APPENDIX C

                                                           Time-line of Events

                                                  What Happened in a Nutshell


Building and Loan crisis and depression of 1893.

Senator Aldrich imports the formula from Europe to bring stability to U.S. Banking. See G. Ed­ward Griffen, The Creature from Jekyll Island, (Amer Media; 4th edition June 2002)

President Woodrow Wilson and Congress pass legislation that creates the Federal Reserve System (FRS) along lines drafted by Senator Aldrich. The new system is patterned after the European strong central bank concept. President Wilson attempts to commit U.S. to internationalism (Glo­balization) under the Treaty of Versailles. He is repeatedly turned down by the Senate and finally abandons the attempt.

Crash of 1929 arrives as a consequence of periodicity, the initiation of a long term wave on the DOW, quarterly along Abacus Road®. Was Morgan a hero or did he and his cohorts use the for­mula to gain unfair advantage in financial markets?

1933 the McCarran-Ferguson Act (insurance) and Glass-Steagall Act were passed by Congress to help avert future national financial collapse. The F.D.I.C. was created.

1957-1966 a price bubble on the DOW appears along Abacus Road® in concert with periodicity along an initial long term wave and initiation of a new, long term wave complex.

1971 U.S. goes off the gold standard under President Richard Nixon.

1980’s Reagan COG plan, forty individuals appointed by presidential decree to stand in for Con­gress in the event the executive declares a national emergency, but the plan contains no apparent mandate to return power and control of the government to Congress.

1982 a price bubble on the DOW, quarterly initiates along Abacus Road® on the new, long term wave complex.

1980’s Conversion of defined benefit and other professionally driven retirement plans during the

1980s toward self directed IRA’s, SEP IRA’s, and Roth IRA’s, places many neophytes in the markets just as Abacus Road® market bubbles of the 1982 to 2007 period begin.

S&L crisis of the 1980s and 1990s. Real estate prices collapse as usual, after theft and greed erupt in overstated home values resulting from excessive loan-to-value ratios. American taxpayers are called upon to bail out the financial institution industry, one of the most highly regulated businesses on the planet.

Chinese and Japanese currencies are pegged against the U.S. dollar to keep products from the Ori­ent artificially cheap in U.S. markets; Detroit begins to burn. The act sends more and more dollars overseas until there isn’t sufficient wealth left in the U.S. to employ American citizens. As trades­men become unemployed they cannot pay their bills. Businesses fail from uncollected receivables. Professionals who buy $100,000 foreign muscle cars exchange American jobs for prestige and won­der why their clients no longer pay. Fully 75 percent of the cars in the Washington, D.C., area are foreign; 75 percent in and around the seat of U.S. financial policy making, 75 percent outside the windows of the U.S. Treasury and Federal Reserve. Is it any wonder why United States regulators have difficulty preserving the heritage of the United States? They are surrounded by the noxious seeds of globalization.

Foreign banks and insurance companies buy future U.S. dollar obligations like life insurance and annuities knowing they will pay claims back at $.50 on the dollar after devaluation.

1990s Loral makes illegal contributions to Clinton campaign. Clinton administration probes sale of military secrets to Chinese. Soon thereafter, China is accused of theft of sophisticated targeting hardware and software from the U.S. American citizens are targeted by Chinese ICBM’s; whereas prior to theft, China could not launch with any accuracy.

1990s Glass-Steagall Act is repealed. Barriers between commercial banking and securities indus­tries effectively eliminated for the first time since 1933.

Late 1990s Abacus Road® abused. Clinton administration reduces the constraints on derivatives, mortgaged backed securities, credit default (insurance) swaps, and other highly leveraged instru­ments that provide the capital that fuels the home mortgage bubble. This eventually leads to the financial market debacle, as banks, mortgage brokers, and other financial institutions leverage the derivatives, bundling good, marginal, as well as bad mortgages together and selling them as AAA securities.

1999 NASDAQ begins its slide in waning years of Clinton administration. Greenspan Fed begins printing money like crazy.

George W. Bush is elected.

2000 The DOW, quarterly peaks along the Abacus Road®, long term [withheld] wave com­plex.

Interest rates drop to the floor. The Fed encourages variable rate lending that has the effect of squeezing the last penny from the markets. This helps get everyone and everything into real estate. Even the poor without jobs can afford monthly payments with no money down and 2.00% mort­gage rates placed on credit cards (“got to get the poor in the door,” before the roof starts leaking and the house comes down—this has always been a gimmick of the extremely wealthy to sap every vestige of wealth from the lower classes and infuriate them against the financial system).

The Dow experiences its last ‘Hurrah!’ The media erroneously blames President Bush for the col­lapse of markets.

Smart money (the hedge funds of the elite, Bilderbergs, Trilaterals, Foreign Affairs types, among others) shorts the stock markets and then exchanges U.S. dollars for Euros. They invest in oil and gold as Abacus Road® creates price bubbles in the futures and commodity markets in sequence. This puts even more pressure on the U.S. dollar.

U.S. dollar devalues. This causes hard asset valuations like precious metals, housing, and oil to sky­rocket. 2007 the real estate bubble bursts spurred by excesses in the derivatives market. Inevitably, markets collapse and as the mortgage bubble bursts; mortgage backed securities plummet in value and carry stocks and home values with them. Mortgagors get burned as they cannot repay their loans. They lose their down payments as well as any accumulated value. The holders of securitized mortgages get burned; their investments are worth but a pittance of the money put into them.

U.S. taxpayers are called upon once more to bail out financial markets that regulators have allowed to decay. TARP plan is devised to save bankrupt mega-banks and others that invested in the de­rivatives lottery. The routine becomes overtly repetitive. The mega wealthy make out like bandits leaving the U.S. taxpayer to shoulder the burden repaying TARP loans to automobile manufactur­ers, investment houses, and mega-banks through eternity. With so much repetition is the act mis­management or a planned event? At what point does shrewd investing become organized crime?

Banks stop lending; TARP does nothing more than bolster failed mega-bank balance sheets. People begin hoarding. Small business can’t renew lines of credit for inventory and expansion. Business stops hiring and starts firing. The money multiplier collapses; cash flow stops. TARP is expanded under Treasury Secretary Geithner to bail mega-banks out of the looming commercial real estate debacle.

Financial chaos continues while the Supreme Council and its entourage bask in unprecedented wealth. Geithner asks Congress for complete, autonomous control over all financial markets. Arise the refrain:

       “Once they have you by the finances, they pretty well control your destiny!”

                                                                                                          _____The Author


Enter the vulture funds to pick up dead and dying assets at $.10 on the dollar, just as they did after the savings and loan crisis of the 1980s.

Americans, on their knees, plead for freedom from financial oppression, and then beg for socialism.