The BANKERS are dictating US wars! It'a about money and power.
Mamboni comments: the list of nations that refused to buckle under to the new WTO rules that put Wall Street Banks-City of London at the very top of the derivatives power structure are the same nations that the US has been systematically bombing, invading and occupying. Is this a coincidence? You decide.
Making the World Safe for Banksters: Syria In the Cross-hairs
Posted on Sep 5, 2013
By Ellen Brown, Web of Debt
This piece first appeared at Web of Debt.
“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.” —Prof. Caroll Quigley, Georgetown University, Tragedy and Hope (1966)
In an August 2013 article titled “Larry Summers and the Secret ‘End-game’ Memo,” Greg Palast posted evidence of a secret late-1990s plan devised by Wall Street and U.S. Treasury officials to open banking to the lucrative derivatives business. To pull this off required the relaxation of banking regulations not just in the US but globally. The vehicle to be used was the Financial Services Agreement of the World Trade Organization.
The “end-game” would require not just coercing support among WTO members but taking down those countries refusing to join. Some key countries remained holdouts from the WTO, including Iraq, Libya, Iran and Syria. In these Islamic countries, banks are largely state-owned; and “usury” – charging rent for the “use” of money – is viewed as a sin, if not a crime. That puts them at odds with the Western model of rent extraction by private middlemen. Publicly-owned banks are also a threat to the mushrooming derivatives business, since governments with their own banks don’t need interest rate swaps, credit default swaps, or investment-grade ratings by private rating agencies in order to finance their operations.
Bank deregulation proceeded according to plan, and the government-sanctioned and -nurtured derivatives business mushroomed into a $700-plus trillion pyramid scheme. Highly leveraged, completely unregulated, and dangerously unsustainable, it collapsed in 2008 when investment bank Lehman Brothers went bankrupt, taking a large segment of the global economy with it. The countries that managed to escape were those sustained by public banking models outside the international banking net.
These countries were not all Islamic. Forty percent of banks globally are publicly-owned. They are largely in the BRIC countries—Brazil, Russia, India and China—which house forty percent of the global population. They also escaped the 2008 credit crisis, but they at least made a show of conforming to Western banking rules. This was not true of the “rogue” Islamic nations, where usury was forbidden by Islamic teaching. To make the world safe for usury, these rogue states had to be silenced by other means. Having failed to succumb to economic coercion, they wound up in the crosshairs of the powerful US military.
Here is some data in support of that thesis.
The End-game Memo
In his August 22nd article, Greg Palast posted a screenshot of a 1997 memo from Timothy Geithner, then Assistant Secretary of International Affairs under Robert Rubin, to Larry Summers, then Deputy Secretary of the Treasury. Geithner referred in the memo to the “end-game of WTO financial services negotiations” and urged Summers to touch base with the CEOs of Goldman Sachs, Merrill Lynch, Bank of America, Citibank, and Chase Manhattan Bank, for whom private phone numbers were provided.
The game then in play was the deregulation of banks so that they could gamble in the lucrative new field of derivatives. To pull this off required, first, the repeal of Glass-Steagall, the 1933 Act that imposed a firewall between investment banking and depository banking in order to protect depositors’ funds from bank gambling. But the plan required more than just deregulating US banks. Banking controls had to be eliminated globally so that money would not flee to nations with safer banking laws. The “endgame” was to achieve this global deregulation through an obscure addendum to the international trade agreements policed by the World Trade Organization, called the Financial Services Agreement. Palast wrote:
Until the bankers began their play, the WTO agreements dealt simply with trade in goods–that is, my cars for your bananas. The new rules ginned-up by Summers and the banks would force all nations to accept trade in “bads” – toxic assets like financial derivatives.
Until the bankers’ re-draft of the FSA, each nation controlled and chartered the banks within their own borders. The new rules of the game would force every nation to open their markets to Citibank, JP Morgan and their derivatives “products.”
And all 156 nations in the WTO would have to smash down their own Glass-Steagall divisions between commercial savings banks and the investment banks that gamble with derivatives.
The job of turning the FSA into the bankers’ battering ram was given to Geithner, who was named Ambassador to the World Trade Organization.
more at
http://www.truthdig.com/report/item/...irs_20130905//
Re: The BANKERS are dictating US wars! It'a about money and power.
General Wesley Clark:
Because I had been through the Pentagon right after 9/11. About ten days after 9/11, I went through the Pentagon and I saw Secretary Rumsfeld and Deputy Secretary Wolfowitz. I went downstairs just to say hello to some of the people on the Joint Staff who used to work for me, and one of the generals called me in. He said, "Sir, you've got to come in and talk to me a second." I said, "Well, you're too busy." He said, "No, no." He says, "We've made the decision we're going to war with Iraq." This was on or about the 20th of September. I said, "We're going to war with Iraq? Why?" He said, "I don't know." He said, "I guess they don't know what else to do." So I said, "Well, did they find some information connecting Saddam to al-Qaeda?" He said, "No, no." He says, "There's nothing new that way. They just made the decision to go to war with Iraq." He said, "I guess it's like we don't know what to do about terrorists, but we've got a good military and we can take down governments." And he said, "I guess if the only tool you have is a hammer, every problem has to look like a nail."
So I came back to see him a few weeks later, and by that time we were bombing in Afghanistan. I said, "Are we still going to war with Iraq?" And he said, "Oh, it's worse than that." He reached over on his desk. He picked up a piece of paper. And he said, "I just got this down from upstairs" -- meaning the Secretary of Defense's office -- "today." And he said, "This is a memo that describes how we're going to take out seven countries in five years, starting with Iraq, and then Syria, Lebanon, Libya, Somalia, Sudan and, finishing off, Iran." I said, "Is it classified?" He said, "Yes, sir." I said, "Well, don't show it to me." And I saw him a year or so ago, and I said, "You remember that?" He said, "Sir, I didn't show you that memo! I didn't show it to you!"
http://www.youtube.com/watch?v=r8YtF76s-yM
Re: The BANKERS are dictating US wars! It'a about money and power.
Quote:
“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.” —Prof. Caroll Quigley, Georgetown University, Tragedy and Hope (1966)
So true.
Re: The BANKERS are dictating US wars! It'a about money and power.
Crises there will continue to be. In meeting them, whether foreign or domestic, great or small, there is a recurring temptation to feel that some spectacular and costly action could become the miraculous solution to all current difficulties. A huge increase in newer elements of our defense; development of unrealistic programs to cure every ill in agriculture; a dramatic expansion in basic and applied research -- these and many other possibilities, each possibly promising in itself, may be suggested as the only way to the road we wish to travel.
But each proposal must be weighed in the light of a broader consideration: the need to maintain balance in and among national programs -- balance between the private and the public economy, balance between cost and hoped for advantage -- balance between the clearly necessary and the comfortably desirable; balance between our essential requirements as a nation and the duties imposed by the nation upon the individual; balance between actions of the moment and the national welfare of the future. Good judgment seeks balance and progress; lack of it eventually finds imbalance and frustration.
The record of many decades stands as proof that our people and their government have, in the main, understood these truths and have responded to them well, in the face of stress and threat. But threats, new in kind or degree, constantly arise. I mention two only.
IV.
A vital element in keeping the peace is our military establishment. Our arms must be mighty, ready for instant action, so that no potential aggressor may be tempted to risk his own destruction.
Our military organization today bears little relation to that known by any of my predecessors in peacetime, or indeed by the fighting men of World War II or Korea.
Until the latest of our world conflicts, the United States had no armaments industry. American makers of plowshares could, with time and as required, make swords as well. But now we can no longer risk emergency improvisation of national defense; we have been compelled to create a permanent armaments industry of vast proportions. Added to this, three and a half million men and women are directly engaged in the defense establishment. We annually spend on military security more than the net income of all United States corporations.
This conjunction of an immense military establishment and a large arms industry is new in the American experience. The total influence -- economic, political, even spiritual -- is felt in every city, every State house, every office of the Federal government. We recognize the imperative need for this development. Yet we must not fail to comprehend its grave implications. Our toil, resources and livelihood are all involved; so is the very structure of our society.
In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the militaryindustrial complex. The potential for the disastrous rise of misplaced power exists and will persist.
We must never let the weight of this combination endanger our liberties or democratic processes. We should take nothing for granted. Only an alert and knowledgeable citizenry can compel the proper meshing of the huge industrial and military machinery of defense with our peaceful methods and goals, so that security and liberty may prosper together.
Military-Industrial Complex Speech, Dwight D. Eisenhower, 1961
http://coursesa.matrix.msu.edu/~hst3...ts/indust.html
Re: The BANKERS are dictating US wars! It'a about money and power.
Is it possible that the Generals in the US military are unaware of the bankster agendas? Wesley Clark gives us a list of countries to be taken down, but no reasons for it. I doubt that he is an innocent, but I also doubt that he understands who really controls events, and believes that the formal power structure is his chain of command. I think military people are like mafia hitmen. And their simple explanation of politics is: "Knowing when to pull the trigger." Somebody has to order them to pull the trigger. And too often they don't know why nor do they care. If we had a smarter military, maybe we wouldn't be in such deep shit.
Hatha
Re: The BANKERS are dictating US wars! It'a about money and power.
Quote:
Originally Posted by
Hatha Sunahara
Is it possible that the Generals in the US military are unaware of the bankster agendas? Wesley Clark gives us a list of countries to be taken down, but no reasons for it. I doubt that he is an innocent, but I also doubt that he understands who really controls events, and believes that the formal power structure is his chain of command. I think military people are like mafia hitmen. And their simple explanation of politics is: "Knowing when to pull the trigger." Somebody has to order them to pull the trigger. And too often they don't know why nor do they care. If we had a smarter military, maybe we wouldn't be in such deep shit.
Hatha
"compartmentalized"
Re: The BANKERS are dictating US wars! It'a about money and power.
Quote:
Originally Posted by
Hatha Sunahara
Wesley Clark gives us a list of countries to be taken down, but no reasons for it. I doubt that he is an innocent, but I also doubt that he understands who really controls events, and believes that the formal power structure is his chain of command.
Clark's father was a jew. "Clark" was not the name on his original birth certificate. It was later changed. Look it up.
http://theinfounderground.com/smf/Sm...ewset/gibs.gif oy vey
Re: The BANKERS are dictating US wars! It'a about money and power.
lark's father's family was Jewish; his paternal great-grandfather immigrated to the United States fromBelarus in response to the Pale of Settlement and anti-Semitic violence from Russianpogroms. Clark's grandfather, Jacob Kanne, graduated from the Chicago-Kent College of Law and served in the U.S. Naval Reserve as an ensign during World War I, although he was never assigned to a combat mission. Kanne, living in Chicago, became involved with ward politics in the 1920s as a prosecutor and served in local offices. He served as a delegate to the 1932 Democratic National Convention that nominated Franklin D. Roosevelt as the party's presidential candidate[11] (though his name does not appear on the published roll of convention delegates). His mother was Methodist, and was of English ancestry
Re: The BANKERS are dictating US wars! It'a about money and power.
Wesley Clark is also a member of the CFR, so I no longer doubt that he is aware of the bankster agendas. The banksters are using him as a messenger to tell us all what they plan to do in the political sphere. As Lindsey Williams says, they tell us before they do whatever they are going to do.
Hatha
Re: The BANKERS are dictating US wars! It'a about money and power.
Re: The BANKERS are dictating US wars! It'a about money and power.
This Michael Rivero video posted above "All Wars Are Bankers’ Wars" is the best expose on the international banksters I have ever viewed. It would make the perfect video companion piece to Creature from Jekyll Island. It is presented lucidly and logically in plain language that anyone can understand and retain. I've shared this with several coworkers. He fills in all the facts connecting all the wars starting with the American Revolution right through the War of 1812, Civil War, WWI, WWII, 911 and the war on terror up to Syria. Brilliant!
Re: The BANKERS are dictating US wars! It'a about money and power.
Quote:
Originally Posted by
Jewboo
Congrats!
You've finally found a Jew you can be proud of. He pointed out the inner workings of the power elite, so the simple goyim can better understand how far in advance the war machine had it's sights set on rolling against these countries.
