PLANNING FOR ECONOMIC COLLAPSE WHEN SOMEONE LOSES, SOMEONE ELSE GAINS!
By: Albert V. Burns
Because of the machinations of the Insiders, in 1933, Americans were no longer allowed to own gold. The government confiscated ALL gold from individuals and companies and invalidated the "gold redemption" clauses in all obligations whether governmental or private. After the government had taken all the gold, President Roosevelt arrogantly raised the price of gold from $20 an ounce to $35 per ounce. This gave the government an immediate calculated profit of at least $2.8 billion.
Note that while the U.S. could easily force Americans to accept the new fiat money or go to jail, it had NO such power over foreigners. It could not force them to accept junk money in international trade. Therefore, the foreigners could do what Americans were forbidden to do: redeem the new paper money for gold! Americans, to this day cannot do so, but foreigners CAN!
Now that the insiders had a firm control over the economy, in October 1942, they had the War Production Board issue Order No. L-208. This outrageous piece of governmental tyranny, made it illegal for gold miners in this country to get gold mining equipment which they had already ordered, or which they might order in the future. Further, it made owners of existing gold mines subject to a $10,000 fine and possible prison terms if they used the gold mining equipment they already owned. It should come as no surprise that this brought gold mining in this country to an immediate halt.
While Americans at the time, and even today, were unaware of what was happening, much of this idle gold mining equipment was then shipped off to Russia! Major George Racey Jordan, in his book "From Major Jordan’s Diaries" documented the shipment of $66 million worth of gold mining equipment to Russia through the terminal at Great Falls, Montana. This went by air. How much might have been shipped by sea he had no way of knowing.
While the WPB Order #L-208 was issued by Donald Nelson, Chairman of the WPB, it was actually written by Harry Dexter White, later proved by the FBI to be a Communist agent. During the war years, according to Dan Smoot, in his book, "The Invisible Government, pg. 36, "Harry Dexter White virtually ran the U.S. Treasury Dept. under Presidents Roosevelt and Truman."
Even after White had been exposed as a Communist, our government leaders did NOTHING to reverse the policies, which he had instituted. In fact, just before he left office, on January 14, 1961 President Eisenhower issued an Executive Order making it illegal for Americans to even own gold overseas! Some astute Americans, looking at the disastrous inflationary policy of their government had started to buy gold overseas and store it in foreign banks. Such real wealth tends to make people independent. This the Insiders could not allow.
The inflation, which the government now embarked on, was (and is) an invisible tax on the American people. They DO know what they are doing. John Maynard Keynes, in his book, "Economic Consequences of the Peace," wrote: "Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.... Lenin certainly was right."
Let’s return to the "boom and bust" of the 1920s. Up until 1921, the Insiders had been buying up the stocks of American corporations at the going LOW prices of that time. Once the Fed started inflating the money supply, they started up the propaganda machine: "Buy Stocks!", "Everyone is getting rich in the market!", "No one is losing money, and this is the way to get rich!" In addition, the American people began to buy the story AND buy stocks. Gradually at first and then at a breakneck pace, the prices of stocks went skyrocketing upward. And the Insiders now sold the stocks they had bought cheaply to these new sheep that were demanding to be sheared.
People became obsessed. They were mortgaging their homes, insurance policies, farms, etc. to get money in order to get "their share" of the new Bonanza. This went on until June of 1929, and then the Insiders quietly began to get completely out of the market so that when the Crash of ‘29 occurred their funds were safe.
Suddenly there was total panic! People were trying to sell their shares of stock at ANY price. Naturally, this drove the market down even faster. The history books about the Crash tell us that EVERYONE was losing money in the market!
Psssssst! Come here! Lean over so that I can whisper in your ear. This is top secret information which stock brokers never tell their clients and which economics professors somehow fail to teach their students. Are you ready for this? The dirty little secret is that whenever someone LOSES money in the stock market, SOMEONE ELSE GAINS money! Somehow, people never seem to think of this.
Those in the know, who had sold out at or near the peak now started to buy up the stock which people, were willing to sell for pennies on the dollar. People were being wiped out financially, losing their homes, businesses, farms, etc. It was really a tough time to be an American.
With the election of Roosevelt in 1932, Americans looked for things to improve. One of the early moves of the Roosevelt administration was to ram the National Recovery Act, the NRA through a subservient Congress. This gem of legislative sleight of hand said, in essence, that the reason factories were closing and throwing people out of work was that the businesses were not making enough money. Therefore, the law said that the makers of any given product had to RAISE their prices and could not sell that product below a new HIGHER price dictated by the government. Thus, the producers would make more money, factories would stay open and people would have jobs. What a glorious solution to the country’s economic problems!
Aaaaah, but wait! My little grey cells tell me that there is a flaw in that scheme. If people are out of work, they don’t have much money to spend. If you raise the price of goods are they going to buy more or less? Aha! In addition, if they buy less are more factories going to be open or closed? Aha, again! And if factories are closed are they going to be more expensive or cheaper to buy? Aha, a third time! It was not a National Recovery Plan; it was a NO recovery plan.
The Insiders had vast amounts of money in the banks from selling in the rising market and buying in the falling market. However, money in the bank is not “working.” What better use for that money than to buy up all these factories which were now sitting idle and were very inexpensive to buy.
People have been sold the idea the Roosevelt brought the country out of the Depression. However, the cold fact of the matter is that the economy was as bad and as many people were out of work in 1938 as had been at the time Roosevelt was inaugurated. During the period of 1932 to 1938, there was a MASSIVE transfer of ownership of factories, homes, farms, etc. from the hands of the original owners over to ownership by a relatively small number of extremely wealthy cartels.
In addition, if you believe that this all came about accidentally, I have a bridge in Brooklyn, NY that I would like to sell to you! Alternatively, maybe I could get you to invest in a plan I have to cure the water shortage in Arizona by shipping in dehydrated water from the coast. Just imagine how much dehydrated water you can get into a tank car. Why the shipping cost would be virtually nothing at all! Alternatively, if you don’t like of those ideas, perhaps you would like to put your money into a plan I have to hook onto the top of many of the dry oil wells, which have been drilled over the years. We will pull the holes up out of the ground, cut them into suitable lengths and sell them as prefabricated postholes. In fact, we could sell fence posts already IN their own holes. Think of the savings in shipping: if we are shipping 8 foot posts with 2 feet already in the hole, the effective shipping length would be only 6 feet and we could get 33% more posts onto a truck. Listen to me and you could make a fortune!!! Well, one of us would!
Damn, I missed my calling; I should have been a New Dealer. I was around back then!
(I am indebted to Dan Smoot, the late Gary Allen and to Doctor Stuart Crane for much of the information put together above. I take total responsibility for the investment ideas at the end.)
Thursday, November 23, 2006
Planning for Economic Collapse when someone loses, someone else gains
PLANNING FOR ECONOMIC COLLAPSE WHEN SOMEONE LOSES, SOMEONE ELSE GAINS!
By: Albert V. Burns
Because of the machinations of the Insiders, in 1933, Americans were no longer allowed to own gold. The government confiscated ALL gold from individuals and companies and invalidated the "gold redemption" clauses in all obligations whether governmental or private. After the government had taken all the gold, President Roosevelt arrogantly raised the price of gold from $20 an ounce to $35 per ounce. This gave the government an immediate calculated profit of at least $2.8 billion.
Note that while the U.S. could easily force Americans to accept the new fiat money or go to jail, it had NO such power over foreigners. It could not force them to accept junk money in international trade. Therefore, the foreigners could do what Americans were forbidden to do: redeem the new paper money for gold! Americans, to this day cannot do so, but foreigners CAN!
Now that the insiders had a firm control over the economy, in October 1942, they had the War Production Board issue Order No. L-208. This outrageous piece of governmental tyranny, made it illegal for gold miners in this country to get gold mining equipment which they had already ordered, or which they might order in the future. Further, it made owners of existing gold mines subject to a $10,000 fine and possible prison terms if they used the gold mining equipment they already owned. It should come as no surprise that this brought gold mining in this country to an immediate halt.
While Americans at the time, and even today, were unaware of what was happening, much of this idle gold mining equipment was then shipped off to Russia! Major George Racey Jordan, in his book "From Major Jordan’s Diaries" documented the shipment of $66 million worth of gold mining equipment to Russia through the terminal at Great Falls, Montana. This went by air. How much might have been shipped by sea he had no way of knowing.
While the WPB Order #L-208 was issued by Donald Nelson, Chairman of the WPB, it was actually written by Harry Dexter White, later proved by the FBI to be a Communist agent. During the war years, according to Dan Smoot, in his book, "The Invisible Government, pg. 36, "Harry Dexter White virtually ran the U.S. Treasury Dept. under Presidents Roosevelt and Truman."
Even after White had been exposed as a Communist, our government leaders did NOTHING to reverse the policies, which he had instituted. In fact, just before he left office, on January 14, 1961 President Eisenhower issued an Executive Order making it illegal for Americans to even own gold overseas! Some astute Americans, looking at the disastrous inflationary policy of their government had started to buy gold overseas and store it in foreign banks. Such real wealth tends to make people independent. This the Insiders could not allow.
The inflation, which the government now embarked on, was (and is) an invisible tax on the American people. They DO know what they are doing. John Maynard Keynes, in his book, "Economic Consequences of the Peace," wrote: "Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.... Lenin certainly was right."
Let’s return to the "boom and bust" of the 1920s. Up until 1921, the Insiders had been buying up the stocks of American corporations at the going LOW prices of that time. Once the Fed started inflating the money supply, they started up the propaganda machine: "Buy Stocks!", "Everyone is getting rich in the market!", "No one is losing money, and this is the way to get rich!" In addition, the American people began to buy the story AND buy stocks. Gradually at first and then at a breakneck pace, the prices of stocks went skyrocketing upward. And the Insiders now sold the stocks they had bought cheaply to these new sheep that were demanding to be sheared.
People became obsessed. They were mortgaging their homes, insurance policies, farms, etc. to get money in order to get "their share" of the new Bonanza. This went on until June of 1929, and then the Insiders quietly began to get completely out of the market so that when the Crash of ‘29 occurred their funds were safe.
Suddenly there was total panic! People were trying to sell their shares of stock at ANY price. Naturally, this drove the market down even faster. The history books about the Crash tell us that EVERYONE was losing money in the market!
Psssssst! Come here! Lean over so that I can whisper in your ear. This is top secret information which stock brokers never tell their clients and which economics professors somehow fail to teach their students. Are you ready for this? The dirty little secret is that whenever someone LOSES money in the stock market, SOMEONE ELSE GAINS money! Somehow, people never seem to think of this.
Those in the know, who had sold out at or near the peak now started to buy up the stock which people, were willing to sell for pennies on the dollar. People were being wiped out financially, losing their homes, businesses, farms, etc. It was really a tough time to be an American.
With the election of Roosevelt in 1932, Americans looked for things to improve. One of the early moves of the Roosevelt administration was to ram the National Recovery Act, the NRA through a subservient Congress. This gem of legislative sleight of hand said, in essence, that the reason factories were closing and throwing people out of work was that the businesses were not making enough money. Therefore, the law said that the makers of any given product had to RAISE their prices and could not sell that product below a new HIGHER price dictated by the government. Thus, the producers would make more money, factories would stay open and people would have jobs. What a glorious solution to the country’s economic problems!
Aaaaah, but wait! My little grey cells tell me that there is a flaw in that scheme. If people are out of work, they don’t have much money to spend. If you raise the price of goods are they going to buy more or less? Aha! In addition, if they buy less are more factories going to be open or closed? Aha, again! And if factories are closed are they going to be more expensive or cheaper to buy? Aha, a third time! It was not a National Recovery Plan; it was a NO recovery plan.
The Insiders had vast amounts of money in the banks from selling in the rising market and buying in the falling market. However, money in the bank is not “working.” What better use for that money than to buy up all these factories which were now sitting idle and were very inexpensive to buy.
People have been sold the idea the Roosevelt brought the country out of the Depression. However, the cold fact of the matter is that the economy was as bad and as many people were out of work in 1938 as had been at the time Roosevelt was inaugurated. During the period of 1932 to 1938, there was a MASSIVE transfer of ownership of factories, homes, farms, etc. from the hands of the original owners over to ownership by a relatively small number of extremely wealthy cartels.
In addition, if you believe that this all came about accidentally, I have a bridge in Brooklyn, NY that I would like to sell to you! Alternatively, maybe I could get you to invest in a plan I have to cure the water shortage in Arizona by shipping in dehydrated water from the coast. Just imagine how much dehydrated water you can get into a tank car. Why the shipping cost would be virtually nothing at all! Alternatively, if you don’t like of those ideas, perhaps you would like to put your money into a plan I have to hook onto the top of many of the dry oil wells, which have been drilled over the years. We will pull the holes up out of the ground, cut them into suitable lengths and sell them as prefabricated postholes. In fact, we could sell fence posts already IN their own holes. Think of the savings in shipping: if we are shipping 8 foot posts with 2 feet already in the hole, the effective shipping length would be only 6 feet and we could get 33% more posts onto a truck. Listen to me and you could make a fortune!!! Well, one of us would!
Damn, I missed my calling; I should have been a New Dealer. I was around back then!
(I am indebted to Dan Smoot, the late Gary Allen and to Doctor Stuart Crane for much of the information put together above. I take total responsibility for the investment ideas at the end.)
By: Albert V. Burns
Because of the machinations of the Insiders, in 1933, Americans were no longer allowed to own gold. The government confiscated ALL gold from individuals and companies and invalidated the "gold redemption" clauses in all obligations whether governmental or private. After the government had taken all the gold, President Roosevelt arrogantly raised the price of gold from $20 an ounce to $35 per ounce. This gave the government an immediate calculated profit of at least $2.8 billion.
Note that while the U.S. could easily force Americans to accept the new fiat money or go to jail, it had NO such power over foreigners. It could not force them to accept junk money in international trade. Therefore, the foreigners could do what Americans were forbidden to do: redeem the new paper money for gold! Americans, to this day cannot do so, but foreigners CAN!
Now that the insiders had a firm control over the economy, in October 1942, they had the War Production Board issue Order No. L-208. This outrageous piece of governmental tyranny, made it illegal for gold miners in this country to get gold mining equipment which they had already ordered, or which they might order in the future. Further, it made owners of existing gold mines subject to a $10,000 fine and possible prison terms if they used the gold mining equipment they already owned. It should come as no surprise that this brought gold mining in this country to an immediate halt.
While Americans at the time, and even today, were unaware of what was happening, much of this idle gold mining equipment was then shipped off to Russia! Major George Racey Jordan, in his book "From Major Jordan’s Diaries" documented the shipment of $66 million worth of gold mining equipment to Russia through the terminal at Great Falls, Montana. This went by air. How much might have been shipped by sea he had no way of knowing.
While the WPB Order #L-208 was issued by Donald Nelson, Chairman of the WPB, it was actually written by Harry Dexter White, later proved by the FBI to be a Communist agent. During the war years, according to Dan Smoot, in his book, "The Invisible Government, pg. 36, "Harry Dexter White virtually ran the U.S. Treasury Dept. under Presidents Roosevelt and Truman."
Even after White had been exposed as a Communist, our government leaders did NOTHING to reverse the policies, which he had instituted. In fact, just before he left office, on January 14, 1961 President Eisenhower issued an Executive Order making it illegal for Americans to even own gold overseas! Some astute Americans, looking at the disastrous inflationary policy of their government had started to buy gold overseas and store it in foreign banks. Such real wealth tends to make people independent. This the Insiders could not allow.
The inflation, which the government now embarked on, was (and is) an invisible tax on the American people. They DO know what they are doing. John Maynard Keynes, in his book, "Economic Consequences of the Peace," wrote: "Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.... Lenin certainly was right."
Let’s return to the "boom and bust" of the 1920s. Up until 1921, the Insiders had been buying up the stocks of American corporations at the going LOW prices of that time. Once the Fed started inflating the money supply, they started up the propaganda machine: "Buy Stocks!", "Everyone is getting rich in the market!", "No one is losing money, and this is the way to get rich!" In addition, the American people began to buy the story AND buy stocks. Gradually at first and then at a breakneck pace, the prices of stocks went skyrocketing upward. And the Insiders now sold the stocks they had bought cheaply to these new sheep that were demanding to be sheared.
People became obsessed. They were mortgaging their homes, insurance policies, farms, etc. to get money in order to get "their share" of the new Bonanza. This went on until June of 1929, and then the Insiders quietly began to get completely out of the market so that when the Crash of ‘29 occurred their funds were safe.
Suddenly there was total panic! People were trying to sell their shares of stock at ANY price. Naturally, this drove the market down even faster. The history books about the Crash tell us that EVERYONE was losing money in the market!
Psssssst! Come here! Lean over so that I can whisper in your ear. This is top secret information which stock brokers never tell their clients and which economics professors somehow fail to teach their students. Are you ready for this? The dirty little secret is that whenever someone LOSES money in the stock market, SOMEONE ELSE GAINS money! Somehow, people never seem to think of this.
Those in the know, who had sold out at or near the peak now started to buy up the stock which people, were willing to sell for pennies on the dollar. People were being wiped out financially, losing their homes, businesses, farms, etc. It was really a tough time to be an American.
With the election of Roosevelt in 1932, Americans looked for things to improve. One of the early moves of the Roosevelt administration was to ram the National Recovery Act, the NRA through a subservient Congress. This gem of legislative sleight of hand said, in essence, that the reason factories were closing and throwing people out of work was that the businesses were not making enough money. Therefore, the law said that the makers of any given product had to RAISE their prices and could not sell that product below a new HIGHER price dictated by the government. Thus, the producers would make more money, factories would stay open and people would have jobs. What a glorious solution to the country’s economic problems!
Aaaaah, but wait! My little grey cells tell me that there is a flaw in that scheme. If people are out of work, they don’t have much money to spend. If you raise the price of goods are they going to buy more or less? Aha! In addition, if they buy less are more factories going to be open or closed? Aha, again! And if factories are closed are they going to be more expensive or cheaper to buy? Aha, a third time! It was not a National Recovery Plan; it was a NO recovery plan.
The Insiders had vast amounts of money in the banks from selling in the rising market and buying in the falling market. However, money in the bank is not “working.” What better use for that money than to buy up all these factories which were now sitting idle and were very inexpensive to buy.
People have been sold the idea the Roosevelt brought the country out of the Depression. However, the cold fact of the matter is that the economy was as bad and as many people were out of work in 1938 as had been at the time Roosevelt was inaugurated. During the period of 1932 to 1938, there was a MASSIVE transfer of ownership of factories, homes, farms, etc. from the hands of the original owners over to ownership by a relatively small number of extremely wealthy cartels.
In addition, if you believe that this all came about accidentally, I have a bridge in Brooklyn, NY that I would like to sell to you! Alternatively, maybe I could get you to invest in a plan I have to cure the water shortage in Arizona by shipping in dehydrated water from the coast. Just imagine how much dehydrated water you can get into a tank car. Why the shipping cost would be virtually nothing at all! Alternatively, if you don’t like of those ideas, perhaps you would like to put your money into a plan I have to hook onto the top of many of the dry oil wells, which have been drilled over the years. We will pull the holes up out of the ground, cut them into suitable lengths and sell them as prefabricated postholes. In fact, we could sell fence posts already IN their own holes. Think of the savings in shipping: if we are shipping 8 foot posts with 2 feet already in the hole, the effective shipping length would be only 6 feet and we could get 33% more posts onto a truck. Listen to me and you could make a fortune!!! Well, one of us would!
Damn, I missed my calling; I should have been a New Dealer. I was around back then!
(I am indebted to Dan Smoot, the late Gary Allen and to Doctor Stuart Crane for much of the information put together above. I take total responsibility for the investment ideas at the end.)
Planning for Economic Collapse The inside attack on our Prosperity
By: Albert V. Burns
As we approach the New Year, more and more of our friends and neighbours, relatives and casual acquaintances are finding themselves working harder and harder just to keep food on the table, the mortgage and car payments made, health insurance up to date, etc. Tragically, there are rapidly increasing numbers of people, individuals and families, who are no longer able to even take care of these minimum requirements. As the demands on the various soup kitchens, food banks, homeless shelters are escalating rapidly; the ability of the average person to donate to these charities is decreasing at an equal or greater rate. In what was once the richest country on earth, where the people had the highest standard of living ever known, we are seeing that prosperity decreasing at an ever increasing rate. In order to even stay in business, let alone make a decent profit, companies are being forced to "down size", to "streamline their operations" or whatever other term can be dreamed up to disguise the cold hard facts of what has been done (and is being done) to the economy of this nation.
Over the next few weeks, we will be taking a long hard look at the manner in which the attack on our prosperity has taken place and consider some of the reasons why it was deemed necessary to produce virtual economic collapse in this country. Note that those words "attack" and "produce" are both active verbs meaning that there was deliberate planning and intent on the part of a group, a very small group, of people who are intent on ruling the world, the "Insiders" spoken of in "None Dare Call It Conspiracy." As former Secretary of Agriculture Ezra Taft Benson put it, "There is no conspiracy theory, it is a conspiracy fact." We will be examining how the attack took place and what it has meant to us.
I would guess that not one reader in a thousand, of the Provo, Utah "Herald," noticed the little two paragraph item on Page A-4 of that paper on Christmas day. In addition, of those who noticed it, far fewer were able to realize its importance.
The item bore the headline: "Treasury: Up Debt Limit." It went on to state that the Treasury is telling Congress that it must RAISE the debt limit of this nation BEFORE the end of February 2003 or this nation will default on our national debt! The last line of the second paragraph stated: "The debt limit now stands at $6.4 trillion."
$6.4 TRILLION dollars! Such a figure is very incomprehensible to someone who is trying to economically survive on a day-to-day basis.
Assuming you were living on the day that Christ was born and were still living today, if you had started spending $100 per second, $6085 per minute, $365,114 per hour, or $8,762,000 per DAY, when his birth took place and had spent that amount each and every day, 365 days a year, for the 2000+ YEARS since then, today you would STILL not have expended $6.4 TRILLION dollars!!! And, NOTE, that $6.4 trillion is NOT the total which our government has spent— it is simply the SURPLUS which the government wasted in EXCESS of all its other income, excise taxes, income taxes, tariffs, etc. Note further that the vast majority of that national debt has been run up during the past 12 to 16 years!
Are the Representatives and Senators in Washington too stupid to realize that they are spending this country into bankruptcy? I seriously doubt it. Is it just that they don't care as long as they can remain in office? In many cases, I am sure that this is the motivation. However, a hard core is determined to see that this country is brought to its knees. Radical statement? It certainly is but the proof abounds that it is TRUE!
To close, just to give you a sample of the information available to anyone willing to face the truth, allow me to quote from a statement made by Pres. John F. Kennedy in an important speech he made in September, 1963 to the directors and members of the International Monetary Fund in Washington, D.C. Kennedy stated in part: "Twenty years ago, when the architects of these institutions [International Monetary organizations] met to design an international banking structure, the economic life of the world was overwhelmingly, even to an alarming measure on the U.S. The United States had the only open capital in the world apart from that of Switzerland. Sixty percent of the gold reserves of the world were here in the United States.... There was a need for redistribution of the financial resources of the world.... This has come about. It did not come about by chance, but by conscious and deliberate and responsible planning." (New York Times, December 1, 1963.) (Emphasis added.)
For an American president to brag that other nations had been made rich and strong by deliberately weakening his own nation may come as a shock to some of you readers. In point of fact, in slightly more than twenty years, this nation had been reduced from where we OWNED sixty percent of the gold in the world to a condition when, at that time, we OWED foreign nations THREE TIMES AS MUCH GOLD AS WE STILL POSSESSED! The situation has been made vastly worse since then. And our government, whether dominated by Republicans or Democrats, is STILL sending BILLIONS of dollars of foreign aid all over the world — billions which they borrow to add to our national debt. Moreover, it is all being done deliberately!
As we approach the New Year, more and more of our friends and neighbours, relatives and casual acquaintances are finding themselves working harder and harder just to keep food on the table, the mortgage and car payments made, health insurance up to date, etc. Tragically, there are rapidly increasing numbers of people, individuals and families, who are no longer able to even take care of these minimum requirements. As the demands on the various soup kitchens, food banks, homeless shelters are escalating rapidly; the ability of the average person to donate to these charities is decreasing at an equal or greater rate. In what was once the richest country on earth, where the people had the highest standard of living ever known, we are seeing that prosperity decreasing at an ever increasing rate. In order to even stay in business, let alone make a decent profit, companies are being forced to "down size", to "streamline their operations" or whatever other term can be dreamed up to disguise the cold hard facts of what has been done (and is being done) to the economy of this nation.
Over the next few weeks, we will be taking a long hard look at the manner in which the attack on our prosperity has taken place and consider some of the reasons why it was deemed necessary to produce virtual economic collapse in this country. Note that those words "attack" and "produce" are both active verbs meaning that there was deliberate planning and intent on the part of a group, a very small group, of people who are intent on ruling the world, the "Insiders" spoken of in "None Dare Call It Conspiracy." As former Secretary of Agriculture Ezra Taft Benson put it, "There is no conspiracy theory, it is a conspiracy fact." We will be examining how the attack took place and what it has meant to us.
I would guess that not one reader in a thousand, of the Provo, Utah "Herald," noticed the little two paragraph item on Page A-4 of that paper on Christmas day. In addition, of those who noticed it, far fewer were able to realize its importance.
The item bore the headline: "Treasury: Up Debt Limit." It went on to state that the Treasury is telling Congress that it must RAISE the debt limit of this nation BEFORE the end of February 2003 or this nation will default on our national debt! The last line of the second paragraph stated: "The debt limit now stands at $6.4 trillion."
$6.4 TRILLION dollars! Such a figure is very incomprehensible to someone who is trying to economically survive on a day-to-day basis.
Assuming you were living on the day that Christ was born and were still living today, if you had started spending $100 per second, $6085 per minute, $365,114 per hour, or $8,762,000 per DAY, when his birth took place and had spent that amount each and every day, 365 days a year, for the 2000+ YEARS since then, today you would STILL not have expended $6.4 TRILLION dollars!!! And, NOTE, that $6.4 trillion is NOT the total which our government has spent— it is simply the SURPLUS which the government wasted in EXCESS of all its other income, excise taxes, income taxes, tariffs, etc. Note further that the vast majority of that national debt has been run up during the past 12 to 16 years!
Are the Representatives and Senators in Washington too stupid to realize that they are spending this country into bankruptcy? I seriously doubt it. Is it just that they don't care as long as they can remain in office? In many cases, I am sure that this is the motivation. However, a hard core is determined to see that this country is brought to its knees. Radical statement? It certainly is but the proof abounds that it is TRUE!
To close, just to give you a sample of the information available to anyone willing to face the truth, allow me to quote from a statement made by Pres. John F. Kennedy in an important speech he made in September, 1963 to the directors and members of the International Monetary Fund in Washington, D.C. Kennedy stated in part: "Twenty years ago, when the architects of these institutions [International Monetary organizations] met to design an international banking structure, the economic life of the world was overwhelmingly, even to an alarming measure on the U.S. The United States had the only open capital in the world apart from that of Switzerland. Sixty percent of the gold reserves of the world were here in the United States.... There was a need for redistribution of the financial resources of the world.... This has come about. It did not come about by chance, but by conscious and deliberate and responsible planning." (New York Times, December 1, 1963.) (Emphasis added.)
For an American president to brag that other nations had been made rich and strong by deliberately weakening his own nation may come as a shock to some of you readers. In point of fact, in slightly more than twenty years, this nation had been reduced from where we OWNED sixty percent of the gold in the world to a condition when, at that time, we OWED foreign nations THREE TIMES AS MUCH GOLD AS WE STILL POSSESSED! The situation has been made vastly worse since then. And our government, whether dominated by Republicans or Democrats, is STILL sending BILLIONS of dollars of foreign aid all over the world — billions which they borrow to add to our national debt. Moreover, it is all being done deliberately!
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