The following article is adapted from the August 2014 Elliott Wave Financial Forecast, published Aug. 1. For the latest from the Financial Forecast Service, click here.
The Dow Jones Industrial Average is in the terminal stages of its advance from March 2009.
Its rise to a July 16 closing high of 17,138.20 met the long-term price targets discussed in detail in the July-August double issue of The Elliott Wave Theorist. The market continued to narrow into the high, as less-liquid, more-volatile assets lagged the Dow.
In May, when The Elliott Wave Financial Forecast first showed the plunging prices in shares of small-cap stocks relative to large-cap stocks, we said the transition from "risk on" to "risk off" was fully underway. Since then, the small-cap/big-cap ratio has declined to its lowest level in 19 months, since November 2012.
While the DJIA chopped higher, the Russell 2000 Index of small-cap shares remained essentially flat. The Russell's closing high remains 1208.65 on March 4, while its intraday high is 1213.55 on July 1.
The broader Value Line indexes also made highs on July 1 and have declined in five waves since then.
The chart below -- the ratio of junk debt prices-to-U.S. Treasury debt prices -- shows another telltale sign of a crippling return to risk aversion.
Junk bonds are issued by companies with the weakest balance sheets. In the event of bankruptcy, holders of these bonds risk getting back only dimes on the dollar, or nothing at all.
The junk/Treasury price ratio is currently down more than 11% since Dec. 31, 2013, the date of its most recent peak. The last time this ratio was down more than 11% while the S&P 500 was at a new all-time high was in July 2007, at the forefront of the greatest credit contraction since the Great Depression.
Weak secondary stocks and a declining junk-to-Treasury bond ratio indicate an environment that is ripe for a stock market reversal.
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As Robert Prechter says, "Bear markets always bring constricted time frames and breathtaking movements. You have to be ready for them."
San Francisco, CA, 2014 By Delwyn Lounsbury - THE DEFLATION GURU
Let's start calling the new world order what it has morphed into - THE NEW UNDERWORLD ORDER. The Utopian new world order has been hijacked by mafia-like central banking elite - which I call "BANKSTERS." They are trans-generational crime cabals of behind-the-scenes fascist central banking families (1,000 or so of them) who own or control all 150 of the world’s central (or sovereign) banks. These financial power elite can therefore fraudulently create fiat monopoly money by the trillions upon trillions with just a computer entry. It is estimated the Zionist Banksters have created some $50 trillion since the financial crisis of 2008 with the Federal Reserve coughing up some $16 trillion of the grotesque amount of bailout funding.
The new world order is what the Anglo American financial power elite and their military industrial cohorts along with their crony (mercantilism) capitalists and puppet politicians seek. They will do anything to attain their global governance by dictatorship goal.
The New World Order and one world government plot to rule the world is facilitated by fear-based smokescreens that scare the world's middle-class into giving up power and even their freedom to internationalist institutions like the United Nations. The elite plot is to instigate constant warring and their end-plan may be depopulating the globe into a NEW DARK AGES to conserve the worlds remaining natural resources for themselves.
For important information on deflation and the coming Greater Depression in which the new world order bunch may grind the masses and especially the middle classes of the world into subservience and poverty in an economic depression three times as large and long as the 1930's depression - go to: www.deflationeconomy.com
Conclusion: The MONEY POWER ELITE and their mole, puppet and asset President Barack Hussein Obama want to bring America down to a level at which it then may be joined in a feudalistic fascist one world government ruled by an OLIGARCHY mix of maybe 15 or so powerful corporations, organizations and governments!
Of course, all these United Nation, World Bank, International Monetary Fund, NATO, International Criminal Court and Bank for International Settlements etc. globalist facilities and institutions will be controlled behind the scenes by the Jewish central banking families who have gotten insanely rich in the past 200+ years printing fraudulent fiat monopoly money and charging usurious rates of interest at their 150 central banks like the Federal Reserve Bank and the European Central Bank (ECB).
TOTALITARIAN AUTHORITARIAN ZIONIST BANKSTERS ALL!
A CRIMINAL CABAL BENT ON NEW WORLD GOVERNMENT!
ON YOUR WATCH!
Copyright 2012-2014 by Delwyn Lounsbury - THE DEFLATION GURU
Use of this article allowed with attribution back to:
New World Order article review. This article is extracted from a great analysis of the insidious new world order, one world government, global governance scheme and totalitarian takeover by the Anglo American financial power elite is by author Ken Adachi which can be found at educate-yourself.org.
The term New World Order (NWO) has been used by numerous politicians through the ages, and is a generic term used to refer to a worldwide plot being orchestrated by an extremely powerful and influential group of genetically-related individuals (at least at the highest echelons) which include many of the world's wealthiest people, top political leaders, and corporate elite, as well as members of the so-called Black Nobility of Europe (dominated by the British Crown) whose goal is to create a One World (fascist) Government, stripped of nationalistic and regional boundaries, that is obedient to their agenda.
"We will have a world government whether you like it or not. The only question is whether that government will be achieved by conquest or consent." (February 17, 1950, as he testified before the US Senate).
Their intention is to effect complete and total control over every human being on the planet and to dramatically reduce the world's population by two thirds. While the name New World Order is the term most frequently used today to loosely refer to anyone involved in this conspiracy, the study of exactly who makes up this group is a complex and intricate one. For further research sources, please see the side bar on the left.
In 1992, Dr John Coleman published Conspirators Hierarchy: The Story of the Committee of 300. With laudable scholarship and meticulous research, Dr Coleman identifies the players and carefully details the New World Order agenda of worldwide domination and control. On page 161 of the Conspirators Hierarchy, Dr Coleman accurately summarizes the intent and purpose of the Committee of 300 as follows:
"A One World Government and one-unit monetary system, under permanent non-elected hereditary oligarchies who self-select from among their numbers in the form of a feudal system as it was in the Middle Ages. In this One World entity, population will be limited by restrictions on the number of children per family, diseases, wars, famines, until 1 billion people who are useful to the ruling class, in areas which will be strictly and clearly defined, remain as the total world population.
There will be no middle class, only rulers and the servants. All laws will be uniform under a legal system of world courts practicing the same unified code of laws, backed up by a One World Government police force and a One World unified military to enforce laws in all former countries where no national boundaries shall exist. The system will be on the basis of a welfare state; those who are obedient and subservient to the One World Government will be rewarded with the means to live; those who are rebellious will simply be starved to death or be declared outlaws, thus a target for anyone who wishes to kill them. Privately owned firearms or weapons of any kind will be prohibited."
Why is the collectivist conspiracy.scheme so unreported and unknown? The sheer magnitude and complex web of deceit surrounding the individuals and organizations involved in this conspiracy is mind boggling, even for the most astute among us. Most people react with disbelief and skepticism towards the topic, unaware that they have been conditioned (brainwashed) to react with skepticism by institutional and media influences. Author and de-programmer Fritz Springmeier (The Top 13 Illuminati Bloodlines) says that most people have built in "slides" that short circuit the mind's critical examination process when it comes to certain sensitive topics. "Slides", Springmeier reports, is a CIA term for a conditioned type of response which dead ends a person's thinking and terminates debate or examination of the topic at hand. For example, the mention of the word "conspiracy" often solicits a skeptic response with many people.
What most people believe to be "Public Opinion" is in reality carefully crafted and scripted propaganda designed to elicit a desired behavioral response from the public. Public opinion polls are really taken with the intent of gauging the public's acceptance of the New World Order's planned programs. A strong showing in the polls tells them that the programming is "taking", while a poor showing tells the NWO manipulators that they have to recast or "tweak" the programming until the desired response is achieved.
The NWO Modus Operandi! The NWO global financial power elite manifest their agenda through the skilful manipulation of human emotions, especially fear. In the past centuries, they have repeatedly utilized a contrivance that NWO researcher and author David Icke has characterized in his latest book, The Biggest Secret, as Problem, Reaction, and Solution.
The technique is as follows: NWO strategists create the Problem - by funding , assembling, and training an "opposition" group to stimulate turmoil in an established political power (sovereign country, region, continent, etc.) that they wish to impinge upon and thus create opposing factions in a conflict that the NWO themselves maneuvered into existence. In recent decades, so called opposition groups are usually identified in the media as 'freedom fighters' or 'liberators'.
At the same time, the leader of the established political power where the conflict is being orchestrated is demonized and, on cue, referred to as 'another Hitler' (take your pick: Saddam Hussein, Milosevic, Kadaffi, etc.). The 'freedom fighters' are not infrequently assembled from a local criminal element (i.e. KLA, drug traffickers). In the spirit of true Machiavellian deceit, the same NWO strategists are equally involved in covertly arming and advising the leader of the established power as well (the NWO always profits from any armed conflict by loaning money, arming, and supplying all parties involved in a war).
The conflict is drawn to the world stage by the controlled media outlets with a barrage of photos and video tape reports of horrific and bloody atrocities suffered by innocent civilians. The cry goes up "Something has to be done!" And that is the desired Reaction.
The NWO puppeteers then provide the Solution by sending in UN 'Peace Keepers' (Bosnia) or a UN 'Coalition Force' (Gulf War) or NATO Bombers and then ground troops (Kosovo), or the military to 'search for Weapons of Mass Destruction', which of course are never found. Once installed, the 'peace keepers' never leave. The idea is to have NWO controlled ground troops in all major countries or strategic areas where significant resistance to the New World Order takeover is likely to be encountered.
Who is the NWO? The corporate portion of the NWO is dominated by international bankers, oil barons and pharmaceutical cartels, as well as other major multinational corporations. The Royal Family of England, namely Queen Elizabeth II and the House of Windsor, (who are, in fact, descendants of the German arm of European Royalty - the Saxe-Coburg-Gotha family - changed the name to Windsor in 1914), are high level players in the oligarchy which controls the upper strata of the NWO. The decision making nerve centers of this effort are in London (especially the City of London), Basel Switzerland, and Brussels (NATO headquarters).
The United Nations, along with all the agencies working under the UN umbrella, such as the World Health Organization (WHO), are full time players in this scheme. Similarly, NATO is a military tool of the NWO.
The leaders of all major industrial countries like the United States, England, Germany, Italy, Australia, New Zealand, etc. (members of the "G7/G8" ) are active and fully cooperative participants in this conspiracy. In this century, the degree of control exerted by the NWO has advanced to the point that only certain hand-picked individuals, who are groomed and selected are even eligible to become the prime minister or president of countries like England, Germany, or The United States. It didn't matter whether Bill Clinton or Bob Dole won the Presidency in 1996, the results would have been the same. Both men are playing on the same team for the same ball club. Anyone who isn't a team player is taken out: i.e. President Kennedy, Ali Bhutto (Pakistan) and Aldo Moro (Italy). More recently, Admiral Borda and William Colby were also killed because they were either unwilling to go along with the totalitarian plan to destroy America, weren't cooperating in some capacity, or were attempting to expose/ thwart the takeover agenda.
The NWO's Role in Shaping History. Most of the major wars, political upheavals, and economic depression/recessions of the past 100 years (and earlier) were carefully planned and instigated by the machinations of these elites. They include The Spanish-American War (1898), World War I and World War II; The Great Depression; the Bolshevik Revolution of 1917; the Rise of Nazi Germany; the Korean War; the Vietnam War; the 1989-91 "fall" of Soviet Communism; the 1991 Gulf War; the War in Kosovo; and the two Iraq wars. Even the French Revolution was orchestrated into existence by elements of the NWO.
The instigation of a trumped-up war as a cover for amassing fortunes which can be dated back to at least the 12th Century when only a core group of nine members of the Knights Templar, kicked off the the Crusades that lasted for over a century and a half.
The core group mentioned above have been reported as being the military arm of a secret society known as the Priory of Sion, but this has been proven to be a hoax,
In 1307, the king of France, Philippe the Fair, coveted the wealth and was jealous of the Templars' power. The French king set out to arrest all the Templars in France on October 13. While many Templars were seized and tortured, including their Grand Master, Jacques de Molay, many other Templars (who had been tipped off) escaped. They eventually resurfaced in Portugal, in Malta (as the Knights of Malta) and later in Scotland as The Scottish Rites of Freemasonry, with Albert Pike playing a key role in defining a plan for establishing a world government.
The acquisition and consolidation of ever greater wealth, natural resources, total political power, and control over others are the motivating forces which drive the decisions of the NWO leaders. The toll in human suffering and the loss of innocent lives are non issues for these individuals.
Inflation Deflation Survival FREE "Deflation Downloads" How you can survive and get rich in deflation and the Greater Depression! HURRY THE CRASH IS COMING!
HOW TO FILE A FREEDOM OF INFORMATION ACT AND PRIVACY ACT FACTS
HOW TO FILE A FREEDOM OF INFORMATION ACT REQUEST
Freedom of Information Act and Privacy Act Facts
How and Why to File a FOIA Request
President Abraham Lincoln spoke of preserving the United States in the Gettysburg Address when he said that a "government of the people, by the people, for the people, shall not perish from the Earth." What this means is that the government of the United States was created with the consent of its citizens and its purpose is to serve those citizens. Therefore it is of utmost importance to remember this in order to preserve the country's integrity, because without the ability to challenge the government to some extent, the country could easily fall to tyranny. This is one justification for the existence of the Freedom of Information Act.There are a number of exceptions to what people can request through the Freedom of Information Act, also known as FOIA. These exceptions are mainly related to the personal safety and privacy of individuals in the government. For the purpose of this article we will be primarily concerned with instances where you are allowed to request information.There are many different reasons that may inspire you to file a FOIA request. Say, for instance, you are curious as to what projects the Department of Energy are working on regarding alternative energy. Or, perhaps, you are interested in an investigation that the Bureau of Alcohol, Tobacco and Firearms is conducting. You might also be able to look up certain files regarding public figures if a government agency happens to have files on them. However, these files may be available online or through some other route, in which case you should use that path instead of FOIA. FOIA should only be used if there is no other way to obtain your desired information.If you cannot find the files that you want online you will have to file a request under the FOIA. The American Civil Liberties Union has some useful tips for when you file under the Freedom of Information Act. Following these tips closely will greatly increase your likelihood of success and decrease your wait time.You should first decide which agency can best address your request. If you submit the request to the wrong agency they can simply reject it for not being any of their concern. This will inconvenience you and delay your request. There are many different resources for finding out which government agency is the most appropriate for you particular need. When you have found the appropriate agency you will want to get their address, but it is likely that the agency will have its own department or address dedicated to taking FOIA requests. You will want to send your request to this office, not the main office. Call the agency to make sure the address is correct.
When you file your request you want to be incredibly specific. If you ask for multiple things in the same request and the agency rejects just one of them they might reject the entire request along with your other, valid, questions. You can speed up the request process if you let the agency know how you would like the information released to you (electronically, or in print; by year or by location; et cetera).Being very precise in your request is very important and will likely give the agency more motivation to speed your request through the process. If you happen to ask for every shred of marginalia regarding a particular topic, well, you would have given them a reason to take their time with your request.
The bottom line is to be specific, if possible, provide them with a compelling reason for why you want the information, and prepare for a nominal wait time.You will need to submit some information with your request that is rather personal, but it serves two very important purposes. The first of which is that the agency must be able to find you and either clarify your request or send you the completed request package. The second is to ensure that you are allowed to get the material you are requesting. The original language of the FOIA says that an agency does not need to give out any information if it somehow endangers national security. So you will have to show these things: -You are not a threat to national security by submitting your name, date and place of birth, -Your Social Security number, -All of the addresses where you have lived and the places that you have travelled outside of the United States. Generally as a citizen of the United States you are entitled to request a large variety of information and you shouldn't have any serious problems.If you are interested in speeding up the FOIA request process there are some instances where you can request what is called expedited processing: -If you are a member of the media who needs the requested information because it is time sensitive or has to do with something incredibly important and is in the public's interest you can have your request expedited.
The process can also be quickened if someone's life or safety would be put in danger if the information is delayed. -Information that could affect the fairness of a trial (due process) or other legal proceedings can also be expedited according to the FOIA.Every agency will have a different set of fees for the different FOIA services that they offer and it is probably a good idea to ask what it is beforehand to reduce shock when you receive your final bill. Once again, this is why it is a very good idea to be specific so that you know what you are paying for as well.With these helpful hints you can get started on the road to filing your FOIA request. Executive agencies are all rather different from each other, so there is no uniform experience to expect. You will probably get the best results from reading a specific agency's guidelines to requesting information on their FOIA page.
Gold and silver have been all over the financial news.
On Thursday, June 20, silver fell below $20 (-60% from 2011 high), and gold fell below $1300 (-30% from 2011 high).
We first published the chart below after metals plunged in mid-April. It shows EWI's forecasts not only leading up to those big moves ... but during the past three years of opportunity.
Three years of volatile price action in these two markets is plain to see. And the forecasts speak for themselves.
Overwhelmingly, most metals experts favored the other side of the gold and silver trend for the past three years - and they still do today. Meanwhile, EWI subscribers were prepared ahead of time for nearly every important turn.
Now, some periods are more vexing than others. But currently we are in a period where the wave patterns are particularly clear.
Metals prices may bounce higher near-term - like we warned they would do after the April 16-18 lows - but the quotes on the chart clearly show how countertrends are the source of opportunity. And that is the great strength of pattern analysis via the Elliott wave method, along with tools like sentiment, momentum and price.
For a limited time you can see the full story in metals in a free report from EWI. See below for more details.
Elliott Wave International forecasted nearly every
major trend and turn of the past three years in gold
and silver. If you invest in precious metals, you owe
it to yourself to see how we got to where we are today.
In a 10-minute video titled Gold Defies Bulls' Optimism,
Elliott Wave International's Chief Market Analyst Steve
Hochberg lays out what has transpired in gold since
2011 so you can understand where it's headed next.
This article was syndicated by Elliott Wave International and was originally published under the headline Stunning Chart Shows Gold and Silver Defy Bulls' Optimism. EWI is the world's largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.
Editor/Author: Delwyn Lounsbury - The Deflation Guru
Please visit our- www.deflationeconomy.com - How to survive the coming Zionist bankster caused deflationary Greater Depression. Hurry and get prepared! Store food, water, guns, cash and necessities. The 90% assets crash is coming!
www.one-world-government.org - A secret 200+ year totalitarian takeover try by conniving Zionist financial power elite central banksters cabal cartel and their cohorts - multinational corporations, crony military and conniving Jewish run think tanks like the Council on Foreign Relations (CFR), the Trilateral Commission and the Bilderberg Group funded by giant corrupted tax exempt foundations controlling corrupt politicians. . With near total control of the mainstream media and Hebrew Hollywood, Zionists - neocons, neolibs and Nefarious Netanyahu Israel have directed history toward a fascist Jew world order new world order dictatorship. 9/11 is their latest coup! World War Three and a New Dark Ages will result if we don't stop them. It is we-the-people who sacrifice money, labor, blood, lives and our future to globalist United Nations facilities.
BEWARE LOOMING LIBERTY LOSS TO A FASCIST BIG BROTHER SURVEILLANCE STATE! Beware the United Nations. Prepare for coming deflation of the Greater Depression. Beware WWIII and coming New Dark Ages feudalism! Elite modus operendi (MO) is always build on tension and chaos - out of chaos comes order - a new world order and CONTROL. The Hegelian dialectic is always about tension and turmoil leading to bigger Leviathan government CONTROL - of you. Join the Internet Reformation Revolution! Store food, water, cash, guns and essentials. ASAP!
Delwyn Lounsbury lives "off the grid" on 50 acres which has over a thousand trees and few neighbors in the San Francisco Bay Area of California. He is an Eagle Scout trustworthy and loyal.
In the seventies Dell published "The Economic Survival Letter."
His relevant and informative articles have been published on and linked back to by a myriad of websites - Including - Askives.com, Wikihow.com, Zerohedge.com, Christianpress.com, Libertariannews.org, Debate.org, Belligenerentpolitics.com, Worldnewsonline.com, Freerepublic.com, Conservativefocus.com, Examiner.com, Businessweek.com, Glennbeck.com, Newswithviews.com, Chicagotribune.com, Thesuit.com, Seekingalpha.com, Beforeitsnews.com, Thedailybell.com & more. Please feel free to use these hard-hitting articles and also LIKE & link back to us, donate and play it forward to further the cause of Liberty & Freedom against Tyranny.
Legal Notice / Disclaimer: These website articles and information are not and should not be construed as an offer to sell or the solicitation of an offer to purchase any investment. Delwyn Lounsbury makes no guarantee, representation or warranty and accepts no responsibility or liability. They are opinion only. Contact your own broker for investing.
This website contains the ideas and opinions of the author, Delwyn Dean Lounsbury - The Deflation Guru. It is a conceptual exploration of financial and general economic principles past present and future. As with any financial discussion of the future, there cannot be any absolute certainty. What this website does not contain is specific investment, legal, tax or any other form of professional advice except - to subscribe and pay heed to Elliott Wave International, the world's largest independent investment advisory service, at links provided. We are affiliates to advertising on these pages and an affiliate of Elliott Wave International (EWI) the world's largest independent investor advisory service and earn a commission for your joining a free Club EWI and any subscription to their paid newsletter and other services. Hurry and join free at links on this page. If specific advice is needed, it should be sought from an appropriate professional. Any liability, responsibility or warranty for the results of the application of principles contained in articles, websites, readings, videos, DVDs, books and related materials, either directly or indirectly, are expressly disclaimed by the author.
Alternate Media Truthtellers About Our Psycopathic Leaders & Their Malfeasance
I, DELWYN LOUNSBURY - THE DEFLATION GURU, am an Eagle Scout who is loyal, truthful, honest and trustworthy to you. “Be Prepared” is the Boy Scout motto. Isn't it?
Beware the coming deflationary Greater Depression caused by years of evil Zionist elite economic turmoil leading to a totalitarian takeover in a fascist socialist one world government dictatorship. Hurry before it is too late - GET PREPARED! Join Club EWI FREE at links. NOW! THE CRASH IS COMING!!
Above Image Courtesy www.Breitbart.com
(PROOF OBAMA WAS BORN IN KENYA)
Note* Barack Hussein Obama never wrote the book advertised here in a 1991 publishers promotional pamphlet put out by his literary agency, Acton & Dystel, of a coming Obama book for sale, "Images in Black and White."
Instead, Obama wrote (some say communist Bill Ayers actually wrote) "Dreams from My Father" an autobiography with a socialist slant depicting his communist father as an anticolonialist blaming the west for all the world's ills.
That is where lawless Obama's rogue renegade radical leftist transforming change ideas came from. Obama's upbringing came from communist family members (father and both grandparents on his mothers side), socialist mother and friends (In fact, mentor Frank Marshal was on the FBI communist list). Then came Marxist groups in college and finally socialist groups like the New Party in Chicago where he was a community organizer (communizer). See actual brochure from his publicist stating Barack Hussein Obama was born in Kenya, Africa.
His "Hope and Change" campaign slogan has morphed into WE HOPE HE CHANGES. Narcissist Obama showed himself to be an ideologue and a fascist dictator puppet and mole for the criminal Anglo American financial power elite international central banking families. This criminal cabal run by the Zioniist Rothschild family cabal cartel controls all the central (sovereign) banks of the world and wants one world government/new world order aka new underworld order control goal of global socialist fascist dictatorship at any cost or means.
Deflation and the Greater Depression along with the plight of most American citizens worsened under his statist agenda. Obama's legacy will be trillions of wasted stimulus spending, grotesque government growth and over 1,000 dictatorial executive orders - many unconstitutional - most illegal.
Working for his elite Rothschild handlers, Obama has led us to the brink of economic collapse and planned coup by actual Nazi oligarchs in the Ukraine. A phony Iran or Syrian war leading to a phony World War Three is next if we don't stop the insanity.
The elite scheme is get the people so demoralized that they can abscond with the last of the world's middle classes power, freedom and money in the coming Greater Depression. THINK: BIG BROTHER AND THE MAFIA JOIN UP!
The BANKSTER elite want a fascist socialist one world government dictatorship.
WHY THE BANKSTERS KILLED THE KENNEDY CLAN!
WHY BANKSTERS KILLED THE KENNEDY CLAN
"The very word "secrecy" is repugnant in a free and open society; and we are as a people inherently and historically opposed to secret societies, to secret oaths and secret proceedings.
We decided long ago that the dangers of excessive and unwarranted concealment of pertinent facts far outweighed the dangers which are cited to justify it. Even today, there is little value in opposing the threat of a closed society by imitating its arbitrary restrictions.
Even today, there is little value in insuring the survival of our nation if our traditions do not survive with it. And there is very grave danger that an announced need for increased security will be seized upon those anxious to expand its meaning to the very limits of official censorship and concealment.
That I do not intend to permit to the extent that it is in my control.
And no official of my Administration, whether his rank is high or low, civilian or military, should interpret my words here tonight as an excuse to censor the news, to stifle dissent, to cover up our mistakes or to withhold from the press and the public the facts they deserve to know."
For we are opposed around the world by a monolithic and ruthless conspiracy that relies on covert means for expanding its sphere of influence--on infiltration instead of invasion, on subversion instead of elections, on intimidation instead of free choice, on guerrillas by night instead of armies by day.
It is a system which has conscripted vast human and material resources into the building of a tightly knit, highly efficient machine that combines military, diplomatic, intelligence, economic, scientific and political operations.
Its preparations are concealed, not published. Its mistakes are buried not headlined. Its dissenters are silenced, not praised. No expenditure is questioned, no rumor is printed, no secret is revealed."
"No President should fear public scrutiny of his program. For from that scrutiny comes understanding; and from that understanding comes support or opposition. And both are necessary.
I am not asking your newspapers to support the Administration, but I am asking your help in the tremendous task of informing and alerting the American people. For I have complete confidence in the response and dedication of our citizens whenever they are fully informed.
I not only could not stifle controversy among your readers-- I welcome it.
This Administration intends to be candid about its errors; for as a wise man once said: "An error does not become a mistake until you refuse to correct it." We intend to accept full responsibility for our errors; and we expect you to point them out when we miss them.
Without debate, without criticism, no Administration and no country can succeed-- and no republic can survive.
That is why the Athenian lawmaker Solon decreed it a crime for any citizen to shrink from controversy.
And that is why our press was protected by the First (emphasized) Amendment-- the only business in America specifically protected by the Constitution-- not primarily to amuse and entertain, not to emphasize the trivial and sentimental, not to simply "give the public what it wants"--but to inform, to arouse, to reflect, to state our dangers and our opportunities, to indicate our crises and our choices, to lead, mold educate and sometimes even anger public opinion.
This means greater coverage and analysis of international news-- for it is no longer far away and foreign but close at hand and local. It means greater attention to improved understanding of the news as well as improved transmission. And it means, finally, that government at all levels, must meet its obligation to provide you with the fullest possible information outside the narrowest limits of national security...
And so it is to the printing press--to the recorder of mans deeds, the keeper of his conscience, the courier of his news-- that we look for strength and assistance, confident that with your help man will be what he was born to be: free and independent."