-- Posted Friday, 11 February 2011 | | Source: GoldSeek.com
By R. D. Bradshaw
The World Socialist Network had a report on the epitome of corruption—Dictator Robert Mugabe of Zimbabwe. The story of early Jan 2011 was by Ann Talbot and it was entitled Cables reveal how US and UK sought to plunder Zimbabwe’s resources.
The article said: “The US diplomatic cables published by WikiLeaks contain revealing details of how the United States and Britain sought to further their commercial interests in Zimbabwe.” Here, let me pause to briefly note that the commercial interests of the United States and Britain have been synonymous for years now with the interests of the Rothschild Cabal masters (the Rothschilds, Warburgs, Oppenheimers, Roggenfelders, Lamberts, Aguis’, Lazards, Bronfmans, etc). So when we are talking about US and British money interests--in the vein of big business, profits, gain, commercialism, etc--we are talking about the Cabal masters snakes who have ruled our nations for many years now.
But returning to Mugabe, the Zimbabwe backdrop noted an inflation rate of a reported 40 million percent in a country devastated by unemployment, poverty and hunger. The article added: “A country that had once been among the richest in Africa (under White rule, ed), with an effective health service and educational system, had slipped to the lowest point in the UN Human Development Report for 2010 (under Black rule, ed). In 2006, life expectancy was the lowest in the world at only 34 years for women and 37 for men, according to the World Health Organisation.” Since then, there has been some improvement, and life expectancy now averages 47 years. But in 2010, UNICEF estimated that one third of Zimbabwe children were at risk of dying as a result of malnutrition.
The cables reportedly track this tragedy through the eyes of American diplomats, whose main concern was always for the profits to be made from Zimbabwe’s natural resources. The story charted the efforts of US, British and European diplomats, often working through the UN, to establish a regime that will open up the country to international investment. As the article suggested, this was a tragedy largely manufactured by the international financial institutions that Washington sponsors.
When the International Monetary Fund (IMF) attempted to impose a structural adjustment program in Zimbabwe, at the end of the 1990s, Mugabe broke from it because he believed that it would mean dismantling the system of patronage on which he depended to remain in power. Per Mugabe, “Let that monstrous creature get out of our way.” He then attempted to find other sources of international finance. The story said that he has succeeded in remaining in power by enriching the clique around him at the expense of the majority of the population. After 10 years, the IMF is back in Zimbabwe—pushing a program of reforms that will address what they refer to as “labour market rigidities” and establish secure property rights for foreign investors.
Mugabe’s bid to go it alone failed. As the article had it, the cables that WikiLeaks published revealed that throughout this decade the US was prepared for an accommodation with Mugabe and ensured him a lucrative retirement. They noted the human rights abuses that he committed, but showed no desire to pursue justice in his case. They treated the process of regime change without reference to the people. Per the article, creating a new dictator in Africa is all in a day’s work for the US diplomatic corps.
Mugabe has used everything possible to remain in power. But, per the story, he is still ultimately subordinate to the dictates of the world market and international financial institutions that were designed with American interests in mind; and which may be coming into play soon in Zimbabwe.
Of course, the United States works for the best interests of its real masters and bosses—the Rothschild banking Cabal—Rothschild, Oppenheimer, Lazard, Warburg, Roggenfelder, Agius, Lambert, Bronfman, etc. So apparently, Mugabe didn’t play on the Rothschild team and Zimbabwe suffered. Now, the IMF is moving in on Zimbabwe to presumably make sure that the Rothschild team rules there like in other parts of the world. If Dictator Mugabe would just play on the Rothschild team, he would get billions in US aid which he could steal, as will be covered next below.
Another Dictator in Africa
Given the above background on Dictator Robert Mugabe, let us turn to another hypothetical, but very common and real world, president for life--Bongo in Bongoland in Black Africa.
Dictator Bongo gets money from the Rothschilds, mainly through US foreign aid. Bongo gives concessions on his mineral resources to the Rothschild Cabal in exchange for US aid money. Bongo then steals the foreign aid and socks it away in Mercedes cars, girls and secret Swiss bank accounts. Yet, the people in Bongoland are in stark poverty and starvation while their president for life and his ministers and cabinet members are enjoying the good life. And in the evening, this entourage of crooks can sit down to a big feast of one of the local Christian missionaries who may have displeased Bongo (yes, cannibalism is still practiced today in many places in Black Africa). Historically, Christian missionaries have been quite a delicacy in Africa. So it seems highly plausible that president for life Bongo enjoys a Christian missionary meal on occasion.
And if you think cannibalism is impossible in modern Africa, you don’t know what is going on in the real world. I can refer you to numerous articles and stories on modern cannibalism in Africa. Google had 510,000 results on cannibalism and Africa. See Wikipedia; article by Lewis Cotlow on Here be Cannibals, Recent Cannibalism in the African Congo, at www.heretrical.com; a Mar 26, 2004 article from the London Independent on The Truth about Cannibals in the Congo Africa, World; a BBC report of Jan 15, 2003; Youtube of Mar 6, 2008 on Cannibalism in Sub Saharan Africa; etc.
Of course, with the big pay off in foreign aid to dictators like Bongo, from the gullible American taxpayers, complements of the Rothschilds, the Rothschild Cabal gets to steal the mineral resources of Bongoland. In this context, it’s too bad that the Africans end up eating Christian missionaries when instead they should be eating the super rich bankers who are stealing US money and Bongoland’s natural resources. But that’s the way the game is played.
Right now, aluminum is big (along with strontium and barium) to support the huge spraying of chem-trails world wide (another program designed to further enrich the Rothschild Cabal). The Rothschilds seem to be big investors in aluminum; so it is logical that the world’s puppet politicians would be spraying aluminum all over the skies in chem-trails. To support the aluminum spraying program, the Rothschilds are in need of a steady supply of it. And since countries like Bongoland have a huge supply of aluminum, it can be turned over to the Rothschilds if the right pay offs and bribes are made to Bongo.
This backdrop is the reason why the United States has sent multiplied $trillions to nations around the world for the last 66 years—to benefit the geo political and economic aims of America’s real bosses, the Rothschild banking Cabal. And that is the reason why we sent Dictator Mubarak, in Egypt, $billions for 30 years, all the while the US supposedly didn’t approve of dictators (of which, Mubarak personally stole a reported $70 billion and stashed it away in secret bank accounts). Now Mubarak is on the way out. And what is the US doing? Why, we are lining up some new bosses in Egypt who too can hopefully be bribed and paid off with US money to support the Rothschild Cabal wishes in the Middle East. While the US government does not have money for US infrastructure or for the American people, the US politicians always are able to find money to support the Rothschild’s global quest for profits and gain.
While the American politicians regularly and willfully vote out foreign aid demands/requests from the Rothschild Cabal (to particularly include Rothschild cousin Roggenfelder/Rockefeller in the US, who is usually busy trying to line up oil concessions worldwide to support his Standard Oil empire), there are limits increasingly on how much foreign aid the crooked US politicians are able to dole out to the Cabal master snakes. So, on occasion, there is not enough US money to send more $billions to Bongoland.
Thereupon, the master crook Rothschild (or Roggenfelder in the US) may have to work out some other solution to pay off and bribe Bongo. In this instance, Rothschild or Roggenfelder may have their racial cousin, Jamie Dimon at JP Morgan Chase, make a loan to Bongoland so Bongo can steal the money and the Rothschild Cabal can steal the mineral resources in Bongoland. This way, everybody can be happy.
Loan Guarantees
But the Cabal people--like Rothschild, Roggenfelder and Dimon--are not exactly stupid. They perfectly well know that any loans to Bongoland will never be repaid. Since these Cabal bosses know the real world, they have a little procedure available whereby they can transfer these bad loans to the gullible American taxpayers who never say no to the Rothschild Cabal master thieves. The American taxpayers love to pay out money to support the global profit objectives of the Rothschild Cabal.
In this instance, the process this gang of crooks uses is called US government loan guarantees (often thru the US Export-Import Bank). As it works out, the US executive branch usually seems to have the power to make loan guarantees without restrictions or limitations. And the US president and his subordinates do so regularly and for all kinds of things. Recently, the news sources were alive with stories about mortgage loan guarantees. And the beauty here is that the Congress does not have to appropriate money for these loan guarantees.
In recent years, I wrote a letter to Idaho US Senator Larry Craig seeking information on the total loan guarantees by the US government. He was unable to come up with the totals. He didn’t know and could not find any US sources that was keeping that type of information. I have since tried several internet searches and have failed to find that information. Apparently, no one keeps track of it in the US government; although admittedly various agencies may have some feel for their own agency—like HUD, SBA, USAID, DOE, DOD, DVA, State, Ex-Im Bank, etc.
US Debt
So, here is probably the place to take a hard look at the US debt in place since the Federal Reserve System came into play in 1913. While the official national US debt is alleged to be about $14.2 trillion, a number of analysts have calculated the real national debt at $202 trillion when addressed with unfunded liabilities (per Feb 2011, DailyBail.com).
Additionally, www.themonticellogroup.com had an article on A Brief History of the Modern American Mortgage Market & Today’s Financial Crisis by Alan F. Fowler, Sheila Dhillon and Brain Handal. Dated Sep 22, 2008, it put the total of US home mortgages at $12 trillion with some $5 trillion in Fannie Mae and Freddie Mac. Most or much of this debt has been or will end up being US national debt at the Federal level with the way things are moving. So this is another big mountain of debt to content with.
Because of the problems in reporting and identifying all of the debt, these figures are assuredly understated. Too, they do not include all the political sub-divisions of the United States; nor do they really address business debt (they also do not take note of bank deposits/accounts/stocks which can become US indebtedness when in the hands of foreigners).
Too, for purposes of this discussion, the calculation does not include the huge US liability for outstanding loan guarantees--both in the US and abroad (which was pegged at $70 trillion in 2002--Apr 8, 2002, “American Free Press,” p. B4-5). This could, in 2011, easily mean another potential liability of $100 trillion or more. If America ever has to start paying off on these loan guarantees, the debt will explode into unfathomable levels. And this could easily happen in a dollar meltdown.
Goldsmiths 105 discussed the loan guarantee program in the real estate market. The US government has been guaranteeing loans for years—like student loans, energy, SBA, VA and many FHA loans. Many loans to third world countries carry US government guarantees, like in the above situation in Bongoland.
And increasingly, the US government is switching to loan guarantees in particularly real estate mortgages, more bank loans to foreign nations, and all kinds of other things. Rather than outright spending money directly in expenditures, gifts, bail-outs, etc, loan guarantees don’t require congressional appropriations. Thus, the government never says no to the Rothschild Cabal banks on loan guarantees.
So now, the US is guaranteeing thousands of real estate mortgages and bank loans to third world states. If they falter, the US will have to pay. Thus, there is now a push for the US to give foreign aid to third world nations to allow them to pay off some of their bad loans to the banks. The latest move is to allow the IMF to get funds from richer nations around the world to also pay off bad loans in poor third world countries--or alternatively, the US will have to pick the tab up directly.
The Bottom Line
The essence of this Goldsmiths is that the world is setting on perhaps 100 trillions of dollars or more in US loan guarantees which could easily go down the tubes in a big dollar melt down. When will this happen? Maybe this year; or perhaps at the latest next year.
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-- Posted Friday, 11 February 2011 | Digg This Article
| Source: GoldSeek.com
