H17098
Headlines : InternationalIs an International Financial Conspiracy Driving World Events?
Richard C. Cook is a former U.S. federal government analyst, whose career included service with the U.S. Civil Service Commission, the Food and Drug Administration, the Carter White House, NASA, and the U.S. Treasury Department. His articles on economics, politics, and space policy have appeared on numerous websites. His book on monetary reform entitled We Hold These Truths: The Promise of Monetary Reform is in preparation. He is also the author of Challenger Revealed: An Insider’s Account of How the Reagan Administration Caused the Greatest Tragedy of the Space Age, called by one reviewer, “the most important spaceflight book of the last twenty years.” His website is at www.richardccook.com.
[Posted By ShiftShapers]Republished from The Center for Research on Globalization
Was Alan Greenspan really as dumb as he looks in creating the late housing bubble that threatens to bring the entire Western debt-based economy crashing down?
Was something as easy to foresee as this really the trigger for a meltdown that could destroy the world’s financial system? Or was it done, perhaps, “accidentally on purpose”?
And if so, why?
Let’s turn to the U.S. personage that conspiracy theorists most often mention as being at the epicenter of whatever elite plan is reputed to exist. This would be David Rockefeller, the 92-year-old multibillionaire godfather of the world’s financial elite.
The lengthy Wikipedia article on Rockefeller provides the following version of a celebrated statement he allegedly made in an opening speech at the Bilderberg conference in Baden-Baden, Germany, in June 1991:
“We are grateful to the Washington Post, the New York Times, Time magazine, and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years. It would have been impossible for us to develop our plan for the world if we had been subject to the bright lights of publicity during these years. But the world is now more sophisticated and prepared to march towards a…
Posted by ShiftShapers
Welcome to (A)utonomous Resistance, GNN’s exclusive one-stop infoshop for radical resources and information. This blog primarily serves as a vehicle with which to bring greater exposure to repressed and marginalized voices and ideas. Much of what I post here...
it’s sad to think about, but hasn’t a financial conspiracy almost always driven world events?
“it’s sad to think about, but hasn’t a financial conspiracy almost always driven world events?” – No only the last 7-10 thousand years
Goddamn wily j00s.
Depends. Did he have any choice?
Some fun facts about economics: Hindsight always obscures the fact that nothing is guaranteed and no two economists agree on what’s going to happen in 6 months time.
I really wish people would make up their minds. Either the people running the USA are incompetent boobs with no little worldly insight beyond how to get stupider people to vote for them, or they are brilliant masterminds pulling the strings on nefarious, multifaceted global plans… You just can’t have it both ways…
so the truthcansuck so bad you ignore it, yes bush is a dumbass but those seeking world and financial control have been at it behind closed doors for a very long time.
this article well worth a read
Ignoring the truth and questioning if the version given to me is accurate are not the same thing…
Sorry, doesn’t make sense. His track record would suggest that he’s hardly a dumbass. He’s gotten away with everything he’s ever done, and has achieved almost everything him and his neo-con pals set out to do.
It’s easy to look dumb, but it’s harder to believe he’s smart.
Bush is well aware of what he does, and you bet he doesn’t give a f*ck.
Science, that crack about the ‘jOOs’ seems awfully anti-Jewish. Especially since there’s no indication that I could see, that the ‘Financial Conspiracy’ the author hints at, is lead by Jewish people, in either the summary or the article itself.
There does not appear to be any attack on Jewish people in any of the comments, so it seems you’re the only commentor that feels so AntiJewish. Alan Greenspan is Jewish, but more importantly he was the Chairman of the Fed which is why he’s mentioned in the article about Finance.
Did you come up with that theory yourself? Perhaps if you were to expound a little more on, what am sure is, your very sound reasoning (given what I’ve read from you in the past) we all might be persuaded to join you in your attack on Jewish people and their apparent stranglehold (according to your hypothesis) on the world’s Financial system.
Of course I could be totally wrong. Perhaps you have no sound reasoning for what I’m sure was a carefully considered and long thought-over response to the article.
The fact it was called a bubble in the first place implied it was destined to burst. The whole thing went on and on with journalists and pundits commenting daily on the bubble for close to a year. I don’t recall anyone calling for subprime mortgage regulation then.
Regardless as to whether or not financial conspiracies exist (the sub-prime scandal being an example) this article is full of factual errors.
this article is full of factual errors
?
I really wish people would make up their minds. Either the people running the USA are incompetent boobs with no little worldly insight beyond how to get stupider people to vote for them, or they are brilliant masterminds pulling the strings on nefarious, multifaceted global plans… You just can’t have it both ways…
I don’t know who this comment was aimed at. Which people?
I don’t know any who are trying to have it both ways.
I think most people assume the former and when given enough information they realize the latter.
The Bankers have certainly caused crashes that they benefited from before…
The author of the article shift posted. The GNN community. Assorted species of fish, fowl and exotic fauna. That douchebag next door who keeps shoveling his snow onto my driveway… Fucking ASSHOLE!!!
Then you don’t read as many GNN threads as the rest of us bored losers…
The problem is : you can’t operate on both global macro-economic scale and day to day national economic issues. Two different paradigms.
There is a global economic war going on … the subprime mortgage crisis is one bombing run in the global scheme.
How to slow down China’s and India’s growth for instance? Create recession. Make the dollar fall and get your consumers into the bomb shelter.
borrow more money from China to buy more of their shit. good idea.
inject $158B of worthless, faith-based, thin-air currency into the u.s. economy in order to prolong the inevitable. just enough time to hand the keys over to the dumb-ass who wants to be the next Prez.
food costs go up when the value of the dollar goes down.
too bad the dry-lush can’t stay in office a third and a fourth and a…till death does he part. slow poison.
no money for healthcare. no money for social security. no money for medicare. mounting slums and crime.
six-trillion to muck around the planet creating havoc and redefining arrogance.
tsk. tsk.
There comes a time when the credit line is exhausted … true for individuals and also true for national economies.
Lending to an economy in recession has little attraction. Bonds can always be issued but interest rates then offset dropping market value.
it costs around 2.5 cents to create a one-dollar bill (ink, paper, mass production). around the same to create a 5, 10, 20, 50 or 100 denomination.
spot gold is hovering around $950 an ounce. i hear some say they were smart to buy gold when it was below $300 an ounce. hmmmm? he paid 40 hours after taxes with a piece of paper that costs the fed less than 10 cents to create. for one ounce of gold. damn smart, mofo. fucking genius, but not my idea of an investment.
bit of a funny article… I mean the way it’s written. Serious sounding heading /topic then it plows head on into gross speculation laced with massive innuendo and presupposition.
while an article like this might serve rather nicely in diddling the intellect, Internet articles of this kind imo are not a good approach unless you already know where to look or have a good source. My experience with info or data of this nature are best found directly at the source. In other words find a reliable insider willing to be open with you, whether it’s administrative control as it applies to government structures, law enforcement or in this case, banking.
The word I’m getting goes rather contrary if not in exact opposition to what I’m seeing here. Small areas of it, sure, I’d say it applies, but a deliberate effort to crash the fountain or artificial river of wealth they’re relying upon themselves in order to maintain their own status quo ?... some of you already have the usual arguments ready to pitch as to why you believe that’s so I’m sure, however, there’s such a high level of inconsistency and self contradiction contained in such arguments it baffles me as to why so many of you would actually buy into so much of it.
A better explanation might suggest a condition that’s come about as a result of horribly acute mismanagement that’s been allowed to evolve having been blind sided as a result of being consumed by pure unadulterated greed and lust. Throw into the mix a mess of financial wizardry that currently no one seems able to understand or sort out, instruments of all kinds popping outta the woodwork which seemed benign enough at the time but are now causing all sorts of unexpected and unmanageable problems, mayhem, and you’ve got the makings of a perfect storm.
I have a friend I rely upon for this kind of shit being that I’m no financial whiz myself by any means. It’s the same guy who informed me that the shit with the sub prime market was about to start hitting the fan anytime soon, most likely within a matter of days. For the next several days I carefully watched for it in the news and nothing. And then within a few weeks, it started to surface heavily for the first time in media like CNN etc.
It’s the same guy who recently said to me that in the past if anyone’s had their finger on the pulse of where the “soft spots” are… or have been at any given time it’s the banking establishment. As a rule they’ve always had the best handle on that. It’s also my understanding that being unable to gauge what the fuck is going to happen next, where the next big hole is gonna open up is totally freaking out everyone “in the know” big time. They’ve now accepted the reality that it’s coming but where the next hole’s gonna open up large has become essentially unknowable. It could be anywhere, anytime. The fact that total global collapse could occur at any given time, from a direction or exact cause unknowable has everyone bracing and on edge ready for the worst. There is no solution on board for something of this magnitude or unprecedented other than to try and keep things solvent best they can and in the worst case scenario, try and keep the banks afloat as much as is doable, because there is nothing else. The last depression is no model for what we have going today.
This chap, whom I consider a dear friend of mine is also the same guy responsible for the first part of this and why the hell not, he’s also responsible for this little curiosity the implications of which no one here seems to have clued into yet
The take he has on what we are currently experiencing is very much in line with what you’ll find in the 1st link above. His illustrations on economics are much closer to that of physics, or even chemistry for that matter, as in aligned with the nature of life itself, it’s principles and how it operates intrinsically and innately. In other words what works and what cannot work simply based upon the nature of life itself, it principles and it’s functions. It’s the kind of shit I couldn’t possibly begin to get into here. Beside, you all find conspiracy as it applies to “the man” much more entertaining anyways.
His data to me on this stuff over the years has been essentially flawless. You guys need to find yourselves a “one of him”. Then test the shit for about 20 some years, and then if it shows itself to be consistent, reliable, demonstrating the utmost in high level predictability and is aligned with the nature and principles of reality and life itself and how it functions, then, and only then I’d say you are in a good place to begin placing some faith in the shit… The simple fact is, what is consistent with life is consistent with it. Then it becomes worth something and becomes workable. Until then I suppose you’re are free to keep yourselves preoccupied with the sort of shite contained in this blog, if in fact that’s what keeps you occupied and offers you a sense of purpose.
There is a global economic war going on … the subprime mortgage crisis is one bombing run in the global scheme
lolz. nice way of putting it.