by Gary Allen and Larry Abraham
Probably at some time you have been involved with or had personal knowledge of some event which was reported in the news. Perhaps it concerned an athletic event, an election, a committee or your business. Did the report contain the "real" story, the story behind the story? Probably not. And for a variety of reasons. The reporter had time and space problems, and there is a good chance the persons involved deliberately did not reveal all the facts. Possibly the reporter's own prejudices governed what facts went into the story and which were deleted. Our point is that most people know from personal experience that a news story often is not the whole story. But many of us assume that our own case is unique when really it is typical. What is true about the reporting of local events is equally as true about the reporting of national and international events.
It is difficult for the average individual to fathom such perverted lust for power. The typical person, of whatever nationality, wants only to enjoy success in his job, to be able to afford a reasonably high standard of living complete with leisure and travel. He wants to provide for his family in sickness and in health and to give his children a sound education. His ambition stops there. He has no desire to exercise power over others, to conquer other lands or peoples, to be a king. He wants to mind his own business and enjoy life. Since he has no lust for power, it is difficult for him to imagine that there are others who have -- others who march to a far different drum. But we must realize that there have been Hitlers and Lenins and Stalins and Caesars and Alexander the Greats throughout history. Why should we assume there are no such men today with perverted lusts for power? And if these men happen to be billionaires is it not possible that they would use men like Hitler and Lenin as pawns to seize power for themselves?
Where do governments get the enormous amounts of money they need? Most, of course, comes from taxation; but governments often spend more than they are willing to tax from their citizens and so are forced to borrow. Our national debt is now $455 billion on every cent of it borrowed at interest from somewhere.
The public is led to believe that our government borrows from "the people" through savings bonds. Actually, only the smallest percentage of the national debt is held by individuals in this form. Most government bonds, except those owned by the government itself through its trust funds, are held by vast banking firms known as international banks.
For centuries there has been big money to be made by international bankers in the financing of governments and kings. Such operators are faced, however, with certain thorny problems. We know that smaller banking operations protect themselves by taking collateral, but what kind of collateral can you get from a government or a king? What if the banker comes to collect and the king says, "Off with his head"? The process through which one collects a debt from a government or a monarch is not a subject taught in the business schools of our universities, and most of us -- never having been in the business of financing kings -- have not given the problem much thought But there is a king-financing business and to those who can ensure collection it is lucrative indeed.
Economics Professor Stuart Crane notes that there are two means used to collateralize loans to governments and kings. Whenever a business firm borrows big money its creditor obtains a voice in management to protect his investment. Like a business, no government can borrow big money unless willing to surrender to the creditor some measure of sovereignty as collateral. Certainly international bankers who have loaned hundred' of billions of dollars to governments around the work command considerable influence in the policies of such governments.
But the ultimate advantage the creditor has over the king or president is that if the ruler gets out of line the banker can finance his enemy or rival. Therefore, if you want to stay in the lucrative king-financing business, it is wise to have an enemy or rival waiting in the wings to unseat every king or president to whom you lend. If the king doesn't have an enemy, you must create one. Preeminent in playing this game was the famous House of Rothschild. Its founder, Meyer Amschel Rothschild (1743-1812) of Frankfurt, Germany, kept one of his five sons at home to run the Frankfurt bank and sent the others to London, Paris, Vienna and Naples. The Rothschilds became incredibly wealthy during the nineteenth century by financing governments to fight each other.
It is difficult for the average individual to fathom such perverted lust for power. The typical person, of whatever nationality, wants only to enjoy success in his job, to be able to afford a reasonably high standard of living complete with leisure and travel. He wants to provide for his family in sickness and in health and to give his children a sound education. His ambition stops there. He has no desire to exercise power over others, to conquer other lands or peoples, to be a king. He wants to mind his own business and enjoy life. Since he has no lust for power, it is difficult for him to imagine that there are others who have -- others who march to a far different drum. But we must realize that there have been Hitlers and Lenins and Stalins and Caesars and Alexander the Greats throughout history. Why should we assume there are no such men today with perverted lusts for power? And if these men happen to be billionaires is it not possible that they would use men like Hitler and Lenin as pawns to seize power for themselves?
Where do governments get the enormous amounts of money they need? Most, of course, comes from taxation; but governments often spend more than they are willing to tax from their citizens and so are forced to borrow. Our national debt is now $455 billion on every cent of it borrowed at interest from somewhere.
The public is led to believe that our government borrows from "the people" through savings bonds. Actually, only the smallest percentage of the national debt is held by individuals in this form. Most government bonds, except those owned by the government itself through its trust funds, are held by vast banking firms known as international banks.
For centuries there has been big money to be made by international bankers in the financing of governments and kings. Such operators are faced, however, with certain thorny problems. We know that smaller banking operations protect themselves by taking collateral, but what kind of collateral can you get from a government or a king? What if the banker comes to collect and the king says, "Off with his head"? The process through which one collects a debt from a government or a monarch is not a subject taught in the business schools of our universities, and most of us -- never having been in the business of financing kings -- have not given the problem much thought But there is a king-financing business and to those who can ensure collection it is lucrative indeed.
Economics Professor Stuart Crane notes that there are two means used to collateralize loans to governments and kings. Whenever a business firm borrows big money its creditor obtains a voice in management to protect his investment. Like a business, no government can borrow big money unless willing to surrender to the creditor some measure of sovereignty as collateral. Certainly international bankers who have loaned hundred' of billions of dollars to governments around the work command considerable influence in the policies of such governments.
But the ultimate advantage the creditor has over the king or president is that if the ruler gets out of line the banker can finance his enemy or rival. Therefore, if you want to stay in the lucrative king-financing business, it is wise to have an enemy or rival waiting in the wings to unseat every king or president to whom you lend. If the king doesn't have an enemy, you must create one. Preeminent in playing this game was the famous House of Rothschild. Its founder, Meyer Amschel Rothschild (1743-1812) of Frankfurt, Germany, kept one of his five sons at home to run the Frankfurt bank and sent the others to London, Paris, Vienna and Naples. The Rothschilds became incredibly wealthy during the nineteenth century by financing governments to fight each other.
