History: How the US Government Was Overthrown In Three Easy Steps
by TocqueDeville
Sun Jul 27, 2008 at 04:01:36 AM PDT
So what if I told you that the powers of financial capitalism (bankers etc.), had 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 economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations?
And what if I told you they had succeeded?
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Note from kpete: this is a large article taken from a huge book. I do not pretend to understand even a quarter of it - but, as usual, I post it thinking MANY of you can.Here is just a couple of snippets:
A final wordPlease use caution when reading this. There is a broader context to this that I am unable to address in this space. Quigley's Tragedy and Hope is over 1300 pages and these citations are scattered seamlessly throughout.
The point is not to assert that there is a secret group who is pulling the strings of the modern world. It is far more complex. It is possible that there still exist the inner circle of "initiates." But I have no evidence for it. In fact, the evidence strongly suggest that after 1910 or so, the whole organization took on a new character. And it certainly got uglier.
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The current financial crisis is another such example, producing serious questions about the influence of the superclass. Of the world's elites, none has strutted the world stage for the past decade like global investment bankers. Masters of money, they created something new: global markets and a constantly evolving array of securities that were both beyond the reach and the comprehension of regulators. Now, the value of some of the complex investment vehicles they created is proving to be illusory.
As a consequence, the world economy was set for the crisis that is currently unfolding. There was no effective global regulator to keep the system in check, and there was no real voice for the average Joe. The Federal Reserve stepped in to stabilize the burnout of one of these major market makers—even though they have no jurisdiction over investment banks, even though many of those supporting the bailout/buyout were the same who have long clamored for "self-regulation," even though many were the ones who had cited the moral hazard of helping to bail out homeowners and encouraging their bad borrowing behavior. And so you have a financial leadership structure that bails out investment bankers worldwide, but not homeowners.
more plus links at:
http://www.dailykos.com/storyonly/2008/7/27/65732/1557/694/557641