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    Who Owns The Central Bank That Owns The Money In Your Pocket, Purse, or Bank Account

    Dispatches From the Bankers to the World
    Who Owns The Central Bank That Owns The Money In Your Pocket, Purse, or Bank Account?

    March 25, 2013

    Opinion: by W. R. McAfee, Sr.
    March 25, 2013
    __________________________________________________ __________________
    “Which is precisely the reason Iraq, Libya, Syria (work in progress if the Russians don’t block it), and Iran (soon, if the Chinese don’t block it) are being demolished for the bankers with American troops. These nations had their own central banks, didn’t draw from the BIS, furnished their countries with their own currencies, and were beginning to trade oil for gold.”
    __________________________________________________ _______
    PART 1

    Globally, there are 150 central banks. They’re owned and controlled by descendants of 13 of the world’s richest banking families, many of whom who begot their fortunes began centuries ago financing wars for Kings and nations, and usury interest from capitol loaned. Original owners include the Rothschild’s, Warburg’s, Oppenheimer’s, and Schiff’s.
    These central banks are controlled from a square mile area located in the middle of London known as The City — the richest square mile on earth—from which the world’s finances are controlled through the banks; which are located in the world’s strategic countries; so named because of the natural resources they possess.


    The central banks in these nations are the only banks allowed to print money for those nations; which is sold to that nation for its face value with interest; which generates a perpetual revenue stream into the Bank of England that’s located inside The City —all for the cost of paper, ink, and press time.
    The City has its own courts, laws, flag, police, answers to no nation, and pays no taxes—to anyone. It is neither a part of the British Commonwealth nor beholding to the crown. In fact, it is the crown; a privately owned corporate city-state in the middle of London to which the British Royals themselves are beholding; they, the government, and London officials being fronts for The City.


    The City also owns (1) the Bank of International Settlements (BIS) in Basel, Switzerland, (from which their 150 central banks can draw funds), (2) the 10-square mile city-state (created in violation of America’s Constitution in 1982 to “legally” benefit the bankers) that’s known as Washington, D.C., and (3) the Vatican city-state and bank—all of which operate under the same flag, rules, and “constitution” as The City; their “constitution” being a tyrannical Roman law called Lex fori that has no resemblance to the U.S. Constitution.


    Today, it’s estimated The City controls two-thirds of the world’s money; which includes the money in your pocket or purse, and the world financially with its central banks.

    They also control the world militarily with the United States military.
    But it wasn’t always so.

    Presidents prior to 1913 routinely threw central bankers out of America

    America’s Constitution and its accompanying Bill of Rights were so well written and thought out that it kept a stiff-arm in The City’s face for more than a century.


    The nation’s founders had seen London’s financial thieves at work throughout Europe.
    Prior to that, the British bankers tried twice and failed to defeat America militarily using their own troops and mercenaries from European nations; the first during the American Revolution and the second during the war of 1812; their last defeat coming at the Battle of New Orleans when Andrew Jackson, outnumbered almost two-to-one, killed or wounded more than 2,000 of their soldiers in less than an hour, including their entire senior field officer staff during a British frontal assault on his defensive positions.


    Unable to defeat America militarily, the British bankers regrouped and attacked the nation financially with their central bank. American presidents prior to 1913 routinely threw them out .

    Andrew Jackson kicked them out after he was elected president. He was working in his office one evening when a British-born assassin posing as “janitor” pulled out two pistols and attempted to fire both at Jackson point blank. Both pistols misfired and Jackson almost beat the guy to death with his cane before security arrived.


    Lincoln directed congress to print its own green backs to finance the Civil War. In retaliation, the bankers had Lincoln assassinated after the Civil War. He’d refused their offer to finance the war; them, knowing he would have prevented them from gaining a financial foothold in America when it ended. He had said at the onset of the Civil War:

    “The money powers prey upon the nation in times of peace and conspire against it in times of adversity. It is more despotic than a monarchy, more insolent than autocracy, and more selfish than bureaucracy. It denounces as public enemies all who question its methods or throw light upon its crimes. I have two great enemies, the Southern Army in front of me and the bankers in the rear. Of the two, the one at my rear is my greatest foe.”
    – Abraham Lincoln


    The list goes on. . . Garfield, McFadden, John F. Kennedy who announced upon his election he was going to have Congress print United States notes backed by silver and issued by the Treasury Department like the Constitution specifies.
    Central Bankers buy the presidency for Woodrow Wilson in 1913 Our founders, having witnessed The City’s banking operations in London—it’s estimated they now control two-thirds of the world’s money—had deliberately written into our Constitution that congress was the only body authorized to coin [ print] and issue America’s money. They had observed The City’s thieves at work in England and Europe and remembered them when they penned the financial aspects of the Constitution—the greatest governing document ever written that’s as valid today as it ever was, regardless of the political blather fed the public media shills and sycophants in Washington.


    The financial trap was sprung on the American people 1913 when the Bank of England’s agents positioned themselves in Washington and bribed Woodrow Wilson to sell his soul to these money changers who offered to finance his campaign and guarantee him the office.
    In exchange, they wanted a law signed giving them the right to establish a privately owned “federal” reserve—the Fed— central bank in America to sell America its own money.


    Wilson agreed, won, and the bankers set up their privately owned federal reserve (central) bank with The Federal Reserve Act; so named to deliberately deceive the American public because the federal reserve has nothing to do with the federal government. The act was passed in the dead of night with a voice vote while most of Congress was away on Christmas vacation; the key remaining senators being primed with banker cash.
    Shortly afterward, the bankers set up the IRS in America to act as their muscle and collect our taxes to pay the interest on the money were selling us; a century-old Ponzi scheme and scam that has continued unchecked since 1913.


    Today, the Federal Reserve continues to reap billions in interest for the same small group of bankers who own it.
    Wilson knew he’d made a horrible mistake before he died, having written:

    I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.”
    Woodrow Wilson


    Current ‘Wars’ Are Really Central Bank Wars
    Nations that refuse to accept The City’s central banks—the only remaining being North Korea, Iran, and Cuba—are stumbling blocks for The City’s current effort to control the world by consolidating their stranglehold on its money. Which is precisely the reason Iraq, Libya, Syria (work in progress if the Russians don’t block it), and Iran (soon, if the Chinese don’t block it) are being demolished for the bankers with American troops. These nations had their own central banks, didn’t draw from the BIS, furnished their countries with their own currencies, and were beginning to trade oil for gold.
    The City panicked. They didn’t want these nations siphoning off chunks of their controlled gold market; having been in the process of quietly amassing the world’s real money while the masses traded paper.

    Remaining governments like the United States and its Constitution—brilliantly written and put in place to protect its people—have been taken over by The City’s bankers; the Constitution and America’s armed citizenry being their main global stumbling blocks to their world government and currency scheme.

    To achieve this goal, they’ve bribed their way around the Constitution by stuffing elected officials’ and bureaucrats’ pockets to pass prewritten—by The City’s hired legal staff in America—one-two, and three-thousand page legislative “laws” that politicians admittedly don’t read (what’s the point?) and, absent that, with paid presidential executive orders using their U.S. confederates like Goldman Sachs (Obama’s financial advisor) and Chase Bank to “manage” funds required for the legislation.
    * * *

    Who Owns The Central Bank That Owns The Money In Your Pocket, Purse, or Bank Account? | The PPJ Gazette
    Last edited by kathyet; 03-26-2013 at 11:17 AM.

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    Who owns and controls the Federal Reserve

    by Dr. Edward Flaherty

    Is the Federal Reserve System secretly owned and covertly controlled by powerful foreign banking interests? If so, how? These claims, made chiefly by authors Eustace Mullins (1983) and Gary Kah (1991) and repeated by many others, are quite serious because the Fed is the United States central bank and controls U.S. monetary policy. By changing the supply of money in circulation, the Fed influences interest rates, affecting the mortgage payments of millions of families, causing the financial markets to boom or collapse, and prompting the economy to expand or to stumble into recession. Such awesome power presumably would be used to benefit the U.S. economy. Mullins and Kah both argued that the Federal Reserve Bank of New York is owned by foreigners. Although the New York Fed is just one of twelve Federal Reserve banks, controlling it, they claimed, is tantamount to control of the entire System. Foreigners use their command of the New York Fed to manipulate U.S. monetary policy for their own and, as Kah asserted, to further their global political goals, namely the establishment of the sinister New World Order.

    This essay examines the accuracy of these claims. Specifically, it investigates the charge that the New York Federal Reserve Bank is owned, directly or indirectly, by foreign elements, whether the New York Fed in effect runs the whole Federal Reserve System, and whether its enormous annual profits accrue primarily to foreigners or to the U.S government. This essay shows that there is little evidence to support the idea of foreign ownership and much that contradicts it. In addition, it presents evidence to show that the New York Fed does not command the entire System, as well as recent data demonstrating that the System's profits are paid to the federal government.

    Who Owns the Federal Reserve Bank of New York?

    Each of the twelve Federal Reserve Banks is organized into a corporation whose shares are sold to the commercial banks and thrifts operating within the Bank's district. Shareholders elect six of the nine the board of directors for their regional Federal Reserve Bank as well as its president. Mullins reported that the top eight stockholders of the New York Fed were, in order from largest to smallest as of 1983, Citibank, Chase Manhatten, Morgan Guaranty Trust, Chemical Bank, Manufacturers Hanover Trust, Bankers Trust Company, National Bank of North America, and the Bank of New York (Mullins, p. 179). Together, these banks owned about 63 percent of the New York Fed's outstanding stock. Mullins then showed that many of these banks are owned by about a dozen European banking organizations, mostly British, and most notably the Rothschild banking dynasty. Through their American agents they are able to select the board of directors for the New York Fed and to direct U.S. monetary policy. Mullins explained,

    '... The most powerful men in the United States were themselves answerable to another power, a foreign power, and a power which had been steadfastly seeking to extend its control over the young republic since its very inception. The power was the financial power of England, centered in the London Branch of the House of Rothschild. The fact was that in 1910, the United States was for all practical purposes being ruled from England, and so it is today' (Mullins, p. 47-4.

    He further commented that the day the Federal Reserve Act was passed, "the Constitution ceased to be the governing covenant of the American people, and our liberties were handed over to a small group of international bankers" (Ibid, p. 29).

    Unfortunately, Mullins' source for the stockholders of the New York Fed could not be verified. He claimed his source was the Federal Reserve Bulletin, although it has never included shareholder information, nor has any other Federal Reserve periodical. It is difficult researching this particular claim because a Federal Reserve Bank is not a publicly traded corporation and is therefore not required by the Securities and Exchange Commission to publish a list of its major shareholders. The question of ownership can still be addressed, however, by examining the legal rules for acquisition of such stock. The Federal Reserve Act requires national banks and participating state banks to purchase shares of their regional Federal Reserve Bank upon joining the System, thereby becoming "member banks" (12 USCA 282). Since the eight banks Mullins named all operate within the New York Federal Reserve district, and are all nationally chartered banks, they are required to be shareholders of the New York Federal Reserve Bank. They are also probably the major shareholders as Mullins claimed.

    Are these eight banks on Mullins' list of stockholders owned by foreigners, what Mullins termed the London Connection? The SEC requires the name of any individual or organization that owns more than 5 percent of the outstanding shares of a publicly traded firm be made public. If foreigners own any shares of Mullins' eight banks, then their portions are not greater than 5 percent at this time. With no significant holdings of the major New York area banks, it does not seem likely that foreign conspirators could direct their actions.

    Perhaps foreigners own shares of the New York Federal Reserve Bank directly. The law stipulates a small portion of Federal Reserve stock may be available for sale to the public. No person or organization, however, may own more than $25,000 of such public stock and none of it carries voting rights (12 USCA 283). However, under the terms of the Federal Reserve Act, public stock was only to be sold in the event the sale of stock to member banks did not raise the minimum of $4 million of initial capital for each Federal Reserve Bank when they were organized in 1913 (12 USCA 281). Each Bank was able to raise the necessary amount through member stock sales, and no public stock was ever sold to the non-bank public. In other words, no Federal Reserve stock has ever been sold to foreigners; it has only been sold to banks which are members of the Federal Reserve System (Woodward, 1996).

    Regardless of the foreign ownership conjecture, Mullins argued that since the money-center banks of New York owned the largest portion of stock in the New York Fed, they could hand-pick its board of directors and president. This would give them, and hence the London Connection, control over Fed operations and U.S. monetary policy. This argument is faulty because each commercial bank receives one vote regardless of its size, unlike most corporate voting structures in which the number of votes is tied to the number of shares a person holds (Ibid). The New York Federal Reserve district contains over 1,000 member banks, so it is highly unlikely that even the largest and most powerful banks would be able to coerce so many smaller ones to vote in a particular manner. To control the vote of a majority of member banks would mean acquiring a controlling interest in about 500 member banks of the New York district. Such an expenditure would require an outlay in the hundreds of billions of dollars. Surely there is a cheaper path to global domination.

    An historical example may make clear that member banks do not control the Federal Reserve's policies. Galbraith (1990) recounted that in the spring of 1929 the New York Stock Exchange was booming. Prices there had been rising considerably, extending the bull market that had begun in 1924. The Federal Reserve Board decided to take steps to arrest the speculative bubble that appeared to have been forming: it raised the cost banks had to pay to borrow from the Federal Reserve and it increased speculators' margin requirements. Charles Mitchell, then the head of National City Bank (today known as Citibank), which was the largest shareholder of the New York Federal Reserve Bank according to Mullins, was so irritated by this decision that in a bank statement he wrote, "We feel that we have an obligation which is paramount to any Federal Reserve warning, or anything else, to avert any dangerous crisis in the money market" (Galbraith, p. 57). National City Bank promised to increase lending to offset any restrictive policies of the Federal Reserve. Wrote Galbraith, "The effect was more than satisfactory: the market took off again. In the three summer months, the increase in prices outran all of the quite impressive increase that had occurred during the entire previous year" (Ibid). If the Fed and its policies were really under the control of its major stockholders, then why did the Federal Reserve Board clearly buck the intent of its single largest shareholder?

    This information also eluded fellow conspiracy theorist Gary Kah, who disagreed with Mullins on who owns the New York Fed. His Swiss and Saudi Arabian contacts identified the top eight shareholders as the Rothschild Banks of London and Berlin; Lazard Brothers Banks of Paris; Israel Moses Seif Banks of Italy; Warburg Bank of Hamburg and Amsterdam; Lehman Brothers of New York; Kuhn, Loeb Bank of New York; Chase Manhatten; and Goldman, Sachs of New York (Kah, p. 13). It is impossible to verify Kah's information because it is not known who his "contacts" were. Nevertheless, Kah's list differs substantially from Mullins' compilation. Most interestingly, in Kah's list foreigners own the New York Fed directly without having to own majority interests in U.S. banks, as is the case with Mullins' list. The discrepancies in the two lists mean that at least one of them is wrong, and possibly both. Kah's list is the bogus one because no public stock has ever been issued, so it is not possible for anyone on Kah's list other than Chase Manhatten to own shares of the New York Fed.

    Moreover, Kah seemed ignorant of important details about the organization of Federal Reserve stock and management, especially for someone claiming to have done as much research on the subject as he did. He referred to the organizations on his stockholders list as "Class A shareholders," which is curious because Federal Reserve stock is not classified in this manner (Ibid). It can be either member stock, which can be purchased only by commercial banks and thrifts seeking to become members of the Federal Reserve System, or public stock. However, the directors of a Federal Reserve bank are separated into Class A, B, and C categories, depending on how they are appointed (12 USCA 302, 304, 305). Three class A directors are chosen by the member banks. Three class B directors are also elected by the member banks to represent the non-bank sectors of the economy. The final three directors, class C, are picked by the Board of Governors also to represent the non-bank public. This may be the source of Kah's confusion, but it is a relatively simple point that he should have detected had his research efforts been thorough.

    Does the New York Fed Call the Shots?

    Mullins and Kah further argued that by controlling the New York Fed the international banking elite could command the entire Federal Reserve System, and thus direct U.S. monetary policy for their own profit. "For all practical purposes," Kah stressed, "the Federal Reserve Bank of New York is the Federal Reserve" (Ibid). This is the linchpin of their conspiracy theory because it provides the mechanism by which the international bankers execute their plans.

    A brief look at how the Fed's powers over monetary policy are actually distributed shows that the key assumption in the Mullins-Kah conspiracy theory is erroneous. The Federal Reserve System is controlled not by the New York Fed, but by the Board of Governors (the Board) and the Federal Open Market Committee (FOMC). The Board is a seven member panel appointed by the President and approved by the Senate. It determines the interest rate, known as the discount rate, for loans to commercial banks and thrifts, selects the required reserve ratio which determines how much of customer deposits a bank must keep on hand (a factor that significantly affects a bank's ability create new loans), and also decides how much new currency Federal Reserve Banks may issue each year (12 USCA 24. The FOMC consists of the members of the Board, the president of the New York Fed, and four presidents from other Fed Banks. The FOMC formulates open market policy, which determines how much in government bonds the Fed Banks may trade, and is the most effective and commonly used of the Fed's monetary policy tools (12 USCA 263). The key point is that a Federal Reserve Bank cannot change its discount rate or required reserve ratio, issue additional currency, or purchase government bonds without the explicit approval of either the Board or the FOMC.

    The New York Federal Reserve Bank through its direct and permanent representation on the FOMC has more say on monetary policy than other Federal Reserve Banks, but it still only has one vote of twelve on the FOMC and no say at all in setting the discount rate or the required reserve ratio. If it wanted monetary policy to go in one direction, while the Board and the rest of the FOMC wanted policy to go another, then the New York Fed would be out-voted. The powers over U.S. monetary policy rest firmly with the publicly-appointed Board of Governors and the Federal Open Market Committee, not with the New York Federal Reserve Bank or a group of international conspirators.

    Mullins also made a great to-do about the Federal Advisory Council (the Council). This is a panel of twelve representatives appointed by the board of directors of each Fed Bank. The Council meets at least four times each year with the members of the Board to give them their advice and to discuss general economic conditions (12 USCA 261, 262). Many of the members have been bankers, a point not at all missed by Mullins. He speculated that it is able to force its will on the Board of Governors.

    The claim that the "advice" of the council members is not binding on the Governors or that it carries no weight is to claim that four times a year, twelve of the most influential bankers in the United States take time from their work to travel to Washington to meet with the Federal Reserve Board merely to drink coffee and exchange pleasantries (Mullins, p. 45).

    A point very much missed by Mullins is that the Council has no voting power in Board meetings, and thus has no direct input into monetary policy. In support of his hypothesis that Council members have been able to impose their will on the Board, Mullins offered no evidence, not even an anecdote. Moreover, his Council theory is inconsistent with his general thesis that the Federal Reserve System is manipulated by European banking interests through their control of the New York Fed. If this were true, then why would they also need the Council?

    Who Gets the Fed's Profits?

    Gary Kah and Thomas Schauf have also maintained that the huge profits of the Federal Reserve System are diverted to its foreign owners through the dividends paid to its stockholders. Kah reported "Each year billions of dollars are 'earned' by Class A stockholders of the Federal Reserve" (Kah, p. 20). Schauf further lamented by asking, "When are the profits of the Fed going to start flowing into the Treasury so that average Americans are no longer burdened with excessive, unnecessary taxes?"

    The Federal Reserve System certainly makes large profits. According to the Board's 1995 Annual Report, the System had net income totaling $23.9 billion, which, if it were a single firm, would qualify it as one of the most profitable companies in the world. How were these profits distributed? By an agreement between the Board of Governors and the Treasury, nearly all of the Fed's annual profits are paid to the federal government. Accordingly, a lion's share of $23.4 billion, which represents 97.9 percent of the Federal Reserve's net income, was transferred to the Treasury. The Federal Reserve Banks kept $283 million, and the remaining $231 million was paid to its stockholders as dividends.

    Given that less than one percent of the Fed's net earnings are distributed as dividends, it seems that an investor could easily find much more profitable ways to store their wealth than buying Federal Reserve stock. Regarding Schauf's lamentation, the Federal Reserve System has been paying its profits to the Treasury since 1947.

    Conclusion

    It does not appear that the New York Federal Reserve Bank is owned, either directly or indirectly, by foreigners. Neither Mullins nor Kah provided verifiable sources for their allegations, nor did their mysterious sources agree on exactly who owns the New York Federal Reserve Bank. Moreover, their central assumption that control of the New York Federal Reserve is the same as control of the whole System is wrong and demonstrates a lack of understanding of the System's basic organizational structure. The profits of the Federal Reserve System, again contrary to the assertion of Kah and Schauf, are funneled back to the federal government, not to an "international banking elite." If the U.S. central bank is in the grip of a banking conspiracy, then Mullins and Kah have certainly not uncovered it.


    Who owns and controls the Federal Reserve
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    Dispatches From the Bankers to the World

    March 26, 2013

    by W. R. McAfee, Sr. (c) copyright 2013
    __________________________________________________ _______
    By initiating the economic turmoil that’s unfolding, London’s financial Wizards of Oz open the gate and stake out two roads through the inevitable chaos when it occurs (1) to a new world paper currency which they will control and (2) to a “new world government” with themselves in charge of earth’s food, fiber, water, land, money, minerals, industry, information, people, jobs, hope, militaries, and government; having foreclosed on what resources they didn’t already own.”
    __________________________________________________ ________
    PART 2

    The bankers have begun to put up billboards for the world in places like the Middle East that say: “When we want you into our global financial boat, it’s better to get in than to try and rock it, or row your own.”


    What does all this have to do with Cyprus?



    It’s another billboard for the world saying: “We control your money and can come get it anytime we want.” The unspoken being if a European central bank (in this case the European Central Bank) and its confederates can say they’re going to steal 25 percent from a citizen’s bank and/or savings account if they have more than $100,000 in them , then central banks everywhere can steal whatever they want from citizen bank accounts, whenever they want, with no fear of prosecution.

    Cyprus is no mistake or miscalculation. It’s a message to the rest of the world.
    Cyprus Was Not Caused By Citizens
    Citizens did not cause the Cypriot or any of the world’s current banking crises. Ever. Corrupt government officials, central bankers, and Wall Street money shufflers did. This is why Iceland citizens told these same bankers and their London enablers to take their debt and all of its illegal interest and shove it. Then they set about restoring financial stability in their nation through citizen-controlled financial institutions. America’s Constitution specifies that congress is the only agency authorized to print and coin the nation’s money. Financial stability isn’t rocket science. It’s responsible people with the political will to take charge and do it.
    The talking heads you watch nightly on television explaining Washington and world economic happenings are controlled by the same money that controls congress, the world’s governments, and our currency.
    Cypriot President Nicos Anastasiades said the ‘tax’ on proposed citizen deposits was “. . .an alternative to a disorderly bankruptcy . . . that it’s painful but [this] will eventually stabilize the economy and lead it to recovery.”


    This was a lie, and the Cypriot politicians who wallowed in easy loan money from the ECB loan sharks know it.


    Did Cypriot bankers get threatening phone calls after announcing the confiscation? Does the sun come up? Some from Russians who bank off-the-record billions there for sure and probably an equal number from enraged citizens. Had the situation occurred in this country, banks and bankers would have been inundated with identical calls; from Latin American drug cartels and Bubbas sitting outside in their pickups.


    People of all stripes hate it when thieves steal their money.


    How The Central Bank Operates in a Country

    Central banks are the devil. They are like drug dealers except they administer regular doses of supposedly legally prescribed barbiturates [cash] to their addicts [politicians and government officials]. The ‘easy money’ or ‘credit’ they create is an opiate and like all addictions, there is a payback for the addicts . . .”



    John Kenneth Galbraith

    Central bankers like the Fed in New York, have deliberately fed billions to ever-present corrupt politicians knowing full well that nations will not be able to repay what their politicians are eternally willing to run up in government “budget” debts and who, like their lenders, have no concern for their citizens, the debt being piled on them, or the financial ruin of their nations.


    According to the IMF , for example, the total loan book of the Cypriot banks is €152 billion, 8 times the Cypriot GDP of approximately €17 billion.



    When the politicians in these nations hit their tipping point billion- spend—beyond which the debt cannot be repaid like they’ve done in Greece—the bankers jerk the financial noose; calling for “. . .repayment and ‘austerity’ to pay for their financial binge;” foreclosing on the country’s state run collateral assets like power, water, gold, oil, gas, minerals, and public land with front companies for pennies on the dollar; helping themselves to what taxes the country is still able to scrabble together from honest citizens and now, those citizens’ bank and savings accounts.


    Argentina would have been a great precursor for Cyprus to study in that their banks



    closed for the weekend and when they reopened on Monday, they found out their currency was worth one-fourth what it was when they went to bed Friday. Somehow, though, rich Argentinians managed to get their money out before the bank closed.



    The citizens?


    Never got their money back.


    The same thing happened in America during the Great Depression when Roosevelt announced his confiscation of gold; the forewarned rich already having moved their stashes offshore while citizens found government confiscation ‘agents’ sitting in safety deposit box vaults waiting on them. Those who escaped this robbery had their gold and money at home in a mattress safe guarded by a shotgun.


    How The Central Bankers Add To Their Fortunes

    Did you know Cyprus has just shy of a trillion cubic feet of gas setting just offshore? If City-controlled and -placed bankers and government “officials” took over Cyprus . . .
    See, confiscation of gas fields like this to satisfy their bank “loans” are one of the ways The City’s banking families continue to generate revenue streams that add to their fortunes. Other sources are major wars for which The City provides both sides with financing—the victor being indebted to the bankers with future revenue streams to pay off victory expenses, while huge portions of the loser’s spoils (often up to 75%) goes into The City’s coffers towards satisfying what the loser owed; its remaining debt to be paid back by its citizens (through taxes) as the country rebuilds..


    The FDIC, for example, couldn’t begin to cover confiscations on citizens’ $100,000 accounts nationwide in an American Cyprus situation.
    And the number of Argentina’s and Cyprus’s is going to increase worldwide, and that includes the U.S. in my opinion. The list of countries mired in the same indebtedness as Cyprus is long, and the globe’s current economic tar pit is ripe for these financial vampires who’ve deliberately shut their economies down; enabling them to come riding in on white financial horses and pick their pockets.


    Central Bankers Want World Economic Chaos
    By initiating the economic turmoil that’s unfolding, London’s financial Wizards of Oz open the gate and stake out two roads through the inevitable chaos when it occurs (1) to a new world paper currency which they will control and (2) to a “new world government” with themselves in charge of earth’s food, fiber, water, land, money, minerals, industry, information, people, jobs, hope, militaries, and government; having foreclosed on what resources they didn’t already own.
    If this doesn’t occur with Cyprus, they will stair-step up to the next country; then others until the pressure builds, the bank runs start, and global chaos emerges.


    A deliberate economic collapse.


    These bankers aren’t dumb. They initiated the current financial panic in Cyprus knowing full well the possible outcomes; not caring if Cyprus officials gave it a thumb up or down; could buy the island for chump change in their world.


    No, they wanted to scare the bejeebers out of average bank depositors with a message from Cyprus that everyone could understand in case they missed IMF Global’s billion dollar confiscation of all of its depositors’ money. That message was: “Organized financial criminals can steal your bank deposits with no repercussions.”
    Know where the IMF Global citizen deposits wound up?

    London.


    The politicians?

    Their insatiable greed has already piled wood around their stakes and tied them and the governments they were elected to represent to it—neither being of further use to the bankers. Let their citizens have their way . . .


    The world financial shakedown and takedown by master Shylocks is under way.
    * * *
    Anatomy of the Bank Run, is a short piece written by Murray Rothbard (1926–1995) in 1985, dean of the Austrian School of Economics, that laid bare the great financial Oz hidden behind the banking industry’s curtain. It’s a timeless, accurate piece that was current in the Great Depression, is current in 2013, and will be current in 2050 unless society and the citizens change it. It’s worth a quick review.
    __________________________________________________ __________________
    Part 1: Who Owns The Central Bank That Owns The Money In Your Pocket, Purse, or Bank Account? | The PPJ Gazette
    Copyright 201 by W.R. McAfee, Sr. All Rights Reserved.

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