SAME OLD FAMILIES, BARELY A SWITCH OR A SWAP SINCE AMERICA'S FOUNDING.
WITH ROOTS IN EUROPE, THE OLD "MONEY TREE" HAS SPREAD ITS BRANCHES TO AMERICA AND ALL ACROSS THE GLOBE.
THEY KNOW HOW TO WEATHER ANY FINANCIAL STORM BECAUSE THEY ARE IN THE BUSINESS OF CREATING FINANCIAL STORMS...ECONOMIC CATASTROPHES, DEPRESSIONS, MARKET FAILURES, THE RUIN OF COMPANIES, THE THEFT OF ENTIRE NATIONS' NATURAL RESOURCES, AND THE TAKEOVER OF THE ELECTED OFFICIALS (i.e. GOVERNMENTS) OF OUR NATION AND THOSE OF OTHER COUNTRIES.
THEY ARE THE PUPPET-MASTERS, AND THEY PULL ALL THE STRINGS.
MONEY IS POWER, THE WORLD OVER.
ACCEPT IT, OR DON'T.
THIS IS LIFE IN "AMERICA, INCORPORATED".
The Surprising Benefits of the Great Depression
Jul 13, 2012
"Surveys conducted by the National Research Council show RESEARCH & DEVELOPMENT employment increasing to 10,918 workers in 1933, from 6,274 in 1927 -- despite four of the worst years of the Depression.
In 1940, after seven years of double-digit unemployment, that number stood at 27,777. Data on spending and on the number of labs established paint a similar picture, indicative of the wide range of technological opportunities ripe for exploitation at the time.
The second development was the government-funded construction of the surface road network.
The U.S. produced more than 4 million passenger vehicles in 1929, a level of production not reached again for 20 years. The growth of vehicle registrations outran the capabilities of the infrastructure.
A strong political coalition pressed for better roads
The country then started building or improving streets, highways, bridges and tunnels.
Just looking at the data for such expenditures, it’s hard to tell the country had a depression.
(There were moderate declines in spending, relative to the late 1920s, in 1933, 1934 and 1935.)
By 1941, the U.S. route system was complete, and, because of its growth, productivity in transportation as well as wholesale and retail distribution had risen dramatically.
Finally, some businesses, notably the railroads, underwent significant rationalization and standardization during the Great Depression.
Developing uniform procedures and tariffs governing interline transactions allowed huge efficiency gains in the 1930s. The number of employees, locomotives, freight cars and passenger cars each dropped by between a quarter and a third from 1929 to 1941.
Yet revenue freight ton-miles in 1941 were slightly higher than in 1929, and passenger miles were almost as high. These ratios translated into significant productivity gains.
The effect of these three developments?
Real output in 1941 was 33 percent to 40 percent higher than it had been in 1929 (depending on what output measures are used).
Yet private-sector labor hours and physical capital inputs had hardly grown.
All of the increases in output can be attributed to what we call total productivity growth, a measure of technological and organizational progress in this truly extraordinary period."
Both anecdotal and empirical evidence support the case that
advertising was the main factor in the growth or downfall of companies
during those years.
To put it bluntly, the companies whichdemonstrated the most growth
and which rang up the most sales were those which advertised heavily.
The Great Depression offers classicexamples of the power of brand
advertising even during times of economic crisis.
[CONTROL THE MEDIA, CONTROL THE MINDS!]
AND SOME OF THE BIG WINNERS BY ADVERTISING WERE...
~Proctor and Gamble - This is a company which has a philosophy of not
reducing advertising budgets during times of recession and they
certainly did not make any such reduction during the Depression. P&G
has made progress in every one of the major recessions and that is no
accident. When their competitors were swinging the budget axe, P&G
actually increased their spending. While the Depression caused
problems for many, P&G came out of it unscathed. Radio took P&G's
message into more homes than ever.
~Chevrolet - During the 1920s, Fords were outselling Chevrolets by 10
to 1. In spite of the Depression, Chevrolet continued to expand its
advertising budget and by 1931, the "Chevy 6" took the lead in its
field and remained there for the next five years.
~Camel Cigarettes - in 1920 Camel was the top selling tobacco product.
American Tobacco Company then struck back with the Lucky Strike brand
and by 1929 Lucky had overtaken Camel as the number one brand. Two
years later in the heart of the Depression, Chesterfield also overtook
Camel. Camel countered with a massive increase in advertising
spending and by doing so demonstrated the power of advertising during
depressed times. By 1935, it was back on top.
Now, these examples count as anecdotal. But in addition to these
examples, studies have demonstrated that during times of recession,
companies that maintain advertising during these periods experience
higher sales and profits during the downturns and afterward than
companies who cut their advertising budgets.
It was also the very nature of this advertising that spurred the
growth of two other industries during the Depression. The first of
which was radio broadcasting.
THE TOP 15
WHAT OTHER BUSINESSES PROSPERED DURING THE GREAT DEPRESSION?
I FOUND WHAT IS ASSUMED TO BE THE TOP 15.
1- MOVIE MAKERS AND THEATERS, BELIEVE IT OR NOT.
HOLLYWOOD SAW THAT AMERICA NEEDED AN ESCAPE FROM REALITY AND PROVIDED IT IN THE FORM OF MOVIES.
DOESN'T THAT CONTINUE TODAY?
2- THE COMPANIES THAT PROVIDED ELECTRICITY.
THIS ALSO PROVIDED A BOOMING BUSINESS FOR MANUFACTURERS OF PRODUCTS THAT GAVE AMERICAN HOMES ELECTRICITY....MANUFACTURERS OF ELECTRICAL CABLES, SWITCHES, BULBS, ETC.
3- THE AIRLINES COMPANIES, ANOTHER "BELIEVE-IT-OR-NOT".
THE RICH WANTED TO GET AWAY FROM IT ALL.
MANUFACTURERS WANTED TO GET PRODUCTS ACROSS THE COUNTRY FASTER.
EVEN THE WAY WE COMMUNICATED MORE QUICKLY WAS LINKED TO AIRLINES.
4- CONSTRUCTION...THANKS TO GOVERNMENT PROGRAMS AND THOSE "NEW DEAL" LOW INTEREST RATES.
5- MUNITIONS MANUFACTURERS. EUROPE AND THE U.S. HAD TO RE-ARM .
6- MINING COMPANIES, ESPECIALLY THOSE WHO MINED FOR GOLD.
7- MANY GROCERY CHAINS/STORES LAUNCHED AND FLOURISHED IN THE GREAT DEPRESSION. PEOPLE STILL NEEDED TO EAT.
COMPANIES THAT SUPPLIED GROCERY STORES ALSO THRIVED.
OCEAN SPRAY CRANBERRY COMPANY CAME OUT OF THE DEPRESSION.
8- THE YELLOW PAGES AND OTHER ADVERTISING FIRMS!
ADVERTISING PAID THOSE WHO COULD AFFORD IT.
9- THE PHONE COMPANIES.
STANDS TO REASON AS AMERICA NEEDED TO FIND OUT WHAT WAS GOING ON AS QUICKLY AS POSSIBLE.
10- CHEMICAL COMPANIES, ESPECIALLY PETROCHEMICALS COMPANIES.
11- CANNING COMPANIES. TIN CANS REPLACED HOME CANNING.
12- THE IRON AND STEEL INDUSTRIES. EUROPE AND AMERICA WERE ON A BUILDING FRENZY.
13- MANUFACTURERS OF ENGINES AND ENGINE PARTS. THE WORLD WAS IN HIGH GEAR FOR INDUSTRIALIZATION.
14- TOBACCO COMPANIES. IT WAS "COOL" TO SMOKE BACK THEN BUT TOBACCO FARMERS WERE SOME OF THE HARDEST HIT. THEY HAD TO SELL CHEAPLY.
15- OIL COMPANIES, BOTH FOR HOMES (HEATING/COOKING) AND FOR THE TRANSPORTATION INDUSTRY. PEOPLE WERE GOING PLACES AND NEEDED GASOLINE AND OIL.
LET'S LOOK AT A FEW NAMES THAT CONTROLLED THESE INDUSTRIES:
OLD NAMES, FAMILIAR NAMES.
WHO CONTROLS THE FINANCIAL WORLD TODAY?
EIGHT FAMILIES...JUST 8.
~the Goldman Sachs,
~ the Rothschilds of Paris and London;
~the Warburgs of Hamburg;
~the Lazards of Paris;
~and the Israel Moses Seifs of Rome.
The Federal Reserve Cartel: The Eight Families
<<According to company 10K filings to the SEC, the Four Horsemen of Banking are among the top ten stock holders of virtually every Fortune 500 corporation.
So who then are the stockholders in these money center banks?
This information is guarded much more closely.
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. This is rather ironic, since many of the bank’s stockholders reside in Europe.
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. A recent US Trust Corporate Director and Honorary Trustee was Walter Rothschild. Other directors included Daniel Davison of JP Morgan Chase, Richard Tucker of Exxon Mobil, Daniel Roberts of Citigroup and Marshall Schwartz of Morgan Stanley.
J. W. McCallister, an oil industry insider with House of Saud connections, wrote in The Grim Reaper that information he acquired from Saudi bankers cited 80% ownership of the New York Federal Reserve Bank- by far the most powerful Fed branch- by just eight families, four of which reside in the US.
SAME 8 NAMES!!!
They are the Goldman Sachs, Rockefellers, Lehmans and Kuhn Loebs of New York; the Rothschilds of Paris and London; the Warburgs of Hamburg; the Lazards of Paris; and the Israel Moses Seifs of Rome.
CPA Thomas D. Schauf corroborates McCallister’s claims, adding that ten banks control all twelve Federal Reserve Bank branches.
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.
Schauf lists William Rockefeller, Paul Warburg, Jacob Schiff and James Stillman as individuals who own large shares of the Fed.  The Schiffs are insiders at Kuhn Loeb. The Stillmans are Citigroup insiders, who married into the Rockefeller clan at the turn of the century.
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.
The control that these banking families exert over the global economy cannot be overstated and is quite intentionally shrouded in secrecy.
Their corporate media arm is quick to discredit any information exposing this private central banking cartel as “conspiracy theory”.
Yet the facts remain.
The Federal Reserve Bank was born in 1913, the same year U.S. banking scion J. Pierpont Morgan died and the Rockefeller Foundation was formed.
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.
Peabody was a business associate of the Rothschilds.
In 1952 Fed researcher Eustace Mullins put forth the supposition that the Morgans were nothing more than Rothschild agents. Mullins wrote that the Rothschilds, “…preferred to operate anonymously in the US behind the facade of J.P. Morgan & Company”.
The House of Morgan catered to the Astors, DuPonts, Guggenheims, Vanderbilts and Rockefellers.
It financed the launch of AT&T, General Motors, General Electric and DuPont. Like the London-based Rothschild and Barings banks, Morgan became part of the power structure in many countries.
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 recession in 1893 enhanced Morgan’s power.
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.
In 1903 Banker’s Trust was set up by the Eight Families.
Benjamin Strong of Banker’s Trust was the first Governor of the New York Federal Reserve Bank.
The 1913 creation of the Fed fused the power of the Eight Families to the military and diplomatic might of the US government.
If their overseas loans went unpaid, the oligarchs could now deploy U.S. Marines to collect the debts.
Morgan, Chase and Citibank formed an international lending syndicate.
In 1912, the Pujo hearings were held, addressing concentration of power on Wall Street. 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.
Judge Louis Brandeis convinced President Woodrow Wilson to call for an end to interlocking board directorates.
In 1914 the Clayton Anti-Trust Act was passed.
Jack Morgan – J. Pierpont’s son and successor – responded by calling on Morgan clients Remington and Winchester to increase arms production.
He argued that the U.S. needed to enter WWI.
Goaded by the Carnegie Foundation and other oligarchy fronts, Wilson accommodated.
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.
All were Morgan clients. Morgan also financed the British Boer War in South Africa and the Franco-Prussian War.
The 1919 Paris Peace Conference was presided over by Morgan, which led both German and Allied reconstruction efforts.
In the 1930’s populism resurfaced in America after Goldman Sachs, Lehman Bank and others profited from the Crash of 1929.
House Banking Committee Chairman Louis McFadden (D-NY) said of the Great Depression, “It was no accident. It was a carefully contrived occurrence…The international bankers sought to bring about a condition of despair here so they might emerge as rulers of us all”.
Sen. Gerald Nye (D-ND) chaired a munitions investigation in 1936.
Nye concluded that the House of Morgan had plunged the US into WWI to protect loans and create a booming arms industry.
Nye later produced a document titled The Next War, which cynically referred to “the old goddess of democracy trick”, through which Japan could be used to lure the US into WWII.
In 1937 Interior Secretary Harold Ickes warned of the influence of “America’s 60 Families”.
Historian Ferdinand Lundberg later penned a book of the exact same title. Supreme
Court Justice William O. Douglas decried, “Morgan influence…the most pernicious one in industry and finance today.”
Jack Morgan responded by nudging the US towards WWII.
HOUSE OF MORGAN WANTED A SECOND WORLD WAR!
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.
When Japan invaded Manchuria, slaughtering Chinese peasants at Nanking, Morgan downplayed the incident.
Morgan also had close relations with Italian fascist Benito Mussolini, while German Nazi Dr. Hjalmer Schacht was a Morgan Bank liaison during WWII.
After the war Morgan representatives met with Schacht at the Bank of International Settlements (BIS) in Basel, Switzerland.
BIS is the most powerful bank in the world, a global central bank for the Eight Families who control the private central banks of almost all Western and developing nations.
The first President of BIS was Rockefeller banker Gates McGarrah- an official at Chase Manhattan and the Federal Reserve.
McGarrah was the grandfather of former CIA director Richard Helms.
The Rockefellers- like the Morgans- had close ties to London. David Icke writes in "Children of the Matrix", that the Rockefellers and Morgans were just “gofers” for the European Rothschilds.
BIS is owned by the Federal Reserve, Bank of England, Bank of Italy, Bank of Canada, Swiss National Bank, Nederlandsche Bank, Bundesbank and Bank of France.
WHO OWNS THOSE BANKS?
SOMEONE OWNS THEM....WHO???
"THE MAGIC 8"
Historian Carroll Quigley wrote in his epic book "Tragedy and Hope" that BIS was part of a plan, “to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole…to be controlled in a feudalistic fashion by the central banks of the world acting in concert by secret agreements.”
It is no coincidence that BIS is headquartered in Switzerland, favorite hiding place for the wealth of the global aristocracy .
Other institutions which the Eight Families control include the World Economic Forum, the International Monetary Conference and the World Trade Organization.Bretton Woods was a boon to the Eight Families.
The IMF and World Bank were central to this “new world order”.
In 1944 the first World Bank bonds were floated by Morgan Stanley and First Boston.
The French Lazard family became more involved in House of Morgan interests.
Lazard Freres- France’s biggest investment bank- is owned by the Lazard and David-Weill families- old Genoese banking scions represented by Michelle Davive.
A recent Chairman and CEO of Citigroup was Sanford Weill.
In 1968 Morgan Guaranty launched Euro-Clear, a Brussels-based bank clearing system for Eurodollar securities.
It was the first such automated endeavor.
Some took to calling Euro-Clear “The Beast”.
Brussels serves as headquarters for the new European Central Bank and for NATO.
John D. Rockefeller used his oil wealth to acquire Equitable Trust, which had gobbled up several large banks and corporations by the 1920’s.
The Great Depression helped consolidate Rockefeller’s power.
His Chase Bank merged with Kuhn Loeb’s Manhattan Bank to form Chase Manhattan, cementing a long-time family relationship.
The Kuhn-Loeb’s had financed – along with Rothschilds – Rockefeller’s quest to become king of the oil patch.
National City Bank of Cleveland provided John D. with the money needed to embark upon his monopolization of the US oil industry.
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.
One Rockefeller Standard Oil partner was Edward Harkness, whose family came to control Chemical Bank.
Another was James Stillman, whose family controlled Manufacturers Hanover Trust.
Both banks have merged under the JP Morgan Chase umbrella.
Two of James Stillman’s daughters married two of William Rockefeller’s sons.
The two families control a big chunk of Citigroup as well.
In the insurance business, the Rockefellers control Metropolitan Life, Equitable Life, Prudential and New York Life.
Rockefeller banks control 25% of all assets of the 50 largest US commercial banks and 30% of all assets of the 50 largest insurance companies.
Companies under Rockefeller control include Exxon Mobil, Chevron Texaco, BP Amoco, Marathon Oil, Freeport McMoran, Quaker Oats, ASARCO, United, Delta, Northwest, ITT, International Harvester, Xerox, Boeing, Westinghouse, Hewlett-Packard, Honeywell, International Paper, Pfizer, Motorola, Monsanto, Union Carbide and General Foods.
The Rockefeller Foundation has close financial ties to both Ford and Carnegie Foundations.
Other family philanthropic endeavors include Rockefeller Brothers Fund, Rockefeller Institute for Medical Research, General Education Board, Rockefeller University and the University of Chicago- which churns out a steady stream of far right economists as apologists for international capital, including Milton Friedman.
The family owns 30 Rockefeller Plaza, where the national Christmas tree is lighted every year, and Rockefeller Center.
David Rockefeller was instrumental in the construction of the World Trade Center towers.
The Dulles and Rockefeller families are cousins.
Allen Dulles created the CIA, [IS RUMORED TO HAVE...] assisted the Nazis, covered up the Kennedy hit from his Warren Commission perch and struck a deal with the Muslim Brotherhood to create mind-controlled assassins. "
WHO PROSPERED FROM THE FINANCIAL COLLAPSE OF AMERICA, BOTH IN 1930s AND IN THE EARLY-2000s?
SAME FAMILIES, SAME BANKS, SAME BUNCH.
WHO WOULD PROSPER MOST FROM ANOTHER COLLAPSE?
THOSE WHO ARE "UNSINKABLE"...
THINK ABOUT IT...
Notes for the above article:
 10K Filings of Fortune 500 Corporations to SEC. 3-91
 10K Filing of US Trust Corporation to SEC. 6-28-95
 “The Federal Reserve ‘Fed Up’. Thomas Schauf. www.davidicke.com 1-02
 The Secrets of the Federal Reserve. Eustace Mullins. Bankers Research Institute. Staunton, VA. 1983. p.179
 Ibid. p.53
 The Triumph of Conservatism. Gabriel Kolko. MacMillan and Company New York. 1963. p.142
 The House of Morgan. Ron Chernow. Atlantic Monthly Press NewYork 1990
 Marrs. p.57
 Democracy for the Few. Michael Parenti. St. Martin’s Press. New York. 1977. p.178
 The Great Crash of 1929. John Kenneth Galbraith. Houghton, Mifflin Company. Boston. 1979. p.148
 Children of the Matrix. David Icke. Bridge of Love. Scottsdale, AZ. 2000
 The Confidence Game: How Un-Elected Central Bankers are Governing the Changed World Economy. Steven Solomon. Simon & Schuster. New York. 1995. p.112
 Marrs. p.180
 Ibid. p.45
 The Money Lenders: The People and Politics of the World Banking Crisis. Anthony Sampson. Penguin Books. New York. 1981
 The Rockefeller File. Gary Allen. ’76 Press. Seal Beach, CA. 1977
 Dope Inc.: The Book That Drove Kissinger Crazy. Editors of Executive Intelligence Review. Washington, DC. 1992
 The Rockefeller Syndrome. Ferdinand Lundberg. Lyle Stuart Inc. Secaucus, NJ. 1975. p.296
 Marrs. p.53
OTHER SOURCES FOR THE ABOVE: