separately at the new jersey railroad station in november of nineteen ten and there they were to board the private railroad car of senator nelson aldridge a private railroad car was there and ready just for these other five gentleman and they were told to come to the station one of the time not to be seen together not to talk to newspaper reporters one of them carried a shotgun in a big black case so in case someone had asked them where he was going and why i'm just going he was supposed to say we find out later from his children and from his biographers that that wasn't even his conny never fired a gun in his life he just borrowed it so for the purposes of deception and when they got on board the train they were instructed when talking to each other in that private car not change their last names first names only and two of the men even dropped their first names and used code names and i thought when i was reading this can this really be true and then i found out it was true because it was written about by one of the gentlemen that was on the train and he told about all of this

in detail it was published in the saturday evening post a few years later and to cut to the chase the reason for all of this secrecy and the reason they went to jekyll island away from the prying eyes of the world was because they were writing a bill which was being sold to the american people as a way to break the grip of the money trust that was the phrase they used in those days people were concerned about this concentration of economic power in the hands of a few very large investment firms and wall street and they wanted legislation to control those big bad bankers and so these are the guys or these were the big bad bankers every one of them writing their own legislation to control themselves so that had the public been known that this bill to break the grip of the money trust was written by the money trust where then the scam would have been out in the open and that was the reason for the secrecy are you think one view is that i thank you ladies who are most wealthy and powerful people in the country basically trying to . preserve that power and wealth and to continue to grow it while on the surface

looking like they were doing something for the populist movements that were rising up against the private cartels and the money trust or you have that view that's exactly what was happening these are these people are not stupid you know and they knew that there was this public wave of resentment and they knew there was going to become some kind of legislation so they didn't wait for it to happen i said let's do it let's write it ourselves in the lead lead their own oppositions what they basically have done and you see that happening in politics all the time even today but yes they formed a cartel and they made it look like it was a legislative act to control the banks when well it controlled the banks but according to their rules love it or hate it though some people would say you know what no matter how the bed was hatched there were panics every twenty years in the late eighteen hundred and early one thousand nine hundred and those got better after the federal reserve was created so what would you say to that well i'd say

that there's just have credit for that because there were panics of course leading up to the creation of the fed there were bank failures and panics but the reason for those was exactly the same reason that we've had them ever since the fed is because private banks not national banks but the state banks and wildcat diets and so forth were running wild creating money out of nothing and inflating the money supply and all that they did when they created the federal reserve they didn't put a stop to that what they did is they got it all together and organized and institutionalized and so now it was happening on a national level is that about the state level interesting and real quickly before we go because we are going to talk about greece and you know the debate has kept coming back to what do creditors want what do banks want is there something to these private cartels where the banking system is consolidated and then it does the bidding of what the banks want before everybody else is that they know a fact in europe right now. i think that's a pretty good summary i think the old at. you know you thought of the money and the

other one he who you know has the gold makes the rules that's the golden rule and when you give the banks and banking cartel it's the power to create the money for the nation the politicians get in line for that because they need the money to please the voters and give out to all the goodies of the benefits and so over a period of time i don't think it started that way but it doesn't take too long a decade or two there's this gravity of power shifts away from government into the financial world and you feel you find a melding of the two where it's hard to separate which is the which is the banking interest and which is the government interest and today we have people like you know timothy geithner and other secretaries of the treasury they all come from the banking fraternity don't do it right they sort of you know how can you say that the treasury is separate from banking and are supposed to be you know one controlling the other well we certainly appreciate you being on the show and helping the best that we can to separate those you think that they at least make that of it that with the average record author and filmmaker you can be sure to check out his web

site or you should be there to check out of every hour you don't don. before we go we got into a little bit with geographic but we've got to cover greece ok we've got to me trick of being as you have literally been glued to the live feed at the parliament i think ever since last week or something and you have a unique perspective because you've covered these and you are greek let's be honest here so the first you know what we hear very frequently you know the austerity and the riots that's what a lot of the coverage has been focused on but to me it's so much more and that as

you obviously very well know and one thing that we've been talking about is wealth extraction and how that happens when a country is in this situation where it's so in a depression basically and it's being extracted how does that work that you've been talking about on a very personal level with people that are there i mean the simplest way to say it is it's just so it's the fifth year of a recession so it's a depression so a lot of people could have been considered wealthy before they might have had a part of their lives they still do they don't have liquidity just like when a bank gets into it into a liquidity crisis what does that mean the banks don't have money they have a lot of assets but they don't have cash coming in so they have to sell and they say well we're wealthy but we don't want to sell our assets so give us a bailout this isn't happen for the people the people now are in a liquidity crunch the same with the banks work in two thousand and eight in a liquidity crisis because they don't have money i think that they want to. have being cut but also its mission is drying right and there's also a psychological effect which is the book people have pricing of depression and so they're not spending and so money supply contracts you can see that those official

numbers from the bank of greece but it's also logical to expect that money is not circular yet so you hear a lot in greece one is not circulating. and that means that liquidity is drying up and now people have all these assets have to sell them eventually that's how about that wealth attraction works and we have been in greece during the german occupation people have to say. anything they have wealthy people just go a loaf of bread but when you do they sell to greece in a depression if you want to spend money so what happens now i mean eventually the idea is that they sell them to people that are able to price in a bottom at some point it could be rich foreigners it could be rich politicians internally but it's a fire sale you're for at a level that's very cheap because you're in a crunch right basically it's an impoverished of the people i mean it's there's nothing crazy about that but in the sense that it's not something that surprises anyone but. people just they just don't seem to understand that when they talk about when you hear these politicians talking about greece and these numbers most of us pick the countries that have the depression and people are there they don't

have money i mean one of a famous member of the communist party giving the speech in parliament two months ago and that was that she got a piece of bread and a cord of milk and she should do the math three hundred thirty costs and the cost of living in greece is far and beyond now what normal people can afford day is that people don't have money and it's very crazy situation that people don't quite comprehend so let's just bring up a couple of the things that we've seen just to kind of show that you know there is there was a cloud old man believing on the street is that it was the nicest area of athens you had this and he throwing the agreement right there that bookie takes any chalk stay there it is flying through the air the people that are sneaking in parliament you know i don't know what is really the significance of these things so what you're seeing in various levels in the society in this case you're seeing it in the heart of the parliament of the democratic institution you're seeing. you're seeing kind of a kind of energy in the sense that you're under arrest you have those those are

part of the communist part of the course of against them around them and they're through that. memorandum. was the economic minister the vice premier why he was speaking so you got this i was being poured it's being torn apart and that's why i brought this we'll see these forty which are the people wearing the dark masks and they're just the kiss you know causing trouble you see run into them an old man both getting hit so there's are these torn and and and it's being it's being torn in its core so it's a very tragic situation to see and it's and the lesson i guess for the viewers i would say for for people who are grieving is that this can and will happen to other countries totally and that's what you were saying as you were watching it day anybody in the u.s. you said debt doesn't matter it matters ok i don't care who you are we're going to leave it at that but it's really good to get that sense of what really is at stake here so that was going to treat telling us and that's all we have time for thank

you so much for tuning in the free to follow me on twitter at warren mr give us feedback on the show and you tube dot com slash capital account come back tomorrow and from everyone here alkali count have a great night. touches it so much i can tell you the other animals tell. me start time there's no shortage

of a spirit in the slashing of fudge of the spreading of the welfare state generate jobs in return especially. if. explicitly to. sixty. to seventy. six such. stuff.

syria is in shambles the un and split over want to do and now the arab league wants to you want to send peacekeepers into the country to stop the violence there is lots to talk about and we'll get through it all for you. and the u.n. isn't the only one playing the blame game israel is now pointing the finger at iran for the bombing at its embassies in india and georgia so was this a case of tit for tat or is there wrong on just the scapegoat.

and the first cut is the deepest greeks take to the streets after their government council harsh new austerity plan so what does this mean for the global market and for the people of greeks i now in just a few minutes. it is monday february thirteenth five pm in washington d.c. i'm christine prison. well it starts today with a look at the situation in syria that's really having an impact not just on the people inside that country but it geopolitically in the way different countries view what is going on and what needs to happen and response i mean i remember just over a week ago a u.n. security council resolution was drafted calling on syrian president bashar al assad to step down but that her foot proposal was vetoed by russia and china and since then the question has loomed about how to respond and what kind of outside response

is necessary well today a meeting of the one hundred ninety three nation u.n. general assembly was convened to discuss the situation in syria and to try to sort of get that resolution pushed through anyway as many leaders use the opportunity to publicly criticize the syrian government but other than talk it's uncertain if any action will come out of today's meeting our g. correspondent on a starting a church going to has been monitoring the meaning and joins me now from our studios in new york and. from what i understand there's been a lot of talking all day i know that you've been kind of watching and keeping your eyes and ears on everything happening there what is the latest. well the latest is that this meeting has definitely last of the entire day we've been hearing speeches from dozens of countries that started early in the morning and of course like you mentioned kristie and this comes only a week after a double veto from russia and china blocked an arab and western backed resolution

on syria at the security council so what we saw today and are still continuing we'll be seeing in the days to come is an attempt from the saudi arabia and qatar to go to another body of the united nations and attempt to find some kind of decision there even though the general assembly does consist of over one hundred ninety members we have to keep in mind that it's not nearly as powerful as the security council because whatever decision comes out of the general assembly is by no means binding it's only seen as a recommendation by the rest of the international community and what's key here is that the tax office of this supposedly resolution of the general assembly will be voting on voted on has not even been circulated yet from what we're hearing on the ground even though that's what we've been expecting a vote to take place all day today we're hearing that maybe a document will be circulated in the hours to come either by the saudis or egypt we're going to have to wait and see but the key here is that it's so we're hearing about it's going to be pretty much the same document that russia and china vetoed and russia and china's problem with the text was that it seemed biased to the

countries saying that it only named the syrian government as the main cause of the conflicts going on on the ground in syria but not the arms group the armed groups and that's something that continues to be a major sticking point the recognition of the two sides to this conflict by the international community i think it's an important point you make. regarding the difference between the u.n. general assembly the u.n. security council what's the point then i mean if the u.n. g.a. despite having a lot more members has a lot less power what is the actual point of today's meeting or are they just trying to send a nothing are they trying to put pressure on russia and china what do you gathering is the point of obvious. well our christian from what we understand the message the point of this really is to send a symbolic message to the syrian government more so than russia and china because we've been hearing all of these countries make speeches city says saying that the syrian government is committing atrocities so really this is another opportunity

for those who do support regime change on the ground to send out criticism towards the syrian government many experts are saying really that the fact that of this symbolic diplomatic gesture is being attempted at the united nations does not really need much because any sort of document is not going to help stop the crisis on the ground unless it pushes for a cease fire so many are saying that should be priority prioritized at the general assembly these days and not just you know a lot of words of criticism and that's what we've been seeing today but initial resolution of course supporting the arab league and their plan to ask the syrian president bashar assad to step down. the arab league also is hoping that the u.n. will send peacekeepers into syria and again this plan was met with some competing arguments talk a little bit about the different sides in terms of sending peacekeepers into syria why or why not do people think that's

a good idea. well there are definitely have been some sort of i guess suspicion and wondering in terms of exactly what kind of mission these peacekeepers would have on the ground as you rightly say the arab league did suggest sending troops of peacekeepers onto the ground in syria but this is something god first of all of damascus has met with some watch all of our questions and is not prepared to accept as of yet and we've heard from russia say that first of all it does kind of believe that it was not the best idea to suspend the observer mission on the ground first of all and russia has been saying that this is something that. would be considered boxset more details are needed in terms of exactly what kind of numbers you know what and what kind of exactly specific reasons the peacekeepers would be there for because for what we understand right now of course is there's no peace to keep on the ground so russia saying let's push for negotiations and a cease fire of both sides first before any such consideration would begin to

really make sense. just to just one final question and as you mentioned that as of now from what you've learned from what you understand no vote is expected today at the u.n. general assembly. what happens is it continue then tomorrow the next day until something is decided on can something actually be decided and that's what we're expecting definitely some sort of document will be passed around by the saudis and qatar we are of course we know that this document is going to be pretty much the same thing that was vetoed at the security council but we're expecting yes in the days to come as this sort of vote to take place and whether or not it's going to have some sort of significance is really a big question mostly symbolic in this particular case because like we said the general assembly does not have any binding power when it comes to conflicts around the world right in our new york studios r.t. correspondent on the stuffy a chicken or. the u.s.

still though doesn't seem to want to give up its quest for regime change in syria saying it's only a matter of time before the assad government collapses and as history shows washington may find a way around the barriers including the un if it decides to push its own agenda and syria artie's guyana chica has more. what's seen of mandate having failed to reach international consensus on syria it's been a complete waste of time washy complete pairs to act around the u. way for the time being the administration firmly rules out any form of u.s. military intervention in syria but the pentagon is busy laying out an attack strategy on syria just in case the president called for action experts say history shows the absence of international consensus would not be an obstacle to washington if it decides to go ahead with intervention the united states sees the u.n. as a tool of convenience of the u.n. is supple and going along with the united states then the united states is fine to

have a u.n. sanction for its actions but when the u.n. and the people of the world or the countries of the world resist then the united states says the u.n. is unwilling to do its job and then uses other instruments like nato or other military arrangements they did in the case of yugoslavia they did that in the case of the iraq war whenever the u.n. doesn't go along the u.s. then says well the heck with you one will use some other instrument for the exercise of american power last year the u.n. security council authorizes new to protect civilians in libya but the mission resulted in regime change the libyan authorization of force was very specific and it didn't authorize regime change in the countries. that provoke an operation clue you know actually for exceeded the u.n. mandate and that operation i think that symbolic of the fact that these u.n. mandates really are meaningful in the terms of international law and that's just the reality of it the new countries have flooded the lead rebels with weapons despite a u.n. arms embargo u.s.

government wants to you one but they want are you willing to do the u.s. bidding wave united states uses the united nations in regard to the israeli post in question is very emblematic in the united nations passed resolutions which he has done repeatedly demanding that the israelis get out of the west bank and earlier gaza and earlier decide. united states didn't enforce those resolutions they didn't demand that they be enforced when it came to the united nations saying the palestinians have a right to be a recognized state the united states actually does it was a crime against humanity that the united nations they're taking up the issue palestinian rights we can see here a manipulation of the united nations when it does with the united states wants fine but when it stands with the palestinian people which it has repeatedly over and over again then the united states government republican or democrat a way to condemn the united nations. the u.s.

also did not support the resolution on syria forward by russia which would call for all sides in the conflict to stop the violence and to start a dialogue instead he chose to take sides in a civil war. one might describe to us that we do towards the u.n. as use if needed go around if you don't like it but while an approach to the world body might washington it makes for a bad recipe for world ability i'm going to check on reporting from washington. so i don't r c getting testy with tehran israel blames iran for attacks on two of its embassies in india and georgia before the smoke has even cleared bring you the very latest escalation of tension that's next. the people calling what you said for free and fair elections.

and they're still reporting from the plant you can hear behind me loud explosions. i mean. i got it gave me a. dry right i mean it's like a derivative of actual paper it's a food product essentially. somewhat stronger than anything it's. used thousands of times i'm stronger than any one of the history of ever pushing the.

well there are a heightened tensions today over who was behind a pair of attacks that took place at two of israel's embassy wanted india and went to georgia now in new delhi india and israeli diplomats car was destroyed and at least four people injured including a diplomat's wife who was in the car now a bomb targeting the israeli embassy into police the ga was actually defused before it went off and israel the israeli prime minister benjamin netanyahu is blaming iran and him if this is the case and maybe leave it's in retaliation for a series of killings of iranian nuclear scientists iran though has denied any involvement and no question this will serve to make worse what is already a pretty bad situation in relations between the two countries to discuss this i'm joined now by stephen lindeman writer host and for for aggressive radio news hour there stephen as of now there are

a couple viewpoints out there regarding this bombing an attempted bombing the one in india was carried out using motorcyclists carrying sticky bombs very similar to what happened last month in tehran in which an iranian nuclear scientist and his driver were killed iran says though this is all a lie and a propaganda campaign facilitated by israel how do you think the rest of the world is viewing mass. well in america you can you can guess which. i haven't shared so i really watch american t.v. i can really contain myself when a cure but certainly accusations against iran and hizbollah will flow thicken ferrous if i had a bleep anybody and i certainly don't guarantee evidence if i got it if i had any in my top suspect who. i mean because i mean being a principal of attacks like this or attempted acts edibles science degrades all

over them but recall last october he alleged well i guess the saudi ambassador in washington they don't read supposedly where. the charges didn't pass the smell here it didn't even rise to a little over the movie in here in your headlines reached in a very painful people in other countries just laugh it charges from is so ludicrous israel makes characters america makes tragedies christine but nowhere would insist provide. one motivation with an aside israel is intelligence agency have for targeting to israeli embassy. well the motivation will be to blame it on the rare obama but it is real there's no compunction about to leap to is will is anybody else if it serves their intention america is no compunction about killing americans he said americans are going to be creators of war so we

have no interest in new security or will be or when they come born in terrible condition or more fully physically be treated very very marginally they don't get it clearly needed israel is pretty much the same way but you always need to ask one key question when something like this comes out keyboard no love him or earth but a rare enough to give him a retching year of tensions with the wrists already accusations plotting against the return rate no he has no evidence substantiate anything including its alleged nuclear weapons program it's entirely bogus according to u.s. intelligence as of march two thousand and eleven is no evidence whatever proving it . isn't no evidence proving it but you sure you have always insistently

israel has made even them the us media and making them any gear lots of accusations no charity just people no wonder latest ones and the so called saudi ambassador to . the rear can't possibly have anything between they doing so that's what is seems like to me a it seems to me that there is already so many people looking for an excuse to launch an attack against iran that it would be you know it all troubling to to wonder what their motivation might be but you know there are people out there stephen who say israel i mean not israel iran is testing the wires they want to see how far you know these threats will go against them i mean is there any value to that part of it is that we're all the history of a rare and in the past two hundred plus years years. it's not a tear in a country in the least to use a hundred years.