The Contract Act is the law of those "agreements" which create "obligations" , and in case of a breach of a promise by one party to the agreement, the other has a legal remedy. Thus, a contract consists of two elements:
(i) an "agreement"; and
(ii) legal "obligation", i.e., it should be enforceable at law.
However, there are some agreements which are not enforceable in a law court. Such agreements do not give rise to contractual obligations and are not contracts.
Examples
(1) A invites B for dinner in a restaurant. B accepts the invitation. On the appointed day, B goes to the restaurant. To his utter surprise A is not there. Or A is there.
LAW OF CONTRACTS
But refuses to entertain B. B has no remedy against A. In case A is present in the restaurant but B fails to turn-up, then A has no remedy against B.
(2) A gives a promise to his son to give him a pocket allowance of Rupees one hundred every month. In case A fails or refuses to give his son the promised amount, his son has no remedy against A.
In the above examples promises are not enforceable at law as there was no intention to create legal obligations. Such agreements are social agreements which do not give rise to legal consequences.
This shows that an agreement is a broader term than a contract. And, therefore, a contract is an agreement but an agreement is not necessarily a contract.
What obligations are contractual in nature? We have seen above that the law of contracts is not the whole law of agreements.
Similarly, all legal obligations are not contractual in nature. A legal obligation having its source in an agreement only will give rise to a contract.
Example
A agrees to sell his motor bicycle to B for Rs. 5,000. The agreement gives rise to a legal obligation on the part of A to deliver the motor bicycle to B and on the part of B to pay Rs. 5,000 to A.
The agreement is a contract. If A does not deliver the motor bicycle, then B can go to a court of law and file a suit against A for non-performance of the promise on the part of A.
On the other hand, if A has already given the delivery of the motor bicycle and B refuses to make the payment of price, A can go to the court of law and file a suit against B for non-performance of promise.
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An obligation which does not have its origin in an agreement does not give rise to a contract. Some of such obligations are:
1. Torts or civil wrongs;
2. Quasi-contract;
3. Judgements of courts, i.e., Contracts of Records;
4. Relationship between husband and wife, trustee and beneficiary, i.e., status obligations.
These obligations are not contractual in nature, but are enforceable in a court of law.
Salmond has rightly observed: “The law of Contracts is not the whole law of agreements nor is it the whole law of obligations. It is the law of those agreements which create obligations, and those obligations which have, their source in agreements.”
Law of Contracts creates rights in personam as distinguished from rights in rem. Rights in rem are generally in regard to some property as for instance to recover land in an action of ejectment.
Such rights are available against the whole world. Rights in personam areagainst or in respect of a specific person and not against the world at large.
Tuesday, 31 July 2012
Definition - Agent
A person who acts on behalf of another, in particular.
A person who manages business, financial, or contractual matters for an actor, performer, or writer.
A person who manages business, financial, or contractual matters for an actor, performer, or writer.
Strawperson - From Wikipedia, the free encyclopedia
Original Article: "Strawperson" http://en.wikipedia.org/wiki/Strawperson
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A strawperson or straw man is a figure not intended to have a genuine beneficial interest in a property, to whom such property is nevertheless conveyed in order to facilitate a more complicated transaction at law.
The unity of time rule requires a joint tenancy be granted both parties at the same time. When the current owner of a property wishes to create a joint tenancy with another party, the grantor conveys the property to a strawperson (often a lawyer or the lawyer's secretary), who in turn creates a second deed conveying property to the original grantor and their desired joint tenant(s).
A strawperson at times is someone engaging in some other kind of transaction where the principal remains hidden or to do something else which is not allowed.
A straw person is also "a person of no means," or one who deliberately accepts a liability or other monetary responsibility without the resources to fulfill it, usually to shield another party.
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A strawperson or straw man is a figure not intended to have a genuine beneficial interest in a property, to whom such property is nevertheless conveyed in order to facilitate a more complicated transaction at law.
The unity of time rule requires a joint tenancy be granted both parties at the same time. When the current owner of a property wishes to create a joint tenancy with another party, the grantor conveys the property to a strawperson (often a lawyer or the lawyer's secretary), who in turn creates a second deed conveying property to the original grantor and their desired joint tenant(s).
A strawperson at times is someone engaging in some other kind of transaction where the principal remains hidden or to do something else which is not allowed.
A straw person is also "a person of no means," or one who deliberately accepts a liability or other monetary responsibility without the resources to fulfill it, usually to shield another party.
Fiduciary
Original Article: 'Fiduciary' http://www.investopedia.com/terms/f/fiduciary.asp/
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Definition of 'Fiduciary'
1. A person legally appointed and authorized to hold assets in trust for another person. The fiduciary manages the assets for the benefit of the other person rather than for his or her own profit.
2. A loan made on trust rather than against some security or asset.
Investopedia explains 'Fiduciary'
1. Children or elderly people typically need a fiduciary. The person who looks after the assets on the other's behalf is expected to act in the best interests of the person whose assets they are in charge of.
This is known as "fiduciary duty".
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Definition of 'Fiduciary'
1. A person legally appointed and authorized to hold assets in trust for another person. The fiduciary manages the assets for the benefit of the other person rather than for his or her own profit.
2. A loan made on trust rather than against some security or asset.
Investopedia explains 'Fiduciary'
1. Children or elderly people typically need a fiduciary. The person who looks after the assets on the other's behalf is expected to act in the best interests of the person whose assets they are in charge of.
This is known as "fiduciary duty".
Monday, 30 July 2012
How U.S. Gold Reserves Were Stolen
Original Article: "How U.S. Gold Reserves Were Stolen" http://www.apfn.org/apfn/reserve2.htm
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The Coinage Act of 1792 established a dollar consisting of 371.25 grains of pure silver, but was later replaced with a gold dollar consisting of 25.8 grains of gold. In 1873, the Coinage Act was passed, prohibiting the use of Silver as a form of currency, because the quantity being discovered was driving the value down. In 1875, after temporarily suspending gold convertibility during the Civil War "greenback" period, the U.S. was put more firmly on the gold standard by the Gold Standard Act of 1900. From 1900 to 1933, gold was coined by the U.S. Mint, and our paper currency was tied into the amount of gold held in the U.S. Treasury reserves.
In July, 1927, the directors of the Bank of England [ Montagu Norman], the New York Federal Reserve Bank [Benjamin Strong], and the German Reichsbank [Hjalmar Schacht], met to plan a way to get the gold moved out of the United States, and it was this movement of gold which helped trigger the depression. By 1928, nearly $500 million in gold was transferred to Europe.
President Franklin D. Roosevelt accepted the advice of England 's leading economist, John Maynard Keynes (1883-1946), a member of the Illuminati [also a socialist and a homosexual --ed], who said that deficit spending would be a shot in the arm to the economy. Most of the New Deal spending programs to fight economic depression, were based on Keynes theories on deficit spending, and financed by borrowing against future taxes. In 1910, Lenin said: "The surest way to overthrow an established social order is to debauch its currency." Nine years later, Keynes wrote:
"Lenin was certainly right, there is no more positive, or subtler, no surer means of overturning the existing basis of society than to debauch the currency ... The process engages all of the hidden forces of economic law on the side of destruction, and does it in a manner that not one man in a million is able to diagnose."
A Presidential Executive Order by Roosevelt on April 5, 1933, required all the people to exchange their gold coins, gold bullion, and gold-backed currency for money that was not redeemable in precious metals. The Gold Reserve Act of 1934, known as the Thomas Amendment which amended the Act of May 12, 1933, made it illegal to possess any gold currency (which was [finally] rescinded December 31, 1974). Gold coinage was withdrawn from circulation and kept in the form of bullion. Just as the public was to return all their gold to the U.S. Government, so was the Federal Reserve. However, while the people received $20.67 per ounce in paper money issued by the Federal Reserve, the Reserve was paid in Gold Certificates. Now the Federal Reserve and the Illuminati had control of all the gold in the country.
In 1934, the value of gold [was increased by FDR] to $35 an ounce, which produced a $3 billion profit for the Government. But when the price of gold increases, the value of the dollar decreases. Our dollar has not been worth 100 cents since 1933, when we were taken off of the Gold Standard. In 1974, our dollar was worth 38 cents, and in 1983 it was only worth 22 cents. In 2002, it took $13.88 to buy what cost $1.00 in 1933. Since our money supply had been limited to the amount of gold in Treasury reserves, when the value of the dollar decreased, more money was printed.
The Bretton Woods Monetary Conference (1944)
The first United Nations Monetary and Financial Conference, held in Bretton Woods, New Hampshire, from July 1 to July 22, 1944, which was under the direction of Harry Dexter White (CFR member, and undercover Russian spy), established the policies of the International Monetary Fund. Its goals were to strip the United States of its gold reserves by giving it to other nations, and to merge with their industrial capabilities as well as their economic, social, educational and religious policies to facilitate a one-world government.
Because of paying off foreign obligations and strengthening foreign economies, between 1958 and 1968, the amount of gold bullion in the possession of the U.S. Treasury dropped by 52%. Of the amount remaining, $12 billion was reserved by law for backing the paper money in circulation. Our money had been backed by a 25% gold reserve in accordance to a law that was passed in 1945, but it was rescinded in 1968. The amount of gold slipped from 653.1 million troy ounces in 1957, to 311.2 million ounces in 1968, which according to the Treasury Department, was due to sales to foreign banking institutions, sales to domestic producers, and the buying and selling of gold on the world market to stabilize prices. This was a loss of 341.9 million troy ounces. In August, 1971, gold was used only for world trade, because foreign countries wouldn't accept U.S. dollars. As of November, 1981, sources had indicated that the gold reserve had dropped to 264.1 million troy ounces.
Title 31 of the U.S. Code, requires an annual physical inventory of our gold supply, but a complete audit was never done, so officially, nobody knows what has occurred. After World War II, America had 70% of the World's supply of loose gold, but today, we may have less than 7%. Sen. Jesse Helms seemed to think that the OPEC nations have our gold, while others believe that 70% of the world's gold supply is being held by the World Bank, which is dominated by the financial grip of the Rothschilds and the Rockefellers.
Some years ago, I had been contacted by a gentleman in Michigan whose research indicated that counterfeit $5,000 and $10,000 Federal Reserve Notes had been used to steal U.S. gold reserves. Illegal to own, these notes are actually checks which are used to transfer ownership of large amounts of gold without actually moving the gold itself. Using public records, he found the serial numbers of the bills which were originally printed and discovered that there are now more in existence.
It has been reported that 40% (13,000 tons) of the world's gold is five levels below street level in a sub-basement of the New York Federal Reserve Bank, behind a 90-ton revolving door. Some of it is American-owned, but most is owned by the central banks of other countries. It is stored in separate cubicles, and from time to time, is moved from one cubicle to another to satisfy international transactions.
The Destructive Effects of Fiat Money Inflation
The 1929 series of Federal Reserve notes said:
"Redeemable in gold on demand at the United States Treasury, or in gold or lawful money at any Federal Reserve Bank." This was just like the Silver Certificate, which was guaranteed by a dollar in silver that was on deposit.
The 1934 series of notes said:
"This note is legal tender for all debts, public and private, and is redeemable in lawful money at the United States Treasury, or at any Federal Reserve Bank."
The 1950 series:
Kept the same wording, but reduced it to three lines, and reduced the size of the type.
The 1953 series:
The wording was totally removed, although the bottom portion contained a promise to "pay the bearer on demand."
The 1963 series:
Even this wording was removed, and our dollars became nothing more than worthless pieces of paper because they no longer met the legal requirements of a note, which must list an issuing bank, and amount payable, a payee or "bearer," and a time for payment or "on demand."
After March, 1964 , silver certificates were no longer convertible to silver dollars; and in March, 1968, near the conclusion of the Johnson Administration, silver backing of the dollar was removed.
Since 1933, the Federal Reserve has been printing too much money, compared to the declining Gross National Product (GNP). The GNP is the accumulated values of services and goods produced in the country. If the GNP is 4%, then the money produced should only be about 5-6%, thus insuring enough money to keep the goods produced by the GNP in circulation. Additional social services, which are promised during election year rhetoric to gain votes, increase the Federal Budget, so more money is printed. Then the Government will cut the Budget, establish wage and price controls. The extra money in circulation decreases the value of the dollar, and prices go up. Simply put, too much money in circulation causes inflation, and that is what the Reserve is doing, purposely printing too much money in order to destroy the economy. On the other hand, if they would stop printing money, our economy would collapse.
The Federal Reserve is responsible for setting the interest rate that member banks can borrow from the Reserve, thus controlling the interest rates of the entire country. So, what it boils down to is that the Federal Reserve determines the amount of money needed, which is created by the International Bankers out of nothing. Besides the face value, they charge the government 3¢ to produce each bill. The Federal government pays the Reserve in bonds (which are also printed by the Reserve), and then pay the bonds off at a high rate of interest. That interest will very soon become the largest item in the Federal Budget.
William McChesney Martin, a member of the Council on Foreign Relations (CFR), and Chairman of the Federal Reserve during the "New Frontier" years of the Kennedy Administration, testified to the Federal Banking Committee that the value of the dollar was being scientifically brought down each year by 3% to 3.5% in order to allow wages to "go up". The reasoning behind this was that the people were being made to think that they were getting more when in fact they were actually getting less.
The Congress has also contributed to this process by approving Federal Budgets year after year which requires the printing of more money to finance the debt, which by the end of 2003 was over $6,900,000,000,000 ($6.9 trillion). When Wilson was President, the debt was about $1 billion and in 1974, the debt was about $1 trillion [a thousand-fold increase in only 60 years --ed].
Congressional Attempts to Control the Fed
In 1937, Rep. Charles G. Binderup of Nebraska, realizing the consequences of the Federal Reserve System, called for the Government to buy all the stock, and to create a new Board controlled by Congress to regulate the value of the currency and the volume of bank deposits, thus eliminating the Fed's independence. He was defeated for re-election. Others have also tried to introduce various Bills to control the Federal Reserve: Rep. Goldborough (1935), Rep. Jerry Voorhis of California (1940, 1943), Sen. M. M. Logan of Kentucky, and Rep. Usher L. Burdick of North Dakota .
Rep. Wright Patman of Texas (who was the House Banking Chairman until 1975), said in 1952:
"In fact there has never been an independent audit of either the twelve banks of the Federal Reserve Board that has been filed with the Congress ... For 40 years the system, while freely using the money of the government, has not made a proper accounting."
Patman said that the Federal Open Market Committee (who, in addition to the Board of Governors, decides the country's monetary policy) is "one of the most secret societies. These twelve men decide what happens in the economy ... In making decisions they check with no one -- not the President, not the Congress, not the people."
Patman also said:
"In the United States we have, in effect, two governments ... We have the duly constituted Government ... Then we have an independent, uncontrolled and uncoordinated government in the Federal Reserve System, operating the money powers which are reserved to Congress by the Constitution."
During his career, Patman sought to force the Fed to allow an independent audit, lessen the influence of the large banks, shorten the terms of the Fed Governors, expose it to regular Congressional review just like any other Federal agency, and to have only officials nominated by the President and confirmed by Congress to be on the Federal Open Market Committee. In 1967, Patman tried to have them audited, and on January 22, 1971, introduced H.R. 11, which would have altered its organization, diminishing much of its power.
He was later removed from the Chairmanship of the House Banking and Currency Committee, which he held for years.
On January 22, 1971, Rep. John R. Rarick of Louisiana introduced H.R. 351: "To vest in the Government of the United States the full, absolute, complete, and unconditional ownership of the twelve Federal Reserve Banks." He said: "The Federal Reserve is not an agency of government. It is a private banking monopoly." He was later defeated for re-election.
During the 1980's, Rep. Phil Crane of Illinois introduced House Resolution H.R. 70 that called for an annual audit of the Fed (which never came to a full vote), and Rep. Henry Gonzales of Texas introduced H.R. 1470, that called for the repeal of the Federal Reserve Act.
The Federal Reserve System has never been audited, and their meetings, and minutes of those meetings, are not open to the public.
They have repelled all attempts to be audited. In 1967, Arthur Burns, the Chairman of the Federal Reserve, said that an audit would threaten the "independence" of the Reserve.
The Fed in the 1970s and 1980s
In 1979, after dismissing Secretary of Treasury Michael Blumenthal, President Jimmy Carter offered the position to American Illuminati chief David Rockefeller, the CEO of Chase Manhattan Bank, but he turned it down [as he had previously turned down the offer from Nixon]. He also turned down the nomination for the Chairmanship of the Federal Reserve Board.
Carter then appointed Paul Volcker as Chairman. Volcker graduated from Princeton with a degree in Economics, and from Harvard with a degree in Public Administration. He was an economist with the Federal Reserve Bank of New York (1952-57), worked at the Chase Manhattan Bank (1957-61), was with the U.S. Treasury Department (1961-65), Deputy Under Secretary for Monetary Affairs (1963-65), Under Secretary for Monetary Affairs (1969-74), and President of the New York Federal Reserve Bank (1975-79).
When Volcker was in the Nixon Administration as the Under Secretary for Monetary Policy and International Affairs, the executive branch official who works most closely with the Federal Reserve, he and Treasury Secretary John Connally helped formulate the policy that took us off the gold standard in 1971, because of the dwindling gold reserves at Fort Knox. Volcker was chosen because he was the "candidate of Wall Street." He was a member of the Trilateral Commission, and a major Rockefeller supporter.
Bert Lance, the Georgia banker and political advisor to Carter who became his Budget Director and was later forced to resign...said that if Volcker was appointed he would be "mortgaging his re-election to the Federal Reserve." Lance predicted that he would bring high interest rates and high unemployment. He was confirmed by the Senate Banking Committee in August, 1979, replacing Arthur Burns, an Austrian-born economist who was a CFR member with close ties to the Rockefellers. Volcker was against a gold-backed dollar or gold being used as a form of currency. He attempted to tighten the money situation in order to curb the 10% annual growth in the money supply, and to ease the pressure of loan demand. The result [of his policy] was a dramatic increase in interest rates, which climbed to 13.5% by September, 1979, and then soared to 21.5% by December, 1980.
[We may speculate] that this economic decline was purposely engineered to cause the political decline of Carter. In response to the rising interest rates, Carter said:
"As you well know, I don't have control over the Fed, none at all.
It's carefully isolated from any influence by the President or the Congress. This has been done for many generations and I think it's a wise thing to do."
During the 1970's, many banks had left the Federal Reserve, and in December, 1979, Volcker told the House Banking Committee that "300 banks with deposits of $18.4 billion have quit the Fed within the past 4-1/2 years," and that another 575 of the remaining 5,480 member banks, with deposits of $70 billion, had indicated that they intended to withdraw. He said that this would curtail their control over the money supply, and that led Congress, in 1980, to pass the Monetary Control Act, which gave the Federal Reserve control of all banking institutions, regardless if they are members or not.
Even though inflation had skyrocketed to all-time highs, Reagan kept Volcker on. It was Volcker who started the collapse of the U.S. economy.
Alan Greenspan, who became the Chairman of the Federal Reserve Board in 1987, is [also] a member of the Council on Foreign Relations. He has a bachelor's and master's degree, and a doctorate in Economics from New York University. He met Ayn Rand, the author of Atlas Shrugged, in 1952 and they became friends. It is from her that he learned that capitalism "is not only efficient and practical, but also moral." In February, 1995, the seventh increase in the interest rate, within the period of a year, took place. This put Greenspan in the limelight, as well as the Federal Reserve. It was very interesting how the media spin doctors churned out information that totally skirted the issue concerning the Fed's actual role in controlling our economy.
Predictions of Monetary Disaster
In the mid-1970's, Paper 447, Article 3, from the World Bank said that the world economy would be fairly stable until 1980 when it would begin falling, in domino fashion. On October 29, 1975, the Wall Street Journal printed a comment by H. Johannes Witteveen, Managing Director of the United Nation's International Monetary Fund, that the IMF "ought to evolve into a World Central Bank ... to prevent inflation." Dr. H. A. Murkline, Director of the International Institute University in Irving, Texas, wrote in World Oil: 1976 that he projected that the Federal Government could only hold out till the end of 1981. Dow Theory Letters, Inc. reported that by 1982, the cost of dealing with the national debt "would eat up all the government tax money available."
The Robbins Report of January 15, 1978, said: "If Carter introduces Bancor, which will be the yielding of our dollar to the ECU (European Currency Unit), this is what will happen: look for hyperinflation and collapse of all the world's paper money before 1985." Julian Snyder said in the International Money Line of February, 1978: "The United States is trying to solve its problem through currency depreciation (debasement) ... it will not work. If the crash does not occur this year, it could be postponed until 1982."
On March 13, 1979, while meeting at Strasbourg, France, the Parliament of Europe, which governs the European Economic Community (Common Market), oversaw the establishment of a new European money system. Known as the ECU, it was backed by 20% of the participating countries" gold reserves (about 3,150 tons). What little strength our dollar had, came from the fact that all nations buying oil from OPEC, had to use U.S. dollars. Then came the word in March, 1980, from Arab diplomatic sources at the United Nations that the Chase Manhattan Bank was making plans to drop the dollar in [favor] of the ECU.
Dr. Franz Pick, a well known authority on world currency, said in December, 1979, in the Silver and Gold Report:
"The most serious problem we face today is the debasement of our currency by the government. The government will continue to debase the dollar until ... within 12-24, months it will shrink to 1 cent ... at which time Washington will be forced to create the new hard currency ... A currency reform is nothing but a fancy name for state bankruptcy ... A currency reform completes the expropriation of all kinds of savings ... it will wipe out all public and private bonds, most pensions; all annuities, and all endowments."
Against all odds, our economy has continued to hang on even though financial analysts have continued to forecast disastrous conditions.
In 1993, Sen. Bob Kerrey (Democrat, NE) promised to support President Bill Clinton's Budget Plan, if Clinton would appoint a Committee to study the condition of the American economy. The President established a 32-member bipartisan committee and in August, 1994, they issued their report. According to the committee's findings, by the year 2012, unless drastic changes are made, we won't even be able to pay the interest on the national debt. Knowing this, the federal government has allowed the trend to continue, almost as if they're trying to run our economy into the ground. It seems obvious that the destruction of the American economy has been part of a deliberate plot to financially enslave our nation.
The New U.S. Currency
In the late 1970's, it was [rumored that replacement currency had] already been printed and stored at the Federal Emergency Relocation Facility in Culpepper, Virginia, which is built into the side of a mountain, and would be able to continue functioning during the aftermath of a nuclear or natural disaster; and at the 200,000 sq. ft. Federal underground facility in Mt. Weather, Virginia (near Berryville), which is the primary relocation area for the President, Cabinet Secretaries, Supreme Court Justices, and several thousand federal employees (Congress would be relocated to an underground facility in White Sulphur Springs, West Virginia). It is believed that when our monetary system is finally destroyed, a reorganization will occur within the confines of a world government, and new money will be issued.
Rep. Ron Paul, Republican from Texas, who was on the Committee on Banking, Finance and Urban Affairs, wrote about the new money in a [1983] letter to Charles T. Roberts, Executive Vice-President of the Hull State Bank in Texas:
"In a closed briefing for the members of the House Banking Committee on November 2nd, representatives of the Bureau of Engraving and Printing, the Federal Reserve, and the Secret Service described plans for making changes in Federal Reserve Notes beginning in 1985 (although the long range target is 1988) ... These changes, which will probably include taggents, security threads, and colors, and may include holograms, diffraction gratings, or watermarks, will be made in coordination with six other nations: Canada, Britain, Japan, Australia, West Germany and Switzerland.
Japan, for example, will begin recalling its present currency in November, 1984, and have it nearly completed within six months ... According to the government, the only reason for the currency changes is to deter counterfeiting. Although it was admitted by one spokesman in the group that there would have to be a call-in of our present currency for new currency to work, the spokesmen for the government were adamant in saying that there was no other motive for a currency change..."
According to law, only the Treasury Secretary has the authority to change the currency. Over $3 million was spent under "counterfeit prevention" authority for the development of the new money, which according to the Currency Design Act (H.R. 6005) hearings, would be issued by the Federal Reserve Board. In a July, 1983 market survey in Buena Park, California, people were shown proposed designs for "new U.S. dollar bills." The variations shown, consisted of each denomination being a different color; Federal Reserve seals replaced with a design utilizing reflective ink; and other optical devices like holograms (a process which produces a three-dimensional image which can change color depending on the angle it is viewed), and multilayer diffraction gratings (similar to a hologram); as well as bills containing metal security threads, and planchettes (red and blue colored discs incorporated into the paper, similar to threads) to trigger scanning equipment which would detect its presence, and to sort cash faster.
By the end of 1983, [the Fed] had received 110 new machines which could count up to 72,000 bills per minute each. Jane Kettleson, an economic consultant to the U.S. Paper Exchange, said that "the Fed will have the capability to physically replace the entire U.S. currency in circulation in just four days time."
It was shown that a drastic change would not be accepted, so a process of incrementalism was adopted. It was decided that the Bureau of Printing and Engraving would have a fine metallic strip running through the currency, leaving the basic design intact; however, they later decided to use a clear imprinted polyester strip, woven into the paper, running vertically on the left side of the Federal Reserve Seal. The length of the translucent polyester filament reads "USA100" for $100 bills, "USA50" for $50 bills, and so on; and can only be read if held up to direct light. It was reported that a company called Checkmate Electronics, Inc., which manufactures the equipment needed to scan checks, scanned the new money, and found the strip to contain "machine detectable" aluminum. Their scan produced an indecipherable bar code.
Though the basic design did not change, there was microscopic type printed around the picture which reads, "The United States of America," but appeared to only be a line. This currency with oversized, off-center portraits, was introduced in 1996 with the $100 bills, then $50 bills and $20 bills (1998), and culminated with $10's and $5's in 2000. The Government discontinued printing any of the old money, and began emptying their vaults to get rid of the old bills.
The old money was never recalled, and continued to be circulated.
Then in June, 2002, only a few years after the last makeover, the rumors of colored money became a fact, as the Bureau of Engraving and Printing announced that further changes were being made to our money for security reasons. In October, 2003, the new, colored $20 bill (the most counterfeited note), was introduced. The new bill retained the security thread, color-shifting ink, and watermark; but also had the colors of green and peach added to its background, as well as small yellow "20's" printed on the back. The new $50 and $100 bills will be coming in 2004 and 2005.
Some financial experts have theorized that when every denomination is changed over, that the business sector may not want to accept old bills which would then become worthless and could create a financial emergency. But Federal officials have said that the old money would be accepted, but scrutinized. It has been suggested that the government could really take advantage of the situation, that in order for people to exchange their old money for new, an exchange rate may be determined which would benefit the economy. For example, it may take two old dollars to exchange for a new one. It is possible that we may be experiencing the final transition to the "new money."
[snip]
Worldwide Currency Changes
International cooperation has been intense to coordinate currency changes among its member governments. In 1985, officials from the Morgan Bank in New York met with the Credit Lyonnais Bank in France. They established the European Currency Unit Banking Association (ECUBA), to get world cooperation for a unified currency, and had support from bankers in Europe, Japan, and the United States. It was an offshoot of the Banking Federation of the European Community (BFEC), which has been engaged in shutting down small banks in order to develop a conglomerate of a few huge banks. In October, 1987, the Association for the Monetary Union of Europe (AMUE) secretly met and recommended that the ECU (European Currency Unit) replace existing national currencies and that all European Central Banks be combined into one and issue the ECU [Euro] as the official unified currency (which occured on schedule in the year 2000).
It is believed that the plan is to [ultimately] have only three central banks in the world: The [U.S.] Federal Reserve Bank, the European Central Bank, and the Central Bank of Japan. In a June, 1989 hearing of the Senate Banking Securities Subcommittee, Alan Greenspan, Chairman of the Federal Reserve, said that exchange rates could be fixed in order to solve the problem of uniformity between the currencies of various nations.
Many countries have issued new money, such as Switzerland, the United Kingdom, Japan, Canada, France, Germany, Australia, and Brazil. Of the countries that already had, most currencies had a common 1" square, usually on the left side of the bill. Held over a light, a hologram appears on the spot, barely visible to the naked eye, which cannot be reproduced on a copier. It is believed that this spot is being reserved for a central World Bank overprint. They also contain metallic strips that can be detected when they pass through scanners at airports and international borders.
[snip]
The institution of a common world-wide currency may be delayed because of the possibility of moving right to a cashless system, making paper money obsolete. The Visa MagiCard was the first step towards a national debit card. With this card, you could make purchases at any of the 10 million merchants who accepted Visa, and have the amount electronically deducted from your checking account. Financial experts said at the time, that within only a few years, there would be more debit cards than credit cards. Since then, there has been a massive campaign to promote debit cards, and a move to accommodate their use in all areas of life.
More and more banks have decided not to return people's cancelled checks, because of the expense to do so; and it seems likely that there is a plan underway to gradually move away from the use of paper checks. With the existence of debit cards, and the fact that credit cards are so easily attainable, there's no doubt that we"re being pushed into an electronic economy of Direct Deposit and Automatic Withdrawal. When total saturation has been achieved, then the stage will be set. Sure, it's really convenient to whip out a piece of plastic to buy things, and to have all your financial affairs handled through the bank's computer system. But do you realize, that when their plan is complete, you will be nothing more than a number in a computer. Everything you do can be tracked; and with a click of a mouse, or the press of a button, you could be denied access to your own money.
Conclusion
In a letter to Edward M. House (President Wilson's closest aide), dated November 23, 1933, Franklin D. Roosevelt said:
"The real truth of the matter is, and you and I know, that a financial element in the large centers has owned the government of the U.S. since the days of Andrew Jackson."
Henry Ford, founder of the Ford Motor Company, said:
"It is well enough that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."
In 1957, Sen. George W. Malone of Nevada said before Congress about the Federal Reserve:
"I believe that if the people of this nation fully understood what Congress has done to them over the past 49 years, they would move on Washington: they would not wait for an election ... It adds up to a preconceived plan to destroy the economic and social independence of the United States."
===================================================================
The Coinage Act of 1792 established a dollar consisting of 371.25 grains of pure silver, but was later replaced with a gold dollar consisting of 25.8 grains of gold. In 1873, the Coinage Act was passed, prohibiting the use of Silver as a form of currency, because the quantity being discovered was driving the value down. In 1875, after temporarily suspending gold convertibility during the Civil War "greenback" period, the U.S. was put more firmly on the gold standard by the Gold Standard Act of 1900. From 1900 to 1933, gold was coined by the U.S. Mint, and our paper currency was tied into the amount of gold held in the U.S. Treasury reserves.
In July, 1927, the directors of the Bank of England [ Montagu Norman], the New York Federal Reserve Bank [Benjamin Strong], and the German Reichsbank [Hjalmar Schacht], met to plan a way to get the gold moved out of the United States, and it was this movement of gold which helped trigger the depression. By 1928, nearly $500 million in gold was transferred to Europe.
President Franklin D. Roosevelt accepted the advice of England 's leading economist, John Maynard Keynes (1883-1946), a member of the Illuminati [also a socialist and a homosexual --ed], who said that deficit spending would be a shot in the arm to the economy. Most of the New Deal spending programs to fight economic depression, were based on Keynes theories on deficit spending, and financed by borrowing against future taxes. In 1910, Lenin said: "The surest way to overthrow an established social order is to debauch its currency." Nine years later, Keynes wrote:
"Lenin was certainly right, there is no more positive, or subtler, no surer means of overturning the existing basis of society than to debauch the currency ... The process engages all of the hidden forces of economic law on the side of destruction, and does it in a manner that not one man in a million is able to diagnose."
A Presidential Executive Order by Roosevelt on April 5, 1933, required all the people to exchange their gold coins, gold bullion, and gold-backed currency for money that was not redeemable in precious metals. The Gold Reserve Act of 1934, known as the Thomas Amendment which amended the Act of May 12, 1933, made it illegal to possess any gold currency (which was [finally] rescinded December 31, 1974). Gold coinage was withdrawn from circulation and kept in the form of bullion. Just as the public was to return all their gold to the U.S. Government, so was the Federal Reserve. However, while the people received $20.67 per ounce in paper money issued by the Federal Reserve, the Reserve was paid in Gold Certificates. Now the Federal Reserve and the Illuminati had control of all the gold in the country.
In 1934, the value of gold [was increased by FDR] to $35 an ounce, which produced a $3 billion profit for the Government. But when the price of gold increases, the value of the dollar decreases. Our dollar has not been worth 100 cents since 1933, when we were taken off of the Gold Standard. In 1974, our dollar was worth 38 cents, and in 1983 it was only worth 22 cents. In 2002, it took $13.88 to buy what cost $1.00 in 1933. Since our money supply had been limited to the amount of gold in Treasury reserves, when the value of the dollar decreased, more money was printed.
The Bretton Woods Monetary Conference (1944)
The first United Nations Monetary and Financial Conference, held in Bretton Woods, New Hampshire, from July 1 to July 22, 1944, which was under the direction of Harry Dexter White (CFR member, and undercover Russian spy), established the policies of the International Monetary Fund. Its goals were to strip the United States of its gold reserves by giving it to other nations, and to merge with their industrial capabilities as well as their economic, social, educational and religious policies to facilitate a one-world government.
Because of paying off foreign obligations and strengthening foreign economies, between 1958 and 1968, the amount of gold bullion in the possession of the U.S. Treasury dropped by 52%. Of the amount remaining, $12 billion was reserved by law for backing the paper money in circulation. Our money had been backed by a 25% gold reserve in accordance to a law that was passed in 1945, but it was rescinded in 1968. The amount of gold slipped from 653.1 million troy ounces in 1957, to 311.2 million ounces in 1968, which according to the Treasury Department, was due to sales to foreign banking institutions, sales to domestic producers, and the buying and selling of gold on the world market to stabilize prices. This was a loss of 341.9 million troy ounces. In August, 1971, gold was used only for world trade, because foreign countries wouldn't accept U.S. dollars. As of November, 1981, sources had indicated that the gold reserve had dropped to 264.1 million troy ounces.
Title 31 of the U.S. Code, requires an annual physical inventory of our gold supply, but a complete audit was never done, so officially, nobody knows what has occurred. After World War II, America had 70% of the World's supply of loose gold, but today, we may have less than 7%. Sen. Jesse Helms seemed to think that the OPEC nations have our gold, while others believe that 70% of the world's gold supply is being held by the World Bank, which is dominated by the financial grip of the Rothschilds and the Rockefellers.
Some years ago, I had been contacted by a gentleman in Michigan whose research indicated that counterfeit $5,000 and $10,000 Federal Reserve Notes had been used to steal U.S. gold reserves. Illegal to own, these notes are actually checks which are used to transfer ownership of large amounts of gold without actually moving the gold itself. Using public records, he found the serial numbers of the bills which were originally printed and discovered that there are now more in existence.
It has been reported that 40% (13,000 tons) of the world's gold is five levels below street level in a sub-basement of the New York Federal Reserve Bank, behind a 90-ton revolving door. Some of it is American-owned, but most is owned by the central banks of other countries. It is stored in separate cubicles, and from time to time, is moved from one cubicle to another to satisfy international transactions.
The Destructive Effects of Fiat Money Inflation
The 1929 series of Federal Reserve notes said:
"Redeemable in gold on demand at the United States Treasury, or in gold or lawful money at any Federal Reserve Bank." This was just like the Silver Certificate, which was guaranteed by a dollar in silver that was on deposit.
The 1934 series of notes said:
"This note is legal tender for all debts, public and private, and is redeemable in lawful money at the United States Treasury, or at any Federal Reserve Bank."
The 1950 series:
Kept the same wording, but reduced it to three lines, and reduced the size of the type.
The 1953 series:
The wording was totally removed, although the bottom portion contained a promise to "pay the bearer on demand."
The 1963 series:
Even this wording was removed, and our dollars became nothing more than worthless pieces of paper because they no longer met the legal requirements of a note, which must list an issuing bank, and amount payable, a payee or "bearer," and a time for payment or "on demand."
After March, 1964 , silver certificates were no longer convertible to silver dollars; and in March, 1968, near the conclusion of the Johnson Administration, silver backing of the dollar was removed.
Since 1933, the Federal Reserve has been printing too much money, compared to the declining Gross National Product (GNP). The GNP is the accumulated values of services and goods produced in the country. If the GNP is 4%, then the money produced should only be about 5-6%, thus insuring enough money to keep the goods produced by the GNP in circulation. Additional social services, which are promised during election year rhetoric to gain votes, increase the Federal Budget, so more money is printed. Then the Government will cut the Budget, establish wage and price controls. The extra money in circulation decreases the value of the dollar, and prices go up. Simply put, too much money in circulation causes inflation, and that is what the Reserve is doing, purposely printing too much money in order to destroy the economy. On the other hand, if they would stop printing money, our economy would collapse.
The Federal Reserve is responsible for setting the interest rate that member banks can borrow from the Reserve, thus controlling the interest rates of the entire country. So, what it boils down to is that the Federal Reserve determines the amount of money needed, which is created by the International Bankers out of nothing. Besides the face value, they charge the government 3¢ to produce each bill. The Federal government pays the Reserve in bonds (which are also printed by the Reserve), and then pay the bonds off at a high rate of interest. That interest will very soon become the largest item in the Federal Budget.
William McChesney Martin, a member of the Council on Foreign Relations (CFR), and Chairman of the Federal Reserve during the "New Frontier" years of the Kennedy Administration, testified to the Federal Banking Committee that the value of the dollar was being scientifically brought down each year by 3% to 3.5% in order to allow wages to "go up". The reasoning behind this was that the people were being made to think that they were getting more when in fact they were actually getting less.
The Congress has also contributed to this process by approving Federal Budgets year after year which requires the printing of more money to finance the debt, which by the end of 2003 was over $6,900,000,000,000 ($6.9 trillion). When Wilson was President, the debt was about $1 billion and in 1974, the debt was about $1 trillion [a thousand-fold increase in only 60 years --ed].
Congressional Attempts to Control the Fed
In 1937, Rep. Charles G. Binderup of Nebraska, realizing the consequences of the Federal Reserve System, called for the Government to buy all the stock, and to create a new Board controlled by Congress to regulate the value of the currency and the volume of bank deposits, thus eliminating the Fed's independence. He was defeated for re-election. Others have also tried to introduce various Bills to control the Federal Reserve: Rep. Goldborough (1935), Rep. Jerry Voorhis of California (1940, 1943), Sen. M. M. Logan of Kentucky, and Rep. Usher L. Burdick of North Dakota .
Rep. Wright Patman of Texas (who was the House Banking Chairman until 1975), said in 1952:
"In fact there has never been an independent audit of either the twelve banks of the Federal Reserve Board that has been filed with the Congress ... For 40 years the system, while freely using the money of the government, has not made a proper accounting."
Patman said that the Federal Open Market Committee (who, in addition to the Board of Governors, decides the country's monetary policy) is "one of the most secret societies. These twelve men decide what happens in the economy ... In making decisions they check with no one -- not the President, not the Congress, not the people."
Patman also said:
"In the United States we have, in effect, two governments ... We have the duly constituted Government ... Then we have an independent, uncontrolled and uncoordinated government in the Federal Reserve System, operating the money powers which are reserved to Congress by the Constitution."
During his career, Patman sought to force the Fed to allow an independent audit, lessen the influence of the large banks, shorten the terms of the Fed Governors, expose it to regular Congressional review just like any other Federal agency, and to have only officials nominated by the President and confirmed by Congress to be on the Federal Open Market Committee. In 1967, Patman tried to have them audited, and on January 22, 1971, introduced H.R. 11, which would have altered its organization, diminishing much of its power.
He was later removed from the Chairmanship of the House Banking and Currency Committee, which he held for years.
On January 22, 1971, Rep. John R. Rarick of Louisiana introduced H.R. 351: "To vest in the Government of the United States the full, absolute, complete, and unconditional ownership of the twelve Federal Reserve Banks." He said: "The Federal Reserve is not an agency of government. It is a private banking monopoly." He was later defeated for re-election.
During the 1980's, Rep. Phil Crane of Illinois introduced House Resolution H.R. 70 that called for an annual audit of the Fed (which never came to a full vote), and Rep. Henry Gonzales of Texas introduced H.R. 1470, that called for the repeal of the Federal Reserve Act.
The Federal Reserve System has never been audited, and their meetings, and minutes of those meetings, are not open to the public.
They have repelled all attempts to be audited. In 1967, Arthur Burns, the Chairman of the Federal Reserve, said that an audit would threaten the "independence" of the Reserve.
The Fed in the 1970s and 1980s
In 1979, after dismissing Secretary of Treasury Michael Blumenthal, President Jimmy Carter offered the position to American Illuminati chief David Rockefeller, the CEO of Chase Manhattan Bank, but he turned it down [as he had previously turned down the offer from Nixon]. He also turned down the nomination for the Chairmanship of the Federal Reserve Board.
Carter then appointed Paul Volcker as Chairman. Volcker graduated from Princeton with a degree in Economics, and from Harvard with a degree in Public Administration. He was an economist with the Federal Reserve Bank of New York (1952-57), worked at the Chase Manhattan Bank (1957-61), was with the U.S. Treasury Department (1961-65), Deputy Under Secretary for Monetary Affairs (1963-65), Under Secretary for Monetary Affairs (1969-74), and President of the New York Federal Reserve Bank (1975-79).
When Volcker was in the Nixon Administration as the Under Secretary for Monetary Policy and International Affairs, the executive branch official who works most closely with the Federal Reserve, he and Treasury Secretary John Connally helped formulate the policy that took us off the gold standard in 1971, because of the dwindling gold reserves at Fort Knox. Volcker was chosen because he was the "candidate of Wall Street." He was a member of the Trilateral Commission, and a major Rockefeller supporter.
Bert Lance, the Georgia banker and political advisor to Carter who became his Budget Director and was later forced to resign...said that if Volcker was appointed he would be "mortgaging his re-election to the Federal Reserve." Lance predicted that he would bring high interest rates and high unemployment. He was confirmed by the Senate Banking Committee in August, 1979, replacing Arthur Burns, an Austrian-born economist who was a CFR member with close ties to the Rockefellers. Volcker was against a gold-backed dollar or gold being used as a form of currency. He attempted to tighten the money situation in order to curb the 10% annual growth in the money supply, and to ease the pressure of loan demand. The result [of his policy] was a dramatic increase in interest rates, which climbed to 13.5% by September, 1979, and then soared to 21.5% by December, 1980.
[We may speculate] that this economic decline was purposely engineered to cause the political decline of Carter. In response to the rising interest rates, Carter said:
"As you well know, I don't have control over the Fed, none at all.
It's carefully isolated from any influence by the President or the Congress. This has been done for many generations and I think it's a wise thing to do."
During the 1970's, many banks had left the Federal Reserve, and in December, 1979, Volcker told the House Banking Committee that "300 banks with deposits of $18.4 billion have quit the Fed within the past 4-1/2 years," and that another 575 of the remaining 5,480 member banks, with deposits of $70 billion, had indicated that they intended to withdraw. He said that this would curtail their control over the money supply, and that led Congress, in 1980, to pass the Monetary Control Act, which gave the Federal Reserve control of all banking institutions, regardless if they are members or not.
Even though inflation had skyrocketed to all-time highs, Reagan kept Volcker on. It was Volcker who started the collapse of the U.S. economy.
Alan Greenspan, who became the Chairman of the Federal Reserve Board in 1987, is [also] a member of the Council on Foreign Relations. He has a bachelor's and master's degree, and a doctorate in Economics from New York University. He met Ayn Rand, the author of Atlas Shrugged, in 1952 and they became friends. It is from her that he learned that capitalism "is not only efficient and practical, but also moral." In February, 1995, the seventh increase in the interest rate, within the period of a year, took place. This put Greenspan in the limelight, as well as the Federal Reserve. It was very interesting how the media spin doctors churned out information that totally skirted the issue concerning the Fed's actual role in controlling our economy.
Predictions of Monetary Disaster
In the mid-1970's, Paper 447, Article 3, from the World Bank said that the world economy would be fairly stable until 1980 when it would begin falling, in domino fashion. On October 29, 1975, the Wall Street Journal printed a comment by H. Johannes Witteveen, Managing Director of the United Nation's International Monetary Fund, that the IMF "ought to evolve into a World Central Bank ... to prevent inflation." Dr. H. A. Murkline, Director of the International Institute University in Irving, Texas, wrote in World Oil: 1976 that he projected that the Federal Government could only hold out till the end of 1981. Dow Theory Letters, Inc. reported that by 1982, the cost of dealing with the national debt "would eat up all the government tax money available."
The Robbins Report of January 15, 1978, said: "If Carter introduces Bancor, which will be the yielding of our dollar to the ECU (European Currency Unit), this is what will happen: look for hyperinflation and collapse of all the world's paper money before 1985." Julian Snyder said in the International Money Line of February, 1978: "The United States is trying to solve its problem through currency depreciation (debasement) ... it will not work. If the crash does not occur this year, it could be postponed until 1982."
On March 13, 1979, while meeting at Strasbourg, France, the Parliament of Europe, which governs the European Economic Community (Common Market), oversaw the establishment of a new European money system. Known as the ECU, it was backed by 20% of the participating countries" gold reserves (about 3,150 tons). What little strength our dollar had, came from the fact that all nations buying oil from OPEC, had to use U.S. dollars. Then came the word in March, 1980, from Arab diplomatic sources at the United Nations that the Chase Manhattan Bank was making plans to drop the dollar in [favor] of the ECU.
Dr. Franz Pick, a well known authority on world currency, said in December, 1979, in the Silver and Gold Report:
"The most serious problem we face today is the debasement of our currency by the government. The government will continue to debase the dollar until ... within 12-24, months it will shrink to 1 cent ... at which time Washington will be forced to create the new hard currency ... A currency reform is nothing but a fancy name for state bankruptcy ... A currency reform completes the expropriation of all kinds of savings ... it will wipe out all public and private bonds, most pensions; all annuities, and all endowments."
Against all odds, our economy has continued to hang on even though financial analysts have continued to forecast disastrous conditions.
In 1993, Sen. Bob Kerrey (Democrat, NE) promised to support President Bill Clinton's Budget Plan, if Clinton would appoint a Committee to study the condition of the American economy. The President established a 32-member bipartisan committee and in August, 1994, they issued their report. According to the committee's findings, by the year 2012, unless drastic changes are made, we won't even be able to pay the interest on the national debt. Knowing this, the federal government has allowed the trend to continue, almost as if they're trying to run our economy into the ground. It seems obvious that the destruction of the American economy has been part of a deliberate plot to financially enslave our nation.
The New U.S. Currency
In the late 1970's, it was [rumored that replacement currency had] already been printed and stored at the Federal Emergency Relocation Facility in Culpepper, Virginia, which is built into the side of a mountain, and would be able to continue functioning during the aftermath of a nuclear or natural disaster; and at the 200,000 sq. ft. Federal underground facility in Mt. Weather, Virginia (near Berryville), which is the primary relocation area for the President, Cabinet Secretaries, Supreme Court Justices, and several thousand federal employees (Congress would be relocated to an underground facility in White Sulphur Springs, West Virginia). It is believed that when our monetary system is finally destroyed, a reorganization will occur within the confines of a world government, and new money will be issued.
Rep. Ron Paul, Republican from Texas, who was on the Committee on Banking, Finance and Urban Affairs, wrote about the new money in a [1983] letter to Charles T. Roberts, Executive Vice-President of the Hull State Bank in Texas:
"In a closed briefing for the members of the House Banking Committee on November 2nd, representatives of the Bureau of Engraving and Printing, the Federal Reserve, and the Secret Service described plans for making changes in Federal Reserve Notes beginning in 1985 (although the long range target is 1988) ... These changes, which will probably include taggents, security threads, and colors, and may include holograms, diffraction gratings, or watermarks, will be made in coordination with six other nations: Canada, Britain, Japan, Australia, West Germany and Switzerland.
Japan, for example, will begin recalling its present currency in November, 1984, and have it nearly completed within six months ... According to the government, the only reason for the currency changes is to deter counterfeiting. Although it was admitted by one spokesman in the group that there would have to be a call-in of our present currency for new currency to work, the spokesmen for the government were adamant in saying that there was no other motive for a currency change..."
According to law, only the Treasury Secretary has the authority to change the currency. Over $3 million was spent under "counterfeit prevention" authority for the development of the new money, which according to the Currency Design Act (H.R. 6005) hearings, would be issued by the Federal Reserve Board. In a July, 1983 market survey in Buena Park, California, people were shown proposed designs for "new U.S. dollar bills." The variations shown, consisted of each denomination being a different color; Federal Reserve seals replaced with a design utilizing reflective ink; and other optical devices like holograms (a process which produces a three-dimensional image which can change color depending on the angle it is viewed), and multilayer diffraction gratings (similar to a hologram); as well as bills containing metal security threads, and planchettes (red and blue colored discs incorporated into the paper, similar to threads) to trigger scanning equipment which would detect its presence, and to sort cash faster.
By the end of 1983, [the Fed] had received 110 new machines which could count up to 72,000 bills per minute each. Jane Kettleson, an economic consultant to the U.S. Paper Exchange, said that "the Fed will have the capability to physically replace the entire U.S. currency in circulation in just four days time."
It was shown that a drastic change would not be accepted, so a process of incrementalism was adopted. It was decided that the Bureau of Printing and Engraving would have a fine metallic strip running through the currency, leaving the basic design intact; however, they later decided to use a clear imprinted polyester strip, woven into the paper, running vertically on the left side of the Federal Reserve Seal. The length of the translucent polyester filament reads "USA100" for $100 bills, "USA50" for $50 bills, and so on; and can only be read if held up to direct light. It was reported that a company called Checkmate Electronics, Inc., which manufactures the equipment needed to scan checks, scanned the new money, and found the strip to contain "machine detectable" aluminum. Their scan produced an indecipherable bar code.
Though the basic design did not change, there was microscopic type printed around the picture which reads, "The United States of America," but appeared to only be a line. This currency with oversized, off-center portraits, was introduced in 1996 with the $100 bills, then $50 bills and $20 bills (1998), and culminated with $10's and $5's in 2000. The Government discontinued printing any of the old money, and began emptying their vaults to get rid of the old bills.
The old money was never recalled, and continued to be circulated.
Then in June, 2002, only a few years after the last makeover, the rumors of colored money became a fact, as the Bureau of Engraving and Printing announced that further changes were being made to our money for security reasons. In October, 2003, the new, colored $20 bill (the most counterfeited note), was introduced. The new bill retained the security thread, color-shifting ink, and watermark; but also had the colors of green and peach added to its background, as well as small yellow "20's" printed on the back. The new $50 and $100 bills will be coming in 2004 and 2005.
Some financial experts have theorized that when every denomination is changed over, that the business sector may not want to accept old bills which would then become worthless and could create a financial emergency. But Federal officials have said that the old money would be accepted, but scrutinized. It has been suggested that the government could really take advantage of the situation, that in order for people to exchange their old money for new, an exchange rate may be determined which would benefit the economy. For example, it may take two old dollars to exchange for a new one. It is possible that we may be experiencing the final transition to the "new money."
[snip]
Worldwide Currency Changes
International cooperation has been intense to coordinate currency changes among its member governments. In 1985, officials from the Morgan Bank in New York met with the Credit Lyonnais Bank in France. They established the European Currency Unit Banking Association (ECUBA), to get world cooperation for a unified currency, and had support from bankers in Europe, Japan, and the United States. It was an offshoot of the Banking Federation of the European Community (BFEC), which has been engaged in shutting down small banks in order to develop a conglomerate of a few huge banks. In October, 1987, the Association for the Monetary Union of Europe (AMUE) secretly met and recommended that the ECU (European Currency Unit) replace existing national currencies and that all European Central Banks be combined into one and issue the ECU [Euro] as the official unified currency (which occured on schedule in the year 2000).
It is believed that the plan is to [ultimately] have only three central banks in the world: The [U.S.] Federal Reserve Bank, the European Central Bank, and the Central Bank of Japan. In a June, 1989 hearing of the Senate Banking Securities Subcommittee, Alan Greenspan, Chairman of the Federal Reserve, said that exchange rates could be fixed in order to solve the problem of uniformity between the currencies of various nations.
Many countries have issued new money, such as Switzerland, the United Kingdom, Japan, Canada, France, Germany, Australia, and Brazil. Of the countries that already had, most currencies had a common 1" square, usually on the left side of the bill. Held over a light, a hologram appears on the spot, barely visible to the naked eye, which cannot be reproduced on a copier. It is believed that this spot is being reserved for a central World Bank overprint. They also contain metallic strips that can be detected when they pass through scanners at airports and international borders.
[snip]
The institution of a common world-wide currency may be delayed because of the possibility of moving right to a cashless system, making paper money obsolete. The Visa MagiCard was the first step towards a national debit card. With this card, you could make purchases at any of the 10 million merchants who accepted Visa, and have the amount electronically deducted from your checking account. Financial experts said at the time, that within only a few years, there would be more debit cards than credit cards. Since then, there has been a massive campaign to promote debit cards, and a move to accommodate their use in all areas of life.
More and more banks have decided not to return people's cancelled checks, because of the expense to do so; and it seems likely that there is a plan underway to gradually move away from the use of paper checks. With the existence of debit cards, and the fact that credit cards are so easily attainable, there's no doubt that we"re being pushed into an electronic economy of Direct Deposit and Automatic Withdrawal. When total saturation has been achieved, then the stage will be set. Sure, it's really convenient to whip out a piece of plastic to buy things, and to have all your financial affairs handled through the bank's computer system. But do you realize, that when their plan is complete, you will be nothing more than a number in a computer. Everything you do can be tracked; and with a click of a mouse, or the press of a button, you could be denied access to your own money.
Conclusion
In a letter to Edward M. House (President Wilson's closest aide), dated November 23, 1933, Franklin D. Roosevelt said:
"The real truth of the matter is, and you and I know, that a financial element in the large centers has owned the government of the U.S. since the days of Andrew Jackson."
Henry Ford, founder of the Ford Motor Company, said:
"It is well enough that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."
In 1957, Sen. George W. Malone of Nevada said before Congress about the Federal Reserve:
"I believe that if the people of this nation fully understood what Congress has done to them over the past 49 years, they would move on Washington: they would not wait for an election ... It adds up to a preconceived plan to destroy the economic and social independence of the United States."
Virtual Stastical System - SOCIAL ACCOUNTING
Original Article: "Virtual Stastical System - SOCIAL ACCOUNTING" https://www.virtualstatisticalsystem.org/activities/activity/76-social-accounting-matrices/?no_cache=1&seltab=132&print=1
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An important part of the national accounts is SOCIAL ACCOUNTING.
The social accounts are expressed as social accounting matrices (SAM). A Social Accounting Matrix (SAM) represents flows of all economic transactions that take place within an economy (regional or national). It is at the core, a matrix representation of the National Accounts for a given country, but can be extended to include non-national accounting flows, and created for whole regions or areas. SAMs refer to a single year providing a static picture (or snapshot) of the economy.
The2008 SNA advises that such a matrix presentation is very powerful in terms of the flexibility it can encompass, and in displaying the interaction of the accounts in a compact and graphic manner. On the other hand, there are some disadvantages to the matrix presentation also:
a. Without explanatory text describing each of the main elements, a reader has to have a very good understanding of the SNA to interpret the numeric entries in the table.
b. Such a table always contains lots of white space which means that it is not an effective way of presenting a large amount of data.
In general, the matrix format is best used to explain the structure of the accounts being presented with individual cells, or a combination of cells, following in a more traditional format.
The 2008 SNA explains that both the supply- use tables and input-output tables are matrix representations of the SNA’s goods and services account. It is possible to cast the whole of the sequence of the accounts, including the goods and services account, in a matrix format also.
Such a matrix is called a social accounting matrix (SAM). The SNA goes on the describe how it is possible to extend and elaborate a SAM by introducing alternative disaggregations of existing flows or new types of flows, just as long as the use and resource of these flows balance in the usual way.
This is such a common extension of a SAM that the usual understanding of what a SAM is often goes further than a matrix encompassing the standard sequence of accounts to include extensions, particularly of the household sector.
The national accounting becomes social accounting when the focus is turned on the position of households in the economy. The Social Accounting Approach looks at the national economy from the position of the households. The households can be subdivided according to types of households.
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An important part of the national accounts is SOCIAL ACCOUNTING.
The social accounts are expressed as social accounting matrices (SAM). A Social Accounting Matrix (SAM) represents flows of all economic transactions that take place within an economy (regional or national). It is at the core, a matrix representation of the National Accounts for a given country, but can be extended to include non-national accounting flows, and created for whole regions or areas. SAMs refer to a single year providing a static picture (or snapshot) of the economy.
The2008 SNA advises that such a matrix presentation is very powerful in terms of the flexibility it can encompass, and in displaying the interaction of the accounts in a compact and graphic manner. On the other hand, there are some disadvantages to the matrix presentation also:
a. Without explanatory text describing each of the main elements, a reader has to have a very good understanding of the SNA to interpret the numeric entries in the table.
b. Such a table always contains lots of white space which means that it is not an effective way of presenting a large amount of data.
In general, the matrix format is best used to explain the structure of the accounts being presented with individual cells, or a combination of cells, following in a more traditional format.
The 2008 SNA explains that both the supply- use tables and input-output tables are matrix representations of the SNA’s goods and services account. It is possible to cast the whole of the sequence of the accounts, including the goods and services account, in a matrix format also.
Such a matrix is called a social accounting matrix (SAM). The SNA goes on the describe how it is possible to extend and elaborate a SAM by introducing alternative disaggregations of existing flows or new types of flows, just as long as the use and resource of these flows balance in the usual way.
This is such a common extension of a SAM that the usual understanding of what a SAM is often goes further than a matrix encompassing the standard sequence of accounts to include extensions, particularly of the household sector.
The national accounting becomes social accounting when the focus is turned on the position of households in the economy. The Social Accounting Approach looks at the national economy from the position of the households. The households can be subdivided according to types of households.
The Harvard Economic Research Project (1948-)
Original Article "Harvard Economic Research Project in 1948" http://disc.yourwebapps.com/discussion.cgi?id=149495;article=137056
==========================================
Loentief Relates Economic Theory to Fact Professor's Research Project Perfects Input-Output Anaysis
For the past ten years, Harvard's Economic Research Project has been perfecting a unique analytical tool developed by Wassily W. Leontief, Henry Lee Professor of Economics. Input-output or inter-industry analysis, as the tool is known, evolved from a search by Leontief for a way to apply economic theory to a factual analysis of the entire national economy.
RE: SILENT WEAPONS FOR QUITE WARS
http://www.apfn.org/apfn/swqw.htm
In Germany during the middle dle twenties, Leontief studied what he considered one of the greatest problems in economics, that of relating abstract theory to actual fact. "Too often," he explained, "one group of people makes the theories while another assembles the facts." His early work was done in "partial theory," by which the market is dissected and sections of it studied. Such problems as the market effect of a change in the price of copper, or an increase in the supply of meat, were tackled by him and his co-workers during these years.
Whole Economy of Interest
The more Leontief studied, however, the more convinced he became that the most interesting problems were not those related to small, isolated parts of the market, but rather those dealing with the economy as a whole. In early 1932, he came to Harvard, a lecturer in Economics, and secured funds from the College for research. By 1935 he had developed the first input-output table of United States industry.
An input-output table is essentially a double-entry chart of all the transactions between different sectors of the economy. It shows for a particular year what each industry supplies to every other industry and to the final consumer. The table is arranged so that each industry, or supplier, appears as a producer down one side of the chart, and again, in the same order, as a consumer along the top.
One of the most important aspects of the analysis is that it allows a detailed study of the sectors of the economy and their effects on each other and on the economy as a whole. It can bring to account every transaction in goods and services. Final demand, which appears down the last right-hand column, is the total of intermediate demands of the industrial sectors, private consumers, government, and overseas customers, plus gross investment. The dollar value of final demand for a particular sector is equal to the sum of the inputs that go into that sector. Inputs are totaled in the columns (up and down), outputs are totaled in rows (left to right). By using a double entry system, the chart is self-checking with total output and total input for each sector resulting in equal dollar values.
The table can be as detailed as necessary. Leontief's original version had only 15 catalogues; the latest U.S. table, made in 1947, by the government, included 450 industries.
Other Products Required
Preparation of the table just described, which shows input-output relations in current money values is only the first step of Leonteif's analysis. The second step is to "invert the matrix," producing a table of coefficients that shows the amounts of every other product required to bring into existance a dollar's worth of any given product.
From this second table forecasts can be made of the effect throughout all industries of a change in demand for the produce of one industry. The statistical computations for "inverting the matrix" are multitudinous and require the solution of so many simultaneous equations that electronic computers must be used. Presently the Research Project is using a Univac and an IBM 650. Calculations on household consumption are being made with M.I.T.'s 704.
Dynamic Table Needed
One of the main limitations of the table is it necessitates (assuming) technological conditions unchanged for the period of the forecast.
A large, 450-catagory input-output table takes about two years to complete. This time lag, however, has not proven as serious as critics had predicted. In the United States, calculations based on 1947 figures were found to apply closely to conditions in 1952.
Leontief and members of the Project are, however, developing a dynamic model to remove this limitation.
International attention has been attracted by the analytical device.
Both advanced economies and underdeveloped countries have adopted Leontief's mode to answer specific questions that are pertinent to them. Underdeveloped countries are primarily interested in it for planning purposes; while advanced economies, particularly in Europe, are employing it to help solve trade balance problems.
Soon after World War II Italy, Holland, and Norway evolved their own charts. In Italy, under the Marshall Plan and private sponsorship, a table was developed to answer questions about the entire Italian economy and to assist in understanding the problems of relatively underdeveloped Southern Italy.
Norway and Holland were largely interested in solving import-export problems, and used the new system along with their national income accounts to see what effect a shift in the trade balance would have on industry. Several South American nations, including Argentina, Peru, Chile, and Equador are also using Leontief's device. Great Britain has employed it for several years.
Russians Interested
The Russians have also manifested interest in input-output analysis, and are now training people to perform the necessary operations.
Leontief, who visited his native Russia briefly last spring, believes that although they are "having a hard time justifying the use of an analytical tool developed by a capitalist," the Russians will resort to it soon. Certain revisions have to be made in U.S.S.R. statistical methods in order to facilitate use of the analysis, Leontief added.
Underdeveloped Countries
Underdeveloped countries also have to overcome difficulties in formulating tables to use for planning. Although their economies are relatively uncomplicated, problems do arise in the collection of data, according to Mrs. E. W. Gilboy, assistant director of the Research Project and lecturer in Economics. Another difficulty for them is collecting funds for purchase of the giant computers necessary to construct the chart after the data is secured. Spain, which set up a table several years ago, had to send information to Italy, where computer work was done on Italian machines.
The Economic Research Project was set up 10 years ago by a grant from the Rockefeller Foundation to Leontief, "for research in the structure of the United States economy. " Beginning in 1950, small Air Force grants were received, but these were discontinued in 1952, when the Administration changed. Ford Foundation then joined in support of the project. Since then a small grant from the National Science Foundation for large scale computation experimentation has also been donated.
Basic Research
The Project's work is not to construct actual tables. The cost of collecting the extremely large amount of data is beyond the scope of so small a group. The 25 Faculty members in the project conduct basic research, investigating different facets of Leontief's model.
Among the studies now in progress is one on technological change and the methods through which new techniques are diffused through industry--this is coordinated with Leontief's work on a dynamic model. Application of the table to regional problems is being perfected; while various sectors of the economy--particularly household consumption and natural resources--are being given special attention.
About every 18 months, the Project prints a report on research to date, which has been sent free to interested people all over the world. The demand for these reports has become so great recently. Mrs. Gilboy remarked, that soon some charge will have to be made. Leontief plans to publish a series of small volumes to present the results of research made since 1953, when his last book (The Structure of the American Economy) on the project, was released.
The Research Project building, locat- ed on Massachusetts Ave., near the Law School also serves as a training center for interested visitors from foreign countries. Both Ford and Rockefeller Foundations assign Fellows to study research being conducted by the Project for periods extending from three to six months. Private groups also sponsor visitors. According to Mrs. Gilboy, the growing number of these students is beginning to tax facilities of the Project.
Both working space and staff assistance are available to the Foundation-sponsored Fellows.
In spite of the adoption of input-output analysis by 35 interested foreign countries, the United States government has completely neglected the system in recent years. The last table devised for the U. S. economy was the 450-category chart made up in 1947.
Interest at that time was occasioned by a wish to know the impact throughout the economy of an expansion of government spending on arms--the extent to which other types of production would have to contact, and the "bottle necks" that might arise.
Value Demonstrated
Wartime experience, when demand is largely in the hands of the Federal Government, demonstrates the value of a realistic guide to such future events: it could assist authorities to control scarce materials, to encourage production or substitution for them well in advance, and to arrange for more imports.
Recently, however, the Department of Commerce announced plans to publish a new small table. This move shows that the government is actually interested in the analysis, and Leontief's predictions of wider U. S. government use in the future seem nearer fulfillment.
Small - Scale Table
The small-scale table that the Department plans, Mrs. Gilboy pointed out, is not really adequate for an economy as large and diverse as this country's. One with at least 450 industrial sectors is needed. Only the government or large scale industries could afford the million dollar cost of such a project. One reason for the government's lack of enthusiasm seems to be a general fear of "centralized planning.'
Interest in European nations has been prompted by import-export considerations. Underdeveloped economies are anxious to pursue a rapid planned growth process, which is greatly facilitated by this type of analysis.
Commercial Uses
Outside the government American industries and local groups have developed several input-output tables. The Pennsylvania Railroad has based one on industries and commercial establishments that have grown up alongside its tracks. A massive report on the results of its research was published by the railroad. "This is not an academic project," Leontief remarked, "but it is practical." In St. Louis a table based on the metropolitan area has been constructed.
A banking house in Berkeley, Calif., has also completed a local chart.
Industrialists Benefit
The value of input-output analysis to individual industries and local areas is perhaps more limited than its value to a national government, but an industrialist does benefit by knowing the extent to which demand for his product might be affected by economic change. Input-output analysis will not replace, and was not intended to replace the entrepreneur's vital role of seeking profits by anticipating changes in taste and technology, but it does provide throughout the economic system many useful indicators of the results of a change--large or small--in one of the sectors
==========================================
Loentief Relates Economic Theory to Fact Professor's Research Project Perfects Input-Output Anaysis
For the past ten years, Harvard's Economic Research Project has been perfecting a unique analytical tool developed by Wassily W. Leontief, Henry Lee Professor of Economics. Input-output or inter-industry analysis, as the tool is known, evolved from a search by Leontief for a way to apply economic theory to a factual analysis of the entire national economy.
RE: SILENT WEAPONS FOR QUITE WARS
http://www.apfn.org/apfn/swqw.htm
In Germany during the middle dle twenties, Leontief studied what he considered one of the greatest problems in economics, that of relating abstract theory to actual fact. "Too often," he explained, "one group of people makes the theories while another assembles the facts." His early work was done in "partial theory," by which the market is dissected and sections of it studied. Such problems as the market effect of a change in the price of copper, or an increase in the supply of meat, were tackled by him and his co-workers during these years.
Whole Economy of Interest
The more Leontief studied, however, the more convinced he became that the most interesting problems were not those related to small, isolated parts of the market, but rather those dealing with the economy as a whole. In early 1932, he came to Harvard, a lecturer in Economics, and secured funds from the College for research. By 1935 he had developed the first input-output table of United States industry.
An input-output table is essentially a double-entry chart of all the transactions between different sectors of the economy. It shows for a particular year what each industry supplies to every other industry and to the final consumer. The table is arranged so that each industry, or supplier, appears as a producer down one side of the chart, and again, in the same order, as a consumer along the top.
One of the most important aspects of the analysis is that it allows a detailed study of the sectors of the economy and their effects on each other and on the economy as a whole. It can bring to account every transaction in goods and services. Final demand, which appears down the last right-hand column, is the total of intermediate demands of the industrial sectors, private consumers, government, and overseas customers, plus gross investment. The dollar value of final demand for a particular sector is equal to the sum of the inputs that go into that sector. Inputs are totaled in the columns (up and down), outputs are totaled in rows (left to right). By using a double entry system, the chart is self-checking with total output and total input for each sector resulting in equal dollar values.
The table can be as detailed as necessary. Leontief's original version had only 15 catalogues; the latest U.S. table, made in 1947, by the government, included 450 industries.
Other Products Required
Preparation of the table just described, which shows input-output relations in current money values is only the first step of Leonteif's analysis. The second step is to "invert the matrix," producing a table of coefficients that shows the amounts of every other product required to bring into existance a dollar's worth of any given product.
From this second table forecasts can be made of the effect throughout all industries of a change in demand for the produce of one industry. The statistical computations for "inverting the matrix" are multitudinous and require the solution of so many simultaneous equations that electronic computers must be used. Presently the Research Project is using a Univac and an IBM 650. Calculations on household consumption are being made with M.I.T.'s 704.
Dynamic Table Needed
One of the main limitations of the table is it necessitates (assuming) technological conditions unchanged for the period of the forecast.
A large, 450-catagory input-output table takes about two years to complete. This time lag, however, has not proven as serious as critics had predicted. In the United States, calculations based on 1947 figures were found to apply closely to conditions in 1952.
Leontief and members of the Project are, however, developing a dynamic model to remove this limitation.
International attention has been attracted by the analytical device.
Both advanced economies and underdeveloped countries have adopted Leontief's mode to answer specific questions that are pertinent to them. Underdeveloped countries are primarily interested in it for planning purposes; while advanced economies, particularly in Europe, are employing it to help solve trade balance problems.
Soon after World War II Italy, Holland, and Norway evolved their own charts. In Italy, under the Marshall Plan and private sponsorship, a table was developed to answer questions about the entire Italian economy and to assist in understanding the problems of relatively underdeveloped Southern Italy.
Norway and Holland were largely interested in solving import-export problems, and used the new system along with their national income accounts to see what effect a shift in the trade balance would have on industry. Several South American nations, including Argentina, Peru, Chile, and Equador are also using Leontief's device. Great Britain has employed it for several years.
Russians Interested
The Russians have also manifested interest in input-output analysis, and are now training people to perform the necessary operations.
Leontief, who visited his native Russia briefly last spring, believes that although they are "having a hard time justifying the use of an analytical tool developed by a capitalist," the Russians will resort to it soon. Certain revisions have to be made in U.S.S.R. statistical methods in order to facilitate use of the analysis, Leontief added.
Underdeveloped Countries
Underdeveloped countries also have to overcome difficulties in formulating tables to use for planning. Although their economies are relatively uncomplicated, problems do arise in the collection of data, according to Mrs. E. W. Gilboy, assistant director of the Research Project and lecturer in Economics. Another difficulty for them is collecting funds for purchase of the giant computers necessary to construct the chart after the data is secured. Spain, which set up a table several years ago, had to send information to Italy, where computer work was done on Italian machines.
The Economic Research Project was set up 10 years ago by a grant from the Rockefeller Foundation to Leontief, "for research in the structure of the United States economy. " Beginning in 1950, small Air Force grants were received, but these were discontinued in 1952, when the Administration changed. Ford Foundation then joined in support of the project. Since then a small grant from the National Science Foundation for large scale computation experimentation has also been donated.
Basic Research
The Project's work is not to construct actual tables. The cost of collecting the extremely large amount of data is beyond the scope of so small a group. The 25 Faculty members in the project conduct basic research, investigating different facets of Leontief's model.
Among the studies now in progress is one on technological change and the methods through which new techniques are diffused through industry--this is coordinated with Leontief's work on a dynamic model. Application of the table to regional problems is being perfected; while various sectors of the economy--particularly household consumption and natural resources--are being given special attention.
About every 18 months, the Project prints a report on research to date, which has been sent free to interested people all over the world. The demand for these reports has become so great recently. Mrs. Gilboy remarked, that soon some charge will have to be made. Leontief plans to publish a series of small volumes to present the results of research made since 1953, when his last book (The Structure of the American Economy) on the project, was released.
The Research Project building, locat- ed on Massachusetts Ave., near the Law School also serves as a training center for interested visitors from foreign countries. Both Ford and Rockefeller Foundations assign Fellows to study research being conducted by the Project for periods extending from three to six months. Private groups also sponsor visitors. According to Mrs. Gilboy, the growing number of these students is beginning to tax facilities of the Project.
Both working space and staff assistance are available to the Foundation-sponsored Fellows.
In spite of the adoption of input-output analysis by 35 interested foreign countries, the United States government has completely neglected the system in recent years. The last table devised for the U. S. economy was the 450-category chart made up in 1947.
Interest at that time was occasioned by a wish to know the impact throughout the economy of an expansion of government spending on arms--the extent to which other types of production would have to contact, and the "bottle necks" that might arise.
Value Demonstrated
Wartime experience, when demand is largely in the hands of the Federal Government, demonstrates the value of a realistic guide to such future events: it could assist authorities to control scarce materials, to encourage production or substitution for them well in advance, and to arrange for more imports.
Recently, however, the Department of Commerce announced plans to publish a new small table. This move shows that the government is actually interested in the analysis, and Leontief's predictions of wider U. S. government use in the future seem nearer fulfillment.
Small - Scale Table
The small-scale table that the Department plans, Mrs. Gilboy pointed out, is not really adequate for an economy as large and diverse as this country's. One with at least 450 industrial sectors is needed. Only the government or large scale industries could afford the million dollar cost of such a project. One reason for the government's lack of enthusiasm seems to be a general fear of "centralized planning.'
Interest in European nations has been prompted by import-export considerations. Underdeveloped economies are anxious to pursue a rapid planned growth process, which is greatly facilitated by this type of analysis.
Commercial Uses
Outside the government American industries and local groups have developed several input-output tables. The Pennsylvania Railroad has based one on industries and commercial establishments that have grown up alongside its tracks. A massive report on the results of its research was published by the railroad. "This is not an academic project," Leontief remarked, "but it is practical." In St. Louis a table based on the metropolitan area has been constructed.
A banking house in Berkeley, Calif., has also completed a local chart.
Industrialists Benefit
The value of input-output analysis to individual industries and local areas is perhaps more limited than its value to a national government, but an industrialist does benefit by knowing the extent to which demand for his product might be affected by economic change. Input-output analysis will not replace, and was not intended to replace the entrepreneur's vital role of seeking profits by anticipating changes in taste and technology, but it does provide throughout the economic system many useful indicators of the results of a change--large or small--in one of the sectors
Airframe Shock Testing, The Economy, and Politics
Original Article: "Airframe Shock Testing, The Economy, and Politics" http://www.liveleak.com/view?i=368_1223970260
====================================================================
An intelligent observer would notice the similarity to what an aircraft engineer does in engineering an airframe and what happens in economics and politics.
When a desired shape is found for an airframe, engineers build a scale test frame and subject it to enormous stresses using giant hydraulic machines that test the bending and breaking limits of the wings and fuselage. This is done to establish load limits, both predicted and absolute (breaks), and establish where certain equipment should go. Due to the nature of aluminum and composites, this is different for each and every airframe design, but absolutely necessary to predict the outcome of stresses.
SO, similarly, the way the economy works and predicting how it (any economy) will function under stress is done in a similar fashion.
Simulations are run against real world situations to see how much stress the economy can take given a change in different variables.
Much like how electronic circuits are tested as well, but that is another topic for later discussion.
For example, when the price of oil goes up, economists watch how the economy manages the stress and can make predictions of what it can take in the future in terms of increased prices.
The same goes for every commodity and anything traded on the market. When the predicted stress will be to high, the prices are adjusted to balance supply and demand, but this can only be done by stressing it...to test where the breaking point is and avoid it while maintaining balance.
The same thing applies absolutely to politics, and that is what you are witnessing now in the US elections. While you debate endlessly, there are those who control things that are watching what is happening.
The public is being shock tested to see what kind of stresses the society can endure under given projected circumstances.
The election of a woman VP is a test, as is the acceptance of a half-black man to run the country.
Whoever wins will change our country's history forever, and both will cause stresses on peoples ideals and thinking. This is normal and designed to see if the country will break, so to speak.
Without shock testing, accurate projections of what will happen in the future cannot be made, and how the sheep will behave cannot be predicted.
Since the sheeple often are often unpredictable and dangerous, their actions must be predicted to maintain public safety, absolutely.
I hope this helps clarify what is really going on when you are debating topics here on LL.
Click to view image: '238391-lincoln450x540widec.jpg'
====================================================================
An intelligent observer would notice the similarity to what an aircraft engineer does in engineering an airframe and what happens in economics and politics.
When a desired shape is found for an airframe, engineers build a scale test frame and subject it to enormous stresses using giant hydraulic machines that test the bending and breaking limits of the wings and fuselage. This is done to establish load limits, both predicted and absolute (breaks), and establish where certain equipment should go. Due to the nature of aluminum and composites, this is different for each and every airframe design, but absolutely necessary to predict the outcome of stresses.
SO, similarly, the way the economy works and predicting how it (any economy) will function under stress is done in a similar fashion.
Simulations are run against real world situations to see how much stress the economy can take given a change in different variables.
Much like how electronic circuits are tested as well, but that is another topic for later discussion.
For example, when the price of oil goes up, economists watch how the economy manages the stress and can make predictions of what it can take in the future in terms of increased prices.
The same goes for every commodity and anything traded on the market. When the predicted stress will be to high, the prices are adjusted to balance supply and demand, but this can only be done by stressing it...to test where the breaking point is and avoid it while maintaining balance.
The same thing applies absolutely to politics, and that is what you are witnessing now in the US elections. While you debate endlessly, there are those who control things that are watching what is happening.
The public is being shock tested to see what kind of stresses the society can endure under given projected circumstances.
The election of a woman VP is a test, as is the acceptance of a half-black man to run the country.
Whoever wins will change our country's history forever, and both will cause stresses on peoples ideals and thinking. This is normal and designed to see if the country will break, so to speak.
Without shock testing, accurate projections of what will happen in the future cannot be made, and how the sheep will behave cannot be predicted.
Since the sheeple often are often unpredictable and dangerous, their actions must be predicted to maintain public safety, absolutely.
I hope this helps clarify what is really going on when you are debating topics here on LL.
Click to view image: '238391-lincoln450x540widec.jpg'
Invention of the Point-Contact Transistor
Original Article: 1947 - Invention of the Point-Contact Transistor http://www.computerhistory.org/semiconductor/timeline/1947-invention.html
=========================================
1947 - Invention of the Point-Contact Transistor John Bardeen & Walter Brattain achieve transistor action in a germanium point-contact device in December 1947.
Encouraged by Executive Vice President Mervin Kelly, William Shockley returned from wartime assignments in early 1945 to begin organizing a solid-state physics group at Bell Labs. Among other things, this group pursued research on semiconductor replacements for unreliable vacuum tubes and electromechanical switches then used in the Bell Telephone System. That April he conceived a "field-effect" amplifier and switch based on the germanium and silicon technology developed during the war, but it failed to work as intended. A year later theoretical physicist John Bardeen suggested that electrons on the semiconductor surface might be blocking penetration of electric fields into the material, negating any effects. With experimental physicist Walter Brattain, Bardeen began researching the behavior of these "surface states."
On December 16, 1947, their research culminated in the first successful semiconductor amplifier. Bardeen and Brattain applied two closely-spaced gold contacts held in place by a plastic wedge to the surface of a small slab of high-purity germanium. The voltage on one contact modulated the current flowing through the other, amplifying the input signal up to 100 times. On December 23 they demonstrated their device to lab officials - in what Shockley deemed "a magnificent Christmas present."
Named the "transistor" by electrical engineer John Pierce, Bell Labs publicly announced the revolutionary solid-state device at a press conference in New York on June 30, 1948. A spokesman claimed that "it may have far-reaching significance in electronics and electrical communication." Despite its delicate mechanical construction, many thousands of units were produced in a metal cartridge package as the Bell Labs "Type A" transistor.
------------------------------------------------------------------------
Contemporary Documents
Brattain, Walter. Bell Labs logbook (December 1947) pp. 7–8, 24.
John Bardeen and Walter Brattain, "The Transistor, a Semi-Conductor Triode," Physical Review 74 (15 July 1948) pp. 230–231.
Bardeen, J. and Brattain, W. "Three-Electrode Circuit Element Utilizing Semiconductor Materials," U. S. Patent 2,524,035 (Filed June 17, 1948, issued Oct. 3, 1950).
Becker J. A., and Shive, J. N. "The Transistor – A New Semiconductor Amplifier," Electrical Engineering Vol 68 (March 1949) pp. 215-221,
--------------------------------------------------------------------------
Oral Histories
Interview with John Bardeen by Lillian Hoddeson on May 12, 1977, Niels Bohr Library & Archives, American Institute of Physics, College Park, MD, 20740.
Interview with Walter H. Brattain, 1964 January 1 and 28 May 1974 by Alan Holden and others, Niels Bohr Library & Archives, American Institute of Physics, College Park, MD 20740.
Interview with William Shockley by Lillian Hoddeson on September 10, 1974, Niels Bohr Library & Archives, American Institute of Physics, College Park, MD 20740.
--------------------------------------------------------------------------
More Information
Bardeen, John. "Semiconductor Research Leading to the Point-Contact Transistor" Nobel Lectures, Physics 1942-1962, (Amsterdam: Elsevier Publishing Company, 1964).
Augarten, Stan. "The Birth of Modern Electronics," State Of The Art: A Photographic History of the Integrated Circuit. (New Haven & New York: Ticknor and Fields, 1983) p.2
Hoddeson, Lillian. "The Discovery of the Point-Contact Transistor," Historical Studies in the Physical Sciences, Vol. 12, No. 1 (1981) pp. 43–76.
Holonyak, Nick. Electrical Engineer, an oral history conducted in 1993 by Frederik Nebeker, IEEE History Center, Rutgers University, New Brunswick, NJ, USA.
Michael Riordan and Lillian Hoddeson, Crystal Fire: The Birth of the Information Age (New York: W. W. Norton, 1997) pp. 115–141 and 155–167.
=========================================
1947 - Invention of the Point-Contact Transistor John Bardeen & Walter Brattain achieve transistor action in a germanium point-contact device in December 1947.
Encouraged by Executive Vice President Mervin Kelly, William Shockley returned from wartime assignments in early 1945 to begin organizing a solid-state physics group at Bell Labs. Among other things, this group pursued research on semiconductor replacements for unreliable vacuum tubes and electromechanical switches then used in the Bell Telephone System. That April he conceived a "field-effect" amplifier and switch based on the germanium and silicon technology developed during the war, but it failed to work as intended. A year later theoretical physicist John Bardeen suggested that electrons on the semiconductor surface might be blocking penetration of electric fields into the material, negating any effects. With experimental physicist Walter Brattain, Bardeen began researching the behavior of these "surface states."
On December 16, 1947, their research culminated in the first successful semiconductor amplifier. Bardeen and Brattain applied two closely-spaced gold contacts held in place by a plastic wedge to the surface of a small slab of high-purity germanium. The voltage on one contact modulated the current flowing through the other, amplifying the input signal up to 100 times. On December 23 they demonstrated their device to lab officials - in what Shockley deemed "a magnificent Christmas present."
Named the "transistor" by electrical engineer John Pierce, Bell Labs publicly announced the revolutionary solid-state device at a press conference in New York on June 30, 1948. A spokesman claimed that "it may have far-reaching significance in electronics and electrical communication." Despite its delicate mechanical construction, many thousands of units were produced in a metal cartridge package as the Bell Labs "Type A" transistor.
------------------------------------------------------------------------
Contemporary Documents
Brattain, Walter. Bell Labs logbook (December 1947) pp. 7–8, 24.
John Bardeen and Walter Brattain, "The Transistor, a Semi-Conductor Triode," Physical Review 74 (15 July 1948) pp. 230–231.
Bardeen, J. and Brattain, W. "Three-Electrode Circuit Element Utilizing Semiconductor Materials," U. S. Patent 2,524,035 (Filed June 17, 1948, issued Oct. 3, 1950).
Becker J. A., and Shive, J. N. "The Transistor – A New Semiconductor Amplifier," Electrical Engineering Vol 68 (March 1949) pp. 215-221,
--------------------------------------------------------------------------
Oral Histories
Interview with John Bardeen by Lillian Hoddeson on May 12, 1977, Niels Bohr Library & Archives, American Institute of Physics, College Park, MD, 20740.
Interview with Walter H. Brattain, 1964 January 1 and 28 May 1974 by Alan Holden and others, Niels Bohr Library & Archives, American Institute of Physics, College Park, MD 20740.
Interview with William Shockley by Lillian Hoddeson on September 10, 1974, Niels Bohr Library & Archives, American Institute of Physics, College Park, MD 20740.
--------------------------------------------------------------------------
More Information
Bardeen, John. "Semiconductor Research Leading to the Point-Contact Transistor" Nobel Lectures, Physics 1942-1962, (Amsterdam: Elsevier Publishing Company, 1964).
Augarten, Stan. "The Birth of Modern Electronics," State Of The Art: A Photographic History of the Integrated Circuit. (New Haven & New York: Ticknor and Fields, 1983) p.2
Hoddeson, Lillian. "The Discovery of the Point-Contact Transistor," Historical Studies in the Physical Sciences, Vol. 12, No. 1 (1981) pp. 43–76.
Holonyak, Nick. Electrical Engineer, an oral history conducted in 1993 by Frederik Nebeker, IEEE History Center, Rutgers University, New Brunswick, NJ, USA.
Michael Riordan and Lillian Hoddeson, Crystal Fire: The Birth of the Information Age (New York: W. W. Norton, 1997) pp. 115–141 and 155–167.
The History of the ENIAC Computer - John Mauchly and John Presper Eckert
Original Article: http://inventors.about.com/od/estartinventions/a/Eniac.htm
"...With the advent of everyday use of elaborate calculations, speed has become paramount to such a high degree that there is no machine on the market today capable of satisfying the full demand of modern computational methods." - from the ENIAC patent (U.S.#3,120,606) filed on June 26, 1947.
The ENIAC I
In 1946, John Mauchly and John Presper Eckert developed the ENIAC I (Electrical Numerical Integrator And Calculator). The American military sponsored their research; the army needed a computer for calculating artillery-firing tables, the settings used for different weapons under varied conditions for target accuracy.
The Ballistics Research Laboratory, or BRL, the branch of the military responsible for calculating the tables, heard about John Mauchly's research at the University of Pennsylvania's Moore School of Electrical Engineering. John Mauchly had previously created several calculating machines, some with small electric motors inside. He had begun designing (1942) a better calculating machine based on the work of John Atanasoff that would use vacuum tubes to speed up calculations.
Partnership of John Mauchly & John Presper Eckert
On May 31, 1943, the military commission on the new computer began; John Mauchly was the chief consultant and John Presper Eckert was the chief engineer. Eckert was a graduate student studying at the Moore School when he met John Mauchly in 1943. It took the team about one year to design the ENIAC and 18 months and 500,000 tax dollars to build it. By that time, the war was over. The ENIAC was still put to work by the military doing calculations for the design of a hydrogen bomb, weather prediction, cosmic-ray studies, thermal ignition, random-number studies and wind-tunnel design.
What Was Inside The ENIAC?
The ENIAC contained 17,468 vacuum tubes, along with 70,000 resistors, 10,000 capacitors, 1,500 relays, 6,000 manual switches and 5 million soldered joints. It covered 1800 square feet (167 square meters) of floor space, weighed 30 tons, consumed 160 kilowatts of electrical power. There was even a rumor that when turned on the ENIAC caused the city of Philadelphia to experience brownouts, however, this was first reported incorrectly by the Philadelphia Bulletin in 1946 and since then has become an urban myth.
In one second, the ENIAC (one thousand times faster than any other calculating machine to date) could perform 5,000 additions, 357 multiplications or 38 divisions. The use of vacuum tubes instead of switches and relays created the increase in speed, but it was not a quick machine to re-program. Programming changes would take the technicians weeks, and the machine always required long hours of maintenance. As a side note, research on the ENIAC led to many improvements in the vacuum tube.
Contributions of Doctor John Von Neumann
In 1948, Doctor John Von Neumann made several modifications to the ENIAC. The ENIAC had performed arithmetic and transfer operations concurrently, which caused programming difficulties. Von Neumann suggested that switches control code selection so pluggable cable connections could remain fixed. He added a converter code to enable serial operation.
Eckert-Mauchly Computer Corporation
In 1946, J Presper Eckert and John Mauchly started the Eckert-Mauchly Computer Corporation. In 1949, their company launched the BINAC (BINary Automatic) computer that used magnetic tape to store data.
In 1950, the Remington Rand Corporation bought the Eckert-Mauchly Computer Corporation and changed the name to the Univac Division of Remington Rand. Their research resulted in the UNIVAC (UNIVersal Automatic Computer), an important forerunner of today's computers.
In 1955, Remington Rand merged with the Sperry Corporation and formed Sperry-Rand. Eckert remained with the company as an executive and continued with the company as it later merged with the Burroughs Corporation to become Unisys.
John Presper Eckert and John Mauchly both received the IEEE Computer Society Pioneer Award in 1980.
At 11:45 p.m., October 2, 1955, with the power finally shut off, the ENIAC retired.
"...With the advent of everyday use of elaborate calculations, speed has become paramount to such a high degree that there is no machine on the market today capable of satisfying the full demand of modern computational methods." - from the ENIAC patent (U.S.#3,120,606) filed on June 26, 1947.
The ENIAC I
In 1946, John Mauchly and John Presper Eckert developed the ENIAC I (Electrical Numerical Integrator And Calculator). The American military sponsored their research; the army needed a computer for calculating artillery-firing tables, the settings used for different weapons under varied conditions for target accuracy.
The Ballistics Research Laboratory, or BRL, the branch of the military responsible for calculating the tables, heard about John Mauchly's research at the University of Pennsylvania's Moore School of Electrical Engineering. John Mauchly had previously created several calculating machines, some with small electric motors inside. He had begun designing (1942) a better calculating machine based on the work of John Atanasoff that would use vacuum tubes to speed up calculations.
Partnership of John Mauchly & John Presper Eckert
On May 31, 1943, the military commission on the new computer began; John Mauchly was the chief consultant and John Presper Eckert was the chief engineer. Eckert was a graduate student studying at the Moore School when he met John Mauchly in 1943. It took the team about one year to design the ENIAC and 18 months and 500,000 tax dollars to build it. By that time, the war was over. The ENIAC was still put to work by the military doing calculations for the design of a hydrogen bomb, weather prediction, cosmic-ray studies, thermal ignition, random-number studies and wind-tunnel design.
What Was Inside The ENIAC?
The ENIAC contained 17,468 vacuum tubes, along with 70,000 resistors, 10,000 capacitors, 1,500 relays, 6,000 manual switches and 5 million soldered joints. It covered 1800 square feet (167 square meters) of floor space, weighed 30 tons, consumed 160 kilowatts of electrical power. There was even a rumor that when turned on the ENIAC caused the city of Philadelphia to experience brownouts, however, this was first reported incorrectly by the Philadelphia Bulletin in 1946 and since then has become an urban myth.
In one second, the ENIAC (one thousand times faster than any other calculating machine to date) could perform 5,000 additions, 357 multiplications or 38 divisions. The use of vacuum tubes instead of switches and relays created the increase in speed, but it was not a quick machine to re-program. Programming changes would take the technicians weeks, and the machine always required long hours of maintenance. As a side note, research on the ENIAC led to many improvements in the vacuum tube.
Contributions of Doctor John Von Neumann
In 1948, Doctor John Von Neumann made several modifications to the ENIAC. The ENIAC had performed arithmetic and transfer operations concurrently, which caused programming difficulties. Von Neumann suggested that switches control code selection so pluggable cable connections could remain fixed. He added a converter code to enable serial operation.
Eckert-Mauchly Computer Corporation
In 1946, J Presper Eckert and John Mauchly started the Eckert-Mauchly Computer Corporation. In 1949, their company launched the BINAC (BINary Automatic) computer that used magnetic tape to store data.
In 1950, the Remington Rand Corporation bought the Eckert-Mauchly Computer Corporation and changed the name to the Univac Division of Remington Rand. Their research resulted in the UNIVAC (UNIVersal Automatic Computer), an important forerunner of today's computers.
In 1955, Remington Rand merged with the Sperry Corporation and formed Sperry-Rand. Eckert remained with the company as an executive and continued with the company as it later merged with the Burroughs Corporation to become Unisys.
John Presper Eckert and John Mauchly both received the IEEE Computer Society Pioneer Award in 1980.
At 11:45 p.m., October 2, 1955, with the power finally shut off, the ENIAC retired.
Silent Weapons for Quiet Wars
Original Article: TOP SECRET - Silent Weapons for Quiet Wars http://www.lawfulpath.com/ref/sw4qw/
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The following document, dated May 1979, was found on July 7, 1986, in an IBM copier that had been purchased at a surplus sale.
TOP SECRET
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The following document, dated May 1979, was found on July 7, 1986, in an IBM copier that had been purchased at a surplus sale.
TOP SECRET
Silent Weapons for Quiet Wars
Operations Research Technical Manual TM-SW7905.1
Welcome AboardThis publication marks the 25th anniversary of the Third World War, called the "Quiet War", being conducted using subjective biological warfare, fought with "silent weapons."
This book contains an introductory description of this war, its strategies, and its weaponry.
May 1979 #74-1120
Security
It is patently impossible to discuss social engineering or the automation of a society, i.e., the engineering of social automation systems (silent weapons) on a national or worldwide scale without implying extensive objectives of social control and destruction of human life, i.e., slavery and genocide.This manual is in itself an analog declaration of intent. Such a writing must be secured from public scrutiny. Otherwise, it might be recognized as a technically formal declaration of domestic war. Furthermore, whenever any person or group of persons in a position of great power and without full knowledge and consent of the public, uses such knowledge and methodologies for economic conquest - it must be understood that a state of domestic warfare exists between said person or group of persons and the public.
The solution of today's problems requires an approach which is ruthlessly candid, with no agonizing over religious, moral or cultural values.
You have qualified for this project because of your ability to look at human society with cold objectivity, and yet analyze and discuss your observations and conclusions with others of similar intellectual capacity without the loss of discretion or humility. Such virtues are exercised in your own best interest. Do not deviate from them.
Historical Introduction
Silent weapon technology has evolved from Operations Research (O.R.), a strategic and tactical methodology developed under the Military Management in England during World War II. The original purpose of Operations Research was to study the strategic and tactical problems of air and land defense with the objective of effective use of limited military resources against foreign enemies (i.e., logistics).It was soon recognized by those in positions of power that the same methods might be useful for totally controlling a society. But better tools were necessary.
Social engineering (the analysis and automation of a society) requires the correlation of great amounts of constantly changing economic information (data), so a high-speed computerized data-processing system was necessary which could race ahead of the society and predict when society would arrive for capitulation.
Relay computers were to slow, but the electronic computer, invented in 1946 by J. Presper Eckert and John W. Mauchly, filled the bill.
The next breakthrough was the development of the simplex method of linear programming in 1947 by the mathematician George B. Dantzig.
Then in 1948, the transistor, invented by J. Bardeen, W.H. Brattain, and W. Shockley, promised great expansion of the computer field by reducing space and power requirements.
With these three inventions under their direction, those in positions of power strongly suspected that it was possible for them to control the whole world with the push of a button.
Immediately, the Rockefeller Foundation got in on the ground floor by making a four-year grant to Harvard College, funding the Harvard Economic Research Project for the study of the structure of the American Economy. One year later, in 1949, The United States Air Force joined in.
In 1952 the grant period terminated, and a high-level meeting of the Elite was held to determine the next phase of social operations research. The Harvard project had been very fruitful, as is borne out by the publication of some of its results in 1953 suggesting the feasibility of economic (social) engineering. (Studies in the Structure of the American Economy - copyright 1953 by Wassily Leontief, International Science Press Inc., White Plains, New York).
Engineered in the last half of the decade of the 1940's, the new Quiet War machine stood, so to speak, in sparkling gold-plated hardware on the showroom floor by 1954.
With the creation of the maser in 1954, the promise of unlocking unlimited sources of fusion atomic energy from the heavy hydrogen in sea water and the consequent availability of unlimited social power was a possibility only decades away.
The combination was irresistible.
The Quiet War was quietly declared by the International Elite at a meeting held in 1954.
Although the silent weapons system was nearly exposed 13 years later, the evolution of the new weapon-system has never suffered any major setbacks.
This volume marks the 25th anniversary of the beginning of the Quiet War. Already this domestic war has had many victories on many fronts throughout the world.
Political Introduction
In 1954 it was well recognized by those in positions of authority that it was only a matter of time, only a few decades, before the general public would be able to grasp and upset the cradle of power, for the very elements of the new silent-weapon technology were as accessible for a public utopia as they were for providing a private utopia.The issue of primary concern, that of dominance, revolved around the subject of the energy sciences.
Energy
Energy is recognized as the key to all activity on earth. Natural science is the study of the sources and control of natural energy, and social science, theoretically expressed as economics, is the study of the sources and control of social energy. Both are bookkeeping systems: mathematics. Therefore, mathematics is the primary energy science. And the bookkeeper can be king if the public can be kept ignorant of the methodology of the bookkeeping.All science is merely a means to an end. The means is knowledge. The end is control. Beyond this remains only one issue: Who will be the beneficiary?
In 1954 this was the issue of primary concern. Although the so-called "moral issues" were raised, in view of the law of natural selection it was agreed that a nation or world of people who will not use their intelligence are no better than animals who do not have intelligence. Such people are beasts of burden and steaks on the table by choice and consent.
Consequently, in the interest of future world order, peace, and tranquillity, it was decided to privately wage a quiet war against the American public with an ultimate objective of permanently shifting the natural and social energy (wealth) of the undisciplined and irresponsible many into the hands of the self-disciplined, responsible, and worthy few.
In order to implement this objective, it was necessary to create, secure, and apply new weapons which, as it turned out, were a class of weapons so subtle and sophisticated in their principle of operation and public appearance as to earn for themselves the name "silent weapons."
In conclusion, the objective of economic research, as conducted by the magnates of capital (banking) and the industries of commodities (goods) and services, is the establishment of an economy which is totally predictable and manipulatable.
In order to achieve a totally predictable economy, the low-class elements of society must be brought under total control, i.e., must be housebroken, trained, and assigned a yoke and long-term social duties from a very early age, before they have an opportunity to question the propriety of the matter. In order to achieve such conformity, the lower-class family unit must be disintegrated by a process of increasing preoccupation of the parents and the establishment of government-operated day-care centers for the occupationally orphaned children.
The quality of education given to the lower class must be of the poorest sort, so that the moat of ignorance isolating the inferior class from the superior class is and remains incomprehensible to the inferior class. With such an initial handicap, even bright lower class individuals have little if any hope of extricating themselves from their assigned lot in life. This form of slavery is essential to maintain some measure of social order, peace, and tranquillity for the ruling upper class.
Descriptive Introduction of the Silent Weapon
Everything that is expected from an ordinary weapon is expected from a silent weapon by its creators, but only in its own manner of functioning.It shoots situations, instead of bullets; propelled by data processing, instead of chemical reaction (explosion); originating from bits of data, instead of grains of gunpowder; from a computer, instead of a gun; operated by a computer programmer, instead of a marksman; under the orders of a banking magnate, instead of a military general.
It makes no obvious explosive noises, causes no obvious physical or mental injuries, and does not obviously interfere with anyone's daily social life.
Yet it makes an unmistakable "noise," causes unmistakable physical and mental damage, and unmistakably interferes with the daily social life, i.e., unmistakable to a trained observer, one who knows what to look for.
The public cannot comprehend this weapon, and therefore cannot believe that they are being attacked and subdued by a weapon.
The public might instinctively feel that something is wrong, but that is because of the technical nature of the silent weapon, they cannot express their feeling in a rational way, or handle the problem with intelligence. Therefore, they do not know how to cry for help, and do not know how to associate with others to defend themselves against it.
When a silent weapon is applied gradually, the public adjusts/adapts to its presence and learns to tolerate its encroachment on their lives until the pressure (psychological via economic) becomes too great and they crack up.
Therefore, the silent weapon is a type of biological warfare. It attacks the vitality, options, and mobility of the individuals of a society by knowing, understanding, manipulating, and attacking their sources of natural and social energy, and their physical, mental, and emotional strengths and weaknesses.
Theoretical Introduction
Give me control over a nation's currency, and I care not who makes its laws.-- Mayer Amschel Rothschild, 1743 - 1812)Today's silent weapons technology is an outgrowth of a simple idea discovered, succinctly expressed, and effectively applied by the quoted Mr. Mayer Amschel Rothschild. Mr. Rothschild discovered the missing passive component of economic theory known as economic inductance. He, of course, did not think of his discovery in these 20th-century terms, and, to be sure, mathematical analysis had to wait for the Second Industrial Revolution, the rise of the theory of mechanics and electronics, and finally, the invention of the electronic computer before it could be effectively applied in the control of the world economy.
General Energy Concepts
In the study of energy systems, there always appears three elementary concepts. These are potential energy, kinetic energy, and energy dissipation. And corresponding to these concepts, there are three idealized, essentially pure physical counterparts called passive components.- In the science of physical mechanics, the phenomenon of potential energy is associated with a physical property called elasticity or stiffness, and can be represented by a stretched spring.In electronic science, potential energy is stored in a capacitor instead of a spring. This property is called capacitance instead of elasticity or stiffness.
- In the science of physical mechanics, the phenomenon of kinetic energy is associated with a physical property called inertia or mass, and can be represented by a mass or a flywheel in motion.In electronic science, kinetic energy is stored in an inductor (in a magnetic field) instead of a mass. This property is called inductance instead of inertia.
- In the science of physical mechanics, the phenomenon of energy dissipation is associated with a physical property called friction or resistance, and can be represented by a dashpot or other device which converts energy into heat.In electronic science, dissipation of energy is performed by an element called either a resistor or a conductor, the term "resistor" being the one generally used to describe a more ideal device (e.g., wire) employed to convey electronic energy efficiently from one location to another. The property of a resistance or conductor is measured as either resistance or conductance reciprocals.
- Economic Capacitance - Capital (money, stock/inventory, investments in buildings and durables, etc.)
- Economic Conductance - Goods (production flow coefficients)
- Economic Inductance - Services (the influence of the population of industry on output)
Mr. Rothchild's Energy Discovery
What Mr. Rothschild had discovered was the basic principle of power, influence, and control over people as applied to economics. That principle is "when you assume the appearance of power, people soon give it to you."Mr. Rothschild had discovered that currency or deposit loan accounts had the required appearance of power that could be used to induce people (inductance, with people corresponding to a magnetic field) into surrendering their real wealth in exchange for a promise of greater wealth (instead of real compensation). They would put up real collateral in exchange for a loan of promissory notes. Mr. Rothschild found that he could issue more notes than he had backing for, so long as he had someone's stock of gold as a persuader to show his customers.
Mr. Rothschild loaned his promissory notes to individual and to governments. These would create overconfidence. Then he would make money scarce, tighten control of the system, and collect the collateral through the obligation of contracts. The cycle was then repeated. These pressures could be used to ignite a war. Then he would control the availability of currency to determine who would win the war. That government which agreed to give him control of its economic system got his support.
Collection of debts was guaranteed by economic aid to the enemy of the debtor. The profit derived from this economic methodology mad Mr. Rothschild all the more able to expand his wealth. He found that the public greed would allow currency to be printed by government order beyond the limits (inflation) of backing in precious metal or the production of goods and services.
Apparent Capital as "Paper" Inductor
In this structure, credit, presented as a pure element called "currency," has the appearance of capital, but is in effect negative capital. Hence, it has the appearance of service, but is in fact, indebtedness or debt. It is therefore an economic inductance instead of an economic capacitance, and if balanced in no other way, will be balanced by the negation of population (war, genocide). The total goods and services represent real capital called the gross national product, and currency may be printed up to this level and still represent economic capacitance; but currency printed beyond this level is subtractive, represents the introduction of economic inductance, and constitutes notes of indebtedness.War is therefore the balancing of the system by killing the true creditors (the public which we have taught to exchange true value for inflated currency) and falling back on whatever is left of the resources of nature and regeneration of those resources.
Mr. Rothschild had discovered that currency gave him the power to rearrange the economic structure to his own advantage, to shift economic inductance to those economic positions which would encourage the greatest economic instability and oscillation.
The final key to economic control had to wait until there was sufficient data and high-speed computing equipment to keep close watch on the economic oscillations created by price shocking and excess paper energy credits - paper inductance/inflation.
Breakthrough
The aviation field provided the greatest evolution in economic engineering by way of the mathematical theory of shock testing. In this process, a projectile is fired from an airframe on the ground and the impulse of the recoil is monitored by vibration transducers connected to the airframe and wired to chart recorders.By studying the echoes or reflections of the recoil impulse in the airframe, it is possible to discover critical vibrations in the structure of the airframe which either vibrations of the engine or aeolian vibrations of the wings, or a combination of the two, might reinforce resulting in a resonant self-destruction of the airframe in flight as an aircraft. From the standpoint of engineering, this means that the strengths and weaknesses of the structure of the airframe in terms of vibrational energy can be discovered and manipulated.
Application in Economics
To use this method of airframe shock testing in economic engineering, the prices of commodities are shocked, and the public consumer reaction is monitored. The resulting echoes of the economic shock are interpreted theoretically by computers and the psycho-economic structure of the economy is thus discovered. It is by this process that partial differential and difference matrices are discovered that define the family household and make possible its evaluation as an economic industry (dissipative consumer structure).Then the response of the household to future shocks can be predicted and manipulated, and society becomes a well-regulated animal with its reins under the control of a sophisticated computer-regulated social energy bookkeeping system.
Eventually every individual element of the structure comes under computer control through a knowledge of personal preferences, such knowledge guaranteed by computer association of consumer preferences (universal product code, UPC; zebra-striped pricing codes on packages) with identified consumers (identified via association with the use of a credit card and later a permanent "tattooed" body number invisible under normal ambient illumination).
Summary
Economics is only a social extension of a natural energy system. It, also, has its three passive components. Because of the distribution of wealth and the lack of communication and lack of data, this field has been the last energy field for which a knowledge of these three passive components has been developed.Since energy is the key to all activity on the face of the earth, it follows that in order to attain a monopoly of energy, raw materials, goods, and services and to establixh a world system of slave labor, it is necessary to have a first strike capability in the field of economics. In order to maintain our position, it is necessary that we have absolute first knowledge of the science of control over all economic factors and the first experience at engineering the world economy.
In order to achieve such sovereignty, we must at least achieve this one end: that the public will not make either the logical or mathematical connection between economics and the other energy sciences or learn to apply such knowledge.
This is becoming increasingly difficult to control because more and more businesses are making demands upon their computer programmers to create and apply mathematical models for the management of those businesses.
It is only a matter of time before the new breed of private programmer/economists will catch on to the far reaching implications of the work begun at Harvard in 1948. The speed with which they can communicate their warning to the public will largely depend upon how effective we have been at controlling the media, subverting education, and keeping the public distracted with matters of no real importance.
The Economic Model
Economics, as a social energy science has as a first objective the description of the complex way in which any given unit of resources is used to satisfy some economic want. (Leontief Matrix). This first objective, when it is extended to get the most product from the least or limited resources, comprises that objective of general military and industrial logistics known as Operations Research. (See simplex method of linear programming.)The Harvard Economic Research Project (1948-) was an extension of World War II Operations Research. Its purpose was to discover the science of controlling an economy: at first the American economy, and then the world economy. It was felt that with sufficient mathematical foundation and data, it would be nearly as easy to predict and control the trend of an economy as to predict and control the trajectory of a projectile. Such has proven to be the case. Moreover, the economy has been transformed into a guided missile on target.
The immediate aim of the Harvard project was to discover the economic structure, what forces change that structure, how the behavior of the structure can be predicted, and how it can be manipulated. What was needed was a well-organized knowledge of the mathematical structures and interrelationships of investment, production, distribution, and consumption.
To make a short story of it all, it was discovered that an economy obeyed the same laws as electricity and that all of the mathematical theory and practical and computer know-how developed for the electronic field could be directly applied in the study of economics. This discovery was not openly declared, and its more subtle implications were and are kept a closely guarded secret, for example that in an economic model, human life is measured in dollars, and that the electric spark generated when opening a switch connected to an active inductor is mathematically analogous to the initiation of war.
The greatest hurdle which theoretical economists faced was the accurate description of the household as an industry. This is a challenge because consumer purchases are a matter of choice which in turn is influenced by income, price, and other economic factors.
This hurdle was cleared in an indirect and statistically approximate way by an application of shock testing to determine the current characteristics, called current technical coefficients, of a household industry
Finally, because problems in theoretical electronics can be translated very easily into problems of theoretical electronics, and the solution translated back again, it follows that only a book of language translation and concept definition needed to be written for economics. The remainder could be gotten from standard works on mathematics and electronics. This makes the publication of books on advanced economics unnecessary, and greatly simplifies project security.
Industrial Diagrams
An ideal industry is defined as a device which receives value from other industries in several forms and converts them into one specific product for sales and distribution to other industries. It has several inputs and one output. What the public normally thinks of as one industry is really an industrial complex, where several industries under one roof produce one or more products.A pure (single output) industry can be represented oversimply by a circuit block as follows:
The flow of product from industry #1 (supply) to industry #2 (demand) is denoted by 112. The total flow out of industry "K" is denoted by Ik (sales, etc.).
A three industry network can be diagrammed as follows:
A node is a symbol of collection and distribution of flow. Node #3 receives from industry #3 and distributes to industries #1 and #3. If industry #3 manufactures chairs, then a flow from industry #3 back to industry #3 simply indicates that industry #3 is using part of its own output product, for example, as office furniture. Therefore the flow may be summarized by the equations:
Three Industrial Classes
Industries fall into three categories or classes by type of output:- Class #1 - Capital (resources)
- Class #2 - Goods (commodities or use - dissipative)
- Class #3 - Services (action of population)
- Class #1 industries exist at three levels:
- Nature - sources of energy and raw materials.
- Government - printing of currency equal to the gross national product (GNP), and extension of currency in excess of GNP.
- Banking - loaning of money for interest, and extension (inflation/counterfeiting) of economic value through the deposit loan accounts.
- Class #2 industries exist as producers of tangible or consumer (dissipated) products. This sort of activity is usually recognized and labeled by the public as "industry."
- Class #3 industries are those which have service rather than a tangible product as their output. These industries are called (1) households, and (2) governments. Their output is human activity of a mechanical sort, and their basis is population.
Aggregation
The whole economic system can be represented by a three-industry model if one allows the names of the outputs to be (1) capital, (2) goods, and (3) services. The problem with this representation is that it would not show the influence, say, the textile industry on the ferrous metal industry. This is because both the textile industry and the ferrous metal industry would be contained within a single classification called the "goods industry" and by this process of combining or aggregating these two industries under one system block they would lose their economic individuality.The E-Model
A national economy consists of simultaneous flows of production, distribution, consumption, and investment. If all of these elements including labor and human functions are assigned a numerical value in like units of measure, say, 1939 dollars, then this flow can be further represented by a current flow in an electronic circuit, and its behavior can be predicted and manipulated with useful precision.The three ideal passive energy components of electronics, the capacitor, the resistor, and the inductor correspond to the three ideal passive energy components of economics called the pure industries of capital, goods, and services, respectively.
- Economic capacitance represents the storage of capital in one form or another.
- Economic conductance represents the level of conductance of materials for the production of goods.
- Economic inductance represents the inertia of economic value in motion. This is a population phenomenon known as services.
Economic Inductance
An electrical inductor (e.g., a coil or wire) has an electric current as its primary phenomenon and a magnetic field as its secondary phenomenon (inertia). Corresponding to this, an economic inductor has a flow of economic value as its primary phenomenon and a population field as its secondary field phenomenon of inertia. When the flow of economic value (e.g., money) diminishes, the human population field collapses in order to keep the economic value (money) flowing (extreme case - war).This public inertia is a result of consumer buying habits, expected standard of living, etc., and is generally a phenomenon of self-preservation.
Inductive Factors to Consider
- Population
- Magnitude of the economic activities of the government
- The method of financing these government activities (See Peter-Paul Principle - inflation of the currency.)
Translation
(a few examples will be given.)- Charge: coulombs; dollars (1939).
- Flow/Current: amperes (coulombs per second); dollars of flow per year.
- Motivating Force: volts; dollars (output) demand.
- Conductance: amperes per volt; dollars of flow per year per dollar demand.
- Capacitance: coulombs per volt; dollars of production inventory/stock per dollar demand.
Time Flow Relationships and Self-Destructive Oscillations
An ideal industry may be symbolized electronically in various ways. The simplest way is to represent a demand by a voltage and a supply by a current. When this is done, the relationship between the two becomes what is called an admittance, which can result from three economic factors: (1) foresight flow, (2) present flow, and (3) hindsight flow.- Foresight flow is the result of that property of living entities to cause energy (food) to be stored for a period of low energy (e.g., a winter season). It consists of demands made upon an economic system for that period of low energy (winter season).In a production industry it takes several forms, one of which is known as production stock or inventory. In electronic symbology this specific industry demand (a pure capital industry) is represented by capacitance and the stock or resource is represented by a stored charge. Satisfaction of an industry demand suffers a lag because of the loading effect of inventory priorities.
- Present flow ideally involves no delays. It is, so to speak, input today for output today, a "hand to mouth" flow. In electronic symbology, this specific industry demand (a pure us industry) is represented by a conductance which is then a simple economic valve (a dissipative element).
- Hindsight flow is known as habit or inertia. In electronics this phenomenon is the characteristic of an inductor (economic analog = a pure service industry) in which a current flow (economic analog = flow of money) creates a magnetic field (economic analog = active human population) which, if the current (money flow) begins to diminish, collapse (war) to maintain the current (flow of money - energy).Other large alternatives to war as economic inductors or economic flywheels are an open-ended social welfare program, or an enormous (but fruitful) open-ended space program.
The problem with stabilizing the economic system is that there is too much demand on account of (1) too much greed and (2) too much population.
This creates excessive economic inductance which can only be balanced with economic capacitance (true resources or value - e.g., in goods or services).
The social welfare program is nothing more than an open-ended credit balance system which creates a false capital industry to give nonproductive people a roof over their heads and food in their stomachs. This can be useful, however, because the recipients become state property in return for the "gift," a standing army for the elite. For he who pays the piper picks the tune.
Those who get hooked on the economic drug, must go to the elite for a fix. In this, the method of introducing large amounts of stabilizing capacitance is by borrowing on the future "credit" of the world. This is a fourth law of motion - onset, and consists of performing an action and leaving the system before the reflected reaction returns to the point of action - a delayed reaction.
The means of surviving the reaction is by changing the system before the reaction can return. By this means, politicians become more popular in their own time and the public pays later. In fact, the measure of such a politician is the delay time.
The same thing is achieved by a government by printing money beyond the limit of the gross national product, and economic process called inflation. This puts a large quantity of money into the hands of the public and maintains a balance against their greed, creates a false self-confidence in them and, for awhile, stays the wolf from the door.
They must eventually resort to war to balance the account, because war ultimately is merely the act of destroying the creditor, and the politicians are the publicly hired hit men that justify the act to keep the responsibility and blood off the public conscience. (See section on consent factors and social-economic structuring.)
If the people really cared about their fellow man, they would control their appetites (greed, procreation, etc.) so that they would not have to operate on a credit or welfare social system which steals from the worker to satisfy the bum.
Since most of the general public will not exercise restraint, there are only two alternatives to reduce the economic inductance of the system.- Let the populace bludgeon each other to death in war, which will only result in a total destruction of the living earth.
- Take control of the world by the use of economic "silent weapons" in a form of "quiet warfare" and reduce the economic inductance of the world to a safe level by a process of benevolent slavery and genocide.
It is left to those few who are truly willing to think and survive as the fittest to survive, to solve the problem for themselves as the few who really care. Otherwise, exposure of the silent weapon would destroy our only hope of preserving the seed of the future true humanity.Industry Equivalent Circuits
The industry 'Q' can be given a block symbol as follows:
The equivalent circuit of industry 'Q' is given as follows:
All inputs are at zero volts.
A - Amplifier - causes output current IQ to be represented by a voltage EQ. Amplifier delivers sufficient current at EQ to drive all loads Y10 through YmQ and sink all currents i1Q through imQ.
The unit transconductance amplifier AQ is constructed as follows:
The flow of commodities from industry P to industry Q is given by iPQ evaluated by the formula:iPQ = YPQ* EQ. When the admittance YPQ is a simple conductance, this formula takes on the common appearance of Ohm's Law,iPQ = gPQ* IQ. The interconnection of a three industry system can be diagrammed as follows. The blocks of the industry diagram can be opened up revealing the technical coefficients, and a much simpler format. The equations of flow are given as follows:
Stages of Schematic Simplification
Generalization
All of this may now be summarized.
Let Ij represent the output of industry j, and- ijk, the amount of the product of industry j absorbed annually by industry k, and
- ijo, the amount of the same product j made available for 'outside' use. Then
Final Bill of Goods
The Technical Coefficients
The quantities yjk are called the technical coefficients of the industrial system. They are admittances and can consist of any combination of three passive parameters, conductance, capacitance, and inductance. Diodes are used to make the flow unidirectional and point against the flow.- gjk = economic conductance, absorption coefficient
- yjk = economic capacitance, capital coefficient
- Ljk = economic inductance, human activity coefficient
Types of Admittances
The Household Industry
The industries of finance (banking), manufacturing, and government, real counterparts of the pure industries of capital, goods, and services, are easily defined because they are generally logically structured. Because of this their processes can be described mathematically and their technical coefficients can be easily deduced. This, however, is not the case with the service industry known as the household industry.Household Models
When the industry flow diagram is represented by a 2-block system of households on the right and all other industries on the left, the following results:
The problem which a theoretical economist faces is that the consumer preferences of any household is not easily predictable and the technical coefficients of any one household tend to be a nonlinear, very complex, and variable function of income, prices, etc.
Computer information derived from the use of the universal product code in conjuction with credit-card purchase as an individual household identifier could change this state of affairs, but the U.P.C. method is not yet available on a national or even a significant regional scale. To compensate for this data deficiency, an alternate indirect approach of analysis has been adopted known as economic shock testing. This method, widely used in the aircraft manufacturing industry, develops an aggregate statistical sort of data.
Applied to economics, this means that all of the households in one region or in the whole nation are studied as a group or class rather than individually, and the mass behavior rather than the individual behavior is used to discover useful estimates of the technical coefficients governing the economic structure of the hypothetical single-household industry.
Notice in the industry flow diagram that the values for the flows A, B, C, etc. are accessible to measurement in terms of selling prices and total sales of commodities.
One method of evaluating the technical coefficients of the household industry depends upon shocking the prices of a commodity and noting the changes in the sales of all of the commodities.Economic Shock Testing
In recent times, the application of Operations Research to the study of the public economy has been obvious for anyone who understands the principles of shock testing.In the shock testing of an aircraft airframe, the recoil impulse of firing a gun mounted on that airframe causes shock waves in that structure which tell aviation engineers the conditions under which some parts of the airplane or the whole airplane or its wings will start to vibrate or flutter like a guitar string, a flute reed, or a tuning fork, and disintegrate or fall apart in flight.
Economic engineers achieve the same result in studying the behavior of the economy and the consumer public by carefully selecting a staple commodity such as beef, coffee, gasoline, or sugar, and then causing a sudden change or shock in its price or availability, thus kicking everybody's budget and buying habits out of shape.
They then observe the shock waves which result by monitoring the changes in advertising, prices, and sales of that and other commodities.
The objective of such studies is to acquire the know-how to set the public economy into a predictable state of motion or change, even a controlled self-destructive state of motion which will convince the public that certain "expert" people should take control of the money system and reestablish security (rather than liberty and justice) for all. When the subject citizens are rendered unable to control their financial affairs, they, of course, become totally enslaved, a source of cheap labor.
Not only the prices of commodities, but also the availability of labor can be used as the means of shock testing. Labor strikes deliver excellent tests shocks to an economy, especially in the critical service areas of trucking (transportation), communication, public utilities (energy, water, garbage collection), etc.
By shock testing, it is found that there is a direct relationship between the availability of money flowing in an economy and the real psychological outlook and response of masses of people dependent upon that availability.
For example, there is a measurable quantitative relationship between the price of gasoline and the probability that a person would experience a headache, feel a need to watch a violent movie, smoke a cigarette, or go to a tavern for a mug of beer.
It is most interesting that, by observing and measuring the economic models by which the public tries to run from their problems and escape from reality, and by applying the mathematical theory of Operations Research, it is possible to program computers to predict the most probable combination of created events (shocks) which will bring about a complete control and subjugation of the public through a subversion of the public economy (by shaking the plum tree).Introduction to the Theory of Economic Shock Testing
Let the prices and total sales of commodities be given and symbolized as follows:Commodities Price Function Total Sales alcoholic beverages A 
Abeef B Bcoffee C Cgasoline G Gsugar S Stobacco T Tunknown balance U UExample of Shock Testing
Assume that the total sales, P, of petroleum products can be described by the linear function of the quantities B, G, and M, which are functions of the prices of those respective commodities.P = aPG B + aPG G + aPM M Then where B, G, and M are functions of the prices of beef, gasoline, and miscellaneous, respectively, and aPB, aPG, and aPM are constant coefficients defining the amount by which each of the functions B, G, and M affect the sales, P, of petroleum products. We are assuming that B, G, and M are variables independent of each other.
If the availability or price of gasoline is suddenly changed, then G must be replaced by G +
G. This causes a change in the petroleum sales from P to P + P. Also we will assume that B and M remain constant when G changes to G + G. (P + This is a rate of change in P due only to an isolated change in G, P) = aPB B + aPG (G + G) + aPMM.Expanding upon this expression, we get
P + P = aPB B + aPG G + aPG G + aPM M
and subtracting the original value of P we get for the change in P
Change in P = P = aPG G
Dividing by G we get
aPG = P / G . G.
In general, ajk is the partial rate of change in the sales effect j due to a change in the causal price function of commodity k. If the interval of time were infinitesimal, this expression would be reduced to the definition of the total differential of a function, P.
There are other factors which may be represented the same way.
For example, the tendency of a docile sub-nation to withdraw under economic pressure may be given by
andX1 = G Y1 = P - KP X2 = B Y2 = F - KF X3 = etc. Y3 = etc. [bkj] [Yj ] = [Xk] . This is the result into which we substitute to get that set of conditions of prices of commodities, bad news on TV, etc., which will deliver a collapse of public morale ripe for take over.
Once the economic price and sales coefficients ajk and bkj are determined, they may be translated into the technical supply and demand coefficients gjk, Cjk, and 1/Ljk.
Shock testing of a given commodity is then repeated to get the time rate of change of these technical coefficients.Introduction to Economic Amplifiers
Economic amplifiers are the active components of economic engineering. The basic characteristic of any amplifier (mechanical, electrical, or economic) is that it receives an input control signal and delivers energy from an independent energy source to a specified output terminal in a predictable relationship to that input control signal.The simplest form of an economic amplifier is a device called advertising.
If a person is spoken to by a T.V. advertiser as if he were a twelve-year-old, then, due to suggestibility, he will, with a certain probability, respond or react to that suggestion with the uncritical response of a twelve-year-old and will reach into his economic reservoir and deliver its energy to but that product on impulse when he passes it in the store.
An economic amplifier may have several inputs and output. Its response might be instantaneous or delayed. Its circuit symbol might be a rotary switch if its options are exclusive, qualitative, "go" or "no-go", or it might have its parametric input/output relationships specified by a matrix with internal energy sources represented.
Whatever its form might be, its purpose is to govern the flow of energy from a source to an output sink in direct relationship to an input control signal. For this reason, it is called an active circuit element or component.
Economic Amplifiers fall into classes called strategies, and, in comparison with electronic amplifiers, the specific internal functions of an economic amplifier are called logistical instead of electrical.
Therefore, economic amplifiers not only deliver power gain but also, in effect, are used to cause changes in the economic circuitry.
In the design of an economic amplifier we must have some idea of at least five functions, which are:- the available input signals
- the desired output-control objectives,
- the strategic objective,
- the available economic power sources,
- the logistical options.
Most of the error will be in the input data signal. Personal input data tends to be specified, while national input data tends to be statistical.Short List of Inputs
Questions to be answered:- what
- where
- why
- when
- how
- who
- telephone taps
- analysis of garbage
- surveillance
- behavior of children in school
- food
- shelter
- clothing
- transportation
- telephone - itemized record of calls
- family - marriage certificates, birth certificates, etc.
- friends, associates, etc.
- memberships in organizations
- political affiliation
The Personal Paper Trail
Personal buying habits, i.e., personal consumer preferences:- checking accounts
- credit-card purchases
- "tagged" credit-card purchases - the credit-card purchase of products bearing the U.P.C. (Universal Product Code)
- checking accounts
- savings accounts
- real estate
- business
- automobile, etc.
- safety deposit at bank
- stock market
- creditors
- enemies (see - legal)
- loans
- Welfare
- Social Security
- U.S.D.A. surplus food
- doles
- grants
- subsidies
- Internal Revenue Service
- OSHA
- Census
- etc.
Habit Patterns -- Programming
Strengths and weaknesses:- activities (sports, hobbies, etc.)
- see "legal" (fear, anger, etc. -- crime record)
- hospital records (drug sensitivities, reaction to pain, etc.)
- psychiatric records (fears, angers, disgusts, adaptability, reactions to stimuli, violence, suggestibility or hypnosis, pain, pleasure, love, and sex)
- consumption of alcohol
- consumption of drugs
- entertainment
- religious factors influencing behavior
- other methods of escaping from reality
- payment of telephone bills
- energy purchases
- water purchases
- repayment of loans
- house payments
- automobile payments
- payments on credit cards
- beliefs
- contacts
- position
- strengths/weaknesses
- projects/activities
- court records
- police records -- NCIC
- driving record
- reports made to police
- insurance information
- anti-establishment acquaintances
National Input Information
Business sources (via I.R.S., etc):- prices of commodities
- sales
- investments in
- stocks/inventory
- production tools and machinery
- buildings and improvements
- the stock market
- credit information
- payment information
- polls and surveys
- publications
- telephone records
- energy and utility purchases
Short List of Outputs
Outputs -- create controlled situations -- manipulation of the economy, hence society -- control by control of compensation and income.Sequence:- allocates opportunities.
- destroys opportunities.
- controls the economic environment.
- controls the availability of raw materials.
- controls capital.
- controls bank rates.
- controls the inflation of the currency.
- controls the possession of property.
- controls industrial capacity.
- controls manufacturing.
- controls the availability of goods (commodities).
- controls the prices of commodities.
- controls services, the labor force, etc.
- controls payments to government officials.
- controls the legal functions.
- controls the personal data files -- uncorrectable by the party slandered.
- controls advertising.
- controls media contact.
- controls material available for T.V. viewing
- disengages attention from real issues.
- engages emotions.
- creates disorder, chaos, and insanity.
- controls design of more probing tax forms.
- controls surveillance.
- controls the storage of information.
- develops psychological analyses and profiles of individuals.
- controls legal functions [repeat of 15]
- controls sociological factors.
- controls health options.
- preys on weakness.
- cripples strengths.
- leaches wealth and substance.
Table of Strategies
Do this: To get this: Keep the public ignorant Less public organization Maintain access to control Required reaction to outputs (prices, points for feedback sales) Create preoccupation Lower defenses Attack the family unit Control of the education of the young Give less cash and more More self-indulgence and more data credit and doles Attack the privacy Destroy faith in this sort of of the church government Social conformity Computer programming simplicity Minimize the tax protest Maximum economic data, minimum enforcement problems Stabilize the consent Simplicity coefficients Tighten control of variables Simpler computer input data -- greater predictability Establish boundary Problem simplicity / solutions of conditions differential and difference equations Proper timing Less data shift and blurring Maximize control Minimum resistance to control Collapse of currency Destroy the faith of the American people in each other.Diversion, the Primary Strategy
Experience has prevent that the simplest method of securing a silent weapon and gaining control of the public is to keep the public undisciplined and ignorant of the basic system principles on the one hand, while keeping them confused, disorganized, and distracted with matters of no real importance on the other hand.This is achieved by:- disengaging their minds; sabotaging their mental activities; providing a low-quality program of public education in mathematics, logic, systems design and economics; and discouraging technical creativity.
- engaging their emotions, increasing their self-indulgence and their indulgence in emotional and physical activities, by:
- unrelenting emotional affrontations and attacks (mental and emotional rape) by way of constant barrage of sex, violence, and wars in the media - especially the T.V. and the newspapers.
- giving them what they desire - in excess - "junk food for thought" - and depriving them of what they really need.
- rewriting history and law and subjecting the public to the deviant creation, thus being able to shift their thinking from personal needs to highly fabricated outside priorities.
Diversion Summary
Media: Keep the adult public attention diverted away from the real social issues, and captivated by matters of no real importance.Schools: Keep the young public ignorant of real mathematics, real economics, real law, and real history.
Entertainment: Keep the public entertainment below a sixth-grade level.
Work: Keep the public busy, busy, busy, with no time to think; back on the farm with the other animals.Consent, the Primary Victory
A silent weapon system operates upon data obtained from a docile public by legal (but not always lawful) force. Much information is made available to silent weapon systems programmers through the Internal Revenue Service. (See Studies in the Structure of the American Economy for an I.R.S. source list.)This information consists of the enforced delivery of well-organized data contained in federal and state tax forms, collected, assembled, and submitted by slave labor provided by taxpayers and employers.
Furthermore, the number of such forms submitted to the I.R.S. is a useful indicator of public consent, an important factor in strategic decision making. Other data sources are given in the Short List of Inputs.
Consent Coefficients - numerical feedback indicating victory status. Psychological basis: When the government is able to collect tax and seize private property without just compensation, it is an indication that the public is ripe for surrender and is consenting to enslavement and legal encroachment. A good and easily quantified indicator of harvest time is the number of public citizens who pay income tax despite an obvious lack of reciprocal or honest service from the government.Amplification Energy Sources
The next step in the process of designing an economic amplifier is discovering the energy sources. The energy sources which support any primitive economic system are, of course, a supply of raw materials, and the consent of the people to labor and consequently assume a certain rank, position, level, or class in the social structure, i.e., to provide labor at various levels in the pecking order.Each class, in guaranteeing its own level of income, controls the class immediately below it, hence preserves the class structure. This provides stability and security, but also government from the top.
As time goes on and communication and education improve, the lower-class elements of the social labor structure become knowledgeable and envious of the good things that the upper-class members have. They also begin to attain a knowledge of energy systems and the ability to enforce their rise through the class structure.
This threatens the sovereignty of the elite.
If this rise of the lower classes can be postponed long enough, the elite can achieve energy dominance, and labor by consent no longer will hold a position of an essential energy source.
Until such energy dominance is absolutely established, the consent of people to labor and let others handle their affairs must be taken into consideration, since failure to do so could cause the people to interfere in the final transfer of energy sources to the control of the elite.
It is essential to recognize that at this time, public consent is still an essential key to the release of energy in the process of economic amplification.
Therefore, consent as an energy release mechanism will now be considered.Logistics
The successful application of a strategy requires a careful study of inputs, outputs, the strategy connecting the inputs and the outputs, and the available energy sources to fuel the strategy. This study is called logistics.A logistical problem is studied at the elementary level first, and then levels of greater complexity are studied as a synthesis of elementary factors.
This means that a given system is analyzed, i.e., broken down into its subsystems, and these in turn are analyzed, until by this process, one arrives at the logistical "atom," the individual.
This is where the process of synthesis propery begins, at the time of birth of the individual.The Artificial Womb
From the time a person leaves its mother's womb, its every effort is directed towards building, maintaining, and withdrawing into artificial wombs, various sorts of substitute protective devices or shells.The objective of these artificial wombs is to provide a stable environment for both stable and unstable activity; to provide a shelter for the evolutionary processes of growth and maturity - i.e., survival; to provide security for freedom and to provide defensive protection for offensive activity.
This is equally true of both the general public and the elite. However, there is a definite difference in the way each of these classes go about the solution of problems.The Political Structure of a Nation - Dependency
The primary reason why the individual citizens of a country create a political structure is a subconscious wish or desire to perpetuate their own dependency relationship of childhood. Simply put, they want a human god to eliminate all risk from their life, pat them on the head, kiss their bruises, put a chicken on every dinner table, clothe their bodies, tuck them into bed at night, and tell them that everything will be alright when they wake up in the morning.This public demand is incredible, so the human god, the politician, meets incredibility with incredibility by promising the world and delivering nothing. So who is the bigger liar? the public? or the "godfather"?
This public behavior is surrender born of fear, laziness, and expediency. It is the basis of the welfare state as a strategic weapon, useful against a disgusting public.Action/Offense
Most people want to be able to subdue and/or kill other human beings which disturb their daily lives, but they do not want to have to cope with the moral and religious issues which such an overt act on their part might raise. Therefore, they assign the dirty work to others (including their own children) so as to keep the blood off their hands. They rave about the humane treatment of animals and then sit down to a delicious hamburger from a whitewashed slaughterhouse down the street and out of sight. But even more hypocritical, they pay taxes to finance a professional association of hit men collectively called politicians, and then complain about corruption in government.Responsibility
Again, most people want to be free to do the things (to explore, etc.) but they are afraid to fail.The fear of failure is manifested in irresponsibility, and especially in delegating those personal responsibilities to others where success is uncertain or carries possible or created liabilities (law) which the person is not prepared to accept. They want authority (root word - "author"), but they will not accept responsibility or liability. So they hire politicians to face reality for them.Summary
The people hire the politicians so that the people can:- obtain security without managing it.
- obtain action without thinking about it.
- inflict theft, injury, and death upon others without having to contemplate either life or death.
- avoid responsibility for their own intentions.
- obtain the benefits of reality and science without exerting themselves in the discipline of facing or learning either of these things.
- provide for the survival of the nation/womb.
- prevent encroachment of anything upon the nation/womb.
- destroy the enemy who threatens the nation/womb.
- destroy those citizens of their own country who do not conform for the sake of stability of the nation/womb.
System Analysis
In order to make meaningful computerized economic decisions about war, the primary economic flywheel, it is necessary to assign concrete logistical values to each element of the war structure - personnel and material alike.This process begins with a clear and candid description of the subsystems of such a structure.The Draft (As military service)
Few efforts of human behavior modification are more remarkable or more effective than that of the socio-military institution known as the draft. A primary purpose of a draft or other such institution is to instill, by intimidation, in the young males of a society the uncritical conviction that the government is omnipotent. He is soon taught that a prayer is slow to reverse what a bullet can do in an instant. Thus, a man trained in a religious environment for eighteen years of his life can, by this instrument of the government, be broken down, be purged of his fantasies and delusions in a matter of mere months. Once that conviction is instilled, all else becomes easy to instill.Even more interesting is the process by which a young man's parents, who purportedly love him, can be induced to send him off to war to his death. Although the scope of this work will not allow this matter to be expanded in full detail, nevertheless, a coarse overview will be possible and can serve to reveal those factors which must be included in some numerical form in a computer analysis of social and war systems.
We begin with a tentative definition of the draft.
- The draft (selective service, etc.) is an institution of compulsory collective sacrifice and slavery, devised by the middle-aged and elderly for the purpose of pressing the young into doing the public dirty work. It further serves to make the youth as guilty as the elders, thus making criticism of the elders by the youth less likely (Generational Stabilizer). It is marketed and and sold to the public under the label of "patriotic = national" service.Once a candid economic definition of the draft is achieved, that definition is used to outline the boundaries of a structure called a Human Value System, which in turn is translated into the terms of game theory. The value of such a slave laborer is given in a Table of Human Values, a table broken down into categories by intellect, experience, post-service job demand, etc.
Some of these categories are ordinary and can be tentatively evaluated in terms of the value of certain jobs for which a known fee exists. Some jobs are harder to value because they are unique to the demands of social subversion, for an extreme example: the value of a mother's instruction to her daughter, causing that daughter to put certain behavioral demands upon a future husband ten or fifteen years hence; thus, by suppressing his resistance to a perversion of a government, making it easier for a banking cartel to buy the State of New York in, say, twenty years.
Such a problem leans heavily upon the observations and data of wartime espionage and many types of psychological testing. But crude mathematical models (algorithms, etc.) can be devised, if not to predict, at least to predeterminate these events with maximum certainty. What does not exist by natural cooperation is thus enhanced by calculated compulsion. Human beings are machines, levers which may be grasped and turned, and there is little real difference between automating a society and automating a shoe factory.
These derived values are variable. (It is necessary to use a current Table of Human Values for computer analysis.) These values are given in true measure rather than U.S. dollars, since the latter is unstable, being presently inflated beyond the production of national goods and services so as to give the economy a false kinetic energy ("paper" inductance).
The silver value is stable, it being possible to buy the same amount with a gram of silver today as it could be bought in 1920. Human value measured in silver units changes slightly due to changes in production technology.Enforcement
- Factor I
- As in every social system approach, stability is achieved only by understanding and accounting for human nature (action/reaction patterns). A failure to do so can be, and usually is, disastrous.As in other human social schemes, one form or another of intimidation (or incentive) is essential to the success of the draft. Physical principles of action and reaction must be applied to both internal and external subsystems. To secure the draft, individual brainwashing/programming and both the family unit and the peer group must be engaged and brought under control.
- Factor II - Father
- The man of the household must be housebroken to ensure that junior will grow up with the right social training and attitudes. The advertising media, etc., are engaged to see to it that father-to-be is pussy-whipped before or by the time he is married. He is taught that he either conforms to the social notch cut out for him or his sex life will be hobbled and his tender companionship will be zero. He is made to see that women demand security more than logical, principled, or honorable behavior.By the time his son must go to war, father (with jelly for a backbone) will slam a gun into junior's hand before father will risk the censure of his peers, or make a hypocrite of himself by crossing the investment he has in his own personal opinion or self-esteem. Junior will go to war or father will be embarrassed. So junior will go to war, the true purpose not withstanding.
- Factor III - Mother
- The female element of human society is ruled by emotion first and logic second. In the battle between logic and imagination, imagination always wins, fantasy prevails, maternal instinct dominates so that the child comes first and the future comes second. A woman with a newborn baby is too starry-eyed to see a wealthy man's cannon fodder or a cheap source of slave labor. A woman must, however, be conditioned to accept the transition to "reality" when it comes, or sooner.As the transition becomes more difficult to manage, the family unit must be carefully disintegrated, and state-controlled public education and state-operated child-care centers must be become more common and legally enforced so as to begin the detachment of the child from the mother and father at an earlier age. Inoculation of behavioral drugs [Ritalin] can speed the transition for the child (mandatory). Caution: A woman's impulsive anger can override her fear. An irate woman's power must never be underestimated, and her power over a pussy-whipped husband must likewise never be underestimated. It got women the vote in 1920.
- Factor IV - Junior
- The emotional pressure for self-preservation during the time of war and the self-serving attitude of the common herd that have an option to avoid the battlefield - if junior can be persuaded to go - is all of the pressure finally necessary to propel Johnny off to war. Their quiet blackmailings of him are the threats: "No sacrifice, no friends; no glory, no girlfriends."
- Factor V - Sister
- And what about junior's sister? She is given all the good things of life by her father, and taught to expect the same from her future husband regardless of the price.
- Factor VI - Cattle
- Those who will not use their brains are no better off than those who have no brains, and so this mindless school of jelly-fish, father, mother, son, and daughter, become useful beasts of burden or trainers of the same.
This concludes what is available of this document.
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