Creature From Jekyll Island by G. Edward

money to purchase goods and services from American firms. No one really expects them to repay. It is merely a clever method of redistributing wealth from those who have it to those who don't—without those who have it catching on.

2. American firms do not n e e d m o n e y to participate. Since their ventures are guaranteed, banks are anxious to loan whatever amount of money is required. Efficiency or competitiveness are not important factors. Contracts are awarded on the basis of political influence. Profits are generous and without risk.

3. When the Social Democrats eventually default in their contracts to the American firms or when the joint venture loses money because of socialist mismanagement, the federal government provides funds to cover corporate profits and repayment of bank loans.

There you have it: The Social Democrats get the goodies; the corporations get the profits, and the banks get the interest on money created out of nothing. You know what the taxpayers get!

By 1992, the wearisome pattern was clearly visible. Writing in the New York Times, columnist Leslie H. Gelb gave the numbers: The ex-Soviet states are now meeting only 30 percent of their interest payments (and almost no principal) on debts to the West of $70 billion.... Various forms of Western aid to the ex-Soviet states totaled about $50 billion in the last 20 months, and the money has virtually disappeared without a trace or a dent on the economic picture.

The interesting thing about this report is that Leslie Gelb has been a member of the CFR since 1973. Why would a CFR

spokesman blow the whistle on one of their most important maneuvers toward The New World Order? The answer is that he is doing just the opposite. Actually he is making a plea for more loans J- 'The Russian Sinkhole,' by Leslie H. Gelb, New York Times, March 30,1992, p.

148 THE CREATURE FROM JEKYLL ISLAND

and more outright aid on the basis that the need is so great! He advocates the prioritizing of funding with first attention to aiding Russia's nuclear-power facilities, agriculture, and industrial capacity. At the end of his article, he writes: 'The stakes could not be higher. All the more reason for substantial, practical and immediate aid—-not for grand illusions.'

Congress hears and obeys. In spite of the fact that all the preceding billions have 'disappeared without a trace or a dent,'

the transfusion continues. In 1993 the World Bank advanced another half-billion-dollar loan to Russia; before leaving office, President Bush arranged for another $2 billion loan through the Export-Import Bank; and Congress authorized hitting the voters with another $2.5 billion in foreign aid earmarked specifically for Russia. In July, at the Tokyo summit meeting of the Group-of-Seven industrialized nations, another $24 billion was promised, half of which will come from the IMF. As this book goes to print, there is no end in sight.

T H E C O N S P I R A C Y T H E O R Y

A moment's reflection on the events described in this section leads us to a crossroads of conscience. We must choose between two paths. Either we conclude that Americans have lost control over their government, or we reject this information as a mere distortion of history. In the first case, we become advocates of the conspiratorial view of history. In the latter, we endorse the accidental view. It is a difficult choice.

The reason it is difficult is that we have been conditioned to laugh at conspiracy theories, and few people will risk public ridicule by advocating them. On the other hand, to endorse the accidental view is absurd. Almost all of history is an unbroken trail of one conspiracy after another. Conspiracies are the norm, not the exception.

The industrialized nations of the world are being bled to near death in a global transfer of their wealth to the less developed countries. Is it being done according to plan? Or is it an accident? It is not being done to them by their enemies. It is being done by their own leaders. The process is well coordinated across national lines and perfectly dovetails with the actions of other leaders who are doing the same thing to their respective countries. Furthermore, these leaders regularly meet together to better coordinate their BUILDING THE NEW WORLD ORDER 131

activities. Could anything that complex be accomplished by accident? Or would some kind of a plan be required?

A spokesman from the IMF would answer, yes, there is a plan, and it is to aid the less developed countries. But, after forty years and hundreds of billions of dollars, they have totally failed to a c c o m p l i s h that goal. Would intelligent people believe that pursuing the same plan will produce different results in the future? Then why do they follow a plan that cannot work? The answer is they are not following that plan. They are following a different one: one which has been very successful from their point of view. Otherwise, we must conclude that the leaders of the industrialized nations are, to a man, just plain stupid. We do not believe it.

There is little room to escape the conclusion that these men and women are following a higher loyalty than the self interest of their respective countries. In their hearts they may honestly believe that, in the long run, the world will be better for it, including their fellow countrymen. But, for the present, their goals and their methods are not shared by those who have placed them in office. Under those circumstances, they must conceal their plan from public view. If their fellow citizens really knew what they were doing, they would be thrown out of office and, in some cases, might even be shot as traitors. Add all that together and it spells CONSPIRACY.

The only other explanation is that it's all accidental: no plan, no cooperation, no goal, just the blind forces of history following the path of least resistance. For some it will be easier and more comfortable to accept that model. But the evidence speaks loudly against it. What is the evidence? Not just the previous chapters, but everything that follows in this book. By contrast, the evidence for the accidental theory of history is — a blank page.

SUMMARY

The international version of the game called Bailout is similar to the domestic version in that the overall objective is to have the taxpayers cover the defaulted loans so that interest payments can continue going to the banks. The differences are: (1) instead of justifying this as protecting the American public, the pretense is that i t is to save the world from poverty; and (2) the main money pipeline goes from the Federal Reserve through the IMF/World Bank. Otherwise, the rules are basically the same.