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-- Posted Thursday, 26 June 2008 | Digg This Article | Source: GoldSeek.com
Maestro Greenspan’s Magnum Opus!
by Bix Weir
No truer words have been spoken when examining this book or the rhyme and reason behind the life and career of Alan Greenspan. He is a “mystery wrapped in an enigma”…or is he? A life long admirer, student and follower of Ayn Rand, Greenspan spent his early years as an economist trumpeting the virtues of sound money and value of a gold standard.
http://www.321gold.com/fed/greenspan/1966.html
http://www.polyconomics.com/searchbase/06-12-98.html
Midway through his career, though, Greenspan abruptly pulls a 180 degree philosophical change of conviction to embrace the fiat money, welfare system that he so vehemently despised in earlier writings. Not only did he embrace fiat money, but he used and abused it to a degree which steered us down the path of irreversible self destruction. What came over him? How does such an intelligent and seemingly honest human being become so corrupt as to use and abuse the monetary system of the entire world further enriching the wealthy and abusing the poor? Or should I ask a deeper question… Could he have done it all on purpose?
I contend in this article that Alan Greenspan learned from Arthur Burns how the banking cartel stole the global monetary system from the people. This knowledge has been his lifelong obsession and he has finally devised a way back to the Gold Standard by orchestrating the pending destruction of the fiat money system.
THE ROAD TO ROOTA
First, in order to fully understand what I am proposing you must freshen up on Part I: “The Road to Roota or The Implementation of the Gold Standard” that can be found here: http://www.lemetropolecafe.com/Pfv1.cfm?pfvID=6007&SearchParam=road%20to%20roota. In this Federal Reserve cartoon “Wishes and Rainbows”, there is a very important frame that I believe sheds light on Alan Greenspan and his mission in life:
 Since I wrote this article I have discovered a few of the lingering questions that were posed at the end of Part I. I won’t get into exactly how I came to these conclusions but it all fits with what I am about to examine in Part II. Here is the new information:
1) Roota is Alan Greenspan (Due to timing & position as head of the CEA in the 70’s)
2) The mayor is Gerald Ford (based on Greenspan’s description of him in his book)
3) Grandma is Arthur Burns (Greenspan’s mentor & Fed Chairman in 60’s & 70’s)
4) The characters in the original comic are Asian because Japan/China had the lowest per capita GNP in the world in the 1970’s and an altruistic decision was made to help them out of poverty.
5) The Characters in the new comic are Hispanic and of (as I learned from a closely involved artist) “muddled ethnicity” to represent people from South America and Africa where resources have been systematically stolen by the Western banking cartel.
6) Although I’ve never discovered what is “behind the rock” in Cobblestone Canyon, I have a strong feeling that it involved Diane Feinstein (D-California) and the largest gold deposit in the world at Chocolate Mountain. http://www.uhuh.com/1calfraud/stacks/bixman.htm and the most shocking of all….
7) GREENSPAN AND THE US FEDERAL RESERVE BANK ARE THE GOOD GUYS!
Now before all you gold bugs start jumping up and down about how Greenspan rigs the gold markets and panders to the rich and has sold his soul to the devil, lets take a look at where he came from, what he’s done and where it will lead us. We can start with his lifelong devotion to free markets, Objectivism and close connection to Ayn Rand and Arthur Burns.
There is a very important page in his Greenspan's book that has pictures of Auther Burns, Ayn Rand, Adam Smith and John Locke. These people shaped the mind of Alan Greenspan and this page alone can help decipher the “mystery” we are trying to solve here.
Arthur Burns - Gold Standard advocate and a “distain for unscientific data” http://en.wikipedia.org/wiki/Arthur_F._Burns GREENSPAN IS JOHN GALT
Ayn Rand once said Atlas Shrugged is a mystery story, "not about the murder of man's body, but about the murder—and rebirth—of man's spirit." Atlas Shrugged was her magnum opus and embodied her philosophic theory of Objectivism. She described Objectivism this way: "My philosophy, in essence, is the concept of man as a heroic being, with his own happiness as the moral purpose of his life, with productive achievement as his noblest activity, and reason as his only absolute." http://en.wikipedia.org/wiki/Atlas_Shrugged Although I could spend days talking about the book and the philosophy, I want to focus on the hero of the novel, John Galt, and why I think Alan Greenspan modeled himself, quite successfully, after this character.
In short: Galt designed a revolutionary new motor powered by ambient static electricity with the potential to change the world. When the company owners decided to run the factory by the collectivist maxim, 'By each according to his ability, to each according to his need', Galt organized a successful labor strike, proclaiming his promise to stop the motor of the world. Galt gathers all the best thinkers in the world and begins his own society as the world crumbles under the weight of collectivism.
http://en.wikipedia.org/wiki/John_Galt_%28Atlas_Shrugged%29
GREENSPAN’S MOTOR No, Greenspan didn’t invent a motor that ran off static electricity BUT he was instrumental in inventing something much more powerful in the world of monetary policy…THE FINANCIAL COMPUTER! Alan Greenspan was what they call an “early adapter” in computers in the 1960’s and 70’s and actually was writing economic modeling programs in the early days on computer punch cards. (He even partially blamed himself for the Y2K issue, A.G. p204-205) Pierre André Rinfret said of Greenspan’s company “they specialized in what is known as an econometric model system of forecasting which is forecasting by mathematical equations (modeling)….I have a mental picture of Alan at forums poring over his computer runs to evaluate whatever someone said and flipping the pages looking up numbers. I also remember him droning on reading the numbers off the spread sheets.” http://www.parida.com/aghistory.html#anchor098765 It has been proven by Mike Bolser (www.interventionalanalysis.com) that the gold market is run off a computer program using the Dollar Index Value of Gold or “DIVG”. GATA has shown this proof to the US authorities and no action has been taken so it can be assumed that the US regulators are protecting this illegal activity under the auspice of national security. It has also been suspected that many other markets such as oil, currencies, bonds, silver, natural gas, and the stock markets are also rigged by computer programs.
I postulate that Alan Greenspan, Arthur Burns, Stephen Devaux and “The Group” discussed in Part I discovered that computers have the power to rig financial markets from both the buy and sell sides creating an artificial supply/demand dynamic that could be steered in any direction given enough volume to drive out real traders. This computer market rigging power was Greenspan’s electric motor. Just as John Galt attempted to change the world with his invention, Greenspan tried to change the world with his. Of course we know the computer HAS changed the financial world as we know it…but was it for the better or worse?
ANOTHER COMIC OR AN ANNOUNCEMENT OF THE GOLD STANDARD?
Let’s look at where we left off in part 1 with the Federal Reserve Bank Boston cartoons. The other cartoon that was re-released on January 1, 2007 (a bank holiday by the way) was an educational booklet called “Banking Basics”. This booklet was originally released in 1987, the same year Alan Greenspan was sworn in as Federal Reserve Bank Chairman. The first edition had no illustrations in it BUT the new one is full of very interesting cartoons FILLED WITH GOLD!
Here are the two covers:
 http://www.bos.frb.org/education/pubs/banking2.pdf http://ecedweb.unomaha.edu/ve/library/BASC.PDF
See anything interesting in the update? Why in the world would a booklet from the Federal Reserve Bank have a picture of a person putting a GOLD coin into a piggy bank? Isn’t that the opposite of where our banking system is today? So I opened the new booklet and look what the next full page was! 
Coincidence…maybe….but keep turning the pages and something else emerges. Look at the girl trading in gold for cash at a bank! Look at the picture on the wall. Looks a little like a gold chart with its ebbs and flows. Hugo Salinas Price would LOVE that! (http://www.plata.com.mx/plata/articulos/articlesFilt.asp?fiidarticulo=77) Also, look at the woman standing in back of the line at an ATM with GOLD in her hand. Can they make it more obvious? Get ready for the Gold Standard!
Now this one is my favorites. I have been associated with the Gold Anti Trust Action Committee for 6 years and never have I fought harder for a cause in my life. It started as a hobby, it turned into an obsession and it is now a fight for the freedom of my country. (www.GATA.org) If you aren’t involved in fighting the gold cabal you should take up the fight today!
The booklet has a section called “Why Do Banks Fail” and has the story of 2 banks that fail. Here is the first one on page 31.
Gusher National Bank Slips on Falling Oil Prices
Falling energy prices mean cheaper gasoline and lower home heating bills. So, falling oil prices must be good, right?
Not for everyone! Take the case of Gusher National Bank. Gusher was very aggressive in making loans to oil and natural gas companies that had no problem repaying their loans when energy prices were high. The loans spelled big profits for Gusher, and everyone agreed that Gusher’s executives were smart business people who really knew how to make money. Then the economy slowed down, and the demand for energy fell. Factories burned less oil and natural gas. Truck drivers, commuters, and vacationers drove fewer miles and burned less fuel.
As a result, energy prices dropped sharply, and many energy companies fell behind on their loan payments. Some even stopped making payments altogether. Months passed, oil prices remained low, and more energy companies fell behind on their payments. Finally, Gusher lost so much money to bad loans that government regulators had to step in and close the bank. Gusher had fallen victim to changing economic conditions—falling energy prices and a high concentration of loans to energy companies.
This story falls right in line with my article entitled “The Oil Con” in which I point out the banking cartel needs high priced oil to rig the US Dollar as well as fill their pool of market manipulation money!http://www.silverbearcafe.com/private/6.08/oilcon.html The falling oil price in this example will happen overnight if the US were to abandon the Dollar “Oil Standard” by finally tapping their hidden oil fields…especially the Gull Island Oil Field in Alaska.
Here is the second example on page 33 which is happening as we speak:
Or take the case of Bedrock Bank . .
Bedrock Bank Gets Too Big Too Fast
Bedrock Bank’s new president was determined to turn his bank into the region’s biggest lender. Bedrock’s loan officers got the message and started making as many loans as they could for condominium developments, shopping centers, office buildings, and high-priced suburban housing developments. Loan applications were not always checked as closely as they had been in the past, and some of the loans were approved more quickly than they had been in the old days. But nobody seemed concerned because the local economy was strong and real estate values were rising rapidly.
Everything seemed fine; everyone was making money. But then the economy slowed down, and things took a turn for the worse. The weak economy forced many businesses to close, leaving lots of vacant office space. Real estate values plummeted, and many developers fell behind on their loan payments.
In the end, Bedrock Bank was losing so much money on bad real estate loans that government regulators were forced to step in and close it. The regulators tried to find a buyer for Bedrock, but no other bank wanted to get stuck with all the loans that had gone bad. Eventually, another bank agreed to buy Bedrock if the federal government would agree to keep many of the problem loans.
33
Sound familiar? Does this sound like an exact description of what is happening today to the banks? This is no coincidence. As a matter of fact LOOK AT THE ILLISTRATION OPPOSITE THE STORY! …HELLO GATA! 
Doesn’t this look like the GATA painting? Look at the sun FULLY shining on the Federal Reserve building. LOOK AT THE OPEN DOOR! If I were Alain Despert I would think about suing the Federal Reserve Bank of Boston for copying his painting concept without his permission!
TAKING DOWN THE BANKERS
In his book Greenspan supports the theory that “creative destruction” is good for a society. “Creative destruction, introduced in 1942 by the economist Joseph Schumpeter (see above picture) describes the process of transformation that accompanies radical innovation. In Schumpeter's vision of capitalism, innovative entry by entrepreneurs was the force that sustained long-term economic growth, even as it destroyed the value of established companies that enjoyed some degree of monopoly power.” http://en.wikipedia.org/wiki/Creative_destruction
It is no coincidence that the Fall 2007 edition of the Federal Reserve Bank Boston’s magazine “The Ledger” is all about creative destruction and mapping out the progress during the Road to Roota implementation plan.
http://www.bos.frb.org/education/ledger/ledger07/fall/index.htm
In “Wishes and Rainbows” Roota (Greenspan) claims not to be afraid of the “big people” (Rothschilds, Military Industrial Complex, etc.) and states that she will find a way to Colorland (Gold Standard). Knowing that Greenspan and friends now control the financial markets via computers, how could he achieve his ultimate goal of eliminating the fiat money system that was the dream of so many people who he looked up to? (Ayn Rand, Arthur Burns, etc).
WHAT WOULD IT TAKE TO TAKE DOWN THE “BIG PEOPLE”?
1) Destruction of the banking establishment – $600 Trillion of worthless derivatives has put the banking establishment into insolvency… they just haven’t declared it yet. Greenspan was a big supporter of derivatives and non-regulation. He let them sow the seeds of their own destruction. Greenspan promoted unregulated derivatives and risky mortgages knowing the greed of the “big people” would destabilize their financial world.
2) Destruction of the fiat money system – In order to “save the banks” the Federal Reserve has fired up the helicopters to flood the system to the point that the US dollar will become worthless. You didn’t think the US would allow Japan, China, Russia and all to cash in all those worthless dollars for real goods and resources did you? The US will default through the abuse of the printing presses. This is part of the plan. They will make it look like nobody had any control over the global destruction of the financial system.
3) Complete buy-in by the public – A new monetary system requires a complete buy-in by the people of the world. A collapse of the banking system where the rich and the poor lose their entire fortunes would surely accomplish a change in attitude towards our monetary system. Again…creative destruction.
4) Warn the banking cabal to stand down or else – 911, Kennedy, WWI, WWII, Korea, Vietnam…you name it and it all comes back to the “big people”. I believe this was their warning http://www.rense.com/general77/fulf.htm. I don’t know whether or not this is real but I do know one thing…the truth is coming out faster than they can control it and those big secrets are getting very hard to hide. Recently Mr. Fulford posted an interview that he conducted with David Rockefeller that is almost comical until you think about it…. Mr. Rockefeller NEVER gives interviews. Especially with some hokey reporter in a cheap hotel room with a big orange microphone shoved in his face asking questions about his plan to take over the world! http://www.youtube.com/watch?v=Uu6dWGfOy2k 5) Remove cartel henchmen from the Government – It’s hard to count how many in the Bush Administration have been shown the door but one of most important was Alberto Gonzales being the head of the US Justice System. The CFTC board changes were also very telling removing ex Goldman Sachs man Reuben Jeffery III as Chairman. The most obvious culprits…Bush, Cheney and Rice will be the last to go when the final cards are played http://benjaminfulford.com/secretgoverment.html 6) Prepare for a new currency – Look at all the new colored flowers: http://www.moneyfactory.gov/newmoney/main.cfm/currency/aboutNotes?CFID=951981&CFTOKEN=98261018 Everyone should find it very interesting that the US $1 Bill with all its illuminati references on the back is the only bill not to be changed…there is now a $1 gold colored coin!http://www.usmint.gov/mint_programs/$1coin/index.cfm. The US is also spending $90M to “renovate” the US mint in San Francisco which was the largest gold and silver mint in the world prior to closing. http://www.themintproject.org/index.php. You may recognize these two…Looks like some pretty high tech coining machines for the “historical renovation” of the Old Mint. Maybe Congress HAS been busy after all!
 Diane Feinstein (D-California) and Nancy Pelosi (D- California) are leading the charge back to the gold standard along with many senior members of both parties.
documents/file/event091807_transcript.pdf
I was especially intrigued by the page 13 statement by the new Commissioner Chilton:
"I was in Senator Feinstein's office not too long ago talking with her about this issue, and I have got to commend her for really having foresight on this issue years and years ago. The rest of us are merely trying to sort of catch up and get to where she's been."
7) New law to change the current system – I believe the there is a very sound law ready to be enacted overnight. Although this may not be what’s on the table, it sure would be a good one! http://nesara.org/bill/index.htm
8) The new monetary system – Of course a gold and silver based monetary system would be acceptable but there are others that the Fed Boston has researched. Here is a land-backed system proposed by none other than our founding father Benjamin Franklin. http://www.philadelphiafed.org/education/ben-franklin-and-paper-money-economy.pdf
It is interesting that this concept fits perfectly with Greenspan’s proclamation that everyone should buy a house with an ARM. Was he trying to help in the redistribution of wealth?
9) The Great Equalizer – Greenspan states that the biggest problem of any monetary system on the back cover of his book is “the chronic concern over the justice of the distribution of its rewards”. This is the core to the entire issue of an honest economic system. Why do the rich get more of the resources than the poor? Who made the bankers the deciders of how our global treasures get distributed? Fotunes will be lost but the destruction of the monetary system will bring a much more just playing field and will wipe away decades of misallocation.
There must be more but you get the idea.
THE END OF GLOBALIZATION and BEGINNING OF NATIONALIZTION
I didn’t really dwell on the teachers guide, “The Road to Roota” in Part I, but there are some very interesting questions. For example, here are three very important questions posed on page 6:
#6 In what circumstances might the Pebblepeople consider exporting flowers to Gopher Junction and Bolder’s Ridge? Will citizens of those towns have as great a demand for colored flowers as Pebblepeople have? Do you think that every resident of Pebbleton will own at least one flower before trade with other towns occurs?
#7 What resources are scarce in the United States today? What happens to the price of scarce resources? What steps have been taken to address such scarcity?
#8 What are some important resources whose introduction helped make our economy what it is today? What would happen if one of these resources (oil, steel, electricity, computers, airplanes, television, fish, cotton, maple syrup) could no longer be produced in this country? What substitutes might be found? What industries would disappear? What would happen to the value of such resources?
Wow, these are some very scary issues if you figure out WHY they are being asked. Sounds to me like the Fed thinks global trade will STOP the moment we go on a gold standard. Where does that leave the multi-national corporations? Where does that leave the foreign mining companies? Could this be why the HUI is doing so poorly with gold above $900/oz? Is this why so many CEO’s of major mining companies have left right at the moment gold is about to break above its historical highs?
What about US mining company ownership by US citizens? Interesting to note the HUGE tax change levied on the US miners last year. Is the government preparing for the upside explosion of the price of commodities? I personally believe that US mining company investments will rocket to the upside as long as there is no one between you and your certificates. I believe the US will return to our Constitution and Bill of Rights. It’s all explained in the teachers guide. As for foreign mining properties…you better run the scenarios for yourself because mine don’t show much of a chance of the exporting of gold or silver out of any country.
The Fed St. Louis put out an argument AGAINST confiscation in their Spring 2007 newsletter and also quotes Milton Freeman on how price controls don't work.
http://www.stlouisfed.org/publications/itv/2007/a/pages/lead_story.html
"However, the greater economic costs of government intervention in private markets outweigh presumed immediate and tangible benefits from taking private property for economic development."
http://www.stlouisfed.org/publications/itv/2007/a/pages/qa.html
“Price control by exhortation and threat and use of extra-legal powers never has worked and never will, except to disrupt the economy,”
Obviously, it is being discussed at the upper levels of government. The Fifth Amendment of the Constitution states that any confiscation must be paid with "just compensation". The very moment confiscation is announced in any country the global price of gold will skyrocket MANY multiples of today's suppressed value...maybe even much higher than the $60,000/oz postulated by those looking at the entire US dollar supply vs. the supposed amount of gold held by the US.
Depending on what would replace the dollar as our currency, confiscation may be a HUGE windfall for holders of physical gold and US mining shares (if you are a US citizen).
I believe that China has made a mistake by investing in foreign mines and resources. If the resources aren’t inside your borders, I don’t see any chance of getting them out.
PROTECT YOURSELF Fed Boston released two booklets on banking failures. Read them to get a feel for what is about to happen. http://www.bos.frb.org/about/pubs/panicof1.pdf
http://www.bos.frb.org/about/pubs/closed.pdf
Here are my personal thoughts on what to expect:
1) Bullion will be king. The more… the better. Keep it out of the banking system.
2) Gold may rise above $60,000/oz at the first shot…overnight.
3) Silver may rise much higher and faster due to its industrial and monetary components
4) Banks will print money to buy gold
5) Sellers will disappear at any price
6) Comex, LME, GLD, SLV etc will all default and the metal inventories will stay in the countries they currently reside.
7) Expect to lose everything held by a bank.
8) Expect EVERY country to nationalize their gold and silver mines….NO EXCEPTIONS!
9) Hang onto your house and your mortgage (don’t pay it off until after the collapse)
10) Stay close to home over the next few months.
11) Have a plan if there is a system melt down (ask your friends and family to have a plan also)
12) Have enough cash (new bills only) to last a few months
13) Have enough food and water to last a few months
14) Although I hate this one….get a gun to protect your family in case of civil unrest.
I know…sounds like “doom and gloom” but nobody knows how this will all go down and I’d rather be prepared than dazed and confused.
CONCLUSION
I don’t think I can leave you with a conclusion. This will be an amazing transition and the radical changes that are about to be sprung upon us will change the world forever. Hopefully it will be peaceful and fill us full of hope for the future. Ultimately, I believe this “creative destruction” will be for the better.
Personally, I would like to thank Chairman Greenspan. It took a truly brilliant and courageous man to take down the bankers that stole my country, and I believe he has succeeded.
GOD BLESS AMERICA
Bix Weir
GATA Warrior
-- Posted Thursday, 26 June 2008 | Digg This Article | Source: GoldSeek.com
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