THE ROLE OF THE ROTHSCHILD’S FED: Bangladesh Bank heist: who is to be blamed?

by Mohammad Ali Ashraf :

BEFORE going into the heart of the matter, let me go back in history to shed some light on the teachings of a philosopher, Epictetus who lived in the first century BC in Phyrgia, Anatolia, present day Turkey. Two lessons provided by Epictetus are important to remind us here on the Ponzi scheme of the Federal Reserve Bank of New York which was hacked in early February this year and had US$101 million from Bangladesh Bank’s account swept away. Yet, the New York Fed, headed by William Dudley, denied it had been hacked. Although in a report on May 15, the head of the Bangladesh Bank-commissioned inquiry committee had blamed SWIFT for the hacking and stealing of the foreign currency reserves kept at the Federal Reserve Bank of New York, though the Fed also cannot deny responsibility.
Now let us, for a while, turn around the lessons of Epictetus which are: (a) appearances are of four kinds: (i) things either are as they appear to be, or (ii) they neither are nor appear to be, or (iii) they are but do not appear to be, or (iv) they are not and yet appear to be; (b) life is subject to constant change and human beings are ultimately responsible for how they interpret and respond to those changes. Reminiscently, reference is due to the statement of William Dudley in this regard.
In relation to these lessons, Edward Griffin states in a lecture entitled, The Creature of Jekyll Island: A Lecture on the Federal Reserve, where he exposes the most blatant scam of all history, that ‘when I read the statement(s) for the first time, I had a big chuckle over it and I thought for sure that if Epictetus were alive today he would probably be a Harvard professor of money and banking; it sounds like so many explanations that I have read about various aspects of the Federal Reserve System’. All Epictetus said was that appearances can sometimes be deceiving.
But why on this topic; because it is one of those appearances of the fourth kind, which are not and yet appear to be. In his lecture, he flashes back the original secret engineering of the Federal Reserve Bank of the United States.
Back in 1910, a secret meeting was held in Jekyll Island in the present state of Georgia by a gathering of seven big shots whose offshoots still reigns so ruthlessly today. Jekyll Island was privately owned by a group of millionaires from New York such as JP Morgan, William Rockefeller and their associates of the Rothschild family. This was a social club called ‘The Jekyll Island Club’ where their family used to come to spend the winter times. The Club House is still there and on its door there is a brass plaque encrypting ‘In this room the Federal Reserve System was created.’
Who were these seven? The first one was the Republican senator Nelson Aldrich, chairman of the National Monetary Commission and a business associate of JP Morgan. He was the grandfather of Nelson Aldrich Rockefeller, former vice-president of the US.
The second important person there was Abraham Andrew who was assistant secretary of the Treasury. He later became a congressman and he was very important in banking the circles. Frank Vanderlip was there. He was the president of the National City Bank of New York which was the largest of all the banks in America representing the financial interest of William Rockefeller and the international investment firm of Kuhn, Loeb & Company.
There was Henry Davison, the senior partner of the JP Morgan Company.
Charles Norton was there; he was the president of the First National Bank of New York which was another of the giants.
Benjamin Strong was at the meeting; he was the head of JP Morgan’s Banker’s Trust Company and Benjamin Strong three years later would become the first head of the Federal Reserve System. Finally, there was Paul Warburg who was probably the most important at the meeting because of his knowledge of banking as it was practiced in Europe. Paul Warburg was born in Germany and eventually became a naturalised American citizen. He was a partner in Kuhn, Loeb & Company and was a representative of the Rothschild banking dynasty in England and France.
Notably, all these seven persons were the greatest financial foes and competitors to each other, but at this point of time they were friends and formed a cartel, in economic term. So, what did they do in this club house forming this cartel? They made a bill on the concept of a central bank in America having a partnership between the government and the cartel of these seven giants under the name of the Federal Reserve Banks of the Unites States. This bill was passed in 1913 in the congress of the 28th president Woodrow Wilson. The question may arise, why did the president and congress sign the bill? There is another interesting personal story behind this.
Woodrow Wilson had an extra-marital affair with a fellow professor’s wife when Wilson was a professor at Princeton University. Shortly after the inauguration, a few people (agents of the Rothschilds) of a law firm such as Samuel Untermyer, Guggenheim and Marshall visited president Wilson in the White House. They tried to blackmail the president for the sum of $40,000 payable to that lady in relation to cover the affair. President Wilson did not have the money, so Untermyer volunteered to pay the $40,000 out of his own pocket to the woman Wilson had had the affair with, on conditions that Wilson promise to appoint to the first vacancy on the United States supreme court a nominee to be recommended to president Wilson by Untermyer and that to pass their bill in congress. Wilson agreed.
Strangely enough, the same year that they did this, they also set up their last and current central bank in America, the Federal Reserve. Congressman Charles Lindbergh stated following the passing of the Federal Reserve Act on December 23, 1913:
‘The Act establishes the most gigantic trust on earth. When the president signs this Bill, the invisible government of the monetary power will be legalised…….The greatest crime of the ages is perpetrated by this banking and currency bill.’ It is important to note that the Federal Reserve is a private company, it is neither Federal nor does it have any Reserve. It is conservatively estimated that profits exceed $150 billion per year and the Federal Reserve has never once in its history published accounts. This profit is shared by the government and the cartel of the Rothschilds.
SWIFT is also another instrument of the Rothschild family to transfer money on an international basis in exchange for foreign export-import among nations. It is also a private institute, the Head Quarter of which is based in Belgium. No wonder that the ‘independent’ SWIFT plays along with Washington’s sanctions, for example, cutting off Iran from the international transfer system.
Now the foreign reserve currency of Bangladesh Bank was deposited to the Federal Reserve Bank of New York with full trust and privacy. If that currency is lost, who is responsible? And this incident did not happen for the first time, because similar mishaps happened in 2014 as well. In fact, the organisation which is ripping the pocket of the American people through interest rate on loans which are created out of nothing or no reserve, can deceive the people of other parts of the world just as easily as well. Because the profit earned from the energy business is curtailed substantially nowadays, it may be another way for the Rothschilds to compensate that loss by stealing the money of another developing country such as Bangladesh. If such is the condition, then where is the guarantee that the rest of the amount that is safe there now will not be lost in the future.
It is quite surprising that the Federal Reserve Banks of the United States are the private company staked by the government and the Rothschild Family who share billions of undeclared profit of the bank every year just like commercial banks. Many of the Americans do not even know about this. So, the wisdom of the Phyrgian philosopher is rightly consistent with the outer appearance and the reality of the Feds. Similarly, the comments of the president of the Fed are not acceptable either. Thus, the results of the inquiry committee appointed by Bangladesh Bank is perfectly right that the Fed as well as SWIFT code authorities are completely responsible for this giant bank heist.
Mohammad Ali Ashraf, PhD, is the author of 18 books and more than 100 research publications and is also the former head, department of economics, United International University.