Saturday, July 20, 2019

 

Quotable: Control


I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man who controls Britain's money supply controls the British Empire, and I control the British money supply.

Source: Attributed to Baron Nathaniel Mayer Rothschild in The Independent (UK). Baron Rothschild was the father of Lionel Walter Rothschild, 2nd Baron Rothschild. Among other things, the elder Rothschild, in 1887, financed the notorious De Beers diamond conglomerate in Africa. The son was the Lord Rothschild to whom the infamous Balfour Declaration was addressed.

Note: Versions of this quotation are prolific on the internet. However, there are also many claims that the quote is apocryphal (see e.g. this one). I don't know the truth; however, I do know that my source is a 2004 article authored by Paul Vallely (a distinguished British journalist and editor) and published in a reputable British newspaper. Vallely could have been clearer about which Nathan Rothschild he was referring to. Nevertheless because Vallely says in the same paragraph from which the quote derives that "in 1885 he was given the hereditary title of Baron Rothschild" I conclude that he attributed the remark to Nathaniel Mayer.

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Tuesday, August 18, 2015

 

Quotable: Slaves to Debt


As confirmed in the DVD bonus features, The International (2009) is transparently inspired by the case of the Bank of Credit and Commerce International (BCCI). In its heyday, the BCCI was one of the world's largest banks.

BCCI was dissolved in 1991 amidst charges of fraud, arms trafficking, money laundering, and other crimes. The bank served as a CIA conduit and according to the film's screenwriter, Eric Warren Singer, the BCCI was also a Mossad tool (for more on this subject see The Road to 9/11: Wealth, Empire, and the Future of America by Peter Dale Scott (Univ. of California Pr., 2007)).

In 1992, über-Zionist Clark Clifford and his law partner Robert A. Altman were indicted by a grand jury in connection with the scandal at the behest of Zionist Manhattan District Attorney Robert M. Morgenthau. However, as with the fictional bank in The International, no one was ever held criminally responsible for BCCI's conduct. The charges against Clifford were dropped and Altman was acquitted.

Likewise, Bill Clinton pardoned Marc Rich. The 1992 Senate Committee on Foreign Relations BCCI report said of him:
Marc Rich remains the most important figure in the international commodities markets, and remains a fugitive from the United States following his indictment on securities fraud. BCCI lending to Rich in the 1980's amounted to tens of millions of dollars. Moreover, Rich's commodities firms were used by BCCI in connection with BCCI's involving in U.S. guarantee programs through the Department of Agriculture. The nature and extent of Rich's relationship with BCCI requires further investigation.
Three months after he was pardoned the New York Times reported: "Israeli officials disclosed in interviews that they rallied around the campaign out of gratitude for Mr. Rich's philanthropy in Israel and because of Mr. Rich's clandestine role as a 'sa-ayon,' a Hebrew word for an unpaid supporter of intelligence operations. Mr. Rich, they said, financed sensitive missions and allowed agents to use his offices around the world as cover, when Israel was isolated diplomatically." After Rich died in 2013, he was buried in Israel.

If BCCI was such a useful tool then why was it shut down? I can think of at least two possibilities: First, BCCI had become so exposed that it was a liability, a magnet for investigations; closing it was damage control. Second, at times even elites have disagreements, BCCI may have been shut down because its principals had simply made too many powerful enemies.


Below are two outtakes from the film.

Character of Italian arms manufacturer Umberto Calvini (Luca Barbareschi at 35:10): "the real value of a conflict, the true value, is in the debt that it creates. You control the debt, you control everything ... this is the very essence of the banking industry, to make us all, whether we be nations or individuals, slaves to debt."

###

Character of New York District Attorney "Arnie" (James Rebhorn at 59:30): "Do you have any idea of the shitstorm you've gotten me into?"

Character of Assistant District Attorney Eleanor "Ella" Whitman (Naomi Watts): "We're just trying to get to the truth."

Arnie: "I get it. But what you need to remember is that there's what people want to hear, there's what people want to believe, there's everything else and then there's the truth."

Ella: "Since when is that okay? I can't even believe you're saying this to me. The truth means responsibility, Arnie."

Arnie: "Exactly, which is why everyone dreads it."

See also: Puppets & Money

Post last revised: 12 September 2015 

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Tuesday, June 02, 2015

 

Quotable: Banking & War


One element, however, tends to go flagrantly missing in even the most vivid conspiracy theories about the banking system, let alone in official accounts: that is, the role of war and military power. There's a reason why the wizard has such strange capacity to create money out of nothing. Behind him, there's a man with a gun.

True, in one sense, he's been there from the start. I have already pointed out that modern money is based on government debt, and that governments borrow money in order to finance wars. This is just as true today as it was in the age of King Phillip II. The creation of central banks represented a permanent institutionalization of that marriage between the interests of warriors and financiers that had already begun to emerge in Renaissance Italy, and that eventually became the foundation of financial capitalism.

Source: David Graeber. Debt: The First 5,000 Years (New York: Melville House Publishing, 2011) p. 364.

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Monday, February 03, 2014

 

Puppets, Money, & Iran


Last December, in Puppets & Money I cited a Bloomberg report that said former Israeli central bankster Stanley Fischer (pictured at right) was the favorite to be Barack Obama's nominee for the No. 2 position in the US Federal Reserve System. And it came to pass that on January 10, 2014, Fischer was so nominated.

Also in December, Grant Smith published an exposé on Fischer identifying him as an ardent Israel-firster, the co-author, along with AIPAC, "of harmful U.S. economic policies on behalf of Israel". Below is an excerpt from Smith's "AIPAC's Fed Candidate Stanley Fischer on a Warpath Against Iran".
As Bank of Israel governor, Stanley Fischer played a central role in coordinating the implementation of AIPAC-generated sanctions against Iran – ostensibly over its nuclear program. Stuart Levey, the head of the U.S. Treasury Department's division for "Terrorism and Financial Intelligence," an office created after heavy AIPAC lobbying, met often with Fischer in Israel alongside the Prime Minister, Foreign Minister and chiefs of both the Mossad and Shin Bet to explore how to "supplement" UN sanctions and end-run Russian and Chinese opposition. The Levey-Fischer strategy was "to work outside the context of the Security Council to engage the private sector and let it know about the risks of doing business with Tehran" particularly against European banks that had only partially drawn back their business dealings with Iran. In 2010, Israel dispatched Fischer to meet with Chinese and Russian "counterparts" in order to financially isolate Iran.
See also: "Should dual citizen of US/Israel be vice chair of our Federal Reserve Bank?" on Mondoweiss

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Thursday, December 19, 2013

 

Puppets & Money


Last October, the Jewish Daily Forward reported: "[Janet] Yellen, whose nomination to head America's central bank was reported Tuesday, will follow her immediate predecessor Ben Bernanke who was Jewish, and Bernanke's immediate predecessor, Alan Greenspan, who was Jewish, too. There have been two other Jewish fed chairs in the past century. In fact, the other frontrunner for the position, Lawrence Summers, was Jewish too." This month Bloomberg reported: "Former Bank of Israel Governor Stanley Fischer is President Barack Obama's leading candidate to become vice chairman of the Federal Reserve ..."

In light of these developments, Tablet magazine wistfully asked: "Janet Yellen Is Poised To Be the Third Jewish Fed Chair in a Row. Where Are the Anti-Semites?"  Author Weiss observes: "despite this historic Jewish run, anti-Semitic conspiracies about Jewish control of the world banking system seem, if anything, less common than they once were—all the more surprising because the degree of influence American central bankers have in the global financial system today surpasses anything the Rothschild tycoons were able to maintain at the height of their influence."

While contemplating the curious Jewish dominance of the US Federal Reserve Bank, I was reminded of these words attributed to Baron Nathaniel Mayer Rothschild: "I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man who controls Britain's money supply controls the British Empire, and I control the British money supply".

See also:
Update: Puppets, Money, & Iran

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