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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Earlie who wrote (113537)7/19/2001 5:48:33 PM
From: Ilaine  Read Replies (1) of 436258
 
Earlie - re: GATA - I think they are talking about the Exchange Stabilization Fund ("ESF"). Ran across a couple of things about the ESF yesterday - sorry, no smoking guns.

Message 16095897

P.S. what will really curl those hairs is the fact that the ESF was created using funds that the US got from devaluing its gold from $20.67 to $35 in 1934. That was after the US made it illegal for citizens to hold gold - FDR made US citizens sell their gold to the US for $20.67, then raised the price to $35. Not all the money went to the ESF, some went to the IMF.

Harry Dexter White, whom I mention in the linked post, was the US architect of the IMF, the World Bank, and the ESF - and apparently a Soviet agent.

Truth is stranger than fiction.
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