Rothschildian Revenge Against Joe Kennedy?

http://en.wikipedia.org/wiki/The_Hongkong_and_Shanghai_Banking_Corporation
Excerpt: The Hongkong and Shanghai Banking Corporation Limited (traditional Chinese: 香港上海滙豐銀行有限公司), is a prominent bank established and based in Hong Kong since 1865 when Hong Kong was a colony of the British Empire. It is the founding member of the HSBC Group and since 1990 is now a wholly owned subsidiary of HSBC Holdings plc. The company's business ranges from the traditional High Street roles of personal finance and commercial banking, to corporate and investment banking, private banking and global banking. It is the largest bank in Hong Kong with branches and offices throughout the Asia Pacific region including other countries around the world.
HSBC is one of the oldest banking groups in the modern world. The bank is known locally simply as "The Bank", "Hongkong Bank" and "Lion Bank".

http://en.wikipedia.org/wiki/HSBC
Excerpt:
HSBC Holdings plc (Chinese: 滙豐控股有限公司) is a global banking and financial services company headquartered in Canary Wharf, London, United Kingdom.^[3] As of 2010 it was the world's sixth-largest banking and financial services group and eighth-largest company according to a composite measure by Forbes magazine.^[6][7] It has around 7,500 offices in 87 countries and territories across Africa, Asia, Europe, North America and South America and around 100 million customers.^[4][8] As of 30 June 2010 it had total assets of $2.418 trillion, of which roughly half were in Europe, a quarter in the Americas and a quarter in Asia.^[5

http://en.wikipedia.org/wiki/Hang_Seng_Index


http://www.huffingtonpost.com/david-fiderer/alan-greenspans-financial_b_512540.html
Excerpt:
Greenspan began slashing interest rates as soon as George W. Bush secured the Presidency in 2000. On December 31, 2000, the Fed Funds rate was 6-1/2%; by May 15, 2001 it was 4%; by November 2 it was 2%. Greenspan kept lowering rates, which he kept below 2% for three three years subsequent to the mild recession that ended in November 2001. Only after Bush secured his reelection in November 2004 did Greenspan raise the Fed funds rate back to 2%. The Fed Funds rate was restored to 4-1/2% when Greenspan left office at the end of January 2006, a few months before the real estate bubble began to collapse.
That $5 trillion incremental increase in home mortgage debt, much of which cannot be repaid, has permanently damaged our country's financial standing. One out of four homeowners with a mortgage has negative equity. The majority of under water mortgages are concentrated in four states: California, Florida, Arizona and Nevada.
When The Government Stopped Policing Fraud
That $5 trillion incremental increase is also traceable to a major policy shift from Clinton Administration policies to root out and prevent mortgage fraud. In 2000, fraud within the subprime mortgage sector was a huge story, covered by The New York Times, The Washington Post and ABC. Major subprime lenders such as The Money Store, First Alliance and ContiMortgage all shut down. After assessing the cumulative data from regulators and academic studies, HUD Secretary Andrew Cuomo declared, "Evidence indicates that the vast majority of mortgage fraud and predatory lending activities...occurs in the conventional subprime lending market." In June 2000, a joint HUD/Treasury Task Force recommended, among other things:
1. Laws to limit fraud by mortgage brokers,
2. Laws against negative amortization mortgages, and
3. Laws to prohibit Fannie and Freddie from making secondary purchases of loans secured without the due diligence necessary to confirm that the borrower could repay his obligation, i.e. a prohibition against no doc or "liar loans" and a prohibition against loans that were clearly beyond the means of the borrower.
In March 2000, Rep. Jan Schakowsky introduced legislation designed to prevent undue pressure on appraisers to inflate home valuations. In August 2001, 6000 appraisers signed a petition seeking government protections.
But by then it was too late. Phil Gramm had declared that no legislation against fraud was necessary because the data was anecdotal and the definition of predatory lending was unclear. He prevented any legislation from moving forward. In a 2001 prequel to the rants popularized Rick Santelli and Larry Kudlow, Gramm said the problem was the "predatory borrowers."
During the 2001 - 2006 real estate bubble, efforts to police mortgage fraud were consistently thwarted by the Bush Administration and Alan Greenspan. As Eliot Spitzer explained earlier, the Bush Administration, "embarked on an aggressive and unprecedented campaign to prevent states from protecting their residents from the very problems to which the federal government was turning a blind eye...[through] the Office of the Comptroller of the Currency (OCC)."
In 1994 Congress had passed Home Ownership and Equity Protection Act (HOEPA), which states: "The [Federal Reserve] Board, by regulation or order, shall prohibit acts or practices in connection with mortgage loans that the Board finds to be unfair, deceptive or designed to evade the provisions of this [legislation]." Despite a mountain of evidence of mortgage abuses, and a specific request by Board Governor Edward Gramlich to address the problem, Greenspan consistently refused to do anything.
Three prequels to the meltdown:In spite of three massive regulatory failures under his watch - the S&L Crisis, Long Term Capital Management, and Enron - Greenspan ignored the systemic dangers of mortgage fraud going viral, and the blind spots in financial markets dominated by hedge funds and credit derivatives, which grew exponentially after Phil Gramm's Enron Loophole was enacted in December 2000. When called to testify before Congress in October 2008, Greenspan acted like an amnesia victim, claiming: "I was shocked because I'd been going for 40 years or more with very considerable evidence that it was working exceptionally well."
Greenspan stepped up his campaign to obliterate history with his so-called "mea culpa" presented last Friday before the Brookings Institution. But his tepid "mistakes-were-made" concession gets lost amid 40 pages of half-truths and distortions. Here are some red herrings with a particularly acrid stench:
"The Global Savings Glut:" Like the juvenile delinquent who blames society for his crimes, Greenspan ascribes his low-interest rate policies to "global savings intentions [which] of necessity had chronically exceeded global intentions to invest." Except there were no excess savings within the United States. Tax cuts had caused an unprecedented decline Federal Revenues, while the country geared up from a new war and became ever more indebted to China. Yet Greenspan saw no reason to curb Americans' appetite for borowing. About 80% of subprime mortgages were based on short-term rates kept artificially low by Greenspan.
Affordable Housing Policy: Greenspan also invokes right-wing mythology, which blames the mortgage crisis on Fannie Mae and Freddie Mac. "Pressed by the Department of Housing and Urban Development and Congress to expand 'affordable housing commitments,' they chose to meet them by investing in subprime securities," he writes. He excludes critical facts to twist things around. The Washington Post revealed that HUD, under the Bush Administration, "neglected to examine whether borrowers could make the payments on the loans that Freddie and Fannie classified as affordable." This was a clear reversal of Clinton Adminsitration policy. So in 2004, when HUD revised its goals and started ignoring the predatory nature of the loans, Fannie and Freddie's subprime purchases of skyrocketed. These loans promoted the opposite affordable housing. But they did promote the business of the nation's biggest subprime lender, and Bush's largest donor, Roland Arnall's Ameriquest. Also, less than 10% of subprime loans were extended to first-time homebuyers.
The Black Swan/Irrational Exuberance Excuse: Here Greenspan ventures into complete fantasy:
The current crisis has demonstrated that neither bank regulators, nor anyone else, can consistently and accurately forecast whether, for example, subprime mortgages will turn toxic, or to what degree, or whether a particular tranche of a collateralized debt obligation will default, or even if the financial system as a whole will seize up.
The job of a regulator is not to "consistently and accurately forecast" anything. It's to assess whether the risks being taken are reckless, and whether the prevalence of reckless activity threatens the system. It's a job that Greenspan refused to perform, despite the signals from the S&L crisis, LTCM and Enron. But as it happens, any novice could figure out that the subrpime bonds were destined to fail. In MASTR Asset Backed Securities Trust 2005-NC2, which was very typical, 100% of the loans were interest-only, 60% of the loans closed with second liens (leaving the homeowners with zero equity), 58% relied on "stated documentation," and 55% of which were in California. Common sense tells you that the prevalence of liar loans and zero-equity homeowners in an overheated market will lead to big trouble.
The Phony Disconnect Between Mortgages and Short-Term Rates: Greenspan also resuscitates that old canard, that housing prices, and the bubble, were tied to long-term rates, not to the short-term rates that he slashed. Go here for a recounting on how he promoted adjustable rate mortgages to consumers who should have avoided them.
Of course the real estate bubble did eventually pop, following a typical monetary time lag of six to twelve months, after Greenspan restored the Fed funds rate above 4%.

http://jaxrevenge.blogspot.com/2007_11_01_archive.html
Excerpt:

Wednesday, November 28, 2007

Rothschildian Revenge Against Joe Kennedy?

After the Chamberlain-Kennedy debacle, Joseph Kennedy was targeted by the banker's revenge. The banker's arranged the assassination of three of Joseph Kennedy's sons. Joe Jr.'s death was made to look like an accident. It wasn't.

http://en.wikipedia.org/wiki/Joseph_P._Kennedy,_Jr.

JFK was also supposed to die in the Pacific. Understand that the banker's finance the "good guys" and the "bad guys". This understood it is quite conceivable that JFK could have been set up by the "good guys" to be in the wrong place at the wrongtime so the "bad guys" operating under their banker instructions can complete the job. The ramming of Kennedy's PT-109 is a prime example. Was it really an accident in the Pacific or a banker hit against another son of Joe Kennedy?

http://en.wikipedia.org/wiki/Japanese_destroyer_Amagiri#John_F._Kennedy_and_the_PT-109

Joseph Kennedy was neutralized with a series of strokes just months after JFK inauguration. He was rendered paralyzed and mute. He was purposely not killed. His enemies wanted him to witness in silence the murder of his sons. Who knows if he was aware that he and his family were victims of the bankers' masonic retaliation?

How Joseph Kennedy learned about Banker-created Wars

When FDR appointed Joseph Kennedy to the post of Ambassador to Britain, Kennedy became very friendly with the British Prime Minister Neville Chamberlain. Chamberlain brought Kennedy up to speed on the agenda of The City's International Bankers. According to the diary of James Forrestal this education occurred on the golf course. Kennedy and Chamberlain attempted to thwart the bankers' impending war by trying to appease Hitler. Kennedy felt it his duty to thwart the European bankers' plan to embroil the U.S. in their phony yet bloody World War. The bankers obviously resented the efforts of Chamberlain & Kennedy, two "flies in the ointment" were handled with well-known banker's aplomb. Chamberlain died of "cancer" six months after he resigned from office. (Secret services have come a long way from simple arsenic poisoning). Remember, loose canons Martha Mitchell and Leah Rabin. Leah Rabin mentioned in her article that her husband was in Dallas on 11/22/63.She died of "cancer" soon after her book was published.Probably a coincidence.

http://www.hiddenmysteries.org/conspiracy/coverups/bronfmanbush.html
Excerpt:

Uncovering the Hidden

Bronfman, Bush, Cheney
Seagrams, Zapata, Brown & Root
ALL INTERCONNECTED IN THE SPIDER'S WEB

http://www.whale.to/b/dopeinc.html
Excerpt:
Dedication

Lyndon H. LaRouche, Jr.

New York City

October 18,1978

It is with proper pride that we dedicate this book to the often- unsung U.S. intelligence and law enforcement officers who have so often, so obscurely, died or languished in undeserved imprisonment in the silent war of the United States against the British monarchy's illegal drug traffic into our nation.

This book is published with special thanks to those intelligence and law enforcement officials who have given us such extraordinary assistance in cross-checking facts in putting the story together. These have included officials not only in the USA, but our nation's French ally, and also patriots in Canada embittered against what the Bronfmans and others have done to their nation and our own.

It is no exaggeration to sum up the situation thus: the only proper comparison for today's British drug traffic into the USA is the British monarchy's 19th century Opium Wars against China. There is more than a parallel. The same Hong Shang and other banking interests that developed their wealth in the China opium trade are involved in the financial side of the traffic against the USA — aided by those leading elements of the Zionist Lobby which have controlled organized crime in the USA and the Caribbean since the early 1920s.

This is a calculated form of political warfare against the USA by the British monarchy. Not only are the London-centered Canadian, Hong Kong, Singapore, and British West Indies financial interests involved in pulling tens of billions out of the USA — our biggest source of balance-of-payments losses — but this is a pre- calculated political warfare. The evil British intelligence executive — and head of the Aristotle Society — Bertrand Russell proposed this use of drugs as political subversion back during the 1920s. Among Russell's most prominent collaborators in this effort was Aldous Huxley, coordinator of the 1960s introduction of psychedelic substances to U.S. youth.

The fight against illegal drugs and against the evil forces of "decriminalization" is nothing less than a war against Britain, to the purpose of saving our youth and our nation from the destruction the British monarchy has projected for us.

http://en.wikipedia.org/wiki/Joseph_P._Kennedy,_Sr.
Excerpt:
During World War I, he was an assistant general manager of Bethlehem Steel and developed a friendship with Franklin D. Roosevelt, then Assistant Secretary of the Navy. Kennedy made huge profits from reorganizing and refinancing several Hollywood studios, ultimately merging several acquisitions into Radio-Keith-Orpheum (RKO) studios. After Prohibition ended in 1933, Kennedy consolidated an even larger fortune when his company, Somerset Importers, became the exclusive American agent for Gordon's Gin and Dewar's Scotch. He owned the largest office building in the country, Chicago's Merchandise Mart, giving his family an important base in that city and an alliance with the Irish-American political leadership there.
His term as Ambassador and his political ambitions ended abruptly during the Battle of Britain in November 1940, with the publishing of his controversial remarks suggesting that "Democracy is finished in England. It may be here, [in the US]."^[3] Kennedy resigned under pressure shortly afterwards. In later years, Kennedy worked behind the scenes to continue building the financial and political fortunes of the Kennedy family. After a disabling stroke on December 19, 1961, at the age of 73, Kennedy lost all power of speech, but remained mentally intact. He used a wheelchair after the stroke. Kennedy was one of three fathers (the other two being Dr. George Tryon Harding, Sr. and George H. W. Bush) to live through the entire presidency of a son. He died on November 18, 1969, two months after his 81st birthday.


http://www.who2.com/ask/josephkennedysr.html

Joseph Kennedy, Sr. Biography

Business Personality / Political Figure

The patriarch of the political Kennedy family, Joseph P. Kennedy was born during Boston's Irish boom of the late 1800s. Famously ambitious, Joseph Kennedy attended Harvard and by age 25 was already president of a small bank. Later he moved into investment banking, movie theaters, film production and liquor, becoming wealthy in the process. (It is often alleged that he ran liquor illegally during Prohibition.) Joseph Kennedy supported Democrat Franklin Roosevelt in the elections of 1932; in 1933 the new president made Kennedy chairman of the Securities and Exchange Commission. In 1938 FDR appointed him ambassador to Britain, making Kennedy the first Irish Catholic to hold that post. His 1913 marriage to Rose Fitzgerald, the daughter of Boston mayor John "Honey Fitz" Fitzgerald, resulted in nine children. Their son John F. Kennedy was elected to Congress in 1946 and became president in 1961. Two other sons, Robert and Edward, became U.S. senators.
Extra credit: Joe Kennedy, Sr. was a key player in his son John's political campaigns: "We're going to sell Jack like soap flakes" was his famous quote before the 1946 election... Several of Joseph Kennedy's children have died tragically: his oldest son Joe Jr. was killed in a plane explosion during World War II; daughter Kathleen ("Kick") was killed in a plane crash in France after the war; sons John and Robert were assassinated. Another daughter, Rosemary, had a lobotomy in 1941 and was institutionalized thereafter.
Joseph Kennedy, Sr. appears with his daughter-in-law Jackie Onassis in our loop on Clan Kennedy.