On Wednesday night during the debate among GOP Presidential candidates at the Ronald Reagan Presidential Library, some Establishment candidates were yammering on about the high price of gasoline under the Obama administration, and how they would rectify that situation if they were elected President.
And then it happened. A "game changer" moment that could transform the entire election, or perhaps American history, irrespective of the election results. Ron Paul had the impertinence to point out to a national audience that gasoline could actually be purchased RIGHT NOW for a mere ten cents per gallon!
Really? Now? Where? Congressman Paul explained that a SILVER dime is currently worth over $3.00, which is nearly enough to buy a gallon of petrol in the U.S. You remember those Mercury head dimes, don't you? What ever happened to those? And, come to think of it, why doesn't a dime minted in 2011 buy a gallon of gas?
Admittedly, it's a simple question. And that why it's so dangerous. This line of thinking simply can't be allowed to gain traction. It's crazy talk by Ron Paul who stubbornly clings to a bygone era of monetary policy (including relevant clauses of the Constitution) and who simply doesn't comprehend the modern wonders of "quantitative easing." Move along citizens, there's nothing here to see. Got it?
That's the thrust of an editorial written by Charles Lane and published in the WaPo on the morning immediately following the debate. Egad, the idea of SILVER currency is soooo "18th century" according to Lane. Never mind that dimes, quarters and half dollars minted by the U.S. government were comprised of at least 90% silver for the entire 19th century and for nearly 65 years of the 20th century too (i.e. until 1964). Mr. Lane apparently wasn't aware of such recent history.
Or was he? Of all the debate moments to critique, why did the WaPo deem it necessary to challenge this one particular point that was made so well by Ron Paul? Hmmm, let's see now. Why on earth would the WaPo attempt to ridicule anyone who poses a threat to the power structure that depends on the depredations of the FED? What animus could the WaPo possibly have against a 10 term Congressman who wrote a book entitled, End the Fed, and whose son was recently elected as a U.S. Senator?
Perhaps the WaPo editorial attack on Ron Paul can be explained by the following additional facts, which have previously been pointed out by Lew Rockwell, and which reveal the true agenda of the Establishment and their paymasters (the Banksters) who are terrified that the American public might actually begin to wonder who is responsible for the ongoing monetary devaluation that Ron Paul illustrated with such devastating effect during the debate:
- The present publisher of The Post, Ms. Weymouth, is granddaughter of Katherine Graham (known as Katherine the Great), and great-granddaughter of Eugene Meyer, who bought The Post out of bankruptcy in 1933, and who was ….
….. wait for it …
Chairman of the Federal Reserve and the first head of the World Bank.
- Mr. Meyer was succeeded in this last post by John J. McCloy, later chairman of the Rockefeller’s Chase Manhattan Bank, the Council on Foreign Relations, the Ford Foundation, and key member of the Warren Commission. He was widely regarded by wags in the know as “the Chairman of the Establishment.”
- Ms. Weymouth's grandfather, Philip Graham, succeeded her great grandfather, Mr. Meyer, as publisher of The Post in 1946, and was married to Mr. Meyer's daughter, Katherine. The Grahams used to put on famous Georgetown soirees for the Beltway elites in journalism, intelligence circles, and the upper ranks of the Washington Nomenclatura, described in Hugh Wilford’s book The Mighty Wurlitzer: How the CIA Played America.
- The term “the mighty Wurlitzer,” coined by high level CIA official Frank Wisner, was used to describe the elaborate covert networks of propaganda, deception, and media manipulation sponsored by the Agency. A key player in this campaign of Cold War subterfuge and deceit was “the Golden Boy”u2014 Washington Post publisher Phil Graham (the husband of Katherine — and Eugene Meyer’s son-in-law), who later committed suicide (although some informed observers, such as the distinguished award-winning journalist and historian Sterling Seagrave, believe otherwise).
With a pedigree like that, it begins to make sense why the WaPo simply couldn't allow Ron Paul to speak the truth about our ongoing money devaluation without being given the "treatment". Former WaPo writer, Carl Bernstein, in his famous Rolling Stone article, The CIA and the Media, gave a further glimpse into the pedigree behind the WaPo propaganda platform that Ms Weymouth inherited, which he described as follows:
"When Newsweek was purchased by the Washington Post Company, publisher Philip L. Graham was informed by Agency officials that the CIA occasionally used the magazine for cover purposes, according to CIA sources. “It was widely known that Phil Graham was somebody you could get help from,” said a former deputy director of the Agency. “Frank Wisner dealt with him.” Wisner, deputy director of the CIA from 1950 until shortly before his suicide in 1965, was the Agency’s premier orchestrator of “black” operations, including many in which journalists were involved. Wisner liked to boast of his “mighty Wurlitzer,” a wondrous propaganda instrument he built, and played, with help from the press.) Phil Graham was probably Wisner’s closest friend. But Graham, who committed suicide in 1963, apparently knew little of the specifics of any cover arrangements with Newsweek, CIA sources said.
None of this is conspiracy theory. Just plain old history. But, just for fun, consider that Katherine Graham's 1997 autobiography says that her husband (WaPo publisher, Philip Graham) was instrumental in getting Lyndon Johnson to be the Democratic Vice Presidential nominee in 1960. And, consider also that her father handed the reigns of the fledgling World Bank to Mr. Establishment (McCloy), who later became a member of the Warren Commission, which certainly tried its best to make sure that nobody would ponder the motives or means of anyone (beyond Oswald) or any organization that might be interested in seeing a certain V.P. become the POTUS.
And it's also interesting to reflect for a moment on the last 3 words of the excerpt from Bernstein's article which is quoted above. Bernstein is smart enough to "consider the source," but he doesn't appear to question the assertion of his CIA source in any way. Of course, if Mr. Graham didn't know too much about the CIA arrangements with Newsweek (owned by the WaPo) as the "CIA source said", there wouldn't be any need for his suicide to be arranged, would there? But, the same can't necessarily be said for Mr. Wisner, the deputy director of the CIA in 1965, who was the best friend of Mr. Graham, and who also apparently carried a heavy burden that ended in his subsequent suicide a mere two years later.
JFK was the last President who presided over coinage of 90% silver money that Mr. Lane at the WaPo holds in such contempt. In 1971, a mere 8 years after JFK was assassinated, President Nixon severed all ties between the U.S. dollar and gold, and the ensuing 30 years have witnessed the dramatic loss of purchasing power that was beautifully illustrated by Ron Paul's reference to one thin dime.
After the demise of the gold standard under Nixon, another GOP President was elected after serving as CIA Director. This President was descended from an executive of the investment banking firm, Brown Brothers Harriman, which according to at least one description, "is particularly notable because of the large number of influential American politicians, government appointees, and central bankers who have worked at the company since its foundation…" (To be fair, on the Democrat side of things, Obama's extensive ties to the Goldman Sachs investment banking firm demonstrates that both parties are beholden to the Banksters).
Ron Paul is not singing from the same monetary hymnal used by Richard Nixon, G.H.W.B. or Barry Goldman Obama. He dares to remind folks about what has been happening to our money since the days of JFK (and even before that). Perhaps Ron Paul should consider himself lucky that he has only suffered (so far) the indignation of the WaPo for speaking and writing about the depredations of the Fed and by running for the Presidency. His courage in doing so is remarkable in light of the recent history (post 18th century) that Mr. Lane would like to ignore, including the sorry history of the WaPo.
William F. Watkins [send him mail] is a graduate of Georgetown University and the University of Kansas Law School. He practices law in the Midwest.