Greece, in Today's News 02.25.10

Greece.  The Rothschilds and their underlings, such as George Soros, have made a fortune many times over in the run-up of the Euro. Now that they have exhausted all possibilities of more profit-making on this project, they are now ready to reverse the cycle and make more fortunes on a run-up of the dollar. 

How do they go about such an ambitious reversal? As always, the Cryptocracy's mode of operation is to create a crisis and then attempt to stampede everyone into supporting what they want. They can't reveal their real aims because the public would rebel, so they have to use secrecy, misdirection, and manipulation to achieve their goals.

The Cryptocracy followed true to form in the latest case. They picked a weak link in the world economy, Greece. Then they tightened credit enough to put Greece in a precarious situation. (This is a simple matter of refusing to grant any further loans to the country.) Then they instructed the media to begin a hysteria campaign about how the world economy is in danger because of a possible Greek default. When the world media and markets were convinced that a genuine crisis existed, the Cryptocracy through their various agents in banks, stock brokers, and investment trusts made a few key trades. This action was enough to convince the rest of the 'investment community' that a run on the Euro was about to begin. And viola', the dollar starts to rise.

Of course, if one knows all this is about to occur, one can make zillions. And so they are.

The Cryptocracy is able to get away with manipulations such as this because a false consciousness exists about how the world economy and politics works. This false consciousness will break at some point because it is so out of touch with the actual reality. Then life will become very interesting. Until then, the Cryptocracy is step by step accumulating the world's wealth and political power in their exclusive hands.

Greece, in Today's News 02.12.10

Greece. Where there is an economic crisis, one can be sure that the Cryptocracy is up to something. Such is the case in the current credit crisis in Greece.

Today's Wall Street Journal's feature page-one article is on the pledge of European nations to prevent a Grecian default. The WSJ terms it a watershed moment. "It was a watershed acknowledgement that the fiscal problems of one euro-zone country have now become the problems of all. That's a historic step for Europe in its 11-year-old experiment with a common currency. Until now, member countries had fiercely defended their sovereignty over taxes and spending..."

Now it just so happens that causing the Europeans to assert such authority is a long-standing goal of the Rothschilds and their ilk. This 11-year "experiment" has been a determined drive to create a European government that has sovereignty over national governments. Such an European entity is a decisive step towards the Rothschilds' hallowed goal of a world government.

And so, they did it. "Thursday's public show of support amounted to a tacit admission the currency bloc needs to address what critics [read Rothschilds] have long seen as its essential weakness: the absence of coordinated fiscal policies. Under the current system, the European Central Bank [controlled by the Rothschilds] has the power to set monetary policy for the entire 16-nation euro zone. But it has little influence over individual members fiscal policies." Now they do have that influence.

The process followed a familiar pattern. A crisis was created. In this case credit suddenly became hard to get for Greece. Greece was forced to concede that it might have to default. The various stock markets were then manipulated to act as if a momentous crisis was about to occur that would threaten the world economy. The media jumped in to build the hysteria over the-end-being-near. When the crisis was acknowledged as a genuine crisis, then the power players for the Cryptocracy stepped in with a plan that would save everything. Everyone, the media especially, breathed a sigh of relief.

In the meantime, no one seems to notice that Cryptocracy has accomplished their real aim of taking a step toward world government.

This Cryptocracy mode of operation of misdirection through crises in order to get their way, has been going on for some time. Sooner or later, those who have no inherent interest in the Cryptocracy will catch on. Only such consciousness of being defrauded will stop these Cryptocratic maniacs. 

Stock Market Decline, in Today's News 02.05.10

Stock Market Decline. Wall Street Journal page C1: "Dow [Industrial Average] Sinks to 3-month Low Near 10000."

It is always a mistake to see the stock market ups and downs as primarily a function of supply and demand, natural causes, etc.

The Rothschilds and others in the cryptocracy don't make their money through speculation in the market. They have always believed in making money through manipulation and usury. To them the stock market is merely a tool to influence the course of human events. 

The cryptocracy has manipulated the stock market from the beginning of the stock market age. The media covers it up and the volume of trade on the market would seem to preclude manipulation, but the truth is these families in the cryptocracy are extremely powerful, strong enough to influence the market to do what they want it to do.

So, it pays to look at the present politico-economic situation from the point of view of the cryptocracy.

The current drop in the stock market just happens to coincide with several setbacks for the cryptocracy. First was the dramatic disillusionment in their man in the White House, as shown in the Massachusetts election. Next, was the utter crash and burn of the health reform. This reform was a central goal of the cryptocracy and one of the purposes for precipitating the general economic crisis. And then, there is the cryptocracy's much desired reform of financial regulation putting more power in the Federal Reserve. This reform is stuck in congressional quick-sand, and is going absolutely nowhere. Even worse, their nominee to head the Fed, just barely squeaked through his election in congress.

All this means only one thing to the cryptocracy: it is time to deepen the economic crisis in the hopes of creating an atmosphere where their cherished reforms can be pushed through. This is the cryptocracy's primary mode of operation: create a crisis so that in the resulting emergency, they can obtain what they want from the government. 

Will it work? It is dubious that the health care reform can be resurrected in the short term. But their real aim is probably to get the Fed (which they own) empowered to regulate the entire economy. Obama himself is also making a valiant effort to regain his stature. He even went to a prayer-meeting, of all things!

In the meantime, the entire population suffers. Every person now knows of someone or family that is in a crisis because of the economy and the machinations of the cryptocracy.

And not a word from the leaders of Catholicism. It's almost as if they don't live in the real world of today.

World Government, in Today's News 01.27.10

World Government. Ensuring that national banks act in a unified international manner on bank reform and thereby move toward world government that would dictate such action, is the order of the day at the Davos, Switzerland conference this week.

The Institute of International Finance, an influential organization that represents the Rothschild interests and speaks for international banks and other financial institutions, made clear on the eve of Davos, according to the Wall Street Journal, that "go-it-alone moves by governments to regulate big banks are in danger of fragmenting the global financial system."

Independent regulatory action by nations is a matter of great concern to the Rothschilds and other owners of the world's wealth because 1) it mucks up the wealth production of these families, and 2) it is a step away from the over-riding aim of developing a world government. The Rothschilds and their cohorts are therefore making a big push at Davos.

William Rhodes of Citigroup and a leading figure in the IIF revealed the frustration with lack of international coordination: "Almost every day now, we are seeing policy decisions and announcements that are not being coordinated and have the potential of doing systemic damage."

The IIF "reiterated past warnings that regulators should be aware of the cumulative costs of all their separate initiatives...which could combine to constrain bank lending" (WSJ) and thereby constrain bank profit-making from bank-lending.

As the discerning can see, world government is a matter of economic necessity for the world bank owners to ensure a ever-growing rate of profit. Moving in the direction of this world body is a matter of some urgency. Rhodes "said it was important to move quickly lest momentum for change was lost..." 

In general the world wealth owners are looking to the G-20 organization to be the genesis of their world government. The G-20 is an international coming together of representatives of the 20 largest economies. The Rothschilds and others are working hard to encourage the G-20 leaders to transform themselves into a world governing body for economics. Already some steps have been taken by the G-20.

The IIF is looking to the Davos conference to be a stepping stone to the next G-20 meeting in November. Rhodes stressed that the Davos group needed to implement guidelines by the time of the G-20 conference. Rhodes, "That will be a test of the whole G-20 process."

Various political commentators seldom speak of the possibility of world government. But the process continues. Step by step, the Rothschilds and their friends are moving to establish their world governing body (read dictatorship). Someday we will wake up and there it will be.

Economic Crisis, in Today's News 01.22.10

Economic Crisis. The Obama administration proposed new limits yesterday on the size and activities of the nation's largest banks with the aim of reducing high-risk investing, and as a result the stock market crashed and the Wall Street Journal has a four-column page one headline today.

But, there is nothing new here. This type of proposal has been a central cryptocracy goal from the beginning of the economic crisis. Just last week Paul Volcker, who was present when Obama made the proposals, called for breaking up banks that do traditional banking and high-risk investing. Volcker is a prime spokesperson for the Rockefeller and Rothschild interests.

The cryptocracy is risk-adverse. They much prefer to set things up so that their wealth-production goes smoothly. They are willing to manipulate any and all factors to assure their profits are not at risk.

The cryptocracy therefore is not too happy when some of the key institutions that they use to control the nation's economy engage in investing activities that have the possibility of undermining the institution (read bank). They have been working for a couple of years now to find a way to prevent the banks from such high-risk investing.

The banks on their part resist because the high-risk investments can result in high-reward profits, which in turn mean big incomes for the bankers. 

The cryptocracy appears to have had enough of this nonsense. They are doing their best to change this situation. They want to reduce the high-risk investing and trim the bonuses and high salaries that create an incentive to do the high-risk activities.

The impression is given that the new proposals are more of Obama's heavy hand. But, he is only doing what he is told. That the cryptocracy is pushing this change so persistently and loutishly gives an indication of how seriously they think the situation is. They are very, very serious about there being no threat to their wealth.

Bank of America, in Today's News 12.03.09

Bank of America. The Bank of America was one of the central targets of the cryptocracy when they precipitated the economic crisis. From the beginning, enormous pressure was put on the BoA to change their ways and, in particular, to get rid of Kenneth Lewis, the chief executive officer.

One can only speculate on why the BoA was put in this position. It may have something to do with the fact that the BoA, a central and mammoth financial entity, is not one of the big stock-holders in the privately-owned Federal Reserve. And thus, the Rothschilds had a somewhat reduced ability to control the BoA through their machinations in the Federal Reserve.

Whatever the motivation, the cryptocracy succeeded in forcing Lewis to resign. 

The task then became to find a CEO to run the BoA, who would be an exclusive Rothschild man. And here the cryptocracy was hoisted on its own petard. They had gone to great lengths to limit and reduce the salaries of some financial companies, particularly BoA, in an effort to pressure the companies to better toe the line. But now, the salary-limitation rules got in the way of hiring the new BoA CEO. There simply was not enough money to attract the candidates they wanted.

What to do, what to do? Again, it was simple for cryptocracy. Just change the rules. Today, it was announced that the BoA was the first financial institution to reach agreement with the government to repay the bailout money and escape the pay restrictions imposed by the government.

Amazing, isn't it? The cynicism of these people defies definition. 

Government-Controlled Economy, in Today's News 10.28.09

Government-Controlled Economy. The great Rothschild power grab, otherwise known as the economic crisis of 2008-09, continues its audacious program of theft. 

Now they are on the verge of Congress giving power to the Federal Reserve System to police the country's largest financial companies, including the ability to seize and break up failing companies, and to order large firms to shrink.

Rothschild agents and front men were instrumental in the formation of the Fed early in the last century. The Rothschilds attained predominant control of the Fed decision-making then and they have not relinquished it since.

The Fed is a private organization that is owned by the largest banks which are in turn owned by the Rothschilds and others of their ilk. The Fed tries to present itself as a government agency because the Fed director is appointed by the President and approved by Congress. But the government has no shares in the stock of the Fed. The Fed's decision are strictly in the interests of the families which own it.

The economic crisis was precipitated by the bank owners with the aim of transforming the American economy into a government-controlled economy with the Fed as the principle instrument of the government. Soon after the crisis began the Fed sought to reform the entire financial regulatory arrangement in the economy to give the Fed the central and pivotal role. When this effort became stalled in Congress, the Fed just reread their own rules and decided they already had the power to oversee the banking sector.

Now the Fed is striving to attain even greater powers. The legislation under review would give the Fed the power to direct any large financial holding company to sell or transfer assets or stop certain activities if the central bank determined there could be a 'threat to the safety and soundness of such company or to the financial stability of the United States.' The proposal would also require financial firms to pay for the unwinding of a collapsed competitor.

The Obama administration has taken significant steps toward consolidating a government-controlled economy. The Obama people have done their best to meet the Fed demands. They have made unprecedented forays into major corporate entities, such as General Motors. They have established various 'czars' to oversee aspects of the drive to a planned economy, including a pay czar who decreed unilaterally and without appeal that bank salaries were to be cut drastically.

The Rothschilds and the other families and forces at the pinnacle of world power are intent on changing the American economy into a centrally-controlled economy under their iron fists. They show no signs of relenting until they get their way. And everyday the American economy looks more and more like a soviet economy in formation.

The Rothschilds already control the central economic units in the United States through their agents on the boards of directors. Now they are looking to have the ability to step in and rearrange the corporate world at their whim.

The ultimate aim is to create a world-wide fortune-creating machine under the control of the Rothschilds with the world's population serving as the wage slaves under tight control. They are well on their way to achieving their goals.

The Rothschilds' constant effort to rule the world is the most important development in the world today and for the foreseeable future. Anyone who is seriously trying to preserve and promote what is good and righteous in the world, must start their considerations with the reality of the Rothschild drive to control the world. One's appreciation of any event in world politics must start from the context of what the Rothschilds are trying to do.

And so we come back to the Church. The teachings of Jesus are the only antidote to the world of mammon promoted by the Rothschilds. But those teachings only have a minimal effect if the Church leaders and hierarchy do not comprehend what is happening to the world, and how the Rothschilds plan is an extreme danger to the Church and the faithful.

The Pope is about to have his third synagogue spectacular when he visits the synagogue in Rome. Such actions play right into the hands of the Rothschilds. The actions enable the Rothschilds to proceed with their grand plan with minimal opposition, and especially without the opposition of the one power in the world that can stop them -- the power of the Savior.

Were the Church leaders and hierarchy to orient the Catholic world toward establishing the world rule of the teachings of Jesus, the world would look very different, and the Rothschilds would have met their potential nemesis. There was a time not too long ago when the Church leaders attempted to bring the world to an understanding of the way of Jesus as the only means of saving the world and the world's population. 

There is no higher priority than bringing the Church leaders back to this orientation.

World Government, in Today's News 06.20.09

World Government. The cryptocracy keeps trying to take a decisive step toward world government. Any little step would be okay by them. All that is needed is for some agency to be given authority over individual nations. 

The primary obstacle for the cryptocracy is what they see as provincialism. It is particularly galling to the cryptocracy when their own employees exhibit such provincialism, as in today's case. 

Yesterday the European Union tried to set up a European Systemic Risk Council. This group would assess financial entities. The goal was for the Risk Council to make financial-sector rescues of companies in any European country deemed to be a risk to the EU economy. Such power is exactly what the cryptocracy was looking to establish.

It didn't work out that way. Yet. WSJ: "But, largely due to pressure from the United Kingdom, the body [the risk council] would only be advisory. Final decisions on financial-sector rescues would rest with the national governments called on to fund them."

Quite a disappointment, especially when the pressure to water down the proposal came from Rothschild-land, the United Kingdom.

But all is not compromised. French President Nicolas Sarkozy: "We've created a new EU institution from scratch...We could have gone further, but I believe that it will widen [its powers] through experience and practice, the way it's always happened." The WSJ comments, "EU institutions and policies have often begun small and gathered powers over time."

Ah yes, the cryptocracy in action. They just keep working the system until they get what they want, all the while never telling the public what the ultimate goal is.

POSTSCRIPT, 06.21.09.  An alternate explanation for the above is that the Rothschild interests were worried about continental Europeans, who the Rothschilds have less confidence in, interfering in the Rothschild-English-banking empire via the Risk Council. Thus Rothschilds  decided to hold off on empowering the Risk Council until they are better assured that it will be in their control and work in their interests.

The real explanation may be something else. Who knows? The cryptocracy secrecy makes it difficult to know. The main point, however, is that a key step toward the world government was delayed.

Finance Reforms Pared Back, in Today's News 06.09.09

Finance Reforms Pared Back.  WSJ: "The Obama administration is backing away from seeking a major reduction in the number of agencies overseeing financial markets...suggesting that the current alphabet-soup of regulators will remain mostly intact."

Well, what do you know? The bureaucracy wins!!!! One of the cryptocracy's key mandates to the Obama administration was to reform the regulatory world that watches the financial industry. The goal was to centralize the work of various agencies through the privately-owned Federal Reserve, which would give the world's richest families (starting with the Rothschilds) the ability to regulate themselves. This was their great dream, nirvana in fact, and they precipitated the economic crisis to create an atmosphere to accomplish this dream among others.

And the existing bureaucratic apparatus set-up by the cryptocracy becomes an obstacle to the new cryptocracy plans. Priceless!!! "The [administration's] decision is partly practical and partly political...Officials worry that trying to start [the reform process] from scratch could ignite messy turf battles that might slow or even derail the entire process." Never underestimate the staying power of an entrenched bureaucracy!!!!

"But sidestepping a major regulatory restructuring could spark criticism that the administration has missed a once-in-a-lifetime chance."

"'History shows that opportunities for real reform are short-lived,' Federal Reserve Governor Daniel Tarullo, who has close ties to the White House, said in a speech on Monday. 'Momentum can too easily be lost, and the return of better times too easily leads to complacency.'"

In other words, the Obama administration blew it, and now it is too late. The economic crisis was for naught in regard to regulatory reform.

The Obama administration tries to save face: "Rather than seeking additional consolidation, the administration's plan now appears to be focused on setting up new rules for containing risk."  

There are some gains for the cryptocracy: "The Federal Reserve will likely emerge stronger, gaining power to oversee companies, financial products and industry practices that might pose systemic risk."

It must be frustrating for the owners of the world's wealth. They control so much and yet they still have to work through unreliable political operatives. Here they bought and paid for and trained Obama and gave him a unique opportunity, and still he couldn't bring home the bacon. Again: Priceless.  

Citigroup & Bank of America, in Today's News 06.05.09

Citigroup and Bank of America.  Boy, it sure doesn't pay to get on the wrong side of the owners of the world's wealth-generating machine. They are relentless and without conscience. Ever since the beginning of the economic crisis, a campaign has been waged against Citigroup and its chief officer Vikran Pandit, and against Bank of American and its chief officer Kenneth Lewis. Today's news shows that the campaign is far from over.

(Why these two banks have been targeted remains murky. The cryptocracy is the CRYPTocracy because secrecy is its mode of operation and it never reveals its true aims to the public. Perhaps in these cases, one group of families is trying to make a grab for the banks by changing the executive structure to better reflect the families' interests. Who knows? In contrast Jamie Dimon, the chief officer of JP Morgan Chase & Co seems to be blessed and can do no wrong. He and his bank face no campaign to get them whatsoever.)

Citigroup. WSJ: "The Federal Desposit Insurance Corp. is pushing for a shake-up of Citigroup Inc.'s top management, imperiling Chief Executive Vikram Pandit, people familiar with the matter said." Moreover, Sheila Blair, Chair of the FDIC recently pressed a fellow regulator to the lower the government's confidential ranking of Citi's health. And moreover, "Federal officials have reached out to Jerry Grundhofer, the former U.S. Bancorp CEO who recently joined the Citigroup's board, to gauge his interest in the top [Citigroup] job..."  

Citigroup can't catch a break. The powers-that-be are still out to break Citigroup despite the bank's extensive efforts to shrink the bank and clean up any perceived problems. Citigroup even performed better than expected on the Federal Reserve's (read Rothschild's) 'stress test.'

One complication for Pandit is his wild battle with Blair over Citigroup's failed effort to buy Wachovia Corp. It took a while for Pandit to realize he can't win such a battle. He sought to smooth things over, but it looks like his gesture is too late.

Bank of America. "Bank of America Corp. Chief Risk Officer Amy Woods Brinkley and director Robert Tillman are leaving the bank amid a U.S.-mandated review, casting the spotlight once again on the government's role in decision making at the lender." Moreover, the House Committee on Oversight and Government Reform will hold a hearing, summoning CEO Lewis to testify. "People familiar with the [congressional] probe have said investigators are focusing on possible discrepancies between Mr. Lewis's public statements, his testimony to New York Attorney General Andrew Cuomo and what he told Bank of America's board." And moreover, "...federal regulators are pressuring [Bank of America] to improve its governance and management following a recent stress test showing a need for $33.9 billion in new equity as a buffer against future loses."

If Kenneth Lewis hasn't received the message yet that the cryptocracy is out for his scalp, he better learn fast.  It looks like the dogs of war have been called out to go after Lewis and the BoA.

If all these machinations remind anyone of the behavior in the Soviet Union's leading circles, their recollections are correct.  The Obama administration, carrying out the mandate of the cryptocracy, has taken giant steps to establish a government-run economy, very similar to Soviet Union.  Individual corporations, be it banks, auto companies, or insurance companies, are no longer free to govern themselves.  All major decisions now have to meet the approval of the government's central planners.  (In this regard the Obama administration today announced they are about to appoint a pay Czar, a "Special Master for Compensation.")

The American public, whether they know it or not, now finds itself in a totally new reality.  Soviet-style bureaucracy and central planning are now an established part of American life. 

Merkel Blasts Fed, in Today's News 06.03.09

Merkel Blasts Fed.  Today's WSJ features a major front-page headline "Germany Blasts 'Powers of the Fed.'"  From the article, "German Chancellor Angela Merkel, in a rare public rebuke of central banks, suggested the European Central Bank and its counterparts in the U.S. and Britain have gone too far in fighting the financial crisis and may be laying the ground work for another financial blowup." 

Actually, Merkel is mainly critical of the Fed and the British central bank.  "Ms. Merkel's critique jibes with statements from Axel Weber, the head of Germany's Central Bank and a member of ECB's 22-person Governing Council."

If ever there was an employee of the Rothschild's, Merkel is it.  So when a Rothschild key player attacks key Rothschild entities (the central banks), one might wonder what is going on.

On one level, there is not much going on.  It is a simple dispute about which tactics best serve the master family.  Merkel likes her German central bank (also controlled by Rothschild) and is here tooting its horn, as she is sometimes wont to do.  This is not the first time she has expressed these sentiments, but for reasons best known to the WSJ, the WSJ chose to feature her remarks today.

On another level, things get more interesting.  Merkel, in the past, has been a strong advocate for a world-wide central bank and centralized banking regulations. Merkel's critique merely poses a problem that requires an answer.  Is the world to have different national banks with different policies?  Is there no way to resolve such differences?  And the answer is: Well, yes there is, if we only had a world central bank to set policy and resolve disputes, and to make the world a better place.

The propaganda never ends.  The Rothschild interests and others will keep it up until they get what they want.  The world is now at the first stages of the creation of a world government, world banking, and a world currency.  Quite a bit more of preliminary activity is still required, but those who favor world government are helping lay the basis for the change by presenting the need for world government at any opportunity.

POSTSCRIPT 06.05.09.  Rothschild employee Bernanke, Chairman of the American Federal Reserve, made remarks to Congress on the need to reduce the federal deficit one day after Rothschild employee Merkel's remarks discussed above. Taken together the remarks seem to indicate a change of emphasis by the world's ruling families.  Gone are the days of freely generating money, throwing it at every 'problem' available, and piling up unprecedented debts.  Many of the goals that the ruling families wanted to pursue during the economic crisis have been accomplished.  Now is the time, therefore, for a little fiscal restraint, moderating the money-generation machine, and cutting costs.  Merkel and Bernanke often speak first on the desires of the ruling families, and so they have done here.

in Today's News 05.30.09

1.  Pakistan (yet again).  WSJ headline:  "Refugee Crisis Infames Ethnic Strife in Pakistan."  From the article: "The refugee influx to Karachi has inflamed murderous ethnic rivalries that have simmered in Pakistan's biggest city for years...This strife in Karachi adds a new dimension to the security crisis that threatens the survival of President Asif Ali Zardari's democratically elected administration, possibly Pakistan itself, as law and order collapses and militants spread south from their mountain bases."  (Emphasis added.)

One could be justified in asking if the United States knows what the hell it is doing. Here we have a country (Pakistan) that is critical to the security interests of the USA and Israel, because of Pakistan's nuclear weapons and because of the Taliban. Yet the USA has forcefully pushed the Pakistan government to take actions that have produced Pakistan's most fundamental crisis ever, including a refugee surge that is almost without precedent in the world.  And most amazing of all, having created the crisis, the USA seems to be taking a hands-off approach to the refugees and the crisis.

So, what gives?  Can the USA possibly believe that out of the chaos the USA can establish a government more in its interests?  If so, the USA policy makers are living in more of a dream world than was previously considered.

Or do the policy makers think they can defeat the Taliban before the government collapses?  If so, dream on.

In short, the USA now faces the potential loss of Pakistan which would be a foreign policy set back of gargantuan proportions.  If the USA is doing anything about it, they are keeping it a tight secret.

2. Bond Market.  WSJ:  "Yields for 10-year Treasury notes have risen 1.5 percentage points this year as bond traders pull back on a market awash in federal debt...'Clearly, the message form the bond market increasingly is structural deficits as far as the eye can see just aren't going to wash without bond yields going up to levels that might keep us in recession,' said Ed Yardeni of Yardeni Research Inc."

Ah yes, here we have the market forces creating a new situation.  I mean, really, give me a break.  As always the media fails to take into account that there are enormously wealthy families, starting with the Rothschilds, who have the power and wherewithal to control and manipulate markets.  When a change like the increase in yields occurs one can assume these families are involved.

So, how would they benefit from this change?  Well, with all this debt floating around, some of which is tricky, the people that hand out the loans want more return.  And more return means more income.  Wealth accumulation again.

It is interesting that these families created the crisis that generated the need for all the debt, and now they want increased yield on the debt they created. Chutzpah!!

in Today's News 05.14.09

The New Government-Controlled Economy.  (WSJ) "Federal regulators outlined plans to regulate the giant market of derivatives, a moved aimed at avoiding a repeat of the turmoil created last year by certain financial institutions whole risk-taking in exotic financial instruments went largely unchecked."  (Emphasis added.)

Here we have one of the keys to the crisis.  The Rothschild's and others like them seem to be agitated that financial entities not under their exclusive control were able to influence the market.  They are now making sure that doesn't happen again.  In tune with the theme of the measures taken by the Obama regime, the government is now setting up regulations that will enable the cryptocracy to control financial groups that may affect the market adversely.  The thrust of the new regulations is to make sure that the ruling financial families do not have to endure risk to their fortunes and investments.  

But, there is a little bit of camouflage going on here.  The economic crisis was brought about by banks under the control of the cryptocracy making huge numbers of mortgages that they knew perfectly well would never be repaid.  The big banks then sold these mortgages to 'certain financial institutions whose risk-taking...went largely unchecked.'  These institutions were caught off guard and brought to their knees when the big banks tightened credit to precipitate the economic crisis. 

So, to some extent what is happening with these new proposed regulations is a blaming of some of the victims (albeit some pretty big and influential ones) for the problem.  

Nonetheless the cryptocracy has spotted a weakness in their control mechanism that has to be corrected:  bring under supervision and restraint 'certain financial institutions' that could potentially affect the market negatively.

  

The Current Economic Crisis

The first thing to recognize about the current economic crisis is:  the owners of the banks want it to occur.  Second:  the severity of the crisis corresponds to the severity of the revolutionary changes that the same owners intend.

Most human beings will do most anything to avoid crises.  Not so the Rothschilds and their Judaic fellow owners of the world's central banks. They love crises.  And they purposely create them.  Why?  Crises present manifold opportunities to increase their wealth.  Crisis-type conditions also make it possible to more easily influence governments to make drastic societal and economic changes.  In ordinary stable times such changes would take years or even decades.

The current crisis was precipitated to mark a definitive transition to governmental control of the American economy, to further consolidate the super-wealthy's control of the world economy, and to take giant steps toward the establishment of a world government and bank.

Prior to the crisis the banking industry had made colossal profits in the mortgage business.  The Clinton administration cleared the way for the banks to issue all manner of mortgages without regard to the mortgagees ability to repay their loans.  The mortgage business expanded into boom conditions.  The game went like this: the banks collected on a stupendous number of new mortgage payments, then bundled the mostly worthless mortgages together and sold them to hedge funds, various investment funds, entrepreneurs, enterprises, and other suckers. The bank owners thus made a huge pile of money at little or no risk. When the banks finally reached the point where they could no longer find buyers for their bundled mortgages, the bank owners precipitated a societal crisis to force the public to pay for the remaining non-earning loans on the banks' books.  A descriptive word for this scheme is 'extortion.'

The bankers' crisis was precipitated under the banner of loans gone bad.  Not mentioned by the media is the fact that the bankers made the loans knowing full well that the loans would not be repaid.  And knowing full well that they (the bankers) intended to dump the deficit on the public.

To ensure that the loans were not repaid and to initiate the crisis the bank owners instructed their governing boards to tighten credit.  The loan business suddenly became very restricted.  (The media of course never inquired as to why credit was tightened, they just reported the 'facts' of tightened credit.)  The unavailability of credit reverberated around the world purposely causing one of the worst situations since the great depression.

The entire world economy is now being held hostage to the bankers demands for a government-sponsored "bail-out."  Up til now the government has been unable to comply by taking over all the loans, preferring instead 'stimulus' plans, etc.  And so the bankers continue to hold the market in thrall until they get their way, at a cost of trillions to the world's population.  

If the United States government agreed to take over all the bad loans, the crisis would end tomorrow.  It's not that the government doesn't want to take over the loans.  They ardently want to please their masters.  The problem is the amount of money required is so large (and basically would be thrown away), that the government officials can't see a way to to take over the loans without arousing significant social protest. The Obama administration's latest plan for a public-private cooperation to buy the loans is pure smoke and mirrors.  Many believe that it won't work and it may not even make it off the drawing board.  National governments everywhere are scurrying around trying to find some way to ignite their economies.  The central issue, though, remains that there is a mass of mortgages that are worthless.

In short, the bankers have created a nearly insolvable situation of world-wide proportions.  The resulting long-term disruption meets the bankers needs because it provides opportunities to make major changes that serve their interests. 

Greed and wealth accumulation lead inexorably to the will to control.  World wealth of unimaginable proportions leads to world power and control.  Ultimately the goal of the wealthy has to be a world apparatus to exercise that power and control -- a world government and banking system.  There can be no doubt that the world's superwealthy are planning and scheming to bring this government into existence.  (They would be stupid not to, and they are not stupid.)  

The current crisis is about those schemes.  World government is not an immediate possibility, but this crisis is designed to establish the prerequisites.  The rulers have their own secret timetable for their world government objective, but this crisis tends to indicate that they are in a hurry, unwilling to let things develop slowly and semi-naturally.  

Here are some broad categories of their accomplishments in recent months:

Installed a new regime in Washington that has a program for change in accord with the bankers' objectives.  The motif of the Obama presidency seems to be a massive increase in government, from regulation of the economy to health issues to every pork project known to congress.  This expansion fully corresponds to the desires of the world government advocates. Control of factors influencing accumulation and preservation of wealth means ultimately control of the population in a minute manner.  Obama's expanded government leads directly to greater and greater interference in people's lives.  

Obama was groomed for this role for many years, principally by the Pritzkers, one of the world's richest families.  They identified him early as a potentially useful individual, and subsequently opened many doors for him.  His election was well-planned and supported by the world's most wealthy families.   

Established the precedent that the government will dictate policy to business entities.   The Obama administration has labored mightily to ensure that the American economy is under the control of the government central planners.  Entities that don't follow the central directives are made to feel immediate pressure and pain.  Banks are now seized if they don't measure up to the Obama standards.  The long-established leaders of General Motors were forced out in order to receive "bail-out" money.  And so it goes.  If a business doesn't fit the plan, then they are forced out of business or forced to accept new approved leaders.  The American economy is now at the initial stage of becoming a centrally-planned economy, not unlike what the Soviet Union ultimately planned for their state-run economy.

Consolidated and centralized the banking industry.   The banking and investment sector has been radically changed during the crisis. Unbeknownst to mere mortals, the bank owners evidently had big worries about these instruments.  In many ways the crisis was created to makes changes that have resulted in consolidated and concentrated banking power in the hands of the central owners. Several brokerage and investment firms have been eliminated: Lehman Brothers, Bear Stearns, Merril Lynch.  The bank owners also decided that the investment bank prototype was a bad idea for reasons best known to the bank owners.  Even Goldman Sachs, the super-star investment bank, had to cease being an investment bank and transform itself to a normal bank.  Also changed was the one-stop omnibus bank-brokerage that was created only a decade or two ago.  Citibank, a prime example, has been under ferocious attack during the crisis and is barely hanging on.  The central message to Citibank and others of its type is pretty clear: reform or die, dump the omnibus bank character and concentrate on the bank owners priorities and plans.  

Increased federal regulation of the economy under bankers' control. The Fed has taken on greatly expanded responsibilities.  Three months into the Obama regime and already they are implementing the most fundamental reform of the federal economic regulatory universe since the great depression.  The proposed new framework empowers the federal reserve with far-reaching powers and for the first time a regulatory role.  This development is unprecedented because the Federal Reserve is not a federal agency.  It is a private enterprise that is owned by several banks that are in turn owned by the Rothschilds and other wealthy familiies and individuals. 

The Obama reform gives the Rothschild's and other rich families almost direct and exclusive control of the American economy.  

Another of the reforms is an attempt to place hedge funds under control of the federal regulators to ensure that these newly well-endowed entities (that may not be under direct banker control) do not gain to much influence in the economy and in Washington.

Most recently a campaign has been mounting for the creation of a world currency, or as they say, special drawing rights.  The Russians and the Chinese both called for a new currency as a way of tweaking the United States.  Both, however, played right into the hands of the world bankers who are actively planning for just such a currency.  Consequently the United States and European leaders have indicated sympathy with such a possibility.

A framework for international bank regulation has been set in motion.  The Rothschilds in particular have invested great effort in the last century or two into forming and controlling central national banks that can control economies, currencies, and governments. All this was preparatory to today's world economy. The Rothschilds and their allies are now ready to establish a world bank and government.  A world currency would go with the deal.

The current crisis is designed to demonstrate the need for such an entity.  There's nothing like a world crisis to prompt the call for a world bank and regulatory system.

The response was not long in coming.  German Chancellor Merkel has taken the lead in calling for a world banking regulatory system.  Other west European leaders chimed in.  Various world meetings are now considering what steps can be taken. Currently the Europeans, who more directly reflect the Rothschild interests, are lecturing the Americans to get on the international banking system reform bandwagen, and de-emphasize the stimulus approach.

Whether this crisis is deep enough to provide for the world bank or whether they will have to settle for some intermediary steps, remains to be seen.  In the meantime, the existing World Bank and International Monetary Fund have been strengthened with increased assets and responsibilities. The IMF financial capacity was increased by one trillion dollars.  The IMF in turn has called for the adoptionof global financial rules. Each individual nation as well has been making regulatory reforms which give more concentrated and centralized power to Rothschild and company.

Rationalized the auto industry.  For years and years the bank owners have tried to force General Motors, Chrysler, and Ford to drastically cut costs for medical coverage, retirement, and wages. (The billions of dollars spend on present and past auto workers really grates on the bank owners.  All that money could be going into the bank owners' dividend checks.) The bank owners have made some success reducing these costs, but it is hardly enough to satisfy the bankers.  

The crisis which has caused sales to evaporate and dropped the stock prices to levels of the 1950s has finally given the bank owners the opportunity to realize their long-held goals.  

The Obama administration has responded to the bank owners demands by creating an auto industry task force (complete with an "auto tsar") to push ahead with restructuring the auto big three.  The administration is also making available mega-bucks to the auto makers as an inducement to cooperate.

Most recently the fangs of the bank owners began to show when they removed the General Motors Chief Executive Officer and proceeded to plan the division of GM and Chrysler into "good" and "bad" enterprises.  The purpose of this division is to put all the health and retirement costs in the bad unit which is designed to fail.

Disaster-proofed several key institutions.  The bank owners were evidentally greatly concerned that they would be stuck with the bill for any failed financial enterprises, most particularly Fannie Mae and Freddie Mac.  The Obama administration has worked feverishly to comply going to extent of engineering a federal take-over of both entities.  

Cleaned house in banks and central corporations.   The bank owners have used the crisis to conduct a thorough house-cleaning among their hired leadership personnel.  The top ranks of banks and central corporations have been trimmed, revamped and disciplined through outright firings and elimination through mergers and acquisitions  

Dumping under-performing leaders isn't always easy -- it requires making an unchallengeable case and carrying through which costs money, time, and effort. Much easier is to just let a crisis produce the need for quick and abrupt changes. 

Conditioned mass psychology that there is nothing the average citizen can do about crises.  Perhaps the biggest change the crisis has brought about is the change in mass psychology.  What Michael Hoffman calls the cryptocracy is always working to condition the human population to accept without protest their assigned robot-like role.  The crisis has presented a unique opportunity to accelerate this process.

The general idea is to instil the idea that what happens in the economy is just a natural outcome of market conditions and the development of the economy.  Its all out of the control of any force or person.  As a consequence the programmed public response is to shrug their shoulders, assume nothing can be done, and persevere.  Grumbling is allowed, but any attempt to change things is either coopted by one of the political parties, or prosecuted.

Acceptance of this frame of mind has spread as a result of the crisis.  

To big to fail.  The bank owners have campaigned to ensure mass acceptance of the idea that some businesses are just too big to fail; that the economy as a whole would unduly suffer if such and such business went under.  They have succeeded in great measure, as the notion now seems to have wide acceptance.  

The theme, of course, is a fraud.  It is nothing more than welfare for the rich.  The owners have convinced mass opinion that protection of the owners' profits must be insured; that any and all steps by the government are permissible.  

Vastly increased the wealth of the bank owners.  Finally it goes without saying that the super-rich made a killing in this crisis.  Or as zillionaire and Rothschild acolyte George Soros said, "I'm having a very good crisis."  Making money is fairly easy when you know what is going to occur.

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Final note.  The foregoing list of changes is a good indication of why the Rothschilds and others managed Obama's election.  Only an Obama with his unique qualities could pull off the desired response to the crisis.  McCain would not have had the authority to make such revolutionary changes.

Final note regarding the Church.  The fact that the bank owners could make all these changes with minimal social resistance is not a good omen.  The bank owners can only be encouraged to try still more revolutionary changes to install their dreamed-of world political regime.  

Worst of all the Church has had nothing useful to say throughout the crisis.  All the Vatican could come up with were platitudes about how greed is bad and how the poor should be remembered in solving the crisis.  Such platitudes do almost nothing to help the victims of the crisis (which includes the Catholic faithful) understand what caused the crisis, who is responsible, and what can be done about it, both spiritually and temporally.

The Church failure to respond to the crisis is astounding.  The past year has seen revolutionary societal and economic changes that are among the most significant in the modern world's history resulting in qualitatively expanded power and wealth for the Rothschilds and their ilk.  These people are not friends of the Church founded by Jesus Christ.  One of their deeply held aspirations is to bring about the destruction of the Church's influence.  

The Vatican has been oblivious to all this.  In the face of one of the biggest crises in the last few hundred years, the Church leaders just go along in a business-as-usual mode providing little guidance or leadership to Catholics and the rest of the world's population.  It would be difficult to find a more apt example of bureaucratic indifference and inertia.