Special Alert Newsletter - August 2010
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Recently we read an article, Mass Delusion — American Style, written by radio host Jim Quinn:“Based on all evidence, it seems that the American public wants to be misled. They have chosen ignorance over knowledge and understanding. They want to believe their corrupt leaders. They want to believe that things always work out in the long run. They want to believe that the economy is about to get better. They don’t want to think about unsustainable debt, unfunded liabilities, savings for retirement, or Simon Cowell leaving American Idol. Americans desperately want to be deluded into another bubble, but there are no evident bubbles left to blow. The existing American delusion is that the current fiscal path will not lead to the utter destruction of our once great Republic.”
Elsewhere in the article, we read: “The American public thinks they are rugged individualists, who come to conclusions based upon sound reason and rational thought process. The truth is that the vast majority of Americans act like a herd of cattle or a horde of lemmings. Throughout history there have been many instances of mass delusion. These include the South Sea Company bubble, Mississippi Company bubble, the Dutch Tulip bubble, and the Salem witch trials. It appears that mass delusion has replaced baseball as the national past-time in America. In the space of the last 15 years the American public have fallen for three whopper delusions: 1. Buy stocks for the long run; 2. Homes are always a great investment; 3. Globalization will benefit all Americans.”
From Mobs, Messiahs and Markets, by Bill Bonner and Lila Rajiva: “Of course, we doubt if many public prescriptions are really intended to solve problems. People certainly believe they are when they propose them. But, like so much of what goes on in a public spectacle, its favorite slogans, too, are delusional — more in the nature of placebos than propositions. People repeat them like Hail Marys because it makes them feel better. Most of our beliefs about the economy — and everything else — are of this nature. They are forms of self-medication, superstitious lip service we pay to the powers of the dark, like touching wood ... or throwing salt over your shoulder. ‘Stocks for the long run,’ ‘Globalization is good.’ We repeat slogans to ourselves, because everyone else does. It is not so much bad luck we want to avoid as being on our own. Why is it that losing your life savings should be less painful if you have lost it in the company of one million other losers? We don’t know. But mankind is first of all a herd animal and fears nothing more than not being part of the herd.”
In essence, this is a message this writer has been attempting to spread ever since our first book, Fourth Reich of the Rich, was published in July, 1976 — 34 long years ago. It could, we believe, be successfully argued that a higher percentage of Americans are “dumber” now than at any other time in our nation’s history. However, dumbness in the midst of perceived freedom and openness only serves to produce increasing layers of dumbness — and an unwillingness or inability to act and make decisions truly favorable to our own long term interests, or those of our nation. Most people don’t know, and don’t want to know the facts behind what has been happening to their dreamworld over the last 50 plus years. Instead of stopping to ask serious questions about where their nation stands and where it is inexorably headed, most wholeheartedly embrace the illusions and delusions deliberately manufactured and pawned off on them by the political spinmeisters in Washington and the mind-manipulating, myth-mongering moguls of the mass media. Many insanely believe that if they just ignore the evidence of massive problems looming in the immediate future these will miraculously disappear from the national scene.
COBWEBS OF DECEPTION
Thankfully, some people are beginning to emerge from under the cobwebs of deception that have been woven into their plastic, unsuspecting minds by those who presently hold positions of authority on the national scene. It is finally beginning to dawn on many that the highly touted “stimulus” packages they were assured would result in an “economic recovery” were in fact anything but what was advertised by Washington and New York. The multi trillion dollar bailout for this fiscal insanity was borrowed from the international bankers and their overseas partners at interest and given mostly to the very people who created the problem in the first place — the leading financial firms on Wall Street. And the top officials of these firms got multi-million dollar “bonuses” for leading the nation to the brink of extinction. The hapless taxpayers, their children, and their grandchildren are left holding the unpayable bill.
It would be extremely naive to believe that, just a couple of years ago, all the central banks of the major nations of the world accidentally and simultaneously stumbled into a series of financial “crises” that would rock the world’s financial system to its foundations. The whole sordid operation was designed to still further undermine and ultimately destroy the financial principles upon which the United States was founded, and to hasten its planned demise.
The “housing bubble” of recent decades was only made possible by the virtually unrestricted granting of credit by the major banks in cahoots with the privately-owned “Federal” Reserve System. This came to a screeching halt with millions of foreclosures nationwide and peoples’ presumed “financial security” being flushed down the toilet. The only ones who benefitted from the sordid catastrophe were the bankers (and their political clients) at the top who “sold” a naive and gullible public on the idea that everyone, regardless of their individual circumstances, “deserved” to own a home of their own. The price of houses, they were assured by the financial con artists, could only — like the old airline ad used to claim — “go up, up, and away like TWA.”
The diabolical idiocy and corrosive nature of this monumental falsehood was, of course, recognized by many. Just a couple of years ago, New York governor and former attorney general, Eliot Spitzer, felt compelled to expose the shenanigans of the financial and political charlatans responsible for what was obviously a looming catastrophe. The Washington Post, 14 February, 2008, carried an article by Spitzer: Predatory Lenders’ Partners in Crime: How the Bush Administration Stopped the States from Stepping in to Help Consumers. As was pointed out at the time, Spitzer had the year before begun making no-holds-barred statements regarding the Bush administration’s bungling of the nation’s financial affairs by covertly bailing out — with taxpayer funds — its Wall Street friends at the expense of ordinary home owners, taxpayers and citizens. In the Washington Post, Spitzer wrote: “Several years ago, state attorney generals involved in consumer protection began to notice a marked increase in the range of predatory lending practices by mortgage lenders. Some misrepresented the terms of loans, making loans without regard to consumers’ ability to repay, making loans with deceptive ‘teaser’ rates that later ballooned astronomically, packing loans with undisclosed charges and fees, or even paying illegal kickbacks. These and other practices ... were having a devastating effect on home buyers. In addition, the widespread nature of these practices, if left unchecked, threatened our financial markets.
“Even though predatory lending was becoming a national problem, the Bush Administration looked the other way and did nothing to protect American homeowners. In fact, the government chose to align itself with the banks that were victimizing customers. Predatory lending was widely understood to present a looming national crisis... Not only did the Bush administration do nothing to protect consumers, it embarked on an aggressive and unprecedented campaign to prevent states from protecting their residents from the very problems to which the federal government was turning a blind eye...
“When history tells the story of the subprime lending crisis and recounts its devastating effects on the lives of so many innocent homeowners, the Bush administration will not be judged favorably... it will be judged as a willing accomplice to the lenders who went to any lengths in their quest for profits.” In other words, the Bush administration for years deliberately ignored the flashing red lights that signaled pending economic disaster.
What was Spitzer’s “reward” for speaking out in an attempt to save millions of Americans from economic ruin? The Bush “Justice Department” exposed the fact that Spitzer had repeatedly availed himself of the dubious “services” of a high priced whore who worked for what was known as the Emperor’s Club. That yet another well-known politician got caught “whoring around” wasn’t all that newsworthy. In fact, it’s par for the course, as politics and prostitution have been called the world’s two oldest professions. Morally and politically, Washington, DC (District of Corruption) is one gigantic whorehouse. As one commentator observed, “the whole town is awash in the stench of illicit lovemaking of the political variety. The sexual variety is a close second.” What was truly significant in the Spitzer case was that, in the Emperor’s Club case, only he was “outed.” It is a known fact that, apart from Spitzer, the names and phone numbers of at least 10,000 other “very important people” were seized by authorities in the raid on the club. ABC News reported that “accommodations” were made “to keep their identification secret.” It is obvious that these “very important people” are now personally more compromised that ever. If they refuse to go along with various devious, nationally destructive programs now in the process of implementation, they can be “outed,” disgraced, and thrown out of their lucrative jobs.
As multiple millions lose their jobs, home foreclosures proliferate, personal and corporate bankruptcies spiral, many millions of illegal aliens (“undocumented democrats”) and their dependents are permitted to bankrupt social service resources nationwide, the national debt skyrockets out of control. Who ultimately benefits? The international bankers and their cohorts who own the “Federal” Reserve. This “dark crew of financial pirates which prey upon the people of these United States” (Congressman Louis T. McFadden, 1931) is in the business of loaning the federal government TRILLIONS of worthless fiat “dollars” they create out of thin air to finance fiscally insane and nationally catastrophic programs such as the various “stimulus” packages that have been spectacular only in their abject failure. But was not failure their original purpose? As the national debt (to the bankers and their overseas clients) has almost tripled over the last decade, we need to consider the staggering, almost unbelievable harvest of interest these pirates have reaped in the process. Have you ever paused to consider the interest payable on this ever-escalating debt obligation? Please note and never forget that this awesome burden and ever-expanding debt obligation has been heaped firmly and immovably on the backs of your children and grandchildren. Their fate appears little more than indentured servitude.
“URBAN RENEWAL” AMERICAN STYLE
This present unfolding tragedy is, we believe — as we have been reporting for more than three decades — a diabolical manifestation of an international banker devised “urban renewal program” aimed at the ultimate destruction of the United States and its enslavement in a worldwide feudalistic system euphemistically termed the new world order. This is the result of a compromised Congress selling out our nation’s true interests in 1913 with an abandonment of its sworn obligation to maintain a Constitutional money system (one based exclusively on silver and gold, see Article 1, Section 10). This act of treachery placed our nation’s affairs in the hands of private bankers through the creation of the “Federal” Reserve. As a result, America is doomed. We are now witnessing the results of our nation’s rejection of Thomas Jefferson’s fateful warning that if the American people ever allowed such a crime to be perpetrated there would be dire consequences. He declared that the financial pirates would ultimately “deprive the people of all property until their children wake up homeless on the continent their fathers conquered.” Or, as Abraham Lincoln warned, “the wealth [will be] aggregated in a few hands and the Republic be destroyed.” Remember, also, that Professor Carroll Quigley of Georgetown University, who was Bill Clinton’s mentor, revealed that the aim of the financial vultures is “nothing less than to create a world system of financial control in private hands able to dominate the political systems in each country, and the economy of the world as a whole. The system [will be] controlled in a feudal system...” (Tragedy and Hope, 1966, p.324).
Let’s review a few basic facts. Although there had been virtually no inflation for the previous 100 years, the “Federal” Reserve was created in 1913-14 as a private corporation (Governmental agencies are never incorporated), to allegedly stabilize the American financial system and prevent “runs” on banks. However, since that fateful date the 1913 dollar has lost 95 percent of its purchasing power and America has plummeted into a long series of financial crises that have resulted in our present deplorable situation. However, America’s real financial trouble didn’t begin to escalate until the implementation of Lyndon Johnson’s hideously misnamed Great Society, Welfare State, and War on Poverty programs in the mid-1960s.
At the conclusion of the second World War, at which time Europe and parts of Asia lay in ruins, America’s national debt was $269 Billion. Over the next few years it declined to $255 Billion, and remained under $300 Billion until the advent of the Johnson administration as a result of the assassination of JFK in 1963. As Johnson’s debt-laden Democratic/Socialist programs proliferated and the financial drain incurred by the Vietnam War skyrocketed, America headed for the financial garbage can of history. By1980, that amount more than tripled to $909 Billion due largely to further deficit spending on welfare programs and the war by the Nixon and Carter administrations. The resultant financial crisis caused gold to skyrocket briefly to $800 an ounce and silver to $52 an ounce. Only with the arrival of the Reagan administration in 1981 (with the prime interest rates at 20 percent) did the crisis abate. During the Reagan years the national debt almost tripled. When George W. Bush arrived on the scene in 2001 the national debt was $5.8 Billion. When Bush left the White House the debt had doubled.
BARACK HUSSEIN OBAMA
During his presidential campaign, Barack Hussein Obama endlessly promised “change ... change ... change” while adamantly refusing to define the meaning of that all-important term. Now, 19 months after his inauguration, he certainly has produced lots of “change” — and all of it for the worse! After all the gleeful exuberance and mindless enthusiasm about the anticipated “changes” promised by Obama, the grim reality of what has happened and is continuing to happen to them is finally sinking into what is left of the minds of the gullible and mesmerized millions who were conned into swallowing the endless empty rhetoric of Obama’s campaign. They allowed their phony “feelings” to overcome any sense of reality that might still have been present. Let the record clearly show that this AlertNewsletter and Midnight Messenger, along with a number of other publications, understood what was happening and attempted to raise the alarm. We told the truth about Obama and his selection for “greatness” by the hidden powers-that-be, two full years before he entered the Oval Office. But then, of course, very few were willing to listen.
The Obama administration is proving to be a catastrophe
beyond the belief of many. With failed policy heaped upon failed policy, and with the ANNUAL federal budget deficit soaring to an absolutely staggering $1,342,000, 000,000, the National Debt is currently approaching $13, 500,000,000,000. The annual interest (repeat, interest) on this almost unbelievable sum is being paid to the private owners of the Fed and their partners-in-crime, who created this credit out of thin air, is now estimated at $375 billion. YES, Virginia, that’s $375,000,000,000 a year in interest alone! Can your mind even begin to grasp the enormity of those figures?
What about President Obama’s personal background? For years, rumors have swirled back and forth about who he really is, and where he came from. He and his backers have thrown up a virtually impenetrable wall of secrecy around this mysterious figure, sealing off public access to his birth certificate, college records and his true religious affiliations, etc. Why?
Recently, one of our more informed contacts — an intelligence spouse — had the opportunity to speak with Muslims about Obama. She asked why the President’s wife has yet to accompany him to any Arab nation, and was informed that Obama could not go to Saudi Arabia, Turkey, or Iraq because he is a Muslim and therefore not allowed to bring his wife into countries that adhere to Sharia Law. “I thought it was interesting that two American Arabs believe our President is a Muslim, who follows a strict Muslim creed. His bowing to the King of Saud Arabia was a signal to the Muslim world, acknowledging his religion.” (The reader may remember that, in an interview with ABC’s George Stephan- opoulus, Obama referred to “my Muslim faith”).
Middle Eastern scholar, Dr. Jim Murk, explains: “An orthodox Muslim man would never take his wife on a politically oriented trip to any nation which practices Sharia law, particularly Saudi Arabia where the Wahhabi sect is dominant. This is true and it is why Obama left Michelle in Europe. She will stay at home when he visits Arab countries. He knows Muslim protocol; this includes bowing to the Saudi king. Obama is regarded as a Muslim because he was born to a Muslim father.”
“Actions speak louder than words.” declares our contact, “With Sharia law in mind, why did Obama insist that the U.S. Attorney General hold the trials of the 9/11 Muslim terrorists in civilian courts as common criminals instead of as terrorists who attacked the U.S? If the Muslim terrorists were tried in Military Tribunals, convicted and sentenced to death, by LAW Obama would be required to sign their Death Warrants. He would not be required to sign the death warrants if they are sentenced to death by a Civilian Court. Obama has stated that Muslims ‘could not and should not kill fellow Muslims.’”
The intelligence spouse concluded: “Could it be that [Obama] is forbidden by his religion to authorize the execution of Muslims? Think about that! Open your eyes, ears and mind to who the President is, how he behaves and what he is doing.”
That’s “it” for another month.