From: rburns@StarConn.com (Randall J. Burns)
Subject: The Occult Techology of Power
Organization: Starnet-Public Access UNIX--Los Altos, CA  415-949-3133
Date: Tue, 26 Jan 1993 21:59:55 GMT


Quotes from Occult Technology of Power:
1974 Loompanics Press
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This book is written in a style similar to "The Prince"-as a dialog
between a fictional financial czar, his associates and his son and
hier designate.

NOTE: I don't personally endorse all the views in this book. I do think
that the author did make an attempt to synthesize both left and right
critiques on ruling elites in a way that is fairly rare. The book is
amusing and provacative if nothing else.

I'm posting it in hopes of raising the level of discussion around
the issue of central banking.

page 17
"Throughout history, secure ruling elites arise through secret,
or occult knowledge which they carefully guard and withhold from
outsiders. The power of such elites or cults diminishes as their occult 
knowledge is transformed into scientific knowledge and vanishes as soon
as it becomes common sense."

Followed by a rather lengthy explaination of how priesthoods used secret
knowledge of astronomy to control and influence societies in the middle
east.
...................
Page 23
"Professor B. on the Function of  Central Bank in the Mature Capitalist
 System".
In its pristine form a Central Bank is a private monopoly of a nation's
money and credit issuance suppored by the coercive power of the state. That
the central bank be directly in our hands is vital  until our new order is 
firmly established throughout the governmental, business, intellectual and
political spheres of society. After our order is consolidated, formal 
nationalization of the Central Bank with great fanfare is usually advisable 
in order to dispel any lingering suspicion that it is operated for private
gain. Of course only loyal agents of the dynasty are allowed to obtain high 
offices in the Bank and our power remains intact. Obvious private monopolies
are always the targets of sharp reformist agitators. Only the most paranoid
however can see through the public facade to the private monopoly of the 
nationalized or quasi-nationalized Central Bank.

The Central Bank is the primarly monopoly on which all
our monopoly power depends. The _occult_  power of the 
Central Bank to create money out of nothing is the fountain-
head that fuels our far-flung financial and political empire. I 
will make a quick survey of a few ways this secret
money power is brought to bear

Bascially, the power of our Central Bank flows from its
control over the points of entry into the economy of new,
inflationary money which it creates out of thin air. Ordinar-
il, bills of exchange, acceptances, private bonds, government
bonds and other credit instruments are purchased by 
the Central	Bank thorugh specially privileged dealers in
order to put the new money, often only checking accounting
entries, into circulation. The dealers are allowed a large 
profit since they are fronts operated by our agents. Our pur-
chase of government securities pleases the government, as
out purchas of private debt pleases private debtors. As a
quid pro quo to assure "good management" our agents are 
given directorships, managerial posts, and offices in the cor-
porations and governments so benefitted. As the addiction to
the narcotic of inflationary easy credit grows and grows we 
demand more and more control of our dependent entourage of 
governments and corporations. When we finally end the 
easy credit to "combat inflation" the enterprised and govern-
ments either fall directly into our hands, bankrupt, or are 
rescued at the price of total control.

Also we ruling bankers control the flow of meony in the 
economy through the wide authority of the Central Bank	to
license, audit, and regulate private banks. Banks that loan
to interest outside the loyal entourage are "audited" by the
Central Bank and found to be dangerously overextended.
Just a hint of insolvency from the respected Central Bank 
authorities is enoguht to cause a run on the disobedient bank
or at least dry up its vital lines of credit. Soon the banking
establishment learns to follow the hints and nods of your
father's agents at the Central Bank automatically.

Further, the periodic cycles of easy money and tight 
money that we initiate through our control of the Central
Bank cause corresponding fluctuations in all markets. Our 
inner circle knows in advance the timing of these cycles and,
therefore reaps windfall profits by speculating in commodity,
stock,currency, gold, and bond markets. Monopolistic stock 
and commodity Exchanges are a vital adjunct to our power
mad possible by our Central Bank power. We do not allow a 
fair auction market to exist, but make a great show of 
"tough" government regulation to create a false sense of 
confindence among small investors. With the aid of our regula-
tory charade and financial power we are able to manipulate 
stock prices at the expense of independent investors. Our 
priveleged specialists on the floors of Exchanges, aided
by the propaganda of our financial press and brokerage
houses, continually play on naivete and greed to drain 
the savings of the unwary into our coffers. The stock, commodi-
ties and security held in trading accounts by the Exchange
and brokerage houses provides us with a clout far beyond our
own actual holdings with which we can manipulate prices and
win proxy fights for corporate takeovers.

Little danger to our lucretive racket exists from public 
spirited regulation. Our manipulations are so complex that 
only the most brilliant experts could comprehend them. To 
most economists our Exchange operations  appear to be
helpful efforts to "stabilize" the market. We ruling bankers
if able to keep peace among ourselves, become richer and richer
as time passes with the annoyance of exerting productive effort
of benefit to others.
"



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