So I guess I gotta define “Bankster”. It’s in my domain name, I talk shit about them, and it’s even in the title of my second post, Dethrone The Banksters, so I might as well try to identify them from the get go. I’ve heard other people use the word before and it’s pretty obvious what it means…or is it? Well, it may seem complex at first…I mean, the world is freaking huge, how is it even possible that a very small minority can manipulate and control the vast majority to such a degree?….but after doing some research (and hopefully reading my blog), I think you’ll find it’s actually not very difficult, and it’s actual the norm in the course of human history.
The loosely defined name ‘Bankster’ has several related terms: Globalist, Collectivist, Technocrat, Monopoly Man, Robber Baron…and those are just a few off the top of my head. The thing is, when people ask me “Who runs the New World Order?”, it’s tough for me to come up with a definite list because it’s more of a philosophy and an undercurrent of power as opposed to a group of men sitting around a table smoking cigars. By the way, know that New World Order (NWO) is yet another term similar to Bankster (and no, Razor Ramon and Hulk Hogan are not members of this NWO). While it can be tough to pinpoint the exact parties who are pulling the strings of power, I hope to sketch a basic outline of the financial wing of those men behind the curtain.
This “Who Are The Banksters” series of articles will attempt to identify who the Banksters are and how they operate. I’m going to start with the banks everyone knows; you know, the “Mega Banks”. You probably have an account or three with them like i do. Yes, even I’m so sucked into the system that I bank with one of these sick creatures After writing this post I vowed to change that by cancelling my accounts and switching everything to a local bank. In future articles in this series I’ll discuss the inner workings and the goals of the other half of this global banking cartel: The IMF, The World Bank, and The Federal Reserve System.
But first, some quotes, because everyone loves quotes.
“I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man that controls Britain’s money supply controls the British Empire, and I control the British money supply”
– Baron Nathan Mayer Rothschild
“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and the corporations which grow up around them will deprive the people of all property until their children wake up homeless on the continent their fathers conquered”
– Thomas Jefferson
” I have two great enemies, the Southern Army in front of me and the bankers in the rear. Of the two, the one at my rear is my greatest foe”
– Abraham Lincoln
“It is well enough that people of the nation do not understand our banking and monetary system; for if they did, I believe there would be a revolution before tomorrow morning”
– Henry Ford
JP Morgan Chase
I’m putting JP Morgan Chase at the top of the list because I have some personal connection to it. When I was a Sophomore in high school I opened my first ever checking account with BankOne, which was eventually bought out by JP Morgan, so I have had the pleasure of feeding this particular beast for several years now. I don’t even want to know the amount of interest, penalties, and fees I’ve given up to this behemoth. That’s not why it made the top of the list though. The thing with JP Morgan is that it always seems like it ends up on top no matter the situation. Take the whole derivatives crisis of the 2000s that led to our current “Greatest Recession” (as quoted by little Timmy Geithner at the Treasury): Not only was JP Morgan the architect of the whole derivative Ponzi scheme, they benefited immensely from the havoc that resulted from the implosion of the market and its eventual ‘recovery’.
Take the collapse of Bear Stearns as a simple, recent instance of JP Morgan ‘luckily’ being at the right place at the right time. At the height of the real estate Ponzi-scheme, on January 17th, 2007, Bear Stearns’ closing price was $169.33 per share. A little more than a year later, their stock had lost half of its value, closing at $85.88 on February 27th, 2008. This was just the build-up; financial collapses always pick up momentum and ferocity, and in March of that year, facing collapse, Bear Stearns sold out to JP Morgan at $10 per share. Don’t forget the little tidbit about the initial price being $2 per share…but not even the Banksters thought they could get away with that level of plunder, so they ended up raising their bid. That’s a pretty good deal if you ask me, especially considering that the ill-effects of any toxic assets on Bear Stearn’s balance sheet would be wholly negated by the Federal Reserve and US Treasury through various forms of stimulus, ‘quantitative easing’, and banker bailouts.
I’m also a fan of the Washington Mutual acquisition, where JP Morgan paid $2.6 Billion for the bank (which had $327 Billion in assets)…not bad at all. I’m particularly keen on the fact that the CEO of WaMu ended up receiving his full $7.5 million signing bonus in addition to his $11.6 million golden parachute…all after 17 days on the job. Seriously, that’s pretty impressive, all in all it comes out to $46,813.73 per hour assuming a 24-hour workday and no weekends…not too shabby! Heck, JP Morgan even got some tax benefits for that purchase, that’s some slick accounting alright. To cut to the Chase (ha), JP Morgan is probably the most elite of the MegaBanks; it doesn’t have to get its hands too dirty, and it usually gets first dibs on the loot.
All you need to do is do some rudimentary research and you’ll see that JP Morgan has had a long history of working behind the scenes with the centers of power. It has been a chief financier of every war since World War I, when it established itself as the sole underwriter of war bonds for the United Kingdom in France. Who knows what type of cash flow the wars in Iraq, Afghanistan, and Libya are producing for this global banking conglomerate. In addition to financing war, the bank (along with its former investment arm Morgan Stanley) is a primary dealer of US Treasuries to the private Federal Reserve. In layman’s terms, a company that is a primary dealer to the Fed has massive influence on monetary policy, which in turn can be used in a way similar to knowledge of inside information. Taking a quick look at some of the alumni of JP Morgan gives a great portrait of the power and influence the bank has throughout the world. This laundry list of Bankster alumni include former UK Prime Minister Tony Blair as well as former US Secretary of State George Shultz, who also served two years as the Treasury Secretary. Of more recent note, William M. Daley, youngest child of former Chicago Mayor Richard J. Daley, and brother to former Chicago Mayor Richard M. Daley, is the White House Chief of Staff in the Obama Administration. That’s change you can believe in.
Everyone knows Goldman Sachs, and pretty much everyone hates them. Back when I was a kid in high school and college I always thought people were just hating on the big banks because they were jealous of their size and success. Then again, back then I was also proud to pay my taxes because I felt that my money would be used wisely to improve America…so you live, you learn. Now, why do people hate Goldman? Well, it’s true that they are the biggest and baddest, and it’s true that many aspiring business students dream of working there and may be miffed when they don’t receive an offer (trust me, I never applied). But there is much more to it than that. If JP Morgan is the head of the Bankster’s commercial banking arm, Goldman is the King of investment banks. If you want to do a big time transaction, you have Goldman on the phone. If you think JP Morgan had a nice list of alumni, wait to you see some of them from Goldman: Former Secretary of the Treasury Henry Paulson, former Secretary of the Treasury Robert Rubin, current World Bank President Robert Zoellick, and President of the Federal Reserve Bank of New York, William C. Dudley, to start. If you make it past the intense screening process, drink the Goldman kool-ade, and donate 80-90 hours of your life per week for a decade, you can really go place with Goldman Sachs.Much like JP Morgan, Goldman also serves as a primary dealer of US Treasuries to the private Federal Reserve. In all, it’s probably fair to say that Goldman has more political and economic influence than JP Morgan, while using its power in a more subtle way. The thing is, just because the average Joe doesn’t interact with Goldman or some of these other Bankster organizations doesn’t mean that the banking cartel doesn’t directly affect his life. In reality, that’s my primary purpose behind this blog; exposing these Banksters is what I do now.
Goldman serves as the grand conductor of finance for the Fortune 500. There are a few other MegaBanks with the knowledge, know-how, and connections, but if you’re serious about doing it big, you’re doing it with Goldman Sachs. Try this exercise: Write down the name of 5 large companies (I chose Google, Ford, Wal-Mart, Microsoft and GE) and search “Goldman Sachs + (company name)”. I can pretty much guarantee you that all five searches return a large number of results about both the various finance deals struck between the two entities, and Goldman’s public outlook or forecast of ABC Company’s future stock price. That goes to the heart of what Goldman is all about; it makes the inside deals with the corporate conglomerates, while at the same time giving investment advice about said corporate conglomerates. Conflict of interest anyone? Don’t forget that this MegaBank also does a very large amount of business with municipalities and States; if there’s a major market, you can be sure that Goldman has a tentacle or three in it.
Goldman Sachs really showed its true colors leading up to the Financial Crisis of 2008. It has been caught in ‘ethically questionable’ practices hundreds of times, but my personal favorite was the surfacing of an internal E-Mail written by a top Goldman executive that labeled a financial deal backed by mortgage-backed securities a, well, “shitty deal” (I just realized that this article is quickly just becoming a collection of my favorite stories…too bad). In the months following the distribution of this E-Mail, Goldman went on to sell hundreds of millions of dollars worth of these derivative products to investors, while at the same time making massive bets on the failure of those products. Yes, in case you didn’t know, Goldman Sachs is pretty evil.
Bank of America, CitiGroup, Wells Fargo, et al
Before I go any further I’d like to once again mention that 90% of the employees at these companies are so heavily compartmentalized and bogged down with corporate red tape that they can’t even tell which way is up. However, as the Nuremberg trials showed us, using the defense of ‘I was just following orders’ isn’t going to save you from the firing squad when you have been caught red-handed performing heinous crimes. Goldman may be a bit of an exception since it’s much more tightly knit, but at the vast majority of companies the common worker is unaware of the purpose of his or her work product. I’m not saying that the customer service representative at your local branch who signed off on fraudulent mortgages deserves a decade of hard time, but perhaps the Regional Vice President who ordered the Branch Manager to push Jumbo loans off on people making $40,000 per year needs some lovin from Bubba. While the decisions are made at the very top, the true power of each organization, and the Banksters and NWO as a whole, comes from the hundreds of thousands of underlings who put policy into effect; either willingly and of their own accord, or unknowingly through what they see as their harmless 9-5 office job.
Now, back to the MegaBanks. Truth be told, if I wrote a profile on every Bankster organization I could easily fill a 400-page book without trying very hard. So, in the interest of keeping this post somewhat ‘blog friendly’, I’ll briefly discuss a few more of these scumbags. One good example to start us off on was a 2010 incident involving Bank of America wrongfully foreclosing on a couple’s home in Florida. The MegaBank broke into the home, seized belongings, and changed the locks. The only problem? The couple had purchased the home five years earlier, in full, with cash. Not only was Bank of America never involved in that transaction, it never even had a connection to any of the previous owners. A simple ‘coding error’ led to the ransacking of the dream home of two law-abiding citizens. Should the analyst who made this error be strung up for his mistake? As a risk analyst myself I’d prefer to not have that precedent set, because sometimes mistakes are made, but it gets much better…Bank of America continued the foreclosure process for weeks after the mistake had been found, and, despite the insistence of its own realtor, the bank didn’t give up the wrongly seized house until the local Sheriff’s office entered a local branch and threatened to take the money owed to the family out of the bank’s vault. The Bankster’s hate bad press (lucky for them they own most of the mainstream media), so the situation was quickly rectified. This is but one of countless untold stories of a similar nature; and they all have one common thread among them. To the Banksters, humans are only good for profit, and once the profit is sucked out of us, we’re crushed and discarded like an empty can of Keystone Light.
Now it’s time for my favorite bedtime story, I can’t wait to someday tell it to my children. It goes like this:
Once upon a time in a land far, far away, there was a little bear named Wachovia. The little bear was sad because it couldn’t keep up on the hunts with the big bears. One day, a big bear named Wells Fargo took pity on Wachovia and asked him to join his family. Little Wachovia was sooooo excited. The two bears lived happily ever after, laundering a total of $378.3 Billion in drug money from Mexico and Latin America over a four year period. The End.
Ok, that’s enough. Just go Google this shit for real. Search “Wells Fargo launders drug money”. Do some research on CitiGroup and Bank of America. Throw in UBS for the hell of it, maybe some Morgan Stanley. It’s easy. If you can read and tie your shoes, you know all these companies are shiesty. Unfortunately, a lot of people A) Can’t read and tie their shoes, and/or B) Don’t care because they are totally zombified by TV, Call of Duty, Pop Culture, and a solid diet of McDonald’s, Krispy Kremes, and prescription pills. I mean, that sounds fun to me sometimes too, I could certainly enjoy a Big Mac and some Xanies right now, but I kind of hate being robbed by a bunch of Bankster fucks, so I think I’ll have to choose option C) Being The Resistance. I hope you will too, but that’s on you.
I appreciate everyone who has been sharing my articles with their friends and family, my last article Dethrone The Banksters was viewed by twice as many people on its published date than my first entry, The Basics, and I hope that this post doubles up on that figure. I’ll be back this week with a special on the 10th Anniversary of September 11th; trust me, you’re not gonna want to miss that one. Just look at what’s happening in Europe: We’re approaching the tipping point, and the more people we get informed this minute the better our chances against the Banksters when they pull the rug out from under us and the true collapse occurs. Plant the seeds! Ron Paul 2012!