THE BABYLONIAN WOE Preface Analysis
by John C. Turmel, B. Eng. (Banking Systems Engineering)
- More complete text has been previously posted and only minimal text
with indented Commentary and preceded by JCT: is offered here
- Prerequisite http://turmelpress.com/info.htm
* Turmel analysis has indented paragraphs, Astle's text does not.
* R&R = Rothschilds and Rockefellers
(Inside Front cover)
A study of the Origin of Certain Banking Practices and of their
effect on the events of Ancient History written in the light of the
Present Day. David Astle
JCT: The true importance of this book is in detailing how a small
secret group of bankers operated a fractional reserve banking system
many thousands of years ago and how the use of such system could
enslave the whole world in unpayable debt as it does today.
In this scholarly work, David Astle has presented to the world a
history of the effects of monetary mechanics in very ancient times,
with emphasis on Ethno-psychology. It illustrates how, even in the
earliest times of which written record remains, the days of Babylonia
or before, a so-called monetary science undoubtedly existed; being
then, as in today, never more than as instrument by which its secret
and cynical controllers wittingly influenced the destinies of
individuals, nations, and empires as to (temporary) glory or final
disaster.
JCT: And the amazing part is that today's high-technology mankind
remains as duped as was the low-technology mankind of yesteryear.
I strongly recommend this important and well-documented work as a most
useful reference book; complementing any study of Economic or Monetary
history. It will be a great asset to learned societies, top
management, and self-teaching individuals in all parts of the world.
JCT: It is also quite unique in that it is the only Monetary
textbook which refers to interest-free banking systems. Though we have
today thousands of examples of interest-free LETS (Local Employment-
Trading System) and Timedollar or Hour currencies, this information
has been completely erased from all Economics curricula in general.
This does not seem to have been an accidental omission.
The bibliography is a MUST for any who seek to understand the
significance of monetary creation and emission in relation to human
destiny and ultimate fate.
JCT: With over 130 books in reference, it truly is an astounding
investigative work on a topic which has had virtually every reference
to it erased from our memories.
(Page ii)
"The intellectual faculties however are not of themselves sufficient
to produce external action; they require the aid of physical force,
THE DIRECTION AND COMBINATION OF WHICH ARE WHOLLY AT THE DISPOSAL OF
MONEY, THAT MIGHTY SPRING BY WHICH THE TOTAL FORCE OF HUMAN ENERGIES
IS SET IN MOTION." Augustus Boeckh; translated; The Public Economy of
Athens, p7; Book I, London, 1828
JCT: It is true that rarely is anything accomplished in today's
world unless the financing has been arranged. To those with the power
to approve or disapprove the financing is a power which Astle argues
should be in the hands of the rulers, not private bankers.
(Page v)
Alas! Our Gods are gone forever! So
Who then shall fight the Babylonian Woe.
JCT: Interestingly enough, the computer revolution will fight the
Babylonian Woe.
PREFACE
Page vii
"For money has been the ruin of many and has misled the minds of
Kings." Ecclesiasticus 8, verse 2.
JCT: The Bible contains many statements of great understanding of
monetary mechanics and will be often be referred by Astle and by
myself.
When I originally approached my study as best I might, dealing with
the growth in pre-antiquity and antiquity of what is known as the
International Money Power, and the particular derivative of the money
creative activities of such International Money Power that might be
defined as the Life Alternative Factor, I did so with some diffidence.
JCT: When I originally approached my study of money, I already
had an understanding of casino banking whose poker chips are a perfect
interest-free currency model to which I will refer on a constant
basis. Anyone who has difficulty in understanding how interest-free
banking works need only obtain a bank of poker chips and contemplate
how they work.
In almost all of such books of reference, except those that classified
themselves as economic or monetary histories, was practically no clear
approach to the subject of money and finance, or to those exchange
systems that must have existed in order that the so-called
civilizations might come to be. In the odd case where the translations
of the texts might reveal some key clue, no more special emphasis was
placed herein than might have been placed on the mention of a gold
cup, a ring, a seal, or some exquisite piece of stone work.
JCT: The situation is just as if future historians, upon studying
today's economy, found that there were no "economics" textbooks
explaining how banking worked. Considering how many such textbooks
there are, they would also find it quite mystifying. They might also
conclude, once the nature of the control on human activities inherent
in the banking system is understood, that such omission is not
accidental but has a wholly malevolent purpose.
Thus in almost all of the works of the great archaeologists and
scholars specializing in the ancient civilizations, there is a virtual
silence on that all important matter, the system of distribution of
food surpluses, and surpluses of all those items needed towards the
maintenance of a good and continuing life so far as were required by
climate and customs.
JCT: This law of surpluses must be emphasized in that it is with
respect to "abundance" that Christ defines both the usury banking
system and the Christian usury-free LETS banking system.
LETS: "Your abundance should at the present be a supply for their
want so that later, their abundance may be a supply for your want and
in that way, he who gathers much doesn't have too much and he who
gathers little doesn't have too little."
Usury: "To him who has abundance will more be given and from him
who has no abundance, even what he has will be taken away" and in that
way, he who gathers much gets even more and he who gathers little has
it taken away until he starves to death. As is done today.
That Astle has also identified the banking system in relation to
the allocation of surpluses as Christ identified it in relation to the
allocation of abundance is an indication that they were both on the
right track.
In all these writings of these great and practical scholars, the
workings of that mighty engine which injects the unit of exchange
amongst the peoples, and without which no civilization as we know it
can come to be, is only indicated by a profound silence.
JCT: It is true that no civilization can arise without a medium
of exchange to facilitate the specialization of labor. Without a
money, everyone has to do everything for themselves and the increment
of association by specialization cannot be earned.
Of the systems of exchanges, of the unit of exchange and its issue by
private individuals, as distinct from its issue as by the authority of
sovereign rule, on this all important matter governing in such
totality the conditions of progression into the future of these
peoples, not a word to speak of...
JCT: Imagine, absolutely nothing on the controlling system of
human activity for it is through money that all human endeavor is
guided. Because bankers allocate new credit to war industries instead
of productive industries is the main reason mankind has spent so much
time at war rather that at production. Man works for a paycheck and if
the only industries a banker will allocate credit to is a war
industry and not a productive one, then it can truly be said that
bankers steered those paychecks to warriors rather than producers.
Bankers and their control and allocation of credit can be held
responsible for the state of the world as it is and as it has always
been which is the prime reason Christ attacked the money-lenders in
the temple and Mohammed pledged war against the bankers from God and
his prophet.
While it is true that the average archaeologist, in being primarily
concerned with the results of the forces that gave rise to the human
accretions known as civilizations, has little enough time to meditate
on these forces themselves, especially since so little evidence exists
of what created them, or of how they provided guidance to men in
earlier days, the widespread character of these omission borders on
the mystifying.
JCT: It's not so mystifying once one understands how the control
of the allocation of credit controls all the endeavors of mankind. It
you were a banker, would you really want the world to realize that it
was your decision to refuse to fund food production with new money
during the Great Depression as it was your decision to fund arms
production with new money during World War Two? Once it is understood
how the control of allocation of credit rules mankind's endeavor, then
the blame for the direction of such endeavor can be laid at the
doorstep of those controllers and the hundreds of millions of deaths
from their decisions are a natural consequence of such understanding.
Virtual failure to speculate on those most important matters of all;
the structure of the machinery of the systems of exchanges which
undoubtedly had given rise to the ancient city civilizations, and the
true nature of the energy source by which such machinery was driven,
whether by injections of money as known this last three thousand years
or so, or by injections of an exchange media of which little
significant evidence or memory remains, is cause for concern.
JCT: It is quite amazing to think that the mechanics of a control
system that has been in operation for thousands of years can be so
misunderstood today. I often sit back and marvel that our high-
technology world can still be caught up in the throes of an
enslavement trick developed thousands of years in the past. It's
almost surreal how today's politicians can inflict death by poverty on
their populations without realizing the insanity of it all.
The truth of the lines as quoted herein from Boeckh's "Public Economy
of Athens" (page ii) is immediately clear to all and that the physical
force underlying all civilizations must have been the system whereby
surpluses were allocated to the people according to their place in the
pyramid of life and to their needs; thus, when being controlled by the
benevolent law of a dedicated ruler, maintaining at all times the true
and natural order of life.
JCT: It should also be just as clear that Christ's two laws
dealing with abundance relate to maintaining the true and natural
order of life versus the unnatural order of death inherent in the
mort-gage death-gamble usury banking system.
It must not be supposed,therefore, that there is a lack of
understanding of the importance of these matters; nor that there is
any special conspiracy of silence, even though there might indeed be
the temptation to arrive at such a conclusion.
(According to "Tragedy and Hope," the important and compendious work
of Dr. Carroll Quigley, an outstanding scholar of liberal outlook, (as
interpreted by the reviewer, W. Cleon Skousen), such conspiracy
certainly exists, and is vast in scope to say the least.)
JCT: I can't believe that the omission of all historical examples
of interest-free banking such as the Roman Aes Grave copper currency,
the English Tally wooden currency, the North American Indian Wampum
bead currency, Colonial "Continental" and Lincoln's "Greenback" paper
currencies has been accidental. Not only is the omission a great
indictment but the misrepresentation of the latter two systems is
indeed a great temptation to arrive at the conclusion that a special
conspiracy of not only silence but also misrepresentation exists.
Rather it were better to accept things as they appear, and assume that
these scholars merely present the fragments of fact as they unearth
them; leaving speculation of the true significance of such fragments
of fact in relation to the weft and warp of life, to those considered
to be particularly specialized in various fields represented. In the
case of money and finance, the scholars concerned would be classified
as economic or monetary historians.
JCT: Perhaps these scholars do have such an excuse but the fact
that even the Bible has been altered to dilute its anti-interest
messages is an even greater indictment of a conscious conspiracy to
enslave humankind with exponential debt.
Thus little enough seems to be available on the subject of money and
finance in ancient days. Nor seems to exist examination of the
significance of such money and finance relative to the progress about
which so much has been written in modern times.
JCT: And even Economics textbooks of modern times which examine
the significance of money and finance relative to progress have their
facts wrong, though considering discussions on sci.econ, there is a
good chance such authors can be counted among those fooled rather than
among those doing the fooling.
Apart from Alexander Del Mar who wrote in relatively recent days, and
apart from that of the philosophers of antiquity such as Plato,
Aristotle, Socrates, Zeno, etc, almost no speculation seems to be
available from scholarly sources in regards to the unprejudiced
PHILOSOPHY of money, in ancient times.
JCT: With almost no correct speculation in regards to the
unprejudiced philosophy of money in recent times.
On the all important subject of the consequences of the creation and
issuance of money by private persons as opposed to its creation and
issuance according to the will of a benevolent, instructed and
dedicated ruler, almost no speculation seems to exist in ancient or in
modern times.
JCT: The fact that Wampum and LETSystems allow for the creation
of money by private persons as opposed to the issuance by governments
has proven not to be a problem. The actual problem is when a
restricted number of private persons are given a monopoly on such
creation and who may then loanshark the funds back to the government
which has licensed them them to create and issue such money at
interest do the real problems arise.
Of those forces that sought throughout history to undermine any ruler
who may have been firmly in the saddle because of his exercise of that
prerogative which is the foundation of the State Power or God-Will of
which has is the living evincement, insomuch as he maintained firm
control of the original issuance of money and its injection into
circulation amongst the people as against State expenditures, almost
nothing seems to be known.
JCT: Yet, information is still around about King Henry I's Tally
system though no attempt has been made to explain how it functioned to
provide a comfortable standard of living for the early English who
needed only spend half their year securing their livelihood with
the other half devoted to holidays, festivals and constructing palaces
and cathedrals.
Very little information is available of the means those forces
employed towards this purpose through injection into circulation
amongst the peoples of silver and gold, and of instruments indicating
possession of the same. Practically no information seems to exist of
the growth of private money creation in the days of ancient city
states of Mesopotamia, of which, because of their records being
preserved on fire-baked clay, more is known than of more more recent
civilizations; and the gap must necessarily be filled by a certain
amount of speculation.
JCT: Just as very little is known of the true nature of
those forces which inject money into circulation today. I had a recent
debate titled "The Essence of Money" where economists argued that they
could create new money with a piggy bank which, when considered more
fully without a source or sink, is quite silly. And yet, Economics
professors admitted that they taught their students that money was
created with a piggy bank model of the banking system. It was only
after major debate that one finally admitted that money was actually
created with a LETS casino-style creationary bank with both a source
and a sink. Though I'd bet that lesson has already been forgotten by
most since a man convinced against his will is a man unconvinced
still.
Such flood off silver injected into circulation largely by private
business houses who no doubt controlled the mines, however distant,
especially after the institution of coinage in which a piece of silver
of known weight and fineness passed from hand to hand, must finally
and forever have broken that control of exchanges previously exercised
by the god of the city through priest king and priest.
JCT: This is another relation which necessarily explains how the
international could have instigated world wars with the deaths of
millions for profit. They descend from the same moneylending
fraternity who worked their slaves to death on galleys and in mines
and there's no reason to believe that their utter lack of respect for
human life should have changed in recent centuries though the hundreds
of millions killed by war and poverty in just this recent twentieth
century has certainly added to the indictment of their activities in
an exponential fashion.
Thus all, priest-kings and priests, came to forget that the
foundations of the power given to them from on High towards the
maintenance of the right living and tranquil procession through life
of their peoples, were the laws of distribution of surpluses as
written on the scribes tablet; laws instituted by the god himself,
each ordering a specified dispensation from the surpluses in his
warehouses in the Ziggurat, to the holder of the tablet.
JCT: It must be noted that when the Ziggurat operated like a
casino cashier in accepting surpluses in exchange for tokens worth the
collateral pledged that things worked fine.
They too fell into the error of believing that silver with value
created as a result of its being used as a balancing factor in
international exchange, could become a perpetual storehouse of
value... They themselves became consumed in the scramble for this
gleaming metal, so conceding it, through its controllers the power to
set itself up in opposition to the law of the gods; to raise itself up
in its own right, a god in itself.
JCT: How they could be tricked into accepting silver and gold as
the basis for their chips and forgetting how clay chips worked is one
of the truly amazing scams of history.
In its exercise, the fiat of the internationally minded group of
merchants and bullion brokers that arbitrarily dictated the exchange
value of such silver, being in actuality determination internationally
of the value of money, place such groups controlling silver exchanges
above and beyond local laws of the local god, and indeed conferred on
them the power to influence kingly appointment. It made of them the
servants of one god, a god above all gods; thereby somewhat relegating
the god whose order on the state warehouses as inscribed on clay by
the scribe or priest, had been the law governing exchanges, to the
place of their servant, their instrument...
JCT: It would be just the same as if Ceasar's Palace or the Taj
Mahal casinos could be tricked into using bullion for their chips so
that those who controlled the bullion supply could control how many
chips were available for use in those casinos and thus control the
volume of economic activity. It would have to be a pretty stupid
casino owner who could fall for such a trick though there seems to
have no short supply of kings and government officials.
It is true that while no single feature in the progression of history
might be regarded as basic and decisive, it is certain that the money
accumulation mania injected by fame into the minds of people as a
replacement to their concern with those natural qualities endeavoring
to color the current of human life through time, amongst which are
numbered virtue, honour, and godliness, destroys equally as another
debilitating disease, and will surely and speedily drag any people
down to a degeneracy and decay. A great army could not be more
efficient in its power of destruction.
JCT: All we have to do is look around us today and contemplate
how much violence and crime can be attributed to those infamous words
"I did it for the money" to understand how a great army could not be
more efficient in its destruction of civilization than a money kept in
short supply.
The main discussion of the "Artha-Sastra" of Kautilya, Hindu
classic instructing kings and rulers as to their proper conduct
towards good government, was as to whether financial or military
organization came first of all as the root of strength and power in
any any organized state. (Sarvepalli Radhaakrishnan and Charles Moore:
"A Source Book in Indian Philosophy" p219-220. Princeton; 1957)
Clearly in that day no less than this day, financial organization
preceded military organization; therefore, there is not much point
really in discussion of so obvious a fact and truth.
JCT: And he who controls the purse controls the king.
Much of history as we know it is the record of civilizations to
counter and evade destruction of themselves from without or within, or
is the record of their efforts to destroy other seemingly competing
civilizations or peoples attacking them from without or within.
War is as inevitable as is peace as the result of the exhaustion
of war, and there are few peoples that escape; but wars of the last
three thousand years have not been relatively infrequent occurrences
and have been an incessantly recurring evil. It is no chance that the
growth of warfare into a very cancer eating into the vitals of
mankind, and more particularly the white races, is parallel to the
growth of that other cancer which is private, and therefore,
irresponsible, money creation and emission...
JCT: Again, I don't mind private money creation and emission as
demonstrated by LETS and Wampum currency systems. It's a "Monopoly of
Credit" in the hands of irresponsible persons which is the problem,
accentuated by usury on the credit.
It seems that almost none of the scholars make any serious effort to
throw light on the real meaning of this matter of private monetary
emission, and the disastrous effects that it has had, and in finality,
will have, towards the defining of the remaining period of time of man
upon this earth, as being brief and uncertain.
Those strange decisions of kings signaling the opening of wars as
frightful and disastrous to the European peoples, as the last two so-
called "World Wars," decisions so abnegatory of self, but more than
that, abnegatory of the best interests of the peoples they represented
before God, far from being the directives of a benevolent force, are
the directives of a force which cannot but be described in any way but
as being wholly malevolent.
JCT: I think that physical attack by Christ on the bankers in the
temple may be an indication that he considered as wholly malevolent as
David Astle does since they were financing wars then as they still do
today.
The great engine which is the international control of monetary
emission and regulation, driven as it was until recently by the
catalytic fuel of gold alone, is not almost world embracing in the
scope of its operations. It seems there is no change in the attitude
of those its guides, nor any admission of the folly of their misuse of
this God-power which they direct towards the good of themselves and
their friends. Their obsession, despite ruin for all looming on every
horizon, seems to remain the same narrow vision of the day of their
own world supremacy wherein they will rule as absolute lords over all;
although by now it should be apparent to them, no less than to all
thinking people, that if this madness concealed within the much talked
about conception known as progress is not brought to a complete
arrestment, nothing remains but an end wherein shall be silence and no
song, for indeed there will be no singer, nor any to sing to...
As it looks today, it may be the end of the Indo-European peoples
whose diligent labours made so much of this world of today... It may
be the end, final and absolute for all men for that matter... it may
be the end for this our Earth, our only place and home and hope in the
awful endlessness of space and time.
JCT: Yes, with ecological catastrophe looming, with extinction of
species all around us, mankind seems hell-bent on a destruction it
seems cannot be averted. Yet, I know that all it takes is a simple
upgrading of the world banking system software to LETS to divert all
of mankind's efforts from useless destruction to useful construction
and hopefully sufficient to save the day. True, there may already be
so many chemicals in the atmosphere that the ozone layer will still
end up destroyed or toxic and nuclear wastes are already too
widespread for us to survive but like the good bridge player who plans
his play around a successful finesse of the King in front of his Ace-
Queen, if the King is off-side and behind the tenace, then there was
nothing that could be done anyway. So one must assume that it is on-
side and plan the play accordingly. Similarly, one must assume that
we are not past the point of no return and a reprogramming of the
banks' central computers can divert sufficient manpower from
destruction to production to save the day.
It should be more than apparent that in the relatively recent day when
kingship and god-ship were one, so far as the simple souls were
concerned, and the god and his viceroy on earth, the priest-king, were
creators and controllers of the economic good, exchanges were created
in order that the people might live a fuller life, and not so much to
benefit any secret society or interlocked group standing aside from
the main paths of mankind, but to benefit all who kneeled humbly
before the Almighty, each fully in acceptance of himself as part of
the god-wish, eternal and infinite; each one in his time an integral
unit carefully placed in the pyramid of life itself.
JCT: As they can once again be the creators and controllers of
economic good if we can but take away the power of the banks to
control currency emission to fund war and not production and return
such control to our rulers to fund production and not war.
Kings largely became the mouthpiece and sword arm of those semi-secret
societies that controlled the material of money as its outward and
visible symbols came to be restricted to gold, silver, and copper. The
fiat of the god in heaven which had been the decisive force behind
that which brought about an equitable exchange, was replaced by the
will of those classes controlling the undertones of civilization,
leaders of the world of slave drivers, caravaneers, outcasts, and
criminals generally, such as was to be discerned on the edges of the
ancient city civilizations, and followed the trade routes between
them...
JCT: And of course, with governments still being the mouthpiece
and sword arm of those same semi-secret banking societies today.
The instrument of this will was precious metal, whose supply was
controlled by the leaders of these classes through their control of
the slave trade, since mining was rarely profitable in the case of
precious metals except with slave labour, even after the development
of hardened iron tools and efficient methods of smelting.
JCT: And is it no wonder that these banker slave-drivers still
use the same techniques to control their slaves today. They are still
quite successful at to keep us slaves poor, sick, and fighting among
ourselves. How else to explain laws which permit usury to keep us
poor, promote tobacco processed foods to keep us sick, promote alcohol
and deter hemp to keep us fighting rather than jolly and content.
The power of these men, indifferent and alien to most cities as they
were, relative to that power it was replacing, which as the will of
the benevolent god of the city had been made absolute by sowing in the
minds of men over the thousands of years the idea of such metals
having a specially high value relative to other goods and services
being offered for exchange; indeed that they were a veritable store
house of value.
JCT: And even though the metallic base for money has now been
eliminated, they still manage to keep people convince that just
as there was never enough gold and silver to go around, there is a
similar shortage of computer blips to go around.
The law of the ruler previously exercised towards the well being
of the people in that they might live a good and honourable life
accordingly became corrupted. It became merely a symbol raised before
their gaze in order that they might not look down and see the evil
gnawing away at the roots of the Tree of Life itself, destroying all
peace and goodness. Nor could those semi-secret groups of persons be
seen who so often were the sources of such evil. In their contemptuous
indifference to the men of the states who found meaningfulness and
tranquillity through life lived in natural order under the law of the
King, they constituted hidden force deeply inimical to the best
interests of mankind.
JCT: And exactly the same thing still applies today. The
same banking fraternity rule our high-tech world as the ruled ancient
low-tech world though the chances of reform which were non-existent
then are now as great as simply switching the programs on their
central computers. Never in the history of mankind has there been such
potential for the throwing off of our debt chains, a last opportunity
mankind should grasp at as a drowning man would grasp at any straw.
Through stealthy issue of precious metal commodity money into
circulation amongst the peoples, replacing that money which
represented the fiat or will of the god of the city and which was
merely an order on the state warehouses through his scribes, this
internationally minded group, from the secrecy of their chambers, were
able to make a mockery of the faith and belief of simple people. The
line of communication from god to man through priest-king and priest
was cut, being replaced by their own twisted purposes such as they
were; not however guiding mankind into heaven that could have been and
where all would be life, and light, and hope, but into such hell as to
escape from which men might gladly come to accept the idea of Mass
Suicide.
JCT: And a Hell for which they will be held accountable if not
punished after the day of Amnesty, Anonymity and financial Security
that is on the horizon.
CHAPTER I: IN THE BEGINNING WAS THE WORD
Page 1
Every conclusion in respect to money and its creators in the world of
the Ancient Civilizations indicates the existence of a far reaching
conspiracy in respect to monetary issuance influencing the progression
of man's history. It was parent to that acknowledged and most obvious
conspiracy such as exists today.
(According to the review of Tragedy and Hope, Dr. Carroll Quigley; New
York 1966, as contained in the Naked Capitalist published by Leon
Skousen, Salt Lake City 1970)
The whole notion of the institution of precious metals by weight as
the common denominator of exchanges cannot but have been disseminated
by a conspiratorial organization fully aware of the extent of the
power to which it would accede, could it but maintain control over
bullion supplies and the mining which brought them into being in the
first place.
As far back as Neolithic times, values (and by inference money) were
already expressed in terms of silver by weight at the time of the
Azug-Bau Dynasty at Kish in Mesopotamia (3268-2897 B.C.)
JCT: What's interesting is that people can readily admit that
some deranged German painter sitting in his attic can dream of world
conquest but absolutely refuse to even consider that men with the
financial machinery at their disposal might be considering or even
doing the same thing.
Those who believe that bankers use the money system for their
benefit to the detriment of everyone else are often disdainfully
called "conspiracy theorists" while I would call those who do not hold
such views as "accidentalist theorists" for their belief that the
world is in its present deplorable condition accidentally.
I think that these studies of David Astle's and Carroll Quigley's
works, from the points of view of both banking conspiracy critic and
banking conspiracy enthusiast, will lead us to only one conclusion,
that manipulation of the money system permits levers of control over
all economic activity and that such levers have been consciously
manipulated by rich men for their own benefit and the detriment of all
others.
Page 2
That sales are recorded in the 4th Millennium B.C. means that even at
that time, there was a clear conception of the significance of that
abstract monetary unit for sales were in terms of money. The true
meaning of such a concept being largely incomprehensible to most even
as in this day, except they were the truly initiated, those
controlling the internal exchanges, namely the priesthood and scribes,
might well be excused if they early fell into the error of expressing
values in terms of the standard of values in international trade. This
serious error brought about finally not only the collapse of that
power through whose medium the god kings were best able to serve their
peoples, but also the collapse and fading of the meaning and
benevolent purpose of the god kings themselves.
JCT: Of course, their own national exchanges worked best when
their currency units were based on a measure of time at labor or a
measure of barley or even a cow. Astle does allow that falling into
the error of using gold and silver was a natural one and people can be
no more condemned for failing to understand the nature of money in
those days as they fail understand it today.
It might be equivalent to LETSystem members starting to use
another systems gold tokens without realizing that giving up the use
of their own tokens puts them at the mercy of the issuers of gold
tokens.
With silver bullion controlled by an international and conspiratorial
minded group, as indeed it is obvious it must have been, considering
the main sources of silver supply as being far away from those centers
of civilization whose money depended on it, and yet with people coming
to equate money, in actuality the law of the rules, then it becomes
quite clear that scarcity or plenty in money depended on the
manipulations internationally of that group controlling the
distribution of precious metal bullion, and the plenty or scarcity
they created, as was convenient to them.
If there was no silver, why then, there was no money and prices fell.
Substitute gold for silver, and history seeming to fast repeat itself,
we have the condition of the European world of the last 2000 years. If
there was no gold, why then again, there was no money.
JCT: How true. The same control gold bullion brokers exercised
millennia ago was also exercised in recent centuries too even though
we have just lately ended our link to metallic base tokens.
Page 3
Hence was able to develop that conspiracy against mankind most
exemplified by a continuous propaganda of hate against all authority.
As those controlling totally the economic life of a state through
monetary creation and emission must have felt that kings and gods were
more of a nuisance than anything else, the instigators of this
conspiracy in whatever place and era, obviously were those who first
did the business of bankers; the controllers of values, and
consequently the economic life of the states wherever the precious
metal standard was used.
JCT: I'm sure kings were as useful as fronts to take the heat
from oppressed debtors in olden days as governments are today. In
Quigley's book, we see over and over how governments promote policies
which benefit the rich to the detriment of the poor and end up
fighting their strikes and the revolutions when the poor can't take
the starvation as quietly as the bankers would like them to.
According to Sir Charles Wooley, the excavator of Ur, the unit of
exchange in the 4th Millennium was the measure of barley. Salaries of
government officials of Hammurabai, King of Babylon, were assessed in
barley but paid in silver.
The notion of the numerous officials of Babylon waiting in line to
have silver cut off from the bullion bar, although offered with
sincerity, patently is as erroneous as that conception of the every
day use in the exchanges of the "aes rude" in a similar way in which
classical scholars and numismatists would have us believe; and which
implied that the foreman and his laborers in ancient Rome also waited
in line to have a fragment of copper weighed out in order that their
wives might be able to go to the market to purchase the evening meal.
Page 4
Clearly the word silver in the texts means no more than the word
"Plata" in modern Spanish, or "Argent" in modern day French. These
words literally translate as silver, but as money, they may be
anything from a grimy tattered paper note, to a silver peso, to the
brass coin. Similarly, the word from the texts denoting silver may be
safely said to have meant that which passed for money, be it clay or
wood or class or leather or papyrus or stone.
JCT: It's true. In French, the word for money is "argent," which
is "silver." And even though none of us actually is paid in argent,
future historians reading about us being paid in "argent" might come
to the false conclusion that we were paid in actual silver, like we
might come to false conclusion that they were paid in ancient days
with actual silver. No matter that payment in actual silver was a real
possibility.
(In his book "La monnaie dans l'antiquite" Francois Lenormant
commented "We have proof of the use of glass money in Egypt from the
beginning of the time of the High Empire.")
Thus once money had come to be more of an abstract unit of account
based for its value in desirable goods and services, on the barter
power of a certain weight of silver bullion related to the constant
value of barley, it was no major advance for those who benefited most
from this conception, namely the bullion brokers, money changers and
bankers, to find a weak king and a corruptible priesthood who could be
brought to lose sight of the total control of the city which was the
right of the god they served and who might turn a blind eye to those
other more sinister activities by which the power of the Ziggurat was
further undermined.
JCT: When he keeps talking about a corruptible priesthood, our
modern day equivalent has to be Economics faculties, the only
difference being that they weren't corrupted as more brainwashed. Most
economists sincerely believe the false engineering analysis they have
been taught as my debates which Prof. Flaherty show quite
conclusively. No one can attribute his ever present contradictions to
anything other than irrationality, not corruption.
In the Age of Gods, Dawson remarks:
"The temple was the bank of the community through which money could be
lent at interest and advances made to the farmer on the security of
his crop. Thus there grew up in Mesopotamia a regular money economy
based on precious metals as standards of exchange."
JCT: So they had modern day banking thousands of years ago.
Page 5
This information from Dawson is most illuminating; but of the
undertones, he seems to see little, or he just does not choose to
speculate as to their nature.
Principal amongst those undertones, and quite possibly the force that
brought these changes about, may safely presumed to be the secret and
private expansion of the total money supply effected primarily by the
issuance into circulation of false receipts for silver and other
valuables supposedly held on deposit.
JCT: This is the standard story of the goldsmith which even Dr.
Quigley cites to explain the rise of fractional reserve banking. I
won't go into it here since we will go into it later though I'd expect
most people to already know this story.
Such receipts would be accepted by merchants instead of the actual
metal, and would function as money, and would be an addition to the
total money supply, though not understood as such by the rulers who
would thus easily be inveigled into lending their sanction to
seemingly harmless practices; or at least into turning a blind eye;
especially if priesthood and scribes so advised.
According to Wooley, trade seemed to extend from the city of Ur over
the whole known world as far afield as Europe, being carried on by
means of letters of credit, bills of exchange, and "promises to pay"
(cheques), made out in terms of staple necessities expressed in terms
of silver at valuation of barley.
(On page 124 of his book Abraham (London 1936), Wooley comments: "A
trade which involved the greater part of the then known world was
carried on with remarkable smoothness by means of what we should call
a paper currency based on commodity values.)
JCT: You will find many historians who claim that modern day
banking was invented centuries ago by merchants in Venice or by the
Bank of England when it seems pretty clear that it was invented
millennia ago.
Page 6
The merchant loaned money to his customers, such money merely being an
abstraction indicated by the figures on the clay tablet; in earlier
days being backed by the will-force of the god of the city, and in
latter days by the promises of silver.
Thus, the caravaneer or traveling merchant gave credit. Whether his
own or that of the merchant for whom he was agent or directly from the
Ziggurat itself, it functioned as a form of foreign aid similar to
foreign aid today. Considering that the merchant operated solely with
the credit of the temple that raised him up, while the temple remained
supreme, such foreign aid was instrument of state policy, maintaining
the servility of lesser states while maintaining the steady working
capacity of the home manufacturies, and a contented people in
consequence.
JCT: So the manipulation of credits were also similar in those
days.
Page 7
With the growth of silver in circulation, that which had been total
economic control from the gods through his servants in the Ziggurat
was bypassed and merchants were now able to deal privately using their
own credit or powers of abstract money creation. They were able
through the control of distant mining operations to afflict a
previously dedicated priesthood with thought of personal possession;
and through the control of the manufacture of weapons in distant
places, they were able to arm warlike peoples towards the destruction
of whosoever they might choose.
JCT: This is an important point. Just as the Rothschild brother
in London financed English war expenses, and the Rothschild brother in
Paris financed the French war expenses, and the Rothschild brother in
Frankfurt financed the German war expenses, and the Rothschild brother
in Italy financed their war expenses, all the in the name of national
support, the point is that they always financed both sides of most
wars and stood to profit no matter who won. So it makes sense that
fomenting wars was very profitable and the idea of preventing war and
their expenses was quite unlikely.
Of the two families, the Rothschilds are responsible for far many
more hundreds of dead millions than the Rockefellers though the
Rothschilds have certainly collaborated in the genocide of the
millions the Rockefellers are responsible for.
Those merchants who were the main sources of precious metals came to
realize that they could actually create that which functioned as money
with but the record incised by the stylus on the clay tablet promising
metal or money. Obviously, as a result of this discovery which
depended on the confidence they were able to create in the minds of
the peoples of their integrity, provided they banded themselves
together with an absolute secrecy that excluded all other than their
proven and chosen brethren, they could replace the god of the city as
the giver of all.
JCT: Neat, eh? People actually would pay same interest to borrow
paper promises of gold as they would to borrow the actual gold. What a
wonderful scam if it weren't for all the victimized corpses at the end
of the habitual famines.
Page 8
Some evidence of the knowledge and previous existence of such practice
of issuance of false receipts as against supposed valuables on deposit
for safe-keeping clearly exists in the Law No. 7 of the
great Hammurabai Code.
According to Professor Bright, the Code of Hammurabai was but a
revision of two legal codes promulgated in Sumerian by Lipit-Ishtar of
Isin, and in Akkadian by the King of Eshnummua in 1950 B.C.
The severity of the penalty and the placing of this law so high in the
code leave little doubt that it was directed against an evil that was
by no means new, and, who knows, may have been one of the deep seated
causes of the invasions that devastated Ur from the Gutim, the
Elamites, the Amorites, and the Hittites; for no doubt of old, just as
today, Money Power was as busy arming the enemies of the people
amongst whom it sojourned, as that people themselves.
While scholars do not appear to have paid any special attention to
this particular law, or to have attached any special significance, its
true intent and purpose is clear to anyone conversant with the origins
of private money issuance in modern times, as indicated by the
familiar story of the goldsmith's multiple receipts.
JCT: Of course, scholars may have spent some attention to this
information but, just like the erasure of inconvenient facts in George
Orwell's 1984, most of it has probably been erased from our history
books. That such deletions are not accidental can be perceived by the
virtually complete omission of any reference to interest-free banking
systems from all Economics curricula. Though interest-free systems
were used by Sparta, Rome, England, early American indians and
Lincoln, there is a total void in all economic histories which I do
not find mystifying. If you're going to enslave a whole world with
exponential debt, the last thing you want to do is have them learn
about history's successful interest-free systems.
It's the reason I promoted LETS Local Employment-Trading System
currencies as local models for our perusal. That some people have
concluded that they must remain local in order to work though there is
no theoretical limit to the number of accounts in the database, is one
of the saddest results of having promoted smaller models.
Page 9
"If a man buys silver or gold or slave or ox or sheep or anything else
from a free man or has received them for safe custody without witness
or contract, that man is a thief; he shall be put to death."
The requisite witnesses and contract attesting to the true facts of
valuables on deposit would to some extent obviate the danger of the
goldsmiths creating receipts for valuables that did not exist.
Provided a corrupted priesthood turned a blind eye to this practice
and loaned their sanction thereto, such fraudulent money or, in the
misleading euphemism of a corrupted world, "credit", would be equally
effective in foreign markets as in the home markets.
The severity of the penalty would have been an absolute deterrent to
such practice that since that time, and more especially in modern
times since the 16th Century A.D., has become so indurated to a
fixture.
JCT: So they really frowned on fractional reserve banking,
the lending out of gold they didn't have. Actually, there's nothing
wrong with lending out gold you don't have as long as you don't charge
interest for it. Every LETSystem creates new money or new gold every
time someone overdraws their account with no ill effects. Of course,
making people believe they were borrowing gold was the rational for
the charging of interest but without such interest, LETS does show
that there are no ill effects which would necessitate such laws.
Page 10
At the time of the promulgation of the Law of Hammurabai, both private
property and private issued money seem to have been well established.
It is to be assumed that ignorant of noble caste or otherwise were
already deferring to that magic known as money in much the same manner
as they did at all times through latter history when faced with the
necessity of compromise with private money creative power whose
activities had been permitted by foolish kings and to whom such kings
had even committed the finances of the realm such as during the last
four hundred years in England.
JCT: And of course, we'll see how the Bank of England crucified
the English on a cross of gold in Quigley's texts. It's quite safe to
say that the current string of British rulers are the same fools who
have committed their nation's finances to private money creative
power. I think it's fair to say that the debasement of their reigns
correlates quite closely with the debasement of their currencies. Why
not lose respect for the monarch just as we lose respect for the coin
with her picture on it? Sure she might be a nice lady but she's still
an incompetent ruler as the debasement of her currency would show.
In the time of Hammurabai, merchandising was by no means regarded
as an end in itself, and a means whereby it was the right of ignoble
men to proffer any corruption to the people so long as it made
"profit" for them, and "interest" for the so-called bankers who
supplied the original "finances" out of his secret and costless money-
creative processes.
JCT: I guess David Astle finds the fact that bankers can create
costless credit out of thin air and lend it out at interest is as
amazing a scam I find it. Of course, it's not the fault of the
intellectually slow or uneducated to have been fooled but what's the
excuse going to be for the intellectually quick or educated portion of
the population?
Money lending still had not come to be a means whereby man-hating and
therefore corrupt secret societies might seek to overturn the tree of
life itself by way of sowing the seeds of decay in that true and
natural order of life which had been ordained from time immemorial.
Private money creators had at that time by no means arrived at that
point where they might conspire to present complete defiance to the
gods and their appointed and install jackasses in the places of the
mighty, as too often was the case in the latter days.
JCT: But look at any of today's governments and you'll see that
they're full of self-serving jackasses. Won't they look stupid once
Global LETS has been installed and their money madness finally
exposed. My favorite government jackass is Mike Harris, a former
golfer who made Ontario Prime Minister, who successfully cut life-
support tickets to the poor until they homeless were dying right
outside his office. Of course he has committed genocide by poverty of
many Ontario citizens and yet there's not 1% of the population who see
it as more than a necessary financial evil.
CHAPTER II: THE TEMPLE AND THE COUNTING HOUSE
Page 12
If the god of such secret society or confederacy controlled movements
of silver bullion internationally, he might well be contemptuous of
all city gods other than himself, for when money values were based on
his silver in such international exchanges, then he and his acolytes
knew that all prosperity in the kingdoms depended on him, and whether
he ordained through his servants that silver should be plentiful or
otherwise; whether indeed there would be no money and hardship, or
plenty of money and prosperity.
JCT: Wasn't it one of the Rothschilds who said "Let me control
the creation of the money and I care not who makes its laws." Sounds
like the same kind of contempt for rulers that, quite frankly, such
subservient rulers, deserve. I know I feel a contempt for my Queen who
has allowed her currency to be debased by these kinds of monsters.
It's pretty tough not to when you understand how they control her.
In the latter days of declining temple power, prosperity would also
depend on whether rulers turned a blind eye to that privately created
ledger credit page entry money whose use the international money
changers were undoubtedly promoting as facilitation to exchanges
between select and secret groups of persons and so would strengthen
themselves and their one-God all-powerful, all omnipotent...
JCT: That's why all civilizations that rise up are eventually
thrown down by these same bullion brokers once they kings have fallen
for the metallic money trick. The fact they use the same money trick
to rule in the same way today states volumes about the lack of
understanding of rulers, then and now.
Page 13
The ruthless and stern edicts of such princes as Hammurabai of
Babylon, while perhaps effective in Babylon, would not avail in all
those cities to which the money changers undoubtedly carried their
arts, especially if they were not subject to the rule of Babylon. Who
knows to what extent the seizure of Ur by Hammurabai was the result of
his determination to extirpate the source of this attack on kingly
power.
JCT: We'll find history is full of examples of rulers fighting
the moneylenders and usually losing to them. That's why the odd win on
the part of wise rulers is of such interest and also why the
moneylenders who control the publishing houses try to erase every
mention of such free money-systems as described by George Orwell in
1984. It's no accident that every mention of the many interest-free
banking systems throughout history have been shoved down the memory
hole so that no economist has ever even heard about them. And after
their conditioning, they rebel at even the thought of zero interest.
That close to the throne were those who secretly held in contempt the
god-king is clear from the following excerpt from Wooley in respect of
his discovery of the tombs of the kings of the IIIrd dynasty at Ur:
"The tomb had been robbed just as the earth was about to be put in;
nobody would have dared when the pit was still in use, nor, if such
sacrilege had been done, would the bricks have been left scattered on
the floor and the breach unfilled. The robbers must have chosen their
moment when the inviolable earth would at once hide all traces of the
crime and they could afford to be careless."
On the ramp leading down to the king's tomb would have lain the bodies
of those who had elected to accompany their Lord into the regions
beyond. It would have been almost impossible for such carefully timed
robbery to have taken place over the bodies of those who would be
amongst the first ladies of the court and certain officials without
there having been a well planned conspiracy.
JCT: So the moneylenders had no respect for the rulers then just
as they have the same contempt for them today.
Page 14
When the robbery was effected, it is clear they were already dead,
there had to be connivance of certain persons in high places to whom
this great devotion was without meaning. Such gold and silver would
have been useless and a dangerous possession except to those to whom
it meant money and power internationally and by whom it could be
melted and rapidly transformed abroad.
JCT: Makes sense. Can you imagine some ordinary thief wandering
around with the King's Royal Golden Scepter looking for a fence to
take it off his hands? Not likely. Of course, guys with the know-how
to melt it down and move it out of town or introduce it through their
bank branches would have a great advantage.
The famous temple of Solomon was not only used as a treasury but, as
in Babylonia, as a bank. The arts of banking were in no way as
developed as they were in Babylonia and Assyria. Amongst the Apiru,
undoubtedly confederates of the Israelites in later times, were
clearly many refugees from the cruel debt slavery existing in
Babylonia during the 2nd Millennium. Apart from the firm laws in
respect to the taking of interest, the Jubilee of the 50th year
(Leviticus 24.II), if fully enforced, would render any efforts to
create monopoly ineffective. Thus it can be seen that the God in his
holy shrine ruled in the same way in that ancient Hebrew kingdom.
JCT: Religious laws probably had as much influence then as they
do today. Most of old Torah law condemns interest but 99% of all Jews
don't obey. Most of old Koran law condemns interest but 99% of all
Muslims don't obey. Much of Christian law condemns interest but 99% of
all Christians don't obey. So how much influence would religious law
have in those days either.
Page 15
The Greek sanctuary owed existence to similar forces that had given
rise to the temples of Mesopotamia and to the temple of Solomon.
Functioning in like manner, clearly it originated from those distant
days when the priesthood considered themselves as the direct
representatives of the gods on earth, the shepherds appointed to the
flock.
Page 16
The temple of each small city in Greece may have functioned as did the
great temples of the powerful city states of earlier days, and money,
that is the law controlling exchanges as to a common denominator of
values, may have come into existence as entry in the temple ledger,
although how represented in the circulation does not seem to be
clearly known. The notion of exchanges being conducted in terms of
cattle cannot be accepted as that which created an exchange amongst
the common people of the city civilizations.
It is clear that local tribes such as the Bushmen of South Africa have
been conversant with the basic principles of money as pieces of
certain shell, cut according as tradition demanded.
JCT: But let's give credit to King Henry I of England who created
the very first totally uncounterfeitable royal currency, tallies.
Still, if a temple were running their local currency a la LETS, then
there would have been little incentive to counterfeit by the citizenry
though you can bet the international moneylenders wouldn't have been
so constrained.
Page 17
It may reasonably be expected that the intelligent Indo-Europeans from
whom stemmed the Greeks were equally conversant with such principles;
even if later they came to forget them.
JCT: Cute. "if later they came to forget them." I think it was
more a case of having it erased from their books of knowledge just as
it's been erased today. You have to marvel at the ability of the
moneylenders to have erased every mention of interest-free money from
all orthodox Economics textbooks. That's probably the greatest
travesty of education ever inflicted on mankind.
According to the Cambridge Ancient History:
"Ivory beads in countries now devoid of elephants suggest either
wide range of movement or some form of exchange."
The graves of Sungir reveal similar mammoth ivory beads proven to be
23,000 years old or more. During the old kingdom of Egypt when
"numberings" of all accepted as wealth and possession were taken every
two years, and therefore books kept, a most refined system of
distribution of surpluses and therefore creation of exchanges must
have existed. The connection between such system and the "scarabs"
seems to have been generally dismissed. That scarabs have been found
in their hundreds in places far removed from Egypt indicates
significance far removed from their use as ornaments.
JCT: So money may have been understood and used properly 23,000
years ago. I always marvel that our civilization with its amazing
level of technical sophistication could still be tricked by an ages
old scam whose irrational nature, the attempt to repay more than was
originally printed, seems to elude most of its conditionees.
The agents of Babylonian Money Power would themselves have promoted
establishment of the temple nucleus to the city state. It was the form
of government they understood best and they knew how to control and
subvert it if necessary.
Just as the similar secret money creative force heads directly for the
seat of government itself in this day and age, and once it becomes
fully lodged and acknowledged, in the same way as with the
establishment of the Bank of England in 1694 and the Federal Reserve
Bank in 1913, two instances with which we are most familiar, it
penetrates right into the heart of the treasury, so it was in that
day.
JCT: If you read about how the Rothschilds controlled governments
a couple of hundred years ago, you'd see that nothing really changed.
Page 18
As amongst the original aristocracy of Greece would be little enough
sympathy for the smooth subtleties of those newcomers originating from
the countinghouses of the Phoenician, Aramean or Babylonian Cities, it
would not be to the natural political leaders that these newcomers
would address themselves in the first place, but to the priesthood,
those who controlled the temple, the advisors and guides to such
rulers. Just as in today, such priesthood is too often composed of men
of little understanding of the realities of financial life and who
lend themselves almost eagerly to any power with sufficient front to
offer them more than the god they represent, so it was in that day.
JCT: After running in a record number of elections, I've often
asked out loud why my opponents are running when they don't have any
solutions. It can only be for self-interest since it's not for the
public's interest.
Thus the cities that rose out of the industrial awakening of Greece
had all the appurtenances of the sacred city state of more ancient
days.
However, too often during the last three hundred years, kingship has
become little more than a front giving legality to such money as
circulates, bearing as it does, the profile of the ruler who so often
has been unwitting co-conspirator, if only as essential instrument,
with that money power, totally international in character, which has
nowadays largely replaced kingly power as the true ruler, so it was
that the temple became a front for the international money creative
force of that day and age; connected closely with the trade in
precious metals and slaves as it must have been.
JCT: It's sad to say that most of the rulers of today are nothing
but Judas goats leading their peoples to financial slaughter and debt
slavery. I just hope God's got a fitting punishment for them when they
get to the other side. I wonder what kind of punishment he's got for
the Rothschilds and Rockefellers responsible for it all.
Page 19
Thus, as the distant heir to this temple of ancient days, the temple
of the Greek city state in the 1st Millennium B.C. was still a place
looked up to as the abode of the gods; even if that economic power by
which, as the expression of the benevolent will of the god, it had
controlled the total existence men, was now exercised by an external
and indifferent force, alien to Greek and with whom it connived
against its own adherents.
The temple of Apollo at Delos had become merely a front for the
economic purposes of a secret fraternity whose concern was money
changing, silver bullion and the slave trade.
JCT: Much as the British Queen or the American presidency are
merely fronts for that same secret fraternity.
Page 20
These persons had conducted their business in the shade of the temple
courtyards from ancient days as might give sanctity to their
activities which so often were exercised against the well-being of the
people who sheltered them. Such activities were frequently concerned
with the movements of bullion, the factor most of all giving rise to
instability and therefore so necessary to the full exploitation of the
people.
The island of Delos, although virtually infertile and without special
advantages such as natural harbors, due to gifts of pilgrims visiting
the temple of Apollo and the deposits of the cities, "trapezitae" and
leading citizens, became very rich; a great center of trade and
banking, and above all, a center for the great slave trade from which
almost none were safe.
(Plato was reputed to have been sold as a slave for 20 minae.)
JCT: I guess they were much like all the useless mountains of
Switzerland today. Nothing much going there other than being a haven
for usurers.
Oskar Seyffert, in Dictionary of Classical Antiquities wrote:
"Delphi, Delos, Ephesus and Samos were much used as banks for
loans and deposits both by individuals and governments."
Therefore, the great sanctuary functioned very much the same way, from
the economic standpoint, as the central bank in this day. The agents
of International Money Power, as used by the priesthood to take care
of the fiscal dealings of the temple and to whom was farmed out the
credit of the temple, must have fully understood that the priesthood
had betrayed their high calling. These agents would have lurked as
only faintly discernible shadows behind the temple facade although
they instigated much of what came to pass in those days. By
maintaining the position of the priesthood, they maintained themselves
and their secret power for whatever they brought about, especially if
of evil, it may safely be assumed, the priesthood would be held
responsible.
JCT: Of course, it's not quite as secret today where bankers get
together at large conferences to dictate terms to governments every
year. Though nations may claim sovereignty, they are all on their
knees at meetings of the World Bank and International Monetary Fund.
Page 21
Hence the people never questioned the existence of the temple but as
the place where the will of god was exercised through his servants.
That it had come to function more as instrument in the capacity of
front for an international power concerned largely with money creation
and the control of the slave trade was something they never came to
fully understand. No more in this day do those who toil on through the
few years of their lives realize that the governments that they so
naively believe are theirs are but a wavering shadow. The absolute
reality of sovereign power only obtainable through total control over
monetary creation and emission and cancellation is not theirs. They
but function as standards but which international money creative
forces create the world's money in a given area.
JCT: It's true. Most people can't believe that there may be a
cabal of billionaires who have planned their enslavement through the
debt created by the money system. They can't believe that people with
all they could possibly want to simply to crush them down. That's
what's the very worst. Though 200 years ago, they could have excused
their usury as taking care of their own in a world of scarcity. It's
the fact that we've been in a world of abundance for the past 100
years that makes their crime all the worse and indefensible.
Therefore, this economic power would not only derive from those loans
in precious metals but also from the fact that those very secret
fraternities understanding fully the principles of Ledger Credit Page
Entry Money, operated under it's patronage. There can be no doubt that
the principles of monetary inflation, or better put, abstract money
creation, were well understood to the "trapezitae" or professional
bankers to whom the Temple at Delos apparently delegated these
functions;
JCT: What's amazing is that until very recently, bankers would
not even admit that they were lending out new money. Many bankers and
economists today, as witnessed by Dr. Flaherty and Simms, still won't
admit that it's new money and not depositors' funds. They've got the
piggy bank model so ingrained in their minds that they never notice
that piggy banks don't have a source from which this new money comes
from. I hope many of you have been amused by the mass of
contradictions we've witnessed, usually within the same paragraph. I
reread Flaherty's beauties on a regular basis. I should make a comedy
routine out of it by enlarging Fig 2 and Fig 3 and then reading his
contradictions and pointing out that the pipe is connected here, then
there, then here again, then there, etc.
I'm just happy that these tracts are available for historians of
posterity to give them an idea of how difficult it is to explain how
money works to a bunch of financially insane individuals in charge.
Page 22
And equally known was how easily merchants could be trained to make
payments by cheque drawn on account consisting of supposed deposits
with a recognized banker.
JCT: And why not when credit is a perfect currency? As long as
the users realize they are borrowing credit and not the gold it
happens to be wearing when it's issued. But if it can keep Ph.D.s in
Economics confused even today, how could we expect anyone ordinary to
beat the brainwashing. That what makes Christ, Isaiah, Ezekiel,
Mohammed and the other Abolitionist saints so special, they broke
their conditioning that billions of others have never been able to.
After all, when it came to an interest-free world, Christ did say that
"many saints and great men have longed to see what you have seen but
have not." It's just amazing how Christ's message changes when you
realize that his good news for the poor is a "no-interest" world.
Actually, ask any Christian minister "What's Christ's good news
for the poor?" and they won't have any unless it involves giving them
money to make you feel good.
Thus no transfer of actual silver need have been involved and what is
now euphemistically described as the fractional reserve system (a
swindle indurated into a system!) was operated.
JCT: And yet, most economists on sci.econ think that the
fractional reserve system is a new development while Astle makes a
pretty good argument that it's been in operation for thousands of
years. One has to wonder why all the secrecy all these years so that
even its teachers of economics don't know anything about its history.
The enormous volume of exchanges that could be carried on without the
movement of one drachma of silver, and consequently the monopolization
of trade and industry and subsequent control over the whole world and
its affairs that could be brought about at literally no real cost,
provided those dealing in money changing and financial matters
maintained close solidarity, was known to the bankers.
JCT: It is amazing when you think about it. They didn't even need
to have any gold at all as long as the units were denominated in gold.
One of the best stories ever written was Salvation Island by Quebec
Socred Louis Even telling the stories about a group of shipwreck
survivors who are taken in by a banker who fleeces them for the
interest by setting up a credit money system based on his "chest" full
of gold. It all worked fine other than the interest owed even though
he didn't have any gold at all. It demonstrates how a pure credit
system works fine, again except for the interest. Had Oliver the
banker charged them a service charge, he wouldn't have had to
foreclosed on them all and eventually be ejected from the island by
the brute force of the majority.
That's the problem though with Social Credit. Though Louis Even
himself knew that brute force was never the solution to oust the guys
who own the arms industries and finance the armies and ran for
political office himself, most Socreds decry trying to use the
political system to throw off their yoke of slavery leaving them only
with brute force or empty talk. Given they could never use brute
force, it explains their history of total non-success.
The tremendous entre-pot trade of Delos, especially in slaves,
could not derive from anything else other than the acceptance of the
"Credit" of the temple from the hands of these aliens. These men would
be skilled money changers bred and trained in the ancient financial
sophistication of the cities of Babylonia, Aram, Phoenicia,etc. They
would be fully conversant with the possibilities inherent in such
ledger credit page entry money and whose successful functioning as an
abstract inflation of the number of units of silver they claimed to
control, depended on secrecy and solidarity amongst themselves, and
above all, on the patronage of the corrupted temples.
JCT: Same goes for today.
Page 23
This flow of silver to Delos would have enabled Delos to partially
replace Athens during the 3rd century B.C. as the new center from
which international money power came to control the finances of the
Eastern Mediterranean. Professor Rostovtsev refers to a purchase of
grain in Delos by a Sinotes of Histicaea, a subject city of Macedonia
in which he observes that the purchase was made out of money advanced
by a Rhodian banker. This suggests that the banking of Rhodes was
interlocked with that of Delos and that those silver reserves of the
Temple of Apollo functioned also as reserve to Rhodian banking. Delos,
because of its sanctity would constitute a much safer store house for
precious metal hoards than ever Rhodes might be.
JCT: What? International bankers tied in together thousands of
years ago? Even with their own Switzerland to hide out in? Of course.
Previous references to banking in Grecian cities as being conducted by
aliens are also verified by Rostovtsev. The question therefore arises
"What aliens?" Would they be members of the same fraternity of men who
were standing almost above mankind in their manipulation of powers
that not so long previously had been reserved solely to the gods and
exercised through a dedicated priesthood? Such power being lost to
kings forever when they permitted the institution of accounting to a
silver standard.
JCT: Like the Rothschilds and Rockefellers of today?
Page 24
The latter days of Delos and the Temple of Apollo when 10,000 slaves
were shipped abroad in one day alone would certainly suggest the
existence as controllers of its economic affairs a class of persons
internationally minded and utterly callous to the sufferings of the
mixture of broken races that passed before it on the way to the slave
stockades.
JCT: You have to admit that shipping out 10,000 slaves in one day
had to take a lot of logistical organization. Imagine shipping out
10,000 slaves from any city today. They'd need 250 buses. Anyway, the
men who could do this to a small world of yesteryear have relatives
doing it to us today, the only difference being that they can't work
us to death like they used to in silver mines and galley ships though
there's still a mess of genocide they'll have to answer to someday.
Although slavery previous to the 4th century B.C. had been more in the
nature of a benign custom similar to the custom of the bonded servant
or apprentice of the 18th century in Northern Europe, after the
Macedonian conquests it became a custom in no way so benign and
herding of all kinds of persons formerly free, day in and day out, on
to the ships of the day, could not have been accomplished but with
whip and chain, and families being torn apart without compunction or
compassion and little children defenseless against the abuse of
monsters.
JCT: The fruits of Rothschilds' and Rockefellers' labors are just
as ugly and murderous today.
While the facts of the Temple of Apollo at Delos are relatively clear,
supposition of the existence of the Temple of Athene at Athens as
being under the secret control of the bankers, while not being so
clear, is logical.
The reserve of 6000 talents of coined silver stored in the Acropolis
at the beginning of the Peloponnesian War would certainly seem to
indicate that the Temple loaned itself to that major activity of so-
called bankers, the creation of abstract money, and shielded them in
their very carefully guarded secret that most money circulating
between merchants within and without the Athenian empire was that
which was created as by ledger credit page entry. The silver reserve
would have been the banker's window dressing and served to take care
of day to day expenses.
JCT: The same as the amount of gold in yesteryear. The bulk of
money is actually credit and almost always has been. As he points out,
6000 talents certainly wasn't enough to run their civilization but
could certainly act as base for the credit creation.
The Peloponnesian War ended no more than little over a hundred years
before the time of Alexander. According to A. Andreades in his essay
on the war finances of Alexander the Great, total expenditures per
annum at the time of the crossing of the Hellespon were 5000 - 7000
talents. This was the expenses of an army far from home and to which
little credit would have been available and most disbursements would
have been paid in solid metal.
JCT: So a treasure of only 6000 talents was certainly
insufficient to run their world. They had to have used credit based on
that metal.
Page 25
It is therefore out of the question to consider whether 6000 talents
of silver were adequate for the total finances of the Peloponnesian
War over ten years. If all disbursements had been in silver, it is
doubtful if such a so-called reserve could have lasted six months.
JCT: I don't think we can argue with his conclusion. They had to
have used credit for the bulk of their money.
This silver was merely the foundation of that illusion that those
baked clay facsimiles of Greek coinages which circulated so well
between merchants and governments were redeemable in silver coin; just
as the last three hundred years in the British Empire all the Queen's
loyal subjects have believed that every bank note in circulation was
redeemable in gold!
JCT: Again, good point. It was the same scam then as it is today.
Page 26
On the subject of such fiduciary currencies in ancient times,
particularly Athenian, Francois Lenormant wrote:
"Cedrenus claims that the Romans had wooden money in very ancient
times; but this tradition can probably be relegated to the domain of
fables with the Roman money of clay of which Suidas writes. However it
could be that this last information is connected with several types of
assignat briefly used at the time and which could not have been
emitted by public authority. Clay molds of silver and gold currencies
of various countries are frequently found in Athens.
The learned Sicilian Numismatist Antonio Salinas, during his stay in
Greece, collected a large number of these monuments, either as
originals or molds or drawings. The purpose of this special class of
objects that are of course connected with numismatics is very obscure.
But it can be conjectured that such pseudo-currencies of baked clay
molded from existing types of money had a fiduciary circulation of
quite a private character, however, similar to that of the credit
notes whose emission as authorized in certain countries by particular
institutions."
In other words, the clay facsimiles functioned in much the same manner
as did bank notes over the last three hundred years in the Anglo-Saxon
world; they were money, privately created and emitted.
Francois Lenormant lived at a time when relatively little was realized
by numismatists of the functions of "Ledger Credit Page Entry Money,"
or often enough of money itself as being so many numbers injected into
circulation amongst the people, either as pure abstraction and
functioning as by transfer of such ledger credit page entry, or as
tangible record on clay, paper, copper, silver, or gold.
JCT: Of course, people who think Economics makes sense won't have
any clue about what these scholars and Astle are talking about though
they make eminent sense to anyone who understands how the real credit
based on metal works. I only hope that those who still harbor some
confusion will get a clearer picture of the workings of the system by
the time we've finished examining Astle and Quigley's works.
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