The Real War: The World Banking Cabal Front

This front is pretty much ground zero for the Ruling Class war against, well, the rest of us.

Recently I linked to an article by Barbara Boyd, who writes for the LarouchePAC. I should probably explain up front that I don’t belong to that or any related organization, and have declined offers to become associated. In any event, linking to Boyd’s article—which I thought made excellent sense within my own perspective—led to being sent Boyd’s latest article:

Yoda’s Evil Deluded Twin, Janet Yellen, Declares World Bankers’ Dictatorship

While some readers may be familiar with the developments that Boyd describes, I believe the article presents these events in a particularly readable way. In the past I’ve covered some of what Boyd describes in the context of the buildup to and the power centers behind the implementation of the Covid Regime—especially the gaming for pandemic controls. Boyd’s article focuses more on what could be described generally as the movement for a Green world economy. That movement itself, however—much like the Covid Hoax, the WEF’s Great Reset/Davos, the Russia Hoax, and the current US/NATO war against Russia—is more in the nature of a means to an end. As far as a move by the World Bankers to take over governance of the world, I’ve covered that in the context of the Covid Regime through the presentations of people like Richard Werner, Catherine Austin Fitts, Tom Luongo, and others. Again, I believe Boyd does an excellent job of organizing an overview of the aims of the people behind these related movements toward a world government directed by the banks. I say all this to justify inserting the greater part of Boyd’s article below—with additional comments and links (largely missing from the article).

In what follows I’ll suggest that much of this makes particular sense in the context of a human generated “pandemic”—blamed on China but actually instigated by the West—which led to massively oppressive social controls and the crushing of much of the West’s economic activity. That in turn led to the engineering of Trump’s removal from the presidency, and the Zhou regime’s two pronged globalist offensive: crushing the US energy sector and instigating a war on the biggest source of natural resources in the world, Russia, with the concomitant crushing of the EU economy. My view—and all, of course, are free to disagree—is that these measures, or measures that would lead to similar results—had long been planned.

So …

Boyd frames her article around an address that Treasury Secretary Janet Yellen gave on 4/13/22 at the Atlantic Council. The address was billed as “On the Way Forward for the Global Economy”. Here’s how Boyd describes the general tenor of the address:

Yellen chillingly sketched the new “globalist order” she fantasizes will emerge from the Biden Administration’s provoked war with Russia in Ukraine ... It was a prelude to the International Monetary Fund and Group of 20 finance ministers and central bankers meetings this coming week in Washington and Indonesia, in which the globalist financier cartel hopes to further their plan for a world Green financial dictatorship.

Yellen’s exact words are these:

We, the sanctioning countries, are saying to Russia that, having flaunted the rules, norms, and values that underpin the international economy, we will no longer extend to you the privilege of trading or investing with us.

By joining together, we demonstrate that these sanctions are not motivated by any one country’s foreign policy objectives. Rather, we are acting in support of our principles: our opposition to aggression, widespread violence against civilians, and in alignment with our commitment to a rules-based global order that protects peace and prosperity.

Please note the appeal to a “rules-based global order”. We have contrasted that concept in the recent past with the usual norm for international conduct: international law. The US and its vassal states—mostly NATO states—have found international law, the United Nations, and treaty obligations to be far too restrictive. This “rules-based order” is simply defined as the values of those countries—relying on American military might—that believe they can enforce their will on the rest of the world. Yellen is saying in so many words (as we will see) that existence in the world is a privilege granted—or withdrawn—by those who define that order. Preeminently, that means the US and what is known as the Anglosphere. Yellen claims that our values are to “protect peace and prosperity”. That coming from a high official in perhaps the most warlike nation to come out of WW2. Of course, it all depends on how you define “peace”.

Before we proceed, let me offer a link to Karl Denninger’s latest, in which he explains the ways in which the US ignores the NATO treaty structure, established international law, and the United Nations in pursuit of its own defined and enforced “rules-based order”: NATO Is Invalid And The Nations In It Deserve What They Get. KD doesn’t mention the “rules-based order”, but that’s really what it’s all about.

Now, as Boyd notes, Yellen devotes most of her address to patting the US and its vassal states on their backs for their sanctions against Russia. In Yellen’s mind, these sanctions are working exactly as planned—except that they’re not. But that’s Russia’s fault, for not being crushed.

..., Yellen’s speech itself was dangerously and grandiosely delusional. She spent most of it hailing the “cooperation” she thinks she has achieved in the financial war she is leading against Russia while threatening any nation refusing to cooperate—like some junior mafia boss.

But the hate campaign the U.S. and the British believe they have so exceptionally executed against Putin with the aim of achieving regime change, has only resulted in soaring approval ratings for Vladimir Putin in Russia. Further, the vast majority of the world’s population ... has refused to participate in the proposed economic destruction of the Russian state. To a significant extent, the same nations have refused to cooperate with the central bankers’ Green New Deal and Great Reset, ...

In fact, we see more evidence by the day that the “Rules-Based Order” of the Atlanticist world is actually far from united, while the sanctions are backfiring spectacularly—causing the Zhou administration to issue serial threats to major players in the real global economy (think China, India—as well as Russia). Yellen sets up the “Rules-Based Order as in effect what Boyd describes as “NATO against everyone else.”

With that, we get to the heart of Boyd’s presentation, which traces the context of Yellen’s address back to the financial crisis of 2008 and the frantic attempts of the rent seeking class to preserve their preeminence, while subjugating the rest of the world. Bear in mind that Obama’s first years coincided with the financial crisis that began under Dubya:

... As Vice-Chair of [the] Federal Reserve during the first years of the Obama Administration, [Yellen] was known as Ben Bernanke’s enforcer as he created the “quantitative easing” “wall of money” which bailed out the world’s megabanks on the backs of American workers and impoverished developing sector nations. During the bailout, BlackRock’s Larry Fink was contracted by Yellen’s Fed to run large chunks of the program—resulting in major growth for Fink’s asset management firm. Yellen continued these policies as Fed Chair under Obama, creating what has now become the largest financial bubble in human history.

It is the looming crash of that bubble which is determining the globalist oligarchy’s actions now, above all else. In the wake of COVID, they are moving to control the world’s raw materials, land, and physical commodities, while continuing to downsize extant nation states and populations in order to ensure the oligarchy’s survival and continuing power. Russia, with its vast mineral and other raw material reserves, is a huge prize in their calculus. They hope to loot it yet again, just like they did in the 1990s. The name for this policy is the World Economic Forum’s “Great Reset,” in which Janet Yellen and the world’s central bankers star, while installed political officials, like the senile President of the United States, are relegated to reading scripts.

Note well the reference to “moving to control natural resources and land and downsizing population.” This is part of the Neo-Malthusian eugenicist worldview that the globalists subscribe to, and which they have described quite openly. The push to inject the entire global population is most likely part of that project of downsizing population, just as the creepy Bill Gates has described it.

Christopher Leonard’s book, The Lords of Easy Money [: How the Federal Reserve Broke the American Economy], documents that the Fed knew, from 2008-2009 forward, that it was looting the real economy to bail out the Wall Street/London/Brussels speculative finance axis, and that its policies would create the massive wealth disparities, disinvestment in and disintegration of the real economy, widespread poverty, and deaths of despair and pessimism, which this nation has experienced ever since. ...

In August of 2019, at the Fed’s annual Jackson Hole confab, then Bank of England Chairman Mark Carney and Larry Fink’s BlackRock combined to propose a “regime change” in finance. They admitted that the 2008 crash of their system had failed to respond to the trillions in bailout funds they had thrown at it. Carney blamed the central bankers’ inability to sufficiently inflate the dollar as the cause of this malady. To remedy this, he called for the end of the dollar as the world’s reserve currency. Carney proposed replacing it with a virtual digital currency controlled by the central banks. He called it a “synthetic hegemonic currency” which would allow the central banks to continuously expand credit. This helicopter money would be used to continue to bail out the bubble, along with creating new rollover boondoggles such as the green finance scheme which Carney began promoting with 24 central banks in 2017.

Does this give you some idea of why the West is desperate to crush the ruble—and any other version of “hard money”? Even at the cost of war?

The other part of the “regime change” as proposed by BlackRock at Jackson Hole, was to have the Federal Reserve and other central banks take over spending policy from national governments. New currency for spending purposes would be printed as they and an unelected “committee of experts” saw fit. This scheme was put forward by veteran governors of the Fed, Bank of France, and Bank of Canada—all of whom were BlackRock employees or advisors at the time.

Government by “experts”—what could possibly go wrong with experts at the helm? It’s the old, old Prog dream, with roots as far back as Plato.

The Jackson Hole meeting was followed by a similar financial regime change discussion on September 22, 2019, in New York City during preparations for the United Nations’ Climate Action Summit. As 130 global banks, led by the 30 biggest, signed a compact called “Principles of Responsible Banking,” Carney decreed that the world would transition from brown to green energy and, to enforce this, the world’s central banks were lined up, along with the world’s megabanks and private financiers, rating agencies, and insurance companies, to deny credit to anyone resisting. In his words, “Firms that align their business models to the transition to a net zero(-carbon) world will be rewarded handsomely. Those that fail to adapt will cease to exist.”

Two points. First, have you noticed that these two major declarations of the Global Elite came out immediately before Covid was discovered? Just sayin’. Second, do you remember voting for any of this? For that matter, are you aware of any ongoing discussion emanating from our political class about the desirability of any of this? Me neither. What do we elect them to do?

At the same time, Janet Yellen and Mark Carney began working together on the implementation of this financial “regime change” by chairing the writing of a report entitled, “Mainstreaming the Transition to A Net Zero Economy” for the Group of 30. It was published in October of 2020, just ahead of America’s rigged election.

The Yellen/Carney manifesto calls for all governments to require “climate risk” disclosures for all companies operating in their countries, enabling the “financial system” to identify “climate leaders and laggards” and direct capital flows to sustainable technologies, and set punitive prices on the goods or materials produced by the “laggards.” This policy is now being implemented by Joe Biden’s Securities and Exchange Commission.

The same manifesto calls for governments to completely phase out fossil fuel subsidies and penalize, through “carbon pricing” penalties, the further production of fossil fuels. Equity will be achieved by taking some of the profits from carbon pricing to support low-income households, to supplement budget deficits caused by the COVID response, and to support development of green technologies. All public spending must be aligned with the goals of the Paris Agreement and with R&D primarily devoted to the technologies required for Net Zero. This policy is embodied in Biden’s entire Green New Deal scheme.

From this we can probably assume the importance of the Covid Regime in subjugating the population and leading them to obey irrational orders implicitly.

Further, countries leading the way in phasing out carbon should be allowed trade benefits under World Trade Organization rules, while laggards can be punished by heavily taxing their exports.

Astoundingly, (and this is what made the headlines), the public drive to Net Zero should adopt the “independent” model of the Federal Reserve and other central banks: governments must delegate their finance strategies and spending decisions to private “carbon councils.”

BlackRock “experts” dominated the Yellen/Carney report, and BlackRock has provided the key economic advisors for the Biden Administration. Yellen, obviously, is reigning supreme at Treasury.

The Speech

Here are the key points in Yellen’s speech counterposed with the actual truth about each of her points:

Yellen: “The United States, along with over 30 countries, representing well over half the world’s economy, has imposed an unprecedented suite of financial sanctions and export controls on Russia . . . degrading its ability to prosecute this war and to project power in the years ahead . . . . To target, monitor and enforce the sanctions I convened with Attorney General Garland a novel taskforce of law enforcement and finance ministry leaders from G7 and partner countries to advance our efforts . . . . When Russia made the decision to invade Ukraine, it predestined an exit from the global financial system.”

Russia’s ability to prosecute its war in Ukraine has pretty obviously not been degraded in the least. As Russia’s ties with China, India, and other countries strengthen, so will its ability to project power also increase. The strengthening of the ruble will undoubtedly also increase that ability. Russia will be making a difficult, but doable, transition. The likely result of the sanctions may well be the demise of a truly global financial system.

Comment: ... Germany has so far refused to commit to any immediate shutdown of Russian oil and gas imports, and the types of sanctions across the EU vary widely. The “suite of sanctions” was fully prepared all the way back in November, 2021, and has been under discussion ever since a 2019 Rand Corporation study, “Overextending and Unbalancing Russia.” That study situated “providing lethal arms to Ukraine” as Russia’s deepest security vulnerability, and a complete regime of sanctions against Russian exports as the most successful strategy for crippling the Russian state. Add to that the fact that the U.S. and Britain provoked this conflict, and you begin to get the actual picture.

...

Yellen’s “novel” enforcement task force is primarily tasked with making sure the U.S. keeps all the assets it has seized from Russia, as announced by National Security Advisor Jake Sullivan last week. This is an act of outright piracy nowhere countenanced in international law. Using the world’s reserve currency as a weapon of war could very well destroy the dollar—as Mark Carney and other fools wish. But that, in turn, will only create a world depression.

Yellen: “Russia leaders knew that we would impose severe sanctions even if they underestimated the breadth, depth, and coordination of the actions the United States and its allies would take. We are now seeing higher commodity prices that have added to global inflationary pressures and are posing threats to energy and food security, trade flows, and external balances across many countries . . . with over 275 million people facing acute food insecurity, I am deeply concerned about the impact of Russia’s war on food prices and supply particularly on poor populations . . . .”

This is Yellen admitting that the sanctions have backfired. The inflationary pressures are hitting the sanctioning countries hard, and Yellen is trying to blame Putin. If Yellen were “deeply concerned” about the poor, she would have opposed the sanctions. Crushing the non-elite population—middle class as well as the poor—is actually a feature and not a bug. But it’s turning out to be a bit trickier than anticipated by our rulers.

Comment: Like the Fed in the bailout, Yellen and her central banking colleagues knew what would happen if they provoked a war in Ukraine and imposed the “suite of sanctions” which have been imposed, on top of the inflation already raging from the Fed’s money printing, the COVID recovery measures, and the war on energy being conducted under the auspices of the Green New Deal. As Energy Secretary Jennifer Granholm put it, the entire aim is to change popular behaviors, phasing out all modes of gas and oil consumption. Conditioning the population to accept the severe austerity regime and surveillance state necessary to continue the present oligarchy in power is right now the name of the game—a game which escalated to war when the American people, together with Russia, China, and India, refused to back the Great Reset and Green New Deal.

What follows is remarkable. If I’m Xi Jinping and any thinking Chinese, I take Yellen’s words as a direct threat of war—and prepare accordingly. China is not going to bend the knee to Janet Yellen or any other Westerner. As for a “unified coalition of sanctioning countries” …

Yellen: “Let me now say a few words to those countries who are currently sitting on the fence . . . . The future of our international order, both for peaceful security and economic prosperity is at stake . . . . And, let’s be clear, the unified coalition of sanctioning countries will not be indifferent to actions that undermine the sanctions we’ve put in place . . . . China cannot expect the global community to respect its appeals to the principles of sovereignty and territorial integrity in the future, if it does not respect these principles now when it counts. . . . Going forward, it will be increasingly difficult to separate economic issues from broader considerations of national interest, including national security. The world’s attitude towards China and its willingness to embrace further economic integration may well be affected by China’s reaction to our call for resolute action on Russia.”

Comment: To anyone not going along—you’re next.

Once again, this next quote suggests that the West will use force, if necessary, to colonize countries that possess key raw materials. I’m aghast. As Boyd observes, the US will not reindustrialize, but it may well coerce the manufacturing sectors in other countries. This is predation on a global scale.

Yellen: “We need to modernize the multilateral approach we have used to build trade integration. Our objective should be to achieve free but secure trade. We cannot allow countries to use their market position in key raw materials, technologies, or products to have the power to disrupt our economy or exercise unwanted geopolitical leverage. Let’s build on and deepen economic integration and the efficiencies it brings . . . and let’s do it with the countries we know we can count on. Favoring the ‘friend-shoring’ of supply chains to a large number of trusted countries, so we can continue to securely extend market access, will lower the risk to our economy as well as our trusted trade partners.”

Comment: We have no intention of reindustrializing the United States. In fact, we know our policies are destroying that potential forever. We intend a new colonial regime in which subject countries who agree with us provide our products. This is called “friend-shoring” rather than “off-shoring.”

The rest of Yellen’s speech is devoted to the simple fact that the globalists have utterly failed to mobilize the vast developing sector of the world behind their bailout, austerity, and population-killing climate boondoggle. Their proposed new colonialism requires that at least some of these countries drink the Kool-Aid. So, she admits the obvious: that the 2008-2009 financial crash inflicted “permanent damage” which the IMF”s longstanding austerity regimes only worsened. She vows an “equitable” revamp, soliciting private capital to build infrastructure and “sustainable” (actually primitive) development, while buttressing the world health infrastructure against future pandemics. In reality, this is the “allied” response to China’s infrastructure and other development initiatives—a response the present allies have neither the intention nor the physical economic capacity to make.

There is a solution to this madness. It consists of ending this lunatic war right now. It consists of abolishing the Federal Reserve and all U.S. government ties to the globalist financial oligarchy, and establishing a Third National Bank of the United States to fund an industrial and scientific renaissance here. It involves our military targeting the terrorist organizations which are the drug cartels, rather than duly elected “autocrats.” It involves rescuing the future for our children—supporting population growth and stable families while educating our children in the profound ideas of classical culture and the scientific traditions which flow from and provoke our uniquely human creativity. It involves winning the 2022 and 2024 elections with these imperatives in the forefront.