1991-2011: THE BCCI SCANDAL 20 YEARS LATER
It's now been almost exactly 20 years since the last meltdown and exposure of a fraudulent bank, in this case, the notorious Bank of Credit and Commerce International, or BCCI as the scandal became known. Sarcastically, as the exposure of the CIA, drug cartels, Manuel Noriega and a host of others in the affair slowly came to light, the bank was known as the Bank of Crooks and Criminals International.
It followed a long series of other such scandals: the Franklin Bank scandal, the collapse of Penn Square, the Banco Ambrosiano and Banco Lavoro scandals, tied to the Vatican, the whole P-2 affair, Roberto Calcvi - you remember him, the banker found hung to death under London's Blackfriars' bridge who had bricks in his pants, ruled a suicide of course - the Nugan Hand Bank scandal, the savings and loan scandal (you remember the Bush family's role in that don't you?), ITT....on and on it marches, and each financial meltdown, each looting of the depositors and the public treasuries with which the proverbial "they" are associated gets bigger and bigger and more and more corrupt.
I remember, as some of you do, the Washington Post columnist Meg Greenfield. Her post - the closest any major syndicated columnist ever came to veering into conspiracy theory - on the subject of BCCI in Newsweek, and for those of you who don't remember or have never read that fascinating expose of her own personal frustration with the march of hidden politics in the last century, here it is:
Meg Greenfield\'s Time for the Grand Finale
One source, one theme, one Wagnerian Leitmotif in Greenfield's "opera" seems to be recurring again and again: that is the connection of organized crime (drug money) to fraudulent banks and to intelligence agencies and in particular the CIA. What are we looking at here?
In my opinion, one of the things we've been looking at is the vast funding mechanism for a "breakaway civilization" ala Richard Dolan's idea (on which I've written a paper in the members' only section here). This civilization, in order to fund its massive research projects and the covert operations conducted in conjunction with them, would need a continuous and large source of funding that could be kept off the books and away from public scrutiny.
We thus have a methodological implication here: can banking scandals such as these also be traced to "coincidental" or synchronous activity in research, or to revelations of black projects technologies? Following the money here will be difficult, but not, I don't think, impossible. A simple matter of coordinating overlapping board directorates and personnel within major international "defense contractors" will go a long way to connect dots and outline relationships. It is, at the minimum, food for thought.
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i believe you & your readers would be interested in the phibetaiota.net site
I bookmarked it, and signed the petition to audit the fed.
Given that the source of wealth for most of The U.S.’s “old money” families (the same group who supply us with things like Wall Street and CIA) was opium (“the China Trade,” as the euphemism went), it is no surprise that they find it so easy to partake of the same finance source today.
Drugs, war, arms, slavery, banking – it is all linked down through history, as Babylon’s Banksters so beautifully pointed out. People who are into power over others could not resist either the power of compound interest (from the lender’s side) nor the power of addiction (from the dealer’s side). There is a certain sinister harmony to these elements.
Most of our culture today is designed to be a gilded cage – newer methods of enslavement. Have you ever thought about the Tyranny of The Lawn? How much do people spend in time and resources to try and make their little plot of (mostly banker owned) land look like a king’s estate? And to what end? Most people spend far more time maintaining a lawn than using it. It is mostly about “curb appeal” – the banker’s assessment of value.
I agree that the Vatican has a lot more to do with the evil in this world than we know. The little I have read about some of the absolute scoundrels (many of whom weren’t even priests) who have been pope simply amazed me. But again, I think they are but an external face of a far older group with some very sinister agendas.
I think the “breakaway civilization” idea is right on the money.
Yes, it would be doable, now we have ability to use internet web sites which have names linked as well as connected to other names. Obviously a data base or perhaps freemind mapping software (free on web) to start. Using all resources surrounding Danny Casolaro’s research and continued by many others, I spent a good amount of time last weekend in fact, researching connections between a name and another name and in some cases pure hunch. I learned more by doing that than actually reading the research. In any event the Spartacus UK website has an interesting way of hyper-linking names to events and other names ie the JFK matter. Another important thing would be linkage by generation… often I found where there is one, there is a son or a daughter (so to speak). Finally variations on names, where it is changed.
Has it really been twenty years since Noriega moved to America? Time does fly.
An off track aside: being military I think like it. Can you folks just imagine that the young men and women who enlisted during Bush Senior’s war are now at the twenty year retirement point? Doesn’t seem possible.
Now if some of that breakaway money would get me a seat next to Rich on the next 20 minute trip to Mars that would be fine. Butcha know all this talk about the government – the one we see – running out of money and bank failures has old folks like me and the Mrs. a little concerned because our three government retirement checks are electronically transferred to Chase each month. And then there is that solar mass ejection we’re supposed to be expecting; that’ll put the skids on those checks.
Oh, and Doc, my degree in music helped me out with that Wagnerian Leitmotif; otherwise I’d be scratching my head.
The City of London, it is probably safe to say, is the financial capital of the world. London, incidently, derives from a word meaning “dragon.” As you enter the City, as I did for many years on the way to the office lol, you see red dragons gazing at you with a chilling look.
(Going on memory here) Anyhow, regarding banking and drug money, that seems to trace back to the Opium Wars between Britain and China. One such prize of these wars was the Island of Hong Kong, which was set up to run the empire’s drug business. The main clearing bank to do this was the Hong Kong and Shanghai Bank Corporation (HSBC but called something slightly different back then). Of course back in those days the drug trade was legal, indeed it was the largest revenue income for the empire – run mainly by the British East India Company. Now common sense informs us that the same elite families control this international narcotics trade, in partnership with other elites of course. Since the drug trade is one of the largest business in the world, we are talking about HUGE amounts of money being moved around the globe… which can only be carried out by some of the largest banks in the world. This is a LOT of money which could buy a ray gun or two 🙂
Drug money funding for a breakaway civilization – I suddenly remember
a theme from the Old Testament, where YHWH warns several times that
a city built on blood, power and wealth built on evil, etc. etc., will not
prosper but have a curse on it and will fail, probably in blood and disaster.
…Which ironically enough he always seemed to deliver, correct?
justice, which includes love for the victims of the oppressor who even
in death cry out for justice, and mercy for those spared by the fall
of the mighty. But often even the lowly are evil. Often the Prophets
say that no righteous could be found, that from the highest to the lowest
all were corrupt. and God said that if ten righteous could be found in
Sodom and Gomorrha He would spare them. Couldn’t find them. End
of story.
Our modern huge populations usually guarantee at least ten righteous
per location of interest. And perhaps strategically located, by God’s
design, to give more time for repentance, for He has said to I think
Ezekiel, that He does not take pleasure in the death of sinners, but
prefers that they live and repent, but on the other hand, enough is
enough.
Sometimes the fall is from an enemy raised up to take them down.
Sometimes they turn on each other in a madness. Sometimes it is
a natural disaster they don’t see their way clear to avoid in times.
Sometimes it is an economic failure. God knows how to keep those
who love Him through all situations, however.
Blame Adam and Eve and ourselves. They started it, when they listened
to the serpent, who slithered out of the great ocean of the etheric whatnot,
and we continued it when we cultivated pride, lust, greed, ambition, vanity,
vainglory, hatred, envy, strife as an end in itself, acquisitiveness, and a host
of other evils.
I recall that Rudyard Kipling once said some parody that “there is a passage
in Galatians, 29 distinct damnations” at which point I think of that ditty about
the days in the months and want to chime in “all the rest have 31” and I
think the count he gave was wrong anyway, but there are a couple of Epistles
of St. Paul where there are long lists of “works of the flesh.” sowing to the
flesh reaps death, sowing to the Holy Spirit reaps life.
St. Paul also draws a distinction between sorrowing after the manner of the
world, which brings forth more sin and death, rather like those who attack
and harm further anyone who complains they are harming them, or who
react to guilt by flinging themselves into distractions, denial and escapist
indulgence leading to more and more sin like the out of control alcoholic
or drug addict, and sorrowing in a godly manner, which brings forth
repentance (which means turning from, or quitting something) and life.
Joseph — Great!! I see a sequel to Babylon’s Banksters! Can I preorder it now??
If we’re going to say it’s the nazis, before we make that leap, let’s remember who it is that funded national socialism right from the beginning. Let’s not forget that it was, and probably still is the creature of the international banking community, perhaps even a spearhead of a new dialectic to usher in the nwo.
I think it most likely that we really have to look no further than the city of london to find the source of the major problems in the world. It’s all about wealth, power and the luciferian “spiritual” belief that energizes those who seek total control and domination. They are the illuminati.
“Whose world is this?”
I was lamenting just yesterday that Brown didn’t allow The Holy See to be turned into a black hole in Angels and Demons. Still, it is an apt metaphor in reality.
Superb topic, and thanks for bringing it forward. I remember it well. I think the Vatican is the epicenter, and long before Dan Brown caricatured it for fun and profit.