This is the twenty-fourth installment in a series of chapter summaries from G. Edward Griffin’s must-read book The Creature From Jekyll Island. This book may be the most important “red pill” available and we highly recommend that you read the full book. Buy it today at RealityZone.
G. Edward Griffin
(A.P. note: It is shocking to see how quickly the figures below have become obsolete, serving as a testament to the validity of the analysis and the warning that follows.)
The United States government is mired in a 5.8-trillion-dollar debt. By 2001, interest payments on that debt were running $360 billion per year. That consumes about 19% of all federal revenue, and costs the average family over $5,000 each year. Nothing is purchased by it. It merely pays interest. It represents the government’s largest single expense. Interest on the national debt is already consuming more than 36% of all the revenue collected from personal income taxes. If the long-term trend continues, there is nothing to prevent it from eventually consuming all of it.
By 1992, there were more people working for government than for manufacturing companies in the private sector. There are more citizens receiving government checks than there are paying income taxes. When it is possible for people to vote on issues involving the transfer of wealth to themselves from others, the ballot box becomes a weapon whereby the majority plunders the minority. That is the point of no return. It is a doomsday mechanism.
By 1992, more than half of all federal outlays went for what are called entitlements. Her s another doomsday mechanism. Entitlements are expenses — such as Social Security and Medicare — which are based on promises of future payments. Entitlements represent 52% of federal outlays. When this is added to the 14% that is now being spent for interest payments on the national debt, we come to the startling conclusion that two-thirds of all of federal expenses are now entirely automatic, ad that percentage is growing each month.
The biggest doomsday mechanism of all is the Federal Reserve System. Every cent of our money supply came into being for the purpose of being loaned to someone. Those dollars will disappear when the loans are paid back. If we tried to pay off the national debt, our money supply would be undermined. Under the Federal Reserve System, therefore, Congress would be fearful to eliminate the national debt even if it wanted to.
Political environmentalism has caused millions of acres of timber and agricultural land to be taken out of production. Heavy industry has been chased from our shores by our own government. High taxes, rules beyond reason for safety devices in the work place, so-called fair-employment practices, and mandatory health insurance are rapidly destroying what is left of the private sector. The result is unemployment and dislocation for millions of American workers. Government moves in to fill the void it creates, and bureaucracy grows by the hour.
Federal taxes now take more than 40% of our private incomes. State, county, and local taxes are on top of that. Inflation feeds what is left. We spend half of each year working for the government. Real wages in America have declined. Young couples with a single income have a lower standard of living than their parents did. The net worth of the average household is falling. The amount of leisure time is shrinking. The percentage of Americans who own their homes is dropping. The age at which a family acquires a first home is rising. The number of families counted among the middle class is falling. The number of people living below the officially defined poverty level is ring. More and more Americans are broke at age 65.
None of this is accidental. It is the fulfillment of a plan by members of the CFR who comprise the hidden government of the United States. Their goal is the deliberate weakening of the industrialized nations as a prerequisite to bringing them into a world government built upon the principles of socialism, with themselves in control.
The origin of many of the stratagems of this plan can be traced to a government-sponsored think-tank study released in 1966 called the Report from Iron Mountain. The purpose of the study was to analyze methods by which a government can perpetuate itself in power — ways to control its citizens and prevent them from rebelling. The conclusion of the report was that, in the past, war has been the only reliable means to achieve that goal. Under world government, however, war technically would be impossible. S the main purpose of the study was to explore other methods for controlling populations and keeping them loyal to their leaders. It was concluded that a suitable substitute for war would require a new enemy which posed a frightful threat to survival. Neither the threat nor the enemy had to be real. They merely had to be believable.
Several surrogates for war were considered, but the only one holding real promise was the environmental-pollution model. This was viewed as the most likely to succeed because (1) it could be related to observable conditions such as smog and water pollution — in other words, it would be based partly on fact and, therefore, believable — and (2) predictions could be made showing end-of-earth scenarios just as horrible as atomic warfare. Accuracy in these predictions would not be important. Their purpose would be o frighten, not to inform.
While the followers of the current environmental movement are preoccupied with visions of planetary doom, the leaders have an entirely different agenda. It is world government.
See other parts below:
PART 1: The Journey to Jekyll Island
PART 2: The Name of the Game is Bailout
PART 3: Protectors of the Public
PART 4: Home, Sweet Loan
PART 5: Nearer to the Heart’s Desire
PART 6: Building the New World Order
PART 7: The Barbaric Metal
PART 8: Fool’s Gold
PART 9: The Secret Science
PART 10: The Mandrake Mechanism
PART 11: The Rothschild Formula
PART 12: Sink the Lusitania!
PART 13: Masquerade in Moscow
PART 14: The Best Enemy Money Can Buy
PART 15: The Lost Treasure Map
PART 16: The Creature Comes to America
PART 17: A Den of Vipers
PART 18: Loaves and Fishes and Civil War
PART 19: Greenbacks and Other Crimes
PART 20: The London Connection
PART 21: Competition is a Sin
PART 22: The Creature Swallows Congress
PART 23: The Great Duck Dinner