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Luis Miguel Goitizolo

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RE: ARE WE NOW IN THE END TIMES?
5/24/2016 6:06:30 PM

The Illuminati Were Amateurs — The Facts Show These Five Families Rule The World

MAY 23, 2016

five-families-rule-the-worldBy Claire Bernish

As you begin to understand world governments don’t have your best interests in mind — that enemies of the State could more aptly be called enemies of the globe’s corporate and banking elite — power comes sharply into focus. Those who actually hold the power control the world’s economies, and it’s clear the fates of over 7.4 billion souls now inhabiting the planet are, at best, the least of their concern.

Of those at the top of food chain, so to speak, a small collection of families dictates both domestic and foreign policy — mainly through fueling war and conflict for the good of the military and pharmaceutical industries, and to a greater extent, corporate and central banks.

Five families, in particular, have made a killing off killing — from the enormously lucrative business of debt it creates to the industries feeding off the plundering of world resources — and therefore control the world.

5. Rothschild

Perhaps the most well-known among those five are the Rothschilds, whose dominance of central banks, nefarious insider trading, and nearly invisible hand in world governance — without consideration for the greater good — frequently earns the blanket description, evil.

Mayer Amschel Rothschild’s dealing in rare coins and antiques in Frankfurt, Germany, in the 1760s earned a rich patronage, allowing him to broaden his focus to include banking by the 1790s. In its 2005 list of 20 of “The Most Influential Businessmen” of all time, Forbes describes Rothschild as“a founding father of international finance,” who “helped invent modern banking by introducing concepts such as diversification, rapid communication, confidentiality and high volume.”

Carrying on the various aspects of the family businesses, Rothschild’s five sons “effectively formed a multinational bank.” During the Napoleonic Wars, theyfacilitated “loans to warring regimes and traded in cotton, arms, and wheat in defiance of Napoleon’s ban on British exports” — cementing the family’s prominence in political circles as well as influence over governmental affairs. Nathan Mayer Rothschild formed the eponymous bank in London and financed the Duke of Wellington’s interests during those wars.

Estimates of the Rothschild family’s net worth vary greatly, in part because Mayer Amschel dictated a male-only inheritance structure in his will, forcing female descendants into family marriages to maintain their grasp on wealth. Additionally, the sheer number of family members and locations of Rothschild financial and business dealings make assessing the totality of family wealth virtually impossible — though it’s rumored to be in the hundreds of billions.

Cloaked in secrecy for centuries, rumors concerning the Rothschild family run the gamut — including the widely held suspicion it maintains a degree of control over the U.S. federal reserve. One defining fact about the Rothschilds — noted by both establishment historians and so-called conspiracy theorists, alike — has been its astonishing abilities to not only maintain such a high degree of wealth and influence, but to keep numerous businesses under family control over such a long period of time.

Mergers and partnerships aid have absolutely assisted the Rothschilds’ rise to power, such as the 2012 purchase by the Rothschild Investment Trust of a 37 percent stake in Rockefeller Financial Services — which cemented the family’s financial ties to the second dynasty in this list.

4. Rockefeller

Son of a conman, John Davidson Rockefeller effectively began to solidify his American empire after buying out several partners who owned Cleveland’s largest oil refinery in 1865 — which became the foundation for the formation of the Standard Oil Company of Ohio in 1870. By then purchasing rival refineries and distributing its oil around the world, Standard — and Rockefeller — established a staggering monopoly on the industry, cornering some 90 percent of America’s refineries and pipelines.

Rockefeller’s pursuit of the market extended to every facet of Standard’s business, and “In order to exploit economies of scale, Standard Oil did everything from build its own oil barrels to employ its own scientists to figure out new uses for petroleum by-products,” according to History.com.Simply labeling Standard Oil a monopoly not only undercuts the company’s breadth, but downplays the savage and covert tactics Rockefeller employed to maintain its control over American oil.

Thanks in part to a series of 19 articles by Ida Tarbell, published in 1902 by McClure’s Magazine, the U.S. attorney under Pres. Theodore Roosevelt sued Standard Oil of New Jersey under the Sherman Antitrust Act of 1890. Over the course of the 1908 trial, Standard Oil’s dubious practices came to light — including secret deals with railroads, corporate spies, and bribes of elected officials, among other things.

Rockefeller “was accused of crushing out competition, getting rich on rebates from railroads, bribing men to spy on competing companies, of making secret agreements, of coercing rivals to join the Standard Oil Company under threat of being forced out of business, building up enormous fortunes on the ruins of other men, and so on,” the New York Times summarized in 1937.

Though the trial resulted in the fractioning of Standard Oil into 34 companies, the government permitted the original stockholders, including Rockefeller, to keep their ownership stakes while putatively acting as competitors. Thus, the monopoly effectively continued for at least another decade afterward, though it arguably lives on in the exertion of power by companies like ExxonMobil, Chevron, and BP — just a few of those resulting from the official destruction of the Standard Oil empire.

Called “history’s richest man” by Forbes in 2014, at the time of John D. Rockefeller’s death in 1937, “his assets equaled 1.5% of America’s total economic output. To control an equivalent share today would require a net worth of about $340 billion, more than four times that of Bill Gates,” whom the publication listed as the world’s richest man at the time of the article.

Other estimates imagine Rockefeller’s worth closer to $400 billion, and considering his habit of shady business practices, it wouldn’t be difficult to believe some of his fortune remained secreted away from the public spotlight.

All notoriety aside, Rockefeller stands as a testament to self-education, with his only formal training being a ten-week course in accounting — though it remains a matter of conjecture what good could have been accomplished had he focused his craftiness on other pursuits.

In 2015, the approximately 200 descendants comprising the Rockefeller family were conservatively estimated to have a combined net worth of $11 billion — placing the dynasty well below the top of the list of America’s richest, at #22.

Grandson David Rockefeller was, in 1954, among the founding members of the Bilderberg Group — whose highly secretive annual meetings have long been fodder for theories that ultra-elite families seek to gain or maintain control of world governments.

3. Morgan

A panic inundated the U.S. in 1893, partly resulting from fear about the flow of the country’s surplus gold to foreign nations — but John Pierpont Morgan seized the opportunity to ‘save’ the economy and restore confidence in the dollar. Morgan had followed in his father’s footsteps in the banking industry, and formed J.P. Morgan & Company in 1895 — which, in effect, rescued the gold standard.

In an agreement with then-President Grover Cleveland, Morgan “led a syndicate of bankers” — which, incidentally, included Rothschild — “to sell U.S. bonds to buy back gold from foreign investors. The firm offered the bonds for sale at $112.25 and sold out the entire issue in New York within 22 minutes,” according to J.P.Morgan.com.

With that gold and bond exchange, Morgan controlled the U.S.’ gold supply — allowing him the flexibility to then finance the creation of U.S. Steel, after an offer to buyout Andrew Carnegie for a price in excess of the U.S. government’s entire budget. After threatening Westinghouse — which had employed Nikola Tesla’s electricity using alternating current — with a patent infringement lawsuit, Morgan gained control of the emerging electric light industry and formed General Electric.

Morgan’s unethical, cutthroat business practices — the creation of monopolies by eliminating competition, maximizing profits by slashing jobs and reducing wages, and lack of workplace safety — became known as ‘morganization.’ In fact, figures like Morgan became known as ‘robber barons’ for such tactics — their uninhibited greed fueled a severe stratification of wealth and became a popular target for muckraking journalists.

And his attempts to profit while exerting influence didn’t stop there. In an investigation afterward, it was revealed America had entered World War I, not for political and policy concerns, but for the profits of the banking and munitions industries.

Senator Gerald P. Nye, who headed the eponymous Nye Committee,vowed at the outset, “when the Senate investigation is over, we shall see that war and preparation for war is not a matter of national honor and national defense, but a matter of profit for the few.”

As it turned out, U.S. banks, including Morgan’s, lent over 100 times as much money to allied countries than it had to adversaries — and in order to protect those loans, the financiers urged the Wilson Administration to come to the aid of their allies by joining the war. Dubbed the “merchants of death,” arms manufacturers were again rumored to ally with the Morgans in the buildup to the second world war.

Recent rumors have suggested a far comfortable relationship than the public would prefer, between what is now JP Morgan Chase and the Federal Reserve. Despite the U.S. abandoning the gold standard, the New York Fed still houses the country’s precious metals in a fifth sub-basement — across the street from JPM’s own fifth sub-basement-situated gold vault. As Business Insidernoted about the ZeroHedge report, which brought the seeming less-than-coincidental locales back into the spotlight in 2013, the public at large will likely never know if a tunnel exists connecting the two gold vaults.

Considering the sheer number of military conflicts Americans would rather their government not have been part of over the last century, the old allegations of Morgan family war profiteering become quite pertinent.

2. Du Pont

Pierre Samuel, Sieur du Pont de Nemours was a French economist whose protean political views both led him to be imprisoned during the French Revolution, when his views were found to be too moderate, and later to play an instrumental role in negotiating French side of the Louisiana Purchase.

After being held as a prisoner of war during the French Revolution, Éleuthère Irénée du Pont de Nemours fled to the United States, where he founded the empire responsible for such ubiquitous inventions as nylon, Teflon, and Kevlar, beginning with a gunpowder mill in Delaware.

After becoming the largest supplier of gunpowder to the U.S. military in the early 1800s, DuPont began manufacturing dynamite, growing to such incredible proportions — through collusion with its competition in the “Powder Trust” to fix prices — its monopoly on the industry was broken upunder the Sherman Antitrust Act. However, similar to J.P. Morgan, DuPont’s supposed breakup allowed the family to maintain dominance over the munitions industry; and during the first world war, it supplied nearly 40 percent of all munitions used by allied forces.

Its ventures as military munitions supplier expanded from that point, and the company played a key role in the Manhattan Project’s development and production of the first atomic bomb — which the U.S. readily used to decimate Hiroshima and Nagasaki during World War II. DuPont reportedly produced 4.5 billion pounds of military explosives used over the course of that war.

Rumors still circulate about DuPont’s possible role in the prohibition of hemp and cannabis, due to its breakthrough patent of nylon and a process for using wood pulp to manufacture paper in 1937. While both products could facilely be replaced by hemp, which arguably would have severely limited DuPont’s massive profits, those rumors have yet to be either summarily proven — or thoroughly debunked.

DuPont also claims infamy as the second largest producer of genetically-modified corn and soy in the world and has seeds in cold storage inside Norway’s Svalbard Global Seed Vault — itself the subject of countless theories — designed to be able to replant the earth should an apocalyptic event come to pass.

One of the largest family dynasties, the du Pont clan’s estimated 3,500 members “own the nation’s oldest billion-dollar family fortune,” according to Forbes.

1. Bush

Documents declassified in 2003 revealed Yale Skull and Bones society member, Prescott Sheldon Bush — George W.’s grandfather — could have been prosecuted for providing aid and comfort to the enemy for nefarious business dealings during the build up to, during, and after World War II. As the Guardian reported in 2004, the National Archives documents “show that even after America had entered the war and when there was already significant information about the Nazis’ plans and policies, [Prescott Bush] worked for and profited from companies closely involved with the very German businesses that financed Hitler’s rise to power.”

That description only vaguely scratches the surface of both the Bush family’s and U.S.’ apparent involvement in possible criminal activity surrounding the second world war. Though entire books are devoted to the subject, a lawsuit brought against the U.S. government and Bush family in 2004 claimed both materially benefited from slave labor at Auschwitz — and because the government knew what was taking place, it should have bombed the camp, the Guardian reported.

A petition asking for an opinion from the Hague reportedly stated,

From April 1944 on, the American Air Force could have destroyed the camp with air raids, as well as the railway bridges and railway lines from Hungary to Auschwitz. The murder of about 400,000 Hungarian Holocaust victims could have been prevented.

At the heart of the case, brought by two survivors, was an executive order signed in January 1944 by Pres. Roosevelt mandating the government to take all steps necessary to save European Jews — which, lawyers said, “was ignored because of pressure brought by a group of big American companies, including [Brown Brothers Harriman], where Prescott Bush was a director,” said theGuardian.

Whether Bush had actually been a Nazi sympathizer or had just grossly capitalized on the Nazis extreme human rights abuses will probably never be known with certainty, though both the Bush family and U.S. government deny all allegations in the matter.

One stunning conspiracy Bush did, in fact, take part in that did prove true — involving the same Bush-led companies as in the Nazi matter, as well as those of other families on this list — has been so lost to history, it’s often discussed as rumor. There was, indeed, a plot to overthrow the U.S. government and install a fascist dictatorship by most of the magnates on this list and others — and were it not for the suspicions of renowned Marine General Smedley Butler, the coup would have succeeded.

Feeling threatened by Roosevelt’s New Deal, wealthy businessmen organized The American Liberty League and in 1934, approached Butler with what they felt to be a tantalizing offer — $3 million up front and $300 million subsequent to the success of the coup, which would involve 500,000 veterans of the first world war.

“The League was headed by the DuPont and JP Morgan cartels and had major support from Andrew Mellon Associates, Pew (Sun Oil), Rockefeller Associates, EF Hutton Associates, US Steel, General Motors, Chase, Standard Oil, and Goodyear Tires,” CounterPunch explained.

Funding for the coup would be secreted away by Prescott Bush’s Union Banking Corporation and Harriman Brothers Brown — the same companies with strikingly apparent ties to the Nazis. As revealed later, Bush’s connections to Hitler had been a draw for those plotting the fascist coup, and they later claimed the Nazi-headed German government had offered to assist materially in the plan.

Though the plotters’ brazen plan would almost certainly have failed on its own, Butler’s secret testimony before the McCormack-Dickstein Committee revealed the group’s intent to install a fascist dictatorship of a similar vein to Germany’s — complete with concentration camps.

A clique of U.S. industrialists is hell-bent to bring a fascist state to supplant our democratic government and is working closely with the fascist regime in Germany and Italy,” wrote U.S. Ambassador to Germany, William Dodd, in a 1936 letter to Roosevelt. “I have had plenty of opportunity in my post in Berlin to witness how close some of our American ruling families are to the Nazi regime … A prominent executive of one of the largest corporations, told me point blank that he would be ready to take definite action to bring fascism into America if President Roosevelt continued his progressive policies. Certain American industrialists had a great deal to do with bringing fascist regimes into being in both Germany and Italy. They extended aid to help fascism occupy the seat of power, and they are helping to keep it there. Propagandists for fascist groups try to dismiss the fascist scare. We should be aware of the symptoms. When industrialists ignore laws designed for social and economic progress they will seek recourse to a fascist state when the institutions of our government compel them to comply with the provisions.

Over 4,300 pages of testimony were collected by the McCormack-Dickstein Committee — part of the House Un-American Activities Committee — until its disbanding at the end of 1934. Butler, who pretended to accept the plot in order to gather as much information as possible, provided key evidence in the investigation.

“In the last few weeks of the committee’s official life it received evidence that certain persons had made an attempt to establish a fascist organization in this country … There is no question that these attempts were discussed, were planned, and might have been placed in execution when and if financial backers deemed it expedient,” the Committee’s reportstated.

Indeed, propaganda had so readily touted the League for its, albeit hollow and obviously false, claims it would help the common worker and restore so-called American ideals, researching the plot has been difficult even for historians.TIME Magazine, the New York Times, and other publications have so whitewashed the plotted coup as to make it appear theory instead of proven fact.

In what might be the most revealing aspect of the planned coup, no one — not a single business or businessman involved — was ever prosecuted over the matter. No criminal charges were levied, no repercussions handed down — nothing.

Most telling of all is the same families — for all their dirty deeds to an actual, planned coup d’état — remain thoroughly entrenched as the American economic aristocracy today.

“War is a racket,” Butler famously wrote. “It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives.”

The folks at Dark5 have made the short video below summarizing the information above. Check out their channel and subscribe for more amazing videos.


Claire Bernish writes for TheFreeThoughtProject.com, where this article first appeared.


(activistpost.com)

"Choose a job you love and you will not have to work a day in your life" (Confucius)

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Luis Miguel Goitizolo

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RE: ARE WE NOW IN THE END TIMES?
5/24/2016 6:23:52 PM

Is Saudi Arabia Going Broke?

MAY 24, 2016

1032424469By Brandon Turbeville

Any informed observer, by now, should be fully aware that the Saudis are hurting financially. That is, they are hurting as much as any degenerate hedonistic ruling class of genetic royalty can be. But, while Saudi princes roll around in money and women and unspeakably depraved forms of entertainment and while they oversee a nation of slaves and prisoners, the bank accounts of the Kingdom of Saudi Arabia are now at a low point.

After years of decadence and willingness to lavishly fund terror and propaganda all across the world and after agreeing to work with the United States in a suicidal attempt to hurt Russia at the oil export pump, Saudi Arabia is finally starting to realize that there may actually be a bottom to their bank accounts.

Even as major Saudi corporations begin going belly up (the Bin Laden group is essentially bankrupt), the Saudi government is now openly considering its massive contracting population in IOUs and tradable bonds.

As Bloomberg reports,

Saudi Arabia has told banks in the country that it is considering giving contractors IOUs to settle some outstanding bills, according to people with knowledge of the discussions.

As payment from the state, contractors would receive bond-like instruments which they could hold until maturity or sell on to banks, the people said, asking not to be identified because the information is private. Companies have received some payments in cash and the rest could come in the “I-owe-you” notes, the people said, adding that no decisions have been made on the measures.

Saudi Arabia has slowed payments to contractorsand suppliers, tapped foreign reserves and borrowed from local and international banks in response to the decline in crude oil, which accounts for the bulk of its revenue.

Even Moody’s the notorious lying agency that gave derivatives in the United States good credit ratings before the collapse, downgraded the Saudi long-term issuing rate from A1 to Aa3.Bloomberg reports,

Saudi Arabia’s economic growth is slowing as revenue from oil exports declines. Gross domestic product will likely expand 1.5 percent this year, the slowest pace since the global financial crisis, according to a Bloomberg survey of economists.

“Until there is greater clarity on this situation some negativity and increased speculation from investors and other market participants should be expected,” said Chavan Bhogaita, head of market insight and strategy at National Bank of Abu Dhabi.

This news comes as Saudi Arabia is threatening to sell off hundreds of billions of dollars of U.S. assets if Congress passes a bill that would allow families of the victims of 9/11 to sue the KSA. Although President Obama has already threatened to veto the bill, such threats were most likely hollow to begin with. After the news of the Saudi financial condition, however, it is even less likely that the Saudis would go through with their threat.

Of course, we still expect Obama to veto the bill.

Image Credit

(activistpost.com)


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Luis Miguel Goitizolo

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RE: ARE WE NOW IN THE END TIMES?
5/24/2016 6:33:58 PM

Saudi Press Just Accused US Govt Of Blowing Up World Trade Centers As Pretext To Perpetual War

MAY 24, 2016

saudi-press-9-11-inside-jobBy Jay Syrmopoulos

In response to the U.S. Senate’s unanimous vote to allow 9/11 victims’ families to sue Saudi Arabia in federal court, a report published in the London-based Al-Hayat daily, by Saudi legal expert Katib al-Shammari, claims that the U.S. masterminded the terror attacks as a means of creating a nebulous “enemy” in order garner public support for a global war on terror.

The report by al-Shammari, translated by the Middle East Media Research Institute (MEMRI), claims that long-standing American policy is “built upon the principle of advance planning and future probabilities,” which the U.S. has now turned toward the Saudi regime after being successfully employed against first the Taliban and al-Qaeda, then Saddam Hussein and his secular Baathist controlled Iraq.

Al-Shammari claims the recent U.S. threats to “expose” documents implicating the Saudi government are simply the continuation of a U.S. policy, which he refers to as “victory by means of archive.” He highlights that during the initial invasion of Iraq, under George H.W. Bush, Saddam Hussein was left alive and in power to be used as “a bargaining chip,” but upon deciding that he was “no longer an ace up their sleeve” Washington moved to topple his government and install a U.S.-backed ruling party.

The terrorist attacks of 9/11 are now the “ace up the sleeve” of the U.S. government, according to al-Shammari.

“September 11 is one of winning cards in the American archives, because all the wise people in the world who are experts on American policy and who analyze the images and the videos [of 9/11] agree unanimously that what happened in the [Twin] Towers was a purely American action, planned and carried out within the U.S. Proof of this is the sequence of continuous explosions that dramatically ripped through both buildings… Expert structural engineers demolished them with explosives, while the planes crashing [into them] only gave the green light for the detonation – they were not the reason for the collapse. But the U.S. still spreads blame in all directions. [This policy] can be dubbed ‘victory by means of archives.”

The impetus behind the attacks, writes al-Shammari, was to create “an obscure enemy – terrorism – which became what American presidents blamed for all their mistakes” and that would provide justification for any “dirty operation” in any nation.

According to al-Shammari’s report in Al-Hayat:

“On September 11, the U.S. attained several victories at the same time, that [even] the hawks [who were at that time] in the White House could not have imagined. Some of them can be enumerated as follows:

1. The U.S. created, in public opinion, an obscure enemy – terrorism – which became what American presidents blamed for all their mistakes, and also became the sole motivation for any dirty operation that American politicians and military figures desire to carry out in any country. [The] terrorism [label] was applied to Muslims, and specifically to Saudi Arabia.

2. Utilizing this incident [9/11], the U.S. launched a new age of global armament. Everyone wanted to acquire all kinds of weapons to defend themselves and at the same time battle the obscure enemy, terrorism – [even though] up to this very moment we do not know the essence of this terrorism of which the U.S. speaks, except [to say that] that it is Islamic…

3. The U.S. made the American people choose from two bad options: either live peacefully [but] remain exposed to the danger of death [by terrorism] at any moment, or starve in safety, because [the country’s budget will be spent on sending] the Marines even as far as Mars to defend you.”

The Saudi press has been in a frenzy since the unanimous Senate vote to allow for the House of Saud to be held liable in U.S. federal court for the 9/11 attacks, with the U.S. being accused of being in alliance with Iran – to press warnings that passage of the “Satanic” bill would “open the gates of hell,” as reported by Breitbart.

Al-Shammari makes extremely clear that he views the problem as the U.S. imperial machine itself, stating, “the nature of the U.S. is that it cannot exist without an enemy.”

The nature of the U.S. is that it cannot exist without an enemy… [For example,] after a period during which it did not fight anyone [i.e. following World War II], the U.S. created a new kind of war – the Cold War… Then, when the Soviet era ended, after we Muslims helped the religions and fought Communism on their [the Americans’] behalf, they began to see Muslims as their new enemy! The U.S. saw a need for creating a new enemy – and planned, organized, and carried this out [i.e. blamed Muslims for terrorism]. This will never end until it [the U.S.] accomplishes the goals it has set for itself.

While it seems fighting Islamic terrorism is great for increasing fear and State propaganda meant to elicit compliant civilian populations that passively accept loss of liberty for promises of greater security, the military-industrial complex needs a bigger enemy to justify their $600 billion dollar-a-year budgets, thus beginning the transition to labeling Russia/China as “aggressive Russia/China,” in an effort to begin to pivot away from one bogeyman to other, more profitable, ones.

Jay Syrmopoulos writes for TheFreeThoughtProject.com, where this article first appeared.


(activistpost.com)


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Luis Miguel Goitizolo

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RE: ARE WE NOW IN THE END TIMES?
5/24/2016 6:41:07 PM

After 40 Years Of Secrecy, United States Admits Saudi Arabia Owns $117 Billion Of Its Debt

MAY 24, 2016

saudi_debtBy Amando Flavio

Many commentators describe it as one of the biggest mysteries in global finance, the amount of United States debt owned by the Kingdom of Saudi Arabia. For more than four decades, the two countries have refused to let transparency in their financial dealings prevail. They have remained in a secret partnership with each other on their finance, allowing speculation to take over.

However, the secret financial dealings between the two nations seem to have finally come to an end. The United States Treasury Department has made a surprise announcement that the oil-rich nation of Saudi Arabia has accumulated $116.8 billion of the country’s Treasuries, as of March 2016. The announcement was made on Monday 16th May.

This stunning revelation, therefore, makes Saudi Arabia the 13th largest foreign holder of United States debt. The biggest holders of United States debt are China and Japan. Each country owned over $1 trillion. As of May 2016, the United States’ total national debt stands over $19 trillion.

s-3-22-e1463755674550Since the early 1970s, the United States has refused to specifically reveal how much Saudi Arabia has accumulated with its debt. It is said Saudi’s holdings of United States debt were added together with that of other oil exporting nations, including Venezuela and Iraq, making it difficult for one to know the exact holding figure by Saudi Arabia.

CNN reports that the current disclosure of the Saudi figure was through the initiative of Bloomberg News,based on a Freedom of Information Act request. Acting on the request, the Treasury Department disclosed precise holdings by specific countries that were previously grouped together, revealing the Saudi figure. It seemed many observers were interested in knowing the Saudi figure.

However, a Treasury official told CNNMoney that the disclosure was made following a review aimed at trying to provide more “comprehensive and transparent” data for the public’s right to know.

Apart from the Saudi figure, the new Treasury report also revealed that the Cayman Islands, a country of less than 60,000 people, owned $265 billion of United States Treasuries as of March 2016. The Cayman Islands does not have a corporate tax, encouraging multinational companies to store vast sums of money in tax avoidance.

s-1....-2-e1463755696148Bermuda, another popular tax haven, is also holding $63 billion of the debt. CNN reveals that previously, both the Cayman Islands and Bermuda were lumped together in a group of Caribbean banking center nations like the oil exporting nations, which included Saudi Arabia.

Despite even the disclosure of the Saudi figure, some observers are still skeptical. This is because Saudi Arabia’s central bank is reported to have listed owning $587 billion of foreign reserves as of March 2016. Observers say that the central banks park the majority of their foreign reserves in the United States Treasuries.

Some observers believe that the disclosure of the Saudi figure did not come about only through the Freedom of Information Act request by Bloomberg News.

Tensions have been building between the United States and Saudi Arabia over the past months. An anonymous source in the Treasury Department revealed that Saudi Arabia recently threatened to sell off American assets if Congress passed a bill that would allow 9/11 victims to sue foreign governments. It is said the Saudis were serious about the threat, and were making preparation to sell off those assets.

The United States has realized the level of the threat, and therefore wants to begin to transparently deal with the Saudis. The threat has also left the Obama administration in confusion. Recently, President Obama admitted publicly that if Congress passes the bill that would allow 9/11 victims to sue foreign governments, he will veto it. Obama, therefore urged Congress not to pass such a bill.

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RE: ARE WE NOW IN THE END TIMES?
5/25/2016 1:26:01 AM

Suspend Oil Drilling After Another Massive Spill

Posted by

Oil Spill

Target: U.S. President Barack Obama

Goal: Halt all oil drilling in the Gulf of Mexico after yet another spill pumped 90,000 gallons of oil into the water.

A Shell oil facility just leaked nearly 90,000 gallons of crude oil into the Gulf of Mexico’s waters just a few years after the massive BP oil spill that’s still having negative effects on the environment, marine species, and local economies. The United States Coast Guard claims the that two-mile by 13-mile spill has been contained, but that won’t stop it from poisoning the ecosystem and having lasting effects on fish and other animals in the gulf.

Oil spills are devastating on marine environments. It’s become increasingly clear that oil drilling companies can’t be trusted to prevent disasters like this from happening. The only way to allow the Gulf of Mexico to truly recover from the massive damage imposed on it by these spills, all drilling operations need to be suspended indefinitely. This will also improve the lives of the people in coastal communities in the area that have been hurt by a decrease in their ability to fish and a devastated tourism industry.

Our dependence on oil is already being replaced by cleaner methods of energy production, so it’s beyond time to end oil extraction. Sign our petition to demand that President Obama do everything in his power to ensure that all oil drilling operations in the gulf are ended until the area can actually recover from these spills–preferably forever.

PETITION LETTER:

Dear President Obama,

As you should be aware, yet another oil spill has occurred in the Gulf of Mexico. Nearly 90,000 gallons of crude oil gushed into the waters due to a leak in one of the Shell oil facilities. This comes too soon after the massive BP oil spill that devastated the marine ecosystem and local coastal economies.

It’s become clear that oil corporations can’t be trusted to prevent oil spills like this from happening. This is unacceptable considering the long term impacts that crude oil has on the environment and the animals and humans that depend on it. I’m sure you’ve heard of the studies that have confirmed that fish and other marine animals are still being affected by the BP oil spill. Plus, coastal economies are still trying to recover from the loss of fishing income and tourism.

The only real solution is to end all oil drilling in the Gulf of Mexico until the environment actually has time to recover. If this means that no oil corporations are ever allowed to drill there again, all the better. It’s time to end our reliance on oil and make the switch to sustainable energy sources. Please do whatever is necessary to halt all drilling in the Gulf of Mexico indefinitely.

Sincerely,

[Your Name Here]

Photo credit: Marine Photobank


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