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Gold/Mining/Energy : Gold Price Monitor
GDXJ 150.42+2.0%Jan 28 4:00 PM EST

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To: IngotWeTrust who wrote (98256)2/10/2006 9:26:02 PM
From: long-gone   of 116929
 
"R. J. Tavel, J.D." wrote:

"We are fast approaching the stage of the ultimate inversion: the stage where the government is free to do anything it pleases, while the citizens may act only by permission; which is the stage of the darkest periods of human history, the stage of rule by brute force." [Ayn Rand, The Nature of Government]

For Liberty in Our Lifetime,
R.J. Tavel, J.D., Founder

Liberty's Educational Advocacy Forum
freedomlaw.com
promotes "action that raises the cost of State violence for its perpetrators ... lay(ing) the basis for institutional change." [Noam Chomsky]

Freedom Law.com Self Help Clinic and Sovereign Law Library
freedomlaw.com
Not a high-tech law firm brochure, "because a lawyer is only as smart as you make him " [Max Katz] and "the Law . . . should be accessible to every man and at all times." [Franz Kafka]

Attorney-Written Instant On-Line Tutorials Simplify Lawsuit Procedure
jurisdictionary.com

muckraker-report.org

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] 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] 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] 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] 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
<http://prudentinvestor.blogspot.com/>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] 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:

Leslie H. Gelb (President Emeritus)
Maurice R. Greenberg (Honorary Vice Chairman)
Charles McC. Mathias, Jr. (Director Emeritus)
David Rockefeller (Honorary Chairman)
Robert A. Scalapino (Director Emeritus)

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
<http://www.lp.org/issues/platform_all.shtml#infldepr>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.

.............................................

1. So anyone else think this is the real reason Greenspan left?

1.a. Is it true Greenspan's old lady left him?

2. So why wouldn;t anyone "in the know" about the real condition / situation of the US$ (excepting those long commodities / short $) be Voting for a Clinton / Rubin ticket? - Rubin can hold the $ better than any other person on earth.

2a Does this mean George Soros will change his positions in the investment world or in the political relm???? Or both???

2b (inverse) Ben Franklin, "They that can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety."

3. When will the "average" US citizen wake up and understand the truth of money?

XXX- on a more individual level - How is it a part-time underpaid UPS clerk in Colorado with but 6 hours of college level economics "gets IT" more than the majority of current college grads much less the bulk of the US population????? Why is it that most every kid that graduated from any rural Texas HS and many a more urban / suburban HS had a better grasp of the futures markets than:

1. 99.8% of those theaching in public K-12 schools(while with each failure of puclic schools we throw more money at the problem)?
2. Some investment advisors?
3. most elected officials?
4. 99.9999% of the entire media?
GADS
richard
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