I have been working within the liberty movement for almost 17 years now. In that time I’ve been involved in numerous organizations that all generally fought the same battle, or the same war – The war against encroaching centralization and authoritarianism. Each group and each institution has had different ideas about how to go about solving the problem of incremental tyranny.
Some of them focused on politics, others on preparedness, and still others on convincing police and military to stand on the side of freedom. Some of them had focused goals, some of them were scattered. Some had decent leadership, while the leadership in others was lacking (or self sabotaging). None of them, however, had malicious intent. None of them sought power over others, only to prevent power from being abused.
In some cases the effort became confrontational because that was the only option, as with Bundy Ranch. Liberty activists vowed never to allow another Waco or another Ruby Ridge in which federal agents violate the due process of targeted citizens, or outright murder them. And we should continue to hold to that promise. As we have seen time and time again, agencies like the FBI, ATF, CIA, etc are corrupt beyond all reckoning and there comes a point where the only solution to deal with a bully is to punch him in the teeth.
The Jan 6th event is also something that has been highly misrepresented on both sides – Leftists argue that it was an “insurrection” worse than anything seen since the Civil War in the name of installing Trump as a dictator. Many conservatives argue that it was a “honey pot” or “false flag” which was completely controlled by feds and informants. Neither claim is accurate.
Yes, there were obviously feds present at the event and yes, Capitol Police let protesters into the building as video evidence proves. But, the vast majority of people that showed up to the capitol that day were not feds. They were normal Americans seeking to air their grievances, as is their constitutional right. It is a mistake to pigeonhole very single major event as nothing more than a false flag; it’s lazy and it ignores the greater reality that many millions of people in the US are unhappy with the declining state of our nation.
As for those that claim it was an insurrection, they don’t know what an insurrection is.
Inconveniencing the government for a couple hours is not an insurrection. Protesting at the Capitol Building is not an insurrection. A real insurrection would be led by armed groups that would not leave the capitol voluntarily, and many people on both sides would die during such an action. As it stands, not a single person was killed by a Jan. 6th protester. Not one. This is not something that can be honestly said for the BLM protests which caused dozens of deaths and billions of dollars in property damage across the country.
If it had been BLM that day marching into the Capitol Building, the media would have nothing but applause and positive things to say. But because it was a show of conservative strength, they call it an insurrection and they seek to imprison the people involved. The media response to BLM vs their response to Jan 6th tells us one thing – The establishment wants to destroy conservatives and elevate leftist movements.
This debate, however, ignores the bigger question: Why is half the country angry? Why does half the country mistrust the government to the point that a potential civil war seems like the only viable option?
The establishment controlled media and the Biden Administration would argue that it is our fault. We are “conspiracy theorists” suffering from delusions of rising totalitarianism. We supposedly misinterpret everything we see as something more nefarious than what it is. We are dangerous because we are willing to lash out over changes that serve the greater good but disadvantage us in some way. Or, we are “white supremacists” and the evolving demographics of the country are triggering our inherent toxic ideology.
None of these claims are true. All of them are easily debunked propaganda, but they represent a narrative that is repeated ad nauseam on every mainstream outlet, on every social media website and by every leftist politician. There is no conspiracy theory, there is only conspiracy reality.
Almost every single “conspiracy claim” made by liberty groups over the past two decades has turned out to be true. There is indeed an authoritarian agenda at the core of our government today, and it has been gestating for many years. We saw this agenda enacted right out in the open during the pandemic lockdowns. the federal government and some state governments sought to erase nearly every protection outlined in the Bill of Rights, including free speech.
Most recently, we have seen the exposure of the Twitter Files by Elon Musk, which contain hard evidence of collusion (direct communications) between government agencies and Big Tech companies to silence the 1st Amendment rights of American citizens.
Multiple agencies have been exposed this year in a conspiracy with the old Twitter management (and undoubtedly all other large social media platforms) to censor and ban targeted individuals or groups that discuss information that is contrary to the establishment narrative. Whether it is info on Jan 6th, or info on the covid pandemic or vaccines, or info on Hunter Biden’s laptop, the FBI, DHS, the DNC, etc were all engaging in a joint effort to erase dissent and hide the facts according to internal documents and communications with Twitter staff.
The FBI in particular has even been caught PAYING Twitter staff millions of dollars to process their requests (censor people). This is proven TREASON, a violation of several elements of the Bill of Rights, and the FBI should be eliminated for it. Not reprimanded, but eliminated.
The FBI’s response to being caught was predictable. They state:
“The men and women of the FBI work every day to protect the American public. It is unfortunate that conspiracy theorists and others are feeding the American public misinformation with the sole purpose of attempting to discredit the agency.”
Translation: We are your “protectors”, therefore we can do whatever we want. Anyone that calls us out on our corrupt operations is crazy and a liar regardless of evidence. Discrediting the agency puts the public at risk. We are too big to fail.
The corporate media will come up with numerous spin devices to try to dilute the Twitter revelations, but they will fail. There is no way around it – The US government has been working with Big Tech companies to control free debate and silence citizens. The FBI has chosen a clear political side. They have gone to war against Americans that support constitutional liberty. This is illegal and if punishment is not dealt to the officials involved then eventually punishment will be enacted by members of the American public.
Conservative/libertarian rebellions usually do not happen without good reason. Conservatives prefer order rather than chaos. We prefer stability rather than crisis. We tend to want the system to work and serve the public as it is supposed to. It’s our strength as well as our weakness. Where others see a broken country, we see something that might be fixed.
We have no use for deconstructionists who see crisis and disaster as an opportunity.
That said, when it becomes clear that the system does not work, that it has been corrupted beyond redemption and that the establishment is openly instituting tyrannical policies, we aren’t going to stand by, we are going to act.
Some people claim this is “never” going to happen. Yet, tens of thousands of people showed up to face off with the feds at Bundy Ranch, half the states in the US stood against the covid mandates and thousands of people marched to the Capitol on Jan 6th. It’s only a matter of time.
I don’t think people realize how close we actually came to a kinetic civil war because of the covid mandates and the attempted vaccine passports. We were two seconds away from midnight. All I can say is, the moment someone tries to force me to take an untested Big Pharma product, I’ll put them six feet under. And, almost everyone I know feels the same way.
The big secret that’s not really secret is this: The establishment knows they are playing with fire. It’s why they backed off from the mandates. They know that their corrupt actions are fomenting civil unrest and that in some cases we have majority public support. They know that in the near future there is going to be a rebellion against them. They know this because they plan to continue chipping away at our freedoms until we snap; they just want to be able to control the outcome when we do.
The narratives we are hearing today about white supremacy, domestic terrorism, conspiracy theory and conservative rage are only about one thing: Gaslighting.
They poke and prod and stab at us, they attack us and degrade our freedoms subversively, and at the same time they paint us as the “insurrections”, the aggressors. They do this so that when we move to stop them from attacking us, the notion that we are the aggressors is already planted within the public consciousness.
This is 4th Generation warfare. It’s classic psy-ops. If you are the psychopath causing harm the best case scenario is to make your victims out to be the bad guys instead, so that when you get caught or your victims strike back you can claim to be a victim yourself.
Is this scheme going to work for establishment elites? No, not in the long term. No amount of gaslighting is going to save a psychopath when his victims come to pay him back. What the rest of the public thinks of you does not matter, only justice matters. That said, I want to reiterate the greater point here, which is that the actions of government agencies and the media suggest that the liberty movement is a legitimate threat to them.
We are far more prevalent than they care to admit. They want to paint us as fringe crazies and marginal bigots, while at the same time promoting the notion that we are capable of a national insurrection. They can’t have it both ways.
We are indeed a danger to them. Not to America, just to the despots that want to deconstruct it. What they don’t want the populace to know is that there is a very easy way to stop us – Simply stop committing treason and we will go away. Stop trying to erase our freedoms and we will back off quietly. Stop abusing governmental powers and you have nothing to fear from us.
Continue in these behaviors and policies, and yes, you should be afraid. Because once the reckoning begins, it will not stop until all elements of corruption are washed away.
“The powerful are panicking, and so they should. Their secrets are leaking.” —Miranda Devine
“It’s all just snake oil. We want to save the planet, and the life upon it, but we’re not willing to pay the price and bear the consequences. So we make up a narrative that feels good and run with it.” — Raul Ilargi Meier
“2023 could be a pivotal year for the USA if the pervasive lying can be exposed, digested, and believed. All that exposure has to happen amidst continuing boondoggles toward the Great Reset agenda.” – Truman Verdun
“More borrowing only ever makes sense if you are expecting a larger economy in the future. All economic expansion is based on energy. Countries with energy can expand, those without cannot.” — Chris Martenson
“To be an enemy to America can be dangerous, but to be a friend is fatal.” — Henry Kissinger
“The incorrect narrative provided by mainstream media (MSM) is that climate change is our worst problem. To lessen this problem, citizens need to move quickly away from fossil fuels and transition to renewables. The real narrative is that we are running short of fossil fuels that can be profitably extracted, and renewables are not adequate substitutes. However, this narrative is too worrisome for most people to handle.” — Ugo Bardi
It’s hard to contemplate 2023 without spiraling into nausea, tachycardia, and cold sweat. But it is an inescapable duty here to lay out the probabilities ahead. I’ve been doing this forecast thing for some years now, and, of course, I am often wrong, so take some solace in that and relax. Maybe the new year will be all unicorns, rainbows, talking gerbils, and candied violets.
2022 sure was a cold shower. The long emergency I talk so much about finally got up to cruising speed, with the ectoplasmic “Joe Biden” revving our country into economic, political, and cultural collapse — a hat-trick of calamity — and he did it more swiftly and directly than any emperor managed in late-day Rome, with policies and actions 180-degrees contra to America’s public interest — cheered on by a thinking class that had obviously lost it consensual mind.
Was the governing strategy simply to do the opposite of what the loathed and detested Mr. Trump would do? Could it be that simple or that automatic? The thinking class’s eyes have a zombified glaze these days. It’s obvious, you might agree, that “Joe Biden” is not in charge of anything, really. He’s an animatronic figure programmed to read a teleprompter and not much else. Half the time, he can’t even find his way off-stage after doing that one trick. The claque pulling his strings just may be the crew you see around him (you know, WYSIWYG): Susan Rice, Ron Klain, Jake Sullivan, Antony Blinken, Victoria Nuland, and company. Ms. Rice has kept herself completely hidden backstage at the White House for two years. Nobody ever hears about her or sees her. Weird, a little bit, for the Director of the Domestic Policy Council.
Or else, are there puppeteers deeper in the shadows, say, “JB’s” former boss Barack Obama, Der Schwabenklaus and his WEF retinue, Bill Gates and other tech billionaires, the “systemically important” bankers, George Soros…? Or some coven of super-elite warlocks we’d never heard of? The US leadership dynamic is truly mystifying and has been for two whole years. Will mysteries be revealed in 2023? Personally, I think so. Things are lining up in that direction, though who knows whether the damage can even be reversed at this point. And now onto the shape of things to come….
Economy
All you can really say is that the folks running things have hijacked every module of our nation’s interests and tilted them down into decadence and ruin. They’ve tanked whatever’s left of the US economy with an array of surefire idiotic maneuvers. By spending trillions of dollars that don’t exist to buy votes, they’ve inflated away our money’s purchasing power — an Econ 101 level mistake. The “Green New Deal” is a swindle, an out-front, in-your-face nefarious operation to subvert Western Civ by the WEF, and its stooges — laid out explicitly in its house publications.
There is no way we can run our society as currently outfitted on any combination of alt.energies. All the Greenies can really accomplish with this crusade is to destroy the complex systems we rely on faster than would happen in the normal course of things, foreclosing any chance of an orderly retreat to a plausibly downscaled arrangement for daily life. We are exiting the current system anyway, like it or not — the longstanding thesis of The Long Emergency.
This gets to the heart of the conundrum we face. Ill-intentioned as the WEF and its allies may be, the world is heading toward a Great Re-set. The catch is, it won’t be the WEF’s version of it, their schematic techno-nirvana with a tiny comfortable elite lording over the bug-eating hoi-polloi. They somehow miss the glaring point that the energy required to run their precious transhuman tech won’t be there. By the way, the WEF’s core idea of central control by a coordinated world government is at odds with the core reality of the times ahead, which is that life is about to get much more local and downscaled — the exact opposite of centralized. Everything organized at the giant scale is veering into failure: empires, global corporations, hypertrophic cities, giant universities, giant farms, you name it. Their business models are broken. The activities these things represent have to get smaller, finer, and more regional. Depending on what we’re able to salvage and re-purpose from the fabricated leftovers of Modernity, we’ll be lucky to land back in life lived at the level of the early 1800s. Or else, if we really mess up, we’ll plunge haplessly into a dark age in a resource-stripped world.
The “Green New Deal,” based on a combination of wishful thinking and self-destructive malice, includes the deliberate undermining of what’s left of America’s oil industry by cancelling pipelines, drilling licenses on public lands, draining the strategic petroleum reserve, and other efforts to sabotage what’s left. America still has a lot of oil in the ground, yet much of it is hard to get at and uneconomical to produce at the scale required. It’s a money-loser, and losing money consistently doesn’t pencil out for any real business.
This hard reality is especially true of shale oil, which had a good run production-wise 2009 to 2022, though the producers could barely make a dime at it. The shale oil “miracle” was largely a byproduct of near-zero interest rates. Investors flocked to it after 2009 because they couldn’t get any yield from bonds. Shale oil was played-up as a sure thing. It took investors a decade, and over a hundred oil company bankruptcies, to catch on — and now shale oil can’t attract enough new investment to keep up the giant operations at scale. The main shale oil regions, the Permian Basin in Texas and the Bakken fields of North Dakota, have entered permanent decline as they run out of “sweet spots” to drill and frack. Considering the new era of capital scarcity ahead, money for shale oil companies will be even harder to get and we’ll get less shale oil every year, while conventional oil continues its own remorseless decline. The catch here is that oil prices are just as likely to go down as up because the foundering economy creates substantial demand destruction — meaning that customers drop out of the market.
Natural gas involves similar dynamics. There seems to be a lot of it for now in the Marcellus formation spread over Pennsylvania, Ohio, West Virginia, and into New York (where fracking has been prohibited for years). Natgas is very useful for electric generation, home heating, and some manufacturing, but not so much for transportation. Shale gas production is also based on “sweet spots” for drilling and there are fewer of them every year. The depletion curve for natgas is even more extreme than it is for oil: the flow stops all at once. The early shale gas plays in the southern US — Haynesville, Fayetteville, Barnett — have been in decline for years. As with shale oil, producing shale gas is expensive, with all the trucks ceaselessly delivering sand, water, and fracking chemicals to the drilling pads, and then transporting waste liquids off-site. Prediction: in 2023, we’ll hear the first rumblings about “nationalizing the oil industry,” which will be a giant step toward killing it altogether, given the all-around incompetence of government.
The strategy of changing out oil-based cars and trucks for electric vehicles (EVs) is a loser on several counts beyond the disruption and instability facing US oil production. One, it’s premised on the fantasy that we can continue living in a suburban sprawl arrangement by other means. Two, the electric grid is too inadequate and fragile to support the charging of so many millions of EVs in addition to everything else we ask it to do. Three, the middle class is being decimated, so there are fewer credit-worthy customers for cars priced out of their shrinking budgets anyway. Four, far less capital will be available for consumer loans. The car industry itself may not survive the re-possession orgy coming in 2023 for defaulted auto loans. That shortfall will infect banking, too. The economy is already hurting. The “Green New Deal” will cut its wobbly legs off.
Similarly, the new mandates against the use of nitrogenous fertilizers (made from natgas). European countries are already on-board with this WEF folly. The Netherlands, Europe’s leading food producer, is going so far as to forcibly shut down thousands of farms and limit fertilizer use on the remaining ones. Germany is likewise limiting fertilizers. Canada fell in line next. Prediction: in early 2023, “Joe Biden” will set in motion anti-fertilizer policies in the US. There will be plenty of squawking in the big farming states, rising to angry protests. The tractor convoys may invade Washington. The situation sets up a grim prospect for the US food supply: scarcity, high prices, and hunger ahead.
The Ukraine bread-basket is out of the picture in 2023, unless military action ends well before planting season. Thanks to “Joe B’s” stupid sanctions policy, a more vulnerable Europe can’t depend on Russia, another world-leading grain producer. By summer, the projected harvests all over Western Civ will be inadequate to feed the existing populations. Routine grain exports to the poor nations of the “global south” will stop and a lot of people will starve in those countries. By then, it will be too late to fix anything. The price of food will soar throughout Western Civ, aggravating other economic crises that will amount to metastasizing poverty. Populations will get very restless. Governments will fall (candidates: France, Germany, UK, Australia, the USA). In some places they will not recover in their prior form.
As a general proposition, Globalism is done. That got that underway in earnest with the Covid shut-downs. Now, geopolitical friction gets worse and trade relations deteriorate further. There will still be trade between nations, but much reduced. Global supply chains are already wrecked, especially for specialized mechanical replacement parts and electronic components. It will be harder to fix cars, trucks, turbines, really any sort of machine, including computers and things run by them. A lot of commercial activity will just stop.
Europe has already blundered into buying its one-way ticket to Palookaville. Germany and the rest paid for that ticket by going along with feckless US policy to “weaken” Russia with sanctions (mission not accomplished). The coup de grace was the US wrecking the Nord Stream pipelines. So, Euroland has inadvertently decided to ditch its industrial base, which means they go medieval or worse. They have committed economic suicide. They’d better hope reincarnation is for-real. Anyway, they’re not coming back from this fiasco the way they went into it, that is, the way things were. When the shock of winter is over in early 2023, strife will be the new leitmotif in the Old World. People grow desperate in the six-weeks-wont of springtime. Nations crack up.
America’s economy largely hinges on finance now that financialization replaced manufacturing as the basis for prosperity. Alas, financialized prosperity is false prosperity, since it consists mainly of borrowing ever greater amounts of money to keep up the mere appearance of prosperity. In real life, prosperity requires producing things of value, not just trading increasingly abstract financial instruments purporting to represent money. I’ve discussed this enough in books, prior blogs, and previous forecasts. Suffice it to say we’ve run out the string on this stunt. All we’re left with now is the debt markers, documents that purport to represent wealth. The collateral is all the stuff we produced previously that is still standing: buildings, developed properties, public works. A lot of this stuff is deteriorating quickly, losing its value — for instance the tens of millions of suburban houses built with shitty, short-lived materials like strand-board and vinyl… all the cars….
Financialization led to the current inflation in our debt-based money system. More borrowing becomes more money going into existence, chasing a declining amount of goods as production falls off and supply lines choke. Services also suffer. People can’t afford to eat out, get acupuncture, visit hair-dressers. When the inflation is bad enough, say more than ten percent annually, it will cause enough economic damage to provoke a big contraction in activity, bringing on a deluge of loan defaults on mortgages, car payments, and corporate obligations. Loan defaults cause money to disappear from the system. This flips inflation into deflation. The bond-market is blowing up as this occurs, because bonds are debts and they’re not being serviced or paid-off. The imploding bond market infects the stock markets and they crash, too.
Before long, nobody has money, except people who invested in gold and silver. Prediction: the change-over from inflation to deflation comes in summer of 2023 and gathers momentum into the fall. The implosion leads to economic conditions worse than the Great Depression of the 1930s because our social and family arrangements have disintegrated along with our towns and cities. Civil disorder ignites. The government attempts lockdowns, but this time without a disease to blame it on. It’s no longer safe to be a politician.
The Covid-19 Story Backfires Badly and Hell Breaks Loose
Against the backdrop of a developing economic depression, the public can no longer avoid seeing the calamity that the mRNA vaccines have instigated. Early death is in the news daily now and from exactly the adverse effects that have been derided as “conspiracy theory” by public health experts since 2021: myocarditis, blood clots, organ damage, neurological illness, unusually aggressive cancers, damaged immune systems. Meanwhile, America’s public health aristocracy — Dr. Tony Fauci, Rochelle Walensky, Francis Collins, Deborah Birx, Surgeon General Vivek Murthy, and many, many others will be compelled to testify under oath before newly re-constituted House committees and finally answer for all their dishonesty in the Covid-19 response saga. They lied about everything, especially the “vaccines?” It will go worse for them as public sentiment turns from submission to official bullshit to rage over a deadly fraud.
By then, the past efforts of this gang to mislead the public on Twitter and other social media will be well-documented. The exposed slime-trail of money and corruption between Pharma and federal bureaucrats will finally make an impression on the long-bamboozled nation. The mainstream media will be dragged into this morass and the public will begin to understand how the newspaper editors and TV news producers, too, were bought off by Pharma and controlled by the national security state to pimp for the Democratic Party and globalist interests outside the USA. This exposure could be the end of the great legacy news organs, The New York Times and the rest of the gang. Their executives will have to testify along with everyone else. They might not be prosecuted — in a gesture of respect for the First Amendment — but rather will suffer badly from their loss of credibility.
All of this will aggravate the animus against the government and the Democrat Party’s “Joe Biden” regime — which will be under assault from separate inquiries into the Hunter Biden laptop and its abundant evidence of bribery and treason, and hearings about the wide-open border, payments to Ukraine, and the gestapo-like behavior of the FBI.
Here’s a scenario for you: The Justice Department will be drowning in criminal referrals. The FBI will be in a state of paralysis, unable to carry out more insults against US citizens as its systematic crimes are revealed. When the DOJ dithers about bringing action, the public will be even more enraged. The current Attorney General, Merrick Garland, gets dragged into Congress to answer for his misconduct and the resulting humiliation will run him out of office. “Joe Biden” may be forced to resign, drowned in a sea of troubles and scandals revealed. A deal will be made to let Veep Kamala Harris off the hook in exchange for her resignation.
That will leave the Republican Speaker of the House, whoever it is, to become president. He will fire every political appointee in the executive branch and replace them with people who will follow the law. It will look like a promising return to decency and the rule of law. But the damage to America’s prestige will have been so gross by then that the federal government has lost legitimacy. The financial crisis, meanwhile, puts the government into something that smells like bankruptcy. The country is in a ferocious depression, the people have no money, but neither does the government. Real authority devolves to states and localities. The playing out of these dynamics also depends on what is happening outside the USA.
Europe in Macro
Don’t forget, Europe, the west end of the Eurasian landmass, used to be an important part of the world, with an aggregate GDP greater than even the USA’s or China’s. Europe is the birthplace of Western Civ, a division of the human project the past few thousand years that yielded tremendous advances in science, art, music, philosophy, and organized intelligence generally. Now it is on the rocks. Europe, in the aggregate, as represented, say, by the European Union, or NATO, made a grave error going along with the USA’s foolish Neocon project to make a heap trouble in Ukraine in order to “weaken” Russia.
Russia was no longer a threat to the USA after 1991. Once the USSR was done as a political entity, and after Russia recovered from the daze of collapse, it wanted to be treated by the West as a normal European nation. Russia became a market economy, like all the others in Europe. It held elections like the others, had a legislature, a new body of property law, a private news media, regular banks, and all the other trappings of modern political normality. Russia even requested early-on to become a member of NATO. The USA and Europe refused NATO membership, but also refused to admit Russia into European normality. Instead, led by the USA, the West conducted an asset stripping operation which hampered Russia’s redevelopment.
Otherwise, the West mostly ignored Russia, and in spite of all that Russia got back on its feet, got some industries going, especially oil-and-gas, and enjoyed two decades of relative stability. Russia eventually began reaching out in the world and made trade agreements with other countries. It built those Nord Stream gas pipelines. It organized a regional “customs union” among its Eurasian neighbors that functioned rather like the Eurozone.
As that was all happening — pay attention — around 2010 then-Secretary of State Hillary Clinton sat on a State Department’s Committee on Foreign Investment in the United States (CFIUS) that threatened to block the sale of a Canadian company, Uranium One, to Rosatom, the Russian State Atomic Energy Corporation, on the grounds that Uranium One’s assets included 20-percent of the USA’s uranium supply. Selling all that American uranium to Russia looked kind of bad, you’d think, and you’d be right. But then, suddenly, about $150-million dollars poured into the Clinton Foundation — much of it from Uranium One’s owner, one Frank Giustra — plus Bill Clinton happened to get a half-million dollar speaking gig in Russia, and… whaddaya know, CFIUS ended up approving the sale. The public hardly heard a peep about it. (Where was the US new media?)
During that same period, Hillary Clinton also helped facilitate the transfer of American bio-medical, nuclear, and Info technology to the high-tech consortium called Skolkovo, Russia’s version of Silicon Valley. Much of the tech at issue was dual-use, good for civilian and military applications. Again, tens of millions of dollars gushed into the Clinton Foundation from the corporate participants in the Skolkovo deal. Crickets from the news media again.
In 2011, relations between the US and Russia soured when President Putin accused the US of fomenting protests in Russia over its parliamentary elections. And from there, our State Department decided that Russia and the USA could not even pretend to be friendly.
Jump ahead to 2014: Neocons in the Obama administration figured it was time to cut Russia back down to size. That effort crystalized around the former Soviet province, Ukraine, and blossomed into the US-sponsored-and-organized Maidan Revolution, utilizing Ukraine’s sizeable Stepan Bandara legacy Nazi forces in the vanguard, to foment violence in Kiev’s main city square. The US shoved out elected Ukraine President Yanukovych — who angered America by pledging to join Russia’s Custom’s Union instead of the EU — and installed its own puppet Yatsenyuk, who was ultimately replaced by the candy tycoon, Poroshenko, replaced by the Ukrainian TV star, comedian Volodymyr Zelensky. Ha Ha. Who’s laughing now? (Nobody.)
From 2014-on, Ukraine, with America’s backing, did everything possible to antagonize Russia, especially showering the eastern provinces of Ukraine, called the Donbas, with artillery, rockets, and bombs to harass the Russia-leaning population there. After eight years of that, and continued American insults (the Steele Dossier, 2016 election interference), and renewed threats to drag Ukraine into NATO, Mr. Putin had enough and launched his “Special Military Operation” to discipline Ukraine. Once that started, American Defense Secretary Lloyd Austin stated explicitly to the world that America’s general policy now was to “weaken Russia.”
That declaration was accompanied by America’s policy to isolate Russia economically with ever more sanctions. Didn’t work. Russia just turned eastward to the enormous Asian market to sell its oil and gas and utilized an alternate electronic trade-clearance system to replace America’s SWIFT system. Sanctions also gave Russia a reason to aggressively pursue an import-replacement economic strategy — manufacturing stuff that they had been buying from the West, for instance, German machine tools critical for industry.
Russia did sacrifice more than $50-billion in financial assets stranded in the US banking system — we just confiscated it — but, ultimately, that only harmed the US banking system’s reputation as a safe place to park money, and made foreign investors much more wary of stashing capital in American banks. Net effect: the value of the ruble increased and stabilized, and Russia found new ways to neutralize American economic bullying.
Europe was the big loser in all that. For a while, Europe could pretend to go along with the US / NATO project, pouring arms and money into Ukraine, and at the same time depend on Russian oil and gas imports. Eight months into the Ukraine-Russia conflict, the US blew up the Nord Stream One and Two pipelines, and that was the end of Europe’s supply of affordable natgas, to heat homes and power industry. In a sane world, that sabotage would have been considered an act of war against Germany by the USA. But it only revealed the secret, humiliating state of vassalage that Europe was in. Europe had already made itself ridiculous buying into the hysteria over climate change and attempting to tailor its energy use to so-called “renewables” in history’s biggest virtue-signaling exercise. Germany, the engine of the EU’s economy, made one dumb mistake after another. It invested heavily in wind and solar installations, which fell so short of adequacy they were a joke, and it closed down its nuke-powered electric generation plants so as to appear ecologically correct.
So now, Germany, and many other EU member states, teeter on the edge of leaving Modernity behind. They managed to scramble and fill their gas reserves sufficiently this fall to perhaps squeak through winter without freezing to death, but not without a lot of sacrifice, chopping down Europe’s forests, and wearing their coats indoors. Now, only a few days into Winter, it remains to be seen how that will work out. We’ll know more in March of the new year. France had been the exception in Europe, due to its large fleet of atomic energy plants. But many of them have now aged-out, some shut down altogether, and “green” politics stood in the way of replacing them, so France, too, will find itself increasingly subject to affordable energy shortages.
Prediction: Europe’s industry will falter and close down by painful increments. The EU will not withstand the economic stress of de-industrialization. It will shatter and leave Europe once again a small continent of many small fractious nations with longstanding grudges. Some of these countries may break-up into smaller entities in turn, as Yugoslavia, Czechoslovakia, and Russia did in the 1990s. Keep in mind, the macro trend world-wide will be downscaling and localization as affordable energy recedes for everyone. Since the end of World War Two, Europe was the world’s tourist theme park. Now it could go back to being a slaughterhouse. The Euro currency will have to be phased out as sovereign bankruptcies make the EU financial system untenable, and animosities and hostilities arise. Each country will have to return to its traditional money. Gold and silver will play a larger role in that.
The USA poured over $100-billion into Ukraine in arms, goods, and cash in 2022. That largesse will not continue as America sinks into its Second Great Depression. In any case, much of that schwag was fobbed off with. The arms are spent, the launchers destroyed. A lot of weapons were trafficked around to other countries and non-state actors. Russia is going to prevail in Ukraine. The news emanating from American media about Ukraine’s military triumphs has been all propaganda. There was hardly ever any real doubt that Russia dominated the war zone strategically and tactically. Even its withdrawals from one city or another were tactically intelligent and worthwhile, sparing Russian lives. The Special Military Operation wasn’t a cakewalk because Russia wanted to avoid killing civilians and refrain from destroying infrastructure that would leave Ukraine a gutted, failed state. Over time, the USA proved itself to be negotiation-unworthy, and Ukraine’s president Zelensky refused to entertain rational terms for settling the crisis. So, now the gloves are off in Ukraine. As of December 29, Russia shut off the lights in Kiev and Lvov.
The open questions: how much punishment does Ukraine seek to suffer before it capitulates? Will Zelensky survive? (Even if he runs off to Miami, he may not survive.) What exactly will be left of Ukraine? In 2023 Russia will decide the disposition of things on-the-ground. Failed states make terrible neighbors. One would imagine that Russia’s main goal is to set up a rump Ukraine that can function, but cease to be an annoying pawn of its antagonists. Ukraine will no longer enjoy access to the Black Sea; it will be landlocked. The best case would be for Ukraine to revert to the agricultural backwater it was for centuries before the mighty disruptions of the modern era. Perhaps Russia will take it over altogether and govern it as it had ever since the 1700s — except for Ukraine’s brief interlude post-USSR as one of the world’s most corrupt and mal-administered sovereign states.
Bottom line: Ukraine is and always was within Russia’s sphere-of-influence, and will remain so. The USA has no business there and it will be best for all concerned when we bug out. Let’s hope that happens without America triggering a nuclear World War Three. (Yeah, “hope” is not a plan. Try prayer, then.) Mr. Putin’s challenge going into 2023 is to conclude the Ukraine hostilities without humiliating the USA to the degree that we do something really stupid.
Asia
The enormous region where most of the world’s people live is swirling with quickly changing dynamics. It’s hard to tell what kind of shape China is actually in at the close of 2022. The CCP capitulated on its extreme lockdown policy and now the country seems gripped by a new and severe outbreak of the Covid virus. It’s killing a lot of people, including quite a few higher-ups in the CCP. The world saw the beginning of a popular revolt in China through the fall of 2022 as demonstrations erupted. The political side remains opaque.
The economic side, less so. China’s wealth since year 2000 has derived from its immense factory capacity and cheap labor force. Globalism is wobbling, and with that the world’s supply line network. If trade relations with the USA continue to sour, both China and the USA will suffer. China will find itself at over-capacity, even for the giant Asian market. And they are competing with several other quickly-industrialized nations in the south, plus India, plus the old stalwarts South Korea and Japan.
The main problem for China, and indeed all the Pacific Rim nations on the Asian side: energy. China doesn’t have very much oil in the ground and is utterly dependent on imports. It has a lot of low-quality coal. It’s building coal and nuke plants like mad. Will that suffice? Electricity is great, but you need fossil fuels to run heavy industries. In the great shiftings of 2022, China made deals for getting more oil and gas from Russia. That might work for a while. But Russia’s energy resources are probably near peak production now. What happens on the way down from that peak? Maybe Russia will be less avid for sharing its fossil fuels with its neighbors. Maybe that will cause political friction. Maybe a desperate China will reach out and try to grab resources from Russia’s vast Siberian territories? Not next year, though….
The Neocon-led US foreign policy establishment is insane for sure, but the CCP is only not-crazy during times of great stability. Throw in some popular dissent and some economic distress, and the CCP could go cuckoo. Uncle Xi shows very Mao-like tendencies for creative despotism. The party must have a long game for Taiwan, but a distressed and crazed CCP, and an agitated Uncle Xi, could turn that into a short game out of desperation — and then what? We’d have two really crazed governments, the USA and China, ginning up the Eastern theater of World War Three. The upshot of predicament depends to some extent on how delicately Mr. Putin can organize America’s exit from Ukraine.
Prediction: For 2023 internal friction will preoccupy China as it attempts to square its operations with those pressing trends of our time: downscaling and relocalization. All this could easily lead to regional strife in China. For decades, the CCP has been the glue between its disparate peoples. It may prove to not be superglue.
Japan remains as enigmatic as ever. It has drifted economically for nearly forty years. Now it looks like it’s drifting into a sovereign bankruptcy as it loses control of its deeply-gamed bond markets. I’ll stick to my old predication that Japan is en route to going medieval. Its pre-industrial culture was very charming and worked well for long periods of history. Industrial modernity demoralized them. Japan imports all its oil. Without it, you can’t even begin to run a modern war machine, so there won’t be a second reaching-out for resources as in the 20th century. The Japanese will not be alone in the new medievalism when this era completes itself.
The Deep State, an Appreciation
America is at a crossroads, a threshold, a tipping point. Every vital institution in the land has been at least partially wrecked, most especially the ones in charge of the rule of law, which was the best thing we had going for us. The Deep State is for real — the weaponization of a national bureaucracy against the nation itself. Yet, it’s certainly not just an American thing; it’s happening across Western Civ. Is it some natural process of self-destruction? An auto-immune disorder of a giant cultural organism, with parts attacking the whole? The USA, Great Britain, Canada, and Australia took such special pride in being open societies and now they are consumed in censorious lunacy. Continental Europe had a sketchier history with liberty, the enlightened individualism of Everyman, though they actually birthed its principles. But now the whole works is infected and ailing, and by what? It’s as if some cosmic spike protein came among us all and got into our hearts.
Most major religions feature some version of the idea of death-and-rebirth, and it’s a fact that we see ourselves embedded in cycles, especially seasons. Things turn and return, are born, develop, degenerate, pass away. This was the brilliant application of Strauss and Howe’s Fourth Turning theory to the study of history, and by those terms we are have entered a deep secular winter of the human project. One can appreciate how the onset of winter spooked our prehistoric ancestors. They developed their prayerful ceremonies for bringing back the sun, and warmth, and new growth, dancing around the fire in the skins of animals, often making blood sacrifices to the mysterious forces in charge of… everything. The modern way of reenacting all that seems to be industrial-strength warfare. Many of us are praying right now that we don’t have to go through that.
More likely, I think, we’ll forego the nuclear fire and simply go through a collapse of the socioeconomic organization that our governance rests on, and the Deep State illness with it. It’ll come with plenty of hardship, but it will purge the poisons that have disordered us, and when we get through it, we’ll make new arrangements for daily life. For some years, I’ve been calling this process a long emergency, and now we seem to be right in the thick of it. I believe in the natural process called emergence. Systems transform themselves organically from one state to another when acted upon by the circumstances of time and place. The outcome is usually a surprise, and not all surprises are bad. So, adios 2022 and hello little baby 2023. Lead us where you will and let’s go forward into it bravely. As Bob said so many years ago, it’s all right, Ma. It’s life and life only….
Clearly, if this prediction is to come true, then many things must happen. Let me identify why the World Economic Forum believes it will happen and then investigate these claims. Among other questions, I will examine whether those who will own nothing will include the Rothschild, Rockefeller and other staggeringly wealthy families. Or, perhaps, whether they just mean people like you and me.
In fact, a primary intention behind the Elite’s ongoing technocratic coup, initiated in January 2020, is to trigger a process of depopulation, as well fundamentally reshape world order including by turning those humans left alive into “transhuman slaves”, drive the global economy to collapse and implement the final redistribution of global wealth from everyone else to this Elite.
Let me start with the briefest of histories so that what is happening can be understood as the ultimate conclusion of a long-standing agenda, identify who I mean by the ‘Global Elite’ (and its agents), then present the evidence to explain how this is happening and, most importantly, a comprehensive strategy to defeat it.
Needless to say, in the interests of keeping this study manageable, many critical historical events – including how imperialism and colonialism, the international slave trade, a great number of wars and coups, Wall Street support for the Bolshevik Revolution in Russia in 1917 and precipitation of the Great Depression in 1929, were used to advance the Elite program – are not addressed in this investigation. But for accounts of the latter two events which provide evidence consistent with the analysis offered below, see Wall Street and The Bolshevik Revolution and The Secrets of the Federal Reserve.
A Brief Economic History
Following the Neolithic revolution 12,000 years ago, agriculture allowed human settlement to supersede the hunter-gatherer economy. However, while the Neolithic revolution occurred spontaneously in several parts of the world, some of the Neolithic societies that emerged in Asia, Europe, Central America and South America resorted to increasing degrees of social control, ostensibly to achieve a variety of social and economic outcomes, including increased efficiency in food production.
Civilizations emerged just over 5,000 years ago and, utilizing this higher degree of social control, were characterized by towns or cities, efficient food production allowing a large minority of the community to be engaged in more specialized activities, a centralized bureaucracy and the practice of skilled warfare. See ‘A Critique of Human Society since the Neolithic Revolution’.
With the emergence of civilization, elites of a local nature (such as the Pharoahs of Egypt), elites with imperial reach (including Roman emperors), elites of a religious nature (such as Popes and officials of the Vatican), elites of an economic character (particularly the City of London Corporation) and elites of a ‘national’ type (especially the monarchies of Europe) progressively emerged, essentially to manage the administration associated with maintaining and expanding their realms (political, economic and/or religious).
The Peace of Westphalia in 1648 formally established the nation-state system in Europe. Enriched by the long-standing and profitable legacy of their control over local domestic populations, support for the imperial conquest of non-European lands, colonial subjugation of indigenous peoples and the international slave trade, European elites, backed by military violence, were able to impose a long series of changes over national political, economic and legal systems which facilitated the emergence of industrial capitalism in Europe in the 18th century.
These interrelated political, economic and legal changes facilitated scientific research that was increasingly geared towards utilizing new resources and technological innovation that drove the ongoing invention of machinery and the harnessing of coal-fired power to make industrial production possible.
Beyond this, and following several centuries of more and less formal versions of it, Elite political and economic imperatives drove the ‘legal’ enclosure of the Commons to force people off their land and into the poorly-paid labour force needed in the emerging industrial cities. In these cities, an ongoing series of developments in the organization of work in factories, electrification, banking, and other changes and technologies dramatically expanded the gap between rich and poor. Along with subsequently imposed changes to education and, later, healthcare, national economies and the global economy were increasingly structured to profoundly disconnect ‘ordinary’ people from their land, traditional knowledge and long-standing healthcare practices to make them dependent while dramatically reinforcing an institutional reality progressively consolidated since the dawn of human civilization: Elite control ensured that the economy perpetually redistributed wealth from those who have less to those who have more.
As noted by Adam Smith, for example, in his classic work An Inquiry into the Nature and Causes of the Wealth of Nationspublished in 1775: ‘All for ourselves, and nothing for other people, seems, in every age of the world, to have been the vile maxim of the masters of mankind’.
And this was exemplified, for example, by the 150-year struggle between the bankers working to establish a privately-owned central bank in the newly independent United States and those Presidents (such as Andrew Jackson and Abraham Lincoln) and members of Congress who worked tirelessly to defeat it. In fact: ‘Most of the founding fathers realized the potential dangers of banking and feared bankers’ accumulation of wealth and power.’ Why?
Having observed how the privately-owned British central bank, the Bank of England, had run up the British national debt to such an extent that Parliament had been forced to place unfair taxes on the American colonies, the founders in the US understood the evils of a privately-owned central bank, which Benjamin Franklin later claimed was the real cause of the American Revolution.
As James Madison, principal author of the US Constitution argued: ‘History records that the Money Changers used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money, and its issuance.’ Another founder, Thomas Jefferson, put it this way: ‘I sincerely believe that banking institutions are more dangerous to our liberties than standing armies. The issuing power should be taken from the banks and restored to the people to whom it properly belongs.’ As it turns out, the battle over who would get the power to issue US money raged from 1764, changing hands eight times, until the bankers’ final deceitful victory in 1913 with the establishment of the Federal Reserve System. ‘The battle over who gets to issue our money has been the pivotal issue throughout the history of the United States. Wars are fought over it. Depressions are caused to acquire it. Yet after WWI, this battle was rarely mentioned in the newspapers or history books. Why? By WWI, the Money Changers with their dominant wealth had seized control of most of the nation’s press.’ Watch The Money Masters: How International Bankers Gained Control of America (with the relevant section of the four-part transcript of the video available here: ‘The Money Masters: Part I’.)
Why the objection to a private central bank? Well, consider the formation and ownership of the inaccurately named Bank of England, established in 1694.
By the end of the C17th, England was in financial ruin: 50 years of more or less continuous wars with France and Holland had depleted it. So government officials asked the bankers for the loans necessary to pursue their political purposes. What did these bankers want in return? ‘The price was high: a government-sanctioned, privately owned bank which could issue money created out of nothing.’ It became the world’s first privately-owned central bank and, although it was deceptively called the Bank of England to make people think it was part of the government, it was not. Moreover, like any other private corporation, the Bank of England sold shares to get started. ‘The investors, whose names were never revealed, were supposed to put up 1,250,000 British pounds in gold coins, to buy their shares in the bank. But only 750,000 pounds was ever received.’ Despite that, the bank was duly chartered in 1694 and started the business of loaning out several times the money it supposedly had in reserves, all at interest.
Let me restate that for clarity: The British government legislated to create a privately-owned central bank (that is, a bank owned by a small group of wealthy individuals) that loaned out vast amounts of money it did not have so that it could make a profit by charging interest.
This practice is called ‘fractional reserve banking’ to make it sound like some sophisticated economic concept rather than a deceitful practice that, should you or I do it, we would be jailed. ‘In exchange the Bank would loan the British politicians as much of the new currency as they wanted, as long as they secured the debt by direct taxation of the British people.’ In other words, the Bank could not lose.
So, as William T. Still notes: ‘legalization of the Bank of England amounted to nothing less than the legal counterfeiting of a national currency for private gain.’
‘Unfortunately’, he goes on, ‘nearly every nation now has a privately controlled central bank, using the Bank of England as their basic model. Such is the power of these central banks, that they soon take total control over a nation’s economy. It soon amounts to nothing else than a plutocracy, rule by the rich.’ Watch The Money Masters: How International Bankers Gained Control of America (with the relevant section of the four-part transcript of the video available here: ‘The Money Masters: Part I’.)
Before proceeding, if how the banking system works isn’t your strong point, this brief video does a good job of spelling out essential points in a non-technical way. Watch ‘Banking – the Greatest Scam on Earth’.
In any case, the fundamental point is simple: After 5,000 years, the various processes by which local elites, then ‘national’ elites, then international elites, and now the Global Elite have continuously asserted their control to enhance their capacity to shape how the world works and to accumulate wealth has now reached its climax. Thus we are on the brink of being herded into an Elite-controlled technocracy in which, as the World Economic Forum makes clear: By 2030 ‘You’ll Own Nothing. And You’ll Be Happy.’
So you will own nothing.
And why would you be happy about that? Because you will be a transhuman slave: an organism that no longer even owns their own mind.
Who is the Global Elite and How does it Operate?
Many authors have, directly or indirectly, addressed this question and each has come up with their own nuanced combination of wealthy individuals and families, their political connections, as well as the financial instruments and organizational structures through which their power is gained and exercised.
For the purposes of this study, I am going to define the Global Elite as those families that had acquired their vast wealth and firmly established their preeminent political and economic power in global society by the end of the 19th century. These families have thus played the central role in shaping institutions and events both before but also since that time, thus providing the framework in which other wealthy people have since emerged.
In order to perform their fundamental role in shaping the modern world to serve their purposes, this Elite has facilitated the creation of a vast network of agents – corporations, institutions, other families and individuals – who are owned and/or controlled by this Elite and act as ‘fronts’ to advance Elite interests. In any given period, the Elite families remain largely unchanged (while succeeding generations of individuals further the families’ interests) but the organizational and individual agents through which these families work vary, depending on Elite aims in the contexts it precipitates.
Let me briefly illustrate my approach by using one family – the ‘House of Rothschild’ – as a case study before moving onto a wider description of how Elite families use their wealth to shape corporations, institutions, events and people to serve their own purposes.
In addition, the account draws on sources that report neutrally on Rothschild involvement as well as some sources that are critical. These sources are cited in context below.
By the mid-18th century, the ancestors of Mayer Amschel had long been small merchants in the town ghetto of Frankfurt. But, as a Jew without a family name and before street numbering was used, Mayer was also known by the name some ancestors had used on the house sign where they once lived: Rothschild (Red Shield). With more ability than other merchants and having been sent to learn the rudiments of business in the firm of Wolf Jakob Oppenheim, he became a dealer in rare coins, medals and antiques, the buyers of which were almost invariably aristocratic collectors, including William, Hereditary Prince of Hesse-Kassel. It was this business that enabled Mayer Amschel to accumulate the capital to move into banking, a natural outgrowth of his policy of extending credit to some of his clients. His wealth started to increase rapidly as he focused more on state and merchant banking, both local and international.
With a policy of seeking little profit from interest on loans while seeking trade concessions in other areas, seeking clientele only among ‘the noblest personages in Germany’, secret bookkeeping in parallel with the official one and, later, deploying his five sons to replicate his style and activities in England (Nathan, who, after a few years in Manchester, established himself in the City of London), Paris (Jakob, known as James), Naples (Kalman, or Carl), Vienna (Salomon) as well as Frankfurt (where eldest son Amschel eventually succeeded father Mayer), the Rothschild dynasty and ‘multinational business model’ quickly established itself throughout Europe. Critically, it was serviced by the maintenance of close relationships with leading political figures and salaried agents working in financial markets who provided essential political and commercial news, as well as private communications channels (including coaches with secret compartments) that worked with enormous efficiency.
And it was this ‘Red Shield’ communication network, later operating under Royal patronage, combined with a certain audacity, that enabled the Rothschilds to profit handsomely from a variety of adverse circumstances including the restrictions on trade between England and the continent which characterized the Napoleonic period, and the Napoleonic Wars as well. This included smuggling vast amounts of contraband goods from England to the continent and transferring a substantial hoard of gold bullion through France to finance the feeding of Wellington’s army.
Most spectacularly, and despite family efforts to suppress awareness of this fact, the Rothschilds profited enormously from their privileged notice that Wellington defeated Napoleon at Waterloo in 1815, as recorded by William T. Still and Patrick S.J. Carmack in their 3.5 hour documentary The Money Masters: How International Bankers Gained Control of America (with the relevant section of the four-part transcript of the video available here: ‘The Money Masters: Part II’.)
How did this happen?
Following a long series of wars across Europe and the eastern Mediterranean, during which he was very successful, rapidly promoted and, in 1804, elected Emperor of France, Napoleon was eventually defeated. He abdicated and was exiled to Elba, an island off the Tuscan coast, in 1814 but escaped nine months later in February 1815.
As he returned to Paris, French troops were sent out to capture Napoleon but such was his charisma that ‘the soldiers rallied around their old leader and hailed him as their emperor once again.’ And, having borrowed funds to rearm, in March 1815 Napoleon’s freshly equipped army marched out to be ultimately defeated by Britain’s Duke of Wellington at Waterloo less than three months later. As Still remarks: ‘Some writers claimed Napoleon borrowed 5 million pounds from the Bank of England to rearm. But it appears these funds actually came from Ubard Banking House in Paris. Nevertheless, from about this point on, it was not unusual for privately controlled central banks to finance both sides in a war.’
‘Why would a central bank finance opposing sides in a war?’ Still asks. ‘Because war is the biggest debt generator of them all. A nation will borrow any amount for victory. The ultimate loser is loaned just enough to hold out the vain hope of victory, and the ultimate winner is given enough to win. Besides, such loans are usually conditioned upon the guarantee that the victor will honor the debts of the vanquished.’
While the outcome of the battle at Waterloo was certainly in doubt, back in London Nathan Rothschild planned to use the outcome, no matter who won or lost, to try to seize control over the British stock and bond market and possibly even the Bank of England. How did he do this? Here is one account. ‘Rothschild stationed a trusted agent, a man named Rothworth, on the north side of the battlefield, closer to the English Channel.’ Once the battle had been decided, at the cost of many thousands of French, English and other European lives, Rothworth headed immediately for the Channel. He delivered the news to Nathan Rothschild, a full 24 hours before Wellington’s own courier arrived with the news.
Rothschild hurried to the stock market and, with all eyes on him given the Rothschild’s legendary communications network was well known, others present observed Rothschild knowing that if Wellington had been defeated, and Napoleon was again at large in Europe, the British financial situation would become grave indeed. Rothschild began selling his consoles (British government bonds). ‘Other nervous investors saw that Rothschild was selling. It could only mean one thing: Napoleon must have won, Wellington must have lost.’
The market plummeted. Soon everyone was selling their own consoles and prices dropped sharply. ‘But then Rothschild started secretly buying up the consoles through his agents for only a fraction of their worth hours before.’
Fallacious? As Still concludes this recounting of the episode: ‘One hundred years later, the New York Times ran the story that Nathan Rothschild’s grandson had attempted to secure a court order to suppress a book with that stock market story in it. The Rothschild family claimed that the story was untrue and libelous. But the court denied the Rothschilds’ request and ordered the family to pay all court costs.’
In any case, having built their initial fortune using various means – some of which, as just illustrated, were neither moral nor legal – throughout the 19th century the Rothschild family continued to accumulate wealth through the international bond market, which they played a key role in developing, as well as other forms of financial business: bullion broking and refining, accepting and discounting commercial bills, direct trading in commodities, foreign exchange dealing and arbitrage, even insurance. The Rothschilds also had a select group of clients – usually royal and aristocratic individuals whom they wished to cultivate – to whom they offered a range of ‘personal banking services’ ranging from large personal loans (such as that to the Austrian Chancellor Prince Metternich) to a first class private postal service (for Queen Victoria). The family also had substantial mining interests and was a major industrial investor backing the construction of railway lines in Europe in the 1830s and 1840s. But, apart from its other interests, the family continued to be heavily involved in ‘the money trade’.
‘From 1870 onwards, London was the centre of Britain’s greatest export: money. Vast quantities of savings and earnings were gathered and invested at considerable profit through the international merchant banks of Rothschild, Baring, Lazard, and Morgan in the City’. See Hidden History: The Secret Origins of the First World War, p. 220.
But what, exactly, is the City?
The City of London Corporation, an independent square mile in the heart of London, was founded in about AD50 and quickly established itself as an important commercial centre which ultimately gave birth to some of the world’s greatest financial institutions such as the London Stock Exchange, Lloyd’s of London and, in 1694, the Bank of England. The City’s ‘modern period’ is sometimes dated from 1067.
However, as explained by Nicholas Shaxson, the City ‘is an ancient, [semi-foreign] entity lodged inside the British nation state; a “prehistoric monster which had mysteriously survived into the modern world”, as a 19th century would-be City reformer put it…. the corporation is an offshore island inside Britain, a tax haven in its own right.’ Of course, the term ‘tax haven’ is a misnomer, ‘because such places aren’t just about tax. What they sell is escape: from the laws, rules and taxes of jurisdictions elsewhere, usually with secrecy as their prime offering. The notion of elsewhere (hence the term “offshore”) is central. The Cayman Islands’ tax and secrecy laws are not designed for the benefit of the 50,000-odd Caymanians, but help wealthy people and corporations, mostly in the US and Europe, get around the rules of their own democratic societies. The outcome is one set of rules for a rich elite and another for the rest of us.’
In the words of Shaxson:
The City’s ‘elsewhere’ status in Britain stems from a simple formula: over centuries, sovereigns and governments have sought City loans, and in exchange the City has extracted privileges and freedoms from rules and laws to which the rest of Britain must submit. The City does have a noble tradition of standing up for citizens’ freedoms against despotic sovereigns, but this has morphed into freedom for money. See ‘The tax haven in the heart of Britain’.
As Gerry Docherty and Jim Macgregor explain it then, by 1870:
City influence and investments crossed national boundaries and raised funds for governments and companies across the entire world. The great investment houses made billions, their political allies and agents grew wealthy…. Edward VII, both as king and earlier as Prince of Wales, swapped friendship and honours for the generous patronage of the Rothschilds, Cassel, and other Jewish banking families like the Montagus, Hirschs and Sassoons…. The Bank of England was completely in the hands of these powerful financiers, and the relationship went unchallenged….
The flow of money into the United States during the nineteenth century advanced industrial development to the immense benefit of the millionaires it created: Rockefeller, Carnegie, Morgan, Vanderbilt and their associates. The Rothschilds represented British interests, either directly through front companies or indirectly through agencies that they controlled. Railroads, steel, shipbuilding, construction, oil and finance blossomed…. These small groups of massively rich individuals on both sides of the Atlantic knew one another well, and the Secret Elite in London initiated the very select and secretive dining club, the Pilgrims, that brought them together on a regular basis. See Hidden History: The Secret Origins of the First World War, p. 220.
To choose one example from those just listed, you can read an official account of the Rothschild family’s early involvement in oil production, including its ‘decisive influence’ in the formation of Royal Dutch Shell, in the Rothschild Archive. See ‘Searching for Oil in Roubaix’.
Beyond their investments in the industries just listed, however, the Rothschilds had significant media interests: Their Paribas Bank ‘controlled the all-powerful news agency Havas, which in turn owned the most important advertising agency in France.’ See Hidden History: The Secret Origins of the First World War, p. 214.
And, by the late 19th century, direct Rothschild investment in major ‘armaments companies’ (now better known as weapons corporations) and related industries was substantial with official biographer Niall Ferguson candidly noting ‘If late-nineteenth-century imperialism had its “military-industrial complex” the Rothschilds were unquestionably part of it.’ See The House of Rothschild – Volume 2 – The World’s Banker, 1849-1998, p. 579.
Of course, as noted previously, the Rothschild family is not the only family that uses its wealth to exercise enormous economic and political power and to profit from war, but the evidence suggests that it has long been the most deeply entrenched in the institutions, including those it has created, that facilitate the exercise of this power. Moreover, it is linked to many other wealthy families through a multitude of arrangements as will be shown.
Consider the following examples of how the power of wealth is exercised and note the names of some other wealthy families.
Invariably working ‘in the background’, elite figures spend considerable time manipulating ‘well-positioned’ people, and none are more adept at this than the Rothschilds. To cite just one of many examples, ‘both the great estates of Balmoral and Sandringham, so intimately associated with the British royal family, were facilitated, if not entirely paid for, through the largess of the House of Rothschild’ thus maintaining the long-standing Rothschild tradition of gifting ‘loans’ – that is, bribes, as the brothers had long before privately acknowledged – to royalty (and other key officials).
Of course, this manipulation of people is done to ensure the creation of particular institutions or to precipitate or facilitate a particular sequence of events. Just one obvious example of this occurred when the British government was manipulated into the Boer War of 1899-1902 by ‘the secret society of Cecil Rhodes’ as it was originally known and of which Lord (Nathan) Rothschild was a founding member along with Alfred, later Lord, Milner who succeeded Rhodes as head of this exclusive secret club. While the British public was given a more palatable pretext for this war via the media, it was fundamentally fought to defend and consolidate the rich South African gold-mining interests of wealthy businesspeople, including the Rothschilds. By the time the war ended, the Transvaal’s gold was finally in their hands. The cost? ‘32,000 deaths in the concentration camps, [of whom more than 26,000 were women and children]; 22,000 British Empire troops were killed and 23,000 wounded. Boer casualties numbered 34,000. Africans killed amounted to 14,000.’ See Hidden History: The Secret Origins of the First World War, pp. 23 & 38-50 and The Anglo-American Establishment: From Rhodes to Cliveden.
The US Federal Reserve System
In his classic work The Creature from Jekyll Island: A Second Look at the Federal Reserve, in which he describes the formation, structure and function of the US Federal Reserve System, which governs banking in the United States, G. Edward Griffin identified the seven men and who they represented, at the secret meeting held at the private resort of J.P. Morgan on Jekyll Island off the coast of Georgia in November 1910 when the System was conceived (and later passed as The Federal Reserve Act in 1913).
The seven men at this meeting represented the great financial institutions of Wall Street and, indirectly, Europe as well: that is, they represented one-quarter of the total wealth of the entire world. They were Nelson W. Aldrich, Republican ‘whip’ in the US Senate, Chair of the National Monetary Commission and father-in-law of John D. Rockefeller Jr.; Henry P. Davison, senior partner of J.P. Morgan Company; Charles D. Norton, President of the 1st National Bank of New York; A. Piatt Andrew, Assistant Secretary of the Treasury; Frank A. Vanderlip, President of the National City Bank of New York, representing William Rockefeller; Benjamin Strong, head of J.P. Morgan’s Bankers Trust Company and later to become head of the System; and Paul M. Warburg, a partner in Kuhn, Loeb & Company, representing the Rothschilds and Warburgs in Europe.
But lest you think that there is some ‘diversity’ here, long-standing ties generated from huge financial injections at crucial times meant that several other key banks owed much to Rothschild wealth. For example, in 1857 a run on U.S. banks saw the bank Peabody, Morgan and Company in deep trouble as four other banks were driven out of business. But Peabody, Morgan and Company was saved by the Bank of England. Why? Who initiated the rescue? According to Docherty and Macgregor, ‘The Rothschilds held immense sway in the Bank of England and the most likely answer is that they intervened to save the firm. Peabody retired in 1864, and Junius Morgan inherited a strong bank with powerful links to Rothschild.’ Junius was the father of J.P. Morgan. See Hidden History: The Secret Origins of the First World War, p. 222.
A similar thing happened when Nathaniel Rothschild headed the Bank of England committee that rescued Barings Bank from imminent collapse in 1890. But other big banks ‘were beholden to or fronts for the Rothschilds…. Like J.P. Morgan, Barings and Kuhn Loeb, the M.M. Warburg Bank owed its survival and ultimate success to Rothschild money.’ To reiterate then: ‘by the early twentieth century numerous major banks, including J.P. Morgan and Barings, and armaments firms, were beholden to or fronts for the Rothschilds.’ And this had many advantages. J.P. Morgan, who was deeply involved with the Pilgrims – an exclusive club that linked major U.K. and U.S. businesspeople – was clearly perceived as an upright Protestant guardian of capitalism, who could trace his family roots to pre-Revolutionary times, so by acting in the interests of the London Rothschilds he shielded their American profits from the poison of anti-Semitism.
But the connections do not end there. Superficially, ‘there were periods of blistering competition between the investment and banking houses, the steel companies, the railroad builders and the two international goliaths of oil, Rockefeller and Rothschilds, but by the turn of the century the surviving conglomerates adopted a more subtle relationship, which avoided real competition.’ A decade earlier, Baron de Rothschild had accepted an invitation from John D. Rockefeller to meet in New York behind the closed doors of Standard Oil’s headquarters on Broadway where they had quickly reached a confidential agreement. ‘Clearly both understood the advantage of monopolistic collusion.’ The apparent rivalry between major stakeholders in banking, industry and commerce has long been a convenient facade, which they are content to leave much of the world believing. See Hidden History: The Secret Origins of the First World War, pp. 222-225.
Beyond business and financial links of this nature, of course, there is marriage. For example, according to Dean Henderson: ‘The Warburgs, Kuhn Loebs, Goldman Sachs, Schiffs and Rothschilds have intermarried into one big happy banking family. The Warburg family… tied up with the Rothschilds in 1814 in Hamburg, while Kuhn Loeb powerhouse Jacob Schiff shared quarters with Rothschilds in 1785. Schiff immigrated to America in 1865. He joined forces with Abraham Kuhn and married Solomon Loeb’s daughter. Loeb and Kuhn married each others sisters and the Kuhn Loeb dynasty was consummated. Felix Warburg married Jacob Schiff’s daughter. Two Goldman daughters married two sons of the Sachs family, creating Goldman Sachs. In 1806 Nathan Rothschild married the oldest daughter of Levi Barent Cohen, a leading financier in London.’ See Big Oil and Their Bankers in the Persian Gulf: Four Horsemen, Eight Families and Their Global Intelligence, Narcotics and Terror Network, p. 488.
So to return to the foundation of the US Federal Reserve System, according to Griffin:
The reason for secrecy was simple. Had it been known that rival factions of the banking community had joined together, the public would have been alerted to the possibility that the bankers were plotting an agreement in restraint of trade – which, of course, is exactly what they were doing.
What emerged was a cartel agreement with five objectives:
stop the growing competition from the nation’s newer banks;
obtain a franchise to create money out of nothing for the purpose of lending;
get control of the reserves of all banks so that the more reckless ones would not be exposed to currency drains and bank runs;
get the taxpayer to pick up the cartel’s inevitable losses; and convince Congress that the purpose was to protect the public.
It was realized that the bankers would have to become partners with the politicians and that the structure of the cartel would have to be a central bank. The record shows that the Fed has failed to achieve its stated objectives. That is because those were never its true goals. As a banking cartel, and in terms of the five objectives stated above, it has been an unqualified success.
To reiterate Griffin’s key point: ‘a primary objective of that cartel was to involve the federal government as an agent for shifting the inevitable losses from the owners of those banks to the taxpayers.’ And this is confirmed by the ‘massive evidence of history since the System was created’.
Or, in the words of economics Professor Antony C. Sutton, who carefully detailed the longstanding links between Wall Street and the family of US President Franklin D. Roosevelt, including Roosevelt himself (a banker and speculator from 1921 to 1928): ‘The Federal Reserve System is a legal private monopoly of the money supply operated for the benefit of a few under the guise of protecting and promoting the public interest.’ See Wall Street and F.D.R.
And, as U.S. Congressman Louis Thomas McFadden, chairman of the House Committee on Banking and Currency, observed in 1932: ‘When the Federal Reserve Act was passed, the people of the United States did not perceive that… this country was to supply financial power to an international superstate – a superstate controlled by international bankers and international industrialists acting together to enslave the world for their own pleasure.’ See ‘Speech by Rep. Louis T. McFadden denouncing the Federal Reserve System’.
Equally importantly, creation of the Federal Reserve was just one of many preliminary steps taken over a 25-year period by a select group of men in key positions who conspired to ignite The Great War to both shape the future world order and profit enormously from the death and destruction. You can read detailed accounts of what took place, including key players, their motives and instigation of the Boer War in South Africa, touched on above, as part of the process, in books such as these:
The primary cost of World War I was 20 million human lives, but it was immensely profitable for some.
The Bank for International Settlements
Another critical development in this period was the creation of the Bank for International Settlements (BIS) – as ‘the central bank of central banks’ – in 1930. As described by Professor Carroll Quigley, the BIS was the apex of efforts by elite bankers ‘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.’
But the push started many years before with Montagu Norman (Bank of England) and Benjamin Strong (the first governor of the Federal Reserve Bank of New York) both committed advocates. ‘In the 1920’s, they were determined to use the financial power of Britain and of the United States to force all the major countries of the world to go on the gold standard and to operate it through central banks free from all political control, with all questions of international finance to be settled by agreements by such central banks without interference from governments.’
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.
Each central bank, in the hands of men like Montagu Norman of the Bank of England, Benjamin Strong of the New York Federal Reserve Bank, Charles Rist of the Bank of France, and Hjalmar Schacht of the Reichsbank, sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world. The B.I.S. as a private institution was owned by the seven chief central banks and was operated by the heads of these, who together formed its governing board.
But, Quigley points out:
It must not be felt that these heads of the world’s chief central banks were themselves substantive powers in world finance. They were not. Rather, they were the technicians and agents of the dominant investment bankers of their own countries, who had raised them up and were perfectly capable of throwing them down.
The substantive financial powers of the world were in the hands of these investment bankers (also called ‘international’ or ‘merchant’ bankers) who remained largely behind the scenes in their own unincorporated private banks.
These formed a system of international cooperation and national dominance which was more private, more powerful, and more secret than that of their agents in the central banks. This dominance of investment bankers was based on their control over the flows of credit and investment funds in their own countries and throughout the world. They could dominate the financial and industrial systems of their own countries by their influence over the flow of current funds through bank loans, the discount rate, and the re-discounting of commercial debts; they could dominate governments by their control over current government loans and the play of the international exchanges. Almost all of this power was exercised by the personal influence and prestige of men who had demonstrated their ability in the past to bring off successful financial coupe, to keep their word, to remain cool in a crisis, and to share their winning opportunities with their associates. In this system the Rothschilds had been preeminent during much of the nineteenth century. See Tragedy & Hope: A History of the World in Our Time, pp. 242-3 & 245.
Ensuring that this select group of international bankers could operate without any form of accountability to any other authority in the world, the BIS ‘Headquarters Agreement with Switzerland’ Articles 4 and 12 specifically identify a range of ‘privileges and immunities’ that, among others, provide that ‘The Bank shall enjoy immunity from jurisdiction’ and ‘members of the Board of Directors of the Bank, together with the representatives of those central banks which are members of the Bank’ with ‘immunity from arrest or imprisonment’. See ‘Agreement between the Swiss Federal Council and the Bank for International Settlements to determine the Bank’s legal status in Switzerland’.
Beyond this, as Sutton notes, because politicians sympathetic to financial capitalism and academics with ideas about world control are kept in line with a system of rewards and penalties, ‘in the early 1930s the guiding vehicle for this international system of financial and political control’ was the BIS, headquartered in Basle. The BIS ‘continued its work during World War II as the medium through which the bankers – who… were not at war with each other – continued a mutually beneficial exchange of ideas, information, and planning for the post-war world.’ In this sense only, the war was irrelevant to them. See Wall Street and The Rise of Hitler, pp. 11-12.
So while elite figures, including the Rothschilds, continued to shape institutions and events to restructure world order and make it more profitable for themselves, virtually everyone else in the world was an unwitting victim of their secret programs, many at the cost of their own life.
A notable exception was US Major General Smedley Butler who at least spelled out the critical role that war played in wealth creation for the elite. Following more than three decades of highly-decorated service in the US Marine Corp, Butler later described his experience in the following terms: ‘I spent most of my time being a high-class muscle man for Big Business, for Wall Street and for the bankers. In short, I was a racketeer for capitalism.’ See ‘Major General Smedley Butler’.
In his book published in 1935, he wrote:
‘War is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious…. It is the only one in which the profits are reckoned in dollars and the losses in lives…. It is conducted for the benefit of the very few, at the expense of the very many. Out of war a few people make huge fortunes.’
He went on to describe some of the individuals and corporations that made huge profits out of World War I. See War Is A Racket.
World War II
And, just a few years later, World War II demonstrated that ‘war is a racket’ yet again. By carefully penetrating the cloak of deception behind which it was hidden, Professor Antony C. Sutton considered original documentation and eyewitness accounts to reveal what remains one of the most remarkable and under-reported facts of World War II. In his account of this orchestrated conflagration, Sutton carefully documents how prominent Wall Street banks and US businesses supported Hitler’s rise to power by financing and trading with Nazi Germany, reaching the unsavory conclusion that ‘the catastrophe of World War II was extremely profitable for a select group of financial insiders’ including J.P. Morgan, T.W. Lamont, the Rockefeller interests, General Electric, Standard Oil, and the National City, Chase, and Manhattan banks, Kuhn, Loeb and Company, General Motors, Ford Motor Company, and scores of others in ‘the bloodiest, most destructive war in history’. See Wall Street and The Rise of Hitler.
To illustrate the complex and wide-ranging collaboration between US business interests and the Nazis throughout the war, consider just one example: On the eve of World War II the German chemical complex of I.G. Farben, which included the banker Max Warburg (brother of Paul of the US Federal Reserve) on its Board of Directors, was the largest chemical manufacturing enterprise in the world, with extraordinary political and economic power within Hitler’s Nazi state. The Farben cartel dated from 1925 and had been created with financial assistance from Wall Street by the organizing genius of Hermann Schmitz, a prominent early Nazi who, through I.G. Farben, helped fund Hitler’s seizure of control in March 1933. Schmitz created the super-giant chemical enterprise out of six already giant German chemical companies.
So critical was I.G. Farben to the Nazi war effort that it produced 100% of its lubricating oil and various other products, 95% of its poison gas – ‘enough gas to kill 200 million humans’ – used in the extermination chambers, 84% of its explosives, 70% of its gunpowder, and very high proportions of many other critical products including aviation fuel. As Sutton concludes: ‘Without the capital supplied by Wall Street, there would have been no I.G. Farben in the first place and almost certainly no Adolf Hitler and World War II.’ See Wall Street and The Rise of Hitler, pp.17-20.
The cost in human lives of World War II was 70-85 million. But there was no cost to those Wall Street corporations and their fellow war profiteers that collaborated with Nazi Germany. Just massive profits.
Following World War II
Documenting what had become the long-standing collusion between political, corporate and military elites, sociology Professor C. Wright Mills published his classic work The Power Elite in 1956. This scholarly effort was among the earliest of the post-World War II era to document the nature of the US elite and how it functioned, highlighting the interlocking power of corporate, political and military elites as they exercised control over US national society and went about the task of exploiting the general population.
But a weakness of the account by Mills was his failure to grapple with the already long-standing power of a global elite to manipulate key events in any one country, and certainly the United States, even if much of this was done through the relevant national elite(s).
This ‘global reach’ of the Elite is again clearly apparent in any study of ownership of the world’s oil resources. In his 1975 book The Seven Sisters, Anthony Sampson popularized this collective name for the shadowy oil cartel that, throughout its history, had vigorously worked to eliminate competitors and control the world’s oil. See The Seven Sisters: The Great Oil Companies and the World They Shaped. Several decades later, Dean Henderson simply observed that ‘After a tidal wave of mergers at the turn of the millennium, Sampson’s Seven Sisters were Four Horsemen: Exxon Mobil, Chevron Texaco, BP Amoco and Royal Dutch/Shell.’ Beyond this, however, Henderson noted the following:
The oil wealth generated in the Persian Gulf region is the main source of capital [for the international mega-banks]. They sell the Gulf Cooperation Council sheiks 30-year treasury bonds at 5% interest, then loan the sheiks’ oil money out to Third World governments and Western consumers alike at 15-20% interest. In the process these financial overlords – who produce nothing of economic import – use debt as their lever in consolidating control over the global economy.
And, following a series of mergers and then the 2008 banking crisis, four giant banks emerged to dominate the US economy: JP Morgan Chase, Citigroup, Bank of America and Wells Fargo. Moreover, these banks, along with Deutsche Bank, Banque Paribas, Barclays ‘and other European old money behemoths’, own the four oil giants and are also ‘among the top 10 stock holders of virtually every Fortune 500 corporation’ giving them vast control over the global economy.
So who owns these banks? By now it should come as no surprise that several scholars at different times during the past 100 years have investigated this issue and come to essentially the same conclusion: the major families, increasingly interrelated by blood, marriage and/or business interests, have simply consolidated their control over the banks. Apart from scholars already mentioned above, in the 1983 revision of his book, Eustace Mullins noted that a few families still controlled the New York City banks which, in turn, hold the controlling stock of the Federal Reserve Bank of New York. Mullins identified the families of the Rothschilds, Morgans, Rockefellers, Warburgs and others.
Several scholars have written on the subject of elite power since Mills with Professor Peter Phillips penning the 2018 book Giants: The Global Power Elite which reviews ‘the transition from the nation state power elites described by Mills to a transnational power elite centralized on the control of global capital around the world. The Global Power Elite function as a nongovernmental network of similarly educated wealthy people with common interests of managing, facilitating, and protecting concentrated global wealth and insuring the continued growth of capital.’
Aside from the obvious criticism that Phillips effectively repeats the mistake made by Mills in assuming that there was no pre-existing ‘transnational power elite’ even if in different form, Phillips goes on to usefully identify the world’s top seventeen asset management firms, such as BlackRock and J.P Morgan Chase, that collectively manage (by now) more than $US50 trillion in a self-invested network of interlocking capital that spans the globe.
More precisely, Phillips identifies the 199 individual directors of the seventeen global financial Giants and the importance of those transnational institutions that serve a unifying function – including:
the World Bank, International Monetary Fund, G20, G7, World Trade Organization (WTO),
And Phillips carefully explains why and how the Global Elite defends its power, profits and privilege against rebellion by the ‘unruly exploited masses’: ‘the Global Power Elite uses NATO and the US military empire for its worldwide security…. The whole system continues wealth concentration for elites and expanded wretched inequality for the masses.’ Advocating the importance of systemic change and the redistribution of wealth, Phillips goes on to argue that ‘This concentration of protected wealth leads to a crisis of humanity, whereby poverty, war, starvation, mass alienation, media propaganda, and environmental devastation are reaching a species-level threat.’
Hence, it is worth reiterating: War plays an ongoing and vital role in the exercise of Elite power to reshape world order to maximize wealth concentration by the Elite. If you want further evidence of this, you might find these recent reports instructive: the US Congressional Research Service report
But, as the discussion above and below illustrates, war is not the only mechanism the Elite uses.
For an account which focuses on identifying many of the world’s largest corporations, in many industries, and then illustrates the interlocking nature of corporate ownership while demonstrating that they are all owned by the same small group of giant asset management corporations – notably including Vanguard, BlackRock and State Street – this video is very instructive:‘Monopoly: Who Owns the World?’
And for a penetrating critique of BlackRock and its overall strategy to acquire vast worldwide control, including by using its Aladdin investment analysis technology (which employs massive data collection, artificial intelligence and machine learning to derive investment insight),
In the ‘Monopoly’ video, you will again see the names of some familiar individuals and families who own significant shareholdings in these corporations and asset management firms. After showcasing families such as the Rothschilds, Rockefellers and Morgans, the narrator simply observes in relation to Vanguard that its ‘largest shareholders are the private funds and nonprofit organizations of these families’.
And if you think that national Elites in countries like China and Russia are somehow not involved in all this, you might find it interesting to read articles that discuss the wealth and political influence of the Chinese ‘immortals’ and the Russian oligarchs –
Beyond this, however, Emanuel Pastreich points out that if anyone attributes responsibility for Chinese policies in relation to data collection and control based on QR codes and contact tracing, they inevitably identify the Chinese government.
‘But the truth is that few, or none, of these policies were made up or implemented by the Chinese government itself, but rather that the Chinese government is occupied by IT corporations that report to the billionaires (often through Israel and the United States) and bypass the Chinese government altogether.’
Pastreich goes on to offer some insight into how key Elite intelligence and finance corporations are driving the technocratic social control policies being implemented under cover of the ‘virus’ in China.
In fact, as Patrick Wood points out, referencing a much earlier book of his own and Professor Antony Sutton – see Trilaterals Over Washington Volumes I & II – ‘Thanks to early members of the [Elite’s] Trilateral Commission, China was brought out of its dark ages Communist dictatorship and onto the world stage. Furthermore, the Trilateral Commission orchestrated and then facilitated a massive transfer of technology to China in order to build up its non-existent infrastructure…. As a failed Communist dictatorship, China was a blank slate with over 1.2 billion citizens under its control. However, Chinese leadership knew nothing about capitalism and free enterprise, and [key Trilateralist Zbigniew] Brzezinski made no effort to teach them about it. Instead, he planted seeds of Technocracy…. In the 20-year period from 1980 to 2000, a transformation took place that was considered nothing short of an economic miracle; but it was not of China’s doing. Rather, it can be fully attributed to the masters of Technocracy within the ranks of the Trilateral Commission.’ After listing several key features of China’s technocracy (5G, AI, social credit scores…), Wood concludes that ‘China is a full-blown Technocracy and it is the first of its kind on planet earth.’ See this article on China as one of Wood’s 12-part series on technocracy: ‘Day 7: China Is A Technocracy’.
And in relation to Russia, Riley Waggaman simply observes that ‘As for “COVID-triggered” economic restructuring: the Russian government has openly embraced the World Economic Forum’s Fourth Industrial Revolution. In October [2021], the Russian government and the WEF signed a memorandum on the establishment of a Center for the Fourth Industrial Revolution in Russia.
Russia has already adopted a law allowing for “experimental legal regimes” to allow corporations and institutions to deploy AI and robots into the economy, without being encumbered by regulatory red tape. Returning to Gref and his digital Sbercoin: Russia’s central bank is already planning to test-run a digital ruble that, among other nifty features, could be used to restrict purchases.’ See ‘I believe we are facing an evil that has no equal in human history’.
Separately from this, bear in mind that the Elite, as well as its agents and organizations (including those in China and Russia), have vast wealth stashed in ‘secrecy jurisdictions’ (better known as tax havens): locations around the world where wealthy individuals, criminals and terrorists, as well as governments and government agencies (such as the CIA), banks, corporations, hedge funds, international organizations (such as the Vatican) and crime syndicates (such as the Mafia), can stash their money so that they can avoid regulation and oversight, and evade tax. Just how much wealth is stashed in tax havens? While this is impossible to know precisely, it can only be measured in tens of trillions of dollars as well as an unknown number of gold bricks, artworks, yachts and racehorses.
How is this possible? Well, it is protected by government legislation and legal systems, with an ‘army’ of Elite agents – accountants, auditors, bankers, businesspeople, lawyers and politicians – ensuring that they remain protected. The point here is simple: if you have enough money, the law simply does not exist. And you can evade taxes legally and in the full knowledge that your vast profits (even from immorally-acquired wealth such as sex trafficking, gun-running, endangered species trafficking, conflict diamonds and drug trafficking) are ‘lawful’ and will escape regulation and oversight of any kind. See ‘The Rule of Law: Unjust and Violent’.
But legal systems facilitate monstrous injustice in other ways too. For example, they ensure that owners of corporations are enabled to ruthlessly exploit both their workers and all taxpayers as well. For a thoughtful and straightforward account of how this works, see this article by Professor James Petras: ‘How Billionaires Become Billionaires’.
According to Dean Henderson writing in 2010, it is ‘the Goldman Sachs, Rockefellers, Lehmans and Kuhn Loebs of New York; the Rothschilds of Paris and London; the Warburgs of Hamburg; the Lazards of Paris; and the Israel Moses Seifs of Rome.’
Henderson goes on to state that ‘The control that these banking families exert over the global economy cannot be overstated and is quite intentionally shrouded in secrecy. Their corporate media arm is quick to discredit any information exposing these money powers as halfbaked conspiracy theory. The word “conspiracy” itself has been demonized, much like the word “communism”. Anyone who dare utter the word is quickly excluded from public debate and written off as insane. Yet the facts remain.’
In his exceptionally detailed investigation into three major historical events of the C20th – the Bolshevik Revolution, the rise of Franklin D. Roosevelt and the rise of Hitler – Professor Antony Sutton identified the seat of political power in the United States not as the US Constitution authorized but ‘the financial establishment in New York: the private international bankers, more specifically the financial houses of J.P. Morgan, the Rockefeller-controlled Chase Manhattan Bank, and in earlier days (before amalgamation of their Manhattan Bank with the former Chase Bank), the Warburgs.’
For most of the twentieth century the Federal Reserve System, particularly the Federal Reserve Bank of New York (which is outside the control of Congress, unaudited and uncontrolled, with the power to print money and create credit at will), has exercised a virtual monopoly over the direction of the American economy. In foreign affairs the Council on Foreign Relations, superficially an innocent forum for academics, businessmen, and politicians, contains within its shell, perhaps unknown to many of its members, a power center that unilaterally determines U.S. foreign policy. The major objective of this submerged – and obviously subversive – foreign policy is the acquisition of markets and economic power (profits, if you will), for a small group of giant multi-nationals under the virtual control of a few banking investment houses and controlling families. See Wall Street and The Rise of Hitler, pp.125-126.
So what has changed?
Nothing has changed.
But it is not just fine scholars who have reached this conclusion. Consider David Rockefeller’s delusionary whitewashing of his own family’s key role in the killing, devastation and destruction outlined above: ‘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’s the charge, I stand guilty, and I am proud of it…. one of the most enduring [conspiracies] is that a secret group of international bankers and capitalists, and their minions, control the world’s economy…. [but these people] ignore the tangible benefits that have resulted from our active international role during the past half-century’. See Memoirs, p. 483.
If you are wondering how all of this happens without any significant pushback from within elite circles, there is a simple answer: They are all insane and control to maximize resource accumulation has become the perpetual substitute for their destroyed capacity to engage emotionally in their own lives and empathize with their fellow human beings. For more detail, see ‘Love Denied: The Psychology of Materialism, Violence and War’ and ‘The Global Elite is Insane Revisited’.
So while some of us occasionally ponder how we can contribute more to improve the human condition and the state of the world, and then endeavour to do something along those lines, there are plenty of terrified people whose daily life is consumed (consciously or unconsciously) by the question ‘How can I take more?’ And people like that have been taking more since the dawn of human civilization and, no doubt, earlier.
The Global Elite is simply those who have been insanely ruthless and organized enough to take more, whatever the cost to humanity and all other life on Earth.
The Post World War II Superstructure to Transform World Order, Destroy the World Economy and Capture All Wealth
So how, precisely, is the Global Elite driving the transformation of world order, the collapse of the world economy and capturing final control of all wealth?
There are three parts to the answer to this question: 1. The foundations progressively laid over the past 5,000 years, as outlined above; 2. The superstructure (including such institutions as the United Nations, the World Bank and International Monetary Fund) that has been built since World War II and, more recently, under the guise of the United Nation’s Sustainable Development agenda, to impose global governance on the human population and, particularly, to intrude global financial governance into every aspect of our lives. In the words of Iain Davis and Whitney Webb, this is because the UN’s sustainable development goals ‘do not promote “sustainability” as most conceive it and instead utilise the same debt imperialism long used by the Anglo-American Empire to entrap nations in a new, equally predatory system of global financial governance’ – see ‘Sustainable Debt Slavery’ – and 3. The final part relates to political, economic and, especially, technological measures being imposed as part of the World Economic Forum’s ‘Great Reset’ under cover of the fake narrative about a Covid-19 ‘pandemic’.
If we briefly consider elements of the post-World War II superstructure, for example, both the World Bank and International Monetary Fund have historically used debt to force countries, mostly in the developing world, to adopt policies that redistribute wealth to the elite via their banks, corporations and institutions. But corporations have employed their own ‘economic hit men’ to do the same thing: By identifying and ‘persuading’ leaders of developing nations, using a variety of devices – ranging from false economic projections and bribes to military threats and assassinations – to accept enormous ‘development’ loans for projects which are contracted with western corporations, countries quickly become entrapped in debt. This is then used to force those countries to implement unpopular austerity policies, deregulate financial and other markets, and privatize state assets, thus eroding national sovereignty. See The New Confessions of an Economic Hit Man.
If you want to read further evidence of the role of the World Bank and the IMF as agents of Elite policy against nation-states, you might find the US Army’s manual of unconventional warfare interesting. See ‘Army Special Operations Forces: Unconventional Warfare’. Originally released by Wikileaks in 2008 and described by them as the US military’s ‘regime change handbook’, as elaborated by Webb, ‘the U.S. Army states that major global financial institutions – such as the World Bank, International Monetary Fund (IMF), the Organization for Economic Cooperation and Development (OECD) [and the Bank for International Settlements (BIS] – are used as unconventional, financial “weapons in times of conflict up to and including large-scale general war,” as well as in leveraging “the policies and cooperation of state governments.”’ See ‘Leaked Wikileaks Doc Reveals US Military Use of IMF, World Bank as “Unconventional” Weapons’.
Beyond this, however, what we have seen since the UN, increasingly a tool of corporations since the 1990s, adopted its Sustainable Development Goals is a dramatically expanded set of mechanisms designed to enslave the bulk of the human population, not just those in ‘developing’ countries, and take complete control of Earth’s ecosystems and natural processes.
While this sanitized account obscures the threat it poses to humankind, Iain Davis and Whitney Webb have thoughtfully critiqued it – see ‘Sustainable Debt Slavery’ – noting that even a 2016 UN Department of Economic and Social Affairs report – see ‘Public-Private Partnerships and the 2030 Agenda for Sustainable Development: Fit for purpose?’ – also found it ‘unfit for purpose’. So what is it? According to Davis, the Global Public-Private Partnership (G3P) is a worldwide network of stakeholder capitalists and their partners: the Bank for International Settlements, central banks, global (including media) corporations, the ‘philanthropic’ foundations of multi-billionaires, policy think tanks, governments (and their agencies), key non-governmental organizations and global charities, selected academic and scientific institutions, labour unions and other chosen ‘thought leaders’. (You can see an instructive diagram in the article cited below.)
The G3P controls the world economy and global finance. ‘It sets world, national and local policy (via global governance) and then promotes those policies using the mainstream media’, typically distributes the policies through an intermediary such as the IMF, WHO or IPCC and uses governments to transform G3P global governance into hard policy, legislation and law at the national level. ‘In this way, the G3P controls many nations at once without having to resort to legislation. This has the added advantage of making any legal challenge to the decisions made by the most senior partners in the G3P (an authoritarian hierarchy) extremely difficult.’ In short: global governance has already superseded the national sovereignty of states: ‘National governments had been relegated to creating the G3P’s enabling environment by taxing the public and increasing government borrowing debt.’ See ‘What Is the Global Public-Private Partnership?’
As Davis notes: We are supposed to believe that a G3P-led system of global governance is beneficial for us and to accept that global corporations are committed to putting humanitarian and environmental causes before profit, when the conflict of interest is obvious. ‘Believing this requires a considerable degree of naïveté.’ Davis clearly perceives ‘an emergent global, corporate dictatorship that cares not one whit about truly stewarding the planet. The G3P will determine the future state of global relations, the direction of national economies, the priorities of societies, the nature of business models and the management of a global commons. There is no opportunity for any of us to participate in either their project or the subsequent formation of policy.’ Davis goes on: ‘in theory, governments do not have to implement G3P policy, in reality they do. Global policies have been an increasing facet of our lives in the post-WW2 era…. It doesn’t matter who you elect, the policy trajectory is set at the global governance level. This is the dictatorial nature of the G3P and nothing could be less democratic.’
Another initiative was launched at the COP26 conference in November 2021. The Glasgow Financial Alliance for Net Zero (GFANZ) is an industry-led and UN-convened alliance of private banking and financial institutions that announced plans to overhaul the role of global and regional financial institutions, including the World Bank and IMF, as part of a broader plan to ‘transform’ the global financial system. See ‘Our progress and plan towards a net-zero global economy’.
But this report makes it clear that GFANZ will simply employ the same exploitative tactics that the ‘economic hitmen’ and agents such as the multilateral ‘development’ banks (MDBs) – including the World Bank, Inter-American Development Bank, Asian Development Bank, the African Development Bank and the European Bank for Reconstruction and Development – have long used to force even greater deregulation on ‘developing’ countries to facilitate supposedly climate and environmentally-friendly investments by alliance members. In fact, composed of several “subsector alliances”, including the Net Zero Asset Managers Initiative, the Net Zero Asset Owner Alliance and the Net Zero Banking Alliance, GFANZ commands ‘a formidable part of global private banking and finance interests’. Moreover, the ‘largest financial players’ who dominate GFANZ include the CEOs of BlackRock, Citi, Bank of America, Banco Santander and HSBC as well as the CEO of the London Stock Exchange Group and chair of the Investment Committee of the David Rockefeller Fund. In essence then, as Whitney Webb goes on to explain it:
[T]hrough the proposed increase in private-sector involvement in MDBs, such as the World Bank and regional development banks, alliance members seek to use MDBs to globally impose massive and extensive deregulation on developing countries by using the decarbonization push as justification. No longer must MDBs entrap developing nations in debt to force policies that benefit foreign and multinational private-sector entities, as climate change-related justifications can now be used for the same ends….
Though GFANZ has cloaked itself in lofty rhetoric of ‘saving the planet,’ its plans ultimately amount to a corporate-led coup that will make the global financial system even more corrupt and predatory and further reduce the sovereignty of national governments in the developing world. See ‘UN-Backed Banker Alliance Announces “Green” Plan to Transform the Global Financial System’.
But, again, it is not just their fellow human beings over whom the Elite wants total control. They want that control over nature too, and that is yet another project in which the Elite has been long engaged.
Hence, in September 2021, the New York Stock Exchange (NYSE) announced the launch of a new asset class, jointly developed with Intrinsic Exchange Group (IEG) – whose founding investors included the Inter-American Development Bank and the Rockefeller Foundation – for Natural Asset Companies: ‘sustainable enterprises that hold the rights to ecosystem services’ that enable natural asset owners ‘to convert nature’s value into financial capital, providing additional resources necessary to power a sustainable future’.
According to the IEG: ‘Natural areas, underpinned by biodiversity, are inherently valuable in and of themselves.’ See ‘Natural Areas’. Either unaware of their ignorance or, perhaps, making hypocritically tokenistic use of some key words often-expressed by indigenous peoples and deep ecologists (including the inventor of the term ‘deep ecology’, Professor Arne Naess, in his 1973 article ‘The Shallow and the Deep, Long-Range Ecology Movement’) – the IEG goes on to express this ‘value’ in strictly economic terms: ‘They also contribute life supporting services upon which humanity and the global economy depends. These include provisioning services such as food, water, timber, and genetic resources; regulating services that affect climate, floods, disease, and water quality; cultural services that provide recreational, aesthetic, and spiritual benefits; and supporting services such as soil formation, photosynthesis, and nutrient cycling.’
Elaborating the IEG’s delusional conception of how further business investment in natural resources will work, Douglas Eger, the CEO of IEG, suggests that ‘This new asset class on the NYSE will create a virtuous cycle of investment in nature that will help finance sustainable development for communities, companies and countries.’ Really? I wonder how. But IEG’s motives are more likely revealed in this fact: ‘The asset class was developed to enable exposure to the opportunities created by the estimated $125 trillion annual global ecosystem services market, encompassing areas such as carbon sequestration, biodiversity and clean water.’
Hence, to clarify: corporations are now engaged in the largest land and resource grab in history. This will enable Elite corporations to privately own the ecosystem services of a pristine rainforest, a majestic waterfall plunging into a lagoon, an expansive grassland, a picturesque cave, a magnificent wetland, a trout-filled lake, a beautiful coral reef or other natural area and then sell clean air, fresh water, pollination services, food, medicines, and a range of biodiversity services such as the enjoyment of nature, while displacing the world’s remaining indigenous populations.
So what about the Commons? ‘The Commons is property shared by all, inclusive of natural products like air, water, and a habitable planet, forests, fisheries, groundwater, wetlands, pastures, the atmosphere, the high seas, Antarctica, outer space, caves, all part of ecosystems of the planet.’ Or are corporations finally about to own the Commons as well? See ‘Mother Nature, Inc.’
Are we to reduce everything in nature to its value as a profit-making commodity?
As Robert Hunziker concludes his own critique of this initiative: ‘The sad truth is Mother Nature, Inc. will lead to extinction of The Commons, as an institution, in the biggest heist of all time. Surely, private ownership of nature is unseemly and certainly begs a much bigger relevant question that goes to the heart of the matter, to wit: Should nature’s ecosystems, which benefit society at large, be monetized for the direct benefit of the few?’ See ‘Mother Nature, Inc.’
But if you believe that corporations – extensively documented to destroy pristine natural environments in their rapacious efforts to exploit fossil fuels, minerals, rainforest products and a vast range of other products, as well as force indigenous peoples off their land to do so: see, for example, ‘Seven (of Hundreds) Environmental Nightmares Created by Open Pit Mines (and the Obligatory Tailings Ponds) that have Caused Irremediable, Highly Toxic Contamination Downstream’ – are about to become ‘virtuous investors’ in nature when 4 billion years of Earth’s history and 200,000 years of indigenous people living harmoniously with nature have an impeccable record of preserving ecosystems and their services, without the involvement of these ‘virtuous investors’, then you will do extremely well on any gullibility test you attempt.
In Part 2 of this investigation, I will examine how the Global Elite is implementing its final coup to take complete technocratic control over all life on Earth and what we must do to prevent this happening.
I thank Anita McKone for thoughtful suggestions to improve the original draft of this investigation.
Robert J. Burrowes has a lifetime commitment to understanding and ending human violence. He has done extensive research since 1966 in an effort to understand why human beings are violent and has been a nonviolent activist since 1981. He is the author of ‘Why Violence?’ His email address is flametree@riseup.net and his website is here. He is a regular contributor to Global Research.
We are careening directly into an abyss of war, pain and misery, and our leaders are thunderously applauding as it happens. Ukrainian President Volodymyr Zelenskyy came to Washington this week because he wanted more money, and our politicians in Washington definitely did not disappoint him. Even though we had already given Ukraine far more money than the rest of the world combined, our politicians agreed to give him another colossal mountain of cash. On some level, we all have to respect Zelenskyy’s skills as a con man. Even though he has banned the main opposition party in Ukraine, and even though he has banned all television stations that were critical of him, and even though he just banned an entire ancient Christian denomination, our politicians continue to worship him like some sort of a pop music star. Zelenskyy has become an extremely oppressive dictator that has set himself up to rule Ukraine for as long as he wants, but members of Congress from both parties continue to hail him as a “champion of democracy” that deserves our unquestioning support.
What makes this so dangerous is that Zelenskyy has been trying very hard to pull the United States into his war with Russia.
To see such an honor bestowed upon a cruel foreign dictator that is ruthlessly oppressing anyone that opposes him should nauseate all of us.
And when Zelenskyy arrived to deliver his speech to a joint session of Congress, he was greeted with a standing ovation.
Ukrainian President Volodymyr Zelensky (@ZelenskyyUa) receives a standing ovation from lawmakers as he enters the House chamber to address a joint meeting of Congress.
It isn’t just the Democrats that have fallen for Zelenskyy’s act.
At this point, Mitch McConnell says that showering Ukraine with money should be our “number one priority”…
“Providing assistance for Ukrainians to defeat the Russians is the number one priority for the United States right now according to most Republicans. That’s how we see the challenges confronting the country at the moment.”
Thankfully, there are still at least a few voices of reason that can see exactly what Zelenskyy is trying to do.
Tucker Carlson: Zelensky shows up to DC looking like a strip club manager and demanding money. Our aging leadership class will give him billions from our crumbling economy pic.twitter.com/aIvgiQvkJ0
But no matter how hard Zelenskyy oppresses his own people, our politicians are going to continue to shower him with more money, and that is because Zelenskyy has done an amazing job of positioning his war as the most important “current thing”. I really like how John Nolte made this point in one of his most recent articles…
Zelensky has brilliantly — brilliantly! — positioned himself to be The Thing Through Which The Establishment Proves Its Purity.
That means the only questions anyone dares ask about Zelensky and Ukraine are…
Who can give Ukraine the most money?
Who can give Ukraine the most weapons?
Who can give Ukraine the most praise?
Who can lick Zelensky’s boots the cleanest?
Zelensky is getting everything he wants and more, including America flirting with nuclear war. Why? Because he was savvy enough to crack the code of the shallow, insecure, conformist idiots we elect and reelect as our leaders.
Nolte is quite right.
And once a con man has identified a “golden goose”, he is just going to keep coming back again and again.
The Biden administration will send to Ukraine the most advanced air defense weapon in its arsenal, the Patriot missile system, officials said Wednesday, marking the most significant addition to American military support for the government in Kyiv in months.
Meanwhile, the Russians continue to escalate the conflict as well.
In fact, it appears that the Russians have been very busy moving tanks into position for another major offensive campaign from the north.
If both sides just keep escalating matters, we will eventually reach a point where somebody crosses a line that will never be able to be uncrossed.
We have been pushed to the brink of nuclear war, and the Russians are getting ready to officially deploy their new Sarmat intercontinental ballistic missiles in January…
Putin said on Wednesday during a meeting with military chiefs that he aimed to deploy his terrifying RS-28 Sarmat missile – nicknamed Satan-2 – in January.
The world-ending missile can blast targets at almost 16,000mph – meaning it has the potential to obliterate the UK 1,600 miles away in just six minutes.
Sadly, the quote that you just read is not an exaggeration.
Each Sarmat can reportedly carry up to 15 independently-targetable nuclear warheads.
That means that one missile goes up, and 15 warheads come down.
And each one of those warheads can instantly wipe out an entire major city.
The Sarmat is the most advanced intercontinental ballistic missile in the entire world by a wide margin, and we have no way to defend against them.
So maybe we should think twice before getting into a nuclear war with Russia.
Unfortunately, our leaders seem to have gone completely mad at this point, and of course our leaders in Washington are simply a reflection of what has happened to the rest of our society.
During this year, the U.S. Government has allocated $112 billion to Ukraine, in order to defeat Russia in the battlefields of Ukraine. Russia allocates normally $60 billion per year for its entire military, but this year has increased that 40% to $84 billion, because of its invasion of Ukraine. Russia invaded Ukraine because, on 17 December 2021, Russia had demanded that the U.S. Government and its NATO anti-Russian military alliance stop trying to place its missiles on and near Russia’s borders (especially in Ukraine, which is the nearest of all bordering nations to Moscow); and, on 7 January 2022 America and NATO said no. Russia then invaded Ukraine on 24 February 2022, in order to prevent Ukraine from becoming a launch-pad for U.S. missiles. That’s what the war in Ukraine is — and always has been — about, from the Russian viewpoint: not being faced with U.S. missiles that are only a five-minute missile-flight-time away from Russia’s central command in Moscow.
Whereas Russia’s objective is to not become nuclearly checkmated by America placing its missiles that close to Moscow, America’s objective is to nuclearly checkmate Russia in order to capture the world’s largest and most resource-rich country — to force Russia to capitulate and become another U.S. ‘ally’ (that is, vassal-nation).
President Biden had requested Congress to add $38 billion more this year for Ukraine than the $67 billion that was funded earlier in the year, but Congress decided to increase his requested amount by $7 billion (almost a 20% increase in his suggested increase), so that there will be a total of $45 billion added to the $67 billion previously allocated, for a total U.S. allocation to Ukraine this year of $112 billion. That amount is $28 billion more than Russia will have spent this year for all of its military — the vast majority of which Russian military expenditure isn’t being allocated to the war in Ukraine, but instead to other aspects of Russia’s defense against the threat to its national security from America and its allies. America alone has been spending annually on its military around 20 times what Russia has been spending on its; and, in order to make America’s expenditure appear not to be so gargantuan as it actually is, large portions of it are being paid out from other federal Departments than the Defense (or Aggression) Department, but the total annual U.S. military expenditures have, for over a decade, been over a trillion dollars per year.
Investigative historian Eric Zuesse’s new book, AMERICA’S EMPIRE OF EVIL: Hitler’s Posthumous Victory, and Why the Social Sciences Need to Change, is about how America took over the world after World War II in order to enslave it to U.S.-and-allied billionaires. Their cartels extract the world’s wealth by control of not only their ‘news’ media but the social ‘sciences’ — duping the public.
Greed is a powerful motivation to be an ardent believer in the central banking cult.
The ideal cult convinces its followers that it isn’t a cult, it’s simply the natural order of things. In current terms, this normalizes insane behaviors and beliefs. Sacrificing youth to appease the gods isn’t a cult; it’s simply the natural order of things. If we don’t sacrifice youth, bad things will happen, so we have to follow the natural order of things.
Despite the lofty claims made by our rational mind, we want to hear and obey the voices of the gods. This non-rational desire is the root of cults and episodes of mass hysteria, i.e. the madness of crowds.
Humanity is in the grip of the secular cult of central banking. The cult’s seers and prophets periodically emerge with arcane signs and readings, offering divinations to guide the followers.
The motivation to believe the cult is the natural order of things is powerful: greed. Those who heed the oracles of the cult enrich themselves, unbelievers impoverish themselves.
Rationalists outside the cult discern the structure of the cult and its core beliefs. The cult creates credit and “money” out of thin air and distributes it to the few extremely wealthy to further expand their wealth. These few do not improve productivity or the well-being of the many; they use the cult’s gifts to exploit the cult’s rigged casino of speculation to maximize their private gains.
In other words, the cult benefits the few at the expense of the many while proclaiming it benefits everyone. This is of course insane. The cult’s core beliefs are: 1) enriching the already-rich magically trickles down benefits to the masses, and 2) this vast enrichment of the already-wealthy is cost-free. The economy prospers with no downside or consequences other than the glorious expansion of wealth at the top and the trickle-down of sweet goodness to the masses.
This is of course insane. The costs are borne by the masses and by the socio-economic system, which is now in thrall to a cult that has made the economy dependent on an ever-expanding credit bubble which feeds an ever-expanding asset bubble, which then enables a further expansion of credit which then fuels ever-higher assets prices.
And so on, forever, because the cult and its ever-expanding bubble are the natural order of things. If we don’t sacrifice the many to benefit the few, the sun will stop rising and the Earth will be cast into endless shadow.
This is of course insane, but greed is a powerful motivation to be an ardent believer in the central banking cult. Expanding credit based on the expanding collateral of asset bubbles, each feeding the other, is held up not as insane but as a financial perpetual-motion machine, overseen and managed by the seers and prophets of the central bank cult. Followers heeding the cult’s oracles become rich, non-believers and skeptics become impoverished.
Alas, cults and bubbles both come to an inglorious end. What seemed self-evidently true for the ages is revealed as a brief moment of self-serving delusion, supported by the immense powers of greed and the madness of crowds.
Do you hear the voices of the gods? Yes, yes, oh yes.
For years, and particularly since the beginning of Russia’s military offensive in Ukraine, the United States, the European Union – and their allies – have provided Kiev with $126 billion worth of aid, a number almost equal to the country’s entire GDP but Olga Sukharevskaya reports that officials and oligarchs have diverted much of the financial support sent to Kiev __________________________
Since the beginning of Russia’s military offensive in Ukraine, the United States, the European Union – and their allies – have provided Kiev with $126 billion worth of aid, a number almost equal to the country’s entire GDP. Moreover, millions of Ukrainians have found refuge in the EU where they were given housing, food, work permits, and emotional support. The scope is huge, even by western standards. Considering that the bloc has been funding Kiev while coping with an economic and energy crisis of its own, the assistance is perhaps especially notable.
Kiev bases its endless funding requests on the collapse of its economy, due to the war, and its need to “resist Russian aggression.” But is the aid reaching its intended destination?
The Monaco Battalion
While Ukraine has undergone a general mobilization affecting all men under the age of 60, many former and current high-ranking officials, politicians, businessmen, and oligarchs have moved to safety abroad – mainly to the EU.
The mass flight of Ukrainian elites started even prior to the armed conflict. On February 14, 2022, 37 deputies from the Ukrainian president’s parliamentary faction “Servant of the People” suddenly went “missing.” Had MPs not been banned from leaving the country the very next day, others would’ve definitely joined them. Meanwhile, former officials and oligarchs enjoyed more freedom to move around. According to the Italian newspaper La Repubblica, 20 business jets took off from Kiev’s Boryspol airport on the 14th as well.
Tycoons were at the front of the line. Entrepreneur and MP Vadim Novinsky, businessmen Vasily Khmelnitsky and Vadim Stolar, Vadim Nesterenko, and Andrey Stavnitzer all left the country on charter flights. Millionaire politician Igor Abramovich booked a private flight to Austria for 50 people – taking relatives, business partners, and fellow party members aboard. Oligarchs flew from Kiev to Nice, Munich, Vienna, Cyprus, and other EU destinations. Another group of businessmen took off from Odessa on private planes. The owner of Vostok Bank departed for Israel, while the head of the Transship group flew to Limassol. An ex-governor of the Odessa region, Stalkanat’s Vladimir Nemirovsky, also left the country.
In the summer and early fall of 2022, ‘Ukrainska Pravda’ prepared several investigative documentaries about fit-for-service Ukrainian billionaires and officials spotted vacationing on the Côte d’Azur during the war. A movie with the ironic title “The Monaco Battalion” shows Ukrainian oligarchs resting at their villas, mansions, and on yachts. In the first part, we see businessman Konstantin Zhevago, who is included on Interpol’s wanted list, relaxing on his private yacht worth $70 million. The yacht graces the shoreline of the Côte d’Azur as Zhevago’s family disembarks. Kharkov entrepreneur Alexander Yaroslavsky, who promised to sell his yacht and transfer the funds towards the restoration of Kharkov, can be seen sailing alongside.
‘Ukrainska Pravda’ journalists also got a glimpse of the Surkis brothers in France, who’re currently renting apartments worth €2 million per year. Meanwhile, a $300,000 Bentley belonging to Ukrainian businessman Vadim Ermolaev was spotted near the casino in Monaco, and Eduard Kohan, the co-founder of Euroenergotrade, was seen at one of Monte Carlo’s chic hotels.
A whole colony of Ukrainian oligarchs has apparently taken up residence in the elite French commune of Cap-Ferrat. Land developer Vadim Solar, oligarchs Dmitry Firtash, Vitaly Khomutynnik, and Sergey Lovochkin are among those enjoying high life in the middle of the war. The Cap-Ferrat villa once belonging to King Leopold II of Belgium was bought by the richest Ukrainian oligarch Rinat Akhmetov. His neighbors are Alexander Davtyan, President of the Investment Group DAD LLC, and Vladislav Gelzin, a former deputy of the Donetsk Regional Council.
As the creators of the film repeatedly emphasize, deputies and businessmen of “pro-Russian” parliamentary factions left the country during the war. Yet many active supporters of the current government also prefer to defend their homeland from abroad.
‘Ukrainska Pravda’ managed to interview Andrei Kholodov, an MP from Vladimir Zelensky’s faction “Servant of the People”, from his current residence in Vienna. The Austrian capital was also chosen by nationalist Nikita Poturaev and Sergei Melnichuk, a former head of the Aidar battalion known for war crimes reported by Amnesty International. The former head of the Constitutional Court of Ukraine, 59-year-old Alexander Tupitsky, and the 45-year-old ex-prosecutor general of Ukraine Ruslan Ryaboshapka also preferred foreign “trenches.”
Members of the Ukrainian parliament are in no hurry to adopt vitally important laws for the country during wartime. According to the Telegram channel “Volyn News,” as of March 11, 2022, more than 20 MPs had moved abroad for unspecified reasons. The geography is extensive: Great Britain, Poland, Qatar, Spain, France, Austria, Romania, Hungary, UAE, Moldova, Israel, etc. In March, the Prosecutor General’s Office of Ukraine launched an investigation into the actions of six parliamentarians who have remained abroad.
Apparently, neither war nor punishment can put Ukrainian legislators to work. Only 99 deputies out of 450 attended the session of the Parliament on July 20. Presumably distracted by summer, the Côte d’Azur, the Maldives, and yachts… As for defending Ukraine itself – just leave it to the foreign volunteers, they say.
Where’s all the military and humanitarian aid going?
Some western benefactors have recently noticed that most of the military and humanitarian aid never reaches Ukraine’s army or ordinary citizens.
In an original documentary, CBS reported that about 70% of military aid failed to find its way to the intended beneficiaries and donor countries are often unable to control its intended use. According to the creators of the report, some of the weapons are sold on the black market. As US Marine Corps veteran Andy Milburn said, “I can tell you unarguably that on the frontline units these things are not getting there. Drones, Switchblades, IFAKs. They’re not, alright. Body armor, helmets, you name it.”
The Grayzone writes that weapons and humanitarian aid provided by the West to the Ukrainian military is being stolen along the way and never reaches the soldiers. At the same time, Ukrainian MPs recently gave themselves a 70% pay raise. The author of the piece argues that billions of dollars from the USA and the EU have been diverted.
A Ukrainian soldier named Ivan told journalists about western funds never reaching the front: “Imagine telling an American soldier that we are using our personal cars in the war, and we’re also responsible for paying for repairs and fuel. We’re buying our own body armor and helmets. We don’t have observation tools or cameras, so soldiers have to pop their heads out to see what’s coming, which means at any moment, a rocket or tank can tear their heads off.”
Samantha Morris, a medical doctor from the US, drew attention to the theft of medical supplies and the overall corruption: “The lead doctor at the military base in Sumy has ordered medical supplies from and for the military at different points in time, and he has had 15 trucks of supplies completely disappear,” she said. The doctors couldn’t even set up courses for medical assistants until a friend of the Sumy region governor interceded.
CNN talked to a retired US colonel who said that Ukrainian troops are short on supplies. Small arms, medical equipment, field hospitals and a lot more are under the control of private organizations – more concerned about stealing money than saving the lives of their compatriots.
As Stephen Myers, a former member of the US Department of State Advisory Committee on International Economic Policy, insisted, “There is little to prevent a field commander from diverting some of the equipment to buyers, aka the Russians, the Chinese, the Iranians or whomever, while claiming the equipment and weapons were destroyed…”
Thousands of tons of humanitarian aid is being stolen. In September, the National Anti-Corruption Bureau of Ukraine (NABU) proved that the head of the Office of the President, Andrei Yermak, his deputy Kirill Tymoshenko, the head of “The Servant of the People” faction David Arakhamiya and his friend Vemir Davityan were behind the large-scale theft of humanitarian aid in the Zaporozhye region. Zaporozhye officials Starukh, Nekrasova, Sherbina, and Kurtev only superficially carried out the task of distributing aid. In six months, they organized the theft of 22 sea containers, 389 railway cars, and 220 trucks. Humanitarian aid was sold in ATB and Selpo – supermarkets owned by Gennady Butkevich and Vladimir Kostelman, respectively. Of course, Tymoshenko, Nekrasova and Davityan all became “refugees” and found asylum in Vienna.
Admittedly, not everyone is on the run. Andrei Yarmolsky, the scandalous former deputy head of the Volyn regional administration – accused of stealing humanitarian aid, supplying defective bulletproof vests, and illegally moving men out of the country – was promoted. He now works for the National Security and Defense Council.
Medical supplies are also being stolen. The Telegraph reportsthat “some of the donated supplies later made their way onto the hospitals’ pharmacy shelves: priced, and listed for sale”. Health workers appropriate medicine, bandages, and medical equipment, and resell them to patients for whom they were intended to be free, the article says.
A similar story was told by the aforementioned doctor Dr Morris: “I got a call from a nurse at a military hospital in Dnipro. She said the president of the hospital had stolen all the pain medications to resell them, and that the wounded soldiers being treated there had no pain relief. She begged us to hand-deliver pain medications to her. She said she would hide them from the hospital president so that they’d reach the soldiers. But who can you trust? Was the hospital president really stealing the medications, or was she trying to con us into giving her pain medications for her to sell or use? Who knows. Everyone is lying.”
War for some, Gucci for others
Enormous cash flows from Western countries are continuously used by corrupt Ukrainian officials for personal enrichment and to acquire luxury goods.
In a recently busted corruption scheme, Odessa customs smuggled shirts, backpacks, sports shoes, belts, and other luxury items by Givenchy, Gucci, Polo, Dolce & Gabbana, Michael Kors, Chanel, Louis Vuitton, and Armani under the guise of army equipment. The documents, declaring the cargo as “for the needs of the Armed Forces of Ukraine,” were signed by the acting head of the Odessa customs Vitaly Zakolodyazhny. According to MP Alexander Dubinsky, this is a common theft scheme. “The work of the customs is unsatisfactory because while some are fighting at the front, others are making money under the guise of their customs uniforms,” the parliamentarian said.
To take another example, in May 2022, Western countries abolished customs duties for Ukraine. Within a week, over 14,000 passenger cars were imported into the country. As the Deputy Minister of Infrastructure Mustafa Nayem commented, “Considering we’re a country at war, our partners in Poland, Slovakia, and Romania were quite surprised by this fast-paced upgrade to our vehicle fleet.”
As they go about acquiring luxurious clothes and cars, the thieves are also taking care to withdraw capital from Ukraine.
According to the Bureau of Economic Security of Ukraine, Ukraine’s budget is missing UAH 4.5 billion worth of taxes from agrotraders: “In August-September 2022, almost 12 million tons of grain crops and oil estimated at UAH 137 billion were exported through the customs territory of Ukraine. Of these, almost 4 million tons were exported by fake companies existing only on paper.” Moreover, “most of the non-resident companies to which grain is exported are high-risk and involved in criminal investigations.” Is this the “grain deal” that the global community is actively cheering? It looks like Ukrainian fraudsters are corrupting not just their own country, but foreign states as well. And this is just one example out of many.
When the Surkis brothers left Ukraine, they took $17 million with them. But that’s just a trifle compared to the “heroes of the Euromaidan.” According to former People’s Deputy of Ukraine Oleg Tsarev, after the outbreak of hostilities leading Ukrainian politicians sent both their capital and their families abroad.
He mentions that the parents and relatives of President Vladimir Zelensky and his wife all left the country. Zelensky’s predecessor, former president Petr Poroshenko, moved not just his children but also about a billion US dollars in cash to the UK.
The same applies to other major Ukrainian officials: former Minister of Internal Affairs Arsen Avakov, the head of the Office of the President Andriy Yermak, the second President of Ukraine Leonid Kuchma, the former Prime Minister of Ukraine Arseniy Yatsenyuk and many others all took their families and fortunes, estimated at around a billion dollars, out of the country. And that’s not to mention the numerous politically-affiliated oligarchs.
Scammers of smaller stature can “individually join the EU” as well. A system of bribery allows military-age males to leave the country. According to Izvestia, the fee is currently between $8,000 and $10,000. The Ukrainian media also actively reports on people paying to cross the border.
***
The sympathy of Westerners towards a country at war is understandable. But while some countries are doing their upmost to aid Ukraine – even while facing an economic crisis themselves – corrupt Ukrainian officials are using the funding to amass personal fortunes and live the high life at fancy resorts. And all at the expense of taxpayers in the West.
In 2015, Arseniy Yatsenyuk, upon leaving the post of the Prime Minister of Ukraine, openly declared that he had become a billionaire. It is yet to be seen how many new Ukrainian super rich tycoons – nurtured by foreign military aid – will appear in the West by the end of the conflict.
Crypto is finally interesting with the collapse of FTX exposing a political network. These were no seaside Millennials building sand-castles with other people’s money. The justly-named Sam Bankman-Fried was the second biggest donor in the midterms.
The firm crashed last week when depositors tried to withdraw $6 billion. As the money’s been used to fund derivative bets, it may have a knock-on effect. This is no simple Ponzi or trading fraud as the press is pretending.
The setup is spooky from its connections, timings and complexity, to the firms’ logos. It bears an uncanny resemblance to the upscale Theranos viral testing fraud. A crypto pioneer warns of an intelligence sex trafficking ring and promptly drowns.
Individual parts of the story, while suggestive of corruption or wrongdoing, do not tell of the sheer extent of collusion, or the span of this network. For that you need a lofty perspective.
To begin in a spirit of caution, let’s start with a post on one of the Reddit crypto threads: “So much of this FTX meltdown has been connected to various braindead conspiracy theory bullshit at this point. I don’t like the WEF, but this is neither surprising nor consequential to me and I’m highly suspicious of anyone who is suddenly shouting, I knew it! This goes all the way to the top!”
The individual, one g_squidman, says there is no reason to assume Ukrainian officials were siphoning aid money into black money markets; that FTX being located in a tax haven is a “Panama Papers type of conspiracy”; that the crisis serves as a pretext to destroy crypto; that the media lionized FTX out of nowhere; or that its connection to top financial watchdogs might mean it was somehow a deep state project.
“There’s no global deepstate that appointed FTX with the responsibility to make you eat bugs.”
There you have the classic conflation of issues intended to ridicule anyone asking questions. Often there’s a mention of the Moon landings, though not this time.
It was just one greedy billionaire stealing other people’s money — nothing to see. That is what the state corporate media said about Jeffrey Epstein: that it was just one greedy billionaire feeding his sex addiction.
Behind the screen
However this Reditor’s tone of the “only adult in the room” betrays a poor appreciation for how the media or politics works. Neither grants easy access. It is rationed — that is the source of its power. You do not gain publicity or political connections overnight as did Sam Bankman-Fried. By the way, I will hereinafter call him Sam, for the SBF acronym is too reminiscent of Saudi Arabia’s MBS, who has genuine wealth and power.
Look at his family connections plastered across Twitter. Did Sam’s sudden prominence generate those connections or is it the other way around — those connections were behind his rise?
We have watched for three years as events and personages emerge, as from behind a screen, taking their place in ongoing events, like an actor opening the next scene. Much of this cast enriches a narrative or an operation that’s already underway, and they advance rather than hinder its objectives.
As somone once said, if events were random, wouldn’t the little guy win just once in a while?
It does go to show how tiny a world it is — money going to Ukraine’s government, which employs FTX, a new broker loudly promoted by the corporate media and the World Economic Forum, that same broker donating to the Democratic Party and that funds research to bash Ivermectin and promote pandemics; a broker launched by two recent graduates, whose parents work with key government regulators — but it’s not a world that you or I could enter with ease. [1]
People follow celebrities so closely that they mistake them for friends: those on the screen slap each other on the back and share coffee; we imagine ourselves joining in.
Likewise followers of the crypto space — in which Sam is a celebrity if only for his notoriety — can fall for the illusion. His trademark tousled hair and cargo shorts add to the familiarity. Yet that should be a warning (not proof, of course) that he was cast for the role.
Every time a tech entrepreneur dons a black tennis shirt it seems they’re trying to sell something — because they are! They are the sales jocks pushed to the front. The world stage has only just seen the back of tousled Boris Johnson. Tousled Trudeau is still smarming his charm.
The team
To cut to the chase, Mark Wetjen has been FTX head of policy and regulatory strategy since Nov 2021. He served as Commodity Futures Trading Commissioner under President Barack Obama from 2011. He was deputy to the Gary Gensler, until the latter became Securities and Exchange Commisioner.
If the penny hasn’t dropped: how could the government not have known that FTX was a fraud for at least a year?
Sam met Gensler at the SEC several times over regulatory issues — perhaps linked to FTX’s acquisition of U.S.-based crypto lender BlockFi, which already had the regulatory approval, to see if this could be extended as an umbrella to cover FTX.
No evidence has emerged that Gensler did anything wrong — actually he has a reputation for slow-walking a regulatory framework that would encourage the crypto industry.
The U.S. is inconsistent in its regulation of crypto exchanges, banning in particular those it considers anonymous. While authorities do not recognize crypto as legal tender, they regard it as a value transaction and thus subject to tax.
Then, in early 2022, Sam met the chairman of the Federal Reserve.
A FOIA request shows that around midday on Feb 1, 2022, Federal Reserve Chairman Jerome Powell was scheduled to meet with: Sam Bankman-Fried, CEO and founder, Brett Harrison, president, Ryne Miller, general counsel, and Mark Wetjen, head of policy and regulatory strategy, FTX US and Zach Dexter, CEO, FTX US Derivatives. [2]
The World Economic Forum (WEF) helped promote FTX. Sam was a speaker at Davos last year, on a panel with Google financial chief Ruth Porat and Bill Winters, CEO of the London-based financial giant Standard Chartered. The WEF has since deleted a web page that listed FTX as a partner. [3]
Sam’s aunt Linda Fried is a Columbia University epidemiologist. The WEF funded her study into brain aging in 2012 and she sits on the WEF’s Council for Human Enhancement. Her husband is an expert in AIDS.
Brother Gabriel works for Sen Chuck Schumer and runs an organisation, Guarding Against Pandemics. FTX funded a trial that dismissed Ivermectin as a pandemic treatment. Sam’s foundation also gave $5 m to ProPublica to investigate “biosecurity and public health preparedness.”
Their mother, Barbara, runs Mind The Gap, that uses statistical models to calculate how Democratic donors can have the “greatest marginal impact.” It was launched two weeks after then Sen Joe Biden announced his presidential run. FTX head of ventures Amy Wu used to worked for the Clinton Foundation. Sam himself was the biggest donor to the Democratic Party in 2021-22 after George Soros.
Father, Joseph Bankman, is a Stanford University law professor who has advised Sen Elizabeth Warren on the drafting of legislation.
This past April Sam sat on a panel with President Bill Clinton and former British prime minister Tony Blair at an event in the Bahamas.
Trade organizations the Chamber of Progress and the Association of Digital Asset Markets on which FTX representatives sat, have deleted references.
The attempt is underway to rewrite history.
Nobody wants to admit
Gary Gensler’s relationship goes deeper. Gensler was, and still is, an economics professor at MIT where his boss was the father of Caroline Ellison, head of FTX sister company Alameda. U.S. Representative Tom Emmer is questioning his relationship with Sam’s parents. Gensler was finance chair for Hillary Clinton’s presidential campaign.
Comment from the investment world: the New York Post quotes an investor close to FTX as saying, “This is like a Madoff situation… almost everyone in tech and Hollywood invested in this thing, Now no one wants to admit to it.”
But the most predictable response comes from The New York Times. It published 2,200 words without mentioning Sam’s funding the Democratic Party as its second biggest donor, or anything about SEC head Gensler or his connections with the parents of Sam and Caroline Ellison, nothing about the WEF or the political associations of other employees, nor, of course, about Ukraine.
The NYT spoke to Sam, but got little new information. It rehashed the story of the crypto trading company Alameda, founded in 2017, FTX in 2019 as a place to store crypto purchases, and a cryptocurrency token FTT to trade on the platform.
Alameda took loans to invest in other ventures but when the market slid and creditors recalled their loans, Alameda used customer deposits at FTX to cover its debts. CoinDesk revealed that Alameda had a large amount of FTT, sparking a collapse in the price of the token. [4]
Yet these two companies, FTX and Alameda, have more than 70 subsidiaries and may have invested in 160 other companies.
The deputy head of crypto for Ukraine, Alex Bornyakov, deputy minister of digital transformation, denied the country had converted any U.S. aid on FTX, though it had used the platform to convert crypto donations into fiat money. [5]
Is there any other way to say, this goes right to the top?
Pushy saviours
The investment firm Sequoia Capital, which has lost money on its FTX investment, had an article on its website: “Sam Bankman-Fried has a Saviour Complex — and Maybe You Should Too.”
Though it’s since removed the article, the choice of words is telling, for there’s a lot of saviour complex around, from Greta Thunberg, King Charles and Bono, to Bill Gates, Klaus Schwab, Al Gore and Yuval Harari.
Perhaps the latter is currently the most prominent. An article from March fact checks Yuval Harari and shows where his key themes fall apart.
It turns out he makes claims for genes that are simply not true: the idea that you can edit health or cognitive abilites completely ignores the environmental variables that play a parallel role.
He says under-the-skin surveillance will monitor our emotions but this is physiognomical nonsense; people vary hugely in their emotional responses.
His claim that scientists perceive the universe as a flow of data — meaning that AI machines will inevitably rule us — is likewise bunk. Scientists do not hold such a view.
Why, therefore is Harari pushing this? It aligns with the commercial interest of Silicon Valley and tech companies in a way that Shoshana Zuboff, who coined the phrase surveillance capitalism, does not. [6]
The clue is that Harari’s book is being forced on all generations as if it were public information messaging, aka, propaganda.
“In October of 2021, Harari released Volume 2 of the graphic adaptation of Sapiens. Coming up next are a Sapiens children’s book, Sapiens Live, an immersive experience, and a multi-season TV show inspired by Sapiens. Our Populist Prophet is relentless in his search for new followers—and with them new heights of fame and influence.”
Darshana Narayanan writes that he is a science populist. He is worse than that. Harari, whether he knows it or not, is a marketing man for the surveillance capitalists of Silicon Valley. There is nothing organic about Yuval Harari.
One last daquiri
Which brings us back to Sam.
As FTX sank with the sun last Friday its executives claimed that hackers had stolen the last remaining $600-900 million.
At least half of it was reportedly transferred to a company that Sam held privately. Yet it’s far from clear that any amount of money can get him off the hook, as the boats return to the shore laden with marlin.
The question is whether Sam used his parents’ political ties to launch his own financial vehicle, or whether he was manipulated — the fall guy in an operation he could not fathom, for it was deep.
Could it be that Sam and his squeeze, Caroline Ellison, were just the Harry Potter cast that was put in place to deceive the Millenial crypto speculators? The world is a polluted pool where only the poisoned thrive.
The private equity manager Alex Krainer has drawn comparisons between the FTX affair and that of Theranos and privileged-brat founder Elizabeth Holmes who is currently being sentenced for fraud. [7]
The difference seems to be that Theranos blood test was supposed to be ready for the pandemic. The board was stacked with deep state perennials: Kissinger, Shultz, Perry, Nunn. When Holmes’ fraud was exposed, the PCR test had to be coopted instead. Its inventor Kary Mullis died conveniently and the German “virologist” Christian Drosten declared PCR a test for Covid.
While we have told the bald facts of political connection we cannot finish our poolside daquiri without one additional, speculative shot.
Two weeks ago a 29 year-old crypto pioneer, the co-founder of stablecoin platform MakerDAO, was discovered drowned off the beach in Puerto Rico.
Nikolai Mushegian, raised in Kansas by immigrants from Russia, was found hours after his final Tweet on Oct 28, 2022:
“CIA and Mossad and pedo elite are running some kind of sex trafficking entrapment blackmail ring out of Puerto Rico and caribbean islands. They are going to frame me with a laptop planted by my ex gf who was a spy. They will torture me to death.” [8]
Feel free to explore the similarity of the FBI’s publication of pedo symbols with the FTX and Alameda logos.
And recall Sam’s meeting with two compromised former national leaders in the photograph at the top of this newsletter.
Tie it in with the U.S. southern border policy that is allowing gangs to traffick unaccompanied children, which the administration flies by plane, often at night, to cities across the U.S..
Finally, ask if the financing of such an operation could be allowed to happen through traceable financial accounts.
But maybe the $32 billion company really did emerge from the daydream of two star crossed lovers on a tropical beach, an intense experience — and over too soon.