09-06-2008, 11:01 AM
http://www.indymedia.org.uk/en/2006/06/342...ml?c=on#c149517
---
i read churchill's voluminous history of world war two.
the reason the united states ended up with so much of the world's gold was because the allies did not want germany, italy, or japan to take it away from them if they were run over .
so instead of taking the chance of losing it, they shipped it to the only part of the world where it would remain safe, these united states. these are and were the facts.
this revisionist history must end.
america bashers must be stopped.
they are communists in the extreme stalinist form.
no matter what they call themselves, they are just the same as nazis.
hungry for blood and power.
keep yourselves aware of their writings and of their political affiliations.
or we will all be facing an 'american gulag' in the near future.
----
âi read churchill's voluminous history of world war two.
the reason the united states ended up with so much of the world's gold was because the allies did not want germany, italy, or japan to take it away from them if they were run over .â
<b>
>>>You need to revise something less voluminous and more REALâ¦.The essential fact about Winston Churchill (Winston Leonard Spencer Churchill ..and he was a Druid) is that his mother's father was Leonard Jerome (formerly Jacobson, 1818-1891) a speculator and business partner of August Belmont (nee Schoenberg 1813-1890), who was Rothschild's main American representative. ⦠His rise was assisted by his mother's connections with the Rothschild circle including the powerful banker Ernest Cassell. > Source > The Last Lion, p. 108
In the 1930's Churchill's banker friends made him the leading light in their lobby, "The Focus Group," led by the Zionist chairman of British Shell, Sir Robert Waley-Cohen. Churchill became the main opponent of "appeasement" and eventually the main barrier to making peace with Hitler.
</b>
"Germany's unforgivable crime before the second world war," Churchill said," was her attempt to extricate her economic power from the world's trading system and to create her own exchange mechanism which would deny world finance its opportunity to profit." (Churchill to Lord Robert Boothby, quoted in the Foreword, 2nd Ed. Sydney Rogerson, 'Propaganda in the Next War' 2001, orig. 1938.) >>
The existence of a state of war between the United States and Germany
in 1917 had prompted the passage of the Trading with the Enemy Act, one
purpose of which was to make unlawful all dealings between Americans
and the enemies of the United States. However, an obscure subsection
of the Act authorized the President to regulate, investigate, and
PROHIBIT "under such rules and regulations as he may prescribe...any
transactions in foreign exchange, export or earmarkings of gold or
silver coin or bullion or currency...by any person within the United
States..." These sweeping new presidential powers had teeth in them:
elsewhere the Act provided for severe criminal sanctions of up to ten
years in prison and/or up to a $10,000 fine for violation of any
decrees which the President might make under the Act.
The net result of the Act, vis-a-vis transactions in gold, was the
arrogation by the Sixty-Fifth Congress of a "money power" not granted
by the Constitution -- and further: the delegation of that power to
the Executive branch of the Government.
The war emergency and the President's duty to fight the war provided
Congress with a convenient rationale for the Act. The fact is,
however, that the Constitution nowhere empowers Congress to prohibit
dealing in gold -- much less authorizes Congress to delegate that power
to a coordinate branch of the government.
Worst of all, the power which Congress delegated to the President
enabled him to make criminals out of honest American citizens whose
"crime" would consist only of trying to protect themselves from
official debasement of their money. In more fundamental terms,
Americans henceforth would be "under the gun" for exercising a
fundamental, inalienable right: the right to deal with theis own
property as they saw fit. Gold, no matter what its special
characteristics, is, after all, just another form of property.
(HOW AMERICANS LOST THEIR RIGHT TO OWN GOLD AND BECAME CRIMINALS IN THE PROCESS by Henry Mark Holzer) >> humm⦠a little bit paranoid Mr. thefarnz.?
--
Perhaps it might be helpful if I clarified a few misconceptions re the "Iran Oil Bourse" by updating and reiterating the following Asia Times article I wrote
http://www.atimes.com/atimes/Middle_East/HA21Ak01.html
Firstly, the reason for the project in the first place was nothing to do with Euro's and everything to do with the domination and manipulation of the global market in energy by intermediaries. A problem which has got worse not better.
Secondly, neither NYMEX nor ICE Futures (formerly known as IPE) have much to do with buying and selling physical oil or products. Their purpose is to allow buying and selling of oil price RISK by allowing producers and consumers to "hedge" the risks of falling or rising oil prices respectively. Unfortunately the derivatives tail has in recent years been wagging the oil market dog to the serious detriment of producers and consumers.
As for progress of the IOB, there really has not been any for well over a year. Yes, a building in Kish island has been bought and legal entities created, but no other elements of market infrastructure have yet even been specified, never mind begun..
Assuming our consortium is put in funds (which we are told is imminent) then probably simple electronic exchange infrastructure could be completed within 6 months and something like bitumen or heavy fuel oil made available to be traded on it domestically.
I doubt whether crude oil will be traded (in ANY currency) on the IOB within 2 years: there are immense practical difficulties not least political.
As for trading oil in euro's most commentators tend to forget how limited the supply of Euro's is, and I don't think that will change much soon either bearing in mind how conservative the European Central Bank is.
Having said all that I do tend to agree that the dollar's collapse is both inevitable and overdue, and that it MIGHT be precipitated in the next year or so by a "melt-down" in the energy markets caused by rampant speculation by hedge funds.
A bit like the Long Term Capital Management fiasco, the difference being that the Federal Reserve Bank cannot print oil to bail market particpants out...
---
i read churchill's voluminous history of world war two.
the reason the united states ended up with so much of the world's gold was because the allies did not want germany, italy, or japan to take it away from them if they were run over .
so instead of taking the chance of losing it, they shipped it to the only part of the world where it would remain safe, these united states. these are and were the facts.
this revisionist history must end.
america bashers must be stopped.
they are communists in the extreme stalinist form.
no matter what they call themselves, they are just the same as nazis.
hungry for blood and power.
keep yourselves aware of their writings and of their political affiliations.
or we will all be facing an 'american gulag' in the near future.
----
âi read churchill's voluminous history of world war two.
the reason the united states ended up with so much of the world's gold was because the allies did not want germany, italy, or japan to take it away from them if they were run over .â
<b>
>>>You need to revise something less voluminous and more REALâ¦.The essential fact about Winston Churchill (Winston Leonard Spencer Churchill ..and he was a Druid) is that his mother's father was Leonard Jerome (formerly Jacobson, 1818-1891) a speculator and business partner of August Belmont (nee Schoenberg 1813-1890), who was Rothschild's main American representative. ⦠His rise was assisted by his mother's connections with the Rothschild circle including the powerful banker Ernest Cassell. > Source > The Last Lion, p. 108
In the 1930's Churchill's banker friends made him the leading light in their lobby, "The Focus Group," led by the Zionist chairman of British Shell, Sir Robert Waley-Cohen. Churchill became the main opponent of "appeasement" and eventually the main barrier to making peace with Hitler.
</b>
"Germany's unforgivable crime before the second world war," Churchill said," was her attempt to extricate her economic power from the world's trading system and to create her own exchange mechanism which would deny world finance its opportunity to profit." (Churchill to Lord Robert Boothby, quoted in the Foreword, 2nd Ed. Sydney Rogerson, 'Propaganda in the Next War' 2001, orig. 1938.) >>
The existence of a state of war between the United States and Germany
in 1917 had prompted the passage of the Trading with the Enemy Act, one
purpose of which was to make unlawful all dealings between Americans
and the enemies of the United States. However, an obscure subsection
of the Act authorized the President to regulate, investigate, and
PROHIBIT "under such rules and regulations as he may prescribe...any
transactions in foreign exchange, export or earmarkings of gold or
silver coin or bullion or currency...by any person within the United
States..." These sweeping new presidential powers had teeth in them:
elsewhere the Act provided for severe criminal sanctions of up to ten
years in prison and/or up to a $10,000 fine for violation of any
decrees which the President might make under the Act.
The net result of the Act, vis-a-vis transactions in gold, was the
arrogation by the Sixty-Fifth Congress of a "money power" not granted
by the Constitution -- and further: the delegation of that power to
the Executive branch of the Government.
The war emergency and the President's duty to fight the war provided
Congress with a convenient rationale for the Act. The fact is,
however, that the Constitution nowhere empowers Congress to prohibit
dealing in gold -- much less authorizes Congress to delegate that power
to a coordinate branch of the government.
Worst of all, the power which Congress delegated to the President
enabled him to make criminals out of honest American citizens whose
"crime" would consist only of trying to protect themselves from
official debasement of their money. In more fundamental terms,
Americans henceforth would be "under the gun" for exercising a
fundamental, inalienable right: the right to deal with theis own
property as they saw fit. Gold, no matter what its special
characteristics, is, after all, just another form of property.
(HOW AMERICANS LOST THEIR RIGHT TO OWN GOLD AND BECAME CRIMINALS IN THE PROCESS by Henry Mark Holzer) >> humm⦠a little bit paranoid Mr. thefarnz.?
--
Perhaps it might be helpful if I clarified a few misconceptions re the "Iran Oil Bourse" by updating and reiterating the following Asia Times article I wrote
http://www.atimes.com/atimes/Middle_East/HA21Ak01.html
Firstly, the reason for the project in the first place was nothing to do with Euro's and everything to do with the domination and manipulation of the global market in energy by intermediaries. A problem which has got worse not better.
Secondly, neither NYMEX nor ICE Futures (formerly known as IPE) have much to do with buying and selling physical oil or products. Their purpose is to allow buying and selling of oil price RISK by allowing producers and consumers to "hedge" the risks of falling or rising oil prices respectively. Unfortunately the derivatives tail has in recent years been wagging the oil market dog to the serious detriment of producers and consumers.
As for progress of the IOB, there really has not been any for well over a year. Yes, a building in Kish island has been bought and legal entities created, but no other elements of market infrastructure have yet even been specified, never mind begun..
Assuming our consortium is put in funds (which we are told is imminent) then probably simple electronic exchange infrastructure could be completed within 6 months and something like bitumen or heavy fuel oil made available to be traded on it domestically.
I doubt whether crude oil will be traded (in ANY currency) on the IOB within 2 years: there are immense practical difficulties not least political.
As for trading oil in euro's most commentators tend to forget how limited the supply of Euro's is, and I don't think that will change much soon either bearing in mind how conservative the European Central Bank is.
Having said all that I do tend to agree that the dollar's collapse is both inevitable and overdue, and that it MIGHT be precipitated in the next year or so by a "melt-down" in the energy markets caused by rampant speculation by hedge funds.
A bit like the Long Term Capital Management fiasco, the difference being that the Federal Reserve Bank cannot print oil to bail market particpants out...