this is why elections feel like a sideshow circus. Administrations last four years. This network has lasted centuries.
https://x.com/upholdreality/status/2011216522258366963
The Warburg brothers: Paul and Max.
Not random German bankers who showed up in 1910.
The family was originally named "del Banco," one of the wealthiest banking families in 1500s Venice.
When Venetian finance collapsed, Anselmo del Banco was literally the only one left standing.
Same bloodline. Same capital, passed down. 500+ years.
They just changed names as they moved: Venice → Bologna → Warburg → Hamburg → New York/London.
They integrated into American finance via marriage.
Paul Warburg married Nina Loeb, daughter of Solomon Loeb, co-founder of Kuhn Loeb bank.
Felix Warburg married Frieda Schiff, daughter of Jacob Schiff, head of Kuhn Loeb.
Two brothers married into the same bank's founding families.
Jacob Schiff had personally financed Japan's war against Russia in 1904-05. $200 million, half of Japan's entire war budget at the time. The Emperor of Japan awarded him the Order of the Rising Sun in person.
One banker. Half a war. That's the scale of power we're talking about.
Paul Warburg was there in 1910 when the Federal Reserve was designed at a secret meeting in Jekyll Island. So were representatives of J.P. Morgan, Rockefeller, and the US Treasury.
The plan was kept secret for over 20 years.
They knew if people understood WHO designed the system, they'd reject it.
Max's son Eric Warburg worked with the OSS during WWII (the agency that became the CIA), did deals with Allen Dulles, then founded the bank that became Warburg Pincus.
Current Warburg holdings:
M.M. Warburg (Hamburg): Still 40% family-owned. 227 years continuous operation.
Warburg Pincus: $100 billion under management
S.G. Warburg (London): Absorbed into UBS, now managing $6.9 TRILLION in assets
The old banking dynasties are still there. They just receded from view.
What we see are the institutions they seeded: like BlackRock, $13.5 trillion, the largest asset manager in history, holding more assets than the GDPs of every country other than the US and China.
Today, the Chairman of Warburg Pincus is Tim Geithner.
As Obama's Treasury Secretary, Geithner gave BlackRock no-bid contracts to manage the 2008 bailout. The "regulator" deciding where trillions in public money would flow. Now he chairs a Warburg fund.
And this is why elections feel like a sideshow circus.
Administrations last four years. This network has lasted centuries.
posted by Satish Sharma at
07:21
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