Is Gold Money? Alan Greenspan Gives SHOCKING Interview at CFR

For some reason, the Council of Foreign Relations, where ex-Fed-Chief Alan Greenspan spoke last week, decided the following discussion should be left out of the official transcript. We can perhaps understand why... as Gillian Tett concludes, "comments like that will be turning you into a rock star amongst the gold bug community."



TETT: Do you think that gold is currently a good investment?
GREENSPAN: Yes... Remember what we're looking at. Gold is a currency. It is still, by all evidence, a premier currency. No fiat currency, including the dollar, can macth it.

Which is missing from the official CFR transcript...

GREENSPAN: ...remember, we had that first tapering discussion, we got a very strong market response. And then we reassured everybody to have no -- remember, tapering is still (audio gap) of an agreement that the central banks have made -- European central banks, I believe -- about allocating their gold sales which occurred when gold prices were falling down (audio gap) has been renewed this year with a statement that gold serves a very important place in monetary reserves.

And the question is, why do central banks put money into an asset which has no rate of return, but cost of storage and insurance and everything else like that, why are they doing that? If you look at the data with a very few exceptions, all of the developed countries have gold reserves. Why?

TETT: I imagine right now, it's because of a question mark hanging over the value of fiat currency, the credibility going forward.

GREENSPAN: Well, that's what I'm getting at. Every time you get some really serious questions, the 50 percent of the gold price determination begins to move.

TETT: Right.

GREENSPAN: And I think it is fascinating and -- I don't know, is Benn Steil in the audience?

TETT: Yes.

GREENSPAN: There he is, OK. Before you read my book, go read Benn's book. The reason is, you'll find it fascinating on exactly this issue, because here you have the ultimate test at the Mount Washington Hotel in 1944 of the real intellectual debate between the -- those who wanted to an international fiat currency which was embodied in John Maynard Keynes' construct of a banker, and he was there in 1944, holding forth with all of his prestige, but couldn't counter the fact that the United States dollar was convertible into gold and that was the major draw. Everyone wanted America's gold. And I think that Benn really described that in extraordinarily useful terms, as far as I can see. Anyway, thank you.

TETT: Right. Well, I'm sure with comments like that, that will be turning you into a rock star amongst the gold bug community.

*  *  *
As a reminder, here is Ben Bernanke putting people straight on Gold...


As we noted at the time,

Ron Paul asks the Bernanke if he thought gold was money. Bernanke almost swallows his tongue, stares blankly for a few seconds and then says, “no.”

Paul then asks why banks hold gold on their balance sheet?  Why not diamonds?  Bernanke says, “tradition, I suppose.” 

So let me get this straight, banks hold billions of dollars of an asset that pays no interest or dividends on their balance sheet for reasons of "tradition".  nothing to do with anything else, just tradition.  uh, yea.  That must be it.

Truth is a Lonely Warrior - On the Shadow Government of the USA #CFR

There are 6000 think tanks in the world working to turn public policymakers into corporate pawns.
— Anti-Think Tanks (@AntiThinkTanks) September 15, 2014

In his groundbreaking (and bestselling) 1988 book, The Shadows of Power, author and researcher James Perloff meticulously documents the origins, aims and influence of The Council on Foreign Relations and its members. Today Perloff joins us to discuss the CFR, its acknowledged goal of preparing the American public for a new world order, and how it is working to accomplish that goal through the control of America’s foreign policy apparatus.

SHOW NOTES JamesPerloff.com The Shadows of Power (information) The Shadows of Power (purchase) The Shadows of Power (presentation) Truth Is A Lonely Warrior

James Perloff, author of "The Shadows of Power", "Tornado Through A Junkyard, "The Case Against Darwin", outlines his new E-Book "Truth Is A Lonely Warrior" on America's Future Cable TV. Meldrim Thomson, Jr. Governor of New Hampshire (1973-1979) said: "If we want to avoid the disaster of one-world-government, if we wish to preserve our priceless national sovereignty and live through all time as free men, then it is imperative that the American people read The Shadows of Power."

The Insiders 1979 Trilateral Commission, Council on Foreign Relations

Hillary Clinton Admits that the CFR runs Foreign Policy

Is "Six-Californias" a Skull and Bones, United Nations, or Council on Foreign Relations Plan?

Let's look at the article in Time magazine about Tim Draper's proposal to break up California:

This week, the California Secretary of State’s office gave initial approval to a proposal that would split the Golden State into six new ones: Jefferson, North California, Silicon Valley, Central California, West California and South California. If proponents can gather 807,000 signatures by July 14, the question will go to voters in November.

The man behind the “Six Californias” plan is big-name venture capitalist Tim Draper, known for investment in companies like Hotmail and Skype. TIME (virtually a Council on Foreign Relations publication) spoke to Draper about where this idea came from, how he decided on six states and whether there are any political ambitions behind his novel effort. Here’s an edited transcript of the interview:

          Where did this idea come from?

We now spend the most and get the least. We spend among the most for education and we’re 46th in education. We spend among the most for prisons, and we are among the highest recidivism rates … So the status quo is failing. And there have been some very good people running California, governing California. So it must be systemic. At best, the system seems to be on a spiral down. At worst it’s a monopoly, and in a monopoly, they can charge whatever they want and provide whatever service they want. In a competitive environment, people get good service and they pay fair prices.

You mentioned all these various desires of people in different areas. Have you spoken to people in each of these six regions who support this plan? 

Yeah. I get a ton of emails of support. People are supporting this all over … What I’ve noticed is that at first, people hear it and they go, ‘Why would you do this? This is California. This is America.’ And then I say, ‘This is exactly why I do this. Because I love California, and I love America.’ We are the government. We the people, are the government. And we need to create a system that works.

Well, that didn't answer the question at all.  Where did the idea really come from?

According to Wikipedia, Tim Draper is son of William Henry Draper III, Draper was born in White Plains, New York, the son of Katherine Louise (née Baum) and banker and diplomat William Henry Draper, Jr.^[1] He attended Yale University with George H. W. Bush, graduated in 1950, the year after George H. W. Bush and is a member of the secret society Skull and Bones.

It goes on to say that in 1959, Draper left Chicago to work as an associate at his father's newly formed firm, Draper, Gaither & Anderson, the first venture capital company on the West Coast.  In 1965, Draper founded Sutter Hill Ventures, which to this day remains one of the top venture capital firms in the country. During his twenty years as the senior partner of Sutter Hill, Draper helped to organize and finance several hundred high technology manufacturing companies. In 1986, he became the head of the world's largest source of multilateral development grant assistance, the United Nations Development Programme, and was instrumental in leadership of several global initiatives, such as the international Education for All movement (beginning formally with the 1990 Conference in Jomtien, Thailand), the 1995 Beijing Women's' Conference, and the 1995 Social Summit in Copenhagen, Denmark.

Draper has played an international leadership role in expanding the world economy (aka a Globalist). He served from 1981 to 1986 as President and Chairman of the Export-Import Bank of the United States and was appointed to this position by President Ronald Reagan. In this post, Draper assumed a leadership role in U.S. efforts to sustain world trade in the face of major liquidity problems among the developing countries.

In 1986, he became the head of the world's largest source of multilateral development grant assistance, the United Nations Development Programme (#UNAgenda21). As the second highest ranking individual in the United Nations, Draper oversaw nearly 10,000 international aid projects. During his time at the UN and the Export-Import Bank, Draper traveled to 101 developing countries and met with over 50 heads of state.^{[citation needed]}As a civic leader, Draper has been involved in many community service programs. He is currently on the boards of the Atlantic Council, The Draper Richards Foundation, Hoover Institution, Freeman Spogli Institute of International Studies at Stanford University, World Affairs Council of Northern California, the United Nations Association of the United States of America and the Harvard Business School California Research Center Advisory Board. He is a member of the Council on Foreign Relations and the President’s Council on International Activities at Yale University (#SkullandBones).Draper formerly served as the Chairman of the World Affairs Council of Northern California, Chairman of the Institute of International Education, as a Trustee of Yale University and as Chairman of the Board of the American Conservatory Theater in San Francisco; he was a former Board member of Population Action International, George Bush Library Foundation, the Advisory Council of the Stanford Graduate School of Business, and the World Rehabilitation Fund in New York.

So you see the current state government as a monopoly?Yeah. … The strongest argument for Six Californias is that we are not well-represented. The people down south are very concerned with things like immigration law and the people way up north are frustrated by taxation without representation. And the people in coastal California are frustrated because of water rights. And the people in Silicon Valley are frustrated because the government doesn’t keep up with technology. And in Los Angeles, their issues revolve around copyright law. Each region has its own interest, and I think California is ungovernable because they can’t balance all those interests. I’m looking at Six Californias as a way of giving California a refresh and allowing those states to both cooperate and compete with each other.
...

...How would you like to see things done differently in Silicon Valley, if it had its own government?The issues of Silicon Valley are things like when Napster came out. No one knew how the law should be handled. It was a new technology. And no one quite knew whether it had some violation of copyright or not … And the people who were making those decisions were very distant, and not familiar with what Napster was. Now we have Bitcoin. We have very uncertain laws around Bitcoin. I believe if there were a government closer to Silicon Valley, it would be more in touch with those technologies and the need for making appropriate laws around them. Silicon Valley is seeing great frustration. They see how creative and efficient and exciting life can be in a place where innovation thrives, and then they see a government that is a little lost.
In the state’s legislative analysis, they pointed out that Silicon Valley would become the richest per capita state in the U.S. And another part of California would become the poorest. What about the issue of income inequality this would create among states?The issue is very interesting. For one thing, I’ve noticed that the people most adamant about creating their own state or being a part of their own state are the poorest regions, and in the current system, they are not happy, because it is not working for them. So if they had their own state, I believe all of those states would become wealthier. And I believe by managing their own state, they will become much more successful. A lot of those regions are rural, and they feel they’re being unduly influenced by the urban population.
When you say “we,” who worked on the proposal?I’ve worked with quite a few of these biggest experts in the world in constitutional law, in political thinking, in demographics, in water rights. It’s come after a lot of research and a lot of work.
Can you give an example of someone you’ve worked with?I’ll let them talk for themselves. My goal is to get this put on the ballot and then allow Californians to see what it could do for them.

See, he doesn't answer the question.  If you read any of the articles on the Bay Area Merger, you would learn about others involved in this proposal.  See "Is the Bay Area Merger part of  United Nations Agenda 21?"  Specifically, you learn of the public-private partnerships such as the Joint Venture Silicon Valley.

...Do you have any ambitions to run for elected office, if this proposal becomes a reality or otherwise?Oh, no. Oh, no. I’d let all the states run themselves.
So no plans to be part of the future Silicon Valley state’s government?No, no, no. I just want a good a place to live.

Right.  No official position.  Just operating behind the scenes to be sure he gets what he wants.

This is not a good plan for California!

Read more: Tim Draper on Splitting California Into 6 States | TIME.com 

More on others perspective on the Six-Californias plan

California Breaking Up Into 6 States? - Global Economic Reset Happening

More on the Council on Foreign Relations

Free Trade Liberals and the Globalist New World Order EXPOSED
Invisible Empire A New World Order Defined
Rule from the Shadows - The Psychology of Power
The Shadows of Power: The Council on Foreign Relations and the American Decline | James Perloff
The Root of Many Evils is Not Money; It is the Council on Foreign Relations
How is the Council on Foreign Relations Involved in G8, G20, and Bilderberg Meetings?
Paul Craig Roberts on the New World Order and the Invisible Empire

More on Agenda 21

AGENDA 21, The United Nations Plan for Global Control
WHO FUNDS UN #AGENDA21/ SUSTAINABLE DEVELOPMENT?
How YOUR community is implementing AGENDA 21, The United Nations Plan for Global Control 
How Liberty-Minded Individuals Can Fight UN

Various

Tim Draper's Grandfather Was on the United Nations Population Commission
Atlantic Council Speech: An “extraordinary crisis” is needed to preserve the “new world order,”

Terrorism Will Shape the North American Union #Agenda21 #UN #WB #NWO

#BundyRanch is preview of #Agenda21 and Club of Rome plans for "sustainable growth" through depopulation and... http://t.co/5r2m7PxPAk
— Conservative Freaks (@Freak1791) April 12, 2014

Building a North American Community

Report of the Independent Task Force on the Future of North America 

What follows is a brief summary of the report. Note the involvement of the Council on Foreign Relations in the development of this report and its policy "recommendations". For further background information about the CFR and its role in establishing the one world system, see our Shadow Government section. Scroll down to the bottom of this page for the complete report, which follows the summary. The report is in portable document format (pdf) and must be read with Adobe Acrobat Reader.

Report originally located at
http://www.usembassycanada.gov/content/can_usa/northamericancommunity_TF_final.pdf

Special thanks to Connie Fogal of the Canadian Action Party, who wrote the summary below and to Wanda Benton of the PRC-Digest for calling it to our attention.


Summary:

The North American continent is being transformed from three sovereign nations (Canada, USA, Mexico) into one regional corporate power base, the North American Union.

Unlike the creation of the European Union, there is no public political/ academic discourse on the merits, or pros and cons of a North American Union building up to a vote within each nation as to the wish of the people to join such a union. Instead the union is being created by stealth, is already well on its way to fruition, and is being imposed on us by our own "elected" representatives and government with no opposition.

The ultimate enforcement mechanism for the North American Union is a police state. The tools for the police state are "anti-terrorist" laws. Anti Terrorist laws are a ruse to strip the people of their liberties in order to prevent dissent. The Orwellian justification is "security", "safety".

The plan of this Canada-U.S.-Mexico task force is to establish a continent-wide customs union with a common approach to trade, energy, immigration, law enforcement and security that would virtually eliminate existing national borders. The task force released its recommendations for a common North American in May 17/18, 2005.There was minor reference to it in mainstream media - no headline presentation.

The recommendations include:

• a common security perimeter by 2010
• a North American Border Pass with biometric identifiers.
• a unified border and expanded customs facilities
• a single economic space
• a common external tariff.
• seamless movement of goods within North America.
• A North American energy strategy -as a regional alternative to Kyoto.
• Review those sectors of NAFTA that were excluded.
• A North American regulatory plan that would include "open skies and open roads" and a unified approach on food, health, and the environment.
• Expand temporary worker programs and create a "North American preference" for immigration for citizens of North America.
• A North American Investment Fund to build infrastructure to connect Mexico's poorer regions in the south to the market to the north.
• Restructure and reform Mexico's public finances.
• Fully develop Mexican energy resources (Mexico wisely kept their energy out of NAFTA)
• A permanent tribunal for trade and investment disputes.( Here is where any vestige of democratic government disappears)
• An annual North American summit meeting.
• A Tri-national Competition Commission with a common approach to trade remedies.
• Scholarships for a network of Centers for North American Studies. (To serve the corporations)
• Below is the list of the Members of the Independent Task Force on North America- Many are members of the Trilateral Commission - a similar corporate interest group from the USA, Japan and Western Europe )

FULL REPORT:


BUILDING A NORTH AMERICAN COMMUNITY
REPORT OF THE INDEPENDENT TASK FORCE
ON THE FUTURE OF NORTH AMERICA

Related Links:

• Security and Prosperity Partnership of North America
• Canada - United States Defence Relations
• Backgrounder: Enhanced Canada-U.S. Defence Cooperation and the Bi-National Planning Group
• A Strategy for our North American Partnership

For More on the NSA Surveillance State, Look Beyond the Propaganda of the Council on Foreign Relations

If it is not already, it should be fairly obvious that ABC News is cow towing to the Council on Foreign Relations and propagandizing the image of Snowden as an enemy of the State.  That same State, the U.S Federal government is tracking every move we all make and recording every piece of communication we have.

US News | Weird News | More ABC News Videos

For an opinion outside the Establishment, outside the grasp of the CFR, go beyond Snowden and look at the Russ Tice interview on Corbett Report.

NSA whistleblower Russ Tice joins us for an eyeopening hour-long interview on the real extent of the NSA spying scandal. Beyond PRISM and beyond metadata, we explore the facts of NSA spying: that every electronic communication is being copied and stored by the US government. We talk about the political implications of this information, including the almost limitless power for blackmailing that this power gives those in charge of the wiretapping. Tice also names names on who has been targeted by these wiretaps. Please also see the recent BoilingFrogsPost interview with Tice on this same subject.