By Matthew Ehret for the Saker Blog
While the world’s attention is absorbed by tectonic shifts unfolding across America as “a perfect storm of civil war, and military coup threatens to undo both the elections and the very foundations of the republic itself, something very ominous has appeared “off of the radar” of most onlookers. This something is a financial collapse of the trans-Atlantic banks that threatens to unleash chaos upon the world. It is this collapse that underlies the desperate efforts being made by the neo-con drive for total war with Russia, China and other members of the growing Mutlipolar Alliance today.
In recent articles, I have mentioned that the Bank of England-led “solution” to this oncoming financial blowout of the $1.5 quadrillion derivatives bubble is being pushed under the cover of a “Great Global Reset” which is an ugly and desperate effort to use COVID-19 as a cover for the imposition of a new post-covid world order operating system. Since the new “rules” of this new system are very similar to the 1923 Bank of England “solution” to Germany’s economic chaos which eventually required a fascist governance mechanism to impose it onto the masses, I wish to take a deeper look at the causes and effects of Weimar Germany’s completely un-necessary collapse into hyperinflation and chaos during the period of 1919-1923.
In this essay, I will go further to examine how those same architects of hyperfinflation came close to establishing a global bankers’ dictatorship in 1933 and how that early attempt at a New World Order was fortunately derailed through a bold fight which has been written out of popular history books.
We will investigate in depth how a major war broke out within America led by anti-imperial patriots in opposition to the forces of Wall Street and London’s Deep State and we will examine how this clash of paradigms came to a head in 1943-1945.
This historical study is not being conducted for entertainment, nor should this be seen as a purely academic exercise, but is being created for the simple fact that the world is coming to a total systemic meltdown and unless certain suppressed facts of 20th century history are brought to light, then those forces who have destroyed our collective memory of what we once were will remain in the drivers seat as society is carried into a new age of fascism and world war.
Versailles and the Destruction of Germany
Britain had been the leading hand behind the orchestration of WWI and the destruction of the potential German-Russian-American-Ottoman alliance that had begun to take form by the late 19th century as foolish Kaiser Wilhelm discovered (though sadly too late) when he said: “the world will be engulfed in the most terrible of wars, the ultimate aim of which is the ruin of Germany. England, France and Russia have conspired for our annihilation… that is the naked truth of the situation which was slowly but surely created by Edward VII”.
Just as the British oligarchy managed the war, so too did they organize the reparations conference in France which, among other things, imposed impossible debt repayments upon a defeated Germany and created the League of Nations which was meant to become the instrument for a “post-nation state world order”. Lloyd George led the British delegation alongside his assistant Philip Kerr (Lord Lothian), Leo Amery, Lord Robert Cecil and Lord John Maynard Keynes who have a long term agenda to bring about a global dictatorship. All of these figures were members of the newly emerging Round Table Movement, that had taken full control of Britain by ousting Asquith in 1916, and which is at the heart of today’s “deep state”.
After the 1918 Armistice dismantled Germany’s army and navy, the once powerful nation was now forced to pay the impossible sum of 132 billion gold marks to the victors and had to give up territories representing 10% of its population (Alsace-Loraine, Ruhr, and North Silesia) which made up 15% of its arable land, 12% of its livestock, 74% of its iron ore, 63% of its zinc production, and 26% of its coal. Germany also had to give up 8000 locomotives, 225 000 railcars and all of its colonies. It was a field day of modern pillage.
Germany was left with very few options. Taxes were increased and imports were cut entirely while exports were increased. This policy (reminiscent of the IMF austerity techniques in use today) failed entirely as both fell 60%. Germany gave up half of its gold supply and still barely a dent was made in the debt payments. By June 1920 the decision was made to begin a new strategy: increase the printing press. Rather than the “miracle cure” which desperate monetarists foolishly believed it would be, this solution resulted in an asymptotic devaluation of the currency into hyperinflation. From June 1920 to October 1923 the money supply in circulation skyrocketed from 68.1 gold marks to 496.6 quintillion gold marks. In June 1922, 300 marks exchanged $1 US and in November 1923, it took 42 trillion marks to get $1 US! Images are still available of Germans pushing wheelbarrows of cash down the street, just to buy a stick of butter and bread (1Kg of Bread sold for $428 billion marks in 1923).
With the currency’s loss of value, industrial output fell by 50%, unemployment rose to over 30% and food intake collapsed by over half of pre-war levels. German director Fritz Lang’s 1922 film Dr. Mabuse (The Gambler) exposed the insanity of German population’s collapse into speculative insanity as those who had the means began betting against the German mark in order to protect themselves thus only helping to collapse the mark from within. This is very reminiscent of those Americans today short selling the US dollar rather than fighting for a systemic solution.
There was resistance.
The dark effects of Versailles were not unknown and Germany’s Nazi-stained destiny was anything but pre-determined. It is a provable fact often left out of history books that patriotic forces from Russia, America and Germany attempted courageously to change the tragic trajectory of hyperinflation and fascism which WOULD HAVE prevented the rise of Hitler and WWII had their efforts not been sabotaged.
From America itself, a new Presidential team under the leadership of William Harding quickly reversed the pro-League of Nations agenda of the rabidly anglophile President Woodrow Wilson. A leading US industrialist named Washington Baker Vanderclip who had led in the world’s largest trade agreement in history with Russia to the tune of $3 billion in 1920 had called Wilson “an autocrat at the inspiration of the British government.” Unlike Wilson, President Harding both supported the US-Russia trade deal and undermined the League of Nations by re-enforcing America’s sovereignty, declaring bi-lateral treaties with Russia, Hungary and Austria outside of the league’s control in 1921. The newly-formed British Roundtable Movement in America (set up as the Council on Foreign Relations) were not pleased.
Just as Harding was maneuvering to recognize the Soviet Union and establish an entente with Lenin, the great president ate some “bad oysters” and died on August 2, 1923. While no autopsy was ever conducted, his death brought a decade of Anglophile Wall Street control into America and ended all opposition to World Government from the Presidency. This period resulted in the speculation-driven bubble of the roaring 20s whose crash on black Friday in 1929 nearly unleashed a fascist hell in America.
The Russia-Germany Rapallo Treaty is De-Railed
After months of organizing, leading representatives of Russia and Germany agreed to an alternative solution to the Versailles Treaty which would have given new life to Germany’s patriots and established a powerful Russia-German friendship in Europe that would have upset other nefarious agendas.
Under the leadership of German Industrialist and Foreign Minster Walter Rathenau, and his counterpart Russian Foreign Minister Georgi Chicherin, the treaty was signed in Rapallo, Italy on April 16, 1922 premised upon the forgiveness of all war debts and a renouncement of all territorial claims from either side. The treaty said Russia and Germany would “co-operate in a spirit of mutual goodwill in meeting the economic needs of both countries.”
When Rathenau was assassinated by a terrorist cell called the Organization Consul on June 24, 1922 the success of the Rapallo Treaty lost its steam and the nation fell into a deeper wave of chaos and money printing. The Organization Consul had taken the lead in the murder of over 354 German political figures between 1919-1923, and when they were banned in 1922, the group merely changed its name and morphed into other German paramilitary groups (such as the Freikorps) becoming the military arm of the new National Socialist Party.
1923: City of London’s Solution is imposed
When the hyperinflationary blowout of Germany resulted in total un-governability of the state, a solution took the form of the Wall Street authored “Dawes Plan” which necessitated the use of a London-trained golem by the name of Hjalmar Schacht. First introduced as Currency Commissioner in November 1923 and soon President of the Reichsbank, Schacht’s first act was to visit Bank of England’s governor Montagu Norman in London who provided Schacht a blueprint for proceeding with Germany’s restructuring. Schacht returned to “solve” the crisis with the very same poison that caused it.
First announcing a new currency called the “rentenmark” set on a fixed value exchanging 1 trillion reichsmarks for 1 new rentenmark, Germans were robbed yet again. This new currency would operate under “new rules” never before seen in Germany’s history: Mass privatizations resulted in Anglo-American conglomerates purchasing state enterprises. IG Farben, Thyssen, Union Banking, Brown Brothers Harriman, Standard Oil, JP Morgan and Union Banking took control Germany’s finances, mining and industrial interests under the supervision of John Foster Dulles, Montagu Norman, Averill Harriman and other deep state actors. This was famously exposed in the 1961 film Judgement at Nuremburg by Stanley Kramer.
Schacht next cut credit to industries, raised taxes and imposed mass austerity on “useless spending”. 390 000 civil servants were fired, unions and collective bargaining was destroyed and wages were slashed by 15%.
As one can imagine, this destruction of life after the hell of Versailles was intolerable and civil unrest began to boil over in ways that even the powerful London-Wall Street bankers (and their mercenaries) couldn’t control. An enforcer was needed unhindered by the republic’s democratic institutions to force Schacht’s economics onto the people. An up-and-coming rabble rousing failed painter who had made waves in a Beerhall Putsch on November 8, 1923 was perfect.
One Last Attempt to Save Germany
Though Hitler grew in power over the coming decade of Schachtian economics, one last republican effort was made to prevent Germany from plunging into a fascist hell in the form of the November 1932 election victory of General Kurt von Schleicher as Chancellor of Germany. Schleicher had been a co-architect of Rapallo alongside Rathenau a decade earlier and was a strong proponent of the Friedrich List Society’s program of public works and internal improvements promoted by industrialist Wilhelm Lautenbach. The Nazi party’s public support collapsed and it found itself bankrupt. Hitler had fallen into depression and was even contemplating suicide when “a legal coup” was unleashed by the Anglo-American elite resulting in Wall Street funds pouring into Nazi coffers.
By January 30, 1933 Hitler gained Chancellorship where he quickly took dictatorial powers under the “state of emergency” caused by the burning of the Reichstag in March 1933. By 1934 the Night of the Long Knives saw General Schleicher and hundreds of other German patriots assassinated and it was only a few years until the City of London-Wall Street Frankenstein monster stormed across the world.
How the 1929 Crash was Manufactured
While everyone knows that the 1929 market crash unleashed four years of hell in America which quickly spread across Europe under the great depression, not many people have realized that this was not inevitable, but rather a controlled blowout.
The bubbles of the 1920s were unleashed with the early death of President William Harding in 1923 and grew under the careful guidance of JP Morgan’s President Coolidge and financier Andrew Mellon (Treasury Secretary) who de-regulated the banks, imposed austerity onto the country, and cooked up a scheme for Broker loans allowing speculators to borrow 90% on their stock. Wall Street was deregulated, investments into the real economy were halted during the 1920s and insanity became the norm. In 1925 broker loans totalled $1.5 billion and grew to $2.6 billion in 1926 and hit $5.7 billion by the end of 1927. By 1928, the stock market was overvalued fourfold!
When the bubble was sufficiently inflated, a moment was decided upon to coordinate a mass “calling in” of the broker loans. Predictably, no one could pay them resulting in a collapse of the markets. Those “in the know” cleaned up with JP Morgan’s “preferred clients”, and other financial behemoths selling before the crash and then buying up the physical assets of America for pennies on the dollar. One notable person who made his fortune in this manner was Prescott Bush of Brown Brothers Harriman, who went onto bailout a bankrupt Nazi party in 1932. These financiers had a tight allegiance with the City of London and coordinated their operations through the private central banking system of America’s Federal Reserve and Bank of International Settlements.
The Living Hell that was the Great Depression
Throughout the Great depression, the population was pushed to its limits making America highly susceptible to fascism as unemployment skyrocketed to 25%, industrial capacity collapsed by 70%, and agricultural prices collapsed far below the cost of production accelerating foreclosures and suicide. Life savings were lost as 4000 banks failed.
This despair was replicated across Europe and Canada with eugenics-loving fascists gaining popularity across the board. England saw the rise of Sir Oswald Mosley’s British Union of Fascists in 1932, English Canada had its own fascist solution with the Rhodes Scholar “Fabian Society” League of Social Reconstruction (which later took over the Liberal Party) calling for the “scientific management of society”. Time magazine had featured Il Duce over 6 times by 1932 and people were being told by that corporate fascism was the economic solution to all of America’s economic woes.
In the midst of the crisis, the City of London removed itself from the gold standard in 1931 which was a crippling blow to the USA, as it resulted in a flight of gold from America causing a deeper contraction of the money supply and thus inability to respond to the depression. British goods simultaneously swamped the USA crushing what little production was left.
It was in this atmosphere that one of the least understood battles unfolded in 1933.
1932: A Bankers’ Dictatorship is Attempted
In Germany, a surprise victory of Gen. Kurt Schleicher caused the defeat of the London-directed Nazi party in December 1932 threatening to break Germany free of Central Bank tyranny. A few weeks before Schleicher’s victory, Franklin Roosevelt won the presidency in America threatening to regulate the private banks and assert national sovereignty over finance.
Seeing their plans for global fascism slipping away, the City of London announced that a new global system controlled by Central Banks had to be created post haste. Their objective was to use the economic crisis as an excuse to remove from nation states any power over monetary policy, while enhancing the power of Independent Central Banks as enforcers of “balanced global budgets”. elaborate
In December 1932, an economic conference “to stabilize the world economy” was organized by the League of Nations under the guidance of the Bank of International Settlements (BIS) and Bank of England. The BIS was set up as “the Central Bank of Central Banks” in 1930 in order to facilitate WWI debt repayments and was a vital instrument for funding Nazi Germany- long after WWII began. The London Economic Conference brought together 64 nations of the world under a controlled environment chaired by the British Prime Minister and opened by the King himself.
A resolution passed by the Conference’s Monetary Committee stated:
“The conference considers it to be essential, in order to provide an international gold standard with the necessary mechanism for satisfactory working, that independent Central Banks, with requisite powers and freedom to carry out an appropriate currency and credit policy, should be created in such developed countries as have not at present an adequate central banking institution” and that “the conference wish to reaffirm the great utility of close and continuous cooperation between Central Banks. The Bank of International Settlements should play an increasingly important part not only by improving contact, but also as an instrument for common action.”
Echoing the Bank of England’s modern fixation with “mathematical equilibrium”, the resolutions stated that the new global gold standard controlled by central banks was needed “to maintain a fundamental equilibrium in the balance of payments” of countries. The idea was to deprive nation states of their power to generate and direct credit for their own development.
FDR Torpedoes the London Conference
Chancellor Schleicher’s resistance to a bankers’ dictatorship was resolved by a “soft coup” ousting the patriotic leader in favor of Adolph Hitler (under the control of a Bank of England toy named Hjalmar Schacht) in January 1933 with Schleicher assassinated the following year. In America, an assassination attempt on Roosevelt was thwarted on February 15, 1933 when a woman knocked the gun out of the hand of an anarchist-freemason in Miami resulting in the death of Chicago’s Mayor Cermak.
Without FDR’s dead body, the London conference met an insurmountable barrier, as FDR refused to permit any American cooperation. Roosevelt recognized the necessity for a new international system, but he also knew that it had to be organized by sovereign nation states subservient to the general welfare of the people and not central banks dedicated to the welfare of the oligarchy. Before any international changes could occur, nation states castrated from the effects of the depression had to first recover economically in order to stay above the power of the financiers.
By May 1933, the London Conference crumbled when FDR complained that the conference’s inability to address the real issues of the crisis is “a catastrophe amounting to a world tragedy” and that fixation with short term stability were “old fetishes of so-called international bankers”. FDR continued “The United States seeks the kind of dollar which a generation hence will have the same purchasing and debt paying power as the dollar value we hope to attain in the near future. That objective means more to the good of other nations than a fixed ratio for a month or two. Exchange rate fixing is not the true answer.”
The British drafted an official statement saying “the American statement on stabilization rendered it entirely useless to continue the conference.”
FDR’s War on Wall Street
The new president laid down the gauntlet in his inaugural speech on March 4th saying: “The money-changers have fled from their high seats in the temple of our civilization. We may now restore that temple to the ancient truths. The measure of the restoration lies in the extent to which we apply social values more noble than mere monetary profit”.
FDR declared a war on Wall Street on several levels, beginning with his support of the Pecorra Commission which sent thousands of bankers to prison, and exposed the criminal activities of the top tier of Wall Street’s power structure who manipulated the depression, buying political offices and pushing fascism. Ferdinand Pecorra who ran the commission called out the deep state when he said “this small group of highly placed financiers, controlling the very springs of economic activity, holds more real power than any similar group in the United States.”
Pecorra’s highly publicized success empowered FDR to impose sweeping regulation in the form of 1) Glass-Steagall bank separation, 2) bankruptcy re-organization and 3) the creation of the Security Exchange Commission to oversee Wall Street. Most importantly, FDR disempowered the London-controlled Federal Reserve by installing his own man as Chair (Industrialist Mariner Eccles) who forced it to obey national commands for the first time since 1913, while creating an “alternative” lending mechanism outside of Fed control called the Reconstruction Finance Corporation (RFC) which became the number one lender to infrastructure in America throughout the 1930s.
One of the most controversial policies for which FDR is demonized today was his abolishment of the gold standard. The gold standard itself constricted the money supply to a strict exchange of gold per paper dollar, thus preventing the construction of internal improvements needed to revive industrial capacity and put the millions of unemployed back to work for which no financial resources existed. It’s manipulation by international financiers made it a weapon of destruction rather than creation at this time. Since commodity prices had fallen lower than the costs of production, it was vital to increase the price of goods under a form of “controlled inflation” so that factories and farms could become solvent and unfortunately the gold standard held that back. FDR imposed protective tariffs to favor agro-industrial recovery on all fronts ending years of rapacious free trade.
FDR stated his political-economic philosophy in 1934: “the old fallacious notion of the bankers on the one side and the government on the other side, as being more or less equal and independent units, has passed away. Government by the necessity of things must be the leader, must be the judge, of the conflicting interests of all groups in the community, including bankers.”
The Real New Deal
Once liberated from the shackles of the central banks, FDR and his allies were able to start a genuine recovery by restoring confidence in banking. Within 31 days of his bank holiday, 75% of banks were operational and the FDIC was created to insure deposits. Four million people were given immediate work, and hundreds of libraries, schools and hospitals were built and staffed- All funded through the RFC. FDR’s first fireside chat was vital in rebuilding confidence in the government and banks, serving even today as a strong lesson in banking which central bankers don’t want you to learn about.
From 1933-1939, 45 000 infrastructure projects were built. The many “local” projects were governed, like China’s Belt and Road Initiative today, under a “grand design” which FDR termed the “Four Quarters” featuring zones of megaprojects such as the Tennessee Valley Authority area in the south east, the Columbia River Treaty zone on the northwest, the St Laurence Seaway zone on the North east, and Hoover Dam/Colorado zone on the Southwest. These projects were transformative in ways money could never measure as the Tennessee area’s literacy rose from 20% in 1932 to 80% in 1950, and racist backwater holes of the south became the bedrock for America’s aerospace industry due to the abundant and cheap hydropower. As I had already reported on the Saker, FDR was not a Keynesian (although it cannot be argued that hives of Rhodes Scholars and Fabians penetrating his administration certainly were).
Wall Street Sabotages the New Deal
Those who criticize the New Deal today ignore the fact that its failures have more to do with Wall Street sabotage than anything intrinsic to the program. For example, JP Morgan tool Lewis Douglass (U.S. Budget Director) forced the closure of the Civil Works Administration in 1934 resulting in the firing of all 4 million workers.
Wall Street did everything it could to choke the economy at every turn. In 1931, NY banks loans to the real economy amounted to $38.1 billion which dropped to only $20.3 billion by 1935. Where NY banks had 29% of their funds in US bonds and securities in 1929, this had risen to 58% which cut off the government from being able to issue productive credit to the real economy.
When, in 1937, FDR’s Treasury Secretary persuaded him to cancel public works to see if the economy “could stand on its own two feet”, Wall Street pulled credit out of the economy collapsing the Industrial production index from 110 to 85 erasing seven years’ worth of gain, while steel fell from 80% capacity back to depression levels of 19%. Two million jobs were lost and the Dow Jones lost 39% of its value. This was no different from kicking the crutches out from a patient in rehabilitation and it was not lost on anyone that those doing the kicking were openly supporting Fascism in Europe. Bush patriarch Prescott Bush, then representing Brown Brothers Harriman was found guilty for trading with the enemy in 1942!
Coup Attempt in America Thwarted
The bankers didn’t limit themselves to financial sabotage during this time, but also attempted a fascist military coup which was exposed by Maj. Gen. Smedley Butler in his congressional testimony of November 20, 1934. Butler had testified that the plan was begun in the Summer of 1933 and organized by Wall Street financiers who tried to use him as a puppet dictator leading 500 000 American Legion members to storm the White House. As Butler spoke, those same financiers had just set up an anti-New Deal organization called the American Liberty League which fought to keep America out of the war in defense of an Anglo-Nazi fascist global government which they wished to partner with.
The American Liberty league only changed tune when it became evident that Hitler had become a disobedient Frankenstein monster who wasn’t content in a subservient position to Britain’s idea of a New World Order. In response to the Liberty League’s agenda, FDR said “some speak of a New World Order, but it is not new and it is not order”.
FDR’s Anti-Colonial Post-War Vision
One of the greatest living testimonies to FDR’s anti-colonial vision is contained in a little known 1946 book authored by his son Elliot Roosevelt who, as his father’s confidante and aide, was privy to some of the most sensitive meetings his father participated in throughout the war. Seeing the collapse of the post-war vision upon FDR’s April 12, 1945 death and the emergence of a pro-Churchill presidency under Harry Truman, who lost no time in dropping nuclear bombs on a defeated Japan, ushering in a Soviet witch hunt at home and launching a Cold War abroad, Elliot authored ‘As He Saw It’ (1946) in order to create a living testimony to the potential that was lost upon his father’s passing.
As Elliot said of his motive to write his book:
“The decision to write this book was taken more recently and impelled by urgent events. Winston Churchill’s speech at Fulton, Missouri, had a hand in this decision,… the growing stockpile of American atom bombs is a compelling factor; all the signs of growing disunity among the leading nations of the world, all the broken promises, all the renascent power politics of greedy and desperate imperialism were my spurs in this undertaking… And I have seen the promises violated, and the conditions summarily and cynically disregarded, and the structure of peace disavowed… I am writing this, then, to you who agree with me that… the path he charted has been most grievously—and deliberately—forsaken.”
The Four Freedoms
Even before America had entered the war, the principles of international harmony which FDR enunciated in his January 6, 1941 Four Freedoms speech to the U.S. Congress served as the guiding light through every battle for the next 4.5 years. In this speech FDR said:
“In future days, which we seek to secure, we look forward to a world founded upon four essential human freedoms.
“The first is the freedom of speech and expression–everywhere in the world.
“The second is the freedom of every person to worship God in his own way–everywhere in the world.
“The third is the freedom from want–which, translated into world terms, means economic understandings which will secure to every nation a healthy peacetime life for its inhabitants–everywhere in the world.
“The fourth is freedom from fear–which, translated into world terms, means a worldwide reduction of armaments to such a point and in such a thorough fashion that no nation will be in a position to commit an act of physical aggression against any neighbor–anywhere in the world.
“That is no vision of a distant millennium. It is a definite basis for a kind of world attainable in our time and generation. That kind of world is the very antithesis of the so-called new order of tyranny which dictators seek to create with the crash of a bomb.
“To that new order, we oppose the greater conception–the moral order. A good society is able to face schemes of world domination and foreign revolutions alike without fear.
“Since the beginning of American history, we have been engaged in change–in a perpetual peaceful revolution–a revolution which goes on steadily, quietly, adjusting itself to changing conditions–without the concentration camp or the quicklime in the ditch. The world order which we seek is the cooperation of free countries, working together in a friendly, civilized society.
“This nation has placed its destiny in the hands and heads and hearts of millions of free men and women; and its faith in freedom under the guidance of God. Freedom means the supremacy of human rights everywhere. Our support goes to those who struggle to gain those rights or to keep them. Our strength is our unity of purpose.”
Upon hearing these Freedoms outlined, American painter Norman Rockwell was inspired to paint four masterpieces that were displayed across America and conveyed the beauty of FDR’s spirit to all citizens.
FDR’s patriotic Vice President (and the man who SHOULD have been president in 1948) Henry Wallace outlined FDR’s vision in a passionate video address to the people in 1942 which should also be watched by all world citizens today:
Churchill vs FDR: The Clash of Two Paradigms
Elliot’s account of the 1941-1945 clash of paradigms between his father and Churchill are invaluable both for their ability to shed light into the true noble constitutional character of America personified in the person of Roosevelt but also in demonstrating the beautiful potential of a world that SHOULD HAVE BEEN had certain unnatural events not intervened to derail the evolution of our species into an age of win-win cooperation, creative reason and harmony.
In As He Saw It, Elliot documents a conversation he had with his father at the beginning of America’s entry into WWII, who made his anti-colonial intentions clear as day saying:
“I’m talking about another war, Elliott. I’m talking about what will happen to our world, if after this war we allow millions of people to slide back into the same semi-slavery!
“Don’t think for a moment, Elliott, that Americans would be dying in the Pacific tonight, if it hadn’t been for the shortsighted greed of the French and the British and the Dutch. Shall we allow them to do it all, all over again? Your son will be about the right age, fifteen or twenty years from now.
“One sentence, Elliott. Then I’m going to kick you out of here. I’m tired. This is the sentence: When we’ve won the war, I will work with all my might and main to see to it that the United States is not wheedled into the position of accepting any plan that will further France’s imperialistic ambitions, or that will aid or abet the British Empire in its imperial ambitions.”
This clash came to a head during a major confrontation between FDR and Churchill during the January 24, 1943 Casablanca Conference in Morocco. At this event, Elliot documents how his father first confronted Churchill’s belief in the maintenance of the British Empire’s preferential trade agreements upon which it’s looting system was founded:
“Of course,” he [FDR] remarked, with a sly sort of assurance, “of course, after the war, one of the preconditions of any lasting peace will have to be the greatest possible freedom of trade.”
He paused. The P.M.’s head was lowered; he was watching Father steadily, from under one eyebrow.
“No artificial barriers,” Father pursued. “As few favored economic agreements as possible. Opportunities for expansion. Markets open for healthy competition.” His eye wandered innocently around the room.
Churchill shifted in his armchair. “The British Empire trade agreements” he began heavily, “are—”
Father broke in. “Yes. Those Empire trade agreements are a case in point. It’s because of them that the people of India and Africa, of all the colonial Near East and Far East, are still as backward as they are.”
Churchill’s neck reddened and he crouched forward. “Mr. President, England does not propose for a moment to lose its favored position among the British Dominions. The trade that has made England great shall continue, and under conditions prescribed by England’s ministers.”
“You see,” said Father slowly, “it is along in here somewhere that there is likely to be some disagreement between you, Winston, and me.
“I am firmly of the belief that if we are to arrive at a stable peace it must involve the development of backward countries. Backward peoples. How can this be done? It can’t be done, obviously, by eighteenth-century methods. Now—”
“Who’s talking eighteenth-century methods?”
“Whichever of your ministers recommends a policy which takes wealth in raw materials out of a colonial country, but which returns nothing to the people of that country in consideration. Twentieth-century methods involve bringing industry to these colonies. Twentieth-century methods include increasing the wealth of a people by increasing their standard of living, by educating them, by bringing them sanitation—by making sure that they get a return for the raw wealth of their community.”
Around the room, all of us were leaning forward attentively. Hopkins was grinning. Commander Thompson, Churchill’s aide, was looking glum and alarmed. The P.M. himself was beginning to look apoplectic.
“You mentioned India,” he growled.
“Yes. I can’t believe that we can fight a war against fascist slavery, and at the same time not work to free people all over the world from a backward colonial policy.”
“What about the Philippines?”
“I’m glad you mentioned them. They get their independence, you know, in 1946. And they’ve gotten modern sanitation, modern education; their rate of illiteracy has gone steadily down…”
“There can be no tampering with the Empire’s economic agreements.”
“They’re the foundation of our greatness.”
“The peace,” said Father firmly, “cannot include any continued despotism. The structure of the peace demands and will get equality of peoples. Equality of peoples involves the utmost freedom of competitive trade. Will anyone suggest that Germany’s attempt to dominate trade in central Europe was not a major contributing factor to war?”
It was an argument that could have no resolution between these two men…
The following day, Elliot describes how the conversation continued between the two men with Churchill stating:
“Mr. President,” he cried, “I believe you are trying to do away with the British Empire. Every idea you entertain about the structure of the postwar world demonstrates it. But in spite of that”—and his forefinger waved—”in spite of that, we know that you constitute our only hope. And”—his voice sank dramatically—”you know that we know it. You know that we know that without America, the Empire won’t stand.”
Churchill admitted, in that moment, that he knew the peace could only be won according to precepts which the United States of America would lay down. And in saying what he did, he was acknowledging that British colonial policy would be a dead duck, and British attempts to dominate world trade would be a dead duck, and British ambitions to play off the U.S.S.R. against the U.S.A. would be a dead duck. Or would have been, if Father had lived.”
This story was delivered in full during an August 15 lecture by the author:
FDR’s Post-War Vision Destroyed
While FDR’s struggle did change the course of history, his early death during the first months of his fourth term resulted in a fascist perversion of his post-war vision.
Rather than see the IMF, World Bank or UN used as instruments for the internationalization of the New Deal principles to promote long term, low interest loans for the industrial development of former colonies, FDR’s allies were ousted from power over his dead body, and they were recaptured by the same forces who attempted to steer the world towards a Central Banking Dictatorship in 1933.
The American Liberty League spawned into various “patriotic” anti-communist organizations which took power with the FBI and McCarthyism under the fog of the Cold War. This is the structure that Eisenhower warned about when he called out “the Military Industrial Complex” in 1960 and which John Kennedy did battle with during his 900 days as president.
This is the structure which is out to destroy President Donald Trump and undo the November elections under a military coup and Civil War out of fear that a new FDR impulse is beginning to be revived in America which may align with the 21st Century international New Deal emerging from China’s Belt and Road Initiative and Eurasian alliance. French Finance Minister Bruno LeMaire and Marc Carney have stated their fear that if the Green New Deal isn’t imposed by the west, then the New Silk Road and yuan will become the basis for the new world system.
The Bank of England-authored Green New Deal being pushed under the fog of COVID-19’s Great Green Global Reset which promise to impose draconian constraints on humanity’s carrying capacity in defense of saving nature from humanity have nothing to do with Franklin Roosevelt’s New Deal and they have less to do with the Bretton Woods conference of 1944. These are merely central bankers’ wet dreams for depopulation and fascism “with a democratic face” which their 1923 and 1933 efforts failed to achieve and can only be imposed if people remain blind to their own recent history.
Matthew Ehret is the Editor-in-Chief of the Canadian Patriot Review , a BRI Expert on Tactical talk, and has authored 3 volumes of ‘Untold History of Canada’ book series. In 2019 he co-founded the Montreal-based Rising Tide Foundation
Remarkably detailed information, spot on=the bankers.
Still trying to wade thru and digest;
Yes, a very interesting article, which explains much, but not everything. The question which need’s to be asked is who was FDR and how did he become President, ie. why was he permitted to become President. It should be taken into account that he was a 33 degree freemason, just like Truman. So, what really happened during the 1930’s ? The impression is that the US elite during that period was not united, being heterogeneous.
In 1917 Wall Street bankers finance the Russian “revolution”, when Lenin is brought to Russia from Switzerland, where he was living the high life, and when he was given 20 million dollars in gold to start an insurrection known as a “revolution”. The intent was to create a communist central government which would control Russian industry, raw materials and finances, and present them on a silver platter to Western bankers. The additional intent was the break up of Russia. The federal system was introduced, and artificial states like Ukraine were created within that system. These banker aspirations collapsed in 1924 when their puppet Lenin dies from syphilis and when Stalin assumes control, introducing industrialization.
The bankers then turn to Germany, when in 1925 an obscure character by the name of Adolf Hitler pops up. Before he is bestowed with power in 1933, the bankers in 1931 open the Bank of International Settlements in Basel, right next to the German border. It was this Bank which financed Hitler, his economic and banking “miracles”, as well as his upcoming war. As for Wall Street corporations, they of course invested in Germany, like Henry Ford, who built truck factories which provided the German Army with transport. Without Anglo-American involvement, there is no way that Hitler could have started World War Two. And what was the intention of Anglo-American bankers ? The break up and plundering of Russia, something that Stalin prevented, and something that in our age Putin also prevented.
And the US ? The bankers were obviously impressed what their puppet Adolf Hitler achieved, introducing dictatorship and at the same time placating the masses. They wanted the same thing in the US. This of course had to be prevented, as had the bankers succeeded with their planned fascist coup d’etat, then the game would have been up, as it would become obvious who was financing and controlling Hitler. I think that over this issue the US elite became divided. The group which backed FDR prevailed, as they wanted a covert modus operandi.
And FDR ? When did he join World War Two ? In December of 1941, when Stalin brought more than a million troops from Manchuria to Moscow, and when it became apparent that Hitler would be defeated, as he was. The Anglo-American elites feared that Russian troops would end up in Paris, as they did in 1814, when Napoleon was defeated. This, of course, had to be prevented. Also Hitler, the banker puppet, needed to be saved. His suicide in 1945 was more than suspicious, with historians “forgetting” to mention that his bunker had four escape tunnels (Hitler ostensibly commits suicide, while all of his staff manage to escape, with historians failing to explain how they did this. Did they, perhaps, use the four escape tunnels ?).
And what do we have today ? Unfortunately we have more of the same. What began in 1917 with the Russian revolution is still active. The Anglo-American bankers cannot forget their aim of breaking up and plundering Russia. Unfortunately for them, their little plan is taking too long. Their Praetorian Guard, NATO, is costing them billions. In 1971 Nixon takes the dollar off the gold standard, opening the way for mass printing and financial collapse, as mentioned in this article. On the other hand, Russia and it’s ally China have been stockpiling gold for years, preparing to introduce gold backed rubles and yuans, which of course needs to be prevented. The latest political machinations with Belarus and with Navalny in Russia are repeat performances of 1917, the West hoping for new insurrecions, ie. “revolutions”, where “democratic” leaders would be installed, little Guaidos. I think the West will see a financial crash first.
I had come to the conclusion that Nazism or Communism was our choice for the future in USA.
Your comment lends credence to this idea. Do you have other writings ? A blog ? Thank you for your teaching.
“This is the structure which is out to destroy President Donald Trump and undo the November elections under a military coup and Civil War out of fear that a new FDR impulse is beginning to be revived in America which may align with the 21st Century international New Deal emerging from China’s Belt and Road Initiative and Eurasian alliance.”
I was with you until that sentence. Trump is in no way the new Franklin Roosevelt. He was put into office by a cabal of Zionists and banksters, the very same “money changers” that Roosevelt railed about in the 1930s, the very same that Jesus threw out of the Temple. They never forgave him for that, to this very day.
With the likes of Sheldon Adelson throwing “thirty pieces of silver” at him in the last days of the 2016 election and pulling strings with the Kosher Nostra to get him elected, Trump reciprocated by cancelling the Iran nuclear deal. That has set the stage for the war that will be the end of the USA as we know it. With the COVID-19 plandemic bearing down on us as well, Heaven only knows how this will all turn out.
Agree with you 100%; Trump is part and parcel of the so called deep state and his actions have verified his status, like you the article is very good until the second last paragraph referring to Trump.
It’s more complicated than that, Tommy.
In fact it’s a rather Slippery Conceptual Slope and there are a great many…especially Commonwealth Lefties that just can’t seem to keep their footing….and slide right (or left, as the case may be) off The Path….so reliably …as programmed by the Masters of Ideological Left/Right Mind Control.
But there’s HOPE:
Today’s Anti-Mask anti-Lockdown demonstration in London’s Trafalgar Square:
Is that a Red MAGA hat on one of the demonstrators??? (sarc)
Finally, more of y’all are getting it……AND ..not slipping and sliding off course as predictably….and obediently…. as before.
You’re right, Bro, it is more complicated than that. It’s more complicated than we could even begin to understand. But, understand this: We have troops in the Middle East because Israel wants them there, pure and simple. Even Trump understands that. We are threatening Iran because Israel wants us to. The Likudniks and Zionists who Trump has surrounded himself with are driving the USA into a war with Iran and Russia that no one but them really want. It’s all part of their crazy “end times” ideology. The “synagogue of Satan” is prepared to march us all right over a cliff. Americans of faith need to get their heads out their asses and put a stop to this madness.
Keep your friends close and your enemies even closer?
The bad guys are godless bastards and don’t want to die in a firestorm I wouldn’t think.
They are practicing divide and rule to the extent that we let them.
I’m thinking the “bad guys” aren’t even human anymore, maybe some AI profit algorithm like what controls the hedge funds these days. They certainly have no use for most humans, although they may keep a few of us around as pets.
Why does the Federal Reserve Flag now have a gold fringe around it? Never observed that before. Does that now mean the Federal Reserve is running the United States? Saw both flags behind Powell in his office.
absolutely agree. i’m not sure why ehert believes trump is anything but a tool but he’s put this idea forth in several essays now. i also do not fully agree with cabal signing on with the bri, yes, undoubtedly they will have to but china (russia as well) are well acquainted with the cabal & will have no illusions about their ends. if or rather when the cabal realizes it has no choice but to join it will be as a very controlled minor player never to be trusted. neither china nor russia has suffered this long journey to recovery to then hand its control over to the cabal yet again. i read last week (middleeastmonitor i believe) that egypt is about to teach chinese in its schools. the world is indeed changing.
Regarding Trump; the Saker has covered this issue well in a recent post. It is not a matter of what we think of Trump. It is a matter of what the banking Cabal thinks of him. They make it pretty obvious that they regard him as insufficiently under their own control. They fear his loyalty to America. He is not as totally bought as the democrats. This for them is a threat. The cabal wants a President that is totally under their control. For them Trump does not cut it. So they cleverly provide as much ammunition in their controlled media as they can find to reinforce the people’s dislike of him. Not a difficult task obviously. Divide and rule works. Particularly in America where politics is reduced to a personality contest.
It’s complicated? No, the truth is just obscured by all the theater. It’s something like this …
For the first time in decades we have a potus that is not directly serving the ptb. This is intolerable for the ptb, hence the deep state revolt against him.
Trump got into office because he promised the likudniks things that the ptb denied to them because they conflicted with their interests
But on the issue of “the great replacement”, Trump is an obstacle to the ptb.
I would add that, deliberately or not on his part, Trump is helping to reveal in very stark terms the immensity, greed, and voracious destructiveness of the (American/Zionist) empire to all the world and in the clearest of ways. He is undermining all the Empire’s actions in the world, and impairing the US relationships with almost every other nation.
I think only good can come from that. In terms of the “lesser evil” (compared to Clinton, Biden/Harris) in American politics he is virtually a guardian angel. He is not without faults of course, but another 4 years of bluster only, will help the world, and perhaps weaken the empire to prevent greater harm being unleashed. At the very least, 4 more years of trillion dollar “defense” budgets will further move the US toward insolvency/collapse.
nearly every name ,company,movement, politician mentioned in the article is connected by freemasonry and “the money changers” . When individually looked at its readily available to see. but when asked to step back and see a bigger world view. it becomes tin foil time cognitive palsy for most.
trump ? just look at his photo ops with satans sidekick himself kissinger.
Yes, but to what extent is that needed in order to stay in the game?
President Kennedy tried a more aggressive approach.
Thank you. Matthew Ehret, for your scholarly detail, and your persistence in trying to present this story, in a world that has whitewashed it out of the culture. This long piece was to my mind one of your best presentations yet. We should all be very grateful.
I had watched Wallace’s speech before, but this time, in the context you provided, it became stunningly clear that the FDR school of thought regarded the socialist revolution as a real thing around the world, and as a very American thing, ongoing for a century and a half here, and not yet completed, as the revolution of the worker towards freedom from want continued – and was intended to continue.
And this all should have continued, except that those who love money do not hesitate for one second to kill anyone whom they deem it expedient to kill – perhaps this is the truest lesson of all that the people must always hold in their thinking.
What a different world we could be living in today but for the greed of a few people who all along have regarded the rest of humanity as nothing. No wonder they hate China, for continuing that revolution that they killed in the United States – IF, in fact, it has been killed.
Our revolution continues – the President’s man told us so. And they will kill anyone they have to in order to defeat this revolution – our best general told us so.
Thank you for the continual reminders, Matthew Ehret.
The hatred of China is recent, and currently over-dramatized by Trump, mostly for own reasons. And the neocons still think there are means to “contain” China’s economic growth (they will fail’), while Russia’s sabotage of an increasing number of their evil plots around the world is hard to prevent.
Consequently, Russia remains the greater threat for the empire, as Putin has been increasingly frustrating their second biggest tool for control after the $ – regime change. Belarus, Venezuela, Syria, to which should be added Turkey, and other less known spanners in the wheels.
And of course, Crimea, which the regime-changers refuse to get over…
Worse of all: the new weapons.
And to add insult to injury, the vaccine with the nose-thumb name, Sputnik V.
The cumulative effect of these steps is proving so irritating that Matthew Ehret’s warning about a neocon-driven “total war with Russia, China…” should be taken seriously.
Certainly Putin does, if this statement is anything to go by:
“And since Dec. 2019, the first strategic missile regiment with the Avangard system has been on full combat alert.” (See here for context: http://en.kremlin.ru/events/president/news/64058)
Excellent historical link up of City of London + Wall st + JSOC/CIA/Deep state. At present it seems to be the Left is Right and the Right is Left. Again like it was over 90+ years ago the distraction of a DEM v GOP ensures we lose sight of the bigger picture.
Better link for the Banking with H—-r https://www.dailymotion.com/video/x537w3l
the adverts are a bit annoying but it looks as though there is no other way to view this film other than the link provided.
The info on how sovereign wealth (gold) was stolen is incredible. Just moved from one vault to the other at either the BIS or the Bank of England!! And gold stolen from Czechoslovakia, Austria, and POland was used by the Reich to make interest and dividend payments to the Bank of England!
Really great film WW2 footage that I haven’t seen elsewhere, and interviews with members of the Greatest Generation, many of them intelligent women who were on the scene.
A great companion film to The Spider’s Web: Britain’s Second Empire.
The takeaway: Don’t trust bankers! Especially not international bankers. The summary at the end is: They like to have a quiet life, just keep making money regardless of who is in power or who wins. They all fraternized throughout the war. Especially Chase. That is Rockefeller, in case you forgot . . .
They did not stole Gold reserves of Austria. Fake news.
Perhaps you are right.
I don’t know veyr much about this subject.
Please do supply some links.
Here is an account of the Third Reich’s gold and other general theft policies:
It corroborates that tons of gold were stolen “directly” in Austria and more was “transferred” via banks.
Perhaps this is a made-up story?
Thank you. Amazing text and great insights into original documents. I have learned a lot from the text and the links. Many things mentioned in the text, I have heard before, by reading Episodes on Oriental Review (it is on the list of news sources on the top of this page), written by Nikolay Starikov. However, Starikov being a Russian, can hardly be used as a reference in discussions with readers from US. Now I have another source to point to – a fellow Canadian, eh :-)
Thank you again
History all very well, but I believe we have a situation in the world today unlike anything mankind has experienced in the past. Thus, most unfortuneately there exists no guidance, no lessons that could be learned from. In the course of the last century world population has exponentially grown to a size that the planet cannot comfortably support. Energy, nature, social, and economic systems are being stressed beyond their limits as humankind is out to drown in its own guano. The problem is not in our ability to produce, but in our inability to get rid of the excess, i.e. the byproducts. The West’s culture of glutten provides no avail. Scientists know this, and have been warning for quite a long time, but too few are listening. So yes, as Mr. Ehret points out we are in a slow motion world order meltdown in many dimensions, but not because of political machinations (although the political machinations certainly aid the quandary.) Rather, at the root, it is because of technical-biological formations overwhelming the world’s natuaral orders, and these formations also promise to overwhelm any world order that the planet’s oligarchies are willing to accept . Our world leaders are totally lost. They do not know what to do as there is no past history they can grasp on to even if they cared to do so. China’s belt and road inititive is hardly a solution as it will only exasperate the basic problem of a world seriously overpopulated wanting to live like one hundred million gluttonous Americans did fifty years ago.
I only feel for the young people who will inherit this mess as the older generations have become too decrepit to even acknowledge the situation.
In 1949 when Chairman Mao came to power, the population numbered about 1.0 billion, the average life expectancy was 42 years, literacy was about 2%, opium addiction was about 25%. Health care was non-existant except to a privileged few. Children had to look after their elderly parents.
Today the population is 1.4 billion, average life expectancy is 78 years, literacy is about 98% and opium addiction is almost irrelevant.
You will not read this from the priests at the Club of Rome. It is not in their interest.
You should be celebrating one of the most extra-ordinary successes in history. Over 500 million people have been lifted from a life of abject poverty to a decent standard of living with education, health care and a pension, in other words, a life worth living.
The world population will obviously have to rise as people live longer. This was one reason for the one child policy that was persistently applied in China for decades. This does create a burden on the care of elderly. Technology makes it less so.
China is converting its electricity plants from coal to gas and nuclear, greatly reducing air and water pollution. China is not just a low wage country. It has learned over the last decades to be the most efficient, high quality producer of goods and services.
Above all their belt and road initiative offers a great deal for its partners, a win-win situation. No other developed nation offers so much hence the trade war.
I like to first thank the Saker for posting my controversial comment. Actually, I thought I’d get much more push back.
Yes, China’s accomplishments are truly admirable. Bringing a population to a respectful living standard is most moral and worthy of praise, but China’s success does not come without a Faustian bargain. Coincident with China’s industrialization came a proportional increase in carbon burning byproducts into the air leading to global warming increases as well as much other ecological destruction of almost every other type. Now imagine if all of Asia via the belt and road inititive follows suit as China did. Ultimately the collateral destruction of our world environment will bring on the demise of mankind; that is life as we know it on this planet. I do not think this is what we want for our future generations. So, here we have it, a contradiction, a serious dilemma which no world leader has yet to seriously tackle, let alone figure out.
I also note that China is currently the world leader in wind power as well as solar energy. Yes, they are thinking in the right direction, but these “alternative energy” technologies are too little, and too late (besides much does not really work as advertised.)
The earth can support humanity as long as humanity chooses to grow food. But we are lazy. The rest of the population control eugenics crap is just rich people propaganda.
”In June 1922, 300 marks exchanged $1 US and in November 1923, it took 42 trillion marks to get $1 US!”
Matthew Ehret doesn’t mention it, but what started the monstrous hyperinflation instantly was the occupation of the Ruhr by French and Belgian troops (January 1923) as ”due compensation” for Germany defaulting on war reparation payments. Germany found herself asset-stripped of her own industry and, without any colonies to rob blind, resorted to print money with no backing. This is something which ominously haunts the collective West ever since: What will happen if and when the Oppressor Nations — now deindustrialised and with abysmal birth stats (except in immigrant communities) — can’t coerce other countries and peoples into upholding any of this ’post-industrial’ nonsense anymore? Fascism is a consummate expression of militant parasitism, with or without any racist depravities pertaining to it.
Matthew Ehret is dead right about the remedy: Kick out rapacious speculative finance and join the BRI project which will eradicate poverty, hunger, and war by creating durable infrastructure. The neocon filth doesn’t even qualify as fascists. They are anti-Life, pure and simple.
I remember reading years ago a sentence from Keynes about the disaster that was Versailles:
“Men will not always die quietly…In their distress they may overturn the remnants of organization, and submerge civilization itself.”
“but who can say… in what direction men will seek at last to escape their misfortunes.”
Unbelievable, how bankers gamble with the worlds population and then came what? The nuclear deterrent, “MAD” lol and the cry for a one world government.
and now O look their all pointing their ICBM’s at us?
I wonder what the modern day “Reichstagsbrand” would look like.
“… I wonder what the modern day “Reichstagsbrand” would look like …”
This is how:
Right, Con-911 was the 21st century Reichstagsbrand. And it has been followed as the night follows the day by Con-19, the 21st century version of Gleich-Gestaltung (Uniform Viewpoint) with Lockdown, Mass Incarceration of suspects, and biological Reprogramming with forcible injection of genetic material.
Fascinating article and very well written. Leaning more towards scholarly work.
The shear evil, cunning and intelligence of the British Elite is amazing and unprecedented from a historical perspective.
Hence the “Anglo“ in the Anglo-Zionist Empire (Alliance).
Please would you link, point to any reference for this:
“A leading US industrialist named Washington Baker Vanderclip ….agreement in history with Russia to the tune of $3 billion in 1920”
Washington Baker Vanderclip was seemingly president of the Elkhart Masonic Mutual Life Association from Elkhart, Indiana (https://tinyurl.com/y2vnjktc).
I guess the guy in question is not Vanderclip but a business man named ‘Washington Baker Vanderlip’.
Vanderlip was also known as ‘The Khan from Kamchatka’.
He was often confused by the Russians with the banker Frank Vanderlip from the First National City Bank. Might well be the case they were under the impression dealing with the banker when matter of fact they were talking to the business man.
W.B. Vanderlip acted as a kind of semi-official US ambassador before the US established diplomatic relations with the back then Soviet Union in 1933.
You shall find numerous references by searching for ‘The Khan from Kamchatka’ in history books from the time of the Russian revolution.
Absolutely brilliant. To be read and reread. I will recommend it to my family and friends. A must to understand the dangers and opportunities of the current situation. Thank You Mr Ehret.
Is there any chance that someone put together in the same format of article, connection between City and catholic Kuria in Vatikan. This would than cover everything.
Yeah sure, lots of details but also lots none factual details that have been randomly connected to events at the author’s discretion without any references to back up the claims, especially when it comes to National Socialistic Germany and Hitler. Usually, a topic that has been willfully ignored academically as well as scientifically since its destruction.
Hence, we always get to hear the same nonsense over and over
Reading this article one gets the impression it was exclusively foreign money that funded the rise of Hitler.
Why is there no mention of prominent domestic funding?
Kurt von Schroeder a German banker from Cologne who participated in the financing of the Nazi party and was a director of the Keppler Circle (together with Hjalmar Schacht ) which grouped together German businessmen who were sympathetic to the Nazis.
August Thyssen the German industrialist bought the “Brown House” in Munich which became the Nazi HQ. The imposing building basically functioned as “state within a state” in the Weimar Republic.
Albert Voegler, the founder of Vereinigte Stahlwerk AG funded the Nazis and was one of the main beneficiaries of re-armament.
Also, not sure how one can describe Kurt Von Schleicher, a Nazi who paved the way for Hitler to become Chancellor, as a “patriot”?
Wilhelm Keppler: https://en.wikipedia.org/wiki/Wilhelm_Keppler
Keppler Kreis – Freundeskreis der Wirtschaft (Circle of Friends of the Economy): https://en.wikipedia.org/wiki/Freundeskreis_der_Wirtschaft
Kurt Baron von Schröder: https://museenkoeln.de/NS-DOKUMENTAtionszentrum/medien/abb/368/4443_6530.jpg , https://de.wikipedia.org/wiki/Kurt_Freiherr_von_Schr%C3%B6der
Braunes Haus, München: https://upload.wikimedia.org/wikipedia/commons/c/cb/Bundesarchiv_Bild_102-17059%2C_M%C3%BCnchen%2C_Braunes_Haus.jpg
“Britain was the leading in hand behind (..) WWI”
“the British oligarchy managed the war,”
It makes it hard for me to continue reading this. I’m sick to death of this total refusal to take a tiny bit of trouble to examine what is meant by “Britain”. The Island of Britain holds 3 people; the Cymraeg, the Gaelic and the AngloSaxon.
Since the AngloSaxon, more accurately designated from genetic studied as Franco-Germanic hybrids – invaded the land before the turn of the millenia under the pretext of coming to aid the Cymraeg who inhabited and owned the entire island up to the northern border with Pictish and Gaelic tribes, and were under attack by the same Picts – but took and relabeled stolen land “Angle-Land”, the Island has been dominated by the AngloSaxons and a few aristocratic Normans, known after a few hundred years as “English”.
To the Cymraeg they are still “Saxons”.
Every ruling power over the island since those days has been English. Few Gaels or Celts have been in any position of power, since the concept of Aristocracy was absorbed by the English by their Norman forbears and to this day is clung to like immovable glue. The attitude of English aristocracy towards us has been one of utter contempt and loathing. Only one Cymraeg was ever Prime Minister and that was the highly charismatic David Lloyd George, for whom English was a second language. He fought and fought against all those moneyed powers stop WWI, and when he failed because of the power of group action, did all he could to prevent the worst excesses.
The people being talked of here are primarily the English Aristocracy and Landed “Gentry” as they call themselves, which includes the Royal Family line [primarily Germanic, brought in by that Aristocracy to make sure the Gaelic or Scottish in line for the throne didn’t inherit it], and the City of London, a city and power unto itself. It’s the entire unimaginably wealthy class, which is not subject to most of the Laws of Britain, being a power unto itself; it is comprised of Jewish, English and other power-brokers and oligarchs.
There are NO “oligarchs ” who are Celtic or Gaelic.
So – forget we exist if you want, but for Gods sake stop just grouping us with our first and only real enemy, the English, under the title THEY invented —- “Britain”.
Thumb up. Can you write an article on this topic for the Saker blog so everyone can see what it is about.
Just watched a movie about the IRA from the mid 80’s. How is it that they were lamenting about the ”British” and not the ”English” and that on the walls of Belfast it read ”Beware Brits”?
The people of Northern Ireland are Protestant Christians, who split off from the Roman Catholics of Eire in 1920.
This has been the major cause of the violence in Belfast ever since. The Catholics wish to unite with Eire (Southern Ireland), but the Protestants want to remain part of the United Kingdom of Great Britain and Northern Ireland having representation in Westminster.
That is partly correct.But the Catholic population is around 45% of the country.And the Protestant around 55%.When the British kept the 6 counties they went too far. Fermanagh,and Tyrone,were very majority Catholic.And Derry and Armagh,were close to half Catholic.Of the other two,Down was around a third Catholic in its South region. And the industrial Antrim with Belfast,had large workingclass Catholic ghetto’s in Belfast. Had they cut the borders by a lot they could have had a mostly Protestant area.But to do so would leave only a tiny area to them.And they wanted a bigger region.
Scottish Lowlanders who had converted to Protestant,originally Catholic Irish descendants of Irish invasions.
Its a long and turgid history,not some simple thing at all.
The Highlander/Lowlander thing was about more than hills
I don’t think that Ehret has to undertake a genetic study of the British Isles before he can write up this analysis of the role of the British ruling class/oligarchy/monarchy in fomenting both WW1 and WW2.
I too would like to see more documentation of US-Russian cooperation between the wars.
From my recent reading I think Ehret does miss an important point regarding WW1, which is the role of the hawk faction in Austro-Hungary and its failed plan to do a surgical “cakewalk” type of punishment of Serbia for the assassination in Sarejevo (Franz Ferdinand had actually been a “dove” re Serbia). But the fact was that militarists in both Germany and Russia wanted war and put tremendous pressure on both Wilhelm II and Tsar Nicholas, his cousin, to go to war. Possibly also in Britain. Britain certainly did fear the growing clout of quickly industrializing Germany and wanted to nip it in the bud. And Churchill was salivating over gaining territory and control for Britain from the Ottoman Empire
Especially as Germany was already building the Berlin-Baghdad Railway, which would have provided access to the newly discovered oil fields of the Ottoman Empire (now Iraq, Syria, Iran, Saudi Arabia, etc.). Germany certainly had the brainpower in chemistry, physics, engineering, etc. to complete the railroad as far as the Persian Gulf and to develop the oil fields and develop and manage all of the refinery infrastructure and processes.
Then there was that little issue of a Jewish homeland. Unfortunately David Lloyd George, for all of his good deeds at home, can be practically be described as a militant Christian Zionist. The Palestine idea was always there in the background as Britain teed up for the Great One. Arguably the Balfour Declaration would have gone nowhere without the active support of George to create a Jewish enclave, and British imperial toehold, in the Middle East. Please, we should not assume that the imperialists were unable to read maps.
But back to Britain and the postwar era, a very relevant complement to Ehret’s analysis is this excellent documentary film, about the creation of offshore tax havens by the City of London:
The Spider’s Web: Britain’s Second Empire
Pamela, we seem to be “on same page” quite a few times and what is remarkable, that is exactly what riles me when they say “British”, when the obvious evil doers are the English! Plain and simple, but most people fail to make that distinction. By the way, I have promised Saker another essay on that very subject – the global evil that eminated and continues to eminate from that particular “race”, group or whatever one can call them. That oppressive, domineering, imperialistic mindset that believes only in subjugation and enslavement of others and that is why there is such deep, all-consuming hatred towards Russia and Russians, who are radically opposite to them in their understanding of living in this world. I want to address that and expand on it. Give me a month or so. : )
We’ll be beating around the bush as long as we didn’t understand that the ‘Great War’ was not the war of the British ‘oligarchy’ against Germany but the war of the ‘Internationale’ coterie of ‘oligarchs, bankers, presstitutes’ dominated by ‘that particular race’ against Russia.
The charismatic ‘Cymraeg’ who made his way into the British oligarchy (he was created Earl Lloyd-George of Dwyfor and Viscount Gwynedd, of Dwyfor, a hereditary title) took more pride in the formulation of the ‘Balfour Declaration’ (incidentally Balfour was a Scottish aristocrat) than in his Welshness:
“Before the location of that Jewish state was declared as Palestine, Lloyd George worked as a legal advisor for Theodor Herzl, the founder of modern political Zionism, to help convey British support for Jewish autonomy in Uganda. George took great pride in his role to help bring about the 1917 ‘Balfour Declaration’, Great Britain’s promise to the English Zionist Federation and the Jewish community of Palestine that a Jewish homeland would be established with the help of the United Kingdom. At the event George proudly stated “I was Prime Minister of this country when the idea of the Jewish National Home took form as an act of State policy in the Balfour Declaration, and I presided over the Councils of the Imperial Cabinet which gave expression to that policy and secured for it the sanction of our Allies. I was the principal delegate of the British Empire at San Remo where the Mandate for Palestine received its final shape and was conferred upon Britain…
Speaking at an event given in his honor by the English Zionist Federation in 1931…he also expressed his belief that as a Christian the Land of Israel holds a great amount of meaning for himself and other Christians. “You will not be offended, he went on, if I tell you that the names of these valleys and hills in Canaan are as sacred to the Gentile as they are even to the Jew. I heard of Jezreel and Esdraelon, of Carmel and Zion before I knew of the existence in my own land of the Valley of Glamorgan or of Plinlimmon. I am deeply gratified that you should think service such as I was able to render to the idea of a Jewish National Home is worthy of such commemoration.”
He even declared once that: “I was brought up in a school where I was taught far more history of the Jews than about my own land. I could tell you all the kings of Israel. But I doubt if I could have named half a dozen of the Kings of England, and not more of the Kings of Wales….We were thoroughly imbued with the history of your race in the days of its greatest glory…
“Lloyd George played a critical role in Foreign Secretary Arthur Balfour’s famous Declaration in favour of “the establishment in Palestine of a national home for the Jewish people”. It is here that his strong Christian Zionist background came into to play, although this is disputed. Tom Segev, in his significant book, (based on new material ),One Palestine Complete, argues that it was Lloyd George himself, not the Zionists not the imperial planners who were responsible for the Declaration”
He is less fondly remembered by the Russians, for his indirect role in the murder of the Tsar Nicholas II (whose fall he enthusiastically welcomed).
If you truly want to understand the causes of Hyperinflation I can suggest no better source than Mike Moloney’s “GoldSilver.com” site. He presents plenty of graphs and economic history to show exactly how it is caused, what trends it is a part of , and why it is now totally unavoidable.
Regarding this piece, I have nothing to say for anyone who says that David Lloyd George, the first and best true Socialist P.M. the people of the British Isle ever had, and who formed what was the best Welfare state before it was ruined, was part of a drive for Global domination. He was in a position of power as P.M. and therefor was a part of many Committee’s but to suggest this ardent socialist and fighter for the rights of man was a side kick to Globalism is just beyond discussion.
The Anglo American Empire is certainly desperate–like a rabid beast frothing at the mouth.
As such, America increasingly lashes out with geopolitical provocations and threats, as it feels its global hegemony slipping through its grasp.
Amid mounting domestic crisis, US imperialism lashes out at Russia and China
Here is a Roosevelt As he saw it link that you do not need an archive. org account to read.
This article is an excellent narrative concerning international politics. However, contrary to accepted financial wisdom, the rise of Germany from 1933 onwards under Hitler was not financed by international bankers. Quite the opposite in fact,
The Treaty of Versailles in 1919 had imposed draconian war reparations on Germany, because they had just lost the 1914-18 world war and had to be punished by the international bankers. It was they who caused the hyperinflation of the German Mark that occurred in 1922 in order to pay off the war loans incurred by France and England by printing more and more money that Germany had to borrow at interest. This caused the breakdown of the German economy with massive unemployment and the social discontent that led to the eventual rise of Adolf Hitler as Chancellor of Germany.
In 1933 Hitler canceled Germany’s debts and created debt free money as Treasury certificates that were paid to the German workforce for work done and/or materials supplied. This enabled the rejuvenation of the German economy building railroads, autobahns and the manufacture of war materiel resulting in full employment and prosperity to the nation.
The international bankers were aghast at this transformation and that is why Britain declared war on Germany in 1939, since the rise of German power would threaten to destroy the British Empire.
This is correct. The Germans went against the banks. That is why today we equate Nazi Germany with mad racist baby eaters.
I don’t believe we have ever been told the true history of WW2.
Kaprocorn, Hitler’s rise was fuelled by credit. Read up on MEFOBILLS. It was a deferred payment system. He did not “create debt free money”. Credit will give you an economic high for a while…Hitler milked it for what it was worth and then just before the debts became due, he waged Blitzkrieg and stole his neighbors’ gold reserves.
Jamshyd, since Hitler was financed by bankers how was he “against the bankers”?? And, yes the Nazis were racist baby eaters.
Btw, Hitler also supported the cause of Zionism. Haavara agreement promoted the settlement of Jews in the British Mandate of Palestine.
Mefo bills were just pieces of paper with no backing.
Hjalmar Schacht formed the limited liability company Metallurgische Forschungsgesellschaft, m.b.H., or “MEFO” for short. The company’s “Mefo bills” served as bills of exchange, theoretically convertible into Reichsmarks upon demand. MEFO had no actual existence or operations and was solely a balance sheet entity. The bills were mainly issued as payment to armaments manufacturers and the workforce, who then spent them into the German economy. This lifted Germany out of the depression with full employment. The autobahns are just one example of the practicality of this approach.
Mefo bills were issued to last for six months initially, but with the provision for indefinite ninety-day extensions. To make sure that the bills were never exchanged for ReichMarks, that would lead to inflation, the ninety-day maturation period for the bills kept being extended until the actual maturation period became five years by 1939. The total amount of Mefo bills issued was kept secret.
This is more or less what China is doing today by having their government owned state bank create their internal currency the yuan free of debt, that has enabled China’s economy to transition to a highly successful level within the space of about thirty years or so. Now that currencies are created ex nihilo as digital entries on bank computers, it is a simple matter to control the rate of inflation by having the taxing authority delete as much as is necessary back out of existence.
What evidence do you have about Nazi Germany, other than the word of the enemies of Germany?
Why are the Israelis hunting down 96 year old German foot soldiers who were guarding lamp posts for Nazi Germany during the war, and executing them after sham trials?
I say cover-up.
If the Zionists prevail once more, Iranians will be hunted down and executed by the Mossad on the pretense that they were racist baby killers, I guarantee it.
The world will be told how the Iranians were thirsting for Jewish blood. Wait, they’re already being told that. But you’d be a fool to believe it.
You’d be a fool to believe anything they say about Nazi Germany. You’d be a fool to believe what they say about anything.
What you are saying seems to make sense, but where we could find evidence that would show contrary to what we are learning about it.
Thank you, Matthew Ehret, for a fine work.
Until now, I have never heard of FDR’s Four Freedoms (freedom of speech; freedom of worship; freedom from want; and freedom from fear (of war, e.g.)). My ignorance probably says something about the overwhelming completeness of the Banksters’ Putsch that occurred after FDR’s death.
Learning about the Four Freedoms reminds me of the soaring opening phrases of the United Nations Charter:
This is completely consistent with the Four Freedoms. I see now that FDR must have been one of the primary creators of the UN — an enormous achievement. The UN Charter, and the Four Freedoms, should be celebrated throughout the USA. I wonder why they aren’t?
Nazi Germany was supported by Western bankers and appeased by Western politicians who saw the USSR as the ‘real’ enemy.
Why? Because the USSR threatened the Western economic system of Banking robbery.
Has anything changed? Yes. The USSR is no more. There is no longer a threat to Banking robbery.
Why the constant ‘aggro’ against Russia and China then?
To keep the people under control, they must have a perceived enemy who threatens them and from whom their governments protect them.
What is ‘evil’ then? The Banking robbery system which keeps us in financial slavery.
Money is a token used in the exchange of wealth.
First it was barter. That was filled with inconvenience.
Then is was various metals. They became too heavy as exchange (trade) increased.
Then there was paper: bills of exchange, bills of promise, paper currency.
These were all material, all countable.
Now there is digital currency; just as unreal wealth as paper tokens, but less substantial and TOTALLY traceable.
No privacy is left. The Banksters know all – and keep it secret, known only to the chosen few (Rothschild’s?).
Karl Rove said, “We create reality.”
His president, George Bush said, “.. they’re only Goddamn bits of paper.”
We are living in the world of Capitalist ‘created reality’. It is doubtful if it will last much longer, thanks to the in-built self-destruction of human genius – global warming, genetic engineering, artificial intelligence and, of course, the wonders of radiation, of whatever form.
Too long, artciles should be brief, to the point and fit on max. 2 pages.
My 2cents comment.
Very interesting comment.
– I have often been advised to keep my business CV to two pages “otherwise no one will read it.” However, I resolutely keep expanding my CV (now at 16 pages) and refuse to work with those who “only want to see 2 pages” why? because those who do value my 16 pages, state that they could see a better history and read more context into it and find more which benefits their organisation. Simples…i then get more work…
– When i assist managers, they insist on having only a 2 page summary of some extensive research that they fund…ie the managers make their decisions on a minimum of data whilst their staff take the time to read the full report. The result is that the managers are short of the vital details which help expand context. They lose their jobs due to their self-imposed lack of analysis and i can then work with those staffers that have absorbed the full report…
I do not think The Saker website is, or ever was, or intends to be, a pure news media site. I for one, greatly enjoy the richness of lengthy articles that get into the minutiae of events….and the readers comments, some of which are even lengthier than the articles, are great for learning even more about a topic…
TED talk on how the brain develops >
First of all we need to realize FDR was murdered in the dying days of the Third Reich because he found out about secret deals with Nazis by the OSS & MIC and refused to sanction them. Just as JFK was when he tried to contain the same people.
It is a matter of irony that the War in Vietnam that JFK tried to stop is in fact the root cause of most of the troubles today in generating a leftist political faction that didnt exist before then, and running the US into $trillions by ongoing wasteful defense spending decade after decade. So their plan has resulted in failure and the chaos of the past 4 years.
NWO attempts to remove Trump and his large support base will fail because its is a foreign element doing so and Americans, like Russians would, will see thru and realize this.
Americans are taught in school how they defeated the enemy in 1776 and will come to realize that enemy hasn’t changed.
The way to deal with China and its trade issues is to simply place quotas on imports.
Two systems can co-exist.
The NWO elites are few in number and live in a world of false reality being out of touch with ordinary people, and that is why they will be defeated. They believe people will embrace their manipulation and rhetoric but they are mistaken. Average people are more educated today and are not sheep like they were before WW2.
@Britain had been the leading hand
There is a push in historiography to absolve Germany of any guilt in provoking both World Wars and to obfuscate the role of USA in provoking them and at the same time to blame everything on Russia. That’s to dismiss the facts that in both of them Russia was the target of an international conspiracy to bring the ‘regime change’ and to open the country to the international cartel. That wouldn’t have been possible without a massive war that would have created the ‘revolutionary situation’. Russia was not defeated in the Russo-Japanese war, but the revolution was. Britain came to an arrangement with Russia ending their ‘Great Game’. Only Germany could have administer Russia such blows to stir social movements and England would have regard benevolently such an outcome. Only that Germany overstepped the mark, coveting parts of the British Empire. On the other hand Britain wouldn’t have let Germany to become the hegemon of Europe. The only solution was to let Germany to get her parts of Russia and to bring America into war. NATO avant la lettre! Germany brought tsarism down, Russia laid prostrated opened for foreign capital, America was coming in mass to occupy Western Europe. Had Germany continue to fight it would have ended in the same situation as 27 years later.
The Federal Reserve = Wicked Evil Bankers.
FDR gave us our booze back but then installed his own brand of Nanny State Socialism which of course led us to a massive Crony Corporatist Police State and $27 trillion in debt which will have to be paid back in blood!
In writing of the National Bank Act, Horace Greely aptly observed: “We have stricken the shackles from four million human beings and brought all laborers to a common level, not so much by the elevation of the former slaves as by practically reducing the whole working population, white and black, to a condition of serfdom. While boasting of our noble deeds, we are careful to conceal the ugly fact that by our iniquitous money system, we have nationalized a system of oppression which, though more refined, is not less cruel than the old system of chattel slavery.”
Thus slavery in chains was replaced by debt slavery.
Very well written and argued piece. I hope some gentle differing views & opinions from the British perspective are OK?
Sadly, none of us can hope to know the future with any certainty. In many ways, our lives are lived randomly.
Europe in 1850 was a very different place. Some veterans of the Napoleonic wars were still alive. Bismark was unifying the German principalities to create the nation State we know today, to France’s alarm. The French still considered themselves a great nation and sought redress for the toppling of Napoleon. This would flare up as the Franco-Prussian War in 1870-71 and bring us the Parisian communards and the word Communist.
The French humiliation stoked the historical ill-feeling between France and Germany. When the sclerotic Austro-Hungarian Empire (apparently encouraged by Germany) sought revenge for their Arch-Duke’s assassination, the Russians violently objected. France in alliance and spotting an opportunity to redress their perceived wrongs, enthusiastically supported the Russians and troops began to mobilise.
Britain didn’t actually enter the war until the Germans broke the post-Napoleonic Treaty by invading the demilitarised zone, also known as Belgium.
The point I’m trying to make is these were drivers for conflict in Europe. Britain on the edge wasn’t ‘of Europe’ and there was little support to get involved in Euro affairs. My grandfather had to read all about the evil Hun raping Belgium nuns to get enthusiastic (he survived, many of his immediate family didn’t), and it would be ‘all over by Xmas’.
My son and I are the first generation in my family not to have been dragged off to war, and for that I can thank nuclear weapons. When the bullet has a politician’s name on it, rather than a soldiers’, they tend to be a bit more circumspect about large conflicts.
Thank you…sounds like the same ‘people’ killed Lincoln, Kennedy, and Franklin Roosevelt.
I also think we need to look into the large corporations that have been not just allowed but encouraged to remain open during COVID and their founders backgrounds.
How many of us were fooled by the cracker barrel hokum of the Waltons…and the Hollywood tv show by the same name that both had a meteoric success in the 1970s? The real family were not Waltons nor very cracker barrel at all but well read, artisan class Virginians who owned their house.
American is the world’s greatest exporter of bull s**t.
The article extends on the previous article, yes, that communism is freedom and it opposes fascism.
When and FDR completely controls your life, that’s awesome. But when a fascist completely controls your life, that’s terrible.
And we can’t leave out that notion by the author presented in the previous article that austrian economics, which puts every individual citizen in charge of their own destiny, is on a par with fascism.
One really has to be a brainwashed, committed, commie to fall for this stuff.
The depression of 1920 was solved in a year by simply leaving it alone and letting it work out.
FDR’s depression seemed like it would never get over with as the gov’t continually attempted to ‘guide’ the nation through it. The article claims that’s because it was ‘sabotaged’. LOL, give me a break.
What has communism ever accomplished anyway? I mean besides murdering ten times more people that the nazis murdered.
This article is a attempted murder of logic and common sense.
What has communism ever accomplished anyway?
First of all, communism never really existed.
However, today, we could talk about the communist ideals practiced by socialist policies.
Seen from this perspective, all the rights you have as an active worker are derived from communist conceptions, since capitalist and liberal economic policies are limited to profit, private property and class division.
Another achievement made by a socialist country with communist ideals, if you are a person of common sense, was the victory of WWII, where 20 million Russians died compared to the 3 million European allies including the USA.
His idea that communism killed more than the Nazis is as narrow-minded as thinking that the Nazis killed 6 million Jews.
Please give yourself a name that isn’t already used here by another commenter. Thx. Mod.
How can the author remotely equate the New Deal with Donald Trump? Trump was tutored by Roy Cohn, the mouthpiece for Joe McCarthy. McCarthy and Cohn were fascists in their bones who were set on undermining the FDR reforms, including ending imperialism and war. Ehret goes haywire in his last two paragraphs after being relatively accurate up to that point.
In this article, you didn’t say anything about “How the New World Order May Be Defeated Once More”. Would you write its second one?
Was a new system created at Bretton Woods? From the early planning it seemed that this would be the case. The British and American plans both contained provisions for a world currency: John Maynard Keynes had his “bancor,” and Harry Dexter White had his “unitas.” But these forward-looking ideas were soon buried. No doubt the Americans came to believe that a world currency would clip the wings of the dollar. There was not therefore a Bretton Woods “system” but rather a Bretton Woods “order” outlining the charter of a system that already existed.