Tuesday, April 24, 2012

Major military standoff in South China Sea

TUESDAY, APRIL 24, 2012

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Major military standoff in South China Sea over custody of physical gold hoards. Russia, China, Philippines and rogue faction US warships involved. Egypt cuts off natural gas supplies to Israel. Turkey kicks Israel out of NATO Chicago summit. George Soros launches all-out war against German Bundesbank.
A major military stand-off is taking place in the South China Sea and the Philippines over control of historical gold deposits in the region. A fleet of eight rogue-element US warships is being confronted by a joint Chinese/Russian fleet. The Chinese have publicly announced that they are willing to go to war over the dispute.

US military personnel are said to be systematically and forcibly searching old bunkers and cave systems in the Philippines for long-hidden Asian-owned gold reserves. Repeated intimidation of the local population has been reported.

The US warships are positioned to receive the seized physical gold hoards. These are wanted by the Western G5 banking cartel acting through its US Fed proxy.

The location of the military standoff is the Scarborough Shoal / Huangyan Islands area. The conflict is linked to the failed IMF and World Bank meetings which took place in Washington DC in the third week of April 2012. 

In the Middle East, on Sunday 22nd April 2012, it emerged that Egyptian energy companies have terminated a deal to supply Israel with natural gas. Israel relies on Egypt for forty percent of its natural gas supply. Israeli Finance Minister Yuval Steinitzexpressed great concern about the situation, saying that it set a dangerous precedent which cast a shadow over the peace agreements and peaceful atmosphere between Egypt and Israel.

In Europe, speaking at the NATO meeting in Brussels during the third week of April 2012, the Turkish Foreign Minister Ahmet Davutoğlu made it clear that Ankara was blocking Israel’s participation in a key NATO summit in Chicago on the 20th and 21st May 2012. 

Turkey is insisting that Israel must first apologise for the killings of Turkish citizens in a raid on the Gaza Freedom Flotilla on Monday 31st May 2010. Israeli commandos unlawfully attacked the humanitarian aid-carrying boats in Mediterranean international waters. "There will be no Israeli presence at the NATO meeting unless they issue a formal apology and pay compensation for the Turkish citizens their commandos killed in international waters,” a senior Turkish official told the Turkish daily newspaper Hürriyet.

George Soros, meanwhile, has been actively briefing against the German Bundesbank in a series of newspaper interviews in Europe. Soros said that if he were still an active investor, he would now bet against the Euro. The Euro threatens to destroy the European Union. European political and financial leaders are leading Europe to its ruin by trying to impose inappropriate rules.

The introduction of the Euro, Soros argues, has led to divergence instead of bringing about convergence. The most fragile countries of the EuroZone have discovered that they are in a Third World situation, as if they were indebted in a foreign currency. There is a real risk of multiple sovereign defaults. Trying to make these countries respect austerity rules that don’t work just makes matters worse. The European authorities, particularly in Germany, do not understand this.

More details here (23.04.12), here (22.04.12) and here(19.04.12). Developing geopolitical background here (16.04.12),here (12.04.12), here (12.04.12) and here (10.04.12).
Picture: G5 Western banking cartel. Global Debt Forgiveness is inevitable.


Each and every time a bank makes a loan (or purchases securities), new bank credit is created - new deposits - brand new money.
Graham F. Towers

The process by which banks create money is so simple the mind is repelled.
John Kenneth Galbraith

Permit me to issue and control the money of a nation, and I care not who makes its laws.
Mayer Amschel Rothschild 
I am afraid that the ordinary citizen will not like to be told that banks can and do create money .... and they who control the credit of the nation direct the policy of Governments 
and hold in the hollow of their hands the destiny of the people.
Reginald McKenna 

Our national circulating medium is now at the mercy of loan transactions of banks, which lend, not money, but promises to supply money they do not possess.
Irving Fisher 

That is what our money system is. If there were no debts in our money system, there wouldn’t be any money.
Marriner S. Eccles 

Everyone sub-consciously knows banks do not lend money. When you draw on your savings account, the bank doesn't tell you you can't do this because it has lent the money to somebody else.
Mark Mansfield

If all the bank loans were paid, no one could have a bank deposit, and there would not be a dollar of coin or currency in circulation. This is a staggering thought. We are completely dependent on the commercial banks. Someone has to borrow every dollar we have in circulation, cash, or credit. If the banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless situation is almost incredible, but there it is.
Robert Hemphill 

One thing to realize about our fractional reserve banking system is that, like a child’s game of musical chairs, as long as the music is playing, there are no losers.
Andrew Gause

I have never yet had anyone who could, through the use of logic and reason, justify the Federal Government borrowing the use of its own money. I believe the time will come when people will demand that this be changed. I believe the time will come in this country when they will actually blame you and me and everyone else connected with the Congress for sitting idly by and permitting such an idiotic system to continue. 
Wright Patman

Money is a new form of slavery, and distinguishable from the old simply by the fact that it is impersonal, that there is no human relation between master and slave.
Leo Tolstoy 

The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banking was conceived in iniquity and born in sin. Bankers own the Earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough money to buy it back again. Take this great power away from them and all great fortunes like mine will disappear, and they ought to disappear, for then this would be a better and happier world to live in. But if you want to continue to be slaves of the banks and pay the cost of your own slavery, then let bankers continue to create money and control credit.
Josiah Stamp

Throughout the ages, the devices of cunning men have turned money to their nefarious purposes. Money, beginning with private enterprise as a means of escaping the limitation of barter, soon developed the cheat to exploit the honest trader who, in an effort to protect himself, turned to government for protection, only to find that now he had two thieves, the private money changer and the political plunderer working hand in glove against him. By this combination the money changer gained the prestige of political sanction through legislative license and the state secured a deceptive device for laying taxes upon the citizenry by means of the hidden tax called inflation. It was and remains a vicious alliance.
E.C.Reigel

All of the perplexities, confusion, and distress in America arises, not from the defects of the Constitution or Confederation, not from want of honor or virtue, so much as from downright ignorance of the nature of coin, credit, and circulation.
John Adams

Whoever controls the volume of money in our country is absolute master of all industry and commerce, and when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.
James A. Garfield

The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest. The privilege of creating and issuing money is not only the supreme prerogative of government, but it is the government’s greatest creative opportunity.
Abraham Lincoln

Once a nation parts with the control of its currency and credit, it matters not who makes the nations laws. Usury, once in control, will wreck any nation. Until the control of the issue of currency and credit is restored to government and recognised as its most sacred responsibility, all talk of the sovereignty of parliament and of democracy is idle and futile.
William Lyon Mackenzie King 

For more than a century, ideological extremists at either end of the political spectrum have seized upon well-publicized incidents to attack the Rockefeller family for the inordinate influence they claim we wield over American political and economic institutions.
Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as "internationalists" and of conspiring with others around the world to build a more integrated global political and economic structure - one world, if you will. If that's the charge, I stand guilty, and I am proud of it. 
David Rockefeller

Only the small secrets need to be protected. The big ones are kept secret by public incredulity.
Marshall McLuhan 

The world is governed by very different personages from what is imagined by those who are not behind the scenes. The governments of the present day have to deal not merely with other governments, with emperors, kings and ministers, but also with the secret societies which have everywhere their unscrupulous agents, and can at the last moment upset all the governments' plans.
Benjamin Disraeli 

In March 1915, the J.P. Morgan interests, the steel, shipbuilding, and powder interest, and their subsidiary organizations, got together twelve men high up in the newspaper world and employed them to select the most influential newspapers in the United States and sufficient number of them to control generally the policy of the daily press. They found it was only necessary to purchase the control of twenty five of the greatest papers. An agreement was reached. The policy of the papers was bought, to be paid for by the month. An editor was furnished for each paper to properly supervise and edit information regarding the questions of preparedness, militarism, financial policies, and other things of national and international nature considered vital to the interests of the purchasers.
Oscar Callaway

The real menace of our republic is this invisible government which like a giant octopus sprawls its slimy length over city, state and nation. Like the octopus of real life, it operates under cover of a self created screen. At the head of this octopus are the Rockefeller Standard Oil interests and a small group of powerful banking houses generally referred to as international bankers. The little coterie of powerful international bankers virtually run the United States government for their own selfish purposes. They practically control both political parties.
John F. Hylan

From the days of Spartacus, Wieskhopf, Karl Marx, Trotsky, Rosa Luxemberg, and Emma Goldman, this world conspiracy has been steadily growing. This conspiracy played a definite recognizable role in the tragedy of the French revolution. It has been the mainspring of every subversive movement during the 19th century. And now at last this band of extraordinary personalities from the underworld of the great cities of Europe and America have gripped the Russian people by the hair of their head and have become the undisputed masters of that enormous empire.
Winston Churchill

The government of the Western nations, whether monarchical or republican, had passed into the invisible hands of a plutocracy, international in power and grasp. It was, I venture to suggest, this semi-occult power which pushed the mass of the American people into the cauldron of World War I.
J.F.C. Fuller

For a long time I felt that Franklin Delano Roosevelt had developed many thoughts and ideas that were his own to benefit this country, the United States. But he didn't. Most of his thoughts, his political ammunition, as it were, were carefully manufactured for him in advanced by the Council on Foreign Relations, the One World Money group. Brilliantly, with great gusto, like a fine piece of artillery, he exploded that prepared ammunition in the middle of an unsuspecting target, the American people, and thus paid off and returned his internationalist political support. The UN is but a long-range, international banking apparatus clearly set up for financial and economic profit by a small group of powerful One World revolutionaries, hungry for profit and power. The depression was the calculated shearing of the public by the World Money powers, triggered by the planned sudden shortage of supply of call money in the New York money market. The One World Government leaders and their ever close bankers have now acquired full control of the money and credit machinery of the US via the creation of the privately owned Federal Reserve Bank.
Curtis Dall

A definite factor in getting a lie believed is the size of the lie. The broad mass of the people, in the simplicity of their hearts, more easily fall victim to a big lie than to a small one.
Adolf Hitler

It seems to me perfectly in the cards that there will be within the next generation or so a pharmacological method of making people love their servitude, and producing a kind of painless concentration camp for entire societies, so that people will in fact have their liberties taken away from them but will rather enjoy it, because they will be distracted from any desire to rebel by propaganda, brainwashing, or brainwashing enhanced by pharmacological methods.
Aldous Huxley

I know the secret of making the average American believe anything I want him to. Just let me control television. You put something on the television and it becomes reality. If the world outside the TV set contradicts the images, people start trying to change the world to make it like the TV set images.
Hal Becker

Our job is to give people not what they want, but what we decide they ought to have.
Richard Salant

The powers of financial capitalism had another far reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements, arrived at in frequent private meetings and conferences. The apex of the system was the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the worlds' central banks which were themselves private corporations. The growth of financial capitalism made possible a centralization of world economic control and use of this power for the direct benefit of financiers and the indirect injury of all other economic groups. 
Carroll Quigley

There is a small circle of men who control the world's finance. Each member, before initiation, knows its religion to be reward for friends and extermination of enemies. 
Once a man is within the magic circle, punishment for disloyalty is sure and terrible, and in no corner of the Earth can he escape it, nor can any power on Earth protect him from it.
Thomas Lawson

Those who manipulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country. Our minds are moulded, our tastes are formed, our ideas suggested, largely by men we have never heard of.
Walter Bernays

I think the subject which will be of most importance politically is mass psychology. Various results will soon be arrived at. The influence of home is obstructive. The science of psychology will be diligently studied, but it will be rigidly confined to the governing class. The populace will not be allowed to know how its convictions were generated. When the technique has been perfected, every government that has been in charge of education for a generation will be able to control its subjects securely without the need of armies or policemen. Educational propaganda, with government help, could achieve this result in a generation. There are, however, two powerful forces opposed to such a policy. One is religion, the other is nationalism. A scientific world society cannot be stable unless there is a world government.
Bertrand Russell

If two parties, instead of being a bank and an individual, were an individual and an individual, they could not inflate the circulating medium by a loan transaction, for the simple reason that the lender could not lend what he didn't have, as banks can do. Only commercial banks and trust companies can lend money that they manufacture by lending it.
Irving Fisher

The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it.
John Kenneth Galbraith

The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks.
John Emerich Edward Acton

Commercial banks create chequebook money whenever they grant a loan, simply by adding new deposit dollars in accounts on their books in exchange for a borrower’s IOU. Banks lend by creating credit. They create the means of payment out of nothing. 
Ralph M. Hawtrey 

The decrease in purchasing power incurred by holders of money due to inflation imparts gains to the issuers of money.
St Louis Federal Reserve Bank

The entire world economy rests on the consumer. If he ever stops spending money he doesn't have on things he doesn't need, we're done for.
Bill Bonner

With the monetary system we have now, the careful saving of a lifetime can be wiped out in an eyeblink.
Larry Parks

When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes. Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.
Napoleon Bonaparte

I wouldn't go to war again as I have done to protect some lousy investment of the bankers. There are only two things we should fight for. One is the defense of our homes and the other is the Bill of Rights. War for any other reason is simply a racket.
Smedley Darlington Butler 

There is nothing left now for us but to get ever deeper and deeper into debt to the banking system in order to provide the increasing amounts of money the nation requires for its expansion and growth. Our money system is nothing better than a confidence trick. The Money Power which has been able to overshadow ostensibly responsible government is not the power of the merely ultra-rich, but is nothing more or less than a new technique to destroy money by adding and withdrawing figures in bank ledgers, without the slightest concern for the interests of the community or the real role money ought to perform therein. To allow it to become a source of revenue to private issuer's is to create, first, a secret and illicit arm of government and, last, a rival power strong enough to ultimately overthrow all other forms of government. An honest money system is the only alternative.
Frederick Soddy

When plunder becomes a way of life for a group of men living together in society, they create for themselves in the course of time a legal system that authorizes it and a moral code that glorifies it.
Frederic Bastiat

The bank hath benefit of interest on all moneys which it creates out of nothing.
William Paterson

Banking doesn’t involve fraud, banking IS fraud.
Tim Madden

Money does not pay for anything, never has, never will. It is an economic axiom as old as the hills that goods and services can be paid for only with goods and services.
Albert Jay Nock

Only when the last tree has died and the last river has been poisoned and the last fish been caught will we realize we cannot eat money.
Cree Indian Proverb

When the people of the world have a common monetary language, completely freed from every government, it will so facilitate and stabilize exchange that peace and prosperity will ensue even without world government. A union of peoples rather than a union of political governments is what this world needs.
E.C.Reigel

Money is the measure by which goods are valued, the value by which goods are exchanged, and in which contracts are made payable. Every thing receives a value from its use, and the value is raised, according to its quality, quantity and demand. Money is not the value for which goods are exchanged, but the value by which they are exchanged.
John Law

As long as we cling to the superstition that we must look to government for money supply, instead of requiring it to look to us, just so long must we remain the subjects of government, and it is vain to follow this or that policy or party or ism in the hope of salvation. We can control government and our own destiny only through our money power and until we exert that power it is useless for us to debate the pros and cons of political programs. To trade goods and services is a natural right of all people. To issue the money necessary to make these exchanges is also the natural right of all people who are intelligent enough to do so. We need not beg for money. We do not need to be money slaves. We can be money masters.
E.C.Reigel

In nature's economy the currency is not money, it is life.
Vandana Shiva

Sources, further links and explication here.

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