-- Posted Friday, 14 November 2008 | Digg This Article
| Source: GoldSeek.com
By James West
www.MidasLetter.com
Friday, November 14, 2008
Now the government has decided not to buy the junk left behind by the giant US Banking system garage sale, and instead has decided to funnel the cash directly onto the balance sheets of the banks who were peddling them, I am convinced the American and global consumer public has been zapped with some kind of stun gun. As expressed on 321gold.com recently, “Where’s the outrage?”
Complacency would seem to be the default reaction. Like cattle at the abattoir, we mill about munching straw while one by one our brethren receive a bolt to the head before being parceled into roasts.
I hereby provide notice of an avenue for action. We here at MidasLetter.com are in development on a feature length documentary film called “Crime of the Century”. This film takes a long view of the economic history of the world from the establishment of the US Federal Reserve (conceptually in 1907, officially in 1913) up until our present circumstances, and offers compelling evidence to suggest a pattern of unconstitutional and unlawful activity by certain leaders of government and industry.
We are not exposing a conspiracy. Far from it, with the overwhelming evidence available as a matter of public record, this film examines the actions of these entities against the light of the U.S. Penal Code, and builds a case for the prosecution of certain institutions and the people behind them under the Racketeer Influenced and Corrupt Organizations Act (“RICO”).
Our objective in producing this film is to galvanize the voting citizens of G20 nations into action in demanding a more transparent and equitable financial system.
Whether or not you subscribe to the ideas that ending the gold standard was bad for global business or that the price of gold has or has not been manipulated to suppress it, or that the “dark” market where the bulk of derivatives in the form of futures are traded secretly to influence commodity spot prices is irrelevant. We will examine all of these situations dispassionately and with the help of experts comprised of everyone from economic Nobel laureates to professors to authors, contrarian investors, newsletter writers, financial analysts, ratings experts, commodities traders, and most importantly – ex-senior members of the very government and financial institutions we indict.
While the film does provide clear evidence of certain improprieties in the gold market that have resulted in an artificially quoted spot gold price on COMEX, the overriding premise of the film is that within the pattern of if not fraud than certainly gross incompetence, certain mechanisms comprised of policy and actions serve to exacerbate the volatility inherent in natural business cycles that provide the means by which obscene profits are extracted from the financial system in regular intervals at the expense of the average citizen.
The film does not seek to blame any one nation, or any single group. Rather, the complacency of the public and the duplicity of the mainstream press are scrutinized to identify not just the perpetrators of the unlawful activity, but also of the social conditions that permit such crime to be committed in plain sight.
The following is an excerpt from the film’s business plan:
“The events now unfolding on the global financial stage ARE directly attributable to the irresponsible fiscal policy of the U.S. Federal Reserve System and the United States Government. The suppression of gold as the monetary standard is the cause of the ability to fabricate so much fiat currency whose value is tied to nothing but the decisions of collusive and duplicitous central bankers around the world.
The conditions under which this scheme was perpetrated have now deteriorated to the point where that cartel is in no position to defend itself against these revelations. Whereas in the past, the mainstream media was a pawn in play for the benefit of the scheme’s architects, the arguments that were the mainstay of the logic preventing appropriate and unbiased coverage of the economics of gold are now thoroughly discredited, and there is a willing audience on Main Street everywhere to hear how this situation was foisted on the citizenry by those who have abused their elected status to fraudulently enrich themselves and their accomplices. The people want to know who’s to blame.”
We are seeking financial assistance for the completion of this project. No amount is too big or too small. Equity positions are available for accredited investors with whom we have a prior relationship. (Subscribing to this web site counts!).
If you are interested in helping us expose fraud and obtain justice, please visit www.CrimeoftheCenturyMovie.com to learn how you can get involved and DO something.
-- Posted Friday, 14 November 2008 | Digg This Article | Source: GoldSeek.com
