"Every country suspended the gold standard at the outbreak of the war [World War I]... This removed the automatic limitation on the supply of paper money. Then each country proceeded to pay for the war by borrowing from the banks. The banks created the money which they then lent by merely giving the Government a deposit of any size against which the Government could draw checks. The banks were no longer limited in the amount of credit they could create because they no longer had to pay out gold for checks on demand. Thus the creation of money in the form of credit by the banks was limited only by the demands of its borrowers."
Carroll Quigley in his book "Tragedy and Hope"
"Instrumental in control of economics by the rich has been the debt-based monetary system, where credit is treated as the monopoly of private financial interests who in turn control governments, intelligence services and military establishments. Politicians are bought and sold, elected or removed, or even assassinated for this purpose. The global monetary system is tightly controlled and coordinated at the top by the leaders of the central banks who work for the world's richest people."
Andrew Gavin Marshall, Global Research
"World War I created astronomical debts in the nations that participated. These debts were held by the international bankers who organized and stage-managed the whole show from start to finish.
... In the fall of 1929 it was time for the international bankers to push the button that set in motion the machinery that resulted in World War II. After they, their agents and friends had sold out at the crest of an artificially inflated stock market boom, the international bankers pulled the rug out from under the whole system and sent the United States plunging into what became known as the Great Depression."
... In the fall of 1929 it was time for the international bankers to push the button that set in motion the machinery that resulted in World War II. After they, their agents and friends had sold out at the crest of an artificially inflated stock market boom, the international bankers pulled the rug out from under the whole system and sent the United States plunging into what became known as the Great Depression."
Des Griffin in his book "Descent Into Slavery?
"British financiers took the power of controlling the markets of the world... Loans to foreign countries are organized and arranged by the City of London ... solely in order to increase indebtedness upon which the City thrives and grows rich .... This national and mainly international dictatorship of money plays off one country against another."
Vincent Cartwright Vickers, 1910
"The Western banking system controls a worldwide electronic banking network. The control of money creation at a world level constitutes the ultimate instrument of economic and social domination. The creation of fiat money provides a command over the real economies of countries worldwide. The ultimate lever of the U.S.-NATO imperial design is to override and destroy national currencies."
Michel Chossudovsky
"The U.S. bailout ... shows that countries do not need to borrow credit from foreign banks at all. The government could have created its own money and credit system rather than leaving foreign creditors to accrue interest charges that now represent a permanent and seemingly irreversible balance-of-payments drain. The United States has shown that any country can monetize its own credit, at least domestic credit."
Michael Hudson and Jeffrey Sommers, 2008
"When governments fall into the trap of accepting loans in foreign currencies, they become "debtor nations" subject to IMF and BIS [Bank for International Settlements] regulation. They are forced to divert their production to exports, just to earn the foreign currency necessary to pay the interest on their loan."
Andrew Gavin Marshall
" America is the largest debtor nation, and at the same time it is the world's creditor. "Creating money out of thin air", while at the same time imposing the U.S. dollar as a global currency constitutes the ultimate instrument of conquest and imperial domination.
The U.S. monetary system is supported by the most powerful military power on earth. The dollar is backed by U.S. military might, which constitutes a means for displacing national currencies and imposing the U.S. dollar. In this regard, the Federal Reserve's overwhelming powers of money creation constitute an essential lever of an imperial monetary agenda.
... The Western banking system controls a worldwide electronic banking network. The control of money creation at a world level constitutes the ultimate instrument of economic and social domination. The creation of fiat money provides a command over the real economies of countries worldwide. The ultimate lever of the U.S.-NATO imperial design is to override and destroy national currencies."
The U.S. monetary system is supported by the most powerful military power on earth. The dollar is backed by U.S. military might, which constitutes a means for displacing national currencies and imposing the U.S. dollar. In this regard, the Federal Reserve's overwhelming powers of money creation constitute an essential lever of an imperial monetary agenda.
... The Western banking system controls a worldwide electronic banking network. The control of money creation at a world level constitutes the ultimate instrument of economic and social domination. The creation of fiat money provides a command over the real economies of countries worldwide. The ultimate lever of the U.S.-NATO imperial design is to override and destroy national currencies."
Michel Chossudovsky in his book "The Global Economic Crisis"
"The US is bankrupt. However, the US dollar remains the world reserve currency. This means that the US can print money to pay its bills. As long as the world accepts the dollar as world reserve currency, the US will be able to continue its wars."
Paul Craig Roberts
"In 1694, the Bank of England was formed as a private central bank, which would issue the currency of the nation, lending it to the government and industry at interest, which would be paid back to the Bank of England's shareholders, made up of these private banking dynasties. The 16th to the 19th centuries was the period in which both the nation-state and capitalism emerged, soon followed by central banking in the late 1600s. This is when the origins of what was known as a "world economy" took place."
Andrew Gavin Marshall in his book "Global Power and Global Government"
"A cartel of the most powerful international banks - the current primary dealers of the Federal Reserve System - hold a monopoly position in international banking. They have power over the entire economy. They sit at the top of the world's monetary system, currently the Fed's debt-dollar pyramid, with a governmental license to what has been the most secure capital in the world - US Treasury debt - for a monopoly price that nobody else can get."
Damon Vrabel
MONEY LAUNDERINGHUGE PROFITS FROM GLOBAL BANKING'S LIFE SUPPORT SYSTEM 
"Drugs smugglers, terrorists and other criminals use exactly the same offshore mechanisms and subterfuges - shell banks, trusts, dummy corporations - that corporations use."
Nicholas Shaxson in his book "Treasure Islands: Tax Havens and the Men Who Stole the World"
"The City of London is the money-laundering centre of the world's drug trade. In addition, due to incredibly lax financial laws by the British government, the London property market is built largely on the laundered money of crime from all over the world involving hidden tax havens, most of which are British."
Graham Vanbergen
"The Hong Kong and Shanghai Bank (HSBC), remains the largest and least controlled clearinghouse bank for the opium trade."
John Coleman in his book "Conspirators' Hierarchy: The Story of the Committee of 300"
"The City of London and Wall Street are the two largest centers for money laundering in the world, where drug cartels are able to transform their criminally acquired cash into legal money."
Martin Berger, 2016
"Laundered proceeds of drug trafficking, racketeering, corruption, and terrorism tag along with other forms of dirty money to which the United States and Europe lend a welcoming hand."
Nicholas Shaxson in his book "Treasure Islands: Tax Havens and the Men Who Stole the World"
"New York and London... have become the world's two biggest laundries of criminal and drug money, and offshore tax havens. Not the Cayman Islands, not the Isle of Man or Jersey. The big laundering is right through the City of London and Wall Street."
Martin Woods, bank money laundering investigator, Observer newspaper, 2011
"In Britain, the MI-6 drug money is laundered through the Bank of England, Barclays Bank and other household name companies. The drug money is passed from account to account until its origins are lost in a huge web of transactions.
The drug money comes out 'cleaner' but not totally clean. Diamonds are then bought with this money from the diamond business families like the Oppenheimers. These diamonds are then sold and the drug money is clean."
The drug money comes out 'cleaner' but not totally clean. Diamonds are then bought with this money from the diamond business families like the Oppenheimers. These diamonds are then sold and the drug money is clean."
James Casbolt, former MI-6 Agent
"The Vatican played a key role in the emergence of the cocaine trade in the 1970s by offering the drug cartels its money-laundering service in exchange for stiff fees. To initiate this process, the Holy See established a chain of shell companies in Panama and the Bahamas that transferred deposits from the cartels to Banco Ambrosiano and other Italian banks. From these private and parochial banks, the money flowed to the IOR (the Vatican Bank) and from the IOR to financial firms in Switzerland, Luxembourg, and Liechtenstein."
Paul L. William in his book "Operation Gladio", 2015
"British Overseas Territories and Crown Dependencies make up around 25 per cent of the world's tax havens.
Tax havens include Anguilla, Bermuda, the British Virgin Islands, the Cayman Islands, Montserrat and the Turks and Caicos Islands to name just a few and each is inextricably linked to the City of London's crime offices.
The consequence of its operations is that money laundering is now at such levels and so widespread that the authorities have recently admitted defeat in its battle of attrition by stating openly it has been completely overwhelmed and lost control."
Tax havens include Anguilla, Bermuda, the British Virgin Islands, the Cayman Islands, Montserrat and the Turks and Caicos Islands to name just a few and each is inextricably linked to the City of London's crime offices.
The consequence of its operations is that money laundering is now at such levels and so widespread that the authorities have recently admitted defeat in its battle of attrition by stating openly it has been completely overwhelmed and lost control."
Graham Vanbergen
"The next time you see those lovely advertisements of Swiss ski slopes, beautiful watches, pristine mountains and cuckoo clocks - that is not what Switzerland is about. It is about multi-billion dollar money laundering which is carried out by major Swiss banking houses."
John Coleman in his book "The Committee of 300"\
"Gold is so important to the entire drug trafficking business that the metal's price is pegged to the price of raw opium in the Golden Triangle highlands. The escalation of the gold price has been so steady that all the numbers regarding the size of the opium trade may be gross underestimates."
www.bibliotecapleyades.net "How the Drug Empire Works"
"A large share of the multibillion dollar revenues of narcotics are deposited in the Western banking system. Most of the large international banks together with their affiliates in the offshore banking havens launder large amounts of narco-dollars."
Michel Chossudovsky in the book "The Global Economic Crisis"
"Vast quantities of gold are absorbed into the Asian drug trade - an inestimable percentage of the 400 to 600 tons of the metal that pass through the orient in a year, mainly through Hong Kong, and mainly through subsidiaries of the HongShang [HSBC]. The trade could not run without it and other precious, portable, untraceable substances-like diamonds."
www.bibliotecapleyades.net "How the Drug Empire Works"
"London is an international financial center that services millions of transactions with a total worth of hundreds of billions of pounds every year, while offering the most sophisticated financial services on Earth. But, at the same time, the British capital is the center of the global offshore system.
In 2015, the National Crime Agency published an influential report that stated that criminals launder hundreds of billions of dollars using UK banks and their branches.
Transparency UK which released a report in March 2015 that stated that London's real estate market is being used to conceal illegal income and launder money obtained through bribes. It noted that 36,342 properties covering 2.2 square miles of London - an area twice the size of London's financial district - are owned by shell companies, while 75 per cent of UK properties, currently being investigated because of corruption, are registered in secret safe havens."
In 2015, the National Crime Agency published an influential report that stated that criminals launder hundreds of billions of dollars using UK banks and their branches.
Transparency UK which released a report in March 2015 that stated that London's real estate market is being used to conceal illegal income and launder money obtained through bribes. It noted that 36,342 properties covering 2.2 square miles of London - an area twice the size of London's financial district - are owned by shell companies, while 75 per cent of UK properties, currently being investigated because of corruption, are registered in secret safe havens."
Martin Berger, 2016
"The City of London, with its own borders and police force, sits within the Isles of Britain as an international hub, the tax haven of all tax havens. The banks use offshore business organisations to escape regulation and the grip these organisations have over an ever weakened and corrupt political class is utterly astounding. The Conservative party is literally bankrolled by bankers and hedge funds. Half of the wealthiest hedge fund managers in the land pay millions each year to the Tories. This is neoliberalism out of control."
Graham Vanbergen
"The retail proceeds of the total drug traffic in the United States are partly recycled into the drug operation in the United States itself, with large "off-take" by each level of the crime machine. The net profits, in cash, are laundered through hotels, restaurants, gambling casinos, and sports events.
... After the cash is laundered through these nominally legitimate channels, it is transferred to offshore banking operations or their equivalent. Then, the funds take several trips around the world over the telex machines of offshore banks, passing through at least a half dozen, and usually more, different bank accounts and corporate fronts, from the Caymans to Liechtenstein, from Liechtenstein to the Bahamas, from the Bahamas to a "nonresident corporation" in Canada, from Canada to Panama, and so forth.
At various points in the process, the funds will purchase diamonds, gold, paintings, or similar portable valuables. At a further point, the valuables will be translated back into cash, eliminating even the trace of a bank transfer. "
... After the cash is laundered through these nominally legitimate channels, it is transferred to offshore banking operations or their equivalent. Then, the funds take several trips around the world over the telex machines of offshore banks, passing through at least a half dozen, and usually more, different bank accounts and corporate fronts, from the Caymans to Liechtenstein, from Liechtenstein to the Bahamas, from the Bahamas to a "nonresident corporation" in Canada, from Canada to Panama, and so forth.
At various points in the process, the funds will purchase diamonds, gold, paintings, or similar portable valuables. At a further point, the valuables will be translated back into cash, eliminating even the trace of a bank transfer. "
www.bibliotecapleyades.net "How the Drug Empire Works"
"[It has been estimated that] 80 percent of the profits from drug trafficking ends up in the banks of the wealthy countries or their branches in the underdeveloped countries."
Peter Dale Scott, 2003
"No government has ever touched the system which allowed [the drug trade to develop]. At best, a few accounts here and there have been seized. To this day, money-laundering is not even a criminal offense in 8 out of the 15 industrial nations. In the United States, the center of the problem, government action, is a joke: No top management has ever been charged or prosecuted for criminal money-laundering activity."
DOPE, INC.: the international drug cartel, money-laundering, and state power, 1992
"Corruption and financial crimes have deep roots in the UK, and all sorts of criminals across the world are perfectly aware of the fact that they can find a financial safe heaven in London.
While UK authorities, like their colleagues across the Atlantic, are declaring their determination to fight corruption, in reality they keep providing criminals of all kinds the ideal safe haven for laundering their money in London and New York."
While UK authorities, like their colleagues across the Atlantic, are declaring their determination to fight corruption, in reality they keep providing criminals of all kinds the ideal safe haven for laundering their money in London and New York."
Martin Berger, 2016
"Swiss banks are notorious depots for dirty money."
www.bibliotecapleyades.net "How the Drug Empire Works"
"The large international banks that finance the drug trade, get it and launder it, using it to prop up their bankrupt international financial system."
DOPE, INC.: the international drug cartel, money-laundering, and state power, 1992
"Switzerland remains one the world's biggest repositories for dirty money. In 2009 it hosted about $2.1 trillion in offshore accounts owned by non-residents, about half from Europe. This had been $3.1 trillion in 2007 before the global financial crisis."
Nicholas Shaxson in his book "Treasure Islands: Tax Havens and the Men Who Stole the World"
"Most of the dirty money arising from the U.S. drug trade and related illegal activities ends up in the Bahamas."
www.bibliotecapleyades.net "How the Drug Empire Works"
"Money laundering, according to IMF estimates for the 1990s, was between 590 billion and 1.5 trillion dollars a year. The proceeds of the drug trade are deposited in the banking system. Drug money is laundered in the numerous offshore banking havens in Switzerland, Luxembourg, the British Channel Islands, the Cayman Islands and some 50 other locations around the globe. It is here that criminal syndicates involved in the drug trade and the representatives of the world's largest commercial banks interact. Dirty money is deposited in these offshore havens, which are controlled by major Western banks and financial institutions which have a vested interest in maintaining and sustaining the drug trade."
Michel Chossudovsky in his book "America's War on Terrorism"
"Over the past couple of decades, London's accountants and lawyers have helped launder billions of dollars of stolen money through the British Virgin Islands, among other British overseas territories. The British property market, like the New York property market, has long functioned like an old-fashioned Swiss bank, providing safe real estate investments for owners who wish their identities and their sources of income to be hidden.
In rich Western states, like the UK and US, governments often lend a helping hand to various criminal organizations that seek ways to launder money stolen from budgets and aid programs of various countries. In order to prevent the officials of those robbed states from accessing those funds, Western authorities often create large commercial entities that serve the sole purpose of hiding this money. In a number of US states like Delaware, New Mexico, Nevada and Wyoming, along with the British Virgin Islands, anonymous investors can register a countless number of companies, without being subjected to any form of screening by local authorities."
In rich Western states, like the UK and US, governments often lend a helping hand to various criminal organizations that seek ways to launder money stolen from budgets and aid programs of various countries. In order to prevent the officials of those robbed states from accessing those funds, Western authorities often create large commercial entities that serve the sole purpose of hiding this money. In a number of US states like Delaware, New Mexico, Nevada and Wyoming, along with the British Virgin Islands, anonymous investors can register a countless number of companies, without being subjected to any form of screening by local authorities."
Martin Berger, 2016
"Hong Kong was set up by the British, literally from bare rock, as a center for the drug trade, and remains to this day purely British, and purely a center for the drug trade... Britain (and its China allies) run every phase of international drug traffic... Hong Kong and related Far East operations are the chokepoint in the entire traffic, where dirty money is a way of life."
www.bibliotecapleyades.net "How the Drug Empire Works"
"A competent war on drugs must begin with a war a
"A competent war on drugs must begin with a war a
DOPE, INC.: the international drug cartel, money-laundering, and state power, 1992
"Money laundering is simply everywhere. On the grand scale, it's endemic to banking... Money laundering is not some distant fantasy. It's actually how you handle the profits of extortion, tax evasion, criminal conspiracy and huge quantities of drug money, how you get that into the white sector... We pay vast sums of money to agencies that are supposed to stop money laundering. It doesn't happen."
author John le Carre
"The large international banks that finance the drug trade, get it and launder it, using it to prop up their bankrupt international financial system."
from the book "DOPE, INC.: the international drug cartel, money-laundering, and state power", 1992
"Drug profits are secured through the ability of the drug cartels to launder and transfer billions of dollars through the US banking system. The scale and scope of the US banking-drug cartel alliance surpasses any other economic activity of the US private banking system."
James Petras
"Narco-dollars are channeled into "private banking" accounts in numerous offshore banking havens controlled by the large Western banks and financial institutions. The major Wall Street and European banks and stock brokerage firms launder billions of dollars resulting from the trade in narcotics."
"The Destabilization of Haiti" an article by Michel Chossudovsky
"The United States is the world leader in global money laundering. According to the Department of Justice, the US launders between $500 billion - $1 trillion annually."
"Narco-Dollars For Beginners" an article by Catherine Austin Fitts
"Vast quantities of gold are absorbed into the Asian drug trade - an inestimable percentage of the 400 to 600 tons of the metal that pass through the orient in a year, mainly through Hong Kong, and mainly through subsidiaries of the HongShang [HSBC]. The drug trade could not run without it and other precious, portable, untraceable substances-like diamonds."
www.bibliotecapleyades.net "How the Drug Empire Works"
"Only low echelon drug dealers get caught with drug money in their hands. The elite - Drexel Burnham, Credite Suisse, Hong Kong and Shanghai Bank (HSBC) - escape detection... American Express was and still is a conduit for laundering drug money."
John Coleman in his book "Conspirators' Hierarchy: The Story of the Committee of 300"
"A competent war on drugs must begin with a war against the banking institutions and bankers who 'launder' Dope, Inc.'s ill-gotten gains...Shut down the drug money-laundering by the major Anglo-American banks, and the dope cartel would choke to death on its own profits... Dope, Inc.'s vulnerable flank is the international network of banks and other financial institutions that 'launder' the cartel's $558 billion per year in gross revenue... Action by governments against the drug bankers could rapidly shut down Dope, Inc."
from the book "Dope. Inc.", Executive Intelligence Review,1978
"If 700 billion dollars a year in illegal drug money is moved and laundered through the American and world economy, that money benefits financial markets and especially Wall Street. That's the reason for maintaining the illegal drug trade."
Daniel Estulin in hius book "Shadow Masters"
"No government has ever touched the system which allowed the drug trade to develop. Money-laundering is not even a criminal offense in 8 out of the 15 industrial nations. In the United States, the center of the problem, government action, is a joke: No top management has ever been charged or prosecuted for criminal money-laundering activity."
from the book "DOPE, INC.: the international drug cartel, money-laundering, and state power", 1992
"A large share of the multibillion dollar revenues of narcotics are deposited in the Western banking system. Most of the large international banks together with their affiliates in the offshore banking havens launder large amounts of narco-dollars."
Michel Chossudovsky in the book "The Global Economic Crisis"
"Washington's "war on drugs" is directed towards increasing U.S. power in Latin America. The use of drug money laundered through U.S. banks finances Washington's trade imbalances, while the drug war increases Washington's general influence over economic policy, allowing U.S.-based transnational corporations (TNCs) to buy Latin American public enterprises at scandalously low prices and to penetrate markets."
"Globalization Unmasked" an araticle by James Petras and Henry Veltmeyer
"The British Crown Colony of Hong Kong, with the British Hongkong and Shanghai Banking Corporation (HSBC) at the top, is considered the number-one money-laundering center for the heroin trade. Illegal drugs are the biggest business in the Far East -- and close to being the biggest business in the world -- but in Hong Kong, drugs do not merely dominate the economy: They are the economy."
from the book "DOPE, INC.: the international drug cartel, money-laundering, and state power", 1992
"Drug money was the only liquid investment capital available to banks on the brink of collapse, with roughly $325 billion in drug money absorbed by the financial system... In the second half of 2008, liquidity was the banking system's main problem and hence liquid capital became an important factor. Interbank loans were funded by money that originated from drug trade and other illegal activities."
Antonio Maria Costa, the head of United Nation's Office on Drugs and Crime
"The Bank of International Settlements (BIS) and the IMF are nothing more than bully-boy clearing houses for the drug trade. The BIS undermines any country that the IMF wants to sink by setting up ways and means for the easy outflow of flight capital. Nor does BIS recognize nor make any distinction when it comes down to what is flight capital and what is laundered drug money.
The BIS operates on gangster lines. If a country will not submit to asset-stripping by the IMF, then it says in effect, "Right, then we will break you by means of the huge cache of narco-dollars we are holding." It is easy to understand why gold was demonetized and substituted with the paper "dollar" as the world's reserve currency. It is not as easy to blackmail a country holding gold reserves as it is one having its reserves in paper dollars."
The BIS operates on gangster lines. If a country will not submit to asset-stripping by the IMF, then it says in effect, "Right, then we will break you by means of the huge cache of narco-dollars we are holding." It is easy to understand why gold was demonetized and substituted with the paper "dollar" as the world's reserve currency. It is not as easy to blackmail a country holding gold reserves as it is one having its reserves in paper dollars."
John Coleman in his book "Conspirators' Hierarchy: The Story of the Committee of 300"
"Some of the world's leading private financial institutions are deeply implicated in the laundering of hundreds of billions of dollars a year in illegal dope money... Illegal drugs are the largest commodity in international trade, with the exception of petroleum, and the annual revenues of the narcotics traffic exceeds the national product of most of the world's nations, and the revenues of the largest multinational companies."
from the book "DOPE, INC.: the international drug cartel, money-laundering, and state power", 1992
"Banks act as clearing houses and money launderers of billions of dollars derived from drug money. The main "big name banks" are:
· The Bank of England
· The Federal Reserve Banks
· Bank of International Settlements
· The World Bank
· The Hong Kong and Shanghai Bank
· American Express
· The Federal Reserve Banks
· Bank of International Settlements
· The World Bank
· The Hong Kong and Shanghai Bank
· American Express
American Express Bank Travelers checks are a convenient method of recycling drug dollars. Each of these banks is affiliated with and/or controls hundreds of thousands of large and small banks throughout the world."
John Coleman in his book "The Committee of 300"
"The best-protected institutions of the British oligarchy prefer to launder their dirty money through Caribbean, Hong Kong, and similar branch operations, rather than in London itself."
www.bibliotecapleyades.net - How the Drug Empire Works
MONOPOLY CAPITALISM"COMPETITION IS A SIN."
"John D. Rockefeller J. P. Morgan, and other kingpins of the Money Trust were powerful monopolists. A monopolist seeks to eliminate competition. In fact, Rockefeller once said: "Competition is a sin." These men were not free enterprise advocates."
James Perloff in his book "The Shadows of Power: The Council on Foreign Relations and the American Decline"
"The philosophy of Wall Street financiers was anything but laissez-faire competition, which was the last system they envisaged. Socialism, communism, fascism or their variants were acceptable. The ideal for these financiers was "cooperation," forced if necessary. Individualism was out, and competition was immoral... compulsory cooperation was their golden road to a legal monopoly."
Antony C. Sutton in his book "Wall Street and FDR", 1976
"If you wanted to control the nation's manufacturing, commerce, finance, transportation and natural resources, you would need only to control the apex, the power pinnacle, of an all-powerful socialist government. Then you would have a monopoly and could squeeze out all your competitors. If you wanted a national monopoly, you must control a national socialist government. If you want a worldwide monopoly, you must control a world socialist government.
That is what the game is all about. "Communism" is not a movement of the downtrodden masses but is a movement created, manipulated and used by power-seeking billionaires in order to gain control over the world ... first by establishing socialist governments in the various nations and then consolidating them all through a "Great Merger," into an all-powerful world, socialist super-state."
That is what the game is all about. "Communism" is not a movement of the downtrodden masses but is a movement created, manipulated and used by power-seeking billionaires in order to gain control over the world ... first by establishing socialist governments in the various nations and then consolidating them all through a "Great Merger," into an all-powerful world, socialist super-state."
Gary Allen in his book "None Dare Call It Conspiracy"
"The rules of big business: Get a monopoly; let Society work for you. So long as we see all international revolutionaries and all international capitalists as implacable enemies of one another, then we miss a crucial point - a partnership between international monopoly capitalism and international revolutionary socialism is for their mutual benefit."
Frederick C. Howe, in his book "Confessions of a Monopolist", 1906
"Capitalist competition naturally evolved into monopoly capitalism, as the winners of the free-market took over their competitors' businesses and machinery. The free market soon became the private property of the mega-corporations."
Shamus Cooke
"Monopoly capitalism is impossible unless you have a government with the power to strangle would-be competitors.
The easiest way to control or eliminate competitors is not to let them in the marketplace, but to use the power of government to exclude them from the marketplace. If you wish to control commerce, banking, transportation, and natural resources on a national level, you must control! the federal government. If you and your clique wish to establish worldwide monopolies, you must control World Government."
The easiest way to control or eliminate competitors is not to let them in the marketplace, but to use the power of government to exclude them from the marketplace. If you wish to control commerce, banking, transportation, and natural resources on a national level, you must control! the federal government. If you and your clique wish to establish worldwide monopolies, you must control World Government."
Gary Allen in his book "The Rockefeller File"
"The objective of the financial elite is monopoly acquisition of wealth - corporate socialism. It thrives on the political process, and it would fade away if it were exposed to the activity of a free market."
Antony C. Sutton in his book "Wall Street and FDR", 1976
"It is through the Council on Foreign Relations (CFR) that the international bankers and the global intelligence community mingle. The bankers and the spooks share a common goal of keeping the world safe for global monopoly capitalism and often intelligence operatives are recruited from the banking houses where their loyalties to the banking elite have been thoroughly tested."
Dean Henderson in his book "Big Oil & Their Bankers In The Persian Gulf"
"The Nazi state is a dictatorship of monopoly capitalism. Its 'fascism' is that of business enterprise organized on a monopoly basis, and in full command of all the military, police, legal and propaganda power of the state."
economist Robert Brady
"John D. Rockefeller and his 19th century fellow-capitalists were convinced of one absolute truth: that no great monetary wealth could be accumulated under the impartial rules of a competitive laissez faire society. The only sure road to the acquisition of massive wealth was monopoly: drive out your competitors, reduce competition, eliminate laissez-faire, and above all get state protection for your industry through compliant politicians and government regulation. This last avenue yields a legal monopoly, and a legal monopoly always leads to wealth."
Antony C. Sutton in his book "Wall Street and FDR", 1976
"The Round Table Group wanted to control the people by having the government tax people and deposit the peoples money in a central bank. The Group would take control of the bank and therefore have control of the money. The Group would take control of the State Department and formulate government policy, which would determine how the money was spent. The Group would control the CIA which would gather information about people, and script and produce psycho-political operations focused at the people to influence them to act in accord with Round Table Group State Department policy decisions. The Group would work to consolidate all the nations of the world into a single nation, with a single central bank under their control, and a single International Security System. Some of the first legislation of the Wilson Administration was the institution of the graduated income tax (1913) and the creation of a central bank called the Federal Reserve. An inheritance tax was also instituted. These tax laws were used to rationalize the need for legislation that allowed the establishment of tax-exempt foundations. The tax-exempt foundations became the link between the Group member's private corporations and the university system. The Group would control the universities by controlling the sources of their funding. The funding was money sheltered from taxes that was channeled in ways which would help achieve Round Table Group aims."
Colonel Edward Mandell House - www.gemworld.com/
Corporate socialism is a system where those few who hold the legal monopolies of financial and industrial control profit at the expense of all others in society."
Antony C. Sutton in his book "Wall Street and FDR", 1976
"Get a monopoly; let society work for you; and remember that the best of all business is politics, for a legislative grant, franchise, subsidy or tax exemption is worth more than a Kimberly or Comstock lode, since it does not require any labor, either mental or physical, for its exploitation."
Frederick C Howe, in his book Confessions of a Monopolist, 1906
"John D. Rockefeller was a Machiavellian who boasted that he hated competition. Whenever he could, Rockefeller used the government to promote his own interests and to hinder his competitors. Monopoly capitalism is impossible unless you have a government with the power to strangle would-be competitors.
The easiest way to control or eliminate competitors is not to best them in the marketplace, but to use the power of government to exclude them from the marketplace. If you wish to control commerce, banking, transportation, and natural resources on a national level, you must control! the federal government. If you and your clique wish to establish worldwide monopolies, you must control World Government."
The easiest way to control or eliminate competitors is not to best them in the marketplace, but to use the power of government to exclude them from the marketplace. If you wish to control commerce, banking, transportation, and natural resources on a national level, you must control! the federal government. If you and your clique wish to establish worldwide monopolies, you must control World Government."
Gary Allen in his book "The Rockefeller File"
"Without the monopoly concentration of mass media, there can be no modern propaganda. For propaganda to thrive, the media must remain concentrated, news agencies and services must be limited, the press must be under central command, and radio, film, and television monopolies must pervade."
"Without the monopoly concentration of mass media, there can be no modern propaganda. For propaganda to thrive, the media must remain concentrated, news agencies and services must be limited, the press must be under central command, and radio, film, and television monopolies must pervade."
Nancy Snow
"There is only one way to make all wealth-producing activity dependent on corrupt privilege and beholden to corrupt power. That is to turn all wealth-producing activity into monopoly enterprise. And that is the reason we have a monopoly system today. It is the economy deliberately created by the party oligarchs in the interests of oligarchic power.
... It is just because monopoly is absolutely dependent on special privilege that the party oligarchs first created and today sustain monopoly, for all the wealth in the country that derives from monopoly wealth is privileged wealth, wealth allied to those who can dispense and protect special privilege."
... It is just because monopoly is absolutely dependent on special privilege that the party oligarchs first created and today sustain monopoly, for all the wealth in the country that derives from monopoly wealth is privileged wealth, wealth allied to those who can dispense and protect special privilege."
Walter Karp in his book "Indispensable Enemies"
OILBIG OIL = BIG PROFITS AND BIG POWER
"The oil market is now cornered by five major companies - Exxon-Mobil, Chevron-Texaco, British Petroleum-Amoco-Arco, Royal Dutch Shell and Conoco-Phillips - which control over 60 percent of refinery output.
... The operating strategy ... is to force independent refiners out of business, tighten gasoline supplies, and then jack up the price. Finally, when the profit skyrockets, take ads in newspapers to claim that the profit is reasonable."
... The operating strategy ... is to force independent refiners out of business, tighten gasoline supplies, and then jack up the price. Finally, when the profit skyrockets, take ads in newspapers to claim that the profit is reasonable."
Ravi Batra in his book "The New Golden Age", 2007
"Bank of America, JP Morgan Chase, Wells Fargo, Citigroup own Shell, Chevron, British Petroleum, Exxon, in tandem with Deusche Bank, Banque Paribas, Barclays and other European old money behemoths."
"Bank of America, JP Morgan Chase, Wells Fargo, Citigroup own Shell, Chevron, British Petroleum, Exxon, in tandem with Deusche Bank, Banque Paribas, Barclays and other European old money behemoths."
Dean Henderson in his book "Big Oil & Their Bankers in the Persian Gulf"
"The Rothschild, Rockefeller and Warburg banking combines control Big Oil... Royal Dutch/Shell is controlled by the Rothschild, Oppenheimer, Nobel and Samuel families along with the British House of Windsor and the Dutch House of Orange."
Dean Henderson from his book "Big Oil & Their Bankers In The Persian Gulf"
"Control oil and you control nations."
Henry Kissinger
"If you want to know who rules the world, just think of two words: "Oil Bankers." The western financial institutions that dominate the world economy can all be traced back to fossil fuels. The House of Rockefeller, tied in with Exxon-Mobil, sucessor of Standard Oil, along with the House of Morgan now exercise their titanic power via an entity called Chase Bank. HSBC Bank is closely tied to British Petroleum. The British banking dynasty known as the Rothschilds is closely tied in with Royal Dutch Shell."
Caleb Maupin, 2018
"The Four Horsemen of Oil [British Petroleum, Royal Dutch Shell, ChevronTexaco, ExxonMobil] are the top four retailers of gas in the US and own every major pipeline in the world and the vast majority of oil tankers... Today they control over half the world's uranium reserves, key to fueling nuclear power plants... Exxon Mobil is the leading coal producer in the US and has the second largest coal reserves."
Dean Henderson from his book "Big Oil & Their Bankers In The Persian Gulf"
"The Persian Gulf/Caspian Sea area is where most of the world's remaining oil is located - approximately 70 percent of known petroleum reserves. Whoever controls Persian Gulf oil controls the world's economy."
Michael Klare in his book "Pox Americana"
"The Swedish Nobel and French Rothschild families discovered oil in Russia through their Far East Trading Company, which later combined with Oppenheimer family interests to become Shell Oil. The Dutch House of Orange joined forces with the British House of Windsor in the Dutch East Indies to launch Royal Dutch Petroleum (Shell)."
Dean Henderson in his book "Big Oil & Their Bankers In The Persian Gulf"
"Since the Bush-Cheney Administration took office in January 2001, controlling the major oil and natural gas fields of the world had been the primary, though undeclared, priority of US foreign policy."
F. William Engdahl
"Drug networks are important factors in the politics of every continent. The United States returns repeatedly to the posture of fighting wars in areas of petroleum reserves with the aid of drug-trafficking allies - drug proxies - with which it has a penchant to become involved."
Peter Dale Scott in his book "Drugs, Oil, and War: The United States in Afghanistan, Colombia, and Indochina"
"Bank of America, JP Morgan Chase, Wells Fargo, Citigroup own Shell, Chevron, British Petroleum, Exxon, in tandem with Deusche Bank, Banque Paribas, Barclays and other European old money behemoths."
Dean Henderson in his book "Big Oil & Their Bankers in the Persian Gulf"
"Since the Bush-Cheney Administration took office in January 2001, controlling the major oil and natural gas fields of the world had been the primary, though undeclared, priority of US foreign policy... Not only the invasion of Iraq, but also the toppling of the Taliban in Afghanistan, had nothing to do with 'democracy,' and everything to do with pipeline control across Central Asia and the militarization of the Middle East."
F. William Engdahl
"The dollar's current strength is supported by the requirement of the Organization of the Petroleum Exporting Countries (OPEC), secured originally by a secret agreement between the United States and Saudi Arabia, that all OPEC oil sales be denominated in dollars."
Peter Dale Scott in his book "The Road to 9/11"
"Everyone knows: the Iraq war is largely about oil."
Alan Greenspan, former chairman of the Federal Reserve, 2008
"We must never make it appear as if we went into Iraq for its oil."
Republican Arizona Senator Jon Kyl
"The United States handled the quadrupling of oil prices in the 1970s by arranging, by means of secret agreements with the Saudis, to recycle petrodollars back into the U.S. economy. The first of these deals assured a special and ongoing Saudi stake in the health of the U.S. dollar; the second secured continuing Saudi support for the pricing of all OPEC oil in dollars. These two deals assured that the U.S. economy would not be impoverished by OPEC oil price hikes. The heaviest burdens would be borne instead by the economies of less developed countries."
Peter Dale Scott, 2003
"One of the verboten topics is oil. Do you notice how it is almost never mentioned in the press as a real reason we went into Iraq. When is the last time you heard any major media outlet talking about it? Was there ever a magazine cover that asked -- Was it About the Oil? Can you imagine Wolf Blitzer asking this question of a government official?
... Do Americans realize that the rest of the world, is absolutely convinced we went in for the oil?
... Do Americans realize that the rest of the world, is absolutely convinced we went in for the oil?
Cenk Uygur, 2008
"We had virtually no economic options with Iraq, because the country floats on a sea of oil."
Paul Wolfowitz, 2008
"Only in an America dumbed down by constant propaganda about our innate moral superiority will anyone any longer believe that we didn't invade Iraq for the oil."
Robert Scheer, 2008
"The United States is not interested in the oil in that region from Iraq. That's just utter nonsense."
Donald Rumsfeld, US. Secretary of Defense, interview with Al Jazeera TV, February 25, 2003
"We're there in Iraq because that part of the world controls the world supply of oil, and whoever controls the supply of oil would have a stranglehold on the American economy and indeed on the world economy."
Secretary of Defense Dick Cheney, 1990
"Regardless of whether we say so publicly, we will go to war, because Saddam sits at the center of a region with more than 60 percent of all the world's oil reserves."
Anthony H. Cordesman, senior analyst at Washington's Center for Strategic and International Studies
"After U.S. troops captured Baghdad in April 2003, they were ordered to protect the Oil Ministry even as looters ransacked priceless antiquities from Iraq's national museums and stole explosives from unguarded military arsenals."
Jason Leopold, Global Research, 2009
"The US-led war in the broader Middle East Central Asian region consists in gaining control over more than sixty percent of the world's reserves of oil and natural gas. The Anglo-American oil giants also seek to gain control over oil and gas pipeline routes out of the region. Muslim countries including Saudi Arabia, Iraq, Iran, Kuwait, the United Arab Emirates, Qatar, Yemen, Libya, Nigeria, Algeria, Kazakhstan, Azerbaijan, Malaysia, Indonesia, Brunei, possess between 66.2 and 75.9 percent of total oil reserves."
Michel Chossudovsky, 2012
"Right after World War II ... the United States moved to dominate a global system for the production and distribution of oil. Starting with the Truman Doctrine in 1946, U.S. geostrategic thinking was oil based. What began as a strategy for containment of the Soviet Union has become more and more nakedly a determination to control the oil resources of the world. This pursuit has progressively deformed the domestic U.S. economy, rendering it more and more unbalanced and dependent on heavy military expenditures in remote and ungovernable areas-most recently Afghanistan."
Peter Dale Scott, 2003
"Washington and the New York banks had exchanged their flawed postwar Bretton Woods gold exchange system for a new, highly unstable petroleum-based dollar exchange system, which, unlike the gold exchange system, they reckoned they could control. Henry Kissinger and the financial establishment of London and New York had in effect replaced the old gold exchange standard of the postwar world with their own 'petrodollar standard.'"
William Engdahl in his book "A Century of War"
"The American habit of training, arming, and financing its drug-trafficking allies in order to help secure oil resources abroad has been a major factor in the huge increase in global illicit drug trafficking since World War II."
Peter Dale Scott, 2003
PANICS, DEPRESSIONS AND FINANCIAL COUPSRUINING THE LITTLE PEOPLE
"In early 1929, the Federal Reserve board of governors called upon the member banks to reduce their loans on stock-exchange collateral, and took other actions with the publicly pronounced aim of reducing the amount of credit available for speculation. Yet, it had the reverse effect, as the available credit went more and more to speculation and decreasingly to productive business. On September 26, 1929, London was hit with a financial panic, and the Bank of England raised its bank rate, causing British money to leave Wall Street, and the over-inflated market commenced to sag, leading to a panic by mid-October.
The BIS [Bank of International Settlements] was established to remedy the decline of London as the world's financial center by providing a mechanism by which a world with three chief financial centers in London, New York, and Paris could still operate as one.
The BIS was founded by the central banks of Belgium, France, Germany, Italy, the Netherlands, Japan, and the United Kingdom along with three leading commercial banks from the United States, including J.P. Morgan & Company, First National Bank of New York, and First National Bank of Chicago."
The BIS [Bank of International Settlements] was established to remedy the decline of London as the world's financial center by providing a mechanism by which a world with three chief financial centers in London, New York, and Paris could still operate as one.
The BIS was founded by the central banks of Belgium, France, Germany, Italy, the Netherlands, Japan, and the United Kingdom along with three leading commercial banks from the United States, including J.P. Morgan & Company, First National Bank of New York, and First National Bank of Chicago."
Carroll Quigley, historian and Georgetown University professor, in his book "Tragedy and Hope"
"On August 9, 1929 the pin was inserted into the bubble. On that date, the Federal Reserve raised its discount rate to six percent and simultaneously began to sell securities on the open market. Both actions acted to shrink bank reserves and therefore the money supply... The market reached its peak on September 19, then started its slide downward. On October 24 the slide became a torrent, and on October 29, the market collapsed.
While the uninformed were in the process of loosing their shirts, the insiders who had sold out before the crash were now to be found, with cash at the ready, on the buying side. Companies whose stock had dropped to a fraction of their value were still basically viable, but their ownership, in large measure, had been shifted from, to use Andrew Mellon's phrase, the "less competent people," who had been sucked into the speculative maelstrom created by the Fed's easy credit, to the financial elites, who had been made privy to the crash that was around the corner. Great fortunes were made or added to by the latter.
... Virtually all of the inner club was rescued from The Depression. There is no record of any member of the interlocking directorate between the Federal Reserve, the major New York banks, and their prime customers having been caught by surprise."
While the uninformed were in the process of loosing their shirts, the insiders who had sold out before the crash were now to be found, with cash at the ready, on the buying side. Companies whose stock had dropped to a fraction of their value were still basically viable, but their ownership, in large measure, had been shifted from, to use Andrew Mellon's phrase, the "less competent people," who had been sucked into the speculative maelstrom created by the Fed's easy credit, to the financial elites, who had been made privy to the crash that was around the corner. Great fortunes were made or added to by the latter.
... Virtually all of the inner club was rescued from The Depression. There is no record of any member of the interlocking directorate between the Federal Reserve, the major New York banks, and their prime customers having been caught by surprise."
G. Edward Griffin in his book "The Creature from Jekyll Island""
"The depression [of 1929] was the calculated 'shearing' of the public by the World Money powers, triggered by the planned sudden shortage of supply of call money in the New York money market. The One World Government leaders and their ever close bankers have now acquired full control of the money and credit machinery of the U.S. via the creation of the privately owned Federal Reserve Bank."
Curtis Dall, FDR's son-in-law as quoted in his book "My Exploited Father-in-Law"
"Having built the Federal Reserve as a tool to consolidate and control wealth, the international bankers were now ready to make a major killing. Between 1923 and 1929, the Federal Reserve expanded (inflated) the money supply by sixty-two percent. Much of this new money was used to bid the stock market up to dizzying heights.
... On February 6, 1929... the Federal Reserve Board reversed its easy money policy and began raising the discount rate. The balloon which had been inflated constantly for nearly seven years was about to be exploded.
... The investing public, including most stock brokers and bankers, took a horrendous blow in the [1929] crash, but not the [international financial] "Insiders". They were either out of the market or had sold "short" so that they made enormous profits as the Dow Jones plummeted."
... On February 6, 1929... the Federal Reserve Board reversed its easy money policy and began raising the discount rate. The balloon which had been inflated constantly for nearly seven years was about to be exploded.
... The investing public, including most stock brokers and bankers, took a horrendous blow in the [1929] crash, but not the [international financial] "Insiders". They were either out of the market or had sold "short" so that they made enormous profits as the Dow Jones plummeted."
Gary Allen in his book "None Dare Call It Conspiracy"
"When the President signs this act [Federal Reserve Act of 1913], the invisible government by the money power - proven to exist by the Monetary Trust Investigation - will be legalized. The new law will create inflation whenever the trusts want inflation. From now on, depressions will be scientifically created."
Charles A. Lindbergh, Sr., Congressman (R-MN), (father of famous aviator), Senate, Nov. 1912
"The Depression of 1929 was not accidental. It was a carefully contrived occurrence. The international bankers sought to bring about a condition of despair here [United States] so that they might emerge as rulers of us all."
Louis T. McFadden, Chairman of the U.S. House of Representatives' Banking and Currency Committee, 1932
"Capital must protect itself in every possible way, both by combination and legislation. Debts must be collected, mortgages foreclosed as rapidly as possible. When, through the process of law, the common people lose their homes, they will become more docile and more easily governed through the strong arm of government applied by a central power of wealth under leading financiers. These truths are well known among our principal men who are now engaged in forming an imperialism to govern the world. By dividing the voter through the political party system, we can get them to expend their energies in fighting for questions of no importance. It is thus by discreet action we can secure for ourselves that which has been so well planned and so successfully accomplished."
American's Banker Association, 1924
"In the fall of 1929 it was time for the international bankers to push the button that set in motion the machinery that resulted in World War II. After they, their agents and friends had sold out at the crest of an artificially inflated stock market boom, the international bankers pulled the rug out from under the whole system and sent the United States plunging into what became known as the Great Depression."
Des Griffin in his book "Descent Into Slavery?"
"Plummeting stock prices [in 1929] ruined small investors, but not the top "insiders" on Wall Street. Paul Warburg had issued a tip in March of 1929 that the Crash was coming. Before it did, John D. Rockefeller, Bernard Baruch, Joseph P. Kennedy, and other money barons got out of the market.
... Early withdrawal from the market not only preserved the fortunes of these men: it also enabled them to return later and buy up whole companies for a song."
James Perloff in his book "The Shadows of Power"
... Early withdrawal from the market not only preserved the fortunes of these men: it also enabled them to return later and buy up whole companies for a song."
"The structure of financial controls created by the tycoons of 'Big Banking' and 'Big Business' was of extraordinary complexity, one business fief being built on another, both being allied with semi-independent associates, the whole rearing upward into two pinnacles of economic and political power, of which one, centered in New York, was headed by J. P. Morgan and Company and the other, in Ohio, was headed by the Rockefeller family. When the two cooperated, as they generally did, they could influence the economic life of the country to a large degree and could almost control its political life, at least at the Federal level. They caused the "panic of 1907" and the collapse of two railroads, one in 1914 and the other in 1929."
Carroll Quigley in his book "Tragedy and Hope"
"World War I created astronomical debts in the nations that participated. These debts were held by the international bankers who organized and stage-managed the whole show from start to finish.
... In the fall of 1929 it was time for the international bankers to push the button that set in motion the machinery that resulted in World War II. After they, their agents and friends had sold out at the crest of an artificially inflated stock market boom, the international bankers pulled the rug out from under the whole system and sent the United States plunging into what became known as the Great Depression."
... In the fall of 1929 it was time for the international bankers to push the button that set in motion the machinery that resulted in World War II. After they, their agents and friends had sold out at the crest of an artificially inflated stock market boom, the international bankers pulled the rug out from under the whole system and sent the United States plunging into what became known as the Great Depression."
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