Showing posts with label FED. Show all posts
Showing posts with label FED. Show all posts

Monday, February 21, 2011

Rothschilds Stage Revolutions To Kill Islamic Banking

PwP Exclusive  ©Feb 9 2011

Background: Tunisia has undergone increasing economic liberalization over the last decade: In the 2010-2011 World Economic Forum’s Global Competitiveness Report, it was ranked as the most competitive country in Africa, as well as the 32nd most economically competitive country globally.   North Africa’s large Muslim populations are a vast business opportunity for Islamic banking and other businesses.


Jacob Rothschild
Contrary to popular belief, the world’s finances are controlled by privately-owned “central banks” masquerading as federal government banks in nearly every country in the world  [The U.S. Court of Appeals, Ninth Circuit, ruled that The Federal Reserve (U.S.' central bank) was privately owned in 680 F.2d 1239, LEWIS v. UNITED STATES of America, No. 80-5905].
Though it is a carefully guarded secret, the Rothschilds and their associates own most the shares in the central banks (Federal Reserve Directors: A Study of Corporate and Banking Influence, Committee on Banking, Currency and Housing, House of Representatives, 1976, Charts 1-5) (Mullins, Eustice  Secrets of the Federal Reserve 1983).   With extremely little government input, the economies of Tunisia, Egypt, Yemen, Jordan, and Algeria are strictly controlled by the Rothschild’s central banks and their International Monetary Fund.
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THE MOTIVE: FOLLOW THE MONEY
Tunis Financial Harbour opened last October.
Islamic banks have been eating into Rothschild profits in the Middle East because: they don’t charge interest (Shariah Law), they are growing very rapidly among the world’s exploding Muslim populations, and (in these catastrophic economic times) they are more stable than western banks.
While it is a very good thing that people are freed from the tyranny of dictators, they also need to be freed from the tyranny of economic control and serfdom.  The relevant moral question is: Do the means justify the end?.
Deposed Tunisian President Ben Ali’s son-in-law, Sakher El Materi, opened Tunisia’s first Islamic bank, Zitouna Bank, on May 26, 2010.   Zitouna Bank is the first Islamic bank in the Maghreb region [North Africa].   The bank was a first step toward Ben Ali’s new program of extensive reforms, “Tunisia, a Pole for Banking Services and a Regional Financial Centre”, which would have undermined the power and the profits of the Central Bank of Tunisia (privately-owned by the Rothschilds and their associates).

The Telegraph (October 19 2010) reported on the opening of the megaproject Tunis Financial Harbour –President Ben Ali’s bid to make Tunisia the regional financial centre of North Africa and beyond: “Islamic investment bank Gulf Finance House (GFH) and the Tunisian government have created the first offshore finance centre in North Africa.  The centre will be part of Tunis Financial Harbour, a $3 billion waterfront development in Tunis . . .  GFH, which is based in Bahrain, hopes the centre will allow Tunisia to take advantage of its strategic position on the Mediterranean sea, and operate as a bridge between the EU and the rapidly growing economies of North Africa [and subSaharan Africa].”

Read The Whole Thing

Wednesday, February 9, 2011

The Secret Family Link Between a Legendary Tribe and the Rise of the International Money Power


DOWNLOAD BROADCAST

The Piper Report Feb 8, 2011

February 8th, 2011


Mike Piper of AFP

In this first-ever special broadcast, dedicated exclusively to a single topic—and a controversial one, to be sure—Michael Collins Piper explores a wide variety of material (coming from multiple un-related sources) which points toward uncovering what may well be one of the biggest political (and religious) secrets of the all-too-often distorted history of Western Civilization.

Piper focuses on some surprising details regarding the little-noted (but quite apparent) ethnic and philosophical origins of one well-known and much-publicized family (the subject of endless popular literature and Hollywood hoopla) and demonstrates that this family has never before been fully recognized or acknowledged for its peculiar and particular role in this aspect of the "hidden history" of the West—and of the British Empire in particular. And no, we're NOT talking about the Rothschilds. 

Although informed people worldwide are well-versed in the history of the criminal intrigues of the international money power of the Rothschild Dynasty which came to dominate a global octopus based out of its center of operations in the so-called City of London—beginning in the closing years of the 18th Century—Piper demonstrates in this broadcast that the rise of the Rothschilds and the inter-related families and financial groups with which they collaborate was made possible, first and foremost, by the religious battles of the so-called "reformation" in Britain. 

Piper identifies the one family that played such a central part in this upheaval that changed the course of English civilization—and that of the West—forever. And as it turns out, this family's origins appear to go back to the ancient kingdom of Khazaria—the stuff of legend and much debate. 

And it is no coincidence that the impact of their corruption and debauchery reverberates even today, for the Federal Reserve gangster monopoly of America's money system can be traced back to this family's machinations in Britain during the 15th Century—long before the rise of even the Rothschilds!

All of this is indeed history—hidden history—at its best (or its worst).

Before going public with his own assembly of the diverse (and eye-opening) information that he uncovered, Piper outlined his research with a number of individuals whom Piper freely admits are far more well-versed in a number of historical, cultural and religious realms than he has ever been, and all of them—to a man—concluded that Piper was indeed "on to something."

Piper has pointed out that although he initially began on this realm of research almost as a whim—and he describes his process of research in this broadcast—he recognizes that many people will dismiss his thesis out of hand, perhaps "explaining" that Piper "has an axe to grind."
But Piper says, in preliminary response: "Don't dismiss what I've put forth until you've listened to the entirety of the broadcast—and listened to it carefully."

Piper urges those who ARE able to find holes in his research to point them out publicly on this website, using facts—not opinions. "If you have some particular expertise in one or more of the areas that I've discussed, by all means then," he says, "please show me where I'm wrong."

courtesy MICHAEL COLLINS PIPER - America's Greatest Investigative Journalist

Wednesday, February 2, 2011

The Tragic Decline of US Dollar

02/02/11 Laguna Beach, California – In 2013, we Americans will commemorate a century of wealth destruction in the United States – the Federal Reserve will be 100 years old.

In 1913, the Federal Reserve Act became law – granting sole authority to the Federal Reserve to “issue legal tender.” Armed with its new power and its good intentions, the Fed embarked on a 98-year process of currency debasement. That’s not what the Fed set out to do; it’s just what it did do.
In the early days of the Federal Reserve, this monetary authority enjoyed the support of a gold standard. 

Few Americans doubted that the Fed’s new greenbacks would be as good as gold. As such, gold coinage and paper dollars intermingled effortlessly in the US economy for most of the Fed’s first two decades.
But as the wheels of progress roared ahead, America’s “hard money” coinage disappeared and soft promises took its place – soft promises and lots of chatter about hard money. As it turns out, chattering about hard money does not preserve wealth as well as hard money itself.

The purchasing power of a one dollar bill has plummeted more than 95% since the Federal Reserve first began printing its legal tender in 1914. Although the dollar’s epic decline began glacially, it has gathered luge-like momentum.

The greenback’s value dropped only 50% during the first 33 years of the Fed’s stewardship – i.e. between 1913 and 1946. But the 1946 dollar would lose half its value in just 24 years, while the 1970 dollar would lose half its value in just nine years. The rate of decay slowed somewhat during the Volcker years, as the 1979 dollar did not lose half its value until 14 years later.

Nevertheless, the dollar’s progression toward zero since 1913 feels more geometric than arithmetic.

In 1914, the year the Federal Reserve began conjuring dollar bills into existence, 700,000 shimmering new $10 Indian Head Gold Eagles rolled out of the Philadelphia, San Francisco and Denver Mints. Once in the hands of a working stiff, each $10 coin would buy $10 worth of goods and services. Likewise, the Fed’s crisp, new McKinley $10 bill would also buy $10 worth of goods and services.

Over the ensuing 98 years, a succession of Federal Reserve Chairmen labored to “preserve” the purchasing power of their McKinleys, Washingtons and Lincolns. The Gold Eagles had to take care of themselves. The results are in; the unprotected Gold Eagles flourished, while the “protected” Mckinleys withered. Based on its metal content, a 1914 $10 Indian Head Gold Eagle is worth $643.45. A 1914 $10 bill is still worth ten dollars.

To examine this contrast from a slightly different perspective, consider the divergent paths of the two $50 bills pictured below.


The first $50 bill is a 1913 “Gold Certificate,” issued directly by the US Treasury and fully convertible into gold. The second $50 bill was issued by the Federal Reserve in 1914 and was convertible into nothing. Both versions of this $50 bill circulated freely in American commerce.

Any holder of the $50 Gold Certificate held title to 2.41896 troy oz. of Gold – at the fixed rate of $US20.67 per troy oz. These certificates could be redeemed at any bank or from the US Treasury itself at any time…until 1933, when FDR outlawed gold ownership.
Notwithstanding this little nuance, let’s consider the plight of two hypothetical buddies from 1914. The first buddy, Caleb, stashes a $500 “rainy day” fund under the floorboards of his house – a roll of ten $50 Ulysses S. Grant dollar bills. The second buddy, Josiah, also stashes $500 under the floorboards – he walks into the neighborhood bank with ten $50 Ulysses S. Grant Gold Certificates and exchanges them for gold. Josiah then takes his gold and hides it under his floorboards.

Both buddies forget about their hidden stashes. Eventually, let’s say 2010, the respective heirs of these two long-deceased buddies happen to conduct simultaneous renovations of their respective residences. Caleb’s heirs find the ten ancient $50 bills. “How quaint,” they think to themselves. Josiah’s heirs find $32,172 worth of gold!

Thus, 98 years of history demonstrates conclusively that a blind monkey could have preserved the dollar’s purchasing power better than a Federal Reserve Chairman. Unfortunately, it’s tough to find a blind monkey who will take the job.

courtesy Eric Fry for The Daily Reckoning