-- Posted Monday, 25 May 2009 | | Source: GoldSeek.com
By R. D. Bradshaw
Do the Rothschild Cabal players think that we are all idiots--to include Americans, Europeans, Chinese, Japanese, Russians and others? The Cabal’s work for the last couple of years suggests that indeed they do believe that we all are too stupid to oppose their plans to steal the rest of the wealth of the world and establish world government under their control. In their view, they will successfully continue to steal from us and rip us off as they have been doing for the last 250 years.
This Goldsmiths article will expand upon on how they are transferring the last vestiges of wealth in the world to their own big banks and holding companies. Once this process reaches a satisfactory level, they will be ready for WWIII to bring about the Cabal’s real hope of ruling the world through its own controlled World Government.
The Backdrop from the Supposedly More Affluent Nations
Almost all of us who open our eyes and look around have become acutely aware of the transfer of the last vestiges of wealth in the world to the Rothschild Cabal. As we know, the bulk of this transfer is being made to the Cabal banks on the premise that by giving them stacks and stacks of money and assets that they will mysteriously resume lending money to the public.
But there are several realities which have combined to spell out the fact that the banks are not lending to the public and have no intention of doing so. The first thing which is motivating this reluctance is the fact that the Cabal banks are still sitting on huge amounts of toxic paper. This problem was broached in some detail in the Goldsmiths, Part LXXX.
The big thing the big Cabal banks has been faced with is the real world situation that they are holdings perhaps some $200 trillion in derivatives, some part of which is bad and will never be repaid (on Apr 5, 2009, www.analysis-news.com had a report from Geopolitics-Geoeconomics, via rense.com, on a story by E. William Engdahl on Geithner’s Dirty Little Secret which noted that “Today five US banks according to data in the just-released Federal Office of Comptroller of the Currency’s Quarterly Report on Bank Trading and Derivatives Activity, hold 96% of all US bank derivatives positions in terms of nominal values, and an eye-popping 81% of the total net credit risk exposure in event of default. The five are, in declining order of importance: JPMorgan Chase which holds a staggering $88 trillion in derivatives... Morgan Chase is followed by Bank of America with $38 trillion in derivatives, and Citibank with $32 trillion. Number four in the derivatives sweepstakes is Goldman Sachs with a ‘mere’ $30 trillion in derivatives. Number five, the merged Wells Fargo -Wachovia Bank, drops dramatically in size to $5 trillion. Number six, Britain’s HSBC Bank USA has $3.7 trillion”).
But to address this huge need by the Cabal, the America taxpayers have so far only agreed to fork over some $13 trillion as was reported on Apr 12, 2009 in a rense.com story by Mike Whitney on Economic Crisis – No End in Sight. He said: “Treasury Secretary Geithner and Fed chief Bernanke have lent or committed $13 trillion trying to keep the financial system functioning…”
As discussed in the Goldsmiths 80, it is not clear exactly how Whitney calculated that $13 trillion. Some large bail-out funds have come from the treasury as well as huge loans, grants, etc from the Fed. Obviously, any person capable of doing a little arithmetic can see at once that this planned $13 trillion is awfully small in comparison with possible Cabal needs of something up to $100 trillion. And where will it all come from?
There is no doubt about it. So far, the Cabal has been soaking the US and even the European taxpayers for every cent possible. But there is a build-up in rebellion on the part of the gullible taxpayers. I have discussed this at length in both the Goldsmiths (in particular, see the Goldsmiths, Part LXXXI) and news articles at www.analysis-news.com. I am convinced that the Cabal has found it prudent to temporarily slow down the bail out process somewhat from the Americans and Europeans.
After all, the Cabal knows what could happen if the people get motivated to revolt and take their wrath out on the bankers as well as the politicians. The Cabal is made up of extremely evil people. But they are not stupid people. They know perfectly well what they are doing. Maybe the rest of us might be confused and uncertain but the Cabal leaders in the City in London are still calling the economic and financial shots around most of the world.
So, along with slowing down and even curtailing some of the bail out payoffs to the big Cabal banks, the Cabal has even allegedly allowed some so-called improvements in the US economy, starting in April 2009 (as discussed in the Goldsmiths, Part LXXXI). It looks somewhat like the Cabal may have backed off somewhat this spring to allow some price rises in contrast to its efforts to deflate things in 2007-2008 (at least oil has been up recently).
In the Goldsmiths, part LXXXI, I wrote: Cabal team members and their prostitute politicians have been making speeches right and left about economic improvements and the allegation that the current recession will be over this year. The Cabal controlled government agents have been pumping out improved statistics for weeks now. Cabal banks and controlled businesses are reporting improved earnings and balance sheets.
Cabal media powers have been flooding the news ways with stories about the resumption of the good old days. The Cabal has released some of its push for deflation to open the spigots of some inflation. The PPT has been busy pumping up the stock markets. Even many commodity prices are ticking up somewhat. And the euro and foreign currencies have improved at the expense of the boosted dollar which has been moving down.
Yet, at this point, I would just suggest that this so-called boost up in the US economy is not really what the Cabal wants. I think it is a temporary response in recognition of the fact that much of the public is losing confidence in and getting mad at the Cabal fat cats. Many people are becoming informed that the banks are ripping us off. Increasingly, there are harsh comments being made from Americans about the evils of the big banks. This was unthinkable a few years ago. But the efforts of Americans to assign blame for the US economic problems have gone beyond the matter of just blaming institutions like the government and the big banks. Increasingly, fat cat bankers like the Rothschilds and Rockefellers are also being blamed.
Again, the Cabal members are not stupid. They must be aware of the possibility of a growing backlash from the American public which could get out of hand and cause them enormous problems. In any case, I think that with the G20 meeting in early April 2009 they began a new phase of ripping people off and stealing from the world; as I noted earlier in the Goldsmiths, with their plans for more prosperous nations to send $1.1 trillion to needy nations in the Third World. As I said then, I am certain that much of this $1.1 trillion will be used by the Third World states to pay off loans from the big banks.
Background on Third World Debt
Historically, the wealthy countries in North America and Europe were not in the business of loaning huge sums of money to the undeveloped Third World states. Of course, in 19th century days, the Rothschilds did encourage and promote the conquest of other countries by European and American war interests. But in the post WWII era, this practice slowed down, at least in Europe (though the US in the 21st century continues the conquest of other nations to benefit the Cabal).
By the 1970s, the plutocrats in North America and Europe began looking at other ways they could use to steal the minerals and natural resources of the Third World which is largely controlled by tin horn dictators. The path they chose was money whereby they either gave it outright or loaned it from their big banks to the Third World dictators. With this infusion of Western money, the dictators stole most of it and in return allowed the plutocratic Cabal players to come into their nations and steal everything possible.
So, while there was little debt in those poor countries to the big banks in 1970, that reality was to sharply change over the next 39 years. The only problem that the big banks faced was that throwing money into many or most of these countries was like pitching it into bottomless pits where most of the loans would never be repaid. But the big bankers are not exactly stupid. While they have understood that the Third World states would generally never pay off the loans, the bankers have often made those loans with guarantees of the US or European governments.
If the bankers could not get government backed guarantees, they have pressured the governments involved to cancel the loans by paying them off. Every year, for many years now, the US government has used foreign aide and grants to cancel various loans of the Third World to the big banks. If this process fails, for whatever reason, the fat cats arrange IMF grants to the Third World states while insisting that the US and Western governments give the needed funds to the IMF. This scam has been worked regularly and again as late as April 2009 at the G20 meeting.
This give away process makes everyone happy. The plutocrats get to steal the natural resources of the countries; the banks get their loans paid off and can therefore loan the Third World states more money; the Third World dictators get to buy Mercedes automobiles and prostitutes and/or sock much of the incoming money into personal Swiss bank accounts; the Third World countries continue in debt to the Rothschild Cabal and continue to be saddled with huge annual debt service costs in the billions; and so-called humanitarians in the West get to cry and moan for more debt cancellation to the Third World.
So while the debt load was not great in the 1970s, in the Third World, it has manifestly gone up ever since then and regardless of how many billions and trillions US and European taxpayers fork over to the Third World for foreign aide and debt cancellation.
For example, by 1990, the external debt load in the Third World was up to $1.3 trillion per the World Bank. By the year 2005, it was up to $2.5 trillion. I have tried to find later estimates of the Third World debt since 2005 but was unsuccessful. Not even the World Bank had those figures the last time I checked. I think it is safe to say that by now the debt load in those countries is at least $3-4 trillion.
So, in April, the Cabal, realizing that it had soaked Americans and Europeans for as much as possible in bail out funds, at least for the short term, chose to approve a $1.1 trillion payoff from the IMF and World Bank to the so-called Third World/undeveloped/emerging states. As I noted in the Goldsmiths and in analysis.news.com, much of this money will go to pay off some of the loans owed to the big Rothschild Cabal banks.
Of course, it goes without saying that this pay off of $1.1 trillion is only the beginning. Either directly or through more IMF grants, the US, Europe, China, Japan and other developed countries will be asked/made to fork over more huge sums of money to the Third World to pay off more of the debts owed to the big banks.
Still More Money is Needed by the Banks to Cover their Losses
The most obvious thing of all is that the trillions now given the bankers or in the pipeline to the bankers is not enough. If the Cabal banks could be faced with losses of $100 trillion, they will be asking for or demanding more money from the US, Europe and other developed states. The payments made so far are only small down payments with much of the principal still to be paid. I’m not altogether sure of what turn the Cabal will take now. But someway or somehow, more of the Western wealth will end up in the hands of the Cabal.
Possibly, the Cabal will take possession of whatever gold the West has left (much government owned gold has already been transferred to the Cabal). Other natural resources and commodities will have to be on the table—like US trees, lumber and forests; particularly in the US national forests (during the Clinton years, the US reportedly issued bonds backed with the collateral of the national forests).
And if necessary, the Cabal will bring about another war or more economic collapses to force the US into the profile of selling off remaining US assets. It’s not hard to envision that the day is coming when US aircraft carriers and submarines will be on the block for sale.
The Bottom Line
The Chinese, Japanese, Germans, etc worked for 60 years to accumulate their treasury of US IOUs (running from several hundred billion to a few trillion each--to perhaps total something near $10 trillion). Yet, in this Rothschild scheme to have the US give away $13-20 trillion directly to the big banks, and now the plans to give from $1 to 5 trillion more from the G20 states to selected countries, it means more payoff schemes will be made to the big banks. As I have already detailed in prior Goldsmiths, the big banks are not lending these funds out. Instead they are socking them away in US treasuries and other IOUs.
This means that very soon the banks will be holding unbelievably vast sums of US treasuries and IOUs. Of course, through the Fed, they already have large amounts. But if this plan keeps going forward, the individual Cabal banks could easily have at least $15 to $20 trillion or more in new US paper.
So China, with its $2 trillion in US IOUs, will find that its $2 trillion is worth almost nothing once this new $15-20 trillion is distributed to the big banks. Does the Cabal actually believe that the Chinese will sit back and allow their $2 trillion to become 1/10th the size of US treasures held by the big banks? If this ever happens, China will no longer be in a position of power over the US dollar in the world markets. The power source will be the big banks with their hoards of US dollar instruments.
Thus, the bankers will be holding five times more in US IOUs than what China has. China’s now large holdings of $1.9 trillion will eventually pale into little significance as wealth and US IOUs to the tune of $20 trillion end up in the hands of the big banks.
Based on the experience in the Western Christian states for the last 250 years, the Rothschilds have learned that Americans and Europeans are suckers to be ripped off and stolen from at every opportunity. In terms of the Germans and Japanese, their backs are against the wall. WWII and its outcome meant that the Cabal rules Germany and Japan completely. So they have no recourse.
But the situation with China is different. While the West subjugated China in the 19th century, that control ended in the 20th century. Today’s China is now a world power--both economically and militarily. And it’s doubtful that the Cabal will find the Chinese to be as stupid as the Christian West has been for the past 250 years.
When it finally sinks in on the Chinese, of how the Cabal is setting them up to find that their hoards of US dollars will soon pale into insignificance, the Chinese will take action to get something of value out of their US dollars and treasuries. At some point in time, they will start spending their US assets in earnest. Already, starting in April, reports are coming in that the Chinese are beginning to buy some gold and other commodities. My guess is that this trend will accelerate in the coming days.
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-- Posted Monday, 25 May 2009 | Digg This Article
| Source: GoldSeek.com