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To: long-gone who wrote (91372)11/23/2002 10:39:04 AM
From: long-gone  Respond to of 116764
 
fwiw
Sherman Skolnick <<mailto:skolnick@ameritech.net>skolnick@ameritech.net>
wrote:
"THE SUCKER TRAPS", Part Four

by Sherman H. Skolnick 11/22/2
<mailto:skolnick@ameritech.net>skolnick@ameritech.net

www.skolnicksreport.com

FED TO AMBUSH COMMON AMERICANS

In nailing bribe-taking judges and bribe-giving lawyers, we do NOT proceed
applying some overall conspiracy or plot. We do not like to think of events
solely in terms of a conspiracy, nor we do wish to be falsely labeled as
"conspiracy theorists", a favorite put-down of the oil-soaked, spy-riddled
monopoly press.

We do not like "pie in the sky" ideas or mere philosophies. Our group's
corruption investigations have turned on highly technical details, our
specialty based on over one million records, court files, secret notebooks,
audio and video tapes, and similar items compiled over four decades of our
work. Fingering corrupt members of the bench and the bar, from our
standpoint, does NOT depend on whether they are conservatives, liberals,
Democrats or Republicans. In four decades we have hit enough of them
between the eyes, in our public interest crusading, more than in the entire
previous history of the nation. These are matters of record, not theories,
that should reassure even skeptics that we are not inclined to make idle
statements.

So, when we call the PRIVATE Central Bank, masquerading as a U.S.
Government unit, the conspiratorial FEDERAL RESERVE, we do not know of any
more specific way to describe them.

If you watch with an eagle-eye, occasionally the instruments and
mouthpieces of The Establishment, "the powers that be", the Ruling Class,
whatever you call THEM, you sometimes get an advance warning from a faction
in the Aristocracy.

Notice this item:

"FEDERAL OFFICIALS SAY POLICY ISN'T LIMITED BY LOW RATES"

"The Federal Reserve may have lowered interest rates to the once
unimaginable level of 1.25 percent, but senior officials insist they can
still FLOOD THE COUNTRY WITH MONEY if they need to."

"'The U.S. government has a technology, called a printing press---or,
todays, its electronic equivalent---that allows it to produce as many U.S.
dollars as it wishes AT ESSENTIALLY NO COST', Ben S. Bernanke, one of the
Federal Reserve's seven governors, said in a speech to economists here today."

"In a detailed analysis that tracks fairly closely with more general
comments last week by Alan Greenspan, the Fed chairman, Mr. Bernanke
described the many ways the central bank could INJECT VAST SUMS OF MONEY
into the economy to combat DEFLATION, even if interest rates were to drop
to ZERO."

A story, datelined Washington, in the New York Times, 11/22/2. (Emphasis
added.)

Like in the wake of 1929, the Establishment currently is not about to admit
that an horrendous financial meltdown is in the works.AND THAT A FACTION IN
THE ARISTOCRACY, with prior treasonous knowledge, diverted attention,
temporarily, from an impending financial debacle by way of Black Tuesday,
September 11, 2001.

The small to medium so-called "investors", having become sour on stock
losses, have been advised by the brokerage trade, "Well, then I'll put you
into bonds instead". And the price of U.S. Treasury Securities goes UP as
the interest rates go DOWN, and vice versa.

To just TEMPORARILY delay the inevitable financial collapse, the Federal
Reserve is going to RE-FLATE WALL STREET, just long enough for the "big
boys" to get their rear ends free and clear, if possible, of financial
fall-out, destined to rain-down on know-nothings, the unsuspecting suckers,
like so much mostly fatal nuclear economic residue.

After all, who remembers. that the greatest losses were inflicted AFTER
1929, on those that believed the newsfakers and the Herbert Hoover White
House that "prosperity is just around the corner". By 1930, plenty of
suckers were lured back into the stock market and got clipped and ruined.

A good text book of the events in and after 1929, is J. Kenneth Galbraith's
opus, "The Great Crash-1929", several times re-printed since 1959. NOT in
October, 1929, BUT IN SEVERAL YEARS AFTERWARDS, quite a number of wrecked
"investors", caught also in the real estate bust that followed, "took the
gas pipe", then typical lingo for snuffing themselves out at a time that
not all gas stoves had safety pilot lights.

No, they do not nowadays jump out of windows in some spectacular "end it
all" situation. In fact, cynics point out that it cannot now happen anyway.
After all big buildings, such as near Wall Street, La Salle Street, and
such financial districts, do NOT have windows that open, and roof entries
are locked.

Only old-timers remember the unemployed bond brokers of the 1930s, walking
down the street, without a topcoat in the winter, in the last of their
fancy suits. Who remembers the Wall Street Journal almost went into
bankruptcy in 1935. Then and now, as the peddler of Establishment lies, the
Journal is trusted by WHOM, and WHO needs them, after all? (Some sarcastic
sorts read the Journal the cheap-way, on-line, just to see what the "Big
Lie" is currently being circulated. For the purpose of dissidents and
commentators to be able to refute the Journal on Internet or wheresoever
outspoken types can be heard.)

In the Fall of 2002, the Wall Street Journal apparently got tired of their
skilled team writing stories about corporate finagling. So, in the name of
"cut-backs", the Journal dismissed their entire "legal team", the label for
23 of their writers of cover-up and whitewash stories of corporate bandits
and pirates. If you believe in conspiracy theories, can it be said the Bush
and Cheney White House ordered this head-chopping? AND, who, if anyone,
will write such big lies in the future, to protect the Aristocracy and
their corporations? Will it be their worldwide wire service pack of liars,
the Associated Press, AP, the same ones who promoted big CIA lies, such as
a "lone gunman" assassinated President John F. Kennedy, and Dr. Martin
Luther King, Jr., and Robert F. Kennedy?

So, will the Journal merely re-print AP stories of corporate gangsters, the
Journal's own writing team having been wacked?

In their item 11/22/2,the New York Times does not dare go into more
specifics or contradictions, such as:

[1] Is the re-flating supposedly of the economy, going to be quite
temporary, just long enough to get the "big boys" out and lure the suckers
back in?

[2] What will happen to U.S. Treasury Securities, now that so many ordinary
Americans have been herded into that?

[3] Will the re-flating actually be able to stop, what savvy sorts see,
namely, that dreaded long-term, on-coming DEFLATION?

[4] Will the Federal Reserve's trick device be able to actually stop the
impending real estate bust, considering that real estate is one of the only
free markets in America?

[5] Actually, if not theoretically, would not re-flation, even if
temporary, cause the good stuff, the independent, real MONEY, namely GOLD,
jump way up? And would the big-time derivatives swindlers, like J.P. Morgan
Chase be already out of their wrong gold positions, being some 23 or more
TRILLION dollars, like three times the gross product per year of the whole
U.S.?

[6] Why is a faction in the Aristocracy through their mouthpiece, the New
York Times, supposedly warning any of us commonfolk at all? To head-off a
pro-Nazi-like, fascist-type of element, an opposing faction in the
Aristocracy that installed a financial incompetent named George W. Bush?

Do we have to right HERE include all the details elsewhere posted on
various websites, showing the documented items that the Bush Crime Family
promoted and financed Adolf Hitler and the Nazis, before, DURING, and after
World War 2? [Some examples are in Webster Tarpley's book, "The
Unauthorized Biography of George Bush".]

Do we right HERE have to show the list of the Ruling Families that formed
the Federal Reserve in 1912 and their descendants, agents, and surrogates
that continue to own and operate the Federal Reserve? Others on various
websites have shown the 1976 Congressional Report detailing the same

Unfortunately, some not-well-informed sorts, highly naive, would require us
to re-invent the wheel of history every few paragraphs..And, greatly heckle
us for not doing so.

A small correction: on a recent posting on some websites, we erroneously
called our story "The Red Chinese Secret Police in the U.S.", as Part 3.
Actually, it should be as on our own website, as Part 4.

More coming...Stay tuned.

============================================================

SInce 1958, Mr. Skolnick has been a court-reformer and since 1963,
Founder/Chairman, Citizen's Committee to Clean Up the Courts. Since 1991, a
regular panelist, and since 1995, Moderator/Producer of a one-hour weekly
public access Cable TV Program, "Broadsides", cablecast within the city
limits of Chicago, to upwards of 400,000 viewers, each Monday evening, 9
p.m., Channel 21 Cable TV. By videostreaming, you can see segments of some
of our tv shows on-line, on our website.

WEBSITE: <http://www.skolnicksreport.com/>http://www.skolnicksreport.com
[NOTE "s" after name in website address.]

E-MAIL: <mailto:skolnick@ameritech.net>skolnick@ameritech.net



To: long-gone who wrote (91372)11/24/2002 8:25:03 AM
From: lorne  Respond to of 116764
 
N. Korea bans use of U.S. dollars

Report: Move follows U.S. decision to halt oil shipments
SEOUL, Nov 23 — Communist North Korea will stop using U.S. dollars from next month, China’s Xinhua news agency said, following a U.S. decision to halt oil shipments to Pyongyang.
THE MOVE HIGHLIGHTS racked-up tensions between Washington and Pyongyang after North Korea, branded part of an “axis of evil” along with Iran and Iraq by U.S. President George Bush, admitted it was pursuing a nuclear-weapons program.
North Koreans and foreigners would have to convert dollar accounts at Pyongyang’s state-run Korean Trade Bank into euros or other currencies, Xinhua said on Friday, quoting a letter from the state-owned bank in charge of foreign-exchange business.
“Hotels, foreign-exchange shops and foreign-related services will receive no U.S. dollars from the start of December,” a staff member of the Korean Trade Bank was quoted as saying.
U.S. dollar accounts would be automatically changed into euros if account holders made no declaration by the end of November, the bank letter said.
The dollar ban was part of “political means” to counter the pressure from the United States over the nuclear issue, Xinhua quoted an unnamed British diplomat as saying.

The United States has suspended fuel-oil shipments from December in an effort to force Pyongyang to abandon the program.
North Korea has called the oil cut-off — which takes effect as North Korea’s sub-zero winter sets in — a “wanton violation” of the pledges of energy aid for Pyongyang.
Under a 1994 “Agreed Framework,” North Korea promised to freeze its nuclear-weapons program in return for fuel oil, paid by Washington, and two light water reactors that cannot easily be converted to produce atomic-weapons material.
Xinhua said the Korean Trade Bank had also asked diplomatic missions and international institutions to use euros and other currencies, not dollars.
Sample euros in banknotes and coins were displayed outside the Korean Trade Bank, with a poster notifying local residents to change their dollars, but no deadline was given, Xinhua said.
msnbc.com