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How Money Power controls the Libertarian movement in the 21st century

October 8, 2012

Left: William Rees-Mogg, the fascist British Lord who pulls the strings behind most of the Libertarian movement and “hard money” community

In yet another groundbreaking article, Memehunter explores the crucial role that Agora plays in the Libertarian propaganda effort. This outlet, controlled by Lord Rees-Mogg, ex-editor of the Times, and former member of the Governing Council of the BBC, is responsible for the dissemination of the lion’s share of modern Libertarian spin.
Many ‘heroes’ and ‘alternative’ media outlets are directly controlled through Agora, including the Daily Bell, the Daily Reckoning and even The International  Forecaster is directly linked to this network.
The Rees-Mogg connection shows how, from the top down, the Libertarian and Mainstream Media are One.


by Memehunter for Real Currencies and the Daily Knell

In a series of articles earlier this year, Anthony Migchels and I exposed how Libertarianism and Austrian economics were sponsored by the elites as a dialectical counterpart to Communism during the 20th century. See especially:

Old Rothschild- and Rockefeller hands controlled the Libertarian-Communist dialectic

How the Money Power spawns Libertarians

The sad truth is that not much has changed during the last 60 years. We already know that Ron Paul is backed by billionaire Peter Thiel, a member of the steering committee of the Bilderberg group.

But what few people realize is that the entire Libertarian movement is still controlled by a handful of individuals who are directly connected to the highest elite circles, including the Rothschild dynasty. In this article, we will shed more light on these connections and expose the elites’ control of the Libertarian movement in the 21st century.

The Agora Empire

As documented in The Daily Bell Hoax?, blogger (and libertarian sympathizer) Lila Rajiva recently revealed that Ron Paul had a longtime partnership with James Dale Davidson, founder (with Lord William Rees-Mogg) of the financial conglomerate Agora Inc. Through the Agora network, Davidson, Rees-Mogg, and executives Bill Bonner and Addison Wiggin control most of the “hard-money” investment newsletters and “free-market” websites in the West, most of them ferociously pro-Paul.

These outlets include: Anthony Wile’s Daily Bell, Bonner’s Daily Reckoning, Doug Casey’s International Speculator, Gary North’s Remnant Review, The Oxford Club, Whiskey & Gunpowder, Laissez-faire Books, a leading libertarian bookseller, and a slew of other “alternative media” websites. It is no exaggeration to say that Agora controls most of the Libertarian material published in the West.

Rajiva’s revelations are important because they blow apart the myth of the “Ron Paul revolution” as a grassroots movement, and confirm Paul’s close ties with elite globalist financial concerns. In fact, Lyndon Larouche’s Executive Intelligence Review (cited by Rajiva) implied a direct link between Libertarian circles and the Rockefeller and Rothschild, the very elites whose domination they claim to abhor!

Libertarians, “hard-money” investors and power elites: an enduring partnership

 Although Davidson and Rees-Mogg apparently promote pseudo-libertarian solutions and “free-market” thinking, both are bona fide members of the highest elite circles. Davidson was likely a Rhodes scholar (although he does not publicize this information), a leading indicator of acceptance into elite British circles.

His partner Rees-Mogg was a longtime editor of the Times and a member of the governing council of the BBC. He is a member of the very select Roxburghe Club and apparently has ties to the Pilgrims Society. He also belongs to The Other Club, together with British and Zionist aristocrats such as the Cecils, Howards, Cavendishes, Rothschilds, and Oppenheimers. Rees-Mogg is also on the board of Rothschild’s St. James Place Capital.

Rees-Mogg and Davidson apparently work in tandem with mainstream British journalist Ambrose Evans-Pritchard, whose father was a military intelligence officer and who has long been suspected of being an intelligence asset himself. It is surely no accident that Evans-Pritchard, known for his anti-Clinton crusade and hard-money sympathies, is one of the few mainstream journalists frequently cited by Wile’s Daily Bell, but very few readers would suspect that they are essentially partners.

Although Rees-Mogg is associated with the Libertarian movement, he would be more accurately described as a fascist. In an article entitled “It’s the Elites Who Matter”, published in the Times in January 1995, Rees-Mogg publicly called for limiting education to the top 5% of the population, creating an elite that would be ideally positioned to dominate the remaining 95% of the people after Rees-Mogg’s so-called “Information Revolution” would bring in a feudalist dystopia.

Soon after Davidson and Rees-Mogg published The Sovereign Individual in 1997, they founded the Sovereign Society, another Agora offshoot. Besides Davidson and Rees-Mogg, the Board of Advisors of the Sovereign Society has included over the years some of the best-known names in the “hard money” community, such as Doug Casey (a classmate of future president Clinton inJesuit hotbed Georgetown University), CIA asset Mark Skousen (son of a FBI agent and nephew of J. Edgar Hoover’s assistant Cleon Skousen), perennial libertarian candidate Harry Browne, the Aden Sisters (Pamela and Mary-Ann), and Daily Bell advisor Ron Holland.

Casey also founded the Eris Society, a group of “free thinkers” who meet annually. Among the past speakers at Eris Society meetings, we find the names of Ron Paul, Skousen, Browne, Davidson, “Uncle” Richard Maybury, and investor Jim Rogers. Already in 1994, Casey, Davidson, and Skousen were collaborating on a presentation about “ERIS Island”, indicating that their partnership predates the foundation of the Sovereign Society.

Another Agora spin-off is the FreedomFest, the “world’s largest gathering of free minds”. While FreedomFest claims to be independent and “not affiliated with any organization or think-tank”, we find that it is coordinated by Skousen and Holland’s wife Tami, and that speakers associated with Agora are regularly invited. Perhaps surprisingly, Bilderberger Peter Thiel was featured as a keynote speaker in 2011.

Of course, the old Libertarian networks centered around the Volker fund that we exposed in Old Rothschild- and Rockefeller hands controlled the Libertarian-Communist dialectic are still active: thus, Gary North, a Volker protégé, retains an enormous influence in Austrian economics. More interestingly, alumni of the Libertarian think-tanks sponsored by the Volker fund and its affiliates are often found working together with the “new generation” of Agora-associated hard-money investors.

For instance, academics Richard Ebeling, past director of the Foundation for Economic Education, and Tibor Machan, a scholar of the Institute for Humane Studies, are advisors for the Daily Bell. Together with Lew Rockwell, director of the Ludwig von Mises Institute, they also sit on the advisory board of Ron Holland’s Biologix Hair Inc., a company that claims to have developed a therapy for hair rejuvenation.

Only one degree of separation between Rothschild and the Daily Bell

 The Daily Bell is a prime example of these apparently independent libertarian outlets that are in fact closely associated with the highest elite circles. The Bell, which earlier this year had to close its comments section in the face of an onslaught of negative criticism, is well-known for its staunch support of Ron Paul, strident goldbug mindset, stubborn advocacy of Austrian faux economics, and more recently for its vociferous condemnation of anti-interest activists.

Not only is Ron Holland, senior editor at the Daily Bell, a longtime associate of Rees-Mogg and Davidson, but so was perennial libertarian candidate Harry Browne, with whom Daily Bell founder Anthony Wile worked for several years.

More importantly, Davidson and Rees-Mogg were once shareholders in Lines Overseas Management (LOM), the Bahamas off-shore company implicated in a stock manipulation affair for which Wile, along with other shady entrepreneurs, was in litigation with the SEC for most of the last decade. Interestingly, the late Bob Chapman was also named in the same SEC probe, raising serious doubts about Chapman’s International Forecaster as well.

In fact, Davidson and Rees-Mogg blatantly promoted LOM in The Sovereign Individual, citing the “triple-digit returns” of their “colleagues” at LOM (p. 298), and advising their readers to contact LOM for investment of “sums in excess of $100,000” (p.403). This indicates that Wile was already involved in a close business partnership with Davidson and Rees-Mogg in the late 1990s, an association that is likely to have lasted much longer given Wile’s longstanding partnerships with Browne and Holland, both advisors at the Sovereign Society.

Considering that Rees-Mogg is an advisor to Rothschild, we can say that there is essentially only one degree of separation between Rothschild and the Daily Bell. How ironic given the Daily Bell’s endless posturing as a free-market publication that aims to “expose the power elite and their societal manipulations”.

But there is more to the story. In The Daily Bell Hoax?, I revealed the existence of a business partnership between the Daily Bell and gold mining concern Dicon Gold Inc., whose main assets are located in Colombia. At the same time, Kathleen Peddicord, founder of the Agora-affiliated “Live and Invest Overseas” publishing group and a member of the Board of Advisors of the Sovereign Society, was recently promoting Colombia, and especially Medellin, as a “screaming bargain” for real estate.

Perhaps not coincidentally, the Daily Bell recently started praising former Colombian president Alvaro Uribe’s pro-business administration, although Uribe was once listed by the Defense Intelligence Agency as an “important Colombian narco-trafficker” and “a close personal friend of Pablo Escobar”. It is difficult to imagine that the well-informed editors of the Daily Bell would not have been aware of this fact. I will leave it to the reader to connect the dots…


 Although the names have changed, the cozy relationship between the top Money Power elites and the Libertarian movement has remained essentially the same for the better part of a century, if not longer. This connection must be relentlessly exposed because Libertarian “alternative media” outlets and “hard money” entrepreneurs continually promote their views as being “pro-freedom” and “anti-elite”, in contrast to the mainstream “statist” message, whereas they have in fact always been part of a centuries-old Hegelian dialectic which is entirely controlled by the same transnational oligarchy. We must recognize these gatekeepers for what they are and look beyond their phony posturing if we want to find real solutions to the economic and political issues that our society is facing.

 Special thanks to reader Bob whose comments (here and here) sparked this investigation

h/t to Faux Capitalist for pointing out Chapman’s involvement with Lines Overseas Management

Visit the Daily Knell, a new blog on which Memehunter, Anthony Migchels (Real Currencies), and Jason Erb (Exposing Faux Capitalism) expose libertarian lies, Austrian faux economics, and phony elite dialectics.

  1. You just know that all the Paulbots and anarcho capitalists will shrug all this off as conspiracy theory crackpotery. I’ll bet a pot of gold on it.

    Not all libertarians are connected to the financial oligarchs. Bill Still is aware of all that you wrote about and rejects all the aspects of libertarian and austrian economic thought that binds one within the dialectic of debt slavery. He is an advocate of decentralized monetary policy involving debt free fiat issued by a national bank, and controlled at the state level. It’s also why he didn’t get the nomination from the libertarian party. Johnson took money from the banks while a republican canidate, and is their apologist as a libetarian.

  2. Gary North is separating from Agora as posted October 3, 20112:

  3. marxbites permalink

    I suppose this all goes back to Menger too, eh boys?

    Think you can trust the greenbackers not to debase the currency too?

    What crackpot baffoonery we have here!!! ;>)

    WTF do you people want to trash the very system of sound money, that America’s founders penned in response to REJECT the debauched fiat system of KGIII (Rothschild) that has allowed these psychopathic scum, lenders of all sides of all wars, that made America the wealthiest, happiest nation in history, and despite shylock’s 1st & 2nd Banks US, and the CW’s banking nationalization, to collect the worlds gold from the PEOPLE into THEIR hands in exchange for their rotten wasting FIAT?

    And what prevents YOUR paper garbage non-commodity system from being abused any less than this one already has been by ruling class dictate?

    Gold & silver became universally accepted money NOT by the dictate of any ruling class thugs who always endeavoured to debase it for their own selfish gains.

    Money is simply an intermediary of exchange. And mankind chose gold and silver whose value cannot be debased by ANY printing press theivery.

    We wants our gold BACK from shylock who’s plundered it, get it “Lebowski”?

    Think yer gonna just instantly displace all the Rothschilds denizens in positions of control within govts the world over?

    Ron Paul would have ended these wars, brought our troops home, and ended my dollars going to Israel, closed 5 major depts of this criminal govt, and worked to end the freakin FED and audited Ft Knox as well.

    HE was our last chance in this world hurtling towards a globalized “Germany” circa the early 30’s police state.


    • According to Bill Still, the responsibility to control the volume of fiat money can be shared with or given outright control to the individual state banks. I believe this approach is better than allowing private banks/hedge funds to manipulate the value of a nation’s currency by trading and speculating of gold or some other commodity on the open market . Interest free fiat is a pure medium of exchange that does tax wealth creating labor and transfer it to the plutocratic cabals.

      My beliefs may not go far enough and may appear too trusting of govt for most money reformers like Anthony, but nonetheless, i believe this is a movement in the right direction.

      • marxbites permalink

        The power to counterfeit is STILL (no pun intended) the power to counterfeit.

        Abe did it and so did the So even worse, hence they lost, in fact freeing the slaves became the wedge’s thin end of enslaving everyone.

        • Fiat Money is only counterfeit if it is lent at compound interest. Commodity money will be counterfeit from fractionally lending, which is an inherent problem that is unavoidable. Debt free fiat cannot be counterfeit because it comes into existence only when there is a corresponding demand in the form of labor, products and services.

          Abe funded the civil war without leaving any debts via greenbacks. What other war can claim this?

          • Worse still, even in a full reserve banking system based on Gold, we would still be paying the same amount of interest in real terms, and this interest would still end up with the same people.

            The problem is not debt, it’s interest. The problem is not the phoney paper vs. gold, it’s interest and manipulation of volume. the problem is not even private vs public issue! The problem is interest and manipulation of volume.

          • koenraad priels permalink

            Man, it’s kind of a relief, after all those years of research, to finally meet people who truly understand that it’s the interest that destroys us… Thanks.

          • >>>What other war can claim this ?
            No other war. Other wars did not invent fairy tales about Abe the willing tool of the money power.

            Instead of flaunting your sore lack of knowledge, study history some times; not the garbage compiled by charlatans like the Lizzard of Oz.

            (Napoleon used silver, and left behind no state debt)

          • Napoleon sold territory west of the Mississippi to t Thomas Jefferson for 3 million dollars in gold; a deal known as the Louisiana Purchase. So much for silver…

            Later he borrowed money from the Eubard Banking House of Paris to equippe an army that lost to the Rothchild funded Wellington.

          • Like I said, read history for a change, not the garbage from book-peddlers like bill still.

            It was not 3 million; and it was not gold; in 1814 he left money in the treasury
            So what exactly did your lynch-mob leader, Lincoln, do to finance a war on behalf of the money power ? (oh, yes he established a national banking system, and joint the state to the banks)

          • REN permalink

            The priniciple is that “volume and interest” were not abrogated. Greenbacks were issued in volumes that did not break the law. Greenbacks were issued exactly in accordance with their charter, no more and no less. The principle is that law based currency can control volumes and interest. Who controls the money supply controls all. It is not a great mental leap to see that money supply issuance can be controlled when it is lawful. Even better, if issuance is transparent, the people can monitor their money supply. That this principle was proven by Greenbacks cannot be sniffed away as so much blather. It is a real principle, a marker in history that should not be ignored.

  4. marxbites permalink

    In the absence of sound money, over time private corporations become mere extensions of powerful government and banking fiat.[28][565][566] Libertarians such as Murray Rothbard argue that in such a toxic monetary environment resource allocation is perverted by some or all of the following factors: corrupt alliances between so-called “private corporations” (which are often extensions of government or banking interests) and regulators; increasingly intensive business structures to suit the needs of a concentrated and cartelized banking system; and the constant overriding of small communities and local government planning with central government directives to satisfy the needs of big business.[567][28] In such a corrupted monetary system, libertarians argue that financial and man-made environmental crises cannot legitimately be blamed on “private” corporations but rather blame must fall squarely on the true source of the problem – centralized government control of credit and money, which in turn dilutes private property rights (especially in relation to traditional owners and farmers) and creates massive distortions in scarce resource allocation, with environmental crises being the predictable consequence.[28][568][569][570]

    Oh yeah, Rothbard & Misesians are on SHYLOCK’s side are they?

    And gues what, Still, like Ron Paul would ALSO bring all our troops home.

    What we as Humanity need to do is put shylock on global trial and re-expropriate what they’ve spent centuries criminally looting from us all.

    If we temporarily need a “greenback” system while in the process of the above, thats cool too.

    Austrians HATE the statists, why dont you all?

    • Abu Aardvark permalink

      marxbites asks “Austrians HATE the statists, why dont you all?”


      Well, because if there is no state/government, people will resort to cannibalism (and other atrocities like voluntarism or precious metals as money) within 48hrs since humans are not designed to get along without benevolent guidance from on high.

      The sharp guys running this website long ago figured out everything about this.

      I’d love to elaborate, but I have to prepare my daily blood sacrifice asap – otherwise the sun will not rise tomorrow morning.

      • marxbites permalink

        I keep saying we need to stop feeding the vampires, but if you must…….

        • You miss Austrian recipes don’t stop the feeding of the beast. ‘reform’ that does not end usury is no reform. Gold, also in ‘free/private’ banking is completely controlled and the bankers manipulated volume in the easiest ways possible.

      • marxbites permalink

        Make that malevolent FORCE Abu.

    • Memehunter permalink

      “Austrians HATE the statists, why dont you all?”

      It is possible not to be a statist and yet not to endorse Austrian faux economics. I think that Anthony Migchels has convincingly demonstrated that this option is viable on Real Currencies.

      • Do you know where you are ?
        This blog is a statist blog (nothing wring with it, but should know)

  5. But the Bilderberg-Rothschild-Rockefller network controls all political parties and news outlets in America not just the Libertarians. The Libertarian candidate said the Federal Reserve does not need to be audited.

    I am convince that Obama was told to throw that debate to Tomney. The bankers want Obama to be there to get the rioters to focus on his race when the dollar collapses in December. And they want a new President in January because Obama will be of no further use. I think the people will break free when the dollar fies. This article tells what I think will happen.
    So What Happens In 2013 When The Number Of Poor In America Goes From 100 To 280 Million?

    • Memehunter permalink

      “But the Bilderberg-Rothschild-Rockefller network controls all political parties and news outlets in America not just the Libertarians.”

      Agreed. Here is what I wrote in the conclusion:

      “…Libertarian “alternative media” outlets and “hard money” entrepreneurs continually promote their views as being “pro-freedom” and “anti-elite”, in contrast to the mainstream “statist” message, whereas they have in fact always been part of a centuries-old Hegelian dialectic which is entirely controlled by the same transnational oligarchy.”

      The problem is that Libertarians present themselves as being somehow “different” (i.e., not connected to the elites like others political movements and news outlets), and this article shows that it is simply not true.

      • marxbites permalink

        Baloney, Mises, Hayek and ESP’LLY Rothbard never had a kind word to say about the likes of Rothschild, Morgan, Rockefeller and the rest of the criminals.

        Indeed Rothbards entire career was spent showing us just how those reprehensible bastards have used their influence to get the corp state mercantilism thats made them all wealthy beyond common folks belief.

        Of course these sobs co-opted our Ron Paul grassroots TP for themselves almost immediately just as they sent their henchmen to infiltrate OWS and ALL other anti-establishment orgs they possibly could.

        So, how is it our MSM and political ruling classes did their ALL, and by breaking campaign laws and misreporting RP’s Iowa WIN to keep him out of the GOP convention?

        Surely any of RPs shortfalls are meaningless compared to getting the FED really audited so the people can then see just what has been done to them?

        How do you square that circle?

        • Memehunter permalink

          Mises, Hayek, and Rothbard were funded by Rothschild and Rockefeller, either directly or indirectly.


          • Because their analysis of the business cycle is phoney (true, it’s related with credit bubbles, but that is just the mechanism with which the Money Power purposefully generates the ‘business cycle’) and they try to ignore or whitewash interest, which is the main tool of domination.

          • “… they try to ignore or whitewash interest, which is the main tool of domination.”

            “The rich rule over the poor and the borrower is servant to the lender.” Proverbs 22:7

            If you don’t want to be dominated, then don’t borrow. You can live without borrowing, can’t you?

            “Dishonest money dwindles away, but he who gathers money little by little makes it grow.” Proverbs 13:11


        • Rothschild does not care about nice words.

          He cares about 5 to 10 trillion in interest per year. In return you can call him anything you want. He’ll even pay you to do so, as long as you don’t touch the real issues and blame the state. And say it’s the Central banks, and not the commercial banks, etc. etc.

  6. >>>>dialectical counterpart to Communism during the 20th century

    what is communism ?

  7. Good day Anthony,

    I consider myself a longtime reader of your website and what I have noticed is that “realcurrencies” (if you call what this website supports real currency) only shows disdain for Austrian Economics.

    You often discuss about dialects on this your website. Your most hated dialect is the Liberaterian vs. Communist dialect but your website forms its on dialect, Greenbackers VS Goldbackers dialect.

    Go online and you can find Economists supporting so many different forms of currency.Why do you spend the majority of your articles hating only Austrians. You can not possibly tell me that there are no flaws with the other monetary systems being promoted by other economists but you only continue to show extreme disdain for ONLY austrian economists.

    To make a long story short, I am distrustful of your motives and ambitions not only that I am distrustful of the motives and ambitions of the Anti-Austrian movement because they promote the paper money.



    • Hi NoName,

      Well, to be honest: I don’t even know what you’re talking about! Just check the Interest Free Economics page: I discuss just about every viable alternative to the current paradigms imaginable.

      The reason I waste so much time on austrian economics is because it is so prevalent in the Alternative media and few have the economic wherewithal to bust their chops. So that’s why I have been amusing myself with that dirty little job.

    • Is there an elephant in the realcurrencies dialectical room?

      Ron Paul has always been a libertarian. Before the 2008 election campaign he was elevated to stardom.

      Ellen Brown has never been a greenbacker. She has been a lawyer who never worked in law office. She used to sell books on nutrition.
      She was elevated to stardom (of printing-press money, her version of greenbacks) prior to the 2008 election campaign.

  8. Could someone tell if Mises, Rothbard, or DiLorenzo
    ever invented quotes, fabricated quotes
    ever regurgitated other people’s vomit
    ever plagiarized

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