Monday, November 24, 2008

A Wolf Pack runs our money.

[Originally posted on iTulip.com, to describe the nature of the Money Masters, aka Banksters.]

I suspect that a key organizing element of the Money Masters (and other such power brokers) is the tribe, the family (as in the Mafia), the team, the wolf pack, ...

A small group of like minded men, long used to working together and sharing much common background and viewpoints, but with flexible boundaries as people come and go over time and a definite sense of who is similar minded and can be trusted.

Within that group, some will have more power than others, and if push comes to shove, one man likely makes the call. But these are strong men, used to being in charge of major organizations and imposing their will. They are not underling staff who have to check with their Boss on every detail. There appears to be some definite picking and choosing of good future prospects, grooming and facilitating their development up the ranks.

Consider for example Timothy Geithner, who is Obama's choice for Secretary of Treasury, to replace Hank Paulson. Quoting from The Weekly Report by Mick P:
What of the US Treasury Secretary nominee Mr Geithner? Currently serving as the 9th President of the New York Fed, has he come from a background that would bring change? After he finished an MA in Failed Keynesian based International Economics he went to work for Henry "King maker" Kissinger at Kissinger and Associates in Washington, followed by a stint at the US Treasury, culminating as Under Secretary of the Treasury for International Affairs until 2002.

He then moved onto the Council on Foreign Relations joining the International Economics department before being appointed to his current role in 2003, becoming the Vice Chairman of the Federal Open Market Committee as well as the President of the New York Fed. He is also the Chairman of the committee on Payment and Settlement Systems with the Bank for International Settlements.

Not bad for a man who is only 47 years old. He's one of the trusted Money Masters, or as they seem to be called here at iTulip, the Banksters.

Geithner also played important roles in the takeover of Bear Stearns by JPMorgan, and in the decision to let Lehman Brothers collapse. I suspect that these two events accelerated the Panic of 2008, which in turn improved Obama's victory margin. However my further tin foil hat "old fart republican rumblings" (to borrow friendly_jacek's nice turn of phrase to describe another post of mine) on that turn of events would be inappropriate to discuss in this forum.

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