The criminal price fixing of the gold cap was to free markets what the Spanish conquistadors were to the Inca.
As a consequence of the Fed/Treasury/Wall Street criminal price fixing of the gold market, the dollar became stronger in relation to other internationally used fiat currencies left to free market forces. Have no doubt, it is physical gold that defines the dollar and every other fiat currency in the world. The purchasing power value of the U.S. dollar is defined by how much physical gold, or silver, a dollar will purchase. This has been true for more than two centuries of U.S. history and it is still true today. The gold cap contributed to the explosion of both debt; and, the total number of dollar units outstanding. The gold cap flooded the markets with physical gold and gold debt priced in dollars in order to artificially overvalue the purchasing power of the dollar in the short run. The very same actions in the longer run accelerate the eventual destruction of the dollar. The gold cap, since l995, achieved short-term political gains. However, the long term costs of those short-term political gains has been the accelerated financial disembowelment of United States corporations, stock markets, and citizens, in that sequence.
The gold cap crime wave increased debt to lethal levels like radioactive toxic waste at a Sunday School picnic.
The gold cap short-term political gains were less statistical price inflation; and, the false perceptions of a sound dollar and economy. The gold cap also created a very real stock market bubble. The gold cap has a short-sighted goal: "Win the next election for the party holding the Presidency". The gold cap started with Fed dollars pumping the financial markets while gold sales and gold debts protected the dollar. The short-term political gains of the gold cap were the re-election of Clinton, Gore winning the presidential election (except in the United States Supreme Court); and, the Democrats winning control of the U. S. Senate. The political spoils for Wall Street being gold cap surrogates included insider information on price fixing and immunity from criminal prosecutions.
Wall Street crowned Clinton as their King because his gold cap price fixing enriched them by their piggyback investing in the Clinton, Rubin, and Greenspan criminal price fixing of financial markets. In the political conquest of the financial world, Clinton is the personification of the rider on the white horse in the Four Horsemen of the Apocalypse. Revelation 6: 1-2. Clinton repaid the Wall Street Crime Mob for his coronation by granting them immunity from investigations and prosecutions for many years of a Wall Street white collar crime wave.
Investors were to Clinton Wall Street gold cap insiders what short-term fattened turkeys are on Thanksgiving Day.
Some claim that the gold cap was short-term protection for the bond markets. I claim that long term the gold cap has been extremely devastating to the bond markets. Witness the death of the 30 year Treasury and the current downgrading of many corporate bonds to 'junk' status. The gold cap protected bond markets in the short run, while causing their long term destruction by the gold cap slow criminal disembowelment of corporate America.
The criminal price fixing of the gold cap is to dollar bond markets what Great White Sharks are to baby seals.
For years the severely overvalued dollar of the gold cap policy slowly strangled the international price competitive ability of corporate America. An artificially strengthened dollar created greatly increased labor costs for businesses with employees paid in dollars. This made American corporations less able to compete in the world markets. With the decline of the international competitiveness of corporate America came operating losses, phony accounting, corporate disembowelment, unemployment, trade deficit problems, and exploding debt.
The gold cap crimes were to U. S. exports what sixteenth century pirates were to unarmed merchant sailors.
The 'gold cap'/'strong dollar' price fixing crimes have been economically destructive to the point of being berserk, crazy, and insane. The self-inflicted gold cap has been homicidal for corporate America. For example, General Motors has to compete with Japanese automobile manufacturers such as Honda and Toyota; with a currency disadvantage due to gold cap price fixed gold/dollar/yen ratios. At the same time, General Motors has to resolve its financial problems of unfunded pension obligations, and its pension recipient/employee ratio. Burdened with severe domestic financial problems; the relentless Fed/Treasury/Wall Street gold cap criminal price fixing of a severely overvalued dollar slowly tightens a death noose around General Motors. (Deflation in a Debt Based Economy by Carl Elkins, Ph.D., aka "Torus", www.gold-eagle.com/editorials_02/elkins040802pv.html).
"As General Motors goes, so goes America." Yet since l995, a politicized Federal Reserve Bank and United States Treasury have pursued the criminal financial murder of General Motors by the white collar criminal price fixing of the gold cap severely overvalued dollar. As accounting revelations document, the gold cap overvalued dollar has been white collar financial genocide for American corporations. While slowly destroying productive corporations, the gold cap overvalued dollar attracted world-wide financial assets to the United States stock market. For foreigners, there was a short-term double attraction for U.S. stocks: Stock price profits and currency profits. The result was a short-term stock market bubble that had to collapse because the gold cap also financially dismembered and disemboweled the businesses that were the underlying value of American stocks. The 'gold cap'/'strong dollar' sacrificed domestic corporations in exchange for financial assets creating a short-term bubble on Wall Street.
The Federal Reserve Bank gold cap crimes have been to General Motors what the Black Plague was to Europe.
If the private Federal Reserve Bank and the United States Treasury set out to deliberately and criminally, slowly destroy General Motors; they could not have found a more devious and effective method than the gold cap. If the private Federal Reserve Bank and the United States Treasury set out to deliberately and criminally destroy corporate America and the economic system of the United States; they could not have found a more devious and effective method than the gold cap. If the private Federal Reserve Bank and the United States Treasury set out to deliberately and criminally transfer the financial assets of the American people to the politically elite, they could not have found a more devious and effective method than the gold cap. If the private Federal Reserve Bank and the United States Treasury set out to deliberately and criminally destroy the free markets and the Constitutional political system of the United States, they could not have found a more devious and effective method than the gold cap. If the private Famine Reserve Bank and the United states Treasury set out to deliberately and criminally starve to death millions of human beings from Argentina to Zambia, and around the globe, they could not have found a more devious and effective method than the gold cap. We have defeated ourselves.
The Greenspan/Treasury/Wall Street gold cap price fixing was like a flame thrower turned on loyal Americans.
In July, 64 A.D., two-thirds of Rome burned during a six day fire. The Romans believed that Nero had the fire set so that he could build his Domus Aurea (Golden Palace). The grounds were one mile square and included a series of pavilions and baths. Gold, pearls, and precious stones were on the walls and floors. There were gardens, vineyards, and an artificial lake. Wild beasts were kept in the meadows. It was spendor like even the Romans had never seen before. It included a 37 meter high bronze statue of Nero. It was on prime land between the Palantine and Equiline hills. It was one of the great displays of ruling wealth in all of history. The deranged Nero used the Roman treasury to build his extravagant Domus Aurea on the grounds of former Roman homes, instead of helping the homeless Romans. A domestic scorched earth policy and a massive display of wealth does have risks. In 68 A.D. the Roman Senate condemned Nero to be flogged to death and he chose to commit suicide.
The Greenspan gold cap price fixing crimes are to America what Nero's fire was to ancient Rome.
Like Nero's fire, the Greenspan gold cap will leave many Americans homeless as bankers foreclose on their homes, farms, businesses and lands. The private bankers of the Federal Reserve Bank have federal legislative authority to create dollars for the purchase of stocks, bonds, gold mines, or anything else. Common sense suggests that the bankers will harvest enough wealth in order to create their own Domus Aurea. Does not anyone take notice that as the Fed routinely stops stock market declines by buying stocks through surrogates that the Fed is acquiring the ownership of corporations including gold mines? The question has to be asked: "Was the financial scorched earth policy of Greenspan's gold cap crimes deliberate destruction like Nero's fire?" The answer has to be: "YES, TOO MANY INSIDERS GOT TOO RICH BY TOO MUCH FRAUD FOR TOO MANY YEARS!" Nero's arson begot prime land. Greenspan's gold cap arson begot the fraudulent theft of all manner of assets by computer entries.
The marble walls and splendor of the Federal Reserve Bank buildings with the gold, bonds, and stock certificates in their 'vaults' reminds me of the pavilions of Nero's Domus Aurea.
Nero blamed the Roman fire on the Christians and persecuted them. Greenspan blames, scolds and rebukes the corporations who were gold cap victims. For sure, many corporate leaders shamefully and criminally looted their corporations because they saw that the gold cap doomed their corporations. It was akin to looting the Titanic as she sank. Never underestimate or condone the looting, desperation and greed of burning rats housed inside financially burning corporations. Nevertheless, the corporate rats would not have been set afire if not for the gold cap placing their corporations financially ablaze by the arson of Greenspan's gold cap bonfire.
Corporate leaders are for Greenspan's arson the scapegoats that Christians were for Nero's arson.
The gold cap greatly increased domestic labor costs and this relocated U. S. jobs to nations that did not artificially overvalue the gold defined purchasing power of their currencies. Greenspan price fixed short-term dollar strength and a stock market bubble by a vast and complex debt system; and, by price fixing world markets at the expense of the longer term death of corporate America and the dollar. As a newly elected President, Bush chose to continue the gold cap crime wave and its economic self-assassination that bewilders Europeans. (Strong Dollar and Weak Gold by Daan Joubert- www.gold-eagle.com/editorials_02/joubert022102.html) (The Ultimate Argument and the Ultimate Test by J.N. Tlaga- www.gold-eagle.com/editorials_02/tlaga021102.html)
The Greenspan/Clinton/Bush gold cap crime wave was to domestic unemployment what gasoline is to a fire.
The gold cap policy included the criminal price fixing of the world silver markets at artificially low prices, below most silver mine production costs. The criminal price fixing of silver below production costs has been financially devastating to silver mining companies world-wide. Some, like American silver miner Sunshine Mining, went into bankruptcy because of the price fixing of silver bullion as part of the gold cap policy. Many historic United States silver mines, such as Candelaria, remain closed, and without employees, because of the gold cap.
The Wall Street Mob gold cap crimes are to silver miners what Mafia concrete boots are to swimmers.
The work force in African metal mines is greatly reduced because of the gold cap price fixing of artificially low metal prices. At the same time that the gold cap creates African gold and copper mine unemployment because of low dollar gold/copper prices; starvation is rampant in seven southern African nations. BBC World News reports that fourteen million people in southern African nations, half of them children, are in the process of starvation. Drought and war are important causes of the starvation. But, the Greenspan gold cap increases mine closings, unemployment and starvation. In Zambia, most of the export income is from copper mining. The mine closings, unemployment, and starvation created because of the Fed/Treasury criminal price fixing has been long standing.
For the unemployed and starving black gold and copper miners of African nations; the Greenspan/Clinton/Bush gold cap price fixing crimes have personified the killings for greed of the eighteenth century slave trade.
When it comes to starvation, Greenspan and his steed (the Famine Reserve Bank) are the personification of the rider and the black horse of the Four Horsemen of the Apocalypse. Revelation 6:5-6.
New dollar units created by the Fed and fractional reserve banks did not go into American business for the production of goods and services because the overvalued dollar had shrunk the sales of corporate America. (Why expand your business when you already can not sell your current production capacity?) So, newly created domestic dollars went into financial assets, the United States stock markets. And foreign financial assets came to the United States, converted into dollars, and went into our stock markets. The Fed domestic expansion of monetary aggregates; combined with massive foreign assets attracted to bull markets in stocks and the dollar. THE INEVITABLE RATIONAL RESPONSE TO THE GREENSPAN GOLD CAP PRICE FIXING WAS A UNITED STATES STOCK MARKET BUBBLE. The twin gold cap horns of the rational stock market bubble were: l) Fed pumped domestic dollar creation; and, 2) the overseas lure of United States bull markets in stocks and the dollar.
Short-term the Fed/Wall Street gold cap was to the stock market bubble as the liquid fuel is to an Apollo liftoff.
It is a logical reality that the deliberately criminal gold cap price fixing, by financially savaging American corporations with artificially strong dollar labor expenses, caused declining corporate earnings that resulted in declining stock prices. IF YOU BELIEVE THAT CORPORATE EARNINGS ARE REFLECTED IN STOCK PRICES; THEN THE GREENSPAN GOLD CAP CAUSED THE STOCK MARKET CRASH. (US Market Loses $3 Trillion by Robert Chapman- www.gold-eagle.com/gold_digest_1/chapman020601.html)
Long term the Greenspan gold cap crime wave was to corporate earnings what piranha are to wounded swimmers.
Segments of the American economy, and segments of the world economy (Africa, Argentina, etc.) crash like 'gold cap' dominoes. It appears that the Fed used the Monetary Control Act of l980 to buy stocks after the stock market collapse, instead of ending the gold/dollar price fixing of the strong dollar policy. Greenspan and the Federal Reserve Bank should lay claim to being the progenitor of both the stock market bubble and the NASDAQ crash. Domestic debt liquidation and capital outflows will collapse cumulative domestic purchasing power and markets. The twin gold cap horns of the rational stock market bubble will reverse direction and gore our standard of living.
Long term the Greenspan gold cap crime wave is to the market crash what a train is to a car on the railroad tracks.
The stock market was in the 'dump' phase, even while the relentless media machine 'pumping' continued. The second major Wall Street 'pump and dump' is likely bonds. Bonds are in full bloom in the 'pump' phase of 'pump and dump'. The third 'pump and dump', real estate, is just in the beginning of the 'pump' phase. The investment media machine now promotes real estate as a safer alternative investment than gold. Anything but gold!
The continued Federal Reserve criminal price fixing of the gold cap policy, will in due course crash real prices(purchasing power) in many segments of the real estate market. The Greenspan gold cap criminal price fixing pumps insider profits to Wall Street while dumping on investors. Are the American economy and the American people to continue as sacrificial pawns? The gold cap piggyback insider profits of Wall Street firms in many price fixed markets are still protected. This includes short positions in the gold and silver futures markets. (Strong Dollar Policy = Weak Gold policy by Steve Hickel- www.gold-eagle.com/editorials_01/hickel112310.html)
For the financial pillaging of the modern 'Roman Empire' (the United States empire), the Wall Street Crime Mob is still the army of Clinton. The Wall Street Crime Mob continues to conquer the financial world with gold cap piggyback insider looting and a white collar crime wave. But the little boy Commander In Chief of the military now sends mixed and confusing messages to the Wall Street Crime Mob. 'The gold cap piggyback insider looting will continue with immunity; but, the other Wall Street crimes by those not blindly loyal to the boy General are no longer assured immunity'. On Wall Street, confusion and uncertainty now abounds like the fog of civil war.
A giant 'pump and dump' requires a giant media machine for the 'pump'. Our television and print investment news media is institutionally structured in order to deceive, defraud and pump stock investors. "Pro forma", "EBITDA", "expectations", and "estimates" are shill games that 'change' real corporate financial losses into 'news media profits'. If the media was suddenly afflicted with honesty and reported actual corporate losses, instead of the phony shill game profits; then, all would see that the publicized 'strong economy' is a sick, sick, sick economy. ECONOMIC DEPRESSION LEVELS OF UNEMPLOYMENT HAVE BEEN STAVED OFF BY CORPORATIONS CANIBALIZING THEIR CAPITAL AND NET WORTH IN ORDER TO MEET PAYROLLS.
CNBC "Pro forma profits" and "EBITDA profits" are as phony as Arthur Andersen "accounting profits" for Enron.
The investment news media has mini 'pump and dumps'. For example, after prolonged silence, gold stocks are pumped at highs just before they correct. For example, after prolonged silence, shorting stocks for profits is pumped just prior to a near 700 point daily reversal in the DJIA. Has Wall Street dumped on you?
Come into my dump web, said the friendly CNBC pump spider to the stock market investor.
The star, and queen, of the 'pump and dump' Media Machine is Maria. The sincerely breath-taking beauty of her face generates great loyalty from sheeple investors. It is no accident. Social Psychologists have learned that a beautiful face projects trustworthiness. The competence, integrity, and wisdom of Wall Street is consciously projected by excellent tailoring (competence), beautiful faces (integrity) and old faces (wisdom).
When it comes to fantasy financial reporting, the investment media has been Snow White and the seven dwarfs.
Part of the criminal methodology in price fixing the world gold and silver price of the dollar has been a large expansion of financially dangerous counterparty debt instruments (derivatives) in gold, silver, stock markets, currencies, interest rates, oil and various other markets. In active markets one of the two counterparties suffers substantial financial losses. Losses from derivatives used for gold cap purposes, played a role in the bankruptcy of Enron. The derivatives used for gold cap price fixing crimes will contribute to more bankruptcies.
When it comes to gold cap derivative debts, Wall Street is Enron.
The criminal price fixing of the gold, silver, currency and other markets created widespread criminal insider trading. Wall Street firms and banks were surrogates for the Fed/Treasury price fixing of markets. A virtual army of Wall Street firms, banks, and individuals; had infallible inside information on the daily price fixing of the gold cap policy. By piggybacking along for their own insider profits, they were helping to implement the Greenspan, Clinton, Bush price fixing. As a result of their piggyback 'help' in price fixing markets; for many years they were immune from criminal investigation and criminal prosecution by regulators and law enforcement for price fixing, insider trading, and other financial crimes. And these gold cap price fixing/insider crimes are still vigorously protected with immunity from investigation and prosecution by the boy General, Congress and the Courts.
The SEC, CFTC and FBI are to gold cap crimes what Don Quixote and Sancho Panza were to windmills.
Americans and foreigners invested in assumed free and honest markets. They invested in competition with an army of Wall Street insiders that knew daily when, how much, and which markets were price fixed by the Fed/Treasury. When the fix was in, (since l995), the insiders accumulated the wealth of naive and honest investors. It was like shooting sheep in a pen with machine guns. The gold cap has been mass financial rape.
For insider trading, Wall Street and the gold cap are the hundred thousand fold incarnation of the alleged 'Martha'.
The private bankers and political insiders of the Wall Street Crime Mob got a free piggyback ride to insider profits from insider knowledge of price fixing information from the Fed/Treasury. How could insiders lose when it was the United States government and the Federal Reserve Bank that were doing the criminal price fixing in the financial markets? Regulators, media, and Congressional oversight committees still 'wink' and remain silent.
When it comes to the Constitutional separation of powers and oversight committees, for many years Congress has been to the gold cap criminals what little Red Riding Hood was to the Big Bad Wolf.
If American corporations were required to expense the cost of their employee stock options, their accounting 'profits' would be substantially less; or, actual losses. A corporate CEO can receive a very modest annual salary of only a few hundred thousands of dollars, and also receive tens of millions of dollars through stock options. Those millions are not expensed in the corporate income statements, nor considered as salary. It is a double deception long protected by a double dealing United States Congress. Mr. Greenspan in his July l6th, 2002 report to Congress protected the accounting omission of stock option expenses from profit statements. Mr. Greenspan and the Congress speak in hypocritical mock outrage before the television cameras. Yet, they protect the major accounting deceptions of stock options with the arrogance of absolute corruption stemming from absolute power.
The Congress and Greenspan have been to corporate accounting what Bonnie and Clyde were to banks.
The U. S. Congress again sold out to phony corporate profits in its corporate 'reform' legislation by protecting the non-expensing of stock option expenses. Instead of legislating honest accounting, Congressional 'reform' legislation appointed a committee, that replaces a previous committee. Wow! By such action the Congress demonstrates a total contempt and betrayal of the American people and its own Constitutional responsibilities.
The Congressional 'reform' of recasting a committee is like attacking an aircraft carrier with a spitball.
Our entire financial system was criminally corrupted by the gold cap crime wave. Because the Clinton Treasury and the Greenspan Fed implemented white collar criminal price fixing with immunity; lawless anarchy and phony accounting was unleashed for one and for all who work within our financial system. If our Treasury and the Fed can have secret sets of financial books for criminal price fixing market actions; then, why not secret financial books for corporations like Enron? If our government can have "off budget" expenditures; then, why not the same for Enron? If our government can fudge its statistics on federal debt, unemployment, price inflation, etc.; then, why not the fudging of numbers by Enron? If the Fed can mislead the people; then, why not Merrill Lynch promoting the stocks of financially unsound businesses as alleged by the Attorney General of New York State? The Greenspan gold cap crimes institutionalized dishonesty, fraud, theft, white collar crime, financial anarchy, Congressional betrayal, 'blind' regulators, phony valuation of corporations, phony accounting, phony news media, pump and dump, greed, price fixing, piggyback insider trading, and financial rape, in the United States.
When it comes to phony accounting, the United States government, including Congress, is Enron.
The gold cap price fixing crimes overvalued the dollar and crippled the sales of domestically produced steel. Instead of ending the gold cap, President Bush implemented tariffs on imported steel which escalated trade wars which further cripple the U.S. economy. Bush demonstrated his extreme lack of economic/political understanding by failing to quickly end the gold cap while he could still blame the Democrats for the consequences.
Gold cap spawned trade wars are to the health of corporations what army ants are to the health of butterflies.
The Bush Presidency is to the United States economy what Indians were to Custer.
President Bush is a boy warlord who is beholden to more than trade wars. Our CIA and military forces are loyal to the little boy Commander In Chief, Bush. With the madness of the little boy 'Boots' who became a despotic and insane Roman Emperor, Bush is intent on unleashing the great sword of United States military forces on the nations of the world: Afghanistan, Iraq, Iran, etc. Yet, the more nations we attack, the more terrorism we shall beget at home. Our 'Boots' personifies the rider of the blood red horse in the Four Horsemen of the Apocalypse. Revelation 6:3-4. For our 'Boots' the most likely path to re-election is wars and bodybags which emotionally cause the people to 'rally' behind their Commander In Chief. But, war will not stop gold cap crimes!
For Bush, the more bodybags (domestic or foreign), the more votes for his re-election. The more that the stock market and the economy falter, the more that Republicans need war and bodybags prior to the November elections.
During WWII, the German army advanced into Russia. Stalin used a 'scorched earth' policy that burned Russian crops and food stores in order to keep them from the enemy German army. Bush and Clinton have demonstrated a willingness to purchase short-term political gains for the next election by criminally selling the wealth of the American people to Wall Street insiders. No 'scorched earth' sacrifice by the American people (Clinton financial causalities or Bush military casualties) is too great on behalf of the re-election of American Emperors.
With the gold cap crimes, Presidents Clinton and Bush financially implemented Stalin's WWII 'scorched earth' policy in egomaniacal pursuits of election victories. Stalin scorched the agricultural assets of his nation in pursuit of a military victory against an invading army. Greenspan, Clinton and Bush scorched the corporations of the United States in pursuit of continuing political power. Then, having disemboweled corporate America with the gold cap they watched as the flames from scorching our corporations set ablaze our financial assets. The economic, business, financial, political, and moral structure of America was set ablaze and burned to the ground. And now our young men and women shall die if we war with nation after nation after nation on the Bush list.
For the gold cap 'scorched earth' of our economy; Greenspan, Clinton, and Bush are the Stalins of our era.
Debt, including massive gold cap generated derivative debt in the gold and silver futures markets, destroyed the purchasing power of future generations of Americans. ( DEBT:Part 1 - Purchasing Power, by Frank Smith, www.gold-eagle.com/editorials_02/smithf011402.html) (DEBT: Part 2 - Debtism by Frank Smith, www.gold-eagle.com/editorials_02/smithf020202.html)The gold cap destroyed the work ethic, business ethics, economic infrastructure, and the Constitutionally based political structure of America. Due to the gold cap and technological debtism, future generations of Americans are now entombed in a debtor's prison. (DEBT: Part 4 - The Purchasing Power Abyss by Frank Smith, www.gold-eagle.com/editorials_02/smithf052802.html)
The gold cap debts are to future generations what zoo cages, branding and shackles are to Bengal Tigers.
The gold cap artificially overvalued dollar kept many foreign tourists home. I live in an area with a tourist based economy. I remember that in the early l990s that I would continuously overhear tourists talking in French, German, or Japanese. Now, I seldom hear tourists talking in foreign languages. This loss of sales to foreign tourists has permanently closed the doors of many entrepreneurial tourist oriented retailers. I especially think of Carol and Richard. They were good people, and they were highly skilled long term entrepreneurs.
When it comes to keeping the invading tourists and their purchases outside the United States, the gold cap has personified the Great Wall of China.
The gold cap crimes are to many mom and pop entrepreneurships what the volcanic eruption of Mount Vesuvius in A.D. 79 was to the city of Pompeii.
We entrepreneurs have been in dismay every time that a President, the Fed, or Wall Street, proclaimed: "We have a strong economy". The capital value of former businesses (entrepreneurships and corporations) has been destroyed by gold cap crimes. LONG TERM SUCCESSFUL ENTREPRENEURSHIPS AND CORPORATIONS THAT CEASED ECONOMIC VIABILITY DUE TO THE GOLD CAP CRIMES WILL NOT MAGICALLY RECONSTITUTE WITH THE END OF THE GOLD CAP. Greenspan, the Congress, Clinton and Bush have burned to the ground (with the governmental white collar crimes of the gold cap) ethics, honesty, free markets; and, the knowledge, capital and structure of a free market economy. It took two centuries to grow America into world leadership in economic prosperity. It took the Greenspan gold cap less than ten years in order to destroy those two centuries of growth. It will take generations, or centuries to relearn, to recapitalize, and to rebuild.
Behold, the rider on the sickly pale horse is America- me and thee. Revelation 6:7-8.
It strongly appears that American gold has been sold by the accounting sham (what else?) of unsound lease arrangements that are de facto sales. This physical gold drain limits the future ability of America to return to desperately needed purchasing power from physical gold and silver circulating currency. (DEBT: Part 4 - The Purchasing Power Abyss by Frank Smith, www.gold-eagle.com/editorials_02/smithf052802.html) Neither free markets, capital, our corporations, our stock markets, our spent gold, or our purchasing power, will be magically reconstituted with the end of the gold cap crime wave. How much physical gold was sold (by the accounting deception of unsound gold leases) in order to price fix the gold cap?
Shall an independent audit of U.S. held physical gold prove that Greenspan, Clinton, and Bush are modern day Ali Babba's with their forty thieves at the Federal Reserve Bank, Treasury, and the Wall Street Crime Mob?
The American economy gasps for air on her sickly pale horse. Death awaits only the accounting acknowledgement of phony sales and profits, existing bankruptcies and bad bank loans; and, the wars of our little boy Commander. Then the delayed fallout of economic depression (homelessness, joblessness, hunger and bodybags) will be seen by even the blind sheeple. Yet already, our nation abounds with an 'invisible' army of homeless and unemployed that have been deleted from the statistical reporting of the unemployed. Why would the corporations of America create non-existent 'accounting profits', if they really could make profits? AMERICAN CORPORATIONS IN FEDERAL RESERVE PRICE FIXED MARKETS CAN NOT REPEAT THEIR HISTORIC FREE MARKET PROFITS. Free market prosperity is gone. Too much of corporate America is already de facto bankrupt from gold cap price fixed markets and the white collar crime wave. (White Collar Crime and the Ongoing Economic Depression by Frank Smith, www.gold-eagle.com/editorials_02/smithf071102.html)
In the disembowelment of corporate America, the Greenspan gold cap personifies Jack the Ripper.
Our news media pumps us: "The increase in newly unemployed is good news because it means that economic recovery is just around the corner. A 'strong dollar' policy is patriotic. Capitulation dead ahead. Capitulation astern. Capitulation to the starboard. Capitulation to the port. Capitulation two points abaft the starboard beam. Capitulation all around us. The bear market in stocks is over. A bull market in stocks is under way with much higher corporate earnings just ahead." Our news media is the personification of 'Pumpty Dumpty'. I consider the many CNBC morning references to "fair value" stock prices to be blatant, repetitive, subliminal brain washing.
With 'Pumpty Dumpty' news, Snow White and the seven dwarfs make P. T. Barnum look like an altar boy.
Greenspan is the sinless and infallible God. His every word is of divine origin, to be cherished and studied for hours by Snow White and the seven dwarfs. He is the Holy Trinity incarnate: The God of the Wall Street pump and dump, the Emperor of price fixing financial markets, and the Chairman of the private Famine Reserve Bank.
When it comes to honesty about the gold cap, Mr. Greenspan is the divination of Pinocchio>>>>>>>>>.
In my opinion, the white collar economic murder of Argentina was perpetrated by the Famine Reserve Bank and the U.S. Treasury gold cap. Today, like Africa, many of the people in Argentina starve; or, eat rats and toads. With the assistance of United States economists, Argentina pegged its currency (the peso) to the dollar at an even exchange rate of one for one. The 'dollarization' of Argentina was a 'dollar trap'. Then, through criminal gold cap price fixing, the Famine Reserve Bank and the U. S. Treasury engineered an extreme international overvaluation of the dollar. That overvaluation of the dollar disemboweled corporate America and brought financial collapse, chaos, and hunger to Argentina, because the dollar was pegged one to one with the Argentine peso.
Economists are to the peoples of nations what grizzly bears are to salmon.
The Argentine peso snapped from overvaluation. The Argentines were stuck with home mortgages and other debts in internationally overvalued dollars; and, income in severely devalued pesos. Then, the banks confiscated the bank deposits of the people of Argentina. Clever bankers! The serrated jaws of the U.S. economists/bankers dollarization trap tightened. It was a test case and a human experiment by United States economists and bankers. How would the people of a nation (similar to the United States) respond if the bankers blatantly stole most of the purchasing power of most of the people? When the price fixed financial markets open each day, U.S. gold cap economists, bankers and brokers fly out of their caves around the world as vampire bats looking for sheeple blood.
Dollarization and the criminal gold cap price fixing sank Argentina like icebergs sank the Titanic.
Truthful accounting is demonstrating that the financial guts and intestines of corporate America are already spilled on the ground. The financial guts and intestines of the United States Stock markets are already spilled on the ground. The financial guts and intestines of world-wide stock markets are already spilled on the ground. The financial guts and intestines of the net worth of Americans are already spilled on the ground. The financial guts and intestines of many American entrepreneurships are already spilled on the ground. The financial guts and intestines of American retirement programs are already spilled on the ground. Ending the gold cap now will be too little and too late for too much of America. Of course our 'leaders' feel that they have to lie to us and to affirm the 'strong dollar'/'gold cap'. Otherwise, even more sheeple might protect their remaining purchasing power by selling their United States stocks and bonds and buying physical gold and physical silver. (DEBT: Part 3 - Debtism Prophylaxis by Frank Smith, www.gold-eagle.com/editorials-02/smithf021902.html)
The new slim down diet for America is chitterlings-on-the-ground for breakfast, lunch and dinner.
The criminal price fixing of the gold cap crime wave was pumped by the patriotic term of a 'strong dollar' policy. Is disemboweling corporate America with years of an internationally overvalued dollar an act of patriotism? Is the increase of unemployment in America by currency manipulation shifting domestic employment overseas, an act of patriotism? Is the collapse of United States stock markets an act of patriotism? Is massive institutionalized piggyback insider trading by Wall Street in price fixed markets at the financial expense of investors, an act of patriotism? Is the criminal taking of the financial assets of the American people, patriotism? Is the criminal confiscation of the assets of American retirement programs an act of patriotism? Is engineering the starvation of millions of people in multiple continents by the criminal price fixings of the gold cap, heroic American patriotism?
In terms of patriotism, the Greenspan gold cap crime wave personifies the treasons of Benedict Arnold and Nero.
Now for an armchair theory from a criminologist. The history of the ancient Roman Empire documents that frequently the rulers of empires go stark raving criminally mad. The Roman Emperor "Boots" was so insane that he appointed his horse Consul. Other cruel and despotic Roman Emperors included Tiberius, Commodus, Caracalla, Elagabalus, Maximinus I, Constantius Gallus, and Theodosius I. Their perverse use of power was self-destructive to the culture. I can only conclude that the gold cap crime wave is such a despotic, insane, and cruel implementation of Federal Reserve Bank imperial power that it is financially, economically, legally and morally destroying we the people of the United States. The Federal Reserve Bank must be stopped, abolished!
Our future freedoms, and the honesty of our future stock markets, will be won or lost by how well we the people exercise our freedom of speech in the deprogramming of our sheeple. We have essentially no television time. But we must respond to the false 'pump and dump' doctrines of a Hobbesian Greenspanism as pumped by Snow White and the seven dwarfs. In the numbers of 'pump and dump' messages, the cult of Greenspanism outnumbers us free market folks by more than a thousand to one. And even irrational messages ("fair value"), repeated often enough, become etched in the human mind and then become perceived and believed realities.
I personally, sincerely and deeply thank everyone who has sent me an email. In response to your emails and the Social Psychology of redundancy; conformity and obedience; my writing format has evolved. Each concept is presented at least three times. The capitalized centered headings are the first cognitive exposure. The heading may merely stimulate anticipation and thought about a topic ("THE 'STRONG DOLLAR' AND PATRIOTISM"); or, the heading may state a position ("THE UNITED STATES GOVERNMENT IS THE 'KING' OF PHONY ACCOUNTING"). The second expression on the concept is in a paragraph or two. The third expression of the concept is a satirical one liner. Your emails have educated me as to how powerfully satire can short-circuit the redundancy gap. If done properly, the result is one, two, three redundancy on each concept without the repetition of the same wording. Importantly, all of the individual concepts attack a single central focal point.
Like Alexander the Great's mounted horsemen and Napoleon's artillery, there is a single central focal point for this entire essay: "THE GREENSPAN, CLINTON, BUSH GOLD CAP CRIME WAVE HAS BEEN DESTRUCTIVE TO AMERICAN CORPORATIONS, AMERICAN STOCKS, AND THE AMERICAN PEOPLE". Did my presentation give credence to that central focal point? Vote "yes" or "no" with your emails! Thank you.
DISCLAIMER: This essay is an exercise of my freedom of speech. It is entirely my opinions that are provided for criminological theory, educational purposes and literary enjoyment. I have BS and MS degrees in Criminology as well as investigative experience and precious metals business experience. This is a criminology paper on the white collar governmental gold cap crime wave by Greenspan, Congress, Clinton, Bush, and the Wall Street Crime Mob. I did include satire in order to dramatize how destructive the gold cap crime wave has been to American ethics, corporations, capital, free markets, stocks and people. Each of your emails will be read by me and will be greatly appreciated. The contents of this essay also includes public information believed accurate; but, not my responsibility for factual accuracy. The contents are definitely not intended as investment advice.
Copyright, Frank Smith, 2002
fhsmith@terranova.net
7 August 2002