Analysis of News—www.analysis-news.com
Of Interest to Investors, Survivalists and Others Concerned About
Their Economic and Financial Futures
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With a focus on the Plutocrats, Goldsmiths, Super-Rich Insiders, and
their Allies
and what they are
conspiratorially doing to manipulate the financial markets,
make more profits, rip us off and install a world government under their
control
Bush and the
Farmers
By R. D.
Bradshaw
Most of the American farmers tend to be a little conservative
in their views and values. Consequently,
it was only natural that the majority of them voted for George W. Bush in 2000
and again in 2004 (although the Bush family was not and never had been true
conservative people at all. They are all
smoke and mirrors).
Without a doubt, it must be concluded that the typical American
farmer believed in Bush and thought that he would work for them in the White House. But is that what happened after George Bush
Junior was installed as US President? My
answer here is an emphatic NO!
The Food Aid
Scandal
The historic manipulation of the grain prices to screw the
farmers and investors (as discussed at length in the Goldsmiths series in the
Archives—Goldsmiths at this website) brings up a case involving the government
which happened in April 2008. The reader
may remember this case.
In early April 2008, there was a report that President Bush
had signed an authorization to send $200 million in food aid from the Bill
Emerson Humanitarian Trust (which the US president administers) to feed the
starving multitudes in Africa and SE Asia.
From an April 16 report (at AGweb.com’s AGDay), the Emerson Trust had $117
million in cash and 33 million bushels of wheat on hand.
On the surface, this report should have been a bonanza for
wheat framers; yet it was not. Per the
April 16 report, it was not clear what the split would be between wheat and
money from the trust fund going to the Third World.
But another report from AGWeb.com on Apr 18 (“Tapping Wheat
Reserves” in “Your Spot for Futures Trading, Commodities Info, Ag News, etc”)
clarified the real world of manipulating the US wheat market. This one said that $200 million worth of
Emerson’s wheat would be sold (obviously on the open US market) and the
proceeds would be sent in cash to the starving multitudes—via the US Agency for
International Development (obviously, the dictators in these third world countries
will be happy to receive the money where they can steal most of it and sock it
away in secret Swiss bank accounts).
The tragedy about this whole scenario is that the Emerson
Trust was designed to help both starving people in the Third World and US farmers.
As Bush manipulated it, it helps Third
World dictators and hurts the US farmers and taxpayers. Of course, many social liberals could jump up
and down and applaud Bush as a great humanitarian.
But the truth was that Bush and his plutocratic bosses
neither cared one whit about the starving Third World or the people of the
US. The whole name of the game was to
crash the US grain market and screw US farmers (which is precisely what they
did).
On April 19, Yahoo.com news had a follow-up story on “US
Sees Food Aid on Track Despite High Costs” which noted that Congress was
debating changes to US aid policies (possibly in general without reference to
the Emerson Humanitarian Trust which the US president seems to already have
authority to administer) and that Bush wanted the bill to allow the developing
world to use the US food aid to purchase food without using US crops. Per the story, this would save shipping costs
and get the food aid faster to the developing world (as if this is believable
by US farmers and investors).
In another words, in the plan on food aid packages to the
Third World, the US will send them food aid money so that they allegedly can
use the money to buy food from other sources than US farmers. Possibly this was the pretext that GWB used
when he sold the Emerson Trust wheat in April on the market in order to send
money to the starving Third World.
On learning how the government and market manipulators
worked in collusion to crash the wheat market in the spring (and literally screw
the US farmers), I called a couple of reporters in the AG markets. One with Agriculture.com was rude and nasty
for me to waste his time on the matter.
The second one was a nice guy (with Capital Press Ag News of
Salem, OR) who said that this was done before in an earlier release and sale
because the nations involved didn’t want the US grain; what they wanted was the
money (but even this nice guy reporter apparently didn’t report the story or do
anything about it).
These reporters I contacted are people who make their
livings reporting news to the farmers.
Yet, they thought so little of their clients that they seemingly never
even bothered to report the story.
So now, if you wonder how the plutocrats started the break
in the wheat market in March-May 2008, they did so by having the government
sell the Emerson trust fund wheat on the open market to drive the price
down. Do you actually think that ABC
NBC, CBS or CNN would run a story like this?
I never even saw anything in Drudge or Bloomberg on it.
The US farmers should have been really mad over the way Bush
and the fat cat plutocrats screwed them.
Yet, most never even knew about it--or could have cared less one way or
the other, if they did know about it.
This is one of the problems that the Gold Anti-Trust Action
Agency (GATA) and newsletters like this one faces in exposing the financial
market manipulations. This is hard for
some to fully appreciate.
But the truth is that there is much apathy, indifference and
don’t care in modern America. The few
sources trying to educate and inform the don’t care public face a losing
battle. That’s why I continuously say
that nothing will change unless and until the plutocrats lose control/or and
there is a collapse or WWIII. Only then
will people wake up and demonstrate some care and concern. But it will be too late.
So the manipulators started crashing the $13-15 dollar wheat
in the spring of 2008. Then the floods
came in June-July. With media help, the
manipulators’ allied media hyped the floods up in a balloon, in order to sell
more options and futures to ignorant investors.
Then, in August, they used their controlled media to flood
the news ways with stories about one of the biggest grain harvests of all time
(one media source said that the world was now awash in wheat). Their outstanding options closed with them
making a big profit. And in a few days,
the September contract closed with them making even more money.
As noted in the Goldsmiths series, this writer takes the position
that while most Americans are not stupid they are largely ignorant about how
the plutocratic market manipulators rip them off and cheat them. This thing on wheat is a perfect illustration
of this reality. Then too, someone might
make an argument that some of the people who should know what’s going on are
actually persons with a single-digit IQ or persons filled with great apathy and
don’t care.
The Official
Market Manipulations
Back in the 1930s, the Fed/Treasury created something called
the “Exchange Stabilization” fund or system to use a vast sum of Federal
Reserve Notes to influence, control and participate in the currency markets
(this thing was approved by Congress, though it is clearly an unconstitutional
action).
Hence, the Fed/Treasury can enter the different currency
markets around the world to control the value of various foreign
currencies. Thus, they can make the
Mexican peso (or any other foreign currency) go up or down (and especially, in collusion
with other privately owned central banks--like the Bank of England, the Bank of
Japan, the ECB, the Swiss National Bank, etc).
The last item that the Fed/Treasury can do (or rather is
doing since it is being done in secret and evidently illegally) is to rig and
control the US financial markets by entering the markets with unlimited
supplies of dollars to make selected items go up or down. Though gullible and uninformed US stock and
commodity market investors believe that the markets are free and market
responsive, they are not. They are
manipulated and controlled.
The Fed and the Treasury collaborated on this madness and
created something in 1988 with the approval of Ronald Reagan (per executive
order 12631 on Mar 18, 1988) called the “Working Group on Financial Stability”
(popularly known as the Market Control Unit or the Plunge Protection
Team). This unit operates in collusion
with the market-makers (the stock and commodity brokers making the markets on
the major stock exchanges) to buy or sell certain stocks, bonds, currencies
and/or commodities at certain times.
Newspaper reports on at least one occasion in the spring of
2008 mentioned that Bush had met privately with the Working Group on Financial
Stability. While the media did not and
would not dare state what the Bush, Treasury and Fed team discussed at this
meeting or any of the others that they may have held, we can be sure that it involved
financial market manipulations. Yet,
Bush would continuously proclaim to the media and gullible American people that
he believed in free markets. What a joke
that Bush charge was.
George W. Bush was accused of not being very swift. So he may not have fully grasped what the
plunge protection team was doing when Bush met with them and/or when they did
enter the US financial markets on more than one occasion to manipulate and
control them to the satisfaction of the plutocrats running the US
government. But regardless of whether
Bush understood or not, the fact remains that he was president and had to
accept responsibility for the actions of at least the Treasury if not the
entire plunge protection team.
The Strong US
Dollar in 2008
In the Goldsmith series, I mentioned in the summer of 2008
that the plutocrats were planning a sharp uptick in the US dollar, starting in
September 2008 and to last into 2009.
Whereas the US had been hitting lows of 71 on the dollar index, by
September the dollar was at 80. Soon, it
would even climb to 87. While many
financial market observers believed that the market events of 2008, including
the sharp dollar increase, was due to fundamentals, I and a few others took the
stance that it all was due to manipulations (as explained in the Goldsmiths,
Part X).
As I noted in the Goldsmiths series, the Treasury had plans
in process to issue trillions of US dollar bonds and notes in the various US
bailouts. They hoped to sell as many of
these US IOUs to foreign nations and foreigners. In order to prop up and motivate foreign
buyers to buy these IOUs of a bankrupt USA, the plunge protection team
(operating under the guidance of the super rich plutocrats) chose to pump the
largely worthless US dollar up to make the foreign buyers buy US bonds, notes
and IOUs (this is all explained in the Goldsmiths, Parts VI, X, XII, XVIII and
XX).
So while this pumped up dollar looked good to Bush and his
plunge protection team, it had a strange adverse impact on US farmers. Whereas in 2007 and early 2008, exports of US
grains and softs looked good with the weak US dollar, all of a sudden these
exports fell dramatically because of the strong US dollar in the fall and
winter of 2008. Quickly, the US Dept of
Agriculture projection of foreign sales of US food products turned down. Foreign buyers of US grains and softs found
that it was cheaper to buy these items from other countries with cheaper
currencies.
Of course, one of the prime targets for the manipulators was
the collapse of commodity prices; starting in the spring of 2008, intensifying
in the summer of 2008, and literally striking hard on September 1, 2008. American grains and softs produced by US
farmers took a hard hit, primarily starting on Sep 1st. As of early 2009, those prices have not
recovered.
What this amounts to is that the policies of the Bush
administration and its plunge protection people placed incredible damage on the
American farmers who largely voted for Bush in 2000 and 2004. If Bush and his team wanted to damage and
almost destroy American agriculture, they did so in 2008.
But the Power
Behind the Throne
Having mentioned the work of George Bush, the US Treasury
and the privately owned Federal Reserve Bank to damage/destroy US farmers, it must
be acknowledged that the actions of all of these people ultimately had to go
back to decisions made by the ruling plutocrats.
While few people can readily grasp it, but the US, Britain
and much of Europe are ruled from behind the scenes by fat-cat plutocrats who
really call the shots. So the argument
can be made that it is not fair to blame all of the farmers’ problems on
Bush.
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The above
article has been published by the Analysis of News to better inform people on
the activities of the plutocratic financial market manipulators and what they
are doing to deceive us and cheat us out of our last nickels and dimes whenever
we try to play on their field.
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