rothschild zionism

8/3/2019 Rothschild Zionism

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THEY DARE NOT SPEAK ITS NAME ...

... ROTHSCHILD ZIONISM

But to understand the financial crisis, 9/11 and so much more, it must be spoken

constantly. As we begin a new year, amid ever-gathering global tyranny, this

information is vital for everyone to know.

By David Icke - Davidicke.com

I have written and spoken extensively about the agenda behind the unfolding globalfinancial crisis and here I will expose the coordinating force, or at least the prime one,behind that agenda and so much else, including 9/11.

Most conspiracy researchers either don't realise the fundamental significance of thisnetwork or are too frightened to say so if they do. Sod that.

It is widely known as Zionism or, as I call it, more accurately, I suggest ... Rothschild Zionism. I add the 'Rothschild' to constantly emphasise the true creators of Zionism



and its controllers to this day (see Human Race Get Off Your Knees).

I'll explain the connection later to the gathering economic catastrophe, but somebackground is necessary to put it all in the context that it needs to be seen.

Ask most people about Zionism and they will say 'that's the Jews', but while this is theimpression the Rothschild networks in politics and the media have sought verysuccessfully to 'sell' as 'common knowledge', it is not true. It represents only aminority of them and many others who are not Jewish.

Rothschild Zionism in its public expression is a political ideology based on ahomeland for Jewish people in Palestine and a belief that the Jews are God's 'chosenrace' with a God-given right to the 'promised land' of Israel (historically this isnonsense, as I show in my books)

They also believe that the real borders of Israel must encompass what is now Israel,including Gaza and the West Bank still officially owned by the Palestinians, plusLebanon, Iraq, Syria, Egypt and Jordan, or, as Genesis puts it: '... from the brook of Egypt to the Euphrates'.

That's the public expression of Zionism, but at its inner core it is a secret societycreated and controlled by the House of Rothschild.

They have sought to sell the 'Zionism-means-all-Jewish-people' lie so that they cancondemn as 'anti-Semites' and 'racists' anyone who exposes the truth about RothschildZionism and its agents in government, banking, business, media, military etc.

http://www.davidickebooks.co.uk/index.php?act=viewProd&productId=246






So let us get past the calculated smokescreen that challenging Rothschild Zionism andthe horrors of Israel means you are anti-Jewish and instead look at the simple factsthat they don't want you to know and acknowledge.

Firstly, you don't have to be Jewish to be a Rothschild Zionist, as US Vice-President,Joe Biden, publicly said while arse-licking his masters in Tel Aviv (ultimately hismasters at Chateau Rothschild).

Some of the most vehement Rothschild Zionists are the Christian Zionists in theUnited States and elsewhere, led most vocally by their 'spiritual' leader, John C.Hagee. Think of the worst kind of extreme Bible-bashing hypocrite and you've gothim to a tee.

Hagee is the founder and National Chairman of the Christian-Zionist organization,Christians United for Israel, he's a regular visitor to Israel and has met every primeminister since Menachem Begin.

Hagee - the voice, though not brain, of the Christian Zionists.

His John Hagee Ministries has given more than $8.5 million to relocate Jews from theformer Soviet Union to Israel and he is the founder and Executive Director of an eventcalled 'A Night to Honor Israel', which pledges solidarity between Christians and the



State of Israel.

See the story later in this exposé headed 'GOD-TV Erase Israeli Bedouin Village toBring Jesus' Second Coming' to appreciate the extreme and heartless way the non-Jewish Christian Zionists support the official Zionists - Rothschild Zionists.

By contrast, a large number of Jewish people are not Zionists, some even vehementlyoppose it and support the Palestinians in their battle for survival against the onslaughtof genocide from the Israel government and military funded by the United States.

Jewish people organise protests and call for boycotts of Israel in response to theRothschild Zionist agenda for the Palestinians and yet how many people know thatwho glean their 'information' from the mainstream media?



How many people know, as portrayed in this picture, that many religious Jews abhorthe demands by the Rothschild Zionists for a US attack on Iran and have had warmmeetings with Iran's President Ahmedinejad to give their support?

No one who only gets their 'news' from the Rothschild-Zionist-controlled mainstreammedia would know any of this because they push only one line - Zionism means all Jewish people, end of story.

But anyone who thinks that is true should read the article by Jewish musician andwriter, Gilad Atzmon, later in this package, headed 'How Israeli leaders kill for theirpeople's votes'.



The Rothschilds have a network of organisations, including B'nai B'rith and itsoffshoot, the Anti Defamation League (ADL), that work with other Rothschild-controlled groups to target anyone who gets close to seeing the elephant in the livingroom and exposing it for all to see.

They attack and undermine them in every way they can to stop the simple and

devastating truth coming to light - that the Rothschild Zionists control the mainstreammedia; Hollywood and the movie industry; governments, not least in the UnitedStates; and crucially in the light of current events, they control global finance andcommerce.



I am going to take you through the personnel of the Obama administration that 'he'appointed after his election in late 2008 to give you an idea of how the very fewdictate to the very many via the Rothschild networks.

Remember as we go through the names that only 1.7% of the population of the United

States is Jewish and significant numbers of those will not be Rothschild Zionists.

Obama appointed Rahm Emanuel (Rothschild Zionist) to be his White House Chief of Staff (handler). Emanuel, who has served in the Israeli army, is the son of a former

operative with the Irgun terrorist group that helped to bomb Israel into existence in1948 and cause some 800,000 Palestinians to flee their homeland in terror.

(Many Israelis connected to the Rothschild networks were sent to the United Statesafter the State of Israel was established to specifically produce children who would beAmerican-born citizens to infiltrate the US government system in the followinggenerations.)



Obama's White House Senior Advisor (handler) is David Axelrod (RothschildZionist), a close associate of Emanuel and the man who ran Obama's 'change you can

believe in' election campaigns against Hillary Clinton and John McCain.

Axelrod now oversees the words on the teleprompter screens to which Obama iswelded for even the most minor announcement. Axelrod, like Emanuel, is the productof the Rothschild Zionist 'political' Mafia that controls Chicago where Rahm Emanuelis now running for mayor.

One of Obama's chief funders and controllers is the Rothschild Zionist agent, GeorgeSoros, the multi-billionaire financial speculator and manipulator of countries, not leastin the former Soviet Union.



Obama appointed a stream of Rothschild Zionist 'advisors' and 'czars' in varioussubject areas, including infamous Rothschild Zionist agent, Henry Kissinger, and one,Cass Sunstein, 'Administrator of the White House Office of Information andRegulatory Affairs', has called for 'conspiracy theories' to either be banned or taxed .

This is another Rothschild goal - to ban any view or research that exposes theRothschild agenda.

Sunstein (Rothschild Zionist) says the opinion that 'global warming' is a manipulatedhoax could be an example of what should be banned or taxed (see banned), and sohow appropriate that Obama appointed Carol Browner (Rothschild Zionist) and ToddStern (Rothschild Zionist) to take charge of his 'global warming'/'climate change'policies.

Rothschild Zionists Browner and Stern - on message.

And so to the economy ...

The key economic post in the United States is the head, or chairman, of the FederalReserve, the privately-owned and Rothschild-controlled cartel of banks that

hilariously call themselves collectively the 'central bank of America'.

A national central bank should be answerable to the people, otherwise it's just anotherprivate bank lending the government 'money' which the population has to repay, plusinterest.

The latter describes the US Federal Reserve, which, as the saying goes, is no more



Federal than the Rothschild-controlled Federal Express. The 'Fed' prints money forliterally cents on the dollar and then 'lends' it to the government at interest and forprofit.

What a great scam if you can get away with it and because the Rothschild networks

control the government and media as well as the Federal Reserve banks - they have.

We can pick up the 'Fed' story with the appointment of Paul Adolph Volcker to headthe Fed during the presidencies of Jimmy Carter and Ronald Reagan (in truth GeorgeBush senior).

Volcker was a former vice president and director of planning with the Rockefeller(Rothschild)-controlled Chase Manhattan Bank and left the Fed in 1987 to becomechairman of the New York investment banking firm, J. Rothschild, Wolfensohn &Co., run by James D. Wolfensohn (Rothschild Zionist), who later became president of the World Bank.

Next in line at the Federal Reserve was 'Mr Big', Alan Greenspan (RothschildZionist), a practising Satanist according to some who say they have attended ritualswith him.



Greenspan was 'appointed' by President Reagan (presidents don't 'appoint' Fed chiefs,they are told who it is going to be) and he remained head of the Fed and thusAmerican economic policy through all the Clinton years and most of Boy Bush beforestepping down in early 2006.

In that time he oversaw the systematic dismantling of financial regulation that allowedgreed and corruption to run riot and in the same period that vicious and despicableduo, Tony Blair and his Chancellor and later successor, Gordon Brown, were doingthe same in Britain.

Greenspan received unquestioning support for this policy from Bill Clinton's TreasurySecretaries, Robert E. Rubin (Rothschild Zionist), former co-chairman of theRothschild-controlled Goldman Sachs, and Larry Summers (Rothschild Zionist),former Chief Economist at the World Bank.

Bill Clinton's Special Assistant to the President for Economic Policy in this sameperiod and Senior Economist and Senior Adviser on the Council of EconomicAdvisers during the Clinton administration was Peter Orszag (Rothschild Zionist).

Another Greenspan supporter of deregulation was Timothy Geithner (RothschildZionist), the President of the Federal Reserve Bank of New York, the most powerful



in the Federal Reserve cartel.

Without the collective demolition of financial checks and balances by this cabal of Rothschild Zionists there would not have been the crash of September 2008 with itscatastrophic consequences for billions worldwide.

But when Barack Obama became US President a few months later, who was in the'economic team' that he 'appointed' to 'sort out the mess'? Er, the very ones whocreated it and it was all done from a White House controlled by Rahm Emanuel(Rothschild Zionist) and David Axelrod (Rothschild Zionist).

Geithner speaks: 'I don't know where the money's gone - who cares?'

Obama made Timothy Geithner (Rothschild Zionist) his Treasury Secretary - Obama'smother worked for Geithner's father, Peter F. Geithner (Rothschild Zionist), thedirector of the Asia programme at the Ford Foundation in New York.

Larry Summers (Rothschild Zionist) was appointed director of the White HouseNational Economic Council, and Paul Adolph Volcker, business partner of theRothschilds, was made Chairman of the Economic Recovery Advisory Board.

The gang that trashed the town was now back in town to trash it even more and you'llnever guess ... they decided that the only way to save an economy brought to its kneesby their collective actions and the banking system they represent was to, well, no,surely not ... hand trillions of taxpayer-borrowed dollars to the Rothschild-controlledbanks and insurance companies like CitiGroup (advised to disaster by RothschildZionist Robert E. Rubin, see above), J. P. Morgan, AIG and a long list of others.



Overseeing this and all other American government spending was Obama's BudgetDirector, the already-mentioned, Peter Orszag (Rothschild Zionist), who workedclosely with Rahm Emanuel (Rothschild Zionist) to impose the North American FreeTrade Agreement (NAFTA) which has devastated American industry in line withRothschild policy.

Summers, Orszag and Geithner: used car anyone?

Summers resigned in late 2010 and at the time of writing the favourites to replace himare Roger Altman (Rothschild Zionist) and Gene Sperling (Rothschild Zionist).

Peter Orszag was the founder and president of the economic consultancy firm whichadvised the Central Bank of Iceland in the period before it went bankrupt and headvised the Russian Ministry of Finance when the country's resource assets werebeing given to Rothschild Zionist oligarchs like Chelsea football club owner, Roman

Abramovich, who became instant billionaires.

Orszag resigned as Budget Director in July this year with his job done, but, no matter,Obama announced that Jacob Lew (Rothschild Zionist), an under-secretary of state toHillary Clinton, would take over and resume the same post he held under Bill Clinton.

By the time the brown stuff hit the spinning wheel in September 2008, Alan



Greenspan (Rothschild Zionist) had stepped down from the Fed before the crash heknew was coming. But, once again, no matter. He was replaced by Bernard Bernanke(Rothschild Zionist) who printed even more money (at interest to the taxpayer) tohand to his Rothschild Zionist mates in Wall Street.

Meanwhile, Treasury Secretary Timothy Geithner (Rothschild Zionist), who has beencentrally involved in handing trillions of dollars of public money to his bankingassociates with no strings attached, asked the opinion of a private internationalRothschild Zionist 'law firm' called Squire, Sanders & Dempsey to see if Americanstates could, as some requested, legally use bail-out money or TARP - the TroubledAsset Relief Program - to support the legal bills of people trying to protect theirhomes from foreclosure by the bailed out banking system.

The privately-owned Rothschild Zionist Squire, Sanders & Dempsey said 'no' and soTimothy Geithner (Rothschild Zionist) said the money could not be used to protect thepublic who had bailed out the banks from foreclosure by those same banks.

David Millstone, a very active Rothschild Zionist, partner at Squire, Sanders & Dempsey and regional chairman of the Anti-Defamation League's international

affairs committee. His firm says that public money can go to the Rothschild Zionist banks, but not to the innocent victims of the banks.

And while all this has been going on, these have been the heads of the majorinternational financial institutions with the power to impose global economic policies:



The President of the World Bank is Robert Zoellick (Rothschild Zionist), a big-timeBoy Bush administration insider who was a fervent advocate of invading Iraq longbefore even 9/11. Zoellick took over at the World Bank from the disgraced PaulWolfowitz (Rothschild Zionist), another orchestrator of the Iraq invasion as DeputyDefence Secretary.

The Managing Director of the International Monetary Fund (IMF) is DominiqueStrauss-Kahn (Rothschild Zionist), the French politician who is expected to run toreplace President Nicolas Sarkozy (Rothschild Zionist) at the next election.



T J- T R L rance's biggest banks.

Anyone think, given these facts, that the Rothschilds could control global finance

and could possibly, oh just a little bit, have orchestrated the crash of 2008 and what

has followed??

At the heart of the 'bail out' of Ireland (the bail out of Irish banks and the eliteinvestors, like the Rothschilds, by the people of Ireland) were Jean-Claude Trichet(Rothschild Zionist) at the European Central Bank and Dominique Strauss-Kahn(Rothschild Zionist) at the IMF.

And the banks that caused the crash to which the Rothschild Zionists in power are'responding' for their benefit are also invariably controlled, directly or ultimately, byRothschild Zionists.

These include Goldman Sachs headed by Lloyd Blankfein (Rothschild Zionist) andcreated by Rothschild Zionists Marcus Goldman and Samuel Sachs who came, like somany of these people, from families that settled in America from the country wherethe name Rothschild originated - Germany.

Even more specifically, the German region of Bavaria comes up again and again - thehome of the infamous Bavarian Illuminati of Adam Weishaupt (who today I would becall a Rothschild Zionist). The Pope and Henry Kissinger are just two examples of 'born in Bavaria'.

Goldman Sachs was fundamentally responsible for the crash of 2008, but by that time



its former Chairman and Chief Executive Officer, Henry 'Hank' Paulson, had beeninstalled as US Treasury Secretary to begin the bank bail out policy, with enormousbenefit to Goldman Sachs, in the closing weeks of the Bush administration.

Goldman Sachs was also instrumental in the collapse of the economy in Greece that

started the 'euro panic' that later engulfed Ireland.

The symmetry is called Rothschild Zionism

They have the whole thing stitched up because the Rothschild Zionist secret society

network have their agents in governments, the banking system, including theinternational institutions like the IMF, and control the reporting of their activitiesthrough ownership of the mainstream media.

As a result, if it is happening economically and politically, it's because the Rothschildswant it that way - be it in banking, stock markets, commodity markets, currencyvaluation, the price of gold, the lot.

The world of finance is dictated by 'investor confidence' and who controls that? Thosewho have the power to control the media, government and central bank financialstatements and have the financial resources to move trillions around the financialmarkets every day. In other words, the Rothschilds and their lackeys.

Rothschild Zionism is an elite secret society at its rotten core and the people I amnaming here and so many more are not agents of Jewish people as a whole, but agentsof the secret society that has mercilessly manipulated the Jewish population forcenturies to advance its goals.



It is impossible to become President of the United States without support from theAmerican Israel Public Affairs Committee (AIPAC), a massive Rothschild Zionistlobby group currently headed by Obama friend and funder, Lee Rosenberg.

It is also very difficult to hold high office of any kind if AIPAC doesn't approve and areal struggle to even become a member of Congress or the Senate if AIPAC is againstyou.

As former BBC and Independent Television News correspondent, Alan Hart, wrote in Zionism: The Real Enemy of the Jews: 'Jewish people make up less than two per centof the American population, but account for 50 per cent of the political campaigncontributions.'

And that 50 percent is overwhelmingly made up of a few Rothschild Zionists and isnot in the least representative of half the Jewish population.



American political leaders may disagree on this and that, here and there, but on onething they are all agreed ...

As I write, the Rothschild Zionist-owned New York Times and Washington Post havebeen urging people to reject the left and the right and support 'centrist' politicians - thealleged 'centrists' and 'moderates' are often the most extreme of them all and needtheir 'centre' image to hide that. Barack Obama made claims to be a 'centrist' and so

did Tony Blair.

New York Times columnist Thomas L. Friedman (Rothschild Zionist) endorsed twoattempts he said were underway to create a new 'centre party' in the United States andthe Washington Post reported that a new grouping, known as 'No Labels', had beenformed to occupy the 'centre ground' of American politics (they did the same inBritain with the creation of the Liberal Democrats who are now in an extremistcoalition government with the 'right-wing' Conservative Party).

It turns out that a major funder of 'No Labels' is the Rothschild Zionist billionaire,

James Tisch, the founding chairman of the Jewish Leadership Forum, executivecommittee member of the American Jewish Joint Distribution Committee and apresident of the Jewish Communal Fund.

He is also a director of the Federal Reserve Bank of New York, headed until 2008 byObama's Treasury Secretary, Timothy Geithner (Rothschild Zionist). Yes, how very'moderate' and 'centrist' you must be, Mr. Tisch.



The Tisch family, one of the wealthiest in America, took control of the CBS empire in1986 with the intention, they said, to promote the interests of Israel.

Two founders of No Labels, the Washington Post revealed, were David Frum

(Rothschild Zionist), the 'Axis of Evil' speechwriter for Boy George Bush, andWilliam Galston, a former advisor to Bill Clinton, who is close to the RothschildZionist Zilkha family, founders of Mothercare. Galston holds the Ezra Zilkha Chair inGovernance Studies at the Rothschild Zionist 'think tank', the Brookings Institution.

No Labels is also supported by one of its 'Citizen Leaders', Kenneth R. Weinstein,CEO of the Rothschild Zionist 'think-tank', the Hudson Institute, founded by HermanKahn (Rothschild Zionist), one of the inspirations for Stanley Kubrick's character, Dr.Strangelove. The Hudson Institute and the Brookings Institution are major strands inthe Rothschild 'think tank' network worldwide.

The aim of No Labels is to target anyone who is 'partisan' in their political views(challenges the manipulated 'consensus') and thus force them into the 'centre ground' -those who support the Rothschild agenda. You can see this for yourself athttp://nolabels.org/ .

http://nolabels.org/





No Labels is just another Rothschild Zionist extremist organisation masquerading asthe moderate, 'sensible' centre - the wolf in sheep's clothing technique that theRothschilds employ to great effect.

In Britain and so many other countries around the world we have the same tail

wagging the dog. The British version of the American Israel Public AffairsCommittee (AIPAC) is the Friends of Israel network in every major party.

One investigation discovered that 80-per-cent of Members of Parliament in the nowruling Conservative Party are members of the Friends of Israel - which has the statedgoal of supporting anything that is good for Israel (the Rothschilds who own Israel).

The British Prime Minister, David Cameron, is a Rothschild Zionist and so is theleader of the Labour 'opposition', Ed Milliband, who got the job after a campaign inwhich his brother, David Miliband (Rothschild Zionist), was the other majorcandidate. This in a country where the Jewish population (with many not RothschildZionists) is around 280,000 in a national population of 62 million.

The key manipulating force in the previous UK governments of Tony Blair andGordon Brown was Peter Mandelson (Rothschild Zionist), who flaunts his closeconnections to the Rothschilds with holidays at their mansion on the Greek island of Corfu.



Lap dog Mandelson, on the right, with his owner, Jacob Rothschild. Wuff, wuff, Peter.

The Rothschilds controlled Blair as they controlled Bill Clinton and George W. Bushand this was the connection that led to Blair going into wars in support of bothpresidents who were being urged on by Israel (the Rothschilds).

It was the Rothschild network that orchestrated the invasions of Afghanistan and Iraq,the War of Terror and its justification, September 11th.

9/11: The Rothschild Zionist Connection

The lease of the twin towers at the World Trade Center was bought just weeks beforeSeptember 11th by businessmen, Larry Silverstein (Rothschild Zionist) and Frank Lowy (Rothschild Zionist), who both have very close links to Israeli leaders,including current Prime Minister Benjamin Netanyahu who said that what happenedon 9/11 was 'good for Israel'.

The World Trade Center deal was struck with Lewis Eisenberg (Rothschild Zionist),the head of the New York Port Authority, vice president of the American Israel PublicAffairs Committee (AIPAC) and a former partner at the Rothschild-controlledGoldman Sachs. Eisenberg is also close to the Israel leadership.



T N P R S L R Lauder cosmetics family.

He is involved with a stream of Rothschild Zionist organisations, including the JewishNational Fund, World Jewish Congress, American Jewish Joint DistributionCommittee and the Anti-Defamation League.

Buying the World Trade Center lease was a terrible business deal for Silverstein andLowy because the towers were known as the 'white elephants' given the state they

were in and the fantastic amount of asbestos that needed to be dealt with. Asked whyhe had bought the lease Silverstein said: 'I felt a compelling urge to own them'.

I bet he did.

When the deal was done Silverstein and co massively increased the insurance for a'terrorist attack' and were awarded $4.55 billion after the towers were hit. The leasehad cost $3.2 billion and Silverstein reportedly only invested $14 million of his ownmoney.

The judge who oversaw the litigation between Silverstein and the insurancecompanies was Michael B. Mukasey (Rothschild Zionist) who later became USAttorney General.



'Lucky Larry'.

Silverstein and Lowy had originally been outbid by $50 million for the World TradeCenter lease by a company called Vornado, whose chief shareholder was the Jewishbusinessman, Bernard Mendik. He was Silverstein's former brother-in-law and theyhad fallen out big time after his divorce from Silverstein's sister.

Then Vornado, despite having the best bid, 'suddenly changed their minds' and

'suddenly pulled out' leaving the field free for Silverstein and Lowy. No wonder theycall him 'Lucky Larry'.

Weeks after Silverstein and Lowy presented their final bid for the WTC, Vornado'sBernard Mendik died after becoming 'suddenly ill'. So many 'suddenlys'.

Silverstein had breakfast every morning with his children in the Windows on theWorld Restaurant, more than 100 floors up in the North Tower, but none of themshowed on 9/11. Silverstein said he had a last minute 'dermatologist appointment'when in truth, as one his bodyguards has said privately, he had a phone call in his car

telling him to stay away from the World Trade Center that morning. He then got onhis car phone to tell his children.



'Where's Larry today?'

It was Silverstein who said in a television interview (which he now deeply regrets)that when another of his buildings in the World Trade Center complex, BuildingSeven or the Salomon Brothers Building, was on fire the decision was made to 'pull it'- the classic term for a controlled demolition.

Soon after this decision, the building, which had not been hit by a plane, did indeedcome down in a controlled demolition.

The problem with Silverstein's story is that it can take weeks to place the charges in abuilding like the 47-storey Building Seven to make it collapse in on itself as it did.How could the decision be made to 'pull it' and then down it comes?



Building Seven collapsed perfectly onto the land on which it stood - and that could only happen with a controlled demolition.

The charges were planted long before the official decision was made to 'pull it' and thewhole 9/11 scenario unfolded from a pre-planned script. The BBC announced on livetelevision that Building Seven had collapsed half-an-hour before it actually did

because the authorities released the 'news' too early.

Security at the World Trade Center was the responsibility of the Rothschild Zionist-owned Kroll Associates which has close links to the CIA and Mossad. Security at allthree airports involved on 9/11 was run by ICTS International / Huntsleigh USA,companies owned by Rothschild Zionists, Ezra Harel and Menachem Atzmon, anddominated by 'former' agents of Shin Bet, Israel's internal security service andcounter-intelligence agency that handles security for the Israeli airline, EL AL.



Rothschild Zionist-owned ICTS was also responsible for security at the Paris airportwhere the alleged 'shoe bomber', Richard Reid, boarded his plane to the United Statesand ICTS was providing the 'security' at Amsterdam airport when the underpantsbomber boarded his flight after paying cash for a high-priced last-minute ticket,boarded without checked baggage and, reportedly, even a passport. As a result,travellers are now being radiated in full-body scanners, of which more in a moment.



The CIA at the time of 9/11 was headed by George Tenet (Rothschild Zionist) and the'investigation' into the attacks was overseen by Assistant Attorney General, Michael

Chertoff (Rothschild Zionist), the son of an agent with the Israeli (Rothschild)enforcement agency, Mossad.



Chertoff co-authored the notorious Patriot Act which deleted basic rights andfreedoms on the justification of 9/11 (Problem-Reaction-Solution) and then becamethe second head of Homeland Security, an organisation also created on the back of 9/11.

Chertoff now runs his own company, the Chertoff Group, a 'risk management andsecurity consulting firm', which employs several senior colleagues from HomelandSecurity and also Michael Hayden, a former Director of the National Security Agencyand the CIA.

Chertoff was all over the TV networks after the engineered 'underpants bomber'incident urging the government to introduce full body radiation scanners, which theythen did. They are produced by one of the Chertoff Group clients, Rapiscan Systems.

The underpants bomber (well, more the burn-his-own-arse 'bomber') was, as I've said,allowed onto the plane despite a string of red flags, and apparently no passport,through a 'security' system operated by the Rothschild Zionist, ICTS.

The Pentagon at the time of 9/11 was controlled by people like Paul Wolfowitz(Rothschild Zionist), the Deputy Defence Secretary who went on to head the WorldBank; and Dov Zakheim (Rothschild Zionist), a dual Israeli/American citizen and thePentagon Comptroller who managed to 'lose' trillions from the Pentagon budget - afact that was announced on September 10th, 2001.

Anyone wonder why this announcement was not widely reported? Did somethinghappen the next day then? It had to be a coincidence, surely, they couldn't have known what was coming, could they??



Zakheim also wrongly classified squads of US F16 and F15 fighters as militarysurplus so they could be sold to Israel at a knock-down price (and bought withAmerican 'aid' money, anyway). This and other military sales (often gifts) means thatIsrael, with a population of just seven and a half million, has one of the biggest air

forces on the planet.

With love from Dov.

The Bush administration was famously controlled at the time of the September 11thattacks by the so-called 'neocons' or neoconservatives. These were led by a cabal of Rothschild Zionists like Richard Perle, Paul Wolfowitz, Dov Zakheim, Robert Kagan,Douglas Feith, Lewis 'Scooter' Libby, the disbarred American attorney and convictedfelon who was former 'advisor' to Dick Cheney, and William Kristol, editor of theRothschild Zionist neocon propaganda sheet, the Weekly Standard , owned at the timeby Rupert Murdoch (Rothschild Zionist).



Oh yes, and this gang also included Robert Zoellick, now head of the World Bank,who took over in that post from his neocon and Rothschild Zionist colleague, PaulWolfowitz.

I repeat - Jewish people make up only 1.7% of the American population and many of those are not Rothschild Zionists. The ratio to positions of power is simply fantasticand I am only highlighting here what you might call a 'headline list'. It goes much,much deeper - see for instance this list of Rothschild Zionists controlling ostensiblynon-Jewish organisations ...

The neocon leadership wrote to Bill Clinton urging him to attack Iraq before 9/11 andthey then went into overdrive to advocate the invasions of Iraq and Afghanistan afterthe World Trade Center attacks under Bush.

Interestingly, these same Rothschild Zionists, along with puppet Defence SecretaryDonald Rumsfeld and Vice-President Dick Cheney, both vehement supporters of Israel, launched a 'think tank' before Bush came to office called the Project for theNew American Century (PNAC)

In September 2000, this organisation published a document called Rebuilding America's Defenses: Strategies, Forces, and Resources For a New Century in which

they called for American forces to 'fight and decisively win multiple, simultaneousmajor theater wars' with emphasis on places like Iraq, Iran and North Korea.

But the document said that this '... process of transformation ... is likely to be a longone, absent some catastrophic and catalyzing event - like a new Pearl Harbor' to justify it to the people.

http://www.jewishtribalreview.org/coopt.htm








One year to the month after that document was published and nine months after mostof these Rothschild Zionists came to power in the Bush administration, America didindeed have 'a new Pearl Harbor' which was then used to justify the agenda laid out inthe document.

Coincidence? Of course not.

The Bush State of the Union address in 2002 which called Iraq, Iran and North Koreathe 'axis of evil' was written by the neocon, David Frum (Rothschild Zionist), nowsupporting the Rothschild Zionist front, No Labels, and was straight from the pages of the Project for the New American Century document.

The official 9/11 Commission 'investigation' into what happened that day was onlyforced upon Bush and Cheney kicking and screaming and the man they first appointedto head the Commission was Henry Kissinger (Rothschild Zionist).

This was so ludicrous and incredible that he resigned, citing 'conflicts of interest',which had never stopped him before.

But the 'investigation' and the final report was still overseen by Phillip Zelikow(Rothschild Zionist) and it decided that the official story was basically true afterfailing to interview or quote key witnesses that gave another version of events.

Phillip Zelikow: 'You mean it was supposed to be open, thorough and tell the truth? Henry didn't mention that.'



The federal judge assigned to deal with all wrongful death and personal injury casesfiled by the families of those who died on September 11th was Alvin K. Hellerstein(Rothschild Zionist) who has major family ties to Israel.

Attorney Kenneth Feinberg (Rothschild Zionist) oversaw the 9/11 victim'scompensation fund and 97 per cent of the families were persuaded to take the moneyin exchange for not pressing for an independent investigation of the September 11thatrocities.

Those that did demand an investigation or rejected the limitations of the compensationfund were dealt with through a 'special mediator', Sheila Birnbaum (RothschildZionist).

Feinberg (Rothschild Zionist) went on to become the 'Special Master' for TARPExecutive Compensation related to the bank bail outs, and is currently thegovernment-appointed administrator of the compensation fund for victims of the BPoil disaster in the Gulf of Mexico.

Kenneth Feinberg (Rothschild Zionist) - busy life.

Then there is the story of the five 'dancing Israelis' who were arrested after policereceived several calls from New Jersey residents outraged that 'middle-eastern' menwere high-fiveing, whooping and cheering as they videotaped the burning Twin

Towers.

'They were like happy, you know ... They didn't look shocked to me', one witnesssaid.

Police and FBI officers reportedly discovered maps of New York in the Israelis' whitevan with locations highlighted, and also $4,700 in cash hidden in a sock, foreign



passports, and box cutters of the type alleged to have been used by the 'Arabhijackers'.

It was further reported that sniffer dogs found traces of explosives in the van, whichbelonged to a Mossad front company called Urban Moving Systems owned by Israeli

Dominick Suter (Rothschild Zionist), who dropped everything (literally judging bythe haste the office was evacuated) and fled back to Israel immediately after theattacks.

The Forward , a Jewish newspaper, said the FBI found that at least two of the fivearrested Israelis were Mossad agents and that Urban Moving Systems was a Mossadfront operation.

The five were held for 71 days, but then released without charge and allowed to returnto Israel where three of them appeared on television to say that 'our purpose was todocument the event'.

Yes, an event they knew was going to happen.

Dr. Alan Sabrosky, former director of studies at the US Army War College, has saidpublicly says that US military leaders now know that Israel 'and those traitors withinour nation' were responsible for the 9/11 attacks (see his interview after this article).

Three of the 'dancing Israelis' on Israel television.



Rothschild Zionists Katz and Venzke provide 'intelligence' and Bin Laden videos for'security' agencies and the media, and Adam Gadahn, pictured at the top here, is analleged spokesman for 'Al Qaeda' who releases videos of himself supportingterrorism. His name is on the FBI 'most wanted' terrorist list.

How strange then that 'Adam Gadahn' turns out to be a Jewish man called AdamPearlman, grandson of Carl Pearlman, who served on the Board of the rabidRothschild Zionist Anti-Defamation League (ADL).

The Chairman of the US Homeland Security and Governmental Affairs Committee isSenator Joseph Lieberman (Rothschild Zionist) who, like the Rothschild cesspit ingeneral, is desperate to use the 'threat of terrorism' to censor the Internet to block thetruth from coming out.



Rothschild Zionists have kept exposure from the door, up to now, through ownershipof the mainstream media. Shahar Ilan, a daily features editor with the leading Israelinewspaper, Ha'aretz, wrote:

'The Jews [Rothschild Zionists] do control the American media. This is very clear,and claiming otherwise is an insult to common knowledge.'

Not only in America, either, and not only the 'news' media of Rothschild Zionistmoguls like Rupert Murdoch. The Los Angeles Times columnist, Joel Stein(Rothschild Zionist), wrote an article proclaiming that Americans who don't think Jews (Rothschild Zionists) control Hollywood are just plain 'dumb':

'I had to scour the trades to come up with six Gentiles in high positions at entertainment companies. But lo and behold, even one of that six, AMC President Charles Collier, turned out to be a Jew! ... As a proud Jew, I want America to know of our accomplishment. Yes, we control Hollywood.'



I emphasise again that we are not talking here about 'the Jews' owning the media,Hollywood, politics, banking and big business, but a tiny clique answering ultimatelyto the secret society that I call Rothschild Zionism.

The mass of Jewish people have been mercilessly used and abused by the Rothschildnetworks that don't give a damn about them. They are not pursuing what is best forJewish people as a whole, but what suits the Rothschild conspiracy for globaldomination on behalf of their hidden masters.

The Rothschilds and their Zionist secret society web control American governmentpolicy on Israel and everything else - and it's the same in Britain and country aftercountry, including France, Germany (of course), Italy, Belgium and the EuropeanUnion, which was a Rothschild creation from the start.

Obama's first major speech on the Middle East in 2008 was, according to the WallStreet Journal, written for him by James Steinberg (Rothschild Zionist), Daniel



Kurtzer (Rothschild Zionist) and Dennis Ross (Rothschild Zionist). It was delivered tothe Rothschild Zionist lobby group, the American Israel Public Affairs Committee(AIPAC).

Any chance of it being biased against the Palestinians, do you think?

The man appointed to oversee the war in Afghanistan and the targeting of Pakistanwas Richard Holbrooke (Rothschild Zionist), Obama's 'Special Representative' forAfghanistan and Pakistan who died in December 2010.

Holbrooke served the Rothschild Zionist cabal in positions of 'diplomacy' from theVietnam war to the conflict in Afghanistan, taking in posts as a special envoy to theBalkans before and during the war in the former Yugoslavia; as United NationsAmbassador; as the man given responsibility for selling the Aids agenda, and so muchmore.



It is the Rothschilds' duel control of America and Israel that has led to astonishingamounts of American tax dollars being transferred to Israel in military and financial'aid'. One arm of the Rothschilds is simply giving it to another.

John J. Mearsheimer and Stephen M. Walt write in their book, The Israel Lobby and

U.S. Foreign Policy:

'Israel receives about $3 billion in direct foreign assistance each year, which isroughly one-fifth of America's entire foreign aid budget. In per capita terms, theUnited States gives each Israeli a direct subsidy worth about $500 per year.

This largesse is especially striking when one realizes that Israel is now a wealthy



industrial state with a per capita income roughly equal to South Korea or Spain.'

The US House of Representatives recently approved another $205 million in militaryaid for Israel for an 'anti-missile' system. 'When it comes to defense, military, andintelligence cooperation, the relationship between the US and Israel has never been

stronger', said Democrat Representative Steve Rothman (Rothschild Zionist), amember of the House Appropriations Defense Subcommittee.

As he spoke, the Israeli authorities were using their American-supplied military mightto continue the blockade of the Gaza Strip which has been stopping supplies of food,fuel and basic needs for 1.5 million Palestinians since 2007.

I have set out here to reveal the true face of Zionism - the House of Rothschild and itsnetworks - and how its agents in Big Government, Big Banking, Big Business, BigPharma, Big Biotech, Big Media and so on, are working as one unit to impose aglobal Orwellian dictatorship on the human population - including the mass of Jewishpeople.

Zionism is a subject that all but a few are either too ignorant or too frightened totackle and expose, but it must be made public and the web dismantled if globaltyranny is to be avoided in the very near future.

In fact, it's not even about the 'future'; the tyranny is already here and it is just a caseof how deeply we are going to allow ourselves to be enslaved by it.

The Rothschilds have spent a century hiding the true and ever-gathering extent of



their global control and that veil must be lifted for the mass of the people to see.

I should also stress that when I say 'Rothschild', I don't only mean those called'Rothschild', nor even all of the people who are known by that name. There are manyin the Rothschild family and its offshoots who have no idea what the hierarchy is

doing and there are many 'Rothschilds' who don't carry the name itself.

When I say 'Rothschild', I am referring to the Rothschild bloodline because, as I havedetailed in my books, they have long had breeding programmes that produce offspringthat are brought up under other names.

So when these people come to power, they carry the Rothschild genetics and answerto their control system, but they are not officially called 'Rothschild', and in this waythe scale of the Rothschild infiltration of government, finance and so on remainshidden behind an army of offspring known by different names.

It is time to put the Rothschilds on public display because that's the last place theywant to be. They have operated from the shadows for long enough and we musturgently ensure that those days are over.

Former Director of US Army War College Says 'Military Know Israel Carried

out 9/11 Attacks'



Ex Director of US Army War College States 'Military Know

Israel Carried out 9/11 Attacks'

Friday, 10 December 2010 08:54

Adobe Flash Player

Wall Street's Pentagon Papers: Biggest Financial Scam In World History

Rothschild Zionist Bernard Bernanke

---------------------------------------------------------------------

What if the x US ‘ ? D ? T‘

I understand the importance of the new WikiLeaks documents. However, we must not let themdistract us from the new information the Federal Reserve was forced to release. Even if WikiLeaks reveals documents from inside a large American bank, as huge as that could be, itwill most likely pale in comparison to what we just found out from the one-time peek we got intothe inner-workings of the Federal Reserve. This is the Wall Street equivalent of the PentagonPapers.

http://www.davidicke.com/headlines/41830-ex-director-of-us-army-war-college-states-military-know-israel-carried-out-911-attacks



http://www.addthis.com/bookmark.php?v=20






I‘ W S T of fraud, from top to bottom, has been staggering. The lack of accountability and the completedisregard for the rule of law have made me and many of my colleagues extremely cynical and jaded when it comes to new evidence to pile on top of the mountain that we have alreadygathered. But we must not let our cynicism cloud our vision on the details within this new

information.

J I ‘ …

We were finally granted the honor and privilege of finding out the specifics, a limited one-time R x ― ‖ T ― ‖ $1TRILLION in taxpayer money – $ $9 ― ‖

Wait, what? Did you say $12.3 TRILLION tax dollars were thrown around in secrecy by

… ‘ ?

Yes. The Founding Fathers are rolling over in their graves. The original copy of the Constitutionspontaneously burst into flames. The ghost of Tom Paine went running, stark raving madscreaming through the halls of Congress.

The Federal Reserve was secretly throwing around our money in unprecedented fashion, and it‘ j G S JP M etc.; it was to the entire Global Banking Cartel. To central banks throughout the world: Australia,Denmark, Japan, Mexico, Norwa S K S Sz … T ‘foreign primary dealers like Credit Suisse (Switzerland), Deutsche Bank (Germany), Royal Bank

S UK UK NP P … Pz ―‖ he Racketeer Influenced and Corrupt Organizations got their cut.

T R! S …

I U S ‘ banana republic, the final verdict was just delivered and the decision was unanimous. The ayeshave it.

Any fairytale notions that we are living in a nation built on the rule of law and of the globaleconomy being based on free market principles has now been exposed as just that, a fairytale.

This moment is equivalent to everyone in Vatican City being told, by the Pope, that God is dead.

I‘ j W S elaborate Ponzi schemes, as have many other people who built their beliefs on rational thought,reasoned logic and evidence. We already came to this conclusion by doing the research andconnecting the dots. But now, even our strongest skeptics and the most ardent Wall Streetsupporters have it all laid out in front of them, on FEDERAL RESERVE SPREADSHEETS.

http://www.federalreserve.gov/newsevents/reform_transaction.htm






Even the Financial Times, which named Lloyd Blankfein its 2009 person of the year, reacted by : ―T ‖

‘ G

the illusion continues to hold power. How is this possible?

T US ―‖ j over the whole thing – nothing to see here, just move along, back after a message from our… O I‘ z R‘ p their headaround it and comprehend what has happened here.

Think about it. In just this one peek we got at its operations, we learned that the Fed doled out$12.3 trillion in near-zero interest loans, without Congressional input.

The audacity and absurdity of it all is mind boggling…

I‘ ‘comprehend how much a trillion dollars is, let alone 12.3 trillion. You might as well just say 12.3z ‘t grasp a number that large, nor do they understand what would bepossible if that money was used in other ways.

$1 ? T …

P ‘ mitted because they keep hearing the word―‖ P

big deal.

T‘ T $1 -zero interest loans, usingthe American people as collateral, demanding nothing in return, other than a bunch of toxicassets in some cases. They only gave this money to a select group of insiders, at a time whenvery few had any money because all these same insiders and speculators crashed the system.

Do you get that? The very people most responsible for crashing the system, were then rewardedwith trillions of our dollars. This gave that select group of insiders unlimited power to seizecontrol of assets and have unprecedented leverage over almost everything within their economies – crony capitalism on steroids.

This was a hostile world takeover orchestrated through economic attacks by a very small groupof unelected global bankers. They paralyzed the system, then were given the power to recreate itaccording to their own desires. No free market, no democracy of any kind. All done in secrecy.In the process, they gave themselves all-time record-breaking bonuses and impoverished tens of millions of people – they have put into motion a system that will inevitably collapse again andutterly destroy the very existence of what is left of an economic middle class.

http://jessescrossroadscafe.blogspot.com/2009/12/financial-times-man-of-year.html






That is not hyperbole. That is what happened.

We are talking about trillions of dollars secretly pumped into global banks, handpicked by asmall select group of bankers themselves. All for the benefit of those bankers, and at the expense P ‘

that it entails, which we have only just begun to experience.

Let me sum it up for you: The American Dream is O-V-E-R.

Welcome to the neo-feudal-fascist state.

People throughout the world who keep using the dollar are either A) Part of the scam; B)Oblivious to reality; C) Believe that US military power will be able to maintain the value of anotherwise worthless currency; D) All of the above.

No matter which way you look at it, we are all in serious trouble!

If you are an elected official, (I know at least 17 of you subscribe to my newsletter) and youbelieve in the oath you took upon taking office, you must immediately demand a full audit of theFederal Reserve and have Ben Bernanke and the entire Federal Reserve Board detained. If you ―I P‖ tattooed across yourforehead.

Yes, those are obviously strong words, but they are the truth.

The Global Banking Cartel has now been so blatantly exposed, you cannot possibly get awaywith pretending that we live in a nation of law based on the Constitution. The jig is up.

I‘ ; crisis? Our economy has been looted and burnt to the ground due to the strategic, deliberatedecisions made by a small group of unelected global bankers at the Federal Reserve. Do peoplereally not get the connection here? I mean, H.E.L.L.O. Our country is run by an unelected GlobalBanking Cartel.

I am constantly haunted by a quote from Harry Overstreet, who wrote the following in his 1925groundbreaking study Influencing Human Behavior : ―G ‖ ― disapp‖

T O‘ N …

Here‟s a roundup of reports on this BernankeLeaks:

Prepare to enter the theater of the absurd…

http://daviddegraw.org/2010/09/the-global-banking-cartel/



http://books.google.com/books?id=KEcBIPpSBNsC&pg=PA197&lpg=PA197&dq=Influencing+Human+Behavior,+an+enterprise+fraught+with+a+surprising+amount+of+disappointment&source=bl&ots=UAf6ogk-rf&sig=dvmL0F7iKdCQFSU9CLZj_1NxHec&hl=en&ei=K-H5TLWbMoLGlQfF9djR







I‘ S S I-Vermont). He was the senator who Bernanke blew off when he was asked for information on this heist during a congressional hearing. Sanders fought ―‖ -time peek into ‘ ions. (Remember, remember the 6th of May, HFT, flash crash andterrorism ―H D H Sy is on the phone! They want to ask you questions

about some NYSE SLP program‖

In an article entitled ― R J-D R‖ S S some of the details:

At a Senate Budget Committee hearing in 2009, I asked Fed Chairman Ben Bernanke to tell theAmerican people the names of the financial institutions that received an unprecedented backdoorbailout from the Federal Reserve, how much they received, and the exact terms of this assistance.H … …

After years of stonewalling by the Fed, the American people are finally learning the incredible

and jaw- ‘ -trillion-dollar bailout of Wall Street and corporate…

W $7 W S … compared to the trillions and trillions of dollars in near-zero interest loans and other financial R j …

Perhaps most surprising is the huge sum that went to bail out foreign private banks andcorporations including two European megabanks — Deutsche Bank and Credit Suisse — which ‘ - …

Has the Federal Reserve of the United States become the cen ?… [Global Banking Cartel]

What this disclosure tells us, among many other things, is that despite this huge taxpayer bailout,the Fed did not make the appropriate demands on these institutions necessary to rebuild oureconomy an …

What we are seeing is the incredible power of a small number of people who have incredibleconflicts of interest getting incredible help from the taxpayers of this country while ignoring theneeds of the people. [read more]

I ―T L W S‖ :

The Federal Reserve audit is full of frightening revelations about U.S. economic policy and those … j x companies into the ground were allowed to keep their jobs, and shareholders who had placed badbets on their firms were allowed to collect government largesse, as bloated bonuses began payingout soon after.

http://ampedstatus.com/high-frequency-terrorism-how-the-big-banks-and-federal-reserve-maintained-their-death-grip-over-the-united-states





http://www.huffingtonpost.com/rep-bernie-sanders/a-real-jaw-dropper-at-the_b_791091.html








But the banks themselves still faced a capital shortage, and were only kept above those criticalcapital thresholds because federal regulators were willing to look the other way, letting banksaccount for obvious losses as if they were profitable assets.

S ‘

telling the truth when he told Congress on March 3, 2009, that there were no zombie banks in theUnited States.

―I ‘ j US z ‖

As Bernanke spoke those words banks had been pledging junk bonds as collateral under Fed …

This is t ‘ families who have never missed a payment, because rushing to foreclosure generates lucrativefees for the banks, whatever the costs to families and investors. This is, in fact, far worse than

what Paul Krugman predicted. Not only are zombie banks failing to support the economy, theyare actively sabotaging it with fraud in order to make up for their capital shortages. Meanwhile,regulators are aggressively looking the other way.

The Fed had to fix liquidity in 2008. That was its job. But as major banks went insolvent, the Fedand Treasury had a responsibility to fix that solvency issue — even though that meant requiringshareholders and executives to live up to losses. Instead, as the Fed audit tells us, policymakersknowingly ignored the real problem, pushing losses onto the American middle class in the ‖ [read more]

Even the Financial Times is jumping ship:

S S ‘ R S

It took two years, a hard- … Reserve disclosed the details of its financial crisis lending programs. The initial reactions wereshock at the breadth of lending, particularly to foreign firms. But the details paint a bleaker, … onclusion from the data is… people have realized. [read more]

I ‘ I ―

Withholds Collateral Data for $885 Billion in Financial- L‖ icing on the cake:

‘ x of collateral it accepted by asset type and rating, without specifying individual securities. Amongthem was the Primary Dealer Credit Facility, created in March 2008 to provide loans to brokersas Bear Stearns Cos. collapsed.

http://blogs.alternet.org/speakeasy/2010/12/02/the-fed-lied-about-wall-street/?utm_source=feedblitz&utm_medium=FeedBlitzRss&utm_campaign=alternet



http://www.ft.com/cms/s/6ea84d76-fe54-11df-abac-00144feab49a,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2F6ea84d76-fe54-11df-abac-00144feab49a.html&_i_referer=#ixzz17AzzTNDr







―T -‖ R economist at Cumb I S ―I ? T ‗N‘ in and look at the individual amounts of collateral and how it was broken down to do that. Andthat is the spirit of what the requirements were in Dodd-‖ [read more]

See also:

Fed Data Dump Reveals More Contradictions About its $1.25 Trillion MBS Purchase Program

Fed Data Dump Reveals More Contradictions About its $1.25 Trillion

MBS Purchase Program

Submitted by EB on 12/03/2010 12:35 -0400

Ben Bernanke

Blackrock

Counterparties

Federal Reserve

Monetary Policy

New MBS

PIMCO

Ron Paul

Reprinted from EconomicPolicyJournal.com

Following up on the new Fed document dump, our latest find is an aparentdeception by the Fed about its MBS purchases. To wit, the Fed's new MBS page states as follows

(brackets ours):

"Outright [MBS] purchases were conducted via competitive bidding to ensure that trades

were executed at market rates."

http://www.bloomberg.com/news/2010-12-01/taxpayer-risk-impossible-to-know-for-some-fed-financial-crisis-programs.html



http://www.zerohedge.com/article/fed-data-dump-reveals-more-contradictions-about-its-125-trillion-mbs-purchase-program?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+ra


http://www.zerohedge.com/users/eb



http://www.zerohedge.com/taxonomy_vtn/term/304
















http://english.economicpolicyjournal.com/



http://www.federalreserve.gov/newsevents/reform_mbs.htm


















Here's what a paper says entitled "Large-Scale Asset Purchases by the Federal Reserve / Did

They Work?", written in part by NY Fed SOMA Manager, Brian Sack (emphasis ours):

Because the MBS purchases were arranged with primary dealer

counterparties directly, there was no auction mechanism to provide a measure of

market supply . Instead, the pace of purchases of each class of MBS was adjusted in response

to measures of whether that class appeared relatively cheap or expensive. To avoid buying at

excessively high prices and to support market functioning, purchases were increased when

market liquidity was good and were reduced when liquidity was poor .

Now we recognize the Fed has the tiniest bit of weasel room here because the terminology is

slightly different and, in fact, the Fed is in the business of weasel phrasing, but it seems at the

very least disingenuous to now claim that MBS securities were purchased via "competitive

bidding" when no "auction mechanism" was used and they were arranged "directly" with the

primary dealers.

According to the Brian Sack paper, it was market liquidity itself based on class-wide evaluation

that was used to avoid paying excessively high prices (i.e., attempting to execute at market

rates), and not any sort of competitive bid procedure (even if it were not an outright auction).

Also, note that "high prices" devoid of the "excessively" qualifier might be deemed a-okay by the

NY Fed.

So just what was the nature of this "competitive bidding" process that the NY Fed now says was

followed? Perhaps there was merely a fuzzy price discovery process followed by a conference call

and subjective award of the transaction at a mutually agreed upon price. Hardly soundscompetitive, though.

Here's another thought: the new Fed statement is in the context of outright Fed purchases, so

that those "bidding" would actually be the various investment managers acting on behalf of the

NY Fed (e.g., Pimco, BlackRock, Wellington & Goldman). The primary dealers (also including

Goldman) would be "offering". Thus, it may be that the Fed is imputing it paid market prices

based on its own hired managers competing for the MBS assets of the PDs (did we point out that

Goldman was on both sides?). That this would result in market prices being paid is facially

absurd.

Either way, there are some questions to be answered next time Bernanke gets in front of Ron

Paul. It would behoove incoming House Speaker John Boehner not to attempt to block

Paul's ascendancy to the Domestic Monetary Policy Chair.

http://www.ny.frb.org/research/staff_reports/sr441.pdf




http://www.economicpolicyjournal.com/2010/12/alert-elitist-bankers-and-congressional.html










Fed Created Conflicts in Improvising $3.3 Trillion Financial System Rescue

Fed Loans Hatched in Bathroom Halted Money-Market Run

By Bob Ivry, Christine Richard and Christopher Condon - Dec 3, 2010 5:53 PM GMT+0200

A recreational vehicle owned by Deborah A. Cunningham, chief investment officer of FederatedInvestors Inc., stands at Beaver Stadium in State College, Pennsylvania. Source: Deborah A.Cunningham via Bloomberg

Deborah A. Cunningham, the manager of $261 billion at Federated Investors Inc., was squeezed ‘ $6 market industry.

Cunningham was on the phone with Federal Reserve officials in Boston, New York and

Washington. Outside, in the Pennsylvania State University stadium parking lot in State College,football fans were preparing for a game against Temple University.

―I I ‖ ―P re drinking beer. They kept ‗I ‘‖

The solution Cunningham helped craft on Sept. 20, 2008, was a bailout for money market funds,which were created as safe investments that could be easily cashed out. The Fed put the facilityinto effect two days later. At its peak in October 2008, it provided $152 billion to stem acustomer run sparked by the Sept. 15 bankruptcy of Lehman Brothers Holdings Inc.

T ‘ ‘ e 2007-2008 financialcrisis show how the central bank employed companies to help design or run programs they coulduse to their benefit. Federated tapped the money- market rescue for $8.89 billion, according toFed data. Pacific Investment Management Co. and BlackRock Inc. ‘ Fed, they were also trading securities they helped value, the Fed data show.

No Choice

http://www.bloomberg.com/news/2010-12-03/fed-created-conflicts-in-improvising-3-3-trillion-financial-system-rescue.html


http://search.bloomberg.com/search?q=Deborah%20A.%20Cunningham&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1&partialfields=-wnnis:NOAVSYND&lr=-lang_ja


http://www.bloomberg.com/apps/quote?ticker=FII:US



http://live.psu.edu/image/22361



http://www.bloomberg.com/apps/quote?ticker=BLK:US










―T‘ ‖ d David Castillo, senior managing director at FurtherL S S ―I‘ ‘ ‘ Q ‘ T the exper‖

In compliance with the Dodd-Frank financial overhaul law, the Fed on Dec. 1 identified theinstitutions that used $3.3 trillion of improvised rescue programs. The 21,000 transactions in 11initiatives included the money-market plan Cunningham helped devise, known as the AMLF, short for its 10-word formal name, the Asset-Backed Commercial Paper Money Market MutualFund Liquidity Facility.

In its scramble to keep the economy from collapsing, the Fed also created the Commercial PaperFunding Facility, or CPFF, which tried to ensure that banks and industrial companies had theshort-term loans they needed to fund everyday operations. General Electric Co., then the biggestissuer of commercial paper, met with Treasury and Fed officials in the days before they createdthe CPFF.

„Unintended Consequences‟

Later, the Fed set up the Term Asset-Backed Securities Loan Facility, or TALF, to keepconsumer credit flowing. I P ‘ R ‘ November 2010 report ‘ O I G

― x ‖ KurtBardella, spokesman for Representative Darrell Issa, the California Republican who will become H O G R x ―T

brings into focus one of the unintended consequences of institutionalizing the federalgovernment picking winners and losers while those entities are partaking directly and indirectly x ‖

Breaking the Buck

‘s restroom after the Lehman Brothersbankruptcy filing panicked investors, who pulled $230 billion from money-market accounts. The$62.5 billion Reserve Primary Fund, which held $785 million of loans to Lehman Brothers,became the biggest money-market fund 14 ― ‖ value of a share fell below $1 and investors faced losses.

Money funds were the main buyers of commercial paper. During the panic, they had to sell off assets to pay investors who demanded their T ‘ commercial paper that corporations needed to pay for things such as payroll and utility bills. Inless than a day, the credit crunch had spread to industrial companies.

http://search.bloomberg.com/search?q=David%20Castillo&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1&partialfields=-wnnis:NOAVSYND&lr=-lang_ja



http://www.newyorkfed.org/markets/Forms_of_Fed_Lending.pdf



http://www.bloomberg.com/apps/quote?ticker=FARWOLAB:IND



http://www.ny.frb.org/markets/cpff.html




http://www.federalreserve.gov/newsevents/reform_talf.htm



http://www.federalreserve.gov/oig/files/FRS_Lending_Facilities_Report_final-%20%20proof_Nov16_10.pdf%20%20http:/www.federalreserve.gov/oig/files/FRS_Lending_Facilities_Report_final-%20%20proof_Nov16_10.pdf



http://search.bloomberg.com/search?q=Kurt%20Bardella&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1&partialfields=-wnnis:NOAVSYND&lr=-lang_ja




http://search.bloomberg.com/search?q=Darrell%20Issa&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1&partialfields=-wnnis:NOAVSYND&lr=-lang_ja















By Wednesday, Sept. 17, officials at the Fed and the Treasury Department were focused onfinding a solution for money funds, says Phill Swagel, who was assistant Treasury secretary foreconomic policy.

Swagel testified to Congress that morning on the deteriorating housing market and returned to

the Treasury building around midday, he said. After eating a tuna sandwich, he was onconference calls with Fed officials the rest of the afternoon and late into the night.

„Not Normal Policy‟

Two days later, on Sept. 19, the Treasury announced that for a fee it would insure money marketfunds against investor losses.

―I‘ ‖ S Georgetown Uni‘ MD S W ―W ‘ ‘

‘ ‘ ‖

While the Treasury measure slowed the pace of withdra ‘ -market fundsturn assets into cash fast enough to pay investors who wanted out. Putnam Investments LLCclosed its $12.3 billion Putnam Prime Money Market Fund on Sept. 17 after investors asked for ‘ y. Managers of the Boston-based firm faced the prospect of selling assets in a distressed market, which would cause the fund to break the buck.

Federated‟s Fund Takeover

‘ Federated, based in Pittsburgh, was prepared to take over the assets of the Putnamfund, issuing investors shares in its $22.1 billion Prime Obligations Fund, she said. To make thetakeover work, Federated needed to pay off all the Putnam investo ‘ money, she said. For that, she turned to the Fed.

―W ‖

The AMLF, the bailout that Cunningham helped design, provided cash for banks to buy asset-backed commercial paper from money market funds. This made it possible for the funds to avoidselling at a discount, and the Fed agreed to take the risk of defaults, guaranteeing a profit for the

banks when the loans were repaid.

„Single Most Successful‟

W ― ‖ $1billion in assets of the Putnam fund on Sept. 24, 2008, according to spokeswoman MeghanMcAndrew. About half the investors redeemed their shares within a week, she said. That meant

http://search.bloomberg.com/search?q=Phill%20Swagel&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1&partialfields=-wnnis:NOAVSYND&lr=-lang_ja



http://www.ustreas.gov/press/releases/hp1147.htm






http://search.bloomberg.com/search?q=Meghan%20McAndrew&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1&partialfields=-wnnis:NOAVSYND&lr=-lang_ja











the deal brought Federated, the third-biggest U.S. money market company, about $6 billion inassets at no cost.

‘ Prime Obligations Fund now holds $47 billion of assets, more than double theamount before the transaction. In a deal announced July 16, Federated will pay as much as $38.8

million over five years to acquire $17 billion in money fund assets from SunTrust Banks Inc.

― P ‖ ―P I ‘t really help Federated except ‖

All AMLF loans have been repaid, and the facility generated $543 million in interest, accordingto a Fed report.

Commercial Paper

―T ML ‖said Peter Crane, president of Crane Data LLC, a money-fund research firm in Westborough,M ―I involved, you have no choice but to go to the experts, and the experts will be self- interested ‖

W ML z ‘ That left issuers without their biggest group of customers and unable to roll over short- term debtas it matured. At 5:45 p.m. on Monday, Sept. 15, GE Chief Executive Officer Jeffrey R. Immelt met for half an hour with Treasury Secretary Henry M. Paulson Jr. ‘

P‘

An hour and 15 minutes later, Federal Reserve Bank of New York President Timothy F.Geithner ―G ‖ H Paulson conferred by phone afterward.

O O 1 G‘ I member of the New York Fed, a position he still has today. GE spokesman Gary Sheffer said the ‘ I‘ N ‘ H I‘

Reviving Securitization

Less than a month later, the Fed created a bailout of the commercial paper market. A specialentity called CPFF LLC, funded by the Fed, bought commercial paper from companies. Theyincluded GE, which tapped the facility 12 times for $16.1 billion, the Fed disclosed this week.

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http://search.bloomberg.com/search?q=Peter%20Crane&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1&partialfields=-wnnis:NOAVSYND&lr=-lang_ja



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Assistance to companies, which also included Toyota Motor Corp. ($4.6 billion), Harley-Davidson Inc. ($2.3 billion) and Verizon Communications Inc. ($1.5 billion), topped out at$348.2 billion on Jan. 21, 2009, according to the Fed. The program had no defaults and gained$61 ‘ I G

Creation of TALF

In November 2008, the Fed set out to revive the market for bonds backed by consumer and smallbusiness loans. That market froze as an unprecedented number of defaults made assets backed bymortgages impossible to value. Wall Street had fueled lending by bundling mortgages into bondsusing an innovation known as securitization.

―W ‘ acity to essentially replace the capacity z ‖ William C. Dudley, who headed the New York ‘ M G ‘ ―W the best way forward would be to try and restart the securitization market, rather than just sit

‖

On Nov. 25, 2008, the Fed created the Term Asset-Backed Securities Loan Facility, or TALF,which allowed investors to borrow from the Fed as much as 95 cents of every dollar invested inFed-approved asset-backed securities. Investors also retained the option of turning the securitiesover to the Fed if they fell in value.

Pimco, BlackRock

The New York Fed hired Pimco, based in Newport Beach, California, to value collateral,

monitor the credit risk of TALF participants and assess the securities market, according to theI G‘ report. BlackRock Solutions, a unit of New York-based BlackRock , said itwas brought on to supply analytical help on the securities.

W I G‘ tasks creates the potential for conflicts of interest.

―I the inner workings of the third- ‘ ‖ James Harrington, who oversaw TALF investing at his former employer, Ryan LabsAsset Management in New York. Investors were required to buy securities without knowingwhether the Fed would accept them for the program. The value of bonds rejected by the Fed

―I ‘ ‖ H ington said.

Ford Deal

Pimco and BlackRock also participated in TALF as borrowers on behalf of clients, along withother financial companies. Pimco tapped TALF 96 times between April 2009 and March 2010for a total of $7.26 billion, according to Fed data. Ten funds connected to BlackRock Financial

http://www.bloomberg.com/apps/quote?ticker=TM:US



http://www.bloomberg.com/apps/quote?ticker=HOG:US




http://www.bloomberg.com/apps/quote?ticker=VZ:US



http://search.bloomberg.com/search?q=William%20C.%20Dudley&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1&partialfields=-wnnis:NOAVSYND&lr=-lang_ja









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http://www.newyorkfed.org/markets/talf.html














Management Inc., another unit of BlackRock, borrowed a total of $2.8 billion for clients, the Feddisclosed.

On the first day of the program, Pimco put up $22 million and borrowed $292 million from theFed to buy $314 million of bonds backed by Ford Motor Co. auto loans. The fund borrowed

from the Fed at the London interbank offered rate plus 100 basis points, or 1 percentage point,and purchased securities yielding Libor plus 250 basis points, or 2.5 percentage points. Thereturn was about 23 percent a year for investing in securities with the highest credit ratings and aFederal Reserve backstop.

The Pimco advisory team serving as a TALF collateral monitor for the New York Fed is subject ― ‖ strategies or decisions, said Mark Porterfield, a Pimco spokesman.

„We Have Concerns‟

BlackRock also participated in the initial Ford deal, purchasing $275 million of the samesecurities as Pimco, using $256 million borrowed through TALF, according to the Fed. SinceFebruary, when BlackRock Solutions was hired, BlackRock Financial Management borrowed$248 million to invest in a total of 13 commercial mortgage-backed securities deals.

T R‘ Bobbie Collins, a BlackRock spokeswoman. BlackRock Solutions was a collateral monitor providing analytical services forTALF, while BlackRock Financial Management tapped the program on behalf of clients, shesaid. The two units are separate businesses with strict information barriers in place, she said.

Firms helping to price hard-to-sell assets could overvalue them to raise the value of their own

assets or those of their clients, said Michael Smallberg, an investigator with the Project onGovernment Oversight, an independent Washington watchdog group.

―W x‖ S ― ‖

Conflict Review

T N ― ‖ TL separating workers, approving staff, restricting personal investments and conducting on-site

audits of the controls, said Deborah Kilroe, a bank spokeswoman.

The Insp G‘ TL ― - ‖ N ‘ ― -of- ‖

Neither P R T ‘ policies or approve or reject collateral, according to the Fed.

http://search.bloomberg.com/search?q=Mark%20Porterfield&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1&partialfields=-wnnis:NOAVSYND&lr=-lang_ja



http://search.bloomberg.com/search?q=Bobbie%20Collins&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1&partialfields=-wnnis:NOAVSYND&lr=-lang_ja



http://www.pogo.org/




http://search.bloomberg.com/search?q=Deborah%20Kilroe&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1&partialfields=-wnnis:NOAVSYND&lr=-lang_ja



http://www.newyorkfed.org/markets/talf_faq.html











―I ‖ Dean Baker, co-director of P R W ―W Tquestion is whether we had insiders deciding who would get the candy or was everyone in thesame boat? Think of the people who get upset about the government giving a homeowner some N 1 W ‖

To contact the reporters on this story: Bob Ivry in New York at [email protected]; ChristineRichard in New York at [email protected]; Christopher Condon in Boston [email protected].

To contact the editors responsible for this story: Gary Putka at [email protected]; AlanGoldstein at [email protected].

Meet The 35 Foreign Banks That Got Bailed Out By The Fed ‘ S G

H‘ US TV ―‖ of this, enterDylan Ratigan, with his guest Chris Whalen from Institutional Risk Analytics. This quote fromW : ―T … ors and they let the real economy go to‖

T P‘ Matthew Rothschild has a g : ―T ‖

Matt Stoller on NewDeal 2.0:

End This Fed

The Fed, and specifically the people who run it, are responsible for declining wages, for de-industrialization, for bubbles, and for the systemic corruption of American capital markets. The ‘ … W

http://search.bloomberg.com/search?q=Dean%20Baker&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1&partialfields=-wnnis:NOAVSYND&lr=-lang_ja



http://search.bloomberg.com/search?q=Bob%20Ivry&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1&partialfields=-wnnis:NOAVSYND&lr=-lang_ja



mailto:[email protected]



http://search.bloomberg.com/search?q=Christine%20Richard&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1&partialfields=-wnnis:NOAVSYND&lr=-lang_ja







http://search.bloomberg.com/search?q=Christopher%20Condon&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1&partialfields=-wnnis:NOAVSYND&lr=-lang_ja











http://www.zerohedge.com/article/meet-35-foreign-banks-got-bailed-out-fed-and-just-cpff-banks


http://www.huffingtonpost.com/mary-bottari/ben-bernankes-secret-glob_b_790986.html


http://www.progressive.org/wx120310.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+progressivefeed+%28The+Progressive+Main+Feed%29


















a lack of public trust and a vulnerability to any form of critic. The Fed is now less respected than IRS… L monetary independence, and cease seeing this Federal Reserve as a legitimate actor. At the veryleast, we need to begin noticing that these people do in fact run the country, and should not. [readmore]

In case anyone is confused into believing that this is just another right vs. left partisan issue,enter Fox Business host Judge Andrew Napolitano with his guest Republican Congressman RonPaul, who is, of course, a longtime leading Fed critic. Paul hopes to see some Wikileaks on theFederal Reserve:

T S R‘ brothermoney manager BlackRock:

Federal Reserve Loan Program Allowed Bank of America to Benefit Twice

Bank of America was one of several banks that was able to play both sides of a Federal Reserveprogram launched during the 2008 financial crisis. While Bank of America was selling its assetsto firms obtaining loans through the Fed program, the investment firm BlackRock — partiallyowned by Bank of America — was potentially turning a profit by using those loans to buy assetssimilar to those sold by Bank of America. [read more]

Gretchen Morgenson at the New York Times jumps into the act:

S T‘ W M W

How the truth j…

‘ ? T‘ W T American Institute for Economic Research, is asking.

Mr. Todd, a former assistant general counsel and research officer at the Federal Reserve Bank of ‘ before the Dodd-Frank regulatory reform law was even written.

―T ‘ D-Frank bill over all might have ‖

―H been out there, I think Congress would have either said no to emergency ‘ — half a trillion dollars ‖ [read more]

W ― :‖

T O ― :‖ $9 18

http://www.newdeal20.org/2010/12/01/end-this-fed-28595/




http://blog.sunlightfoundation.com/2010/12/02/federal-reserve-loan-program-allows-bank-of-america-to-benefit-twice/



http://www.nytimes.com/2010/12/05/business/05gret.html?ref=gretchen_morgenson









What the report shows is that the Fed operated as a global pawnshop taking in practicallyanything the banks had for collateral. What is even more disturbing is that the Federal Reservedid not enact any punitive charges to these borrowers so you had banks like Goldman Sachsutilizing the cri T ―x ‖ US T

‘ uel that set off thebiggest global housing bubble ever witnessed by humanity. [read more]

―N ‖ G ashes the truth:

Fed report lifts lid on Great Bank Heist of 2008-2009

The banks and corporations that benefited were not even obliged to provide an account of whatthey did with the money. The entire purpose of the operation was to use public funds to cover thegambling losses of the American financial aristocracy, and create the conditions for thefinanciers and speculators to make even more money.

1 ‘ j ‘ secret. The unelected central bank operated without any congressional mandate or oversight.

The documents shed light on the greatest plundering of social resources in history. It was carriedout under both the Republican Bush and Democratic Obama administrations. Those whoorganized the looting of the public treasury were long- W S : ‘treasury secretary and former Goldman Sachs CEO Henry Paulson and the then-president of the N R T G…

The Fed documents show that the US central bank enabled banks and corporations to offload ‘ N the dollar anda default by the US government, the American people are being told they must sacrifice toreduce the national debt and budget deficit.

―‖ impoverishme-cutting, mass unemployment, cuts in health care, Social Security,Medicare, Medicaid, etc.

The very scale of the Fed bailout points to the scale of the financial crash and the criminality that … T US n a huge Ponzi scheme that was bound to

…

The banks were able to take the cheap cash from the Fed and lend it back to the government at …

http://www.globalresearch.ca/index.php?context=viewArticle&code=MYB20101204&articleId=22257






The ongoing saga of the looting of the economy by the financial elite puts the lie to theendless claims that “there is no money” for jobs, housing, education or health care. The

ruling class is awash in money.

Fed report lifts lid on Great Bank Heist of 2008-2009

4 December 2010

The US Federal Reserve Board on Wednesday released documents on emergency measures ittook between 2007 and 2010, using taxpayer funds, to bail out major financial firms in the USand around the world. The sums involved are staggering.

Fed bailout loans outstanding reached a high of $3.3 trillion, but the cumulative amount of cashfunneled by the US central bank to banks, hedge funds and major industrial corporations reached

the tens of trillions of dollars.

Every major Wall Street bank was on the Fed dole, as were giant companies including GeneralElectric and Verizon Communications. The Fed ran nearly a dozen separate bailout programswhich together eclipsed by far the Treasury Department's $700 billion Troubled Asset Relief Program 8 9In comparison to the amounts funneled by the Fed to US financial institutions, the Obamaadministration's $787 billion stimulus package was a drop in the bucket.

These vast sums were loaned out at rock-bottom interest without any strings attached. The banksand corporations that benefited were not even obliged to provide an account of what they did

with the money. The entire purpose of the operation was to use public funds to cover thegambling losses of the American financial aristocracy, and create the conditions for thefinanciers and speculators to make even more money.

1 over t j secret. The unelected central bank operated without any congressional mandate or oversight.

The documents shed light on the greatest plundering of social resources in history. It was carriedout under both the Republican Bush and Democratic Obama administrations. Those whoorganized the looting of the public treasury were long-time Wall Street insiders: men like Bush's

treasury secretary and former Goldman Sachs CEO Henry Paulson and the then-president of theNew York Federal Reserve, Timothy Geithner.

Obama signaled the continuation of the policy of social plunder by appointing Geithner as histreasury secretary. On the industrial front, he selected investment banker S R N S Task Force and impose mass layoffs, 50 percent wage cuts on new-hires, and reductions inhealth care and other benefits on workers at General Motors and Chrysler.



The release of the Fed report, coming in the midst of preparations to extend the Bush-era tax cutsfor the rich and impose savage austerity measures on the working class, demonstrates in theclearest possible manner the class interests defended by the government and both politicalparties.

I x O ― ‖ ― ‖ ―‖ I losses are socialized. And those who must pay the bill are the working class.

The Fed documents show that the US central bank enabled banks and corporations to offloadtheir bad debts onto the Fed's balance sheet. Now, in order to prevent a collapse of the dollar anda default by the US government, the American people are being told they must sacrifice toreduce the national debt and budget deficit.

―‖ -cutting, mass unemployment, cuts in health care, Social Security,

Medicare, Medicaid, etc.

The very scale of the Fed bailout points to the scale of the financial crash and the criminality thatfostered it. Every major financial institution piled up huge profits by speculating wildly withborrowed money. The big banks stoked a housing market bubble based on predatory sub-primemortgages sold to low-income workers, knowing that the loans were likely to default.

The entire US capitalist economy rested on a huge Ponzi scheme that was bound to collapse.Bernard Madoff, arrested in December 2008 and jailed for life for his $20 billion scam, was apiker compared to the CEOs at Goldman Sachs, JPMorgan Chase, Citibank, Bank of Americaand Morgan Stanley.

Far from these predators being held accountable, the intervention of the White House, Congress,the Treasury and the Fed was concentrated entirely on giving them the wherewithal to continueand even expand their speculative operations. One of the Fed's bailout programs, the PrimaryDealer Credit Facility, extended a cumulative total of $9 trillion in overnight, low-cost loans tothe major Wall Street investment firms. Another program, the Term Auction Facility, providedlonger-term low-interest loans to banks totaling nearly $4 trillion.

The banks were able to take the cheap cash from the Fed and lend it back to the government at the process.

Another Fed program, the Term Asset-Backed Securities Loan Facility (TALF), became a cashcow through which wealthy and well-connected investors realized gargantuan profits. Hedgefunds, including those that had made a fortune by betting on the collapse of the housing market,realized profits as high as 48 percent, and generally between 20 percent and 40 percent, by takingadvantage of the Fed program.



The criminality that precipitated the financial crash and ensuing depression was not only coveredover, it was compounded. As a result, corporate profits are higher than ever, as are executivebonuses, while the working class is suffering a catastrophic decline in its living standards.

The ongoing saga of the looting of the economy by the financial elite puts the lie to the endless

― ‖ j T awash in money.

Fully exposed as well is the sham of democracy under capitalism. As the Fed documentsunderscore, all major decisions are dictated by the financial elite. The government, the officialparties, Congress, the courts are all at root instruments of its class dictatorship. The interests anddesires of the working class find no expression within the existing political system.

The only solution is a political and revolutionary one. The working class must establish its ownpolitical movement to fight for socialism. This includes the expropriation of the ill-gotten wealthof the financial elite and the nationalization of the banks and their transformation into public

utilities, democratically controlled by the working population.

The existing political setup, including the unelected Federal Reserve, must be abolished andreplaced by a democratic workers' government, based on mass, popular organizations of theworking class.

Barry Grey

H‘ J R

going down:

Here are two videos that I made last year, with an assist from Alan Grayson and Dylan Ratigan:

The Wall Street Economic Death Squad – Part I

The Greatest Theft in History – Wall Street Economic Death Squad – Part II

R …

WORLD PREMIERE ~ Ben Bernanke: Public Enemy #1 – Mr. Big Shot (((Music Video)))

Ben Shalom Bernanke is wanted for violating the United States Constitution, committing

acts of financial terrorism and crimes against humanity. As a leading member of theGlobal Banking Cartel, he is considered a highly dangerous enemy combatant. Citizens of

the United States hereby demand that he be properly detained under the laws and customs

of war

http://en.wikipedia.org/wiki/Enemy_combatant






GOD-TV Erase Israeli Bedouin Village to Bring Jesus' Second Coming

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British Jewry Goes 'Off-Message' over Israel

'As the Jewish Chronicle reported Mick Davis, chairman of the pre-eminent Anglo-Israel charity, the UJIA, and the executive of the Jewish Leadership Council,"shattered a longstanding taboo by publicly criticising the Israeli Prime MinisterBenjamin Netanyahu over the peace process, voicing moral reservations about some

http://www.davidicke.com/headlines/41692-jewish-national-fund-god-%20tv-erase-israeli-bedouin-village-to-bring-jesus-second-coming





of Israel's policies and calling for criticism of Israel to be voiced freely throughout thecommunity."

What followed was an "I am Spartacus" moment. As the Israeli embassy and theircohort of diehard loyalists within Anglo-Jewry looked on aghast, one heavyweight

community player after another voiced support for Mr Davis.'

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Iran Placing Medium-Range Missiles in Venezuela 'That Can Reach US' - Says

A Rothschild Zionist 'Think Tank' Masquerading As An Independent

Organisation

'Iran is planning to place medium-range missiles on Venezuelan soil, based onwestern information sources, according to an article in the German daily, Die Welt, of November 25, 2010. According to the article, an agreement between the two countrieswas signed during the last visit o Venezuelan President Hugo Chavez to Tehran onOctober 19, 2010. The previously undisclosed contract provides for the establishmentof a jointly operated military base in Venezuela, and the joint development of ground-

to-ground missiles. At a moment when NATO members found an agreement, in the recent Lisbon summit(19-20 November 2010), to develop a Missile Defence capability to protect NATO'spopulations and territories in Europe against ballistic missile attacks from the East(namely, Iran), Iran's counter-move consists in establishing a strategic base in theSouth American continent - in the United States's soft underbelly.'

http://www.davidicke.com/headlines/41701-british-jewry-goes-off-message-%20over-israel-





Iran Placing Medium-Range Missiles in Venezuela; Can Reach the U.S.

by Anna Mahjar-Barducci

December 8, 2010 at 5:00 am

Iran is planning to place medium-range missiles on Venezuelan soil, based on westerninformation sources[1], according to an article in the German daily, Die Welt , of November 25,2010. According to the article, an agreement between the two countries was signed during thelast visit o Venezuelan President Hugo Chavez to Tehran on October19, 2010. The previouslyundisclosed contract provides for the establishment of a jointly operated military base inVenezuela, and the joint development of ground-to-ground missiles.

At a moment when NATO members found an agreement, in the recent Lisbon summit (19-20November 2010), to develop a Missile Defence capability to protect NATO's populations andterritories in Europe against ballistic missile attacks from the East (namely, Iran), Iran's counter-move consists in establishing a strategic base in the South American continent - in the UnitedStates's soft underbelly.

According to Die Welt , Venezuela has agreed to allow Iran to establish a military base mannedby Iranian missile officers, soldiers of the Iranian Revolutionary Guard and Venezuelan missileofficers. In addition, Iran has given permission for the missiles to be used in case of an"emergency". In return, the agreement states that Venezuela can use these facilities for "nationalneeds" – radically increasing the threat to neighbors like Colombia. The German daily claimsthat according to the agreement, Iranian Shahab 3 (range 1300-1500 km), Scud-B (285-330 km)and Scud-C (300, 500 and 700 km) will be deployed in the proposed base. It says that Iran alsopledged to help Venezuela in rocket technology expertise, including intensive training of officers

Venezuela has also become the country through which Iran intends to bypass UN sanctions.Following a new round of UN sanctions against the Islamic Republic, for example, Russiadecided not to sell five battalions of S-300PMU-1 air defence systems to Iran. These weapons,along with a number of other weapons, were part of a deal, signed in 2007, worth $800 million.Now that these weapons cannot be delivered to Iran, Russia is looking for new customers;according to the Russian press agency Novosti[2], it found one: Venezuela.

Novosti reports the words of Igor Korotchenko, head of a Moscow-based think tank oninternational arms trade, saying that if the S-300 deal with Venezuela goes through, Caracasshould pay cash for the missiles, rather than take another loan from Russia. "The S-300 is a verygood product and Venezuela should pay the full amount in cash, as the country's budget hasenough funds to cover the deal ," Korotchenko said. Moscow has already provided Caracas withseveral loans to buy Russian-made weaponry, including a recent $2.2-mln loan on the purchaseof 92 T-72M1M tanks, the Smerch multiple-launch rocket systems and other military equipment.

If Iran, therefore, cannot get the S-300 missiles directly from Russia, it can still have themthrough its proxy, Venezuela, and deploy them against its staunchest enemy, the U.S..

http://www.hudson-ny.org/author/Anna+Mahjar-Barducci



http://www.hudson-ny.org/1714/iran-missiles-in-venezuela#_ftn1











But that is not all. According to Reuters, Iran has developed a version of the Russian S-300missile and will test-fire it soon, as declared by the official news agency IRNA, two months afterMoscow cancelled the delivery to comply with United Nations sanctions[3]. Iran, in fact, has itsown capabilities for constructing missiles that could carry atomic warheads. According to a studyrecently released by the International Institute of Strategic Studies in London, Iran is presently

aiming to perfect the already existing solid-fuel, medium-range missile that can carry a nuke tohit regional targets, such as Israel[4]. If a missile base can be opened in Venezuela, many UScities will be able to be reached from there even with short-medium range missiles.

The situation that is unfolding in Venezuela has some resemblance to the Cuba crisis of 1962. Atthat time, Cuba was acting on behalf of the USSR; now Venezuela is acting on behalf of Iran. Atpresent, the geopolitical situation is very different: the world is no longer ruled by twosuperpowers; new nations, often with questionable leaders and the ambition of acquiring globalstatus, are appearing on the international scene. Their danger to the free world will be greater if the process of nuclear proliferation is not stopped. Among the nations that aspire to becomeworld powers, Iran has certainly the best capabilities of posing a challenge to the West.

Back in the 1962, thanks to the stern stance adopted by the then Kennedy administration, thecrisis was defused

Nowadays, however, we do not see the same firmness from the present administration. On thecontrary, we see a lax attitude, both in language and in deeds, that results in extending handswhen our adversaries have no intention of shaking hands with us. Iran is soon going to have anuclear weapon, and there are no signs that UN sanctions will in any way deter the Ayatollah'sregime from completing its nuclear program. We know that Iran already has missiles that cancarry an atomic warhead over Israel and over the Arabian Peninsula. Now we learn that Iran isplanning to build a missile base close to the US borders. How longer do we have to wait before

the Obama administration begins to understand threats?

But hold on, let's take a look at the organisation pushing this propaganda. It is

the Rothschild Zionist Hudson Institute through its mouthpiece Hudson New

York, and here is some background to the latter's editor-in-chief, Nina

Rosenwald (Rothschild Zionist):

She is Chairman of the Board of the Middle East Media and Research Institute

and Vice President of the Jewish Institute of National Security Affairs. She also

serves on the Board of Directors of the American-Israel Public AffairsCommittee (AIPAC), Human Rights in China, and the Washington Institute for

Near East Policy. She is a member of the Council on Foreign Relations, the

Board of Regents for the Center for Security Policy, the Committee for Accuracy

in Middle East Reporting, New York Academy of Sciences, United Jewish

Appeal/Federation, New York Psychoanalytic Research and Development,

Jerusalem Center for Public Affairs, and The Founders Association.




http://www.iiss.org/publications/strategic-dossiers/irans-ballistic-missile-capabilities/











Source: http://www.hudson.org/learn/index.cfm?fuseaction=staff_bio&eid=Rosenwald

So, no pro-Israeli bias there, then ...

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How Israeli leaders kill for their people's votes

Palestinian land in green. 2011?

By Gilad Atzmon

Israeli-born musician and writer Gilad Atzmon, who has renounced his Jewishnessand Israeli nationality, explains Israel's massacre of Palestinians in Gaza in terms of

Israeli culture, which is imbued with racism and a murderous hatred of Arabs ingeneral and Palestinians in particular.

How Israeli leaders kill for their people's votes

By Gilad Atzmon

30 December 2008

Israeli-born musician and writer Gilad Atzmon, who has renounced his Jewishness and Israelinationality, explains Israel’s massacre of Palestinians in Gaza in terms of Israeli culture, whichis imbued with racism and a murderous hatred of Arabs in general and Palestinians in particular.

http://www.hudson.org/learn/index.cfm?%20fuseaction=staff_bio&eid=Rosenwald




http://www.redress.cc/zionism/gatzmon20081230#gatzmon20081230_bio







In order to grasp the latest devastating and murderous Israeli expedition in Gaza, one mustdeeply comprehend the Israeli identity and its inherent hatred towards anyone who is not Jewishand towards Arabs in particular. This hatred is imbued in the Israeli curriculum, it is preached bypolitical leaders and implied by their acts, and it is conveyed by cultural figures, even within theso- ―I ‖

I grew up in Israel in the 1970s. People of my generation are nowadays leaders in the Israeli W ― ‖ I j I 198 GRafael ― ‖ H ; Lcivilians in the first Lebanon war. In a word, Israelis manage to get away with murder.

Luckily enough, and for reasons that are still far beyond my comprehension, at a certain stage Iwoke up out of that lethal Hebraic dream. At some point I left the Jewish state, I evaded theJewish hate-mongering, I had become an opponent of the Jewish state and any other form of

Jewish politics. However, I am utterly convinced that it is my primary duty to inform every beingthat is willing to listen about that which are we up against.

Although the central purpose of Zionism was to tra J ― ‖ The Israeli barbarism thatwe saw this week and too many times before is far beyond bestiality. It is killing for the sake of killing. And it is indiscriminate.

Fews people in the west are aware of the devastating fact that killing Arabs and Palestinians inparticular is a very effective Israeli political recipe. The Israelis are indeed a confused people. Asmuch as they insist upon seeing them ―-‖ led by politicians with an astonishing record of murderous activity. Whether it was Sharon,R S G I ―- ‖ belligerent hawks with their hands dripping with blood and backed by a solid record of crimesagainst humanity.

We are weeks before an election in Israel and it would seem that both the prime ministerialcandidates of Kadima and Labour, Foreign Minister Tzipi Livni and Defence Minister Ehud L ―‖Netanyahu. Livni and Barak need their little war. They must prove to the Israelis that they knowhow to engage in mass slaughter.

Both Livni and Barak have to provide the Israeli voter with some real exhibition of devastatingcarnage, so that he Israelis can trust their leadership. This is their only chance against Netanyahu.Seemingly, Livni and Barak are throwing tons of bombs on Palestinian civilians, schools andhospitals because this is exactly what the Israelis want to see.

Unfortunately, Israelis are not known for mercy and grace. Instead, they are appeased byretaliation and vengeance, they are cheered by their own limitless brutality. When former IsraeliAir Force commander Dan Halutz was asked how it feels to drop a bomb on a highly populated



I may just suggest to Livni and Barak that it may not help them in the polls. Netanyahu is a H ‘ I him, he has yet to take Israel into a war. He probably understands better than them what thepower of deterrence is all about.

Gilad Atzmon is an Israeli-born musician, writer and anti-racism campaigner. This articleappeared in Palestine Think Tank .

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'Don't Rent to Non-Jews,' Israeli Rabbis Warn

Wednesday, 08 December 2010 08:52

(Imagine what would be said if it was the other way round)

http://www.gilad.co.uk/


http://palestinethinktank.com/



http://void%280%29/

http://void%280%29/

http://www.davidicke.com/headlines/41775-dont-rent-to-non-jews-israeli-rabbis-warn





http://void%280%29/





'Fifty Israeli rabbis have signed an open letter warning Jews not to rent or sell property to non-Jews, saying those who do should be "ostracized," a copy of the letter showed on Tuesday.

"In answer to the many questions, we say that it is forbidden in the Torah to sell a house or afield in the land of Israel to a foreigner," says the letter, referring to the Pentateuch, or the firstfive books of the Bible. The text, which was signed mostly by state-employed rabbis, warns "hewho sells or rents them a flat in an area where Jews live causes great harm to his neighbors".'

"After someone sells or rents just one flat, the value of all the neighboring flats drops... He

who sells or rents (to non-Jews) causes his neighbors a big loss and his sin is great," theletter said, in what was largely understood to refer to Israel's Arab minority.

"Anyone who sells (property to a non-Jew) must be cut off!!"

According to the Israeli news website Ynet, the letter was to be published in religiousnewspapers and distributed in synagogues across the country later this week.

The Association for Civil Rights in Israel slammed the letter as "racist" and called on Israeli

Prime Minister Benjamin Netanyahu to condemn "the incitement expressed by the rabbis."

"Rabbis who are civil servants have an obligation to the entire public, including Israel's Arabcitizens. It is unthinkable that they would use their public status to promote racism andincitement," the group said in a statement.

The organization called on Netanyahu to take disciplinary action against state-employedrabbis who signed the document.

The letter appeared as tensions grow between religious Jewish and Arab-Israeli residents of

the northern town of Safed, where local rabbi Shmuel Eliahu has called on Jews to avoidrenting or selling property to Arabs.



There is a college in Safed that attracts Arab-Israeli students from the surrounding area,

many of whom seek accommodation in the town while studying.

In October, a group of Jewish youths attacked several Arab-Israeli students at the college,shouting "death to Arabs" in an incident police had to break up.

Some 1.3 million Arab Israelis live in Israel, which represents about 20 percent of thepopulation. They are made up of Palestinians who remained on their land after Israel's

establishment in 1948, and their descendants.

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