On Friday's News and Views from the Nefarium (May 3, 2013), and again yesterday, I presented the thesis that the vast hidden system of finance developed after World War Two must be viewed in the larger context of what it was used for, namely, a vast political covert operations slush fund and the creation of a black research projects empire, a technocracy having access to almost unimaginable technology.  As such, it constitutes a key pillar of post-war Western, and American, power. To raise doubts about the financial element is to imperil all the other elements, and hence, the western financial oligarchs may no longer be the central players in the unfolding financial drama.

Well .... perhaps...

But with that context as a backdrop, consider this article:

Financial Treachery & Harsh Consequences

There's so much here to draw attention to that one does not really know where to begin. Bonds as money, money as monetized debt (or what I have called the facsimile of money)... but there are two paragraphs worth considering:

The collection of treacherous practices, most of which emanate from the myriad USGovt offices, have invited stern reaction by the global players. These diverse treacherous practices, often implemented by the Wall Street banks and their ring leader the US Federal Reserve, have invited stern reaction by the global players. The broad cover for treacherous practices, provided protective cover by the USGovt regulatory agencies, have invited stern reaction by foreign nations in a powerful response. The disintegration of the financial foundation built of USDollar steel beams and USTreasury Bond cement blocks has been crumbling and collapsing for the last four years, ever since the Lehman Brothers failure and the integration of Fannie Mae & AIG under the USGovt roof, where their $trillion frauds are kept deeply hidden in the shadows and basement. While the Manhattan Made Men continue to attempt to hold things together, they struggle mightily, lacking sufficient fingers and toes to plug the vast leaky dikes. In response to predation and treachery, the rest of the world has not only been undergoing reaction, they have also been developing the reaction into organized structures. The main victim has been trust and security, for money, bonds, and bank accounts. All property not nailed down is at deep risk. The current wave of treachery and fraud follows the last wave, where most Americans saw their home equity vanish, many foreclosed and jettisoned from the homestead. The public should harbor no trust, while clinging to suspicion toward the leadership crew that undermined security with its own hands. The list of acts steeped in treachery is long. The reactions are impressive. When viewed as the mosaic for actions coming to pass, the global response is indeed formidable. The micro events are important in their own right, as each hilltop must be retaken and restored. The macro events are what will en masse change the world, as a Paradigm Shift is underway. The United States and its fascist allies are not in control. They will not find a path to retain or regain control. They have no solutions. The most powerful element of the shift has been the movement of gold wealth from Western locations (New York, London, Switzerland) to Eastern locations (China, Russia, Singapore, Taiwan, Hong Kong). Most residents of the United States, the United Kingdom, and Western Europe are in shock, constantly distracted by the sweeping disruptive events led by a) unstoppable government deficits, b) the powerful crumble of sovereign bonds, c) the ruinous insolvency of the banking systems, d) the relentless reign of tax terror, and e) the tragic decline of the underlying economies. The West is sinking in a sea of fecal soup, stirred with the toxic paper spew, infected by the rot of acidic corrosion, weighed down by absent legitimate solutions, exploited by criminal activity in high offices. The treachery has brought on powerful consequences. The Western lords are being deposed. They can appeal for squire posts to the East, or else they can wreck the globe. The biggest question is whether new trade devices will win out over the chosen Western fascist predilection toward wider war, release of more virulent viruses, more obvious slavery pens, and louder propaganda.

In the context which I outlined, the choice facing the Western oligarchs is indeed clear, and the author of the article has spelled them out well. But right now, no one can really afford that "wider war" option, and expanding the "more obvious slavery pens" in an already shaky power base at home might backfire as well, bringing about an even swifter collapse.

What led to this whole mess in the first place is, in part, the post-war financial decisions, but there is a longer history at work as well, and part of that history involves monetized debt as legal tender, and the other part...

...well, consider that other part: the confusion of deposit banking with investment banking. In the current western system, the two are often indistinguishable, and have more often than not in western history led to the creation of such bubbles and collapses, and the widespread fraud and corruption accompanying them. Perhaps it is time, at least, for a public discussion of this fundamental aspect of western institutions. Should depositors' money be treated as a legally undertaken risk, to such an extent that they are "unsecured creditors" who suffer losses first? Is it really true that depositors intended their money to be used in credit default swaps, derivatives, mortgage fraud? Or is there an implicit contract assuming less risky uses? If banks can "earmark" or "hypothecate", shouldn't depositors be able to say, you may use my money for this (real mortgages) and not that (derivatives, credit default swaps)?  Shouldn't we de-couple deposit and investment banking?

These are all, of course, just questions. But they do, I believe, illustrate a debate that has not been happening. The last 100 years has been the century of  The Creature from Jekyll Island, the Century of the Federal Reserve and all bankster claptrap that has ensued therefrom: BIS, IMF, World Bank...and oh yes, let's not forget the Old Lady of Threadneedle Street, Montague Norman, the Strongs, Hjalmar Schacht, and all the rest.

The last fifty years of that century has been the history of fraud and empire building on a massive scale, empire building only made possible by ignoring such questions.

So I am bold to suggest that not only are the non-western countries demanding a seat at the table and a say in the "architecture", but that if that architecture is again constructed without genuine input from the people it most impacts, and upon whom it most depends for survival, then no architecture even of the BRICSA nations, will be adequate. One can only hope that if the BRICSA nations eventually adopt their own sort of "Bilderberg meetings", that they will publish the places and times, and welcome input from the people so long excluded in the western counterparts.

But don't hold your breath.

See you on the flip side.

Joseph P. Farrell

Joseph P. Farrell has a doctorate in patristics from the University of Oxford, and pursues research in physics, alternative history and science, and "strange stuff". His book The Giza DeathStar, for which the Giza Community is named, was published in the spring of 2002, and was his first venture into "alternative history and science".


  1. legioXIV on May 6, 2013 at 5:27 pm

    An open letter for Yaj the self appointed enforcer.

    Dear Yaj/Jay or whatever you are calling yourself this week,

    I have read your comments regarding Dr Farrell’s so called woeful grasp of history with increasing disbelief and anger. I don’t even know how you could possibly believe that Dr Farrell believes that empire building is a recent phenomenon of the past century from those two paragraphs. To suggest so based on that is just pure ridiculousness.

    Yaj, you have a penchant for complicating the obvious and trivializing the momentous. Have you ever considered running for office?

    As for insulting comments posted here, as a point of fact, it is you my dear Yaj/Jay who takes the proverbial cake. I remember once being called a Xenophobe by you for questioning the origins of your beloved supreme leader Obama. This is despite the fact that my wife is from the Philippines and my daughter is half Filipino. Curious for a Xenophobe don’t you think?

    Needless to say I was insulted by your comments and I am sure that there are many more here who have been so insulted by your puerile attacks when expressing your disagreement with something they have said. I used to think that Citizen Quasar was bad but your rudeness leaves him eating your dust.

    I would suggest that you consult your own broken panes before chucking rocks at other people’s houses. Grow up.

  2. DaphneO on May 6, 2013 at 11:12 am

    I’ll continue off topic for a moment Larry,
    You see, I too have this fascination with Russia.
    Like Dr Farrell I too believe Putin to be a nationalist of he tsarist type.

    After much reading, Larry, i am of the belief that Tsarevitch was murdered along with the rest of his family, including Anastasia! I have read the stories.

    However, I also was aware of Cayce’s prophecy and have the hope that “Mother Russia” will play a positive role in our future. I believe it is only Russia that is keeping the US and Israel from destroying Syria at this moment and then moving on to Iran.

    And like you, I would love to hear much more from Dr Farrell on this subject!

    • LSM on May 6, 2013 at 3:00 pm

      Hi Daphne- many thanks for your thoughts- greatly appreciated-

      but I’m still not yet sure all of the Romanov’s were murded (OK, we all know Kissinger spews a lot of bullshit but he’s definitely an insider and he stated the Romanov’s being murdered in the Ipatiev house “that story is bullshit”- as Anna Anderson also stated-

      am not sure if you’ve read the Summers/Mangold “File on the Tsar” but it’s at least worth a gander- and it still baffles me to no end why the real fate of the Romanovs continues to be obfuscated (the Danish royals know their fate because Nicholas II’s mother + maternal grandmother were Danes but whenever confronted with the subject the Danes always state “this is a family matter and no-one else’s business””- so why the secrecy?

      “have read the stories”- could you please provide links?- they would interest me greatly- thanks in adance-

      stay well!- regards-


      • DaphneO on May 6, 2013 at 3:37 pm

        Mainly books Larry, I will compile a list later. I hunted out a lot of old, second hand books in my search. I have seen the same names of the killers in several of these books, plus the bones pulled from the old mine laid out in an attempt to reconstruct the bodies. And no, I haven’t read the Summers book you mentioned. I’ll get back to you on this.

        • LSM on May 7, 2013 at 4:59 am

          many thanks, Gail- hope to hear from you soon- take care!


          • LSM on May 7, 2013 at 5:05 am

            ohhh, Lordy, Daphne, please forgive me for refering to you as Gail- honestly, sometimes you ladies with your wonderful info sort of scramble my mind 🙁


          • DaphneO on May 7, 2013 at 5:17 pm

            Hi Larry

            Sorry for the delay (and sorry Dr Farrell for taking up space on an entirely different subject). I have about 2000 books, and some are scattered. I can get them fairly quickly once I start, so please just hang in there. 🙂

        • DaphneO on May 7, 2013 at 9:49 pm

          Okay Larry, here’s an (almost complete) list of the books I’ve read on Russia:

          The Controversy of Zion by Douglas Reed – Correspondent with Eden who was 1st PM to go to Russia after the revolution
          Under the Sign of the Scorpion: The Rise and Fall of the Soviet Empire by Juri Lina (has the names of the assassins)

          The Third Rome: Holy Russia, Tsarism & Orthodoxy by Matthew Raphael Johnson

          Last Days of the Romanovs by Robert Wilton (was British correspondent in Russia for many years)

          Beasts of the Apocalypse by Olivia Marie O’Grady 1959

          Putin’s Russia – Past Imperfect Future Uncertain Edited by Dale R Herspring
          Ultimate Things: An Orthodox Perspective on the End Times by Dennis E Engleman
          The Solzhenitzyn Reader – New & Essential Writings Edited by E E Ericson, Jr & D J Mahoney (this has a couple of chapters of “Two Hundred Years Together which is unobtainable in English)
          First Person: An Astonishingly Frank Self-Portrait by Russia’s President by Vladimir Putin 2000
          Russia’s Agony by Robert Wilton (see above)
          The Russian Question at the end of the Twentieth Century by Alexsandr Solzhenitsyn
          August 1994: The Red Wheel 1 by Aleksandr Solzhenitsyn
          Alexander II: The Last Great Tsar by Edvard Radzinsky
          The Last Tsar: The Life & Death of Nicholas II by Edvard Radzinskey
          Land of the Firebird: The Beauty of Old Russia by Suzanne Massie
          The Romanovs: The Final Chapter by Robert K Massie
          Peter the Great: His life & World by Robert K Massie
          Putin’s Russia by Lilia Shevtsova

          I have the Gulag books by Solzhenitsyn, but haven’t read them completely. Like you, Russia and its peoples fascinate me. Would you guess? 🙂

          • DaphneO on May 7, 2013 at 10:07 pm

            August 1994 by Solzhenitzn should read 1914. Sorry.

            I also have more chapters of 200 Years Together which I was able to get from a gentleman who is translating them. Not many of this two volume book.

  3. Gail on May 6, 2013 at 4:20 am

    Great Interview Joseph. Thank you for all your work. It is hard enough for the rest of us to sound the bell of warning, we are all used to be derided by friends and family by now, so interviews such as yours and your articles help to give credibility to the rest of us.

    Three issues. 1. From the outside looking in and I am sure from the inside even more so, people are gobsmacked by the fact that the law has not taken it’s course and criminal bankers and politicians get away with murder and continue to act with impunity. The frustration is growing by the day. It appears that there are no “good guys!” Which leads to a massive sense of desperation.

    2. Jim WIllie shoots from the hip and i have found him to be reliable. In an interview in as early as June/July last year he mentioned that if depositors did not actually have their “:Gold in hand,” that there would come a day when they would discover that it was not there to begin with. We see this unfolding now.

    3. Speculating…. as you are so fond of saying. I speculate that the Vatican has more gold in those catacombs than anyone knows of. Their association with J.P.Morgan raises more questions than answers. The Pope both past and present consistently call for a One World Bank… and One World Religion. Perhaps their ultimate card will be played when the total reset has to a Gold standard as opposed to the dollar is accomplished, they will be holding that wining hand. . As such Europe, the EU and North America will be beholden to them for their survival in a total economic meltdown. … one could say, Jesuit Fascist mission accomplished.

  4. Yaj on May 5, 2013 at 4:25 pm

    Why imply the empire building is new thing only introduced to human history in the last 100 years?

    Also before the Federal Reserve, private US banks pretty much made up monies too.

    And yet again gold has no particular value, except as speculation.

    • Joseph P. Farrell on May 5, 2013 at 4:31 pm

      Yaj, I am not implying any such thing as empire-building is a new thing introduced only in the last 100 years. I would be grateful if you would credit me, for once, with a LITTLE understanding.

      • Yaj on May 6, 2013 at 6:20 am

        Quoting from above, in particular the second smaller paragraph most certainly implies that to your mind empire building is an invention of the last 100 years:

        “These are all, of course, just questions. But they do, I believe, illustrate a debate that has not been happening. The last 100 years has been the century of The Creature from Jekyll Island, the Century of the Federal Reserve and all bankster claptrap that has ensued therefrom: BIS, IMF, World Bank…and oh yes, let’s not forget the Old Lady of Threadneedle Street, Montague Norman, the Strongs, Hjalmar Schacht, and all the rest.”

        “The last fifty years of that century has been the history of fraud and empire building on a massive scale, empire building only made possible by ignoring such questions.”

        I certainly credit you with suggesting that gold can be made, in “Cover Wars”, and credit for acknowledging the idea that energy can/is a form currency.

        But after some other problematic blog posts, credit got weakened.

        • Joseph P. Farrell on May 6, 2013 at 6:38 am

          Sorry Yaj, but that’s just plain insulting. You’re gone.

          • Yaj on May 6, 2013 at 4:41 pm

            Yes, well it’s pretty insulting to see you post anti-Semitic imagery in your blog, and it’s pretty insulting how much holocaust denial runs through the these comment. Then separately there are the comments advocating death the jews. These events have all happened in this blog and comments.

            Then of course there was the ignorant and theocratical declaration about the system of governance in the USA. More teatard dung dressed up as thinking.

            You’ve got to get beyond the cliché of the thoughtless right wingers.

          • Joseph P. Farrell on May 6, 2013 at 6:25 pm

            For your information, Yaj, my late brother-in-law, who took care of my late sister, was Jewish. You know what he told me? Let the anti-Jewish people talk; they condemn themselves. It has stuck with me. So to accuse me of advocating death for Jews is both ignorant (I never would and have made that abundantly clear), and stupid. You have to get beyond the cliche of thoughtless LEFT wingers.

          • Robert Barricklow on May 6, 2013 at 6:03 pm

            Well Yaj, Truman had a sign,
            “The Buck Stops Here!”

            Is yours,
            “The Truth Stops Here!”

            Just asking.

          • Margaret on May 6, 2013 at 7:19 pm

            Give a man rope enough and he will hang himself … it’s an egotistical fool who insults the host at his own party.

        • Frankie Calcutta on May 6, 2013 at 9:44 am


          I think Dr. Farrell probably just figured out you are a psychic vampire— probing the internet chat rooms seeking out the psychically sensitive in order to feed off their energy and in the process weaken and distract them. I was on the receiving end of it a few times myself until I finally figured out what you are up to. It is amazing that that the interconnectedness of the internet has not only given you vampires a whole new playing field, but has allowed you to flourish. It certainly validates some of Dr. Farrell’s core theories about the physical medium.

          May the psychically vulnerable beware! Even the internet has its dangers and pitfalls.

          • Yaj on May 6, 2013 at 4:34 pm

            Ah yes Frankie because your so honest and provide so much non received talking points–not.

  5. marcos toledo on May 5, 2013 at 1:37 pm

    I may I interest you J.P.Farrell in a tv show the Americans that just rape up it first season on the FX Network. It’s the Reagen era Soviet=American KGB-FBI rivalries from the perspective of two soviet moles. Fascinating view of what was going in the eighties. So the west is broke and we will all be eating out garbage cans if we are lucky except for the Uber Rich the Banksters have won for moment may their fall come soon for our lives sake.

  6. Kathie on May 5, 2013 at 11:59 am

    Great interview with Dr. Farrell on RedIce Radio at this link below. The concept that post WWII led to the secret stash of $6 Trillion of Gold which in Joseph’s theory gave the victors ability to engage in covert wars and worse is very sound, documented and very easily understood because Joseph puts the facts together in the book Covert Wars (and other books which are foundations for this theory). I have found that post 911 with all that has happened in the past eleven years right up to the current events of this year, becomes much more understandable. I totally respect Dr. Farrell who is “alive” with the very fabric, the very DNA of the “Breakaway Civilizations.


    Covert Wars & Breakaway Civilizations is just one of the best yet of Dr. Farrell’s books. I also have been listening to Dr. Farrell on the Byte Show. To date their are about 18 hours of interviews by GeorgeAnne Hughes of the Byte Show. Here is a link to the youtube channel for They Byte Show

    • Robert Barricklow on May 5, 2013 at 12:47 pm

      Thanks for the links Kathie.

      I too agree with you, Dr. Farrell’s ability to put his scholarship into context that is easy to understand, is a God send.
      This gives his readership an understanding, which underscores what is operating under the current events; causing the titanic paradigm shifts, like those he references in the above “Finacial Treachery & World Consequences”.

      Thanks again, for those posts, as I copy and send those(like yours) to friends & family.

    • DaphneO on May 6, 2013 at 10:56 am

      Hi Kathy, we’re on the same page!
      I listened to Dr Farrell yesterday on Red Ice, Brilliant as usual.
      And I have listened to every episode on The Byte Show, sometimes twice.
      Seems I can’t get enough! 🙂
      I have learned so much.

      Having learned from GATA and others for so many years, and I am appreciating Dr Farrell’s new (to me) and deeper understandings a great deal.

  7. Robert Barricklow on May 5, 2013 at 8:30 am

    From the virtual worlds of black box trading to dark pools of Geneva to localized currencies(with no stoage-based faculties) that “flow” into their communities where human relationships are once again strengthened, where local businesses enjoy advantages over larger foreign corporations , and where investments of time and energy is spent on meeting the needs of the community itself – the paradign shifts are taking place. This is the tectonic plates of shift – between local/international or macro/micro – that are taking place.
    A fighting “fire with fire” doesn’t work for “the people”. Either the money(simply a measure mechanism for “tranfer”) controls we the people. Or, “we the people” control the money.

  8. LSM on May 5, 2013 at 7:55 am

    off-topic (and I apologize profusely to all): Dr. Farrell, I just listened to your recent incredible RedIce interview (your interviews are always riveting- can’t get enough of them) and I latched immediately on to your brief comments about Stalin/Putin/Romanovs (I’ve always had a rabid fascination for Tsarist Russia- can’t explain it)- especially that Putin most probably adheres to a much older culture (yes, I know, you’ve stated that before)- could it be the Romanovs were the last elitist faction that went ‘rogue’ (Tsar Alexander II actually trying to help the general public/serfs- not to mention his help in the American Civil War)-

    then enter the Summers/Mangold book “The File on the Tsar” (IF this book has credibility)-

    years ago I read (can’t remember source- me bad!) that the Tsarevitch (after succesfully getting his haemophelia under control) became a high ranking indivdual in Stalin’s secret service (but the info may be bogus- I just don’t know)-

    am just trying to connect dots-

    Dr. Farrell, I just wish you’d publish a book about your knowledge of Russian history- would interest me (and am sure many others) greatly-

    and then we have Edgar Cayce’s statement: “the hope for the world will emerge out of Russia”- so look where we’re at: seems like the only media source trying to peel away onion layers is RT- well, I guess it’s a start-

    stay well Dr. Farrell and all- many regards-

    Larry in Germany

    • DaphneO on May 6, 2013 at 11:11 am

      I’ll continue off topic for a moment Larry,
      You see, I too have this fascination with Russia.
      Like Dr Farrell I too believe Putin to be a nationalist of he tsarist type.

      After much reading, Larry, i am of the belief that Tsarevitch was murdered along with the rest of his family, including Anastasia! I have read the stories.

      However, I also was aware of Cayce’s prophecy and have the hope that “Mother Russia” will play a positive role in our future. I believe it is only Russia that is keeping the US and Israel from destroying Syria at this moment and then moving on to Iran.

      And like you, I would love to hear much more from Dr Farrell on this subject!

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