ROTHSCHILDS WANT IRAN’S BANKS

By Pete Papaherakles

Could gaining control of the Central Bank of the Islamic Republic of Iran (CBI) be one of the main reasons that Iran is being targeted by Western and Israeli powers? As tensions are building up for an unthinkable war with Iran, it is worth exploring Iran’s banking system compared to its U.S., British and Israeli counterparts.

Some researchers are pointing out that Iran is one of only three countries left in the world whose central bank is not under Rothschild control. Before 9-11 there were reportedly seven: Afghanistan, Iraq, Sudan, Libya, Cuba, North Korea and Iran. By 2003, however, Afghanistan and Iraq were swallowed up by the Rothschild octopus, and by 2011 Sudan and Libya were also gone. In Libya, a Rothschild bank was established in Benghazi while the country was still at war.

Islam forbids the charging of interest, a major problem for the Rothschild banking system. Until a few hundred years ago, charging interest was also forbidden in the Christian world and was even punishable by death. It was considered exploitation and enslavement. Continue reading

Bankers have seized Europe: Goldman Sachs Has Taken Over

[ Editor’s note: Artcle translated into French HERE ]

by Paul Craig Roberts

On November 25, two days after a failed German government bond auction in which Germany was unable to sell 35% of its offerings of 10-year bonds, the German finance minister, Wolfgang Schaeuble said that Germany might retreat from its demands that the private banks that hold the troubled sovereign debt from Greece, Italy, and Spain must accept part of the cost of their bailout by writing off some of the debt. The private banks want to avoid any losses either by forcing the Greek, Italian, and Spanish governments to make good on the bonds by imposing extreme austerity on their citizens, or by having the European Central Bank print euros with which to buy the sovereign debt from the private banks. Printing money to make good on debt is contrary to the ECB’s charter and especially frightens Germans, because of the Weimar experience with hyperinflation. 
Obviously, the German government got the message from the orchestrated failed bond auction. As I wrote at the time, Continue reading

European Central Bank Also Plots the End of the EU

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Mario Draghi new European Central Bank President. From 1984 to 1990 he was Executive Director of the World Bank. In 1991, he became director general of the Italian Treasury, and held this office until 2001. During his time at the Treasury, he chaired the committee that revised Italian corporate and financial legislation and drafted the law that governs Italian financial markets. He is also a former board member of several banks and corporations (Eni, IRI,BNL and IMI).

Draghi was then vice chairman and managing director of Goldman Sachs International and a member of the firm-wide management committee (2002–2005). A controversy existed on his duties while employed at Goldman Sachs. Pascal Canfin (MEP) asserted Draghi was involved in swaps for European governments, namely Greece, trying to disguise their countries’ economic status. Draghi responded that the deals were “undertaken before my joining Goldman Sachs [and] I had nothing to do with” them, in the 2011 European Parliament nomination hearings.

ECB President Mario Draghi cuts the euro’s last lifeline … Anyone thinking that the arrival of Mario Draghi as president of the European Central Bank might herald a change in approach to the eurozone debt crisis would have been sadly disappointed by his first public appearance in the new role on Thursday. True enough, he did cut interest rates, but this was already part of a pre-written script and can be easily justified by what Mr Draghi referred to as “slow growth, heading towards mild recession”. No, and a thousand times no, he said to those calling on the ECB to stem the crisis with massive purchases of periphery-nation debt. The ECB’s function, he reiterated, was to focus exclusively on price stability, not to act as lender of last resort to governments. Already, he seems like a clone of his predecessor, Jean-Claude Trichet, who famously had only “one needle in his compass” – inflation. Regrettably, it was this very same anti-inflationary zeal that is likely to have sealed the eurozone’s fate in slipping into “mild recession.” … The idea of a “mild recession” is also a contradiction in terms; recessions are never mild. – UK Telegraph

Dominant Social Theme: The European Central Bank will do what it needs to do. It is an inflation fighter.

Free-Market Analysis: This is a big dominant social theme of the power elite – that central banks fight inflation. Central banks CREATE inflation by printing money from nothing. But the elite promotion is orchestrated to avoid that reality.

Over and over, you’ll see good, gray central bankers dressed in expensive suits stepping up to a bank of microphones to enunciate their concern over “inflation.” They don’t mean inflation, of course, which is monetary. They mean PRICE inflation. Meanwhile the printing presses churn behind them.

Continue reading