J.P. Morgan’s Nimrod in Afghanistan

Jamie Dimon cover of Fortune

The New Nimrod

On June 14, 2011, Bloomberg reported that Jamie Dimon, the current CEO of J.P. Morgan Chase Bank, apologized for foreclosing on the homes of U.S. soldiers. You see, those soldiers were busy protecting his gold mine interests in Afghanistan at the time. [ref: www.bloomberg.com/news/2011-06-14/jpmorgan-ousts-mortgage-chief-david-lowman-after-lapses-over-foreclosures.html ] Of course, King Jamie failed to mention if he’ll be giving any of those homes back.

Jamie can’t be bothered with minutia like thousands of homeowners losing their property via fraudulent foreclosure actions being committed by his minions these days. He is too busy drooling over the vast untouched resources of the land of Afghanistan. This is the method of his, and other Banksters’, madness: Covet the resources of another nation. Purchase a Commander-In-Chief. Start a war in said coveted nation. Invade that land. Rape the resources. Exit that land. Leave her people buried under unsustainable sovereign debt as they struggle to pay for your war. Find a new country to covet. Wash-Rinse-Repeat.

It’s the same old story that has cycled itself throughout all of human history. Jamie Dimon is just following his hereditary instinct handed down from the first biblically recorded empire-maker, Nimrod of the ancient Kingdom, and Tower, of Babel. Nimrod was also the king of these other cities in the ancient world — the first mini-empire noted in the Bible — Erech, Accad, Calneh, Nineveh, Rehoboth-Ir, Calah, and Resen. Ask yourself whether it is any coincidence that the modern regions of Iraq and Afghanistan roughly cover the same geography that was subjugated by Nimrod 4,000 years-or-so ago.

Note the following quotation from the works of ancient Jewish historian Josephus and see if you couldn’t just as easily substitute the name “Nimrod” with “Jamie Dimon”:

“[Nimrod] little by little transformed the state of affairs into a tyranny, holding that the only way to detach men from the fear of God was by making them continuously dependent upon his own power…. The people were eager to follow this advice of [Nimrod], deeming it slavery to submit to God; so they set out to build the tower . . . and it rose with a speed beyond all expectation.” —- Jewish Antiquities, I, 114, 115 (iv, 2, 3).

The Cyclopaedia by M’Clintock and Strong also notes this about Nimrod … keep this in the back of your mind for a minute while we consider what is taking place in the rurals of Afghanistan nowadays. Once again, you will see how easily you can substitute the name “Nimrod” here in this passage with the name “Jamie Dimon”:

“Nimrod was the first after the [Noachian] flood to found a kingdom, to unite the fragments of scattered patriarchal rule, and consolidate them under himself as sole head and master; and all this in defiance of Jehovah, for it was the violent intrusion of Hamitic power into a Shemitic territory.”—- Cyclopaedia by M’Clintock and Strong, 1894, Vol. VII, p. 109.

Now let me take you through a riveting story posted in Fortune Magazine on May 11, 2011, entitled: “J.P. Morgan’s Hunt for Afghan Gold” by editor-at-large, James Bandler. [ref: management.fortune.cnn.com/2011/05/11/jp-morgan-hunt-afghan-gold/ ] My favorite parts are highlighted in bold. Comments found within
[brackets]
are my own interpolations. I really encourage you to read the entire story online. It is sort of an “Evil Indiana Jones” saga, though the author presents a happy investment face to the entire account. Some people regard J.P. Morgan’s efforts in Afghanistan as a valuable effort in support of free market capitalism. I do not see it that way. Read and consider for yourself if Nimrod’s history is repeating itself in the persona of Jamie Dimon.

To [Ian Hannam], chairman of J.P. Morgan Capital Markets, Afghanistan represents a gigantic, untapped opportunity — one of the last great natural-resource frontiers.

But Hannam is not your usual investment banker: A former soldier, he has done business in plenty of strife-torn countries. So have all the members of his team, two of them former special forces soldiers who have fought here.

Gen. David Petraeus

Gen. David Petraeus


A lot of powerful people, including the commander of U.S. forces in Afghanistan, Gen. David Petraeus [since the publication of this story, Gen. Petraeus has been appointed as head of the CIA], are counting on him to demonstrate that the country is safe for foreign investors.

Invaders have dreamed of exploiting it since the time of Alexander the Great, but no one has yet succeeded on a large scale.

In an 1841 article in a journal of Asiatic studies, Capt. Henry Drummond, a member of the British 3rd Bengal Light Cavalry, described his rambles through the wildest parts of Afghanistan to conduct the first Western mineral survey of the country.

“Give them, however, but constant employment, with good wages and regular payment; encourage a spirit of industry, both by precept and example; let strict justice be dealt out to them without respect of persons; and we shall shortly see their swords changed into plowshares, industry take place of licentiousness, and these people be converted into peaceable and useful subjects,” Drummond wrote. But the Afghans weren’t keen on the idea of handing over their minerals to occupiers, or on the British occupation itself, for that matter. A year later they massacred the entire British army, save one English survivor, at Gandamak.

Then, in 2009, mining in Afghanistan got the push it needed — from the U.S. military. Petraeus had been appointed commander of U.S. Central Command, which had ultimate authority over Afghanistan. “I’m an old economist,” the general says in an interview at his headquarters in Kabul. “And at the end of the day this is about progress for the [Afghan] people and giving them the prospect for a much brighter future for them and their families. That’s what persuades the citizenry to support the government rather than support the Taliban.”
[Since the publication of this story, it has been revealed that Obama’s administration is supporting, or at least negotiating with, the Taliban, behind Kabul’s back, according to accusations made by President Karzai just posted this weekend . See: www.reuters.com/article/2011/06/18/us-afghanistan-talks-idUSTRE75H0LS20110618]

Realizing that conventional foreign-aid organizations weren’t getting the job done, Petraeus moved a crack economic stabilization team from Iraq into Afghanistan. That team quickly realized that mining would be key.

And here the story begins to profile Ian Hannam, Jamie Dimon’s right-hand man in the Afghan mining venture.



Photo by Benjamin Lowy. Attending the ribbon cutting were (from left) mine owner Sadat Naderi; Mining Minister Wahidullah Shahrani; J.P. Morgan’s Ian Hannam; and (behind Hannam) investor Pairoj Piempongsant.

The experience convinced Hannam that revolts could be beaten with a counterinsurgency program that emphasized developing a country’s infrastructure and natural resources.

[At Salomon Brothers] Hannam was fast-tracked to the bank’s vaunted debt syndicate desk.

Hannam left Salomon soon after the [Mirror Group] fiasco and was hired by merchant bank Robert Fleming, a Scottish firm founded by the grandfather of James Bond creator Ian Fleming. By 2000, Hannam was the highest-paid employee at Fleming, making more than the CEO. After the bank was acquired by J.P. Morgan, much of Fleming’s staff was laid off. Not Hannam. He helped engineer a joint venture with, and eventual takeover of, venerated British banking house Cazenove.

And thus, Ian Hannam became Jamie Dimon’s pet in Central Asia. Enter Ian Hannam and Paul Brinkley:

Hannam was at the banquet hall for a reception thrown by the Trade Bank of Iraq to honor J.P. Morgan. Also at the reception was Paul Brinkley, a deputy under secretary of defense charged with jump-starting Iraq’s stalled economy. A former tech company executive, Brinkley served as a matchmaker of sorts between Iraqi entrepreneurs and foreign businessmen. With the blessing of Defense Secretary Robert Gates, he operated outside normal bureaucratic channels, eschewing the bulletproof vests and helmets his civilian colleagues wore in combat zones. In three years he had secured some $8 billion in private investment contracts for Iraq, helping start textile mills, cement factories, and electronics companies. Hannam and Brinkley had heard about each other’s work. J.P. Morgan had been one of the first Western companies to plant the flag in Iraq, overseeing the country’s currency and setting up a big oil project in Iraqi Kurdistan. Hannam and Brinkley fell into conversation about Afghanistan, which was to be Brinkley’s next posting.

“I’ve got a problem in Afghanistan,” Hannam remembers Brinkley saying. Brinkley was talking to the right man.

Hannam and Brinkley agreed that any such project should be led by an Afghan, lest it be seen as part of a resource grab by foreigners.
[which of course, it is.]
Hannam pledged to bring entrepreneurial support, technical expertise, and capital. “And I’ll make some Afghans very rich, by the way,” he added.

And here is where the power of old Babylon really comes into play. You see, when a Bankster really wants to acquire indomitable wealth and power, he must get in bed with the priestly orders that have survived down through the centuries from the ancient temples. (See the Amazon.com book link Babylon’s Banksters, by Dr. Joseph P. Farrell.)

Hannam and Brinkley just need one more door opened to them to get their foot planted in their first gold mine. Enter Afghan businessman, Sadat Naderi, close associate of the Aga Khan and current chairman of the Afghan Gold Company.

Hannam’s eyes lit up. Naderi, it turned out, already had a little gold mine in Baghlan province. His family had run a tiny artisanal operation there, even minting some coins, for years. He had won the legal rights to it in formal bidding in 2008. To develop it, he needed technical advice, equipment, and capital.

Naderi was an Ismaili, a member of a Shiite sect. That was a good thing in Hannam’s eyes. Progressive in their views toward women and education, Ismailis are renowned businessmen. The Ismailis’ religious leader, the Aga Khan, presides over a vast charitable and business network that includes the Serena Hotel chain. The sect has a long-standing relationship with the British, dating back to the 1840s, when Ismailis provided British armies in Afghanistan with cavalry and intelligence.

Naderi’s father was the religious leader of all the Ismailis in Afghanistan. The family has several mansions and a palace in their home village, Kayan, which has athletic facilities and a train, and once had a zoo. Naderi’s brother Jafar had been a militia commander during the last days of Soviet occupation, with a 12,000-member private army. A documentary film titled The Warlord of Kayan had shown Jafar fishing with a grenade, riding his motorcycle, and blasting AC/DC. During the Taliban era, the Naderis had fled for their lives, and Osama bin Laden briefly occupied their palace in Kayan.

Sadat Naderi, not surprisingly, was happy to contemplate an investment of working capital raised by J.P. Morgan and backed up by the Pentagon. “The sooner we stand on our own feet, the better it is for us Afghans,” Naderi says. “You cannot be a beggar nation forever.”

I will digress here for a moment to mention the significance of this person, the Aga Khan: For background on this titular head known as the “Aga Khan,” please see the TV documentary “Angels and Demons” (not to be confused with the famous Hollywood movie and novel by the same title.) This can be viewed on YouTube; scroll to the 4-minute mark.

From the video: “In the early 1800’s, [the ancient brotherhood of Assassins] came under the direction of the Aga Khan, who they believed possessed divine powers. In the latter 1800’s, the Aga Khan brought them to Afghanistan where they developed a lasting relationship of the British. Later, the Aga Khan’s descendants further infiltrated Western culture.”

Back to our story. Enter Jamie Dimon.

In late September, J.P. Morgan CEO Jamie Dimon, Brinkley, and Mining Minister Wahidullah Shahrani met at J.P. Morgan’s headquarters in Manhattan. Dimon pledged J.P. Morgan’s support. On the way down in the elevator, Dimon told Shahrani, “You’re in good hands with Ian. He’s eccentric, but he gets things done.”

But soon Brinkley’s team was wondering. On the day the deal signing was to take place, Hannam’s team stopped acting like former warriors and began behaving like, well, nervous investment bankers. Hannam, after talking about how rich he was going to make his clients, suddenly began to complain that there was no way to make a profit. The 26% royalty rate for the mine, his team claimed, was way too high. Mining Minister Shahrani was bewildered — the rate had been agreed upon years before, when the Naderi family had first bid for the mine. Nothing had changed.

Everyone recognized, though, that the deal was too important to die. Naderi and Hannam’s team worked out an arrangement with the Ministry of Mines in which the royalty would be deducted from the corporate tax, as it is in many other countries. Soon, helped by rising gold prices, the deal was back on track.

It is my own opinion that the current back-room deals being negotiated by the White House with the Taliban likely include a share of Bankster profits from these mining ventures. The Taliban might get bought off with profits made by Banksters, profits made possible by the blood of U.S. soldiers, an illegal war, and U.S. taxpayer funded bailout money to Banksters. Time will tell if this opinion proves to come true as fact or not.

Back to our story:

J.P. Morgan says it isn’t putting any of its own money into the project.
[of course not! Why use your own money when you can get The Federal Reserve to give taxpayer money at Zero Per Cent interest rate to you and other foreign banks??!!]

Hannam secured $40 million from investors in the U.S., Asia, and Europe. They included Enso Capital founder Joshua Fink, son of BlackRock’s Larry Fink
[your head will spin with a simple Google search of all the fraud scandal surrounding BlackRock!]
; British mining titan Peter Hambro; and Thai businessman Pairoj Piempongsant. Hannam created an investment vehicle, Central Asian Resources, to enter into a joint venture with Naderi’s new mining company, Afghan Gold. Sadat Naderi was made chairman of Afghan Gold, and Richard Williams CEO. Their goal is to pull 5.4 metric tons of gold from the mine during the first phase of operation. After that the plan is to go after five other gold sites, and then bid for the rights to other minerals, including copper and rare earths.

This past December, an ecstatic minister of mines announced the deal. Petraeus congratulated President Karzai on the news. “Wonderful,” Petraeus remembers Karzai saying.

“It’s big,” Petraeus told me of the gold mine deal. “It’s very big. I mean, everyone knows who J.P. Morgan is, and what that represents. That’s substantial. It gives real encouragement to our Afghan partners.”

The Fortune Magazine story concludes with these paragraphs. For an added dollop of icing on the cake, you Freemason conspiracy buffs out there might chuckle over the fact that many of these gold mine sites in Afghanistan are located at 33rd-degree latitude.

The spark that Brinkley and Hannam struck, however, continues to burn. Six major minerals sites are due to be auctioned by the Afghan government over the next year. SRK, a major mining-consulting firm, will advise the Afghan government. Bankers from Morgan Stanley (MS) and executives from Chevron (CVX) have been scouting Afghan natural-resource prospects.

And next January the bulldozers and crushing machines are set to start working in the remote valley where Hannam’s investors have staked their claim. It remains to be seen whether the J.P. Morgan adventure will leave any more indelible a mark on Afghanistan than did Capt. Drummond of the Bengal Light Cavalry 170 years ago. But at least someone will have begun releasing the wealth trapped in Afghanistan’s stones.

The sands of time in the dunes of history swirl round and round. I wonder if Nimrod’s very feet may have touched the same rocky crags as are currently being traversed by Jamie Dimon’s grunt men. As a clever empire-builder, Nimrod could not have failed to notice the gold and minerals of the land of Shinar, and beyond. For it was about that time in mankind’s history when the priesthoods of Egypt and Babylon took charge and formed alliances with sovereigns and strong men to allow a minority of elitists to keep the majority of humans under their thumb. The priests of ancient religious systems concocted monetary systems destined to drive mankind into despair and immortalized their achievements by having gold and silver coins minted in their own temples and stamped with their own sacred symbols. One might wonder if an image of Jamie’s face will appear on the first minted coins from the Afghan mines.

However, Jamie Dimon’s empire is destined to end the way Nimrod’s empire ended. In fact, all human-made empires eventually fall. Another King of Babylon once had these words proclaimed to him by the prophet Daniel on the very night when his empire was literally falling apart while the king ignored the warnings and lavished himself with fine wine and banquets:

25 And this is the writing that was inscribed: ME’NE, ME’NE, TE’KEL and PAR’SIN.

26 “This is the interpretation of the word:
ME’NE, God has numbered [the days of] your kingdom and has finished it.

27 “TE’KEL, you have been weighed in the balances and have been found deficient.

28 “PE’RES, your kingdom has been divided and given to the Medes and the Persians.”

29 At that time Belshazzar commanded, and they clothed Daniel with purple, with a necklace of gold about his neck; and they heralded concerning him that he was to become the third ruler in the kingdom.

30 In that very night Belshazzar the Chaldean king was killed.
— Daniel 5:25-30

I fully expect that the words Josephus used to describe the ancient man Nimrod will prove equally true with respect to Jamie Dimon: “little by little [he] transformed the state of affairs into a tyranny, holding that the only way to detach men from the fear of God was by making them continuously dependent upon his own power.” And then, one day soon, mankind will see the folly of allowing themselves to become dependent on the power of a tyrant.

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About sedonadeb

In case you're wondering, yes, there is a reason for what's going on. I am the host of the Bee in Eden radio show and one of the team writers at RogueMoney.net. We discuss the inextricable links between modern credit and money with ancient religious systems.
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One Response to J.P. Morgan’s Nimrod in Afghanistan

  1. Emily Morales says:

    Debbie, I find it most interesting that the false god (Satan the Devil), that claimed that humans would only worship the true God Jehovah for what they could get from Him, uses that very tactic on his own followers. It seems to me that all ‘higher-ups’ in any given false religion are living the ‘good life’ for now. Thanks for the interesting insight.
    Emily

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