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Part IV: The Financial Coup d’Etat — The Economic Elite Vs. The People of the United States of America

February 21st, 2010 | Filed under Economy, Hot List, News, Politics & Government, War . Follow comments through RSS 2.0 feed. Click here to comment, or trackback.

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By David DeGraw, AmpedStatus Report

This is the fourth-part of a six-part report. Click on the links below to view other parts.

——-I: Casualties of Economic Terrorism, Surveying the Damage
——-II: The Rise of the Economic Elite
——-III: Exposing Our Enemy – Meet the Economic Elite
——-IV: The Financial Coup d’Etat
——-V: Overcoming the Divide and Conquer Strategy
——-VI: How to Fight Back and Win: Common Ground Issues That Must Be Won

IV: The Financial Coup d’Etat

Part IV: The Financial Coup d'Etat -- Economic Elite Vs. The PeopleAlthough most of the Economic Elite live and operate inside the US, they are not concerned for our future. To them, the entire world is theirs and they work intimately with other elites throughout the world against the interests of the US public. Ever since the days of Henry Ford, the Economic Elite have needed a thriving US middle class to increase growth and profits, but now, in the global economy, they view the US middle class as obsolete. They increasingly look globally for profits and they would rather pay cheap labor in countries like China and India. On top of the millions of jobs they have already shipped overseas to increase profits at our expense, they are planning to ship an additional 25% of current US jobs overseas as well.

They now see us as the biggest obstacle to their continued consolidation of wealth and resources. This is why they have stepped up their attack on us.

If you want further proof of this, all one needs to do is study the Wall Street bailout. The entire bailout is strategically designed to eliminate the US middle class. Every time you hear the word “bailout,” you should think “coup d’état.” Here is the definition of coup d’état:

“A coup d’état or coup for short, is the sudden unconstitutional deposition of a government, usually by a small group of the existing state establishment… to replace the deposed government with another…. A coup d’état succeeds when the usurpers establish their legitimacy if the attacked government fail to thwart them, by allowing their (strategic, tactical, political) consolidation and then receiving the deposed government’s surrender; or the acquiescence of the populace and the non-participant military forces.

Typically, a coup d’état uses the extant government’s power to assume political control of the country. In Coup d’État: A Practical Handbook, military historian Edward Luttwak says: ‘A coup consists of the infiltration of a small, but critical, segment of the state apparatus, which is then used to displace the government from its control of the remainder’, thus, armed force (either military or paramilitary) is not a defining feature of a coup d’état.”

The bailout was a financial coup, an intelligence operation to seize control of the US economy and tax system. It is similar to what the Economic Elite have done through the International Monetary Fund (IMF) in many other countries throughout the world. It is clearly a case of economic imperialism. When financial coups are carried out in other countries, they call it a Structural Adjustment Program (SAP). The end result is the theft of working class wealth, the privatization of public functions and resources, rising unemployment, the elimination of the middle class and increasing taxation and debt that turns the overwhelming majority of the nation into a peasant class. This is exactly the track we are on now.

Just look at how they have already done this in many other countries, and then look at the “bailout.”

The success of the coup is clear by the control of the US Treasury by Goldman Sachs criminal masterminds Hank Paulson and Tim Geithner, and the continued control of the Federal Reserve by Ben Bernanke.

Part IV: The Financial Coup d'Etat -- Economic Elite Vs. The PeopleIn 1970, Hank Paulson began his career in the Pentagon working for Secretary of Defense Melvin Laird. In 1972, he then moved to the White House, where he worked for the Nixon Administration. He was “the assistant to John Ehrlichman during the events of the Watergate scandal for which Ehrlichman was convicted, and sentenced to prison.” After Paulson’s disgraced exit from the political world, he joined Goldman Sachs in 1974, eventually becoming CEO in 1999 when he led an effort to force out Goldman’s previous CEO John Corzine. While leading Goldman, Paulson developed very intimate relations with members of the Chinese elite, visiting the country over 70 times.

In 2004, during his time as Chairman and CEO of Goldman Sachs, Paulson personally led a successful effort to get the SEC to remove the “net capital rule,” which was a “requirement that their brokerages hold reserve capital that limited their leverage and risk exposure.” This was the biggest reason why the economic crisis happened. With the “net capital rule” out of the way, Goldman Sachs and other major Wall Street firms with over $5 billion in assets were free to engage in high risk/high reward behavior. This led to the housing bubble with the creation of high risk speculation, essentially rigged Ponzi-style scams like “mortgage-backed securities, credit derivatives, and credit default swaps… and other exotic structured finance instruments that only highly-trained mathematicians understand, based on models that are beyond the comprehension of most traders.”

After making over $700 million on these shady high risk activities that created a ticking time bomb in our economy, Paulson left Goldman Sachs to run the US Treasury. Shortly after that, the speculative trading scams blew up, and there was the man who played the most pivotal role in causing the economy to crash now running the US Treasury and in charge of “maneuvering” trillions of dollars in national wealth to “fix” the economy. It was time for Paulson, along with his close confidant Tim Geithner, then heading the NY Federal Reserve Bank, and Federal Reserve Chairman Ben Bernanke, to engineer the greatest theft of wealth in history with the “bailout.”

Paulson quickly brought in several former Goldman Sachs partners to help him engineer the coup. A pivotal Paulson asset was former Goldman executive Dan Jester, who Paulson quickly hired as a “contractor.” As Robert E. Prasch recently reported, “Jester was never appointed by Congress or otherwise vetted before taking up his role as the Treasury’s de facto central player in the crucial decisions that marked that fall’s bailout of Wall Street.” Paulson’s most publicized move was the $700 billion Troubled Assets Relief Program (TARP). This was a blatant no-strings attached giveaway of taxpayer money, handed directly to Wall Street’s biggest players. To oversee the TARP operation, Paulson brought in Goldman Sachs Vice President Neel Kashkari.

Another egregious unilateral move by Paulson was installing Edward Liddy, one of his former board members at Goldman Sachs, as CEO of AIG. Liddy was the Chairman of Goldman’s Audit Committee, making him the most knowledgeable person regarding Goldman’s collateralized debt obligations (CDOs). Paulson knew these CDOs would go bust because they were based on fraudulent activities, essentially a massive Ponzi scheme. So Paulson and Goldman Sachs covered their risk by insuring them through AIG, making it pivotal to save AIG and have one of his most trusted allies run the company. With Liddy in place, billions of taxpayer dollars were secretly funneled by the Geithner-led NY Federal Reserve through AIG to Goldman Sachs and several other Wall Street elite counterparties. Without the AIG bailout, Goldman Sachs would have collapsed as a result of their own Ponzi scheme.

The assassinations of Goldman rivals Bear Stearns and Lehman Brothers, and the forced Bank of America acquisition of Merrill Lynch were all equally scandalous actions as well. Part IV: The Financial Coup d'Etat -- Economic Elite Vs. The PeopleThe hidden hand of the Bernanke-led Federal Reserve’s secret “black magic” tactics — which created and distributed trillions of dollars — turned Morgan Stanley and Goldman Sachs into bank holding companies overnight, which gave them access to trillions of dollars to further manipulate the market and create record setting profits.

Every step of the way, the economic terrorist organization led by Paulson, Geithner and Bernanke held our economy hostage by declaring that all their demands must be met or the entire economy would be destroyed, as a result of the very actions the players being rewarded had taken. (I don’t use the words “economic terrorists” as hyperbole. The threat posed by them and the amount of death, destruction and misery they have already caused the United States is much greater than that caused by Bin Laden and Al-Qaeda – it’s not even close.)

Through the crisis, the fundamental structure of the stock market has been proven to be a scam. The Ponzi scheme activities, outright market manipulation and massive worldwide fraud perpetrated by Goldman Sachs, JP Morgan, Morgan Stanley, Citigroup, AIG, the three major ratings agencies and several other Wall Street elite firms are blatant. Just in the housing and oil futures markets alone, the criminal activity and economic theft is in the multi-trillions.

By looking the other way, the SEC, Congress and Presidents Bush and Obama are complicit. An analysis of actions taken, or most often not taken, by the leaders of both the Republican and Democratic parties prove that they are now accomplices. They have not only let it happen; they continue to look the other way and have been stonewalling laws, investigations and prosecutions in what is clearly criminal activity.

If we had a nation of law, none of these things would have happened. This proves to anyone who cares to look that we now live in a Banana Republic. Our democracy has clearly become a farce.

The overwhelming majority of our politicians are now on the Economic Elite payroll. This financial coup started under Hank Paulson in the Bush Administration and has been carried through, without even the slightest hitch, under Geithner in the Obama Administration, and all along Ben Bernanke has been leading the Federal Reserve. Bernanke’s reconfirmation shows you who the co-conspirators are – just look at the members of Congress who voted for it.

All three branches of our government are now complicit in what is literally the greatest theft of wealth in history, along with a mainstream “news” media that keeps going about their “reporting,” as if this wasn’t a crime, business as usual. Nothing to see here…

Obama’s Role

As hard as it is for many Americans to admit, after a year in office it is now obvious, to those who study policy decisions, that Obama’s rhetoric is very far from the reality of his actions. Outside of the tough talk Obama gives concerning “Wall Street Bankers,” all evidence clearly demonstrates that he is their puppet. The list of decisions that he has made to support the Economic Elite at our expense is already extensive.

As mentioned before, the fact that the bailout started under Bush and went straight through without a hitch under Obama is proof enough. On top of this, Obama’s campaign was heavily financed by Goldman Sachs, and prior to the election Obama often spoke with Paulson. An analysis of phone records shows that Obama and Paulson engaged in 26 direct calls prior to the election. “Paulson placed more than twice as many individual outgoing calls to [candidate] Obama (14) as to President Bush (6).”

As soon as Obama was elected, he got rid of all the economic advisors he had during his campaign and replaced them with Wall Street insiders who were committed to “turning the bailout into an all-out giveaway.” He took the main players that caused the economic crisis to begin with, and put them in charge of economic policy.

Part IV: The Financial Coup d'Etat -- Economic Elite Vs. The PeopleRight from the start he appointed Tim Geithner, Paulson’s right-hand man, to run the US Treasury. Mark Patterson, a former Goldman Sachs lobbyist, then became Geithner’s Chief of Staff with the direct approval of Obama. Geithner has surrounded himself with many aides that formerly worked for Goldman Sachs, “none of whom faced Senate confirmation.” Obama also allowed Adam Storch, a Goldman Sachs VP, to become “the first chief operating officer of the Securities and Exchange Commission’s enforcement division.” Obama even “nominated Goldman Sachs executive Gary Gensler to head the Commodity Futures Trading Commission, which regulates futures markets.” Gensler was “a high-level Treasury official in a 2000,” when he helped create a “law that exempted the $58 trillion credit default swap market from oversight.” Another major player in the economic collapse was Larry Summers, who Obama quickly appointed as White House National Economic Council Director.

All of this is, in essence, the final stage of a coup d’état, with Obama now serving as their puppet.

Obama clearly has not held the thieves accountable. He has emboldened them in ways that led to record setting profits and bonuses – bonuses that are 100% a direct result of our tax money. He let them take the money, keep the money, and now he lets them continue to make even more money.

Even now, with all his new anti-Wall Street talk, his proposals are extremely misguided and weak.

Obama always deceptively frames the bailout discussion in relation to the $700 billion TARP program. He, along with the mainstream media, always seems to gloss over the fact that the bailout is much more than just the TARP program. TARP is a mere 2% of this multifaceted scam.

His proposal of a tax on Wall Street firms to get some of our tax money back is estimated to bring in $90 billion over the next ten years. That works out to $9 billion a year, compare that to the $150 billion in bonuses handed out by these same firms… just in the past year! The top Wall Street firms would no longer even exist if we didn’t bail them out. Their profits are a direct result of our tax money. If Obama is serious about getting our money back, 100% of the record-breaking bonus money that these thieves gave themselves should be going back into the tax system that it came from to pay down our national debt, lower our tax rates and create jobs.

The $150 billion in bonuses handed out this year cost you $500 of your hard-earned money. For a family of four, that’s $2000 that was taken from you and your family just this year and given directly to Wall Street bonuses. Think about that… Your personal money was taken from you and your family, and given directly to Goldman Sachs CEO Llyod Blankfein. In fact, your direct gift to Wall Street is much more than that; the $2000 your family lost was just for this year’s bonuses, much more of your money was given away in the bailout. The real size of the bailout is estimated to be $14 trillion, which works out to be $46,662 for every man, woman and child in America.

On top of being bailed out with our tax money, Goldman Sachs, which just had its most profitable quarter in its 140-year history, only paid 1% in taxes in 2008!

And now that Obama has given trillions of our dollars to Wall Street, he is all of a sudden so concerned about our national deficit. That is disgraceful! When it came to the Economic Elite he could give away trillions, but when it comes to the social infrastructure of the American public and creating job programs, we all of a sudden have to be tight with our tax money and make “painful choices.” When looking at Obama’s latest $100 billion jobs program, again, compare that to the $150 billion in bonuses. If you want to know if Obama is serious about creating jobs, just look at where he gave his big “Jobs Speech” – at the Business Roundtable affiliated Brookings Institution. Thus again, confirming where his true loyalties lie.

Obama’s sudden change of heart after the Massachusetts Senate election defeat is still more empty rhetoric. His new found support for Paul Volcker, and his proposals to bring back Glass-Steagall type laws to prevent another economic catastrophe sound great on the surface, but then you find out that Wall Street firms have already figured out ways around these proposed laws. While it would be great to have Volcker creating the rules over the Goldman Sachs-led team at the Treasury now, he is himself a former Federal Reserve Chairman who represents JP Morgan Chase interests. Jamie Dimon, current JP Morgan Chase CEO and Business Roundtable member, is considered by Obama to be a possible replacement for Geithner at the Treasury. Replacing Goldman Sachs interests with JP Morgan interests is hardly change for the 99% of Americans who have seen their interests ignored thus far. JP Morgan and Goldman Sachs are two heads of the same monster.

An analysis of the “Volcker Rules” shows you the essence of what Obama is all about. The “Volcker Rules” are just more propaganda. First off, the rules do not go far enough. Simon Johnson testified before the Senate Banking Committee and summed them up by saying: “while the principles behind these proposed rules are exactly on target… the specific rule changes would need to be much tougher if they are to have any effect.” Johnson earlier exposed the “Volcker Rules” to merely be a “marketing slogan.”

Jeff Madrick, writing for the Roosevelt Institute, rightly questioned if Obama’s economists even did their homework when putting together the rule. “What is disturbing is how poorly the Volcker rule has been thought through. When first announced, it sounded like a worthy and needed step in the right direction, and a suggestion the Obama team was waking up to reality. But I also expected more sophisticated details to come. So far, there are none… it looks like they didn’t give it much thought before announcing the plan. This is a critical error in judgment.” Even if the flawed laws make it to the Senate floor, the Banking Committee has come out strongly against them as being too little, too late. To sum this all up, this is another case of Obama trying to make it look like he’s doing something, when in reality, he isn’t doing anything.

This is similar to Obama’s $75 billion taxpayer funded foreclosure-prevention program that has been a spectacular failure in stemming the foreclosure crisis. The Obama Administration knew the program wasn’t working from the start, but they just sat back and let it continue to fail, wasting billions of taxpayer dollars in the process.

Even Neil Barofsky, the special inspector general for the TARP program, said the following in his January 30th report to Congress: “It is hard to see how any of the fundamental problems in the [financial] system have been addressed to date…. Even if TARP saved our financial system from driving off a cliff back in 2008, absent meaningful reform, we are still driving on the same winding mountain road, but this time in a faster car.” Now that the “Too Big to Fail” Wall Street elite know that the government will come in to bail them out, they are engaging in even riskier behavior than before.

Buy the Book: The Economic Elite Vs. The People of the United States of AmericaAs President Theodore Roosevelt once declared in a situation much like our current crisis, “Corporation cunning has developed faster than the law of nation or state. Corporations have found ways to steal long before we have found that they were susceptible to punishment for theft. But sooner or later, unless there is a season of readjustment, there will come a riotous, wicked, murderous day of atonement…. These fools on Wall Street think that they can go on forever! They can’t!”

It is hard to face the fact that we have been so taken advantage of and abandoned by the very people we supported and had put our hope and faith into. Americans need to understand that Obama, along with most of the Democrats and Republicans are not looking out for our best interests.

Part V: “Overcoming the Divide and Conquer Strategy” will be posted on Tuesday. To be notified via email, subscribe to our newsletter here.

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  1. Brad said:

    I just opened my RSS reader and saw this new post pop up – my adrenaline began to rush. Now after reading this I’m all AMPED UP!

    Every time you post a new piece I get this high… all of this is obviously horribly bad news… but to read the truth that comes pouring out of these reports is the most exciting thing I’ve witnessed in a long time. I feel like the wall is coming down.

    David, you are exposing/taking down Goliath! One (post) stone at a time!

    I just ordered 3 copies of the book (all I can afford right now) and will spread this info around.

    THANK YOU!!!!!!!!!!!!!

  2. Bumblebye said:

    These guys are not an “economic elite”, they and their previous incarnations are the framers of the “New World Order” that the first Bush proclaimed. He clarified the meaning of this on the eve of his son’s Selection as:

    The business of government is Business.

    Everything that happened during that awful eight years proved this and consolidated their control of the political machine. Not just in the USA, as other “democratic” govenments around the world found they too were mere subsidiaries subject to their ultimate control.

    You write of a recent “coup d’etat”, but I would argue it took place in 2000, and would call it the Kovert Korporate Koup. Their philosophies and beliefs are totalitarian in nature – now that “Capitalism” has defeated “Communism”, they intend to defeat Democracy. Their ideal would appear to be to replace it with something that looks a lot like the current Chinese regime, which has morphed into totalitarian capitalism itself. The Chinese populace are expendable fodder to create wealth for the few. A degree of seldom punished corruption at the lower levels allows the machine to run smoothly in the interests of the wealthy.

    They are thugs working in their own interests, determined to crush or pervert the will of the people, therefore they are “Wealth Supremacists”, practising divide and rule tactics with great efficacy among people who don’t have the time or inclination to try to understand, nor the means to fight back against what is happening. Sleight of hand and misdirection serve them well, as they become entrenched. It is a Kovert Korporate Koup.

  3. Jill said:

    Way to undress the Emperor! “These fools on Wall Street” are heading for a day of reckoning.

  4. [...] via Part IV: The Financial Coup d’Etat — The Economic Elite Vs. The People of the United States of A… [...]

  5. slip mahoney said:

    Thank you for these cogent pieces. We’d be interested to know more about (among other things) the substance of Paulson’s 70 (!) trips to China. If we knew that (and, perhaps, the history of dealings with China beginning with the lead-up to Nixon’s “opening”), we might have a better sense of who answers to whom. Also of tremendous interest would be what those who advised Obama on economic matters during the campaign have to say about their ouster before Obama took office. Thanks again.

  6. Eric Schwing said:

    Can we call it corporate fascism? linked to criminal Empire…..where street thugs are not needed, nor a full fledged Police state for Capital, because, unlike Germany in the 30′s, there was at least two working class parties, albeit deformed, putting up resistance to class nationalism and imperial aggressive wars.

    Here in America there are no working class parties and a failure to promote massive resistance to this class tyranny, the object of Fascism, to smash the working/middle classs, where so far there is only a whimper, and appeasement by many liberals, of Obama’s criminal wars of aggression and Wall street thuggery.

  7. dmay1 said:

    Once again, I was floored with the information on the Economic Elite. Certainly America’s Middle Class has be taken, and has a job to get back what is rightfully theirs.

  8. Nakis said:

    Excellent article David.
    But all of this is nothing new. Just the sophistication. Just their gall has risen to greater heights.

    And the thing is they need us. We do not need them. We could live well without their kind but we are indespensible to them. Sure they are looking more to the world peoples now than the American people but if we act in solidarity we can make a difference. Hence what makes media and election reform so necessary to the cause of the people.

  9. Tim said:

    “Every step of the way, the economic terrorist organization led by Paulson, Geithner and Bernanke held our economy hostage by declaring that all their demands must be met or the entire economy would be destroyed…”

    MANY intelligent and knowledgeable people believe this to be the case.

    Yes, these people fuc#ed up in the most criminal way.

    But suppose it were true that the whole entire economy would crumble if it weren’t for this bailout?

    PROVE to me that the bailout wasn’t necessary, and further damage would not have been done if we did NOT bail out the banks.

    PROVE to me that “Main Street” people would not have been hit harder if we DIDN’T bail out Wall Street.

    SHOW me that this truely wasn’t a necessity to avoid a further and much larger disaster.

  10. [...] via Part IV: The Financial Coup d’Etat — The Economic Elite Vs. The People of the United States of A…. [...]

  11. rmayo said:

    Roosevelt: “These fools on Wall Street think they can go on forever! They can’t!”

    1. They obviously can.

    2. They are obviously not fools.

  12. [...] Part IV: The Financial Coup d’Etat — The Economic Elite Vs. The People of the United States of A… [...]

  13. [...] Part IV: The Financial Coup d’Etat — The Economic Elite Vs. The People of the United States of A… [...]

  14. [...] Part IV: The Financial Coup d’Etat — The Economic Elite Vs. The People of the United States of A… [...]

  15. Amanda said:

    This is the most concise and devastating report I have read yet on the destruction of our economy by these “economic terrorists”.

    Thank you for these reports. You are presenting a clear and accurate picture of what is a very complex and confusing situation. The ability to connect all these dots is what we need!

  16. Tim's Confused said:

    Tim,

    You are so painfully confused! The bailout was needed to save the economy because of the massive Ponzi scheme people like Paulson, Rubin, Greenspan, Bernanke, Summers, Blankfein, etc. turned it into. Giving all our money to the people who destroyed the economy in the first place was definitely NOT the right thing to do!

    How can you logically think that? Do you work for Goldman Sachs?

  17. Polar said:

    HOLY SHHHHHHIT! Mr. DeGraw, You are blowing up the fucking myth in these reports!!!

    I LOVE IT!

    Goliath just took one on the chin! POW! :)

  18. [...] The Financial Coup d’Etat. By David DeGraw 2010 February 23 by kanan48 Via: Amped Status. [...]

  19. [...] Part IV: The Financial Coup d’Etat — The Economic Elite Vs. The People of the United States of A… [...]

  20. [...] to the A Second Look RSS feed for updates.Powered by WP Greet Box WordPress PluginRe:  Part IV: The Financial Coup d’Etat — The Economic Elite Vs. The People of the United States of A…, By David DeGraw, AmpedStatus Report, Posted on Sunday, February 21st, [...]

  21. [...] to the A Second Look RSS feed for updates.Powered by WP Greet Box WordPress PluginRe:  Part IV: The Financial Coup d’Etat — The Economic Elite Vs. The People of the United States of A…, By David DeGraw, AmpedStatus Report, Posted on Sunday, February 21st, [...]

  22. Tim said:

    To the person who commented as “Tim’s confused”:

    I KNOW they screwed everything up – but you STILL haven’t proven or shown to me that this economic disaster (for EVERYBODY, not just Wall Street) would NOT have been ASTRONOMICALLY larger if we did not “bail” them out.

    Economists who I would NOT consider ignorant agree that the bailout prevented REAL disaster.

    I wish there were a way to show you bailout nay-sayers what this country would have looked like without the bailout, but unfortunately there isn’t without everybody else suffering with you.

    Having said all that, I ACKNOWLEDGE that a lot of the things done at the top of business and of our government ARE NOT done in the interest of all Americans.

  23. [...] Part IV: The Financial Coup d’Etat — The Economic Elite Vs. The People of the United States of A… Just look at how they have already done this in many other countries, and then look at the “bailout.” [...]

  24. 7Towers said:

    Tim ,
    Would you give a kilo of Heroin to an individual with an ongoing 20 year heroin habbit who denies any addiction despite resulting carnage due to said habit , remorse for others harmed in lip service only while actions for the last 20 years show motivation of intent clearly proving loyalties are not to the american people.

    Addiction is the name of this game Corruption of power so complete its sole aim becomes the protection of its reign sacrificing integrity to such a degree that Life becomes unsustainable and the ensuing state of insanity is clearly incapable of recognising this. Money can supply endless distractions of a myriad of addictions as well as the power to circumvent resulting consequences .
    Without integrity, accountability meaningless, reason operates devoid of humaness .

  25. [...] Part IV: The Financial Coup d’Etat — The Economic Elite Vs. The People of the United States of A… [...]

  26. [...] ——-I: Casualties of Economic Terrorism, Surveying the Damage ——-II: The Rise of the Economic Elite ——-III: Exposing Our Enemy – Meet the Economic Elite ——-IV: The Financial Coup d’Etat [...]

  27. [...] Rise of the Economic Elite ——-III: Exposing Our Enemy – Meet the Economic Elite ——-IV: The Financial Coup d’Etat ——-V: Overcoming the Divide and Conquer Strategy ——-VI: How to Fight Back and Win: Common [...]

  28. Voir Dire said:

    Shortly after Obama’s fateful election, though it didn’t really matter which of the two chosen Marxists/New World Order puppets outside of the truly honorable Ron Paul (who doubtless would have been assassinated by the Money Masters if he’d been successful) as NOONE reaches Congress or the Presidency without their Kosher seal-of-approval, God’s “Chosen” were boasting in typical fashion that it was ALL fellow vampires being considered for the critical role of safeguarding the nation’s purse as Treasury Secretary (I would laugh but for crying) and the grueling task of “having to deal with the global financial crisis.”

    Straight from the Vampires’ mouths (as always… in publications intended for THEIR eyes only – in this case, “The Jewish Chronicle.”) Emphasis mine:

    “The Jews set to play a central role in Obama’s administration”

    “ALL OF THE MAIN CANDIDATES for the crucial job of Treasury Secretary, the man who will have to deal with the global financial crisis, ARE JEWISH. They include Robert Rubin and Larry Summers, who both held the job in the Clinton Administration, former president of the Federal Reserve Paul Volcker, president of the Federal Reserve Bank of New York Tim Geithner and even New York Mayor Michael Bloomberg, who is mentioned as an outside candidate.”

    http://www.thejc.com/news/world-special-reports/analysis-the-american-election

  29. [...] ——-IV: The Financial Coup d’Etat ——-V: Overcoming the Divide and Conquer Strategy ——-VI: How to Fight Back and Win: Common Ground Issues That Must Be Won Tagged with: American Bankers Association, American Express, Axis of Greed, Bank of America, Bechtel, Ben Bernanke, Blackrock, Boeing, Business Council, Business Roundtable, Chamber of Commerce, Citigroup, clear and present danger, covert powers, de facto world government, Dow Chemical, DuPont, economic elite, Eli Lilly, Exxon, Goldmann Sachs, ideology of exploitation, IMF, JPMorgan Chase, Microsoft, Pfizer, private military, SAIC, State Farm, stealth company, Timothy Geithner, world bank, WTO [...]

  30. Lili said:

    The events in September 2008 were a wake up call for me and I am alarmed about the things I have found out since then. I’m not sure, however, how much of the evil is really premeditated and how much of it is simply a result of our monetary system, which actually needs debt to exist. There is a great animation movie called “Money as Debt” which explains the origins of our current monetary system very well:

    http://www.youtube.com/watch?v=NXZmzm2PLB4&feature=PlayList&p=57A21480709491EE&index=0&playnext=1

    We must understand that we are stuck in a monetary system that perpetuates itself through a growing debt and will lead to even more, even bigger bailouts in the future, unless we stand together and demand a new way of doing things. This is also a topic in the followup animation “Money as Debt II – Promises unleashed”:

    http://www.youtube.com/watch?v=sHkPhc1zxCE&playnext_from=TL&videos=g9XKEzDL3F0&playnext=1

  31. [...] II: The Rise of the Economic Elite Part III: Exposing Our Enemy – Meet the Economic Elite Part IV: The Financial Coup d’Etat Part V: Overcoming the Divide and Conquer Strategy Part VI: How to Fight Back and Win: Common [...]

  32. [...] the Damage II: The Rise of the Economic Elite III: Exposing Our Enemy: Meet the Economic Elite IV: The Financial Coup d’Etat V: Overcoming the Divide and Conquer Strategy VI: How to Fight Back and Win: Common Ground Issues [...]

  33. [...] The Financial Coup d’Etat [...]

  34. [...] The Financial Coup d’Etat [...]

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