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David Rutherford
Do you know what a financialist kill chain is or how it's going to be the end of nations? Well, it's time for you to join me and my guest, EM Burlingame on the David Rutherford show as a, a person that is pretty much consumed with what's taken place on X and Instagram and all of the other, you know, monologues and dialogues that are taking place every single day. And the explosion of, of, of kind of this historical relevance that's that we're seeing emerge on the Internet from the Martyr Maid podcast to Revisionist History podcast, all of this, I find myself really trying to get focused on individuals that seem to have a real understanding and grasp of the details of history, not just, you know, to synthesize it or give a glossy overview. And so as I was preparing to go on Dan Halloway's show, the Citizen podcast, which I highly recommend for everybody, it's a great show. I was doing my research. I came across a gentleman named E.M. burlingame and who, you know, obviously you look at his resume, you know, former Green Beret, he's a researcher, he's an author, you know, and I started following him and what I quickly began to realize was that his grasp and understanding of history is not only impeccable, but it's, it's actually, it provokes such a deeper sense of thinking that it sucked me in to where I was like waking up every day and I was thinking to myself, man, I want more, I want more. And then I started commenting and next thing you know, we started chatting and he started feeding me a lot of his stuff that's on his website on emberlingame.com and his writings. And I really began to go, wow, this guy has a deeper understanding that I really want to share with my audience. So Em, man, it is such a privilege to have you on. I'm really excited about digging into the financialist Kill Chain article you wrote. And so thank you so much for joining us today.
E.M. Burlingame
Well, it's my pleasure. I don't generally engage with people very often other than a small group, but the things that you were putting up and your commentary on it was like, okay, well, this is a guy that. He gets it more than. Certainly more than most of the soft guys, but more than a lot of the other pundits as well, so.
David Rutherford
Well, thank you. You know, one of the, I think the difficult things that, you know, I talk about often with, with my other friends is, you know, we're. There's a representation of our communities that, you know, are, Are putting out really interesting content and it's, you know, I think it's a lot of what, what, what people want to see and want to hear, whether it's, you know, the team room stuff or it's the tactical evaluation stuff or whatever. But, you know, what my favorite are when guys actually, you know, are able to utilize their experiences in the world that we come from as, As a conduit for opening their consciousness to a much more. What would be the right word, a much more hard reality to the fact of, of. Of the roles we actually play in geopolitics. I'll never forget when I first my, my, my. My only combat deployment in the teams in the summer O2, when I used to believe that I was, you know, the tip of the spear. I was out there and I was going to change the course of history and next, you know, and I realized, well, not only am I, you know, upon not a pawn on this, you know, you know, you know, chessboard of a million infinite chessboards playing a game I don't understand with rules that aren't really the rules, but I was actually like a piece of lint on the felt underneath the pawn. And, and I, you know, finding other people that are able to deliver that without demeaning the significance of the communities that we come from, the historical relevance in the work of are our compatriots who've really, in the individual way, have done remarkable things, but are still able to take a step back and go, whoa, there's a much bigger picture here going on. So you're that guy for me.
E.M. Burlingame
Well, I think maybe perhaps because I had an unusual path into SOF, I didn't get there until I was in my 40s. I had my 42nd birthday the second day of selection.
David Rutherford
Oh my gosh, the first time I.
E.M. Burlingame
Went to selection because I separated my right shoulder. Had to go back about seven months later and finally did get selected, but I already been in tech. I'd already been in Silicon Valley, I'd already been an investment banker, and I'd oriented around technology mostly. I've been in the yacht business for a little bit as a chief financial officer in Europe. So I. And, you know, in Monaco and, you know, so I'd had a. And then I had a very unique mother and childhood, so I'd had a lot of this kind of experience. I went into soft because there was some. There were some dynamics I didn't understand that I couldn't get in the books, that I couldn't get in the conversations with the community I came from and engaged with. And I was also looking in financial data when I was doing analysis and due diligence for investments around the world, and things didn't add up. It's, you know, what was being articulated by the best financial information companies and OSINT companies, et cetera, at the time didn't match up to what was going on in the world. And. And then you'd see even the best analysts were not able to make the right analysis. I was like, okay, well, something's wrong with the baseline frontline data. I need to get out there in the world and outside of the, you know, curated safety bubble of an investor in some part of the world. And the only way to do that was like. And in a certain mission set, I was like, okay, well, the only guys I know that do that are the Green Berets, you know, specifically the DIME mission. Diplomacy, information, military, economics. Right. And then increasingly the finance, intelligence and law enforcement are legal as well. And so I'd already had a bit of a life before, which gave me a little bit of a different perspective, you know, substantive. And then I had an immense amount to learn about, about SOFT itself and its mission and the people and. And then there it was, the same thing. It was like, okay, well, we're out doing work, but the data doesn't match up to what we're being told.
David Rutherford
That's right.
E.M. Burlingame
The intelligence doesn't match up. And then I was like, I was involved in writing some of the intelligence reports, and then I go back into the certain database of databases later on, a year or two years later, and what I've written wasn't, that's not what we wrote. Somebody had edited that before it finally got accepted. Right. So then I started going, I wonder how much that's been happening in history. Right, exactly. Wonder how. And then it's like, okay, but, so why is that happening? Well, I'd had Some time in algorithmic high frequency trading before I went in, in late 2008 and I would look at Target because I went into the targeting side of things with the sif and it was interesting who we were allowed to look at for targeting and who was actually being exercised. And as you know, that's not always kill, you know, more often than not it's, you know, if not capture, co opt in some other way to get them working for you. Right. But it was like who were we actually, who was, who was the tier one guys and you know, the equivalent tier one local assets actually exercising? And why? Why them? Well, it sure turned out a whole lot of times that if you talk to the threat finance guys, you'd find out why. And it had something to do with moving some stock in some exchange, you know, some market around the world for three or four days. So algorithmic trading guys could make a billion dollars or so.
David Rutherford
Yep. That is, those are the things that kind of hit you like a ton of bricks. For me, the big one was when I left the teams, I went to work for Blackwater, right. And my, my second gig, well, first gig was working in azerbaijan for about 10 months and our job was to design and implement a maritime interdiction program for the Caspian. And what ended up coming out was it's essentially some type of reconnaissance mission for the nuclear material that's moving north and south, you know, from Russia and Iran. And then the next one was doing training counter drug commandos in Afghanistan, which is the greatest, what is it, the greatest irony on the planet when after the second op I was mentoring on and it was the second drug lord we tried to take down and there was nobody there, right? And so that's for me all of a sudden, you know, and I'm just a kid still and I thought I had understand a little bit of the world, but now all of a sudden, things really start to unfold for me. And by the time I went to work for, you know, the agency, it was a whole different ball game at that time. I was, I was kind of awoken to the real complexities of how all of this stuff is interlaced. And that's why I think, you know, the content that you're putting out is so critical to help people understand the depths of, of these, maybe, you know, these, these playbooks, if you will, right? These, these, these are frameworks that have been in place not, not for, you know, strictly post World War II or post Vietnam or even the modern, you know, gwad. I mean, these are playbooks that have been around for a long, long time.
E.M. Burlingame
Yeah.
David Rutherford
And, and so what I was hoping you could do today is just introduce, you know, that one article, the evolution of the financialist kill chain and you could explain what that financialist kill chain is and then the history of, of this story so we can get people to try to start to think in a grander scale about how all of this stuff is interrelated.
E.M. Burlingame
Yeah. So maybe we walk through the seven steps of the kill chain itself and little background just, just to give you. In the 90s I did corporate restructuring. This was after the leverage buyout days of the 80s where you know, junk bonds, cheap, you know, the equivalent of cheap free money at the time, you know, like qualitative, easy now built the private equity industry back in the gecko days. The Gordon greed is good. Right. The KKR days, the, you know, so a good number of the billionaires that we have today were made in the leverage buyout days. Right. The non tech oligarch ones. So on the other side of that, in the 90s we had to fix all those problems. We had to because all of it was, it was one of the first great fleecings. It took all of these private companies, right? All these assets, all these private companies, slammed them together in these big conglomerates, raised massive amounts of debt to make those acquisitions, floated junk bonds to get people to pay for IT and IPOs, all of which though 80 plus percent of the proposed value of these, break everything up, bring everything together into big massive conglomerate companies, centralize everything. All these, you know, value unlocking things that were sold to raise all this debt and junk paper and to dump these onto the public markets was all a lie. It was never intended for that. It was intended for the fees that were made in the process and the wealth that people made in the markets by taking wealth from retirement funds that were increasingly legally allowed to invest in the stock markets. Okay. In the 90s we had to fix all those problems or many of those problems and unfortunately we couldn't fix a whole lot. But there was things we could do well recently and I don't know why I didn't think about this before, but maybe it just wasn't. Part of the path is I started to realize, well, that happens at the level of nations principalities, dukedoms, earldoms, baronets, you know, that this has been going on for a very, very long time. And the Westphalian world model put in place in the 1600s is what really instantiated this in all of the west at every level so maybe we talk the kill chain. And keep in mind that it's both corporations, banks. So this is playing out in the business and industry and finance, but it's also happening in the. The state level, at the nation state level.
David Rutherford
Okay.
E.M. Burlingame
With the same financialist behind it all. So the first step is infiltration and influence. So the financialists embed themselves in a country's leadership posing as advisors or allies. What the hell is the we. The World Economic Forum. Right.
David Rutherford
The stakeholder. Right. It's the stakeholders.
E.M. Burlingame
Yeah, right. So what was Operation Maxwell Epstein really wasn't about kids? That was just a mechanism. And there's all kinds of other ways to compromise people and to get them onto. Right, so, right, that's the infiltration and influence. Then there's debt entrapment. They push unsustainable loans, locking nations into repayment cycles. What was the whole climate crisis thing? The whole climate, you know, you got to invest all of this money. You know, cities, counties, states and nations had to invest, you know, or create municipal bonds the financialists could buy and trade so that you could raise the debt, so that you could roll out this new infrastructure. Right. And everything related and all kinds of other things. But that's one that comes to my top, my mind in the process, what are you doing? You're identifying assets, right? You're identifying the assets in that country or in that company or that corporation. Because now you're on the inside. Now you got people on the inside. Now you have, you know, you're trying to expand upon what you're doing. You're trying to. You're bringing more people in who get paid off a little bit or make some money or some career or whatever it is. But what you're really doing inside of all of there is you're identifying assets of value to you and you're figuring out, how can I gain access to that asset? How can I? Because what do the financialists need more than anything else? They need collateral, right? Because you've got to have collateral for debt. They don't create anything ever, ever. So they have to find assets that others have created and established and in the form of states, nation states. That's infrastructure.
David Rutherford
Wow. And is that utilities? Is that you? That's, that's your commodities, right? That's the stuff that comes out of the ground. That's your correct rare earth.
E.M. Burlingame
It's also, it's also revenue basis for power generation. So it's your utilities, it's your, you know, so power generation, gas. So it's also tax bases, right? So San Francisco, for the financialists, that's an asset, that's a revenue generator, right? So you sell bonds to build up or improve your revenue generating utilities. Those bonds are purchased by the financiers, they're paid off by the taxpayers or they're, they're secured and guaranteed by the tax base, right? What is the US national debt? The US national debt is, you know, is the. Using the United States tax base as an asset, as a collateralized asset in the form of that debt is, is collateral. It's why Treasuries are the most secure collateral in the world, the most sought after collateral in the world. Why? Because it's backed up by the, by the ability of the United States to enforce people to pay tax through the use of violence.
David Rutherford
How? That's, that's the key, right? Don't pay your taxes, get a knock.
E.M. Burlingame
Go to jail, go to jail, lose everything.
David Rutherford
How the pension funds integrated into that.
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E.M. Burlingame
So that's through you know management of Blackrock, State Street, Vanguard, et cetera. That's another mechanism whereby they those funds in the retirement funds is collateral as well.
David Rutherford
That's what I thought.
E.M. Burlingame
Funds under management can be used as collateral. Now it should be illegal and it was until 1994 Deregulation Act. So. But all of these things are collateralized assets. Now there's there are some strictures limitations on the ability to how do you enforce the payment or the acquisition of collateral and there are some limitations on the retirement stuff but not much. That's that whole bail in thing. Right, right. The great taking stuff that the gentleman whose name escapes me right now but he's very brilliant about all that articulates. That's what that is. It's the mechanisms whereby should they need to expend that collateral, they have the mechanisms through the banks and other things, you know, the hypothecation system, et cetera, to take that asset. Right, right. So you know, assets, valuable resources, land, industry, tax bases, infrastructure, retirement funds, etc. Now there's limit. They don't necessarily. Because everything they do is on debt. Right. Everything that they do is based off of debt and fees, fees earned. There's various ways in which they get their fees. They don't always want to cash out that asset. That's not always in their best interest. Especially if they went after retirement funds, et cetera, there'd be a revolution.
David Rutherford
Right.
E.M. Burlingame
But for as long as they can use it as many, as many ways as they can, they're going to use that as a collateralized asset that gains them access to other things, other countries, other states, bigger investments, big corporations. And a prime example of this is blackrock. It's exactly what blackrock does with something like tens of billions on its own books. It manages tens of trillions. Right, right. Okay. So that's step three. Third step is. And they're constantly doing step three, which is asset identification. Constantly. And that's natural resources, you know, in countries, locations. It's, it's all kinds of things. So anything that could be used as collateral for lending and debt or for the refinancing of old debts, which is a lot of what happens. Right. Okay. Economic destabilization is step four. That's where the markets are manipulated to deepen a crisis. Right. Sometimes there's pulsing of that destabilization so that they can liquidate some assets, they can liquidate some positions, they can rollover debt at a lower rate. Right. All these kinds of things. But ultimately the ability of that to compensate for the theft of productivity, the theft of, of real asset value improvement into the financial system can't be compensated for anymore. And so that destabilization is constantly woven in there. So. Because later they're going to have to do step seven. So debt five is. Step five is debt for asset swaps. This is the pulsing. Right. They'll pulse and someone won't be able to pay the debt. And so the financialists will come in with capital and they'll buy that asset at a. At a discounted rate.
David Rutherford
Discounted rate. Wow.
E.M. Burlingame
Right. So asset sees in exchange for debt relief. And this, we've seen this not just in corporations, but, you know, human municipalities. Right, right. Water. So there's the. The Sumerians talked about hydraulic despotism thousands of years ago and hydraulic despotism is if you can control the flow of water, you control a people.
David Rutherford
Right. Dam, right.
E.M. Burlingame
Damning diversion. So the hydraulic despotism beyond that also includes agriculture, it includes fuel for cooking for other things, it includes electricity today.
David Rutherford
Blotting out the sun, blotting out this.
E.M. Burlingame
Right. So it's, all of it collectively is called hydraulic despotism because of the earlier. But okay, if you control. So when they do their debt for asset swaps, the assets that they go after are the ones that support hydraulic despotism in all of its forms.
David Rutherford
Got it.
E.M. Burlingame
Okay. Or, and, or which provide revenues, but if you see them, and sometimes those are the same because they're your utilities and other things. Right. But generally when they go for a swap, an actual hard collateral for debt swap that go for assets that give, not generally always give them more power or sometimes they'll go after assets that they can flip at a higher value to somebody else that they already know about or as what happened turned out to be in the leverage buyout days of the 70s and 80s into the early 90s, a lot of the companies they went after had cash, right?
David Rutherford
They had cash because cash is king. And that would they want that cash, Correct, Correct.
E.M. Burlingame
So it turned out what happened in the starting the 90s is companies didn't keep very much cash anymore. They just kept it in, in convertibles and debt, et cetera. So which unfortunately made them more, even more susceptible. All right, so number six is extraction and exploitation. Wealth is drained through profit extraction. That's what I'm saying. They, they take the asset through a debt swap and it's various complex forms and they sell that to somebody else or they put it into a, into a fund, right. Private equity fund, hedge fund, whatever. Excuse me. So that they can continue to benefit from the revenues generated by it or they'll put it into, they'll put it into a trust or a fund or some kind of an account that then they can use it as collateral to leverage up 10, 20, 100 times through hypothecation, etc. Right. The whole purpose, however, is to extract as much value out of it for as long as they can. Right. Okay. All right. And, and then to exploit it and then final stage, which they have to do. Okay. The final stage is a step seven, which is abandonment and collapse. They have to, you know, once they've extracted everything they can. And so you have to think of these like parasites. Yep, like a virulent, virulent host killing parasite. Because that's exactly the, the mind and the concept, the book I wrote, the Eternal War, goes into this. Right.
David Rutherford
I started that last week, by the way, and it's fascinating. Thank you.
E.M. Burlingame
Awesome. You know, so they, at some point, they have to abandon collapse and move on. Now, they've already moved on by that point. Right. But they have to abandon collapse because the cost for them to maintain the illusion of a functioning whole system becomes too expensive. Expensive. They don't want to carry it, they don't want to bury it as well. They can't hide what they've done anymore.
David Rutherford
Right.
E.M. Burlingame
So they have to do a collapse. War generally, or civil war or failed narco state, etc. They have to do some kind of a collapse so that, you know, or a genocide so that you're so busy fighting each other and trying to survive that you can't look for and see what they've done. You can't go after them. Right. You can't organize and coordinate to go after them and get, get wealth back from them. What wealth is possible? Like, not much, because how many people got their money back from Bernie Madoff?
David Rutherford
None.
E.M. Burlingame
Right.
David Rutherford
Or, or, or from. What was the, the young kid who just did it again?
E.M. Burlingame
Oh, Bankman freed. Yeah, yeah.
David Rutherford
Bankman freed.
E.M. Burlingame
Or. Yeah.
David Rutherford
I mean, it's just, it's, it, it's never ending. It's just one experience after another. The, the challenging ones, I think, though, the scary ones that I think, you know, the modern, you know, I think more and more people are starting, especially with, with people like you going out there and explaining this in detail. But you're starting to realize that those catastrophic events of the 20th century were relative to this procedure, right? Were relative to this.
E.M. Burlingame
Oh, they weren't relative. They're the direct result of the direct result.
David Rutherford
Sorry. Yeah, sorry. Absolutely.
E.M. Burlingame
Yeah. So when you look back through history to where does this start a thousand years ago? Well, maybe about 700 years ago in Venice. Starts in Venice with the bankers in Venice who invented modern banking. And oh, by the way, no, it's not the Jews. I'm tired of hearing the whole it's the Jews.
David Rutherford
It seems like such a sloppy argument nowadays. It's, it's.
E.M. Burlingame
But I mean, they got their people and they're doing their thing, and I get it, so is everybody else. But to think that, you know, purely European peoples haven't been screwing one another over in absolutely ludicrous, least clever ways for thousands of years before we ever even heard of a thing called a Jew is like, stupid as hell. Yeah, right, Absolutely. The codification, these things go back earlier, right. Because you can hear about them in Egyptian histories and Sumerian histories.
David Rutherford
Right.
E.M. Burlingame
Babylonian histories, and in, you know, the, you know, who did. I think the Jesus guy threw over the tables of the money changers and the temple and all that stuff, right? So this stuff goes back way further. But when it comes to Europe, and Europe specifically in the post Roman Empire time, it really, this never ending, constant cycle of, you know, seven step process really took off in the 13th century in Venice. And then it's just gone from there to Amsterdam, from Amsterdam to London, from London to Wall Street. They tried to take it to China next. China said, no, you were not doing this. And so what's the next step? Right? Where do they go from here?
David Rutherford
Can you, can you drill down on the jump from Venice to Amsterdam? Because I, you know, what, what you think about, I mean, obviously every time you hear about the Venetian power, right, you think about the Medicis, you think about those people that were able to consolidate post Roman collapse and, and power into. Through the shipping industries. But, but from Venice to Amsterdam seems like a weird jump. Can you, can you explain that a little bit to people? Like, I, at first, like when I was reading, I was like, whoa, that, that's weird. But when you started getting into the East India Trading Company, that's when I was like, oh, that makes sense now.
E.M. Burlingame
Yeah. So one, they're both swamps. So, you know, they keep talking about drain the swamp dc. I mean, it's the same people. It's like, well, maybe there is something to the actual swamp. And it goes back way before the fact that the DC itself was an actual literal swamp. Right. It's like, no, no, no. So was Amsterdam and, well, it was a marsh swamp and so was Venice and, you know, anyways, that's fascinating.
David Rutherford
I never even thought about it like that.
E.M. Burlingame
Yeah, these are swamp creatures. Yeah, yeah, yeah. Not aliens, you know, they're not lizard people, etc.
David Rutherford
They're swamp creatures with the, their tongues and their, their.
E.M. Burlingame
Yeah, no disrespect to my swamp friends, my Cajun swamp friends down in Louisiana.
David Rutherford
Yeah, that's right.
E.M. Burlingame
Y'all are different. Y'all different breed.
David Rutherford
Yeah. My first, my first platoon lieutenant, my, my aoic. My first platoon was from Baton Rouge and just different cut, man. Just a different cut.
E.M. Burlingame
Those Cajuns are different folk. Yeah, they are. Did you ever see that movie Southern Comfort when you.
David Rutherford
Oh, with Carradine and his brother and then Booth, what's his name? God, I love that movie. I love that. That's cool.
E.M. Burlingame
Yeah. So, you know, okay, so the Venetians build Up a sea empire, right, A minor sea empire. But what really made the Venetians successful was that initially they had Byzantium there as the shield right on, on their eastern flank. And what really made them successful is they innovated financially and you know, promissory notes, bills of lading, factoring, you know, so they, they were doing very clever financial things, probably borrowing from the concepts and ideas of the Templars, which is maybe where some of the, you know, co mingling those ideas because they all had to go through that area to go fight in the Holy Land, right. Which I wonder sometimes how fucking holy it is. Excuse my language.
David Rutherford
If everybody, that's another show we'll do.
E.M. Burlingame
That everyone's fighting over. But point is that the Venetians, because of the conflicts that were in the area and where they were and the type of business they were doing, they innovated financially. That allowed them to be very, very successful as a, you know, a, I don't want to say minor, but you know, at the time kind of a minor sea power. Historically they weren't a minor power that would, you know, their reach and everything else was pretty substantial. When the Ottomans took over. When the Ottomans, you know, finally breached Constantinople and began to take in, you know, locking control, the Ionian Sea, et cetera, the Venetian Empire, the Venetians were starting to spend way too much money just on safety, security, you know, bribes, everything. It was just, it was just too costly for them. And the Venetian Empire started to decline. Well, shipping powers, you know, the, the big ships, the first galleon like ships weren't in Venice, they were in Holland and Portugal and Spain, you know, then the other side of the Mediterranean and then up, etc. Well, the place that welcomed them, that was a natural fit for them just geographically, you know, just everything they'd known for centuries was, was Amsterdam was Holland. Amsterdam and Holland was also very business oriented, right? Very commercial oriented. It was mercantilist, it was already mercantilists. It was a natural fit. The, and it already had fairly good bankers, but the Venetians brought a whole lot more sophistication with them and they helped charter the, the Dutch East India Company and finance and bankroll it and greatly improve upon the success of the dust eats India companies such that within a few years it surpassed the British East India Company in success and capabilities. The, and primarily they did that were able to do that now as Dutch bankers, not Venetian bankers anymore, but Dutch bankers. Well, in their intervening time the Venetian bankers had figured out this kill chain and had been using it in Eastern you know, the eastern parts of the Mediterranean and in some of the principalities, you know, in continental United Europe. So they'd already been embedding that kill chain in parts of Northern Africa, the Levant and elsewhere. So they get to, to Amsterdam in the 16th century and they start spreading it now back down across the continent the other way. There was one, one state, one group of states and islands though that said. Yeah, no, and that was the British Isles. Right.
David Rutherford
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E.M. Burlingame
And the British Isles had a very substantive fleet that was developed that Henry VIII began that Elizabeth continued, the Dutch went to war with the Spanish with The Habsburgs for what, 30 years? I think the Dutch bankrolled and backed the 30 years, 80 years and 100 years wars on the continent. So what happens in the 1600s is every by the 1600s everything's so hot on the continent. There's wars everywhere. They convened the Peace of Westphalia, which is two treaties in Brook and Munster 1645, 1649. And they for all intents and purposes ended feudalism and the rule of princes which had been resisting them and instantiated the kill chain into everything in every state in Europe. The ones that that disagreed were the eastern east of Poland and a few others. And they went to war with them for. For a century. It was getting too hot on the, you know, because Holland's not very. Or the Netherlands isn't very defensible. And so they needed to again just like from Venice a century or so before they needed to rebase. Well, there was these British Isles over there and there were disloyal nobles in the British Isles and they had bought parliamentarians, you know, the step one influence, right? And they had been working with the Catholic Church, even though they're supposed supposedly enemies, but they'd been working with the Catholic Church. They had a beef with the English because of Henry vii who had kicked them out and Henry VIII had kicked them out for this very reason. Henry VIII's ending Catholicism. The British Isles had nothing to do with marriage. That was ostensibly the argument. It was to try and prevent this banking kill chain from being embedded in the British Isles and the British kingdoms. Unfortunately, had there not been unseasonable storms actually one the, and I, forgive me, I forgot the year 1640 something or 162016 somewhere. But the nobles did were rallying, trying to rally to his Majesty King Charles the First to throw off the parliamentarians who had been bought off. And you know, so this whole hostile corporate takeover by the Dutch East India Company of the British East India Company, which was culminated many years later, but right, there were unseasonable reigns. The. When the Civil War, the English Civil War actually backed out, kicked off the English Civil War backed by the Dutch and the Dutch bankers and all of that who are looking to move, take the islands and then move their headquarters to London because it was safer, more secure, okay. And an empire was starting to build up under the English and the English had the manpower and it had the ships and it had the, it was a defensible readout, etc. Etc.
David Rutherford
It was a ripe host.
E.M. Burlingame
It was a ripe host and it was, you know, unfortunately the wars of the Roses did a serious number on the nobility and you know, and the War of the Roses went on for quite some time. And then Henry, His Majesty King Henry VIII and Her Majesty Queen Elizabeth II are the first and Queen Mary in between were all batshit insane. I Mean literally, certifiably insane. And so they had done a number on the people and then the breaking from Catholicism, which was done again to try and actually prevent this kill chain from being embedded through the vector of the Church. Right. The Catholic Church.
David Rutherford
Right.
E.M. Burlingame
Unfortunately, there's these unseasonable rains. The nobles couldn't get to London, so the King had to flee. And then the whole civil war kicked. Cromwell comes along later and the Roundheads, and he thinks he's fighting, you know, the, the kings and, and for parliamentarians and Puritans, etc. At a certain point Cromwell realizes, holy cow, we're under invasion by the Dutch. And, and this is actually an attempt by a foreign power to, you know, embed, you know, to take over our, our nation and country. So Cromwell fought them for, you know, till the day he died.
David Rutherford
Right.
E.M. Burlingame
His son was supposed to replace him. Unfortunately, his son wasn't, wasn't the man. And down underneath the English civilization, we're a monarchical people. We can say we don't like that, we don't believe in etc, but we elect a monarch every four years. So we can say, ah, no, down with the king. It's like you just voted for a king.
David Rutherford
Yeah, man, that, that's about as poignant as anything I've heard in the last eight years.
E.M. Burlingame
And not only the king, but, you know, who are these other, you know, senators and congresses. You just voted for your Duke and your baron and your, you know, it's like, or your governors, like your Duke. It's like, come on. Right, down with princes. You vote for princes every two or four years. Shut the hell up. Anyways, the point is that once Cromwell's gone, there is no, no cohesion. There were six major lords, British lords, well, it wouldn't be called British till later, but you know, English lords who betrayed the Crown, betrayed the English because they wanted to change the power structure. And in 1688, William of Orange is brought over, married to a Stuart daughter, and they take the crown backed with an army directly funded by the Dutch East India Company and the bankers. And then they take over, they, with their parliamentarians, everybody they've been buying off. The industrialists were all for it because the industrialists were building up on the Thames river there, etc, and they didn't want to be beholden to the King. They wanted to, you know, they, they wanted the nobles labor to work their factories. So they had to end nobility, they had to end aristocracy, they had to end any power. And when William came over, since 1688, no king that sat on The English throne has had any power.
David Rutherford
That was it. That was the final. Because feudalism was over, lands were no longer as relevant as they were those titles worth the.
E.M. Burlingame
The okay, so great with the bankers in this financialist kill chain, in this creation of artificial wealth, the financialist backed parliamentarians, merchants, industrialists were able to generate vast fortunes, artificial wealth fortunes. And the nobility couldn't keep up because everything the nobility had to do was based, had to be based in reality, crops and lands and peoples and all of these complex spaces that the nobility had to maintain. They couldn't keep up with this artificial currency, financial manipulation, derivatives game. And I wrote another article I published yesterday about how the Venetians become the Dutch become then the. The bank of England have for 700, 800 years intentionally, directly, substantively work to remove hereditary princes everywhere, always. And to turn the people against their princes. Because the only places where this kill chain didn't work until it did.
David Rutherford
Right.
E.M. Burlingame
Was those places where there was a strong prince, Prince, king, duke, baron, you know, etc, but there was a strong.
David Rutherford
Centralized leader, an individual centralized leadership, that, which, that power rooted in its, Its. Its historical legacy. Correct, right.
E.M. Burlingame
It's correct, correct, correct. And it, and it met its obligations to its people. And because of that, it had the loyalty of its people. What do we call any one of these people now today? We call them a dictator.
David Rutherford
Right.
E.M. Burlingame
A tyrant. Well, who's telling us that? Right. The very people that have been steadily working to remove princes as. Because the princes are the only obstacle to the kill chain and because they want all the assets of the prince as collateral and they want the commons. That's the thing that's been destroyed the worst. And Peter Buffett, actually Warren's son, sent me an article one day, or actually gave me an article one day from the New York Post, I think from many years ago, 2013, I think. But it was about the theft of the Commons. Right. So.
David Rutherford
I mean, that's almost like the theft of the middle class, the offshoring of the middle class. Right.
E.M. Burlingame
It's exactly what it is.
David Rutherford
Exactly the same thing.
E.M. Burlingame
Yes. Okay. Yeah. The commons today, primarily the commons today, is retirement savings.
David Rutherford
Okay, Right.
E.M. Burlingame
It's the financial commons. And they've stolen it 2008, stole it 2001. They're working on doing it again.
David Rutherford
Yeah.
E.M. Burlingame
Right. So in the modern era, the commons are people's shared retirement funds that are invested in the companies and assets of the country and nation.
David Rutherford
Mm.
E.M. Burlingame
That's the Commons. We all share common, you know, in common. We share these things this important, you know, what is the product of our labor? You know, our collective labor. It's our financial assets and our retirement funds, it's our, you know, collateral in our homes, etc. We all share that in these complex ways. And these financialists have been steadily stealing that throughout the last seven, 800 years.
David Rutherford
That was the thing that really was remarkable to me. I mean my whole childhood and you know, and I had some pretty good teachers growing up in the schools I went to. And it was the whole idea of the British Empire and the sun never set on the British Empire. And they were able to take this through, you know, that merchantile mindset and spread it worldwide. Right. So you figure, oh my God, they've got this host, they expand it, they've grown it, they've reduced the, the, the, the, the monarchy, if you will, down to where it's parliamentary and control and then they spread it through merchantilism. But then what, how come that like go back to the play that moment in particular as it relates to England and Britain eventually. How does that collapse then? How does the, how does overextending yourself get to the point for the collapse? Right. I think it's easy to understand with the Venetians and the Dutch because you know, as power grew with the Ottomans in that region, they couldn't defend themselves against the mass of that army or, or, or you know, the Dutch weren't, I've never really been known as this warring people or tribe. Right, like somebody. Yeah, well, the early Dutch, right, the Viking Dutch, right?
E.M. Burlingame
No, no, no, no, no, no. The, the Dutch East Indies Company and the Dutch under the Dutch East Indies company were in 30 year war back the 50 or 50. No, the Dutch were a very warlike people all over the world.
David Rutherford
Look at, they actually provided the soldiers for the sailors.
E.M. Burlingame
The Dutch physically sent the armies to conquer the British in 1688.
David Rutherford
Got it. Got. Okay. All right. So with Britain now, them taking over Britain and they, they expanding it, growing the empire, how does Britain get to that point? I mean obviously everybody, not everybody, but some people recognize how over leveraged they got in World War II, World War I and then ultimately, I mean World War II is just catastrophic.
E.M. Burlingame
So. Okay, so great question.
David Rutherford
Sorry, it's kind of rambling. I just.
E.M. Burlingame
No, no, no, it's, it's a great.
David Rutherford
So much I'm trying.
E.M. Burlingame
Very important because this is where the US is right now, right where they're trying to get us. Right. Go back in, in memory. I don't know many people been to Europe etc, but I've been all Over Europe. I lived there for a while. In people are like, it's London, it's the city of London, it's the Brits, they've been raping and pillaging the world. Okay, you've been to Britain, it's pretty poor. Yeah, pretty shabby. Where's all their, where's all of their oligarch, their old oligarch families? Right. Where's all that wealth? Where's all those stately homes? Where's all the mansions, all those. Right, it's all gone. Right, it's all gone. Tenements and trash and it's, it's, it's in total and absolute decay, collapsing. Except, you know, certain palaces and monuments, etc. Right, okay. Where'd all that wealth go? Went through the city of London to the continent of Europe. Okay. How many times has Europe been rebuilt from basically the ground up in the last 200 plus years?
David Rutherford
Three times.
E.M. Burlingame
Three times?
David Rutherford
Yeah.
E.M. Burlingame
Europe, Britain and the British peoples and the English speaking peoples have rebuilt the United States or Europe from the ground up three times. Right, right. So, okay, to your question, what happens? Look at the United States right now. Since World War I, we've had the highest wealth. I mean there's a bit in the 1800s, et cetera, as there's expansion and growth etc, but we've been, you know, ostensibly the greatest GDP produce, you know, the greatest productive engine in the world. Have you seen our infrastructure? Have you seen our streets in our cities?
David Rutherford
Yes.
E.M. Burlingame
Have you seen the debt burdens? We have that. Where'd all that wealth go? Well, it certainly didn't go to England or Britain because it's a, forgive my language, but a hole too. So where'd it go? Well, Europe looks pretty nice. Europe's pretty beautiful. They don't produce a damn thing. They haven't produced anything in 80 years. Wow. They don't create anything. They don't produce anything. You know, yes, there's some in German, industry, etc. But as a continent and you know, as a, you know, 700 million people, right. Proportionally they, they produce nothing. So how do they look so good? How are they living so well? How do they have these 200ft foot freaking yachts?
David Rutherford
Right, Right.
E.M. Burlingame
They haven't had empires in forever and their empires were never much anyways. Not compared to the British. So where did the Amer. Where did the wealth of the last century of the United States go? Where did the wealth of the British Empire for the last three centuries plus go? Europe looks pretty nice. And it looks pretty nice for the third time in the last 200 plus years because it was rebuilt under the Napoleonic era, is rebuilt after World War I. It was rebuilt again after World War II.
David Rutherford
This just hit a whole nother chord. I don't know if you, if you, if you watch Tucker Carlson, but he just had a woman on, Catherine Fritz who used to be in the government and the Bush senior government and she ran kind of the hud and she's got this great news site called Solari and they do these very intense analysis of the economic mismanagement or redirection of economies. And she actually had this really fascinating segment of it where she was saying, you know, when, you know. And she went back to that famous, you know, September 10, 2001, where Rumsfeld comes out and says, yeah, we're unaccounted for $2.7 trillion. And what she was hinting at or saying is that underneath all these structures, right, I guess those structures of the seven, the steps that you were talking about, they're funneling money out of the, the commoners into these other areas and other places through these different types of systems. So for me, like as you're saying this, I'm like, whoa, here's a person that was in and she actually was attacked for nine years, had to defend herself against the doj. They tried to destroy her. She was an investment banker and all this. And they tried to just completely destroy her. And, and it's like, because she was exposing this, these hidden secrets of where the money is going and funneling to. And so that kind of brings us up to the modern era, Post World War II, after the British host was destroyed and it coming over to New York. And can you just talk a little bit about that and what you're seeing up until where we're at today and how that works? All right. Again, I hope you're just loving this conversation with es. I know I am. But I just really want to bring back to the forefront of your mind that we are doing a live motivational event on Patreon on May 31st. That's May 31st on Patreon. I'm going to be giving a live motivational event. I'm going to introduce the whole idea behind performance, how I look at it, how I think about it, and then why I created the frog logic concepts. So join us on at David Rutherford show is our patreon account for $2 a month. Jump on. You're going to get this free live motivational event on May 31.
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Ugh.
E.M. Burlingame
Come on.
Unknown
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E.M. Burlingame
This thing is ancient.
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You're listening to an iHeart podcast.
Summary of "Ep. 9: The Financialist Kill Chain: The Elite’s 7-Step Playbook To Steal And Destroy Nations | Part 1"
Podcast Information:
In the ninth episode of The Clay Travis and Buck Sexton Show, hosts Clay Travis and Buck Sexton delve into a profound discussion on the concept of the "Financialist Kill Chain," a purported seven-step strategy employed by elite financial entities to undermine and control nations. The episode features a deep conversation with guest E.M. Burlingame, a former Green Beret, researcher, and author, who has extensively explored the intricacies of financial manipulation and geopolitical destabilization.
David Rutherford (Host) introduces E.M. Burlingame, highlighting his impressive background—transitioning from roles in technology, investment banking, and the yacht business to serving as a Green Beret. Rutherford emphasizes Burlingame's exceptional grasp of history and finance, noting:
"His grasp and understanding of history is not only impeccable, but it actually provokes such a deeper sense of thinking that it sucked me in..." ([04:00])
Burlingame expresses his appreciation for Rutherford's recognition of his work, stating:
"I don't generally engage with people very often other than a small group, but the things that you were putting up and your commentary on it was like, okay, well, this is a guy that gets it more than... more than a lot of the other pundits as well." ([05:37])
Burlingame introduces the "Financialist Kill Chain," outlining its seven-step framework designed to erode and control nations systematically. He traces its origins back to historical financial manipulations, emphasizing its enduring presence over centuries.
Definition: Elite financialists embed themselves within a nation's leadership, posing as advisors or allies to steer policies in their favor.
Example: Organizations like the World Economic Forum serve as conduits for this infiltration.
"The financialists embed themselves in a country's leadership posing as advisors or allies." ([17:49])
Definition: Pushing unsustainable loans that lock nations into perpetual repayment cycles.
Mechanism: Climate crisis funding induces municipalities to raise debt through bonds, which financialists then purchase and trade.
"They push unsustainable loans, locking nations into repayment cycles." ([18:09])
Definition: Identifying valuable assets within a country, such as natural resources, infrastructure, and tax bases, to use as collateral.
"They need collateral because they don't create anything ever, ever. So they have to find assets that others have created..." ([20:00])
Definition: Manipulating markets to deepen economic crises, enabling the liquidation of assets at discounted rates.
"Economic destabilization is where the markets are manipulated to deepen a crisis." ([20:00])
Definition: Offering debt relief in exchange for undervalued assets, effectively transferring ownership to financialists.
"They'll buy that asset at a discounted rate in exchange for debt relief." ([28:54])
Definition: Draining wealth through profit extraction by selling or leveraging acquired assets for further financial gains.
"Wealth is drained through profit extraction." ([30:46])
Definition: Once maximum extraction is achieved, elites abandon the collapsing system, leaving nations in turmoil and preventing the recovery of stolen assets.
"They have to do a collapse so that you can't look for and see what they've done." ([32:24])
Burlingame traces the development of the Financialist Kill Chain from its early inception in Venice during the 13th century. He explains how Venetian bankers pioneered modern financial practices that laid the groundwork for future financial manipulations.
Venice to Amsterdam: Venetian financial innovations influenced the Dutch banking system, particularly through the Dutch East India Company, enhancing the execution of the kill chain.
"The Venetians built up a sea empire and innovated financially, which they then spread to Amsterdam." ([38:14])
Amsterdam to London: The financial prowess of Amsterdam was transplanted to London, where British bankers continued refining these strategies, culminating in significant global influence.
"They helped charter the Dutch East India Company and greatly improve its success, which then spread to London." ([39:09])
Impact on British Isles: The Financialist Kill Chain was employed to dismantle the power structures in Britain, leading to economic dominance and the decline of the monarchy's power.
"They were able to take over the British Isles, using their financial strategies to undermine and control the nation." ([50:22])
Burlingame connects historical manipulations to contemporary financial institutions, highlighting entities like BlackRock as modern embodiments of the Financialist Kill Chain.
BlackRock's Role: Managing trillions in assets, BlackRock exemplifies how financial institutions leverage assets as collateral to exert control over global economies.
"BlackRock manages tens of trillions and uses those funds as collateral, furthering their influence." ([25:07])
US National Debt: The United States' reliance on national debt backed by tax revenues is presented as a modern collateral asset for financial elites.
"The US national debt is collateralized by its tax base, making Treasuries the most secure collateral in the world." ([21:22])
Historical Parallels: By referencing events like the English Civil War and the rise of parliamentary power, Burlingame illustrates the long-term effects of financial manipulation on national sovereignty.
"The financialists have been steadily stealing the financial commons, like retirement funds, over the last 700 to 800 years." ([56:47])
The conversation concludes with a sobering reflection on the pervasive and persistent nature of the Financialist Kill Chain. Burlingame underscores the urgent need for awareness and resistance against these entrenched financial manipulations to preserve national integrity and economic stability.
"These financialists have been stealing the financial commons throughout history, and they're working on doing it again today." ([57:07])
Rutherford echoes the gravity of the discussion, emphasizing the relevance of Burlingame's insights to current global economic challenges.
David Rutherford:
"The financialists embed themselves in a country's leadership posing as advisors or allies." ([17:49])
E.M. Burlingame:
"They push unsustainable loans, locking nations into repayment cycles." ([18:09])
"They have to do a collapse so that you can't look for and see what they've done." ([32:24])
"BlackRock manages tens of trillions and uses those funds as collateral, furthering their influence." ([25:07])
"The US national debt is collateralized by its tax base, making Treasuries the most secure collateral in the world." ([21:22])
"These financialists have been stealing the financial commons throughout history, and they're working on doing it again today." ([56:47])
David Rutherford:
"It was a ripe host." ([50:21])
Systematic Control: The Financialist Kill Chain represents a meticulously designed strategy for financial elites to exert control over nations through economic manipulation and asset exploitation.
Historical Continuity: This strategy has deep historical roots, evolving from early Venetian banking practices to modern financial institutions, highlighting its adaptability and resilience.
Modern Institutions: Contemporary entities like BlackRock exemplify the ongoing application of the kill chain, utilizing vast asset management capabilities to influence global economic landscapes.
Economic Sovereignty at Risk: Nations are vulnerable to financial entrapment and asset extraction, threatening their economic sovereignty and stability.
Urgent Awareness: Understanding the mechanisms of the Financialist Kill Chain is crucial for policymakers and citizens to resist and counteract elite financial manipulations.
This episode serves as a compelling exploration of the intricate relationship between finance and geopolitics, urging listeners to recognize and address the subtle yet profound ways in which financial elites may influence global dynamics to their advantage.