Wednesday, December 19, 2007

Ron Paul, Friend or Foe? Part 2

Christopher Jon Bjerknes

Back on 10 May 2007, I published a blog entitled Ron Paul, Friend or Foe? in which I noted the reasons why I do not trust Ron Paul, together with the reasons why I find his candidacy appealing. A known subversive, who often attempts to parrot my statements when it serves his agenda, has taken to reiterating some of my arguments as to why we need to examine Ron Paul's positions.

The fact that this known saboteur and provocateur is attacking Paul may, at first glance, appear to be a good reason to support Ron Paul. This mindless blowhard often sends the same signals as Fox News, though basing his message on a supposedly anti-Zionist position. He has teamed up with a Jewish banker who attacks Capitalism from a Marxist-lite perspective. It appears that this man, who is trying to gin up a nihilistic revolution, wants to dupe real anti-Zionists into serving Zionist interests. However, this known smear monger makes it a habit to defame everyone and sow the seeds of discord, so little can be gleaned from his attack on Ron Paul, other than that it is a part of an overall strategy to render anti-Zionists confused and politically fragmented.

I like Ron Paul's open opposition to American aggression. He is the only serious candidate to consistently oppose aggressive war. The President does have a bully pulpit and can affect foreign policy. However, it is Congress which declares war.

Ron Paul's positions on immigration are too shallow for my liking. But what really worries me are his sympathies with the Libertarian Party and with Ludwig von Mises.

The production and promotion of the film Freedom to Fascism by the Zionist Jew Aaron Russo, the Christian bashing though inexplicably philo-Judaic film Zeitgeist, and slew of internet propaganda promoting the institution of the gold standard, all coinciding with the presidential race and the melt down of the dollar is a bit too coincidental for my liking. It is reminiscent of the orchestrated meltdown of 1907, which was followed by the "banking reforms" of 1913, which were promoted by Sen. Nelson Aldrich. Paul appears to me to be another Aldrich, but there are worse parasites than an Aldrich. The other candidates have each openly declared their aggressive stance toward Iran and unquestioning loyalty to Israel.

Whatever Ron Paul's sincere beliefs and motivations may be, the Libertarian's ties to Ludwig von Mises and Richard Coudenhove-Kalergi are troubling. Coudenhove-Kalergi promoted the idea of a European Union and a pan-American Union. Rothschild and Warburg sponsored him. Coudenhove-Kalergi also stated that the Jews are a superior race which should lead the World, but that all the other races should be mixed, which according to him would result in the manifestation of the worst traits and the disappearance of the best traits in the Gentile races.

Coudenhove-Kalergi wanted the different "races" to mix in intermarriage so that the children of these unions would be inferior to their parents and would lose any sense of cultural and ethnic heritage. He wanted to then substitute a new culture of obedience and servitude among this new degenerated "race", subservience to a ruling Jewish elite. He would have the Jews remain nobly segregated. It is a fact that many of Coudenhove-Kalergi's policies have been instituted.

Paul does not appear to support these policies, but instead opposes them. It is very important to note this fact. However, Paul would empower these forces by instituting the Ludwig von Mises monetary policy. Ludwig von Mises was an Austrian Jew who was close friends with Coudenhove-Kalergi.

Paul wants to eliminate taxes from gold and silver exchanges, thereby artificially creating a privileged commodity and business class. This makes him the darling of gold merchants, and of certain Zionist Jews, like the late Aaron Russo. Indeed, Paul has been embraced by the Israelis and received their seal of approval. He has also found support among media Jews who comment on the financial markets.

Paul and von Mises essentially proposed a banker bailout of the current system, which would indemnify the Jewish bankers, effectively grant them amnesty, and pass along the burden of their theft to the American taxpayer, all in the name of combating the bankers—very Aldrichesque methodology. The bankers hold much of the gold, and we would have to borrow it from them at interest to finance a gold based currency, thereby placing us in unpayable debts and excusing them for their fraud against the American People.

Another real danger of the disastrous Paul and von Mises plan is the ability it would give the Jewish bankers to control our money supply and create deadly deflation at their whim by melting coin and shipping it overseas. So that this does not appear to be a personal prejudice of mine, I will quote from two authors who opposed the Jewish bankers, L. B. Woolfolk, and Denis Fahey, who wrote in his book, The Rulers of Russia, Third Edition, Revised and Enlarged, USA, (1986), 93-96:

"Lest some of my readers may think that I have insisted too much upon the disastrous effects of the monetary system associated with the gold-standard, a few words may be helpful. Money or token-wealth has been invented, to use St. Thomas's expression, for the convenience of exchange and as a measure of things saleable. Thanks to it, families can procure, by the process of exchange, far more easily than by barter, that sufficiency of nature's goods or real wealth needed by their members for a virtuous life. The fact is, however, that the gold-standard system does not aim at the distribution of socially-produced wealth but at making money a source of revenue to the issuers and a means of arriving at the greatest possible control for them by the creation and perpetuation of debt. As a measure of things saleable, money is meant to be stable. The yard measure and the pound avoirdupois may not be altered arbitrarily. Yet 'we are in an age of monetary policy,' writes Professor Soddy, 'when the value of it is continually altered by the means well-known to the banking profession, to make it worth less or more, thus to raise the price level or to lower it. . . In all this there is not given a moment's consideration to the most elementary principles of justice to the owners of the money, who have a right to receive again value equivalent to that which they have given up.'[Footnote: The Role of Money, p. 85 'A sane money system is one that aims at keeping in circulation the largest volume of money that can be absorbed without inflation of the price level . . . the principle of control of the currency of New Zealand should be changed from stability of the exchange rate with sterling to stability of the internal price level.'—(A. N. Field, in Examiner, May, 1939.)] Arbitrary changes in the volume of currency cause prices to rise or decline; and these arbitrary changes affect the welfare of every citizen. How are they effected? By the contraction and expansion of credit due to movements of gold. Thus we have fixed foreign exchanges with fluctuating internal price-levels. Those who control gold can manipulate the volume of credit, thus controffing the price-level in different countries. And this power can be used to acquire mortgages not only over entire industries but over whole countries. We read in The Builders' Merchants' Journal (January, 1939): 'For instance, by the judicious transference of (say) ten millions of gold from France to England, a systematic depreciation of probably ten times that amount could be brought about in the market value of French securities without undue difficulty, and a corresponding rise effected on the English Exchange. By then transferring the same amount of gold from London to New York, a similar double effect could again be achieved. Next, by transferring the gold from the U.S.A. to (say) Belgium and the Netherlands, the process could be once more repeated. Then by switching the bullion across to England, a similar rise and fall would result. Finally, by shipping the gold from London back to its original resting-place in Paris, French securities would be restored to normal, and British stock values again depressed. The alteration in market values in the case of every gold transfer as above outlined would probably be at least ten times the amount of the bullion actually shipped, and the astute individuals engaged in the execution of this interesting financial roundabout might within the space of two or three years amass (via nominees) anything from (say) £100,000,000 to £500,000,000 by judiciously exploiting the possibilities of the markets—and without arousing outcry or general suspicion amongst the investing public. No wonder it becomes possible for banks and other big financial interests to hold 'blanket' mortgages not only (in effect) over entire industries, but also (to all practical intents and purposes) over whole countries.'

A concrete example of the swindling depicted by The Builders' Journal is given by the late Arthur Kitson in his book, The Bankers' Conspiracy, published in 1933. On pages 79 and 80 of that work, we read: 'Some years ago the Bankers' Magazine gave a startling example of the depreciation in the prices of 325 of our representative investments caused by the withdrawal of £11,000,000 in gold from the Bank of England by a group of American financiers. The transfer of this amount from London to New York during a period of a few weeks caused a fall of prices equivalent to £115,500,000! The absorption of the same gold caused a corresponding advance in the prices of certain American securities. By first selling English securities and buying American, they had merely to transfer so much gold and afterwards reverse the transactions by buying and selling respectively and the game was won! As a well-known financial writer stated at the time: 'These speculators were playing upon two tables at the same time—one in London and the other in New York—with the certainty of winning on both.''

When a country has been impoverished and disorganised by a stock-exchange coup such as has just been mentioned, an attack on the property of the Catholic Church and the religious orders can be successfully launched by the Masons and other anti-supernatural elements. A typical example is to be found in Spain between 1834 and 1840. The Rothschilds were anti-Carlist in the war of succession, which was going on, because they feared that the success of Don Carlos would mean that they would lose the famous Almaden quicksilver mines. By a 'bear' operation on the stock-exchange the Rothschilds sent Spanish securities tumbling down. The Prime Minister, Count Toreno, was forced to resign, and the Rothschilds realised a profit far beyond the amount of the bribe they had given him previously. Count Toreno was succeeded by Mendizabal, a Jew by race and religion. He had been speculating in Spanish securities but had 'got the tip' from Nathan Rothschild when the Rothschilds decided to bring about the slump. Mendizabal increased the Spanish deficit. All that and more can be learned from Count Corti's Reign of the Houses of Rothschild. It will serve as a commentary on the laconic information we get in the Catholic Encyclopedia (article on Spain) wherein we read: '. . .the Liberals ruled, except in the provinces occupied by the Carlists, and the moderate ministry of Martinez de la Rosa . . was succeeded by those of Toreno and of Mendizabal, who put up the possessions of the Church for sale (1836).' The Catholic Encyclopaedia omits to say that all the convents, with some exceptions, had been confiscated in 1835.[Footnote: 'More than one hundred years ago, the Church in Spain was disestablished and despoiled of all real property, while the Religious Orders were suppressed and dispersed under the laws framed by Don Jose de Mendizabal, a Finance Minister of that day.' (The Conflict in Spain, by the Marquis de Merry del Val.)] It makes no reference to the collusion between Rothschild and Mendizabal.

Stabilization of the internal price level of countries is one of the most needed social reforms in the natural order. Without it the demand for social justice becomes a mockery. 'Stabilizing money takes the money factor out of price fluctuation and leaves just the non-monetary factors of demand and supply of commodities. As one well-known writer on these subjects has pointed out, the money factor is like the tides of the ocean, and the commodity demand-and-supply factor is like the waves of the sea. . . . The tides are the big factor determining the level of the water, and the waves a comparatively small factor even in the greatest storm. The money factor is like the tides, and is the principal thing in determining the price-level.' [Footnote: A. N. Field in Examiner, May, 1939. He says elsewhere in the same issue: 'Money must be made a just measure of value. If it is not, every money transaction perpetrates injustice, with debts on one level and prices of commodities on another level. And injustice sooner or later means the disintegration of the existing social order.']"

L. B. Woolfolk wrote in his book, Great Red Dragon, or London Money Power: The Foreign Money Power in the United States, George E. Stevens, Cincinnati, (1890), pp. 273-274:

"3. Let us notice the effect upon us of the Money Power withdrawing $1,100,000,000 of gold and silver from the country, and keeping the greenbacks retired from circulation.

1.) By presenting the gold and silver certificates at the Treasury, and drawing the gold and silver they call for, the gold and silver certificates would be withdrawn from circulation.

2.) Then, by withdrawing the rest of the gold and silver, we would be left with nothing but the greenbacks and the National Bank circulation.

3.) But the $346,000,000 of greenbacks have already been, in great measure, retired from circulation. They are all owned in the great money centers, chiefly by the Money Kings, or their agents. When the Money Kings shall be desirous of bringing on a crisis, they will, of course, keep the greenbacks retired.

4.) This would leave us only the National Banking circulation of $239,000,000. By presenting the National Bank circulation at the counters of the banks, and drawing out the gold in their vaults, the Money Kings could compel the National Banks to suspend specie payments, and contract their circulation at least one-half. Then we would be left with only about $120,000,000 of National Bank notes in circulation.

But the greater part of the national banks are owned by the Money Kings, who could withdraw their circulation, if they chose to do so.—It is evident that the Money Kings can, in three months, if they wish, reduce our currency in circulation to less than $100,000,000.

They have got the greenbacks locked up now: and a banker has recently proposed to retire all the greenbacks, and substitute for them silver coin. If this were done, the Money Kings could ship our silver and gold to India, and Africa, and China, and Japan, and South America, to stimulate the industry of those regions, and would leave us almost entirely without currency.

They can easily do this. They only need the excuse of a panic to justify them in doing it. And they could start the panic at any moment by breaking a few National Banks; which can easily be done by drawing out their specie and forcing them to suspend specie payments. In 1837, the Money Kings brought on the panic, by continuing to draw gold from the banks of New York City until they were compelled to suspend specie payments. They brought on the crisis of 1857, by drawing several million dollars of gold from the vaults of the Trust Company Bank in Ohio. That bank was evidently on a sound basis. So now, they can break any or all of our National Banks in a week, and force them to suspend specie payments, or go into bankruptcy.

Our currency is now a trap, with the triggers all set, ready to fall whenever the Money Kings choose to touch it off. The condition of the currency needs to be remedied, or we shall have, some day, the most terrible crisis that ever ruined a country. It will not do to have our currency so completely at the mercy of the Money Kings.

This is the state of things we need to remedy."

While the gold merchants tout gold as if a solution to inflation, deflation is as bad or worse than rampant inflation, in that it cripples growth and makes it easy for the wealthy to purchase all the wealth and businesses of the nations, and leads to starvation. It is the cause of depressions. The Rothschilds were caught creating depressions in the Nineteenth Century, as reported on in The Chicago Tribune.

By robbing a nation of its gold and silver coinage, Jews were able to destroy that nation’s economy by depriving it of its money supply. Jews were also able to increase the value of gold and silver as they accrued a monopoly over it.

The Chicago Tribune, reported on 17 August 1870 on page 4,


Special Despatch to The Chicago Tribune.

NEW YORK, Aug. 16,—A Paris letter to the World remarks that Messrs. de Rothschild are said to lose several thousand dollars a day on the money they keep idle in their safe, or, rather, vault. One of their most lucrative branches of business is dealing in bullion, and melting and refining gold. The government has ordered them to discontinue this business. The Messrs. de Rothschild are not looked upon with a favorable eye by the government. It is notorious that their sympathies are all German. They have not contributed a son to any of the war funds. You know nine-tenths of the banking business of Paris is in the hands of German bankers. The police watch them very closely. It is even rumored that one of the wealthiest of them was arrested yesterday for sending large amounts of money out of France. The Bank of France refuses to touch the paper of men suspected of extorting bullion. At the last discount day one of the firms under this suspicion sent in 600,000 francs worth of paper to be discounted. Every cent of it was returned, refused.

In Switzerland matters are still worse. The banks have suspended specie payments, and have refused to discount any notes except those of manufacturers in the neighborhood, and these only in sums sufficient to keep the manufactories running. The interdiction to export gold from France presses with a heavy weight upon Switzerland. It and the banks’ refusal to discount have forced all commercial firms in Switzerland to suspend payments. Men whose books show them to be worth millions are compelled to suspend payments, because none of their assets are available. It is impossible to get a bill on Paris cashed anywhere, and all but impossible to get a bill on London cashed. Travellers are advised by bankers here to take with them gold enough to pay their expenses.

The outflow of gold from France continues to be enormous, despite all the measures taken. This necessarily so. Last week the French Government was obliged to send $15,000 in gold to Spain to pay for the wheat, wine, oil, brandy, etc., bought there by the government agents."

Legend has it that the Rothschilds demonstrated that they could break the Bank of England at any time by demanding specie payments. The Chicago Daily Tribune published the following article on 21 February 1877 on page 2,



His Little Scrimmage with the Bank of England.

Somewhere near a score of years ago, I think, I read the story, then fresh. It has been recalled to my mind by its telling in my presence to an English gentleman, who assured us that he could personally vouch for its truth, he having had business with the old lady of Threadneedle street while the transaction was in progress; and, from this assurance of an eye-witness, I deem the thing worth repeating. I think I remember it as it was told to me.

A bill of exchange, for a large amount, was drawn by Anselm Rothschild, of London. When the gentleman who held it arrived in London, Nathan was away, and he took the bit of paper to the Bank of England, and asked them there to discount it. The managers were very stiff. With haughty assurance they informed the holder that they discounted only their own bills; they wanted nothing to do with the bills of 'private persons.' They did not stop to reflect with whom they had to deal. Those shrewd old fellows in charge of the change of the realm should have known and remembered that that bit of paper bore the sign manual of a man more powerful than they,—more powerful because independent of the thousand-and-one hampers that rested upon them.

'Umph!' exclaimed Nathan Rothschild, when the answer of the bank was repeated to him. 'Private persons! I will give those important gentlemen to know with what sort of private persons they have to deal!'

And then Nathan Rothschild went at work. He had an object in view,—to humble the Bank of England,—and he meant to do it. He sent agents upon the Continent, and through the United Kingdom, and three weeks were spent in gathering up notes of the smaller denominations of the bank's own issue. One morning, bright and early, Nathan Rothschild presented himself at the bank at the opening of the teller's department, and drew from his pocketbook a five pound note, which he desired to have cashed. Five sovereigns were counted out to him, the officers looking with astonishment upon seeing the Baron Rothschild troubling himself personally about so trivial a matter. The Baron examined the coins one by one, and, having satisfied himself of their honesty in quality and weight, he slipped them into a canvas bag, and drew out and presented another five pound note. The same operation was gone through with again, save that this time the Baron took the trouble to take a small pair of scales from his pocket and weigh one of the pieces, for the law gave him that right. Two—three—ten—twenty—a hundred—five hundred pound notes were presented and cashed. When one pocketbook had been emptied another was brought forth; and when a canvas bag had been filled with gold it was passed to a servant who was in waiting. And so he went on until the hour arrived for closing the bank; and at the same time he had nine of the employes of the house engaged in the same work. So it resulted that ten men of the house of Rothschild had kept every teller of the bank busy seven hours, and had exchanged somewhere about £22,000. Not another customer had been able to get his wants attended to.

The English like oddity. Let a man do something original and piquant, and they will applaud even though their own flesh is pricked. So the people contrived to smile at the eccentricity of Baron Rothschild, and when the time came for closing the bank, they were not a tenth part so much annoyed as were the customers from abroad, whose business had not been attended to. The bank officials smiled that evening but—

On the following morning, when the bank opened, Nathan Rothschild appeared again, accompanied by his nine faithful helpers, this time bringing with him as far as the street entrance four heavy two-horse drays, for the purpose of carting away the gold, for to-day the Baron had bills of a larger denomination. Ah, the officers of the bank smiled no more, and a trembling seized them when the banker monarch said, with stern simplicity and directness:

'Ah, these gentlemen refuse to take my bills. Be it so. I am resolved that I will keep not one of theirs. It is the house of Rothschild against the Bank of England!'

The Bank of England opened its eyes very wide. Within a week the house of Rothschild could be demanding gold it did not possess. The gentlemen at the head of affairs saw very plainly that in a determined tilt the bank must go to the wall. There was but way out of the scrape, and they took it. Notice was at once publicly given that thenceforth the Bank of England would cash the bills of Rothschild as well as its own!—Exchange."

The ancient Jews ruined Rome by syphoning off the gold. Cicero's Pro Flaccus, Chapter 28, states,

"XXVIII. The next thing is that charge about the Jewish gold. And this, forsooth, is the reason why this cause is pleaded near the steps of Aurelius. It is on account of this charge, O Laelius, that this place and that mob has been selected by you. You know how numerous that crowd is, how great is its unanimity, and of what weight it is in the popular assemblies. I will speak in a low voice, just so as to let the judges hear me. For men are not wanting who would be glad to excite that people against me and against every eminent man; and I will not assist them and enable them to do so more easily. As gold, under pretence of being given to the Jews, was accustomed every year to be exported out of Italy and all the provinces to Jerusalem, Flaccus issued an edict establishing a law that it should not be lawful for gold to be exported out of Asia. And who is there, O judges, who cannot honestly praise this measure? The senate had often decided, and when I was consul it came to a most solemn resolution that gold ought not to be exported. But to resist this barbarous superstition were an act of dignity, to despise the multitude of Jews, which at times was most unruly in the assemblies in defence of the interests of the republic, was an act of the greatest wisdom. 'But Cnaeus Pompeius, after he had taken Jerusalem, though he was a conqueror, touched nothing which was in that temple.' In the first place, he acted wisely, as he did in many other instances, in leaving no room for his detractors to say anything against him, in a city so prone to suspicion and to evil speaking. For I do not suppose that the religion of the Jews, our enemies, was any obstacle to that most illustrious general, but that he was hindered by his own modesty. Where then is the guilt? Since you nowhere impute any theft to us, since you approve of the edict, and confess that it was passed in due form, and do not deny that the gold was openly sought for and produced, the facts of the case themselves show that the business was executed by the instrumentality of men of the highest character. There was a hundredweight of gold, more or less, openly seized at Apamea, and weighed out in the forum at the feet of the praetor, by Sextus Caesius, a Roman knight, a most excellent and upright man; twenty pounds weight or a little more were seized at Laodicea, by Lucius Peduc├Žus, who is here in court, one of our judges; some was seized also at Adramyttium, by Cnaeus Domitius, the lieutenant, and a small quantity at Pergamus. The amount of the gold is known; the gold is in the treasury; no theft is imputed to him; but it is attempted to render him unpopular. The speaker turns away from the judges, and addresses himself to the surrounding multitude. Each city, O Laelius, has its own peculiar religion; we have ours. While Jerusalem was flourishing, and while the Jews were in a peaceful state, still the religious ceremonies and observances of that people were very much at variance with the splendour of this empire, and the dignity of our name, and the institutions of our ancestors. And they are the more odious to us now, because that nation has shown by arms what were its feelings towards our supremacy. How dear it was to the immortal gods is proved by its having been defeated, by its revenues having been farmed out to our contractors, by its being reduced to a state of subjection."—M. T. Cicero, Pro Flaccus, Chapter 28; translated by C. D. Yonge, The Orations of Marcus Tullius Cicero, Volume 2, George Bell & Sons, London, (1880), pp. 454-455.

The ancient Jews ruined Egypt by syphoning off the gold. Jews accused themselves of stealing the Egyptians’ gold by asking to borrow it from their trusting Egyptian neighbors, then emigrating without giving it back (Exodus 11:2; 12:35-36). Joseph stole the gold of Egypt and ruined its money, then enslaved the Egyptian People (Genesis 47).

Genesis 47 states:

"1 Then Joseph came and told Pharaoh, and said, My father and my brethren, and their flocks, and their herds, and all that they have, are come out of the land of Canaan; and, behold, they are in the land of Goshen. 2 And he took some of his brethren, even five men, and presented them unto Pharaoh. 3 And Pharaoh said unto his brethren, What is your occupation? And they said unto Pharaoh, Thy servants are shepherds, both we, and also our fathers. 4 They said moreover unto Pharaoh, For to sojourn in the land are we come; for thy servants have no pasture for their flocks; for the famine is sore in the land of Canaan: now therefore, we pray thee, let thy servants dwell in the land of Goshen. 5 And Pharaoh spake unto Joseph, saying, Thy father and thy brethren are come unto thee: 6 The land of Egypt is before thee; in the best of the land make thy father and brethren to dwell; in the land of Goshen let them dwell: and if thou knowest any men of activity among them, then make them rulers over my cattle. 7 And Joseph brought in Jacob his father, and set him before Pharaoh: and Jacob blessed Pharaoh. 8 And Pharaoh said unto Jacob, How old art thou? 9 And Jacob said unto Pharaoh, The days of the years of my pilgrimage are an hundred and thirty years: few and evil have the days of the years of my life been, and have not attained unto the days of the years of the life of my fathers in the days of their pilgrimage. 10 And Jacob blessed Pharaoh, and went out from before Pharaoh. 11 And Joseph placed his father and his brethren, and gave them a possession in the land of Egypt, in the best of the land, in the land of Rameses, as Pharaoh had commanded. 12 And Joseph nourished his father, and his brethren, and all his father's household, with bread, according to their families. 13 And there was no bread in all the land; for the famine was very sore, so that the land of Egypt and all the land of Canaan fainted by reason of the famine. 14 And Joseph gathered up all the money that was found in the land of Egypt, and in the land of Canaan, for the corn which they bought: and Joseph brought the money into Pharaoh's house. 15 And when money failed in the land of Egypt, and in the land of Canaan, all the Egyptians came unto Joseph, and said, Give us bread: for why should we die in thy presence? for the money faileth. 16 And Joseph said, Give your cattle; and I will give you for your cattle, if money fail. 17 And they brought their cattle unto Joseph: and Joseph gave them bread in exchange for horses, and for the flocks, and for the cattle of the herds, and for the asses: and he fed them with bread for all their cattle for that year. 18 When that year was ended, they came unto him the second year, and said unto him, We will not hide it from my lord, how that our money is spent; my lord also hath our herds of cattle; there is not ought left in the sight of my lord, but our bodies, and our lands: 19 Wherefore shall we die before thine eyes, both we and our land? buy us and our land for bread, and we and our land will be servants unto Pharaoh: and give us seed, that we may live, and not die, that the land be not desolate. 20 And Joseph bought all the land of Egypt for Pharaoh; for the Egyptians sold every man his field, because the famine prevailed over them: so the land became Pharaoh's. 21 And as for the people, he removed them to cities from one end of the borders of Egypt even to the other end thereof. 22 Only the land of the priests bought he not; for the priests had a portion assigned them of Pharaoh, and did eat their portion which Pharaoh gave them: wherefore they sold not their lands. 23 Then Joseph said unto the people, Behold, I have bought you this day and your land for Pharaoh: lo, here is seed for you, and ye shall sow the land. 24 And it shall come to pass in the increase, that ye shall give the fifth part unto Pharaoh, and four parts shall be your own, for seed of the field, and for your food, and for them of your households, and for food for your little ones. 25 And they said, Thou hast saved our lives: let us find grace in the sight of my lord, and we will be Pharaoh's servants. 26 And Joseph made it a law over the land of Egypt unto this day, that Pharaoh should have the fifth part; except the land of the priests only, which became not Pharaoh's. 27 And Israel dwelt in the land of Egypt, in the country of Goshen; and they had possessions therein, and grew, and multiplied exceedingly. 28 And Jacob lived in the land of Egypt seventeen years: so the whole age of Jacob was an hundred forty and seven years. 29 And the time drew nigh that Israel must die: and he called his son Joseph, and said unto him, If now I have found grace in thy sight, put, I pray thee, thy hand under my thigh, and deal kindly and truly with me; bury me not, I pray thee, in Egypt: 30 But I will lie with my fathers, and thou shalt carry me out of Egypt, and bury me in their buryingplace. And he said, I will do as thou hast said. 31 And he said, Swear unto me. And he sware unto him. And Israel bowed himself upon the bed's head."

This story taught the Jews that they could ruin any nation if they could control the nation’s money supply. They controlled the money supply by melting down gold and silver and keeping the metals for themselves. Once they had ruined metallic currency, the Jews could then operate on a barter system with the subjugated Gentiles.

Protocol 20 of The Protocols of the Learned Elders of Zion states:


TO-DAY we shall deal with the financial program, the discussion of which I have postponed until the end of my report because it is the most difficult, conclusive, and decisive point in our plans. In approaching it, I will remind you that I have already intimated that the result of our actions is measured in figures.

When we become rulers, our autocratic government, for the sake of self-defense, will avoid burdening the people with heavy taxes, and it will not forget the role it has to play, namely, that of Father and Protector. But as government organization is costly, it is necessary to raise the means for its maintenance. Consequently, we must carefully work out the plan of a fair distribution of taxation.

In our government the sovereign will have the legal fiction of owning everything in his kingdom (which is easily put into practice), and can resort to legal confiscation of all money in order to regulate its circulation throughout the country. Consequently, the best method of taxation is the levying of a progressive tax on property. Taxes will thus be paid without difficulty or ruin in respective proportion to the amount of property owned. The rich must realize that it is their duty to give a part of their surplus wealth for the benefit of the country as a whole, because the government guarantees inviolability of the remaining part of their property and the right of honest gain. I say honest because the control of property will prevent legal theft.

This social reform must come front above, for the time is ripe and it is becoming necessary as a guarantee of peace.

The tax on the poor is the seed of revolution, and it acts detrimentally to the government, which loses the great in its pursuit of the little. Moreover, the taxation of capital will lessen the increase of wealth in private hands, in which at present we have concentrated it as a counterweight to the governmental power of the Goys, namely, to the state treasury.

Progressive taxation, assessed according to the amount of capital, will produce a much greater revenue than the present system of taxing every one at an equal rate, which is useful to us now only as a means of exciting revolt and discontent among the Goys. The power of our sovereign will rest mainly in equilibrium and in guarantees of peace. For these, the capitalists must cede a part of their income so as to protect the action of the government machine. Public needs must be met by those who can best afford to do so and by those from whom there is something to take.

Such a measure will eliminate the hatred of the poor towards the rich, as they will be regarded as the financial supporters of the state and the upholders of peace and prosperity. The poor will also see that the rich are providing the necessary means to insure this end.

To prevent intelligent taxpayers from being too discontented with the new system of taxation, they will be furnished with detailed reports of the disbursement of public funds, exclusive of such as are appropriated for the needs of the throne and administrative institutions.

The sovereign will not own property, since everything in the state will seem to belong to him and these two conceptions would contradict each other. Private means would eliminate his right to own everything.

The relatives of the sovereign, aside from his descendants who will also be supported by the state, must join the ranks of government officials, or otherwise work for the right of holding property. The privilege of being of royal blood must not entitle them to rob the state treasury.

Sales, profits, or inheritances will be taxed by a progressive stamp tax. The transfer of property, whether in cash or otherwise, without the required stamp, will place the payment of the tax on the original owner, dating from the time of the transfer until the time of the reported failure to record the transaction. Transfer vouchers must be shown weekly at the local branch of the state treasury, together with a statement of the names, surnames, and the permanent addresses both of the original and of the new owner. The recording of the names of those participating in a transaction will be necessary in all transactions involving more than a certain amount for ordinary expenditure. The sale of prime necessities will be taxed only by a stamp tax, which will represent a certain small per cent of the cost of the particular article.

Just calculate how many times the amount received from such taxes will exceed the income of the Goy governments.

The state bank must keep a definite reserve fund, and all sums in excess must be put back into circulation. The cost of public works will be met out of this surplus fund. The initiative of such works emanating from the government will also tie the working class to the interests of the government and the rulers. Some of this money will be allotted to prizes for inventions and for the purposes of production.

Even small sums in excess of a certain definite and broadly calculated fund, should not be allowed to be kept in the state treasury, because money is intended to circulate, and every impediment to circulation is detrimental to the governmental mechanism, which the money lubricates; the congestion of lubricating substances can stop the proper functioning of the mechanism.

The substitution of bonds for a part of the currency has created just such an impediment. The result of this has already become sufficiently evident.

We will also establish an auditing office, so as to enable the sovereign to find at all times a full account of state revenues and expenses, except for the current month not yet made up, and that of the previous month not yet presented.

The only person who will not be interested in robbing the state treasury will be the sovereign, its owner. This is the reason why his control will prevent the possibility of loss or misappropriation.

Receptions for the purpose of etiquette, which waste the valuable time of the sovereign, will be abolished, because the ruler needs time for control and thought. Then his power will not be frittered away on the people surrounding the throne for the sake of appearance and brilliance, and who have only their own and not the public interest in mind.

The economic crises were created by us for the Goys only by the withdrawal of money from circulation. Huge amounts of capital were kept idle and were taken away from the nations, which were thus compelled to apply to us for loans. Payment of interest on these loans burdened the state finances and made the states subservient to capital. The concentration of industry having taken production out of the hands of the artisan and put it into the hands of capitalists, sucked all the power out of the people and also out of the state.

The present issue of money generally does not coincide with the need per capita, and consequently it cannot satisfy all the needs of the working classes. The issue of currency must correspond with the increase in population, and children must be reckoned as consumers from the day of their birth. The revision of the issue of currency is an essential problem for the whole world.

You know that gold currency was detrimental to the governments that accepted it, for it could not satisfy the requirements for money, since we took as much gold as possible out of circulation.

We must issue a currency based on the value of the working power, whether it be of paper or wood. We will issue money in proportion to the normal demands of every subject, adding a certain amount at every birth and decreasing it with every death.

Every department (the French administrative divisions), [Footnote: The words in parentheses would seem to be a comment of Nilus's.] every district, will be in charge of its own accounts.

To avoid any delay in paying government expenses, the terms of such payments will be decreed by order of the sovereign; this will eliminate any favoritism of the ministry (of finance) [Footnote: The words in parentheses are inserted by the editors.] over any other department to the detriment of the others.

The budget of revenues and the budget of expenditure will be placed side by side, in order that they may always be compared with each other

We will present plans for the reform of the Goy financial institutions and of their principles, as planned by us, in such a manner that nobody will be frightened. We will demonstrate the need of reform by the disorderly twaddle produced by the financial disorganization of the Goys. We will show that the first reason for this confusion lies in the drafting of rough estimates for the budget, which increases from year to year. This annual budget is with great difficulty made to last during the first half of the year; then a revised budget is demanded and the funds thus allotted are spent in the next three months, after which a supplementary budget is called for and all this is wound up by a liquidation budget. As the budget of the following year is based on the total expenditure of the preceding year, the divergence from the normal reaches fifty per cent annually, so that the annual budget trebles every ten years. Owing to such a procedure, resulting from the carelessness of the Goy governments, their treasuries became empty. The period of loans followed and used up the remainder and brought all the Goy states to bankruptcy.

You can well understand that such a management of financial affairs as we induced the Goys to pursue cannot be adopted by us.

Every loan proves the impotency of the government and its failure to understand its own rights. Loans, like the sword of Damocles, hang above the heads of the rulers, who instead of placing temporary taxes on their subjects, stretch forth their hands and beg the charity of our bankers. Foreign loans are leeches, which can never be removed from the governmental body until they either fall off themselves or the government itself manages to get rid of them. But the Goy governments instead of throwing them off increase their number, so that these governments must inevitably perish through self-inflicted loss of blood.

Indeed, what is a loan, especially a foreign loan, if not a leech? A loan is the issuance of government obligations which involve the liability to pay interest in proportion to the sum borrowed. If the loan pays five per cent, then in twenty years the government has unnecessarily paid in interest an amount equal to the principal sum borrowed. In forty years it has paid twice; in sixty years it has trebled the sum, while the loan still remains an unpaid debt.

From this calculation it is evident that under the system of universal taxation the government takes the last penny from the poor taxpayers in the form of taxes in order to pay interest to foreign capitalists, from whom the money was borrowed, instead of collecting these same pennies for its needs free from all interest.

So long as the loans were domestic, the Goys only shifted the money from the pockets of the poor into those of the rich; but when we bribed the proper persons to make the loans foreign, then national riches poured into our hands and all the Goys began to pay us the tribute of subjects.

The carelessness of the reigning Goys in statemanship, the corruption of their ministers, the ignorance of other officials of financial problems, has forced their countries into debt to our banks to such an extent that they can never pay off their debts. It should be realized, however, that we have gone to great pains in order to bring about such a state of affairs.

Impediments to the circulation of money will not be allowed by us, and therefore there will be no government bonds, except one per cent bonds, so that the payment of interest should not deliver the power of the state to the sucking of leeches. The right of issuing bonds will be exclusively granted to industrial corporations, which will easily pay the interest out of their profits. The government, however, does not derive profit on borrowed money as these corporations do, since the state borrows money for expenditure and not for production.

Industrial bonds will also be bought by the government, which instead of being, as at present, the payer of tribute on loans, will become a sound creditor. Such a measure will prevent stagnation in the circulation of money, as well as indolence and laziness, which were useful to us so long as the Goys remained independent, but are not wanted by us in our government.

How apparent is the shortsightedness of the purely bestial brains of the Goys! It manifested itself when they borrowed money for at interest. It did not occur to the Goys that, at any rate, this money, with the additional interest on it, would have to be taken from the resources of the country and paid to us. Would it not have been more simple to take the needed money from their own people?

This proves the genius of our distinguished mind, for we were able to present the question of loans to them in such a light that they saw in loans an advantage for themselves.

Our estimates, which we will produce when the time comes, will be based on the experience of centuries, on all those experiments which were conducted by us at the expense of the Goy governments; our estimates will prove to be clear and definite, and will obviously demonstrate the advantage of our new system. They will end all those abuses which made it possible for us to master the Goys, but which cannot be permitted in our reign.

We will so organize the accounting system that neither the sovereign himself nor the most humble clerk will be able to deflect the smallest sum from its destination or direct it into a different channel from that indicated in our original financial plan.

It is impossible to govern without a definite plan. Traveling along a definite road with an indefinite supply of provisions destroys heroes and knights.

The Goy rulers, to whom we once gave advice to neglect governmental duties for grandiose receptions, etiquette, and pleasures, only concealed our rule. The accounts of the powerful favorites who replaced the sovereign were drawn up by our agents, and they always satisfied the shallow minds by promises that in the future there would be savings and improvements. Savings from what? From new taxes? This might have been asked but was not asked by those who read our reports and plans. You know to what their carelessness has led them, what financial disorganization they have reached in spite of the wonderful diligence of their people."

I tend to follow the advice of our Founding Fathers and maintain a distrust of government and those in it, especially career politicians. There are no good candidates in this election who have any chance at winning. Of the bad candidates, Ron Paul is perhaps the best. If he were to win, it would send a signal to the American People that we can change things. Unfortunately, that change is a trap meant to favor the gold merchants and the bankers.

The only way to save the American People from another depression is to educate them as to how they are being set up by friendly foes. The People must have power.

The leaders the Jewish media and Jewish bankers offer us do not work in our interests, but we can insist that the policies they institute work in our favor. So don't childishly cling to Ron Paul as if he is our savior and our fate depends upon him. Also do not flippantly dismiss his candidacy.

We, the American People, can use him just as easily as he intends to use us. What we need to do is impeach Bush and Cheney and then elect an alternative presidential candidate who at least pretends to be outside of the mainstream. Then we need to remain vigilant and insist that our interests are served, not the interests of the Jewish bankers and war profiteers.