Tuesday, March 11, 2008

BANKING'S ORIGINS

Think About It
“Give me control of a nation’s money and I care not who makes the laws,” a quote attributed to Meyer Amschel Rothschild, founder of the European banking dynasty. To see how banking developed, we need to go back beyond the birth of Jesus Christ. As civilization developed, feudal lords, or seigniors, were the first to assert power over others who became their serfs. At that time, all commodity production was generally kept within the seigniorial domains. About 586 bc, Nebuchadnezzar of Babylon conquered Judah, and as a result the Jewish inhabitants were dispersed throughout the world. This became known as the diaspora, and 11 of the 12 tribes of Israel were said to have lost their identity as they assimilated.
By the time of Christ, import of Oriental goods: spices, silk, etc., was making its way into the Middle East, and eventually Western Europe. By the middle ages, the Orient was interested in acquiring English woolen, Venetian salt, copper from Belgium, etc. The original initiative in this trade belonged to the Jews of the diaspora, who became major traders. But as local economies gradually developed, so did the growth of local artisans, the first middle class. This economic development eventually destroyed the commercial function of the Jews, as the artisans began to do their own trading. By the time of the Crusades, the will of the Christians to carve their own road to the Orient, led to persecution of both Jews and Muslims. As the artisans developed guilds to foster their crafts, they excluded Jews from membership. Old Testament law prohibits a Jew from lending to another Jew with interest, but it does not prohibit lending to a gentile with interest. Thus many of the Jews, excluded from trading and artisanship, became lenders of money. They loaned to Lords for luxuries and war; they loaned to artisans and peasants to pay their taxes and rents. The rates were extremely high.
In 1743, Amschel Moses Bauer, father of the author quoted above, was a goldsmith in Frankfurt, Germany. By now the Jews had developed their own guilds for their artisans. His sign was a Roman eagle on a red shield. The German word for red shield is “Rothschild”, and he eventually changed his surname. Goldsmiths kept other peoples gold in more secure surroundings. They issued the owners gold receipts which became useful as a substitute for gold, and people soon accepted them as currency. Then, the goldsmiths realized they could rather safely “lend” gold receipts at interest for more gold than they had on hand, and fractional reserve banking was begun.
Meyer Rothschild was an even greater financial intellect than his father, and he in turn had 5 sons, who he instructed in the secret techniques of money creation and manipulation. His son, Amschel II, was to stay in Frankfurt; but he sent the other 4 to the financial capitals in Vienna, London, Naples and Paris. They learned they could be successful by lending to both sides carrying on a common war, and they learned that prior knowledge of breaking world conditions could help make a fortune. Thus, they developed an intelligence network long before our CIA.
In 1815, Napoleon wanted to control Europe. Only British commander Wellington stood in his way, at Waterloo, in Belgium. Meyer’s son, Nathan, ran the London banking operations. He had loaned enormous amounts to Britain, backed by their bonds. If Napoleon won, they were worthless. But his spy rushed to him with the knowledge that Wellington would win. When the exchange opened, Nathan nodded to his trader to sell English bonds. “He knows,” other traders began to shout, “Wellington has lost.” Shortly a half million in bonds was dumped onto the market, with prices falling down to 5% of worth. Suddenly, Rothschild began to buy bonds, and before his colleagues realized their duping, Rothschild had increased his wealth 20 fold, buying English bonds back at 5 cents on the dollar.

NAFTA SUPERHIGHWAY

Think about It
The Council on Foreign Relations describes itself as a non-partisan and independent membership organization promoting understanding of foreign policy and America’s role in the world. I describe it as an elitist, invitation only organization dedicated to bringing about a one world economy, to the detriment of the sovereignty of the United States. It was founded in 1921 by Col. Thomas House, alter ego to Woodrow Wilson in his White House, and protégé of the Rockefeller financiers. While most of our recent Presidents have been members, I find it interesting that all its actual meeting records are sealed from public view for 25 years after inception.
In 2006, Dr. Robert Pastor, Vice-chair of CFR’s Independent Task Force on the Future of North America (ITF)), appeared before the US Senate Committee on Foreign Relations (no connection to CFR) to call for nominally erasing all US Borders and a merger of the US, Canada and Mexico in a North American Union running from Prudhoe Bay, Alaska to Guatemala. “Instead of stopping North Americans on the borders,” he said, “we ought to provide them with a secure, biometric Border Pass that would ease transit across our border like an E-Z pass permits our cars to speed through tolls.” Such a move is underway in what some people say is a NAFTA superhighway, which would run from the Mexican port city of Lazaro Cardenas, through Kansas City, onward through Duluth, Minnesota to Canada. Other people would tell you such an idea does not exist.
What does surely exist is a quasi-government organization called “Security and Prosperity Partnership of North America (SPP) launched in Waco, TX in 2005 by George W. Bush, Vicente Fox of Mexico, and Paul Martin of Canada. Because it is quasi-government, it is somewhat opaque and does not require the sanction of our Congress. Speaking in 2002, Fox said, “Our long range objective is to establish with the United States…an ensemble of connections and institutions similar to those created by the European Union, with the goal of attending to future themes as important as…the freedom of movement of capital, goods, services and persons. The new framework we wish to construct is inspired in the example of the European Union.”
What also surely exist are plans for the Trans-Texas Corridor (TTC). Governor Rick Perry of Texas has signed a $1.3 billion contract with Cintra, SA, a foreign company listed on the Madrid Stock exchange, which already operates US toll roads known as the Chicago Skyway and the Indiana Toll Road. TTC will be operated by Cintra, SA as a toll road, in partnership with Zachry Construction Co. of San Antonio. Is this the first leg of the NAFTA superhighway?
What also surely exists is Kansas City SmartPort, Inc., an investor based organization supported by the public and private sector to create the key hub on the NAFTA superhighway. Their brochure states, “For those who live in Kansas City, the idea of receiving containers nonstop from the Far East by way of Mexico may sound unlikely, but later this month that seemingly far-fetched notion will become a reality.” In 2005, Kansas City signed a cooperative pact with representatives from the Mexican State of Michoacan and its port city of Lazaro Cardenas; to increase cargo volume between the two cities. According to author Jerome Corsi, container ships from China would unload at Lazaro Cardenas, and Mexican drivers would speed their cargo on the Fox-Bush autobahn directly to the first customs inspection terminal at Kansas City; without US customs or US workers being theretofore involved. The freight would then fan out across the US and Canada.
According to economist and researcher Miguel Pickard, the aforementioned Dr. Pastor of the ITF has since met 3 times in Toronto, New York and Monterrey, with foreign representatives. The 3 called for a unified North American Border Action Plan (i.e. open borders). The 3 then signed close to 300 regulations, which are intended as a substitute for any treaty, which the US Senate would need to approve.
Do you really care? .