Image: William Jennings Bryan. Apologies if link has expired.(Melchizedek Communique, MC120309) "You cannot press down upon the brow of labor this crown of thorns! You shall not crucify mankind upon a cross of gold!" roared William Jennings Bryan (image included) in 1896, in Chicago.

Bryan wanted silver, besides gold, to back the U.S. dollar. The coining and issuing of money was a function of government, not private bankers. It was not the government which should get out of banking. Rather the "issue of money is a function of the government" and "banks should go out of the governing business," argued Bryan. (qtd. in Blood Money, by John Remington Graham. Gretna LA: Pelican Publishing, 2006)

(From Article I, Section 8, U.S. Constitution: "The Congress shall have the power to... To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures.")

"To regulate the value thereof" includes how much the money supply is, which figure used to be available from the M3 measure. "To regulate the value thereof" includes setting the interest rates. "The Congress shall have the power to," not some privately-owned mega-bank pretending to be a "Federal" Reserve.

Today, December 3, 2009, there will be much thumping of chests by U.S. Congresspersons as they question Ben Bernanke during likely confirmation to a second term as chairman of the "Fed." This had been already foreseen last week by Melchizedek Communique in a report dated November 28, 2009. In that report, it had also been foreseen how any significant "news" coverage of a "global warming" (alias "climate change") e-mail scandal, generally nomenclatured as "ClimateGate," had been forbidden by The Unseen Hand. The following day, November 29, 2009, Melchizedek Communique ascertained that a relatively unimportant Tiger Woods car accident story would be used to throw a cover over the "ClimateGate" scandal. This Tiger Woods "Junk Food News" has supplanted any possibilty of serious reportage on "ClimateGate." In other words, "Tiger Woods" has pushed "ClimateGate" off the front page.

Since the middle of the 1980’s, Project Censored at Sonoma State University has annually researched the phenomenon of "Junk Food News." "Topics and in-depth reports that matter little to anyone in any meaningful way are given massive amounts of media coverage in the corporate media. In recent years, this has only become more obvious." A previous example of "Junk Food News" involved coverage of celebrity Anna Nicole Smith's untimely death in early 2007, which served to cover over "a far more important story. The US ambassador to Iraq misplaced $12 billion in shrink-wrapped one hundred dollar bills that were flown to Baghdad. This garnered little attention due to the media’s morbid infatuation with Smith's passing." (Source: "Infotainment Society: Junk Food News for 2008/2009", by Peter Phillips et al. http://dailycensored.com/2009/06/08/infotainment-society-junk-food-news-for-20082009/)

Yesterday, Melchizedek Communique termed the "Great Depression" as being really the "Great Constipation." In the 1930s, the "Federal" Reserve and other Central Planners only prolonged the agony of a natural economic process, a "brush fire" eliminating fictitious wealth. We are now experiencing the Great Constipation II. There is much talk, much thumping of chests, and we keep being told, "Prosperity is just around the corner."

President Barack Obama, strange visitor from another planet, who came to Earth with powers far beyond those of normal men, holds a chest thumping session of his own, a "Jobs Summit," today in Washington, DC. Signaling lack of confidence in the Obama "Jobs Summit," controversial radio host Rush Limbaugh today broadcasts his own "Jobs Summit." Reportedly, Limbaugh's "Excellence In Broadcasting" (EIB) network will only take calls today from people who are unemployed. ("EIB Jobs Summit on Thursday," transcript from December 2, 2009 Rush Limbaugh show.)

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