The Great Robbery (4)

Excerpts from

Unz Review by Larry Romanoff ~ November 21, 2022

(10) Looting Americans 1975 to 2022

The situation is not different with the 2008 financial meltdown in the US. We had clearly deliberate attempts to inflate the housing market to almost atmospheric levels, with nearly zero interest rates and the removal of all restrictions and requirements – to the point where unemployed homeless people were buying $500,000 homes.

The Federal Reserve Bank of Washington DC

This was again done with the full cooperation of the FED. Then, they simply collapsed the bubble, resulting in tens of millions of foreclosures. And again, when the blood was running in the streets, firms like Blackrock and their ilk were busy buying up these foreclosed homes at perhaps half price, as rental properties – often, to the same people who lost them.

There is no accurate record of the total purchases, but the buying was almost frenzied. At one point, one agent in Florida for one “investment firm” alone, was bidding on more than 200 homes per week. With even conservative estimates, the transfer of housing assets alone from the American middle class to these same few people, would have been $7 or $8 trillion, all within two or three years.

It is a surprise to me that so few people seem to want to see such events as having been planned, and yet the evidence is overwhelming and irrefutable. There is no possibility that these events, and so many similar, could possibly have occurred “by accident”.

There were simply too many threads all working together to accomplish this one result, and those threads could not possibly have been independent. And it is not possible that the US government itself was unaware of the eventual outcome. Economists working for the US government are not stupid, and so many private economists were describing the events and predicting the only possible outcome.

The only thesis that fits all the facts is that the 2008 meltdown was planned and that the US government, so totally controlled from the City of London, knowingly permitted it to happen. Again, in summary, a relative handful of people profited to the tune of trillions of dollars in a few years, in this one enterprise alone.

And it wasn’t only homes, and not only in 2008. In an article titled Destroyers of US Democracy, Chris Hedges quoted a RAND corporation report that stated: “These establishment politicians and their appointed judges promulgated laws that permitted the top 1 percent to loot $54 trillion from the bottom 90 percent, from 1975 to 2022, at a rate of $2.5 trillion a year, according to a study by the RAND corporation.”

For those who don’t know, RAND is a despicably Satanic corporation that spends most of its time on planning wars, designing torture regimes (Vietnam Phoenix, Guantanamo Bay, Baghram, Diego Garcia), and scheming for world political control.

But the people at RAND do know how to calculate, especially considering they planned the methods for the looting they now boast about. Note that the euphemistically-named “top 1%” is not really the top 1% but a tiny group of Jewish bankers and industrialists, including the (Rothschild and other) owners of the US FED. A huge portion of this looting occurred in 2008 and subsequent years; I won’t bother accumulating this with interest.

Leger Entry: $54 trillion in today’s dollars

(11) The Great Gold Robbery – Part I – The US FED

In the early years after the creation of the Rothschild-owned FED, the US was still on a gold standard for its currency; new money could be issued by the FED only if it had at least 40% of that amount in gold. But, as the Jewish bankers have always done in every country, they issued paper currency far beyond the permitted limits, which was the prime cause of the 1929 Great Depression.

By 1933, the FED had only about 6,000 metric tons of gold in its vaults, and was about 50,000 tonnes short for the paper currency it had issued. The public were aware generally of what was happening and, with concerns of US paper money becoming worthless, were spending the paper and hoarding the gold coins and bars, while small banks and companies were hoarding gold bullion.

There was no way out of this trap. The FED needed a huge infusion of gold to prevent a collapse of the currency, but its owners had no intention of investing their own money to prevent the financial collapse of America. Their solution was to convince Roosevelt and Congress that the real problem was citizens preventing the economy from naturally prospering, by holding gold.

On their advice, Roosevelt passed the famous 1602 provision which confiscated all the privately-held gold (in all forms) in the US, all citizens forced to turn over their gold to the FED, under penalty of a $10,000 fine plus a 10-year prison sentence. Note that the gold was not surrendered to the US Treasury Department, but to the privately-owned FED.

The gold was exchanged for paper money, meaning that the owners of the FED used the power of the US government to confiscate all the privately-held gold in the US, at only the cost of printing paper. According to available records, individual citizens surrendered nearly 3,000 metric tonnes of gold, mostly in coins.

The amount of gold bars and bullion surrendered from the private sector is extremely difficult to determine accurately. All historical analyses focus on the gold coinage and ignore the bullion, yet this had to be by far the larger part since it was a standard clause in commercial contracts at the time that settlements would be made in gold and both companies and banks had to be in possession of large stocks of it.

The historical studies go to great lengths to trace all the gold coinage produced, to estimate the amount remaining in circulation and thus the amount surrendered to the FED. It would seem the easier method would be to simply request of the FED the amount of coinage surrendered, but the FED apparently refuses to part with this information, and is dead silent on the matter of bars and bullion.

My estimate for the bullion was around 6,000 or 7,000 tonnes as a minimum, for a total of about 10,000 tonnes, but Seagrave quotes credible sources claiming the FED purchased 18,000 tonnes so I will use that figure.

However, this was nowhere near sufficient to cover the 50,000-tonne shortfall, so the Jewish bankers – led by the Jew Morgenthau, who was then Secretary of the Treasury – devalued the US dollar by about 70% immediately after the gold had been confiscated, thus raising the gold price from $20 to $35, and substantially reducing the FED’s shortfall.

But this was with the tragic result that Americans were not only cheated by the loss of their only real cash asset, but of the 70% loss in value. There were lawsuits of course, with the courts essentially determining that the government’s action was illegal and unconstitutional, but that citizens had no recourse.

In summary, to bail out the FED, Rothschild (or his colleagues) convinced Roosevelt to pass a law permitting Rothschild to confiscate all the privately-held gold in America and to devalue by 70% the paper given to Americans in return for that gold. 

Those 18,000 metric tonnes of gold had a value then of about $20 billion*, taken from the people in the middle of the worst recession in living memory, surely one of the cruelest and most inhumane acts possible at the time. A gold run on the Federal Reserve bank was imminent, and this entire act was simply to prevent the financial collapse of the FED – at the cost of further impoverishing the population and extending the Great Depression by years.

* 32,150 oz. per metric tonne @ $35/oz. (roughly $1 million per tonne) times 18,000 metric tonnes. Today, that gold is worth around $1,700 per oz., or about $50 million per tonne, times 18,000 tonnes = approximately $1 trillion.

Leger Entry: $1 trillion in today’s dollars

(12) US Silver Purchase Act of 1934

They didn’t stop there. The next year, 1934, President Roosevelt implemented yet another Executive Order, number 6814, The Silver Purchase Act, that specified the seizure of all silver in the US and a huge program to purchase silver on the open market at almost three times the then market price.

From any rational standpoint, this action was bizarre. The US government did indeed nationalise the US silver stocks, but by purchasing that silver from Americans at the old price of $0.45. This action vacuumed up billions of scarce government funds at the depth of the Great Depression when most Americans were struggling to survive and avoid starvation and bankruptcy.

Having accomplished this, Roosevelt then even more bizarrely enforced the second part of the act which directed the Treasury to purchase silver at a price of at least US$1.29 per ounce, which was nearly three times the then market price which American citizens received.

The legislation primarily authorised the Treasury to purchase silver “from foreign countries” on the open market – on the New York Futures Exchange. But this Act was totally bizarre because such purchases had never occurred, nor would they. Not even a crazy person would spend money buying something at $1.29 when that commodity was widely available on world markets everywhere at $0.45. So, what really was driving this new policy?

To this time, China had been on a silver standard for its currency for hundreds of years, the only currency in the world fully backed by precious metal, and responsible for creating a solid and stable economic base, permitting China to escape altogether the Great Depression that was ravaging the rest of the world.

The American silver policy of course dealt a devastating blow to this centuries-old stability because the Americans were not purchasing silver from foreign countries on the open market, but only in China through the American banks like Citibank, Morgan and Chase because they were immune to Chinese export regulations.

These US agents offered Chinese three times the market price for their silver, naturally resulting in a flood of silver flowing into these banks and from there to be shipped to the US on American military vessels. I have seen statements by historians that China had about 1 billion ounces of silver which at the time was 1/3 of the world stocks, but that is clearly untrue since Shanghai alone was losing half a billion ounces a month, and Chinese banks that normally had their currency backed 60% with silver were down to about 4%.

A careful reader should have noticed that the most important piece of this puzzle is missing. Let’s recap:

(1) The US government bought up all the gold existing in private hands in the US, then gave all that gold free as a gift to Rothschild and the other Jewish owners of the FED.

(2) The US government then bought all the silver in the US and also gave that to Rothschild’s FED as a gift.

(3) It then instituted a policy of the US Treasury buying all the silver in China at three times the world market price and gifting all that silver to Rothschild’s FED.

The part that’s missing is the money. This was in the middle of most severe depression in living memory, people were starving, the US government had no money and the currency as well as the FED were in danger of collapsing. How could Roosevelt afford to buy up all that precious metal and gift it to a few Jewish bankers? Easy.

They lent him the money by printing paper, and collecting not only the principal but the interest. Roosevelt didn’t have the money to buy Rothschild a Christmas gift, so Rothschild lent Roosevelt the money – at interest, to buy his gift. And that’s how the US went $33 billion into debt 1n 1933.

It isn’t possible to accurately estimate the total value of the silver extracted from the US or China, so I make no leger entry here.

Leger Entry: $XX billion in today’s dollars

“I have seen a horrible thing in the house of Israel; there is the whoredom of Ephraim, Israel is defiled,” Hosea 6:10

“Because thou hast despoiled many nations, all the remnant of the people shall despoil thee, because of men’s blood, and for the violence of the land, of the city, and of all that dwell therein,” Habakkuk 2:8

“In all your dwelling places the cities shall be laid waste, and the high places shall be desolate, that your altars may be laid waste and made desolate, and your idols may be broken and cease, and your images may be cut down, and your works may be abolished,” Ezekiel 6:6

~ by Joel Huan on December 4, 2022.

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