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Article I.

Article II.
THE
DOLLAR CRISIS
How to Understand and Survive the Economic Collapse of the U.S. Dollar with the Help of
Kemetic Philosophy and Ancient Egyptian Fiscal & Monetary Policy
Article III.
The Ongoing World Financial Crisis of the 21st Century, Its Causes and Consequences and What to Do about it to Protect Ones Life,
Livelihood and Assets
Sema Institute/Cruzian M ystic Books
P.O.Box 570459
M iami, Florida, 33257
(305) 378-6253 Fax: (305) 378-6253

First U.S. edition 2008 By Reginald M uata Ashby

All rights reserved. No part of this book may be used or reproduced in any manner whatsoever without written permission (address
above) except in the case of brief quotations embodied in critical articles and reviews. All inquiries may be addressed to the address above.

The author is available for group lectures and individual counseling. For further information contact the publisher.

Ashby, M uata
THE DOLLAR CRISIS: The Collapse of the US Dollar and Redemption through Ancient Egyptian Fiscal & M onetary Policy
ISBN: 9781937016548

Library of Congress Cataloging in Publication Data

Other books by M uata Ashby

See back section for more listings


INTRODUCTION What is the Problem?
Article IV.
T his book is a section of a larger work, The Death of American Empire: Understanding How Unethical Geo-Politics, Fanatical
World Religions and Economic Imperialism are Leading to World Crises in Health Care, Religious Conflict, Environmental Disaster
and the Collapse of Civilization in the 21st Century.(2006) In that larger and more comprehensive work the causes and consequences of social
political and spiritual faults in the culture of the United States of America were analyzed at length. We found that four main crises are facing
the culture and the most imminent and dire crisis is the threat of financial collapse.

This volume has been put together so as to make that section of the book more easily accessible and also to present some updates to the
situation and also present concrete steps that anyone can take to meet the challenges ahead whether or not the difficulties are moderate or
severe. This book provides steps to take for considering the options you have for coping with the coming economic collapse.

WHATS NEW?

This book has a new introduction as well as expanded essays. In this volume we have also included updates since the publication of the
earlier work. Also, this volume has a new essay discussing the future of the economy of the United States of America. Additionally,
included in this volume is a review of the political future of the United States of America and how the upcoming elections may affect the
social order and collapse of the society and economy if the Dollar Crisis reaches catastrophic proportions.
Article V. Where are we and How did we Get to the Current Crisis?
Article VI.
T he economic system of the United States of America began with slavery and continued with slave labor into the 1940s. Its
founders took advantage of fertile lands taken from its original inhabitants and free labor from making Africans and others into slaves.
In addition to forced free labor, the economy of the United States of America was founded upon concepts of free market and capitalism
which are designed to accumulate wealth and consume natural resources. Politically it was set up as a republic representing the people but
in actuality it operates as an oligarchy system in which large corporations and wealthy individuals control the activities of government
officials through a legalized bribery system called campaign donations. Free market capitalism is not a sustainable form of social order,
either from an economic perspective or a social one. The U.S.A. has become a nation that uses its military to compel acquiescence to an
economic system that forces, through subversion and or coercion or open warfare, other nations to accept U.S.A. hegemony and control
over their natural resources. Internally the government and businesses rely on police and the legal system to prevent worker unity (through
legal and non-legal ignored tactics), rights and equality with business owners. With the creation of the Federal Reserve the U.S.A. went off
the gold standard and began the era of fiat currency in which the dollar lost most of its value.
Through the 1960s and 1970s the concept of neoliberalism in economics became popular. It was equated with a list of policy
[1]
proposals by John Williamson's known as "Washington Consensus", which seemed to have approval by the international economic
organizations (like the IM F and World Bank) that were Washington-based. Williamson's points included many features that would seem to
be progressive and modernizing, such as: Tax reform , Deregulation and Redirection of public spending from subsidies ("especially
indiscriminate subsidies") toward broad-based provision of key pro-growth, pro-poor services like primary education, primary health care
and infrastructure investment, but many of those were not fully implemented and others in reality served the purpose of business interests
and the wealthy such as Trade liberalization, Privatization of state enterprises, Deregulation abolition of regulations that impede market
entry or restrict competition, and property rights. For this reason neoliberalism came to be thought of, by the peoples of the countries
where it was implemented, as a new tool of economic oppression.
Up to the 1980s the U.S.A. economy was negative for the people and for the environment and it was, even then, ultimately
unsustainable but there was more distribution of wealth among the general population. Inflation also took away the wealth of most people.
This form of economic interaction was termed demand side economics because production is directed to what is in demand. For example, if
people want cars then the companies start making more cars to sell.

However, in the 1980s with the presidency of Ronald Reagan and the coming into power of conservative thinkers the opposite theory
of economics was introduced. This was referred to as Reaganomics, a form of supply side economics in which the emphasis is on
production and then creating the need for the item produced while also facilitating its consumption by allowing immigration to increase the
population, and promoting consumption as a lifestyle status symbol, and by also equating consumerism with happiness.
S UPPLY-S IDE ECONOMICS is a school of macroeconomic thought that argues that economic growth can be
most effectively created using incentives for people to produce (supply) goods and services, such as adjusting income
tax and capital gains tax rates. Supply-side economics is often conflated with trickle-down economics, now a derogatory
[2]
term given to right-leaning economists' views. The term supply-side economics was coined by journalist Jude
Wanniski in 1975, and popularized the ideas of economists Robert M undell and Arthur Laffer.
The typical policy recommendation of supply-side economics is the reduction of marginal tax rates. According to
proponents increased private investment generally brings higher productivity, which increases economic growth, and
[3]
lowers costs for consumers.
It is important to understand that both supply side and demand side economic theory have nothing necessarily to do with sharing
wealth within the population, they are just debates about how best to accomplish the goal of capitalism, to enrich its operators. It so
happens that the way that supply side economics has been implemented has caused more destructive effects in a shorter period of time as
opposed to the other method. In the end both lead to the destruction of the environment, overuse of resources, richer owners and poorer
workers. Along with that there is cooperation [collusion] between government lawmakers, and corporations to acquire more raw materials
and receive favorable taxing status; and at the same time banking companies collude to work together to facilitate credit in order to move the
supply of stuff even if there is no need or demand for it. The collusion of government and business is fascism.

The following quote by Benito M ussolini illustrates the ultimate fascist agenda of collectivizing the resources and national sovereignty
of the worlds nations under the elite rule into a form of fascist collective.

Benito Mussolini ( 1883-1945) over the course of his lifetime went from Socialism - he was editor of Avanti, a socialist newspaper - to the leadership of a new
political movement called "fascism" [after "fasces", the symbol of bound sticks used a totem of power in ancient Rome]. Mussolini came to power after the "March
on Rome" in 1922, and was appointed Prime Minister by King Victor Emmanuel. In 1932 Mussolini wrote ( with the help of Giovanni Gentile) and entry for the
Italian Encyclopedia on the definition of fascism.

"Given that the nineteenth century was the century of Socialism, of Liberalism, and of Democracy, it does not necessarily follow that the twentieth
century must also be a century of Socialism, Liberalism and Democracy: political doctrines pass, but humanity remains, and it may rather be expected
that this will be a century of authority...a century of Fascism. For if the nineteenth century was a century of individualism it may be expected that this
[4]
will be the century of collectivism and hence the century of the State....

Therefore the system of government of the United States can not be considered as a democracy but rather something else. This is
why so many products are produced and advertising is geared not to inform potential customers of products they actually need but to
producing more desires in the population for the products even if the need never existed before. This ever expanding model of economics is
unsustainable since it would eventually consume all the natural resources and having done that would collapse. This model also emphasizes
profits at the cost of wage reduction which forces reduction in income and eventually depression since the worker becomes unemployed or
working fir slave wages. This model involves the theory of giving tax breaks to the wealthy with the idea they will reinvest and make new
companies and make new jobs that would trickle down to the masses; so this form of economic system was also referred to as trickle
down economics. During the 1980 election while competing with Reagan for the Republican party presidential nomination, George H.W.
Bush disparaged Reagan's supply-side policies as "voodoo economics". Though a derisive usage of the name for the religious practices of
people in Louisiana which were partially based on traditions from African religion, the term was meant to put down the nonsensical form of
economic system that was recognized even then for what it was. Nevertheless, Reagan won the election not because of his policies but for
the way he could make people feel patriotic and good about the country.

[5]
FAILURE OF REAGANOMICS
The extreme promises of supply-side economics did not materialize. President Reagan argued that because of the
effect depicted in the Laffer curve, the government could maintain expenditures, cut tax rates, and balance the budget.
This was not the case. Government revenues fell sharply from levels that would have been realized without the tax cuts.
- Karl Case & Ray Fair, Principles of Economics (2007), p. 695.

Critics of "Reaganomics" claim it failed to produce much of the exaggerated gains some supply-siders had
[6]
promised. Krugman later summarized the situation: "When Ronald Reagan was elected, the supply-siders got a
chance to try out their ideas. Unfortunately, they failed." Although he credited supply-side economics for being more
successful than monetarism which he claimed "left the economy in ruins", he stated that supply-side economics
[7]
produced results which fell "so far short of what it promised," describing the supply-side theory as "free lunches".

The earlier flawed system of economics of the United States of America was further corrupted by Reaganomics to the point where over
the next 28 years the U.S.A. saw the greatest disparity in income distribution with most of the wealth going to the top half percent of the
[8]
population. The Reagan administration presided over the greatest rise in economic inequality in twentieth century American history.
Companies closed factories and opened them abroad where they could hire people at slave wages. Eventually the population grew poorer;
the middle class began to collapse due to having only low paying service jobs instead higher paying manufacturing jobs as well as having the
social burdens of medical care placed upon individuals instead of shared by the community. The tax cuts to the wealthy and government
overspending led to unsustainable deficits and national debt which led to the U.S.A. becoming a greatest debtor nation in the world. All of
this sets the stage for the collapse of the currency, hence the DOLLAR CRISIS and the collapse of the middle class that is already
occurring as well as the collapse of the general society that is likely in the near future.
Chapter 1: The Economic Crisis: What is Happening Now and Why? The Fallacy &
Failure of Capitalism, Privatization, Consumerism and Free Trade

T he economies of the U.S.A. and the European nations emerged to become the richest in the world because of slave labor.
Originally, those nations enslaved their own people through serfdom in the medieval and dark ages, and later through indentured
service. Later, with the discovery of the Americas and the exploration of Africa, those lands were taken by force from their inhabitants
and the Native Americans and Africans were enslaved to produce goods at cost, from which the plantation owners profited by selling to the
merchants, who also profited. Those profits were parleyed into private capital used by aristocrats to create businesses and technological
developments that led to the industrial revolution. Along the way, those aristocrats developed into an oligarchy that controls the
[9]
government, and they are backed by a plutocracy that controls the world economy via a corpocracy by means of philosophies that
include free trade, fiat money [flexible currency] and capitalism. These philosophies have helped the Western countries to become wealthy,
but have not shielded them from wars and economic depressions, and have not provided safety, equality and prosperity for all or most of
their populations. This movement has led to economic conditions that are complicated and pose great threats to national as well as
international peace and stability.

The capitalist [greed, power and wealth] seeking agenda has sought to gain control of the world through economic slavery [subsistence
wages, usurpation of a countrys raw materials] and economic undermining of other countries by destabilizing their governments and then
saddling them with economically crippling loans from the International M onetary Fund, the World Bank and other proxy institutions. That
in itself has caused war, torture, killings either directly by using the U.S.A. armed forces to conquer other countries or by fomenting coup
d'tats in other countries by supporting dictators who will favor U.S.A. political and economic goals. Overreaching in this way has lead to
an unprecedented development of a military industrial complex, which drives the fear, warmongering, profiteering and deficit
spending culture of the Western countries, and in particular the U.S.A.

The modern Western cultures have sought to develop governments and economic systems that will produce opportunities for
developing prosperity and wealth through a growth and expansion model of economies. The U.S.A., as a country, has developed with that
mentality, from its inception, fueled by people desiring to be rich even beyond the capacity to use the wealth or caring much about the
ethical means to achieve it. In a sustainable society, the economy is not driven by endless growth because that is unrealistic and it forces
periods of growth and recession or depression. In a sustainable culture, the relative values of items would stay the same and the society
would not be plagued by inflations and depressions, but in such a society there can be no fabulously rich people. There would be more even
spreading of the wealth, and consequently less strife. In order to keep proper fiscal management and budgeting, one should not spend more
money than one has or will have in the near future. If one does go into debt, that will leave one prey to the fluctuations of the economy and
the desires of the person holding the mortgage. So economic debt is a form of slavery, and the more debt, the more slavery is strengthened
and expanded. Interdependence of economic interaction such as international trade can be positive if it is even trade, but can lead to
economic disparity, imbalance and vulnerability of the national economy if left unregulated. The greed of large corporations drove the move
towards banking fraud and trade imbalances that pose serious threats to the U.S.A. economy.

DEFINITIONS

For clarity, and better understanding this section on economics the following definitions are included. The economy of the United States
of America has three important kinds of dept problems. First is the budget deficit.
[10]
budget deficit n : an excess of expenditures over revenues.
When the government spends over its limit it goes into dept. The annual budget deficit accumulates and turns into the national debt.
[11]
national debt n. The total financial obligations of a national government.

If a government engages in proper economic management they may develop an annual budget surplus [have money left over after regular
expenses at the end of the year]; they can use that to pay towards the national debt if there is one. If they do not (governments spends more
money than takes in as taxes or revenues) the governments is operating at a deficit and debt goes up even if they do not add to it because
the debt has creditors [banks, other countries] and they charge interest on the debt.. The outstanding Public Debt as of Jul. 16, 2006 at
07:08:10 AM GM T was: $8,420,762,290,568.93 (8.4 Trillion Dollars). This means that if the estimated population of the United States is
299,111,866, each citizen's share of this debt was $28,152.55, on that date. The National Debt has continued to increase an average of $1.69
[12]
billion per day since September 30, 2005!

trade deficit: The amount of goods and services that a country imports that is in excess of the amount of goods and
services it exports. Large trade deficits may result in unemployment and a reduction in economic growth in the country
[13]
with the deficit.

In the year 1971, the U.S.A. abandoned the gold standard. Since abandoning gold backing of the dollar in August of 1971, the country
embarked on one of history's greatest experiments in fiat money. Since that day in 1971, debt and credit of every kind expanded at all levels
of society. The Federal Reserve Note [U.S. Dollar] has had 96% of its original 1913 value eroded due to inflation, according to the CPI.
Essentially, the loss of purchasing power in the economy has been caused by the system of economy that has been put in place. It is not
natural or absolute, but contrived. Yet most ignorant consumers are content to blame greedy business men for raising prices every year. The
United States dollar was once defined as a specific weight of gold or silver, but the years 1913 to 1971 gradually came to be defined by the
Federal Reserve Note (FRN) fiat currency principle.

The U.S. Federal Reserve System is a banking consortium created by the Federal Reserve Act in 1913. The rich corporation owners of
that time, such as Henry Ford, Rockefeller, and bankers such as J. P. M organ and others pushed for a central bank to provide investment
capital to the economy [for their companies to expand] as well as prevent speculative and unstable private banking that produced many
bank failures. So the Federal Reserve (Fed) was supposedly created to provide liquidity [more money] in the economy or contraction in the
monetary supply when conditions required that, or otherwise controlling the economy [inflation-deflation] when needed. It is a corporation
chartered by the U.S.A. Congress and given, by them, the exclusive franchise to create the nations money. The Fed is a hybrid system of
banks that pool their capital in the Fed. The national board of the Fed is appointed by the President and approved by Congress. Essentially,
it is a collaboration of the government and business. The member banks that are members of the Fed purchase stock certificates in
proportion to the capital they put in. In order to get the bill passed, the sponsors of the bill, in Congress, agreed to put in restrictions. The
bill was originally enacted into law with provisions that restricted the capacity to the Fed to create money out of thin air. Since the
Federal Reserve Act was passed, it was amended over 100 times and the restrictive provisions were gutted and new provisions favorable
to government expansion, banking and corporations, were quietly passed in Congress that expanded the power of the Federal Reserve
System beyond the original enactment.

The central banks in Europe are not hybrids, but serve the same function and also create money out of thin air. Nevertheless, in the
time since the creation of the Fed, the U.S.A. economy did not remain stable as it was projected to be through the Fed. It experienced the
crashes of 1921, 1929, great depression of 1931-1939, recessions of 1953, 1957, 1969, 1975, 1981, and the stock market Black M onday
in 1987. The U.S.A. economy also experienced the highest personal debt than ever before, private and personal bankruptcies at record highs,
interest on national debt that consumes almost half of the tax dollars, and banks and savings and loans have failed more than in the past. So
the stated objectives of the Fed have not been achieved for the economy, but the wealthy power elites holding the reigns of government,
banks [the large banks of the east coast {money center banks} that now have branches all over the world-Ex. Chase M anhattan Bank] and
transnational corporations have prospered. The Federal Reserve System, instead of democratizing money policy and taking power away
from the big banks and large corporations, insured their control over the economy and expanded their economic power and profits. The big
banks consolidated their control over the smaller ones by becoming their regulators.

The U.S.A. has managed to get the entire world to base its economy on the U.S. Dollar. After World War II, t he U.S.A. was the
strongest nation; it had a trade surplus. They produced many manufactured goods and brought in more money than was spent. Today there
is a monumental trade deficit because the U.S.A. population spends more than it brings in through exports. This problem of trade deficits
exploded when deregulations by President Ronald Reagan in the 1980s reduced tariffs on imported goods at the behest of business leaders,
saying that that policy was isolationist. While other countries retained their tariffs, the U.S.A. left them low. This benefited businesses
like Wal-M art, which could import cheap goods. But the trade deficits increased dramatically and that hurt the value of the dollar. So the
value of the dollar is dwindling every year, meaning it purchases less and less. China and Japan have been supporting the dollar by
purchasing US Treasury Notes, a form of investment in the U.S. Dollar, banking on the growth potential of the U.S.A. economy.
However, U.S.A. corporations have exported manufacturing jobs for many years [seeking greater profit through lower wages abroad] and
now there are more service [low paying] jobs in the U.S.A. than manufacturing [high paying] jobs. So the dollar purchases less and people
have less money to purchase things with and save. How degraded is the condition of the U.S.A. economy? In the book Empire of Debt:
The Rise of an Epic Financial Crisis (Nov 11, 2005) the authors, Addison Wiggin and Bill Bonner point out that:

It is deeply unpleasant to consider the fact that the U.S. continues to rack up another $80 million of debt every hour, or
that our trade deficit has hit an all time high of $725.8 billion.
The renowned Levy Institute estimates that the United States will owe foreigners $8 trillion by 2008, a breathtaking 60
percent of our gross domestic product.

If the U.S. dollar should become devalued for any reason to a certain extent, the foreign investors could sell and invest in other
currencies. If that were to happen, the value of the U.S. Dollar would plummet because the dollars would flood the world currency markets
and the world economy would go into a depression, and the U.S. economy would go into a more severe depression than the Great
Depression of the 1930s, because the more dollars there are, the more the value of the currency needs to be divided into more dollars,
therefore making each dollar worth even less. What most people do not talk about is the fact that in 1971, the U.S.A. government made the
decision to go off the gold standard and have an economy based on credit. It was a way to artificially expand the economic power of the
U.S.A., because if a country were to base the economy on the gold standard, and has, say 1 trillion in gold reserves, it can only print 1
trillion dollars in paper money to represent the gold held in reserves, but with a credit economy it can print unlimited dollars backed by
nothing of value except the idea that it can have a future value if the economy keeps on growing, expanding, etc. To grow and expand, there
need to be new markets and more money to develop them. Now that there is printed paper money [with no real value], all that was needed
was new markets, so the move started in earnest in the late 1960s and early 1970s to economically subjugate other countries by
destabilizing their governments so a coherent national economic policy could not be developed [so those countries could not develop a
manufacturing base to compete with the U.S.A.] and force them to accept loans from the I.M .F. or the World Bank, and to remain indebted
[14]
and dependent upon the U.S.A. and U.S.A corporations for the products they needed.

Here we may recall the words of Lewis M umford, who spoke about how the major corporations contrive to maintain mass production.
This ties into the imperialist and neocolonial efforts to stifle independent development in developing countries, discussed above.

The techniques used to perpetuate consumerism in reality are unethical devises for sustaining a myth of technological benefit, while at
the same time promoting more commerce that would not ordinarily occur. In other words, greed has corrupted commerce such that
technological advancements, which would have normally led to higher quality and lower production [since fewer products would be needed
because the older ones would work longer], are not allowed to be implemented in the economy. In other words, the creation and maintenance
of world markets by subjugating other countries is an artificial form of free market system, otherwise said, it is actually corruption of the
concept of free markets. In fact, there is no such thing as a free market where the multinational corporations are involved. They would have
too much to lose by allowing the market to be free, so it has to be rigged to their advantage. Thus, the propaganda of corporate and
technological benefit to society belies the true effect of those institutions, which is to hold back advancement, and even to promote
devolution by the destruction of resources that occurs through overproduction and over-consumption.

The U.S.A. introduced major credit cards and other credit for consumers to purchase goods in the 1960s. Now in the early 21st century,
the U.S.A. population has the highest level of debt and lowest savings in history, and the desire to spend has not abated. What would
happen if a household spends $4,000 for every $2,000 that comes in through wages income to the home? The home becomes bankrupt very
[15]
soon. And the trade deficit only accelerates the speed of decline in the dollar's value. This means that the U.S.A. economy is bankrupt
and is only sustained by the confidence in the U.S.A. economy by foreign investors. If confidence should fall, the economy falls, and the
U.S.A. would no longer be self-sufficient. It depends on oil imports to produce food crops and to sustain the lower levels of manufacturing,
so the consequences of a financial collapse would affect everyone, but more so those who are in debt or without the capacity for self-
sufficiency. M any people would go insane or commit suicide due to mounting un-payable debt, and the very rich would only suffer
physically if there were a social revolution caused by the economic debacle that would cause people at large to violently depose them from
their positions of power and remove them from their gated communities. But their income and the value of their assets and savings would be
reduced, as it was during the Great Depression of the 1930s. However, if a person has 10 million dollars and their assets are reduced to 3
million, they still remain millionaires. But if a person has assets of $300,000 and those assets go down to $50,000 then that person could be
in dire straights. Nevertheless, the looming economic collapse would be much more severe than any earlier depression. This is why, in times
of financial decline, many wealthy people choose to move their assets into tangible commodities and hard currencies backed by real material
goods, or precious metals such as gold or silver. During times of financial crisis or devaluations of currency, those assets have real value
instead of paper money which in itself has no value.

The conventional wisdom has been that because China has so much invested in the U.S. economy in currency but also in the fact that the
same money it invests in the U.S. Treasury Notes is the same money used to purchase Chinese goods that the Chinese would not like to see
the economy of the U.S.A. fail. There is also the notion that China would not like to see the U.S. economy fail because that would depress
or cause the Chinese market to fail also, because the U.S.A. population would not be able to buy cheap goods from China anymore, through
such outlets as Wal-M art. Within the past two years, China has moved to diversify its investments, moving away from investing in the U.S.
dollar and into more stable currencies such as the European Euro, a move that raised tensions in world economic markets. M any other
governments have been quietly exchanging the U.S. Dollar for other more stable currencies.

2005 China Revaluation. Yuan Revaluation - Euro's Big Moment?

As China moves towards pegging the CNY to a basket of currencies or floating the Yuan, there could be a notable impact on the Euro . China is the second
largest holder of US Treasury debt, approximately $191 billion second only to Japan and Euro Zone. A revaluation of the Yuan will force Chinese policy makers to
sell a least part of their US dollar holdings and buy euros and/or yen. Currently there is a growing shift by different countries to diversify their foreign exchange
reserves away from dollar and including an increasing amount of Euro s in their mix of currencies. So far we know that Russia will be readjusting their dollar
denominated reserve holdings. South Africa an d India are also suspected of dumping US treasuries. According to the latest Bank of International Settlements
report, oil exporters have reduced their dollar holdings over the past 3 years. Central banks in the Middle East have exchanged some dollar reserves for euros to
avoid incurring losses related to the slide in the dollar. Although the euro was only launched in 1999, it has since become the world's second most popular
reserve currency. As time passes, we expect more central banks to hold an increasing number of euros as they adjust their reserve holdings to reflect their trade
flows. For China, their mix will continue to include the dollar, but by a diminished capacity. However, they are also expected to increase their holdings of Japanese
[16]
yen and the euro.

The Attack on the U.S. Dollar and Energy Needs by Alan Caruba
March 19, 2006 09:34 AM EST

As David J. Jonsson, the author of Clash of Ideologies, pointed out in a recent article, the United States relies on approximately 70 percent of all foreign-
exchange currency to be held in dollars because we sell Treasury debt into that foreign-exchange market. A flight of foreign-exchange reserves away from the
[17]
dollar would depress its value and, conversely potentially increase the value of the Euro by 20 to 40 percent.
The sensitivity and volatility of the dollar to the Chinese purchases of U.S. Treasury notes was demonstrated in April of 2006:

The U.S. Dollar fell sharply against the euro and yen in Asia, partly due to a media report suggesting China might
reduce its purchases of U.S. treasury holdings.
[18]
International News Network World Report- 4/19/06

Up until 1971, the various governments on the world market adhered to the Bretton Woods system of monetary management which
used a managed Gold Standard. Some economists would like to return to a Bretton Woodsstyle system, so as to reduce the volatility of
currencies. However, the reason it was supposedly dropped is that its government-ordained exchange ratio is unworkable. This has led
followers of Austrian economists theory such as Ludwig von M ises, Friedrich Hayek and M urray Rothbard to promulgate the idea of a
complete freeing up of the gold price in the market from a state-decreed exchange rate, as well as putting an end to the monopoly on the
issuance of gold currency by the government.

The Great Depression was a massive global economic depression (or recession) that occurred from the year 1929 to 1941. It affected
the whole of the industrialized world, as well as the trading partners in peripheral nations. The most important crash in the 20th century was
the 1929 crash in which the Dow Jones Industrial Average dropped 50%; this crash preceded the Great Depression. In succeeding years, the
Dow Jones dropped a total of over 85%. A stock market crash is a sudden loss of value of shares of stocks of corporations. The stock
market system is akin to an auction; sometimes people overbid for an item that they want. They can recover the price they paid if there are
others who want the item for the price they paid or a higher price, or if they can hold onto the item until it appreciates to the higher
overpriced level. If the price is overvalued, eventually other people do not want it, so there are no buyers. People may loose confidence in
the stock market because the prices are inflated, and those holding the stock need to sell at a loss. Emotional selling driven by panic can lead
to undermining the market, and people want out to get their money out of the stock market before everybody else sells, i.e. while they can
still get something for the stock, and the prices go lower or dwindle to almost nothing, and they lose everything they invested. So the stock
market is volatile, risky and prone to inflated prices, like a pyramid scheme in which all is ok as long as there is someone at the bottom
willing to buy in. If there is no one to buy, the prices go down because demand is low and prices correct to their supposedly true levels,
i.e. their true market price without the emotional or speculative investing. So crashes often follow speculative stock market bubbles, such as
the recent dot-com boom and general market downturn in the years 2000-2002.

In truth Roosevelt had foreseen from early in his P residency that only a solution to the international trade problem would finally end the
depression, and that the New Deal was, to no small extent, a "holding action". He contemplated precipitating a war with Japan early on, in hopes of
dealing with the problem early. However, the intensity of the economic crisis convinced him that before the world situation could be dealt with, the
United States would have to put its own fiscal house back in order. His original conception was that the New Deal would restore circumstances which
would allow for a return to balanced budgets and an international gold standard. It was only gradually that he came to the conclusion that it was
essential to remake the U.S. economy in a more extensive fashion, particularly because of the "Roosevelt Recession" of 1937, when he had balanced the
[19]
budget by restricting fiscal support to the economy.

During the period of the Great Depression president Roosevelt knew that he needed to increase government spending to stimulate the
economy out of the depression, and that the international trade problems with other countries needed to be resolved as well in order to have
a more permanent solution to the problems that led to the depression. He considered engaging the U.S.A. to war with Japan years before the
U.S.A. officially entered World War II, but there was a strong isolationist sentiment in the country. Prior to the war, the U.S.A. economy
was transformed and geared towards supplying the European allies of the U.S.A. with munitions and other war supplies, and that began to
stimulate the U.S.A. economy before the U.S.A. entered the war. So delaying the entry into the war allowed the retooling of industry to
produce vast quantities of weapons. This was all accomplished through massive public expenditures and deficit spending. As a consequence
of these actions, unemployment in the U.S.A. was reducedfrom 19% in 1938 (which was already down from a peak of 1933's 24.9%) to
1.2% in 1944as the labor force grew by ten million.

Along with deficit spending, Roosevelt applied socialist economic principles through his New Deal program, the reverse of the
capitalist principles that had precipitated the Great Depression, in order to stimulate more even distribution of wealth in the economy. For
[20]
that he was accused of turning America into a socialist or even Stalinist state. So it is ironic that anti-capitalist measures are needed to
reverse the disastrous effects of capitalistic free market corporate driven economics, but those measures are only used when there is a
financial crisis and not to promote sustainable equitable economics. See below:

[21]
New Deal programs sought to stimulate demand and provide work and relief for the impoverished through increased government spending, by:
instituting regulations which ended what was called "cut throat competition" (in which large players supposedly used
predatory pricing to drive out small players);
creating regulations which would raise the wages of ordinary workers, to redistribute wealth so that more people could
purchase products.
The original implementation, in the form of the National Recovery Act, brought in direct unemployment relief, and allowed:
business to set price codes;
the NRA board to set labor codes and standards;
the Federal government to insure the banking system and provide price supports for agriculture and mining.

World War II was a boon for the U.S.A. economy because the U.S.A. government was able to stimulate the economy through selling
supplies to fight the war [profiteering] without domestic danger from damage due to bombings or combat on U.S.A. soil from the war itself.
Only people were lost, as people were lost in the previous wars. So, it is no surprise that the U.S.A. economy became the most powerful,
because it was intact and exported the supplies to reconstruct and sustain other countries after the war. However, just as the British
economy plunged after many years of imperialism that had propelled the British pound to become the standard currency for the world
economy [reserve currency status], the U.S. dollar is headed for devaluation due to fiscal mismanagement, but the consequences are much
more dire because of the dependency on the dollar by the U.S. Domestic economy and the worldwide markets.
Reserve currency status, however, is not without its risks. While the United Kingdom enjoyed economic benefits through the 19th Century up until 1914 from
the strength of the British P ound and its reserve currency status, the relative weakening of the UK and strengthening of the US economies in the inter-war and post-
war periods caused the shift in currency reserves, culminating in a 30% devaluation of the British P ound in 1949 which ended the dominance of the British P ound
as a world currency. Weighed down by the debts of fighting World War II , and without the benefits of reserve currency status, the United Kingdom struggled to
rebuild its economy, entering a period of economic slowdown and decline that would last over three decades.
If, as many economists are speculating, current weakness in the dollar were to cause the shift of foreign exchange reserves or oil pricing into another currency
[22]
such as the Euro, then the reserve currency advantage would also switch to the European Union.

Experts of Standard & Poor's forecast a global economic collapse.


The collapse will be caused with the demise of the US dollar rate against the European currency by more than 30
percent. The dollar, specialists say, may lose almost 45 percent of its current value against the euro. The European
Central Bank has expressed its concerns with the forecast from Standard & Poor's. The European financial specialists
say that the demise of American currency will endanger the global economy on the whole.
[23]
Pravda Online, Wednesday, February 01, 2006.

The recent and unprecedented warning from S&P is seen as serious because that organization is one of the most important financial
research organizations of the world economy. Despite the efforts to stem the decline of the dollar by controlling Iraq, the U.S.
[24]
Dollar continued to fall until the S&P issued the warning of the impending collapse of the dollar and the repercussions for the world
economy. M eanwhile, the U.S. government has no comment and no advice to offer its people related to any adjustments needed to the
economy, but rather the current president, George W. Bush, and his Republican Party cohorts continued to ask the population to spend
money and keep the economy going as a patriotic measure [especially right after the attack on the World Trade Center in New York on
9/11/01], call for tax cuts to the richest segments of the population and corporations, and raise military spending beyond all previous
records; those are all moves that independent economists say will surely have the effect of making the economy worse. Unbridled consumer
spending and businesses importing goods at a deficit may help corporations in the short term, but it does not help the economy in a
fundamental and long term way; what are needed are more trade balance and more personal savings. Joan Robinson, a well-known economist
in the 1920-1930s close to John M aynard Keynes said:

"If the capital inflows merely permit an excess of consumption over production, the economy is on the road to ruin.
[25]
If they permit an excess of investment over home saving, the result depends on the nature of the investment."

The U.S.A. economy has engaged in excess of consumption over production. That, coupled with other financial mismanagement has
promoted a negative economic condition. The continued budget deficit, which is different from the trade deficit, makes the situation worse
because the interest on the deficit money must be paid, and estimates show that the current spending and tax cuts have already created a
situation wherein the current population will not be able to repay the deficit. It will need to be transferred to the taxes for the children of the
current population and future generations, and that is considering that there will not be a financial collapse, that the current levels of income
will be maintained, and that at some point the deficits must be reversed. Otherwise, the population would face perpetual deficit economies
that would prevent financing for infrastructure and services, which would force the country to become dilapidated in infrastructure and
limited in human services that especially the indigent, sick, elderly and the young depend on.

While it may be argued that a person with little training in economics can easily figure out that if you spend money without having
income there will be a deficit, the proponents of tax cuts continue to propose making the current ones permanent and instituting new ones
even when confronted with evidence as to the damage it does to the economy.
The Congressional Budget Office (CBO) has estimated that extending the Bush tax cuts of 2001-2003 beyond
[26]
their 2010 expiration would increase deficits by $1.8 trillion dollars over the following decade. The CBO also
completed a study in 2005 analyzing a hypothetical 10% income tax cut and concluded that under various scenarios there
would be minimal offsets to the loss of revenue. In other words, deficits would increase by nearly the same amount as the tax
[27]
cut in the first five years, with limited feedback revenue thereafter.
The U.S. Bears A Greater Debt Load Now Than During The Great Depression
US debt of consumers, businesses, governments and financial institutions exceeded $40 trillion in 2006, compared with only $11
trillion in output. The nation's debt more than triples its gross domestic product. Compare that to 1933 when debt was only 2
1/2 times the GDP. Also, with the lowest interest rates in four decades applied to this debt, we can only look forward to it
[28]
growing larger when those rates rise.

As of the date February 11-12, 2006:


US Trade Deficit Continues To Increase
The Commerce Department reported Friday that the gap between what America sells abroad and what it imports rose to $725.8 billion last year, up by 17.5 percent
from the previous record of $617.6 billion set in 2004.
It marked the fourth consecutive year that America's trade deficit has set a record as American consumers continued their seemingly insatiable demand for all
things foreign from new cars to televisions and electronic goods.
The increased foreign competition has helped to keep the lid on prices in this country, but critics say the rising trade deficit is a major factor in the loss of
nearly 3 million manufacturing jobs since mid-2000 as U.S. companies moved production overseas to lower-waged nations. Many economists believe those
manufacturing jobs will never come back.
"Such a huge trade gap undercuts domestic manufacturing and destroys good U.S. jobs," said Richard Trumka, secretary-treasurer of labor's AFL-CIO.
"America's gargantuan trade deficit is a weight around American workers' necks that is pulling them into a cycle of debt, bankruptcy and low-wage service
[29]
jobs."

If we are to understand that a person can proceed with an erroneous idea not knowing it is erroneous what could we say when the
person is informed of the error and confronted with evidence of the error and yet they continue to promote the same ideas and policies now
understanding the consequences? Are we dealing with mental illness, like a moron in the psychological application of the term? [ Psychology.
[30]
or are we perhaps dealing with
a person of borderline intelligence in a former classification of mental retardation, having an intelligence quotient of 50 to 69.]
willful criminality? Or is it ideological blindness, the pursuit of ideal without the benefit of intellectual, moral or ethical review?

B ill Clinton on ideology v. philosophy


"We believe in a politics...dominated by evidence and argument. There is a big difference between a philosophy and an ideology on the right or the
left. If you have a philosophy, it generally pushes you in a certain direction or another. But like all philosophers, you want to engage in discussion and
argument. You are open to evidence, to new learning. And you are certainly open to debate the practical applications of your philosophy."
"The problem with ideology is if you got an ideology, you already got your mind made up, you know all the answers, and that makes evidence irrelevant
and argument a waste of time, so you tend to govern by assertion and attack. The problem with that is that discourages thinking and gives you bad
[31]
results." Bill Clinton

Leaving aside the factor of the violations, throughout the history of the United States of America against its own people and that of
other countries in the form of subversion, destabilization, wars and other forms of economic exploitation, having been perpetrated by
democrats and republicans alike, M r. Clinton did express a sound intellectual concept, the difference between an ideological perspective and
a philosophical one, but in the political arena it is not so simple because oftentimes people can hold ideological positions not necessarily
because they believe in them blindly but because they are self-serving to the egoistic aims of the person who may hold deep seated
convictions or may just want to advance their own goals and or the goals of their group to the expense of others. If we agree that those who
have instituted ideologies that are proven to be inherently erroneous but still continue to uphold those ideals we might consider them as
being willfully perpetrating an error, an injustice; and we could add the policy of creating fiat money to the list of willful ideological acts
since fiat currency is also a well known fallacious instrument of economics. Yet it must be understood that in an ordinary economy there
would be no way to create the vast amounts of wealth without the institution of the false ideals and false economic policies and
governmental structures; we are therefore led back to the higher purpose, redistribution of wealth and accumulation of power by weakening
the masses, the infrastructure and the social safety nets of society. This is done by creating a system of fiat currency with inflation and
shifting the burden of social needs [medical care, utilities, etc.] to individuals instead of to the community, through privatization and
submitting them to the vagaries of the market economy wherein corporations vie for contracts to provide social services, all the while
scheming ways to reduce costs and services, thereby hurting the population (consumers).

The Federal Reserve of the USA acts as a central bank of the country. The main activity of the Federal Reserve is that it raises and
lowers the funds rate to slow down or to speed up economic growth. At least that's the idea. The Federal Reserve operates by the logic that
when the economic activity grows too fast (too much lending, prices rising too quickly), you see inflation. To slow inflation down, the Fed
raises the funds rate. This makes it more expensive to borrow money, by increasing the interest rate paid on borrowed money. High interest
rates lead to a slowdown in bank lending, because fewer people could afford to pay the cost of borrowing money. Bank lending is what
actually creates new money, not the Federal Reserve and not the US Treasury or the US M int. When the Fed says it's going to "crank up
the printing presses," it really means it's going to lower the interest rate on borrowed money. It hopes that by doing so it will encourage
[32]
banks to make more loans to the public and corporations. It's this lending that creates money "out of thin air." Money that comes "out of
thin air" is also referred to by some economists as flexible currency.

paper money eventually goes down to its intrinsic value zero.


~ Voltaire 1729 A.C.E.

Flexible currency also means the capacity to print money at will. Since the inception of the U.S. Federal Reserve, the member banks
embarked on a program of using the new capacity to acquire flexible currency to entice businesses to borrow money instead of using their
own savings. Prior to the creation of the Fed, there was a trend of corporations using sinking funds. Sinking funds are portions of
dividends [profits] paid to stockholders, to buy back stock or reserve until a large enough fund is created in order to build new factories, etc.,
and thereby expand the company. This is also known as private capital formation. Private capital formation is a fiscally responsible way
for a company to grow and expand. If companies use their own money, they would not need banks, and there would be no interest charge
to use the borrowed moneys. In those days, money was based on real currency like gold and not on thin air. In order to have money they
would need to have more gold in their warehouse to back it up. Because there was a set amount of money [gold], there was a set interest rate
on real money. Also, there was a set amount of paper money in circulation that was worth the same as the gold. The only way to entice the
business men was to provide them money with lower interest rates, and the only way to provide them with that was to give them money
that had no value, because then it would not matter what interest rate was on it, as it cost nothing to begin with. This is how the large banks
that joined the cartel of the Fed, which were based in the east coast of the U.S.A. in the early part of the 20th century, became mega
banks, controlling not only the U.S.A. economy, but much of the world economy as well. The activities of the Fed, enticing corporations
and businesses to borrow money, has led to the shaky conditions in which more and more businesses find themselves. If the economy
experiences fluctuations, they may not be able to service the debt and would be forced into bankruptcy, and consequently, out of business.
M any companies pay more to banks in interest than dividends [profits] to their shareholders. This means that the companies, which did the
hard work to produce the money through their enterprises, are paying and sometimes struggling to pay the banks, which did nothing of
value except provide the money which costs the banks virtually nothing!

Actually, inflation is caused by adding printed money to the economy faster than the rate of increase of goods and services. If money
were added at the same rate as productivity and population increases, that purchasing power of money would remain constant. As soon as
money was separated from anything of real value like gold or silver, the temptation has always prevailed to print more than the economy
needs for the proper economic activity. If a gold or silver standard were used, there might even be deflation periods in which the value of the
dollar would go up instead of down; with the current system that will not happen. Despite the dire condition of the dollar due to massive
deficits and private as well as governmental financial mismanagement, the new head of the Federal Reserve made statements that have been
considered by some critics as wishful thinking.

CNNM ONEY.com
Bernanke: Economy can handle dollar drop
Fed chairman says a steep decline in greenback wouldn't necessarily disrupt financial markets.
March 21, 2006: 6:51 P M EST
WASHINGTON (Reuters) - The chronic U.S. trade gap need not fuel a "precipitous" decline in the dollar, but the economy could handle it if it did, Federal
Reserve Chairman Ben Bernanke said Tuesday.
"Although U.S. trade deficits cannot continue to widen forever, these deficits need not engender a precipitous decline in the dollar, nor should such a decline,
[33]
were it to occur, necessarily disrupt financial markets, production or employment," Bernanke said in a letter to Rep. Brad Sherman, a California Democrat.

One of the most prominent examples of a deflating economy was the U.S.A. economy in the years 1930-1933 [during the beginning of
the Great Depression] when asset prices dropped 10% per year or more. So, at the beginning of the year, the value of a house worth
$100,000 would deflate to $90,000 at the end of the year. This is one of the reasons why investors in Japan began investing in gold and in
U.S.A. Treasury Notes beginning in the early 1990s, and only in 2006 did world economists and the Prime M inister of Japan say (in M arch
[34]
2006) that he thought the end was in sight. In that case, if the Japanese economy is coming out of the 15-year deflationary period, after
inflating to a comparable state as the current condition of the U.S.A. economy, what would that mean for the U.S.A. economy? Will they
now stop investing in the U.S. Treasury Notes? If that were to happen, who would take up the slack on supporting the U.S.A. debt? Of
course if nobody does that would constitute an untenable situation for the dollar.

What about the question, could a protracted deflationary period occur in the U.S.A. economy? The recently appointed head of the U.S.
Federal Reserve Board, Ben S. Bernanke, said the following remarks in the year 2002, at a time when interest rates had gone down to
historical lows in the U.S.A. [highlighted portions by Ashby]

Deflation is defined as a general decline in prices, with emphasis on the word "general." At any given time, especially in a low-inflation economy like that of
our recent experience, prices of some goods and services will be falling.
Deflation per se occurs only when price declines are so widespread that broad-based indexes of prices, such as the consumer price index, register ongoing
declines. The sources of deflation are not a mystery. Deflation is in almost all cases a side effect of a collapse of aggregate demand--a drop in spending so severe that
producers must cut prices on an ongoing basis in order to find buyers.
It is true that once the policy rate has been driven down to zero, a central bank can no longer use its traditional means of stimulating aggregate demand
and thus will be operating in less familiar territory. The central bank's inability to use its traditional methods may complicate the policymaking process and
introduce uncertainty in the size and timing of the economy's response to policy actions. Hence I agree that the situation is one to be avoided if possible.
Reserve study of the Japanese experience concluded that the deflation there was almost entirely unexpected, by both foreign and Japanese observers alike
(Ahearne et al., 2002). So, having said that deflation in the United States is highly unlikely, I would be imprudent to rule out the possibility altogether.

We must remember that t he Federal Reserve Note has lost 96% of its original 1913 value. This means that the present dollar purchases
only $.04 of the original 1913 dollar [$1.00]. Furthermore, this means that the cumulative interest rate or profit to the banks has been over
1000% on all the money, factories, houses, cars and everything else this money was used on since that time. Additionally, the interest costs
more than the item being purchased. For example, if a person were to get an $80,000 home mortgage at 6% and pay it over 30 years, the
interest on that loan comes to $93,000. The home would cost a total of $173,000. If we multiply this interest figure by the number of homes
in the U.S.A., we get a staggering number. We must remember that that interest payment is on money that the bank got for free. Therefore
we must conclude that the current banking system is perhaps one of the most usurious and insidious forms of economic commerce that has
ever been devised, even if we consider loan sharking or other forms of organized crime, because the banking system makes money on all
money, the legitimate as well as the illegitimate; the loan shark worked to get the money he loaned out, but the bank did not. This situation
can only be compared to a barbarism such as the Vikings pillaging Europe; they would rape and pillage a country and take all the wealth, but
at least they had to fight for it. Here, the bank just pays its expenses and manages paper, wherein people have signed their rights away and
have consented to pay them the usurious fees. What occurred at the beginning of the 20th and 21st centuries was foreseen by some of the
founders of the U.S.A. [Highlights by Ashby]

Thomas Jefferson, third P resident (1801-1809) of the U.S.A.:

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks...will deprive the people
of all property until their children wake-up homeless on the continent their Fathers conquered.... The issuing power of money should be taken from the banks and
restored to the people, to whom it properly belongs."
... "A private central bank issuing the public currency is a greater menace to the liberties of the people than a standing army."

James Madison, fourth P resident (1809-1817) of the U.S.A.:

"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over
governments by controlling money and its issuance."

The printing of money out of thin air actually constitutes a tax. It is an insidious tax that consumes the entire economy, but hurts
those who do not have access to the initial buying power of the money. When the treasury prints money and deposits it into the
government account, the government gains the first benefit. Once it is borrowed, the borrower or contractors for the government, the
corporations, get the next benefit, and the banks get their fees. Once the money is diffused throughout the economy, it has the least value
because by that time it has been added to the existing number of dollars already out in the economy. The middle class and poor get the
least value, and so the dollars they have in the bank and the ones they receive now and in the future are worth less than they were before
the new money was printed and circulated. The money is not based on anything real except an I.O.U. that it will be paid sometime in the
future. Therefore, the people are losing value over and paying interest on nothing real, nothing of value except, the paper produced by the
treasury.

People have been conditioned to believe that inflation is a part of life, like death or the sun rising in the morning. They are given meager
cost of living increases in the minimum wage, but those increases do not keep up with the real state of the economy, so no one can live on
minimum wage and pay rent, food, utilities, etc. Those increases are always behind the inflation, and never given as inflation occurs, so
that is why people are always behind on their bills and never can catch up, barely trying to keep their heads above water. This is also why
currently in the U.S.A, two incomes at least are needed to support a home on average wages, and why children are often neglected; both
parents need to be working, and therefore, the children are reared by television and open to other pernicious dangers in early life, like
predatory adults, negative peer pressure, malnutrition, or they may develop depression, anxiety, feelings of abandonment or being
unloved, etc. These conditions may lead children to seek love through sex, drugs or getting pregnant to have somebody be with them, or
they may develop negative social skills that might lead them to fail in relationships, jobs, etc. So through this strategy, the government and
the wealthy can have more money, and the population is used to pay for it, but the money is not taken as a legislated tax because that
would be unpopular and would precipitate a revolt. This system works as long as the economy is expanding and as long as the economic
environment remains the same, so that the masses of people can maintain subsistence level existence with the dream of doing better.
If the population fluctuates [as populations naturally do], the system would collapse or crash regularly, as in a pyramid scheme. Thus,
the government compensates for the shortfall in the population by admitting new immigrants. If immigrants stop entering the U.S.A., the
economy would contract and the system would collapse under the weight of the massive federal debt that cannot be paid, even with the
current amount of people in the population. If other countries want to expand in the same way, and have wealth [like the U.S.A. has
done], then the competition will necessarily reduce to the incapacity of having expansion in money [inflation] through trade deficits. If the
countries that own Treasury Notes [subsidizing the national debt and trade deficits] stop buying them, the U.S.A. economy would stop
and reverse immediately. If the countries that own Treasury Notes decide they want to liquidate those notes, it would produce a financial
crisis of majestic proportions, because the money is not there to pay them, and the standard of living in the U.S.A. would be lost.

Another consideration is that the Federal Reserve System is written as a law mandated by the government, so that any bank failures
that may arise are guaranteed by the government. This means that if a bank fails, as many have, the government must step in and pay
the depositors. So banks or bank officers do not lose; the government prints new money to cover the losses [bail them out] and the
citizens [taxpayers] must pay that back through taxes and inflation.

[35]
In order to stem the decline of the dollar, the U.S. Federal Reserve, under the chairmanship of Alan Greenspan, slashed
[dramatically lowered] interest rates on the money supply after the recession that occurred between the years 2000 and 2003, in which
many people lost their life savings in stock investments. This led to a rash of housing refinances and inflation in housing prices and
deflation in stock prices. M uch of the money gained in home refinances was used for making other purchases such as cars, boats and
buying other real estate such as vacation homes. So that money is a loan based on the inflated price of the house, due to lower interest
rates that allow people to pay less for the same money, but the refinances that took money out of the house are like having two loans on
the house. So this situation created more debt while artificially raising the value of the economy.

the Fed announced it was worried about deflation even while real inflation of goods we need from food to energy heats up in the economy. The policy
statementwhich was nothing more than moral suasionwas an attempt by Fed officials to direct the spec community and herd them into playing the yield curve.
The result was that money moved into the long-end of the market, driving down interest rates in an explosive bond rally that took 10-year rates down to the 3%
level and drove the long bond into the 4% zone. This in turn ushered in lower mortgage rates, which led to another round of mortgage refis putting more debt
money into the hands of consumers. ..

It has become apparent that the Fed is once again trying to re-inflate the stock market bubble along with keeping the real estate bubble inflated in order to
avoid a deflationary debt collapse and another depression. Having expanded credit throughout the 90 s and now the 2000s, the Fed created a giant asset bubble
first in stocks, then in real estate. The Fed is now in a fretful state because of the consequences of seeing these bubbles deflate. The result would be the possible
collapse of the financial system and a depression. In trying to fight and prevent these two events from occurring, it is expanding credit, monetizing debt,
intervening in the financial markets, debasing the currency and using every means of persuasion to direct the markets in an effort to achieve a certain outcome. In
[36]
this one sense the U.S. economy and financial markets no longer operate freely, but are now centrally planned.

The lowering interest rates created a need for more dollars to be printed and that lowered the value of the dollar more [the more dollars in
circulation the less the value per dollar]; The continued devaluation of the dollar occurred while the value of real estate, fueled by investors
seeking rapid returns they could no longer get in the stock market, was raised in many parts of the country. This led to the rapid rise of real
estate in many parts of the U.S.A., which are far beyond the ordinary capacity of peoples income to sustain the mortgage payments.
Added to these developments, new forms of mortgages were introduced in 2001 that allowed people to purchase bigger, more expensive
houses and pay the same as they were before or less. The miracle was actually a shell game in which people were lured into adjustable rate
mortgages on which they could pay only interest. So, for example, if the payment was supposed to be $2,000 on a $200,000 house that
should have been worth only $125,000 [before the artificial inflation], but the person could not afford that $2,000 payment, they could now
pay only $700 [interest portion]. But if the interest rate were to go up and they could only afford to pay $700, the new owner would be
forced into an untenable financial crisis very quickly, possibly leading to foreclosure. Even if the interest rate did not go up, they would
never pay the mortgage down because they are paying interest only, therefore the principal amount would remain the same, and so they
would remain in debt perpetually. These manipulations of real estate with inflated values and inflated mortgages in an economy where many
people cannot afford the basic expenses of life is called the real estate bubble. M any real estate analysts and economists see a looming
collapse of the real estate market, a bursting of the bubble for many reasons. How does a real estate bubble form and how does it burst?
What has caused U.S. home prices to go up and why it's unsustainable? Houses have become what stocks were in 1999, a can't-miss way of getting rich.
Unfortunately, when you buy an asset with credit and credit itself is easy to get, the price of the asset doesn't accurately reflect its true market value. When credit
tightens, home values will find their market level.
this mortgage bubble will not affect all areas of the country in the same way. There is no such thing as a national real estate market. There are hundreds of
regional and local markets and thousands of smaller ones. In some places particularly the Northeast and the West Coast real estate prices have skyrocketed in
the last five years. In these places, home prices are on the brink of the unaffordable for the average household. The numbers will tell you the story. And in these
places, homeowners and borrowers have the most to lose in the next few years.
But bubbles have not. One key ingredient of a bubble is the belief that the asset will keep rising. It's also fueled by a bit of psychological panic: "I f I don't
get in now, I ' l l miss it! And everyone else is getting rich!"
At some tipping point in the life of a bubble, nearly everyone believes that the asset currently in favor (tulips in Renaissance Holland, Florida real estate,
technology stocks, houses) is THE ONLY WAY TO GET RICH. That's when the bubble usually pops when popular sentiment is nearly unanimous that
[37]
there's no risk to buying the asset and that it is a nearly guaranteed way to get rich.
_______________

In the early 1990's the money supply increased at about the CP I, just a few percent per year at most. But from 1995 to September 2003 the number of U.S.
dollars increased at about 8% per year, far faster than the combined rates of increase of goods and services and of the CP I. This extra currency flowed into buying
assets, thereby, pushing up asset prices. In a bubble, the principle supply-or-demand factor is the oversupply of currency. Similar increases in the amount of
currency occurred in most of the world's fiat currencies, and a worldwide bubble in asset prices developed. As of early 2004, the prices of real estate, stocks, and
bonds are all well above historical norms.
Starting in September 2003 the rate of increase in the number of US dollars has slowed to about 4% per year. A bubble requires rising asset prices to be
maintained, because once a belief develops that asset prices are not rising then many people sell assets to repay the borrowed currency they used to buy those
assets. Historically, bubbles usually end shortly after the flow of currency into the assets stops or reverses. The data thus suggests that the bubble may end in late
[38]
2004 or early 2006.

One of the dangers of the housing bubble is the unprecedented level of interest only loans that have been made within the last 4 years.
The frenzy to lend out money and the amount that has been lent out without regard to peoples ability to pay the loan back has opened
much money [1 trillion-dollars] in the economy and many borrowers to extreme risk of default and foreclosure.

P opular interest-only and adjustable-rate mortgages that have made big houses affordable at low rates to new buyers have a sinister dark side: the repayment.
According to a study by Deutsche Bank, some $300 billion in mortgage debt will enter its "adjustable" period next year. Borrowers will have to begin repaying
interest AND principal at going market interest rates. By 2007, 12% of U.S. mortgage debt, or $1 trillion, w i l l enter its adjustable period. The chief economist at
Freddie Mac, Amy Crews Cutts, even said, "I m not sure that people are being counseled on really how big of a risk they are taking." I m sure. They re not being
[39]
counseled at all. They re buying, and mortgage lenders are eager to lend.

What is even more remarkable is that the risk does not end there. In the last 2 years, it has been revealed that the two main lending
institutions - government-sponsored enterprises (GSEs) companies: Freddy M ac & Fannie M ae, have engaged in fraudulent lending
practices. Both Fannie M ae and Freddie M ac have admitted to scheming to manipulate their accounting books. The Office of Federal
Housing Enterprise Oversight (OFHEO) has also issued an interim report, which found irregularities in the GSEs. The Securities and
Exchange Commission is already involved with the investigation.

Since these institutions back the real estate market, the fraud was compounded as a ripple effect throughout the real estate market as
well as the general financial market as a whole. Through a complicated scheme, the institutions sold bonds and created a new instrument
called mortgage-backed security. Financial companies such as pension funds, life insurance companies, mutual funds, banks, etc., have
been taking real cash paid to them by shareholders, investors and future retirees and they have been buying either bonds or mortgage-backed
securities issued by GSEs. What this has done is to leave the U.S.A. economy dependent upon the financial returns for all the holders of the
mortgage-backed securities and bondholders (and therefore by extension, also savers, all the investors and shareholders represented by
them), dependent that is, on the ability of millions of homeowners to make their monthly mortgage payments. So now over $5 trillion in
corporate assets are dependent on the ability of U.S.A. homeowners (many of which are now or soon will be overextended when rather,
AS interest rates do go up) to make the monthly mortgage payment. If payments default, the GSEs are responsible for paying the bond
owners (government pension funds, Corporate America, money market mutual funds, etc.), and that would lead to the collapse of the
foundation of all real estate financinga tangled web. The problem is compounded due to the complex scheme that was set up:
Even more worrisome, over $7 trillion in household financial assets are invested in private and government pension funds funds that may or may not own
GSE bonds and mortgage-backed securities. In other words, 24% of American household financial assets are tied in with pension funds that are to some degree tied
in with the GSEs. To what degree? That is the question. The critical number is 52%. When you combine public and private pension funds with corporate equities
and mutual fund shares, you find that 52% of household financial assets are tied up with businesses whose assets are (a) variable and (b) exposed to the risks of the
[40]
GSEs.

[41] [42]
Gretchen M orgenson of The New York Times wrote about why Fannie's accounting fraud problems could be systemic of the
entire mortgage lending industry.

"Fannie Mae 's problems have implications for the entire mortgage market.. .Most of the mortgages under-written in the nation today use automated programs
designed by Fannie Mae. 'If allegations that they engineered systems for growth without regard to safety and soundness are correct, other systems, including
underwriting, appraisal, and loss mitigation systems, should be called into question as well, ' Mr. [Josh] Rosner said."

In a separate article, M s. M orgenson wrote:

Fannie Mae, the housing-finance giant, for years has fended off critics who contend that the company is too big, too powerful and too risky. But the Securities
[43]
and Exchange Commission's Wednesday ruling, that Fannie Mae had seriously breached accounting rules, could touch off a chain reaction

M any people compare the current situation with a similar one that occurred in the 1970s. Then, investors also put money into real
estate, however, today the financial conditions are different because:

in the 1970s the average cost of a house in California was $100,000 and the family income could afford that. As of 2003, the
average was $400,000 and the average income could only afford $200,000.
in the 1970s the average home equity was 70% and homeowners owed banks only 30%. As of 2003, homeowners owe almost
half.
In 1980 a family of four had only $20,000 of debt. As of 2004, the debt is now $100,000.

In mid 2003, the economic conditions described above and those that follow, related to the U.S. Dollar, prompted one of the most
successful worldwide money managers of the past 50 years, John Templeton, to say the following when he was asked about future
investment in real estate in the U.S.A.

After home prices go down to one-tenth of the highest price homeowners paid, then buy.

This would mean a severe decline that would affect the housing industry and all the related industries that produce household materials
and products. Even if the U.S. Dollar did not plummet on its own, the real estate crash would have a rippling effect on the economy that
would lead to the same outcome. Vise versa, a decline in the dollar would affect the real estate market. Either situation would have dire
consequences for world financial markets. Thus, the possible economic crises facing the world and the United States are at least three in
number: devaluation of the U.S. Dollar [financial bubble], the bursting of the real estate bubble, and the rise in oil consumption which
would cause the price of oil to rise, which would have disastrous effects on the economy in itself. The world oil supply is expected to
outstrip the demand in the year 2006, so the price of oil will not be going down again.

Unfairness of the U.S . Dollar as the Worldwide Currency Reserve

if you postulate a system that depends on one country always following the right policies, you will find that sooner or later no such country exists. The
system is eventually going to break down.
Sam Cross, US Treasury official

This system [the dollar standard] can be criticized because foreign exchange reserves are created as a consequence of balance of payment
deficits of the United States without any relationship to world reserve needs. Implicit in this is an unfair advantage to the reserve country,
the United States, because it can finance its deficits by paying in its own currency. This makes it too easy to run deficits, and it creates an
inflationary element in the monetary system, compared to the classical gold standard. By paying in its own currency, the United States
could continue to finance enormous deficits without being forced to introduce adequate deficit reducing measures. The same effect is
obtained by having oil rich countries like Saudi Arabia reinvest petrodollars in U.S.A. bonds. This is another reason that some analysts claim
that the U.S.A. government and oil companies have tried to keep the Saudi royal family in power in Saudi Arabia and also keep dictators
favorable to the U.S.A. in place in other oil rich countries. People like Hugo Chvezof Venezuela, who now wants to keep the revenues from
oil sales and reinvest the moneys to build his own country are regarded by the U.S.A. government as rogue leaders, un-democratic or radicals
and anti-American, etc.

The patent unfairness of the U.S.A.s imposition of the U.S. dollar on the world as the reserve currency stems from the fact that first of
all, the U.S. dollar is a fiat currency, and second, that it is a worthless currency due to the Federal and Trade deficits. As the U.S. prints
more money, the dollar becomes more worthless. While people send goods to the U.S., the U.S. sends them worthless paper money. It is
worthless because it is not backed by anything, such as gold or some other tangible asset. So a technically bankrupt country, the U.S.A., has
managed to get the world to believe it is the richest country in the world [which it might have been prior to the 1970s], and it sustains the
illusion through military force. In this manner, the country as a whole is swindling the economy of the world. Even though foreign countries
and investors may seem to own real estate and other assets they, like U.S. citizens, cannot take comfort in those holdings. In a financial
crisis those assets would deflate in value and in any case, the U.S. government would seize any assets they could find, including real estate,
gold, etc. [as the government did in the past] in order to compensate for any problem. That is exactly what President Roosevelt did in the
1930s during the Great Depression. The economic situation of the devalued dollar is so advanced that the deficits cannot be paid through
ordinary income, and the U.S. economy can no longer grow to sustain it because manufacturing jobs are dwindling due to U.S. corporations
moving their manufacturing plants to countries with low wages to make more money, and also moving their headquarters overseas so as to
evade paying taxes. If the U.S. government were to ask its people to buy less foreign goods, in order to reverse the trade deficit, the myth of
the American way of life, American standard of living would become an empty promise; citizens would lose confidence in the economy,
become discontented and some would even rebel. The companies that benefit from imports would be upset, which would upset the
members of Congress who would not longer receive their contributions. The American standard of living is actually one of over-
[44]
consumption, being able to acquire more material goods than are needed, having modern conveniences, being able to eat more meat , and
hoarding property that is not needed [houses have increased in size over the last 50 years and most of the area is used for storing material
objects that are not used]. M any people who came to the U.S.A. (immigrants), lured by the prospect of making money and to lead better
lives or build better futures for themselves and their families, who brought skills and expertise needed to support the economy, would go
back to their countries of origin and the U.S. population would decline as Europes is right now. Why do fiat currencies fail?

Fiat currency is created at the whim of politicians and bureaucrats. History's lesson on this point is clear: those in charge of a fiat currency always, eventually,
due to some urgent government priority, create too much of the currency and it becomes worth less, and ultimately worthless.
As a government creates more of its fiat currency then there is an increasing amount of currency to pay for the same amount of goods and services, so the prices
of the goods and services rises. The increase in the quantity of currency is called inflation', and the consequent rise in prices is measured to some degree by the
CP I (consumer price index). The value' of a currency (how many goods and services a unit of the currency can buy) depends, in the long run, on how much the
country's government inflates its currency. [45]

If the U.S. were to try a fraudulent financial strategy to get out of the predicament of repaying the deficit moneys owed, like inflating
money [printing enough to pay the debt] so that it is so worthless, making it easier to pay off the deficits or if it tried to institute two
currencies, one domestic and one foreign, as some have suggested, that would cause a massive devaluation of the dollar in which for example
it might take perhaps tens or hundreds of thousands of dollars to buy a Toyota corolla (which as of 7/16/2006 was selling for M SRP:
[46]
$14,105 - $14,905) . That would also surpass what is already the greatest swindling of the world economy in human history [reserve
currency status] and could precipitate trade embargos from other countries, if not direct conflict or even outright war against the U.S. Of
course, the war need not be with armies, but through effective strategies of economic retaliation such as boycotts, embargos or guerilla
tactics such as have been employed by so-called terrorists: insurgency, guerilla tactics, sabotage, kidnappings, etc. U.S. citizens would not
be able to travel abroad without fear of retaliation, etc. The U.S. would be through as a world power and would become isolated for one or
more generations, that is of course, if they survive the period without internal implosion and social disarray or escalate conflicts with other
countries to the extent of using weapons of mass destruction. The U.S. would be unable to import the material goods it desires and no longer
produces domestically, and would be forced to go back to a 19 th century self-sufficiency based economy. Essentially, the U.S. would revert
[47]
to a status now assigned to so-called Third World countries, as it was when it was beginning to industrialize.

The Failure of the Industrialized Economy combined with Capitalist Ideology

By encouraging industrial specialization, industrializing countries grew rapidly in population, and therefore needed sources of agricultural goods. The need
for cheap agricultural imports, in turn, further pressured states to reduce tariffs and other trade barriers, so as to be able to exchange with the industrial nations for
capital goods, such as factory machinery, which were needed to industrialize in turn. Eventually this pressured taxation systems, and pushed nations towards
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income and sales taxes, and away from tariffs. It also produced a constant downward pressure on wages, which contributed to the "agony of industrialization".

M any people believe in the solvency of the U.S.A. government. Yet at the end of his term, the famous chairman of the U.S. Federal
Reserve, Alan Greenspan (retired on January 31, 2006, after 18 years as Chairman) admitted that the economy will not sustain the post
World War II generation as they get older. He made the warning that the Congress and White House need to come up with a plan quickly to
trim M edicare and Social Security benefits that the 77 million baby boomers are planning to receive as they reach retirement age. Greenspan
said,

[49]
Greenspan S ounds Alert On S ocial S ecurity As He Exits
[50]
The benefits currently promised cannot be financed by our government and Americans born in the 20 years after World War II needed to be put on notice
to start putting away extra retirement savings during their working years. Even under the most optimistic economic assumptions of growth and productivity,
[51]
government resources will be inadequate to provide the baby boom generation with the level of benefits their parents got.

The issue of the baby boomers getting older and going into retirement and burdening the economy has direct implications for the Gross
Domestic Product, which is a measure of economic activity. As they retire they will collect pensions, Social Security and will not be
producing for the economy anymore The GDP will decrease because there be less productive workers and an older population [aging
population] burdening the economy. Under those conditions, the 6-7% of GDP that is financed by foreign investment will be definitely
unsustainable. Greenspan also continued:

"If we have promised more than our economy has the ability to deliver, ... as I fear we may have, we must recalibrate our
public programs so pending retirees have time to adjust through other channels. If we delay, the adjustments could be abrupt and
[52]
painful."

For these reasons, economists such as the Rodrigo de Rato, the head of the I.M .F., felt the need to say that the U.S.A. rate of savings
[53]
and deficit spending will be unsustainable within the next 10 years, but he added that a decade can come faster than one expects.

Fiat Currencies as the source of economic f ailure and G old as a means to compensate f or the downturn in the economy.

Although The Value Of All Currencies Goes Down In Time, Gold Naturally Increases
Gold prices remain stable over long-periods of time, while currencies normally lose 90-100 percent of their value every hundred years to inflation. A Dollar today
will buy less than ten percent of what it would in 1906, while one ounce of gold would buy the same amount of goods today as it did back then.
G old and silver are the only currencies not created and controlled by governments. All of today's other currencies (dollars, euros, yen, pounds,
renminbis, rupees, etc) are f iat' currencies, which means they do not represent anything tangible but are only worth something due to government decree
(namely legal tender laws).
All today's government currencies are fiat' currencies.

M any critics of the U.S. and Western form of faux economics [fiat currencies] that have been in existence after the rejection of the gold
standard hold that that rejection led to the coming financial debacle. If fiat currency [paper currency by government decree] were to be based
on some standard base value that is held by a government such as the gold or silver standard, etc, then governments could not print more
money than the value of the standard (gold, silver, etc.) they have in reserve. Credit would be limited and development would be slower, but
inflation and deflation would be manageable. However, it would not be possible to have deficit spending, which allows a country like the
U.S. to create vast armies, fabulously rich people and corporations, and extend imperialist designs to control the rest of the world through
colonial or neo-colonial strategies.

The gold standard is a monetary system in which the standard economic unit of account is a fixed weight of gold and currency issuers guarantee, under
specified rules, to redeem notes in that amount of gold. Nations that employ such a fixed unit of account, and which will redeem their notes to other nations in
gold, in principle, share a fixed currency relationship. The intent is to create a system that is resistant to runaway credit and debt expansion, and to enforce a system
[54]
where money cannot be created through government fiat currency, and will, therefore be safe as an alternative store of value against inflation.

The gold standard is not a perfect system, though it is better than the credit based economy founded on fiat money [false or baseless
money] used at present, which eventually has to fail [as all other fiat currencies have failed in human history!]. Gold is seen as desirable as a
backing for currency because it cannot be printed by a government, and it exists in limited predictable supplies. The U.S. government went
off the gold standard when it had to use deficit spending to get out of the depression and go to war. Previous to the use of the gold standard,
the U.S. had other systems. However, the economy fluctuated so wildly that around the turn of the century, a move was made, following
the rest of the world, to a gold standard. Then later, as stated earlier, the Federal Reserve was created to provide liquidity [more money] or
contraction in the monetary supply when conditions required it, to control the economy. The U.S. was the last of the developing nations to
[55]
accept the gold standard (in 1900), and it did so on a de jure status, meaning at their discretion.

An avid student of politics and economics should realize that the two party system as used in the U.S.A. is merely a reflection of two
approaches to the conduct of government and economics that differ only in degree and not in substance. Those progressives who want more
government regulation to control the economy and social programs are actually promoting the same thing as the conservatives who want
more control and stabilization of the economy and less of the social programs. Both are controlled by the rich, so both want policies that
increase their wealth, and will not and have never wanted to put in policies that will increase the value of money for the ordinary person.
Both want to perpetuate the capitalist system; they only differ as to how to run it, with more or less controls. In this sense, the words of
Thomas Jefferson, James M adison and their followers were not heeded. To the contrary, their opponents won the debate; the plan of
Alexander Hamilton won. He was a banker and lawyer and the most influential Secretary of the Treasury, who was instrumental in
establishing the First Bank of the United States, public credit and the foundations for American capitalism and stock and commodity
[56]
exchanges. He advocated that the Federal Government should take over the debt of the states and pay for the war of independence. In
that way those who supplied the weapons and supplies to the U.S.A. rebels would be paid. To produce revenue, Hamilton advocated that
there should be a tariff placed on imported manufactures as well as a series of excise taxes. He hoped by these measures to strengthen the
[57]
national government at the expense of the states and to tie government to men of wealth and prosperity. He also laid the foundation for
unprecedented U.S.A. economic and military power. However, Hamilton strongly advocated the abolition of slavery , which George
Washington and Thomas Jefferson did not.

Past governments that have created too much fiat currency [money out of thin air] had failed economies within 100 years or less from
the time of the fake money introduction. All fiat currencies in the past have ended up being worth very little, collapsing into hyperinflation
or threatening to. All of today's fiat currencies around the world have been fiat currencies since 1971, and all government currencies were
convertible to gold until 1971. In the 20th century, decades prior to 1971, there were no completely fiat currencies, because each currency
unit was ultimately defined as a certain weight of gold. For example, in 1971 the United States of America abandoned its commitment to pay
$35 U.S. dollars for an ounce of gold. To clarify, this means that in 1971 a U.S. dollar was worth 1/35 of one ounce of gold. As of February
2006, it is worth less than a tenth of that, about 1/550 of an ounce of gold (because gold is about U.S. $550 per ounce as of 2/2006). So
therefore historical evidence demonstrates that the issue is not if the U.S. dollar will continue to lose value, but only how quickly it loses
value.

Prior to the use of money as a means of currency in commerce, societies used barter. Barter is a type of trade where goods or services are
exchanged for a certain amount of other goods or services, i.e. there is no money involved in the transaction. It can be bilateral or multilateral
as trade. Barter trade was common in societies where no monetary system existed or in economies suffering from a very unstable currency
(as when hyperinflation hits) or a lack of currency. The disadvantage of using bilateral barter in the past was that it depended on the mutual
coincidence of wants. Also, barter becomes more and more difficult when more people become dispossessed of the means of production
needed to produce products, including their subsistence needs. For example, if money were totally abolished in the United States, most
people would have nothing of value to trade for food (since the farmer can only use so many cars, etc.) Trade and barter were primarily
[58]
reserved for trade between communities or countries.

Early civilizations did not have so many complexities in their economies. In order to organize production and the distribution of goods
and services among the population, many pre-market or pre-capitalist economies counted on tradition, community democracy or top-down
command instead of market exchanges. Nations such as Ancient Egypt used these methods. Barbarian nations such as Ancient Greece and
Rome attained supremacy by plundering other nations by war and conquest. In modern times, market imperialist nations such as Great
Britain and the United States attained supremacy by using both the army and financial manipulations of the markets, social and political
destabilization of other countries, colonialism, neo-colonialism and globalization. With the market exchange organized system of commerce,
there inevitably develops a desire by those trading in such a market to manipulate and control it to their advantage; those efforts usually end
in failure such as the debacle of the dollar. One example of controlling and devastating the economies of developing countries are the imposed
Structural Adjustment and privatization (of the countrys resources) programs. Those regulations forced those nations to produce crops
for export that the country could not use to feed itself, which created food shortages and many other problems in their economies. Another
example is the potato famine of Ireland. The famine was not caused by shortage of food, but because the price of food, relative to wages,
soared; so the food was more profitable as an export as opposed to a means to feed the people, so they were allowed to die by the greed of
the market and the inherent imperfection of the currency based market exchange organized system. In earlier times, reciprocity relations
and/or redistribution substituted for market exchange.

Due to the complexity and interrelated economics of the world today, it would be difficult to return to a more stable bartering system,
but some bartering could be reincorporated into the economy. Returning to a real gold standard is a more pragmatic solution to the
problem. However, its opponents reject that solution because it would slow the economy and restrict governments in their monetary
policies. In other words, it would tie the hands of government from unlawful actions such as deficits, wars, cronyism, manipulations of the
economy to favor the rich, etc.

The case against returning to a gold standard


Many nations back their currencies in part with gold reserves, using these not to redeem notes, but as a store of value to sell in case their currency is attacked
or rapidly devalues. Gold advocates claim that this extra step would no longer be necessary since the currency itself would have its own intrinsic store of value. A
Gold Standard then is generally promoted by those who regard a stable store of value as the most important element to business confidence. It is generally
opposed by the vast majority of governments and economists, because the gold standard has frequently been shown to provide insufficient flexibility in the
supply of money and in fiscal policy, because the supply of newly mined gold is finite and must be carefully husbanded and accounted for. A single country may
also not be able to isolate its economy from depression or inflation in the rest of the world. In addition, the process of adjustment for a country with a payments
deficit can be long and painful whenever an increase in unemployment or decline in the rate of economic expansion occurs. One of the foremost opponents of the
gold standard was John Maynard Keynes who scorned basing the money supply on "dead metal". Keynesians argue that the gold standard creates deflation which
intensifies recessions as people are unwilling to spend money as prices fall, thus creating a downward spiral of economic activity. They also argue that the gold
[59]
standard also removes the ability of governments to fight recessions by increasing the money supply to boost economic growth.

The Case For Returning to the Gold S tandard

Governments and central banks have been suppressing the price of gold since 1995 by lending and selling their gold. They won't be able
to keep it up forever. Then the price of gold and silver will soar to its correct level, that it would have been at had there not been any
[60]
artificial manipulation.

More moderate goldbugs point to gold as a hedge against commodity inflation, and a representation of resource extraction, in their view gold is a play against
monetary policy follies of central banks, and a means of hedging against currency fluctuations, since gold can be sold in any currency, on a highly liquid world
market, in nearly any country in the world. For this reason they believe that eventually there will be a return to a gold standard, since this is the only "stable" unit
of value. That monetary gold would soar to $5,000 an ounce, about 10 times its current value, may well have something to do with some of the advocacy of a
[61]
renewed gold standard, holders of gold would stand to make an enormous profit.

The Treasury Secretary of the U.S.A., John Snow, made an important statement in M arch 2006. Essentially, he said that the U.S.A.
debt ceiling, authorized by Congress, will soon be reached, and that they need to authorize a higher ceiling and more printed money in order
to pay for the governments obligations. He actually said that in accordance with the law he has tapped into the Civil Service Retirement,
Pension and Disability Funds as a means to find more money and apparently he has done all within his power to cope with the deficit. This
confirms an unprecedented and unmanageable deficit spending program of the Congress and the President that deepens the financial crisis
every day.

**Treasury Secretary John Snow notified Congress on Monday that the administration has now taken "all prudent and legal actions," including tapping
certain government retirement funds. This is being done to keep from hitting the $8.2 trillion dollar national debt limit. In a letter to Congress, Snow urged
lawmakers to pass a new debt ceiling immediately to avoid the first-ever U.S. default on its obligations. Snow notified lawmakers that the Treasury would begin
tapping the Civil Service Retirement and Disability Fund, which Treasury officials said would provide a "few billion" dollars in extra borrowing ability. Treasury
has also been taking investments out of a
[62]
$65.3 billion government pension fund known as the G-fund which is part of the Federal Employees Retirement System.

Welcome to Spend City WashingtonPost.Com By Dana M ilbank


Friday, M arch 17, 2006; A02
It was the political equivalent of going on a shopping spree the same day you get a credit-line increase on your over-the-limit card. In the morning, the
senators increased the federal debt limit by $800 billion, to $9 trillion -- that's with a T. In the afternoon came the Vote-a-Rama, a carnival in which the lawmakers
[63]
took turns pitching scores of amendments to the 2007 budget measure, most calling for more money for favorite programs.
FREE M ARKET GOLD & M ONEY REPORT by James Turk
The $8.2 trillion debt limit -- that has proven inadequate to meet the federal government s borrowing needs -- covers only its direct liabilities. In other
words, this $8.2 trillion is the total amount of dollars owed to all the holders of US government debt instruments. Excluded from this total debt are all of the
federal government s other liabilities, which total another $38 trillion. In The 2005 Financial Report of the United States Government, US Comptroller General
[64]
David Walker reported that the federal government s fiscal exposures now total more than $46 trillion, up from $20 trillion in 2000.

When the well known conservative and former top GOP [republican] strategist Kevin Phillips, the author of "American Theocracy: The
Peril and Politics of Radical Religion, Oil, and Borrowed Money in the 21st Century was asked if he thought the American empire was
headed for doom he responded:

KEVIN PHILLIPS: It s certainly headed for some degree of dismantling and loss of international power. Now, to say it s headed for doom -- even when
Britain lost its place in the world, it wasn t headed for doom, and it reconstituted itself, and a lot of people are happy and fairly prosperous in the U.K. right now.
But we can't go on in the imperial mode, in which we just demand the world's natural resources and that the dollar be the vehicle for everything and that we be
able to invade wherever we want. I don't think that will last more than another ten years. I think the crisis builds up sufficiently in the 2010s, that the United
States is really going to have to consider what resources it has in terms of energy, what resources it has in terms of the economy, how far it can push its military, a
[65]
whole set of issues.

The proponents of free trade economics could not foresee the pitfalls of economically advanced countries competing with a
developing country and the development of trade deficits and their danger to the economy of the more developed country. One prominent
economist recently reversed himself after 50 years of teaching economics and spreading his philosophy around the country through his
students who have risen to important posts in finance, government policy-making and business. For more than fifty years professor
Paul Samuelson's book Economics: An Introductory Analysis was a bestselling textbook used in college economics classes. At the age of 89,
the professor announced a very important correction to his philosophy. He explained that free trade might not be a benefit to all parties,
after all. That is because:
In certain circumstances, when a very poor but ambitious nation is trading with a wealthy advanced economy, free trade can turn into a very ugly loser for the
wealthy country--inflicting permanent economic loss, stagnant wages, greater inequality and other hurtful consequences. The professor's reasoning is expressed in
the abstract language of orthodox economics, but he does name the two countries he has in mind--the United States and China. His paper, published in the Summer
issue of the Journal of Economic Perspectives, bears the lighthearted title, "Where Ricardo and Mill Rebut and Confirm Arguments of Mainstream Economists
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Supporting Globalization."

The stunning reversal described above demonstrates how modern economics of the Western countries in general, and the U.S.A. in
particular, are based on theory and initial circumstances that favor the more advanced nations in a colonial type environment. But when the
economies start to even out, there ensues a desire in the more advanced nation to become conservative, that is, keep things as they were or
reverse the conditions so as to return to and maintain the previous status quo. Attempting to do this is where the strife and belligerence
between nations, which lead to wars, have come. The wars are fomented by the desire in the ruling class and middle class of the country
with the higher standard of living to retain the standard [greed] and power as a means to achieve the end of maintaining economic
prominence. It is a choice between sharing and developing equitable sustainable economic policies within a country, and with trading
partners versus the desire to amass wealth and power to experience inordinate and extravagant pleasures and standards of living. Another
sign of the failing global economy and the power of the Davos ruling class is that in Latin America the countries Brazil, Argentina,
Venezuela, Uruguay and Bolivia have ousted oligarchs who prospered by means of selling their countries' people and assets to transnational
investors.

In closing, it is important to understand that the DOLLAR CRISIS and the problems of the capitalist market economic system are
contrived by human ingenuity applied to resolve human situations but without the benefit of humanity or ethics. Indeed, the dollar crisis
will affect all but hardest hit and most impacted will be the masses that comprise the middle class and the poor. Since it is a manufactured
problem due to the kind of economic system that has been put in place it means that things do not have to be this way, they can be
different. A different economic system that works for all can be implemented that would better serve the needs of all people; but only if a
sufficient number of people demand it and refuse to allow economic theorists and greedy corporations and government officials to dictate
otherwise.
Chapter 2: The Ancient Egyptian Economy: A Model of Ethics in Commerce and
Government

Why are Ancient Egyptian Symbols used by the United States of America Government and what does it
mean?

M any symbols of Ancient Egypt (ancient name: Kamit or Kemet) appear in architecture, literature, and other iconography of the
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U.S.A. Why is this and what is it supposed to mean? M any people know that several of the founding Fathers of the U.S.A. were
freemasons. Originally Freemasons were men in the British Empire who were part of guilds. In the context of influencing the condition of
society, Freemasonry is a group of men forming a fraternal secret order, as in a cabal, to control the activities of government and society; in
other words, they have secret alliances beyond those of open government. M any Ancient Egyptian symbols and architectural forms were
adopted by practitioners of Freemasonry and some of the groups claim to have a lineage that goes back to Ancient Egypt but that is
impossible since the First freemason groups were known to have developed in Europe within the last millennium. So it is important to
understand that Ancient Egyptian (Ancient Egyptian) culture was governed with a philosophy based on ethical culture. That ethical culture,
termed M aat was not only the foundation of the government but also the temple system. In fact M aat is a philosophy, as well as a
goddess of order, truth, righteousness and justice. In the last 500 years western culture has been able to study and adopt many aspects of
other cultures that they met and were influenced by or which they conquered. M any things were co-opted and others were used without
their intrinsic original intent or meaning. When studying or following the culture, history and philosophy of ancient Egypt it is necessary to
distinguish between what has been presented in modern times as Ancient Egyptian culture through modern day usage of Ancient Egyptian
symbols by organizations which purport to follow the Ancient Egyptian teachings and may even claim to be descendants of the original
teachers and the actual history and teachings of Ancient Egypt. In the case of the U.S.A. many of the symbols were used without adopting
the original meaning and intent: a primary example is the all-seeing eye on the l. It is important to understand that the Egyptian
M ysteries (Shetaut Neter) are not teachings originated by or controlled by organizations which in modern times refer to themselves as
fraternal orders, lodges, masons, freemasons, illuminati, Odd Fellows, Shriners, new world orders, Satanists, occultists, or psychics. In fact,
the organizations just mentioned have their origins in Western countries and not in Africa although the original Grand Temples of the
M ystery teachings of Ancient Egypt influenced them.

So observers should be careful when examining the use of Ancient Egypt ian symbols by modern organizations. For example, the use of
the pyramid on the reverse of the seal of the United States would seem to mean that the founding fathers of the United States had the idea of
invoking the principles of the Ancient Egyptian tradition in the founding of the new country (United States). It was explained by the
occultist and reputed expert in M asonic lore, M anly Hall, that many of the U.S. founding fathers were masons and that they received
assistance from masons in Europe to establish the United States for a peculiar and particular purpose known only to the initiated few.
Hall said that the seal was the signature of the masons and that the unfinished pyramid symbolizes the task that the government has to
accomplish. The eagle is a representation of the phoenix, which is the ancient Greek reinterpretation of the Ancient Egyptian (ancient
African) Benu bird (symbol of the god Ra and rebirth).

Another Ancient Egypt ian symbol used to represent the United States is the Washington M onument, which is a copy of the Ancient
Egyptian Obelisk. The Lincoln memorial and M ount Rushmore, two of the most important icons of the United States were admittedly (by
their creators) inspired by the Temple of Rameses II at Abu Simbel. So the question may be asked, if the founding fathers of the United
States intended to use Ancient Egyptian representation which essentially means that they are wishing to adopt their meaning and
symbolism, why then did the founding fathers allow a government to be set up that is in almost complete contradiction with Ancient
Egyptian principles? Some of the more obvious contradictions are listed below.

Differences between Ancient Egypt and the United S tates (Western Culture)
The U.S.A. government took the Ancient Egyptian symbols of the Pyramid and the open eye to represent a supposed new world order
based on the past order. However, the similarity between the Ancient Egyptian culture and the U.S.A. or Western culture ends there, in a
misuse of a religious symbol that has led to misunderstanding of the ancient tradition and misinformation about the present one. A brief
overview of Ancient Egyptian economics offers some insights into a workable form of economy that can demonstrate the vast differences
between the economic systems and may also present solutions for current problems. Ancient Egyptian religion used the symbol of the
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spiritual eye to represent the awakening of consciousness. There was a recognition that in order for that awakening to occur, there needs
to be virtue in a human being.

According to Ancient Egyptian ethics, that necessarily means non-stealing and proper distribution of wealth.
Ancient Egyptian Wisdom Teachings:

"If thou be industrious to procure wealth, be generous in the disposal of it. One is never so happy as when giving happiness unto others."

"An immoderate desire of riches is a poison lodged in the mind. It contaminates and destroys everything that was good in it. It is no sooner rooted
there, than all virtue, all honesty, all natural affection, fly before the face of it."

"O thou who are enamored with the beauties of Truth, and hast fixed thy heart on the simplicity of her charms, hold fast thy fidelity unto her, and
forsake her not: the constancy of thy virtue shall crown thee with honor."
In order to have sustained prosperity, peace and security in a country, that country must be based on ethical principles. The Ancient
Egyptians called that ethical principle M aat. The Ancient Egyptian government is often referred to as a Theocracy, but a more accurate
term would be Ethiocracy [Ethical-Theocracy]. Theocracy is a form of government based on religious law, but in Ancient Egypt, the
government, as all other areas of society, was under the overall rubric of M aat Philosophy, the Ancient Egyptian theological and
philosophical framework of spiritual, social, political and economic ethics. A theocratic form of government can be corrupted if the values
followed are not based on virtue and morality. The Christian Catholic Church suffered this problem of amoral government at various periods
throughout its history, which led to dissent and the formation of the protestant movement. M oral theocracy is a kind of shepherding form
of government. M orality here means that which is good, i.e. integrity, righteousness, justice, balance, peace, honor and honesty. M orality in
the ancient sense cannot be equated with moral relativism or the novel concept of new morality or alternative moral philosophy, which
implies sexual freedom, or sexual revolution or situational morality. M aat implies universal moral principles that apply to all, but are not to
be forced or imposed on other cultures or nations. In Ancient Egypt the laws had to be based on the philosophy of M aat. M aat is the
concept of order, truth and balance in action, similar to Confucianism and Taoism of China and Dharma of Buddhism. The following are
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injunctions of M aatian order contained in the teachings of the Ancient Egyptian Sage Amenemope.
On B usiness and Commerce
Sage Amenemope
(48) Do not assess a man who has nothing,
And thus falsify your pen.
If you find a large debt against a poor man, Make it into three parts;
Forgive two, let one stand,
(49) You will find it a path of life.
(66) Haste not to be rich, but be not slothful in thine own interest.
(83) One does not run to reach success,
One does not move to spoil it.
(108) Don t make yourself a ferry on the river, And then strain to seek its fare;
(109) Take the fare from him who is wealthy,
And let pass him who is poor.

The 42 Precepts of M aat are condensed injunctions that form the foundation of M aat Philosophy. They are written in the form of
negative statements [I have notex. M aat Precept: I have not snatched away food from the needy] reflecting the successful
accomplishment of virtuous actions and refraining from actions based on vice. However, in the Ancient Egyptian wisdom texts the Ancient
Egyptian sages expounded further on the practical interpretation and application of the precepts in day-to-day life.

Do not move the scales, do not change the weights and do not diminish the parts of the bushel... Do not create a bushel that contains two, lest
you will near the abyss. The bushel is the eye of Ra ( God). He loathes him who defrauds.
The teachings of Sage Amenemope

The Ancient Egyptian culture and civilization was the longest-lived and has the record as the longest perpetual civilization [10,000
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years] in human history. One of the reasons for their success is that the culture was founded and governed by an ethical philosophy that
discouraged and prevented government excesses and economic frauds, unlike a market economy or fiat currencies that promote fraud. The
country was protected by a legal system that was based on the ethical philosophy of M aat. M aat is a philosophy and a universal
principle of cosmic order that all human beings need to observe in order to avoid strife and suffering and maintain personal balance, balance
with the society, and balance with the universe and the Supreme Being (God). Therefore, any violation of M aat was a serious and egregious
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act that was dealt with forthwith so as to maintain the order of the society.

Before the Late Period, the Ancient Egyptians did not use coin money as modern society does today. When shopping in an Ancient
Egyptian market people, would need to bargain on a price. There were few fixed prices, and Ancient Egyptians were experienced at
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calculating the cost of an item. Cost was measured in a unit called deben which was a copper weight of .5 ounces. The passage below
shows that oil and grain could serve as a kind of currency.

The M iddle Kingdom priest Heqanakhte preferred to be paid in grain:


Concerning him who will give me payment in oil - he shall give me 1 big jar of oil for 2 sacks of Lower Egyptian barley or for 3 sacks of emmer.
Behold, I prefer to be given my property as Lower Egyptian barley.
3rd letter of Heqanakhte
After a German translation on the Thesaurus Linguae Aegyptiae website http://aaew.bbaw.de/tla/

Gold was not used as a standard per se in Ancient Egypt, the way it is conceived in modern times. Gold was seen as a reflection of
timeless and immortal qualities of divinity, the sun, so possessing it represented closeness to the spiritual essence of the Divine. The value
ratios for the most common commodities would have been known generally, but the wide ranging value combinations brought into existence
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an abstract value system. Certain amounts were based on a deben, seniu or, beginning with the New Kingdom, a kit of gold, silver and
copper were used as units. Generally, no metal appears to have changed hands during the commercial exchanges until the Late Period of
Ancient Egyptian history.

The use of metal rings as a standard of a given weight goes back to the Old Kingdom era of Ancient Egyptian history. Among the
artifacts found in Queen Hetep-heres I's tomb was a jewel box that had the inscription:

Mother of the King of Upper and Lower Egypt, Hetep-heres.


Box containing deben rings.
Reiser, George A. The Household Furniture of Queen Hetep-heres I,
BMFA 27, No. 164, December 1929, pp. 83-90

The introduction of money as we know it today


In the fifth century B.C.E. [early Late Period], foreign coins were being introduced to Kamit [Ancient Egypt]. In the beginning, those
imported silver and gold pieces were used by the Ancient Egyptians as precious metal of standardized weight rather than true currency
money. From the mid 4th century B.C.E. and onwards, as the Greek mercenaries in Egypt began demanding payment in specie, and as
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M editerranean traders relied more and more on coined metal as means of exchange, the Ancient Egyptian mint produced coins [see
above] that were similar to Athenian tetradrachms. Under the rule of the Ptolemies, coins were later struck that bared the effigies of the
Hellenist [Greek] rulers.

IOU's were often written on pot shards [ostraca] or other pieces of matter that were flat enough to be written on.

Owed by Apahte, son of Patai: 30 pieces of silver.


W ritten in the year 28( ?), on the 30th of Mesore.
Demotic ostrakon, P tolemaic P eriod,
Victoria-Museum, Uppsala, inv. no. 982
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My translation from the German

Aside from personal credits, the people were able to deposit grain in state warehouses and later write withdrawal orders that served as
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payment. Instead of paying interest on the deposit, these grain banks worked by deducting 10% (demurrage -Compensation paid for
such detention.). Some researchers theorize that due to the demurrage, the Ancient Egypt ians did not need to hoard their wealth, but
proceeded to keep on spending it, most often on the maintenance and improvement of the older temples and for the building of new temples.
However, since the basic needs of life were provided for through collective work and distribution of goods needed for survival, there was no
need for saving money for the purpose of developing riches or for inordinate security needs.

Ancient Egyptian Wisdom Teachings:

"Those who give away their treasure wisely, giveth away their plagues: they that retain their increase, heap up sorrow."

"The earth is barren of good things where she hoard up treasure; where gold is in her bowels, there no herb grows."

"Help your friends with the things that you have, for you have these things by the grace of God. If you fail to help your friends, one will say "you have a
selfish soul". One plans for tomorrow, but you do not know what tomorrow will bring. The right soul is the soul by which one is sustained. If you do
praiseworthy deeds, your friends will say "welcome" in your time of need."

During the Hellenistic (Greek) period, this banking system became a countrywide and not just a local phenomenon. Accounts were
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maintained at a central bank in the capital city of Alexandria and the granaries formed a financial system like the British giro network.

W ealth accrues to him who guards it;


Let your hand not scatter it to strangers,
Lest it turn to loss for you.
If wealth is placed where it bears interest,
It comes back to you redoubled;
Make a storehouse for your own wealth,
Your people will find it on your way.
W hat is given small returns augmented,
[W hat is replaced brings abundance.]
The Instruction of Any
M. Lichtheim Ancient Egyptian Literature Vol. 2, p.138f

Increasingly, now in the Greek conquest period, the banks began to deal more and more with coin money instead of perishable grain. The
example below is of orders for payment crediting and debiting accounts at the royal bank of Greek-controlled Ancient Egypt:

[[And there is a notice of payment, as payment for the honourable . . .]] The form of the customary notice of payment is as follows. To be credited
to the account of the sacred offices( ?). Due to the king from Asklepiades son of Euphris( ?), of the Zephyrian deme, as payment for the honourable
office of prophet which he purchased in the temple in Menelais of the Menelaite nome, 500 drachmai( ?).
P .Mich.:1:9, 257 BCE
AP IS record: michigan.apis.1864

The ancient peoples did not have identification cards and social security numbers. However, the ancient banks were concerned with
positive identification of people doing business at the royal bank (which actually served as a central bank). Remember that there were dire
consequences for anyone defrauding the bank or committing any crime in Ancient Egypt. The bank recorded a persons ancestry, physical
characteristics, age, profession and other pertinent information:

... through the bank of Sarapion of the Stoa of Athena. Isidoros son of Marion, to Hermas son of Heron, grandson of Hermas, from the second
Goose Pen ward, aged forty years with a scar in the middle of his forehead, ( acknowledges) that he ( Hermas) has received from Isidoros an interest-
bearing loan of a principal of one hundred twenty silver drachmas, which he will pay back in the month of Pauni of the current year forthwith.
(second hand) I, Hermas, have borrowed the one hundred twenty drachmas, which I will pay back in the month of Pauni of the same ninth year, as set
forth above.
P.Col.:10:259, 146 CE
APIS record: columbia.apis.p292

In the Greek and Roman controlled era of Ancient Egypt, the money lenders were concerned about obtaining collateral when lending.
The wisdom writings of Sage Ankhsheshonq (about 2nd -1st century B.C.E.) gave words of advice to all prospective lenders:

"Do not lend money at interest without obtaining a security." and "Do not be too trusting lest you become poor."

Ankhsheshonq also had prudent advice about how borrowed money should be used by a borrower so as to make the most of the money
through investment in worthwhile ventures, building its value and progressing in life, instead of squandering it in short term enjoyments:
Borrow money at interest and put it in farmland.
Borrow money at interest and take a wife.
Borrow money at interest and celebrate your birthday.
Do not borrow money at interest in order to live well on it.
M. Lichtheim,
Ancient Egyptian Literature, Vol.3, p.172

A person pledging their property could receive credit. Pawnbrokers did exist in Egypt at least from the time of the Roman conquest
period. Some frequent items pawned were jewelry, furniture, utensils and metal implements:

The bronze vessels of Claudius ( ?) Severus were redeemed when the report of his [property ?] was made ..... and payment was made for the interest on the
bond from Epeiph of the 4th year to Tybi [of the 7th year], a period of 31 months, at the rate of 110 drachmas per month, a total 3,410 drachmas, and for the
principal 1 talent 5,600 drachmas , and from Theon for the redemption of his Aphrodite 400 drachmas, amounting to 2 talents 3,410 drachmas for principal
and interest. The remaining ..... four thousand six hundred drachmas, in total .... talents, 4,600 drachmas [are secured] by the remaining pledges, which are .....
a pair of armlets, a pair of cups, a pair of anklets, a necklace, a spearshaped ornament. Another cupboard was given in addition .....
from P.Mich.inv. 1950, 3rd century CE
APIS record: michigan.apis.1554
Article VII. Degeneration of the economy
The ancient system of distribution of goods throughout Ancient Egypt operated in a way so that goods were collected by royal decree
and the Vizier, governors, and tax collectors and a veritable army of bureaucrats managed the process. So farm crops in the north of Egypt
were collected and redistributed so that everyone would get what they needed. Crops of a different sort in the south would in turn be
redistributed to the north, and so on. Therefore, this was a massive system of economy based on collective sharing of the wealth of the
country without leaving some to fend for themselves or creating associations or guilds that segregate people from subsistence level goods.
This system of economy may be thought of as a Barter and Collective Sharing Economy. One present day similar but small-scale system of
sharing is called Community-supported agriculture (CS A). Typically, CSA farms are small, independent, labor intensive, family
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farms. In Ancient Egypt, the system was countrywide and managed by the central government, the Pharaonic system. By Roman times,
however, the Pharaonic state which had controlled the general economy by collecting and redistributing had been mostly dismantled by the
Roman conquerors in favor of a colonial administrative system, which had the main goal of exploiting Egypt in favor of Rome. Egypt
became the breadbasket that allowed the Roman empire to grow, but Egypt was depleted of its wealth. Trade fell under the control of
private persons who often organized themselves in guilds. One such example is the association of the salt merchants of Tebtunis:

The undersigned men, salt merchants of Tebtynis, meeting together have decided by common consent to elect one of their number, a good man,
Apynchis, son of Orseus, both supervisor and collector of the public taxes for the coming eighth year of Tiberius
P .Mich.:5:245, 47 CE
AP IS record: michigan.apis.2876

After the Romans conquered Egypt, a positive interest rate scheme imposed on invested capital was introduced to the economy and the
wealth from the profits were taken out of the country, and so the temple sites began to decline. What occurred to Egypt at the hands of the
Roman empire recalls what recent colonial powers such as the British empire, the other European colonial powers, and most recently, the
U.S.A. have done to smaller weaker countries as well as the regions of poor people in the U.S.A. itself. The guilds may be likened to todays
multinational corporations in some ways. The guilds assigned territories that had special privileges. One example is the territory paid for by
one Orseus. Orseus paid 66 drachmas to have a monopoly for selling gypsum in the particular region of Tebtunis.

( they, i.e. the merchants, have decided) that all alike shall sell salt in the aforesaid village of Tebtynis, and that Orseus alone has obtained by
lot the sole right to sell gypsum in the aforesaid village of Tebtynis and in the adjacent villages,
P .Mich.:5:245, 47 CE
AP IS record: michigan.apis.2876

The guilds also fixed prices. They also set and imposed fines on anyone who would undercut them:

they shall sell the good salt at the rate of two and one-half obols, the light salt at two obols, and the lighter salt at one and one-half obol, by
our measure or that of the warehouse. And if anyone shall sell at a lower price than these, let him be fined eight drachmai in silver for the common
fund and the same for the public treasury;
P.Mich.:5:245, 47 CE
APIS record: michigan.apis.2876

This very brief overview displays the Ancient Egyptian system of economy and how the Greek and Roman conquerors changed it into an
early form of capitalist [imperialist] economy that eventually failed with the downfall of the Greco-Roman cultures. It is interesting to note
that the ancient Egyptian culture lasted for thousands of years [ancient Egyptian economic system: 5,000-10,000 years] while the Greco-
Roman cultures only existed for a few hundred years.

Ancient Egyptian economics was based on human needs within a context of a trust between the heka (Pharaoh) and the hekat (populace).
While there were wealthy people in Ancient Egypt there were no super rich or fabulously wealthy people and that allowed more wealth to
be spread among the population more evenly. In Ancient Egypt the Pharaoh was responsible for the peoples well being and that meant that
he or she could not favor the wealthy over the less wealthy nor could they allow people to become so poor as to live in hunger or languish in
destitution. Enshrined in one of the main documents of Ancient Egyptian duty is the injunction to provide food, shelter and opportunity for
all. So, the favoritism and disparity between the wealthy and the poor that has developed in so called capitalist or market economies would
be rejected as unjust and inhumane. This means that the concepts of capitalism and consumerism are to be rejected in favor of the collective
good. Ancient Egyptian society was not based on imperialism so there was no need to raise vast armies for conquest and occupation of
other lands. Polluters were punished by law so the environment was protected for future generations. Imagine if the Ancient Egyptians had
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despoiled the environment on the scale that modern culture has done, what would we have now?

The Ancient Egyptian system of economics was not based on perpetual expansion and fiat currency but rather on sustainability. This
means that there would be no boom or bust periods or inflation and loss of value but rather a balanced and steady predictable economy
where all members of the society have a place.
Chapter 3: A Dire Scenario for the Future?
Article VIII. Changes in the economic, political and racial demographics of the United
States and the Possibilities for the Future
No one immigrates to the United States anymore. The promise of a better life and opportunity evaporated with the echoes of the optimistic or
deluded economists and politicians who said the economy could grow forever. No one comes out into the streets of the great cities anymore. P laces like
New York, Chicago, Washington D.C. and Los Angeles are now smoldering cauldrons of unrest and violence. In the country that was formerly known
as the United States of America, those cities and many others became the sites for the greatest social upheaval that was ever to take place in the modern
era. The social unrest was preceded by foreign wars to change foreign regimes and protect the U.S.A. from terrorists that were created by the U.S.A. s
imperial policies around the world. But domestically, the incessant wars led to public civil disobedience, which led to clashes between protestors, and
conservative groups who were supported by the police and national guards. The suspension of the Constitution and perpetual state of martial law and
the harshness in which lawbreakers and protestors were treated left no quarter, no compassion, no chance for anyone. There was no freedom of speech or
freedom to walk the streets in the wrong neighborhood. Anyone who was not of a particular neighborhood became a legitimate target. The rich now live
in exclusive walled compounds which are like self-contained cities and they hardly ever come out. The large corporations have their own paramilitary
forces which protect their assets and the neighborhoods of their workers. There were gangs and syndicates controlling most low income
neighborhoods. They were so powerful that by the year 2046 it was not possible for the national guard or police or the army to control the lawlessness
in the country so the police retreated to their own neighborhoods, like homesteaders circling their wagons to protect themselves from the savages.
This segregation was not only due to race differences, gang wars, or wars for control of territory to promote the drug trade or prostitution but also due to
animosity between the wealthy and the poor. These territorial disputes between the suburbs of the cities were a battle of control by one neighborhood
against others caused by the desire of one group to keep the other one out; the purpose was protection, the desire was survival and the driving force
was fear. The U.S. economy collapsed and unemployment went up to 45% so the government could not control the ire of the population left in distress
while greedy landlords evicted entire neighborhoods for nonpayment of their home mortgages. By 2050 there were more people of color in the U.S.A.
than people of European descent and they resented the fact that there was no non-white president and that promoted the disaffection with the political
system that left the minority in control of the government and the economy and left the rest of the population in dire straights. European Americans
feared the masses of Latino and African and Asian Americans and resented their desire for political power which promoted rioting and racial conflicts
throughout the country.
T he description above is the projection, by a futurist, of a possible scenario, a possible outcome of the present course of politics and
economic injustices of the United States extended over the next 60 years. By the years 2010- 2015, the Baby Boomer generation will
constitute the larger segment of those who are retired and those using the healthcare system which is projected to collapse under the weight
of the expense and the numbers in need. Also, during those same years, it is projected there will be a decline in the economy due to the exit
of the baby boomer generation. The segment of the population that spends the most money and drives the economy is between the ages of
45 to 60. Economic forecasters fear that when that generation passes into the retirement stage, the loss of so many people who will not be
contributing to the economy will trigger a recession that will lead to loss of confidence in the economy and the U.S. Dollar and will force a
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depression and other problems in the economy that will last for at least 15 years, and possibly over one generation.

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In the year 2004, it was announced that the number of Protestants in the U.S.A. had fallen below 50% of the population. Even
though the total number of Catholics was 25.9% in 2001 it would seem that, due to their loud voices, the religious conservatives, the
fundamentalists and evangelists are the majority. However, the rise in religious fundamentalism could be a factor of the decreasing practice of
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general Christianity in the United States, down from 88.3% in 1990 to 79.8% in 2001.

Even though Globalism and improvements in technology have progressed, the gap between the rich and the poor has widened even
though futurists such as Herman Khan predicted a bright global future in which worldwide economic affluence and beneficent technology
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are bright. Rather, the M IT world systems modelers are showing that the economic system of endless growth instead of
sustainable development is a looming problem for humanity and the usual answer of problem solving by growth [solving economic
problems by perpetually expanding the economy] is self-defeating [does not work] and environmentally destructive, i.e., impractical and
unsustainable in the long term.

If the current rate of immigration and birthrate are not manipulated, in the year 2050 it is projected that the population demographics of
the U.S. will change such that the numbers of those who consider themselves white will fall below the numbers of those who consider
themselves as Black, Hispanic, Asian, other, etc. As the recent situation with the devastation of the city of New Orleans and the
surrounding areas of the states of Louisiana and M ississippi due to the impact of hurricanes Katrina and Rita demonstrated, racism and
neglect of the poor continue to be stark realities of the United States cultural landscape which will continue into the future [as only small
actions are being taken to reverse the problem], just as the construction of new gated communities continues unabated. However, as the city
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of Santa M onica discovered during the Rodney King riots in Los Angeles, if the general rioting is large enough, it can spill over into any
community, no matter how separate it may appear to be from the general population. Yet, the perpetuation of the culture of fear, terrorism,
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crime by rancorous politicians and clergy who stir up strife, etc., continued which has expanded a social pattern of alienation between
the power elite and the rest of the population of the U.S.A., and the rest of the lower classes of the world, which constitute a majority
numerically.

In another scenario, the power elite population would retain political control at least one generation after the ethnic demographic
changes. The economic power would be retained for some time longer, perhaps 1-2 more generations or longer after the political change, all
of which would engender more animosity against them and promote more fear in them, and hence more of a desire to retreat to more secure
gated communities that would, as expressed in the imagination of the writer Neal Stephenson, in his novel Snow Crash, exist in a future
where gated communities are mass-produced by franchising systems and operate as sovereign city-states. Then there would be a regression
to a situation such as was experienced by the ancient Greeks, who endured many wars for supremacy between the city-states. So in other
words, there would be devolution of civilization that would follow the degraded culture of separatism, segregation, fundamentalism and
ignorance.

What actions could be taken to avoid the possible conflict over religion and race, politics and economics? Firstly, more religious,
economic, as well as social pluralism needs to be promoted by the leadership so that society may move towards a more social and
economically equitable and harmonious condition. That might be considered a manipulation of social order, but unlike the positions of
fundamentalists, racists and neo-conservatives, it is a positive manipulation based on ethics, balance and peace. To the extent that society is
able to move in that direction, to that extent it will be able to move towards peace and avoid the great social upheavals that are possible in
the future. Of course, this is predicated upon the world not experiencing an ecological disaster due to global warming, pollution, over-
farming, and genetically modifying foods and animals, and not experiencing a serious conflict between east (China) and west (United States),
or a nuclear disaster due to error, or a terrorist attack as retaliation for Western economic or religious imperialism. In such a case, those
factors would complicate the dynamics of the future social conflicts even further. Perhaps the words of John Lennon All You Need Is
Love should be heeded, but in the absence of love, perhaps the more important factor is justice, which might be more easily attainable; and
from there perchance that justice, as the popular saying goes, will lead to peace and conceivably someday in the future, also love among all
nations, if not all peoples. What would a justice system look like that would produce such a positive outcome? Efforts towards honest
sharing of resources, promoting prosperity for all human beings and not just for some countries, the abandonment of the imperialist ideal, as
well as the renouncement of religious orthodoxy, absolutism and fundamentalism would lean humanity towards true prosperity and real
emancipation from hatred and fear.

Those who deprive any part of life, eventually deprive all life. So any injustice, anywhere in the world, is degradation for everyone, and
will eventually bring everyone down.
Article IX. What Could Happen in the Near Future and What Can you do to Prepare
and Protect yourself now?

W hat could happen to the U.S.A. and world economy if the current course of affairs continues? What are the consequences to the
U.S.A. economy due to the financial mismanagement, deficits, consumerism and the profit motive of the multinational corporations?

Thanks to George W. Bush's reckless fiscal deficits, the government will have less ability to overcome an economic crisis through borrow-and-spend, as it
did in the last economic downturn. With the appetite for America's IOUs diminishing, US politicians will have their hands full dealing with rising energy costs
and the tottering finances of healthcare, education and pensions.
The basics of a harder-times scenario are not much in dispute. The debate is between those who foresee a hard landing and those who believe that the world's
central bankers will somehow figure out a way to avoid a global financial meltdown. But hard landing or soft, even the staunchest supporters of globalization
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admit that lower living standards are already in the cards.

Here is what some prominent political and economic leaders in the U.S.A. had to say in relation to the upcoming future economic
conditions of the U.S.A.:

N. Gregory Mankiw, the George W. Bush administration s economist said that the U.S.A. s reliance on foreign investors to support its high level of consumption
will mean a "less prosperous future."
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In the year 2005 P aul Volker, a member of the power elite of the U.S.A. and former chairman of the U.S.A, Federal Reserve said that there was a 75% chance of
an economic catastrophe within 5 years.
Financier Warren Buffett concluded in 2004 that the U.S.A. is moving towards "significant political unrest."
Democratic Senator Max Baucus, [January 2006] who is a supporter of globalization, told Chinese business executives recently that China should cut their
country's trade deficit with the U.S.A. by withholding exports or else "US politics will become unmanageable."

Any of several possible scenarios could cause the economy of the U.S.A. to collapse, and if it does, its collapse will reverberate through
the world financial markets and adversely affect other economies. Some recent examples of financial collapse were the devaluation of the
M exican and Argentinean currencies, and before that the British also experienced a collapse. The same could likely happen to the U.S.A.,
but there is a possibility that the downturn could be more severe.
Anyplace one or more of the four factors you're about to discover could have an impact on America's petroleum supply I call an "oil chokepoint." A
combination of any of these (although each of them could do it single-handedly) has the potential to not just make the U.S. oil outlook grim, but to spell the end of
our world as we know it - a world where we can't afford to consume to our heart's content, and where America's oil interests aren't sovereign...
In other words: A world where you may not have a steady job, where many of your investments (even blue chips) have tanked, where everything from
groceries to heating oil costs a fortune, where the United States isn't the top dog economically or militarily anymore and where you'll no longer be able to just fly
or drive anywhere you want.
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A world where your freedom and livelihood are put in mortal jeopardy.
Article X. Possible scenarios for the near future based on financial disturbance to the
economy:
Scenario 1: Recession- the economy becomes depressed as in the 1970s and early 1980s; there would be difficult times, but
people get by.

Scenario 2: Depression- severe economic distress but country goes on with severe economic downturn. [Hard Times] The
current generation would define their lives as the older Great Depression generation did, by the deprivation and destitute nature of
life. Nevertheless, as with the Great Depression, the rich will continue to be rich and control the population with coercion or
police and army.

Scenario 3: Financial Collapse of the world Economy:

U.S. dollar falls 30% or more relative to the euro and loses its status as world reserve currency, and the U.S.A. can no longer
finance the deficits of the past and must stop any deficit spending.
The Euro takes over as the world reserve currency and the European Union becomes the economic world power while the
U.S.A. remains as the world military power due only to its nuclear arsenal.
Pump price for gasoline skyrockets to $5.32 per gallon or more
Crude oil prices explode to more than $150 per barrel
Over 2 million American jobs or more vanish across varied sectors and the unemployment figures can rise to 20% or more, even
higher than the Great Depression of the 1930s
The Standard & Poor 500 blue chip stock index drops by 28%
An instant recession all but cripples the U.S. economy, followed by full-scale depression.

The consequences of the conditions outlined above would include:

Due to high costs people can't travel because airlines are grounded because people cant pay the higher costs- or they
(airlines and people) may be even forced into bankruptcy.
Some people who are fortunate enough to hold onto their jobs will not be able to get to work since bus schedules
would be cut.
Grocery store shelves get increasingly bare because it is too costly to ship anything or because the costs to produce
things or import them gets to high.
New car sales plunge as the Big Three auto makers of Detroit [Chrysler, GM and Ford] struggle for solvency.
There would be no money left for entertainment, travel, retail buying or entrepreneurship. People would be forced
into subsistence level living as it was before the present standard of living was achieved through imperialism, and
underhanded economics. People would be forced to live in a way they are not used to, but out of the illusory way that has
led to hubris and social pretentiousness, etc. i.e. the country would be humbled- but would find it hard to accept.
There would be shortages of food since the economy was based on imports, so food prices will go up and some
people will not have money to pay, so they will starve; there will be large famines since the government will be slow to
respond if at all.
M inorities in the country [especially illegal immigrants and African-Americans] would be used as scapegoats and
persecuted for the countrys ills.
The whole U.S. economy would stall on the way to full collapse.

One possible positive effect of the financial collapse would be the inability of the U.S.A to conduct wars. So the move in 2003 to attack
and occupying Iraq and the continued drain on the economy due to the continuing resistance to U.S.A. occupation is hastening the demise of
the U.S. Dollar and the U.S.A. economy.

In the event of a major financial collapse in the U.S.A., everyone would want to survive and perpetuate the culture, and eventually there
would be a sorting out and reorganization of the economy, but not before some traumatic social events. The country may experience
conditions like those of the Great Depression coupled with social strife like the 1960s. Surely there would emerge religious animosity and
conflict as some fundamentalist Christian groups would claim that God has forsaken the U.S.A. for its sins of allowing Jews, gays,
fornicators, immigrants or other undesirables to enter and run the country down. Also, racism, which still exists, would experience a
resurgence, as many of the majority population, which is still of mostly European descent [white people] even though they may have
some non-European (including African) ancestry], enter into active efforts to expel non-whites [African-Americans, Asian-Americans,
Hispanic-Americans, Native-Americans, etc.], but not before demonizing them and or blaming them for the dire conditions of the country.
Unscrupulous politicians and demagogs would fan the flames of hatred and discontent so as to get the masses, seeking stability, to grant
them power to make things better. There would be many people incarcerated and the social strife would lead to many deaths. There
would be many of European descent who would object to the treatment of minorities, but just as they objected to other social ills, like the
war on Iraq, without much effect, their efforts would be inconsequential, without real conviction or political organization, and of no
consequence; their calls would go unheeded. One reason is because they would not have the fortitude to cope with the struggle of life and at
the same time challenge the power of the power elite, being backed by those who follow them blindly or through a deluded sense of
patriotism.
Article XI. Strategies to cope with the challenges of the future:
Reduce debts.
o Do not get a larger house when a smaller one will do.
o Avoid large mortgage payments.
o Do not get a new car if the older one is in good running order.
o Avoid car payments.
If possible, move from an overprized real estate location to a less overprized location. If possible, use the profit [before the
real estate bubble and dollar bubble] deflate the cost of real estate to purchase a home to live in that requires no mortgage expense or
does not require as much mortgage expense.
If you cannot move and you have equity in the house then another strategy is to get a second mortgage with fixed interest rate
on the property and invest that in foreign currencies, securities or property that can pay a dividend that is higher than the interest of
the mortgage. This secures the money in case of an emergency. Seek professional advice.
Stop eating meat and processed foods.
Learn to have your own garden and water supply in case of any emergencies.
Place some assets in tangible commodities such as gold, silver and real estate in other countries to spread the risk from having
assets in the U.S.A. Keep in mind that real estate is not as liquid as currency or other assets and is susceptible to deflation.
Live in an area where you would not be susceptible to social violence:
o Where there is a community of ethical people who will not turn to violence and degradation, looting and hatred
as an outlet for their despair and fear in times of strife.
o Prepare to leave the country if necessary by having other real estate assets and income producing capacities in
other countries.
In other words, gain a skill that would be necessary in any society such as a trade or other form of self-sufficient endeavor.
Look into ways to simplify life, reduce debts and become self-sufficient.
If possible move to an area where the climate is milder, such as the tropical zone, and will not require as much energy to heat
up in the winter or cool down in the summer. If you stay in temperate zones of the country start getting used to being hot, before the
days of air conditioning. Also, start getting used to being cold. Put on thermal clothing and extra blankets. Snuggle up with your family
members for body warmth.
Live with or close to others of like mind with whom you can cooperate and who can support you if the society deteriorates.
Simplify your life; divest from high mortgages, and places were it is expensive to live.
o Learn to live a simple life without extravagant needs.
o Turn your attention towards the deeper meaning of life and realize that the strife of society, not just the troubles
ahead, but all troubles, are designed to lead you to understand that there is no perfect situation in the world even though
some may seem to last longer than others.
o
Article XII. Summary of Strategies
The following should not be taken as financial advice. You should consult a trusted financial advisor who agrees with this outlook for the
economy who can assist you in working out the specific strategies for your situation.

v Reduce debt
v Sell our real estate and instead rent
v Seek to live in a self-sufficient and secure community
v Start your own vegetable and fruit garden
v Get your savings out of the US dollar and into foreign currencies that will appreciate versus the dollar (like euro, Swiss, or
other currencies.)
v Invest in gold
v Invest in foreign stocks and real estate
v If possible plan on living abroad for some time
v If you cannot live abroad then follow the strategies in the section of this book entitled: How to Survive the Economic Collapse of the
US Dollar Update #3
Chapter 4: Conclusion: What happens next?

A s a summary I would like to include a statement by Dr. David Ray Griffin, a professor emeritus of philosophy of religion and
theology, at the Claremont School of Theology in Claremont, California, from his essay 9/11 and American Empire: How should
religious people respond?

I suggested earlier that seeing the true connections between 9/11 and the global domination project helps us understand how fully this project reflects
"fanaticism based on a deeply perverted value system." This is a value system that is diametrically opposed to the value systems on which all the great religious
and moral traditions of the world have been based. These traditional value systems say that we should not covet, steal, and murder, and that we should make sure
that everyone has the necessary means for a decent life. But our government's project for global domination is carried out in the name of the greed of the "haves" of
the world to have still more, even if it means killing hundreds of thousands of people and letting millions more die every year of starvation and poverty-related
diseases. We can now see, furthermore, that some political and military leaders are so fanatically infected with these perverted values that they are willing to kill
thousands of their own citizens, then endlessly use a deceptive account of these terrorist attacks to justify "a war on terror," in the name of which they claim the
right to do virtually anything they wish, ignoring all principles of morality and international law.

What is the purpose for amassing great quantities of wealth, more than one can possibly use? Power can be a form of compensation for
insecurity, but power can also be a high for a person who has everything and is bored with life. The economic maelstrom created by the
world plutocracy is no longer just for pleasure seeking in the ordinary sense, buying big houses, fancy cars and land, etc., it is evident that
the purpose is power. It has been done before, by the empires of the past, and was described in detail by M achiavelli. However, the current
level of power-seeking is unprecedented in that the goal is not just to acquire and control territories or commodities, but to control whole
governments and whole countries, along with the people in them. Thus, there is great investment in mass media, genetic manipulation of
food and more effective means to control people physically [riot control methods].

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As Noam Chomsky explained, the reason for the power elite promoting fiscally unsound expenditures such as the private health
care system and swollen deficits and bloated defense budgets that are justified by fear of enemies, is for the purpose of driving the economy
into a state of crisis that will force the drastic action of cutting social programs altogether, which will undercut the populace and leave them
destitute and at the mercy of the power elite with their vast military power. This means that the population within the developed country
would become conditioned through terror alerts and fear of dire economic conditions to accept becoming relatively as destitute as those
people in the developing countries, and would become more pliable to the control of the power elite.

So what Alexander, Caesar, Napoleon, Genghis Khan, Attila, the British Empire and others could not do has been attempted by the
world power elite through such strategies as fiat currency, institutions such as the I.M .F. and the World Bank, as well as conditioning of the
minds of people through propaganda, mindless entertainments, barbaric sporting events, meat eating, chemicals in foods, and fear instead of
cooperation.

M any of the problems faced by the U.S.A. society in particular and the world in general [political-social-economic] occurred in ancient
civilizations such as ancient Rome. Ancient Rome faced the barbarians at the gates. With the disengagement of the dollar from the gold
standard, the present devaluation of the dollar, the real estate bubble, the rise of global warming and the coming healthcare crisis, a situation
reminiscent of ancient Rome looms on the horizon. Who are the barbarians now? the political and religious fundamentalists and
corporations who have blinded themselves to rationality and espouse ideas that are destructive to society. This should remind us of movies
such as Robocop, where the corporations take over the insolvent government and the tyrants are in the boardroom! So the source of social
degradation is the society itself due to not acting in ways that are in harmony with truth. Living in a way that promotes pleasure-seeking
and disregard for truth promotes pain and suffering to other humans, animals, as well as nature itself. This is the source of ill health as well
as a contributing source of distress, anger and hatred in the world. It is more than ironic that that pain and suffering meted out by humanity
is being returned to humanity in the form of degenerative and infectious diseases and inhabitable environments.

There are voices of reason in todays society, though the din of fear mongering, warmongering, apocalyptic fanaticism, and or the
corporate blind championing of capitalism drown them out.

Gary Hart, former U.S.A Senator and presidential candidate, and author of the book, The Shield and the Cloak: The Security of the
Commons, discussed military security, government corruption and the needed political reforms for the U.S.A. government in order to turn
away from the current course in his book, and in an interview on news program Democracy Now:

Basically, what the country is going through now is a rerun of what happened during periods of the Vietnam War, in which largely the
Nixon administration undertook illegal activities to place American citizens under surveillance and accuse them of unpatriotic conduct, and justifying support for
the war -- using support for the war as a justification for violation of constitutional rights and liberties. So, what's happening now is a rerun of history, in effect
I think we have to broaden our understanding of what it means to be secure in the 21st century. The 20th century clearly was a century of ideology. We
defeated imperialism, we defeated fascism. We stood off communism. And that ended in 1991. And now, we're not clear on -- I mean, war on terrorism replaced
containment of communism as our central organizing principle. But if you've lost your job, you're not secure. If your children are contaminated by pollutants,
you're not secure. If your son or daughter loses their lives -- their life in Gulf War III, IV or V, so your neighbor can drive his Humvee, you're not secure. So we
have to broaden our understanding of what security means to include the environment, to include energy, to include economic livelihood. And I don't know
anyone else that's making this argument.
And second, the idea of national security is simply eroding, because America can't be secure if the rest of the world is insecure. So rather than go it alone, as
we are right now, we desperately need international alliances and friends and partners, both to deal with terrorism, but also to address issues like global warming.
The challenges of the 21st century include mass migration south to north -- the Europeans and we are suffering -- I mean, are experiencing this; climate change and
global warming; weapons of mass destruction; and the list goes on. Those do not lend themselves to military solutions, nor can any single nation solve any of
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those problems.

The community of humanity must work to reduce and ultimately abandon the idea of nationalistic exclusiveness in which nations seek to
selfishly promote their own agendas, excluding the needs of other nations. Just as a family cannot operate well if some members of the
family are selfish, so too, the human community will not function well. It will be continuously beset with conflicts and strife.

You as an individual must stand up for your own financial and physical health. Those who want to rely on the government or on
authorities or on anyone else to provide for their security are deluded. Seek to understand the meaning of life, simplify your life and create
conditions that are conducive to peace in your life, community, nation and world.

That U.S.A. culture is headed for hard times is now accepted by economists and environmental scientists as well as social scientists.
Financially, the reason is that will be the only way to balance the trade deficit and start to pay for the government debt. Environmentally,
the reason is that the raising of the global temperature is and will cause severe problems for humanity. In health, the reason is that most
people continue to accept the notion of eating animal products, which have been scientifically linked with serious and potentially deadly
conditions of ill health, such as cancer and heart disease, and the production of which is degenerative to the environment.

There are many people in society who choose not to face these issues, and when the result of those social policies reaches a certain level
that will be undeniable and uncontrollable, those people will be surprised. When you look around and see people driving new cars, buying
cars, houses, and boats, running up large debts on their credit cards, going to the movies, watching TV and carrying on as if everything is
OK, thinking that the government will perpetuate the current situation indefinitely, you might tend to fall into that delusion along with
them. Yet, it cannot continue indefinitely because the government does not exist in a vacuum or in a world that it can control indefinitely.
Other people will inevitably develop their economies to the extent that they will not want to support U.S.A. consumerism at the expense of
their own economies, which has already started to happen in several parts of the world. As was demonstrated with the 2003 war in Iraq, the
U.S.A military power is limited. So if sufficient numbers of people arise and throw off the U.S.A. economic hegemony from their countries,
the U.S.A. economy will fall; that process has already begun.

M ost people in the U.S.A. who are finding out about these issues, and who have ethical consciousness or who are fearful of the future,
are overwhelmed and do not know what to do. They have been inculcated with sentimental ideals of the American Dream or are too lost in
the day-to-day struggle to pay their bills and cannot pay attention and reorient their lives to control their government and the people
running it.

So the same type of belt tightening measures that the I.M .F. imposes on other countries will be felt in the U.S.A. The question is how
harsh will the coming austerity period be and how long it will last? Looking at the cases of the United Kingdom, M exico, and Argentina, it
will be a situation that the current generation has never seen, and factoring the extreme and unprecedented depth of the negative financial
condition, it will be more severe. This is why there likely will be civil unrest and social strife. The so-called American way of life and the
American standard of living would likely be lost to the middle and lower classes of the society. In order to maintain order, the police
forces would have to be well paid, and police brutality and abuses would increase, until the society may approach the level of martial law.
Yet, life would go on. Though people know intrinsically that they have been living in a bubble reality, nevertheless, they would not want to
accept the new condition, and so there would be strife, anger and widespread disgust and lawlessness.

Perhaps the most amazing phenomenon of this research is that while western culture has given perhaps the most freedom of speech than
other government systems in modern times, most of its people generally seem to be intoxicated with the luxuries of consumerism and are
smitten with their government leaders in such a way that the leaders can do what they please as long as the economy allows the
consumerism to continue. It is as if the culture is disconnected from its humanity and does not understand the interconnectedness of life,
which demands retribution for unethical behavior, complacency and acquiescence.

The biosphere of the earth is one connected system, so if a part of it is distressed, it will affect other parts. Therefore, the nineteenth
century mechanistic idea of the world as a machine with separate parts does not work. The human race is also not a machine. The injustices
perpetrated on one group are visited on the other in the fullness of time, just as pollution in one country affects all other countries around
the world. So it is indeed the responsibility of every human being to promote equity and justice for all populations and for the earth and to
resist the temptation to become lost in the sea of greed and self-centered vanity.

It is incumbent upon every human being to discover the means to understand the plight of the world today and not get caught up in the
rhetoric and propaganda of war and pleasure-seeking that cloud the intellect to the true meaning of life and the possibilities for making the
world a better place, while at the same time discovering ones purpose and true happiness in life. While it may not be possible to avoid the
hard times ahead, the past lessons must be faced and the truth must be upheld through direct pursuit of justice for all peoples in all
countries. Until that happens, there will be no end to empires, no end to tyrants and dictators, because if injustice is allowed abroad and not
at home, the injustice in the heart will manifest at home unconsciously and silently until it destroys the fabric of culture and its very
foundation, which is the justice system. Complacency and apathy are not acquired all at once, but year in and year out, in degrees, after
many struggles in paying bills and mortgages and listening to propaganda day in and day out. As with any cycle, we are coming to the end of
the U.S.A. empire as we have known it for the last 60 years, but there is always some other emperor waiting in the wings, to pull the wool
over the eyes of the ignorant, the tired, the hungry or the fanatical. So knowledge is a key, self-sufficiency is a key, organization is a key,
and ethics is a key to establishing the next society if it is to be governed by balance, justice, equitable economics, natural health and
compassion for all human beings.

"When opulence and extravagance are a necessity instead of righteousness and truth, society will be governed by greed and
injustice."
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-Ancient Egyptian Proverb

On February 15th and 16th 2003, some 10 million or more people around the world expressed their overwhelming opposition to the war
in Iraq through marches and demonstrations. This was an unprecedented move by the worlds people who are cognizant of the danger of
militarism and many of whom have experienced the devastation of an unjust world market economy. Citing the failure of Brazils leader,
Luiz Incio Lula da Silva, and South Africas leader, Nelson M andela, to truly transform a political victory, ousting the corporocracy and
establishing a government and economy that serves the common people, Arundhati Roy made some astute observations.

I'm thinking here of President Luiz Inacio Lula da Silva of Brazil. Lula was the hero of the World Social Forum last year.
This year he's busy implementing IM F guidelines, reducing pension benefits and purging radicals from the Workers' Party. I'm
thinking also of ex-president of South Africa, Nelson M andela. Within two years of taking office in 1994, his government
genuflected with hardly a caveat to the market god. It instituted a massive program of privatization and structural adjustment,
which has left millions of people homeless, jobless and without water and electricity.
Why does this happen? There's little point in beating our breasts and feeling betrayed. Lula and M andela are, by any
reckoning, magnificent men. But the moment they cross the floor from the opposition into government they become hostage to a
spectrum of threats most malevolent among them the threat of capital flight, which can destroy any government overnight.
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Radical change will not be negotiated by governments; it can only be enforced by people.

If there is a solution to the problem of the world power elite and their military industrial complex, it likely is the uprising of millions of
individuals who refuse to go along with plans that enrich the rich and slowly drain the life out of the poor, and which call for the constant
conflict and warmongering that cause people to succumb to their fears and render them weak, malleable subjects, ripe for manipulation and
self-destruction. That will be the death of empire by popular demand. But that will hold as long as people remember and are vigilant, for the
seeds of imperialism remain in the egoistic psyche and the desire filled personality that wants to rule and become rich.
Article XIII. A Window of Opportunity?
The title of this book, The Death of American Empire, contains the word and concept of death, but here death should not be thought of
in the ordinary way, as a final and absolute end. Affording to some spiritual traditions there is an afterlife, and to others there is
reincarnation. The imperial idea will not die forever, but it will die as we know it, and the culture that gave birth to it will continue but in an
unknown different form. In time, people will forget the past just as they have forgotten about the Great Depression of the 1930s. Then
there will be a time of seeming prosperity, and yet another crash, and people will say why didnt we do the right thing? Why didnt we
learn from the last crash? Before that happens there may be an opportunity to change things, to change the way that society is arranged, and
to institute sustainable and renewable economies. There are many groups that would like to see the U.S.A. fall, some because they are scared
of U.S.A. hegemony and others because they are rivals of U.S.A. imperialist power and would like to take its place. Still others would like
to see the downfall because of grievances due to past U.S.A wrongdoings to other countries and dissidents. There is a concept called ariu in
Ancient Egyptian Philosophy and karma in Indian Hindu and Buddhist Philosophies. This concept holds that the past actions lead to
present conditions. Thus, the present negative conditions being faced would be due to past unrighteousness. This concept is akin to the
orthodox Christian Jewish, Islamic (and other religions) concept of reaping what one sows, however, the Ancient Egyptian, Hindu and
Buddhist traditions all believe in reincarnation (and thus the effects of ones actions from ones past lives can also manifest in this present
lifetime or a future one) whereas orthodox Christianity does not. However, the commonality in all of these traditions is a recognition that
there is some resulting consequence for ones actions that will be expressed in ones life. Negative actions will lead to negative consequences,
which will be viewed as punishment by some; others might call this chickens coming home to roost. Nevertheless, the results or
consequences of negative actions lead to suffering, which is supposed to teach lessons of not repeating the offensive act; thus, if the offender
learns the lessons, that person would become increasingly virtuous as their life progresses. If the sufferer does not learn the lessons and
become virtuous, they are bound to commit the same actions again that will lead to more suffering in this life, or with respect to religions
that believe in reincarnation, also the next. Nations have ariu or karma, just as individual do. Examples of this are the troubles encountered
by the U.S.A. with Iran and also with various South American countries due to a backlash from the U.S.A. sponsored toppling of
governments and support of dictators, etc.

Yet, the downfall would cause worldwide problems for all nations, but eventually others may try to take the place of the U.S.A.,
perhaps Russia or China, and that will lead to strife. So provisions should be made to promote a family of nations that promote the common
good instead of individual agendas; that was the original goal of the United Nations.

The empire that is the United States as we know it today, just as with the Roman, Ottoman, British and other empires that came before,
will come to an end. There will be a necessity to scale back all areas of society. It will not be possible to have unrestricted consumerism and
deficit spending. The government will not be able to sustain armies all over the world. All of this would cause innumerable problems in the
economy as the consumerism comes to an end. There would be massive social disruption of the previous way of life. Government officials
would have difficulty governing, so there would have to be repressive measures imposed.

During this period of reorganization of society, which could last about one generation, there would be much strife, scapegoating and
political demagoguery as well as religious fundamentalism and fanaticism. But amidst the chaos, there would be an opportunity that is not
now possible. The lifestyle of consumerism and world dominance that has been perpetuated since the end of World War II and has become
accepted and expected by most people would be shattered, and so too the unwillingness of most people to listen to the voices of reason and
face the reality of the error of consumerism, capitalism and selfishness would be reduced. But even so, the capacity for the population to
make use of this opportunity would depend on how much the people wanted to hold on to the bogus notions of American Supremacy or
the American Dream and the illusory value of the U.S. Dollar.

If the society turns away from hegemony to cooperation and real promotion of democracy and freedom around the world instead of
promoting dictators that favor U.S.A. political and economic designs, the world may indeed move in a new direction that could lead to a
positive outcome for all humanity. How are those who want to promote a better society in the future to know the true direction of
government policies? And how are they to control government and make sure that the policies of sustainable, ethical government are enacted
and enforced?

The true agenda of any government is not determined by the rhetoric of its leaders but by the items contained in the governments
budget. For instance, while President George W. Bush spoke about supporting veterans, he was at the same time cutting veterans benefits.
There would be an opportunity to expose this kind of duplicity in government and to implant ethical values in government that would
manifest in fiscal responsibility in government; this would also mean an end to fiat money and budget deficits.

In order to make a new society, the government and economic systems must be changed. The current constitutional system of the
U.S.A. allowed the country to become what it has, and so those errors must be confronted, if possible by amendments, but if not by
changing to a new system of government that takes power from government officials and makes them accountable to the masses. The power
of corporations and their mandate to make profits at all cost must be abolished. The oil-based economy must be changed to renewable fuels,
with all due haste, as an emergency.

It is important to end the corporate scheme of society and to institute regulations that protect workers and human rights, both nationally
and internationally. U.S.A. corporations should not be allowed to collude with foreign governments to enslave their populations with meager
wages in order to produce cheap goods to sell to the U.S.A. population and elsewhere. This can be done by ending the legalized government
bribery system, that is, lobbying, and the legal status of corporations as persons.

It is important to join the world community that is overwhelmingly in favor of facing the global warming issue instead of forestalling
efforts by obfuscating the truth so as to prolong corporate irresponsibility and profits. The U.S.A. government should also join the
International World Court and humble itself to international law.

There are many people who speak of the lofty ideals of the U.S.A. Constitution and the Bill of Rights. They often tout it as a beacon of
light for the world. If that is true, the upcoming period may offer the opportunity for those who believe in those ideals to create a movement
in society that might cause a retreat from militarism, racism and sexism, and the rule of the government and the economy by a minority of
men of European descent.

Nevertheless, it would seem that if the U.S. Constitution has such lofty ideals, there was some flaw in it that allowed the culture to be
degraded to the degree that it did, with government officials that colluded to take bribes and break laws with impunity. So it is apparent that
greater effort should be made in raising an ethical society and correcting the flaws in the Constitution in order to better prevent these kinds
of situations.

So what will you do to work towards that high ideal? How will you prepare yourself to meet the upcoming challenges to survival? What
organizations will you join in order to promote those high ideals? How will you position yourself and your family in order to protect and
preserve health? This is the time to reflect on these questions. But the reflection time should not be too long, because it may be necessary to
take action soon to begin preparations.
Q&A
Article XIV. Question: What happens if there is war with Iran?
Answer: Firstly in order to reflect on the reason for this question and discern the possible answer we need to see why the war is
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possible. In an interview on the program Democracy Now, hosted by Amy Goodman, guest Antonia Juhasz, visiting scholar at the
Institute for Policy Studies, spoke about the blatant statements by Oil company and government contractors about how they would like to
see Iraq and the rest of the M iddle East invaded by the U.S.A. so that they can control the oil and get government contracts.
AMY G OODMAN: In your chapter "A Mutual Seduction," you have a quote of Ken Derr, the former C.E.O. of Chevron, 1998. I know his tenure well. It was
the time in the Niger Delta that Chevron was involved with the killing of two Nigerian villagers, who were protesting yet another oil spill of Chevron and jobs
not being given to the local community as they drilled for oil. But your quote here says, Iraq possesses huge reserves of oil and gas, reserves I would love
Chevron to have access to. And then you follow that by a quote of John Gibson, Chief Executive of Halliburton Energy Service Group, who says, We hope Iraq
will be the first domino and that Libya and Iran will follow. We don't like being kept out of markets, because it gives our competitors an unfair advantage.

ANTONIA JUHASZ: I love it when they re honest. It doesn t happen very often. Yeah, these companies have been explicit, for decades, that they want in,
particularly to Iraq. The reason is obvious. Iraq certainly has the second largest oil reserves in the world, but some geologists believe it has the largest, at least on
par with Saudi Arabia. That's a tremendous pool of wealth. And not just have the companies been clear that they want access to that oil, U.S. leaders -- for example,
Dick Cheney, P aul Wolfowitz, Zalmay Khalilzad, Donald Rumsfeld -- have all been explicit for the past 20 years that what the U.S. needs to do is gain increased
access to the region's oil, and most explicitly during the 90s, Iraq's oil, that this is something that shouldn t be in the hands of Saddam Hussein.

The statements above clearly show how the economic motivations act to foment wars. Thus, it is possible to see the growing
willingness and active search for situations in which to use the military in order to stimulate the economy and expand the economic
prospects of the United States throughout its history. It is this factor [war-specifically World War 2] also that allowed the United States to
emerge out of its most profound economic depression and stagnating economy to become the most powerful economy in the world. Now
we know that the possible reasons for war with Iran are, from the perspective of the U.S.A., economic since Iran cannot pose a threat to the
U.S.A. unless it has nuclear weapons, but why would it use nuclear weapons against the U.S.A. if there have been no hostilities and since
the U.S.A. has many more bombs, enough to annihilate Iran?
May 23, 2006
Paranoia as Policy
How B ush B rewed the Iran Crisis
B y PAUL CRAIG ROB ERTS
Why did the Bush regime create a crisis over Iran?
The answer is that the Bush regime is desperate to widen the war in the Middle East.
What has Iran done? Unlike Israel, P akistan and India, countries that developed nuclear weapons on the sly, Iran signed the non-proliferation treaty.
Countries that sign this treaty have the right to develop nuclear energy. The International Atomic Energy Agency monitors their energy programs to guard
against the programs being used to cloak a weapons program. Until the Bush regime provoked a crisis, Iran was cooperating with the inspection safeguards.
The weapons inspectors have found no Iranian weapons programs.
There is no evidence for the Bush regime's accU.S.A.tion that Iran is developing nuclear weapons. What the Bush regime is trying to do is to unilaterally
take away Iran's right under the non-proliferation treaty to develop nuclear energy. It is the Bush regime that is violating the treaty by attempting to deny its
benefits to Iran. The Bush regime is acting illegally because of its paranoid suspicion that 5 or 10 years in the future Iran will use what it has managed to
learn about uranium enrichment to develop a weapons program.

M r. Roberts explained that the real fear is not that Iran may gain nuclear weapons and use them on Israel but that Iran may gain
sufficient time to develop nuclear weapons in thereby be able to oppose U.S.A. hegemony and control, just as India and Pakistan have been
able to do.

In early 2006, the political and military situation had deteriorated to such an extent that the rebellion in Iraq had sparked violence
between the two main religious factions of the country [Sunni and Shia], which further destabilized the country and further weakened the
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U.S.A. economy and military. Since the president apparently lied about the reason for war and used manipulated intelligence that said
Iraq had weapons of mass destruction, there were far more people less willing to believe what was said by the U.S.A. in the Fall, 2005 about
the impending threat from Iran. Those statements made in Fall, 2005 were intensified because of the infamous statement by President
George W. Bush using the term axis of evil in his State of the Union Address on January 29, 2002, describing supposed "regimes that
sponsor terror" where he named Iraq, Iran, and North Korea as forming that axis. But this time even the media, which had been accused by
critics as being little more than a stenographer for the government, did not echo the call for war with the same enthusiasm as it did
previously for the war on Iraq. Nevertheless, the Bush administration kept up intensifying the rhetorical pressure on Iran as if there was an
imminent threat of nuclear attack from Iran; that pressure was applied even though a report emerged in the Washington Post that stated a
contradictory assessment of Irans nuclear capabilities by the U.S. intelligence review. So, just as was done with Iraq, the military
assessments were ignored because they did not fit the geopolitical agenda of attacking and controlling Iran.

Iran Is Judged 10 Years From Nuclear Bomb


U.S. Intelligence Review Contrasts With Administration Statements By Dafna Linzer
Washington P ost Staff Writer
Tuesday, August 2, 2005; P age A01

A major U.S. intelligence review has projected that Iran is about a decade away from manufacturing the key ingredient for a nuclear weapon, roughly doubling
the previous estimate of five years, according to government sources with firsthand knowledge of the new analysis.
The carefully hedged assessments, which represent consensus among U.S. intelligence agencies, contrast with forceful public statements by the White House.
Administration officials have asserted, but have not offered proof, that Tehran is moving determinedly toward a nuclear arsenal. The new estimate could provide
more time for diplomacy with Iran over its nuclear ambitions. P resident Bush has said that he wants the crisis resolved diplomatically but that "all options are on
the table."

Despite the reports about Irans nonexistent or suspended nuclear development, the President and his advisors continued to make
provocative statements and threatening assertions about the supposed danger Iran posed.

Democracy Now Headlines f or March 7, 2006


Tuesday, March 7th, 2006
US Dismisses Possibility of Compromise on Iran Nuclear Activity

In other news, the United States has dismissed the possibility of reaching a compromise in the international standoff over Iran s nuclear ambitions. Iran has
been in talks to move its nuclear enrichment activities to Russia. The US announced its stance after U.N. International Atomic Energy Agency head Mohamed
ElBaradei said a deal between Moscow and Tehran could prevent Iran s referral to the UN Security Council.
After the U.S.A. invasion of Iraq, Iran attempted to make peace with the U.S.A. which would have included not developing nuclear
weapons. The Iranian government made diplomatic overtures to the U.S.A. government, wanting to negotiate with President George W.
Bush as they had with President Bill Clintons administration. However, President Bush and his advisors rejected those overtures,
preferring instead to label Iran as part of an axis of evil and thereby provoking Iranian hard-line leaders to gain support to move towards a
confrontation with the U.S.A. and thereby creating an enemy for the U.S.A. to oppose. In this way a confrontation posture could be
maintained in the U.S.A. foreign policy that would necessitate continued military spending and also a continued focus of fear for the
administration to call upon to rally people to its cause and reduce opposition to its policies. Also, not having foreseen the debacle in Iraq,
the administration expected quick success in Iraq that could be a springboard for further invasions of Iran, Syria and other nations in the
M iddle East so they rebuffed Irans overtures. However, the failure in Iraq reduced support for any other military actions. Now Iran, seeing
the weakness of the U.S.A. in Iraq and the reduced standing in the international community due to the absence of weapons of mass
destruction in Iraq and the revelations of manipulated intelligence and lies to take the U.S.A. to war with Iraq, Iran is defying the U.S.A.
attempts to control it.
In 2003, U.S. Spurned Iran's Of f er of Dialogue
Some Officials Lament Lost Opportunity
By Glenn Kessler
Washington P ost Staff Writer
Sunday, June 18, 2006; P age A16
Just after the lightning takeover of Baghdad by U.S. forces three years ago, an unusual two-page document spewed out of a fax machine at the Near East bureau
of the State Department. It was a proposal from Iran for a broad dialogue with the United States, and the fax suggested everything was on the table -- including full
cooperation on nuclear programs, acceptance of Israel and the termination of Iranian support for P alestinian militant groups.
The subsequent failure of the U.S.A. invasion in Iraq, bogging the U.S.A. army and government down, emboldened Iran to proceed
with nuclear power developments which are entirely within international law but which worries the U.S.A. conservatives and neo-
conservatives most, because those developments could nevertheless in the future (several years) be used to produce nuclear weapons (just
as the U.S.A. did).
When we examine the political rhetoric that was put out by the U.S.A. government related to Iran, we discover a parallel with the
kinds of statements that were put out in the time running up to the attack on Iraq. It was a media and public relations effort to sway public
opinion to support an attack on Iran. The Republican Party [in power] was not the only source of belligerent statements advocating war on
Iran. The following statement came from Democratic Senator Hillary Rodham Clinton of New York, who was speaking at Princeton
University in January 2006. Her statement echoes those by other Democratic Party leaders who support the same imperialist and
hegemonic strategies that have characterized the history of the U.S.A.
We must move as quickly as feasible for sanctions in the United Nations, and we cannot take any option off the table in sending a clear message to the current
leadership of Iran, that they will not be permitted to acquire nuclear weapons.
Vice President Dick Cheney made even more aggressive statements while addressing the American Public Affairs Committee on Tuesday
M arch 7, 2006.
The Iranian regime needs to know that if it stays on its present course, the international community is prepared to impose meaningful consequences. For our
part, the United States is keeping all options on the table in addressing the irresponsible conduct of the regime.
On the same day as Cheneys statements, Donald Rumsfeld, the Defense Secretary, spoke at a Pentagon news conference and said the
following, when he was asked about Iran.
I will say this about Iran. They are currently putting people into Iraq to do things that are harmful to the future of Iraq, and we know it. And it is something
that they, I think, will look back on as having been an error in judgment.

After the above and other ominous accusations of Iran, that they were sending fighters into Iraq, the top military officer for all the
U.S.A. armed forces was asked about the evidence about that claim. He looked over to his left, at the secretary of defense, Donald Rumsfeld,
who had made the aggressive statements earlier, and then he turned to the reporter who asked the question and denied the claim, thereby
exposing the disingenuous statements that prompted most progressive commentators to suggest that the purpose of the false statements
was to drum up support for attacking Iran.

DEMOCRACY NOW, Headlines f or March 15, 2006

Top US Military Commander: No Evidence of Iran Links


Meanwhile, the top US military commander said Tuesday there is no evidence Iran is aiding the Iraqi insurgency. At a P entagon briefing, Gen. P eter P ace, chair of
the Joint Chiefs of Staff, was asked if he thought Iran was arming militants or sending weapons to Iraq. P ace replied: I do not sir. P ace s comments appear to
contradict recent statements made by both P resident Bush and Defense Secretary Donald Rumsfeld linking the violence in Iraq to the Iranian government.

Along with the statements described above, apparent baseless lies and deceptions by President Bush and his assistants, journalists
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such as Seymour Hersh revealed that the administration was considering limited nuclear weapon strikes on Irans nuclear research sites.
Those reports led to controversy since the use of nuclear weapons would seem to be a departure from U.S.A. policy and international
relations. The issuance of threats to use nuclear weapons is unfortunately not new. In an interview with journalist Amy Goodman, the
author of the Pentagon Papers and former military analyst Daniel Ellsberg revealed that the late journalist, Jack Anderson, whose files are
currently being sought by the F.B.I. in order to confiscate any classified documents he might have uncovered [part of a new program to seize
and classify information damaging to the government], revealed the startling history of the use of the threat to use nuclear weapons by
Presidents Carter and Truman, who were both of the Democratic Party.

Jack Anderson, in a little known expose which is in one of his memoirs, also revealed that P resident Carter was making nuclear threats over a possible
intervention by Russia into Iran in 1980. I'll bet even you don't know about that, Amy. It s really very little known, but there's a good deal in print about it now,
nobody remarks. Carter was threatening to use nuclear weapons in connection with a possible second raid, amounting to an invasion into Iran, which is part of a
very long pattern of U.S. making nuclear threats over Iran, as it is doing this week. We're using our nuclear -- we're using our nuclear weapons in Iran right now.
We're using them by pointing the nuclear gun at these people, whether we pull the trigger or not.
Harry Truman claims, in a number of times, that he got the Russians out of northern Iran, Azerbaijan, in 1946, by threatening to use an atomic bomb on it. They
didn't. If correct -- and he said it four times -- that would be the first use of our using nuclear weapons since Nagasaki, and that was in Iran, which is on the border
of Russia and has oil fields. We don't -- we never wanted to go to Russia, and now we don't want to be under the control of Iranians who are not friendly to us.
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If we examine some economic acts by Iran, we may discover some motivating reasons for the U.S.A.s government to make such
seemingly irrational belligerent and urgent statements about the supposed danger of Iran, which sounded like the statements about the
supposed danger of Iraq. Saddam Husseins act of selling oil in Euros instead of dollars in the year 2000 that contributed to the neo-
con desire to invade Iraq and control its oil is to be surpassed by Iran. The following excerpt from an essay by William Clark explains.

The Iranians are about to commit an "offense" far greater than Saddam Hussein's conversion to the euro of Iraq s oil exports in the fall of 2000. Numerous
articles have revealed P entagon planning for operations against Iran as early as 2005. While the publicly stated reasons will be over Iran's nuclear ambitions,
there are unspoken macroeconomic drivers explaining the Real Reasons regarding the 2nd stage of petrodollar warfare - Iran's upcoming euro-based oil Bourse.
In 2005-2006, The Tehran government has a developed a plan to begin competing with New York's NYMEX and London's IP E with respect to international
oil trades - using a euro-denominated international oil-trading mechanism. This means that without some form of US intervention, the euro is going to establish a
firm foothold in the international oil trade. Given U.S. debt levels and the stated neoconservative project for U.S. global domination, Tehran's objective
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constitutes an obvious encroachment on U.S. dollar supremacy in the international oil market

What is the Petrodollar?


A petrodollar is a dollar earned by a country through the sale of petro(leum). The term was coined by Ibrahim Oweiss, a professor of economics at
Georgetown University, in 1973. Oweiss felt there was a need for a word to describe the situation which was occurring in the OP EC countries, where it
was entirely the sale of crude oil which allowed these nations to prosper economically and to invest in the economies of the nations which purchased
their oil. More recently, speculation has arisen that OP EC may switch from the US dollar to the Euro, inaugurating the P etroeuro. So far, OP EC has
resisted this move although some OP EC members (such as Iran and Venezuela) have been pushing for a switch to the Euro. During Iraq's Oil-for-
Food P rogramme, Saddam Hussein did switch to the Euro and some commentators claim this switch was another factor contributing to the 2003
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Invasion of Iraq.

In a paper by Ciln Nunan, the author explains the importance of Petrodollars to the U.S.A. economy.

A move away from the dollar towards the euro could, on the other hand, have a disastrous effect on the US economy as the US would no longer be
able to spend beyond its means. Worse still, the US would have to become a net currency importer as foreigners would probably seek to spend back in
the US a large proportion of the estimated three trillion dollars which they currently own. In other words, the US would have to run a trade surplus,
providing the rest of the world with more goods and services than it was receiving in return. A rapid and wholesale move to the euro might even lead to
a dollar crash as everyone sought to get rid of some, or all, of their dollars at the same time. But that is an outcome that no-one, not even France or
Germany, is seeking because of the huge effect it would have on the world economy. Europe would much prefer to see a gradual move to a euro-dollar
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world, or even a euro-dominated one.

Now that we have seen the why of the question of war with Iran and we have seen that the reason is greed and power as well as the
factor that the explanations of Iranian aggression and nuclear weapons are only excuses for war we can now see that war is possible since the
truth about the weapons is that there are none and yet the call for war continues just as it did for war against Iraq; therefore we can now
move to reflect on what would happen if the war is started and then we can determine what can be done to prepare fore such a conflict. In
December 21, 2006 the program Democracy Now presented an interview with former UN Weapons Inspector Scott Ritter and Investigative
Journalist Seymour Hersh on White House Plans for Regime Change in Iran, the two discussed the possibility of war and the likely outcome
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of such a conflict. M r. Hersh questioned M r. Ritter about what such a conflict would mean and if it will occur.

SEYMOUR HERSH: We want to do one more question. Let me ask him one more question. One last question, which is, OK, briefly, we go to
war. We begin a massive bombing campaign. Take your pick. Odds are it s going to be systematic, at least three days of intense bombing, decapitation
probably, whichthat is one of the things you do when you begin a bombing attack, like we did against Saddam twice and like the Israelis did against
Hezbollah when they targeted Nasrallah. And I think we and the Israelis are now 0-for-8, almost as bad as Shrummy and his elections. But anyway, so
the question then iswe go to wartell us what happens next, in your view.

SCOTT RITTER: Well, it s, you knowit s almost impossible to be 100% correct, but I ll give you my best analysis. The Iranians will use the
weapon that is the most effective weapon, because the key for Iranyou know, Iran can t afford, if thisremember, the regime wants to stay in power, so
they can t afford a strategy that gets the American people to recognize three years in that, oops, we made a mistake. I mean, if that was Saddam s strategy,
it failed for him, because he s out of power. Yeah, we realize we made a mistake now in Iraq, but the regime is gone. So the Iranians realize that they have
to inflict pain upfront. The pain is not going to be inflicted militarily, because we re not going to commit numbers of ground forces on the ground that
can cause that pain. The pain will come economically.
Our oil-based economy is operating on the margins, as we speak. We only have 1.0% to 1.5% excess production capacity. If you take the Iranian oil
off the market, which is the first thing the Iranians will do, we automatically drop to around minus-4%, which means there ain t enough oil out there to
support the globe s thirst for oil, especially America s thirst for oil. And we re not the only ones drinking it? You think for a second the Chinese and
the Indians, the world s two largest developing economies, are going to say, Hey, Uncle Sam, we ll put everything on hold, so we can divert oil
resources, so you can feed your oil addiction, because you attacked Iran?
And it s not just Iranian oil that will go off the market. Why do you think we sent minesweepers up there? We ve got to keep the Straits of Hormuz
open. The Iranians will shut it down that quick. They ll also shut down oil production in the western oil fields of Saudi Arabia. They ll shut down
Kuwaiti oil production. They ll shut down oil production in the United Arab Emirates. They ll shut down whatever remaining oil production there is
in Iraq. They ll launch a massive attack using their Shia proxies in Iraq against American forces. That will cause bloodshed.
The bottom line is, within two days of our decision to initiate an attack on Iran, every single one of you is going to be feeling the consequences of
that in your pocketbook. And it s only going to get worse. This is not something that only I recognize. Ask Dick Lugar what information he s getting
from big business, who are saying, We can t afford to go to war with Iran.
SEYMOUR HERSH: Final question: given all this, are we going to do it?
SCOTT RITTER: Yes, we re going to do it.

Now that we see the reason for belligerence against Iran is not aggression by Iran against the U.S.A. but greed for power and control
over the wealth of Iran we may now look at the issue of what may happen. Despite evidence presented by the spy agencies of the country
in a document called National Intelligence Estimate that Iran shut down any nuclear weapons program it might have had and after being
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informed about the findings President Bush continued to call for war with Iran.
AMY G OODMAN: P resident Bush says Iran remains a threat, despite a new National Intelligence Estimate that concluded Iran shut down its nuclear
weapons program more than four years ago.
PRESIDENT G EORG E W. B USH: I believed before the NIE that Iran was dangerous, and I believe after the NIE that Iran is dangerous. And I believe
now is the time for the world to do the hard work necessary to convince the Iranians there is a better way forward.
AMY G OODMAN: The NIE is a consensus assessment from all sixteen US intelligence agencies. It starkly contradicts the Bush administration s repeated
claims Iran is actively pursuing a nuclear bomb. National Security Adviser Stephen Hadley announced the findings in Washington on Monday.
STEPHEN HADLEY: The intelligence community has high confidence that Iran halted its covert nuclear weapons program in the fall of 2003, and they
have moderate confidence that it had not restarted that program as of mid-2007.
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In a follow-up interview in April 28, 2008, M r. Ritter updated his assessment about the possibility of war with Iran.
AMY G OODMAN: Do you think the US does plan to attack Iran?
SCOTT RITTER: There s no doubt in my mind that the United States is planning right now, as we speak, a military strike against Iran. The
chairman of the Joint Chiefs of Staff and almost every senior US military official has pretty much acknowledged the same. They speak of the need to
punish Iran and deter Iran from continuing to provide material assistance to Iraqi groups, these so-called special groups that operate, according to the
United States, outside of the umbrella of the Mahdi Army. And they speak of the Iranian Revolutionary Guard Command as being a rogue organization
within the Iranian government that provides this support. The United States Senate, through the Kyl-Lieberman resolution, has pretty much given a
target list blessing to the US military by passing a resolution that labels the Revolutionary Guard Command as a terrorist organization. And the Bush
administration, of course, is engaged in a global war on terror backed by two congressional war powers resolutions.
We take a look at the military buildup, we take a look at the rhetoric, we take a look at the diplomatic posturing, and I would say that it s a virtual
guarantee that there will be a limited aerial strike against Iran in the not-so-near futureor not-so-distant future, that focuses on the Iranian
Revolutionary Guard Command. And if this situation spins further out of control, you would see these aerial strikes expanding to include Iran s nuclear
infrastructure and some significant command and control targets.
AMY G OODMAN: Scott Ritter, I want to thank you for being with us. Scott Ritter is a former UN weapons inspector in Iraq. He has written the
book, Target Iran: The Truth About the W hite Houses Plans for Regime Change.

It is important to understand that the issue of war with Iran and the dire economic consequences it would have are separate from the
already ongoing collapse of the US Dollar. If there is war with Iran some may hope that it would have a stimulating effect, like World War 2,
however, this is a different age and a different situation, especially with the position of the U.S.A. on the economic world stage and its
current bankrupt condition but also the fact that the rest of the world, not to mention Iran and China, is not likely to allow the U.S.A. to
control the resources of Iran or the world economy while those countries suffer occupation or economic bondage to the U.S.A. even as the
U.S.A. contributes nothing, due to its bankrupt state and minimal manufacturing base which means it produces little and contributes little to
real wealth creation. Now, what concerns should a prudent person have if war breaks out with Iran? Firstly, one should have heeded this
warning and begun preparations months prior. In other words, one should plan for any emergency before it happens. As of June 2008,
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there were also reports of Israel planning and practicing bombing raids on Iran. However, M r. Ritter recently has said that they do not
have the capacity to mount a sustained attack that would be needed over days which the United States of America has. There have also been
some rumors that President Bush will attack Iran before leaving office if he feels that the new president would not; presumably he is
referring to candidate Obama, since the other candidate, John M cCain, has already indicated a willingness, to bomb Iran and stop their
nuclear energy program that supposedly could be turned into a nuclear weapons program [which does not exist as per the National
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Intelligence Estimate] . Nevertheless, if that occurs the disruption to the world economy will be severe. The disruption to the U.S.A.
economy will be devastating since the economy depends on oil. Suddenly prices on commodities like food will increase dramatically and
gasoline will be too expensive for a significant portion of the population and the workforce will be severely disrupted. The national
economy would suffer and a substantial amount of taxes would go uncollected. So many government services would be disrupted. There will
eventually be hunger and rioting and an explosion of protests, political unrest and crime. It may eventually be necessary to establish martial
law and the U.S. Constitution could be suspended indefinitely which will mean that human rites will be at the discretion of government
officials and elections could be stopped, effectively leaving the president as a permanent dictator, as the old Roman Empire used to do. The
dollar will completely collapse since the raised prices will force the government to print as much money as needed to keep the government
running but that could only be a temporary measure before full crash; the dollar will be replaced by the Euro as the world reserve currency,
so the U.S.A. would lose that major benefit of automatic worldwide support of the US Dollar. The following assessment comce from John
Rubino, co-author, with GoldM oneys James Turk, of The Coming Collapse of the Dollar and How to Profit From It (December 2004).
Notice that their predictions are already occurring.
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What happens when the dollar collapses?

Many things, most of them bad. When foreign investors and central banks stop demanding dollars, U.S. bond prices will fall, which is another way of
saying that U.S. interest rates will rise. Mortgage and credit card rates will soar, bursting the housing bubble. Home prices in hot markets like
California and New York will fall by 50% or more in a matter of months, bankrupting millions of over-extended homeowners. The U.S. government will
respond by opening the monetary floodgates, printing as many paper dollars as necessary to keep the economy from collapsing. This surge in supply
will send the value of the dollar through the floor. P rices for most things will skyrocket, and people whose life savings are in cash, bank CDs or dollar-
denominated bonds, will be wiped out. Most U.S. consumer finance companies will be ruined, along with their stockholders.

THEN the Dollar Disease will go global. The only reason Japan or Europe have been able to generate their current meager rates of growth is the
willingness of U.S. consumers to buy their Hondas and BMWs. As the dollar plunges, Asian and European goods, priced in suddenly-appreciating
currencies, will become prohibitively expensive for U.S. consumers, who will respond by buying U.S.-made alternatives or nothing at all. Correctly
interpreting this change in buying patterns as a threat to their vital export sectors, European and Asian leaders will respond with the only weapon they
have left: monetary inflation. They ll cut interest rates and buy dollars with their currencies, flooding the world with euros and yen the way the U.S.
now floods the world with dollars. The result of these competitive devaluations will be a death spiral for all major fiat currencies, in which European
and Japanese bonds will, eventually, fare as badly as their U.S. cousins.

The U.S. Corporations that do not have substantial foreign income will suffer dramatically and many will fail, causing more
unemployment and more unrest. For the first time in years there will be more emigration than immigration. Those who have the capacity
and did not get out of the country when war broke out will leave the country. This includes citizens and non citizens. Those who stay will
band together if possible to form survival cooperatives or gangs or enclaves of well-to-do communities. Unemployment will transcend the
levels of the Great Depression.

A war with Iran either by proxy [perpetrated by Israel] or directly [perpetrated by the U.S.A.] would trigger an economic meltdown
of epic proportions. Even though some corporations may object it is possible that the president and his neo-conservative supporters [who
even after being wrong in Iraq have not been discredited and dismissed] may move forward seeing the disruption to themselves and the
economy and the population as an acceptable problem on the way to achieving their goals, domination of the M iddle East which means
control of oil and the oil-based world economic system.

So, a prudent person would make plans, so that in the event these events transpire, they can leave the country for a number of years or
join a support community of people of like mind and ethical interest, to help each other and cooperate in the tasks needed to run a
sustainable community with little or no government support. A prudent person should have a survival kit with first aid items, radios, books
and other items needed for survival. A prudent person would also plan to stock emergency food and fuel and then grow their own food and
plan for how to protect, educate and rear their children. A prudent person should look at this situation as a period of social disruption as
great as any short of civil war, in history and use the occasion as an opportunity to explore the meaning of life beyond the illusory rat race
lifestyle and American Idol nonsense, to a day when society will come back to normalcy and perhaps a new culture with improved values
may improve society. Do not expect this to happen overnight if at all. However, the work towards such a goal elevates all who attempt it
and eventually society as well.

NOTE: It is important to understand that the Dollar Crisis that started in the year 2007 was not caused by aggression against Iran but a
more pronounced catastrophe would be caused by it. The Dollar Crisis exists because of failed monetary policies that have been purposely
implemented and which will run their course even if there is no war with Iran because no attempt has been made to change the causes that
led to it.
Article XV. Question: If Barack Obama is elected as president of the United States of
America will that change the outlook for the future of the Dollar and the economy to be
more positive?
Article XVI.
June 2008
Answer:

NO.

Neither the election of Barack Obama or John M cCain will change the outlook to a positive. Why? Because neither one is proposing
righteous fiscal policies. They are both talking about more spending and not deficit reduction, in other words, the same form of government
and economic we have now! M r. Obama has talked about many new social programs and those are needed and should have been instituted
prior to spending cuts for the wealthy which were started in earnest under the Reagan administration and through Clinton and into the Bush
administration. However, no one is facing the reality that the United States of America is a bankrupt country and has been so for many
years. With almost no manufacturing base the economy has been turned into a service economy with lower paying jobs. As we said earlier,
the increased demand for products in China and India has raised prices for food but the other reason for the sharp rise in food prices and
other commodities is not just because of higher demand and the raising of the price of crude oil due to the increased demand.

Neither has talked seriously about solar power, wind power, solar thermal, solar photovoltaic, passive solar architecture, or other forms
of alternative fuels but rather support corporate oriented nuclear energy or fuels favored by oil companies or car companies. They have not
spoken seriously or offered programs for moving away from oil. So the current economic system will continue until it collapses or destroys
the environment to an irreparable state for human habitation. While Obama may appear to be the more benign of the two politicians it is
important to remember that he is a politician and that even if he were elected there are powerful people and groups who could, for political
or economic reasons, manipulate him or any president into doing something he or she did not want to do but may be compelled to do.

Obama recently appointed economic advisers related to the Robert Rubin school of Citigroup and the University of Chicago. The
Chicago school of economics is a theoretical perspective which favors free-market economics. It was developed and disseminated out of
the University of Chicago beginning in the 1950s. The leaders of this theoretical perspective were George Stigler and M ilton Friedman. This
theoretical framework included such ideas as: neoclassical price theory, free market libertarianism, rejection and refutation of Keynesianism
and favored monetarism and rejection of business regulation in favor of laissez-faire. The Chicago School theories were behind many policies
used by the World Bank and other Washington-based financial institutions, including the U.S. Treasury Department and International
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M onetary Fund. These institutions, controlled by western banks and governments, embraced free market ideas as solutions for
developing supposed reform strategies for economically wrecked countries. Influence by it, large amounts of state-owned companies were
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privatized in many Third World countries during the mid-1980s to the mid-1990s. The World Bank and IM F were instruments of
western financial powers for forcing developing countries to adopt economic strategies that were favorable to western businesses that
needed raw materials and open markets to sell their products but also restricted their ability to compete with western companies. The World
Bank and IM F would entice governments to accept loans that could later not be repaid or that they knew were going to dictators and not to
invest in the country. Then when the economies failed the World Bank and IM F would impose harsh conditions for repayment that forced
the populations (except for the dictators and or ruling classes) to starve and remain in protracted poverty which produced violence and
unrest that would then require repression and war which was handled by local soldiers trained by the United States of America in schools
such as the School of the Americas or if need be the U.S.A. would send United States troops to occupy countries or assist the local
dictatorial governments to enforce order without justice. So the Chicago School is not a Progressive or Liberal organization promoting
progressive ideals and policies. It is a failed strategy for maintaining the same format of economics that existed prior to the advent of
Reganomics, another failed strategy. In essence these amount to instruments of imperialism, the true goal and purpose of the U.S.A.
economy and military industrial complex.
Some have suggested that M r. Obama is saying the things he needs to say to get elected; this idea is accepted as a necessity of
political campaign rhetoric which people have grown accustomed to and even though the past is replete with politicians who promised
things to get elected and then forgot about the promises, since there is no mechanism to force politicians to keep their promises, many
people seem to harbor a hope that things will be different; that again we have seen many times throughout history. Yet it would seem that
M r. Obama has engendered a heightened expectation that his supposed political rhetoric of necessity and his reversals on previous policies
will be themselves reversed back to a liberal perspective once he wins the presidency. If that were the case then what would people think
once he were elected and began to take a progressive liberal agenda? Who in the opposition would support him if they do not get something
in return and gaining that quid pro quo, how would that serve a progressive agenda? As a mainstream candidate he is by default a supporter
of the current structure of government and economics so expecting those to change, save a major upheaval in sociopolitical culture, would be
unrealistic. Even in that case, a national emergency such as the collapse of the economy, there would be an opportunity but also an
incapacity [egoism, protecting their own positions, social status, income, communities, etc.] to deal with fundamental flaws in the
Constitution, the legal structure , the fundamentally unfair economic system, overbearing corporations, and the legalized bribery of
politicians.
In reference to the question of Israel and its relationship to the U.S.A. M r. Obama has made unequivocal statements of seeming
unconditional support for Israel, a mainstream position and an seemingly irrational support for the existence of Israel at the cost of U.S.A.
soldiers lives and billions in U.S.A. foreign aid so that Israel may develop a formidable army to insure its survival at any cost.
SEN. B ARACK OB AMA: Let me be clear. Israel s security is sacrosanct. It is non-negotiable. The P alestinians need a statethe P alestinians
need a state that is contiguous and cohesive and that allows them to prosper, but any agreement with the P alestinian people must preserve Israel s
identity as a Jewish state, with secure, recognized, defensible borders. And Jerusalem will remain the capital of Israel, and it must remain undivided.
-Barack Obama address AIP AC, the American Israel P ublic Affairs Committee 2008

SEN. JOHN MCCAIN: "It's a tough war we're in. It's not going to be over right away. There's going to be other wars..." "I'm sorry to tell you,
there's going to be other wars. We will never surrender but there will be other wars."
- John M cCain speaking to a crowd Jan. 27.
Both are talking about war with Iran and M r. Obama has signaled a willingness to attack supposed enemies in sovereign countries
without the permission of the government of the countries; that sounds like the same hegemonic act of an overbearing strongman who feels
he can hurt others and go into their property and do whatever he wants because he is stronger and has the capacity to do it. How is that
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different from the supremacy concept and domination manifest destiny concept that has permeated the culture from its inception; how
is that a new kind of politics, a departure from the American Empire culture? M r. Obama, appearing to want to position himself as the
staunchest supporter of Israel, has recently said that Jerusalem is sacrosanct which means he will support Israel if they decide to start a
war with Iran which will cause such havoc with the oil prices of the world that gasoline would probably jump in price 100% just for starters
and wreck the economy. Why was the use of the term sacrosanct adopted? Such a word calls to many a mind an ideal of religious fervor or
even fanaticism and unquestioning support for the existence of Israel, a country that is not formally a part of the U.S.A. but is tacitly
treated as such either due to its strategic position in the middle East and/or the fact that many Jewish people are influential in the U.S.A.
government. How does this further the peace process or the economic recovery?

Obama also said:


SEN. B ARACK OB AMA: We will also use all elements of American power to pressure Iran. I will do everything in my power to prevent Iran from obtaining a
nuclear weapon. Everything in my power to prevent Iran from obtaining a nuclear weapon. Everything.
Such statements by Obama and M cCain prompted Ralph Nader to make the following comment:
RALPH NADER: Well, it recalls Michael Abramowitz in the W ashington Post in March and New York Times reporters a few weeks later saying
that if Obama or Clinton were elected president, the foreign and military policy would not be much different than the foreign and military policy of
George Bush in his second term. And that illustrates that. The military-industrial complex and the politicians like Obama and McCain who support it
$700 billion, over half of the federal government s operating expenditure now is the military budgetare desperately looking for enemies, desperately
exaggerating enemies.
Iran has not invaded anybody in 250 years. Yet it s obviously frightened. It s surrounded by the US military west, south, east. It s been labeled
Axis of Evil by Bush, who invaded Iraq after he labeled them Axis of Evil. We have Special Forces, according to Sy Hersh, that go in and out of
Iran. What are they going to do? They talk very belligerently nationally, but they re really scared. I mean, we supported Saddam Hussein, logistically
and with materiel, in invading Iran, which took a half a million Iranian lives. They remember the shooting down of their civilian airliner years ago.
In reference to foreign policy, M r. Obama has enlisted the services of M r. Zbigniew Brzezinski as national security advisor. This is a
curious association as M r. Obama has talked about turning the page on previous administrations and restoring Americas standing in the
world and moving away from the aggressive and belligerent foreign policy of president George W. Bush administration. The 9/11/01 attack
provided the alleged reason for putting more military bases in Central Asia. Zbigniew Brzezinski, author and a former United States
National Security Advisor selected by President Jimmy Carter [Democratic Party], said having more bases in Central Asia would be
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imperative for preserving "American primacy" in part due to the large oil reserves that exist in the area of the Caspian Sea. The
permanent U.S.A. military bases in Iraq have been strategically placed around the oil pipeline. In his book, The Grand Chessboard:
American Primacy and Its Geostrategic Imperatives, Brzezinski, explained that the U.S.A. public had previously "supported America's
engagement in World War II largely because of the shock effect of the Japanese attack on Pearl Harbor," and he then suggested that the
American public of today would also support the necessity of military operations in Central Asia, now but only "in the circumstance of a
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truly massive and widely perceived direct external threat."

There is a document from an organization, established by a group of neoconservative thinkers who were instrumental in promoting
war with Iraq and convincing the country and president George W. Bush to go to war, that was created in the spring 1997, called The Project
for the New American Century, or PNAC, a Washington, DC based neoconservative think tank that seems to adopt Brzezinskis strategy,
discussed earlier. This document, 4 years before the 9/11/01 attack, predicted the need for a Pearl Harbor type event to accelerate the
agenda of establishing U.S.A. dominance in the world, which follows the philosophy of M achiavelli, and also Leo Straus, the
neoconservative thinker that outlined the neoconservative strategy for political domination of the populace. A line frequently quoted by
critics comes from the PNAC document entitled: Rebuilding America's Defenses, which famously refers to the possibility of a:

"catastrophic and catalyzing event like a new Pearl Harbor" (page 51).

The quote appears in Chapter V of the document section entitled "Creating Tomorrow's Dominant Force," which discusses the
perceived need for the Department of Defense to:
"move more aggressively to experiment with new technologies and operational concepts (page 50).
The document also contains the following:

"Further, the process of transformation, even if it brings revolutionary change, is likely to be a long one, absent some catastrophic and catalyzing event like
a new P earl Harbor."

What should a prudent person think about Obamas close association with someone who sees the world as a chessboard instead of
a family of communities, made up of human beings who all have the same right to live and discover the meaning of life? On M r. Obamas
campaign web site it is stated: Expand the Military: We have learned from Iraq that our military needs more men and women in uniform to
reduce the strain on our active force. Obama will increase the size of ground forces, adding 65,000 soldiers to the Army and 27,000
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Marines. We may ask how does the aforesaid resolve the issue of the over 700 military bases around the world and the military
spending that forms the majority of the national budget and which is already unsustainable and which irritates many people around the
world, causing other governments, like India and Pakistan, to feel the need to acquire nuclear weapons so that they may not be treated as
pawns on a chessboard? It sounds like an expansion of the military industrial complex and not a contraction. What will that expanded
capacity be used for?

OB AMA'S FOREIG N POLICY ADVISORS - A PROB LEM OF TONE


by ilsea on November 27, 2007
I asked them what Senator Obama intends to do about the worldwide existence of U.S. military bases? I feel that it is not enough to be against the
Iraq war. U.S. military posture abroad has to be curbed. Earlier this year, I asked Senator Obama this question and, frankly, he had no answer at the time.
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I do not hold this against him, but feel that the problem now has to be addressed.

In June 2008 Obama made to compromises for the sake of political expediency and in so doing set aside some of his previously
professed convictions. He went back on a promise to accept public financing for the presidential campaign in favor of accepting internet
donations. He earlier, during the primary season, declined to support a Foreign Intelligence Surveillance Act (FISA) that would give
immunity to telecom companies who operated illegally with the Bush administration and then later agreed to support a new FISA that gives
retroactive immunity to telecom companies that conspired with the Bush administration to spy on United States citizens in violation of the
law. These reversals caused anger and consternation among his supporters but that is not the issue; the issue is that even before winning the
position of president he would seem to be either aligning himself with the mainstream of the power elite or pandering to the conservative
political views. If he is simply saying what he needs to say to win and that presumably he wants to do what his popular base want him to
do, the things he spoke about during the campaign, what does that mean about how he would conduct himself if he were to act otherwise? If
Obama lied to supporters what does that mean about him as a person and as a candidate; would he not be just another politician? If Obama
is lying to the power elite in government and corporate interests so he can get elected, what does that mean about him as a person and as a
candidate; would he not be just another politician? Furthermore, how would the elite and other opposing parties react, would they suddenly
roll over and allow him to do whatever he wants? If these compromises were made because politics is the art of the possible as many
politicians have said, and if Obama is a principled and ethical individual but made these compromises regardless of his principles, what can
we say about a system of government where politicians regularly subvert their principles or ethics? What can we say about a person who
professes certain convictions but yet lives and acts out of a pragmatic center? What does that way of life do to a persons ethics, morality
and thought processes? For the politicians personally, what happens to them internally, their morals and ethical foundations? What can we
say about a person who professes certain convictions but yet lives and acts out of a pragmatic center? Also, from a societal perspective,
where is the line to be drawn then? When do the compromises stop short of violating the principles of its own constitution.

During the George W. Bush administration that line would seem to have been crossed dozens of times by the president, along with
the conspiracy of most of the people in congress and the judicial system. The violations have prompted several books by researchers and
legal professionals, detailing the violations and also one person in congress introduced articles of impeachment; yet the congress as a whole
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has refused to take any action against the president despite what many scholars and a large portion of the population feel are
impeachable offences. What kind of government can operate for long without becoming corrupt and self-destructing, in which its leaders are
not held to account for crimes against the public, humanity or its own constitution?

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Kucinich Vows to Press B ush Impeachment
On Capitol Hill, Democratic Congressmember Dennis Kucinich is vowing to continue his impeachment effort against P resident Bush despite
attempts to bury it in committee. On Wednesday, Congress members voted to send Kucinich s bill to the House Judiciary Committee, where it s
unlikely to be considered before Bush leaves office. Kucinich s thirty-five articles of impeachment against P resident Bush accuse him of war crimes and
deceiving the public in the run-up to the Iraq invasion. Kucinich also lists the imprisonment of foreign nationals and US citizens without charge in the
so-called war on terror; Bush s policies on global warming, voting rights, Medicare; and the response to Hurricane Katrina.

If a system of government is corrupt and inspires corruption in its officials, where can such a system of government end up besides
ultimate ruin? If Obama is a uniter who works by compromise and not standing on principal what will that mean when it comes to the rights
of his supporters; if these two reversals are an indication it would seem to be a typical political move. The typical political moves have led
to the current appalling situation in politics and economics as well as the social-cultural inequities and divides that persist in the society. If
Obama is a typical politician, born in the culture and bred in the politics of it, then what should we think about the ideal of a new kind of
politics that he professes especially in the face of his political operations?

It has been argued by some throughout the 2008 political campaign season for President of the United States that the great support
that M r. Obama has received so far from a large portion of the population of which most are of European decent [white] that if he were to
win, being a black man, the event would bring forth a new day for the culture of the Unites States, that has been ravaged by atrocities
against Native Americans, African Americans, Asian Americans, women, etc. as well as the scourge of slavery, racism, forced unpaid labor,
Jim Crow Laws and voting rights violations and general exploitation of the masses. The idea is that it would supposedly mean that the
domination by white men in control of the most powerful country in the world has shifted dramatically to a new paradigm. Well the
question then needs to be asked if there is a real difference if the black man holds the same policies as the white men? Would it not
simply mean a black face on a white cultural policy of strategic domination of the world economy and the world oil supplies that has
led the culture to its present situation of dire economic condition and tense foreign affairs? For that matter what would be the difference in
having a Latino president or an Asian American president, a woman, etc. What would be the difference if the policies are the same, if the
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same faith in American Empire is upheld? If this is a case of the lesser of two evils, Obama or M cCain, the dire economic conditions
have made the answer irrelevant since as long as there is support for and continuation of the economic system that promotes consumerism
and the downfall of the environment due to the continued economic and political strategies the president of any political party will lead to
the society to the same end.

When the well known conservative and former top GOP [republican] strategist Kevin Phillips, the author of "American Theocracy:
The Peril and Politics of Radical Religion, Oil, and Borrowed Money in the 21st Century was asked if he thought the American empire was
headed for doom he responded:

KEVIN PHILLIPS: It s certainly headed for some degree of dismantling and loss of international power. Now, to say it s headed for doom -- even when
Britain lost its place in the world, it wasn t headed for doom, and it reconstituted itself, and a lot of people are happy and fairly prosperous in the U.K. right
now. But we can't go on in the imperial mode, in which we just demand the world's natural resources and that the dollar be the vehicle for everything and that
we be able to invade wherever we want. I don't think that will last more than another ten years. I think the crisis builds up sufficiently in the 2010s, that the
United States is really going to have to consider what resources it has in terms of energy, what resources it has in terms of the economy, how far it can push
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its military, a whole set of issues.

The United States government system has been from the beginning a political system not for democracy but for an oligarchy
controlled by a social elite. The United States economic system and the military has been a machine for the promotion and enforcement of
free enterprise in the form of subjugation of other countries so that corporations of the United States may use free or near free labor, and the
raw materials of those countries to make substantial profits while the peoples of the other countries are relegated to poverty or near poverty
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conditions.

Obama has not renounced the military industrial complex or stated opposition to the 737 oversees bases that sustain the American
Empire or the system of government lobbyists or the system of corporations controlling industry and international economics or the profit
motive in health care and he could never get elected if he did but what could he be expected to do about those problems if he were to be
elected being that he has done nothing and offered no plan to deal with those issues?

In short, the policies proposed by both candidates will not substantially change the political-economic system which is the real
problem. What politicians do in reference to this issue is no more than bandaging when a tourniquet and radical surgery is needed. People
may find some relief temporarily but the economic situation is so dismal that the social, economic and political ignorance that most people
are fighting over will continue while the social elite continue to rule over the society with impunity as they exploit the masses not only of
the United States of America but of the rest of the world as well.

Perhaps some words by the recently deceased political satirist, critic, author and comedian George Carlin, with their raw and
passionate sensibility, can make plain the stark reality of the situation the country faces and the necessity to look beyond the politicians as
the cause and or solution of the problems the society faces by looking at the complicity of the society. Until these issues of conscience,
ethics and justice are confronted and resolved no politician and no political system will work democratically or free from corruptions or
legalized bribery.
G EORG E CARLIN:
"Now, there's one thing you might have noticed I don't complain about: politicians. Everybody complains about politicians. Everybody says they suck. Well,
where do people think these politicians come from? They don't fall out of the sky. They don't pass through a membrane from another reality. They come from American
parents and American families, American homes, American schools, American churches, American businesses and American universities, and they are elected by
American citizens. This is the best we can do folks. This is what we have to offer. It's what our system produces: Garbage in, garbage out. If you have selfish, ignorant
citizens, you're going to get selfish, ignorant leaders. Term limits ain't going to do any good; you're just going to end up with a brand new bunch of selfish, ignorant
Americans. So, maybe, maybe, maybe, it's not the politicians who suck. Maybe something else sucks around here... like, the public. Yeah, the public sucks. There's a
nice campaign slogan for somebody: 'The P ublic Sucks. F*ck Hope.'"

"I have solved this political dilemma in a very direct way: I don't vote. On Election Day, I stay home. I firmly believe that if you vote, you have no right to complain.
Now, some people like to twist that around. They say, 'If you don't vote, you have no right to complain,' but where's the logic in that? If you vote, and you elect
dishonest, incompetent politicians, and they get into office and screw everything up, you are responsible for what they have done. You voted them in. You caused
the problem. You have no right to complain. I, on the other hand, who did not vote -- who did not even leave the house on Election Day -- am in no way responsible
for that these politicians have done and have every right to complain about the mess that you created"
I d like to talk about some things that bring us together, things that point out our similarities instead of our differences, because that s all you ever hear
about in this country, is our differences. That s all the media and the politicians are ever talking about, the things that separate us, things that make us different from
one another. That s the way the ruling class operates in any society. They try to divide the rest of the people. They keep the lower and the middle classes fighting
with each other, so that they, the rich, can run off with all the [bleep] money. Fairly simple thing, happens to work. You know, anything different, that s what they re
going to talk about. Race, religion, ethnic and national background, jobs, income, education, social status, sexuality. Anything you can do, keep us fighting with
each other, so that they can keep going to the bank.
You know how I describe the economic and social classes in this country? The upper class keeps all of the money, pays none of the taxes. The middle class pays
all of the taxes, does all of the work. The poor are there just to scare the [bleep] out of the middle class. Keep them showing up at those jobs. So [bleep] I like to do
from time to time.
But I also like to know that I can come back to these little things we have in common, little universal moments that we share separately, the things that make us
the same. They re so small we hardly ever talk about them. Do you ever look at your watch, and then you don t know what time it is? Then you have to look again,
and you still don t know the time. So you look a third time, and somebody says, What time is it? You say, I don t know. Do you ever notice how sometimes all
day Wednesday, you keep thinking it s Thursday? And it happens over and over all day long. And then the next day, you re alright again
Bipartisan usually means that a larger-than-usual deception is being carried out.
Epilog: The Value of Ancient Egyptian Monetary Policy
As a scholar of Ancient Egyptian philosophy I have been privileged to receive the wisdom and spiritual insights from the tradition of
Ancient African wisdom. Studying this or any other authentic philosophy of spiritual and social ethical culture allows one to be able to
clearly see the problems of the world and how far the world has deviated from a standard of ethical culture {M aat Philosophy of Ancient
Egypt} that allowed the Ancient Egyptian society to perpetuate itself for thousands and thousands of years. Clearly, after only a little over
200 years, the current path is unsustainable for many reasons. Yet Ancient Egyptian monetary policy and ethical culture shows the way to
economic sustainability and social harmony through the proper usage and distribution of natural resources. The current modern culture may
follow its course at its own peril but if the principles of Ancient Egyptian M onetary Policy were adopted they could turn around the
current situation leading to the collapse of the economy. Yet, failing to do so, the Ancient Egyptian M onetary Policy could be the
foundation for a return to a tried and true economic policy governed by needs instead of greed and wants. Ancient Egyptian M onetary
Policy includes the following principles:

v Society & Justice system founded upon solid ethical conscience and not partisan, oligarchic or plutocratic imperial government
structures
v Society governed by trained managers schooled in their areas of expertise and in ethical culture instead of a system of
cronyism and legalized bribery
v Sustainable use of resources
v Protecting the environment
v Providing food for all
v Providing shelter for all
v Providing opportunity for all to improve themselves and lead a meaningful life beyond consumerism and pleasure seeking, which
has become a perversion of the ideal of the pursuit of happiness (United States Declaration of Independence: Life, Liberty and the
pursuit of happiness)

The ideals set forth above were implemented in Ancient Egyptian government. They stand in stark contrast to what the United States of
America has become over the last 200 years but particularly what has occurred in the last 8 years under the administration of president
George W. Bush, which has proven the outcome predicted by the first president, George Washington, as he left office. In his farewell
address he stated the following about political parties:
20 I have already intimated to you the danger of parties in the state, with particular reference to the founding of them on geographical
discriminations. Let me now take a more comprehensive view, and warn you in the most solemn manner against the baneful effects of the spirit of party,
generally.
21 This spirit, unfortunately, is inseparable from our nature, having its root in the strongest passions of the human mind. It exists under different
shapes in all governments, more or less stifled, controlled, or repressed; but, in those of the popular form, it is seen in its greatest rankness, and is truly
their worst enemy.
22 The alternate domination of one faction over another, sharpened by the spirit of revenge, natural to party dissension, which in different ages and
countries has perpetrated the most horrid enormities, is itself a frightful despotism. But this leads at length to a more formal and permanent despotism.
The disorders and miseries, which result, gradually incline the minds of men to seek security and repose in the absolute power of an individual; and
sooner or later the chief of some prevailing faction, more able or more fortunate than his competitors, turns this disposition to the purposes of his own
elevation, on the ruins of P ublic Liberty.
23 Without looking forward to an extremity of this kind, (which nevertheless ought not to be entirely out of sight,) the common and continual
mischiefs of the spirit of party are sufficient to make it the interest and duty of a wise people to discourage and restrain it.
24 It serves always to distract the P ublic Councils, and enfeeble the P ublic Administration. It agitates the Community with ill-founded jealousies
and false alarms; kindles the animosity of one part against another, foments occasionally riot and insurrection. It opens the door to foreign influence and
corruption, which find a facilitated access to the government itself through the channels of party passions. Thus the policy and the will of one country
are subjected to the policy and will of another.
25 There is an opinion, that parties in free countries are useful checks upon the administration of the Government, and serve to keep alive the spirit
of Liberty. This within certain limits is probably true; and in Governments of a Monarchical cast, P atriotism may look with indulgence, if not with
favor, upon the spirit of party. But in those of the popular character, in Governments purely elective, it is a spirit not to be encouraged. From their
natural tendency, it is certain there will always be enough of that spirit for every salutary purpose. And, there being constant danger of excess, the effort
ought to be, by force of public opinion, to mitigate and assuage it. A fire not to be quenched, it demands a uniform vigilance to prevent its bursting into
a flame, lest, instead of warming, it should consume.

We may keep in mind that George Washington presided over the creation of a republic supposedly for the people but which was in
reality a government that excluded women and was created to serve the white male aristocracy of the time and that it based its economy
on chattel slavery and the usurpation and wholesale massacring of Native Americans to steal their lands. Aside from that, any altruistic
motivations, that might have been intended for the government that was set up, would eventually be corrupted by partisan politics, which in
the time since the Reagan administration has become intensely partisan, ideological, reactionary, regressive, exploitative and arrogant both
nationally and internationally. Now that the partisanship has been used by ruling interests to shape the conscience of the populace and
frame arguments in terms of polarized concepts for the benefit of the ruling elite what chance can the system have to change? This question
is the topic we have been exploring and the definitive answers will be revealed in the near future.

Nevertheless, the pyramid and eye on the reverse side of the U.S. Dollar remains a farce until the true values and principles of
Ancient Egyptian M onetary Policy are fully adopted by the U.S.A. culture, economic institutions and its government. When that happens
there will be a real chance for the U.S.A. to become a real beacon of liberty, peace and a positive force in the world.

Ancient Egyptian M onetary Policy is based on human needs as opposed to artificial monetary theory based on currency and consumer
desires. In other words, neither supply side nor demand side economics could work because these are predicated upon an illusory ideal that
is disconnected from real human issues. Fulfilling someones desires is not the same as fulfilling their needs. Running after desires will
ultimately fail because there can never be true satisfaction of a desire; for example if people desire meat from cattle that is unsustainable
because it uses more resources and causes cancer. Filling peoples need for food through vegetable farming is possible. This is only one
example but the same idea applies generally. Economy cannot be based on money but rather on people.

In order to truly resolve the problems of humanity, humanity itself must turn towards ethical conscience in economics and government.
Consumerism may be a philosophy promoted by businesses that profit upon the consumption but consumers do not have to overindulge or
consume in a way that is injurious to the society and the environment. In other words, those who overconsume or consume in an
unsustainable way are colluding with the promoters of consumerism. Likewise, capitalism and the profit motive have permeated almost
every area of society in a negative fashion by promoting profits above service and safety of products. This corrosive corruptive influence
leads to economic pursuits, not just by company owners and managers but also workers and government administrators, for profit instead
of altruism and the discovery and offering of products and services that are truly needed and beneficial for society. Therefore, an ethical
culture, based on sustainable economics, such as that which was practiced in Ancient Egypt must be adopted by modern culture so as to
avoid an even worse disaster than what is already on the way for society.

The increased demand for products in China and India has raised prices for food but the other reason for the sharp rise in food prices and
other commodities is not just because of higher demand and the raising of the price of crude oil due to the increased demand worldwide. The
other reason is the weakening US Dollar. So the cause of high food and commodity prices around the world is because of a situation that
human beings have created and it is not a real food shortage. This situation would not have occurred in Ancient Egypt because they did not
raise corporate values and capitalist ideologies above human values, social justice and caring for humanity. Thus, this new ideology of
capitalist greed is antithetical and we may also say anathema, to the previous history of humanity and thus it will lead to its downfall. So it
is not necessary to give more power to companies that genetically modify foods or to companies that can drill for more oil; the answer is not
to empower more companies but to empower human values and social organizations so that they can take care of people. In other words,
the values, priorities and humanity of people needs to change from greed and profit to human caring and social welfare.
How to Survive the Economic Collapse of the US Dollar Update #1
February 2008
Greetings,

This is a brief message in reply to a question about preparedness for the future based on themes that were presented in the book Death f
American Empire 2006.

As you know, in the book Death of American Empire (pub. Summer 2006) 4 crises facing humanity and particularly the United States of
America, were discussed, economic/social/political, environment/ecology, religious and health.

Out of all of these the economic crisis poses the most immediate and dire threat to human welfare. M any of the predictions contained in
the original book have come to pass such as the fall of the dollar, collapse of the real estate market, rise of gold, etc. the fall of the dollar,
increase in oil and other factors are causing rising inflation and may cause collapse in imports, ability to pay for food, housing, etc. If such
conditions occur there will be many panicking, and more crime and more stress in the future. Rely on the teaching for safe harbor, health
disciplines, mental peace and spiritual enlightenment. Rely on its wisdom to inform you about prudent actions to protect yourself and
family for the possible rough times ahead.

The following recommendations are enjoined for all who can take measures to whatever degree to safeguard their assets and promote
security for their wealth for the near and long-term future in order to survive and do well during the coming hard times that are projected to
last from 1-2 decades. M uch of the advice was contained in the book and below is a summary. The following is guidance based on researches
but should not be taken as legal or financial advice. Seek that council elsewhere if necessary. Note that there is no reason for apprehension as
the teaching offers peace and wisdom to take the proper actions in time to meet the challenges ahead.

HTP

Additionally

What does it mean and what could happen if things go into a severe economic downturn or worse? Two possibilities: 1-It is certain
that the USA economy is ALREADY in recession and will fall further and life will be more difficult, with prices going up (especially for
middle class and lower classes.) That will be a permanent condition for 1-2 decades. 2-What may also happen is full economic collapse
which will also affect the world, especially those countries that are traders with or dependent upon the USA, but others less severely since
the world is generally no longer so dependent on the USA economy. In which case the situation will be more dire than any previous
recession or the Great Depression of the 1930s. Keep in mind that due to economic malfeasance and imperious acts around the world the
USA economy will experience a reversal and will go down to its true position as other countries such as China, Japan, and the Europeans
and a few others, rise above it in standard of living and economic strength. Those who have noted the signs have been investing in foreign
stocks and other foreign equities, in effect bailing out of the USA dollar and essentially keeping their assets abroad, in effect transferring
their wealth abroad. The USA will no longer be the economic superpower just as the United Kingdom British Empire fell in the late 19th
century and you can see how long that took to fully resolve (75 years). So the cycle of malfeasance that began with the creation of the
federal reserve manipulation of currencies is coming to an end and that will reshape the economy being that many people will not be able to
buy at walmart since things will be more expensive than the dollar and they will be concerned with food first. IF the dire scenario occurs the
transition period will be traumatic and will likely take 1-2 decades to resettle, to find its equilibrium. Those who are not able to protect their
assets could be reduced to lower than paupers with assets that are worth a fraction of what they were before. Then those with money can
come in and buy at that fraction and own more in a new economy and of course the poor will be happy to be saved by the wealthy who
they will beg or do anything for, to have coming in to invest in their poor neighborhoods, not realizing they will lose the last of whatever
they might have had, just to survive. So the wealthy will remain wealthy, in power and control of the economy, military and police forces
and able to command from their gated communities as others scramble and fight over the crumbs left over by them. So precautions should be
taken to weather the storm. For details on the history and reasons for the economic collapse read the book Death of American Empire.
For the next 3 years until the near term reveals itself and until you have assessed, rearranged and protected your finances, Stop
all discretionary spending no more plasma TVs, postpone childbearing, no more big houses with big mortgages, and car payments. If
possible pay off the house and car. As the Ancient Egyptian Proverb goes, Live by Love and Necessity.
Consolidate debts and payoff burdening loans
Open non-dollar denominated checking and savings accounts in Canadian, Euro or Yen currency
If possible look into safe foreign equity, stocks and bond investments for asset protection to protect assets against the fall of
the dollar. While it is true that economic down turns and prosperity periods can occur cyclically it is prudent to diversify assets
especially when living in a country that is founded upon unsound economic principles and corruption, by spreading it in different
countries. The easiest way to do that is with funds that invest in actual stocks and equities abroad in other countries and in the
currencies of those countries.
Deposit at least 10% of income into that account
If you have a lot of equity in real estate sell it and cash out the real estate and rent or purchase a house using minimal affordable
down payment in order to miss the devaluation of real estate. Place the money in safe investments.
If possible make arrangements to live outside the country or purchase real estate outside the country to avoid equity loss and
in the event it is necessary to leave temporarily in the event of a full economic crisis and breakdown of the social order.
If possible purchase gold for long-term investment- keep at least 25% of your assets in gold
Practice Kemetic Diet to avoid health issues that would cripple one financially.
In relation to food issues there are three main concerns: Availability of solid food to eat (if economy crashes or hyperinflation
hits and food prices skyrocket) 2-clean drinking water, 3-vitamins and nutritional supplements-for nutrition. Solutions: Food storage,
wells and inexpensive recyclable filtration systems, natural food supplements. Start a garden for personal use and keep food in your
home sufficient to survive for up to a month if necessary -but up to a year if preferably. Look into food storage to cope with possible
shortages in food supply.
Keep survival kits: Food, water, medical kit. The world is not going to end but life as we know it will change and the transition
period may come with acute crisis times. As the situation in the USA is similar to that of Argentina, which experienced an economic
collapse in 2001: (http://www.thirdworldtraveler.com/South_America/EconDebacle_Argentina.html) it would be good to review the
account of a person who lived through that crisis (www.peakoil.com/fortopic14183.html). Keep in mind that you will still be living and
need to work if possible, pay bills if possible, etc.
M ake alliances with those of like mind to band together for common survival. Live close to a group or neighbors you know and
outside of large cities if possible but not in isolated areas.
Shift from jobs and industries that are dependent upon discretionary spending to industries that are essential for survival: food,
security, alternative energy (for more see trends report). If you are transitioning from one job to another seek stability for the next 1-2
years and live frugally so you can save a portion of income as described above. If starting a business make sure it will be within the
categories described and that you are well capitalized to get through the start up period counting on extra difficult conditions.
The following are Important forecasts from the original book (Death of American empire), given by high government officials:

v Experts of Standard & Poor's forecast a global economic collapse.


The collapse will be caused with the demise of the US dollar rate against the European currency by more than 30 percent. The dollar,
specialists say, may lose almost 45 percent of its current value against the euro. The European Central Bank has expressed its concerns with
the forecast from Standard & Poor's. The European financial specialists say that the demise of American currency will endanger the global
economy on the whole.
Pravda Online, Wednesday, February 01, 2006.

http://english.pravda.ru/world/americas/31-01-2006/75027-dollar-0

v Greenspan S ounds Alert On S ocial S ecurity As He Exits[1]


The benefits currently promised cannot be financed by our government and Americans born in the 20 years after World War II [2]
needed to be put on notice to start putting away extra retirement savings during their working years. Even under the most optimistic
economic assumptions of growth and productivity, government resources will be inadequate to provide the baby boom generation with the
level of benefits their parents got. [3]
[1] GOLD-INVESTM ENT.INFO, http://www.gold-investment.info/why_invest_in_gold_1.htm
[2]Baby Boomer generation
[3]government estimates put the shortfalls at 11 trillion however, private studies have put the M edicare and Social Security deficit at
over 45 trillion
----------------------------

v Rodrigo de Rato, the head of the I.M .F., felt the need to say that the U.S.A. rate of savings and deficit spending will be
unsustainable within the next 10 years, but he added that a decade can come faster than one expects.[1]

[1] February 3, 2006, Shared Responsibilities: Solving the Problem of Global Imbalances University of California, Berkley

New items for appendix for the book Death of American Empire

Cheneys betting on bad news?


A look at the president and vice president's financial disclosure forms.

By Kiplinger's Personal Finance Magazine


Vice President Dick Cheney's financial advisers are apparently betting on a rise in inflation and interest rates and on a decline in the value
of the dollar against foreign currencies. That's the conclusion we draw after scouring the financial disclosure form released by Cheney
recently.
http://articles.moneycentral.msn.com/Investing/Extra/CheneysBettingonBadNews.aspx
6/2/2006 12:00 PM ET

Robert E. Lee on American empire:

The consolidation of the States into one vast empire, sure to be aggressive abroad and despotic at home, will be the certain precursor of
ruin which has overwhelmed all that preceded it. --General Robert E Lee
Article XVII. Here are some web sites where you can begin researches.
http://www.freedomtofascism.com/
http://www.europac.net
http://www.idpconsultinggroup.com/precious_metals.html?Itemid=32
http://www.efoodsdirect.com
http://www.squarefootgardening.com/
http://www.seedsofchange.com/
http://www.parkseed.com/
https://www.everbank.com
http://www.compactappliance.com
http://www.solarcookers.org/basics/how.html
http://www.sunoven.com/usa.asp
http://www.sunoven.com/saving%20lives.asp
How to Survive the Economic Collapse of the US Dollar Update #2

March 2008
Udja,
While there are no certainties in life and every human being and society is the architect of their own destiny there are certain
personalities and countries as well that seem not able to turn away from disaster, mayhem and other misfortune of their own Creation; we
may be witnessing such events in a grand scale not seen in the history of the world.
There is no need for an update since the same general economic forecast holds true, except possibly to say that the situation has been
made worse and possibly accelerated. In fact what the government officials have done through the so called stimulus and the lowering of
interest rates will have only a passing temporary and negligible effect because the problem with the economy is fundamental. This means
that actually what they have done now will make things worse later. It is a continuation of malfeasance since what is needed is reduced
spending and savings, paying off the budget deficit and the national debt but also what is needed is a reversal of the policy of inflationary
economics which is devaluing the dollar, which has not stopped as a larger trend that will end in the collapse of the dollar. With that collapse
the rest of the economy collapses. The Subprime problem is due to greed of the banking industry and collusion by the government regulators
or conspiracy to bilk not only USA homeowners but people around the world who financed the bad mortgages, which were known by the
mortgage companies that made them, to be bad, yet they made them and sold them to investors and companies around the world. This is the
reason why the world economy is suffering, not because it is tied to the USA economy itself like when they used to say if the USA
sneezes the rest of the world gets a cold. That is no longer true as the world and primarily China and other countries in Asia and the
Eurozone, have largely decoupled from the USA dependence. Another factor is the use of the dollar as the world reserve currency which is
changing as some countries are changing to Euro, gold or other currencies. Those peging their currency to the dollar will suffer until they
stop that practice which they will when the dollar goes low enough. Though the loss of reserve currency status will hit the U.S.A. economy
hard, many people around the world who decry the unethical imperialism of the United States of America hope that the when the dollar is
no longer the world reserve currency, that foreigners will stop financing the US budget and trade deficits, and that then the American
Empire along with the wars that it produces and hegemonic policies will disappear overnight. The wars, the subprime and deficit spending,
inflationary economics, promotion of a consumer economy [consumerism] instead of a saving and manufacturing economy, promotion of
unsustainable industries - oil based economy, shipping jobs abroad to satisfy the greed of industries looking for cheap labor, etc. in short,
UNRIGHTEOUSNESS, is the cause of the general collapse of the dollar and the USA economy and this was predicted. Perhaps some good
may come of it as explained in the book since the American Empire will be humbled and never be the same but there will be hard times the
likes not seen since the Great Depression and possibly worse.
Consider that no country in human history has had their economy survive when their currency has been devalued. Lowering interest
rates, printing money out of thin air without anything (like gold) to back it up, importing more than what is exported are all individually
ways of devaluating the currency and the USA has and continues to do this. The subprime crisis is a separate issue. The devaluation is the
real fundamental underlying problem. M alfeasance, budget deficits and national debt are the effects of overspending which is a practice of
taking national money and giving to the rich. Devaluation of the currency leads to inflation. So what the Federal Reserve has done is promote
devaluation and inflation. For political reasons they are frantically bailing out banks and investment firms [but notice the CEOs and other
actors like government officials who colluded in the creation of the subprime debacle are not prosecuted or sued to get the money back]
trying to prop up the economy but shortly after elections they will be FORCED to raise interest rates and that will be a different
devastation on the economy and on consumers which already cannot afford the basics. The short term effects of lowering rates is illusory
and not a trend; the trend is downward until the true value of the dollar is reached because the USA is bankrupt so the true value is not
much and is being propped up by the effect of the USA dollar being used as the world reserve currency . That will end and is ending as more
counties and businesses refuse to accept dollars since the value is going down so fast. Look at what happened to the currencies of Argentina,
Look at Zimbabwe, look at M exico... inflation is the true cause of the rise in oil, food and everything else and devaluation is the cause of
inflation. Inflation saps the value of fiat currency (money backed up by more and more dollar bills than valuable assets).
The subprime is an effect of selling bad mortgages and wrapping them up as good loans and selling that garbage to people around the
world and that is hurting the world economies that are invested in that junk. When that is finally resolved the world economies will be
reduced but less affected by the USA economy. For example, China already has plans to sell its own goods to its own middle class which is
larger than the entire population of the USA. So after a period of turmoil the foreign economies will reorganize and will not fall with the
USA economy. When the full collapse of the USA economy occurs which may occur over months and not necessarily in a single day-there
will be much social unrest and escalation of crime and the increase of the police state. Some may believe that a good or righteous leader may
be able to lead the society towards what is good and that will be a daunting task no matter the person, for the society is corrupt in gross as
well as subtle ways that may render it incapable of following such a righteous course. Look at what happened to president Carter who
found himself in the same position; he was handed a messed up economy and he only lasted 1 term in office. What of this situation which is
more like a monumental disaster? might this be a greater subplot here? ...
[119]
This is how ari works, for those who do not listen they must feel the pain and if they do not learn even then they must feel the
pain again and again and no one can save them until they are ready to listen, reflect and understand.
The world will go on but economically not as we know it. This will lead to certain social changes and maybe some opportunities to make
positive changes - but that remains to be seen... In the mean time, those who are wise have the courage, to look ahead and understand what is
coming and the will and fortitude to do what is necessary to meet the challenges ahead.
See the links given in the last update for the details on why this is happening and what can be done to avoid or alleviate ones suffering
in this period.
A development that was expected in the economic collapse is more foreclosures but now also there is an increasing number of people
who are walking away from their homes because either they cannot afford the higher mortgage payment since they have adjustable
mortgages that have adjusted the monthly payment higher; or they simply do not see the point in paying lots of money for a property in
which the mortgage is now larger than the value of the property due to the deflation of the housing bubble. Those who walk away from their
properties have the right to do so as they are simply giving back the property; though they would have to cope with a mark on their credit
history for 7 years since the house will be taken in as a foreclosure. They see that as a better financial outcome where they can pay minimal
rent instead of paying for a high mortgage on a house where that money will never be recaptured since the house will not sell for the inflated
price any more.
How to Survive the Economic Collapse of the US Dollar Update #3

April 2008
Have a plan in case of a national financial emergency:

v Have a plan so that you and your family will know exactly what you will do in the event of an emergency.
o What will you do if the dollar fully collapses and prices for food and fuel go up 100-300$?
o How will you provide for yourself and your family?
o I you have decided to leave the country:
What needs to be done in order for you and your family to be able to leave?
How will you provide for your you and family in your new home?
v Have cash on hand in case banks close.
v Have enough food to last 1-3 months for short term emergencies if you have a vegetable garden
v Have enough food to last 1-2 years for short term emergencies if you do not have a vegetable garden

Do not be dependent on the government, if possible, for your needs and well-being. Be as independent as possible within your financial
means. So you also need to take control of your own finances. Research financial literature and watch the news closely. Work out the details
now while there is time to think and plan and explore possibilities so that you will not get caught up in a mad rush if an emergency occurs.
There is no down side in this kind of planning; even if an emergency did not occur there is peace of mind and additional well being by
securing the family finances.

What happens if there's no water? No heat? No electricity? Do you have Oil lamps and candles?

If the situation gets really bad, the electricity might be rationed, and food may also be rationed. That means brown outs and or failure of
public utilities. How will you cope without water? If you cannot pay the utilities will be cut off. The internet will continue but unless you
have a solar panel to make your laptop work and get access to WIFI, you will not have access. Look into solar power and batteries that can
[120]
be charged with solar power. This is a good reason to start a garden to sustain or at least supplement your food needs in the event of
an emergency. A generator may not be useful for long because it will need fuel which will be expensive and also it will call attention from
[121]
undesirable people who have not prepared for the emergency. Look for portable and low wattage appliances.

Carpool or use public transportation whenever possible or. If possible get a job closer to home to avoid too much travel costs. Even
public transportation costs are going up.

If you cannot leave the country it would be best to stay in a community outside big city and not in the city. Cities may be difficult
places to be in the event of an emergency because there will be challenges of staying safe and finding food. If you stay in the city try to form
a cooperative with others of like mind, perhaps join with others in your building and make a rooftop garden and contribute with individual
indoor gardens and work out a plan to meet each others needs. Farms may be vulnerable but the suburbs can be a good place because most
people have some land to grow a garden for food but even here there should be a close community of neighbors looking out for each other for
cooperation and for safety issues. What will you all do about social justice issues? What rules will you have for behavior if there is no police
available? Form a social justice committee to ensure that everyone is treated fairly and there is equitable distribution of resources. How will
you handle people in your group who are suddenly unemployed and in shock?

In the event of a crisis small nuclear families will not be as flexible as a community because a diversity of skills and division of labor are
needed for the most efficient maintenance of all. Some duties like carpentry, cooking, gardening, and nursing need to be taken care of. In such
a crisis it is possible that many people will work in subsistence level jobs and many will be unemployed and foraging for water and food.
Some members of the community may need to protect the community from thieves. Families with elderly and children will need to assign
family members to take care of them while others take care of food issues. This is a crisis so old family squabbles need to be forgiven. Those
who got caught up in the subprime debacle or who made bad investments do not need you to tell them I told you so; you all need to agree on
how you will act going forward, so decide what behavior will be expected from all family members now and what will be done if a family
member violates that agreement. Will smoking, drinking, or illicit relationships be allowed? How will visitors be handled, will they be
allowed to become permanent residents? What happens if someone becomes mentally ill? What happens if someone becomes pregnant?
Who will keep up the duties? Be very clear and specific about obligations and expectations before you finalize the arrangement and put it in
writing if possible.

A provision should be made for creating a spiritual space for studies and worship in order to maintain the spiritual health of the
community. Shelter is of paramount importance so try to pay your rent or mortgage before paying any other bills and that means even
before buying food.
More References
U.S. NATIONAL DEBT CLOCK
The Outstanding Public Debt as of 30 M ar 2008 at 03:30:12 PM GM T is:

The estimated population of the United States is 303,717,338 so each citizen's share of this debt is $31,005.46.
The National Debt has continued to increase an average of
$1.66 billion per day since September 29, 2006!

informative videos
1. Corrupt Banking System - Cartels Robbing the Public:
http://www.youtube.com/watch?v=cy-fD78zyvI

2. Corrupt Banking System - How M oney is Created (2/5):


http://www.youtube.com/watch?v=hfXavRTM 4Fg

3. Corrupt Banking System - M oney is Debt (3/5):


http://www.youtube.com/watch?v=_yvRZoM -2r8

4. Corrupt Banking System - M onetary Reform (4/5):


http://www.youtube.com/watch?v=f0p8LepIuVM

5. Corrupt Banking System - Warning About the NWO (5/5):


http://www.youtube.com/watch?v=PzXZ_Hs1g6U
Late news reports:
[122]
THE IRANIAN OIL B OURSE
The Iranian Oil B ourse, (P ersian: ) International Oil B ourse, Iran Petroleum Exchange or Oil B ourse in Kish (IOB; the official English language
name is unclear) is a commodity exchange which opened on February 17, 2008.
-----------------------
[123]
US Middle East Commander Resigns Over Iran S tance
The top US commander in the Middle East has stepped down in what appears to be a direct result of his differences with the Bush administration on Iran. Admiral William
Fallon s resignation comes months after his well-publicized comments that the constant drumbeat of conflict from Washington towards Iran is not helpful and not useful.
The comment was recently reprinted in an Esquire magazine profile that called Fallon the only person who could stop a US attack on Iran. In a statement read by his superior,
Defense Secretary Robert Gates, Fallon denied stepping down over policy differences but said reports of them had become a distraction.
Def ense Sec. Robert G ates: Admiral Fallon advised me of his decision early this morning. He told me that, quote, a current embarrassing situation, public perception of
differences between my views and administration policy, and the distraction this causes from the mission make this the right thing to do, unquote. I have approved Admiral
Fallon s request to retire with reluctance and regret.
Fallon s departure is seen by some as a sign of an increased US threat towards Iran. Fallon is also known to have clashed with General David P etraeus on US troop levels in
Iraq.
-----------------------
Note: Ad. Fallon had previously stated that there would be no war with Iran on his watch
-----------------------
[124]
Is Israel Preparing to Bomb Iran?
The New York Times reported Friday that Israel recently carried out a major military exercise that P entagon officials say appeared to be a rehearsal for a potential
bombing attack on Iran s nuclear facilities. More than 100 Israeli F-16 and F-15 fighter planes took part in the maneuvers over the eastern Mediterranean and Greece.
-----------------------
[125]
RBS issues global stock and credit crash alert
By Ambrose Evans-P ritchard, International Business Editor
Last Updated: 12:19am BST 19/06/2008
The Royal Bank of Scotland has advised clients to brace for a full-fledged crash in global stock and credit markets over the next three months as inflation paralyses the
major central banks.

"A very nasty period is soon to be upon us - be prepared," said Bob Janjuah, the bank's credit strategist.
-----------------------
Wall S treet fears for next Great Depression
By Margareta P agano, Business Editor
Sunday, 16 March 2008
Wall Street is bracing itself for another week of roller-coaster trading after more than $300bn (150bn) was wiped off the US equity markets on Friday following the
emergency funding package put together by the Federal Reserve and JP Morgan Chase to rescue Bear Stearns.
One UK economist warned that the world is now close to a 1930s-like Great Depression, while New York traders said they had never experienced such fear. The Fed's
emergency funding procedure was first used in the Depression and has rarely been used since.
A Goldman Sachs trader in New York said: "Everyone is in a total state of shock, aghast at what is happening. No one wants to talk, let alone deal; we're just
standing by waiting. Everyone is nervous about what is going to emerge when trading starts tomorrow."
-----------------------
[126]
Hersh: Congress Agreed to Bush Request to Fund Major Escalation in S ecret Operations Against Iran
Congressional leaders agreed to a request from P resident Bush last year to fund a major escalation of covert operations against Iran aimed at destabilizing Iran s
leadership, according to a new article by veteran investigative journalist Seymour Hersh in the New Yorker magazine. The operations were set out in a highly classified
P residential Finding signed by Bush which, by law, must be made known to Democratic and Republican leaders. The plan allowed up to $400 million in covert spending
for activities ranging from supporting dissident groups to spying on Iran s nuclear program.
-----------------------
[127]
Democrats Agree to Fund Major Escalation Of Covert Operations Against Iran
Investigative reporter Seymour Hersh of the New Yorker magazine has revealed the Democratic-led Congress agreed to a request last year from P resident Bush to fund
a major escalation of covert operations against Iran. Congress approved $400 million in spending for covert activities ranging from spying on Iran s nuclear program to
supporting rebel groups in a bid to overthrow the Iranian government.
-----------------------
[128]
Housing Market in Deepest Downswing S ince Depression
In economic news, the chief economist for the National Association of Home Builders says the housing market is in the deepest,
most rapid downswing since the Great Depression. The group is projecting that new home sales will drop 22 percent this year. There
are now two million vacant homes for sale across the country.
-----------------------
[129]
Jobless Claims S ee Biggest Rise in Two Decades
The vote came as Labor Department figures showed the number of Americans filing new unemployment claims increased by 25,000
last week. The unemployment rate rose half a percentage point last month to 5.5 percent, the biggest gain in more than two decades.
-----------------------
[130]
As Oil Hits Another Record High, A Look at the New Geopolitics of Energy
Oil prices have jumped to yet another record high, nearing $142 a barrel in Asian trading today. The latest price surge comes a day
after OPECs president said crude prices could reach $170 this summer.
-----------------------
S tocks: Mixed day, brutal June
[131]
Dow and S &P 500 see the biggest losses for the month since the Great Depression despite edging higher Monday.
NEW YORK (CNNM oney.com) -- Stocks struggled M onday at the end of the worst June for the S&P 500 and the Dow
industrials since the Great Depression, amid rocketing oil prices and ongoing financial market woes.
[132]
Rate of home foreclosures expected to get worse
4/15/2008
By Stephanie Armour, USA TODAY
The nation's already alarming pace of home foreclosures is poised to accelerate through the rest of the year, according to RealtyTrac, which reported Tuesday that
foreclosure filings jumped 57% in March from March 2007.
Appendix A
Update: 10/4/08

Dear Sebai M aa, I am curious about the economic conditions of the USA. Could you tell us what is going on? Its so complicated and it
seems like the rich are getting a bail out but does that help the little people? I know you wrote the book and I am reading.

Udja,

In the books Death of American Empire and Dollar Crisis I explored the problem of American Empire and the US economy. As for
how the economic system was developed and how the US economy became an illusory, false economy and how a system of inflationary
economics was devised to steal wealth out of the dollar, through modern banking and the Federal Reserve, making the masses of the world
poor and giving the value of the dollar and other currencies to banks and the rich and how we got to this point of American Empire through a
military industrial complex supported by deficit spending and the dollar as the world reserve currency managed by business and banking
interests and elected officials {fascism} creating essentially an imperial nation {American Empire}, look at the books for those details. Right
now there are two major problems with the economy, which were predictable and were predicted and in fact were foreseen and purposely
allowed to occur; the second one compounds, worsens and accelerates the first.

"When opulence and extravagance are a necessity instead of righteousness and truth, society will be governed by greed and injustice."
-Ancient Egyptian P roverb

Firstly, the countrys economic system is based on credit and expansion of the money supply through fractional banking {creating
money out of thin air} instead of a gold standard and sustainable economics [supply = demand {instead of producing massive quantities of
stuff and then enticing people to buy things they do not need}] and renewable industry. The de-pegging of the value of the dollars to an
ounce of gold allowed the capacity to run wild and excessive deficit spending where people, businesses and government were able to
consume more on credit than the value of the dollar relative to the gold would have allowed. In 1971 you could purchase an ounce of gold for
$35 but today you need $850. If the peg [keeping dollar assigned to the value of gold and not creating more currency than there is gold to
back it up] had been maintained the $35 would roughly still purchase 1 ounce of gold today or the purchasing power [value of the dollar]
would have stayed relatively the same-relative to gold. The expansionary system in which the money supply grows through credit and not
because anything of value has been created [if there is value in the currency if you have $1000 cash because there is $1000 worth of gold in
the vault] causes there to be more money in the world than there are things that represent its value. So in this system money was created out
of thin air but the further excess in inflation, caused by creating more money, causes the value of the units of money [dollars] to lose value
[if you have $1000 in 1000 units of currency {dollars} that purchases $1000 worth of goods that is a one to one relationship between the
dollars and the value in terms of the amount of goods it can buy. But if there are $10000 units of currency held by more people then each
unit of currency purchases less of the goods because the value of the currency has not increased but has been divided amongst more people.
{$1000 dollars/$10000 dollars = 10%}. So the original value of $1000 has been decreased to $100 in this example if the money supply has
been increased 10 fold. Since the early 1900s the original value of the US dollar has been decreased 98% so the current dollar is now worth 2
cents but that is merely a theoretical value If we consider that the US government is in debt by 11 trillion dollars and does not have 11
trillion in savings to pay for it then it means that the country is bankrupt but is being sustained by peoples idea that it is solvent. If you
have $1000 in the bank savings account but your debts are 11 million dollars are you solvent? What is the value of your money to take care
of your debts? So as inflation operates the money purchases less and less [things {goods} cost more and more] this is called inflation.
Every year the government spends more than it takes in [budget deficit]. Since 1980 with the Reagan administration, the total accumulated
debt [national debt] is now over 11 trillion and when baby boomers retire the obligations to take care of them with social security and
M edicare will be unsustainable due to all the years of overspending and the fact that the money paid into the SSI fund was used to retire
some of the debts. This alone [inflation, credit, debt and the need to take care of elderly] would be enough to cause the economy as a
currency to collapse.

"Complexity is the decadence of society; simplicity is the path of reality and salvation."
-Ancient Egyptian P roverb

Now to the second problem; in recent years, deregulation by the congress in collusion with big business, the Federal Reserve and the
Treasury has allowed excessive economic corruption where ordinary people were given moneys [credit moneys-created out of thin air] to
invest in the stock market, then the Dot.Com boom, and finally the real estate boom. All of these bubbles cause many to lose money but
apparently the bigger one, the real estate bubble, now bursting has caused a loss of confidence in the financial system. Ordinary people were
given corrupt mortgages so that those who knowingly sold them could make big commissions. In collusion with rating agencies those loans
were classified as AAA or top rated so people around the world would feel secure in investing in them thereby financing the corrupt
[subprime] mortgages of the USA and leaving them holding the bag that the sellers knew would go bust eventually. That is why it affects
worldwide finances. Since as predicted those people could not pay the mortgages [after the interest rates changed from the lower teaser
rates] the value of that real estate-which was artificially inflated, is deflating and those who owned those mortgages or investments derived
from those mortgages [derivatives purposely complex financial instruments]- must realize they do not have the value they thought they
had in their portfolios. So now the big financial institutions that engaged in these exotic financial instruments must reduce the value of their
assets and since many now have more liabilities than assets of value they are actually insolvent and cannot operate. So now those companies
that are still able to lend are afraid to lend to others since they might get more corrupt loans. Those who sold the corrupt mortgages have
already absconded with that money leaving others to hold the bag. It is interesting to note that the derivatives market is said to be
composed of 1000 trillion dollars in financial instruments. Keeping in mind that the world economies produce only 60 trillion worth of
value, it is clear that the derivatives are based on complex but illusory worthless financial instruments pushed by hedge funds and
unrighteous brokers and TV talking pundits. It is also clear that despite or perhaps because of the complexity of these investments they are
no different than "ponsie schemes" or "pyramid schemes". Nevertheless we should not forget that the general population, the masses of the
United States of America, have supported the greed in the hopes of somehow someday becoming one of those who have acquired the wealth
so the poor masses, to the extend that they agree with and support the system are complicit in the excesses of the society even if they do
not partake in its benefits and even if they find themselves on the losing end of the economic strata.

"If you want to have perf ect conduct, to be f ree f rom evil, then above all guard against the vice of greed. G reed is a grievous sickness that has
no cure. There is no treatment f or it. It embroils f athers, mothers and the brothers of the mother. It parts the wif e f rom the husband. G reed is a
compound of all the evils; a bundle of all hatef ul things. That person endures whose rule is rightness, who walks a straight line, f or that person
will leave a legacy by such behavior. On the other hand, the greedy has no tomb."
-Ancient Egyptian P roverb

Worldwide economies are affected by the toxic mortgages of the USA to the extent they bought the corrupt mortgage derivatives. The
finances of the world countries are not ideal but are not as corrupt {living on credit and massive deficits} as that of the USA and so were not
caught in extreme debt as the USA is now. Because of their participation in the schemes and in the faux Fiat currency format of economics,
those economies around the world will also lose some value but not to the extent of what will happen to the USA. If the USA had balanced
budgets it could handle the situation better but it is severely in debt and its citizens are mostly in debt and the value of their assets is
decreasing. So the only apparent solution is getting credit money to throw at the problem since there is no savings money to handle it. The
proposal to put 700 billion {the problem is bigger than this and will require more bailouts} into the economy to bail out the companies in
trouble is with the idea that that will take out the corrupt mortgages and then bankers will feel safe about lending again.

However there are several flaws in the bailout plan. The first flaw is that it uses creation of more money that will immediately devalue
the dollar by causing more inflation. Secondly, taking out the corrupt mortgages does not eliminate the original problem of the people who
are being foreclosed on but it gives money to the banks that created and distributed the corrupt mortgage instruments and or others who
were swindled. The banks get the foreclosed on properties and also the bail out, as they say, a sweet deal that is, for them, not for the
homeowner or the ordinary masses. This solution allows ordinary homeowners to lose their homes, mess up their credit and they will not
contribute to the economy, causing a spiral in which they will not buy stuff and businesses will lose money, etc. until the economy grinds to
a depressed state, thinking it will rise again {in cyclical fashion, as does occur in an inflationary monetary system, (periods of inflation
[Bull M arkets] and periods of deflation [bear markets]) and eventually offer new opportunities for investment {for the wealthy-those able
to invest} after the economy has been pushed down and those who ended the last cycle of the inflation holding the bag {the masses of
individual investors, through pension funds, money market funds, etc. not institutional investors and the super rich} lost their wealth,
while maintaining the masses in a perpetual state of economic struggle. Of course this makes bankers and other owners of the mortgages
richer even if it destroys the economy, but since there are no ethics who cares about that- the objective is to get rich now and to hell with
the consequences {the ultimate pure philosophy of capitalism and imperial fascism}. The goal of capitalism is to own capital and the means
of production to maintain power and accumulate wealth in order to gain more power and more wealth. The goal of imperial fascism is to use
the wealth and control of the means of production to keep the workforce weak, living at subsistence level in order to sap their wealth and
keep them powerless to change the economic hierarchy nationally and internationally.

The better solution would be to not allow inflation, credit money creation, and fiat currency [currency by government decree instead of
based on gold or some other standard]; to promote righteous economics, a standard of value for currency and sustainable industry. Who is
talking about moving towards righteous economics and sustainable industry? Who is talking about ending government corruption through
legalized bribery [campaign contributions, lobbying, etc.]? Who is talking about ending the American Empire, whose operative system
[imperialism] requires massive military expenditures to put down true democratic movements around the world seeking political and
economic freedom from the cabal of the world power elite? Who is talking about ending military spending that does not contribute to the
productiveness of the country or its crumbling infrastructure or its deteriorating health system, etc. and is one of the biggest causes
contributing to the deficits? Nobody; so the overall system of economics stays the same-the so-called free market capitalist system will
not go away and so the problems will not go away. This alone [faux economy and unsustainable industry] guarantees a collapse in the
foreseeable future even without the financing/credit problems. But what to do now? The course now should be to allow the institutions that
assisted in the creation of and or that invested in those corrupt mortgages to go bankrupt as a penalty. Then all mortgages should be reset as
to their current value and proper affordable payments. This way the underlying cause of the problem would be eliminated. Then the banking
system can reconstitute without being bailed out and without the banks and other already rich entities taking even more money that itself is
credit that the population will be forced to pay. Nevertheless, even this solution requires infusion of more money into the economy that
will raise inflation!

"The f ool who does not hear, can do nothing at all; looking at ignorance and seeing knowledge; looking at harmf ulness and seeing
usef ulness; living on the things by which one dies; the f ood of evil speech."
"The wise person who acts with MAAT is f ree of f alsehood and disorder."
-Ancient Egyptian P roverb

So the second problem and its inadequate solution compound and exacerbates the first; and even if it frees up credit markets in the short
term - the creation of so much more FIAT [false, illusory] money will inevitably cause a devaluation of the dollar leading to the collapse of
its value. Who will invest in the dollar when it is a devaluating currency? Who will support the US dollar under such conditions? China, the
Europeans, the Japanese, the wealthy super rich? Who would throw money into quicksand? The media and most commentators are
admonishing people not to panic and its ok to invest in US stocks and M utual Funds because the fundamentals are sound and assuring
them that if their savings are in a bank insured by FDIC that their money is safe; well how safe is worthless money? If you have $100,000
in the bank and the collapse of the value of the dollar continues as it is happening now, eventually that $100K might only buy what $25k
can buy today and what if the value sinks further than that? A devaluation of 90% is not impossible, that would leave a value of 10 cents on
the dollar! When it takes $30 for a loaf of bread how tight will things be? If you own a US stock and the value goes up and it pays even 20%
dividend what use is that going to be if gasoline costs $20 per gallon? What good is money without monetary value?

To what purpose is a treasury without its revenues?


-Ancient Egyptian P roverb

That is the problem of the loss of value of a currency and that is what the deficit spending and inflation will lead to if not stopped and
the bailout plan is not stopping that but actually the opposite -accelerating that. This is the same thing that led to the depression of the
1930s. Do not be fooled, while it is possible to make short term gains based on the volatility of the dollar any investment [especially long-
term investments] that is denominated in US dollars is in danger; so be prepared. All stocks, mutual funds and real estate are going down in
terms of selling value and the intrinsic value of the assets is also going down due to the devaluation of the dollar. So everyone except for the
rich-is going to a subsistence level existence.
What could happen in the near future [4-24 months]? The USA can descend into a severe depression. Having little manufacturing base
the USA cannot take care of its own needs and things will get so expensive that imported goods will be for the rich and all others will
discover a new level of struggle to survive and pay the bills. For a time (decades), social unrest, crime, racism, expulsion of immigrants,
confiscation of wealth of citizens by the government, and other social maladies will increase in epidemic proportions. Look at what
happened in Argentina, M exico and elsewhere. There is a possibility of losing ones income, savings, property, and liberty. There is a
possibility of civil disturbance-rioting, violence-crime, etc. for which the government has put into place certain contingency plans, not a
bailout but rather a program to force compliance: 1- National Security and Homeland Security Presidential Directive -COG [continuity of
[133]
government] so the president can suspend the constitution in case of a national emergency [the president decides what an emergency
[134]
is] in other words M artial Law. 2-Nationwide Immigrant detention centers and special facilities at military bases to
[135]
accommodate millions of detainees [beyond the millions already in the jails and prisons]. 3-3rd Infantry Divisions 1st Brigade Combat
Team -new and unprecedented army unit stationed in the continental USA (for the first time) with the sole duty to help with civil unrest
[136]
and crowd control.

Whether or not the reason for putting an army unit inside the United States, which is in violation of the Posse Commentates
[137]
Law , is actually to assist in times of disaster or homeland emergencies such as a natural disaster, as the authorities want to
characterize it, there is ample evidence of popular unrest due to the upcoming election of the president of the United States. There is also
the possibility of the use of this army unit to quell protests due to economic unrest as the country now seems headed for a massive
recession or depression; or it may be used to quell protests against the government if any group feels that the election was stolen as many
believe the year 2000 and year 2004 elections were stolen through election fraud. In any case a wise person would plan for any eventuality
where the use of a military unit to enforce martial law is possible.

"To suf f er, is a necessity entailed upon your nature, would you pref er that miracles should protect you f rom its lessons or shalt you repine,
because it happened unto you, when lo it happened unto all? Suf f ering is the golden cross upon which the rose of the Soul unf olds."
-Ancient Egyptian P roverb

The damage has been done to the economy and there will be a severe economic downturn regardless of who is elected and whatever
bailout plans they try to put in place. What should a person do under these circumstances? Do not rely on TV investment pundits or
financial broker firms, politicians or government. One TV pundit M ad M oney told people on TV to BUY stock in Bear Sterns one week
before it went bankrupt-and he is still on TV. They want to sell you junk investments so you can be the last person holding the corrupt
investments. The treasury secretary and the chairman of the Federal Reserve up till a few months ago said that the economy was in good
shape and now it requires a massive bailout in order to stave off a complete collapse? These are the same people who said that there was no
subprime problem and that the free market takes care of everything and go out and buy things at the store and all will be well that is-for
them, not for you. Now what they are selling is the bailout and the crumbling US dollar. While it is possible that the dollar may go up
temporarily in reference to other currencies, its value remains low, in reference to what it can purchase, and its trend is down and has been
so for decades.

Critics of the economic crisis and the prevailing philosophy that led to the current situation have charged that deregulation and free
markets led to irresponsible conduct of business and commerce. During the campaign for President of the United States candidate John
M cCain took to the strategy of calling Barack Obama a socialist for his pointing out that the prevailing philosophy of deregulation,
espoused by Reaganomics and especially during the administration of George W. Bush hurt the middle class and made the top .05% of the
population richer and he wanted to change tax policy to spread the wealth. Socialism is not to be conflated with communism. Socialism or
a theory or system of social organization that advocates the vesting of the ownership and control of the means of production and distribution,
[138]
of capital, land, etc., in the community as a whole , is not what Obama is proposing but rather a reinstitution of the protections (New
Deal) for society that were introduced by President F. D. Roosevelt during the Great Depression and the Great Society programs
[139]
introduced by president L. B. Johnson in the 1960s. So the ideas of Ayn Rand and M ilton Freedman, and others, such as Alan
Greenspan, who believed in their ideas, that led to the prevailing ideology for the relationship between government and business, allowing
businesses and commercial markets to self-regulate and be free of any restrictions, and requiring no civic responsibility, would seem to
have been proven erroneous. So much so that the former head of the U.S.A. Federal Reserve said recently that he was shocked by how the
financial system failed.

In Congressional testimony on October 23, 2008, Greenspan acknowledged that he was "partially" wrong in opposing regulation and stated,
"Those of us who have looked to the self-interest of lending institutions to protect shareholder's equity -- myself especially -- are in a state of shocked
[140]
disbelief." Referring to his free-market ideology, Greenspan said: I have found a flaw. I don t know how significant or permanent it is. But I have
been very distressed by that fact. Rep. Henry Waxman (D-Calif.) then pressed him to clarify his words. In other words, you found that your view of the
world, your ideology, was not right, it was not working, Waxman said. Absolutely, precisely, Greenspan replied. You know, that s precisely the
[141]
reason I was shocked, because I have been going for 40 years or more with very considerable evidence that it was working exceptionally well.
Greenspan admitted fault in opposing regulation of derivatives and acknowledged that financial institutions didn't protect shareholders and
investments as well as he expected.

M any have characterized the present collapse of the financial system as the death of the laissez-faire (hands off no regulation)
capitalism. Yet, there are many who still say that too much regulation will stifle business. Regardless of how things play out reinvestment in
the USA, with reasonable security of returns on investments, will not come again for years. The bailout will produce temporary stability
before the decline continues. Use this brief period of stability to stabilize your finances and develop a plan to meet the challenges that may
come in the future. Read the books for the detailed suggested plans.

Now, what is the spiritual lesson from all of this?


In Ancient Egypt the form of economics was more akin to what would be referred to today as socialism in that the Pharaoh or the royal
figurehead, owns all in trust for God but realizing that the council of priests and priestesses controlled the actions of the Pharaoh under the
regulations of M aat philosophy which dictated that the basic needs of all human beings should be taken care of. After that, enterprises were
allowed but to this extent the social safety net was maintained. This level of socialism or elements of it are practiced successfully today in
several countries. Some examples are England and Sweden. The fulfillment of the basic human needs fulfils a fundamental spiritual duty of
sharing wealth and providing a base for all to have opportunity to prosper and discover the meaning of life. Yet even in Ancient Egypt there
were periods of struggle. The following excerpts tell of a time when there was a breakdown of social order in the distant past.

Behold, the fire has gone up on high, and its burning goes forth against the enemies of the land.
Behold, things have been done which have not happened for a long time past; the king has been deposed by the rabble.
Behold, he who was buried as a falcon [is devoid] of biers, and what the pyramid concealed has become empty.
Behold, it has befallen that the land has been deprived of the kingship by a few lawless men.
Behold, men have fallen into rebellion against the Uraeus, the [. . .] of Re, even she who makes the Two Lands content.
Behold, the secret of the land whose limits were unknown is divulged, and the Residence is thrown down in a moment.
-Ancient Egyptian Legend of the Fall of society [Admonitions of Impuwer]

Impuwer admonishes us about a time of strife in Ancient Egypt where the order of society broke down. We are living in what the
Chinese sarcastically refer to as interesting times. If you have advanced in the teaching you should have begun to simplify your life and
otherwise you should have begun to develop detachment and dispassion for the world and its ups and downs; what is coming is a down but
that does not mean that you need to be down. It means that you should have been developing mental freedom so you could meet the
challenges ahead without emotional instability, fear and sentimental attachments. This is the kind of time you have been training for, the
adversity of life. But for a follower of the teaching adversity can be turned to prosperity both from a spiritual perspective and a material
perspective. Such fortitude comes from the advancement of spiritual evolution. If you have not advanced in the teaching you need to apply
yourself to the disciplines now more than ever. The problem has occurred because people have forgotten their divine essence and that allows
the extremes of delusion, unrighteous desires and unethical behavior.

"An immoderate desire of riches is a poison lodged in the mind. It contaminates and destroys everything that was good in it. It is no sooner
rooted there, than all virtue, all honesty, all natural af f ection, f ly bef ore the f ace of it."
"Passions and irrational desires are ills exceedingly great; and over these G OD hath set up the Mind to play the part of judge and
executioner."
-Ancient Egyptian P roverbs

There are two forms of deficit spending and unrighteous economics; the first relates to material possessions and physical money, the
second is deficit spending of desires people desire what is not desirable but also what is beyond their needs this is unrighteous economics
of mental assets that should be avoided by a spiritual aspirant. What is required to make it through in life and succeed on the spiritual path?

Remember to [. . . . . .]. . . shrine, to fumigate with incense and to offer water in a jar in the early morning.
Remember [to bring] fat r-geese, trp-geese, and ducks and to offer god's offerings to the gods.
Remember to chew natron and to prepare white bread; a man [should do it] on the day of wetting the head.
Remember to erect flagstaffs and to carve offering stones, the priest cleansing the chapels and the temple being plastered (white) like milk; to make
pleasant the odor of the horizon and to provide bread-offerings.
Remember to observe regulations, to fix dates correctly, and to remove him who enters on the priestly office in impurity of body, for that is doing it
wrongfully, it is destruction of the heart [. . .] the day which precedes eternity, the months [. . .] years are known.

-Ancient Egyptian Legend of the Fall of society [Admonitions of Impuwer]

Remember, Remember, Remember To remember the Spirit rearrange your life in such a way that you do not need the excesses of
deficit spending and unrighteous economics. Having educated yourself on the financial issues, continue your philosophical studies and
spiritual practices so as to develop spiritual insight {remembrance} into the soul nature of the problem that has allowed human beings to
corrupt themselves and their environment. It is also to remember your own soul nature and how you are free from the schemes of the world
so as to thereby live on a higher plane. From a relative perspective there may be some good that can come from an economic downfall if the
society returns to sound economic policies and sustainable industries, as was done in Ancient Egypt; then such a society could spread peace
and relieve want in all corners of the world. However, with the population of the society caught up in spiritual ignorance, egoistic exuberant
desires and corrupt leadership, that is unlikely. Nevertheless, the world is not meant to be a paradise but rather a place for those who are
ready to learn the lessons of life that lead to wisdom and immortality and also for those who, due to their ariu, are slated to experience
suffering and strife. If there are those who learn the lesson then the purpose of the downfall has been fulfilled. Those who live by love and
necessity discover freedom from the clutches of worldly ignorance and slavery to worldly enticements that only lead to unrest and
sufferings. They are led to HTP the peace of union of the lower and higher Self. So let this momentous period in history be prosperity of
Spirit and be thankful for the opportunity to think about divine things as opposed to being lulled into a false sense of security through
worldly values of endless acquired wealth and the illusory ideal of happiness through objects of desire.

O Heru, then the Great God decreed that Love and Necessity should be the lords of life.
-Ancient Egyptian Teaching of Aset to Heru
SEMA INSTITUTE
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36. The Death of American Empire: Neo-conservatism, Theocracy, Economic Imperialism, Environmental Disaster and the Collapse of Civilization
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3. THE KEMETIC DIET: GUIDE TO HEALTH, DIET AND FASTING Health issues have always been important to human beings since the beginning
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do not adhere to the philosophy of allopathic medicine. Allopathic medicine is what medical doctors practice by an large. It is the theory that disease is caused by
agencies outside the body such as bacteria, viruses or physical means which affect the body. These can therefore be treated by medicines and therapies The natural
healing method began in the absence of extensive technologies with the idea that all the answers for health may be found in nature or rather, the deviation from
nature. Therefore, the health of the body can be restored by correcting the aberration and thereby restoring balance. This is the area that will be covered in this
volume. Allopathic techniques have their place in the art of healing. However, we should not forget that the body is a grand achievement of the spirit and built into
it is the capacity to maintain itself and heal itself. Ashby, Muata ISBN: 1-884564-49-6 $28.95

4. INITIATION INTO EGYP TIAN YOGA Shedy: Spiritual discipline or program, to go deeply into the mysteries, to study the mystery teachings and
literature profoundly, to penetrate the mysteries. You will learn about the mysteries of initiation into the teachings and practice of Yoga and how to become an
Initiate of the mystical sciences. This insightful manual is the first in a series which introduces you to the goals of daily spiritual and yoga practices: Meditation,
Diet, Words of P ower and the ancient wisdom teachings. 8.5 X 11 ISBN 1-884564-02-X Soft Cover $24.95 U.S.

5. THE AFRICAN ORIGINS OF CIVILIZATION, RELIGION AND YOGA SPIRITUALITY AND ETHICS PHILOSOPHY HARD COVER EDITION P art
1, P art 2, P art 3 in one volume 683 P ages Hard Cover First Edition Three volumes in one. Over the past several years I have been asked to put together in one
volume the most important evidences showing the correlations and common teachings between Kamitan (Ancient Egyptian) culture and religion and that of India.
The questions of the history of Ancient Egypt, and the latest archeological evidences showing civilization and culture in Ancient Egypt and its spread to other
countries, has intrigued many scholars as well as mystics over the years. Also, the possibility that Ancient Egyptian P riests and P riestesses migrated to Greece,
India and other countries to carry on the traditions of the Ancient Egyptian Mysteries, has been speculated over the years as well. In chapter 1 of the book Egyptian
Yoga The Philosophy of Enlightenment, 1995, I first introduced the deepest comparison between Ancient Egypt and India that had been brought forth up to that
time. Now, in the year 2001 this new book, THE AFRICAN ORIGINS OF CIVILIZATION, MYSTICAL RELIGION AND YOGA PHILOSOPHY, more fully explores
the motifs, symbols and philosophical correlations between Ancient Egyptian and Indian mysticism and clearly shows not only that Ancient Egypt and India were
connected culturally but also spiritually. How does this knowledge help the spiritual aspirant? This discovery has great importance for the Yogis and mystics who
follow the philosophy of Ancient Egypt and the mysticism of India. It means that India has a longer history and heritage than was previously understood. It shows
that the mysteries of Ancient Egypt were essentially a yoga tradition which did not die but rather developed into the modern day systems of Yoga technology of
India. It further shows that African culture developed Yoga Mysticism earlier than any other civilization in history. All of this expands our understanding of the
unity of culture and the deep legacy of Yoga, which stretches into the distant past, beyond the Indus Valley civilization, the earliest known high culture in India as
well as the Vedic tradition of Aryan culture. Therefore, Yoga culture and mysticism is the oldest known tradition of spiritual development and Indian mysticism is an
extension of the Ancient Egyptian mysticism. By understanding the legacy which Ancient Egypt gave to India the mysticism of India is better understood and by
comprehending the heritage of Indian Yoga , which is rooted in Ancient Egypt the Mysticism of Ancient Egypt is also better understood. This expanded
understanding allows us to prove the underlying kinship of humanity, through the common symbols, motifs and philosophies which are not disparate and confusing
teachings but in reality expressions of the same study of truth through metaphysics and mystical realization of Self. (HARD COVER) ISBN: 1-884564-50-X
$45.00 U.S. 81/2 X 11

6. AFRICAN ORIGINS BOOK 1 PART 1 African Origins of African Civilization, Religion, Yoga Mysticism and Ethics P hilosophy-Soft Cover $24.95
ISBN: 1-884564-55-0
7. AFRICAN ORIGINS BOOK 2 PART 2 African Origins of Western Civilization , Religion and P hilosophy (Soft) -Soft Cover $24.95 ISBN: 1-
884564-56-9

8. EGYPT AND INDIA AFRICAN ORIGINS OF Eastern Civilization, Religion, Yoga Mysticism and Philosophy-Soft Cover $29.95 (Soft) ISBN: 1-
884564-57-7

9. THE MYSTERIES OF ISIS: The Ancient Egyptian Philosophy of Self-Realization - There are several paths to discover the Divine and the mysteries
of the higher Self. This volume details the mystery teachings of the goddess Aset (Isis) from Ancient Egypt- the path of wisdom. It includes the teachings of her
temple and the disciplines that are enjoined for the initiates of the temple of Aset as they were given in ancient times. Also, this book includes the teachings of the
main myths of Aset that lead a human being to spiritual enlightenment and immortality. Through the study of ancient myth and the illumination of initiatic
understanding the idea of God is expanded from the mythological comprehension to the metaphysical. Then this metaphysical understanding is related to you, the
student, so as to begin understanding your true divine nature. ISBN 1-884564-24-0 $22.99

10. EGYPTIAN PROVERBS: collection of Ancient Egyptian P roverbs and Wisdom Teachings -How to live according to MAAT P hilosophy.
Beginning Meditation. All proverbs are indexed for easy searches. For the first time in one volume, Ancient Egyptian P roverbs, wisdom teachings and
meditations, fully illustrated with hieroglyphic text and symbols. EGYP TIAN P ROVERBS is a unique collection of knowledge and wisdom which you can put
into practice today and transform your life. $14.95 U.S ISBN: 1-884564-00-3
11. GOD OF LOVE: THE PATH OF DIVINE LOVE The Process of Mystical Transformation and The Path of Divine Love This Volume focuses on
the ancient wisdom teachings of Neter Merri the Ancient Egyptian philosophy of Divine Love and how to use them in a scientific process for self-transformation.
Love is one of the most powerful human emotions. It is also the source of Divine feeling that unifies God and the individual human being. When love is fragmented
and diminished by egoism the Divine connection is lost. The Ancient tradition of Neter Merri leads human beings back to their Divine connection, allowing them to
discover their innate glorious self that is actually Divine and immortal. This volume will detail the process of transformation from ordinary consciousness to cosmic
consciousness through the integrated practice of the teachings and the path of Devotional Love toward the Divine. 5.5"x 8.5" ISBN 1-884564-11-9 $22.95

12. INTRODUCTION TO MAAT PHILOSOPHY: Spiritual Enlightenment Through the Path of Virtue Known commonly as Karma in India, the
teachings of MAAT contain an extensive philosophy based on ariu (deeds) and their fructification in the form of shai and renenet (fortune and destiny, leading to
Meskhenet (fate in a future birth) for living virtuously and with orderly wisdom are explained and the student is to begin practicing the precepts of Maat in daily life
so as to promote the process of purification of the heart in preparation for the judgment of the soul. This judgment will be understood not as an event that will occur
at the time of death but as an event that occurs continuously, at every moment in the life of the individual. The student will learn how to become allied with the forces
of the Higher Self and to thereby begin cleansing the mind (heart) of impurities so as to attain a higher vision of reality. ISBN 1-884564-20-8 $22.99

13. MEDITATION The Ancient Egypt ian Path to Enlightenment Many people do not know about the rich history of meditation practice in Ancient
Egypt. This volume outlines the theory of meditation and presents the Ancient Egyptian Hieroglyphic text which give instruction as to the nature of the mind and
its three modes of expression. It also presents the texts which give instruction on the practice of meditation for spiritual Enlightenment and unity with the Divine.
This volume allows the reader to begin practicing meditation by explaining, in easy to understand terms, the simplest form of meditation and working up to the most
advanced form which was practiced in ancient times and which is still practiced by yogis around the world in modern times. ISBN 1-884564-27-7 $22.99

14. THE GLORIOUS LIGHT MEDITATION TECHNIQUE OF ANCIENT EGYP T New for the year 2000. This volume is based on the earliest known
instruction in history given for the practice of formal meditation. Discovered by Dr. Muata Ashby, it is inscribed on the walls of the Tomb of Seti I in Thebes Egypt.
This volume details the philosophy and practice of this unique system of meditation originated in Ancient Egypt and the earliest practice of meditation known in
the world which occurred in the most advanced African Culture. ISBN: 1-884564-15-1 $16.95 (P B)

15. THE SERPENT POW ER: The Ancient Egyptian Mystical W isdom of the Inner Life Force. This Volume specifically deals with the latent life
Force energy of the universe and in the human body, its control and sublimation. How to develop the Life Force energy of the subtle body. This Volume will
introduce the esoteric wisdom of the science of how virtuous living acts in a subtle and mysterious way to cleanse the latent psychic energy conduits and vortices of
the spiritual body. ISBN 1-884564-19-4 $22.95

16. EGYPTIAN YOGA The Postures of The Gods and Goddesses Discover the physical postures and exercises practiced thousands of years ago in
Ancient Egypt which are today known as Yoga exercises. Discover the history of the postures and how they were transferred from Ancient Egypt in Africa to India
through Buddhist Tantrism. Then practice the postures as you discover the mythic teaching that originally gave birth to the postures and was practiced by the
Ancient Egyptian priests and priestesses. This work is based on the pictures and teachings from the Creation story of Ra, The Asarian Resurrection Myth and the
carvings and reliefs from various Temples in Ancient Egypt 8.5 X 11 ISBN 1-884564-10-0 Soft Cover $21.95 Exercise video $20

17. SACRED SEXUALITY: ANCIENT EGYPTIAN TANTRA YOGA: The Art of Sex Sublimation and Universal Consciousness This Volume will expand
on the male and female principles within the human body and in the universe and further detail the sublimation of sexual energy into spiritual energy. The student
will study the deities Min and Hathor, Asar and Aset, Geb and Nut and discover the mystical implications for a practical spiritual discipline. This Volume will also
focus on the Tantric aspects of Ancient Egypt ian and Indian mysticism, the purpose of sex and the mystical teachings of sexual sublimation which lead to self-
knowledge and Enlightenment. ISBN 1-884564-03-8 $24.95

18. AFRICAN RELIGION Volume 4: ASARIAN THEOLOGY: RESURRECTING OSIRIS The path of Mystical Awakening and the Keys to Immortality
NEW REVISED AND EXP ANDED EDITION! The Ancient Sages created stories based on human and superhuman beings whose struggles, aspirations, needs and
desires ultimately lead them to discover their true Self. The myth of Aset, Asar and Heru is no exception in this area. While there is no one source where the entire
story may be found, pieces of it are inscribed in various ancient Temples walls, tombs, steles and papyri. For the first time available, the complete myth of Asar, Aset
and Heru has been compiled from original Ancient Egyptian, Greek and Coptic Texts. This epic myth has been richly illustrated with reliefs from the Temple of Heru
at Edfu, the Temple of Aset at P hilae, the Temple of Asar at Abydos, the Temple of Hathor at Denderah and various papyri, inscriptions and reliefs. Discover the
myth which inspired the teachings of the Shetaut Neter (Egyptian Mystery System - Egyptian Yoga ) and the Egyptian Book of Coming Forth By Day. Also,
discover the three levels of Ancient Egyptian Religion, how to understand the mysteries of the Duat or Astral World and how to discover the abode of the Supreme
in the Amenta, The Other World The ancient religion of Asar, Aset and Heru, if properly understood, contains all of the elements necessary to lead the sincere
aspirant to attain immortality through inner self-discovery. This volume presents the entire myth and explores the main mystical themes and rituals associated with
the myth for understating human existence, creation and the way to achieve spiritual emancipation - Resurrection. The Asarian myth is so powerful that it influenced
and is still having an effect on the major world religions. Discover the origins and mystical meaning of the Christian Trinity, the Eucharist ritual and the ancient
origin of the birthday of Jesus Christ. Soft Cover ISBN: 1-884564-27-5 $24.95

19. THE EGYPTIAN BOOK OF THE DEAD MYSTICISM OF THE PERT EM HERU " I Know myself, I know myself, I am One With God!From the P ert
Em Heru The Ru P ert em Heru or Ancient Egyptian Book of The Dead, or Book of Coming Forth By Day as it is more popularly known, has fascinated the
world since the successful translation of Ancient Egyptian hieroglyphic scripture over 150 years ago. The astonishing writings in it reveal that the Ancient
Egyptians believed in life after death and in an ultimate destiny to discover the Divine. The elegance and aesthetic beauty of the hieroglyphic text itself has inspired
many see it as an art form in and of itself. But is there more to it than that? Did the Ancient Egyptian wisdom contain more than just aphorisms and hopes of eternal
life beyond death? In this volume Dr. Muata Ashby, the author of over 25 books on Ancient Egypt ian Yoga P hilosophy has produced a new translation of the
original texts which uncovers a mystical teaching underlying the sayings and rituals instituted by the Ancient Egyptian Sages and Saints. Once the philosophy of
Ancient Egypt is understood as a mystical tradition instead of as a religion or primitive mythology, it reveals its secrets which if practiced today will lead anyone to
discover the glory of spiritual self-discovery. The P ert em Heru is in every way comparable to the Indian Upanishads or the Tibetan Book of the Dead. $28.95
ISBN# 1-884564-28-3 Size: 8" X 11

20. African Religion VOL. 1- ANUNIAN THEOLOGY THE MYSTERIES OF RA The P hilosophy of Anu and The Mystical Teachings of The Ancient
Egyptian Creation Myth Discover the mystical teachings contained in the Creation Myth and the gods and goddesses who brought creation and human beings into
existence. The Creation myth of Anu is the source of Anunian Theology but also of the other main theological systems of Ancient Egypt that also influenced other
world religions including Christianity, Hinduism and Buddhism. The Creation Myth holds the key to understanding the universe and for attaining spiritual
Enlightenment. ISBN: 1-884564-38-0 $19.95

21. African Religion VOL 3: Memphite Theology: MYSTERIES OF MIND Mystical P sychology & Mental Health for Enlightenment and Immortality
based on the Ancient Egyptian P hilosophy of Menefer -Mysticism of P tah, Egyptian P hysics and Yoga Metaphysics and the Hidden properties of Matter. This
volume uncovers the mystical psychology of the Ancient Egyptian wisdom teachings centering on the philosophy of the Ancient Egyptian city of Menefer
(Memphite Theology). How to understand the mind and how to control the senses and lead the mind to health, clarity and mystical self-discovery. This Volume will
also go deeper into the philosophy of God as creation and will explore the concepts of modern science and how they correlate with ancient teachings. This Volume
will lay the ground work for the understanding of the philosophy of universal consciousness and the initiatic/yogic insight into who or what is God? ISBN 1-
884564-07-0 $22.95
22. AFRICAN RELIGION VOLUME 5: THE GODDESS AND THE EGYPTIAN MYSTERIESTHE PATH OF THE GODDESS THE GODDESS PATH
The Secret Forms of the Goddess and the Rituals of Resurrection The Supreme Being may be worshipped as father or as mother. Ushet Rekhat or Mother Worship , is
the spiritual process of worshipping the Divine in the form of the Divine Goddess. It celebrates the most important forms of the Goddess including Nathor, Maat,
Aset, Arat, Amentet and Hathor and explores their mystical meaning as well as the rising of Sirius, the star of Aset (Aset) and the new birth of Hor (Heru). The end
of the year is a time of reckoning, reflection and engendering a new or renewed positive movement toward attaining spiritual Enlightenment. The Mother Worship
devotional meditation ritual, performed on five days during the month of December and on New Year s Eve, is based on the Ushet Rekhit. During the ceremony, the
cosmic forces, symbolized by Sirius - and the constellation of Orion ---, are harnessed through the understanding and devotional attitude of the participant. This
propitiation draws the light of wisdom and health to all those who share in the ritual, leading to prosperity and wisdom. $14.95 ISBN 1-884564-18-6

23. THE MYSTICAL JOURNEY FROM JESUS TO CHRIST Discover the ancient Egyptian origins of Christianity before the Catholic Church and learn
the mystical teachings given by Jesus to assist all humanity in becoming Christlike. Discover the secret meaning of the Gospels that were discovered in Egypt. Also
discover how and why so many Christian churches came into being. Discover that the Bible still holds the keys to mystical realization even though its original
writings were changed by the church. Discover how to practice the original teachings of Christianity which leads to the Kingdom of Heaven. $24.95 ISBN# 1-
884564-05-4 size: 8" X 11"

24. THE STORY OF ASAR, ASET AND HERU: An Ancient Egyptian Legend (For Children) Now for the first time, the most ancient myth of Ancient
Egypt comes alive for children. Inspired by the books The Asarian Resurrection: The Ancient Egyptian Bible a n d The Mystical Teachings of The Asarian
Resurrection, The Story of Asar, Aset and Heru is an easy to understand and thrilling tale which inspired the children of Ancient Egypt to aspire to greatness and
righteousness. If you and your child have enjoyed stories like The Lion King and Star Wars you will love The Story of Asar , Aset and Heru. Also, if you know the
story of Jesus and Krishna you will discover than Ancient Egypt had a similar myth and that this myth carries important spiritual teachings for living a fruitful and
fulfilling life. This book may be used along with The Parents Guide To The Asarian Resurrection Myth: How to Teach Yourself and Your Child the Principles of
Universal Mystical Religion. The guide provides some background to the Asarian Resurrection myth and it also gives insight into the mystical teachings contained
in it which you may introduce to your child. It is designed for parents who wish to grow spiritually with their children and it serves as an introduction for those
who would like to study the Asarian Resurrection Myth in depth and to practice its teachings. 8.5" X 11" ISBN: 1-884564-31-3 $12.95
25. THE PARENTS GUIDE TO THE AUSARIAN RESURRECTION MYTH: How to Teach Yourself and Your Child the P rinciples of Universal
Mystical Religion. This insightful manual brings for the timeless wisdom of the ancient through the Ancient Egyptian myth of Asar, Aset and Heru and the
mystical teachings contained in it for parents who want to guide their children to understand and practice the teachings of mystical spirituality. This manual may be
used with the children's storybook The Story of Asar, Aset and Heru by Dr. Muata Abhaya Ashby. ISBN: 1-884564-30-5 $16.95

26. HEALING THE CRIMINAL HEART. Introduction to Maat P hilosophy, Yoga and Spiritual Redemption Through the P ath of Virtue Who is a
criminal? Is there such a thing as a criminal heart? What is the source of evil and sinfulness and is there any way to rise above it? Is there redemption for those who
have committed sins, even the worst crimes? Ancient Egyptian mystical psychology holds important answers to these questions. Over ten thousand years ago
mystical psychologists, the Sages of Ancient Egypt, studied and charted the human mind and spirit and laid out a path which will lead to spiritual redemption,
prosperity and Enlightenment. This introductory volume brings forth the teachings of the Asarian Resurrection, the most important myth of Ancient Egypt, with
relation to the faults of human existence: anger, hatred, greed, lust, animosity, discontent, ignorance, egoism jealousy, bitterness, and a myriad of psycho-spiritual
ailments which keep a human being in a state of negativity and adversity ISBN: 1-884564-17-8 $15.95

27. TEMPLE RITUAL OF THE ANCIENT EGYPTIAN MYSTERIES--THEATER & DRAMA OF THE ANCIENT EGYPTIAN MYSTERIES: Details the
practice of the mysteries and ritual program of the temple and the philosophy an practice of the ritual of the mysteries, its purpose and execution. Featuring the
Ancient Egyptian stage play-"The Enlightenment of Hathor' Based on an Ancient Egyptian Drama, The original Theater -Mysticism of the Temple of Hetheru 1-
884564-14-3 $19.95 By Dr. Muata Ashby
28. GUIDE TO PRINT ON DEMAND: SELF-PUBLISH FOR PROFIT, SP IRITUAL FULFILLMENT AND SERVICE TO HUMANITY Everyone
asks us how we produced so many books in such a short time. Here are the secrets to writing and producing books that uplift humanity and how to get them printed
for a fraction of the regular cost. Anyone can become an author even if they have limited funds. All that is necessary is the willingness to learn how the printing and
book business work and the desire to follow the special instructions given here for preparing your manuscript format. Then you take your work directly to the non-
traditional companies who can produce your books for less than the traditional book printer can. ISBN: 1-884564-40-2 $16.95 U. S.
29. Egyptian Mysteries: Vol. 1, Shetaut Neter What are the Mysteries? For thousands of years the spiritual tradition of Ancient Egypt, Shetaut Neter,
The Egyptian Mysteries, The Secret Teachings, have fascinated, tantalized and amazed the world. At one time exalted and recognized as the highest culture of
the world, by Africans, Europeans, Asiatics, Hindus, Buddhists and other cultures of the ancient world, in time it was shunned by the emerging orthodox world
religions. Its temples desecrated, its philosophy maligned, its tradition spurned, its philosophy dormant in the mystical Medu Neter, the mysterious hieroglyphic
texts which hold the secret symbolic meaning that has scarcely been discerned up to now. What are the secrets of Nehast {spiritual awakening and emancipation,
resurrection}. More than just a literal translation, this volume is for awakening to the secret code Shetitu of the teaching which was not deciphered by
Egyptologists, nor could be understood by ordinary spiritualists. This book is a reinstatement of the original science made available for our times, to the
reincarnated followers of Ancient Egyptian culture and the prospect of spiritual freedom to break the bonds of Khemn, ignorance, and slavery to evil forces: Saa .
ISBN: 1-884564-41-0 $19.99

30. EGYPTIAN MYSTERIES VOL 2: Dictionary of Gods and Goddesses This book is about the mystery of neteru, the gods and goddesses of Ancient
Egypt (Kamit, Kemet). Neteru means Gods and Goddesses. But the Neterian teaching of Neteru represents more than the usual limited modern day concept of
divinities or spirits. The Neteru of Kamit are also metaphors, cosmic principles and vehicles for the enlightening teachings of Shetaut Neter (Ancient Egyptian-
African Religion). Actually they are the elements for one of the most advanced systems of spirituality ever conceived in human history. Understanding the concept of
neteru provides a firm basis for spiritual evolution and the pathway for viable culture, peace on earth and a healthy human society. Why is it important to have
gods and goddesses in our lives? In order for spiritual evolution to be possible, once a human being has accepted that there is existence after death and there is a
transcendental being who exists beyond time and space knowledge, human beings need a connection to that which transcends the ordinary experience of human life
in time and space and a means to understand the transcendental reality beyond the mundane reality. ISBN: 1-884564-23-2 $21.95

31. EGYPTIAN MYSTERIES VOL. 3 The P riests and P riestesses of Ancient Egypt This volume details the path of Neterian priesthood, the joys,
challenges and rewards of advanced Neterian life, the teachings that allowed the priests and priestesses to manage the most long lived civilization in human history
and how that path can be adopted today; for those who want to tread the path of the Clergy of Shetaut Neter. ISBN: 1-884564-53-4 $24.95

32. The W ar of Heru and Set: The Struggle of Good and Evil for Control of the World and The Human Soul This volume contains a novelized version
of the Asarian Resurrection myth that is based on the actual scriptures presented in the Book Asarian Religion (old name Resurrecting Osiris). This volume is
prepared in the form of a screenplay and can be easily adapted to be used as a stage play. Spiritual seeking is a mythic journey that has many emotional highs and
lows, ecstasies and depressions, victories and frustrations. This is the War of Life that is played out in the myth as the struggle of Heru and Set and those are mythic
characters that represent the human Higher and Lower self. How to understand the war and emerge victorious in the journey o life? The ultimate victory and
fulfillment can be experienced, which is not changeable or lost in time. The purpose of myth is to convey the wisdom of life through the story of divinities who show
the way to overcome the challenges and foibles of life. In this volume the feelings and emotions of the characters of the myth have been highlighted to show the
deeply rich texture of the Ancient Egyptian myth. This myth contains deep spiritual teachings and insights into the nature of self, of God and the mysteries of life and
the means to discover the true meaning of life and thereby achieve the true purpose of life. To become victorious in the battle of life means to become the King (or
Queen) of Egypt.Have you seen movies like The Lion King, Hamlet, The Odyssey, or The Little Buddha? These have been some of the most popular movies in
modern times. The Sema Institute of Yoga is dedicated to researching and presenting the wisdom and culture of ancient Africa. The Script is designed to be produced
as a motion picture but may be addapted for the theater as well. $21.95 copyright 1998 By Dr. Muata Ashby ISBN 1-8840564-44-5

33. AFRICAN DIONYSUS: FROM EGYPT TO GREECE: The Kamitan Origins of Greek Culture and Religion ISBN: 1-884564-47-X FROM EGYP T
TO GREECE This insightful manual is a reference to Ancient Egyptian mythology and philosophy and its correlation to what later became known as Greek and
Rome mythology and philosophy. It outlines the basic tenets of the mythologies and shoes the ancient origins of Greek culture in Ancient Egypt. This volume also
documents the origins of the Greek alphabet in Egypt as well as Greek religion, myth and philosophy of the gods and goddesses from Egypt from the myth of
Atlantis and archaic period with the Minoans to the Classical period. This volume also acts as a resource for Colleges students who would like to set up fraternities
and sororities based on the original Ancient Egyptian principles of Sheti and Maat philosophy. ISBN: 1-884564-47-X $22.95 U.S.

34. THE FORTY TW O PRECEPTS OF MAAT, THE PHILOSOPHY OF RIGHTEOUS ACTION AND THE ANCIENT EGYPTIAN W ISDOM TEXTS
ADVANCED STUDIES This manual is designed for use with the 1998 Maat P hilosophy Class conducted by Dr. Muata Ashby. This is a detailed study of Maat
P hilosophy. It contains a compilation of the 42 laws or precepts of Maat and the corresponding principles which they represent along with the teachings of the
ancient Egyptian Sages relating to each. Maat philosophy was the basis of Ancient Egyptian society and government as well as the heart of Ancient Egyptian myth
and spirituality. Maat is at once a goddess, a cosmic force and a living social doctrine, which promotes social harmony and thereby paves the way for spiritual
evolution in all levels of society. ISBN: 1-884564-48-8 $16.95 U.S.

35. THE SECRET LOTUS: Poetry of Enlightenment


Discover the mystical sentiment of the Kemetic teaching as expressed through the poetry of Sebai Muata Ashby. The teaching of spiritual awakening is uniquely experienced
when the poetic sensibility is present. This first volume contains the poems written between 1996 and 2003. 1-884564--16 -X $16.99
37. The Ancient Egyptian B uddha: The Ancient Egyptian Origins of B uddhism
This book is a compilation of several sections of a larger work, a book by the name of African Origins of Civilization, Religion, Yoga Mysticism and Ethics P hilosophy. It
also contains some additional evidences not contained in the larger work that demonstrate the correlation between Ancient Egyptian Religion and Buddhism. This book is one
of several compiled short volumes that has been compiled so as to facilitate access to specific subjects contained in the larger work which is over 680 pages long. These short and
small volumes have been specifically designed to cover one subject in a brief and low cost format. This present volume, The Ancient Egyptian Buddha: The Ancient Egyptian
Origins of Buddhism, formed one subject in the larger work; actually it was one chapter of the larger work. However, this volume has some new additional evidences and
comparisons of Buddhist and Neterian (Ancient Egyptian) philosophies not previously discussed. It was felt that this subject needed to be discussed because even in the early
21st century, the idea persists that Buddhism originated only in India independently. Yet there is ample evidence from ancient writings and perhaps more importantly,
iconographical evidences from the Ancient Egyptians and early Buddhists themselves that prove otherwise. This handy volume has been designed to be accessible to young
adults and all others who would like to have an easy reference with documentation on this important subject. This is an important subject because the frame of reference with
which we look at a culture depends strongly on our conceptions about its origins. in this case, if we look at the Buddhism as an Asiatic religion we would treat it and it's
culture in one way. If we id as African [Ancient Egyptian] we not only would see it in a different light but we also must ascribe Africa with a glorious legacy that matches any
other culture in human history and gave rise to one of the present day most important religious philosophies. We would also look at the culture and philosophies of the Ancient
Egyptians as having African insights that offer us greater depth into the Buddhist philosophies. Those insights inform our knowledge about other African traditions and we can
also begin to understand in a deeper way the effect of Ancient Egyptian culture on African culture and also on the Asiatic as well. We would also be able to discover the
glorious and wondrous teaching of mystical philosophy that Ancient Egyptian Shetaut Neter religion offers, that is as powerful as any other mystic system of spiritual
philosophy in the world today. ISBN: 1-884564-61-5 $28.95

38. The Death of American Empire: Neo-conservatism, Theocracy, Economic Imperialism, Environmental Disaster and the Collapse of Civilization
This work is a collection of essays relating to social and economic, leadership, and ethics, ecological and religious issues that are facing the world today in order to
understand the course of history that has led humanity to its present condition and then arrive at positive solutions that will lead to better outcomes for all humanity. It surveys
the development and decline of major empires throughout history and focuses on the creation of American Empire along with the social, political and economic policies that led
to the prominence of the United States of America as a Superpower including the rise of the political control of the neo-con political philosophy including militarism and the
military industrial complex in American politics and the rise of the religious right into and American Theocracy movement. This volume details, through historical and current
events, the psychology behind the dominance of western culture in world politics through the "Superpower Syndrome Mandatory Conflict Complex" that drives the Superpower
culture to establish itself above all others and then act hubristically to dominate world culture through legitimate influences as well as coercion, media censorship and
misinformation leading to international hegemony and world conflict. This volume also details the financial policies that gave rise to American prominence in the global
economy, especially after World War II, and promoted American preeminence over the world economy through Globalization as well as the environmental policies, including the
oil economy, that are promoting degradation of the world ecology and contribute to the decline of America as an Empire culture . This volume finally explores the factors pointing
to the decline of the American Empire economy and imperial power and what to expect in the aftermath of American prominence and how to survive the decline while at the same
time promoting policies and social-economic-religious-political changes that are needed in order to promote the emergence of a beneficial and sustainable culture. $25.95sof t 1-
884564-25-9, Hard Cover $29.95 1-884564-45-3
39. The Af rican Origins of Hatha Yoga: And its Ancient Mystical Teaching
The subject of this present volume, The Ancient Egyptian Origins of Yoga P ostures, formed one subject in the larger works, African Origins of Civilization Religion, Yoga
Mysticism and Ethics P hilosophy and the Book Egypt and India is the section of the book African Origins of Civilization. Those works contain the collection of all correlations
between Ancient Egypt and India. This volume also contains some additional information not contained in the previous work. It was felt that this subject needed to be discussed
more directly, being treated in one volume, as opposed to being contained in the larger work along with other subjects, because even in the early 21st century, the idea persists
that the Yoga and specifically, Yoga P ostures, were invented and developed only in India. The Ancient Egyptians were peoples originally from Africa who were, in ancient
times, colonists in India. Therefore it is no surprise that many Indian traditions including religious and Yogic , would be found earlier in Ancient Egypt. Yet there is ample
evidence from ancient writings and perhaps more importantly, iconographical evidences from the Ancient Egyptians themselves and the Indians themselves that prove the
connection between Ancient Egypt and India as well as the existence of a discipline of Yoga P ostures in Ancient Egypt long before its practice in India. This handy volume has
been designed to be accessible to young adults and all others who would like to have an easy reference with documentation on this important subject. This is an important
subject because the frame of reference with which we look at a culture depends strongly on our conceptions about its origins. In this case, if we look at the Ancient Egyptians as
Asiatic peoples we would treat them and their culture in one way. If we see them as Africans we not only see them in a different light but we also must ascribe Africa with a
glorious legacy that matches any other culture in human history. We would also look at the culture and philosophies of the Ancient Egyptians as having African insights
instead of Asiatic ones. Those insights inform our knowledge bout other African traditions and we can also begin to understand in a deeper way the effect of Ancient Egyptian
culture on African culture and also on the Asiatic as well. When we discover the deeper and more ancient practice of the postures system in Ancient Egypt that was called "Hatha
Yoga" in India, we are able to find a new and expanded understanding of the practice that constitutes a discipline of spiritual practice that informs and revitalizes the Indian
practices as well as all spiritual disciplines. $19.99 ISBN 1-884564-60-7

40. The B lack Ancient Egyptians


This present volume, The Black Ancient Egyptians: The Black African Ancestry of the Ancient Egyptians, formed one subject in the larger work: The African Origins of
Civilization, Religion, Yoga Mysticism and Ethics P hilosophy. It was felt that this subject needed to be discussed because even in the early 21st century, the idea persists that
the Ancient Egyptians were peoples originally from Asia Minor who came into North-East Africa. Yet there is ample evidence from ancient writings and perhaps more
importantly, iconographical evidences from the Ancient Egyptians themselves that proves otherwise. This handy volume has been designed to be accessible to young adults and
all others who would like to have an easy reference with documentation on this important subject. This is an important subject because the frame of reference with which we look
at a culture depends strongly on our conceptions about its origins. in this case, if we look at the Ancient Egyptians as Asiatic peoples we would treat them and their culture in
one way. If we see them as Africans we not only see them in a different light but we also must ascribe Africa with a glorious legacy that matches any other culture in human
history. We would also look at the culture and philosophies of the Ancient Egyptians as having African insights instead of Asiatic ones. Those insights inform our knowledge
bout other African traditions and we can also begin to understand in a deeper way the effect of Ancient Egyptian culture on African culture and also on the Asiatic as well. ISBN
1-884564-21-6 $19.99
41. The Limits of Faith: The Failure of Faith-based Religions and the Solution to the Meaning of Lif e
Is faith belief in something without proof? And if so is there never to be any proof or discovery? If so what is the need of intellect? If faith is trust in something that is real is
that reality historical, literal or metaphorical or philosophical? If knowledge is an essential element in faith why should there by so much emphasis on believing and not on
understanding in the modern practice of religion? This volume is a compilation of essays related to the nature of religious faith in the context of its inception in human history as
well as its meaning for religious practice and relations between religions in modern times. Faith has come to be regarded as a virtuous goal in life. However, many people have
asked how can it be that an endeavor that is supposed to be dedicated to spiritual upliftment has led to more conflict in human history than any other social factor? ISBN
1884564631 SOFT COVER - $19.99, ISBN 1884564623 HARD COVER -$28.95

41. Redemption of The Criminal Heart Through Kemetic Spirituality and Maat Philosophy
Special book dedicated to inmates, their families and members of the Law Enforcement community. ISBN: 1-884564-70-4
$5.00

42. COMPARATIVE MYTHOLOG Y


What are Myth and Culture and what is their importance for understanding the development of societies, human evolution and the search for meaning? What is the purpose
of culture and how do cultures evolve? What are the elements of a culture and how can those elements be broken down and the constituent parts of a culture understood and
compared? How do cultures interact? How does enculturation occur and how do people interact with other cultures? How do the processes of acculturation and cooptation
occur and what does this mean for the development of a society? How can the study of myths and the elements of culture help in understanding the meaning of life and the means
to promote understanding and peace in the world of human activity? This volume is the exposition of a method for studying and comparing cultures, myths and other social
aspects of a society. It is an expansion on the Cultural Category Factor Correlation method for studying and comparing myths, cultures, religions and other aspects of human
culture. It was originally introduced in the year 2002. This volume contains an expanded treatment as well as several refinements along with examples of the application of the
method. the apparent. I hope you enjoy these art renditions as serene reflections of the mysteries of life. ISBN: 1-884564-72-0
Book price $21.95
43. CONVERSATION WITH G OD: Revelations of the Important Q uestions of Lif e
$24.99 U.S.
This volume contains a grouping of some of the questions that have been submitted to Sebai Dr. Muata Ashby. They are efforts by many aspirants to better understand and
practice the teachings of mystical spirituality. It is said that when sages are asked spiritual questions they are relaying the wisdom of God , the Goddess, the Higher Self, etc.
There is a very special quality about the Q & A process that does not occur during a regular lecture session. Certain points come out that would not come out otherwise due to
the nature of the process which ideally occurs after a lecture. Having been to a certain degree enlightened by a lecture certain new questions arise and the answers to these have
the effect of elevating the teaching of the lecture to even higher levels. Therefore, enjoy these exchanges and may they lead you to enlightenment, peace and prosperity. Available
Late Summer 2007 ISBN: 1-884564-68-2

44. MYSTIC ART PAINTING S


(with Full Color images) This book contains a collection of the small number of paintings that I have created over the years. Some were used as early book covers and others
were done simply to express certain spiritual feelings; some were created for no purpose except to express the joy of color and the feeling of relaxed freedom. All are to elicit
mystical awakening in the viewer. Writing a book on philosophy is like sculpture, the more the work is rewritten the reflections and ideas become honed and take form and
become clearer and imbued with intellectual beauty. Mystic music is like meditation, a world of its own that exists about 1 inch above ground wherein the musician does not
touch the ground. Mystic Graphic Art is meditation in form, color, image and reflected image which opens the door to the reality behind the apparent. I hope you enjoy these art
renditions and my reflections on them as serene reflections of the mysteries of life, as visual renditions of the philosophy I have written about over the years. ISBN 1-884564-69-
0 $19.95

45. ANCIENT EG YPTIAN HIEROG LYPHS FOR B EG INNERS


This brief guide was prepared for those inquiring about how to enter into Hieroglyphic studies on their own at home or in study groups. First of all you should know that
there are a few institutions around the world which teach how to read the Hieroglyphic text but due to the nature of the study there are perhaps only a handful of people who can
read fluently. It is possible for anyone with average intelligence to achieve a high level of proficiency in reading inscriptions on temples and artifacts; however, reading
extensive texts is another issue entirely. However, this introduction will give you entry into those texts if assisted by dictionaries and other aids. Most Egyptologists have a
basic knowledge and keep dictionaries and notes handy when it comes to dealing with more difficult texts. Medtu Neter or the Ancient Egyptian hieroglyphic language has been
considered as a "Dead Language." However, dead languages have always been studied by individuals who for the most part have taught themselves through various means. This
book will discuss those means and how to use them most efficiently. ISBN 1884564429 $28.95
46. ON THE MYSTERIES: Wisdom of An Ancient Egyptian Sage -with Foreword by Muata Ashby
This volume, On the Mysteries, by Iamblichus (Abamun) is a unique form or scripture out of the Ancient Egyptian religious tradition. It is written in a form that is not usual
or which is not usually found in the remnants of Ancient Egyptian scriptures. It is in the form of teacher and disciple, much like the Eastern scriptures such as Bhagavad Gita or
the Upanishads. This form of writing may not have been necessary in Ancient times, because the format of teaching in Egypt was different prior to the conquest period by the
P ersians, Assyrians, Greeks and later the Romans. The question and answer format can be found but such extensive discourses and corrections of misunderstandings within the
context of a teacher - disciple relationship is not usual. It therefore provides extensive insights into the times when it was written and the state of practice of Ancient Egyptian
and other mystery religions. This has important implications for our times because we are today, as in the Greco-Roman period, also besieged with varied religions and new age
philosophies as well as social strife and war. How can we understand our times and also make sense of the forest of spiritual traditions? How can we cut through the cacophony
of religious fanaticism, and ignorance as well as misconceptions about the mysteries on the other in order to discover the true purpose of religion and the secret teachings that
open up the mysteries of life and the way to enlightenment and immortality? This book, which comes to us from so long ago, offers us transcendental wisdom that applied to the
world two thousand years ago as well as our world today. ISBN 1-884564-64-X $25.95

47. The Ancient Egyptian Wisdom Texts -Compiled by Muata Ashby


The Ancient Egyptian Wisdom Texts are a genre of writings from the ancient culture that have survived to the present and provide a vibrant record of the practice of spiritual
evolution otherwise known as religion or yoga philosophy in Ancient Egypt. The principle focus of the Wisdom Texts is the cultivation of understanding, peace, harmony,
selfless service, self-control, Inner fulfillment and spiritual realization. When these factors are cultivated in human life, the virtuous qualities in a human being begin to manifest
and sinfulness, ignorance and negativity diminish until a person is able to enter into higher consciousness, the coveted goal of all civilizations. It is this virtuous mode of life
which opens the door to self-discovery and spiritual enlightenment. Therefore, the Wisdom Texts are important scriptures on the subject of human nature, spiritual psychology
and mystical philosophy. The teachings presented in the Wisdom Texts form the foundation of religion as well as the guidelines for conducting the affairs of every area of social
interaction including commerce, education, the army, marriage, and especially the legal system. These texts were sources for the famous 42 P recepts of Maat of the P ert M Heru
(Book of the Dead), essential regulations of good conduct to develop virtue and purity in order to attain higher consciousness and immortality after death. ISBN1-884564-65-
8 $18.95

48. THE KEMETIC TREE OF LIFE


THE KEMETIC TREE OF LIFE: Newly Revealed Ancient Egyptian Cosmology and Metaphysics f or Higher Consciousness The Tree of Life is a roadmap of a journey
which explains how Creation came into being and how it will end. It also explains what Creation is composed of and also what human beings are and what they are composed of.
It also explains the process of Creation, how Creation develops, as well as who created Creation and where that entity may be found. It also explains how a human being may
discover that entity and in so doing also discover the secrets of Creation, the meaning of life and the means to break free from the pathetic condition of human limitation and
mortality in order to discover the higher realms of being by discovering the principles, the levels of existence that are beyond the simple physical and material aspects of life. This
book contains color plates ISB N: 1-884564-74-7
$27.95 U.S.

49-MATRIX OF AFRICAN PROVERB S: The Ethical and Spiritual B lueprint


This volume sets forth the fundamental principles of African ethics and their practical applications for use by individuals and organizations seeking to model their ethical
policies using the Traditional African values and concepts of ethical human behavior for the proper sustenance and management of society. Furthermore, this book will provide
guidance as to how the Traditional African Ethics may be viewed and applied, taking into consideration the technological and social advancements in the present. This volume
also presents the principles of ethical culture, and references for each to specific injunctions from Traditional African P roverbial Wisdom Teachings. These teachings are compiled
from varied P re-colonial African societies including Yoruba, Ashanti, Kemet, Malawi, Nigeria, Ethiopia, Galla, Ghana and many more. ISBN 1-884564-77-1

50- G rowing B eyond Hate: Keys to Freedom f rom Discord, Racism, Sexism, Political Conf lict, Class Warf are, Violence, and How to Achieve Peace and
Enlightenment---INTRODUCTION: WHY DO WE HATE? Hatred is one of the fundamental motivating aspects of human life; the other is desire. Desire can be of a worldly
nature or of a spiritual, elevating nature. Worldly desire and hatred are like two sides of the same coin in that human life is usually swaying from one to the other; but the
question is why? And is there a way to satisfy the desiring or hating mind in such a way as to find peace in life? Why do human beings go to war? Why do human beings
perpetrate violence against one another? And is there a way not just to understand the phenomena but to resolve the issues that plague humanity and could lead to a more
harmonious society? Hatred is perhaps the greatest scourge of humanity in that it leads to misunderstanding, conflict and untold miseries of life and clashes between individuals,
societies and nations. Therefore, the riddle of Hatred, that is, understanding the sources of it and how to confront, reduce and even eradicate it so as to bring forth the fulfillment
in life and peace for society, should be a top priority for social scientists, spiritualists and philosophers. This book is written from the perspective of spiritual philosophy based
on the mystical wisdom and sema or yoga philosophy of the Ancient Egyptians. This philosophy, originated and based in the wisdom of Shetaut Neter, the Egyptian Mysteries,
and Maat, ethical way of life in society and in spirit, contains Sema-Yogic wisdom and understanding of life s predicaments that can allow a human being of any ethnic group to
understand and overcome the causes of hatred, racism, sexism, violence and disharmony in life, that plague human society. ISBN: 1-884564-81-X
Article XVIII. 52. Guide to Creating a Kemetic Marriage Contract
This marital contract guide reflects actual Ancient Egyptian Principles for Kemetic M arriage as they are to be applied for our times. The
marital contract allows people to have a framework with which to face the challenges of marital relations instead of relying on hopes or
romantic dreams that everything will workout somehow; in other words, love is not all you need. The latter is not an evolved, mature way
of handling one of the most important aspects of human life. Therefore, it behooves anyone who wishes to enter into a marriage to explore
the issues, express their needs and seek to avoid costly mistakes, and resolve conflicts in the normal course of life or make sure that their
rights and dignity will be protected if any eventuality should occur. M arital relations in Ancient Egypt were not like those in other countries
of the time and not like those of present day countries. The extreme longevity of Ancient Egyptian society, founded in M aat philosophy,
allowed the social development of marriage to evolve and progress to a high level of order and balance. M aat represents truth, righteous,
justice and harmony in life. This meant that the marital partners rights were to be protected with equal standing before the law. So there
was no disparity between rights of men or rights of women. Therefore, anyone who wants to enter into a marriage based on Kemetic
principles must first and foremost adhere to this standardequality in the rights of men and women. This guide demonstrates procedures
for following the Ancient Egyptian practice of formalizing marriage with a contract that spells out the important concerns of each partner in
the marital relationship, based on M aatian principles [of righteous, truth, harmony and justice] so that the rights and needs of each partner
may be protected within the marriage. It also allows the partners to think about issues that arise out of the marital relations so that they
may have a foundation to fall back on in the event that those or other unforeseen issues arise and cause conflict in the relationship. By
having a document of expressed concerns, needs and steps to be taken to address them, it is less likely that issues which affect the
relationship in a negative way will arise, and when they do, they will be better handled, in a more balanced, just and amicable way.
EBOOKISBN 978-1-937016-59-3, HARDCOPYBOOKISBN: 1-884564-82-8
Article XIX. Music Based on the Prt M Hru and other Kemetic Texts
Available on Compact Disc $14.99 and Audio Cassette $9.99

Adorations to the Goddess- Vol. 1

Music for Worship of the Goddess based on the goddess teachings and words of power of Ancient Egypt
NEW Egyptian Yoga Music CD
by Sehu Maa
Ancient Egyptian Music CD

1999 By M uata Ashby


CD $14.99

MERITS INSPIRATION
NEW Egyptian Yoga Music CD
by Sehu Maa
Ancient Egyptian Music CD
Instrumental M usic played on
reproductions of Ancient Egyptian Instruments Ideal for meditation and
reflection on the Divine and for the practice of spiritual programs and Yoga exercise sessions.
1999 By
M uata Ashby
CD $14.99
UPC# 761527100429

ANORATIONS TO RA AND HETHERU


NEW Egyptian Yoga Music CD
By S ehu Maa (Muata Ashby)
Based on the Words of Power of Ra and HetHeru
played on reproductions of Ancient Egyptian Instruments Ancient Egyptian Instruments used: Voice, Clapping, Nefer Lute, Tar
Drum, S istrums, Cymbals The Chants, Devotions, Rhythms and Festive S ongs Of the Neteru Ideal for meditation, and
devotional singing and dancing.
1999 By M uata Ashby
CD $14.99
UPC# 761527100221

SONGS TO ASAR ASET AND HERU


NEW
Egyptian Yoga Music CD
B y Sehu Maa
played on reproductions of Ancient Egyptian Instruments The Chants, Devotions, Rhythms and
Festive Songs Of the Neteru - Ideal f or meditation, and devotional singing and dancing.
B ased on the Words of Power of Asar (Asar), Aset (Aset) and Heru (Heru) Om Asar Aset
Heru is the third in a series of musical explorations of the
Kemetic (Ancient Egyptian) tradition of music. Its ideas are based on the Ancient Egyptian Religion of Asar, Aset and Heru and it is
designed for listening, meditation and worship. 1999 By M uata Ashby
CD $14.99
UPC# 761527100122

HAARI OM: ANCIENT EGYPT MEETS INDIA IN MUSIC


NEW Music CD
B y Sehu Maa

The Chants, Devotions, Rhythms and


Festive Songs Of the Ancient Egypt and India, harmonized and played on reproductions of ancient instruments along with modern instruments and beats. Ideal f or
meditation, and devotional singing and dancing.
Haari Om is the fourth in a series of musical explorations of the Kemetic (Ancient Egyptian) and Indian traditions of music, chanting and
devotional spiritual practice. Its ideas are based on the Ancient Egyptian Yoga spirituality and Indian Yoga spirituality.
1999 By M uata Ashby
CD $14.99
UPC# 761527100528

RA AKHU: THE GLORIOUS LIGHT


NEW
Egyptian Yoga Music CD
B y Sehu Maa
The fifth collection of original music compositions based on the Teachings and Words of The Trinity, the God Asar and the
Goddess Nebethet, the Divinity Aten, the God Heru, and the Special M editation Hekau or Words of Power of Ra from the Ancient
Egyptian Tomb of Seti I and more...
played on reproductions of Ancient Egyptian Instruments and modern instruments - Ancient Egyptian Instruments used: Voice, Clapping,
Nef er Lute, Tar Drum, Sistrums, Cymbals
The Chants, Devotions, Rhythms and Festive Songs Of the Neteru Ideal f or meditation, and devotional singing and dancing.
1999 By M uata Ashby
CD $14.99
UPC# 761527100825
GLORIES OF THE DIVINE MOTHER
Based on the hieroglyphic text of the worship of Goddess Net.
The Glories of The Great Mother
2000 Muata Ashby
CD $14.99 UPC# 761527101129`

NEW RELEASE

2002 M usic based on the Ancient Egyptian tradition of birth music and sounds for the ceremony of giving birth.

NEW RELEASE
2003 M usic for M editation and Relaxation

NEW RELEASE

2005 Dua Asar

M usic based on the Asarian tradition and more Ancient Egyptian traditions. Includes remixes and new releases

M AIN VIDEOS

Egyptian Yoga Exercise Class Level 1


M uata Ashby (Writer), M uata Ashby (Producer), M uata Ashby (Director)

List Price: $25.00


80 minutes, NTSC
UPC: 883629024394
Discover the practice of Egyptian Yoga postures based on the posture system practiced by the Ancient Egyptian priests and priestesses
of Ancient Egypt. This is a practice for physical health but also for mental mythological and spiritual journey to higher consciousness.

Introduction to Ancient Egyptian Hieroglyphs


M uata Ashby (Writer), M uata Ashby (Producer), M uata Ashby (Director)
List Price: $25.00
60 minutes, NTSC
UPC: 883629113227
Introduction to Ancient Egyptian Hieroglyphs Class 1

Introduction to Egyptian Yoga


M uata Ashby (Writer), M uata Ashby (Producer), M uata Ashby (Director)

List Price: $25.00


60 minutes, NTSC
UPC: 883629113159
Introduction to Egyptian Yoga philosophy and its influence on other world religions as well as its implications for spiritual evolution as
conceived by the Ancient Egyptian sages Lecture by Dr. M uata Ashby

Glorious Light M editation System of Ancient Egypt


M uata Ashby (Writer), M uata Ashby (Producer), M uata Ashby (Director)

List Price: $25.00


60 minutes, NTSC
UPC: 883629113104
Glorious Light M editation System of Ancient Egypt is the oldest practice of formal meditation before Buddhism, Hinduism and Taoism.
Ra Akhu, the glorious light was commissioned by the Pharaoh Sety 1 and it was enjoined for men and women to practice. This DVD is an
introduction to the system and a practice session.

Asarian Resurrection: M yth of Asar, Aset and Heru (Osiris, Isis and Horus)
M uata Ashby (Writer), M uata Ashby (Producer), M uata Ashby (Director)

List Price: $25.00


60 minutes, NTSC
UPC: 883629111247
Audiovisual lecture by Dr. M uata Ashby on the most important myth of ancient Egypt based on the myth of Osiris, Isis and Horus,
and its spiritual implications for attaining spiritual enlightenment
Ancient Egyptian M usic Session Live Performances
M uata Ashby (Writer), M uata Ashby (Producer), M uata Ashby (Director)

List Price: $25.00


60 minutes, NTSC
UPC: 883629113241
Ancient Egyptian M usic Session Live Performances using Ancient Egyptian musical instrument reproductions and original lyric from
ancient Egyptian hymbs and texts

Introduction to M aat Philosophy


M uata Ashby (Writer), M uata Ashby (Producer), M uata Ashby (Director)

List Price: $25.00


60 minutes, NTSC
UPC: 883629113234
Introduction to M aat Philosophy, the Ancient Egyptan philosophy of social order, justice and truth

Introduction to Shetaut Neter Part 1 -Egyptian M ysteries


M uata Ashby (Writer), M uata Ashby (Producer), M uata Ashby (Director)

List Price: $25.00


60 minutes, NTSC
UPC: 883629113166
Audiovisual with powerpoint presentation on Shetaut Neter philosophy, the Egyptian mysteries, the Ancient Egyptian religious
principles of metaphysics and mysticism. Lecture by Dr. M uata Ashby

Pan-Africanism in Light of M aat Philosophy


M uata Ashby (Writer), M uata Ashby (Producer), M uata Ashby (Director)

List Price: $25.00


60 minutes, NTSC
UPC: 883629113173
Pan-Africanism in Light of M aat Philosophy relates to how the concept of seein African culture in its totality relates to the promotion
of African political, economic and social wellbeing under African principles of spiritual ethics Lecture by Dr. M uata Ashby

M ythology of the Ancient Egyptian Yoga Postures


M uata Ashby (Writer), M uata Ashby (Producer), M uata Ashby (Director)

List Price: $25.00


60 minutes, NTSC
UPC: 883629113265
Lecture series by Dr. M uata Ashby-Course traces the African Origins of Civilization, Religion and Philosophy. This video traces the
origins and development of the Ancient Egyptian Yoga Postures. Contains slide presentation with actual original photos of the original
postures from Ancient Egypt.

[1]
Williamson, John (1990) "What Washington Means by P olicy Reform" in John Williamson, ed. Latin American Adjustment: How Much Has Happened? (Washington,
DC: Institute for International Economics
[2]
http://www.nytimes.com/2005/08/31/business/31wanniski.html Jude Wanniski, 69, Journalist Who Coined the Term 'Supply-Side Economics,' Dies
[3]
http://en.wikipedia.org/wiki/Voodoo_Economics
[4] Modern History Sourcebook: Benito Mussolini: What is Fascism, 1932, http://www.fordham.edu/halsall/mod/mussolini-fascism.html
[5]
Case, K. E. & Fair, R. C. (2007). Principles of Economics: 8 Edition. Upper Saddle Rive, NJ: P rentice Hall.
[6]
Paul Robin Krugman (born February 28, 1953) is an American economist, columnist, author, and intellectual. He is professor of economics and international affairs at
P rinceton University, and is also a columnist for The New York Times, writing a twice-weekly op-ed for the newspaper since 2000.
[7]
Malabre, Jr., Alfred L. (1994).Lost Prophets: An Insider's History of the Modern Economists, p. 182. Harvard Business School P ress. ISBN 0-87584-441-3.
[8]
see P iketty, Thomas and Emmanuel Saez (2003) "Income Inequality in the United States" Quarterly Journal of Economics, 118(1):1-38
[9] government by corporations (industry)
[10] American Heritage Dictionary
[11] ibid
[12] National Debt clock, http://www.brillig.com/debt_clock/
[13] American Heritage Dictionary
[14]Confessions of an Economic Hit Man By John P erkins
[15] P athological Consumption by Addison Wiggin. Addison Wiggin is editorial director and publisher of The Daily Reckoning. He is also the co-author, along with Bill
Bonner, of the recently released New York Times bestseller, Empire of Debt: The Rise of an Epic Financial Crisis.
[16] 2005 China Revaluation. All rights reserved.
http://www.chinarevaluation.com/impact_on_other_markets_euro.shtml
[17] theconservativevoice.com http://www.theconservativevoice.com/article/13186.html
[18] http://www.innworldreport.net/#
[19] Wikipedia, the free encyclopedia 2001-2006
[20] Wikipedia, the free encyclopedia 2001-2006
[21] ibid
[22] ibid
[23] http://english.pravda.ru/world/americas/31-01-2006/75027-dollar-0
[24] The Standard and P oor's Corporation (S&P ), a subsidiary of McGraw-Hill, is a company that performs financial research and analysis on stocks and debt instruments. It
is one of the top three players in this business. The other two are Moody's and A. M. Best. It is best known for its US-based S&P 500 and the Australian S&P 200 stock market
index. Wikipedia, the free encyclopedia 2001-2006
[25] Robinson, Joan Violet, 190383, British economist, b. Surrey, England. A socialist, she worked with Keynes and taught at Cambridge Univ. (193171). Her treatise,
The Economics of Imperfect Competition (1933), analyzes the debates over monopolistic competition and microeconomic theory. Robinson was outspoken in her criticism of
social and economic injustices against the developing nations; she came under fire from some Cambridge colleagues, particularly because of her criticism of neoclassical economic
theory. Other works by Robinson include An Essay on Marxian Economics (1942), and The Accumulation of Capital (1956, 3d. ed. 1985). Source: The Columbia Electronic
Encyclopedia Copyright 2004, Columbia University P ress.
[26]
Analysis of P resident's Budget Table 1-3 P age 6 http://www.cbo.gov/ftpdocs/78xx/doc7878/03-21-P residentsBudget.pdf
[27]
CBO Study Grey Box P age 1
[28] Why Invest in Gold Now? By Dr David Evans
[29] U.S. Trade Deficit Hits All-Time High February 10, 2006 7:25AM
http://www.newsfactor.com/story.xhtml? story_id=41546
[30]
Psychology. a person of borderline intelligence in a former classification of mental retardation, having an intelligence quotient of 50 to 69.
[31]
This was taken from a speech at his alma mater Georgetown University in 2006
[32] The U.S. Housing Market Collapse of 2005 By Dan Denning
[33] CNN money.com http://money.cnn.com/2006/03/21/news/economy/bernanke.reut/index.htm
[34] Japan's P M sees end to deflation BBC Friday, 3 March 2006,
[35] the central bank of the United States; incorporates 12 Federal Reserve branch banks and all national banks and state charted commercial banks and some trust companies;
"the Fed seeks to control the United States economy by raising and lowering short-term interest rates and the money supply"
[36] The Undervalued Asset Looking For A Catalyst by Jim P uplava July 2, 2003
[37]The U.S. Housing Market Collapse of 2005 By Dan Denning
[38] Article: Why Invest in Gold Now? By Dr David Evans
[39] The U.S. Housing Market Collapse of 2005 By Dan Denning
[40] ibid
[41] Gretchen Morgenson is assistant business and financial editor and a columnist at the New York Times. She has covered the world financial markets for the Times since
May 1998 and won the P ulitzer P rize in 2002 for her "trenchant and incisive" coverage of Wall Street.
[42] NEWS AND ANALYSIS; The Envelopes, P lease, January 2, 2005, Sunday By GRETCHEN MORGENSON (NYT); SundayBusiness.
[43] SHAKE-UP AT FANNIE MAE: THE OVERVIEW; Assessing What Will Now Happen to Fannie Mae, December 17, 2004, Friday, By STEP HEN LABATON;
GRETCHEN MORGENSON CONTRIBUTED, REP ORTING FOR THIS ARTICLE. (NYT); Business/Financial Desk
Late Edition - Final, Section C, P age 1, Column 2, 1235 words
[44]
the material wealth of the 20 th century allowed people to eat more meat and turn to a meat based diet instead of the plant based diet of the 19 th century and prior and that
led to the highest increase of cancer and heart disease in human history that have killed more people than all of the wars of the 20 th century, all natural disasters and all
automobile accidents COMBINED. From The Rave Diet
[45] Article: Why Invest in Gold Now? By Dr David Evans
[46] http://www.edmunds.com/new/2006/toyota/corolla/index.html? mktcat=makemodel-toyota&kw=toyota+corolla&mktid=ga11328159
[47] Third World is a term originally used to distinguish those nations that neither aligned with the West nor with the East during the Cold War . These countries are also
known as the Global South, developing countries, and least developed countries in academic circles. Development workers also call them the two-thirds world and The South.
Some dislike the term developing countries as it implies that industrialization is the only way forward, while they believe it is not necessarily the most beneficial. Many "third
world" countries are located in Africa, Latin America, and Asia. They are often nations that were colonized by another nation in the past. The populations of third world
countries are generally very poor but with high birth rates. In general they are not as industrialized or technologically advanced as the first world. The majority of the countries
in the world fit this classification. Wikipedia, the free encyclopedia 2001-2006
[48] From Wikipedia Encyclopedia
[49] GOLD-INVESTMENT.INFO, http://www.gold-investment.info/why_invest_in_gold_1.htm
[50]
Baby Boomer generation
[51]
government estimates put the shortfalls at 11 trillion however, private studies have put the Medicare and Social Security deficit at over 45 trillion
[52] ibid
[53] February 3, 2006, Shared Responsibilities: Solving the P roblem of Global Imbalances University of California, Berkley
[54] Wikipedia, the free encyclopedia 2001-2006
[55] De jure (in Classical Latin de iure) is an expression that means "based on law", as contrasted with de facto, which means "in fact".
The terms de jure and de facto are used instead of "in principle" and "in practice", respectively, when one is describing political situations. Wikipedia, the free encyclopedia
2001-2006
[56] Wikipedia, the free encyclopedia 2001-2006
[57] The Columbia Electronic Encyclopedia Copyright 2004, Columbia University P ress.
[58] Wikipedia, the free encyclopedia 2001-2006
[59] ibid
[60] Why Invest in Gold Now? By Dr David Evans
[61] Wikipedia, the free encyclopedia 2001-2006
[62] INN World Report Dish TV March. 8 2006 [INNWorldReport.net]
[63] http://www.washingtonpost.com/wp-dyn/content/article/2006/03/16/AR2006031602019_pf.html
[64] http://news.goldseek.com/JamesTurk/1142438460.php
[65] Democracy Now.org Fmr. GOP Strategist Kevin P hillips on American Theocracy: The P eril and P olitics of Radical Religion, Oil, and Borrowed Money in the 21st
Century 3-21-06
[66] Defunct Economists by William Greider posted December 2, 2004 (December 20, 2004 issue) The Nation
[67]
The signatories of the Declaration of Independence are often referred to as "Founders". George Washington was also dominant person.
[68] African Religion Vol 4: Asarian Theology by Muata Ashby
[69] The 42 P recepts of Maat and the P hilosophy of Righteous Action of the Wisdom Sages, by Muata Ashby (Ancient Egyptian Wisdom Texts)
[70] see the book African Origins by Muata Ashby
[71] see the book Introduction to Maat P hilosophy by Muata Ashby
[72] deben: about 92 grammes, ten kit equalled one deben.
[73] seniu: or shat, was used until the New Kingdom, one twelfth of a deben, about 7.6 grammes, was replaced by the kit.
[74] Coins struck in Ancient Egypt exhibit the Athenian owl, but the Greek olive branch was substituted for a papyrus plant and the inscriptions were in Aramaic or
Demotic.
[75] Wangstedt, Sten V. Ausgewhlte demotische Ostraka aus der Sammlung des Victoria-Museums zu Uppsala und der Staatlichen P apyrussammlung zu Berlin
[76] Origins of Money and of Banking by Roy Davie
[77] a British financial system in which a bank or a post office transfers money from one account to another when they receive authorization to do so
[78] Wikipedia, the free encyclopedia 2001-2006
[79]
see the books Egyptian Book of the Dead and Introduction to Maat Philosophy by Muata Ashby
[80] The Great Bust Ahead by Daniel A. Arnold
[81] July 21, 2004 - America's P rotestant majority is about to disappear, according to a new study by researchers at the University of Chicago. According to survey results
from more than 43,000 Americans gathered over the last 30 years, the percentage of P rotestants in the national population has shrunk from 63 percent in 1993 to 52 percent in
2002.
[82] From Wikipedia, the free encyclopedia.
[83] Exploring Social Change by Harper and Leicht pp 332
[84] Exploring Social Change by Harper and Leicht pp 335
[85] Glen "Rodney" King (born April 2, 1965 in Sacramento, California) was an African-American motorist who, while videotaped by a bystander (George Holliday), was
forcibly subdued and arrested by Los Angeles police officers (LAP D) during a police traffic stop on March 3, 1991. The incident raised an outcry in the African-American
community, which believed the incident was racially motivated. The subsequent acquittal in a state court of four officers charged with using excessive force in subduing King led
to the 1992 Los Angeles riots and mass protest around the country.
[86] Farenheight 911 by Michael Moore
[87] The P arty of Davos by Jeff Faux
[88] P aul Adolph Volcker (born September 5 in Cape May, New Jersey, 1927), economist, is best-known as the Chairman of the Federal Reserve under United States
P residents Jimmy Carter and Ronald Reagan (from August 1979 to August 1987). From Wikipedia ancyclopedia.
[89] Daily Reckoning Financial Newsletter
http://www.dailyreckoning.com/LP /OutstandingInvestments.html
[90] Documentary: Deadly Arrogance: Nuclear Nightmare
[91] Fmr. Democratic Senator and P residential Candidate Gary Hart: Both Houses of Congress Belong to the P resident s P arty Tuesday, March 28th, 2006
Democracynow.org
[92] Egyptian P roverbs by Muata Ashby
[93] Arundhati Roy Abriged version of speech given at the World Social Forum in Mumbai , 16. January 2004 INDIA: `We have to become the global resistance -January 16,
author and activist Arundhati Roy
[94] Democracy now transcript Antonia Juhasz on The Bush Agenda- Invading the World, One Economy at a Time Tuesday, April 25th, 2006
[95]
Senate Report: B ush Deliberately Distorted Pre-War Intelligence
In other Iraq news, a newly released Senate report has concluded P resident George Bush and his top policymakers deliberately distorted Saddam Hussein s links to al-
Qaeda and ignored doubts among intelligence agencies about Iraq s arms programs as they made a case for war. Sen. John Rockefeller, the chair of the Senate
Intelligence Committee said the report shows the administration led the nation to war on false premises. http://www.democracynow.org/2008/6/6/headlines#2
Article I. 935 Lies (and Counting): Study Documents B ush Admins False Statements Preceding Iraq War
A new study from the Center for P ublic Integrity has revealed P resident Bush and top administration officials made a total of 935 false public statements about Iraq s alleged
national security threat in the two years following the 9/11 attacks. P resident Bush made the most false statements260. Colin P owell, his then-secretary of state, made 254 false
statements. We speak with the founder of the Center for P ublic Integrity, Charles Lewis. http://www.democracynow.org/2008/1/24/935_lies_and_counting_study_counts
[96] Hersh: Nukes Unlikely Vs. Iran WASHINGTON, April 10, 2006 (CBS) P ulitzer P rize-winning reporter Seymour Hersh writes in the latest issue of The New Yorker
magazine that the use of tactical nuclear weapons is one option being considered by the administration if Tehran doesn't abandon what Washington and other nations suspect
are efforts by Iran to develop nuclear weapons.
http://www.cbsnews.com/stories/2006/04/10/earlyshow/main1483568.shtml
[97] Democracy now transcript P entagon P apers Whistleblower Daniel Ellsberg to Government Insiders: Risk P rison to Leak Information Exposing Illegal Government
Actions Wednesday, April 26th, 2006
[98] The Real Reasons Why Iran is the Next Target: The Emerging Euro -denominated International Oil Marker by William Clark www.globalresearch.ca 27 October 2004
The URL of this article is: http://globalresearch.ca/articles/CLA410A.html
[99] Wikipedia Encyclopedia

[100] P etrodollar or P etroeuro? A new source of global conflict The current political and economic rift between the US and the European Union has been called a clash of
civilizations. Its major cause is a struggle over the gains to be had from producing the world's leading currency -by Ciln Nunan
[101]
Target Iran: Former UN Weapons Inspector Scott Ritter and Investigative Journalist Seymour Hersh on White House P lans for Regime Change December 21, 2006
http://www.democracynow.org/2006/12/21/target_iran_former_un_weapons_inspector
[102]
What Did Bush Know on Iran, and When Did He Know It? December 05, 2007
Article II. http://www.democracynow.org/2007/12/5/what_did_bush_know_on_iran
[103]
Democracynow.org, April 28, 2008
http://www.democracynow.org/2008/4/28/un_nuclear_watchdog_chief_blasts_us
[104]
Article III. Is Israel P reparing to Bomb Iran?
The New York Times reported Friday that Israel recently carried out a major military exercise that P entagon officials say appeared to be a rehearsal for a potential bombing attack
on Iran s nuclear facilities. More than 100 Israeli F-16 and F-15 fighter planes took part in the maneuvers over the eastern Mediterranean and Greece. June 23, 2008
http://www.democracynow.org/2008/6/23/is_israel_preparing_to_bomb_iran
[105]
Despite Intelligence Assessment, B ush Def ends Iran Threats
P resident Bush continues to insist Iran threatens the United States despite the new National Intelligence Estimate refuting most of his key claims. This week s consensus
report from all sixteen U.S. intelligence agencies concludes Iran shut down its nuclear weapons program more than four years ago. In his first public comments, P resident Bush
said his position is unchanged.
President B ush: I believed before the NIE that Iran was dangerous and I believe after the NIE that Iran is dangerous. And I believe now it is time for the world to do the
hard work necessary to convince the Iranians there is a better way forward.
P resident Bush was also asked if he was aware of the assessment when he warned of a World War Three less than two months ago. Bush admitted he was first informed of
new information in August, but says he didn t find out the specificsuntil last week. Democratic Senator Joseph Biden responded: "If that s true he has the most incompetent
staff in modern American history.
[106]
http://www.dollarcollapse.com/faq/default.asp? CATE=0#4
[107]
Williamson, John (1989). "What Washington Means by P olicy Reform", in Williamson, John (ed.): Latin American Readjustment: How Much has Happened.
Washington: Institute for International Economics.
[108]
Mason, Mike (1997). Development and Disorder: A History of the Third W orld since 1945. Hanover: University P ress of New England, 428. ISBN 0874518296.
[109]
See the book Death of American Empire by Muata Ashby
[110]Zbigniew Brzezinski, The Grand Chessboard: American P rimacy and Its Geostrategic Imperatives (New York: Basic Books, 1997), 24-25.
[111] Ibid., 212; cf. 35-36.
[112]
7/1/2008 - http://www.barackobama.com/issues/foreignpolicy/
[113]
http://www.primaryplace.org/node/394
[114]
Articles of Impeachment Against George W . Bush by Center for Constitutional Rights (Mar 1, 2006),
The Case for Impeachment: The Legal Argument for Removing President George W . Bush from Office by Dave Lindorff and Barbara Olshansky (May 2, 2006)
The Constitution in Crisis: The High Crimes of the Bush Administration and a Blueprint for Impeachment by John C. Conyers and Elizabeth Holtzman (April 2007)
Impeach the President: The Case Against Bush and Cheney by Dennis Loo, P eter P hillips, and Howard Zinn (Oct 1, 2006)
The Impeachment of George W . Bush: A Practical Guide for Concerned Citizens by Elizabeth Holtzman and Cynthia L. Cooper (Aug 22, 2006)
[115]
Headlines for June 12, 2008,
http://www.democracynow.org/2008/6/12/headlines#8
[116]
see the book Death of American Empire by Muata Ashby, 2006
[117] Democracy Now.org Fmr. GOP Strategist Kevin P hillips on American Theocracy: The P eril and P olitics of Radical Religion, Oil, and Borrowed Money in the 21st
Century 3-21-06
[118]
ibid
[119]
Ancient Egyptian word for Karma, one s fate due to one s actions, thoughts and feelings of the past
[120]
http://www.solarcookers.org/basics/how.html
http://www.sunoven.com/usa.asp
[121]
http://www.compactappliance.com
[122]
http://en.wikipedia.org/wiki/Iranian_Oil_Bourse
[123]
March 12, 2008 Headlines for March 12, 2008, http://www.democracynow.org/2008/3/12/headlines#1
[124]
June 23, 2008
http://www.democracynow.org/2008/6/23/is_israel_preparing_to_bomb_iran
[125]
http://www.telegraph.co.uk/money/main.jhtml? xml=/money/2008/06/18/cnrbs118.xml
[126]
http://www.democracynow.org/2008/6/30/hersh_congress_agreed_to_bush_request
[127]
http://www.democracynow.org/2008/6/30/headlines#2
[128]
http://www.democracynow.org/2008/3/6/headlines#14
[129]
http://www.democracynow.org/2008/6/13/headlines#6
[130]
http://www.democracynow.org/2008/6/27/as_oil_hits_another_record_high
[131]
http://money.cnn.com/2008/06/30/markets/markets_newyork/index.htm? cnn=yes
[132]
http://www.usatoday.com/money/economy/housing/2008-04-15-foreclosure-filings-march_N.htm
[133]
Continuity of government (COG ) is the principle of establishing defined procedures that allow a government to continue its essential operations in case of nuclear
war or other catastrophic event.
[134]
The National Security and Homeland Security Presidential Directive (National Security P residential Directive NSP D-51/Homeland Security P residential Directive
HSP D-20, sometimes called simply "Executive Directive 51" for short), signed by United States P resident George W. Bush on May 4, 2007, is a P residential Directive which
specifies the procedures for continuity of the federal government in the event of a "catastrophic emergency". Such an emergency is construed as "any incident, regardless of
location, that results in extraordinary levels of mass casualties, damage, or disruption severely affecting the U.S. population, infrastructure, environment, economy, or government
functions." [HSU, S. S. (2007) Bush Changes Continuity P lan: Administration, Not DHS, Would Run Shadow Government. Washington P ost. Washington.] The unclassified
portion of the directive was posted on the White House website on May 9, 2007, without any further announcement or press briefings, [White House Revises P ost-Disaster
P rotocol - CommonDreams.org] although Special Assistant to George W. Bush Gordon Johndroe answered several questions on the matter when asked about it by members of
the press in early June 2007. [White House Revises P ost-Disaster P rotocol - CommonDreams.org]
[135]
Published on Tuesday, April 18, 2006 by The Progressive
Halliburton's Immigrant Detention Centers by Ruth Connif
While thousands of people were celebrating the contribution America's undocumented immigrants make to our economy, and demanding justice and recognition for workers
who are denied basic rights, the government was making plans for large-scale detention centers in case of an "emergency influx" of immigrants. KBR, the Halliburton subsidiary
recently reprimanded for gross overcharging in its military contracts in Iraq, won a $385 million contract to build the centers. According to the Halliburton website --
www.Halliburton.com -- "the contract, which is effective immediately, provides for establishing temporary detention and processing capabilities to augment existing ICE
Detention and Removal Operations P rogram facilities in the event of an emergency influx of immigrants into the U.S., or to support the rapid development of new programs."
[136]
Democracynow.org Headlines for September 22, 2008
Army Unit to Deploy in October for Domestic Operations
Beginning in October, the Army plans to station an active unit inside the United States for the first time to serve as an on-call federal response in times of emergency. The 3rd
Infantry Division s 1st Brigade Combat Team has spent thirty-five of the last sixty months in Iraq, but now the unit is training for domestic operations. The unit will soon be
under the day-to-day control of US Army North, the Army service component of Northern Command. The Army Times reports this new mission marks the first time an active unit
has been given a dedicated assignment to Northern Command. The paper says the Army unit may be called upon to help with civil unrest and crowd control. The soldiers are
learning to use so-called nonlethal weapons designed to subdue unruly or dangerous individuals and crowds.
[137]
Posse comitatus refers to a Federal statute that forbids the use of the military (army/armed forces) of the United States for law enforcement (posse comitatus) purposes.
[138]
socialism. (n.d.). Dictionary.com Unabridged ( v 1.1). Retrieved October 24, 2008, from Dictionary.com website: http://dictionary.reference.com/browse/socialism
[139]
advocated rational individualism and laissez-faire capitalism, categorically rejecting socialism, altruism, and religion.
[140]
Bloomberg News - Greenspan Concedes to `Flaw' in His Market Ideology
[141]
Greenspan s Mea Culpa (New York Times)

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