A MONTHLY LESSON IN CRIMINAL POLITICS

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP85M00364R002204280069-2
• Release Decision: RIFPUB
• Original Classification: K
• Document Page Count: 15
• Document Creation Date: December 20, 2016
• Document Release Date: December 19, 2007
• Sequence Number: 69
• Publication Date: August 31, 1983
• Content Type: OPEN SOURCE

Approved For Release 2007/12/19: CIA-RDP85M00364R002204280069-2
UV
AUGUST31, 1983
r Ab 0
we"N N 9 -
Ail
TRILATERALS
FORCE
REAGAN ABDICATION
AMERICA ? I N PERIL !
ww Ire w Ju.tke eaaartmmt paign atdd d
umee IReiemt de.u? ar... reara of s ta euterW
Mion gam o tIt tw FL caq
roman ganovathy? te. 111101 wet Fte.r Nenr
cc. to P er,d me W et "ettry vSawe .r rt.odud pots
to prel~detR ee amt.gou. s IULT:'
.. The impression is given that all wholesale prices
are FLAT - - when only 13 items are flat !
... The 1982 increase in wholesale prices was 3.7% and the
govt admits to a 6% annualized rate of gain in May and June of '83!
The fact is - - that inflation is already well under way - - as
indicated by the Economist - "All Items Commodities Price
Index" and the chart done by friend Ian McAvity showing the
12-month rate of change in that Index ! ..... Only the strength
of the dollar has masked increase in prices in America. I agree with
Ian McAvity's analysis that the price cycle must be judged to be at
a point similar to late '71, mid '76, and mid '78 - al/ points in time
prior to massive runups in dollar commodity prices I I .....
DOES THIS LOOK LIKE "Prices are marking time?"
- - as indicated by Business Week ? ?
1980 1
1981
1982
1983
1984
%
+30
THE ECONOMIST ALL ITEMS
COMMODITY PRICE INDEX , +25% L
12 Mo RATES OF CHANGE
+20
+15% DM
IKt
+10
-10
COMMODITY PRICE MOMENTUM
WITH THE INDEX TRANSLATED
INTO STERLING, S-MARKS AND
20
DOLLARS TO REFLECT THE BIG
IMPACT OF CURRENCY VALUES
 Approved For Release 2007/12/19: CIA-RDP85M00364R002204280069-2
Page 11- Volume 4000 - Issue 93 - Mr. Patterson is Chairman of the Silver Dollar Political Action Committee;
Member, International Association of Financial Planners; Life member, Committee for Monetary Research and
Education, and the American Numismatic Ass'n. Subscriptions: Yearly $149.95; 6 mos. $85. Overseas:
Yearly $195; 6 mos. $97.50 - (No commercial use permitted). Subscribe by Mastercard or VISA by calling
toll free 1-800-543-0486. (Ohio 1-513-621-7100). (019-93
... Furthermore, there is little likelihood of turning back
to a trend of lower prices. It hasn't happened in the past - - and
it isn't likely to occur now. When combined with the increase in
the money supply (also being discussed in the press in glib terms)
- - we have the basis for an explosion in prices. Here are the
Commodity indexes which are reported in each Friday's Wall
Street Journal - but in the smallest possible type - - and in the
most obscure locations.
JULY 15, 1983 YR.
CLOSE AGO
NET
CHANGE
DOW JONES FUTURES
144.67
126.
+13%
DOW JONES SPOT
141.85
125.
+12%
REUTER UNITED KINGDOM
1854.10
1572.
+16%
... Therefore, while the WSJ captions say one thing - -
the statistics say something else ! ! We are in the midst of a price
explosion and it is far too late to hope to liquidate metals and
mining share positions in hopes of acquiring later - - after having
made some other.profitable.,"big move" with the funds therefrom.
THE TWO-YEAR LAG -- IN MONEY AND INFLATION --
seems to have evaporated !
... The worst news is - - that historically there has been
a 24-month lag between the upturn in the money supply and the
inflation rates. This time the upturn in inflation appears to be
coming within 12 months after the money supply began moving up.
This is an ominous sign ! When the dollar begins its decline, which
it must ultimately, (as U. S. and European interest rates move more
in to line) - - the inflation rate as measured by the wholesale
price index and the CPI will virtually explode. Based on the Fed's
statement July 20, the diversions between U. S. and European rates
will begin to narrow, allowing the dollar to gradually slip. There-
fore, by early 1984 we should have inflation rates which are
shocking to everyone concerned - - (if) they are allowed to be
published.
... If gold is still held down by New York banks dumping
of metals, the silver price will begin to move up strongly and sooner
or later, gold will break through the small volume of continuous
liquidation going on to depress the gold price I ..... Once the
breakthrough is made - - gold will react like a depressed spring,
just as in the past - - when gov't attempts to depress the metal
were foiled. There has never been a gov't attempt to depress metals
that has succeeded; therefore, PSLm's can hold your metals posi-
tions with confidence.
POTPOURRI :
O'NEILL - - FORCED TO
DELAY VOTE
ON BANK BAILOUT !
... We've won the first round ! On Thursday, 7-21-83,
Tip O.Neill was forced to delay the vote on the IMF bank bailout -
He admitted he didn't have the votes to pass the bill ! Congratula-
tions to you our readers - YOU did it I ..... Naturally, when the
Trilaterals don't have the votes - - they have the option to delay
- gain time and regroup ! ..... That's a luxury we don't have.
When our measures come up for a vote, there are no delays - it's
either "put up or shut up"..... Not so for the opposition.
Nonetheless, it's good news and a victory ! It indicates an under-
standing of "Tri/atera/politics" - - throughout the land ! .....
An informal poll showed that only 130 out of 425 members
supported the IMF bank bailout - (A devastating defeat !) ...
and what did the President do? He got on the radio Saturday
morning and attacked the conservative groups who defeated the
bailout ! He has been arm-twisting House members by personal
telephone calls ever since I ..... The bill is called The Inter-
national Recovery and Financial Stability Act (HR 2957). Leading
the Republicans for the bank bailout is Mark Hatfield, R-Oregon.
Make no mistake, they won't give up - you must continue to write
your Congressman if you expect to defeat the bill.
HATS OFF TO HOWARD RUFF -- AND HOWARD PHILLIPS!
... Special thanks to Howard Ruff and Howard Phillips,
head of the Conservative Caucus, for the temporary defeat of the
IMF bill. Ruff has mailed 1.8 million copies of an expensive
12-page brochure prepared by Richard Viguerie urging opposition to
the bank bailout. The result so far - - at least 200,000 hostile
postcards on Capitol Hill since June ..... Now a diverse group
from the left and middle spectrum are joining the Rockefeller
Bailout Battle ! ..... The Washington-based policy arm of the
United Methodist Church (the Environmental Policy Center) and
Ralph Nader's (would you believe) Public Interest Research group
have begun to fight the bill ..... In opposition - - (favoring
the bailout) - - is the U. S. Chamber of Commerce, the National
Association of Manufacturers, and the Trilateral Party represented
by the Business Roundtable, The Council on Foreign Relations, and
the large New York banks I .....
Part of Howard Ruff's - - anti- Trilateral mailing !
0
SHOULD AMERICAN TAXPAYERS BAILOUT
DAVID ROCKEFELLER'S CHASE MANHATTAN
BANK TO COVER BAD LOANS MADE TO
COMMUNIST COUNTRIES?
^ YES NO
... Right AND left-wing factions now recognize the House
bill as a thinly disguised bailout for Rockefeller's banks. Also active
is Rep. Tom Corcoran (R-Illinois) who is going to battle it out with
the so-called "Republican" Charles Percy in a primary campaign
next year I Meanwhile, (in the midst of all this) - - the banks
continue to lend to East Bloc countries : incredibly, both
Yugoslavia and Czechoslovakia are arranging tens of millions of
dollars in new bank loans. Here is the WSJ announcement of 7-21
- - on the same day the IMF Bill was delayed. They are so confi-
dent of ultimate victory - - that they are continuing to announce
new loans in the midst of the Congressional battle -How could
they be so confident of victory ? ? Is it because they have the
President in their pocket ? ? - - Distribute at least 100 copies
of this issue to make SURE they fail !
Czechoslovakia Asks
Bank to Help Arrange
Loan of $50 Million
Sp,CVa19. T.' W elx. ararr JOUmr, ,.
LONDON - Czeehoslovakfa has askec
Deutsche Bank to arrange a $50 million,
Four-year loon from a ~r.+n n~~n nr t