May 7, 1915 The Sinking of the Lusitania: The Start of WWI and a Classic Example of War ProfiteeringSubmitted by Jefferson on Wed, 05/08/2013 - 02:04
What are the top reasons for war? At first thought, imperial governments or self-defense may come to mind. The truth is war is not possible without people profiting financially. To prevent and end war, peacemakers need to understand the money system that war-profiteers use to make a “killing.”
The same "banksters" or money trust that designed the Federal Reserve have for over two centuries profited from war. Senator Louis McFadden (1876-1936) documented direct involvement in wars in the 19th century. The list of 20th century involvement in promoting wars is long and includes the Lusitania operation in World War I, funding both Germany and England during WW II, helping to create the conditions for the Korean War in 1953 (Korea was intentionally divided in 1945), and beating the drums for war in Vietnam just to name a few. For dozens of current examples on how war debt is driven up by corporations such as Halliburton, see the documentary Iraq for Sale.
Should it be a surprise to anyone that international bankers scheme to profit from wars?
The cycle of debt often starts with selling weapons. Governments go in debt to buy weapons. The weapons manufacturers make money on the sale and the bankers profit from interest on the weapons-generated debt. The weapon sales accelerate if the weapons buyer, usually a government, is faced with a perceived or real threat. The country that buys the most weapons is the U.S. (total weapons purchases exceed the combined sum of all other nations). Not surprisingly, government officials, paid experts (often former government officials), and corporate owned media promote calls for war as agents of this agenda to drive up U.S. debt.