Lies of a Century. Heiko Schrang
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council dictatorship in Brussels. One could see the plane crash of a small two-seater plane in which he was travelling and survived with injuries in this context.
The EU regents, who were attacked by Farage, are really only minions in the end who act out what they are told by their handlers. Behind the EU exists – unbeknownst to the public – a secret shadow government, the so-called “European Round Table of Industrialists”, founded by 17 leading European industrialists in 1983, that has continued to exert huge influence over the happenings in the EU up to the present day.
In the year 1986, the alliance between the EC Commission and the ERT (the power of corporations) had been agreed upon, which played a major role in the increasing centralization of Western Europe. Already in 1985 the ERT demanded that the single European Market was to be completed with a single currency.
What few people know is that in the spring of 1991, the ERT published a detailed roadmap for a European currency union. This in turn had astounding similarities with the Maastricht treaty that was reached in 1991.
Especially interesting in this context is the overlap of people involved in both the ERT and the Bilderberger Group that is shrouded in legend. In the steering committee of the Bilderberg Group there always were ERT people. Those in want of a steep political career needed to hope for an invitation to a meeting of one of these groups in order to then act according to the motto: “Don’t bite the hand that feeds you!”
One example: The President of the Bilderberger Conference in 2011, EU Commissioner and Head of the CFR, Mario Monti, became the new strongman in Italy. He is a new face to the voting public with the hope to lead it out of the financial crisis, under the same guise as always. He is not the only beacon of hope to the common man because there is also the President of the European Central Bank, Mario Draghi, as well as Loukas Papadimos, the head of the transition government in Greece.
One thing connects these three men, the common former employment at the investment bank Goldman Sachs that was heavily involved in the financial crisis.
THE GOLDMAN SACHS CONSPIRACY
„The real menace of our republic is the invisible government, which, like a giant octopus, sprawls its slimy length over our city, state and nation. At the head is a small group of banking houses generally referred to as 'international bankers.' This little coterie of powerful international bankers virtually runs our government for their own selfish ends.”
John Francis Hylan (1868 – 1936)
An interview by the BBC in the autumn of 2011 was the cause of much upheaval and outrage in the world of banking and politics.[55]
The TV station questioned the stock trader Alessio Rastani about the economic crisis in Europe. He, amongst other things, said: “Governments cannot solve this crisis.” And then he went on to say something ‘monstrous’: “Not governments, but Goldman Sachs rules the world.” With this statement he breached the unwritten laws of the banking world. Immediately afterwards a campaign of vicious backbiting and slander ensued via the established media, in which the Daily Telegraph particularly excelled. The paper accused him of being an “attention seeker” who only deals in stocks as a hobby.[56]
Goldman Sachs is more than a bank. It is an invisible empire with assets under management of 700 billion, which is more than twice the budget of the nation of France.
The dubious Goldman Sachs activities attracted public attention for the first time during the Abacus scandal in 2007. Abacus was a risky mortgage loans that Goldman Sachs was bundling and selling on to their clients. This maximum risk product was given an AAA rating, as the safest investment product.[57] The scandal was that Goldman Sachs itself speculated on the decline of these papers, thereby betting against their own clients. Half a year later it ended in mass insolvencies of the American property owners and Abacus dropped in value. This resulted in Goldman Sachs losing its investments.
Even worse, in the same year Goldman Sachs was so audacious as to engage in highly speculative trades betting on the insolvency of American households.[58]
In autumn 2008 the situation changed dramatically and it appeared as if the entire system of financial capitalism threatened to collapse. Especially grave was that the strongest competitor of Goldman Sachs, the Lehman Brothers bank, was nearly facing bankruptcy. The American finance minister Hank Paulson refused to help, citing his unwillingness to spend taxpayer money on the rescue of Lehman Brothers as the reason for his decision.
On September 19th, 2008 the Securities and Exchange Commission (SEC) had imposed a ban on naked sales of about 800 financial titles. Bear Stearns and Lehman Brothers were ruined by naked sales, but the SEC did not view this as a cause to react. Unlike than with Goldman; after their own share price came under the same kind of pressures and sank by 20 percent in only three days, the ban on naked sales was lifted by SEC boss Christopher Cox, a former Goldman Sachs employee.
The Goldman Sachs competitors Bear Stearns, Lehman Brothers and Merrill Lynch were liquidated and Goldman Sachs along with J.P. Morgan Chase & Co. left the insolvency massacre on Wall Street victoriously in the autumn of 2008. Unlike its competitors, Goldman Sachs was able to enjoy billions in rescue packages by the Bush administration.
At the same time the largest US insurance company AIG was facing bankruptcy as well. The explosive part is that if AIG had collapsed, Goldman Sachs would have lost about 10 billion Euros.
This sum represents no less than the exact sum of the loan that was granted to the AIG by the former Goldman Sachs boss Hank Paulson himself. He, in his role as finance minister, led secret talks with his former right hand at Goldman Sachs, Lloyd Blankfein. Blankfein, by now himself chairman of Goldman Sachs and Finance Minister Hank Paulson made the decision to rescue AIG.
The government, in reality the taxpayer, now accepted the debt as its own and paid for it. Without any losses incurred, Goldman Sachs was returned its 10 billion Euros.[59]
At the end of 2008, just as the banking world found itself in its worst crisis, Goldman Sachs made a profit of 1.5 billion Euros and was able to profit brilliantly from the demise of its main rivals.
When Greece’s entry to the Euro Zone was being discussed during the year 2000 and 2001, the New Yorker banks were immediately at hand. They supported the left of center government of Konstantinos Simitis with the required reduction of his budget deficit. They further re-organized their credit accounting in the dimensions of 15 billion Euros as well as employed a variety of financial sleight of hand trickery to conceal the additional loans from Brussels. In other words they helped Greece to fake their balance sheet.
In doing so, they misled the European Office of Statistics Eurostat in order to hide the real budget deficit only to make it re-appear once Greece was accepted into the Euro Zone.
In well-informed circles it is assumed that Goldman Sachs not only helped Greece, but also Italy to hide parts of its national debt in order to comply with the admission requirements of the Euro Zone. It is alleged to have been Draghi, the current head of the European Central Bank, and in the case of Greece, its Prime Minister Papadimos. In this time frame, the President of the Bilderberger Conference of 2011, EU Commissioner and head of the CFR, Mario Monti, succeeded the former Italian PM Silvio Berlusconi in his office.
There is one thing connecting the three men, the common former employment for the investment bank Goldman Sachs and the common goal of an EU fiscal union in which national sovereignty no longer exists.
Mario Draghi for example was at Goldman Sachs (Europe), Vice President and Head of the department that shortly before he was heading it, helped Greece sugarcoat its balance sheet with a financial instrument called Swap[60], in order to conceal its national debt.
In order to reach their goals, Goldman Sachs continued to place its own people in high offices time and time again.
Romano Prodi for example was a consultant at Goldman Sachs, prime minister of Italy and later president of the European Commission.
In that time of cover-up maneuvers by Goldman Sachs, the man who was presented as a beacon of hope for the Greeks by the lobby,