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The most clear-cut evidence for the Rothschildts' enduring reach and influence in the global arena was demonstrated recently* in the wake of the Yukos controversy. The Russian government had taken over the rich oil conglomerate Yukos for unpaid taxes. It had also arrested Yukos' owner Mikhail Khodorkovsky for tax fraud, asset stripping, creative accounting and other related crimes. Khodorkovsky stunned everyone by revealing that, following the loss of Yukos, a hitherto unknown clause in the ownership agreement of the Yukos properties had come into play, which reverted the ownership of Yukos to the Rothschilds. All along, Khodorkovsky had ben acting as a frontman! Very few knew about it - not even the Russian government! More bizzarre, support for Yukos came from an unlikely source - Gennady Zyuganov, the leader of the Communisty Party! Our wonderful comrade appealed to Russian President Putin to settle the matter amicably with the Rothschildts. This was not a case of of a chameleon changing its color but a leopard losing its spots - just unbelievable! Welcome to the House of Rothschilds.
Whether Britain is a stooge of the U.S. or vice versa has been a much-debated topic. Both countries have been accused by different conspiracy theorists of being stooges of the Rothchildts. This and the fact that the US government has a disproportionately enormous influence in the world - it has troops stationed in 130 countries - has helped the notion that the Rothschildts own the world. There is something innately sinister about the Rothschilds. Even die-hard conspiracy theorists refer to them as "international bankers" or "City of London" but rarely by their illustrious family name.
Jewish businessmen have traditionally (for centuries) invested time and effort in creating a support network for their investments and business ventures. What sets the Rothschildts apart among this lot and makes them so formidable is the fact that their network spans the globe with people in media, trade, finance, politics, military and intelligence agencies acting in concert. The vastness of the network and the absence of clear boundaries to their influence have let tongues wag. It is difficult to tell who is working for whom and whose money is being spent and for whose benefit.
To get a grip on the true power of the Rothschildts, you need to first understand the Rothschilds are a dynasty. You need to go back in time. In the Middle Ages, as loose confederations in Europe began to consolidate into larger states, along with them seemingly sinister secret societies such as the Freemasons also came into existence. In the Freemasons' case, the main objective was to limit the power of aristocracy. They intended to achieve this goal by extending political and economic support to their members. Because of the inherent danger involved in challenging established powers, they preferred to operate in secret and membership was by invitation only. Freemasonry was originally intended to include only businessmen, craftsmen and traders but when some of them ended up as top political and military leaders. As a normal practice, they secretly helped in spreading subversive propaganda and were behind many major social and political events in Western history. Members were all the time being infiltrated into corridors of power while those already in power were secretly recruited. A Jewish conspiracy angle was sometimes attached to secret societies.
Meanwhile, it was being noted that many people of Jewish extraction had no trouble gravitating to the top. Their hard work and persistence brought them success but it also brought them unwelcome attention. Jews somehow found a way to flourish. They exploited opportunities where others had found none. Because the Catholic Church had banned usury for Christians and Jews themselves were forbidden from pursuing certain trades, Jews ended up in large numbers as moneylenders. Hence, they were seen as "bloodsuckers" and noted for their "heartlessness." In business, they formed monopolies and cartels to keep outsiders stay out. The reason was that they were difficult to bargain with and only other Jews knew how deal with them. But, very few saw it that way. The Christian belief that it was Jews who were responsible to the murder of Jesus Christ and the fact that Jews had not accepted Chrisitianity only added to the fire. Jews were regularly threatened with extinction. Being anti-Jewish, in thought and deed, was politically correct. In the 14th and 15th centuries, the campaign against Jews resulted in forced segregation throughout Europe. Jews had to live in ghettos - residential areas set apart from the rest of the society. Ghettos had high walls around them and with gates that were kept locked at night and during Christian festivals. Because horizontal expansion was not possible, ghettos grew vertically and were plagued by living hazards, overcrowding and unsanitary conditions. During riots, Jews were surrounded in all directions. Limits were placed on the population inside a ghetto as also the number of marriages allowed in a year. In the 16th century, Pope Paul IV established the Jewish ghetto in Rome and required all Jews to wear an yellow badge for easy identification. Martin Luther (the founder of the Protestant religion) was also a Jew-baiter. Anti-Jewish themes either smouldered or raged in Europe. It went out of favour only after Hitler brought it to intolerable notoreity in the form of World War II. Evil Jewish stereotypes can be found in such works as the Merchant of Venice and Oliver Twist.
In these circumstances, some Jews found it very valuable and very necessary to have friends who were of power and consequence. M A Rothschildt, the founder of the Rothschild dynasty, also had to make a similar arrangement to jumpstart his career. He was born in Frankfurt (Germany) in 1743 as Mayer Amschel Bauer. He started out as a clerk at a bank owned by the Oppenheimers in Hannover and quickly rose through their ranks. In 1760, he went back to his ghetto in Frankfurt and joined the family business of dealing in second-hand goods. He also established a small currency exchange house¥ and dealt in rare coins on the side. For his business, he adopted the name Rothschildt (rote schildt or "red shield") after the red shield emblem on their ancestral house in the ghetto. In the 1760s, he used one of his old acquaintances at the Oppenheimer bank to sell his rare coins to members of the royal court. His biggest client was Prince William of Hanau¤ to whom he sold some rare coins.
Mayer stopped dealing in used goods and went in for items like cotton, wine and tobacco. Mayer had cloth bought in Manchester to be sold in Frankfurt. His son Nathan Mayer (after whom N. M. Rothschilds of London is named) handled the business from London. Mayer decided to use his London connection to greater use. The British made payments to the Prince with drafts that were to encashed in London. So, Mayer begged the Prince to let him cash a few drafts. This business earned him a small profit but more importantly he started dealing with the nobility. Mayer then lobbied broking houses for providing messenger services between them and the Prince. Soon, they were arranging investments for the Prince. Mayer's son Solomon became a permanent fixture in the Court. Mayer's biggest break (this time into international banking) came when he arranged a secret loan from the Prince to Danish king. The King was a relative and the Prince did not want to deal directly or use his regular bankers. Later, on the heels of an invasion by Napoleon, the Prince fled leaving a part of his fortune with the Rothschildts.
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When the Fortune magazine makes list of wealthiest people, you will not find the Rothchids in them. Yet, the clan have given their name to the expression "fabulously wealthy as the Rothschilds." This may be somewhat mystifying. To the outside world, they portray themselves as "merchant bankers;" people who make business deals (mergers, acquisitions, buyouts, etc.,) possible with their valuable advice. Their clients are big corporations and governments and deal sizes are naturally big. The profits, they insist, are not so fabulous. There is always an unmistakable effort to underwhelm observers. And, the media is happy to oblige. Here is an excerpt from BusinessWeek article celebrating the minor success of staying in business.
The Rothschilds Are On A Roll
"Schroder. Morgan Grenfell. Warburg. Fleming. Kleinwort Benson." Sitting in his modest Paris office a stone's throw from the Elysees Palace, David de Rothschild ticks off the names of once independent European investment houses that have slipped into the embrace of huge banks. "They're all gone. We and Lazard are the only ones left."
On the face of it, this harsh landscape bodes ill for the 58-year-old chairman of Rothschild & Cie Banque and his cousin, Evelyn de Rothschild, chairman of NM Rothschild & Sons, the clan's London-based branch. The fabled Rothschild name was once synonymous with prodigious wealth and power. Today, the Rothschilds head a group whose employees number just 550. The likes of Goldman Sachs, Morgan Stanley Dean Witter, and Citigroup dwarf it. Despite having its best year ever for mergers and acquisitions, the Rothschild group's total investment banking profit for 2000 will be barely $200 million, a fraction of what the big boys take home. With such competition, Rothschild "is going to be very fragile in the long run," says one prominent banker in Paris.
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N M Rothschild is a bullion bank. It acts as an intermediary and leases gold from the Bank of England at a very nominal rate (1%). The gold is sold and the proceeds invested in more sophisticated financial instruments, which earns them phenomenal profits. Of course, they don't make these investments directly. Because the Bank of England expects to be paid back in gold (instalments), the Rothschilds buys gold from the market. In a falling market for gold, Rothschilds get to make a second round of profit. In a rising market, which has been the case lately, this profit gets reduced. So, in the 90s, Bank of England "announced" that it was going to sell of its gold hoard so that the wealth could be invested in more profitable investments. Other European central banks made similar announcements. This is interesting. Why would anyone in their right mind announce in advance that they were going to sell something in such huge quantities? That would cause a price depression! Unless... unless you wanted to help those who have to repay the leased gold. Incidentally, N M Rothschilds is the leading member of the LBMA (London Bullion Marketing Association). Until recently and for nearly century, the international price for gold was fixed at the Rothschild offices in London twice daily. The scam went on successfully because leased gold, in accounting terms, is not really sold; it still remains in the bank's books even though physically it had had left the vault.
Interestingly, the Rothschilds exit the gold bullion business recently. The gold-rigging business has hit a wall. Consumer demand in Asia has been wiping out all the gold supplies unloaded by the central banks. (Citizens in western countries do not invest in gold because the government policy makes investment in gold unviable or very inconvenient.) Soon there would no gold left to depress the market. A day would come when the central banks would have to tell the public that their vaults are clean, all the gold has been leased at basement rates, and those who have leased the bullion are not paying up. When that happens, the global financial system would come down in a cataclysmic collapse. (Which is why many Asian central banks encourage citizens to invest in gold bonds rather than actual gold.) It should not surprise anyone if the Rothschilds survive that one out - they probably sit on the biggest gold hoard ever.
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Cecil Rhodes was a big client of the Rothschilds. He created the De Beers company, which owns the Kimberly diamond mines in South Africa. De Beers is a diamond monopoly and they set the price of diamond. They control production just so that the market prices bring them the maxium profits. It has many mines that have not been dug yet because mining them would depress prices. In all, De Beers mines $12 billion worth of diamonds every year. When cleaned and polished, the diamonds are worth $65 billion. All that money is parked outside South Africa. South Africa and other African countries where De Beers has its mines do not benefit much from the sky-high profits that De Beers makes. Apartheid and the many crimes that were committed along with it were greatly supported by De Beers. American and British intelligence agencies worked hard for several decades to keep black South Africans from reaping the benefits of their countries' resources.
But that's not all. Cecil Rhodes is supposed to have been a member of a secret society founded by the Rothschilds. In his will, Rhodes instructed that a secret society be created that would create men of great caliber who would then rule the world. Whether the Rhodes scholarship instituted in his name is part of that plan has not been clearly established. However, one thing from his will that has made a great impact on the world is the Council of Foreign Relations (CFR), whose members have been the fulcrum of all U.S. federal administrations since World War II. CFR alumni are supposed to have been behind the creation of the Central Intelligence Agency (CIA), the multi-billion dollar Pentagon budget, the worldwide National Security Agency (NSA) surveillance program,... well the list is endless.
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‡ - The Communist Party has been at the forefront of the criticism of the privatisation programme, which was part of the Yeltsin-initiated and World Bank-dictated "economic reforms." The programme meant to sell Russian state enterprises, supposedly to bolster government finances with the proceeds. While eventually failing to fulfill this objective, it however enabled a few individuals (all but one of them Jews, who later came to be known "the Oligarchs" and eventually controlled almost 90% of the Russian economy) pick up rich state properties at rock-bottom prices. Their connections to Western capital have never been fully understood and much of it remains shrouded in mystery. While the chosen few were laughing all the way to the bank, millions of Russians went below the poverty line. The Russian government became bankrupt and defaulted on its loans.
† - Before you say this is why Jews should have their own nation, let me remind you that Palestinians should not have been made the victim simply because Christians could not tolerate Jews. You cannot correct one wrong with another. Worse, the wrong (Israel) was directed at someone who was not party to the problem (Palestinians). There is no legal base that allows Jews from Europe to occupy some foreign land they chose. It is just wrong! (See Why Israel Is A Nation Of Squataters.)
¥ - Frankfurt was a major European port city. It was a popular destination as a host city for prominent international fairs and conventions. Also, Germany at that time was made up of large number of small states, each with its own individual currency. As a result, a lot of currencies were in circulation and these needed to be exchanged.
¤ - Like his father Frederick of Hesse-Cassel, Prince William trafficked in soldiers. He was related to many royal families in Europe who were his customers. Prominent among them were the British who used his soldiers in America, which was still then a colony. When his father died, he inherited the biggest personal fortune in Europe and became the Landgrave of Hesse-Cassel.
"Some of the biggest men in the United States, in the field of commerce and manufacture, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they had better not speak above their breath when they speak in condemnation of it." - Woodrow Wilson, 28th President of the United States (1913?1921)…
President John F. Kennedy tried to warn us and paid with his life.
Mr. Chairman, ladies and gentlemen, I appreciate very much your generous invitation to be here tonight. You bear heavy responsibilities these days and an article I read some time ago reminded me of how particularly heavily the burdens of present day events bear upon your profession. You may remember that in 1851 the New York Herald Tribune under the sponsorship and publishing of Horace Greeley, employed as its London correspondent an obscure journalist by the name of Karl Marx.
I want to talk about our common responsibilities in the face of a common danger. The events of recent weeks may have helped to illuminate that challenge for some; but the dimensions of its threat have loomed large on the horizon for many years. Whatever our hopes may be for the future--for reducing this threat or living with it--there is no escaping either the gravity or the totality of its challenge to our survival and to our security--a challenge that confronts us in unaccustomed ways in every sphere of human activity. This deadly challenge imposes upon our society two requirements of direct concern both to the press and to the President--two requirements that may seem almost contradictory in tone, but which must be reconciled and fulfilled if we are to meet this national peril. I refer, first, to the need for a far greater public information; and, second, to the need for far greater official secrecy.
The very word "secrecy" is repugnant in a free and open society; and we are as a people inherently and historically opposed to secret societies, to secret oaths and to secret proceedings. We decided long ago that the dangers of excessive and unwarranted concealment of pertinent facts far outweighed the dangers which are cited to justify it. Even today, there is little value in opposing the threat of a closed society by imitating its arbitrary restrictions. Even today, there is little value in insuring the survival of our nation if our traditions do not survive with it. And there is very grave danger that an announced need for increased security will be seized upon by those anxious to expand its meaning to the very limits of official censorship and concealment. That I do not intend to permit to the extent that it is in my control. And no official of my Administration, whether his rank is high or low, civilian or military, should interpret my words here tonight as an excuse to censor the news, to stifle dissent, to cover up our mistakes or to withhold from the press and the public the facts they deserve to know.
It requires a change in outlook, a change in tactics, a change in missions--by the government, by the people, by every businessman or labor leader, and by every newspaper. For we are opposed around the world by a monolithic and ruthless conspiracy that relies primarily on covert means for expanding its sphere of influence--on infiltration instead of invasion, on subversion instead of elections, on intimidation instead of free choice, on guerrillas by night instead of armies by day. It is a system which has conscripted vast human and material resources into the building of a tightly knit, highly efficient machine that combines military, diplomatic, intelligence, economic, scientific and political operations. Its preparations are concealed, not published. Its mistakes are buried, not headlined. Its dissenters are silenced, not praised. No expenditure is questioned, no rumor is printed, no secret is revealed. It conducts the Cold War, in short, with a war-time discipline no democracy would ever hope or wish to match.
Nevertheless, every democracy recognizes the necessary restraints of national security--and the question remains whether those restraints need to be more strictly observed if we are to oppose this kind of attack as well as outright invasion.
And so it is to the printing press--to the recorder of man's deeds, the keeper of his conscience, the courier of his news--that we look for strength and assistance, confident that with your help man will be what he was born to be: free and independent.
---o0O0o---
This article was first published in November 2005.