Chapter VII
THE UNITED NATIONS BANKING COMPLEX
A single world economic system is essential
for the triumph of Socialism.
V. Lenin
If it is so vastly profitable to control the economic affairs of one nation, it is incredibly more profitable to control the economic destiny of the entire world. This is the primary reason for the creation of the United Nations and its affiliate organizations. The United Nations is the deceptive facade under which global centralized control is being established, and the affiliate banking complexes were founded to finance the entire operation.
The dream of total world domination has been the goal of the money pool for centuries. Through financial and political manipulation, their power has been gradually extended from individual nations within Europe to all of Europe, then to the United States. Now with the advent of the United Nations front and its subdivisions, the goal of total world domination is close to realization. To establish such fantastic domination over the minds, economies and governments of the world was not too monumental a task for the conspirators because they controlled the money. This enabled them to dominate the news media, educational systems, legislative bodies and even governments. Let me issue and control a nations money and I care not who writes its laws. This statement was made by Meyer Amschel Rothschild, founder of the Rothschild banking dynasty, and it has unfortunately proved to be all too true. Lenin also recognized the importance of the money issue by declaring that the best way to destroy the capitalist system is to debauch its currency. Our enemies have concentrated for generations on obtaining a monopolistic control over money and wealth and its subsequent use to destroy us. To ignore this most important facet in their battle against individualism will result in our eventual doom. By obtaining control of the issuance of money, nation after nation has been undermined by these fiendish exploiters of mankind. Their methods ranged from criminal conspiracy, deceit, murder, treason, blackmail or any heinous act necessary to push forth their demonic goal of political and economic exploitation of the people within the nations being razed. Kings and cabinet members fawned at their feet and did their bidding. More often than not, the government was merely a facade to deceive the people so that they would never know who the real rulers were. These clandestine and underhanded methods were such standard procedure that it should give us a clue as to how they were able to set up world domination under the phony ruse of stopping wars and aggressions. The same conspirators who have promoted dozens of wars now seized the reigns of world control under the guise of establishing peace. Instead of realizing peace, there have been a series of almost constant wars since the establishment of the United Nations. Since its inception in 1945, there have been over 60 wars, with no prospect of peace in sight. Despite propaganda claims, the United Nations is a warlike, empire building tool of the money mafia.
Not only has the United Nations failed to prevent wars, but it has also completely failed to prevent the spread of Communism, which was another alleged reason for its creation. The following chart will clearly demonstrate the utter brazen falseness of this claim.
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ROOSEVELT : (5 Years from 1940) Year Population 1) East Poland Late 1939 10,315,000 2) Northern Rumania 1940 3,700,000 3) Southern Finland 1940 54,000 4) Estonia 1940 1,197,000 5) Latvia 1940 2,094,000 6) Lithuania 1940 2,700,000 7) Poland 1944 24,977,000 8) Bulgaria 1944 7,630,000 9) Tannu Tava 1944 95,000 10) East Prussia 1945 1,187,000 11) Rumania 1945 18,360,000 12) Souther Sakhalin 1945 415,000 13) Kurile Islands 1945 4,000 14) Yugoslavia 1943 16,927,000 TRUMAN (7 years) Year Population 1) Albania 1946 1,560,000 2) North Korea 1945 12,000,000 3) Hungary 1947 9,978,000 4) Czechoslovakia 1948 13,296,000 5) Mongolia 1946 1,000,000 6) China 1949 670,000,000 7) East Germany 1946 17,312,000 |
EISENHOWER : (8 Years) Year Population 1) North Viet Nam 1954 12,000,000 2) Tibet 1959 1,300,000 3) Cuba 1959 6,500,000 KENNEDY-JOHNSON : (4 Years) Year Population 1) Algeria 1962 9,000,000 2) Guinea 1960 2,257,000 3) Ghana 1961 7,100,000 4) Gabon 1960 684,000 5) Zanzibar 1963 265,000 6) West New Guinea 1962 1,100,000 7) Laos 1962 2,000,000 8) British Guiana 1961 373,000 9) Indonesia 1962 97,765,000 Sukarno remains president in 1966 These countries actively support the Communist cause : Egypt, Syria, Yemen, Iraq, Ceylon, Cambodia, Kenya, Tanganyika, Mali, Mauritania, Sudan. NOT ONE COUNTRY HAS BEEN FREED OF COMMUNIST CONTROL, BY THE UNITED NATIONS |
In 1948 the Russians blockaded West Berlin. Nothing was done by the United Nations to help the West Berliners and the United States launched a massive air lift operation. Nor did the United Nations do anything to protect such nations as Czechoslovakia or Hungary. While the Russians subvert the Middle East and arm the Egyptians, nothing is said by the United Nations. India absorbed the Portuguese territory of Goa and again the United Nations remained silent. It must be clear to anyone with eyes to see, that this monstrous organization has been set up for the clear and unmistakable purpose of subverting all nations into a one-world Socialist dictatorship.
We must tunnel through the maze of misinformation regarding the United Nations in order to ascertain that its true purpose is to set up world control which will be ruled by the money cartel and its equally sinister agents and co-conspirators. Up to the present time, these shadowy figures have lurked in the background, issuing orders to presidents, kings and dictators alike. But if their plans for world domination succeed, they will then make their identities known and the peoples of the world will learn the real identity of the global masters. Their orders have been obeyed at all levels of government because the top positions in most countries are largely occupied by carefully selected traitors who are the agents of the Socialist money crowd. With the promise of privilege, position and power, it has been relatively simple for these Machiavellian weirdos to buy up all the people they need to carry out their orders.
This millionaire elite which now controls the United States is composed largely of members of the inner sanctum Business Advisory Council of the Council on Foreign Relations. There are approximately 1400 carefully selected members in this group, and it is from the Business Advisory Council that many of our highly placed government, military and business leaders are drawn. These men are all dedicated advocates of world government and Socialismand it is this self-appointed power clique and their international affiliates which is our secret, unelected, invisible government. The Socialists are not the poor, deprived, underprivileged, powerless nonentities the press would like to have us believe. Nor are they lovers of humanity, despite the social and humanitarian goals which their power grab is represented to be. They are simply a ruthless millionaire elite who view mankind with utter contempt. Their goal is to obtain the concentration of all power in their hands. Our battle to end this global tyranny will depend on our understanding of this issue and our ability to form a united front against the forces of feudalistic oppression. Without the massive funds provided by the malevolent millionaire manipulators and their numerous front groups, the whole facade would collapse. We must also remember that Karl Marxs monetary mind was quick to envision the dreams of the empire builders by advocating a progressive, graduated income tax and a central bank. We have both. The king does not pay taxes; he collects them. And our kingly rulers prefer not to pay taxes themselves so they set up a system of personalized tax evasion through the device of tax-free foundations and numerous other gimmicks for millionaires only.
Before the United Nations could be established, the world-government crowd had to devise a method of financing it. Also the sovereignty of nations had to be destroyed so that they would become vassals in a world empire. To set their plans in motion, the United Nations Monetary and Financial Conference met at Bretton Woods. New Hampshire in July, 1944, to formulate plans for the establishment of the International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (World Bank). Traitor Alger Hiss and his brother Donald, as well as Harry Dexter White all played active roles in the creation of this monetary hydra. Alger Hiss was also secretary of the San Francisco conference which founded the United Nations, and was one of the authors of the United Nations charter. Harry Dexter White, who was a key figure at the conference, has been identified by Whittaker Chambers and Elizabeth Bentley as a Communist agent. At the time of the conference, White was Assistant to Treasury Secretary Henry Morgenthau, Jr.
The United Nations charter was ratified as a treaty by the United States Senate in 1945. The charter makes no mention whatever about any type of monetary system. Neither the United States nor any participating country has any control over any of the multiple banking institutions except in the matter of appropriations and the appointment of a representative. Since the internationalists control most of the governments, it is apparent that only those in sympathy with the aims and objectives of a Socialist world monoply will be appointed. Thus their continued control is assured.
International Bank for Reconstruction and Development (World Bank). Headquarters: 1818 H Street, N.W., Washington, D.C. 20433. President: Robert S. McNamara. The World Bank officially came into existence on December 27, 1945 when the Articles of Agreement formulated at the Bretton Woods Conference were signed in Washington, D.C. by 28 governments. As of December 31, 1908, 110 countries were members of the bank. Its purposes were stated to be :
1. To assist in the reconstruction and development of member countries.
2. To make loans for productive purposes.
3. To promote private foreign investment.
Each nation may appoint one member to the Board of Governors who run the bank. However, the Board has delegated most of its power to the 20 Executive Directors chosen by the member countries. The voting power of the member countries is more or less approximate to their capital subscription. The Executive Directors select the President of the Bank as well as official and staff members.
The World Bank is authorized to lend money to member governments and also to their agencies and private enterprises, if the government guarantees payment. One can quickly see the vast potential for financial privateering on a global scale for those closely associated with these banking complexes. According to Mary Davison in her book The Profound Revolution, the United Nations is engaged in World Empire building in Africa and in Asia and the work is far advanced. It might be well to point out also that should this vast area be put into industrial production, it will require many millions of skilled industrial workers and considerable management. This labor and management are to be found only in highly industrialized nations, principally in the United States.[1] Now we can see the real purpose which is carefully hidden behind the flowery terms of the charter. This is the real reason why the Insiders want National Service in lieu of a draft. Millions of young Americans will then be available at slave-labor prices to work in the steaming jungles and backward areas of the world. To condition Americans into accepting this form of servitude, such unproductive absurdities as the Peace Corps, community work projects and the National Service concept are being pushed amidst the tumultuous praise of the puppet media.
After examining the following chart, it becomes apparent why the money cartel enjoys such special monopolistic privileges. The CFR affiliates within American companies look forward to the future services of an army of underpaid workers, which will result in unlimited profits to the conspirators. Many of the loans include a grace period for repayment of interest and principal of two years to several decades.
WORLD BANK LOANS
Random examples of recent loans made by the World Bank and its affiliate, the International Development Association.[2]
Country Amount of Loan Purpose of Loan
Morocco $14.6 million Highways
Nigeria 10.6 million Highways
Argentina 60 million Electric power
Turkey 3.1 million Privately owned paper mfg. plant
Yugoslavia N.A. Investment corporation (U.S. shareholders are : Chase Manhattan Intl. Investment Corp., Girard Intl. Investment Corp., Marine Midland Intl. Corp., Philadelphia Intl. Investment Corp. and the IDA)
Brazil 8.4 million Privately owned chemical plant. Other financing from National Distillers & Chemical Corp.
Ceylon 29.0 million Agricultural and electric power.
Singapore 5.0 million Industrial development
Brazil 25.0 million Industrial development
Marocco 15.0 million industrial development
Papua & New Guinea 5.0 million Agricultural development
Honduras 2.6 million Livestock development
Paraguay 6.0 million Highways
Iran 6.5 million Agriculture
India-Malaysia 1.5 million Textile mill
Cameroon 19.0 million Highways
Pakistan 20.0 million Misc. private enterprises
Philippines 1.2 million Paper industry (International Paper Co. will also contribute.)
Chile 10.0 million Copper mining (Sponsors : Continental Copper & Steel Industries, Inc., New York, $9 million contributed.)
India 35.0 million Irrigation
Malawi 5.25 million Electric power
Yugoslavia 18.5 million Misc. industry (Girard Trust Bank, Philadelphia, National Bank of Commerce of Seattle are participating
Zambia 5.3 million Education
Morocco 46.0 million Agriculture and irrigation
Nepal 1.7 million Communications
Dominican Republic 25.0 million Mining loan made to Falconbridge Dominicana, sponsored by Falconbridge Nickel Mines Ltd. of Toronto and Armco Steel Corp.
Cyprus 5.0 million Electric power
Sierra Leone 3.0 million Education
Bolivia 1.4 million Livestock development
Botswana 2.5 million Electric power and transportation. Main shareholders are : Roan Selection Trust and American Metal Climax.
Singapore 11.0 million Telephone system (National Bank of Commerce of Seattle, Security Pacific National Bank, Los Angeles and the Northern Trust Company, Chicago participating.)
Columbia 18.3 million Livestock development
Tunisia 10.0 million Tourist and industrial development.
The World Bank has several sources of funds. One is from the contribution of member countries, which in many cases is a relatively insignificant amount. They also borrow in the capital markets of the world and earn money from their investments. The August 15, 1970 issue of Forbes, (page 72), contained an advertisement announcing the availability of a prospectus wherein details of a $200 million twenty-five year bond issue would be offered by the International Bank for Reconstruction and Development (World Bank), with an interest rate of 8 5/8 per cent. Some of the firms participating in this offer were :
Morgan Guaranty Trust Company of New York
First National City Bank of New York
The Chase Manhattan Bank
Bankers Trust Company
First National Bank of Chicago
Dillon, Read & Co., Inc.
Lehman Brothers
Kuhn, Loeb & Co.
Drexel Harriman Ripley, Inc.
Goldman, Sachs & Co.
Eastman Dillon, Union Securities & Co.
Lazard Freres & Co.
As of December, 1968, the bank had made 584 loans of over $11 billion to 85 countries.[3] However, the main source of revenue comes from United States government contributions. The bank also sells some of its short-term loans to various banking institutions throughout the world. Its original capitalization was $10 billion but this was later increased to $21 billion.
Formal relations between the Bank and the United Nations are governed by an agreement approved by the Banks Board of Governors in September, 1947 and by the United Nations General Assembly in November, 1947.[4]
When the United Nations Monetary and Financial Conference defined membership in the International Monetary Fund and World Bank, it stated in Article II that the original members of the Fund shall be those of the countries represented at the United Nations Monetary and Financial Conference whose governments accept membership before the date specified in Article XX, Section 2 (e) (between May 1, 1945 and December 31, 1945). Could this vague doubletalk be interpreted to mean that the countries themselves are not members, but the individuals representing them ? United Nations expert Mary Davison thinks so.
When these auspicious banking complexes were being established, the goldsmiths were careful to protect their ancient privilege of demanding conversion into gold and establishing subscription percentages. Twenty five per cent of the United States subscription was to be payable in gold and the balance in members currency expressed in relationship to gold. More gold gimmicks followed. The convertibility clause in the Bretton Woods Agreement tied all foreign currencies to the United States dollar, which permitted member nations to convert the United States dollars they held into gold. Section 4, Article III states that if a member increases its quota, the Fund requires 25 per cent of the increase in gold. Section I, Article IV establishes that the par value of member currency shall be expressed in terms of gold as a common denominator. The purpose of this requirement was to force all nations to accept the gold exchange standard so that the manipulators could resort to their time honored method of collapsing currencies by causing a gold outflow. Section 6, Article V states that members may purchase currencies of other members from the Fund with gold, and Section 7, Article V provides that members may purchase Fund assets for gold.
The INTERNATIONAL MONETARY FUND has its headquarters at Nineteenth and H Street, N.W., Washington, D.C. 20431.[5] Managing Director and Chairman of the Board of Executive Directors is Pierre Paul Schweitzer. The Articles of Agreement became effective the same day as those of the World Bank, December 27, 1945 when President Truman authorized the Bretton Woods Agreement Act (59 Stat. 512; 22 U.S.C. 286). Its purposes were stated to be :
1. To promote international monetary cooperation.
2. To facilitate the expansion and growth of international trade.
3. To promote exchange stability.
4. To make the Funds resources available to members.
In short, the IMF would control international trade and through its affiliate banking organizations, manipulate the balance of payments between participating nations. When the IMF was established, it was intended to be an international, fractional reserve, world central bank which would eventually become the Treasury Department of their anticipated future global empire.
The IMF is administered by a Board of Governors and a Board of Executive Directors. Five of the Executive Directors are appointed by members contributing the largest quotas, and fifteen more by the remaining nations. As of December 31, 1967 there were 107 member nations in the IWF whose combined quotas aggregated approximately $20 billion. The United States quota is the largest (roughly one quarter) yet we have no control over this organization except in the matter of appropriations.
Who controls the IMF and World Bank ? We know that the President of the World Bank is none other than Mr. Military Phaseout himself, Robert Strange McNamara. He was not elected to this post, but was appointed by the President. Your author inquired of the late Senator Everett Dirksen if the Senate could effect his removal. The reply was that the Senate could do nothing since it had no control over the appointment, nor over the World Bank.
Robert Strange McNamaras weird qualities made him uniquely qualified for this position of completing the job of phasing out our money system since he did this most efficiently to our military power. The legacy of disaster he created in the military still continues as official policy under his successor, Melvin R. Laird and Henry R. Kissinger, who serves as Assistant to the President for National Security Affairs, Mr. Eugene Black was McNamaras predecessor at the World Bank. He is also a Council on Foreign Relations member and has been affiliated with the Rockefeller Chase-Manhattan Bank. To keep the businesses interlocking, he now heads the Asian Executive Service Corps, another presidential appointment, where he presides over the spending of additional millions of our tax dollars.
When the IMF was originally established, it was intended to be an international, fractional reserve, central bank. Recently we have been hearing guarded statements about the erection of an international Federal Reserve Bank. We havent been told, but we already have one and have had ever since the IMF came into existence. With their Special Drawing Rights, they have the power to call in the currency of any member (including the United States) and exchange it for a new United Nations type currency. Through their cooperative efforts with the Federal. Reserve Bank they are able to tighten credit on an international scale which could have the effect of virtually paralyzing industry on a worldwide basis.
Both the IMF and World Bank, as well as their personnel, have privileges and immunities enjoyed by no other class of citizens. Both the IMF and World Bank have the power to enforce their own decisions on all subordinate member nations (including the United States). Section 3, Article IN provides immunity from judicial process for members. Translated, this means that the Fund and its members cannot be sued in any nation where it is located. Section 4, Article IX states that the property and assets of the Fund, wherever located and by whomsoever held, shall be immune from search, requisition, confiscation, expropriation, or any form of seizure by Executive or legislative action. Our super government, located at 1818 H Street, N.W., in Washington, can never be searched by the FBI or any governmental agency for any reason. They have also blocked any possible future legislative action against them which might ever be contemplated by Congress. If enough Americans become aware of the legislative outrages perpetrated by their so-called representatives, they will no doubt take matters into their own hands as did our forefathers in 1776. Since the officials of the IMF and World Bank enjoy their unique diplomatic status, Robert S. McNamara is no longer an official of the United States government. He might be called an international civil servant (master) and may continue to dismantle what is left of our monetary empire without being subject to Congressional investigation or even to American legal process or American law. Section 6, Article IX states that all property and assets of the Fund shall be free from restrictions, regulations, controls, and moratoria of any nature. Section 7, Article IX gives official communications of Fund members diplomatic immunity. This would enable Fund members to take bag loads of money out of the United States for themselves or their criminal associates in other areas without ever being inspected by customs in any nation. Furthermore, no Fund member may be requested to leave the country, regardless of the undesirability of his presence. Executives and employees are not only immune from legal process for acts performed by them in their official capacity, but are also exempt from taxes. Section 9, Article IX boldly declares that the Fund and all its assets shall be immune from all taxation and from all customs duties. The IMF is permitted to sell the securities of any nation (including enemy nations) tax exempt. This is just another example of the high-handed monopolistic tactics which put the American securities market at an unfair disadvantage. It is also another avenue for the further drainage of dollars from the United States into other areas. Further, Section 1, Article IX states no tax shall be levied on or with respect to salaries and emoluments paid by the Fund to Executive Directors, alternates, officers or employees of the Fund. Bank President Robert S. McNamara pays no income tax on his $40,000 per year salary as President of the World Bank. He is a World Citizen and enjoys diplomatic immunity in every nation which is a member of the World Bank. The World Bank Charter virtually repealed our immigration laws, as no immigration or alien registration requirements apply to their members.
Administration of IMF and World Bank directives are channeled through their liaison officer in the Treasury Department, the Office of the Assistant Secretary for International Affairs. This bureau is composed of eight divisions whose directors report to the Assistant Secretary for International Affairs. This office was created by Treasury Department Order 202 on October 14, 1964. The Assistant Secretary and his subordinates advise the Secretary of Treasury on matters relating to international economic, financial and monetary matters. These activities include such diverse matters as balance of payments and gold outflow problems, the operation of the International Monetary Fund, World Bank and its affiliates, the Inter-American Development Bank, the Asian Development Bank, foreign lending and assistance programs, the Anglo-American financial agreement, the Exchange Stabilization Fund and the activities of the National Advisory Council on International Monetary and Financial Policies.
It was imperative for the conspirators to have their financing assured prior to the United Nations Conference. With the successful completion of the first phase, e.g., the establishment of the IMF and World Bank, they were ready for the next step. After some weeks of negotiations over the pre-prepared script, and amidst hysterically favorable propaganda, the United Nations Charter was adopted at San Francisco on June 26, 1945. The Charter contained 111 Articles, but beneath its flowery wording and doubletalk, it in effect established a world government to which the United States was reduced to the status of a participating member state. Most Americans were not aware of this fact, and many still arent.
Within the Treasury Department we will also find another interesting internationally oriented body. This is officially known as the National Advisory Council on International Monetary and Financial Policies, Department of the Treasury, Washington, D.C. 20220, Secretary: Charles R. Harley. This council was established as a statutory body by the Bretton Woods Agreement and now operates under Executive Order 11269 (February 14, 1966) which was amended by Executive Order 11334 of March 7, 1967. This council was designed to coordinate the policies and operations of the representatives of the United States in the following organizations :
Export-Import Bank of the United States
International Monetary Fund
World Bank
International Development Association
International Finance Corporation
Inter-American Development Bank
Asian Development Bank
and other agencies of the government.[6]
The council advises and instructs (tells) the Secretary of Treasury what his policies should be with respect to the making of foreign loans and monetary transactions in the various banking complexes under their jurisdiction. The advice consists of briefings to the Secretary of Treasury and his subordinates as to the policies to be followed. We now can see how the self-executing orders of the various banking organizations are funneled through the various departments within the United States for administration and execution.
When the United Nations Treaty was rushed through the Senate without a hearing, only two senators even bothered to read it. Such is the power of the propaganda machines of the big television, news and radio media. And such is the nature of government. We have people sitting in legislative chambers who push buttons for a living. They pay no attention to the content of legislation nor its effect upon the millions of citizens who will be affected by it. They expect to legally bind us to every whimsy, outrage, deception and lunacy which their pushbutton minds contrive. Yet we, the people, are expected to silently assent. The political hacks and criminal degenerates in all levels of government who have been continually plundering our once great nation, must be made accountable for their treason by an outraged population. They have unconstitutionally and illegally phased out our national sovereignty and put us into a cunningly contrived world government setup while still attempting to delude the American people.
After the ratification of the Charter of the United Nations and Statute of the International Court of Justice by presidential signature August 8, 1945, they were ready for business. One of the first of the financial offshoots after the United Nations Treaty had been ratified was the Organization for European Economic Cooperation, established in 1948 to implement the Marshall Plan for European recovery.
The ORGANIZATION FOR ECONOMIC COOPERATION AND DEVELOPMENT has its headquarters at Chateau de la Muette, 2 Rue Andre-Pascal, Paris 16, France. Secretary General : Thorkil Kristensen. Publication Center for U.S.A.: 1750 Pennsylvania Avenue, N.W., Washington, D.C. This organization replaced the Organization for European Economic Cooperation when it was ratified by the required number of nations in 1961. It may be of interest to know that countries with special status participating in OECD activities are Australia and Yugoslavia. Its purposes again reflect a somewhat familiar refrain :
1. Achieve economic growth and the maintenance of financial stability.
2. Contribute to sound economic expansion in both member and non-member nations.
3. Contribute to the expansion of world trade.
The noble sounding objectives conceal the monopolistic and exploitive nature of their banking and lending complexes. This organization is run by a permanent council headed by a Secretary General who is appointed by the council and responsible to it. Most of the nations participating in these various international organizations contribute very little to their financing. As usual, the bulk of the money comes from the United States.
The INTERNATIONAL FINANCE CORPORATION has its headquarters at 1818 H Street, N.W., Washington D.C. 20433 (same address as IMF and World Bank). President : Robert S. McNamara. Executive Vice President : Martin M. Rosen. Vice President : James S. Raj. The International Finance Corporation (IFC) was created in July, 1956 to assist the development of productive private enterprises in less developed member countries.[7] It is affiliated with the World Bank but its own staff and funds are separate. As of March 31, 1969, 91 nations belonged to this organization. The ITC grants long-term loans at very low interest rates without guarantee of repayment by the debtor countries on projects which are considered high economic priority. Most of these loans are outright gifts.
The president of the World Bank, Robert Strange McNamara, serves as ex-officio Chairman of the IFCs Board of Directors. This same Board of Directors appointed him to serve as the IFCs president.
Since its origin until March 31, 1969 the IFC has made 173 loans to private enterprises in 39 countries, for a total investment of $343 million. The IFC has no set interest rates but establishes the rates for each investment depending on relevant circumstances. Investments are made in a wide variety of industries, usually in association with private business in the developing countries. IFC is authorized to borrow from the World Bank and also realizes an additional cash flow by selling some of its commitments to other financial institutions in various countries.
INTERNATIONAL DEVELOPMENT ASSOCIATION has its headquarters at 1818 H Street, N.W., Washington, D.C. 20433. Another lending agency which is administered by the World Bank is the International Development Association (IDA). It was created by a resolution of the Governors of the World Bank to finance projects whether they are revenue producing or not and to make loans to multitudes of less developed countries on a more flexible basis without disturbing the balance of payment problems. Articles of Agreement for the IDA were drawn up by the World Banks Executive Directors and it officially came into existence on September 24, 1960. All World Bank members are eligible for membership in the IDA and as of December 31, 1968, 102 countries had become members, but the bulk of its financing comes from the highly developed countries, including and especially the United States.
The International Development Association does not have a staff of its own and World Bank officials and personnel serve in both categories concurrently. The President of the World Bank, Robert Strange McNamara, is ex-officio president of the IDA and Chairman of the Executive Directors.
Money to finance the IDAs projects comes from several sources. The inevitable Congressional appropriations constitute the most dependable source of revenue. It is authorized to borrow from the World Bank and also may attempt to persuade the industrialized nations to lend money to them. In 1964, 18 nations agreed to contribute funds amounting to $400 million per year for three years to the IDA for loans to mini nations, commencing in 1968. Some of the IDA loans have been made totally interest free for a period of fifty years.[8] This money amounts to a virtual gift to not only the recipient nation, but to the conspiratorial insiders who arrange for these multi-million dollar tax financed projects for their own financial benefit. Regardless of how the government manipulates or conceals the appropriations, the overwhelming amount of money for all these fanciful Socialist projects has been provided by the long-suffering American taxpayer, who picks up the tab. If business wishes to develop industry in these backward areas, it should be required to take risks, obtain venture capital and deal with the various forms of tribal entities and governments which they encounter. This is the essence of business expansion, but this is the antithesis of the strategy of the monopolists. They want to develop projects on a global scale, using other peoples money, giving their own selected participants lucrative contracts, and when payment is to be made, pass the bill on to someone else. The monopolists do not believe in free enterprise and never did. They are afraid of competition and succeed only through treachery, treason, and criminal control of governments at the highest levels of policy making.
Despite the multi-billion expenditures of American taxpayers money, the only beneficiaries of this monumental larceny is to the criminal exploiters themselves. The American citizen is now being taxed to the breaking point, and the nations who have received our largess so long express only hatred and contempt for us. The people within the nations receiving these projects remain as poor as ever, but the insolent and greedy government officials of these nationettes are lining their pockets, building luxury homes and pursuing a life of subsidized splendor. Here is an eyewitness report on what happens to some of the money the United States is so lavishly pouring into Africa.
You know, of course, that your country is pouring money into African independent countries, but unless you lived here and saw what is going on, you do not know what becomes of it. Nearly all goes into the personal pockets of the black members of the governments, except what is used for bribes. They build themselves presidential palaces, one of which I happen to know cost something like a quarter of a million pounds, or about $750,000. In Zambia, Kenneth Kaunda has 100 soldiers guarding his palace every night, which is flood-lit and ringed with gunshe is terrified of being bumped off. President Banda of Malawi never leaves his palace without a bodyguard of police on motorcycles who drive behind and in front of his car with screaming sirens, and every other car has to get off the road completely when he passes. People drive into ditches and through fences to get out of his way, as they can be heavily fined or put in prison for being on the road when he is coming ... whites live a dreadful life of fear. African police or hooligans may burst into their homes at any time and clap them in prison for perhaps a careless word or criticism of the Government.
Signed
(name withheld for security purposes)
The purpose of these multi-million dollar gift loans is simply a device to funnel huge amounts of money into Socialist governments which they would never otherwise receive. It is doubtful if there were ever any intention on the part of the lenders to insure repayment since some of these gift loans run as long as 50 years with an interest rate as low as one-half per cent per year.
THE ASIAN DEVELOPMENT BANK has its headquarters at Commercial Center Post Office, Manati, Rizal, Philippines. President : Takeshi Watanabe. The Asian Development Bank was ratified August 22, 1966 when the required fifteen governments had signed the agreement. The Economic Commission for Asia and the Far East of the United Nations (ECAFE) recommended the creation of the Asian Bank. This resulted in ECAFE Resolution 62(XXI) of the Twenty First Session of the United Nations, 1965. This United Nations resolution eventually found its way into American law. It began operations in December, 1966 and at the present time has 33 members, including non-Asiatic United States. Our participation in the bank is a result of the adoption of the Asian Development Act of March 16, 1966 (80 Stat. 71: 22 USC 285). This statute is the result of a United Nations directive.[9] Its purposes are couched in the tautologous rhetoric used in the other banking complex organizations, e.g., to stimulate the economic growth of Asia and the Far East. It is administered through a Board of Governors who are appointed by member countries. Most of the real responsibility, however, is delegated to the ten men comprising the Board of Directors. It is this group which runs the bank.
THE EXPORT-IMPORT BANK OF THE UNITED STATES has its headquarters at 811 Vermont Avenue, N.W., Washington, D.C. 20571. President : Henry Kearns. This bank was originally established in 1934 as the Export-Import Bank of Washington, but its name was changed to the Export-Import Bank of the United States by Act of March 13, 1968 (82 Stat. 47). This bank is run by a five man Board of Directors of which three are appointed by the President. The President of the Export-Import Bank also serves as its Chairman of the Board of Directors. This bank might be called the forerunner of the entire United Nations Banking Complex and was created in the same year the United States went off the gold standard. Its purposes were to aid in financing exports, imports and exchange of commodities between the United States and any of its territories, any foreign country or its agencies and nationals. An Act of September 26, 1940 (54 Stat. 961; 15 U.S.C 606b) authorizes loans to assist in development of resources, stabilization of economics and orderly marketing of produce to countries of the Hemisphere.
Since this bank is empowered to trade not only with nations, but agencies or nationals of foreign countries, the latitude in this authorization is almost unlimited. It is difficult to get any information as to who the agencies or nationals of foreign countries are. But we do know, however, that David Rockefeller of the Chase Manhattan Bank is an enthusiastic supporter of this and other international banking institutions.
As may be expected, one of the primary sources of the $13.5 billion loan authorization is from Congressional appropriations. In 1967 Congress was asked to appropriate $2.8 billion to help finance these banking operations and long-term loans. One of the purposes of this organization is to finance East-West trade, and since the faltering Soviet economy is always short of money, any purchases made under these agreements will be eventually paid for by the American taxpayer. Next time you want to buy a Polish ham or other Iron Curtain country products, remember this. Not only do the recipients of East-West trade often default in payment, but money is given to them as a credit advance to enable these foreign competitors to buy American goods which they could obtain no other way. Such absurd business procedures could never occur in a free market situation. To further embarrass the American taxpayer, if payment is made it is frequently permitted in soft currencies, e.g., the money of the Communist-block countries or the insolvent mini nations. This bank merely represents another device whereby the favored customers and corporations are able to sell millions of dollars worth of goods to selected foreign interests. The Foreign Credit Insurance Association is the organization which carries the risk insurance for firms doing business through the Export-Import Bank. The funds with which the Foreign Credit Insurance Association operates are also obtained from the Federal Government at bargain-basement interest rates. This is another added swindle which the financial mafia is able to perpetuate through their control of huge international corporate setups, often through the device of interlocking directorates. If the American people will rise up in rage against the perpetual betrayal of their interests by a corrupt Congress and stopped all appropriations to foreign beggars, Socialism would die on the stem. The Socialist state can never be a financial success because of the nature of its distorted economic views. Without massive doses of our money over the period of decades, not one Socialist country would have remained in power. That segment of American business enterprise which is still semi-free is the gigantic miracle which is still carrying the load of these free-loading parasites and criminal monopolists.
All of our recent presidents coo with delight at the thought of stimulating East-West trade. President Johnson called it bridge-building. President Nixon continues the identical policy of promoting the same old policies which have dominated the Washington scene for the last several decades. Some of this bridge-building activity finds its way into American coffins when dead GIs are shipped back to their homeland after making their contribution to this politically mature type of treason.
The INTER-AMERICAN DEVELOPMENT BANK has its headquarters at 808 Seventeenth Street, N.W., Washington, D.C. 20577. President : Felipe Herrera. This bank began operations on October 1, 1960 as a result of an agreement signed in 1959 between 19 Latin American countries and the United States. Later such headliners as Trinidad, Tobago and Barbados joined. The United States became a member when the Inter-American Development Bank Act (73 Stat. 299; 22 U.S.C. 283 note) was passed. The purposes are always the same, to promote the economic development of member countries. Each member country may appoint one member to the Board of Governors but the seven man Board of Executive Directors runs the bank. This bank may make loans to the governments of members or to private companies and banks in these countries.
One of the unique features of this banking setup is the Social Progress Trust Fund which is administered by the bank itself. This fund is the result of an agreement executed between the United States Government and the bank on June 19, 1961. The administration of this money is discretionary and may be used for such diverse purposes as land settlement, low-income housing, sanitation and water supply, education and training related to economic and social development.
As of December 31, 1968 the bank had authorized 498 loans totaling almost $2.8 billion in such fields as agriculture, industry, electric power, transportation, housing, education and export financing.
The AGENCY FOR INTERNATIONAL DEVELOPMENT (AID) has its headquarters at 2201 C Street, N.W., Washington, D.C. 20523. Administrator and Chairman of the Development Loan Committee : John A. Hannah. Another member of the Development Loan Committee is Henry Kearns, Chairman of the Board of Directors of the Export-Import Bark of the United States. This agency was created by Executive Order 10973 of November 3, 1961 through the authority granted by Section 621 of the Foreign Assistance Act of 1961 (75 Stat. 445; 22 U.S.C. 2381). It is operated as an agency within the Department of State.
A.I.D. activities might somewhat overlap with the other banking and lending agencies within the complex, but it carries out United States overseas programs of economic and technical assistance to less developed countries ... The money to finance these technical assistance projects naturally comes from Congressional appropriation. The major emphasis of the A.I.D. gift-loans is in the field of education, agriculture and health. Money is also made available to cooperatives, labor unions, and savings and loan associations. Through the A.I.D. program, selected United States investors are guaranteed against certain political and business risks. It would be a revealing list to ascertain who the selected United States investors who have been so immunized against business risks by the money cartel really are. We know that the United States taxpayer has no special immunity or standing and will be the guarantor of these defunct gift-loans.
This agency also operate the Food for Peace Program (Public Law 480) through a cooperative agreement with the U.S. Department of Agriculture. It also maintains liaison with the Food and Agriculture program of the United Nations in the funding and administration of their various projects. A.I.D. and Department of Agriculture programs are carried out through a network of 104 agricultural attaches and officers covering 60 key posts in more than 100 countries. Thus United Nations directives may be directly funneled into the appropriate department within the United States for implementation and financing.
These Food for Peace and related projects are encompassed within the budget of the Commodity Credit Corporation of the Department of Agriculture which has an authorization to borrow up to $14.5 billion for use in carrying out its programs. Because of the intertwining nature of these projects it is difficult to ascertain just how much money has been available because of the problem of multiple budgets and overlapping programs.
Under the A.I.D. programs loans are also made available to foreign buyers, usually local merchants and distributors, for the importation of United States commodities.
Another instance of United Nations resolutions finding their way into official government policy may be found in the Office of Foreign Assets Control of the Treasury Department. This office is charged with the responsibility of administering the Rhodesian Transaction Regulations issued pursuant to Executive Order 11322 of January 5, 1967 implementing the United Nations Security Councils Resolution 232 of December 16, 1966 which imposed mandatory economic sanctions against Southern Rhodesia. Thus we can see that the President of the United States does not even pretend to represent the people but is a vassal order-taker from his international bosses who are running the super government.
Nor is this the end of the list. The Socialist millionaire monopolists were not content with the scope of power and financial control which had been given to them by the United Nations Banking Complex. Still other facets were added to implement the aid and trade racket which were passed by a supine Congress. The Mutual Defense Assistance Program (1949) authorized military aid to friendly nations. Since the government definition of friendly is quite bizarre, even nations at peaceful war with us would presumably qualify under this act. A Foreign Assistance Act of 1948, Mutual Security Act of 1952, and Foreign Assistance Act of 1961 all authorized some form of economic, technical and military assistance to various and sundry nations. United Nations expert Mary Davison estimates that the United States is committed to defend over 44 nations through such mutual defense treaties. The term could scarcely be termed mutual defense since most of the nations involved would carefully avoid any controversies which might lead to a war if they were obliged to defend themselves. These treaties are merely another coverup for the empire building oligarchists as a means of concentrating more power and money in their hands. The other intended purpose is to thoroughly discredit the prestige of the United States and dismantle her economically and militarily.
Another aspect of our economic planned phaseout will be found in the General Agreement on Trade and Tariff, more popularly known as the Kennedy round of tariff reductions.
As early as 1948, 23 countries had signed the General Agreement on Tariff and Trade (GATT).[10] By the end of 1967 there were 75 contracting parties and 12 countries participating. We wonder at this point who are the contracting parties ? Since countries were mentioned specifically, it must be concluded that the contracting parties probably represent the Socialist segment of favored business enterprise. The so-called Kennedy Round of negotiations begun in 1964 were completed June 30, 1967. They merely represented the sixth of a series of negotiations which had begun in previous years, but with one big difference. Prior negotiations had been made on an individual product basis, but by 1967 the money pool had been able to extend these self-directed benefits on an industry-wide basis.
While 50 countries took part in the 1964-67 negotiations, only eleven of them could be considered industrialized, and many of these nations were of little economic significance, e.g., Austria, Denmark, Czechoslovakia, Norway, Sweden, etc. As usual, it was the United States which shouldered its usual disproportionate share of the financial hardships as yet to be realized by this vicious plunder on Americas wealth and productivity. Plans were set in motion to slash tariffs and duties up to 50 per cent, and federal subsidies would be substituted instead of tariff protection for those citizens and businesses adversely affected. This would not only add more billions of dollars to the already over-burdened taxpayer but would put thousands of individuals out of work and close many plants. In the past few years over 700 American textile plants alone have been put out of business, eliminating 500,000 jobs. More recently over 3,000 industries have left American shores to locate elsewhere. Our tariffs are already lower than those of the major markets of the world and we have been importing millions of tons of steel per year which has caused an additional loss of jobs.
The Socialist internationalists all favor these lunacies as they see in it a further step toward a political merging with Europe through the device of the Common Market. Within the next few years Europe may have a Common Market of possibly ten countries comprising a population of about 250 million people. With such a merger, common citizenship, military structure and money would probably evolve. To this conglomerate would be added the United States, sufficiently weakened by the Washington policies to fit meekly into a subservient position. We must not forget that Karl Marx was an advocate of free trade for those nations which he wanted to enslave. Our enemies in Washington are following an unswerving course to eradicate our nation, private property and individual freedom. They are serving the interests of the money cartel and will not alter this disasterous course unless enough outraged citizens recapture the Spirit of 1776. We are beginning to see world government shape up, and most Americans dont like what they see. Government has never been a friend to man, and the bigger it gets the worse it gets. If there are constitutional restraints upon the king, a citizen might find life tolerable, but if the king (dictator) seizes total control, individual life becomes serfdom. If world government were a desirable goal, the conspirators would never have had to use their devious devices and trickery to achieve it. On February 17, 1950 James Paul Warburg made the following statement before the United States Senate : We shall have world government whether or not we like it. The only question is whether world government will be achieved by conquest or consent. One wonders if such an outlandish prediction would have been made unless enough power over Congress already existed to achieve this end.
People first came to this country to escape the persecution and tyranny of the king. When the Constitution was established, the framers were careful to protect the rights of the individual against the infringements of government. America became the shining light in the history of human achievement because settlers had the freedom to carve out a continent for themselves without the interference of government lurking at every step. People were free to innovate, build, experiment, develop new ideas and industries; and no nation has ever prospered so greatly. We became the envy of the world, yet few nations would follow in our footsteps because the ruling classes would not permit the freedom necessary to develop a truly free enterprise economy. Additionally, the type of people who came to the United States were hardy, independent and courageous. Only such people could carve an economic miracle out of an untouched continent.
Although the money pool continually harassed our nation with wars, planned panics and unwanted legislation during the 19th century, it was not until 1913 when the Federal Reserve straight jacket was placed on us, our doom was sealed. The cartelists were now firmly in control.
That the conspirators planned and executed World Wars I and II are now generally recognized by knowledgeable people. In fact, the Congressional Record, 67th Congress, 4th Session, Senate Document No. 346 entitled Justice for Hungary by Mr. LaFollette, March 3, 1923 states : We repeat, and respectfully submit ... it is clearly established that Hungary did not cause and did not bring about the last World War (World War I). The responsibility for the last World War rests solely upon the shoulders of international financiers. It is they upon whose head the blood of millions of dead and millions of dying rests. Even President Wilson, after agreeing to support Federal Reserve Bank legislation and the United States entrance into World War I in return for the presidency said after returning from Versailles, There is a secret force at work in Europe which we are unable to trace. One of the members of that secret force was his primary advisor, Col. E. Mandel House. Another Insider, Nicholai Lenin remarked after World War I, The First World War gave us Russia while the Second World War will hand Europe to us. How could he have predicted these events so accurately unless he had been aware of the total evil plot.
Regarding the betrayal at Pearl Harbor, Admiral Husband Kimmel in a discussion with Col. Curtis B. Dall is quoted as saying, ... I found out later that the Japanese Task Force approaching Pearl Harbor had specific orders that if the American Forces at Pearl Harbor became alerted before the attack was launched, their Task Force was to return at once to Japanese waters without attacking ![11] He also added that his fleet had been deprived of carrier air strength and that information in a coded message had been broken by American intelligence indicating the impending attack on Pearl Harbor never reached the Admiral.
We have had World Wars I and II, the cold wars, the financial and spiritual rape of our nation, and we are now witnessing the increase in crime, drug addiction, deterioration of morals, increased governmental tyranny at every level, and armed revolutionaries in the streets. Did these things just stumble into being, or is it all a part of the strategy of the demonic gang which has so clearly demonstrated their satanic hatred of humanity by giving the world a half century of horrors. The chaos which we see all about us has been deliberately contrived and brought about so that the ultimate enslavement of the American people by a bloody revolution will be assure. After enough blood, torture, destruction and murder, the American people will turn to a dictator who will promise to restore law and orderCommunist style. If this tragic event should occur, the United Nations World Government will then become our acknowledged ruler and the sinister forces now lurking in the background will emerge triumphant Caesars.
Although the money pool had been in control of most of the industrial nations for generations, it was not until after World War II had ended that the battle fatigue syndrome was sufficiently aroused so that they could put over their package deal of total global economic exploitation by presenting the idea of an organization which could keep the peace. They called it the United Nations and the press ballyhooed it as the only solution to continual conflict. Thus the international cartel could work more conveniently in channeling the assets of the world into one political basket. The United Nations was pushed through the United States Senate as a treaty by Alger Hiss, who was one of its designers.[12]
It may surprise many Americans to know that the conditions under which Stalin lent the allies his support in World War II was the eventual creation of a United Nations for Peace. The aid given by Stalin consisted of five daysbut this enabled him to sit at the peace conference. When the United Nations was discussed, he emerged from the talks with three votes, while the United States had one. This was Roosevelts final blow to the nation he had so bizarrely betrayed. According to United Nations authority, Mary Davison, the United Nations charter is not a treaty, it is a constitution for world government, and this is exactly what it was intended to be.
Neither is the United Nations an organization for peace. A review of the chart enumerating the conflicts occurring since its establishment will quickly dispel that myth. The United States does not need the United Nations to avoid war. If we remained strong and self-reliant, there would be no nation or combination of nations which would attack us. Most of the so-called nations within its structure are totally ineffective politically, economically and productively. Their tyrannical rulers joined this organization as a means of extracting money and favors from the United States, for without the United States, the United Nations would quickly fold. When this octopus was organized in 1945 there were 46 members, mostly with European-American traditions. By 1962 there were 111 members and the Afro-Asian block had the majority of votes. In 1970 there are 127 members of which over 100 are considered underdeveloped. Seventy-two of these have a population of less than that of New York City and only six of these have a total annual income greater than that of the State of Connecticut; Argentina, Brazil, India, Indonesia, Mexico and Pakistan.
MINI NATIONS OF THE UNITED NATIONS WITH A POPULATION LESS THAN NEW YORK CITY (7,800,000)
Nation Population[13] (1968) Per Capita Income[14]
Albania 2,019,000
Austria 7,300,000 $ 1,035.00
Barbados 253,000 $376.00
Bolivia 4,680,000 $176.00
Botswana 611,000
Burundi 3,406,000
Cambodia 6,557,000 $112.00
Central African Rep. 1,488,000
Chad 3,460,000 $66.00
Congo (Brazzaville) 900,000
Costa Rica 1,634,000 $362.00
Cuba 7,631,000
Cyprus 622,000 $642.00
Dahomey 2,571,000 $68.00
Denmark 4,870,000 $1,808.00
Dominican Republic 4,029,000 $220.00
Ecuador 5,695.000 188.00
El Salvadore 3,266,000 $240.00
Equatorial Guiena 281,000 $273.00
Finland 4,688,000 $1,475.00
Gabon 488,000 $265.00
Gambia 350,000 $70.00
Ghana 7,740,000
Guatamala 4,864,000 $265.00
Guinea 3,795,000
Guyana 719,000 $273.00
Haiti 4,671,000 $80.00
Honduras 2,413,000 $199.00
Iceland 201,000 $2,066.00
Ireland 2,910,000 $806.00
Israel 2,745,000 $1,165.00
Ivory Coast 4,100,000 $215.00
Jamaica 1,913,000 $427.00
Jordan 2,103,000 $192.00
Kuwait 540,000 $3,257.00
Laos 2,825,000 $95.00
Lebanon 2,580,000 $338.00
Lesotho 910,000
Liberia 1,130,000 $146.00
Libya 1,503,000
Luxembourg 336,000 $1,594.00
Madagascar 6,500,000 $95.00
Malawi 4,285,000 $47.00
Maldive Islands 106,000
Mali 4,787,000 $64.00
Malta 319,000 $470.00
Mauritania 1,000,000
Mauritius 787,000 $206.00
Mongolia 1,210,000
New Zealand 2,751,000 $1,763.00
Nicaragua 1,842,000 $311.00
Niger 3,806,000 $78.00
Norway 3,819,000 $1,554.00
Panama 1,372,000 $451.00
Paraguay 2,231,000 $189.00
Rwanda 3,405,000 $72.00
Senegal 3,685,000 $182.00
Sierra Leone 2,475,000 $127.00
Singapore 1.865,000
Somalia 2,745,000 $62.00
Southern Yemen 1,196,000 $120.00
Swaziland 395,000
Sweden 7,773,000 $2,386.00
Syria 5,738,000 $87.00
Togo 1,772,000
Trinidad and Tobago 1,021,000 $541.00
Tunisia 4,660,000 $181.00
Uganda 7,551,000
Upper Volta 5,175,000 $43.00
Uruguay 2,818,000 $537.00
Yemen 5,000,000 $41.00
Zambia 4,080,000 $197.00
At the present time a two-thirds majority in the General Assembly can be achieved by nations with less than ten per cent of the worlds population and who contribute less than five per cent to the United Nations budget. Yet each vote is equal to that of the United States. In 1969 these nations voted 61 proposals involving money for themselves, to be paid for by the United States. The United States pays about one-third of the United Nations regular budget and about 75 per cent of its other spending. And of the nations contributing to the United Nations budget, much of this money comes out of our foreign aid money. Seventy seven of the United Nations member countries have not paid their assessments and some are delinquent as far back as 1958. Yet they still may vote.
The United States can no longer afford to be a part of this outrageous organization. It should be expelled from our shores.
An example of the absurdity of our governments dealings with one of the mini-members is a typical trade-treaty with the Caribbean Island nation, Barbados, population 253,000.
BARBADOS
INVESTMENT GUARANTIES
Agreement signed at Bridgetown March 11, 1968 : Entered into force March 11, 1968.
INVESTMENT GUARANTY AGREEMENTThe Government of the United States of America (the guaranteeing Government) and the Government of Barbados (the Host Government).
Seeking to encourage private investments in projects which will contribute to the development of Barbados economic resources and productive capacities through investment guaranties issued by the Guaranteeing Government,
Have agreed as follows :1. When nationals of the Guaranteeing Government propose to invest with the assistance of guaranties issued pursuant to this Agreement in a project or activity within the territorial jurisdiction of the Host Government, the two Governments shall, upon the request of either, consult respecting the nature of the project or activity and its contribution to economic and social development in Barbados.
2. The procedures set forth in this Agreement shall apply only with respect to guaranteed investments in projects or activities approved by the Host Government.
3. If the Guaranteeing Government makes payment to any investor under a guaranty issued pursuant to the present Agreement, the Host Government shall, subject to the provisions of the following paragraph, recognize the transfer to the Guaranteeing Government of any currency, credits, assets, or investment on account of which payment under such guaranty is made as well as the succession of the Guaranteeing Government to any right, title, claim, privilege, or cause of action existing, or which may arise, in connection therewith.
4. To the extent that the laws of the Host Government partially or wholly invalidate the acquisition of any interests in any property within its national territory by the Guaranteeing Government, the Host Government shall permit such investor and the Guaranteeing Government to make appropriate arrangements pursuant to which such interests are transferred to an entity permitted to own such interests under the laws of the Host Government. The Guaranteeing Government shall assert no greater rights than those of the transferring investor under the laws of the Host Government with respect to any interests transferred or succeeded to as contemplated in paragraph 3. The Guaranteeing Government does, however, reserve its rights to assert a claim in its sovereign capacity in the eventuality of a denial of justice or other question of state responsibility as defined in international law.
5. Amounts in the lawful currency of the Host Government and credits thereof acquired by the Guaranteeing Government under such guaranties shall be accorded treatment neither less nor more favor able than that accorded to funds of nationals of the Guaranteeing Government deriving from investment activities like those in which the investor has been engaged, and such amounts and credits shall be freely available to the Guaranteeing Government to meet its expenditures in the national territory of the Host Government.
6. (a) Differences between the two Governments concerning the interpretation of the provisions of this Agreement shall be settled, insofar as possible, through negotiations between the two Governments. If such a difference cannot be resolved within a period of three months following the request for such negotiations, it shall be submitted at the request of either Government, to an ad hoc arbitral tribunal for settlement in accordance with the applicable principals and rules of public international law. The arbitral tribunal shall be established as follows : Each Government shall appoint one arbitrator; these two arbitrators shall designate a President by common agreement who shall be a citizen of a third State and be appointed by the two Governments. The arbitrators shall be appointed within two months and the President within three months of the date of receipt of either Governments request for arbitration. If the foregoing time limits are not met, either Government may, in the absence of any other agreement, request the President of the International Court of Justice to make the necessary appointment or appointments, and both Governments agree to accent such appointment or appointments. The arbitral tribunal shall decide by majority vote. Its decision shall be binding. Each of the Governments shall pay the expense of its member and its representation in the proceedings before the arbitral tribunal; the expenses of the President and the other costs shall be paid in equal parts by the two Governments. The arbitral tribunal may adopt other regulations concerning the costs. In all other matters, the arbitral tribunal shall regulate its own procedures.
(b) Any claim, arising out of investments guaranteed in accordance with this Agreement, against either of the two Governments, which, in the opinion of the other, presents a question of public international law shall, at the request of the Government presenting the claim, be submitted to negotiations. If at the end of three months following the request for negotiations the two Governments have not resolved the claim by mutual agreement, the claim, including the question of whether it presents a question of public international law, shall be submitted for settlement to an arbitral tribunal selected in accordance with paragraph (a) above. The arbitral tribunal shall base its decision exclusively on the applicable principles and rules of public international law. Only the respective Governments may request the arbitral procedure and participate in it.
7. This Agreement shall continue in force until six months from the date of receipt of a note by which one Government informs the other of an intent no longer to be party to the Agreement. In such event, the provisions of the Agreement with respect to guaranties issued while the Agreement was in force shall remain in force for the duration of those guaranties, in no case longer than twenty years after the denunciation of the Agreement.
8. This Agreement shall enter into force on the date of signature. IN WITNESS WHEREOF the respective representatives, duly authorized for the purpose, have signed the present Agreement.
DONE at Bridgetown, Barbados, in duplicate, this 11th day of March 1968.
FOR THE GOVERNMENT OF THE UNITED STATES OF AMERICA :
Fredric R. Mann Ambassador of the United States of America
FOR THE GOVERNMENT OF BARBADOS :
Broil W. Barrow Prime Minister and Minister of External Affairs[15]
In addition to the betrayal in the State Department, the most sinister danger facing America is the phaseout of our national defenses. The organization which directs the military operations of the multiple United Nations peacekeeping operations (wars) is the Military Staff Committee of the United Nations Security Council. The five permanent members are : China, France, USSR, UK and U.S.A. Since the United States has agreed to have a communist as the permanent head of this committee, we must be aware of the type of policies which will be formulated by this group. While the personnel may change, the policies have not varied since its establishment. These pro-Communists run all the United Nations Wars, including Viet Nam. The present executive officer of the UN Military headquarters is Leonid Kutakov, Undersecretary for Political and Security Council Affairs.[16] This man runs the war in Viet Nam, but Americans arent supposed to know it. This is also why we have the Paris Peace Talks. These negotiations are a coverup to keep the war going while thousands of our fine youth are sacrificed for a peaceful war, which the military leaders admit will never be won.
Because of the ability of the left to appear anti-establishment, they lure thousands of disenchanted young people into so-called peace movements which promise to end or withdraw from the peaceful war. They also militantly condemn the United States for its alleged atrocities in Viet Nam, but remain silent about Communist atrocities wherever committed. The professional promoters of these peace movements never mention that it is a United Nations war and that the supreme commander sits in the Security Council of the United Nations. All military plans are sent through his office and before our ragged and inadequately supplied soldiers can attack, the friendly enemies have been alerted to the plans. What the brainwashed peaceniks arent told is that these anti-war demonstrations serve a three-fold purpose :
1. They promote and propagandize discord in the ranks of the United Nations number one satellite, the United States.
2. They tend to force everyone who disagrees with militant agitators into the pro-Nixon camp (which definitely isnt the case).
3. It serves as the basis for proposing an alternative to the draft, e.g., national service, unknown to the bulk of the chanting unsophisticates who blindly follow the pied pipers of the Insiders.
In order to develop the world for the monied interests, it is necessary to have qualified personnel. Since most of the nationettes comprising the member states of the world government are backward non-entities, it is necessary to find people to teach these creatures certain rudimentary skills which many lack. The bank boys must have semi-volunteers to show these natives how to plow with machinery, drive a truck, sweep with a broom, fish with a hook, read on an elementary level and in some cases, even to wear clothes.
Therefore, the idea of a civilian army of technicians was launched. To condition the American sucker into accepting a global self-service concept, the Peace Corps idea was publicized. Now the alternative to the draft concept is being pushed, mainly through the hardcore revolutionists within the so-called peace movement.
The official planning body for the alternative to the draft concept is the National Service Secretariat, a tax-free foundation funded for this global involuntary servitude corps. They plan to begin with two years of an alternative to the draft with young men 18 to 20. This will eventually be expanded to include young women of the same age. Eventually the ages for service will be increased to 35 years of age for both men and women, including young mothers. These draftees (serfs) will be sent wherever the planners decide. Families will be broken up and babies raised by the state. The ultimate aim of the National Service Secretariat is to abandon the voluntary concept and make these years of service (servitude) compulsory.
The World Bank is the fiscal agent of the United Nations and plans are now under way to issue a world currency through its International Monetary Fund. Lest Americans think that an international currency would benefit Americans. Let them examine the exchange rates and see what the dollar (even now) is worth in comparison to other currencies. This is another point to remember when we are talking about the billions disbursed through foreign aid and other global giveaways. Several random examples of foreign aid given during 1968 illustrate this point :
Foreign Aid[17] (Amounts in U.S. dollars) Exchange Rate : (Sept. 15, 1970Wall St. Journal) Approximate Value in Receiving Countrys Currency
Brazil $ 195 million .2170 $ 792,000,000
France 12 million .1810 66,000,000
Gr. Britain 185 million 2.385 79,000,000
India 583 million .1325 4,410,000.000
Israel 29 million .2875 81,600,000
Mexico 53 million .08 848,000,000
Spain 45 million .0144 3,105,000,000
These figures do not include additional distributions of military aid, agricultural, technical, educational, programs, nor any distributions made through such financial institutions as the Asian Development Bank, Inter-American Development Bank, International Development Association and the multiple other means whereby American taxpayers earnings are hijacked for the financial benefit of the money mafia. One of the few advantages Americans have left in a hostile world is the slight edge they often realize in foreign currencies when travelling. With an international money managed by the usurers, whatever is left of our few rewards for having produced the wealth in the first place will be forever gone.
It should now be apparent that when the multi-faceted United Nations apparatus was set up it was strictly for the benefit of the international money changers. Additionally, they now have the use of our armed forces when needed and are in a position to control all the governments on earth through their lending facilities, technical aid programs, etc. With a record of such treachery, terror and treason used in achieving the power they now possess, is there any reason to suppose that total control will be any less evil ? It is only necessary for the Insiders to control two or three big powers, as the smaller nations will align themselves with those nations who will benefit them the most. With an apparently weak and vacillating United States, the smaller nations of the world look for strong leadership which is so obviously lacking in Washington. Since the big deceit is to portray the United States as fighting Communism (while it is in actuality establishing it globally), the uninformed mini states align themselves with the blustering Soviet Union which is propagandized as the infallible giant. Most of the nations and people of the world are still unaware of the fact that the entire apparatus is in reality operated out of New York and London banking houses. And Washington like Moscow, Hanoi, and all other capitols, take their orders from these sources.
No dictator in history has ever had the kind of absolute power which is now emerging in the United Nations and its banker backers. And no person on earth will escape from their control. All the safeguards and constitutional rights which have been wrought over centuries of sacrifice will be abolished. The population of the globe will be reduced to a state of slavery in which every facet of human life, from conception to cremation, will be controlled.
In addition to expelling the United Nations from our land, we should immediately discontinue all foreign aid, dismantle the United Nations Banking Complex and establish a constitutional, honest money system. We must also stop placing mother hen to the rest of the hostile and ungrateful world. Let each nation develop in its own way according to its own customs, abilities and traditions. If industry wishes to build dams, roads, paper plants, etc. in foreign territories, it should be clearly understood that the American taxpayer is not to undertake the responsibility for the venture. With the knowledge that there will be no subsidies, business will expand on a sound basis and the local governments will cooperate with them gladly. Jobs and a rising standard of living will ensue in these areas and the standard of living for these people will gradually rise.
Our United States is now controlled by the motley characters who make up the United Nations General Assembly and Security Council and their invisible bosses. This accounts for the peculiar and anti-rational type of decisions which have been emanating from the Supreme Court for many years. It is also the reason there are no plans for winning the non-war in Viet Nam. This is all a part of the empire building apparatus evident in Asia, and our soldiers are being used at slave-labor prices, to accomplish these purposes. Did you know that over eighty per cent of the military in Viet Nam are engaged in what is termed pacification duties, e.g., building roads, air strips, etc. for non-military purposes ? Thousands of our men are killed and wounded per year, but this is a necessary facade to keep the illusion of fighting Communism alive in the minds of the hopelessly brainwashed American people.
If we are to ever extricate ourselves from the terror which is being planned for us, we must not be bemused by their propaganda. The conspirators must be judged by their deeds and not their words. Every program which has been launched by the Insiders has begun in honey coated lies and ended up in more power for the manipulators, less freedom for the individual, and more taxes to finance their global plunder. The neologism of their outworn phrases of minority rights, childrens rights, human rights, human dignity, etc. should enrage every informed citizen. These cliches are traps for the unwary. It is now up to informed and angry Americans to begin the long road of dismantling this evil octopus, establishing a sound and constitutional money system, and reestablishing the Constitution as the supreme law of the land. If only five per cent of Americans become angry enough to do something about it and encourage others to join them, the conspiracy would fold up under the pressures of public opinion. Politicians would never again dare to betray the citizens they took an oath of office to represent. If they refuse to alter the onward acceleration towards our national annihilation, we can take a cue from their subsidized and popularized revolutionists or our fighting forefathers, and act.
Alternative solution : If we wrested control of the money from the criminal monopolists, they would lose all effectiveness. They would be unable to buy off politicians through their control of the wealth of the nation. They could no longer send billions of our dollars to bail out Communist countries and their satellites from their perpetual financial insolvency. Without our technical aid and money, aggression and wars would be an impossibility for these nations. All the subsidized minority groups and criminal gangs would cease to exist without their lavish funding. Therefore, it is imperative for Americans to realize the fundamental cause of our worldwide woes and demand and force Congress to establish a money system in accordance with Article I, Section 8, Paragraph 5 of the United States Constitution. A united front on this matter by all Americans, regardless of political party, is our only means of survival.
1. Mary Davison, The Profound Revolution (Omaha, Nebraska: The Greater Nebraskan, 1966).
2. All chart information obtained from International Bank for Reconstruction and Development, 1818 H Street, N.W., Washington, D.C. 20433. Bank Press Releases of varying dates issued from October, 1969 to February, 1970. (American and Canadian participating companies underlined.)
3. U.S. Government Organization Manual (Washington, D.C.: General Services Administration, 1969-70), pp. 568-570.
4. Yearbook of International Organizations, Volume 12 (Brussels, Belgium: Union of International Associates, 1968-69), p. 619.
5. The IMF occupies the same building as the World Bank.
6. U.S. Government Organization Manual, 1967-68, p. 548.
7. U.S. Government Organization Manual, 1967-68, p. 612.
8. United States Government Organization Manual. Washington, D.C. Office of the Federal Register, 1969-1970, p. 569.
9. United Nations Documents Index, Cumulative Checklist, Volume 17 (New York: United Nations, 1968).
10. Yearbook of the United Nations (New York : Office of Public Information, 1967).
11. Curtis B. Dall, F.D.R., My Exploited Father-In-Law Tulsa, Oklahoma : Christian Crusade Publications, 1967).
12. Curtis B. Dall, F.D.R., My Exploited Father-In-Law, p. 59. "Basically, the United Nations is but a long-range, international banking apparatus neatly set up for financial and economic profit by a small group of powerful One-World Revolutionaries, hungry for profit and power."
13. Population statistics compiled from Monthly Bulletin of Statistics, January, 1970, Volume XXIV, No. 1, United Nations, New York.
14. Income statistics compiled from Statistical Yearbook, 19th Issue (New York: United Nations, 1967).
15. United States Treaties and Other International Agreements, Volume 19, Part IV (Washington, D.C.: Department of State, 1968, pp. 4692-4694.
16. Permanent Missions to the United Nations No. 221 (New York: United Nations, 1969).
17. The World Almanac and Book of Facts, 1970. (New York, Newspaper Enterprise Association, Inc., 1970.