GeoEconomics

Baron Rothschild: “the time to buy is when there’s blood in the streets.”

to be honest – i would like investors to do the exact opposite – i would like them to invest into stability – into making societies and economies fair, just and resilient – and not profit from the suffering of others – like vampires.

in short: be good citizens.

  • give 0% loans to people that need a modest home
  • give 0% loans to people that want to produce their own food, electricity, heating
  • give 0% loans to institutions that research technology for the benefit of all mankind

or you will have crash, crisis and violence over and over again.

The Rothschilds, a prominent family originally from Germany, established banking and finance houses in Europe beginning in the 18th century. Pioneers in providing capital for business and financing infrastructure projects such as railways and the Suez Canal, the Rothschilds molded the way the international world of high finance works today.

The Rothschild empire had its genesis during the 1760s when Mayer Amschel Rothschild (1744-1812) founded a banking business in his native Frankfurt, in the German duchy of Hesse. Over time, and with the help of his five sons, the family business expanded throughout several European countries.

Mayer Amschel Rothschild: The Founder

The Rothschilds’ empire had humble beginnings. Its founder, Mayer Amschel Rothschild, was born in 1744 and raised in Frankfurt’s Jewish ghetto.

During that era, Jews were legally required to live in small communities that were separate from Christians. They were also not allowed to leave their villages at night, on Sundays or on Christian holidays.

As a child, Rothschild lived in a house with about 30 other family members and learned about the business world at an early age – his father, Amschel Moses Rothschild, traded coins, silk and other commodities for a living. One of Amschel Rothschild’s clients was Crown Prince Wilhelm of Hesse.

Mayer Rothschild became an orphan at age 12, when his mother and father died in a smallpox epidemic. Before their passing, Rothschild’s parents wanted their son to become a rabbi. However, shortly after his 13th birthday, he decided to take an apprenticeship with a banking firm in Hanover, Germany. During his time there, Rothschild learned the ins and outs of banking and foreign trade from bankers who used their extensive connections and financial skills to advise and serve the reigning nobility; some of these bankers had risen to the status of what were known as “court Jews,” or court factors.

The Beginnings of a Banking Empire

Rothschild returned to his hometown of Frankfurt when he turned 19. Along with his brothers, he continued the commodities and money-trading business their father had started and also sold rare coins. Through his rare coin business, Rothschild met Crown Prince Wilhelm, who in 1785 became Wilhelm IX, Landgrave of Hesse-Kassel, and eventually the European continent’s richest man. Rothschild was soon providing other banking services to Wilhelm and a number of nobles, and by 1769, he was given the title of court factor. In 1770, he married and went on to have 10 children – five sons and five daughters.

Expanding and Controlling the Rothschild Footprint

The Rothschild banking empire benefited tremendously from the French Revolution. During the war, the Austrian army contracted Rothschild to supply it with a range of items, including wheat, uniforms, horses and equipment; he also facilitated monetary transactions for Hessian mercenary soldiers. Around that time, Rothschild sent his sons to live in the capital cities of various European countries with the goal of establishing banking businesses in Naples, Vienna, Paris and London, in addition to Frankfurt. With Mayer Rothschild’s children spread across Europe, the five linked branches became, in effect, the first bank to transcend borders. Lending to governments to finance war operations over several centuries provided the Rothschild family with ample opportunity to accumulate bonds and build  additional wealth in a range of different industries.

Before he died in 1812, Mayer Rothschild left strict rules for his descendants on how they should handle the family’s finances. He wanted to keep the fortune within the family and, as such, encouraged the arrangement of marriages among relatives. According to an article published in the August 2003 issue of Discover magazine entitled “Go Ahead, Kiss Your Cousin,” “Mayer Amschel Rothschild arranged his affairs so that cousin marriages among his descendants were inevitable. His will barred female descendants from any direct inheritance. Without an inheritance, female Rothschilds had few possible marriage partners of the same religion and suitable economic and social stature – except other Rothschilds. Rothschild brides bound the family together. Four of Mayer’s granddaughters married grandsons, and one married her uncle. These were hardly people whose mate choice was limited by the distance they could walk on their day off.”

Nathan Mayer Rothschild

Of the four Rothschilds who ventured out, Nathan, the third son (1777-1836), achieved the greatest success. Nathan took over the lead role in pioneering international finance. Using a network of carrier pigeons and couriers to communicate with his siblings, Nathan acted as a central bank for Europe – brokering purchases for kings, rescuing national banks and funding infrastructure, such as railroads, that would help start the Industrial Revolution.

Nathan had moved to England in 1798. There he founded a textile jobbing business with £20,000 of working capital, the equivalent of £2 million today. He also began trading on the London Stock Exchange and eventually founded a bank, which became N M Rothschild & Sons Ltd. The firm is the country’s seventh oldest bank in continuous operation. Although privately held and still controlled by the Rothschild family, N M Rothschild & Sons Ltd. reported a net income of £51.558 million in 2015.

Like the other Rothschild banks that were subsequently set up throughout Europe, N M Rothschild & Sons Ltd. furnished credit to the government during times of war and crisis. During the Napoleonic Wars, for example, it managed and financed various subsidies the British government sent to its different allies and lent funds to pay the British troops, almost single-handedly financing the British war effort.

In 1824 he and Moses Montefiore cofounded the Alliance Assurance Company, which lives on today as RSA Insurance Group. Nathan also helped fund the newly founded country of Belgium in 1830 and gained the rights to the Almadén mines from the Spanish government in 1835, securing a European monopoly on mercury, which was used to refine gold and silver. The supply of the chemical came in handy in the 1850s, when NM Rothschild & Sons started to refine gold and silver for the Bank of England and the Royal Mint.

Growing Philanthropic Activities 

Nathan contributed to many areas of philanthropy in the Jewish community. His family later expanded these charitable efforts to other populations in Paris and London. His earliest efforts went toward synagogues in London. He continued to champion this work, which eventually led to the formation of United Synagogue, a larger organization that helped streamline the causes of the smaller individual synagogues. Later, various family members supported the creation of Israel and helped with the construction of government buildings.

Rothschild had seven children with his wife, Hannah Barent Cohen. Those children followed and built on their family’s philanthropic tradition. The Rothschild Archive reports that Nathan’s youngest child, Louise, and her seven daughters took responsibility for many of the 30 Rothschild charitable foundations in Frankfurt. These included public libraries, orphanages, hospitals, homes for the elderly and special funds allocated for the purpose of education. The Jews’ Free School in London, in particular, received extensive financial support. Educational efforts in Austria, France and Israel were also made possible through Rothschild generosity. In addition to monies put toward education, the family gave an estimated 60,000 pieces of artwork to numerous organizations. The Rothschild family expanded the creation of social housing in the cities of London and Paris, and the Rothschild Foundation was created to further these efforts.

The House of Rothschild in the 20th Century

Internal and external change – including world wars, politics and family rivalries – diminished the family fortune over the next 100 years. The Naples branch of the bank had closed in 1863 and a lack of male heirs led to the closing of the Frankfurt branch in 1901; the Vienna branch was shuttered in 1938 after the Nazis invaded Austria and Jews were endangered in the lead-up to World War II. The Vichy government in France expropriated Rothschild Bordeaux properties during the war and the Nazis confiscated millions of dollars’ worth of art, jewels and precious objects from the Austrian branch of the family (a portion of these were returned by the Austrian government in 1998). Over the years, palatial Rothschild estates were gradually donated to the British and French governments and to other organizations and universities.

By the 1970s three Rothschild banks remained: the London and Paris branches and a Swiss bank founded by Baron Edmond Adolphe de Rothschild (1926-1977). In 1982, president Francois Mitterrand’s socialist government dealt the Paris bank fatal blow, nationalizing it and renaming it Compagnie Européenne de Banque. Despite his independence – and resentment at being called “le petit Edmond” (a reference to his small stature among the generally tall Rothschilds) – Edmond came to the aid of his cousin, Baron David René de Rothschild (1942- ), who had stayed in Paris and in 1986 created Rothschild & Cie Banque. David quickly built it into France’s second largest merchant bank. In 2003, the British and French banks were united with David as chairman, and in 2008 all of the holdings were reorganized under a single company, a shareholder of Paris Orléans based in France, unifying the family businesses roughly two centuries after the five sons of Mayer Rothschild spread out across Europe.

Moving into the 21st Century

The family wealth has been divided among many descendants and heirs throughout the years. Today, Rothschild holdings span a number of industries including, financial services, real estate, mining, energy and charitable work. The family also owns more than a dozen wineries in North America, Europe, South America, South Africa and Australia.

Traditionally, the Rothschild fortune is invested in closely held corporations. Today, Rothschild corporations have continued to see success. Most family members are employed by these corporations directly or are invested in operations that generate family wealth. The remarkable success of the family has largely been due to a strong interest in cooperation, being entrepreneurs and the practice of smart business principles. The estate of Nathan Rothschild was intimately tied to the other fortunes of the family and became part of the collective wealth each Rothschild passed to the next generation. Rothschild descendants continue to finance global business operations and contribute to scholarly, humanitarian, cultural and business endeavors.

The family motto is: Concordia, Integritas, Industria, which means “Harmony, Integrity, Industry.”

src: investopedia.com

https://en.wikipedia.org/wiki/Rothschild_family

http://www.rothschild.com/

Mark my words: lawyers will destroy this world – their madness just hit a new high

Internet and Privacy activist Anke Domscheidt Berg says, this “roadmap” could lead to banning ANY FORM OF ENCRYPTION, not just tor onion network, which would be complete madness – just think about unencrypted logins!

Man in the middle could siffon your bank account passwords and steal your money.

After DSGVO and Article 13 / content upload filter, this it is just a new round of lawyer-madness.

it also just shows once more how much of a Washington-Puppet state the post-world-war-2 Germany has become and was allowed to be and how much in the Orwellian times we already live.

fighting crime and terrorism yes – but maybe you would need a holistic approach to this

pedophiles and people selling and buying illegal weapons and drugs need to be punished – and governments around the globe have every right to use whatever method they need to catch those people before they can do harm.

But this is a task that was there before encryption and it will be there after encryption.

Should we ban cars, because some people use them to kill other people?

maybe fighting and preventing crime starts at a society that is fair, just, kind and caring and economically sustainable and sound – where everyone has a job.

praise your new god: money

France wanted to turn it into a de-industrialized patch of potato fields (not the worst of idea, comes close to ecovillage) – no more high tech weapons.

2019 – Germany is back – building high tech weapons for USA and for whoever wants to buy them and use them for evil.

The best role Germany could play is:

  • create hydrogen cars to save the climate (for some reason of corruption, this goal is not wanted in politics and from Mercedes CEOs?)
  • negotiate peace between USA and Russia – if Minsk 1 fails, do Minsk 2, Minsk 3, Minsk 4, Minsk 5… anything is better than escalation.

https://www.bundesrat.de/SharedDocs/drucksachen/2019/0001-0100/33-19.pdf?__blob=publicationFile&v=1

“On the 15th of March, the German Bundesrat (Federal Council) voted to amend the Criminal Code in relation to internet based services such as The onion router (Tor).

The proposed law has been lambasted as being too vague, with privacy experts rightfully fearful that the law would be overapplied.

The proposal, originating from the North Rhine-Westphalian Minister of Justice Peter Biesenbach, would amend and expand criminal law and make running a Tor node or website illegal and punishable by up to three years in prison.

According to Zeit.de, if passed, the expansion of the Criminal Code would be used to punish anyone “who offers an internet-based service whose access and accessibility is limited by special technical precautions, and whose purpose or activity is directed to commit or promote certain illegal acts”.

What’s worse is that the proposed changes are so vaguely worded that many other services that offer encryption could be seen as falling under this new law. While the proposal (full German text) does seem to have been written to target Tor hidden services which are dark net markets, the vague way that the proposal has been written makes it a very real possibility that other encrypted services such as messaging might be targeted under these new laws, as well.

Now that the motion to amend has been accepted by Bundesrat, it will be forwarded to the Federal Government for drafting, consideration, and comment. Then, within a month and a half, this new initiative will be forwarded to the German Senate, aka the Bundestag, where it will be finally voted on.

Private Internet Access and many others denounce this proposal and continue to support Tor and an open internet

Private Internet Access currently supports the Tor Project and runs a number of Tor exit nodes as a part of our commitment to online privacy. PIA believes this proposed amendment to the German Criminal Code is not just bad for Tor, which was named specifically, but also for online privacy as a whole – and we’re not the only ones.

German criminal lawyer David Schietinger told Der Spiegel that he was concerned the law was too overreaching and “could also mean an e-mail provider or the operator of a classic online platform with password protection.” He summarized:

“The paragraph would severely limit civil liberties.”

Frank Rieger, a spokesperson for Germany’s resident hacker organization, the Chaos Computer Club (CCC), voiced misgivings to Netzpolitik:

“The bill contains mainly rubber paragraphs with the clear goal to criminalize operators and users of anonymization services. Intentionally, the facts are kept very blurred. The intention is to create legal uncertainty and unavoidable risks of possible criminal liability for anyone who supports the right to anonymous communication on the Internet.”

Germany has now joined a host of other countries that are actively taking steps to stifle online privacy. Other examples include places like China and even the United Kingdom, where internet users will be subject to some of the most ridiculous age verification laws just to be able to access the full internet. In the next month and a half, Germany’s netizens need to voice their displeasure at this proposed amendment, else they’ll find themselves under the heel of vaguely worded laws just waiting to be applied.

About Caleb Chen

Caleb Chen is a digital currency and privacy advocate who believes we must #KeepOurNetFree, preferably through decentralization. Caleb holds a Master’s in Digital Currency from the University of Nicosia as well as a Bachelor’s from the University of Virginia. He feels that the world is moving towards a better tomorrow, bit by bit by Bitcoin.

Bertelsmann Forum mit Ministerpräsident Armin Laschet

https://www.defensenews.com/podcasts/2019/03/18/whats-a-few-billion-among-friends-podcast/

$750 Billion Defense Spending Budget 2020,

$750 Billion divided by 0.327 Billion Americans equals to = $2293.58 costs per American capita per year

Veteran on war in Afghanistan: we are perpetuating a system of senseless violence

“a long really messed up camping trip – but you have guns – and you will get shot at”

 

“The increased VA spending — up to $216 billion, an increase of $19 billion or 9.5 percent from fiscal 2019 — comes as a host of non-defense programs face steep cuts in the budget proposal.

….

About $9.4 billion would be spent on programs to prevent suicide among veterans (4.5 percent more than fiscal 2019) and about $1.8 on outreach to homeless veterans. The number of full-time VA employees would rise to nearly 394,000 individuals.

Per law, the budget request also includes advance appropriations for fiscal 2021, to ensure a government shutdown or other political stalemate won’t disrupt any needed medical or support programs. That funding will top $217 billion.

Lawmakers will spend the next several months debating both the details of the VA funding proposal and how it fits with Trump’s broader budget priorities.

Congress must adopt a new federal budget by Sept. 30 or face another partial government shutdown.”

https://www.militarytimes.com/news/pentagon-congress/2019/03/11/trump-backs-a-huge-increase-in-va-spending-but-his-budget-plan-still-may-upset-some-veterans/