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Thursday, May 9, 2013

Give Me Control Of A Nation's Money And I Care Not Who Makes The Laws.


Have banks grown too big? Are there banking institutions which are too big to fail (TBTK)? Many would say yes. But what does that mean?
According to Matt Taibbi of Rolling Stone it means:
“Everything Is Rigged: The Biggest Price-Fixing Scandal Ever.” Matt says that the Illuminati were but mere amateurs. The second huge financial scandal of the year reveals the real international conspiracy: There's no price the big banks can't fix.
Conspiracy theorists of the world, believers in the hidden hands of the Rothschilds and the Masons and the Illuminati, we skeptics owe you an apology. You were right. The players may be a little different, but your basic premise is correct: The world is a rigged game. We found this out in recent months, when a series of related corruption stories spilled out of the financial sector, suggesting the world's largest banks may be fixing the prices of, well, just about everything.
 
So is the world a rigged game, controlled by banking institutions?
"I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity under the name of funding is but swindling futurity on a large scale."
For the record, that was not Matt Taibbi in 2013, but Thomas Jefferson to John Taylor in 1816. So the fear of banking is not only new but part of the American History. But is it a reasonable fear?

Breaking Inequality is a documentary film about the corruption between Washington and Wall Street which according to the filmmakers has resulted in the largest inequality gap in the history of America. The inequality gap is presently the worst that it has ever been and there seems to be no solution in place to repair this crippling problem.
"No country in the history of the world has ever remained a super power without a middle class and the road we are currently traveling doesn't include this all-important segment of the population. The old saying "As goes the middle class... so goes the nation" holds true even more today than ever."
We live in a world where governments can create as much money as they want in order to fund all kinds of wasteful projects, wars, handouts, and banker bailouts. The current system by design has transferred the wealth from average everyday Americans to an elite few who care not about the majority.

One aspect is clear. Regardless of whom is in control, the “Global Leaders” (be it Banks, Central Bankers, or Merchant Banking Families) are printing money at an alarming rate and the rich are getting richer and the poor are getting poorer.
"Our public credit is good, but the abundance of paper has produced a spirit of gambling in the funds, which has laid up our ships at the wharves as too slow instruments of profit, and has even disarmed the hand of the tailor of his needle and thimble. They say the evil will cure itself. I wish it may; but I have rarely seen a gamester cured, even by the disasters of his vocation." --Thomas Jefferson to Gouverneur Morris, 1791.
The pricing of 'safe' assets reflects the ongoing uncertainty in a world that is in the grip of the lunacy of policymakers who have seemingly lost all sense of perspective and are engaged in a huge gamble. This essential fundamental backdrop has not changed for the better lately, but for the worse. What this once again demonstrates is that intervention by Central Banks is creating incentives for many institutional investors to take inordinate risks in the name of preserving the purchasing power of the savings that have been entrusted to them. The problem is that the gains of today are absolutely certain to become the losses of tomorrow for investors taking the bait, as the echo bubble created by loose monetary policy is fated to turn into a major bust once the boom has played out. When the tide is going out, a great many naked swimmers will be revealed.

So fiat, paper money is nothing more than gambling at the expense of the people. Thomas Jefferson spoke often and frequently of the dangers of the banking system.
"Everything predicted by the enemies of banks, in the beginning, is now coming to pass. We are to be ruined now by the deluge of bank paper. It is cruel that such revolutions in private fortunes should be at the mercy of avaricious adventurers, who, instead of employing their capital, if any they have, in manufactures, commerce, and other useful pursuits, make it an instrument to burden all the interchanges of property with their swindling profits, profits which are the price of no useful industry of theirs."
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.

Perhaps we should have better headed Jefferson's warnings. Jefferson was not alone in his view that private banks (the Federal Reserve is a private bank) are dangerous. In one of the most sage statements ever issued as to money was that made by Mayer Amschel Rothschild: “Give me control of a nation's money and I care not who makes the laws.”
Mayer Amschel Rothschild was a German banker and the founder of the Rothschild family international banking dynasty that became one of the most successful business families in history. His descendants furthered the family fortune across Europe, the "five arrows" of banking. Eldest son Amschel Mayer took over the Frankfurt bank and Salomon moved to Vienna. Nathan turned the London branch into one of Europe's most powerful banking institutions (N. M. Rothschild & Sons), Calmann (gentrified to "Carl") set up a branch in Naples and Jacob ("James") became a giant of finance in Paris.
The Rothschild Family, and their five arrows of banking, has become the center of conspiracy theorist, as well as one of the “founding families” of the Illuminati. Is there some secret society or group of people who are out to control us all? Many would say yes.
Neil Macdonald claims that the world's central banks have printed unimaginable amounts of money in recent years - "these guys are really more powerful than the government." According to Macdonald, "can you imagine if the American public knew there was this 'club' that met secretly in Switzerland and made decisions that dramatically affected their lives, but we're not going to tell you about it because it's too complicated." The club to which he refers is that of the most influential Central Bankers in the world. In this view, the “Swiss Gnomes”, Central Bankers, are the real puppet masters of the World. But is that really plausible? Or is there another master? Many say the Central Bankers are mere puppets. Many argue that the "power of money" constitute the Machiavellian Oz "behind the curtain," and that Central Bankers are their hand maidens and nothing more.
Carroll Quigley, presidential mentor to President Clinton remarked:
"It must not be felt that these heads of the world's chief central banks were themselves substantive powers in world finance. They were not. Rather, they were the technicians and agents of the dominant investment bankers of their own countries, who had raised them up and were perfectly capable of throwing them down. The substantive financial powers of the world were in the hands of these investment bankers (also called "international" or "merchant" bankers) who remained largely behind the scenes in their own unincorporated private banks. These formed a system of international cooperation and national dominance which was more private, more powerful, and more secret than that of their agents in the central banks. This dominance of investment bankers was based on their control over the flows of credit and investment funds in their own countries and throughout the world. They could dominate the financial and industrial systems of their own countries by their influence over the flow of current funds through bank loans, the discount rate, and the re-discounting of commercial debts; they could dominate governments by their control over current government loans and the play of the international exchanges. Almost all of this power was exercised by the personal influence and prestige of men who had demonstrated their ability in the past to bring off successful financial coupe, to keep their word, to remain cool in a crisis, and to share their winning opportunities with their associates. In this system the Rothschilds had been preeminent during much of the nineteenth century, but, at the end of that century, they were being replaced by J. P. Morgan whose central office was in New York, although it was always operated as if it were in London (where it had, indeed, originated as George Peabody and Company in 1838)."

So if it is not the Central Bankers, who is it that controls the world? Is there some Illuminati or new world order?
Those that believe in the “New World Order” suggest that the Custodial Framework or Network for this new order is:
  • United Nations - Global Police
  • World Bank - Global Lender
  • International Monetary Fund - Global Debt Collector
  • Intelligence - Custodial Eyes & Ears (Mi6, Mi5, CIA, MSS, Mossad, FSB {KGB}, SIS, CSIS, ASIS, DCRI, BND etc)
  • Power & Control Centres - US Council on Foreign Relations, European Council on Foreign Relations, Club of Rome, Bilderberg Group, Royal Institute for International Affairs, Trilateral Commission etc.
  • Main Stream Media - Global Propaganda
  • Hollywood - Global Propaganda and epicentre for Alternative/Pagan/Kabbalic/Ancient Mystery Religious interests.
  • Bank for International Settlements - Global Banking Computer Network for the movement and transfer of Global Currencies (the Back Bone)
  • London Bullion Market Association - Physical distribution and controlling agency of Gold (real wealth)
  • Central banking Network - Physical distribution and controlling agency of Global Currencies (medium of exchange for services, goods and labour)
  • Organization of the Petroleum Exporting Countries – Global distributor and controlling agency of Global Oil (consumable real wealth).
Sounds like a great Hollywood movie. Jason Bourne perhaps?
So in this New World Order, shall we have a Charlemagne or Alexander the Great, who controls all? The whole thing strikes me as rather Old World centric in that it ignores the superpower struggle for primacy and the old/new developed/emerging schisms which simultaneously exist within and without that framework and which may operate at any given time in tandem or against it.
Then there's the major detail that this all transpires in alpha male land; there are the routine pissing matches and longer term struggles within individual organizations and larger club of clubs to dominate. So is it one Global leader or just a Gentlemen's Club of a select few (who still fight amongst themselves)?
One only need look to the European Union to see how contentious it all is. In the beginning there were a handful of core nations equal in partnership and full of the excitement of a new venture.
But as the events in Cyprus have demonstrated, we find the EU headquarters no longer staffed by equals but a useful front for Berlin which resides in another country. In the EU now there is Germany and then there is everyone else and whatever motives you may ascribe to the Germans and whatever political position you may wish to embrace; Germany has gained control of most of Europe. (Much more pleasant to use Euros than tanks. Charlemagne was actually German.)
So while it is still called the European Union, the Emperor is German and the rest of the Court dances to the Prussian anthem.

Sprechen sie deutsch?
How does this impact Americans?  Well, all investors should take note. the market may be hitting new highs thanks to traders’ games, but the real economy is contracting sharply. This is precisely what happened during the market peaks before the Tech Crash and the 2008 Collapse. Over a period of time wealth declines as the bonds markets hold five times the assets of the equity markets and so the lack of yield, of income, begins to take its toll on consumer spending, on corporate revenues and then on profits and on the ability of those dependent of savings to maintain their standard of living. The continual flow of money has helped the banks and helped corporate borrowers but it has not filtered down to the savers and, in fact, their position has been lessened by what the Fed has done.

The prospective P/E on both US and non-US equities are now at the top of the post crash range. Multiple-expansion has driven the rally in large part on the basis that Central Banks have removed the downside tail to investing but at these valuations (and with the expectations that are still priced in for H2 2013 earnings - up 14% vs up 4% in H1) surely caution is warranted.
In a speech from last week's Milken Institute, Leon Black (Apollo Group) says his firm has been a net seller for the last 15 months, and that they "are selling everything that is not nailed down." Critically lost in the mainstream media's diatribe is his point that as the markets push higher, juiced by the Fed's policies, his firm will be selling more and more into that and harvesting gains (realizing profits) as opposed to watching unrealized gains (and the mirage of a wealth effect). Apollo has had $13bn of 'realizations' in the last 15 months - the most ever - as he sees "the market is pricey... in our view, priced for perfection."

Is Leon Black part of the Illuminati/New World Order? Perhaps. But more importantly, he offers FREE and important advice to us all. Sell assets and prepare for the tide to wash out. Don’t be caught naked.
Food, guns and ammunition (and perhaps Gold and Silver) may be all that is left!