NEW
WORLD ORDER
thirteen
families effectively control the central banks of all the
hard-currency countries. These "control banks" all
practice FRACTIONAL RESERVE BANKING, which is perfectly legal
in the US. Fractional reserve banking means that the bank
is only required to hold on hand the small fraction of money
(5%) that is needed to cover the fraction of deposits likely
to be drawn upon and cashed. Moneys deposited in accounts
go into a reserve upon which credit can be issued. In the
US credit can be issued to seven times the reserve, in international
banks (off shore establishments) twenty times the reserve
can be issued as credit. It is imp[ortant to understand this
concept in order to understand the larger picture.
In the
mid 1970s, the final phase of System 2000, a "global
creditors' unilateral totalitarian plan" was put into
effect. A Pentagon official and three other US officials went
to the Prime Minister of Nigeria and offered him fifty million
dollars in cash to double the price of light crude oil. Nigeria
is one of only two countries in the world that produce light
crude, which is an extremely pure form of oil whose price
sets the standard for all other forms of crude oil.
Armed
with the knowledge that, because of their deal with Nigeria,
the price of Mid-east oil was about the skyrocket, the international
bankers went to the Arabs and said, "We will send the
price of crude oil as high as you want if you will promise
to invest some of the money you make in the United States."
Nigeria
doubled the price of light crude, the price of oil from the
Mid-east went up and the price of a gallon of gasoline in
the United States jumped to $1.20. (My note: In Italy, where
I was living at the time, it was costing $1 a LITRE after
the oil price was sent through the roof.) Unwittingly, Americans
began to finance System 2000 with every tank of gas they bought.
As the
money began to pour into the Arabian countries, the sheiks
fulfilled their promise to invest in the U.S. and began buying
stocks, bonds, and real estate. More importantly, they put
their money into thirty-year timed certificates (drawn up
by the international bankers). Remember that Arabs went from
camel-riding nomads to wealthy international investors in
a very short period of time and they had no grasp of how the
banking system worked; in particular, they did not know about
the concept of fractional reserve banking.
The international
bankers now had millions of dollars locked into timed deposits,
and they took that money and loaned out TWENTY TIMES AS MUCH.
In 1983, the international bankers created two groups of holding
companies to handle all this Arab money. One of the groups
took the funds coming in from the Arabs and loaned it out
to Third World countries. The purpose of the holding companies,
as you will see later, was to remove the responsibility for
the money from the banks to a less accountable entity.
The international
bankers were aware of the fact that most of the Third World
countries knew nothing about running a country or allocating
funds. Most had been colonies of some other nation and had
only recently begun to govern themselves. The bankers were
counting on the Third World countries to squander their money
in a short time. They fully intended for these countries to
go bankrupt and to be unable to pay back their loans.
The Phillipines
is one example of what happened to Third World countries in
the next stage of the plan. The international bankers went
to President Marcos and presented him with a way out of the
enormous debt his country faced. They said, "We will
forgive your loans - you'll have to pay none of the principal,
none of the interest - if you will just sign this agreement:
1) do away with its national currency, 2) go to a debit-card
system where each person is assigned a number and his purchases
are debited from his account on a computerised system and
3) sign over perpetual rights to all natural resources in
the country.
The offer
was tempting since it would put much of the labor force back
to work and solve many of the country's economic problems.
But Marcos realised that becasue of the word "perpetual",
he was virtually giving away the sovereignty of his country.
He refused to sign the agreement. Weeks later he wass deposed
and his country was torn apart by riots which Jonathon May
says were incited by the internal bankers.
Other
countries decided to accept the agreement when it was offered
to them. Recently Brasil, Argentina and other nations have
announced that they do not plan to pay back their loans. They
failed to mention that the loans had been excused in exchange
for the rights to their natural resources.
At this
point all the dominoes are in place and the international
bankers are ready and waiting for their opportunity to topple
them.
HERE
IS THE PLAN. When enough of the Third World nations sign the
agreement, saying they are not going to repay the loans they
received from the holding company, the international bankers
can declare the holding company insolvent. (This is where
it becomes apparent why the money was put in holding companies
instead of in banks. The holding companies were designed to
go bankrupt.! Chase Manhattan or Chemical Bank would not have
to be sacrified since there were not responsible for the loans.)
Once
the holding companie is declared bankrupt, they can legally
avoid payment to the Arab nations. The international bankers
will say, "Sorry, Arabs. We lost your money. You are
broke!" When the Arab nations realise that all their
money is gone, they will immediately liquidate all of their
other assets. They will dump billions and billions of stocks
and Wall Street will collapse. They will put all of their
farmland and real estate on the market and land values will
plummet. Farmers will have no collateral to borrow against
to plant next year's crops and food will become scarce in
the grocery stores.
The effect
this will have on the American economy will be chaotic. This
catastrophic collapse has been purposely designed to throw
the American people into a state of confusion. Then the benevolent
bankers will step forward saying, "Look what these dirty
Arabs have done to you!" and offer a solution to our
problems.
Their
solution will be to abolish our currency and institute a new
form of money. Each person then would be issued a government
ID number and would need a debit card to do any business transactions.
Perhaps
the biggest shock in May's story is that the "Star Wars"
system is only 40% concerned with defense and 60% concerned
with banking! These "Star Wars" satellites would
link the debit system to a central computer base - a superbank.
Transfer of funds between accounts would be instantaneous
and the internal bankers would finally have complete financial
control. May says the debate over "Star Wars" is
all show because the satellites are already in place!
(snip)
Perhaps
the best defense the international bankers have against protesters
is influencing the publics' opinion through the media!!! In
his book, "The Naked Capitalist" Cleon Skousen says
that, "Nothing panics the international establishment
like the possibility of a threatened exposure. Whenever the
public has become dangerously aware of the conspiratorial
processes operating around them, the vast inter-locking power
structure of the entire London-Wall Street combine has immediately
shifted into high gear and raced to the rescue. Radio, TV,
newspaper, magazines, government policy makers, college officials
and other opinion molders in high places have all commenced
a recitation of a carefully prepared line designed to pacify
the public and put them back to sleep".
Who actually
controls the Federal Reserve? Who are the stockholders of
this private corporation? In a legislative session regarding
abolishing the Fed, the following eight family banks were
named as the owners of the Federal Reserve:
Rothschild
Banks of London and Berlin
Lazares Brothers Banks of Paris
Israel Moses Seif Bank of Italy
Warburg Bank of Hamburg and Amsterdam
Lehman Brothers Bank of New York
Chase Manhattan Bank of New York
Kuhn, Loeb Bank of New York
Goldman, Sachs Bank of New York.