Bankers are Behind the Wars

All Wars Are Bankers’ Wars

Former managing director of Goldman Sachs – and head of the international analytics group at Bear Stearns in London (Nomi Prins) -  notes:

Throughout the century that I examined, which began with the Panic of 1907 … what I found by accessing the archives of each president is that through many events and periods, particular bankers were in constant communication [with the White House] — not just about financial and economic policy, and by extension trade policy, but also about aspects of World War I, or World War II, or the Cold War, in terms of the expansion that America was undergoing as a superpower in the world, politically, buoyed by the financial expansion of the banking community.

***

In the beginning of World War I, Woodrow Wilson had adopted initially a policy of neutrality. But the Morgan Bank, which was the most powerful bank at the time, and which wound up funding over 75 percent of the financing for the allied forces during World War I … pushed Wilson out of neutrality sooner than he might have done, because of their desire to be involved on one side of the war.

Now, on the other side of that war, for example, was the National City Bank, which, though they worked with Morgan in financing the French and the British, they also didn’t have a problem working with financing some things on the German side, as did Chase

When Eisenhower became president … the U.S. was undergoing this expansion by providing, under his doctrine, military aid and support to countries [under] the so-called threat of being taken over by communism … What bankers did was they opened up hubs, in areas such as Cuba, in areas such as Beirut and Lebanon, where the U.S. also wanted to gain a stronghold in their Cold War fight against the Soviet Union. And so the juxtaposition of finance and foreign policy were very much aligned.

So in the ‘70s, it became less aligned, because though America was pursuing foreign policy initiatives in terms of expansion, the bankers found oil, and they made an extreme effort to activate relationships in the Middle East, that then the U.S. government followed. For example, in Saudi Arabia and so forth, they get access to oil money, and then recycle it into Latin American debt and other forms of lending throughout the globe. So that situation led the U.S. government.

Indeed, JP Morgan also purchased control over America’s leading 25 newspapers in order to propagandize US public opinion in favor of US entry into World War 1.

And many big banks did, in fact, fund the Nazis.

The BBC reported in 1998:

Barclays Bank has agreed to pay $3.6m to Jews whose assets were seized from French branches of the British-based bank during World War II.

***

Chase Manhattan Bank, which has acknowledged seizing about 100 accounts held by Jews in its Paris branch during World War II ….”Recently unclassified reports from the US Treasury about the activities of Chase in Paris in the 1940s indicate that the local branch worked “in close collaboration with the German authorities” in freezing Jewish assets.

The New York Daily News noted the same year:

The relationship between Chase and the Nazis apparently was so cozy that Carlos Niedermann, the Chase branch chief in Paris, wrote his supervisor in Manhattan that the bank enjoyed “very special esteem” with top German officials and “a rapid expansion of deposits,” according to Newsweek.

Niedermann’s letter was written in May 1942 five months after the Japanese bombed Pearl Harbor and the U.S. also went to war with Germany.

The BBC reported in 1999:

A French government commission, investigating the seizure of Jewish bank accounts during the Second World War, says five American banks Chase Manhattan, J.P Morgan, Guaranty Trust Co. of New York, Bank of the City of New York and American Express had taken part.

It says their Paris branches handed over to the Nazi occupiers about one-hundred such accounts.

One of Britain’s main newspapers – the Guardian – reported in 2004:

George Bush’s grandfather [and George H.W. Bush's father], the late US senator Prescott Bush, was a director and shareholder of companies that profited from their involvement with the financial backers of Nazi Germany.

The Guardian has obtained confirmation from newly discovered files in the US National Archives that a firm of which Prescott Bush was a director was involved with the financial architects of Nazism.

His business dealings … continued until his company’s assets were seized in 1942 under the Trading with the Enemy Act

***

The documents reveal that the firm he worked for, Brown Brothers Harriman (BBH), acted as a US base for the German industrialist, Fritz Thyssen, who helped finance Hitler in the 1930s before falling out with him at the end of the decade. The Guardian has seen evidence that shows Bush was the director of the New York-based Union Banking Corporation (UBC) that represented Thyssen’s US interests and he continued to work for the bank after America entered the war.

***

Bush was a founding member of the bank [UBC] … The bank was set up by Harriman and Bush’s father-in-law to provide a US bank for the Thyssens, Germany’s most powerful industrial family.

***

By the late 1930s, Brown Brothers Harriman, which claimed to be the world’s largest private investment bank, and UBC had bought and shipped millions of dollars of gold, fuel, steel, coal and US treasury bonds to Germany, both feeding and financing Hitler’s build-up to war.

Between 1931 and 1933 UBC bought more than $8m worth of gold, of which $3m was shipped abroad. According to documents seen by the Guardian, after UBC was set up it transferred $2m to BBH accounts and between 1924 and 1940 the assets of UBC hovered around $3m, dropping to $1m only on a few occasions.

***

UBC was caught red-handed operating a American shell company for the Thyssen family eight months after America had entered the war and that this was the bank that had partly financed Hitler’s rise to power.

Indeed, banks often finance both sides of wars:


(The San Francisco Chronicle also documents that leading financiers Rockefeller, Carnegie and Harriman also funded Nazi eugenics programs … but that’s a story for another day.)

After all, wars are the fastest way for banks to create more debt … and therefore to make more profit.  No wonder they love war.

The Federal Reserve and other central banks also help to start wars by financing them.  Thomas Jefferson and the father of free market capitalism, Adam Smith, both noted that the financing wars by banks led to more – and longer – wars.

And America apparently considers economic rivalry to be a basis for war, and is using the military to contain China’s growing economic influence.

Multi-billionaire investor Hugo Salinas Price says:

What happened to [Libya's] Mr. Gaddafi, many speculate the real reason he was ousted was that he was planning an all-African currency for conducting trade. The same thing happened to him that happened to Saddam because the US doesn’t want any solid competing currency out there vs the dollar. You know Gaddafi was talking about a gold dinar.

Senior CNBC editor John Carney noted:

Is this the first time a revolutionary group has created a central bank while it is still in the midst of fighting the entrenched political power? It certainly seems to indicate how extraordinarily powerful central bankers have become in our era.

Robert Wenzel of Economic Policy Journal thinks the central banking initiative reveals that foreign powers may have a strong influence over the rebels.

This suggests we have a bit more than a ragtag bunch of rebels running around and that there are some pretty sophisticated influences. “I have never before heard of a central bank being created in just a matter of weeks out of a popular uprising,” Wenzel writes.

Indeed, many claim that recent wars have really been about bringing all countries into the fold of Western central banking, and that the wars against Middle Eastern countries are really about forcing them into the dollar and private central banking.

The most decorated American military man in history said that war is a racket, and noted:

Let us not forget the bankers who financed the great war. If anyone had the cream of the profits it was the bankers.

The big banks have also been laundering money for terrorists. The big bank employee who blew the whistle on the banks’ money laundering for terrorists and drug cartels says that the giant bank is still aiding terrorists, saying:

The public needs to know that money is still being funneled through HSBC to directly buy guns and bullets to kill our soldiers …. Banks financing … terrorists affects every single American.

He also said:

It is disgusting that our banks are STILL financing terror on 9/11 2013.

And see this.

According to the BBC and other sources, Prescott Bush, JP Morgan and other leading financiers also funded a coup against President Franklin Roosevelt in an attempt – basically – to implement fascism in the U.S. See this, this, this and this.

Kevin Zeese writes:

Americans are recognizing the link between the military-industrial complex and the Wall Street oligarchs—a connection that goes back to the beginning of the modern U.S. empire. Banks have always profited from war because the debt created by banks results in ongoing war profit for big finance; and because wars have been used to open countries to U.S. corporate and banking interests. Secretary of State, William Jennings Bryan wrote: “the large banking interests were deeply interested in the world war because of the wide opportunities for large profits.”

Many historians now recognize that a hidden history for U.S. entry into World War I was to protect U.S. investors. U.S. commercial interests had invested heavily in European allies before the war: “By 1915, American neutrality was being criticized as bankers and merchants began to loan money and offer credits to the warring parties, although the Central Powers received far less. Between 1915 and April 1917, the Allies received 85 times the amount loaned to Germany.” The total dollars loaned to all Allied borrowers during this period was $2,581,300,000. The bankers saw that if Germany won, their loans to European allies would not be repaid. The leading U.S. banker of the era, J.P. Morgan and his associates did everything they could to push the United States into the war on the side of England and France. Morgan said: “We agreed that we should do all that was lawfully in our power to help the Allies win the war as soon as possible.” President Woodrow Wilson, who campaigned saying he would keep the United States out of war, seems to have entered the war to protect U.S. banks’ investments in Europe.

The most decorated Marine in history, Smedley Butler, described fighting for U.S. banks in many of the wars he fought in. He said: “I spent 33 years and four months in active military service and during that period I spent most of my time as a high-class muscle man for Big Business, for Wall Street and the bankers. In short, I was a racketeer, a gangster for capitalism. I helped make Mexico and especially Tampico safe for American oil interests in 1914. I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenues in. I helped in the raping of half a dozen Central American republics for the benefit of Wall Street. I helped purify Nicaragua for the International Banking House of Brown Brothers in 1902-1912. I brought light to the Dominican Republic for the American sugar interests in 1916. I helped make Honduras right for the American fruit companies in 1903. In China in 1927 I helped see to it that Standard Oil went on its way unmolested. Looking back on it, I might have given Al Capone a few hints. The best he could do was to operate his racket in three districts. I operated on three continents.”

In Confessions of an Economic Hit Man, John Perkins describes how World Bank and IMF loans are used to generate profits for U.S. business and saddle countries with huge debts that allow the United States to control them. It is not surprising that former civilian military leaders like Robert McNamara and Paul Wolfowitz went on to head the World Bank. These nations’ debt to international banks ensures they are controlled by the United States, which pressures them into joining the “coalition of the willing” that helped invade Iraq or allowing U.S. military bases on their land. If countries refuse to “honor” their debts, the CIA or Department of Defense enforces U.S. political will through coups or military action.

***

More and more people are indeed seeing the connection between corporate banksterism and militarism ….

Indeed, all wars are bankers’ wars.

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  • http://blogdredd.blogspot.com/ Dredd Blog

    The military warmongers seem to be involved in wars too.

    • Woodshedding

      The large majority of them are brainwashed into thinking participation is an honorable thing.

  • NadePaulKuciGravMcKi

    http://vimeo.com/83022164
    http://www.dailymotion.com/video/x1y50r_u2-new-years-day_music

    so we are told …. this is the golden age
    gold is the reason for the wars we wage

  • Ron Gibson

    The Video Version Spoken And Written By Michael Rivero http://youtu.be/SKnF1HEUwuo

    • Man on the street

      Great presentation! One comment however about Islamophobia? First Islamophobia is politically incorrect according to our overlords. You are correct about Islam is against interest, but, the reason for some hostility towards Muslims is violence, terrorism, anti-women, anti Christians/Jews, and forcing the cave men tradition called sharia laws on all.

  • gifteconomy

    Satanic psychopaths who rule the world have invented profit based system where even sickness of poor people can bring money to the top of the hierarchic pyramide.
    We need ALL FOR FREE TO ALL – thus, nobody could buy and sell us for a miserbaly month salary!
    Start planting FREE FRUIT-TREES, VEGES… = create free food = be a leader = be sovereign = work for your local community out of pleasure for free = destroy their system through FREE STUFF and create wealth to all 7 billion people

  • Hp B

    Synonyms, by any other name..

  • wunsacon

    This is one reason I cringe every time I read the phrase “welfare-warfare state”. The “welfare” is to keep the home crowd from revolting while the financial royals expand their power. That’s not “warfare” for its own sake. It’s warfare for “property”, financial interest. Meet the property-warfare-welfare state.

    Calling it the “welfare-warfare” state is what the oligarchs want you to focus on. The message is: If you don’t like “war”, then cut out “welfare”. Oligarchs win again.

  • Man on the street

    The idea of having a for profit central bank is not “kosher”. :-)

    Central banks, in our case it is called Feds have a business model like all banks. YOU MUST MAKE LOANS TO MAKE PROFIT? So, you think the Feds will take an ad in the paper saying no money down, no closing cost on loans? Of course not! Why? Because we the sheeple know that we are up to our ears in debts. So how do the Feds sell us on getting a loan? You got it. Tell us to get into a war? Well again, it is not logical to imagine the head of the Feds telling the New York Times or Obama, let us start a war so that I can make money? So, how the system works? CREATE WAR MONGERS!

    The US has the military industrial complex that traditionally benefited from wars, but, they were not depending only on selling weapons to our government to make money? So, they are not too reliable to push us into wars.

    Comes in the neocons, the evangelicals, the think tanks, the talk radio, Fox News, among many other Zionist and Muslim Brotherhood foundations, and a bunch of paid for Senators and congressmen who breath wars. That cadre of sales agents work diligently to drum up wars. Once the sheeple get sold on the subject of let us go kick ass, then the government has no problem asking the Feds for a trillion dollar loan? Do you know how much is the interest on such amount of money? Then, of course the big paycheck to evil people like McCain is finally here.

  • Voice of Reason

    Not that bankers, particularly those of the international variety, are particularly nice people. But they could not have been as successful as they have been without our buy in. Money IS debt not wealth. The debt of supposedly financially sound entities like the US government is called ‘near money’. Money is treated as wealth because it represents a claim on wealth equivalent to the nominal value (AKA price) of the wealth (supposedly) exchanged for that money.

    Unlike real wealth, however, which loses value over time, money as debt does not. Wealth, even intellectual property, “rots” over time (unless the intellectual progress of our species can be staunched). So WE – and that’s all of us, not just bankers – prefer to hold our wealth in the form of other people’s indebtedness to ourselves and our posterity. Thus, not only can we acquire more wealth than we can ever consume. We can pass our claim to the real wealth produced by others down to the nth generation of our children.

    So lay off those bankers. They are only giving you what (you think you) want.

  • Bev

    from: http://www.monetary.org/war-and-debt/2013/08

    War and Debt
    On August 19, 2013,
    by AMI

    War and Debt Powerpoint

    Is our current debt-based money system a leading motivator for our country to go to war?

    Robert Poteat, leading expert on America’s money system and Senior Advisor to the American Monetary Institute, introduces War and Debt, a Powerpoint presentation that examines:

    ▪ How our debt-based money system promotes war, and warfare then promotes more debt.

    ▪ How HR 2990, introduced into the last Congress by Rep. Dennis Kucinich solves these critical monetary problems.

    The solution:

    http://www.monetary.org/

    http://www.monetary.org/wp-content/uploads/2013/01/HR-2990.pdf

    http://www.monetary.org/wp-content/uploads/2013/12/Viable-Solution-to-Economic-Crisis.pdf
    Hundred Year Old Federal Reserve System Problem
    A Viable Solution to the Economic Crisis,
    by Robert Poteat of the AMI, takes on the problematic Federal Reserve Banking System and presents a viable solution to this system, Kucinich’s HR 2990.

  • Mark Williford

    Democrats want social spending-Republicans wants big armies -both elect war. But the end result of both parties is continues and perpetual indebtedness. There is no difference. You should really read Dr. Caroll Quigley’s book, Tragedy and Hope” Quigley, whose students included Bill Clinton and George Casey explains that perpetual indebtedness of a government is the goal of the international banking system. Wars, bizarre social programs, and continous give-aways do one thing and one thing only-Keep governments in debt. In fact, Socialism is really about perpetual indebtedness. As governments spend more how do they get the money to do so? Since 1689 (when the Bank of England was formed) a group of private central bankers learned quickly that lending money to the crown for wars and social giveaways was the best route for riches. Our Federal Reserve Bank practices the same technique. As Jefferson once said, “Central Banks are more dangerous than a standing Army.” Go read “None Dare Call it Conspiracy,” by Gary Allen. Jefferson complained to Madison that Central Banks are more dangerous than standing armies. Napoleon, Lincoln, Franklin, Jefferson, Jackson, Lincoln, Eisenhower and JFK warned is of the the dangers of central banks. Please read Griffin’s book, The creature from Jekyll Island.

  • http://www.lifenews.com/category/national/ Washington76

    Appeals Court Orders Release of Classified Legal Analysis, EPIC Filed Amicus Brief A federal court of appeals has ruled that the Department of Justice must release the legal analysis justifying the controversial “targeted killing” drone program.

    The government argued in New York Times v. Department of Justice that the analysis should be exempt from release as a privileged communication. But the ACLU and the New York Times, supported by EPIC and other open government organizations, argued that because the government relied on the legal reasoning to justify the drone program it cannot be kept secret.

    The Second Circuit agreed, ruling that the after “senior Government officials have assured the public” that the program is “lawful and that . . . advice establishes the legal boundaries,” it can no longer claim that the document is exempt from FOIA.

    http://epic.org/amicus/foia/new-york-times/EPIC-et-al-Amici-Brief.pdf

  • Patriot1

    There’s actually an episode of the Three Stooges where you get these banker financiers in the beginning talking about how they need to start a war so they can make lots of money at it. So, in order to start the war, they need a dictator to start it. Then they look out the window and see Moe slapping around Larry and Curly, and of course they make him the dictator. So Moe dons a Hitler mustache and becomes the dictator of “Vulgaria” although in actuality he’s just the puppet of the bankers. Hilarious episode, it’s vintage Three Stooges, but very truthful. I’m guessing it was made some time in the late 1930′s/early 1940′s. Perhaps they were trying to tell us something way back then.

  • Ted Reading

    HSBC, the bank of choice for Mexican and Colombian drug cartels.

  • sixhonestservingmen

    _______

    KNOW THE GROUND UPON WHICH YOU STAND

    It’s continually worth repeating, to show the ease with which the bankers NWO and accompanying wars become irrelevant, to those who haven’t been ‘self-deluded’ into thinking that they have an obligation towards the bankers NWO ambitions -

    ——-

    UNDERSTANDING SOLUTION IS WHAT YOU’RE BEING DISTRACTED FROM

    What then, is the simple acquired knowledge that allows for people to take control of their lives, and that prevents, the NWO’s inevitable chaos that must ensue, from happening ?

    What empowers people, if they ‘share widely’ in its knowledge, is to understand clearly ‘where’ all the NWO’s ambitions can only truly take place, and therefore, in turn, where you are able to defend yourselves.

    SOLUTION IS FOR THOSE WHO ARE NOT BLEATING SHEEP

    Here then, is what all this means in the clear light of the simple material to be found below:

    A primer that explains the nature of artificial debts to banking, that in turn create spiraling out of control insolvency world wide -

    THERE IS NO DEBT IT’S JUST YOUR IMAGININGS
    http://thereisnodebt.wordpress.com/2013/02/26/there-is-no-debt-its-just-your-imaginings-2/

    —-

    The Bank of England’s Confessions -

    CENTRAL BANK MONEY CREATION
    http://thereisnodebt.wordpress.com/2014/03/20/central-bank-money-creation/

    —-

    A detailed presentation of the mechanism that destroys all economies -

    Note. You may skip the introduction and begin with the section titled,

    Mathematically Perfected Economy PART 02A

    —-

    True and Proper Context -

    Those not compelled by obligations to fictitious countries, can be found part way down the source document linked below, under the subtitled heading,

    ‘SEQUENCE OF DOING BUSINESS USING WRITTEN INSTRUMENTS AS CONTRACTS’,

    SOURCE DOCUMENT:

    THE BUSINESS OF KNOWING YOUR PLACE
    http://thereisnodebt.wordpress.com/2014/04/05/the-business-of-knowing-your-place/

    (Note. Replace Sweden with any other country, regional body, or institution, in the example given)
    _______

  • Dr. J

    Folks, the harsh reality is that there are large military/industrial/banking interests that make money and increase their power through perpetual war and instability.

    Arguing about whether the Republicans or Democrats are to blame for this is naive.

    The goal of these people is expressly not to bring stability. They create crises that they profit from – that’s it.

    These interests have no particular allegiance to any one country, political persuasion or ideology. Their only fundamental commitment is to more power and profit.

    That’s why alliances will continually shift, friend today is foe tomorrow, freedom fighter becomes terrorist, and vice versa.

    And each time they’ll make sure the public about whether this is Bush or Obama’s fault, etc. – so that you don’t focus on them.

  • MOLON LABE

    September 1st, 2012 SHOCKING!!! First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling!

    DEBT 25 Trillion

    The first ever GAO (Government Accountability Office) audit of the Federal Reserve was carried out in the past few months due to the Ron Paul, Alan Grayson Amendment to the Dodd-Frank bill, which passed last year. Jim DeMint, a Republican Senator, and Bernie Sanders, an independent Senator, led the charge for a Federal Reserve audit in the Senate, but watered down the original language of the house bill (HR1207), so that a complete audit would not be carried out.

    Ben Bernanke, Alan Greenspan, and various other bankers vehemently opposed the audit and lied to Congress about the effects an audit would have
    on markets. Nevertheless, the results of the first audit in the Federal Reserve’s nearly 100 year history were posted on Senator Sander’s webpage. What was revealed in the audit was startling:

    $16,000,000,000,000.00 (TRILLION) had been secretly given out to US banks and corporations and foreign banks everywhere from France to Scotland (see page 131 of GAO Report). From the period between December 2007 and June 2010, the Federal Reserve had secretly bailed out many of the world’s banks, corporations, and governments. The Federal Reserve likes to refer to these secret bailouts as an all-inclusive loan program, but virtually none of the money has been returned and it was loaned out at 0% interest.

    http://investmentwatchblog.com/holy-cow-first-audit-results-in-the-federal-reserves-nearly-100-year-history-were-posted-today-they-are-startling-the-real-deficit-is-25-trillion-video/

 

 

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