Brussels serves as headquarters for the new European Central Bank and for NATO. The Four Horsemen of Banking (Bank of America, JP Morgan Chase, Citigroup and Wells Fargo) own the Four Horsemen of Oil (Exxon Mobil, Royal Dutch/Shell, BP and Chevron Texaco); in tandem with Deutsche Bank, BNP, Barclays and other European old money behemoths. This information is guarded much more closely. Nixon asked him to be Secretary of Treasury, but Rockefeller declined the job, knowing his power was much greater at the helm of the Chase. What happens to money and credit affects interest rates (the cost of credit) and the performance of an economy. The Rockefellers- like the Morgans- had close ties to London. Gabriel Kolko. Public distrust of the combine spread. In 1914 a few families (blood or business related) owning controlling stock in existing banks (such as in New York City) caused those banks to purchase controlling shares in the Federal Reserve regional banks. It gave a bridge loan to Hungary in the 1990’s to ensure privatization of that country’s economy. Eustace Mullins came to the same conclusions in his book The Secrets of the Federal Reserve, in which he displays charts connecting the Fed and its member banks to the families of Rothschild, Warburg, Rockefeller and the others. In 1879 Cornelius Vanderbilt’s Morgan-financed New York Central Railroad gave preferential shipping rates to John D. Rockefeller’s budding Standard Oil monopoly, cementing the Rockefeller/Morgan relationship. Normally, the Fed swaps green pieces of paper called Federal Reserve Notes for pink pieces of paper called U.S. bonds (the federal government’s I.O.U.s), in order to provide Congress with the dollars it cannot raise through taxes. [11]. One important repository for the wealth of the global oligarchy that owns these bank holding companies is US Trust Corporation – founded in 1853 and now owned by Bank of America. [23] His namesake son is a Senator from West Virginia. The Federal Reserve was created in 1913 by the Federal Reserve Act to serve as the nation's central bank. John Rockefeller Jr. headed the Population Council until his death. The Federal Reserve Cartel: Who owns the Federal Reserve? The French Lazard family became more involved in House of Morgan interests. Another was James Stillman, whose family controlled Manufacturers Hanover Trust. He defended the Shah of Iran, the South African apartheid regime and the Chilean Pinochet junta. Many considered them traitors working for European old money. [16]. My queries to bank regulatory agencies regarding stock ownership in the top 25 US bank holding companies were given Freedom of Information Act status, before being denied on “national security” grounds. Schauf lists William Rockefeller, Paul Warburg, Jacob Schiff and James Stillman as individuals who own large shares of the Fed. All competing railroad traffic west of St. Louis placed in the control of about thirty men.”[8], Morgan and Edward Harriman’s banker Kuhn Loeb held a monopoly over the railroads, while banking dynasties Lehman, Goldman Sachs and Lazard joined the Rockefellers in controlling the US industrial base. As of 2013, the top 10% own 81% of stock wealth, the next 10% (80th to 90th percentile) own 11% and the bottom 80% own 8%. Populist preacher William Jennings Bryan was thrice the Democratic nominee for President from 1896 -1908. Morgan also had close relations with Italian fascist Benito Mussolini, while German Nazi Dr. Hjalmer Schacht was a Morgan Bank liaison during WWII. google_ad_client = "ca-pub-9172033548379914"; The Federal Reserve system is an imperfect, but rather innovative clearinghouse. One Rockefeller Standard Oil partner was Edward Harkness, whose family came to control Chemical Bank. Today however, the FED, which is a privately owned company, controls and profits by printing money through the Treasury, and regulating its value. That same year Mrs. Edward Harriman sold her substantial shares in New York’s Guaranty Trust Bank to J.P. Morgan, creating Morgan Guaranty Trust. One important repository for the wealth of the global oligarchy that owns these bank holding companies is US Trust Corporation – founded in 1853 and now owned by Bank of America. But their monopoly over the global economy does not end at the edge of the oil patch. They also own a 32-room 5th Avenue duplex in Manhattan, a mansion in Washington, DC, Monte Sacro Ranch in Venezuela, coffee plantations in Ecuador, several farms in Brazil, an estate at Seal Harbor, Maine and resorts in the Caribbean, Hawaii and Puerto Rico. [21], Brother John Foster Dulles presided over the phony Goldman Sachs trusts before the 1929 stock market crash and helped his brother overthrow governments in Iran and Guatemala. Morgan had close relations with the Iwasaki and Dan families – Japan’s two wealthiest clans – who have owned Mitsubishi and Mitsui, respectively, since the companies emerged from 17th Century shogunates. That year Morgan saved the US government from a bank panic, forming a syndicate to prop up government reserves with a shipment of $62 million worth of Rothschild gold. National City Bank of Cleveland provided John D. with the money needed to embark upon his monopolization of the US oil industry. By 1895 Morgan controlled the flow of gold in and out of the US. THIS IS THE FAMOUS "NEW WORLD ORDER" Thirteen families effectively control the central banks of all the hard-currency countries. As Charles Tansill wrote in America Goes to War, “Even before the clash of arms, the French firm of Rothschild Freres cabled to Morgan & Company in New York suggesting the flotation of a loan of $100 million, a substantial part of which was to be left in the US to pay for French purchases of American goods.”, The House of Morgan financed half the US war effort, while receiving commissions for lining up contractors like GE, Du Pont, US Steel, Kennecott and ASARCO. So, who owns the Federal Reserve? The Federal Reserve Bank (or simply the Fed), is shrouded in a number of myths and mysteries. The family owns 30 Rockefeller Plaza, where the national Christmas tree is lighted every year, and Rockefeller Center. 2000, [15] The Confidence Game: How Un-Elected Central Bankers are Governing the Changed World Economy. A recent Chairman and CEO of Citigroup was Sanford Weill. Author Gary Allen writes in The Rockefeller File that in 1973, “David Rockefeller met with twenty-seven heads of state, including the rulers of Russia and Red China.”, Following the 1975 Nugan Hand Bank/CIA coup against Australian Prime Minister Gough Whitlam, his British Crown-appointed successor Malcolm Fraser sped to the US, where he met with President Gerald Ford after conferring with David Rockefeller. This far surpasses the total of all Third World country debt combined, debt which is mostly owed to these same Eight Families, who own … [22]. The first American wave of mergers was in its infancy and was being promoted by the bankers. Now, it seems, the government is issuing bonds, not for its own use, but for the use of the Fed! The Federal Reserve System is divided into two parts: the Federal Reserve Board of Governors, located in Washington DC, and the Federal Reserve District Banks, located throughout the United States. Jack Morgan – J. Pierpont’s son and successor – responded by calling on Morgan clients Remington and Winchester to increase arms production. The Eight Families That Control the Wealth of the World. He was the biggest financier of the CFR, the TC and (during the Vietnam War) the Committee for an Effective and Durable Peace in Asia- a contract bonanza for those who made their living off the conflict. Morgan Grenfell operated in London. While the Board of Governors is an independent government agency, the Federal Reserve Banks are set up like private corporations. In the insurance business, the Rockefellers control Metropolitan Life, Equitable Life, Prudential and New York Life. http://gobc.tv/skillshare In this video, we'll explore how the U.S. Federal Reserve works. John D. Rockefeller used his oil wealth to acquire Equitable Trust, which had gobbled up several large banks and corporations by the 1920’s. Simon & Schuster. By 1890 the House of Morgan was lending to Egypt’s central bank, financing Russian railroads, floating Brazilian provincial government bonds and funding Argentine public works projects. A recent US Trust Corporate Director and Honorary Trustee was Walter Rothschild. After the war Morgan representatives met with Schacht at the Bank of International Settlements (BIS) in Basel, Switzerland. BIS promotes an agenda of monopoly capitalist fascism. [5], Author Gabriel Kolko stated, “Morgan’s activities in 1895-1896 in selling US gold bonds in Europe were based on an alliance with the House of Rothschild.” [6]. It was the first such automated endeavor. [7]. They also own a 32-room 5th Avenue duplex in Manhattan, a mansion in Washington, DC, Monte Sacro Ranch in Venezuela, coffee plantations in Ecuador, several farms in Brazil, an estate at Seal Harbor, Maine and resorts in the Caribbean, Hawaii and Puerto Rico. The House of Morgan presided over American finance from the corner of Wall Street and Broad, acting as quasi-US central bank since 1838, when George Peabody founded it in London. The Federal Reserve is PRIVATELY OWNED by Thomas D. Schauf THE FEDERAL RESERVE BANK IS A PRIVATE COMPANY. Benjamin Strong of Banker’s Trust was the first Governor of the New York Federal Reserve Bank. Some took to calling Euro-Clear “The Beast”. [23] His namesake son is a Senator from West Virginia. In 1944 the first World Bank bonds were floated by Morgan Stanley and First Boston. [5], Author Gabriel Kolko stated, “Morgan’s activities in 1895-1896 in selling US gold bonds in Europe were based on an alliance with the House of Rothschild.” [6]. The Centre for Research on Globalization will not be responsible for any inaccurate or incorrect statement in this article. He was the biggest financier of the CFR, the TC and (during the Vietnam War) the Committee for an Effective and Durable Peace in Asia- a contract bonanza for those who made their living off the conflict. The bank was identified in Congressional hearings as being one of three Rothschild-owned banks in the US during the 1870’s, when Rockefeller first incorporated as Standard Oil of Ohio. Their corporate media arm is quick to discredit any information exposing this private central banking cartel as “conspiracy theory”. www.globalresearch.ca contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. He names N.M. Rothschild of London, Rothschild Bank of Berlin, Warburg Bank of Hamburg, Warburg Bank of Amsterdam, Lehman Brothers of New York, Lazard Brothers of Paris, Kuhn Loeb Bank of New York, Israel Moses Seif Bank of Italy, Goldman Sachs of New York and JP Morgan Chase Bank of New York. It serves as financial agent for international agreements, collects information on the global economy and serves as lender of last resort to prevent global financial collapse. Thirteen families effectively control the central banks of all the hard-currency countries. By continuing to use this site you agree to the use of cookies. Here is the official website of the Federal Reserve Board of Governors: If you examine this page, you will see that there are five members of the Federal Reserve Board of Governors. John Rockefeller Jr. headed the Population Council until his death. Several Western states banned the bankers. Schauf lists William Rockefeller, Paul Warburg, Jacob Schiff and James Stillman as individuals who own large shares of the Fed. All were Morgan clients. David Rockefeller was instrumental in the construction of the World Trade Center towers. That year Morgan saved the US government from a bank panic, forming a syndicate to prop up government reserves with a shipment of $62 million worth of Rothschild gold. Houghton, Mifflin Company. 1975. p.296, Comment on Global Research Articles on our Facebook page, Disclaimer: The contents of this article are of sole responsibility of the author(s).