2ndlook

Population Problem – Western Paranoia & Eastern Gullibility!

Posted in Business, Current Affairs, Environment, European History, History, Media, Uncategorized by Anuraag Sanghi on January 30, 2008

In 1972, the Club of Rome’s The Limits to Growth (Universe Books) suggested that at exponential growth rates, the world would run out of gold by 1981, mercury by 1985, tin by 1987, zinc by 1990, petroleum by 1992, and copper, lead, and natural gas by 1993. The end was nigh.” – From the Reason website.

Sleepless nights & billions required

Bill Gates cant sleep at night. He is a worried man. He is spending billions (ok … ok … not billions for now … just hundreds of millions) to solve this problem. Ted Turner is equally worried. Ted Turner ‘thinks’ that people will eat people – instead of food, which will become scarce. He has already given away billions – and waiting in line to give away more. David Packard (of Hewlett Packard) was an equally worried man. His foundation has given hundreds of millions each year.

What’s worrying them? Linux? Naah Why worry? Is anyone else making money?. Mobile phones OS. That is Nokia’s problem. Google? They are a long way off. Let them get closer.

So, what is it? It is the thought of all the Asians, Browns and the Blacks in the world having sex. And the children they will have. The Packard family, Bill Gates, Ted Turner are not alone in having the population crisis and the people bomb on their mind.

Kill The Problem At The Root

Before the chemical process for synthesis of chloroquine phosphate (for malaria treatment) was invented, the most popular synthetic compound was quinacrine. Quinacrine fell out of favour as patients did not tolerate quinacrine well and after a course of quinacrine, acquired a yellow complexion. Choloroquine phosphate became the anti-malarial drug of choice.

What happened to quinacrine. The world forgot about it. Except a small Swiss company, Sipharm Sesseln AG. This company was making quinacrine for two Americans – Stephen D.Mumford, and Elton Kessel.

What were these two doing with quinacrine.

They want to change the world with quinacrine – by sterilising women in the Third World.

“This explosion in human numbers, which after 2050 will come entirely from immigrants and the offspring of immigrants, will dominate our lives. There will be chaos and anarchy,” said Stephen Mumford.

They had read Paul Ehrlich’s The Population Bomb. They were worried. Just imagine living with Blacks, Indians, Vietnamese, Banglas, etc!

Urgh! And urgh again! Yech … yech …

How much money did Mumford and Kessel make? Nothing at all! They were true believers – in their own race. They just wanted to use this cheap drug technology to stop reproduction of other races.

They were funded by rich anti-immigration individuals in the US – and they used a untested and unapproved method of sterilisation. When poor women came for health examination (especially pelvic), these two and their associates, injected quinacrine, which causes an internal bodily reaction which impairs subsequent reproduction. This method may also cause cancer, heavy menstrual bleeding, pain and fever. Very soon they notched up impressive numbers – more than 1,00,000 such sterilisations in Vietnam, another 1,00,000 in India, and another 1,00,000-2,00,000 in the rest of the world.

This story won awards. The writer’s name – Alix M. Freedman. When this story broke out on WSJ, there was heat. To certify the safety of this procedure, anti-immigration groups put up a an Indian doctor.

What did the manufacturer have to say about the risk of the product? Sipharm Sesseln AG President Fritz Schneiter told her (Alix M. Freedman) “But it isn’t our role to check if this is safe or not. We aren’t the conscience of the world.”

Where did this madness begin. There are many threads to this story.

One thread …

Robert McNamaraIn the beginning

In 1937, this young ‘genius’ (supposedly) scored 800 all correct answers in his GMAT test (reputedly, a first in the history of GMAT) – and joined Harvard Business School. Harvard milked this story to sell its struggling business school. In the next 60 years, (as the urban legend goes) only 3 others scored 800 points – all Indians (confirms IIT, Mumbai website).

During WW2

The young ‘genius’ was Robert S. McNamara (ironically, S. stands for Strange). During WW2, he was a part of the Statistical Control Office. Statistics is what the legendary Edward Deming used to increase production and improve quality during WW2 in the USA. Robert McNamara, Col. Charles B. “Tex” Thornton and 8 others were a team that were in-charge of war transportation and logistics. They made these ‘boring’ jobs glamorous – and used their academic excellence to create an aura around themselves.

At Ford Motors

After WW2, this team joined Ford Motors. The Ford PR team promoted them as the Whiz Kids, the American press lionized them, even as Ford’s business results were ordinary. This Ford connection was to prove relevant to McNamara’s activity later, we will see. The Ford in charge of the company was Henry Ford II, a direct descendant of the racist Henry Ford, who bankrolled Hitler and funded research into Eugenics – whose most famous practitioner turned out be Joseph Mengele.

L to R - U.S. Army Chief of staff General Maxwell Taylor, Robert S. McNamara and President John F. Kennedy. (Image - Photo: Agence France-Presse -- Getty Images; Courtesy - nytimes.com). Click for larger image.The Kennedy Presidency

In 1961, Robert McNamara became Secretary of Defense under President John F. Kennedy. Kennedy’s presidency was marred by more scandals than any other. Joseph Kennedy, JFK’s father made his fortune from bootlegging, many Wall Street Scams – and reputed shorted the market, which resulted in the Great Depression. On the other side was the inspired leadership of Ho Chi Minh.

The story picks up speed

In 1954, the Viet Minh defeated the French Army at Dienbienphu. Eisenhower outlined the infamous Domino Theory – based on Anglo Saxon paranoia that the whole world was against them (unfortunately, not true) and an assumption that Asia was retarded and incapable of making a suitable political choice – and that the Anglo Saxons knew better. The French handed over their mess to the Americans and walked away in 1956. And thus started McNamara’s War.

Sinh Cung Nguyễn - Ho Chi MinhFools Rush In Where Angels Fear To Tread

Kennedy-McNamara turned this into a war. Lyndon Johnson (on advice of McNamara) increased American involvement against the Vietnamese – without permission from the US Congress, which is essential as per US constitution. Then began the lies, duplicity, covert operations – directly monitored by McNamara. No wonder, McNamara boasted that “each hour of testimony requires 3 to 4 hours of preparation.”

The Vietnamese had the support of the Russians and the Chinese. American troops increased to 500,000 in this unconstitutional (and hence, illegal) war. Cost to the USA – more than 200,000 dead or disabled. Cost to Vietnam – incalculable.

What McNamara Learnt From Vietnam

Americans lost the Vietnam War. Against a determined enemy (like the Viet Cong), the technological edge that America had was not very useful. Worse, American technological edge, was only temporary. The experience of the Vietnam War, preyed on McNamara’s mind. The Vietnam War brought home the reality that India and China could raise an army bigger than the entire population of United States.

McNamara’s unique contribution to the Vietnam War was ‘body count’

he was so impressed by the logic of statistics that he tried to calculate how many deaths it would take to bring North Vietnam to the bargaining table … (later) he wanted to know why his reckoning had been wrong, why the huge casualties that he had helped inflict had failed to break the will of the men in Hanoi …

His ruminations about this began at the Americans’ April meeting in Washington, where he, Cooper and General Vesser agreed that casualties did not seem to weigh heavily with North Vietnam …. “Was there any consideration of the human cost in Hanoi as they made these decisions?” McNamara asked. “Is the loss of life ever a factor?” He noted that while 58,000 Americans had been killed, the most authoritative estimate — in a September 1995 article by General Uoc — put the number of Vietnamese deaths at 3.6 million. “It’s equivalent to 27 million Americans!” McNamara exclaimed.

To explain this to himself, he remembered … There were some people to whom life was not the same as to us, he reasoned as he stood one evening in the hotel lobby. (Ellipsis, bracketed text mine).

He was right. Only he could have killed an equivalent of 27 million Americans – and still talk about the value of life, with a straight face. For American neo-colonial objectives.

Against America’s temporary technology superiority, the population superiority that the Indians and the Chinese had was permanent. India’s subsequent rise in technology (with engineering skills in software, pharma, automobiles, etc.) and the Chinese rise in manufacturing proved some of McNamara’sLester Thurow ‘fears’ true. McNamara’s legendary quantitative skills made him a convert to The Population Crisis propaganda.

The Population ‘Crisis’ Ideology

You win, we lose.

That is what Lester Thurow proposed in his book, The Zero Sum Game. The ‘rise’ of India and China is a threat to America – and the West? In Anglo Saxon terms, the ‘rise’ of India and China is a zero-sum gain.

If India and China prosper, the West will lose, goes the paranoid thinking. Contributory growth as opposed to supplanting growth is an alien concept in Anglo Saxon strategy. Hence, the theory that population is the biggest problem for India and China – was ‘created’ as a development strategy.

The Ugly American Book CoverHow the Developing World was sold this dud

Initially the Carnegie Endowment and the Ford Foundation worked with USAID, (part of the US Government) to sell this theory – specially to the Chinese and the Indians. Since, there was no ‘apparent’ economic or political interest of the Americans, this paranoid construct was given respect as a theory. This lack of ‘apparent’ self interest also helped the ‘Ugly American’ (The Ugly American, by Eugene Burdick William Julius Lederer) to cover his face.

Next, the American economic aid started coming with the ‘population control’ strings attached. It took a while for the dots to start getting connected. At the first whiff of a scandal, USAID, Ford Foundation and Carnegie Endowments handed over this project to the UN, World Bank and IMF. This gave the Population Control programme, the respect it did not deserve.

Paul Ehrlich, Robert McNamara, Club Of Rome – False Doomsdayers

Paul Ehrlich

Paul Ehrlich

Paul Ehrlich’s The Population Bomb (1960 coincided with the start of Robert McNamara’s World Bank stint. Together, the “smartest man” (Lyndon Johnson’s description of Robert McNamara) and Paul Ehrlich did a hatchet job on this. Economists Herman Kahn and Max Singer (of the Hudson Institute) did come out with a alternative model which disproved this theory. Yet in the midst of the din, the furore and the determined PR push by various UN bodies, the World Bank and the IMF, poor Third World countries never examined this theory critically.

The Western world synchronised and the infamous Club of Rome’s The Limits to Growth predictions were released

the world would run out of gold by 1981, mercury by 1985, tin by 1987, zinc by 1990, petroleum by 1992, and copper, lead, and natural gas by 1993. The end was nigh” intoned the The Club Of Rome (from Reasononline …).

This psuedo-academic report was jointly authored by heavyweights – Donella H. Meadows, Dennis L. Meadows, Jørgen Randers, and William W. Behrens III.Reason Cartton - Paul Ehrlich

The venue for the release of this report was carefully chosen – Smithsonian Institute, to give it an air of solidity and authority. This report itself was released with much fanfare, publicity and PR. Yale economist Henry C. Wallich noted,

the quantitative content of the model comes for the authors’ imagination, although they never reveal the equations that they used.”

Economist Julian Simon rubbished this theory and made the famous Simon-Ehrlich US$100 bet – against the population doomsdayers. Julian Simon won the bet. Of course, he may bet either because he believed in the continued dominance of the western mode of exploitation or the inability of the rest of the world to stop this exploitation.

Un Helps?The bottom line was that these economists (the Ehrlich’s, The Club Of Rome, The McNamara’s, etc.) wanted the poor of this world to feel guilty about sex, about electricity, about having cattle, drinking milk and eating food.

Western critics (like critics Hermann Kahn and Max Singer) of the population theory were saying “Why bother? Our technology and military, economic might ensure that they (the poor) never lay their hands on the goodies!”

Popuation Crisis and The Population Problem

Nothing but re-packaged Eugenics programs of Pre-WW2. Hitler made these programs notorious. Hence, family planning and population crisis and population problem became other names for the same programs that killed more than 10 million Jews, Roma Gypsies and others. The repackaging and reselling was supervised by World Bank – under Robert McNamara.

McNamara’s two wars – on Vietnam and population control (of India and China) have both been a disaster. Strange, that a ‘genius’, supported and backed by the world’s only ‘superpower’ and the largest economy, could not achieve much against backward and developing nations like Vietnam, India and China.

What Is The Impact

Sanjay Gandhi at the Maruti factory before nationalization (Image courtesy - outlookindia.com.).

Sanjay Gandhi at the Maruti factory before nationalization (Image courtesy - outlookindia.com.).

The Chinese Communist dictatorship rammed this policy down the poor Chinese throat – and still does. Vietnam has made its citizens into guinea pigs. India was ideologically committed to this and practically did little. Call this ambivalence – except for a brief while during the 1975-1977 Emergency. During the Emergency phase, Sanjay Gandhi in India very much did, what had happened in the US and Europe earlier under the Eugenics laws. Forcible sterilisations and human rights abuses. The ethical ramifications are real and present.

The greater damage in India (and in the rest of the world) is the disrespect it has created for humanity amongst the administrative class and the advantaged. The population problem is ‘others’ – and western altruistic ethics and racist ideologies sanction solutions for the ‘greater good.’ Indian ethical system and constructs approve of purusharth पुरुशार्थ – धर्म dharm (righteousnss) arth, अर्थ (wealth), काम kaam (desire, including sexual desire) and मोक्ष moksh (deliverance, freedom, liberty at various levels, political, social, from life and death, from death by a thousand cuts) and disapproves violence against the living as they are vaasudevaiya kutumbakam (all living are God’s creation). The other damage is the to the self esteem of country.

Of course, once a population gets on this train, it is difficult to get off. In another 25-40 years, China will face the reality of slowing population growth, an aging population, increased health costs, increased capital spending to increase productivity. In short, the insurmountable problems that Western societies and Japan are wrestling with.

In India three aspects have kept this policy from being implemented. Children are seen as nandlala नंदलाला and balagopal बालगोपाल (instead of naughty children controlled by satan, shaitan) – popular expressions of respect for a new life. Combine this with the democratic backlash against the population policy in India in 1977 elections, and you have a case of lost political will. What has driven the final nail in the coffin is the healthy disrespect (some would even say contempt) for western ideas that non-English speaking Indians (which is more than 90% of India) have for western ideas.

The Economics of Population Control

The population theory does not stand up to any economic logic. Humans beings are the biggest factor in the production process. How can people become a problem? More people mean more production, bigger markets, lower costs, larger tax base, et al. False data, false assumptions, false propaganda (deliberate use of an oxymoron to make a point) have all been used to ‘sell’ this theory. Lower population growth is increasing health costs, aging populations, decreasing competitiveness. The Western societies were able to progress over the last 100 years at the expense of developing world.

The fight between these western proponents and western critics of the population control theory was not about equity or about ecology. The proponents were working hard to ensure that the poor did not demand or ask for resources.

The critics (cynics) were in fact saying that the poor were too weak to challenge the powerful rich countries – and what the west must do to keep them weak.

The Green Arguments & Population ControlIndian Cows Fart Too Much

By the later 1990’s the Green lobby, global warming, Ozone layer, environment had become an issue. The Kyoto protocol negotiations began. As usual, the Western world (led by the Anglo Saxon Bloc) dumped this problem onto the developing world. Secure a greener earth – at the cost of the poor.

Cattle in India started getting blamed for global warming (Indian cattle fart too much!). UN and FAO got involved in this psuedo scientific study.

Global Warming Is A 3rd World ProblemWhile 10% of the earth’s population, in the developed world (largely the western world) does not adequately price or cost the ecological damage they cause, into their production, the post facto price is borne by the rest of the world (90% of the world population). This damage is then inversely blamed on increasing population of the under-developed world!

An exquisite instance of acrobatics in inverting logic.

Amartya Sen, Gandhiji, Food, Population and Greed

In a landmark study in famines, economic policy and food availability, (by) Amartya Sen says,

“There has been a good deal of discussion recently about the prospect of food supply falling significantly behind the world population. There is, however, little empirical support for such a diagnosis of recent trends”. Further, he goes onto say, “… famines can take place without a substantial (decline in) food availability decline is of interest mainly because of the hold that food availability approach has in the usual famine analysis…” (Italics and ellipsis mine).

Gandhiji had something to say – “Earth provides enough to satisfy every man’s need, but not every man’s greed”.

The West in its greed wants to leave nothing for others – and this entire population conspiracy has been invented so that the victim delivers himself on sacrificial altar of western greed.

History of Population Control – Many Fathers

Another thread. Malthusian stories and Social Darwinism.

Population pressures leading to destruction and chaos was still-born concept – propagated by Thomas Robert Malthus from (yes, you guessed it right), an Anglo Saxon economist whose theories have remained just that – malignant theories. One of the landmark studies on this is by Paul Jalsevac in his study, “The Inherent Racism Of Population Control.”

But more insidious was the Eugenics program. This psuedo-scientific program was initiated, yes again, by another Anglo Saxon, Sir Francis Galton (related to Charles Darwin, the British co-originator of the Evolution Theory). The Eugenics programme was designed to create a ‘superior’ race of people – and ‘eliminate’ defective people and births. It gained many high profile adherents – and finally responsible for many medical, psychiatric and political abuses.

Eugenics In The USA

It attracted big ticket backers. John Harvey Kellogg (of Kellogg cornflakes) was an early sponsor and formed a “partnership” with the Race Betterment Foundation. Andrew Carnegie (1835-1919) established the Station for Experimental Evolution at Cold Spring Harbor, Long Island, in 1904 – a centre for Eugenic research. In 1937, before, the start of WW2, when it became apparent that Hitler had hijacked Eugenics and where Eugenics was going, the Carnegie Foundation changed direction – and renamed the Eugenics Record Office to Genetics Record Office. After WW2, in 1952, the USA needed some ‘special weapons’. The Carnegie Foundation stepped in to assist the research. What were these ‘special weapons’ – new birth control methods.

Henry Ford was a supporter of Eugenics – and one of the most notorious Eugenics practitioner was Michael Teitelbaum – who worked with the Ford Foundation till the 1970’s – shaping population policy matters for world consumption. Clarence J Gamble, (of Proctor & Gamble) fame, advocated population control amongst the poor, Puerto Ricans, Negros – as they were a problem. The wives of Edward Henry Harriman, (financier and railway tycoon) and HB Dupont, were some of the others who participated in the Eugenics projects.

Today, the newly renamed Planned Parenthood Federation of America receives funding from the US Government, billionaires like the Hewlett family and the Packard family, Ted Turner of CNN fame, Bill Gates of Microsoft amongst others.

Three generations of imbeciles are enough

These abusive actions were possible due to legal sanction by the US Courts. A celebrated Supreme Court judge, Oliver Wendell Holmes, decided that

“…the public welfare may call upon the best citizens for their lives. It would be strange if it could not call upon those who already sap the strength of the State for these lesser sacrifices …” (Italics and ellipsis mine)

of getting sterilised, lobotomised, committed to mental asylums on flimsy grounds, become guinea pigs for dubious medical research.

This judgement’s admirers were found all the way till Germany. Was Oliver Wendell Holmes very far from Nazi Germany? Not if you consider the Binding-Hoche study (Karl Binding was a lawyer and Alfred Hoche, a doctor). The Binding-Hoche study suggested that the German state had already lost its best people during WW1 – and hence the country was filled with ‘human ballast’. To remedy this situation, they suggested that these ‘inferior elements’ should be eliminated – much like what the American Chief Justice said. During the Nuremberg trials, the Nazis did cite the US practices of sterilisations, lobotomies, euthanasia as a defence.

Yes, instead of acting as parens patriae, which would be the first duty of the court, the US Supreme Court colluded with the executive to deny basic rights to the incapable, in the land of the free. This was much like slavery was approved by the US Supreme Court in the Dredd Scott vs Sandford case. Chief Justice Taney not only ruled that slavery was legal, but barred slaves from approaching the US Supreme Court.

Eugenics In Europe

The most notorious on Eugenics in Europe was Hitler who killed 60 lakh Jews and another 40 lakhs of Gypsies and assorted segments of the population. Montagu Norman, the Chief Of Bank England, who supervised the economic drain from India was another famous follower of Eugenics. Much before these practitioners of Eugenics, were others. Such racist concepts were tried by Germany – in Paraguay. Germany decided to breed a race of superior White Germans, in the colony of Nueva Germania. Heading the Nueva Germania project was Elizabeth Nietzsche – brother of Frederick Nietzsche.

In Britain, Julian Huxley, grandson of Thomas Henry Huxley, first head of UNESCO, brother of Aldous Huxley, joined the population propaganda machine. Julian Huxley called himself a ‘scientist’ and

advocated a much greater use of … Eugenic Insemination, … deep-frozen sperm banks containing donations by eminent men, Nobel Prize Winners … from which a prospective mother could choose … Huxley hoped that many of the users of such a sperm bank would opt for intelligence and he calculated that if the mean IQ of the population could be raised by as little as 1.5 per cent this would lead to a 50 per cent increase in the number of people with an IQ of 160 or more …” (from the galtoninstitute website).

This kind of psuedo-science was used by UN and the various population control propagandists to further their agenda.

This Doesn’t Happen Now

A law inspired by Eugenics was in force and utilised in the state of Orgeon, till 1980. 33 states in the USA approved eugenics laws during 1900-1925. An estimated 60,000-1,00,000 people were forcibly sterilised using these laws. Switzerland repealed forced sterilisation laws against the Romani Gypsies only in 1972.

New names for old ills continue. The new exercises in this could be the SARS and the Bird Flu. A few humans or birds die (due to respiratory complications) and entire continents are devastated. Is this another form of ‘conditioning’ for future bio-terrorism or bio-warfare? These new kinds of global hysteria use ‘neutral’ bodies – like the UN and World Bank to whip up fear, rumours and over reaction.

You still don’t believe that this happens even now?

The largest donors to the population control organisations in the last 10 years are (hold onto you chair or whatever) Bill Gates (of Microsoft-Windows fame), Ted Turner (of CNN-Time Warner) and David & Lucille Packard Foundation (co-founder of Hewlett Packard). It is re-run of the same story. Population Control is funded by the rich (in the USA) as they feel threatened by the poor of this world, especially if the colour of the poor is different.Nandan Nilekani

Post Script

On February 16, 2008, I read a post in Business Standard, one of India’s leading business newspaper. It carried a preview of a book by Nandan Nilekani, a business leader and director of Infosys. Nandan Nilekani says, his book traces (apart from other subjects) how India has “gone from seeing population as a burden to population as a source of human capital.” That is the good news.

Farcically, in the same breadth, Nandan also overestimates the importance of English. Is he implying that without English, India would have been backward like – China, Japan, Germany, Russia, Italy, Korea. In fact dear Nandan, show me one country that has become significant using some other country’s language – in the last 4000 years of history. Look again Nandan, Take A Secondlook. By 15th August, 2008, Nandan Nilekani, was invited to write for Economic Times. This time around, Nandan did not make too much on the importance of English language. Attaboy, Nandan!

China Takes Secondlook At One Child PolicyThe tide is turning. One month after this post(dated Jan 30th, 2008), China decided to take a secondlook at their population policy (on Feb 27th, 2008, link embedded). And on 4th March, Economic Times, India’s leading daily informed,“China takes second look at one-child rule, 4 Mar, 2008, 0231 hrs IST, AGENCIES.” In case the link does not work, click here China Takes Secondlook At One Child Policy.

An alarmed USA Today, wrote China ‘Considers changing one-child policy’. But the New York Times re-assured its readers that “this change the country’s one-child-per-couple family planning policy would not change for at least another decade.” The International Herald Tribune also repeated this reassuring report. The China Daily, at its website also released a similar report.

Sovereign Gold – How Safe Is Indian Gold …

Posted in Gold Reserves, History, politics by Anuraag Sanghi on November 15, 2007

How safe are the world’s largest reserves of gold?

India, with the largest (private and government) reserves of gold in world, needs to examine the safety question. While, there have been many advocates and supporters for many European claims, I am yet to see any support for reclaim of any of loot from weaker nations by some of the temporarily dominant powers.

In spite of close cultural and economic relations, WW2 was started by countries of Western world for gold, oil and access to markets. With excess of printing capacity, any country in world can print notes. During any period of turmoil, what matters is gold. After all, even India with the largest gold reserves in the world, needed to pledge gold in 1991 for small loan from IMF and World Bank.

Is our gold safe? Look at the experience of some of these countries.

(L-R) Prime Minister Ramsay MacDonald of Great Britain and Governor of The Bank of England Montague Norman attending diplomatic reception at Austrian Legation. 1932, Photographer - Erich Salomon

(L-R) Prime Minister Ramsay MacDonald of Great Britain and Governor of The Bank of England Montague Norman attending diplomatic reception at Austrian Legation. 1932, Photographer - Erich Salomon

Belgian Gold

Anticipating German invasion of the Netherlands, the National Bank of Belgium moved some part of its gold reserves to Bank of France, for safe keeping. However, after France itself came under attack, Belgium instructed the French to transfer Belgian gold to London.

The French instead, moved that gold to Dakar, Africa, to a French bank. After the fall of France, Pierre Laval, Foreign Minister in the French Vichy government of Marshal Petain, handed over the gold to Hitler’s Germany – which reportedly, recast this gold, put pre-war stampings and sold it to the Swiss. What happened after that. Well, the Belgians lost it all, I presume.

British Experience

Britain itself found that the they could buy anything only with gold. A staunch ally like the USA, demanded payments in gold. Britain sold the Viscose Company, receiving a paltry amount. British investments in Canada were disposed to pay US for for raw materials.

A significant part of British gold reserves, were safely moved to Canada on board the battleship Revenge and HMS Emerald to the vaults of Bank Of Canada (which still acknowledges the British crown) banks. American warship, Louisville was sent to Simonstown South Africa to take delivery of British gold.

Czech Gold Diversion

After Hitler’s invasion of Czechoslovakia, under the British-Czech treaty, Britain was enjoined to join the war on the Czech side. Instead, Montagu Norman, the head of Bank Of England, under a technicality, handed over Czech Gold to the Germans – in spite of the British Parliamentary restrictions; a supposedly secret transaction, blown open by a connected reporter.

After many enquiries, investigations, Montagu Norman, (yes, the same racist who collaborated with Churchill to loot the Indian peasantry) was let off without even a rap on his knuckles. After the war, Montagu Norman set up an institute to do research (like Joseph Mengele) in eugenics. His former boss, another racist, Churchill, set his armies on the Mau Mau, fighting for Kenya’s independence, and hundreds of thousands black Kenyans disappeared. Did the Czechs get their gold back? I doubt!

Central BanksPortugal, Spain

From the 1980s, it became fashionable to hedge, trade, create derivatives, get into junk bonds. And the King Of Junk was Michael Milliken. His company Drexel, Burnham and Lambert.

A subsidiary of Drexel, Burnham and Lambert, used borrowed gold from Central Bank of Philippines, Pitcairn Island, Poland, Portugal, Puerto Rico – all lost money. Further investigations show that more central banks lost more money – which were finally shown as “gold sales” by many European banks – and there this where things get murky.

Death Of Edmond Safra

Friday. December 3rd, 1999. TV channels (in India too) announced that Edmond Safra died in mysterious circumstances. Based out of Monaco, a known off shore finance centre, he is believed to have been in the know and arranged numerous gold dealings. He was supposed to be behind the George Soros run-in with the Bank Of England gold sale and physical delivery.

At the time of his death, he was negotiating the sale of his bank to The Hong Kong & Shanghai Banking Corporation – set up with opium earnings by Jardine Matheson and David Sassoon and sundry others.

This time the conspiracy is supposed to have been hundreds of tons of Russian-Soviet gold (looted from Tsars?) and never returned to Soviet Russia – and now sold through Edmond Safra.

French Pragmatism

Before, during and after WW2, large numbers of national and private treasures were looted, misappropriated and generally fell into disputes. The French Government had a similar experience .

Secret of Japan‘s rise

Year 1542. The Sado gold mines were discovered. In 16th-17th century, Japan became the second largest producer of gold in the world. Rapid rise of Japan after that and the rest of story is known to the world.

Korea claims that Japan plundered Korea of hundreds of tons of gold from 1937-1944. Philipines, Indonesia have all raised claims against Japan for war time gold loot.

Regardless, one American writer had definitely hit a jackpotGold Warriors: America’s Secret Recovery of Yamashita’s Gold (By Sterling Seagrave, Peggy Seagrave). Ian Fleming is supposed to have based his story on the Yamashita chapter of WW2.

Japan’s top underworld crime boss, Taisho (Admiral) Yoshio Kodama, (ranked as an admiral at 34 years) a major figure in the Japanese underworld was in charge of Project “Golden Lilly” – after one of Hirohito’s poems! Objective – looting gangsters in Japanese occupied territories. Supervising the operations was Emperor’s Hirohito’s brother, Prince Chicubi. Management – Japan’s top financial figures.

Subsequently, allegedly, a lot of this gold landed with Ferdinand Marcos; the Filipino dictator. Swiss banks, Macao criminals, American generals and politicians – all involved.

Glen Yeadon, writer of “The Nazi Hydra in America: Suppressed History of a Century” writes how Presscott Bush (grand-father of George Bush), Douglas MacArthur were involved in various launderings, diversions and subterfuge involving Nazi gold and Japanese gold after WW2.

The Melmer Account

After WW2, and fall of Germany, at the Mercker mines, occupying armies found Nazi treasures.

And details of a bank account.

Vladimr Lenin and Joseph Stalin

Vladimr Lenin and Joseph Stalin

The bank account held in the name of Bruno Melmer, a SS captain. Further investigations revealed that this account received various looted material of the German Army – and gold recovered from Jews killed in concentration camps. After due investigations these files were returned to the the concerned German bank. In 1975, a journalist Peter Bild discovered that all these files had disappeared.

So had the gold.

Spain and Gold

For nearly 10 years, the Spanish Civil War raged – a proxy war between the Germans and Russians. The target, Spanish gold. In the see-saw of the civil war, entire Spanish gold disappeared – between the maws of the French and the Russians. Reputedly, Stalin boasted that Spain will never see their gold again.

I am sure the ghost of Incas were at peace after 400 years.

Hitler-Pavelic meeting

Hitler-Pavelic meeting

Ustashi Gold

During WW2, after Hitler’s sweep across the Balkans, a Nazi puppet government of Ante (Anton) Pavelic, headed the “Catholic State of Croatia.” Archbishop A. Stepanic established a Croat Separatist Movement and seized power with Ante Pavelic. The Pavelic regime supported “Clerical Fascism” – a mix of Catholic religion, Anti-Semitism and authoritarian politics. Mussolini’s Italy and Nazi Germany’s “Ausland” department assisted Ante Pavelic and his Catholic terrorists to set up a dictatorship. Ante Pavelic was declared Poglavnik – or what we better know as Fuhrer.

Under the Ustashi, a reign of terror descended upon Jews, Gypsies and political dissidents. The Ustashi extorted a fortune in gold and other valuables from Jews and Gypsies and thereafter shipped them to work in concentration camps. The Jews have a well-organised lobby, an organisation and a nation which has pursued banks, criminals, countries for recovery of their property.

What happened to the Roma Gypsies (claim they are of Indian descent). Nothing. Sweet nothing at all.

Quantity Of Gold – 2400 kgs atleast.

The Final Accounting

Nazi gold was found by various armies and individuals all over Europe. In Lake Toplitz and in the Thuringien salt mines. Finally,a coordinating agency was set up by Americans for gold recovered by American Armies to account, re-distribute and reconcile claims. The European banking system, especially the Swiss and the Vatican have been subject to various claims, allegations and conspiracy theories.

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