In short, interest rates could not be so easily manipulated or “fixed” unless someone or some institution was able to control the volume of money. And who or what is able to do that?Well, it’s the government-chartered central banks that have been given a monopoly privilege in the creation of money. Rather than letting the free market determine what money is and how much of it is in circulation, our central-banking, fiat-money system has entrusted that power to a tiny, state-sponsored elite.
The speculative excesses and corruption witnessed in recent years are a natural outcome of the artificially low interest rates that the central banks have created through inflation. If more-disciplined monetary policies been in place (as they would have been in the absence of central banks), much of the economic destruction of the past few decades would have been averted. Concentrating such immense power in the hands of a few individuals is a very bad idea, and, here in the United States, it also happens to be very unconstitutional.12-12-2012 While the CIA is commonly understood to be an intelligence agency, we shouldn’t forget the important role it has played in carrying out clandestine operations that have benefited the financial elite. This accusation is substantiated by the CIA’s elitist origins, its well-documented connections to Wall Street, and its sordid history of carrying out assassinations, staging coups, and fomenting civil wars.
The CIA and the financial elite have always had shared goals, interests and backgrounds. Those in the upper echelons at Langley have often attended the same universities, belonged to the same fraternities, and attended the same clubs and parties as the Wall Street elite. This is why the intelligence community is often described as the “old boy network.” This collusion is perhaps best illustrated by the career of Allen Welsh Dulles. Dulles was an operative of the Office of Strategic Services (OSS), the American WWII intelligence organization and forerunner of the CIA. He was also a senior partner of Sullivan & Cromwell, a well-connected Wall Street law firm representing several large American corporations, and a board member of J. Henry Schroeder Bank, a multinational investment house. Dulles’s international business concerns created myriad conflicts of interest while he headed the CIA from 1953 to 1961.
When Dulles was assigned the task of drafting the proposal for the organization that was to become the Central Intelligence Agency, he created an advisory group of a half dozen men, all of them Wall Street investment bankers and lawyers. Incidentally, Dulles had intended to be installed as Director of Central Intelligence (DCI) as early as 1949, but when President Harry Truman defeated New York Governor Thomas Dewey (Dulles was Dewey’s speech writer) in the 1948 presidential election, his plans were put on hold….
American multinational corporations have built up colossal interests all over the world, and you can bet … that wherever you find U. S. business interests, you also find the CIA.… The multinational corporations want a peaceful status quo in countries where they have investments, because that gives them undisturbed access to cheap raw materials, cheap labor and stable markets for their finished goods. The status quo suits bankers, because their money remains secure and multiplies. And of course, the status quo suits the small ruling groups the CIA supports abroad, because all they want is to keep themselves on top of the socioeconomic pyramid and the majority of their people on the bottom.
-Tim Kelly is a columnist and policy advisor at The Future of Freedom Foundation in Fairfax, Virginia, a correspondent for Radio America’s Special Investigator, and a political cartoonist. https://www.fff.org/explore-freedom/article/the-corporatist-intelligence-agency/
The speculative excesses and corruption witnessed in recent years are a natural outcome of the artificially low interest rates that the central banks have created through inflation. If more-disciplined monetary policies been in place (as they would have been in the absence of central banks), much of the economic destruction of the past few decades would have been averted. Concentrating such immense power in the hands of a few individuals is a very bad idea, and, here in the United States, it also happens to be very unconstitutional.12-12-2012 While the CIA is commonly understood to be an intelligence agency, we shouldn’t forget the important role it has played in carrying out clandestine operations that have benefited the financial elite. This accusation is substantiated by the CIA’s elitist origins, its well-documented connections to Wall Street, and its sordid history of carrying out assassinations, staging coups, and fomenting civil wars.
The CIA and the financial elite have always had shared goals, interests and backgrounds. Those in the upper echelons at Langley have often attended the same universities, belonged to the same fraternities, and attended the same clubs and parties as the Wall Street elite. This is why the intelligence community is often described as the “old boy network.” This collusion is perhaps best illustrated by the career of Allen Welsh Dulles. Dulles was an operative of the Office of Strategic Services (OSS), the American WWII intelligence organization and forerunner of the CIA. He was also a senior partner of Sullivan & Cromwell, a well-connected Wall Street law firm representing several large American corporations, and a board member of J. Henry Schroeder Bank, a multinational investment house. Dulles’s international business concerns created myriad conflicts of interest while he headed the CIA from 1953 to 1961.
When Dulles was assigned the task of drafting the proposal for the organization that was to become the Central Intelligence Agency, he created an advisory group of a half dozen men, all of them Wall Street investment bankers and lawyers. Incidentally, Dulles had intended to be installed as Director of Central Intelligence (DCI) as early as 1949, but when President Harry Truman defeated New York Governor Thomas Dewey (Dulles was Dewey’s speech writer) in the 1948 presidential election, his plans were put on hold….
American multinational corporations have built up colossal interests all over the world, and you can bet … that wherever you find U. S. business interests, you also find the CIA.… The multinational corporations want a peaceful status quo in countries where they have investments, because that gives them undisturbed access to cheap raw materials, cheap labor and stable markets for their finished goods. The status quo suits bankers, because their money remains secure and multiplies. And of course, the status quo suits the small ruling groups the CIA supports abroad, because all they want is to keep themselves on top of the socioeconomic pyramid and the majority of their people on the bottom.
-Tim Kelly is a columnist and policy advisor at The Future of Freedom Foundation in Fairfax, Virginia, a correspondent for Radio America’s Special Investigator, and a political cartoonist. https://www.fff.org/explore-freedom/article/the-corporatist-intelligence-agency/
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At least equal to the above is this rare classic that shatters to 10,000 pieces commonly accepted history: https://www.google.com/books/edition/First_Hand_Knowledge/XqUo36sZLSsC?hl=en&gbpv=1&dq=robert+morrow+author&printsec=frontcover
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