Greenspan's Golden Testimony
Alan Greenspan testified before the Angelides Commission about the causes of the financial crisis. Even though he was under oath I'm sure that the Commission had been coached with their script to ask those softball questions that Greenspan can babble for hours about. Congressmen make lousy actors.
...but what if someone else got to ask the questions? And what if Greenspan actually told THE REAL TRUTH this time? The truth that only a few people in the world know!
The following is a sworn testimony from Alan Greenspan that won't take place in front of the committee but it may in the very near future. Greenspan will be questioned by a character in this saga he knows well...ROOTA...so any attempt at fabricating or twisting the truth will be squashed. ROOTA knows all.
AND NOW THE SWORN TRUTH FROM THE MAESTRO...
CHAIRMAN: Dr. Greenspan, please raise your right hand. Do you promise to tell the truth, the whole truth and nothing but the truth so help you God?
GREENSPAN: I do.
COMMISSIONER ROOTA: Thank you for testifying. It will be nice to hear the truth come from your lips after all these years, and I'm sure you feel relieved that you will finally be able to speak freely.
GREENSPAN: I have very much looked forward to this.
COMMISSIONER ROOTA: I'm going to get right to the guts of this hearing if you don't mind. Throughout the first part of your life you were the most avid gold bug on the planet but in the early 70's you sold out to the banking cabal and became gold's biggest enemy...why did you do it?
GREENSPAN: I didn't. I have always been a die hard advocate of using gold as money and I continue to be so today.
COMMISSIONER ROOTA: But you worked for the evil Federal Reserve Bank. You were the king of fiat money which is the opposite of gold...the only real money.
GREENSPAN: Yes. I did work for the Federal Reserve bank but only at the calling of my country. You see, back in the 1960's and 1970's the United States of America was in the throws of a secret take over by a cabal of banking and industrial interests...and they were winning the battle. I was tasked with taking back the monetary system of our nation.
COMMISSIONER ROOTA: That's about as far fetched a claim as I have ever heard.
GREENSPAN: Is it really? Ask yourself a question: Who is the person most responsible for the crisis we are in today? If you are thinking it's me... YOU ARE RIGHT! And what do you think will be the final outcome of the monetary crisis? I'll tell you what the outcome is...the total destruction of all debt based monetary assets. Everyone will lose everything held by a 3rd party in a blink of an eye and we will return to our Constitutional Gold Standard. How's that for a gold bug!
COMMISSIONER ROOTA: What?! You think this is a good thing?
GREENSPAN: Remember where we started. Our country was on the brink of losing everything to the "Bad Guys". They had just taken down Kennedy, they had control of the media, the military, the intelligence agencies and they had control of the gold and silver. Everyone was scared to death of the Bad Guys then I came along with a plan to better the world at the same time as I took down the Bad Guys.
COMMISSIONER ROOTA: What plan was this?
GREENSPAN: It was based off two Nobel Prize winning economic theories developed in the 1960's called "The Golden Rule" theory and "On The Road to The Golden Age" theory which basically said that the best way to return to the gold standard was to squeeze out all the benefits of a fiat money system while people still accepted it.
The way I got involved was that I devised a way to control the prices of commodities by using computer trading programs that I wrote in the 1960's. Yep, I was the biggest computer geek in the world before computer geeks turned cool. That was my plan. Use my computer programs to rig the markets far longer than anyone thought possible controlling the prices of almost everything to disguise the fact that we were running the printing presses at full speed the whole time.
My childhood friend John Kemeny, the inventor of the computer language BASIC, helped me write the early programs. My mentor and friend, the ex Fed Chairman Arthur Burns, saw the potential of my plan and helped get me get appointed as the head of the Council of Economic Advisers for President Ford.
COMMISSIONER ROOTA: But wait. Aren't we worse off today than we've ever been? Just look around you...everything is falling apart!
GREENSPAN: Well, that's true but that was always the end game. We'd abuse the currency, run up massive debt, get the whole world to buy into the concept of "free money" and then pull the plug on it all making people face the hard, cold reality that there is no free lunch.
COMMISSIONER ROOTA: So you are saying we can't have a stable unbacked fiat monetary system?
GREENSPAN: Without total control of commodity prices all unbacked fiat currencies will fail. A Gold based monetary system, out of the control of man, has always been the answer in an open and free market. History has shown that when human beings control the supply of money they always destroy it's value. Without exception. It is the ultimate power over the People...How fast we forgot that famous quote from the dark lord who attacked our young nation:
"Let me issue and control a nation's money and I care not who writes its laws." - Mayer Amschel Rothschild
COMMISSIONER ROOTA: So we are at that point where we pull the plug on the unbacked fiat money system? Is this what you had planned all along?
GREENSPAN: Well, it didn't go exactly as planned. Things got sticky when President Reagan left office. The Bad Guys run by Bush Sr. were given full control of the market rigging operations and we all had to go into hiding. Clinton, Bush II and Obama were all controlled by the same powerful demons that stole my rigging programs. Luckily, I figured out a way to gain control back. I just had to give them plenty of rope to hang themselves by their own greed...hence the deregulation of derivatives and removal of almost all regulatory control.
COMMISSIONER ROOTA: So you did it all on purpose knowing the Bad Guys would indulge to the point where it all collapsed?
GREENSPAN: Yep, and I almost got them in 2008 but they were able to delay their final destruction but we are now at the point Humpty Dumpty sings "Ashes to Ashes we all fall down!" This will end the 100 year battle at last.
COMMISSIONER ROOTA: I can't see the Bad Guys losing anything. They never lose.
GREENSPAN: THEY ALREADY HAVE! Can't you see it? The derivative bubble has blown and the losses are floating around in the back rooms and attics hidden by shady accounting. What will transpire is the same thing that has happened to over 2,000 unbacked fiat currencies in our past...they will implode. This does not only include paper money but EVERYTHING WE THINK HAS VALUE BUT ACTUALLY IS NOT REAL. Everything means checking, savings, 401k's, IRA's, Gov't Bonds, money market funds, stocks, bonds, pensions...EVERYTHING MADE OF DEBT BASED PAPER OR EVEN ELECTRONIC BITS!
COMMISSIONER ROOTA: And you think this is a good thing?
GREENSPAN: You tell me. Look around at what is killing our countries, our citizens, our businesses...IT'S DEBT! Fiat Debt created out of thin air by the banking cabal for so long that we don't remember what it's like to have money that has intrinsic value...THAT IS NOT SOMEBODY'S DEBT BUT YOUR ASSET!
The coming crash will not only erase all paper/electronic wealth but it will also erase all debt. Voila...no more problems!
COMMISSIONER ROOTA: But where does that leave us...we'll have nothing!
GREENSPAN: Aaah... but that's where you are blinded by years of fiat monetary abuse. Wealth is all around us. It is in the soil of our bountiful country, it is in the work ethic of our strong people, it is in the brilliance of our esteemed professors and it is in the wonderful spirit of the human soul. We are a wealthy nation it's just that the wealth has been stolen by the few at the expense of the many. Once fiat wealth disappears it will correct that great wrong of disproportionate wealth distribution.
COMMISSIONER ROOTA: But we'll still have no money. Are you suggesting we re-allocate money to everyone in the country? How is that possible?
GREENSPAN: I have already thought of that. We are going to need to start again with a new money. We will allocate the new money by how much you have invested into the system up to this point. Your hard work has been carefully tracked over the years through your SOCIAL SECURITY TAXES! And you thought those measly Social Security payments wouldn't matter. It was always the plan to reallocate through what you've paid into social security. That solution will also fix one of my first challenges when I began this journey back in the early 1970's...to FIX Social Security! TAA-DAA...fixed!
COMMISSIONER ROOTA: Is that why Social Security taxes are so low for the rich? So there won't be any more ultra rich folks after the crash?
GREENSPAN: Yes. It's time to start fresh. We will begin with a nation full of rich people because no one will have too much and no one will have too little...at least to start with. The free markets will take over in time and those who are smarter, faster, better than others will surely begin to accumulate more of the wealth over time. It is the nature of Liberty.
COMMISSIONER ROOTA: I am truly blown away and yet it really makes me feel like there might be a way out of our mess! How can I be sure this is the TRUTH as you claim.
GREENSPAN: You will see in time. But if you want some hints into the reality of what is going on follow the folks over at GATA. They are on the front lines of the gold wars and they are working with us.
COMMISSIONER ROOTA: I LOVE GATA! But why should I believe that YOU were on our side all along?
GREENSPAN: Well, I guess it won't hurt to let you peak behind the curtain a bit. Follow this link and read what has been discovered so far:
It's the story of you Roota! I hope I did you proud and in the end you can forgive me for lying to you all these years.
COMMISSIONER ROOTA: I hope so too, Alan. I hope so too.
Follow all the dialog as the battle rages down the "Road to Roota" or the "Road to the Golden Age" at www.roadtoroota.com
May the Road you choose be the Right Road!