Hammering the USSR's Economy

·        Biblio The Bush Family's Project Hammer

- by Deanna Spingola, 8 Feb. 2010

Hammering the USSR's Economy

In 1989 President George H. W. Bush began the multi-billion dollar Project Hammer program using an investment strategy to bring about the economic destruction of the Soviet Union including the theft of the Soviet treasury, the destabilization of the ruble, funding a KGB coup against Gorbachev in August 1991 and the seizure of major energy and munitions industries in the Soviet Union. Those resources would subsequently be turned over to international bankers and corporations. On November 1, 2001, the second operative in the Bush regime, President George W. Bush, issued Executive Order 13233 on the basis of “national security” and concealed the records of past presidents, especially his father’s spurious activities during 1990 and 1991. Consequently, those records are no longer accessible to the public.¹ The Russian coup plot was discussed in June 1991 when Yeltsin visited with Bush in conjunction with his visit to the United States. On that same visit, Yeltsin met discreetly with Gerald Corrigan, the chairman of the New York Federal Reserve.²

Because of numerous Presidential Executive Orders, the ethically questionable Project Hammer was deemed legal. Of course, even Hitler’s acts were “lawful,” as he had manipulated the laws to accommodate his actions. Many of Reagan’s executive orders were actually authored by Vice President Bush or his legal associates, and it is possible that Project Hammer was created by Reagan’s CIA Director, William Casey, who had directed OSS operations through Alan Dulles in Europe during World War II. Prior to his OSS affiliation, Casey worked for the Board of Economic Warfare which allegedly targeted “Hitler’s economic jugular.”³ Allen Dulles, brother of John Foster Dulles, was the Director of the CIA from 1953 to 1961. He was a senior partner at the Wall Street firm of Sullivan and Cromwell, which represented the Rockefeller Empire and other mammoth trusts, corporations and cartels.

Project Hammer was staffed with CIA operatives and others associated with the National Security apparatus. Covert channels were already in place as a result of other illegal Bush activities. Thus, it was a given (1) that the project would use secret, illegal funds for unapproved covert operations, and (2) that the American public and Congress would not be informed about the illegal actions perpetrated in foreign countries. The first objective was allegedly to crush Communism, a growing political philosophy and social movement that was initially funded by the usual group of international bankers who now supported their demise. To this end, the “Vulcans,” under George H. W. Bush, waged war against the Soviet Union.⁴

The Return of the Vulcans

In their reincarnation in the administration of George W. Bush, the Vulcans functioned as a supposedly benign group, led by Council of Foreign Relations (CFR) member Condoleezza Rice, who attempted to augment and compensate for the Bush's lack of experience and education concerning foreign policy during his presidential campaign. Rice had been President George H. W. Bush’s Soviet and East European Affairs Advisor in the National Security Council during the Soviet Union’s dissolution and during the German reunification (July 1, 1990). The resurrected Vulcan group included Richard Armitage, Robert Blackwill, Stephen Hadley, Richard Perle, Rabbi Dov S. Zakheim, Robert Zoellick and Paul Wolfowitz. Other key campaign figures included Dick Cheney, George P. Shultz and Colin Powell, all influential but not actually a part of the Vulcan Group. All of these people, associated with the George H. W. Bush administration, returned to powerful, strategic positions in George W. Bush’s administration.

Richard Perle and Paul Wolfowitz have been accused of being agents for the Israeli government. Investigations by Congress and the FBI have substantiated those allegations. Zakheim and his family were heavily involved in Yeshivat Sha’alvim, an educational organization in which students are taught to render absolute commitment to the State of Israel.⁵

Many of these individuals were also members of the Project for a New American Century (PNAC) which was established in the spring of 1997 with the intention of promoting American Global leadership at any cost. The chairman and co-founder was William Kristol, son of Irving Kristol (CFR), considered the godfather of neo-conservatism which promotes the ideas of Max Shachtman and Leo Strauss, a noted Zionist and professor of political science at the University of Chicago. Kristol’s co-founder was Robert W. Kagan (CFR). Kristol is also the editor and co-founder, along with John Podhoretz, of the Weekly Standard Magazine, established September 17, 1995 and owned by Rupert Murdoch until August 2009. This “conservative” magazine is edited by William Kristol and Fred Barnes and promotes Middle East warfare and a huge military budget, a mentality that infects the most popular “conservative” talk show radio hosts. Kristol is a trustee for the Manhattan Institute which was founded by CIA Director William Casey and was staffed with former CIA officers.

The Vulcans had almost limitless financing from a cache known by several names – the Black Eagle Trust, the Marcos gold, Yamashita’s Gold, the Golden Lily Treasure, or the Durham Trust. Japan, under Emperor Hirohito, appointed a brother, Prince Chichibu, to head Golden Lily, established in November 1937 before Japan’s infamous Rape of Nanking, to accompany and follow the military. The Golden Lily operation carried out massive plunder throughout Asia and included an army of jewelers, financial experts and smelters.⁶ While the Nazis also engaged in plundering the countries they invaded, they were not as organized and methodical as the Japanese. After the Allied blockade, Golden Lily headquarters were moved from Singapore to Manila where 175 storage sites were built by slave laborers and POWs. Billions of dollars worth of gold and other plundered treasures were stockpiled in these underground caverns, some of which were discovered by the notorious Cold Warrior, Edward G. Lansdale who directed the recovery of some of the vaults. Truman and subsequent presidents, without congressional knowledge, have used those resources to finance the CIA’s chaotic clandestine activities throughout the world. Much of the Middle East chaos is financed by those pillaged funds. A tiny portion of that treasure was the source of Ferdinand Marcos’ vast wealth. Marcos worked with the CIA for decades using Golden Lily funds to bribe nations to support the Vietnam War. In return, Marcos was allowed to sell over $1 trillion in gold through Australian brokers.⁷

In July 1944, the leaders of forty-four nations met at Bretton Woods, New Hampshire to plan the post-war economy and to discuss organizing a global political action fund which would use the Black Eagle Trust ostensibly to fight communism, bribe political leaders, enhance the treasuries of U.