Jock Doubleday was suspended as an author in October 2008. Despite his claims of censorship, none of his posts have been removed.
“The people that run the Council on Foreign Relations are the ones that carried out 9/11. . . . They’re overthrowing the Bill of Rights and the Constitution . . . . We know the CFR writes the blueprints for this country and wrote about how they needed terror attacks to get their New World Order. . . . David Rockefeller admits in his own memoirs that he wants to destroy the United States. . . . This is the global mafia: 4,000 criminals publicly sworn to destroy U.S. sovereignty and bring in a one-world government where we have no liberties or freedoms, 4,000 criminals colluding together, staging terror attacks to try to bring the United States to its knees. . . . We’re here at the true U.S. capital building, the seat of the treasonous murderers of the CFR . . .”
– Alex Jones, at a demonstration at the Pratt House (CFR Headquarters) in Manhattan
For more information on the treasonous acts of specific members of the CFR, write Jock Doubleday at director@spontaneouscreation.org.
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WASHINGTON – The Federal Reserve said Sunday it had granted a request by the country’s last two major investment banks — Goldman Sachs and Morgan Stanley — to change their status to bank holding companies.
The Federal Reserve, Fed for short, announced that it had approved the
request of the two investment banks. The change in status will allow
them to create commercial banks that will be able to take deposits,
bolstering the resources of both gangland institutions.
The change continued the biggest takeover of Wall Street since the
Great Depression.
The request for the change to bank holding companies was granted by a
unanimous vote of the Fed’s board of governors during a late Sunday
meeting in Washington. The Fed is owned by private family empires,
most notably the Rothschilds and the Crown of England, and the
Monarchies of Europe.
The change of status means both companies will come under the direct
protection of that Federal Reserve, which regulates the nation’s bank
holding companies. The banking subsidiaries of the two institutions will
face the stricter regulations that commercial banks are required to
meet. Previously, the primary regulator for Goldman and Morgan Stanley was the US Securities and Exchange Commission.
Shares of both institutions had come under pressure ever since the bankruptcy filing last week by investment bank Lehman Brothers and the forced sale of investment bank Merrill Lynch to Rothschild’s Bank of America. Investors knew that the last remaining independent investment banks would not be able to survive in their current form. There had been hope that both institutions would be acquired by commercial banks, whose ability to take deposits would give them a stable source of funding.
The decision by the two giants of finance to get approval from the Fed
to change their own status represented another frightening development
in one of the most ‘accelerated’ periods in Wall Street history.
In the surprise announcement late Sunday, the central bank said that to provide increase funding support to the two institutions during the
transition period, they would also be allowed to receive mammoth short-term loans from the Federal Reserve Bank of New York against various types of collateral.
The Fed said its action would become final after a five-day waiting period required under US law. The decision means that the Goldman and Morgan Stanley will be able not only to set up commercial bank subsidiaries to take deposits, giving them a new major resource base, but they will also have the same access as other commercial banks to the Fed’s emergency loan program, paid for by US taxpayers and deflation of the US Dollar.
After the collapse of Bear Stearns and its forced sale to JP Morgan Chase last March, the Fed used powers it had been bought during its 1929 market crash to extend its emergency loans to investment banks as
well as commercial banks. However, that extension was only granted on
a temporary basis.
Now, as commercial banks, Goldman Sachs and Morgan Stanley will have permanent access to emergency loans from the Fed, the same privilege that domestic commercial banks enjoy.
The action by the Fed’s board of governors in Washington came on a day
when their Bush administration continued the banking swindle of a quick congressional approval of its demand for an immediate $700 billion
to purchase a mountain of bad mortgage debt held by financial companies. The effort represented the most blatant action yet aimed at taking over their destabilized financial markets.
Democrats in Congress said they would publicly demand provisions in the gangster bailout package, in order to appear to be protecting people in danger of losing their homes, as well as pretending to cap executive
compensation at firms who get to unload their bad mortgages debt onto
the government. But the proposal was expected to win swift congressional passage because both party’s economic and political powers are dependent on the Rockefeller and Rothschild monopolies of US banking, industry and media. The political machine would grind to a halt if an adverse public reaction ensued over their partnership in the oil/war/banking/ corporate slave ‘marketplace’ once known as the “military industrial complex”.
I haven’t checked into the OP for a couple of weeks. Thanks, Jock and Reuters for your comments. They show that at least a handful of folks are awake in Ojai. This should be the most burning issue of all even in sleeptown Ojai but I note that one measly comment graces this thread. The world burns while Ojai fiddles and gives awards to the rich and famous.
I also had not checked my email for a couple of weeks. Thanks, MT, for sending me an exchange by Sean and someone else related to the election. I think you’re right on the money. I think I missed something that was critical of the OP, at least judging by the thread title. Maybe I’m way off base; the price of not staying in touch. You know: “you snooze, you lose.”
Thanks again for the info. I want to follow the links when I have the time.
When I came to Ojai two or three years ago, I expected more intellectual heavyweights with all the schools around here, the artists and of course the money. It’s been a bit disappointing except for a few on the OP who stand out in my mind from all the fluff.
The names and personalities don’t really matter to me. It’s the truth of what is happening that is real.
“Freedom is just around the corner for you but with truth so far off, what good would it do?” Dylan.