The Cowardice of Churchill 2

The Cowardice of Churchill - Part 2

On September 1, 1939, England, in following its supposed obligations towards the independence of Poland, declared a state of war with National Socialist Germany. What is less known however is that the guarantee delivered to Poland regarding protection of its independence was unenforceable; not worth the paper it was written on. As well as being a false promise, the document was nothing more than an excuse of the English and French to punish the National Socialist Germans for breaking free of the Great Depression, predatory banking interests, as well as the horrific consequences of the treasonous Treaty of Versailles.

What is even less well known is that Churchill had ordered construction of underground War Room bunkers well before the protective incursion of Poland by German forces. These bunkers were constructed and completed in 1938, over 12 months prior to the declaration of war. Why were these bunkers constructed if Churchill, as he claimed, had no interest in another European war? The answer to this is simple. Churchill had every intention of going to war with National Socialist Germany, all he needed, or was waiting for was an excuse he could manipulate and hold before the world as a convenient front and to illegitimately claim the high moral ground.

Before we move further, some historical perspective is required to understand the situations which were constructed to trap Germany in an inescapable war for their very existence. On 23rd December, 1913, the Federal Reserve Bank (a privately owned company) was fostered on an unsuspecting American public by bankers and Government, promising an end to financial booms and busts. The American public was assured economic woes and massive over confidence, which had regularly led to smaller disasters, were a thing of the past, with the Federal Reserve handed entire control of the US money supply, borrowing rates and investment returns now taken largely out of the hands of individual smaller banking conglomerates and independent banking and saving and loans organizations. What began in 1927 as a minor recession in the United States, would through poor management of monetary policy become the greatest economic collapse in modern history.

The sorry tale begins with a massively over valued share market and an overheated economy.

In 1927, United States share prices had been vastly overvalued, with historically low interest rates, investors were confident enough to borrow the cost of share purchases, and pay the principle and interest debt back when the shares began to pay dividends. This led to an out of control spiral of business and private debt, as banks saw no reason to reject these loans. A booming bull market seemed at the time to be a license to print money, so great were the returns. Unfortunately, these shares were greatly funded by debt, with very little actual money changing hands. Balance sheets became swollen with riskier and riskier investments, fueled by media reports of the United States stock market being an investment which could not lose. The debt bubble swelled further.

Also at this time, the world's great superpower, the United Kingdom was under increasing pressure from the French banking interests to begin turning vast quantities of sterling silver (the traditional backing value of the Pound) into gold bullion. As the economy of the United States began to overheat, a strong argument could have been made for the Federal Reserve to begin to contract the money supply, to put a curb on the lending for shares, slowing the debt bubble and potentially allowing the stock market to adjust and push the prices of shares to a more realistic, manageable level of value.

The opposite, however occurred. The Federal Reserve lowered its standard borrowing interest rates further still, and disastrously, increased the supply of United States dollars in the economy, devaluing the US dollar's buying power further. This decline in US dollar value pushed share prices higher, as the same amount of money was no longer worth much as it had been before the increase in money supply. Add to this, the Federal Reserve's attempt to drain a banking industry enjoying massive over investment by flooding the bond market with a fire sale of US federal bonds; unleashing on an already bull market up to seventy five percent of all government held bonds; a situation was crafted where inflation began to race against debt in a competition which could only result in economic collapse.

As the United States Government and Federal Reserve began to understand the precarious position the economy found itself in, it made the decision to attempt to return to a gold standard to back up the US dollar. Laws were introduced confiscating civilian gold, making it a criminal offense to withhold their gold from the government.As investors realized the Government and Federal Reserve was beginning to panic, the value of gold did not, as was anticipated, rise dramatically, instead, it stagnated.

This sudden change in policy, along with the increased money supply in US economy (among other reasons) led to a massive loss of faith in the stock market as banks began to call in share loans in order to stay solvent. This, in turn, led to a massive sell off of shares as investors tried to sell out of the market to recoup their investment and repay the significant personal and business debts owed to the banks.

As supply and demand has shown time and time again, an increase in a product's supply will undoubtedly lead to a loss in its value. As millions of investors, both in the US and abroad, scrambled to abandon the United States stock market, the massive over supply of stock for sale dropped the share price of these unwanted stocks dramatically, in some cases, to zero, leading to absolute loss of investment and share certificates becoming completely worthless.

England, who was in the process of divesting from sterling silver into what the Government had been assured would be a soaring gold price found itself with huge supplies of gold, who's price again stagnated.

As the great western economies began to collapse under the massive bank runs and devaluation of currencies, there was a single exception. National Socialist Germany, in 1933 had begun the process of removing itself from the debt driven economy.

Germany, during the Great Depression had also been under the massive weight of the Treaty of Versailles, the document which, despite an allied boot never having crossed the Rhine into German territory, placed the entire responsibility of World War One, including the cost of allied nations, at Germany's feet. Added to this, the collapse of the United States economy, the collapse of the British and her Empire's economies, this led to massive hyperinflation, reaching at one point a loaf of bread, which before the treaty, had cost one hundred and sixty three Marks in 1922, saw the price of even this most basic of necessities reach the astronomical price of two hundred billion Marks.

Adolf Hitler, in his program for election, had promised to free Germany from the debt of Jewish owned banks as well as the weight of the grossly illegal Treaty of Versailles. AS other economies stagnated, collapsed and suffered massive deflation of their own, the National Socialist economy Germany began to blossom. The expansion and massive growth of the German economy, in direct contradiction of the global economic conditions again raised the jealousy and hatred of German success from English and French Governments, including their respective banking industries who were losing a fortune from Hitler's refusal to allow predatory banking practices to operate in the German economy.

The simple truth is that World War Two was nothing at all to do with any vague concept of Polish freedom, nor was it based on a moral imperative by the European allies of England and France. World War Two, now often referred to as The Banker's War, was fought merely to bring the massively growing powerhouse of the German National Socialist economy back under Jewish Banking control.

#Europe #Churchill #WW2 #Jews