Posts Tagged ‘capitalism’

You don’t need to be a financial wizard to know that corruption is alive and well inside the global finance sector. On a daily basis we are bombarded with mainstream news headlines confirming exactly that – the corruption rumors swirling about the European Union (EU) and the escalating Greek financial crisis being a case in point.

We explore these themes in our new release book INTERNATIONAL BANKSTER$: The Global Banking Elite Exposed and the Case for Restructuring Capitalism.

An excerpt from the book follows:

Banks and bankers, of course, are at the very apex of the finance sector. So let’s take a closer look at banking in the 21st Century.

Surprisingly, some of the most perceptive insights into today’s banking system and the problems that pervade it are to be found within alternative media. It turns out there’s a number of former bankers and money men (and women) to be found within the ranks of the citizen journos, or lay journalists, who ‘man’ these alternative media sites.

One of the best summaries of corruption of the banking system, in our opinion, is to be found on the appropriately named TheAlternativeMedia.com  site. On that site, one Mitchell Cagle writes:

“Banks for decades have been the central source of where we save, manage and deposit our money. Many people do not know what actually goes on when your money is deposited. The bank uses your money to invest then gives you a fraction of what they make in interest. Sometimes that interest can actually end up being nothing due to the “fees” they actually charge that are excessive and fraudulent in most cases.

“Lately, banks have increased these fees some 54% resulting in profits of 34 billion dollars per year. It becomes increasing(ly) difficult to balance a checkbook anymore because of these “hidden fees”. If you have a savings account, you are also being ripped off with monthly fees just for having the privilege”.

Cagle lists the following as “examples of how we are being ‘feed’ to death by the banks:

“Banks engage in abusive practices that maximize overdraft fee revenue. The most common triggers of these fees are small debit card transactions that could easily be denied for NO fee.

“They charge exorbitant fees that bear NO relationship to the cost of covering an overdraft.

“They charge excessive numbers of overdraft fees over the course of a day, month or year.

“Automatically enrol customers in the most expensive overdraft protection possible.

“Monthly fees from nine dollars to thirty dollars for checking and savings accounts that used to be FREE.

“They push customers to use debit cards because it cost them LESS to process but GOUGE retailers and customers because of the monopoly setup of the payment system”.

But of course hidden fees are minor tools, or strategies, compared to other tricks of the trade employed by banksters.

 

A sea of never-ending debt

For a more ‘qualified’ insight into the money system, money markets and banking, you can’t go past Ellen Brown’s bestseller Web of Debt. An attorney, Ms Brown is founder of America’s Public Banking Institute. She’s also a harsh critic of what she describes as the money system.

Web of Debt’s blurb reads:

“Our money system is not what we have been led to believe. The creation of money has been “privatized,” or taken over by private money lenders. Thomas Jefferson called them ‘bold and bankrupt adventurers just pretending to have money.’ Except for coins, all of our money is now created as loans advanced by private banking institutions — including the privately-owned Federal Reserve. Banks create the principal but not the interest to service their loans. To find the interest, new loans must continually be taken out, expanding the money supply, inflating prices — and robbing you of the value of your money.

“Not only is virtually the entire money supply created privately by banks, but a mere handful of very big banks is responsible for a massive investment scheme known as ‘derivatives,’ which now tallies in at hundreds of trillions of dollars. The banking system has been contrived so that these big banks always get bailed out by the taxpayers from their risky ventures, but the scheme has reached its mathematical limits. There isn’t enough money in the entire global economy to bail out the banks from a massive derivatives default today”.

Even if Ms Brown is only partially right in that assessment, it still means there is a massive monetary predicament looming.

 

“The bankers and financiers are badly overplaying their hands, again, and people are starting to catch on to the scam. Real wealth is tangible things produced with tangible effort. Loans made out of thin-air ‘money’ require no effort and are entirely ephemeral. But if those loans are used to acquire real ownership of real assets, then something has been exchanged for nothing and one party is getting screwed.” –Chris Martenson

 

You have been reading an excerpt from INTERNATIONAL BANKSTER$. (To be continued).

INTERNATIONAL BANKSTER$: The Global Banking Elite Exposed and the Case for Restructuring Capitalism (The Underground Knowledge Series Book 5)

This book is available exclusively via Amazon: http://www.amazon.com/INTERNATIONAL-BANKSTER-Restructuring-Capitalism-Underground-ebook/dp/B015QN5RTY/  

 

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INTERNATIONAL BANKSTER$: The Global Banking Elite Exposed and the Case for Restructuring Capitalism, book five in our Underground Knowledge Series, identifies who is responsible for the gigantic financial gulf that separates the top 1% of the population from the common people, or the 99%.

The financial overlords illuminated in INTERNATIONAL BANKSTER$  include the powerbrokers at Wall Street banks, European central banks, the US Federal Reserve and the Vatican Bank, as well as elite banking dynasties such as the Rothschild and Rockefeller families.

This new release book discloses the real reasons for the series of recent financial crises. These reasons include: the secret world of “black money” and Old World money where most assets and income remain undeclared; the central banking system and the true nature of the Federal Reserve; the less-than-holy financial activities of the Vatican; the IMF and World Bank’s sometimes less-than-charitable dealings with the Third World; the austerity measures currently being inflicted on vulnerable nations like Greece; as well as the theory that the world’s money supply is essentially being created out of thin air.

Beyond identifying the problems and exposing corruption, INTERNATIONAL BANKSTER$  proposes ideas for creating a fairer economic system. These ideas include: publicly owned banks; utilizing certain aspects of Islamic banking which may be compatible with Western banking systems; exploring whether capitalism and socialism can actually work in tandem; arguing the case to maintain but restructure capitalism; considering the merits of a universal income; and predicting how cybermoney, or cryptocurrencies, will influence the world economy in the coming years.

Though the subjects covered may be monetary issues, that’s on the surface only. In reality, they are humanitarian issues. As the authors state in the book’s opening pages, “Starving the masses of financial opportunities, sinking them in debt and cheating them out of various services their taxes should pay for, are among the greatest sins those in power can commit.”

As governments around the world continue to bail out privately-owned banking institutions ahead of rescuing the millions of citizens facing bankruptcy and eviction from their homes, INTERNATIONAL BANKSTER$  is a timely read.

International Banksters cover

 

INTERNATIONAL BANKSTER$  is available exclusively on Amazon: http://www.amazon.com/INTERNATIONAL-BANKSTER-Restructuring-Capitalism-Underground-ebook/dp/B015QN5RTY/  

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There’s a growing awareness in the general population of large-scale financial corruption by the global elite, or the 1%, if you will. This motivated us to write about it — INTERNATIONAL BANKSTER$, book five in The Underground Knowledge Series, has just been released on Amazon.

International Banksters cover

The Introduction from this book follows:

Since the Global Financial Crisis of 2007-2008, many people around the world have been questioning whether there are certain figures or groups manipulating financial markets behind the scenes.

This speculation intensified with the ensuing government bailouts of privately owned banking institutions ahead of the millions of citizens facing bankruptcy.

As a result, many in the West now regularly second-guess their governments and assess any “financial relief packages” or “economic stimulus plans” with a high degree of suspicion and cynicism.

Occupy Wall Street protestors show what they think of a corrupt economic system.

What certain corrupt politicians and so-called business leaders may have overlooked is that the public are not stupid, and what the average person lacks in specific knowledge of financial markets they make up for in spades with street smarts and life experience. That and the masses have finally caught on to what has been going on for decades, if not centuries, with the money men of the world.

There’s a growing awareness in the general population of large-scale financial corruption by the global elite, or the 1%, if you will.

Surveys have also shown that a big percentage of the public feel they’re being manipulated by corporations, banks, international interests and the media as well as by politicians who appear to have less respect for voters than ever before.

It’s almost as if the public sense there must exist within government little-known powerbrokers who are not for the people, but actually against them. Powerbrokers who are essentially thieves operating in the shadows and getting richer and richer at the expense of the average citizen.

Let’s face it, it’s a really perverse world where we have almost unlimited military expenditure to finance wars, where our governments readily bail out privately-owned banks with multi-trillion dollar relief packages, and yet politicians tell us there is not enough money to cover the measly costs of our own citizens’ basic healthcare, food, education and shelter.

As to the question of who is responsible for this gigantic financial inequity, the prime suspects are the banking elite who are clearly some of the most powerful and influential people on the planet. They shape the modern world far more than politicians do in our opinion. After all, money can buy administrations. Some would even argue money can buy elections as well.

As a result of the public waking up to these sophisticated undercurrents beneath the surface of almost every major financial fraud, bankers are now held in about as high regard as criminal defence lawyers, used-car salesmen, debt collectors, arms traders and even drug traffickers.

We trust all this justifies our usage of the word bankster to describe throughout this book the morally questionable banking profession. Bankster, by the way, is a portmanteau or blend word derived from combining “banker” and “gangster”. Its plural form, “banksters,” refers to the commonly acknowledged predatory element operating within the financial sector.

We should point out, however, that whenever we use the term bankster it always denotes a high-level banker holding a senior position in the likes of major Wall Street banks, the Vatican Bank, the US Federal Reserve or the World Bank. So rest assured, the bank manager at your local branch is not (usually) a “bankster” and is unlikely to have been associated with any of the explosive financial crimes mentioned in this book.

This book is divided into two sections. Part One outlines the problems we’ve identified in banking and finance, while Part Two proposes possible solutions.

The first section is necessary because in order to consider solutions the problems must first be identified and dissected. Many books in this “exposing corruptions” genre offer no solutions to the problems; we hope you will agree that INTERNATIONAL BANKSTER$ is not one of those.

In Part One, titled The Financial Overlords, we cover many of the major financial issues the world is enduring right now. Subjects include: the secret world of “black money” and the elite banking dynasties; the central banking system and the true nature of the US Federal Reserve; the less than holy financial activities of the Vatican Bank; the IMF and World Bank’s sometimes less-than-charitable dealings with the Third World; the austerity measures currently being inflicted on vulnerable nations like Greece; as well as the theory that the world’s money supply is essentially being created out of thin air.

In Part Two, titled Potential Solutions, we propose ideas for creating a fairer economic system. These ideas include: publicly owned banks; utilizing certain aspects of Islamic banking which may be compatible with Western banking systems; exploring whether capitalism and socialism can actually work in tandem; arguing the case to maintain but restructure capitalism; and predicting how cybermoney, or cryptocurrencies, will influence the world economy in the next few years.

We view the subjects covered in this book as being monetary issues on the surface only. In reality, they are humanitarian issues.

There’s more than enough money to feed these starving kids…So why are they starving?

Starving the masses of financial opportunities, sinking them in debt and cheating them out of various services their taxes should pay for, are among the greatest sins those in power can commit. These sins result in widespread poverty, unemployment, increased crime rates, homelessness, drug addiction, overcrowded prisons and a whole host of other social problems.

We hope this book will contribute to the growing awareness in the mass populace that there is, contrary to what the Establishment tells us, enough wealth in the world to fix most of the biggest challenges our planet is currently facing.

Product Details

You have been reading an excerpt from INTERNATIONAL BANKSTER$. To read more go to Amazon: http://www.amazon.com/INTERNATIONAL-BANKSTER-Restructuring-Capitalism-Underground-ebook/dp/B015QN5RTY/

 

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INTERNATIONAL BANKSTER$: The Global Banking Elite Exposed and the Case for Restructuring Capitalism (book five in our Underground Knowledge Series) is scheduled for a September/October release as a Kindle ebook on Amazon.

International Banksters cover

Book #5 in series.

The other books in The Underground Knowledge Series  (in order of release) are:

Product Details

http://www.amazon.com/GENIUS-INTELLIGENCE-Techniques-Technologies-Underground-ebook/dp/B00QXQQWXO/

Product Details

http://www.amazon.com/ANTIGRAVITY-PROPULSION-Technologies-Underground-Knowledge-ebook/dp/B00RSF22SI/

Product Details

http://www.amazon.com/MEDICAL-INDUSTRIAL-COMPLEX-Suppressed-Underground-ebook/dp/B00Y8Y3TUM/

Product Details

http://www.amazon.com/Catcher-Rye-Enigma-Coincidental-Underground-ebook/dp/B00YVROKZ4/

More books coming soon! Watch this space…

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Do you believe capitalism should be restructured, replaced by another economic system or left exactly as is? That’s the question we put to our Underground Knowledge group members in our latest poll on Goodreads.com; we also address that question in our upcoming INTERNATIONAL BANKSTER$: The Global Banking Elite Exposed and the Case for Restructuring Capitalism (book five in our Underground Knowledge Series).

INTERNATIONAL BANKSTER$: The Global Banking Elite Exposed and the Case for Restructuring Capitalism (The Underground Knowledge Series, #5)

Interim poll results show that 53% of respondents believe capitalism should be restructured or reformed; 27% say it should be replaced by another system; 10% insist it should be left exactly as is; and the balance are unsure.

Poll respondents’ comments make for interesting reading. Sample abridged comments (names withheld) follow: 

I’m essentially a Capitalist as I believe (however flawed) Capitalism is the only economic system ever devised that rewards entrepreneurial and/or hard-working individuals. So I’d never vote for Socialism or communism. However, I also think unregulated Capitalism has become one of the biggest problems facing society right now. It is allowing big business (including multinational monopoly-style companies) too much power and the average 9-5 worker is getting screwed.

Communism need not be the only alternative to Capitalism. A system should be devised which incorporates the good from both.

There is such abuse of capitalism… When money is the only objective at any cost you have a problem. The proposed TPP trade agreement is inherently wrong, again giving more power to the corporations. If you look at the 1888 introduction to Edward Bellamy’s Looking Backward you will see the workers still in the same position today. There must be social, economic, governmental and political change. Accountability must be instituted for corporations, none of which, including banks are too big to fail. War profiteering must end. Endless war must end. No one needs excessive billions of dollars at the expense of everyone else. Economic morality must be sadly legislated.

Capitalism should be reformed, so freedom can be secure for all, and finally the ones who were once left behind can be reached.

I think what critics are currently calling Capitalism and the free market are really corporatocracy and cronyism or “unregulated Capitalism” which is a different thing from what was originally in place in the US and much of the Western world. But whatever the case, I do think the wide scale economic or financial corruption by the elites is leading to increasing numbers becoming homeless, losing their homes, going bankrupt, not being able to pay their medical bills, etc, etc.

The greatest flaw of capitalism is the ability of corporate leaders to manipulate the political system to their benefit and to the detriment of everyone else. Making behavior like this a criminal offence, and enforcing the law, would go a long way toward reforming capitalism. To paraphrase Churchill, capitalism is the worst economic system there is, except for all the others.

Capitalism’s turned us into competitive human beings (which I don’t believe is good)and means we live in a system that benefits the rich and f…. the poor. Whether it’s modified or replaced, I don’t much care, as long as we can find a system that helps provide the necessities of life for everyone first. Then you can buy your Gucci dresses and blood diamonds.

Society must find a wise way to give food, shelter, education and health care to everyone. The change from capitalism to another system, needs first a big change in the way the majority thinks.

Poverty could be solved instantly if we wanted it to be- which would reduce crime, benefit the economy and be better for all concerned (oh, other than that current 1% at the top, but they’ve had their turn). I think it’s important we look beyond such things in the way that if someone says they’re anti-capitalist it must mean they’re a socialist, for instance. We base our understanding on the past and not with common sense in the present. . Feed, house, give water and energy to everyone and the world would soon change for the better. THEN you can start trying to attain whatever else your heart desires. Capitalism, in its current form, certainly doesn’t aid any of that.

Surely the genius and greatest evil of capitalism is that we all become both product and customer, consumer and consumed?

The problem cannot be blamed on shareholders, nor marketers. We must take self-responsibility.

 

To view all the comments, or better still to have YOUR say, go to: https://www.goodreads.com/poll/list/142309-underground-knowledge—a-discussion-group?type=group

Poll ends June 18 PST.

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Our Underground Knowledge discussion group is aimed at those with an interest in the world we live in and a desire to learn or to uncover “underground knowledge” on important issues of our times.

Everyone’s welcome to join! All you need is an enquiring mind. Our members include scientists, social activists, teachers, historians, authors, military and intelligence agency personnel, bankers, housewives, whistleblowers, students, former police officers, journalists, readers and many more.

Visit the group at: https://www.goodreads.com/group/show/142309-underground-knowledge—a-discussion-group

 

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capitalism

With its profits-over-people agenda, capitalism has unfortunately spawned a monster that’s now out of control.

The free enterprise concept inherent in the economic model of capitalism should mean common people, or lower and middle class wage-earners, have greater potential to rise up and gain financial independence. In reality, however, free enterprise all too often leads to an almost total lack of government regulation that in turn allows the global elite to run amuck in Gordon Gecko-style financial coups.

Even if capitalism is the best economic system in theory – which it probably is – the type of corporatocracy it leads to in the real world usually means the rich get richer while the poor get poorer. And although much good has come from capitalism – America’s phenomenal success in the 20th Century was arguably due to the free market economics its Founding Father’s encouraged – the system’s immense flaws have also become evident in recent years.

We expand on this in our book The Orphan Conspiracies: 29 Conspiracy Theories from The Orphan TrilogyHere’s an excerpt:

It’s almost as if capitalism is a robot that was originally programmed with a single instruction: Make profits by all means necessary.

banksters

Initially the profits surged in, putting food on the table for untold families, building communities and lifting living standards in numerous countries. However, the robot could not be stopped or reprogrammed, and without governments being able or willing to set boundaries the same system that once gave to the people now began to take from them. It began to lower living standards by widening the gap between rich and poor and by destroying the same communities it once built.

Unregulated capitalism began to abuse working class citizens – the very people it was designed to assist; it allowed leaders of corporations to play God while employees became workhorses for their owners. Perhaps a better description would be worker bees sacrificing their own welfare for the benefit of the royal queen bees.

Unfortunately, the advanced civilization and technological utopia that capitalism helped create is also one where most humans are treated like dogs in a dog-eat-dog world.

None of this means we are socialists or communists. Nor are we anti-progress. And no, we are not about to suddenly reveal that this whole book has been a thinly veiled disguise for our political beliefs – although no doubt some shallow thinking book reviewers may assume this. For those who have read this book in its entirety, it should be abundantly clear we are staunchly apolitical and believe that no political system canever provide a total solution.

Most of the issues we’ve raised in this book are essentially social concerns rather than economic or political ones.

Also, as filmmakers and authors, we are fully aware that we have benefited, and continue to benefit, from a capitalistic system. There is surely much good in capitalism. For example, the American Dream – the same dream that people of most other nations desire – says anyone who has ambition and a good work ethic can succeed no matter their race, gender or social class. Living up to those ideals is likely possible only in a free, democratic and capitalistic society.

Therefore, we would support a revised form of capitalism, rather than doing away with it completely. This restructured economic system would hopefully be one with more heart and social awareness while still allowing for self-made entrepreneurs to rise up and be rewarded for their efforts. Rewarding achievers is crucial as history has proven that whenever socialism or communism is implemented there’s little incentive to succeed because success is not duly rewarded.

It’s obvious something has to change in our capitalistic society as there’s far too much unnecessary suffering on the planet right now.

We have faith our book will contribute in some small way to that change and help make a dent in that awful statistic that reminds us 21,000 fellow humans die of starvation every single day. (Two people just died in the time it took you to read that brief statement).   

Read more in The Orphan Conspiracies: 29 Conspiracy Theories from The Orphan Trilogy: http://www.amazon.com/The-Orphan-Conspiracies-Conspiracy-Theories-ebook/dp/B00J4MPFT6/

A book that’s for the common people...the 99%.

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banksters-of-america

Since the Global Financial Crisis of 2007-2008, many around the world have been questioning whether there are certain figures and groups manipulating financial markets behind the scenes. This speculation intensified with the ensuing government bailouts of privately owned banking institutions ahead of the millions of citizens facing bankruptcy.

There has been a growing awareness in the masses of large-scale financial corruption by the elite – or the 1%, if you will.

The public are not stupid. What the average person lacks in specific knowledge of money markets, they make up for in spades with street smarts and life experience. And the masses have now caught on to what has been going on for decades, if not centuries, with the bankers of the world.

 

Fletcher Von Pein was one of the twelve founders of the Omega Agency. He was also a powerful banker and a majority shareholder in the US Federal Reserve which, despite its misleading name, had zero government ownership and was actually a private corporation owned by the global elite. The Orphan Factory

 

In The Orphan Factory, one of the founding members of the Omega Agency – the shadowy organization that created the orphans – is a senior banker of the US Federal Reserve, aka the Fed. We made this character choice as we believe the banking elite are some of the most powerful and influential people around. They shape the world far more than politicians do. After all, money can buy administrations. Some would even argue money can buy elections as well.

The Fed

If one day proven to be correct, the conspiracy theory surrounding the Federal Reserve is one that may explain a variety of unusual occurrences in financial markets over the years.

In a nutshell, this theory contends that the Fed is an institution that acts independent of the US Congress, has zero transparency or accountability, and even determines its own monetary policy.

 

Bankster definition: A portmanteau or blend word derived from combining “banker” and “gangster”. Usually referred to in the plural form “banksters” to refer to a predatory element within the financial industry.

 

What is a central bank?

A central bank is a financial organizationresponsible for overseeing the monetary system of a nation. It manages a country’s currency, sets interest rates and steers an economy toward inflation targets.

If a nation’s central bank is managed without corruption or interference from foreign countries, it should be a stabilizing force. In theory, a central bank can shield an economy from volatility in financial markets.

But the operative word is corruption.

Ron Paul, official Congressional photo portrait, 2007.jpg  Jesse Ventura.jpg

Senator Paul and Governor Ventura targeted the global elite.

Numerous economists and historians, and vociferous politicians like Senator Ron Paul and Governor Jesse Ventura, have opined that the global elite had been aiming to control the resources of the US for centuries. Creating an American central bank privately owned by an international banking cartel seemed to be the most efficient way to achieve this aim.

 A short history of central banking in the US

In 1791, the First Bank of the United States was set up apparently because the Government had a massive debt left over from the Revolutionary War known as the American Revolution. Many researchers say this was the earliest attempt by banking families of the global elite to create a privately-owned US central bank, masquerading as a federally-owned entity.

Although the bank had numerous opponents in the political arena, it only controlled 20% of the nation’s money supply – unlike the Fed today which manages 100% of the nation’s money supply and not a ‘penny’ less.

American Founding Father and the nation’s third President, Thomas Jefferson, was one of the most vocal critics of the First Bank of the United States. He argued the bank was unconstitutional, citing the 10th Amendment. 

Portrait of Thomas Jefferson by Rembrandt Peale.

President Jefferson (above) and the First Bank of the US he so detested (below).

firstbank

Jefferson also hinted that a central bank would lead to a monopoly instead of a free market. He said, “The existing banks will, without a doubt, enter into arrangements for lending their agency, and the more favorable, as there will be a competition among them for it; whereas the bill delivers us up bound to the national bank, who are free to refuse all arrangement, but on their own terms, and the public not free, on such refusal, to employ any other bank.”

This experiment in US banking ended in 1811 when the bank’s charter expired. Because of the institution’s many critics, Congress decided not to renew its charter.

Six years later, in 1817, the Second Bank of the United States was brought into being as major international banking families continued to push for an American central bank. This bank was also quite temporary, with President Andrew Jackson ending its existence only 15 years later.

However, the global elite’s bankers did not give up and in the early 20th Century started formulating ideas to create the US Federal Reserve System as we know it. One of the group’s breakthrough ideas came during a secretive meeting at a hunting lodge on Jekyll Island, off the coast of Georgia, when they decided not call the new bank a central bank. History had shown America did not want a central bank.

After much brainstorming, the deceptive Federal Reserve name was agreed upon – presumably because it was assumed this name would fool the public into thinking it was a government-owned bank.

Although representatives of this shadowy banking cartel were open to co-managing this new central bank with Congress, all agreed the bank’s members had to be private banks that would own all of its stock.

 

Von Pein’s family was a little known, but highly influential entity within American banking circles. Banking Royalty, some called it. His grandfather had been one of the chief orchestrators of the Federal Reserve Act of 1913, which effectively took ownership of the bank from the American people. The Orphan Factory

 

Federal Reserve Act of 1913

In 1913, the banksters finally succeeded in creating a US central bank with the passing of the Federal Reserve Act. This bill, which had already been soundly defeated several times, appears to have come to fruition only because of well-orchestrated timing: the Federal Reserve Act was slipped through a skeleton Congress on December 23, 1913 when most of the bill’s opponents had already left Congress for the holidays.

The Federal Reserve System, which was first devised in that secret meeting on Jekyll Island, was now codified by Congress and remains in effect to this day.

Fact: The Federal Reserve is the central bank of the United States, though not a part of the US Government.

Say what?

It’s not a part of the government, at all.

But it says Federal! Surely it cannot be a privately owned organization?

The Fed is not a part of the government, at all.

Critics of the Federal Reserve say its sole purpose is to strip wealth from honest, hardworking American citizens and make the world’s leading banking clans even richer.

Hylan.gif

Former NYC Mayor John Hylan…no fan of bankers.

John Hylan, Mayor of New York City from 1917 until 1925, made some extraordinary statements in a speech he delivered in 1922. What Mayor Hylan said seems to confirm a grand conspiracy was indeed devised for the American banking system by the global elite.

“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,” said Mayor Hyland. “To depart from mere generalizations, let me say that at the head of this octopus are the Rockefeller-Standard Oil interests and a small group of powerful banking houses generally referred to as the international bankers. The little coterie of powerful international bankers virtually run the United States government for their own selfish purposes. They practically control both parties, write political platforms, make catspaws of party leaders, use the leading men of private organizations, and resort to every device to place in nomination for high public office only such candidates as will be amenable to the dictates of corrupt big business.”

Only nine years after the Federal Reserve System was created, Mayor Hylan already seemed to be aware that this “invisible government” of “powerful international bankers” was controlling the US Government.

 JFK vs. the Fed

Less than six months before he was assassinated, President Kennedy had begun formulating a new Federal Reserve Act, which many say would have restored the Fed to a fully-fledged US Government bank.

John F. Kennedy, White House photo portrait, looking up.jpg

President Kennedy went after the Fed.

A little-known Presidential decree – Executive Order 11110 – was signed by Kennedy on June 4, 1963. It would have deprived the Federal Reserve of its ability to loan money to the US Government at interest. By signing the document, President Kennedy was attempting to put an end to the Fed – or at least the Fed as we know it.

Without going into the specifics of Executive Order 11110, it arguably could have stopped the US from reaching its record-level national debt.

Seven theses on the present crisis - João Bernardo

As of the time of writing, the country’s national debt is a crippling 17 trillion dollars – that’s US$17,000,000,000,000 – and has increased at approximately 2 billion per day for the last 18 months.

Instead, JFK was assassinated as we all know. But what is less known is the United States Notes the President had issued as part of the executive order – notes which were designed to replace the Federal Reserve Notes – were immediately taken out of circulation.

To this very day, the Federal Reserve Notes remain in circulation as the currency all Americans use.

And, of course, what also remained post JFK was a central bank only nominally under the Government’s control.

 

Von Pein understood the entire monetary system was a gigantic Ponzi scheme and could be tampered with accordingly. He and his Federal Reserve cronies controlled interest rates, inflation and the printing of paper money. Thanks to him, funds from the Fed could be consistently funnelled into the Omega Agency via a multitude of offshore bank accounts.The Orphan Factory

 

The Fed in the 21st Century

It has been estimated by independent researchers that eight banking families, including the Rockefeller family, own 75% to 85% of the shares in the Federal Reserve Bank. Many of the individuals in those families are also politicians. They include Republicans and Democrats, so clearly political allegiances make no difference. That’s no surprise as its almost common knowledge that the same financiers bankroll the campaigns of the two dominant parties in American politics.

   Republican Party            Democratic Party logo

Republican or Democrat…makes no difference.

Interestingly, most of the shareholders of the Fed are also members of the Bilderberg Group and/or the Council on Foreign Relations.

After more than a century of these elite banksters having their way with little opposition, there has in recent times been a groundswell of resistance against the Fed. This resistance began as a grassroots movement early in the 21st Century and has really caught on in the last few years.

Two of the main reasons for the Federal Reserve conspiracy theory reaching popular consciousness were Ron Paul’s presidential campaigns and the Occupy movement, that protest movement against economic and social inequality.

Congressman Ron Paul, a long-time critic of the Fed, said the following at the Republican GOP debate in Dearborn, Michigan, on October 9, 2007:

“What’s happening is, there’s transfer of wealth from the poor and the middle class to the wealthy. This comes about because of the monetary system that we have. When you inflate a currency or destroy a currency, the middle class gets wiped out… which is created by the Federal Reserve system benefit. So the money gravitates to the banks and to Wall Street.”

And even more to the point, in a CNBC debate with Faiz Shakir on March 20, 2008, Ron Paul was asked to explain why he believes the Federal Reserve should not exist. Paul answered as follows:

“First reason is, it’s not authorized in the Constitution, it’s an illegal institution. The second reason, it’s an immoral institution, because we have delivered to a secretive body the privilege of creating money out of thin air; if you or I did it, we’d be called counterfeiters, so why have we legalized counterfeiting? But the economic reasons are overwhelming: the Federal Reserve is the creature that destroys value. This station talks about free market capitalism, and you can’t have free market capitalism if you have a secret bank creating money and credit out of thin air. They become the central planners, they decide what interest rates should be, what the supply of money should be.”

Only a few years later, the Occupy Movement became headline news around the world after a series of dramatic protests. To paraphrase, the international protest organization’s mission statement is to rally against inequality in all forms, especially economic inequalities. The Occupy Movement also aims to make the spread of wealth more evenly distributed amongst all sectors of society.

Occupy Ballerina Poster

Occupy Wall Street struck a chord with the 99%.

View image on Twitter

2011’s Occupy Wall Street struck a chord with the masses, and the movement’s ideals spread like wildfire from there. Less than a month after the Wall Street occupation began in New York City, there were protests all across America, and even more impressively in 82 countries worldwide.

During Occupy Wall Street, End the Fed and Audit the Fed were popular slogans used by protestors, and the mainstream media reported on these. We are the 99% proved to be an even more popular Occupy slogan – so much so that it soon became a worldwide catchphrase used by charities, television advertisers and common citizens.

Primarily off the back of the awareness gained from the Occupy Wall Street movement and Ron Paul’s 2008 and 2012 presidential campaigns, campaigners’ desire that the Federal Reserve System be audited sparked nationwide interest.

In 2012, a bill inspired by this movement was passed through the House of Representatives with overwhelming bipartisan support. Called ‘Audit the Fed’, the bill was introduced into the House by Ron Paul.

However, in late 2013, Paul’s son Rand Paul launched an initiative to pass the same bill into the Senate. This debate is still ongoing as of writing, but it does not look likely to become law. Although the bill has some support in the Senate, Rand Paul currently faces stiff opposition from the likes of recently instated Federal Reserve Chair Janet Yellen and President Obama, to name but two.

Why are leaders so scared of having an audit of a supposedly federal organization?

Perhaps it’s because there has never been a true, comprehensive audit of the Federal Reserve since the institution began in 1913…

 

We have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal reserve banks. The Federal Reserve Board, a Government board, has cheated the Government of the United States out of enough money to pay the national debt. The depredations and the iniquities of the Federal Reserve Board and the Federal reserve banks acting together have cost this country enough money to pay the national debt several times over. This evil institution has impoverished and ruined the people of the United States; has bankrupted itself, and has practically bankrupted our Government. –Congressman Louis T. McFadden. 10 June, 1932

 

What do all these quotes, facts, opinions, rumors and conjecture mean regarding the financial system?

Admittedly, the points raised in this chapter simply lead to more questions than answers – that’s always the hallmark of a good conspiracy theory!

Questions such as:

Is the Federal Reserve designed to be the biggest money laundering institution in the world?

Are there really powerful groups operating behind the scenes who manipulate governments, economies, journalism and elections with effortless ease? If so, how are they able to hide their deceitful activities?

Do journalists purposefully obscure the truths surrounding the Fed in order not to upset the powers that be? Or is the average journalist simply unaware of the history of the Fed?

And finally, remember that we could be totally wrong about everything we wrote on the Federal Reserve here and in The Orphan Trilogy. In which case you should probably bank all that cash you keep under your mattress and let it start earning interest!

 

Read more in The Orphan Conspiracies: 29 Conspiracy Theories from The Orphan Trilogy – available now via Amazon at: http://www.amazon.com/The-Orphan-Conspiracies-Conspiracy-Theories-ebook/dp/B00J4MPFT6/

A book that’s for the common people.

 

Happy reading! –James & Lance

 

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