Economic Assault on
THE POWER ELITE'S USE OF WAR AND DEBT
Dennis L. Cuddy, Ph.D.
Several hundred years ago, the Bank of England was established by money from the Bank of Amsterdam and the Dutch power elite, who also brought William and Mary to power in England in 1689. Within 9 years, King William got the British Treasury in great debt to the Bank of England, following the power elite's principle of "get them in debt" to control them. This principle was used throughout the 18th and 19th centuries via costly wars to control entire nations which had imperialist ambitions.
Tremendous fortunes were built during this time by the power elite, primarily reflected in emerging oil cartels such as Standard Oil (Rockefellers) with Anglo-Iranian (worked with Rhodes/Milner Group) and Shell (Royal Dutch, William and Mary came to England from Holland). By the early 20th century, John D. Rockefeller had his agents in every hamlet of the U.S., and foundations (e.g., Rockefeller) were used to further the power elite's designs. Congressional Research director Norman Dodd said that minutes from a Carnegie Endowment meeting revealed the attitude that war would be a primary vehicle for accomplishing their goals.
Both Presidents Woodrow Wilson and FDR have spoken and written about these powerful people who literally own our government. This power elite has had its operatives in key positions, and a young Druid, Winston Churchill, conducted a study of what the U.S. reaction would be if a passenger liner with Americans on board were to be sunk by a German submarine. Some years later, British Secretary of State Sir Edward Grey (close to the Rhodes/Milner Group) deliberately misled German Ambassador Lichnowsky to begin World War I. And Lord Esher (member of Cecil Rhodes' Circle of Initiates) plotted "to shed American blood as soon as possible" to get the U.S. into the war.
Why a war with Germany? This was done to weaken Germany militarily and economically as a threat to the power elite's plans, including access to Middle East oil. After the war, Sir Percy Cox (Rhodes/Milner Group) carved up the Middle East into various nations, establishing Kuwait as a block to Iraq's access to the sea, thus controlling oil routes. The First World War was also fought to get nations in debt and to bring about the power elite's League of Nations as a world government.
When the League wasn't successful, a second world war was needed, so the power elite built up Germany again as well as imperialist Japan, even selling the latter scrap metal with which to build warships. Nazi officers were on many Standard Oil tankers to be sure they weren't sunk. And the German General Staff developed a secret plan to bring about the power elite's control beginning in the 1990s (see Chapter 9 of Sumner Welles' THE TIME FOR DECISION, 1944). Prime Minister Churchill (who had a "secret circle") and FDR knew about the Japanese attack on Pearl Harbor in advance (see Skull & Bones member Henry Stimson's diary about FDR maneuvering Japan into firing the first shot). The Second World War also allowed the permanent stationing of U.S. forces in Germany and Japan.
After World War II, the power elite finally fulfilled the promise of the Balfour Declaration to the Jews, and the nation of Israel was established in 1948. This was not due to any particular affinity for the Jewish people, but rather to have a militarily strong but economically dependent (and therefore subject to coercion) country in the midst of Arab oil nations. An example of Israel being able to check Arab military efforts can be seen with the Israeli victory in their 1967 war. But the power elite's "management" of Israel can also be seen in the recent Israeli failure to crush Hezbollah, probably due to economic coercion (e.g., threats of no further loans or foreign investments).
The year after the founding of Israel, the power elite in 1949 facilitated the success of the Chinese Communists over Chinese Nationalists, who relocated largely to Taiwan, thus allowing the permanent presence of U.S. forces there. The permanent stationing of U.S. troops in South Korea near the north of China and the south of the USSR was facilitated by the deliberately "no win" Korean War in the early 1950s.
I have quoted many times Lincoln Bloomfield's 1962 study for the State Department, in which he indicated that if the Communist dynamic were greatly abated, the West might lose whatever incentive it has for world government. Thus, it was important to the power elite that the USSR and China be perceived as real threats so as to further the dialectical process that would synthesize Eastern Communism and Western Capitalism into a final World Socialist Government. Ford Foundation president H. Rowan Gaither in 1953 even told Norman Dodd (mentioned earlier) that they and others were under directives from the White House to so alter life in the U.S. as to make possible a comfortable merger with the Soviet Union.
Also in 1953, the independent elected Iranian leader, Mossadegh, was removed from office by the power elite (via the CIA and Allen Dulles) because he nationalized Iranian oil, which greatly displeased the oil cartel mentioned earlier. The year after Mossadegh was ousted, the Dutch (remember Royal Dutch Shell mentioned earlier) hosted the first Bilderberg meeting where, according to William Jasper in GLOBAL TYRANNY...STEP BY STEP, "the international ruling elite meet to scheme and palaver."
War was used by the power elite again in the 1960s and 1970s with the Vietnam War serving more than one function. First, it served to distract from radical domestic changes the power elite wanted, as described in James Kunen's THE STRAWBERRY STATEMENT. In this book, he revealed ESSO (Rockefeller) money was used to try to "buy up a few radicals" to seem so extremely liberal, the populace would not notice the power elite's own move to the left (e.g., "ping pong diplomacy" opening up China to the West). Also, Vietnam was another deliberately "no win" war that "turned off" youth from patriotic nationalism as part of the power elite's created "generation gap." That this can be recognized as part of the power elite's plan is evident from Philip Freneau's July 1792 AMERICAN MUSEUM article, where he warns the young American Republic that getting people in debt and using military defeat (e.g., Vietnam War) were part of the elite's strategy to gain control of the U.S.
It was also toward the end of the Vietnam War that the power elite's agent, Henry Kissinger, revealed how they think about us common folk when he stated that soldiers are simply "dumb animals" to be used in the furtherance of an administration's foreign policy decisions. That the Vietnam War wasn't a "real war" seems clear from the fact that the U.S. continued financially to assist the USSR and China throughout the war, even though they were the 2 nations primarily responsible for North Vietnam's and the Viet Cong's ability to wage war against the U.S.
In the 1980s, the power elite turned its attention to the Persian Gulf causing a prolonged war between Iraq and Iran (both sides were assisted by the U.S.). Iraq won this war but accrued great debt as a result, and when the power elite denied Saddam Hussein loans to pay off the debt, he invaded Kuwait which he thought had given (not loaned) him the funds to conduct the war against Iran. In a repeat of Lord Grey's misleading Germany to begin World War I, American Ambassador to Iraq April Glaspie seems to have misled Saddam into thinking he would not be opposed if he invaded Kuwait. This was all done to "set up" Saddam, whom the power elite did not want to obtain undue influence over oil production in the Gulf region.
It was one thing to reduce Saddam's military strength in the first Gulf War, but it was quite another thing to persuade people to support an occupation of that nation. That would take a pretext or incident like 9/11, which Bush administration officials immediately tried to blame on Saddam. Remember that longtime Middle East CIA agent Robert Baer in SEE NO EVIL indicated that a high-ranking CIA officer said 9/11 would eventually be considered a "triumph" of the intelligence community, not a failure.
The prolonged chaos (now over 4 years) in Iraq has allowed U.S. troops to obtain a permanent military presence there in the region, which is what the power elite wanted all along. The removal of the Taliban from power in Afghanistan after the attacks of 9/11 also facilitated the permanent presence of U.S. military forces in the Caspian region, likewise part of the power elite's plan. According to famous author H. G. Wells in THE SHAPE OF THINGS TO COME (1933), there will be eventually a conference in Basra, Iraq, which will bring to fruition the power elite's ultimate goal of a World Socialist Government.
This goal has been pursued for many years using primarily wars and debt. For recent examples concerning debt accrued by means other than war, see John Perkins' AN ECONOMIC HIT MAN and Steve Hiatt's A GAME AS OLD AS EMPIRE. Examples include the Philippines being told to borrow great sums of money to improve its infrastructure so that factories will locate there, but then cheaper labor is found in other countries, so Filipinos are left holding the bag. Also, the International Monetary Fund (IMF) and World Bank funnel loans to nations where dictators pocket the money in their offshore accounts, and the people of that country are left to pay the debt and restructure their economies along the lines required by the IMF and World Bank
� 2007 Dennis Cuddy - All Rights Reserved
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Dennis Laurence Cuddy, historian and political analyst, received a Ph.D. from the University of North Carolina at Chapel Hill (major in American History, minor in political science). Dr. Cuddy has taught at the university level, has been a political and economic risk analyst for an international consulting firm, and has been a Senior Associate with the U.S. Department of Education.
Cuddy has also testified before members of Congress on behalf of the U.S. Department of Justice. Dr. Cuddy has authored or edited twenty books and booklets, and has written hundreds of articles appearing in newspapers around the nation, including The Washington Post, Los Angeles Times and USA Today. He has been a guest on numerous radio talk shows in various parts of the country, such as ABC Radio in New York City, and he has also been a guest on the national television programs USA Today and CBS's Nightwatch.
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Both Presidents Woodrow Wilson and FDR have spoken and written about these powerful people who literally own our government.