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6139008-History-of-Money

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anks for 7 cents on the dollar. In 1930, The Rockefeller Foundation had started and financed certain studies known asThe War and Peace Studies, manned largely by associates <strong>of</strong> the Council on Foreign Relations; the State Department, indue course, took these Studies over, retaining the major personnel which The Council on Foreign Relations had supplied.On June 1, 1932, Socal (now Chevron) struck oil in Bahrain, the first strike in the Arabian peninsula. In 1933 BP extendedits Iranian lease for another 60 years. Gulf joined with BP to explore a Kuwaiti concession in 1934. But 1938 marked themajor turning point in Middle East oil history: Gulf and BP struck the Burgan field in Kuwait, and Chevron struck oil inSaudi Arabia. In 1933, Franklin Roosevelt, one <strong>of</strong> the Syndicate's front men issues Presidential Executive Order <strong>of</strong> April 5,1933 requiring all Americans to take their gold bullion, gold coins, and gold-backed currency to their banks and exchangethem for paper currency that was not redeemable in precious metal. The banks, in turn, were required to deliver the goldand gold coins to the Federal Reserve Bank. President Roosevelt (CFR) declared the US. bankrupt and signed over U.S.monetary power to World Bankers (Rothschilds/Rockefellers - Illuminati). It became illegal to own gold so all US citizensell their gold to the FED. Franklin D. Roosevelt, U.S. President, in a letter written Nov. 21, 1933 to Colonel E. MandellHouse, states: ... "The real truth <strong>of</strong> the matter is, as you and I know, that a financial element in the large centers hasowned the government <strong>of</strong> the U.S. since the days <strong>of</strong> Andrew Jackson.The Newstates Constitution written by Rexford G. Tugwell in concord with 100 other social changers, at the Center for theStudy <strong>of</strong> Democratic Institutions in Santa Barbara, California, was financed by the Ford and Rockefeller Foundations. In1934, The NEA (National Education Association) financed largely by the Rockefeller and Carnegie foundations, adopts JohnDewey's philosophy <strong>of</strong> humanism, socialism, and globalism, and incorporates it into the classroom. While all <strong>of</strong> this isgoing on, Dewey manages to slip away to Russia for a time to help organize the Marxist educational system there.Chevron’s history goes back to wildcatter Frederick Taylor, who struck oil in California in the 1870s. In 1879 he joinedwith other small operators to form Pacific Coast Oil in order to compete with John D. Rockefeller's Standard Oil inCalifornia. In 1900 Standard bought Pacific Coast. When Standard Oil was broken up by the Supreme Court in 1911, thecompany's West Coast operations were lumped together in the Standard Oil Company <strong>of</strong> California . This was based inSan Francisco. The company quickly became known as Socal, but began marketing under the Chevron name. Socalcontinued to explore in Louisiana and the Gulf <strong>of</strong> Mexico and in 1961 expanded its gas station empire by buying theStandard Oil Company <strong>of</strong> Kentucky.Rockefeller's first intent was to regain majority control <strong>of</strong> "his" companies. The venerable firm <strong>of</strong> Brown Brothers,Harriman was engaged to handle the Rockefeller business interests. Employed at the firm were George Walker and hisson-in-law, Prescott Bush. In 1926, Exxon merged its corporate interests with IG Farben <strong>of</strong> Germany (the same year thatIbn Saud consolidated control <strong>of</strong> the Kingdom bearing his name). In 1927 May 20, Saudi Arabia became independent <strong>of</strong>Great Britain with the Treaty <strong>of</strong> Jeddah. In 1931, Mohammad bin Laden immigrated to Saudi Arabia from Yemen. Heestablished a construction business and built close ties with the king. In 1931, Osama bin Laden was born in Jeddah to aSyrian mother. He was the 17th <strong>of</strong> 51 children <strong>of</strong> Muhammad bin Laden, a baggage carrier, who left Yemen in 1931.Muhammad and his brothers were the founders <strong>of</strong> a prosperous construction company. By 1933, the year Hitler tookpower, the concessions to the Saudi and Bahraini oilfields were controlled by SoCal (Standard Oil <strong>of</strong> California), one <strong>of</strong> theRockefeller companies. On May 29 th 1933, Saudi Arabia gave Standard Oil <strong>of</strong> California exclusive rights to explore for oil(www.chevron.com) and in November a subsidiary named California Arabian Standard Oil Co was established. In 1938Jan, Standard Oil <strong>of</strong> California found some gas and oil at their 1st Saudi Arabia test well, Damman No. 1.(www.chevron.com). In 1936 on Mar 3, Standard Oil <strong>of</strong> California struck oil at Damman No 7. Aramco made the firstcommercial oil find in Dhahran, Saudi Arabia. The English Arabist, H. St. John Philby, orchestrated the Aramco concessionin Saudi Arabia. (HN, 3/15/98)(WSJ, 3/8/99, p.A16)(SFEC, 6/27/99, p.T3)(www.chevron.com). Standard <strong>of</strong> California(later Chevron) discovered more oil than it could sell in Saudi Arabia and so turned to the Texas Company to establish ajoint venture called Caltex to sell the oil - the California Texas Oil Company - with Texas Oil Co (later Texaco) in order tocope. The 1930s saw the Texas Company expanded nationwide across the United States.In 1944, the Saudi operationsbecame known as the Arabian American Oil Company – Aramco. In 1948 Caltex sold 40% <strong>of</strong> its Saudi operations toSocony (later Mobil) and Jersey Standard (later Exxon, and now together as ExxonMobil).In 1939, the year WWII started, the Saudi Oilfields were reorganized under the control <strong>of</strong> a joint SoCal and Texas OilCompany venture called Aramco. In 1943, the same year Prescott Bush had all <strong>of</strong> his assets seized for collaborating withthe Nazis, President Roosevelt decided that the Federal government should take over control <strong>of</strong> Aramco. After muchwrangling and mergers with the remaining Rockefeller companies, Aramco was taken over by the Feds and once againRockefeller had a de facto monopoly over the most important resource on Earth, and the concurrent leverage over theFederal Government. In 1941, a 3,000 bpd refinery opened in Ras Tanura, Saudi Arabia but was closed after 6 monthsdue to equipment shortages caused by WW II. Oil did not begin to ship from Saudi Arabia until 1945 because <strong>of</strong> WorldWar II, but it was clear that Chevron's discovery had made it overnight into a major, globally powerful company. Its oilwas marketed through Texaco's global sales network under the name Caltex, while the Saudi part <strong>of</strong> the partnership wascalled Aramco, the Arabian American Oil Company. King Ibn Saud <strong>of</strong> Saudi Arabia requested more cash return from his oilfields, and Aramco (Chevron + Texaco) began to expand Saudi production and to sell oil at a price that undercut Texasprices. Even so, production costs in the Saudi oilfields were so low that the partners were making a larger pr<strong>of</strong>it thananyone could make from Texas production. The implied threat and gentle pressure brought the other companies intonegotiation, and soon Chevron became a seventh major partner in the international selling agreements. This may havehad something to do with the fact that at the time the Rockefeller interests were still the largest shareholders in Mobil,Exxon, and Chevron. By a major reorganization in 1947, Mobil and Exxon bought into Aramco, leaving Chevron, Exxon,and Texaco with 30% each, and Mobil with 10%. This meant, in essence, Rockefeller control over Aramco.The Hidden <strong>History</strong> Of <strong>Money</strong> & New World Order Usury Secrets Revealed at last! Page 617

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