DEADLY WATERS OF POLITICS
Praise God for the boldness of Christian young people!!
This article with video completely uplifts the soul:
One news person was surprised the police didn’t arrive to remove this valedictorian from the stage.
Fortunately, we have the same rights we have always held in America according to our Constitution. We have freedom of speech and religion wherever we are. Being in government buildings or government meetings does make void every right we own.
From The Washington Times and other source:
(Edited and condensed)
A South Carolina valedictorian garnered wild applause after he ripped up his pre-approved speech and delivered the Lord’s prayer at his high school graduation.
The act was apparently in protest of his school district’s decision to no longer include prayer at graduation ceremonies, Christian News reported. Officials said the decision was made after the district was barraged with complaints by atheist groups.
Fortunately, braveness won over the tyranny of removing America’s religious rights.
“I was tearing up on stage.” The valedictorian ripped up his speech to recite the Lord’s Prayer to everyone’s joy at this secular school.
He ripped up his graduation speech for all to see, before he started talking about his Christian upbringing, Christian News reported. “Those that we look up to, they have helped carve and mold us into the young adults that we are today,” he said. “I’m so glad that both of my parents led me to the Lord at a young age.”
“And I think most of you will understand when I say…” he paused. “Our Father, who art in Heaven, hallowed be Thy name…”
The auditorium began to erupt with applause and cheers. “Lead us not into temptation, but deliver us from evil,” he continued. “For Thine is the Kingdom and the power and the glory, forever and ever. Amen.”
The school district stated they will not take disciplinary action against this Christian young man.
Stewardess Kneels in Plane Aisle
I loved reading the account of a remarkable trip from New York to Houston.
A man took notice of the female flight attendant who served everyone with a smile despite her pace.
He found the time to inquire of the reason for her happiness. She responded with, it was her job, it was all show, she was a “professional.”
He wisely inquired, “If she understood the difference between joy and happiness?” She could not.
At this point he handed her a New Testament and explained “the joy of the LORD, and her need to accept Jesus as the LORD and Savior. She listened attentively.”
“Then, at about 38,000 feet above the ground, she knelt down in the narrow aisle, with all watching, and she confessed her sin and accepted Jesus as her Savior.”
He and his wife “held her hands and prayed for her as she expressed the joy of the LORD.”
Persecution of our military
When a serviceman expressed his religious position about homosexuality on a personal blog, he received a “severe and possibly career-ending reprimand.”
An enlisted service member was given a negative efficiency report for sending personal invitations to his promotion party, in which he said he would be serving Chick-fil-A sandwiches “in honor of the Defense of Marriage Act.”
A senior military official at Fort Campbell sent out a lengthy email instructing officers to recognize “the religious right in America” as a “domestic hate group,” (akin to the KKK and Neo-Nazis) because of its opposition to homosexual behavior.
An Air Force officer was told to remove a Bible from his desk because “it might offend someone.” The officer had kept the Bible on the desk for 18 years.
A chaplain was relieved of his command over a military chapel because he refused to deviate from federal marriage law and allow same-sex “weddings” on base.
An enlisted service member was threatened and denied promotion by a senior NCO for expressing — during a personal conversation — his support of natural marriage.
Last month, Coast Guard Rear Admiral William Lee told a National Day of Prayer audience that religious liberty was being threatened by Pentagon lawyers and service members are being told to hide their faith in Christ. “Leaders like myself,” he said, “are feeling the constraints of rules and regulations and guidance issued by lawyers that put us in a tighter and tighter box regarding our constitutional right to express our religious faith.”
Of course, evil and vile planned activities occur at military parties, but it is the decent gatherings that promote godly goodness that are classified as illegal under this administration.
White House murder facts:
Satan is the father of all murders. Evil people stand on the agendas of death, destruction, and sexual deviancy.
Muslim Terrorists—illegal words:
New York Post:
To put it kindly, the president is stuck in deep denial. Shadow-boxing against the truth, he can’t bring himself to say “Muslim terrorists” … Asked why Obama didn’t immediately call the April 15 Boston bombings a “terrorist attack,” Axelrod told an interviewer that “I’m sure what was going through the president’s mind is — we really don’t know who did this — it was Tax Day. … There you have it. The instinct in the White House — or maybe the hope — was that the bomber would have ties to the Tea Party or another conservative group …
Edward Snowden has provided information that has angered many, basically that all Americans are being spied on. We are not allowed disclosure to this fact; we are to believe the lies that are filtrated to us through the media. We are to make-believe we are not being surveyed by intelligence.
Edward Snowden’s interview:
Due to the Snowden leak, Washington is now telling us spying on us is a good thing. Plus, it is perfectly legal for the innocent citizens of America to be spied upon.
What our Constitution awards us:
AMENDMENT IVThe right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no warrants shall issue, but upon probable cause, supported by oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.
Time will tell the total motivation of Edward Snowden. If he divulges secret information to foreign governments, that can bring harm to us, then we know he is not a true American. Of course, our government could make false accusations regarding him, as we well know.
Currently, Snowden has made no attempt to disclose anything, except those issues that effect the Constitutional liberties of the American people that have been withdrawn in illegal acts. The Guardian British Press assures that they are careful in overseeing what is disclosed.
It is disheartening that the secular news media fully supports the president, NSA, and Congress in all the lies that they have set forth. They provide not one word of reproof.
Liberal journalists verbally attack the truth tellers. They call all the liars the good guys, and all those who expose the lies, the bad guys. This is total, conspired wickedness; yet, the Word of God warns that in the last days, good will be called evil.
Apparently, reporters assume you forget all their previous telecasted lies.
They believe anyone who exposes the lies of this administration needs a target placed on their back so justice can be served.
I heard one newscaster, mention, though not directly, “beheading” in regard to the Snowden scenario. Brit Hume made it clear that he is very angry. Americans knowing the surveillance truth is treason in his eyes.
“Beheading” caught my ear knowing Muslims behead people with knives, swords and machetes, many of whom are Christians.
I saw a photo where a Muslim man had beheaded a little Christian boy and held the head in the air for show.
Of course, a Muslim recently performed such an evil deed in London with a British soldier. He implemented a cleaver.
Brit Hume further declared Snowden provided no information regarding the facts of NSA. He made fun of him for being a know-nothing.
Well, if what Hume says is true, then why is he so angry, and why does this man need to be captured or killed.
Snowden stands on one of Obama’s campaign agendas:
One senator stated that he believes our government may try and kill Snowden with a drone.
Rand Paul News:
Senator Rand Paul said he disagrees with Obama administration statements that the recently disclosed NSA efforts constitute a “modest” invasion of privacy. He said he has no problem with government agencies using similar methods if they have a warrant on a specific person. However, the NSA surveillance programs are designed specifically to bypass using a warrant.
“That doesn’t look like a modest invasion of privacy,” Paul said. “I have no problem if you have probable cause … but we’re talking about trolling through a billion phone records a day.”
Of course, NSA has protected Americans on various occasions. One Muslim man was phoning Pakistan for bomb making instructions, and he was arrested before he could act harmfully.
What is disturbing is there are people who have harmed us who should have been imprisoned long before their acts. The government knew the Muslims who attacked us on our soil were terrorists, that they were threats to America’s safety.
PRISM is not an acronym according to NSA; however, it will not expose what the letters represent.
“It’s the super-secret program to surreptitiously sweep the Internet for audio, video, photographs, emails and web searches from nine major US Internet providers – Microsoft, Yahoo, Google, Facebook, PalTalk, AOL, Skype, YouTube, and Apple – in hopes of detecting suspicious behavior that begins overseas and may be tied to terrorism.”
Is it right for a man who supports American liberty to be viewed as the world’s number one terrorist, who needs to be manhunted, beyond all those who do commit murdering terror in this world?
The press states that people want to be completely monitored; however, this is not true. Alan showed me a survey from Sandpoint, Idaho, a very liberal community, and most surveyed did not want to be monitored. Only a few stated they did not mind. This also reveals that the public needs to be leery of surveys when they are often conducted by liberal groups. They will often disguise their questions to make people think they are answering opposite of what is stated. This trick is used in voting as well. Voters believe they are voting one way, when they are actually voting the opposite. This occurred many years ago with a local measure in our former neighborhood in south Boise. Everyone thought they voted correctly according to the confusing phraseology provided. We later found out we had been tricked by the language and promotion.
Of course, political surveyors can lie regarding the results as well.
It has been reported that IRS implemented the PRISM program of The National Security Agency (NSA) to gather information on Christian organizations, Jewish and conservative to perform tax exemption harm.
On top of this, NSA just admitted its information on Americans is not secure. It is vulnerable to Cyber attacks:
WASHINGTON – Congressman Steve Stockman (R-Texas 36) Tuesday asked the House Government Reform and Oversight Committee to subpoena all National Security Agency records of phone calls between employees of the White House and the Internal Revenue Service.
Stockman’s office hand delivered a letter Tuesday afternoon to the Committee’s office requesting a subpoena “of all records of every phone call made from all public and private telephones of all IRS personnel to all public and private telephones of all White House personnel” collected under the NSA’s recently-revealed PRISM program.
“Obama assures the public, he only collected this information to uncover wrongdoing and protect civil liberties. Clearly he would want us to use it to investigate this case, because otherwise he’d be lying,” said Stockman.
“If Obama has nothing to hide he has nothing to fear,” said Stockman.
“This case must be investigated fully, given admitted wrongdoing by the IRS, its potentially criminal implications and revelations the White House has been less than honest about what they knew and when,” said Stockman. “Obama says the PRISM program is perfectly legal, so there should be no problem whatsoever in providing the information on White House and IRS phone calls.”
“The only possible scenario in which the administration refuses to comply would be if it would reveal unconstitutional or illegal behavior,” said Stockman.
Stockman’s office also electronically delivered the same letter to the Homeland Security Committee chaired by Rep. Michael McCaul.
Wall Street Journal:
WASHINGTON—The National Security Agency is obtaining a complete set of phone records from all Verizon VZ-0.56% U.S. customers under a secret court order, according to a published account and former officials
The National Security Agency is obtaining phone records from all Verizon U.S. customers under a secret court order, according to a newspaper report and ex-officials.
The account provides fresh evidence that NSA’s far-reaching domestic surveillance effort has continued after Congress passed a law five years ago to institutionalize a post-9/11 warrantless surveillance program.
In a rare test of a tool expanded in the U.S. Patriot Act, a telecom company is fighting the government’s use of a secretive tool called a national security letter to get access to customer records without a court order. WSJ’s Jennifer Valentino-DeVries reports. (Originally published July 17, 2012)
The revelation of the secret order appears to lift the veil on a broad NSA domestic collection program under way, which former government officials say represents just a sliver of the domestic data NSA is taking in and which includes all types of communications data, such as emails and records of Internet browsing. The data collection began after the Sept. 11, 2001, attacks, according to several former intelligence officials.
Verizon is required to provide NSA with “all call detail records” of customers, including all local and long-distance calls within the U.S., as well as calls between the U.S. and overseas, according to a court order labeled “top secret” published Wednesday by the Guardian newspaper.
Verizon officials declined to say whether the order appearing on the Guardian’s website is authentic.
Verizon’s traditional landline business connects about one billion calls a day. Verizon Wireless has nearly 100 million retail customers. Verizon spokesman Ed McFadden declined to comment, as did officials with the NSA.
A senior Obama administration official Thursday called the practice a “critical tool” in protecting the public from terrorists.
The information collected “allows counterterrorism personnel to discover whether known or suspected terrorists have been in contact with other persons who may be engaged in terrorist activities, particularly people located inside the United States,” the senior Obama administration official said in defending the practice.
What is unusual about Wednesday’s revelation is the apparent order that was issued by the secret Foreign Intelligence Surveillance Court (FISA), whose findings are rarely made public. It is the first known unauthorized publication of one of its orders.
The order is dated April 25, 2013 and expires on July 19, 2013. It is slated for declassification in 2038.
“It’s analogous to the FBI stationing an agent outside every home in the country to track who goes in and who comes out.”
With all the security we now have at airports, and the 24 hour surveillance they maintain on us, it is a wonder that Americans are still allowed to fly out of the country.
Syrian Christians require our prayers:
PERSECUTION ARRISES IN SYRIA (Baptist Church News, June 7, 2013) – The following is excerpted from “A Conversation with Christian Syrian Refugees,” Religious Freedom Coalition, June 1, 2013. It shows that those fighting against the Syrian government want to create an Islamic state and introduce Sharia law. For Jews and Christians, this is worse than the existing corrupt administration. “The following report comes from Martin Janssen in Amman, Jordan (original in Dutch). … Janssen had the opportunity to meet with Syrian Christian refugees, who told him how they came to flee their homes and villages.
Their village was occupied by rebel forces, who proceeded to announce that they were now under an Islamic emirate, and were subject to Sharia Law. The Christian residents were offered four choices: (1) renounce the ‘idolatry’ of Christianity and convert to Islam; (2) pay a heavy tribute to the Muslims for the privilege of keeping their heads and their Christian faith (this tribute is known as jizya); (3) be killed; (4) flee for their lives, leaving all their belongings behind.
Some Christians were killed, some fled, some tried to pay the jizya and found it too heavy a burden to bear after the rebels kept increasing the amount they had to pay, and some were unable to flee or pay, so they converted to Islam to save themselves. The scenario reported by Syrian refugees is a re-enactment of the historic fate of Christians across the Middle East.”
Love in the One who has created a true home for born again Christians, this present world is not our true home. Christ left this earth to prepare a wonderful place for us in heaven.
To learn of God’s personal love for you, please click here: Paradise
Henry Kissinger is a member of the secretive organization, The Bilderberg Group. http://news.muckety.com/2008/06/12/bilderberg-friends-include-kissinger-rockefeller-perle-and-johnson/3371
He referred to Obama as the hope for the world. He stated he may bring in the first world order as he is loved everywhere in the world.
David Rockefeller is a lifetime member of Bilderberg. His net wealth is estimated at 2.9 billion dollars, ranking him within the 300 richest people in the world. He owns significant stock in Oil Companies. He is the original U.S. founding member of Bilderberg, life member, and member of the Steering Committee (1954-
He possesses great power in World Bank and Chase Bank. It is proven his family supported Hitler’s Third Reich through their banking ties. Please watch the video below. You will be very educated.
“In 1965, Rockefeller and other senior businessmen formed the Council of the Americas to stimulate and support economic integration in the Americas. The Council subsequently played a key role in the passage of the North American Free Trade Agreement (NAFTA). In 1992, at a Council sponsored forum, Rockefeller proposed a “Western Hemisphere free trade area”, which subsequently became the Free Trade Area of the Americas in a Miami summit in 1994. His and the Council’s chief liaison to President Bill Clinton in order to garner support for this initiative was through Clinton’s chief of staff, Mack McLarty, whose consultancy firm Kissinger McLarty Associates is a corporate member of the Council, while McLarty himself is on the board of directors.”
David Rockefeller Received the Presidential Medal of Freedom (1998) and
World Brotherhood Award, Jewish Theological Seminary (1953).
The Rockefeller family is of German decent.
Federal Reserve Chairman Ben S. Bernanke attended Bilderberg in 08.
If you gaze through Wikipedia’s disclosed attendees, you will be amazed at the number of elitist people in the world who have attended the Bilderberg Group; however, they never leak the group’s activities. Very amazing! Few statements and accounts have been disclosed since its commencement in 1954.
Only the selected invited can enter the doors of the Bilderberg group. If anyone presses the issue, they are severely harassed. Some reporters have attempted entry and one stated he had traveled the world and never been treated in such a horrific manner. He was greatly shocked. The Bilderberg Group is welcomed everywhere in the world or so it seems. They, like the G8, meet in closed sessions, heavily guarded. Both groups meet once a year in different places in the world. In 2008 the Bilderberg Group met in Virginia. It was America’s turn.
Liberal journalists are also at times invited. Peter Jennings attended in 1995.
Bilderberg controls the IMF, the World Bank, the UN, all the European Central Banks. Every prominent European commissioner has at one time or another attended a Bilderberger meeting. Every NATO general secretary is a Bilderberger.
“Recently, there has been much discussion about Barack Obama having possibly attended the recent Bilderberg conference in Virginia. This speculation arose when Barack Obama and Hillary Clinton sneaked off for a secretive meeting while in Virginia. As the AP reported, “Reporters traveling with Obama sensed something might be happening between the pair when they arrived at DullesInternationalAirport after an event in Northern Virginia and Obama was not aboard the airplane. Asked at the time about the Illinois senator’s whereabouts, [Obama spokesman Robert] Gibbs smiled and declined to comment.
The press that had been traveling with Obama were not made aware of the secretive meeting until the plane that they assumed Obama would be present on was moving down the runway, prompting many angry questions from the press towards Obama’s spokesman, Robert Gibbs. One reported asked Gibbs, ‘Why were we not told about this meeting until we were on the plane, the doors were shut and the plane was about to taxi to take off?’ to which he responded, ‘Senator Obama had a desire to do some meetings, others had a desire to meet with him tonight in a private way and that is what we are doing.’ This preceded another question, ‘Is there more than one meeting, is there more than one person with whom he is meeting?’ Gibbs simply replied, ‘I am not going to get into all the details of the meeting.’ He again later repeated that, ‘There was a desire to do some meetings tonight, he was interested in doing them, others were interested in doing them, and to do them in a way that was private.’
On Friday, June 6, it was reported that Bilderberg tracker, Jim Tucker, called Obama’s office today to ask if he had attended Bilderberg. A campaign spokeswoman refused to discuss the matter but would not deny that Obama had attended Bilderberg.”’
(Please read 1 John 5:10-13 in the Bible)
TEN TIMES A YEAR – once a month except in August and October – a small group of well dressed men arrives in Basel, Switzerland. Carrying overnight bags and attaché cases, they discreetly check into the Euler Hotel, across from the railroad station. They have come to this sleepy city from places as disparate as Tokyo, London, and Washington, D.C., for the regular meeting of the most exclusive, secretive, and powerful supranational club in the world.
Each of the dozen or so visiting members has his own office at the club, with secure telephone lines to his home country. The members are fully serviced by a permanent staff of about 300, including chauffeurs, chefs, guards, messengers, translators, stenographers, secretaries, and researchers. Also at their disposal are a brilliant research unit and an ultramodern computer, as well as a secluded country club with tennis courts and a swimming pool, a few kilometres outside of Basel.
The membership of this club is restricted to a handful of powerful men who determine daily the interest rate, the availability of credit, and the money supply of the banks in their own countries. They include the governors of the U.S. Federal Reserve, the Bank of England, the Bank of Japan, the Swiss National Bank, and the German Bundesbank. The club controls a bank with a $40 billion kitty in cash, government securities, and gold that constitutes about one tenth of the world’s available foreign exchange. The profits earned just from renting out its hoard of gold (second only to that of FortKnox in value) are more than sufficient to pay for the expenses of the entire organization. And the unabashed purpose of its elite monthly meetings is to coordinate and, if possible, to control all monetary activities in the industrialized world. The place where this club meets in Basel is a unique financial institution called the Bank for International Settlements – or more simply, and appropriately, the BIS (pronounced “biz” in German). (This Bank supplied Hitler’s German Rank.)
THE BIS was originally established in May 1930 by bankers and diplomats of Europe and the United States to collect and disburse Germany’s World War I reparation payments (hence its name). It was truly an extraordinary arrangement. Although the BIS was organized as a commercial bank with publicly held shares, its immunity from government interference – and taxes in both peace and war was guaranteed by an international treaty signed in The Hague in 1930. Although all its depositors are central banks, the BIS has made a profit on every transaction. And because it has been highly profitable, it has required no subsidy or aid from any government.
Since it also provided, in Basel, a safe and convenient repository for the gold holdings of the European central banks, it quickly evolved into the bank for central banks. As the world depression deepened in the Thirties and financial panics flared up in Austria, Hungary, Yugoslavia, and Germany, the governors in charge of the key central banks feared that the entire global financial system would collapse unless they could closely coordinate their rescue efforts. The obvious meeting spot for this desperately needed coordination was the BIS, where they regularly went anyway to arrange gold swaps and war-damage settlements.
Even though an isolationist Congress officially refused to allow the U.S. Federal Reserve to participate in the BIS, or to accept shares in it (which were instead held in trust by the First National City Bank), the chairman of the Fed quietly slipped over to Basel for important meetings. World monetary policy was evidently too important to leave to national politicians. During World War II, when the nations, if not their central banks, were belligerents, the BIS continued operating in Basel, though the monthly meetings were temporarily suspended. In 1944, following Czech accusations that the BIS was laundering gold that the Nazis had stolen from occupied Europe, the American government backed a resolution at the Bretton Woods Conference calling for the liquidation of the BIS. The naive idea was that the settlement and monetary-clearing functions it provided could be taken over by the new International Monetary Fund. What could not be replaced, however, was what existed behind the mask of an international clearing house: a supranational organization for setting and implementing global monetary strategy, which could not be accomplished by a democratic, United Nations-like international agency. The central bankers, not about to let their club be taken from them, quietly snuffed out the American resolution.
The Bilderberg (or BB from now on) was formed in 1954 out of the need of corporate America to ensure cohesion of purpose on the part of its European partners in the recently formed North Atlantic Alliance (NATO) – the twin aim being to facilitate the flow of American capital into the region, and to bring Germany into the Alliance (against, it should be noted, the wishes of many of its partners). That it is a group endowed with enormous political clout can be attested to by: (1) examination of the lists of committee members and conference attendees over the years – together with the gravity and importance of the subjects discussed at these conferences (NATO, understandably, being repeatedly a key subject); and (2) these conferences take place under very strict security cover supplied by the respective host countries – even though implicit within the structure of this cabal is its unaccountable, secretive nature.
The Trilateral Commission (or TRI from now on) was formed in 1973, its agenda determined by the corporate-funded Brookings Institute and the Kettering Foundation – with not-a-little-help from David Rockefeller of the Chase/Manhattan Bank. That its projected formation should have been so enthusiastically acclaimed by the BB Conference in Knokke (Belgium) in 1972 should cause no surprise. Both corporate-controlled organisations, with linked membership, they shared the same aim: increasing globalisation of their wealth and power. Certainly, the BB with its total lack of any ‘democratic accountability’, must be in agreement with the TRI’s declaration (published in their “The crisis of Democracy”) that what the West needs most “is a greater degree of moderation in democracy”. Though, on second thoughts, the former probably thinks the ‘the degree of moderation’ somewht understated!
A further examination of both graph and list of bankers’ names reveals that, of the banking organisations, the Banks for International Settlements (or BIS from now on) is self-evidently of prime importance on the international scene – not only because of its prestigious membership (embracing as it does the head bankers of the leading industrial nations) – but also because of the significance of its links with other groups. This article will focus on it, at the expense of the other better-known banking institutions, for two reasons: (1) its prime ranking in the international hierarchy; and (2) so little knowledge of it is in the public domain.
The BIS is the world’s oldest international financial institution, having been set up in 1930 with the twin aim of (1) coping with reparations/loans from/to a very unstable post-World War one Germany; and (2) more importantly, to act as a forum for central bankers in the future. As such, it was the epitome of supranationality – able to circumvent all those orthodox ideals that had, over the years, become synonymous with the concept of the ‘nation state’ – such as ‘love of country’, ‘patriotism’ etc., – the danger, of course, being that, in certain circumstances (such as a state of war), such circumvention of patriotism by any of its board members could lead to them being accused of treasonable offences.
In order to appreciate what followed, it is essential to offer a brief resumé of the political/economic situation at the turn of the century: the Industrial Revolution, having fostered the rapid growth of a capitalist economy, inevitably gave birth to an ideal/dogma exposing the socio-political discord inherent within that same system which was based on the concept of one comparatively small group of people garnering profit from the wealth created by the labor of a much larger group. Thus was Marxism born – leading to the Bolshevik revolution in 1917.The USSR, now perceived by the industrial nations as representing the very antithesis of capitalism, was henceforth ‘the enemy’. The ‘cold war’ had begun, and its most blatant expression was the birth of fascism in the aftermath of the Bolshevik revolution – a birth both induced and nurtured by corporations such as I.G.Farben, SKF, Ford, ITT and Du Pont – corporation which were fast becoming multi-national in nature..Enter BIS. Set up in 1930 (see above),it consisted, initially, of a group of 6 central banks and a ‘financial institution of the USA‘. Granted a constitution charter by Switzerland, it was henceforth based in that country. That America was by then a financial force to be reckoned with on the international scene is borne out by the fact that the first President appointed to the BIS was Gates W. McGarrah (ex-Chase National Bank & Federal Reserve Bank).
By the late 1930’s the BIS had assumed an openly pro-Nazi bias – much of it disclosed by Charles Higham in his book “Trading With the Enemy”, and years later corroborated by a BBC Timewatch film “Banking With Hitler” (broadcast in late ’98). Two examples of such bias (there were many more) were: (1) The BIS had arranged transfers into the account of the German’s Reichbank of $378 million of what was, in effect, gold looted from the coffers of the invaded countries of Austria, Czechoslovakia, Holland and Belgium; and (2) in the summer of 1942, plans for the projected American invasion of Algeria were leaked to the governor of the French National Bank, who immediately contacted his German colleague in the BIS, SS Gruppenfuehrer Baron Kurt von Schroder (of the Stein Bank of Cologne), and by transferring 9 billion gold francs to Algiers – via the BIS – the Germans and their French subsidiaries made a killing of some $175 million in this dollar-exchange scam. Given the membership of the BIS at that time, this was hardly surprising. On the board were the following high-profile representatives of the Axis powers (there were 4 others): Walther Funk (Pres. of the Reichbank); Kurt von Schroder (above); Dr. Hermann Schmitz (Jt.Chm. of I.G.Farben); Emil Puhl (V/Pres. of the Reichbank); Yoneji Yamamoto; and Dr. V. Azzolini (Gov. Bank of Italy). It should be added that, of the non-Axis members on the board, many – such as Montagu Norman (Gov. of the Bank of England) were Nazi sympathisers, and that the President of the BIS from 1939 to 1946 was Thomas McKittrick, an American corporate lawyer who had been both Director of Lee, Higginson & Co. (a company which had made substantial loans to the Third Reich) and Chairman of the British-American Chamber of Commerce in London. His continued presidency of the BIS after America‘s entry into the war in December1941 was approved by Germany and Italy with this significant addendum to their note of authorisation: “McKittrick’s opinions are safely known to us”.
With the above noted disclosures in mind, the policy of appeasement pursued by Britain and France towards Germany in the pre-war period can now be more readily understood. By concluding a pact with Hitler, Britain and France – in effect – gave him the green light to advance eastwards (ref. “Mein Kampf”). Furthermore, the fact that they shared his endemic anti-communism blinded them to the risk that they were running by negotiating from a position of comparative military weakness – of which Hitler was perfectly aware – and for which they paid a heavy price. It should also be added that the architect of this act of appeasement, Prime Minister Chamberlain, was a shareholder in ICI, which had ties with I.G.Farben.
The significance of the American’s key central role in this sequence of events is underscored by the fact that, in the aftermath of World War 2, they (the Americans) set up the Bundesbank in Frankfurt (in their zone of control), ensuring that the bank would be independent of government and follow a strict monetary policy – in effect, another Federal Reserve System. In 1948 they replaced the existing Reichmarks with approximately 11 billion Deutschmarks, and Germany‘s subsequent conduct vis-a-vis European integration must be viewed with this in mind. In any case, the fact remains that Germany‘s subsequent frequent delaying tactics enabled the dollar to consolidate its dominance.
In their published précis entitled “Profile of an International Organisation”, the BIS states that its “predominant tasks are summed up most succintly in part of Article 3 of its original Statutes. They are ‘to promote the co-operation of central banks and to provide additional facilities for international financial operations'”. To achieve this aim it has 3 administrative bodies: (1) a Board of Directors, comprising the Governors of the central banks of Belgium, France, Germany, Italy, the UK and the USA, each of whom appoints another member of the same nationality – plus the central bank Governors of Canada, Japan,Holland, Sweden and Switzerland: a total of 17. (2) A Management Board; and (3) An annual General Meeting in June of each year.
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- J C Penny
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