The Rumor Mill News Reading Room
Posted By: Jordon [Send E-Mail]
Date: Sunday, 22-Jul-2012 05:49:44
An astounding report prepared by the Ministry of Finance for President Putin today estimates that up to $35 Trillion in assets owned by what are estimated to be the 10 million individuals classified as “global elites” has been lost to global tax havens over fears that President Barack Obama is about to “shatter” the United States “permanent war economy” that has been in place since 1944.
The amount of this staggering elite money hoard, which dwarfs the entire United States economy (the world’s largest) was confirmed by the Tax Justice Network (TJN) whose spokesman, John Christensen, told London’s Guardian News Service yesterday:
“In total, 10 million individuals around the world hold assets offshore; but almost half of the minimum estimate of $21tn – $9.8tn – is owned by just 92,000 people. And that does not include the non-financial assets – art, yachts, mansions in Kensington – that many of the world's movers and shakers like to use as homes for their immense riches.”
The CEO of General Electric and vice-chairman of the War Production Board, Charles Edward Wilson (1886-1972) warned at the close of World War II that the US must not return to a civilian economy, but must keep to a “permanent war economy” thus creating the Military-Industrial Complex (MIC) (aka. “The Iron Triangle”) whereby the collusion between militarism and war profiteering became manifest as a permanently subsidized industry.
Between the years of 1944-1961 the power of this Military-Industrial Complex had became so great that President Dwight D. Eisenhower (1890-1961) in his last address to the American people on 17 January 1961 warned:
“In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for the disastrous rise of misplaced power exists and will persist.
We must never let the weight of this combination endanger our liberties or democratic processes. We should take nothing for granted. Only an alert and knowledgeable citizenry can compel the proper meshing of the huge industrial and military machinery of defense with our peaceful methods and goals, so that security and liberty may prosper together.”
Upon taking over the leadership of the United States from Eisenhower in 1961, President John F. Kennedy (1917-1963) waged a relentless battle against the Military-Industrial Complex refusing to invade Cuba during the Bay of Pigs debacle, refusing to start nuclear war during the Cuban Missile Crisis (even though his military advisors were demanding it), stopped atmospheric nuclear testing and had began the process to withdraw troops from Vietnam.
Upon Kennedy’s assassination in 1963 his successor President Lyndon B. Johnson (1908-1973) fully embraced the Military-Industrial Complex guaranteeing the survival of the “permanent war economy”.
Read more: http://www.whatdoesitmean.com/index1599.htm