Economic Chaos
by Dr. Adrian H. Krieg

What you are being told by government, and the media, does not reflect the facts in any way form or manner. The currently most common asked question asked of me is "why is our economy so good" ? The fact being that it is not good, but government as well as the banking sector have much invested in making you think it's great. And that media is the able servant of both.

Unemployment

We are informed that unemployment in spring of 1999 is 4,2% by the Department of Labor. This statistic is arrived at by counting only those unemployed who receive an unemployment check from either a state or federal agency. Unfortunately there are a large number of Americans left out of this statistic. People who's time restricted unemployment term has run out, the homeless, those in hospital, those with part time jobs who want full time jobs, those who lost good manufacturing jobs to lower paying service sector jobs, people on welfare and assistance programs, are all not counted. When we add them in we come up with the corrected unemployment number of 10.7%.

Surplus

We are informed by the beltway bandits that our government is currently running a surplus. What they are intimating is that they are collecting more in revenue (taxes) then they are spending. That is a lie. Americas current total debt is about [no-one is able to produce an definite figure] $ 24.8 trillion. The largest share of this is the Social Security trust fund at $ 17,6 trillion. Just so you understand how much that works out to; it is equivalent to $ 100,000 for every presently living American. How then are we in surplus ? First the debt is just ignored and second Beltway accounting. All fees, taxes, and charges collected by all agencies [ highway, patent, passport etc.] who produce any income have them taken away and placed into the general fund. Operating cost of those agencies it then taken off line , by giving them IOU's. The given IOU's are not counted as part of the debt. Thus in 1998 we actually had a $248 billion deficit, projections for 1999 indicate a substantial increase due to the present budget.

Banking

Our banking sector seems healthy, or is it ? Well in fact it is not, we have in fact since the advent of the Clinton administration lost over 700 independent banks. The remaining banks are consolidating into mega banks because they have learned that government will not allow those institution to fail, regardless of how badly they are managed. How is it that the stock market has been going up and up and up. It seems that Mr. Greenspan and his friends have come upon an interesting method for creating a bubble economy. Every time a bank seems to falter, the FRS [Federal Reserve System] or Fed gives loans to that banks in the billions of dollars at a 3% rate. The bankers then scurry over to their broker departments an purchase T bills [government debt] at 5.6%. They pocket the difference of 2,6% and stay fluid. Just for your information the interest profit is paid by your taxes. Sometimes that's not even enough, so they arrange things like the Panama Canal Treaty, [to bail out Marine Midland Bank] or the Mexican bailout, for the benefit of Citybank.

Trade

Our country has been operating on a trade deficit [importing more than we export] since the Kennedy administration. That's for almost 40 years. The numbers are irrelevant; the matter is simple to understand. The "New World Order" crowd has sold America the greatest lie ever concocted next to socialism, that lie is "Free Trade". As any housewife will tell you it is not possible to operate a household by spending more than you take in. A nation is not different from a household, it is in fact our national house, and it is in disarray. We have for forty years been purchasing more [spending/importing] then we have been selling [earning/exporting] . This has made us the largest debtor nation in the world, and in fact in world history. Who is going to pay those debts, and how will they pay them? Your children, in poverty.

Economy

Inflation is the barometer of economic development. In real time and adjusted value a $1 purchase in 1959 is now up to $ 6.30. That means that the dollar has eroded some 630% in a short 40 years. This is not a world problem because other currencies measured against to dollar, the Swiss Frank per example has gained rather than devalued. Our GDP [Gross Domestic Product] per person [ what each individuals economic output is] has increased a big 2.6% while income over the same time frame has risen a big 2.8%. This indicates an almost stagnant economy. Government produced statistics relating to this are egregiously false. All government produced data on the economy omit the cost of government [taxes] from their statistical base. Taxes for the average American family of four account for 49.20% of their total budget, the largest single item. Further taxes are the fastest growing expense in the American economy. Housing another large portion of the inflation ticket is also omitted from the government concocted statistic. As a consequence all government statistics on the economy are wrong and worthless.

Mutual Funds

Unknown to most investors almost all mutual funds contain a clause allowing the operators to borrow money utilizing the funds asset base as collateral. Since funds managers earnings are based at least in part on performance, many of them borrow from banks using your asset as the guarantee collateral. Who do you think will get the asset if a failure occurs. That is only the beginning of the Ponzi scheme we call our 1999 mutual investment market. In the last 17 years the stock market [ S&P] has risen 45%, but the cost of those same stocks the 500 index has gone up 420%. In fact if the market were valued at the level of 1982 seventeen year ago it would be 70% lower. Once more this is not a factor of earning which have remained almost the same over the last 17 years. The average company's stock on the open market is now selling at just under 40 times earnings, or about double the index figure prior to the 1929 crash.

Personal Debt

American personal debt is exploding at astronomical rates, while bankruptcies are at the highest nationally recorded levels. From 1982 till today average income has increased by 28%. Personal debt has gone up 62%. This astronomical personal debt now accounts for $ 60,000 for every living American. If we now add the federal debt to it we see that as a nation every living American is in debt to the tune of $160,000. A tidy little sum I'm sure you will agree. The government not wanting to be outdone by mere mortals has expanded their debt at a rate of 100 % in constant dollars since 1959.

Derivatives

Banks and investment houses have now entered the casino gaming function of derivative trading. Derivatives are gambling on the outcome of commodities values and the value of stocks in large denominations of cash. It is not much different from roulette. Several banks have already gone broke, while others have lost billions. Trading in the capital and stock markets has increased at 400% in just the last ten years. Most of our society seems fixated with a fast buck mentality.

Facts bespeaking this situation clearly show a wide ranging orchestrated and planned effort by someone. The falsely reported information arrives from many differing sources; so we may assume that a conspiracy to defraud us all is in the works. This is exactly what is taking place. The New World order which is a conglomeration of powerful banking interests is manipulating the entire world. This has been carried out in such a brilliant way that most citizens have been duped by it.

Elections

Elections in America are a sham. Just by example take the presidential election. In order to win a party nomination in one of the two controlled "SYSTEM" Republocrat organizations, the only two who presently count, a candidate must muster just under $ 50 million. Now how do you suppose that a candidate can raise that amount of cash? There is only one way, that's why I call it a System. Third party candidacy has purposely been manipulated on the state levels to make ballot access almost impossible, in most states which seriously count. On the congressional level with just a very few exceptions candidacy is controlled through money and the use of stalking horse candidates, who are funded to split opposition to the anointed.

Federalization

As in all past empires America is being federalized at an alarming rate. In violation of the tenth amendment, and with the acquiescence of congress, all political, social, educational, power is centering in Washington. The federal government has created in violation of law over a dozen departments to control us all. The leading Democrat our present VP for the 2000 election has never in his entire federal political career offered a single thought or program in which the federal government or one of it's agencies was not the centerpiece. It can also be pointed out the Mrs. Dole, and Mr. Bush the primary Republican candidates may be said to be the best people the Democrats could run. Just like in the previous presidential election on a political level there is no difference between the candidates.

The most powerful

The FRS ( Federal Reserve System) is without doubt the single greatest agent of the New World Order. It is a private banking monopoly granted by the Federal Reserve Act, which was instituted during the Wilson administration. This consortium heavily influenced by European banking circles, is in fact our government. Most Americans do not realize that the FRS is a private banking monopoly a large portion of who's stock is held by foreign interests. The inventor of the system was a German, and the agent of the Rothschild banking interests of London, Frankfurt, Paris, Vienna, and Rome. If you want to learn more of this read The Secrets of the Federal Reserve by Eustance Mullins published by Bankers Research Institute of Staunton VA. Or The Creature From Jekil Island.

As American Patriots the time has arrived to begin actively opposing the New World Order and their international empire. We had better wake up and begin now; because soon it will be to late. Once they have merged our military into an worldwide police/military cadre under international authority we will lack the acumen to fight an win against them. Just ask patriots in Haiti, Somalia, Panama, Granada, Bosnia, Kosovo, Serbia, what happened to them when the international police forces descended upon their countries. Self-determination is out ! International command and puppet governments controlled by the New World Order are in ! This centralization of power is again demonstrated here on the world arena, just as before on the national American one.

God save the republic !

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