Letter of the Month

Date: Mon, 1 Dec 1997 16:54:13 -0800

Subject: Undermining U.S. currency by the High Cabal; the final "Front of the Cold War"

From: (Gregory Burnham)

Hello Colonel Prouty,

Approximately 20 years ago, while still in my twenties, I was dismissed rather aloofly as being "out of my depth" regarding what I saw as dangerous developments with regard to the history of currency, and ultimately the future of currency if the pattern continued. It has continued.

Would you care to comment on my scenario? Albeit rudimentary, perhaps it has some merit.

The founder of Sony Corporation, Akio Morita, a man I highly respect, commented that following the defeat of Japan he made severaltrips to America. He was apparently in awe that the U.S., a country less than 200 years old, should be capable of the kind of production (rooted

in the military/industrial and oil complex) that defeated his country and was the driving force behind the defeat of Germany, as well. He noticed upon his arrival, and much to his dismay, that nearly everything that was chintzy, cheap, tinny, and easily broken, seemed to be labeled: "Made in Japan" in retail outlets across America. He went home determined to change that image. Hence, the Sony Corporation, which has since evolved from its humble beginnings as a manufacturer of stereo and T.V. products, to a recognized leader in that industry, and has successfully purchased C.B.S. Recording Company, among other highly significant ventures, was born.

Like Japan, the countries directly aided by our entering the war and those directly or indirectly defeated by our entering the war, have many things in common. These countries were committed, their people patriotic, their military personnel dedicated professionals, and their resolve was firm, by our standards as well as their own. Their culture was time tested, their warring methods were analytical, well planned and well implemented, but ultimately, both our allies and our enemies were failing prior to our entry into the war.

Although most Americans did not see Germany or Japan as a threat to our form of government, the casual isolationist certainly would have recognized the threat that the aggressors posed to a nice European vacation, if nothing else. It was important to the average American to be victorious in that war. So, we were definitely at the fulcrum of the affair and at the epi-center of the victory. In order to complete our victory, however, the U.S. had to effectively achieve a feat that the world could barely comprehend at the time. So we set out, armed only with pen in hand (backed by nuclear ink), to overthrow the Gold Standard.

"Wait, hold on a minute! Wasn't that already done when FDR bailed/hocked us out of the depression," you say?

The answer is both yes and no. The "New Deal" was the "First Mortgage" on a loan never intended to be repaid by the borrowers. A Silver Certificate is an I.O.U., as legal tender it can be "cashed in" (no pun intended) for silver. A Federal Reserve Note, on the other hand, is also legal tender. It too is an I.O.U. However, this I..O.U. can only be "cashed in" (pun intended) for another I.O.U. - and you and you and you and you, and your Big Brother, ad naseum. And so, the age of: "A nation, economically standing on its own two stilts, was born."

The collateral securing the deal was the promise that there would in

fact, be a future. Uncle Sam would see to that through the blood, sweat and tears of a generation of baby-boomers who did not yet exist! When this generation of Americans came of age, they would represent the largest "working force" group of citizens in our history. In the mean time, while we waited for this generation to grow up we needed something to keep us going. The powers that be were unable to motivate average Americans by offering positive hope, since that ideal was splattered across Dealey Plaza, crushed in Memphis, Tennessee, and finally pre-empted at the Ambassador Hotel. Nor could they motivate citizens through creating a credible negative threat behind which to rally the American people. Even before Vietnam and Watergate were being exposed, or the "Iran may take hostages, but they can't nuke us" mentality set in, we were subjected to cleverly disguised propaganda campaigns like the cartoon show, "Rocky & Bullwinkle" with Boris and Natasha, or the satirical "Get Smart" portraying the CIA and KGB as U.S. Control versus Soviet Chaos.

Ultimately, the only war, vague enough to bear scrutiny, cryptic enough to be arbitrarily defined, and non-threatening (cold) enough to prevent panic, was escalated. Indeed, the ability to wage war defines a government's authority over its people. The scope of that authority is not measured by the actual "tempeature" of the war zone. Instead, the perceived potential of mere tensions developing into a state where intentions are high enough to unleash a nation's war powers in earnest are created and promoted by the political "climate" of the day.

Cold wars are only cold in the middle. Through numerous pseudo wars America was kept mobilized without having to contend with the fear of total annhilation. The cold war was a war of economic attrition. Some would say therefore, "We've won it." My question in response is, "Who are we?"

The value of foreign currency, the Yen, the Deutchmark, the Pound, the Frank, is no longer relative to a STANDARD - its value is measured in relation to the U.S. Dollar. Not only has America been off the gold standard and on the Dollar standard, but so has the rest of the free world. After the end of WWII it was advantageous to us for our currency to be so strong - it represented the economic strength of the PEOPLE of the U.S. We were the largest creditor nation. We all know that has changed. Yet I didn't have concern that "The Japanese are buying up America," in the past panicked decade or two. I mean it's not like they can take California to Osaka when they go to visit the family. And referring to any nationality of people as "they" is offensive. The fact that we owe more than we are owed, in one school of thought, is a much better position to be in... especially if you don't plan on paying it back. Which brings me back to my original question: Is it just me or does it seem likely that there is a major push to undermine the confidence Americans have in currency? I feel like I need a co-signer when paying cash! I some times am penalized for paying with cash because it is not the "preferred method" of paying. When the stock market goes on the incredible ride we saw earlier this year and is not followed by a severe economic back lash, especially whithout any change in monetary policy by the FED, I see that as an Economic Coup' where the losses are spread far and wide, but generally not deep, and the Cabalists rake in currency the next day.

Do you think that we will have any paper currency by 2000a.d. - or are we being conditioned to lose confidence in it on the one hand and also conditioned by reward and lack of penalty to gain comfort in using "credits" on the other? If so, is it related to tracking, control, direct marketing, demographics, invasion of privacy - and last but not least - NSAM 11110?




Gregory Burnham


TO: Len Osanic FROM: Fletch Prouty

SUBJECT: Web Site Responses

I) Gregory Burnham Dec 1, l997 Dec 3, 1997


Few subjects over tine get as much attention as the definition of "Money" and your approach to it is interesting. Actually there are about as many attempts at the obfuscation of what money really is, as there are for the variety of uses which it can be put to.

I recall that during my WW II flying days, when we used to fly from Africa to Asia, we went by way of the southern coast of Arabia. About half way across there is a small, and interestingly developed sheikdom called Salala. The British had obtained the rights to build a runway there as a refueling point and safety landing ground.

For this "right" they agreed to pay the Sheik in "Money" which in that remote area consisted only of copies of an Eighteenth Century coin... the "Maria Theresa" silver dollar. All were dated 1780 and were the size and shape of all other silver-dollars by weight (same as in USA); but what was their value... especially out there on the barren shores of Arabia?

I obtained several of them for swapping an Arab a new pair of canvas work gloves (value unknown). A modest exchange to say the least. It was then that I learned that, when the British had produced enough of these coins, originally, to satisfy the Sheik's "rental" demand, the Sheik would not accept them.

The problem turned out to be that when he had obtained "His" originals with their lath century date, he believed them to be the only "Legal" coins and would not accept others with other dates in their place. It happens that mine are dated 1780, also, and that the "counterfeit" ones the British had made for the Sheik with other dates had to be recast, because they were l93O's and 1940's.

My coins are 1780. The "legal tender" coins in Salala were 1780, and the British had to continue to produce these otherwise normal silver dollars with this only lawful date as validation. To you and me they were perfectly produced "Silver Dollars", and with some frequency I used to find others in circulation in other countries throughout wartime Arabia, Africa and Asia... all dated 1780.

Think that over. Is that what creates the value of MONEY...a small chunk of silver with a fixed date?

b) During the Nineteen-sixties, I was the Manager of the ordinary commercial Branch Bank in the Pentagon. As a function of my transfer from a military career to a banker's role, I was sent to the American Bankers Association1 Graduate School of Banking at the University of Wisconsin. The end of my schooling there coincided with the emergence of the new "Currency"....the Credit card. (Arthur Burns, then head of the Federal Reserve did much lecturing there for us.)

As is supported by a photo on my CD-ROM, I was one of 15 bankers who, as a member of the Automation Planning and Technology Committee of the American Bankers Assn, traveled the country supporting conventions on the subject of the Credit Card (not yet in circulation then) and what computers would do for money and banking.

The theme was, that the Computer would permit the bank to give better service for its customers. In the process, the American Bankers Assn. ordained the Credit Card and new Money... whatever that was going to be.

c) There is no end to this subject; yet it remains one of the most interesting and misunderstood factors of human economic existence. I would like to recommend a few volumes that I believe provide an important base to the subject: a few of which may be considered to be controversial:

1) "The New Paigrave: MONEY" First American

Edition, 1989 by W.W.Norton & Co (Classic)


2) "The Secrets of the Federal Reserve" by my old friend, Eustace Mullins, Bankers Research

Inst. P.O. Box 1105, Staunton, VA 24401.

(Valuable research)


3) "Stored Labor: A New Theory of Money" by

Hugh A. Thomas. (No address) Superb!


Thomas, "There is but one hope for freedom. That hope lies with the possibility that some day people will learn the true meaning of money, that money is their lifeline to an existence above that of an animal, that money offers them the ability to deal with others through the medium of agreement rather than the medium of force and, that money is an extension of their lives, that they own their labor: MONEY. When these things are known by enough people they will cut off the hands of the state and reclaim their lives."


d) BURNHAM has introduced another interesting

subject with his statement:

"The founder of SONY Corporation, Akio Morita, a man I highly respect, commented that following the defeat of Japan he made several trips to America...

Upon return home he noted that "Cheap" things were labeled "Made in Japan" in stores in America.

"He went home determined to change that image. Hence, the SONY Corp, which has since evolved from its humble beginnings as a manufacturer of stereos and T.V. to be recognized a leader in that industry."

(That's not quite an accurate copy of Burnham's words; but I'll stop here for another purpose.)

It just happens that I was ordered to Tokyo during the early days of the Korean War period, and was assigned the job of "Military Manager of Tokyo International Airport" during the period of the U.S. military occupation of Japan. At that time it was the third busiest airport in the world, not only because of the Korean War activity; but because of just such business activity as Burnham describes on the part of Mr. Morita. Many other Japanese entrepreneurs were doing their best to revive from the losses and damage of WWII; but even more important was an another enormous business phenomenon.

I began to notice that day after day the few Japanese transport aircraft available, and countless large commercial aircraft from USA Charter Companies began to jam the parking ramp on Tokyo Airport. They were loaded with items from the States.

US money and manufactured material was flooding the place. Have you ever really thought why Mr. Morita, a fine Japanese businessman, would name his company SONY? That is not a Japanese word, nor is it a Japanese acronym.

The name SONY began to appear at the airport after the flood of post-war recovery money, and one of the meanings of those four letters is "STANDARD OIL OF NEW YORK". That has always been SONY or SOCONY. (The Standard Oil Company of New York)

THE ROCKEFELLERS had arrived to re-finance Japan.

What this meant was that during those "MacArthur" days Rockefeller money was flooding Japan; and money such as that (Yes, I'm using the term MONEY) kind of "money" began the amazing job of rebuilding Japan.


We should all note that these phenomena took place in what we called the Korean War and the Vietnam War eras. These conflicts carefully orchestrated and planned during the Cairo and Teheran Conference days in Nov/Dec 1944 had been ably designed to pour hundreds of billions of dollars/money into those activities. The Vietnam cost ran well over $500 billion... and this was not Maria Theresa "Dollars".


e) Your good letter has caused me to go back through some of my dog-earred records to rediscover and to confirm much of what you have written. It is my belief today that this High cabal is going to increase around the world rather than to have itself modified.


Thank you for your good letter,


L. Fletcher Prouty