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There were a number of very rich and powerful men who made it abundantly clear that they were not in favor of the Federal Reserve System. J.P. Morgan was ordered by the Jesuits to build the Titanic. This ‘unsinkable’ ship would serve as the death ship for those who opposed the Jesuits’ plan for a Federal Reserve system. These rich and powerful men would have been able to block the establishment of the Federal Reserve, and their power and fortunes had to be taken out of their hands.
It is now apparent that there might have been no World War without the Federal Reserve System. A strange sequence of events, none of which were accidental, had occurred. Without Theodore Roosevelt’s "Bull Moose" candidacy, the popular President Taft would have been reelected, and Woodrow Wilson would have returned to obscurity.* If Wilson had not been elected, we might have had no Federal Reserve Act, and World War One could have been avoided. The European nations had been led to maintain large standing armies as the policy of the central banks which dictated their governmental decisions.
From 1887 to 1914, this precarious system of heavily armed but bankrupt European nations endured, while the United States continued to be a debtor nation, borrowing money from abroad, but making few international loans, because we did not have a central bank or "mobilization of credit". The system of national loans developed by the Rothschilds served to finance European struggles during the nineteenth century, because they were spread out over Rothschild branches in several countries. By 1900, it was obvious that the European countries could not afford a major war. They had large standing armies, universal military service, and modern weapons, but their economies could not support the enormous expenditures. The Federal Reserve System began operations in 1914, forcing the American people to lend the Allies twenty-five billion dollars which was not repaid, although considerable interest was paid to New York bankers. The American people were driven to make war on the German people, with whom we had no conceivable political or economic quarrel.
The financial aspect of the conflict which became known as World War One is too vast to relate here with the respect the subject deserves, but let it suffice to point out that World War One elevated approximately 21,000 US investors into the brackets of millionaires and billionaires. The Rockefellers alone, who displayed great eagerness for the US to enter World War One on the British side, made in excess of $200,000,000 from that conflict, and in just one afternoon during the war, Bernard Baruch, Wilson’s Czar of American Industry and part of the commission that handled all purchasing for the Allies during the war, made a personal profit of $750,000.
“It is manifestly imperative that there should be a complete mobilization of the banking reserves of the United States. The burden and the privilege (of the Allied loans) must be shared by every banking institution in the country. I believe that cooperation on the part of the banks is a patriotic duty at this time, and that membership in the Federal Reserve System is a distinct and significant evidence of patriotism.”
Germany’s entire prewar history shows that the “necessary” policies were all provided for by guided financial turmoil – the same situation, by the way, that the world finds itself in today.
The key structures of the West’s post-war strategy were the central financial institutions of the United States and Great Britain – the Bank of England and the Federal Reserve System – coupled with financial-industrial organizations, who set out to establish absolute control over the financial system in Germany to manage the politics of Central Europe. The implementation of this strategy included the following steps:
1st: 1919-1924 – Preparing the grounds for massive American financial investments in the German economy.
2nd: 1924-1929 – Establishing control over the financial system and funding the National-Socialist movement.
3rd: 1929-1933 – Inciting and unleashing a deep economic crisis ensuring the Nazis would rise to power.
4th: 1933-1939 – Financial cooperation with the Nazi government and support for its expansionist foreign policy, aimed at preparing and unleashing the new world war.
After the world war 1, The International banking Draculas were ready to suck German Laborers blood, willing to offer Germany Loans on interest (Of Course for their own interests). But Hitler refused to accept the slavery of Debt of German people and issued Germany unique currency and his excellent and innovative money astounded the International bankers whose enmity was certain in order to save their aristocracy and more importantly their banking system.
In August 1934, American oil giant Standard Oil purchased 730,000 acres of land in German and built large oil refineries that supplied the Nazis with oil. At the same time, the United States secretly provided Germany with the most modern equipment for airplane factories, which would soon produce German aircraft. Germany received a large number of patents from American firms Pratt and Whitney, Douglas, and the Bendix Corporation, and the “Junker-87” dive-bomber was built using purely American technology. By 1941, when the second world war was in full-swing, American investment in the German economy totaled $475 million, Standard Oil invested $120 million alone, General Motors — $35 million, ITT — $30 million, and Ford — $17.5 million.
The BIS was created to act as a trustee for the Dawes and Young plan Loans which were international loans issued to finance reparations.
(Meaning -- Germany defaulted in 1923 on its war debts under the Treaty of Versailles, so the Dawes Plan was created where America loaned Germany money, so that Germany could repay their war debts to England and France. That is, the bankers, corporations and governments of England and France harmed during their war with Germany were paid in full by loans from America, with Germany making installment payments to America.
This gets complicated because after WW2, the British government and Chase Bank (Jewish Rothschild's bank) wanted to keep the BIS; while voting to dissolve the bank was FDR's team of Harry Dexter White (A proven Judeo-Communist spy) and Secretary of the Treasury Henry Morganthau (probably also Judeo-Communist).
Why did Morganthau want it dissolved? -- Because it helped Hitler loot assets from occupied countries. It looks bad to keep it going.
Why did Chase want to keep it open? -- Because Chase wanted a Central Bank which could control all other Central Banks.
Of course, they never did dissolve the bank, nor would it have matter, as the world's central banks would have simply reformed the BIS as a newly laundered global central bank.
originally posted by: booyakasha
a reply to: Krahzeef_Ukhar
sometimes i wonder if humanity is being led by forces that are unknown to us. Even possibly led by our own collective consciousness.
Is it possible to ever know?