thirteen families effectively control the central banks of all the
hard-currency countries. These "control banks" all practice FRACTIONAL
RESERVE BANKING, which is perfectly legal in the US. Fractional
reserve banking means that the bank is only required to hold on hand
the small fraction of money (5%) that is needed to cover the fraction
of deposits likely to be drawn upon and cashed. Moneys deposited in
accounts go into a reserve upon which credit can be issued. In the US
credit can be issued to seven times the reserve, in international
banks (off shore establishments) twenty times the reserve can be
issued as credit. It is imp[ortant to understand this concept in order
to understand the larger picture.
In the mid 1970s, the final phase of System 2000, a "global creditors'
unilateral totalitarian plan" was put into effect. A Pentagon official
and three other US officials went to the Prime Minister of Nigeria and
offered him fifty million dollars in cash to double the price of light
crude oil. Nigeria is one of only two countries in the world that
produce light crude, which is an extremely pure form of oil whose
price sets the standard for all other forms of crude oil.
Armed with the knowledge that, because of their deal with Nigeria, the
price of Mid-east oil was about the skyrocket, the international
bankers went to the Arabs and said, "We will send the price of crude
oil as high as you want if you will promise to invest some of the
money you make in the United States."
Nigeria doubled the price of light crude, the price of oil from the
Mid-east went up and the price of a gallon of gasoline in the United
States jumped to $1.20. (My note: In Italy, where I was living at the
time, it was costing $1 a LITRE after the oil price was sent through
the roof.) Unwittingly, Americans began to finance System 2000 with
every tank of gas they bought.
As the money began to pour into the Arabian countries, the sheiks
fulfilled their promise to invest in the U.S. and began buying stocks,
bonds, and real estate. More importantly, they put their money into
thirty-year timed certificates (drawn up by the international
bankers). Remember that Arabs went from camel-riding nomads to wealthy
international investors in a very short period of time and they had no
grasp of how the banking system worked; in particular, they did not
know about the concept of fractional reserve banking.
The international bankers now had millions of dollars locked into
timed deposits, and they took that money and loaned out TWENTY TIMES
AS MUCH. In 1983, the international bankers created two groups of
holding companies to handle all this Arab money. One of the groups
took the funds coming in from the Arabs and loaned it out to Third
World countries. The purpose of the holding companies, as you will see
later, was to remove the responsibility for the money from the banks
to a less accountable entity.
The international bankers were aware of the fact that most of the
Third World countries knew nothing about running a country or
allocating funds. Most had been colonies of some other nation and had
only recently begun to govern themselves. The bankers were counting on
the Third World countries to squander their money in a short time.
They fully intended for these countries to go bankrupt and to be
unable to pay back their loans.
The Phillipines is one example of what happened to Third World
countries in the next stage of the plan. The international bankers
went to President Marcos and presented him with a way out of the
enormous debt his country faced. They said, "We will forgive your
loans - you'll have to pay none of the principal, none of the interest
- if you will just sign this agreement: 1) do away with its national
currency, 2) go to a debit-card system where each person is assigned a
number and his purchases are debited from his account on a
computerised system and 3) sign over perpetual rights to all natural
resources in the country.
The offer was tempting since it would put much of the labor force back
to work and solve many of the country's economic problems. But Marcos
realised that becasue of the word "perpetual", he was virtually giving
away the sovereignty of his country. He refused to sign the agreement.
Weeks later he wass deposed and his country was torn apart by riots
which Jonathon May says were incited by the internal bankers.
Other countries decided to accept the agreement when it was offered to
them. Recently Brasil, Argentina and other nations have announced that
they do not plan to pay back their loans. They failed to mention that
the loans had been excused in exchange for the rights to their natural
At this point all the dominoes are in place and the international
bankers are ready and waiting for their opportunity to topple them.
HERE IS THE PLAN. When enough of the Third World nations sign the
agreement, saying they are not going to repay the loans they received
from the holding company, the international bankers can declare the
holding company insolvent. (This is where it becomes apparent why the
money was put in holding companies instead of in banks. The holding
companies were designed to go bankrupt.! Chase Manhattan or Chemical
Bank would not have to be sacrified since there were not responsible
for the loans.)
Once the holding companie is declared bankrupt, they can legally avoid
payment to the Arab nations. The international bankers will say,
"Sorry, Arabs. We lost your money. You are broke!" When the Arab
nations realise that all their money is gone, they will immediately
liquidate all of their other assets. They will dump billions and
billions of stocks and Wall Street will collapse. They will put all of
their farmland and real estate on the market and land values will
plummet. Farmers will have no collateral to borrow against to plant
next year's crops and food will become scarce in the grocery stores.
The effect this will have on the American economy will be chaotic.
This catastrophic collapse has been purposely designed to throw the
American people into a state of confusion. Then the benevolent bankers
will step forward saying, "Look what these dirty Arabs have done to
you!" and offer a solution to our problems.
Their solution will be to abolish our currency and institute a new
form of money. Each person then would be issued a government ID number
and would need a debit card to do any business transactions.
Perhaps the biggest shock in May's story is that the "Star Wars"
system is only 40% concerned with defense and 60% concerned with
banking! These "Star Wars" satellites would link the debit system to a
central computer base - a superbank. Transfer of funds between
accounts would be instantaneous and the internal bankers would finally
have complete financial control. May says the debate over "Star Wars"
is all show because the satellites are already in place!
Perhaps the best defense the international bankers have against
protesters is influencing the publics' opinion through the media!!! In
his book, "The Naked Capitalist" Cleon Skousen says that, "Nothing
panics the international establishment like the possibility of a
threatened exposure. Whenever the public has become dangerously aware
of the conspiratorial processes operating around them, the vast inter-
locking power structure of the entire London-Wall Street combine has
immediately shifted into high gear and raced to the rescue. Radio, TV,
newspaper, magazines, government policy makers, college officials and
other opinion molders in high places have all commenced a recitation
of a carefully prepared line designed to pacify the public and put
them back to sleep".
Who actually controls the Federal Reserve? Who are the stockholders of
this private corporation? In a legislative session regarding
abolishing the Fed, the following eight family banks were named as the
owners of the Federal Reserve:
Rothschild Banks of London and Berlin
Lazares Brothers Banks of Paris
Israel Moses Seif Bank of Italy
Warburg Bank of Hamburg and Amsterdam
Lehman Brothers Bank of New York
Chase Manhattan Bank of New York
Kuhn, Loeb Bank of New York
Goldman, Sachs Bank of New York.
In his book, "To Seduce a Nation" Lindsey Williams lists the same 8