http://theeconomiccollapseblog.com
http://albertpeia.com/rottencore.htm
‘Does a shadowy group of obscenely wealthy
elitists control the world? Do men and women with enormous amounts of
money really run the world from behind the scenes? The answer might
surprise you. Most of us tend to think of money as a convenient way to
conduct transactions, but the truth is that it also represents power and
control. And today we live in a neo-fuedalist system in which the super rich
pull all the strings. When I am talking about the ultra-wealthy, I am not
just talking about people that have a few million dollars. As you will
see later in this article, the ultra-wealthy have enough money sitting in
offshore banks to buy all of the goods and services produced in the United
States during the course of an entire year and still be able
to pay off the entire U.S. national debt. That is an amount of money so
large that it is almost incomprehensible. Under this ne0-feudalist
system, all the rest of us are debt slaves, including our own
governments. Just look around - everyone is drowning in debt, and all of
that debt is making the ultra-wealthy even wealthier. But the
ultra-wealthy don't just sit on all of that wealth. They use some of it
to dominate the affairs of the nations. The ultra-wealthy own virtually
every major bank and every major corporation on the planet. They use a
vast network of secret societies, think tanks and charitable organizations to
advance their agendas and to keep their members in line. They control how
we view the world through their ownership of the media and their dominance over
our education system. They fund the campaigns of most of our politicians
and they exert a tremendous amount of influence over international
organizations such as the United Nations, the IMF, the World Bank and the
WTO. When you step back and take a look at the big picture, there is
little doubt about who runs the world. It is just that most people don't
want to admit the truth.
The ultra-wealthy don't run down
and put their money in the local bank like you and I do. Instead, they
tend to stash their assets in places where they won't be taxed such as the
Cayman Islands. According to a report that was released last summer, the
global elite have up to 32 TRILLION dollars stashed in
offshore banks around the globe.
U.S. GDP for 2011 was about 15
trillion dollars, and the U.S. national debt is sitting at about 16 trillion
dollars, so you could add them both together and you still wouldn't hit 32
trillion dollars.
And of course that does not even
count the money that is stashed in other locations that the study did not
account for, and it does not count all of the wealth that the global elite have
in hard assets such as real estate, precious metals, art, yachts, etc.
The global elite have really
hoarded an incredible amount of wealth in these troubled times. The
following is from an article on the Huffington Post
website...
Rich
individuals and their families have as much as $32 trillion of hidden financial
assets in offshore tax havens, representing up to $280 billion in lost income
tax revenues, according to research published on Sunday.
The
study estimating the extent of global private financial wealth held in offshore
accounts - excluding non-financial assets such as real estate, gold, yachts and
racehorses - puts the sum at between $21 and $32 trillion.
The
research was carried out for pressure group Tax Justice Network, which
campaigns against tax havens, by James Henry, former chief economist at
consultants McKinsey & Co.
He
used data from the World Bank, International Monetary Fund, United Nations and
central banks.
But
as I mentioned previously, the global elite just don't have a lot of
money. They also basically own just about every major bank and every
major corporation on the entire planet.
According
to an outstanding NewScientist article, a study
of more than 40,000 transnational corporations conducted by the Swiss Federal
Institute of Technology in Zurich discovered that a very small core group of
huge banks and giant predator corporations dominate the entire global economic
system...
An analysis of the relationships
between 43,000 transnational corporations has identified a relatively
small group of companies, mainly banks, with disproportionate power over
the global economy.
The
researchers found that this core group consists of just 147 very tightly knit
companies...
When
the team further untangled the web of ownership, it found much of it tracked
back to a "super-entity" of 147 even more tightly knit companies -
all of their ownership was held by other members of the super-entity - that
controlled 40 per cent of the total wealth in the network. "In effect,
less than 1 per cent of the companies were able to control 40 per cent of the
entire network," says Glattfelder. Most were financial institutions. The
top 20 included Barclays Bank, JPMorgan Chase & Co, and The Goldman Sachs
Group.
The
following are the top 25 banks and corporations at the heart
of this "super-entity". You will recognize many of the names on
the list...
1. Barclays
plc
2. Capital Group Companies Inc
3. FMR Corporation
4. AXA
5. State Street Corporation
6. JP Morgan Chase & Co
7. Legal & General Group plc
8. Vanguard Group Inc
9. UBS AG
10. Merrill Lynch & Co Inc
11. Wellington Management Co LLP
12. Deutsche Bank AG
13. Franklin Resources Inc
14. Credit Suisse Group
15. Walton Enterprises LLC
16. Bank of New York Mellon Corp
17. Natixis
18. Goldman Sachs Group Inc
19. T Rowe Price Group Inc
20. Legg Mason Inc
21. Morgan Stanley
22. Mitsubishi UFJ Financial Group Inc
23. Northern Trust Corporation
24. Société Générale
25. Bank of America Corporation
The
ultra-wealthy elite often hide behind layers and layers of ownership, but the
truth is that thanks to interlocking corporate relationships, the elite
basically control almost every Fortune 500 corporation.
The
amount of power and control that this gives them is hard to describe.
Unfortunately,
this same group of people have been running things for a very long time.
For example, New York City Mayor John F. Hylan said the following during a
speech all the way back in 1922...
The
real menace of our Republic is the invisible government, which like a giant
octopus sprawls its slimy legs over our cities, states and nation. To depart
from mere generalizations, let me say that at the head of this octopus are the
Rockefeller-Standard Oil interests and a small group of powerful banking houses
generally referred to as the international bankers. The little coterie of
powerful international bankers virtually run the United States government for
their own selfish purposes.
They
practically control both parties, write political platforms, make catspaws of
party leaders, use the leading men of private organizations, and resort to
every device to place in nomination for high public office only such candidates
as will be amenable to the dictates of corrupt big business.
These
international bankers and Rockefeller-Standard Oil interests control the
majority of the newspapers and magazines in this country. They use the columns
of these papers to club into submission or drive out of office public officials
who refuse to do the bidding of the powerful corrupt cliques which compose the
invisible government. It operates under cover of a self-created screen [and]
seizes our executive officers, legislative bodies, schools, courts, newspapers
and every agency created for the public protection.
These
international bankers created the central banks of the world (including the Federal Reserve), and they use those
central banks to get the governments of the world ensnared in endless cycles of debt from which there is
no escape. Government debt is a way to
"legitimately" take money from all of us, transfer it to the
government, and then transfer it into the pockets of the ultra-wealthy.
Today,
Barack Obama and almost all members of Congress
absolutely refuse to criticize the Fed, but in the past there have been some
brave members of Congress that have been willing to take a stand. For
example, the following quote is from a speech that Congressman Louis T.
McFadden delivered to the U.S. House of Representatives on June 10, 1932...
Mr.
Chairman, we have in this country one of the most corrupt institutions the
world has ever known. I refer to the Federal Reserve Board and the Federal
Reserve Banks. The Federal Reserve Board, a Government board, has cheated the
Government of the United States and the people of the United States out of enough
money to pay the national debt. The depredations and iniquities of the Federal
Reserve Board has cost this country enough money to pay the national debt
several times over. This evil institution has impoverished and ruined the
people of the United States, has bankrupted itself, and has practically
bankrupted our Government. It has done this through the defects of the law
under which it operates, through the maladministration of that law by the
Federal Reserve Board, and through the corrupt practices of the moneyed
vultures who control it.
Sadly,
most Americans still believe that the Federal Reserve is a "federal
agency", but that is simply not correct. The following comes from factcheck.org...
The
stockholders in the 12 regional Federal Reserve Banks are the privately owned
banks that fall under the Federal Reserve System. These include all national
banks (chartered by the federal government) and those state-chartered banks
that wish to join and meet certain requirements. About 38 percent of the
nation’s more than 8,000 banks are members of the system, and thus own the Fed
banks.
According
to researchers that have looked into the ownership of the big Wall Street banks
that dominate the Fed, the same names keep coming up over and over: the
Rockefellers, the Rothschilds, the Warburgs, the Lazards, the Schiffs and the
royal families of Europe.
But
ultra-wealthy international bankers have not just done this kind of thing in
the United States. Their goal was to create a global financial system
that they would dominate and control. Just check out what Georgetown
University history professor Carroll Quigley once wrote...
[T]he
powers of financial capitalism had another far-reaching aim, nothing less than
to create a world system of financial control in private hands able to dominate
the political system of each country and the economy of the world as a whole.
This system was to be controlled in a feudalist fashion by the central banks of
the world acting in concert, by secret agreements arrived at in frequent
private meetings and conferences. The apex of the system was to be the Bank for
International Settlements in Basle, Switzerland, a private bank owned and
controlled by the world’s central banks which were themselves private
corporations.
Sadly,
most Americans have never even heard of the Bank for International Settlements,
but it is at the very heart of the global financial system. The following
is from Wikipedia...
As
an organization of central banks, the BIS seeks to make monetary policy more
predictable and transparent among its 58 member central banks. While monetary
policy is determined by each sovereign nation, it is subject to central and private
banking scrutiny and potentially to speculation that affects foreign exchange
rates and especially the fate of export economies. Failures to keep monetary
policy in line with reality and make monetary reforms in time, preferably as a
simultaneous policy among all 58 member banks and also involving the
International Monetary Fund, have historically led to losses in the billions as
banks try to maintain a policy using open market methods that have proven to be
based on unrealistic assumptions.
The
ultra-wealthy have also played a major role in establishing other important
international institutions such as the United Nations, the IMF, the World Bank
and the WTO. In fact, the land for the United Nations headquarters in New
York City was purchased and donated by John D. Rockefeller.
The
international bankers are "internationalists" and they are very proud
of that fact.
The
elite also dominate the education system in the United States. Over the
years, the Rockefeller Foundation and other elitist organizations have poured
massive amounts of money into Ivy League schools. Today, Ivy
League schools are considered to be the standard against which all other
colleges and universities in America are measured, and the last four U.S.
presidents were educated at Ivy League schools.
The
elite also exert a tremendous amount of influence through various secret
societies (Skull and Bones, the Freemasons, etc.), through some very powerful
think tanks and social clubs (the Council on Foreign Relations, the Trilateral
Commission, the Bilderberg Group, the Bohemian Grove, Chatham House, etc.), and
through a vast network of charities and non-governmental organizations (the
Rockefeller Foundation, the Ford Foundation, the World Wildlife Fund, etc.).
But
for a moment, I want to focus on the power the elite have over the media.
In a previous article, I detailed how just six
monolithic corporate giants control most of what we watch, hear and read
every single day. These giant corporations own television networks, cable
channels, movie studios, newspapers, magazines, publishing houses, music labels
and even many of our favorite websites.
Considering
the fact that the average American watches 153 hours of television a month, the
influence of these six giant corporations should not be underestimated.
The following are just some of the media companies that these corporate giants
own...
Time Warner
Home
Box Office (HBO)
Time Inc.
Turner Broadcasting System, Inc.
Warner Bros. Entertainment Inc.
CW Network (partial ownership)
TMZ
New Line Cinema
Time Warner Cable
Cinemax
Cartoon Network
TBS
TNT
America Online
MapQuest
Moviefone
Castle Rock
Sports Illustrated
Fortune
Marie Claire
People Magazine
Walt Disney
ABC
Television Network
Disney Publishing
ESPN Inc.
Disney Channel
SOAPnet
A&E
Lifetime
Buena Vista Home Entertainment
Buena Vista Theatrical Productions
Buena Vista Records
Disney Records
Hollywood Records
Miramax Films
Touchstone Pictures
Walt Disney Pictures
Pixar Animation Studios
Buena Vista Games
Hyperion Books
Viacom
Paramount
Pictures
Paramount Home Entertainment
Black Entertainment Television (BET)
Comedy Central
Country Music Television (CMT)
Logo
MTV
MTV Canada
MTV2
Nick Magazine
Nick at Nite
Nick Jr.
Nickelodeon
Noggin
Spike TV
The Movie Channel
TV Land
VH1
News Corporation
Dow
Jones & Company, Inc.
Fox Television Stations
The New York Post
Fox Searchlight Pictures
Beliefnet
Fox Business Network
Fox Kids Europe
Fox News Channel
Fox Sports Net
Fox Television Network
FX
My Network TV
MySpace
News Limited News
Phoenix InfoNews Channel
Phoenix Movies Channel
Sky PerfecTV
Speed Channel
STAR TV India
STAR TV Taiwan
STAR World
Times Higher Education Supplement Magazine
Times Literary Supplement Magazine
Times of London
20th Century Fox Home Entertainment
20th Century Fox International
20th Century Fox Studios
20th Century Fox Television
BSkyB
DIRECTV
The Wall Street Journal
Fox Broadcasting Company
Fox Interactive Media
FOXTEL
HarperCollins Publishers
The National Geographic Channel
National Rugby League
News Interactive
News Outdoor
Radio Veronica
ReganBooks
Sky Italia
Sky Radio Denmark
Sky Radio Germany
Sky Radio Netherlands
STAR
Zondervan
CBS Corporation
CBS
News
CBS Sports
CBS Television Network
CNET
Showtime
TV.com
CBS Radio Inc. (130 stations)
CBS Consumer Products
CBS Outdoor
CW Network (50% ownership)
Infinity Broadcasting
Simon & Schuster (Pocket Books, Scribner)
Westwood One Radio Network
NBC Universal
Bravo
CNBC
NBC News
MSNBC
NBC Sports
NBC Television Network
Oxygen
SciFi Magazine
Syfy (Sci Fi Channel)
Telemundo
USA Network
Weather Channel
Focus Features
NBC Universal Television Distribution
NBC Universal Television Studio
Paxson Communications (partial ownership)
Trio
Universal Parks & Resorts
Universal Pictures
Universal Studio Home Video
And
of course the elite own most of our politicians as well. The following is
a quote from journalist Lewis Lapham...
"The
shaping of the will of Congress and the choosing of the American president has
become a privilege reserved to the country’s equestrian classes, a.k.a. the 20%
of the population that holds 93% of the wealth, the happy few who run the
corporations and the banks, own and operate the news and entertainment media,
compose the laws and govern the universities, control the philanthropic
foundations, the policy institutes, the casinos, and the sports arenas."
Have
you ever wondered why things never seem to change in Washington D.C. no matter
who we vote for?
Well,
it is because both parties are owned by the establishment.
It
would be nice to think that the American people are in control of who runs
things in the U.S., but that is not how it works in the real world.
In
the real world, the politician that raises more money wins more than 80 percent
of the time in national races.
Our
politicians are not stupid - they are going to be very good to the people that
can give them the giant piles of money that they need for their
campaigns. And the people that can do that are the ultra-wealthy and the
giant corporations that the ultra-wealthy control.
Are
you starting to get the picture?
There
is a reason why the ultra-wealthy are referred to as "the
establishment". They have set up a system that greatly benefits them
and that allows them to pull the strings.
So
who runs the world?
They
do. In fact, they even admit as much.
David
Rockefeller wrote the following in his
2003 book entitled "Memoirs"...
"For
more than a century, ideological extremists at either end of the political
spectrum have seized upon well-publicized incidents such as my encounter with
Castro to attack the Rockefeller family for the inordinate influence they claim
we wield over American political and economic institutions. Some even believe
we are part of a secret cabal working against the best interests of the United
States, characterizing my family and me as 'internationalists' and of
conspiring with others around the world to build a more integrated global
political and economic structure — one world, if you will. If that is the
charge, I stand guilty, and I am proud of it."
There
is so much more that could be said about all of this. In fact, an entire
library of books could be written about the power and the influence of the
ultra-wealthy international bankers that run the world.
But
hopefully this is enough to at least get some conversations started.
So
what do you think about all of this? Please feel free to post a comment
with your thoughts below...