Socio-Economics History Blog

Socio-Economics & History Commentary

Euro Zone Pressures Escalate!

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  • Illuminist banks are taking over the world. Paul Brodsky(KingWorldNews) :

     “This is drawing back the curtain to reveal exactly who is sovereign – the global banking system.  There is no German banking system or Euro banking system or American banking system.  When we strip out community and regional domestic banks around the world and consider the world’s largest 30 bank holding companies, then we must recognize there’s a global lending organism holding sovereign sway over G7 governments and populations.”
    The largest banks do not belong to sovereign economies with which they’re usually associated.  …  In fact, it should be pretty obvious to all observers by now that there really are no sovereign nations when these nations don’t have their own currencies.

    I think it is a safe assumption that the Fed, through its swap lines, will ensure the world’s largest banks remain solvent regardless of provenance.  These banks are the conduit through which global currencies are created and maintained.  Controlling the currencies is where the power lies…


December 2, 2011 Posted by | Economics | , , , , , , , , , , , | Comments Off on Euro Zone Pressures Escalate!

Euro Zone Breakup Could Come in 6-8 Weeks!

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Paul Watson Reports: Chinese Gov. Official – ‘US Threat To Pakistan Is Threat To China’!

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GCN’s Ted Anderson: Massive Financial Looting by The Mafia Banking Cartel !

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Max Keiser: “The United Europe of Goldman Sachs” !

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The Rockefeller World, Council on Foreign Relations, and The Trilateral Commission!

  • The Trilateral Commission, Council on Foreign Relations and Bilderberg Group are geo-political organizations in the Illuminati hierarchy. They are profane/secular arms reporting to the priestly/religious class in the Illuminati pyramid structure. The Illuminati traces its roots back to Egypt/Babylon many thousands of years ago. It is a part of their ancient secret, mystery religion and religious system.

    The Rockefeller World, Council on Foreign Relations, and the Trilateral Commission 
    By Andrew Gavin Marshall, 
    The following is a sneak peak from a chapter in Marshall’s upcoming book funded through The People’s Book Project.

    It is quite apparent in the history of America from the late 19th century and into the 20th century, that the Rockefeller family has wielded massive influence in shaping the socio-political economic landscape of society.

    However, up until the first half of the 20th century came to a close, there were several other large dominant families with whom the Rockefellers shared power and purpose, notably among them, the Morgans. As the century progressed, their interests aligned further still, and following World War II, the Rockefellers became the dominant group in America, and arguably, the world.

    Of course, there was the well-established business links between the major families emerging out of the American Industrial Revolution going into the 20th century, followed with the establishment of the major foundations designed to engage in social engineering. It was with the Council on Foreign Relations (CFR) that the changing dynamics of the Morgan-Rockefeller clan became most apparent.

    As discussed earlier in this book, the Council on Foreign Relations is the ultimate networking and socializing institution among the American elite. The influence of the CFR is unparalleled among other think tanks. One study revealed that between 1945 and 1972, roughly 45% of the top foreign policy officials who served in the United States government were also members of the Council, leading one prominent member to once state that membership in the Council is essentially a “rite of passage” for being a member of the foreign policy establishment.

    One Council member, Theodore White, explained that the Council’s “roster of members has for a generation, under Republican and Democratic administrations alike, been the chief recruiting ground for Cabinet-level officials in Washington.”[1]

    The CIA, as previously examined, is also no stranger to this network, since more often than not in the first several decades of the existence of the Agency, its leaders were drawn from Council membership, such as Allen Dulles, John A. McCone, Richard Helms, William Colby, and George H.W. Bush. As some researchers have examined:

    The influential but private Council, composed of several hundred of the country’s top political, military, business, and academic leaders has long been the CIA’s principal “constituency” in the American public. When the agency has needed prominent citizens to front for its proprietary (cover) companies or for other special assistance, it has often turned to Council members.[2]

    Roughly 42% of the top foreign policy positions in the Truman administration were filled by Council members, with 40% in the Eisenhower administration, 51% of the Kennedy administration, and 57% of the Johnson administration, many of whom were holdovers from the Kennedy administration.[3]

    …. for more click here!

The white horseman logo of the Illuminati CFR Foreign Affairs magazine. They labour to lay the groundwork for the coming of the white horseman, the fake messiah, the bringer of false peace of Revelation 6.

The Western Illuminati Organization Chart. Source:


December 2, 2011 Posted by | Economics, GeoPolitics | , , , , | 2 Comments

Chinese Government Official: ‘US Threat To Pakistan Is Threat To China’!

  • The Illuminists are setting up the world for the Satanic World War 3. Do not get involve militarily (violently) in any of these Illuminist generated wars. Jesus Christ, blessed Son of God, never taught me to hate and kill anybody! These wars are really about mass culling of the sheeple. They are about deception, getting one group of sheeple to kill another group of sheeple: Zionists + Jews + Christians vs Muslim World; China + Iran + Pakistan + Russia vs US + NATO + Israel … etc. They are to divert attention from the true cause of the world’s problems: the Illuminists ruling elites, the 13 Satanic bloodlines.
  • The Illuminists want to create: global economic, financial and monetary collapse; chaos, poverty, famine, spread diseases, social unrest, collapse of societies …. global wars. They are simply laying the foundation, setting the stage, for their “the one who is to come”, the fake messiah, Anti-Christ, bringer of false peace, white horseman … of Revelation 6.

    Revelation 6:1-2 New King James Version (NKJV)
    First Seal: The Conqueror
    1 Now I saw when the Lamb opened one of the seals; [a] and I heard one of the four living creatures saying with a voice like thunder, “Come and see.” 2 And I looked, and behold, a white horse. He who sat on it had a bow; and a crown was given to him, and he went out conquering and to conquer.
  • Chinese Government Official: ‘US Threat To Pakistan Is Threat To China’ 
    by Paul Joseph Watson & Yi Han,
    Chinese military stages massive wargame exercise near Pakistan in response to build-up of U.S. troops
    The Chinese military has staged a massive wargame exercise near Pakistan in response to a build-up of U.S. troops in the region as a top Chinese government official warned that any threat to Pakistan would be taken as a direct threat to China.

    Citing a report by China’s Central Television, Junshijia reports that an unnamed government official warned, “Any threat to Pakistan is a threat to China,” in response to increasing hostility directed towards Pakistan by both the US and NATO in the aftermath of a NATO bombing that killed 26 Pakistani soldiers last week. Pakistan responded to the airstrike by sealing its border with Afghanistan, preventing supplies from reaching the US-occupied country.

    According to the report, the United States is massing troops on Pakistan’s border in an act of aggression that China sees as a direct threat to its close alliance with the country. In response, China recently sent large numbers of Second Artillery PLA troops armed with sophisticated DF-21C and short-range DF-11A tactical missiles to China’s northwestern plateau near Pakistan for a huge military exercise designed to reflect China’s “attitude towards the US threat to Pakistan.” The drill ran from the 14-27 of November and included Pakistani troops. It was also reported by numerous other Chinese news sources (1,2,3).

    The report strongly emphasizes the Chinese position that its alliance with Pakistan represents a “brotherhood,” and that “China will never be in peace if Pakistan is lost.”

    “Militarily, China will be conducting massive and heavy equipment desert warfare in Pakistan on the 16th,” states the translated report. “America has always desired Pakistan, especially in recent years. As the U.S. war in Afghanistan deepens, and military actions against Iran’s determination become stronger, (the threat of ) confrontation with China increases, Pakistan is the place for America to gain military advantage strategically and geographically.”

    As we reported earlier, while China’s official rhetoric in English language media regarding hostilities towards the likes of Pakistan and Iran has taken on a concerned tone, discussions taking place inside China itself are a great deal more bellicose.

    In response to increased western hostility towards Iran, Chinese Major General Zhang Zhaozhong remarked that “China will not hesitate to protect Iran even with a third world war,” comments that have provoked much debate in China.

    The subject of Iran is also discussed in the Chinese media report. A western-led military assault on Iran is strongly discouraged, a point China also hoped to stress by way of a show of force in its recent wargames. China’s ambassador to the UN has warned IAEA Director General Yukiya Amano not to create “unfounded” evidence to justify a military attack on Iran in the name of halting its controversial nuclear program.


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The Fed’s European “Rescue”: Another Back-Door US Bank / Goldman bailout?

  • Behind all the so-called bailouts and rescue is the toxic derivatives held by Illuminist banks. They want governments to take the losses from them. Thus, you have the FedRes buying about US$1.3T of toxic MBS derivatives in 2009 by creating money out of thin air. These derivatives are worthless. (See: Bernanke Admits Printing $1.3 Trillion Out Of Thin Air!) If governments do not do as they are told, Illuminist banks threaten to take down the entire financial system!

    Jim Sinclair:
    The reason that sovereign debt cannot fail is the five largest US banks hold trillions of dollars of credit default swap OTC derivatives guaranteeing that garbage against failure. If euro debt fails, the Western financial world implodes, so it will not now.

    The Fed’s European “Rescue”: Another back-door US Bank / Goldman bailout? 
    by Nomi Prins, 
    In the wake of chopping its Central Bank swap rates today, the Fed has been called a bunch of names: a hero for slugging the big bailout bat in the ninth inning, and a villain for printing money to help Europe at the expense of the US. Neither depiction is right.

    The Fed is merely continuing its unfettered brand of bailout-economics, promoted with heightened intensity recently by President Obama and Treasury Secretary, Tim Geithner in the wake of Germany not playing bailout-ball.
    Similarly, today’s move was also about protecting US banks from losses – self inflicted by dangerous derivatives-chain trades, again with each other, and with European banks.
    Rating agency, Moody’s  announced it was looking at possibly downgrading 87 European banks. Still the Fed waited with open lines. And then, S&P downgraded the US banks again, including Goldman ,making their own financing costs more expensive and the funding of their seismic derivatives positions more tenuous. The Fed found the right moment. Bingo.

    Now, consider this: the top four US banks (JPM Chase, Citibank, Bank of America and Goldman Sachs) control nearly 95% of the US derivatives market, which has grown by 20% since last year to  $235 trillion. That figure is a third of all global derivatives of $707 trillion (up from $601 trillion in December, 2010 and $583 trillion mid-year 2010. )

    Breaking that down:  JPM Chase holds 11% of the world’s derivative exposure, Citibank, Bank of America, and Goldman comprise about 7% each. But, Goldman has something the others don’t – a lot fewer assets beneath its derivatives stockpile. It has 537 times as many (from 440 times last year) derivatives as assets. Think of a 537 story skyscraper on a one story see-saw. Goldman has $88 billon in assets, and $48 trillion in notional derivatives exposure. This is by FAR the highest ratio of derivatives to assets of any so-called bank backed by a government. The next highest ratio belongs to Citibank with $1.2 trillion in assets and $56 trillion in derivative exposure, or 46 to 1. JPM Chase’s ratio is 44 to 1. Bank of America’s ratio is 36 to 1.

    Separately Goldman happened to have lost a lot of money in Foreign Exchange derivative positions last quarter. (See Table 7.) Goldman’s loss was about equal to the total gains of the other banks, indicative of some very contrarian trade going on. In addition, Goldman has the most credit risk with respect to the capital  it holds, by a factor of 3 or 4 to 1 relative to the other big banks. So did the Fed’s timing have something to do with its star bank? We don’t really know for sure.

    Sadly, until there’s another FED audit, or FOIA request, we’re not going to know which banks are the beneficiaries of the Fed’s most recent international largesse either, nor will we know what their specific exposures are to each other, or to various European banks, or which trades are going super-badly.

    But we do know from the US bailouts in phase one of the global meltdown, that providing ‘liquidity’ or ‘greasing the wheels of ‘ banks in times of ‘emergency’ does absolute nothing for the Main Street Economy. Not in the US. And not in Europe. It also doesn’t fix anything, it just funds bad trades with impunity.

    Nomi Prins article first appeared on her blog.


December 2, 2011 Posted by | Economics | , , , , , , , , , , , , , | 1 Comment

War on Drugs is a Hoax: US Admits To Guarding, Assisting Lucrative Afghan Opium Trade!

Marines Bypass Taliban Opium Fields in Afghanistan

  • Afghanistan produces 90+% of the opium in the world. The Taliban practically eradicated the opium crop by 2001. What they didn’t understand was that the drug trade is controlled by western Illuminist intelligence agencies on behalf of the 13 Satanic bloodlines. Since the western invasion of Afghanistan, opium production has skyrocketed !

    War on drugs is a hoax: US admits to guarding, assisting lucrative Afghan opium trade 
    by Ethan Huff, 
    Afghanistan is, by far, the largest grower and exporter of opium in the world today, cultivating a 92 percent market share of the global opium trade. But what may shock many is the fact that the US military has been specifically tasked with guarding Afghan poppy fields, from which opium is derived, in order to protect this multibillion dollar industry that enriches Wall Street, the CIA, MI6, and various other groups that profit big time from this illicit drug trade scheme.

    Prior to the tragic events of September 11, 2001, Afghanistan was hardly even a world player in growing poppy, which is used to produce both illegal heroin and pharmaceutical-grade morphine. In fact, the Taliban had been actively destroying poppy fields as part of an effort to rid the country of this harmful plant, as was reported by the Pittsburgh Post-Gazette on February 16, 2001, in a piece entitled, Nation’s opium production virtually wiped out (…).

    But after 9/11, the US military-industrial complex quickly invaded Afghanistan and began facilitating the reinstatement of the country’s poppy industry. According to the United Nations Drug Control Program (UNDCP), opium cultivation increased by 657 percent in 2002 after the US military invaded the country under the direction of then-President George W. Bush (…).

    CIA responsible for reinstating opium industry in Afghanistan after 9/11
    More recently, The New York Times (NYT) reported that the brother of current Afghan President Hamid Karzai had actually been on the payroll of the CIA for at least eight years prior to this information going public in 2009. Ahmed Wali Karzai was a crucial player in reinstating the country’s opium drug trade, known as Golden Crescent, and the CIA had been financing the endeavor behind the scenes (…).

    “The Golden Crescent drug trade, launched by the CIA in the early 1980s, continues to be protected by US intelligence, in liaison with NATO occupation forces and the British military,” wrote Prof. Michel Chossudovsky in a 2007 report, before it was revealed that Ahmed Wali Karzai was on the CIA payroll. “The proceeds of this lucrative multibillion dollar contraband are deposited in Western banks. Almost the totality of revenues accrue to corporate interests and criminal syndicates outside Afghanistan” (…).

    But the mainstream media has been peddling a different story to the American public. FOX News, for instance, aired a propaganda piece back in 2010 claiming that military personnel are having to protect the Afghan poppy fields, rather than destroy them, in order to keep the locals happy and to avoid a potential “security risk” — and FOX News reporter Geraldo Rivera can be heard blatantly lying about poppy farmers being financially supported by the Taliban, rather than the CIA and other foreign interests.

    You can watch that clip here:…
    So while tens of thousands of Americans continue to be harmed or killed every year by overdoses from drugs originating from this illicit opium trade, and while cultivation of innocuous crops like marijuana and hemp remains illegal in the US, the American military is actively guarding the very poppy fields in Afghanistan that fuel the global drug trade. Something is terribly wrong with this picture.

    This article originally appeared at Natural News.
    Sources for this article include:…

U.S. soldiers inspect a cache of opium that was seized at a border police station on the outskirts of Herat, 23 October 2007. Afghan border police in the western Afghan city have seized 644 kilograms of opium. Afghanistan accounts for over 93 percent of the world's supply of opium, the main ingredient in heroin, a lucrative trade whose proceeds in part fund some of the Taliban-led insurgency. AFP PHOTO/STR (Photo credit should read STR/AFP/Getty Images). Source:

Graph from the UN World Drug Report 2008 shows the astonishing increase in Afghan opium production that followed the US invasion.


December 2, 2011 Posted by | Economics, GeoPolitics | , , , , , , , , | 1 Comment

Vicious Circle of Crisis: ‘EU Deformed at Birth’!

  • YouTube:
    Greece has ground to a halt, as public service employees walk out over new pay cuts, job suspensions and an emergency property tax. The strike is the first major test for the new technocrat leadership in Athens, which secured the next EU bailout tranche by pledging to go forward with austerity. On Wednesday the EU monetary affairs chief warned the Eurozone has just 10 days to stabilise the single currency and stem the crisis. Next week EU leaders are set to try and hammer out fresh solutions. Financial analyst Johan van Overtveldt says tighter economic governance is needed, but countries’ sovereignty could be sacrificed in the process.


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Bailout Bombers: Italy’s Billion-Euro F-35 ‘Suicide Mission’!

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US Poker, Iran Chess: Lies vs Strategy!

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Pakistan Takes a Stand Against US Military Aircraft !

  • YouTube:
    The relations between the US and Pakistan gets rockier and rockier. NATO forces have killed 24 Pakistani soldiers in a drone strike and now Pakistan has said enough is enough. In retaliation to the disastrous killing, Pakistan is kicking US military aircraft out of the country. Will Pakistan cut ties with the US? Marina Portnaya reports.


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US Military Responsible for Dasht-e-Leili Massacre?

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Paul Craig Roberts: We have a Republican Party That is a Gestapo Party!

  • YouTube:
    There is a bill in the Senate that is attempting to keep torture alive as an interrogation technique. The National Defense Authorization Act is being debated in Congress and if passed, American citizens could be detained without a court hearing anywhere in the world. President Obama stated he will veto the bill if it should pass. Is Senate Bill 1867 threatening the US constitution? Paul Craig Roberts, former Reagan administration official and columnist, gives us his take on the proposed bill.


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