Posts Tagged ‘fraud’

The House of Morgan or How the Great Depression was Created

Monday, December 10th, 2007
Black Tuesday

Black Tuesday

Black Tuesday, October 29 1929 a giant economic implosion took place.

This implosion was the official start of the Great Depression.

The  implosion took place because Something or Somebody was pushing the economy UP while it wanted to go down. An artificial Up-movement of the Economy is called a Bubble.

J.P. Morgan was highly involved with the introduction of Fascism in Europe and the US.

He believed that the major enemy in the World were the Communists.

He was befriended with Mussolini and Hitler and organized a fascists putsch in the US by his own private army, the American Legion.

The putsch failed. The legion was used as a recruiting base for the rebirth of the Ku Klux Klan.

Morgan organized the US Communist Party to create an internal external enemy. Morgan used many other dirty tricks to accomplish his goals.

The British Empire was the largest empire in human history. At the time of the Great Depression it controlled a quarter of the world’s population (458 million) and total land area.

The ruling class of the Empire came out of old families and was trained in special institutions like Eton and Cambridge.

The British Empire was based on the ideology of “Free trade”. “Free trade” was necessary to expand the markets of the British Factories. The factories needed raw materials, logistics and markets.

When a country or a person blocked the free trade the British Army removed the obstacles.

Free trade was organized in Trading Companies. They created strategic outposts. When the outposts controlled the region the British Management System (Law, Education) was implemented.

The main goal of the System was to keep the natives under control, and to develop them slowly, and along their own lines.

The British Elite was very practical. They were conservative men with relativistic notions about what forms of government suited peoples (or ‘races’) best. They didn’t go in for ideal systems.

They also knew they did not have the numbers of personnel to try to revolutionize her subjects so they always used local collaborators. They practiced the method of “indirect rule”.

The American Friends of the British Elite shared the commercial attitude of their British friends. They opened up new markets and protected their trade.

They even invented a new tool, Financial Manipulation. In every other aspect they were very different. They were highly ideological and therefore not practical.

They were convinced they were the carriers of the Best Ideology on Earth, Capitalism.Their first priority was to Destroy the Evil Empire and the friends of the Evil Empire, the Soviet Union.

In contrary to their British friends they were not interested in indirect rule. When an enemy was destroyed they left the country and were convinced everybody would embrace their System.

The Power of the House of Morgan was lessened by the New Deal of Eleanor Roosevelt in 1933. Roosevelt organized a Social Contract that gave more influencers the possibility to take part in the US Government.

The Financial Power of Morgan never disappeared. His group is still behind many influential financial companies (Morgan Stanley, JPMorgan Chase) and institutions like the World Bank.

JPMorgan is reincarnated in the person of Jamie Dimon (JPMorgan Chase). He is playing the same game as his predecessor and is behind many of the intelligent tricks that are now performed behind the scenes in Washington.

Is History Repeating Itself??

The Economy was bubbling because the Government was “pumping” a huge amount of money into the economy. Therefore it was very easy to lend, to spend and to gamble with money on the stock-exchange.

Many people gambled enormous amounts of money on the Stock-Market but on Black Tuesday they lost their bet. They lost their bet because suddenly nobody believed the Up-state would continue.

Why was the US Government pumping so much money into the Economy?

The strange thing happened that the major money pumping engine (the FRS) was controlled by the Government of the British Empire. The US Government was not involved. It was totally powerlesss.The British Empire needed money to maintain the backing of the British Pound (The Golden Standard) and the “old boys” network in the Financial Business just made a deal.

The Government of the British Empire was controlled by an Elite. Lord Montagu Norman of the Bank of England and Benjamin Strong of the New York Federal Reserve Bank were of the same club. They arranged the Bubble.

Behind the Elite was one Very Important Person, J.P. Morgan. He was the sole owner of a small company called the House of Morgan. The House of Morgan held effective control of the American government for much of the late nineteenth and early twentieth centuries. Morgan used the US central banking system to increase the ability to lend more money than he possessed. US Citizens paid taxes and their money was used to realize the plans of Morgan and his friends.

Morgan helped his friends (including the Bush family(!)) to get rid of their huge debts and to “buy” many important US companies (AT&T, US Steel).

After Black Tuesday the “friends of Morgan” held directorships in 167 industrial concerns, banks, railroads, and utilities. They controlled the most important media in the United States, including the New York Times.
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How to make a Big Deal or How Bribing Changed the Games We Played

Thursday, September 27th, 2007

I have negotiated many contracts in my life. The biggest contract had a value of about 60 million Euros. In this blog I want to share some of my experience with you.

I want to start with a funny story. I start with a funny story because buying and selling has to be fun to both of the parties involved. If you don’t see it as a game you will never sell anything.

One day we wanted to make a world-wide deal with a big American Company. Because it was a deal between a Dutch and a US-company the deal was very complicated. We used legal advisors that knew a lot about US Law to help us. US Law is and was very different from Dutch Law. A US contract is ten times bigger than a Dutch contract because of all the liabilities the US-company wants to exclude.

When the contract was almost finished we had to make the Final Deal. To make the Final Deal an ESVP of the US Company came to Amsterdam with his private plane.

We prepared this meeting keeping in mind that we wanted to negotiate the lowest price possible. The first thing we did was to create the Magical Manager behind the scene. We were not the final decision-makers. Somebody, Our Boss, a very high level executive had to say Yes. He was not available to talk but when we were finished one of us could contact him.

The next thing we did was prepare a beautiful environment to eat. We knew the ESVP was from another time-zone so a little bit of alcohol (wine) could change his attitude.

The next thing we did was create tension. When he arrived we kept him waiting in a room for more than half an hour.

When the meeting started the ESVP was surrounded by five advisors. At that moment he was still not aware of ‘what the contract was about”. We knew every detail.

His first question was “What are we talking about”? His advisor whispered the amount in his ear. “Only twenty M?” he said (The contract was 20 million dollars). “Ok lets make a deal!”.

For some reason twenty millions dollars was nothing to him.

The fact that that he was not informed about anything gave us the oportunity to negotiate a dream contract. We asked him to have a talk in private and his advisors had to leave the room.

We took him to the beautiful restaurant in the Centre of Amsterdam and gave him a glass of wine. After some time the conditions of the contract changed in our favor. When we used our last “act”, the mystery manager, we even got a better price.

The ESVP left Amsterdam with a good feeling. He had negotiated the contract “on his own” and he never (!) heard about the effects of the contract because his plane left to another “important” meeting with an “important ESVP”.

What happened was something that is called “gunnen” in the Dutch language. “Gunnen” can be translated into “doing a favor” but this is not what “gunnen” means.

“Gunnen” means “I buy something from you because I like you and you like me” and “I buy something because you will do what you promise to do” and “I know that some how you will be buying something from me” and “you will tell your friends that it is a good thing to buy something from them” and “last but not least” “we have negotiated a fair price” and “we will never need the contract because when we will be in trouble we are able to sort things out” because ” I just have to phone you and you will solve our problems immediately”.

When you are a salesperson and you have a relationship with somebody that is able to “gun”, “to do you a favour” you are able to sell everything with ease.

For some reason “gunnen” is not possible anymore or better you have to “hide” “doing a favour” because “doing a favor” looks like “bribing”.

When I was responsible for big contracts salespersons tried to “bribe me” in many ways. I was invited to brothels, was offered presents (Christmas), was invited to have a beautiful and of course very interesting trip to a beautiful place, visit a concert etc… I was put under high pressure by using the “we know the big boss-trick” and some people even tried to block my career by telling dirty stories about me. I never gave in to these tricks.

Because others accepted bribes things went wrong. The others that accepted bribes were not removed out of the company. They staid and slowly the limits of what was “acceptable” were widened. In the end things went really wrong and to prevent (!) that these things would happen again the buying process was “formalized”.

We had to write RFP’s (Request for Proposal) and the Vendors had to respond to the RFP with a very detailed document. In the end one vendor was chosen and the other lost a lot of money because they had to spend a lot of time to write the proposal.

Sometimes the whole process was a fair process but many times it was already clear who would get the deal because “behind the scene” the process of “gunnen” just went on.

Now we are in the Final State called Compliance. Everything You are doing has be registered to show that You are doing the Right Thing. This is blocking almost everything Activity in a Big Company. It certainly blocks Innovation.

Believe me If People want to Bribe they always find a new trick. The only people that are the Victims of this almost Paranoid reaction are the people who were HONEST.

Strange how Honest people are always the Victims.