How Bankers Get Rich From War Profiteering

“It is well enough that the people of this nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” – Henry Ford.

*President Andrew Jackson will always consider killing the central bank his greatest achievement. *

  • After the Civil War, J.P Morgan became the dominant financial power in America due to his war profiteering. The Rockefellers, Carnegies, Mellons and many more all make fortunes during and after the Civil War.
  • At the start of World War II, I.G. Farben(the dominant corporation in Europe) holds more shares of Standard Oil than any other entity except the Rockefeller family.
  • I.G Farben becomes a major sponsor and chief corporate cheerleader for Adolf Hitler’s conquests.
  • Many Wall Street companies continue to do business with Germany throughout the war, most notably Standard Oil. The Luftwaffe, in fact, is dependent on fuel from Standard Oil.
  • After the war, American forces are headquartered at I.G. Farben’s main office while hundreds of Nazi war criminals, scientists and intelligence operatives are aided in disappearing into North and South America.
  • In 1952, The Reece Committee on Tax-Exempt Foundations is created by Congress to investigate support by major major corporate foundations for communism. Banker Norman Dodd is appointed chief investigator and eventually concludes that the Rockefeller, Ford, and Carnegie foundations are deliberately weakening individual freedoms in order to allow central government to assume greater power.
  • In June 1963, President John F. Kennedy instructs his Treasury Secretary to issue $4 billion in debt-free silver certificates. JFK plans to end the oil industry’s depletion allowance and “break the CIA into a thousand pieces.” David Rockefeller writes an op-ed in the New York Times blasting JFK’s policies. Kennedy will be dead a few months later.
  • In 1980, Charlotte Iserbyt, senior policy advisor in the Office of Education Research becomes so upset with the corruption of the education system that she publishes The Deliberate Dumbing Down of America. Iderbyt leaks her father’s Skull and Bones membership directory to economist Anthony Sutton, who has been exposing Wall Street’s connections to Nazi Germany and the Soviet Union.
  • In 1990, Pete Brewton of the Houston Post uncovers evidence linking the CIA and Mafia to the looting of dozens of savings-and-loans over the previous decade. The bailout of the failed savings-and-loan industry eventually coasts US taxpayers more than the Vietnam War.
  • In 1991, after the British media reports that BCCI, is providing arms to Iran and funding terrorists, the bank is forced to close and liquidate. BCCI pays $10 million in fines and forfeits $550 million in American assets. It goes down as the largest forfeiture in history.
  • On September 10, 2001, Donald Rumsfeld goes on national television to admit that the Pentagon cannot account for $2.3 trillion…a story that evaporates the following day as essential financial records at the Pentagon are destroyed on 9/11.
  • Between 2003 and 2004, $9 billion goes missing from the Federal Reserve transfers to Iraq.
  • In 2009, Wachovia confesses to laundering $378 billion in drug profits over several years. But it pays only $160 million in fines, which represents less than 2 percent of its annual profits.

- excerpts from “From Banking Laid Bare” by Steven Hager.

Project Paperclip: Nazi Scientists Secretly Brought Into The United States For Employment

A group of 104 Nazi rocket scientists at Fort Bliss, Texas

After World War II, Nazi scientists were secretly brought to the United States for employment  by US intelligence agencies. Particularly scientists specializing in aerodynamics and rocketry (such as those involved in the V-1 and V-2 projects), chemical weapons, chemical reaction technology and medicine.

Truman’s order excluded anyone found “to have been a member of the Nazi Party, and more than a nominal participant in its activities, or an active supporter of Nazi militarism.”

Restrictions would have rendered ineligible most of the scientists intelligence agencies like the JIOA had identified for recruitment. Among those ineligible that were brought back to the U.S: rocket scientists Wernher von Braun and Arthur Rudolph, and the physician Hubertus Strughold, each earlier classified as a “menace to the security of the Allied Forces”.

To circumvent President Truman’s anti-Nazi order, and the Allied Potsdam and Yalta agreements, the JIOA worked independently to create false employment and political biographies for the scientists. The JIOA also destryoed from the public record the scientists’ Nazi Party memberships and regime affiliations. Once “bleached” of their Nazism, the US Government granted the scientists security clearance to work in the United States.

Paperclip, the project’s operational name, derived from the paperclips used to attach the scientists’ new political personae to their “US Government Scientist” JIOA personnel files.

The Scientists Involved:

In May 1945, the US Navy received Dr. Herbert A. Wagner, the inventor of the Hs 293 missile; for two years, he first worked at the Special Devices Center, at Castle Gould and at Hempstead House, Long Island, New York; in 1947, he moved to the Naval Air Station Point Mugu.

In August 1945, Colonel Holger Toftoy, head of the Rocket Branch of the Research and Development Division of the US Army’s Ordnance Corps, offered initial one-year contracts to the rocket scientists; 127 of them accepted. In September 1945, the first group of seven rocket scientists arrived at Fort Strong, New York: Wernher von Braun, Erich W. Neubert, Theodor A. Poppel, August Schulze, Eberhard Rees, Wilhelm Jungert, and Walter Schwidetzky.

Beginning in late 1945, three rocket-scientist groups arrived in the US for duty at Fort Bliss, Texas, and at White Sands Proving Grounds, New Mexico, as “War Department Special Employees”.

In 1946, the United States Bureau of Mines employed seven German synthetic fuel scientists at a Fischer-Tropsch chemical plant in Louisiana, Missouri.

In early 1950, legal US residency for some of the Project Paperclip specialists was effected through the US consulate in Ciudad Juárez, Chihuahua, Mexico; thus, Nazi scientists legally entered the US from Latin America.

Eighty-six aeronautical engineers were transferred to Wright Field, where the US had Luftwaffe aircraft and equipment captured under Operation Lusty (Luftwaffe Secret Technology).

The United States Army Signal Corps employed 24 specialists — including the physicists Georg Goubau, Gunter Guttwein, Georg Hass, Horst Kedesdy, and Kurt Lehovec; the physical chemists Rudolf Brill, Ernst Baars, and Eberhard Both; the geophysicist Dr. Helmut Weickmann; the optician Gerhard Schwesinger; and the engineers Eduard Gerber, Richard Guenther, and Hans Ziegler.

In 1959, ninety-four Operation Paperclip men went to the US, including Friedwardt Winterberg and Friedrich Wigand.Throughout its operations to 1990, Operation Paperclip imported 1,600 men, as part of the intellectual reparations owed to the US and the UK, some $10 billion in patents and industrial processes.

During the decades after they were included in Operation Paperclip, some scientists were investigated because of their activities during World War II. Arthur Rudolph was deported in 1984, but not prosecuted, and West Germany granted him citizenship.Similarly, Georg Rickhey, who came to the United States under Operation Paperclip in 1946, was returned to Germany to stand trial at the Mittelbau-Dora war crimes trial in 1947, was acquitted, and returned to the United States in 1948, eventually becoming a U.S. citizen.The aeromedical library at Brooks Air Force Base in San Antonio, Texas had been named after Hubertus Strughold in 1977. However, it was later renamed because documents from the Nuremberg War Crimes Tribunal linked Strughold to medical experiments in which inmates from Dachau were tortured and killed