ITWASSOOTED: ..delivered into the hands of central bankers and their prostituted politicians..

Saturday, February 17, 2007

..delivered into the hands of central bankers and their prostituted politicians..

Jacques Rueff, de Gaulle's former economic advisor, Nixon instead followed the strategy of his own advisors, including budget advisor George Schultz, Treasury's Paul Volcker, and National Security Advisor Henry Kissinger. Their advice was to stay the course, which he did until the gold outflow became so alarming that, on August 15, 1971, he followed the new advice which they then offered him, which was to terminate the redeemability of foreign dollars into gold. This was the ultimate goal of Edmond de Rothschild, Sir Siegmund Warburg, and the other owners of the London merchant banks, who were, in fact, the real architects of the American policy. All ties of world currencies to a metallic base were thereby broken, and the fate of such currencies delivered into the hands of central bankers and their prostituted politicians.
After 1971, a White House policy was initiated, under the effective control of Henry Kissinger, to control the economies of the nations and to reduce their populations, rather than to facilitate technology transfer and industrial growth. The strategy was to force the price of the cartelized world oil up by about a factor of four, recover the Arab oil receipts back into the British and American central banks, and lend them to the Third World to acquire control over those countries.
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