The now famous Rolling Stone magazine article in 2009 by Matt Taibbi unforgettably referred to Goldman Sachs, the world’s most powerful investment bank, as a “great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.”…
The original can be found here: Donald Trump’s Contract with the American Voter “What follows is my 100-day action plan to Make America Great Again. It is a contract between myself and the American voter — and begins with restoring honesty and accountability, and bringing change to Washington….
This will be my next read for sure! Listen to the Jack Blood show interview. In the 2nd half he interviews Nomi Prins. Amazing amount of information is covered in less than 1 hour.
The Jack Blood Show – April 14 2014
Who rules America?
All the Presidents’ Bankers is a groundbreaking narrative of how an elite group of men transformed the American economy and government, dictated foreign and domestic policy, and shaped world history.
Culled from original presidential archival documents, All the Presidents’ Bankers delivers an explosive account of the hundred-year interdependence between the White House and Wall Street that transcends a simple analysis of money driving politics—or greed driving bankers.
Prins ushers us into the intimate world of exclusive clubs, vacation spots, and Ivy League universities that binds presidents and financiers. She unravels the multi-generational blood, intermarriage, and protégé relationships that have confined national influence to a privileged cluster of people. These families and individuals recycle their power through elected office and private channels in Washington, DC.
All the Presidents’ Bankers sheds new light on pivotal historic events—such as why, after the Panic of 1907, America’s dominant bankers convened to fashion the Federal Reserve System; how J. P. Morgan’s ambitions motivated President Wilson during World War I; how Chase and National City Bank chairmen worked secretly with President Roosevelt to rescue capitalism during the Great Depression while J.P. Morgan Jr. invited Roosevelt’s son yachting; and how American financiers collaborated with President Truman to construct the World Bank and IMF after World War II.
Prins divulges how, through the Cold War and Vietnam era, presidents and bankers pushed America’s superpower status and expansion abroad, while promoting broadly democratic values and social welfare at home. But from the 1970s, Wall Street’s rush to secure Middle East oil profits altered the nature of political-financial alliances. Bankers’ profit motive trumped heritage and allegiance to public service, while presidents lost control over the economy—as was dramatically evident in the financial crisis of 2008.
This unprecedented history of American power illuminates how the same financiers retained their authoritative position through history, swaying presidents regardless of party affiliation. All the Presidents’ Bankers explores the alarming global repercussions of a system lacking barriers between public office and private power. Prins leaves us with an ominous choice: either we break the alliances of the power elite, or they will break us.
After many years of reading the Economist I stopped in 2008. The economic world I knew blew up and neither the Federal Reserve, nor CNBC, nor the Economist had been any help at all. In fact, quite the opposite. They had lead me astray. They distorted the truth. But I didn’t know that then.
5 years later while sipping a lousy coffee at Starbucks I took advantage of the free AT&T wi-fi and this article caught my eye.
The gated globe
Governments are putting up impediments to globalisation. It is time for a fresh wave of liberalisation
Now, I am completely on the opposite side of trade liberalization. Exposure to the way things really work from the Anglo-American Establishment to the Council on Foreign Relations and their British cousin the Royal Institute of International Affairs. From the Federal Reserve System to the International Monetary Fund, World Bank, Bank of International Settlements, and their interlocking directorates with BigOil and BigBanks. From the CIA to the Mossad, MI5, MI6 to the National Security Council and NATO and the United Nations. From the World Trade Organization to the G20, Bilderberg, and the Trilateral Commission. And lastly from Foreign Affairs, the New York Times, the Washington Post, and the Economist back to the Council on Foreign Relations.
We have been lied to by all of these organizations and institutions and they work specifically to undermine every nation on Earth for their gain. Their trendy well polished neoliberal materials are extremely deceptive. They are meant to influence their audience into accepting a corporatized world of free trade and globalization where short term convenience and easy finance lure unsuspecting adults into a world of finance, debt,
Do you know who this person is? He is the former Assistant Secretary to the Treasury under Ronald Reagan. I think he has been referred to as the Father of Reaganomics. He has changed his tune over the past 30 years to become an ACTIVIST! He actually writes on his blog and speaks on alternative media outlets about his understanding of what’s really going on behind the scenes in our government.
Do you think he understands the machinations of Washington DC, from Capitol Hill to the Pentagon? If so, then you’d better listen to him.
He is not a whistleblower per se, not by the strict definition. But he is an insider telling Americans on the Internet and on alternative media that the world is in a perilous place, due to a coup d’etat that has taken place in America. The only problem is, most Americans don’t realize their government has been taken over by stateless elitists hiding behind organized crime cartels. These cartels are in such great control of world politics and economics that we actually THINK we are in control of the decision making process in what we call government. Or we are dumbed-down employees working for corporations that are profiting from war and conflict. That’s why they are systemically too big to fail. Too many of us actually work for them. Imagine if we were able to actually hold special investigations and assign criminal punishment and fines to the guilty bastards at the top of the pyramid. Then, just like Al Qaida, a new head would pop up and take the reigns. Just like a terrorist organization. After all, they do have their own intelligence networks, banks, central banks, transport, food, and insurance companies. They have entire networks of approved operations that get plenty of media attention, while they surpress, subvert, and destroy the competition.
Read what Dr. Paul Craig Roberts has to say about Syria and then look at more of his articles on his website and videos on YouTube.
Syria: Another Western War Crime In The Making — Paul Craig Roberts
I am no expert but I can see a distinction between the Bill Still camp, the Ron Paul camp, and the Lyndon LaRouche camp on monetary reform and central banking. This difference seems to be the crux of the “national bank” debate we see citing the Federal Reserve as the root of all monetary evil in the United States – an opinion which I also hold. Keep in mind that all three of these camps are IGNORED by mainstream media because they are controlled by the big banks.
First, the Bill Still camp supports the end of fractional reserve banking altogether. A good idea so long as there is a transition from our current 10% reserve requirement to 100% that doesn’t completely dry up the money supply. Bill Still also supports Ellen Brown and the Public Banking Institute and the notion of State owned banks like that of the Bank of North Dakota. If enough of these banks are put in motion, we could counter the need for the Federal Reserve. I am all for it. He is also for competing currencies and ending the ability for governments to borrow. Both are damn good ideas.
Second, Lyndon LaRouche and his LPAC group support the return of Glass-Steagall, the 1933 act that split the commercial and investment banking arms – a damn good idea since the investment banks are constantly inventing new ponzi schemes for making money, like the current several hundred trillion dollar derivatives market, at least $225 trillion is now held by the big five banks and supposedly covered by the FDIC. If there was another Lehman moment, the derivatives would bankrupt the FDIC.
Third, LaRouche supports the return of a new Bank of the United States, one which is possibly more transparent than the Federal Reserve but still a Federally controlled central bank with fractional reserve banking, not backed by any hard and scarce commodity such as gold or silver. This bank would be owned in part by the US government and the remainder by treasury holders, such as China, Japan, OPEN nations, all the major banks, etc. LaRouche has a completely polar opposite opinion of history as it relates to Andrew Jackson, and Alexander Hamilton. I believe you could refer to him as a Federalist.
Fourth, Ron Paul, primarily from the Austrian school of economics, believes in competing currencies, including the legalization of silver, as it was prior to the crime of 1873, and / or gold as it was before 1933 when we were on a full gold standard. He believes in small government and that the Federal Reserve is suppressing interest rates and creating mal investment, such as the housing bubble, the bond bubble.
There are so many more points that should be debated, live on the Ron Paul Channel or elsewhere in mainstream media. Lauren Lyster, Bob English, Max Keiser, Peter Schiff, Scott Horton, Ben Swann, and others could mediate and broadcast.
This is a big deal. Each of these perspectives believes that the privately held Federal Reserve and its charter members (a subset of its owners) are destroying the global economy. Make no mistake. There is something wicked and nefarious about the Federal Reserve, its just that the opposition is not united, nor do they control the media so they are not heard. 90% of Americans could read this blog post and not have the slightest clue about what I am saying, but all those that are familiar with the “#EndTheFed“, “#GlassSteagall“, and “#PublicBank” memes are certainly familiar with part of it.
In a separate article here, I argue that Occupy and the TeaParty should unite to fight the big banks and government corruption. This is THE ISSUE we should unite on!
I may be slightly wrong about each of these positions. No doubt I am. However, I am an average American with a Keynsian Economics degree that has spent at least 3 years of intense research on the question of the money supply, macroeconomics, banking, and insurance, and the crimes bankers commit and if I don’t get it, it seems unlikely that the general public gets it. Therefore, the public debate is necessary. It would take months if not years to get the distinctions out. Meanwhile, maybe we could awaken, stir up, and unite enough people to make real progress on the problem.
Here are the 3 stories: