Chapter 33

Wall Street Coup de Etat,
and Banker False Flags
Against America

Updated, reedited 27 March 2010

"Allow me to issue and control a nation's currency,
and I care not who makes its laws."
--Mayer Amschel Bauer Rothschild, 1791

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and the corporation which grow up around them will deprive the people of all property until their children wake up homeless on the continent their fathers conquered."
--Thomas Jefferson

In October 2008 America’s central bank –the Federal Reserve or “Fed”—and closely allied top Wall Street investment banking houses made a shocking display of arrogance. They dictated a massive cash infusion of $700 billion from Congress.
A year later "the Hidden Hand" behind Wall Street and the Federal Reserve made a more subtle but no less shocking show of arrogance. Despite the fact that Congressman Ron Paul finally put together a Congressional majority to support making a preliminary audit of the Fed --which has never been seriously audited since its founding in 1913 --this bill nevertheless ran into a brick wall.
Getting back to the October 2008 shakedown, French 24 TV's show "Face-Off; "Wall Street: Has It Learned Its Lesson?" interviewed independent analyst Max Keiser about this shocking event:

Interviewer: Max, if I could start with you. What is it about Goldman Sachs. How does it manage to turn figures around like that?
Max Keiser: Well, Goldman Sachs are scum. I mean that is the bottom line. They have basically coopted the U.S. Government. They have coopted the Treasury Department, the Federal Reserve functionality. They have coopted the Obama administration. Barack Obama dances, you know, to Goldman Sachs. And they are really crooked and abominable in what they have done. Remember Hank Paulson held Congress hostage. Took them in the back room and said, "Give us $700 billion dollars or we are going to crash this market. He is an arsonist. He is an outlaw. And yet he is given praise --"
Interviewer: He is Treasurer and former CEO at Goldman Sachs--
Keiser: Sure, but if you go down the list they are all Goldman Sachs scum, whether it is Hank Paulson [or] Geitner who has very close ties to Goldman Sachs, and of course all these banking bonuses are paid out to all their cronies, who are Goldman Sachs scum, and America for some reason has allowed this coup de etat to take place. This silent coup de etat where Goldman Sachs and their friends now control the U.S. Government and they are manipulating prices....

 

Max Keiser takes offense to Goldman Sachs story (Part 1 of 2). See also Part 2.

 

Leading investment banks had been in very serious trouble for many years prior to October 2008 due to a variety of factors, to include the extreme amount of debt accumulating throughout most sectors of the U.S. economy. The Federal Reserve had been following a longstanding strategy of reinflating asset bubbles to stave off an asset deflation and massive recessions, and now the housing bubble had run its course. The "powers that be" decided that someone had to be thrown to the wolves. This go around, "Jewish lightning" would just happen to strike the Jewish-founded investment banking firm with the Jewish name of Lehman Brothers on the highly Kabbalistic date of September 11th. (Interestingly enough, a report surfaced that Lehman transferred $400 billion to Israel just before the unlucky date. This merits additional investigation).

BBC: The Fall of Lehman Brothers P1, YouTube caption: "On September 15, 2008, the firm filed for Chapter 11 bankruptcy protection following the massive exodus of most of its clients, drastic losses in its stock, and devaluation of its assets by credit rating agencies. The filing marked the largest bankruptcy in U.S. history..." A fascinating look at the personalities and values behind Lehman Brothers and Fed-Wall Street crisis management groups --who leveraged their balance sheets 20-40 times in a housing bubble. Part 4 documents the episode where the British government, combined with the U.S. Fed, blocked the rescue of Lehman, creating a "financial crash 9/11" that would later be used to suck trillions of dollars in bailout money from the U.S. taxpayer. See the complete series: Part 1, Part 2, Part 3, Part 4, Part 5, and Part 6. See also the sequel "Back From the Brink" Part 1, Part 2, Part 3, Part 4, and Part 5.

 

According to the documentary The Fall of Lehman Brothers, this was the largest bankruptcy in history, ten times bigger than ENRON. The 7 Sept 2009 article "Economic 9-11: Did Lehman Brothers Fail or Was It Pushed?" by Ellen Brown describes the 9-11 "bombing" that took place:

A year after the bankruptcy of Lehman Brothers on September 15, 2008, questions still swirl around its collapse. Lawrence MacDonald, whose book A Colossal Failure of Common Sense came out in July 2009, maintains that the bank was not in substantially worse shape than other major Wall Street banks. He says Lehman was just “put to sleep. They put the pillow over the face of Lehman Brothers and they put her to sleep.” The question is, why?
...Although Lehman Brothers filed for bankruptcy on Monday, September 15, 2008, it was actually “bombed” on September 11, when the biggest one-day drop in its stock and highest trading volume occurred before bankruptcy. Lehman CEO Richard Fuld maintained that the 158 year old bank was brought down by unsubstantiated rumors and illegal naked short selling. Although short selling (selling shares you don’t own) is legal, the short seller is required to have shares lined up to borrow and replace to cover the sale. Failure to buy the shares back in the next three trading days is called a “fail to deliver.” Christopher Cox, who was chairman of the Securities and Exchange Commission in 2008, said in a July 2009 article that naked short selling “can allow manipulators to force prices down far lower than would be possible in legitimate short-selling conditions.” By September 11, 2008, according to the SEC, as many as 32.8 million Lehman shares had been sold and not delivered – a 57-fold increase over the peak of the prior year. For a very large company like Lehman, with plenty of “float” (available shares for trading), this unprecedented number was highly suspicious and warranted serious investigation. But the SEC, which was criticized for failing to follow up even on tips that Bernie Madoff’s business was a ponzi scheme, has yet to announce the results of any investigation.
...If Lehman was indeed sacrificed, who pushed it and to what end? Some critics point to Henry Paulson and his cronies at Goldman Sachs, Lehman’s arch rival. Goldman certainly came out on top after Lehman’s demise, but there are other possibilities as well, involving more global players. The month after Lehman collapsed, Gordon Brown and the EU leaders called for using the financial crisis as an opportunity to radically enhance the regulatory power of global institutions. Brown spoke of “a new global financial order,” echoing the “new world order” referred to by globalist banker David Rockefeller when he said in 1994: “We are on the verge of a global transformation. All we need is the right major crisis and the nations will accept the new world order.”
...In April 2009, Gordon Brown and Alistair Darling hosted the G20 summit in London, which focused on the financial crisis. A global currency issue was approved, and an international Financial Stability Board was agreed to as global regulator, to be based in the controversial Bank for International Settlements in Basel, Switzerland. The international bankers who caused the financial crisis are indeed capitalizing on it, consolidating their power in “a new global financial order” that gives them top-down global control.

In her article "Economic 9-11: Did Lehman Brothers Fail or Was It Pushed?," Ellen Brown makes some other very important points. The fall of Lehman was a "controlled financial demolition" that resulted from the deliberate dithering of Alistair Darling, the UK Chancellor of the Exchequer. In fact, Ms. Brown claims that Darling also engineered the "controlled financial demolition" of another important financial institution on 9-11 of the prior year.

...Why was Bear Stearns saved from bankruptcy but Lehman Brothers was not? How could the decision makers not realize the dire consequences of letting Lehman go down?
One possible explanation is that they actually thought the bank would be bought out at the last minute, just as Bear Stearns was. In both cases, the parties worked feverishly over the weekend after the stock’s collapse to try to negotiate a deal. For Bear Stearns, the negotiations succeeded, with the help of the New York Federal Reserve, which provided the loan used by JPMorgan Chase to complete the deal. With Lehman, however, the interested buyer was British, and the help that was needed was from the UK Chancellor of the Exchequer, Alistair Darling. The weekend after the September 11 stock collapse, intense negotiations were pursued with Barclays Bank, which was prepared to underwrite Lehman’s debts; but it needed a waiver from British regulators of a rule requiring shareholder approval. Negotiations continued until the market was getting ready to open in Japan on Sunday, but UK Chancellor of the Exchequer Alistair Darling would not give the necessary waiver. He said something to the effect that he did not want to infect Britain with America’s cancer. The sentiment was understandable, but the question was, why did he wait until it was too late for the Treasury or the Federal Reserve to move in with other arrangements?
The issue takes on more significance in light of the fact that Chancellor Darling played a similar role in another 9-11 collapse the previous year. On September 11, 2007, frantic customers were lining up outside Northern Rock, the UK’s fifth largest mortgage lender, in the first British bank run in 141 years. The bank’s shares plunged 31% in a single day. Like the collapse of Lehman Brothers in the U.S., the bankruptcy of Northern Rock changed the rules of the game. Britain’s major banks too would now be saved at any cost, in order to avoid the loss of customer confidence, panic and bank runs that could precipitate a 1929-style market crash.
With Northern Rock, as with Lehman Brothers, Alistair Darling could have saved the day but backed down. Northern Rock had a willing buyer, Lloyds TSB; but the buyer needed a loan from the Bank of England, which the Bank’s Governor, Mervyn King, had denied. Darling was advised by his staff to overrule the Governor and grant the loan, but this would have cost political capital for UK Prime Minister Gordon Brown, who had been widely lauded for giving the Bank of England its independence in 1997.

Based upon the blackmail of Congress in October 2008, combined with the subsequent "Stimulus Bills" and literally trillions of dollars drained from the U.S. taxpayer in following years, the collapse of Lehman was engineered as a highly visible collapse to shock the U.S. public into bailing out the banking sector. Similarly, the collapse of the World Trade Center Towers and attack on the Pentagon on 9-11-2001 was used to justify the expenditure of trillions of dollars on the operations of America's military industrial complex and Israel in the Middle East. According to Paul Joseph Watson in his article "Cost Of Bailout Hits A Whopping $24 Trillion Dollars $80,000 for every American," 30 July 2009, PrisonPlanet.com:

According to the watchdog overseeing the federal government’s financial bailout program, the full exposure since 2007 amounts to a whopping $23.7 trillion dollars, or $80,000 for every American citizen.
The last time we were able to get a measure of the total cost of the bailout, it stood at around $8.5 trillion dollars. Eight months down the line and that figure has almost tripled.
The $23.7 trillion figure comprises “about 50 initiatives and programs set up by the Bush and Obama administrations as well as by the Federal Reserve,” according to the Associated Press.

One reason why Capt. May, myself, and other anti-false flag activists were so concerned about a false flag nuke going off in American city in the years leading up to the Lehman Brothers collapse is that we believed this was the "preferred alternative" by members of the top establishment to "justify" a wealth transfer of trillions of dollars in bailout "stimulus" as opposed to throwing a firm like Lehman Brothers under the bus. After all, they murdered 3,000 Americans on 9-11-2001 to make score more money, not to mention killing over a million more people between Iraq and Afghanistan from combat, bombings, depleted uranium and other causes, so what would it matter if another 20,000-30,000 Americans got sacrificed on American soil?
Fortunately this probable "preferred alternative" got thwarted, and so high level manipulators sacrificed one of their own instead on 9-11-2008.
The Israeli dissident Israel Shamir wrote an excellent article “Hang ‘Em High!” about the nature of the “scum” that Max Keiser referred to in his French 24 TV interview:

Seven years after 9/11, we witness another, greater and even more enjoyable collapse, that of the American financial pyramid. It took some twenty years in building; its collapse took only a few weeks. Let us cut the hypocritical crap: this was a wonderful show, no ifs, ands or buts. The US stock markets boomed when they bombed Baghdad and Belgrade, they prospered when they robbed Moscow and squeezed sweat from Beijing. When they had it good, they had plenty of money for invading Iraq, threatening Iran and strangling Palestine. In short, when it was good for them, it was bad for us. Let them have a taste of their own medicine!
"They" are not the Americans, and "we" are not the rest of the planet. "They" are a small sliver of the American population, the get-rich-quick crowd from the East Side of Manhattan and similar places. The last twenty years witnessed a great shift of money upwards, to a smaller and smaller pack of greedy beasts. While the majority of Americans lost the ability to send their children to universities, these fat cats bought themselves villas in Florida and houses in Tel Aviv. Worse, they spent their billions buying up the media in order to subvert American democracy and send American soldiers to fight wars in far-away places. A big part of the stolen money was siphoned off to Israel, where apartment prices went through the roof and are still rising.
They had it good; they were proud that the financial charts of the US and of the world were drawn up in a small room by Henry Paulson of the Treasury, Ben Bernanke and Alan Greenspan of the Federal Reserve, by Maurice Greenberg of A.I.G. They built their world surrounded by Lehman Brothers, Merrill Lynch, Goldman Sachs, Marc Rich, Michael Milken, Andrew Fastow, George Soros, et al. Their exciting new world of Lexus and Nexus was glorified by Tom Friedman of the New York Times. They gave the Nobel Prize in Economics to Myron Scholes and Robert C. Merton, proud board directors of the now infamous Long Term Capital Management hedge fund that was bailed out by the Federal Reserve Bank of New York to the tune of $3.6 billion. President Bush rewarded them for their unaccountability by releasing them from the burden of taxation. Let them pay now for all the fun they had.

 

Before anyone can fully understand the origins of 9/11 and other false flag operations, it is critical that they first understand a long history of nefarious tactics used to hijack America's financial system by the Rothschilds, Rockefellers, Schiffs, Morgans, and other elite crime families covertly at war with the American people.
These tactics were the moral equivalent of violent flag events like New York 9-11, Madrid 3-11, and London 7-7. In fact, they challenge us intellectually to develop a broader, deeper, and more abstract conception of the false flag attack as an ultimate form of corrupt manipulation of society by ruthlessly monopolistic special interests.
This conception can include "sugar" false flag operations that deceive the public with contrivances that are "too nice" as opposed to too violently horrible. The Federal Reserve is an excellent example of this phenomenon, where it can artificially stimulate stock market booms and speculative business activity by arbitrarily dropping interest rates and increasing the money supply. This is the "too sugar sweet" phase. Members of the power elite with advanced inside information can easily surf the speculative waves generated by the Fed to acquire greater riches. However, artificial booms always result in busts, and this is where naive members of the general public get caught holding the bag.

There is a very important benchmark that we always need to keep in mind when discussing financial system manipulation. This is the “value war” concept promoted by certain business simulation "war gamers" such as Advanced Competitive Strategies.
This is the idea that over the very long run, the only businesses that thrive are those which can offer products or services with a superior ratio of quality and utility to price (the "Q-P ratio"). In the long run, the free market wins out over government and central bank intervention and manipulation. In the long run, real economic growth is more about adapting new technology, improving the Q-P ratio of manufactured products across the board, and increasing the quality and skill level of the work force that ultimately drives all of the above. A country with responsible leadership does not allow short term expedient practices such as scoring quick profits from financial manipulation or the outsourcing of critical industry to cheap Third World labor to override the aforementioned long run objectives. Those companies --or for that matter entire countries-- that are incapable of continually innovating and reinvesting in themselves to provide products or a product mix which offer a superior ratio of quality to price eventually fall by the wayside.

This is an iron rule of economics. All forms of government and private bank interventionism in the economy that violate this rule will fail in the long run. All forms of union feather-bedding and stock price manipulation by pump-and-dump schemes on Wall Street that violate this rule will also fail in the long run as well. All ideological approaches, be they "anarcho-libertarian," "Marxist," or "national socialist" or whatever, that ignore this rule will fail in the long run as well.

Last, but not least, any immigration policy that dilutes a core population with a naturally high percentage of innately intelligent, technologically adapted people with a high percentage of innovators and early adopters will also fall by the way side. America has been cutting its own throat in this regard by promoting social policies that have caused its Nordic-Celtic population to go into continuous decline as a percentage of the overall population since 1861, as documented in books such as The Passing of the Great Race by Madison Grant or The Dispossessed Majority by Wilmot Robertson.
Surviving the long term "Value War" is not easy. In Part Four of my online ebook I, Robot Entrepreneur, I talk about how the payback period for a new floor cleaning robot might be roughly five years out compared to a more immediate human labor alternative such as hiring a low cost illegal alien immigrants. It takes considerable foresight, intelligent planning, self-discipline, and industrial expertise to successfully execute these types of business plans, but in the long run, those who can successfully execute them will become the winners, whereas every competitor who cuts corners for the quick and easy profits, such as through always outsourcing to Third World cheap labor, will fall by the wayside.

Unfortunately the general public is the victim of deception on many levels. They are misinformed by controlled national media to believe that short term, expedient, manipulative approaches that yield quick profits for insiders are just as good as proven long term strategies. Appearances and style triumph over substance. This is the intellectual equivalent of replacing nutritious food with junk food. This deception is also the business press version of Info War.
Somehow after all the pitter-patter, sleight of hand, and rah-rah from Jewish-controlled media like The New York Times, the Washington Post, and CBS, the once highly productive white middle class gets ever smaller and poorer, and the Zionist plutocracy gets ever richer, more arrogant, more dangerously abusive, and more prone to run false flag attacks to manipulate the masses.
Deception and distortion even applies to academia. When I was a college undergraduate in the mid-1970’s, I took courses in macro economics whose text books glibly assumed that America in peacetime could never function properly without continuous massive interventionism by both Big Government and a Big Central Bank.
Similarly, when I attended the Harvard Business School (class of 1984, appropriately enough) and took a course titled "Business, Government, and the International Economy," no instructors or fellow students openly suggested that there might be something fundamentally wrong with the Federal Reserve Banking System, not to mention something fundamentally "conspiratorial," "criminal-parasitic," or even darkly "evil" about its founders and perpetrators. (Not a huge surprise given that as much of a third of the faculty at various colleges at Harvard University are Jews, and most Ivy League institutions have been heavily endowed by Jewish money. Furthermore, as one can tell from my Rev Ted Pike or Michael Collins Piper archives, Jews can be extremely nasty and underhanded people for any academics to lock horns with publicly --just ask professors Mearsheimer and Walt).
Needless to say, my false flag-oriented perspective is currently not widely shared by the faculty at Harvard, or at least not openly at this time. However, if one knows where to look, one will find that even back in the 1980's there were voices in the wilderness trying to shine a light on malefactors, even if they could only publish enough insights in Jewish-influenced media to outline them in silhouette.
One example is the article "Managing our way to economic decline" by professors Hayes, R. H. and W. J. Abernathy, 1980 Harvard Business Review (July-August): 67-77. James R. Martin provided the following abstract which demonstrates how the the "handwriting was on the wall" as far back as nearly three decades ago:

The purpose of this paper is to describe and explain the reasons for the decline in competitiveness of U.S. corporations from around 1960 to 1978. The authors provide statistics to show how U.S. manufacturing productivity growth lagged behind the productivity gains of other countries during this period, e.g., U.S. 2.8% compared to Germany's 5.4% and Japan's 8.2%. They also show how research and development expenditures in the U.S. by both business and government measured in constant dollars declined since the mid 1960s. Their main argument or explanation for this decline is that American managers "have abdicated their strategic responsibilities" as indicated by their attitudes, preoccupations, and practices. Hayes and Abernathy refer to this as "the new management orthodoxy".

In the 1960's and 1970's, Milton Friedman threw a few marsh mellow punches at the Fed. As a Nobel Laureate, head of the "Chicago School" of monetarists, and "member of the (kosher) tribe," he led the only highly reputed "controlled opposition" that could get past Jewish gatekeepers to publish in mainstream media.
Friedman noted that the American economy actually consists of many different economies broken down by industry groups and geographic regions. They often run counter cyclically relative to each. Hence, a "one-size-fits all" policy where the Fed sets interest rates and money supply growth targets on a national level is overly simplistic. Furthermore, it is often too hard for any central banker to time a complex economy in order to appropriately time "stimulus" or "tightening." Quite often central planners do not know that America is headed towards a recession until we are actually in one, and by then we may be on the road to recovery without any central bank interventionism. Friedman suggested putting many Fed policies such as money supply growth on auto-pilot, such as growing the money supply at about 4-5% a year.
Friedman provided many valuable insights, but he hardly made a frontal attack on all the philosophical assumptions behind America's central bank and its closely allied fractional reserve banking system.
Interestingly, there was another Jewish intellectual during this period named Dr. Murray N. Rothbard (1926-1995) who did make this attack. Rothbard went so far as to state that American would be much better off without any central bank or any fractional reserve banking system at all. He argued that these things are actually harmful in a peacetime economy. They only benefit a tiny, specially privileged power elite who have fastened these evil systems on America for their own selfish rent-seeking purposes. Furthermore, they encourage corrupt practices and grow them like cancers in American society.
Predictably, although Dr. Rothbard ranked as one of the most important leaders of America's modern libertarian movement and revitalized "Old Right," he was generally ignored by mainstream media. This should not be a big surprise since national media leaders and leading journalists attend the same Bilderberg, CFR, Trilateral, and other elitist conferences as David Rockefeller, the Rothschilds, and other malefactors who draw their sustenance from the central bank and fractional reserve banking systems. Don't forget that former CIA Director William Colby once commented that every major journalist of note in America is controlled by the CIA, which really means Mossad-CIA, which in turn really means the Bilderberg-Rothschild-CFR-Federal Reserve-Fractional Reserve Banking System "eastern establishment" and all those ""pointy-head college professors who can't even park a bicycle straight." (in the immortal words of former Alabama Governor George Wallace) and crooked politicians (most of Congress) kept in line by their donations.
Because he married a Christian wife, Rothbard was even excluded from the inner circle of Jewish atheist Ayn Rand, unlike future Fed Chairman Alan Greenspan who wrote the famous libertarian article "Gold and Economic Freedom." Poor Dr. Rothbard, this was an extra slap in the face for a fellow New Yorker and libertarian leader.
So now the reader understands why Dr. Murray Rothbard is one of the few Jewish renegades and intellectuals who I can actually respect and admire. But more than just sympathizing with the unjust rejection that he received, the reader must understand that what Rothbard was trying to tell the public was more than just academic. Once you accept Dr. Rothbard's economic and historical analysis, it becomes very clear that (at let me emphasize in boldface) Americans have been false-flagged, lied to, and cheated out of an honest money system through a long term seduction process. The 9/11 "inside job" decoy operation was simply a more violent and overt version of the moral violence already done to Americans on more subtle "inside job" level over the prior century and a half by big money center bankers and their corrupt allies. This is also a point hammered home in the outstanding video The Money Masters that I will cover later in this chapter. Last, but not least, Dr. Rothbard's analysis helps the reader understand why Max Keiser is correct that the leaders of Goldman Sachs are complete scum, and the October 2008 Wall Street coup de etat against America was a totally unforgivable outrage against the American people.
Dr. Rothbard charged that by artificially adjusting interest rates, the Fed grossly distorts the "structure of production,""time preference," and other dimensions of efficient entrepreneurial calculation within the America economy.
In addition, the Fed's ability to grow the money supply in secrecy comprises a horrendous form of taxation without representation. After all, money supply growth inevitably translates into inflation, which in turn comprises a hidden form of taxation.
The Fed stopped reporting M3 money supply growth to Congress in 2006, putting an end once and for all to the charade that it was somehow effectively controlled by Congress. Bear in mind that only Congress is authorized by the U.S. Constitution to regulate the coinage of money. Congress foolishly abdicated that authorization in 1913 when it created the Federal Reserve.
Thomas Jefferson and many other founding fathers believed that a central bank is only justified as a last ditch effort to finance wars when national survival is at stake. Jefferson was very hostile to the idea of any form of peacetime central bank. So was President Andrew Jackson, who almost got assassinated by a Rothschild agent on account of his strenuous efforts--which fortunately proved successful-- to eliminate America's third experiment with a central bank.

A key point of this chapter is that when we approach the concept of the false flag operation on an abstract intellectual level, the Fed Reserve Banking System and its Wall Street allies qualify as continuing false flag operations against America. They pick America's pocket while misdiagnosing America's real economic problems.
On the most basic level, the Fed is a "fiat money" machine, and there is plenty that is wrong with just this alone on a purely philosophical level.
The great French philosopher Voltaire once commented that "fiat" or "command" money always returns to its intrinsic value --which is nothing (the value of the paper a totally debauched currency is printed on). "Fiat money" is money that is unsecured by any tangible asset such as gold or silver. It can be created out of thin air as easily as printing up notes.
What Voltaire was really saying is that history shows that giving central bankers and politicians the power to issue fiat money is like giving access to an unlimited supply of booze to alcoholics. At a minimum, this is not a power to be handed over lightly to anybody, and certainly not on a permanent peacetime basis to the revolving door of political hacks and Zionist cronies one experiences in a corrupt democracy steered by Jewish controlled national media.
The ultimate danger, as I cover in my centralization vs. decentralization article, is that eventually the proverbial tail wags the dog. Rather than use the power to print money as a last ditch resort, it becomes a first resort. Politicians and central bankers start to invent programs that "justify" printing ever more money. Their ability to spend becomes a power drug, and they become junkies. They even start promulgating unnecessary foreign wars, Rube Goldberg "domestic improvement" projects, vote-buying pork barrel spending, and myriad other horrendous forms of waste.
All this contrasts sharply with the "free money" system used by most Americans during many periods of colonial history and most of the early 19th century. What this meant is that Americans were free to use whatever they wanted for legal tender. This included Spanish and French gold and silver coins as well as U.S. dollar notes, which were backed up by grains of silver in the 1792 coinage act.
One of the ironies of a "free money" system is that while on the surface it may sound "anarchistic, " in reality history has demonstrated that it tends to evolve into the most conservative and strait-laced of all financial systems. When the common people are able to exercise their free will, they tend to gravitate towards gold and silver-based forms of money. This is because mines are generally incapable of growing the global gold and silver supply more than about 4% a year, and furthermore, for thousands of years of practical experience, gold and silver have always emerged as the best forms of money on account of their special characteristics. (For a more detailed discussion, please see my 2004 series that starts with: "The Dual Nature of Gold and a Mystery")
In contrast, a central bank system, which sounds on the surface like it is the most "controlled," "scientific," and "progressive" approach of all, is in reality the exact opposite. Central banks have always tended to debauch their currencies and create underlying social conditions for increased political anarchy and moral disorder. Since its inception, the Federal Reserve in 1913 has debauched over 98% of the value of the dollar, and it currently looks like this trend will not stop until the dollar reaches zero.

In plain political terms, what it means to do away with a central bank and fractional reserve system is that the control of money and credit is kept out of the hands of politicians and big money center bankers. Control of money and credit is completely decentralized and kept in private hands. Just like alcoholics who cannot get their hands on booze, there is no longer any temptation for politicians and central bankers to turn into wag-the-dog junkies who manipulate money and credit as self-serving ends in themselves.
Dr. Thomas DiLorenzo, another libertarian author, claims that many academic studies show that the American economy performed very well in the 19th century under free money circumstances, where popular choice often dictated that the dollar remain easily exchangeable with gold and silver.

In addition, Dr. Murray Rothbard explained that the old, relatively decentralized free banking system of the 19th century which allowed local banks to fail actually worked pretty well, all considering. It punished local bankers for their incompetence and cleared out economic distortions at the local level rather than allowing their bad lending decisions to continually accumulate upwards at higher and more centralized levels --leading to the kind of systemic overall financial system blow out we face today. It also prevented fractional reserve lending from getting too leveraged, as it is today.

According to Dr. Rothbard, most Americans were able to devise personal financial asset safekeeping strategies that easily compensated for bank failures, which never amounted to more than 1-2% of all banks in a given year. They usually kept their money deposited in different banks or hidden on their property in the form of gold and silver coins or notes tied to these metals. Since under the old financial system the value of the dollar appreciated by about 50% between 1813 and 1913, keeping a little money stashed inside the mattress was actually a good idea.
Banks were vastly more conservative in this era, rarely lending out more than about two to three times as much as they took in with deposits, compared to over ten times today. They were also less capable of manipulating the financial system. In contrast, the very highly leveraged fractional reserve system we have to today makes it relatively easy for banks to manufacture artificial booms and busts through changes in their lending policies. The video The Money Masters, which I cover in detail later in this chapter, describes historical cases where major money center bank tried to deliberately create "false flag" artificial busts to scare the public into supporting the creation of a privately owned central bank.

The common man generally liked the old free money system because it helped bring stability and prosperity. The relative size and prosperity of the middle class steadily grew in the 19th century. By 1900, the average working man could afford live in a nice house and support a wife and large family. America had a larger industrial base than England, Germany, and France combined, and the average worker earned more than twice his European counterpart. For reasons I do not have the space to get into here, various economic and political philosophies behind the "free money" system and "nationalism" worked together in the 19th century to promote industrial reinvestment in America plus empowerment of a growing white middle class. There were also important racial and ethnic factors behind the continued growth and prosperity of the middle class in the 19th century, to include the Protestant work ethic practiced by what was once the overwhelmingly WASP population.
During the 19th century, there were also many very powerful special interests lurking like vultures in the background who hated the "hard money" and "free money" systems and "America First" nationalist economic policies that characterized the "old America." They sought to change everything. Like a python patiently constricting its victim, they very gradually and incrementally started to drive out the free money system and impose fiat money run by a privately owned central bank in its place.

When camouflaged "Money Trusts" managed to cleverly sneak the Federal Reserve Act through Congress just before Christmas break in 1913, the "python" interests finally got their dreams fulfilled. After a very long campaign, they finally succeeded in driving out gold, silver and other forms of money as serious competitors to their fiat money and fractional reserve schemes run by a privately owned central bank.
At this point, let me deliver some punch lines to give the reader an idea where I am going with the rest of this chapter.
The Fed itself is like a giant, ongoing false flag operation. It was created through behind-the-scenes intrigues with strong conceptual similarities to the openly violent false flag operation we saw on 9/11.
The Federal Reserve Banking System is built upon lies and hence Info War. It has done the exact opposite of every promise made during its creation in 1913. Instead of stabilizing the currency, the dollar has lost over 98% of its value. In contrast, during the preceding one hundred years from 1813-1913, when America went for long periods without a central bank, the dollar appreciated by about 50%, despite inflationary periods during the War of 1812 and War Between the States.

The Fed is against honest disclosure. It has successfully fought every serious effort to open itself up to a full scale audit since its creation in 1913.
The Fed is privately owned and hence serves a specially privileged power elite at the expense of America society. You will not find it listed in any government telephone book pages anywhere in the country. It primary owners are Jews, many of whom are foreigners.
The Fed is based upon the principle of taxation without representation. It makes its decisions to increase the money supply behind closed doors. It stopped reporting M3 money supply growth to Congress outright in 2006, although it had always been cagey about such things since inception. In the long run, money supply growth directly influences the rate of inflation, which in turn is a form of hidden taxation. Inflation robs Americans of their purchasing power every bit as much as a direct tax.
The Fed has been promulgated through continuing subversion. As one example, Jewish allies of the Fed accomplished a silent coup de etat within America's leading colleges and universities in the 1930's. The book Keynes at Harvard (now available online), published in the early 1960's by the Harvard Veritas Foundation, explains a campaign to aggressively weed out college professors who advocated traditional American conservative political economy in order to replace them with pro-Big Government and pro-Big Central Bank cheerleaders --all friendly to the Rothschilds and other elite Jewish private central bankers.
The Fed is more than just a fiat money machine. It is also a war machine masquerading as a peacetime institution. Without the Fed, it would have been vastly more difficult to finance wars promulgated by the Jewish lobby, such as America's intervention in WWI following the Balfour Declaration where the British government agreed to give Jews entry into Palestine in return for their national media services in bringing America into the war on their side. The Fed currently plays a vital role to finance America's global hegemonic military support for the Jewish state.

The Fed is also a giant lever bar for mass social control. The Zionist power elite has exploited its financial system control to convert the American republic into an oligarchy and plutocracy. They have made America their riding horse to create what Michael Collins Piper calls (as suggested by the titles of two of his books) The New Jerusalem and The New Babylon.
The Fed is also a virtual reality machine that powers "the Matrix" in the sense that it feeds inside information profits to Zionist Wall Street insiders who then use their raw financial muscle power to grab control of national media and wage Info War against the American public, ultimately turning all traditional American conservative values on their head.

The Fed is also tool of fourth generation warfare. Just like the Mongols perfected the compound bow and horseback tactics to conquer their enemies, the Jews have perfected covert operations and the establishment of privately owned central banks and allied international capital groups (to include hedge funds and global "investment" firms) in order to infiltrate and gain control of the strategic bases of countries around the world. The Mossad, assisted by millions of sayanim around the world, comprises the most fierce some espionage organization known to man. It is also the most admired organization in Israel, according to Victor Ostrovsky in By Way of Deception, and effectively runs the country behind the sham curtain of "democracy."
There is another interesting analogy involving both horse-mobile Mongols and covert Jews. They both comprise forms of asymmetric attack that continually hit their opponents in ways that the defenders were unable to provide head-to-head resistance.
Due to the superior range and power of their compound bows, horse-mounted Mongols would typically surround and swarm around their enemies and pick them off at long range. They would retreat whenever their enemies counter-attacked, while continuing to pick them off at long range. ( Interestingly enough, very similar stand-off range "swarm tactics" were used by the Indians who defeated the British and their American militia allies at Braddock's Defeat, by the Overmountain Men who defeated the British at the Battle of King's Mountain, and by the resistance fighters described by Che Guevara in his classic work Guerilla Warfare).
When the Mongols invaded Poland and Hungary in the 13th century, they wiped out two large European armies that tried to oppose them in open battle. They had already destroyed several Russian armies and destroyed all but two Russian cities. Many historians believe that it was only because of the chance death of Ogedei Khan, the arch-Khan in Mongolia, that the Mongol commander Batu Khan decided to call off the European invasion and return home, leaving much of Eastern Europe depopulated and in ruins. The YouTube documentary "Mongol Invasion of Europe -Part 4" claims that many Europeans continued to delude themselves about the full nature of this Mongol threat for a long time thereafter.
Similarly, it has now been nearly a full century in which Jews --as the "Mongols of high finance" and covert forms of fourth generation warfare --have fairly openly run key strategic bases of American society such as central banking, major national media, and government. Whereas the Mongols developed an effective form of overt, mobile, 4th generation warfare, and many Europeans still "didn't get it," Jews developed a covert form of 4th generation warfare, and after nearly a century of invading America under false pretenses, most Americans still "don't get it."
The New Babylon by Michael Collins Piper is filled with quotes that describe many forms of high level Jewish plutocratic infiltration of America. For example, on page 168 he quotes the famous auto maker Henry Ford in "the Jewish Idea of a Central Bank for America:"

The Federal Reserve System is a system of private banks, the creation of a banking aristocracy within an already existing system of aristocracy, whereby a great proportion of banking independence was lost, and whereby it was made possible for speculative financiers to centralize great sums of money for their own purposes, beneficial [to the people of the United States] or not.

According to Piper on the same page, as early as 1841 Alexandre Weill wrote an essay entitled "Rothschild and the Finances of Europe" where he said:

There is but one power in Europe and that is Rothschild. His satellites are a dozen other banking firms; his soldiers, squires, all respectable men of business and merchants, and his sword is speculation. Rothschild is a consequence that was bound to appear; and, if it had not been Rothschild, it would have been someone else. He is, however, by no means an accidental consequence, but a primary consequence, called into existence by the principles which have guided the European states since 1815. Rothschild had need of the states to become Rothschild, while the states on their side required Rothschild. Now, however, he no longer needs the State, but the State still has want of him.

Global Jewish power has only grown since 1841, and has accomplished the "controlled demolition" of much of our Constitutional republic and economy from within. Despite all of this, I doubt that even a small fraction of all personnel within the U.S. Department of Defense, NSA, FBI and CIA fully comprehend the social, political, cultural, racial, and ideological nature of this threat.
My own personal experience undergoing a "thought crime" Board of Inquiry in 1990 based upon off-duty private conversations bears this out. More recently, the 9 Dec 2009 article "Ha'aretz says U.S. officials face 'pro-Israel' background check" by Professor Stephen M. Walt provided additional evidence when he stated "There is an amazing story in Ha’aretz today on the `pro-Israel' litmus test that determines who is permitted to serve in the United States government. Here’s the sort of lede you’re not likely to read in the New York Times or Washington Post:"

Every appointee to the American government must endure a thorough background check by the American Jewish community. In the case of Obama’s government in particular, every criticism against Israel made by a potential government appointee has become a catalyst for debate about whether appointing “another leftist” offers proof that Obama does not truly support Israel.”

This is clearly an example of control of a "strategic base" within American society.
The key problem with the Fed is that all the legs it stands on --fiat money, aggressive fractional reserve lending, crony capitalist bailout, and the continual buy-off of national media, government officials, and academics -- are all inherently unstable. Worse yet, over time they parasitically corrupt and degrade productive society.
The Fed is a major reason why national, corporate, and personal debt are skyrocketing out of sight in America. The Fed encourages risky lending through its staunch support of aggressive fractional reserve bank lending practices.
The Fed creates enormous "moral hazard" by bailing out not only reckless and incompetent banks, but also gun-slinging hedge funds such as Long Term Capital Management.
The Fed is a major reason for continued growth of unregulated derivatives that ace investor (and Rothschild confederate) Warren Buffet once called "Weapons of Mass Financial Destruction." The Fed has adamantly refused to regulate derivatives, since they are so highly profitable for closely allied major Wall Street banking firms, and also constitute a major way to transmit short interest rate manipulation by the Fed out long term bond yield curves. (See my June 2003 article "Amidst Bullish Hoopla A "Behind the Curtain" Look at Fed Desperation and Intervention Wizardry" for more details).
Don Wassall, publisher of The Nationalist Times, observed in his 28 Oct 2009 letter to readers:

Worldwide, the fraudulent derivatives and hedge funds are estimated to involve anywhere from $600 trillion to $1 quadrillion ($1,000,000,000,000,000.00!) in non-existent "assets," or some ten times the value of the world's real assets. The "casino capitalism" of the past two decades has consisted primarily of criminal con games and pure greed rather than the accumulation of wealth through saving a producing. And now the gig is in serious trouble, done in by the sheer size of the Ponzi schemes being run.

Last, but not least, by artificially suppressing interest rates and manipulating precious metals markets --not to mention its use of a "Plunge Protection Team" to manipulate entire stock markets --the Fed has provided primary rocket fuel for speculative finance. It polices have encouraged the off-shoring of most of America's industrial base and its replacement with a much more unstable and less productive service economy. This service economy is incapable of creating enough quality tradable goods to enable America to earn its way in the world. Instead, America tries to maintain "the style of life to which it is accustomed" through borrowing. America's chronic balance of trade deficits are a major factor behind the dollar's continual weakening around the world.
The fact that the financial system fostered by the Fed is so inherently unsustainable and parasitic over the long run is a key reason why the power elite felt desperate enough to resort to a "distracter" like the "9/11 inside job," followed by aggressive wars in the Middle East and martial law preparations at home. From the viewpoint of an "Austrian" or libertarian economist like Dr. Murray Rothbard, the "9/11 inside job" concept reflects an ultimate form of corrupt, economic "rent seeking" within a society, just like the Federal Reserve System itself.


One could argue that this is one of the most important chapters in this entire Mission of Conscience series. It is the perfect intellectual "rabbit hole" into all the broader and deeper social, political, economic, and historical issues that led to 9/11 and the threat of repeat false flag attacks.
This is an area where I have personally enjoyed success in making predictions, just as Capt. May has had success in predicting explosions or attempted WMD incidents in the Houston Terror Triangle area. It is also an area where I was initially victimized by the Wall Street version of "Info War."
I worked for ten years as a stock broker. My first five years in the business, where I was dependent upon major Wall Street research and Wall Street products, were a total nightmare. I started with Dean Witter, which morphed into Morgan Stanley. Most information fed to me by major Wall Street firms was disinformation. I ended up getting bushwhacked by highly manipulated markets, such as the gold and oil markets in the late 1990's which both grossly violated all supply and demand fundamentals. Despite blaring "Strong Buy" ratings when gold and oil commodity prices had sunk to 20 year inflation adjusted lows, the prices of both proceeded to sink even further to 50 year inflation adjusted lows in the late 1990's. I now have hard evidence that all of this was the result of major market manipulation, but no major Wall Street research warned me of this underlying reality. I ended up losing money for my clients, members of my family, and myself despite considerable hard work and good intentions.
Interestingly enough, in April 2003, ten leading Wall Street firms, including Morgan Stanley, made a $1.4 billion global settlement with the SEC, NASD, NYSE for defrauding investors. These firms also shamelessly misled their own retail brokers like myself. In 1995, when research analysts predicted that tech stocks would maintain their momentum, they tanked, but then a few years later they kept going to the moon with the Internet and telecom bubbles.
I suspect that part of the reason why the price of oil was driven into the dirt in the late 1990's is that high level insiders were "position-buidling" during this period, knowing full well that 9-11 would take place, and that the subsequent American invasions of Iraq and Afghanistan could be used as a pretext to drive oil prices to the moon.
During my last few years as a broker I stopped looking at major Wall Street research. I started relying on my own research over the Internet. I also started to dissociate from Wall Street products such as mutual funds, unit trusts and "hot IPO's." Instead, I put more emphasis upon making direct contact with industry insiders I met at trade shows. I also focused upon finding situations where I could find evidence that market manipulation was losing traction.
My new approach proved to be a big a success. I successfully called many important market trends on target in published articles at major financial sites on the Internet, and made good money for my clients. As examples, in 2002 and 2003 I successfully identified the fact that a long term bear market in the dollar was under way. In March 2004, when gold was $400 an ounce, I accurately predicted in an article published at major financial sites on the Internet that within five years gold would reach $1,000 an ounce. I also successfully called the long term bear market in the stock market. Lastly, I created a marketocracy "buy and hold" portfolio that has appreciated over 80% over the last few years.
Interestingly enough, in 1999 while I worked at Morgan Stanley, the CEO Phil Purcell gave a talk where he described a study of predictions made by "bond experts" in The Wall Street Journal. Most of them were wrong most of the time both in terms of the magnitude and direction of their forecasts.
Similarly, the Forbes columnist and investment manager Ken Fischer developed a contrarian system he described in articles published in 2002 in which he found that over a ten period the stock market was most likely to perform in whatever manner the "experts" quoted in major financial media did not predict. He actually plotted their predictions based on a scale ranging from about a possible -30% expected rate of market rate of return for the year ahead to a potential +30% and showed the results over time. The "experts" usually got it wrong most of the time.
An important reason why the so-called "experts" get it wrong so often is because both the financial system and corporate media are totally corrupt. They are led by malefactors who deliberately promulgate disinformation and "Info War." Furthermore, events are often triggered by covert manipulation --to include "false flag" operations-- rather than by any kind of honest political process or free market system. In fact, taking it a step further, the corrupt power elite want the "experts" to continually deceive people at lower levels, for the same kind of reason that a trader cannot dump his speculative positions unless suckers have been brainwashed into buying them from him. Furthermore, the power elite by its very nature has to habitually surround itself with smoke and mirrors or else more people like Max Keiser will see them for the scum that they really are.


In regard to my work with Ghost Troop, we recognized the extreme seriousness of the Wall Street shake down of Congress in October 2008, and how all this dovetailed with America's continuing foreign policy crisis in the Middle East and the repeat 9/11 false flag threat.
We issued the following alert, which I have reproduced in its entirety to show how the foreign affairs crises, national martial law preparation, and the domestic financial meltdown were not only taking place simultaneously --but were interconnected.

Image courtesy of tvnewslies.org

Vigilant Shield
and
Jokers Gone Wild

— A Hot-Cold-Silent War False Flag Alert —

Lt. Col. Guy S. Razer
Maj. William B. Fox
Dr. James H. Fetzer
Capt. Eric H. May
SFC Donald R. Buswell

October 9, 2008

Lt.Col. Guy Razer

In prior alerts, we felt it our public duty to identify strategic-scale disaster response exercises. These military style operations have an inherent potential to be covertly hijacked and turned into false flag operations. The 9-11-01 World Trade Center attacks and the 7-7-05 London subway bombings employed concurrent major exercises that “went live”!
Operation Vigilant Shield, running from Nov 12-18, 2008, is much too big to ignore, as it will link multiple concurrent exercises including USSTRATCOM Global Lightning 09, Bulwark Defender 09, Canada Command Determined Dragon, California National Guard Vigilant Guard, and State of California Golden Guardian. Unfortunately, according to USNORTHCOM, specific information about Vigilant Shield scenarios will not be available for weeks, permitting less time to analyze the situation.
Once an urban area has been designated an exercise target, that designation increases its odds of actually experiencing a future false flag attack. It takes considerable resources to corrupt an area, and false flag insiders like to get a return on investment. Since Houston, Chicago, Portland, Seattle, and Phoenix have already been “prepared” in prior exercises, they remain especially vulnerable. In addition, Vigilant Shield will probably add new areas in northern California to the potential target list.

Maj. William Fox

Jokers Gone Wild

The recent $700 billion Wall Street bailout underscores America’s walk along an abyss at every level. Bush cabal neo-cons are committing ever more reckless acts as they see their time of formalized power drawing to a close. We have all heard and seen the continuous drumbeat of Iran-related war rhetoric, the evidence of U.S. involvement in the Aug 8, 2008 Georgian attack on South Ossetia, the cross border air strikes that infuriate Pakistanis, and the trampling of American civil liberties in preparation for a possible martial law clamp down. The situation has now become so unstable, and the pressures so great, that many leaders around the world think it is more a matter of when rather than if the U.S. will launch another aggressive war some time either before or after the 4 November presidential election. Iran, Pakistan, and Syria remain on the potential hit list.
The following are some indicators of unpredictable trouble ahead, or “jokers gone wild.”

Strategic Moves and Perceptions

• On 11 Sep 08, Russian President Dmitry Medvedev described the “unnecessary and unprovoked” U.S.-backed invasion of South Ossetia as “Russia’s 9/11." ¹ Russian leadership is also angered by the U.S. use of gunboat diplomacy in the Black Sea. ²
  
  
• Regarding Israel’s leadership changes, former Naval Intelligence officer Wayne Madsen stated on his 2 Aug 2008 talk show, “She (Tzipi Livni) is going to try to show her credentials on security, because Benjamin Netanyahu is now favored in the polls to be the next Prime Minister. He will attack Iran. He has made no bones about it.”³
  
  
• Sec of State Rice’s promotion of the US/India nuclear deal could be considered a dual purpose maneuver to both antagonize and frame Pakistan as the party responsible for a false flag catastrophe in a U.S. city.⁴
  
  
• The Netherland’s biggest newspaper, De Telegraaf, reported on 29 August that AVID, Holland's military intelligence service, has pulled back from covert operations inside Iran because it believes an American-led attack is imminent within weeks. ⁵
  
  
• Russian Duma Deputy Sergey Markov stated that an attack on Iran could take place to influence the outcome of the U.S. presidential elections. ⁶Conversely, former UN Ambassador John Bolton predicted that an attack on Iran will likely come after the November presidential election but before George W Bush's successor is sworn in. ⁷ This would enable the Bush cabal to provide false flag “training wheels” for an incoming president before he assumes official power.
  

Capt. Eric H. May

Operations as Prelude to Larger Wars

• Covert bombing operations can intimidate leaders and move the masses. The recent steady drumbeat of likely CIA-Mossad operations include the 9-17-2008 bombing of the American embassy in Yemen, the 9-20-2008 bombing of the Islamabad Marriott (narrowly missed killing Pakistan’s Prime Minister), the 9-27-2008 bombing in Syria (possibly killing a top Syrian intelligence official), and the 10-3-2008 car bomb in South Ossetia (possibly killing a very senior Russian officer).
  
  
• The Russians are currently conducting “Stability 2008,” a month-long exercise taking place through most of October. This is the largest exercise since the collapse of the Soviet Union. It features a nuclear war scenario between Russia/Belarus and America/NATO. ⁸ Russia has also deployed a significant naval force to the Caribbean in a show of support for Venezuela.⁹

First Ever Active Duty Army Tasking On US Soil

• “U.S. Army Troops To Serve As U.S. Policemen?” by Chuck Baldwin describes how the 1st Brigade Combat Team, 3rd Infantry Division is now under the direct command of USNORTHCOM. ¹⁰ The Bush assault on the Posse Comitatus Act of 1878 has cleared the way for a militarized “search and destroy” mentality to replace the more restrained and traditional “to protect and to serve” orientation of local police.
  
  
• On 18 Sept, the 1st Brigade Combat Team completed “Vibrant Response,” an exercise simulating a 10 KT nuclear weapon detonated in America’s heartland. USNORTHCOM told the Iconoclast this unit simply lends WMD-related expertise to local police. In reality their mission involves quelling civil unrest as well as responding to catastrophic man-made or natural disasters.
  
  
• Adding to martial law-related fears, presidential candidate Cynthia McKinney recently discussed evidence that the military suppressed knowledge of 5,000 “extra-judicial killings “ (murders) during the aftermath of hurricane Katrina. ¹¹
  
  
• Worse yet, U.S. Rep. Brad Sherman of California discussed the threat of martial law made to Congressmen during the recent bailout bill debate: “Many of us were told in private conversations that if we voted against this bill on Monday that the sky would fall, the market would drop two or three thousand points the first day and another couple of thousand on the second day, and a few members were even told that there would be martial law in America if we voted no. That is what I call fearmongering…"¹²
  
  
• Dr. Paul Craig Roberts, former Assistant Secretary of the Treasury under Reagan, told talk show host Alex Jones on 3 Oct that the bailout bill gives economic martial law power to the Treasury. ¹³
  
  
• The 8 Oct Wayne Madsen Report stated: “WMR has learned from knowledgeable Federal Emergency Management Agency (FEMA) sources that the Bush administration is putting the final touches on a plan that would see martial law declared in the United States with various scenarios anticipated as triggers. The triggers include a continuing economic collapse with massive social unrest…WMR has learned from knowledgeable sources within the US financial community that an alarming confidential and limited distribution document is circulating among senior members of Congress and their senior staff members…it reportedly states that if the United States defaults on loans and debt underwriting from China, Japan, and Russia, all of which are propping up the United States government financially, and the United States unilaterally cancels the debts, America can expect a war that will have disastrous results for the United States and the world.”¹⁴

Dr. James Fetzer

Other Social, Military,
and Economic Wild Cards

Fortunately we see evidence of high level U.S. military resistance to neo-con schemes. Former Central Command chief Admiral William Fallon was fired for his opposition to war with Iran earlier this year. ¹⁵ A revolt and push-back by Air Force personnel last summer may have prevented VP Cheney from executing a nuclear sneak attack. ¹⁶
Ironically, Russian monitoring of and reaction to US neo-con operations might also deter an attack on Iran or some other country. This may also help defend the American people against criminal war leadership.
The $700 billion taxpayer bailout of mortgage lending errors has all the earmarks of an “economic 9/11” inside job. It entails deliberate massive economic destruction that benefits only a privileged few at the expense of most Americans. It also involves deceit so extreme as to constitute a “silent war” against the general citizenry.
The central bankers who promulgated the mortgage bubble and bailout have been cut from the same cloth as the Bush Administration neo-cons. Just like the neo-cons who have waged wars in the Middle East to achieve short-term benefits for select Big Oil and Israeli interests, their counterparts on Wall Street have scored short-term profits by manipulating the financial system. In the last few decades, their greed has helped America eat its own seed corn by off-shoring over 75% of America’s industrial base.
Their controlled demolition of basic industry—the most productive part of the economy—has also destroyed much of the American middle class, the standard of living, and the value of the dollar. America has now become the greatest debtor nation in the world, highly indebted to foreigners such as the Japanese and Chinese. As foreigners increasingly balk at buying America’s burgeoning debt, the central bank must resort to higher rates of inflation to paper over shortfalls. Meanwhile, foreigners holding American debt become stronger relative to America. They are becoming the new wild cards in the determination of America’s destiny.
For more details on America’s distressed economic fundamentals, please see the Grandfather Economic Report.¹⁷ Ironically, false flag events were initially designed by neo-cons as a diversion to avoid taking blame for policies that have created economic havoc. If America experiences an economic implosion like the former Soviet Union, it will either no longer be able to afford to wage war, or its leaders will push for war as the only option for survival. This then will either dry up incentives to stage false flag attacks, or amplify their necessity.

SFC Don Buswell

Actions

A less painful route to restore a sane, stable, and productive America involves maintaining a free Internet at all costs. The free Internet not only provides Americans their best means to diagnose their problems, but also their most effective way to stop false flag terror. For more information about threats to a free Internet, please see The Rev Ted Pike Archive.¹⁸
In view of all of the aforementioned considerations, we believe that a “Red Alert” for the 12-18 Nov 2008 Vigilant Shield time frame, combined with a “High Alert” for the entire period from now until the official end of the Bush presidency on 20 Jan 2009, is fully justified. We remain concerned that Bush and Cheney will resort to extraordinary measures to insure their continuation in power. They may even use a false flag attack to suspend the Constitution while claiming that only they are capable of coping with a major crisis. Every one of us is obligated to resist by every means possible any efforts in this direction.

 

* * * * * * * * *

Lt. Col. Guy S. Razer is a retired U.S. Air Force Command fighter pilot. Dr. James H. Fetzer and Major William B. Fox are former U.S. Marine Corps officers. Dr. Fetzer is founder of Scholars of 9/11 Truth. Captain Eric H. May and Sergeant First Class Donald Buswell are former members of Army intelligence. For more articles about false flag terror, refer to the archives of Capt. May and Maj. Fox and the selected articles of Dr. Fetzer at www.americafirstbooks.com.

 

 

The Voice of Concerned Citizens: June 28, 2009, Part 1 of six in a series of interviews with author Eamonn Fingleton.

 

On 14 Dec 2008, the Jeff and Mike Show interviewed Capt. May and myself. We revisited the significance of the October financial coup de etat:

Maj Fox: I remember --I am old enough to know, back in the early 1980's seeing on the cover of Business Week magazine a picture of Uncle Sam holding a monkey wrench, and the caption was "the reindustrialization of America." Over the past few decades America has lost three quarters of its industrial base. If you subscribe to what Eamonn Fingleton said in one of his books In Praise of Hard Industries, you have to maintain heavy industry at about 30% of GDP to have a healthy economy, and what we have done is we have lost about 75% of that so that you can argue --I mean I do not want to go into too much depth on this show [because of its time constraints] -- but we have lost about 75% of our real economy. And part of that is because the people who run Wall Street and our economy are addicted to intrigue and financial manipulation. They are incapable of being like a Henry Ford or an Andrew Carnegie and creating real and useful products. So we have basically these financial speculation addicts who have been outsourcing our industry who have run our country into the ground, and they know it, and they have created a horrible mess with out of control Third World immigration, and they need something to cover their tracks, which means always trying to kick a mess upstairs, and war is a great way to do that. They are trying to distract the people with these wars in the Middle East. And they are hoping that all of this extra spending on the war, for example the invasion of Iraq and Afghanistan, which [Linda] Bilmes and [Prof. Joseph] Stiglitz claim will total over three trillion overall, they are hoping that the public will say, hey wait a second, with the zooming growth in [unregulated] derivatives [called "weapons of mass financial destruction" by Warren Buffet in 2003], the out of control government debt, the continuing chronic balance of trade deficits, all these horrible problems which would crash the economy anyway, they are hoping the public will say, "Oh, its that darn cowboy --actually he is from Connecticut-- but that darn shoot 'em up cowboy from Texas George Bush or those darn Anglo-Saxons who are greedy corporate types and they screwed it all up," and they just are not going to look at the Zionist neocons whose co-tribesmen on Wall Street and elsewhere have turned us into a casino economy. So I think that is part of the big picture we have to look at. There is always a smoke and mirrors problem they have got to create to deflect attention away from the horrible macro mess that they have created.
Jeff Lynch: Right. Right. What you are saying is that people are worried about their pocket book, that is natural, and that is instinctive, but there is something that trumps worrying about their pocketbooks, and that is worrying about the safety of their life. That priority will trump the money concerns. So they have to create fear once again.
Maj Fox: Well I think the ultimate fear is that we are headed towards a hyperinflationary meltdown. We don't have any gold reserves, and the Fed is printing money at double digit rates. It does not even report M3 any more. It stopped that in like March 2006. We are headed towards some very, very serious stuff, and the powers that be are really scared. They are desperate for distracters.
Capt May: You know fellows, I have got to brag on the Marine here. Maj. Fox is a graduate of Harvard Business School.
Jeff: All right.
Capt. May: So he knows his field. I think that it does well to realize that the three businesses that made the biggest killing under Bush were number three, defense industries. Number two, oil. And number one, finance. Now that says it all. You work for your masters. The financiers always call the tune. And the $700 billion certainly shows that. The leadership cadre that Obama brought in, particularly Emmanuel, who is what, an Israeli army vet?
Jeff: Yep.
Mike Howard: Uh-hm.
Capt May: It just shows basically the neocon --the removal of neo-cons-- that was a pipedream. Neocon is just another word for Zionism. And the Zionist influence is still paramount in controlling the national structure…

 

 

The topic of a Federal Reserve and Wall Street coup de etat has a long history in America. In his tract “Billions for Bankers—Debts for the People,” created around 1998, Pastor Sheldon Emry explained how bankers could accomplish a quiet war of covert conquest over the American people:

Prologue: Three Types of Conquest
History reveals nations can be conquered by the use of one or more of three methods.
The most common is conquest by war. In time, though, this method usually fails, because the captives hate the captors and rise up and drive them out if they can. Much force is needed to maintain control, making it expensive for the conquering nation.
A second method is by religion, where men are convinced they must give their captors part of their earnings as "obedience to God." Such a captivity is vulnerable to philosophical exposure or by overthrow by armed force, since religion by its nature lacks military force to regain control, once its captives become disillusioned. [Author’s Note: This is what I call “PSYOPing” the public, a topic I will address in Chapter 34].
The third method can be called economic conquest. It takes place when nations are placed under "tribute" without the use of visible force or coercion, so that the victims do not realize they have been conquered. "Tribute" is collected from them in the form of "legal" debts and taxes, and they believe they are paying it for their own good, for the good of others, or to protect all from some enemy. Their captors become their "benefactors" and "protectors".
Although this is the slowest to impose. It is often quite long lasting, as the captives do not see any military force arrayed against them, their religion is left more or less intact, they have freedom to speak and travel, and they participate in "elections" for their rulers. Without realizing it, they are conquered, and the instruments of their own society are used to transfer their wealth to their captors and make the conquest complete.
In 1900 the average American worker paid few taxes and had little debt. Last year [1998], payments on debts and taxes took more than half of what he earned. Is it possible a form of conquest has been imposed on America? …may God have mercy on this once debt-free and great nation.

This raises an interesting thought experiment question. Apart from the use of armed force, what method would enable a tiny, alien elite to effectively infiltrate and take control of the strategic bases of a country? Once one begins to consider all the "angles," the most obvious approach involves creating or taking control of a central bank and setting up a fractional reserve system where one can literally create money out of nothing to buy off ones opposition. This becomes so obvious, in fact, that one begins to wonder how corrupt, lazy, or stupid an existing elite must have been in America in the 19th century and early 20th century to have allowed this to happen.
The three and a half hour video documentary The Money Masters and the forty seven minute documentary “The Monopoly Men”provide an excellent introduction regarding how this war of conquest actually took place in American history. I strongly recommend that the reader take the time to watch both videos.

"The Money Masters: How International Bankers Gained Control of America" Duration: 3:35:19

 

The Money Masters - explains how private central bankers waged a running battle against famous American leaders such as Benjamin Franklin, Thomas Jefferson, Andrew Jackson, Abraham Lincoln (actually Lincoln is a more complex case, as I will explain later), and prominent Congressmen such as Charles A. Lindbergh (father of the famous aviator), Louis T. McFadden, Wright Patman, and more recently Ron Paul.

 

"The Monopoly Men" Streaming video - duration 47:22

The second documentary “The Monopoly Men” reinforces points made in the first documentary, plus adds important additional insights. Significantly, it features interviews with Michael Collins Piper, author of Final Judgment and the The New Babylon, whose works I carry in ebook form at my web site americafirstbooks.com and whose web site I maintain at michaelcollinspiper.com.
"The Monopoly Men" also features interviews with Jim Tucker, editor of The American Free Press, a publication I have had the pleasure of working with along with The Lone Star Iconoclast. Jim Tucker has been a key investigative journalist in America who has followed the shenanigans of The Bilderberg Group, Council on Foreign Relations, Trilateral Commission, and other nefarious groups funded by the Rothschild and Rockefeller crime families. This documentary also has interview segments with Eustace Mullins, a famous populist author who I have also had the pleasure of meeting and working with.
These men know what they are talking about, mark my words!

The history of banker civil war in 18th and 19th century America profiled in The Money Masters is well worth reviewing. It shows financial versions of "false flag" operations taking place repeatedly behind the scenes.
The fact that that our federalized education system ignores most of this history only shows how today “criminals run the town,”“lunatics run the asylum,” and "liars write the history books."
The fundamental issues have not changed a bit in our so-called "modern era" compared to the late 18th and early 19th centuries --it is just the character --or rather the lack of it--by America's alleged "leaders" has changed --for the worse. It is very important for Americans to review this history so that they can see how real leaders with some patriotism and integrity behaved themselves compared to the "Circle B," "Circle Z," and "Obama Nation" pretenders we are saddled with today.
Last, but not least, The Money Masters show us the face of real enemies of the America, as opposed to "Al Qaeda" and "Taliban" bogeymen contrived by Mossad-CIA to deflect your attention elsewhere.
This story begins in the late colonial period:

* The Privately Owned Bank of England and Parliament vs America: The Currency Act of 1764.
(Show notes from The Money Masters:) This Act prohibited the colonial officials from issuing their own money, and required them to pay all their future taxes in gold or silver coins. War impetus: Parliament wanted the colonies to help bear the heavy costs of the just-concluded French and Indian War in which Britain gained all of France’s territorial claims in North America.
Impact of the 1764 Act: Benjamin Franklin observed: "In one year, the conditions were so reversed that the era of prosperity ended, and a depression set in, to such an extent that the streets of the Colonies were filled with unemployment." When asked to explain the prior prosperity in the colonies, Franklin said: “That is simple. In the Colonies we issue our own money [interest free]. It is called Colonial Script. We issue it in proper proportion to the demands of trade and industry to make the products pass easily from the producers to the consumers. In this manner, creating for ourselves our own paper money, we control its purchasing power, and we have no interest to pay to no one." Franklin later stated in his autobiography: "The colonies would gladly have borne the little tax on tea and other matters had it not been that England took away from the colonies their money, which created unemployment and dissatisfaction. The inability of the colonists to get power to issue their own money permanently out of the hands of George III and the international bankers was the PRIME reason for the Revolutionary War."
Note: The Bank of England was not an instrument of the English government, but a privately owned bank founded in the 1680’s that gained the right to engage in fractional reserve banking and issue new money at interest.
Fractional reserve banking means enjoying the right to create out of thin air money that is not on deposit, loan it out, and then draw interest on it. So, for example, a bank with a 50% reserve ratio can lend out two UK Pounds for every Pound it takes in on deposit.
In most other industries, such as the warehousing of agricultural commodities, creating deposits for items that do not exist is considered criminal fraud, and if people who get caught doing this go to jail. However, banking is considered different. This is probably due to one of two reasons:
a) All the economic rationalizations offered to us by politicians, academics, and law enforcement personnel who have been bought and sold by plutocratic bankers are true! Fractional reserve banking really is a more enlightened economic practice than 100% reserve banking. Therefore, stop worrying your pretty little head about it and go back to focusing on having a nice life for yourself.
b) Fractional Reserve banking is at a minimum a very risky and dangerous policy. More likely, it is what common sense suggests it really is: fraud. It is a quick and dirty way for bankers to goose up their lending income by creating loanable money out of thin air. In the long run, this practice is not only inflationary, but vastly increases financial system instability. It is precisely because politicians, academics, and law enforcement personnel have been bought off by plutocratic bankers that we need to start getting really worried about what has happened to our country.
Issuing new money at interest means that when the bank adds money to the money supply, this new money not only generates inflation, but the bank also charges the government interest on the money it creates out of thin air.
One alternative that better serves the public interest is for the government to simply print up notes without interest. While this may be inflationary, at least it does not add to the public debt. This is what colonial governments did with colonial script. It is also what the Continental Congress did when it created “Continentals” to help finance the early years of the American Revolution, and what Abraham Lincoln did in 1862 when he printed up $450 million in “greenbacks” to help finance the Union side of the War Between the States. All this money was created without interest to the American public.
The next logical question is if fractional reserve banking is so risky, and issuing new money at interest does not serve the public interest, why are bankers allowed to get away with these practices?
One reason why bankers can get away with this is that they can take part of the large sums of capital that are initially placed in their hands and use this money to bribe people. It is like a big ponzi scheme. It has similarities to the practice by the Israel Lobby, which takes part of the billions that the U.S. Government gives to Israel every year, and recycles part of that to pay off enough Congressmen to get even more billions in the future.
Bankers can also find support by taking in people as business partners. After all, running a central bank or fractional reserve system is initially a fantastic way to get rich quick.
Last, but not least, although in the long run this system is very unstable, fraudulent, and even doomed to crash, there are plenty of psychopaths who are so excited by the short term rewards that their attitude is “the public be damned.” (In the famous 1882 words of railroad tycoon William H. Vanderbilt, identified by The Money Masters as a Rothschild ally in America). And speaking of private central bank monopoly, don’t forgot the immortal words of Rothschild co-conspirator John D. Rockefeller: “Competition is a sin.”
Penthouse Magazine publisher Bob Guccione and Porno King once quipped (while photographing himself bare-chested with an arm around one of his gorgeous nude Penthouse Pets): “It is a great job if you can get it.” Same goes for Mongol conquerors like Ghengis Khan and Tamerlane, major mafia drug dealers, private central bankers, and other king pins where a broad social conscience is not part of the job description.
If you are really clever, and recycle enough of your loot to keep buying off enough politicians, media, and most of those "overeducated, ivory-tower folk" and "pointy-headed professors" you can live in a big mansion and live high on the hog. There is a good chance that innately honest, noble, productive, and public-spirited people will not catch up with you and your swindles until long after you are dead.
In fact, this is how the Rothschilds and other creepy elite Jewish families have been living in France, England, and elsewhere for over two hundred years, much to the disgrace of the French and English people who host these parasites.
There eventually will come a day of reckoning. At some point the mounting economic distortion and corruption injected by the expanding money supply, debt, and payoffs will break it down to the point that the public will begin to wake up. Then the descendants of the Rothschilds and other elite kosher families have to figure out a "Plan B."
The Project for a New American Century that got America into Iraq and Afghanistan, the New York 9/11 and the 7-7-2005 London bombings, and false flag pandemics are all examples of "Plan B." Unfortunately for high level conspirators, the Internet has aroused public awareness at a much faster rate than they originally anticipated, and their Plan B schemes are running into serious problems.
Getting back to the Bank of England, many historians believe that the primary founders in the late 1600’s were Jews, particularly since leading Jews of Amsterdam played a key role in financing Cromwell during the English Civil War. These Jews were readmitted back into England by Cromwell.
Without question by the early 1800’s, as Michael Collins Piper documents in The New Babylon, the Bank of England was controlled by the Rothschilds. It became the prototype for the kind of privately-owned central bank that the Rothschilds sought to fasten on America since its founding.
The use by the Rothschilds of stealth measures to institute a privately owned central bank in America, to include the likely use of front men such as Alexander Hamilton (First Bank of the United States) and Nicholas Biddle (Second Bank of the United States), is reminiscent of the Mossad’s frequent use of business fronts and sayonim described in By Way of Deception by former Mossad agent Victor Ostrovsky. Other Mossad-like behavior include the suspicious assassination attempts covered in The Money Masters against President Andrew Jackson, and the successful attempts against Presidents Abraham Lincoln and James Garfield. I believe that Michael Collins Piper is correct in his book Final Judgment that the Mossad was the principle architect behind the assassinations of John F. Kennedy, Robert F. Kennedy, and the mysterious death of former CIA Director William Colby.
Let us continue with our review of American history to help the reader see the recurring pattern of skulduggery and connect other important dots:

* The Bank of North America,1781-1785. Alleged war impetus: Need to finance American Revolution. I write “alleged war impetus” because it is possible to go around using a privately owned central bank to finance a war by having the government treasury issue bonds or print government notes interest free (as Lincoln would later do with the Greenback during the War Between the States).
The proposed Bank of North America was run through Congress by Robert Morris, with Alexander Hamilton as his assistant. Dr. Murray Rothbard called Hamilton the “Mephistophelean character” of the American Revolution. See also "Hamilton's Curse" by Dr. Thomas DiLorenzo. Hamilton sought to reinstate the British mercantilist and banking system in America, thereby betraying the libertarian ideals of the American Revolution.
Hamilton is strongly suspected by many historians to have been a Rothschild agent and part Jewish himself.
The Money Masters notes that this bank was closely modeled after the Bank of England. It was “allowed to practice fractional reserve banking, that is, loan out money it did not have and charge interest on that. If we were to do that we would be charged with fraud, a felony.” Like the Bank of England, it was given a monopoly over the national currency.
Like every other privately-owned central bank scheme in American history, its perpetrators used stealth and secrecy to serve their personal interests. The names of its private owners were not published. The charter called for investors to put up 400,000 pounds, and the U.S. Government was to put up the remaining 80% stake. When Morris could not raise money, he got his hands on money provided to the U.S. by France and loaned it to private investors.
In 1785 Congress did not renew the Bank's charter. William Findley of Pennsylvania said. "The institution, having no principle but that of avarice, will never be varied in its object...to engross all the wealth, power, and influence of the state."

* First Bank of the United States. 1791-1811. Alleged war impetus: The new bank helped finance the “Legion of the United States” under the command of “Mad” Anthony Wayne sent by President George Washington to conquer the Indians of the Ohio Valley and other projects to rapidly develop the West.
Note: New York bankers who had problems collecting on loans made to certain states during the American Revolution were now able to get repaid through debt consolidation mandated by the new U.S. Constitution. Hamilton’s cronies got tipped off in advance about this move so that they could acquire debt bonds at pennies on the dollar before public disclosure of new Constitution's provisions caused the bonds to jump to full value.
As another insider sleaze deal, according to The Money Masters, this bank was given a monopoly on printing U.S. currency, even though 80% of the stock was held by private investors, and the other 20% was held by US Government. But the reason was not to give the government a piece of the action, but rather to provide capital for the rest. The stockholders never paid the full amount for their shares. The U.S. Government put up the initial $2 million in cash, then the bank, through the magic of fractional reserve banking, lent to charter members so that they could come up with the remaining $8 million for this risk free investment.
Another deception: The name of the Bank of the U.S. was created to give the false impression that this bank was owned by the government, when if fact was privately owned, and like the Bank of North America, the names of the investors were never revealed. According to The Money Masters, later it was a common saying that the Rothschilds were behind the old Bank of the United States. The Bank was sold to Congress as a way to bring stability. During the first five years, the government borrowed $8.2 million from the Bank of the United States, and in the same five year period, prices rose by 72%. Jefferson watched the borrowing with sadness and frustration and commented: "I wish it were possible to obtain a single amendment to our Constitution taking from the federal government their power of borrowing."
According to The Money Masters, around 1811 Nathan Rothschild of the Bank of England warned that America would find itself in a disastrous war if the charter of the Bank of the United States were not renewed. Despite this, the renewal bill was defeated by a single vote in House. It was deadlocked in the Senate. James Madison, who was hostile to the central bank concept, was now in the White House. His Vice President broke the tie in Senate and sent the bank into oblivion. Within five months, England attacked the U.S., and War of 1812 began.

* Second Bank of the United States: 1816-1836. Alleged war impetus: The War of 1812.
According to The Money Masters: The bank's charter was the same as the first Bank of the United States. The Federal share was paid by the Federal government up front. The remaining investors bought 80%. Just as before, the primary stockholders remained a secret. But it is known the largest block, one third of total, was sold to foreigners. Some said it was no exaggeration that the Second Bank of the United States was rooted as deeply in Britain as it was in the United States. So by 1816, some authors claim that the Rothschilds had taken over the Bank of England and the new, privately owned second bank of the United States.
The Money Masters notes that after 12 years of manipulation on the part of the second bank of America, the American people had enough and nominated Andrew Jackson, a dignified senator from Tennessee, to run for President. No one gave Jackson a chance initially. The bank had learned how to control much of the political process, but Jackson nevertheless won in the election of 1828. Jackson was determined to kill the bank, but the bank's 20 year term did not come up for renewal until 1836. Jackson contented himself with rooting out minions, and fired 2,000 of the 11,000 employees of the Second Bank of the United States.
According to The Money Masters, the bank struck an early blow. Hoping Jackson would not want to stir up controversy, it asked Congress to pass a renewal bill four years before expiration. Old Hickory, never a coward, vetoed the bill.
Andrew Jackson: "It is not our own citizens only who are to receive the bounty of our Government. More than eight millions of the stock of this bank are held by foreigners...Is there no danger to our liberty and independence in a bank that in its nature has so little to bind it to our country?...."
“Controlling our currency, receiving our public moneys, and holding thousands of our citizens in dependence...would be more formidable and dangerous than a military power of the enemy. “
“If [government] would confine itself to equal protection, and, as Heaven does its rains, shower its favor alike on the high and the low, the rich and the poor, it would be an unqualified blessing. In the act before me there seems to be a wide and unnecessary departure from these just principles."
According to The Money Masters, on July 1832 Congress was unable to override Jackson's veto. For the first time in American history, Jackson took his campaign on the road. His campaign slogan was “Jackson and no bank.” Jackson was reelected by a landslide. He commented: "The hydra of corruption was only scotched, not dead."
The head of the central bank, Nicholas Biddle, made a rare show of arrogance, threatening to cause a depression. He said, "This worthy President thinks that because he has scalped Indians and imprisoned Judges, he is to have his way with the Bank. He is mistaken." Next, The Money Masters notes that in an unbelievable fit of honesty for a central banker, Biddle admitted that the bank was going to make money scarce in order to change Congress: "Nothing but widespread suffering will produce any effect on Congress...Our only safety is in pursuing a steady course of firm restriction --and I have no doubt that such a course will ultimately lead to restoration of the currency and the recharter of the bank."
Biddle made good on his threat. The bank called in old loans, and refused to issue new loans. Naturally Biddle blamed Jackson for the crash. Unfortunately his plan worked well. Wages and prices sagged. Unemployment soared, along with business bankruptcies. The nation went into an uproar. The bank threatened to withhold payments. Within months, Congress assembled in a panic session. Jackson was censured by Congress. Jackson lashed out "You are a den of vipers and I intend to route you out, and by God I will."
America's fate teetered on a knife edge. Then a miracle occurred. The governor of Pennsylvania came out and said Biddle had been caught publicly boasting to crash the economy. Then the House of Representatives voted to eliminate bank, armed with a subpoena to examine the books. Biddle refused to give them up. Nor would he allow inspection of correspondence with Congressmen relating to their personal loans and advances he had made to them. He also refused to testify before the committee back in Washington.
On Jan 8, 1835, Jackson paid off the final installment on the national debt. He was the only President to render the U.S. Government debt-free.
On Jan 30th, an assassin by name of Lawrence, tried to kill Jackson with two pistols, but they both misfired. (Later when they were tested, they worked perfectly). He bragged that powerful people in Europe had put him up to the task.
The second bank ceased functioning. It would take the money changers 77 years to undo the damage done by Andrew Jackson before they would create the Federal Reserve Banking System in 1913.
Later, when asked his most important life accomplishment, Jackson replied, "I killed the bank."

* National Banking Acts of 1863-65 This regime lasted from 1863 to 1913. Alleged war impetus: Need to finance the unconditional Union side of the War Against Southern Independence.
Note: Prior to this, in 1862, Lincoln printed up $450 million of fiat money, known as “greenbacks,” to finance the war. He ended up nearly doubling the money supply and creating considerable inflation, but at least Americans did not pay any interest on the new money supply created.
Many conservative commentators hail Lincoln as a populist hero in the face of private central bankers for issuing the greenbacks, but the real Lincoln was a much more complicated individual, as described in The Real Lincoln by Dr. Thomas DiLorenzo, "The American Lenin" by L. Neil Smith, the King Lincoln archive at lewrockwell.com, or the brilliant article “Shattering the Icon of Abraham Lincoln” by Sam Dickson.
Lincoln’s regime saw the establishment of the National Banking Acts that pushed America towards a privately owned central bank. In his article "Honest Abe and the Tribe," (Dec 2009 Nationalist Times), Yancey Ames observed:

It should not be surprising that Lincoln had so many Jewish supporters. The entire Republican Party had been the creation of the 1848 revolutionaries in Europe who had migrated to the United States after the collapse of their overseas efforts. A not inconsiderable number of these refugees were Jewish.
A good example would be the German-Jewish Jacobi brothers who established the first Communist Club in New York in the 1850’s. Others would be the Hungarian-Jewish 1848’er August Biondi, an advisor to General John C. Fremont of California fame and the father of future Supreme Court Justice Louis Brandeis, who participated in the Bohemian revolution of 1848. It was the German revolutionary of 1848, Carl Schurz, who became a Republican Senator from Missouri.
The Republican Party in America and European revolutionary socialism were thoroughly intertwined from the beginning. Lincoln countermanded the famous order of General Ulysses S. Grant expelling all Jewish traders from Union Army controlled territory, allegedly for trading with the Confederate enemy. Lincoln also intervened in the Union army to provide rabbis for Jewish soldiers. When Lincoln died Jewish grief for his passing was enormous. He was eulogized in synagogues throughout the land.
Abraham Lincoln and his Republican Party had crushed states rights, exactly as recommended by Karl Marx in Horace Greeley’s New York Herald Tribune. As a centralizer of federal power and a promoter of European socialism, 1848 style, it is small wonder that the tribe adored Lincoln, then and now. He was the Franklin Roosevelt of his day.

What really confuses most people is the fact that Jews frequently play both sides of arguments, transactions, and political conflicts, as do professional brokers. Today Jews fund both the Democratic and Republican parties, and create "controlled opposition" through false "Hegelian Dialectics." (This involves creating very edited and slanted forms of opposing arguments to steer people's thinking about alternatives, also called the bifurcated argument in the study of informal logical fallacies). This is one reason why Jews are intuitive masters of false flag operational planning.
While it is true that many Jews like Karl Marx adored Abe Lincoln, it is also true that the Rothschilds lent money to the Confederacy, whose Secretary of the Treasury was a Jew named Judah P. Benjamin.
By stirring up wars between countries --and there is evidence that Jews inspired the authorship and distribution of the highly inflammatory novel Uncle Tom's Cabin despite having played a key role in the American slave trade during earlier historical periods -- usually something "shakes loose" which creates new high level entry points for Jews into gentile societies. Michael Collins Piper writes about one prime example in his article "Franklin J. Moses, Reconstruction's Most Infamous Scalawag" about a Jew who exploited Reconstruction chaos to became one of the most corrupt governors in American history. Jews can also make money off war debts, particularly where the victor agrees to pay in whole or in part the debts of the loser as part of the loan covenants.
An excellent source that characterizes the new U.S. national banking establishment created by Lincoln is the pdf file of Chapter 4 “The Federal Reserve As a Cartelization Device: The Early Years 1913-1930" from Dr. Murray Rothbard’s Money in Crisis: The Federal Reserve, the Economy, and MonetaryReform, (pdf) page 90:

The Federal Reserve did not replace a system of free banking. On the contrary, an approach to free banking existed in the United States only in the two decades before the Civil War. Under the cover of the wartime emergency, the Republican Party put through changes that had long been proposed by the Republicans' ancestor, the Whig Party. The National Bank Acts of 1863-65 replaced the hard-money free banking of pre-Civil War days with the quasi-centralized regime of the national banking system. By levying a prohibitive federal tax, the national banking system in effect outlawed state bank notes, centralizing the issue of bank notes into the hands of federally chartered national bank. By means of an elaborate set of categories and a structure of fractional reserve requirements, entry into national banking in the big cities was limited to large banks, and bank deposits were encouraged to pyramid on top of a handful of large Wall Street banks….
The banking system of the United States after 1865 was, therefore, a halfway house between free and central banking. Banking was subsidized, privileged, and quasi-centralized under the aegis of a handful of large Wall Street banks.

The Money Masters claims that in 1934, Gerald G. McGeer obtained evidence obtained from Secret Service agents that John Wilkes Booth, Lincoln’s assassin, was a mercenary working for International Bankers who wanted to base America’s currency on gold they controlled. Within 8 years, silver was demonetized, and gold became the standard.
The Money Masters explains how between 1865 and 1913, big money center banks used the quasi control described by Dr. Murray Rothbard to artificially stampede Americans towards a privately owned central bank. They shrank the money supply to artificially create recessions, and eliminated the use of silver as money. They pegged the dollar to Gold and excluded silver in order to eliminate competitive forms of money that make up a genuine free money and free banking system.
Please note that Dr. Murray Rothbard argued that in a true free money system, the value of gold and silver should be allowed to float relative to each other in a free market, while both gold and silver --or notes tied to them -- serve as legal tender. In contrast, governments and/or central bankers often first fix the value of gold to silver, then drive out silver as legal tender, and then manipulate gold reserves to create artificial credit shortages as part of an incremental campaign ultimately aimed at installing a fiat money regime under their exclusive control. In the final end game, both gold and silver are completely driven under ground as competing legal tender, and only fiat money rules.
W. Cleon Skousen commented: "Right after the Civil War there was considerable talk about reviving Lincoln's brief experiment with the Constitutional monetary system. Had not the European money-trust intervened, it would have no doubt become an established institution."
According to The Money Masters, the strategy of the malefactors was as twofold:

1. Created a series of panics to convince the American people that only a centralized system could provide economic stability.
2. Remove enough money from the system so that Americans would be so poor, they would not care, or would be too weak to oppose the bankers.

The documentary claims that in 1866 there was $1.8 billion in circulation. By 1867, this was reduced to $1.3 billion or by half a billion. In 1876 there was only $14.60 per person and down to $0.4 billion only ten years later leaving only $6.67 per person.
The Money Masters continues (the following is a rough transcript):

By 1872 the American public was beginning to feel the squeeze, so the Bank of England, scheming in the back rooms, sent Ernest Seyd, with lots of money to bribe congress into demonetizing silver. Ernest drafted the legislation himself, which came into law with the passing of the Coinage Act, effectively stopping the minting of silver that year. Here's what he said about his trip, obviously pleased with himself. "I went to America in the winter of 1872-73, authorized to secure, if I could, the passage of a bill demonetizing silver. It was in the interest of those I represented - the governors of the Bank of England - to have it done. By 1873, gold coins were the only form of coin money."
…Within three years, with 30% of the work force unemployed, the American people began to harken back to the days of silver backed money and the greenbacks…. in 1877 riots broke out all over the country. The bank's response was to do nothing except to campaign against the idea that greenbacks should be reissued.
The American Bankers Association secretary James Buel expressed the bankers attitude well in a letter to fellow members of the association. He wrote:
"It is advisable to do all in your power to sustain such prominent daily and weekly newspapers, especially the Agricultural and Religious Press, as will oppose the greenback issue of paper money and that you will also withhold patronage from all applicants who are not willing to oppose the government issue of money. To repeal the Act creating bank notes, or to restore to circulation the government issue of money will be to provide the people with money and will therefore seriously affect our individual profits as bankers and lenders. See your congressman at once and engage him to support our interest that we may control legislation."
…James Garfield became President in 1881 with a firm grasp of where the problem lay. "Whosoever controls the volume of money in any country is absolute master of all industry and commerce... And when you realise that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate."
….Within weeks of releasing this statement President Garfield was assassinated.
…In 1891 a major fleece was being planned:
"On Sept 1st, 1894, we will not renew our loans under any consideration. On Sept 1st we will demand our money. We will foreclose and become mortgagees in possession. We can take two-thirds of the farms west of the Mississippi, and thousands of them east of the Mississippi as well, at our own price... Then the farmers will become tenants as in England..."--1891 American Bankers Association as printed in the Congressional Record of April 29, 1913…
These depressions could be controlled because America was on the gold standard, and gold was scarce and could be manipulated. People wanted the Silver Act reversed. William Jennings Bryan ran for President on free silver issue. He made his most famous oration as the Democratic candidate for president in 1896, campaigning to bring back silver as a money standard (free silver). He said:
"We will answer their demand for a gold standard by saying to them: You shall not press down upon the brow of labour this crown of thorns, you shall not crucify mankind upon a cross of gold."
… Bryan's efforts delayed the bankers for 17 years...

The artificial crash of 1907 can be viewed as a financial version of a “false flag” event.
It set the stage to maneuver the public and Congress into passing the Federal Reserve Act of 1913, which established our current privately owned central bank.
It is worth providing some detail on the pivotal series of events that created the Federal Reserve in 1913, which was arguably every bit as pivotal in world history as 9/11 --if not more so. As related in The Money Masters:

…It was time for the bankers to get back to the business of the private central bank for America. During the early 1900's, men like JP Morgan led the charge, one final panic would be enough.
In 1902, Roosevelt went after Morgan, but in actuality did very little. He did very little against Rockefeller as well. Rockefeller’s Standard Oil monopoly was merely divided into seven corporations still controlled by Rockefeller.
Morgan, Rockefeller and others were able secretly able to crash the stock market in 1907. Some banks had reserves of less than 1%. Now Morgan was able to step in and prop up the faltering American economy and failing banks with $200 million in money he manufactured out of nothing. It was an outrageous proposal, but Congress approved it and his plan worked. As a result banking power was further consolidated. By 1908, the panic was over. Morgan’s actions were hailed by Woodrow Wilson of Princeton University: "All this trouble could be averted if we appointed a committee of six or seven public-spirited men like J.P. Morgan to handle the affairs of our country."
Economics text books explained that the creation of the Federal Reserve was direct result of 1907 with explanations like "America was fed up with anarchy of private banks"
Rep. Charles Lindbergh Sr. (R-MN), the father of the famous aviator, explained how this was all a scam: “Those not favorable to the money trust could be squeezed out of business and the people frightened into demanding changes in the banking and currency laws which the Money Trust would frame."

Federal Reserve Banking System: 1913-present. Impetus: This go-around, the privately owned central bank came just before a war got started, not afterwards. In this case the war was World War I. The Money Masters comments:

In 1907, President Theodore Roosevelt created the National Banking Commission, which was packed with Morgan's cronies, to include Senator Nelson Aldrich as chairman.
As soon as the national monetary commission was set up, Aldrich traveled to Europe to consult with its central bankers. On Nov 22, 1910, some of wealthiest men in the world traveled to Jekyll Island off the coast of Georgia to plan the new central bank for America. The key architect was Paul Warburg, a Rothschild agent, who had been given a $500,000 a year salary. His partner was Jacob Schiff.
Frank Vanderlip, one of the planners, later wrote in the 1935 edition of Saturday Evening Post. "I was a secretive --indeed, as furtive as any conspirator... Discovery, we knew, simply must not happen, or else all our time and effort would be wasted. If it were to be exposed that our particular group had got together and written a banking bill, that bill would have no chance whatever of passage by Congress"
Senator Nelson Aldrich would comment: “Before passage of this Act, the New York Bankers could only dominate the reserves of New York. Now, we are able to dominate the bank reserves of the entire country."
The economy had been so strong that corporations were able to finance their own expansion from their own profits rather than borrow from the bankers. In fact, 70% of growth came from profits. The bankers wanted to end this independence.
The bankers devised a four step scheme to create money out of nothing, with interest accruing to themselves:

Step 1: Fed Open Market Committee approves the purchase of U.S. Bonds on the open market.
Step 2: Bonds are purchased by the Fed from whoever is offering them for sale on the open market.
Step 3: The Fed pays for the bonds with electronic credits to the seller’s bank, which in turn credits the seller’s bank account. These credits are based on nothing. The Fed just creates them.
Step 4: The banks use these deposits as reserves. They can loan out over ten times the amount of their reserves to new borrowers, all at interest.

The Money Masters narrator: “In this way, a Fed purchase of say, one million in bonds gets turned into ten million in bank accounts. The Fed in effect creates ten percent of this totally new money, and the banks create this other 90%. To reduce the amount of money in the economy, the process is just reversed. The Fed sells bonds to the public and the money flows out of the purchasers local bank. Loans must be reduced by ten times the amount of the sale. So a fed sale of a million dollars worth of bonds results in $10 million less in the economy.”

The Money Masters narrator explained the benefit of the Federal Reserve system for private central bankers:

1st –It totally misdirected banking reform efforts from proper solutions.
2nd—It prevented a debt-free system of finance, like Lincoln’s Greenbacks, from making a comeback. The bond-based system of finance forced on Lincoln after he created greenbacks was now cast in stone.
3rd—It delegated to the bankers the right to create 90% of our money supply based only on fractional reserves which they then loan out at interest.
4th –It centralized overall control of our nation’s money supply in the hands of a few men.
5th—It established a Central Bank with a high degree of independence from effective political control.

Narrator: “Soon after its creation, the Fed’s great contraction in the early 1930’s would cause the Great Depression. This independence has been enhanced since then through additional laws. In order to fool the public into thinking the government retains control, the plan to be run by a Board of Governors appointed by the President and approved by the Senate. But all the bankers had to do was to be sure their men got appointed to the Board of Governors. That wasn’t hard. Banker have money, and money buys influence over politicians.”

The Money Masters has a lot of excellent additional material that takes us up to the late 1990’s. It explains how private central bankers in control of the Bank of England and the U.S. Federal Reserve have played both sides of many conflicts, to include financing Adolf Hitler’s rise to power and the Soviet side of the Cold War.
The documentary also describes how central bankers keep trying to “kick problems upstairs” by creating ever larger international banking, trade, and political organizations aimed at ultimately creating a New World Order One World Government. It specifically cites three steps towards this goal:

1) Central bank domination of national economies worldwide.
2) Centralized regional economies...European Monetary Union, NAFTA
3) Centralize the world economy --World Central Bank, GATT

Before getting into my discussion about the parallels between the Fed-Wall Street axis and false flag operations, I would also like to provide some additional background on the true nature of the Fed beast since 1913 from my online “Centralization vs. Decentralization” article in my “Resolving Opposing Economic and Political Ideologies” series:

 

 

The first opportunity the Fed had to be a lender of last resort occurred during the 1920s. In 1920, there were 23,000 banks in America. In 1929, there were only 18,000. In the interim 5,700 banks failed and less than 1,000 new ones were formed. In other words, about one out of every four banks failed during the 20s — the first full decade after we instituted the lender of last resort! During the 50 years of the reputedly ineffective National Banking System, only in 1893, a panic year, did more than 300 banks fail in a single year. From 1921 through 1929, during supposedly good times, an average of over 600 banks per year failed. Even in the best of those years (1922) 367 banks failed. From 1930-33, over 9,100 more banks failed, producing a 50% reduction in the number of banks in a four-year period. As lender of last resort, the Fed was an even more miserable failure than as a source of monetary stability.

For the remainder of this chapter, I would like to review three important topic areas:

a) Parallels between financial system covert operations and the false flag characteristics addressed in Chapter 7
b) How corruption of our financial system has paralleled the general perversion of our political system. “Bigger” and more imperial does not necessarily mean “better.”
c) Our current financial crisis and where it may be headed

First, I will address parallels between the Fed-Wall Street Axis and Mossad-CIA false flag Operations. In drawing parallels, I will use the format of false flag characteristics that I outlined previously in Chapter 8 regarding 9/11.

 

Source Unknown [h/t Rense.com]

 

False flag operations typically reflect major special and geopolitical interests

The former German Intelligence Chief Andreas von Bulow commented that 9/11 "could not have been carried out without the support of a state secret service." It was simply too sophisticated to be otherwise.
Similarly, the sophisticated, long term covert campaign documented in The Money Masters to install a privately owned central bank in the U.S. could have never have accomplished except for the sophisticated campaigns financed by the level of wealth commanded by the Rothschilds and other arch-Zionists through their control of European central banks.
According to The Money Masters, and also Michael Collins Piper in The New Babylon, by the mid 19th century, the Rothschilds of England had become wealthier than many European monarchies combined. Some historians believe that they controlled about half the wealth in the world, much of it in China via the Sassoon family which intermarried with the Rothchilds. The Rothschilds of France were wealthier than all other French bankers combined.
The behavior of the United States government since 1913 makes the overall strategic objectives of the Jewish founders of the Federal Reserve self evident, namely to gain control of America and convert it into a riding horse that enables elite Jews to accomplish the following objectives:

(a) Plunder America by growing indebtedness, conveying inside information to Wall Street cronies, soaking taxpayers, and myriad other scams. Use the wealth diverted by the Federal Reserve to special interests to further corrupt Congress, in an endless cycle.
(b) Bail out Britain --and the City of London as a bastion of Zionist power-- in two unnecessary world wars. (The first unnecessary war led to the second).
(c) Provide blank check support for Zionism and Greater Israel not only in Palestine, but also for Mossad projects around the world. Support "Economic Hit Man" lending policies to Third World countries promulgated by major Jewish-controlled U.S. money center banks.
(d) Finance Bolshevism in Russia and other schemes to butcher potential opposition to global Zionist power
(e) Create a Neo-Jacobin, multi-racial, multi-cultural, neo-Marxist Jewish fantasy world in America in which Jews can openly control most branches of the U.S. Government along with major media and central banking, and most Americans are so brainwashed that Jews need not fear a successful countercoup by right wing nationalists aimed at ousting aliens.
(f) Undermine all nationalist movements around the world except Jewish nationalism (Zionism) in order to move the entire world towards a vision of a "New World Order" scheme for one world government headquartered in Jerusalem, in which Jews can rule with the world with an iron rod, and dissident gentiles can be slaughtered like cattle through martial law, false flag pandemics, and other Orwellian control or population reduction schemes.

When weighed against the rivers of blood already spilled by Zionists trying to achieve these objectives through two world wars, the “ethnic cleansing” of hundreds of Palestinians at Deir Yassef or Sabra and Shatilla, or the deaths of nearly 3,000 Americans on 9/11/, are barely a historical foot note.

False flag operations typically utilize major military exercises or other key events in a two step process. (Step one, “Its just training, madam” Step Two: “Oh my God, it went live!”). The scenarios typically entail both an exaggerated enemy and a distorted defensive program.

The important concept here is that a false flag operation is typically a two step process. In Chapter 7 and Chapter 8 I explained how step one involves conditioning our security forces and the general public to accept a false threat, and the arrangement of preparedness exercises that can be easily hijacked to perform the actual terror event.
In step two, high level malefactors use Mossad-CIA and other covert agents to supply whatever missing ingredients are necessary to make the exercises go "live" as actual terror events. These terror events are then blamed by controlled national media on patsies in order to stampede the public towards policies that suit the power elite at their expense.
In early America, the only real threat that seemed to justify the extreme risks to liberty that came with the creation of a central bank involved war. For example, when Congress resorted to the Bank of North America in 1781, it had already created hyperinflation by printing Continentals and gone to France for additional financial support.
In contrast, when the Federal Reserve was created in peacetime in 1913, it was in response to abstract threats that would have been considered laughable in the early 1800’s. These false threats were analogous to the vague “war on terror” later invoked on 9/11.
In the first case, the "threat" involved an alleged lack of economic stability that existed during the Panic of 1907. In actuality, according to The Money Masters, the quasi-central banking system then in existence had itself caused the very problem that it claimed it could fix through a program of increased centralization.
Both The Money Masters and the book The Creature From Jekyll Island by G. Edward Griffin describe another important deception used in 1913. Proponents of the Federal Reserve Act presented the bill to Congress as a means to control the "Money Trusts" in America. In actuality it was drafted by the leading members of the Money Trust itself as a Trojan Horse form of "controlled opposition."
The Money Trust even used a fake-out ruse where some Senators appeared to oppose the Federal Reserve Act who had supported earlier proposed legislation which was publicly identified with the "Money Trust" but had failed to pass.
All of this is reminiscent of the aforementioned famous ploy where Nathan Meyer Rothschild pretended to be clearing out all his positions in the UK stock market in advance of news about the outcome of the Battle of Waterloo. Other major investors concluded that he had received news that Wellington had lost and started a selling frenzy. In actuality, Rothschild's confederates were waiting in the wings to buy at fire sale prices, knowing full well that Wellington had won. According to The Money Masters, this helped make Rothschild powerful enough to take over the Bank of England (conversely the Wikipedia article on Nathan Meyer Rothschild dismisses the incident as over-hyped legend).

 

 

The shared "kicking problems upstairs" approach

Both 9/11 and the process behind the centralization of the American financial system both used the approach of "kicking problems upstairs."
First, lets review the way the Zionists have continually booted the threat of violence upstairs in recent times.
Thanks to 9/11, America escalated from a hypothetical enemy used in military exercises to an official cover story about some motley group of shadowy Muslim conspirators who somehow hijacked planes and flew them into buildings. Then later, America's official enemy escalated to include WMD's controlled by Saddam Hussein, who allegedly posed some kind of threat to America. This "threat" later proved nonexistent. Then the nature of the alleged threat escalated yet again to insurgent forces that somehow require over 100,000 American occupation troops in both Iraq and Afghanistan, despite strong evidence that the presence of these troops does more to inflame local sentiment against America than support it. Still later, as described in Chapter 32, the Zionist neocons were willing to risk picking a fight with Russia in the South Ossetian War while simultaneously expanding war and instability into Pakistan.
As if the threat of global nuclear war is not bad enough, in Chapter 36 I explain how Zionist neocons are even willing to escalate to a global depopulation mass false flag pandemic. Meanwhile, as America wastes trillions of dollars on foreign military misadventures, Israel gorges itself on billions of dollars of additional aid as America reduces its real or perceived enemies in the Middle East.
Now let us review how Zionists and their corrupt gentile confederates continually booted "system risk" upstairs within the banking system.

For honest people, who want to create sound commercial lending portfolios that benefit both the borrower and lender alike, the process of originating and monitoring loans is usually a very localized process. A bank loan officer is forced to live with the loans he makes. If they remain performing loans, he gets rewarded. If too many loans go sour, he gets fired or the bank goes out of business. In this way, he has strong incentives to qualify borrowers, monitor economic conditions, and make sure that the loans that he makes are sound loans.
On the other hand, greedy people can make money more quickly if they can figure out ways of making lots of shaky loans, and then sell them to investment banks who repackage them as syndications, who in turn sell them to the public as investments. In this way, the original lenders can make their loan origination fees and then split. The investment bankers can make their fees and then split as well. The investor gets left holding the bag when it turns out that the loans are shaky, and most of them will never be repaid. This is an example of a way to kick shaky loan portfolios "upstairs" so that insiders can score short term profits while setting up unsophisticated investors among the general public for big losses.
There is another important way that bank consolidation enables reckless loan officers to pawn off their crummy loan portfolios on unsophisticated investors among the general public. When investment banks, which are entitled to sell stocks to the public, merge with commercial banks, which make business loans, the commercial bank side of the business can use the investment bank side of the business to bail out shaky companies to prevent their loans to these companies from defaulting. The process is very simple. The commercial bank side of the business gets research analysts on the investment banking side to write phony research reports that make the shaky companies look much stronger than they really are. The investment banking side of the business then does Initial Public Offerings or Secondary Offerings of stock for the shaky companies. This pumps fresh cash into the shaky companies so that they can continue to service or pay off their loans to commercial banking side of the business. Once again, unsophisticated investors among the general public get left holding the bag, when over the long run the shaky nature of the underlying companies eventually causes the value of their stock holdings to plummet.
It was this kind of abuse that caused Congress to pass the Glass-Steagall Act (aka the Banking Act of 1933) that forcefully decentralized American banking by function. Investment banking was separated from commercial banking. Banks were once also forcefully decentralized by region. They were prohibited from extending branches across state borders.
There is another very important motivation for malefactors to continually try to kick problems upstairs by creating ever larger and more centralized banking organizations. In Part 4 of my "I, Robot Entrepreneur" online ebook, I talk about how increasing the size and centralization of companies into "imperial conglomerates" often serves as a smokescreen for self-dealing by top insiders.(the same principle applies in the banking industry):

Although the big conglomerate may appear decentralized to outsiders because of its involvement in many unrelated industries, in reality it usually operates as a highly centralized, highly controlled imperial order. Top management robs the cash flow of vassals in one area to pay themselves or hegemons in other areas. Quite often the self-anointed corporate aristocracy does not know enough about any particular area to do anything really innovative, visionary, or responsive towards a particular market, and instead contents itself with financial reengineering activities that include asset-juggling operations, accounting sleight-of-hand, and engaging in nonproductive mergers and acquisitions (I discuss their track record later), all of which increase the odds of malinvestment throughout the economy. Last, but not least, high-greed top management teams typically award themselves outlandish salaries, stock options, and golden parachutes. Dr. Paul Craig Roberts wrote on this topic, "According to William McDonough, chairman of the Accounting Oversight Board, in the bad old days of President Reagan’s “trickle-down economics,” the average Fortune 500 CEO made 40 times more than the average person who worked for him . . .By 2000, it was between 400 and 500 times, and last year I believe it was about 530 times.”
The size, prestige, and complexity created by cobbling many firms together into a large conglomerate often provides enough maneuvering room to subtly and cleverly plunder shareholders while real underlying wealth-creating performance actually declines (and malinvestment rises). As part of their sorcerer's bag of tricks, imperial conglomerators typically have enough cash flow to pay for big ad budgets, big consulting fees, major lobbyist services, and big transaction costs. All of this helps to bribe elements of the media, academia, the consulting profession, Washington, and Wall Street into saying nice things about them.

The urge towards reaching out and pulling in other corporations or banks can be the thirst of the parasite to continually reach out with its web-spinning capability to entrap and draw in new sources of fresh blood after it has depleted its current victims.
As an example, it is not uncommon on Wall Street to see a company that is failing to try to throw a "Hail Mary Pass" by using whatever resources it can muster to make some kind of merger or acquisition with a healthy company so that it can now raid its strategic assets for cash or conflate its sources of healthy cash flow with its own sick income statement.
As one example of greedy gamesmanship that severely abused the merger and acquisitions function on Wall Street, James B. Stewart described parasitic corporate raiding tactics by convicted Jewish stock swindlers Mike Milken and Ivan Boesky in his classic book Den of Thieves. Please also see the March 2002 article by Dr. William L. Pierce "Enron, Fastow, and the Looting of America."
When big bankers can suck lots of little banks around the country into their web, and on top of this buy off enough Congressmen to receive continued bailouts, they create enough organizational size and complexity to hide their malfeasance while drawing a nearly endless supply of new blood for sustenance. Endless, that is, until the whole system becomes so corrupt and dysfunctional that it collapses --a fate that looms directly in front of us today.
I have already covered in some detail the historical campaign for money center bank centralization in America in my discussion of The Money Masters and the Fed in this chapter. As if national centralization were not bad enough, it is worth including a quote from professor Carroll Quigley about the Jewish push to install a global "Fed" system. (Tragedy & Hope: A History of the World in Our Time, page 324; reported in the article: “America Is A Don’t Ask, Don’t Tell Nation” by Chris Hinkley, 30 Sept 2009 Idaho Observer).

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 agreement arrived at in frequent private meetings and conferences. The apex of the system was to be the Bank of 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.

 

 

False Flag operators typically require local control, and stage the attacks to increase overall control

Prior to establishing the Fed in 1913, Jews had already gobbled up control of the New York Times and other major papers around America, as documented by Henry Ford in The International Jew.
The Money Masters describes a $5 million publicity campaign run by the bankers to influence academics like Princeton University President Woodrow Wilson prior to passage of the Federal Reserve Act.
Later increased "local control" consisted not only of owning major media, but also funding university chairs and pushing Keynesianism and other economic philosophies that justify the dominance of Big Government and a Big Central Bank in peacetime over the rest of the economy.
After the Fed triggered the Great Depression by withdrawing liquidity from the banking system (explained in detail in the online pdf of America's Great Depression by Dr. Murray Rothbard), this presented opportunities to gobble up even more media. This included the Washington Post, which was acquired by the Jewish Meyer family at fire sale prices in the midst of the Great Depression.
If we get a future false flag attack, such as 10K nuclear blast, it will likely be used to justify a lock down on the Internet, which has provided unforeseen competition for the Zionist oligarchy.
In November 2009, in his interview with Alex Jones, financial commentator Bob Chapman described executive orders designed to give Obama dictatorial control over the economy (see YouTube video below). In addition, he has described “pure psychological warfare” in national media designed to thwart Congressman Ron Paul's initiative in Congress to audit the Fed.

  Alex Jones interviews Bob Chapman

 

Insiders usually personally profit –in more ways than one

At this beginning of this chapter I discuss how the Fed and Wall Street squeezed $700 billion in "free money" out of Congress and the U.S. taxpayer. In addition to overt bailouts, The Fed is a massive profit-subsidy machine for insiders from a variety of angles, including below market interest-rate loans made to member banks (guaranteeing highly profitable "spreads"), and artificially created reserves and lowered fractional reserve ratios extended to member banks which artificially boost loan volume. Books such as Secrets of the Temple by William Greider, and Secrets of the Federal Reserve by Eustace Mullins examine the mechanics of these subsidies in considerable detail.
One almost does not have to explicitly know the exact details about how insiders profit. It is intuitively obvious from the nature of the system itself, considering how the Fed can create money out of nothing, has never been seriously audited, operates in secrecy, and comprises the perfect inside information machine for Wall Street traders who hold high level "Fed connections."
According to many sources, the Fed is owned by many foreign central banks and major investment houses, yet knowledge of this insider ownership list has been suppressed by national media.
The Board of Governors are insiders in the fullest sense of the term, to the extent that all five members are Jews and hence are hardly representative of the U.S. population at large. As of Jan 2008, they were: Ben S. Bernanke, Chairman; Donald L. Kohn, Vice Chairman; Kevin M. Warsh; and Randall S. Kroszner.

 

100% kosher privately owned central bank

It is worth emphasizing that the state of Israel could never survive, and Jews could never retain their grip on power in America, were it not for their control of the Fed as a money machine. This has in turn provided them with the critical mass of funding necessary to buy off Congressmen and achieve massive direct aid from American taxpayers.
The fact that the ownership and management of the Fed is so heavily Jewish should sound alarm bells. Everywhere they have gone in the last 3,000 years of their very troubled history, Jews have excited resentment in host populations because of their propensity towards monopolistic, deceptive, and gangsterish tactics. I explain all of this in greater detail in my online discussion of Jewish criminal totalitarian psychopathology in the "Parasitism" section of my "Mutualism vs. Parasitism" article.
"Anti-Semitism" is not the big problem, but rather situations where Jews have become so powerful that they can brainwash host populations into thinking that "anti-Semitism" is more of a problem than their own skulduggery. Hence, concern about "anti-Semitism" is often a death-rattle "contrarian indicator" just like the way soon-to-die victims of hypothermia in the cold start feeling warm all over. When host societies become obsessed with "the problem of anti-Semitism," it has reached a social tipping point where bank robbers now run banks, liars now run media, lunatics now run asylums --and Jews now run the privately owned central banks like the Federal Reserve.
For honorable and patriotic people, the ultimate issue is not how you can avoid getting fired by keeping your mouth shut on Jewish issues, but rather how you can avoid degrading yourself by working for people who sell out to Jews who suppress free speech.

 

False flag attacks usually require the massive use of illusion and exploit ambiguity, surprise, credulity, and secrecy

Before a false flag attack can take place, its perpetrators must first create an at-risk, ambiguous situation that lends itself to false flag hijacking.
Congressman Davy Crockett once explained in broad political terms why it is important to be careful about what one creates: “A government powerful enough to give you everything you want is also powerful enough to take away everything you have got.”
We have already discussed in Chapters 7 and Chapter 8 how the same military and police exercises ostensibly designed to help prevent a terrorist attack are in fact the perfect vehicle to execute a false flag attack.
Similarly, I have already discussed how the Federal Reserve Banking System has accomplished the exact opposite of everything it was empowered to prevent in 1913. The very Federal Reserve bill that was passed by Congress in 1913 to ostensibly curb "The Money Trust" was in fact Trojan Horse legislation crafted by Paul Warburg, a prime member of the Money Trust itself.
In order for malefactors to initially create the “at risk” situation which they can exploit, the must first exploit ambiguity to stage the "set-up."

 

The Fed Exploits Ambiguity, Illusion, and Sophistry

Proponents of the Fed sold the institution to Congress in 1913 through a process called sophistry, which ancient Greeks referred to as the art of making the weaker arguments appear to be the stronger.
The field of economics, often called "the dismal science," is particularly vulnerable to sophistry because the decision-making process is rarely black and white or yields precise answers, unlike problems commonly seen in math or physics. Instead, sound decision-making often consists of netting out “major factors” against “minor factors.”
Economics used to be called “political economy” up until the early 20th century at many universities because economic issues typically consist of multiple layers of other types of issues, to include cultural and "ethnic survival" issues.
As one example where most American business people remain blind to the need to net our "major" and "minor factors" over the long as well as short run, , most business people today find it difficult to grasp the relevance of social factors or the need to retain various forms of political "control" while promoting "growth." In fact, from the 1970's to 1990's, they were even taught by controlled media and the federal government to encourage more "diversity," as if promoting racial, ethnic, and cultural chaos is an unqualified "good" without extremely serious potential long term ramifications.
For an alternative viewpoint, I recommend that they read Civil War Two: The Coming Breakup of America by Tom Chittum. Many economic policies that appear to yield good results for some goals in the short run can be total disasters regarding other important social goals in the long run, and vice versa. In short run, while multi-racialism can help profits by importing cheap Third World labor, in the long run once a dominant ethnic group falls below 75% of the total population, a society can become so unstable that it fissions apart into bloody civil war, as explained in Tom Chittum's book. The short advantages of low cost labor are negated by the bloodshed and destruction that come later. Even if multi-racialism does not in bloodshed, it can create other social costs in the form of increased social friction, class division, or the reduction in host genetic advantage through increased miscegenation.
Last, but not least, economic problems often resemble constraint analysis problems (see my discussion of "constraint analysis" in Chapter 38). Every move in a particular policy direction simply changes a particular mix of "pros" and "cons," but never completely gets rid of "cons." There is no such thing as a perfect economic policy, only "least bad" solutions.
The architects of the Fed exploited ambiguity by taking “at-risk” minor factors and turning them into “major factors” and vice versa. The “exceptions” became “the rule.” They also dishonestly edited their economic models to misrepresent the real world mix of positives and negatives.
This body of sophistry was later collated into an economic school of thought called “Keynesianism.” This has in turn spawned other schools of economic thought such as "Monetarism" and "Supply Side Economics" that simply tweak the edges within the same general intellectual sandbox that rationalizes a continuous peacetime central role for Big Government and Big Central Bank.

The following are examples where what were formerly economic "exceptions" become the new "rule" in the rarified world of central bankers and "modern liberal" academia.
The new “rule” following the Fed coup de etat of 1913: Central bank central planning and special privilege triumphs over bottom-up business entrepreneurship.
Under the old “rule,” an economy is the sum total of the execution of millions of business plans on a local level, heavily influenced by such social factors as individual creativity, cultural norms such as the Protestant work ethic, and the innate attributes of the underlying population.
I have read innumerable prospectuses and Form 10-Ks and attended all kinds of conferences where business executives pitch their business plans, and I have never heard anyone claim that their success or failure would depend primarily on Fed or U.S. Government interventionism and manipulation. Instead, most businesses focus on such bread and butter issues as the competitive quality of their products, the quality of their management teams, their marketing capabilities, and their research and development expertise.
The “exception” under the "old rule" was wartime, where the ability to manufacture money out of nothing, manipulate interest rates, and exert other forms of top-down control become critically important under very short term, emergency conditions.
Under the "new rule" (formerly the "old exception"), normal peacetime conditions require centralized manipulation of the money supply, interest rates, currency exchange rates, markets, and myriad other aggregate economic factors. Preserving the underlying cultural, racial, or ethnic character of the underlying population within national borders presumably no longer matters under the "new rule" unless the topic is Jewish racism (Zionism), in which case Zionist would have us believe that the Jewish people and Jewish state (Israel) remain the most sacred entities on this planet that must be kept pure at all costs.
Earlier in this chapter I have already described the views of famous academics and American political leaders who staunchly defended the "old rule," so no need to revisit them here. However, there are a few extra points worth making.
MIT professor and Nobel Laureate Martin Solow observed that technological innovation is a much bigger economic driver in the long run than financial manipulation. This was a concept that most people took for granted in the early 19th century, an era of continuing explosion in the number of patents from "Yankee Ingenuity" and other factors whose results fill the Smithsonian Institution in Washington, D.C. today.

In his lectures, Dr. Murray Rothbard frequently described how macro-economic theory taught in colleges typically contradicts micro-economic reality. This right here is a giant red flag. The whole scientific method is predicated on the assumption that truthful knowledge is logically consistent.
Dr. Thomas DiLorenzo frequently describes in his lectures how establishment economists are obsessed with mathematical models that are typically completely disconnected from reality. These mathematical models, incidentally, are a vital part of the overall illusion that somehow the Fed represents some kind of state-of-the-art scientific approach to economics.
Not surprisingly, installation of a central bank is a major item on the plank of the Communist Manifesto. It supports the general program to eliminate private property rights and centralize economic as well as political authority in the state. In his book The Age of Uncertainty, the late Harvard economist John Kenneth Galbraith described how many of his students were shocked when they initially read the Communist Manifesto and saw how many items Karl Marx called for that have become reality in America today. Milton Friedman similarly observed in a late 1970's Forbes interview that virtually every item on the 1928 Socialist plank have now been fulfilled in America.
Lenin once stated that the establishment of a central bank was 90% of communizing a nation. Lenin himself (and Trotsky) were required to place MI6 operatives in key positions during the Russian Revolution. These operatives were in turn controlled by the Rothschilds and other Jewish overlords in the City of London.

9/11 and Wall Street Derivatives

There is another very important point I need to make on the topic of exploiting illusion and sophistry. This is the idea that Wall Street and the Fed are fundamentally "derivative" in nature, much like the 9/11 or London 7-7 false flag attacks are fraudulent "derivatives" of legitimate military and police preparedness exercises.
On Wall Street, a "derivative" refers to a financial instrument usually created to leverage or hedge price moves of another underlying financial instrument.They typically expire after a fixed period of time. While they generate tremendous commission income for Wall Street firms, they also tend to be dangerous for many reasons.
With many derivatives, when the market moves in the wrong direction, they become worthless. It is often very hard for even the most intelligent and experienced investors to predict short to intermediate term market moves. In a market melt-down, those derivatives that do not become worthless can still become totally illiquid when major investors freeze up in fear.
Billionaire ace investor Warren Buffet has complained that derivatives are often so complicated that even he does not understand them. Lastly, they focus investor's attention on the most speculative aspects of investments that typically involve price movements but not the underlying quality of the company that may issue the very stocks or bonds that the derivatives are based upon.
The price movements that affect the value of derivatives are typically heavily influenced by such fickle intangibles as investor sentiment and market price swings. People who play with derivatives typically have a speculative mentality that is the complete opposite of someone like a Henry Ford or Thomas Edison who focused their time and attention on tinkering with real things that have real usefulness to others.
Financial derivatives are a step or two removed from such business "fundamentals" as real cash flow earned by real products, or real innovations that go into building better mousetraps.
Last, but not least, there is a very important moral issue regarding the kinds of people who promote derivatives compared to the Henry Fords of this world. As a rule of thumb, the more someone gets involved in "speculative" activities, the harder it becomes to enforce honesty. By engaging in speculation, people accept levels of risk and lower standards that become completely decoupled from "fundamentals." It becomes vastly harder to prove fraud and convict swindlers in a court of law.
The Fed itself is highly "derivative" in its operations. Its "reserves" are based upon "loans" rather than items of intrinsic value such as gold and silver. It milks the American productive base by manipulating the money supply, interest rates, and other financial tools, while simultaneously driving gold and silver out of existence as legal tender. It also turns a blind eye to such deep "fundamentals" as the destruction of America's dwindling white middle class and its industrial base.
The Fed has sanctioned the growth of unregulated derivatives, which Warren Buffet calls "weapons of mass financial destruction," so that they now amount to hundreds of trillions of dollars and threaten global economic collapse. The growth of derivatives got their big start in the early 1970's, when the U.S. completely delinked the dollar from gold. Investment banks sold derivatives as a new way to hedge against currency risks rather than rely on the vastly simpler and more robust old system of converting currency back and forth into gold or some other precious metal.
Last, but not least, I would like to relate the growth of unregulated derivatives to massive corruption that now permeates American society.
Studies of criminals and psychopaths show that they tend to gravitate towards activities that emphasize excitement and quick gain. Not surprisingly, as they gain control of institutions --any institutions-- they tend to reshape and distill them into exploitation rackets.
I have already discussed the corruption of the U.S. Government, where Israel can screen out any prospective government employees it does not like, and over 95% of Congress slavishly follows the Zionist line. I have discussed the infiltration and corruption of academia with "Keynesianism." In Chapter 36 I explore corrupt Big Pharma that promulgate false flag pandemics and has become "derivative" of anything that heals. In Chapter 37, I discuss the U.S. "defense" establishment as "derivative" of a "citizen soldier" military.
The "derivative" concept often suggests that something has morphed into a quasi-religious cult, where people suspend normal skepticism. Interestingly enough, in William Greider's classic work Secrets of the Temple: How the Federal Reserve Runs the Country, makes the point that the Fed runs off "confidence" just like a religious establishment. Not surprisingly, its Jewish perpetrators have a 3,000 year history of disproportionate representation as fakirs, magicans, con artists, swindlers, and false prophets. Later I will discuss Dr. Rebecca's Carley's view that the medical and Big Pharma establishments have become voodoo cults, and my own views in Chapter 37 about various ways that the Pentagon has become a Zionist Zombie walk into Stalingrad II.
There are also philosophical linkages here with the sociobiological concept of "parasitism," which informally translates into the concept of "criminality." America has had a criminal elite in charge of its central bank and national media since the early 20th century. These malefactors have infected all strata of American society with their innate criminality, which in turn has translated into highly unnatural "derivative" institutions. They are decoupled from the kinds of grass roots institutions that once provided real value that were created by America's overwhelmingly WASP majority in the 19th century, prior to the age in which most Americans became heavily propagandized by Jewish television and other nefarious influences.

 

Exploiting Credulity, Arbitraging Confidence

The concept of "arbitrage" is very basic to most Wall Street trading strategies. The idea is to find market distortions and inefficiencies that should correct over time, and then take positions that make money as historical norms reassert themselves.
Let's say, for example, that a national media source has issued misinformation that product "A" produced by Company A has within it a defect that requires its recall off the shelves. Its competitor, firm B, now stands to make a killing with competing product "B." Both products are critical for the earnings of their respective companies. The moment the false news reaches the public, the stock price of firm A plummets while the price of B jumps. Ordinarily their stocks tend to trade in parallel with each other on Yahoo charts.
As an investor, I can "arbitrage" this temporary distortion by going long A and by simultaneously shorting B. I expect that once the false news gets corrected with the public, that stock prices will return to their normal parallel trading relationships. Hence, I am "arbitraging" a "market inefficiency" or distortion created by false news, and have a high probability of locking in a trading profit, minus transaction costs.
Hence, an arbitrage consists of two steps. First, the creation of the distorted situation. Secondly, taking a position that benefits from its eventual resolution.
Both the 9/11 "inside job" and the Fed reflect a "credibility" arbitrage games played on the American public.
First, we have to examine "Step One" behind both entities. This is the creation of the initial "distortion" away from reality.
In regard to the 9/11, first the public is misled to believe that it can actually trust the leaders of Israel, the U.S. government, and the U.S. military, FBI, and CIA not to kill 3,000 innocent Americans in broad daylight and start wasteful wars that benefit Israel at America's expense. The failure of the American public to adequately comprehend the truly corrupt and treasonous nature of their political leaders is the Step One "distortion."
If the American public at large was capable of facing reality, shortly after 9/11 they would have forced their law enforcement personnel to arrest arch-Zionist Larry Silverstein and Vice President Dick Cheney. America would have immediately cut off all further aid to the Mossad-Khazar occupiers of Palestine.

The creation of the Fed in 1913 also reflected a flight from reality. Despite the fact that three central banks had already been canned by early American leaders as scams in the late 18th and early 19th centuries (as explained in detail by The Money Masters earlier in this chapter), in 1913 Congress foolishly decided that "this time it will be different" and it was "OK" to step off the yellow brick road of gold-backed currency into the sweet-smelling poppy fields of fiat money.
Despite the fact that Jews have been despised everywhere they had gone for the last three thousand years "as the most criminal of all races," this time it was "OK" to let Rothschild wizards like Paul Warburg and his Morgan and Rockefeller allies act as the "men behind the curtain" in designing and running the Federal Reserve System.
Somehow all the stability and prosperity created during the relatively decentralized 19th century would magically carry on through the centralization of the 20th century and save America from the Wicked Witch of business recessions and market panics. (It is entirely appropriate to use Wizard of Oz imagery, since the original children's story by L. Frank Baum was deliberately meant to contain symbolic satire regarding American financial system issues at the end of the 19th century).
On 9/11 the power elite "shorted" America by aligning themselves with the forces that are degrading this country, just like the interests of short sellers on Wall Street are aligned with forces that drive down stock prices. If they were serious about going "long" America, once all the evidence was in during the mid-1980's that American suffered from chronic and continuing productivity decline, they would have taken necessary measures to restore the dwindling industrial base and white middle class. Instead, they have put the pedal to the medal to outsourcing industry to China and sanctioning biological replacement of whites with illegal Third World immigrants.
The power elite has achieved a "9/11 short profit" by siphoning off more aid to the Zionist state and securing their position at the top of the American power pyramid through more deception and coercion, while the "stock" of America has declined in terms of constricted Constitutional rights, loss of international prestige, and increased economic weakness resulting from the incurrence of more debt and the wastage of trillions spent to further reduce Muslim enemies of Israel.

 

 

Creating and Sustaining Illusions

In considering the "sugar" false flag concept, let us remember how we can view it on an abstract as well as concrete level.

a) The “false flag” operation involves a major decoy or deception operation. It is usually based upon an incident that is either completely fabricated or upon an actual event that has been grossly embellished and distorted. On a more abstract level, the “decoy” can also be purely intellectual in nature, such as a the development and promulgation of a fraudulent political, religious, or economic ideology.
b) The deception operation unfairly lays blame on the wrong culprits or creates false scapegoats for major social ills.
c) The decoy operation is consciously promulgated by a power elite openly or secretly at war with the rest of society in order to serve their interests at the expense of the host.
d) The power elite has enough media control to not only precondition the public prior to the event, but also to significantly disinform society both during the event and the continuing cover-up that follows.
e) The decoy operation is usually executed to help accomplish a major fault shift in the social or economic policy of the host society.

One can make a strong argument that through the 1990's and up until today the Fed has been running a continuous "sugar" false flag operation that has given most Americans a false sense of security regarding the true nature of the underlying economy. According to research provided by the GATA and other sources, the Fed has engaged in a coordinated selling campaign with other central banks to artificially suppress the price of gold to suppress gold as a barometer of inflation. It has simultaneously continuously pumped the money supply to help promulgate bull markets and other "feel good" economic indicators.
America has in essence experienced a replay of the "London Gold Pool" episode of the 1960's, where Lyndon Johnson kept the price of gold artificially suppressed through central bank sales in order to convince foreigners that the dollar was not inflating, when he in fact was financing the Vietnam War with inflated dollars.

The Fed has already ignited two giant market bubbles that dwarf anything by 1960's standards; first the Y2K "liquidity pump" that ignited the market manias of the late 1990's, and the housing bubble that finally completely burst with the Oct 2008 bailout.
In brief, the London Gold pool episode was a hat trick where the Lyndon Johnson administration deliberately suppressed the price of gold through market intervention to suppress an important barometer of inflation. Meanwhile, he was paying for the Vietnam War through inflation rather than increased taxation to avoid political fall out. He was able hide the immediate effects somewhat of the money supply growth because the dollar had become the global currency, and foreign banks were largely willing (with the exception of the Charles DeGaulle administration in France) to simply eat the excess dollars by piling them up in their bank reserves without asking the U.S. to redeem them in gold.
During the Clinton administration, Secretary of the Treasury Robert Rubin deliberately ran up the dollar through market manipulation to create a false appearance of economic strength. The Fed simultaneously coordinated with other central banks to keep the price of gold artificially suppressed through a coordinated selling campaign. In addition, the Fed has supplied as much as $50 billion at a time to allied investment banks through the "repo" market to engage in stock market interventions to keep it artificially elevated through index futures and other tools.
Between 1994 and 2004 the rate of inflation was at least 10% a year, but the Fed kept its discount rate well below half of that rate. This defies all rational bond valuation models since in the long run, inflation directly correlates with money supply growth. However, the artificially low interest rates help keep the stock market elevated and avoid a recession.
Even more significant, just like Lyndon Johnson wanted to avoid the political impact of Vietnam War spending, the Zionist neo-cons want to keep the general public anesthetized with a reasonable level of "good feeling" until they have had adequate time to launch their Middle Eastern invasions with U.S. troops and fully construct the martial law police state mousetrap at home.
In a radio talk show interview I gave with Street Talk Live in 2004, I observed that we should have had double digit interest rates beginning in the mid-1990's, and we are long overdue. We are now vastly more overdue, given that the Fed has stopped reporting M3 in 2006, and actual inflation is probably running in the high teens or low twenties. It will only get worse as Chinese, Russians, Japanese, and other foreigners cut back on buying American debt and shy away from holding increasing amounts of dollars in favor of gold.
At the root of the problem, America has lost the capacity to turn around its trade deficits, because it has lost most of its domestic manufacturing capability. The rehabilitation of manufacturing necessarily implies rehabilitation of the dwindling white middle class and the employment of nationalist policies to encourage domestic reinvestment in industrial facilities.
In contrast, the Zionists have always pushed for multiracialism, multiculturalism, philo-Semitism and internationalism in America. The Rothschilds have favored shifting American wealth to China. As Michael Collins Piper documents in Final Judgment, and Col Donn de Grand Pre confirms in his "Snake Book" series, Israel gave China its atomic bomb technology, as well as a considerable amount of military technology and leading technologies in other areas.
Vladamir Putin's behavior in Russia, where he has curbed the power of Jewish oligarchs and opposed the New World Order in international initiatives, is a scary taste to the Jews regarding what any American political leaders with genuine pro-nationalist sentiments might try to do to them. Therefore, they are between a rock and a hard place. On the one hand, they want to support the Zionist-dominated, neo-Jacobin, multiracial, multicultural global super state concept that has made America such an excellent riding horse for Jews, but at the same time their toxic influence has broken this "horse" down to the point that it may either become a candidate for the glue factory or else with its last strength it might turn rebellious and buck its Jewish overlord off the saddle for good.
Meanwhile, national media continues to downplay real inflation, as well as the existence of such behind-the-scene nastiness as intended global genocide behind the swine flu false flag pandemic. National media never identify the really important culprits behind our economic malaise such as the decline of the white middle class, the displacement of the Protestant work ethic with Jewish speculative values, or the outsourcing and disinvestment of American strategic industries.
Significantly, there are other continuing "sugar" false flags that maintain a political climate favorable to Jewish interests that I cover in Chapter 38. Some qualify as "PSYOPs." One is the Moon Hoax, which gives Americans an exaggerated sense of their "can do" capabilities and technological superiority. Another is "Christian Zionism," which promotes insane notions of "Holiness" about Jews, known to others as "the most criminal of all races."

 

 

Continued exploitation of historical illusion

It is interesting to ponder how G. Edward Griffin's "Creature from Jekyll Island" could never have come into existence in peacetime were it not for the way in which America took a permanent ideological departure from reality during the War Against Southern Independence and the Reconstruction-Oppression Era to permanently embrace neo-Jacobinism. I have already mentioned "The American Lenin" by L. Neil Smith, the King Lincoln archive at lewrockwell.com, or the brilliant article “Shattering the Icon of Abraham Lincoln” by Sam Dickson which describe this shift.
Significantly, since its creation in 1913, Americans have never mounted a successful political challenge to the Fed's existence, in contrast to three successful efforts to end three different central banks within the first six decades of the American republic's existence. The host can no longer throw off its parasite.
There were many profound sociological changes that took place in America between the War Against Southern Independence and 1913, to include the decline of the Nordic percentage of the overall population, the rise of Catholic political machines envious of WASP's and often allied with Jews against them, the enfranchisement of women (who vote about one standard deviation to the ideological left of men), and the shift of a vast portion of the U.S. population away from self-sufficient farming to urban wage employment. What we see is a society increasingly addicted to ideology and political mythology to hold everything together.
Increasingly, America became a giant neo-Jacobin bloat bag that slowly converted noble and productive institutions created in the 19th century into derivative exploitation rackets. The power elite increasingly told ever bigger lies and increasingly used the central bank to levy hidden taxes to redistribute middle class wealth and hold the "inland empire" between the Atlantic and Pacific together at all costs by paying off various factions.
Rather than view the Fed as an expression of a more enlightened financial system, one can legitimately take the exact opposite view. In my "centralization vs. decentralization" online article, I explain how government can change from a limited republic to ponzi government and then finally to evil government over time. The Fed is like a cancerous tumor that started growing once government transitioned from the "ponzi" to the "evil" stage.

 

 

Controlled national media typically pre-condition Americans to accept false flag illusions prior to the attacks as well as accept permanent cover-ups

Perhaps one important reason why early Americans defeated three separate attempts to create a central bank by the time of Andrew Jackson's presidency is that Jews had not acquired sufficient monopoly power over American media. However, once Jews achieved this level of media control by the early 20th century, Americans lost the political capability to ever seriously challenge the Fed following its creation in 1913.
Even without media control, America's early central banks tried to exploit illusion to stay in power. The Money Masters provides repeated historical examples between the American Revolution and 1913 where bankers artificially contracted credit and created recessions in an effort mislead the public into accepting the false idea that a central bank was vital for a stable economy.

 

 

False Flag attacks typically have Kabbalistic or Masonic numerological significance.

Federal Reserve notes such as the dollar bill are loaded with creepy Masonic and Kabbalistic symbolism. Note how the stars above the eagle on the back forms a Star of David? The pyramid with the seeing eye is an Illuminati symbol. “Novus Ordo Seclorum” means “New World Order” in Latin.
There also appear to be some Kabbalistic connections to certain historic market crash dates. For example, “Black Tuesday” was October 29, 1929. 16 million shares were sold following 12.8 million shares on “Black Thursday.”
If insiders ever wanted to deliberately administer a market coup de grace, this was it. The Money Masters claims that Zionist Bernard Baruch told Winston Churchill that this was all planned in advance, and had Churchill present to watch over the New York Stock exchange while it was happening.
We know that the Cabalists absolutely love “11” patterns, as in 9-11 or the big “11” formed by the two World Trade Center Towers, or the 110 stories of each tower (knock out the zero in 110 to get 11).
Using the numerological practice of adding digits within each date field and knocking out the zeroes, 10-29-1929 becomes 1-11-21. If we simply add up each two digit combination consisting of 10-29-19-29, we get 1-11-1-11. Very interesting.
Black Monday refers to Monday, October 19, 1987 , that is 10-19-1987, which becomes 1-1-11-5 or add the year field digits again and we get 1-1-7.

 

 

Our current financial crisis and where everything may be headed

I believe that economic fundamentals will continue to deteriorate in America. This will increase pressure over time for oligarchs to continue using false flag attacks as an Orwellian means to divert public attention towards fabricated enemies.
Given current economic trends, it is likely that the dollar will eventually become close to worthless. Bob Chapman, author of The International Forecaster, believes that gold will zoom over $4,000-$5,000 an ounce.
Economic conditions may become so horrible with a hyperinflationary depression that the fate of America will shift towards extreme political solutions rather than economics per se. These measures may include secessionism, as predicted by Russian analyst Professor Igor Panarin, or "Civil War Two," as envisioned by Tom Chittum's classic book.
These extreme political measures may also involve the actualization of more evil Zionist schemes, such as global nuclear war or mass genocide from global false flag pandemics.
Paradoxically, the future looks clearer the further out we go, namely fifty to seventy years, in these sense that I think is inevitable that America will some day break up. America has become too multiracial and multicultural to retain cohesion. Tom Chittum is correct that once a dominant ethnic group drops below 75% of a total population, the odds of fissioning apart begin to skyrocket. The old WASP majority of the 19th century was always a bit shaky, because it was always a conglomeration of different northern European nationalities, but now even that has become just one more minority. Furthermore, America has made too many enemies around the world who would benefit by getting the American global empire off their back.
There are too many good reasons for an eventual break-up for it not to happen, to include libertarian reasons held by genuine American patriots born and bred in America, as well as anti-imperialist reasons held by America's enemies overseas who are sick and tired of the meddling Zionist global super state.
Ironically, on 9-11 the Zionist power elite effectively cast its vote for an eventual breakup of America. They "shorted" the country, in essence viewing it as a place to exploit by all means possible as it goes down, rather than something to nurture by way of a "long" position to help get back on its feet.
Hopefully America will be able to muddle through with minimum violence, as did the former Soviet Union did. However, muddling does not mean complacency.
Certainly one area which merits additional research and analysis involves finding legal ways to incentivize members of the U.S. military, security and intelligence services, and police forces to go after the ill-gotten wealth of Zionist criminal plutocrats. To the extent that the Federal Reserve Banking System is fundamentally a criminal enterprise, if only in the spirit of the law rather than by letter of law, then all Zionist criminals that have benefited from its existence are sitting on ill-gotten wealth subject to confiscation and forfeiture. This includes all Jewish heads of Wall Street firms that have benefited from their relationship with the Fed, or for that all matter everyone connected to criminal Zionist plutocrats anywhere in the world who could be considered fellow travelers.
We need to find ways to pay large bonuses and commissions out of all ill-gotten Zionist wealth to incentivize military, security and intelligence agencies, and police to get after Zionist malefactors and bring every last one of them to justice. We also need to find ways to incentivize private citizens to also go after this wealth, to include adapting methods that have been historically successful with privateers and bounty hunters. Imagine how many policemen and military personnel could be "set for life" from commissions paid out by simply bringing just one Zionist billionaire such as Larry Silverstein to justice!

 

Perhaps nothing symbolizes the conversion of America’s once productive industrial economy into a mostly transactional, service-oriented, casino society better than the skyrocketing growth of Las Vegas. Many economic studies show that the total impact of gambling does more to hurt society than help it, and therefore may be considered as just one more parasitic influence that festers on the back of declining America --along with hundreds of trillions of unregulated Wall Street derivatives that threaten to melt down the global financial system --all promulgated by "the usual suspects."

 

 

Update articles and other references:

2011-03-04 True Cost Of The Wall Street Bailout - PBS VIDEO. Lord Stirling commented in his 1 March 2011 blog "The amount of money is just a part of the overall money being spent, including that going to European banks, etc.....the real total is perhaps US $30 TRILLION."
2011-03-03 NM Rothschild & Sons Are Moving In For The Kill! Witness Their Work All Over The Globe! RIGHT NOW!!! by Raymond L’Heureux and Richard Salbat, also William Still, sovereignindependent.com
2010-11-10 Jesse Ventura Takes On Wall Street, Infowars.com web page.
2010-11-06 Jesse Ventura Conspiracy Theory Season 2 Episode 3 Part 1 of 3 (Wall Street)

Jesse Ventura Conspiracy Theory Season 2 Episode 3 Part 1 of 3 (Wall Street

 

2010-08-29 Behind the Wheel by Lars Schall, Catherine Austin Fitts explains her concept of "`The central banking-warfare investment model' [which] is really a control model, through which a small group of people can control the most resources on the most profitable basis. Essentially what happens is: Central banks print money and then the military makes sure that other parties accept it and that the financial system continues to have liquidity..."
2010-04-19 Goldman Sachs' Bloody Nose: But Why Now? by Mike Whitney, Counterpunch.com "There's something fishy about the SEC's suit against Goldman Sachs...There's little doubt that Goldman is guilty of fraud."
2010-04-07 Goldman Again Tries To Dispel Notion That It Bets Against Its Clients by Henry Blodget. Business Insider, from FT
2010-04 "I'm Doing God's Work: CEO of World's Most Evil and Corrupt Bank, Goldman Sachs, Arrogantly Boasts" by Texe Marrrs, Power of Prophecy Newsletter, "`Number 85, Broad Street, in lower Manhattan (New York City) is where the money is. All of it.' This was what The Sunday Times, one of Britain’s most prestigious and internationally known newspapers reported on November 9, 2009. The newspaper went on to say that this address is "the site of the best cash-making machine that global capitalism has ever produced." But, said the paper, the firm that operates out of this site is much more than only an economic Goliath, it is also "a political force more powerful than governments."
2010-03-08 First Iceland, then the World by Michael Collins "Iceland's size and the very dire circumstances offer a focused preview for citizens around the world. The banks make bad deal after bad deal. When they're about to fail, the government steps in with a taxpayer bailout. It doesn't matter which faction of the narrow political spectrum is in charge. The message is starkly clear -- when the banks fail, you pay. The solution is presented to citizens as a fait accompli, a mandatory submission to indefinite financial slavery for the benefit of the failed financial elite. The will of the people doesn't matter even when there's a direct vote."
2010-01-29 The Battle of the Titans: JPMorgan Vs. Goldman Sachs, Or Why the Market Was Down for 7 Days in a Row Ellen Brown, webofdebt.com
2010-01-29 Secret banking cabal emerges from AIG shadows -David Reilly
2010-01-07 The Year of the Great Vampire Squid, by Catherine Austin Fitts
2009-12-22 Société Générale Predicts Global Economic Collapse In Two Years Time by Ambrose Evans-Pritchard, Telegraph.co.uk
2009-11-19 Marc Faber: Total Collapse Will Come, Economic Armageddon, Dollar Crash! "“The Future will be a total disaster, with a collapse of our capitalistic system as we know it today, wars, massive government debt defaults and the impoverishment of large segments of Western society.” [Source: The Gloom, Boom & Doom Report (9/09)]"

2009-12-14 Why Is All This Happening? It’s the War Between Bankers by Bill Sardi. Not only are many American banks at only 8% cash reserves, but "Five investment banks in the U.S. (Goldman Sachs, Lehman Brothers, Bear Stearns, Merrill-Lynch and Morgan Stanley) appealed to the Securities Exchange Commission (SEC) and won the privilege to carry a 20-to-1 or even 30-to-1 ratio of capital to loans (not the same as cash reserves, as mentioned above)."
2009-11-19 Goldman, God & the Great Vampire Squid, Catherine Austin Fitts, News & Commentary
2009-11-01 How Goldman secretly bet on the U.S. housing crash, by Greg Gordon, McClatchy Newspapers
2009-10-16 Goldman Sachs' Black Magic, Here's How They Did It, by Dylan Ratigan, The Huffington Post. "How did Goldman, Sachs & Co. -- saved a year ago by the US taxpayer -- magically make $3 billion in 3 months a year later?"

Oct 16, 2009: MSNBC's Dylan Ratigan dresses up as a magician to show "Goldman Sachs's magic trick"

2009-09-11 Poverty Hits 1 in 8 Americans
2009-09-02 Bernanke threatens economic crash if Congress audits Fed, LA County Nonpartisan Examiner, Carl Herman

2009-07-30 Cost Of Bailout Hits A Whopping $24 Trillion Dollars $80,000 for every American, Paul Joseph Watson, PrisonPlanet.com:
2009-06-18 Obama Regulatory Reform Plan Officially Establishes Banking Dictatorship, Paul Joseph Watson & Steve Watson, Prison Planet.com, Thursday
2009-06-12 Bob Chapman on The Alex Jones Show 3/4:The Great Bank Heist of 2009

2008-09-25 Is The Bailout A Rothschild Trick? # 57 by Brother Nathanael Kapner

Other Videos:

 

Web Sites:

endthefedusa.ning.com End the Fed activist web site.
tomatobubble.com: THE FORBIDDEN TRUTH ABOUT ECONOMICS & HISTORY. For an excellent overview of international banking, see FORBIDDEN HISTORY: TIMELINE OF THE NEW WORLD ORDER 1763-1816, 1820-1880, 1881-1910, 1921-1930, 1931-1939