Showing posts with label Rothschild. Show all posts
Showing posts with label Rothschild. Show all posts

Thursday, August 13, 2009

Capitalism Rothschild Goldman Style - An Idea Whose Time is Done

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Once upon a time there was a new nation formed from a repressive past and a fierce desire to achieve individual freedom. A gathering of Americans convened in Philadelphia that summer of 1787 to draft a new constitution for the new nation resulting from the stunning defeat of Great Britain in the American Revolution. Some say it was the greatest gathering of minds in the history of the world.

What emerged was a Constitution and Bill of Rights unlike anything before or since and to this day it has reigned as the predominant constitution in the world. But it was not without pain and debate, much of which centered around the distribution of powers between a strong federal government and state's rights.

By June of 1788 the required nine states had approved the constitution and in January 1789 the new Congress met for the first time. George Washington was elected President of the United States and John Adams Vice President and America was a viable entity.





The battle between advocates of a strong national government (federal) and state's rights would continue until this day but major changes took place under the George Washington administration through the efforts of Alexander Hamilton, Washington confidant and first Secretary of the Treasury. This was a time when the Rothschild's international banking family made it's first inroads into the fledgling and lucrative America money machine.





Now most people who slept through American history and economics classes in high school and college think capitalism was a creation of the Revolution along with the American style of Democracy. Wrong. In fact it is one of four major wrongs attributed to our revolution and founding fathers by modern day politicians and a liberal media overwhelmed by Alzheimer's forgetfulness.

Wrong number one, we did not invent democracy, we approved a Republic. Number two wrong, capitalism is not an American creation but European strategy to control countries. Wrong number three, slavery was not an American original but again European strategy to exploit America. Wrong number four, in America the separation of church and state did not separate God from America but the godless from America.





As for our favorite trillionaire family, the Rothschilds, they were there way back then as much as today. Mayer Amschel Rothschild, the patriarch of the House of Rothschild, was from Frankfurt, Germany where his grandfather and father had built a business. In 1755 and 1756 when he was 12 years old his parents died and he was sent to complete an apprenticeship in Hanover working for Wolf Jakob Oppenheimer whose family first exposed him to the benefits of working with royalty.

The Oppenheimer's were court agent to the Austrian Emperor and agent to the Bishop of Cologne. Upon completion of his apprenticeship in 1764 Mayer Amschel returned to his family in Frankfurt and established the House of Rothschild. It was the beginning of the most powerful banking family in history.

The French Revolution and English Industrial Revolution in the late 18th century gave Rothschild the chance to expand his enterprise from Germany to France and England and the House of Rothschild became the first international banking network managing the finances of nations. Of course the golden goose for international bankers was America just emerging from the Revolution and trying to become a nation.

Capitalism, as we know it today, dates back to the middle ages but most historians consider the Netherlands the world's first capitalist nation with the wealthiest trading city, Amsterdam, and the first full time stock exchange which led to insurance and retirement funds, asset and inflation cycles and manipulation of commodity markets in the early 1600's.





The British East India Company and the Dutch East India Company launched a new expansion of capitalism in the early 1600's as state chartered trading companies. Chartered as joint-stock companies they were monopolies with powers ranging from lawmaking to military and treaty-making privileges. This was the first attempt by nations to compete with individual business to acquire and control resources from agriculture to gold, oil to clothing. Individual investors bought into these creations to reduce debt exposure and greatly enhance profit potential.

Money to support the multiple wars and trading companies along with the industrial development and geographic expansion came from the network of international banks led by the Rothschild banks throughout Europe.





In 1791 Alexander Hamilton, one of the leading patriots of the American Revolution and aide-de-camp to General George Washington was serving the first president as Secretary of the Treasury when he got the first Congress to approve a 20 year charter for the First National Bank of America to be run by agents of the House of Rothschild. Considerable suspicion of the dependence on private banks to finance the government surfaced on the part of George Washington, James Madison and Thomas Jefferson and the role of the international bankers made it a highly controversial action.





When opposition to renewing the charter in 1811 peaked the banking family threatened the nation with a crippling war if the charter was not renewed. The charter was not renewed and in 1812 England, the base for the Rothschild banking empire, declared war against America. By 1816 a financially devastated USA chartered the Second National Bank of America to the Rothschild agents.





When Andrew Jackson was president from 1829 to 1837 he was opposed to the National Bank and removed federal money from it. There was an assassination attempt on him in 1835 which the assailant claimed was financed by European bankers. From 1836 until 1913 there was no National Bank but the government was dependent on the New York banks, many of which were controlled by the Rothschild network.





During the Civil War Lincoln went to the New York banks for money for the war effort and was offered funds with interest up to 36%. Furious he refused and began the first printing of money by the federal government issuing $450 million in bonds. Both the United States and Russia under the Czars resisted efforts to establish national banks to finance governments. Ironically both Lincoln and Czar Alexander II were assassinated.

From the founding of our nation our leaders were deeply suspicious of the international bankers and their motives for establishing national banks. The lack of loyalty to the nations, unrestricted usury (interest) fees and lack of assets to back the paper bonds were among the many issues raised against the banks.





"If ever again our nation stumbles upon unfunded paper, it shall surely be like death to our body politic. This country will crash."
George Washington

"I sincerely believe ... that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity under the name of funding is but swindling futurity on a large scale."

"The Central Bank is an institution of the most deadly hostility existing against the principles and form of our Constitution."
Thomas Jefferson





"I have two great enemies: the Southern Army in front of me, and the financial institutions to my rear. Of the two, the one in my rear is my greatest foe."
Abraham Lincoln

"No State shall enter into any treaty, alliance, or confederation; grant letters of marquee and reprisal; coin money; emit letters of credit; make any thing but gold and silver coin a tender in payment of debts; pass any bill of attainder, ex post facto law, or law impairing the obligation of contracts, or grant any title of nobility." (Article I, Section 10)
The Constitution of The United States of America

A definition of capitalism might read an economic system characterized by private property ownership; where individuals and companies are allowed to compete for their own economic gain; and free market forces determine the prices of goods and services. Some claim that the protection of individual and property rights is an essential element of capitalism since individuals must be able to keep what they earn through a capitalistic system.

However, since capitalism has been the breeding ground for slavery, excessive usury, manipulation of prices and many other anti-individual matters it seems rather hypocritical to define it with such a noble purpose as individual rights.





In truth capitalism has no moral or ethical requirements, is more comfortable with atheism than Christianity, and has minimal loyalty to nations. First and foremost capitalism is expected to produce maximum profit for the private stockholders and bond holders.

The most recent performance of Wall Street in the sub-prime mortgage market, the oil price speculation, the unwillingness of banks to provide loans, the excessive charges and fees by our banking community and the bonuses, bailouts, stimulus spending and many other economic tricks exercised in Washington would suggest morality is the farthest thing from the minds of the money manipulators.





Our democracy requires a degree of morality and ethics not found in the capitalist system of the House of Rothschild or any other capitalist advocates. Yet our democracy, which is founded on individual rights, freedom and the grace of God requires a degree of morality and ethics not found in the socialist system either which is the opposite of capitalism and has bred the fascist and communist movements of the past century.

The Obama administration seems to think it can combine two wrongs to make a right by giving us extreme doses of both capitalism and socialism at their worst. Bank bailouts, bonuses and market manipulation seem okay to Obama along with a socialized work force, a public medical system and a redistribution of wealth. How silly.





What is needed is a new Constitutional Convention devoted to developing a new system of economics that will support the principles of our American Constitution without abusing the rights of man and woman and our relationship to God.

We have demonstrated greed in government cannot be regulated by those with greed and that Wall Street cannot be regulated by those with profit and the pursuit of materialism as a primary objective. Our Christian foundation may not be present in our religions but it is present in our relationship to God. The only way we can protect and defend the spiritual laws of God, the natural laws of nature and our inalienable rights as man is to eliminate the opportunity for greed from our system.

Do we have the strength to again defend our nation from the clutches of greed, the motives of capitalism and the exploitation of socialism? We shall see. Do we have the will to demand our principles of morality, our exercise of ethics and our relationship to God be protected first and foremost above materialism and greed? We shall see.





Do we have the fortitude to declare our Christian values of charity, compassion and empathy more important than the accumulation of wealth and property? Do we have faith in God and our ability as God's creations to protect individual rights and freedoms for all people from the forces of evil? Do we really believe in anything anymore?

We shall see...

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Friday, May 08, 2009

The Obama Goldman Rothschild Update - The Trillionaire Puppet Masters at Work


The deeper we dig into the world economic chaos the clearer the picture becomes that what has happened the past two years in the international economic meltdown could be a strategic move to solidify control of the US and world economies. For three years this paper has projected market manipulations underway that resulted in the near collapse of world economies. From the sub-prime mortgages to oil and commodity price manipulations, swaps and derivatives to a credit crash, a cascading series of unlikely events sent the world to the brink of economic disaster.


In the process regulatory agencies were proven to be toothless when it came to enforcement, Congress was inept in identifying problems or solutions, hundreds of millions of dollars were poured into political campaigns from Obama to our congressional leaders while behind the scenes the puppet masters were busy carrying out the script. This week the long awaited bank stress test results were released and surprise, surprise, JP Morgan and Goldman Sachs continue to separate themselves from the rest of the world.


The world economy may have been on the precipice of disaster but these two companies benefited in ways it will take years to assess and one has to wonder why? If you followed the series of articles in the Coltons Point Times you would have known. You can see the index of the Economic articles in the recent past at the Coltons Point Times http://coltonspointtimes.blogspot.com/ .
House of Rothschild Family Crest


Let's examine where we are today. First, the Rothschilds control JP Morgan as they have for most of the past century along with an astounding number of major banks, brokers and corporations around the world. Then it is no surprise that in terms of the Market Cap on investment banking institutions in America JP Morgan stands alone with over $130 billion. They along with Goldman also had the highest ratings in the bank stress test and do not need any additional capital.


Behind Morgan comes Wells Fargo $99.16 billion (Warren Buffett is a substantial investor), Bank of America $69.39 billion but dropping, and Goldman Sachs at $64.37 billion (Warren Buffett is also a savior of that bank). Bank of America was the worst of all banks but not bad all the same and Wells does need to raise some capital.


How about the stock prices the past year. JP Morgan lost 27.8% of value, Goldman Sachs lost 31.6% of value and Wells Fargo lost 22.5% of value. All outperformed the markets which are still down about 40-42%. In the banking sector Bank of America lost 73.6% of value and Citigroup lost 87.3% of value. Most important, since Obama got elected our golden boys JP Morgan and Goldman both more than doubled in value to lead the economic rebound.


During the past year virtually all the competition to the golden buys disappeared, Bear Stearns, Merrill Lynch and Lehman Brothers were wiped out, companies that were founded in 1923, 1914 and 1850. All other major competitors were left broken like Bank of America and Citigroup.


Goldman probably owes it's survival to the fact it has long served as a front or partner with JP Morgan, meaning the Rothschild empire, just as the JP Morgan company survived by being a front for the Rothschild family. While Morgan has a market cap of over $130 billion, the Rothschild fortune is estimated to be as high as $200 trillion, not billion. That is more than the annual budgets of every nation on earth, actually more than every nation's budget on earth combined. The largest budget by far is the USA at $3.44 trillion with $11.2 trillion in debt, pocket change to the Rothschild family.


If the Rothschilds are the puppet masters of the world Goldman is their star puppet being in the forefront of every major financial catastrophe in recent history and benefiting each time. They secretly backed Obama well before he was a candidate for President and have been getting dividends on their investment ever since.

Both Morgan and Goldman got billions in bank bail out money from the last Administration, approved by Congress and approved by Senator Obama. Neither needed or ever used it. Since becoming President Obama gave billions to bail out AIG and AIG turned around and paid off billions in debt owed to Morgan and Goldman. How do these things happen under the very nose of Congress and federal regulators?


Look at the record of where former Goldman executives have settled. Here is just a partial list and it makes you wonder if Goldman Sachs is controlling Wall Street and Washington?

Henry H. Fowler - 58th United States Treasury Secretary (1965-1969)
Robert Rubin - Former United States Treasury Secretary, ex-Chairman of Citigroup.
Henry Paulson - Former United States Treasury Secretary.
Edward Lampert- Hedge Fund Manager of ESL Investments. Brought K-Mart out of Bankruptcy in 2003
Joshua Bolten - former White House Chief of Staff
Erin Burnett - CNBC Host
Jon Corzine - Governor of the State of New Jersey.
Michael Cohrs - Head of Global Banking at Deutsche Bank
Emanuel Derman - Author of My Life as a Quant and co-developer of the Black-Derman-Toy
model
Jim Cramer - founder of TheStreet.com, best selling author, and host of Mad Money on CNBC
Ashwin Navin - President and co-founder of BitTorrent, Inc.
Abby Joseph Cohen - Perma-bull market forecaster formerly of Drexel Burnham Lambert
George Herbert Walker IV - member of the Bush family and current managing director at Neuberger Berman
Robert Zoellick - Uniteed States Trade Representative (2001-2005), Deputy Secretary of State (2005-2006), World Bank President.
Mark Carney - Current Governor of the Bank of Canada
Michael D. Fascitelli - President & Trustee of Vornado Realty Trust
Neel Kashkari - Assistant Secretary of the Treasury for Financial Stability
Charlie Haas - Wrestler, who is working for World Wreestling Entertainment
Malcolm Turnbull - Australian politician, currently the federal leader of the Liberal Party of Australia
John Thain - former Chairman and CEO, Merrill Lynch, and former chairman of the NYSE.
Thain was replaced at the NYSE by Goldman veteran Duncan Niederauer.
Robert Steel - Chairman and President, Wachovia Bank.
Reuben Jeffery III, Under Secretary of State for Economic, Business and Agricultural Affairs (2007-)
Romano Prodi, Prime Minister of Italy twice (1996-1998 and 2006-2008) and President of the European Commission (1999-2004)
Mario Draghi, governor of the Bank of Italy (2006- )
Massimo Tononi, Italian deputy treasury chief (2006-2008)

Goldman just hired former Barney Frank staffer Michael Paese to be top Washington lobbyist.
This position was formerly held by Mark Patterson, the current chief of staff at the Treasury.
Tim Geithner, Obama Secretary of Treasury was mentored by Gerald Corrigan, a former New York Fed president and current partner and managing director of the Office of the Chairman of Goldman Sachs. Geithner’s replacement as president of the New York Fed, William C. Dudley, is also a former Goldman executive

Ed Liddy, who the government appointed as CEO of AIG was Goldman’s vice chairman

Akshaya Prasad has left Goldman's and joined investment company Greater Pacific Capital as co-head of their Indian business.

Of course these high-level appointments are probably just coincidental. Just as it was probably coincidental that on September 15, 2008, then New York Fed president Tim Geithner pressed for AIG’s biggest counterparty, Goldman Sachs, to help the insurer raise capital after it became clear that AIG was at risk of going bankrupt. And that on the same day Goldman’s current CEO, Lloyd Blankfein, was at the New York Fed. And that Goldman ended up in receipt of about $12 billion in tax dollars thanks to AIG’s wholesale credit-default swap and after the government bail out.

Just today we learned that the chairman of the Federal Reserve Bank of New York, Stephen J. Friedman, abruptly resigned on Thursday, days after the Wall Street Journal raised questions about his ties to his former employer, Goldman Sachs.
Mr. Friedman, who led or co-led Goldman from 1990 until 1994 and remains a director, was chairman of the New York Fed at the same time. He also held a substantial stake in the firm as the Federal Reserve drew up plans to keep Wall Street’s banks afloat.


Because the New York Fed approved a request by Goldman to become a bank holding company, the chairman’s involvement in Goldman was a violation of Fed policy, The Wall Street Journal reported. The New York Fed had asked for a waiver, which, after about two and a half months, the Fed granted, the newspaper said. During that time, Mr. Friedman bought 37,300 more Goldman shares, which have since risen $1.7 million in value.

In fact the control of the Rothschilds and Goldman are so complex the following is a chart tracking some of the Goldman connections.



As the world economy improves which it must for the golden boys to benefit maybe you should look carefully at our politicians and Wall Street executives and look closely for the puppet strings from the real Master.




Wednesday, October 22, 2008

Obama versus McCain or Goldman Sachs versus The Rothschilds



A Clash of the Titans for Control of the Presidency

News the media won't report!

Did it ever occur to you that perhaps your vote really doesn't matter because whatever happens in America is being orchestrated by more powerful sources? Few people understand the power and financial influence of two of the most powerful international financial houses in world history and it may very well be they are heavily involved in cutthroat competition for control of our next president. Yet the media has not even begun to question the relationship between these international bankers and our candidates for president.

Well they should before it is too late. Some would argue it may already be too late as the Congress, the White House, the Federal Reserve, the Treasury Department and the two candidates have already joined forces to adopt the most comprehensive bail out of Wall Street and the banking community every seen in American history and followed it with similar action in every major nation throughout the world.

While Congress and the candidates talk about a $700 billion bailout that was necessary to save the economy, the Federal Reserve and Treasury were quietly adopting new programs and regulations to provide direct assistance to the financial markets bringing the total bailout to nearly $3 trillion. As if that is not enough, the Democratic leadership in Congress also intends to offer a future bribe to the taxpayer of another $300 billion stimulation program if Obama gets elected.

How in the world did the Democrats and Republicans, the liberals and conservatives and the media of this nation all agree to such a massive commitment to save the very institutions that cheated, committed fraud, bent regulations and out-smarted the best minds in government and finance? How did people with opposing philosophies who were bitter political rivals bury the hatchet in the midst of one of the most contentious presidential campaigns in history, just a few weeks before the dramatic climax?

Well perhaps the quiet involvement of Goldman Sachs and the Rothschilds may explain as these global powerhouses have been getting their way with governments since long before most modern governments even existed.

In 1750, 26 years before the American Declaration of Independence the Rothschild family began their journey to become the most powerful financial family in world history and though to this day the vast majority of their holdings are privately held, estimates of their family holdings are as much as $167 trillion dollars. Strategic actions over the 258 year continuous evolvement of the Rothschilds has led to control of much of the world supply of gold, oil, diamonds and many other assets.

As for Goldman Sachs, they were founded in 1869, shortly after the end of the US Civil War and at the dawning of the industrial revolution in America joining yet another family firm still around today, J.P. Morgan whose work to save the Union during the Civil War earned it many privileges during the explosion of growth in America including the opportunity to finance the Rockefeller Standard Oil empire with Rothschild money.


In time the three factions would appear to undertake the most intense competition between them for control of the global financial system ever seen but in the end, though all three groups remain the sole survivors today in terms of American influence, it became known that Morgan was serving as a front for the Rothschilds in order for the Rothschilds to maintain a low profile in America. But low profile or not they dominated what happened and how it happened.

As for the involvement in this election cycle, Goldman Sachs and the Rothschilds have again taken on each other with the Rothschilds jumping onto the McCain bandwagon late in the campaign while Goldman Sachs has been imbedded in the Obama campaign since the beginning. While the Rothschilds have seemingly played a much smaller role in McCain's efforts much remains to be disclosed of the Goldman role with Obama.

This much can be reported. Back when Obama was a freshman candidate for Senator he was selected to be keynote speaker for the Democratic national convention in 2004. A nobody from Chicago was plucked from midair and cast into the most important slot in the convention. How he would up there remains to be revealed.

Just a little over one year after being elected as a junior senator, in 2006 Obama was the featured guest before a private gathering of the Goldman Sachs executives in Chicago, an honor unheard of for someone that politically insignificant, speaking before the most powerful financial firm on Wall Street and one of the most powerful in the world. This was quietly reported in Bloomberg News.

It was the launch of his presidential campaign and Goldman executives soon gave over $800,000 to jump start the Obama presidential bid along with collecting millions of dollars from their fellow Wall Street firms and clients. Oh yes, Robert Rubin became the Obama economic expert, a former CEO of Goldman Sachs. Billionaire Warren Buffet became his most trusted economic advisor, a man who was to invest $5 billion in Goldman Sachs in the height of the economic meltdown. Yet Buffet was also a personal guest of Lord Rothschild at a private conference at his English estate.

The story only gets better. On May 3, 2007, Barack Obama attended an event at the Museum of Modern Art in Manhattan that was not on his public schedule and is only now surfacing. The exclusive private dinner was for Goldman Sachs traders and featured a discussion on issues by Obama moderated for the Wall Street firm by NBC's Tom Brokaw. Once again the circumstances are strange as a year later Brokaw would be moderating the second presidential debate between Obama and McCain and the economy and Wall Street were the main points of discussion. Of course the debate commission and McCain were unaware that Obama and Brokaw had already held a practice session the year earlier.

Then comes the financial meltdown which can be traced back to a couple of major events. The first major change to the regulatory framework that opened the door to Enron and the sub-prime crisis occurred in 1991, when Goldman Sachs, through a subsidiary called J. Aron, argued that even though it was an investment bank it should be granted the same exemption given to commercial traders in the commodity markets because it was in the business of buying commodities as a middleman. It was granted by the CFTC.

A second turning point came when Congress passed the Commodity Futures Modernization Act of 2000, that formally allowed investors to trade energy commodities on private electronic platforms outside the purview of regulators. Critics have called this piece of legislation the "Enron loophole," saying Enron played a role in crafting it. In the months after the act was passed, private electronic trading platforms sprang up across the country, challenging the dominance of NYMEX.

Investment banks like Goldman's had been frustrated with the established exchange because they really were never able to get control of it according to Michael Greenberger, a law professor at the University of Maryland and a former staff member at the CFTC. The new law allowed them to create a private trading platform. The most successful of the private platforms was InterContinental Exchange, or ICE, founded by Goldman Sachs, Morgan Stanley and a few other big brokerages in 2000. ICE soon opened a trading platform in London, allowing its founders to trade vast quantities of U.S. oil overseas without being subject to regulation. This opened the floodgates to oil price speculation.



Suddenly comes the current economic chaos and the president calls a meeting of Congressional leaders, Treasury, Federal Reserve staff and the presidential candidates. Obama, who was staying away from Washington during the crisis got the call and at the meeting he spoke about economic issues that reportedly had been prepared by the Republicans and was being reviewed by Treasury yet wound up in the Obama campaign. Of course the Secretary of the Treasury Henry Paulsen was a former Chairman and CEO of Goldman Sachs as is the new head of the $700 billion Treasury bailout program.

Do we really know anything about the long term relationship between Obama and Goldman Sachs other than their massive fund raising for him? Since he has been secretly guided and financed by Goldman people from the very beginning of his presidential campaign were they influential in his economic platform? Obama never questioned the role of Goldman in the sub-prime fiasco nor in manipulating the oil futures prices. When Goldman specialists tried to drive the price of oil up to $200 a barrel this year Obama never said a word.

Long before this time the Goldman Sachs Foundation had quietly channeled funds to Colin Powell's new group, America's Promise and Powell himself was collecting honorariums from $50,000 to $100,000 for speaking to various groups including Goldman sponsored events. At some point between the time he was Chairman of the Joint Chiefs of Staff, then left government, only to come back as Bush Secretary of State, Powell acquired between $1 million and $5 million of stock in giant defense contractor General Dynamics, a firm in which the Roshschilds have extensive ownership. Powell eventually would be converted from a McCain financial contributor and friend to endorser of Obama in less than a year.

As for the Rothschilds and McCain, it was not until this year that they held a fund raiser for him in London hosted by Lord Jacob Rothschild and his son, Nathaniel Rothschild in the posh London Spencer House on March 28, 2008. As I said at the beginning, the Rothschilds are the oldest, biggest and most powerful of all financial houses and have long chosen to remain in the background while other firms fronted their interests.

Although they compete with firms like Goldman they also cooperate often on international mergers and acquisitions, have been partners in the oil futures exchange, and recently both sought to expand their influence in Asia with the Rothschilds selling a 20% interest in one of their companies to the Bank of China. The Shanghai and Hong Kong-listed commercial bank will pay $341 million for the stake in the French arm of the La Compagnie Financière. It is the first strategic investment by a leading Chinese bank in the eurozone.

In spite of being foreign based the Rothschilds have been one of the chief beneficiaries of the economic crisis in America as J.P. Morgan and Barclays, firms with significant equity held by the Rothschilds, were able to gobble up Bear Stearns, Lehman Brothers and Washington Mutual in sweetheart deals for a fraction of their asset values in the midst of the crisis.

So what control do we really have over the election, over the president and over the Congress? We know control has been lost of the economy, of world trade and of international finance. Most government institutions seem to be operating at the whim and call of the financial giants. Can we expect more after this election? Is America for sale to the highest bidder and is Obama's $500 million campaign the highest bid? All this bodes ill for the liberal, left wing groups and unions rallying around Obama as they may very well be discarded when they have served the purpose of winning the elections.

Wednesday, March 19, 2008

J.P. Morgan Chase buyout of Bear Stearns – A Trillionaires Delight


Somewhere in the trillionaires room of Heaven three old codgers are sitting around a table smoking cigars and chuckling over the J. P Morgan Chase & Company buyout of Bear Stearns for a paltry $2.00 a share. Not so much because the price had been over $130 a share a few weeks earlier but because the Federal Reserve Board put up $30 billion of the government’s money to guarantee the sale.

Yes, Mayer Amschel Rothschild, J. P. Morgan and John D. Rockefeller, patriarchs of three of the most powerful family fortunes in history have waited nearly two centuries to see their dreams fulfilled. Perhaps such patience is why their families have remained successful by steadfastly maintaining the rules of the game as set down by their founders.



It was 248 years ago, in 1760 that Mayer Amschel Rothschild created the House of Rothschild that was to pave the way for international banking and control of the world’s resources on a scale unparalleled and somewhat mysterious to this date. He disbursed his five sons to set up banking operations throughout Europe and the various European empires.

"Give me control of a nation's money and I care not who makes the laws."
Mayer Amschel Rothschild

In time the House of Rothschild was able to take control of the Bank of France and Bank of England and relentlessly pursued an effort over two centuries to control a national bank in the USA. By 1850 it was said the Rothschild family was worth over $6 billion and owned one half of the world’s wealth.

From oil (Shell) to diamonds (DeBeers) to gold (from 1919 until 2004 a Rothschild was permanent Chairman of the London Gold Fixing committee which met twice a day in the Rothschild offices in London) the Rothschild’s quietly accumulated a foothold in critical industries and commodities throughout the world.

A master at building impenetrable walls around his family assets the current value of the Rothschild holdings are estimated to be between $100 and $300 trillion, yes that is trillion dollars! Now for a point of reference the current United States National Debt is $9.4 trillion.

J. P. Morgan began as the New York agent for his father’s business in London in 1860 and by 1877 was floating $260 million in US Bonds to save the government from an economic collapse. In 1890 he inherited the business and in 1895 bought $200 million in US Bonds with gold to again save the US economy.



“If you have to ask how much it costs, you can't afford it.”
J. P. Morgan

By 1912 he controlled $22 billion and had started companies such as US Steel and General Electric while he owned several railroads. Morgan was also an American agent for the House of Rothschild in London and used the Rothschild resources to help people like John D. Rockefeller.




Rockefeller, who started Standard Oil in 1863 with the help of Morgan, grew his company into the largest oil company in the world and by 1916 Rockefeller was the first billionaire in American history. In 1909 he had set up the Rockefeller Foundation with $225 million and donated nearly a billion more dollars to various causes. The Rockefeller family fortune is estimated to be around $11 trillion today.



“The way to make money is to buy when blood is running in the streets.”
John D. Rockefeller

So what did they have in common these extraordinary capitalists? They all were dedicated to owning a national bank in America so they could determine the fiscal policies of the nation and earn interest on the debt of the nation.

Rothschild agents in 1791 formed the First Bank of the United States but intense opposition to foreign ownership by President Jefferson and others helped kill it by 1811. A Second Bank of the United States was formed in 1816 once again by Rothschild agents and this time they secured a 20-year charter. However, President Andrew Jackson was also opposed to foreign ownership and withdrew the federal deposits in 1832 as part of his plan to kill the bank charter in 1836.

An attempt to assassinate Jackson in 1834 left him wounded but more determined than ever to stop the central bank. Thirty years later President Lincoln refused to pay international bankers extremely high interest rates during the Civil War and ordered the printing of government bonds. With the help of Russian Czar Alexander II who also blocked a similar national bank from being set up in Russia by the international bankers they were able to survive the economic squeeze.

Lincoln said, "The money powers prey upon the nation in times of peace and conspire against it in times of adversity. The banking powers are more despotic than a monarchy, more insolent than autocracy, more selfish than bureaucracy. They denounce as public enemies all who question their methods or throw light upon their 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. Corporations have been enthroned, and an era of corruption in high places will follow. The money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until the wealth is aggregated in the hands of a few, and the Republic is destroyed."

Both Lincoln and Alexander II were assassinated. In 1881 James Garfield became president and he was dedicated to restoring the right of the federal government to issue money like Lincoln did in the Civil War and he was also assassinated.

Finally along came 1913 and the US was again suffering from a weak economy and there was a threat of another costly war, a world war this time, and business tycoons J.P. Morgan, John D. Rockefeller and E.H. Harriman were part of a group that got Woodrow Wilson to sign into law the Federal Reserve Act creating a network of 12 privately owned banks as part of a new Federal Reserve network.



One of the largest stockholders in the new Federal Reserve was the House of Rothschild through their direct and indirect holdings. A few years later it was disclosed that the Rothschilds also owned about 20% of J. P. Morgan. In time Morgan would merge with the Chase Manhattan Bank of the Rockefellers.

Years later John F. Kennedy opposed a private national bank and was assassinated in 1963 and Ronald Reagan opposed a private national bank and in 1981 an attempt was made to assassinate him. Coincidence or not the opposition to a privately owned national bank was a common characteristic to all these successful assassinations and assassination attempts.

Which brings us full circle to the present bailout of Bear Stearns by J.P. Morgan Chase & Company and we find the Rothschild, Morgan and Rockefeller families are all conveniently part of the same group benefiting from the bailout and the $30 billion guarantee by the Federal Reserve. This is the third time the J. P. Morgan Company has come to the rescue of the American banking system and economy.