Sunday, April 6, 2008

What is money anyway?

I watched a few clips from a long, nasty looking, strange and gritty propaganda-looking documentary called The Money Masters about a year ago.

"THE MONEY MASTERS is a 3 1/2 hour non-fiction, historical documentary that traces the origins of the political power structure that rules our nation and the world today. The modern political power structure has its roots in the hidden manipulation and accumulation of gold and other forms of money. The development of fractional reserve banking practices in the 17th century brought to a cunning sophistication the secret techniques initially used by goldsmiths fraudulently to accumulate wealth. With the formation of the privately-owned Bank of England in 1694, the yoke of economic slavery to a privately-owned "central" bank was first forced upon the backs of an entire nation, not removed but only made heavier with the passing of the three centuries to our day. Nation after nation, including America, has fallen prey to this cabal of international central bankers."

http://video.google.com/videoplay?docid=-515319560256183936

My opinion of the video is it is a rather
painful one to watch and I don't believe I watched it all the way through. I am not sure how much is real or not, or if facts are presented to spook the viewer. However, since I was made aware of The Money Masters which seems like a long time ago now, there are elements to this video that seem more real in 2008.

The point of the video was to show the money supply expands and contracts over time and intentionally. It talks a lot about the power of the Rothschilds and just last week I caught this in the New York Times:

"Almost two centuries ago, as Napoleon marched on Waterloo, a scion of the Rothschilds banking dynasty is said to have declared: The time to buy is when blood is running in the streets.
Now, as red ink runs on Wall Street, the figurative heirs of the Rothschilds — bankers, traders, hedge fund gurus and takeover artists — are plotting to profit from today’s financial upheaval." http://www.nytimes.com/2008/04/04/business/04vultures.html?em&ex=1207454400&en=2d89d02e0c8d2f66&ei=5087%0A

I would be interested to hear opinions from bloggers about this film. I am aware this film could piss a few people off, but as I am just a blogger, my intuition says to get it out there and talk about it. After all, shouldn't we be questioning the banks after the Federal reserve has spent public tax money (
$29-billion) to bail out one private bank, Bear Stearns on March 17th 2008. This is wrong isn't it (To intervene or not to intervene?) helping out a business with so much tax money? Or maybe Mr. Bernanke had no choice because a financial collapse would in itself cause instability which becomes a political issue doesn't it?

Homeowners Plan Demonstration at NYC Offices of Bear Stearns, JPMorgan Chase to Protest Government Bailout.

(More on Democracynow.org)




Photo came from: http://www.marketoracle.co.uk


http://www.democracynow.org/2008/3/26/homeowners_plan_demonstration_at_nyc_offices



BBC: Brown warns on global cash crisis:
The world is facing "the first truly global financial crisis",

the prime minister has told leaders.
http://news.bbc.co.uk/2/hi/uk_news/politics/7331911.stm

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