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+ | ====== Protocol No. 20 ====== | ||
+ | [[the_protocols_of_the_learned_elders_of_zion: | ||
+ | |||
+ | < | ||
+ | <p>1. To-day we shall touch upon the financial program, | ||
+ | which I put off to the end of my report as being the most | ||
+ | difficult, the crowning and the decisive point of our plans. | ||
+ | Before entering upon it I will remind you that I have already | ||
+ | spoken before by way of a hint when I said that the sum total of | ||
+ | our actions is settled by the question of figures. </p> | ||
+ | <p>2. When we come into our kingdom our autocratic government will | ||
+ | avoid, from a principle of self-preservation, | ||
+ | the masses of the people with taxes, remembering that it plays the | ||
+ | part of father and protector. But as State organization cost dear | ||
+ | it is necessary nevertheless to obtain the funds required for it. | ||
+ | It will, therefore, elaborate with particular precaution the | ||
+ | question of equilibrium in this matter. </p> | ||
+ | <p>3. Our rule, in which the king will enjoy the legal fiction that | ||
+ | everything in his State belongs to him < | ||
+ | translated into fact),</ | ||
+ | confiscation of all sums of every kind for the regulation of their | ||
+ | circulation in the State. From this follows that taxation will best | ||
+ | be covered by a progressive tax on property. In this manner the | ||
+ | dues will be paid without straitening or ruining anybody in the | ||
+ | form of a percentage of the amount of property. The rich must be | ||
+ | aware that it is their duty to place a part of their superfluities | ||
+ | at the disposal of the State since the State guarantees them | ||
+ | security of possession of the rest of their property and the right | ||
+ | of honest gains, I say honest, for the control over property will | ||
+ | do away with robbery on a legal basis. </p> | ||
+ | <p>4. This social reform must come from above, for the time is ripe | ||
+ | for it - it is indispensable as a pledge of peace. </p> | ||
+ | <h3 align=" | ||
+ | <p>5. The tax upon the poor man is a seed of revolution | ||
+ | and works to the detriment of the State which in hunting after | ||
+ | the trifling is missing the big. Quite apart from this, a tax on | ||
+ | capitalists diminishes the growth of wealth in private hands in | ||
+ | which we have in these days concentrated it as a counterpoise to | ||
+ | the government strength of the GOYIM - their State finances. </p> | ||
+ | <p>6. A tax increasing in a percentage ratio to capital will give | ||
+ | much larger revenue than the present individual or property tax, | ||
+ | which is useful to us now for the sole reason that it excites | ||
+ | trouble and discontent among the GOYIM. < | ||
+ | purpose of the 16th Amendment!!)</ | ||
+ | <p>7. The force upon which our king will rest consists in the | ||
+ | equilibrium and the guarantee of peace, for the sake of which | ||
+ | things it is indispensable that the capitalists should yield up a | ||
+ | portion of their incomes for the sake of the secure working of | ||
+ | the machinery of the State. State needs must be paid by those who | ||
+ | will not feel the burden and have enough to take from. </p> | ||
+ | <p>8. Such a measure will destroy the hatred of the poor man for | ||
+ | the rich, in whom he will see a necessary financial support for | ||
+ | the State, will see in him the organizer of peace and well-being | ||
+ | since he will see that it is the rich man who is paying the | ||
+ | necessary means to attain these things. </p> | ||
+ | <p>9. In order that payers of the educated classes should not too | ||
+ | much distress themselves over the new payments they will have full | ||
+ | accounts given them of the destination of those payments, with the | ||
+ | exception of such sums as will be appropriated for the needs of | ||
+ | the throne and the administrative institutions. </p> | ||
+ | < | ||
+ | all in the State represented his patrimony, or else the one would | ||
+ | be in contradiction to the other; the fact of holding private means | ||
+ | would destroy the right of property in the common possessions of all. </p> | ||
+ | < | ||
+ | maintained by the resources of the State, must enter the ranks of | ||
+ | servants of the State or must work to obtain the right to property; | ||
+ | the privilege of royal blood must not serve for the spoiling of the | ||
+ | treasury. </p> | ||
+ | < | ||
+ | subject to the payment of a stamp progressive tax. Any transfer | ||
+ | of property, whether money or other, without evidence of payment | ||
+ | of this tax which will be strictly registered by names, will | ||
+ | render the former holder liable to pay interest on the tax from | ||
+ | the moment of transfer of these sums up to the discovery of his | ||
+ | evasion of declaration of the transfer. Transfer documents must | ||
+ | be presented weekly at the local treasury office with | ||
+ | notifications of the name, surname and permanent place of | ||
+ | residence of the former and the new holder of the property. This | ||
+ | transfer with register of names must begin from a definite sum | ||
+ | which exceeds the ordinary expenses of buying and selling | ||
+ | necessaries, | ||
+ | impost of a definite percentage of the unit. </p> | ||
+ | < | ||
+ | these will cover the revenue of the GOYIM States.</ | ||
+ | <h3 align=" | ||
+ | < | ||
+ | definite complement of reserve sums, and all that is collected | ||
+ | above that complement must be returned into circulation. On these | ||
+ | sums will be organized public works. The initiative in works of | ||
+ | this kind, proceeding from State sources, will bind the working | ||
+ | class firmly to the interests of the State and to those who | ||
+ | reign. From these same sums also a part will be set aside as | ||
+ | rewards of inventiveness and productiveness. </p> | ||
+ | < | ||
+ | the definite and freely estimated sums be retained in the State | ||
+ | Treasuries, for money exists to be circulated and any kind of | ||
+ | stagnation of money acts ruinously on the running of the State | ||
+ | machinery, for which it is the lubricant; a stagnation of the | ||
+ | lubricant may stop the regular working of the mechanism. </p> | ||
+ | < | ||
+ | of the token of exchange has produced exactly this stagnation. | ||
+ | The consequences of this circumstance are already sufficiently | ||
+ | noticeable. </p> | ||
+ | < | ||
+ | it the ruler will find at any moment a full accounting for | ||
+ | State income and expenditure, | ||
+ | monthly account, not yet made up, and that of the preceding | ||
+ | month, which will not yet have been delivered. </p> | ||
+ | < | ||
+ | in robbing the State is its owner, the ruler. This is why his | ||
+ | personal control will remove the possibility of leakages or | ||
+ | extravagances. </p> | ||
+ | < | ||
+ | for the sake of etiquette, which absorbs so much invaluable time, | ||
+ | will be abolished in order that the ruler may have time for | ||
+ | control and consideration. His power will not then be split up | ||
+ | into fractional parts among time-serving favorites who surround | ||
+ | the throne for its pomp and splendor, and are interested only in | ||
+ | their own and not in the common interests of the State. </p> | ||
+ | < | ||
+ | no other means than the withdrawal of money from circulation. Huge | ||
+ | capitals have stagnated, withdrawing money from States, which were | ||
+ | constantly obliged to apply to those same stagnant capitals for | ||
+ | loans. These loans burdened the finances of the State with the | ||
+ | payment of interest and made them the bond slaves of these | ||
+ | capitals .... The concentration of industry in the hands of | ||
+ | capitalists out of the hands of small masters has drained away all | ||
+ | the juices of the peoples and with them also the States .... < | ||
+ | we know the purpose of the Federal Reserve Bank Corporation!!)</ | ||
+ | < | ||
+ | with the requirements per head, and cannot therefore satisfy all | ||
+ | the needs of the workers. The issue of money ought to correspond | ||
+ | with the growth of population and thereby children also must | ||
+ | absolutely be reckoned as consumers of currency from the day of | ||
+ | their birth. The revision of issue is a material question for the | ||
+ | whole world. </p> | ||
+ | < | ||
+ | THE STATES WHICH ADOPTED IT, FOR IT HAS NOT BEEN ABLE TO SATISFY | ||
+ | THE DEMANDS FOR MONEY, THE MORE SO THAT WE HAVE REMOVED GOLD FROM | ||
+ | CIRCULATION AS FAR AS POSSIBLE. </p> | ||
+ | <h3 align=" | ||
+ | < | ||
+ | the cost of working-man power, whether it be reckoned in paper or | ||
+ | in wood. We shall make the issue of money in accordance with the | ||
+ | normal requirements of each subject, adding to the quantity with | ||
+ | every birth and subtracting with every death. </p> | ||
+ | < | ||
+ | French administrative division),</ | ||
+ | < | ||
+ | money for State needs the sums and terms of such payments will be | ||
+ | fixed by decree of the ruler; this will do away with the protection | ||
+ | by a ministry of one institution to the detriment of others. </p> | ||
+ | < | ||
+ | side by side that they may not be obscured by distance one to | ||
+ | another. </p> | ||
+ | < | ||
+ | and principles of the GOYIM will be clothed by us in such forms as | ||
+ | will alarm nobody. We shall point out the necessity of reforms in | ||
+ | consequence of the disorderly darkness into which the GOYIM by their | ||
+ | irregularities have plunged the finances. The first irregularity, | ||
+ | we shall point out, consists in their beginning with drawing up a | ||
+ | single budget which year after year grows owing to the following | ||
+ | cause: this budget is dragged out to half the year, then they demand | ||
+ | a budget to put things right, and this they expend in three months, | ||
+ | after which they ask for a supplementary budget, and all this ends | ||
+ | with a liquidation budget. But, as the budget of the following year | ||
+ | is drawn up in accordance with the sum of the total addition, the | ||
+ | annual departure from the normal reaches as much as 50 per cent in | ||
+ | a year, and so the annual budget is trebled in ten years. Thanks to | ||
+ | such methods, allowed by the carelessness of the GOY States, their | ||
+ | treasuries are empty. The period of loans supervenes, and that has | ||
+ | swallowed up remainders and brought all the GOY States to | ||
+ | bankruptcy. (The United States was declared < | ||
+ | at the Geneva Convention of 1929! [see 31 USC 5112, 5118, and 5119). </p> | ||
+ | < | ||
+ | kind, which have been suggested to the GOYIM by us, cannot be | ||
+ | carried on by us. </p> | ||
+ | < | ||
+ | of understanding of the rights of the State. Loans hang like a | ||
+ | sword of Damocles over the heads of rulers, who, instead of taking | ||
+ | from their subjects by a temporary tax, come begging with | ||
+ | outstretched palm to our bankers. Foreign loans are leeches which | ||
+ | there is no possibility of removing from the body of the State until | ||
+ | they fall off of themselves or the State flings them off. But the | ||
+ | GOY States do not tear them off; they go on in persisting in putting | ||
+ | more on to themselves so that they must inevitably perish, drained | ||
+ | by voluntary blood-letting. </p> | ||
+ | <h3 align=" | ||
+ | < | ||
+ | a foreign loan? A loan is - an issue of government bills of | ||
+ | exchange containing a percentage obligation commensurate to the sum | ||
+ | of the loan capital. If the loan bears a charge of 5 per cent, then | ||
+ | in twenty years the State vainly pays away in interest a sum equal | ||
+ | to the loan borrowed, in forty years it is paying a double sum, in | ||
+ | sixty - treble, and all the while the debt remains an unpaid debt. </p> | ||
+ | < | ||
+ | taxation per head the State is baling out the last coppers of the | ||
+ | poor taxpayers in order to settle accounts with wealthy foreigners, | ||
+ | from whom it has borrowed money instead of collecting these | ||
+ | coppers for its own needs without the additional interest. </p> | ||
+ | < | ||
+ | money from the pockets of the poor to those of the rich, but when we | ||
+ | bought up the necessary persons in order to transfer loans into the | ||
+ | external sphere, < | ||
+ | wealth of States flowed into our cash-boxes and all the GOYIM began | ||
+ | to pay us the tribute of subjects. </p> | ||
+ | < | ||
+ | to State affairs and the venality of ministers or the want of | ||
+ | understanding of financial matters on the part of other ruling | ||
+ | persons have made their countries debtors to our treasuries to | ||
+ | amounts quite impossible to pay it has not been accomplished | ||
+ | without, on our part, heavy expenditure of trouble and money. </p> | ||
+ | < | ||
+ | there will be no State interest-bearing paper, except a one per-cent | ||
+ | series, so that there will be no payment of interest to leeches that | ||
+ | suck all the strength out of the State. The right to issue | ||
+ | interest-bearing paper will be given exclusively to industrial companies | ||
+ | who find no difficulty in paying interest out of profits, whereas | ||
+ | the State does not make interest on borrowed money like these | ||
+ | companies, for the State borrows to spend and not to use in | ||
+ | operations. < | ||
+ | 1963 when he refused to borrow any more of the "Bank Notes" | ||
+ | from the bankers of the Federal Reserve Bank and began circulating | ||
+ | non-interest bearing " | ||
+ | of America" | ||
+ | < | ||
+ | which from being as now a paper of tribute by loan operations will | ||
+ | be transformed into a lender of money at a profit. This measure will | ||
+ | stop the stagnation of money, parasitic profits and idleness, all of | ||
+ | which were useful for us among the GOYIM so long as they were | ||
+ | independent but are not desirable under our rule. </p> | ||
+ | < | ||
+ | brute brains of the GOYIM, as expressed in the fact that they have | ||
+ | been borrowing from us with payment of interest without ever | ||
+ | thinking that all the same these very moneys plus an addition for | ||
+ | payment of interest must be got by them from their own State | ||
+ | pockets in order to settle up with us. What could have been | ||
+ | simpler than to take the money they wanted from their own people? </p> | ||
+ | < | ||
+ | have contrived to present the matter of loans to them in such a | ||
+ | light that they have even seen in them an advantage for themselves. </p> | ||
+ | < | ||
+ | the light of centuries of experience gained by experiments made by | ||
+ | us on the GOY States, will be distinguished by clearness and | ||
+ | definiteness and will show at a glance to all men the advantage | ||
+ | of our innovations. They will put an end to those abuses to which | ||
+ | we owe our mastery over the GOYIM, but which cannot be allowed in | ||
+ | our kingdom. </p> | ||
+ | < | ||
+ | the ruler nor the most insignificant public servant will be in a | ||
+ | position to divert even the smallest sum from its destination without | ||
+ | detection or to direct it in another direction except that which will | ||
+ | be once fixed in a definite plan of action. < | ||
+ | " | ||
+ | Service," | ||
+ | the " | ||
+ | " | ||
+ | Treasury of the United States?? | ||
+ | < | ||
+ | along an undetermined road and with undetermined resources brings to | ||
+ | ruin by the way heroes and demi-gods. </p> | ||
+ | < | ||
+ | distracted from State occupations by representative receptions, | ||
+ | observances of etiquette, entertainments, | ||
+ | rule. < | ||
+ | "Black Nobility"? | ||
+ | who replaced them in the sphere of affairs were drawn up for them by | ||
+ | our agents, and every time gave satisfaction to short-sighted minds | ||
+ | by promises that in the future economies and improvements were | ||
+ | foreseen .... Economies from what? From new taxes? - were questions | ||
+ | that might have been but were not asked by those who read our | ||
+ | accounts and projects. </p> | ||
+ | < | ||
+ | to what pitch of financial disorder they have arrived, | ||
+ | notwithstanding the astonishing industry of their peoples .... </p> | ||
+ | </ |