It was one of those stupid emails with a
stupid news item that probably wasn't true, but I read it and said to myself Oh
my God, that's not just worthy of a stupid item in Disinfotainment
Today, that's worthy of a novel. So being a novelist, I started writing a
novel called The Wrong Bus, which may clue you in to the subject if you
got the same stupid email I did. You may even be one of the many who sent it to
me, in which case thanks a lot.
So for the moment, I won't be doing much writing, just cutting
and pasting from my ridiculous email.
Money Makes the World Go
Round
"Since printing paper money is
nothing short of counterfeiting, the issuer of the international currency must
always be the country with the military might to guarantee control over the
system. This magnificent scheme seems the perfect system for obtaining perpetual
wealth for the country that issues the de facto world currency...
"The 1944 Bretton Woods
agreement solidified the dollar as the preeminent world reserve currency,
replacing the British pound. Due to our political and military muscle, and
because we had a huge amount of physical gold, the world readily accepted our
dollar (defined as 1/35th of an ounce of gold) as the world's reserve currency.
The dollar was said to be "as good as gold," and convertible to all foreign
central banks at that rate. For American citizens, however, it remained illegal
to own. This was a gold-exchange standard that from inception was doomed to
fail.
"The U.S. did exactly what many predicted she would do. She
printed more dollars for which there was no gold backing. But the world was
content to accept those dollars for more than 25 years with little question -
until the French and others in the late 1960s demanded we fulfill our promise to
pay one ounce of gold for each $35 they delivered to the U.S. Treasury. This
resulted in a huge gold drain that brought an end to a very poorly devised
pseudo-gold standard.
"It all ended on August 15, 1971, when Nixon closed the gold
window and refused to pay out any of our remaining 280 million ounces of gold.
In essence, we declared our insolvency and everyone recognized some other
monetary system had to be devised in order to bring stability to the
markets.
"Amazingly, a new system was devised which allowed the U.S. to
operate the printing presses for the world reserve currency with no restraints
placed on it - not even a pretense of gold convertibility, none whatsoever!
Though the new policy was even more deeply flawed, it nevertheless opened the
door for dollar hegemony to spread.
"Realizing the world was
embarking on something new and mind-boggling, elite money managers, with
especially strong support from U.S. authorities, struck an agreement with OPEC
to price oil in U.S. dollars exclusively for all worldwide transactions. This
gave the dollar a special place among world currencies and in essence 'backed'
the dollar with oil. In return, the U.S. promised to protect the various
oil-rich kingdoms in the Persian Gulf against threat of invasion or domestic
coup. This arrangement helped ignite the radical Islamic movement among those
who resented our influence in the region. The arrangement gave the dollar
artificial strength, with tremendous financial benefits for the United States.
It allowed us to export our monetary inflation by buying oil and other goods at
a great discount as dollar influence flourished...
"It sounds like a great deal
for everyone, except the time will come when our dollars - due to their
depreciation - will be received less enthusiastically or even be rejected by
foreign countries. That could create a whole new ballgame and force us to pay a
price for living beyond our means and our production. The shift in sentiment
regarding the dollar has already started, but the worst is yet to come.
"The agreement with OPEC in the 1970s to price oil in dollars
has provided tremendous artificial strength to the dollar as the preeminent
reserve currency. This has created a universal demand for the dollar, and soaks
up the huge number of new dollars generated each year. Last year alone M3
increased over $700 billion.
"The artificial demand for our dollar, along with our military
might, places us in the unique position to 'rule' the world without productive
work or savings, and without limits on consumer spending or deficits. The
problem is, it can't last...
"In November 2000 Saddam
Hussein demanded Euros for his oil. His arrogance was a threat to the dollar;
his lack of any military might was never a threat. At the first cabinet meeting
with the new administration in 2001, as reported by Treasury Secretary Paul
O'Neill, the major topic was how we would get rid of Saddam Hussein - though
there was no evidence whatsoever he posed a threat to us. This deep concern for
Saddam Hussein surprised and shocked O'Neill.
"It now is common knowledge that the immediate reaction of the
administration after 9/11 revolved around how they could connect Saddam Hussein
to the attacks, to justify an invasion and overthrow of his government. Even
with no evidence of any connection to 9/11, or evidence of weapons of mass
destruction, public and congressional support was generated through distortions
and flat out misrepresentation of the facts to justify overthrowing Saddam
Hussein...
"In 2001, Venezuela's
ambassador to Russia spoke of Venezuela switching to the Euro for all their oil
sales. Within a year there was a coup attempt against Chavez, reportedly with
assistance from our CIA...
"Now, a new attempt is being
made against the petrodollar system. Iran, another member of the 'axis of evil,'
has announced her plans to initiate an oil bourse in March of this year. Guess
what, the oil sales will be priced Euros, not dollars..."
"Once again Congress has bought
into the war propaganda against Iran, just as it did against Iraq. Arguments are
now made for attacking Iran economically, and militarily if necessary. These
arguments are all based on the same false reasons given for the ill-fated and
costly occupation of Iraq."
- Hon. Ron Paul of Texas, before the U.S.
House of Representatives, February 15, 2006:
The End of
Dollar Hegemony (and the start of the war against Iran) -
"Give me control over a nation's currency and I
care not who makes its laws. The few who understand the system, will either be
so interested from its profits or so dependent on its favors, that there will be
no opposition from that class."
- Baron M.A. Rothschild -
"The bold efforts that the present bank has made
to control the government and the distress it has wantonly caused, are but
premonitions of the fate which awaits the American People should they be deluded
into a perpetuation of this institution or the establishment of another like
it... If the People only understood the rank injustice of our money and banking
system there would be a revolution before morning!"
- President Andrew Jackson (1828) upon vetoing the
Second Bank of the United States Charter -
""When it shall be said in any country in the
world: 'My poor are happy; neither ignorance nor distress is to be found among
them; My jails are empty of prisoners; My streets of beggars; The aged are not
in want; The taxes not oppressive; The rational world is my friend because I am
a friend of its happiness.' When these things can be said, then may that country
boast of its Constitution and of its Government."
- Thomas Jefferson -
"Paper money has had the effect in your state that
it will ever have, to ruin commerce, oppress the honest, and open the door to
every species of fraud and injustice.... But if in the pursuit of the means we
should unfortunately stumble again on unfunded paper money or any similar
species of fraud, we shall assuredly give a fatal stab to our national credit in
its infancy. Paper money will invariably operate in the body of politics as
spirit liquors on the human body. They prey on the vitals and ultimately destroy
them."
- President George Washington in a letter to J.
Bowen, Rhode Island, Jan. 9, 1787 -
"Whoever controls the volume of money in any
country is absolute master of all industry and commerce... And when you realise
that the entire system is very easily controlled, one way or another, by a few
powerful men at the top, you will not have to be told how periods of inflation
and depression originate."
- President James A. Garfield within
weeks of his assassination -
"History records that the money changers have used
every form of abuse, intrigue, deceit, and violent means possible to maintain
their control over governments by controlling the money and its
issuance."
- President James Madison -
"The money powers prey upon the nation in times of
peace and conspire against it in times of adversity. It is more despotic than a
monarchy, more insolent than autocracy, more selfish than bureaucracy. It
denounces, as public enemies, all who question its methods or throw light upon
its crimes. I have two great enemies, the Southern Army in front of me and the
Bankers in the rear. Of the two, the one at my rear is my greatest
foe."
- President Abraham Lincoln -
"We have come to be one of the worst ruled, one of
the most completely controlled and dominated governments in the world - no
longer a government of free opinion, no longer a government of conviction, and
vote of the majority, but a government by the opinion and duress, of small
groups of dominant men."
- President Woodrow Wilson -
"[T]he real menace of our republic is this
invisible government which like a giant octopus sprawls its slimy length over
City, State, and nation... It seizes in its long and powerful tentacles our
executive officers, our legislative bodies, our schools, our courts, our
newspapers, and every agency created for the public protection... To depart from
mere generalisations, let me say that at the head of this octopus are the
Rockefeller-Standard Oil interest and a small group of powerful banking houses
generally referred to as the international Bankers. The little coterie of
powerful international Bankers virtually run the United State s government for
their own selfish purposes. They practically control both parties, write
political platforms, make catspaws of party leaders, use the leading men of
private organisations, and resort to every device to place in nomination for
high public office only such candidates as will be amenable to the dictates of
corrupt big business... These international Bankers and Rockefeller-Standard Oil
interests control the majority of newspapers and magazines in this
country."
- John Hylan: Mayor of New York in 1922
-
"When, through the process of law, the common
people lose their homes, they will become more docile and more easily governed
through the strong arm of government applied by a central power of wealth under
leading financiers. These truths are well known among our principal men who are
now engaged in forming imperialism to govern the world. By dividing the voter
through the political party system, we can get them to expend their energies in
fighting for questions of no importance."
- 1924 edition of the American Banker's
Association Digest -
"The real truth of the matter is, and you and I
know, that a financial element in the large centers has owned the government of
the U.S. since the days of Andrew Jackson. History depicts Andrew Jackson as the
last truly honorable and incorruptible American president."
- President Franklin Delano Roosevelt, November
23, 1933, in a letter to Colonel Edward Mandell House -
"Once a government is committed to the principle
of silencing the voice of opposition, it has only one way to go, and that is
down the path of increasingly repressive measures, until it becomes a source of
terror to all its citizens and creates a country where everyone lives in
fear."
- President Harry Truman -
Award of the
Week
A great big Oscar statuette crammed up the rectum
of whatever Academy producer decided to keep innocuous music running underneath
all the acceptance speeches.