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http://www.youtube.com/watch?v=2ssrcD5GdPQ&am...player_embedded
http://www.youtube.com/watch?v=ImuVUab6WW0...player_embedded
Links to material covered in video:
INTRO
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Exchange
Stabilization Fund — Introduction (Treasury’s
website)
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Above
a Chinese Cafe, GAO Men Investigate Secret Treasury Unit (Wall Street
Journal, Jan 28, 1971)
Us
Treasury Has Control-free ‘kitty’ (St. Petersburg Times, May
24, 1976)
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Two
Billions Secretly Used By Treasury (Gettysburg Times, Dec
7, 1940)
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The ESF’s official purpose is defending
(stabilizing) the value of the dollar
Google Archive News results target="_blank"for “exchange
stabilization fund”
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Exchange
Stabilization Fund – Fedpoints (New York Fed’s
website)
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U.S.
Bought $1 Billion During March Yen Intervention (Business Week, May 13, 2011)
TREASURY
SETS UP TWO-BILLION FUND FOR STABILIZATION
(New York Times, May 1, 1934)
Google Archive News results target="_blank"for Inflation
or deflation debate
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The ESF operates FROM WITHIN the New York
Fed
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Exchange
Stabilization Fund – Fedpoints (New York Fed’s
website)
Exchange
Stabilization Fund – Finances and Operations (Treasury’s
website)
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Dollar’s
Defense (Wall Street Journal, Mar 1, 1962)
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Fed
to lend $85 billion to AIG, take 80 percent stake (Reuters, Sep 16, 2008)
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Secret
Banking Cabal Emerges From AIG Shadows (Bloomberg, Jan 28, 2010)
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The ESF has authority over all
International Monetary Affairs
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Exchange
Stabilization Fund – Relations with the Federal Reserve (Treasury’s website)
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Exchange
Stabilization Fund — Introduction (Treasury’s
website)
The
Fed Debate in the 1960s over Sterilized Foreign Exchange Intervention
(Richmond Fed’s website)
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William
McChesney Martin, Jr. (From Wikipedia)
US
Fed launches four new currency swap lines (Reuters, Oct
30, 2008)
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AIG
borrows $90.3 billion from Federal Reserve (Reuters, Oct
24, 2008)
Intervention:
Simple but Secret (New York Times, Jan 7, 1988)
Google Archive News results target="_blank"for McCain
takes lead over Obama: poll
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McCain
takes lead over Obama: poll (Reuters, Aug 20,
2008)
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Questions for
Mr. Geithner (New York Times, Dec 14, 2008)
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White
House Insider: Eric Holder Is Gonna Fall (Newsflavor,
May 9, 2011 )
——————————–
The ESF keeps a low
profile using the Fed as a front.
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Get
Briefed: Dr. Ron Paul (Forbes, Jan 11, 2010)
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U.S.
Monetary Authorities Intervened in FX Markets during the First Quarter
(New York Fed’s website,
May 13, 2011)
Google Archive News results target="_blank"for “US
monetary authorities”
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System
Open Market Account – Fedpoints (New York Fed’s
website)
Fed
takes heat on AIG from both sides of Congress (Reuters, Sep 22, 2008)
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Hijacking
the Fed
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FRASER
» Federal Reserve Archival System for Economic Research
Author(s): United States. Congress.
House. Committee on Banking
and Currency
Title: Gold Reserve Act
of 1934: Hearings on S. 2366
Citation: Senate Committee
on Banking and Currency,
Jan 19-23, 1934. – pp.
HEARINGS ON THE
GOLD RESERVE ACT OF 1934 (Fed’s website)
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Taking
control of America’s gold
Above
a Chinese Cafe, GAO Men Investigate Secret Treasury Unit (Wall Street
Journal, Jan 28, 1971)
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History of
Federal Reserve Free Edition
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8.5
BILLION IN GOLD IS SECRETLY REMOVED FROM NEW YORK TO FORT KNOX (Lewiston Daily
Sun, Mar 1, 1941)
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The ESF was guaranteed
disaster
HEARINGS ON THE
GOLD RESERVE ACT OF 1934 (Fed’s website)
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Dictatorial power and no oversight
Here’s
Idea Where That 2 Billion Dollars Is Going (San Jose News, Apr 12, 1934)
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McGugin,
Leading Drive to Put Stabilization Under Board, Rallies Only 73 Votes
(New York Times, Jan 21, 1934)
The Exchange Stabilization Fund: Slush Money or War Chest?
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Chapter 3 — ESF’s History
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Congressional
Record (July 16 1998)
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Stabilization
Fund Secrecy Due to Desire to Avoid Publicity on Possible Losses
(Pittsburgh Post-Gazette, Jan 27, 1934)
——————————–
FINANCING COVERT OPERATIONS
Google Archive News results target="_blank"for Stabilization
Fund Is Called Secret Weapon
Stabilization
Fund Is Called Secret Weapon (Evening Independent, Dec 6,
1940)
Stabilization
Fund Pictured As Secret Weapon In Hands Of Us (Lawrence Journal-World, Dec
6, 1940)
China
To Get Us War Aid (Reading Eagle, Dec 2, 1940)
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Out
In The Open (Toledo Blade, Dec
4, 1940)
Us
Funds Counter Axis (Tuscaloosa News, Dec 8,
1940)
The Exchange Stabilization Fund:
Slush Money or War Chest?
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Chapter 3 — ESF’s History
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Four
Senators Fight US Cash Aid to England (Pittsburgh
Press, Dec 7, 1940)
Four
Senators To Oppose Stabilization Fund Loans (Pittsburgh Press, Dec 7, 1940)
target="_blank"
Mexico: Policy Failure,
Moral Hazard, and Market Solutions (CATO Institute, Oct
10, 1995)
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Exchange
Stabilization Fund — History (Treasury’s
website)
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ESF Credit Operations (Treasury’s
website)
target="_blank"
From
Obscurity to Notoriety: A Biography of the Exchange Stabilization Fund (Federal Reserve’s website, May 1997)
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From the Exchange
Stabilization Fund to the International Monetary Fund (The National
Bureau of Economic Research,
January 2001)
White
Held The Reins In Many Sensitive Jobs (Newburgh News, Nov 19, 1953)
White
Joined, And Joined And Joined (Pittsburgh Press,
Dec 3, 1953)
Office of
Strategic Services (Wikipedia)
Books
of the Times; ‘A Vast Chaotic Organization’ (New York Times, Feb 28, 1946)
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TRUMAN
ENDS OSS, SHIFTS FUNCTIONS (New York Times, Sep 21, 1945)
Keep
Propaganda In Its Place (Sarasota Herald-Tribune, Aug
16, 1948)
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TERROR
A WEAPON IN US PROPAGANDA (New York Times, Dec
12, 1951)
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ESF designs world monetary system
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From the Exchange
Stabilization Fund to the International Monetary Fund (The National
Bureau of Economic Research,
January 2001)
US
OFFERS PARLEY A CURRENCY PLAN (New York Times, Jan 21, 1942)
Without
Cost? (Lawrence Journal-World, Apr 10, 1943)
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Plan
Advanced . Treasury Offers Second Blueprint (Toledo Blade,
Nov 24, 1943)
http://www.worldbank.org/ (The
World Bank’s website)
www.imf.org/ (IMF’s
website)
International
monetary systems (Wikipedia)
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History of Federal Reserve Free
Edition
target="_blank"
From Obscurity to Notoriety: A Biography of the
Exchange Stabilization Fund
(Federal Reserve’s website, May 1997)
White
Held The Reins In Many
Sensitive Jobs (Newburgh News, Nov 19, 1953)
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World
Currency Study Touches Every Citizen (St.
Petersburg Times, Apr 8, 1943)
The
Fed Debate in the 1960s over Sterilized
Foreign Exchange Intervention (Richmond Fed’s website)
Bretton Woods Progress Report . Quotas, The Toughest Hurdle, Now Safely
Negotiated (Financial Post, Jul
22, 1944)
World
Money Plan Proposed . Giant
Stabilization Fund Is
Basis (Deseret
News, Aug 20, 1943)
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Taft
Attacks Bretton Pact . Says Monetary
Setup Is Camouflaged Loan
(Telegraph-Herald, Jul 12, 1945)
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10th
Of Nation’s Revenue Goes For Foreign Aid (St. Petersburg
Times, Oct 22, 1952)
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Oral History Interview with Samuel
P. Hayes (Harry S. Truman Library & Museum, Jul
16, 1975)
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FOREIGN
AID: MAJOR OPPOSITION RISES IN CONGRESS (New York Times, Aug 25, 1963)
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ESF Credit Operations (Treasury’s website)
The Exchange Stabilization
Fund: Slush Money or War Chest?
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Chapter 5 — Institutional
Position
HEARINGS ON THE
GOLD RESERVE ACT OF 1934 (Fed’s website)
Google Archive News results target="_blank"for Bankers
Opposed To Stabilization Fund
Bankers
Approve Modified Bretton Woods (Deseret News, Mar 17, 1945)
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US
Swinging To The Bretton Woods Plan (Youngstown Vindicator,
Mar 25, 1945)
Google Archive News results target="_blank"for International
Fund treasury propaganda
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Banker Assails Money Parley (St. Petersburg Times, Nov
27, 1944)
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Donations welcome
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Gold
Data: Lesson in Artful Dodging (Wall Street Journal, Aug
1, 1967)
From
the Exchange Stabilization Fund
to the International Monetary Fund
(The National Bureau of Economic Research, January 2001)
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Above a Chinese Cafe, GAO Men Investigate
Secret Treasury Unit (Wall Street Journal, Jan
28, 1971)
target="_blank"
The
CIA’s 3-Decade Effort To Mold the World’s Views (New
York Times, Dec 25, 1977)
For donations:
Thank you for supporting Market Skeptics (MarketSkeptics.com)
——————————–
Running the black budget
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Operation Rollback: America’s Secret War Behind the Iron Curtain By
Peter Grose
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From Obscurity to Notoriety: A Biography of the
Exchange Stabilization Fund
(Federal Reserve’s website, May 1997)
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OPC,
OSO and interim covert
solutions 1948-1951 (Wikipedia)
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Legacy of Ashes: The History of the CIA by Tim Weiner
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A
Brief History of the CIA:
1945-1953 (Truman) (The Lippard Blog, Aug 11, 2007)
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The Life
and Times of the CIA (LewRockwell.com, July 25, 2007)
target="_blank"
The
Presidential Slush Fund (Entrepreneur, September
2000)
Blood money (People’s Weekly World, Apr 5, 1997)
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History of Federal Reserve Free
Edition
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ESF Credit Operations (Treasury’s website)
target="_blank"
Mexico: Policy Failure, Moral Hazard, and Market Solutions (CATO Institute, Oct
10, 1995)
target="_blank"
Out
In The Open (Toledo Blade, Dec
4, 1940)
The Exchange Stabilization
Fund: Slush Money or War Chest?
target="_blank"
Chapter 3 — ESF’s
History
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Congressional Record (July 16 1998)
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CIA, Legal Restriction (answers.com)
Eric de Carbonnel
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