From: "Linda Muller" 
To: ftc@Majordomo.net
Date: Wed, 9 Dec 1998 09:42:52 -0500

Dear Friends,

"By controlling the nation's economy, the NWO inherits control of its 
independent diplomacy......."

FYI - Linda

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From:           	DotHB@aol.com
Date sent:      	Tue, 8 Dec 1998 10:45:02 EST

NEW WORLD ORDER CONTROL OF ISRAEL'S ECONOMY
by Barry Chamish, Israeli Journalist  (chamish@netvision.net.il) 

Those forces who wish to create a New World Order (NWO) based on a 
one world government, long ago realized that to destroy a nation's 
sovereignty, it was not enough to merely corrupt its diplomacy; they 
must also enjoy the overwhelming leverage that comes with controlling 
its economy. So, through the World Bank and International Monetary 
Fund (IMF), they have planted compliant administrators throughout the 
governments of the world: in Israel their current agent is the Chairman of 
the Bank Of Israel, Yaacov Frenkel.  

Typically, the World Bank loans many billions of dollars at high interest 
rates to a Third World dictator to fund some hare-brained engineering 
scheme. Within a few years much of the money is in the tyrant's 
offshore bank accounts and the megalomaniacal engineering scheme is 
draining his country of all its resources. Unable to return the World 
Bank loan, the dictator's government turns to the IMF for a covering 
loan. The IMF agrees to indebt the country even more and keep it 
temporarily fed by demanding a series of "reforms" guaranteed to sink 
the people into pathetic misery.  

These "reforms" come in the form of making the economy more 
"efficient" by such measures as turning a working variable peasant-
based agricultural economy into a one-crop producer, thus throwing 
most of the peasants out of work, enslaving the remainder on corporate 
plantations, and thoroughly wrecking the country when natural disaster 
or a drop in the commodities market strikes.  

By controlling the nation's economy, the NWO inherits control of its 
independent diplomacy. In Israel, in the early 1980s, the NWO retaliated 
against the honorable and independent Prime Minister, Menachem 
Begin by shooting the inflation rate up to 450%. The men who arranged 
this from within the government were Bank of Israel Chairman Michael 
Bruno and Finance Minister Yoram Aridor. Bruno justified a series of 
measures by Aridor guaranteed to cause instant inflation, including the 
sudden and unexpected lifting of most duties on imported goods. Both 
men were rewarded well for their treachery: Aridor, against all natural 
reason, was made Israel's United Nations ambassador and Bruno 
retired to the good life at the IMF.  

In 1991, the Shamir government was forced to appoint as Chairman of 
the Bank of Israel, Yaacov Frenkel, a World Bank executive based in 
Washington, who had not lived in the country since 1967. Once in his 
post, Frenkel wasted no time indebting Israel enormously by raising 
interest rates and encouraging the government to request $10 billion 
dollars in loans from American banks guaranteed by the Federal 
Reserve, nominally to be used to absorb a wave of Russian immigrants 
flooding the country. Economists later figured out that the loans were 
disastrous and would cost triple the principle before they were paid 
back.  

In 1996, Frenkel's first term ended and then-Prime Minister Shimon 
Peres was not inclined to offer him a second chance to run the nation's 
finances. He changed his mind quickly when a power-delegation from 
the World Economic Forum arrived from Switzerland and had a few 
convincing words with him.  

If Frenkel's NWO ties were ever in doubt, take a look at the biography of 
Frenkel which appeared in Haaretz Magazine of Nov.27/98:  "During his 
third year at university, Frenkel went to work for the Histadrut."   

Israel's communist national Labor Union and the primary economic 
blackmail tool employed by the Labor Party.  

"Tel Aviv University offered him a chance to earn a doctorate at the 
University of Chicago and then return to Israel to set up a School of 
Economics."  

My, wasn't that a big step forward, offering a whole school of economics 
to a Histadrut worker without even a PhD, let alone professorship?  

"After Frenkel got his doctorate in 1970, Chicago offered him a spot as 
professor. In 1973, when David Rockefeller retired from Chase 
Manhattan, the bank decided to commemorate his life's work by 
endowing a professorship in international economics. A search 
committee set up by the bank chose the University of Chicago and 
Frenkel to set up the chair."     

How wonderful for Frenkel! Not three years at the U of C and David 
Rockefeller, chairman of the Council On Foreign Relations and possibly 
the top man in the NWO, chooses to employ Frenkel to run his new 
chair.  

"It was the Mecca of the global economy,' says Frenkel. `It was a huge 
factory for doctoral students, catering to hundreds of students from all 
over the world, who now fill the most senior positions in their countries.'  
And so Frenkel cast his net. All over the world are former students who 
consider Frenkel their guru."  

Thank you, Dr. Frenkel for that marvelous summation of the tactics and 
location of world globalism. Clearly, Frenkel is either a naive tool of the 
NWO, placing moles in the governments of the world, or he is already 
an insider willingly doing its worst work.  

"The following story, told be Frenkel, illustrates just what kind of circle 
he moves in. It was in 1991 in Davos, Switzerland..."  

Davos, Switzerland is headquarters of the World Economic Forum, 
where the NWO plots its next international economic fiascoes. Frenkel 
then relates how three of his fans who he met there soon took over the 
senior government economic posts of Czechoslovakia and ran the 
country based on his principles. He failed to mention that within a year 
Czechoslovakia had divided into two.  

"In late 1986, Frenkel was asked by the International Monetary Fund to 
set up a framework for coordinating international economic policy. That 
same year the G-5 (later G-7) decided to set up a new global policy 
forum and added two new members. Frenkel took on the task and 
moved his family to an upscale suburb of Washington.  

"Frenkel's stategies helped to integrate the global economy and the 
international coordination apparatus that he conceived became a 
prestigious body wielding a great deal of influence. Frenkel moved on to 
the post of director of research at the IMF, which then had 150 member 
states (there are now close to 200) and was responsible for generating 
forecasts and assessments of the world's economy.`In the framework of 
the G-7 , I became the close confidante of top policy-makers in the 
seven states, at the level of finance ministers, central bank governors 
and heads of state. In order to get my advice, they had to put complete 
trust in me and open all their books for me.'"  

Yaacov Frenkel is no ordinary bureaucrat in wire-framed glasses. He is 
at the top ranks of NWO adminstrators and his first loyalty is to 
globalism, then, if at all, to Israel's economic welfare. If Prime Minister 
Netanyahu steps too far out of line for his NWO controllers, Frenkel can 
make the days of Begin's 450% inflation seem like the good old days. 
The Chairman of The Bank Of Israel, is possibly the most dangerous 
individual in the country.  

### FOOD FOR THOUGHT:   Did you know that New York City is now 
promoting itself as CAPITOL OF THE WORLD?   It probably is - U.N. 
Headquarters, Home of the Federal Reserve, Home of the C.F.R., etc. 
etc.  People all over the world are fighting the NWO - so now you know 
what that means.....   D. Bibee]  

Dot Bibee (DotHB@aol.com)
Knoxville, TN  Ph/FAX (423) 577-7011 
"To Deny the Constitution is to Provoke Revolution"    

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