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CABAL’s CORPORATE COLONIAL MONEY SCHEME - Creation of US$ out of thin air |
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CEDOMIL VUGRINCIC, M.D., Ph.D. |
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From: http://www.teamliberty.net/id217.html January 27, 2006 – Has BUSH forgotten about
the Iranian Bourse? That is a very
good question. It would be an even better question if a reporter sitting in
the White House Press Room asked it to White House Press Secretary, Scott
McClellan. Unfortunately no member of the White House Press Corps has ever
asked this question. Why not? The rest of the world seems to think it’s
an important question, so why isn’t the mainstream media in the United States
sniffing this story out like presidential seaman on a pretty blue dress? It is a disgrace that ABC, CBS, NBC, and
Fox News are purposefully ignoring the story of the Iran Oil Bourse. It is shameful that Americans have to get
Iran Oil Bourse news from sources such as Aljazeera
and Gulf News. To understand why news
sources in the United States are not reporting on the Iran Oil Bourse
requires an understanding of how paper money is printed in the United States
and who profits from the process.
So who’s saying what, and where? Perhaps the last time a meaningful U.S.
news source has opined on the Iran Oil Bourse occurred on August 30, 2005 in
The Christian Science Monitor when it published ‘Iran’s oil gambit – and
potential affront to the US’ by Staff Writer Howard LaFranchi.[1][1] LaFranchi started
his article with the question, “Is the biggest
threat Iran poses to the United States really its nuclear ambitions – or is
it petropolitics?”
That’s another good question.
Here are key points made in the LaFranchi
article: The Iran Oil Bourse would be a
euro-denominated exchange in oil, natural gas, and other petroleum products If successful, the Iran Oil Bourse would
compete with London’s International Petroleum Exchange (IPE) and the New York
Mercantile Exchange (NYMEX) – both owned by American companies “If the billions of dollars in oil sales ever
got into euros, experts say, that could dry up the demand for dollars that
the heavily indebted US economy depends on, and could mean big trouble for
the US economy” To find additional “mainstream” media coverage
on the Iran Oil Bourse, inquiring Americans must look towards the mainstream
media outlets overseas. On January 24, 2006, Gulfnews.com published an
article titled, ‘Iran’s new bourse may threaten the dollar’, by Linda S.
Heard, Specialist Writer on Middle East Affairs to Gulf News.[2][2] Here are the key points made in the Heard
article: “In March 2006, Iran is scheduled to open its
own oil bourse that will trade in euros.
But even before it can open its doors, Iran is being accused of harbouring a clandestine weapons programme
and is being threatened with sanctions or worse” “It should also be stressed that Iran’s
moratorium on uranium enrichment negotiated with Britain, France, and
Germany, was voluntary” “A growing number of experts believe Iran’s
new oil bourse is more of a threat to US interests than nuclear missiles” “Editor and analyst Ryan McGreal
points out that America’s greatest export is currently the dollar and when
“the balance of reserve holdings starts to shift from dollars to euros,
that’s very bad news for America’s system of dollar hegemony” On January 21, 2006, Middle East News Service,
Aljazeera Publishing and Aljazeera.com,
which is not associated with the controversial Arabic Satellite Channel known
as Jazeera Space Channel TV station whose website
is Aljazeera.net, published an article titled, ‘End of the West’s economic
arrogance.’[3][3] The key
questions and points in this piece are as follows: “Has BUSH forgotten about the Iranian
Bourse? Have Europeans forgot about the Iranian oil
that will be delivered to Western Europe via pipeline?” “The Tehran government has a developed plan to
begin competing with New York’s NYMEX and London’s IPE with respect to
international oil trades…” “Tehran’s future plans pose an obvious
encroachment on U.S. dollar supremacy in the international oil market” “What we see in today’s tension between
Washington and Tehran extend beyond the publicly
stated concerns regarding Iran’s nuclear intentions. It appears similar to what happened with
Iraq before the war was launched” “Military operation against Iran relates to
the macroeconomics of ‘petrodollar recycling’ and the unpublicized but real
challenge to U.S. dollar supremacy from the euro as an alternative oil
transaction currency” On August 26, 2005, Asia Times published an
article by Toni Strata titled, ‘Killing the dollar in Iran’.[4][4] Toni Straka is a Vienna,
Austria-based independent financial analyst and portfolio manager, who worked
as a financial journalist for over 15 years and now evaluates
global market trends. He runs The Prudent Investor,
where this piece first appeared. Here
are the key points made in the Straka
article: “Until now, oil has been solely priced, traded and paid for
in the greenback on markets in both London and New York” “Especially in the
case of Iran, it does not make sense to accept dollars only for its
much-desired commodity. Given that Iran is seen as a hostile country by the
current US administration for its intention to build its own nuclear
reactors, one wonders whether the new IOB will not try to attract buyers
other than Americans. Iran has recently announced that the new oil exchange
will start up its computers in March 2006” “The oil exchange
would strive to make Iran the main hub for oil deals in the region and most
deals will be conducted via the Internet. Experts from London's International
Petroleum Exchange (IPE) and the New York Mercantile Exchange (NYMEX) have
reportedly confirmed the feasibility of the project” “Weaned off the
almighty commodity, the US dollar can have a deeper impact on the US economy
than a direct nuclear attack by Iran” “The Federal Reserve
Bank of San Francisco published a paper about the progress of the
diversification of central banks' reserves around the world. It concluded
that the dollar's position is on the decline in many countries” “Only one major
actor stands to lose from a change in the current status quo: the US, which
with less than 5% of the global population, consumes roughly one third of
global oil production” “As this development
poses a very real danger to the superior status of the greenback and the
interests of the US, the "president of war" can be expected to take
a strong line against the winds blowing from the Middle East” Each of the articles referenced above
basically make the same point – that the value of the U.S. dollar could be
threatened if oil is able to be purchased around the world with any currency
other than the U.S. dollar. In
addition to the overseas coverage of the looming threat to the U.S. dollar,
alternative U.S. news sources found on the Internet are sounding similar
alarms. So why is the Iran Oil Bourse
a non-issue for our nation’s newspapers and television news? The answer is the Federal Reserve System
and how this separate, non-federal power structure makes money out of nothing
(prints it) and loans it to the federal government at face value ($1, $5,
$10, $20, $50, $100, etc.) plus interest.
The U.S. dollar is nothing more than a piece
of printed-paper. There is no anchor
to it. No gold, no silver, nothing
whatsoever that makes it have value to anyone of us other than our faith in
its ability to be exchanged for goods and services. It is called fiat money, and the U.S.
government does not control it or print it.
The Federal Reserve does. Here are some Federal Reserve Banking Cartel
fast facts: The Federal Reserve System was enacted on
December 23, 1913 with the passage of the Federal Reserve Act of 1913 The federal government of the United States of
America owns no stock in the Federal Reserve The Federal Reserve is a tax-exempt,
for-profit corporation “Member Banks” own the Federal Reserve The “Member Banks” are private corporations Federal Reserve Notes (U.S. Dollars) are debt
notes Federal Reserve Notes are back primarily on
the Power of the US Congress to lay tax, on behalf of the Federal Reserve
Banking Cartel, on the people (you and me). When the U.S. Congress passed the Federal
Reserve Act of 1913 it transferred the power, and
its constitutional mandate to coin, issue, and regulate our country’s money
to a private corporation. Since that time, the United States of America
has borrowed every piece of so-called U.S. money in circulation today from a
private corporation, which in turn charges the federal government and the
taxpayer, face value plus interest. Therefore, under the present Federal Reserve
System our nation’s debt can never be paid off because all money in
circulation – every single penny, is borrowed. To pay off all debt in the United States of
America would result in absolutely no coin or paper money remaining in
circulation The Federal Reserve System only works if we
the people are slaves to the state of perpetual debt. Despite these fast facts, most Americans
believe that the money in their wallets is American money, and that is
exactly what the Federal Reserve Banking Cartel wants us to believe, and so
does the majority of the U.S. Congress.
Why Congress? The U.S. Congress
loves deficit spending, that’s why!
Without being able to borrow from the Federal Reserve, Congress would
not be able to be engaged in all that is wrong with Congress today. It would not be able to employee 2.5
million civilian federal employees. It
could not sustain 1174 federal agencies.
It could not pass federal mandates that basically blackmail the states
to follow suit or else risk losing federal funds that most states need just
to meet their annual budgets. Members
of Congress would have no funds available to bring home to their constituents
and no method to fund private interest groups that can ensure his or her
re-election. According to one of a very few good guys in
the U.S. Congress, Congressman Ron Paul (TX), the “Federal Reserve policies
benefit big spending politicians who use the inflated currency created by the
Fed to hide the true costs of the welfare-warfare state.”[5][5] Congressman Paul went on to say,
“Abolishing the Federal Reserve will allow Congress to reassert its
constitutional authority over monetary policy.” How many Americans believe the U.S. Congress
has not surrendered its constitutional authority over monetary policy to a
private corporation? Sadly, most have
no idea. Enter the Iran Oil Bourse. Is it possible for the President of the
United States of America or the U.S. Congress to announce that the American
people need to start preparing for a significant collapse in the U.S. economy
because the stability of the U.S. dollar will be in grave danger if enough
countries around the world dump the U.S. dollar in favor of the euro once
Iran opens the Iran Oil Bourse, without the American people demanding to know
how our currency became so vulnerable in the first place? There is no way on God’s green earth that
the federal government could make such a statement without the American
people getting awfully curious about our woeful money system. Such a statement coming out of Washington
DC could ignite widespread panic and an unavoidable demand for the truth; and
the government would no longer be able to hide the truth from the American
people. With a warning like this coming from the
federal government, Americans would run on the banks for sure, trying to
withdrawal all their cash, and when they did, the people would quickly
discover that only five percent of a bank’s deposits would be available for
withdrawal. The banks simply do not
have the people’s money on hand. How
could the banks have all deposits available for withdrawal when forty-percent
of all U.S. (cartel) currency is held by other countries? This is the real threat to the federal government
and the Federal Reserve Banking Cartel that both fear. So much so, that they will commit our sons
and daughters to fight and die in wars, even under false pretenses, if that’s
what it takes to prevent you and me from breaking the shackles that bind us
and our labor as collateral to the private corporations that make up the
Federal Reserve Banking Cartel. So what
about the mainstream media in the United States? What is its role in this scandal that has
censored the free press in regards to the Iran Oil Bourse? The media needs to be involved in the
cover-up. How could they not be? They are reporting the ‘nuclear threat Iran
poses to the U.S.’ story like it’s gospel. Few indeed are the editorial pages around
the country that are balking at the Iranian hardliner rhetoric coming out of
the White House. Even overtly liberal
presses are spreading the ‘Iranian weapons of nuclear destruction’ line. Why?
How does the mainstream media fit into a syndicate designed to prevent
the average, hardworking, taxpaying American from understanding the authentic
source and meaning of the Federal Reserve Banking Cartel? That’s fairly simple. The Federal Reserve Banking Cartel members
own a significant portion / shares of the mainstream media – that’s why. If researched enough, this fact is not
difficult to prove. Thankfully, there
is a shortcut to this truth. It is called the Council on Foreign Relations
(CFR). The CFR is another non-federal
government entity that some say actually governs the United States. There is ample evidence to substantiate
that allegation also, but such an examination here would be a
distraction. Instead, the focus needs
to center on the current list of the CFR Board of Directors. It should be pointed out that nearly every
single member of the CFR directly prospers from the Federal Reserve
System. Here the list. Council on
Foreign Relations - Board of Directors [Accessed January 25, 2006]: MONEY - Peter G. Peterson -- Chairman;
Senior Chairman and Co-Founder, The Blackstone Group MONEY - Carla A. Hills -- Vice
Chairman; Chairman and Chief Executive Officer, Hills & Company MONEY - Robert E. Rubin -- Vice
Chairman; Director/Chairman of the Executive Committee, Citigroup, Inc. Richard N. Haass
– President; Former State Department Director of
Policy Planning and lead U.S. official on Afghanistan and Northern Ireland
(2001-2003), and principal Middle East advisor to President George H.W. Bush
(1989-1993). MONEY - Peter Ackerman -- Managing
Director, Rockport Capital, Inc. Fouad Ajami -- M.
Khadduri Prof. of Middle Eastern Studies, Paul H. Nitze School of Advanced
International Studies, Johns Hopkins University MONEY - Madeleine K. Albright -- Principal,
The Albright Group LLC LAWYERS - Charlene Barshefsky -- Senior
International Partner, Wilmer Cutler Pickering Hale and Dorr LLP MEDIA - Jeffrey Bewkes -- President
and Chief Operating Officer, Time Warner, Inc. Henry S. Bienen
-- President, Northwestern University Stephen W.
Bosworth -- Dean, The Fletcher School, Tufts
University MEDIA - Tom Brokaw -- NBC News MEDIA - Lee Cullum -- Columnist,
Dallas Morning News LOBBYIST - Kenneth M. Duberstein -- Chairman
and CEO, The Duberstein Group, Inc. MONEY - Martin S. Feldstein -- President,
National Bureau of Economic Research MONEY - Richard N. Foster -- Managing
Partner, Foster Health Partners, LLC Helene D. Gayle
-- Director, HIV, TB & Reproductive Health,
Bill & Melinda Gates Foundation MONEY - Maurice R. Greenberg -- Chairman
& CEO, C.V. Starr & Co., Inc. MONEY - Richard C. Holbrooke --Vice
Chairman, Perseus LLC MEDIA - Karen Elliott House -- Publisher,
Wall Street Journal MONEY - Michael H. Moskow -- President,
Federal Reserve Bank of Chicago Joseph S. Nye,
Jr. -- Distinguished Service Professor, John F.
Kennedy School of Government, Harvard University LAWYERS Ronald L. Olson -- Senior
Partner, Munger Tolles and Olson LLP Thomas R.
Pickering -- Senior Vice President for
International Relations, The Boeing Company MONEY - David M. Rubenstein -- Co-Founder
and Managing Director, The Carlyle Group MONEY - Richard E. Salomon -- Chairman,
Mecox Ventures, Inc. Anne-Marie
Slaughter -- Dean, Woodrow Wilson School of Public
and International Affairs, Princeton University Joan E. Spero -- President,
Doris Duke Charitable Foundation Laura D'Andrea
Tyson -- Dean, London Business School MEDIA Vin Weber -- Partner,
Clark & Weinstock MEDIA - Fareed Zakaria -- Editor,
Newsweek International Officers and Directors Emeriti: As you just read, the Board of Directors of the
CFR is a tapestry of bankers and media types with a few social intellectuals,
institutions, and a defense contractor stitched into the fabric of this farce
just for good measure. What the CFR
has actually accomplished to favorably influence foreign policy, after all,
it calls itself a foreign relations think tank, is not immediately
apparent. What is obvious though is
that the reason the mainstream media is not reporting on the Iran Oil Bourse
is because they are partially owned, or part of the syndicate which cannot
afford for the American people to know the truth about their money. To allow the people to know the truth is to
provoke we the people to rise up and demand the immediate abolishment of the
Federal Reserve Act of 1913 and the reclamation / return of our currency to a
gold / silver anchor; consequently ending the wealth confiscating scheme of
the Federal Reserve and Federal Income Tax structure, once and for all. This, my friends is the reason why the
syndicate suspects are not talking about, or reporting on the Iran Oil
Bourse. If confronted, they will deny
or attempt to minimize / discredit these allegations. This should come as no surprise. If the suspects involved are good at
anything, they’ve proved it is lying to the American people and the
world. So what do we do, now knowing what we now
know? We must spread the word and
relentlessly demand that our local newspapers cover this story for all that
it is worth, for if we do not, wars and rumors of wars will persist at our
expense. Americans must demand that
2006 candidates for U.S. Congress pledge to abolish the Federal Reserve
System if elected or re-elected. We
also need to reconcile our votes for Democratic and Republican Party
candidates against the fact that the only political party in the United
States of America that has made the abolishment of the Federal Reserve System
part of its Party’s Platform is the Libertarian Party. To vote for the problem while expecting a
solution is to be part of the problem.
Think about it. The immediate
security and stability of the United States is in your hands. Will you continue to rollover for the
Federal Reserve Banking Cartel, or will you now rise up? It’s time for We the
People to awaken, rise, and take back our currency and country. |
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