Editorial
Truth About Middle East is Spreading
Zero Hedge has published an article, "Are The Middle East Wars Really About Forcing the World Into Dollars and Private Central Banking?" that mentions my theory that Muammar Gaddafi was overthrown because he wanted to set up a private gold-currency in Africa. You can see my article here: Gaddafi Planned Gold Dinar, Now Under Attack.
I don't want to give the idea, however, that Western powers-that-be were galvanized into action ONLY because of Gaddafi's gold currency idea. Here at DB, we regularly discuss a wide range of strategic plans that the elites seem to be putting into place in order to advance what is commonly known as a New World Order. In this article, I want to touch on some of these again.
Certainly, Gaddafi's idea probably provoked anger in the halls of Western power. As I wrote previously, the idea, according to Gaddafi, was that African and Muslim nations would join together to create this new currency and would use it to purchase oil and other resources in exclusion of the dollar and other currencies.
I was interviewed by the news service RT, and they called it "an idea that would shift the economic balance of the world." You can see my interview here: Real Cause for Gaddafi's Expulsion: Wanted Gold Currency?
It was a feasible plan, in my view. Gaddafi held some 144 tons of gold that he could have used to back a gold dinar, at least partially. Currently, I know of NO "mainstream" currency in the world that is backed by metals, either silver or gold. Less than 150 years ago money was considered to be gold or silver so we can see how quickly things change.
Iraq's Saddam Hussein, too, may have incurred the wrath of the Anglosphere power elite that is evidently and obviously behind the world's current financial system. Once he announced Iraqi oil would be traded in euros, not dollars, his fate was sealed, according to many alternative news sources.
In order to grant credibility to the above theories one needs to believe that the Anglosphere power elite is dedicated to defending the dollar's dominance. In fact, the world remains dollar driven and the dollar remains a fount of Western power. So the idea that Western powers-that-be would defend the dollar is not a far-fetched scenario.
The dollar is even referred to as the world's "reserve currency." And this did not happen accidentally but through the most determined kind of power politics. Saudi Arabia is the key to the dollar's pricing power. It is the famous Saud family (House of Saud) that refuses to sell their oil for anything other than dollars.
The Saud family is intimately tied into the Anglosphere power elite; the House of Saud is propped up by the West – militarily and otherwise – and in return, the world's largest producer of oil, and the controller of its marginal price points, props up the dollar.
The arrangement is perhaps a convincing argument, by the way, against Peak Oil theories. What are the chances that Saudi Arabia just happens to be the Anglosphere's biggest producer of oil in the Middle East and also the West's strongest ally?
Isn't it more reasonable to conclude that Western powers-that-be have RESTRICTED oil discovery and production around the world? Famously, according to a statement by one of the Forbes brothers last year, there is enough oil in the mainland United States to furnish energy for the next 1,000 years. That doesn't even include natural gas (which is still flared off) and coal.
The world is likely drowning in energy. The scarcities that people fear are generated by the power elite's dominant social themes – the fear-based promotions that are intended to frighten people into giving up power and wealth to globalist facilities such as the UN, IMF and World Bank.
What this seems to tell us, however, is that there is a bigger game afoot. Let's go through them one by one to see if we can determine the true reasons why Western powers have been so aggressive of late in the Middle East and Northern Africa.
There is, of course, the idea that the US and NATO are fighting in the Middle East for strategic resources and military-intel advantages against Russia and China. The idea is that the "great game" is once again afoot and that the West is repositioning itself both defensively and offensively to gain maximum flexibility and power over potential adversaries.
A second idea, and one mentioned in the Zero Hedge article referred to above, is that the powers-that-be – the "banksters" running much of the West's military machine – are intent on taking various public central banks and replacing them with private ones. The idea is that the Federal Reserve and other such central banks are actually private enterprises and that what the powers-that-be truly fear is the ability of citizen-led governments to print their own paper money.
Finally, there is a theory that has been advanced that we have offered in the past, which has to do with the establishment of a kind of Islamic "crescent arc" in the Middle East and Upper Africa. We've written about this numerous times and you can see our articles if you do an Internet search on the terms "Islam crescent arc" and "Daily Bell."
This argument has to do with the idea that the Anglosphere seeks a wider war on terror in the Middle East and is actively aiding Islamic regimes in order to create this war. While this may sound far-fetched to some, the various regimes that have been destabilized by so-called youth movements (controlled it seems out of Foggy Bottom and Britain) are all secular. And the replacement regimes are all Islamic.
There is a great deal of turmoil and war now taking place in the Middle East and Africa. It is perfectly possible that one single explanation cannot fully encompass the strategic plans of the power elite that is evidently and obviously behind a lot of troubles there.
What does seem clear – to me anyway – is that the problems in that troubled part of the world are growing more severe rather than less. For whatever reason, or reasons, the power elite seems to want to ratchet up tensions and that determination seems stronger as time goes by.
It is a troubling phenomenon and one certainly hopes it does not lead to a truly severe and widespread conflagration. It needn't happen, although I, along with many others in the alternative blogosphere, fear it might.
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Posted by Agent Weebley on 01/15/12 11:44 PM
IngoLand is a Bisch for true, there's no escapin' it.
Oh well, I tried . . . you gotta love me for that!
Click to view link
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Posted by Bischoff on 01/15/12 10:18 PM
Weebley,
You better get back onto your Meds...
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Posted by Agent Weebley on 01/15/12 07:22 PM
Hi iNGO,
"It is important to understand that the monetary system which creates redeemable currency under the Real Bills Doctrine involves no "credit", whatsoever."
Excellent.
Can I have 918 ounces worth of real bills, please? There's a project we want to get off the ground.
Let me know . . . we'll be there in a jiffy.
Thx
Agent Weebley
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Posted by Bischoff on 01/15/12 04:47 PM
You are understanding me correctly, Molly. It is important to understand that the monetary system which creates redeemable currency under the Real Bills Doctrine involves no "credit", whatsoever.
If you understand that a Real Bill is not credit, but an asset which is completely negotiable the minute it comes into existence, you can then understand that the currency created to circulate instead of the Real Bills, is in fact an asset as well. You can save a redeemable currency, because it is an asset which can always be turned into the most liquid commodity on earth, GOLD.
In contrast, FED central banking monetizes government debt. The use of this currency is merely moving debt around. By using central bank irredeemable currency you have no ability to save, because all you would be saving is debt. It is for that reason, that we have the Social Security System created in 1935.
Currency created under the RBD is none inflationary. The problem with this currency in the past was that "idle" currency which had to be temporarily held out of circulation was improperly used by bankers for speculative purposes. This created economic distortions, and after several severe economic recessions and depressions, the Congress finally attempted to curb these improper bank practices with the Federal Reserve Act of 1913.
The big NYC banks did not like the 1913 FRA. Starting in 1920, the Governor of the FRBNY started to violate the 1913 FRA by conducting prohibited Open Market Operations. By reselling government bonds for currency, the NY banks inflated the currency to the point that by 1933 the original Federal Reserve System simply fell apart.
The Federal Reserve System we have today is a 180 degree opposite to the original legislation. The clever trick was to modify the original 1913 FRA to transform it with the 1935 Banking Act into a law which is in fact the very opposite of what was intended with the original legislation.
What people do not know, is that States favored the original 1913 FRA, while they were utterly opposed to the Banking Act 1935. However, by 1935 it was too late for the states to do anything about it, because they gave up their voice in the U.S. Congress with the ratification of the 17th Amendment in 1913.
There are only two currency systems. A "redeemable" currency and an "irredeemable" currency system. Period. A "competing" currency makes no sense. It's like a dog chasing its tail.
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Posted by memewatchers.com on 01/15/12 04:44 PM
Oh and I agree with zero hedge and anthony, as i mentioned in the comment section of:
Panetta Admits Iran Has No Immediate Plan for Nuclear Weapons - Click to view link
'Well I thought it was quite obvious with Obamas New Year resolution banning trade with any entity that does business with the Iranian Central Bank. The goal is obvious use the Iranian nuclear threat as a context to shut down the competition of the Iranian Central Bank. Same thing happened in Libya, Syria, Iraq, and Afghanistan (well there they just tried to install a local branch). But it should be clear to nearly everyone paying attention now, It is all about the monopoly of creating money. The competition must be eliminated. '
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Posted by memewatchers.com on 01/15/12 04:39 PM
It should also be noted that the King of Saudi Arabia is a member of the most prestigious order in Europe, The Order of the Golden Fleece. Which is no small feat since members must be Catholic or at least Christian depending on which division. This is not just any order, when it split into the Hapsburg and Spanish divisions WWI followed soon afterward.
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Posted by dotti on 01/15/12 03:54 PM
Hey, Molly!
I'll gladly take your back!!!
You take mine.
Take care.
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Posted by Molly56 on 01/15/12 03:52 PM
Adding to this...
Much of this information was known, but not distributed. Remember when the only source for books was the local bookstore and university libraries? And no lending libraries... if you didn't live in a university town... tough rocks. Searching for information consisted of thumbing through paper card catalog files. Can you imagine learning about the Federal Reserve problem by going down to your local strip mall bookstore or Podunk Public Library with its mabye 10,000 books, mostly popular fiction and gardening tips? You could always reread your high school history book... lots of info there, right?
To the younger generation: the internet is the greatest thing to happen to any of us, and it happened all at once, to the "silver haired" and their kids and grandkids. We are just now learning things that have been known by a very select few for a long while as people with this knowledge are posting the information on the web.
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Posted by Molly56 on 01/15/12 03:37 PM
Thanks so much for this detailed reply. I have for some time now believed in the idea that there are warring "factions" (which might group and re-group) among the PE, though it's hard to say why that's important to me. I just tend to believe that if the PE really was uni-dimentional and all-powerful, even the internet would not be enough to allow for an enlightened populace. Why stir up all that dis-info if it weren't to direct our attention away from the clamoring of another faction that is putting out its own dis-info? It seems that if there were only one faction of the overlords, we'd be back in the 1950's watching mom-and-pop sitcoms.
(Of course, for a great many Americans glued to their MSN TV sets, maybe that's what we have.)
As for your description of the different party orientations and candidates, that's very interesting, and I will keep this information handy and ponder it a bit more.
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Posted by Molly56 on 01/15/12 03:27 PM
It's unfortunate that most people don't understand what is meant by "competing currencies". In the alternative currency crowd, none of the national currencies traded on the Forex are defined as "competing" as they all participate in the same international banking environment and are "created" in similar ways by central banks around the world.
What those of us who support this idea support is currency systems that are backed by real goods and services. In other words, currencies that in a sense are only a slightly different way of describing Bischoff's real bills doctrine. In fact, Bischoff's system, though it existed previously, would be one of the "new" competing currency systems... and a very competive (if not unbeatable) one. In his (if I'm understanding you right, Bischoff) the final redemption is in gold. That is one of the proposed systems.
I would love it if DB would do an article on "what is a competing currency" and maybe we could all argue it to our heart's content. It would generate a whole lot more light than heat, I suspect.
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Posted by Molly56 on 01/15/12 03:12 PM
Hi Dottie,
If anyone is still following this thread I'd like to comment on your excellent post. People may tease the DB from time to time for its constant reminding of how big a game-changer the internet is, but it's still far too easy to take it for granted, especially by the younger generation that hardly knows (if at all) of what it was like before. There was NO SOURCE AT ALL for news except the MSM up until about the mid 1990's. There were only cheaply printed and snail-mailed newsletters and rare radio broadcasts (which almost no group could afford) that presented an alternative view. There was no "search", no google, no websites, nothing, NADA.
Our parents' generation (and mine, which is beginning to turn grey) have only had access to the vast majority of this information for what... 20 years? The WWI generation believed what they were told because there was no one else "talking". There wasn't even cable television news (CNN, etc.) before the late 1970's. How were previous generations who didn't own the media supposed to know what was going on, much less do anything about it?
I for one am doing everything I can to make up for the lost time that my parents' and grandparents' generation didn't ever have. We need to fight this fight together and not be sidetracked by generational fighting.
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Posted by Agent Weebley on 01/15/12 01:52 PM
Hi amanfromMars,
The B52s are coming . . .
Click to view link
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Posted by Bischoff on 01/15/12 01:37 PM
No, you're not getting through. Why would you be so dumb to be lead by the "silver hairs"... ??? Can't you think for yourself... ??? Why blame the "silver haired"... ???
Copping out is easy, ain't it... ???
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Posted by Bischoff on 01/15/12 01:33 PM
Yesterday and tomorrow, and trough thick and thin, whenever the North Star shines...
It must be great to live on Mars. The language there is soooooooo sophisticated...
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Posted by amanfromMars on 01/15/12 01:18 PM
And how do we think the PTB would fare whenever confronted and compromised by kooks morphed into a new brood and/or breed of spook and CyberIntelAIgent IDEntities ... ... ... Virtually IntelAIgent Partners
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Posted by Abu Aardvark on 01/15/12 01:09 PM
"More stringent security measures. Universal electronic surveillance. No-knock laws. Stop and frisk laws. Government inspection of first-class mail. Automatic fingerprinting, photographing, blood tests, and urinalysis of any person arrested before he is charged with a crime. A law making it unlawful to resist even unlawful arrest. Laws establishing detention camps for potential subversives. Gun control laws. Restrictions on travel. The assassinations, you see, establish the need for such laws in the public mind. Instead of realizing that there is a conspiracy, conducted by a handful of men, the people reason -- or are manipulated into reasoning -- that the entire population must have its freedom restricted in order to protect the leaders. The people agree that they themselves can't be trusted.'
Robert Anton Wilson and Robert Shea, The Eye in the Pyramid, 1975
Click to view link
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Posted by Bischoff on 01/15/12 12:52 PM
Dottie,
"I think that the PTB have very skillfully created an atmosphere where those who would confront them on an intellectual level are made to look like "conspiracy theorists", i.e., kooks."
Your perception is spot on. I have been ridiculed several times in the online trading webinars when I mentioned the PPT. If the people understood the function of the PPT, the stock market investors would have to admit what suckers they are.
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Posted by c.martel on 01/15/12 12:05 PM
Dotti,
Re. patriotism: Without getting real lengthy and convoluted about the subject I think one easy and clear example could be ... A soldier who stands toe to toe against Taliban fighters. He may not have an in-depth knowledge of all the political machinations described by scholars on this Daily Bell website, but he has enough love of country and family to lay his life on the line in defense of them.
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Posted by amanfromMars on 01/15/12 12:00 PM
I second that red hot lava java currency stream, AW. Methinks that is GS Virtual Terrain/AIdDomain. And that would be George Soros and not Goldman Sachs, should there be any confusion/better choices.
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Posted by Bischoff on 01/15/12 10:49 AM
EXCELLENT, EXCELLENT, EXCELLENT... .!!!!!
Dottie,
"I tend to believe that the creation of the Federal Reserve in 1913 was the beginning of the end. Ingo would say that the original act was not a problem, I think, but it laid the groundwork for the future transgressions. (Ingo, I hope that I have accurately represented your view.)"
You expressed my view correctly. If you replace the words "Federal Reserve" in your sentence with the words "ratification of the 16th and 17th Amendments to the U.S. Constitution", you are right on the mark.
To be fair to the "silver hairs", there have always been patriots who have warned the masses. An open letter to FDR, written by 700 Economic and Business professors, begging that he not confiscate the gold holdings of Americans, was totally ignored.
Read the "Decline of the American Republic" 1952 by a noted newspaper reporter, John T. Flynn... .. There are many who warned the masses, but propaganda is very effective. Wait for the propaganda which will sell the the next U.S. President to the masses in 2012. Look how easy it was to sell them Obama in 2008.
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