Banking

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The first international banking empire…was created by the Knights Templar, with their exploits during the Crusades. Martin Luther’s sixteenth-century Protestant Reformation was largely funded by the emerging merchant and banking classes of Germany who sought to wrest financial control from the Papacy. Jews moved into banking in medieval times because the Christians, due to a Biblical ban on usury, could not loan money at interest. This led to a so-called worldwide cabal of Jewish usurers, eventually culminating in the Rothschild dynasty.

Devon Jackson / <cite>Conspiranoia (quoted by Michael Tsarion)</cite>

By the beginning of the thirteenth century the Templars had become the international bankers of Europe and were appointed treasurers to the French royal family and the Vatican.

Michael Howard / <cite>Occult Conspiracy (quoted by Michael Tsarion)</cite>

The Templars were the first bankers of Europe. This occupation enabled them to control the economic destiny of the world from the eleventh century onward. In their capacity as the brokers for French princes, dukes, and kings, and for the Vatican, the Templars were able to decide the fate of any agency or individual who stood against them. As the symbolism of the great banks reveals, the Templars do indeed own the world. They have been actively using their financial muscle to buy politicians, statesmen, lawyers, judges, police chiefs, mayors, generals, intellectuals, city planners, and media icons, and to purvey all manner of addictive substances through their innumerable ale houses, taverns, and inns, while at the same time they have poisoned humanity through their pharmaceutical monopolies, organized and operated by their brethren, the Knights of St. John Hospitaler. From architecture to munitions, from ship building to space flight, there is not an organization or enterprise of significance that has not been seeded with, or guided by, their minions.

Michael Tsarion / <cite>The Irish Origins of Civilization, Volume 2</cite>

This family [House of Rothschild] began their rise to prominence in the eighteenth century, in Frankfurt-on-Main. Their family's insignia - an eagle with arrows - appears on the American one dollar bill. The symbol can be traced back to the so-called Tribe of Manasseh or, more correctly, to the Atonist Solar Cults of Egypt. A great deal of modern history can be understood when we realize that powerful noble families such as Rothschild, Sassoon, Bauer, Oppenheimer, Warburg, Mocatta, Lazard, Montagu, Goldman Sachs, and Schiff, etc, with seats in the House of Lords, with daughters and sons married into royalty, and with the lion's share of worldly wealth, are merely lieutenants for imperialists who prefer to remain in the shadows of history. The ancient Caesars of Rome were never seen in public. The modern Caesars, who truly control the world, also avoid the limelight. Their ship of state is steered by lesser hands. Even their officially endorsed biographies (such as that by Fredrick Norton) speak of their scandalous antics and business machinations.

Michael Tsarion / <cite>The Irish Origins of Civilization, Volume 2</cite>

The intimate connections between the banking families and royals of the world is no secret. However, let there be no confusion over who governs who. The official theory, that the bankers and financiers come first in the hierarchy, is the incorrect theory. It is the media friendly theory perpetually put forward to befuddle and conceal the truth.

Michael Tsarion / <cite>The Irish Origins of Civilization, Volume 2</cite>

Many Catholics are not aware of the close ties between the Vatican and the Jewish money power of the world. The Vatican has, for instance, had the closest business connections with the Rothschild dynasty, as well as with other Jewish families and financial institutions. Relations with the Rothschilds can be traced back to the 1800s.

Michael Tsarion / <cite>The Irish Origins of Civilization, Volume 2</cite>
Robert Kiyosaki / <cite>Rich Dad&#039;s Conspiracy of The Rich</cite>
Robert Kiyosaki / <cite>Rich Dad&#039;s Conspiracy of The Rich</cite>
Robert Kiyosaki / <cite>Rich Dad&#039;s Conspiracy of The Rich</cite>
Monopoly Rules / <cite></cite>

The major contributions to any candidate's campaign fund are made by men who have axes to grind - and the campaign chest is the grindstone.... The fact is that there is a serious danger of this country [United States] becoming a pluto-democracy; that is, a sham republic with the real men, who speak through their money, and whose influence, even today, radiates to every corner of the United States.

G. Edward Griffin / <cite>The Creature From Jekyll Island</cite>

The rich will strive to establish their dominion, and enslave the rest. They always did. They always will. [...] They will have the same effect here as elsewhere, if we do not, by such a government, keep them within their proper spheres. We should remember that the people never act from reason alone. The rich will take the advantage of their passions, and make these the instruments for oppressing them. The result of the contest will be a violent aristocracy, or a more violent despotism.

Governeur Morris / <cite>Letter to James Madison, July 2, 1787</cite>

The new alliance [between the monetary and political scientists] was mutually advantageous. Washington wanted to harness the new financial power to coerce foreign governments into opening their markets to American goods or adopting pro-American policies. The banks, in turn, needed levers to force debt repayment and welcomed the government's police powers in distant places. The threat of military intervention was an excellent means by which to speed loan repayment. When Kuhn, Loeb considered a loan to the Dominican Republic, backed by customs receipts, Jacob Schiff inquired of his London associate Sir Ernest Cassel, "If they do not pay, who will collect these customs duties?" Cassel replied, "Your marines and ours."

Jacques Attali / <cite>as quoted by G. Edward Griffin in The Creature From Jekyll Island</cite>

"One has only to consider," Napoleon remarked, "what loans can lead to in order to realize their danger. Therefore, I would never have anything to do with them and have always striven against them."...

[...] "Money," he declared, "has no motherland; financiers are without patriotism and without decency: their sole object is gain."

R. McNair Wilson / <cite>as quoted by G. Edward Griffin in The Creature From Jekyll Island</cite>

In Europe and America, the banks have always operated with the assumption that their partners in government will come to their aid when they get into trouble.

G. Edward Griffin / <cite>The Creature From Jekyll Island</cite>

When the banks abandoned this practice and began to issue receipts to borrowers, they became magicians. Some have said they created money out of nothing, but that is not quite true. What they did was even more amazing. They created money out of debt.

G. Edward Griffin / <cite>The Creature From Jekyll Island</cite>

A "sound" banker, alas! is not one who foresees danger, and avoids it, but one who, when he is ruined, is ruined in a conventional and orthodox way along with his fellows, so that no one can readily blame him. It is necessarily part of the business of a banker to maintain appearances, and to confess a conventional respectability, which is more than human. Life-long practices of this kind make them the most romantic and the least realistic of men.

John Maynard Keynes / <cite>as quoted by G. Edward Griffin in The Creature From Jekyll Island</cite>

But there are virtually no governments in the world today that have any savings.

G. Edward Griffin / <cite>The Creature From Jekyll Island</cite>

[...] savings-and-loan associations, banks, and other federally regulated institutions are heavy contributors to the election campaigns of those who write the regulatory laws.

G. Edward Griffin / <cite>The Creature From Jekyll Island</cite>

The president of the lending bank and the finance officer of the defaulting corporation or government will join together and approach Congress. They will explain that the borrower has exhausted his ability to service the loan and, without assistance from the federal government, there will be dire consequences for the American people. Not only will there be unemployment and hardship at home, there will be massive disruptions in the world markets. And, since we are now so dependent on those markets, our exports will drop, foreign capital will dry up, and we will suffer greatly. What is needed, they will say, is for Congress to allow him to continue to pay interest on the loan and to initiate new spending programs which will be so profitable he will soon be able to pay everyone back.

G. Edward Griffin / <cite>The Creature From Jekyll Island</cite>

Rescheduling usually means a combination of a lower interest rate and a longer period for repayment. The effect is primarily cosmetic. It reduces the monthly payment but extends the period further into the future. This makes the current burden to the borrower a little easier to carry, but it also makes repyament of the capital even more unlikely. It postpones the day of reckoning but, in the meantime, you guessed it: The loan remains as an asset, and the interest payments continue.

G. Edward Griffin / <cite>The Creature From Jekyll Island</cite>

It is important to remember that banks do not really want to have their loans repaid, except as evidence of the dependability of the borrower. They make a profit from interest on the loan, not repayment of the loan. If a loan is paid off, the bank merely has to find another borrower, and that can be an expensive nuisance. It is much better to have the existing borrower pay only the interest and never make payments on the loan itself. That process is called rolling over the debt. One of the reasons banks prefer to lend to governments is that they do not expect those loans ever to be repaid.

G. Edward Griffin / <cite>The Creature From Jekyll Island</cite>

The end result of this policy is that the banks have little motive to be cautious and are protected against the effect of their own folly. The larger the loan, the better it is, because it will produce the greatest amount of profit with the least amount of effort. A single loan to a third-world country netting hundreds of millions of dollars in annual interest is just as easy to process - if not easier - than a loan for $50,000 to a local merchant on the shopping mall. If the interest is paid, it's gravy time. If the loan defaults, the federal government will "protect the public" and, through various mechanisms described shortly, will make sure that the banks continue to receive their interest.

G. Edward Griffin / <cite>The Creature From Jekyll Island</cite>

When a borrower cannot repay and there are no assets which can be taken to compensate, the bank must write off that loan as a loss. However, since most of the money originally was created out of nothing and cost the bank nothing except bookkeeping overhead, there is little of tangible value that is actually lost. It is primarily a bookkeeping entry.

G. Edward Griffin / <cite>The Creature From Jekyll Island</cite>

If all banks could be forced to issue loans in the same ratio to their reserves as other banks did, then, regardless of how small that ratio was, the amount of checks to be cleared between them would balance in the long run. No major currency drains would ever occur. The entire banking industry might collapse under such a system, but not individual banks - at least not those that were part of the cartel. All would walk the same distance from the edge, regardless of how close it was. Under such uniformity, no individual bank could be blamed for failure to meet its obligations. The blame could be shifted, instead, tot he "economy" or "government policy" or "interest rates" or "trade deficits" or the "exchange value of the dollar" or even the "capitalist system" itself.

G. Edward Griffin / <cite>The Creature From Jekyll Island</cite>

GDP = private consumption + gross investment + government spending + (exports − imports)

Wikipedia

Very few people understand the financial control of the money priesthood. They deny the existence of such an entity and yet they must admit nearly all the gold in the world coalesed intot he American reserves as faith in other countries and their financial policies failed.

Henry Binkley Stein / <cite>The Axe Was God</cite>

Should the reader doubt such a thing as world financial control, let him examine the activities of Lombard Street. Montague Norman, former head of the Bank of England, made secret trips to America, no doubt regarding financial matters and later the British pound was "pegged". This is one of the greatest financial achievements in the world, for by that method the near worthless money of England was revived and made valuable. By that method it was possible for England to import billions of dollars worth of goods which she would have been unable to purchase were her money permitted to seek its natural level of value. So far as the writer is aware, no other country was ever granted such a privilege.

Henry Binkley Stein / <cite>The Axe Was God</cite>

While several writers have spoken of a division of powers between the rulers of money and those of religion, there is no historical evidence to the knowledge of the writer. All that is evident is that money and religion went into the dark ages together and came out separate. Rome held control in religion, London ruled money. The church even forbade interest charging. It is the belief of the author that Christianity never converted money. In all the Religious wars of the middle ages, the crusades, etc., Paganism held the money.

Henry Binkley Stein / <cite>The Axe Was God</cite>

Banking houses today simulate pagan temples in architecture as well as personnel. In early times the temple combined wealth and religion, the temples were the banks, and such a temple as formerly stood on the site of St. Paul's Cathedral was said to have been the Phoenician Temple and Banking House.

Henry Binkley Stein / <cite>The Axe Was God</cite>

I see in the near future a crisis approaching that unnerves me, and causes me to tremble for the safety of my country. Corporations have been enthroned, an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until the wealth is aggregated in a few hands and the republic is destroyed.

Abraham Lincoln

If Congress has the right under the constitution to issue paper money, it was given them to be used by themselves, not to be delegated to individuals or corporations.

Andrew Jackson

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 its issuance.

James Madison

The modern theory of the perpetuation of debt has drenched the earth with blood, and crushed its inhabitants under burdens ever accumulating. 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

Whoever controls the volume of money in our country is absolute master of all industry and commerce...when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.

President James Garfield / <cite>a couple of weeks before he was assassinated on July 2, 1881</cite>

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

Sir John Stamp / <cite>former governor of the Bank of England</cite>

...International Liberals, operating through their International Banking Houses, particularly the House of Rothschild, have financed both sides of every war and revolution since 1776.

Myron Fagan, 1960 / <cite>Illuminati and CFR Lecture</cite>

We are supposed to believe that the International Bankers of today, like the moneychangers of Christ's day, are only the fools or agents of the great conspiracy, but actually, they are the masterminds behind all of it.

Myron Fagan, 1960 / <cite>Illuminati and CFR Lecture</cite>

Most of the ‘money’ in circulation is not physical money, cash and coins. It is represented as figures passing from one computer account to another electronically via money transfers, credit cards and cheque books. The more money, electronic or otherwise, that is in circulation, the more economic activity can take place and therefore the more products are bought and sold, the more income people have, and the more jobs are available.

But a constant theme of the reptile-Aryan financial coup has been to create a boom by making lots of loans and then pull the plug. Overpaid economists and economic correspondents, most of whom have no idea what is going on, will tell you that boom and bust is part of some natural ‘economic cycle’. What claptrap. It is systematic manipulation by the Brotherhood to steal the real wealth of the world. During a boom many people get themselves into even more debt. The vibrant economic activity means that businesses borrow more for new technology to increase production to meet demand.

People borrow more to buy a bigger house and a new, more expensive car, because they are so confident about their economic future. Then, at the most opportune moment, the major bankers, coordinated by the secret society networks, raise interest rates to suppress the demand for loans and they begin to call in loans already outstanding. They ensure they make far fewer loans than before. This has the affect of taking units of exchange (money in its various forms) out of circulation. This suppresses demand for products and leads to fewer jobs because there is not enough money in circulation to generate the necessary economic activity. So people and businesses can no longer earn enough to repay their loans and they go bankrupt.

The banks then take over their real wealth, their business, home, land, car and possessions in return for non-repayment of a loan that was never more than figures typed on a screen. This has been going on in cycles over thousands of years, especially the last few centuries, and the real wealth of the world has been sucked out of the population and into the hands of those who control the banking system - the reptilian bloodlines. The same applies to countries. Instead of creating their own interest free money, governments borrow it from the private banking cartel and pay back both the interest and the capital by taxation of the people. Fantastic amounts of the money you pay in taxes go straight to the private banks to pay back loans which the governments could create themselves interest-free!! Why don’t they do it? Because the Brotherhood controls the governments as much as they control the banks.

David Icke / <cite>The Biggest Secret</cite>

It is based on creating money that doesn’t exist and lending it to people and businesses in return for interest...Money in the bank is a myth, another confidence trick. When you go into a bank and ask for a loan, the bank does not print a single new note nor mint a single new coin. It merely types the amount of the loan into your account...More than that, because money is not brought into circulation by governments, but by private banks making loans to customers, the banks control how much money is in circulation. The more loans they choose to make, the more money is in circulation. What is the difference between an economic boom (prosperity) and an economic depression (poverty)? One thing only: the amount of money in circulation. That’s all. And, through this system, the private banks, controlled by the same people, decide how much money will be in circulation. They can create booms and busts at will. The same with the stock-markets where these guys are moving trillions of dollars a day around the financial and banking markets, so deciding if they go up or down, soar or crash. Stock-market crashes don’t just happen, they are made to happen.

David Icke / <cite>The Biggest Secret</cite>

Comments (1)

edisonik: BANK HOLIDAYS ARE COMING

What is a Bank Holiday?, it is a term used by Corrupt Bankers to close all the Banks which means you will not be able to withdrawl money to feed your families or pay your Mortgages.
Supposedly bank closings will occur Nov / Dec 2010.
These Bank Closings will cause absolute havoc on the American People and their lives, stock up on food 6 months worth for your families.
Listen to Steve because he has the inside scoop and Obama is a Titanic Fraud and simply does not represent the American People.

http://www.youtube.com/watch?v=NDqcu932DQQ ( 1 of 4 )

http://www.youtube.com/watch?v=4ha8GuSHpiE ( 2 of 4 )

http://www.youtube.com/watch?v=eIzDI28af9U ( 3 of 4 )

http://www.youtube.com/watch?v=xpNRJcM1dUQ ( 4 of 4 )

Be aware of what is really going on in America!.

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