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Study of the Hegemony of Parasitism - michaeljgoodnight.com

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Woodward, continues to be supported by <strong>the</strong> Federal<br />

Reserve System. The Federal Reserve System<br />

maintains close ties with <strong>the</strong> Gosbank, <strong>the</strong> Soviet Central<br />

Bank, which controls <strong>the</strong> Communist Party <strong>of</strong> <strong>the</strong> USSR.<br />

Gosbank employs 5000 economists, and is known as a<br />

"passive", ra<strong>the</strong>r than an "active" bank <strong>of</strong> issue, meaning<br />

that it follows orders from o<strong>the</strong>r sources, as does <strong>the</strong><br />

Federal Reserve Board <strong>of</strong> Governors. The Gosbank-<br />

Federal Reserve System "cooperation" in Soviet financial<br />

letters is handled through <strong>the</strong> Bank for International<br />

Settlements in Switzerland.<br />

In 1949, <strong>the</strong> present flood <strong>of</strong> "Eurodollars" originated as<br />

European deposits <strong>of</strong> Communist dollar hoards in <strong>the</strong><br />

Soviet Eurobank <strong>of</strong> Paris, Banque Commerciale pour<br />

Europe du Nord. The financiers <strong>the</strong>n realized <strong>the</strong>y<br />

created a new and even more untraceable source <strong>of</strong><br />

paper money which had no backing. Anthony Sampson<br />

writes that "The more cosmopolitan banks with foreign<br />

experts and directors, such as Warburgs, Montagus,<br />

Rothschilds and Kleinworts, had also discovered a huge<br />

new source <strong>of</strong> pr<strong>of</strong>its in <strong>the</strong> market for Eurodollars."<br />

These pr<strong>of</strong>its now [mid 1980s] amount to some two<br />

trillion dollars, all <strong>of</strong> which are obligations <strong>of</strong> <strong>the</strong><br />

American taxpayer. This Ponzi operation was made<br />

possible by <strong>the</strong> exclusive "Central Bankers Club", <strong>the</strong><br />

Bank for International Settlements, which had been<br />

established by Hjalmar Schacht, financier <strong>of</strong> <strong>the</strong> Nazi<br />

movement, Emile Francqui, guiding genius <strong>of</strong> Hoover's<br />

Belgian Relief Commission, and John Foster Dulles, heir

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