Dennis L. Cuddy, Ph.D.
March 17, 2014
Responding to Jim, I told him that in the early years of President Franklin Roosevelt's administration, right after FDR had talked with Jack Morgan (J.P. Morgan' son), the president wrote to Col. Edward M. House (President Wilson's chief adviser) on November 21, 1933 explaining that "The real truth of the matter is, as you and I know, that a financial element in the larger centers has owned government ever since the days of Andrew Jackson...."
Jim seemed surprised that a president like FDR would actually say something that bold, and he replied: "Look, this is all very interesting, but it's still people like FDR and Woodrow Wilson talking about what others are doing. You're going to have to show me someone admitting that he, himself, was personally carrying out Cecil Rhodes' plan decades after Rhodes' death for me to believe that this is more than just Rhodes' pipe dream."
As someone interested in history, I was aware of the works of the famous historian Arnold Toynbee, who was an acknowledged member of Cecil Rhodes' Association of Helpers. Therefore, I showed Jim a speech Toynbee had delivered in Copenhagen in June 1931 (40 years after Rhodes formed his secret society "to take the government of the whole world") to the Institute for the Study of International Affairs, in which he revealed: "We are at present working discreetly with all our might to wrest this mysterious force called sovereignty out of the clutches of the local nation states of the world. All the time we are denying with our lips what we are doing with our hands, because to impugn the sovereignty of the local nation states of the world is still a heresy for which a statesman or publicist can perhaps not quite be burned at the stake but certainly be ostracized or discredited."
Still skeptical, though, Jim downplayed my discovery by saying, "But Arnold Toynbee is dead, and so are J.P. Morgan and all those other bankers back then. Besides, we're in a global economy today. You'll have to find something linking Morgan to international bankers today if your theory is going to have any credibility."
I knew that Morgan was largely responsible for the establishment of the Bank for International Settlements (BIS) under the Hague Agreement of 1930. The BIS became the central bank for all the world's central banks. And Bill Clinton's Georgetown University mentor, Prof. Carroll Quigley, had written in TRAGEDY AND HOPE (1966) that its aim was "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. The system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
Jim wanted to see the linkage between Morgan's influence back then (the early 20th century) and today, so I showed Jim 3 recent sources that demonstrated the influence and power of the BIS (established largely because of Morgan) in relatively recent times. In 1995, not only did former FORBES magazine staff reporter Steven Solomon author THE CONFIDENCE GAME: HOW UNELECTED CENTRAL BANKERS ARE GOVERNING THE CHANGED WORLD ECONOMY (including the BIS), but THE NEW YORK TIMES also provided a statement. On August 5, 1995 the newspaper printed an article by Keith Bradsher, in which he wrote: "In a small Swiss city sits an international organization so obscure and secretive....Control of the institution, the Bank for International Settlements, lies with some of the world's most powerful and least visible men: the heads of 32 central baknks, officials able to shift billions of dollars and alter the course of economies at the stroke of a pen." Also, on June 28, 1998 THE WASHINGTON POST published an article about the BIS titled: "At secret meetings in Switzerland, 13 people shape the World's Economy," which described these individuals as "this economic cabal....This secretive group...the financial barons who control the world's supply of money."
Further evidence of the power of money was provided on ABC television's July 1, 1998 "Nightline" program in which host Ted Koppel's guest, David Turecamo, revealed that "...power in the world is no longer with politicians. They can be toppled with the click of a mouse...(moving) huge amounts of money into and out of markets in a nanosecond....Money knows no allegiance. There is no patriotism."
I thought Jim would be impressed with all of this. However, while he expressed some interest, he was still reluctant to believe a power elite was manipulationg world events.
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