Do you want your children and grandchildren to grow up in a global socialist “utopia” in which everything about their lives is micromanaged by bureaucrats working for a worldwide system of government instituted by the elite? To many of you this may sound like something out of a futuristic science fiction novel, but the truth is that this is exactly where the elite want to take us. This is their endgame. Their agenda has been quietly moving forward for decades, and if we don’t take a stand now, future generations of Americans could very well end up living in a dystopian nightmare with none of the liberties or freedoms that we enjoy today.
Bill Clinton’s mentor at Georgetown University, Dr. Carroll Quigley, wrote about this network of elitists in a book entitled Tragedy and Hope…
In fact, this network, which we may identify as the Round Table Groups, has no aversion to cooperating with the Communists, or any other groups, and frequently does so. I know of the operations of this network because I have studied it for twenty years and was permitted for two years, in the early 1960’s, to examine its papers and secret records. I have no aversion to it or to most of its aims and have, for much of my life, been close to it and to many of its instruments…my chief difference of opinion is that it wishes to remain unknown, and I believe its role in history is significant enough to be known…because the American branch of this organisation (sometimes called the “Eastern Establishment”) has played a very significant role in the history of the United States in the last generation.
In other parts in this series, I have discussed the tools that the elite are using to achieve their goals. In part I, I talked about how debt is used as a tool of enslavement, and in part II I explained how central banking is a system of financial control that literally dominates the entire planet. Professor Quigley also mentioned this system of financial control in his book…
“The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole.”
Today, a system of interlocking global treaties is slowly but surely merging us into a global economic system. The World Trade Organization was formed on January 1, 1995, and 164 nations now belong to it. And every time you hear of a new “free trade agreement” being signed, that is another step toward a one world economy.
Of course economics is just one element of their overall plan. Ultimately the goal is to erode national sovereignty almost completely and to merge the nations of the world into a single unified system of global governance.
The United Nations is the apex of this planned structure, and the globalists are always looking for ways to transfer more power to this institution. For example, that is what the Paris Climate Accord was all about. Since the climate affects everyone, it gives the globalists a perfect excuse to argue that the world needs to “work together”. The following comes from the official UN website…
To address climate change, countries adopted the Paris Agreementat the COP21 in Paris on 12 December 2015. The Agreement entered into force less than a year later. In the agreement, all countries agreed to work to limit global temperature rise to well below 2 degrees Celsius, and given the grave risks, to strive for 1.5 degrees Celsius.
Implementation of the Paris Agreement is essential for the achievement of the Sustainable Development Goals, and provides a roadmap for climate actions that will reduce emissions and build climate resilience.
“Protecting the environment” sounds like a reasonable goal, right?
Well, when you click on the link for the “Sustainable Development Goals”, it sends you to a website where you can read about the 17 pillars of the plan to “end poverty, protect the planet, and ensure prosperity for all” that were agreed to by all of the members of the UN in September 2015.
This plan is also known as “Agenda 2030”, and when you dig into the details of this plan you quickly realize that it is literally a blueprint for global government.
Sadly, most Americans don’t realize this, and neither do they understand that this has been the goal of the elite for a very long time. For instance, during an address to the General Assembly of the United Nations in 1992, President George H.W. Bush made the following statement…
It is the sacred principles enshrined in the United Nations charter to which the American people will henceforth pledge their allegiance.
Once you start looking into these things, you will see that the elite are very openly telling us what they intend to do.
One of my favorite examples of this phenomenon is a quote from David Rockefeller’s book entitled Memoirs…
Some even believe we are a part of a secret cabal working against the best interests of the United States, characterizing my family and me as ‘internationalists’ and of conspiring with others around the world to build a more integrated global political and economic structure – one world, if you will. If that’s the charge, I stand guilty and I am proud of it.
As David Rockefeller openly admitted, they are “internationalists” that are intent on establishing a one world system.
Candidates for Congress are not supposed to talk about this stuff, but if I am elected I am promising to fight the globalists on every front.
We are literally in a battle for the future of our children and our grandchildren. If the globalists have their way, American sovereignty will continue to erode and the United States will slowly but surely be merged into a one world system.
But that isn’t going to happen on our watch. Those of us that love liberty and freedom are going to take this country back, and we will never stop fighting the insidious agenda of the globalists.
Do they know something that the rest of us do not? There are tens of millions of ordinary Americans that are feeling really good about the future now that Donald Trump has won the election, but meanwhile the elite are feverishly constructing luxury bunkers at a pace unlike anything we have ever seen before. So why are so many among the elite preparing for an imminent “apocalypse” when tens of millions of other Americans are anticipating a new era of peace and prosperity? Are they smarter than most of the rest of us, or are they simply being paranoid?
Without a doubt, something is going on among the elite. Earlier today, WND published an article that discussed the fact that wealthy people “are quietly moving away from major cities” all over the globe because of concerns about security…
Given the increased frequency of terrorist bombings and mass shootings and an under-lying sense of havoc fed by divisive election politics, it’s no surprise that home security is going over the top and hitting luxurious new heights. Or, rather, new lows, as the average depth of a new breed of safe haven that occupies thousands of square feet is 10 feet under or more. Those who can afford to pull out all the stops for so-called self-preservation are doing so — in a fashion that goes way beyond the submerged corrugated metal units adopted by reality show “preppers” — to prepare for anything from nuclear bombings to drastic climate-change events. Gary Lynch, GM at Rising S Bunkers, a Texas-based company that specializes in underground bunkers and services scores of Los Angeles residences, says that sales at the most upscale end of the market — mainly to actors, pro athletes and politicians (who require signed NDAs) — have increased 700 percent this year compared with 2015, and overall sales have risen 150 percent. “Any time there is a turbulent political landscape, we see a spike in our sales. Given this election is as turbulent as it is, we are gearing up for an even bigger spike,” says marketing director Brad Roberson of sales of bunkers that start at $39,000 and can run $8.35 million or more (FYI, a 12-stall horse shelter is $98,500).
This is all very odd, because among the general population interest in “prepping” has hit a multi-year low. In fact, sales of emergency food and supplies are way down at the moment across the entire industry.
So once again the question must be asked – do the elite know something that the rest of us do not?
If they don’t, why are they spending so much time, effort and money on such extraordinary preparations?
An investor group is planning for a doomsday scenario by building a $300 million luxury community replete with underground homes. There will also be air-lock blast doors designed for people worried about a dirty bomb or other disaster and off-grid energy and water production.
Residents will enjoy an equestrian center, 18-hole golf course, polo fields, zip lines and gun ranges. Retail shops, restaurants and a row of helipads are also in the works. For those looking to “get away,” they’ll also be able to enjoy three white sand beaches and a neighborhood spa.
If you do happen to be one of the ultra-wealthy, perhaps you may be interested in purchasing one of the extremely expensive U-shaped “Earthships” that one company has been constructing for the elite…
Billionaires are buying up “indestructible” alien boltholes to seek sanctuary in during alien Armageddon or more-likely nuclear war and disaster.
The US company creating the $1.5million “Earthship” eco-structures says humans “must evolve” and insists they “will soon be a necessity” for our species “to survive on this planet.”
The bizarre U-shaped hideaways, which can reportedly survive in any climate, can be deployed to any part of the world and are self-sufficient enough to survive in isolation – during a killer virus outbreak or a radiation catastrophe.
I have to admit that I felt a twinge of jealousy when I first learned about these “Earthships”. They are completely self-sufficient, they are environmentally-friendly, and they sound like they are quite comfortable. The following is what one reporter discovered when she visited a community of these “Earthships”…
In addition to the cord-cutting power and self-sustaining water supply, each abode contains its own greenhouse. I could forage for figs, bananas, pineapple, broccoli, rosemary and chives in my fluffy socks. Or if the zombies weren’t looking, I could dash over to my neighbor’s place for supper. The Phoenix, a three-bedroom that sleeps six, dedicates one-third of its space to food production. Its tropical jungle supports parakeets and cockatiels (not for consumption) and a garden bursting with fruits and vegetables, including grapes, artichokes, lemons, melons, kale, squash, hot peppers and mushrooms that cling to a log. Chickens cluck around the back yard, which features a sunken den with a grill for coop-to-kebob meals. An indoor fishpond once contained a robust stock of tilapia before a group of guests threw a fish fry. Now, the littlest survivors swim laps with koi. For the dairy course, the staff is considering resident goats.
It sounds wonderful.
But once again, why go to all of this effort if a new era of peace and prosperity for humanity is right around the corner?
I really like what Carl Gallups had to say about this. Carl is the author of Be Thou Prepared, and this is what he told WND about the preparations that the elite are making…
“I think that the rich and elite are becoming increasingly aware of the dangerous and potentially unstable world in which we now reside,” he warned. “Massive instances of civil unrest, even in America, are becoming a very real possibility. Internal terror attacks, swelling illegal alien populations, an influx of Islamic refugees, increasing racial discord, ambushing police officers, the rule of law continually being trampled by the political elite and an almost complete collapse of trust in the mainstream media – all of this has led to widespread cynicism and distrust among the population as a whole.”
Gallups noted “the rich usually have deeper connections to reliable information and prediction sources, and most of them have the means to take immediate action.”
I believe that Carl Gallups is right on the money.
Normally I am extremely hard on the elite, but in this case I believe that they are showing much more wisdom than the general population.
Our world is becoming more unstable with each passing day, but there is so much apathy among the American people at the moment.
I just don’t understand it.
The self-destructive behavior that we are engaging in as a nation is a recipe for national suicide, and the warning signs are all around us, but because disaster has not struck yet most people seem to believe that the warnings that they have been hearing are not true.
Meanwhile, the elite are preparing extremely hard for an imminent “apocalypse”, and I have a feeling that they are going to end up looking like the smart ones once it is all said and done.
It has long been my contention that the elite are more than willing to do whatever they have to do to keep Donald Trump out of the White House. There are many forms that this could take, and one potential option just became a little bit clearer. On Sunday, the founder and editor of the Weekly Standard, Bill Kristol, announced on Twitter that there “will be an independent candidate–an impressive one, with a strong team and a real chance.” Kristol has very, very deep ties to the Republican elite, and so this is certainly not an idle threat. At this point we do not know who the candidate will be, but some of the names that have been mentioned include Mitt Romney, John Kasich, Nebraska Senator Ben Sasse and billionaire Mark Cuban. Of course dividing the conservative vote would be suicidal and would virtually ensure a victory for Hillary Clinton in November. So why would Kristol and other Republican elitists want to do this?
That is a very good question, and it goes to the very core of how the game of politics is played in America today.
The truth is that the elite are accustomed to being in control of both parties, and that is why things never seem to change very much no matter who is elected.
But this time someone that the elite do not control has miraculously captured the Republican nomination, and this scares them to death.
So now the mission is to destroy the Trump candidacy at all costs, even if that means having the Republican elite sabotage the Republican nominee.
I wasn’t sure if they were actually going to pull the trigger on a major third party candidate, but Bill Kristol now says that this is absolutely going to happen…
Just a heads up over this holiday weekend: There will be an independent candidate–an impressive one, with a strong team and a real chance.
If dummy Bill Kristol actually does get a spoiler to run as an Independent, say good bye to the Supreme Court! — Donald J. Trump (@realDonaldTrump) May 29, 2016
I would be upset too. For the Republican elite to purposely sabotage Trump and throw the election to Hillary Clinton is seemingly insane. This is something that Ben Carson commented on during a recent interview with Fox News…
Former 2016 candidate and Trump backer Ben Carson, speaking Monday on Fox News, echoed Trump’s warnings and invoked the 1992 presidential race as an example.
“A quarter of a century ago, another Clinton was running for the White House, and it was the entrance of a third-party candidate, Ross Perot, that made it possible for him to win,” Carson said. “Wouldn’t it be ironic if the same thing happened this time?”
Of course Kristol and the others that he is working with know precisely what they are doing.
There is no way in the world that Romney, Sasse, Kasich or Cuban could win. But that wouldn’t be the goal anyway. The goal would simply be to deny five or ten percent of the vote to Trump so that Hillary would win in a landslide.
At one time it seemed like such sabotage would not be necessary, but now polls have begun to shift and the elite are beginning to panic. Here is one example of how the numbers have shifted…
That data and recent events suggest that Wall Street, which currently prefers former Secretary of StateHillary Clinton to real estate mogul Donald Trump, may not get the president it wants. According to the Iowa Electronic Markets, a prediction online betting platform, the probability that we’ll see a Democrat take the White House in 2016 is shrinking fast.
“The Democratic candidate was all but a certainty to win the presidency less than a month ago—it was at 74 percent and it’s down to 58 percent today,” said Hickey.
In a head to head matchup, there is a very real possibility that Trump could defeat Clinton. So that is why the elite feel that they have to make a move.
But we probably will not find out the identity of the third party candidate until some time in June at the earliest. In fact, a source that is involved in this third party effort told CBS News “not to expect an announcement for a couple of weeks.”
So for the moment, we will wait.
But without a doubt, there appears to be a unique opportunity for a third party candidate in this election cycle. A whole host of recent polls and surveys have shown that the American people are not pleased with either party at this point and that most Americans would like to see an alternative choice to either Clinton or Trump. The following comes from the New York Times…
The survey also found evidence of overwhelming interest in the presidential contest, although less than a quarter of Americans say they’re excited about it.
Worse, 55 percent of Americans, including 60 percent of Republicans and 53 percent of Democrats, say they feel helpless about the 2016 election. And two-thirds of Americans under 30 report feeling helpless.
“I am despondent,” said Cserbak. “I wouldn’t say I feel totally helpless. I do have a vote.”
Of course no matter who runs as a third party candidate, there is no way in the world that individual will win. Any third party candidate will simply play the role of spoiler, and will throw the election one way or the other.
I understand that a lot of people out there are very excited about Trump. And it would be very nice to think that the American people could actually elect a president that is not controlled by the elite.
But that is not how the real world works, and over the next several months we are going to get a very clear lesson in power politics.
If necessary, the elite will move heaven and earth if that is what it takes to keep Donald Trump out of the White House. Anyone that would suggest otherwise simply doesn’t understand how the game is played.
The elite are fleeing major cities around the globe at a staggering rate. In fact, the Chicago Tribune is reporting that approximately 3,000 millionaires left the city of Chicago alone during 2015. The same study discussed in that Chicago Tribune article found that 7,000 millionaires left Paris, France last year. So why is this happening? Why are thousands of millionaires suddenly packing up and moving away from the big cities? Could it be possible that they have many of the same concerns that “preppers” do about what is coming?
For quite a while, I have been writing about how the elite have been preparing for the coming collapse. But I had no idea that literally thousands of them are packing up and permanently leaving our major cities. As I mentioned above, the Chicago Tribune is reporting that about 3,000 of them left the city of Chicago alone during the previous calendar year…
Millionaires are leaving Chicago more than any other city in the United States on a net basis, according to a new report.
About 3,000 individuals with net assets of $1 million or more, not including their primary residence, moved from the city last year, with many citing rising racial tensions and worries about crime as factors in the decision, according to research firm New World Wealth.
But of course this is not just happening in Chicago, nor is it just an American phenomenon.
The French city lost 7,000, or 6 percent, of its millionaires, followed by Rome, which lost 5,000, or 7 percent.
It is true that some of these millionaires are moving for tax reasons, but many others are quite concerned that humanity is hurtling toward a deeply apocalyptic future, and they want to get prepared for what is about to happen while they still have time.
In eastern Germany, one company known as “Vivos” has spent an enormous amount of money converting an underground facility built by the Soviets during the Cold War into the largest private shelter on the planet. It is called “Europa One”, and it is being billed as an ultra-luxury survival bunker for the elite.
Located in the heart of Europe is one of the most fortified and massive underground survival shelters on Earth, deep below a limestone mountain. Built by the Soviets during the Cold War, this shelter was a fortress for military equipment and munitions. Now privately owned, this 76 acre above and below ground hardened facility is capable of withstanding a substantial close range nuclear blast, a direct airliner crash, biological and chemical agents, massive shock waves, earthquakes, electro-magnetic pulses, and virtually any armed attack.
This irreplaceable complex is now being re-tasked as Vivos Europa One, becoming the world’s largest and most fortified underground shelter for long-term, uncompromising protection of high net worth individuals, their families, and most precious assets when no other above-ground exfiltration solution will suffice.
The complex includes over 21,108 square meters (227,904 square feet) of secured, blast proof living areas; and, an additional 4,079 square meters (43,906 square feet) of above-ground office, apartments, warehouse buildings, and its own train depot. Collectively there are over 5 kilometers (3.1 miles) of continuous tunnel chambers.
An RT report that was posted on YouTube right here contains some stunning visuals from the inside of this facility. Personally, I was quite stunned when I saw the extent of their preparations for the first time…
As I was preparing for this article, I remembered something that Zero Hedge just reported that I think relates to this subject. It turns out that “the smart money” has been net sellers of U.S. stocks for 11 weeks in a row…
Last week, during which the S&P 500 was down 1.2%, BofAML clients were net sellers of US equities for the 11th consecutive week. Net sales of $1.7bn were smaller than in the prior week, but all three client groups (hedge funds, institutional clients, private clients) remained net sellers, led by institutional clients.
So why are the elite dumping stocks like crazy right now?
Don’t they realize that the stock market has been going up?
Could it be possible that they have information that the rest of us do not?
Most people have absolutely no idea how vulnerable our society truly is, or how very easy it would be to plunge the general population into a state of utter chaos.
That is why I am so glad that Mike Norris (the son of Chuck Norris) is coming out with his new movie entitled “AmeriGEDDON”. This film imagines a time when a global terror organization disables the U.S. power grid and martial law is instituted. Rioting, looting and civil unrest break out, and the government moves in to disarm the citizens and “restore order”. You can watch the official trailer for this new film right here…
Could we actually witness such a scenario in our future?
Well, I don’t expect to see anything like this next month, but in my new book I explain why I believe that America is heading for a future that is even more apocalyptic than the one portrayed in “AmeriGEDDON”.
Many people believe that we are entering a period of time when an unprecedented confluence of events will combine to create a “perfect storm” which will shake the world to the core.
And it isn’t just “preppers” that feel this way. As you have just seen, thousands of millionaires are so concerned about changing conditions that they are fleeing the major cities.
So before you dismiss all of this apocalyptic talk as “nonsense”, perhaps you may want to consider what the elite may know that you do not.
*About the author: Michael Snyder is the founder and publisher of The Economic Collapse Blog. Michael’s controversial new book about Bible prophecy entitled “The Rapture Verdict” is available in paperback and for the Kindle on Amazon.com.*
Why are the global elite buying extremely remote compounds that come with their own private airstrips in the middle of nowhere on the other side of the planet? And why did they start dumping stocks like crazy earlier this year? Do they know something that the rest of us don’t? The things that I am about to share with you are quite alarming. It appears that the global elite have a really good idea of what is coming, and they have already taken substantial steps to prepare for it. Sadly, most of the general population is absolutely clueless about the financial collapse that is about to take place, and thus most of them will be completely blindsided by it.
As I discussed the other day, the only way that you make money in the stock market is if you get out in time. The elite understand this very well, and that is why they have been dumping stocks for months. This is something that has even been reported in the mainstream news. For example, this comes from a CNBC article that was published on June 16th…
The so-called smart money is pulling back from market risk, with fund managers taking down exposure to stocks, increasing cash holdings and buying protection against a sharp selloff.
Did the “smart money” know what was about to happen? Since the peak of the market, the Dow has already lost more than 2200 points. All of the gains since the end of the 2013 calendar year have already been completely wiped out.
And of course the truth is that you didn’t really need any inside information to see that it was time to get out. I have been warning my readers for months about what was coming. The signs have been clear as a bell if you were willing to look at them. Just consider the following excerpt from a recent piece by Michael Pento…
Earlier in the year margin debt had risen over $30 billion or 6.5% to $507 billion and was equal to a record 2.87% of U.S. GDP. This surpasses the previous all-time high of 2.78% set in March 2000 – the top of the last largest stock market bubble in history.
And despite the assurance of every mutual fund manager on TV that they have boatloads of cash ready to deploy at these “discounted” levels, in early August cash levels at mutual funds sank to their lowest level in history, 3.2% (see chart below). As a percentage of stock market capitalization, fund cash levels are also nearing the record low set in 2000 when the NASDAQ peaked and subsequently crashed by around 80%.
The financial markets are absolutely primed for a major crash, and when that happens many among the elite will be hightailing it to the middle of nowhere.
Robert Johnson, president of the Institute of New Economic Thinking, told people at the World Economic Forum in Davos that many hedge fund managers were already planning their escapes.
He said: “I know hedge fund managers all over the world who are buying airstrips and farms in places like New Zealand because they think they need a getaway.”
Keep in mind that these are not just some rumors that Robert Johnson has heard. These are people that he knows personally and that he interacts with regularly.
And Robert Johnson was not alone in this assessment. Here is more from the Mirror…
His comments were backed up by Stewart Wallis, executive director of the New Economics Foundation, who when asked about the comments told CNBC Africa: “Getaway cars, the airstrips in New Zealand and all that sort of thing, so basically a way to get off.
“If they can get off, onto another planet, some of them would.”
For some reason, the global elite seem to have a particular affinity for New Zealand. Perhaps it is because of the great natural beauty of the nation combined with the fact that it is in the middle of nowhere. The following comes from the Daily Mail…
New Zealand, which is about the size of the UK, but has a population of just 4.4 million, offers them all the modern luxuries they have come to expect – but miles from any country which may implode into chaos.
The country is 11,658 miles away from the UK, while its closest neighbour is Fiji – 1,612 miles away, more than double the distance between Lands End and John O’Groats.
Homes at the top end of the market come with tennis courts, swimming pools and media rooms – and some even boast their own personal jetties where a family can moor their boat.
But the icing on the cake for those looking to make a quick escape comes in the form of private helipads or, better, your own airstrip.
For most of us, buying a luxury bolthole with a private airstrip in New Zealand is not a possibility.
But we should all be getting prepared.
I have a contact in the food industry that has told me that her company’s sales have “been through the roof” over the past 10 days as people stock up for what is coming. In fact, she even used the word “panic” to describe what was happening.
And Americans have been buying a record number of guns as well…
Newly released August records show that the FBI posted 1.7 million background checks required of gun purchasers at federally licensed dealers, the highest number recorded in any August since gun checks began in 1998. The numbers follow new monthly highs for June (1.5 million) and July (1.6 million), a period which spans a series of deadly gun attacks — from Charleston to Roanoke — and proposals for additional firearm legislation.
For a very long time, I have been warning my readers to get prepared.
Well, now we are getting so close that panic is starting to set in.
Hopefully you are already well prepared for what is about to happen. If not, you need to kick your prepping into overdrive.
These next few months are going to change everything. Get ready while you still can.
Everywhere you look, Americans appear to be extremely obsessed with wealth and money. These days, networks such as CNN endlessly run “news stories” with titles such as “Best cars for the super rich“. We have television shows where people proudly show off how wealthy they are, and it seems like Hollywood is putting out an endless parade of movies that glorify the lifestyles of the elite. We have hordes of motivational speakers and “life coaches” that will teach you how to be “more successful” in life, and every small movement in the stock market is carefully monitored by the mainstream news media. Even in the world of faith, we have an entire class of ministers known as “prosperity preachers”, and many of those ministers wear that label quite proudly. Yes, those that grew up in the 1980s may have been the “greed is good” generation, but the truth is that they didn’t have anything on us. As a society we love money, and we are not ashamed to admit it. In fact, there are times we absolutely revel in it. For example, Time Magazine published an article this year entitled “Science Proves It: Greed Is Good” and hardly anyone even raised an eyebrow. But where will America’s sick obsession with wealth and money end? Could it end up destroying us?
I got the idea for this article when I was browsing through CNN’s website. The following are eight “news stories” about wealth that were featured on CNN just on Thursday alone…
It has been said that we tend to talk about the things that we are obsessed with.
And CNN is clearly obsessed with wealth.
Not that there is anything wrong with having money.
If none of us had any money, we would all be homeless and starving. So the truth is that money can be very useful. But when it becomes an idol, that is when it becomes a problem.
And because we have taught entire generations of Americans that becoming wealthy is one of the primary goals in life, it is creating a tremendous amount of envy, jealousy, frustration and anger among those that have not been able to become wealthy.
In recent years, the level of bitterness and resentment that the rest of the nation has toward the very wealthy has risen to an unprecedented level. It has become exceedingly apparent that the system is designed to funnel wealth to the very top of the food chain, and many of those at the bottom of the food chain are starting to become extremely upset about this.
Since the last financial crisis, almost all of the income gains have gone to the top one percent of all income earners. The following comes from a recent Huffington Post article…
Economic statistics show that incomes for the top 1 percent of U.S. households soared 31 percent from 2009 through 2012, after adjusting for inflation, yet inched up an average of 0.4 percent for those making less. Many economists are sounding alarms that the income gap, greater now than at any time since the Depression, is hurting the economy by limiting growth in consumer spending.
And income inequality has become such a hot topic that it has even produced a New York Times bestseller by a French economist named Thomas Piketty. This is what CBS News recently had to say about his book…
His book has landed on that debate like a bomb. Piketty’s thesis: that the rate of return on capital, such as real estate, dividends and other financial assets, is racing away from the rate of growth required to maintain a healthy economy. If that trend continues for an extended period of time — if wealth becomes ever more concentrated in the hands of a few — then inequality is likely to get worse, says Piketty, 43, who started his academic career as an assistant professor at the Massachusetts Institute of Technology and who now teaches at the Paris School of Economics.
Another reason “Capital” has caught the public’s attention is that inequality is evident in what are by now a host of familiar symptoms. Stagnant pay, except among the super-rich. Soaring health care and education costs. The diminished expectations commonly found in young, especially those lacking college degrees, and old alike, as retirement becomes something to endure rather than to enjoy.
On a global scale, the wealthiest one percent now have 65 times more wealth than the entire poorest half of the global population does.
That is an astounding figure.
Most people don’t realize this, but the ultra-wealthy have approximately 32 trillion dollars (that we know about) stashed in offshore banks around the planet. That amount of money would almost be about enough to pay off the entire U.S. national debt and buy every good and service produced in the United States for an entire year.
Meanwhile, the poorest half of the world’s population only owns about 1 percent of all global wealth, and about a billion people throughout the world go to bed hungry every night.
If greed was going to save the world, it would have done it by now. At this point, the wealthy have accumulated more wealth than they ever have before. For example, according to Zero Hedge the total amount of wealth in the U.S. has just hit a brand new record high…
Earlier today the Fed released its latest Flow of Funds report, which showed that in the first quarter household net worth rose from last quarter’s $80.3 trillion to a new record high of $81.8 trillion, driven by a $1.5 trillion increase in total assets while household liabilities were virtually unchanged in the quarter. And since the Fed is onboarding all the liabilities why should households bother with debt: that’s what the central bank balance sheet is for.
As for the proceeds, they go to the mega rich: of the $81.8 trillion in net worth, 70.4% of the total amount or $67.2 trillion, was in financial assets: the higest it has ever been courtesy of just one person: Ben Bernanke, and to a far lesser extent Janet Yellen who however is tasked with picking up Bernanke’s pieces.
But of course most people who are rich are only rich on paper.
As noted above, 67.2 trillion dollars of the total of 81.8 trillion dollars of wealth in this nation is made up of financial assets.
Does a shadowy group of obscenely wealthy elitists control the world? Do men and women with enormous amounts of money really run the world from behind the scenes? The answer might surprise you. Most of us tend to think of money as a convenient way to conduct transactions, but the truth is that it also represents power and control. And today we live in a neo-fuedalist system in which the super rich pull all the strings. When I am talking about the ultra-wealthy, I am not just talking about people that have a few million dollars. As you will see later in this article, the ultra-wealthy have enough money sitting in offshore banks to buy all of the goods and services produced in the United States during the course of an entire year and still be able to pay off the entire U.S. national debt. That is an amount of money so large that it is almost incomprehensible. Under this ne0-feudalist system, all the rest of us are debt slaves, including our own governments. Just look around – everyone is drowning in debt, and all of that debt is making the ultra-wealthy even wealthier. But the ultra-wealthy don’t just sit on all of that wealth. They use some of it to dominate the affairs of the nations. The ultra-wealthy own virtually every major bank and every major corporation on the planet. They use a vast network of secret societies, think tanks and charitable organizations to advance their agendas and to keep their members in line. They control how we view the world through their ownership of the media and their dominance over our education system. They fund the campaigns of most of our politicians and they exert a tremendous amount of influence over international organizations such as the United Nations, the IMF, the World Bank and the WTO. When you step back and take a look at the big picture, there is little doubt about who runs the world. It is just that most people don’t want to admit the truth.
The ultra-wealthy don’t run down and put their money in the local bank like you and I do. Instead, they tend to stash their assets in places where they won’t be taxed such as the Cayman Islands. According to a report that was released last summer, the global elite have up to 32 TRILLION dollars stashed in offshore banks around the globe.
U.S. GDP for 2011 was about 15 trillion dollars, and the U.S. national debt is sitting at about 16 trillion dollars, so you could add them both together and you still wouldn’t hit 32 trillion dollars.
And of course that does not even count the money that is stashed in other locations that the study did not account for, and it does not count all of the wealth that the global elite have in hard assets such as real estate, precious metals, art, yachts, etc.
The global elite have really hoarded an incredible amount of wealth in these troubled times. The following is from an article on the Huffington Post website…
Rich individuals and their families have as much as $32 trillion of hidden financial assets in offshore tax havens, representing up to $280 billion in lost income tax revenues, according to research published on Sunday.
The study estimating the extent of global private financial wealth held in offshore accounts – excluding non-financial assets such as real estate, gold, yachts and racehorses – puts the sum at between $21 and $32 trillion.
The research was carried out for pressure group Tax Justice Network, which campaigns against tax havens, by James Henry, former chief economist at consultants McKinsey & Co.
He used data from the World Bank, International Monetary Fund, United Nations and central banks.
But as I mentioned previously, the global elite just don’t have a lot of money. They also basically own just about every major bank and every major corporation on the entire planet.
According to an outstanding NewScientist article, a study of more than 40,000 transnational corporations conducted by the Swiss Federal Institute of Technology in Zurich discovered that a very small core group of huge banks and giant predator corporations dominate the entire global economic system…
The researchers found that this core group consists of just 147 very tightly knit companies…
When the team further untangled the web of ownership, it found much of it tracked back to a “super-entity” of 147 even more tightly knit companies – all of their ownership was held by other members of the super-entity – that controlled 40 per cent of the total wealth in the network. “In effect, less than 1 per cent of the companies were able to control 40 per cent of the entire network,” says Glattfelder. Most were financial institutions. The top 20 included Barclays Bank, JPMorgan Chase & Co, and The Goldman Sachs Group.
The following are the top 25 banks and corporations at the heart of this “super-entity”. You will recognize many of the names on the list…
1. Barclays plc
2. Capital Group Companies Inc
3. FMR Corporation
5. State Street Corporation
6. JP Morgan Chase & Co
7. Legal & General Group plc
8. Vanguard Group Inc
9. UBS AG
10. Merrill Lynch & Co Inc
11. Wellington Management Co LLP
12. Deutsche Bank AG
13. Franklin Resources Inc
14. Credit Suisse Group
15. Walton Enterprises LLC
16. Bank of New York Mellon Corp
18. Goldman Sachs Group Inc
19. T Rowe Price Group Inc
20. Legg Mason Inc
21. Morgan Stanley
22. Mitsubishi UFJ Financial Group Inc
23. Northern Trust Corporation
24. Société Générale
25. Bank of America Corporation
The ultra-wealthy elite often hide behind layers and layers of ownership, but the truth is that thanks to interlocking corporate relationships, the elite basically control almost every Fortune 500 corporation.
The amount of power and control that this gives them is hard to describe.
Unfortunately, this same group of people have been running things for a very long time. For example, New York City Mayor John F. Hylan said the following during a speech all the way back in 1922…
The real menace of our Republic is the invisible government, which like a giant octopus sprawls its slimy legs over our cities, states and nation. To depart from mere generalizations, let me say that at the head of this octopus are the Rockefeller-Standard Oil interests and a small group of powerful banking houses generally referred to as the international bankers. The little coterie of powerful international bankers virtually run the United States government for their own selfish purposes.
They practically control both parties, write political platforms, make catspaws of party leaders, use the leading men of private organizations, and resort to every device to place in nomination for high public office only such candidates as will be amenable to the dictates of corrupt big business.
These international bankers and Rockefeller-Standard Oil interests control the majority of the newspapers and magazines in this country. They use the columns of these papers to club into submission or drive out of office public officials who refuse to do the bidding of the powerful corrupt cliques which compose the invisible government. It operates under cover of a self-created screen [and] seizes our executive officers, legislative bodies, schools, courts, newspapers and every agency created for the public protection.
These international bankers created the central banks of the world (including the Federal Reserve), and they use those central banks to get the governments of the world ensnared in endless cycles of debt from which there is no escape. Government debt is a way to “legitimately” take money from all of us, transfer it to the government, and then transfer it into the pockets of the ultra-wealthy.
Today, Barack Obama and almost all members of Congress absolutely refuse to criticize the Fed, but in the past there have been some brave members of Congress that have been willing to take a stand. For example, the following quote is from a speech that Congressman Louis T. McFadden delivered to the U.S. House of Representatives on June 10, 1932…
Mr. Chairman, we have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks. The Federal Reserve Board, a Government board, has cheated the Government of the United States and the people of the United States out of enough money to pay the national debt. The depredations and iniquities of the Federal Reserve Board has cost this country enough money to pay the national debt several times over. This evil institution has impoverished and ruined the people of the United States, has bankrupted itself, and has practically bankrupted our Government. It has done this through the defects of the law under which it operates, through the maladministration of that law by the Federal Reserve Board, and through the corrupt practices of the moneyed vultures who control it.
Sadly, most Americans still believe that the Federal Reserve is a “federal agency”, but that is simply not correct. The following comes from factcheck.org…
The stockholders in the 12 regional Federal Reserve Banks are the privately owned banks that fall under the Federal Reserve System. These include all national banks (chartered by the federal government) and those state-chartered banks that wish to join and meet certain requirements. About 38 percent of the nation’s more than 8,000 banks are members of the system, and thus own the Fed banks.
According to researchers that have looked into the ownership of the big Wall Street banks that dominate the Fed, the same names keep coming up over and over: the Rockefellers, the Rothschilds, the Warburgs, the Lazards, the Schiffs and the royal families of Europe.
But ultra-wealthy international bankers have not just done this kind of thing in the United States. Their goal was to create a global financial system that they would dominate and control. Just check out what Georgetown University history professor Carroll Quigley once wrote…
[T]he powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations.
Sadly, most Americans have never even heard of the Bank for International Settlements, but it is at the very heart of the global financial system. The following is from Wikipedia…
As an organization of central banks, the BIS seeks to make monetary policy more predictable and transparent among its 58 member central banks. While monetary policy is determined by each sovereign nation, it is subject to central and private banking scrutiny and potentially to speculation that affects foreign exchange rates and especially the fate of export economies. Failures to keep monetary policy in line with reality and make monetary reforms in time, preferably as a simultaneous policy among all 58 member banks and also involving the International Monetary Fund, have historically led to losses in the billions as banks try to maintain a policy using open market methods that have proven to be based on unrealistic assumptions.
The ultra-wealthy have also played a major role in establishing other important international institutions such as the United Nations, the IMF, the World Bank and the WTO. In fact, the land for the United Nations headquarters in New York City was purchased and donated by John D. Rockefeller.
The international bankers are “internationalists” and they are very proud of that fact.
The elite also dominate the education system in the United States. Over the years, the Rockefeller Foundation and other elitist organizations have poured massive amounts of money into Ivy League schools. Today, Ivy League schools are considered to be the standard against which all other colleges and universities in America are measured, and the last four U.S. presidents were educated at Ivy League schools.
The elite also exert a tremendous amount of influence through various secret societies (Skull and Bones, the Freemasons, etc.), through some very powerful think tanks and social clubs (the Council on Foreign Relations, the Trilateral Commission, the Bilderberg Group, the Bohemian Grove, Chatham House, etc.), and through a vast network of charities and non-governmental organizations (the Rockefeller Foundation, the Ford Foundation, the World Wildlife Fund, etc.).
But for a moment, I want to focus on the power the elite have over the media. In a previous article, I detailed how just six monolithic corporate giants control most of what we watch, hear and read every single day. These giant corporations own television networks, cable channels, movie studios, newspapers, magazines, publishing houses, music labels and even many of our favorite websites.
Considering the fact that the average American watches 153 hours of television a month, the influence of these six giant corporations should not be underestimated. The following are just some of the media companies that these corporate giants own…
Home Box Office (HBO)
Turner Broadcasting System, Inc.
Warner Bros. Entertainment Inc.
CW Network (partial ownership)
New Line Cinema
Time Warner Cable
ABC Television Network
Buena Vista Home Entertainment
Buena Vista Theatrical Productions
Buena Vista Records
Walt Disney Pictures
Pixar Animation Studios
Buena Vista Games
Paramount Home Entertainment
Black Entertainment Television (BET)
Country Music Television (CMT)
Nick at Nite
The Movie Channel
Dow Jones & Company, Inc.
Fox Television Stations
The New York Post
Fox Searchlight Pictures
Fox Business Network
Fox Kids Europe
Fox News Channel
Fox Sports Net
Fox Television Network
My Network TV
News Limited News
Phoenix InfoNews Channel
Phoenix Movies Channel
STAR TV India
STAR TV Taiwan
Times Higher Education Supplement Magazine
Times Literary Supplement Magazine
Times of London
20th Century Fox Home Entertainment
20th Century Fox International
20th Century Fox Studios
20th Century Fox Television
The Wall Street Journal
Fox Broadcasting Company
Fox Interactive Media
The National Geographic Channel
National Rugby League
Sky Radio Denmark
Sky Radio Germany
Sky Radio Netherlands
CBS Television Network
CBS Radio Inc. (130 stations)
CBS Consumer Products
CW Network (50% ownership)
Simon & Schuster (Pocket Books, Scribner)
Westwood One Radio Network
NBC Television Network
Syfy (Sci Fi Channel)
NBC Universal Television Distribution
NBC Universal Television Studio
Paxson Communications (partial ownership)
Universal Parks & Resorts
Universal Studio Home Video
And of course the elite own most of our politicians as well. The following is a quote from journalist Lewis Lapham…
“The shaping of the will of Congress and the choosing of the American president has become a privilege reserved to the country’s equestrian classes, a.k.a. the 20% of the population that holds 93% of the wealth, the happy few who run the corporations and the banks, own and operate the news and entertainment media, compose the laws and govern the universities, control the philanthropic foundations, the policy institutes, the casinos, and the sports arenas.”
Have you ever wondered why things never seem to change in Washington D.C. no matter who we vote for?
Well, it is because both parties are owned by the establishment.
It would be nice to think that the American people are in control of who runs things in the U.S., but that is not how it works in the real world.
Our politicians are not stupid – they are going to be very good to the people that can give them the giant piles of money that they need for their campaigns. And the people that can do that are the ultra-wealthy and the giant corporations that the ultra-wealthy control.
Are you starting to get the picture?
There is a reason why the ultra-wealthy are referred to as “the establishment”. They have set up a system that greatly benefits them and that allows them to pull the strings.
“For more than a century, ideological extremists at either end of the political spectrum have seized upon well-publicized incidents such as my encounter with Castro to attack the Rockefeller family for the inordinate influence they claim we wield over American political and economic institutions. Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as ‘internationalists’ and of conspiring with others around the world to build a more integrated global political and economic structure — one world, if you will. If that is the charge, I stand guilty, and I am proud of it.”
There is so much more that could be said about all of this. In fact, an entire library of books could be written about the power and the influence of the ultra-wealthy international bankers that run the world.
But hopefully this is enough to at least get some conversations started.
So what do you think about all of this? Please feel free to post a comment with your thoughts below…