Creature From Jekyll Island by G. Edward

During the transition period, the old money may be exchanged at any bank at the ratio of one Bancor for five-hundred dollars. All existing contracts expressed in dollars—including home mortgages—are now converted to Bancors in that same ratio.

In the same announcement, the Secretary advised that the

IMF/World Bank was backing this new money with something far more precious than gold. Instead, it will be backed by the assets of the world. These include bonds from the participating governments plus millions of acres of wilderness lands that have been deposited into the UN "Environmental Bank."1 The National Parks 1. " D e b t - f o r - n a t u r e " s w a p s w e r e p r o p o s e d at the 4 t h W o r l d W i l d e r n e s s C o n f e r -

ence h e l d i n D e n v e r , C o l o r a d o , i n 1987 a n d they are b e i n g i m p l e m e n t e d r i g h t n o w .

Costa Rica, Bolivia, a n d Ecuador have a l r e a d y agreed to s w a p their d e b t in exchange f o r a c o m m i t m e n t t o p r e v e n t w i l d e r n e s s areas f r o m b e i n g d e v e l o p e d . U N

c o n t r o l o v e r those lands is inevitable.

A PESSIMISTIC SCENARIO

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and forests of the United States have been added to those reserves, and they will now be under the supervision of the UN Wilderness Asset Preservation and Enhancement Agency (WAPEA). From this date forward, the Federal Reserve System will operate as a subdivision of the IMF which is now the central bank of the world.

Although the Secretary did not mention it in his public appearance, the UN treaty also obligated the government to put restrictions on the use of cash. Every citizen is to be issued an international ID card. The primary purpose of these machine-readable cards is to provide positive identification for all citizens at transportation depots and military checkpoints. They also can be used by the banks and stores to access checking accounts, which are now called debit accounts.

Every citizen is being issued an account in a bank near his place of residence. All payments by employers or government agencies will be made by electronic transfer. Cash transactions larger than five Bancors will be illegal in three months. Most expenditures will be paid by debit card. That is the only way in which the UN

Monetary Transaction Tracking Agency (MTTA) can combat counterfeiting and prevent money laundering by organized crime. That, of course, is camouflage. The government complex issuing the new money is the greatest perpetrator of counterfeiting and organized crime the world has ever seen.1 The real targets are political dissidents and those escaping taxes in the underground economy.

No one will be allowed to earn or buy or sell without this ID

card, nor will they be allowed to leave the country or even to migrate to another city. If any government agency has reason to red-flag an individual, his card will not clear, and he will be blocked from virtually all economic transactions and geographical movements. It is the ultimate control.

The new money offers the Cabal yet one more benefit. There can never be another run on the banks, because it is now illegal to demand currency.