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THE “GAIA PROGRAM”
WITH GOLD AS MONEY
After some 200 years of deliberate disparagement, gold is about to reassert itself as the only legitimate basis of money. All over the world the International Banking Cartel (IBC) experiment with baseless fiat paper money is being recognized as having failed, a situation even acknowledged recently by FED Chairman Alan Greenspan in his December 19, 2002 “opening remarks” given before the Economic Club of New York:
“Although the gold standard could hardly be portrayed as having produced a period of price tranquility, it was the case that the price level in 1929 was not much different, on net, from what it had been in 1800. But, in the two decades following the abandonment of the gold standard in 1933, the consumer price index in the United States nearly doubled. And, in the four decades after that, prices quintupled. Monetary policy, unleashed from the constraint of domestic gold convertibility, has allowed a persistent over issuance of money. As recently as a decade ago, central bankers, having witnessed more than a half-century of chronic inflation, appeared to confirm that a fiat currency was inherently subject to excess.”
No person on earth has been responsible for the issue of even one tenth the “fiat currency” as has Alan Greenspan in his 15 years as Chairman of the Federal Reserve System. It is difficult to imagine the magnitude of the impact that the above quoted statement will have on the monetary thinking all over the world in the near future.
REAL ASSET-BASED MONEY = SOVEREIGNTY
The return of “real” money, asset-based instead of debt-based, will weaken (and eventually eliminate) the strangle hold of the IBC on the nations and people and provide the opportunity for them to regain their sovereignty. This fact is the source of the constant, virulent attacks on the Global Alliance by the big banks. Gold limits the money, and far more important, the credit they can issue, thus limiting their profits. When combined with the elimination of their control of money’s mobility via the requirement for foreign exchange, their control of interest rate levels and the exchange rate of all currencies, that makes their future rather bleak. (We are taught that some nebulous “market” determines the relative value of currencies—no, those values are “fixed” in London, daily, like a lot of other commodities.)
No nation that has an IMF loan, along with its “conditionalities”, is a sovereign nation. When the people of a nation live in squalor and poverty because “there is not enough money”, 99% of the time it will be because of IMF limiting their money supply and forcing them to borrow offshore so that their lifeblood is drained from them. Except Malaysia, that is the condition of virtually all Asian, African, South American, and most European nations.
Virtually all of those nations would have the wherewithal to pay off the international banks, the IMF and World Bank and, debt free, live long and prosper. Their problem is not a lack of assets and resources; it is the insidious insertion and maintenance of corrupted officials in certain strategic offices that are willing to sell out their own country to continue the myth that money comes from borrowing. No person, family, corporation, or nation can borrow its way out of debt. Any nation can easily pay off its external debt if it will follow the Global Alliance program.
Not only can a nation get out of debt, it can increase its WEALTH by far more than 10% per year and stay out of debt for the next 997 years, should it decide to do so with a willingness to communicate that objective to its individual people. We use the word “individual” in an effort to be clear. Individual people seldom plan ahead hundreds of years; collections of people called nations must do so or, having no common purpose, they will lose their unity, become divided and weakened and probably become the servants of another collection of people whose goals are clear and well-maintained.
NATIONAL GROWTH
In the preceding paragraph we used the number “10%”. We are not referring to the useless “growth rate” foisted off upon us by the IBC through its IMF/WB minions. No, we are referring to the increase in the real, observable wealth of the nation. The IBC blinds us to reality by giving us false measuring sticks wherein the results are always within their control. As long as “they” control the money they can control the world’s economies.
When the “Asian Tigers” were bounding forth in ebullient abandon, circa 1996 and early 1997, they were easily brought to heel. Currency traders with billions available through their derivative-enhanced hedge funds could easily have bought all of the currency and common stocks in the ASEAN region. They first bought and bid up the stocks until the local people got hooked on the idea of making money by buying stocks with borrowed money. Then the traders and funds “sold short” the currencies and, when the panic set in, they shorted the stocks. They scooped up and left with half the “money” of the entire region in just a few months. They are ready to come back now (with your money) and assist with the “non-performing loans” and foreclosed properties (at less than 10 cents on the dollar, of course).
When that is coupled with the result of “privatization”, the nations are left with nothing of value. Before that happens the concerned citizens of a nation should try to imagine how they could run a country without a “tax base”, with deteriorating infrastructure and no money to pay teachers, police, firemen, or soldiers.
THE SOLUTION
The solution to all of these problems can be found in a properly managed and accounted gold-based currency. Just as the use of gold places limits on the profits of banks and the unwarranted spending of governments, it also creates an environment of transparency that makes corruption extremely visible, and even moreso when the Global Alliance program is also in use. (These principles are discussed in greater detail in some of our other papers on the subject.)
The next question we would expect would be, “How does a nation return to or adopt the gold standard for its currency?” After having worked with the idea for more than ten years, it is tempting to say that it is easy. Realistically, however, we must acknowledge that it is not “easy”. Above, Mr. Greenspan reminded us that the USA abandoned the gold standard in 1933. The US was one of the last to cave in to the IBC. How many practicing bankers today would have personal experience with a gold based system?
Just as significant, for some two centuries the IBC-endowed and controlled schools of banking and economics have disparaged the use of gold. To a “properly educated” banker or economist, the idea of returning to the gold standard is very likely violently repugnant. In this instance, the generations of brainwashing have been extremely effective. However, recognizing the difficulties can help overcome them.
In nations where it was useful, the IBC, using its IMF tool, has forced the legislation of laws banning the ownership of gold by banks to further remove their interest in it. While it is not necessary that banks be allowed to own gold for them to be able to use it as a reserve against which a loan or line of credit is extended to the owner of the gold, in the event of a foreclosure it may not be in the best interests of the owner of the gold, the bank, or even the nation to “force the sale” of the gold at an inappropriate time or price. (The foreclosed gold would become the property of the bank.) Thus each nation will be well-advised to examine its laws to eliminate such conflicts.
Hopefully that statement might jolt the reader into the realization that this is a serious matter. Changing laws and ways of doing things may not be either easy or quick so it may be time to examine the benefits of doing so with a bit more care. Only by understanding the benefits, both short and long term, and weighing them against the effort required (there is no “cost” to the nation but a lot of effort is required) can the current leaders of a nation decide what to do. (Other resistance can occur because the opportunity for graft will likely go to zero, which will frighten the shortsighted.)
REGAINING SOVEREIGNTY
Gold, as payment of a debt, was and will again become the most desirable mode of settlement. Because it must be redeemed in gold, gold-based currency is considered to be the same as gold. That means that it is the highest quality form of “foreign exchange”; it also means that all of the money in a nation’s system qualifies as its foreign exchange reserves, not just that amount meeting certain requirements “acceptable to the FED”, causing the IBC to lose its control of the nation’s commerce.
To add some detail, it means the nation now needs no more foreign money; no foreign loans; no foreign investors; no foreign tourists; no need to sacrifice its timber, fish, minerals, oil & gas, or to deplete its land to grow crops for export (it really needs no exports—including workers—more on this later in this paper). Further, “privatization”, balance of payments, and budget deficits no longer apply.
When a nation’s money is based upon gold, it recaptures control—SOVEREIGNTY, if you will. It controls its money supply, by far the most important function of nationhood.
The value of the Global Alliance program is that the huge debt owed to GAIA by the US Treasury (guaranteed by the FED and payable in gold) can be shared with nations, government organizations, and non-government organizations via the mechanism of GAIA issuing a DEED OF ASSIGNMENT FOR CONSIDERATION (DEED) pursuant to a Memorandum of Agreement (MOA) creating a short term Joint Venture partnership for the purpose of converting the UST debt to gold.
GAIA PROGRAM = PARTNERSHIP
It is a 50/50 partnership. GAIA furnishes the UST debt in the form of the DEED, which is a perfect banking RESERVE; the Joint Venture Partner (JVP) furnishes the needed banking facility to use the RESERVE to purchase gold (equal to the amount of the DEED), and the gold is then divided equally between GAIA and the JVP. The gold is used as collateral for two lines of credit, a small one to GAIA and a larger one to the JVP with which it may do one or a series of projects.
The Global Alliance gold is left with the funding bank to strengthen the bank’s RESERVES and no more than 10% of DEED amount will be used by GAIA to assist other nations to join the Alliance. As the Global Alliance gold grows in size, it can be used to provide an “insurance” fund to assist nations suffering force majeure catastrophes (earthquakes, tsunamis, volcanoes, typhoons, etc.), unlike the United Nations which must beg or levy for needed money.
The limiting factor in the issuance of DEEDs is the availability of gold. The DEED is to be used as a banking RESERVE with which to purchase gold. If gold is not available, the bank cannot issue the lines of credit because the lines of credit can only be based upon the collateral provided by gold (not upon the DEEDs themselves). This also provides an indelible audit trail.
GOLD, GOLD, GOLD
Will there be enough gold to implement the program worldwide? We have been told that Presidents Ronald Reagan and Ferdinand Marcos began to implement a similar plan in the early 1980s and distributed many thousands of tons of gold to some 50-60 countries, and we have seen a lot of evidence confirming that as fact. We have also been told by close associates of people who have worked at NASA in the interpretation of their satellite maps that there is far more gold, just in the Philippines, than would be needed to put a gold base under all of the world’s currencies.
If there is so much gold, what will that do to the price? It doesn’t matter whether the price is $3.00 per ounce or $3,000 per ounce. It will be the same for everyone and thus the “playing field will be level”. Ultimately, however, the price will stabilize somewhere above the cost of production, which is alleged to be close to $360 per ounce for nearly half of the existing mines. The Reagan/Marcos plan implied a price of $400 per ounce which, even 20-years later, seems to be quite reasonable.
MORE BENEFITS
In the event that solving the foreign exchange problem is not sufficient motivation to seriously consider the GAIA program, we should mention that there are many other benefits. The most striking is that the implementing nation can eliminate income taxes on its citizens, both individual and corporate. There are better, and far more transparent means of furnishing the money to “run the government”. Taxes are most often used as a control mechanism upon its citizens by the government. The USA, during its most productive period from 1789 through 1941, had no individual income tax. In a SOVEREIGN SOCIETY income tax is not necessary.
Without a picture of a sovereign economy, such a concept is probably impossible to accept. Post colonial “third world” societies have been taught what amounts to quasi-welfare state economics, although that fact has been hidden from them. For instance, in the Philippines, a country of some 80-million people, nearly one-half of those employed work for a government entity. Most of them do not do much. Some even boast that they come to “work” twice each month (on payday). This is also a symptom of a modern “democracy” wherein elected officials stay in office because their scads of employees vote for them.
In a sovereign society there is always a labor shortage, especially of skilled labor. Compensation is more frequently based upon performance which tends toward higher self-esteem and pride of accomplishment. (Labor unions have interfered with this in many “developed” countries.) It also tends toward higher per person incomes and lower per product unit cost. The primary reason that there is a labor shortage is that there is a surplus of projects to be done. In a labor-short economy, labor-saving devices and technologies become much less to be feared, leaving room for increased productivity.
PROJECT PROPONENTS (JVPs)
In every country where we have been or from where we have talked to people, there are always a surplus of projects and “not enough money”. With the Global Alliance program the project proponent, whether public or private, applies for a DEED, shows the Executive Summary of its feasibility study, gets and takes its DEED to its bank, and gets its funding—because there is no risk. The line of credit will be based upon gold, which is the highest quality and most liquid collateral available. If the project fails, the bank can sell enough of the gold to satisfy the draws on the line of credit, plus interest, and return the balance of the gold to the project proponent.
If the project is “private” and pays off, the project proponent (also JVP) has the gold free and clear to keep, sell, or use for another project. The gold was “earned” when the gold was purchased and the lines of credit created (pursuant to the MOA). If the project is “public” there is an even more beneficial outcome. Once the project is complete, its appraised value can be added to the value of the government entity serving as project proponent and the loan forgiven because the increase in money supply created to fund the project is now offset by the increase in the value of the nation. The gold purchased to provide the collateral adds to the reserves of the National Treasury which can then be used for other projects, including paying that part of the cost of government not covered by tariffs, duties, and expense-specific taxes like those on fuel to maintain roads, etc. Taxes on real estate, usually collected at the province or sub-province levels, should be adequate to pay the salaries of teachers, police and firemen, and local government employees.
That statement introduces an extremely important facet of the GAIA Program. By following a few simple, logical principles, there will always be money for worthy projects and the money supply will grow to match the growth IN THE VALUE of the nation. The growth RATE of the nation will depend mostly upon the availability of labor to do the projects. This makes education and training of its labor force of paramount importance to the nation.
With projects going on everywhere, labor shortages will create a more competitive labor market and most of those marginally employed in government will find better-paying jobs in the private sector. To keep its necessary employees, government will have to create incentive-oriented pay plans to reward the best employees for increasing their productivity. The result should be far fewer employees putting out higher quality work at greatly reduced overall cost to government.
INFLATION
Another benefit of gold-based currency to the nation and its people is the control of inflation. IBC-educated economists insist that a robust economy requires inflation (what Chairman Greenspan refers to as “over issuance of money”) in the order of 2-4%. That is nonsense. Inflation is a smokescreen behind which are hidden a multitude of thefts from the citizenry. In the US, which used to tout its accurate economic reporting, the average annual inflation rate is said to be 3%. In 1930 the average wage of laborers, teachers and policemen was one dollar per day, $360 per year. With no relative increase in their standard of living, those same people are now being paid approximately $36,000 per year, 100 times as much. A “luxury” car, a brand new Packard 4-door sedan, cost $500 in the mid-1930s. The equivalent today, Lincoln Town Car or a Cadillac Fleetwood, would cost some $50,000, 100 times as much. If inflation had REALLY averaged 3% the wage would now be $2,850 and the car $4,000, only 8 times as much. Somebody has been lying.
Another way of putting it: A person who “saved” $100 in 1930 now has the spending power of $1. If there were no inflation, the person would still have $100. In the “ideal” economy of 3% inflation, the person would have only $12.50 in value. In either case, most of the VALUE of the money is gone. Who got it? While it is not possible to point a finger at a particular politician or banker to say, “He got it,” it is possible to look at the arithmetic of national budgets and know that the beneficiaries of inflation are, generally speaking, the bankers, politicians, and what Eisenhower so aptly called “the military-industrial complex”, another name for the elitist Zionist IBC.
GOLD BASED MONEY WILL NOT INFLATE LIKE BASELESS PAPER MONEY. As Chairman Greenspan put it, “…it was the case that the price level in 1929 was not much different, on net, from what it had been in 1800”. That particular period happens to coincide with the most “robust” period in the history of the US, proof positive that inflation is not in the interests of the people. Actually, it is not in the best interest of domestic bankers, either; only the International Bankers can control the value of currencies and manipulate the “inflation” numbers, and thus position themselves in advance to take advantage of what they know will occur because they are the ones that make it happen.
BANKS AND THE GLOBAL ALLIANCE PROGRAM
“Domestic banks” are those that are owned and operated by citizens in the country in which they are located. A few might have branches or special service offices in other countries but the bulk of their business is done within their own. Bankers are taught that they belong to one big, cooperative, happy fraternity. But there are actually at least three fraternities: the one to which they all, including the domestic bankers, belong; the one to which the International Bankers belong, and the elite one that most don’t even know about, the Bank for International Settlements (the BIS).
Worldwide banking policy is created and disseminated via a monthly meeting at the BIS Head Office in Basel, Switzerland. The attendees at these secret meetings consist of the members of a “standing committee” plus a very few invited “guests”, usually the central banker of a nation that deserves a pat on the head for his support of their policies, or one that needs a boot in the derrière for getting out of line. We mention this because most domestic bankers do not understand that they, just like the rest of the citizens of smaller nations, are victimized by the policies and practices of the IBC and its BIS.
Every banker that has taken, read, and understood our materials has admitted that the GAIA program is “banker friendly”. Local banks lose money when they fail to correctly predict inflation, or when their currency drops in value. In most smaller nations interest rates are very high and loans are not being made due to these risks.
When inflation and currency fluctuations are eliminated, loans are much easier to make because the banker need only examine the character and quality of borrower and the project being funded. When the basic, underlying collateral is gold, even those risks are removed. With all of the risk removed, interest rates can come under 4% and business can be far more predictable and profitable, and there will be a lot more of it.
For instance, the monthly (20 year) mortgage payment at 4% on a home costing $100,000 is one-half what it is at 14%. (For those who like numbers, the payment at 0% would be $416, at 2% $505, at 4% $606, and at 14% $1244. At 14% the house cost $100,000, the interest $198,720.) Four percent interest rates should translate to twice as many people being able to buy a home—but the “multiplier” is far greater than 2. More homes being built and sold means more construction jobs and more men able to buy homes. It means more appliances being manufactured and sold, translating into even more men and women able to buy and furnish their homes. Instead of the current declining spiral of lost jobs and foreclosures, followed by more lost jobs and more foreclosures, we see an “inclining spiral” of new jobs, higher incomes, more new jobs and more higher incomes (and how about business and banking profits?).
The GAIA program is God’s program to raise His people out of poverty and hunger. It will be implemented whether the elitists (sometimes called oligarchs) like it or not. It will happen in His good time, when “we” (the people) get behind it and push.
TAXES
Seeing the “inclining spiral” illustrated above, the tax collectors are likely to salivate profusely. There is bad, and good, news for them. The bad news is that they will be out of a job because a Global Alliance nation does not need individual income taxes. It is yet to be determined whether any nations will need to continue their corporate taxes.
The good news is that there will be plentiful jobs for people having arithmetic and analytical abilities. Because of their experience in analyzing and monitoring lines of credit to construction-type projects, it is expected that an expanded portfolio of loans (in the form of lines of credit) will justify additional personnel already trained to handle numbers and see discrepancies. Hopefully, because the bank cannot lose, a friendly, helpful relationship will be established between lender and borrower. (That will be certain to happen if the bank adopts an Islamic-type profit-sharing approach to a particular loan.)
Further, because each completed project must be “valued” (appraised) so as to be added to the value of a municipality, province, and finally, the nation, thus justifying the issuance of additional currency equal to that value to maintain the “balance” of the currency in circulation with the value of the nation, more (and better) jobs will be created. Project evaluation and appraisal are positive jobs; tax collection is negative.
From the politicians comes the howl, “No income tax? What about us?”
Perhaps this is a place in our discussion for some “American honesty”. Some ways of doing things work better than others and, in the spirit of open-mindedness, maybe we should be allowed to offer some successful alternatives to the “pork-barrel” practices of being elected/reelected as a result of “federal” money being delivered to the Municipality/Province by the incumbent politician, or money delivered directly into the hands of the voter ten minutes (or days or months) before he votes.
“Democracy” is a misused term. It has been surreptitiously substituted as the name for a system of government invented and used by the indigenous natives of the northeastern part to of the United States, which was adopted as the “Confederation of States” prior to the adoption of the Constitution of the United States of America.
This system was one of “self rule” at the local level, and a community of cooperation at a “national” level. With the exception of tariffs, designed and intended only for the protection of local producers, all taxes were collected at the state (provincial) level. Those taxes were collected for the protection of private property and were commensurate with the value of the property. Legislators at both the state and national level met every second year for a maximum of two months. Lacking the need for additional laws, they usually disbanded early.
Why do we take your time to rehash this ancient history? Because it worked, very, very well. And because nothing introduced by the IBC since has worked. With its unlimited access to money (it could print all of the English Pounds it needed because it owned the Bank of England, just as it has owned the Federal Reserve System since 1913) the IBC (existent even in those “early” days) was able to arrange the election of “its” people to the US Congress and begin to change those laws prescribed by the original CONSTITUTION.
We can now say in all candor that the United States of America is ruled by a cabal often referred to as the Zionist Elite. There is ample evidence that the last President of the United States of America to be assassinated, John F. Kennedy, was killed by that cabal because he advocated money issued by the US Treasury (not the FED) and intended to return the US to the gold standard. Since the assassination of JFK no president has dared to defy the cabal. Just as important to know: hundreds of people have been murdered for just “knowing too much”. The IBC cabal is merciless.
Our intention in presenting this paper is to make it possible, and hopefully easy, for our program and its effects to be more easily and widely understood. All readers are hereby given permission to reproduce this paper (in its entirety, please—taken out of context some of our statements will be construed as “controversial”) and to distribute it widely.
CURRENCY AS “STOCK”
When the currencies of nations are not gold based, they represent something similar to the value of the COMMON STOCK of a corporation. As an example, let us suppose that the President of a Corporation needs more money and so issues more stock. The value of the Corporation is increased by the money that comes in for the stock. If the money is exchanged for productive equipment, the value of the Corporation remains static and the stock holds its price. But suppose the money is spent for the wedding of the President’s daughter? When the “Securities Analysts” figure that out, the price of the stock will drop. That would be akin to the drop in the value of a currency when new money is issued without a commensurate increase in RESERVES.
This may seem a bit extreme but please indulge us in a bit of reality (i.e., non fantasy). Let us suppose that the Prime Minister of a Global Alliance nation needs more money. Instead of stock, the PM will have to issue more currency. He applies to GAIA for a DEED in the name of his National Treasury which instantly becomes banking RESERVES, allowing him to quickly purchase gold (sometimes physical gold and sometimes Warehouse Receipts from his Central Bank or from an offshore seller). As soon as the gold is accounted as National Treasury RESERVES, the PM can issue credits to any entity he chooses, worldwide, including his own departments, agencies, provinces, or municipalities. The difference is that there is no dilution of the value of the currency—it is always backed by gold—and the nation “owes” no one. It has not issued bonds at 10% to an offshore entity to drain away its life-blood, nor has it pledged any of its assets or natural resources. And the GAIA 50% of the gold further strengthens the banking reserves in the nation.
GETTING STARTED
Global Alliance is currently headquartered in Manila, Philippines. The program needs to start in the Philippines because the supply of gold needed to put a gold base under all of the currencies of the world is here. Many other nations already have the stock of gold provided by the Reagan/Marcos program. If those stocks can be located and their documentation brought to GAIA, GAIA can provide what might be necessary for the nation to qualify its currency as gold based; that will allow the nation to purchase the gold (with newly created currency/credit) to be used with the program for projects.
Global Alliance will assist nations with the installation of the GAIA Program. At the present time the GAIA team is small and cannot travel away from its headquarters. That means that nations wishing information or installation instructions will have to travel to Manila. Later there will probably be traveling installation teams. To assure that balance is maintained, one of the program rules will require that national government project funding cannot exceed private or Non-Government Organization (NGO) plus local government project funding.
In most nations one of the first DEEDs issued will be for the project of valuing the nation (by each political subdivision), which will provide plenty of employment opportunities for the suddenly unemployed people no longer needed for tax collection, along with excess local government employees. Another early DEED will be for the purpose of appointing and training a cadre of attorneys to act as temporary justices so that the typical court backlogs can be cleared. In most nations more schools and hospitals are needed, along with roads repaired and new ones constructed, water and waste treatments systems installed, electricity and communication systems created or upgraded. Many of these projects can be contracted to NGOs that can benefit from arranging their own funding with GAIA DEEDs.
When the people of a nation realize that they can have virtually unlimited funding for good projects, all generated from within the nation so that any interest charges are retained within the nation, their creativity and ambition will bloom. In those areas typically suffering from the presence of rebel groups the new employment opportunities will rapidly siphon off most of the rank-and-file. Without “followers” to help collect “taxes”, a peaceful countryside becomes achievable. Modernizing and upgrading schools, police and firemen’s training and equipment, along with raising their pay to a level where one income can support a family will solve a lot of “peace and order” issues. Working together, the Global Alliance and its member nations can create a much improved world in which to live and learn.
This paper is authored by E J Ekker, President of GAIA
With the collaboration of Doris J. Ekker, Secretary of GAIA
Email on this subject should be directed to: Info@GlobalAllianceAssn.com.
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