- Joined
- Apr 26, 2011
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US puppet Shah of Iran – came to power after the 1953 BP-sponsored Mossadegh coup – JP Morgan Chase, issued letters of credit for all Iranian oil exports and monopolized deposits from the National Iranian Oil Company (NIOC).
Chase controlled the Pahlevi Foundation which owned an oil company, 12 Iranian sugar refineries, electronics firms, mines and a slew of banks – including the Shah’s personal piggy bank – the Bank Omran.
Rockefeller family controls JP Morgan Chase, added to their fortune during the Shah’s reign, taking in far more oil deposits in the country than it made in loans.
By 1978 Iran was the world’s fourth largest oil producer, supplying 50% of Israel’s oil yet the average Iranian worker languished in poverty.
Iran’s Central Bank Governor Al-Reza Nobari, watched his country sank deeper into debt while the Shah and Jewish-American bankers got filthy rich.
Nobari declared, “All the banks knew that the Bank Omran was the Shah’s personal repository for his pocket money. But they went on lending to Bank Omran.
Citibank lent, for example, $55 million to (the Shah’s sister) Princess Ashraf for a housing project. On the site of the housing project she built a palace.”
The Shah owned numerous hotels in Tehran, houses in Beverly Hills, Manhattan, Acapulco and the Swiss Alps. He bought islands in the Seychelles and owned a race horse stud in England. The standard of living of the average Iranian continued to head south.
In late 1978 the Tudeh Party that launched the 1951 strikes in the British Petroleum oilfields of Khuzistan, initiated an occupation of the offices of Oil Services Company of Iran (OSCO) in the city of Ahwaz. Soon afterwards, oilfield workers went out on strike. SAVAK agents were set into motion by the Shah to quell the resistance. Their brutality only inflamed the situation.
The strikes gained momentum, driving oil production down dramatically. Iran’s urban centers became embroiled in mass protests organized by Fedayeen and Mujahadeen revolutionary groups, which had sprung up in response to two decades of SAVAK (the Shah’s brutal CIA-trained secret police) annihilation of any loyal opposition party critical of the Shah.
Chase controlled the Pahlevi Foundation which owned an oil company, 12 Iranian sugar refineries, electronics firms, mines and a slew of banks – including the Shah’s personal piggy bank – the Bank Omran.
Rockefeller family controls JP Morgan Chase, added to their fortune during the Shah’s reign, taking in far more oil deposits in the country than it made in loans.
By 1978 Iran was the world’s fourth largest oil producer, supplying 50% of Israel’s oil yet the average Iranian worker languished in poverty.
Iran’s Central Bank Governor Al-Reza Nobari, watched his country sank deeper into debt while the Shah and Jewish-American bankers got filthy rich.
Nobari declared, “All the banks knew that the Bank Omran was the Shah’s personal repository for his pocket money. But they went on lending to Bank Omran.
Citibank lent, for example, $55 million to (the Shah’s sister) Princess Ashraf for a housing project. On the site of the housing project she built a palace.”
The Shah owned numerous hotels in Tehran, houses in Beverly Hills, Manhattan, Acapulco and the Swiss Alps. He bought islands in the Seychelles and owned a race horse stud in England. The standard of living of the average Iranian continued to head south.
In late 1978 the Tudeh Party that launched the 1951 strikes in the British Petroleum oilfields of Khuzistan, initiated an occupation of the offices of Oil Services Company of Iran (OSCO) in the city of Ahwaz. Soon afterwards, oilfield workers went out on strike. SAVAK agents were set into motion by the Shah to quell the resistance. Their brutality only inflamed the situation.
The strikes gained momentum, driving oil production down dramatically. Iran’s urban centers became embroiled in mass protests organized by Fedayeen and Mujahadeen revolutionary groups, which had sprung up in response to two decades of SAVAK (the Shah’s brutal CIA-trained secret police) annihilation of any loyal opposition party critical of the Shah.
