Monday, September 02, 2013

A BRIEF HISTORY LESSON ON MONEY

"The truth shall set you free, but first it may piss you off," it has been said. Frankly, the truth is hard to come by.

Admittedly, there is no real accurate historical account of how the world found itself in such a desperate state of enslavement to the Vatican, as it has been so well concealed. It is safe to say it has been accomplished by a very meticulous, elaborate and devious plan in order to bring the entire world under the Vatican's collective thumb. Therefore, to tell the story it is necessary to piece together a wide variety of information from a number of sources. And these sources don't always agree. 

With an economic system based upon debt and a worthless fiat currency, where does the value of the US dollar come from? Many will be shocked to learn the truth behind how our financial system has been set up and has operated since the official implementation of the privately owned Federal Reserve in 1933. 

The short answer is the value for our money is obtained directly from you and all Americans who have been born in the US since the 1930's. The value is drawn from our life force, our good will as consumers, spenders, wage earners and taxpayers. Thus, we can see where a term such as "human resource" figures into the equation. 

Our life force is represented by one very important document which is then used as an instrument of value to back up the worth of the US dollar and to act as collateral against the fraudulent, illusionary US debt. That instrument of value is the birth certificate. 

Naturally, this system has been instituted very slowly over many years in a strictly covert fashion. It has relied upon the ignorance and low level of consciousness by the people in order for it to take root. And it begins at the moment of birth and entangles us until our last breath upon this Earthly plane.
When parents sign off on a birth certificate for their new born child, they are authorizing him or her to be entered into the system as a bona fide debt slave. At the same time, each of us is issued a line of credit sanctioned by the world-wide economic system and ultimately controlled by the Vatican.
That credit amounts to anywhere from hundreds of thousands to millions of dollars within the confines of the system and only accessible via a financial institution, insurance agent, public utility, medical care provider, etc. 

Your birth certificate, in turn, is tied to your social security number and becomes the method by which the banks draw upon to establish a line of credit when you come of age to open a bank account, a credit card, apply for a home loan, car loan and/or educational loan, etc. In fact, nearly every business relationship you enter into with a corporation, whether it is a cell phone contract, cable TV, telephone, electrical power, water service, insurance, health care, loan, traffic ticket, lawsuit –– you name it –– all tap into the same credit system. 

In effect, these banking institutions are lending you your own credit and then charging you an exorbitant amount of interest for the use of it. If you default on a loan, the banks or the corporations then have the legal right to confiscate your home, property, car, etc. or take you to court for payment.
All of this is accomplished because the Vatican believes it has been bestowed the Divine right through the Papal bull to have dominion over all land, property, valuables and even your own body and your children through their possession of the birth certificates. In their eyes, the people of the Earth are merely debt slaves or paupers, and thus, must not become a burden to the Church. And as such, slaves have no rights, have no say in the matter and by law, cannot own anything. In other words, slaves are property and not human beings.
 
Yet here we stand, in the year 2013 and we are witnessing the disintegration of this entire corrupt and insane system. And we are now actually getting to see how its demise is being accomplished. 

Granted, most people of the world will be shocked to the core to learn the true and absolute powers which lie within Vatican City, the Holy See and the Pope. The Holy Roman Empire has been the most powerful force on the planet for over 2,700 years. The Vatican has wielded indisputable temporal power over world affairs for centuries, including over the US as it sits at the very top of the pyramid when it come to the pecking order of planetary rulers.

Therefore, the very fact they have now authorized the discharge global debt is one of the greatest milestones in the history of the world. 

THE BANKRUPTCY OF THE NEW WORLD ORDER

Ironically, as the world's people are released from all debt obligations, the USA, Inc. shadow government, also known as Washington, DC will not be afforded the same privileges. The USA, Inc. has been over laid on top the original Republic envisioned by the Founding Fathers by an act of Congress known as the Organic Act of 1871, which established the Washington, DC/District of Columbia corporation. 

Despite the illegal formation of this corporation, the Republic of the united States for America, as it was originally intended to be still very much exists. The USA, Inc., the entity responsible for the national deficit, is now bankrupt and we are now witnessing its free fall.

––  As if to further confirm the discharge of the debt and the bankruptcy of the USA corporation, a series of strange events began to unfold over the weekend of August 3rd and 4th.
The US government announced as many as sixteen embassies in the Middle East would be closing for a period of several days. Within hours of that report on CNN, the US State Department declared the embassies instead will be closed for as long as a week, with a further number of African embassies added to the total of nineteen. 

––  Then, on Monday, August 5th, the Daily Mail reported HSBC Bank had informed the many foreign embassies and consulates located in England who are account holders, they will need to find another institution to do their business. As the foreign embassies, including even the Vatican, scrambled for an alternative, they found no other banks in England were willing to take on their banking needs either. 

Very likely the numerous embassy closings by the US State Department and the refusal of HSBC Bank to retain other foreign embassies as customers are intricately related to the ongoing bankruptcy of the world corporate governments. 

––  On August 12, 2013, Attorney General Eric Holder announced he would recommend the states begin to release prisoners in victimless crimes such as drug offenses, tax evasion, etc. It should be noted nearly one quarter of all prisoners world-wide are found in US jails. And yet we are told again and again, by our history books and our media we are a free nation. 

Make no mistake about it, the penal system is part of the international slave trade where prisoner bonds are bought and sold like livestock on an underground market. The very fact the US Attorney General would make such a pronouncement is clearly directly tied to the discharge of the global debt.
––  In still another astonishing development, on Thursday, August 22, the NASDAQ stock exchange went dark for a full three full hours during daytime trading. In the aftermath, many Wall Street media pundits and insiders were scratching their heads in an effort to figure out what really happened. They were unable to come up with any definitive answers. 

––  On August 23rd a report emerged insisting the down time was due to an attempt to link the NASDAQ exchange with the Global Currency Reset which ultimately crashed the entire system as many as six times. The NASDAQ collapse caused numerous other stock entities to briefly go off line, as well, including: the New York Stock Exchange (NYSE); the Toronto Exchange (TSX); the Iraq Stock Exchange (ISX); among several others. 

Although most sources attributed the outage to some kind of major technical glitch, it is important to note a malfunction of this magnitude had never occurred in the entire 42-year history of NASDAQ, easily the most technologically advanced exchange in the world. 

––  Ironically, tech titans Google and Amazon, as well as, media conglomerate, the New York Times, all had similar outages during the month of August. It is highly likely these other technical failures are not merely coincidental but perhaps part of a series of warning shots to the global elite. It should be noted, the heads of Google, Amazon & the New York Times all have been active members of the Bilderberg group

––  The very same day as the NASDAQ outage, August 22nd, the annual Federal Reserve meeting was convened in Jackson Hole, Wyoming without Ben Bernanke in attendance but with IMF Managing Director, Christine Lagarde. Ms. Lagarde was interviewed during the conference and proclaimed: "The banking system needs to be unclogged, and liquidity as well as instruments need to move fluidly throughout the system, which has not been the case."

––  On August 23rd, David Wilcock reported in his latest post the US military is now working with the hacker group Anonymous in a united effort to take down the Federal Reserve banking cartel. He also stated the majority of the military is in support of the take-down of the Federal Reserve cartel. If accurate, this report would mark a crucial development ensuring the proper security will be in a place for any type of scenario to institute the Global Currency Reset and the Restoration of the Republic. 

––  Meanwhile, the international cabal in an act of total desperation continues to try to ferment World War III in Syria in order to stave off their own bankruptcy and the implementation of the Global Currency Reset. Having already miserably failed to do the same in Afghanistan, Iraq, Iran and Egypt, Syria remains one of the few remaining Middle East countries vulnerable for manipulation through a false flag attack. 

Yet, even with a threat of world war, we are seeing more and more of the globe uniting to stand directly opposed an international cabal whose support may have now dwindled down to a mere eight member countries including: the US; Canada; France; England; Israel; Turkey; Saudi Arabia; and Qatar. Another clear sign the game has dramatically shifted. We have come to the point where nearly the whole of the planet has mandated we must begin the move towards a world of peace. 

CONCLUSION: THE FINAL PIECES FALLING INTO PLACE

Clearly we are seeing the collapse of an old paradigm no longer sustainable within our rapidly evolving reality. From this point on, we can expect big and spectacular changes to become the norm.
Unfortunately, it appears as if the sheer scope and scale of the Global Currency Reset and all its many components was a far grander and more complex undertaking than any had anticipated. The numerous technical issues which have cropped up recently with NASDAQ, Eurex and the co-ordination with other financial systems such as Forex as well as the newly created International Currency Exchange (ICX) have proven it to be so. 

Many, many reports have suggested numerous attempts of the GCR have been done without success thus far. We must now conclude there may still be several important pieces to this puzzle which must align themselves for the Reset to be finally launched. Yet we must appreciate the many steps which have already been accomplished and thus we can confidently determine we are very, very close to completion. 

With all of this extraordinary amount of activity, it should be abundantly clear by now we are dealing with a much, much bigger undertaking than revaluing one or two currencies. We are deep within the process of a total global phenomenon unprecedented in human history. As we sit now, humanity is at a critical stage of evolution. We have reached the point of no return.

Besides the upcoming date of September 1st, other significant dates to look towards include September 30th which is the end of the Fed fiscal year and October 8th when the new symbolic $100 bills will be released, ideally by the newly revitalized US Treasury, and not the Federal Reserve.
It is interesting to note the numerology for the date of August 31, 2013, the ending date before a new paradigm kicks in on September 1st ––  8 + 3 + 1 + 2 + 0 + 1 + 3 = 18. Then if broken down to single integer – 1 + 8 = 9. Nine is the symbolic number for completion. 

If you have been following this story for some time, you have also likely noticed a great deal of conflicting and confusing information has peaked to an all time high. Understandably, you may have reached a point where you are ready to throw your hands in the air in a state of exasperation.
As events accelerate towards a crescendo, we may well be in the midst of what scientists have often referred to as the Chaos Theory. In this instance, reality begins to accelerate into an increasing state of chaos. Eventually, it reaches what appears to be an out-of-control stage. At this point, a dramatic shift occurs taking reality to a much higher level, or a more evolved state of being. 

Do not be surprised if the world appears to get even stranger as we venture from an old paradigm into a new. From an old, outdated way of being to an entirely, expanded new one. 

One of the greatest detriments to change is fear. As we have discussed in many previous news articles, fear can be a extremely debilitating condition which robs us of our innate power. We must resist the temptation to fall into a state of fear as we come to this critical stage in the future of the Earthly experience, despite the threats which seem to emerge from everywhere. 

Ultimately, realize these are tests for us to overcome and all are merely an illusion. They are not real. In the process of overcoming our fears, we will accelerate our evolution that much more quickly.
We have outlined a great deal of very profound changes coming into our reality at this present time. These changes are directly the result of an awakening of consciousness within the human experience.
We must understand, all changes start from within. The world is not happening to us, we are directly affecting the experience we are having by our own thoughts and beliefs. All the conditions on the Earth, whether negative or positive, are the makings of the human mind. 

Realize how magnificent a time we are living in as we are now witnessing the world transforming right before us. A long, sordid chapter of slavery, subjugation, fraud and fear is thankfully coming to a close. Directly in front of us lies a much more spectacular and enhanced human experience. And it is here now for the taking. 

This time period which was long ago prophesied has been referred to in many different ways such as the great shift of consciousness, Heaven on Earth, or the Golden Age. Whatever label it goes by is of least importance, rather it is the feeling it engenders within which makes all the difference.
For sure, many, many challenges lie ahead us. Yet, ten times as many blessings will become accessible to you and your family like never before as we move forward. 

Indeed, the time has come to begin to reap the harvest. And what a bountiful one it will be

Best wishes and peace to all,
–– Scott Mowry

Friday, August 09, 2013

The Federal Reserve Cartel: The Eight Families


The Federal Reserve Cartel: The Eight Families

By Dean Henderson, published June 1, 2011
The Four Horsemen of Banking (Bank of America, JP Morgan Chase, Citigroup and Wells Fargo) own the Four Horsemen of Oil (Exxon Mobil, Royal Dutch/Shell, BP and Chevron Texaco); in tandem with Deutsche Bank, BNP, Barclays and other European old money behemoths. But their monopoly over the global economy does not end at the edge of the oil patch.

According to company 10K filings to the SEC, the Four Horsemen of Banking are among the top ten stock holders of virtually every Fortune 500 corporation.[1]
So who then are the stockholders in these money center banks?

This information is guarded much more closely. My queries to bank regulatory agencies regarding stock ownership in the top 25 US bank holding companies were given Freedom of Information Act status, before being denied on “national security” grounds. This is rather ironic, since many of the bank’s stockholders reside in Europe.

One important repository for the wealth of the global oligarchy that owns these bank holding companies is US Trust Corporation – founded in 1853 and now owned by Bank of America. A recent US Trust Corporate Director and Honorary Trustee was Walter Rothschild. Other directors included Daniel Davison of JP Morgan Chase, Richard Tucker of Exxon Mobil, Daniel Roberts of Citigroup and Marshall Schwartz of Morgan Stanley. [2]

J. W. McCallister, an oil industry insider with House of Saud connections, wrote in The Grim Reaper that information he acquired from Saudi bankers cited 80% ownership of the New York Federal Reserve Bank- by far the most powerful Fed branch- by just eight families, four of which reside in the US. They are the Goldman Sachs, Rockefellers, Lehmans and Kuhn Loebs of New York; the Rothschilds of Paris and London; the Warburgs of Hamburg; the Lazards of Paris; and the Israel Moses Seifs of Rome.

CPA Thomas D. Schauf corroborates McCallister’s claims, adding that ten banks control all twelve Federal Reserve Bank branches. He names N.M. Rothschild of London, Rothschild Bank of Berlin, Warburg Bank of Hamburg, Warburg Bank of Amsterdam, Lehman Brothers of New York, Lazard Brothers of Paris, Kuhn Loeb Bank of New York, Israel Moses Seif Bank of Italy, Goldman Sachs of New York and JP Morgan Chase Bank of New York. Schauf lists William Rockefeller, Paul Warburg, Jacob Schiff and James Stillman as individuals who own large shares of the Fed. [3] The Schiffs are insiders at Kuhn Loeb. The Stillmans are Citigroup insiders, who married into the Rockefeller clan at the turn of the century.

Eustace Mullins came to the same conclusions in his book The Secrets of the Federal Reserve, in which he displays charts connecting the Fed and its member banks to the families of Rothschild, Warburg, Rockefeller and the others. [4]

The control that these banking families exert over the global economy cannot be overstated and is quite intentionally shrouded in secrecy. Their corporate media arm is quick to discredit any information exposing this private central banking cartel as “conspiracy theory”. Yet the facts remain.

The House of Morgan
The Federal Reserve Bank was born in 1913, the same year US banking scion J. Pierpont Morgan died and the Rockefeller Foundation was formed. The House of Morgan presided over American finance from the corner of Wall Street and Broad, acting as quasi-US central bank since 1838, when George Peabody founded it in London.

Peabody was a business associate of the Rothschilds. In 1952 Fed researcher Eustace Mullins put forth the supposition that the Morgans were nothing more than Rothschild agents. Mullins wrote that the Rothschilds, “…preferred to operate anonymously in the US behind the facade of J.P. Morgan & Company”. [5]

Author Gabriel Kolko stated, “Morgan’s activities in 1895-1896 in selling US gold bonds in Europe were based on an alliance with the House of Rothschild.” [6]

The Morgan financial octopus wrapped its tentacles quickly around the globe. Morgan Grenfell operated in London. Morgan et Ce ruled Paris. The Rothschild’s Lambert cousins set up Drexel & Company in Philadelphia.

The House of Morgan catered to the Astors, DuPonts, Guggenheims, Vanderbilts and Rockefellers. It financed the launch of AT&T, General Motors, General Electric and DuPont. Like the London-based Rothschild and Barings banks, Morgan became part of the power structure in many countries.
By 1890 the House of Morgan was lending to Egypt’s central bank, financing Russian railroads, floating Brazilian provincial government bonds and funding Argentine public works projects. A recession in 1893 enhanced Morgan’s power. That year Morgan saved the US government from a bank panic, forming a syndicate to prop up government reserves with a shipment of $62 million worth of Rothschild gold. [7]

Morgan was the driving force behind Western expansion in the US, financing and controlling West-bound railroads through voting trusts. In 1879 Cornelius Vanderbilt’s Morgan-financed New York Central Railroad gave preferential shipping rates to John D. Rockefeller’s budding Standard Oil monopoly, cementing the Rockefeller/Morgan relationship.

The House of Morgan now fell under Rothschild and Rockefeller family control. A New York Herald headline read, “Railroad Kings Form Gigantic Trust”. J. Pierpont Morgan, who once stated, “Competition is a sin”, now opined gleefully, “Think of it. All competing railroad traffic west of St. Louis placed in the control of about thirty men.”[8]

Morgan and Edward Harriman’s banker Kuhn Loeb held a monopoly over the railroads, while banking dynasties Lehman, Goldman Sachs and Lazard joined the Rockefellers in controlling the US industrial base. [9]

In 1903 Banker’s Trust was set up by the Eight Families. Benjamin Strong of Banker’s Trust was the first Governor of the New York Federal Reserve Bank. The 1913 creation of the Fed fused the power of the Eight Families to the military and diplomatic might of the US government. If their overseas loans went unpaid, the oligarchs could now deploy US Marines to collect the debts. Morgan, Chase and Citibank formed an international lending syndicate.

The House of Morgan was cozy with the British House of Windsor and the Italian House of Savoy. The Kuhn Loebs, Warburgs, Lehmans, Lazards, Israel Moses Seifs and Goldman Sachs also had close ties to European royalty. By 1895 Morgan controlled the flow of gold in and out of the US. The first American wave of mergers was in its infancy and was being promoted by the bankers. In 1897 there were sixty-nine industrial mergers. By 1899 there were twelve-hundred. In 1904 John Moody – founder of Moody’s Investor Services – said it was impossible to talk of Rockefeller and Morgan interests as separate. [10]

Public distrust of the combine spread. Many considered them traitors working for European old money. Rockefeller’s Standard Oil, Andrew Carnegie’s US Steel and Edward Harriman’s railroads were all financed by banker Jacob Schiff at Kuhn Loeb, who worked closely with the European Rothschilds.

Several Western states banned the bankers. Populist preacher William Jennings Bryan was thrice the Democratic nominee for President from 1896 -1908. The central theme of his anti-imperialist campaign was that America was falling into a trap of “financial servitude to British capital”. Teddy Roosevelt defeated Bryan in 1908, but was forced by this spreading populist wildfire to enact the Sherman Anti-Trust Act. He then went after the Standard Oil Trust.

In 1912 the Pujo hearings were held, addressing concentration of power on Wall Street. That same year Mrs. Edward Harriman sold her substantial shares in New York’s Guaranty Trust Bank to J.P. Morgan, creating Morgan Guaranty Trust. Judge Louis Brandeis convinced President Woodrow Wilson to call for an end to interlocking board directorates. In 1914 the Clayton Anti-Trust Act was passed.

Jack Morgan – J. Pierpont’s son and successor – responded by calling on Morgan clients Remington and Winchester to increase arms production. He argued that the US needed to enter WWI. Goaded by the Carnegie Foundation and other oligarchy fronts, Wilson accommodated. As Charles Tansill wrote in America Goes to War, “Even before the clash of arms, the French firm of Rothschild Freres cabled to Morgan & Company in New York suggesting the flotation of a loan of $100 million, a substantial part of which was to be left in the US to pay for French purchases of American goods.”
The House of Morgan financed half the US war effort, while receiving commissions for lining up contractors like GE, Du Pont, US Steel, Kennecott and ASARCO. All were Morgan clients. Morgan also financed the British Boer War in South Africa and the Franco-Prussian War. The 1919 Paris Peace Conference was presided over by Morgan, which led both German and Allied reconstruction efforts. [11]

In the 1930’s populism resurfaced in America after Goldman Sachs, Lehman Bank and others profited from the Crash of 1929. [12] House Banking Committee Chairman Louis McFadden (D-NY) said of the Great Depression, “It was no accident. It was a carefully contrived occurrence…The international bankers sought to bring about a condition of despair here so they might emerge as rulers of us all”.

Sen. Gerald Nye (D-ND) chaired a munitions investigation in 1936. Nye concluded that the House of Morgan had plunged the US into WWI to protect loans and create a booming arms industry. Nye later produced a document titled The Next War, which cynically referred to “the old goddess of democracy trick”, through which Japan could be used to lure the US into WWII.

In 1937 Interior Secretary Harold Ickes warned of the influence of “America’s 60 Families”. Historian Ferdinand Lundberg later penned a book of the exact same title. Supreme Court Justice William O. Douglas decried, “Morgan influence…the most pernicious one in industry and finance today.”

Jack Morgan responded by nudging the US towards WWII. Morgan had close relations with the Iwasaki and Dan families – Japan’s two wealthiest clans – who have owned Mitsubishi and Mitsui, respectively, since the companies emerged from 17th Century shogunates. When Japan invaded Manchuria, slaughtering Chinese peasants at Nanking, Morgan downplayed the incident. Morgan also had close relations with Italian fascist Benito Mussolini, while German Nazi Dr. Hjalmer Schacht was a Morgan Bank liaison during WWII. After the war Morgan representatives met with Schacht at the Bank of International Settlements (BIS) in Basel, Switzerland. [13]

The House of Rockefeller
BIS is the most powerful bank in the world, a global central bank for the Eight Families who control the private central banks of almost all Western and developing nations. The first President of BIS was Rockefeller banker Gates McGarrah- an official at Chase Manhattan and the Federal Reserve. McGarrah was the grandfather of former CIA director Richard Helms. The Rockefellers- like the Morgans- had close ties to London. David Icke writes in Children of the Matrix, that the Rockefellers and Morgans were just “gofers” for the European Rothschilds. [14]

BIS is owned by the Federal Reserve, Bank of England, Bank of Italy, Bank of Canada, Swiss National Bank, Nederlandsche Bank, Bundesbank and Bank of France.

Historian Carroll Quigley wrote in his epic book Tragedy and Hope that BIS was part of a plan, “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…to be controlled in a feudalistic fashion by the central banks of the world acting in concert by secret agreements.”

The US government had a historical distrust of BIS, lobbying unsuccessfully for its demise at the 1944 post-WWII Bretton Woods Conference. Instead the Eight Families’ power was exacerbated, with the Bretton Woods creation of the IMF and the World Bank. The US Federal Reserve only took shares in BIS in September 1994. [15]

BIS holds at least 10% of monetary reserves for at least 80 of the world’s central banks, the IMF and other multilateral institutions. It serves as financial agent for international agreements, collects information on the global economy and serves as lender of last resort to prevent global financial collapse.
BIS promotes an agenda of monopoly capitalist fascism. It gave a bridge loan to Hungary in the 1990’s to ensure privatization of that country’s economy. It served as conduit for Eight Families funding of Adolf Hitler- led by the Warburg’s J. Henry Schroeder and Mendelsohn Bank of Amsterdam. Many researchers assert that BIS is at the nadir of global drug money laundering. [16]

It is no coincidence that BIS is headquartered in Switzerland, favorite hiding place for the wealth of the global aristocracy and headquarters for the P-2 Italian Freemason’s Alpina Lodge and Nazi International. Other institutions which the Eight Families control include the World Economic Forum, the International Monetary Conference and the World Trade Organization.

Bretton Woods was a boon to the Eight Families. The IMF and World Bank were central to this “new world order”. In 1944 the first World Bank bonds were floated by Morgan Stanley and First Boston. The French Lazard family became more involved in House of Morgan interests. Lazard Freres- France’s biggest investment bank- is owned by the Lazard and David-Weill families- old Genoese banking scions represented by Michelle Davive. A recent Chairman and CEO of Citigroup was Sanford Weill.

In 1968 Morgan Guaranty launched Euro-Clear, a Brussels-based bank clearing system for Eurodollar securities. It was the first such automated endeavor. Some took to calling Euro-Clear “The Beast”. Brussels serves as headquarters for the new European Central Bank and for NATO. In 1973 Morgan officials met secretly in Bermuda to illegally resurrect the old House of Morgan, twenty years before Glass Steagal Act was repealed. Morgan and the Rockefellers provided the financial backing for Merrill Lynch, boosting it into the Big 5 of US investment banking. Merrill is now part of Bank of America.

John D. Rockefeller used his oil wealth to acquire Equitable Trust, which had gobbled up several large banks and corporations by the 1920’s. The Great Depression helped consolidate Rockefeller’s power. His Chase Bank merged with Kuhn Loeb’s Manhattan Bank to form Chase Manhattan, cementing a long-time family relationship. The Kuhn-Loeb’s had financed – along with Rothschilds – Rockefeller’s quest to become king of the oil patch. National City Bank of Cleveland provided John D. with the money needed to embark upon his monopolization of the US oil industry. The bank was identified in Congressional hearings as being one of three Rothschild-owned banks in the US during the 1870’s, when Rockefeller first incorporated as Standard Oil of Ohio. [17]

One Rockefeller Standard Oil partner was Edward Harkness, whose family came to control Chemical Bank. Another was James Stillman, whose family controlled Manufacturers Hanover Trust. Both banks have merged under the JP Morgan Chase umbrella. Two of James Stillman’s daughters married two of William Rockefeller’s sons. The two families control a big chunk of Citigroup as well. [18]
In the insurance business, the Rockefellers control Metropolitan Life, Equitable Life, Prudential and New York Life. Rockefeller banks control 25% of all assets of the 50 largest US commercial banks and 30% of all assets of the 50 largest insurance companies. [19] Insurance companies- the first in the US was launched by Freemasons through their Woodman’s of America- play a key role in the Bermuda drug money shuffle.

Companies under Rockefeller control include Exxon Mobil, Chevron Texaco, BP Amoco, Marathon Oil, Freeport McMoran, Quaker Oats, ASARCO, United, Delta, Northwest, ITT, International Harvester, Xerox, Boeing, Westinghouse, Hewlett-Packard, Honeywell, International Paper, Pfizer, Motorola, Monsanto, Union Carbide and General Foods.

The Rockefeller Foundation has close financial ties to both Ford and Carnegie Foundations. Other family philanthropic endeavors include Rockefeller Brothers Fund, Rockefeller Institute for Medical Research, General Education Board, Rockefeller University and the University of Chicago- which churns out a steady stream of far right economists as apologists for international capital, including Milton Friedman.

The family owns 30 Rockefeller Plaza, where the national Christmas tree is lighted every year, and Rockefeller Center. David Rockefeller was instrumental in the construction of the World Trade Center towers. The main Rockefeller family home is a hulking complex in upstate New York known as Pocantico Hills. They also own a 32-room 5th Avenue duplex in Manhattan, a mansion in Washington, DC, Monte Sacro Ranch in Venezuela, coffee plantations in Ecuador, several farms in Brazil, an estate at Seal Harbor, Maine and resorts in the Caribbean, Hawaii and Puerto Rico. [20]

The Dulles and Rockefeller families are cousins. Allen Dulles created the CIA, assisted the Nazis, covered up the Kennedy hit from his Warren Commission perch and struck a deal with the Muslim Brotherhood to create mind-controlled assassins. [21]

Brother John Foster Dulles presided over the phony Goldman Sachs trusts before the 1929 stock market crash and helped his brother overthrow governments in Iran and Guatemala. Both were Skull & Bones, Council on Foreign Relations (CFR) insiders and 33rd Degree Masons. [22]

The Rockefellers were instrumental in forming the depopulation-oriented Club of Rome at their family estate in Bellagio, Italy. Their Pocantico Hills estate gave birth to the Trilateral Commission. The family is a major funder of the eugenics movement which spawned Hitler, human cloning and the current DNA obsession in US scientific circles.

John Rockefeller Jr. headed the Population Council until his death. [23] His namesake son is a Senator from West Virginia. Brother Winthrop Rockefeller was Lieutenant Governor of Arkansas and remains the most powerful man in that state. In an October 1975 interview with Playboy magazine, Vice-President Nelson Rockefeller- who was also Governor of New York- articulated his family’s patronizing worldview, “I am a great believer in planning- economic, social, political, military, total world planning.”

But of all the Rockefeller brothers, it is Trilateral Commission (TC) founder and Chase Manhattan Chairman David who has spearheaded the family’s fascist agenda on a global scale. He defended the Shah of Iran, the South African apartheid regime and the Chilean Pinochet junta. He was the biggest financier of the CFR, the TC and (during the Vietnam War) the Committee for an Effective and Durable Peace in Asia- a contract bonanza for those who made their living off the conflict.

Nixon asked him to be Secretary of Treasury, but Rockefeller declined the job, knowing his power was much greater at the helm of the Chase. Author Gary Allen writes in The Rockefeller File that in 1973, “David Rockefeller met with twenty-seven heads of state, including the rulers of Russia and Red China.”

Following the 1975 Nugan Hand Bank/CIA coup against Australian Prime Minister Gough Whitlam, his British Crown-appointed successor Malcolm Fraser sped to the US, where he met with President Gerald Ford after conferring with David Rockefeller. [24]

Tuesday, June 08, 2010

Protecting Your Superannuation

IntroductionSuper has been given a lot of bad press lately. Many people have seen the value of their nest egg drop dramatically. But it is not the Superannuation system that is the problem, rather it is where your money has been invested that has lead to the drop in value.Many people are in the ‘default’ Balanced option that has a large exposure to the share market. This is good if the market is going up but not so good when it is going down. This article describes the simple steps I have been using since July 2007 to take back control of my super, stop the drop in value when the share market falls and still reap the rewards when it rises. I spend no more that a few minutes each week on it and I did it without starting my own super fund.ResultsBefore discussing the method in detail, let’s look at how it would have worked since July 2000. In the following charts, the results for the Switching method described here are always shown in Blue.Switching versus 60/40 Balanced versus 100% Australian SharesThis table shows the returns as of 30 March 2010 for the last 10 years, 5 years, 3 years, 1 years and 3 months. 10 years to 30/3/2010 5 years to 30/3/2010 3 years to 30/3/2010 1 year to 30/3/2010 3 months to 30/3/2010Switching 95.72% 45.31% 14.08% 4.66% -6.44%60/40 Balanced 67.50% 26.99% -2.13% 21.95% 0.82%100% Australian Shares 61.62% 19.86% -16.80% 33.26% 0.54%The chart below shows indicative returns for $10,000 invested in super in July 2000 using the Switching method described here versus 60/40 “Balanced Fund” versus 100% Australian Shares. (See the footnotes for assumptions made.)Most superannuation is in a “Balanced Fund”. The typical Balanced fund is 60% shares and 40% Cash.Following the super switching method discussed below, the $10,000 was switched between a 100% Cash Super Fund, returning a nominal 5%, and 100% Australian Shares Fund. The straight lines in the Switching plot are when the 100% of the balance has been switched to Cash and is getting 5%.As the chart below shows, this method has the desirable features of sustained grow in a variety of market conditions while avoiding deep losses when the share market falls.As the chart and table above shows, over this time scale the Switching method is substantially ahead of both the “Balanced Fund” and the 100% Shares fund..Consistency of the Switching MethodThe consistency of the Switching method is more clearly illustrated by the next three charts which shows the percentage gains (and losses) each calendar year from 2001 to 2009.These charts show that the Switching method has consistently return positive results since 2001. While both the 'Balanced' fund and 100% Australian Shares have had negative years and are much more variable in their results.The low variability of the Switching method from year to year is one of its key features as it gives me re-assurance that I can plan, each year, on having my superannuation funds available next year to support my retirement.Summary of ResultsSo, in summary, a check of the Switching method over the last 10 years (since 4th July 2000) shows a steady rise in value with low variability from year to year. And this consistency does not cost you growth. The performance table shows that over the last 10 years the Switching method is well ahead of both a Balance and 100% share fund, 95% increase in funds for the Switching method versus 67% for the Balanced Fund and 61% for the 100% shares option. (Again see the footnotes for assumptions made in producing these figures.) Having convinced myself that my switching method performed well, I started using it in July 2007.My Switching MethodStep 1: Selecting the Super FundTo use this method I need to be able to regularly change where my super was invested, shares, cash etc. Many funds only allow changes to be made a few times a year. This is not often enough to allow the transfer of the super out of shares when the share market starts going down and transfer it back to shares when the market starts going up.I found that AustralianSuper, an industry super fund, (www.australiansuper.com) allowed me to change the allocation of my super on a weekly basis with out penalty.Email me if you find other suitable funds that provide a similar service. Make sure you check the current terms and conditions before making your choice of fund. * www.hostplus.com.au, an industry super fund, say they allow weekly changes free of charge. * www.intrustsuper.com.au ,"Intrust Super, a 100% Industry Super fund, also allow their members to switch investments weekly and at no extra charge to the member." * www.agest.com.au “We do not currently limit the number of investment switches you can make, nor do we charge a fee for making an investment switch. However, we do reserve the right to change these arrangements in the future. We will give you at least 30 days’ notice if this is to occur.”I transferred all my super from my previous fund to AustralianSuper.Step 2: Internet AccessI need access to a computer with an internet connection to perform the checks described below and to advise AustralianSuper of my switch request. I have a computer and the internet at home, but could just as easily use the internet facilities at the local library or internet café.Step 3: Deciding when to Switch.Each weekend, I spend a few minutes performing the checks described below and then, if necessary, use the AustralianSuper web site to request a switch. AustralianSuper then actions the switch early the following week.If I am currently 100% in Cash, I am asking myself “Is the share market going up? Should I switch to Shares?”. If I am currently 100% in Shares, I am asking myself “Is the share market going down? Should I switch to Cash?”. Initially I transferred all my super to AustralianSuper’s Cash option.To answer the questions I use two Simple Moving Averages (SMA) indicators on the Australian All Ordinaries (au:xao), so first I will describe how I plot those indicators using BigCharts. (www.bigcharts.com). For more information on Simple Moving Averages search on the internetThe Simple Moving Average Indicators (SMA):To plot SMA(3), I first bring up www.bigcharts.com on my computer's web browser. At the main screen (sometimes there an advertisement I have to click through), I type in au:xao for the stock code and click on Advanced Chart. (i.e. the second button, Advanced Chart)This brings up a chart of the Australian All Ordinaries. (shown here as taken on 17th Sept. 2009)On the left hand side of the web page (shown above) I click on the “time frame” arrow and when the box opens I select “2 months”, “Daily”. I then click on the “indicators” arrow and choose “SMA (3-line)”, 10 and then click the Draw Chart button at the top to redraw the chart with these settings.There are three coloured code lines with their legend at the top of the chart, SMA(10) yellow, SMA(20) blue and SMA(30) red. If the SMA(10) line is above the SMA(30) line on the day I check then I take that as an indication that the share market is going up in the short term. If the SMA(10) line is equal or below the SMA(30) line then I think the share market is going down and I switch all my super to Cash.I only want to be in the share market when it is generally rising as well as going up in the short time and I want to be out of the share market when it is generally falling. As an indication of this I use a second SMA time interval of 40 (shown below)If the SMA(40) line is above the SMA(120) on the day I check, then I think the share market is going up in the long term. On the other hand if the SMA(40) is below or equal to the SMA(120) line then I thing the share market is going down in the long term.To see how this works look at the chart belowPlace a piece of paper over the second half of the chart and look at the SMA(40) and SMA(120) lines on the last visible date. Then slide the paper to the right and see how well the SMA line indicated the direction of the share market.As you can see for most of the down trend and most of the up trend, whether the SMA(40) line is above or below the SMA(120) line, is a good indicator of the direction of the market. But these lines change slowly and where they cross is always after the top and the bottom of the market.I don't mind being late to get back into the market when it starts to rise again but I want to get out quickly if it starts to fall. That is why I also use the SMA(10) over SMA(30) to make me switch early if the market starts to fall. The SMA(10) over SMA(30) lines move much more quickly and so cross sooner when the market starts to fall.Deciding When the Switch: The Rules I ApplySo now that I have shown the two sets of SMA indicators I use, here are the rules I apply to tell me when to switch from Cash to Shares and back again. I perform the following checks each weekend using the SMA values for previous Friday.If I have all my super in Shares, when do I switch to 100% cash?As soon as the Friday's SMA(10) line equals or falls below the SMA(30) lineORif the Friday's SMA(40) line equals or falls below the SMA(120) line.If I have any doubt about whether or not the line is on or below the other one, I assume the worst and switch to the safety of Cash.If I have all my super is Cash, when do I switch to 100% Shares?Here I am more cautious because having my super is shares is much more risky then getting 5% in Cash. Before I will switch my super back to 100% Shares, ALL the three following conditions need to be met. 1. the Friday's SMA(40) has to be above the SMA(120) line, indicating a long term rising market 2. the Friday's SMA(10) has to be above the SMA(30) line, indicating the market is going up in the short term 3. The All Ordinaries close on Friday must be above the All Ordinaries open on the previous Monday, indicating the market rose in the previous week.For condition 3) the left hand tick on each black bar is the open for that day and the right hand tick is the close. So left hand tick 5 bars (days) ago must be below the right hand tick for the last bar to satisfy condition 3).Again, if I have any doubt about whether or not one of the above conditions has been met, then I assume the worst and leave all my super in the safety of Cash for another week.Conclusion:I have found that by selecting an appropriate super fund and using the simple rules described above, based a chart of All Ordinaries index available on the internet, that I was able to avoid heavy losses in my super over the last few years while still making gains now that the share market is recovering. I sometimes lose money switching into Shares and out again, but I catch the major rises in the market while avoiding the major falls.Spending a few minutes once a week applying this method, lets me sleep peacefully every night when the share market goes in to a substantial decline because this method has has told me to put all my super into Cash and using this method also removes the worry about when I should put my super back into Shares as the market recovers.Footnotes:Assumptions used to produce the chart of indicative returns since July 2000 and since July 2006. 1. The Cash return was fixed at 5% per annum 2. The profit or loss was applied each time a switch was made. 3. A switch lodged on the weekend was executed at the opening all ordinaries index on the following Tuesday. 4. No dividends from the shares were applied and no superannuation fund fees were deducted 5. The superannuation Share Fund tracks the All Ordinaries Index. 6. The “Balance Fund” is 60% shares and 40% Cash and is rebalanced to 60/40 each 6 months on the first Tuesday in January and July
Protecting Your Superannuation