[So, what follows is that Emma Rothschild, despite her last name, has no
share in the Rothschild (financial) empire - no "heiress", by any stretch.

Yet another Lie propagated by the Lie Manufacturing Machines gets busted.
Ref.: 'Strange saga of Amartya Sen and the Rothschilds' at <
https://www.sundayguardianlive.com/opinion/strange-saga-amartya-sen-rothschilds
>.
Also look up: 'The continuing crucifixion of Amartya Sen' by Santosh Paul
at <
https://economictimes.indiatimes.com/blogs/courts-commerce-and-the-constitution/the-continuing-crucifixion-of-amartya-sen/
>.

<<Before he died in 1812, Mayer Rothschild left strict rules for his
descendants on how they should handle the family’s finances. He wanted to
keep the fortune within the family and, as such, encouraged the arrangement
of marriages among relatives. According to an article published in the
August 2003 issue of Discover magazine entitled “Go Ahead, Kiss Your
Cousin,” “Mayer Amschel Rothschild arranged his affairs so that cousin
marriages among his descendants were inevitable. ***His will barred female
descendants from any direct inheritance*** [emphasis added]. Without an
inheritance, female Rothschilds had few possible marriage partners of the
same religion and suitable economic and social stature – except other
Rothschilds. Rothschild brides bound the family together. Four of Mayer’s
granddaughters married grandsons, and one married her uncle. These were
hardly people whose mate choice was limited by the distance they could walk
on their day off.”>>
(Excerpted from s. no. I. below.)

<< Why this article? Amartya Sen is a luminous star in the constellation of
influential economists. He is anathema for India’s right wing not just for
his steadfast views on  welfare economics but for his being  an ardent and
vocal advocate of the Nehruvian worldview. Worse, he endorses the Kerala
model of growth which for some mistaken reason is seen as wholly  the
creation of the left ignoring substantial Congress rule in the state which
contributed to it’s remaining on the top of the human index charts. These
are ideas  antithetical to the intellectual dispensation trying to gain
ascendancy. The trouble for his detractors is that Sen is far too
intellectually equipped and has too many arrows in his quiver to be
shredded by the run of the mill. So it is necessary to destroy his
reputation by slander, innuendo or this  conjecture ridden analysis.
 The article communicates in great haste and urgency, that Amartya Sen is
married to Emma Rothschild, “one  of the heiress  of the world’s wealthiest
family.” What we are not told is that she is a British economic historian
of repute and is currently serving as the Professor of History at the
Harvard University. ...>>
(Excerpted from s. no. II. below.)

<<Amartya Sen has become hyperactive in attacking policies that benefit the
people of India, but one fact he has been shy of disclosing during his
attacks is his apparent conflict of interest by virtue of marrying (((Emma
Rothschild, one of the heiresses of the world’s wealthiest family***
[emphasis added]. ...
The family business of Amartya Sen’s family on wife’s side, NM Rothschild &
Sons, is seen as having made tremendous amounts of money during the United
Progressive Alliance regime between 2004 and 2014, even as Sen’s
blue-eyed-boy, Jean Dreze was a key member of Sonia Gandhi’s National
Advisory Council. The connection between Amartya Sen and his family’s
business is not merely a tenuous one. On the contrary, Sen’s father-in-law
himself, Nathaniel Mayer Victor Rothschild, 3rd Baron Rothschild, was part
of the management of NM Rothschild & Sons. Victor’s cousin, Lynn Forester
de Rothschild, owns a significant stake in the Economist magazine, which
explains the magazine’s constant barbs against the Hindu community even as
they support Sonia Gandhi and prop up Amartya Sen’s economic ideas.>>
(Excerpted from s. no. III. below.)]

I/III.
https://www.investopedia.com/updates/history-rothschild-family/

A History of the Rothschild Family

BY JENNIFER COOK

Updated Feb 21, 2019

[CORRECTION: An earlier version of this article cited an estimate of the
combined net worth of the Rothschilds at $350 billion. That estimate came
from a source that does not meet Investopedia’s standards, and we have
consequently retracted it. Similarly, an estimate that the Rothschilds
controlled more than $2 trillion worth in assets was also inadequately
sourced and retracted.]

The Rothschild Family
The Rothschilds, a prominent family originally from Germany, established
banking and finance houses in Europe beginning in the 18th century.
Pioneers in providing capital for business and financing infrastructure
projects such as railways and the Suez Canal, the Rothschilds molded the
way the international world of high finance works today.

The Rothschild empire had its genesis during the 1760s when Mayer Amschel
Rothschild (1744-1812) founded a banking business in his native Frankfurt,
in the German duchy of Hesse. Over time, and with the help of his five
sons, the family business expanded throughout several European countries.

Mayer Amschel Rothschild: The Founder
The Rothschilds’ empire had humble beginnings. Its founder, Mayer Amschel
Rothschild, was born in 1744 and raised in Frankfurt’s Jewish ghetto.
During that era, Jews were legally required to live in small communities
that were separate from Christians. They were also not allowed to leave
their villages at night, on Sundays or on Christian holidays.

As a child, Rothschild lived in a house with about 30 other family members
and learned about the business world at an early age – his father, Amschel
Moses Rothschild, traded coins, silk and other commodities for a living.
One of Amschel Rothschild’s clients was Crown Prince Wilhelm of Hesse.

Mayer Rothschild became an orphan at age 12, when his mother and father
died in a smallpox epidemic. Before their passing, Rothschild’s parents
wanted their son to become a rabbi. However, shortly after his 13th
birthday, he decided to take an apprenticeship with a banking firm in
Hanover, Germany. During his time there, Rothschild learned the ins and
outs of banking and foreign trade from bankers who used their extensive
connections and financial skills to advise and serve the reigning nobility;
some of these bankers had risen to the status of what were known as "court
Jews," or court factors.

The Beginnings of a Banking Empire
Rothschild returned to his hometown of Frankfurt when he turned 19. Along
with his brothers, he continued the commodities and money-trading business
their father had started and also sold rare coins. Through his rare coin
business, Rothschild met Crown Prince Wilhelm, who in 1785 became Wilhelm
IX, Landgrave of Hesse-Kassel, and eventually the European continent’s
richest man. Rothschild was soon providing other banking services to
Wilhelm and a number of nobles, and by 1769, he was given the title of
court factor. In 1770, he married and went on to have 10 children – five
sons and five daughters.

Expanding and Controlling the Rothschild Footprint
The Rothschild banking empire benefited tremendously from the French
Revolution. During the war, the Austrian army contracted Rothschild to
supply it with a range of items, including wheat, uniforms, horses and
equipment; he also facilitated monetary transactions for Hessian mercenary
soldiers. Around that time, Rothschild sent his sons to live in the capital
cities of various European countries with the goal of establishing banking
businesses in Naples, Vienna, Paris and London, in addition to Frankfurt.
With Mayer Rothschild’s children spread across Europe, the five linked
branches became, in effect, the first bank to transcend borders. Lending to
governments to finance war operations over several centuries provided the
Rothschild family with ample opportunity to accumulate bonds and build
additional wealth in a range of different industries.

Before he died in 1812, Mayer Rothschild left strict rules for his
descendants on how they should handle the family’s finances. He wanted to
keep the fortune within the family and, as such, encouraged the arrangement
of marriages among relatives. According to an article published in the
August 2003 issue of Discover magazine entitled “Go Ahead, Kiss Your
Cousin,” “Mayer Amschel Rothschild arranged his affairs so that cousin
marriages among his descendants were inevitable. His will barred female
descendants from any direct inheritance. Without an inheritance, female
Rothschilds had few possible marriage partners of the same religion and
suitable economic and social stature – except other Rothschilds. Rothschild
brides bound the family together. Four of Mayer’s granddaughters married
grandsons, and one married her uncle. These were hardly people whose mate
choice was limited by the distance they could walk on their day off.”

Nathan Mayer Rothschild
Of the four Rothschilds who ventured out, Nathan, the third son
(1777-1836), achieved the greatest success. Nathan took over the lead role
in pioneering international finance. Using a network of carrier pigeons and
couriers to communicate with his siblings, Nathan acted as a central bank
for Europe – brokering purchases for kings, rescuing national banks and
funding infrastructure, such as railroads, that would help start the
Industrial Revolution.

Nathan had moved to England in 1798. There he founded a textile jobbing
business with £20,000 of working capital, the equivalent of £2 million
today. He also began trading on the London Stock Exchange and eventually
founded a bank, which became N M Rothschild & Sons Ltd. The firm is the
country’s seventh oldest bank in continuous operation. Although privately
held and still controlled by the Rothschild family, N M Rothschild & Sons
Ltd. reported a net income of £51.558 million in 2015.

Like the other Rothschild banks that were subsequently set up throughout
Europe, N M Rothschild & Sons Ltd. furnished credit to the government
during times of war and crisis. During the Napoleonic Wars, for example, it
managed and financed various subsidies the British government sent to its
different allies and lent funds to pay the British troops, almost
single-handedly financing the British war effort.

In 1824 he and Moses Montefiore cofounded the Alliance Assurance Company,
which lives on today as RSA Insurance Group. Nathan also helped fund the
newly founded country of Belgium in 1830 and gained the rights to the
Almadén mines from the Spanish government in 1835, securing a European
monopoly on mercury, which was used to refine gold and silver. The supply
of the chemical came in handy in the 1850s, when NM Rothschild & Sons
started to refine gold and silver for the Bank of England and the Royal
Mint.

Growing Philanthropic Activities
Nathan contributed to many areas of philanthropy in the Jewish community.
His family later expanded these charitable efforts to other populations in
Paris and London. His earliest efforts went toward synagogues in London. He
continued to champion this work, which eventually led to the formation of
United Synagogue, a larger organization that helped streamline the causes
of the smaller individual synagogues. Later, various family members
supported the creation of Israel and helped with the construction of
government buildings.

Rothschild had seven children with his wife, Hannah Barent Cohen. Those
children followed and built on their family's philanthropic tradition. The
Rothschild Archive reports that Nathan's youngest child, Louise, and her
seven daughters took responsibility for many of the 30 Rothschild
charitable foundations in Frankfurt. These included public libraries,
orphanages, hospitals, homes for the elderly and special funds allocated
for the purpose of education. The Jews’ Free School in London, in
particular, received extensive financial support. Educational efforts in
Austria, France and Israel were also made possible through Rothschild
generosity. In addition to monies put toward education, the family gave an
estimated 60,000 pieces of artwork to numerous organizations. The
Rothschild family expanded the creation of social housing in the cities of
London and Paris, and the Rothschild Foundation was created to further
these efforts.

The House of Rothschild in the 20th Century
Internal and external change – including world wars, politics and family
rivalries – diminished the family fortune over the next 100 years. The
Naples branch of the bank had closed in 1863 and a lack of male heirs led
to the closing of the Frankfurt branch in 1901; the Vienna branch was
shuttered in 1938 after the Nazis invaded Austria and Jews were endangered
in the lead-up to World War II. The Vichy government in France expropriated
Rothschild Bordeaux properties during the war and the Nazis confiscated
millions of dollars’ worth of art, jewels and precious objects from the
Austrian branch of the family (a portion of these were returned by the
Austrian government in 1998). Over the years, palatial Rothschild estates
were gradually donated to the British and French governments and to other
organizations and universities.

By the 1970s three Rothschild banks remained: the London and Paris branches
and a Swiss bank founded by Baron Edmond Adolphe de Rothschild (1926-1977).
In 1982, president Francois Mitterrand’s socialist government dealt the
Paris bank fatal blow, nationalizing it and renaming it Compagnie
Européenne de Banque. Despite his independence – and resentment at being
called “le petit Edmond” (a reference to his small stature among the
generally tall Rothschilds) – Edmond came to the aid of his cousin, Baron
David René de Rothschild (1942- ), who had stayed in Paris and in 1986
created Rothschild & Cie Banque. David quickly built it into France’s
second largest merchant bank. In 2003, the British and French banks were
united with David as chairman, and in 2008 all of the holdings were
reorganized under a single company, a shareholder of Paris Orléans based in
France, unifying the family businesses roughly two centuries after the five
sons of Mayer Rothschild spread out across Europe.

Moving into the 21st Century
The family wealth has been divided among many descendants and heirs
throughout the years. Today, Rothschild holdings span a number of
industries including, financial services, real estate, mining, energy and
charitable work. The family also owns more than a dozen wineries in North
America, Europe, South America, South Africa and Australia.

Traditionally, the Rothschild fortune is invested in closely held
corporations. Today, Rothschild corporations have continued to see success.
Most family members are employed by these corporations directly or are
invested in operations that generate family wealth. The remarkable success
of the family has largely been due to a strong interest in cooperation,
being entrepreneurs and the practice of smart business principles. The
estate of Nathan Rothschild was intimately tied to the other fortunes of
the family and became part of the collective wealth each Rothschild passed
to the next generation. Rothschild descendants continue to finance global
business operations and contribute to scholarly, humanitarian, cultural and
business endeavors.

The family motto is: Concordia, Integritas, Industria, which means
“Harmony, Integrity, Industry.”

II/III.
https://economictimes.indiatimes.com/blogs/courts-commerce-and-the-constitution/the-continuing-crucifixion-of-amartya-sen/

The continuing crucifixion of Amartya Sen

April 16, 2019, 1:24 PM IST

Santosh Paul in Courts Commerce and the Constitution | Economy | ET

An article has surfaced under the title ‘Strange Saga of Amartya Sen and
the Rothschilds’ by the author Arvind Kumar. The title is obviously  meant
to conjure up the latent anti-Semitic sentiment against  a time tested
goblin – the Jewish global financial conspiracy. This   harangue is
published in  a online newspaper called Sunday Guardian. Not to be
mistaken  with a  Sunday edition of the Guardian of U.K. The similarity in
the nomenclature is to give it an air of journalistic  respectability to
the journal swimming the tide against the so called left influenced media.

 Why this article? Amartya Sen is a luminous star in the constellation of
influential economists. He is anathema for India’s right wing not just for
his steadfast views on  welfare economics but for his being  an ardent and
vocal advocate of the Nehruvian worldview. Worse, he endorses the Kerala
model of growth which for some mistaken reason is seen as wholly  the
creation of the left ignoring substantial Congress rule in the state which
contributed to it’s remaining on the top of the human index charts. These
are ideas  antithetical to the intellectual dispensation trying to gain
ascendancy. The trouble for his detractors is that Sen is far too
intellectually equipped and has too many arrows in his quiver to be
shredded by the run of the mill. So it is necessary to destroy his
reputation by slander, innuendo or this  conjecture ridden analysis.

 The article communicates in great haste and urgency, that Amartya Sen is
married to Emma Rothschild, “one  of the heiress  of the world’s wealthiest
family.” What we are not told is that she is a British economic historian
of repute and is currently serving as the Professor of History at the
Harvard University. The photograph posted accompanying the article of Sen
and Emma is a letdown. It is shorn of the glitz and glamour one expects
with such a statement and we are left staring at two very  staid academics
in not so glamorous surroundings.

 Coming back to the thrust of the argument, the author writes that the
Rothschild family have made money “off (sic) India and the Indian
government”. Which branch of the Rothschilds? Which entity of the
Rothschild? And how did they make this money “off” India, whatever that
means? There are no explanations. If the reader is not familiar with this
kind of semantics he is ‘the uninitiated’. The very next sentence will send
heads spinning into a tizzy. The  Rothschilds are estimated to be worth “at
least US dollars 400 billion” which was   by enriching themselves  “finding
opportunity on growing misery around the world”. True to its anti semitic
liturgy and plot, we are informed that the Rothschild family has
manipulated stock markets, funded World Wars, exercised significant control
over the banking system, owns large media outlets to influence public
opinion in their favour. The following sentence though disconnected is very
critical. “Amartya Sen, of course, is the apostle of poverty.” The author
is sending a coded message to his constituents – the connection between big
money and the apostle of welfare economics.

 The author does not waste much time in zeroing  in on to his now
unconcealed agenda.  NM Rothschild and Sons “is seen as having made
tremendous amounts of money” during  the UPA regime between 2004 and 2014.
This allegation is bereft of any substantiation. But that’s not required.
Now comes the further insinuation.   Mayer    Victor Rothschild, i.e. Mr.
Sen’s father-in-law “was part of the management of NM Rothschild & Sons”.
The average reader would like to know what were the positions he held? And
which years did he hold it? And then he would ask the basic question, where
is the connect? The author instead reveals a disconnected fact which he
lazily purveyed from the Internet. Lynn Forester de Rothschild, Victor’s
cousin owns a significant stake in the Economist magazine which explains
the magazine’s barbs, support to Sonia Gandhi and propping up Amartya Sen’s
economic ideas. Does the right of centre Economist magazine advocate Sen’s
views on the welfare state? The author it appears has little knowledge of
economics. And he certainly does not read the Economist.

 We are told and made to believe that the Rothschild’s are responsible for
everything which went wrong with business deals in India during the
diabolic UPA regime. Be it AIRCEL, Vedanta, Kingfisher or Venkateshwara
Hatcheries. Then we are told again without proof that NM Rothschild was
involved in UPA to swing deals from Vedanta’s acquisitions to Kingfishers
acquisition of Air Deccan. Wait a minute! Are these acquisitions illegal?
Not to common knowledge.   The author is not inclined to even remotely
suggest it. All he suggests is that each of the firms, I presume he means
companies, ‘has come under a scanner of the authorities’. For what?  Now
comes  the eureka moment,“Venkateswara hatcheries was raided by income tax
sleuths” for “transactions related to movements of huge amounts of cash”
during Tuglak moment in India’s contemporary economic history – the
demonetisation..  So what is the sequitur? Believe it or not, this explains
Amartya Sen’s criticism of demonetization. Bizarre? Not yet.

 The article then zooms in to the surreal. The‘firm’ meaning NM Rothschild
was chosen to e-auction 3 G spectrum “even though they never been known as
a computer software firm”. NM Rothschild is one of the 10 largest
investment bankers in the world. By this proposition, they simply could not
have been given this assignment because, lo behold! they are not a
‘computer software firm’ .

 Rothschilds according to the author has a net worth of US $ 400 billion.
Now it is alleged they pocketed Rs.30.5 crores. How? Did they rob it? Was
it a dole-out? What was this transaction about? Readers are left wondering
and curious. And why did it escape the investigation? How did it slip the
prosecution while filling charge sheet in the case? There is no explanation
why this was not brought to attention of law enforcement who had their
noses rubbed to the ground  when all the charges fell flat on its face. The
author aware of the shortcoming of his soliloquy. He quips “of course, none
of this has been probed even after 2014”.  2014 is not just a casual date.
But he cannot be allowed to walk out of that nonchalantly. Because  2014 is
the year the NDA came to power and the editor of Sunday Guardian was
M.J.Akbar was a prized minister in the new regime. Why did the regime not
pursue the Rothschilds? If this angle was not probed, how did our Sherlock
Holmes fall upon this information?

 Fearing a libel action the author now treads  cautiously. Rothschild Bank
AG and its subsidiaries “may have violated money laundering rules in the
multi-billion – dollar 1 MDB corruption case in Malaysia”.   ‘May have’?
who gave the piece of speculative information or is it insinuation to the
author. The author aware of the limitations of speculation admits a
definitive conclusion could not be reached without a comprehensive enquiry.
But it does not deter him from innuendo. He now suggests there is a need to
investigate its activities determine whether the unusually high rate of
scams amongst Rothschild’s  clientele is a coincidence. Wondering? Let us
not forget this piece of writing is an exercise in the semantics of faith
and not of reason.

 For an article of this nature which goes on tirelessly it cannot but take
pot shots at Sen and his economics. The author quotes Lynn Forester.  In
case you forgot she holds significant shares in  Economist. She is quoted
being  delighted to bring Del Monte Pacific into India “to participate in
the explosive economic growth of India”. All of a sudden the author angrily
rants that Amartya Sen has not extended the same consideration to the
poorer people of India who also desire to participate in this explosive
growth. Baffled ?  Now comes the explanation which will require halucagens
to understand the logic. Sen has ensured Indians would qualify as
recipients of small amounts of money as part of welfare schemes “wrapped in
the name of Mahatma Gandhi”. Make no mistake it’s the path breaking NREGA
which is under attack. This according to our author has prevented able
bodied people from actively participating as productive members of the
economy.  This was a dominant theme of the NRI laize faire economists who
descended in hordes post 2014. Failing to make a dent they beat the retreat
disillusioned or snubbed by NDA who were politically pragmatic not to
wholly abandon welfare economics.

 There is always a grand finale to these kinds of works. It always tries to
kill two ideas with one insinuation. The writer now moves on like a trapeze
artist walking on sea level pretending to be performing a high jinks tight
rope walk.

 “Like Amartya Sen, some in the UPA were aligned with groups friendly to
the Naxalites and Naxalite supporters on Sonia Gandhi’s National Advisory
Council”. You should have guessed it right by now who that Naxalite
supporter is. Sen’s intellectual fellow traveler Jean Dreze “was a key
member of Sonia Gandhi’s National Advisory Council”. Like a deft movie
camera in a Hollywood action movie  he suddenly swoops down  on to the
bizarre.  “Amartya Sen’s economic policies ended up with the same track
record as his family business”.  What are Sen’s economic policies? And what
are his family business? I guess he is referring to the business of the
Rothschilds.

The reader is sent  reeling not just with absurdities of the  argument but
at the speed at which they is thrown at him.  How the US $ 400 billion
Rothschild empire is involved with the Naxalite movement will baffle
ordinary minds. For the uninitiated, further proof may be required for the
connect. But for those baptised, the mere statement is clinching evidence.
One thing is for sure is if these Naxal subversives assume power; the
Rothschilds would be their first target.  Maybe the Naxalites and the
Rothschilds have common interests.  That will be the day when we loose our
collective common sense.

III.
https://www.sundayguardianlive.com/opinion/strange-saga-amartya-sen-rothschilds?fbclid=IwAR0a96RaYrpdX-r8Q3k0t0BzxV6jPkqIDk3ApdoBpObYOEy0hHeV8hKtKWg

Strange saga of Amartya Sen and the Rothschilds

Arvind Kumar
Updated :  April 6, 2019,  9:05 PM

Amartya Sen and his wife Emma Rothschild, who is one of the heiresses to
the world’s wealthiest family.

Rothschilds & Co funds units of ‘civil society’ in India that control
narrative on ‘human rights violations’.




Amartya Sen has become hyperactive in attacking policies that benefit the
people of India, but one fact he has been shy of disclosing during his
attacks is his apparent conflict of interest by virtue of marrying Emma
Rothschild, one of the heiresses of the world’s wealthiest family. The
family have made money off India and the Indian government. The assets of
the Rothschilds are estimated to be worth at least US$400 billion and the
family has a reputation of enriching itself by finding opportunity even on
growing misery around the world. The Rothschild family has a history of
manipulating stock markets, funding world wars, engineering large scale
decisions in their favour, exercising significant control over the banking
system, and owning large media outlets to influence public opinion in their
favour. Amartya Sen, of course, is the apostle of poverty.

The family business of Amartya Sen’s family on wife’s side, NM Rothschild &
Sons, is seen as having made tremendous amounts of money during the United
Progressive Alliance regime between 2004 and 2014, even as Sen’s
blue-eyed-boy, Jean Dreze was a key member of Sonia Gandhi’s National
Advisory Council. The connection between Amartya Sen and his family’s
business is not merely a tenuous one. On the contrary, Sen’s father-in-law
himself, Nathaniel Mayer Victor Rothschild, 3rd Baron Rothschild, was part
of the management of NM Rothschild & Sons. Victor’s cousin, Lynn Forester
de Rothschild, owns a significant stake in the Economist magazine, which
explains the magazine’s constant barbs against the Hindu community even as
they support Sonia Gandhi and prop up Amartya Sen’s economic ideas.

One deal that is regarded as benefiting NM Rothschild & Sons during the UPA
rule involves the e-auction of 3G spectrum. The firm had been chosen to
conduct the e-auction even though they had never been known as a computer
software firm. The firm pocketed Rs 30.5 crore for conducting the auction
and this must be considered as a gift by the UPA government. It is not
clear why there was a need for an e-auction when there were only a handful
of participants in the bidding process. The most questionable aspect of
this whole episode was that the Rothschilds were not a neutral third party,
but had been retained by Aircel, which was looking for a buyer for their
towers that were eventually sold for $1.8 billion. Of course, none of this
has been probed even after 2014.

Today, several firms that involved NM Rothschild & Sons to swing deals
during the UPA era are embroiled in financial scams. Apart from Aircel,
which is caught up in the Aircel-Maxis scam, NM Rothschild was also
involved in Vedanta’s purchase of Cairn India, Kingfisher Airlines taking
over Air Deccan, and the promoters of Venkateswara Hatcheries acquiring the
English Premier League football club, Blackburn Rovers. Each of these firms
has come under the scanner of the authorities. Venkateswara Hatcheries was
raided by the income tax sleuths after suspicions about transactions
related to movements of huge amounts of cash in the wake of demonetisation.
For this reason, Amartya Sen’s criticism of demonetisation may contain more
than meets the eye.

A few months ago, it was determined that Rothschild Bank AG and one of its
subsidiaries may have violated money laundering rules in the
multi-billion-dollar 1MDB corruption case in Malaysia. This background of
Rothschild Bank is combined with the fact that mergers and acquisitions,
especially those spanning multiple international jurisdictions, readily
lend themselves to allegations of being vehicles for money laundering
through arbitrary valuation of the firm being acquired. As a definitive
conclusion cannot be reached without a comprehensive inquiry, there is a
need to investigate NM Rothschild activities in India and determine whether
the unusually high rate of scams among their clientele is a coincidence.

The Rothschilds have been active in a number of sectors in India including
infrastructure, financial advisory, healthcare, and food processing, and
when one Rothschild firm sold its share in a joint venture to Del Monte
Pacific, Lynn Forester de Rothschild, CEO of EL Rothschild said, “We are
delighted to have brought this company to a point where it has attracted
large international players like Del Monte Pacific. This is a positive way
for us to participate in the explosive economic growth of India.” Amartya
Sen has not extended the same consideration towards the poorer people of
India who would also want to participate in the “explosive economic growth
of India”. Instead, he has ranted and raved against policies that would
allow Indians to participate in their own economy, and along with his
protégés in the National Advisory Council of the UPA government, he has
ensured that Indians would only qualify as recipients of small amounts of
money thrown at them as part of welfare schemes wrapped in the name of
“Mahatma Gandhi”, while being prevented from actively participating as
productive members of the economy and competing against his family on
wife’s side, the Rothschilds.

Amartya Sen’s recent salvos on India include demands of non-interference in
what he calls the “civil society”, which really translates to foreign and
foreign-funded non-governmental organisations that actively interfere in
Indian politics. He asks for complete freedom for the Reserve Bank of India
with no oversight by the Indian people or their democratically elected
representatives even as those who control the RBI take instructions from
the International Monetary Fund and the World Bank. These demands may
reflect his family’s priorities, as the proposal for setting up the RBI
first arose during the hearings before the Indian Currency Committee in
1898 and 1899 from two members of the Rothschild clan—Alfred de Rothschild
and his brother Nathan Mayer Rothschild, 1st Baron Rothschild. Both
Rothschilds wanted RBI to be controlled from the West, with no oversight
from the Delhi government, exactly as Amartya Sen now demands. Indian
freedom fighters saw through this game of the British and defeated their
efforts to create the Reserve Bank in the 1920s. The Rothschilds’ business
in India goes back to a much earlier period. As far back as 1814, Nathan
Mayer Rothschild, the grandfather of the two Rothschilds who provided
inputs to the Currency Committee, was not only a voting member of the
United Company of Merchants of England, Trading to the East Indies (also
known as the East India Company), but was also among the few people
eligible to be chosen as its director.

Today, Rothschild & Co funds units of the so-called “civil society” in
India that control the narrative on what constitutes “human rights
violations”. (Hint: Anything Hindus do is a violation of human rights
unless it benefits those who wield power in America and Europe.) One
organisation it funds is Prerana, which lists Asha for Education as a
partner on its website. In 2002, the founder of Asha for Education, Sandeep
Pandey, attended the party congress of the Naxalite group Communist Party
of India (Marxist-Leninist)-Liberation and called for the unity of
“revolutionary” organisations. CPI(ML)-L openly advocates an “armed
revolution” and its stated objectives include the use of “illegal” methods
and raising an army to wage a war against India. At their 2002 meeting, the
party also honoured “comrade martyrs” or terrorists killed in action.

Like Amartya Sen, some in the UPA were aligned with the group friendly to
the Naxalites and had Naxalite supporters on Sonia Gandhi’s National
Advisory Council. It is fitting that the government which was based on
Amartya Sen’s economic policies ended up with the same track record as his
family business—a trail of deals that enriched the wealthiest people in the
world at the cost of the poorer people in the country.

Arvind Kumar can be reached at [email protected]
-- 
Peace Is Doable

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