sustainability
Comments 9

Making the World Safe for Banksters: Syria in the Cross-hairs

To understand ‘the war on terror’ we have to understand this. It’s not easy reading by any means. I read a lot and I had to read it three times and take several breaks to fully understand it all, but it is essential reading to understand the root cause of large scale war and global conflict. The links between the global bank elite and the US government cannot be denied anymore, and all questions of instability have to be analyzed from this perspective – the complete takeover of the world’s monetary system by a handful of people that will not tolerate that some people may want to live differently from them.

“The ‘end-game’ would require not just coercing support among WTO members but taking down those countries refusing to join. Some key countries remained holdouts from the WTO, including Iraq, Libya, Iran and Syria. In these Islamic countries, banks are largely state-owned; and “usury” – charging rent for the “use” of money – is viewed as a sin, if not a crime. That puts them at odds with the Western model of rent extraction by private middlemen.”

WEB OF DEBT BLOG

“The powers of financial capitalism had another far reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole.”  —Prof. Caroll Quigley, Georgetown University, Tragedy and Hope (1966)

Iraq and Libya have been taken out, and Iran has been heavily boycotted. Syria is now in the cross-hairs. Why? Here is one overlooked scenario. 

In an August 2013 article titled “Larry Summers and the Secret ‘End-game’ Memo,” Greg Palast posted evidence of a secret late-1990s plan devised by Wall Street and U.S. Treasury officials to open banking to the lucrative derivatives business. To pull this off required the relaxation of banking regulations not just in the US but globally. The vehicle to be used was the Financial Services Agreement of the World Trade Organization.

The “end-game” would require…

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9 Comments

  1. @ therooster

    I see what you’re saying. My solution is actually even more radical because I would like to see some sort of resource based economy. No matter how much we humans like to talk, the fact remains that air, water and soil will always be more valuable than gold and money in the end. Without functioning eco systems there will be no life, and right now the man-made economy is wrecking havoc on this planet.

    • therooster says

      Gold is a resource as a form of money, intrinsic to economic activity and debt-free. The proof is in the weight. The beauty of the real-time environment that gold operates in now is that bullion now has scalable liquidity. It never had scalable liquidity until the FIXED peg was severed in 71. Gold is money in the same spirit as barter.

    • therooster says

      What I pointed out isn’t radical. People use real-time bullion each and every day for settlement. Gold backed payment processors are a growth model. They are not working models …. but competitive! It’s not as if there is only one or two. The hybrid system is fine as it is and working well. We don’t actually have a currency design problem now that gold trades in real-time. We simply have a marketing challenge.

  2. svjohn says

    Enlightening read, alternative narrative, insider perspective. This account regarding current affairs and the rationales behind present-day political actions & motives resonates deeply. Thanks for helping bring this understanding into greater view! Aloha and let’s take the power back! ;)

    • I agree with all of the above. It should be essential reading. In this day and age, where everyone is encouraged by 24/7 news networks to have an opinion in 140 characters or less, some background reading should be required. Like for instance, unless you can tell me how many people live in Syria and give brief outlines of its history, you should not be encouraged to have opinions about it either. And since the media is not giving us these facts, we have to look elsewhere.

      • therooster says

        Be careful not to limited your scope to the idea of moving from debt-currency to asset currency. The scope is bigger. The overall transition, which is still a work in progress, is about moving from FIXED bullion values to real-time floating bullion values where gold-as-money could enjoy full scalable liquidity as a currency. Gold could never satisfy this liquidity need with a FIXED value. The fixed peg had to be removed in order to re-monetize gold in proper fashion. The development of the floating debt dollar has been a “necessary evil” and a stop-gap measure in monetary history. The dollar’s ultimate purpose, yet to be appreciated, is in its measuring role within the real-time measure of USD/oz in service to bullion …. in real-time.

        You cannot pour new wine into old wineskins.

  3. therooster says

    Honey … The root cause of war is rooted in debt, debt which causes scarcity. Honey, if you care to understand the solution, please contact me. I’ll take you on a journey where you will be able to rationalize, realize and understand the role that debt currency plays in the elimination of debt (ironically) where the debt currency is a means to an end that has not been realized by market forces as yet. It has to do with the events of 1971 and how the desirable real-time genie was released from a bottle (Call it Yang), while at the same time, the evil debt genie (Yin) also escaped the same bottle at the exact same time. Your blog will be completely jammed when you write about this.

    • I believe you are right on point here. It’s such a huge topic and it’s all intertwined which makes it impossible to pinpoint exactly the first thing we have to change to evolve into a more sustainable society. A debt-based monetary system is definitely one of the first things to go.

      I’m actually working on a post which lays out in chronological order the events that led to the situation we are dealing with today – environmental depletion, a failed monetary system, multinational corporations and bankers running entire countries. It’s all connected and hidden in plain view. I would appreciate any information you have to offer that could help me and others understand the problem, and also paths to the solutions. Thanks for your comment!

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