I would like to thank so many of you for your
feedback after my email about my concern over the
lack of press attention to Chairman Saxton's
Press Release and to the fact that not one
newspaper in the United States printed Janet Whitman's
Dow Jones Newswire story about GATA.
There was note one in particular that I thought you
might enjoy. John has been a friend for some time and
is a big fan of the Cafe. He is also very well known
and highly respected in his field:
Dear Bill,
I haven't been in touch lately because we're working
to finance our return to an active site and it's
more time-consuming than expected. I read your good
stuff, however and I can explain why you can't get the
news media interested in GATA.
The problem is that the regular media are terrified
of being out there alone with a controversial story.
Ben Bradlee has said that if no one else had picked up
on Watergate he was within a week of dropping the story.
The press pretends to be anti-establishment, but it's
very reluctant to take any information from an
unofficial source. So, the only way you really get
information is to read all the non-estabishment stuff,
especially the extreme Right and Left. The Right wing
American Spectator magazine had the Indonesian connection
with Clinton more than a year before the NY Times
“discovered” it.
As a reporter, I have run into this all my life. I've
come in with a hot story and unless official sources
confirmed it they wouldn't run the piece. I tried to get
a story about massive theft from air cargo at JFK in TIME
for two years and always got shot down because the FBI
wouldn't admit it. Off the record they told me it was true,
but they had territorial problems.
Some years ago a black teenaged girl in Peekskill claimed
she'd been attacked by a gang of white cops. Sensational
front page in the Times, TIME, Newsweek, TV, etc. And then
a few weeks later a reporter from The Village Voice and
a guy from some non-network local TV station went up there
to get details--and found out that the story was a hoax.
The chief crime reporter from the Times found it hard to
look me in the eye and explain why they didn't bother
to go and check. The reason: it seemed to be police
brutality and the media WANTED it to be true.
GATA is unofficial and making what seem outrageous claims
against the establishment. So, they ignore GATA and
listen to Goldie and Rubin and others who probably call
your operation a bunch of nutty speculators.
The story is also hard to understand and that also
makes editors nervous. Finally, the official position that
gold is just another commodity is pretty much accepted
by the media. (Still, I'm surprised that Crudele hasn't
said anything. He's pretty good at doing odd-ball stories)
Your best hope is that Congress will get interested and
say so to the press. Another possibility: go to American
Spectator. Still, the official line will be to ridicule it
and deny it with self- righteous indignation. “How dare you
suggest that the Treasury and Wall Street are part of a
giant conspiracy!”
Assuming that Congress does look into it, and comes up
with some convincing evidence, the official line will be
that they are “Shocked! Shocked! that some offshore hedge
funds and such would try to rig the gold market.” And the
Treasury and White House will see to it that the
malefactors are punished.
Finally, they will want to make sure that none of the bad
guys really get hit in the pocketbook. So, they might try
doing what President Grant did to break the corner in
gold engineered by Fisk and Gould: release tonnes of
AU from Fort Knox. Knowing how Clinton & Co work I would
not find this at all surprising. And they will be very
convincing explaining how they managed to step in an
avoid a worldwide panic.
When our ‘net site is running again [ ClickOnMoney.com ]
I will be giving GATA plenty of space.
all best,
John
Thank you John and we will give you as much exposure as we
can.
GATA has received some special interest from members of
the Dallas, Texas community. Certain individuals learned
that Jerome Marcus is one of our attorneys and it caught
their attention.
For those of you that are not familiar with Jerome, I will
quote the following from the front page of the New York
Times - Jan 23, 1999:
"Quietly, a Team of Lawyers Kept Paula Jones's Case Alive"
This time last year, Hillary Rodham Clinton described in a
now-famous appearance on the NBC News program "Today," how
a vast right-wing conspiracy" was trying to destroy her
husband's Presidency.
As it turns out, some of the most serious damage to Bill
Clinton's Presidency came not from his high-profile political
enemies but from a small secret clique of lawyers in their
30's who share a deep antipathy toward the President,
according to nearly two dozen interviews and recently filed
court documents.
While cloaking their roles, the lawyers were deeply involved -
to an extent not previously known - for nearly five years
in the Paula Jones sexual misconduct lawsuit. They then helped
push the case into the criminal arena and into the office of
the independent counsel, Kenneth W. Starr. The group's
leader was Jerome M. Marcus, a 39-year-old associate at the
Philadelphia law firm of Berger & Montague, whose partners
are major contributors to the Democratic Party.
Although Ms Jones never met him or knew he had worked on her
behalf, Mr. Marcus drafted legal documents and was involved
in many of the important strategic decisions in her
lawsuit, according to billing records and interviews and
interviews with other lawyers who worked on the case. As
much as any of Ms. Jones's attorneys of record, Mr. Marcus
helped keep Ms. Jones's case alive in the courts."
Thus, as a result of very recent interest in GATA from the
Southwestern part of the U.S., I have decided to move
to Dallas, Texas on May 15 so that I may be more effective
and productive as GATA Chairman.
Bill Murphy
|
