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The Money Changers Serenade: A New Plot Hatches ~ Paul Craig Roberts

Former Treasury Secretary Timothy Geithner, a protege of Treasury Secretaries Rubin and Summers, has received his reward for continuing the Rubin-Summers-Paulson policy of supporting the “banks too big to fail” at the expense of the economy and American people. For his service to the handful of gigantic banks, whose existence attests to the fact that the Anti-Trust Act is a dead-letter law, Geithner has been appointed president and managing director of the private equity firm, Warburg Pincus and is on his way to his fortune.

A Warburg in-law financed Woodrow Wilson’s presidential campaign. Part of the reward was Wilson’s appointment of Paul Warburg to the first Federal Reserve Board. The symbiotic relationship between presidents and bankers has continued ever since. The same small clique continues to wield financial power.

Geithner’s career is illustrative. In the 1980s, Geithner worked for Kissinger Associates. In the mid to late 1990s, Geithner served as a deputy assistant Treasury secretary. Under Rubin and Summers he moved up to undersecretary of the Treasury.


This column first appeared as a Trend Alert, Trends Research Institute

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As I see it

This author thinks that the Rothschild bankers are inflating money to stop people from saving money to make the bankers books look better.

They feel that by charging fees on savings accounts that people will stop saving and spend their savings.

What fools. If the bank charges fees to save people will simply go buy home safes and put their savings in them rather than pay a criminal bank for a service that the bank should be paing the saver.

The bankers can not loose as long as the central banks of the Rothschild family are alowed to counterfeit unlimited quantities of sovereign curiencies.

Its like playing monopoly with the banker continously sneaking new money into the game subverting the players with under the table deals and agreements. Inflating the property values.


PCR was a gov't official at

PCR was a gov't official at one time?

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Assistant Secretary Of The Treasury For Economic Policy, 1981-82

"Bipartisan: both parties acting in concert to put both of their hands in your pocket."-Rothbard