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From an historical
context – it may be argued that global domination begins and ends
– FIRST - with control of
Europe. The unification of Europe, or global domination as a concept, is
perhaps as old as war itself. Put simply, you cannot ‘rule the
world’ unless you first ‘rule Europe’. History is littered
with many examples of ‘would-be’ aggressors cum oppressors who
have set their sights on European conquest. While not exhaustive –
here’s a list of a few:
- The Roman Empire – one of
Europe’s longest lived hierarchies - included most of what would now be
considered Western Europe. The empire was conquered by the Roman Army and a
Roman way of life was established in these conquered countries. The main
countries conquered were England/Wales (then known as Britannia), Spain
(Hispania), France (Gaul or Gallia), Greece (Achaea), the Middle East (Judea)
and the North African coastal region.
- The Mongol invasion of Europe in the 13th
century involved the destruction of East Slavic principalities, such as Kiev
and Vladimir, the invasion of the Kingdom of Hungary (in the Battle of Mohi) and fragmentation of Poland (in the Battle of
Legnica). The operations were masterminded by General Subutai
and commanded by Batu Khan and Kadan,
both grandsons of Genghis Khan. As a result of the successful invasions, many
of the conquered territories would become part of the Golden Horde empire.
- The Ottoman wars in Europe were a series of
military conflicts relating to the Ottoman Empire's attempt to expand its
territorial holdings in Europe. They began with the Byzantine–Ottoman
Wars in the 13th century, continuing with the Bulgarian–Ottoman Wars
and the Serbian-Ottoman Wars in the 14th century, whereupon the Ottoman
Empire rapidly conquered the Balkans. The initial Croatian–Ottoman Wars
and the Ottoman–Hungarian Wars led to a further expansion of the
Ottomans into Central Europe. The expansion was significantly checked in the
Siege of Vienna (1529), starting the Ottoman–Habsburg wars, and the
Holy League of Christian states were able to reverse many Ottoman conquests
in the Great Turkish War (late 17th century). Internal rebellions such as the
Second Serbian Uprising (1815-1817) and the Greek War of Independence
(1820-1822), coupled with continuous war with Russia and Poland atrophied the
empire, which collapsed on the conclusion of World War I.
- Napoleon was Emperor of the French
from 1804 to 1815. He established hegemony over most of continental Europe
and sought to spread the ideals of the French Revolution, while consolidating
an imperial monarchy which restored aspects of the deposed Ancien Régime.
Due to his success in these wars, often against numerically superior enemies,
he is generally regarded as one of the greatest military commanders of all
time, and his campaigns are studied at military academies worldwide.
- The October
Revolution of 1917 in Russia sparked a revolutionary wave of
socialist and communist uprisings across Europe, most notably the German
Revolution, the Hungarian Revolution, Biennio Rosso and the revolutionary war in Finland with the short
lived Finnish Socialist Workers' Republic, which made large gains and met
with considerable success in the early stages
- The Nazi rise to power brought an end to the
Weimar Republic, a parliamentary democracy established in Germany after World
War I. Following the appointment of Adolf Hitler as chancellor on January 30,
1933, the Nazi state (also referred to as the Third Reich) quickly became a
regime in which Germans enjoyed no guaranteed basic rights. After a
suspicious fire in the Reichstag (the German Parliament), on February 28,
1933, the government issued a decree which suspended constitutional civil
rights and created a state of emergency in which official decrees could be
enacted without parliamentary confirmation. In the first months of Hitler's
chancellorship, the Nazis instituted a policy of
"coordination"--the alignment of individuals and institutions with
Nazi goals. Culture, the economy, education, and law all came under Nazi
control. The Nazi regime also attempted to "coordinate" the German
churches and, although not entirely successful, won support from a majority
of Catholic and Protestant clergymen. Extensive propaganda was used to spread
the regime's goals and ideals. Upon the death of German president Paul von
Hindenburg in August 1934, Hitler assumed the powers of the presidency.
Hitler had the final say in both domestic legislation and German
foreign policy. Nazi foreign policy was guided by the racist belief that
Germany was biologically destined to expand eastward by military force and
that an enlarged, racially superior German population should establish
permanent rule in eastern Europe and the Soviet Union.
Pre-Cursors for the Euro
History - The precursor to the European Union was
established after World War II in the late 1940s in an effort to unite the
countries of Europe and end the period of wars between neighbouring
countries. These nations began to officially unite in 1949 with the Council
of Europe. In 1950 the creation of the European Coal and Steel Community
expanded the cooperation. The six nations involved in this initial treaty
were Belgium, France, Germany, Italy, Luxembourg, and the Netherlands. Today
these countries are referred to as the "founding members."
During the 1950s, the Cold War, protests, and divisions between
Eastern and Western Europe showed the need for further European unification.
In order to do this, the Treaty of Rome was signed on March 25, 1957, thus
creating the European Economic Community and allowing people and products to
move throughout Europe. Throughout the decades additional countries joined
the community.
In 1979, the word
"economic" was ominously dropped in favour of the description
"European Community" (EC) and then in 1992 the Treaty of Rome was effectively
“renamed” the Maastricht Treaty which formalized the [largely
financial] conditions or benchmarks – ‘set-the-bar’, if you
will - for entry into the Euro currency unit.
Parallel Efforts in the Americas
While a United Europe was
being ‘organised’ – parallel Globalist’s efforts,
organized largely along banking lines had also been proceeding in the
Americas for some time – as evidenced by the establishment of such
bodies as The Federal Reserve [1913] and then the supra-national bodies: The
Council on Foreign Relations [CFR, circa 1921], the United Nations [1945]
along with the I.M.F. and World Bank [1945] as outgrowths of the 1944 Bretton
Woods Conference. The creation of these institutions served to
‘pave-the-way’ for Globalism in the Americas – by subverting
the U.S. Constitution as evidenced / admitted by James Paul Warburg who gained notice in a February 17, 1950, appearance before the U.S.
Senate Committee on Foreign Relations in which he said,
"We shall have world government, whether
or not we like it. The question is only whether world government will be
achieved by consent or by conquest.”
The experience gained
from numerous global conflicts [particularly WWI and WWII] no doubt lessened
the Globalists’ appetite for achievement through MASS CONFLICT – instead, giving rise to a preference for
regional conflict[s] and the more favoured approach - that of attainment of
goals through economic means.
The Maastricht Treaty, the ERM and More
The preceding historical
account is meant to serve as background or a “jumping-off” point
for the timeframe surrounding the formal implementation of the Euro currency
unit. The Maastricht Treaty was signed in February 1992 and entered into force
on 1 November 1993. It outlined 5 convergence criteria which EU member states
had to adopt and adhere to - to gain entry into the Euro currency unit:
1 HICP
inflation
(harmonized index of consumer prices [CPI],12-months
average of yearly rates): Shall be no more than 1.5% higher.
2 Government budget deficit: The ratio of the annual government deficit to gross domestic product
(GDP) must not exceed 3% at the end of the preceding fiscal year.
3 Government debt-to-GDP ratio: The
ratio of gross government debt to GDP must not exceed 60% at the end of the
preceding fiscal year.
4 Exchange rate: Applicant countries should have
joined the exchange-rate mechanism (ERM / ERM II) under the European Monetary
System (EMS) for two consecutive years, and should not have devalued its
currency during the last two years, meaning that the country shall have
succeeded to keep its monetary exchange-rate within a +/- 15% range from an
unchanged central rate.
5 Long-term
interest rates
(average yields for 10yr government bonds in the past year): Shall be no more
than 2.0% higher, than the unweighted arithmetic
average of the similar 10-year government bond yields in the 3 EU member
states with the lowest HICP inflation.
It was September 16,
1992, a date known as Black Wednesday, when the British Government was forced to withdraw the pound
sterling from the European Exchange Rate Mechanism (ERM) after they were
unable to keep it above its agreed lower limit. George Soros, the most high
profile of the currency market investors, made over US$1 billion profit by
short selling sterling. Failure to comply with point 4 [above] effectively
“knocked” Britain out of the Euro in the early going.
Mario Draghi, LTCM, Goldman and the Italian
Job
Later on in the
1990’s, there is evidence that Italy was
having a great deal of difficulty in complying with points 2, 3 and 5 above
[Government Deficit, Debt to GDP and Long Term Interest Rates]. Had Italy not
been able to conform to points 2, 3 and 5 – not only would Italy have
been disqualified from Euro membership – it WOULD HAVE have cast doubt on the
viability of the Euro itself being a realistic or ‘workable’
proposition. From a Globalist’ perspective – this would not be
allowed to happen. Mario Draghi was the head of the
Italian Treasury from 1991 – 2001.
There is further evidence
that Italy sought out the expertise of Long Term Capital Management [LTCM] in
regards to point 5 above [pdf pg. 356-57]:
“LTCM became heavily
involved in the Italian capital markets, which became a particularly
important site of arbitrage, not just by LTCM but by leading US investment
banks, in the late 1990s. Traditionally, the fiscal efficiency of the Italian
state was regarded as poor by international (and many local) investors, who
would therefore purchase Italian government bonds only at low prices (and
therefore high yields). These yields, in turn, contributed to Italy’s
budgetary difficulties by making the cost of servicing its government debt
high. However, with growing European integration, especially the prospect of
Economic and Monetary Union (EMU), arbitrageurs began to believe that
Italy’s capital-market idiosyncrasies might be temporary. This belief
may have been performative, in that the resulting
flow of capital into Italian government bonds, and consequent reduced
debt-service costs, helped Italy qualify for EMU under the Maastricht
criteria.”
To qualify for entry into
the EMU, Italy HAD TO
‘narrow yields’ between their 10 yr. bonds and those of other
“better credit” EMU participants – like Germany. LTCM and
their ‘chief banker’ [Goldman ‘Hannibal Lecter’ Sachs] whose
head was none other than Jon ‘the
MF Global slime’ Corzine – along with unimaginable leverage -
rode to the rescue.
In addition to the Draghi / LTCM / Goldman nexus regarding “narrowing
Italian Bond yields – there also exists anecdotal evidence that Italy
began playing “footsie” with their
sovereign gold reserves to aid in “doctoring” points 2 and 3
above. The Italian central bank consists of two institutions - of which the
central government has no equity holdings in either:
* The
Banca d’Italia [BI]
* Ufficio Italiano dei Cambi [UIC]
The Italian government DOES receive 60% of profits
generated by the BI and 25% of profit generated by the UIC. In 1996 - the UIC
purchased 540 tonnes of gold from the BI to “secure” a 2 billion
dollar loan from the German Bundesbank. This was an
internal accounting / paper shuffle in sovereign Italian bullion accounts -
that, when reversed one year later - generated a capital gain [profit] for
the BI of 7,600 billion lire.
The Italian
government’s “SHARE”
of the profit generated by this “paper transaction” was some
3,400 billion lire - a number that amounted to .2 % of Italian GDP. This is
all explained in greater detail in the book [Making the EMU] at this link, pages 124 - 127].
Ladies and gentlemen,
this constitutes accounting fraud and reprehensible conduct concerning the
accurate reporting of sovereign reserves. Specifically, Italy’s conduct
regarding their sovereign gold reserves demonstrates a proclivity to use
their sovereign gold reserves in an undeclared, nefarious manner.
Additionally, much has
been written on the Bank of Italy, LTCM and gold – like this excerpt
from Embry / Hepburn back in 2004 at pg. 29:
….in September 1999, TheStreet.com quoted Nesbitt Burns gold
analyst Jeff Stanley as saying on a conference call: "We've learned Long
Term Capital Management is short 400 tons."74
In addition, Frank Veneroso stated:
“I have received many testimonies that LTCM had extensively used
gold borrowings to fund its leveraged positions, and believe it likely that
the Fed removed these shorts from LTCM's books in the course of the bailout
of LTCM.”75
Reg Howe
also spoke of the apparent LTCM gold short position:
“Recent confidential information from a highly reliable source
confirms rumors that at the time of its collapse, LTCM was short a
substantial amount of gold (300 to 400 tonnes is the range most often
mentioned), and that this position was covered in some type of arranged
off-market transaction.”76
Anecdotally, for a host
of reasons [see endnotes], it is doubtful that LTCM
borrowed Italian gold. Given the state of sovereign Italian finances it is
much more likely that The Bank of Italy was instructed to lease said gold [thank you Mr. Draghi
and Goldman Sachs] and invest the proceeds with LTCM to earn superior
returns. Sovereign gold leasing just so happens to serve the “dual
purpose” of stealthy provision of physical metal to a world market
which Frank Veneroso identified in the 1990’s
as being in chronic deficit [see end notes]
When sovereign gold is
lent / leased – this is done through A BULLION BANK [like
Goldman Sachs] whereby, physical bullion is sold into the market to raise
cash balances which are then reinvested.
LTCM inadvertently
collapsed when they took a highly leveraged position in sovereign Russian
bonds and Russia defaulted. If a public ‘work-out’ of LTCM would
have ensued – the true state of sovereign Italian finances, as well as
the criminal actions of Goldman ‘Hannibal
Lecter’ Sachs would have been on public
display for the whole world to see – the the
Euro would very likely have been still-borne.
For his part in this CRIMINAL FIASCO – Super Mario Draghi was rewarded by being made Vice Chairman of Goldman
Sachs International in 2002 and later, in 2011 was appointed president of the
European Central Bank [ECB] which on December 13, 2012, was granted exclusive regulatory
power over ALL EUROPEAN BANKS:
Europe deepens union with ECB as chief
bank watchdog
(Reuters) - Europe clinched a deal on Thursday to give the European
Central Bank new powers to supervise euro zone banks from 2014, embarking on
the first step in a new phase of closer integration to help underpin the
euro…..
Draghi is also a trustee at the Institute for Advanced
Study in Princeton, New Jersey and also at the Brookings Institution, in
Washington, D.C. Never has such a long, dark shadow been cast over these
hallowed institutions.
Absolutely UNTHINKABLE seditious acts have been
committed by the banking community against sovereign nations and their debt
markets AS WELL AS rigging of the
gold and other strategic commodity markets around the world. These heinous
acts have all been committed in the name of Mr. Warburg’s “World
Government”.
Economic means have
apparently been shown to be more powerful than bullets – and to think
Eisenhower told us all to be wary of the military industrial complex?
Economists seem to be a more dangerous adversary.
May god help us all.
End Notes
Host of Reasons: In the late
1990’s LTCM chief legal counsel – James Rickards
– drafted and published an affidavit stating that LTCM had not engaged in any gold
trading what-so-ever:
“James G. Rickards, who sent us [GATA] a letter, along with an affidavit from Principal,
Eric Rosenfeld. Rickards stated that Long Term
Capital Management denies any involvement in the manipulation of the gold
market and Rosenfeld said to the Cafe, "None of LTCM, LTCP, nor their
affiliates, has ever entered into any transaction involving the purchase or
sale of gold, including without limitation, spot, forwards, options, futures,
loans, borrowings, repurchases, coin or bullion, long or short, physical or
derivative or in any other form whatsoever."
Rickards’ affidavit would not dismiss the mobilization
of Italy’s sovereign gold – but would reason that any
mobilization that occurred - was done in the name of Bk. of Italy as
principal. As chief legal counsel for LTCM and self-described “point
man” for the Federal Reserve’s rescue of LTCM – it is UNTHINKABLE that James Rickards did not know – arising from Know Your
Client [KYC] fiduciary duties - that one of their major contributors –
Italy – leased gold to raise the funds for their participation to the
fund.
Goldman Sachs has a
documented history of assisting other would-be Euro members, LIKE GREECE, CRIMINALLY SIDESTEP convergence criteria for entry into the Euro.
As stated in the New York Times:
“As worries over Greece rattle world markets, records and
interviews show that with Wall Street’s help, the nation engaged in a
decade-long effort to skirt European debt limits. One deal created by Goldman Sachs helped obscure billions in debt
from the budget overseers in Brussels. “
The Jon ‘the M.F. Global slime’ Corzine
angle [chairman of Goldman 1994 – 99] re: Goldman and LTCM assisting
Italy appearing to be compliant with EMU qualifications is also consistent
with globalist controlled regulators “giving him a pass” in the
face of outright “stealing” in the case of MF Global. He is
“untouchable” for a reason - because he knows where all the bones
are buried.
Frank Veneroso
– through intimate dialogue with the Bank of England’s gold guru
– Terry Smeeton – became acutely aware
of the level of clandestine – publicly undeclared - Central Bank gold
leasing programs. It was Smeeton who himself
surmised back in the late 1990’s – in documents only released
under FOI requests/court demands [at pg. 2 of 7 pdf]:
“Smeeton, however, was bearish on the
near-term prospects for the ~~of gold. Central banks were running low
inflation policies that made gold less attractive to investors. A second worry surrounded the EMU
process, and the expectation that European central banks would sell gold to
help meet Maastrict debt targets. The
recent Dutch sale had only aggravated this worry. The ongoing rumors of
selling by the Dutch and Belgian central banks, and the change in attitude
toward gold by the Swiss National Bank, had created an environment where
hedge funds and others found it attractive to play gold from the short side.”
Rob Kirby
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