(Conspiracy Nation, 3/26/04) -- Is the dollar purposefully being
gently crashed, to pave the way
for a cashless society?
Several authors have warned about a move to a cash-less society. For example,
Gary H. Kah, in his book,
En Route To Global Occupation (Huntington
House Publishers, 1992. ISBN: 0-910311-97-8), warns of "the establishment
of an international currency system." The chances of "going directly to an
electronic (cash-less) system are increasing."
Writing in 1992, Kah foresaw
a "shift toward promoting the debit cards."
The final transition, foreseen by Kah and others, "would be to force each
individual to be tagged with
a personal identification code without which
he would be unable to buy or sell."
Following the strange events of September 11, 2001, legislation was already
prepared and standing by:
the so-called "Patriot Act." Many concerned persons try to guess what the next terrorist event will be: bio-terror, suitcase
nuke, or some other physically violent outrage are theorized. But the truly horrific occurrence of planned economic meltdown
is not usually considered.
And waiting in the wings following planned economic terror would be "emergency legislation." If
the world's paper currencies were to collapse, why not convert to a modern, electronic currency? So we would be told.
In the past year or so, headlines read "Hope Dies" (after Bob Hope's death)
and more tellingly, "Cash
Dies" (following the death of Johnny Cash). Given
the elite love of symbolism (for example, Sept. 11 yields 9/11 and 911
the national phone number for emergency services; for example, the Madrid
bombings occurred 911 days after the
Sept. 11, 2001 terror), a weird synchronicity between the death of Johnny Cash and the death of cash is apparent.
Remain Calm: Banks In "Good Shape"
There is a herd instinct among most financial "experts." They tend to move
together in their usually over-optimistic
views. Opposed to these supposed
experts are the Contrarians, who think that wherever the herd is headed, the
is generally in the opposite direction.
A leader of the herd mentality is Alan Greenspan, chief of the so-called
"Federal" Reserve. In a March
17, 2004 (St. Patrick's Day) Associated Press
article ("Greenspan Says U.S. Banks In Good Shape"), the Fed chairman called
U.S. banks ""strong and well-positioned to meet customer needs for credit and other financial services."
But consider this: the "Federal" Reserve is not federal. Stock in the "Federal"
Reserve as of 1994 was
owned by several banks (and who owns those banks?).
Chase Manhattan Corp. (Chemical + Chase banks) owned 32.5 percent
of the "Federal" Reserve. Citibank owned 20.51 percent of the "Fed" stock. Morgan Guaranty Trust owned 8.87 percent of shares.
(Source: Courtesy of the Board of Governors of the Federal Reserve System, qtd. in Who's Who Of The Elite by Robert
Gaylon Ross, Sr. ISBN: 0-9649888-0-1)
So we have Alan Greenspan, chief of a "Federal" Reserve that is itself
owned by the banks, suddenly
assuring the public that the U.S. banks
are in good shape. Yeah--Right!