It was true in 1917, and it is true today– Senator George Norris’ Speech on the economy of war

A short excerpt of Senator George Norris’ speech regarding the economic benefits of WWI to Wall Street.

“To whom does war bring prosperity? Not to the soldier who for the munificent compensation of $16 per month shoulders his musket and goes into the trench, there to shed his blood and to die if necessary; not to the brokenhearted widow who waits for the return of the mangled body of her husband; not to the mother who weeps at the death of her brave boy; not to the little children who shiver with cold; not to the babe who suffers from hunger; nor to the millions of mothers and daughters who carry broken hearts to their graves. War brings no prosperity to the great mass of common and patriotic citizens. It increases the cost of living of those who toil and those who already must strain every effort to keep soul and body together. War brings prosperity to the stock gambler on Wall Street–to those who are already in possession of more wealth than can be realized or enjoyed.

Again this writer says that if we cannot get war, “it is nevertheless good opinion that the preparedness program will compensate in good measure for the loss of the stimulus of actual war.” That is, if we cannot get war, let us go as far in that direction as possible. If we cannot get war, let us cry for additional ships, additional guns, additional munitions, and everything else that will have a tendency to bring us as near as possible to the verge of war. And if war comes, do such men as these shoulder the musket and go into the trenches?

Their object in having war and in preparing for war is to make money. Human suffering and the sacrifice of human life are necessary, but Wall Street considers only the dollars and the cents. The men who do the fighting, the people who make the sacrifices are the ones who will not be counted in the measure of this great prosperity that he depicts. The stockbrokers would not, of course, go to war because the very object they have in bringing on the war is profit, and therefore they must remain in their Wall Street offices in order to share in that great prosperity which they say war will bring. The volunteer officer, even the drafting officer, will not find them. They will be concealed in their palatial offices on Wall Street, sitting behind mahogany desks, covered up with clipped coupons–coupons soiled with the sweat of honest toil, coupons stained with mothers’ tears, coupons dyed in the lifeblood of their fellowmen.

We are taking a step today that is fraught with untold danger. We are going into war upon the command of gold. We are going to run the risk of sacrificing millions of our countrymen’s lives in order that other countrymen may coin their lifeblood into money. And even if we do not cross the Atlantic and go into the trenches, we are going to pile up a debt that the tolling masses that shall come many generations after us will have to pay. Unborn millions will bend their backs in toil in order to pay for the terrible step we are now about to take.

We are about to do the bidding of wealth’s terrible mandate. By our act we will make millions of our countrymen suffer, and the consequences of it may well be that millions of our brethren must shed their lifeblood, millions of brokenhearted women must weep, millions of children must suffer with cold, and millions of babes must die from hunger, and all because we want to preserve the commercial right of American citizens to deliver munitions of war to belligerent nations.”

Quote of the Day

“Forget the politicians. The politicians are put there to give you the idea you have freedom of choice. You don’t. You have no choice. You have owners. They own you. They own everything. They own all the important land, they own and control the corporations that’ve long since bought and paid for, the senate, the congress, the state houses, the city halls, they got the judges in their back pocket, and they own all the big media companies so they control just about all of the news and the information you get to hear. They got you by the balls. They spend billions of dollars every year lobbying to get what they want. Well, we know what they want. They want more for themselves and less for everybody else. But I’ll tell you what they don’t want. They don’t want a population of citizens capable of critical thinking. They don’t want well informed, well educated people capable of critical thinking. They’re not interested in that. That doesn’t help them.”
George Carlin

Rothschild Part 2

Mayer_Amschel_Rothschild

As we are learning about this family together, I have included a few things that I’ve found interesting.

Mayer Amschel Bauer/Rothschild (1744- 1812) lived in Frankfurt, Germany and had 5 sons:

Amschel Mayer- remained in Frankfurt

Solomon- went to Vienna

Nathan- went to London at 21 (1798)  about 100 years after the Bank of England was founded

Carl- went to Naples

James/Jacob- went to Paris

*By 1850 James (Jacob) was worth 600,000 french francs, 150,000 more than all other French bankers combined*

By the mid 1800’s the Rothschild family dominated European Banking, utilizing fractional reserve banking.

(lending out substantially more than what you have in your vaults)

1600’s- England was in dire debt, due to 50 yrs of war with Holland and France. England’s politicians begged the money changers for loans. They obliged, but in return the money changers (hem hem)  wanted to establish a private bank backed by the government.

July 27, 1694 -The Bank of England, the second private central bank was born.

(The first privately owned central bank is Bank of Amsterdam)

Secret investors bought 1.25 million pounds worth of shares

The Bank of England could legally print money out of thin air (must be nice)

So, the English government (politicians) could borrow as much as it wanted -as long as it secured the loans with direct taxation of the citizens.

Since the Bank of England was printing money that was not backed up by any gold, essentially it was legally counterfeiting the national currency to benefit the individuals who owned the bank.

1. Nation sells bonds to central bank to fund things citizens don’t consent to pay for through taxes.

2. The central bank prints more notes to give to the government

3. Therefore, the government gets to spend as much as it wants

4. Due to the central bank printing more money for the government, the money in circulation is subsequently worth less.

Voilà! Inflation!

rothschild-family-tree

Rothschild Part 1

I know it’s the holiday season, and you have more pleasant things to do than listen to this shit. So I’ll try to keep it short & sweet.

This documentary is very informative. I highly recommend you watching it, even if you have to break it up into parts. Anyway, I have included a few things I found interesting.

1815– Nathan Rothschild used his insider information regarding the defeat of Napoleon at The Battle of Waterloo to start a panic by informing his workers to start selling British bonds. This led led other traders to believe Britain had lost. When the panic culminated, he bought BACK the bonds at a fraction of the price.

By the mid 1800’s the Rothschilds were indisputably the wealthiest family in Europe

“Revolutions are generally triggered of by deficiency of money. By preventing such deficiencies, the Rothschild sustem may serve to preserve peace in Europe.”

“This system or rather Nathan Rothschild, its inventor still providing firm foundations for such peace. It does not inhibit one state from making war on another exactly as before, but it does make it difficult for the people to overthrow established authority.”

“Religions is no longer able to guarantee the governments that the people will remain peaceful. The Rothschild system of loans can perform the task much better…It possesses the moral force or power which religion has lost. It can act as a surrogate for religion.”

“Indeed it IS a new religion and when the old religion finally goes under, it will provide substitutes for its practical blessings. Strangely it is once again the Jews who invented this new religion.”

–  Heinrich Hein.  German Poet