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of the Dollar: How America Was Set Up to Take a Fall
Kenneth Parsons, aka Johnny Silver Bear
I continue to receive
ever increasing numbers of email from readers who request a
clarification of my views about our current economic condition, how it
got this way, and what, if anything, we can do about it.
I often feel faced with a dilemma akin to telling someone it's
raining, and have them not only refuse to believe me, but to also refuse
to walk outside.
My views are simply an amalgamation of insights provided by the wisdom
of the Constitutional pundits, economic sages, financial gurus, and free
market thinkers that I have come to read every day. The Libertarian /
Contrarian editorial slant I provide is as much a result of their
thoughts and experiences as my own personal feelings. I depend on their
insights to temper my own.
We have, in general, become oblivious to the realities of human
nature and corruption. We have been placated to the point of
disinterest. After all, why should we be concerned with the direction
that we are being led? It seems to have worked up until now. This, I
think, is the gist of the problem. It's an illusion. Smoke and mirrors.
We are all being set up for a fall. The tragedy of it is that it
will be our children and their children who will be hit the hardest.
Whose responsibility is it to insure some kind of decent future, Alan
Greenspan's? Pu-leeze!
I will remain ever vigilant in my quest to achieve some sense of
clarity, and to communicate whatever clarity I can through the Silver
Bear Cafe and other gracious forums that are kind enough to post my
essays. Whatever clarity I have here-to-fore attained is, to say the
least, disconcerting. So, in order that I may vent my concerns and
spread some of my frustration around, I will attempt to dissect one
major travesty.
Practically all of the problems in our country can be attributed to the
continuing subjugation of the U.S. Constitution. Had the remedies for
such actions, which are provided in the text of the Constitution, been
applied, many of our former, (as well as current), leaders would have
been prosecuted and removed from public office. One of the main reasons
that the American people have allowed the wholesale dismantling of their
freedoms and liberties stems from the effectiveness of the all pervasive
misinformation campaign that has been waged for over 100 years. Most of
us believe that we live in the land of the free. A place where every
child has the opportunity to grow up and be President of the United
States. This belief is, in the best-case scenario, a stretch. In the
worst case, a bald faced lie. Our political leaders are increasingly
sourced from a pool of self-perpetuating elitists whose main concern is
to distance themselves from the masses. When Constitutional law
stands in their way, they ignore it. We are not being shepherded by
altruistic wise men, but, rather, herded by megalomaniacal desperadoes.
If you asked Joe Six Pack if our society continues to be based on
freedom and liberty, he would probably recollect his 9th grade American
History teacher and respond "Yes, of course." If you were to ask him if
our society was now based on a Stalinesque model of central planning, a
totalitarian system in which the Government claimed all power, and there
were no freedoms that the government did not allow, he would probably
say, "No way." Joe hasn't got a clue. Hey, believe me. I've been trying
to get across to Mr. Six Pack for years. He has been issued blinders by
the state. He hasn't got a clue.
It appears to me that the markets are rigged. All games that can be
rigged will be rigged, sooner or later. The Fed, working in league
with the U.S. Government, rigs the U.S. markets. But don't think for a
second that the Fed has some kind of monopoly on a situation where
rapacity pervades honest reason. All markets are rigged. Central
bankers, the world over, are primarily involved in fleecing the people.
The fact that the Fed is the most powerful of the Central Bankers, and
that they are primarily responsible for perfecting the insidious
contrivance called inflation, has not kept the rest of Central
Bankers of the world from entering into a game of "catch up". As far
as they are concerned, there is only one motive, and that motive is
economic world domination. Which Central Bankers will dominate will
depend on which ones end up with the most. That's
just the nature of absolute corruption. That is the reason that whole
world is currently strapped with a fiat system. The ability
to create money, out of thin air, provides for absolute economic power.
Absolute power equals absolute corruption. It's as simple as that. By
rigging the markets, through various forms of intervention, the central
bankers have set up a scheme whereby the wealth of the world could be
siphoned off at will.
The reason that this fiat system has become so all pervasive in the
world is the lure of an uncapped, unending source of credit that is
availed to all governments who are willing to play the Central Banker's
game.
One instance is the game that we are playing with Iraq. Why are we not
buying our oil from Canada for $45 per barrel, but instead, stealing it
from the Iraqis at a cost of around $1,100 a barrel? Information gained
from the Energy Information Administration, (http://eia.doe.gov/)
provides this data. When the number of barrels of Iraqi oil that we have
imported is divided into the $300 billion we have spent on the war so
far, the number comes to about $1,100 per barrel. From an accountant's
standpoint, this doesn't seem like a very good deal.
According to British Petroleum's Statistical Review of World Energy 2002
Middle Eastern oil accounts for one quarter of America's imports. Iraqi
crude for less than one tenth. A back of the envelope calculation
reveals that Iraq quenches less than 6 percent of America's Black Gold
cravings. Compared to Canada (15 percent of American oil imports), or
Mexico (12 percent) - Iraq is a negligible supplier. Furthermore, the
current oil production of the USA is merely 23 percent of its 1985 peak
- about 2.4 million barrels per day, a 50-years nadir.
During the first eleven months of 2002, the United States imported an
average of 449,000 barrels per day (bbl/d) from Iraq. In January 2003,
with Venezuela in disarray, approximately 1.2 million bbl/d of Iraqi oil
went to the Americas (up from 910,000 bbl/d in December 2002 and 515,000
bbl/d in November).
It would seem that $200 billion - the costs of war and post bellum
reconstruction - would be better spent on America's domestic oil
industry. Securing the flow of Iraqi crude is simply too insignificant
to warrant such an exertion.
Admittedly, there are those that would suggest far loftier goals in Iraq
than simple petroleum exploitation. Personally, I have yet to be shown.
Who's getting the $1100 per barrel? Certainly not the Iraqis. The money
is going to Haliburton, Ratheon, Boeing, Northrop Grumman, and Lockheed
Martin, (among many others). Where is the $1100 a barrel coming from?
Why it’s coming from continuing loans to the Government by the Federal
Reserve. Where does the Federal Reserve get all this money? Why, they
invent it, (the term counterfeiting comes to mind.) Who's
responsible for paying back the billions and billions of funny money
that the Government is spending, and the interest accrued on that funny
money? Good question. If your answer is "the American People", you are
not entirely correct.
There are two groups in the U.S. that don't pay taxes. Those two groups
consist of the very poor, and the ultra rich. As a result, the middle
class has been bestowed with the sole economic responsibility of
repaying the obscene abomination known as the national debt. It's not
enough for the middle class to support those who are unable to work as
well as those who choose not to, but to also provide the a major source
of wealth that is being siphoned off by the Central Bankers and
distributed to the elitists. I believe their motives have always
stemmed from a desire to redistribute the wealth of the middle class to
the ultra rich. This is a basic ploy right out of the collectivist's
handbook. In this way they are, in the words of Omar Khayyam, attempting to "tear it down, and rebuild it in
their own image." They are preparing for the intended eminent worldwide
financial Armageddon.
In order to continue to supply the Government with more and more funny
money, the Fed has to keep creating it. Obviously, the more they create,
the more it is diluted and the less valuable it becomes. They have
positioned the U.S. dollar on a huge playground slide, placed a piece of
waxed paper under it, and let it go. Its accelerating decent has become
big news. Even the sycophantic rah-rah rooters on CNBC are talking about
it. The dollar is visiting lows not seen in almost twenty-five years.
" Bubbles" Greenspan would have us believe that this is an engineered
devaluation designed to reduce our trade deficit. Hooey. The Fed has
lost control of the dollar. Their mindless creation of credit has
insured a mind-boggling meltdown of the entire financial system. This is
not a good thing for anyone, anywhere. The dollar is the world's
reserve currency. Seventy-five percent of all dollars in existence are
in foreign hands. Whatever their value was when
those foreigners got them, that value is evaporating right before their
eyes. It's like buying ice by the pound and watching it melt away before
you have time to use it. "Joe Six Pack" doesn't seem to mind. He can
still buy a beer for $2.50 at the pub. Five years ago they were $1.25.
By the end of next year they will be $5.00.
But it’s not just the irresponsible creation of debt that has brought us
to the economic gates of hell, but also the Fed’s botched attempt to
control the markets through manipulation and intervention. Their
attempts to "play God", in an otherwise free market, have exacerbated,
skewed, and distorted market realities to such an extent that its
function has become one of dysfunction.
The turn of the century brought with it a paradigm shift in economic
policy in America. With the flight of the domestic manufacturing sector,
America’s balance of trade rapidly became extremely unbalanced. In an
attempt to keep the economy afloat, the Fed targeted the American
Consumer as a replacement for the American Producer as the chief
contributor to the U.S. economy. To insure the
American Consumer would be, at least temporarily, capable of such a
task, "Bubbles" lowered short-term interest rates to their lowest level
since 1958. This action, combined with the introduction of a
plethora of reckless mortgage products, (ARMS, interest only loans,
etc.), provided for an unprecedented number of new home purchases. Over
thirty percent of those purchases were made by lower income individuals
who had previously been unable to qualify for mortgage loans. The result
was a boom in residential construction, and all related industry.
The domestic housing market had effectively filled the void that
resulted from the flight of the manufacturing sector and, in doing so,
became a primary contributor to the American economy. That, coupled with
a wave of refinancing, spurred on by the lure of cheap credit, allowed
homeowners to bury themselves in debt. The application of this new
found cash provided borrowers the means to buy new SUVs and invest in
stocks, which effectively held up the automotive industry, as well as
helping to keep the markets inflated.
Fast forward to the present. Real unemployment
is running around 12%. Wages have been stagnant for the past four years.
Almost everyone who wanted to refinance has already done so. Their refi
money has already been spent. The automotive industry, and the housing
industry are both beginning to feel the pinch. Rising energy costs,
which are a result of a growing scarcity, as well as inflation, are
exacerbating the situation. The DOW, which has remained basically flat
over the last three years when valued in U.S. dollars, is substantially
down when valued against the Euro, the Rand, the Yen and several other
major currencies. The continuing devaluation of the dollar has
provided the DOW with the appearance of strength, at least to the
American public. More smoke and mirrors. In order to continue to lure
foreign investment, the illusion that the economy is healthy and robust
is of paramount importance. This presents a big problem
considering our economy is in the throes of a terminal illness. The Fed
is desperate to come up with a new source of support.
Enter, Social Security Reform. Now politicians are suggesting that
federal withholding revenues be redirected into the stock market. Wow!
What an idea. That should keep the markets inflated for a little while
longer. It could certainly give the Fed a new a new source of wealth
to siphon off. But wait. One of the biggest myths about Social Security
is that there is any money in the Social Security trust fund. The
fund has been systematically tapped and squandered by every
administration since its inception. It was an unconstitutional sleight
of hand to begin with. It is, and has always been a Ponzi scheme, which
depends on new workers to pay the old workers. Maybe that is why the
present administration is doing everything in its power to tear down the
borders and accommodate as many illegal aliens as possible. Maybe that's
why they're attempting to raise the age of retirement. The privatization
of Social Security is simply one more scheme to siphon off the wealth of
the middle class through commissions and fees, and keep the stock and
bond markets inflated for a little while longer. Do you see a pattern
emerging here?
What’s next? What new source of wealth will be found to target? What if
there isn't another source. How about those foreigners? How can the Fed
keep them buying treasury paper, which allows the Government to keep on
borrowing? When approached from this perspective,
we realize that keeping the bond market inflated is the primary aim of
the Central Bankers, (the Fed). To what lengths will they go
to keep the bond market inflated? What new legislation will they dream
up for their puppet politicians to pass? If it never occurred to you
that the Federal Reserve, (a private corporation), owns the U.S.
Government, please read the following statement made by Fed Governor Ben
Bernanke.
" By increasing the number of U.S. dollars in
circulation, or even by credibly threatening to do so, the U.S.
government can also reduce the value of a dollar in terms of goods and
services, which is equivalent to raising the prices in dollars of those
goods and services. We conclude that, under a paper-money system, a
determined government can always generate higher spending and hence
positive inflation.“
What in blazes is positive inflation? And why would anyone, representing
the people, want the price of goods and services to rise? Who, but a
banker could benefit from inflation. Inflation equals rising prices.
Rising prices equal more loans. More loans equal more interest. The natural evolution of man would have provided for a
continuing improvement in the standard of life for all persons, if it
wasn't for the heinous contrivance called inflation. Technology has
provided new and improved ways to produce and deliver almost everything.
Without inflation almost everything would be cheaper, or at least remain
the same price. Let me restate that last part. If it wasn't for the
Federal Reserve, everything would become cheaper, instead of more
expensive. Most people believe that inflation is a natural economic
occurrence. This is simply untrue.
Constitutional mandates insist that American currency be backed by
precious metals. Adhering to those mandates would insure inflation and
deflation would only occur if the quantity of precious metals was
significantly altered, thereby skewing the supply/demand equation.
Because of the energies necessary to locate, mine, refine, smelt and
coin precious metals, the value will always be relatively maintained.
Because of the fact that practically no energy is necessary to produce
"funny money", there is no value to begin with. Producing more of it
makes it worth less than nothing, as it becomes a liability and the
biggest threat in the world to liberty, freedom, peace and justice.
Any devaluation of American currency is a direct result of the money
that the Federal Reserve is stealing out of your pocket.
Consequently, there are other ways ... go to
part 2
1
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2
History of Banking Fraud:
The Coming Battle
By M. W. WALBERT
The Coming Battle
documents from Congressional records, newspaper reports and writings by
the founding fathers and others a chronology of events long forgotten that
shaped our fledgling nation from 1776 to 1899. Read about the manipulation
of our money and its supply, the intentional creation of recessions,
depressions and panics, manipulation of the stock markets, and the
demonetization of silver.
Secrets of the Federal Reserve
by Eustace Mullins
Eustace Mullins' carefully
researched and documented treatise picks up from Walbert's expose' of
control of the money supply and the economy and
brings it to the mid 1980's.
The
World Order
by Eustace Mullins
How control of the world's money has inexorably led to an ever tighter
grip on control of the world's people.
Brave New World
by Aldous Huxley
Huxley presents a dystopic view of a future
in which mind-control creates a harmonized society stratified into classes
suitably manipulated and deprived to carry out work tasks with a hive
mentality. A foreign element is inserted when a high ranking Alpha brings a
Native American from a Reservation and a new perspective on freedom gnaws at
the fabric of the propaganda matrix.
Propaganda
by Edward Bernays
Walter
Lippmann's book, Public Opinion, published in 1922, detailed the
study in which he and Edward Bernays were involved while in London during
the First World War. It had to do with painting pictures inside people's
heads, which were cunningly and deliberately designed by expert craftsmen to
mislead not only individuals but entire societies.
Pawns in the Game
by William Guy Carr
This is the classic expose' of the New World Order from a Commander in
the Canadian Navy through the first half of the 20th Century.
Commander Carr was introduced to the Hidden Hand early in his life and
pursuing its mysteries became a lifelong mission.
Social Credit
by CH Douglas
In every country of the world the global financial system has
repeatedly been brought to the Bar of
Public Opinion as the chief factor in world unrest, and there is little
doubt that the jury of We the People has confirmed the Verdict somewhat rhetorically
expressed by Mr. William Jennings Bryan in his famous election speech: "The
money power preys upon the nation in times of peace, and conspires against
it in times of adversity. It is more despotic than 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. It
can only be overthrown by the awakened conscience of the nation."
Social Credit by C.H. Douglas can clarify the issues from which we can
move forward to create a financial system that is fair and equitable.
Final Warning: A History of the New World Order
by
by David
Allen Rivera
David Allen Rivera has assembled a very carefully written history that
can serve us well. To have been
ignored in the history books, by the colleges and
universities, the print and electronic media, and the entire
national and international discussion shows their power to control
the flow of information as much as they control the flow of money.
What they intend to do with this power and influence should be one
of the most vital topics of conversation.
An Independent Investigation of 9-11 and its Zionist Connection
by Dr. Albert Pastore
History
provides patterns that we can learn to recognize so that we can avoid
them. Properly presented, history provides any of us with
invaluable tools to help us see behind the illusions. No one who
is paying attention to the patterns and their application to today's
events would fail to miss the signals or the dog that fails to bark.
Uranium Wars by Leuren Moret
How control of the world's people has inexorably led to wider use of
depopulation methods which include spreading radioactivity in food,
water, air, and the human genome.
Taking Back Your Power
by Allen Aslan Heart
WHAT CAN YOU DO? Stop playing THEIR game. Take back
your power. Stop paying taxes that are not legal or lawful. Stop paying
bills you don't really owe. Debt Elimination! Stop using THEIR money. There ARE ways if you
open your mind and look for the gaps in their fences that keep the sheeple
in their pasture. Are you chattel or a real person? You are the one who
makes that choice.
Our experienced
debt elimination service professionals have been
helping people with debt elimination,
tax freedom, and
credit repair for over
ten years. To contact them
click here.
Get rid of debt!
Debt Elimination is Real Freedom!
You can't have something for
nothing,
you can't have your freedom for free.
You won't get wise with the sleep still in your eyes,
no matter what your dreams might be. - Rush
ALIGN: left" left>
© 2007, Allen Aslan Heart / White Eagle Soaring of the Little Shell Pembina Band, a
Treaty
Tribe of the Ojibwe Nation.
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