My previous post seems to show that Marx did not use the term "capitalism" as a synonym of "free market".

Here is a post with lots to think about...some of it may actually be true...


"THE MORGAN CONNECTION

George Peabody, a Massachusetts's trader, set up a banking house - George Peabody & Co. - in London in 1837. He became regarded as a "financial ambassador in London. Carrol Quigley attributes the use of tax-exempt foundations for manipulation of society to Peabody, seen in his IllumInati Peabody foundation. Daniel Colt Gilman, a member of the Skull & Bones and first President of the Carnegie Institution, was involved in the establishment of the Peabody foundation. He was in such high regard by the elite that they have erected a statue of him across from the Bank of England. Peabody was getting old and needed a younger partner. Junius Morgan, of Hartford, Connetticut, was recommended to Peabody. In 1854 Junius and his family arrived in London to join George Peabody & Co. When the elite's concocted American Civil War broke out, Peabody and Junius Morgan raised loans for the North. It appears JunIus played both sides of the war. Ralph Epperson claims Junius was one of the Rothschild agents who shipped supplies to the South. When Peabody retired in 1864 Junius took over the business. The firm was re-named JS. Morgan & Co. That same year Junius' son, J.P. Morgan, became a junior partner in the firm. A year later J.P. left for America to represent the firm in the New York. After the end of the Franco-Prussian War, Junius Morgan was called on to help restore the French etonomy. Around this time his bank was talked of as a rival to the Rothschild's New Court, but Junius was a Rothschild agent, when he prospered so prospered the Rothschilds and the Illuminati. J.S. Morgan & Co. was one of the Rothschild's great power tools in the United States. In 1869 JunIus' son, J.P. Morgan went to London to met with the Rothschilds. They laid out the plans to form Northern Securities, a company that would act as an agent for New Court in the US. J.P. ruling as a proxy for the family. In 1871 Junius' son, J.P. Morgan, made an alliance with Tony Drexel, heir to the powerful Philadelphia bank. Their firm - Drexel, Morgan & Co. -resided in an extravagant new building on Wall St., which is still Morgan headquarters today. After the Europeans got over their lack of confidence at the end of the CIvil War, money began to stream across the ocean to the US., providing massive profit for the firm. It set out to finance the growing number of industrial projects in America. The House of Morgan was getting extremely rich.

Junius retired in 1879 and J.P. took over JS. Morgan & Co., reorganizing It under the title J.P. Morgan & Co. "J.P. Morgan soon became a symbol of the growing centralization of American money." He was very monopolistic. His agents would create cartels through 'Morganization." By 1896 the IllumInati families Payne, Whitney and the Vanderbilts all bad money in Morgan-Guarantee Company which was run by the "J.P. Morgan and Guggenheim outfits."

At a certain point he controlled neariy half the American railroad system. He established the United States Steel Corp. ("based on Andrew Carnegie's Pittsburgh Steel mills") In 1901 by raising the "unprecedented" amount of $1.4 billion. J.P. was adept at creating financial syndicates for the Illuminati, joint efforts to further the "Great Plan." President Welliam Mckinley began prosecuting the Rothschild's Morgan-run Northern Securities under the anti-trust laws in 1900. In 1901 Mckinley ran for a second term and appointed a new vice-president, Theodore Roosevelt, a lock, stock and barrel Illuminatus. Less than a year later he was assassinated. When "Teddy" became president the prosecution of Northern Securities stopped. For this reason some people think Mckinley's death was ordered by J.P. Morgan and the Rothschilds. He was able to set up a syndicate, with the help of Rothschild agent, August Belmont, Jr., that bailed the U.S. out of a Treasury depletion. The syndicate raised $65 billion in gold. The sum would be repaid by an issue of bonds. J.P. received some criticism for the strict terms of the deal. For 5 months in early 1907, J.P. Morgan was in Europe, traveling back and forth between London and Paris, presumably visiting the Rothschild House's there. A. Ralph Epperson writes: "Apparentiy the reason Morgan was in Europe was because the decision was being made to have Morgan precipitate a bank panic in America. When he returned, he started rumors that the KnIckerbocker Bank in New York was insolvent." Panic ensued. People began a mass withdrawal of their deposits - a run. The Knickerbocker run had a domino effect, other banks had runs and the Panic of 1907 ,,was complete." J.P. Morgan oversaw the banking communities response to the Panic of 1907. The whole Incident helped the elite push for a central bank. One man who knew of the plot was historian Frederick Lewis Allen, who wrote in LIFE magazine: ,,...certain chroniclers have arrived at the ingenious conclusion that the Morgan interests took advantage of the unsettled conditions during the autumn of 1907 to precipitate the Panic, guiding It shrewdly as it progressed, so that it would kill off rival banks, and consolidate the pre-eminence of the banks within the Morgan orbit." The Panic of 1907 made people want a powerful central bank that could "protect" the common man from the "abuses of the Wall Street bankers." This whole thing eventually led to the creation of the Federal Reserve. One of the men with the Morgan financial groups was Harold Stanley. Stanley was a member of the Skull & Bones. After J.P.'s death a Morgan firm became Morgan, Stanley & Co. J.P. Morgan died in 1913. HIs son, Harvard educated J.P. Morgan, Jr. took over (most conspiratorial writers do not make a distinction between these two). J.P. Morgan, Jr ran the bank with a team of managers that was led by Thomas Lamont. Morgan, Jr was, like his father, a power-hungry international banker. He was famous for his handling of Immense foreign loans. Most Importantly J.P. Morgan, Jr appears to have followed in the footsteps of the former heads of the House of Morgan by working with the Rothschilds."