Brown Web of Debt The Shocking Truth about our Money System (3rd ed)

Endnotes

(2001); Michael Rowbotham, Goodbye America! Globalisation, Debt and the Dollar Empire (Charlbury, England: Jon Carpenter Publishing, 2000), pages188-89.

7.Eleazar Lord, National Currency: A Review of the National Banking Law (New York: 1863), page 8.

8.Thomas Greco Jr., Money and Debt: A Solution to the Global Debt Crisis (Tucson, Arizona, 1990), page 5.

9.Letter to Col. William F. Elkins, November 21, 1864, The Lincoln Encyclopedia (New York: Macmillan, 1950).

10.Thomas DiLorenzo, “Fake Lincoln Quotes,” lewrockwell.com (2002).

11.Professor James Petras, “Who Rules America?”, Global Research (January 13, 2007).

Chapter 11

1.Quoted in The Federal Observer 4:172 (June 21, 2004), federalobserver.org.

2.Arundhati Roy, “Public Power in the Age of Empire,” address to the American Sociological Association in San Francisco, democracynow.org (August 16, 2004).

3.Joe Lockard, et al., “Bad Subjects Interviews Howard Zinn,” Bad Subjects: Political Education for Everyday Life , http://eserver.org/ editors/2001-1-31.html (January 31, 2001).

4.Carlos Schwantes, Coxey’s Army (Moscow, Idaho: University of Idaho Press, 1994), page 37.

5.“In Our Own Image: Teaching Iraq How to Deal with Protest,” pressaction.com (October 3, 2003).

6.Lucy Barber, Marching on Washington: The Forging of an American

Political Tradition (University of

California Press, 2004).

7.Jacob Coxey, “‘Address of Protest’ on the Steps of the Capitol,” from The Congressional Record, 53rd Congress, 2nd Session (May 9, 1894), page 4512.

8.L. Barber, op. cit., chapter 1.

9.“Militia Threatens March on Washington!”, geocities.com/Athens/ Forum/3807/features/hogan.html; “Coxey’s Army,” Reader’s Companion to American History, college.hmco.com.

10.“In Our Own Image,” op. cit.

11.Benjamin Dangl, “Lawyers, Guns and Money: IMF/World Bank Celebrate 60 Years of Infamy,” Indymedia (April 28,2004).

12.Russ John, “Monte Ne,”Arkansas Travelogue (February 1, 2002).

13.John Ascher, “Remembering President William McKinley,” schillerinstitute.org (September 2001); Marcia Merry-Baker, et al., “Henry Carey and William McKinley,” American Almanac (1995); Sherman Skolnick, “What Happened to America’s Goldenboy?”, skolnickreport.com.

14.Murray Rothbard, Wall Street, Banks, and American Foreign Policy (Center for Libertarian Studies, 1995).

Chapter 12

1.“Woodrow Wilson: The Visionary President,” http://home.att.net/ ~jrhsc/wilson.html.

2.“Daniel Inouye,” Wikipedia (November 2004).

3.Quoted in Peaceful Revolutionary Network, “The History of Money Part 3,” xat.org (August 2003).

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4.Matthew Josephson, The Robber Barons (New York: Harcourt Brace & Co., 1934).

5.Steve Kangas, “Monopolies,” Liberalism Resurgent, http:// mirrors.korpios.org/resurgent/L- ausmon.htm (1996); Ron Chernow, Titan: The Life of John D. Rockefeller Sr. (Random House, 1998).

6.Steve Kangas, “Myth: The Gold Standard Is a Better Monetary System,” The Long FAQ on Liberalism, huppi.com/kangaroo/L- gold.htm (1996).

7.Steve Kangas, “Monopolies,” op. cit.; Donald Miller, “Capital and Labor: John Pierpont Morgan and the American Corporation,” A Biography of America, learner.org; John Moody, The Truth about the Trusts (New York: Moody Publishing, 1904); Carroll Quigley, Tragedy and Hope (New York: MacMillan Company, 1966).

8.Sam Natapoff, “Rogue Whale,” The American Prospect vol. 15, issue 3 (March 1, 2004).

9.“Federal Reserve,” Liberty Nation, libertynation.org (2002).

10.G. Edward Griffin, The Creature from Jekyll Island (Westlake Village, California: American Media, 1998), pages 408-17, quoting George Wheeler, Pierpont Morgan and Friends: The Anatomy of a Myth (Englewood Cliffs, New Jersey: Prentice Hall, 1973).

11.David Rivera, Final Warning (1997), republished at silverbearcafe.com.

12.Leon Kilkenny, “Rome, Rockefeller, the U.S., and Standard Oil,” reformation.org/rockefeller.html (April 5, 2003).

13.Dr. Peter Lindemann, “Where in the World Is All the Free Energy?” Nexus Magazine (vol. 8, no. 4), June-

July 2001.

14. Quoted in Marc Seifer, “Confessions of a Tesla Nerd,” netsense.net/tesla/ article2.html (Feb. 1, 1997).

Chapter 13

1.Frank Vanderlip, From Farm Boy to Financier, quoted in “The Great U.$. Fraud,” iresist.com (August 8, 2002).

2.“The Roadshow of Deception,” World Newsstand, wealth4freedom.com (1999).

3.“Who Was Philander Knox?”, worldnewsstand.net/history/ PhilanderKnox.htm. (1999).

4.Patrick Carmack, Bill Still, The Money Masters: How International Bankers Gained Control of America (video, 1998), text at http:// users.cyberone.com.au/myers/ money-masters.html.

5.Jon Christian Ryter, “When the Invisible Power Chooses to be Seen,” NewsWithViews.com (August 16, 2006); Murray Rothbard, Wall Street, Banks, and American Foreign Policy (Center for Libertarian Studies, 1995); G. Edward Griffin, The Creature from Jekyll Island (Westlake Village, California: American Media, 1998), pages 239-40.

6.G. E. Griffin, op. cit., pages 465-68.

7.E. Germain, “Truth in History — World War I,” Southern Heritage, johnnyreb 22553.tripod.com/ southernheritage/id45.html; O. Skinner, “Who Worded the 16th Amendment?”, The Best Kept Secret, ottoskinner.com.(2002).

8.Congressman McFadden on the Federal Reserve Corporation, Remarks in Congress, 1934 (Boston: Forum Publishing Co.), including excerpts from Congressional Record 1932, pages 12595-96.

9.See Lewis v. United States, 680 F.2d

497

Endnotes

1239 (1982), in which a federal circuit court so held.

10.Sam Natapoff, “Rogue Whale,” The American Prospect, vol. 15, issue 3 (March 1, 2004).

11.Stephen Zarlenga, The Lost Science of Money (Valatie, New York: American Monetary Institute, 2002), page 536; G. E. Griffin, op. cit., page 423.

12.Edward Flaherty, “Myth #5: The Federal Reserve Is Owned and Controlled by Foreigners,” geocities.com/CapitolHill/Senate/ 3616/flaherty5.html.

13.Hans Schicht, “Financial Spider Webbing,” gold-eagle.com (February 27, 2004).

14.Ibid.; Hans Schicht, “From a Different Perspective,” gold-eagle.com (July 7, 2003); Hans Schicht, “The Merchants of Debt,” gold-eagle.com (July 25, 2001).

15.See Eric Samuelson, J.D., “The U.S. Council on Foreign Relations,” sweetliberty.org (2001).

16.Jim Cornwell, “The New World Order,” chapter 7, The Alpha and the Omega (1995), mazzaroth.com.

17.Pepe Escobar, “The Masters of the Universe,” Asia Times (May 22, 2003).

18.Congressional Record, Second Session, Sixty-Fourth Congress, Volume LIV, page 2947, “Remarks,” Oscar Callaway (February 9, 1917).

19.Norman Solomon, “Break up Microsoft? . . . Then How About the Media ‘Big Six?,’” The Free Press (April 27, 2000).

20.John Taylor Gatto, The Underground History of American Education (Oxford, New York: Oxford Village Press, 2000-2001).

21.Joe Lockard, et al., “Bad Subjects Interviews Howard Zinn,” Bad

Subjects: Political Education for Everyday Life , http://eserver.org/ editors/2001-1-31.html (January 31, 2001).

22. “Who Was Philander Knox?”, op. cit.

Chapter 14

1.“A Fairy Tale of Taxation,” American Patriot Network, civil-liberties.com/ pages/taxationtale.htm (June 24, 2000); see Kevin Bonsor, “How Income Taxes Work: Establishing a Federal Income Tax,” http:// money.howstuffworks.com/incometax1.htm.

2.Citizens for Tax Justice, “Less Than Zero: Enron’s Income Tax Payments, 1996-2000,” ctj.org (January 17, 2002).

3.“Origins of the Income Tax,” fairtax.org; Sen. Richard Lugar, “My Plan to End the Income Tax,” remarks delivered April 5, 1995, CATO Money Report, cato.org.

4.Brushaber v. Union Pacific Railroad, 240 U.S. 1, 7 (1916).

5.“A Fairy Tale of Taxation,” op. cit.

6.Ibid.

7.Congressman John Linder, “Become a Voluntary Taxpayer,” Americans for Fair Taxation, fairtaxvolunteer.org (June 2, 2001).

8.Bill Benson, “The Law That Never Was – The Fraud of Income and Social Security Tax,” thelawthatneverwas.com; Bill Branscum, “Marvin D. Miller’s ‘Reliance’ on Benson (1989),” fraudsandscams.com (2003).

9.“Who Was Philander Knox?”, worldnewsstand.net/history/ PhilanderKnox.htm. (1999).

10.National Debt Awareness Center, “Federal Budget Spending and the National Debt,” federalbudget.com (October 20, 2005); Joint Statement . . .

on Budget Results for Fiscal Year

498

Web of Debt

2005,” treas.gov (October 14, 2005).

11. President’s Private Sector Survey on Cost Control: A Report to the President (vol. 1), approved by the Executive Committee at its meeting on January 15, 1984; reprinted at uhuh.com/taxstuff/gracecom.htm.

Chapter 15

1.Stanley Schultz, “Crashing Hopes: The Great Depression,” American History 102: Civil War to the Present (University of Wisconsin 1999), http://us.history.wisc.edu/hist102/ lectures/lecture18.html.

2.Albert Burns, “Born Under a Bad Sign: The Roots of the ‘Great Depression,’” sianews.com (October 14, 2003).

3.Lester Chandler, Benjamin Strong, Central Banker (Washington: Brookings, 1958), quoted in Stephen Zarlenga, The Lost Science of Money (Valatie, New York: American Monetary Institute, 2002), page 541.

4.Carroll Quigley, Tragedy and Hope: A History of the World in our Time (New York: Macmillan Company, 1966), page 326, quoted in G. Edward Griffin, The Creature from Jekyll Island (Westlake Village, California: American Media, 1998), page 424.

5.G. E. Griffin, op. cit., pages 423-26, 502-03.

6.S. Zarlenga, op. cit., pages 546-48.

7.G. E. Griffin, op. cit., pages 49-50.

8.“On the Side of Golden Angels,” gold-eagle.com (September 8, 1977).

9.Congressman McFadden on the Federal Reserve Corporation, Remarks in Congress, 1934 (Boston: Forum Publishing Co.), including excerpts from Congressional Record 1932, pages 12595-96.

10.Quoted in The Federal Observer 4:172 (June 21, 2004), federalobserver.org. See “The Bankers’ Manifesto and Sustainable Development,” afn.org/~govern/ safe.html (June 9, 1998).

11.“Profile of the Farmer-Labor Party,” Buttons and Ballots (July 1997), reprinted at msys.net.

12.“Massillon’s J.S. Coxey Led First March on D.C.,” The Enquirer (Cincinnati), April 16, 2003; “Jacob Coxey,” spartacus.schoolnet.co.uk.

13.Lucy Barber, Marching on Washington: The Forging of an American Political Tradition (University of California Press, 2004); “Jacob Coxey,” spartacus.schoolnet.co.uk.

14.Russ John, “Monte Ne,”Arkansas Travelogue (February 1, 2002).

Chapter 16

1.Lyndon LaRouche, “Economics: The End of a Delusion (Leesburg, Virginia, April 2002).

2.Charles Walters, “Parity and Profits,” Wise Traditions in Food, Farming and the Healing Arts (Spring 2001), westonaprice.org; Marcia Baker, Christine Craig, “From Food Shocks to Famine,” Executive Intelligence Review (June 7, 2007).

3.Stephen Zarlenga, The Lost Science of Money (Valatie, New York: American Monetary Institute, 2002), page 554.

4.G. Edward Griffin, The Creature from Jekyll Island (Westlake Village, California: American Media, 1998), page 142, citing Murray Rothbard, What Has Government Done to Our Money? (Larkspur, Colorado: Pine Tree Press, 1964), page 13.

499

Endnotes

5.“John Maynard Keynes,” Time (March 29,1999); Steve Kangas, “A Brief Review of Keynesian Theory,” Liberalism Resurgent, http:// home.att.net/~Resurgence/L- chikeynes.htm.

6.Henry C. K. Liu, “Banking Bunkum, Part 1: Monetary Theology,” Asia Times (November 6, 2002), citing John Maynard Keynes, General Theory (1936).

7.“Roosevelt, the Deficit and the New Deal,” Land and Freedom (resources for high school teachers), landandfreedom.org; Jim Powell “How FDR’s New Deal Harmed Millions of Poor People,” The Cato Institute, cato.org (December 29, 2003).

8.Federal Reserve Statistical Release (October 23, 2003), federalreserve. gov/releases/H6/hist/h6hist1.txt; Jonathan Nicholson, “U.S. National Debt Tops $7 Trillion for First Time,” Reuters (February 18, 2004).

9.Cliff Potts, “The American Dollar,” USAFWZ (radio), geocities.com/ usafwz/dollar.html (November 1, 2003).

10.Robert Hemphill, “Sound Money” (March 17, 1934), quoted by Louis McFadden in “A Call for Impeachment” presented to Congress May 23, 1933, quoted in James Montgomery, A Country Defeated in Victory, Part III,” biblebelievers.org.au.

11.Quoted in J. Montgomery, ibid.

12.S. Zarlenga, op. cit., pages 560-61.

13.Ed Steer, “Who Owns the Federal Reserve?”, financialsense.com (October 14, 2004).

14.Dr. Edwin Vieira, “A New Gold Seizure: Possibility or Paranoia?”, newswithviews.com (March 2, 2006).

15.Bill O’Rahilly, “Goodbye, Yellow Brick Road,” Financial Times (August 5, 2003).

16.Congressman McFadden on the Federal Reserve Corporation, Remarks in Congress, 1934 (Boston: Forum Publishing Co.), including excerpts from Congressional Record 1932, pages 12595-96.

17.Jackson Lears, “A History of the World According to Wall Street: The Magicians of Money,” New Republic Online (June 20, 2005).

18.Smedley Butler, War Is a Racket (Los Angeles: Feral House, 1939, 2003); The History Channel, “America’s Hidden History: The Plot to Overthrow FDR,” informationclearinghouse.info; Lonnie Wolfe, “The Morgan-British Fascist Coup Against FDR,” American Almanac (February 1999).

19.S. Zarlenga, op. cit., page 561.

20.R. Edmondson, “Attacks on McFadden’s Life Reported,” Pelley’s Weekly (October 14, 1936).

Chapter 17

1.Book review of Wright Patman: Populism, Liberalism, and the American Dream by Nancy Young (Southern Methodist University Press, 2000) in Journal of American History 90:1, historycooperative.org.

2.Ibid.

3.Quoted in Archibald Roberts, The Most Secret Science (Fort Collins, Colorado: Betsy Ross Press, 1984).

4.Edward Flaherty, “Myth #7: The Federal Reserve Charges Interest on the Currency We Use,” geocities.com/CapitolHill/Senate/ 3616/flaherty7.html.

5.Wright Patman, A Primer on Money (Government Printing Office, prepared for the Sub-committee on Domestic Finance, House of Representatives, Committee on Banking and Currency, 88th Congress, 2nd session, 1964), chapter 3.

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Web of Debt

6.Jerry Voorhis, The Strange Case of Richard Milhous Nixon (New York: S. Erikson Inc., 1972).

7.Peter White, “The Power of Money,” National Geographic (January 1993), pages 83-86.

8.J. Voorhis, op. cit.

9.E. Flaherty, op. cit.

10.Murray Rothbard, The Case Against the Fed (1994). See also Chapter 2.

11.“United States Debt,” Wikipedia.

12.G. Edward Griffin, The Creature from Jekyll Island (Westlake Village, California: American Media, 1998), pages 192-93.

13.Federal Reserve Bank of New York, “Reserve Requirements,” ny.frb.org/ aboutthefed/fedpoint/fed45.html (June 2004).

14.“Savings Account,” Wikipedia. 15.E. Flaherty, op. cit.

16.Board of Governors of the Federal Reserve System, Annual Report; see

E. Flaherty, op. cit.

17.The Federal Banking Agency Audit Act of 1978.

18.Wright Patman, “Money Facts,” Supplement to a Primer on Money (88th Congress, 2nd Session 1964); Stephen Zarlenga, The Lost Science of Money (Valatie, New York: American Monetary Institute, 2002), page 673.

Chapter 18

1.Chicago Federal Reserve, Modern Money Mechanics (1963), originally produced and distributed free by the Public Information Center of the Federal Reserve Bank of Chicago, Chicago, Illinois, now available on the Internet at http://landru.i-link- 2.net/monques/mmm2.html.

2.William Hummel, “The Myth of the Money Multiplier,” in Money: What

It Is, How It Works, http:// wfhummel.net (March 17, 2004).

3.W. Hummel, “Bank Lending and Reserves,” ibid. (June 23, 2004).

4.Murray Rothbard, “Fractional Reserve Banking,” The Freeman (October 1995), reprinted on lewrockwell.com.

5.Carmen Pirritano, “Money & Myths” (May 1993), http://69.69.245.68/ money/debate06.htm.

6.Kevin LaRoche, “Investment Banks and Commercial Banks Are Analogous to Oil and Water: They Just Do Not Mix,” Boston University, bu.edu/econ/faculty.

7.Kate Kelly, “How Goldman Won Big on Mortgage Meltdown,” Wall Street Journal (December 14, 2007).

8.Emily Thornton, “Inside Wall Street’s Culture of Risk: Investment Banks Are Placing Bigger Bets than Ever and Beating the Odds – at Least for Now,” BusinessWeek.com (June12, 2006).

9.Sean Corrigan, “Speculation in the Late Empire,” LewRockwell.com (January 14, 2006).

10.Barry’s Bulls Newsletter, “Those Bond Bums,” Barron’s Online (June 30, 2006).

Chapter 19

1.Richard Geist, “New Short Selling Regulations,” Bull & Bear Financial Report (March 4, 2004).

2.David Knight, “Short Selling = Counterfeiting?”, www.marketocracy.com (2005).

3.Bob Drummond, “Corporate Voting Charade,” Bloomberg Markets (April 2006).

4.Daniel Kadlec, “Watch Out, They Bite! How Hedge Funds Tied to Embattled Broker Refco Used ‘Naked Short Selling’ to Plunder Small Companies,” Time (November 6, 2005).

501

Endnotes

5.Judith Burns, “SEC Proposes Barring Restrictions on Stock Transfers,” Dow Jones Newswires (May 26, 2004).

6.“Short Selling,” Wikipedia (August 31, 2006).

7.In Karl Thiel, “The Naked Truth on Illegal Shorting,” The Motley Fool, fool.com (March 24, 2005).

8.Securities and Exchange Commssion, 17 CFR parts 240 and 242, July 3, 2007; sec.gov/rules/final/2007/3455970.pdf.

9.“Stockgate: DTCC Sued Again,” Investors Business Daily, investors.com (July 28, 2004).

10.Mark Faulk, “Faulking Truth Recommends Abolishing the SEC,” faulkingtruth.com (April 27, 2006).

11.Patrick Byrne, “The Darkside of the Looking Glass: The Corruption of Our Capital Markets,” businessjive.com/nss/darkside.html (2004-05).

12.Warren Buffett, “Avoiding a ‘Megacatastrophe’: Derivatives Are Financial Weapons of Mass Destruction,” Fortune (March 3, 2003).

Chapter 20

1.Bob Chapman, “The Derivatives Mess,” International Forecaster (November 11, 1998), reprinted in usagold.com (November 2005) (editor’s note).

2.Robert Milroy, Standard & Poor’s Guide to Offshore Investment Funds 28 (2000); David Chapman, “Derivatives Disaster, Hedge Fund Monsters?”, gold-eagle.com (November 11, 2005).

3.Richard Freeman, “London’s Cayman Islands: The Empire of the Hedge Funds,” Executive Intelligence Review (March 9, 2007).

4.Christopher White, “How to Bring the Cancerous Derivatives Market Under Control,” American Almanac (September 6, 1993); R. Colt Bagley III, “Update: Record Derivatives Growth Ups System Risk,” moneyfiles.org/specialgata04.html (July 29,2004), reprinted from LeMetropoleCafe.

5.See Gary Novak, “Derivatives Creating Global Economic Collapse,” http://nov55.com/ economy.html (June 30, 2006).

6.Interview of John Hoefle, “Hedge Fund Rescue, and What to Do with the Blow Out of the Bubble?,” EIR Talks (October 2, 1998).

7.Martin Weiss, Global Vesuvius: $285 Trillion in Very High-risk Debts and Bets!,” Safe Money Report (November 2006); Hamish Risk, “Derivative Trades Jump 27% to Record $681 Trillion,” bloomberg.com (December 10, 2007).

8.Thomas Kostigen, “Sophisticated Investor: Derivative Danger,” MarketWatch (September 26, 2006). See also Ari Weinberg, “The Great Derivatives Smackdown,” forbes.com (May 9, 2003); Michael Edward, “Cooking the Books Part II – US $71 Trillion Casino Banks,” rense.com (March 27, 2004).

9.G. Novak, op. cit.

10.Christopher White, Testimony Submitted on April 13, 1994 to the House Committee on Banking, Finance and Urban Affairs, “The Monetary System Is Collapsing,” The New Federalist (May 30, 1994).

11.M. Weiss, op. cit.

12.C. White, op. cit.

13.IMF Research Department Staff, “Capital Flow Sustainability and Speculative Currency Attacks,” worldbank.org (November 12, 1997).

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14.“A Hitchhiker’s Guide to Hedge Funds,” The Economist (June 13, 1998).

15.George Soros, The Crisis of Global Capitalism, excerpted in Newsweek International (February 1, 1999).

16.“Credit Derivatives Led by Too Few Banks, Fitch Says,” Bloomberg.com (November 18, 2005).

17.John Hoefle, “EIR Testimony Scored Scorched-Earth Looters,” Executive Intelligence Review (May 27, 2005).

18.Michael Rowbotham, “How to Cancel Third World Debt,” in Goodbye America! Globalisation, Debt and the Dollar Empire (Charlbury, England: Jon Carpenter Publishing, 2000). See also G. Edward Griffin, The Creature from Jekyll Island (Westlake Village, California: American Media, 1998), page 27.

19.See Chapter 31.

20.Sean Corrigan, “Speculation in the Late Empire,” LewRockwell.com (January 14, 2006).

21.Quoted in “History of Money,” www.xat.org.

22.See Introduction.

Chapter 21

1.Donald Gibson, Battling Wall Street: The Kennedy Presidency (New York: Sheridan Square Press, 1994), pages 41 and 79, and chapter 6.

2.Compare Melvin Sickler, “Abraham Lincoln and John F. Kennedy: Two Great Presidents Assassinated for the Cause of Justice,” prolognet.qc.ca/ clyde/pres.htm; and G. Edward Griffin, “Updates to Creature: The JFK Myth,” realityzone.com/ creatup.html (2000).

3.“What Is the History of Gold and Silver Use?,” jaredstory.com; Kelley Ross, “Six Kinds of United States

Paper Currency,” friesian.com/ notes.htm#us (1997).

4.See, e.g., “JFK Assassination,” geocities.com/ northstarzone.JFK.html; M. Sickler, op. cit.

5.David Ruppe, “Book: U.S. Military Drafted Plans to Terrorize U.S. Cities to Provoke War With Cuba,” ABC News (November 7, 2001), abcnews.com, reviewing Friendly Fire by James Bramford; see also “JFK Assassination,”op. cit.

6.William Engdahl, “A New American Century? Iraq and the Hidden Eurodollar Wars,” Current Concerns (November 1, 2003).

7.Henry C K Liu, “The Wages of NeoLiberalism, Part 1: Core Contradictions,” Asia Times (March 22, 2006); Stephen Zarlenga, The Lost Science of Money (Valatie, New York: American Monetary Institute, 2002), chapter 22.

8.Hans Schicht, “Financial Spider Webbing,” gold-eagle.com (February 25, 2004).

9.Joan Veon, “Does the Global Economy Need a Global Currency?”, NewsWithViews.com (August 16, 2003); William Engdahl, A Century of War (New York: Paul & Co., 1993); Antal Fekete, “Where Friedman Went Wrong,” lemetropolecafe.com (December 1, 2006).

10.Antal Fekete, “Dollar, My Foot,” Asia Times (May 28, 2005).

11.J. Veon, op. cit.

12.M. Rowbotham, op. cit., pages 77-84; Bernard Lietaer, “The Terra TRC White Paper,” terratrc.org.

13.John Perkins, Confessions of an Economic Hit Man, (San Francisco: Berrett-Koehler Publishers, Inc., 2004), page 91; W. Engdahl, A Century of War, op. cit., pages 13539.

503

Endnotes

14.Michael Rowbothan, Goodbye America! Globalisation, Debt and the Dollar Empire (Charlbury, England: Jon Carpenter Publishing, 2000), pages 79-80.

15.Bernard Lietaer, The Future of Money: Creating New Wealth, Work, and a Wiser World (Century, 2001).

16.Robert Schenk, “Fixed Exchange Rates,” Cyber-Economics, ingrimayne.com (April 2006).

17.Henry C. K. Liu, “China, Part 2: Tequila Trap Beckons China,” Asia Times (November 6, 2004).

18.G. Edward Griffin, The Creature from Jekyll Island (Westlake Village, California: American Media, 1998), page 107; Michael Rowbotham, “How Third World Debt Is Created and How It Can Be Cancelled,” Sovereignty (May 2002), sovereignty.org.uk.

19.Vincent Ferraro, et al., “Global Debt and Third World Development,” in Michael Klare et al., eds., World Security: Challenges for a New Century (New York: St. Martin’s Press, 1994), pages 332-35.

20.William Engdahl, “Why Iran’s Oil Bourse Can’t Break the Buck,” Energy Bulletin (March 12, 2006).

21.John Mueller, “Reserve Currency Problems Need Golden Solutions,” Financial Times (August 20, 2004); Chris Gaffney, “Waiting on the Numbers,” Daily Reckoning (August 11, 2006).

Chapter 22

1.William Engdahl, A Century of War Insurance Corporation, History of the 80s, Volume I, Chapter 5, “The LDC Crisis,” fdic.gov (2000).

2.W. L. Hoskins, et al., “Mexico: Policy Failure, Moral Hazard, and Market Solutions,” Cato Policy Analysis, cato.org (October 10, 1995); “Mexican

Populism: 1970 to 1982,” http// :daphne.palomar.edu (1996).

3.Henry C. K. Liu, “China, Part 2: Tequila Trap Beckons China,” Asia Times (November 6, 2004).

4.W. Engdahl, op. cit.

5.Jane Ingraham, “A Fistful of . . .

Pesos?”, New American (February 20, 1995).

6.H. C. K. Liu, op. cit.

7.Achin Vanaik, “Cancel Third World Debt,” The Hindu, hindu.com. (August 18, 2001).

8.J. N. Tlaga, “Euro and Gold Price Manipulation,” gold-eagle.com (December 22, 2000).

9.Eqbal Ahmad, “The Reconquest of Mexico,” tni.org (March 1995).

10.Bill Murphy, “Blueprint for a GATA Victory,” gata.org (August 6, 2000).

11.J. Ingraham, op. cit.

12.Joseph Stiglitz, “The Broken Promise of NAFTA,” New York Times (January 6, 2004).

13.David Peterson, “Militant Capitalism,” ZMagazine (February 1996).

14.Christopher Whalen, “Robert Rubin’s Shell Game,” eco.utexas.edu (October 10, 1995); Jim Callis, “What NAFTA Has Brought to Mexicans,” cooperativeindividualism.org (March 1998).

15.H.C. K. Liu, op. cit.

16.Michel Chossudovsky, “The Curse of Economic Globalization,” Monetary Reform On-line (fall/winter 1998-99).

Chapter 23

1.Rachel Douglas, et al., “The Fight to Bring the American System to 19th Century Russia,” Executive Intelligence Review (January 1992).

2.Anton Chaitkin, “The ‘American System’ in Russia, China, Germany

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Web of Debt

and Japan: How Henry Carey and the American Nationalists Built the Modern World,” American Almanac (May 1997).

3.G. Edward Griffin, The Creature from Jekyll Island (Westlake Village, California: American Media, 1998), chapter 13.

4.Rachel Douglas, et al., “The Fight to Bring the American System to 19th Century Russia,” Executive Intelligence Review (January 3, 1992).

5.“History: Bank of Russia,” www.cbr.ru (2005).

6.G. E. Griffin, op. cit., chapter 13; Robert Wilton, Russia’s Agony (1918) and the Last Days of the Romanovs (1920).

7.G. E. Griffin, op. cit., pages 287-88.

8.“History: Bank of Russia,” op. cit.

9.G. E. Griffin, op. cit., pages 292-93.

10.Srdja Trifkovic, “Neoconservatism, Where Trotsky Meets Stalin and Hitler,” Chronicles (July 23, 2003); Martin Kelly, “NeoCons and the Blue Bolsheviks,” Washington Dispatch (September 24, 2004); “Alex Jones Interviews Jude Wanniski,” prisonplanet.tv (February 2, 2005).

11.S. Trifkovic, op. cit.

12.“History: Bank of Russia,” op. cit.

13.“Alex Jones Interviews Jude Wanniski,” prisonplanet.tv (February 2, 2005).

14.Wayne Ellwood, “The Great Privatization Grab,” New Internationalist Magazine (April 2003).

15.Mark Weisbrot, “Testimony Before the House of Representatives Committee on Banking and Financial Services on the International Monetary Fund and Its Operations in Russia,” http:// financialservices.house.gov/ banking/91098ppp.htm (September 10, 1998).

Chapter 24

1.John Weitz, Hitler’s Banker (Great Britain: Warner Books, 1999).

2.Stephen Zarlenga, The Lost Science of Money (Valatie, New York: American Monetary Institute, 2002), pages 590-600.

3.Matt Koehl, “The Good Society?”, rense.com (January 13, 2005).

4.S. Zarlenga, op. cit., page 590.

5.Ibid., pages 591, 595-96.

6.Henry Makow, “Hitler Did Not Want War,” savethemales.com (March 21, 2004).

7.Henry C. K. Liu, “Nazism and the German Economic Miracle,” Asia Times (May 24, 2005).

8.Stephen Zarlenga, “Germany’s 1923 Hyperinflation: A ‘Private’ Affair,” Barnes Review (July-August 1999); David Kidd, “How Money Is Created in Australia,” http:// dkd.net/davekidd/politics/ money.html (2001).

9.S. Zarlenga, “Germany’s 1923 Hyperinflation,” op. cit.

Chapter 25

1.William Engdahl, A Century of War (New York: Paul & Co., 1993), page 235.

2.Professor Thayer Watkins, San Jose State University Economics Department, “What Happens When a Paper Currency Fails?”, www.2.sjsu.edu.

3.W. Engdahl, op. cit., pages 239-41.

4.Ibid., page 236.

5.Albero Benegas Lynch, “The Argentine Inflation,” libertyhaven.com (1972).

6.Carlos Escud , “From Captive to Failed State: Argentina Under Systemic Populism, 1975-2006,” The Fletcher Forum of World Affairs (Tufts University, Summer 2006).

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