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The Raping of America-Mile Markers on the Road to Fascism
Indeed, on a daily basis, Americans are being forced to relinquish the most intimate details of who we are—our biological makeup, our genetic blueprints, and our biometrics (facial characteristics and structure, fingerprints, iris scans, etc.)—in order to clear the nearly insurmountable hurdle that increasingly defines life in the United States. - See more at: http://www.boilingfrogspost.com/2015/08/26/the-raping-of-america-mile-markers-on-the-road-to-fascism/#sthash.hwkipabw.dpuf
The Raping of America- Mile Markers on the Road to Fascism John W Whitehead | August 26, 2015 1 Comment Freedom is never voluntarily given by the oppressor; it must be demanded by the oppressed.—Martin Luther King Jr.There’s an ill will blowing across the country. The economy is tanking. The people are directionless, and politics provides no answer. And like former regimes, the militarized police have stepped up to provide a façade of law and order manifested by an overt violence against the citizenry.
Despite the revelations of the past several years, nothing has changed to push back against the American police state. Our freedoms—especially the Fourth Amendment—continue to be choked out by a prevailing view among government bureaucrats that they have the right to search, seize, strip, scan, spy on, probe, pat down, taser, and arrest any individual at any time and for the slightest provocation.
Despite the recent outrage and protests, nothing has changed to restore us to our rightful role as having dominion over our bodies, our lives and our property, especially when it comes to interactions with the government.
Forced cavity searches, forced colonoscopies, forced blood draws, forced breath-alcohol tests, forced DNA extractions, forced eye scans, forced inclusion in biometric databases—these are just a few ways in which Americans continue to be reminded that we have no control over what happens to our bodies during an encounter with government officials. Thus far, the courts have done little to preserve our Fourth Amendment rights, let alone what shreds of bodily integrity remain to us.
Indeed, on a daily basis, Americans are being forced to relinquish the most intimate details of who we are—our biological makeup, our genetic blueprints, and our biometrics (facial characteristics and structure, fingerprints, iris scans, etc.)—in order to clear the nearly insurmountable hurdle that increasingly defines life in the United States.
In other words, we are all guilty until proven innocent.
Worst of all, it seems as if nothing will change as long as the American people remain distracted by politics, divided by their own prejudices, and brainwashed into believing that the Constitution still reigns supreme as the law of the land, when in fact, we have almost completed the shift into fascism.
In other words, despite our occasional bursts of outrage over abusive police practices, sporadic calls for government reform, and periodic bouts of awareness that all is not what it seems; the police state continues to march steadily onward.
Such is life in America today that individuals are being threatened with arrest and carted off to jail for the least hint of noncompliance, homes are being raided by police under the slightest pretext, and roadside police stops have devolved into government-sanctioned exercises in humiliation and degradation with a complete disregard for privacy and human dignity.
Consider, for example, what happened to Charnesia Corley after allegedly being pulled over by Texas police for “rolling” through a stop sign. Claiming they smelled marijuana, police handcuffed Corley, placed her in the back of the police cruiser, and then searched her car for almost an hour. They found nothing in the car.
As the Houston Chronicle reported:
As shocking and disturbing as it seems, Corley’s roadside cavity search is becoming par for the course in an age in which police are taught to have no respect for the citizenry’s bodily integrity. In fact, it’s gotten so bad that you don’t even have to be suspected of possessing drugs to be subjected to a strip search.
Returning to his car where Corley was held, the deputy again said he smelled marijuana and called in a female deputy to conduct a cavity search. When the female deputy arrived, she told Corley to pull her pants down, but Corley protested because she was cuffed and had no underwear on. The deputy ordered Corley to bend over, pulled down her pants and began to search her. Then…Corley stood up and protested, so the deputy threw her to the ground and restrained her while another female was called in to assist. When backup arrived, each deputy held one of Corley’s legs apart to conduct the probe.
It must be remembered that the Fourth Amendment to the U.S. Constitution was intended to prevent government agents from searching an individual’s person or property without a warrant and probable cause (evidence that some kind of criminal activity was afoot). While the literal purpose of the amendment is to protect our property and our bodies from unwarranted government intrusion, the moral intention behind it is to protect our human dignity.
Unfortunately, the indignities being heaped upon us by the architects and agents of the American police state—whether or not we’ve done anything wrong—don’t end with roadside strip searches. They’re just a foretaste of what is to come.
As I make clear in my book Battlefield America: The War on the American People, the government doesn’t need to strip you naked by the side of the road in order to render you helpless. It has other methods, less subtle perhaps but equally humiliating, devastating and mind-altering, of stripping you of your independence, robbing you of your dignity, and undermining your rights.
With every court ruling that allows the government to operate above the rule of law, every piece of legislation that limits our freedoms, and every act of government wrongdoing that goes unpunished, we’re slowly being conditioned to a society in which we have little real control over our lives.
Indeed, not only are we developing a new citizenry incapable of thinking for themselves, we’re also instilling in them a complete and utter reliance on the government and its corporate partners to do everything for them—tell them what to eat, what to wear, how to think, what to believe, how long to sleep, who to vote for, whom to associate with, and on and on.
In this way, we have created a welfare state, a nanny state, a police state, a surveillance state, an electronic concentration camp—call it what you will, the meaning is the same: in our quest for less personal responsibility, a greater sense of security, and no burdensome obligations to each other or to future generations, we have created a society in which we have no true freedom.
Government surveillance, police abuse, SWAT team raids, economic instability, asset forfeiture schemes, pork barrel legislation, militarized police, drones, endless wars, private prisons, involuntary detentions, biometrics databases, free speech zones, etc.: these are mile markers on the road to a fascist state where citizens are treated like cattle, to be branded and eventually led to the slaughterhouse.
If there is any hope to be found it will be found in local, grassroots activism. In the words of Martin Luther King Jr., it’s time for “militant nonviolent resistance.”
First, however, Americans must break free of the apathy-inducing turpor of politics, entertainment spectacles and manufactured news. Only once we are free of the chains that bind us—or to be more exact, the chains that “blind” us—can we become actively aware of the injustices taking place around us and demand freedom of our oppressors.
Systemic Corruption Has Destroyed America
Submitted by George Washington on 06/03/2015 11:53 -0400
8.5% Alan Greenspan Bank of America Bank of America Bitcoin Commodity Futures Trading Commission Corruption Department of Justice FBI Federal Reserve Federal Reserve Bank General Electric Iraq Lehman Main Street Monsanto New Orleans Obama Administration Quantitative Easing Rating Agencies SPY TARP Tim Geithner Treasury Department Washington D.C. White House World Bank
inShare It's been less than a month since we posted on this topic. But sadly, there are already many new entries.
The Cop Is On the Take
Government corruption has become rampant:
Senior SEC employees spent up to 8 hours a day surfing porn sites instead of cracking down on financial crimes Nuclear Regulatory Commission workers watch porn instead of cracking down on unsafe conditions at nuclear plants An EPA employee who downloaded 7,000 porn files, then spent 2-6 hours each workday watching porn. He’s been doing it for years … but the EPA never fired him. Another EPA employee harassed 16 women co-workers … and then was promoted to a higher-paying job with more responsibility, where he harassed more women NSA spies pass around homemade sexual videos and pictures they’ve collected from spying on the American people NSA employees have also been caught using their mass surveillance powers to spy on love interests, such as girlfriends, obsessions or former wives … and to eavesdrop on American soldiers’ intimate conversations with their wives back home. And see this (“routinely shared salacious or tantalizing phone calls that had been intercepted” … “‘Hey, check this out … there’s good phone sex’”) An employee of the Transportation Security Administration admitted that TSA agents share – and laugh at – nude scans of passengers. Another TSA employee says that screeners make excuses so they can grope and fondle travelers that they’re attracted to (maybe that’s why the TSA failed to find mock explosives or banned weapons going through checkpoints in 95% of trials) Investigators from the Treasury’s Office of the Inspector General found that some of the regulator’s employees surfed erotic websites, hired prostitutes and accepted gifts from bank executives … instead of actually working to help the economy The Minerals Management Service – the regulator charged with overseeing BP and other oil companies to ensure that oil spills don’t occur – was riddled with “a culture of substance abuse and promiscuity”, which included “sex with industry contacts” Agents for the Drug Enforcement Agency had dozens of sex parties with prostitutes hired by the drug cartels they were supposed to stop (they also received money, gifts and weapons from drug cartel members) Drug Enforcement agents also RAN New Jersey’s sleaziest strip club – using illegal, undocumented girls – which included a prostitution ring Pentagon employees used government credit cards to pay for adult “escorts” (i.e. prostitutes) and to gamble Federal agents with the Drug Enforcement Administration and Secret Service investigating Bitcoin money laundering extorted and stole over $1 million in Bitcoin The IRS gave promotions to employees who were themselves tax cheats The Commodity Futures Trading Commission has conspired with big banks to manipulate commodities prices for decades The government-sponsored rating agencies committed massive fraud (and see this) The Treasury department allowed banks to “cook their books” Regulators knew of and allowed the use of debt-hiding accounting tricks by the big banks The SEC has been shredding Wall Street documents for decades to help the big banks cover up their fraud The Secretary of Treasury (Tim Geithner) was complicit in Lehman’s accounting fraud, (and see this) The former chief accountant for the SEC says that Bernanke and Paulson broke the law and should be prosecuted The government knew about mortgage fraud a long time ago. For example, the FBI warned of an “epidemic” of mortgage fraud in 2004. However, the FBI, DOJ and other government agencies then stood down and did nothing. See this and this. For example, the Federal Reserve turned its cheek and allowed massive fraud, and the SEC has repeatedly ignored accounting fraud (a whistleblower also “gift-wrapped and delivered” the Madoff scandal to the SEC, but they refused to take action). Indeed, Alan Greenspan took the position that fraud could never happen Paulson and Bernanke falsely stated that the big banks receiving Tarp money were healthy, when they were not. The Treasury Secretary also falsely told Congress that the bailouts would be used to dispose of toxic assets … but then used the money for something else entirely A high-level Federal Reserve official says quantitative easing is “the greatest backdoor Wall Street bailout of all time” Bailout funds were not used to help Main Street or the little guy. Instead, the government threw money at “several billionaires and tens of multi-millionaires”, as well as hedge funds, giant corporations like McDonald’s and Harley-Davidson, and numerous foreign banks, including Gaddafi’s Libyan bank, the Arab Banking Corp. of Bahrain, and the Banks of Bavaria, Korea and Mexico The non-partisan Government Accountability Office calls the Fed corrupt and riddled with conflicts of interest. Nobel prize-winning economist Joe Stiglitz says the World Bank would view any country which had a banking structure like the Fed as being corrupt and untrustworthy. The former vice president at the Federal Reserve Bank of Dallas said said he worried that the failure of the government to provide more information about its rescue spending could signal corruption. “Nontransparency in government programs is always associated with corruption in other countries, so I don’t see why it wouldn’t be here,” he said Arguably, both the Bush and Obama administrations broke the law by refusing to close insolvent banks Congress may have covered up illegal tax breaks for the big banks Congress recently told the courts that Congress can’t be investigated for insider trading Congress has exempted itself from the healthcare rules it insists everyone else follow State lawmakers are routinely wined and dined by corporate lobbyists who literally TELL THEM what laws to pass North Carolina passed a law LEGALIZING PROSTITUTES for state lawmakers. Police have been busted framing numerous innocent people Systemic corruption at the FBI lab led to the EXECUTION of innocent people Police raise money by handing out tickets … and they’re given quotas by their bosses. And see this Law enforcement also grabs massive amounts of people’s cash, cars and property … even when people aren’t CHARGED with – let alone convicted of – any crime Private prisons are huge profit-making centers for giant companies, and private prison corporations obtain quotas from the government, where the government guarantees a certain number of prisoners at any given time The government has gone to great lengths to cover up nuclear accidents, radiation dangers, and unsafe conditions at nuclear plants The government made sure that false claims were made about the amount of oil spilled by BP in the Gulf The government covered up the health risks to New Orleans residents associated with polluted water from hurricane Katrina, and FEMA covered up the cancer risk from the toxic trailers which it provided to refugees of the hurricane. The Centers for Disease Control – the lead agency tasked with addressing disease in America – covered up lead poisoning in children in the Washington, D.C. area (the Centers for Disease Control has also been outed as receiving industry funding) The government’s response to the outbreak of mad cow disease was simple: it STOPPED TESTING for mad cow, and PREVENTED cattle ranchers and meat processors from VOLUNTARILY testing their own cows (and see this and this) In response to new studies showing the substantial dangers of genetically modified foods, the government passed legislation more or less PUSHING IT onto our plates When one of the most respected radiologists in America – the former head of the radiology department at Yale University – attempted to blow the whistle on the fact that the FDA had approved a medical device manufactured by General Electric because it put out massive amounts of radiation, the FDA installed spyware to record his private emails and surfing activities (including installing cameras to snap pictures of his screen), and then used the information to smear him and other whistleblowers In an effort to protect Bank of America from the threatened Wikileaks expose of wrongdoing – the Department of Justice told Bank of America to a hire a specific hardball-playing law firm to assemble a team to take down WikiLeaks (and see this) The Bush White House worked hard to smear CIA officers, bloggers and anyone else who criticized the Iraq war The FBI smeared top scientists who pointed out the numerous holes in its anthrax case. Indeed, the head of the FBI’s investigation agrees that corruption was rampant Senior judges in Pennsylvania have pleaded guilty to falsely convicting and imprisoning hundreds of YOUTHS (they got kickbacks from the prisons). The Pennsylvania Supreme Court refused to hear a case regarding the corrupt judges. A month later – only after the judges confessed to criminal wrongdoing – did the Supreme Court change its mind and take any interest The government has intentionally whipped up hysteria about terrorism for cynical political purposes. For example, former Secretary of Homeland Security Tom Ridge admitted that he was pressured to raise terror alerts to help the president win reelection Warmongers in the U.S. government knowingly and intentionally lied us into a war of aggression in Iraq. The former head of the Joint Chiefs of Staff – the highest ranking military officer in the United States – said that the Iraq war was “based on a series of lies”. The same is true in Libya and other wars. Indeed, the U.S. has often launched or proposed launching wars based upon FALSE PREMISES When the American government got caught assassinating innocent civilians, it changed its definition of “enemy combatants” to include all young men – between the ages of say 15 and 35 – who happen to be in battle zones. When it got busted killing kids with drones, it changed the definition again to include kids as “enemy combatants” $8.5 TRILLION dollars in taxpayer money doled out by Congress to the Pentagon since 1996 has NEVER been accounted for. The military wastes and “loses” trillions of dollars. And Congress pushes expensive boondoggles that our generals say are unnecessary and unhelpful … because it’s pork for their district The government lied when it said it doesn’t conduct mass surveillance on Americans, and then lied again when it said that spying was aimed at protecting America against terrorists (Why do so many in Congress support NSA spying? Because NSA contractors give them money) The government also lied when it said America doesn’t torture (and see this), and then lied once again when it said torture was aimed at protecting America against terrorists The government protects criminal wrongdoing by prosecuting whistleblowers. The Obama administration has sentenced whistleblowers to dozens of times the jail time of all other presidents COMBINED). And the government has framed whistleblowers with false evidence The government treats journalists who report on government corruption as CRIMINALS OR TERRORISTS. And it goes to great lengths to smear them. For example, when USA Today reporters busted the Pentagon for illegally targeting Americans with propaganda, the Pentagon launched a SMEAR CAMPAIGN against the reporters The intelligence services BLACKMAIL people in both government and the private sector with evidence of homosexuality, nude pictures and other information that people want to stop from going public Terror attacks such as 9/11, the Boston Marathon bombing and the Texas shooting all happened because of PERVASIVE CORRUPTION in our intelligence agencies The biggest companies own the D.C. politicians. Indeed, the head of the economics department at George Mason University has pointed out that it is unfair to call politicians “prostitutes”. They are in fact pimps … selling out the American people for a price.
Government regulators have become so corrupted and “captured” by those they regulate that Americans know that the cop is on the take. Institutional corruption is killing people’s trust in our government and our institutions.
Neither the Democratic or Republican parties represent the interests of the American people. Elections have become nothing but scripted beauty contests, with both parties ignoring the desires of their own bases.
Indeed, America is no longer a democracy or republic … it’s officially an oligarchy. And the allowance of unlimited campaign spending allows the oligarchs to purchase politicians more directly than ever.
No wonder polls show that the American people say that the system is thoroughly corrupt.
Moreover, there are two systems of justice in America … one for the big banks and other fatcats … and one for everyone else. Indeed, Americans have less access to justice than Botswanans … and are more abused by police than Kazakhstanis.
Big Corporations Are Also Thoroughly Corrupt
But the private sector is no better … for example, the big banks have literally turned into criminal syndicates engaged in systemic fraud.
Wall Street and giant corporations are literally manipulating every single market.
And the big corporations are cutting corners to make an extra penny … wreaking havoc with their carelessness. For example:
Fracking companies dumped 3 billion gallons of highly-toxic waste into California’s drinking water supply. Fracking is polluting water all over the country. A study published in the journal Ground Water predicts that the highly-toxic fluids used in fracking can migrate to aquifers within a few short years. In addition, it is now official that fracking can cause earthquakes. Yet fracking companies are using military psychological operations techniques to discredit opponents (and see this) U.S. military contractors have pocketed huge sums of money earmarked for humanitarian and reconstruction aid. And see this (whistleblowers alerted the government about the looting of Iraq reconstruction funds, but nothing was done) General Electric and other nuclear companies KNEW their designs were faulty and unsafe … but hid that fact for decades Monsanto has claimed for decades that Roundup is safe, but the World Health Organization just said that it probably causes cancer. Monsanto forbids independent scientists from testing its GMO crops for safety, attacks the computers of people who oppose GMO foods and sue small farmers when Monsanto GMO crops drift onto their fields Big farmers are drenching their crops with Roundup right before harvest … to save a buck Big food companies work hand-in-glove with the government to dish up unhealthy food BP’s criminal negligence led to the giant Gulf oil spill There is systemic corruption among drug companies, scientific journals, university medical departments, and medical groups which set the criteria for diagnosis and treatment (Further examples here, here, here, here and here.)
We’ve Forgotten the Lessons of History
The real problem is that we need to learn a little history:
We’ve known for thousands of years that – when criminals are not punished – crime spreads We’ve known for hundreds of years that the failure to punish financial fraud destroys economies, as it destroys all trust in the financial system We’ve known for centuries that powerful people – unless held to account – will get together and steal from everyone else Beyond Partisan Politics
Liberals and conservatives tend to blame our country’s problems on different factors … but they are all connected.
The real problem is the malignant, symbiotic relationship between big corporations and big government.
THIS IS A GREAT ARTICLE THAT SHINES A LIGHT ON PROBABLY THE NUMBER 1 REASON OUR COUNTRY IS BROKE AND GOING DOWN THE TUBES, IT'S BASICALLY THIEVERY BY CENTRAL BANKS:
TO VIEW THE GRAPHS AND CHART, CLICK ON THE LINK, IT WOULDN'T LET ME BRING THEM OVER:
America: Bankrupt And On Borrowed Time
04/07/2015 17:00 -0400
Capital Expenditures Fail fixed Market Conditions Money Supply Reality
inShare Submitted by Thad Beversdorf via First Rebuttal blog,
Thomas Jefferson is credited with the following sage advice, “The central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution. I am an Enemy to all banks discounting bills or notes for anything but Coin. If the American People allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the People of all their Property until their Children will wake up homeless on the continent their Fathers conquered.” And so it seems sometimes the answer is right in front of us all along and we just fail to see it.
We hear a lot of talk these days about inflation. For decades the western world has been misled about a necessity for inflation to grow an economy. This is entirely false. Inflation has no relevance to economic growth; inflation is a depressive force on an economy and it can only come by way of increased money supply.
The apex of the discussion is that price increase does not equate to inflation. Inflation is but one of two paths for rising prices. More specifically, prices can rise by way of supply/demand fundamentals of an asset itself and by way of supply/demand fundamentals of the currency form being used to transact the underlying asset. The prior will raise prices in all currency forms while the latter, being inflation, will raise prices only in that relevant currency.
For inflation to occur demand for a given currency must decline relative to its supply. This can happen if consumers lose faith in a currency and thus demand less of it, or by governments increasing supply without proportional increases in demand. The latter is exactly what we’ve seen over the past 100 years but to such a grotesque degree over the past 8 years that it may have actually shattered the foundation of the economy of which it was driving. This is precisely the chain reaction that Thomas Jefferson had warned us would result from a private central banking system.
Once the economy is broken an epidemic of resource misallocation leads to an immense narrowing of income distribution, ultimately paralyzing the velocity of money; the result being an income-less society save for an elite slice. This leads to mass public and consumer debt creation in an effort to stave off the collapsing natural demand that ultimately ends in deflation when the debt efforts, after a short reprise, actually hasten the collapsing demand by hammering the final nail in the budgetary coffin. At such a point deflation is essentially infinite as people are willing to trade anything for a dollar to purchase food, or inflation is infinite as people will simply circumvent dollars and barter; an interesting paradox that in practice will be a moot point given the vast majority will have nothing to trade for food or dollars because ownership is no longer a reality.
It seems then, that Jefferson’s prediction is theoretically sound, but let’s see if we can find any empirical evidence to either support or refute his cautionary message. We know that dollar inflation has been approximately 2400% since 1913, 2000% of that devaluation coming subsequent to 1971 when Nixon moved to a pure fiat currency. The reason we moved to a fiat currency is to remove the restriction on money supply that is inherent to a convertible currency. We can see in the next chart that inflation is directly linked to money supply, which has seen around 1700% increase since 1971.
This ‘easy’ money accelerated significantly around the mid 1990′s and this has led to a misallocation of resources. To see this, let’s look at the relationship between corporate fixed capital expenditures and dividends. The idea being that fixed capital expenditures are economically productive meaning they lead to economic expansion, whereas dividends divert cash off corporate balance sheets and thus detract from capital expenditures, having a contractionary force on the economy.
The above chart clearly depicts a significant change in the economy’s allocation of corporate resources at the same time money printing accelerated. Fixed capital investment was a much larger share of GDP than dividends up until the mid 1990′s when that began to reverse. Again moving to a market environment that promotes a contracting rather than expansionary economic process. We should be able to see this effect actually taking place via declining capacity utilization. As a result of that we should then see declining labour participation rate and declining incomes from slack in the labour market. Looking at the data this is exactly what we find.
Notice that all three indicators begin to trend downward around 1998, shortly after (and one could suggest as a direct result of) the resource misallocation that began a few years earlier in the mid 1990′s. The next link in this chain should be an expansion of consumer loans in an attempt to offset the resulting demand deterioration from the weakening job market conditions.
We find abundant empirical evidence in the above charts showing an acceleration of consumer debt during the mid 1990′s and again around 2009. And this is perfectly in line with our theory and so we seem to be on the right track. Now the obvious result of massive increases in consumer debt is that ownership is being replaced by indebtedness. That is, to a great extent now we rent or borrower our assets as opposed to owning them.
In the above chart we see that home ownership is now back to the level it was before we ended Bretton Woods in 1971. And it’s not just housing, today about 75% of new car sales are being financed and with longer maturities than ever before. In short, ownership of the 2 major assets typical to the traditional American family has been on a sharp decline for the past 10 years with no signs of slowing.
The American dream is built on ownership because it represents substantive progress by way of building a family’s net worth. A net worth that has declined by 40% since 2007 for all but the very top of the economic food chain. But it’s not only the American dream that is in retreat. The reality is that over the past 8 years increases in public debt have outgrown increases in GDP. The nation is borrowing more than it’s producing and spending more than it’s collecting every quarter. A trend that is to continue and to worsen each and every new year according to the CBO’s own projections.
Where does this leave America and really the rest of the western world whose data will mirror the US?
Bankrupt and on borrowed time.
LONG, BUT VERY INTERESTING READ... http://www.zerohedge.com/news/2015-03-26/why-banksters-hate-peace Home » Blogs » George Washington's blog Who's Behind All of the Wars? Submitted by George Washington on 03/26/2015 15:09 -0400
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Image by Terry Robinson Bankers hate peace …
Lee Fang reports:
The President of Stanford University (David Starr Jordan) reported that banksters are the true power behind the throne, and that – for many centuries – they’ve made their fortunes by financing war.
The possibility of an Iran nuclear deal depressing weapons sales was raised by Myles Walton, an analyst from Germany’s Deutsche Bank, during a Lockheed earnings call this past January 27. Walton asked Marillyn Hewson, the chief executive of Lockheed Martin, if an Iran agreement could “impede what you see as progress in foreign military sales.” Financial industry analysts such as Walton use earnings calls as an opportunity to ask publicly-traded corporations like Lockheed about issues that might harm profitability.
Hewson replied that “that really isn’t coming up,” but stressed that “volatility all around the region” should continue to bring in new business. According to Hewson, “A lot of volatility, a lot of instability, a lot of things that are happening” in both the Middle East and the Asia-Pacific region means both are “growth areas” for Lockheed Martin.
The Deutsche Bank-Lockheed exchange “underscores a longstanding truism of the weapons trade: war — or the threat of war — is good for the arms business,” says William Hartung, director of the Arms & Security Project at the Center for International Policy. Hartung observed that Hewson described the normalization of relations with Iran not as a positive development for the future, but as an “impediment.” “And Hewson’s response,” Hartung adds, “which in essence is ‘don’t worry, there’s plenty of instability to go around,’ shows the perverse incentive structure that is at the heart of the international arms market.”
Former managing director of Goldman Sachs – and head of the international analytics group at Bear Stearns in London (Nomi Prins) – notes:
Indeed, JP Morgan also purchased control over America’s leading 25 newspapers in order to propagandize US public opinion in favor of US entry into World War 1.
Throughout the century that I examined, which began with the Panic of 1907 … what I found by accessing the archives of each president is that through many events and periods, particular bankers were in constant communication [with the White House] — not just about financial and economic policy, and by extension trade policy, but also about aspects of World War I, or World War II, or the Cold War, in terms of the expansion that America was undergoing as a superpower in the world, politically, buoyed by the financial expansion of the banking community.
In the beginning of World War I, Woodrow Wilson had adopted initially a policy of neutrality. But the Morgan Bank, which was the most powerful bank at the time, and which wound up funding over 75 percent of the financing for the allied forces during World War I … pushed Wilson out of neutrality sooner than he might have done, because of their desire to be involved on one side of the war.
Now, on the other side of that war, for example, was the National City Bank, which, though they worked with Morgan in financing the French and the British, they also didn’t have a problem working with financing some things on the German side, as did Chase …
When Eisenhower became president … the U.S. was undergoing this expansion by providing, under his doctrine, military aid and support to countries [under] the so-called threat of being taken over by communism … What bankers did was they opened up hubs, in areas such as Cuba, in areas such as Beirut and Lebanon, where the U.S. also wanted to gain a stronghold in their Cold War fight against the Soviet Union. And so the juxtaposition of finance and foreign policy were very much aligned.
So in the ‘70s, it became less aligned, because though America was pursuing foreign policy initiatives in terms of expansion, the bankers found oil, and they made an extreme effort to activate relationships in the Middle East, that then the U.S. government followed. For example, in Saudi Arabia and so forth, they get access to oil money, and then recycle it into Latin American debt and other forms of lending throughout the globe. So that situation led the U.S. government.
The U.S. Senate’s Special Committee on Investigation of the Munitions Industry found connections between the wartime profits of the banking and munitions industries to America’s involvement in World War I. Specifically, the Committee reported that between 1915 and January 1917, the United States lent Germany 27 million dollars, and in the same period, it lent to the United Kingdom and its allies 2.3 billion dollars, almost 100 times as much, and so the US entered the war so that the lenders would get repaid by their biggest debtors: The UK and its allies.
Subsequently, many big banks funded the Nazis.
BBC reported in 1998:
The New York Daily News noted the same year:
Barclays Bank has agreed to pay $3.6m to Jews whose assets were seized from French branches of the British-based bank during World War II.
Chase Manhattan Bank, which has acknowledged seizing about 100 accounts held by Jews in its Paris branch during World War II ….”Recently unclassified reports from the US Treasury about the activities of Chase in Paris in the 1940s indicate that the local branch worked “in close collaboration with the German authorities” in freezing Jewish assets.
The relationship between Chase and the Nazis apparently was so cozy that Carlos Niedermann, the Chase branch chief in Paris, wrote his supervisor in Manhattan that the bank enjoyed “very special esteem” with top German officials and “a rapid expansion of deposits,” according to Newsweek.
Niedermann’s letter was written in May 1942 five months after the Japanese bombed Pearl Harbor and the U.S. also went to war with Germany.
The BBC reported in 1999:
One of Britain’s main newspapers – the Guardian – reported in 2004:
A French government commission, investigating the seizure of Jewish bank accounts during the Second World War, says five American banks Chase Manhattan, J.P Morgan, Guaranty Trust Co. of New York, Bank of the City of New York and American Express had taken part.
It says their Paris branches handed over to the Nazi occupiers about one-hundred such accounts.
Indeed, banks often finance both sides of wars:
George Bush’s grandfather [and George H.W. Bush’s father], the late US senator Prescott Bush, was a director and shareholder of companies that profited from their involvement with the financial backers of Nazi Germany.
The Guardian has obtained confirmation from newly discovered files in the US National Archives that a firm of which Prescott Bush was a director was involved with the financial architects of Nazism.
His business dealings … continued until his company’s assets were seized in 1942 under the Trading with the Enemy Act
The documents reveal that the firm he worked for, Brown Brothers Harriman (BBH), acted as a US base for the German industrialist, Fritz Thyssen, who helped finance Hitler in the 1930s before falling out with him at the end of the decade. The Guardian has seen evidence that shows Bush was the director of the New York-based Union Banking Corporation (UBC) that represented Thyssen’s US interests and he continued to work for the bank after America entered the war.
Bush was a founding member of the bank [uBC] … The bank was set up by Harriman and Bush’s father-in-law to provide a US bank for the Thyssens, Germany’s most powerful industrial family.
By the late 1930s, Brown Brothers Harriman, which claimed to be the world’s largest private investment bank, and UBC had bought and shipped millions of dollars of gold, fuel, steel, coal and US treasury bonds to Germany, both feeding and financing Hitler’s build-up to war.
Between 1931 and 1933 UBC bought more than $8m worth of gold, of which $3m was shipped abroad. According to documents seen by the Guardian, after UBC was set up it transferred $2m to BBH accounts and between 1924 and 1940 the assets of UBC hovered around $3m, dropping to $1m only on a few occasions.
UBC was caught red-handed operating a American shell company for the Thyssen family eight months after America had entered the war and that this was the bank that had partly financed Hitler’s rise to power.
And they are one of the main sources of financing for nuclear weapons.
(The San Francisco Chronicle also documents that leading financiers Rockefeller, Carnegie and Harriman also funded Nazi eugenics programs … but that’s a story for another day.)
The Federal Reserve and other central banks also help to start wars by financing them. Thomas Jefferson and the father of free market capitalism, Adam Smith, both noted that the financing wars by banks led to more – and longer – wars.
And America apparently considers economic rivalry to be a basis for war, and is using the military to contain China’s growing economic influence.
Multi-billionaire investor Hugo Salinas Price says:
Senior CNBC editor John Carney noted:
What happened to [Libya’s] Mr. Gaddafi, many speculate the real reason he was ousted was that he was planning an all-African currency for conducting trade. The same thing happened to him that happened to Saddam because the US doesn’t want any solid competing currency out there vs the dollar. You know Gaddafi was talking about a gold dinar.
Is this the first time a revolutionary group has created a central bank while it is still in the midst of fighting the entrenched political power? It certainly seems to indicate how extraordinarily powerful central bankers have become in our era.
Robert Wenzel of Economic Policy Journal thinks the central banking initiative reveals that foreign powers may have a strong influence over the rebels.
This suggests we have a bit more than a ragtag bunch of rebels running around and that there are some pretty sophisticated influences. “I have never before heard of a central bank being created in just a matter of weeks out of a popular uprising,” Wenzel writes.
Indeed, many claim that recent wars have really been about bringing all countries into the fold of Western central banking, and that the wars against Middle Eastern countries are really about forcing them into the dollar and private central banking.
The most decorated American military man in history said that war is a racket, and noted:
The big banks have also been laundering money for terrorists. The big bank employee who blew the whistle on the banks’ money laundering for terrorists and drug cartels says that the giant bank is still aiding terrorists, saying:
Let us not forget the bankers who financed the great war. If anyone had the cream of the profits it was the bankers.
He also said:
The public needs to know that money is still being funneled through HSBC to directly buy guns and bullets to kill our soldiers …. Banks financing … terrorists affects every single American.
And see this.
It is disgusting that our banks are STILL financing terror on 9/11 2013.
According to the BBC and other sources, Prescott Bush, JP Morgan and other leading financiers also funded a coup against President Franklin Roosevelt in an attempt – basically – to implement fascism in the U.S. See this, this, this and this.
Kevin Zeese writes:
Americans are recognizing the link between the military-industrial complex and the Wall Street oligarchs—a connection that goes back to the beginning of the modern U.S. empire. Banks have always profited from war because the debt created by banks results in ongoing war profit for big finance; and because wars have been used to open countries to U.S. corporate and banking interests. Secretary of State, William Jennings Bryan wrote: “the large banking interests were deeply interested in the world war because of the wide opportunities for large profits.”
Many historians now recognize that a hidden history for U.S. entry into World War I was to protect U.S. investors. U.S. commercial interests had invested heavily in European allies before the war: “By 1915, American neutrality was being criticized as bankers and merchants began to loan money and offer credits to the warring parties, although the Central Powers received far less. Between 1915 and April 1917, the Allies received 85 times the amount loaned to Germany.” The total dollars loaned to all Allied borrowers during this period was $2,581,300,000. The bankers saw that if Germany won, their loans to European allies would not be repaid. The leading U.S. banker of the era, J.P. Morgan and his associates did everything they could to push the United States into the war on the side of England and France. Morgan said: “We agreed that we should do all that was lawfully in our power to help the Allies win the war as soon as possible.” President Woodrow Wilson, who campaigned saying he would keep the United States out of war, seems to have entered the war to protect U.S. banks’ investments in Europe.
The most decorated Marine in history, Smedley Butler, described fighting for U.S. banks in many of the wars he fought in. He said: “I spent 33 years and four months in active military service and during that period I spent most of my time as a high-class muscle man for Big Business, for Wall Street and the bankers. In short, I was a racketeer, a gangster for capitalism. I helped make Mexico and especially Tampico safe for American oil interests in 1914. I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenues in. I helped in the raping of half a dozen Central American republics for the benefit of Wall Street. I helped purify Nicaragua for the International Banking House of Brown Brothers in 1902-1912. I brought light to the Dominican Republic for the American sugar interests in 1916. I helped make Honduras right for the American fruit companies in 1903. In China in 1927 I helped see to it that Standard Oil went on its way unmolested. Looking back on it, I might have given Al Capone a few hints. The best he could do was to operate his racket in three districts. I operated on three continents.”
In Confessions of an Economic Hit Man, John Perkins describes how World Bank and IMF loans are used to generate profits for U.S. business and saddle countries with huge debts that allow the United States to control them. It is not surprising that former civilian military leaders like Robert McNamara and Paul Wolfowitz went on to head the World Bank. These nations’ debt to international banks ensures they are controlled by the United States, which pressures them into joining the “coalition of the willing” that helped invade Iraq or allowing U.S. military bases on their land. If countries refuse to “honor” their debts, the CIA or Department of Defense enforces U.S. political will through coups or military action.
More and more people are indeed seeing the connection between corporate banksterism and militarism ….
Indeed, all wars are bankers’ wars.
War Makes Banks RichWars are the fastest way for banks to create more debt … and therefore to make more profit. No wonder they love war.
After all, the banking system is founded upon the counter-intuitive but indisputable fact that banks create loans first, and then create deposits later.
In other words, virtually all money is actually created as debt. For example, in a hearing held on September 30, 1941 in the House Committee on Banking and Currency, the Chairman of the Federal Reserve (Mariner S. Eccles) said:
And Robert H. Hemphill, Credit Manager of the Federal Reserve Bank of Atlanta, said:
That is what our money system is. If there were no debts in our money system, there wouldn’t be any money.
Debt (from the borrower’s perspective) owed to banks is profit and income from the bank’s perspective. In other words, banks are in the business of creating more debt … i.e. finding more people who want to borrow larger sums.
If all the bank loans were paid, no one could have a bank deposit, and there would not be a dollar of coin or currency in circulation. This is a staggering thought. We are completely dependent on the commercial Banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the Banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless position is almost incredible, but there it is. It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied very soon.
Debt is central to our banking system. Indeed, Federal Reserve chairman Greenspan was so worried that the U.S. would pay off it’s debt, that he suggested tax cuts for the wealthy to increase the debt.
What does this have to do with war?
War is the most efficient debt-creation machine. For starters, wars are very expensive.
For example, Nobel prize winning economist Joseph Stiglitz estimated in 2008 that the Iraq war could cost America up to $5 trillion dollars. A study by Brown University’s Watson Institute for International Studies says the Iraq war costs could exceed $6 trillion, when interest payments to the banks are taken into account.
This is nothing new … but has been going on for thousands of years. As a Cambridge University Press treatise on ancient Athens notes:
Financing wars is expensive business, and the scope for initiative was regularly extended by borrowing.
So wars have been a huge – and regular – way for banks to create debt for kings and presidents who want to try to expand their empires.
Major General Smedley Butler – the most decorated Marine in American history – was right when he said:
Let us not forget the bankers who financed the great war. If anyone had the cream of the profits it was the bankers.
War is also good for banks because a lot of material, equipment, buildings and infrastructure get destroyed in war. So countries go into massive debt to finance war, and then borrow a ton more to rebuild.
The advent of central banks hasn’t changed this formula. Specifically, the big banks (“primary dealers”) loan money to the Fed, and charge interest for the loan.
So when a nation like the U.S. gets into a war, the Fed pumps out money for the war effort based upon loans from the primary dealers, who make a killing in interest payments from the Fed.
War Is Horrible for the American PeopleTop economists say that war is destroying our economy. But war is great for the super-elites … so they want to keep it going.
And America’s never-ending wars are hurting our national security.
Never-ending wars are also destroying our freedom. The Founding Fathers warned against standing armies, saying that they destroy freedom. (update).
Perversely, our government – which is a wholly-owned subsidiary of the big banks – treats anti-war sentiment – or protest of big banks (and here) – as terrorism.
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