IT is bad enough that the world is being pulverised into grinding poverty. But there is a much bigger story here. First, let's look at some relevant quotes:
*As Frederic Morton wrote in the preface to The Rothschilds
"Someone once said that the Wealth of the Rothschilds consists of the bankruptcy
*In his The Empire of the City E C, Knuth wrote: "The fact that the House of Rothschilds made its money in the great crashes of history and the great wars of history, the very periods when others lost their money, is beyond question.”
*US President Andrew Jackson, the only US President (1839/47) to totally abolish the National Debt, condemned the international bankers as "A den of vipers," one which he was determined to root out of American life. Jackson claimed that if the American people only understood how these "vipers" operate on the American scene, "there would be a revolution before morning.
* Many years later President Woodrow Wilson made another revealing statement. "Some of the biggest men in the US, in the fields of commerce and manufacturing know that there is a power so organised, so subtler so complete, so pernicious, that they had better not speak above their breath in condemnation of it."
Wilson was of course referring to the elitists, the insiders, the Globalists seeking a One World Order. For many years even talk of such an Insider conspiracy was dismissed as laughable. Not many people are laughing now. Right now we are seeing the truth of it all in Asia, Russia and Latin America.
The Rothschilds, the Rockefellers and many others in the international banking system and the big multinationals, the Insiders who support the New World Order, have huge influence with the IMF and World Bank.
It is certainly no secret that the IMF, by deliberately and persistently providing incredibly bad advice in all these distressed areas, played a major role in precipitating the ongoing global currency crisis.
Why this scheme to push these countries over the brink?
One prime reason: while these collapses have been catastrophic for the nations and people involved. they have provided rich pickings for Western banking and financial interests. That has become strikingly apparent in Asia where the corporate vultures have swooped down, buying everything in sight.
Hotel chains. great office blocks, manufacturing plants. mansions? ocean liners, fishing fleets, art collections, golf courses; you name it, they have gobbled it up, as well as buying out local partners in existing joint ventures or increasing their stakes.
Big buyers and investment banks such as Bankers Trust, Goldman Sachs, Morgan Stanley Dean Witter and Merrill Lynch. all have been buying up Asian assets for as little as ten cents in the US$.
Indeed. for internationals with corporate connections to the NWO-supporting New York-based Council on Foreign Relations or David Rockefeller's Trilateral Commission, buying up bankrupt assets for peanuts appears to be an important corollary to ruining national economies. But there is another and, from the NWO aspect, conceivably even more important aspect to all this.
The Asian problem started when the IMF advised the Thai Government against getting banks to cut back on money creation, the source of the problem in the first place: and, further, to sever its currency's ties to the US.$. By no means complete financial fools, the Thais protested. But when the IMF made it clear that these provisos were conditional on Thailand receiving a bailout, the IMF got its way; and the present crisis was born.
The same fatal prescription was forced on South Korea, Malaysia, Indonesia and the Philippines. The major currency speculators then moved in and the Asian economies, one after another, were broken by widespread bankruptcies, severe recession and devastating inflation. The game was on.
But, as The New American points out, critics who complain that IMF practices lead to disaster are missing the point. From the Insiders' point of view, the IMF is immensely successful in its mission, which is to seize control of the economies of sovereign nations.
Martin Feldstein, a professor of economics at Harvard exposed this mission in a remarkable article in The Wall Street Journal, 10.10.98. He observed that the massive Asian bailout funds were not used to prevent currency runs (as one might suppose) but were provided "only if the countries accepted ... radical restructuring of their entire domestic economies ... labour rules, corporate governance, tax systems and other matters not germane to a financial crisis."
He then quoted IMF director Michel Camdessus as saying that if the IMF
had wanted to deal only with the liquidity and debt problems, it would
have succeeded but, “Happily, the Asian crisis gave the IMF the leverage
to force structural policy changes that national governments would not
otherwise accept.” (AP italics).
Feldstein wraps up by condemning the IMF. He points out that the Asian economies were fundamentally sound and, with modest adjustments, could easily have earned extra foreign exchange to repay foreign debts. Instead, the IMF falsely criticised them as “incompetent and corrupt,” thereby undermining the confidence of global leaders in emerging markets generally, and so contributing to the contagion.
One wonders; why has no so-called “investigative journo” quizzed Camdessus what the real objective of the IMF was, what special “Insider” programme it was following? And what about “original intent”?
Summing up. What we have and are seeing is Western banking institutions looting developing countries’ central banks, plundering foreign exchange reserves, undermining national governments and destabilising entire national economies, promoting instability and unrest throughout the world. Over the last two years, a massive concentration of financial power has taken place in the hands of the Insiders. Does this not make organised crime look like a Sunday school?
And all of it, we may be very sure, as a means of finally installing
a global currency and the NWO. The New World Order is a reality. All that
is left for us is to understand that.
submitted by Eric W.
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