Archive for July, 2008

Welcome to the Police State…..Ve Haf Vays of Making you Comply!

July 31, 2008

Kudos to the brave police of Ozark Missouri!

While responding to the call of a concerned citizen, the Ozark Police came across the supine body of 16-year old Mace Hutchinson.

The police discovered this young tough at the bottom of a thirty-foot highway bridge where he apparently “fell.”  Despite having a broken spine and a partially severed foot, the young trouble-maker REFUSED TO COMPLY with the Police.

Fearing for their personal safety, the quick-thinking officers were able to successfully deploy their tasers NINETEEN TIMES and successfully take control of the situation!

In these troubled times, when terrorists and Libertarians are allowed to roam freely across our great land, it is comforting to know the brave men of the Ozark Police Dept are there to “Protect & to Serve” to keep us safe.

Let’s all contact the Ozark Police Department and congratulate them on the great job they are doing!


History: How the US Govt. Was Overthrown In Three Easy Steps

July 29, 2008
Bank for International Settlements in Basle, Switzerland

Bank for International Settlements in Basle, Switzerland

Essay by: TocqueDeville

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?

Wow! The most powerful bankers creating a world system of financial control, dominating the political system of each country and the economy of the world as a whole, with secret meetings. Surely you would think Tocque has fallen under the spell of a wild conspiracy theory.

But you can put away the cat in the tinfoil hat. Those are not my words. And it’s not a theory. They are the words of one of the greatest, most eminent historians in modern times, the late Carroll Quigley – of Harvard, Princeton and the Georgetown Foreign School.

Here is bill Clinton referring to his former college professor Quigley at the 1992 Democratic convention:

“As a teenager, I heard John Kennedy’s summons to citizenship. And then, as a student at Georgetown I heard that call clarified by a professor named Carroll Quigley, who said to us that America was the greatest nation in history because our people had always believed in two things: that tomorrow can be better than today and that every one of us has a personal moral responsibility to make it so.”

Quigley could write credibly about the far reaching aims of these ruling elites because he himself was a member of the ruling class and, as such, he was given unprecedented access to their private files and records. When he published these words in his 1300 page tome, Tragedy & Hope: A History of the World in Our Time, not only was he adding to the historical record a previously untold story, he was making history himself in doing so.

The story I am about to share is critically important. One simply cannot understand  politics without understanding the significant role the ruling class plays in it –  behind the scenes, and beyond the grasp of democratic oversight. Quigley is an essential introduction to what I call the adult history of the world. And it is only with this historical understanding that we can understand the forces shaping our world, and possibly hope to affect them.

The time for the common man, or at the very least the educated political class like us, to be let in on the secret has long since passed. To take our country back, we must know who exactly we are taking it back from. And we must know what their real agenda is, and their methods for achieving it. It is simply unacceptable in this information age for so many to be oblivious to the real forces of political power, and to allow those forces to operate in secrecy.

These excerpts from Quigley are just the beginning. And while his revelations are about the financial powers of the early 20th Century, they are essential for understanding the power structures that exist today.

Perhaps most importantly, his revelations help us recognize that there is indeed a power class, working behind the scenes, acting upon our government, the mass media and education to bring about a world that is very much contrary to the interests and aims of the public.

The Historian Spills the Beans

Tragedy and Hope is not a book about the ruling class, and it is certainly not a “conspiracy” book. It is, as its title says, a history of the modern world. Quigley has merely reinserted the role of the ruling powers back into the narrative where they belong for any accurate account.

But in the process, Quigley drops a number of bombshells. And I don’t mean two week press cycle bombshells. I mean rewrite history bombshells. Here is an incredibly brief synopsis of some of them, followed by the relevant excerptions. (I have linked to the excerpt that corresponds to each item. Just click the number to quickly scroll down.)


Cecil Rhodes, the founder of De Beers and creator of the Rhodes’ Trust (of which the Rhodes’ Scholarship is a part) formed a secret society with some of the wealthiest and most powerful men in Britain and New York. The primary goal of this group was to federate the English speaking world and to expand the British empire. The structure of this society was an inner circle of “initiates” and outer circles of “helpers.” The outer circles were called Round Table groups.

This was during the Gilded Age and it is difficult to even comprehend the wealth of these people (I posted a pic of one of their houses just to convey). And to truly understand their aims, you have to appreciate the reach of their industry. These were the first globalists of the modern era and their vision was breathtaking in scope. They sought to create a transnational trading system that would allow them unfettered access to markets and resources worldwide with minimal red tape. In essence, they were the pioneers of globalization and national sovereignty and colonial unrest was their primary impediment.

It appears the specific goals of this group evolved over the years, and their dream of a world federation gave way to a softer, more subtle alignment. But one can only describe their general aim of recalibrating the political environment, consisting of most major nations, into a global free trading system as being highly successful.

We are witnessing now the fruition of a plan set in motion over a century ago, conceived in secret, and implemented over multiple generations. And while the modern world certainly differs from that imagined by these founders, they are truly the architects of what we may call the Anglo-American empire that thrives today. They laid the foundation, both for the transnational banking and industrial system we have now, and for the methods of exerting the power to create that system.


At this point, if this isn’t blowing your mind a bit, it’s because you already know all about Carroll Quigley and his revelations, you haven’t been reading carefully, or you think I’m off my rocker. Let me assure you, I am not a conspiracy theorist. I have zero interest in secret societies. Skull and Bones bores me. My only interest in the ruling class is their subversion, for their own aims, of American democracy, and the many crimes against humanity and nature they commit daily around the world.

What we have is pluralism meets feudalism with a hefty amount of mafia thrown in. The ruling class in the early 20th Century, as it is now, was not monolithic. And in spite of their working together to bring about one globalized order, they often compete and work against each other, just like any other political bloc. It is imperative to understand, this is not a conspiracy. It was in its conception. And the powerful certainly conspire and collude daily. But “globalization” is a movement, not too unlike the progressive movement. The difference is the globalists have literally trillions of dollars, euros, and pounds to throw around on their campaign.


The Council on Foreign Relations was a front organization for this group. This shouldn’t come as any surprise. The CFR is known well now as a trade lobby. And many also already have a pretty good idea of their role in empire maintenance. But to discover their secret origins was one of Quigley’s greatest finds. And if one has any doubt about the power of the CFR, one merely has to read this bit of homespun wisdom spoken on the Senate floor from Senator Earnest Hollings (D) of South Carolina (Congressional Record, June 30, 1993, S8315):

If you ever run for President, you get very wonderful, embossed invitations from the Council on Foreign Relations and the Trilateral Commission, and you get the coffee and fine china, and, man, you are really a high muckety-muck. And then what they do is get you to swear on the altar of free trade an undying loyalty and support – free trade, free trade. That is all they want. And they co-opt every one of these young Senators that want to run for President.

In England, the front is called the Royal Institute of International Affairs or Chatham House.


Here Quigley describes the methods the group uses to implement its far reaching aims. I’m going to revisit this part in my next post. But this should be of special interest to us all. In fact, I place this as the most important of all of Quigley’s revelations.

“The methods can be summed up under three  headings: (a) a triple-front penetration in politics, education, and  journalism; (b) the recruitment of men of ability (chiefly from  [certain universities) and the linking of these men to the [Group] by  matrimonial alliances and by gratitude for titles and positions of  power; and (c) the influencing of public policy by placing members of  the [Group] in positions of power shielded as much as possible from  public attention. (Carroll Quigley – The Anglo American Establishment

Thus the title of this diary – Three Easy Steps. This movement has penetrated every power structure civilized life – from politics of course, to journalism (See bombshell #4), and even down to our schools and universities, all with the goal of facilitating their control.


The group had significant control over the most powerful newspapers in the US and Britain, and infiltrated the Left-wing with such instruments as the New Republic:

The American branch of this “English Establishment” exerted much of its influence through five American newspapers (The New York Times, New York Herald Tribune, Christian Science Monitor, the Washington Post, and the lamented Boston Evening Transcript)

Here begins the excerpt section. It’s a hard read with many unfamiliar names – and some you will know. But I highly recommend reading it. There is far more treasure in here than I outlined.

#1 The Plot

This association was formally established on February 5, 1891, when Rhodes and Stead organized a secret society of which Rhodes had been dreaming for sixteen years. In this secret society Rhodes was to be leader; Stead, Brett (Lord Esher), and Lord Milner were to form an executive committee; Arthur (Lord) Balfour, (Sir) Harry Johnston, Lord Rothschild, Albert (Lord) Grey, and others were listed as potential members of a “Circle of Initiates”; while there was to be an outer circle known as the “Association of Helpers” (later organized by Milner as the Round Table organization)….Thus the central part of the secret society was established by March 1891. It continued to function as a formal group, although the outer circle was, apparently, not organized until 1909-1913.

Quigley describes the “outer”, Round Table group’s formation thusly:

The Round Table Groups have already been mentioned in this book several times, notably in connection with the formation of the British Commonwealth in chapter 4 and in the discussion of appeasement in chapter 12 (“the Cliveden Set”). At the risk of some repetition, the story will be summarized here, because the American branch of this organization (sometimes called the “Eastern Establishment’ ) has played a very significant role in the history of the United States in the last generation.

The Round Table Groups were semi-secret discussion and lobbying groups organized by Lionel Curtis, Philip H. Kerr (Lord Lothian), and (Sir) William S. Marris in 1908- 1911. This was done on behalf of Lord Milner, the dominant Trustee of the Rhodes Trust in the two decades 1905-1925. The original purpose of these groups was to seek to federate the English-speaking world along lines laid down by Cecil Rhodes (1853-1902) and William T. Stead (1849-1912), and the money for the organizational work came originally from the Rhodes Trust. By 1915 Round Table groups existed in seven countries, including England, South Africa, Canada, Australia, New Zealand, India, and a rather loosely organized group in the United States (George Louis Beer, Walter Lippmann, Frank Aydelotte, Whitney Shepardson, Thomas W. Lamont, Jerome D. Greene, Erwin D. Canham of the Christian Science Monitor, and others). The attitudes of the various groups were coordinated by frequent visits and discussions and by a well informed and totally anonymous quarterly magazine, The Round Table, whose first issue, largely written by Philip Kerr, appeared in November 1910.

Money for the widely ramified activities of this organization came originally from the associates and followers of Cecil Rhodes, chiefly from the Rhodes Trust itself, and from wealthy associates such as the Beit brothers, from Sir Abe Bailey, and (after 1915) from the Astor family. Since 1925 there have been substantial contributions from wealthy individuals and from foundations and firms associated with the international banking fraternity, especially the Carnegie United Kingdom Trust, and other organizations associated with J. P. Morgan, the Rockefeller and Whitney families, and the associates of Lazard Brothers and of Morgan, Grenfell, and Company.

The chief backbone of this organization grew up along the already existing financial cooperation running from the Morgan Bank in New York to a group of international financiers in London led by Lazard Brothers. Milner himself in 1901 had refused a fabulous offer, worth up to $100,000 a year, to become one of the three partners of the Morgan Bank in London, in succession to the younger J. P. Morgan who moved from London to join his father in New York (eventually the vacancy went to E. C. Grenfell, so that the London affiliate of Morgan became known as Morgan, Grenfell, and Company). Instead, Milner became director of a number of public banks, chiefly the London Joint Stock Bank, corporate precursor of the Midland Bank. He became one of the greatest political and financial powers in England, with his disciples strategically placed throughout England in significant places, such as the editorship of The Times, the editorship of The Observer, the managing directorship of Lazard Brothers, various administrative posts, and even Cabinet positions. Ramifications were established in politics, high finance, Oxford and London universities, periodicals, the civil service, and tax-exempt foundations.

#2 Expanding the Empire to the US – Council on Foreign Relations

At the end of the war of 1914, it became clear that the organization of this system had to be greatly extended. Once again the task was entrusted to Lionel Curtis who established, in England and each dominion, a front organization to the existing local Round Table Group. This front organization, called the Royal Institute of International Affairs, had as its nucleus in each area the existing submerged Round Table Group. In New York it was known as the Council on Foreign Relations, and was a front for J. P. Morgan and Company in association with the very small American Round Table Group. The American organizers were dominated by the large number of Morgan “experts,” including Lamont and Beer, who had gone to the Paris Peace Conference and there became close friends with the similar group of English “experts” which had been recruited by the Milner group. In fact, the original plans for the Royal Institute of International Affairs and the Council on Foreign Relations were drawn up at Paris. The Council of the RIIA (which, by Curtis’s energy came to be housed in Chatham House, across St. James’s Square from the Astors, and was soon known by the name of this headquarters) and the board of the Council on Foreign Relations have carried ever since the marks of their origin. Until 1960 the council at Chatham House was dominated by the dwindling group of Milner’s associates, while the paid staff members were largely the agents of Lionel Curtis. The Round Table for years (until 1961) was edited from the back door of Chatham House grounds in Ormond Yard, and its telephone came through the Chatham House switchboard.

The New York branch was dominated by the associates of the Morgan Bank. For example, in 1928 the Council on Foreign Relations had John W. Davis as president, Paul Cravath as vice-president, and a council of thirteen others, which included Owen D. Young, Russell C. Leffingwell, Norman Davis, Allen Dulles, George W. Wickersham, Frank L. Polk, Whitney Shepardson, Isaiah Bowman, Stephen P. Duggan, and Otto Kahn. Throughout its history the council has been associated with the American Round Tablers, such as Beer, Lippmann. Shepardson. and Jerome Greene.

The academic figures have been those linked to Morgan, such as James T. Shotwell, Charles Seymour, Joseph P. Chamberlain, Philip Jessup, Isaiah Bowman and, more recently, Philip Moseley, Grayson L. Kirk, and Henry M. Wriston. The Wall Street contacts with these were created originally from Morgan’s influence in handling large academic endowments. In the case of the largest of these endowments, that at Harvard, the influence was usually exercised indirectly through “State Street,” Boston, which, for much of the twentieth century, came through the Boston banker Thomas Nelson Perkins.

The American Group and the CIA

Closely allied with this Morgan influence were a small group of Wall Street law firms, whose chief figures were Elihu Root, John W. Davis, Paul D. Cravath, Russell Leffingwell, the Dulles brothers (Alan Dulles was head of CIA) and, more recently, Arthur H. Dean, Philip D. Reed, and John J. McCloy. Other nonlegal agents of Morgan included men like Owen D. Young and Norman H. Davis.

Roots of the Anglo-American alliance

On this basis, which was originally financial and goes back to George Peabody, there grew up in the twentieth century a power structure between London and New York which penetrated deeply into university life, the press, and the practice of foreign policy. In England the center was the Round Table Group, while in the United States it was J. P. Morgan and Company or its local branches in Boston, Philadelphia, and Cleveland. Some rather incidental examples of the operations of this structure are very revealing, just because they are incidental. For example, it set up in Princeton a reasonable copy of the Round Table Group’s chief Oxford headquarters, All Souls College. This copy, called the Institute for Advanced Study, and best known, perhaps, as the refuge of Einstein, Oppenheimer, John von Neumann, and George F. Kennan, was organized by Abraham Flexner of the Carnegie Foundation and Rockefeller’s General Education Board after he had experienced the delights of All Souls while serving as Rhodes Memorial Lecturer at Oxford. The plans were largely drawn by Tom Jones, one of the Round Table’s most active intriguers and foundation administrators.(cont. below)

#3. The Triple Front

THE MILNER GROUP could never have been built up by Milner’s  own efforts. He had no political power or even influence. All that he had  was ability and ideas. The same thing is true about many of the other members  of the Milner Group, at least at the time that they joined the Group. The  power that was utilized by Milner and his Group was really the power of  the Cecil family and its allied families such as the Lyttelton (Viscounts  Cobham), Wyndham (Barons Leconfield), Grosvenor (Dukes of Westminster),  Balfour, Wemyss, Palmer (Earls of Selborne and Viscounts Wolmer), Cavendish  (Dukes of Devonshire and Marquesses of Hartington), and Gathorne-Hardy  (Earls of Cranbrook). The Milner Group was originally a major fief within  the great nexus of power, influence, and privilege controlled by the Cecil  family. It is not possible to describe here the ramifications of the  Cecil influence. It has been all-pervasive in British life since  1886. This Cecil Bloc was built up by Robert Arthur Talbot Gascoyne-Cecil,  Viscount Cranborne and third Marquess of Salisbury (1830-1903). The  methods used by this man were merely copied by the Milner Group. These  methods can be summed up under three headings: (a) a triple-front penetration  in politics, education, and journalism; (b) the recruitment of men of ability  (chiefly from All Souls) and the linking of these men to the Cecil Bloc  by matrimonal alliances and by gratitude for titles and positions of power;  and (c) the influencing of public policy by placing members of the Cecil  Bloc in positions of power shielded as much as possible from public attention.

#4. Controlling the  Media

The American branch of this “English Establishment” exerted much of its influence through five American newspapers (The New York Times, New York Herald Tribune, Christian Science Monitor, the Washington Post, and the lamented Boston Evening Transcript). In fact, the editor of the Christian Science Monitor was the chief American correspondent (anonymously) of The Round Table, and Lord Lothian, the original editor of The Round Table and later secretary of the Rhodes Trust (1925-1939) and ambassador to Washington, was a frequent writer in the Monitor. It might be mentioned that the existence of this Wall Street, Anglo-American axis is quite obvious once it is pointed out. It is reflected in the fact that such Wall Street luminaries as John W. Davis, Lewis Douglas, Jock Whitney, and Douglas Dillon were appointed to be American ambassadors in London.

…This group wielded great influence because it controlled the Rhodes Trust, the Beit Trust, The Times of London, The Observer, the influential and highly anonymous quarterly review known as The Round Table (founded in 1910 with money supplied by Sir Abe Bailey and the Rhodes Trust, and with Lothian as editor), and it dominated the Royal Institute of International Affairs, called “Chatham House” (of which Sir Abe Bailey and the Astors were the chief financial supporters, while Lionel Curtis was the actual founder), the Carnegie United Kingdom Trust, and All Souls College, Oxford…

Infiltrating the Left-wing and the New Republic

More than fifty years ago the Morgan firm decided to infiltrate the Left-wing political movements in the United States. This was relatively easy to do, since these groups were starved for funds and eager for a voice to reach the people. Wall Street supplied both. The purpose was not to destroy … or take over but was really threefold: (1) to keep informed about the thinking of Left-wing or liberal groups; (2) to provide them with a mouthpiece so that they could “blow off steam,” and (3) to have a final veto on their publicity and possibly on their actions, if they ever went “radical.”

There was nothing really new about this decision, since other financiers had talked about it and even attempted it earlier. What made it decisively important this time was the combination of its adoption by the dominant Wall Street financier, at a time when tax policy was driving all financiers to seek tax-exempt refuges for their fortunes, and at a time when the ultimate in Left-wing radicalism was about to appear under the banner of the Third International.

The best example of this alliance of Wall Street and Left-wing publications was The New Republic, a magazine founded by Willard Straight, using Payne Whitney money, in 1914. Straight, who had been assistant to Sir Robert Hart (Director of the Chinese Imperial Customs Service and the head of the European imperialist penetration of China) and had remained in the Far East from 1901 to r9l:, became a Morgan partner and the firm’s chief expert on the Far East. He married Dorothy Payne Whitney whose names indicate the family alliance of two of America’s greatest fortunes. She was the daughter of William C. Whitney, New York utility millionaire and the sister and co-heiress of Oliver Payne, of the Standard Oil “trust.” One of her brothers married Gertrude Vanderbilt, while the other, Payne Whitney, married the daughter of Secretary of State John Hay, who enunciated the American policy of the “Open Door” in China. In the next generation, three first cousins, John Hay (“Jock”) Whitney, Cornelius Vanderbilt (“Sonny”) Whitney, and Michael Whitney (“Mike”) Straight, were allied in numerous public policy enterprises of a propagandist nature, and all three served in varied roles in the late New Deal and Truman administrations. In these they were closely allied with other “Wall Street liberals,” such as Nelson Rockefeller.

The New Republic was founded by Willard and Dorothy Straight, using her money, in 1914, and continued to be supported by her financial contributions until March 23, 1953. The original purpose for establishing the paper was to provide an outlet for the progressive Left and to guide it quietly in an Anglophile direction. This latter task was entrusted to a young man, only four years out of Harvard, but already a member of the mysterious Round Table group, which has played a major role in directing England’s foreign policy since its formal establishment in 1909. This new recruit, Walter Lippmann, has been, from 1914 to the present, the authentic spokesman in American journalism for the Establishments on both sides of the Atlantic in international affairs. His biweekly columns, which appear in hundreds of American papers, are copyrighted by the New York Herald Tribune which is now owned by J. H. Whitney. It was these connections, as a link between Wall Street and the Round Table Group, which gave Lippmann the opportunity in 1918, while still in his twenties, to be the official interpreter of the meaning of Woodrow Wilson’s Fourteen Points to the British government.

A final word

Please 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.

The point is to draw light on this hidden part of our history and the inner workings of the one percent of one percent. They love the shadows and secrecy. They control the flow of information to a horrifying extent. They have untold influence over our government in ways most people can’t imagine.

And they have a perilous vision for our world.  Who has jurisdiction over a transnational economy. Who can regulate it? What democratic institution can even stand up to it?

This is the central downfall of the globalization idea. As David Rothkopf observes in this Newsweek column, having a global economy is great for the pirates, but is devasting for democracy, sovereignty, and justice.

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.

I’ll leave you with this video clip I excerpted from the publisher of Harper’s and Texaco heir Lewis Lapham’s movie, The American Ruling CLass

“The ruling class is so able to manipulate our democracy that they really control democracy, I feel.” – Walter Cronkite

Mortgage Market Musing

July 28, 2008

Essay by: Catherine Austin Fitts

Sometimes, it helps to step back and see the big picture.

Let’s say that I serve as the depository for a large government and I also own the central bank. I get my partners appointed to run the government’s treasury and key funds on a regular basis so I can also control financial system policies and regulation that help me finance what I want to do and mess up my competitors. Even that is getting cumbersome so I am arranging to move most of the regulatory control over to my central bank because I can control all of it privately.

Frustrated with having to deal with democratic processes, I decide to move a significant amount of money out of the government between 1997 and 2001 for reinvestment abroad. I and my partners and our syndicates engineer a series of steps to bubble the economy so that when I move the money out the currency is high and because everyone was making money they did not notice that lots of capital was leaving. To ensure no one notices, I suppress the gold price which turns off the financial burglar alarm and shifts gold out of the government into my private control at below market prices.

Normally moving money out of a government in excess of the total taxes that year would be hard to do. However, I could use securities fraud. I could issue a lot more government securities and government agency (like mortgage agencies) securities than I recorded on the government books and sell them abroad. I would have to make sure not to publish audited financial statements as that would increase the liabilities of engaging in this kind of fraud. It would help a lot if I could pool mortgages and sell government agency securities to finance those mortgages in a process where the same mortgage could be sold many times into the same pool. Investors would not notice or care because the securities were government guaranteed.

I also engineer an internet and telecom stock bubble, and move trillions more out through that mechanism.

OK, so as I move the money out of the country at a high price because my currency is high, what do I invest? Well if places like Asia, Latin America and Russia experience economic crashes as a result of credit crunches that result as my cutting off credit, then their currencies will be low and they will welcome investment. Or if they don’t welcome investment, I can make sure that the IMF and World Bank can strong arm. So I can buy in really really cheap. Meantime, these currencies rise as I move manufacturing and jobs into the places where I now have big investment positions. So my investments go up.

Well, back in the U.S. the bubble bursts, and the institutions like Fannie and Freddie that financed the housing bubble experience significant losses. Their stocks drop by a lot. That hits the pension funds, 401ks, IRAs and other savings of the people who have lost money on their homes. It’s a double whammy. A lot of them also lose their jobs. Triple whammy.

The currency drops in value a lot. This means that the dollar I pulled out and put into other currency that has been going up, up, up, is now worth multiple dollars. As asset values drop, each remaining dollar can buy things cheaply.

Indeed, with Fannie and Freddie’s stock dropping like a stone, I could have one or more of my offshore investment vehicles fund a recapitalization plan and buy control of the senior positions directly or indirectly controlling 50% of the residential mortgages in the country with my profits – that is for a small portion of that which I shifted out of the government.

Think of it. The housing bubble has reached it’s logical conclusion. If you can get enough people to buy a home for no money down, you can buy their country for no money down.


WTC7: How much Evidence do you People Need?

July 23, 2008

Question:  Do you know what the 9/11 Commission Report’s Conclusion was regarding the collapse of World Trade Center Building 7?

Answer: No one knows.  Because IT IS NOT EVEN MENTIONED!

Incredibly, we are asked to believe that a FIRE caused this:

And here Ladies and Gentlemen…PROOF POSITIVE: WTC7 was brought down as a controlled demolition!

Also check this out:

And this is good:

And last, my personal favorite, the BBC Anchor that reported WTC7 collapsed 23 minutes BEFORE it actually fell (Darn timezone changes!  They are so hard to remember and synchronize!) is confronted about his report.  He first denies even “being in the studio” on 9/11 (as if you would forget) and then says “Oh yes….that’s right I *did* work on 9/11” when he is shown the clip of his own broadcast.

Of course he has no explanation for why the BBC reported the collpase before the building actually fell:

WTC7 Emergency Head was Building Collapse Specialist

July 23, 2008

Paul Joseph Watson
Prison Planet
Thursday, July 10, 2008

The former New York City chief emergency manager Jerome Hauer, whose office was on the 23d floor of WTC 7, was also a building collapse specialist, according to a recently uncovered New York Times article. Hauer has attracted suspicion from the 9/11 truth movement because of his zeal to push the official story in the hours after the attack when details were still sketchy.

Hauer was also Managing Director of Kroll Associates – the company that provided security for the WTC complex on 9/11 – and he also betrayed advance knowledge of the anthrax attacks a week before they happened.

In a July 27 1999 NY Times article unearthed by 9/11 Blogger entitled What Could Go Wrong? It’s His Job to Know, Hauer is given a glowing write-up by journalist Randy Kennedy.

“There is one story he tells in which this fascination is quite literal….But another illustration, a bit more metaphorical, is hard to miss when you walk into his office on the 23rd floor of 7 World Trade Center, otherwise known as ”the bunker,” the $13 million bulletproof, hurricane-proof, blackout-proof emergency crisis center opened by the city last month.”

The article describes Building 7 for what it was, a structurally reinforced immovable object built for the express purpose of standing strong in a crisis situation, not the weakling tinderbox that allegedly became the first steel building in history to collapse from fire damage alone, according to debunkers like the BBC, the History Channel, Popular Mechanics and others.

Indeed, as the NY Times quotes Larry Silverstein as stating in 1989, WTC 7 designers “Built in enough redundancy to allow entire portions of floors to be removed without affecting the building’s structural integrity,” a solid structure that was again improved upon that year with “More than 375 tons of steel – requiring 12 miles of welding.”

The article describes Hauer’s role, “As the city’s chief emergency manager, Mr. Hauer oversees the response to building collapses, of which there have been no shortage over the last three years.”

“For much of his professional life, it has been the task of Jerome M. Hauer, 47, to know a lot about how things work so that when they stop working — when they fall down, when they get blown down or blown up, when they freeze or burst or burn out — he knows what to do. Like all self-described emergency junkies, he sits around all day thinking up horrifying ways for things to be destroyed and people to die and then hoping that all his plans stay on the shelf.

Interesting therefore that Hauer would have his office in the middle of a 47-storey building that collapsed into its own footprint within 7 seconds in the late afternoon of 9/11 having been hit by minimal debris and suffering limited fire damage.

The article emphasizes the emergencies Hauer would list in his resume that he was an expert on, “Helicopter crash, subway fire, water main break, ice storm, heat wave, blackout, building collapse, building collapse, building collapse.”

In the immediate aftermath of the attacks, Hauer appeared on CBS News with Dan Rather and immediately set about crafting a surprisingly affirmative explanation for the events and spun a yarn that soon became the official story.

Hauer was suspiciously keen to stress that the buildings were not demolished by explosives but by the planes that hit them, despite this being a complete reversal of what chief WTC architects and designers had concluded during studies about the impact of planes into the twin towers beforehand.

Hauer also pointed the finger directly at Bin Laden as the script began to unfold.

“[M]y sense is that just the velocity of the plane and the fact that you have a plane filled with fuel hitting that building that burned, that the velocity of the plane certainly had an impact on the structure itself. And then the fact that it burned and you had that intense heat probably weakened the structure as well. And I think it was simply the planes hitting the buildings and causing the collapse,” Hauer told Rather.

Rather also asks Hauer if the attacks could have been carried out without state sponsorship. Hauer replies: “I’m not sure I agree that this is necessarily state-sponsored. It… certainly has the fingerprints of somebody like bin Laden.”

Hauer was surprisingly “accurate” with his foreknowledge of how the official story would later appear to confirm all of his initial presumptions despite the chaos surrounding the attacks in the hours after they took place.

On 9/11, Hauer was Managing Director of Kroll Associates, a security firm intertwined with the military-industrial complex that was also coincidentally in charge of security for the entire World Trade Center complex on that fateful day.

Furthermore, it was Hauer that reportedly advised the White House to begin taking Cipro, an antibiotic which is effective against anthrax, on the very day of 9/11 and one week before the first anthrax letter was received.

Two months after 9/11, Hauer was part of a Council on Foreign Relations panel that released a document entitled Independent Task Force on America’s Response to Terrorism, which in part called for alternative explanations behind 9/11 to be countered.

Hauer’s almost instant and precise summation of the cause of building collapses that were completely unprecedented in history, along with his “expertise” in the characteristics of controlled demolition, in addition to his foreknowledge of the anthrax attacks and his position with Kroll Associates, justifiably continue to attract interest amongst researchers in the 9/11 truth movement.

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