PART 2 of 2
Jon Christian Ryter
September 29, 2010
As the political Godfather of the United States, Soros' agent of change appears to be doing everything in his power to collapse the economy of the United States which, according to the domino theory, will topple the economies of every nation in the world. And, as Obama invests his sweat equity in purposely burdening the United States with debt that will almost certainly collapse its economy, Soros is stockpiling gold to protect his financial assets as he cautiously treads on uncharted ground.
Soros believes he has covered his butt by making sure that just in case there is no safe haven currency where he can park his wealth until the global financial crisis is over and one-world government exists, he will still be part of the ruling caste when the dust settles. Soros Fund Management LLC holds 5.24 million shares of SPDR Gold Trust, worth about $650 million. In addition, Soros holds about $250 million in gold mine shares. If the world's currencies collapse, Soros' gold holdings will be worth billions of dollars. And, of course, at that time, every government in the world will likely seize every smidgen of gold owned by private citizens—except those in the ruling caste. Which is precisely what Franklin D. Roosevelt did under Presidential Proclamation 2039 on March 6, 1933 when he seized all of the gold owned by working class Americans under the threat of ten years in prison and a fine of $10,000.00. Not seized were the gold coins possessed by recognized "collectors" (i.e., the wealthy). The seized gold was replaced with fiat scrip at face value, backed only by the government's "good intentions," and printed by the Fed under the cover of night on orders from Roosevelt before he ascended into the White House.
That's one thing about the dons and capos in the federal government—unlike the fictitious Don Corleones or the real John Dillingers, they don't need a gun when they rob the American people. The law is their weapon. (Foreigners holding post-1933 US paper dollars were still allowed to redeem them for gold at any Fed bank until Aug. 15, 1971. President Richard M. Nixon permanently closed the gold window on that date, ending the practice of gold redemption for scrip.)
(Tip:—If I was buying gold coins, I would not be buying any US gold coins. Furthermore, if I owned any US gold coins purchased since the US government enacted the Annunzio-Wylie Money Laundering Deterrence Act of 1998, which gave rise to a Federal Reserve banking regulation, implemented on Mar. 4, 1999, known as "Know Your Customer." If I owned US gold coins purchased after January, 1999, I would very publicly sell them. Then I would replace them with Maple Leafs, Krugerrands, Kangaroos or whatever other foreign gold coins I could find, or perhaps even diamonds, rubies or emeralds. Portable wealth is portable wealth.)
Under Fed policy, gold brokers must report the sale of pre-1965 US coins on IRS Form 8300 ostensibly to safeguard them from seizure in a time of national emergency. In reality, this provision is a double-edged sword since tracking gold transactions is a prelude to confiscation. In addition to listing exempted coins on Form 8300, "Know Your Customer" initially required gold brokers to report gold sale transactions of $10,000 or more. The amount reported was reduced first to $5,000, then $4,000 and now, I believe, any gold sale of $600 or more. What cannot legally be confiscated by the US government are foreign gold coins. Which means, if you are buying Canadian Maple Leafs, Australian Kangaroos, Chinese Pandas or South African Krugerrands, they should be safe from seizure—unless Congress enacts a new law since Roosevelt's law dealt specifically with US coins. Bullion is legal to be confiscated in times of national emergencies. What is most interesting today is that in the event of another gold seizure, the US government has made it clear that it will "redeem" those coins at face value.
In other words, the owner of say, ten 1927 $20.00 St. Gaudin double eagle gold coins would get $200.00 for his coins from the government at confiscation even though they are selling today for at least $1,500.00 each. At that price, ten 1927 St. Gaudins would bring $15,000.00 in the open market. Quite a discount. By the way: when Roosevelt seized all gold coins and gold certificates in 1933, it was reported that the government melted them down. They did not. Since gold coins were worth more than bullion, Roosevelt used the gold coins seized from the American people to pay off gold claims from Europe. In doing so, he saved about 25% of the value of the exchange of paper money for gold. In reality, he saved 100% since he replaced the seized gold with Federal Reserve Notes that were backed only by FDR's good will. Would it shock you to learn that many of the pre-1933 gold coins that were seized by FDR on March 9, 1933 are the same pre-1933 gold coins you are now buying?
Tues., Jan. 30, 1934 FDR signed the Gold Reserve Act of 1934 into law.
On Wed., Feb. 1, 1934 under Presidential Proclamation 2072—without
consulting Congress—FDR arbitrarily reduced the weight of the
gold dollar from 25 4/5 grains to 15 5/20 grains—a reduction of
59%. In a new form of taxation, FDR reduced the value of the fiat dollars
in every American's pocket from 100¢ to 41¢, stealing almost
60% of the net worth of every working class American in the country.
Commodities held their value, which meant in one day the price of every commodity in America doubled in price. Government calls it inflation. In reality its theft, plain and simple. When money manipulation occurs there is always one winner and one loser.
The money barons always win and the human capital of the rich—the working class serfs—always lose. Which, of course, is why the money barons create the political Godfathers who are groomed to mastermind the theft and to push their Party's capodecinas (capo or mob lieutenant for short) in the House and Senate to ram through the legislation the overlords who funded his rise to power need enacted. How do you stop them? You criminalize campaign contributions and jail not only the K Street lobbyists who pay the bribes and the politicians who greedily take them, but also the barons of banking and the princes of industry on Wall and Broad Street in New York.
A law must be enacted in which the CEOs, the corporate officers and every board member of every company that funds the bribing of public officials are construed to be as guilty as the lobbyist who acts as the mob bagman. The prison sentences for each must be the same, and equally mandatory, since each are equally guilty. A mandatory prison sentence of ten years and a million dollars per bribe per politician—with no chance for parole or pardon from any President or Governor—must be assessed to everyone involved from the corporate CEO to the bagman to the politician. Those convicted must serve every day of their sentence behind bars. The bribing of people placed in positions of trust (who write laws which allow malefactors to steal the wealth of the working class) is a form of economic genocide. Those who engage in it, or profit from it anywhere in the world, must be forced to pay the price—the whole price!
Soros, who has evolved into the scion of the far left, has been funneling money into the Democratic Party and into the coffers of almost every far left member of the House and Senate. For every dollar donated, there is a reciprocatory, although never talked about, quid pro quo demanded. Soros is a Hungarian-born Jew who, like most European Jews, is an extreme radical socialist. He has enough money to actually manipulate the national politics of any reasonably democratic parliamentarian nation. Through his Open Society Institute, Soros funds scores of anti-American socialist groups in the United States like ACORN, Center for American Progress, Human Rights Watch, Jewish Council for Public Affairs, MoveOn.org and the New American Foundation.
Obama and his capos in the Executive Branch are diligently following the joint agenda laid out by the socialist capitalists and the free enterprise money barons who, in their rush to create world government in the second decade of the 21st century, formally merged their efforts and backed the dark horse in 2008 instead of battling amongst themselves and risk losing the White House that year to a Romney-Tancredo or Romney-Hunter ticket that would have brought about a revival of the Reagan Years. The Soros agenda dovetails perfectly with Obama's own Cloward-Pivens agenda—collapsing the economy by overloading it with debt and, in the chaos, seizing absolute power and forming a dictatorship controlled solely by him. However, Cap & Trade was too much even for the environmentalist-friendly Rockefeller family—particularly when they know that thousands of foundries in China burn bituminous coal without any pollution controls. Those factories are churning tons of chlorofluorocarbons into the atmosphere. Chloroflurocarbons are banned in the United States.
The Obama decision to use the EPA to regulate greenhouse gases was like adding insult to injury to Sen. John D. Rockefeller IV [D-WV]. Rockefeller introduced legislation that would prevent the Obama Environmental Protection Agency [EPA] from instituting rules to regulate greenhouse gas emissions from power plants and other industrial sources for at least the next two years while Congress decided just what regulations were really needed, and implement them by law rather than one man's decree. Two other pieces of legislation to tie the hands of the EPA were also introduced. One by Rep. Nick Joe Rahall [D-WV] who introduced the companion legislation to Rockefeller's Senate bill; and another bill was offered by Senators Mary Landrieu [D-LA] and Blanche Lincoln [D-AR] (who is facing tough challenges in November), Sen. Ben Nelson [D-NE] and recently dumped Sen. Lisa Murkowski [R-AK] who proffered the bill and who plans to run as an Independent (but who will likely hand her Republican Senate seat to the Democratic challenger, Sitka mayor Scott McAdams).
Initially the Rockefeller and Morgan banks were backing Hillary Clinton in the age-old battle of free enterprise capitalists against socialist capitalists. But on the eve of the New Hampshire primary when the votes giving Hillary Clinton the victory were being tabulated, Hillary suddenly lost 100% of her financial support from Goldman Sachs, Morgan Stanley, Citigroup and JPMorgan Chase. Once the major donors pulled their money, the small donor contributions dribbled to a halt, forcing Hillary to finance her own campaign from that point on.
It was a losing battle because when you lose the money support of the money barons you also lose the political cover of the leftwing media as well. And then, the late night talk show hosts, swarming like baracuda, ridicule you. When Jon Stewart and Stephen Colbert join the feeding frenzy, you will know that Obama is going to lose in 2012. Soros may control the radical leftwing blogsphere but Rockefeller and the princes of industry and the barons of banking and business controls the Fourth Estate.
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Today, it appears that may be happening to Obama. The late night talk shows are now sniping at him—the first sign that you've fallen out of grace with the money barons. Will Obama take the hint and back off of his radical Cloward-Pivens strategy? Or will the Godfather and his capos in the Executive Branch and Congress push even harder to ram another Obama edict—Cap & Trade—through both Houses and put it on Obama's desk before they go back to their home States and face angry voters for three days before they are voted out of office on Nov. 2? For part one click below.
Click here for part -----> 1,