How Right-Wing Libertarians, John Birchers and Conspiracy Freaks Are Trying to Hijack OWS

[Galraedia]

"End the Fed" signs, and other Ron Paul-inspired sloganeering have been a staple of Occupy encampments from the birth of the movement. To an extent, that reflects the Occupiers' diversity of ideas. But Paul, who wrote a book called End the Fed in 2009, has a spotty reputation among champions of social justice, which was made worse this week with the release of another round of racist, homophobic and anti-Semitic comments excerpted from a newsletter he published throughout the 1980s.

At many Occupy encampments, “End the Fed” signs are everywhere, and Paul supporters are becoming more and more vocal — using the language of the Occupy movement in service of their extremist anti-government agenda.

For the most part cooler (and more progressive) heads prevail, but to a certain extent in the movement, anger at Wall Street and its bankers is morphing into anger at the Federal Reserve and international “banksters” — a term long popular among libertarians, John Birchers and the armed right-wing Patriot Movement.

The Occupy movement’s evolving agenda is in danger of being sullied by association with Paul, whose position includes at its core a conspiracy theory involving the Federal Reserve — a decades-old right-wing bugaboo. On the web, a crucial battleground in the era of the online revolution, the Occupy Movement’s central critique of the obscene power of corporations is in danger of being slapped way off course. Ron Paul supporters dominated the conversation in the public forum on OccupyWallSt.org, the movement’s unofficial Web site, throughout the fall. A December post on the forum complained about the Paul-partisan spammers, and warned against forging an alliance with “Wall Street's religious fanatics, the libertarians, espousing their predatory free-market religion.”

Read more: http://www.alternet.org/news/153821/how_right-wing_libertarians,_john_birchers_and_conspiracy_freaks_are_trying_to_hijack_the_occupy_movement

[Zorra]

1. 1/13/12 The Occupy Movement is not associated with Ron Paul, or his supporters,

in any way, shape or form, whatsoever.

I'm posting this because the PTB have been continually spewing propaganda in an effort to connect Occupy with Ron Paul in order to cloud the anti-corporate control of government Occupy message.

here it is...

It's a somewhat free country. Occupy gathers and meets in many public places. Occupy direct actions take place in many public places.

Ron Paul supporters show up at Occupy events in these public places hoping to get more publicity for Ron Paul and make it appear like the Ron Paul RW agenda has something in common with the Occupy Movement, in an effort to piggyback on Occupy's growing underground popularity. They carry their Ron Paul signs at our events for more visibility for their leader. They think they'll recruit more Ron Paul supporters by doing this.

We don't like it, and no Occupier wants them there, pushing their 1% corporate sponsored political agenda, in order that they may connect their RW bullshit with our apolitical activities that are intended as democratic means to eventually bring about the replacement of the entire existing political, social, and economic culture with a much wider sense of human community. We are the ideological opposite of Ron Paul's ideology, his supporters, and their promotion of laissez-faire capitalist-corporatist control of government.

Occupy. Has. Nothing. To. Do. With. Ron. Paul.

End of story.

thanks

http://www.democraticunderground.com/1002163895

[Rex]

31. Wonderful post.

nt

[Ebadlun]

51. They sound a bit like the SWP in the UK

Socialist Workers' Party, hard-left militant group who wave their banners at every rally going, no matter what it's about.

[AdHocSolver]

2. The Federal Reserve is run by and for the big banks.

The Fed is the enabler of the boom and bust cycles in the stock market and the real estate markets.

The Fed does its job for the "banksters" by keeping interest rates artificially low to bank depositors, giving essentially free money to insiders to speculate with, all the while charging comparatively high interest rates to credit card holders and "legitimate" borrowers.

Add to this the current increases in transaction fees to bank customers, and depositors wind up paying the banks for the privilege of having savings, checking, and money market accounts.

A little arithmetic example. A bank pays 0.2 percent interest on a money market account while charging 14 percent interest on a credit card balance. The bank is getting interest 70 times greater than what they are paying for the use of the money.

Considering that a few years ago, banks were paying 2 percent interest on customers' deposits, banks are currently making out like bandits.

The Fed determines what interest the banks pay. They do NOT set the interest rates for depositor accounts so low to aid the US economy. The big banks are not lending the money to small businesses to expand.

When the Glass-Steagall Act was repealed, it again became legal for the so-called investment banks to buy or merge with commercial banks, the kind that ordinary people deal with. Investment banks are Wall Street banks. Now it is legal for "investment" banks to use depositors' money to set up hedge funds, speculate, and have unlimited amounts of "free" money to run Ponzi schemes in the stock market.

[Major Nikon]

6. Central banking serves numerous purposes both public and private.

So if you want to be critical of the Fed, fine. The Ron Paul loons are not just critical of the Fed. They want to abolish the Fed and go back to the gold standard which was a failed monetary policy a century ago and would be even worse today. This idea is just as bat shit crazy as their plans to do away with the EPA, the IRS, and the Civil Rights Act. These are regressive ideas, not progressive ideas.

[AdHocSolver]

7. The Fed doesn't work for the people of the US. It works for the banks and Wall Street. nt

[Major Nikon]

8. It does work for you

Assuming you care about inflation, deflation, bank runs, runaway interest rates, unemployment, price stability, and all the other problems associated with not having a central bank. That's why first world countries have a central bank.

[AdHocSolver]

12. Spare me your nonsense!

My comments explain what the Federal Reserve ACTUALLY does, not what the propagandists claim it does.

If the Fed actually acted to help the people of the U.S. (the 99 percent) rather than the wealthiest 1 percent, then this country would not be in the economic situation we have now.

Let's consider inflation for example.

Up until the early 1980's, before Greenspan took over the Fed under Reagan, the Fed policy was to raise interest rates to combat inflation. What was the source of inflation that worried the Fed? It was not rising consumer prices. It was rising wages.

By raising interest rates, the Fed wanted to stifle business expansion, the idea being that this would increase the unemployment numbers and create a pool of excess labor that would bid down wages.

There was a down side for Wall Street in this policy. Increased interest rates for depositors caused the middle class to forgo putting money in risky stocks, and prefer the safety and better yields of bank deposits. Moreover, high interest rates reduced activity in the real estate markets and depressed house prices.

Then some Wall Street "genius" developed a solution that would help Wall Street rip off the 99 percent with little or no downside for the 1 percent.

Instead of raising interest rates, lower the interest rates. Cheap money encourages people to play the stock market (better returns to counteract the greater risk). The more money the middle class throws at the stock market (irrespective of how worthwhile the stock actually is -- remember Enron?), the higher the stock price will rise.

Cheaper money translates into cheaper mortgages which means lower monthly payments. This means people are encouraged to spend more for a house than they could otherwise afford which means increased house prices which means high real estate commissions. Moreover, banks created the balloon mortgage since they didn't want people to get a good deal. The banks merely wanted buyers to commit to spending more than they could actually afford. The banks would cash in three years later when the buyer's mortgage rate and payments went considerably higher.

To counteract the problem of rising wages in a "booming" economy, Wall Street would outsource jobs to low wage countries such as Mexico (NAFTA) and China. This would create a surplus of workers in the U.S. and keep wages down.

While wage inflation has become wage deflation, consumer prices have risen considerably, as anybody who has been to a supermarket lately can attest.

This scheme of Wall Street depended heavily on the collusion of the Federal Reserve. The Fed is NOT a central bank that works for the country as a whole. It is a captive of Wall Street that plays its role in enhancing the wealth of the 1 percent at the expense of the 99 percent.

[Major Nikon]

13. You lost me with your subject line

If you're going to call what I wrote nonsense, I have no interest in reading your lengthy response. Learn some tact and you may find an audience.

Cheers!

[TheWraith]

14. Translation: you believe what you believe regardless of facts.

And you have no interest in learning anything which contradicts it.

[stockholmer]

17. [phone] , so many suffer suffer from normalcy bias and cognitive dissonance

Keep up the good fight, the bankster propaganda is well entrenched globally.

It's not a "left vs, right" thing, that is a false paradigm. It's a systemic controller set of less than 50,000 globally (with less than 5,000 of them wielding true shaping power) vs. all the rest of humanity.

Since the founding of the Federal Reserve in 1913, the US dollar has lost over 98% of its true intrinsic purchasing power.

In 1971 the average US car was $4000, and it took 114 ounces of gold to buy. Now it is $29,500, BUT it only takes 17 ounces of gold to buy.

That is the essence of fiat currency debasement.

[stockholmer]

19. btw, I do have to say you subject line is a little harsh, tis easier to catch flies with honey than

vinegar.

cheers

[AdHocSolver]

26. I was responding to the poster's "sweetly" condescending tone of voice.

I don't need to be lectured to about the Federal Reserve. I have a degree in economics and wrote a term paper on the Federal Reserve for one of my economics classes. I wrote to the Fed (this was before the Internet), and they sent me a package of propaganda about the wonderful ways in which they served the public.

I took their propaganda at face value and wrote the paper accordingly.

Along came the 1980's, and having followed the economy with the economics background I now possessed, I saw inconsistencies and contradictions between what I had learned in college, and what was happening in the "real" world.

I decided to follow the advice of a computer genius who said about a famous software company (I paraphrase): "Don't listen to what they say, look at what they do!"

My posts explain what is going on in the economy based on reality, not propaganda.

People toss about terms based on propaganda (such as "free trade&quot without a clue as to what they are talking about. His response questioning my concerns about the economy, rather than him responding to my posts, was a subtle ad hominem attack.

Normally I subscribe to the adage about flies, honey, and vinegar. However, after spending a lot of time and thought framing an appropriate response that non-economists could understand, I found the poster's patronizing attitude a bit too much.

[banned from Kos]

28. You know so little for someone with a degree

The Fed does not "keep interest rates low" for bankers. Interest rates are set by the market. The Fed only targets the Fed Funds rate and moves it lower to spur investment - not to monkey with the yield curve. How are 4% interest rates bad for the economy?

The market even sets the yield on US Treasuries! Not the Fed. Yields are low because inflation is on its death bed and not because of some Fed plan. Those who make the Paultard claim that the dollar "has lost 95% of its value since 1913" won't account for the vast increase of wealth since then or the BIGGER increase in personal income and purchase parity.

The big banks have $1.6 trillion on reserve at the Fed now that pay only 1/4 of one per cent in interest. How are they profiting from this? They are not - that is the answer.

A central bank is critical to a modern economy and that is why the Paultards (many who post here) want to kill fiat money and help his cause.

[Major Nikon]

34. Logic and facts are wasted on those with a closed mind

Regardless of what you write they will simply call it nonsense and use it as an excuse to spew their own version of reality.

The problem I have with the Paultards is not that they point out problems with central banking (or anything else), it's that the alternatives they propose are far worse. As you point out, they often use very disingenuous figures and statistics to make their case, which on the surface appear provocative. This is the hallmark of a demagogue rather than anyone who has a reasonable argument.

[stockholmer]

40. LOLOL!!!--> "not to monkey with the yield curve" ahhh Operation Twist? go study up, as in Econ 101

Also you really need to read up on the concept of 'financial repression'

http://politicalmetals.com/financial-repression-what-is-it-and-how-does-it-silently-steal-from-you/

As for the Fed not controlling interest rates (water flows downhill), that is just.................... a big wtf!???


Ben Bernanke: Unemployment High, Interest Rates Unchanged For Many Months To Come


http://www.huffingtonpost.com/2012/01/25/ben-bernanke-unemployment-high-interest-rates-unchanged-_n_1231262.html

[Major Nikon]

42. Ya gotta love it when someone says, "you really need to read up..."

What inevitably follows is one sided garbage which inevitably makes one dumber for reading it. Ya also gotta love people who claim completely unverifiable credentials on the internet in order to try and make their points appear more valid.

I'm starting to see why you're so angry all the time. It must suck trying to (poorly) pass off the farthest right wing garbage imaginable on a left wing site. If anyone wants to hear someone parrot out Rickards' nonsense, there's plenty of Ron Paul fan sites out there. I don't think you're going to find too many people here interested in this crap.

[stockholmer]

44. typical, so typical, you didn't address one thing of subtance, the bottom line is the poster

was factually wrong.

And basic macro-economics is hardly 'right wing'.

[Major Nikon]

47. So why can't you find any liberal or even moderate sources to back up your claims?

If you want to get away with one or two every now and then, fine, but every source I've seen you reference (perhaps I haven't seen them all) is a right wing hack posted on sites which sell advertising to gold investments. I know at least one of your so-called 'factual' sources lends his name(for a price) to numerous gold future and gold investment outfits that inevitably charge ridiculous fees and target old people who don't know shit from beans about investing. Wow! You might as well start posting what Fred Thompson thinks about "basic macro-economics" while yer at it.

And no, the poster wasn't factually wrong. He claimed the motivation of the fed was one thing, you claimed something else. Both are opinions and are neither factually right or wrong, so please don't try to pass them off as anything but. You're posting "basic macro-economics" as authored by those who describe themselves as free market economists, and not just any free market economists, but those who advocate a return to the gold standard, abolishment of the fed, abolishment of Social Security, and spew nutty conspiracy theories about how the depression was initiated by small groups of people to screw everyone else.

[stockholmer]

49. Dr Steve Keen, Dr Michael Hudson, Dr Hyman Minsky, Dr Donald Markwell, Dr Paul Ormerod etc

HARDLY right wingers.

And stop the gold standard disinfo, I am not advocating that.

[Major Nikon]

50. You also claimed Ron Paul doesn't advocate a return to a gold standard, except that he does

So where have all the sources you referenced advocated abolishing the fed or returning to some fucked up notion of abandoning fiat currency policies and 100 years of monetary theory? And if these sources agree with you, as you claim, why aren't you referencing them instead of the most wacked out free market hacks who appear to be selling their names and reputations to the most predatory investment scheme scumbags imaginable?

[stockholmer]

18. Paul (I do not support him, btw) does not advocate a return to gold standard, he

advocates for competing sound currencies that are not allowed to be debased.

Here is a great programme on how and why to oppose Ron Paul, from an progressive FDR 'American System' perspective. It points out numerous contradictions in his actual proposals, as oppose to ill-informed shots (I am not saying you are ill-informed, btw) I so often hear coming from the so-called left AND the so-called right that do nothing to advance the debate.

http://archives.kpfa.org/data/20111228-Wed1300.mp3

Here is a superb mp3 from a respected left-wing economist, Dr Michael Hudson, dealing with the bankster scams of the last 100 to 150 years plus. This includes a brutal critique of the US Fed.

http://archives.kpfa.org/data/20120125-Wed1300.mp3
------------------------------------------------------------------------------------------

more info:


Unpacking Mr. Global, parts 1& 2,critical​ly vital programmes on systemic control from Pacifica Radio

http://archives.kpfa.org/data/20111102-Wed1300.mp3 part 1

http://archives.kpfa.org/data/20111109-Wed1300.mp3 part 2


"Unpacking Mr. Global, Part One". Derivatives exposure of Bank of America and the FDIC; corruption at the Department of Housing and Urban Development; prosecution of Hamilton Securities; Community Wizard; collateral fraud

"Unpacking Mr. Global, Part Two". Collateral fraud in the housing market; the black budget; financing of a breakaway civilization; privatization of advanced technology; $12 trillion leveraged buyout of the country; a financial coup d'etat; debt used to re-engineer governance systems; Uruguay round of GATT; $4 trillion missing from the federal government; pension funds the biggest financier of federal government; blackmail of congress; private defense contractor control of databases.

-----------------------------------------
Additional resources:

http://dunwalke.com/contents.htm

Dillon Read & Co. Inc. : the Aristocracy of Stock Profits

Catherine Austin Fitts is president of Solari, Inc. and the managing member of Solari Investment Advisory Services, LLC and Sea Lane Advisory, LLC. She previously served as managing director and member of the board of directors of the Wall Street investment bank Dillon, Read & Co., Inc. She also served as Assistant Secretary of Housing/Federal Housing Commissioner at HUD in the first Bush Administration, and was the president and founder of The Hamilton Securities Group, Inc., a broker-dealer/investment bank and software developer. Catherine has a BA from the University of Pennsylvania, an MBA from the Wharton School, and studied Chinese at the Chinese University of Hong Kong.

------------------------------------------

http://solari.com/blog/dick-cheneys-fluffernutter /

Dick Cheney’s Fluffernutter

Sinclair Lewis once said “When fascism comes to American it will be wrapped in the flag and carrying a cross.” Dick Cheney’s new autobiography goes light on the religion, and doubles up on the flag, apple pie, kids, grandkids and down home homilies. It is the literary equivalent of a fluffernutter – an amazing amount of goo poured between slices of white bread.

I read Cheney’s book In My Time because I wanted to see how he could explain his political history inside the constricting boundaries of the official reality. He did – he came up with a complete autobiography that tiptoes through his entire chronology. As a creative venture, it is a formidable achievement. There is, however, little reason to classify it as non-fiction.

I enjoyed numerous tidbits. For personal reasons, I am always interested to learn more about Cheney and Rumsfeld during the Ford Administration engineering Rumsfeld to become the youngest Secretary of Defense, replaced by Cheney as White House Chief of Staff, and engineering George H. W. Bush in to run the CIA to help shut down the Church Commission and do damage control regarding its revelations.

Then, of course, there is one twist and turn of dirtball after another. Cheney always blames the victim. Paul O’Neill leaves Treasury because he is not effective, rather than his efforts to illuminate the actual level of debt and contingent liabilities was bad news for budgeting aggressive tax cuts and military spending plans or his insistence on providing a more realistic estimate of what the Iraq War would cost threatened support for the global empire. Cheney’s rewrite of his relationship with Colin Powell and Powell’s presentation at the United Nations has had Powell’s former chief of staff Lawrence Wilkerson offering to testify if Cheney stands trial. The failure of the Iraqi infrastructure can be blamed on the Iraqi people – let’s not mention the ample documentation that the failure was engineered from the White House.

snip
------------------------------------------------------------------------------

http://solari.com/blog/financial-coup-d%e2%80%99etat /

Financial Coup d’Etat

In the fall of 2001 I attended a private investment conference in London to give a paper, The Myth of the Rule of Law or How the Money Works: The Destruction of Hamilton Securities Group.

The presentation documented my experience with a Washington-Wall Street partnership that had:
•Engineered a fraudulent housing and debt bubble;
•Illegally shifted vast amounts of capital out of the U.S.;
•Used “privitization” as a form of piracy – a pretext to move government assets to private investors at below-market prices and then shift private liabilities back to government at no cost to the private liability holder.

Other presenters at the conference included distinguished reporters covering privatization in Eastern Europe and Russia. As the portraits of British ancestors stared down upon us, we listened to story after story of global privatization throughout the 1990s in the Americas, Europe, and Asia.

Slowly, as the pieces fit together, we shared a horrifying epiphany: the banks, corporations and investors acting in each global region were the exact same players. They were a relatively small group that reappeared again and again in Russia, Eastern Europe, and Asia accompanied by the same well-known accounting firms and law firms.

Clearly, there was a global financial coup d’etat underway.

snip

----------------------------------------------------------------------------------------

http://solari.com/articles/popsicle_index /

The Popsicle Index........ Who makes it go up? Who makes it go down?

To help people understand how the global financial system affects their well being, I came up with a very simple quality-of-life index based on one question: what percentage of the people in your place believe that a child can leave their home, go to the nearest place to buy a popsicle or other snack, and return home alone safely?
Your answer gives you the Popsicle Index or Solari Index of your place.

The Popsicle Index is the % of people who believe a child can leave their home, go to the nearest place to buy a popsicle or snack, and come home alone safely. For example, if you feel that 50% of your neighbors believe a child in your neighborhood would be safe, then your Popsicle Index is 50%. The Popsicle Index is based on gut level feelings of the people who have intimate knowledge of a place, rather than facts and figures.

The purpose of the Popsicle Index is to inspire continuous conversation and learning in every neighborhood and village on earth about what it means to feel safe and secure where you live and work, to be physically free to wander and roam without concern and to identify and shift the people and things that contribute or drain that feeling.

Maybe a passersby can be trusted to leave my child alone, but she drives like a maniac through our neighborhood. Maybe a child is physically safe going to the local store, but his parents are concerned about the chemicals and unknown substances in snacks these days, or the influence of older kids hanging around the store. Maybe the family is too poor for the child to have the money to go buy a treat. Maybe she will be perfectly safe going to the market alone, but die of a preventable disease for lack of basic health care. Or maybe there is no market nearby, or any jobs either, so parents commute to someone else's neighborhood to work and shop and bank.

snip

---------------------------------------------------

http://solari.com/articles/databeast

The Data Beast

As the corruption spread throughout our society in the 1990's, I was forced by circumstance to estimate how the operations of systemic physical and financial violence in our society work. How is so much financial fraud engineered? How was it millions of Americans went along with a housing and debt bubble that bankrupted us? What about the distribution of narcotics into every community in America in ways that are invisible to most people? How is $500 billion - $1 trillion of the proceeds of mortgage and financial fraud, drug sales and other illegal businesses laundered through the US financial system with rarely a peep from the network news?

In the drugging and bankrupting of America, I kept coming back to the importance of building proprietary or secret databases and information systems to support your operations. Such operations are quite expensive, which is part of the beauty of having governments pay private companies and banks to collect and maintain such data, which can then be secretly aggregated and applied. What looks like many different government agencies with diverse purposes, is really a few large defense contractors and banks building and maintaining vast databases that are easily aggregated in powerful ways.


snip

-----------------------------------------------



Remarkable information, presented on a multiplicity of subjects that goes a long way towards explaining the current paradigms we all suffer under.




cheers

[Major Nikon]

27. And the "competing currency" is based on gold

Paul has given numerous interviews and written books on the subject. He advocates for a currency based on gold. That's what the gold standard is.

[banned from Kos]

30. Perhaps a return to the basic functions of the Fed may help you

The Fed

1- insures interbank payments are processed
2- prevents bank runs
3- is lender of last resort
4- maintains price stability
5- intervenes to bolster employment.

How are those bad things? They are very progressive.

Banks would be chaotic without some sort of supervision. We saw that time and time again in the Free Banking era (before 1913).

[stockholmer]

39. Nationalize the Fed, rip it away from the private money changers who own it and you, here they are:

courtesy of your own Congress


“FEDERAL RESERVE DIRECTORS: A STUDY OF CORPORATE AND BANKING INFLUENCE, STAFF REPORT FOR THE COMMITTEE ON BANKING, CURRENCY AND HOUSING HOUSE OF REPRESENTATIVES, 94th Congress. Second Session, August 1976”

http://adabyron.net/FederalReserveDirectors.pdf

Chart 1


Federal Reserve Directors: A Study of Corporate and Banking Influence
Published 1976


** Source: Federal Reserve Directors: A Study of Corporate and Banking Influence. Staff Report,Committee on Banking,Currency and Housing, House of Representatives, 94th Congress, 2nd Session, August 1976.


--------------------------------------------------------------------------------



N.M. Rothschild , London - Bank of England
______________________________________
| |
| J. Henry Schroder

| Banking | Corp.
| |
Brown, Shipley - Morgan Grenfell - Lazard - |
& Company & Company Brothers |
| | | |
--------------------| -------| | |
| | | | | |
Alex Brown - Brown Bros. - Lord Mantagu - Morgan et Cie -- Lazard ---|
& Son | Harriman Norman | Paris Bros |
| | / | N.Y. |
| | | | | |
| Governor, Bank | J.P. Morgan Co -- Lazard ---|
| of England / N.Y. Morgan Freres |
| 1924-1938 / Guaranty Co. Paris |
| / Morgan Stanley Co. | /
| / | \Schroder Bank
| / | Hamburg/Berlin
| / Drexel & Company /
| / Philadelphia /
| / /
| / Lord Airlie
| / /
| / M. M. Warburg Chmn J. Henry Schroder
| | Hamburg --------- marr. Virginia F. Ryan
| | | grand-daughter of Otto
| | | Kahn of Kuhn Loeb Co.
| | |
| | |
Lehman Brothers N.Y -------------- Kuhn Loeb Co. N. Y.
| | --------------------------
µ
| | | |
8
| | | |
Lehman Brothers - Mont. Alabama Solomon Loeb Abraham Kuhn
| | __|______________________|_________
Lehman-Stern, New Orleans Jacob Schiff/Theresa Loeb Nina Loeb/Paul Warburg
------------------------- | | |
| | Mortimer Schiff James Paul Warburg
_____________|_______________/ |
| | | | |
Mayer Lehman | Emmanuel Lehman \
| | | \
Herbert Lehman Irving Lehman \
| | | \
Arthur Lehman \ Phillip Lehman John Schiff/Edith Brevoort Baker
/ | Present Chairman Lehman Bros
/ Robert Owen Lehman Kuhn Loeb - Granddaughter of
/ | George F. Baker
| / |
| / |
| / Lehman Bros Kuhn Loeb (1980)
| / |
| / Thomas Fortune Ryan
| | |
| | |
Federal Reserve Bank Of New York |
|||||||| |
______National City Bank N. Y. |
| | |
| National Bank of Commerce N.Y ---|
| | \
| Hanover National Bank N.Y. \
| | \
| Chase National Bank N.Y. \
| |
| |
Shareholders - National City Bank - N.Y. |
----------------------------------------- |
| /
James Stillman /
Elsie m. William Rockefeller /
Isabel m. Percy Rockefeller /
William Rockefeller Shareholders - National Bank of Commerce N. Y.
J. P. Morgan -----------------------------------------------
M.T. Pyne Equitable Life - J.P. Morgan
Percy Pyne Mutual Life - J.P. Morgan
J.W. Sterling H.P. Davison - J. P. Morgan
NY Trust/NY Edison Mary W. Harriman
Shearman & Sterling A.D. Jiullard - North British Merc. Insurance
| Jacob Schiff
| Thomas F. Ryan
| Paul Warburg
| Levi P. Morton - Guaranty Trust - J. P. Morgan
|
|
Shareholders - First National Bank of N.Y.
-------------------------------------------
J.P. Morgan
George F. Baker
George F. Baker Jr.
Edith Brevoort Baker
US Congress - 1946-64
|
|
|
|
|
Shareholders - Hanover National Bank N.Y.
------------------------------------------
James Stillman
William Rockefeller
|
|
|
|
|
Shareholders - Chase National Bank N.Y.
---------------------------------------
George F. Baker



--------------------------------------------------------------------------------

Chart 2



Federal Reserve Directors: A Study of Corporate and Banking Influence
- Published 1983
The J. Henry Schroder Banking Company chart encompasses the entire history of the twentieth century, embracing as it does the program (Belgium Relief Commission) which provisioned Germany from 1915-1918 and dissuaded Germany from seeking peace in 1916; financing Hitler in 1933 so as to make a Second World War possible; backing the Presidential campaign of Herbert Hoover ; and even at the present time, having two of its major executives of its subsidiary firm, Bechtel Corporation serving as Secretary of Defense and Secretary of State in the Reagan Administration.

The head of the Bank of England since 1973, Sir Gordon Richardson, Governor of the Bank of England (controlled by the House of Rothschild) was chairman of J. Henry Schroder Wagg and Company of London from 1963-72, and director of J. Henry Schroder,New York and Schroder Banking Corporation,New York,as well as Lloyd's Bank of London, and Rolls Royce. He maintains a residence on Sutton Place in New York City, and as head of "The London Connection," can be said to be the single most influential banker in the world.



--------------------------------------------------------------------------------



J. Henry Schroder
-----------------
|
|
|
Baron Rudolph Von Schroder
Hamburg - 1858 - 1934
|
|
|
Baron Bruno Von Schroder
Hamburg - 1867 - 1940
F. C. Tiarks |
1874-1952 |
| |
marr. Emma Franziska |
(Hamburg) Helmut B. Schroder
J. Henry Schroder 1902 |
Dir. Bank of England |
Dir. Anglo-Iranian |
Oil Company J. Henry Schroder Banking Company N.Y.
|
|
J. Henry Schroder Trust Company N.Y.
|
|
|
___________________|____________________
| |
Allen Dulles John Foster Dulles
Sullivan & Cromwell Sullivan & Cromwell
Director - CIA U. S. Secretary of State
Rockefeller Foundation

Prentiss Gray
------------
Belgian Relief Comm. Lord Airlie
Chief Marine Transportation -----------
US Food Administration WW I Chairman; Virgina Fortune
Manati Sugar Co. American & Ryan daughter of Otto Kahn
British Continental Corp. of Kuhn,Loeb Co.
| |
| |
M. E. Rionda |
------------ |
Pres. Cuba Cane Sugar Co. |
Manati Sugar Co. many other |
sugar companies. _______|
| |
| |
G. A. Zabriskie |
--------------- | Emile Francoui
Chmn U.S. Sugar Equalization | --------------
Board 1917-18; Pres Empire | Belgian Relief Comm. Kai
Biscuit Co., Columbia Baking | Ping Coal Mines, Tientsin
Co. , Southern Baking Co. | Railroad,Congo Copper, La
| Banque Nationale de Belgique
Suite 2000 42 Broadway | N. Y |
__________________________|___________________________|_
| | |
| | |
Edgar Richard Julius H. Barnes Herbert Hoover
------------- ---------------- --------------
Belgium Relief Comm Belgium Relief Comm Chmn Belgium Relief Com
Amer Relief Comm Pres Grain Corp. U.S. Food Admin
U.S. Food Admin U.S. Food Admin Sec of Commerce 1924-28
1918-24, Hazeltine Corp. 1917-18, C.B Pitney Kaiping Coal Mines
| Bowes Corp, Manati Congo Copper, President
| Sugar Corp. U.S. 1928-32
|
|
|
John Lowery Simpson
-------------------
Sacramento,Calif Belgium Relief |
Comm. U. S. Food Administration Baron Kurt Von Schroder
Prentiss Gray Co. J. Henry Schroder -----------------------
Trust, Schroder-Rockefeller, Chmn Schroder Banking Corp. J.H. Stein
Fin Comm, Bechtel International Bankhaus (Hitler's personal bank
Co. Bechtel Co. (Casper Weinberger account) served on board of all
Sec of Defense, George P. Schultz German subsidiaries of ITT . Bank
Sec of State (Reagan Admin). for International Settlements,
| SS Senior Group Leader,Himmler's
| Circle of Friends (Nazi Fund),
| Deutsche Reichsbank,president
|
|
Schroder-Rockefeller & Co. , N.Y.
---------------------------------
Avery Rockefeller, J. Henry Schroder
Banking Corp., Bechtel Co., Bechtel
International Co. , Canadian Bechtel
Company. |
|
|
|
Gordon Richardson
-----------------
Governor, Bank of England
1973-PRESENT C.B. of J. Henry Schroder N.Y.
Schroder Banking Co., New York, Lloyds Bank
Rolls Royce



--------------------------------------------------------------------------------

Chart 3



Federal Reserve Directors: A Study of Corporate and Banking Influence
- Published 1976
The David Rockefeller chart shows the link between the Federal Reserve Bank of New York,Standard Oil of Indiana,General Motors and Allied Chemical Corportion (Eugene Meyer family) and Equitable Life (J. P. Morgan).



--------------------------------------------------------------------------------


DAVID ROCKEFELLER
----------------------------
Chairman of the Board
Chase Manhattan Corp
|
|
______|_______________________
Chase Manhattan Corp. |
Officer & Director Interlocks|---------------------
------|----------------------- |
| |
Private Investment Co. for America Allied Chemicals Corp.
| |
Firestone Tire & Rubber Company General Motors
| |
Orion Multinational Services Ltd. Rockefeller Family & Associates
| |
ASARCO. Inc Chrysler Corp.
| |
Southern Peru Copper Corp. Intl' Basic Economy Corp.
| |
Industrial Minerva Mexico S.A. R.H. Macy & Co.
| |
Continental Corp. Selected Risk Investments S.A.
| |
Honeywell Inc. Omega Fund, Inc.
| |
Northwest Airlines, Inc. Squibb Corporation
| |
Northwestern Bell Telephone Co. Olin Foundation
| |
Minnesota Mining & Mfg Co (3M) Mutual Benefit Life Ins. Co. of NJ
| |
American Express Co. AT & T
| |
Hewlett Packard Pacific Northwestern Bell Co.
| |
FMC Corporation BeachviLime Ltd.
| |
Utah Intl' Inc. Eveleth Expansion Company
| |
Exxon Corporation Fidelity Union Bancorporation
| |
International Nickel/Canada Cypress Woods Corporation
| |
Federated Capital Corporation Intl' Minerals & Chemical Corp.
| |
Equitable Life Assurance Soc U.S. Burlington Industries
| |
Federated Dept Stores Wachovia Corporation
| |
General Electric Jefferson Pilot Corporation
| |
Scott Paper Co. R. J. Reynolds Industries Inc.
| |
American Petroleum Institute United States Steel Corp.
| |
Richardson Merril Inc. Metropolitan Life Insurance Co.
| |
May Department Stores Co. Norton-Simon Inc.
| |
Sperry Rand Corporation Stone-Webster Inc.
| |
San Salvador Development Company Standard Oil of Indiana



--------------------------------------------------------------------------------

Chart 4



Federal Reserve Directors: A Study of Corporate and Banking Influence
- Published 1976
This chart shows the interlocks between the Federal Reserve Bank of New York J. Henry Schroder Banking Corp., J. Henry Schroder Trust Co., Rockefeller Center, Inc., Equitable Life Assurance Society ( J.P. Morgan), and the Federal Reserve Bank of Boston.



--------------------------------------------------------------------------------


Alan Pifer, President
Carnegie Corporation
of New York
----------------------
|
|
----------------------
Carnegie Corporation
Trustee Interlocks --------------------------
---------------------- |
| |
Rockefeller Center, Inc J. Henry Schroder Trust Company
| |
The Cabot Corporation Paul Revere Investors, Inc.
| |
Federal Reserve Bank of Boston Qualpeco, Inc.
|
Owens Corning Fiberglas
|
New England Telephone Co.
|
Fisher Scientific Company
|
Mellon National Corporation
|
Equitable Life Assurance Society
|
Twentieth Century Fox Corporation
|
J. Henry Schroder Banking Corporation



--------------------------------------------------------------------------------

Chart 5



Federal Reserve Directors: A Study of Corporate and Banking Influence
- Published 1976
This chart shows the link between the Federal Reserve Bank of New York, Brown Brothers Harriman,Sun Life Assurance Co. (N.M. Rothschild and Sons), and the Rockefeller Foundation.



--------------------------------------------------------------------------------


Maurice F. Granville
Chairman of The Board
Texaco Incorporated
----------------------
|
|
Texaco Officer & Director Interlocks ---------------- Liggett & Myers, Inc.
------------------------------------ |
| |
| |
L Arabian American Oil Company St John d'el Ray Mining Co. Ltd.
O | |
N Brown Brothers Harriman & Co. National Steel Corporation
D | |
O Brown Harriman & Intl' Banks Ltd. Massey-Ferguson Ltd.
N | |
American Express Mutual Life Insurance Co.
| |
N. American Express Intl' Banking Corp. Mass Mutual Income Investors Inc.
M. | |
Anaconda United Services Life Ins. Co.
R | |
O Rockefeller Foundation Fairchild Industries
T | |
H Owens-Corning Fiberglas Blount, Inc.
S | |
C National City Bank (Cleveland) William Wrigley Jr. Co
H | |
I Sun Life Assurance Co. National Blvd. Bank of Chicago
L | |
D General Reinsurance Lykes Youngstown Corporation
| |
General Electric (NBC) Inmount Corporation



[END]


http://www.lawfulpath.com/ref/federal_reserve.shtml

-------------------------------

http://tinyurl.com/d7rcjt


The strategy of the Federal Reserve is to accumulate all the wealth through the very slow, but effective, technique of currency debasement. The monarchs of old used to shave or clip the coins as they passed through their treasuries. Now the process is more sanitary (no more clipping and scraping all those dirty coins). John Maynard Keynes clearly stated that at there is no more effective method of destroying a society than through currency debasement.

The primary reason for its success is the inability of most people to understand that more is not necessarily better. A recent conversation highlighted Kenyes's observation. There is some agitation to raise the minimum wage in my state. I listened to a proponent of a higher minimum wage. I attempted to point out that an increase in a large number of people's income would only result in prices going up, along with the obvious tax increases. "What was I talking about?" was the response. I explained that some percentage of people might wind up dealing with tax bracket creep (increases), and all will have with the obligatory tax increases that follow from any price increase. If nothing else, the sales tax must go up because the prices have gone up. I was immediately informed that I was the most negative person they had ever talked to.

The Federal Reserve will always debase the currency to take its cut, and guarantee that the government has a tax base available to feed its bureaucratic family. The government is a total slave of the Federal Reserve. For example, analyze the latest real estate boom here in 2004 as I write. There will be a major boost in property taxes based on the new valuations. Many people will be surprised when they receive their new tax bill. This will guarantee more money for the government coffers. They know that people will do almost anything to keep their homes. What's another job or two per family? Besides, the extra job will provide more tax revenue for the government. This will require more day care, or baby-sitting services for many families, which create more income for the government. This will cause more meals to be eaten out, which creates more revenue for the government Meanwhile, prices will continue to go up, which creates more sales tax revenue for the government. Are you getting the point yet? Deflation is end of the government.

This is the strategy of the Federal Reserve. The majority of the people will always believe that more is better. Knowing that, and now having a democracy ensconced in the US, it was time to feed and breed. Prices always go up, and everything is "Wunnerful, Wunnerful" Bring on the Champagne Lady.

snip

[Major Nikon]

43. You're parroting a free market loon who claims Social Security is "One of the Great Scams!"

[stockholmer]

45. again, you offer NOTHING of substance, nothing of factual rebuttal, just more tired false ad hominem

Just because you do not understand something, you disagree with it, or it doesn't fit in your narrow world-view, does NOT make it right wing.

Go get a new playbook, the one you use now has been voted off the island.

PS, I never said a thing about Social Security.

[Major Nikon]

48. The author you parroted damn sure did have something to say about Social Security being a scam

Perhaps you should know your sources a bit better.

And no, just because I don't agree with your sources, doesn't make their ideas right wing, but when most every other economist that's worth the powder it would take to blow them to hell disagrees with them on this issue and you ONLY see these looney ideas posted by the farthest of the far right wing loons, that does make a pretty damn good case for it. In fact, I'm not sure how else you would make a case for it.

From now on every time I see you posting tripe from far right wing hacks on this subject, I'm going to call it out as just that. Don't like it? Tough shit. I don't care how many times you want to sequel "ad hominem". I don't come to a left based web site to debate the merits of looney wingnut ideas.

[stockholmer]

46. btw, in this post (on this very same thread) I attack Paul hard from THE LEFT

http://www.democraticunderground.com/1002223150#post37

cheers

[Zalatix]

41. You don't have to be a Libertarian to understand the evil behind this

"Give me control of a nation's money supply, and I care not who makes its laws" - Amschel Rothchild

Not too interested in going back to the gold standard, but one thing is true - when you control the country's currency, its laws don' t mean jack monkey squat. The guys running the Fed are even more powerful than the 1%.

[David__77]

3. It's fine for people on the right to join, no?

Mass movements are going to attract all sorts: Ron Paulites, LaRouchies, Trotskyites, what have you. That's fine.

[Tarheel_Dem]

4. This was clear to a lot of us from the very beginning. The Ron Paul signs were a dead giveaway.

As Thom Hartmann used to say, Libertarians are just Republicans who want to smoke dope and get laid. Not a lick of difference between them except the religious stuff.

[Luminous Animal]

5. Oh noes! The Occupy movement sullied by Paul!

I remember when the civil rights movement was sullied by communists. The movement quickly died.

[randome]

9. Since OWS has no agenda and no leadership...

...there's nothing to hijack.

[Galraedia]

10. Except the message.

The protests are against social and economic inequality, high unemployment, greed, as well as corruption and the undue influence of corporations on government—particularly from the financial services sector.
Ron Paul has an appeal to those looking for a messiah, many of whom are disillusioned. As far as him hijacking the Occupy movement he has found fertile ground in which to plant his anti-government seeds. Never mind the dichotomy of his desire to abolish the regulatory capacity of the government which will allow those who caused the collapse to gain complete control of the economy. Never mind that he will never raise taxes on the rich which is primarily the cause of our "budget crisis".

[FarLeftFist]

38. True, not to mention the OWS message boards and other social media outlets.

Once this became political it all started crashing down. The movement is not political in nature yet more sociological. Once politics was injected it became too divided.

[Enrique]

11. I've always thought that a lot of the conspiracy stuff is CIA dirty tricks

some of it is so sophisticated and so logically coherent and so carefully crafted and maintained that it seems like it would take a lot of know-how and a lot of resources. The Ron Paul phenomenon fits right in with that.

[backscatter712]

15. I often wonder if government or corporate dirty-tricks groups send the conspiracy nuts.

Here in Denver, we've had our share - truthers, people talking about chemtrails, etc.

It would be a strategy to dilute Occupy's real message about wealth distribution, the rape of the middle class, etc. - send in the kooks to try to divert talk to UFOs and such, watch some of the fair-weather marchers roll their eyes and leave...

[stockholmer]

21. nice conflation of anyone who questions the official 9-11 tale with UFO wackos, sheesh

You do realize that the 'rape of the middle class' is considered conspiracy theory by many? It is all a matter of perspective.

[Uncle Joe]

36. That's a brilliant video. n/t

[stockholmer]

22. "it is so sophisticated and so logically coherent and so carefully crafted and maintained"

Sounds like false left-right paradigm eminating from the sham 2 party (aka red team-blue team) system the US suffers under.

The argument that the two parties should represent opposed ideals and policies, one, perhaps, of the Right and the other of the Left, is a foolish idea acceptable only to the doctrinaire and academic thinkers. Instead, the two parties should be almost identical, so that the American people can "throw the rascals out" at any election without leading to any profound or extreme shifts in policy.

- Carrol Quigley (Bill Clinton's Georgetown mentor), Tragedy and Hope (1966)

It's all rearranging deck chairs on the

[banned from Kos]

33. "sham 2 party system" - spoken like a true ZeroHead enthusiast where Ron Paul is supreme

and gold is worshiped.

Gold is for the 1% only. Of course those who OWN gold will own all the currency base thus all the power.

By returning to a gold-backed free banking era we turn our back on those who work and borrow to live.

[stockholmer]

37. welcome back old friend! haven't seen you since DU2 days, was concerned you got lost

Gold and silver have been money and a constant store of wealth for 6000 years. For both poor and rich alike. All fiat currencies regimes die, most before they turn 40 to 50 years old. This time will be no different. The die is already cast, many trillions ago. The main fear I have is the global war to save the petrol-dollar linkage that the US may very well start.

The exodus is already beginning, look at all the bi-lateral non-dollar trade deals for oil, etc that China, India, Russia, Brasil, Iran, soon Japan, etc are entering into. The US is thus forced, thru the Fed, to offer trillions more in EU dollar swaps and other bailouts just to keep the EU on the dollar teat. Have fun as an American paying for those trillions given to the Eurozone. It's all the same group of banksters anyway.

And, in summation, I still never have, nor will I ever, support Ron Paul, as you have claimed oh so many times. I am a left libertarian socialist, but you already know this.


In fact, listen to this mp3 on how to actually counter him with cold, hard facts, so simple that anyone can grasp.

Critique of Ron Paul's Austerity Plan

http://archives.kpfa.org/data/20111228-Wed1300.mp3

Look at his proposed budget cuts ($1 trillion in first year):

http://c3244172.r72.cf0.rackcdn.com/wp-content/uploads/2011/10/RestoreAmericaPlan.pdf


Paul's bigest issue is being anti-war, anti-empire (an admirable thing). BUT, he only proposes to cut 15% from the baseline Department of Defense budget.

At the same time look at his huge cuts in programmes that are some of the few last lines between the US and an utter collapse and violent civil unrest on a grand scale. (go to the bottum of page 6 on the link above).

Medicaid 47% cut

SCHIP (Low Income Children Health Insurance) 47% cut

Food Stamps (almost 50 million US citizens) 60% cut

WIC 36% cut

Just these 4 programme cuts would be disastrous and amount to the deaths of millions of US citizens in the near and midterm future. Perhaps the goals of paring down government is admirable in certain areas, but you cannot turn around the Titanic in a swimming pool. This is what the immediate imposition of right-wing libertarian scrapping of government in the blink of an eye would be. It would take a decade or much longer of reform to change the entire infrastructure and mindset of the US. It will never happen under the current system, and Paul's proposals are borderline insane in their rush to kill off aid whilst not having anything to replace it.

The true shame is that an anti-war, anti-empire agenda is being solely trumpeted (and will be somewhat discredited due to Paul's inherent flaws) on a large national stage by only one candidate for Republican POTUS, and not the huge majority of Democrats (President Obama, are you listening?).

[Snake Alchemist]

35. So wait...you think the consiracy stuff is itself a conspiracy?

[muriel_volestrangler]

16. I love the OWS forum moderator's comment:

“We do not support an election campaign for 2012. At all. We have removed election material for Obama, Paul, Warren, Paul, Cain, Paul, Perry, Paul, the green party, Paul, Nader, Paul, and did I mention Paul?”

[randome]

20. Oh, yeah, that's brilliant.

No support of anyone or anything, just noise 24/7.

What a kerfuffle.

[joshcryer]

24. Don't underestimate noise.

With enough noise, people start to listen.

[randome]

29. Or they tune out.

[joshcryer]

25. As well they shouldn't.

Advocating anyone is the first step toward self-marginalization. Even advocating someone like Warren, who is a modern populist of our times. They must stay impartial and continue the message of the 99%! The message is what is most important of all.

[joshcryer]

23. What I've found fascinating, to be sure, is that while they try to pretend to align with OWS...

...there are still followers (see: Ron Paul advocates in particular) who throw OWS under the bus as soon as it expresses anti-capitalist tendencies. Nothing came as close as the OWS crackdowns in NYC a few weeks back where they inundated the live streams and bashed OWS in all ways imaginable, even as people were being unjustly arrested on the streets (in one case the police blocked the sidewalk and then arrested people for blocking the sidewalk!). "Libertarians" they are not. They are selfish, pigheaded, racist bigots, in my experience. They only pretend to be aligned with OWS for their own bigoted and selfish ends.

[T S Justly]

32. No, no, this week's meme is "gypsies" and "thieves" ...

http://www.democraticunderground.com/1002205988#post43