Tag Archives: World Bank

SHIT HOLE COUNTRIES AND HOW THEY GOT THAT WAY

 

President Trump sparked a firestorm when he referred to Haiti and other Third World countries as “shit holes”.   Unfortunately,  while the phrasing was certainly in poor taste, it was also quite accurate.
Not to be cute, funny, snarky, or unsympathetic to those suffering in the many shit hole countries in the world, but yes.    Indeed.   Sadly, there are many “shit hole” countries in the world where people live on less than $3.00 a day.

 

Image result for WORLD BANK POVERTY MAP

But why are they shit holes?

THE THIRD WORLD  

During the Cold War the term Third World was used to distinguish nations that were neither aligned with the Western allies  (NATO) nor with the East Communist bloc.   

Today the term is synonymous  with  any nations plagued by massive poverty, famine, lack of clean water and poor sanitation.

By definition, these countries can be described as “shit holes”.

Third World Countries:  Poverty

The world´s most impoverished countries

The least developed countries (LDCs) are a group of countries that have been identified by the UN as “least developed”.
United Nations used the following three criteria for the identification of the LDCs

1. a low-income estimate of the gross national income (GNI) per capita.

2. their weak human assets and

3. their high-degree of economic vulnerability.

There are 50 countries listed in the United Nations comparative analysis of poverty.   34-African countries, 10-Asian countries, 5- Pacific Island Nations and 1-Caribbean nation.

 List of least developed countries (LDCs)

Third World Countries:  Press Freedom

Reporters Without Borders is publishing annually an index of the countries of the world according to their respect for press freedom.

Below the list of countries, you can call them Third World of Press Freedom, the “black holes” for news where the privately-owned media is not allowed and freedom of expression does not exist. A list of countries right at the bottom of the fourth World Press Freedom Index.

# Country Region Score
147 Tunisia Northern Africa 57,50
148 Maldives South-Central Asia 58,50
149 Somalia Eastern Africa 59,00
150 Pakistan South-Central Asia 60,75
151 Bangladesh South-Central Asia 61,25
152 Belarus Eastern Europe 61,33
153 Zimbabwe Eastern Africa 64,25
154 Saudi Arabia Middle East 66,00
155 Lao PDR South-East Asia 66,50
156 Uzbekistan South-Central Asia 66,50
157 Iraq Western Asia/ Middle East 67,00
158 Vietnam South-East Asia 73,25
159 China Eastern Asia 83,00
160 Nepal South-Central Asia 86,75
161 Cuba Latin-America 87,00
162 Libya Northern Africa 88,75
163 Myanmar (Burma) South-East Asia 88,83
164 Iran South-Central Asia 89,17
165 Turkmenistan South-Central Asia 93,50
166 Eritrea Eastern Africa 99,75
167 North Korea Eastern Asia 109,00
Source: Reporters Without Borders

 Complete Country List of RSF Press Freedom Index 2005

Third World Countries: Political rights and Civil liberties

Third World countries have the most repressive regimes in the world.

Below is a list of countries with the worst records for political rights and civil liberties. Within these countries and territories, state control over daily life is pervasive and wide-ranging, independent organizations and political opposition are banned or suppressed, and fear of retribution for-independent-thought and action is part of daily life.

According to the Freedom House report Freedom in the World 2007, there are eight countries judged to have the worst records:

Burma (Myanmar), CubaLibyaNorth KoreaSomaliaSudanTurkmenistan, and Uzbekistan.
Also included are two territories, Chechnya (Russian Federation) and Tibet, whose inhabitants suffer intense repression. These states and regions received the Freedom House survey’s lowest rating: 7 for political rights and 7 for civil
liberties.

The report also includes nine more countries near the bottom of Freedom House’s list of the most repressive countries:
BelarusChinaCote d’IvoireEquatorial GuineaEritreaLaosSaudi ArabiaSyria, and Zimbabwe.
The territory of Western Sahara (most of the territory is controlled by Morocco) is also included in this group.

While these states scored slightly better than the “worst of the worst,” they offer very limited-scope for private discussion while severely suppressing opposition political activity, impeding independent organizing, and censoring or punishing criticism of the state.

(Source: Freedom House Freedom in the World 2007)

See the full report on Freedom House
See also below: Third World Countries in Terms of Press Freedom

Third World Countries:  Gross National Income (GNI)

Countries with the least gross national income based on purchasing-power-parity (PPP) per capita in int’l Dollars.

Simplified the GNI PPP is the average annual-income-earned by a citizen of a country.
That means for example, a citizen of Malawi can spend $ 1.6 a day to make a living,
a citizen of Eritrea $ 2.5, the average US citizen spends $ 114 daily.

Below countries with an average yearly income per capita and year under $ 1000,
poorest nations first.

Rank Country Region GNI per capita
1 Timor-Leste () South-East Asia *400
2 Malawi Eastern Africa 596
3 Somalia Eastern Africa *600
4 Democratic Republic of the Congo Middle Africa 675
5 Tanzania Eastern Africa 720
6 Yemen Middle East 745
7 Burundi Eastern Africa 753
8 Afghanistan Central Asia *800
9 Guinea-Bissau Western Africa 856
10 Ethiopia Eastern Africa 859
11 Niger Western Africa 896
12 Liberia Western Africa *900
13 Sierra Leone Western Africa 901
14 Madagascar Eastern Africa 911
15 Zambia Eastern Africa 911
16 Eritrea Eastern Africa 917
Sources: IMF — International Monetary Fund, World Economic Outlook Database, April 2005
(*) CIA The World Factbook (covers countries not mentioned by the IMF, information may refer to 2004 or earlier.)
Slightly different figures you will find at The World Bank Group
Full list of National Economic Accounts for Countries and Regions around the World

Third World Countries:  Human Development

The Human Development Index (HDI) is published annually by the UN.

It measures the average achievements in a country in three basic dimensions of human development:

1. Life Expectancy Index (LEI): Life expectancy at birth (in years);

2. Education Index (EI) Mean years of schooling (in years), and Expected years of schooling (in years), and

3. Income Index (II): Per capita income (PPP $).Below is the list of countries with a “Low Human Development”.

Definitions: Human Development Index (HDI): A composite index measuring average achievement in three basic dimensions of human development-a long and healthy life, knowledge and a decent standard of living.

Life expectancy at birth: Number of years a newborn infant could expect to live if prevailing patterns of age-specific mortality rates at the time of birth stay the same throughout the infant’s life.

Mean years of schooling: Average number of years of education received by people ages 25 and older, converted from education attainment levels using official durations of each level.

Expected years of schooling: Number of years of schooling that a child of school entrance age can expect to receive if prevailing patterns of age-specific enrolment rates persist throughout the child’s life.

Gross national income (GNI) per capita: Aggregate income of an economy generated by its production and its ownership of factors of production, less the incomes paid for the use of factors of production owned by the rest of the world, converted to international dollars using purchasing power parity (PPP) rates, divided by midyear population.GNI per capita rank minus HDI rank: Difference in rankings by GNI per capita and by the HDI. A negative value means that the country is better ranked by GNI than by the HDI.

Nonincome HDI: Value of the HDI computed from the life expectancy and education indicators only.


Human Development Index – Countries with Low Human Development 2011
HDI rank Country Human Development Index (HDI) Life expectancy at birth 
Mean years of schooling Expected years of schooling Gross national income (GNI) per capita GNI per capita rank minus HDI Nonincome HDI
142
Solomon Islands 0.510 67.9 4.5 9.1 1,782 10 0.567
143
Kenya 0.509 57.1 7.0 11.0 1,492 15 0.584
144
São Tomé and Príncipe 0.509 64.7 4.2 10.8 1,792 7 0.564
145
Pakistan 0.504 65.4 4.9 6.9 2,550 –7 0.526
146
Bangladesh 0.500 68.9 4.8 8.1 1,529 11 0.566
147
Timor-Leste 0.495 62.5 2.8 11.2 3,005 –14 0.499
148
Angola 0.486 51.1 4.4 9.1 4,874 –38 0.455
149
Myanmar 0.483 65.2 4.0 9.2 1,535 7 0.536
150
Cameroon 0.482 51.6 5.9 10.3 2,031 –4 0.509
151
Madagascar 0.480 66.7 5.2 10.7 824 26 0.605
152
Tanzania 0.466 58.2 5.1 9.1 1,328 10 0.523
153
Papua New Guinea 0.466 62.8 4.3 5.8 2,271 –12 0.475
154
Yemen 0.462 65.5 2.5 8.6 2,213 –11 0.471
155
Senegal 0.459 59.3 4.5 7.5 1,708 –2 0.488
156
Nigeria 0.459 51.9 5.0 8.9 2,069 –12 0.471
157
Nepal 0.458 68.8 3.2 8.8 1,160 8 0.524
158
Haiti 0.454 62.1 4.9 7.6 1,123 12 0.520
159
Mauritania 0.453 58.6 3.7 8.1 1,859 –10 0.472
160
Lesotho 0.450 48.2 5.9 9.9 1,664 –6 0.475
161
Uganda 0.446 54.1 4.7 10.8 1,124 7 0.506
162
Togo 0.435 57.1 5.3 9.6 798 16 0.526
163
Comoros 0.433 61.1 2.8 10.7 1,079 9 0.488
164
Zambia 0.430 49.0 6.5 7.9 1,254 0 0.469
165
Djibouti 0.430 57.9 3.8 5.1 2,335 –25 0.420
166
Rwanda 0.429 55.4 3.3 11.1 1,133 1 0.477
167
Benin 0.427 56.1 3.3 9.2 1,364 –6 0.456
168
Gambia 0.420 58.5 2.8 9.0 1,282 –5 0.450
169
Sudan 0.408 61.5 3.1 4.4 1,894 –21 0.402
170
Côte d’Ivoire 0.400 55.4 3.3 6.3 1,387 –10 0.412
171
Malawi 0.400 54.2 4.2 8.9 753 8 0.470
172
Afghanistan 0.398 48.7 3.3 9.1 1,416 –13 0.407
173
Zimbabwe 0.376 51.4 7.2 9.9 376 n 11 0.529
174
Ethiopia 0.363 59.3 1.5 8.5 971 0 0.383
175
Mali 0.359 51.4 2.0 8.3 1,123 –6 0.366
176
Guinea-Bissau 0.353 48.1 2.3 9.1 994 –3 0.366
177
Eritrea 0.349 61.6 3.4 4.8 536 6 0.421
178
Guinea 0.344 54.1 1.6 8.6 863 –2 0.364
179
Central African Rep. 0.343 48.4 3.5 6.6 707 2 0.379
180
Sierra Leone 0.336 47.8 2.9 7.2 737 0 0.365
181
Burkina Faso 0.331 55.4 1.3 6.3 1,141 –15 0.323
182
Liberia 0.329 56.8 3.9 11.0 265 5 0.504
183
Chad 0.328 49.6 1.5 7.2 1,105 –12 0.320
184
Mozambique 0.322 50.2 1.2 9.2 898 –9 0.325
185
Burundi 0.316 50.4 2.7 10.5 368 0 0.412
186
Niger 0.295 54.7 1.4 4.9 641 –4 0.311
187
Congo, Dem. Rep. 0.286 48.4 3.5 8.2 280 –1 0.399

Source: UN Human Development Report 2011

 Country List of Human Development Index (HDI)

 

 

WHY ARE THESE COUNTRIES SO POOR?

Mostly because of greed and corruption disguised as “Nation Building” after World War 2. 

Nation Building is globalist-speak for “collectivism.”   

These UN promoted schemes have been hoisted up by US Foreign Policy, but not geared to Nation Building and economic development of the Third World as these great expenditures were sold to US taxpayers funding it, but rather for crony corporations to profit while retarding the development of the Third World and decreasing its population

In 1974 Secretary of State Henry Kissinger issued MEMORANDUM 200, regarding the Third World.   Int he report, Kissinger stated that the number one National Security priority of the United States regarding the Third World was depopulation.

 

 

 

 

 

To this day, UN food shipments to Third World countries are stopped, or delayed if countries do not comply with mandated vaccine and population reduction protocols. 

The IMF/World Bank keep the governments of these nations funded and in perpetual debt that can never be repaid.   As a result of this arrangement, all the natural resources of the nations are plundered by the banksters to maintain food and economic aid. The FIAT money flow keeps their puppet dictators in check and the country in debt.

If things run afoul with said dictator, another bankster puppet is put in place, usually by funding and fomenting a revolution or assassination.  This is the modus operandi  of their method to maintain political power behind the scenes.  Since 1947, the muscle for these regime changes have been supplied by the CIA/Mossad/MI6.     

The hidden hand behind America has used the US Military to achieve it’s objectives, funding both sides of all conflicts and and fomenting wars ever since.

General Smedley Butler wrote openly of his personal experience with these racketeers in his 1935 booklet, WAR IS A RACKET.

The term “Banana Republic” originates from the “Banana Wars”.

The Banana Wars were the occupations, police actions, and interventions on the part of the United States in Central America and the Caribbean at  the end of the Spanish–American War in 1898.

These military interventions were most often carried out by the United States Marine Corps, which developed a manual regarding operations entitled,  The Strategy and Tactics of Small Wars (1921).

The Navy provided gunfire support and Army troops were also use n occasion to protect the US Sugar Trust during the first decades of Honduras’ history, which is marked by political turmoil and economic crisis. (Sound familiar?)

The instability led to more than 200 armed conflicts between independence and the rise to power of the Carias government, due in part to American business influence in the country.    

The ultimate goal in the acquisition of a contract was to control the process from production to distribution of  bananas. 

The companies, (namely the Vaccaro Brother’s Standard Fruit Company, the Cuyamel Fruit Company and the United Fruit Company) would finance guerrilla fighters, presidential campaigns and governments.[source] 

U.S. Marine Corps Major GeneralSmedley Butler, nick named “Maverick Marine”  saw action in Honduras in 1903.  He served in Nicaragua enforcing American policy from 1909 to 1912, was awarded the Medal of Honor for his role in Veracruz in 1914, and a second Medal of Honor for bravery in Haiti in 1915.

General Butler was a true American Hero who won two Medals of Honor.   In 1934, General Butler  exposed Wall Street’s fascist plot to overthrow the government after he was approached to lead an army of 500,000 men by Skull And Bones adept, Connecticut Senator Prescott Bush.   

Of course, there were no hearings, trials, or consequences for the banksters involved back then, or when they last crashed the economy in 2008.

In 1935, he denounced the role he had played, describing himself as “a high class muscle man for Big Business, for Wall Street and the bankers…a racketeer, a gangster for capitalism”.

The Third World is yet another crony capitalist criminal racket – from top to bottom.     From the puppet dictator of the “banana republics”, to the corrupt shakedown cop, everyone wets their beaks.    Everyone except of course, those who need it the most, the impoverished masses.

HN

ADDITIONAL /INFO/SOURCES:

Third World Countries in Terms of Poverty

Third World Countries in Terms of Press Freedom

Third World Countries in terms of Political Rights and Civil Liberties.

Third World Countries in terms of their Gross National Income (GNI)

Third World Countries in Terms of Human Development 

http://megatopten.com/facts/top-10-poorest-countries-in-the-world-2014/

http://www.dailymail.co.uk/news/article-2908963/Judges-demand-answers-children-die-controversial-cancer-vaccine-trial-India.html

https://www.reuters.com/article/us-india-health-bmgf/india-cuts-some-funding-ties-with-gates-foundation-on-immunization-idUSKBN15N13K

Please refer to my article:  http://www.HowardNema.com/Nation-Killing-How-the-New-World-Order-Rolls for more information on the IMF/World Bank Poverty Scheme.

THE NATION KILLERS

ILLEGALLY CENSORED BY YOUTUBE

Broadcast LIVE Tuesday, October 7, 2014 

We see what is happening in Venezuela in 2016.  Learn why:

 

FULL BROADCAST RE-UPLOADED TO TRUTH TALK NEWS CHANNEL 2 on August 5, 2016 below:

 


By Howard Nema
TRUTH TALK NEWS
October 2, 2014

 

(Click HERE for Link to full article)


The Nation Killers use DEBT AS A WEAPON OF MASS DESTRUCTION.

These evil, devious, heartless, cold-blooded, Luciferian psychopaths are parasites, creating FIAT currency made out of thin air.  There is no sound money.   It is a debt based credit system designed to eventually implode.

And let us not forget the Hegelian destabilization of Iraq and the U.S. long term commitment to the poppy fields and lithium mines of Afghanistan, the recent toppling of regimes like Libya and Egypt and the current targets of the New World Order nation killers, Syria and Iran.





Consider this, every dollar printed by the Federal Reserve Crime syndicate is equal to a dollar of debt plus compounded interest.   

This is of course an unsustainable model, but there are very many high profile, well paid Keynesian economists and others on the payrolls of the great Tax-Exempt Foundations, who are in league with the banks making this all happen.

These Machiavellian social controllers own the media and control education world wide via the Carnegie Endowment for Peace and the Rockefeller Foundation.    As a result, we have been propagandized and conditioned to accept many lies and collectivist schemes, including the elite’s control over the economy, designed implosions, recessions and depressions.

After each designed implosion, We the people of the world continue to have less and less while the Nation Killers gain more and more power and control.  

Debt causes hardship which leads to loss of property, despair, civil unrest and finally desperation.   And desperate people do dangerous things, my friends.  

Death to the Nation Killers.     

And death to the New World Order. 





Related links:

http://www.howardnema.com/nation-killing-how-the-new-world-order-rolls/

http://truthtalknews.blogspot.com/2014/10/secrets-of-order.html      


http://truthtalknews.blogspot.com/2014/09/henry-kissinger-worries-new-world-order-in-crisis.html

    
http://truthtalknews.blogspot.com/2014/09/skull-and-bones-cfr-and-the-quest-for-world-government.html
                                  
http://truthtalknews.blogspot.com/2014/09/kgb-defector-accurately-predicts-ideological-subversion-and-demoralization-of-Amerika.html    

http://truthtalknews.blogspot.com/2014/07/the-designed-destruction-of-america.html 


http://www.howardnema.com/nafta-the-north-american-union-and-the-crisis-at-the-border/



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KEY EXCERPTS FROM CARROLL QUIGLEY’S TRAGEDY AND HOPE (1966)

KEY EXCERPTS FROM CARROLL QUIGLEY’S TRAGEDY AND HOPE (1966)

Past is Prologue.  The Key to understanding today, and planning for the future is to look to the past – Howard Nema

“There does exist an international Anglophile network which we may identify as the Round Table Groups. I know of the operations of this network because I have studied it for twenty years and was permitted for two years, in the early 1960’s, to examine its papers and secret records.

I have no aversion to it or to most of its aims and have, for much of my life, been close to it and to many of its instruments. I have objected to a few of its policies but in general my chief difference of opinion is that it wishes to remain unknown, and I believe its role in history is significant enough to be known.”

Quote from Pg. 950 of Carroll Quigley’s Tragedy and Hope: A History In Our Time (1966)

Carroll Quigley was a Jesuit professor of history at Georgetown University from 1941 to 1976.  His writings omit the connections to the Jesuits, the Vatican and the Black Nobility by name, but their power structure is a key component of the Round Table.

Quigley also taught at Princeton and at Harvard, and lectured at the Brookings Institution. He was a frequent lecturer at the U.S. Naval Weapons Laboratory, the Foreign Service Institute, and the Naval College at Norfolk, Virginia.

In 1958, he served as a consultant to the Congressional Select Committee which set up the National Space Agency.   In 1964, he was a consultant at the Navy Post-Graduate School, Monterey, California on Project Seabed.   The project was created to visualize the status of future American weapons systems.

Key Excerpts from the book

Tragedy and Hope

A History of the World in Our Time

by Carroll Quigley, 1966

 

Chapter 5European Economic Developments

Commercial Capitalism

Western Civilization is the richest and most powerful social organization ever made by man. One reason for this success has been its economic organization, [which] has passed through six successive stages, of which at least four are called “capitalism.” Each stage created the conditions which tended to bring about the next stage.

The [first stage] of self-sufficient agrarian units (manors) was in a society organized so that its upper ranksthe lords, lay and ecclesiasticalfound their desires for necessities so well met that they sought to exchange their surpluses of necessities for luxuries of remote origin. This gave rise to a trade in foreign luxuries (spices, fine textiles, fine metals) which was the first evidence of the stage of commercial capitalism. In this second stage, mercantile profits and widening markets created a demand for textiles and other goods which could be met only by application of power to production.

This gave the third stage: industrial capitalism. The stage of industrial capitalism soon gave rise to such an insatiable demand for heavy fixed capital, like railroad lines, steel mills, shipyards, and so on, that these investments could not be financed from the profits and private fortunes of individual proprietors. New instruments for financing industry came into existence in the form of limited-liability corporations and investment banks. These were soon in a position to control the chief parts of the industrial system, since they provided capital to it.

This gave rise to financial capitalism. The control of financial capitalism was used to integrate the industrial system into ever-larger units with interlinking financial controls. This made possible a reduction of competition with a resulting increase in profits. As a result, the industrial system soon found that it was again able to finance its own expansion from its own profits, and, with this achievement, financial controls were weakened, and the stage of monopoly capitalism arrived.

In this fifth stage, great industrial units, working together either directly or through cartels and trade associations, were in a position to exploit the majority of the people. The result was a great economic crisis which soon developed into a struggle for control of the statethe minority hoping to use political power to defend their privileged position, the majority hoping to use the state to curtail the power and privileges of the minority. This dualist struggle dwindled with the rise of economic and social pluralism after 1945.

 

The Operations of Banking Were Concealed So They Appeared Difficult to Master

In sum, specialization of economic activities, by breaking up the economic process, had made it possible for people to concentrate on one portion of the process and, by maximizing that portion, to jeopardize the rest. The process was not only broken up into producers, exchangers, and consumers but there were also two kinds of exchangers (one concerned with goods, the other with money), with almost antithetical, short-term, aims. The problems which inevitably arose could be solved and the system reformed only by reference to the system as a whole.

Unfortunately, however, three parts of the system, concerned with the production, transfer, and consumption of goods, were concrete and clearly visible so that almost anyone could grasp them simply by examining them, while the operations of banking and finance were concealed, scattered, and abstract so that they appeared to many to be difficult. To add to this, bankers themselves did everything they could to make their activities more secret and more esoteric. Their activities were reflected in mysterious marks in ledgers which were never opened to the curious outsider.

In the course of time the central fact of the developing economic system, the relationship between goods and money, became clear, at least to bankers. This relationship, the price system, depended upon five things: the supply and the demand for goods, the supply and the demand for money, and the speed of exchange between money and goods.

An increase in three of these (demand for goods, supply of money, speed of circulation) would move the prices of goods up and the value of money down. This inflation was objectionable to bankers, although desirable to producers and merchants. On the other hand, a decrease in the same three items would be deflationary and would please bankers, worry producers and merchants, and delight consumers (who obtained more goods for less money). The other factors worked in the opposite direction, so that an increase in them (supply of goods, demand for money, and slowness of circulation or exchange) would be deflationary [and vice versa].

Such changes of prices, either inflationary or deflationary, have been major forces in history for the last six centuries at least. Over that long period, their power to modify men’s lives and human history has been increasing.

 

Bankers Obsessed With Maintaining Value of Money

Rising prices benefit debtors and injure creditors, while falling prices do the opposite. A debtor called upon to pay a debt at a time when prices are higher than when he contracted the debt must yield up less goods and services than he obtained at the earlier date, on a lower price level when he borrowed the money. A creditor, such as a bank, which has lent moneyequivalent to a certain quantity of goods and serviceson one price level, gets back the same amount of moneybut a smaller quantity of goods and serviceswhen repayment comes at a higher price level, because the money repaid is then less valuable.

This is why bankers, as creditors in money terms, have been obsessed with maintaining the value of money, although the reason they have traditionally given for this obsessionthat “sound money” maintains “business confidence”has been propagandist rather than accurate.

Hundreds of years ago, bankers began to specialize, with the richer and more influential ones associated increasingly with foreign trade and foreign-exchange transactions. Since these were richer and more cosmopolitan and increasingly concerned with questions of political significance, such as stability and debasement of currencies, war and peace, dynastic marriages, and worldwide trading monopolies, they became the financiers and financial advisers of governments.

Moreover, since their relationships with governments were always in monetary terms and not real terms, and since they were always obsessed with the stability of monetary exchanges between one country’s money and another, they used their power and influence to do two things: (1) to get all money and debts expressed in terms of a strictly limited commodityultimately gold; and (2) to get all monetary matters out of the control of governments and political authority, on the ground that they would be handled better by private banking interests.

 

Bankers Create Money Out of Nothing

For generations men had sought to avoid the one drawback of gold, its heaviness, by using pieces of paper to represent specific pieces of gold. We call such pieces of paper gold certificates. Such a certificate entitles its bearer to exchange it for its piece of gold on demand, but in view of the convenience of paper, only a small fraction of certificate holders ever did make such demands.

It early became clear that gold need be held on hand only to the amount needed to cover the fraction of certificates likely to be presented for payment; accordingly, the rest of the gold could be used for business purposes, or, what amounts to the same thing, a volume of certificates could be issued greater than the volume of gold reserved for payment of demands against them. Such an excess volume of paper claims against reserves we now call bank notes.

In effect, this creation of paper claims greater than the reserves available means that bankers were creating money out of nothing. The same thing could be done in another way, not by note-issuing banks but by deposit banks. Deposit bankers discovered that orders and checks drawn against deposits by depositors and given to third persons were often not cashed by the latter but were deposited to their own accounts. Thus there were no actual movements of funds, and payments were made simply by bookkeeping transactions on the accounts.

Accordingly, it was necessary for the banker to keep on hand in actual money … no more than the fraction of deposits likely to be drawn upon and cashed; the rest could be used for loans, and if these loans were made by creating a deposit for the borrower, who in turn would draw checks upon it rather than withdraw it in money, such “created deposits” or loans could also be covered adequately by retaining reserves to only a fraction of their value.

 

The Dynasties of International Bankers

The merchant bankers of London … brought into their financial network the provincial banking centers, organized as commercial banks and savings banks, as well as insurance companies, to form all of these into a single financial system on an international scale which manipulated the quantity and flow of money so that they were able to influence, if not control, governments on one side and industries on the other.

The men who did this, looking backward toward the period of dynastic monarchy in which they had their own roots, aspired to establish dynasties of international bankers and were at least as successful at this as were many of the dynastic political rulers. The greatest of these dynasties, of course, were the descendants of Meyer Amschel Rothschild (1743-1812) of Frankfort, whose male descendants, for at least two generations, generally married first cousins or even nieces.

In concentrating, as we must, on the financial or economic activities of international bankers, we must not totally ignore their other attributes. They were, especially in later generations, cosmopolitan rather than nationalistic. They were usually highly civilized, cultured gentlemen, patrons of education and of the arts, so that today colleges, professorships, opera companies, symphonies, libraries, and museum collections still reflect their munificence. For these purposes they set a pattern of endowed foundations which still surround us today.

 

Bankers Felt Politicians Could Not Be Trusted With the Monetary System

The influence of financial capitalism and of the international bankers who created it was exercised both on business and on governments, but could have done neither if it had not been able to persuade both these to accept two “axioms” of its own ideology. Both of these were based on the assumption that politicians were too weak and too subject to temporary popular pressures to be trusted with control of the money system; accordingly, the sanctity of all values and the soundness of money must be protected in two ways: by basing the value of money on gold and by allowing bankers to control the supply of money. To do this it was necessary to conceal, or even to mislead, both governments and people about the nature of money and its methods of operation.

In most countries the central bank was surrounded closely by the almost invisible private investment banking firms. These, like the planet Mercury, could hardly be seen in the dazzle emitted by the central bank which they, in fact, often dominated. Yet a close observer could hardly fail to notice the close private associations between these private, international bankers and the central bank itself.

Two of the five factors which determined the value of money are the supply and the demand for money. The supply of money in a single country was subject to no centralized, responsible control in most countries over recent centuries. Instead, there were a variety of controls of which some could be influenced by bankers, some could be influenced by the government, and some could hardly be influenced by either.

Central banks can usually vary the amount of money in circulation by “open market operations” or by influencing the discount rates of lesser banks. In open market operations, a central bank buys or sells government bonds in the open market. If it buys, it releases money into the economic system; if it sells it reduces the amount of money in the community. The change is greater than the price paid for the securities [due to the fractional reserve system].

Central banks can also change the quantity of money by influencing the credit policies of other banks. This can be done by various methods, such as changing the re-discount rate or changing reserve requirements. By changing the re-discount rate, we mean the interest rate which central banks charge lesser banks for loans. By raising the re-discount rate the central bank forces the lesser bank to raise its discount rate in order to operate at a profit; such a raise in interest rates tends to reduce the demand for credit and thus the amount of deposits (money). Lowering the re-discount rate permits an opposite result.

The powers of governments over the quantity of money are of various kinds, and include (a) control over a central bank, (b) control over public taxation, and (c) control over public spending. The control of governments over central banks varies greatly from one country to another, but on the whole has been increasing. Since most central banks have been (technically) private institutions, this control is frequently based on custom rather than on law.

The powers of the government over the quantity of money in the community exercised through taxation and public spending are largely independent of banking control. Taxation tends to reduce the amount of money in a community and is usually a deflationary force; government spending tends to increase the amount of money in a community and is usually an inflationary force. The total effects of a government’s policy will depend on which item is greater. An unbalanced budget will be inflationary; a budget with a surplus will be deflationary.

 

Money PowerControlled by International Investment BankersDominates Business and Government

On the whole, in the period up to 1931, bankers, especially the Money Power controlled by the international investment bankers, were able to dominate both business and government. They could dominate business, especially in activities and in areas where industry could not finance its own needs for capital, because investment bankers had the ability to supply or refuse to supply such capital. Thus, Rothschild interests came to dominate many of the railroads of Europe, while Morgan dominated at least 26,000 miles of American railroads.

Such bankers went further than this. In return for flotations of securities of industry, they took seats on the boards of directors of industrial firms, as they had already done on commercial banks, savings banks, insurance firms, and finance companies. From these lesser institutions they funneled capital to enterprises which yielded control and away from those who resisted. These firms were controlled through interlocking directorships, holding companies, and lesser banks. They engineered amalgamations and generally reduced competition, until by the early twentieth century many activities were so monopolized that they could raise their noncompetitive prices above costs to obtain sufficient profits to become self-financing.

But before that stage was reached a relatively small number of bankers were in positions of immense influence in European and American economic life. As early as 1909, Walter Rathenau, who was in a position to know (since he had inherited from his father control of the German General Electric Company and held scores of directorships himself), said, “Three hundred men, all of whom know one another, direct the economic destiny of Europe and choose their successors from among themselves.”

 

The Power of Investment Bankers Over Governments

The power of investment bankers over governments rests on a number of factors, of which the most significant, perhaps, is the need of governments to issue short-term treasury bills as well as long-term government bonds. Just as businessmen go to commercial banks for current capital advances to smooth over the discrepancies between their irregular and intermittent incomes and their periodic and persistent outgoes, so a government has to go to merchant bankers (or institutions controlled by them) to tide over the shallow places caused by irregular tax receipts.

As experts in government bonds, the international bankers not only handled the necessary advances, but provided advice to government officials and, on many occasions, placed their own members in official posts for varied periods to deal with special problems. This is so widely accepted even today that in 1961 a Republican investment banker became Secretary of the Treasury in a Democratic Administration in Washington without significant comment from any direction.

Naturally, the influence of bankers over governments during the age of financial capitalism (roughly 1850-1931) was not something about which anyone talked freely, but it has been admitted frequently enough by those on the inside, especially in England. In 1852 Gladstone, chancellor of the Exchequer, declared, “The hinge of the whole situation was this: the government itself was not to be a substantive power in matters of Finance, but was to leave the Money Power supreme and unquestioned.” On September 26, 1921, The Financial Times wrote, “Half a dozen men at the top of the Big Five Banks could upset the whole fabric of government finance by refraining from renewing Treasury Bills.”

 

Montagu Norman and J. P. Morgan Dominate the Financial World

In addition to their power over government based on government financing and personal influence, bankers could steer governments in ways they wished them to go by other pressures.   Since most government officials felt ignorant of finance, they sought advice from bankers whom they considered to be experts in the field. The history of the last century shows, as we shall see later, that the advice given to governments by bankers, like the advice they gave to industrialists, was consistently good for bankers, but was often disastrous for governments, businessmen, and the people generally.

Such advice could be enforced if necessary by manipulation of exchanges, gold flows, discount rates, and even levels of business activity. The powers of these international bankers reached their peak in the last decade of their supremacy, 1919-1931, when Montagu Norman and J. P. Morgan dominated not only the financial world but international relations and other matters as well.

On November 11, 1927, the Wall Street Journal called Mr. Norman “the currency dictator of Europe.” This was admitted by Mr. Norman himself before the Court of the Bank on March 21, 1930, and before the Macmillan Committee of the House of Commons five days later. On one occasion … Mr. Norman is reported to have said, “I hold the hegemony of the world.” It might be added that Governor Norman rarely acted in major world problems without consulting with J. P. Morgan’s representatives.

 

Chapter 9The British Imperial Crisis

Britain acquired the world’s greatest empire because it possessed certain advantages which other countries lacked. We mention three of these advantages: (1) that it was an island, (2) that it was in the Atlantic, and (3) that its social traditions at home produced the will and the talents for imperial acquisition.

 

Cecil Rhodes Organized a Secret Society in 1891

[Cecil] Rhodes (1853-1902) feverishly exploited the diamond and goldfields of South Africa, rose to be prime minister of the Cape Colony (1890-1896), contributed money to political parties, controlled parliamentary seats both in England and in South Africa, and sought to win a strip of British territory across Africa from the Cape of Good Hope to Egypt and to join these two extremes together with a telegraph line and ultimately with a Cape-to-Cairo Railway.

Rhodes inspired devoted support for his goals from others in South Africa and in England. With financial support from Lord Rothschild and Alfred Beit, he was able to monopolize the diamond mines of South Africa as De Beers Consolidated Mines and to build up a great gold mining enterprise as Consolidated Gold Fields. In the middle 1890’s Rhodes had a personal income of at least a million pounds sterling a year [equivalent to about $100 million a year in current U.S. dollars] which was spent so freely for his mysterious purposes that he was usually overdrawn on his account.

[An] association was formally established on February 5, 1891, when Rhodes and [William] Stead organized a secret society of which Rhodes had been dreaming for sixteen years. In this secret society Rhodes was to be leader; Stead, Brett, and Milner were to form an executive committee; Arthur (Lord) Balfour, (Sir) Harry Johnston, Lord Rothschild, Albert (Lord) Grey, and others were listed as potential members of a “Circle of Initiates”; while there was to be an outer circle known as the “Association of Helpers” (later organized by Milner as the Round Table organization).

In 1919 [Rhodes’ followers] founded the Royal Institute of International Affairs (Chatham House) for which the chief financial supporters were Sir Abe Bailey and the Astor family (owners of The Times). Similar Institutes of International Affairs were established in the chief British dominions and in the United States (where it is known as the Council on Foreign Relations) in the period 1919-1927. The power and influence of this Rhodes-Milner group in British imperial affairs and in foreign policy since 1889, although not widely recognized, can hardly be exaggerated. We might mention as an example that this group dominated The Times from 1890 to 1912, and has controlled it completely since 1912 (except for the years 1919-1922).

In spite of the terms of the Rhodes wills, Rhodes himself was not a racist. Nor was he a political democrat. He worked as easily and as closely with Jews, black natives, or Boers as he did with English. His greatest weakness rested on the fact that his passionate attachment to his goals made him overly tolerant in regard to methods. He did not hesitate to use either bribery or force to attain his ends if he judged they would be effective.

 

Chapter 20The Period of Stabilization, 1922-1930

America Becomes the World’s Greatest Creditor

By 1914 Britain’s supremacy as financial center, as commercial market, as creditor, and as merchant shipper was being threatened. At this critical stage in Britain’s development, the World War occurred. This had a double result as far as this subject is concerned. It forced Britain to postpone indefinitely any reform of her industrial system to adjust it to more modern trends; and it speeded up the development of these trends so that what might have occurred in twenty years was done instead in five.

The war changed the position of the United States in respect to the rest of the world from that of a debtor owing about $3 billion to that of a creditor owed $4 billion. This does not include intergovernmental debts of about $10 billion owed to the United States as a result of the war. At the same time, Britain’s position changed from a creditor owed about $18 billion to a creditor owed about $13.5 billion. In addition, Britain was owed about $8 billion in war debts from her Allies … and owed to the United States war debts of well over $54 billion. Most of these war debts and reparations were sharply reduced after 1920, but the net result for Britain was a drastic change in her position in respect to the United States.

The basic economic organization of the world was modified in other ways. The more backward areas of Europe and the world had been industrialized to a great degree and were unwilling to fall back to a position in which they would obtain industrial products from Britain, Germany, or the United States in return for their raw materials and food. This refusal was made more painful for both sides by the fact that these backward areas had increased their outputs of raw materials and food so greatly that the total could hardly have been sold even if they had been willing to buy all their industrial products from their prewar sources.

The result was a situation where all countries were eager to sell and reluctant to buy, and sought to achieve these mutually irreconcilable ends by setting up subsidies and bounties on exports, tariffs, and restrictions on imports, with disastrous results on world trade.

The only sensible solution to this problem of excessive productive capacity would have been a substantial rise in domestic standards of living, but this would have required a fundamental reapportionment of the national income so that claims to the product of the excess capacity would go to those masses eager to consume, rather than continue to go to the minority desiring to save. Such a reform was rejected by the ruling groups in both “advanced” and “backward” countries, so that this solution was reached only to a relatively small degree in a relatively few countries.

The system of international payments which had worked … before 1914 worked only haltingly after that date, and practically ceased to work at all after 1930. The chief cause of these factors was that neither goods nor money obeyed purely economic forces and did not move as formerly to the areas in which each was most valuable. The chief result was a complete mal-distribution of gold, a condition which became acute after 1928 and which by 1933 had forced most countries off the gold standard.

 

Money Power Seeks to Create a World System of Financial Control in Private Hands Able to Dominate Every Nation on Earth

Pg. 324: the powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole.

This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences.

The apex of the system was to be the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations.

Each central bank, in the hands of men like Montagu Norman of the Bank of England, Benjamin Strong of the New York Federal Reserve Bank, Charles Rist of the Bank of France, and Hjalmar Schacht of the Reichsbank, sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world.

Pg. 326: Norman (Montagu) had a devoted colleague in Benjamin Strong, the first governor of the Federal Reserve Bank of New York. Strong owed his career to the favor of the Morgan Bank, especially of Henry P. Davison, who made him secretary of the Bankers Trust Company of New York (in succession to Thomas W. Lamont) in 1904, used him as Morgan’s agent in the banking rearrangements following the crash of 1907, and made him vice-president of the Bankers Trust (still in succession to Lamont) in 1909.

He became governor of the Federal Reserve Bank of New York as the joint nominee of Morgan and of Kuhn, Loeb, and Company in 1914. Two years later, Strong met Norman for the first time, and they at once made an agreement to work in cooperation for the financial practices they both revered.

In the 1920’s, they were determined to use the financial power of Britain and of the United States to force all the major countries of the world to go on the gold standard and to operate it through central banks free from all political control, with all questions of international finance to be settled by agreements by such central banks without interference from governments.

Pg. 326-327: 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).

 

Norman Was the Commander-in-Chief of the World System of Banking Control

The commander in chief of the world system of banking control was Montagu Norman, Governor of the Bank of England, who was built up by the private bankers to a position where he was regarded as an oracle in all matters of government and business.

In January, 1924, Reginald McKenna, who had been chancellor of the Exchequer in 1915-1916, as chairman of the board of the Midland Bank told its stockholders:

“I am afraid the ordinary citizen will not like to be told that the banks can, and do, create money…. And they who control the credit of the nation direct the policy of Governments and hold in the hollow of their hands the destiny of the people.”

Montagu Norman’s position may be gathered from the fact that his predecessors in the governorship, almost a hundred of them, had served two-year terms, increased rarely in time of crisis. But Norman held the position for twenty-four years (1920-1944).

Norman was a strange man whose mental outlook was one of successfully suppressed hysteria or even paranoia. He had no use for governments and feared democracy. Both of these seemed to him to be threats to private banking. Strong-willed, tireless, and ruthless, he viewed his life as a kind of cloak-and-dagger struggle with the forces of … [sound] money.

Norman had a devoted colleague in Benjamin Strong, the first governor of the Federal Reserve Bank of New York.  Strong owed his career to the favor of the Morgan Bank. He became governor of the Federal Reserve Bank of New York as the joint nominee of Morgan and of Kuhn, Loeb, and Company in 1914.

Two years later, Strong met Norman for the first time, and they at once made an agreement to work in cooperation for the financial practices they both revered.

In the 1920’s, they were determined to use the financial power of Britain and of the United States to force all the major countries of the world to go on the gold standard and to operate it through central banks free from all political control, with all questions of international finance to be settled by agreements by such central banks without interference from governments.

Norman and Strong Were Mere Agents of the Powerful Bankers Who Remained Behind the Scenes and Operated in Secret

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 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 … government loans and the play of the international exchanges.

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). The growth of financial capitalism made possible a centralization of world economic control and a use of this power for the direct benefit of financiers and the indirect injury of all other economic groups.

 

Money Power Creates an Ingenious Plan to Create and Control Giant Monopolies

[Financial capitalists eventually] sought to sever control from ownership of securities, believing they could hold the former and relinquish the latter. On the industrial side, they sought to advance monopoly and restrict production, thus keeping prices up and their security holdings liquid.

The efforts of financiers to separate ownership from control were aided by the great capital demands of modern industry. Such demands for capital made necessary the corporation form of business organization. This inevitably brings together the capital owned by a large number of persons to create an enterprise controlled by a small number of persons. The financiers did all they could to make the former number as large as possible and the latter number as small as possible. The result of this was that larger and larger aggregates of wealth fell into the control of smaller and smaller groups of men.

While financial capitalism was thus weaving the intricate pattern of modern corporation law and practice on one side, it was establishing monopolies and cartels on the other. Both helped to dig the grave of financial capitalism and pass the reins of economic control on to the newer monopoly capitalism. On one side, the financiers freed the controllers of business from the owners of business, but on the other side, this concentration gave rise to monopoly conditions which freed the controllers from the banks.

Pg. 48-49: In effect, this creation of paper claims greater than the reserves available means that bankers were creating money out of nothing. The same thing could be done in another way, not by note-issuing banks but by deposit banks. Deposit bankers discovered that orders and checks drawn against deposits by depositors and given to third persons were often not cashed by the latter but were deposited to their own accounts.

Thus there were no actual movements of funds, and payments were made simply by bookkeeping transactions on the accounts. Accordingly, it was necessary for the banker to keep on hand in actual money (gold, certificates, and notes) no more than the fraction of deposits likely to be drawn upon and cashed; the rest could be used for loans, and if these loans were made by creating a deposit for the borrower, who in turn would draw checks upon it rather than withdraw it in money, such “created deposits” or loans could also be covered adequately by retaining reserves to only a fraction of their value.

Such created deposits also were a creation of money out of nothing, although bankers usually refused to express their actions, either note issuing or deposit lending, in these terms. William Paterson, however, on obtaining the charter of the Bank of England in 1694, to use the moneys he had won in privateering, said, “The Bank hath benefit of interest on all moneys which it creates out of nothing.” This was repeated by Sir Edward Holden, founder of the Midland Bank, on December 18, 1907, and is, of course, generally admitted today.

Pg. 51: The merchant bankers of London had already at hand in 1810-1850 the Stock Exchange, the Bank of England, and the London money market when the needs of advancing industrialism called all of these into the industrial world which they had hitherto ignored.

In time they brought into their financial network the provincial banking centers, organized as commercial banks and savings banks, as well as insurance companies, to form all of these into a single financial system on an international scale which manipulated the quantity and flow of money so that they were able to influence, if not control, governments on one side and industries on the other.

The men who did this, looking backward toward the period of dynastic monarchy in which they had their own roots, aspired to establish dynasties of international bankers and were at least as successful at this as were many of the dynastic political rulers.

The greatest of these dynasties, of course, were the descendants of Meyer Amschel Rothschild (1743-1812) of Frankfort, whose male descendants, for at least two generations, generally married first cousins or even nieces. Rothschild’s five sons, established at branches in Vienna, London, Naples, and Paris, as well as Frankfort, cooperated together in ways which other international banking dynasties copied but rarely excelled.

Pg. 52: The names of some of these banking families are familiar to all of us and should be more so. They include Raring, Lazard, Erlanger, Warburg, Schroder, Seligman, the Speyers, Mirabaud, Mallet, Fould, and above all Rothschild and Morgan. Even after these banking families became fully involved in domestic industry by the emergence of financial capitalism, they remained different from ordinary bankers in distinctive ways:

(1) they were cosmopolitan and international; (2) they were close to governments and were particularly concerned with questions of government debts, including foreign government debts, even in areas which seemed, at first glance, poor risks, like Egypt, Persia, Ottoman Turkey, Imperial China, and Latin America; (3) their interests were almost exclusively in bonds and very rarely in goods, since they admired “liquidity” and regarded commitments in commodities or even real estate as the first step toward bankruptcy; (4) they were, accordingly, fanatical devotees of deflation (which they called “sound” money from its close associations with high interest rates and a high value of money) and of the gold standard, which, in their eyes, symbolized and ensured these values; and (5) they were almost equally devoted to secrecy and the secret use of financial influence in political life.

Pg. 53: The influence of financial capitalism and of the international bankers who created it was exercised both on business and on governments, but could have done neither if it had not been able to persuade both these to accept two “axioms” of its own ideology. Both of these were based on the assumption that politicians were too weak and too subject to temporary popular pressures to be trusted with control of the money system; accordingly, the sanctity of all values and the soundness of money must be protected in two ways: by basing the value of money on gold and by allowing bankers to control the supply of money. To do this it was necessary to conceal, or even to mislead, both governments and people about the nature of money and its methods of operation.

Pg. 62: In addition to their power over government based on government financing and personal influence, bankers could steer governments in ways they wished them to go by other pressures. Since most government officials felt ignorant of finance, they sought advice from bankers whom they considered to be experts in the field. The history of the last century shows, as we shall see later, that the advice given to governments by bankers, like the advice they gave to industrialists, was consistently good for bankers, but was often disastrous for governments, businessmen, and the people generally. Such advice could be enforced if necessary by manipulation of exchanges, gold flows, discount rates, and even levels of business activity.

Thus Morgan dominated Cleveland’s second administration by gold withdrawals, and in 1936-1938 French foreign exchange manipulators paralyzed the Popular Front governments. As we shall see, the powers of these international bankers reached their peak in the last decade of their supremacy, 1919-1931, when Montagu Norman and J. P. Morgan dominated not only the financial world but international relations and other matters as well. On November I l, 1927, the Wall Street Journal called Mr. Norman “the currency dictator of Europe.”

This was admitted by Mr. Norman himself before the Court of the Bank on March Zl, 1930, and before the Macmillan Committee of the House of Commons five days later. On one occasion, just before international financial capitalism ran, at full speed, on the rocks which sank it, Mr. Norman is reported to have said, “I hold the hegemony of the world.”

Pg. 936-937: Behind this unfortunate situation lies another, more profound, relationship, which influences matters much broader than Far Eastern policy. It involves the organization of tax-exempt fortunes of international financiers into foundations to be used for educational, scientific, “and other public purposes.” Sixty or more years ago, public life in the West was dominated by the influence of “Wall Street.”

This term has nothing to do with its use by the Communists to mean monopolistic industrialism, but, on the contrary, refers to international financial capitalism deeply involved in the gold standard, foreign-exchange fluctuations, floating of fixed-interest securities and, to a lesser extent, flotation of industrial shares for stock-exchange markets.

This group, which in the United States, was completely dominated by J. P. Morgan and Company from the 1880’s to the 1930’s was cosmopolitan, Anglophile, internationalist, Ivy League, eastern seaboard, high Episcopalian, and European-culture conscious. Their connection with the Ivy League colleges rested on the fact that the large endowments of these institutions required constant consultation with the financiers of Wall Street (or its lesser branches on State Street, Boston, and elsewhere) and was reflected in the fact that these endowments, even in 1930, were largely in bonds rather than in real estate or common stocks. As a consequence of these influences, as late as the 1930’s, J. P. Morgan and his associates were the most significant figures in policy making at Harvard, Columbia, and to a lesser extent Yale, while the Whitneys were significant at Yale, and the Prudential Insurance Company (through Edward D. Duffield) dominated Princeton.

Pg. 937: The names of these Wall Street luminaries still adorn these Ivy League campuses, with Harkness colleges and a Payne Whitney gymnasium at Yale, a Pyne dormitory at Princeton, a Dillon Field House and Lamont Library at Harvard. The chief officials of these universities were beholden to these financial powers and usually owed their jobs to them. Morgan himself helped make Nicholas Murray Butler president of Columbia; his chief Boston agent, Thomas Nelson Perkins of the First National Bank of that city, gave Conant his boost from the chemical laboratory to University Hall at Harvard; Duffield of Prudential, caught unprepared when the incumbent president of Princeton was killed in an automobile in 1932, made himself president for a year before he chose Harold Dodds for the post in 1933. At Yale, Thomas Lamont, managing partner of the Morgan firm, was able to swing Charles Seymour into the presidency of that university in 1937.

The significant influence of “Wall Street” (meaning Morgan) both in the Ivy League and in Washington, in the period of sixty or more years following 1880, explains the constant interchange between the Ivy League and the Federal government, an interchange which undoubtedly aroused a good deal of resentment in less-favored circles, who were more than satiated with the accents, tweeds, and High Episcopal Anglophilia of these peoples

Pg. 938: Because of its dominant position in Wall Street, the Morgan firm came also to dominate other Wal1 Street powers, such as Carnegie, Whitney, Vanderbilt, Brown-Harriman, or Dillon-Reed. Close alliances were made with Rockefeller, Mellon, and Duke interests but not nearly so intimate ones with the great industrial powers like du Pont and Ford. [Because] … of the great influence of this “Wall Street” alignment, an influence great enough to merit the name of the “American Establishment,” this group could … control the Federal government and, in consequence, had to adjust to a good many government actions … [which they had secretly supported ]. The chief of these were in taxation law, beginning with the graduated income tax in 1913, but culminating, above all else, in the inheritance tax. These tax laws drove the great private fortunes dominated by Wall Street into tax-exempt foundations, which became a major link in the Establishment network between Wall Street, the Ivy League, and the Federal government.

More than fifty years ago the Morgan firm decided to infiltrate the Left-wing political movements in the United States. This was relatively easy to do, since these groups were starved for funds and eager for a voice to reach the people. Wall Street supplied both. The purpose was not to destroy … or take over but was really threefold: (1) to keep informed about the thinking of Left-wing or liberal groups; (2) to provide them with a mouthpiece so that they could “blow off steam,” and (3) to have a final veto on their publicity and possibly on their actions, if they ever went “radical.” There was nothing really new about this decision, since other financiers had talked about it and even attempted it earlier.

Pg. 939: The New Republic was founded by Willard and Dorothy Straight, using her money, in 1914, and continued to be supported by her financial contributions until March 23, 1953. The original purpose for establishing the paper was to provide an outlet for the progressive Left and to guide it quietly in an Anglophile direction. This latter task was entrusted to a young man, only four years out of Harvard, but already a member of the mysterious Round Table group, which has played a major role in directing England’s foreign policy since its formal establishment in 1909.

This new recruit, Walter Lippmann, has been, from 1914 to the present, the authentic spokesman in American journalism for the Establishments on both sides of the Atlantic in international affairs.

Chapter 65American Confusions, 1945-1950

There does exist, and has existed for a generation, an international Anglophile network. I know of the operations of this network because I have studied it for twenty years and was permitted for two years, in the early 1960’s, to examine its papers and secret records. I have no aversion to it or to most of its aims and have, for much of my life, been close to it and to many of its instruments. I have objected, both in the past and recently, to a few of its policies … but in general my chief difference of opinion is that it wishes to remain unknown, and I believe its role in history is significant enough to be known.

Chapter 77Conclusion

The hope of the twentieth century rests on its recognition that war and depression are man-made and needless. They can be avoided in the future by turning from … nineteenth-century characteristics … and going back to other characteristics that our Western society has always regarded as virtues: generosity, compassion, cooperation, rationality, and foresight, and finding an increased role in human life for love, spirituality, charity, and self-discipline.

LINK TO FULL PDF OF TRAGEDY AND HOPE

 

In the end all we have is memories.

What will our memories of today be tomorrow?

Some things to think on until next time.

 

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‘One basic truth can be used as a foundation for a mountain of lies, and if we dig down deep enough in the mountain of lies, and bring out that truth, to set it on top of the mountain of lies; the entire mountain of lies will crumble under the weight of that one truth, and there is nothing more devastating to a structure of lies than the revelation of the truth upon which the structure of lies was built, because the shock waves of the revelation of the truth reverberate, and continue to reverberate throughout the Earth for generations to follow, awakening even those people who had no desire to be awakened to the truth.’ Delamer Duverus

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FAIR USE NOTICE: Some content displayed on this video/site may contain copyrighted material the use of which has not been specifically authorized by the copyright owner. This material has been made available in our efforts to advance understanding political, human rights, economic, democracy, scientific, and social justice issues, etc. constituting a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, all the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes

 

 

 

SILENT WEAPONS FOR SECRET SOCIETIES

 

LINKS AND RELATED INFORMATION:

http://www.businessinsider.com/the-50-most-violent-cities-in-the-world-2015-1

http://www.howardnema.com/2014/10/07/nation-killing-how-the-new-world-order-rolls/

http://www.hourofthetime.com/wordpresstest/behold-a-pale-horse-by-william-cooper/

https://www.youtube.com/watch?v=AjZYB4Ocwg4

http://www.howardnema.com/2015/08/25/silent-weapons-for-quiet-wars-tw-sw7905-1/

Lucifer is GOD declared by Pope Francis | Video

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It is critical that you take the initiative to confirm the information contained in this presentation.

Find your own truth.

There is only one truth.

Seek and you will find it.

http://www.youtube.com/TruthTalkNews

http://www.TruthTalkNews.blogspot.com

http://www.youtube.com/TruthTalkNewsLIVE

‘One basic truth can be used as a foundation for a mountain of lies, and if we dig down deep enough in the mountain of lies, and bring out that truth, to set it on top of the mountain of lies; the entire mountain of lies will crumble under the weight of that one truth, and there is nothing more devastating to a structure of lies than the revelation of the truth upon which the structure of lies was built, because the shock waves of the revelation of the truth reverberate, and continue to reverberate throughout the Earth for generations to follow, awakening even those people who had no desire to be awakened to the truth.’  Delamer Duverus

If you seek truth and want to help restore Our Constitutional Republic please subscribe and share the valuable information contained on this site. Thank you for your continued support.

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TRUTH TALK NEWS and HowardNema.com are free and independent of any network, group or association.

FAIR USE NOTICE: Some content displayed on this video/site may contain copyrighted material the use of which has not been specifically authorized by the copyright owner. This material has been made available in our efforts to advance understanding political, human rights, economic, democracy, scientific, and social justice issues, etc. constituting a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, all the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes

THE IRAN NUKE DEAL AND THE NEW AGE

 

TRUTH TALK NEWS August 6, 2015 broadcast on United FM Radio that covers a wide spectrum.  From  suppressed history to current events, news and other critical information the mainstream media routinely ignores.

Special Guest: Roy Bourque, author of “THE MERGING OF TWO WORLDS: THE CONVERGENCE OF SCIENTIFIC AND RELIGIOUS THOUGHT”.

Important References, Links & Sources:

RABBIS SPEAKING OUT AGAINST ZIONISM:

Rabbi Yisroel Dovid Weiss speaking in front of the Capital building in Washington DC, on March 3, 2015:

Below is the playlist for the entire 43 segments of the “MYSTERY BABYLON SERIES” by Milton William Cooper from his Hour of the Time radio broadcasts.

In 1991 Milton William “Bill” Cooper, a decorated former Navy Intelligence Officer published a warning to the world about the New World Order entitled, “Behold A Pale Horse”.

Contained within is one of several eerie predictions that have come true in our time. Here is but one example:

Excerpt from Behold a Pale Horse

Clearly, author Milton William Cooper saw where things were and are headed.

Incidentally after predicting events of September 11, 2001 and that the boogie man CIA operative Tim Osman, AKA Osama Bin Ladin would be blamed for the attack on his June 28, 2001 Hour Of The Time Broadcast,  Cooper was shot and killed by Arizona police on November 5, 2001 when they tried to arrest him on trumped-up charges of aggravated assault with a deadly weapon

CLICK HERE for a full PDF copy of William Cooper’s 1991 book, “Behold A Pale Horse”.

ORSON WELLES 1938 OSS (OFFICE OF STRATEGIC SERVICES) PSYOP, “THE WAR OF THE WORLDS” FULL BROADCAST:

Below is a documentary called “TELEVISION UNDER THE SWASTICKA” about the Nazi origins of television.

For comparison, below is an early Texaco Star Theater show from March, 1949 in its entirety.

From the beginning television was designed to “program” audiences. The critical appeal and growth in popularity of television masked its creator’s true intention, which was to be utilized as a propaganda tool for social engineering by the O.S.S,  the Office of Strategic Services.  Yes.  The CIA’s predecessor, the O.S.S. was the dark force behind the development of television.

At the first Bilderberg meeting in 1954 a secret plan was devised to gain control of the economies and resources of the world and create a neo-feudal two class society.  The plan was called, SILENT WEAPONS FOR QUIET WARS.

Since 1954 much that has transpired is laid out in this blueprint. Agenda 21, global warming and the destruction of economies is all documented far in advance of implementation.

In 1979 at the 25 anniversary of the Bilderberg Meeting a document was privately published for Bilderberg members that meticulously broke down the status of their plan for world domination.

A copy of the document was retrieved from a military surplus copier purchased in 1986.  History itself has proven the authenticity of the document and gives us a clear view of the future the elite see for us. This is the blueprint for the New World Order.

Below is a link to the full document:

 

SILENT WEAPONS FOR QUIET WARS (PDF)

In 1953 Norman Dodd exposed the Tax Exempt Foundation’s agenda to control the teaching of American History and comfortably merge the U.S. with the Soviet Union, but the Reese Committee was blocked by the powerful forces behind the Foundations and their traitorous minions of the shadow government who kept the plot for totalitarian socialist world government secret.   But this secret is now an obvious fact.   We are living it.    Below is an interview with Mr. Dodd from 1982 conducted by G. Edward Griffin.

THE NATION KILLERS – HOW THE NEW WORLD ORDER ROLLS

LIMITS TO GROWH – PDF

ECOSCIENCE – PDF

THE POPULATION BOMB – PDF

TRAGEDY AND HOPE – PDF

Another grand Illuminati deception is the book, PROTOCOLS OF THE ELDERS OF SION.   A book written by the illumined ones and made notorious by propaganda as an anti-Semitic work written by the enemies of the Jews.  This is actually true.

The Illuminati Zionists are not Jews, but they are of the Synagogue of Satan as referred to in the New Testament  (REV 2:9).   THEY are the authors of the PROTOCOLS and have indeed made the Jewish people scapegoats of their evil intent on world domination.

As a result,  Jews have been slaughtered and persecuted, when it is the Illuminati who should be hated and marched into ovens.  For the Illuminati, the Holocaust was simply another grand deception.  Another means to an end.

The Thule Society and Skull and Bones  are closely related.  They are both known as the Brotherhood Of Death.  They are both German Orders, but Skull And Bones resides at the Tomb in New Haven, CT at Yale University.

The Brother hood of Death profited greatly by funding the  rise of the Nazis as they had with the Bolshevik Revolution.   They also profited greatly from concentration camp slave labor.   Many of them were Jews, or more accurately Zionists, or false Jews.

When reading the PROTOCOLS OF THE ELDERS OF SION  one must replace the word Jews with Illuminati and the word goyim with the word cattle.   For all of us, all who are not illumined are indeed cattle in the nefarious minds of these genocidal parasites of humanity.   They believe that we are no different than animals that have no intellect since we do not use Our intellect The dumbed down inattentive sheople are  steaks on the table by choice and consent.

These illuminated ones are the elite, from  a collection of secret societies known as the Order, also known as the Brotherhood.  Comprised of Freemasons and other secret societies such as the Order of the Quest, The Order of Skull and Bones the Thule Society and a long list of others.

They believe that only they possess mature minds that are capable and entitled to control society.   They are all working to create a one world totalitarian socialist state, where all aspects of human life are under their control.

Below is an amazing documentary entitled, “THE CENTURY OF THE SELF” that explains how we have been conditioned to buy into a system owned and controlled by the uber elite and how we can break free from these psychological chains.

Listen to TRUTH TALK NEWS LIVE Thursdays 3-5PM EST on UnitedFMradio @ http://streema.com/radios/United_FM_Radio

Call in # 860-626-5193

 

NWO ENEMY OF HUMANITY HOWARDNEMA.com

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‘One basic truth can be used as a foundation for a mountain of lies, and if we dig down deep enough in the mountain of lies, and bring out that truth, to set it on top of the mountain of lies; the entire mountain of lies will crumble under the weight of that one truth, and there is nothing more devastating to a structure of lies than the revelation of the truth upon which the structure of lies was built, because the shock waves of the revelation of the truth reverberate, and continue to reverberate throughout the Earth for generations to follow, awakening even those people who had no desire to be awakened to the truth.’

Delamer Duverus

If you seek truth and want to restore Constitutional Gov’t please subscribe and share the valuable information contained on this site. Thank you for your continued support.

Please share this information.

All content on TRUTH TALK NEWS and HowardNema.com are for the purposes of FAIR USE and can be used by anyone in accordance with U.S. Copyright law.

TRUTH TALK NEWS and http://www.HowardNema.com are both free and independent of any network, group or association.

FAIR USE NOTICE: Some content displayed on this video/site may contain copyrighted material the use of which has not been specifically authorized by the copyright owner. This material has been made available in our efforts to advance understanding political, human rights, economic, democracy, scientific, and social justice issues, etc. constituting a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, all the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes

 

 

 

 

 

 

NATION KILLING: HOW THE NEW WORLD ORDER ROLLS

By Howard Nema
TRUTH TALK NEWS

100 years ago, Argentina was one of the richest countries in the world, having the world’s second most powerful economy.   

 
Buenos Aires (1925)













Argentina is a paradise with beautiful white sand beaches, abundant natural resources and rich, fertile farmland laced with many rivers, majestic waterfalls, vistas and ports.

At the time, its level of industrialization was higher than many European countries.   Railroads, automobiles, telephones and all the then-modern accoutrements were plentiful.

In 1916, Freemason Hipolito Irigoyen founded a progressive political party called, The Radicals.

How’s that for being blunt?    No attempt at disguising Irigoyen’s political views there.  

FREEMASON OBELISK & ALL SEEING EYE PYRAMID
BUENOS AIRES, ARGENTINA












The stealth modus operandi of destroying countries by design is a signature trademark of the Masonic secret societies working for the New World Order.

Hipolitio Irigoyen certainly helped to further the cause.

 

Hipolito Irigoyen was born in Buenos Aires and taught school before entering politics.   He became a Freemason in 1882 and was elected president under the banner of  “FUNDAMENTAL CHANGE”, appealing to the middle class.  

Wow, how interesting.    So . . . unique– Not.

What is interesting is the fact that Barrack Hussein Obama is also a Freemason forwarding The Great Work.

 

 

 

What is most interesting is the similarities of both their campaign slogan messages and their political agendas.     

 

Among Irigoyen’s changes:  Mandatory pension insurance, mandatory health insurance, and support for low-income housing construction to stimulate the economy. 

In fact, on the surface, this all doesn’t sound so bad, does it?  All good things, right?   Yes.  Except of course, for the now familiar term, mandatory.  And of course, how to pay for it.  

But like the Affordable Care Act, which is neither affordable nor offers quality care, the devil is in the details.    

 

The same was true with Irigoyen’s transformation of Argentina.  And all the attempted “transformations” using socialism as cover for crony capitalist collectivism. 

Socialism is an elitist scam to enslave mankind.

America is, and has been for decades following the same path to financial ruin and social chaos.   

The writing is on the wall.  (1/13/18 NOTE: Like him or hate him, President Trump seems to have read the writing on the wall and has so far done what no politician has done in my lifetime, kept every promise he made to the American People.)

AS SO WITH OBAMA AS SO WITH ARGENTINA

The State assumed economic control of Argentina and began assessing new payroll-taxes to fund its social welfare efforts.

With an increasing flow of funds into these entitlement programs, the government’s payouts soon became overly generous.  

HN NOTE: Like giving poor folks cell-phones.  I guess rent-subsidies, food-stamps and welfare payments aren’t enough, right?  

It wasn’t long before spending exceeded taxpayers’ contributions.   Much like social security, medicare and welfare, Irigoyen’s programs quickly became unfunded liabilities.

JUAN AND EVA PERON

The death knell for the Argentine economy came with the election of fascist dictator Juan Peron.  He and his charismatic wife, a former prostitute named Eva, captivated the Argentine sheople.

The pair aimed their negative rhetoric at the nation’s rich, as they lived as King and Queen, like chronic vacationers, Barrack Hussein and Michelle Obama.   

“Let them eat cake!”
   
Not surprisingly, the Peron’s targeted group swiftly widened and expanded to cover most of the middle class, who became yet another the enemy to be defeated and humiliated to “save the poor.”

This concept is of course used to this day by the elite to keep the herd divided.   Progressives, Fascists, Nazis and Communists have always exploited the resentment of the poor against the wealthy to gain control over them.

Under progressive dictator Juan Peron, government bureaucracies exploded with programs comprised of massive social welfare spending and encouraging the growth of labor unions.  

MADONNA as EVA PERON
MADONNA worshiping Baphomet during
the half-time ritual at the Superbowl

















Eva Peron was famously portrayed by Kabbalist Madonna in the Hollywood adaptation of the smash hit musical, EVITA.  Eva Peron died of cancer in 1952.

 

 

 

 



As with so many fascist dictators and communists of both the past and present, Juan Peron was praised in the media and graced the cover of TIME magazine many times.    

 

In fact, Argentina and Peron were very accommodating to Nazis fleeing justice. Examples of Nazis who relocated to Argentina include Josef Mengele, Adolf Eichmann, former Commandant of Sobibor and Treblinka death camps Franz Stangl, German industrialist Ludwig Freude, and SS-Hauptsturmführer Klaus Barbie among many others.

To this day, there is still is a large population of Nazi off-springs who call Argentina home.  

For more information on this, read:

 “Nazism’s Last Stand: The evil we are fighting abroad has found an American sanctuary in Argentina”by Edward Tomlinson (Collier’s Weekly Magazine, September 2, 1944, pp. 24-26 PDF) 

The controlled mainstream media has always worshiped Progressivism, Socialism and Communism, propping up the likes of Lenin, Stalin, Hitler, Mussolini, Mao and other genocidal tyrants until public opinion against these demons forced a revised view.

In Argentina, high taxes and the ever rising cost of big government took their inevitable toll even after dictator Juan Peron was driven from office on September 21, 1955.

During the 1970s, Licio Gelli, Grand Master of the P2 Lodge known as Propaganda Due, a clandestine lodge that was expelled from the Grande Oriente d’Italia Masonic organization, brokered oil and arms deals between Libya, Italy and Argentina through the Agency for Economic Development, which he co-owned with Umberto Ortolani.

As grand master of the P2 Masonic Lodge, Propaganda Due, Gelli assumed a major role in Operation Gladio’s “strategy of tension” in Italy, starting with the 1969 Piazza Fontana bombing.

Gladio was a pure Black-Op clandestine operation sponsored by the CIA and NATO to counter communist influence in Western European countries by conducting false flag terror operations in Italy. 

In 1971 Licio Gelli was charged with participating in a coup attempt against the Italian government, in collusion with Army intelligence.

Investigations later associated Gelli with the poisoning of Pope John Paul I, who sought to rout out Vatican corruption and was murdered only 33 days after taking office.  

The number 33 of course has great Masonic significance.   Indeed there was rampant corruption at the Vatican (and still is) including the Banco Ambrosiano scandal, which ended with the murder of banker Roberto Calvi.

Calvi was found hanging from the Blackfriars Bridge in London, a punishment in accordance with Masonic tradition for adepts who reveal Masonic secrets.

Few people in the world were linked to so many conspiracies such as the boss of the P2 Masonic Lodge.  Another P2 Lodge member, is Michele Sindona, a banker with clear connections to the Mafia.   

In 1972, Sindona purchased a controlling interest in Long Island’s Franklin National Bank.    Two years later, the bank collapsed.     Convicted in 1980 in the USA, Sindona was extradited to Italy where he was poisoned in his cell while serving a life sentence in 1982.  

On March 17, 1981, a police raid on Licio Gelli’s villa in Arezzo led to the discovery of a list of 962 persons composed of Italian military officers and civil servants which led to the discovery of the covert P2 lodge in 1981.  Michele Sindona was on the list.  

The P2 lodge still exudes great power in Italy with prominent members like top TV anchor-man Maurizio Costanzo and Italian Prime Minister Silvio Berlusconi.

In 1990, RAI Television reported the CIA had paid Gelli to foment terrorist activities in Italy.  Following this report, which exposed CIA involvement in the assassination of the Swedish Prime minister Olof Palme and President Francesco Cossiga.   Of course, the CIA denied all of these allegations.

In 1992 16 members of the P2 Masonic Lodge were arrested for conspiracy against the state, espionage, and revealing state secrets.  

In April 1994, Gelli received a 17 year sentence, but the court threw out the charges that P2 members conspired against the state.   How nice.

On November 23, 1995, an Italian court convicted Gelli of obstructing investigations in relation to the Bologna train station bombing in 1980. 

Switzerland eventually agreed to extradite him to Italy, but stipulations connected to his extradition prevented him from serving any time.   

Two years later, an appeal court threw out Gelli’s  conviction.

On July 19, 2005, Gelli was formally indicted by for the murder of Roberto Calvi.

In his statement before the court, Gelli blamed people connected with Calvi’s work in financing the Polish Solidarity movement on behalf of the Vatican.  

He was accused of having provoked Calvi’s death in order to punish him for having embezzled money owed to him and the Mafia.

The Mafia also wanted to prevent Calvi from revealing how the bank had been used for money laundering.  Gelli’s name, however, was not in the final indictment at the trial that started in October 2005.

Gelli was also implicated in Aldo Moro’s murder by the Italian chief of intelligence, who was a P2 member.   In May 2009, the case against Gelli was dropped due to insufficient evidence against the teflon Don.

A fugitive in Argentina for years, Gelli publicly declared on many occasions that he was a close friend of Juan Peron.

Several members of the Argentine military junta were also P2 members, such as Argentina’s interim president, Raul Alberto Lastiri, Emilio Massera, part of Jorge Videla’s 1976-78 military junta, and Jose Lopez Rega, the founder of the Argentine Anticommunist Alliance. 

Gelli noted that he introduced Juan Peron to Masonry and that this friendship was of real importance for Italy.    He stated: “Peron was a Mason, I initiated him in Madrid in Puerta de Hierro, in June 1973.”

Grand Master of the P2 (Propaganda Due) Masonic Lodge Licio Gelli and Juan Peron being decorated by the Order of the Liberator San Martin in 1973

In the picture above, Juan Peron leans toward Grand Master, Licio Gelli to whisper in his ear.

Gelli was waiting with the silver hammer, the apron at the waist and the band with the symbol illustrated ceremonial Freemason compass and square.   

This secret Scottish Rite of the 33rd Degree initiation ceremony,  a rite called the “Orecchio teacher” was granted to Peron, making him a member of the Supreme Council of the P2 Masonic Lodge.  

Peron’s influence during his third term as President of Argentina was spread through the P2 Lodge.

After Juan Peron’s death in July 1974, his body was placed in the Peron family tomb in Chacarita Cemetery in Buenos Aires.   

13 years after Peron’s death, in July 1987, his hands were severed and removed from his tomb along with his army cap and sword.  A ransom letter demanded $8 million for their return.   No ransom was paid, no suspect has ever been charged and Juan Peron’s hands have never been recovered.  By the way, the number 13 also has great significant in the Luciferian doctrines of Freemasonry.  

Many of those involved in the investigation of the disappearance of Peron’s hands have since died, some under very suspicious circumstances.

There is evidence that the theft had some sort of official support, as the robbers used a key to enter the tomb.  

In their book Unveiling the Enigma, writers Damian Nabot and David Cox note that the Masonic lodge P2 was behind in the theft, and that there was a Luciferian ritual involved in the cutting off of Peron’s hands.  

 

 

 

 

 

 

 

After Peron’s third reign ended in 1973, Argentina’s government continued to spend far beyond its means. 

Hyper inflation exploded in 1989, marking the end game of a process characterized by redistribution of income based on increased wages, and growing state intervention in the economy.  

God help us, this is indeed where America is heading.  

Albert Einstein said it best, “the definition of insanity is doing the same thing and expecting a different result”.     Indeed.  Unless of course, this is the plan.

By 1994, the Argentinean government’s practice of printing money to pay off its public debts had crushed the economy.    Inflation hit 3000%, reminiscent of the Weimar Republic in Germany in the 1920’s.

 

 

 

 

 

 

Food riots were rampant; stores were looted and the country descended into chaos. 

(1/13/18 HN NOTE: As so in Argentina as is in Venezuela)

By 2001, Argentina’s public pensions had imploded.   Payroll taxes crept from 5% to 26%.

In addition, Argentina implemented a value-added tax (VAT), new income taxes, a personal tax on wealth, and additional revenues based upon the sale of public enterprises.   

More bogus proposals for a Value Added Tax are coming from globalist shill Al Gore, Leo Di Caprio and other New World Order climate change fraudsters. 

We should be learning from this, shouldn’t we?  Unfortunately, so far we are not.

Think about the current Carbon Tax scheme being proposed, and Obama’s EPA attack on coal.

In Argentina, these taxes crushed the private sector, further damaging the economy.
 

A government controlled “privatization” effort to rescue seniors’ pensions failed.   By 2001, those funds had also been raided by the government, the monies replaced by Argentina ‘s defaulted government bonds.

How many loans are outstanding against Social Security?  Can we ever pay them, or our other debts?

 

What about the $ trillions in unfunded liabilities?  

Or the $17 trillion National debt.    

Clearly, the objective is to destroy the U.S. economy.   And it’s working. 

(1/13/18 HN NOTE: It’s getting better! Still, we must DESTROY THE ENEMY!  END THE FED!)

How much more proof do you need?     How many more countries have to fall prey to these lecherous Vulture Fund IMF World Bankers before the world awakens to the truth about these nation killers?   

This is not rocket-science.   It’s reality.   Really, it doesn’t take a genius to figure this out.   Truth is for everyone.
 
So why are Americans and the world so unable to grasp this simple reality?   Well, denial is one thing, distraction by the demigods of the mass media mind control apparatus is another.

Then of course, there is the designed moral decay and gradual break up of the family, the growing welfare state and the fact that most Americans who are actively working are working two, even three jobs to make ends meet.
 
Where is the time to notice, or research these things?  Well, you better find the time.  What about the 93 million Americans who are not working?   They are simply distracted and conditioned to accept Obama’s “new economy”.

Look, if you have time to watch Monday Night Football, Naked Dating and My Teen Mom social control propaganda, you can take some time learn how you are being complicit in your own servitude.   


In Argentina, government fiscal irresponsibility peaked by 2002,  inducing a national economic crisis far worse than the 2008 collapse and as severe as the bankster induced Great Depression of the 1930-40’s.

The Progressive movement started by Hipolito Irigoyen, under the banner of “Fundamental Change” destroyed the economy of Argentina.  

This is what is on America’s horizon without a restoration of the Rule of Law and Constitutional government.   

The final destruction of freedom and opportunity under the guise of equality and prosperity.  

Universal health care, high taxes and government takeover of much of the economy ruined the prosperity that Argentina had enjoyed a century ago.

Should we not learn from this history? Maybe we should try to notice that there is an ongoing agenda to duplicate history.  Over and over. Country to country.   

Like in the predictive programming of the movie, Independence Day (1996) where the aliens go from planet to planet destroying civilizations, stealing the resources and moving on.

After Bill Pullman, who plays President Whitmore in the film, learns that there can be no peace with the aliens, he psychically realizes the true “hidden agenda” after reading the creature’s thoughts:

PRESIDENT WHITMORE:

“I saw what they’re planning to do. They’re like locusts. They’re moving from planet to planet… Their whole civilization.  After they’ve consumed every natural resource they move on… And we’re next.”

The aliens in Independence Day are parasites who feed off the host.   The IMF, World Bank and the World Trade Organization are the equivalent of the aliens of Independence Day.   The Nation killers. 

Now, take a wild guess at which country these hegemonic parasites have chosen as the next host. 

Progressives, Socialists and Communists are bankster’s best friends and #1 customers, since the banksters fund all of their totalitarian schemes.   

What on the surface appears to be a display of compassion, tolerance and equality and good will for all, in actuality breeds hatred, violence tyranny and oppression.

Any ideology that moves America away from the Constitution and the founding principles will end in carnage and bloodshed.   

As history has told us, communists and socialists, “who always know what is best for their people,” have slaughtered any and all in opposition to their regimes.”    This fact is undeniable.   

Let’s take a quick look at this.  Topping the list of genocidal totalitarians by far is Chinese communist Mae Zedong (1949-76), who slaughtered 60 million of his own people.

 

Dubbed, the ‘Great Helmsman’ and adored by the likes of high level Freemasons David Rockefeller and Richard Nixon, was in fact the greatest mass murderer in history.

David Rockefeller in his essay, “A China Traveler” (1973), called Mao Zedong, “one of the greatest leaders in history.”

In fact, Mao was a dumb, inept peasant, who was initiated and schooled by Skull and Bonesmen into Freemasonry.  Fact.

Are you starting to see the picture?   It is coming into focus, yet?

Most of Mao’s victims were his fellow Chinese, murdered as ‘landlords’ after the communist takeover, starved in his misnamed ‘Great Leap Forward’ of 1958-61, or killed and tortured in death camps during the 1960’s.  Mao’s rule spelled poverty for most of China’s population.  

Next in line would be Freemason Joseph Stalin (1929-53) whose Communist regime claimed 40 million victims.  
 
Lenin’s ultra paranoid successor is the number 2 mass-murder.   
 
Stalin imposed a deliberate famine in the Ukraine and killed millions of the wealthier peasants called kulaks, forcing them off their land, and purging his own party, shooting thousands and sending millions more to work as slaves and perish in the Gulag.
 
 
 

As you can see, history paints a very slanted view.

Due to merciless cruelty of the Holocaust, Thule Society adept (member) Adolf Hitler (1933-45) gets the most press, but in reality he is mass murderer #3, with just over 10 million.  

 
Between, Mao, Stalin and Hitler, over 110 million souls were slaughtered.  They were all Freemasons.

Therefore, anyone seeking to transform America into something it was not intended to be is a traitor and a threat to the Republic.

Anyone who willfully destroys their own country by intentionally causing it’s own destruction is an enemy of Our Republic and the American Dream.

Though Marxists profess to be working to achieve a prosperity and equality, history proves their acts only result in poverty and misery while the elite class flourish at the top. 

We are fighting collectivists.   Architects of poverty and economic slavery.   And they are very proficient at it. 

What we see happening today in America is the work of international thugs known as bankers.    The IMF and World Bank are designed to bankrupt nations and allow multinationals to rape and pillage the economies of the world.

What has been done in so many countries like Somalia, Malaysia, Indonesia and the Philippines is now happening here in America.

Of course most Americans are not aware of this reality, but they can tell you the stats of any sports star and recite their favorite songs all while texting and driving at the same time.

For the most part, America is completely distracted and detached from reality.   We can thank pop culture, the government controlled lamestream media with their circus and bread displays that keep the population in check.

We only have to look to the recent past to see what looms ahead for America.
Argentina was one of the wealthiest countries in the world until the globalist vultures at the IMF used their Hegelian playbook to bankrupt them.

These crisis were the result of a massive economic meltdown (sound familiar) which affected many countries by July 1997.    While America was by appearance, economically flourishing through the short lived dot.com boom, that too soon went bust.

In Indonesia,  the reforms enforced by the IMF much worsened an already bad situation by causing bankruptcy to large sectors of the markets.

The IMF and the World Bank then ordered the Indonesian government to convert all their private debt owed to private banking institutions into public debt as part of their reconstruction policies. (How familiar does this sound?   Can you say BAILOUT?)  

This of course resulted in a drastic decrease in the incomes of much of the population.


(Am I hitting home yet?  Are you waking up?)



While they are professing to help troubled third world countries, the IMF, World Bank and the World Trade Organization are actually doing great economic harm.   They are economic hitmen.  

This sudden increase in the public debt of Indonesia caused a major decline in the social and economic development of the country as well as undermining all state policies and state support from the population.

This should be obvious, even to the most reluctant sheep lost in a fog of cognitive dissonance to see a pattern here.  
IMF  policies have caused further destruction within the countries that received “bailouts” and “aid”.   

Please wake up, these criminals are not done and America is on the list of countries to be eviscerated. 

If not for the tremendous wealth of the economic machine of the United States, we too would’ve been crushed as well by the Crash of ’08.    We are far from out of the woods, folks.

In fact, we have fallen out of the proverbial frying pan into the fire.

Heed my warning.  There is much more misery to come in America’s future unless we stop these repulsive parasites from stealing Our wealth as a Nation. America can not afford to rest on its laurels.   

Slowly, incrementally, the “American Dream” is being slaughtered by death from a thousand cuts.   The global crisis facing our world today is far more complex compared to the global issues experienced in the post-World War 2 period.   An attempt in the resolution of these current issues has resulted in only temporary stabilization of the global economy through the process of debt collection.   

Instead of helping with the reconstruction of economies, the degree of debt built up by countries destroys economic activity, like Obama’s collectivist eco-facist methods of carbon limitations in the name of “saving the earth” from the deathroes of the Global Warming/climate change fraud.

Climate change is simply another ploy to steal the wealth of the world and in the process transform America into a bankrupt, dependent, totalitarian socialist state.

The Machiavellian deceivers at the IMF and the World Bank implemented policies that have destroyed many nations in their efforts to “help”.   History clearly demonstrates that indeed, the exact opposite has occurred.  

This is called inversion:  Good is evil, War is Peace, Freedom is Slavery, Ignorance is strength, etc.

Instead of encouraging growth within vulnerable, developing economies, the IMF economic hitmen led to the destruction of state institutions, the disintegration of protective economic barriers and the impoverishment of large swaths of the population.

IMF policies played a major role in the increase of unemployment rates within developing countries as their partners, the Federal Reserve has done here in America.

As local industries are destroyed by harsh economic policies, international corporations grasp the opportunity to invade the markets.   In order for multinational corporations to expand their operations in countries, they destroy small, local businesses by dominating markets.   Wal-Mart and Home Depot come to mind as two examples.

In turn, these small businesses are forced to either support these global corporations through producing for them or run the risk of going bankrupt.

This leads to the destruction of domestic economies.  For instance, as agricultural producers are phased out by Monsatan and other GMO multinationals, their work forces are forced to join the unemployed.

Now, in fairness, some of the problems faced by countries like Somalia and Indonesia were already present before any intervention of the IMF and the World Bank occurred.  

However, it is a fact that the IMF and World Bank have worsened, not helped the present problems and have also caused new issues to arise.  Another area where the IMF and the World Bank have managed to cause more destruction than reconstruction is through failed attempts at state intervention in order to curb corruption within government organizations.  This is a complete joke, the foxes guarding the hen house.

These so-called development policies encourage corruption and destroy any successful state policies in their wake.    We can see that here in America with our bloated, ineffective government regulatory agencies that favor the multinationals over We the People.

The Structural Adjustment Programs implemented by the IMF and the World Bank were supposed to provide countries in economic crisis with positive solutions to aid development by determining the direction of a country’s reconstruction policies through implementing “currency devaluation, fiscal reform, the removal of tariff and import quotas and price control liberalization.

These are the same bogus eco-disasaterous policies that are now being implemented here in America.

The Structural Adjustment Programs (SAPs) contributed to the destabilization of national currencies and further degradation of the world economy leading to famines, the closure of schools as well as health institutions, and the resurgence of infectious diseases in several regions of developing countries.




 

 

 

 

The Ebola outbreak in Africa is a prime example.    It has been projected that over one million Africans will become infected by January, 2015.   

Dr. Gil Mobley, a physican in Missouri believes the CDC is lying about the threat posed by Ebola and staged a protest at Atlanta’s Hartsfield-Jackson Airport to expose it. 

Mobely noted, “for months, doctors in my community — since we had a meeting six weeks ago have been convinced that the United States will be importing clusters regularly.

Right now, on the continent of West Africa, there are a million people in isolation, in quarantine, because of Ebola, and ten thousand passengers leave West Africa every single day. It’s just a matter of time before this disease is carried to every corner of the world.”

Dr. Mobely also stated, “that disease (Ebola) is going to consume every third world country on the planet, and then we will be importing these clusters on a regular basis. I have no question that we will be able to stomp out this cluster in Dallas, but what happens when it happens on a weekly basis?

Already the Dallas Health Department is overwhelmed; they’re flying people to Atlanta. I don’t care how advanced any industrialized nation is, there is a threshold where we will outstretch the resources and it becomes uncontrolled.”  

The Club of Rome depopulation fanatics must be dancing across their Satanic altars.

 








Even though the stated primary goal of the World Bank was poverty reduction and environmental protection, its efforts have proven to be exactly the opposite.  

Like the United Nations, who speak peace and make war.

Support of environmental projects have increased the process of deforestation and further destruction of the natural environment resulting in less arable land to sustain the agricultural communities. 

Structural Adjustment Programs have become a type of economic “genocide”, which relates to the mass destruction of world economies, encouraged by the IMF and World Bank manipulation of the markets.

In 1997, Indonesia was one of the many countries that were severely affected by the East-Asian crisis. The IMF and World Bank intervened to try and relieve the situation through the implementation of Structural Adjustment Programs but these institutions just aggravated the situation further as well as introduced new complications.

The East Asian crisis was a result of a massive economic meltdown which affected many countries such as Malaysia, the Philippines and Indonesia by July 1997.   Socialist reforms enforced by the IMF worsened the situation by causing bankruptcy to large sectors of the markets and entrepreneurs within Indonesia.

 

 

 

 

 


The IMF and the World Bank then instructed the Indonesian government the convert all their private debt owed to private banking institutions into public debt as part of their reconstruction policies which resulted in a drastic decrease in the incomes of much of the population.   (Sound familiar?)


This sudden increase in the public debt of Indonesia caused a major decline in the social and economic development of the country as well as undermining all state policies and state support from the population. This is a clear illustration on how the IMF adjustment policies have caused further destruction within the countries that received its “aid”. 

It is quite clear that Bretton Woods has had disastrous affects in developing countries. Bretton Woods conference reconstructed global economies after the destruction caused by World War 2.

The IMF and the World Bank was established to help with the reconstruction process and relieve poverty in many developing countries.   

However, the original intentions of these institutions of these institutions were never achieved.   As defined in the examples of Somalia, Indonesia and Malaysia, the reforms implemented by the IMF and the World Bank have been economically disasterous, most recently in Argentina.

IMF/WORLD BANK NATION KILLING RECORD














Argentina President Cristina Fernandez, recently spoke to the U.N. General Assembly and exposed the Nation killers at the International Monetary Fund and the World Bank, who enslave and bankrupt entire nations.  President Fernandez also spoke of the constant changing definition of what is a terrorist.

 

As described in previous blogs, this seems to be a true international issue, since law enforcement and the media won’t call the Muslim beheadings of an 82 year old British grandmother in the UK, or 2 Christians in New Jersey or in the most recent beheading in Oklahoma acts of terror, or even  hate crimes, or civil rights violations, rather calling it workplace violence.  

This is a very serious international issue, folks.  

President Fernandez is rightfully concerned.   As she should be.

When Monsanto arrived in Argentina in 1996 with the first of its Genetically Modified crops, Round-Up Ready soy beans, it made attractive promises to Argentine farmers.

The Round-Up Ready soy bean has a special gene making it resistant to Monsanto’s powerful Round-Up pesticide which kills virtually everything else that grows.

Monsanto pitched its genetically modified technology as a means to make soy farming cheaper and easier.     Farmers would only have to use only one pesticide, Round-Up Ready.    Yields would be higher and costs lower.

Of course, as with all things New World Order, the opposite occurred . . . on purpose.

Less than six years after the country decided to go GMO, Jorge Eduardo Rulli, one of Argentina’s leading agronomists noted:  “Our brief history of submission to the world bio-technology giants has been so disastrous that we fervently hope other Latin American nations will take it as an example of what not to do.” 

Argentine farmers were captivated by the slick sales talk.   About 90 per cent agreed to adopt the technology, giving Monsanto more business in Argentina than in the US.   

The same sales pitch was made to poor farmers in India, who were bamboozled into taking loans to purchase GMO seeds and grow chemicals.   

By the time the ether wore off most farmers realized they been sold a bill of goods.    In India, the result was 3 straight failed crops seasons, death and economic destruction. 

Without crops to pay the loans, the banks foreclosed on thousands of farms, leaving the farmers with only expensive Monsanto pesticide to poison themselves.   You read that right. 

Things are so bad that in India, up to 1,000 farmers per month commit suicide as a protest by consuming the same deadly toxic chemical pesticide sold to them by Monsanto.

You cannot make this stuff up.  

Despite the fact that every farmer knows they will die horrible, painful deaths, they continue to drink the Monsanto poison and commit suicide as a protest.   

Where is the news at 11?  



 

 

 

Fah-get-about-it.   Monsanto has immense power.   They own the networks because of the vast sums spent on advertising and they own governments by tremendous campaign contributions and insiders in key government positions.

This is especially the case here in the United States, where former Monsatan VP and top lobbyist, Michael R Taylor is current head of the FDA food division.

When his appointment ends, Taylor will go back to Monsanto until the next puppet president re-appoints him.  



Michael R. Taylor has been through the revolving door of working for the FDA and Monsanto for almost 40 years.  He is in fact the force behind championing Monsanto’s Genetically Modified Organisms.

Since the adoption of GMO, Argentina’s soy crop has doubled to 27 million tons.   After the United States and Brazil, Argentina is the third largest GMO producer in the world.   Exports have increased.    But so have the costs.  

Despite the promises, GMO soy beans have had five to six per cent lower yields than conventional soy beans and there has not been as promised, a decline in pesticide use.   This is due to new species of invasive weeds.   

Farmers have had to use two or three times more pesticides than previously. So much for eliminating dangerous pesticides and reducing cost.   What a scam. 

The truth is, total costs have risen by 14 per cent.  Soy prices have dropped due to increased global production, and most farmers are actually much worse off.   There are also other less obvious, but even more serious, consequences.  

No longer able to compete, small-scale Argentine farmers are going bankrupt. Hundreds of once thriving communities have become ghost towns.   

And for the tree hugger environmentalists serving the eco-fascists, what is even more alarming is the ecological damage caused in Monsanto’s wake.  

Native woods have been sacked as the soy front has advanced. 

Each year farmers are saturating more than 10 million acres of land under GMO cultivation with 40 million gallons of herbicide.

This has is killed off all life except GMO soy and is interrupting the normal biological cycles of growth.   The soil is turning to dust that cannot retain moisture.   Sounds like what has happened in India, doesn’t it?

Not surprisingly, Argentina suffers from severe flooding.  
Global Warming–NOT!  

But Monsanto and the petro-chemical pharmaceutical industries are poisoning us.     That is why they are the real force and money behind the environmental movement.    This way they can successfully control regulation.  

In the past farmers used to grow soy in the summer and wheat in the winter.   The non-GMO soy captured nitrogen from the air, helping to retain the fertility of the soil.    This rotation reduced weeds.   But today the GMO soy, which cannot capture nitrogen, is grown all year round.

As Argentine agronomist Adolfo Boy noted:  “The ecosystem has been ruptured and new resistant weeds are appearing.   We have not created a self-regulating, sustainable system, but one that requires larger and larger volumes of pesticide, which the farmers deliver.”   They know it won’t kill the GMO soy.

This vicious ongoing cycle continues.  Soy is taking the wealth of Argentina, not making it.

Fellow Agronomist Jorge Eduardo Rulli put it bluntly: “The (GMO) seed multinationals have patented life and are forcing us to pay tribute to them,” says agronomist .  “The more we produce the poorer we become.”

Of course.     This is the essence of Neo-Fuedal serfdom.     






This is how the New World Order rolls.

The people forced off the land migrated to cities where finding jobs in a stagnant economy proved challenging if not impossible.

To quell the potential rise of widespread rioting, the government provided the most needy with free food.   One might think that the government would purchase the food for the Argentine needy from Argentina’s struggling small farmers. 

Oh, no.   No.  Argentina imports cheap food from abroad, encouraging impoverished families brought up on beef to eat the very GMO soy which is doing so much damage to their country, their livelihoods, health and standard of living.

President Fernando De La Rua


In December 1999, IMF bank puppet Fernando De La Rua took office as president, further selling Argentina down the river while enriching himself.

In 2000,   De La Rua and seven others were accused of bribing senators in order to pass a labor reform bill.   But like Italian P2 Lodge Freemason Licio Gelli, De LaRua, was acquitted on December 23, 2013,  thanks to the unseen hand of Masonic influence. 

“The ruling was shameful,” said Mario Pontaquarto, a parliamentary secretary who confessed to picking up bags of cash with up to $5 million from an Intelligence Agency to pay the bribes.

“I told the story about the bribes ten times.” Mario Pontaquarto stated, “I should have been convicted because I gave my testimony and incriminated myself in this corruption case.” 

The Labor Market Flexibilization Act passed in May, 2000 but failed miserably, as intended.  De La Rua imposed an IMF-sponsored program of government spending cuts, revenue  increases, and revenue-sharing reforms to get their deficits under control.  This was proposed in order to stimulate foreign investment and avoid Argentina from defaulting on the public debt.    

Of course it did not work, as the IMF knew it wouldn’t.  

This is how the New World Order rolls.

By the end of 2001, Argentina faced a globalist designed economic collapse, must like America did in 2008.

As always, same story, different country.  Same players.   Same playbook.  Same result.   HEAVY DEBT.    Such consistency.   How can the sheople be so blind to see what is happening before Our very eyes.  As a result of the bribery scandal, the IMF forced Argentina to service its debt, which devalued their peso.   

There were also deep budget cuts, including a 13% reduction in pay for the nation’s 2 million public sector employees.

This only proves that in the long run, socialism is unsustainable.  The Labor Market Flexibilization Act was finally repealed in 2004 after Argentina defaulted on a $140 billion debt to the IMF banksters, which devalued the currency by 29%.

Unfortunately for Argentina, and as planned by the globalists, Argentina failed to curb the rapidly increasing risk on almost $100 billion in Argentine bonds, which raised debt service costs and limited access to international credit.

Fearing the collapse of the peso, on November 1, 2001 Argentines had a run on the banks, withdrawing deposits.   De La Rua’s Minister of the Economy, Domingo Cavallo quickly passed regulations severely limiting withdrawals which froze the peso-denominated assets of the Argentine middle class, while the dollar-denominated foreign accounts of the globalists were shielded from devaluation.     How nice is that?    They do love it that way.

This is how the New World Order rolls.

 

 

 

 

 

On December 20, 2001 President Fernando De la Rua resigned, amid tear gas, rubber bullets and water cannons directed at angry  protesters. De la Rua fled the government palace in a helicopter.  

He was driven from office after days of continuous rioting and looting that left 22 people dead and homes and supermarkets across Argentina ransacked.   

Although the devastating magnitude of the collapse, and its consequences had been brewing for years, many were still unprepared and taken by surprise, as Americans will be when the U.S. dollar loses it’s value due to these same looming conditions. Sheople are going to freak.

By July 2002, the Argentine currency had depreciated to one-quarter of its former value.    A similar, more direct thing happened in Cypress a few years ago.  One morning, without warning, Cypress citizens awoke to find 25% of their money had vanished from their bank accounts to pay debt.  

The Nation Killers use DEBT AS A WEAPON OF MASS DESTRUCTION.

These evil, devious, heartless, cold-blooded, Luciferian psychopaths are parasites, creating FIAT currency made out of thin air.  There is no sound money.     It is a debt based credit system designed to eventually implode.

And let us not forget the Hegelian destabilization of Iraq and the U.S. long term commitment to the poppy fields and lithium mines of Afghanistan, the recent toppling of regimes like Libya and Egypt and the current targets of the New World Order nation killers, Syria and Iran.

The world is being swindled, raped and pillaged by the nation killers of the IMF/World Bank, World Trade Organization and the Federal Reserve Crime Syndicate.   

Consider this, every dollar printed by the Federal Reserve Crime syndicate is equal to a dollar of debt plus compounded interest.   This is of course an unsustainable model, but there are very many high profile, well paid Keynesian economists and others on the payrolls of the great Tax-Exempt Foundations, who are in league with the banks making this all happen.

These Machiavellian social controllers own the media and control education world wide via the Carnegie Endowment for Peace and the Rockefeller Foundation.

As a result, we have been propagandized and conditioned to accept many lies and collectivist schemes, including the elite’s control over the economy, designed implosions, recessions and depressions.

After each designed implosion, We the people of the world continue to have less and less while the Nation Killers gain more and more power and control.
   
Debt causes hardship which leads to loss of property, despair, civil unrest and finally desperation.   And desperate people do dangerous things, my friends.   

Death to the Nation Killers.  And death to the New World Order.

                                                                                                                                                 HN


Take a look at a riveting speech (English Subtitles) to the U.N. General Assembly by Argentina President Cristina Fernandez lambasting the New World Order banksters, calling out Vulture Funds, the IMF/World Bank nation killers and the asking the right questions about who is funding global terrorism.

                Argentine President Christina Fernandez 

Related Links:

http://youtu.be/eDfhCUNUMHM

http://truthtalknews.blogspot.com/2014/10/secrets-of-order.html      

http://truthtalknews.blogspot.com/2014/09/henry-kissinger-worries-new-world-order-in-crisis.html

http://truthtalknews.blogspot.com/2014/09/skull-and-bones-cfr-and-the-quest-for-world-government.html

http://truthtalknews.blogspot.com/2014/09/kgb-defector-accurately-predicts-ideological-subversion-and-demoralization-of-Amerika.html    

http://truthtalknews.blogspot.com/2014/07/the-designed-destruction-of-america.html 

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