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Who Runs The World? Solid Proof That A Core Group Of Wealthy Elitists Is Pulling The Strings
http://www.worldviewweekend.com/ ^ | January 31, 2013 | Michael Synder

Posted on 01/31/2013 9:35:54 AM PST by B4Ranch

Does a shadowy group of obscenely wealthy elitists control the world? Do men and women with enormous amounts of money really run the world from behind the scenes? The answer might surprise you. Most of us tend to think of money as a convenient way to conduct transactions, but the truth is that it also represents power and control. And today we live in a neo-fuedalist system in which the super rich pull all the strings.

When I am talking about the ultra-wealthy, I am not just talking about people that have a few million dollars. As you will see later in this article, the ultra-wealthy have enough money sitting in offshore banks to buy all of the goods and services produced in the United States during the course of an entire year and still be able to pay off the entire U.S. national debt. That is an amount of money so large that it is almost incomprehensible.

Under this ne0-feudalist system, all the rest of us are debt slaves, including our own governments. Just look around - everyone is drowning in debt, and all of that debt is making the ultra-wealthy even wealthier. But the ultra-wealthy don't just sit on all of that wealth. They use some of it to dominate the affairs of the nations.

The ultra-wealthy own virtually every major bank and every major corporation on the planet. They use a vast network of secret societies, think tanks and charitable organizations to advance their agendas and to keep their members in line. They control how we view the world through their ownership of the media and their dominance over our education system.

They fund the campaigns of most of our politicians and they exert a tremendous amount of influence over international organizations such as the United Nations, the IMF, the World Bank and the WTO. When you step back and take a look at the big picture, there is little doubt about who runs the world. It is just that most people don't want to admit the truth.

The ultra-wealthy don't run down and put their money in the local bank like you and I do. Instead, they tend to stash their assets in places where they won't be taxed such as the Cayman Islands.

According to a report that was released last summer, the global elite have up to 32 TRILLION dollars stashed in offshore banks around the globe.

U.S. GDP for 2011 was about 15 trillion dollars, and the U.S. national debt is sitting at about 16 trillion dollars, so you could add them both together and you still wouldn't hit 32 trillion dollars.

And of course that does not even count the money that is stashed in other locations that the study did not account for, and it does not count all of the wealth that the global elite have in hard assets such as real estate, precious metals, art, yachts, etc.

The global elite have really hoarded an incredible amount of wealth in these troubled times. The following is from an article on the Huffington Post website...

Rich individuals and their families have as much as $32 trillion of hidden financial assets in offshore tax havens, representing up to $280 billion in lost income tax revenues, according to research published on Sunday.

The study estimating the extent of global private financial wealth held in offshore accounts - excluding non-financial assets such as real estate, gold, yachts and racehorses - puts the sum at between $21 and $32 trillion.

The research was carried out for pressure group Tax Justice Network, which campaigns against tax havens, by James Henry, former chief economist at consultants McKinsey & Co.

He used data from the World Bank, International Monetary Fund, United Nations and central banks.

But as I mentioned previously, the global elite just don't have a lot of money. They also basically own just about every major bank and every major corporation on the entire planet.

According to an outstanding NewScientist article, a study of more than 40,000 transnational corporations conducted by the Swiss Federal Institute of Technology in Zurich discovered that a very small core group of huge banks and giant predator corporations dominate the entire global economic system...

An analysis of the relationships between 43,000 transnational corporations has identified a relatively small group of companies, mainly banks, with disproportionate power over the global economy.

The researchers found that this core group consists of just 147 very tightly knit companies...

When the team further untangled the web of ownership, it found much of it tracked back to a "super-entity" of 147 even more tightly knit companies - all of their ownership was held by other members of the super-entity - that controlled 40 per cent of the total wealth in the network. "In effect, less than 1 per cent of the companies were able to control 40 per cent of the entire network," says Glattfelder. Most were financial institutions. The top 20 included Barclays Bank, JPMorgan Chase & Co, and The Goldman Sachs Group.

The following are the top 25 banks and corporations at the heart of this "super-entity". You will recognize many of the names on the list...

1. Barclays plc 2. Capital Group Companies Inc 3. FMR Corporation 4. AXA 5. State Street Corporation 6. JP Morgan Chase & Co 7. Legal & General Group plc 8. Vanguard Group Inc 9. UBS AG 10. Merrill Lynch & Co Inc 11. Wellington Management Co LLP 12. Deutsche Bank AG 13. Franklin Resources Inc 14. Credit Suisse Group 15. Walton Enterprises LLC 16. Bank of New York Mellon Corp 17. Natixis 18. Goldman Sachs Group Inc 19. T Rowe Price Group Inc 20. Legg Mason Inc 21. Morgan Stanley 22. Mitsubishi UFJ Financial Group Inc 23. Northern Trust Corporation 24. Société Générale 25. Bank of America Corporation

The ultra-wealthy elite often hide behind layers and layers of ownership, but the truth is that thanks to interlocking corporate relationships, the elite basically control almost every Fortune 500 corporation.

The amount of power and control that this gives them is hard to describe.

Unfortunately, this same group of people have been running things for a very long time. For example, New York City Mayor John F. Hylan said the following during a speech all the way back in 1922...

The real menace of our Republic is the invisible government, which like a giant octopus sprawls its slimy legs over our cities, states and nation. To depart from mere generalizations, let me say that at the head of this octopus are the Rockefeller-Standard Oil interests and a small group of powerful banking houses generally referred to as the international bankers. The little coterie of powerful international bankers virtually run the United States government for their own selfish purposes.

They practically control both parties, write political platforms, make catspaws of party leaders, use the leading men of private organizations, and resort to every device to place in nomination for high public office only such candidates as will be amenable to the dictates of corrupt big business.

These international bankers and Rockefeller-Standard Oil interests control the majority of the newspapers and magazines in this country. They use the columns of these papers to club into submission or drive out of office public officials who refuse to do the bidding of the powerful corrupt cliques which compose the invisible government. It operates under cover of a self-created screen [and] seizes our executive officers, legislative bodies, schools, courts, newspapers and every agency created for the public protection.

These international bankers created the central banks of the world (including the Federal Reserve), and they use those central banks to get the governments of the world ensnared in endless cycles of debt from which there is no escape. Government debt is a way to "legitimately" take money from all of us, transfer it to the government, and then transfer it into the pockets of the ultra-wealthy.

Today, Barack Obama and almost all members of Congress absolutely refuse to criticize the Fed, but in the past there have been some brave members of Congress that have been willing to take a stand. For example, the following quote is from a speech that Congressman Louis T. McFadden delivered to the U.S. House of Representatives on June 10, 1932...

Mr. Chairman, we have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks. The Federal Reserve Board, a Government board, has cheated the Government of the United States and the people of the United States out of enough money to pay the national debt. The depredations and iniquities of the Federal Reserve Board has cost this country enough money to pay the national debt several times over. This evil institution has impoverished and ruined the people of the United States, has bankrupted itself, and has practically bankrupted our Government. It has done this through the defects of the law under which it operates, through the maladministration of that law by the Federal Reserve Board, and through the corrupt practices of the moneyed vultures who control it.

Sadly, most Americans still believe that the Federal Reserve is a "federal agency", but that is simply not correct. The following comes from factcheck.org...

The stockholders in the 12 regional Federal Reserve Banks are the privately owned banks that fall under the Federal Reserve System. These include all national banks (chartered by the federal government) and those state-chartered banks that wish to join and meet certain requirements. About 38 percent of the nation’s more than 8,000 banks are members of the system, and thus own the Fed banks.

According to researchers that have looked into the ownership of the big Wall Street banks that dominate the Fed, the same names keep coming up over and over: the Rockefellers, the Rothschilds, the Warburgs, the Lazards, the Schiffs and the royal families of Europe.

But ultra-wealthy international bankers have not just done this kind of thing in the United States. Their goal was to create a global financial system that they would dominate and control. Just check out what Georgetown University history professor Carroll Quigley once wrote...

[T]he powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations.

Sadly, most Americans have never even heard of the Bank for International Settlements, but it is at the very heart of the global financial system. The following is from Wikipedia...

As an organization of central banks, the BIS seeks to make monetary policy more predictable and transparent among its 58 member central banks. While monetary policy is determined by each sovereign nation, it is subject to central and private banking scrutiny and potentially to speculation that affects foreign exchange rates and especially the fate of export economies. Failures to keep monetary policy in line with reality and make monetary reforms in time, preferably as a simultaneous policy among all 58 member banks and also involving the International Monetary Fund, have historically led to losses in the billions as banks try to maintain a policy using open market methods that have proven to be based on unrealistic assumptions.

The ultra-wealthy have also played a major role in establishing other important international institutions such as the United Nations, the IMF, the World Bank and the WTO. In fact, the land for the United Nations headquarters in New York City was purchased and donated by John D. Rockefeller.

The international bankers are "internationalists" and they are very proud of that fact.

The elite also dominate the education system in the United States. Over the years, the Rockefeller Foundation and other elitist organizations have poured massive amounts of money into Ivy League schools. Today, Ivy League schools are considered to be the standard against which all other colleges and universities in America are measured, and the last four U.S. presidents were educated at Ivy League schools.

The elite also exert a tremendous amount of influence through various secret societies (Skull and Bones, the Freemasons, etc.), through some very powerful think tanks and social clubs (the Council on Foreign Relations, the Trilateral Commission, the Bilderberg Group, the Bohemian Grove, Chatham House, etc.), and through a vast network of charities and non-governmental organizations (the Rockefeller Foundation, the Ford Foundation, the World Wildlife Fund, etc.).

But for a moment, I want to focus on the power the elite have over the media. In a previous article, I detailed how just six monolithic corporate giants control most of what we watch, hear and read every single day. These giant corporations own television networks, cable channels, movie studios, newspapers, magazines, publishing houses, music labels and even many of our favorite websites.

Considering the fact that the average American watches 153 hours of television a month, the influence of these six giant corporations should not be underestimated. The following are just some of the media companies that these corporate giants own...

Time Warner

Home Box Office (HBO) Time Inc. Turner Broadcasting System, Inc. Warner Bros. Entertainment Inc. CW Network (partial ownership) TMZ New Line Cinema Time Warner Cable Cinemax Cartoon Network TBS TNT America Online MapQuest Moviefone Castle Rock Sports Illustrated Fortune Marie Claire People Magazine

Walt Disney

ABC Television Network Disney Publishing ESPN Inc. Disney Channel SOAPnet A&E Lifetime Buena Vista Home Entertainment Buena Vista Theatrical Productions Buena Vista Records Disney Records Hollywood Records Miramax Films Touchstone Pictures Walt Disney Pictures Pixar Animation Studios Buena Vista Games Hyperion Books

Viacom

Paramount Pictures Paramount Home Entertainment Black Entertainment Television (BET) Comedy Central Country Music Television (CMT) Logo MTV MTV Canada MTV2 Nick Magazine Nick at Nite Nick Jr. Nickelodeon Noggin Spike TV The Movie Channel TV Land VH1

News Corporation

Dow Jones & Company, Inc. Fox Television Stations The New York Post Fox Searchlight Pictures Beliefnet Fox Business Network Fox Kids Europe Fox News Channel Fox Sports Net Fox Television Network FX My Network TV MySpace News Limited News Phoenix InfoNews Channel Phoenix Movies Channel Sky PerfecTV Speed Channel STAR TV India STAR TV Taiwan STAR World Times Higher Education Supplement Magazine Times Literary Supplement Magazine Times of London 20th Century Fox Home Entertainment 20th Century Fox International 20th Century Fox Studios 20th Century Fox Television BSkyB DIRECTV The Wall Street Journal Fox Broadcasting Company Fox Interactive Media FOXTEL HarperCollins Publishers The National Geographic Channel National Rugby League News Interactive News Outdoor Radio Veronica ReganBooks Sky Italia Sky Radio Denmark Sky Radio Germany Sky Radio Netherlands STAR Zondervan

CBS Corporation

CBS News CBS Sports CBS Television Network CNET Showtime TV.com CBS Radio Inc. (130 stations) CBS Consumer Products CBS Outdoor CW Network (50% ownership) Infinity Broadcasting Simon & Schuster (Pocket Books, Scribner) Westwood One Radio Network

NBC Universal

Bravo CNBC NBC News MSNBC NBC Sports NBC Television Network Oxygen SciFi Magazine Syfy (Sci Fi Channel) Telemundo USA Network Weather Channel Focus Features NBC Universal Television Distribution NBC Universal Television Studio Paxson Communications (partial ownership) Trio Universal Parks & Resorts Universal Pictures Universal Studio Home Video

And of course the elite own most of our politicians as well.


TOPICS: Business/Economy; Conspiracy; Politics
KEYWORDS: agenda21; aldbright; auditfed; bilderberg; billgates; brannonhowse; clintons; continuum; davos; devil; drugcompanies; economiccollapse; education; elitists; eu; eugenics; fakereality; food; gmo; goldmansachs; ilenesnyder; illegalgov; illuminati; imf; kerry; kissinger; mccain; media; medical; mfglobal; michaelsnyder; monsanto; msmlies; nwo; obamaroyalty; oneparty; pelosi; policestate; soros; vatican; votermachines; worldbank; worldviewweekend; zerohedge
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To: mnehring

Or in lira, they could have quintillions of dollars.


81 posted on 01/31/2013 12:33:30 PM PST by SgtHooper (The last thing I want to do is hurt you. But it's still on the list.)
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To: B4Ranch

And so brazen about it!

82 posted on 01/31/2013 12:37:18 PM PST by word_warrior_bob (http://www.youtube.com/watch?v=Vs6qZd_xP1w)
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To: B4Ranch

What a crock of crap.

But if true, it’s clear they are doing a lousy job of it.


83 posted on 01/31/2013 12:38:48 PM PST by Fledermaus (I'm done with the GOP. Let them wither and die. Let's start over.)
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To: PieterCasparzen
That is an example that explains some corruption in elections and government but that is just a small slice of the big picture. Perhaps I misunderstood it but it sounded to me like the article was blaming all of the ills of society on these 'ultra-rich elites.' It was blaming them for private indebtedness as well as governmental debt. I don't buy that.

I don't believe in victims. Everyone seems to be pushing their own version of victimhood these days and this article is one more version of that.

84 posted on 01/31/2013 12:39:43 PM PST by TigersEye (The irresponsible should not be leading the responsible.)
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To: B4Ranch

See now you’re lying, you said this:
“Fat people get lazy and start to take days off from work.”

So yes indeed you DID mean physically fat, because large bank accounts, large homes and toys don’t make you miss work. So now that we know that you not only creatively edit, you also go out of your way to miss the point, you’re also willing to lie about what you said. So at this point there’s no use for this conversation to continue, because you’re just gonna make crap up off the top of your head.

Bye now. Don’t bother to reply, you’ve fully established that anything you write is not worth reading, and so I won’.


85 posted on 01/31/2013 12:40:08 PM PST by discostu (I recommend a fifth of Jack and a bottle of Prozac)
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To: discostu
recessions go against their needs.

Not if they're trying to destroy a nation's economy as part of a long range plan.

In order to understand, one has to look at things from the point of view of the financier of government. Every time there is a war - he and his friends lend to both sides. They then must "manage" the end of the war politically - so both sides pay back all their loans. When the war is over, their is reconstruction - which requires also more government borrowing.

The more political influence the financier of government has, the more they can cause government to spend and borrow, which earns them more money.

How could a financial downturn be used ? It provides a public appetite for more financial regulation. Financial regulation is politically sheparded through the legislature to come out helping big finance and hurting their smaller competitors.

Larry Fink of BlackRock recently said "markets love totalitarian markets".

Fink Link

Monopolists need to keep generating an ROI, which gets extremely difficult as market share gets near 100%. Decent business folks break up their companies (for real) and do not keep trying to flog higher real unit prices out of their customers using the backing of the government. Monopolists seek to stamp out all competition; the best outcome they see is actually making their enterprise the official enterprise of the state and thus eliminating all their competition.

I could not understand this up until recently because I never thought about it from the monopolist's point of view, I was thinking from a small business person's point of view, where a thriving, fair and competitive market is a great thing.

Wall Street has never had a problem with Communism; they just kept it out of the press.
86 posted on 01/31/2013 12:43:36 PM PST by PieterCasparzen (We have to fix things ourselves)
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To: PieterCasparzen

I will also note that you didn’t answer a single question that I posed. I made no comment at all about whether ultra-rich money movers exist or not and whether they use their influence on government or not. Obviously that does exist to some extent on every level of society and government.


87 posted on 01/31/2013 12:46:07 PM PST by TigersEye (The irresponsible should not be leading the responsible.)
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To: PieterCasparzen

But they already control the world, including this country, so that doesn’t make any sense.


88 posted on 01/31/2013 12:46:39 PM PST by discostu (I recommend a fifth of Jack and a bottle of Prozac)
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To: TigersEye

Interesting, private indebtedness. This is a recent thing, unsecured consumer debt without personal familiarity (as in the local store). Credits are a new thing. It was marketed to the American people in many ways. It made a lot of money post-WWII for American manufacturing, where people spent out in front of their own earnings.

Is it a personal responsibility ? Yes. Was it devious to knowingly set about a campaign to make it happen, knowing that “marketing works” ? Also yes.


89 posted on 01/31/2013 12:47:09 PM PST by PieterCasparzen (We have to fix things ourselves)
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To: B4Ranch; a fool in paradise; Slings and Arrows
Branson, the Oak Ridge Boys Theatre, who can resist? Oompa, ah-oompa, my heart's on fire-ah with Elvirah!


90 posted on 01/31/2013 12:47:09 PM PST by Revolting cat! (Bad things are wrong! Ice cream is delicious!)
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To: PieterCasparzen
Was it devious to knowingly set about a campaign to make it happen, knowing that “marketing works” ? Also yes.

Too bad. That's the consequences of irresponsibility.

91 posted on 01/31/2013 12:50:37 PM PST by TigersEye (The irresponsible should not be leading the responsible.)
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To: Mr. Jeeves

Mr. Jeeves, you just exposed the truth that people do not wish to believe. That is why we are at where we are at today.

Actually, there have been a few of these people mention that if the sheeple knew what they were about they would be done. That is the reason they pit the sheeple against each other by race and class or ethnicity. It is a protection device to hide the truth and keep the sheeple fighting each other over claptrap rather than uniting and going after them for their crimes!


92 posted on 01/31/2013 12:57:40 PM PST by dforest
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To understand how politics and money affect our lives we need to research the industrial history of America. I chose to ignore all of the various theories and to tackle an understanding on my own.

I started by recording the History Channel’s series, “The Men Who Made America”. The series covers various industrialists, ie., Carnegie, Rockefeller, Vanderbilt, Ford, Edison, J.P. Morgan and their interactions. The video introduced me to each character which provided me with a basis to research each person more thoroughly.

From there I learned of their interactions with the major bankers of the era, both domestic and foreign which lead to the formation of the Federal Reserve System and to the progressive era. I learned of the bankers’ influence on the presidential elections of Taft, Roosevelt and Wilson, especially. I also read G. Edward Griffin’s, “The Creature from Jekyll Island” which is a well-documented story on the formation of the Federal Reserve. Other books that I recommend reading are: “Lords of Finance” by Liaquat Ahamed, “End the Fed” by Ron Paul, “Money Mischief” by Milton Friedman, “The Road to Serfdom” by F.A. Hayek, to name a few.

Watch the above videos and read these books then use them as a base in your research and I promise you that you will learn a lot.

Don’t stop at any point. Keep searching for the truth and it will be in front of you, all spelled out.

http://www.history.com/shows/men-who-built-america/videos#the-men-who-built-america-the-american-dream


93 posted on 01/31/2013 12:58:31 PM PST by Enough is ENOUGH
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To: TigersEye

Well, I was just tryin’ to highlight situations where what most people (and myself included until recently) think is a “bad” situation... how that is good for international bankers who are thinking in the long term and on a “global” scale.

It’s like the Foundations. The standard “line” is that the elite wealth of 19th and early 20th century American gave away their wealth to charities.

But one has to dig deeply into what they are doing to understand the long, long term goals and how it’s quite simple techniques - once one either figures them out or someone explains it. I have not figured out or read about but a tiny fraction of the whole picture, of course, but a few basic things just stick out like a sore thumb and can’t be explained away, like the tight financial relationships between Wall Street and totalitarianism.

Mind you, when you read what the supposed “conspiracy theorists” write and they reference an old newspaper article from the early 1900’s, sure enough, it’s there. And it is shocking. Unbelieveable. But it was only news then. Now it’s long forgotten. Even Glenn Beck did not tell half of the bad stuff about Wilson - and he devoted hours of airtime to showing how bad the dude was. Amazing.


94 posted on 01/31/2013 1:00:12 PM PST by PieterCasparzen (We have to fix things ourselves)
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To: B4Ranch

You do understand that there is zero evidence to support that claim - right?


95 posted on 01/31/2013 1:03:38 PM PST by svcw (Why is one cell on another planet considered life, and in the womb it is not.)
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To: Mr. Jeeves

Bottom line is Satan vs. God. I don’t believe any group is actually in control because of the enormity of the ego, it is the “NASH EQUILIBRIUM AND THE HISTORY OF ECONOMIC THEORY.”

http://home.uchicago.edu/rmyerson/research/jelnash.pdf


96 posted on 01/31/2013 1:20:51 PM PST by huldah1776
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To: discostu
But they already control the world, including this country, so that doesn’t make any sense.

That's what used to have me completely confused. If they "control everything" why don't they just do what they want ? "Control the world" is too generalized a statement to accurately describe the situation. They don't control what we wear every day, etc., nor do they control most things that happen. They only control a few key things that happen - because their personnel form the biggest group of experts in a few key places; at least diplomacy, banking, intelligence services, politics, education, the press, entertainment, health, food.

They do have key holdings amongst international banking firms across the world, as well as large corporations, and due to interlocking directorships (boards of directors are what has ultimate control over a coporation's actions), they wield tremendous influence over many corporations. They also use a network of non-profit tax-free foundations to a) control voting blocks of stock, b) avoid income taxes and c) avoid inheritence taxes, while d) allowing the same set of people, and their heirs and assigns and close associates, to have very tight voting control of the boards of directors of certain corporations.

They also, over a century or more, methodically sought influence of like-minded individuals and those who work for them in one capacity or another, in those "key places". They don't need every position, they start with key positions and work out from there. Most people don't even know what's going on, and there are multiple levels on which this game is played. Many leftists may not realize all of leftism's ties and backers, but those at the top do. For instance, Obama's early political ties were all to tied into one part of the international banker machine through Penny Pritzker. She is on the Board of Directors of CFR, the organization through which banking has managed the State Department and Presidents in one unbroken line all the way back to Wilson's time.

For international bankers, we have to understand that lending to governents is part of what they do; it's their business. It's like an equipment company selling a customer far more costly equipment than they need - the international banker wants "more business". If your a consultant, you want to see your clients in the most horrible mess possible, because then you can earn the most money helping them clean up the mess. Any problem can be turned around to be earnings if you're in the business of solving that problem. Now, the international bankers don't create all our problems, they specialize in just a few.

When one studies the great monopolists of America, one finds men that think they "know better", that they could run the entire nation far better than any government could. Trouble is, the public at large (and most military) would not take very well to the idea of simply setting aside our whole "government thingy" and little old Constitution, and all sign up for being part of some totalitarian business world. All these "nations" are in the way of their new world order, with the largest remaining impediment being an ever-dwindling percentage of the American population. But along the way, the international financiers can certainly continue to lie to a President here, bolster the confidence of a Prime Minister there, etc., etc., and voila ! War breaks out; ka-ching goes the register. They keep on making money in a "world" that we know nothing about.
97 posted on 01/31/2013 1:39:01 PM PST by PieterCasparzen (We have to fix things ourselves)
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To: B4Ranch

There are PACs on both the liberal and the conservative sides of the aisle. And the largest tax-exempt organization — at least in the United States — is the Church. Not exactly a hotbed of socialist change.


98 posted on 01/31/2013 1:49:49 PM PST by IronJack (=)
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To: PieterCasparzen

Now you’re getting closer to reality. For the most part these “secret masters” are people that are in positions of power, but most of how they maintain the power is positioning themselves to benefit no matter what happens. They really don’t control everything, heck they probably don’t even control much. They’re big in banking so most money flow through them, but how much money flow through them, and where it starts and where it lands is a lot more random than the conspiracy crowd really wants to think. And like most megacorps they’re a couple of bad decisions from seeing it all unwind. For the most part this recession is the result of misplayed hands, all the big dogs lost money, nobody kills their own margin like that on purpose. Then you get situations like Egypt, 2 years later, still a mess, nobody’s making money there.


99 posted on 01/31/2013 1:53:16 PM PST by discostu (I recommend a fifth of Jack and a bottle of Prozac)
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To: drypowder
It's become a scam on the people,...

And both sides like it that way.

100 posted on 01/31/2013 2:02:05 PM PST by houeto (https://secure.freerepublic.com/donate/)
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