Why We Are Always Broke
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WHY WE ARE ALWAYS BROKE
This site is for anyone who would like to learn more about the book, the author, any many other
This is a short synopsis of some of the key points in the book
"Why We Are Always Broke begins with a description of how Native Americans were sold GUNS
AND DEBT resulted.
They were forced to give up their LAND IN PAYMENT FOR DEBT.
This is the first in a series of many cases of ECONOMIC EXPLOITATION LINKED TO WAR.
For almost 400 years CENTRAL BANKS HAVE PLACED GOVERNMENTS IN DEBT.
CENTRAL BANKS ARE PRIVATELY OWNED BANKS.
Most CENTRAL BANKS ISSUE A NATIONS CURRENCY.
This CURRENCY IS A GOVERNMENT DEBT OWED TO THE CENTRAL BANK.
WAR is a primary TOOL FOR CREATING DEBT. Much of our NATIONAL DEBT IS LINKED TO WAR.
DEBT CONTROLS PEOPLE.
In recent years ISLAMIC NATIONS have realized that they are being ECONOMICALLY EXPLOITED.
Several ISLAMIC NATIONS ARE ATTEMPTING TO ASSUME CONTROL OF THEIR OWN ECONOMY.
The book also examines some of the ECONOMIC STRUCTURES WHICH HAVE FOSTERED THIS
The BANK FOR INTERNATIONAL SETTLEMENTS NATO WORLD BANK GATT
WORLD TRADE ORGANIZATION
This book deals with the following issues and questions.
THOSE WHO SHOULD READ WHY WE ARE AKWAYS BROKE READ
THOSE WHO PROFIT FROM WARPROFIT
THE BOOK IS UNIQUE.UNIQUE
THE BOOK IS ACCURATE.ACCURATE
INFORMATION YOU WILL NOT FIND ELSEWHEREINFORMATION
CONNECTIONS NO ONE ELSE MAKES.CONNECTIONS
THE REAL TRUTH ABOUT WARSTRUTH
THE ISRAELI FACTORISRAELI
JOHN KENNEDY'S DEATH
A HISTORY OF HIDDEN AGENDASAGENDA
THE EFFECTS OF WARWAR
WHAT WE ARE NOT TOLD IN HISTORY CLASS.NOT TOLD
WHAT WAR TREATIES TELL US.TREATIES
WHAT ARE YOUR QUESTIONS?QUESTIONS
TO TALK TO THE AUTHORAUTHOR
TO ORDER A BOOKORDER
THOSE WHO SHOULD READ WHY WE ARE ALWAYS BROKE
Ever wonder how wars, national debt and political assassinations are related? Ever question what
the national debt really is? To whom is it owed? By whom is it owed? Ever suspect we are not
being told the truth about any of these important questions?
If you answer "yes" to any one of these questions you want to read Why We Are Always Broke. If
you answer "yes" to all of them you DEFINITELY want to read Surrogate Wars.
TITLE Why We Are Always Broke:things we need to know about the economy
AUTHOR Rev. William Crumley CSC
PUBLISHER Frontlist Publishing
THOSE WHO PROFIT FROM WAR
War and especially who profits from war is the central question in Why We Are Always Broke. The
book looks at some of the underlying institutions which help promote wars. Who finances wars?
Who profits from wars? It looks at several financial and political organizations that have been
created in the last 100 years as a result of war. Several treaties signed at the end of wars are
examined and the economic impact of those treaties are examined. A central thesis of the book is
that individuals and nations are controlled by keeping them in debt. War is a principal means of
President Eisenhower, a great military hero, warned us before leaving office in 1961 that every
dollar spent on war or defense ultimately was money taken from education, health care, and other
needs of our people.
The book also looks at the national debt which has grown so immensely in recent years. The debt
was due in large part to war. Someone profiited from that huge expense. To find out who, read the
THE BOOK IS UNIQUE.
One of the main reasons I wrote the book was because I could not find the answers to the
questions I was asking. In the book Crumley examines how money has been used as a
manipulation tool throughout history. Crumley begins by discussing the deals between European
settlers and American Indians, which forced the natives into debt. Then, Crumley takes readers
into the early 20th century. Central banks were created in Europe to gain control of less wealthy
nations by exercising a credit system. The power of these institutions expanded rapidly during the
expensive rebuilding efforts that were necessary after World Wars I and II.
The book also describes the potent influence of America's central bank, the Federal Reserve, on
this country and others. Crumley writes how this system of private bankers has manipulated the
U.S. Government by propagating debt. He details the main purpose of the Federal Reserve issued
money, which he says is to fund weapons manufacturing and U.S. Military activity.
In addition, Crumley discusses John F. Kennedy's attempts to loosen the Federal Reserve's grip
on the government before his death. Crumley shares his research on the United Nations, the Bank
for International Settlements and NATO,and shows how these organizations have influences
global interactions. He also writes how, after years of being manipulated, some nations in the
Middle East are fighting back by implementing new economic systems.
THE BOOK IS ACCURATE.
One of the top aides of Governor Blanco of Louisiana called the book "alarmingly accurate". The
book contains 175 quotes from notes and materials of persons who are directly involved in
decisions which lead us to war. One review of calls the book: "A thoroughly researched and
enlightening examination of the financial fuel behind military endeavors, it offers an important
perspective on historic events and today's conflicts."
A thoroughly researched and enlightening examination of the financial fuel behind military
endeavors, it offers an important perspective on historic events and today' s conflicts.
INFORMATION YOU WILL NOT FIND ELSEWHERE
The book looks at the very radical economic reforms President Kennedy was implementing in the
summer of 1963, just prior to his assassination. The book notes that no one looked at these
economic forces in investigating the death of JFK. Yet these reforms were the most radical and
far reaching acts of his abbreviated administration. The measures were abandoned immediately
after his death. The book looks at the warning given to us in the final "State of the Union" address
of President Eisenhower in 1961.
Why We Are Always Broke also looks at the political steps several Islamic nations are taking to
enable them to regain their economic integrity. It looks at the Egyptian constitution, a decision of the
Pakistan Supreme Court outlawing usury, and the attempt of several Islamic nations to form a
coalition and create their own central banks based on real resources rather than on debt.
CONNECTIONS NO ONE ELSE MAKES.
The book looks at the international monetary system in place today. It examines how war played a
very central factor in creating this system. It examines the economic forces which drive war.
Chapter two looks at the evolution of central banks. These banks are almost always private
institutions owned and run by bankers. But these central banks take over the role of creating
money. They determine the economic policy of nations. Our own central bank, the Federal Reserve,
performs these duties in violation of our constitution.
Why We Are Broke looks at The Bank For International Settlements set up at the end of World War 1.
The stated intention of the bank was to create a fund which would enable Germany and several
other European nations to pay off the debt they had incurred as a result of World War 1. A large
portion of that debt was owed to the United States of America. According to the plan agreed upon,
the USA was to put up the bulk of the money owed. These funds would form the capital of the bank.
Interest accruing from this money would be used to pay off the debt, most of which was owed to the
THE REAL TRUTH ABOUT WARS
The book looks at what really causes wars, who profits from war, who pushes war. The titles of the
various chapter give a good description of the book.
The Introduction was written as a response to a publisher who called the author within a few days
of initially receiving the book. He had praise for the book but his objection was it would not sell. He
went on to say "What does a priest know about the economy? If people want to know about the
economy they will read Alan Greenspan."
Chapter 1 "Wards of the Government" describes how Native Americans, self supporting
indigenous nations, were subdued by placing them in debt that eventually forced them to cede
their land and they became wards of the government.
Chapter 2 "Not Just The Indians" looks at how the U.S. Federal Government has used the same
tactics to place the ordinary citizen of today into debt - debt often used to finance war.
Chapter 3 "Wards of the Banks" describes how governments themselves were forced into debt by
a series of large central banks who issued currency which only increased each nation\'s debt.
Chapter 4 "The Federal Reserve" describes our own central bank, the Federal Reserve. It was
patterned after older European central banks and designed to place our own national government
in debt to and under the control of the Federal Reserve.
Chapter 5 "The Role of War" describes how European colonial empires fell after World War Two
and the United States took over as colonial master of the world with certain dire consequences.
Chapter 6 "The Remedies of War" describes the internationalization of finances after World Wars
One and Two. It also shows how the United Nations was formed by an international group of
financiers and describes the unsuccessful attempt of President Kennedy to change this direction.
His assassination ended his attempt to make such changes.
Chapter 7 "Inevitable Results of War" describes the growth of the military, industrial complex and
multi national corporations as a result of war.
Chapter 8 "Why Iraqis Are (and have a right to be) Angry looks at the economic effects on Iraq of the
Iraqi war. It documents how the Federal Reserve took over the monetary system of Iraq and placed
Iraqi money in the Bank for International Settlements. It also documents other economic effects of
the war upon Iraq.
Chapter 9 "Conclusions" is a summary of the book and offers a few suggestions on how the
ordinary citizen can respond.
THE ISRAELI FACTOR
Why We Are Always Broke describes how Great Britain began and actually took over the process of
creating a Zionist state. Britain was interested in obtaining control of Near East shipping. Finally in
the 1940\'s the state of Israel was created. Great Britain agreed to ensure the rights of the Muslims
and other non Jews in the area.
In fact Great Britain did not take steps to insure the rights of non Jews. In the first three years
700,000 Israelis entered the new state. So over 600,000 Arabs were expelled from the areas and
had to seek homes in refugee camps. The situation only became worse. Eventually the United
States was forced to try and pick up the pieces. Two major attempts (The Camp David Accord
in 1979 and the Oslo Agreement in 1993 )were made to bring order into the area but neither were
The main issues in Israel have not been religious or political but economic.
JOHN KENNEDY'S DEATH
For the last fifteen months of his term as President, John Kennedy took several steps to restore
economic stability to the United States and to cut back on our military, especially foreign military,
expenses. He began steady cutbacks in our military and military spending. He attempted to placed
control of our money back in the hands of our government rather than a group of private bankers.
Kennedy planned to spend less money on European defense. He was cutting back our personnel
in Vietnam and hoping within a few years to totally pull them out.
Kennedy was attempting to stop the flow of gold from the USA. He was attempting to put the
control of our money back in the hands of our government. This was in direct opposition to the
plan of the international bankers who were attempting to set up a single world economy.
With the death of John Kennedy American involvement in Vietnam intensified. Aid to Israel was
increased. Attempts to base the U.S. economy on a real asset rather than on debt were halted.
Despite the fact that Kennedy was acting in direct opposition to the most influential and powerful
monetary groups in the world, no mention was made of this in any investigation of his
A HISTORY OF HIDDEN AGENDAS
The fact that weapons of mass destruction were never found have Americans questioning the
reasons behind the Iraqi invasion. In his book, Why We Are Always Broke William Crumley offers
insight into today's conflicts by revealing a history of hidden agendas.
The book examines how money has been used as a manipulation tool throughout history. Crumley
begins by discussing the deals between European settlers and American Indians, which forced the
natives into debt. Then, Crumley takes readers into the early 20th century. Central banks were
created in Europe to gain control of less wealthy nations by exercising a credit system. The power
of these institutions expanded rapidly during the expensive rebuilding efforts that were necessary
after World Wars I and II.
All of these hidden agendas helped forced nations into the debt of large governments.
Central banks were created in Europe to gain control of less wealthy nations by exercising a
credit system. The power of these institutions expanded rapidly during the expensive rebuilding
efforts that were necessary after World Wars I and II.
The book also describes the potent influence of America s central bank, the Federal Reserve, on
this country and others. This system of private bankers has manipulated the U.S. Government by
propagating debt. The book details the main purpose of the Federal Reserve issued money, which
is to fund weapons manufacturing and U.S. Military activity. In addition, the book discusses John F.
Kennedy s attempts to loosen the Federal Reserve's grip on the government before his death.
Underlying the entire book is the question of social justice, a prominent issue in Christian
churches in the last 50 years. The book looks at the breakdown of some basic religious values in
particular the attitude of churches toward usury. Originally usury was condemned and outlawed by
Jewish, Christian, and Islamic teaching. Today only Islam maintains a strict condemnation
of usury. Jewish opposition to usury began to wane when the large central banks become
controlled by Jewish bankers.
Christian opposition (especially Catholic opposition) began to wane when the Vatican formed its
own international bank. Usury is still a system contrary to the Old Testament and to the Gospel of
Jesus Christ. The book looks at present day Islamic teaching which still forbids usury and Islamic
policy which is setting up economic systems which forbid usury. The book gives a good insight
into the gap between Islamic and Judeo-Christian thought. It offers an insight into the underlying
issues behind many present days conflicts in the Middle East.
THE EFFECTS OF WAR
We are very aware of the bombing and devastation created by war. We lament the loss of life. We
do not often see the more long term effects of war that are created by the implementation of
certain economic policies.
A year before the end of World War 2 a conference was held at Bretton Woods, New Hampshire.
This conference set up some of the tools eventually to be used by the United Nations. The
structure of the World Bank was set up at this conference. It took a slightly different spin than the
Bank For International Settlements. Instead of settling war debts this bank loaned money
to third world nations for "development" . This so called development allowed mega-corporations
to come into third world nations and set up large industrial complexes.
This "development" had several consequences. 1) It destroyed local and native land use patterns.
2) It forced people off of the land which they had used to sustain their existence. 3) It brought in
outside corporations who took over the land and evicted people from it. 4) It created large debts
owed by the governments of these nations.
WHAT WE ARE NOT TOLD IN HISTORY CLASS.
The untold part of history has usually been the economic. The evolution of central banks and its
consequences, the role of central banks in forming history, the role played by debt in international
relations, the economic impact of war, the economic institutions created by war, and the economic
factors underlying the death of President Kennedy are not told in history books. Why we Are
Always Broke does tell those stories.
WHAT WAR TREATIES TELL US.
One of the main ways we can see the underlying reasons for wars is to examine the treaties which
end the war. One of the main reasons for the American Revolution was to break English economic
control of its North American colony. The colonists even pledged to cut back on their life style so
they would not be under British economic control. The colonists went so far as to say they would
ban English commerce. The colonists won the war and England was granted full trading rights and
full access to the Mississippi River.
At the end of both major world wars there were international banks set up to control international
trade and oversee the exchange of commerce. Even the apparently "military" parts of the treaties
were more about international trade and commerce.
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WHAT ARE YOUR QUESTIONS?
We may not have addressed the questions which most concern you. If not you can reach is in one
of three ways. You may call us 337-923-4281
or write us at P. O. Box 278 Charenton. Louisiana 70523-0278
or email us bill crumley
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