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Rothschilds Want Iran’s Banks

In Economy, Iran, News, NWO, Other Leaks, Politics on February 27, 2013 at 2:55 AM

Rothschilds_Iran-Dees

Could gaining control of the Central Bank of the Islamic Republic of Iran (CBI) be one of the main reasons that Iran is being targeted by Western and Israeli powers? As tensions are building up for an unthinkable war with Iran, it is worth exploring Iran’s banking system compared to its U.S., British and Israeli counterparts.

Some researchers are pointing out that Iran is one of only three countries left in the world whose central bank is not under Rothschild control. Before 9-11 there were reportedly seven: Afghanistan, Iraq, Sudan, Libya, Cuba, North Korea and Iran. By 2003, however, Afghanistan and Iraq were swallowed up by the Rothschild octopus, and by 2011 Sudan and Libya were also gone. In Libya, a Rothschild bank was established in Benghazi while the country was still at war.

Islam forbids the charging of interest, a major problem for the Rothschild banking system. Until a few hundred years ago, charging interest was also forbidden in the Christian world and was even punishable by death. It was considered exploitation and enslavement.

Since the Rothschilds took over the Bank of England around 1815, they have been expanding their banking control over all the countries of the world. Their method has been to get a country’s corrupt politicians to accept massive loans, which they can never repay, and thus go into debt to the Rothschild banking powers. If a leader refuses to accept the loan, he is oftentimes either ousted or assassinated. And if that fails, invasions can follow, and a Rothschild usury-based bank is established.

The Rothschilds exert powerful influence over the world’s major news agencies. By repetition, the masses are duped into believing horror stories about evil villains. The Rothschilds control the Bank of England, the Federal Reserve, the European Central Bank, the IMF, the World Bank and the Bank of International Settlements. Also they own most of the gold in the world as well as the London Gold Exchange, which sets the price of gold every day. It is said the family owns over half the wealth of the planet—estimated by Credit Suisse to be $231 trillion—and is controlled by Evelyn Rothschild, the current head of the family.

Objective researchers contend that Iran is not being demonized because they are a nuclear threat, just as the Taliban, Iraq’s Saddam Hussein and Libya’s Muammar Qadaffi were not a threat.

What then is the real reason? Is it the trillions to be made in oil profits, or the trillions in war profits? Is it to bankrupt the U.S. economy, or is it to start World War III? Is it to destroy Israel’s enemies, or to destroy the Iranian central bank so that no one is left to defy Rothschild’s money racket?

It might be any one of those reasons or, worse—it might be all of them.

Via AmericanFreePress

Lawsuit Forces FED to Release Documents

In News, NWO, Other Leaks, Wall Street on April 1, 2011 at 12:33 PM

A lawsuit filed by the Fox Business Network and Bloomberg News has forced the Federal Reserve Bank to give up details about which banks borrowed billions from the government during the financial crisis.

DOWNLOAD THE FED DOCUMENTS HERE

A massive cache of documents released by the Federal Reserve Thursday reveals that banks from every corner of the globe, large and small, turned to the U.S. government’s emergency bailout program for help as the credit crisis exploded in late 2008.

In addition to global banking giants such as Bank of New York Mellon (BK: 30.46, +0.59, +1.98%) and Morgan Stanley (MS: 27.42, +0.10, +0.37%), the documents show numerous, small regional banks tapped the Fed’s discount window, especially banks from areas hard hit by collapsing real estate markets, such as California.

Dexia, Erste Group and Depfa, were among the foreign banks that turned to the Fed as credit markets dried up and banks had no other alternative but to seek U.S. government bailout dollars.

Other big foreign borrowers were Norinchukin Bank of Japan, Bank of Scotland, and Germany’s Landesbank Baden-Wurttemberg and France’s Societe Generale.

The Fed released the trove of information after a lengthy court battle initiated by media outlets including FOX Business, which sought the data under the Freedom of Information Act.

In 2008, as the financial crisis was gaining steam and many banks were bleeding money as a result of vast investments in toxic subprime loans, the U.S. government agreed to a series of emergency measures designed to bail out faltering banks by providing loans through the Fed’s discount window, often referred to as the lender of last resort.

According to the documents released Thursday, the peak for lending was Oct. 29, 2008, with $111 billion in discount-window borrowing. About $50 billion of that day went to Dexia and Depfa.

FOX Business initially sought information on the use of the bailout funds for American International Group (AIG: 35.18, +0.04, +0.11%) and the Bank of New York Mellon, and later sought similar data on the bailout funds for Citigroup Inc (C: 4.48, +0.06, +1.24%).

FOX Business asked the Treasury Department to identify, among other issues, the troubled assets purchased by the government, any collateral extended by the banks, and any restrictions placed on these financial institutions for their participation in this program.

But the Fed refused to name banks that borrowed funds through the discount window or provide any other information related to the emergency programs for fear there would be a run on banks tied to bailouts.

FOX Business and Bloomberg News subsequently argued in lawsuits that the public had a right to know where the money went and how much was borrowed.

Sifting through the documents one broad theme emerges: all the large banks used the discount window to some extent, though the use of this so-called lender of last resort was generally a small part of their total emergency borrowing through other Fed programs. Goldman Sachs, for instance, tapped the window for $50 million, a tiny amount for a firm that size.

In some cases, the documents reveal a bank failure occurring in real time. Washington Mutual, for instance, started borrowing from the discount window on Sept. 18, 2008, with an initial loan of $2 billion. But it then borrowed another $2 billion every night until Sept. 25, when JPMorgan bought it.

Discussing the rationale for withholding the information, Jay Ritter, a finance professor at the University of Florida, said the Fed in late 2008, as it was lending money to desperate banks, feared “a self-fulfilling prophecy.”

“The Fed was legitimately concerned if it revealed which banks were having trouble it would become a self-fulfilling prophecy and a death-knell for those banks,” he said.

In effect, he said, if investors or depositors think there’s going to be a bank run the chances are good there will be a bank run.

On the other hand, the secrecy surrounding the Fed’s discount window flies in the face of other U.S. securities laws, namely the Securities and Exchange Commission’s “mandate that all material information should be disclosed to investors for publicly traded corporations,” said Ritter.

The FOIA complaint was filed by FOX News Network, LLC, as owner of FOX Business.

Kevin Magee, Executive Vice President of FOX Business Network, said at the time, “The Treasury has repeatedly ignored our requests for information on how the government is allocating money to these troubled institutions. In a critical time like this amidst mounting corruption and an economic crisis, we as a news organization feel it’s more important than ever to hold the government accountable.”

In early 2009, a federal judge ordered the release of some documents from Treasury. Much of the information contained in the documents was redacted, leaving thousands of blank documents, whited-out sentences and page after page of little more than lists of email recipients, senders and subject lines.

Meanwhile, Treasury was still able to file what’s known as a Vaughan index, which allowed it to hold back some information. Citing attorney-client privilege, the government held back a lot. That’s the material now being released.

Courts have repeatedly ruled in favor of FOX Business. In separate rulings, federal judges said Congress rather than the Fed should decide whether withholding the information best serves the national interest.

Despite the court victories, release of the material provided on Thursday had been held up on appeal. Specifically, a trade group called the Clearing House Association [CHA], which represents some of the biggest U.S. banks, had sought recently to have the case heard by the Supreme Court.

The CHA argued in its court filing that the Fed has never revealed the identities of borrowers from its discount window, the lending facility where banks get short-term funding and the source of the 2008 emergency loans.

But the Supreme Court ruled last week that it would not hear the case, forcing the release of the information by the Fed. The Fed, essentially conceding the battle to the media outlets, did not join the appeal by the CHA.

In an unrelated FOIA battle, FOX Business fought successfully last year for the repeal of a measure included in the recent financial reform bill that made it easier for the Securities and Exchange Commission to withhold information from the public. President Obama repealed the controversial provision in October following bi-partisan criticism of its inclusion in the Dodd-Frank Wall Street reform bill.

While that same bill has forced the Fed to increase its transparency, one area had been isolated for continued secrecy – the Fed discount window. Thursday’s release gives the public access to that information.

Steven G. Mintz, who has argued several FOIA cases on behalf of Fox Business, said earlier this week in response to the Fed’s release of the material, “It’s been a long time coming. I am very pleased that the American public will finally be able to learn who borrowed money from the Fed discount window during the financial crisis.”

Congressman Ron Paul discusses the documents the FED released by court order today.


DOWNLOAD THE FED DOCUMENTS HERE

Related Links:

FCIC Report Says Financial Crisis Was Avoidable and Warnings Were Ignored

Inside Job (2010)

Why Isn’t Wall Street in Jail?

Inside Job Filmmaker Criticizes Banks & Wall Street During Oscar Award Speech

In NWO, Wall Street on March 2, 2011 at 3:04 PM

WATCH “INSIDE JOB” HERE

Documentary filmmaker Charles Ferguson was honored at the Academy Awards for his film “Inside Job,” a film which analyzed the 2008 financial crises.

Upon accepting his award Ferguson took the opportunity to issue a scathing critique of the US government’s lackluster investigation into the cause of the crisis.

Forgive me, I must start by pointing out that three years after our horrific financial crisis caused by financial fraud, not a single financial executive has gone to jail, and that’s wrong,” he said.

http://www.sonyclassics.com/insidejob/

http://www.insidejob.com/

WATCH “INSIDE JOB” HERE

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