Paul Joseph Watson
Prison Planet.com
Friday, April 30, 2010
European Central Bank chief Jean-Claude Trichet’s announcement that the Bank for International Settlements is to become the primary engine for global governance is a shocking admission given the fact that this ultra-secretive menagerie of international bankers was once controlled by top Nazis who, in collusion with global central banks, funneled money through the institution which directly financed Hitler’s war machine.
During a speech to the elitist CFR organization earlier this week, ECB head Trichet said that the Global Economy Meeting (GEM), which regularly meets at the BIS headquarters in Basel, “Has become the prime group for global governance among central banks”.
The GEM is basically a policy steering committee under the umbrella of the Bank for International Settlements. In its current form, the BIS, which itself is not accountable to any national government, is comprised of banking chiefs from global central banks, most of which are private and also have no responsibility to their nation states or their citizens.
The board of directors who control the BIS include Federal Reserve chief Ben Bernanke and Bank of England head Mervyn King, as well as Trichet himself.
So how did the Bank for International Settlements get started? The BIS was founded in 1930 by Governor of The Bank of England, Montague Norman and his German colleague Hjalmar Schacht, who later became Adolf Hitler’s finance minister.
The bank was initially founded in order to facilitate money transfers related to German reparations arising out of the Treaty of Versailles, but by the start of the second world war, the BIS was largely controlled by top Nazi officials, people like Walter Funk, who was appointed Nazi propaganda minister in 1933 before going on to become Hitler’s Minister for Economic Affairs. Another BIS director during this period was Emil Puhl, who as director and vice-president of Germany’s Reichsbank was responsible for moving Nazi gold. Both Funk and Puhl were convicted at the Nuremberg trials as war criminals.
Other BIS directors included Herman Schmitz, the director of IG Farben, whose subsidiary company manufactured Zyklon B, the pesticide used in Nazi concentration camp gas chambers to kill Jews and political dissidents during the Holocaust. IG Farben worked closely with John D. Rockefeller’s United States-based Standard Oil Co during the second world war.
Baron von Schroeder, the owner of the J.H.Stein Bank, the bank that held the deposits of the Gestapo, was also a BIS director during the war period.
As Charles Higham’s widely acclaimed book Trading With The Enemy, How the Allied multinationals supplied Nazi Germany throughout World War Two points out, several parties at the Bretton Woods Conference in July 1944 wanted to see the Bank for International Settlements liquidated, because its role in aiding Nazi Germany loot occupied European countries during the war. Norway called for the bank to be shut down, a view supported by Harry Dexter White, U.S. Secretary of the Treasury and Henry Morgenthau, but the BIS survived despite its highly contentious Nazi influence.
Higham writes that the BIS became, “A money funnel for American and British funds to flow into Hitler’s coffers and to help Hitler build up his machine,” founded by Nazi finance minister Hjalmar Schacht on the basis that the “Institution that would retain channels of communication and collusion between the world’s financial leaders even in the event of an international conflict. It was written into the Bank’s charter, concurred in by the respective governments, that the BIS should be immune from seizure, closure or censure, whether or not its owners were at war.”
“The BIS was completely under Hitler’s control by the outbreak of World War II,” writes Higham. “Among the directors under Thomas H. McKittrick were Hermann Shmitz, head of the colossal Nazi industrial trust I.G. Farben, Baron Kurt von Schroder, head of the J.H. Stein Bank of Cologne and a leading officer and financier of the Gestapo; Dr. Walther Funk of the Reichsbank, and, of course, Emil Puhl. These last two figures were Hitler’s personal appointees to the board.”
Higham details how the gold looted from countries invaded by the Nazis was packed into vaults controlled by the Bank for International Settlements, and how Nazis who controlled the bank then forbade any discussion of the theft.
“The BIS was an instrument of Hitler, but its continuing existence was approved by Great Britain even after that country went to war with Germany, and the British director Sir Otto Niemeyer, and chairman Montagu Norman, remained in office throughout the war,” writes Higham, explaining how Washington State Congressman John M. Coffee objected to American money being invested with the bank in 1944.
“The Nazi government has 85 million Swiss gold francs on deposit in the BIS. The majority of the board is made up of Nazi officials. Yet American money is being deposited in the Bank,” complained Coffee.
In 1948, the BIS was finally compelled to hand over a mere £4 million in looted Nazi gold to the allies, and thanks to people like Harry Truman and the Rockefeller family, the bank was not dissolved. One of its most influential directors, Nazi banker Emil Puhl was later invited to the United States as a guest of honor in 1950.
Despite its inglorious past, the Bank For International Settlements continues today as a major management arm of the global elite. The bank wields power through its control of vast amounts of global currencies. The BIS controls no less than 7% of the world’s available foreign exchange funds, as well as owning 712 tons of gold bullion, presumably a sizeable portion of which is the bullion which was stolen from occupied countries by the Nazis who controlled the bank during the war.
“By controlling foreign exchange currency, plus gold, the BIS can go a long way toward determining the economic conditions in any given country,” writes Doug Casey. “Remember that the next time Ben Bernanke or European Central Bank President Jean-Claude Trichet announces an interest rate hike. You can bet it didn’t happen without the concurrence of the BIS Board.”
The BIS is basically a huge slush fund for global government through which secret transfers of wealth from citizens are surreptitiously handed to the IMF.
“For example, U.S. taxpayer monies can be passed through BIS to the IMF and from there anywhere. In essence, the BIS launders the money, since there is no specific accounting of where particular deposits came from and where they went,” writes Casey.
The fact that top Nazis were intimately involved in the activity of a global central bank that is now being touted as the primary powerhouse of the economic arm of world government is frightening. Every time we delve into the origins of the march towards world government, we find that top Nazis were instrumental in setting up and managing the same institutions that today seek to manage the imposition of global government.
Just as with the institutions that comprised the embryonic stages of the European Union, Nazi fingerprints are all over the origins of the move towards a global authority ruling the planet with nation states and sovereignty playing second fiddle. This fact demolishes any notion that global government is benevolent, humanitarian or progressive. Centralization of power into the hands of the few is inherently undemocratic, elitist, and to the detriment of the people.
The Nazis who breathed life into the same framework of global authoritarianism being used to set up world government today may have been usurped by an elite altogether more patient in their bid to impose a dictatorship run by banking dynasties, but the ultimate agenda remains the same – world government by consent or conquest.
National Socialists and Bank for International Settlements
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National Socialists and Bank for International Settlements
Can anyone verify or make sense of these things for me please? Any good books or resources. From what I understand Adolf Hitler created a German volk-backed currency and had no desire to get into other nations capital affairs, it was institutions like the BIS that caused Germany's financial problems. It doesn't make sense to me that they were running this institution. It is always said that the US financiers backed Hitler and made him. I have found when discussing the Holocaust© people try to derail you in any way possible. People feel like it is a personal attack and can't imagine that the US was fighting for the wrong side. I think we need to have a thorough understanding of what happened during this time in history, I hope you can understand how this is all related to the Holocaust©. I am new to posting on the forum so I apologize for any lack of protocol.
Re: National Socialists and Bank for International Settlemen
I do not know if it´s useful for you, but I find this text here striking, as it devastates the "Jews made Hitler" canard:
Hitler´s Freedom from international debt slavery:
Read on here:
http://www.midwestfreepress.com/2009/12 ... onal-debt/
Heres a comment by Mike Rivero:
http://www.rense.com/general83/dett.htm
And you might also find the "unemployment before world war 2" thread in these forums of interest, where such topics are touched aswell.
Hope my info is of any use,
Halo
Hitler´s Freedom from international debt slavery:
Many people take joy in saying Wall Street and Jewish bankers “financed Hitler.” There is plenty of documented evidence that Wall Street and Jewish bankers did indeed help finance Hitler at first, partly because it allowed the bankers to get rich (as I will describe below) and partly in order to control Stalin. However, when Germany broke free from the bankers, the bankers declared a world war against Germany.
Read on here:
http://www.midwestfreepress.com/2009/12 ... onal-debt/
Heres a comment by Mike Rivero:
Comment
Michael Rivero
The "Clash of civilizations" is not about religion, but about banking. How Hitler rebuilt Germany's economy was simple. He abandoned the fractional reserve banking system that was crippling post-WW1 Germany and instituted a currency with a fixed unit of value. Oddly enough, it was a financial system not very different from that of the United States prior to 1913. This allowed Germany to rebuild quickly, but was of course a direct threat to the bankers who had grown rich and powerful with legalized counterfeiting. This is the reason that "war" (actually a boycott; see attached) was "declared" against Germany. The bankers feared that people everywhere would see the immediate advantages of a non- reserve monetary system and force a change in their own countries. Germany, specifically the German economy, had to be wrecked in order to preserve the fractional reserve banking system everywhere else.
Oddly enough, when Putin came to power in Russia, he did pretty much the same thing; kicking out the oligarchs and restructuring Russia's economic system, and the end result is that Russia has paid off all her debts early (while the USA, still enslaved to the Federal Reserve, sinks deep into debt every single day), and not surprisingly, enmity against Russia by nations under the control of reserve banking systems and bankers is on the increase.
The same "war of money" underlies the push for Islamophobia. It's not really about religion but about the conflict between compounded interest versus loan-plus-fixed-fee financing.
Michael Rivero
What Really Happened
[email protected]
http://www.rense.com/general83/dett.htm
And you might also find the "unemployment before world war 2" thread in these forums of interest, where such topics are touched aswell.
Hope my info is of any use,
Halo
Re: National Socialists and Bank for International Settlemen
As to the 'US financiers' point: that is basically the Anthony Sutton thesis ('Wall Street and the Rise of Adolf Hitler' [or something like that]), but the argument is seriously overstated as most, in fact nearly all, the financing for the NSDAP and for Hitler himself came from small donations and the occasional German businessman and/or aristocrat (such as the Bechstein family) [only much later, i.e. 1932, was he given a part of the Hugenberg pie (see John Leopold's, 1977, 'Alfred Hugenberg', Yale University Press: New Haven)]. The 'big business backed Hitler' is as far as I can see largely a myth based on an ideologically-tinged selection of sources (e.g. Fritz Thyssen's, 1941, 'I Paid Hitler') and has long been debunked (the origin, of course, being the left wing in general and the far left in particular a classic example of which is Robert Brady's, 1937, 'The Spirit and Structure of German Fascism', Gollancz: London, which makes this argument in detail or rather tries to) . See for example James Pool, Suzanne Pool's, 1978, 'Who Financed Hitler?' (Futura) and Cris Whetton's, 2004, 'Hitler's Fortune' (Pen & Sword: Barnsley). The former deals with the financing of the NSDAP and the latter deals with the money and gifts given to Hitler as a private individual.
If you go to any university library: they usually have some books on the 'who financed' and 'who voted for' Hitler issues in their selves of books on the Third Reich and/or National Socialism.
If you go to any university library: they usually have some books on the 'who financed' and 'who voted for' Hitler issues in their selves of books on the Third Reich and/or National Socialism.
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