Category Archives: Finance

The Federal Reserve

by DAVID BROWN | | June 11, 2016

Ed Griffin’s EXCELLENT new video on the Federal Reserve System. Please check it out and “subscribe” to his new YouTube channel at the link below. –Joe Plummer

Published on Jan 3, 2016
A Discourse by G. Edward Griffin

The author of “The Creature from Jekyll Island; A Second Look at the Federal Reserve” addresses these issues:

  • What is the Federal Reserve System?
  • Who drafted the plan for the Fed and when did it occur?
  • How is money created?
  • What impact has this had on the American Dollar?
  • Should our currency be backed by gold or silver?
  • Where does Congress get most of its funding?
  • What is the solution to the problem of fiat money?
  • Why do bankers get away with it?
  • What might happen if we continue on our current path?
  • What might come from a return to constitutional money?
  • What can concerned citizens do?

For more information, or to order a DVD of this presentation, visit

The Populist Cry For Glass-Steagall

by Guest Writer KRISTINA BRUCE | | July 16, 2015

Kristie Bruce imageThe housing crash of 2008 wiped out over $6 trillion dollars in American assets and dropped household net worth by almost 40%.  Not only that but the banking debacle also cost an additional $26 trillion in bailouts and another $3.6 trillion in Quantitative Easing. The latter was to keep interest rates low in an attempt to jump-start housing sales. We’ve frequently seen mention of the repeal of the Glass-Steagall Act (GS) as the mechanism which could have averted the banking crisis and it’s making headlines again as a bill originally introduced in 2013 by the unlikely duo of Elizabeth Warren (D-MA) and John McCain (R-AZ). It seems the memories of the American public like goldfish aren’t very long because what’s old seems to be new again.

Was Glass-Steagal actually doing the job of protecting the public from the evils of retail and investment banks interconnectedness, collusion and risk taking when it was still in place? No it wasn’t. Enacted in 1933, by the time a portion of it, yes only a portion was repealed in 1999 with the passage of the Gramm-Leach-Bliley Act, the banks had long been involved in the very same activities which are once again being blamed for creating the crisis. Pay no attention to the fact that GS regulation would have had no effect on the failures of Bear Stearns, Lehman Brothers, Merrill Lynch, AIG, Fannie Mae nor Freddie Mac. Oh and please ignore the fact that in 2004 the SEC decided to raise banks debt-to-capital ratio from 12:1 to 30:1. Surely that had no effect on how much more risk they were able to take on. Right? No it was all Glass-Steagall the politicians proclaim!

The reality is that Glass-Steagall stopped doing anything to protect anybody at the very latest in the era of Harold Geneen and International Telephone and Telegraph Corp (ITT). Why this reference? Because that was sort of the most famous example of a wave of large mergers and acquisitions which certainly showed up in the finance sector around that time. It didn’t take nearly as long to recognize in the business sector how very destructive the way Geneen gobbled up companies into IT&T was, to form this weird conglomerate of unrelated businesses. Eventually it destroyed the core business and that is what people should keep in mind as we go down the rabbit hole. Hands in too many pies eventually lead to big mistakes and malinvestment.

The point of that example is to compare it to the reunification of the finance sector which began around the same time and it soon got to a point that commercial banks, investment banks and proprietary trading banks had no separation that could be overcome no matter what the goofball regulators did and we’re talking the 1970’s here! Forty years ago not; even in this century! It had been going on for so long that by 1999 it was argued Glass–Steagall was already “dead.” One of the latest incidents before GS was repealed was Citibank’s 1998 affiliation with Salomon Smith Barney, one of the largest US securities firms, was permitted under the Federal Reserve Board’s then existing interpretation of the Glass–Steagall Act. They just did whatever the hell they wanted to and they’ll do it again. It was not long after Citibank/SSB that Clinton publicly declared “the Glass–Steagall law is no longer appropriate.” All they did was once again codify illegal behavior by changing the law just as the current administration has codified all sorts of illegal acts through the National Defense Authorization Act, The Federal Grounds Protection Act, continually extending the Patriot Act, the Freedom Act and this horrid upcoming Trans Pacific Partnership (TPP) trade agreement. They tell you that they’re protecting you then they change the law to benefit the banking corporate cartel and also strip you of your rights.

What’s more is that the politicians are being disingenuous and playing on the naiveté of the public when it comes to both their short memories and lack of attention as to how the banking industry works. In Warren’s opinion as stated in a New York Times article from 2012; when asked if GS had been in place at the time of the financial crisis if it would have averted it or reduced banking loses, her reply ;

“The answer is probably ‘No’ to both.”

Andrew Ross Sorkin who did the interview summed up Warren’s motives for pushing GS reinstatement at the time hit the nail on the head:

“In my conversation with Ms. Warren she told me that one of the reasons she’s been pushing reinstating Glass-Steagall — even if it wouldn’t have prevented the financial crisis — is that it is an easy issue for the public to understand and “you can build public attention behind.”

She added that she considers Glass-Steagall more of a symbol of what needs to happen to regulations than the specifics related to the act itself.”

Bingo! It resonates with the populace. It makes them feel as though someone is actually doing something even if it is meaningless. It’s pandering.

Is there more to this though? Is there possibly something here from which the banks might actually benefit? I think there is. Pandering alone is not usually motive enough for politicians like McCain who is so entrenched they’ll probably remove him from the senate in a body bag or Warren who has already become so popular that her political career is almost ensured for as long as she desires to remain in the senate.

What happens if the new and improved GS 2.0 is passed? Well within 5 years the retail banks will have to divest themselves of all activities deemed exclusive to investment banks and vice versa. In some cases the government will also reserve the right to force cessation of certain activities in an even shorter time frame where it feels there is imminent risk to the public.  That means a lot of shifting of business will have to be done in a very short matter of time. Do you reckon that retail banks are just going to hand over that portion of their business to investment banks and the investment banks will do so in kind? Not likely. On top of that, there are portions of assets each hold which neither would even want to dirty their hands with.

It is likely that toxic assets are becoming so burdensome and eminently destructive that the major banks would actually welcome a superficial break-up at this point. It would give them an opportunity to spin some of the absolutely worthless portions of the $1.2 QUADRILLION holdings of completely unregulated derivatives market. This of course would be shoveled into smaller entities which could later be allowed to implode and without implicating the parent companies. It would also give them plausible deniability for the offload if it was government mandated too!!!

They’ve got $TRILLION$ in bad derivatives bets which are going to eventually go sour no matter how much money they print and infuse the banks with. There’s a global economic slowdown and a currency devaluation war going on right now which ensures it’s going to happen at some point in the not too distant future. You bet your bottom dollar they’d love to get a huge portion of that off the books sooner than later! If they spin-off these toxic assets themselves everyone’s going to blame Goldman Sachs, Chase, HSBC and myriad other “too big to fails” for having done so. If government *snickering* “forces” them to become smaller, then the heat is off the parent entities when these bets do go bad for their spun-off children.

It doesn’t matter a whit if these banks create new separate entities to handle portions of business they will be precluded from engaging in. Most of what will be spun off are bets on junk and holdings in the grossly overvalued stock market; which is becoming more and more difficult to prop up, not just here in the U.S., but globally. The Chinese stock market was falling so precipitously that last week the government had to place stringent controls on selling by major holders for the next 6 months. They initiated discounts on transaction fees and decreased margin requirements to encourage buying. At the same time the NYSEX was halted for half a day which still is somewhat mysterious. At the same time the Euro zone is in a tremendous mess with Greece, which if it doesn’t go Germany’s way could set off a domino effect of similar defaults and send their markets into a tail spin. Doesn’t it seem awfully convenient that simultaneous to this all of the sudden, a 2-year-old bill which had been lost in the shuffle is suddenly in vogue again? The banks want to take out the trash and this is the perfect cover to do it under.

The general populist cry is understandable. The banks are robbing them blind and they want it to stop. The problem is that Glass-Steagall isn’t going to do much of anything other than give the banks an opportunity to stick it to them again. Say it publicly though and most folks’ hair bristles and spit flies out their mouths as they scream, “It’s better than nothing!” They want so badly to believe that some politician somewhere is doing something, ANYTHING on their behalf that when you gore the sacred ox of Glass-Steagall they lose all logic. The problem is that economics is a dismal science which even a goodly portion in the industry of trading and finance don’t fully understand. How are we to expect a public whose economic education on the subject generally amounts to the cumulative  sound bites they’ve heard on the evening news and a blurb or two from the likes of FOX News, MSNBC and their endless parade of bobble head commentators, to really have a grasp on what’s being proposed? At best it will do little to nothing. At worst it may be a Trojan Horse leaving another swath of destruction which the banking industry will casually walk away from relatively unscathed.

Note: The Glass-Steagall Act was enacted in 1933 to limit commercial bank securities activities and affiliations between commercial banks and securities firms.  In short it was a wall of separation between commercial and investment banking.  The 1999 repeal permitted Wall Street investment banking firms to gamble with their depositors’ money that was held in affiliated commercial banks.

By  Guest Writer Kristina Bruce ⋅ July 16, 2015
Read more from Kristina Bruce at Cutting the Gordian Knot

The Death of Money

by DAVID BROWN | | May 17, 2015

James Rickards

James Rickards

Brilliant analysis by Rickards in the video below.   Regrettably,  I own his book, but have not read it. Great explanation of complexity theory and complex systems and the operations of the IMF; however, Rickards is also acting –possibly unwittingly– as a gatekeeper of the establishment’s mythology.  Not sure he intends to be a gatekeeper or if he is just too focused on his own work to look at the documented evidence of past and present real conspiracies, but he definitely needs to reexamine some of his assumptions.

I also agree with his characterization of the government being too inept to construct a conspiracy on its own, but this is the proverbial ‘straw horse’ since no serious person would ever dispute this claim.  The real conspiracies can be found in the elite’s own writings and by their actions. It’s not the inefficient and inept government organ itself, but rather those in positions of power and influence who manipulate the government.

He seems to be afraid of the CIA-weaponized term ‘Conspiracy’. Please See: CIA Document 1035-960; yet he apparently doesn’t know the definition of a conspiracy.

Interesting to note, that he says “this is not conspiracy stuff”, and then goes on to describe several conspiracies.

Legal Definition of Conspiracy:
An agreement between two or more persons to engage jointly in an unlawful or criminal act, or an act that is innocent in itself but becomes unlawful when done by the combination of actors.

The Elements of Conspiracy Agreement:
The essence of conspiracy is the agreement between two or more persons. A single person acting alone cannot be guilty of conspiracy.

James Rickards – The Death of Money – 04-30-15

Show Notes:
Published on May 7, 2015

04-30-15 – James Rickards is Chief Global Strategist at the West Shore Funds, Editor of Strategic Intelligence, a monthly newsletter, and Director of The James Rickards Project, an inquiry into the complex dynamics of geopolitics + global capital. He is the author of New York Times best seller, The Death of Money (Penguin, 2014), and national best seller, Currency Wars (Penguin, 2011). He is a portfolio manager, lawyer, and economist, and has held senior positions at Citibank, Long-Term Capital Management, and Caxton Associates. In 1998, he was the principal negotiator of the rescue of LTCM sponsored by the Federal Reserve. His clients include institutional investors and government directorates. He is an Op-Ed contributor to the Financial Times, Evening Standard, New York Times and Washington Post, and has been interviewed on BBC, CNN, NPR, CSPAN, CNBC, Bloomberg, Fox, and The Wall Street Journal. Mr. Rickards is a visiting lecturer in globalization at the Johns Hopkins University and the School of Advanced International Studies, and has delivered papers on risk at Singularity University, the Applied Physics Laboratory, and the Los Alamos National Laboratory. He is an advisor on capital markets to the U.S. intelligence community and the Office of the Secretary of Defense. Mr. Rickards holds an LL.M. (Taxation) from the NYU School of Law; a J.D. from the University of Pennsylvania Law School; an M.A. in international economics from SAIS, and a B.A. (with honors) from Johns Hopkins.


Great interview with one of my favorite ladies Catherine Austin Fitts.  Sit back and enjoy this fascinating interview.

Solari | Catherine Austin Fitts

Solari | Catherine Austin Fitts

Published on Mar 13, 2015

Join Dark Journalist and his special guest, Former Assistant Housing Secretary, Financial Expert and Coast to Coast AM contributor Catherine Austin Fitts, for an exhilarating overview of the hidden forces of the Black Budget at work in the 2015 economic landscape. Making her fifth appearance on the show, Catherine exposes an emerging economic trend she calls a “Crash-Up” that may be the next move of the financial cabal she refers to as “Mr Global.” After draining most of the money out of the economy with the disastrous housing bubble and the dire crash of 2008, the cabal is ready to make their next move by Crashing Up equity and relentlessly debasing currencies for even more profit!

Catherine, the publisher of The Solari Report, traces the history of worldwide financial manipulation and draws on her personal experience in high-ranking positions on Wall Street and in Government to expose the global game being played out by a tiny elite of people who dominate the committee to run the world.

She also gives out rare insight and wisdom for finding your economic security while battling the covert forces of mind control, entrainment technology, money harvesting, black budget operations and power centralization.

Spellbinding, informative, startling and provocative, this is the interview you’re going to need to navigate 2015!

Canadians sued the Bank of Canada and won. (SR 356)

Great News from Canada!

Apparently the Government has pressured the Media to keep a tight canada-159585_1280lid on this January 26, 2015 court ruling.   The government has 60 days to appeal but plaintiff’s attorney  Rocco Galati doesn’t think the government will appeal to the Supremes.  One must ask why the Government of Canada prefers to borrow money from a cabal of bankers at interest rather than print their own debt-free money.  Who exactly does the government represent?

If it goes all the way, this is HUGELY GOOD news. Every other country will take note. This is a very good way to get out of the debt-based money system concocted by a group of private bankers and jettison these freeloading feeders.

If we could rid the world of Central Bankers and their unlimited power to print money out of thin air, perhaps there would be fewer financial drivers for war and the irrational conquest for power. Case in point: The Russians don’t want war with Americans and the Americans don’t want war with the Russians, yet the stage is being set by powers neither of us control.  I therefore posit this power for war starts with the putrid, puffy, bloated Anglo-American Establishment of central bankers and their masters. This would be a huge blow to the NWO.

What will be the counter attack if these sticky-fingered banksters are thrown out of Canada?  There is a history of violence and there is no limit to their  psychopathy.

We will likely always have Central Banks, but taking their power to create money from debt owed to them out of thin air will be devastating to their ill-gotten power.

Every blasted one of these thieves should be face criminal prosecution in a court of law.

Still Report #357 — Correction on the Canadian Decision:

Related links …

Comer vs BOC…
COMER — Committee on Monetary and Economic Reform  EST. 1986
Comer Court Case Filing (PDF)

Background – Russia and Turkey’s Pipeline Deal

Important article by Joaquin Flores …

Russia Turkey gas pipeline Jan 2015

Russia and Turkey’s Gas Pipeline Deal: Implications for the European Union

Some helpful definitions below  …

TEP: Third Energy Package

OMV is an integrated international oil and gas company, headquartered in Vienna. Its main businesses are exploration and production of oil and gas, natural gas distribution and power generation, and refining and marketing oil

Alexei Miller
Alexey Borisovich Miller is Deputy Chairman of the Board of Directors and Chairman of the Management Committee of Russian energy company Gazprom, Russia’s largest company and the world’s biggest natural gas producer.

Nabucco project
The Nabucco-West pipeline (also referred to as the Turkey–Austria gas pipeline) is a proposed natural gas pipeline from the Turkish-Bulgarian border to Austria. It is a modification of the original Nabucco Pipeline project, which was to run from Erzurum in Turkey to Baumgarten an der March in Austria. The aim of the Nabucco pipeline is to diversify the natural gas suppliers and delivery routes for Europe, thus reducing European dependence on Russian energy. The original project was backed by several European Union member states and by the United States, and was seen as a rival to the South Stream pipeline project. The main supplier was expected to be Iraq, with potential supplies from Azerbaijan, Turkmenistan, and Egypt.[1] The main supply for the Nabucco West was to be Shah Deniz gas through the proposed Trans-Anatolian gas pipeline (TANAP).

Shah Deniz energy consortium
The Shah Deniz consortium announced today that 25-year sales agreements have been concluded for just over 10 billion cubic metres a year (BCMA) of gas to be produced from the Shah Deniz field in Azerbaijan as a result of the development of Stage 2 of the Shah Deniz project. Nine companies will purchase this gas in Italy, Greece and Bulgaria.

The Shah Deniz Stage 2 project is set to bring gas directly from Azerbaijan to Europe for the first time, opening up the Southern Gas Corridor.

Countries and regions located in the Levant region (Cyprus, Hatay, Israel, Jordan, Lebanon, Palestine, and Syria)
Countries and regions sometimes included in the Levant region (Iraq and Sinai)
Entire territory of countries whose regions are included in the Levant region (Egypt and Turkey)

Atlanticism is a belief in the importance of cooperation between Europe and the United States and Canada regarding political, economic, and defense issues, with the purpose of maintaining the security and prosperity of the participating countries, and to protect the values that unite them.

Additional Reading:

Russia and Turkey’s Gas Deal can Save Europe and the World

Dishonest Money – Book Review

by DAVID BROWN | | December 10, 2014

CLEARNFO Rating: 5 / 5 Stars
Dishonest Money: Financing the Road to Ruin
by Joseph Plummer (December 19, 2008)
Note: there is an updated third edition dated 2011
Paperback: 175 pages
Available at Amazon and other book resellers

The information contained in ‘Dishonest Money’ is critical to any accurate understanding of money and banking, period. Having studied these topics for years, I am familiar with most of what Mr. Plummer discusses, but I have yet to see all the disparate pieces of this –sometimes confusing—puzzle come together so nicely in one easy to read and easy to understand book. It is easy andDishonest Mondy understandable because Mr. Plummer takes you step by step in a very thoughtful process meant to communicate not impress. ‘Dishonest Money’ will surly help even the expert clear out a few cobwebs and misunderstandings while being extremely approachable to the novice.

In my view, ‘Dishonest Money’ should be a vital part of any standard curriculum in public / private schools and universities interested in educating their students.   With this knowledge in the hands or rather the minds of the public, the Central bankers would likely never have another restful night’s sleep and would be looking over their shoulders with every step they take.

Other Plummer Books I recommend:

  • Tragedy and Hope 101
  • Leaving the Illusion

Editorial Reviews of ‘Dishonest Money’ …

“An excellent job of condensing a large and complicated topic.”
-G. Edward Griffin, author of The Creature from Jekyll Island

“A great book on the private Federal Reserve…you can’t put it down.”
-Alex Jones,

“A well-researched, well-written, user-friendly guidebook to how billions of people are being exploited and what we need to do about it. This is a major contribution to what is needed, highly recommended.”
-Foster Gamble, creator of THRIVE

“Understanding the Federal Reserve System has never been easier. A must read!”
-George Shepherd, Republic Magazine

“If someone is new to the subject and wants to get up to speed quickly on the Federal Reserve, Joe Plummer’s book is a great place to start, because he’s made the complicated both clear and concise.”
-Jim Babka, President of Downsize DC

“This could be the most important book you read in your lifetime! Succinct and illuminating, after reading this, you will possess the knowledge of history’s greatest scam. Read this book. Get your family to read this book. I can’t over emphasize this book’s import.”
-Mark Edge, host of Free Talk Live

After reading ‘Dishonest Money’, a good follow on would be G. Edward Griffin’s ‘The Creature from Jekyll Island’

The Creature from Jekyll Island

Below is a video of Mr. Griffin discussing ‘The Creature from Jekyll Island’.

Joe Plummer’s ‘Dishonest Money’ – Now in German (Deutsch)

SUPERCLASS – Book Review

ClearNFO Rating: 2 / 5 Stars
SUPERCLASS: The Global Power Elite and the World They Are Making
by David Rothkopf  (March 3, 2009
Paperback 361 pages
Available at Amazon and other book resellers

Superclass by David Rothkoph On this review, I venture into the world of the establishment to read about the SUPERCLASS in the hope of uncovering some heretofore unknown pearl of wisdom or unexplored fact.  So …  how establishment is Mr. Rothkopf anyway?  Very, with favorable reviews from the likes of Time, The Economist and Joseph E. Stiglitz you can bet Rothkopf is a ‘made-man’ and would be invited to Davos and other elite gatherings.  He is part of the establishment for sure and it is unseemly  important to him that you understand this simple fact ad nauseam.  But more to the point, he is a member of the CFR (Council on Foreign Relations), ex-managing director of Henry A. Kissinger’s Kissinger Associates and was part of the Clinton Administration in 1993 as Deputy Under Secretary of Commerce for International Trade Policy and Development.

If you are looking for facts and new information on the truly elite, your time would be better spent with Carroll Quigley’s The Anglo-American Establishment or one of Anthony C. Sutton’s books than with Rothkopf’s ‘SUPERCLASS’. ‘SUPERCLASS’ in my view is akin to a pleasant vacation with Robin Leach of Lifestyles of the Rich and Famous.  David Rothkopf is a brilliant writer and very knowledgeable about rich and powerful  but unfortunately, he confuses the wealthy and powerful technocrats who are minding the garden, with the truly elite who control the technocrats.  How this is accomplished is brilliantly exposed in Quigley’s ‘Anglo-American Establishment’.

Lifestyles_of_the_Rich_&_FamousDespite Rothkopf’s obvious intelligence and his establishment credentials, it is clear to me that he has never had the benefit of reading any of Carroll Quigley’s excellent work documenting the real power brokers Quigley called the ‘network’; or if he has, has chosen not to communicate the real sources and methods of the network of control; rather, he seems dazzled by the rich and powerful CEOs and the kings, queens and dictators of the world, not realizing that Quigley’s network need neither money nor title to exert its power and influence as demonstrated by the Milner group, now almost extinct. So what we have with this book is a book not about the ‘Super-duper’ Superclass but a book about their technocrats who manage the estate for the real superclass.

I found this reader-review from Palo Alto on Amazon particularly insightful and common.  Because of Roghkopf’s need to belong to the power-elite, he seems to have missed the very point of his own book:

This book takes a LOT of time to say very little. In summary, here’s what the author takes several hundred pages to tell us:

a) The world is ruled by an informal group of about 6,000 people;
b) I [the author] am one of them! Aren’t I special?
c) I know who the others are—but I’m not going to tell you!
d) They all get together once each year in Davos;
e) Davos is quaint, and has good restaurants, but inadequate lodging; and,
f) Oh, did I forget to tell you? I’M one of the Davos world elite! I AM special!

Had I not read Quigley’s ‘Anglo-America Establishment’, I would likely be subject to the same limited view that we find in SUPERCLASS; that is, I would be without the ability to see past the CEO or Monarch into the real power structure they serve. I call this limited view, the Walled-Garden of History and Politics where the establishment players and the unwashed masses are allowed to play within the walls surrounding the garden as long as there is a tacit agreement to certain unexamined assumptions. The Walled-Garden’s walls are mostly invisible but retain their structure and are created from the assumptions we take for granted as well-established facts and thus most of us including David Rothkopf never take the time to reexamine these assumptions for consistency against Empirical evidence.  For example, there are many misstatements of fact:  J.P. Morgan and Jamie Diamond did not help rescue the financial markets in their day; rather they were both part of the problem and in J.P. Morgan’s case created the problem that he later received credit for solving; and the IMF is not about helping the poor and underdeveloped countries as Rothkopf would have us believe.   And to rescue the SUPERCLASS from all the conspiracy theorists, Rothkopf digs up the discredited Jewish straw man conspiracy by ridiculing the tin foil hat wearers for thinking that the Jews are responsible for the secret societies and hidden groups who really control the world. After all –Rothkopf reasons– Hitler exterminated quite a few of the Jews how silly is it to say then that the Jews are behind this hidden conspiracy? Of course I have never thought the Jews were behind Quigley’s network and no serious open –source investigator has either; so Rothkopf scores an empty point for the establishment. Though many in the original Milner network were Jews, not all were and their Jewishness had nothing to do with their position of power.  A better use of Rothkopf’s time and energy and his great facility with the English language would be to discover the real source and methods used by the ‘Anglo-American Establishment’ and then provide an update on their current intellectual progeny.

BACKCOVER: Each of them is one in a million. They number six thousand on a planet of six billion. They run our governments, our largest corporations, the powerhouses of international finance, the media, world religions, and, from the shadows, the world’s most dangerous criminal and terrorist organizations. They are the global superclass, and they are shaping the history of our time.

Today’s superclass has achieved unprecedented levels of wealth and power. They have globalized more rapidly than any other group. But do they have more in common with one another than with their own countrymen, as nationalist critics have argued? They control globalization more than anyone else. But has their influence fed the growing economic and social inequity that divides the world? What happens behind closeddoor meetings in Davos or aboard corporate jets at 41,000 feet? Conspiracy or collaboration? Deal-making or idle self-indulgence? What does the rise of Asia and Latin America mean for the conventional wisdom that shapes our destinies? Who sets the rules for a group that operates beyond national laws?

Drawn from scores of exclusive interviews and extensive original reporting, Superclass answers all of these questions and more. It draws back the curtain on a privileged society that most of us know little about, even though it profoundly affects our everyday lives. It is the first in-depth examination of the connections between the global communities of leaders who are at the helm of every major enterprise on the planet and control its greatest wealth. And it is an unprecedented examination of the trends within the superclass, which are likely to alter our politics, our institutions, and the shape of the world in which we live.

Who the International Aid Agencies Serve

by DAVID BROWN | | November 22, 2014

How International Aid Agencies really work 

  1. Country “X” is identified as being financially weak, yet has valuable assets like natural resources or has geopolitical value
  2. Country “X” is then targeted by the USAID, IMF & World Bank for loans.
  3. Representatives are sent into Country “X” to do studies to prove up (by exaggerated estimates) what this or that infrastructure will do for the economy of Country “X”.
  4. This inflated estimate for money is then included as part of a loan request to the bank.  This is the cover.
  5. Loan is committed
  6. Heads of State of Country “X” siphon off much of the money to private bank accounts
  7. Most of the work for the infrastructure improvements goes to well-connected multinational corporations not to local companies.
  8. Country “X” cannot pay loan back
  9. Bank offers additional money to help Country “X” if they will implement “austerity measures” which effectively puts the bankers in charge of running the country.
  10. Country “X”, still cannot make payments on loan.
  11. Bank takes control of assets and natural resources of Country “X”
  12. Bank sells assets, natural resources of Country “X” or provides monopolies to multinational corporations at pennies on the dollar, which still does not satisfy the debt.

NOTE: Much of this is coordinated with the help of the US, CIA, NATO and the EU.  If Country “X” will not go along with the loan, then Operation Gladio is implemented with the aid of NGOs such as NED (National Endowment for Democracy) to destabilize Country “X” for regime change.


The IMF is a self-described “organization of 188 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.”

The World Bank’s official goal is the reduction of poverty. According to its Articles of Agreement, all its decisions must be guided by a commitment to the promotion of foreign investment and international trade and to the facilitation of capital investment.

USAID has adopted as its mission statement “to partner to end extreme poverty and to promote resilient, democratic societies while advancing the security and prosperity of the United States.” USAID operates in Africa, Asia, Latin America and Europe.

Read more here: