GLOBAL KLEPTOCRACY

 

Self-serving leaders throughout the world increasingly assume power with the goal of becoming rich at the expense of the majority of their population, and of the commonweal.

Dictators and oligarchs, presidents and prime ministers, bankers and corporate CEOs, intellectuals and technocrats, and assorted enablers and sycophants, are stealing their nations' wealth, and laughing all the way to their off-shore tax havens.

The endgame of this plunder will be obscene riches for the plutocratic minority and immiseration and oppression of the majority.

Now more than ever, it is critical to understand the nature of the global neoliberal economic system and the kleptocrats who thrive on it, and to give serious thought to survival options in a world increasingly controlled by and run for the benefit of thieves.

 

INSTITUTIONS OF GLOBAL POWER

 

CENTRAL BANKS

BANK OF INTERNATIONAL SETTLEMENTS
FEDERAL RESERVE
BANK OF ENGLAND
CENTRAL BANKS OF MOST NATIONS

 

GLOBAL BANKING CONGLOMERATES

THE 25 LARGEST BANKS IN THE WORLD (2012)

HSBC
BNP PARABIS
INDUSTRIAL AND COMMERCIAL BANK OF CHINA
MITUBISHI
CREDIT AGRICOLE
BARCLAYS GROUP
ROYAL BANK OF SCOTLAND
JPMORGAN CHASE
BANK OF AMERICA
CHINA CONSTRUCTION BANK
MIZUHO FINANCIAL GROUP
BANK OF CHINA
CITIGROUP
AGRICULTURAL BANK OF CHINA
ING GROUP
BANCO SANTANDER
SUMITOMO MITSUI FINANCIAL GROUP
SOCIETE GENERALE
UBS
LLOYDS BANKING GROUP
GROUP BCPE
WELLS FARGO
UNICREDIT
CREDIT SUISSE
DEUTSCHE BANK

 

TRANSNATIONAL CORPORATIONS

THE 25 CORPORATIONS WITH THE GREATEST GLOBAL IMPACT (2011)

1 - BARCLAYS PLC - GREAT BRITIAN
2 - CAPITAL GROUP COMPANIES INC. - UNITED STATES
3 - FMR CORP (Fidelity Management) - UNITED STATES
4 - AXA FR 6712 - SWITZERLAND
5 - STATE STREET CORPORATION - UNITED STATES
6 - JPMORGAN CHASE & CO. - UNITED STATES
7 - LEGAL & GENERAL GROUP PLC - GREAT BRITAIN
8 - VANGUARD GROUP, INC. - UNITED STATES
9- UBS AG - SWITZERLAND S
10 - MERRILL LYNCH & CO., INC. - UNITED STATES
11 - WELLINGTON MANAGEMENT CO. L.L.P. - UNITED STATES
12 - DEUTSCHE BANK AG - GERMANY
13 - FRANKLIN RESOURCES, INC. - UNITED STATES
14 - CREDIT SUISSE GROUP - SWITZERLAND
15 - WALTON ENTERPRISES LLC - UNITED STATES
16 - BANK OF NEW YORK MELLON CORP. - UNITED STATES
17 - NATIXIS - FRANCE
18 - GOLDMAN SACHS GROUP, INC. - UNITED STATES
19 - T. ROWE PRICE GROUP, INC. - UNITED STATES
20- LEGG MASON, INC. - UNITED STATES
21 - MORGAN STANLEY - UNITED STATES
22 - MITSUBISHI UFJ FINANCIAL GROUP, INC. - JAPAN
23 - NORTHERN TRUST CORPORATION - UNITED STATES
24 - SOCIÉTÉ GÉNÉRALE - FRANCE
25 - BANK OF AMERICA CORPORATION - UNITED STATES


ENERGY CORPORATIONS
(a partial list)

ROYAL DUTCH SHELL
CHEVRON
BRITISH PETROLEUM
EXXON/MOBIL
TOTAL
CONOCO PHILLIPS

 

WEAPONS MANUFACTURERS
(a partial list)

LOCKHEED MARTIN - USA
BOEING - USA
BAE SYSTEMS - BRITAIN
GENERAL DYNAMICS - USA
RAYTHEON - USA
NORTHROP GRUMMAN - USA
EADS - BRITAIN/FRANCE
L-3 COMMUNICATIONS - USA
FINMECCANICA - ITALY
UNITED TECHNOLOGIES - USA

 

FINANCIAL SERVICES INSTITUTIONS

LARGEST HOLDING COMPANIES (2013)

JPMORGAN CHASE & CO.
BANK OF AMERICA CORPORATION
CITIGROUP INC.
WELLS FARGO & COMPANY
GOLDMAN SACHS GROUP, INC.
MORGAN STANLEY
GENERAL ELECTRIC CAPITAL CORPORATION

 

LARGEST ASSET MANAGEMENT COMPANIES (2012)

BLACKROCK
UBS
ALLIANZ
VANGUARD GROUP
STATE STREET GLOBAL ADVISORS
PIMCO
FIDELITY INVESTMENTS
AXA
JP MORGAN ASSET MANAGEMENT
CREDIT SUISSE

 

LARGEST HEDGE FUNDS (2011)

BRIDGEWATER ASSOCIATES
MAN GROUP
J.P. MORGAN ASSET MANAGEMENT
BREVAN HOWARD ASSET MANAGEMENT
OCH-ZIFF CAPITAL MANAGEMENT GROUP
PAULSON AND CO.
BLACKROCK ADVISORS


ORGANIZATIONS, SOCIETIES AND CLUBS
(a partial list)

UNITED NATIONS
WORLD TRADE ORGANIZATION (WTO)
WORLD BANK
INTERNATIONAL MONETARY FUND (IMF)
COUNCIL ON FOREIGN RELATIONS (CFR)
TRILATERAL COMMISSION (TC)
BILDERBERG GROUP
CHATHAM HOUSE / ROYAL INSTITUTE OF INTERNATIONAL AFFAIRS (RIIA)
CLUB OF THE ISLES
PILGRIMS SOCIETY
CLUB OF ROME

THINK TANKS
(a partial list)

CENTER FOR STRATEGIC AND INTERNATIONAL STUDIES (CSIS)
BUSINESS ROUND TABLE
EUROPEAN ROUND TABLE OF INDUSTRIALISTS (ERT)
INTERNATIONAL CHAMBER OF COMMERCE (ICC)
WORLD ECONOMIC FORUM
WORLD BUSINESS COUNCIL FOR SUSTAINABLE DEVELOPMENT (WBCSD)
BROOKINGS INSTITUTION
RAND CORPORATION
HERITAGE FOUNDATION
AMERICAN ENTERPRISE INSTITUTE

TAX-EXEMPT FOUNDATIONS
(a partial list)

ROCKEFELLER FOUNDATION
FORD FOUNDATION
CARNEGIE ENDOWMENT
GATES FOUNDATION
SOROS OPEN SOCIETY FOUNDATION

TAX HAVENS, SECRECY JURISDICTIONS AND MONEY LAUNDERING CENTERS

HIDING THE WEALTH OF THE RICH AND INFAMOUS

TRILLIONS OF DOLLARS ARE "HIDDEN" IN OFFSHORE SECRECY JURISDICTIONS
WEALTH OF THE GLOBAL ELITE IS PRESERVED
TRANSNATIONAL CORPORATIONS AVOID PAYING TAXES
DRUG MONEY IS LAUNDERED THROUGH INTERNATIONAL BANKS
FUNDING OF GOVERNMENT COVERT OPERATIONS IS OBSCURE

CITY OF LONDON
"City of London" is the secrecy jurisdiction of choice for the global mega-wealthy

WALL STREET (NEW YORK CITY)

NEVADA
DELAWARE
WYOMING
SOUTH DAKOTA

HONG KONG
MACAO

THE VATICAN

COUNTRIES
UNITED STATES
BRITAIN
PANAMA
SINGAPORE
MALAYSIA
JAPAN
CHINA
BELIZE
ISRAEL
LEBANON
TURKEY
CYPRUS
UNITED ARAB EMIRATES (DUBAI)
BAHRAIN
SWITZERLAND
GERMANY
LUXEMBOURG
MONACO
ANDORRA
LIECHTENSTEIN
NETHERLANDS
IRELAND
MAURITIUS
SEYCHELLES
NUE
SAMOA
MARSHALL ISLANDS

TERRITORIES AND ISLANDS UNDER BRITISH INFLUENCE
British offshore tax havens funnel money from around the world
into London financial institutions and real estate

GIBRALTAR

BRITISH VIRGIN ISLANDS
BAHAMAS
CAYMAN ISLAND
ANGUILLA
ISLE OF MAN
GUERNSEY
JERSEY
GIBRALTAR
MONSERRAT
BERMUDA
ANTIGUA AND BARBUDA
BARBADOS
DOMINICA
GRENADA
ST. KITTS AND NEVIS
ST. LUCIA
ST. VINCENT AND THE GRENADINES
TURKS AND CAICOS

ISLANDS UNDER NETHERLANDS INFLUENCE
ARUBA
BONAIRE
CURAÇAO
ST. MAARTEN
NETHERLAND ANTILLES

MONEY LAUNDERING BANKS AND FINANCIAL INSTITUTIONS
HSBC
BANK OF AMERICA
JP MORGAN CHASE
CITIBANK
WELLS FARGO
WESTERN UNION
AMERICAN EXPRESS
CREDIT SUISSE
UBS
STANDARD CHARTERED
BARCLAYS
AND MANY OTHER INTERNATIONAL BANKS AND FINANCIAL INSTITUTIONS

 

DYNASTIC FAMILIES AND INSTITUTIONS

EUROPEAN DYNASTIC FAMILIES
HOUSE OF WINDSOR (Great Britain)
NETHERLANDS
BELGIUM
LIECHTENSTEIN
LUXEMBOURG
SPAIN
DENMARK
NORWAY
SWEDEN
MONACO

INTERNATIONAL BANKING DYNASTIES
ROTHSCHILDS
ROCKEFELLERS
KUHN LOEB
WARBURG
LAZARD
GOLDMAN SACHS
ISRAEL MOSES SEIF
LEHMAN


DYNASTIC BANKING INSTITUTIONS
ROTHSCHILD BANK OF LONDON
ROTHSCHILD BANK OF BERLIN
WARBURG BANK OF HAMBURG
WARBURG BANK OF AMSTERDAM
LAZARD BROTHERS OF PARIS
ISRAEL MOSES SEIF BANK OF ITALY
KUHN LOEB BANK OF NEW YORK
GOLDMAN SACHS OF NEW YORK
J. P. MORGAN CHASE BANK OF NEW YORK
LEHMAN BROTHERS OF NEW YORK (filed for bankruptcy in 2008)

 

THE CITY OF LONDON CORPORATION
THE "CROWN", THE "CITY", THE "SQUARE MILE"

 

THE VATICAN
VATICAN BANK

 

DYNASTIC FAMILIES IN THE UNITED STATES
(a partial list)

ROCKEFELLER
BUSH
CLINTON

 

DYNASTIC FAMILIES IN ASIA
(a partial list)

BRUNEI
PHILIPPINES
CHINA (PRINCELINGS)

DYNASTIC FAMILIES IN MIDDLE EAST & NORTH AFRICA
(a partial list)

SYRIA
JORDAN
MOROCCO
SAUDI ARABIA
KUWAIT
OMAN
QATAR
UNITED ARAB EMIRATES (UAE)
BAHRAIN

 

 

WEBSITES TO VISIT

 

THIRD WORLD TRAVELER


INCONVENIENT TRUTHS

 

PATHOCRACY: THE GLOBAL ORDER

 

PLUTOCRACY CARTEL

 

REAL WORLD ORDER

 

BEYOND THE MEDIA MATRIX

 

HOW THE WORLD REALLY WORKS

 

BARBARIANS IN SUITS

 

CRITICAL THINKER QUOTATIONS

 

 

MEET THE KLEPTOCRATS

"Where you have a concentration of power in a few hands, all too frequently men with the mentality of gangsters get control."

English historian Lord Acton

 

"Kleptocrats have transformed politics to trade. They are traders who use their power, access and privileged information to generate wealth. And at the same time well-connected financiers and corporate leaders have made a business of politics. They come together to form a kleptocratic caste."

venitism.blogspot.com

 

"Families that have established modern dynasties typically rose to prominence through their concentration of power and wealth in financial, industrial and corporate spheres. From these positions, political power and influence became a necessity, or else the loss of economic power would be an inevitability."

Andrew Gavin Marshall

 

"Oxfam said wealth was being concentrated in the hands of increasingly fewer people, while the world's poorest continued to get poorer. In 2010 some 388 people owned as much as the world's poorest 50 percent."

www.aljazeera.com, 2016

 

"There is a group of a few thousand people among the corporate elite who effectively control perhaps $100 trillion, two-thirds of the world's total assets."

David Rothkopf

 

"The Global Mafiocracy: the banks, corporations, asset management firms, sovereign wealth funds, insurance companies and holding companies that collectively own each other and the wider network of global corporate and financial institutions, manifesting as a relatively small cartel of roughly 150 large financial institutions that wield unparalleled financial power in the modern world.
Behind the major corporate and financial institutions are individuals and families, smaller units of concentrated power who own the largest shares and steer the operations of the global cartel. These individual oligarchs and family dynasties - from the Rockefellers in the US, to the Wallenbergs in Sweden, Agnellis in Italy, Desmarais' in Canada, to the House of Saud in Saudi Arabia, Oppenheimer in South Africa, among others - control and/or influence large percentages of wealth within their respective nations and in the world of globalized financial and corporate networks."

Andrew Gavin Marshall

 

"The war against a foreign country only happens when the moneyed classes think they are going to profit from it."

George Orwell

 

"Corporate raiders (now called private equity and hedge fund managers) buy up firms using borrowed money and make the acquired corporation pay back the loans. For pulling off the deal, they use some of that borrowed money to pay themselves enormous fees, right off the top. They also provide fat bonuses for the CEOs who are to run the acquired corporation. Most importantly, they change the way top officers are rewarded. From this point on, most of their incomes would derive from stock options. The more the stock price rose, the more the CEOs would pocket.
As a result, the new incentive would be focused solely on making the firm's stock price climb. Nothing else mattered. How do you do that? You use as much of the profits as possible to buy up your own stocks! And when profits are slim, you borrow more money to buy even more of your own stock. The more you buy, the fewer shares are in circulation, and therefore each share is worth more. The stock price climbs. Buying back your own stock became the new corporate way of life."

Les Leopold

 

"I spent thirty-three years in the Marines, most of my time being a hlgh class muscle man for Big Business, for Wall Street and the bankers. In short, I was a racketeer for capitalism.
I helped purify Nicaragua for the international banking house of Brown Brothers in 1910-1912. I helped make Mexico and especially Tampico safe for American oil interests in 1914. I brought light to the Dominican Republic for American sugar interests in 1916. I helped make Haiti and Cuba a decent place for the National City [Bank] boys to collect revenue in. I helped in the rape of half a dozen Central American republics for the benefit of Wall Street.
In China in 1927 l helped to see to it that Standard Oil went its way unmolested.
I had a swell racket. l was rewarded with honors, medals, promotions. l might have given Al Capone a few hints. The best he could do was to operate a racket in three city districts. The Marines operated on three continents."

General Smedley Butler, former US Marine Corps Commandant, 1935

 

"The neoconservative aim is to change the shape of the trajectory along which Western civilization has been moving for the past two centuries. It is nothing less than to roll back Social Security, health care and pensions for labor, health care, education and other public spending, to dismantle the social welfare state, the Progressive Era of genuine democracy and ultimately even the very concept of classical liberalism."

sceptic.ca

 

"With the preservation and propagation of modern dynastic power has come the preservation and propagation of modern imperialism, no longer established as a formal colonial system of control. Instead, it is represented as a complex inter-dependency and interaction of institutions and ideologies that manifest as a system of globalized 'informal imperialism', with the United States at the center.
Some of the names of these dynasties are better known than others, like Rothschild and Rockefeller, while others are better known within their own countries or barely known at all, like Agnelli (in Italy), Wallenberg (in Sweden) and Desmarais (in Canada). Each family dynasty has their own unique history, with power concentrated in particular companies or family offices. Many, if not most, of these families also have significant connections with each other, acting as joint shareholders in various companies, sitting on the same boards and mingling in the same social circles. They cooperate and they compete with each other for influence in Globalization's 'Game of Thrones'."

Andrew Gavin Marshall

 

"By 2008-'09 corporate America was, in effect, using 75% of its profits to buy back its own stock. At the same time, loan and after loan was piled onto the corporate books to buy up even more stock. So that after buying the stock and paying off the loans, there was very little profit remaining to reinvest in the company.
To play this game, worker wages, R&D and new plant and equipment are cut to the bone. Older plants are eliminated. Production is outsourced to low-wage areas. Temporary workers replace permanent employees. Benefits like healthcare and pensions are reduced or eliminated. Unions are undermined. And bankruptcy is sometimes used to break contracts to further reduce these costs. The fees for all this "financial engineering" go to Wall Street. The stock-option-loaded CEOs become part of Wall Street-its onsite, wealth extraction overseers. Nearly all corporations whether raided or not, soon followed this lucrative model. Strip-mining the corporation became its fundamental activity."

Les Leopold

 

GOVERNMENT KLEPTOCRATS

EXECUTIVE
(a partial list)

Al Gore / Hillary Clinton / Barack Obama / Dick Cheney / Bill Clinton

"The Clintons suffer from being snobs who like to hang around with rich people in spite of their populist pretensions. They are the ultimate social climbers, always willing to do one more thing to obtain acceptance from the 1% that really matters and ready to reap the rewards that they know come with it. Hillary claims that she and Bill were broke and in debt when they left the White House. They are now worth over $100 million and command as much as $800,000 for a single speaking engagement. Hillary's minimum paycheck to speak before a group is reported to be $200,000. Does anyone actually think that either Bill Clinton's sly smile or Hillary's shrill monotone is worth a speaking fee in the hundreds of thousands of dollars? Or are there expectations of other quid pro quos down the road for those who are coughing up the big money, to include something like $18 million from Goldman Sachs and other banksters who brought the nation to the brink of ruin in 2008?"

Philip Giraldi

 

"Bill and Hillary Clinton have in tandem made enormous sums of money since Bill left the White House. According to the Washington Post, they netted at least $136.5 million between 2001 and 2012."

Ken Silverstein

 

"Though an overwhelming majority of Americans, according to public opinion polls, believe that human rights should be a cornerstone of American foreign policy, Senator Hillary Clinton has repeatedly prioritized the profits of American arms manufacturers and the extension of Washington's hegemonic reach in parts of the world."

Stephen Zunes

 

"President Bill Clinton saw in the earthquake of 2010 his opportunity to become the new US High Commissioner of Haiti. Within four months of the earthquake, he formed the Interim Commission for the Reconstruction of Haiti (CIRH): a strictly pay-to-play group of officials/rich businessmen from the MINUSTAH countries and others who agreed to contribute armed personnel from their countries or money in return for a piece of the action in Haiti. After some arm twisting and bribery, the Haitian parliament was forced to declare a state of emergency for 18 months during which Clinton and his CIRH gang could do as they pleased with regard to reconstruction, without risk of liability. One year and a half came and went, and when the Haitian Senate observed that nothing much had been accomplished, the state of emergency was not renewed, and the CIRH was alleged to be fraudulent."

Dady Chery, 2014

 

"President Bill Clinton and other recent White House tenants condemned Haiti to a future of endemic poverty through a self-serving U.S. rice export policy."

a report from the Council on Hemispheric Affairs, 2010

 

"Up to $300 million has been raised by Bill and Hillary Clinton from the financial-services industry.
Goldman Sachs has donated between $250,000 and $500,00 to the monprofit Clinton Foundation and hosts many of its events.

The Nation magazine

 

"I am delighted to be here in these new Council on Foreign Relations headquarters. I have been often to the mother ship in New York City, but it's good to have an outpost of the Council right here down the street from the State Department.
We get a lot of advice from the Council, so this will mean I won't have as far to go to be told what we should be doing and how we should think about the future."

Secretary of State Hillary Clinton's opening remarks during her speech to the Council on Foreign Relations , July 15, 2009

 

"According to a CNBC Millionaire Survey in 2014 (500 people with investable assets of $1 million or more, which represents the top 8 percent of American households), Hillary Clinton is the top choice for 31 percent of millionaires.
Clinton gets the support of 38 percent of women millionaires and 27 percent of male millionaires. Among male millionaires of both parties, Hillary is the top choice, with 27 percent."

Robert Frank

 

"As part of the country's "Reconstruction", the Clinton-Bush Haiti Fund invested $2 million in the Royal Oasis Hotel, a deluxe structure to be built in a poverty-stricken metropolitan area filled with displaced-persons camps housing hundreds of thousands of Haitians."

Julie Lévesque, 2012

 

"Since 2009, George W. Bush has made upwards of $15 million giving speeches, sometimes for as much as $200,000 a pop.
W's very first speaking gig after leaving the White House, in October 2009, was a star-studded affair at the Ft. Worth Convention Center. Colin Powell, Rudy Giuliani, and Christian motivational speaker Zig Ziglar addressed the crowd, too. The sponsor was an outfit called Get Motivated!
In other words, the 43rd president was making six-digit figures shilling for "get rich quick" schemes."

Joseph L. Flatley

 

"The Clintons have used their foundation [Clinton Foundation] for crass profiteering and influence peddling.
If the Justice Department and law enforcement agencies do their jobs, the foundation will be closed and its current and past trustees, who include Bill, Hillary, and Chelsea Clinton, will be indicted. That's because their so-called charitable enterprise has served as a vehicle to launder money and to enrich Clinton family friends."

Ken Silverstein

 

"I am delighted to be here in these new [Council on Foreign Relations] headquarters. I have been often to, I guess, the mother ship in New York City, but it's good to have an outpost of the Council right here down the street from the State Department.
We get a lot of advice from the Council, so this will mean I won't have as far to go to be told what we should be doing and how we should think about the future."

Secretary of State Hillary Clinton's opening remarks during her speech to the Council on Foreign Relations , July 15, 2009

 

"Vice-president Cheney denied that he had any ties with Halliburton Company after he left his position as CEO of the company in 2000, but an investigation by the Congressional Research Service revealed that while Vice President, Cheney received deferred compensation from Halliburton to the tune of $500,000 to $1,000,000. While Cheney was Secretary of Defense for George H. W. Bush, the Pentagon contracted Halliburton subsidiary Brown & Root to study the cost effectiveness of outsourcing some military operations to private contractors. Based on the results of the study, the Pentagon hired Brown & Root to implement an outsourcing plan."

www.sourcewatch.org

 

"Al Gore, a career reportedly became a billionaire just a few years after leaving his last government job as Vice President of the United States. He achieved this miracle through various "green" business deals. Such deals usually involve the ancient mercantilist practice of bribing politicians for a special favor or subsidy. The bribe-giver becomes wealthy, and the politicians granting the favor/subsidy have the funds to finance the next campaign. Let's call it crony environmentalism."

Lew Rockwell

 

"Al Gore stands to benefit to the tune of billions of dollars if the carbon tax proposals he is pushing come to fruition in the United States.
... The former Vice President is poised to become the world's first "carbon billionaire," profiteering from government policies he supports that would direct billions of dollars to the business ventures he has invested in.
... Since he left office, Gore's personal net worth has skyrocketed on the back of his advocacy for global warming issues and the financial dividends this has reaped.
... The Chicago Climate Exchange (CCX), the world's pre-eminent carbon credit trading market, has direct ties to Al Gore and Maurice Strong, two figures intimately involved with a long standing movement to use the theory of man made global warming as a mechanism for profit and social engineering. Gore's investment company, Generation Investment Management, which sells carbon offset opportunities, is the largest shareholder of CCX."

Paul Joseph Watson, 2009

 

"As the first president of the new global era, Bill Clinton visited more than 70 countries, set up the WTO, boosted the international budget, maintained high levels of Pentagon spending, militarized the drug wars in South America, continued the military and economic assault on Iraq, laid the groundwork for "humanitarian" interventions, bombed the Sudan and Afghanistan, and carried out protracted aerial raids on Serbia. Enthused by prospects for total surveillance of the world, Clinton raised intelligence spending levels to more than 30 billion dollars, with increasing emphasis on the supersecret National Security Agency. The planned, systematic, and brutal destruction of the Serb infrastructure must be considered one of the great war crimes of the postwar years."

Carl Boggs

 

"The Clinton's are singular in terms of both their greed and their hubristic sense of entitlement... Bill has made at least $136.5 million, mostly from speaking engagements, between 2001 and 2012, and Hillary is now earning even more than he is per speech... The Clinton Foundation, administered separately from their private wealth, had assets totaling nearly $278 million at the end of 2013."

Philip Giraldi

 

"President Bill Clinton and his cronies had begun to search for a way to continue their economic stranglehold on Haiti, and this would include a suitable Haitian President: specifically, one who would be popular with the young but lack patriotism. They found their man in the musician Michel Martelly."

Dady Chery, 2014

 

"Al Gore, former U.S. vice president and Current TV founder reportedly made an estimated $70 million for his 20 percent stake when he sold his progressive cable network to Al Jazeera.
Gore sold Current TV in January 2013 for a reported $500 million. He also exercised shares of Apple stock - which netted him $30 million - two weeks later. His net worth is an estimated $200 million."

www.huffingtonpost.com, 2013

 

"Since her first Senate campaign in 1999, Goldman Sachs has been bankrolling Hillary Clinton to the tune of millions of dollars. Individual donors like Goldman CEO Lloyd Blankfein have been generous, but the firm has sought to purchase influence and good will through speaking fees as well as contributions to the nonprofit Clinton Foundation.
Goldman Sachs is not alone. Citigroup ranks No. 1 in lifetime donations to Clinton.
Hiring Hillary Clinton as a speaker is one way Goldman Sachs funnels cash to her. Clinton's standard speaking fee is $200,000."

The Nation magazine

 

"The Clinton Foundation has received more than $1 billion over the years to purchase HIV/AIDS drugs for poor people in Africa, Asia, and elsewhere. However, a unit set up to receive the money-the Clinton Foundation HIV/AIDS Initiative, Inc., which was run by Ira Magaziner, a Clinton administration veteran with close ties to Hillary-clearly spent far, far less than it took in. In fact, the unit's accounting practices were so shoddy that its license was revoked by the state of Massachusetts."

Ken Silverstein

 

"The North American Free Trade Agreement [NAFTA] was peddled by the Clinton White House as an opportunity to raise the incomes and prosperity of the citizens of the United States, Canada, and Mexico. NAFTA would also, we were told, stanch Mexican immigration into the United States.
... But NAFTA, which took effect in 1994, had the effect of reversing every one of Clinton's rosy predictions. Once the Mexican government lifted price supports on corn and beans grown by Mexican farmers, those farmers had to compete against the huge agribusinesses in the United States. Many Mexican farmers were swiftly bankrupted. At least 2 million Mexican farmers have been driven off their land since 1994.
... NAFTA was great if you were a corporation. It was a disaster if you were a worker.
... Bill Clinton's welfare reform bill, signed on August 22, 1996, obliterated the nation's social safety net. It threw 6 million people, many of them single mothers, off the welfare rolls within three years. It dumped them onto the streets without child care, rent subsidies, or continued Medicaid coverage.
... Clinton slashed Medicare by $115 billion over a five-year period and cut $25 billion in Medicaid funding.
... The Clinton administration, led by Lawrence Summers, signed into law the Financial Services Modernization Act of 1999, which ripped down the firewalls that had been established by the 1933 GlassSteagall Act. Glass-Steagall established the Federal Deposit Insurance Corporation. It set in place banking reforms to stop speculators from hijacking the financial system. With Glass-Steagall demolished, and the passage of NAFTA, the Democrats, led by Clinton, tumbled gleefully into bed with corporations and Wall Street speculators."

Chris Hedges

 

CONGRESS
(a partial list)

Senator Phil Gramm / Representative Dennis Hastert

"The technique, used by the monopolists to gouge society, was set forth in the early twentieth century by Frederick C. Howe in 'Confessions of a Monopolist'. First, says Howe, politics is a necessary part of business. To control industries it is necessary to control Congress and the regulators and thus make society go to work for you, the monopolist. So, according to Howe, the two principles of a successful monopolist are first to let Society work for you; and second to make a business of politics."

Antony C. Sutton in his book "Wall Street and the Bolshevik Revolution"

 

"Regimes throughout the Middle East, from Turkey to the United Arab Emirates, have gone on what appears to be a shopping spree for former members of Congress. Compared to the rest of the world, Middle East governments have accounted for more than fifty percent of the latest revolving door hires for former lawmakers during this time period."

Mike Krieger, 2015

 

"The Project on Government Oversight identified 224 high ranking government officials who moved through the revolving door to become lobbyists or high level executives of government contractors, and disclosed that at least two-thirds of the former members of Congress who lobbied for top 20 government contractors served on authorization or appropriations committees that approved programs or funds for their future employer or client while they served in Congress."

Jeremy Kuzmarov, Global Research, 2014

 

"Ex-congressman and GOP strategist Vin Weber and his lobbying firm, Mercury LLC, signed a lucrative lobbying contract with the Gulf State of Qatar,receiving a $465,000 advance."

VICE magazine, 2014

 

"The conventional wisdom out there is that businesses are going to Washington, writing checks and expecting big returns. But the other side of the story is that members of Congress may implicitly threaten businesses that if they don't change their policy, or if they are not heavily involved in the political process, that bad things might happen to them.
... Our government has become a clearing house for corporations and plutocrats whose dollars grease the wheels for lucrative contracts and easy regulation."

political scientist David Primo

 

"Billy Tauzin, former chair of the the Energy and Commerce Committee, which had oversight of the drug industry, after retiring from Congress in late 2004, became the head of the Pharmaceutical Research and Manufacturers of America in January 2005."

www.sourcewatch.org

 

"Our public coffers being emptied to benefit major corporations and financial institutions working in close alliance with, and passing on remarkable sums of money to, the representatives of "the people" - kleptocracy on a scale to dazzle."

William J. Astore

 

"In the late 1990s, Senator Phil Gramm, as chairman of the Senate Baking Committee, spearheaded the repeal of Glass-Steagall for the banks. As soon as it was done, he was made vice chairman of one of the largest international banks - Swiss global financial services company UBS AG - and paid a multi-million dollar income, and his only duties were to go around giving speeches."

Paul Craig Roberts

 

"Full investigation of the Enron scandal would have proven once and for all that there is almost no one in the US Congress not owned by some corporation."

T. P. Wilkinson

 

"The two party system is nothing but a ruse designed to keep the people believing they have a say in how things are run in this country. Both parties support the military industrial complex. Both parties support the militarization of police forces around the country. Both parties support the mass surveillance of its citizens. Both parties do the bidding of their rich corporate and special interest benefactors. Both parties favor deficit spending for eternity. Both parties believe the government should expand its role in our everyday lives. Both parties do the bidding for and protect the Wall Street interests who really run this country. No more proof is needed than what has occurred over the last five years, as criminal Wall Street bankers were rewarded for their malfeasance with trillions of dollars from taxpayers and their puppets at the Federal Reserve. While we were allowing ourselves to be distracted, amused, entertained, and indebted, the oligarchs were busy conducting a silent coup."

www.washingtonsblog.com, 2014

 

"Former US Senator Norm Coleman is a lobbyist who serves on the board of the Republican Jewish Coalition. Since July, Coleman has been a registered lobbyist for the Kingdom of Saudi Arabia, hired in part to work on sanctions against Iran, a key priority of Saudi Arabia's ruling family. Shortly after signing up as a lobbyist for the Saudis, Coleman gave a speech on Capitol Hill imploring his congressional allies to realize that Israel and Saudi Arabia have many shared policy priorities, and that the United States should be hand in glove with our allies in the region.

Mike Krieger, 2015

 

"Once upon a time the GOP stood for Grand Old Party - now it stands for Guardians of Privilege, and this is payback time for everything from fracking to getting the big banks off the hook; from doing away with the minimum wage and coddling off-shore corporate tax avoiders to privatizing Medicare and Social Security; to gutting the Consumer Financial Protection Bureau, the Environmental Protection Agency, even the U.S. Postal Service.
Democrats are so compromised by their own addiction to Big Money they have forgotten their history as champion of the working stiff, the little folks down there at the bottom. The great problems facing everyday people in America - inequality, stagnant wages, children in poverty, our degraded infrastructure and stressed environment - are not being seriously addressed because the political class is afraid to offend the people who write the checks - the corporations and the rich. Everyone else can be safely ignored."

Bill Moyers and Michael Winship

 

"Monopolists never can be free-enterprise capitalists. Without exception, they embrace either socialism or some other form of collectivism, because these represent the ultimate monopoly. These government-sponsored monopolies are tolerated by their citizens because they assume that, by the magic of the democratic process and the power of their vote, somehow, it is they who are the benefactors. This might be true if they took the trouble to become informed on such matters, and if they had independent and honest candidates from which to choose, and if the political parties were not dominated by the super-rich, and if it were possible for men to win elections without vast sums of campaign money."

G. Edward Griffin, 2011

 

"From 2007 to 2012, the 200 most politically active corporations in the United States spent almost $6 billion for lobbying and campaign contributions. And they received more than $4 trillion in U.S. government contracts and other forms of assistance. That's $760 for every dollar spent on influence, a stunning return on investment."

Sunlight Foundation, www.blacklistednews.com

 

"Our government has become a clearing house for corporations and plutocrats whose dollars grease the wheels for lucrative contracts and easy regulation."

Bill Moyers and Michael Winship

 

"The best of all business is politics, for a legislative grant, franchise, subsidy or tax exemption is worth more than a Kimberly or Comstock lode, since it does not require any labor, either mental or physical, for its exploitation."

Frederick C. Howe. "Confessions of a Monopolist" (1906)

 

"Government becomes the tool of the very forces that, supposedly, it is regulating. The regulations,
upon close examination, almost always turn out to be what the cartels have agreed upon beforehand, except that now they have the police power of the state to enforce them. And it makes it possible for these financial and political interests to become secure from the threat of competition."

G. Edward Griffin, 2011

 

"Former Michigan Representative Pete Hoekstra, who used to chair the House Intelligence Committee, appears regularly in the media to demand that the US increase its arms assistance to the Kurds in northern Iraq. Hoekstra has not disclosed that he has worked as a paid representative of the Kurdistan Regional Government."

Mike Krieger, 2015

 

"Between 2007 and 2012, 200 of America's most politically active corporations spent a combined $5.8 billion on federal lobbying and campaign contributions. What they gave pales compared to what those same corporations got: $4.4 trillion in federal business and support."

Sunlight Foundation study, www.blacklistednews.com

 

JUDICIAL


Justice John Roberts

"The 2010 Citizens United Supreme Court case essentially enabled corporations and billionaires to be able buy US elections and politicians without government oversight... Rather than creating a level playing field, Citizens United gives disproportionate power to corporations and elites to decide elections. Meanwhile, most voters are left disempowered on the sidelines, pawns in elections that are largely fueled by clandestine corporate money."

Benjamin Dangl

 

"The rule of law in the U.S. has been divided into two branches: one in name only for the financial Elites and corporate cartels, and one for the rest of us mere citizens. Between corporate toadies on the Supreme Court who have granted corporations rights to spend unlimited money lobbying and buying legislators as a form of "free speech" ... The U.S. legal system is now a perfection of kleptocracy."

Charles Hugh Smith

 

"[The Supreme Court 'Citizen United' decision allowing unlimited money in politics] violates the essence of what made America a great country in its political system. Now it's just an oligarchy, with unlimited political bribery being the essence of getting the nominations for president or to elect the president. And the same thing applies to governors and U.S. senators and congress members. So now we've just seen a complete subversion of our political system as a payoff to major contributors, who want and expect and sometimes get favors for themselves after the election's over. The incumbents, Democrats and Republicans, look upon this unlimited money as a great benefit to themselves. Somebody's who's already in Congress has a lot more to sell to an avid contributor than somebody who's just a challenger."

former President Jimmy Carter, Thom Hartmann Show, July 2015

 

"In its Citizens United decision, the U.S. Supreme Court took for granted that "favoritism and influence" are inherent in electoral democracy and that "democracy is premised on responsiveness" of politicians to those who support them."


Sunlight Foundation study, www.blacklistednews.com

"The Supreme Court's Citizens United decision opened the floodgates for corporate money to enter Washington. Campaign spending in the 2012 elections was unprecedented, totaling an astounding $6.3 billion, according to the Center for Responsive Politics. Spending on the 2014 elections, at $4 billion, made it the most expensive midterm election in history.
In the Citizens United case, the Supreme Court ruled in their majority decision that corporate spending on federal elections would not "give rise to corruption or the appearance of corruption." A Sunlight Foundation (a government accountability group) study tested the Supreme Court's conclusion and instead found that political spending is just about the best investment a company can make in America.
Of the 200 companies studied, the report identified 29 companies that received 1,000 times more federal money than they spent on campaign contributions and political lobbying."

Alex Ellefson

 

"Under the 2010 Supreme Court's Citizens United ruling, corporations now have few restrictions on campaign financing. Individuals and political action committees associated with the defense sector contributed more than $27 million to political candidates during the 2012 campaign cycle, with far more going to Republicans than Democrats: $16.4 million versus $11 million. In that year, DynCorp gave over $300,000 to Super PACs, 52 percent to Republicans, and CACI $137,000 to Republicans compared to $21,000 for Democrats."

Jeremy Kuzmarov, 2014

 

"The legal system in the United States no longer functions to protect ordinary Americans. It serves our oligarchic, corporate elites. These elites have committed $26 billion in financial fraud. They loot the U.S. Treasury, escape taxation, drive down wages, break unions, pillage pension funds, gut regulation and oversight, destroy public institutions including public schools and social assistance programs, wage endless and illegal wars to swell the profits of arms merchants, and authorize police to murder unarmed black men."

Chris Hedges

 

"Major trade groups that can now play an unlimited role in influencing elections, thanks to the Citizens United ruling, receive direct funds from corporations headquartered in foreign lands."

Mike Krieger

 

"By the end of the nineteenth century, the U.S. courts had declared that corporations were to be considered persons under the law - and then used this legal fiction of "personhood" to extend constitutional protections to corporations. The courts have ruled that corporate advertising and political campaign contributions are to be protected as free speech."

George Draffan

 

"Supreme Court Justice Clarence Thomas worked as a lawyer for Monsanto for four years. As a Supreme Court Justice he has ruled in favor of Monsanto every time."

www.herinst.org

 

"The appearance of influence or access of corporations will not cause the electorate to lose faith in our democracy."

United States Supreme Court "Citizen United" ruling

 

"Court rulings - most famously the Citizens United case in 2010 - have long meant that any laws attempting to stop billionaires from buying elections were already a lost cause. The Robert's Supreme Court has held that - even in a time with record levels of income inequality - money is just a form of free speech."

www.philly.com

 

"On December 10th, Wall Street's federal appeals court, the 2nd Circuit Court of Appeals, ruled that if inside information about what is going to happen to a corporation is taken advantage of by an investor, it's okay, so long as the source of the inside-tip isn't directly paid for passing it along.
... This ruling establishes two classes of investors: one is insiders who trade favors but don't pay each other for providing inside tips, they instead do it instead like members of a club; the other is suckers who rely on the fairness of America's investment markets and on the Government's enforcement against corruption of the investment markets."

Eric Zuesse, 2014

 

"The flood of dark money unleashed by the 2010 Citizens United vs. Federal Election Commission decision and certified by the United States Supreme Court prohibited the government from restricting campaign contributions by nonprofit corporations and other independent groups.
Since then, special interest groups have significantly increased their targeting of judicial campaigns in the United States. Groups such as the Americans for Prosperity and the Center for Individual Rights - which are funded by conservative billionaires Charles and David Koch have committed unprecedented sums to influence state judicial elections, including a number of key state supreme court retention races.
... The rush to throw undisclosed money into state-level judicial races signals that a dangerous movement has been taking shape since the Citizens United ruling. And its potential to corrupt is not limited to the voting booth or to one political party."

Christopher Moraf

 

"Under the 2010 Supreme Court's Citizens United ruling, corporations now have few restrictions on campaign financing."

Jeremy Kuzmarov, 2014

 

"The impact of Citizens United corresponds to a widely-shared view that the US is indeed not a democracy. Wealthy and business elites of the nation wield all of the power, leaving most people on the margins."

Benjamin Dangl

 

"Over the past 200 years, all over the world but especially in the United States, legal systems have been changed to accomplish two things: limit the legal liabilities of corporations, and give corporations the rights and protections of citizens by extending constitutional rights to corporations."

George Draffan

 

PENTAGON, LAW ENFORCEMENT, INTELLIGENCE AND SURVEILLANCE

Keith Alexander-NSA

 

"It's an incestuous business, what's going on in terms of the defense contractors and the Pentagon."

Senator Claire McCaskill

 

"A study by Swiss economists Simon Luechinger and Christoph Moser "The Value of the Revolving Door: Political Appointees and the Stock Market", focusing on the defense industry due to its overwhelming weight in the federal budget, found that firms who saw their former executives appointed to government positions experienced an average stock bump of 0.82 percent and 0.84 percent - for the one- and two-day event windows - which translates into a great deal of money.
Likewise, when government officials took on corporate posts, the firms in question noticed a bump of between 0.79 and 1.05 percent. A corresponding dip in value could be seen upon the denial of a government office to a given firm's executives. These gains and dips were not due to peripheral factors affecting the defense industry, the report made clear."

Nick Barrickman

 

"Edward C. (Pete) Aldridge, Jr., in the month before he left the Pentagon to join the board of Lockheed Martin, approved a $3 billion contract to build 20 Lockheed planes, after having long criticized the program as overpriced and having threatened to cancel it. While on the Lockheed board, Aldridge was named to head President Bush's commission on space exploration. Lockheed is one of NASA's biggest contractors.
... John T. Chain, Commander of the Strategic Air Command, retired in February 1991, and became a member of the board of Northrop Grumman Corporation.
... Gordon R. England, Secretary of the Navy from May 2001 to January 2003, Deputy Secretary of the Department of Homeland Security from January 2003 to October 2003 and Secretary of the Navy since October 2003, was executive vice president of General Dynamics Corporation from 1997 to 2001.
... Ronald Fogleman, while serving on the Defense Policy Board, which advised the Secretary of Defense Donald H. Rumsfeld on military strategy, was hired by Boeing Company as a consultant while it was seeking Pentagon approval for a $20 billion contract for aerial refueling tankers.
... Joseph W. Ralston, Vice Chairman of the Joint Chiefs of Staff from March 1996 to April 2000 and Commander, U.S. European Command and Supreme Allied Commander Europe, NATO, from May 2000 to January 2003, became director on the board of Lockheed Martin, April 2003.
... James G. Roche, became Secretary of the Air Force in 2001, after holding various positions at Northrop Grumman from 1984 to 2001.
... Thomas E. White, Secretary of the Army from May 2001 until April 2003, and who had retired as an Army brigadier general in 1990, had been a senior executive at Enron Corporation, 1990-2001.
... Donald C. Winter, Secretary of the Navy under George W. Bush, is the Vice President of Northrop Grumman, which builds many of the Navy's warships and receives billions of dollars to build other weapons."

www.sourcewatch.org

 

"Firms dependent one way or another on relations with the US government have every reason to expect a financial shot in the arm when one of their own is appointed to a top government post. The marriage of big business and government has worked to help generate mega-profits for countless companies."

Nick Barrickman

 

"The government-industry revolving door puts industry-friendly experts in positions of decision-making power. Often individuals rotate between working for industry and working for the government in regulatory capacities, arrangements that are fraught with potential for conflicts of interest."

www.sourcewatch.org

 

 

 

BANKER AND FINANCIAL KLEPTOCRATS
(a partial list)


Jaime Dimon-Chase Bank / Robert Rubin-Citibank / Lloyd Blankfein-Goldman Sachs


Henry Paulson-Goldman Sachs / Tim Geithner-Federal Reserve


George Soros-financial speculator

 

"The overall level of financial concentration is much greater than can be seen by looking at the big banks alone, since what has emerged in recent years are financial conglomerates, centered in banking and insurance, and engaged in a wide range of financial transactions that dominate the U.S. economy, including off-balance sheet commitments. The ten largest U.S. financial conglomerates, by 2008, held more than 60 percent of U.S. financial assets, compared to only 10 percent in 1990, creating a condition of financial oligopoly. JPMorgan Chase now holds $1 out of every $10 of bank deposits in the country. So do Bank of America and Wells Fargo. These three banks, plus Citigroup, now issue around one out of every two mortgages and account for two out of every three credit cards. "

John Bellamy Foster and Hannah Holleman

 

"Manipulative characters, people like Lawrence Summers, Henry Paulson, Robert Rubin, Ben Bernanke, Timothy Geithner, AIG's Edward Liddy, and GoldmanSachs CEO Lloyd Blankfein, along with most of our ruling class, have used corporate money and power to determine the narrow parameters of the debate in our classrooms, on the airwaves, and in the halls of Congress - while looting the country. Many of these men appear to be so morally and intellectually stunted that they are incapable of acknowledging their responsibility for our decline."

Chris Hedges

 

"Since 2008, bad debt from banks, corporations, and private investors was in transferred from the balance sheets of private banks to the balance sheets of the central banks as a result of nine years of bailout via QE (quantitative easing), zero interest rate free money, and other policies of the central banks. The central banks bailed out the capitalist system in 2008-09 by shifting the bad debts to themselves. In the course of the last 9 years, the private system loaded itself up on still more debt than it had in 2007. Can the central banks, already bloated with $20 trillion bail out bankers and friends once again? That's the question. Attempting to unload the $20 trillion to make room for the next bailout-as the central banks now propose to do-may result, however, in precipitating the next crisis.
... After eight years of treating symptoms and not the disease, the global financial system has become addicted to super-low rates and to continued central bank excess liquidity provisioning. What started in 2008 as a massive, somewhat coordinated central bank lender of last resort experiment - i.e. global bank bailout - has over the past eight years evolved into a more or less permanent subsidisation of the private banking and financial systems by central banks. The system has become addicted to free money.
... What happened was an unprecedented acceleration in financial asset markets as equity and bond prices surged for eight years, high end real estate prices rose to prior levels, derivatives boomed, gold and crypto-currencies escalated in value, and income inequality soared to record levels - all fueled by the massive $10 trillion central bank liquidity injections that drove interest rates to zero or below."

Jack Rasmus, 2017

 

"Former Goldman Sachs executive Henry Paulson was appointed treasury secretary by George W. Bush. Goldman Sachs was deeply implicated in the illegal dealings that led to the 2007 collapse of the housing bubble and subsequent financial crash. Paulson, the bank's former CEO, conveniently presided over the bail-out of the banking industry at this time."

Nick Barrickman

 

"Since its founding in 1889, Goldman Sachs grown to be the most respected name on Wall Street. The firm's annual revenues are now heading toward the $70 billion level, primarily as a result of its incredibly profitable proprietary trading business and its leadership in investment banking. The firm earned almost $10 billion in 2006... The average employee makes $622,000 a year... The top twenty-five executives in the firm in 2006 were estimated to make $25 million each, with CEO Lloyd Blankfein the top earner on Wall Street with $54 million.
Goldman [Sachs]'s influence extends beyond the ability of its analysts and traders to drive stock or bond prices up and down, as they do daily with the reports they write and the decisions they make to buy or sell securities... It creates new financial instruments that shape the global marketplace, it can make or break the CEOs and government ministers who regularly pass through its doors looking for capital and for recommendations linked to their decisions, and it serves as the hub of an international network of deal makers.
The revolving door that allows policy makers to leave top firms to go into government and then to reenter those firms... is one way that the financial community including = Goldman Sachs - maintains its influence."

David Rothkopf

 

"In 2012 the Government Accounting Office conducted the first top-to-bottom audit of the Federal Reserve. It revealed that the Fed had provided $16 trillion in secret loans to bail out American and foreign banks and businesses during the 2008 economic crisis."

Ellen Brown, 2016

 

"There is a special breed of international financiers whose success typically is built upon certain character traits. Those include cold objectivity, immunity to patriotism, and indifference to the human condition. That profile is the basis for proposing a theoretical strategy, called the Rothschild Formula, which motivates such men to propel governments into war for the profits they yield... As long as the mechanism of central banking exists, it will be to such men an irresistible temptation to convert debt into perpetual war and war into perpetual debt."

G. Edward Griffin in his book "The Creature from Jekyll Island"

 

"The Depression was not accidental. It was a carefully contrived occurrence . The international bankers sought to bring about a condition of despair here so that they might emerge as rulers of us all."

Congressman Louis McFadden, Chairman of the House Banking and Currency Committee, 1932

 

"40% of every dollar we spend on goods and services is siphoned off the top as bank interest. The US Government is in the absurd position of paying interest to a private bank for every dollar that is put into circulation. The Federal Reserve system has privatized the power to create money, which, according to the Constitution, ought to belong to Congress alone. Presently, interest on the national debt costs the Federal government $500 billion in 2011, and, it is the fastest-growing portion of the Federal budget."

Josh Mitteldorf - first Public Banking in America conference April 28-29, Philadelphia

 

"George Soros had been one of the world's most successful and most influential investors: for the thirty years from 1969 through 2000, Soros's Quantum Fund returned investors an average of 31 percent a year. Ten thousand dollars invested with Soros in 1969 would have been worth $43 million by 2000. According to a study by LCH Investments, a fund owned by the Edmond de Rothschild Group, during his professional career Soros has been the world's most successful investor, earning, as of 2010, a greater total profit than Warren Buffett, the entire Walt Disney Company, or Apple."

Chrystia Freeland in her book "Plutocrats", 2012

 

"The dominant element in our financial oligarchy is the investment banker. Associated banks, trust companies and life insurance companies are his tools.The development of our financial oligarchy followed lines with which the history of political despotism has familiarized us: usurpation, proceeded by gradual encroachment rather than violent acts, subtle and often long-concealed concentration of distinct functions... It was by processes such as these that Caesar Augustus became master of Rome."

Louis Brandeis in Other People's Money (1913)

 

"Goldman Sachs has indirect control over all three branches of government."

www.zerohedge.com

 

"In the years prior to the breaking of the Wall Street bubble, the financial industry was engaged in predatory lending practices. They were targeting the least educated, the Americans that were most easy to prey on.
... The banks used their political power to make sure they could continue engaging in these kinds of predatory behaviors. There's no principle. It's money. It's campaign contributions, lobbying, revolving door, all of those kinds of things.
... I think we ought to go do what we did in the S&L crisis and put many of these guys in prison. These are not just white-collar crimes or little accidents. There were victims. That's the point. There were victims all over the world. The financial sector really brought down the global economy and if you include all of that collateral damage, it's in the trillions of dollars."

Joseph Stiglitz

 

"A cartel of the most powerful international banks - the current primary dealers of the Federal Reserve System... together with hedge funds and their other buy-side buddies, have power over nations... these cartel banks work to expand their territorial control beyond their national borders to put other populations in debt... The eventual end state of this dynamic is one integrated, global banking empire. It's only a matter of time before their collective balance sheets (plus the large Chinese banks now that the cartel is colluding with them) control the rest of the world."

Damon Vrabel

 

"During the past two centuries when the peoples of the world were gradually winning their political freedom from the dynastic monarchies, the major banking families of Europe and America were actually reversing the trend by setting up new dynasties of political control through the formation of international financial combines. These banking dynasties had learned that all governments must have sources of revenue from which to borrow in times of emergency. They had also learned that by providing such funds from their own private resources, they could make both kings and democratic leaders tremendously subservient to their will."

Carroll Quigley in his book "Tragedy and Hope"

 

"As the financial crisis raged in September 2008, Goldman Sachs and Morgan Stanley sought sanctuary from the Federal Reserve.
The last two big independent broker-dealers were allowed to become bank holding companies, giving them access to government liquidity that could keep them afloat."

Financial Times

 

"There is an established and well-defined identity and community of interest between a few leaders of finance, created and held together through stock ownership, interlocking directorates, partnership and joint account transactions, and other forms of domination over banks, trust companies, railroads, and public-service and industrial corporations, which has resulted in great and rapidly growing concentration of the control of money and credit in the hands of these few men."

Pujo Committee - House Committee on Banking and Currency, 1912

 

"It is estimated that some 70% of all equity shares traded are exchanged in private "dark pools" operated by the too-big-to-fail banks and Wall Street, and the majority of the remaining 30% of publicly traded shares are traded by high-frequency trading machines that hold the shares for a few seconds, or however long is needed to skim the advantages offered by proximity to the exchange and speed."

Charles Hugh Smith

 

CORPORATE KLEPTOCRATS
(a partial list)


Sheldon Adelson / Charles Koch / Bill Gates / Warren Buffet

"The Koch Briothers have bought the Republican Party. They paid a specific amount and now they own it. There hasn't been anything like that in American history."

Professor Sheldon Wolen, 2014

 

"The 2014 Forbes 400 list came out in mid-September. Since then, in less than two months, the four Waltons made $4.8 billion dollars, and the Koch brothers made $1.8 billion dollars. $6.6 billion is enough to pay the total food stamp benefits for all 48 million recipients for an entire month. Warren Buffett made 3.3 billion dollars in less than two months."

www.truth-out.org, 2014

 

"The 2012 and 2014 elections were the most expensive in American history and were financed largely by corporate money.
A report issued by the Sunlight Foundation, a government accountability group, found that for every dollar the nation's most politically active companies spent on political influence, they received $760 from the government in the form of federal business and support. In total, the study reported that 200 of the country's top campaign donors spent $5.8 billion on political lobbying and campaign contributions between 2007 and 2012 and received a whopping $4.4 trillion in return."

Alex Ellefson

 

"Among the world's ten richest people are the conservatives Charles and David Koch. They are major funders of the Tea Party, and spent an estimated $290 million to aid in Republicans' election in the recent mid-term, helping to put out some 44,000 political ads in an attempt to place the Senate back into Republican hands."

Benjamin Dangl

 

"BMGF (Bill and Melinda Gates Foundation), PATH (Program for Appropriate Technology in Health) and WHO (World Health Organization) were criminally negligent trialling the vaccines on a vulnerable, uneducated and under-informed population in India of school administrators, students and their parents who were not provided informed consent or advised of potential adverse effects or required to be monitored post-vaccination."

from the writ of petition submitted to the Supreme Court of India in 2012 by Kalpana Mehta, Nalini Bhanot and Dr. Rukmini Rao

 

"The Koch Party is not as large as the Democrats or the Republicans, but is still unprecedented in size, scope and reach. Like other political parties, it has a platform, donors and constituents, electoral and advertising strategies, voter data, and, after the 2014 midterms, members of Congress ready to shepherd its pro-corporate, anti-regulatory agenda."

www.alternet.org

 

"The market in which the new elites operate is now international in scope. Their fortunes are tied to enterprises that operate across national boundaries... They have more in common with their counterparts in Brussels or Hong Kong than with the masses of Americans not yet plugged into the network of global communications."

Christopher Lasch

 

"In the United States, a huge percentage of the most successful companies are owned by family dynasties, and most of the richest individuals are heirs to these family dynasties. The picture that begins to emerge better reflects that of an aristocracy, rather than a democracy."

Andrew Gavin Marshall

 

"In December 2012, in the small village of Gouro, Chad, Africa, situated on the edge of the Sahara Desert, five hundred children were locked into their school, threatened that if they did not agree to being force-vaccinated with a meningitis A vaccine, they would receive no further education.
These children were vaccinated without their parents' knowledge. This vaccine was an unlicensed product still going through the third and fourth phases of testing.
Within hours, one hundred and six children began to suffer from headaches, vomiting, severe uncontrollable convulsions and paralysis. The children had to wait one full week for a doctor to arrive while the team of vaccinators proceeded to vaccinate others in the village.
When the doctor finally came, he could do nothing for the children. The team of vaccinators, upon seeing what had happened, fled the village in fear.
After being shuttled around like cattle, many of these sick, weak children were finally dumped back in their village without a diagnosis and each family was given an unconfirmed sum of £1000 by the government. No forms were signed and no documentation was seen. They were informed that their children had not suffered a vaccine injury.
The groups involved with this project were PATH, WHO, UNICEF, and the Gates Foundation. During investigations, it was discovered that the whole project was being run by the Bill and Melinda Gates Foundation."

www.vactruth.com, October 5, 2014

 

"AIG's Hank Greenberg, who saved about $300 million when his high-risk insurance company was bailed out by our tax money, sued the federal government because he felt cheated by the bailout, even though without the bailout his stock would have dropped to zero.
Exxon CEO Rex Tillerson, criticized fracking regulations for "holding back the American economic recovery," and then protested when a fracking water tower was to be built near his home."

Paul Buchhet

 

"The billionaire Koch Brothers spent close to $400 million on their conservative network for the 2012 election."

www.philly.com

 

"In 2005, Bill Gates was worth $46.5 billion and Warren Buffett $44 billion. That year, the combined wealth of the 120 million people who made up the bottom 40 percent of the U.S. population was around $95 billion - barely more than the sum of the fortunes of these two men."

Chrystia Freeland in her book "Plutocrats", 2012

 

"Polio vaccines for infants funded by the Global Alliance for Vaccination and Immunisation (GAVI) are causing deaths and disabilities.
The main vaccinations in question were the polio vaccine and the 5-in-1 pentavelent vaccine, which were said to be responsible for the deaths and disability of a number of children in Pakistan, India, Sri Lanka, Bhutan and Japan.
The vaccines were funded by the Global Alliance for Vaccination and Immunization (GAVI) an organization financed by the Bill and Melinda Gates Children's Vaccine Program, the International Federation of Pharmaceutical Manufacturers Association, the Rockefeller Foundation, the United Nations Children's Fund (UNICEF), the World Health Organization (WHO) and the World Bank."

Express Tribune of Pakistan, 2011

 

"Dynastic families establish 'philanthropic foundations' to serve a dual purpose of justifying their wealth and influence (by being perceived as 'giving back'), but which, in actuality, provide concentrations of wealth managed for the purpose of 'strategic giving': to undertake social engineering projects with an ultimate objective of maintaining social control. While appearing to be 'charitable' institutions, the major foundations are predominantly interested in the process of long-term social engineering. Notably among such foundations are the Rockefeller Foundation, Carnegie Corporation, Ford Foundation, Open Society Institute, and the Bill & Melinda Gates Foundation, among many others."

Andrew Gavin Marshall

 

"On average, for every dollar spent on influencing politics, the nation's most politically active corporations received $760 from the government."

Sunlight Foundation study

 

"Global Alliance for Vaccination and Immunisation (GAVI) was using an untested vaccine on Pakistani children. Giving this dangerous vaccine to children shows the lack of empathy associated with these organizations.
GAVI was blamed for the deaths of 10,000 children in Pakistan when they administered polio vaccines that resulted in casualties." [GAVI is heavily funded by the Gates Foundation]

Susanne Posel, 2013

 

MEDIA KLEPTOCRATS
(a partial list)


Mark Zuckerberg-Facebook / Eric Schmidt-Google / Jeff Bezos-Amazon/Washington Post

"Google is destroying the most glorious gift humanity was granted in the last 300 years [the internet]. The future under Google is a fascist dystopia, their way or the highway, no room for dissidents, no room for free speech. Google is a boot stomping on your face for eternity.
Google is the deep state. Forget about conventional wars, forget about spies, forget about intelligence agencies, forget about all of that. It's all about the internet and Google running the internet. They decide how you feel, what you think, what information you can and can't look at, and ultimately who does and doesn't have a voice."

David Bowie's final message written weeks before he died, 2015

 

"The American media does not serve the truth. It serves the government and the interest groups that empower the government. The function of the "mainstream media" is to sell products and to brainwash the audience for the government and interest groups. By subscribing to it, Americans support their own brainwashing."

Paul Craig Roberts

 

"The mainsteam media's view of the world is much the same as the view from the State Department and the Pentagon."

Michael Parenti in his book "Contrary Notions"

 

"To keep information from the public is the function of the corporate media."

Gore Vidal

 

"How the press loves to brag bout its freedom. Yes, the press may be free to lie and distort and suppress and deceive and malign, but is it free to tell the truth? Many have reason to believe that the truth is dead as far as the mass media concerned."

Willis Carto

 

"Media in the United States convey a remarkably uniform view of the world, and it has been a politically specific one: anticommunist, pro-corporate, and nationalist."

Daniel Hellinger and Dennis R. Judd in their book "The Democratic Facade"

 

"The people who own and control the mainstream media are never going to risk their salaries to explore the unanswered questions of 9-11 or the money trails of JP Morgan Chase Bank, GoldmanSachs, Citibank, Haliburton, Blackwater and Homeland Security, or the Rothschilds, or the Rockefellers or the secrecy of the Council on Foreign Relations, the Bilderberg Group, the Trilateral Commission, Skull and Bones, the Bushes and the Carlyle Group or our Federal Reserve System and it's 12 private Federal Reserve Banks or the IMF or the World Bank."

Chris Pratt from his movie "Deception"

 

"The media provides a forum for those in power."

Amy Goodman in her book "Exception to the Rulers"

 

"Big media in the United States effectively represent the interests of corporate America."

9/11 and American Empire : Intellectuals Speak Out, edited by David Ray Griffin and Peter Dale Scott

 

REGULATORY KLEPTOCRACY

"A "revolving door" exists between boards of corporations, think tanks, foundations, educational institutions and advisory groups, not to mention between the state and corporate sectors."

Andrew Gavin Marshall

 

"In 1960, Senate investigators discovered that FDA officials had been receiving financial incentives from the companies they were supposed to regulate. In 1969, a congressional study revealed that thirty-seven of forty-nine top FDA officials who left the agency took jobs with food and drug companies."

Jeffrey M. Smith

 

"The U.S. government agencies have done exactly what big agribusiness has asked them to do and told them to do."

Henry Miller, in charge of biotechnology issues at the FDA from 1979 to 1994

 

"Corporations dominate public policy making via lobbying, formal advisory committees, political campaign financing, and a constantly revolving door between business and government. Each of these mechanisms of influence is supposed to be regulated."

George Draffan

 

"A revolving door blurs the lines between one of the nation's most important regulatory agencies and the interests it regulates.
Former employees of the Securities and Exchange Commission (SEC) routinely help corporations try to influence SEC rulemaking, counter the agency's investigations of suspected wrongdoing, soften the blow of SEC enforcement actions, block shareholder proposals, and win exemptions from federal law.
The revolving door was on display in 2012 when the investment industry opposed one of the top priorities of the SEC chairman, a plan to tighten regulation of money market funds. Former SEC employees lobbied to block the plan, and an SEC Commissioner who previously worked for an investment firm played a pivotal role in derailing it."

Michael Smallberg

 

"The revolving door between government defense leadership positions and leadership positions in the defense contracting community has become a fixture of Washington life."

Nicholas Kristof

 

"There is a long history of a revolving door between Monsanto and the US agencies that regulate its activities.
Ever since the first Bush Administration, presidents have been appointing ex-Monsanto lawyers, consultants, directors, chairmen, and CEOs to highly important positions in the FDA [Food and Drug Administration] and EPA [Environmental Protection Agency]. Some examples include:
... Linda Fisher worked for the EPA then headed Monsanto's Washington lobbying office before becoming deputy administrator of the EPA. She then became a Vice President of Government Affairs at Monsanto followed by vice president at DuPont.
... Margaret Miller, a senior Monsanto scientist, became Deputy Director of Human Food Safety and Consultative Services, in the FDA.
... Michael R. Taylor, a lawyer for Monsanto for several years became deputy commissioner for policy at the Food and Drug Administration (FDA) and then Administrator of the Food Safety & Inspection Service of the Dept of Agriculture. In 2010 he was appointed deputy commissioner for foods at the FDA."

www.herinst.org/

 

"The American empire is ruled by a group of people who collectively act very much like a king. They run our largest corporations and, through them, our government. They cycle through the "revolving door" back and forth between business and government. Because they fund political campaigns and the media, they control elected officials and the information we receive. These men and women are in charge regardless of whether Republicans or Democrats control the White House or Congress. They are not subject to the people's will and their terms are not limited by law."

John Perkins

 

"The Food and Drug Administration is so closely linked to the biotech industry now that it could be described as their Washington branch office."

Betty Martini of the consumer group Mission Possible

 

"Michael Taylor, a former attorney for Monsanto, went to work for the United States Food and Drug Administration (FDA), where he helped draft FDA's policy declaring that genetically modified foods are "generally regarded as safe" (GRAS). While at the FDA, Taylor also wrote the policy that exempted biotech foods from labeling. His former law firm, which still represented Monsanto, then began suing dairies that labeled their milk rBGH-free (Monsanto's bovine growth hormone to increase milk production). After these policies were written, Taylor left the FDA and eventually went back to work for Monsanto.
... Ann M. Veneman, U. S. Secretary of Agriculture (2001-2004), previously served on the International Policy Council on Agriculture, Food and Trade, a group funded by Cargill, Nestle, Kraft, and Archer Daniels Midland, and served on the board of directors for Calgene Inc (makers of genetically-engineered Flavr Savr tomato, bought by Monsanto in 1997)"

www.sourcewatch.org

 

"The movement of people to and from the financial industry is a key feature of the SEC.
... The SEC has the power to affect investors, financial markets, and the economy. Yet, the SEC has exempted certain senior employees from a "cooling off period" that would have restricted their ability to leave the SEC and then represent clients before the agency. In addition, the SEC has shielded some former employees from public scrutiny by blacking out their names in documents they must file when they go through the revolving door.
The SEC is a microcosm of the federal government, where widespread revolving expands the opportunities for private interests to sway public policy."

Michael Smallberg

 

"At the FDA, there seemed to be a trend in the place toward approval at any price. It went from a university-like setting where there was independent scientific review to an atmosphere of 'approve, approve, approve... the thinking is, 'How many things can we approve this year?' Somewhere along the way they abdicated their responsibility to the public welfare."

FDA veterinarian Richard Burroughs describing what the saw at the FDA

 

"Monsanto is a virtual retirement home for members of the Clinton administration."

The Globe and Mail newspaper, London, UK

 

"At the top of the FDA there are political appointees not necessarily bound by science, but often influenced by other agendas. Many pass through the agency at a rapid clip, moving from one regulated enterprise to another. At the same time, some of the finest scientists and public servants that I have ever met worked at the FDA. Unfortunately many of them are often hired away by universities, nonprofit groups, and other public health agencies, leaving a less dedicated and less competent residue of people not highly sought after outside of government."

James Turner, author of "The Chemical Feast: The Nader Report on the Food and Drug Administration"

 

"People think the Food and Drug Administration (FDA) is protecting them. It isn't. What the FDA is doing and what the public thinks it's doing are as different as night and day."

former FDA Commissioner Dr. Herbert Ley said in 1969

 

"The SEC's revolving door seems to be more active than ever."

Senator Charles Grassley, a senior member of the Senate Finance Committee, 2011

 

"We found there was a huge number of connections of people who had gone through the revolving door to the banks and back again, with alarming speed. The biggest banks had the most concentrated connections, and the countries that had the biggest connections were the UK, the US and Switzerland."

Organization for Economic Co-operation and Development (OECD) study led by David Miller, 2009

 

"The revolving door that allows policy makers to leave top firms to go into government and then to reenter those firms, is one way that the financial community maintains its influence."

David Rothkopf

 

"In 1976 several FDA officials and drug company executives were convicted on corruption, racketeering, and similar charges for a bribery scheme that went on from 1989-1992. Generic drug companies paid off FDA officials to approve their drugs and block approval of competitors' drugs. The generic drug companies also withheld data and even substituted other companies' brand name drugs for evaluation, instead of risking an evaluation of their own product."

Jeffrey M. Smith

 

"The first head of the Environmental Protection Agency (EPA), William Ruckleshaus, became Senior Vice President of Legal Affairs of the timber giant Weyerhaeuser Company, then returned to head the EPA in 1983. In 1988 he was appointed Chairman and Chief Executive Officer of Browning Ferris Industries, the nation's largest solid waste company, and held board positions for Monsanto, Pharmacia Corporation, Nordstrom, Weyerhaeuser and others."

www.herinst.org/

 

"A report by the Project On Government Oversight (POGO) found that from 2001 through 2010, more than 400 SEC alumni filed almost 2,000 disclosure forms saying they planned to represent an employer or client before the agency. Those disclosures are just the tip of the iceberg, because former SEC employees are required to file them only during the first two years after they leave the agency."

Michael Smallberg

 

"The major think tanks of the nation are the policy-makers of the American Empire. Think tanks bring together elites from most power sectors of society - the military, political, corporate, banking, intelligence, academia, media, etc. - and they discuss, debate and ultimately produce strategy blueprints and recommendations for American foreign policy. Individuals from these think tanks move in and out of the policy-making circles, creating a revolving door between the policy-planners and those that implement them".

Andrew Gavin Marshall

 

"A report by The Project on Government Oversight (POGO), says that former employees of the Securities and Exchange Commission (SEC) routinely help corporations try to influence S.E.C. rule-making, counter the agency's investigations of suspected wrongdoing, soften the blow of S.E.C. enforcement actions, block shareholder proposals and win exemptions from federal law.
... The report says that in three cases against UBS, after enforcement actions threatened to limit the giant Swiss bank's ability to issue new securities, the bank hired former S.E.C. lawyers. Each time, the report says, the agency granted relief.
... The POGO report found that from 2001 through 2010, 419 alumni of the S.E.C. filed almost 2,000 disclosure forms saying they planned to represent an employer or client before the agency.
... The report also found that former employees had helped companies avoid certain penalties and thwart regulatory initiatives, including an effort by Mary L. Schapiro, then its chairwoman, to reform money market funds, a sector central to the financial crisis. The report noted that former S.E.C. employees had lobbied to block the plan."

Ben Protess and Susanne Craig, 2013

 

"War profiteering fits hand-in-glove with secured profits from "defense" contracts.Such practices win bi-partisan support and keep well oiled Washington's ubiquitous revolving doors."

Saul Landau and Nelson P. Valdes

 

"A report by a non-profit government watchdog group - Project on Government Oversight (POGO) - said former SEC employees, hired away from the commission by the private sector, "routinely" help their new employers to influence the agency and blunt SEC enforcement actions.
The POGO called the phenomenon a "revolving door" that blurs the lines between one of the nation's most important regulatory agencies and the interests it regulates."

Scott Cohn

 

"At least 219 former officials at the Securities and Exchange Commission (SEC) have left since 2006 to help clients with business before the agency, bringing fresh allegations of a "revolving door" that leaves the commission too cozy with the Wall Street firms it regulates.
Between 2006 and 2010 there were 219 former SEC employees who filed letters with the agency indicating their intent to represent a client with business before the commission.
In all, those former officials advised firms on SEC business nearly 800 times."

Tim Reid

 

"The Securities and Exchange Commission (SEC) has tapped a Wall Street lawyer to police Wall Street.
The appointment comes as no surprise because the agency typically draws regulators from the ranks of the regulated. But it does illustrate a significant problem: relying heavily on people with industry connections."

Michael Smallberg, 2013

 

"The revolving door has connected the Clinton Cabinet with major manufacturers (Lockheed Martin, Union Carbide, and Ford Motors), banks and investment firms (Goldman Sachs and Citigroup), corporate foundations and think tanks (Rockefeller, Carnegie, and Brookings Institution), and public relations firms (Hill & Knowlton and Timmons)."

George Draffan

 

ACADEMIC AND SCIENTIFIC KLEPTOCRACY

"Over the last thirty years, in parallel with deregulation and the rising power of money in American politics, significant portions of American academia have deteriorated into 'pay to play' activities. The sale of academic expertise for the purpose of influencing government policy, the courts, and public opinion is now a multibillion-dollar business. Academia has become embedded within the finance industry and its greatest apologist."

Charles H. Ferguson in his book "Predator Nation", 2012

 

"A study of major research centers in the field of engineering found that 35 percent would allow corporate sponsors to delete information from papers prior to publication."

Jeffrey M. Smith

 

"Academia have become part of the business, banking, military, and political nexus. The ivory tower was supposed to be a place devoted to knowledge for its own sake and truth. Now, universities pursue truths that someone will fund a grant for."

Larry Beinhart

 

"It is simply no longer possible to believe much of the clinical research that is published, or to rely on the judgment of trusted physicians or authoritative medical guidelines. I take no pleasure in this conclusion, which I reached slowly and reluctantly over my two decades as an editor of the New England Journal of Medicine."

Dr. Marcia Angell, a physician and longtime editor-in-chief of the New England Medical Journal (NEMJ)

 

"The case against science is straightforward: much of the scientific literature, perhaps half, may simply be untrue. Afflicted by studies with small sample sizes, tiny effects, invalid exploratory analyses, and flagrant conflicts of .interest, together with an obsession for pursuing fashionable trends of dubious importance, science has taken a turn towards darkness."

Dr. Richard Horton, current editor-in-chief of the Lancet

 

"There is a systemic problem where industry, academia and government combine to determine the health of the country. Industry provides funding for public health reports, and academic leaders with industry ties play key roles in developing them. A revolving door exists between government jobs and industry jobs, and government research funding goes to the development of drugs and devices instead of healthy nutrition.

T. Colin Campbell

 

"With less research money available from public sources, more and more scientists in the U.S. and Europe are dependent on corporate sponsors, and hence, corporate acceptance of their research and results. Among Britain's top research universities, for example, dependence on private funds often amounts to 80 to 90 percent of the total research budget."

Jeffrey M. Smith

 

"Thirty-six private college presidents were paid more than $1 million in 2012, according to a 2014 report from the Chronicle of Higher Education.
... Median pay was up 2.5% over 2011, to nearly $400,000.
The highest paid president in 2012 was Shirley Ann Jackson from New York's Rensselaer Polytechnic Institute. She made $7.1 million. RPI specializes in engineering and science and has 5,400 undergrad students and 1,200 graduate students.
... The president of a similarly sized school, Quinnipiac University, came in second. John Lahey raked in $3.8 million that year, his 25th at the school.
... Columbia University's Lee Bollinger made $3.4 million in 2012. Rounding out the top five are University of Pennsylvania's Amy Guttman, who got $2.5 million, and Charles Middleton at Roosevelt University in Chicago who made $1.8 million.
... Meanwhile, average tuition at private colleges was up 4.2% that year, jumping from $27,883 to $29,056, according to The College Board. And it's still on the rise. This year, tuition is up 3.7%.
... More students are taking on debt to finance their college education. Forty million Americans now have at least one outstanding student loan. That's up from 29 million in 2008."

Katie Lobosco

 

"In higher education today corporations not only sponsor a growing amount of research, they frequently dictate the terms under which it is conducted."

Atlantic Monthly

 

"A poll of 500 scientists working in either government or recently privatized research institutes in the UK revealed that 30 percent had been asked to change their research conclusions by their sponsoring customer."

Jeffrey M. Smith

 

NGO, AID AGENCY, FOUNDATION AND THINK TANK KLEPTOCRACY

"It is a well-known and documented fact in independent media circles that international aid is nothing but business masquerading as charity. Approximately 80% of the aid money dedicated to developing countries ends up in the coffers of businesses and non-governmental organizations (NGOs) from the donor countries. Far from helping, this dynamic only creates a relationship of dependency hampering, even preventing the "recipient" country from developing the very structures which could liberate it from this colonial relationship."

Julie Lévesque, 2015

 

"The NGOs carry out US imperial policies in Haiti in exchange for "charity funding" - which means, they money-launder US taxpayer and donor dollars and put it in their pockets. US imperial policy is about destroying Haiti manufacturing and local economy, expropriating Haiti natural resources and making a larger Haiti market for their subsidized Wall Street monopolies."

Ezili Dantò, 2013

 

"The U.S. Agency for International Development (USAID), among other agencies, encouraged Haiti to start exporting manufactured and processed agricultural products, in tandem with emphasizing the need to import grain staples on the international market U.S. experts worked to disassemble Haiti's rural economy By 2003, approximately 80% of all rice consumed in Haiti was imported from the United States."

Leah Chavla, 2010

 

"The New York Times reported that major think tanks, including the Brookings Institute and the Atlantic Council, have allowed foreign donors to call the shots on their policy prescriptions."

Mike Krieger

 

"The tax-free status of many institutions - including the Rockefeller Foundation, the Carnegie Endowment for International Peace and the Ford Foundation - allowed the incredibly wealthy to shield their fortunes from taxation, appear to do good works and boost public opinion of their principle members while influencing, writing and developing official public policy through the steering mechanisms of its own tax-free grant making, think tank and research powers. Many of its directors and board members were in "respectable" positions to shift into official government positions through the revolving door without appearing to be acting on behalf of their corporate masters."

Aaron Dykes and Melissa Melton

 

"The U.S. Agency for International Development (USAID), among other agencies, encouraged Haiti to start exporting manufactured and processed agricultural products, in tandem with emphasizing the need to import grain staples on the international market . U.S. experts worked to disassemble Haiti's rural economy. By 2003, approximately 80% of all rice consumed in Haiti was imported from the United States."

Leah Chavla, Council on Hemispheric Affairs, 2010

 

"International "aid" is a well-known capitalist scheme aimed at developing markets in the global south for businesses from the North. Of course this "aid" will benefit Haitians. But only the very few elite ones: those in power and the rich corporate elite. Haiti's open for business and deluxe hotels will be welcoming businessmen so they can set up their sweat shops in a cool and luxurious environment."

Julie Lévesque, 2015

 

"NGOs and their Hollywood, media and academic cohorts play firemen to the US government's arsonist role in Haiti and the global south. The professional posers - the white industrial charitable complex - play an underhanded game. For instance, The Center for Economic and Policy Research (CEPR) analyzed the $1.15 billion pledged after the January 2010 quake to Haiti and found that the vast majority of the money it could follow went straight to U.S. companies or organizations, more than half in the Washington area alone."

Ezili Dantò, 2013

 

"The American Petroleum Institute is run by a board of directors that includes an executive from ARAMCO, the Saudi state-owned oil company that takes its orders from the Saudi ruling family."

Mike Krieger

 

"The Bill & Melinda Gates Foundation, as well as the Gates-Buffett led billionaires' "giving pledge" are keeping in stride with the groundwork laid and continued by the Rockefeller Foundation and Ford Foundation. Heavily funded initiatives to push vaccines, birth control, population control, Western-oriented "education," GMO and corporate-dominated agriculture and the like remain some of the most consequential and troubling policies done in the name of "good" by tax-free entities wielding enormous, nearly incalculable wealth and power."

Aaron Dykes and Melissa Melton

 

EUROPE KLEPTOCRATS
(a partial list)



David Cameron-Britain / Tony Blair-Britain / Nicolas Sarkozy-France

"The late 1970s and early 1980s was the decade of Ronald Reagan and Margaret Thatcher. They both sharply cut taxes at the top - Reagan slashed the highest marginal tax rate from 70 percent to 28 percent and reduced the maximum capital gains tax to 20 percent-reined in trade unions, cut social welfare spending, and deregulated the economy.
This Washington Consensus was exported abroad, too. Its greatest impact, and its greatest validation, was in communist regimes. The collapse of communism in the Soviet bloc and the adoption of market economics in communist China ended that ideology's seventy-year-long intellectual and political challenge to capitalism, leaving the market economy as the only system anyone has come up with that works."

Chrystia Freeland in her book "Plutocrats", 2012

 

"While modern dynasties share many characteristics of past ruling families, they have their major distinctions, largely derived from the fact that most of them do not hold formal political or absolute authority. Past dynasties typically held absolute authority over their local regions, states or kingdoms. That type of authority does not exist at the major state, regional or global levels today, with few exceptions, such as the ruling monarchs of the Gulf Arab dictatorships. Yet, while the mechanism of authority is less centralized or formalized in the modern world, the scope and reach of authority - or influence - has expanded exponentially. In short, while in past eras, a single family may have exerted absolute authority over a comparably small region or empire, today, the indirect influence of a dynastic family may reach across the globe, though it remains far from absolute."

Andrew Gavin Marshall

 

"Why are millions of people in Britain persuaded that a collective punishment called "austerity" is necessary?
Following the economic crash in 2008, a rotten system was exposed. For a split second the banks were lined up as crooks with obligations to the public they had betrayed.
But within a few months, the message changed. The mugshots of guilty bankers vanished from the tabloids and something called "austerity" became the burden of millions of ordinary people.
Today, many of the premises of civilised life in Britain are being dismantled in order to pay back a fraudulent debt - the debt of crooks. The "austerity" cuts are said to be 83 billion British pounds. That's almost exactly the amount of tax avoided by the same banks and by corporations like Amazon and Murdoch's News UK. Moreover, the crooked banks are given an annual subsidy of £100bn in free insurance and guarantees - a figure that would fund the entire National Health Service."

John Pilger

 

"Former French President Nicolas Sarkozy is under investigation for his involvement in a drug deal worth over $54 million. Investigators discovered that he was connected to possible drug traffickers, and regularly used a private airplane that was caught attempting to transport large amounts of cocaine internationally.
... The Dassault Falcon 50 jet that was raided on a Dominican Republic Airfield on March 19, 2013, was regularly used by Sarkozy, and there is a trail of paperwork connecting him and his associates to the aircraft. He is also known to have been on the jet on several different occasions while the operations were occurring, flying at least three times between December 2012 and February 2013.
... Sarkozy is well-known for his history of corruption and has been facing numerous criminal charges since he lost his presidential immunity from prosecution in 2012."

John Vibes, 2015

 

"The City of London dominates the world's speculative markets. A tightly interlocking group of corporations, involved in raw materials extraction, finance, insurance, transportation, and food production, controls the lion's share of the world market, and exerts virtual ``choke point'' control over world industry."

Jeffrey Steinberg

 

"In China, the political decision-making process is given the democratic facade. Individuals are perceived to rise by way of their virtue and merit, slowly making their way up to leadership positions, all the way up to the Politburo Standing Committee, and Party members participate in selection process. In reality, the Party bosses behind the scenes control the major factions within the Party which in turn control the votes.
That's how the process works in the European Union as well, when it comes to electing members of the European Commission president and commissioners. As in China, European Union member states form factions behind the scenes, and jockey for position, seeking allies, to advance their preferred candidates for the most important posts on the European Commission."

Andrew Gavin Marshall , 2014

 

"It doesn't matter who pays Tony Blair, as long as Tony Blair gets paid. When he's not busy committing war crimes or advising JP Morgan, the former UK Prime Minister, who has amassed a fortune estimated at over $115 million, can be found doing public relations work for some of the world's most autocratic rulers... The oil and gas rich former Soviet Republic of Kazakhstan has a horrible record when it comes to human rights, but that doesn't stop Tony Blair from advising the country's leadership in exchange for millions of dollars per year."

Michael Krieger, 2014

 

"Thanks to lax legislation and limp enforcement, SICAV Funds [translated as 'investment companies with variable capital', similar to open-ended mutual funds] have effectively become mini-tax havens allowing many of the Spain's best-heeled individuals and families to avoid paying almost any tax on their investment earnings. One way they do that is by not cashing in their dividends or selling their shares in the funds, since that would accrue taxes of 19 percent and 21 percent respectively. Instead, what they do is execute regular draw-downs on their capital investment. By withdrawing just part - rather than all - of their initial investment, they can pay as little as 1 percent tax on their earnings."

www.blacklistednews.com

 

"Ex-British Prime Minister Tony Blair is now reported to be worth nearly 105 million dollars."

Philip Giraldi

 

"With the 2008 debt crisis, there was an increased centralization of power in all technocratic EU governing bodies including the European Commission, the European Council and the European Central Bank.
... When it comes to electing members of the European Commission president and commissioners, European Union member states form factions behind the scenes, and jockey for position, seeking allies, to advance their preferred candidates for the most important posts on the European Commission.
... In Europe you have the formal appearance of a democratic process, while behind the scenes, powerful factions vie for power, dictating who gets appointed to the top spots in the technocratic institutions that run the European Union. The European Parliament, which essentially has no real power, is tasked with approving and appointing through a largely ceremonial vote, rubber-stamping the preselected candidates for president of the European Commission and his or her commissioners. In the end, you have unelected technocrats implementing policies the affect the lives of 500 million people in the EU."

Andrew Gavin Marshall, 2014

 

"At a lavish reception at a private residence from which the press is barred, Kate and William - Duke and Duchess of Cambridge - will shake the hands of 15 wealthy couples who are each paying 35,000 British pounds for the privilege. It is the start of an important US campaign which they hope will pull in millions for their favourite charities.
The event will be hosted by British advertising mogul Sir Martin Sorrell and his wife Cristiana at their vast apartment in mid-town Manhattan.
... William and Kate are principally there to meet and greet and to raise money for the Royal Foundation, the charity run by the couple and Prince Harry.
... More than 650,000 British pounds was raised at a polo match, with individuals paying up to 65,000 British pounds to play alongside William."

Katie Nicholl and Caroline Graham - www.dailymail.co.uk, December 2014

 

"Tony Blair gave Kazakhstan's autocratic president advice on how to manage his image after the slaughter of unarmed civilians protesting against his regime.
In a letter to Nursultan Nazarbayev, obtained by The Telegraph, Mr Blair told the Kazakh president that the deaths of 14 protesters "tragic though they were, should not obscure the enormous progress" his country had made.
Mr Blair, who is paid millions of pounds a year to give advice to Mr Nazarbayev, goes on to suggest key passages to insert into a speech the president was giving at the University of Cambridge, to defend the action.
Mr Blair is paid through his private consultancy, Tony Blair Associates (TBA), which he set up after leaving Downing Street in 2007. TBA is understood to deploy a number of consultants in key ministries in Kazakhstan. It is thought TBA's deal with Kazakhstan is worth around £7 million a year."

The Telegraph newspaper, London, 2014



"The Duchess of Alba, Spain's second richest woman, passed away this week at the age of 88. She was the head of the world's most ennobled family, with a staggering 46 noble titles to its name. Besides the titles and the privileges and prestige that come with them, the duchess left behind an estimated wealth of somewhere between ¤600 million and ¤3.2 billion.
The reason for such a gaping discrepancy is that it's almost impossible to put a price tag on many of her family's most valuable possessions. They include Christopher Columbus' first ever map of the Americas; the first edition of Cervantes' Don Quixote; the first ever Bible translated into Spanish; three Goyas, eight Rubens, a Velázquez and 15 Rembrandts. That's not to count the family's castles, palaces, stately homes and tens of thousands of hectares of land, almost all of which have been passed down to her children and grandchildren.
The family has already benefited from preferential treatment by the Spanish tax authorities: because of its cultural importance 90% of the family's foundation is exempt from inheritance tax. As for the remaining 10%, it is to be taxed at an average rate of 0.2%, meaning that out of a total estimated wealth of up to ¤3.2 billion, the Duchess' heirs will pay ¤6 million in tax."

www.blacklistednews.com

 

"In China, the political decision-making process is given the democratic facade. Individuals are perceived to rise by way of their virtue and merit, slowly making their way up to leadership positions, all the way up to the Politburo Standing Committee, and Party members participate in selection process. In reality, the Party bosses behind the scenes control the major factions within the Party which in turn control the votes.
That's how the process works in the European Union as well, when it comes to electing members of the European Commission president and commissioners. As in China, European Union member states form factions behind the scenes, and jockey for position, seeking allies, to advance their preferred candidates for the most important posts on the European Commission."

Andrew Gavin Marshall , 2014

 

"Many of Europe's richest landowners and corporations receive billions of euros annually from the EU's Common Agricultural Policy (CAP). CAP has become a huge slush fund for assorted European dukes, earls and princes. The reason is simple: the payment of CAP subsidies is based on acreage alone and takes no account of wealth, making the scheme one of the most regressive imaginable - the more you own, the more you get.
80 families in Andalusia pocketed a combined ¤100 million in CAP (Common Agricultural Policy) funds last year. Of the total ¤2 billion spent on the region, one of Spain's poorest with an unemployment rate of 35%, ¤1.6 billion ended up in the pockets of landowners.
A similar trend has been witnessed across the EU, although it is most pronounced in countries with a very unequal distribution of land ownership - countries like Spain and the UK.
Billions of euros will continue to be pried from the half-empty pockets of Europe's austerity-wracked workers and deposited in the bank accounts of some of the continent's wealthiest companies and families - not once, as happened with the bank bailouts, but in perpetuity. In the most perverse of incentives, the more land the nobility, both of old and new, buy up, the more money they will receive in welfare checks."

www.blacklistednews.com

 

"Greece has failed to address rising wealth/income inequality because the country's elites have a vested interest in keeping things as they are. Since the early 1990s, a handful of wealthy families -- an oligarchy in all but name -- has dominated Greek politics. These elites have preserved their positions through control of the media and through old-fashioned favoritism, sharing the spoils of power with the country's politicians. Greek legislators, in turn, have held on to power by rewarding a small number of professional associations and public-sector unions that support the status quo."

writer Pavlos Eleftheriadis

 

"With the 2008 debt crisis, there was an increased centralization of power in all technocratic EU governing bodies including the European Commission, the European Council and the European Central Bank.
Just like in China, in Europe you have the formal appearance of a democratic process, while behind the scenes, powerful factions vie for power, dictating who gets appointed to the top spots in the technocratic institutions that run the European Union. The European Parliament, which essentially has no real power, is tasked with approving and appointing through a largely ceremonial vote, rubber-stamping the preselected candidates for president of the European Commission and the commissioners. In the end, you have unelected technocrats implementing policies the affect the lives of 500 million people in the EU."

Andrew Gavin Marshall , 2014

 

"In the Britain, just 0.6% of the population owns 69% of the land."

www.blacklistednews.com

 

KLEPTOCRATS IN RELIGION
(a partial list)

Rev. Sun Myung Moon / Rev. Pat Robertson

"The real value of the Catholic Church is its secret worldwide monetary network headquartered in a sovereign state and a financial division in the Cayman Islands with no accountability or fear of criminal prosecution.
The Church has roughly 5,000 prelates around the world, each one appointed by the Pope based on the man's demonstrated loyalty to the Church above all else, as heads of dioceses. Each one has the capacity for hidden bank accounts, investments, slush funds named for some phony charity or foundation. Under the guise of "freedom of religion," most can operate with little or no governmental oversight.

Betty Clermont

 

"The Vatican has large investments with the Rothschilds of Britain, France and America, with the Hambros Bank, with the Credit Suisse in London and Zurich. In the United States it has large investments with the Morgan Bank, the Chase-Manhattan Bank, the First National Bank of New York, the Bankers Trust Company, and others. The Vatican has billions of shares in the most powerful international corporations such as Gulf Oil, Shell, General Motors, Bethlehem Steel, General Electric, International Business Machines, T.W.A., etc. At a conservative estimate, these amount to more than 500 million dollars in the U.S.A. alone."

Avro Manhattan from his book "The Vatican Billions"

 

"The Vatican rules over approximately 2 billion of the world's 6.1 billion people. The colossal wealth of the Vatican includes enormous investments with the Rothschild's in Britain, France, and the USA, and with giant oil and weapons corporations like Shell and General Electric. The Vatican solid gold bullion worth billions, is stored with the Rothschild controlled Bank of England and the US Federal Reserve Bank."

Alan Lamont

 

"Vaticano S.p.A. by Gianluigi Nuzzi was published January 1, 2009. Documents obtained by a Vatican employee who didn't want them published until after his death show the Vatican Bank [Institute for Works of Religion (IOR)] to be "a unique 'offshore' corridor for politicians around the world who want to keep their money away from legal controls.The IOR is like a credit card that ensures privileges to be granted in exchange for political backing, legal provisions and business support"."

Betty Clermont

 

"With the spreading gap between rich and poor, the ideal of a public state in which all classes participated was slowly supplanted by the dominance of a deep state in which a few manipulated the many. This was facilitated by a parallel development in the media, thanks in large part to huge influxes of foreign money invested by new press barons ... including the Reverend Sun Myung Moon's Unification Church, with links to the Korean CIA."

Peter Dale Scott

 

"The Institute for Works of Religion (IOR), commonly referred to as the Vatican Bank, is a privately held financial institution located inside Vatican City. Founded in 1942, the IOR's role is to safeguard and administer property intended for works of religion or charity. The bank accepts deposits only from top Church officials and entities, according to Italian legal scholar Settimio Caridi. It is run by a president but overseen by five cardinals who report directly to the Vatican and the Vatican's secretary of state. Because so little is known about the bank's daily operations and transactions, it has often been called "the most secret bank in the world"."

Avi Jorisch

 

"The EU Commission and the Council of Europe's MONEYVAL inspectors ... are seemingly oblivious to the accusation before the International Criminal Court at The Hague of Vatican "crimes against humanity." They sustain the pretense of Vatican decency and respectability because they want the Pope's banking empire to continue servicing their "dark money" - a financial system so effective the Pope was just moved up from 7th to 5th on Forbe's list of the "Most Powerful People in the World"."

Betty Clermont

 

"Billionaire Sun Myung Moon lost $2 to $3 billion on The Washington Times. The losses in supporting conservative media are part of a strategy of ideological control. He and other billonaires buy bulk quantities of ultra-conservative books bringing them to the top of the NY Times bestseller list and then give away copies to "subscribers" to their websites and publications. They fund conservative "think tanks" like Heritage and Cato with hundreds of millions of dollars a year. All this buys them respectability and a megaphone."

Peter Phillips and Mickey Huff

 

"The Vatican's treasure of solid gold has been estimated by the United Nations World Magazine to amount to several billion dollars. A large bulk of this is stored in gold ingots with the U.S. Federal Reserve Bank, while banks in England and Switzerland hold the rest. But this is just a small portion of the wealth of the Vatican, which in the U.S. alone, is greater than that of the five wealthiest giant corporations of the country. When to that is added all the real estate, property, stocks and shares abroad, then the staggering accumulation of the wealth of the Catholic church becomes so formidable as to defy any rational assessment."

Avro Manhattan from his book "The Vatican Billions"

 

EURASIA AND SOUTH ASIA KLEPTOCRATS
(a partial list)


Mikhail Khodorkovsky-Russia / Hamid Karzai-Afghanistan / Islom Karimov & Gulnara Karimov (daughter)-Uzbekistan


Benazir Bhutto-Pakistan / Shah Pahlavi-Iran / Recep Erdogen-Turkey

"Russia, with a population of 139 million, has the highest wealth inequality in the world (except for a few Caribbean islands).
... Russia currently has 84,000 dollar millionaires, a figure forecast to rise to 133,000 by 2018.
... Worldwide there is 1 billionaire for every $170 billion in household wealth; but in Russia, there is 1 billionaire for every $11 billion.
... Most of the dollar billionaires in Russia, made their fortunes by buying up highly prized state assets of the old USSR, or through securing lucrative contracts awarded by the Kremlin for which the closest political connections are necessary."

www.economywatch.com, 2013
[2013 Credit Suisse Global Wealth Report]

 

"With the collapse of the Soviet Union, efforts were made to distribute state assets equitably: most of the housing stock was given away to residents and shares in Gazprom were allocated to Russian citizens.
But other choice assets in resource-rich companies went to the chosen few, and subsequent developments reinforced the importance of political connections rather than entrepreneurial talent."

www.economywatch.com, 2013

 

"Hamid Karzai's regime in Afghanistan evolved into a full-blown narco-kleptocracy, its banking and justice system operating as giant extortion rackets. Government officials accepted bribes from Taliban commanders and secured their release from prison to ensure the perpetuation of the war so they could continue to grow rich off of foreign aid money and the war economy."

Jeremy Kuzmarov, Global Research, 2014

 

"One hundred people in India own wealth equivalent to 25% of India's GDP.
... India has more poor people than all the poorest countries of Africa put together. India has more than 800 million people who live on less than .50 cents a day. It has the largest population of malnourished children. It has deployed its army against its poorest. The reason Narendra Modi is being backed by all the corporations to be Prime Minister, is because he has shown himself to be unblinking in the face of bloodshed."

Arundhati Roy

 

"The success of kleptocrats rests on their ability to use a particular type of political strategy- divide-and-rule. Members of society need to cooperate in order to depose a kleptocrat. The kleptocrat may undermine such cooperation, however, by using tax revenues, the rents from natural resources and the funds from foreign aid to bribe other groups to maintain his position."

Daron Acemoglu, Thierry Verdier and James A. Robinson, 2003

 

"An upmarket spa in Kazakhstan plans to offer discerning tourists caviar spas. Visitors will be offered a set of luxury treatments based on Beluga caviar, a variety of cavier found primarily in the Caspian Sea. Considered one of the best caviars in the world, Beluga cavier costs up to $4,500 a pound."

http://rt.com, 2014

 

"Mining mogul and ex-Karnataka-state minister Janardhan Reddy, after spending 3 years in jail on charges of corruption, and released on bail in January 2015, has thrown a wedding for his daughter costing an estimated $100 million. Bride Brahmani's jewellery for the wedding cost $7.5 million, while her sari cost a further $3.5 million. The guests were invited to the wedding with gold-plated invitations, which arrived in gold-plated boxes. Bollywood stars were lined-up to perform in the three-day spectacular, and Bollywood directors were hired to create sets that resembled ancient Hindu temples to form a backdrop to the wedding, inside the sprawling grounds of the Bangalore Palace. Guests were transported about in luxury bullock carts and fed in a purpose-built village inside the grounds. Elephants stood guard at the entrance of the huge air-conditioned tent where the ceremony took place. An estimated 50,000 guests were in attendance.
... The extravagant event is taking place at the same time as the government's demonetization of the country's currency, which has forced millions of Indians to queue up in day-long lines outside banks across the country as they attempt to change old currency notes that are now worthless."

www.thesun.co.uk, November 2016

 

"Most of India's super-rich weren't software pioneers or inventive manufacturers. Instead too many people have gotten too rich based on their proximity to the government. Land, natural resources, and government contracts or licenses are the predominant sources of the wealth of our billionaires and all of these factors come from the government."

Indian entrepreneur Raghuram Rajan

 

"A 1,000-room palace built for Turkey's president Tayyip Erdogan will cost even more than the original £385m ($615m) price tag.
The additional costs are due to a new 250-room private residence for the president, and thousands of imported Italian trees.
It is bigger than either the White House or the Kremlin."

www.bbc.com, 2014

 

EAST ASIA AND SOUTHEAST ASIA KLEPTOCRATS
(a partial list)


Thaksin Shinawatra-Thailand / Sultan Bolkiah-Brunei / Fedinand Marcos-Philippines

Than Shwe-Myanmar / General Suharto-Indonesia

"In China, the political decision-making process is given the democratic facade. Individuals are perceived to rise by way of their virtue and merit, slowly making their way up to leadership positions, all the way up to the Politburo Standing Committee, and Party members participate in selection process. In reality, the Party bosses behind the scenes control the major factions within the Party which in turn control the votes."

Andrew Gavin Marshall , 2014

 

"The seventy richest members of the NPC [National People's Congress] made more money in 2011 than the total combined net worth of all the members of all three branches of U.S. government - the president and his cabinet, both houses of Congress, and the justices of the Supreme Court. The top seventy members of the NPC added $11.5 billion to their combined net worth in 2011, bringing their total to $89.8 billion. That 2011 gain of the top seventy Chinese legislators is more than 50 percent greater than the total net worth of all 660 members of the three federal branches of U.S. government, whose 2011 net worth was $7.5 billion. The contrast is equally striking when you compare the very richest members of the NPC with their U.S. equivalents. The wealthiest 2 percent of the NPC-the top sixty members-had an average net worth of $1.44 billion in 2011. The top 2 percent of U.S. legislators-eleven Congress members-had an average wealth of $323 million."

Chrystia Freeland in her book "Plutocrats", 2012

 

"Those who understand power in China and how it works, know that they need to work with those who wield power, so it's important that they know how the princeling system works and how the family power system and dynastic structure within China functions.
The Chinese economy and wealth is dominated by as few as 12 families and as many as several hundred families. These families have immense wealth and power. When you hold power in China, you are able to build up networks of power and privilege, developing strategic power alliances with other princeling families.

Andrew Gavin Marshall , 2014

 

"In a state-capitalist system like China's, making money by being close to the state isn't an exception to the rules or a violation of them - it is how the system really works.
... In China, what moves this structure is not a market economy and its laws of supply and demand, but a carefully balanced social mechanism built around the particular interests of the revolutionary families who constitute the political elite. China is a family-run business.
... Greed is the driving force behind the protectionist walls of the state-owned economy inside the system, and money is the language."

Chrystia Freeland in her book "Plutocrats", 2012

 

"The descendents and the families of the eight immortals [Deng Xiaoping (1904-1997), Chen Yun (1905-1995), Li Xiannian (1909-1992), Peng Zhen (1902-1997), Yang Shangkun (1907-1998), Bo Yibo (1908-2007), Wang Zhen (1908-1993), Song Renqiong (1909-2005)], and many of their supporting cadres, as well as supporting cadres of former presidents Jiang Zemin (1993-2003) and Hu Jintao (2003 -2013), spun vast networks in which they were able to control major state-owned industries which were responsible for China's rapid economic growth. These families and their descendents were able to enrich themselves, siphoning public funds into private and foreign bank accounts, hidden offshore in the Caribbean, in Switzerland and various other opaque tax havens and banking paradises.
... The descendents of the "eight immortals" are known within China and outside China as "princelings". The princelings lead lavish and extravagant lifestyles. They are largely educated in elite Western universities like Oxford, Harvard and Yale. The princelings are deeply influential within China by virtue of their birth, because their relatives run the State-owned companies and key institutions, and therefore, they have great access to the levers of power.
Western political, corporate and financial interests seeking to gain a foothold in China typically do so through reaching out to the princelings. Major corporations and banks hire princelings in order to gain access to the Chinese market through their parents or relatives who run major state banks or industries. It is a mutually beneficial relationship to enrich both the families and the western banks or corporations involved. All the big western Wall Street banks and city of London banks are involved."

Andrew Gavin Marshall , 2014

 

"The "princelings" are the sons and daughters of today's Chinese leadership, and often the grandchildren of the leaders of the Maoist revolution. They form an important political faction in the Chinese Communist Party, and many of them are plutocrats."

Chrystia Freeland in her book "Plutocrats", 2012

 

"China is still at the point of the gangster state - ruled by gangster crime families which have been very effective in taking power, holding power and exploiting power, and establishing family dynasties to continue to wield power and accumulate wealth. They engage in backroom deals with each other in order to decide who serves on the Politburo Standing Committee and who rules the country. It's all a game of power politics."

Andrew Gavin Marshall , 2014

 

"Many accounts of the worst kleptocracies illustrate how the ruler was able to use foreign aid to stay in power and fight off challenges... Foreign aid seems to have little positive effect on the rate of economic growth in less-developed countries...There is a large amount of anecdotal evidence that foreign aid leads to worse governance."

Daron Acemoglu, Thierry Verdier and James A. Robinson, 2003

 

"The Chinese president is the chief dictator of China and holds enormous power, and past presidents continue to wield enormous power through the networks and the patronage systems that they established.
These main power factions and dominant families largely revolving around former presidents and heads of state who manage significant patronage networks, are able to negotiate and pre-decide behind closed doors who is appointed to the Politburo Standing Committee and who becomes President. It's the same system that has ruled China for thousands of years.
... Xi Jinping, China's current president (a princeling), was preselected many years ago to be president. Ultimately, Standing Committee members choose the next President. The selection process is organized behind the scenes by the main power factions within Chinese politics - one centered around the former Chinese president Jiang Zemin, and the other centered around former Chinese president Hu Jintao."

Andrew Gavin Marshall , 2014

 

"Many developing countries have suffered under the personal rule of kleptocrats, who implement highly inefficient economic policies, expropriate the wealth of their citizens, and use the proceeds for their own glorification or consumption... Kleptocratic policies are more likely when foreign aid and rents from natural resources provide rulers with substantial resources to buy off opponents."

Daron Acemoglu, Thierry Verdier and James A. Robinson, 2003

 

MIDDLE EAST KLEPTOCRATS
(a partial list)


Mohamed Ben Ali-Tunisia / Prince Mohammed bin Salman-Saudi Arabia / Hosni Mubarak-Egypt

"Kleptocratic regimes seem to be more common in natural-resource-rich countries... Greater natural resource rents facilitate kleptocracy... The presence of oil increases the probability that a country will be a dictatorship."

Daron Acemoglu, Thierry Verdier and James A. Robinson, 2003

 

"Arab governments are undemocratic, authoritarian, autocratic governments. They rule in spite of and against the will of their peoples."

Rashid Khalidi

 

"40,000 Masai people will be evicted from their homeland in Tanzania, because the Dubai royal family has bought it with the intention of using it as a reserve to hunt big game.
The sale of the land will rob them of their heritage and directly or indirectly affect the livelihoods of 80,000 people. The area is crucial for grazing livestock on which the nomadic Masai depend."

www.salon.com

 

"In powerful states and empires, families have been essential in the process of constructing and governing the major institutions within those societies, as well as in the direct control of the imperial or state structure itself. Whether emperors, kings, queens or sultans, family dynasties have very often exerted direct political control of society. This has been the case for much of human history."

Andrew Gavin Marshall

 

"For Arab regimes, keeping their chairs, keeping their thrones, keeping their money, their power, is the only thing that's really important. Their people? They don't care about their people."

Rashid Khalidi

 

AFRICA KLEPTOCRATS
(a partial list)


Meles Zenawi-Ehiopia / Yoweri Museveni-Uganda / Sani Abacha-Nigeria


Paul Kagame-Rwanda / Robert Mugabe-Zimbabwe / Mobutu Sese Seko-Zaire / Jose Eduardo dos Santos-Angola

"Isabel dos Santos is Africa's only female billionaire, and also the continent's youngest. She has quickly and systematically garnered significant stakes in Angola's strategic industries-banking, cement, diamonds and telecom-making her the most influential businessperson in her homeland.
... Every major Angolan investment held by Isabel dos Santos stems either from taking a chunk of a company that wants to do business in the country or from a stroke of the president's pen [her father Jose Eduardo dos Santos] that cut her into the action. Her story is a rare window into the same, tragic kleptocratic narrative that grips resource-rich countries around the world.
For President Dos Santos it's a foolproof way to extract money from his country, while keeping a putative arm's-length distance away. If the 71-year-old president gets overthrown, he can reclaim the assets from his daughter. If he dies in power, she keeps the loot in the family.
... The dos Santos family had Christmas trees flown in from New York and $500,000 worth of bubbly imported from a Lisbon restaurateur.
...Some 70% of Angolans live on less than $2 a day. And by the government's own count, 10% of the country's population is scrambling for food due to drought and bureaucratic neglect."

Kerry A. Dolan and Rafael Marques de Morais, 2014

 

"Jacob Zuma, the president of South Africa, plans to renovate his rural home in Nkandla, KwaZulu-Natal province at an estimated cost of 16.62 million British pounds.
... Upgrades to Zuma's private residence, include a helipad, underground living quarters with about 10 air-conditioned rooms, a medical clinic for the president and his family, houses for security staff, air force and police units, underground parking, playgrounds and a visitors' centre.
... Zuma, shares the property with his four current wives and their children. Taxpayers already maintain two state residences in Pretoria and Cape Town.
... Newspaper reports in South Africa said public spending on Zuma's residence dwarfed that for the past presidents FW De Klerk, Nelson Mandela and Thabo Mbeki. Zuma's residence was declared a "national key point", meaning details are secret under an apartheid-era law."

www.theguardian.com, 2012

 

"Paul Kagame, the hero of the official story of Rwanda's genocide, was almost certainly the biggest war criminal to have emerged from those horrifying events. Kagame led the Tutsis' main militia, the RPF. He almost certainly ordered the shooting down of the Rwandan president's plane, the trigger for a civil war that quickly escalated into a genocide; on the best estimates, his RPF was responsible for killing 80% of the 1 million who died inside Rwanda, making the Hutus, not the Tutsis, the chief victims; and his subsequent decision to extend the civil war into neighbouring Congo, where many Hutu civilians had fled to escape the RPF, led to the deaths of up to 5 million more.
... Tony Blair, Bill Clinton, Kofi Annan and many others have helped to whitewash Paul Kagame's crimes against humanity and provide a veneer of legitimacy to his current oppressive rule. Anyone who has threatened to blow the lid, like Carla del Ponte, the chief prosecutor at the UN's international tribunal on Rwanda, has been forced out."

Jonathan Cook, 2014

 

"The perpetrator of the Rwandan genocide, Paul Kagame, is the President of Rwanda.
Western governments and media have covered up his crimes and praise him as a great humanitarian who has healed Rwanda and is totally supported by the people. The truth is that Kagame has proved himself a worse totalitarian that Hitler, Stalin, and Poll Pot combined. He has turned Rwanda into a fear-ridden psychological prison.
Paul Kagame is a genocidist who has killed more than five times as many people as Idi Amin."

Paul Craig Roberts

 

"The International Criminal Tribunal on Rwanda indicted 93 Rwandan Hutus, and no Tutsis, for the 1994 massacres in Rwanda. The court never indicted anyone for the assassinations of the Rwandan and Burundian presidents that shattered Rwanda's fragile peace and, by the court's own admission, started the slaughter.
... During its 20 years in operation, the court indicted 93 Rwandan Hutus, convicted 61 and spent $2 billion. In 2003, former Chief Prosecutor Carla Del Ponte announced that she intended to indict Rwanda's Tutsi president, Paul Kagame, for the assassination of his predecessor, Rwandan President Juvenal Habyarimana, and Burundian President Cyprien Ntaryamira; but instead, she was summarily fired.
No one was ever indicted for the assassinations, which, by the ICTR's own admission, shattered a fragile peace and started the ensuing panic and slaughter of 1994.
... The International Criminal Tribunal on Rwanda (ICTR) were really engaged in a political exercise to basically justify the regime that exists there today, which is a military dictatorship established by Paul Kagame masquerading as a political structure."

Phil Taylor, radio host of CIUT-Ontario radio, 2014

 

"Joseph Mobutu seized power in the Congo in a military coup in 1965 and quickly established himself as a dictator at the head of a one-party state. There is no doubt that the aim of Mobutu was to use the state for the enrichment of himself and his family. He was a true kleptocrat.
In the 1970s, 15-20% of the operating budget of the state went directly to Mobutu. In 1977 Mobutu's family took $71 million from the National Bank for personal use and by the early 1980s his personal fortune was estimated at $5 billion.
The personal wealth accumulation of Mobutu and his clique destroyed much of the economy. The nationalization of foreign owned firms, most of which ended up in the hands of Mobutu and the regime, was particularly disastrous, destroying what was left of the economy.
... An analysis of the relationship between the Mobutu regime and foreign aid agencies suggests that aid and foreign financial support was crucial in propping up the regime."

Daron Acemoglu, Thierry Verdier and James A. Robinson, 2003

 

"Between 2007 and 2010 at least $32 billion of oil revenue went missing from the Angolan federal ledger, according to the International Monetary Fund, which later tracked most of the money to "quasi-fiscal operations." Angola comes in at 157 out of 176 nations ranked by Transparency International's Corruption Perceptions Index."

Kerry A. Dolan and Rafael Marques de Morais, 2013

 

LATIN AMERICA AND CARIBBEAN KLEPTOCRATS
(a partial list)


Enrique Nieto-Mexico / Alberto Fujimori-Peru / Anastasio Somoza-Nicaragua


Jean-Claude Duvalier-Haiti / Augusto Pinochet-Chile / Rafael Trujillo-Domincan Republic

"Many countries in Africa and the Caribbean suffer under "kleptocratic" regimes, where the state is controlled and run for the benefit of an individual, or a small group, who use their power to transfer a large fraction of society's resources to themselves. Examples of kleptocratic regimes include the Democratic Republic of the Congo (Zaire) under Mobutu Sese Seko, the Dominican Republic under Rafael Trujillo, Haiti under the Duvaliers, Nicaragua under the Somozas, Uganda under Idi Amin, Liberia under Charles Taylor, and the Philippines under Ferdinand Marcos."

Daron Acemoglu, Thierry Verdier and James A. Robinson, 2003

 

"President Bill Clinton and his cronies had begun to search for a way to continue their economic stranglehold on the Haiti, and this would include a suitable Haitian President: specifically, one who would be popular with the young but lack patriotism. They found their man in the musician Michel Martelly. His election became a mere formality after an electoral commission excluded from participation the Fanmi Lavalas party, which commanded 80 percent of the electorate. Observers legitimized the results despite countless irregularities and ballots from only about 20 percent of the electorate. Such are the conditions under which Michel Martelly was (s)elected President of Haiti."

Dady Chery, 2014

 

"On November 25, 2014, tens of thousands poured through the streets of Port-Au-Prince, Haiti to demand the departure of President Michel Martelly.
Martelly plans to begin ruling by decree on Jan. 12, 2015 when Parliament expires, because he has held no elections during his three and a half years in power.
Since Martelly has come to power, he has organized three carnivals a year and zero elections. He has corrupted state institutions, particularly the judiciary and Parliament. He replaced elected mayors with his own hand-picked representatives. Corruption is unprecedented. Unemployment, inflation and insecurity are all surging around the country."

Thomas Péralt

"There is no doubt about the kleptocratic tendencies of Rafael Trujillo. Indeed, relative to the size of the economy, Trujillo's regime was probably the most successful case of kleptocratic accumulation in history. By the end of his regime, the fortune of the Trujillo family was equal to about 100% of GDP at current prices and the family, controlled almost 80% of the country's industrial production. About 60% of the country's labor force depended on him directly or indirectly, with 45% employed in his firms and another 15% working for the state."

Daron Acemoglu, Thierry Verdier, James A. Robinson, 2003

 

"The giant Caracol Industrial Park in Haiti was inaugurated in March 2013 in the presence of President Martelly, as well as "Haitian and foreign diplomats, the Clinton power couple, millionaires and actors, all present to celebrate the government's clarion call: 'Haiti is open for business.
... Caracol was promoted as a way to decentralize the country and potentially create between 20,000 and 65,000 jobs. The results one year later are far from expectations. Only 1,388 people work in the park, and, at the end of the day, most Haitians have only 57 gourdes, or US$1.36, in hand after paying for transportation and food out of their minimum wage 200-gourde (US$4.75) salary."

Julie Lévesque, 2015


THE KLEPTOCRATIC POWER STRUCTURE

THE INNER CIRCLE

A CABAL OF THE RICHEST AND MOST POWERFUL ELITE WHO SET THE AGENDA AND COMMAND THE GLOBAL ORDER

 

THE RULING OLIGARCHY

RUN THE GLOBAL POLITICAL AND FINANCIAL SYSTEM

BILLIONAIRES, CORPORATE AND BANKING ELITE, DYNASTIC RULING ELITE

 

THE COUNSELORS

INFORM AND GUIDE THE INNER CIRCLE AND THE RULING OLIGARCHY

CONSULTANTS, ADVISORS, LAWYERS, THINK-TANKS, CLUBS AND SOCIETIES, BOARDS OF DIRECTORS

 

THE ENABLERS

INTELLECTUALS - LEGITIMIZE THE SYSTEM

ACADEMICS, ECONOMISTS, HISTORIANS

 

TECHNOLOGISTS - KEEP THE SYSTEM WORKING

COMMUNICATONS, SURVEILLANCE AND COMPUTER SPECIALISTS

 

PROPAGANDISTS - SELL THE SYSTEM TO THE PUBLIC

POLITICIANS, CELEBRITY ELITE, PUNDITS, JOURNALISTS, EDITORS, PRODUCERS, MEDIA OWNERS

 

ENFORCERS - PROTECT THE SYSTEM

PENTAGON, POLICE, HOMELAND SECURITY, FBI, NSA, CIA, SURVEILLANCE SPECIALISTS

 

DESTROYERS - KILL FOR THE SYSTEM

MERCENARIES, ASSASSINS, SPECIAL FORCES, FALSE-FLAG SPECIALISTS, MILITARY COMMANDERS

 

THE REST

THE BOTTOM 99%

 

WHAT DOES GLOBAL KLEPTOCRACY LOOK LIKE?

RULE BY A PLUTOCRATIC ELITE

"When plunder becomes a way of life for a group of men living together in society, they create for themselves in the course of time a legal system that authorizes it and a moral code that glorifies it."

Frédéric Bastiat

 

"The world is controlled by a small group of sociopaths for their benefit. Consequently all the systems that we take for granted were designed by them or manipulated into a form that supports their agenda of exclusive control and personal benefit.
While it is not hard to imagine different systems and ways of organizing structures that would be much more equitable, why would the group that currently controls governments, the issuance of money, armies, media, energy, medical, education, chemicals, etc. be interested in accommodating more equitable ways of running the world?
After all, since they are sociopathic, what does the loss and suffering of millions or even a billions of "useless eaters" mean to them. The psychopaths are in charge because a normal human, who can feel empathy and compassion, cannot compete with a psychopath. That is why they constantly rise to the top positions of power and control."

Hugh Tierna, 2014

 

"The continued concentration of government power into the hands of a few - until it is total power - is exactly what the world's "super-rich" are determined to achieve."

G. Edward Griffin, 2011

 

"In the 1970s, as wages detached from productivity, the rich progressively got richer. They used their wealth to reduce taxes on capital, role back critical regulations, break up the unions, install their own lapdog politicians, push through trade agreements that pitted US workers against low-paid labor in the developing world, and induce their shady Central Bank buddies to keep interest rates locked below the rate of inflation so they could cream hefty profits off gigantic asset bubbles. Now, 40 years later, they own the whole shooting match, lock, stock and barrel. And it's all because management decided to take the lion's share of productivity gains."

Mike Whitney

 

"The question is not how to get good people to rule; the question is how to stop the powerful from doing as much damage as they can to us."

Karl Popper

 

"International "aid" is a well-known capitalist scheme aimed at developing markets in the global south for businesses from the North. Of course this "aid" will benefit Haitians. But only the very few elite ones: those in power and the rich corporate elite. Haiti's open for business and deluxe hotels will be welcoming businessmen so they can set up their sweat shops in a cool and luxurious environment."

Julie Lévesque

 

"Kleptocracy is a word that's usually applied to flawed or failed governments in Africa, Latin America or Asia. Such governments are typically led by autocratic strong men who shower themselves and their cronies with all the fruits of extracted wealth, whether stolen from the people or squeezed from their country's natural resources."

William J. Astore

 

"It makes no difference which party is in power; whether a Democrat or Republican Administration,
the Rockefeller people hold the key positions, especially in the fields of foreign policy and finance. The House of Rockefeller is the eternal power.
... To the Rockefellers, socialism is not a system for redistributing wealth - especially not for redistributing their wealth - but a system to control people and competitors. Socialism puts power in the hands of the government. And since the Rockefellers control the governments, government control means Rockefeller control."

Gary Allen

 

"The shaping of the will of Congress and the choosing of the American president has become a privilege reserved to 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."

Lewis H. Lapham

 

"In the world of globalization, families cooperate, compete, and perhaps even conspire against and with each other or themselves. They keep the politics of dynastic power from being understood or contemplated by the masses. We are distracted with sports, entertainment, 'royal weddings', a fear of foreigners and terrorism, and are blinded and manipulated by a deeply embedded propaganda system."

Andrew Gavin Marshall

 

"When a majority of citizens disagrees with economic elites and/or with organized interests, they generally lose. Moreover, because of the strong status quo bias built into the US political system, even when fairly large majorities of Americans favor policy change, they generally do not get it."

from a research study at Princeton and Northwestern University (2014)

 

"The upward distribution of wealth is the natural corollary of decades of aggressive lobbying, government infiltration, and political arm-twisting. Ruling elites are a like-minded bunch who know what they want and will stop nothing until they get it. The system has been effectively restructured to serve their needs and those of their constituents. They alone control the levers of state power as well as the marionette politicians who do their bidding."

Mike Whitney

 

"If big government is good for cartels, then bigger government is better, and total government is best. It is for this reason that, throughout their entire history, cartels have been found to be the behind-the-scenes promoters of every conceivable form of totalitarianism. They supported the Nazis in Germany; they embraced the Fascists in Italy; they financed the Bolsheviks they in Russia. And they are the driving force behind that nameless totalitarianism that increasingly becomes a grim reality in the United States of America."

G. Edward Griffin, 2011

 

"What is at hand isn't so much about lofty ideals. It's not about Socialism. It's not about Capitalism. It's not about Communism. It's not about being a progressive, a conservative or a liberal. It's not about left vs right... It's much more fundamental than all of that. Quite simply, it's about People vs. Power, that's it, nothing more. Those that have and wield institutional power, and those that do not.
... Take a good look around, I defy you to point to a single socioeconomic construct in our supposedly enlightened and advanced society of today which is not essentially determined by that crude polarizing characterization. Whether it be our bought and paid for Political Class, our rapacious Banking Sector, our completely captured Regulators, our entitled Multinational Corporations, our entrenched Governmental Agencies, our marauding Military Industrial Complex, our fleecing Healthcare Providers, our muzzled Free Press, our hijacked Justice System, or our grossly overpaid CEOs, Athletes, and Entertainers, they all have one thing in common. What they seek above all else is to expand existing institutional dominion and their own privileges within it."

Bruno de Landevoisin, 2014

 

"The global super-elite are becoming a transglobal community of peers who have more in common with one another than with their countrymen back home. Whether they maintain primary residences in New York or Hong Kong, Moscow or Mumbai, today's super-rich are increasingly a nation unto themselves."

Chrystia Freeland in her book "Plutocrats", 2012

 

"It is no use trying to escape their arrogance by submission or good behavior. Robbers of the world, having by universal plunder exhausted the land, their drive is greed. If the enemy be rich, they are rapacious; if poor, they lust for domination. Neither rule of the East nor West can satisfy them. Alone among men, they crave with equal eagerness poverty and riches. To plunder, slaughter, seize with false pretenses, they give the lying name 'empire.' And where nothing remains but a desert, they call that 'peace.'"

Tacitus, The Agricola and the Germania

 

"The public good has been, and is today, used as a device and an excuse for self-aggrandizement by an elitist circle that pleads for world peace and human decency... These same international interests and promoters are always willing to determine what other people should do, but are signally unwilling to be first in line to give up their own wealth and power. Their mouths are open, their pockets are closed."

Antony C. Sutton in his book "Wall Street and the Bolshevik Revolution"

 

"One percent of the population owns more than seventy percent of the nation's industry, and ten percent own all of it. About half of this, in turn, is held in trust by the ten leading Wall Street banks, which, in turn, are heavily influenced, if not controlled outright, by a group so small that they could be counted on the fingers of one hand. This represents the greatest and most intense concentration of wealth and power that the world has ever seen."

G. Edward Griffin, 2011

 

"Ruling elites are a like-minded bunch who know what they want and will stop nothing until they get it. The system has been effectively restructured to serve their needs and those of their constituents. They alone control the levers of state power as well as the marionette politicians who do their bidding."

Mike Whitney

 

"Our elites - the ones in Congress, the ones on Wall Street, and the ones being produced at prestigious universities and business schools - do not have the capacity to fix our financial mess. Indeed, they will make it worse. They have no concept, thanks to the educations they have received, of how to replace a failed system with a new one. They are petty, timid, and uncreative bureaucrats superbly trained to carry out systems management. They see only piecemeal solutions that will satisfy the corporate structure. Their entire focus is numbers, profits, and personal advancement. They lack a moral and intellectual core. They are as able to deny gravely ill people medical coverage to increase company profits as they are to use taxpayer dollars to peddle costly weapons systems to blood-soaked dictatorships. The human consequences never figure into their balance sheets. The democratic system, they believe, is a secondary product of the free market-which they slavishly serve.
... Our power elite has a blind belief in a decaying political and financial system that has nurtured, enriched, and empowered it. But the elite cannot solve our problems. It has been trained only to find solutions, such as paying out trillions of dollars of taxpayer money to bail out banks and financial firms, to sustain a dead system. The elite, and those who work for them, were never taught how to question the assumptions of their age. The socially important knowledge and cultural ideas embodied in history, literature, philosophy, and religion, which are at their core subversive and threatening to authority, have been banished from public discourse.
... The elite as well as those equipped with narrow, specialized vocational skills, know only how to feed the beast until it dies. Once it is dead, they will be helpless. Don't expect them to save us. They don't know how. They do not even know how to ask the questions. And when it all collapses, when our rotten financial system with its trillions in worthless assets implodes and our imperial wars end in humiliation and defeat, the power elite will be exposed as being as helpless, and as self-deluded as the rest of us."

Chris Hedges

 

CENTRAL BANK CONTROL OF ECONOMIES

"Mayer Amschel Bauer Rothschild's five sons were sent to the major capitals of Europe - London, Paris, Vienna, Berlin and Naples - with the mission of establishing a banking system that would be outside government control. The economic and political systems of nations would be controlled not by citizens but by bankers, for the benefit of bankers. Eventually, a privately-owned "central bank" was established In nearly every country. This central banking system has now gained control over the economies of the world. Central banks have the authority to print money in their respective countries, and it is from these banks that governments must borrow money to pay their debts and fund their operations. The result is a global economy in which not only industry but government itself runs on "credit" (or debt) created by a banking monopoly headed by a network of private central banks."
"Central banking functions on the expansion and creation of money and debt, which is lent at interest, thus serving as the source of income for the central banking system."

Andrew Gavin Marshall

 

"Powerful private families decide who controls the Federal Reserve, the Bank of England, the Bank of Japan and even the European Central Bank. Money is in their hands to destroy or create. Their aim is the ultimate control over future life on this planet, a supremacy earlier dictators and despots only ever dreamt of."

F. William Engdahl

 

"Central banks control the monetary system of the world and determine when business cycles are going to change simply by increasing or decreasing the money supply in the banking system."

Joan Veon

 

"Eventually international bankers owned as private corporations the central banks of the various European nations. The Bank of England, Bank of France and Bank of Germany were not owned by their respective governments, as almost everyone imagines, but were privately owned monopolies granted by the heads of state, usually in return for loans."

Gary Allen in his book "None Dare Call It Conspiracy"

 

"International financiers want a completely centralized global economic structure, including a single currency system, the eventual removal of physical currency to be replaced with more easily controlled digital currency, and ultimately a central authority for global economic governance. In the pursuit of a "New World Order," they must destroy the structure of the "old world"."

zerohedge.com, 2016

 

"Bank for International Settlements (BIS) was part of a plan 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...to be controlled in a feudalistic fashion by the central banks of the world acting in concert by secret agreements."

Carroll Quigley in his book "Tragedy and Hope"

 

"In the 1920s, the Governor of the Federal Reserve Bank of New York, and the Governor of the Bank of England, decided to use the financial power of Britain and the United States to force all the major countries to operate through central banks, free from all political control, with all questions of international finance to be settled by agreements by such central banks without interference from governments. These men were not working for the governments and nations of whom they purportedly represented, but were the technicians and agents of the dominant investment bankers of their own countries."

Andrew Gavin Marshall in his book "Global Power and Global Government"

"The private issuance of a nation's money has given tremendous power to central bankers, a power so great that even democratically elected governments are subservient to them. Governments are not in control of the economy; it is the all-powerful banksters who create the money, determine interest rates, and decide who gets loans and who doesn't."

Gabriel Donohoe

 

"An overview of all wars since the establishment of the Bank of England in 1694 suggests that most of them would have been greatly reduced in severity, or perhaps not even fought at all, without fiat money. It is the ability of governments to acquire money without direct taxation that makes modern warfare possible, and a central bank has become the preferred method of accomplishing that."

G. Edward Griffin in his book "The Creature from Jekyll Island"

 

"The Bank of International Settlements [BIS] is where all of the world's central banks meet to analyze the global economy and determine what course of action they will take next to put more money in their pockets, since they control the amount of money in circulation and how much interest they are going to charge governments and banks for borrowing from them. When you understand that the BIS pulls the strings of the world's monetary system, you then understand that they have the ability to create a financial boom or bust in a country. If that country is not doing what the money lenders want, then all they have to do is sell its currency."

Joan Veon

 

"BIS regulations serve only the single purpose of strengthening the international private banking system, even at the peril of national economies. The IMF and the international banks regulated by the BIS are a team: the international banks lend recklessly to borrowers in emerging economies to create a foreign currency debt crisis, the IMF arrives as a carrier of monetary virus in the name of sound monetary policy, then the international banks come as vulture investors in the name of financial rescue to acquire national banks deemed capital inadequate and insolvent by the BIS."

economist Henry CK Lui

 

"Central banks are integral to the modern fiat monetary system, and the power and influence invested in this role is such that central banks, and, more importantly, those who control them, have an immense impact on human affairs. The evolution of the banking system from earliest times has involved not only empirical, accidental modifications, but also a secret, concerted, plan to create a financial system of supremely corrupting and corruptible capacity."

"Bank of England" from www.overlordsofchaos.com/

 

"Eight families - only four of which reside in the US. - have 80% ownership of the New York Federal Reserve Bank, by far the most powerful Fed branch. They are the Goldman Sachs, Rockefellers, Lehmans and Kuhn Loebs of New York; the Rothschild's of Paris and London; the Lazards of Paris; and the Israel Moses Seifs of Rome."

J. W. McCallister, an oil industry insider with House of Saud connections

 

"The Federal Reserve is commonly called the "Fed," confusing it with the U.S. government; but it is actually a private corporation. It is so private that its stock is not even traded on the stock exchange. The government doesn't own it. You and I can't own it. It is owned by a consortium of private banks, the biggest of which are Citibank and J. P. Morgan Chase Company. These two megabanks are the financial cornerstones of the empires built by J. P. Morgan and John D. Rockefeller, the "Robber Barons" who orchestrated the Federal Reserve Act in 1913."

Ellen Hodgson Brown in her book "Web of Debt"

 

"The Federal Reserve Banks create money out of thin air to buy Government bonds from the United States Treasury, lending money into circulation at interest, by bookkeeping entries... Where does the Federal Reserve system get the money with which to create Bank Reserves? Answer. It doesn't get the money, it creates it. When the Federal Reserve writes a check, it is creating money. The Federal Reserve is a total moneymaking machine."

Congressman Wright Patman House Banking and Currency Committee, 1964

 

"The establishment of the Federal Reserve (1913) ensured that the United States would become indebted to and owned by international banking interests, and thus, act in their interest. The Fed financed the US role in World War I, provided the credit for speculation, which led to the Great Depression and massive consolidation for the interests that own the Federal Reserve System. It then financed US entry into World War II."

Carroll Quigley in his book "Tragedy and Hope"



"When the federal government needs more money, the Federal Reserve does not merely create and print it as it would do were it a government agency. No, the Federal Reserve creates it as a loan and charges the government interest on it."

U.S. State Senator Jack Metcalf

"The central banking system has been the most powerful network of institutions in the world; it has reigned supreme over the capitalist world order, almost since its inception. Central banks are the perfect merger of private interests and public power.
Central banks work behind the scenes; their weapons are the financial instruments they create and employ. With the stroke of a pen, they can destroy a nation and bankrupt a people."

Andrew Gavin Marshall

 

"It must not be felt that these heads of the world's chief central banks were substantive powers in world finance. They were not. Rather, they were technicians and agents of the dominant investment bankers of their own countries, who had raised them up and were perfectly capable of throwing them down."

Carroll Quigley in his book "Tragedy And Hope"

 

"The Federal Reserve System is in effect a private banking monopoly, not answerable to Congress or the public, but with legal monopoly control over money supply."

Antony C. Sutton in his book "Wall Street and FDR"

 

"A cartel of the most powerful international banks - the current primary dealers of the Federal Reserve System... together with hedge funds and their other buy-side buddies, have power over nations... These cartel banks work to expand their territorial control beyond their national borders to put other populations in debt... The eventual end state of this dynamic is one integrated, global banking empire. It's only a matter of time before their collective balance sheets (plus the large Chinese banks now that the cartel is colluding with them) control the rest of the world."

Damon Vrabel

 

"States, most especially the large hegemonic ones, such as the United States and Great Britain, are controlled by the international central banking system, working through secret agreements at the Bank for International Settlements (BIS), and operating through national central banks (such as the Bank of England and the Federal Reserve)... The same international banking cartel that controls the United States today previously controlled Great Britain and held it up as the international hegemon. When the British order faded, and was replaced by the United States, the US ran the global economy. However, the same interests are served. States will be used and discarded at will by the international banking cartel; they are simply tools."

Andrew Gavin Marshall

 

"There are six major banks in the U.S. at the present time, and they control most of the stock of the Federal Reserve System. The Rockefeller family has large blocks of stock in two of the major banks: J.P. Morgan Chase and Citigroup. The Rothschild family has a controlling interest in two major banks and significant holdings in the other major banks through the Barclay Bank and the State Street Bank. Why is that important? Two families control the major banks, the major banks control the FED, and the FED controls the U.S. economy."

Stanley Monteith

 

"Powerful private families decide who controls the Federal Reserve, the Bank of England, the Bank of Japan and even the European Central Bank. Money is in their hands to destroy or create. Their aim is the ultimate control over future life on this planet, a supremacy earlier dictators and despots only ever dreamt of."

F. William Engdahl

 

"Central banks have utilized and promoted wars for their own profit, starting with the Rothschild involvement with the Napoleonic wars, and continuing up to the present day."

G. Edward Griffin in his book "The Creature from Jekyll Island"

 

"The first step in having a Central Bank established in a country is to get them to accept an outrageous loans, which puts the country in debt of the Central Bank and under the control of the Rothschilds. If the country does not accept the loan, the leader of this particular country will be assassinated and a Rothschild aligned leader will be put into the position, and if the assassination does not work, the country will be invaded and have a Central Bank established with force all under the name of terrorism."

www.godlikeproductions.com, 10/23/11

 

"The most vital and powerful force within the capitalist global political economy is the central banking system... the central banking system, is also the source of the greatest wealth and power, essentially managing capitalism - controlling the credit and debt of both government and industry."

Andrew Gavin Marshall, Global Research

 

"The private issuance of a nation's money has given tremendous power to central bankers, a power so great that even democratically elected governments are subservient to them. Governments are not in control of the economy; it is the all-powerful banksters who create the money, determine interest rates, and decide who gets loans and who doesn't."

Gabriel Donohoe

 

"Central banks control the monetary system of the world and determine when business cycles are going to change simply by increasing or decreasing the money supply in the banking system."

Joan Veon in an article "Who Runs The World And Controls The Value Of Assets?"

 

"Eventually international bankers owned as private corporations the central banks of the various European nations. The Bank of England, Bank of France and Bank of Germany were not owned by their respective governments, as almost everyone imagines, but were privately owned monopolies granted by the heads of state, usually in return for loans."

Gary Allen in his book "None Dare Call It Conspiracy"

 

"The Chairman of the Federal Reserve has one essential mandate: to preserve the power of the big banks."

F. William Engdahl

 

"The Rothschilds have a majority stake in nearly all the central banks in the world."

Dean Henderson in his book "Big Oil & Their Bankers In The Persian Gulf"

AUTHORITARIAN GOVERNMENT

"For George Orwell, the state was organized through traditional forms of authoritarian political power. What Orwell could not have imagined was the reconfiguration of the state under a form of corporate sovereignty in which corporations, the financial elite, and the ultra-rich completely controlled the state and its modes of governance. Hyper-capitalism was no longer merely protected by the state, it has become the state. "

Henry Giroux

 

"The technotronic era involves the gradual appearance of a more controlled society. Such a society would be dominated by an elite, unrestrained by traditional values. Soon it will be possible to assert almost continuous surveillance over every citizen and maintain up-to-date complete files containing even the most personal information about the citizen. These files will be subject to instantaneous retrieve/review by the authorities."

National Security Adviser Zbigniew Brzezinski wrote in 1970

 

"Over the past few decades America's political system has slowly transformed from a democracy into an oligarchy, where wealthy elites wield most power. A Princeton University study concludes that rich, well-connected individuals on the political scene now steer the direction of the country, regardless of or even against the will of the majority of voters."

www.talkingpointsmemo.com, 2014

 

"The central point that emerges from our research is that economic elites and organized groups representing business interests have substantial independent i