Banking conspiracy exposed by Lyndon LeRouche on the Alex Jones Show. This is must see video exposing the financial crisis. Find out who really controls Wall Street and how we can end this debacle.
The Banking Conspiracy Explained
The stock market crash of 1929 was the alleged cause of the Great Depression in the U.S. What is not so often remembered is that the duration of the Great Depression lasted for 12 years. (Wikpedia) Stocks fell by 89% leaving the Dow Jones index to swing up and down until it finally hit its lowest point three years later in 1932. (Wikipedia) The parallels with today's "Great Depression" are uncanny. We are repeating the exact same economic pattern today as in the Great Depression. Our crash was in 2008 with the Dow crashing again three years later, in August of 2011. A little known fact is that it took until 1954, twenty-five years later, for the Dow to recover to its previous 1929 level. In 1933 legislation was enacted to limit the involvement in commercial banking. The Glass Steagall act was repealed on November 12, 1999. The Congress, undaunted by the wisdom of the past, passed the Gramm-Leach-Bliley Act which deregulated banks, allowing them to participate more speculatively in a "secret stock market" which trades in derivatives. The bankers, federal reserve board members, regulatory agencies, media and the Congress all knew about and perhaps participated in this "good old boy" stock market. The average American citizen did not even know of the existence of the derivative market, let alone have the chance to participate in it. The banker's secret stock market was reported to be five times the size of the stock market. This should have been headline news - a 50 trillion dollar secret stock market. We the people, were told about the secret derivative market only when it had crashed. We the people, sat in shock and awe as our representatives passed a 1.4 trillion dollar bail out of selected banks. (Let me clarify - 750 billion was for the banks, under Bush. Then another 750 billion as a "stimulus" package under Obama.) The only part of the stimulus package that provided any benefit for the people of the United States was the "cash for clunkers" program. Please note that the cash for clunkers primarily benefited the automotive industry. The financial benefit to American citizens is secondary to our govenment leaders. This is clear as there was no bailout for the actual citizens who were losing their homes. How many homes could have been saved if the bail out money actually went to save homes from forclosure instead of giving it to the bankers to pay off their "gambling debts." To add insult to injury, these same irresponsible bankers gave bonuses to themselves and leaders of their institutions. These bankers were caught with their hands in the cookie jar and we just gave them 750 billion more cookies. It took twenty-five years to recover from the Great Depression. If we have learned from history, that history does repeat itself, the average american citizen can expect hard time for the next twenty-five years. The financial crisis is the biggest known conspiracy to date - does anyone care?
Some quotes compiled from http://georgewashington2.blogspot.com/2009/06/learning-from-history.html
“Whoever controls the volume of money in any 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.”
- President James Garfield (he was assassinated within 4 months). http://georgewashington2.blogspot.com/2009/06/learning-from-history.html
"I believe that banking institutions are more dangerous to our liberties than standing armies...The issuing power should be taken from the banks and restored to the Government, to whom it properly belongs."
- Thomas Jefferson
"There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt."
- John Adams
This video exposes the history of the "Power Elite's" plan to centralize banking since 1907. J.P . Morgan's involvement is exposed in the 1907 financial crisis which he created. The central bank is formed and the private Federal Reserve board is formed in a secret meeting of bankers. The U.S. then and now needs to pay interest just to print its own money. This creates a perpetual debt cycle which continues to enslave out nation.
Crop derivatives have not been talked about much. Here is a web link to a news article explaining them from 2009 http://www.cbn.com/CBNnews/344995.aspx This article is from CBN news and explains that since insurance wasn't covering farmer's losses in the event of a bad harvest, they started betting on crop performance as a way to "hedge" their bets in case of bad weather or drought. This explains why our food prices have skyrocketed in the past few years. The scary part of the derivative/banking conspiracy is that derivatives have not been outlawed. After the banking industry destroyed the housing industry, now they are targeting our food.