A comedy of lies in four acts
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Veritas odium Patri H. Krieg 09.11.06The First Act. Over a thousand years ago in about 600 AD Muhammad came to introduce Islam to what is now Saudi Arabia. From Mecca and Medina it surged to conquer the eastern Christian empire of Constantinople, the Eastern Roman Empire and across Persia (now Iran) into Afghanistan, Africa and then by sail in their Dowd's to the Indian sub continent and China and the Indian and the Pacific oceans. They established what we today call the "Silk Road" on which goods from India and China came to Europe. In this trade the Indian and Chinese sellers demanded payements in gold. We must remember that this trading system by the peoples of the Middle East lasted for many centuries, and that Europe became dependent on it for spices, silk, and scores of other goods as well as technology both from China and India as well as Arabia. Gold was already in common use in the Mediterranean Basin because the Libyans (Now part of Turkey) had already introduced gold coins some centuries before. Furthermore the well-established remnants of the Roman Empire both Eastern (Constantinople) and Western (Rome) had well and long traditional coinage. Islam then developed the Hawala payment system and the gold Dinar was also well versed in coinage. So it was that after the European discovery of America and their subsequent incursions into the Pacific they were amazed to discover that Islam was widely practiced in the western Pacific having been brought there by the Arab traders of the Middle East centuries before the Europeans ever got there. Europe became obsessed with finding their own route to the Spice Islands, India and China; they wanted a way around the nations of Islam for direct trade with the East. This was the reason for Columbus's journey across the Atlantic, and all the other explorations of North and South America. Remember the North West Passage it was the north Europeans hope toward that goal. Not only were they interested in to profit of such an endeavourer, but they also desired economic power over Islam against which they had within memory fought 11 disastrous crusades that in the end gained them nothing. The second act. With the demise of the Ottoman Empire in WWI where Turkey (The Ottoman Empire) was allied with Germany in 1918 an enormous change took place. This was no less of a catastrophic than the fall of Constantinople in 1453. The nations of Islam were torn apart by Western European nations and divided up into colonial backwaters to be exploited at will by the French, British, Germans, Belgians, Dutch, and Italians. The British in particular proved to be the worst double dealers in the region when they first promised the Palestinans autonomy over Palestine for their military help against their Ottoman Turk enemies and before the ink on the treaty dried gave the same real estate to the Zionists with the Ballfour Declaration to Lord Rothschild president of the world Zionist Federation both in the same year. The third act. With the end of WWI all western nations began to change to fiat money, which gradually became un-supported by any hard assets. This decline started with FDR (D) in the '30's and ended with Nixon (R) on August 15 1971. I want you to be perfectly clear on the issue as to who was responsible for the decline of western currencies, and the dollar, the Republocrats were. That is not to say that plenty of blame went around at the bank of England, France, Holland, and the rest of Europe when they had their meeting in New Hampshire. After those act things started downhill on a real roll. In 1910 even before the war the banking industry in effort to monopolize the dollar had secret meetings to get the Federal Reserve Act of 1913 adopted. This had already by the '30's created a private banking monopoly over America's money. In gradual steps they went about dismantling the dollars tie to gold and silver and establishing a fiat money system. This was to create the FRS (Federal Reserve System) whose bogus name was made up by NY bankers to confuse the public. The FRS is not Federal, it is not a reserve because it has no reserves, and it is not a system but a corporation incorporated in the state of NY. For those who might be skeptical get a copy of the NY Times Sept 23 1914 for a list of all the stockholders. So we see that by 1971 the dollar was completely separated from any hard asset backing, this resulted in the sell-off of America's entire silver inventory at that time the largest in the world. Today it is non-existent having been entirely liquidated. The gold stock held at Fort Knox as well as in several Federal Reserve banks has also been depleted. In gradual steps the money was as in Rome, Constantinople, and every other empire gradually inflated until it became worthless. That is exactly where we are headed. We went from (paper) Gold and silver certificates, to fiat unconvertible by the issuing agencies (the banks) paper that has no backing or value. The Last act. In March of 2006 the FRS reported that beginning in June of that year the FRS would stop reporting on the M-3 money supply. This decision was monumental. The M-3 report supposedly outlined exactly how large an increase of fiat species was made in the previous quarter. In fact the report always was at least three quarters behind thus keeping pressure to a minimum, as the information was old news of almost one year ago. Never mind that at least it was a means to gage what the dollar might be worth. That beginning in June of 2006 is impossible. To think that all this information was not noticed by the Islamic world would be stupidity. And to anticipate that they will continue to accept worthless paper for their resources is sheer folly. They have maintained the Hawala system and that is what they will revert us to. This means the return to the gold Dinar as the means for the payment of all property. Make no mistake about this issue the gold Dinar is coming, and with it the gradual bankruptcy of the Western world. All the posturing by Blair and Bush the invasion of Iraq, the threats against Libya the threats of war against Iran and Syria all are part and parcel of the Geo-politics of money. None of them has a thing to do with terrorism or weapons of mass destruction. All this is the futile attempt by Washington and London to prevent the inevitable. The rising nationalistic Islamic pride in all of South-West Asia and the Middle East to on an international level to return East-West trade to the Hawala system with final settlement of payment in gold Dinars is not an issue that can be suspended or canceled. It will happen, probably sooner than later. The two possible solutions The West has only one option that is workable, and this alternative is very narrow. We can expand our wars of dominance in the Middle East, which will in short order totally bankrupt us. Europe will be out of the equation because they will be [already are] purchasing the bulk of their energy needs from SCO (Shanghai Cooperative Organization) nations (Russia China and various previous Soviet asset nations) probably with the inclusion of Libya who has just made a deal with the Russians for all their natural gas and oil, and Iran which is in negotiation for full membership with SCO. All this trade is in Euros. America is not able to militarily economically or financially carry such a conflict to successful conclusion. Thus our only real option is to return to the gold standard go back to our past monetary system that served the world and us so well for over 200 years. An afterthought There is one decisive warning here for all Americans. The last time gold was a major issue it was under the FDR administration resulting in government confiscation of all privately held gold not at market value but at value set by government which was miles below actual worth. Dr. Krieg latest book is Money a primer from all booksellers |