The Council on Foreign Relations is the Deep State/Formed the UN, The Tri Lateral Commission, and other agencies

The word “Establishment” is a general term for the power elite in international finance, business, the professions and government, largely from the northeast, who wield most of the power regardless of who is in the White House. Most people are unaware of the existence of this “legitimate Mafia.” Yet the power of the Establishment makes itself felt from the professor who seeks a foundation grant, to the candidate for a cabinet post or State Department job. It affects the nation’s policies in almost every area.

Roosevelt added that this group’s goal is “a One World Socialist state governed by ‘experts’ like themselves.”

David Rockefeller, the longtime chairman (and now chairman emeritus) of the CFR, acknowledged the role of the establishment in trying to lead America in the one-world direction in his 2002 book Memoirs:

For more than a century ideological extremists at either end of the political spectrum have seized upon well-publicized incidents such as my encounter with Castro to attack the Rockefeller family for the inordinate influence they claim we wield over American political and economic institutions. Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as “internationalists” and of conspiring with others around the world to build a more integrated global political and economic structure — one world, if you will. If that’s the charge, I stand guilty, and I am proud of it.

Two major means the establishment employs for controlling government policy:

(1) through its influence within the two major parties and the mass media, it can usually assure that both the Republican and Democratic presidential candidates will be its own hand-picked men;

(2) by stacking presidential cabinets with CFR members at key positions — especially those involving defense, finance, foreign policy, and national security — it can assure that America will move in the direction it wants.

Since the council’s founding in 1921, 21 secretaries of defense or war, 19 secretaries of the treasury, 17 secretaries of state, and 15 CIA directors have hailed from the Council on Foreign Relations.

Background

Prior to the CFR’s founding, what Congressman Charles Lindbergh, Sr. (the father of the famous aviator) called the “Money Trust” — a cabal of international bankers including the houses of Rockefeller, Morgan, and Rothschild — conspired to create the Federal Reserve System. Their agents, such as Paul Warburg and Benjamin Strong, who had secretly planned the Fed at a nine-day meeting on Jekyll Island, were then put in charge of the system itself. This gave them control of American interest rates, and, by virtue of this, control of the stock market, as well as the capacity to have the U.S. government spend without limit by having the Fed create money from nothing. The result has been decades of inflation and skyrocketing national debt. (For full details, see the April 13, 2009 New American or www.thenewamerican.com/history/american/946.)

Not just an accumulation of wealth, but a consolidation of political power was involved.

The Money Trust had backed Woodrow Wilson in the presidential elections, and then controlled him through their front man, Edward Mandell House, who lived in the White House. The trust recognized how the power of government could be used to advance their own interests.

Wilson, surrounded by the bankers, traveled to the Paris Peace Conference of 1919, which was settling the aftermath of World War I. His chief proposal there, of course, was the League of Nations — a first step toward world government. However, although the League was established by the Versailles Treaty, the United States did not join because the Senate refused to ratify the treaty.

In response to this rejection, the bankers’ circle, still in Paris, held a series of meetings and proposed to establish a new organization in the United States, whose purpose would be to lead America into the League. This organization was incorporated in New York City two years later as the Council on Foreign Relations.

Architects of a New World Order

The CFR’s goal was formation of an incrementally stronger world government. Admiral Chester Ward, former Judge Advocate of the U.S. Navy, was a CFR member for 16 years before resigning in disgust. He stated: “The main purpose of the Council on Foreign Relations is promoting the disarmament of U.S. sovereignty and national independence, and submergence into an all-powerful one-world government.”

After World War II, the League’s successor, the United Nations, was born. Contrary to what the public is commonly told, the UN was not founded by nations who had tired of war. The UN was conceived by a group of CFR members in the State Department calling themselves the Informal Agenda Group. They drafted the original proposal for the UN, and secured the approval of President Roosevelt, who then made establishing the UN his highest postwar priority. When the UN held its founding meeting in San Francisco in 1945, 47 of the American delegates were CFR members.

Though the UN was not initially set up as a world government, the intent was that it would develop into one over time. John Foster Dulles (CFR), an American delegate to the UN founding meeting who later became Secretary of State under Eisenhower, acknowledged as much in his book War or Peace: “The United Nations represents not a final stage in the development of world order, but only a primitive stage. Therefore its primary task is to create the conditions which will make possible a more highly developed organization.”

Two other postwar institutions, the World Bank and International Monetary Fund, were technically created at the 1944 Bretton Woods Conference. But the initial planning was done by the CFR’s Economic and Finance Group, part of their wartime War and Peace Studies Project. The World Bank and IMF act as a loan-guarantee scheme for multinational banks. When a loan to a foreign country goes awry, the World Bank and IMF step in with taxpayer money, ensuring that the private banks continue to receive interest payments. Furthermore, the World Bank and IMF dictate conditions to the countries receiving bailouts, thus giving the bankers a measure of political control over indebted nations.

Despite what Americans were told, the postwar Marshall Plan was not invented by General George Marshall, though he did announce it in a 1947 Harvard commencement speech. The Marshall Plan was dreamed up at a CFR study group with David Rockefeller as its secretary. Marshall was simply selected to announce the plan because, as a general, he would be perceived as politically neutral and help garner bipartisan congressional support for the plan. Unknown to the public, Marshall Plan funds were circuitously rerouted by John J. McCloy — appointed U.S. High Commissioner to Germany — to Jean Monnet, founder of the Common Market, which evolved into today’s European Union, a microcosm of world government. McCloy returned home to become chairman of the Council on Foreign Relations in 1953.

The tragic Vietnam War was run almost entirely by CFR members. William P. Bundy (CFR) drafted the Tonkin Gulf Resolution before the now-discredited Tonkin Gulf Incident even took place. Bundy’s father-in-law, Dean Acheson (CFR), as leader of a senior team of advisers nicknamed “the Wise Men,” persuaded Lyndon Baines Johnson to dramatically escalate the war beginning in 1965. And Secretary of Defense Robert McNamara (CFR) helped develop the “rules of engagement” (e.g., preventing the Air Force from attacking critical targets) that guaranteed the war’s disastrous prolongation. This generated a huge slide to the left among American college students.

When Bundy left the State Department, David Rockefeller appointed him editor of the CFR’s journal Foreign Affairs.

And McNamara, one of the leading architects of the Vietnam War debacle, became president of the World Bank.

Broadening the Scheme

The CFR is not a uniquely American phenomenon. It has counterpart organizations throughout the world — e.g., the Royal Institute of International Affairs in England, the French Institute of International Relations, etc.

To help coordinate policy on an international scale, CFR chairman David Rockefeller and Zbigniew Brzezinski founded the Trilateral Commission in 1973. “Trilateral” refers to the coordination of three global regions: North America, Europe, and Asia. The commission’s meetings allow the gathering together of heads of state, banks, multinational corporations, and media.

Republican Senator Barry Goldwater called the commission “David Rockefeller’s newest cabal,” and said, “It is intended to be the vehicle for multinational consolidation of the commercial and banking interests by seizing control of the political government of the United States.” The commission, like the annual secretive meetings of the Bilderbergers and the notorious Bohemian Grove, enables the international power elite to privately assemble and plan our destiny.

Jimmy Carter was a member of the commission, hand-picked to be president after meeting with Brzezinski and Rockefeller at the latter’s Tarrytown, New York, estate. Carter filled his administration with CFR members and Trilateralists. Indeed, Brzezinski noted in his memoirs that “all the key foreign policy decision makers of the Carter Administration had previously served in the Trilateral Commission.”

Carter then embarked on a destructive course of foreign policy that included betraying the Shah of Iran, leading to the installment of Ayatollah Khomeini and the U.S. hostage crisis; betraying President Anastasio Somoza of Nicaragua, resulting in a Marxist dictatorship under the Sandinistas; and betraying Taiwan in order to recognize Communist China — a move previously set up by Richard Nixon’s overtures to China, dictated by his own CFR advisers.

Under Bill Clinton (a CFR member who selected 12 CFR members for his cabinet), the United States enacted NAFTA, an economic alliance with Mexico and Canada. This arrangement was created by the establishment, not by the American people, who did not suspect the game being played on them. Not only did NAFTA swamp us with cheap, job-destroying imports, but it was designed to be the foundation for a continental economic union leading to political union.

Robert Pastor (CFR), a key architect of North American integration, acknowledged in the January/February 2004 issue of Foreign Affairs: “NAFTA was merely the first draft of an economic constitution for North America.”

And Andrew Reding of the World Policy Institute said: “NAFTA will signal the formation, however tentatively, of a new political unit — North America. With economic integration will come political integration. By whatever name, this is an incipient form of international government. Following the lead of the Europeans, North Americans should begin considering formation of a continental parliament.” [Emphasis added.]

A similar stratagem had been used against the peoples of Europe — by first deceptively hooking them into an “economic” alliance called the Common Market, which then, requiring common laws to regulate trade, transformed via a series of steps into the European Union, the super-national government of Europe that is swallowing up national sovereignty.

Following the initial step enacted under Clinton, President George W. Bush, whose father was a CFR director, moved toward politicizing the NAFTA alliance. On March 23, 2005, he met Mexican President Vicente Fox and Canadian Prime Minister Paul Martin to launch the Security and Prosperity Partnership (SPP), the rudiments of a North American Union. CNN’s Lou Dobbs said of it: “President Bush signed a formal agreement that will end the United States as we know it.”

Furthermore, regional alliances such as the European Union and proposed North American Union are not ends, but only steppingstones to world government. As CFR/Trilateralist Zbigniew Brzezinski stated: “We cannot leap into world government in one quick step. The precondition for genuine globalization is progressive regionalization.”

In furtherance of this, on April 30, 2007, President Bush stood at the White House beside Angela Merkel, president of the European Council, and José Manuel Barroso, president of the European Commission, and announced the signing of a new agreement to “strengthen transatlantic economic integration.” It called for “joint work in the areas of regulatory cooperation, financial markets, trade and transport security, innovation and technological development, intellectual property rights, energy, investment, competition, services, and government procurement,” and various other steps toward economic integration. But as usual, “economic integration” is the predecessor of political integration. CFR members have dreamed of a political union between the United States and Europe since the 1950s, when the CFR-dominated Atlantic Union Committee promoted a merger they called “Atlantica.”

Enter Obama

Candidate Barack Obama revealed he would proceed with the Bush initiatives. In a speech in Berlin on July 24, 2008, he stated:

That is why the greatest danger of all is to allow new walls to divide us from one another. The walls between old allies on either side of the Atlantic cannot stand. The walls between the countries with the most and those with the least cannot stand. The walls between races and tribes; natives and immigrants; Christian and Muslim and Jew cannot stand. These now are the walls we must tear down.... Yes, there have been differences between America and Europe. No doubt, there will be differences in the future. But the burdens of global citizenship continue to bind us together.... In this new century, Americans and Europeans alike will be required to do more — not less. Partnership and cooperation among nations is not a choice; it is the one way, the only way, to protect our common security and advance our common humanity.

Obama had only been president for a little over two months when he traveled to Europe for a series of meetings with European leaders. He attended the G20 Summit, which ended with a tentative agreement to launch a new global financial system, using as the rationale for this major step toward global government the recent Fed- and government-spawned financial meltdown.

Henry Kissinger — foreign policy mouthpiece of the establishment for four decades — wrote an article for the January 12, 2009 issue of the International Herald Tribune entitled “The Chance for a New World Order.” He stated:

As the new U.S. administration prepares to take office amid grave financial and international crises, it may seem counterintuitive to argue that the very unsettled nature of the international system generates a unique opportunity for creative diplomacy....

Even the most affluent countries will confront shrinking resources. Each will have to redefine its national priorities. An international order will emerge if a system of compatible priorities comes into being. The alternative to a new international order is chaos.

Kissinger also stated on CNBC’s “Squawk on the Street”: “The president-elect is coming into office at a moment when there is upheaval in many parts of the world simultaneously.... His task will be to develop an overall strategy for America in this period when, really, a new world order can be created. It’s a great opportunity, it isn’t just a crisis.”

Past statements reveal that the establishment wants a single currency for the world, just as the EU has consolidated its currencies into the “euro.” As far back as the 1944 Bretton Woods Conference, John Maynard Keynes proposed a world currency he dubbed bancor.

Richard L. Gardner (CFR) wrote in the Fall 1984 Foreign Affairs: “I suggest a radical alternative scheme for the next century: the creation of common currency for all the industrial democracies and a joint Bank of Issue to determine that Monetary Policy.”

In March of this year, Obama and British Prime Minister Gordon Brown met with reporters at the White House. Brown announced that “there is the possibility in the next few months of a global new deal that will involve all the countries of the world in sorting out and cleaning up the banking system.” Obama added that

Globalization can be an enormous force for good.... But what is also true is … we still have a 1930s regulatory system in place in most countries designed from the last great crisis, that we’ve got to update our institutions, our regulatory frameworks, so that the power of globalization is channeled for the benefit of ordinary men and women.

If trends continue, however, the changes can be expected to benefit a tiny handful of the global elite, not “ordinary men and women.” Further evidence that Obama’s administration will simply continue the globalist agenda is indicated by his appointments.

CFR Domination Continues

During his campaign, Obama selected the ubiquitous Zbigniew Brzezinski (CFR), promoter of the “regional” approach to world government, as one of his top foreign policy advisors. Obama called Brzezinski “one of our more outstanding thinkers” and “somebody I have learned an immense amount from.” Presumably Brzezinski’s teachings included the world government he advocates.

For Treasury Secretary, Obama chose Timothy Geithner: Senior Fellow in International Economics at the CFR, Bilderberger, former head of the New York Federal Reserve, and former employee of both the IMF and Kissinger Associates. One doesn’t get more establishment than that! It is Geithner who is managing the bailout of Wall Street with taxpayer dollars. Assisting Geithner at Treasury in overseeing the auto industry bailout is fellow CFR member Stephen Rattner.

For Director of the National Economic Council — a U.S. government agency created by a Bill Clinton executive order — Obama selected Lawrence Summers (CFR, Bilderberger). Former Chief Economist at the World Bank, his last position was at the investment firm of D. E. Shaw & Co, where he earned $5.2 million in one year while working one day per week.

Henry Kissinger had said Summers should “be given a White House post in which he was charged with shooting down or fixing bad ideas.”

For Defense Secretary, Obama elected to continue with Bush pick Robert Gates (CFR, Bilderberger). During the Carter administration, Gates served as a special assistant to Zbigniew Brzezinski. In 2004, he co-chaired a CFR Task Force on Iran with Brzezinski, who lauded Gates in Time in 2008. Joining Gates in the Defense Department are fellow CFR members Michele Flournoy (Under Secretary of Defense for Policy), Jeh C. Johnson (Defense Department General Counsel), and Kathleen Hicks (Deputy Under Secretary of Defense for Strategy, Plans and Forces).

For Secretary of State, Obama chose Hillary Clinton, who has attended the top-secret Bilderberger meetings. Hillary is not a CFR member, but husband Bill is, and her State Department is laden with CFR members, including James B. Steinberg (Deputy Secretary of State), William J. Burns (Under Secretary for Political Affairs), Susan Rice (U.S. Ambassador to the UN), Jacob J. Lew (Deputy Secretary of State for Management and Resources), Todd Stern (Special Envoy for Climate Change), and many others.

The Department of Homeland Security, which many Americans fear may turn our country into an Orwellian surveillance society, was conceived before 9/11 by a task force called the U.S. Commission on National Security, nine of whose 12 members belonged to the CFR. The administration of the department under Obama is particularly heavy with CFR members, including Janet Napolitano (Secretary), Jane Holl Lute (Deputy Secretary), Juliette Kayyem (Assistant Secretary, Office of Intergovernmental Programs), and Alan Bersin (Assistant Secretary, Office of International Affairs).

Thus the CFR continues to dominate our government’s key areas: finance, defense, foreign policy, and security. To this may be added various other Obama CFR appointees, such as Mona Sutphen (White House Deputy Chief of Staff), Paul Volcker (Chairman, Economic Recovery Advisory Board), Peter Cowhey, (Senior Counsel, Office of U.S. Trade Representative), and Eric Shinseki (Secretary of Veterans Affairs). [...] continued - http://www.thenewamerican.com/index.php/usnews/foreign-policy/1462

Many working at Goldman Sachs, Fannie and Freddie, Blackstone,

Comments

Autumn Cote Added Jul 13, 2017 - 11:58am
Please note, it's against the rules to submit articles to this site unless you comment on the work of others.  So long as you follow the rules, many thanks for your participation with Writer Beat!
Dino Manalis Added Jul 13, 2017 - 1:56pm
I respect the Council on Foreign Relations, Richard Haas should have been Secretary of State!
Autumn Cote Added Jul 13, 2017 - 1:59pm
I noticed you wrote a comment...thank you.  One more piece of advice, this article would be a lot easier to read if you added some white space between paragraphs.  
Paul Robbins Added Jul 13, 2017 - 3:04pm
Autumn Cote....Please be advised that there is a person with no articles published, (at least I do not see them), who comments quite a bit.  Who might that be?  Goes by the name Dino Manalis.
John G Added Jul 13, 2017 - 3:20pm
Quite why you think that this is a socialist project is beyond me.
Katharine Otto Added Jul 13, 2017 - 3:54pm
Paul Robbins,
What you write confirms the facts I know and adds to them.  I believe there are lots of people who believe a top-down-ruled New World Order is desirable, and they want to be aligned with the topdog group.
 
However, since these people can't even get along with each other, I believe they are living in a fantasy world. The control-freaks are so disengaged from the masses who support their overhead that the foundations are crumbling.  They are being exposed (albeit slowly) for the frauds they are.  Rather than directly oppose the bullies and cons who have claimed positions of power, regular people are dropping out, giving up, working the black markets, going on the government dole, and using other passive aggressive and passive resistant means to undermine the false authority.
 
There already is an international currency, but it has been outlawed in the US as legal tender.  That is gold. The tactics used by the CFR tacticians, such as saddling government (businesses, and individuals) with debt; or fomenting conflict between individuals, groups, or nations, are wearing thin, I hope.  
 
For instance, the US government presumes to obligate unborn taxpayers to pay its debt (or at least interest on its debt), yet at any point, people can refuse to pay, and poof! goes the New World Order. As things stand, we are economic slaves to the government, but we deserve to be slaves as long as we're willing to put up with it.
 
 
George N Romey Added Jul 13, 2017 - 5:20pm
I wrote an article about the CFR on WB a few years back.  They are neither liberal nor conservative, they are pure evil.  The group is prime Deep State.  They care not about Republicans nor Democrats, they only care about their fellow billionaires.  When will people stop with these outdated labels of liberal and conservative.  Wake up.  Its elites and non elites, the former much smaller but definitely winning.
Paul Robbins Added Jul 13, 2017 - 5:56pm
They are pure evil is accurate.  Some belong to clubs (private) of total depravity. Left and right are meaningless terms as well ....4500 current members listed of the CFR; but their influence and propaganda has spread world wide.  They set up foreign countries as well.
Paul Robbins Added Jul 13, 2017 - 5:57pm
Autumn Cote:  Did you receive the message on Dino Manalis?
George N Romey Added Jul 13, 2017 - 6:02pm
I am hearing for good sources that some members of CFR are heavily involved in child molestation and abuse.  60 Minutes Australia had a piece on the high ranking British members involved in child pornography rings.
Paul Robbins Added Jul 13, 2017 - 6:02pm
Katharine Otto.  I know of  many that know the facts of what has taken place since 1900.  But the number is growing.  We are the true Patriots....about 25% are some estimates......The facts did not get out to many yet, but we are making progress.  The Deep State has controlled the media way too long....and they own it.
Paul Robbins Added Jul 13, 2017 - 6:05pm
Autumn Cote.  Can you help get this article out to other venues as well?
John G Added Jul 13, 2017 - 8:57pm
Otto. the US government presumes to obligate unborn taxpayers to pay its debt (or at least interest on its debt),
No it doesn't. That's just nonsense.
Katharine Otto Added Jul 13, 2017 - 10:10pm
John G,
You're right.  The government doesn't plan to pay its debt, ever.  It just wants taxpayers to pay interest on debt until after the sun burns out.  This is the New World Order in a nutshell (nuthouse?). And while you believe in government spending, I don't see that government spending has done anything except create more expensive problems.  
John G Added Jul 13, 2017 - 10:33pm
Tax payers don't pay interest on government debt. Quite the opposite.
The government pays the private sector interest on the government liabilities that the private sector owns (savings).
You are diametrically opposite the reality.
Government 'debts' are private sector savings and the interest is private sector income.
John G Added Jul 13, 2017 - 10:34pm
And gold is NOT money.
John G Added Jul 13, 2017 - 10:37pm
And while you believe in government spending, I don't see that government spending has done anything except create more expensive problems.  
Well unless you want to return to prehistory or try to set up a barter system somewhere then you'd better get used to the fact that in a state currency system if the government doesn't spend, you'd have no money.
You clearly don't understand the system.
Katharine Otto Added Jul 14, 2017 - 11:58am
John G,
You've said before that I don't understand the system, but if you are right, why do we pay taxes?  You seem to assume the government is like a god that can create money out of nothing.  And if the dollar should collapse, it would eliminate income inequality, but individuals still have to eat.  
John G Added Jul 14, 2017 - 5:57pm
Taxation serves several purposes in a state currency system.
It establishes universal demand for the currency. If everyone needs government tokens to settle their tax bill, it will be universally accepted.
It removes excess funds from the private sector and thus excess demand. Without taxation inflation would be constant and rampant.
It is used to discourage harmful behaviour, practices, goods etc,
You seem to assume the government is like a god that can create money out of nothing.
The currency issuer creates money (by definition) out of thin air by marking up balances in private sector bank accounts via computer keystroke.
Banks create money much the same way when they make loans but they cannot create government money aka reserves.
Paul Robbins Added Jul 14, 2017 - 7:14pm
John G.  There are not excess funds in the private sector....??? Where on earth did you get that from???  And then you go on with utter economic falsehoods....It is private sector money.  The public sector only has money that is demanded from the private sector..  Govt does not and cannot produce wealth.  It can only shrink wealth,,,,  private wealth.  Govt can be an enemy of freedom when it is socialist and that always (always) leads to communism.  The individual is the focus of freedom not govt....
John G Added Jul 14, 2017 - 7:22pm
The government is the monopoly issuer of US, Robbins. That's what is known in the business as an irrefutable fact.
The private sector cannot create government $.
Idiot.
Donald Swenson Added Jul 14, 2017 - 10:47pm
target="_blank">https://youtu.be/23DNe0cJhcU
This is one of the best videos on the history of our money and how our corrupt Fed operates. Paul: You have done a great job in spelling out the history of our government and the CFR. I would agree that the CFR is part of the Deep State system which controls our system (and not for the people). The best thing that can happen is for our economy to crash so people wake-up to all the corruption. Economics is key to survival and when the crash comes, people will desire knowledge and understanding. Right now, people mostly want drinks and more parties. D
Paul Robbins Added Jul 14, 2017 - 10:56pm
Hey Donald .....Finally another person who has some knowledge of what is going on....
Donald Swenson Added Jul 14, 2017 - 11:00pm
Yes, Paul, I have done some homework on all these Deep State people. Your history was excellent and I read the entire summary. Where did you get the energy to gather all these details? Are you a teacher? D
Paul Robbins Added Jul 14, 2017 - 11:02pm
John G.....I never said the private sector creates govt $.  I said the Govt demands private sector dollars and your dollars thru taxation.  Only the private sector creates wealth.....not govt....got it?  Govt has no money....only what it raises thru taxes.....by taxing almost everything that moves and still borrows money....every day at times.  Govt is now broke...  as is evident in our National Debt....Spending has been out of control for many years.........
Paul Robbins Added Jul 14, 2017 - 11:03pm
John G.....I never said the private sector creates govt $.  I said the Govt demands private sector dollars and your dollars thru taxation.  Only the private sector creates wealth.....not govt....got it?  Govt has no money....only what it raises thru taxes.....by taxing almost everything that moves and still borrows money....every day at times.  Govt is now broke...  as is evident in our National Debt....Spending has been out of control for many years.........
Donald Swenson Added Jul 14, 2017 - 11:06pm
Yes, government only spends. It creates no real wealth on its own. The Ponzi money system, however, is within their control. This gives them power to enslave all us workers. A good website that reveals the corruptions within government is: www.usdebtclock.org. All this debt has been accumulated as a result of a corrupt central bank system. This started in 1913 and my hope is that it will end during my lifetime. D
George N Romey Added Jul 14, 2017 - 11:39pm
The scary things is if the Fed can't paper over the next collapse it turns to the IMF in the form of SDRs, or effective world money, to prop up the illegal banking system.  
John G Added Jul 15, 2017 - 12:14am
Robbins, taxes can only be paid with government $.
You have no clue of what you;'re talking about.
Banks create bank credit. Only the government creates $. 
John G Added Jul 15, 2017 - 12:17am
Oh FFS. SDRs?
Why would the US government borrow SDRs to swap for $US that it creates by fiat at no cost?
This is insanity.
Romey, you don't have a clue.
John G Added Jul 15, 2017 - 12:28am
It's amusing that Swenson claims to be against the corrupt Wall St cartel but keeps linking to the corrupt Wall St don Pete Peterson and the US Chamber of Commerce.
Standing up for the poor billionaires eh Don?
Donald Swenson Added Jul 15, 2017 - 1:18am
My links, John, are for enlightenment...not representations of what I believe. target="_blank">https://youtu.be/23DNe0cJhcU
John G Added Jul 15, 2017 - 1:21am
Yeah the enlightenment peddled by billionaires trying to steal people's social security.
You're a fraud.
Autumn Cote Added Jul 15, 2017 - 1:53am
Please note, it's against the rules to post articles to this site unless you comment on the work of others more frequently than you currently do.  It's also against the rules to post more than one article within a 48-hour period.  So long as you follow the rules (starting now), many thanks for your participation with Writer Beat.
Paul Robbins Added Jul 15, 2017 - 7:42am
John G.  Govt $ is not wealth...$ and wealth are not the same......Govt $ is known as fiat currency...A dollar in 1900, is equivalent of 30 or more today.... thanks to the FED creating a fiat currency...if we keep borrowing, interest on our debt will increase, and there will be runaway inflation as you see in socialists states....$ then will be worthless.....and we are on that track....
John G Added Jul 18, 2017 - 2:14am
Explain Japan to us then, moron.
Saint George Added Jul 18, 2017 - 7:22pm
Explain Japan to us then
 
No problem. But first explain Zimbabwe to us.
Paul Robbins Added Jul 19, 2017 - 8:47am
John G  Have you taken any action on the question posed by Saint George?
Paul Robbins Added Jul 19, 2017 - 9:00am
John G.
As of now with our debt, the only thing on our side is that the reserve currency is the $.  But even with that we are still a debtor Nation.  And that in itself is one of the issues.  How long will FED tinker with the interest rates?  Ron Paul whom I sure you know, has written much on this subject but those in the banking business and the controllers ,(Globalists), of the FED literally scoff at him, as they see him as threat to the Establishment ,(Globalists), Pocketbooks!