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Banks & Banksters (I)
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★ Banks & Banksters (I)

What would have happened if millions of American and British people, struggling with coupons and lines at the gas stations, had learned that in 1942 Standard Oil of New Jersey [part of the Rockefeller empire] managers shipped the enemy’s fuel through neutral Switzerland and that the enemy was shipping Allied fuel?  Suppose the public had discovered that the Chase Bank in Nazi-occupied Paris after Pearl Harbor was doing millions of dollars’ worth of business with the enemy with the full knowledge of the head office in Manhattan [the Rockefeller family among others]?  Or that Ford trucks were being built for the German occupation troops in France with authorization from Dearborn, Michigan?  Or that Colonel Sosthenes Behn, the head of the international American telephone conglomerate ITT, flew from New York to Madrid to Berne during the war to help improve Hitler's communications systems and improve the robot bombs that devastated London?  Or that ITT built the FockeWulfs that dropped bombs on British and American troops?  Or that crucial ball-bearings were shipped to Nazi-associated customers in Latin America with the collusion of the vice-chairman of the US War Production Board in partnership with Goering’s cousin in Philadelphia when American forces were desperately short of them?  Or that such arrangements were known about in Washington and either sanctioned or deliberately ignored?  Charles Higham

 

 

J P Morgan was a banker who’d made a fortune consolidating broken industries.  The Men Who Built America V: A New Rival Emerges, History 2012

 

An invention caught Morgans eye – the light-bulb.  ibid.

 

Funding Edison was a huge risk for Morgan.  ibid.

 

 

Bank for International Settlements Basel Switzerland: JP Morgan Bank, Chase Bank, Union Bank and BIS were the four dominant banks who succeeded in obfuscating their collaboration with the Nazis.  Oliver Stones Untold History of the United States IX: Bush and Clinton – American Triumphalism – New World Order, Showtime 2012

 

 

Obama brought back the same economic team.  Oliver Stones Untold History of the United States X: Bush & Obama: Age of Terror

 

A $700 billion bail-out on remarkable easy terms.  ibid.

 

 

Prosperity led to the creation of the Bank of England.  A storehouse of the nations wealth.  David Dimbleby: Seven Ages of Britain: Age of Money, BBC 2010

 

 

When the boom started to slow down the government looked around for a new golden goose and it turned to the property industry.  That would prove a fateful dependency.  Property became Ireland’s gold rush ... The sky was the limit for banks dolling out money for investors.  Fergal Keane, Panorama: How to Blow A Fortune, BBC 2011

 

What made the property spree possible was easy credit ... The mortgage market descended into a feeding frenzy.  Subsidiaries of British banks like HBOS & RBS had entered the market sensing lucrative returns.  Property fever gripped Ireland.  ibid.

 

From a debt of millions to billions.  ibid.  

 

The major Irish banks were dangerously exposed.  And one in particular: Anglo-Irish Bank ... Anglo had made the fatal mistake of believing that property prices would keep rising.  ibid.  

 

By the end of 2008 Anglo and the other banks were facing collapse.  The Irish government made a fateful decision.  It would bail out the banks to the tune of billions.  ibid.

 

The cost of the guarantee threatened to bankrupt the Irish economy.  The government was forced to seek international rescue.  The IMF & EU stepped up loans worth eighty-five billion Euros.  ibid.

 

There is real public anger at the idea of Ireland being forced to seek an international bailout.  ibid.

 

 

Serious questions from the government and the City: why did our biggest bank help wealthy clients dodge tax?  When the government found out, why weren’t the bank or the chiefs prosecuted?  And why was the banker in charge appointed to the government?  We have leaked files that reveal how HSBC turned a blind eye to crime.  Panorama: The Bank of Tax Cheats, BBC 2015

 

 

Tonight  the scandal at the top of Britain’s banking establishment caught on tape.  Interest rates were rigged; there are calls for an inquiry into whether parliament was misled.  Last week two Barclays’ bankers walked free from court, but what about the bankers accused of conspiring with them who have been jailed?  We ask, should they have been prosecuted?  Panorama: The Big Bank Fix, BBC 2017

 

 

Banking’s dirty secrets: leaked documents reveal how our banks helped criminals.  They show the real cost of a banking system that is open to anyone.  The leak exposes the Russian cash in British public life.  The £10m Brexit backer with two names.  And the secret deals at the heart of UK football.  Panorama: Banking Secrets of the Rich & Powerful, Richard Bilton reporting, BBC 2020

 

An extraordinary leak of files from within the US Treasury … The City of London is at the heart of global money laundering.  ibid.

 

‘There business is to take the dirty money and make it look clean.  The City of London floats on a vast cushion of dirty money.’  ibid.  Edward Lucas, Centre for European Policy Analysis

 

The banks fail to stop even the most serious criminals … The system has failed to stop criminals from laundering their cash.  There’s never been a leak like it before.  ibid. 

 

Criminals can still hide billions of pounds behind anonymous companies.  All of us are harmed by that.  ibid.  

 

 

There was the billion dollars the US Treasury pumped into brother Neil’s bank, Silverado [bankrupt].  Greg Palast, Bush Family Fortunes, 2004

 

 

The cost of bailing out [bank] depositors was pushing fifty billion dollars and was expected to treble.  George H W Bush II, PBS 2008

 

 

Bin Laden and his network were actually funded by BCCI through US covert operations.  Invisible Empire: A New World Order Defined, 2010  

 

 

The real menace of our republic is this invisible government which like a giant octopus sprawls its slimy length over city, state and nation.  Like the octopus of real life, it operates under cover of a self-created screen ... At the head of this octopus are the Rockefeller Standard Oil interests and a small group of powerful banking houses generally referred to as international bankers.  The little coterie of powerful international bankers virtually run the United States government for their own selfish purposes.  They practically control both political parties.  John F Hylan, New York City Mayor, 1922

 

 

We are grateful to the Washington Post, The New York Times, Time magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost 40 years.

 

It would have been impossible for us to develop our plan for the world if we had been subjected to the lights of publicity during those years.

 

But, the world is more sophisticated and prepared to march towards a world government.

 

The supra-national sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practised in past centuries.  David Rockefeller, disputed remarks at Bilderberg meeting June 1991

 

 

The powers of financial capitalism have a 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 world as a whole.  This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences.  Carroll Quigley, Tragedy & Hope: A History of the World in Our Time, cover & p324      

 

Restoration of the gold standard was not something which could be done by a mere act of government.  It was admitted even by the most ardent advocates of the gold standard that certain financial relationships would require adjustment before the gold standard could be restored.  There were three chief relationships involved.  There were (I) the problem of inflation, or the relationship between money and goods; (II) the problem of public debts, or the relationship between governmental income and expenditure; and (III) the problem of price parities, or the relationship between price levels of different countries.  ibid.  ch7  

 

The structure of financial controls created by the tycoons of big banking and big business in the period 1880 to 1933 was of extraordinary complexity.  One business thief being built on another.  Both being allied with semi-independent associates.  The whole rearing upwards into two pinnacles of economic and financial power.  One centred in New York was headed by JP Morgan and company.  And the other in Ohio was headed by the Rockefeller Family.  When these two cooperated, as the generally did, they could influence the economic life of the country to a large degree and could almost control its political life, at least on the federal level.  In the United States it was inevitable that the international banking interests would attempt to establish the same kind of private monopoly over the money system that they had achieved in England, France, Germany, Italy and Switzerland.  The same formula would be used: make it look like a government operation but keep the control in private hands.  ibid.  

 

 

The tool they have used to achieve their objectives by stealth is known as Fractional Reserve Banking.  Ian R Crane, Showcase II, PSTV 2013

 

 

Why do you think that the Banks aren’t lending money despite a one trillion pound bailout?  Simple.  The only people and businesses that need money right now are those who are already struggling to make the repayments on their outstanding borrowing!  Would you lend another £1000 to someone that you knew had no possible means to repay the £1000 that you had already lent them?  Perhaps, but only if you never expected to see any of it ever again!  Consequently, the Banks know that if they are forced to create more ‘Toxic Debt’, the current level of ‘financial crisis’ will seem like ‘chump change’.  Ian R Crane, Stepping Through Financial Fear; viz website

 

 

Fractional Reserve Banking: even more mystical than alchemy … You actually need nothing.  It is literally money from nothing … To take total control of all material resources on the planet.  And it’s a very long game.  Ian R Crane, lecture Dublin, ‘The Final Meltdown’ 

 

 

Who creates new money?  How does new money get into the economy?  And what is debt really being used for?  RichPlanet TV: The Monetary System with Ian Crane

 

Fractional banking: the game-plan right from the outset is to asset strip ... You put the money in which is owed back to you ... with interest.  ibid.  

 

North Dakota today is the only state in the United States of America that has a Bank of North Dakota that is owned by the people of North Dakota.  ibid.

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