"While the rest of the world struggles to come to terms with an era of austerity, there will be no such concerns tonight for Nat Rothschild, the billionaire British [Jewish] investment banker, as he celebrates his 40th birthday with an elite band of 400 fabulously wealthy friends.

The Oxford-educated entrepreneur, the scion of the Rothschild banking dynasty and one of the world's most eligible bachelors, is spending an estimated £1 million ($1,600,000) on three days of lavish celebrations in Porto Montenegro, a new marina resort on the Adriatic Coast. He is one of the main investors in the exclusive development....

Many locals have welcomed the building of the marina - the pet project of Peter Munk, an 83-year-old Canadian [Jewish] gold magnate - but others say it has divided Tivat into a gilded ghetto for the uber-rich and a drab Communist-era town...

But that will be of little concern to the beautiful people [sic] when they gather for what is being dubbed the biggest social event in the short history of one of Europe's youngest countries."

-- London Telegraph

"Mr Rothschild and his main business partner, the Russian oligarch Oleg Deripaska, have sunk a lot of money into the fresh concrete that has been laid on the water's edge in Kotor Bay... It was Mr Rothschild who brought Mr Osborne and Peter Mandelson together on Oleg Deripaska's yacht, in the summer of 2008, setting off an entertaining political furore..."

-- The Independent

The "era of austerity" imposed on the rest of us is exactly how looters like Nat Rothschild and the yacht club crowd are able to indulge themselves so lavishly. Maybe he's just trying to one-up Steve Schwarzman of Blackstone Group who threw a similar party for himself two years ago.

In addition to this "pet project", Nat Rothschild is also a Director of Peter Munk's company, Barrick Gold.

"Stanley Fischer's decision to enter the race to succeed Dominique Strauss-Kahn as head of the International Monetary Fund was announced over the weekend. Stanley Fischer, the Israeli central bank governor, has challenged Christine Lagarde's ability to run the International Monetary Fund by claiming that his training as an economist made him a superior candidate."

--London Guardian

I'm sure that his buddies at the Institute for International Economics and the Group of 30 will be rooting for him.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences."

-- Carroll Quigley, "Tragedy and Hope"

UPDATE: Better luck next time. On 28-Jun, the IMF Board selected Ms. Lagarde as the new Chairman

Sonja Kohn, another one of Bernard Madoff's key co-conspirators and a self-proclaimed "orthodox Jew", is now on the hot seat.

"Irving Picard, the court-appointed trustee seeking to recover money for Madoff's investors, alleges that Sonja Kohn, the former president [and owner] of Bank Medici, masterminded the funnelling of billions of dollars to the New York-based investment company. "More than $9,000,000,000 of the Ponzi scheme's stolen capital is directly attributable to Kohn and the Medici enterprise," claimed Timothy Pfeifer, of Baker & Hostetler, the law firm representing Mr. Picard. In return, Ms. Kohn and her family allegedly received more than $62,000,000 from Mr. Madoff." (see photo)

-- London Telegraph

"In Sonja Kohn, Madoff found a criminal soulmate, whose greed and dishonest inventiveness equalled his own,' Irving Picard, the trustee, said in a statement... The trustee alleges that, by 1987, Mr Madoff and Ms Kohn had worked out a deal in which she would be paid a flat flee for bringing clients to his operation. Although the amounts varied, the alleged payments peaked at $6.5m a year and totalled $62m... By the time of Mr Madoff's arrest, she was responsible for 30 of Mr Madoff's accounts, including a series of hedge funds managed and marketed by her associates, the complaint said. Together, they accounted for more than $9bn."

-- Financial Times

While this woman is still walking around loudly proclaiming her innocence, one of Madoff's sons who was only indirectly involved in the scam has apparently committed suicide.

"The eldest son of disgraced financier Bernard Madoff hanged himself by a dog leash in his Manhattan apartment on Saturday, the second anniversary of his father's arrest in a multibillion-dollar Ponzi scheme that swindled thousands of investors of their life savings, law enforcement officials said... A year ago, the court-appointed trustee trying to unravel Madoff's financial affairs sued several relatives, including Peter, Mark and Andrew, accusing them of failing to detect the fraud while living lavish lifestyles financed with the family's ill-gotten fortune. The lawsuit accused Mark Madoff of using $66 million he received improperly to buy luxury homes in New York City, Nantucket and Connecticut."

-- MSNBC News

"Because of a problem with the presses, the federal government has shut down production of its flashy new $100 bills, and has quarantined more than 1 billion of them... Because correctly printed bills are mixed in with the flawed ones, even the ones printed to the correct design specs can't be used until they 're sorted... The flawed bills, which cost around $120 million to print, will have to be burned."

-- Yahoo News

Perhaps Geithner and Bernanke should consider this a bad omen for inflating the money supply.

"The new bills are the first to include Treasury Secretary Tim Geithner's signature. In order to prevent a shortfall, the government has ordered production of the old design, which includes the signature of Bush administration [former] Treasury Secretary Henry Paulson."

Since Paulson is no longer in office, any newly printed notes with his signature on them as "Secretary of the Treasury" should be considered null and void. They might as well print them with Bernie Madoff's signature instead.

"Bank of Israel Governor Stanley Fischer said criticism of the U.S. Federal Reserve for its latest round of monetary stimulus is fundamentally misplaced. 'I see this as a move which is healthy for the global economy, while creating some problems for us and the rest of the world,' Fischer said...

Fischer, 67, was a professor at the Massachusetts Institute of Technology and served as Ben Bernanke's adviser on his graduate thesis.

From 1988 to 1990, Fischer was chief economist at the Washington-based World Bank. At the International Monetary Fund during the 1990s, he worked to resolve financial crises in Mexico, Russia and Southeast Asia. From 2002 to 2005, Fischer was vice chairman of Citigroup Inc."

-- Bloomberg News

So, Bloomberg says that Fischer approves of the job his protege Bernanke is doing. Somehow, I think that only fellow members of the Jewish banking syndicate would find this especially comforting. It always boils down to "us" versus "the rest of the world" doesn't it?

"When US Treasury Secretary Timothy Geithner landed in Istanbul for a global economic summit on October 2, 2009 his first meeting among the finance ministers and central bankers invited from more than 150 countries was with a man who controls an economy smaller than Missouri's. The private dinner discussion - details of which were withheld from the press - was a sign of how Bank of Israel Governor Stanley Fischer's influence exceeds the impact of Israel's $200 billion gross domestic product.

Fischer, 66, is a former Massachusetts Institute of Technology scholar who has been a mentor to a group of US policy makers trying to lead the world out of the worst recession in 60 years. Among his former students: Lawrence Summers, director of US President Barack Obama's National Economic Council; and Federal Reserve Chairman Ben S. Bernanke, whom Fischer advised on Bernanke's graduate thesis in 1979. As first deputy managing director of the International Monetary Fund during the 1990s, Fischer worked with Geithner and Summers, then US Treasury officials, to resolve financial crises in Mexico, Russia and Southeast Asia."

-- Jerusalem Post

Maybe one should ask the unwashed peasants in Mexico, Russia and Southeast Asia how well that worked out for them?

"[This month] the Fed will hold a major conference at Jekyll Island, celebrating the secret meeting held 100 years ago that resulted in the creation of the Fed... Forbes magazine founder Bertie Charles Forbes wrote several years later:

"Picture a party of the nation's greatest bankers stealing out of New York on a private railroad car under cover of darkness...The utmost secrecy was enjoined upon all. The public must not glean a hint of what was to be done... Paul Warburg is the link that binds the Aldrich system and the present system together. He more than any one man has made the system possible as a working reality."

-- Economic Policy Journal

For more on the Jekyll Island conference and the key role of Rothschild agent Paul Warburg, see the following articles in our library:

"Secrets of the Federal Reserve"
"Final Warning", chapter 2
"None Dare Call it Conspiracy", chapter 3

"'The single biggest threat to national security is the national debt', the chairman of the Joint Chiefs of Staff said yesterday, underscoring the importance of good fiscal stewardship and a need to stimulate economic growth. American taxpayers are going to pay an estimated $600,000,000,000 in interest on the national debt in 2012, Navy Adm. Mike Mullen told local leaders and university students..."

-- Armed Forces News

Admiral Mullen's speech was mainly bureaucratic pablum about budget cutting and teamwork, but contains the hint of a solution: since the debt is the most serious threat to the nation, then every effort to eliminate that threat should be considered with military precision. It can't be done simply by counting paperclips at the Pentagon.

It is not the debt itself which poses the real threat, but rather those who have the power to create the debt and who profit from the exponential compounding of interest. As long as that mechanism for parasitical wealth transfer remains unchecked, the threat remains.

For more than a century, the nation's political process has been gradually corrupted, consolidated and rendered ineffective as a defense. Like a captured fortress, it has fallen into the hands of the enemy.

If the battle against the bondage of the nation is to be fought and won, then what are the strategic options?

"Having subjected many nations in the less-developed countries of the South to their notorious austerity measures, the international knights of finance are now busy applying those impoverishing measures to the more developed countries of the North, especially those of Europe...

The wrenching economic hardship in the debt-ridden countries is not so much due to insufficient or lack of resources as it is the result of the lopsided and cruel distribution of those resources. It is increasingly becoming clear that the working majority around the world face a common enemy: an unproductive financial oligarchy that, like parasites, sucks the economic blood out of the working people, simply by trading and/or betting on claims of ownership."

-- Ismael Hossain article

"The Federal Reserve Bank of New York, then led by Timothy Geithner, told American International Group Inc. to withhold details from the public about the bailed-out insure's payments to banks during the depths of the financial crisis, e-mails between the company and its regulator show...

The New York Fed took over negotiations between AIG and the banks in November 2008...[and] decided that Goldman Sachs and more than a dozen banks would be fully repaid for $62.1 billion of the [credit default] swaps, prompting lawmakers to call the AIG rescue a 'backdoor bailout' of financial firms...

The New York Fed ordered the crippled insurer not to negotiate for discounts in settling the swaps. The decision to pay the banks in full may have cost AIG, and thus taxpayers, at least $13 billion, based on the discount the insurer was seeking...

Fed Vice Chairman Donald Kohn testified to Congress that disclosure of the counterparties [including Goldman Sachs] would harm AIG's ability to do business...

Barney Frank, a Massachusetts Democrat and chairman of the House Financial Services Committee, said the e-mail exchanges were 'troubling' and that he supports holding congressional hearings to review them." -- Bloomberg News

This latest story merely confirms our earlier comments about the operations of the Park Avenue syndicate and their agents-in-place including Geithner, Bernanke, Kohn and Barney Frank.

UPDATE:: The SEC, which is supposed to safeguard the public interest and ensure "transparency", instead collaborated in the coverup of the transactions between AIG and Goldman Sachs.

UPDATE:: In a recent interview (Nov 2009), Goldman CEO Lloyd Blankfein recently had the chutzpah to claim that he was "doing God's work". Whose god, Mr. Blankfein?

Just when we thought the Bernard Madoff scandal couldn't get any more sordid, we now find that he was also schtupping the Chief Financial Officer of the Jewish Zionist organization "Hadassah" on the side, according to her recent kiss-and-tell book. Of course, now that her "gains" (and theirs) have turned into losses, she calls him a monster.

"The memoir, "Madoff's Other Secret: Love, Money, Bernie, and Me," was written by Sheryl Weinstein, whose relationship with Madoff spanned more than 20 years while both were married... [They met] when she was chief financial officer for the charitable women's organization Hadassah, where she had a role in investment decisions...

The book has drawn fresh attention to Hadassah, the Women's Zionist Organization of America. The organization has said its principal investment with Madoff totaled about $33 million, while another $7 million had been entrusted to Madoff after it was donated by a French backer in 1988. Hadassah did not return a telephone call for comment Friday.

Stanley Epstein, a Santa Monica, Calif., lawyer married to a Hadassah member, said Hadassah's treasurer told him after Madoff's December arrest that the organization had cashed in between $120 million and $130 million from its Madoff accounts over the years. The profits could make the organization a target of those seeking to recover money to be distributed to defrauded investors." -- Huffington Post

Mrs. Weinstein whines about how her family was "devastated" by the loss of the money, but apparently not by her 20-year long adulterous affair with the kosher Manhattan swindler. Such paragons of virtue!

It is divine retribution that so many Zionist organizations have suddenly lost their fortunes, walking in their own ways and trusting their own hubris, instead of respecting the one in whose name they claim to operate.