Excerpts From:
The Creature from Jekyll Island
A Second Look at the Federal Reserve
by G. Edward Griffin
ISBN 0-912986-21-2
608 pages
 
 
 
 
 

Pertaining to The Council on Foreign Relations



Page 283:
    The Bolshevik revolution was not a spontaneous uprising of the masses. It was planned, financed, and orchestrated by outsiders. Some of the financing came from Germany which hoped that internal problems would force Russia out of the war against her. But most of the money and leadership came from financiers in England and the United States. It was a perfect example of the Rothschild formula in action.
    This group centered mainly around a secret society created by Cecil Rhodes, one of the world's wealthiest men at the time. The purpose of that group was nothing less than world domination and the establishment of a modern feudalist society controlled by the world's central banks. Headquartered in England, the Rhodes inner-most directorate was called the Round Table. In other countries, there were established subordinate structures called Round-Table Groups. The Round-Table Group in the United States became known as the Council on Foreign Relations. The CFR, which was initially dominated by J.P. Morgan and later by the Rockefellers, is the most powerful group in America today. It is even more powerful than the federal government, because almost all of the key positions in government are held by it's members. In other words, it is the United States government.
    Agents of these two groups cooperated closely in pre-Revolutionary Russia and particularly after the Tzar was overthrown. The American contingent in Russia disguised itself as a Red Cross mission allegedly doing humanitarian work. Cashing in on their close friendship with Trotsky and Lenin, they obtained profitable business concessions from the new government which returned their initial investment many times over.
 

Page 87:
...............It wasn't born with all these features fully developed, just as the Federal Reserve wasn't fully developed when it was born. That, nevertheless, was the plan, and it was launched with all the structures in place.
    The theoreticians who drafted this plan were the well-known Fabian Socialist from England, John Maynard Keynes,¹ and the Assistant Secretary of the U.S. Treasury, Harry Dexter White.
ThE FABIAN SOCIETY
    The Fabians were an elite group of intellectuals who formed a semi-secret society for the purpose of bringing socialism to the world. Whereas Communists wanted to establish socialism quickly through violence and revolution, the Fabians preferred to do it slowly through propaganda and legislation. The word socialism was not to be used. Instead, they would speak of benefits for the people such as welfare, medical care, higher wages, and better working conditions. In this way, they planned to accomplish their objective without bloodshed and even without serious opposition. They scorned the Communists, not because they disliked their goals, but because they disagreed with their methods. To emphasize the importance of gradualism, they adopted the turtle as the symbol of their movement. The three most prominent leaders in the early days were Sidney and Beatrice Webb and George Bernard Shaw. A stained-glass window in the Beatrice Webb House in Surrey, England is especially enlightening. Across the top appears the last line from Omar Khayyam:

Dear love, couldst thou and I with fate conspire
To grasp this sorry scheme of things entire,
Would we not shatter it to bits, and then
Remould it nearer to the heart's desire!

    Beneath the line Remould it nearer to the heart's desire, the mural depicts Shaw and Webb striking the earth with hammers. Across the bottom, the masses kneel in worship of a stack of books advocating the theories of socialism. Thumbing his nose at the docile masses is H.G. Wells who, after quitting the Fabians, denounced them as "the new machiavellians." The most revealing component, however, is the Fabian crest which appears Between Shaw and Webb. It is a wolf in sheep's clothing!¹
COMMUNIST MOLES
    Harry Dexter White was America's chief technical expert and the dominant force at the conference. He eventually became the first Executive Director for the United States at the IMF. An interesting footnote to this story is that White was simultaneously a member of the Council on Foreign Relations (CFR) and a member of a Communist espionage ring in Washington while he served as Assistant Secretary of the Treasury. And even more interesting is that the White House was informed of that fact when President Truman appointed him to his post. The FBI had transmitted to the White House detailed proof of White's activities on at least two separate occasions.² Serving as the technical secretary at the Bretton Woods conference was Virginius Frank Coe, a member of the same espionage ring to which White belonged. Coe later became the first Secretary of the IMF.
    Thus, completely hidden from public view, there was a complex drama taking place in which the intellectual guiding lights at the Bretton Woods conference were Fabian Socialists and Communists. Although they were in disagreement over method, they were in perfect harmony on goal: international socialism.

Page 110:
CFR SETS STRATEGY
    The brain trust for implementing the Fabian plan in America is called the Council on Foreign Relations (CFR). We shall look at it closely in the future chapters, but it is important to know at this point that almost all of  America's leadership has come from this small group. That includes our presidents and their advisers, cabinet members, ambassadors, board members of the Federal Reserve System, directors of the largest banks and investment houses, presidents of universities, and heads of metropolitan newspapers, news services, and TV networks.² It is not exaggeration to describe this group as the hidden government of the United States.
    CFR members have never been shy about calling for the weakening of America as a necessary step toward the greater good of building world government. One of the CFR founders was John Foster Dulles, who later was appointed Secretary-of-State by CFR member Dwight Eisenhower. In 1939 , Dulles said:

        Some dilution or leveling off of the sovereignty system as it prevails in the world today must take place ... to the immediate disadvantage of those nations which now possess the preponderance of power.... The establishment of a common money ... would deprive our government of exclusive control over a national money.... The United States must be prepared to make sacrifices afterward in setting up a world politico-economic order which would level off inequalities of economic opportunity with respect to nations.³

CFR member Zbigniew Brzezinski was the National Security Adviser to CFR member Jimmy Carter. In 1970, Brzezinski wrote:

... some international cooperation has already been achieved, but further progress will require greater American sacrifices. More intensive efforts to shape a new world monetary structure will have to be undertaken, with some consequent risk to the present relatively favorable American position.³

At the Spring, 1983, Economic Summit in Williamsburg, Virginia, President Ronald Reagan declared:

    National economies need monetary coordination mechanisms, and that is why an integrated world economy needs a common monetary standard.... But, no national currency will do--only a world currency will work.

    The CFR strategy for convergence of the world's monetary systems was spelled out by Harvard Professor Richard N. Cooper, a CFR member who had been the Under Secretary of State for Economic Affairs in the Carter Administration:

    I suggest a radical alternative scheme for the next century: the creation of a common currency for all of the industrial democracies, with a common monetary policy and a joint Bank of Issue to determine that monetary policy... How can independent states accomplish that? They need to turn over the determination of monetary policy to a supranational body. [Emphasis in original]...
    It is highly doubtful whether the American public, to take just one example, could ever accept that countries with oppressive autocratic regimes should vote on the monetary policy that would affect monetary conditions in the United States.... For such a bold step to work at all, it presupposes a certain convergence of political values....¹

    Phrases such as, monetary coordination mechanisms, modern world economic order, convergence of political values, or new world order are not very specific. To the average person, they sound pleasant and harmless. Yet, to the insiders of the club, they are code phrases which have a specific meaning: the termination of national sovereignty and the creation of world government. CFR member Richard Gardner, another adviser to President Carter, explains the meaning of these phrases and also calls for the Fabian strategy of deception and gradualism:

    In short, the "house of world order" will have to be built from the bottom up.... An end run around national sovereignty, eroding it piece by piece, will accomplish much more than the old-fashioned frontal assault.²

    As for the programmed decline of the American economy, CFR member Samuel Huntington argues that, if higher education is considered to be desirable for the general population, "a program is then necessary to lower the job expectations of those who receive a college education."¹ CFR member Paul Volcker, former Chairman of the Federal Reserve, says: "The standard of living of the average American has to decline... I don't think you can escape that."²

Page 273:
    The Council on Foreign Relations was a spin-off from the failure of the world's leaders at the end of World War I to embrace the League of Nations as a true world government. It became clear to the master planners that they had been unrealistic in their expectations for rapid acceptance. If their plan were to be carried forward, it would have to be done on the basis of patient gradualism symbolized be the Fabian turtle. Rose Martin says:

    Colonel House was only one man, where a multitude was needed. He had set the pattern and outlined goals for the future, and he still had a scheme or two in mind. In particular, he foresaw it would be necessary for the Fabians to develop a top level Anglo-American planning group in the field of foreign relations which could secretly influence policy on the one hand and gradually "educate" public opinion on the other....
    To the ambitious young, Fabians, British and American, who had flocked to the peace conference as economists and junior officials, it soon became evident that a New World Order was not about to be produced at Paris.... For them, Colonel House arranged a dinner meeting at the Hotel Majestic on May 19, 1919, together with a select group of Fabian-certified Englishmen--notably, Arnold Toynbee, R.H. Tawney and John Maynard Keynes. All were equally disillusioned, for various reasons, by the consequences of the peace. They made a gentlemen's agreement to set up an organization, with branches in England and America, "to facilitate the scientific study of international questions." As a result two potent and closely related opinion-making bodies were founded.... The English branch was called the Royal Institute of International Affairs. The American branch, first known as the Institute of International Affairs, was reorganized in 1921 as the Council on Foreign Relations.²

    It is through this front group, called the Council on Foreign Relations, and its influence over the media, tax-exempt foundations, universities, and government agencies that the international financiers have been able to dominate the domestic and foreign policies of the United States ever since.

Page 304
    As mentioned previously, the think-tank and talent pool for the implementation of this strategy has been the Council on Foreign Relations. In 1996, the Managing Editor of the CFR's monthly journal, Foreign Affairs, was Fareed Zakaria, who offered the following rationalization:

    Yes, it's tempting to get rid of Saddam. But his bad behavior actually serves America's purposes in the region... If  Saddam Hussein did not exist, we would have to invent him.... The end of Saddam Hussein would be the end of the anti-Saddam coalition. Nothing destroys an alliance like the disappearance of the enemy.... Maintaining a long-term American presence in the gulf would be difficult in the absence of a regional threat.²

    That is about as clear a statement of the Rothschild Formula as one is apt to find. Yet, many people cannot believe it is real, even Congressmen. For example, Representative James Traficant from Ohio, speaking before the House on April 29, 1997, exclaimed:

    America gives billions to Russia. With American cash, Russia builds missiles, Russia then sells missiles to China. And China, who gets about $45 billion in trade giveaways from Uncle Sam, then sells those Russian-made missiles to Iran.
    Now, Iran, with those Russian-made missiles sold to them by China, threatens the Mideast. So Uncle Sam, who is concerned about Iran threatening the Mideast because of those Russian-made missiles sold to them by China that we financed by American cash sends more troops and sends more dollars.... Mr. Speaker, this is not foreign policy. This is foreign stupidity.¹

    Traficant is on target with his analysis of the problem, but he missed the bull's eye regarding the cause. American leaders are not stupid. They merely are implementing the Rothschild Formula. To justify world government, it is necessary to have wars and the threat of wars. Wars require enemies with frightful weapons. Saddam Hussein is one of the best enemies money can buy.
    If it is true that Western leaders are deliberately funding their own enemies, we must assume they have considered Lenin's prediction that, by so doing, they are preparing their own suicide, ours also by the way. We must also conclude that they are confident of avoiding that destiny. Whether they are right or wrong is not the issue here. How they plan to bring that to pass is the subject of a later section, but perpetual war is an important part of it. Unless we are able to break the grip of these strategists, the Rothschild Formula will continue to play a major role in our future.

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Thomas Jefferson once admonished that "Eternal vigilance is the price of liberty,"

With that in mind, read this book.
Jeff Busch