This page has been archived and commenting is disabled.
Warren Pollock On Paul Volcker, Brown Brothers Harriman And Other Topics
The always informative Warren Pollock has put together a very useful clip on former Fed Chairman Paul Volcker (who, as we discussed recently, had some scathing words for not only the existing TBTF infrastructure, but for Goldman Sachs itself). Recommended watching.
- 5997 reads
- Printer-friendly version
- Send to friend
- advertisements -


Paul Volcker = Window Dressing...
'Tis a shame he hasn't gone rogue and started denouncing the Financial Industrial Complex, perhaps they have some nasty dirt on him or his family :/
On Charlie Rose tonight FWIW.
I can't handle the truth. I want my CNBC...
brown brothers harriman is the same firm which
financed hitler and was discovered with bloody
hands by the roosevelt administration but deals
were made to cover it up partly because the
banksters threatenend to stop funding roosevelt's
war effort....so in typical fashion the banksters
were funding both sides of the war just as they
fund both republicans and democrats....
and of course prescott bush of the famous bush
crime syndicate was in the lead funneling the
money to hitler at brown brothers...even the nyt
documented some of this but it was wiped in
typical mob fashion....
the continuity of corrupt leadership still
abides in that evil firm through the very same
bush mafia....
fuck brown brothers and their nazi nwo agenda...
Gotta throw the Warburgs under the bus as well.
They were financing both sides of the war.
and rockefeller's standard of nj in a menage a trois with
with ig farben and read dillon....
fuck the rockefellers
The Rockefeller family figures in so much: major shareholder at JP Morgan, the bank which gave us the Credit Default Swap, the BISTRO and the updated version of the CDO. Also had a Rockefeller family member as director for the longest time. Next Citi, which gave us the SIV, again with a Rockefeller family member for the longest time and the Rockefeller family as the largest shareholder. Then all those meddling Rockefeller foundations (going by a variety of names, including the Markle Foundation).
Has every member of the Rockefeller family been briefed by the CIA today?????
At the risk of spamming this bio into a second thread in two nights, I can't resist the connection... (bold emphasis added):
Volcker was born on September 1927 in Cape May, New Jersey. He earned a bachelor of arts degree, summa cum laude, from Princeton in 1949, and a master of arts degree in political economy and government from the Harvard University Graduate School of Public Administration in 1951. Research assistant in the research department of the New York Fed during the summers of 1949 and 1950. Rockefeller Foundation vice-chair Robert Vincent Roosa was his mentor there, and Paul Volcker became part of his 'Brain trust', or 'Roosa bloc' in the following years. From 1951 to 1952, he was Rotary Foundation Fellow at the London School of Economics (Rotary International and the Lions Clubs are still seen today by some as the most important recruiting centers for the Masonic movement). He returned to the New York Fed as an economist in the research department in 1952, and special assistant in the securities department from 1955 to 1957. Financial economist at Chase Manhattan Bank 1957-1961. Director of the Office of Financial Analysis at the Treasury 1962-1963. Deputy Undersecretary for Monetary Affairs at the Treasury 1963-1965. Rejoined Chase Manhattan as vice president and director of forward planning 1965-1968. Undersecretary of the Treasury for Monetary Affairs 1969-1974. Senior fellow at the Woodrow Wilson School of Public and International Affairs at Princeton University for the 1974-1975 academic year. Director Council on Foreign Relations 1975-1979 & 1988. President Federal Reserve Bank of New York 1975-1979. On July 26, 1979 the New York Times stated: "David Rockefeller, the chairman of Chase, and Mr. Roosa were strong influences in the Mr. Carter decision to name Mr. Volcker for the Reserve Board chairmanship." Chairman Federal Reserve System 1979-1987. Identified by BND officer Hans Langemann as a person who attended the December 1, 1979 meeting of Le Cercle in the Madison Hotel in Washington. Others that attended the meeting were the German Karl-Heinz Narjes (Bundestag; soon went to the ECC), William Colby (the recently retired CIA director at the time), Ed Feulner (president of the Heritage Foundation), Julian Amery (later chairman of Le Cercle; Privy Councillor; father was one of the closest Rothschild allies in building up Israel), and Jean Violet (French intelligence officer; Habsburg employee; Le Cercle co-founder and chairman; Fascist militant before WWII). Volcker became a member of the advisory board of Power Corporation in 1988 and is a friend to Canadian Paul G. Desmarais, Sr., a Privy Councillor and controlling shareholder of Power Corporation since 1968 (Desmarais and the Belgian Albert Frère jointly own about half of the major industries in France and Belgium, including Suez, Société Générale, Total, Imerys, and Groupe Bruxelles Lambert). Director of Prudential Insurance 1988-2000. Chairman of Wolfensohn & Co. in New York 1988-1996. North American chairman of the Trilateral Commission 1991-2001. Chairman of the newly created J. Rothschild, Wolfensohn & Company from March 1992 to 1995, Wolfensohn & Co.'s London-based joint venture. Visited Bilderberg in 1997. Attended meetings of the Ditchley Foundation and has chaired some of them. Advisor to the Japan Society and the International House. Member of the advisory board of Hollinger, together with Henry Kissinger, Richard Perle, and Zbigniew Brzezinski. Director of UAL Corporation, Bankers Trust New York Corporation, and Nestle, S.A. Director United States/Hong Kong Economic Cooperation Committee. Public member of the Board of Governors of the American Stock Exchange American Stock Exchange. Honorary trustee of the Aspen Institute. American Council on Germany, and the American Assembly. Co-chairman of the advisory board of Leadership Forum International and a principal of the Council for Excellence in Government. Member Circle of Presidents RAND Corporation, which means he has donated at least tens of thousands of dollars if not millions. Trustee International Accounting Standards Committee. Honorary chairman Financial Services Volunteer Corps, a firm founded by Cyrus Vance and John C. Whitehead in 1990. Honorary chairman Committee to Encourage Corporate Philanthropy. Chairman Independent Inquiry Committee into the Oil-For-Food program, which also employed Rockefeller’s granddaughter, attorney Miranda Duncan. Chairman board of trustees Group of Thirty (2005). Paul Volcker is a visitor of the Bohemian Grove camp Mandalay. Director of the United Nations Association of the United States of America 2000-2004. Director of the Fund for Independence in Journalism. Wrote the foreword of George Soros' 2003 book 'The Alchemy of Finance'. Director of the Institute for International Economics, Washington, headed by Peter G. Peterson. Other directors of the institute are Maurice R. Greenberg and David Rockefeller. Trustee of the American Assembly anno 2005, together with Admiral Bobby Ray Inman (former NSA head; director SAIC; Bohemian Grove; CFR; Trilateral Commission), David Gergen (Bohemian Grove; CFR; Trilateral Commission), and Frank A. Weil (governor Atlantic Institute; CFR). The American Assembly is sponsored by the Carnegie Corporation.
bush was in new york friday, sept 14, 3 days after the attacks (vs "more than a week after," as this guy claims)
3 days, 3 years who gives a flip?
bush was there to see what damage his dad's
operation had on the wtc and to make sure that
the enron records stored in wtc 7 were duly
destroyed in the controlled demolition executed
by us intelligence using military grade nanothermite
developed at skandia labs in early 2000.....
the foul murdering piece of shit was smirking
while reading goat stories after he was informed
of the event and no doubt had a good back slapping
guffaw with his brother neil who managed to
get the insurance on the buildings a week
before they went under....
fuck the bush crime syndicate
Conspiracy hyperdrive here.
W's other brother was head of the security company for the WTC until a week before the attack. Over the weeknd before the attacks all the power (including alams and electric locks) was turned off for "workmen".
I don't know what to believe. Lots of coinicidences though.
http://www.populist.com/03.02.burns.html
no coincidence....the power was turned off to
enable the final setup of the demolition
charges of nanothermite....
an "elevator upgrade project" had been in progress
for numerous weeks and was the cover for
intelligence agents getting access to the
structural parts of the towers....
and of course certain key companies were
advised to stay out of the buildings the
day of the demolition....
I stand corrected... I remember asking where was he..
At the time I had an office on 100 Wall.
Finally, at last, we’ve heard the last we need to hear from former Fed chairman Paul Volcker. Here’s the quote paraphrased by Pollock: “In a balanced world, basically all labor is created equal so we can see under this course tremendous downward inflationary pressure on U.S. wages—at least that is the solution that Paul Volcker envisions.”
Translation: the Pilgrims’ quest for a better life, the struggle against the Frontier, the unprecedented rules protecting liberty, the innovations and investments for the industrial revolution, the expanding opportunities for American labor, and John Winthrop’s “city upon a hill” can be exchanged for the teeming swamps of the world for the benefit of Volcker’s pals, the Plantation owners.
In short, it was a nice try on former Fed Chairman Paul Volcker, but we remember him differently. His banking cartel operation came right out of the Fed’s Bailout Manuel.
And what is never said regarding Volcker as Fed chair is that when he raised the interest rates above 20% in the early 1980s after the Carter era, he broke the Biblical law of usury in America. Since then, America has reaped the usury whirlwind.
In 1984, while defending his fleecing of the American taxpayer for his whopper bailout of Continental Illinois, Volcker told the Senate Banking Committee: “The (bailout) operation is the most basic function of the Federal Reserve. It was why it was founded.”
How true. The Fed’s mantle of “lender of last resort” means if loans go sour within the Fed fraternity, the money is eventually extracted through the hidden tax called inflation or bailout. That’s why the Fed was created – to manufacture whatever amount of money might be necessary to cover the losses of the cartel.
And while Volcker was giving the nation’s insolvent seventh largest bank a free ride, he allowed to fold the tiny Bledsoe County Bank of Pikeville, Tennessee, and the Planters Trust and Savings Bank of Opelousas, Louisiana. During the first half of that year, 43 smaller banks failed without an FDIC bailout.
Other big bailouts also occurred in that era of go-go bankers when earnings were vastly increased by self dealing and by reducing safety margins, including taking on risky loans and speculating in the securities markets. When First Pennsylvania Bank required bailout in 1980, Fed Chair Volcker said he planned to continue funding indefinitely until we…work out a merger or a bailout… [Irvine H. Sprague, “Bailout: An Insider’s Account of Bank Failures and Rescues” 1986]
The usual suspect big bankers went to Washington, then as now, to work out advantageous bailouts for Continental and for First Penn, arguing, as did Volcker, that familiar Fed refrain of “critical to preservation of world economic stability.”
And lest we forget, it was Volcker who excelled Greenspan in enigmatic speech, whose testimony before Congress was shrouded in gobbledygook. Said columnist Jack Anderson on July 9, 1984, of Volcker’s meeting with high Treasury officials: “One of them, asked if he could recall anything Volcker had said during the high-level meetings, thought a moment and replied, ‘I can’t remember anything he said that I understood.’”
Déjà vu, n’est-ce pas?
thank you for laying bare the crapulence behind
this discarded phallic foreskin of a fart...
and we should recall that the recovery in stocks
only occurred because the mexicans were about
default - again - on some debt and that the
fed ran in to support the peso by loosening
the dollar - et voila - a stock market rally
which lasted nearly 25 years....
I'm tired of watching Warren Pollock. Feeble analysis of a complex situation. Watched this video hoping for some insights and came away empty-handed.
Oh, and yeah, Jimmy Carter is a hero for walking into 3-Mile Island while Bush was a wimp for waiting a week to get to NYC after 9-11. RIIIIIIIGGGGHHHTT.
Get off stage! You suck.
pollack has forgotten more than you know....
you suck even more....
other topics? you mean Martin Armstrong as that's the only other topic discussed.
we're curious...why the diss?
just like that somewhere in April,
MA became persona non grata at ZH.
please explain dear Tyler(s).
if nothing else, the man knows his economic history,
maybe better than anyone alive today.
PLEASE watch the Charlie Rose interview....at least the first five minutes. Hear what Paul says.
Criminal enterprises depend on deflating labor. This sellout bailout MIHOP LIHOP is an inside job on a fiscal, political and most importantly a spiritual level. Look, how the hell did Israel even become a nation again? It's called counter intelligence on a human level and that fact is defined by the prophetic strong delusion. ZERO INTEREST is an inversion liken to Babylon when the writing on the wall defined the ''found wanting'' principle of the inversion. This inversion is prophetically defined now and we are in the time of the fulfillment of the 666 Citi Bank of Babylon. In case you do not understand that, look to King Solomon's 666 units of measure worth of his yearly gold standard or tribute surplus. We have no such foundation, we have the wine of wrath in the cup of fornication, meaning, the drunken whores in this new world order scheme have aborted labor for the Great Wal Mart of China. The H1N1 flying pig is seeking the RFID clampdown at the same time the Iran Israeli show is poised for the final October surprise. They may delay it but, it's coming and the aftermath defines the contingencies now set in place for the new 911 emergency solution. Just look at the Atlantic Council nut balls, they are clamoring for all this. You will not be able to move without your RFID, you will not be able to buy, sell or trade without the name and number of a man. That means your personal ear mark slave tag. This exists now to a large degree but it's going to be much more pathetic and real once the shit hits the fan again and everything is in place for that to happen.