The Rothschild family (known as The House of Rothschild,
or more simply as the Rothschilds) is a European dynasty
of German Jewish
origin that established European banking
houses from the late 1700s. Five brothers of the Austrian branch of the family
were given hereditary baronies of the Habsburg Empire by Emperor
Francis II in 1816. The British branch of the family was elevated into the
nobility by Queen Victoria. During the 19th century, the family possessed by far the largest private fortune
in the world, and by far the largest fortune in modern history.
Although family financial records have not been preserved, at its height in the
mid-19th century, the total family worth spread across Europe would have been,
in today's terms, at the lowest estimates in the many hundreds of billions
($US), if not in the trillions. (Statement
The process that powers the monumentally magnificent manor-mania, is
In a process where vast profits are squelched out, of what is called an
economic system, by which nothing is produced, is a process of thievery. It is a new
form of robbery where the thief no longer comes in the dead of night and climbs
through the window to rob his neighbor while he is asleep. There is no need for
that anymore. It is done now legally with clever schemes that enable 'profits'
to be bagged as loot at the expense of society, in processes that produce
nothing, which exist entirely for the purposes of stealing from one-another.
temples of this thievery have many faces, many of which used to be honorable
institutions, but which now serve the men of the manors and the engines of
The wealth that builds the manors, which have
numerous and diverse in nature as the temples of thievery, which is stolen from
the living of society, is represented in the above illustration by the
difference of the physical economy of society that the wealth is stolen from, and
what are termed the financial aggregates, which is the immobilized wealth of society that no
longer produces anything for its benefits. Obviously, in the days when the above-shown
manor was built, the thievery was 'modest' so that its weight on society was
relatively small, by which the burden could be born without it collapsing the
entire system of thievery itself, though it came close to it in the dark ages.
The historic dark ages were times when the men of the manors were reaching so
deeply into society's pockets that the process of thievery collapsed society's
physical production, which is the only source of any real wealth, and collapsed it
to the point when nothing worked anymore, by which society itself collapsed. In
the last Dark Age in Europe the collapse became so deep that a third of the
entire population of Europe perished.
The above illustration was created by the American Economist
Lyndon LaRouche in the mid 1990s for a presentation at the Vatican to illustrate
the process that is leading to a New Dark Age in our time. He pointed out,
however, that the collapse will be worse this time, because the engines of
thievery have become exceedingly efficient, and far more numerous and
innovative. The temples of thievery have become vast circuses in which games are
played that play the whole of society with the harp strings of deception.
Games that play the people
The games are word-games that play on the people's perceptions to
guide them into their assigned roles as willing fools who sacrifice their living
to the various profit engines, such as the stock markets, investment houses,
commodity speculation, derivatives speculation.
The New York Stock
The stock markets used to be places were people pool their
resources to create productive enterprises whose earnings they would share in
the form of dividends. This has long been superceded. Profits are now drawn from
trading the stock certificates for ever-higher prices, leveraged up artificially
in a processes by which investors steal from each other, as nothing of intrinsic
value is being produced by the process of trading certificates.
people playing games
but games playing the people
The NYSE trading
floor in August 2008
Entire 'industries' now exist that are serving this process of
legal stealing. Nor is the game of stealing from one-another any longer
dependent on the existence of physical assets to be traded. With the dawn of derivatives
a player can now play with 'assets' that don't actually exist, or which anyone ever
intends to own, but which can be traded via contracts in a manner as if they
were real. By this innovation, playing with virtual assets, the game has be
expanded without limits. The game has become a monster that is no longer just
measured in trillions of dollars of instruments traded in the grand process of
gambling. It is now measured in quadrillions.
vast infrastructures for the thieveries have now been built
The center of our cities
have become studded with great castles of thieveries of
countless descriptions, which exist for no other purpose than to garner profit.
They consume not only the living of society, but also the very life of people as well, by
tying up the productive capacity of the individuals of society into non-productive pursuits.
people now enter the great glass castles every day - the great modern manors - and spent a large
portion of their life there to earn a living in a process but which nothing of
any intrinsic value is produced, so that nothing ever comes out of these citadels of folly. Nothing is
produced there that benefits society.
The great engines of thievery don't
benefit anyone, including the thieves themselves. Even the few services that by their
nature actually benefit people, such as the services that provide healthcare,
have become engines for profit, engines of thievery, to the point that fewer and
fewer can afford the services.
We have now reached the point that almost nothing is real
anymore. The real physical economy that supports society's living is fast
disappearing. It has been largely looted out of existence, while the assumed
value of money and financial aggregates is not real anymore either. Its assumed
existence is held up by fakery. There was a time when it was assumed that the
immensely intensified money pumping - starting with the great Bank Bailout from 2007, would
keep the fictitious system afloat. However, the newly created money was not channeled into
productive enterprises, new infrastructures, industries, and physical economic
development. The bailout money merely strengthened the thievery. It strengthened
it to the
point that money-pumping is no longer sufficient to keep sky-castles of the
financial aggregates afloat. Sure, exotic mathematical processes have been
developed that show that the fakery is actually productive and that a recovery is
in progress. But that is pure fakery. If one ignores what is actually causative
in an economy, what causes the productive processes that supply society's needs,
then the real economic system is collapsing that all the financial and monetary
aggregates are a claim against, which are thereby also collapsing. We are now at
a point where the whole house of cards is threatening to blow away with the
wind, as nothing real exists anymore, leaving in its wake a New Dark Age in which far fewer will be able to
survive than did in the times of the last Dark Age when a third of Europe perished
in indiscernible agonies.
Lyndon LaRouche had upgraded his
triple curve (example above) in recent
years, the curve that represents the system of imperial monetarism. He upgraded
it, to show that
the acknowledged values of the financial aggregates are already collapsing, as no
game of perceptual gimmickry could hide the reality any longer that the entire value system is
fake, and that the whole system is bankrupt.
It is plain to see that when the
productive physical economy has been bankrupted by destruction and looting,
which is the only real wealth-creating engine in economic terms, then everything
that has been leveraged up onto the back of it, by massive fakery is likewise bankrupt. When the real is destroyed, then all the fakery, no matter how
fancy and mathematically elegant it appears, represents nothing, as nothing of real
The fakery is impressive, but it is misleading.
Price Profit Ratio
In the above graph of stock value ratios, huge gains are
indicated. However, in this presentation the collapsing physical economy has
been left out of sight. Nevertheless the illustration, which represents actually
perceived market values, reflects in principle the exponential rise of perceived
values that we see in LaRouche's triple curve, with which LaRouche was forecasting what
would inevitably happen by considering the actually causative factors in real economic
Considering that today's stock market represents less than 1/100th of the world's financial gambling arena the actual
increase in the intensity of the
financial thievery is correspondingly 100 times greater.
really is big?
Let's make a comparison with
something that is comprehensible
in terms of actual physical living. Let's take the lifetime earnings of the
average family in the USA, in the lower 80% of the income bracket. The lifetime
earning for an average worker is roughly a million dollars. Some earn less, some more. This
average lifetime income thereby adds up a stack of thousand dollar bills that is
inches high (.0043 inches per bill). But in the world of the big casinos the
players don't talk in terms of millions anymore, they talk in terms billions of dollars.
A billion dollar stack would
by the same ratio be 4,300
inches high, or 358 feet. It wouldn't quite have reached up to the height of the
first sky lobby of the World Trade Towers in New York, before the towers were
'bombed' into the ground for various forms of profiteering. Still it would have
been more than a quarter as tall one of these towers, and all in 1000 dollar
World Trade Center in
New Your City prior to 9/11/2001
Of course, in today's world a billion dollars isn't an
outstanding amount anymore either. For example the Mayer of New York City is reported
to have amassed a private 'fortune' of roughly $40 billion over the course of a decade,
which qualified him to become a presidential contender in 2009. The forty
billion that he had so assiduously earned would be equal in size to a pile of thousand dollar
notes stacked 14,320 feet high (nearly half as high as Mt. Everest) or more than
ten stacks of thousand dollar bills, each one as high as the World Trade Towers
However, $40 billion are small potatoes in the world of high-finance
thievery. Too many billionaires and multi-billionaires now litter the landscape
of the brave new world of bold-faced grand thievery. And with this massive
thievery come debts. In order to survive under the thievery, society goes into
debt. It has to. Only a few accept the fate and roll over and die. The rest take
on debt and keep on living. Even the governments themselves find themselves
forced into this mode as the thievery system is collapsing their income. A
collapsed economy is lean of paying taxes.
On this road
of debts have been forced onto society by its subjection to thievery, typically as a means for supporting their
living. The U.S. national debt has thereby risen to $13.7 trillion (2009), or 94 % of the
nation's gross domestic product. This debt is so large now that a stack of thousand
dollar bills laid on its side face to face, would stretch across 950 miles to
represent the size of it.
However, this amount is still small, because it does not include the cost of the
recent and still ongoing bailout packages that the U.S. government has heaped onto the backs of the
taxpayers, of which the TARP program alone amounted to over $24 trillion in new
debt, as reported
in 2009 by the comptroller of the TARP program. Since the FED has also been
handing out by its own volition over $12 trillion in 'loans' in addition to the
bailouts, the total debt burden to
the U.S. tax payers likely adds up to something in the neighborhood of $50 trillion,
and that's a stack of thousand dollar bills almost 3,400 miles long. This stack would
stretch from Los Angeles to New Your City, right across the country, coast to
coast, and continue on for 500 miles out to sea on both coasts.
That this huge debt will ever be repaid by a nation that
currently cannot even hold its own, is self-evident. But this estimated $50
trillion dollar debt, is still small, as it does not include the outstanding
corporate debts, credit card debts, and consumer and private debts. However, all
of these figures, no matter how large they might be, still pale in comparison
with the global derivatives gambling casino, that has been variously estimated
to be on the order of $1.5 quadrillion. This means that the stack of thousand
dollar bills that is riding the dice would be over 100,000 miles long. It would
stretch four times around the world. That's a lot of thousand dollar bills that
the high-roller thieves are playing with, though they don't actually play with
The trouble with
the derivatives casino is, that it runs a game for
profiteering that has no longer any physical assets attached to it. This has
been set up in order that the
gambling game can be made as large as the gamblers want it to be, without it
being limited by anything real. However, when
it comes to the winnings, that gamblers expect them to be paid out in tangible
assets that can stand as an additional claim against the physical economy.
That's when the troubles start. And that's, in essence, what started the big bailout rounds from 2007 onward. The gamblers who
have played with huge stakes in virtual money, suddenly wanted real money for their
winnings. The banks and investment houses didn't have the funds to satisfy their
contract, so, the governments were obliged to step in and bail out the banks'
obligations to the high-stakes gamblers.
Officially the public debt has now become so large, that
the nations' living has to be sacrificed for it, forcing austerity on the
population, vast cuts is social entitlements, and the elimination of all but the most minimal social safety
nets, including even the elimination of health care, to the point that a few non-elected commissioners
have the power under the imposed austerity regime to decide who gets medical treatment, and who is left to die.
However, the official story doesn't add up, because no amount of cutting and sacrificing
can salvage the dead and bankrupt system that the grand thievery machine has
become. This means that the austerity dictates have evidently a separate
objective. The objective simply is, now that the USA has been bled dry, to irradiate
the USA as a nation in the manner in which an empire typically treats its arch enemy, which the
USA has been to the imperial machine since it split itself off from the British
Empire with the declaration of its independence.
And that is where we stand
today. With its vital productive industries nearly all shut down, its financial
system overloaded with debt, its skilled workforce thrown onto the scrap heap,
its energy system decimated, its farming stretched to the limit by price cutting
and under-funding, the path is at last clear for the masters of empire to
implement the kind of
depopulation that they have always desired, the reduction of the
population of the USA by 90% so that the renaissance spirit on which the USA was founded
will never challenge the masters of empire again to hinder their quest for world
But it may not come to that,
because there is a way out. The way out
of this trap is simple: to start a new economic system that actually works, that
is productive and wealth creating, and is not self-collapsing. The process for
getting there is simple:
To let go of the thievery system
in favor of real economics
In real terms this means, putting the entire worldwide
monetarist thievery system into bankruptcy reorganization as Lyndon LaRouche has
emphasized on numerous occasions. It means, dropping the debt creating by thievery, and to rebuild the world on a platform of national directed
credit creation for productive purposes, and to re-regulate all banking functions
to a Glass Steagall standard that limits the banking activities to those functions
that serve the nation. On this platform the world can be rebuilt, as LaRouche
also emphasized on numerous occasions.
With national credits
becoming poured directly into productive
activities, inflation is never possible, because the wealth produced in physical
production gives a nation's currency ever greater value through the productive
process. It thereby gives a nation ever
Currency speculation for increased thievery would become a thing
of the past on the road of universal wealth creation. Indeed, who would think of stealing then when the real wealth of
society lies in its common good?
LaRouche's understanding is that in a
well-developed economy the physical output will eventually grow so fast that it
will far supercede in
value the financial inputs for creating it. This would be the natural result of the ever-greater
creative power of a well developed economic system, based on the most leading
edge technologies, honest science, and automated production methods powered
by nuclear power.
The principle for this accomplishment is not a new one.
principle has been at the heart of every renaissance. It ended 80
years of war with the Treaty of Westphalia in 1648, when it was called then
principle of the advantage of the other." This principle at this time became the great light
that gave Europe its life and its dignity back, and in the course of it had
motivated the founding of the USA. This principle, which is also called the Principle of
the General Welfare on which the USA nation was founded, can become the
nation's heart once again and become the beacon that will draw the eyes of the
entire world to it, and also its hands in cooperation.
The LaRouche proposed 4-powers cooperative union
as a minimal platform to end the thievery system of empire
and its main driving force, the old British Empire.