WHO OWNS AMERICA? Who Profits at U.S. Demise?
--------- article follows:
American Economy: R.I.P.
By Paul Craig Roberts
09/10/07 "ICH' -- -- The US economy continues its slow death before our
eyes, but economists, policymakers, and most of the public are blind to the
tottering fabled land of opportunity.
In August jobs in goods-producing industries declined by 64,000. The US economy
lost 4,000 jobs overall. The private sector created a mere 24,000 jobs, all of
which could be attributed to the 24,100 new jobs for waitresses and bartenders,
and the government sector lost 28,000 jobs.
In the 21st century the US economy has ceased to create jobs in export
industries and in industries that compete with imports. US job growth has been
confined to domestic services, principally to food services and drinking places
(waitresses and bartenders), private education and health services (ambulatory
health care and hospital orderlies), and construction (which now has tanked).
The lack of job growth in higher productivity, higher paid occupations
associated with the American middle and upper middle classes will eventually
kill the US consumer market.
The unemployment rate held steady, but that is because 340,000 Americans unable
to find jobs dropped out of the labor force in August. The US measures
unemployment only among the active work force, which includes those seeking
jobs. Those who are discouraged and have given up are not counted as unemployed.
With goods producing industries in long term decline as more and more production
of US firms is moved offshore, the engineering professions are in decline.
Managerial jobs are primarily confined to retail trade and financial services.
Franchises and chains have curtailed opportunities for independent family
businesses, and the US government’s open borders policy denies unskilled jobs to
the displaced members of the middle class.
When US companies offshore their production for US markets, the consequences for
the US economy are highly detrimental. One consequence is that foreign labor is
substituted for US labor, resulting in a shriveling of career opportunities and
income growth in the US. Another is that US Gross Domestic Product is turned
into imports. By turning US brand names into imports, offshoring has a double
whammy on the US trade deficit. Simultaneously, imports rise by the amount of
offshored production, and the supply of exportable manufactured goods declines
by the same amount.
The US now has a trade deficit with every part of the world. In 2006 (the latest
annual data), the US had a trade deficit totaling $838,271,000,000.
The US trade deficit with Europe was $142,538,000,000. With Canada the deficit
was $75,085,000,000. With Latin America it was $112,579,000,000 (of which
$67,303,000,000 was with Mexico). The deficit with Asia and Pacific was
$409,765,000,000 (of which $233,087,000,000 was with China and $90,966,000,000
was with Japan). With the Middle East the deficit was $36,112,000,000, and with
Africa the US trade deficit was $62,192,000,000.
Public worry for three decades about the US oil deficit has created a false
impression among Americans that a self-sufficient America is impaired only by
dependence on Middle East oil. The fact of the matter is that the total US
deficit with OPEC, an organization that includes as many countries outside the
Middle East as within it, is $106,260,000,000, or about one-eighth of the annual
US trade deficit.
Moreover, the US gets most of its oil from outside the Middle East, and the US
trade deficit reflects this fact. The US deficit with Nigeria, Mexico, and
Venezuela is 3.3 times larger than the US trade deficit with the Middle East
despite the fact that the US sells more to Venezuela and 18 times more to Mexico
than it does to Saudi Arabia.
What is striking about US dependency on imports is that it is practically across
the board. Americans are dependent on imports of foreign foods, feeds, and
beverages in the amount of $8,975,000,000.
Americans are dependent on imports of foreign Industrial supplies and materials
in the amount of $326,459,000,000--more than three times US dependency on OPEC.
Americans can no longer provide their own transportation. They are dependent on
imports of automotive vehicles, parts, and engines in the amount of
$149,499,000,000, or 1.5 times greater than the US dependency on OPEC.
In addition to the automobile dependency, Americans are 3.4 times more dependent
on imports of manufactured consumer durable and nondurable goods than they are
on OPEC. Americans no longer can produce their own clothes, shoes, or household
appliances and have a trade deficit in consumer manufactured goods in the amount
of $336,118,000,000.
The US “superpower” even has a deficit in capital goods, including machinery,
electric generating machinery, machine tools, computers, and telecommunications
equipment.
What does it mean that the US has a $800 billion trade deficit?
It means that Americans are consuming $800 billion more than they are producing.
How do Americans pay for it?
They pay for it by giving up ownership of existing assets--stocks, bonds,
companies, real estate, commodities. America used to be a creditor nation. Now
America is a debtor nation. Foreigners own $2.5 trillion more of American assets
than Americans own of foreign assets. When foreigners acquire ownership of US
assets, they also acquire ownership of the future income streams that the assets
produce. More income shifts away from Americans.
How long can Americans consume more than they can produce?
American over-consumption can continue for as long as Americans can find ways to
go deeper in personal debt in order to finance their consumption and for as long
as the US dollar can remain the world reserve currency.
The 21st century has brought Americans (with the exception of CEOs, hedge fund
managers and investment bankers) no growth in real median household income.
Americans have increased their consumption by dropping their saving rate to the
depression level of 1933 when there was massive unemployment and by spending
their home equity and running up credit card bills. The ability of a population,
severely impacted by the loss of good jobs to foreigners as a result of
offshoring and H-1B work visas and by the bursting of the housing bubble, to
continue to accumulate more personal debt is limited to say the least.
Foreigners accept US dollars in exchange for their real goods and services,
because dollars can be used to settle every country’s international accounts. By
running a trade deficit, the US insures the financing of its government budget
deficit as the surplus dollars in foreign hands are invested in US Treasuries
and other dollar-denominated assets.
The ability of the US dollar to retain its reserve currency status is eroding
due to the continuous increases in US budget and trade deficits. Today the world
is literally flooded with dollars. In attempts to reduce the rate at which they
are accumulating dollars, foreign governments and investors are diversifying
into other traded currencies. As a result, the dollar prices of the Euro, UK
pound, Canadian dollar, Thai baht, and other currencies have been bid up. In the
21st century, the US dollar has declined about 33 percent against other
currencies. The US dollar remains the reserve currency primarily due to habit
and the lack of a clear alternative.
The data used in this article is freely available. It can be found at two
official US government sites:
http://www.bea.gov/international/bp_web/simple.cfm?anon=71&table_id=20&area_id=3
and http://www.bls.gov/news.release/empsit.t14.htm
The jobs data and the absence of growth in real income for most of the
population are inconsistent with reports of US GDP and productivity growth.
Economists take for granted that the work force is paid in keeping with its
productivity. A rise in productivity thus translates into a rise in real incomes
of workers. Yet, we have had years of reported strong productivity growth but
stagnant or declining household incomes. And somehow the GDP is rising, but not
the incomes of the work force.
Something is wrong here. Either the data indicating productivity and GDP growth
are wrong or Karl Marx was right that capitalism works to concentrate income in
the hands of the few capitalists. A case can be made for both explanations.
Recently an economist, Susan Houseman, discovered that the reliability of some
US economics statistics has been impaired by offshoring. Houseman found that
cost reductions achieved by US firms shifting production offshore are being
miscounted as GDP growth in the US and that productivity gains achieved by US
firms when they move design, research, and development offshore are showing up
as increases in US productivity. Obviously, production and productivity that
occur abroad are not part of the US domestic economy.
Houseman’s discovery rated a Business Week cover story last June 18, but her
important discovery seems already to have gone down the memory hole. The
economics profession has over-committed itself to the “benefits” of offshoring,
globalism, and the non-existent “New Economy.” Houseman’s discovery is too much
of a threat to economists’ human capital, corporate research grants, and free
market ideology.
The media has likewise let the story go, because in the 1990s the Clinton
administration and Congress overturned US policy in favor of a diverse and
independent media and permitted a few mega-corporations to concentrate in their
hands the ownership of the US media, which reports in keeping with corporate and
government interests.
The case for Marx is that offshoring has boosted corporate earnings by lowering
labor costs, thereby concentrating income growth in the hands of the owners and
managers of capital. According to Forbes magazine, the top 20 earners among
private equity and hedge fund managers are earning average yearly compensation
of $657,500,000, with four actually earning more
than $1 billion annually. The otherwise
excessive $36,400,000 average annual pay of the 20 top earners among CEOs of
publicly-held companies looks paltry by comparison. The careers and financial
prospects of many Americans were destroyed to achieve these lofty earnings for
the few.
Hubris prevents realization that Americans are losing their economic future
along with their civil liberties and are on the verge of enserfment.
Paul Craig Roberts was Assistant Secretary of the Treasury in the Reagan
administration. He was Associate Editor of the Wall Street Journal editorial
page and Contributing Editor of National Review. He is coauthor of The Tyranny
of Good Intentions.
---------
AND WHO OWNS THE PRIVATIZED FEDERAL RESERVE BANK IN COLLUSION WITH THE "BANKSTERS" ABOVE???
READ ON...
TIDBITS
Sir Peter Bonnell CJSJ
Bringing you the TRUTH since 1982
“Search for the truth is the noblest occupation of man;
its publication is a duty.”
- Madame de Stael
www.tidbitsnews.com
June 27, 2007
"Give me control of a nation's currency and I care not
who makes the laws. "
- Baron Rothschild
Never before in our history has this been more true. The President on down
completely ignore the people and listen only to their masters; the international
money men who want a One world government with them in charge. These are the
international Zionists who started, spread and controlled all communism. Now
they have just given it a different name, it is still mass slavery, look around
you at the ever increasing police state. Get the picture?
What do you think you really know about the Federal Reserve Bank and the U.S.
Government (Bureaucracy)
HERE IS THE FULL STORY:
On the night of December 23, 1913, Congress passed the Federal
Reserve Act. The Result? The greatest theft in the history of the world,
the loss of America's gold and silver reserves, and a federal debt of over five
trillion dollars!
Although Article 1, Section 8, of the Constitution, makes Congress
responsible for coining money, it is the Fed that has total monetary control.
However, the Fed is not a Federal agency and has no reserves,
it is a privately-owned banking system.
A Mr. Lewis was injured by a Federal Reserve vehicle and sued the U.S.
government for damages. The court ruled, "..that since the Federal Reserve
System and its twelve branch banks are private corporations, the federal
government could not be held responsible."- Lewis v. U.S., 608F 2d 1239
(1982).
U.S. paper currency reads: Federal Reserve Note." But, "Money in usual and
ordinary acceptation... does not embrace notes." - Black's Law Dictionary, 6th
Ed.
All money in circulation is borrowed; every dollar in your possession
is a debt to the Fed. If all debts were repaid,
there would be no money in circulation!
When Congress needs money, the Fed sells Treasury Bonds (pieces of
paper) for the amount required at an interest rate set by the Fed.
Treasury then sends the printed currency to the Fed which pays a few pennies
(about four cents) for each printed bill. This money is then loaned back to
us through the banks which loan it as debt money.
All money is borrowed, but only principal can be borrowed, the interest cannot
be borrowed. Thus, a problem occurs when, for example, the Fed loans $100
million to a bank at 10%. The bank must repay $110 million;
but since only $100 million was issued, the un-issued $10 million must become
debt. The Fed can never be repaid!
Furthermore, if a business borrows $500,000 at 10%, the money is spent into
circulation, and the economy improves. But when the debt plus interest
($550,000), is repaid, more money is removed from circulation than was put in,
and the economy suffers .
Just as destructive is Fractional Reserve Banking. In the pamphlet I Bet You
Thought by the Federal Reserve Bank of Boston, it states, "Banks create money
by monetizing debt." For example, if the Fractional Reserve is 10%, a bank
that has on deposit $1 million (10% of $10 million) can loan an additional
$9 million, money the banks don't actually have - they've created money!
To protect depositors, banks are insured for $100,000 per account by the
FDIC, a government agency, funded by taxpayers. When there are major failures,
such as the Savings and Loan debacle or foreign loan repayment defaults,
Congress uses taxpayer money to bail out the banks. The banking interests
never lose!
The Fed controls the economy with interest rates. Rates go up,
less borrowing, less money in circulation, the economy slows. Rates go down,
more borrowing, more money in circulation, and the economy heats up. But if
U.S. or foreign investors lose faith in the economy the Fed will be unable to
exert control.
The Fed collects interest, in gold, on every dollar issued. (They do not
accept Federal Reserve Notes). And, by law, they pay no federal taxes.
In 1992 each stockholder received dividends of $15.5 billion.
Who are the stockholders? Not the American public! In Secrets of the Federal
Reserve, author Eustace Mullins writes they are: the Rothschilds
(London & Berlin), Lazard Bros. (Paris), Israel Seiff
(Italy), Kuhn-Loeb Co.(Germany), Warburg Co.
(Hamburg & Amsterdam), Lehman Bros. (NY), Goldman Sachs
(NY), Rockefeller family (NY), and the J.P. Morgan
interests (NY). Although the Fed Chairman is required to report to Congress, he
is not directed by it.
ENTER THE INCOME TAX
Until 1913, tariffs on trade furnished most of the money needed to fund the
federal government. Then Congress passed the Underwood trade bill, which
canceled most tariffs. Suddenly, Congress claimed it had to find another tax
source. Senator Aldrich co-sponsored the 16th Amendment creating the Income
Tax. Soon after passage by Congress in 1913, Philander Knox issued the odd
announcement that, "The 16th Amendment seems to have been ratified."
Doubting ratification of the 16th Amendment by three-fourths of the states,
Bill Benson and M. J. "Red" Beckman traveled to 48 states (Alaska and Hawaii
were not states in 1913). They got certified copies of all ratification
documents from each of the legislatures, (17,000 documents) and, in a
two-volume work, proved that not one state had legally ratified the 16th
Amendment as written. See:
www.thelawthatneverwas.com
That isn't all. "The Internal Revenue Service was never authorized by
Congress." - Public Notice - Media Bypass, March, 1997
An unconstitutional act is enforced by an unauthorized agency.
Withholding taxes, an emergency measure initiated only for World War II, are
still collected.
Income taxes pay only Federal Reserve debt and IRS expenses.
"Income taxes do not fund any government function." - Page 12, President's
Private Sector Survey on Cost Control, January 15, 1984 - Library of Congress.
PREVIOUS FEDERAL BANKING HISTORY
Alexander Hamilton lobbied for the first privately-owned federal bank.
However, Thomas Jefferson opposed it writing, "If the American people ever allow
the banks to control the issuance of their currency, first by inflation and
then by deflation, the banks and corporations that will grow up around them
will deprive the people of all property, until their children will wake up
homeless on the continent their fathers occupied." In 1789, ignoring
Jefferson's warning, Congress chartered the bank for 20 years.
In 1792, Congress specified that only gold and silver were lawful money.
Owners sent these precious metals to the U.S. Mint to be made into coins. This
money was spent into the economy and remained in circulation. Every dollar
improved the economy, and, in an exchange of goods for money, the seller
received gold or silver coins. The U.S. had a privately-owned national bank
and lawful money at the same time.
In 1811, Thomas Jefferson, then president, refused to renew the bank's
charter. In a letter to James Madison he had written, "I believe that
banking institutions are more dangerous to our liberties than standing armies."
MISTAKE NUMBER TWO
In 1816 Congress chartered a second federal bank for 20 years. When the
charter was nearing renewal in 1836, National Bank President Biddle, threatened
President Jackson, that if the charter was not renewed he would destroy the U.S.
economy. But Jackson was not one to be intimidated., he overrode Congress, and
closed the bank commenting, "The bold effort the present bank had made to
control the government... are but premonitions of the fate that awaits the
American people should they be deluded into a perpetuation of this institution
or the establishment of another like it."
So, for 76 years there was no federal bank, gold was $20 an ounce, and Congress
adhered to Article 1, Section 8, of the Constitution; it regulated money.
1913- THEY NEVER LEARN
In "From Farm Boy to Financier," Frank Vanderlip wrote, "Since it would
be fatal to Senator Aldrich's plan to have it known that he was calling on
anybody from Wall Street to help him in preparing his report and bill,
precautions were taken... Asked to go were Henry Davison, Paul
Warburg, Ben Strong and myself. From Washington came A.
Piatt Andrew Jr.... We were told to leave our names behind us... We
were instructed
to come one at a time and as unobtrusively as possible to the railroad
terminal.... where Senator Aldrich's private car would be in readiness...
Discovery, we knew, simply must not happen... If it were to be exposed publicly
that our particular group had written a banking bill, that bill would have no
chance whatever of passage by Congress... although the Aldrich
Federal Reserve plan was defeated its essential points were contained in the
plan that was finally adopted..."
The Fed was chartered to end economic fluctuations. However, Congressman
Lindbergh, the aviator's father, disagreed stating, "The new (Federal Reserve)
bill will create inflation whenever the trusts want a period of inflation...
they figure they can unload the stocks on the people at high prices during the
excitement and then bring on a panic and buy them back at low prices... The
people may not know it immediately, but the day of reckoning is only a few years
removed..." - Congressional Record, Dec. 22, 1913.
1929 - THE CRASH
Lindbergh had been right, only 16 years passed before the U.S. entered the
worst financial recession in its history, the Great Depression.
Even though many economists state the depression was caused by the
Smoot-Hawley Tariff Act, which increased duties on imports, the Smoot-Hawley
bill was not signed into law until April of 1930, eight
months after the crash.
But not all believed tariffs were at fault. "When business in the United
States underwent a mild contraction in 1927, the Federal Reserve created more
paper currency in the hope of forestalling any possible bank reserve
shortage... More disastrous, however, was the Federal Reserve's attempt to
assist Great Britain... The excess credit spilled over into the stock market-
triggering a fantastic speculative boom... As a result the American economy
collapsed." - Gold and Economic Freedom by Alan Greenspan, Chairman, Federal
Reserve.
Still others believed that the crash was planned. "It was not an
accident, it was a carefully contrived occurrence. The international bankers
sought to bring about a condition of despair here so they might
emerge as rulers of us all." - Louis B. McFadden, Chairman, House Banking
Committee, 75th Congress. (Prior to investigating the Fed, McFadden died of a
suspicious "heart failure" after food poisoning).
The
Fed has never been audited, or investigated!
TIDBITS NOTE: In the book FINAL JUDGEMENT by Michael Collins Piper, he tells
about the secret war between Pres. John F. Kennedy with Israel. Kennedy wanted
to take all the nuclear weapons out of Israel (all of which secrets were stolen
from us to begin with and given to communist China by them and is the real cause
of the Mid-East problem-but no one in the controlled media ever mentions taking
the Nukes out of Israel or even their being loaded with hundreds of them (the
controlled media- is controlled by the people we are talking about here).
Kennedys plan was also wanting to do away with the Fed and print our own
money backed by gold and silver, which would make our dollar the most
powerful and sort after currency in the world. And this would have ended the
Jewish control of their domination of the rest of the world money supply also.
The book proves everyone and I mean everyone, from the wealthy Canadian Jewish
Bronfman family, Clay Shaw and his friends, Jack Ruby and the man that
controlled the shooters on the knoll and all connected with the assassination of
Kennedy where Jewish controlled CIA operatives and Israeli Mossad working
together. If enough Tidbits readers want this book and contact me from our
website
www.tidbitsnews.com I
will offer this book for sale.
Concerned about the 1987 stock market plunge,
the Fed now has an illegal "Plunge Protection Team" - (AP 10/17/97) to buy
stocks if a massive sell-off threatens the stock market.
THE GREAT DEPRESSION
America had suffered panics and recessions before but had always quickly
recovered. Now there was no sign of recovery. Few Americans realized that the
Fed's debt money was destroying the economy. Except for gold and silver coins,
all of the money in circulation was borrowed. Consequently, when companies and
brokerage houses went bankrupt, banks, dependent on repayment of the loans,
began to fail. Depositors withdrew their savings, banks recalled loans, no one
was borrowing, and paper currency began to disappear.
Then, in 1933 President Roosevelt confiscated gold coins. The
government bought the coins at $20 an ounce, and then, just six months later,
revalued gold to $32 an ounce. The government had just conned its own
citizens during those desperate times.
Except for silver coins, this left only paper currency in circulation,
trapping the economy in a vicious circle. Worried, people bought only
necessities, causing companies to lay off more workers and cut borrowing. This
reduced the amount of currency in circulation, creating more thrift. In 1927
the M1 money supply (currency plus demand deposits) had been $26.10 billion, but
by 1933, instead of increasing, it had decreased by almost 25% to $19.91
billion. (Historical Statistics of U.S. Colonial Times to 1970 - U.S. Dept. of
Commerce) - Debt money had come home to roost!
The government started programs to pump money into the economy, building dams,
roads, parks, etc. But this didn't compare to the money generated by a
flourishing industrial nation It was only the massive
> spending of the Second World War that ended the Great Depression.
PUTTING IN THE FINAL COFFIN NAILS
Since then, our currency has steadily deteriorated. In 1965, President
Johnson removed silver from coins. And, in 1978, Congress took us
off the gold standard, but the definition of lawful money has not changed:
"Lawful Money... to mean gold and silver coin of the United States." -
U.S. Code, Title 12, Section 152..
We now have fiat money (currency not backed by anything of true value),
which can be devalued at any time. Gold, $20 an ounce in 1933, is now
several hundred dollars an ounce (Tidbits: today gold is $654.30). It has
been the devaluation of the dollar, not inflation, which has reduced its buying
power. But Congressmen are content, knowing that with fiat money they
don't have to raise taxes, the Fed will provide the money and just put us
deeper in debt.
"When a well-packaged web of lies has been sold gradually to the masses over
generations (thru media control), the truth will seem utterly preposterous and
its speaker a raving lunatic."
anonymous
Ref:
www.devvy.com (Wallace Institute), and:
The Creature from Jekyll Island by G. Edward Griffin
*Sir Peter is an American and international news columnist Knighted
for an "outstanding fight against world communism". He was promoted to Commander
& Brig. Gen. in 1978, served as Ambassador of the Sovereign Order of St. John
1978-1980, appointed as Chairman of the Ohio Governor's Export Council to
Central America in 1982. His political writings are sent to news services in the
U.S. and other countries.
~~~~~~~~~
“Support your country all the time and the government when it
deserves it”.
-Mark Twain
“It’s better to tell the truth than to lie;
It’s better to have knowledge than be ignorant;
It’s better to be free than to be a slave;
If you are afraid to speak against tyranny,
then you are already a slave.”
- JBR Yant
~~~~~~~~~
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You also may feel free to print this column and distribute it to others.
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~~~~~~~~~
Other Notable Quotables:
The easiest way to
gain control of the population is
to carry out acts of terror. The public will clamor
for such laws if the personal security is threatened.
- Joseph Stalin
"Since I entered politics, I have chiefly had men's
views confided to me privately. Some of the biggest
men in the United States in the fields of commerce
and manufacturingare afraid of somebody. They know
that there is a power somewhere so organized, so
subtle, so watchful, so interlocked, so complete, so
pervasive, that they had better not speak above their
breath when they speak in condemnation of it." -
Woodrow Wilson
"A financial element in the large centers has owned
the government since the days of Andrew Jackson." -
Franklin Roosevelt
"We are on the verge of a global transformation. All
we need is the right major crisis and the nations will
accept the New World Order." - David Rockefeller
"In politics, nothing happens by accident. If it
happens, you can bet it was planned that way." -
Franklin D. Roosevelt
"Today, America would be outraged if UN troops entered
Los Angeles to restore order. Tomorrow they will be
grateful! This is especially true if they were told
that there was an outside threat from beyond, whether
real or promulgated, that threatened our very
existence. It is then that all people of the world
will plead to deliver them from this evil. The one
thing every man fears is the unknown. When presented
with this scenario, individual rights will be
willingly relinquished for the guarantee of their
well-being granted to them by the world government."
- Henry Kissinger
(Bilderburg Conference 1991 Evians, France)
The individual is handicapped by coming face to face
with a conspiracy so monstrous he cannot believe it
exists. - Edgar J Hoover
"Naturally the common people don't want warbut after
all, it is the leaders of the country who determine
policy, and it is always a simple matter to drag the
people along, whether it is a democracy, or a fascist
dictatorship, or a parliament, or a communist
dictatorshipall you have to do is to tell them they
are being attacked, and denounce the pacifists for
lack of patriotism and exposing the country to danger.
It works the same way in any country." Herman Goering
(One of Hitler's top men, during the Nuremberg Trials)
We must strengthen the United Nations as a first step
toward a World Government, patterned after our Own
Government with a legislature, executive and judiciary
and police. - Walter Cronkite
In 1913, Woodrow Wilson signed the Federal Reserve
Act. A few years later he wrote: I am a most unhappy
man. I have unwittingly ruined my country. A great
industrial nation is controlled by its system of
credit. Our system of credit is concentrated. The
growth of the nation, therefore, and all our
activities are in the hands of a few men. We have come
to be one of the worst ruled, one of the most
completely controlled and dominated Governments in the
civilized world no longer a Government by free
opinion, no longer a Government by conviction and the
vote of the majority, but a Government by the opinion
and duress of a small group of dominant men.
- Woodrow Wilson
By the time you become the leader of a country,
someone else makes all the decisions. You may find you
can get away with Virtual Presidents, Virtual Prime
Ministers, and Virtual Everything. - Bill Clinton
Give me control of a Nation's money and I care not
who makes the laws."
- Mayer Amschel Bauer (Rothschild)
The real rulers of Washington are Invisible and
exercise power from behind the scenes.
- Justice Felix Frankfurter - US Supreme Court Justice
The real menace of our Republic is the invisible
Government which like a giant Octopus, sprawls its
slimy legs over our cities, states, and nation.
- John F. Hylan - Mayor NYC 1918-1925
The real truth of the matter is, as you and I know
that a financial element in the large centers has
OWNED the Government of the U.S. since the days of
Andrew Jackson." (History points to the last truly
honorable and incorruptible American President as
"Old Hickory")
- FDR to Col. E. Mandell House 11/21/1933
"The Trilateralist Commission is international
...(and)...is intended to be the vehicle for
multinational consolidation of the commercial and
banking interests by seizing CONTROL of the political
government of the United States. The Trilateralist
Commission represents a skillful, coordinated effort
to seize COTROL and consolidate the four centers of
power: Political - Monetary - Intellectual - and
Ecclesiastical." - Barry Goldwater , U.S. Senator AZ.
"With No Apologies"
"We shall have World Government. Whether or not we
like it. The only Question is whether World Government
will be achieved by conquest or consent."
- James Paul Warburg, Foreign agent for the Rothschild
dynasty - Major Player in the Federal Reserve act scam
Feb. 17, 1950 speaking before the U.S. Senate.
"We are grateful to the Washington Post, the NY Times,
Time Magazine, and other great publications whose
directors have attended our meetings, and respected
their promises of discretion for almost 40 years. It
would have been impossible for us to develop OUR PLAN
for the world if we had been subjected to the lights
of publicity during those years. But, the world is now
more sophisticated and prepared to march towards a
World Government. The supranational sovereignty of an
intellectual ELITE and World Bankers is surely
preferable to the national auto - determination
practiced in past centuries."
- David Rockefeller CFR Kingpin, Founder of the
Trilateral Commission, NOW Godfather / June 1991
"The Technetronic era involves the gradual appearance
of a more CONTROLLED society. Such a society would be
dominated by ELITE, unrestrained by traditional values."
- Zbigniew Brezhinsky , Advisor to 5 U.S. Presidents
- Executive Director Trilateral Commission.
"Between two Ages"
"It is well enough that people of the nation do not
understand our Banking and Monetary system, for if
they did, I believe there would be a Revolution before
tomorrow morning." - Henry Ford
"We can't be so fixated on our desire to preserve the
rights of ordinary Americans" - Bill Clinton 1993
"The interests behind the Bush Administration, such as
the CFR, the Trilateral Commission founded by
Brzezinski for David Rockefeller and the Bilderberg
Group have prepared for and are now moving to implement
open world dictatorship within the next five years."
- Dr. Johannes Koeppl former official of the
German Ministry for Defense and adviser to NATO.
"We are on the verge of a Global transformation. All
we need is the right major crisis and the nations will
accept the New World Order." - David Rockefeller
"Democracy tends to ignore, even deny, threats to its
existence because it loathes doing what is needed to
counter them," explained Revel. "It awakens only when
the danger becomes deadly, imminent, and evident. By
then, either there is too little time left for it to
save itself, or the price of survival has become
crushingly high." - Jean Francois Revel
"For more than a century, ideological extremists at
either end of the political spectrum have seized upon
well-publicized incidents to attack the Rockefeller
family for the inordinate influence they claim we
wield over American political and economic
institutions. Some even believe we are part of a
secret cabal working against the best interests of the
United States, characterizing my family and me as
'internationalists' and of conspiring with others
around the world to build a more integrated global
political and economic structure - one world, if you
will. If that's the charge, I stand guilty, and I am
proud of it." - David Rockefeller, Memoirs , 2002
"Stop throwing the Constitution in my face! It's just
a [expletive deleted] piece of paper!" - George Bush
"I came to America because of the great, great freedom
which I heard existed in this country. I made a mistake
in selecting America as a land of freedom, a mistake
I cannot repair in the balance of my lifetime."
- Albert Einstein, 1947
"We have come to be one of the worst ruled, one of the
most completely controlled and dominated Governments
in the world - no longer a Government of free opinion,
no longer a Government by conviction and vote of the
majority, but a Government by the opinion and duress
of small groups of dominant men." - Woodrow Wilson
[U.S. President during World War I]
"The U.S. must carry out some act somewhere in the
world which shows its determination to continue to be
a world power." - Henry Kissinger, post-Vietnam blues,
as quoted in The Washington Post, April 1975
"I believe that banking institutions are more
dangerous to our liberties than standing armies.
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."
-- Thomas Jefferson