Quote of the Day

“Single acts of tyranny may be ascribed to the accidental opinion of the day, but a series of oppressions begun at a distinguished period, unalterable through every change of ministers, too plainly prove a deliberate, systematic plan of reducing us to slavery”

-Thomas Jefferson

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