BEYOND THE MEDIA MATRIX

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THE INFORMATION PRESENTED BELOW MAY ASSIST YOU IN BREAKING THROUGH THE MEDIA MATRIX TO FIND EXPLANATIONS - CLOSER TO THE TRUTH - THAT THE GLOBAL OLIGARCHY-CONTROLLED CORPORATE MEDIA TRY VERY HARD TO PREVENT YOU FROM KNOWING.

THE SUBJECTS ARE LISTED ALPHABETICALLY.

 

BANK OF CREDIT AND COMMERCE INTERNATIONAL (BCCI)

"The Bank of Credit and Commerce International (BCCI) was set up in 1972 by an Indian-born banker, Agha Hassan Abedi, who got backing for his venture from members of the Saudi royal family and from Sheikh Zayed Bin Sultan Al-Nahayan, the ruler of Abu Dhabi. BCCI grew super-fast under a simple business model: create the appearance of a reputable business, make powerful friends, then agree to do anything, anywhere, on behalf of anyone, for any reason. BCCI loaded politicians with bribes and served some of the twentieth century's greatest villains: Saddam Hussein, terrorist leader Abu Nidal, the Colombian MedellIn drug cartel and Asian heroin warlord Khun Sa. It got involved in trafficking nuclear materials via sales of Chinese Silkworm missiles to Saudi Arabia and in peddling North Korean Scud-B missiles to Syria. Its branches in the Caribbean and Panama serviced the Latin American drug trade; its divisions in the United Arab Emirates, then enjoying an oil boom and an offshore banking bonanza, serviced the heroin trades in Pakistan, Iran and Afghanistan; and it used Hong Kong to cater to drug traffickers in Laos, Thailand and Burma.
BCCI also penetrated the US banking system, getting around the concerns of American regulators by using offshore secrecy structures to make its ownership invisible. It paid off Washington insiders and built up a solid partnership with the CIA."

Nicholas Shaxson

 

"BCCI [Bank of Credit and Commerce International] consisted of a complex alliance of intelligence agencies, multinational corporations, weapons dealers, drug traffickers, terrorists, global bankers and high-ranking government officials. It involved leaders from 73 countries.
... In the 1980s it was used to launder drug money, harbor terrorist funds and buy illegal weapons."

David Degraw

 

"BCCI's [Bank of Credit and Commerce International] criminality included fraud by BCCI and BCCI customers involving billions of dollars; money laundering in Europe, Africa, Asia, and the Americas; BCCI's bribery of officials in most of those locations; support of terrorism, arms trafficking, and the sale of nuclear technologies; management of prostitution; the commission and facilitation of income tax evasion, smuggling, and illegal immigration; illicit purchases of banks and real estate; and a panoply of financial crimes limited only by the imagination of its officers and customers."

US Senate Foreign Relations 'Committee on Terrorism, Narcotics and International Operations' report "The BCCI Affair", December 1992

 

"The U.S.-Saudi [oil] deals increased U.S. dependence on oil- and drug-funded Arab assets such as BCCI - the Bank of Credit and Commerce International - which in the 1980s became a chief paymaster for the anti-Soviet Afghan mujahedin and even ran arms directly to them from Karachi. The failure of the U.S. government to investigate and prosecute BCCI reflected not only the extent of BCCI penetration of U.S. ruling circles but also U.S. economic dependence on the continued influx of petrodollars and narco-dollars."

Peter Dale Scott

 

"During the 1980s and early '90s, the CIA worked in partnership with BCCI [Bank of Credit and Commerce International] in what was, at the time, the agency's largest covert operation ever, pumping an estimated $10 billion into funding the Afghan Mujahideen. Through this operation, Osama bin Laden's al Qaeda network was formed. Bin Laden had accounts in BCCI and ran CIA/BCCI-funded camps."

David Degraw

 

"BCCI [Bank of Credit and Commerce International] would become the mixing bowl into which Persian Gulf petrodollars were stirred with generous helpings of drug money to finance worldwide covert operations for the CIA and its Israeli Mossad and British MI6 partners.
BCCI was the bank of choice for the world's most notorious dictators, including the Somoza family, Saddam Hussein, Philippine strongman Ferdinand Marcos and Haiti's Jean-Claude "Papa Doc" Duvalier. The South African apartheid regime used BCCI, as did Manuel Noriega.
... With branches in 76 countries, BCCI dealt in conventional and nuclear weapons, gold, drugs, mercenary armies, intelligence and counterintelligence... The bank had close relations with the CIA, Pakistan's ISI intelligence service, the Israeli Mossad and Saudi intelligence agencies... BCCI's main stockholders were monarchs and wealthy oil sheiks from the GCC [Gulf Cooperation Council] nations.
... BCCI was founded 1972 in Pakistan by Agha Hasan Abedi, a close friend of Pakistani military dictator Zia ul-Huq... BCCI took its wings when Bank of America put up $2.5 million for a 30% stake in BCCI. At that time Bank of America was the largest bank in the world, controlled by N.M. Rothschild & Sons. "

Dean Henderson in his book "Big Oil & Their Bankers In The Persian Gulf"

 

"Nothing in the history of modern financial scandals rivals the unfolding saga of the Bank of Credit & Commerce International [BCCI], the $20 billion rogue empire... Never has a single scandal involved so much money, so many nations or so many prominent people.
... This is the story of how the wealthy and corrupt in Latin America managed to steal virtually every dollar lent to their countries by Western banks, creating the debt crisis of the 1980s; how heads of state skimmed billions from their national treasuries and hid them in Swiss and Caymanian accounts forever free from snooping regulators; how Pakistan and Iraq got materials for nuclear weaponry and how Libya built poison-gas plants."

investigative journalists Jonathan Beaty and S.C. Gwynne in a 1991 Time magazine article "The Dirtiest Bank of All"

 

"Even though BCCI was a Middle Eastern-based bank, investigations ... revealed that BCCI was run by the CIA and top US officials. CIA covert operations were run through BCCI's "black network." Former CIA directors George Bush Sr., William Casey and Richard Helms, former Defense Secretary Clark Clifford and former Secretary of State Henry Kissinger were all key players and shielded the bank from investigations throughout its reign... Many high-ranking Republicans and Democrats were vital to the bank's operations, along with top corporate executives...
The CIA, DIA, and NSC used BCCI as their own private bank, sending billions of dollars in covert funding and weapons to organizations and countries with which we are now in conflict - most notably the Mujahideen in Afghanistan (which evolved into Al Qaeda and the Taliban), Pakistan's ISI, Saddam Hussein in Iraq and the government of Iran."

David Degraw

 

"The collaboration of the CIA under William Casey with the drug-dealing Bank of Credit and Commerce International (BCCI) fostered the creation of a huge Afghan narco-economy... The BCCI was a huge global drug-laundering bank. It was corrupting leading politicians, presidents, prime ministers all over the world. And some of that money was reaching politicians in the United States ­ politicians of both parties, which is one of the main reasons why we didn't get a congressional investigation of BCCI."

Peter Dale Scott

 

"N.M. Rothschild & Sons is implicated in some of the filthiest drugs-for-weapons secret intelligence operations. Because it is well-connected to the highest levels of the British Intelligence establishment, Rothschilds managed to evade prominent mention of its complicity in one of the more sordid covert intelligence networks, that of BCCI (Bank of Commerce and Credit International).
Rothschilds was at the heart of the vast international web of money-laundering banks used during the 1970s and 1980s, by Britain's MI-6 and the network of Lt. Col. Oliver North and Vice President George Bush, to finance such projects as the Nicaraguan Contras."

William Engdahl

 

"When a few prosecutors finally began targeting BCCI's [Bank of Credit and Commerce International] operations in the late Eighties, President George Herbert Walker Bush boldly moved in with a federal probe directed by Justice Department investigator Robert Mueller. The U.S. Senate later found that the probe had been unaccountably 'botched' - witnesses went missing, CIA records got 'lost', lower-ranking prosecutors told of heavy pressure from on high to 'lay off.' Most of the big BCCI players went unpunished... Mueller, of course, wound up as head of the FBI, appointed to the post in July 2001 - by George W. Bush."

investigative reporter Chris Floyd

 

"George Bush Sr.'s role in the BCCI I [Bank of Credit and Commerce International] Affair cannot be overstated. Even George Bush Jr. had oil companies that were funded by these same BCCI/Saudi/al Qaeda interests... the same person who played a pivotal role in covering-up and derailing investigations into BCCI at the Justice Department, was the person who was put in charge of the FBI on September 4, 2001, Robert Mueller - and he is still running the FBI under Obama."

David Degraw

 

"BCCI was financing Israeli arms going into Afghanistan. There were Israeli arms, Israeli planes, and CIA pilots. Arms were coming into Afghanistan and BCCI was facilitating."

Sami Masri, a former insider in the Bank of Credit and Commerce International (BCCI) to Time magazine

 

"Republican negotiations with Muslim fundamentalists before the 1980 election were initiated to stop President Carter from successfully negotiating the return of the American hostages in Tehran. These illicit contacts generated partnerships in secrecy that united at least two key Republican politicians, William Casey and the elder George Bush, with unlikely co-conspirators from Iran, Israel, and the scandal-ridden Bank of Credit and Commerce International (BCCI).
The illicit liaison produced a flow of U.S. arms, brokered by BCCI, from Israel to Iran. The arrangements, that could not be acknowledged, continued unchecked until they were exposed in the Iran-Contra scandal of 1986."

Peter Dale Scott

 

"George Bush Sr., Henry Kissinger, James Baker, Robert Mueller, Robert Gates and Alan Greenspan were all heavily involved in BCCI [Bank of Credit and Commerce International] activities. Former President Bill Clinton even played a crucial role in continuing the cover-up by killing follow-up investigations upon taking office. More stunning than the BCCI operations and the cover-up, was that even after the BCCI Affair was finally exposed, all of these major players were not held accountable. The fact that people like this not only got to walk away, but remained in top positions of power for years after the scandal was exposed."

David Degraw

 

BANK OF ENGLAND

"A cabal of English aristocrats and bankers [created] the Bank of England in 1694. King William, in need of money to fight a certain war, money which he couldn't raise by taxing or borrowing, granted a charter to a favored group of intriguers to form a bank which would be given a monopoly on issuing English bank notes, i.e., English paper money, which would be created out of nothing and credited to the government in return for a government IOU, the only "backing" that would be required. The government would pay interest on this "loan," making it look legitimate to the public, but the bank's even larger payback was that it was empowered to make additional commercial loans, at interest, using the same government IOU's as "backing," just as though the IOU's were hard, metallic gold. The banks, by receiving interest on money they could create and lend out at will, were thereby going to get rich, the king was going to be able to raise any amount of "money" he wanted, and the public, remaining ignorant of what was going on, was going to pay for it all by having their savings devalued by the expansion of the currency."

G. Edward Griffin in his book "The Creature from Jekyll Island"

 

"The founding of the Bank of England by William Paterson and his friends in 1694 is one of the great dates in world history. For generations men had sought to avoid the one drawback of gold, its heaviness, by using pieces of paper to represent specific pieces of gold. Today we call such pieces of paper gold certificates. Such a certificate entitles its bearer to exchange it for its piece of gold on demand, but in view of the convenience of paper, only a small fraction of certificate holders ever did make such demands. It early became clear that gold need be held on hand only to the amount needed to cover the fraction of certificates likely to he presented for payment; accordingly, the rest of the gold could be used for business purposes, or, what amounts to the same thing, a volume of certificates could be issued greater than the volume of gold reserved for payment of demands against them. Such an excess volume of paper claims against reserves we now call bank notes. In effect, this creation of paper claims greater than the reserves available means that bankers were creating money out of nothing."

Carroll Quigley, historian and Georgetown University professor, in his book "Tragedy and Hope"

 

"The Bank of England, a privately owned institution... is not subject to regulation by the British parliament and is in effect a sovereign world power."

E. C. Knuth in his book "The Empire of the City"

 

"In 1991 the Bank of England directors decided to work out more explicitly what the bank is for, and they came up with three main aims. Two were the usual central bankers' goals: to protect the currency and to keep the financial system stable. The third is to ensure the effectiveness of the United Kingdom's financial services and advance a financial system which enhances the international competitive position of the City of London and other UK financial centres. In other words, to protect and promote the City as an offshore centre."

Nicholas Shaxson in his book "Treasure Islands"

 

"England is a financial oligarchy run by the "Crown" which refers to the "City of London" not the Queen. The City of London is run by the Bank of England, a private corporation. The square-mile-large City is a sovereign state located in the heart of greater London."

Henry Makow, 2004

 

"Montagu Norman, the arch conservative governor of the Bank of England throughout the 1920s ... supported the aims of finance capitalism "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."

F. William Engdahl in his book "Gods of Money"

"Benjamin Strong, Governor of the Federal Reserve Bank of New York, and Montagu Norman, Governor of the Bank of England, who worked closely together throughout the 1920s, decided to use the financial power of Britain and 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. These men were not working for the governments and nations of whom they purportedly represented, but "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."

Andrew Gavin Marshall in his book "Global Power and Global Government"

 

"Eventually international bankers owned as private corporations the central banks of the various European nations. The Bank of England, Bank of France and Bank of Germany were not owned by their respective governments, as almost everyone imagines, but were privately owned monopolies granted by the heads of state, usually in return for loans."

Gary Allen in his book "None Dare Call It Conspiracy"

 

"The Bank of England is in effect a sovereign world power, for this privately owned institution is not subject to regulation or control in the slightest degree by the British Parliament... This privately owned and controlled institution functions as the great balance wheel of the credit of the world, able to expand or contract credit at will; and is subject only to the orders of the "City", the City dominated by the fortune of the House of Rothschild and the policies of the House of Rothschild."

E. C. Knuth in his book "The Empire of the City"

"The reason why the British abolished the right of the Colonies to create and issue their own money is simple: the bankers did not want the Colonists to be able to trade among themselves without paying tribute to them on the promises of the Bank of England, which they were forcing the Americans to borrow for use in trading among themselves. The objective was clear: by forcing Americans to pay interest, the European money changers wanted to enslave the Colonies in a mountain of debt."

Des Griffin in his book "Fourth Reich of the Rich"

"Great Britain, which was firmly under the control of the banking dynasties. In 1694, the Bank of England was formed as a private central bank, which would issue the currency of the nation, lending it to the government and industry at interest, which would be paid back to the Bank of England's shareholders, made up of these private banking dynasties. The 16th to the 19th centuries was the period in which both the nation-state and capitalism emerged, soon followed by central banking in the late 1600s. This is when the origins of what was known as a "world economy" took place."

Andrew Gavin Marshall in his book "Global Power and Global Government"

 

"In Great Britain, where the Bank of England is owned by the government, 97% of the money supply is issued privately by banks as loans."

Ellen Brown

 

"Nothing happens on Wall Street that is not known to the Bank of England, whose instructions are relayed through the Morgan Bank and then put into action through key brokerage houses.

John Coleman in his book "The Committee of 300"

 

BANK OF INTERNATIONAL SETTLEMENTS (BIS)

"The BIS is where all of the world's central banks meet to analyze the global economy and determine what course of action they will take next to put more money in their pockets, since they control the amount of money in circulation and how much interest they are going to charge governments and banks for borrowing from them.
... When you understand that the BIS pulls the strings of the world's monetary system, you then understand that they have the ability to create a financial boom or bust in a country. If that country is not doing what the money lenders want, then all they have to do is sell its currency. "

Joan Veon, in a 2003 article "The Bank for International Settlements Calls for Global Currency"

 

"All international transactions pass through the Bank of International Settlements (BIS) on their way to somewhere else. This bank is probably the most influential company in the entire world, it controls all of the money creation in the world."

Charlie Robinson, in his book "The Octopus of Global Control", 2017

 

"The Bank of International Settlements (BIS) regulations serve only the single purpose of strengthening the international private banking system, even at the peril of national economies. The IMF and the international banks regulated by the BIS are a team: the international banks lend recklessly to borrowers in emerging economies to create a foreign currency debt crisis, the IMF arrives as a carrier of monetary virus in the name of sound monetary policy, then the international banks come as vulture investors in the name of financial rescue to acquire national banks deemed capital inadequate and insolvent by the BIS."

economist Henry CK Lui

 

"The Federal Reserve Bank of New York is eager to enter into close relationship with the Bank for International Settlements.The conclusion is impossible to escape that the State and Treasury Departments are willing to pool the banking system of Europe and America, setting up a world financial power independent of and above the Government of the United States.The United States under present conditions will be transformed from the most active of manufacturing nations into a consuming and importing nation with a balance of trade against it."

Rep. Louis T. McFadden (1876-1936), US Congressman (R-PA) (1915-1935), Chairman of House Banking and Currency Committee, quoted in the New York Times (June 1930), June 10, 1932. He was poisoned in 1936

 

"BIS [Bank for International Settlements] is the most powerful bank in the world, a global central bank, owned by the US Federal Reserve, Bank of England, Bank of Italy, Bank of Canada, Swiss National Bank, Nederlandsche Bank, Bundesbank, and Bank of France.
BIS holds at least 10% of monetary reserves for at least 80 of the world's central banks, the IMF and other multilateral institutions. It serves as financial agent for international agreements, collects information on the global economy and serves as lender of last resort to prevent global financial collapse."

Dean Henderson in his book "Big Oil & Their Bankers In The Persian Gulf"

 

"[The Bank for International Settlements (BIS) was part of a plan] 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...to be controlled in a feudalistic fashion by the central banks of the world acting in concert by secret agreements."

Carroll Quigley, historian and Georgetown University professor, in his book "Tragedy and Hope"

 

"The Bank of International Settlements (BIS) and the IMF ... are nothing more than bully-boy clearing houses for the drug trade. The BIS undermines any country that the IMF wants to sink by setting up ways and means for the easy outflow of flight capital. Nor does BIS recognize nor make any distinction when it comes down to what is flight capital and what is laundered drug money.
The BIS operates on gangster lines. If a country will not submit to asset-stripping by the IMF, then it says in effect, "Right, then we will break you by means of the huge cache of narco-dollars we are holding." It is easy to understand why gold was demonetized and substituted with the paper "dollar" as the world's reserve currency. It is not as easy to blackmail a country holding gold reserves as it is one having its reserves in paper dollars."

John Coleman in his book "Conspirators' Hierarchy: The Story of the Committee of 300"

 

"The BIS [Bank of International Settlements] was established to remedy the decline of London as the world's financial center by providing a mechanism by which a world with three chief financial centers in London, New York, and Paris could still operate as one.
The BIS [Bank of International Settlements] was founded by the central banks of Belgium, France, Germany, Italy, the Netherlands, Japan, and the United Kingdom along with three leading commercial banks from the United States, including J.P. Morgan & Company, First National Bank of New York, and First National Bank of Chicago."

Carroll Quigley in his book "Tragedy and Hope"

 

"The Bank of International Settlements (BIS) in Basel, Switzerland is exempt from taxes, their buildings are defined as "inviolable", not subject to Swiss law, and their employees don't pay income taxes on their salaries. The assets of the BIS are not subject to civil claims under Swiss law. When BIS senior managers travel they have diplomatic status, they can't be searched, their bags can't be searched, their documents can't be searched, and they are immune under Swiss law for life for all of the acts that are carried out while working there. "

Charlie Robinson, in his book "The Octopus of Global Control", 2017

 

BANKING CONGLOMERATES

WORLD'S 25 LARGEST BANKS - 2012

HSBC
BNP PARABIS
INDUSTRIAL AND COMMERCIAL BANK OF CHINA
MITUBISHI
CREDIT AGRICOLE
BARCLAYS GROUP
ROYAL BANK OF SCOTLAND
JPMORGAN CHASE
BANK OF AMERICA
CHINA CONSTRUCTION BANK
MIZUHO FINANCIAL GROUP
BANK OF CHINA
CITIGROUP
AGRICULTURAL BANK OF CHINA
ING GROUP
BANCO SANTANDER
SUMITOMO MITSUI FINANCIAL GROUP
SOCIETE GENERALE
UBS
LLOYDS BANKING GROUP
GROUP BCPE
WELLS FARGO
UNICREDIT
CREDIT SUISSE
DEUSTCHE BANK

 

BANKING DYNASTIES

Eight families own the majority of stock in every private central bank in the world including the Federal Reserve.

ROTHSCHILD
ROCKEFELLER
KUHN LOEB
WARBURG
LAZARD
GOLDMAN SACHS
ISRAEL MOSES SEIF
LEHMAN

The central banks of the world are controlled by a global oligarchy which in turn controls the major banks and transnational corporations, the major universities, and through fiancial manipulation the currencies amd economies of most countries.

BANK OF INTERNATIONAL SETTLEMENTS (BIS)
(the central bank of central banks)
BANK OF ENGLAND
FEDERAL RESERVE

The private banks below own the most shares of the Federal Reserve and therefore control it.

ROTHSCHILD BANK OF LONDON
ROTHSCHILD BANK OF BERLIN
WARBURG BANK OF HAMBURG
WARBURG BANK OF AMSTERDAM
LAZARD BROTHERS OF PARIS
ISRAEL MOSES SEIF BANK OF ITALY
KUHN LOEB BANK OF NEW YORK
GOLDMAN SACHS OF NEW YORK
J. P. MORGAN CHASE BANK OF NEW YORK
LEHMAN BROTHERS OF NEW YORK (filed for bankruptcy in 2008)

 

"We are ruled, though it may be difficult to imagine, by a small dynastic power structure, largely consisting of powerful banking families, such as the Rothschilds, Rockefellers, and others. They emerged in controlling the financial system, extended their influence over the political system, the educational system, and, through the major foundations, have become the dominant social powers of our world, creating think tanks and other institutions which shape and change the course of society and modern human history."

Andrew Gavin Marshall

 

"Powerful private families decide who controls the Federal Reserve, the Bank of England, the Bank of Japan and even the European Central Bank. Money is in their hands to destroy or create. Their aim is the ultimate control over future life on this planet, a supremacy earlier dictators and despots only ever dreamt of."

F. William Engdahl

 

"Since America's inception there has been a lingering notion that European Illuminati bankers seek to bring America to its knees and return it to the fold of the Crown of England, which centuries ago became the key political vassal for the Eight Families who own majority stock in every private central bank in the world- Rothschild, Rockefeller, Kuhn Loeb, Lehman, Goldman Sachs, Warburg, Lazard and Israel Moses Seif.
... The Eight Families own 52% of the New York Federal Reserve Bank, far and away the most powerful Fed Bank. Their ownership is disguised under names like JP Morgan Chase, Citigroup, Goldman Sachs and Morgan Stanley.
... Do I exaggerate when I claim that there are Eight Families? Well, yes, actually these oligarchs have interbred to the point that they are now, for all practical purposes, one big family, with the Rothschilds being the most powerful. Their net worth alone is estimated at well over $100 trillion."

Dean Henderson

 

"[The most important international banking families] include Baring, Lazard, Erlanger, Warburg, Schroder, Seligman, the Speyers, Mirabaud, Mallet, Fould, and above all Rothschild and Morgan."

Carroll Quigley, historian and Georgetown University professor, in his book "Tragedy and Hope"

 

"Here are the card-carrying shareholders in the `Federal' Reserve Corporation: Rothschild Banks of London and Berlin, Lazard Brothers Bank of Paris, Isreal, Moses Sieff Banks Of Italy, Warburg Bank of Hamburg and Amsterdam, Lehman Brothers Bank of new York, Kuhn Loeb Bank Of New York, Chase Manhattan Bank Of New York, Goldman Sachs Bank Of New York."

Miles Franklin Newsletter

 

BANKING OLIGARCHY
MONEY TRUST / INTERNATIONAL BANKING CARTEL

"During the past two centuries when the peoples of the world were gradually winning their political freedom from the dynastic monarchies, the major banking families of Europe and America were actually reversing the trend by setting up new dynasties of political control through the formation of international financial combines. These banking dynasties had learned that all governments must have sources of revenue from which to borrow in times of emergency. They had also learned that by providing such funds from their own private resources, they could make both kings and democratic leaders tremendously subservient to their will."

Carroll Quigley in his book "Tragedy and Hope"

 

"The goal is control. They [international banking cartel] want all of us enslaved to debt, they want all of our governments enslaved to debt, and they want all of our politicians addicted to the huge financial contributions that they funnel into their campaigns. Since the elite also own all of the big media companies, the mainstream media never lets us in on the secret that there is something fundamentally wrong with the way that our system works."

Karen Hudes was Senior Counsel in the legal department of the World Bank for more than 20 years

 

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations."

Carroll Quigley in his book 'Tragedy and Hope

 

"The eight largest U.S. financial companies (JP Morgan, Wells Fargo, Bank of America, Citigroup, Goldman Sachs, U.S. Bancorp, Bank of New York Mellon and Morgan Stanley) are 100% controlled by ten shareholders and we have four companies always present in all decisions:
BlackRock, State Street, Vanguard and Fidelity.
In addition, the Federal Reserve is comprised of 12 banks, represented by a board of seven people, which comprises representatives of the "big four," which in turn are present in all other entities.
In short, the Federal Reserve is controlled by four large private companies: BlackRock, State Street, Vanguard and Fidelity. These companies control U.S. monetary policy (and world) without any control or "democratic" choice.

www.theglobalelite.org, 2013

 

"States, most especially the large hegemonic ones, such as the United States and Great Britain, are controlled by the international central banking system, working through secret agreements at the Bank for International Settlements (BIS), and operating through national central banks (such as the Bank of England and the Federal Reserve)... The same international banking cartel that controls the United States today previously controlled Great Britain and held it up as the international hegemon. When the British order faded, and was replaced by the United States, the US ran the global economy. However, the same interests are served. States will be used and discarded at will by the international banking cartel; they are simply tools."

Carroll Quigley in his book "Tragedy and Hope"

 

"What is really going on is that the world's resources are being dominated by this group (international banking cartel)."

Karen Hudes was Senior Counsel in the legal department of the World Bank for more than 20 years

 

"The merchant bankers of London had already at hand in 1810-1850 the Stock Exchange, the Bank of England, and the London money market... In time they brought into their financial network the provincial banking centers, organized as commercial banks and savings banks, as well as insurance companies, to form all of these into a single financial system on an international scale which manipulated the quantity and flow of money so that they were able to influence, if not control, governments on one side and industries on the other."

Carroll Quigley in his book "Tragedy and Hope"

 

"Hundreds of years ago, bankers began to specialize, with the richer and more influential ones associated increasingly with foreign trade and foreign-exchange transactions. Since these were richer and more cosmopolitan and increasingly concerned with questions of political significance, such as stability and debasement of currencies, war and peace, dynastic marriages, and worldwide trading monopolies, they became the financiers and financial advisers of governments.
Moreover, since their relationships with governments were always in monetary terms and not real terms, and since they were always obsessed with the stability of monetary exchanges between one country's money and another, they used their power and influence to do two things: (1) to get all money and debts expressed in terms of a strictly limited commodity-ultimately gold; and (2) to get all monetary matters out of the control of governments and political authority, on the ground that they would be handled better by private banking interests."

Carroll Quigley, in his book "Tragedy and Hope"

 

"The real menace of our Republic is the invisible government, which like a giant octopus sprawls its slimy legs over our cities, states and nation. To depart from mere generalizations, let me say that at the head of this octopus are the Rockefeller-Standard Oil interests and a small group of powerful banking houses generally referred to as the international bankers. The little coterie of powerful international bankers virtually run the United States government for their own selfish purposes.
They practically control both parties, write political platforms, make catspaws of party leaders, use the leading men of private organizations, and resort to every device to place in nomination for high public office only such candidates as will be amenable to the dictates of corrupt big business.
These international bankers and Rockefeller-Standard Oil interests control the majority of the newspapers and magazines in this country. They use the columns of these papers to club into submission or drive out of office public officials who refuse to do the bidding of the powerful corrupt cliques which compose the invisible government. It operates under cover of a self-created screen [and] seizes our executive officers, legislative bodies, schools, courts, newspapers and every agency created for the public protection."

New York City Mayor John F. Hylan during a speech, 1922

 

"The influence of financial capitalism and of the international bankers who created it was exercised both on business and on governments, but could have done neither if it had not been able to persuade both these to accept two "axioms" of its own ideology. Both of these were based on the assumption that politicians were too weak and too subject to temporary popular pressures to be trusted with control of the money, system; accordingly, the sanctity of all values and the soundness of money must be protected in two ways: by basing the value of money on gold and by allowing bankers to control the supply of money."

Carroll Quigley, in his book "Tragedy and Hope"

 

"International bankers created the central banks of the world (including the Federal Reserve), and they use those central banks to get the governments of the world ensnared in endless cycles of debt from which there is no escape. Government debt is a way to "legitimately" take money from all of us, transfer it to the government, and then transfer it into the pockets of the ultra-wealthy."

Michael Snyder, 2013

 

"The substantive financial powers of the world were in the hands of 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 coupes 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, but, at the end of that century, they were being replaced by J. P. Morgan whose central office was in New York, although it was always operated as if it were in London."

Carroll Quigley, in his book "Tragedy and Hope"

 

"The merchant bankers of London had already at hand in 1810-1850 the Stock Exchange, the Bank of England, and the London money market when the needs of advancing industrialism called all of these into the industrial world which they had hitherto ignored. In time they brought into their financial network the provincial banking centers, organized as commercial banks and savings banks, as well as insurance companies, to form all of these into a single financial system on an international scale which manipulated the quantity and flow of money so that they were able to influence, if not control, governments on one side and industries on the other. The men who did this, looking backward toward the period of dynastic monarchy in which they had their own roots, aspired to establish dynasties of international bankers and were at least as successful at this as were many of the dynastic political rulers. The greatest of these dynasties, of course, were the descendants of Meyer Amschel Rothschild (1743-1812) of Frankfort, whose male descendants, for at least two generations, generally married first cousins or even nieces. Rothschild's five sons, established at branches in Vienna, London, Naples, and Paris, as well as Frankfort, cooperated together in ways which other international banking dynasties copied but rarely excelled."

Carroll Quigley, in his book "Tragedy and Hope"

 

"In addition to their power over government based on government financing and personal influence, bankers could steer governments in ways they wished them to go by other pressures. Since most government officials felt ignorant of finance, they sought advice from bankers whom they considered to be experts in the field. The history of the last century shows that the advice given to governments by bankers, like the advice they gave to industrialists, was consistently good for bankers, but was often disastrous for governments, businessmen, and the people generally. Such advice could be enforced if necessary by manipulation of exchanges, gold flows, discount rates, and even levels of business activity."

Carroll Quigley, in his book "Tragedy and Hope"

 

"The structure of financial controls created by the tycoons of 'Big Banking' and 'Big Business'... was of extraordinary complexity, one business fief being built on another, both being allied with semi-independent associates, the whole rearing upward into two pinnacles of economic and political power, of which one, centered in New York, was headed by J. P. Morgan and Company and the other, in Ohio, was headed by the Rockefeller family. When the two cooperated, as they generally did, they could influence the economic life of the country to a large degree and could almost control its political life, at least at the Federal level. They caused the "panic of 1907" and the collapse of two railroads, one in 1914 and the other in 1929."

Carroll Quigley, in his book "Tragedy and Hope"

 

"In the period up to 1931, bankers, especially the Money Power controlled by the international investment bankers, were able to dominate both business and government. They could dominate business, especially in activities and in areas where industry could not finance its own needs for capital, because investment bankers had the ability to supply or refuse to supply such capital."

Carroll Quigley, historian and Georgetown University professor, in his book "Tragedy and Hope"

 

"The power of investment bankers over governments rests on a number of factors, of which the most significant, perhaps, is the need of governments to issue short-term treasury bills as well as long-term government bonds. Just as businessmen go to commercial banks for current capital advances to smooth over the discrepancies between their irregular and intermittent incomes and their periodic and persistent outgoes (such as monthly rents, annual mortgage payments, and weekly wages), so a government has to go to merchant bankers (or institutions controlled by them) to tide over the shallow places caused by irregular tax receipts."

Carroll Quigley, in his book "Tragedy and Hope"

 

"International investment bankers took seats on the boards of directors of industrial firms, as they had already done on commercial banks, savings banks, insurance firms, and finance companies. From these lesser institutions they funneled capital to enterprises which yielded control and away from those who resisted. These firms were controlled through interlocking directorships, holding companies, and lesser banks. They engineered amalgamations and generally reduced competition, until by the early twentieth century many activities were so monopolized that they could raise their noncompetitive prices above costs to obtain sufficient profits to become self-financing.
But before that stage was reached a relatively small number of bankers were in positions of immense influence in European and American economic life."

Carroll Quigley, in his book "Tragedy and Hope"

 

"[The] period, 1884-1933, was the period of financial capitalism in which investment bankers moving into commercial banking and insurance on one side and into railroading and heavy industry on the other were able to mobilize enormous wealth and wield enormous economic, political, and social power. Popularly known as "Society," or the "400," they lived a life of dazzling splendor.
... The influence of these business leaders was so great that the Morgan and Rockefeller groups acting together, or even Morgan acting alone, could have wrecked the economic system of the country merely by throwing securities on the stock market for sale, and, having precipitated a stock-market panic, could then have bought back the securities they had sold but at a lower price. Naturally, they were not so foolish as to do this, although Morgan came very close to it in precipitating the "panic of 1907."

Carroll Quigley, in his book "Tragedy and Hope"

 

"This world is not run by the Presidents or the Prime Ministers. It is run by the global corporations and the banks. For it is these entities that control the money supply and it is these entities that decide which country lives or falls."

the dailybell.com

 

"The bankers control the world's major corporations, media, intelligence agencies, think tanks, foundations and universities."

Henry Makow

 

"International financier Paul Warburg masterminded establishment of the Federal Reserve to put control over nation's economy in hands of international bankers. The Federal Reserve controls the money supply, which allows manipulators to create alternate cycles of boom and bust, ie., a roller coaster economy. This allows those in the know to make fabulous amounts of money, but even more important, allows the insiders to control the economy and further centralize power in the federal government."

Gary Allen in his book "None Dare Call It Conspiracy"

 

"Eventually international bankers actually owned as private corporations the central banks of the various European nations. The Bank of England, Bank of France and Bank of Germany were not owned by their respective governments, as almost everyone imagines, but were privately owned monopolies granted by the heads of state, usually in return for loans."

Gary Allen in his book "None Dare Call It Conspiracy"

 

"In the Bolshevik Revolution we have some of the world's richest and most powerful men financing a movement which claims its very existence is based on the concept of stripping of their wealth, men like the Rothschids, Rockefellers, Schiffs, Warburgs, Morgans, Harrimans, and Milners. But obviously these men have no fear of international Communism. It is only logical to assume that if they financed it and do not fear it, it must be because they control it."

Gary Allen in his book "None Dare Call It Conspiracy"

 

"While wars and revolutions have been useful to international bankers in gaining or increasing control over governments, the key to such control has always been control of money. You can control a government if you have it in your debt; a creditor is in a position to demand the privileges of monopoly from the sovereign. Money-seeking governments have granted monopolies in state banking, natural resources, oil concessions and transportation. However, the monopoly which the international financiers most covet is control over a nation's money."

Gary Allen in his book "None Dare Call It Conspiracy"

 

"It is in the pecuniary interests of the international bankers to centralize political power - and this centralization can best be achieved within a collectivist society, such as socialist Russia, national socialist Germany, or a Fabian socialist United States.
There can be no full understanding and appreciation of twentieth-century American politics and foreign policy without the realization that this financial elite effectively monopolizes Washington policy."

Antony C. Sutton in his book "Wall Street and the Rise of Hitler"

 

"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."

Antony C. Sutton in his book "Wall Street and the Rise of Hitler"

 

"There is a special breed of international financiers whose success typically is built upon certain character traits. Those include cold objectivity, immunity to patriotism, and indifference to the human condition. That profile is the basis for proposing a theoretical strategy, called the Rothschild Formula, which motivates such men to propel governments into war for the profits they yield... As long as the mechanism of central banking exists, it will be to such men an irresistible temptation to convert debt into perpetual war and war into perpetual debt."

G. Edward Griffin in his book "The Creature from Jekyll Island"

 

"The Warburgs, Kuhn Loebs, Goldman Sachs, Schiffs and Rothschilds have intermarried into one big happy banking family. The Warburg family - which controls Deutsche Bank and BNP- 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."

Dean Henderson in his book "Big Oil & Their Bankers In The Persian Gulf"

 

"CPA Thomas D. Schauf states that ten banks control all twelve Federal Reserve Bank branches. He names N.M. Rothschild of London, Rothschild Bank of Berlin, Warburg Bank of Hamburg, Warburg Bank of Amsterdam, Lehman Brothers of New York, Lazard Brothers of Paris, Kuhn Loeb Bank of New York, Israel Moses Seif Bank of Italy, Goldman Sachs of New York and JP Morgan Chase Bank of New York."

Dean Henderson in his book "Big Oil & Their Bankers In The Persian Gulf"

 

"Capital must protect itself in every possible way, both by combination and legislation. Debts must be collected, mortgages foreclosed as rapidly as possible. When, through the process of law, the common people lose their homes, they will become more docile and more easily governed through the strong arm of government applied by a central power of wealth under leading financiers. These truths are well known among our principal men who are now engaged in forming an imperialism to govern the world. By dividing the voter through the political party system, we can get them to expend their energies in fighting for questions of no importance. It is thus by discreet action we can secure for ourselves that which has been so well planned and so successfully accomplished."

American's Banker Association, 1924

 

"In the latter half of the 1800s European financiers were in favor of an American Civil War that would return the United States to its colonial status.
The Civil War, lasted from 1861 until 1865 ... during which, Congress also set up a national bank, putting the government into partnership with the banking interests, guaranteeing their profits."

Andrew Gavin Marshall, Global Research

 

"Our global banking system is a global cartel, a "super-entity" in which the world's major banks all own each other and own the controlling shares in the world's largest multinational corporations.
... This is the real "free market," a highly profitable global banking cartel, functioning as a worldwide financial Mafia."

Andrew Gavin Marshall, 2012

 

"The global banking cartel, centered at the IMF, World Bank and Federal Reserve, have paid off politicians and dictators the world over [Including Washington]. In country after country, they have looted national economies at the expense of local populations, consolidating wealth in unprecedented fashion ­ the top economic one-tenth of one percent is currently holding over $40 trillion in investible wealth, not counting an equally significant amount of wealth hidden in offshore accounts."

David DeGraw, 2011

 

"The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banking was conceived in inequity and born in sinBankers own the earth. Take it away from them but leave them the power to create money, and, with a flick of a pen, they will create enough money to buy it back againTake this great power away from them and all great fortunes like mine will disappear, for then this would be a better and happier world to live inBut, if you want to continue to be the slaves of bankers and pay the cost of your own slavery, then let bankers continue to create money and control credit."

Sir Josiah Stamp (1880-1941), President of the Bank of England in the 1920_s, the second richest man in Britain, speaking at the Commencement Address of the University of Texas in 1927

 

"The real menace of our republic is the invisible government, which, like a giant octopus, sprawls its slimy length over our city, state and nation. At the head is a small group of banking houses generally referred to as 'international bankers.' This little coterie of powerful international bankers virtually run our government for their own selfish ends."

John F. Hylan, 1922, Mayor of New York, in a speech

 

"The world's money-lenders became experts at parasitic high finance and got rich through the explosive growth of fractional reserve banking. These people have dominated the economies of nations through such institutions as the Bank of England, the Federal Reserve System, the Bank of International Settlements (BIS), and other central and commercial banks, currency and commodity exchanges, and stock and bond markets.
... The bankers on the one hand and the political racketeers on the other merged over a century ago under the oversight of figures associated with the creation of the Anglo-American Empire, such as Cecil Rhodes, Lord Alfred Milner, Colonel Mandell House, Winston Churchill, the House of Windsor, and the Rothschilds, Schiffs, Morgans, Harrimans, Rockefellers, Myers, and Bushes."

Richard C. Cook, 2008

 

"The big bankers of the world, who practice the terrorism of money, are more powerful than kings and field marshals, even more than the Pope of Rome himself. They never dirty their hands. They kill no one: they limit themselves to applauding the show.
Their officials, international technocrats, rule our countries: they are neither presidents nor ministers, they have not been elected, but they decide the level of salaries and public expenditure, investments and divestments, prices, taxes, interest rates, subsidies, when the sun rises and how frequently it rains."

Eduardo Galeano

 

"On September 1, 1894, we will not renew our loans under any consideration. On September 1st we will demand our money. We will foreclose and become mortgagees in possession. We can take two-thirds of the farms west of the Mississippi, and thousands of them east of the Mississippi as well, at our own price."

American Bankers Association, 1891

 

"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and it's issuance."

James Madison, 1820

 

"The money powers prey upon the nation in times of peace and conspire against it in times of adversity. It is more despotic than a monarchy, more insolent than autocracy, and more selfish than bureaucracy. It denounces as public enemies all who question its methods or throw light upon its crimes. I have two great enemies, the Southern Army in front of me and the bankers in the rear. Of the two, the one at my rear is my greatest foe.

Abraham Lincoln

 

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks...will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."

Thomas Jefferson

 

"We must keep the people busy with political antagonisms... By dividing the electorate ... we'll be able to have them spend their energies at struggling amongst themselves on questions that, for us, have no importance whatsoever.
... Let us make use of the courts... When through the law's intervention, the common people shall have lost their homes, they will be more easy to control and more easy to govern, and they shall not be able to resist the strong hand of the Government acting in accordance with ... the control of the leaders of finance."

United States Bankers magazine, 1892

 

"I fear that foreign bankers with their ... tortuous tricks will entirely control the exuberant riches of America and use it systematically to corrupt modern civilization. They will not hesitate to plunge the whole [world] into wars and chaos in order that the earth should become their inheritance."

Otto von Bismarck, Chancellor of Germany, after the assassination of President Lincoln, 1863

 

"The banking cartel succeeds in creating "false" prices for commodities such as oil, gold and silver through their creation of bogus paper markets (futures, ETFs, etc.), in which sometimes a hundred times or more of the commodity is bought and sold in paper form than exists in real physical form."

F. WIlliam Engdahl

 

"With the exception of a few thousand very powerful people, the entire world's population, all seven billion of us, are trapped ... trapped into a criminal debt creating banking 'system' that has taken hundreds of years to perfect and to come to fruition. This 'system' results in enslavement and servitude. It creates dreadful unhappiness amongst ordinary decent people and causes wars, debt, starvation, pollution and environmental destruction. It feeds on greed, fear and division. It forces people onto the corporate treadmills of mass mindless production and mass mindless consumption. It uses lies, deception, intimidation and entrapment at all times. It is a system that is so clever and so cunning that most of the world is completely oblivious to its existence. It is a system that allows a few winners at the expense of a huge number of losers. It is a system that considers itself to be unbeatable and indestructible and is now so arrogant that it believes it can control everything and everyone on its terms. It is a system where psychopaths and sociopaths can flourish. And without question the center of this system, the heart of this global corporate beast is the innocent sounding Square Mile known as the City of London."

Justin Walker

 

"Here are the card-carrying shareholders in the `Federal' Reserve Corporation: Rothschild Banks of London and Berlin, Lazard Brothers Bank of Paris, Isreal, Moses Sieff Banks Of Italy, Warburg Bank of Hamburg and Amsterdam, Lehman Brothers Bank of new York, Kuhn Loeb Bank Of New York, Chase Manhattan Bank Of New York, Goldman Sachs Bank Of New York."

Miles Franklin Newsletter

 

BANKS

"The world's money-lenders became experts at parasitic high finance and got rich through the explosive growth of fractional reserve banking. These people have dominated the economies of nations through such institutions as the Bank of England, the Federal Reserve System, the Bank of International Settlements (BIS), and other central and commercial banks, currency and commodity exchanges, and stock and bond markets.
... The bankers on the one hand and the political racketeers on the other merged over a century ago under the oversight of figures associated with the creation of the Anglo-American Empire, such as Cecil Rhodes, Lord Alfred Milner, Colonel Mandell House, Winston Churchill, the House of Windsor, and, as examples of families involved, the Rothschilds, Schiffs, Morgans, Harrimans, Rockefellers, Myers, and Bushes."

Richard C. Cook, 2008

 

"Every country suspended the gold standard at the outbreak of the war [WWI]... This removed the automatic limitation on the supply of paper money. Then each country proceeded to pay for the war by borrowing from the banks. The banks created the money which they then lent by merely giving the Government a deposit of any size against which the Government could draw checks. The banks were no longer limited in the amount of credit they could create because they no longer had to pay out gold for checks on demand. Thus the creation of money in the form of credit by the banks was limited only by the demands of its borrowers."

Carroll Quigley, historian and Georgetown University professor, in his book "Tragedy and Hope"

 

"Before World War I, two opposing systems of political economy competed for dominance in the United States. One operated out of Wall Street, the New York financial district that came to be the symbol of American finance. Its most important address was 23 Wall Street, known as the "House of Morgan." J. P. Morgan was an agent of powerful British banking interests. The Wizards of Wall Street and the Old World bankers pulling their strings sought to establish a national currency that was based on the "gold standard," one created privately by the financial elite who controlled the gold. The other system dated back to Benjamin Franklin and operated out of Philadelphia... The Philadelphia faction favored a bank on the model established in provincial Pennsylvania, where a state loan office issued and lent money, collected the interest, and returned it to the provincial government to he used in place of taxes. President Abraham Lincoln returned to the colonial system of government-issued money during the Civil War; but he was assassinated, and the bankers reclaimed control of the money machine. The silent coup of the Wall Street faction culminated with the passage of the Federal Reserve Act in 1913."

Ellen Brown in her book "Web of Debt"

"You can count the number of banks that own half of all the wealth in the U.S. economy on just one hand. There are just five of them: Goldman Sachs, JP Morgan Chase, Wells Fargo, Bank of America, and Citigroup. Their total assets equal 8.5 trillion, which is 56% of our entire economy."

Thom Hartmann

 

"Since 2008, bad debt from banks, corporations, and private investors was in transferred from the balance sheets of private banks to the balance sheets of the central banks as a result of nine years of bailout via QE (quantitative easing), zero interest rate free money, and other policies of the central banks. The central banks bailed out the capitalist system in 2008-09 by shifting the bad debts to themselves. In the course of the last 9 years, the private system loaded itself up on still more debt than it had in 2007. Can the central banks, already bloated with $20 trillion bail out bankers and friends once again? That's the question. Attempting to unload the $20 trillion to make room for the next bailout-as the central banks now propose to do-may result, however, in precipitating the next crisis.
... After eight years of treating symptoms and not the disease, the global financial system has become addicted to super-low rates and to continued central bank excess liquidity provisioning. What started in 2008 as a massive, somewhat coordinated central bank lender of last resort experiment - i.e. global bank bailout - has over the past eight years evolved into a more or less permanent subsidisation of the private banking and financial systems by central banks. The system has become addicted to free money.
... What happened was an unprecedented acceleration in financial asset markets as equity and bond prices surged for eight years, high end real estate prices rose to prior levels, derivatives boomed, gold and crypto-currencies escalated in value, and income inequality soared to record levels - all fueled by the massive $10 trillion central bank liquidity injections that drove interest rates to zero or below."

Jack Rasmus , 2017

 

"Only low echelon drug dealers get caught with drug money in their hands. The elite - Drexel Burnham, Credite Suisse, Hong Kong and Shanghai Bank (HSBC) - escape detection... American Express was and still is a conduit for laundering drug money."

John Coleman in his book "Conspirators' Hierarchy: The Story of the Committee of 300"

 

"A competent war on drugs must begin with a war against the banking institutions and bankers who 'launder' Dope, Inc.'s ill-gotten gains...Shut down the drug money-laundering by the major Anglo-American banks, and the dope cartel would choke to death on its own profits... Dope, Inc.'s vulnerable flank is the international network of banks and other financial institutions that 'launder' the cartel's $558 billion per year in gross revenue... Action by governments against the drug bankers could rapidly shut down Dope, Inc."

from the book "Dope. Inc.", Executive Intelligence Review,1978

 

"By 2000 four giant banks emerged to rule the US financial roost. JP Morgan Chase and Citigroup were kings of capital on the East Coast. Together they control 52.86% of the New York Federal Reserve Bank. Bank of America and Wells Fargo reigned supreme on the West Coast.
During the 2008 banking crisis these firms got even bigger, taking on distressed assets for pennies on the dollar. Barclays took over Lehman Brothers. JP Morgan Chase got Washington Mutual. Bank of America was handed Merrill Lynch and Countrywide, while Wells Fargo got the nation's 5th biggest bank- Wachovia."

Dean Henderson in his book "Big Oil & Their Bankers In The Persian Gulf"

 

"The Hong Kong and Shanghai Bank (HSBC), remains the largest and least controlled clearinghouse bank for the opium trade.

John Coleman in his book "Conspirators' Hierarchy: The Story of the Committee of 300"

 

"The Four Horsemen of Banking [Bank of America, JP Morgan Chase, Wells Fargo, Citigroup] own the Four Horsemen of Oil [Shell, Chevron, British Petroleum, Exxon] , in tandem with Deusche Bank, Banque Paribas, Barclays and other European old money behemoths... These same Four Horsemen of Banking are also among the top 10 stock holders of virtually every Fortune 500 corporation. "

Dean Henderson in his book "Big Oil & Their Bankers In The Persian Gulf"

 

"The institutional changes which the 1999 Financial Services Modernization Act (FSMA) brought about, including the concentration and centralization of power in the hands of a small number of financial giants, largely contributed to Wall Street's unswerving quest for global financial domination.
The tendency was towards a worldwide financial supermarket controlled by a handful of global financial institutions which penetrate and permeate the fabric of national economies. The sweeping deregulation of U.S. banking imparted unprecedented powers to Wall Street's financial conglomerates to acquire and take over banking institutions all over the world."

Andrew Gavin Marshall, Global Research

 

"Capital must protect itself in every possible way, both by combination and legislation. Debts must be collected, mortgages foreclosed as rapidly as possible. When, through the process of law, the common people lose their homes, they will become more docile and more easily governed through the strong arm of government applied by a central power of wealth under leading financiers. These truths are well known among our principal men who are now engaged in forming an imperialism to govern the world. By dividing the voter through the political party system, we can get them to expend their energies in fighting for questions of no importance. It is thus by discreet action we can secure for ourselves that which has been so well planned and so successfully accomplished."

American's Banker Association, 1924

 

"The debt crisis of the early 1980s unleashed a wave of corporate mergers, buyouts and bankruptcies. These changes then paved the way for the consolidation of a new generation of financiers clustered around the large merchant banks, the institutional investors, stock brokerage firms and large insurance companies. In this process, commercial banking functions have coalesced with those of the investment banks and stock brokers, leading to the consolidation of a handful of global financial conglomerates."

Andrew Gavin Marshall, Global Research

 

"In the United States, five banks control half the economy: JP Morgan Chase, Bank of America, Citigroup, Wells Fargo, and Goldman Sachs Group collectively held $8.5 trillion in assets at the end of 2011, which equals roughly 56% of the U.S. economy. This data was according to central bankers at the Federal Reserve. In 2007, the assets of the largest banks amounted to 43% of the U.S. economy."

Andrew Gavin Marshall, 2012

 

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