Showing posts with label Rothschild. Show all posts
Showing posts with label Rothschild. Show all posts

Monday, January 18, 2010

Rothschilds & Rockefellers: Trillionaires Of The World

New World Order
Infowars.com
January 17, 2010

“Money is Power”, or shall we say, “The Monopoly to Create Credit Money and charge interest is Absolute Power”. (Alex James)

Amsel (Amschel) Bauer Mayer Rothschild, 1838:

“Let me issue and control a Nation’s money and I care not who makes its laws”.

Letter written from London by the Rothschilds to their New York agents introducing their banking method into America: “The few who can understand the system will be either so interested in its profits, or so dependent on its favours, that there will be no opposition from that class, while, on the other hand, that great body of people, mentally incapable of comprehending the tremendous advantage that Capital derives from the system, will bear its burden without complaint and, perhaps, without even suspecting that the system is inimical to their interests.”

Nathan Rothschild said to the Commons Secret Committee on the question early in 1819: “In what line of business are you? – Mostly in the foreign banking line. “Have the goodness to state to the Committee in detail, what you conceive would be the consequence of an obligation imposed upon the Bank [of England, which he owned] to resume cash payments at the expiration of a year from the present time? – I do not think it can be done without very great distress to this country; it would do a great deal of mischief; we may not actually know ourselves what mischief it might cause. “Have the goodness to explain the nature of the mischief, and in what way it would be produced? – Money will be so very scarce, every article in this country will fall to such an enormous extent, that many persons will be ruined.”

The director of the Prussian Treasury wrote on a visit to London that Nathan Rothschild had as early as 1817: “.., incredible influence upon all financial affairs here in London. It is widely stated.., that he entirely regulates the rate of exchange in the City. His power as a banker is enormous”.

Austrian Prince Mettemich’s secretary wrote of the Rothschilds, as early as 1818, that: “… they are the richest people in Europe.”

Referring to James Rothschild, the poet Heinrich Heine said: “Money is the god of our times, and Rothschild is his prophet.”

James Rothschild built his fabulous mansion, called Ferrilres, 19 miles north-east of Paris. Wilhelm I, on first seeing it, exclaimed: “Kings couldn’t afford this. It could only belong to a Rothschild!”

Author Frederic Morton wrote that the Rothschilds had: “conquered the World more thoroughly, more cunningly, and much more lastingly than all the Caesars before…”

As Napoleon pointed out: “Terrorism, War & Bankruptcy are caused by the privatization of money, issued as a debt and compounded by interest “- he cancelled debt and interest in France – hence the Battle of Waterloo.

Some writers have claimed that Nathan Rothschild “warned that the United States would find itself involved in a most disastrous war if the bank’s charter were not renewed.” (do you see the similarities here? If you don’t play the game an economic disaster will fall on you and you will be destroyed.)

“There is but one power in Europe and that is Rothschild.” 19th century French commentator.

Lord Rothschild (Rockefellers and Rothschilds’ relatives) in his book The Shadow of a Great Man quotes a letter sent from Davidson on June 24, 1814 to Nathan Rothschild, “As long as a house is like yours, and as long as you work together with your brothers, not a house in the world will be able to compete with you, to cause you harm or to take advantage of you, for together you can undertake and perform more than any house in the world.” The closeness of the Rothschild brothers is seen in a letter from Soloman (Salmon) Rothschild to his brother Nathan on Feb. 28, 1815, “We are like the mechanism of a watch: each part is essential.” (2) This closeness is further seen in that of the 18 marriages made by Mayer Amschel Rothschild’s grandchildren – 16 were contracted between first cousins.

“Centralisation of credit in the hands of the state, by means of a national bank with state capital and an exclusive monopoly.” The Communist Manifesto. In the case of the Bolshevik revolution, Rothschilds/ Rockefellers’ Chase Bank owned the state. In the US, the FED owners “own” the state.

Rothschilds’ favorite saying who along with the Rockefellers are the major Illuminati Banking Dynasties: “Who controls the issuance of money controls the government!”

Nathan Rothschild said (1777-1836): “I care not what puppet is placed on the throne of England to rule the Empire. The man who controls Britain’s money supply controls the British Empire and I control the British money supply.”

Rockefeller is reported to have said: “Competition is a sin”. “Own nothing. Control everything”. Because he wants to centralize control of everything and enslave us all, i.e. the modern Nimrod or Pharaoh.

The Rothschild were behind the colonization and occupations of India and the Rothschild owned British Petroleum was granted unlimited rights to all offshore Indian oil, which is still valid till this day.

“Give me the control of the credit of a nation, and I care not who makes the laws.” The famous boastful statement of Nathaniel Meyer Rothschild, speaking to a group of international bankers, 1912: “The few who could understand the system (cheque, money, credits) will either be so interested in its profits, or so dependent on its favours, that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear its burdens without complaint, and perhaps without even suspecting that the system is inimical to their interests.” The boastful statement by Rothschild Bros. of London.

These people are the top masterminds and conspired for the creation of illegal FEDERAL RESERVE BANK in 1913: Theodore Roosevelt, Paul Warburg – Representative Of Rothschild, Woodrow Wilson – U.S. President Signed FED Into Act, Nelson W. Aldrich – Representative Of Rockefeller, Benjamin Strong – Representative Of Rockefeller, Frank A. Vanderlip – Representative Of Rockefeller, John D. Rockefeller – Rockefeller Himself, Henry Davison – Representative Of J. P. Morgan, Charles Norton – Representative Of J. P. Morgan.

In the last century, members of the British Fabian Society dynastic banking families in the City of London financed the Communist takeover of Russia. Trotsky in his biography refers to some of the loans from these British financiers going back as far as 1907. By 1917 the major subsidies and funding for the Bolshevik Revolution were co-ordinated and arranged by Sir George Buchanan and Lord Alfred Milner. [no doubt using money from Cecil Rhodes' South African gold and diamond legacy - Ed] The Communist system in Russia was a “British experiment” designed ultimately to become the Fabian Socialist model for the British takeover of the World through the UN and EU. The British plan to takeover the World and bring in a “New World Order” began with the teachings of John Ruskin and Cecil Rhodes at Oxford University. Rhodes in one of his wills in 1877 left his vast fortune to Lord Nathan Rothschild as trustee to set up the Rhodes Scholarship Program at Oxford to indoctrinate promising young graduates for the purpose, and also establish a secret society [Royal Institute of International Affairs RIIA, which branched into the Round Table, the Bilderbergers, the CFR, the Trilateral, etc -- Ed] for leading business and banking leaders around the World who would work for the City to bring in their Socialist World government.

Rothschild appointed Lord Alfred Milner to implement the plan.

Benjamin Freedman (Friedman) said this in 1961, Washington (he was a millionaire insider in international Zionist organizations, friend to 4 US presidents, and was also part of the 117-man strong Zionist delegation at the signing of the Treaty of Versailles in 1919 where Germany was forced into bankruptcy to the Zionist BankLords and social chaos): “Two years into WW1, Germany, which was then winning the war, offered Britain and France a negotiated peace deal, but German Zionist groups seeing the opportunity made a deal with Britain to get the United States into the war if Britain promised to give the Zionists Palestine.”

In other words, they made this deal: “We will get the United States into this war as your ally. The price you must pay us is Palestine after you have won the war and defeated Germany, Austria-Hungary, and Turkey.” They made that promise, in October of 1916. And shortly after that — I don’t know how many here remember it — the United States, which was almost totally pro-German because the newspapers and mass communications media here were controlled by the Zionist bankers who owned the major commercial banks and the 12 Federal Reserve Banks (the original Stockholders of the Federal Reserve Banks in 1913 were the Rockefeller’ s, JP Morgan, Rothschild’s, Lazard Freres, Schoellkopf, Kuhn-Loeb, Warburgs, Lehman Brothers and Goldman Sachs, all with roots in Germany’s Zionists like the British Royal family, J.P. Morgan, Carnegie, Bush, Rumsfeld, Clintons, the Nazis that were brought into the CIA, etc. http://land.netonecom.net/tlp/ref/federal_reserve.shtml ) and they were pro-German because they wanted to use Germany to destroy the Czar of Russia and let the Communists whom they funded take over. The German Zionist bankers — Rothschilds, Rockefeller, Kuhn Loeb and the other big banking firms in the United States refused to finance France or England to the extent of one dollar. They stood aside and they said: “As long as France and England are tied up with Russia, not one cent!” They poured money into Germany, fighting with Germany against Russia, to lick the Czarist regime. The newspapers had been all pro-German, where they’d been telling the people of the difficulties that Germany was having fighting Great Britain commercially and in other respects, then after making the deal with the British for Palestine, all of a sudden the Germans were no good. They were villains. They were Huns. They were shooting Red Cross nurses. They were cutting off babies’ hands. And they were no good. The Zionists in London sent cables to the US, to Justice Brandeis: “Go to work on President Wilson. We’re getting from England what we want. Now you go to work, and you go to work on President Wilson and get the US into the war.” And that did happen. Shortly after President Woodrow Wilson declared war on Germany.

The power of the Rothschild family was evidenced on 24 Sept 2002 when a helicopter touched down on the lawn of Waddedson Manor, their ancestral home in Buckinghamshire, England. Out of the helicopter strode Warren Buffet, – touted as the second richest man in the World but really a lower ranking player- and Arnold Schwarzenegger (the gropinator), at that time a candidate for the Governorship of California. Also in attendance at this two day meeting of the World’s most powerful businessmen and financiers hosted by Jacob Rothschild were James Wolfensohn, president of the World Bank and Nicky Oppenheimer, chairman of De Beers. Arnold went on to secure the governorship of one of the biggest economies on the planet a year later. That he was initiated into the ruling class in the Rothschilds’ English country manor suggests that the centre of gravity of the three hundred trillion dollar cartel is in the U.K. and Europe not the U.S.

A recent article in the London Financial Times indicates why it is impossible to gain an accurate estimate of the wealth of the trillionaire bankers. Discussing the sale of Evelyn Rothschild’s stake in Rothschild Continuation Holdings, it states: …[this] requires agreement on the valuation of privately held assets whose value has never been tested in a public market. Most of these assets are held in a complex network of tax-efficient structures around the World.

Queen Elizabeth II’s shareholdings remain hidden behind Bank of England Nominee accounts. The Guardian newspaper reported in May 2002 … “the reason for the wild variations in valuations of her private wealth can be pinned on the secrecy over her portfolio of share investments. This is because her subjects have no way of knowing through a public register of interests where she, as their head of state, chooses to invest her money. Unlike the members of the Commons and now the Lords, the Queen does not have to annually declare her interests and as a result her subjects cannot question her or know about potential conflicts of interests…” In fact, the Queen even has an extra mechanism to ensure that her investments remain secret – a nominee company called the Bank of England Nominees. It has been available for decades to the entire World’s current heads of state to allow them anonymity when buying shares. Therefore, when a company publishes a share register and the Bank of England Nominees is listed, it is not possible to gauge whether the Queen, President Bush or even Saddam Hussein is the true shareholder.

By this method, the trillionaire masters of the universe remain hidden whilst Forbes magazine poses lower ranking billionaires like Bill Gates and Warren Buffett as the richest men in the World. Retired management consultant Gaylon Ross Sr, author of Who’s Who of the Global Elite, has been tipped from a private source that the combined wealth of the Rockefeller family in 1998 was approx (US) $11 trillion and the Rothschilds (U.S.) $100 trillion. However something of an insider’s knowledge of the hidden wealth of the elite is contained in the article, “Will the Dollar and America Fall Down on August 19?..” on page 1 of the 12th July 2001 issue of Russian newspaper Pravda. The newspaper interviewed Tatyana Koryagina, a senior research fellow in the Institute of Macroeconomic Researches subordinated to the Russian Ministry of Economic Development (Minekonom) on the subject of a recent conference concerning the fate of the U.S. economy:

Koryagina: The known history of civilization is merely the visible part of the iceberg. There is a shadow economy, shadow politics and also a shadow history, known to conspirologists. There are [unseen] forces acting in the World, unstoppable for [most powerful] countries and even continents.

Ashley Mote (EU): “Mr President, I wish to draw your attention to the Global Security Fund, set up in the early 1990s under the auspices of Jacob Rothschild. This is a Brussels-based fund and it is no ordinary fund: it does not trade, it is not listed and it has a totally different purpose. It is being used for geopolitical engineering purposes, apparently under the guidance of the intelligence services.” “I have previously asked about the alleged involvement of the European Union’s own intelligence resources in the management of slush funds in offshore accounts, and I still await a reply. To that question I now add another: what are the European Union’s connections to the Global Security Fund and what relationship does it have with European Union institutions? “Recently, Ashley Mote of the European Union (EU) asked this volatile question in a public EU meeting, a question never answered, as Mr. Mote, merely by asking this question, was immediately scratched from the White House Christmas card list and placed on its top ten hit list. The Illuminati’s cash cow, grazing freely on the World wide pasture of greenbacks, isn’t called “Elsie” but instead is called the Global Security Fund, a name actually meaning in the secret cult’s language Global Terrorist Fund. In simple terms, it’s a gigantic illegal trust fund, estimated by undercover overseas financial investigators at 65 trillion dollars, set-up for “Illuminati rainy days” and established when it is desperately needed in a pinch for bribery, assassinations and sponsoring World wide terrorist activities to divert attention from their banking mafia. Although the fund is cloaked in secrecy and made possible by the Western civilization’ s Federal Reserve banking system, investigators trying to pry into the Illuminati’s secret treasure trove have uncovered some interesting facts.

Monday, March 23, 2009

Rothschild: Economic crisis will leave governments with “enormous public debt”

EMportal
Press release
March 20, 2009

World renowned French banker and Chairmanof the Rothschild Group, David René James de Rothschild delivered a lecture titled “What Economic Crisis Teaches Us” on March 16, as part of the Megaron Plus series of events hosted by the Athens Concert Hall.

[efoods]David de Rothschild estimated that the global economic crisis will come to an end in 2010.

He also stressed that the first signs of recovery will be stock markets rising, but he warned that the crisis will leave the governments’ coffers with enormous public debt.

As far as the countries of Southeast Europe are concerned, Rothschild said that they are going to overcome today’s financial difficulties and continue to develop, emphasising the strategic importance of Greece’s investments in the region.

On the occasion of his visit in Athens, David de Rothschild also had a meeting with Prime Minister Kostas Karamanlis.

Saturday, January 31, 2009

Elite banker Edmund de Rothschild dies at 93

January 21, 2009

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Edmund De Rothschild, ex-chairman N M Rothschild and Son

Horticulturalist and reluctant banker who oversaw the modernisation of the family firm has died.

Telegraph | Jan 20, 2009

Edmund de Rothschild, who died on January 17 aged 93, was senior partner and then chairman of NM Rothschild & Sons, and a figure of international renown in horticulture, especially in the field of rhododendron and azalea plant hybridisation.

Having joined the family bank at New Court, in the City, in 1939, Eddy de Rothschild became its effective head in 1955, when his uncle Anthony suffered a severe stroke. A partner from 1947, he became senior partner in 1960 and chairman of the bank in 1970, when NMR became the last London accepting house to relinquish its private partnership status.

De Rothschild presided over the bank’s transition from a highly conservative family firm to a modern institution, and over the demolition and rebuilding of New Court. He opened the partnership to non-family members, beginning with David Colville, brother of Sir John Colville, Churchill’s private secretary.

He stepped down as chairman of NMR in 1975, to be succeeded briefly by his second cousin Victor, the 3rd Lord Rothschild, and then by his first cousin Evelyn (now Sir Evelyn) de Rothschild.

After his return from the Second World War in 1946, Eddy de Rothschild set about the restoration of Exbury Gardens in Hampshire, the 260-acre woodland garden created by his father Lionel in the 1920s and 1930s. The gardens had been greatly neglected since Lionel’s death in 1942.

Over the next 50 years he replanted some three-quarters of the acreage, and produced several dozen new rhododendron hybrids. He also developed the highly successful Solent Range of Exbury deciduous azaleas, which are noted for their strength and colour. In 1955 he opened Exbury Gardens to the public.

Well into his eighties, Eddy de Rothschild would hurtle around Exbury’s network of garden paths (designed to be wide enough for his father’s Armstrong-Siddeley) in a small car with the number plate NMR 1. He would stop the car to pass the time of day with the visitors, and liked to get out to hack off dead branches and blooms with a stout rhododendron-wood stave.

Edmund Leopold de Rothschild was born in London, at 46 Park Street, Mayfair, on January 2 1916, the first son of Lionel de Rothschild and a great-great-grandson of Nathan Mayer Rothschild, who established the English branch of the family, and the bank, in the early years of the 19th century.

Nathan Mayer was one of the five sons of Mayer Amschel Rothschild, the prosperous Frankfurt financier who looked after the financial affairs of the immensely rich Elector of Hesse-Kassel. Four of the sons left Germany and established banks in London, Paris, Vienna and Naples.

Nathan made a fortune in the Napoleonic era, smuggling gold bullion across Europe to pay Wellington’s troops. He set up an extensive network of agents and couriers, and it was via a Rothschild courier that in 1815 the news of Wellington’s victory at Waterloo first reached London. By the time of his death in 1836, Nathan was the richest man in Britain.

His eldest son, Baron Lionel de Rothschild, presided at New Court for more than 40 years. He underwrote the Irish Famine Loan and the Crimean War Loan, and in 1875 lent the British government the £4 million required to buy the Khedive of Egypt’s shares in the Suez Canal Company, in order to protect Britain’s sea route to India.

At the time of Eddy’s birth, his father was a junior partner of Rothschilds, and MP for Aylesbury. Eddy’s French-born mother, Marie-Louise Beer, was a great-great-niece of the composer Meyerbeer; her elder sister Nelly was married to Baron Robert de Rothschild, of the French branch of the family.

Young Master Eddy was brought up mostly at Exbury House, on the 2,600-acre estate his father acquired in late 1918, bounded by the New Forest, The Solent and the Beaulieu river. There were 30 indoor staff and, at one point, 60 gardeners. Eddy’s greatest childhood friend was his father’s head keeper, William Rattue, who later wrote to him every week during the war.

Butterfly collecting was an early, and enduring, passion, stimulated by de Rothschild’s kinsman Walter, the 2nd Lord Rothschild, the naturalist who schooled a team of zebra and gathered the largest collection of natural history specimens ever assembled by one man, at Tring Park, Hertfordshire.

Eddy was educated at Locker’s Park preparatory school, Harrow and Trinity College, Cambridge. At Locker’s Park he experienced anti-Semitism for the first time, and was so unhappy that he tried to throw himself from an upstairs window. Matron arrived in time to rescue him from the ledge.

At Harrow his school reports identified a tendency to hurry, which he was never altogether to master. At Cambridge he kept a horse – named Rosemary, after his sister – which he rode with the Cambridge drag, and steeplechasing at Cottenham races, wearing the Rothschilds’ blue and yellow silks.

He once lost a whole term’s allowance on an injudicious wager, but was bailed out by his cousin Victor with the loan of £100. He narrowly escaped being sent down when a university proctor caught him in charge of a Mercedes motor car he had been lent for the day by his friend the young Duke of Grafton.

Part of every summer holidays was spent cruising Europe’s coastline aboard his father’s ocean-going yachts, Rhodora I and II. Rhodora II, a magnificent, 800-ton vessel manned by a numerous crew, had a hold large enough to accommodate Lionel de Rothschild’s enormous Rolls-Royce.

After Cambridge, in 1937 de Rothschild was sent by his father on an 18-month tour around the world, of which he published an account as Window on the World (1949). He went big-game hunting in Africa, rode horseback over the Andes, and motored across the Northern Territories in Australia.

In French Indo-China, his friend and travelling companion Nicholas Fitzgerald died in his arms after a shooting accident (in which de Rothschild himself was not involved) when going after gaur. He pressed on to Burma, India and Afghanistan, calling, en route, on the Viceroy, Mahatma Gandhi and the great Parsee merchant Sir Byramjee Jeejeebhoy, of Readymoney Mansion, Bombay.

De Rothschild returned to England in May 1939, and worked at New Court until the outbreak of war in September, exclusively on German-Jewish refugee matters. In 1935 he had joined the Royal Bucks Yeomanry, a territorial regiment with which his family – several of whom had houses, including Mentmore, Waddesdon and Ascott, in the Vale of Aylesbury – had strong links. His father’s younger brother Evelyn had died from wounds sustained in the Bucks’ cavalry charge against the Turks at El-Mughar in Palestine in 1917.

In January 1940 the Bucks was among the first territorial regiments to join the British Expeditionary Force in France. De Rothschild, by then a first lieutenant, went with them, but due to recurring bouts of Staphylococcus aureus, a near-fatal blood infection in those days, he was not involved in the action.

As a battery-captain in the 77th Highland Field Regiment (RA), de Rothschild went to North Africa with 4 Division, in the First Army. He saw action at Oued Zarga, Banana Ridge and Peter’s Corner. At Cap Bon, after the Allied rout of Axis forces, he had to find supplies to feed 10,000 PoWs.

In early 1944 the regiment sailed to Italy, and took part in the battles of Monte Cassino. Slightly wounded, de Rothschild declined to be treated at a First Aid post when he found that it was full of more urgent cases; as he walked away, the station was wiped out by a mortar.

Some months later, near Udine, he witnessed the handing over of Cossack soldiers to the Soviet army. They had to cross a humpbacked bridge to reach the Soviet sector, and he heard them being shot as they reached the other side.

By now a major in the newly-formed Jewish Infantry Brigade, de Rothschild drove up through Austria and Germany in a truck with the Star of David painted on its side, a cause of bewilderment and unease to the Germans. At Mannheim, starving Jews in concentration-camp garb came up to him out of the crowd.

He ended the war at Venlo, in Holland, guarding a huge supply dump and supervising minefield-clearance by German PoWs. He ensured that the Germans walked well ahead of his own men during the operations.

Towards the end of 1946, de Rothschild returned to New Court, where, since his father’s death, his uncle Anthony had been the sole partner. “My knowledge of banking was non-existent,” he recalled, “and whenever I said to Tony ‘I’m afraid I don’t quite understand this’, Tony would reply, ‘No. You wouldn’t’.”

In 1947 he went to New York to gain experience at Kuhn, Loeb & Co and the Guaranty Trust Company. At Kuhn, Loeb he received a telegram from his uncle informing him that he had been made a partner of NMR. “I don’t know whether to congratulate you or to commiserate,” his uncle said.

The nitty-gritty of banking was not to de Rothschild’s taste, and in later life he reflected that he might rather have been a doctor than a banker. But after the war he was the only young Rothschild eligible and willing to join the partnership at New Court, and he had strong sense of duty to the family. He was given responsibility for monitoring the activities of the Royal Mint Refinery (RMR), then in Royal Mint Street near the Tower of London.

From 1952, de Rothschild’s chief preoccupation was with what was then the most costly project ever undertaken by private enterprise: the development of the vast hydroelectric potential of the Hamilton (later Churchill) Falls in Labrador. Rothschilds led the consortium, and de Rothschild crossed the Atlantic more than 400 times over the 20 years the project took to complete.

Like his philanthropic grandfather Leopold (once described as “an angel with a revenue”), Eddy de Rothschild took a genuine, practical interest in the welfare of his staff at New Court. For many years he gave an annual garden party for the pensioners at Exbury, at the height of the rhododendron flowering season in May.

He also worked hard for charitable causes, in particular the Queen’s Nursing Institute, of which he was a trustee, the Not Forgotten Association, and the Association of Jewish Ex-Servicemen and Women, of which he was for many years president. He was a vice-president of the Council of Christians and Jews. He was a man of irrepressible optimism and good nature and saw only the best in others. He was trusting and generous to a fault. After he had handed over the chairmanship of NMR to Victor Rothschild, his cousin remarked: “D’you know Eddy, I’d no idea how much you were loved at New Court.”

He held the Territorial Decoration, and was appointed CBE in the New Year’s Honours, 1997. In 2005 he received the Royal Horticultural Society’s highest award, the Victoria Medal of Honour.

His autobiography, A Gilt-Edged Life, written with George Ireland, was published in 1998.

Edmund de Rothschild married first, in 1948, Elizabeth Lentner, who died in 1980. They had two sons and two daughters. He married secondly, in 1982, Anne Harrison (née Kitching), the widow of one of his oldest friends.

Thursday, December 4, 2008

Sir Evelyn de Rothschild: Banking Scion Instructs Commoners on Ethics

Neil Comment: as I've stated several times, the masterminds behind the economic collapse will post themselves as the saviors in order to make us beg them to implement their system of a New World (economic) Order. There is no end to the hypocrisy!

Sir Evelyn de Rothschild
BBC
December 3, 2008

Sir Evelyn de Rothschild
Sir Evelyn: "action has to be taken and action must be taken very soon".

Ethics - we have lost sight of an honest day’s work for an honest day’s pay.

Careful management - we have indulged our wants without the taxes or the prices or the cash to pay for them.

Oversight - public relations and spin have replaced disclosure and transparency; casual yet complex accounting and accommodating rating agencies left us blissfully unaware of the problems, and we revelled in our ignorance.

Hubris has replaced community responsibility as a requirement for executive positions.

American automobile executives and British bankers have been unable to form their lips into an apology.

Yet their institutions lie in ruins and the rest of us are left feeling embarrassed for them.

Read article

Friday, November 21, 2008

Rothschild Investment Banking Posts Record Results: What's Their Secret?

neilmcnasty comment: Either this journalist is totally clueless about banking history, or he is deliberately misleading the public with his title of this article.
Everyone who has done a tiny amount of research on this subject, knows perfectly well that the Rothschild Family are the main architects behind the current economical situation, so of course they are having record results.
THAT'S THE WHOLE POINT, STUPID!!!

The inability of the current investment banking model to withstand the ongoing liquidity crisis has forced many investment bankers out of business or those few that have survived to get by on reduced or no bonuses this year. However, as lenders globally continue to write off and provision for a significant volume of soured loans, U.K.’s Rothschild group, one of the world’s leading investment banking organizations, has posted record results. The bank has been able to maintain its very strong performance again this year, despite the credit crunch, economic slowdown and the threat of a U.S. recession, with investment banking and corporate banking businesses both producing record revenues.

The bank’s chairman Davide de Rothschild, following unconventional investment banking strategies, has steered his organization clear of proprietary trading, prime broking and other activities that have devastated rivals as a result of an environment where asset prices keep falling while liabilities remain fixed.
(read full article)

Wednesday, October 29, 2008

The Rothschilds and their 200 years of political influence

By Andy McSmith
Thursday, 23 October 2008

Nat Rothschild, the financier at the centre of allegations that threaten to engulf the shadow Chancellor, George Osborne, is no stranger to laws which forbid politicians from accepting donations from abroad.

Political donations from overseas are also illegal in the US, where John McCain's campaign team is under investigation for allegedly accepting a benefit in kind from two mega-rich British citizens, namely Nat Rothschild and his father, Jacob, the Fourth Baron Rothschild.

In April, Mr McCain passed through London and spoke at a fund-raising dinner for expatriate Americans, where seats at the cheapest tables cost £500 a head. What caught the eye of Judicial Watch, a Washington-based foundation dedicated to combating corruption, was that the event was held "by kind permission of Lord Rothschild and Hon Nathaniel Rothschild" at the family home in Spencer House, St James's, the only privately owned 17th-century palace in central London.

The US Federal Election Committee is still investigating the allegation that Mr McCain's campaign team broke electoral law by accepting a benefit in kind from the Rothschilds. "We haven't heard from the FEC yet, and don't expect to until after the campaign," Tom Fitton of Judicial Watch said.

The Rothschild family and politics have been intertwined for generations, ever since Nathan Rothschild, who founded the English branch of the family business, financed Britain's war against Napoleon two centuries ago. Nathan was the son of Mayer Rothschild, who founded the family business in the Jewish ghetto in Frankfurt during the 18th century.

Serena Rothschild, Nat Rothschild's mother, was one of the largest individual donors to the Conservative Party last year. She gave £190,000. She has also helped fund Mr Osborne's office.

When another member of the clan, Sir Evelyn de Rothschild, married the New York businesswoman Lynn Forester, they spent the night of their wedding dinner in the White House as guests of Bill Clinton. Lady Rothschild was a fund-raiser for the Democrats, but defected to the McCain camp after her friend Hillary Clinton was beaten to the nomination by Barack Obama.

(read full article)