Creature From Jekyll Island by G. Edward

There is little doubt that the master planners would prefer to follow the more tranquil route. Patient gradualism is less risky. But not everything is within their control. Events can get out of hand, and powerful economic forces can become suddenly unleashed.

Banking crises can occur even without being deliberately caused.

On the other hand, the Cabal also knows that crises are useful in driving the masses into the corral faster than they would otherwise move. Therefore, the application of some kind of scientifically engineered crisis cannot be ruled out. It could take many forms: Ethnic violence, terrorism, plague, even war itself. But none of that makes any difference. It will not alter our direction of travel through time. It will only determine our specific route. Like a flowing river, it may be diverted this way or that by natural barriers or even by man-made channels, dikes, and dams, but it eventually will reach the sea. Our concluding reflection, therefore, is that it is relatively unimportant whether there will be a banking crisis or any other cataclysmic event. These are all secondary assumptions which are meaningless. Our only real hope for averting the new feudalism of the future is to change the Primary assumption. We must change it to read: Present Trends Reversed.

SUMMARY

A pessimistic scenario of future events includes a banking crisis, followed by a government bailout and the eventual nationalization of all banks. The final cost is staggering and is paid with money created by the Federal Reserve. It is passed on to the public in the form of inflation.

Further inflation is caused by the continual expansion of welfare programs, socialized medicine, entitlement programs, and interest on the national debt. The dollar is finally abandoned as the defacto currency of the world. Trillions of dollars are sent back to the United States by foreign investors to be converted as quickly as possible into tangible assets. That causes even greater inflation than before. So massive is the inflationary pressure that industry and commerce come to a halt. Barter becomes the means of exchange.

America takes her place among the depressed nations of South America, Africa, and Asia—mired together in economic equality.

Politicians seize upon the opportunity and offer bold reforms The reforms are more of exactly what created the problem in the first place: expanded governmental power, new regulatory agen-A PESSIMISTIC SCENARIO

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cies, and more restrictions on freedom. But this time, the programs begin to take on an international flavor. The American dollar is replaced by a new UN money, and the Federal Reserve System becomes a branch operation of the IMF/World Bank.

Electronic transfers gradually replace cash and checking accounts. This permits UN agencies to monitor the financial activities of every person. A machine-readable ID card is used for that purpose. If an individual is red flagged by any government agency, the card does not clear, and he is cut off from all economic transactions and travel. It is the ultimate control.

Increasing violence in the streets from revolutionary movements and ethnic clashes provide an excuse for martial law. The public is happy to see UN soldiers checking ID cards. The police-state arrives in the name of public safety.

Eventually all private dwellings are taken over by the government as a result of bailing out the home-mortgage industry. Rental property is also taken, as former landlords are unable to pay property taxes. People are allowed to live in these dwellings at reasonable cost, or no cost at all. It gradually becomes clear, however, that the government is now the owner of all homes and apartments. People are living in them only at the pleasure of the government. They can be reassigned at any time.

Wages and prices are controlled. Dissidents are placed into work armies. There are no more autos except for the ruling elite.

Public transportation is provided for the masses, and those with limited skills live in government housing within walking distance of their assigned jobs. Men have been reduced to the level of serfs who are subservient to their masters. Their condition of life can only be described as high-tech feudalism.