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Chapter 23—Professor Quigley named top players in the cabal

Jul 16, 2020

Mystery Babylon and the Stone Kingdom, part 28—New dynasties of political control

Where we left off, we were learning about how Cleon Skousen exposed the real value of Dr. Carroll Quigley’s Tragedy And Hope as not so much “a history of the world in our time” (as its subtitle suggests), but rather as a bold and boastful admission by Dr. Quigley that there actually exists a relatively small but powerful group which has succeeded in acquiring a choke-hold on the affairs of practically the entire human race!

What Skousen has shown (most likely unwittingly) was how Quigley was admitting the existence of what we have identified in this series as Mystery Babylon, especially in its financial garments. Skousen continues:

(quote) Dr. Quigley assures us that this type of global power structure is on the verge of becoming a total reality. He points out that during the past two centuries when the peoples of the world were gradually winning their political freedom from the dynastic monarchies, the major banking families of Europe and America were actually reversing the trend by setting up new dynasties of political control through the formation of international financial combines. [Emphasis mine—JWB]

Dr. Quigley points out that these banking dynasties had learned that all governments must have sources of revenue from which to borrow in times of emergency. They had also learned that by providing such funds from their own private resources, they could make both kings and democratic leaders tremendously subservient to their will. It had proven to be a most effective means of controlling political appointments and deciding political issues.

We quote Dr. Quigley verbatim as he describes how these banker families evolved into vast, secret pockets of power. ...

“In time they brought into their financial network the provincial banking centers, organized as commercial banks and savings banks, as well as insurance companies, to form all of these into a single financial system on an international scale which manipulated the quantity and flow of money so that they were able to influence, if not control, governments on one side and industries on the other. The men who did this ... aspired to establish dynasties of international bankers and were at least as successful at this as were many of the dynastic political rulers.” (p. 51)

“The greatest of these dynasties, of course, were the descendants of Meyer Amschel Rothschild (1743-1812) of Frankfort, whose male descendants, for at least two generations, generally married first cousins or even nieces. Rothschild’s five sons, established at branches in Vienna, London, Naples, and Paris, as well as Frankfort, cooperated in ways which other international banking dynasties copied but rarely ex­celled ...

“The names of some of these [other] banking families are familiar to all of us and should be more so. They include Baring, Lazard, Erlanger, Warburg, Schroder, Seligman, the Speyers, Mirabaud, Mallet, Fould, and above all Rothschild and Morgan.” (pp. 51-52) [end of quote from Skousen quoting Quigley]

After listing all those Jewish international banking families, Skousen then inserts a half a page telling us why this is not a Jewish conspiracy, after which he continues quoting Carroll Quigley...

(quote:)  “... they remained different from ordinary bankers in distinctive ways: (1) they were cosmopolitan and international; (2) they were close to governments and were particularly concerned with questions of government debts ... (3) their interests were almost exclusively in bonds and very rarely in goods ... (4) they were, accordingly, fanatical devotees of deflation ... (5) they were almost equally devoted to secrecy and the secret use of financial influence in political life.

“These bankers came to be called ‘international bankers’ and, more particularly, were known as ‘merchant bankers’ in England, ‘private bankers’ in France, and ‘investment bankers’ in the United States. In all countries they carried on various kinds of banking and exchange activities, but everywhere they were sharply distinguishable from other, more obvious, kinds of banks, such as savings banks or commercial banks. (p.52)

“One of their less obvious characteristics was that they remained as private unincorporated firms, usually partnerships, until relatively recently, offering no shares, no reports, and usually no advertising to the public. This risky status, which deprived them of limited liability, was retained, in most cases, until modern inheritance taxes made it essential to surround such family wealth with the immortality of corporate status for tax avoidance purposes. [And let me interject here, the giant tax-exempt foundations were also a key part of the Insiders’ plans to retain control over their wealth—JWB]

“This persistence as private firms continued because it ensured the maximum of anonymity and secrecy to persons of tremendous public power who dreaded public knowledge of their activities as an evil almost as great as inflation. Consequently, ordinary people had no way of knowing the wealth or areas of operation of such firms, and often were somewhat hazy as to their membership.

“Thus, people of considerable political knowledge might not associate the names of Walter Burns, Clinton Dawkins, Edward Grenfell, Willard Straight, Thomas Lamont, Dwight Morrow, Nelson Perkins, Russell Leffingwell, Elihu Root, John W. Davis, John Foster Dulles, and S. Parker Gilbert with the name “Morgan,” yet all these and many others were parts of the system of influence which centered on the J. P. Morgan office at 23 Wall Street. This firm, like others of the international banking fraternity, constantly operated through corporations and governments .... (pp. 52-53)” [end of quote from Skousen quoting Quigley]

Again, allow me to comment: Those names are probably not familiar to most people now in the year 2020-2011, but we all recognize the name of JP Morgan. It has since evolved to become the largest bank in America, having just surpassed Bank of America.

Oh, and the address of 23 Wall Street is very famous in global financial circles since it has been the headquarters of J.P. Morgan for over a century, and we all know from Ron Oja’s teachings how 23 is the number associated in the Bible with death, and that is because we have 23 chromosomes from each of our parents and we are programmed for death.

So if we double 23, we have a total of 46 chromosomes and 46 was the number associated with Herod’s temple, and lo and behold, the Occupy Asheville meeting was held at 23 Wall Street times 2, at 46 Wall Street in Asheville. Hmmm....do you think there is a spiritual connection there?

Anyhow, since the mid-20th century, the names of the players have changed, and although JPMorgan Chase is still a primary player in Financial Mystery Babylon, the names of persons who were partners or top executives and with associated with Goldman Sachs are perhaps more familiar to us.

This comes from the New York Times, October of 2008. “Indeed, Goldman’s presence in the [Treasury] department and around the federal response to the financial crisis is so ubiquitous that other bankers and competitors have given the star-studded firm a new nickname: Government Sachs.” The Times points out that Goldman “alumni” include:

  • Former treasury secretary Hank Paulson, a former CEO of Goldman Sachs.
  • Paulson’s bailout chief, Neel Kashkari, who ran TARP, was a Goldman vice president. [Neel (that is the correct spelling) Kashkari is presently president of the Federal Reserve (branch) Bank of Minneapolis.]
  • Then there is Interim Treasury investment officer Reuben Jeffrey and key Treasury players Dan Jester, Steve Shafran, Edward C. Forst, and Robert K. Steel.
  • Also, key New York Federal Reserve players Stephen Friedman (who is head of the New York Fed board of governors), William C. Dudley (head of the New York Fed’s unit that buys and sells government securities), and E. Gerald Corrigan (charged with convening a group to analyze risk on Wall Street). All these men are former associates with Goldman Sachs. Which reminds me of the old saying that there is no such thing as a former CIA agent. [That is hyperbole, as I know there are exceptions.—JWB]

Now recalling the pressure from above, pressure from below tactic, we know that throughout the past couple of years of financial crises, Congress finally acted to clamp down on Wall Street, didn’t they?

Well, that is what the prostitute news media would have us believe, wouldn’t they? I mean Congress passed what is called the Dodd-Frank bill to keep Wall Street in check. Yeah, right! The bill is named after its two chief sponsors Senator Chris Dodd and Rep. Barney Frank.

With that in mind, it might interest you to know that in April of 2009, that the former top staffer for Barney Frank on his House Financial Services Committee, Michael Paese, became the top Goldman Sachs lobbyist.

At Goldman Sachs, Mr. Paese replaces former Senator Tom Daschle associate, Mark Patterson, who left to become the chief of staff at the Treasury Department, under Treasury Secretary Tim Geithner. Geithner, you might know, was himself formerly head of the NY Federal Reserve Board and a  protégé  of former Goldman CEO Robert Rubin. Rubin, of course, had been President Bill Clinton’s Treasury Secretary.

Now in just the past few weeks, we have heard about all the financial trouble with the Euro, especially in Italy and Greece, and now “our” Federal Reserve System has decided to help bail out Italy, Greece and the Euro.

And suddenly, both countries have new Prime Ministers, who are...you guessed it...alumni of Goldman Sachs. Check it out. Now back briefly to Skousen quoting Quigley:

“The influence of financial capitalism and of the international bankers who created it was exercised both on business and on govern­ments, but could have done neither if it had not been able to persuade both of these to accept two “axioms” of its own ideology.

“Both assumed that politicians were too weak and too subject to temporary popular pressures to be trusted with control of the money system .... To do this it was necessary to conceal, or even to mislead, both governments and people about the nature of money and its methods of operation.” (p.53) [end of quote from Skousen quoting Quigley]

In his 1,300 pages, Quigley had much to say about the giant, tax-exempt foundations, and he basically admitted the truth of the revelations in a book called Foundations: Their Power and Influence, which was written by Rene Wormser, the chief counsel to the Congressional Committee which investigated the giant foundations in the early 1950s.

Wormser’s book details:  

  • how the ultra-wealthy banking and industrial families give their money to foundations but then exercise control how it gets spent,
  • how the giant foundations are all interlocked into a monolithic monopoly of power to carry out globalist policies,
  • how the foundations through their grant-making process have taken control of American education and especially the so-called social sciences.

There is so much more but you get the idea. In a speech he gave in 1952, Wormser made what I found to be a most astonishing suggestion. He said that the giant tax-exempt foundations would become Frankensteins, and that America will arrive at “some form of ...socialism, without consciously intending it…” Now in 2020, are we there?! We shall pick up with the rest of the quotation from Mr. Wormser in the next installment.


Category: Teaching