Mr. Obama's New Deal December 01, 2008.

Mr. Obama's New Deal


December 01, 2008

Updated December 04, 2008 || Footnote [1] Added February 05, 2009

- “If FDR's New Deal had worked then, it is not entirely obvious why it should not work again.” (Why Bluff Martial Law?) [1]

After that sentence was written, which was based on the populist understanding of what FDR had supposedly accomplished in the New Deal, through actual research into the facts of the matter however, it has now become blatantly apparent why it would not work again. FDR at the time had capitulated to the banksters – some say he was in fact the banksters own very clever pointman – and changed America's money which was previously redeemable in gold, into fiat paper money, with the passing of The Emergency Banking Act, March 9, 1933. All the gold of the American peoples was confiscated, and in effect, handed over to the Federal Reserve System in lieu of an infinite supply of paper money constructed as a national debt. The principal of this national debt was never intended to be ever paid back – it was setup as an infinite inflationary supply source. However, the interest on it was to accrue exponentially – compound-interest – and this interest was payable by the American peoples, the consumers, the corporations, and all economic activity in the United States. In addition, making the US dollar world's reserve currency at Bretton-Woods by the victor of World War II, made increasing that principal a global impetus from the entire world's economic activity. Every US Treasury Security held by the oil producing nations courtesy of Henry Kissinger, every dollar held in foreign exchange reserves by the world's nations, indeed every dollar in circulation, contributed to this principal! Every dollar added to the principal that was beyond the growth of the American nation's real GDP – based on real production and not financial wizardry – was inflationary. Thus all economic activity due to debt financing, as opposed to balanced budget financing, was by design, made inflationary. The word “inflationary” means when a dollar purchases less than it did before, or the same thing costs more than it did before. However it's official measurement also has become a con-game, and therefore, that word here is used to mean the real empirical experience of real wage-earning consumers who are the most susceptible to inflation (and who, incidentally, also pay the bulk of the interest on the national debt through their federal income tax), and not official reportage based on some artificial basket of goods.

More the American worker made, more he paid out in taxes and in rising cost of living, so that he and she ended up with less and less in working families with even both parents working! Thus American public took on more and more debt, sometimes to make ends meet, and sometimes to enjoy the good times that were easily handed them on the platter of inextricable debt. And so the monster of debt fed itself. This wasn't just a side-effect as almost all the economists and politicians would have the ill-informed public believe, but by the very design of the monetary system under the Federal Reserve System. That was quite a brilliant coup d'├ętat under the guise of solving the problem of the Great Depression by the banksters! The same banksters funded the causes, and all participants, of World War II, just as they precipitated the Great Depression itself. It was a banksters' World War, and a banksters' Great Depression! And a banksters' currency that kept creating more and more debt by design. Their 'small' calculated baby-step to create world government led to more millions dead and disillusioned than all wars of all history added together. Just as it is re-playing out the same game today, but much closer to endgame. Since the year 1933 was only the beginning of the paper money scam – this incarnation of the central bankers' perpetual scam since time immemorial, actually began in 1910 at Jekyll Island, and got cemented with the passage of the Federal Reserve Act on December 23, 1913 – the cumulative national debt then was low, the interest payments were low, and the Frankenstein was just a cute baby boy. Therefore, President Roosevelt could trivially embark on his debt-financed spending spree which became known as the New Deal. See the debt-chart from 1900 to 2006 in the book by Van K Tharp here, and current national debt numbers proudly reported by the U.S. Treasury here. Today, such a spending spree is not possible in the existing monetary system because the Frankenstein of debt has now matured into an ugly monster about to devour its feeders.

And yet, such a spending spree is still generously being granted to the banksters to the tune of $7.7 Trillion for bailout, as reported by Bloomberg on November 24, 2008! The New York Times further broke this number down in its report of November 25, 2008 – loans $1.7 trillion, Investments $3.0 trillion, Guarantees $3.1 trillion – noting “they would print as much money as needed to revive the nation’s crippled banking system ... some investments may prove profitable ... The Treasury secretary, Henry M. Paulson Jr., made it clear that the new lending facility was just a "starting point" and could be expanded to many other kinds of debt,” To appreciate how the sheep are craftily being primed for the slaughter, see George J. W. Goodman's essay 'The German Hyperinflation, 1923' for historical context. Apart from the astronomical unpayable debt deliberately being run up, the hyper-inflationary direction where the Treasury secretary is steering the nation and the world with this 'solution' to the manufactured financial crisis, is in plain sight. This was a brilliantly orchestrated design, because the cure for this now fully grown grotesque Frankenstein – in order that it not devour its own creators – is being presented as a common global monetary system run by private central banks, owned by the very same banksters! And by making the dollar worthless – when a wheelbarrow full of dollars will barely purchase a loaf of bread – the 'United We Stand' from 'sea to shinning sea' patriotic masses will willingly accept a new currency, a new union, a new world order! A crafty and audacious planning of a hundred years expertly being brought to fruition! Please see the Monetary Reform Bibliography, and Monetary Conspiracy for World Government.

The unfortunate populist version of FDR's New Deal is deeply entrenched in American society – like all its other indoctrinations – and it is even more exacerbated by polished disinformation documentaries like “1932” (see LaRouche: A nuanced and expert Disinformationist or merely Uber Alles? ). And the whole shebang of the Federal Reserve System is very cleverly camouflaged, and confounded, by its learned exponents and detractors alike (see Monetary Reform: Who will bell the cat? and also Chapter 6 of Ron Paul's book: Revolution; caveat lector on Ron Paul here!)

Mr. Obama's Agendas are anything but 'New Deal'. To uncover his agendas, one must uncover the men, money, power, and ideologies backing him. The most prominent are Zbigniew Brzezinski who groomed Obama, and David Rockefeller who brought an unknown polish Jew who had written the seminal book “Between Two Ages” into world prominence. Between the two of them, they invented an unknown peanut farmer from Georgia, as the President of the United States in 1976. That American President eagerly destroyed the USSR by “giving to the USSR its Vietnam War” at the expense of devastating an innocent civilization, called Afghanistan! For that achievement, a Nobel Peace Prize was awarded to that gentleman from Georgia. For the conquest of the planet into a one-world government – the dream of the financial oligarchs and banksters – another Peace Prize awaits its political executors. Be forewarned. Please see Response to 'Why I won't vote for Obama' November 03, 2008.

While Project Humanbeingsfirst does not agree with all points of perspective with Webster G. Tarpley, it does concur with Mr. Tarpley's dire warnings on Obama (see his book, interview part1, part2), primarily because the agendas are writ in plain-sight by studying its prime authors. The confrontation with Russia looms ahead as the next baby-step to seed further “revolutionary times” in Asia as ominously foretold in “Georgia-Russia: It's a Classic Brzezinski Project!”. Pakistan is in the gun-sights too for its long-planned dismemberment, as was disclosed in the 2007 analysis “Saving Pakistan from Synthetic 'Terror Central'”.

If anything, all that is Mr. Obama's real New Deal, planned by the 'ubermensch' masterminds, Dr. Zbigniew Brzezinski, and the Rockefeller's many foundations for world-government.

It is shameful that in the otherwise interesting analysis of America's post election prognosis, Noam Chomsky – “arguably the most important intellectual alive” according to the New York Times – appearing on 'Democracy Now' with Amy Goodman on November 24, 2008, in a conversation titled “What Next? The Elections, the Economy, and the World”, did not even once mention the name Zbigniew Brzezinski, or the Rockefeller's Trilateralist agenda for world-government to be run by the world's private central-banks. See the Monetary Reform Bibliography for evidence – since Noam Chomsky likes evidence, but of course not of the forensic type. Only that which is ex post facto revealed by the New York Times! Because it is a safe bet that the NYT will never reveal that 911 was an inside job of expert controlled-demolition behind the magic-show of highjacked airplanes and 'Bin Laden', nor reveal the Machiavellian agenda for world government of the financial hegemons, it is quite safe to accept the axioms du jour. To challenge the obvious would be “ignorant and meddlesome”, and quite beyond the pale of an intellectual who hath once boldly proclaimed: “Intellectuals are in a position to expose the lies of governments, to analyze actions according to their causes and motives and often hidden intentions. In the Western world, at least, they have the power that comes from political liberty, from access to information and freedom of expression. For a privileged minority, Western democracy provides the leisure, the facilities, and the training to seek the truth lying hidden behind the veil of distortion and misrepresentation...”. Only ordinary plebeians are left to do that today – and that's okay because few pay any attention to the “ignorant and meddlesome” peoples anyway.


[1] Gerald Celente of Trends Research Institute similarly explains why any traditional New Deal measures would also not work again:

We are going to go into a depression worse than the Great Depression, and here is why. There is a way to get out of this but not through fiscal or monetary stimulus. If we have an alternative energy break-through, beyond solar ..... that's as big as the discovery of fire or the invention of the wheel then we get out of this economic mess. Minus that, we are going to go into the greatest depression, and here is why:

1. Back when we had the last depression, most people didn't own homes, they didn't have all this burden that're carrying now, with taxes and everything else, insurance.

2. Back then, people didn't have home equity loans. Matter of fact, you know we are probably both old enough to know when people had something called second mortgages, they were called losers.

3. Back then, people didn't have credit cards. They weren't over 14 trillion dollars in debt.

4. Back then, the government had a trade surplus. We were not 700 billion dollars in the hole. And the people were self-sufficient.

5. Back then, the government was not spending 11.5 trillion in growing in the hole with a budget deficit.

6. Back then, we had budget surpluses.

7. Back then, we weren't costing us over 2 trillion dollars to fight wars.

8. Back then, we had a manufacturing base, that when the depression did end with the onset of WW II, we were able to manufacture ourselves out of it, and then later on the rest of the world.

9. Back then, people didn't have 401Ks and IRAs that were their future, evaporating right before them.

And the other thing people need to know was during the Depression, you could do some of these work-project things that they talk about. We didn't have these deficits that we have now. So to keep talking about stimulus packages, to keep talking about work-project packages, where is this money going to come from? And again, as every historian or economist knows, the only thing that got us out of that Depression, was WW II.” ( Gerald Celente, Trends Research, November 17, 2008, Alex Jones Show )

Zahir Ebrahim


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The author, an ordinary researcher and writer on contemporary geopolitics, a minor justice activist, grew up in Pakistan, studied EECS at MIT, engineered for a while in high-tech Silicon Valley (patents here), and retired early to pursue other responsible interests. His maiden 2003 book was rejected by six publishers and can be read on the web at He may be reached at Verbatim reproduction license at


Obama's New Deal December 01, 2008.