Post

🅰pocalypsis 🅰pocalypseos 🇷🇺 🇨🇳 🅉

@apocalypseos

May 18, 2021 • 50 tweets • 19 min read • Read on X

Scrolly

The armed conflict in Israel today, which threatens to become World War III, is the continuation of almost a century of British-staged armed conflict between Arab and Jew that dates back to the Nebi Musa riots of 1920.

Jabotinsky & Chaim Weizmann were both witting champions of the British Empire — instruments of Lord Alfred Milner and Leo Amery — the final authors of the Balfour Declaration, who craftily used them to secure British rule over Palestine as part of the 1916 Sykes-Picot agreements.

The British also created and controlled the leaders of Arab nationalist movements. They owned Haj Amin al-Husseini, a young radical, funded his religious network and social organizations, and created the post of Grand Mufti of Jerusalem for him.

Nebi Musa riots lasted several days. 5 Jews & 4 Arabs were killed, 216 Jews & 23 Arabs were wounded. Jabotinsky & Husseini were made public heroes by their British controllers. The die was cast, but the stage for the conflict had already been set decades before.

#Palestine had been a necessary imperial target of acquisition for consolidation of the Empire for more than half a century before Sykes-Picot agreements, dating back to the 1830s and the efforts of Lord Shaftsbury and Lord Palmerston, master of cultural and political warfare.

Shaftsbury was a Christian Zionist & British Israelite, who believed that Jews must return to Zion before there could be the second coming of Christ. He opposed Jewish civil emancipation in England, was anti-Semitic but believed it was Britain’s destiny to establish Zion.

Palmerston offered Sultan of Turkey British help in putting down an 1838 Arab revolt in Greater Syria. In return, Britain was given the right to establish a vice-consulate in Jerusalem — beachhead for the Empire. British decided to use a fledgling Zionist movement as their proxy.

The opening of the Suez Canal in 1869 massively increased efficiency & shortened time of travel, putting an even higher premium on Britain’s securing a base of operations in Palestine, as a northern defense of the canal.

One of Britain’s motives in starting WWI was to finally secure Palestine with Sykes-Picot and the breakup of the Ottoman Empire. No longer would the British have to entreat the Turks to accept the Jewish immigrants, which in British eyes were only surrogates for their empire.

Jabotinsky was a wholly owned and created asset of the British Empire, controlled by a political network led by Leo Amery, who became Britain’s most prominent Imperial spokesman and political organizer. Amery’s circle included Cecil Rhodes and Alfred Milner.

https://twitter.com/apocalypseos/status/1302846519142305793

Amery’s vision was that of Rhodes. The British plan to dismember the US in Civil War had failed bitterly. Rhodes, a rabid British race imperialist, had amassed his fortune through the exploration and mining of gold in Africa.

https://twitter.com/apocalypseos/status/1302846519142305793

Rhodes wanted the “establishment, promotion & development of a Secret Society, the true aim & object whereof shall be for extension of British rule throughout the world, perfecting of a system of emigration from the UK, and of colonisation by British subjects of all lands...

...and especially the entire continent of Africa, Holy Land, Valley of Euphrates, the whole of South America, Islands of the Pacific not heretofore possessed by Great Britain, seaboard of China & Japan, ultimate recovery of the USA as an integral part of the British Empire.”

Rhodes’ secret society & how it operated are detailed in Carroll Quigley’s Anglo-American Establishment. Quigley describes British power elite at turn of century. They combined press, created political institutions & used financial power to affect policy.
carrollquigley.net/pdf/The_Anglo-…

https://twitter.com/apocalypseos/status/1393484496276623364

Elite consisted of Venetian Cecil family; political & financial trustees of Rhodes’ Trust; various banking institutions + British royal family. Quigley describes a small inner core of collaborators from Britain’s aristocracy and financial elite.

https://twitter.com/apocalypseos/status/1393484496276623364

They had 1 major enemy: American System of Political Economy. It threatened existence of British Empire, which depended on mercantilist system of securing cheap raw materials from colonized, backward parts of world, shipped to England for industrial production and military use.

https://twitter.com/apocalypseos/status/1297280351006388224

At the turn of the century, there were two powers in the world that represented the American system: the United States of America, and Germany, which had built its economy on the model of America’s great economist Henry C. Carey.

https://twitter.com/apocalypseos/status/1297280351006388224

Following stipulations of Rhodes’ Will, his collaborators sparked WWI to dismantle a threatening Germany, carve up Europe, secure + expand colonial holdings by acquiring much of Ottoman Empire, giving them its oil holdings + secure Palestine as military buffer to Suez Canal.

In order to accomplish these goals, they also worked non-stop to trap the United States into collaborating with their warring schemes and sought to diminish America’s industrial economy from within.

https://twitter.com/apocalypseos/status/1273430961275801600

Lord Milner, British High Commissioner for Africa, had won Boer War, united South Africa as one political entity under British rule giving Britain looting rights for most important raw materials in Africa. He derived much power from these accomplishments.

https://twitter.com/apocalypseos/status/1273430961275801600

At close of Boer War, Milner recruited group from Oxford University to assist him in establishing British rule in Africa. He recruited them to his philosophy and became each and every one’s mentor. Known as Milner’s Kindergarten, they would play a major role in both WWI and WWII.

As WWI approached, Rhodes’ secret society, under Milner went to work. Both Liberal & Conservative, they held in common a rabid racial imperialism. For propaganda purposes, they created RIIA, purchased Times of London, ran crucial press organs to rally public behind their aims.

To understand today’s Likud + right wing in Israel, one must understand Amery & Milner + their role in shaping British Empire. They used Zionism to secure oilfields of Middle East + defense of Suez Canal. They stated this openly, as did their Christian Zionist supporters.

Leo Amery’s son, Julian, described his father in The Empire at Bay, Notes from the Leo Amery Diaries (1988). British Imperialism “was a civilizing mission to which British peoples could dedicate themselves: one from which they would derive a sense of purpose & source of pride.”

“This concept of Empire was much more than a political programme. It was an ideology that constituted a coherent system of thought to which every issue, political, economic, social, cultural, and even moral could be related. More than that, it was a faith.”

“This faith would sustain [Leo Amery] throughout his entire life.” In LeoAmery’s own words, this faith and concept of Empire, with its responsibility for “civilizing other cultures,” was mandated by God.

Amery is famously quoted as saying: “The Empire is not external to any of the British nation. It is something like the Kingdom of Heaven within ourselves.”

Amery was recruited by Milner in South Africa while reporting on Boer War & was known as Milner’s mouthpiece. A few years before Cecil Rhodes’ death in 1902, Rhodes discussed with Amery Rhodes Trust & scholarship fund to recruit young men to attend a special program at Oxford.

Scholarships would be awarded to select students from British Dominions, Germany, & the US, with the proportion heavily weighted to US recipients. The overt purpose was to recruit American support for the British Empire. Amery ran Rhodes’ Trust from 1933 until his death in 1955.

While at Oxford, Amery founded a branch of Fabian Society & established a close relationship with the Fabians Sidney and Beatrice Webb. He also came under the hegemony of Joseph Chamberlain, to become the leading spokesman for a tariff policy to secure advancement of the Empire.

In 1902, he and the Webbs founded the Coefficients, a secret dining club of Liberal and Conservative imperialists including:

Bertrand Russell
Halford Mackinder
Sir Clinton Dawkins
Prof. W.A.S. Hewins
Leo Maxse
H.G. Wells

Their intent was to create a Brains Trust that would make government policy. Amery’s area of expertise was the military. He presented the reorganization plans for the Army that would allow the British to fight World War I.

“Most of the members, in fact, shocked me profoundly. I remember Amery’s eyes gleaming with blood-lust at the thought of a war with America, in which as he said with exultation, we should have to arm the whole adult male population...” — Bertrand Russell

In 1910, Amery married Florence Greenwood. Her father emigrated from Wales to Canada, married into family of American colonists who sided with British during Revolution. Her family was fiercely loyal to United Empire Loyalists with almost fanatical reverence for British Crown.

On June 11, 1916, less than a month after secret Sykes-Picot treaty signed, Milner given full page in NYT to make case that US should partner with British Empire. Milner knew of secret agreements with French to move war to Palestine + carving up Ottoman Empire between the two.

US had already entered war on side of British & as US would provide margin of victory, it would have major say in settlement of the peace. Milner, the man in pursuit of carrying out Cecil Rhodes’ Last Will and Testament, was about to join a War Cabinet with PM David Lloyd George.

Secret agreement to move war to eastern front would give Britain control over #Palestine, providing military buffer to #SuezCanal. Palestine would also provide a deepwater port (#Haifa) on Mediterranean for export of oil. Milner needed Americans on his side for plan to succeed.

“What I especially stand for is closest possible union between States under British Crown... there must never be another serious quarrel between States & England. I believe greatest disaster in human history was split which separated American colonies from home country.” — Milner

“I am sure that those in the United States who are familiar with the facts of British Government in India, would never wish to see that Government replaced by a Government of Junkers. I was ultra-British—an out and out British Imperialist” — Milner

A March 18, 1917 entry in Beatrice Webb’s diary describes Milner’s more private thoughts. Webb’s entry is made at conclusion of briefing she was given by Tom Jones, then acting secretary to Cabinet Committee on Territorial Terms of Peace. Milner was chairman of this committee.

“There is a vivid movement, guided by Milner & served by Amery, to prepare for another war, to complete the ruin of Germany & domination of British Empire. This gang of Power worshippers are running down Russian revolution & minimising entry of US as one of the belligerents.”

“They are bent on maintaining a ruling caste of a ruling race: they fear & despise democracy. Any aspirations towards self-government among British subjects, who do not already possess it, is sedition to be put down by machine guns and plentiful hangings.”
digital.library.lse.ac.uk/objects/lse:va…

Milner’s private papers give credence to this report. After colonizing Southern Africa, he wrote: “I believe in a lot of virtual-self-government in the new Colonies without letting the supreme control out of Imperial hands.”

Milner: Apostle of Empire: A life of Alfred George, the Right Honourable Viscount Milner of St James’s and Cape Town, KG, GCB, GCMG, 1854-1925
dokumen.pub/milner-apostle…

Amery’s view was similar: “South Africa must develop as a white man’s country under the guidance of white men, and not as a bastard country like most of South America”

“In five hundred years’ time I expect the South African white man will contain a strong dark blend, and the end of all things may be a brown South African race. There should not be too quick a mixture now or for the next few centuries.” — Amery

Amery’s civil career in Britain’s Imperial Command was illustrious, varied, and colored throughout by sympathy for fascism. He joined Milner as an undersecretary at the War Cabinet, where he first met both Jabotinsky and Weizmann.

When Milner became Secretary of State for Colonies in 1919, Amery was posted as his Under-Secretary. In 1922, he joined Privy Council & was appointed First Lord of Admiralty. In 1925 he was given post of Dominions Secretary in charge of #Palestine Mandate, held until 1929.

As Quigley reports, the policy of the Milner group was to re-arm Germany to go east to destroy Russia. Statements to that effect are included in Amery’s diaries. In August 1935 Amery gave Hitler his advice on how to strengthen the German economy.
herbogeminis.com/IMG/pdf/quigle…

Amery was an intimate of Reichsbank president & Hitler’s Economics Minister Hjalmar Schacht. Schacht told Lord Lothian that Amery said British were not interested in allowing Germany to have her colonies back, but there was no reason Germany couldn’t go east to build up economy.

• • •

Missing some Tweet in this thread? You can try to force a refresh

More from @apocalypseos

🅰pocalypsis 🅰pocalypseos 🇷🇺 🇨🇳 🅉

@apocalypseos

Apr 27

British Israelism is a syncretic cult ideology claiming the Anglo-Saxon-Celtic peoples are the biblical “Lost Tribes of Israel,” that the British monarchy descends from King David, and that Britain is destined for global rule. Its modern influence is no accident—it was cultivated.

The roots trace to Venetian psychological warfare. Paolo Sarpi, a 17th-century strategist, manipulated religion to divide Europe and suppress Renaissance science. Venice fueled the Protestant Reformation, hardened Catholic counter-reforms, and kept the continent in perpetual conflict.

British elites later adopted these tactics. Figures like John Dee (Elizabeth I’s occult adviser) and Francis Bacon (who framed science as esoteric “secret knowledge”) blended mysticism with imperialism. Rosicrucians and Freemasons spread the idea of Britain as a new “chosen” nation.

Read 8 tweets

🅰pocalypsis 🅰pocalypseos 🇷🇺 🇨🇳 🅉

@apocalypseos

Apr 9

Adam Smith was a fraud. His “pleasure-pain” economics enslaves you to bankers. The oligarchy hates progress—they want depopulation, decay, and dumbed-down serfs. Humanity’s destiny is anti-entropic—or it is nothing.

Humanity’s future depends on one question: Will we embrace anti-entropic progress—great infrastructure, advanced energy, and true scientific discovery? Or will we let the oligarchy’s fake economics drag us into collapse? There is no third option. Break their system—or perish with it.

Adam Smith was no economist—he was a British intelligence asset. His Theory of Moral Sentiments (1759) laid the groundwork for a fraud: the idea that humans are irrational animals, driven only by “hunger, thirst, and the dread of pain.”

Read 11 tweets

🅰pocalypsis 🅰pocalypseos 🇷🇺 🇨🇳 🅉

@apocalypseos

Mar 24

The Bank for International Fascism
by John Hoefle, EIR (2013)

In the aftermath of World War I, fascist movements sprang up all over Europe, and also in the United States. Considerable effort has been spent to portray these fascist movements as outgrowths of rampant nationalism, but that is a deliberate lie. The truth is that fascism is a political movement created and financed by the rentier/financier oligarchs of the Anglo-Dutch Liberal Empire, for the purpose of replacing the nation-state system with a global technocratic dictatorship.

Adam LeBor’s Tower of Basel sheds a useful light on how this process works, by telling the story of the Bank for International Settlements, known more commonly by its acronym, BIS. His book presents a detailed picture of the relationships between the Nazis and top international financiers, and the intelligence agencies. Along the way, we meet the leaders of the Bank of England, the titans of Wall Street, British and American spooks, and other financiers and industrialists, all of whom collectively made Hitler and Mussolini possible, and unleashed horror upon the world.

Some readers may be puzzled why such seemingly respectable institutions and individuals would work so closely with the Hitler regime, and wonder if they were somehow secret Nazis or Nazi sympathizers. But it is actually the inverse that is true. The Nazis were agents of the Empire!

A Bank Above Nations

The BIS was founded in 1930, nominally for the purpose of handling the reparations payments imposed upon Germany after World War I. The founding members of the bank were the central banks of Britain, France, Germany, Italy, and Belgium, with Japan and the United States each represented by a consortium of domestic banks. In the U.S., the consortium consisted of three banks: J.P. Morgan & Co., the First National Bank of New York, and the First National Bank of Chicago.

The driving forces behind the founding were Montagu Norman, the Governor of the Bank of England, and Hjalmar Schacht, the head of the German central bank, the Reichsbank. While Schacht liked to refer to the BIS as “my bank,” the Dutch banker Johan Willem Beyen—himself a president of the BIS—put it more clearly: “Norman’s prestige was overwhelming. As the apostle of central bank cooperation, he made the central banker into a kind of archpriest of monetary religion. The BIS was, in fact, his creation.”

Beyen’s quote goes to the deeper motive behind the founding of the BIS, the creation of the bank as a base from which to create a new form of what was euphemistically called “transnational finance.” The archpriests of the Empire were laying the foundation for what became the globalized financial system of today, a system of financier-run corporate cartels and markets which is essentially a rerun of the methods of the British East India Company, combined with modern technology.

Under the treaty which founded the BIS, the bank was granted virtual sovereignty—although under the circumstances, it might be more accurate to say that it was granted immunity from the sovereignty of others. No nation was to have any say over how the bank conducted its affairs, nor would their laws apply. Although the BIS is located in Switzerland, it is exempt from Swiss laws, and Swiss authorities cannot enter its premises without permission.

According to LeBor, “[T]he BIS enjoys similar protections to those granted to the headquarters of the United Nations, the International Monetary Fund (IMF), and diplomatic embassies. . . . The BIS has the right to communicate in code and send and receive correspondence in bags covered by the same protection as embassies, meaning they cannot be opened.”

“The bank’s extraordinary legal privileges also extend to its staff and directors,” LeBor writes. “Senior managers enjoy a special status, similar to that of diplomats, while carrying out their duties in Switzerland, which means that their bags (unless there is evidence of a criminal act), and their papers are inviolable. The central bank governors traveling to Basel for the bimonthly meetings enjoy the same status while in Switzerland. All bank officials are immune under Swiss law, for life, for all the acts carried out during the discharge of their duties.”

This protected position was carefully crafted. If your goal were to take control of nations and incorporate them into a new corporatist dictatorship, you would take steps to protect against counterattack by the targets.

An Oligarchic Cabal

As a conduit for war reparations payments, the BIS was explicitly set up to work with Germany, as the Nazis were coming to power. But the Nazis were themselves a tool of the people behind the bank, led by Montagu Norman and the Bank of England, the mother lodge of fascism. The Brits and the Dutch provided financial and political aid to the Nazi Party, as did their allies on Wall Street. The Wall Street crowd, led, as always, by J.P. Morgan, had organized its own fascist movement in the U.S., under the banner of the American Liberty League. The Morgan networks pumped money into Germany and Italy, aided by the Rockefeller interests, the Warburgs’ Kuhn Loeb, the Brown Brothers Harriman crowd, and Prescott Bush, whose son and grandson each became President of the United States.

Having launched this fascist movement, it was to be expected that the bankers would support it—and they did. The BIS served as a conduit to the banking and corporate interests on both sides of the war, The giant German industrial cartel, IG Farben—notorious for providing the Zyklon B gas used in the concentration camps—had a seat on the BIS board. IG Farben’s U.S. subsidiary, General Aniline and Film (GAF), was a major business partner with the Rockefellers’ Standard Oil. Standard Oil President Walter Teagle, Ford Motor Co. President Edsel Ford, National City Bank of New York Chairman Charles Mitchell, and Paul Warburg all sat on GAF’s founding board of directors. Sosthenes Behn, the head of ITT—which had substantial holdings in Germany—also sat on the National City Bank board, National City being a successor to the First National Bank of New York, one of the original BIS shareholders. New York banks led the way in raising money for Germany in the 1920s, as did the City of London. Time put the Morgan-sponsored Il Duce on its cover eight times between 1923 and 1943, presenting Mussolini and his corporatist policies as worthy of emulation in the U.S.

This is just a sample of the interlocking financial and business arrangements. Right in the middle of this nest were the Dulles brothers of the Wall Street law firm Sullivan & Cromwell, which represented a Who’s Who of Wall Street, including J.P. Morgan, Kuhn Loeb, Brown Brothers, the Harriman interests, Goldman Sachs, and GAF. John Foster Dulles was a fixture at the international conferences which established the post-World War I order. His brother Allen Dulles was the OSS station chief in Switzerland during the war, and later became head of the CIA, while John Foster became Secretary of State under President Eisenhower. Their sister, Eleanor Dulles, was also part of the family treason, involved in international diplomacy, and writing a book promoting the BIS.

Foremost among the British banks aiding the Nazis in the City of London was J. Henry Schröder & Co., which set up a trust to invest in German firms, including IG Farben, Siemens, and Deutsche Bank. Schröder partner Frank Tiarks—a director of the Bank of England—set up a subsidiary in New York, Schrobanco, in 1923. Schrobanco was run by a friend of John Foster Dulles, and its board would include not only Allen Dulles, but Gates McGarrah, a director of the New York Fed, a Rockefeller banker, and the first president of the BIS. Another American (and Rockefeller banker), Thomas McKittrick, was president of the BIS when the U.S. entered World War II.

J. Henry Schröder & Co., in turn, was the British arm of the Schröder banking dynasty in Germany, where Kurt Freiherr von Schröder was one of the most powerful and influential bankers, and a staunch Hitler supporter. Von Schröder hosted the infamous meeting between Chancellor Fritz von Papen and Adolf Hitler, which led to Hitler’s appointment as Chancellor of Germany in 1932. Kurt von Schröder was a partner in J.H. Stein in Cologne, which held the slush funds for Heinrich Himmler, the head of the Nazi SS. Schacht personally appointed Schröder to the board of the BIS.

One could go on almost endlessly, but this is sufficient to show how the international bankers see themselves as part of an elite. As LeBor put it: “Nationalities were irrelevant. The overriding loyalty was to international finance.”

Read 6 tweets

🅰pocalypsis 🅰pocalypseos 🇷🇺 🇨🇳 🅉

@apocalypseos

Mar 22

Sergey Glazyev: The world has changed. Irreversibly. What we wrote about a decade and a half ago has come to pass. This publication is a continuation of the article “What is happening?” previously published on this channel. 1/84

Pax Americana is crumbling before our eyes, three decades after the collapse of the USSR. The transition to a new global economic order has been completed. 2/84

The center of the world economy has shifted to East and South Asia, where a bipolar core of the integral global economic order has formed, as expected, with two poles: communist China and democratic India. 3/84

Read 84 tweets

🅰pocalypsis 🅰pocalypseos 🇷🇺 🇨🇳 🅉

@apocalypseos

Feb 28

“How British Financial Elites Fueled the Rise of Hitler: The Hidden Geopolitical Agenda Behind Nazi Germany’s Ascent” by Mike Billington (EIR)

Let’s look back to where the original Nazis came from. In the 1920s and 1930s, there was the mobilization of various forces in Germany responding to the hideous impositions placed on Germany after World War I, where they were essentially burdened with massive reparations that destroyed any chance of their economic recovery from the war. This fostered the rise of radical institutions. The head of the Bank of England, Montague Norman, openly sponsored the rise to power of Adolf Hitler. He was a close personal friend of Hjalmar Schacht, Hitler’s economic minister, who became the Reichsminister under Hitler and implemented the Nazi policy of giving all economic power to the banks themselves. This policy diverted credit from anything other than the buildup of military forces to prepare for the onslaught, for Operation Barbarossa, and for what became the Second World War.

They were so close—Montague Norman and Hjalmar Schacht—that Schacht’s children had Montague Norman, the head of the Bank of England, as their godfather. Norman was even passing gold to the Nazis after the war began. So, why did they give rise to the Nazis? Well, you could say a lot of things. You could say they basically agreed with the Malthusian idea that certain lesser races should be exterminated. Maybe they didn’t say it was the Jews; maybe they said it was the Blacks or the Indians. Keep in mind, the British believed emphatically, publicly, and openly in eugenics and race science—that there were lesser races and superior races—and guess who the superior race was. So, maybe that was why. But in geopolitical terms, they were anxious to see Germany and Russia destroy each other. This was the geopolitics of Mackinder and Haushofer and the people who knew that you did not want to allow any force in the East or West to control the heartland, so that the British Empire—which was based on the financial institutions controlling world trade and finances—could continue their looting and genocidal policies against the colonies around the world. So, they supported Hitler and put him in power.

Read 10 tweets

🅰pocalypsis 🅰pocalypseos 🇷🇺 🇨🇳 🅉

@apocalypseos

Feb 24

🇩🇪 Friedrich Merz, BlackRock’s candidate for German Chancellor, has won. Merz was the long-time lawyer for American locust investors in Germany, and is fully committed to neoliberal financial policy to destroy nation-states and sovereign credit systems.

“BlackRock’s Candidate for German Chancellor, Friedrich Merz” by Helga Zepp-LaRouche and Dr. Werner Rügemer

Helga Zepp-LaRouche: Yes, good evening. I wholeheartedly welcome you to the Civil Rights Movement Solidarity weekly webcast. And I am particularly pleased to have a very special guest today, namely Dr. Werner Rügemer, who is a very renowned author and has written many books, all of which are extremely interesting.

He is currently in the process of publishing a new book, which deals with a very current topic. And I am particularly pleased that we are speaking today, because as of a few hours ago, or yes, much more recently, there was a vote in the Bundestag on a proposed law by Friedrich Merz, which he introduced on behalf of the CDU-CSU [Christian Democratic Union–Christian Social Union], to change the asylum law.

It went through with a very narrow majority, with the support of the AfD [Alternative for Germany]. There was a lot of commotion beforehand that this was a breach of the dyke and that the firewall between the establishment parties and the AfD had now been torn down.

In any case, there is a possibility that Friedrich Merz, leader of the Christian Democratic Union, will become the next Federal Chancellor. Against this backdrop it is perhaps very important to consider what implications this has.

We have an incredibly dramatic world situation. United States President Donald Trump has only been in office for nine days and has already caused a lot of commotion: Panama, Canada, Greenland—I could go on and on. The situation in the Middle East: At first there was hope that the ceasefire might bring about an improvement. But now he wants to resettle all the Palestinians to Egypt, Jordan and even Indonesia. So, we have a lot of topics to discuss, and that’s why my very first question is: we are four weeks or a little more than three weeks away from the Bundestag election on February 23. What should voters know about what they will face if they give their vote to Mr. Merz?

Dr. Werner Rügemer: With his even more direct turn to the right toward the AfD, Merz has done what his former boss at BlackRock, Lawrence Fink, did before the election in the U.S.A. He also supported the Democratic Party for a long time. BlackRock grew up with the Democratic Party. But even before the election, BlackRock CEO Fink said, we don’t care who wins the election; we are in talks with both candidates. And then it turned out that BlackRock advised Trump on his choice of Treasury Secretary….

Zepp-LaRouche: Before we look at the different regions of the world, it would perhaps be good for our viewers if you explained what BlackRock is. People think that it’s just one of many multinationals, but that’s not exactly the case. Since you’re probably the best expert on the subject in Germany, can you give a brief outline of why BlackRock is such a problem?

The Rise of BlackRock in Germany

Dr. Rügemer: BlackRock has been the largest of these multinationals since the 1990s due to the deregulation that began under U.S. President William Clinton. These new up-and-comers, with today’s BlackRock as the largest, became bigger and initially spread out across the U.S.A. After the turn of the millennium, and particularly after the financial crisis, they gradually established themselves in Europe: in France, Switzerland, England, and also in Germany.

In Germany, these multinationals are the majority shareholders in the most important, let’s say 100 German stock corporations, each with a three, four, five, six, seven, eight percent share in these corporations. So, as a group, BlackRock, along with Vanguard and State Street and Fidelity and Wellington, in different compositions, have a majority stake in about all 40 DAX [German blue-chip index on the Frankfurt Stock Exchange—ed.] companies in Germany. In this capacity, they have contributed to the deindustrialization in Germany that has been going on for years, with large German corporations relocating jobs to China, the U.S.A., or even partly to Eastern Europe, because this outsourcing, naturally, increases the profits for BlackRock and company [i.e., the other multinationals].

Zepp-LaRouche: What would you say to a normal, medium-sized business owner in Germany who says, “but it’s good to have someone like Merz, who at least knows what he’s talking about, who is well connected, so that’s good for medium-sized businesses”? What would you say in response to that?

Dr. Rügemer: Merz in particular was bad for owners of medium-sized companies in Germany, extremely so, because he had resigned from his position as parliamentary group leader of the CDU in the German Bundestag in 2004, and then became the co-owner of an American business law firm, Mayer Brown, in their branch in Düsseldorf. And that was important because at the turn of the millennium … came the so-called, later so-called locust investors, private equity investors from the U.S.A. They bought up the non-stock listed companies, i.e. the good German medium-sized companies, restructured them, as you called it, i.e., closed down the unused parts, resold them and so on.

This law firm, in which Merz not only worked as a lawyer but also as a co-owner, advised these locust investors on how they could best buy and exploit German medium-sized companies. And, of course, Merz was a very suitable choice because, as a CDU politician, he knew best the medium-sized companies that constituted the backbone of the CDU for decades.

Zepp-LaRouche: Can you describe that? BlackRock, for example, has also acquired a large share in the large housing companies. What effect has this restructuring or takeover had on the housing sector?

Dr. Rügemer: It was the case that, as I said, from the turn of the millennium onwards, it was initially not BlackRock and company who came along, but rather the second league, so to speak, the private equity investors, i.e., Blackstone and KKR and Carlyle and so on. They started by buying up the medium-sized companies, including tens of thousands, hundreds of thousands of apartments, public apartments in individual cities, and also from companies, from large corporations in the Ruhr area, that also had their own housing companies.

Read 11 tweets

Share this page!

Enter URL or ID to Unroll

🅰pocalypsis 🅰pocalypseos 🇷🇺 🇨🇳 🅉

Try unrolling a thread yourself!

More from @apocalypseos

🅰pocalypsis 🅰pocalypseos 🇷🇺 🇨🇳 🅉

🅰pocalypsis 🅰pocalypseos 🇷🇺 🇨🇳 🅉

🅰pocalypsis 🅰pocalypseos 🇷🇺 🇨🇳 🅉

🅰pocalypsis 🅰pocalypseos 🇷🇺 🇨🇳 🅉

🅰pocalypsis 🅰pocalypseos 🇷🇺 🇨🇳 🅉

🅰pocalypsis 🅰pocalypseos 🇷🇺 🇨🇳 🅉

Did Thread Reader help you today?

Don't want to be a Premium member but still want to support us?

Send Email!