A few years ago, three–quarters of the majority stockholders of ABC, CBS, NBC and CNN were banks, such as Chase Manhattan Corp., Citibank, Morgan Guaranty Trust and Bank of America; ten such corporations controlled 59 magazines (including Time and Newsweek), 58 newspapers (including the New York Times, the Washington Post, the Wall Street Journal), and various motion picture companies, giving the major Wall Street banks virtually total ownership of the mass media, with few exceptions (such as the Disney Company’s purchase of ABC). Only 50 cities in America now have more than one daily paper, and they are often owned by the same group. Only about 25% of the nation’s 1,500 daily papers are independently owned. This concentration has been rapidly accelerating in recent years and ownership is nearly monolithic now, reflecting the identical control described above. Of course, much care is taken to fool the public with the appearance of competition by maintaining different corporate logos, anchorpersons and other trivia, projecting a sense of objectivity that belies the uniform underlying bank ownership and editorial control. This accounts for the total blackout on news coverage and investigative reporting of banker control of our country. Nevertheless, throughout U.S. history, the battle over who gets the power to issue our money has raged. In fact it has changed hands back and forth eight times since 1694, in five transition periods which may aptly be described as “Bank Wars” (or more precisely: Private Central Bank vs. American People Wars), yet this fact has virtually vanished from public view for over three generations behind a smoke screen emitted by Fed cheerleaders in the media. Until we stop talking about “deficits” and “government spending” and start talking about who creates and controls how much money we have, it’s just a shell game – a complete and utter deception. It won’t matter if we pass an iron–clad amendment to the Constitution mandating a balanced budget. Our situation is only going to get worse until we root out the cause at its source.
Posted on: Sat, 17 Aug 2013 14:59:30 +0000
Recently Viewed Topics
© 2015