Taken by Örvar Atli Þorgeirsson on August 6, 2011 in Reykjavíc, Iceland
Mysterious “night shining” or noctilucent clouds are beautiful to behold, and are usually seen during the summertime, appearing at sunset. They are thin, wavy ice clouds that reflect sunlight long after the Sun has dropped below the horizon. However, these hauntingly beautiful clouds are puzzling scientists with their recent dramatic changes.
First, they used to be considered rare, but now they are seen more frequently. Their appearance has increased over time and are seasonal, appearing most often in late spring and summer every year. They are now even appearing during the day. Noctilucent clouds can form only under very restrictive conditions; their occurrence can be used as a sensitive guide to changes in the upper atmosphere.
Scientists don’t know exactly why they form, but continue to observe them – both from Earth and from space. According to NASA, AIM (Aeronomy of Ice in the Mesosphere) satellite, which was launched in 2007, continues to study the clouds, while scientists strive to know if noctilucent clouds signal climate change.
Dave Hughes photographed the NLCs near Edmonton, Alberta Canada on July 2, 2011.
Second, with no explanation yet found, these strangely luminescent clouds have been creeping slowly toward the equator. They have been seen even as far south as Utah and Oregon and Denver, Colorado in the recent years. Also called polar mesospheric clouds, they were a high-latitude phenomenon, but in recent years, AIM has spotted the clouds appearing ever lower in latitudes, but just why is not yet known.
These glowing mystical clouds were first described in 1885, two years after the massive eruption of Krakatoa, a volcanic island in Indonesia, sent up a plume of ash and debris up to 80 km into Earth’s atmosphere. The eruption affected global climate and weather for years and may have produced the first noctilucent clouds. The effects of Krakatoa eventually faded, but the unusual electric blue clouds remain, nestled into a thin layer of Earth’s mesosphere, the upper atmosphere region where pressure is 10,000 times less than at sea level. Could it be that the troubling increase in volcanic activity around the globe and mostly in the ocean, has increased to such an extent that the ash released is increasing the visibility of noctilucent clouds? What danger does it signify?
The World’s Worst Volcanic Eruptions
NLCs on July 3, 2011 in Lock Leven, Fife Scotland taken by Adrian Maricic.
Third, these clouds which are like “geophysical light bulbs” are growing brighter. It seems that the polar mesospheric clouds are getting brighter because the mesosphere is getting colder and more humid. These clouds are made of ice crystals, not water droplets – they need very cold temperatures to form.
Researchers have many ideas about why noctilucent clouds may be growing in number and brightness, and most of them are related to global warming. Increasing greenhouse gases in the atmosphere could account for both phenomena. The greenhouse gas carbon dioxide, which warms Earth’s surface, paradoxically cools the upper atmosphere. Observed increases in water vapor in the atmosphere – a consequence of warming – may also make it easier for the clouds to form.
Another theory is that the upper atmosphere is cooling because it is being loaded with comet dust, which shows up in the form of noctilucent clouds and other upper atmospheric formations. The cosmic dust is electrically charged which is causing the earth’s rotation to slow marginally. The slowing of the rotation is reducing the magnetic field, opening earth to more dangerous cosmic radiation and stimulating more volcanism. The volcanism under the sea is heating the sea water which is heating the lower atmosphere and loading it with moisture.
Troubling increase in global volcanic activity
Sources: Universe Today, International Business Times, The Denver Post
END TIMES TRUTH
Climate change is about to become very dramatic. The present conditions are not leading to another Ice Age. Yahweh is renovating this planet for future kingdom subjects to enjoy during the Millennium. The earth itself will endure forever, but everything upon and within this planet is slated for destruction. She will desolate all of Satan’s imprint upon this planet, both human and disobedient angels for its rebirth into the Millennium of Christ Jesus.
Solar activity plays a huge part in these phenomena and all things are interconnected. In the next post, we will take a closer look and put some of the pieces of the puzzle togther: Solar Flares and Earth’s Declining Magnetic Field: All things are interconnected
Job 35:5 Look at the heavens and see; gaze at the clouds high above you.
Ezekiel 30:3 For a day is near; a day belonging to the LORD is near. It will be a day of clouds, a time [of doom] for the nations.
Nahum 1:3 The LORD is slow to anger but great in power; the LORD will never leave [the guilty] unpunished. His path is in the whirlwind and storm, and clouds are the dust beneath His feet.
Psalm 97:2 Clouds and thick darkness surround Him; righteousness and justice are the foundation of His throne.
#1 by REVEREND HOWARD on November 17, 2011 - 1:05 AM
Greetings Brother,
These clouds are CHEM-CLOUDS made by HAARP on a Naval Base in Alaska.
Govenor Jesse Ventura did a series on television called “CONSPIRACY THEORY” where one programs was about HAARP.
HAARP is on very large acers of land with an area set up with 180 Antennas that shoots up 180 beams beams into one single beam into the stratisphere playing god with planet earth and people.
What can HAARP do?
Many things and more …
Weather Manipulation,
Earth Quakes,
Tornados,
Mass Mind Control,
Destroy flying Aircraft,
Destropy Satilites,
Send a death ray on masses of people.
and more …
If you would like to:
You should have a look on Utube for videos on HAARP.
The NET is full of info on HAARP.
The Bilderberg Group are the ELITE running the whole planet. They are the World Bank.
The following wed address is about the Bilderberg Group. It is about 43 minutes long on YOUTUBE
Copy and Paste this: http://www.youtube.com/watch?v=q-r4DGx04gI&feature=related
HERE IS SOME MORE INFO: i HAVE WRITTEN SOMETHING AND HAVE AN ARTICLE BY RICHARD GREAVES:
Greetings to all,
If need be- We must stick together in peace as massive groups to protest the Elite from controlling planet earth. I have an article by Richard Greaves below that must be passed on. The 1st five pages are mine, then Richard Greaves Timeless Brilliant Article.
The Elite Global Families belong to THE BILDERBERG GROUP
Anderson Cooper on CNN NEWS is breed from Gloria Vanderbilt his mother. Gloria Vanderbilt married several times and her 3rd or 4th marriage was to a gentleman named COOPER. Gloria produced Anderson Cooper. Gloria Vanderbilt and son Anderson Cooper are in direct line to inherit fortunes. Vanderbilt name belongs to the Evil-Mined Elite Group.
A number of people have been saying, “Every time I turn on homepage it goes to a different homepage just as all have been through.” I believe the setback goes further back way beyond and much higher than MSN, unto Evil Intentions of Populous Control.
It is up to you, whether you wish to investigate or not investigate on the Net about who are actually blocking our HOMEPAGES.
This Group is planning to create the ability to BLOCK us from accessing INFORMATION, MUSIC, and CHATING ETC. Most importantly to us all is this: The Group of Elite Families will be putting a Stop to the SOCIAL NETWORK this year or in 2012.
Yesterday on the T.V. the News was “F.A.C.E.B.O.O.K has changed again!!! Change it back!!!” The Elite Global Families have begun to control the INTERNET. Unless people gather as ONE-UNITED on the NET and the streets perhaps eventually, the ELITE GLOBAL FAMILIES will control your computer accessing and eventually life. Don’t forget about the RFID CHIP to be put in everyone’s hand. The Elite have their Lackeys tell people the subcutaneous transfer of RFID COMPUTER CHIP is for your benefit and it will appear to be good, but is eventually used for the control of people.
This tiny chip has already been used in many ways please see: http://en.wikipedia.org/wiki/RFID_chip
I expect them to use the Echelon-Computer, which monitors every electronic communications. The Elite own and operate the Echelon-Computer, and sell information to various country governments. They are the owners and orchestrate the World Bank
http://www.worldbank.org/, IMF http://www.imf.org/external/index.htm, WHO http://www.who.int/en/, NATO http://www.nato.int/cps/en/natolive/index.htm, Control about 90% of Media, and the ELITE want to control everyone on the planet.
How did this World Bank appear? Where did these 120 elite families gain such clout and CASH, SILVER and GOLD? They have more than enough to lend Billions of Dollars year after year to 186 of 192 Counties on planet Earth. It’s about power and Control of the planet. When a country takes a loan from the IMF- [International Monetary Fund], then the IMF are in charge of running that countries finances and when you are in charge of the country’s finances, you control the way society functions.
You and I can think for ourselves and draw our own conclusions!
The ELITE “think” they own and run about 186 countries. Look at the troubles they have caused. They create agendas for both periods of financial gains and periods of financial disaster to their own benefits, but folks seem to be blind.
All 186 countries collectively must say “Shove your forced-loans up your asses. We are not paying a cent to IMF ever again. We are not conforming our countries to your social evil agendas anymore. We are also taking back the ownership of our countries’ Mint and print our own new money ourselves instead of buying it from such as the renowned Depopulator “David Rockefeller” who charges a high price to the government to print new money. We must tell them to get lost and do let the door hit your asses real hard on the way out!” In 1920’s US Gov. sold the US Mint to David Rockefeller’s father, now is that nuts or what? Why have countries given or sold their MINT- their monetary fund printing system to the Evil Elites? Stultifying
Then We the People can go back to running our own countries with voting average people like blue collar type folks in government office and not vote for the same old average politicians anymore.
The Elite Group control the American Military. Look up info about “HAARP” in Alaska, a NAVY BASE. Look for it with a satellite. HARRP information comes from Former Governor Jesse Ventura (Former Navy Seal= 2 years in Vietnam & about 4 years total time and of course the WWE) has a T.V. series “Conspiracy Theory with Jesse Ventura” (http://www.trutv.com/shows/conspiracy_theory/episodes/index.html) that has aired on T.V. several times and hopefully is being aired again and again. He brings facts to the table. This series must be seen to get a picture on what a Grand Scale; the Elite are operating on to control us.
HAARP is the name of the apparatus of massive amounts of Antennas that send a microwave beam up into the Magnetic Field (to understand go to NASA Website for data on Magnetic Field) that has the capabilities of WEATHER MANIPULATION on our planet (Global-Warming is a HOAX being done by HAARP for years for eventual FINANCIAL PROFIT by Al Gore’s Gang [he belongs to ELITE GROUP] of GREEN CRAP INITITIVES-buy green-products only which he has highly invested-although now he is rather angry his HOAX has been exposed. HAARP can project voices outside a person’s head HAARP to the right-side, because mass extinction of people the ELITE call “THE GREAT CULLING” or “DE-POPULATION.
HAARP is also about mind control.
I will give a couple of websites and keep searching:
(Cornelius) Vanderbilt history of wealth began http://en.wikipedia.org/wiki/Cornelius_Vanderbilt
The Elite Global Families belong to THE BILDERBERG GROUP.
http://www.schneier.com/blog/archives/2007/01/surveillance_ca_3.html
Vandenberg unit tracking errant satellite http://www.lompocrecord.com/news/local/military/vandenberg/article_190cf24c-e4de-11e0-8999-001cc4c002e0.html
Family History Wikipedia http://en.wikipedia.org/wiki/Cornelius_Vanderbilt
—————————————————————————————
DO YOU KNOW WHO RUNS THE WORLD?
Self-Educate Yourself On:
Who is Really Running the Earth?
Critical Article Must Be Circulated By All!
Extensive Document saturated with Facts.
By Richard Greaves- E-mail: rgreaves@supanet.com
Richard Greaves- PLEASE FEEL FREE TO COPY AND CIRCULATE THIS ARTICLE.
Richard Greaves- PLEASE FEEL FREE TO COPY AND CIRCULATE THIS ARTICLE.
Sincerely & Respectfully yours- REVEREND HOWARD R.O.T.B.
Enjoy, Bon Appetite!
Richard Greaves- PLEASE FEEL FREE TO COPY AND CIRCULATE THIS ARTICLE.
WHO REALLY RUNS THE WORLD……?
An overview of what’s behind the “New World Order”…..
“The world is governed by far different personages from what is imagined by those who are not behind the scenes” – Benjamin Disraeli
By Richard Greaves – E-mail rgreaves@supanet.com
1st Produced: December 1996. This revision: October 2003.
There he is – the fellow who blandly refuses to see any threat to our society – who reckons that if he does his little bit in his own regular groove, takes good care of the family and pays no attention to any alarm bells off stage, then the United Nations, the European Union or the Universal Declaration on Human Rights will ensure no harm ever comes to him – for him, all that stuff about the price of freedom being eternal vigilance is just outmoded rhetoric. Sophisticated wise guy that he is, he knows that if there was anything in these conspiracy or subversion scares, he would be hearing about it on the telly.
He faithfully reads his newspapers – accepting both fact and comment – if it’s not true, he says, why on earth would it be printed? As for any hair raising stuff about centralised control, totalitarian police states etc. well it could never happen here could it? After all, western so called democracies are the epitome of freedom and tolerance committed to bringing peace and harmony in the world or so his elected representatives and the media have successfully convinced him. Forget it – let’s have a bit of light relief, there’s “”Who wants to be a Millionaire” and “Gardener’s World” on TV tonight and tomorrow Arsenal are playing Man United. From J.S. Gibb “The Lemming Folk”
A little harsh perhaps – not everyone by any means is as myopic as this – and it can be very difficult to see what’s going on behind the scenes, one of the main reasons being….
THE MAINSTREAM MEDIA….
“There is no such thing.. as an independent press.. There is not one of you who dares to write your honest opinions, and if you did, you know beforehand that it would never appear in print. I am paid for keeping my honest opinion out of the paper I am connected with. Others of you are paid salaries for similar things, and any of you who would be so foolish as to write honest opinions would be out on the streets looking for another job! We are the tools and vassals of rich men behind the scenes.. they pull the strings and we dance. We are intellectual prostitutes.”
John Swinton, a chief of staff to the New York Times at the time of the American Civil War, addressing the New York Press Club some years later.
Have things changed since Swinton’s time? Yes, but maybe not for the better. Polly Toynbee, writing in the Independent several years ago said: “Journalism is grubbier, nastier and more trivial than ever before…” She has a point – look at the tabloids and a host of other publications, and see what a mass of trivial irrelevant material now passes for so called news, distracting us from thinking for ourselves about what really matters to us. The same applies to television – more and more channels turning out more and more soaps, quiz shows, comedy shows, chat shows, pop shows – an ever increasing diet of trivialisation, interspersed on commercial stations, with adverts that endlessly sell us all the things they tell us we have to have to make us happy – the dolly bird images that all women must live up to, and the macho images that all men must live up to. How miserable we can become if we don’t measure up to these smooth cultivated images, or can’t afford all the paraphernalia that goes with them. (And aren’t we always being persuaded to go more and more into debt by borrowing more and more money to get it, by “listening” banks and “action” banks who join in this orgy of advertising.)
Ms. Toynbee went on to imply that broad-sheets such as the Independent, the Guardian, the Telegraph and the Financial Times were highly reliable and informative. However newspapers like these and mainstream radio and T.V. networks cannot possibly give us a full picture, or a comprehensive analysis, of what is going on in the world. Look at the big corporate interests that own them and advertise in them. And even if they don’t actually own the BBC, look how these interests and their friends in government make and influence appointments to senior posts, and dominate the Board of Governors, ensuring that it is no more independent than any of the others.
In the old Soviet Union and its satellite states in eastern Europe, government controlled the media. Nothing of substance could be published without the prior approval of the Communist party commissars. Yet today, in the United States in particular, the situation is broadly similar although most people are blissfully unaware of it. In the US, for example, it is a select handful of super-rich and tightly knit financial interests who own the big media outlets. ABC, CBS, NBC, Time, Newsweek, the New York Times, the Washington Post, the Los Angeles Times, the Chicago Tribune along with numerous regional newspapers, radio and television outlets. The big names include David Rockefeller, Edgar Bronfman, Rupert Murdoch, and Conrad Black. Big media can effectively control government by deciding who and what it will or won’t support. In the UK, Murdoch owns the Times and the Sun and Black the Daily Telegraph.
The mainstream media is very much a closed shop and generally only those willing to do the bidding of the power elite need apply! However that’s not a problem for a lot of media people because it seems that a broad swathe of these people actually have a very limited view of the world – they get all their information from establishment sources – they don’t really pay attention to or investigate what protesters are saying. They enjoy good pay and lavish life styles and they simply can’t understand why anyone would see a problem with the world as it is – after all, it serves them well enough!
More than 200 years ago Thomas Jefferson said that he felt sorry for those who thought that they knew what was going on through reading the newspapers, and a little over 100 years ago Benjamin Disraeli made a similar remark, and the same applies today, in many areas, to the mainstream media. Look how so much of it still unquestioningly promotes the dual concepts of “economic growth” and “free trade” without ever stopping to examine the real effect of the unrestricted pursuit of these aims on the planet and the millions who inhabit it. Why not? Because it is owned and/or controlled by the wealthy elite who see the whole system as being to their benefit.
No doubt today many media people would vigorously contest these sorts of remarks, claiming newspapers such as the Independent and Guardian, and T.V. programmes such as Granada’s “World in Action” and Channel 4’s “Despatches” do produce some good investigative journalism. However as some journalists know deep down, they can only go so far, and some absolutely crucial subjects are definitely off limits, not only for them, but also for other publications that are generally regarded as radical. The problem is that many people see these programmes, newspapers and other publications as providing the full picture, however their investigations are invariably isolated and do not provide a full and coherent picture. Let us take a closer look behind the scenes….
SECRECY & PRIVATE FORUMS
Everywhere you look – government, big business and any other institution seeking to exercise power – the key is secrecy. Meetings such as those of the Organisation for Economic Co-operation and Development (OECD), the G-8, World Trade Organisation, World Economic Forum, Central Banks, the European Union Council of Ministers and the EU Commission, EU summits, government cabinet meetings, numerous think tanks etc. are always conducted behind closed doors. The only possible reason for this is that they don’t want you and I to know what they are really up to. That well-worn excuse for keeping things under wraps -“it is not in the public interest” really means that it is not in the interest of the powers that be that the public should know. However there is, in addition, a network of private forums and meetings that take place where the secrecy principle extends to the forums and meetings themselves – by and large, we don’t even know that they are taking place, let alone what is being planned and discussed….
The Bilderberg Group
Did you know, for example, that some of the biggest names in world politics, media, banking and business met at Turnberry South Ayrshire from 14th. to 17th. May 1998 under the chairmanship of Lord Peter Carrington? If you didn’t, this is your introduction to the Bilderberg Group – a private forum where powerful and influential figures from Europe and North America meet in great secrecy amid very tight security to plan and discuss global strategy and reach consensus on a wide range of issues. What then seems to happen is that ensuing consensus on various issues are then promoted by powerful commercial and business interests in the media at the same time becoming the policy of governments of supposedly different political persuasions.
Bilderberg was formed in 1954, named after the hotel in Oosterbeek, Holland where the first meeting took place. It has a main meeting annually in a heavily guarded location in Europe or North America. It brings together top people from a variety of spheres of influence and power on both sides of the Atlantic. Participants include Heads of State, prime ministers, other leading political figures, top corporate executives, industrialists, bankers, financiers, and an assortment of intellectuals, diplomats, influential representatives of the media and even the occasional trade unionist with demonstrated sympathy for establishment views. One insider apparently has observed that “…today, there are very few figures among governments on both sides of the Atlantic who have not attended at least one of these meetings.”
What sets this private forum, (and others mentioned later) apart from other gatherings of the politically and economically powerful such as the G-8 meetings, European Union summits etc. is that they are little or almost unknown to the public and they escape media attention. Much of the centralisation of power that is taking place in the world today – a process that has been going on for many years, but is now accelerating into top gear – can very likely be attributed to the agreements and consensus reached at these meetings. Human nature being what it is, there are people in power who would seek to bring about some form of centralised all powerful global government. Much of what we see happening around us today is bringing that prospect ever closer. There is the increasing power of multi-national corporations, the surrender of national sovereignty in the EU, governments handing over complete control of money supply and monetary policy to unaccountable central banks, the rules and regulations of the World Trade Organisation, the ability of the International Monetary Fund to dictate to national governments etc. Power is being concentrated in the hands of ever fewer people operating through more remote unaccountable institutions. This is O.K. if you happen to trust the top people in power.. However remember the saying “all power tends to corrupt…and absolute power corrupts absolutely”.
Few journalists, reporters and news people in the mainstream media, until very recently, had even heard of Bilderberg, yet these are the people who claim to give us informed in-depth reporting of what is going on in the world. Even many M.Ps. in the House of Commons appear not to have heard of it, and those that have do not speak publicly about it. However some of the more prominent and “promising” ones will have actually attended its meetings.
It is claimed by the organisers to be an “informal” gathering. Attendance is by invitation from the steering committee – an inner circle of permanent members, who meet regularly, setting the aims and agenda of the group, and reviewing progress. Everyone is invited to “speak freely” – which suggests they can say what they really think and believe rather than what they tell the public they think and believe! And it is all off the record.
If you question anyone who has attended, about the group, the answers you get are either that it is just an informal airing of views in relaxed surroundings with no votes or formal resolutions. (However, one can build up consensus quite adequately without formal resolutions.) Alternatively it is claimed to be a gathering of political “has beens” who no longer wield any real power. An examination of the annual attendance lists reveals nothing could be further from the truth. Many a rising star has attended and the so called “has beens” who do attend are in fact still active and influential behind the scenes. Former Observer Editor Will Hutton attended the 1997 meeting. He did not disclose the content of any discussions, but he expressed the view, privately, that it is Bilderberg that sets the agenda for the forums and summits that follow, such as the G-8, Council of Europe and World Trade Organisation meetings.
Lord Carrington was chairman of the steering group until 2000, Lord Home was a former chairman. Kenneth Clarke and Henry Kissinger are current steering group members. Early steering group members included Denis Healey and Reginald Maudling, followed more recently by EU Commission President Romano Prodi, EU Commissioner Mario Monti and former Labour leader John Smith. In the past Wilson, Heath, Callaghan, Thatcher, Roy Jenkins, Jeremy Thorpe, David Steele, the Duke of Edinburgh, Cyrus Vance, George Shultz, Helmut Kohl, Francois Mitterand have all attended. More recently it has been Bill and Hilary Clinton, Blair, Brown, Mandelson, Paddy Ashdown, Norman Lamont, William Waldegrave, Malcolm Rifkind, Alan Greenspan (Head of the U.S. Federal Reserve Bank), numerous EU Commissioners, Lord Roll of Ipsden (Labour Peer and former President of merchant bank Warburg, Dillon Read), Conrad – now Lord -Black (Chairman Hollinger Group which owns the Daily Telegraph and the Spectator), Andrew Knight (chief executive of Rupert Murdoch’s News International media empire), Umberto Agnelli (President of Fiat SpA). Senior editors at the Financial Times, the Washington Post and the Wall Street Journal attend regularly. In 1996, T.U.C. General Secretary John Monks attended. Monks has establishment approval because, since then he’s been in favour of Britain scrapping the Pound and adopting the Euro. Since ceasing to be TUC general Secretary, Monks has become Secretary of the European Trades Union Council. In 1998 at Turnberry, George (now Lord) Robertson attended – he was subsequently appointed Secretary General to NATO. In 1999 former Friends of the Earth Director and current Forum of the Future Director Jonathan Porrit attended. Ed Balls, senior economic advisor to Gordon Brown, attended in 2001, 2002 and 2003. Also in 2003, Philip Gould, described as Public Relations Advisor to Tony Blair, attended. Ever since its inception, members of the Rothschild and Rockefeller families have always attended.
What exactly has been going on here? There’s certainly a wide range of prominent people attending these meetings, and, when hearing about Bilderberg for the first time, some people say isn’t it great that so many different people come together to discuss global issues. Another perhaps more realistic interpretation is that it is the rich and powerful planning our future behind our backs without our knowledge and permission. Previous meetings in Britain have taken place in Buxton, Cambridge, Torquay, and Gleneagles, right under our noses only we didn’t know about them. Only in very recent years has the veil of secrecy surrounding the event begun to break, with limited mention in the local press of the host country. Several Scottish newspapers made quite a splash that the 1998 meeting took place at Turnberry, but since then silence has returned. Nothing about the meetings in 1999 at Sintra, Portugal, in 2000 at Chateau du Lac near Brussels, in 2001 at a secluded island resort near Gothenberg, Sweden, in 2002 at Chantilly, Virginia, USA. Finally nothing on 2003’s meeting at Versailles outside Paris.[1]
Bilderberg is reckoned to be the most influential of the private forums, but there are other little known organisations such as the Trilateral Commission, the Pinay Circle, the Royal Institute of International Affairs- (RIIA is said to be responsible for British foreign policy) and its United States counterpart, the Council on Foreign Relations. Except occasionally the RIIA, these organisations are almost never mentioned in the mainstream media, all meet behind the usual closed doors, yet they are almost certainly closely linked. Some of them are strongly Anglo-American in membership. Indeed it appears that the RIIA and the CFR may be essentially one and the same organisation, born at the same time in the early ‘20’s, out of an earlier grouping known as the Round Table, set up by those advocates of global domination, Cecil Rhodes and Lord Alfred Milner. Perhaps this gives true meaning to the “special relationship” between Britain and the U.S.A.
Trilateral Commission
TC was born out of Bilderberg discussions in the early ‘70’s, and founded by David Rockefeller, chairman Chase Manhattan Bank and Zbigniew Brzezinski, later President Carter’s national security advisor. Bilderberg is bilateral, taking in Europe and North America, TC is trilateral, taking in Japan and the far east as well. Its members are chiefly bankers, businessmen and top administrators. Included are heads of Japanese multi-nationals corporations,(e.g. Sony, Mitsui, Mitsubishi), top officials of international banks based in the far east,(e.g. Fuji Bank, Mitsubishi Bank) heads of major media organisations (e.g. Time Warner, CNN, Washington Post Co., Times Mirror Co.) Politician members include Jimmy Carter, George Bush Snr, Bill Clinton, Cyrus Vance, Walter Mondale, Warren Christopher, and on this side of the Atlantic, David Owen, Edward Heath, Roy Jenkins and Chris Patten.
Royal Institute of International Affairs
This is a forum for the political elite – presidents, prime ministers and others. “The Chatham House rule” states….. “when a meeting is held under the Chatham House Rule, participants are free to use the information received, but neither the identity or the affiliation of speakers, nor that of any other participant may be revealed; nor may it be mentioned that the information was received at a meeting of the Institute.” It will not release the names of individual members, although both James Callaghan and Lord Carrington are honorary presidents. Major global companies and banks fund it, along with the long suffering British taxpayer! Corporate members include B.P., Shell, Barclays Bank, Lloyds TSB, Nat West Bank, Morgan Guaranty Trust, Warburg Dillon Read, RTZ, Unilever, The Economist, CBS, NBC, ABC, Channel 4 TV, ITN, the Financial Times, the Guardian, the Independent, Daily Telegraph, The Times, Reuters, New York Times, Washington Post, BBC Radio, even Amnesty International and the African National Congress. Sounds great – such a diversity of organisations coming together – so why all the secrecy?
Council on Foreign Relations
Funded largely by the Rockefeller Foundation, the CFR is a major force in the U.S.A. behind economic globalisation that first became very active during the last war, issuing many confidential memoranda to the U.S. government. President Franklin D. Roosevelt was closely associated with it – literally. When governor of New York state, he had a town house next door to its headquarters in New York City. At that time, it set out a vision of huge areas of the globe (a “Grand Area”) that it was perceived would be necessary to come under effective U.S. economic and military control, in order to ensure materials for U.S. industries, following the defeat of Germany and Japan. It called for centralised world wide financial institutions and was a major force that led to the Bretton Woods conference in New Hampshire USA in 1944, which set up the International Monetary Fund (IMF) and the International Bank for Reconstruction and Development now known as the World Bank. A CFR brainchild, the Marshall Plan helped Europe reconstruct after World War 2, but it also ensured the Americanisation of Europe as European political and economic elites became wedded to their American counterparts with no significant economic or political development taking place without U.S. approval. Today many meetings are forums where foreign diplomats can freely express their ideas to council members – “…Participants are assured that they may speak openly, as it is the tradition of the Council that others will not attribute or characterise their statements in public media or forums or knowingly transmit them to persons who will.” Familiar line? Even major summits of international importance are staged in secret such as the Middle East/North Africa Economic Summit co-chaired by Bill Clinton (CFR member) and Boris Yeltsin in Casablanca in 1994 – no mainstream media reports on that. The council claims “…..no affiliation with the U.S. government…” but it just so happens that Clinton and almost all his cabinet members were apparently listed as CFR members. Other members are David Rockefeller , Secretary of State Colin Powell, Vice President Dick Cheney, Jesse Jackson, Pat Buchanan, Katherine Graham (publisher of the Washington Post) and a number of other well known presenters and newspeople in ABC, CBS, and NBC (e.g. Dan Rather, Robert McNeil, Jim Lehrer, Tom Brokaw, and David Brinkley). There are many others including Alan Greenspan head of the Federal Reserve Bank, previous head Paul Volcker, plus the usual array of big corporate bosses from Chrysler, Coca Cola, General Motors, Ford, AT&T, American Express, Exxon, Shell, Mobil, etc.
The Group of Thirty
Founded in 1978, this has become the world’s leading international financial consultative group, comprised of 30 leading figures from economic and financial arenas. It describes itself as a non political organisation that explores issues of business practice and public policy, suggesting measures to improve the functioning of the international financial system… (for bankers and big business etc. rather than the population as a whole?) Members include Mervyn King – Governor of the Bank of England,, Stanley Fischer – Deputy Managing Director of the IMF , and the Governors of the Bank of France and the Bank of Japan. The Chairman is Jacob Frenkel who recently took over from former US Federal Reserve boss Paul Volcker. Frenkel is chairman of international merchant bankers Merrill Lynch and a former Governor of the Bank of Israel. [2]
In reality, there are many more organisations and many possible links between them. For example, the US funded “British American Project for the Successor Generation” has been responsible, since the 1980s, for recruiting young up and coming British politicians and media people and taking them on expenses paid trips to the US to educate them in the virtues of the “American dream” . The message is – stick with us boys and girls and you will go far… And many have done just that, for example Neil Kinnock, Blair, Mandelson, Mo Mowlam, George Robertson plus various Labour party advisers and policy makers, not to mention Radio 4 “Today” programme presenter James Naughty and BBC 2 Newsnight presenter Jeremy Paxman. [3]
Of all these secretive private forums you might say, so what – it’s essential that top people get together to discuss and plan global affairs – what right has anyone to impugn any improper motives on their part – they are doing the best they can for us all. If that’s really the case, why the secrecy? And look at the evidence out there all around us. In a world where more than one billion people live in absolute poverty, let’s take a careful look at what the outcome of all this really is.
CORPORATE POWER
“Trans-national corporations are the most tyrannical and totalitarian institutions society has yet devised.” Professor Noam Chomsky
A great feature of centralisation of power and the erosion of democracy and the power of nation states, is the trans-national corporation (TNC). These have largely been a development of the last 50 years or so. A constant drive to cut costs, maximise profits and expand markets and market share has led to buy outs, take-overs and amalgamations that have produced ever larger conglomerates. Today Corporations pretty much determine the basics of modern life. Corporate elites decide what most of us will read, what we see in cinemas, theatres and on TV, what subjects are public issues acceptable for discussion and debate, what ideas our children are taught in the classroom, how our food will be grown processed and marketed, what consumer products will be made with what technologies, whether or not we have widely available affordable health care, how work will be defined organised and compensated, what forms of energy will be available to us, how much toxic contamination there will be in our air water soil and food, who will have enough money to run an election campaign and who will not…
A typical TNC straddles state boundaries with manufacturing operations spread throughout the world – its head office, where major decisions are taken, is located in a particular state, but TNC’s today have no loyalty to any state. They can effectively dictate to governments, as they rush around the globe to locate their operations, in the third world in states with the cheapest labour, the least stringent employment and environmental laws, or in the developed world, where they can extract the largest subsidies and tax free incentives.
Highly subsidised grain production in the U.S.A., and EU food surpluses are sold to third world countries, often for less than it costs American and European farmers to produce them. This undercuts local production, creating dependence and destroying the livelihood of local producers. The World Trade Organisation (WTO) is a global body of appointees which emerged in 1997 out of GATT (the General Agreement on Tariffs and Trade). Armed with supra-national legislative and judicial powers, it has a mandate to press forward with the elimination of barriers to the free movement of goods and capital. The section of the GATT agreement setting it up, ran to 2000 pages, ensuring few would have had the chance to study what the real implications were, before national legislatures ratified it. The driving force behind the WTO is the “Quad”. The “Quad” is made up of the US, the EU, Canada and Japan, which are home to the worlds most powerful TNCs, and who above all pursue the corporate agenda. They meet separately behind closed doors to decide what policies they will seek to impose on the rest at WTO summits.
Member countries must ensure that their laws comply with a mass of obligations and “international standards”. One member country can seek redress against another, if it considers that the law of another deprives it of the benefit it expects to receive from the new trade rules. In reality it is a TNC’s charter – such initiation is very likely to come from a TNC believing itself to be disadvantaged by a particular law in one country, and can find another country dependent on its presence, to put forward its case. For example Austria found itself unable to operate a ban on the import of tropical hardwoods from unsustainable sources, the U.S. is being forced to lower its requirements for the protection of dolphins in tuna fishing, the EU is facing demands to stop giving preferential treatment to small banana producers on Caribbean islands, which are highly dependent on banana exports, and also to lift a ban on beef from cattle from the U.S.A. raised with growth hormones, and now Canada is facing a challenge over a ban on the import of dangerous pesticides containing lindane. A panel of just 3 so called experts decide on disputes initially, with no right of appeal beyond the WTO itself.
The WTO, the European Union “single market”, The North American Free Trade Agreement (NAFTA), Asia Pacific Economic Co-operation (APEC) etc. are all based on the sacrosanct principle of “free trade”, but free trade is rarely fair trade. Many now see it for what it is – the freedom for the rich and strong to exploit the poor and weak, as more and more states are forced under these new rules, to remove tariffs designed to protect smaller local producers, local markets and the livelihoods of people associated with them and dependent on them. A recent example is India where domestic production of edible vegetable oil has been virtually wiped out with the import of subsidised US soya oil and palm oil from Malaysia, following the dramatic lowering of import duties. BBC news in August 2003 showed how in Ghana, imported tinned Italian tomatoes had destroyed the local tomato growing industry, and with it the livelihoods of small Ghanaian farmers. Likewise in Mexico, heavily subsidised corn from the US is having the same effect.
People are now recognising that, globally, “free trade”, still hailed as the means to promote beneficial growth, trade and employment, has in fact ravaged the environment and destroyed traditional manufacturing industries and communities throughout the West. For example, in the last 20 years or so, Indonesia has become very popular with big corporations, especially sportswear manufacturers such as Adidas and Nike. Wages are rock bottom and work conditions often atrocious because of weak union organisation and a lack of safety and environmental standards under a corrupt military dictatorship. The teeming millions of China are now providing a vast pool of cheap labour. The United States has granted China “most favoured nation status” in relation to trade, and in return the Chinese government is opening the door to “foreign investment” i.e. TNCs. Look at the labels on the goods you buy, and you’ll see the range of electrical goods, telephones, cameras, kitchenware and much more coming from China today – goods which ironically the vast majority of Chinese themselves are too poor to buy. The loss of manufacturing in the western world is typically and well-illustrated recently in Wales. Between May and August 2003 BBC Wales reported the following: a computer monitor manufacturer in Newport closing its factory and relocating to China, a motor components factory in Llanidloes closing having lost a big order to a Polish company, the Japanese lens manufactuer Hoya transferring production from Wrexham to Thailand after having been in Wales only six years and A & J Cycles, a Taiwanese company, transferring manufacturing from Newtown to Vietnam.
Wealthy elites and big corporations are taking over the means of agricultural production throughout the world and at the same time destroying self-sufficiency. Vast areas of the third world have seen their traditional agricultural patterns being swept aside so that cheap land and cheap labour are made available to grow cash crops for export. With their land taken from them, small farmers end up on poor marginal land or, as in Brazil, they move into the forests and cut these down. In most cases they drift to the cities and as a result ghettos, slums and shanties have been spawned in cities throughout Latin America, Asia and Africa. In the meantime here in Britain for example, in the face of cheap imports, it becomes no longer ‘economic’ to produce traditional crops and our small farmers are now in a state of crisis.
The WTO free trade rules actually operate to the detriment of all reasonable employment, environmental and safety standards because such standards are considered to be obstacles to free trade – i.e. this prevents one country from adopting higher standards if they restrict another country from exporting goods or produce that undermine them. This actually encourages industry that is more polluting, more dangerous and has lower paid jobs. It is regarded as “protectionist” to try to give preference to local businesses that hire local people at a decent living wage, produce things that local people need, pay their full share of local taxes, play by local rules and contribute to the livelihood and well being of the community.
This process is driven and promoted by TNC’s and the political establishment that supports them. It is also promoted by academics, universities and colleges which are increasingly funded by big business – not to mention numerous “foundations” and “think tanks” which are almost entirely funded by the same interests. It is claimed that TNCs create employment – they do provide work for a few – but at the same time they have been a part of a process that has destroyed large numbers of jobs and livelihoods based on small to medium sizes enterprises. In fact they destroy far more jobs, than they create. This entire process of opening up markets to so called free trade and unrestricted movement of capital is somewhat deviously referred to as “deregulation”. It is NOT… it is re-regulation in favour of TNCs., witness the mass of rules and regulations incorporated in the WTO.
The mass media is under corporate ownership, ensuring that the corporate agenda is vigorously promoted. The pharmaceutical industry has a vested interest in drugs, which are often ineffective or have serious side effects. Alternative proven successful treatments for cancer are suppressed in favour of drug based therapies with horrible side effects and little real success. There are constant efforts to get regulations imposed on alternative therapies which are in reality designed to make it near impossible to license these products and so drive them off the market, even though they have been in safe use for years. Then there are mass vaccination programmes – a real money spinner if a government can be persuaded to promote one – in spite of the fact that their effectiveness may be very questionable and the vaccines themselves may have serious side effects in some cases – e.g. measles mumps rubella. And then the food chain – big corporations having control over our most fundamental needs – from the ownership of seed companies to supermarkets, they decide what we eat (or in some cases in the third world whether we eat at all) – add to that the latest macabre twist of seeking to patent seeds and to genetically modify them along with plants and animals, in order, it seems, to begin to take control of the very building blocks of life itself. They claim that genetically modified crops are needed to feed the world, yet they ignore the little understood dangers and risks of cross pollination. They ignore also the fact that, in third world countries in particular, the real problem is poverty – the food is there but people can’t afford to buy it! There are radical technologies for non polluting power generation, such as zero point energy and cold nuclear fusion waiting for funding and development but these have been debunked and suppressed for years [4].
Corporate power manifests itself in almost every sphere of life nowadays. Control of energy supplies, in particular oil – any state such as Iran, Iraq or Libya which has tried to take control over its own oil resources, has faced severe backlashes from the US and Britain and the big business interests they represent. Indeed, even before the invasion of Iraq the bosses of big business were meeting with members of the Bush administration with contracts for the reconstruction of Iraq being handed out to groups such as Bechtel and Carlyle [5]. This conveniently leads on to the cosy relationship and interconnections between government and big business well illustrated by the Carlyle Group. With its offices located on Pennsylvania Avenue Washington DC midway between the White House and the Capitol building and within a stone’s throw of the FBI and many government departments, Carlyle could hardly be better placed at the heart of the US government. Among others, Carlyle owns companies manufacturing armaments equipment and vehicles for the vast US military machine. Its investors, board members and advisors include the following: Ex president George Bush Snr, US Secretary of State Colin Powell, Frank Carlucci ex US Defence Secretary (Chairman), former US Secretary of State James Baker, Richard Darman budget director under Bush Snr, our own ex PM John Major, Fidel Ramos ex president of the Phillipines, Park Tae-Joon ex Prime Minister of South Korea and Prince Alwaleed bin Talal of Saudi Arabia. [6]
Here in Britain, our utilities no longer belong to the state, and are now in the hands of private corporations, many of which have since become foreign owned through take-overs and mergers. And of course they stand to increase their profits the more water gas and electricity we consume. Even some of our railway operators are foreign owned – e.g Connex South Central is owned by a French corporation. And who has continued enthusiastically to preside over this process? Why none other than Tony Blair and New Labour…
New Labour represents the radical restructuring of the party and its policies to fit in with the “global economy”, and is now modelled on the US Democratic party. New Labour now presides over the growing tendency towards short time short term lower paid jobs. Its leaders openly fraternise and seek favour with corporate interests from the City to the far east – it has unashamedly become the new party of big business, on which it now relies for a substantial part of its funding, and whose interests it does everything possible to promote – e.g. genetically modified crops.
The flavour of New Labour is well captured by American investigative journalist Greg Palast writing about Tony Blair “…Blair you see hates Britain – this Prime Minister despises his storybook countryside and its grumbling farmers with their two little pigs and their tiny fields edged with dry stone walls. He cringes at the little bell ringing over the village post office door – so quaint and maddeningly inefficient. He cannot fathom a nation that weeps when he shuts the last dirty coal mines. He is frustrated to tears by what he sees as fossilised trade unions which chain workers to dead industries. He dreams of birthing the entrepreneurial state. Instead, as he sees it, he finds himself as caretaker of a museum of 19th century glories made somnolent by easy welfare and low ambition. So Tony gazes across the water with almost erotic envy at ‘Modernised America Inc’, where Wall-Mart, McDonald’s and Microsoft roam free…” [7].
When it comes to party funding we should remember ‘the golden rule’ namely that ‘he that has the gold makes the rules’ or put another way, ‘he who pays the piper calls the tune’. Labour’s corporate backers include Lord Sainsbury to the tune of £2.5 million in March 2003, giant accountancy firm KPMG who are deeply involved in promoting private finance initiatives and Carlton Television who, incidentally in October 2003, were given the go-ahead following a Competition Commission enquiry, to take over the whole of ITV by merging it with Granada [8]. Then there is the notorious now bankrupt American power giant Enron – here’s Greg Palast again: “… in 1998 I went undercover to investigate US corporate influence on Blair’s government for the Observer newspaper. .. My confederates and I pretended to represent Blair’s favourite American corporation. We wanted to find out how much it would cost in ‘consulting fees’ to overturn Britain’s environmental laws for the benefit of our US client. It turns out the price for bending the rules would be ludicrously low. Blair’s ministers and cronies were selling policy changes dirt cheap… While I was pretending to get Blair to change energy policy for Enron, I discovered the real Enron was doing the same thing – the sleazy Houston power pirates successfully talked Blair into reversing his sworn campaign not to let US companies build electricity plants on British soil…” [7]. In the 2001 New Year’s Honours List, Ralph Hodge, head of Enron Europe received the CBE for ‘services to the power generation and gas industries’…[8]
It is now clear just how much New Labour has distanced itself from trade unions from which few parliamentary candidates are now drawn. Policy is now made at the top, its traditional commitments to employment, local authorities, pensions and benefits have all fallen by the wayside. Spending is kept under tight control and privatisation continues apace. Services in health care, education, care of the elderly and many other services traditionally provided by the state and local authorities, are all up for grabs by the big operators in the private sector under New Labour’s “private finance initiatives”. [9]
These principles are being dramatically extended in the latest WTO promotion – GATS (the General Agreement on Trade and Services). Services include schools, health care, rubbish collection, libraries, water, gas and electricity. Described by some as ‘the sale of the century’, the object is to remove restrictions and internal government regulations considered to be “barriers to trade” in the area of service delivery, and to open these services to unrestricted private ownership. However privatisation of such facilities in poor countries has serious consequences – with TNCs seeking to profit from supplying water, health and education, poor people who can’t afford much are losing out. Water privatisation in Puerto Rico saw poor communities going without water whilst US military bases and tourist facilities had unlimited supplies. All these services in a truly democratic society are something in which the people have a say – they are called public services. A most effective way to completely undermine democracy is to hand them all to private power, because private power is basically unaccountable. You can’t really find out what’s going on inside a private corporation – they just tell you that it’s “commercially confidential”. If you can bring public ownership to an end by transferring it into private hands, you can still pretend that you have democracy by having elections… only the outcome of those elections will make no difference.
In his book “The Future of Money – creating new wealth, work and a wiser world” (Century 2001), Bernard Lietaer examines a possible future scenario referred to as the Corporate Millennium – government by big business. It is a world in which private shopping malls, sports facilities, housing developments are available, but only to the better off. With a large, angry and increasingly violent excluded minority, these facilities are fenced off and heavily guarded with access only to those who are issued with smart cards implanted with microchips. Databases contain huge records of profiles on consumer preferences and the end of national government is forecast with everything from education, health, policing, army and security services in private hands. The last prime minister finally relinquishes office, his government has no further function – Securicor is to take over the police franchise for the UK, Executive Solutions has the armed forces contract, and Social Services is run by Sonysoft – a merger of Sony and Microsoft. Consolidated Banks runs the economy, whilst NewsCorp has the education franchise. The Prime Minister will slip into retirement as easily as power has slipped into the hands of big business…. [10]
MONEY DEBT and BANKS
“Give me control of a nation’s money, and I care not who writes its laws…” Meyer Armschel Rothschild 1790
“If you want to be the slaves of banks and pay the cost of your own slavery, then let the banks create money..” Josiah Stamp, Governor of the Bank of England 1920
Money is the medium which we use to exchange goods and services – so whoever controls the issue of money is potentially in a very powerful position.
• Money is essential – without it, buying and selling would only be possible through exchange of goods themselves – hopelessly inconvenient. To keep trade and economic activity going, there has to be enough of this medium of exchange called money in existence to allow all this buying and selling to take place. When there is plenty, the economy booms. When there is a shortage, there is a slump. In the Great Depression, people wanted to work to earn money to support themselves, they wanted goods and services, all the raw materials for industry were available etc. yet national economies collapsed – why? …because there was far too little money in existence to allow full trading to take place. The only difference between boom and bust, growth and recession, is money supply.
• So who is responsible for making sure that there is enough money in existence to cover all the buying and selling that people want to engage in? The answer is that it is almost entirely controlled by private banks through the process of “lending”.
The popular concept is that when a bank lends, it is simply lending money that other people have deposited with it. This is very misleading – the money loaned by banks is in fact new money created by them out of nothing. After all, when an overdraft or loan is made to someone, nothing is transferred from the accounts of those who have made deposits. All that happens is a note is made on the borrower’s account that he can spend up to, say, £5000. There may have been nothing in his account before that, but suddenly the borrower is allowed to make out cheques and draw cash to pay for goods and services, up to £5000. As he does so, this is actually new money being introduced into the economy. The people he pays will in turn use that money to pay for goods and services. Today in the developed world more than 95% of the total money supply has come into existence in this way as personal and business loans, mortgages, overdrafts etc. provided by commercial banks and financial institutions. However, borrowers must eventually repay the loans and pay interest to the banks in the meantime. So today’s money is in fact created by private interests for private profit. Only cash, which is provided by the government and now accounts for just 3% of the total money supply in Britain, (having fallen from nearly 50% just fifty years ago) is provided interest free.
Since the money supply is now almost entirely made up of loans etc., more money must be lent out to keep the economy going. This is why most of us are inundated with offers of loans, credit cards etc. If people don’t borrow or banks don’t lend, there will be a fall in the amount of money circulating, resulting in a reduction in buying and selling – a recession, slump or total collapse will follow depending on how severe the shortage is.
The increase in loans created by banks over the years is conclusive proof that banks do create “money” out of nothing – in Britain loans etc. amounted to £1.2 billion in 1948. The figure was £14 billion by 1963 rising to £680 billion by 1997and by 2003, bolstered by the boom in property prices and increase in mortgages to support them, it had reached close to £1200 billion [11]. These are big increases in real terms even allowing for inflation – it is these which have enabled the economy to expand enormously, and as a result living standards for many people have improved substantially…. but it has been done on borrowed money. What is credit to the bank is debt to the rest of us. [12]
This has some pretty far reaching implications – after all banks are businesses out to make profits from the interest that they charge on the loans they make. Since the banks decide to whom they will lend, they effectively decide what is produced, where it is produced and who produces it, all on the basis of profitability to the bank, rather than what is socially desirable or beneficial to the community as a whole. With bank created credit now at 95% + of money supply, entire economies are effectively run for the profit of financial institutions. This is the real power, rarely recognised or acknowledged, to which all of us including governments the world over are subject. Our money, instead of being supplied interest free as a means of exchange, now comes as a debt owed to bankers providing them with vast profits, power and control, as the rest of us struggle with an increasing burden of debt…. There is much less risk to making loans than investing in a business. Interest is payable regardless of the success of the venture. If it fails or cannot meet the interest payments, the bank may seize and later sell the borrower’s property. Borrowing is extremely costly to borrowers who may end up paying back 2 or 3 times the sum lent. The banks are acquiring an ever increasing stake in our land, housing and other assets through the indebtedness of individuals, industry, agriculture, services and government – to the extent that Britain and the world are today effectively owned by them.
Furthermore, central banks such as the U.S. Federal Reserve and the European Central Bank which regulate the commercial banks and set interest rates are controlled not by elected governments but largely by private interests from the world of commercial banking. They are basically private banks. The Bank of England, although nationalised in 1946 (i.e. its shares were acquired by the state) is still effectively under private control by virtue of the fact that its Court of Directors, the Monetary Policy Committee and its executive directors, who are responsible for the day to day running of the bank, are all dominated by bankers and conventional economists.
The debt burden on individuals and businesses is always going to increase under this system, because when a bank creates money by making a new loan, no extra money is created and fed into the economy to pay the interest on that loan… The existing money supply would soon be depleted by interest payments to the banks, if more money was not found from somewhere. The only way for interest payments to be kept up therefore, is for more loans to be taken out. Although some individuals and businesses may pay off their debts or get by without additional borrowing, overall people and industry must keep borrowing more and more to create the money in the economy required to service the overall burden of debt. We are borrowing about £60 billion of new “money” into existence each year to cover interest payments. However, people and industry can’t go on increasing their debt indefinitely even with the lower interest rates that have come about in recent years as a response to the ever growing debt burden. Nevertheless even with these much lower interest rates, ultimately there must come a point when people will no longer be able to afford to borrow. When this happens, the economy will go into decline. The system thus contains the seeds of its own destruction.
• Not only are individuals and businesses in debt up to their eyeballs, but so are whole nations. Governments borrow money from banks in a similar way as individuals – in return they issue to the lender exchequer or treasury bonds – otherwise known as government stocks or securities. These are basically IOU’s – promises by government to repay the loan by a particular date, and to pay interest in the meantime.
The result of government borrowing is the national debt. British national debt now stands at about £400 billion – the annual interest on that debt is around £25 – £30 billion. The government raises this money by taxing you and me. National debt is up from £26 billion in 1960 and £90 billion in 1980. Successive governments have borrowed this money into existence over the years.
• However, if banks can create money out of nothing, then so can the state… in fact it already does so with the relatively very small amount of cash in the economy. Abraham Lincoln considered it a primary duty of the government to provide a nation with the medium of exchange to enable the economy to function. He proved the point by funding the Union war effort in the U.S. civil war with government created currency called “Greenbacks”, rather than taking out huge loans from the banks. He was of course assassinated and the creation of greenbacks was terminated. 100 years later John F. Kennedy had similar ideas.
• So instead of creating it themselves and spending it into the economy on public services and projects, boosting the economy and providing jobs, governments get banks to create it for them and then borrow it at interest.
• It all started in 1694, when King William needed money to fight a war against France. He borrowed £1.2 million from a group of London bankers and goldsmiths. In return for the loan, they were incorporated by royal charter as the Bank of England, which became the government’s banker. Interest at 8% was payable on the loan and immediately taxes were imposed on a whole range of goods to pay the interest. This marked the birth of national debt. Ever since then the world over, governments have borrowed money from private banking interests and taxed the population as a whole to pay the interest. Governments could create as much money as is necessary to fund public projects and once spent by them into the economy when the projects are paid for, it would continue to circulate as interest free money. Instead the government constantly whines that there is never enough money for schools, hospitals etc. because it borrows much of what it needs, and this creates added expense through interest charges.
To fund a war effort, governments borrow massive amounts from the banks – British national debt soared as a result of fighting two world wars (from £0.7 billion in 1914 to £23 billion by 1946) .. War can be very profitable for bankers. By supplying credit to those of whom they approve and denying it to those of whom they disapprove, international bankers can not only create boom or bust supporting or undermining governments, they can also determine the outcome of a war….
Germany was not defeated on the battlefield in World War One – international bankers withdrew funding, whilst US banks funded Bolshevik agitators, armed by Moscow, who infiltrated Germany, triggering strikes and massive popular unrest. All this disrupted supplies and totally undermined the war effort – Kaiser Wilhelm abdicated and Germany was forced to surrender [13]. Thereafter, huge reparations were demanded, ensuring the total collapse into debt of the Weimar republic. International bankers set up the Dawes “recovery” plan which plunged Germany into even greater debt and economic chaos, creating the conditions for the rise of Hitler’s Nazi party. The same bankers went on, usually through highly covert means, to fund the rearmament of Germany and later the allies. As soon as a war was on the horizon, lending took place and the great depression came to an end almost over night. The names behind all this, such as Warburg, Rothschild and Rockefeller are still major power brokers in the banking world today [14].
More recently, one of the greatest contributions to debt in the third world was the fourfold increase in the price of oil in the 1970’s. Third world countries in severe difficulties because of the oil price hike, took out loans on crippling terms, as interest rates were raised sky high in the mid to late ‘70’s …and hey presto, the entire third world was suddenly indebted to the banks as well. Was this just some economic “accident”, was it just an OPEC decision to raise oil prices, or did someone else approve it as part of a bigger strategy? It is said that at the 1973 meeting of the Bilderberg group in Sweden, which was attended by top executives of the so called “Seven Sisters” oil cartel (the world’s 7 biggest oil companies B.P. Texaco etc.), a consensus was reached to bring about the oil price increases that subsequently followed.
It is widely, but mistakenly, believed that the purpose of the World Bank and the International Monetary Fund (IMF) is to encourage development and relieve poverty in the third world, but in practice these organisations have added to the impoverishment of millions. They are based in Washington, they operate behind closed doors, they make loans, adding to the burden of debt and interest, and furthermore, the loans have strings attached in the form of “Structural Adjustment Programmes” (SAPs). SAPs are the response to the fact that so many countries could no longer meet the interes
#2 by End Times Revelations on January 7, 2012 - 4:14 AM
Thank you for sharing! The Bilderberg Group wants CONTROL of this world but not to destroy it completely.
This world is destined for destruction by Yahweh – Satan is not the rightful ruler and the evil imprints on this planet must be removed. The creation will eventually be brought back to be in harmony with Yahweh’s way but first, Her Wrath must be administered fully to balance the scales of justice.