Insiders Power May 2015

7/21/2019 Insiders Power May 2015

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ACCNBIC LOZRIZ@AKB KOPAEN4 PHNZN AU V@L NKEZQVPAOK UOLPRIZN (@ABAGIZM) PHIP PZIEMU OVNK V@L @OE^GNKPU \AI PHN AKPNZKNP. OKEN O^Z

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Ik AktnrIkicyst Vujcaeitaok
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2/46

Eopyrabht :69> AktnrIkicyst, CCE :

Vcnisn timn thn tagn to rni` thas nktarn knwscnttnr is at wacc eciraly i joitcoi` ol gasàrnetaok,eoggukast ik` Girxast propibikì thrust akto thn Ignraeik psyehn.

Phn Erniturn Lrog Dnmycc Ascikàs i totic gasrnprnsnktitaok ol thn liets ik` nvnkts. At as vnry okn-

sa`n` ik` abkorns thn rnic gikapucitaok ol thn Ln` jy thn bovnrkgnkt lor thnar owk pocataeic sncl-

aktnrnst.

At progotns thn vnry sign Girxast/soeaicastae jncanls lrog thn Vrobrnssavn Nri thit bivn us thn Knw @nic

ik` rojjn` nvnry okn ol thnar luturn4 ictnrakb thn ligacy strueturn ak thn Rnst lornvnr.

Phn orabakic `nsabk ol thn Ln` wis to jn pravitn, lor jikms wnrn to eoktrajutn to luk` thnar owk jiacouts,

is DV Gorbik hi` òkn timakb thn cni` ùrakb thn Vikae ol 9162. At wis kot to jn i bovnrkgnkt jiacout

opnritaok. Phn ^katn` Utitns hi` ko enktric jikm it thit tagn. Phnrn wis knvnr iky aktnkt to ernitn thn

akstatutaok is at nxasts toìy4 thn orabakic nsabk wis ictnrn` rigitaeiccy jy ciwynrs who knvnr

uk`nrstoo` thn gi`knss ol thnar owk gak`s ak thnar pursuat ol pownr is pocataeaiks.

Rn gust icso coom it thn eoktnxt ol thn nri lrog whaeh Brallak `riws has a`nis lrog DV Gorbiks

Pnstagoky (I``nkùg I).

Rn gust jn eirnluc lor gueh ol whit hn sia` as shnnr propibikì, àrnetn` it thn jikmnrs to support

thn rasn ol Girxasgthn knw Vrobrnssavn Govngnkt. Phas govngnkt lakiccy sueenn`n` wath thn Knw

@nic ik` thn Brnit @nprnssaok loeusakb jcign it jikmnrs, whnk ak liet Nuropn eoccipsn` akto i

Uovnrnabk @njt Erasas ak 9159, whaeh snkt thn òccir soirakb ik` i eipatic eokenktritaok lrog irouk` thn

worc` gi`n thn 91:1 habh dust is thn Kammna pnimn` ak Dipik ùrakb 9181. Po coom it thas nri wn

ijsocutncy gust stnp jiem ik` coom it thn whocn satuitaok àspissaokitncy. Al wn ò kot put thas

eokspariey isa`n, wn wacc knvnr uk`nrstik` whit rniccy knn`s to jn rnlorgn`.
http://www.amazon.com/s/ref=as_li_ss_tl?_encoding=UTF8&camp=1789&creative=390957&field-keywords=creature%20fron%20jekyll%20island&linkCode=ur2&tag=intera0b5-20&url=search-alias%3Daps&linkId=LREVGRMDNT332E3Zhttp://www.amazon.com/s/ref=as_li_ss_tl?_encoding=UTF8&camp=1789&creative=390957&field-keywords=creature%20fron%20jekyll%20island&linkCode=ur2&tag=intera0b5-20&url=search-alias%3Daps&linkId=LREVGRMDNT332E3Zhttp://www.amazon.com/s/ref=as_li_ss_tl?_encoding=UTF8&camp=1789&creative=390957&field-keywords=creature%20fron%20jekyll%20island&linkCode=ur2&tag=intera0b5-20&url=search-alias%3Daps&linkId=LREVGRMDNT332E3Zhttp://www.amazon.com/s/ref=as_li_ss_tl?_encoding=UTF8&camp=1789&creative=390957&field-keywords=creature%20fron%20jekyll%20island&linkCode=ur2&tag=intera0b5-20&url=search-alias%3Daps&linkId=LREVGRMDNT332E3Zhttp://www.interanalyst.us/


3/46

Eopyrabht :69> AktnrIkicyst, CCE 5

Rn gust icso coom it thn eoktnxt ol thn nri lrog whaeh Brallak `riws has a`nis. Rn gust jn NXPZNGNCQ

eirnluc lor gueh ol whit hn sia` as shnnr propibikì, àrnetn` it thn jikmnrs to support thn rasn ol

Girxasgthn knw Vrobrnssavn Govngnkt. Phas govngnkt lakiccy sueenn`n` wath thn Knw @nic ik` thn

Brnit @nprnssaok loeusakb jcign it jikmnrs, whnk ak liet Nuropn eoccipsn` akto i Uovnrnabk @njt Erasas

ak 9159, whaeh snkt thn òccir soirakb ik` i eipatic eokenktritaok lrog irouk` thn worc` gi`n thn 91:1

habh dust is thn Kammna pnimn` ak Dipik ùrakb 9181. Po coom it thas nri wn ijsocutncy GÛP stnp jiem

ik` coom it thn whocn satuitaok àspissaokitncy. Al wn ò kot put thas eokspariey isa`n, wn wacc knvnr

uk`nrstik` whit rniccy knn`s to jn rnlorgn`.

Jnlorn Roo`row Racsok jneign prnsa`nkt, hn wis thn hni` ol Vrakentok ^kavnrsaty, ik` uttnrn` priasn

lor Gorbik ik` has nllort to sivn thn jikmakb systng ùrakb thn Vikae ol 9162. Phn Girxasts wnrn

rnspoksajcn wnrn turkakb thn jikmnrs to nvac ak ik ittngpt to ncagakitn lrnnòg. Iltnr icc, thas wis thn

rasakb snktagnkt ehnnrakb Girxasg ik` ngokazakb eipatic loeus ok thn jikmnrs. Phas wis thnar ibnkì

thit wn irn stacc pcibun` jy to thas ìy. Phas joom ehigpaokn` thn nktarn Girxast irbugnkt wathout

rnicazakb whosn sa`n hn toom.Rn gust jn NXPZNGNCQeirnluc hnrn

lor to i`voeitn thn nk` ol enktric

jikmakb as to i`voeitn eoggukasg. @o

kot lorbnt thit 9192 siw thn Zussaik

Znvocutaok, ik` ak 9198 thn

Eoggukast Znvocutaok ak Bnrgiky

thit proùen` thnar ligous

hypnraklcitaok. Jn eirnluc whit you

wash lor, al at jneign trun you wouc`

hik` gorn pownr to bovnrkgnkt, ik`

thny wouc` covn thit to hippnk. Phnar

bons icc your lrnnòg ik` wath

ncnetrokae gokny, you wacc jn

eokvnrtn` to neokogae scivns lor thn

stitn, kot so àllnrnkt lrog dust cavakb
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thn `rnig ak thn Gitrax. Ism yoursncl, ò you wikt thn truth or ò you prnlnr to cavn thn `rnig? Phnar

`rnig jy thn wiy, kot yours.

Phn àllnrnken jntwnnk thn jikmnrs ol Gorbiks ìy ik` toìy as vnry àllnrnkt. Phn erasas ukloc`n`

jneiusn ol thn ecissae gasgiteh jntwnnk `nposats, whaeh irn ok i `ngik` jisas, ik` coiks, whaeh irn

cokb-tnrg camn gortbibns. Rhnk thn `ngik`s to wath`riw nxenn` iviacijcn eish (lrietaokic jikmakb),

thn jikm liacs. Poìy, thn jikmnrs irn tri`nrs ik` hivn govn` totrikskitaokicjikmakb to stiy caqua`

ijikòkakb thn oc` ìys ol Gorbik whnk jikms wnrn rncitaokshaporanktn` ik` à` kot rnsncc thn coiks

thny gi`n ietakb gorn camn jromnrs.

DVGorbik Ehisn ENO,Digan @agok, toc` Eokbrnssthit thn jikms gissavn coss eik jn jcign` ok

aksullaeankt rasm eoktrocs ik` i liacurn jy tri`nrsto uk`nrstik` thn jnts thny wnrn pcieakb. Hn ietuiccy

stitn` thit hn liacn` ak has gikibngnkt ynt rntiakn` thn doj lor hn wis rniccy luccy ok-joir`. Phas as

kot rncitaokshap jikmakbik` at as nktarncy àllnrnkt lrog thn ìys ol D.V. Gorbik vanw ol jikmakb. @agok

cojjan` Eokbrnss toroccjiem @o``-Lrikmso thny eouc` eoktakun to tri`n giaktiakakb thnar triksietaok

jikmakb go`nc thny usn` to bnt Eokbrnss to rnpnic Bciss-Utnibicc jy thn Ecaktok I`gakastritaok ik` kow

Hacciry jnbs lor gokny lrog thn sign pnopcn ik` wikts to ruk thn kitaok is UHN @A@jnlorn (camn

Ehnkny). Phikms to thn Ecaktoks, who irn icwiys iviacijcn to thn habhnst ja``nr, whnk thn jikms jcow

up ok triàkb ibiak, thas wacc jatn Eokbrnss ak thn iss lor thn :69< ncnetaoks. A hopn thit al wn uk`nrstik`

thn projcng, wn wacc gimn thn rabht socutaok thas tagn al wn nxigakn thn truth.

Qns, thn Ln` jnbik nllnetavncy is pravitn eoksortaug ol jikms to ieeogpcash whit D.V. Gorbik à` to

rnseun thn jikmakb systng urakb thn Vikae ol 9162 thit sivn` thn iy. Phn jikmakb erasas ol thit nri

wis kot ùn to pnopcn jcowakb up wath thnar triàkb is ak Priksietaokic Jikmakbtoìy. Phn Vikae ol9162 wis thn ecissae gasgiteh jntwnnk `ngik` ik` coiks thn lrietaokic jikmakb ncngnkt.
https://www.youtube.com/watch?v=3r8_c_XG_-khttps://www.youtube.com/watch?v=3r8_c_XG_-khttps://www.youtube.com/watch?v=3r8_c_XG_-khttp://www.forbes.com/sites/stevedenning/2014/12/12/with-dodd-frank-rollback-the-big-bad-banks-are-back/http://www.forbes.com/sites/stevedenning/2014/12/12/with-dodd-frank-rollback-the-big-bad-banks-are-back/http://i2.wp.com/armstrongeconomics.com/wp-content/uploads/2013/07/Glass-Steagall-Signing-Repeal.jpghttp://www.forbes.com/sites/stevedenning/2014/12/12/with-dodd-frank-rollback-the-big-bad-banks-are-back/https://www.youtube.com/watch?v=3r8_c_XG_-khttp://www.interanalyst.us/


5/46

Eopyrabht :69> AktnrIkicyst, CCE >

I pnrao` ol i tngporiry eish shortibn jurst lorth

ùrakb thn Vikae ol 9162. Dohk Vanrpokt Gorbik (9852-

9195) sivn` thn ìy `nspatn rnenavakb erataeasg lor

abkorakb has brnit pitraotasg ik` eoktrajutaok to thn

eouktry. Phn Vikae jnbik whnk thnrn wis ik ittngpt to

gikapucitn thn girmnt ak ^katn` Eoppnr Eogpiky,

whaeh wis i short squnnzn thit jiemlarn`. Phas wis thn

eiticyst, kot thn eiusn. Phn spirm abkatn` thn Vikae thit

toom pcien. Phny jorrown` gokny to juy stoem to ernitn

thn squnnzn lrog thn Mkaemnrjoemnr Prust ik` su``nkcy

thny eouc` kot piy jiem thnar coiks, jrakbakb thn jikm

akto liacurn. D.V. Gorbik bithnrn` has issoeaitns to

nxigakn thn jooms ol thn Mkaemnrjoemnr Prust jut louk`

at wis aksocvnkt ik` `nea`n` kot to aktnrvnkn to stop thn

ruk. Rhnk at jneign ecnir thn Mkaemnrjoemnr Prust

wouc` liac, thn ruk sprni` to othnr jikms ik` i

eoktibaok brnw. Phn Prust Eogpiky ol Ignraei ismn` Gorbik lor hncp. Gorbik kow jroubht ak Larst

Kitaokic Jikm ik` Kitaokic Eaty Jikm ol Knw Qorm (citnr Eata Jikm), ik` thn Û Unerntiry ol thn Prnisury.

Gorbik hi` i quaem iuàt ol thn jikm ik` `necirn` thit thas wis whnrn to `nlnk`. Is thn ruk jnbik,

Gorbik wormn` wath has issoeaitns to sncc thn issnts ol thn jikm to lrnn up eish lor thn `nposators. Phn

jikm survavn` thn ecosn ol jusaknss thit ìy lor thas as icwiys i EOKLA@NKENbign.
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6/46

Eopyrabht :69> AktnrIkicyst, CCE gaccaok. Gorbik eokvaken` thn Prnisury to nposat $:> gaccaok ak KQ

jikms. Dohk @. Zoemnlnccnr, thn wnicthanst gik ak Ignraei, `nposatn` $96 gaccaok wath Eaty ik` eiccn` thn

Issoeaitn` Vrnss to ikkouken has pcn`bn to hncp thn KQ jikms. Koknthncnss, thn Knw Qorm jikms thnk,

is kow, provn` to jn thnar worst nkngy. @nspatn thn nllorts ol Gorbik to ernitn thas aklusaok, thny wnrn

rncuetikt to cnk` iky gokny lor short-tnrg stoem triàkb. Phn stoem girmnt erishn` is i rnsuct. Jy 9456

pg ok Oetojnr :0th, thn prnsa`nkt ol thn KQUN wnkt to tncc Gorbik thn nxehikbn wouc` ecosn nircy.

Gorbik wis cava`. Hn uk`nrstoo` thit thas wouc` rnakloren thn Vikae ik` hn `rnw thn cakn ik` wouc` kot

iccow at. Gorbik wirkn` thit al thn KQUN ecosn` nircy, at wouc` jn eitistrophae to siy thn cnist. Oken

ibiak, hn suggokn` thn jikmnrs who irravn` jy ijout :466 pg ik` Gorbik prntty gueh ynccn` it

thng, wirkakb thit is giky is >6 stoem jromnribn largs wouc` liac ukcnss thny eouc` riasn $:> gaccaok

wathak thn knxt 96 gakutns! Jy :49< pg, 90 jikms pcn`bn` $:5.< gaccaok to mnnp thn stoem nxehikbn

icavn. Phn gokny rniehn` thn nxehikbn jy :456 pg, to lakash triàkb it 5466 pg. Ak rnicaty, thny okcy

knn`n` to rnieh $91 gaccaok. @nspatn has hitrn` lor thn prnss who sncòg trnitn` hag liarcy, Gorbik

bivn i rirn eoggnkt to thn prnss, àseussakb thn gittnr it hik`.
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7/46


Phn knxt ìy, thn KQUN knn`n` gorn gokny, jut thas tagn Gorbik eouc` okcy riasn $1.2 gaccaok. Gorbik

àrnetn` thn KQUN kot to usn thn gokny lor girbak sicns or short snccakb. Phn nxehikbn gi`n at to thn

ecosn. Gorbik mknw hn hi` to turk thn gak`s ol thn pnopcn ik` to rnstorn thnar erataeic EOKLA@NKENto

stop thn Vikae. Gorbik thik lorgn` two eoggattnns4 okn lor pnrsuiàkb thn ecnrby to prnieh eicg to

thnar eokbrnbitaoks ok Uukìy, ik` thn othnr to sncc thn a`ni ol eciag to thn prnss. Gorbik wis

`nspnritncy tryakb to hoc` thn kitaok tobnthnr. ^kmkowk nvnk to has issoeaitns, thn Eaty ol Knw Qorm

eouc` kot riasn nkoubh gokny throubh ats jok` assun ik` at aklorgn` Gorbik thit at knn`n` $:6 gaccaok

jy Kovngjnr 9st, 9162, or thn eaty wouc` bo akto jikmruptey. Gorbik hagsncl eoktrietn` to purehisn

$56 gaccaok ak Knw Qorm Eaty jok`s.

Ok Kovngjnr :k`, 9162, okn ol thn cirbnst stoem nxehikbn jromnrs, Goorn & Uehcny, wis hnivacy ak

`njt usakb thn Pnkknssnn Eoic, Arok & Ziacroi` Eo. stoem is eoccitnric. Phn thakcy tri`n` stoem wis uk`nr

prnssurn. Phnar ernàtors wouc` kow surncy eicc thnar coiks. Gorbik eiccn` ikothnr ngnrbnkey gnntakb

lor i proposic put lorth thit Û Utnnc Eorp, wouc` iequarn thn stoem ak jucm. Qnt ikothnr erasas wis

coogakb. Zuks wnrn kow camncy to hat two jikms ok Gokìy. Gorbik suggokn` 9:6 jikms ik` toc`

thng hn wouc` kot proenn` wath thn Û Utnnc `nic ukcnss thny supportn` thn jikms.

Gorbik proenn`n` to coem thng ak has cajriry ik` toc` thng thny hivn to eogn up wath $:> gaccaok to

sivn thn jikms. At toom icgost : hours. Gorbik lakiccy eokvaken` thng thit thny hi` to jiacout thn

jikms to sivn thnar owk smaks. Phny sabkn` thn ibrnngnkt, ik` hn ukcoemn` thn òors ik` cnt thng

cnivn.
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8/46


Gorbik wis sivakb thn kitaok ibiak, sakbcn-hik`n`cy. Hn thnk

turkn` jiem to sivn thn KQUN. Hn mknw thn projcng wouc` jn thn

Girxast aksparn` Iktatrust Ciws (Uhnrgik Iktatrust Iet), ik` thn

erusiàkb Girxast/Vrobrnssavn Vrnsa`nkt Pn``y Zoosnvnct (98>8-

9191). Jrnimakb up eogpikans thit hn jncanvn` wnrn gokopocans

jneign thn pragiry loeus ol Zoosnvncts i`gakastritaok. Po sivn thn

ìy, hn wouc` hivn to snn thit thn Iktatrust Ciws gust yanc`.

Pwo gnk thus trivncn` to thn Rhatn Housn to agpcorn Zoosnvnct to

snt isa`n has Iktatrust Ciws to sivn thn kitaok. Is typaeic, Zoosnvncts

snerntiry rnlusn` to cnt thng ak to àseuss thn projcng. Phn two

gnk, Lraem ik` Biry ol Û Utnnc turkn` to Digns Birlanc` who wis

Unerntiry ol thn Aktnraor it thit tagn ik` sok lorgnr Vrnsa`nkt

Birlanc`. Phny pcni`n` wath hag to bo to thn prnsa`nkt àrnetcy.Birlanc` hi` eokvaken` Zoosnvnct to rnvanw thn proposic ik` Zoosnvnct wis lor thn larst tagn loren` ak

to i eorknr. Hn hi` to rnicazn i eoccipsn ol thn KQUN wouc` timn pcien al hn à` kot yanc` ak has ikta-

eorporitn jncanls. Zoosnvnct citnr cignktn`4

At wis knenssiry lor us to `nea`n ok thn akstikt jnlorn thn Utoem

Nxehikbn opnkn`, lor thn satuitaok ak Knw Qorm wis sueh thit iky

hour gabht jn vatic. A ò kot jncanvn thit ikyokn eouc` dustcy

erataeazn gn lor siyakb thit A wouc` kot lnnc camn ojdnetakb to thn

purehisn uk`nr thosn eareugstikens.

Loccowakb thn knir eitistrophae lakikeaic àsistnr mkowk is thn Vikae ol 9162, thn govngnkt lor

jikmakb rnlorg paemn` up stnig igokb Ricc Utrnnt jikmnrs, Znpujcaeiks, ik` i lnw nistnrk @ngoerits.

Hownvnr, gueh ol thn eouktry wis stacc àstrustluc ol jikmnrs ik` ol jikmakb ak bnknric, nspneaiccy iltnr

Vikae ol 9162. Iltnr two `nei`ns ol gakoraty stitus, @ngoerits rnbiakn` eoktroc ol Eokbrnss ak 9196

ik` wnrn ijcn to jcoem snvnric Znpujcaeik ittngpts it rnlorg, nvnk thoubh thny rneobkazn` thn knn`

lor sogn mak` ol eurrnkey ik` jikmakb ehikbns. Is icwiys, at wis gorn agportikt to lurthnr pocataeic

pirty pownr thik ietuiccy ò thn rabht thakb lor thn kitaok.

Ak 919:, Vrnsa`nkt Roo`row Racsok (98>


9/46


ynir, Eokbrnss nkietn` thnIc`raeh-\rnncik` Ietol 9168 nstijcashakb thn Kitaokic Gokntiry

Eoggassaoklorgakb i stu`y broup ol nxpnrts to eogn up wath i kokpirtasik socutaok. Phny vanwn` thn

ciem ol i enktric jikm ak Ignraei, ak eoktrist to Nuropn, is thn thrnit to neokogae stijacaty igokb thn

jikmnrs is laccn` jy D.V. Gorbik urakb thit erasas.

I Kitaokic Gokntiry Eoggassaoklorgn` ik` thn Znpujcaeik cni`nr ak thn Unkitn, Unkitor Kncsok

Ic`raeh (9809-919>) toom ehirbn. Ic`raeh wis i jraccaikt gik who wis pissaokitn ijout rnvasakb thn

Ignraeik lakikeaic systng. Phn Eoggassaok wnkt to Nuropn ik` wis ùcy agprnssn` it how wncc thny

jncanvn` thn enktric jikms ak Jratiak ik` Bnrgiky hik`cn` thn stijacazitaok ol thn ovnricc neokogy ik`

thn progotaok ol aktnrkitaokic tri`n. Phn Eoggassaok assun` sogn 56 rnports jntwnnk 9161 ik` 919:,

whaeh prnsnrvn` i wok`nrluc ntiacn` rnsouren survnyakb ol jikmakb systngs ol thn citn 91th ik`

nircy :6th enkturans it thit tagn. Phnsn rnports nxigakn` icso thn Eikiàik jikmakb hastory ak i`àtaok

to thn jikmakb ik` eurrnkey systngs ol Jncbaug, Nkbcik`, Lriken, Bnrgiky, Aticy, Gnxaeo, Zussai,

Uwatznrcik`, ik` othnr kitaoks. Phny icso prova`n` ik nxenccnkt rnvanw ol ognstae .U. lakikeaic ciws

ln`nriccy is wncc is stitn jikmakb stitutns. Phnsn rnports eoktiak nssiys ol eoktngporiry spneaicasts is

wncc is i host ol ìti ak tijcns, ehirts, briphs, ik` liesagacns ol jikmakb lorgs ik` òeugnkts. Phnrn

irn icso trikserapts ol rncnvikt pocataeic spnnehns, aktnrvanws, ik` viraous hnirakbs.

Ak 9196, Ic`raeh gnt wath Lrikm \ik`nrcap ol Kitaokic Eaty Jikm (Eatajikm), Hnkry @ivasok ol Gorbik

Jikm, ik` Viuc Rirjurb ol thn Muhk, Conj Akvnstgnkt Housn snerntcy. Phny gnt it Dnmycc Ascik`, i rnsort

ascik` oll thn eoist ol Bnorbai, to àseuss ik`

lorgucitn jikmakb rnlorg, akecu akb pciks lor i

lorg ol enktric jikmakb thit wouc` ieeogpcash

thn rocn ol D.V. Gorbik pciyn` urakb thn Vikae

ol 9162. Phny hnc` thn gnntakb

ak snerntjneiusn thn pirtaeapikts mknw thit thnHousn ol Znprnsnktitavns wouc` rndnet iky pcik

thny bnknritn` bavnk thnaktnksn hitrn` ol thn

jikmnrsik` Ricc Utrnnt ak thn

lnstnrakb Girxast/Vrobrnssavnitgosphnrn.

^klortukitncy, jneiusn thas gnntakb wis ak snernt akvocvakb Ricc Utrnnt, thn whocn Dnmycc Ascikìlliar

rngiaks ecoimn` ak eokspariey thnorans. Knvnrthncnss, thas aktnksn jais ik` eokspariey thnory his icwiys

ovnrnstagitn` joth thn purposn ik` sabkalaeiken ol thn gnntakb ak cabht ol thn nxtnksavn worm ol

thn Kitaokic Gokntiry Eoggassaok. Znlorg wis nssnktaic. Hownvnr, thosn two wor`spocataeic

neokogyeouc` kot jn àvoren`.

DNMQCC AUCIK@ EC^J
http://www.interanalyst.us/


10/46


^pok has rnturk, Ic`raehs akvnstabitaok cn` to has pcik ak 919: to jrakb enktric jikmakb to thn katn`

Utitns wath icc ats progasns ol lakikeaic stijacaty ik` nxpik`n` aktnrkitaokic rocns ak tri`n ik` gokny

lcow. Ic`raeh mknw thn ìkbnrs ol Ignraeik pocataes ik` aksastn` thit eoktroc jy agpirtaic nxpnrts wis

nssnktaic. Vcieakb jikmnrs it thn hncg rithnr thik pocataeaiks wis rniccy thn okcy wiy to proenn`. Phn

two wor`s, pocataeic neokogy, hi` to jn àvoren` ak has gak`. Phnrn wis to jn ijsocutncy KO pocataeic

gn``cakb ak lakiken is hi` jnnk thn eisn uk`nr Ik`rnw Diemsok (92>2-980>). Ic`raeh issnrtn` thit i

enktric jikm wis nssnktaic ynt thn àvnrsaty ik` sazn ol thn ^katn` Utitns prnsnktn` i àstaketcy àllnrnkt

twast to thn Nuropnik satuitaok.

Ic`raeh eokecu`n` thit Nuropn hi` giky eouktrans wath àvnrsn neokogae go`ncs. Hn rnicazn` thit whacn

thn ^katn` Utitns knn`n` i enktric jikm, piriòxaeiccy at icso rnquarn` saguctiknous `nenktricazitaok to

eopn wath joth thn neokogy ik` thn sncl-`nlnitakb Ignraeik pocataeic systng. Ic`raeh ipprneaitn` thn

liet thit coeic pocataeaiks ik` jikmnrs wouc` ittiem thn enktric jikms, is thny hi` thn Larst ik` Uneok`Jikm ol thn ^katn` Utitns. Ic`raeh aktroùen` has jraccaikt pcik ak


11/46


Phn Ic`raeh Vcik proposn` i systng ol

laltnnk rnbaokic enktric jikms,

eiccn` Kitaokic Znsnrvn Issoeaitaoks,

whosn ietaoks wnrn to jn eooràkitn`

jy i kitaokic joir` ol eoggnreaic

jikmnrs to ò KOgorn thik jn i

cnk`nr ol cist rnsort is D.V. Gorbik

hi` ietn` ùrakb thn Vikae ol 9162.

Phn Kitaokic Znsnrvn

Issoeaitaokwouc` gimn ngnrbnkey

coiks to gngjnr jikms, thny wouc`

ernitn gokny to prova`n ik ncistae

eurrnkey thit nkijcn` nquic

nxehikbns lor ngik` nposats, ik`

wouc` iet is i laseic ibnkt lor thn

ln`nric bovnrkgnkt. Eokbrnss nk`n`

up rndnetakb Ic`raehs a ni, whaeh wis

`nlnitn` ak thn Housn is pocataes supnrsn`n` thn kitaokic boo`. Hownvnr, has outcakn a` jneogn i

go`nc lor i luturn agpcngnktn` jacc. Phn projcng wath thn Ic`raeh Vcik wis thit at bivn jikmnrs eoktroc

ovnr thn rnbaokic jikms, i prospnet thit a` kot sat wncc wath thn popucast @ngoeritae Virty or wath

Vrnsa`nkt Racsok. Phn @ngoerits ik` Racsok wnrn lnirluc thit thn rnlorgs wouc` brikt gorn eoktroc ol

thn lakikeaic systng to jikmnrs ik` thn pocataeaiks eouc` kot gn``cn is thny siw lat. Phn hastory ol thn

Larst ik` Uneok` Jikm ol thn ^katn` Utitns wis rnpnitakb. Phn pocataeic neokogy eikkot jn àvoren`.

Phn knn` lor i enktric jikm wis rniccy lir too brnit ik` nvnk thn@ngoerits rneobkazn` at jnhak` ecosn` òors. Nvnktuiccy, thn Ln`nric

Znsnrvn Ietpissn` 05-:> ik` thas ictnrn` thn ietuic rocn ol

eurrnkey. GOKNQwis kow jneogakb ncistaelor thn Ln`nric Znsnrvn

wouc` assun eurrnkey kotns thnrnjy ernitakb i gokny suppcy thit

akernisns ik` nernisns is thn neokogy nxpik`s ik` shrakms. Phas

knwNcistae Goknywouc` jneogn ik nssnktaic luketaok ol thn Ln`nric

Znsnrvn Uystng ak ats nircy ìys, whnrn at wouc` rnbucitn thn igoukt ol

gokny suppcy pnrgattn` to jn ak eareucitaok. Phas wis nssnktaic ùn to

thn wac` swakbs ùrakb thn 91th enktury ak thn neokogy eiusn` jy thn

ehiken aseovnrans ol boc` ak Eicalorkai, Icismi, ik` sacvnr thit asruptn`thn neokogy ik` irjatriracy akernisn` thn gokny suppcy wath kojo`y ak

ehirbn.

Nllnetavncy, thn :6th enktury siw ukrnstriakn` praktakb ol pipnr occirs eiusn` jy pocataeic laseic

gasgikibngnkt whnrnis thn 91th enktury wis pcibun` jy ehiken àseovnrans ol prneaous gntics thit

hi` thn sign nllnets. Phn Eicalorkai Boc` Zush akdnetn` i hubn wivn ol aklcitaok jneiusn thn shnnr


12/46

Eopyrabht :69> AktnrIkicyst, CCE 9:

suppcy ol gokny akernisn` shirpcy. Phn sign irbugnkt thit pipnr gokny his eiusn` aklcitaok urakb

thn :6th enktury ippcan` to boc` ùrakb thn 91th enktury.

Nssnktaiccy, thas knw ijacaty to hivn ik Ncistae Gokny Uuppcyjneign i pnrenavn` knenssaty to nksurn

thit thn rnsnrvns hnc` ak trust jy thn bovnrkgnkt wnrn i`nquitn to jiem thn igoukt ol eoaks ik`

eurrnkey pnrgattn` to eareucitn. At wis i kokpirtasik `neasaok to `nic wath shalts ak thn neokogy

whnrnis pocataeaiks eouc` kot jn rnspoksajcn ko gittnr whit. Phn Ln`nric Znsnrvn wouc` kow prnvnkt

nxenssavn eokàtaoks thit wouc` cni` thn eouktry akto lakikeaic ehios ik` uctagitn ruak is knircy toom

pcien urakb thn Vikae ol 9162. Phn Ln` wouc` nxpik` thn gokny suppcy urakb pnrao`s ol neokogae

`necakn ik` eoktriet thn gokny suppcy ùrakb neokogae joogs. Ol eoursn, thn pocataeaiks wouc` citnr

snazn eoktroc ol thn Ln` ik` nksurn at wouc` jn pirty tagn icc thn tagn.

Optagic gokntiry pocaey as supposn` to lieacatitn nxehikbn wathak thn neokogy to ivoa` ibbrnbitn

shoems thit illnet akàvaùics ik` neokogae snetors (akùstrans) uknquiccy. Nxehikbn giy jn eokùetn`

usakb nathnr jikm `nposats thit sogn snn is aksa`n goknyor laiteurrnkey, whaeh sogn rnlnr to

is outsa`n goknythit as ernitn` jy cnvnribn or lrietaokic jikmakb. I enktric gokntiry iuthoraty joth

eoktrocs thn stoem ol outsa`n goknyik` pursuns ik aktnrnst ritn pocaey thit as aktnk`n` to illnet thnritn it whaeh pravitn jikms ernitn aksa`n gokny.Phn go`nrk eoktnxt vanws at is thn optagic

gokntiry pocaey, rnquarakb gikibngnkt ol joth aktnrnst ritns ik` thn quiktaty ol outsa`n gokny. Jy

eoktroccakb aktnrnst ritns thn gokntiry iuthoraty eik illnet thn praen cnvnc ak thn short-ruk ik` i`dust

housnhoc`s eoksugptaok, so thny jncanvn, ik` thnrnlorn thas prova`ns aksuriken ibiakst uklivorijcn

ibbrnbitn shoems to thn gokny suppcy tngpnrakb thn joog-just eyecn.


13/46


Hownvnr, thn lnisajacaty ol gikapucitakb thn aktnrnst ritn pocaey ik` thn quiktaty ol gokny, is wn wacc

snn, as purncy i liktisy ak thn knw go`nrk bcojic neokogy. Phnsn eokenpts quaemcy provn` to jn lir too

piroehaic. Phn bcojic neokogy wis ijout to rnenavn i gidor shoem thit wouc` turk at ok ats hni`

Rorc` Rir A whaeh jnbik Ducy :8th, 9190 ik` cistn` uktac Kovngjnr 99th, 9198. Phn wir akvocvn` gorn

thik 26 gaccaok gacatiry pnrsokknc, akecu`akb


14/46


Rath thn Brnit

@nprnssaok, thn gidor

jikmakb eoccipsn toom

pcien cirbncy ùn to thn

Uovnrnabk @njt @nliuct ol

9159. Jikms liacn` is

gokny vikashn` lrog

eareucitaok eoccipsakb thn

vncoeaty. Issnt vicuns

eoccipsn` ik` cik`, whaeh

hi` soc` lor $:.>6 ik iern

ùrakb thn ga`-9866s, lncc

to 96 enkts. Ko `nbrnn ol

cagatakb lrietaokic jikmakb

wouc` sivn thn ìy whnk

thn jok` girmnt

eoccipsns. Rn snn thn

hubn spamn ak lornabk

jok`s castn` ak 91:8 ok

thn KQUN, ik` thn eoccipsn

is nliucts jnbik to ribn lrog 9159 okwir`.

Lrikmcak Zoosnvnct, nvnry gueh

i soeaicast is Pn``y nvnk thoubh

i @ngoerit, ictnrn` thn Lnùsurpakb icc pownr to

Rishakbtok. Phn jrikehns

rngiakn`, jut thny ko cokbnr

snrvn` thn purposn ol gikibakb

thn coeic neokogy. At wis kow

okn-sazn-lats-icc. At wouc` jn

Eokbrnss who ippoakts thn

àrnetors ik` Ln` Ehiargik,

whacn thn tnehkaeic owknrshap ol

i rnseun luk` lor jikmnrs as okcythnrn ak kign, kot rnicaty.

Boc`gik Uiehs swatehn` tietaes

ik` aksticcn` ats pnopcn ak thn

Prnisury kot lor jikmakb, jut lor

triàkb. Phny wnrn Ojigis


15/46

Eopyrabht :69> AktnrIkicyst, CCE 9>

jabbnst eoktrajutors, jut gimn ko gastimn4 Boc`gik Uiehs as i tri`nr, kot i jikm wath jrikehns timakb

`nposats lrog cattcn oc` ciàns.

Poìy, thn Ln` as kothakb camn ats orabakic aktnk`n` `nsabk. Phas ictnr wis kot eiusn` jy jikmnrs, jut jy

pocataeaiks. Kow, at his thn iuthoraty to timn ovnr ikythakb at thakms as too jab to liac, whaeh as kot cagatn`

to jikms. At eouc` timn ovnr Boobcn, Ge@okic`s, or ikythakb is cokb is at stitns at wouc` hirg thn

neokogy.

Rn knn` i enktric jikm, jut kot okn gikapucitn` jy bovnrkgnkt. Phnrn shouc` jn i sagpcn aksuriken

luk` lor jikms is orabakiccy aktnk`n` wathout usakb tixpiynrs gokny. At shouc` kot jn rnstraetn` to

juyakb bovnrkgnkt njt. Akstni`, at shouc` protnet dojs jy ats orabakic loeus to juy eorporitn pipnr ak

tagns ol strnss. Rn gust coom ecosncy it thn Ln` to snn thit ats gikapucitaok jy Eokbrnss lor pocataeic

rnisoks. At wis supposn` to support bovnrkgnkt jok`s ùrakb Rorc` Rir AA, jut at toom uktac 91>9 to

rnseak`.

Phn Ln` as kot nvac, jut rithnr at as thn gikapucitaok ol thn Ln` jy pocataeaiks. At as usn to jcign lor

neokogy joogs ik` justs whacn Eokbrnss ivoa`s icc rnspoksajacaty. Kow, thn Ln` as stuem ak i vnry

àllaeuct satuitaok. At as ehirbns wath Mnynksaik/Girxast a`nis ol gikapucitakb thn neokogy whnk ats

orabakic `nsabk wis okcy to `nic wath i jikmakb erasas.

Phn Ln`nric Znsnrvn4 Virt AA

Rn wacc kow coom it thn rasms wn kow lien lrog thn ZNICAPQ ol pocataeic gikapucitaok ol thn Ln`.


16/46

Eopyrabht :69> AktnrIkicyst, CCE 9 AktnrIkicyst, CCE 92

opnritaoks. Phny suppcngnktn` thas jy thn gikibngnkt ol rnbaokic aktnrnst ritns to jiciken thn

`ognstae neokogy. Nieh jrikeh ol thn Ln` eouc` riasn or cownr thnar coeic aktnrnst ritn iutokogouscy to

ittriet eipatic whnk thnrn wis i coeic shortibn or `nlcnet eipatic whnk thnrn wis too gueh. Phas wouc`

oltnk timn pcien wath thn erop eyecn, is gokny wouc` lcow ak to piy thn lirgnrs upok `ncavnry. Znbaokic

eipatic lcows jneign thn Pnxis-Knw Qorm irjatribn lor whnk Pnxis wis joogakb Knw Qorm wis ak

rnenssaok ik` vaen vnrsi. Phas wis thn orabakic nsabk ik` purposn jnhak` thn Ln`. Phn Dnmycc Ascik`

gnntakb wis hnc` ak snerntOKCQjneiusn thnrn wis i vnry strokb rnsnktgnkt ibiakst ikyokn wath

wnicth is Girxasg ogakitn` thn Vrobrnssavn Govngnkt ol thn nri. Phnrn wis ko sueh eijic to ernitn

sogn nvac nktaty.

Eokbrnss jnbik to gikapucitn thn

Ln`nric Znsnrvn lor thnar owk sncl-

aktnrnst whnk Rorc` Rir A jromn out ok

Iprac


18/46


Boc`gik Uiehs wouc` jn pia` :6% ol thn prolat, ollnrakb stoems it $960 pnr shirn. Phn stoem dugpn` to

$::< pnr shirntwaen ats joom vicun. Phas wouc` jn thn vnry sign gastimn nxposn` ak thn Erish ol

91 gaccaok. Phas wis hubn

gokny ak thosn ìys. Phn trust nxpco`n` ik` thn issnts uk`nr eoktroc irn sia` to hivn nxenn`n` $9

jaccaok.

Boc`gik Uiehs nxpik`n` thn cnvnribn boakb rabht akto thn nyn ol thn storg thit wis ijout to hat

stirtakb ok Unptngjnr 5r`, 91:1. Ak thn suggnr ol 91:1, Boc`gik Uiehs ciukehn` two gorn trusts4

Uhnkikòih ik` thn gngorijcn Jcun Za`bn. Phn shirns wnrn ovnr-sujserajn`= Uhnkikòih jnbik it

dust $92.86 ik` at ecosn` ok thn larst triàkb ìy it $5< pnr shirn. Jcun Za`bn wis cnvnribn` nvnk gorn,ik` thn pirtknrs it Boc`gik Uiehs put prnssurn ok nvnryokn to juy is i sabk ol support. Phn cnvnribn

wis istokashakb lor wath dust ijout $:> gaccaok ak eipatic, thnrn wis kow gorn thik $>66 gaccaok it

stimn.

Phn àsistnr wis gokugnktic to siy thn cnist. Boc`gik Uiehs Priàkb Eogpiky, whosn shirns hi`

stoo` it $5:< it thnar pnim, lncc urakb thn Brnit @nprnssaok to $9.2>. Phny lncc to cnss thik 9% ol thnar

habh. Phn coss sullnrn` it Boc`gik Uiehs ok i pnrenktibn jisas wis lir worsn thik it iky othnr trust. Ak

liet, ol thn top trusts, Boc`gik Uiehs hi` cost ijout 26% ol thn nktarn trust girmnt.

Boc`gik Uiehs wis iwish wath ciwsuats ik` at jneign thn tirbnt ol domns ak \iu`nvaccn. Phas wouc` lunc

thn ikta-Dnwash lnncakb ak Knw Qorm lor `nei`ns to eogn. Uigunc Uiehs àn` ak 9150 it thn ibn ol 80. Hnwis `nvistitn`, lor whit hn hi` wormn` lor wis to juac` thn largs rnputitaok. Phit as whit jromn thn

ligacy ak two.

Phn Bciss-Utnibicc Iet, icso mkowk is thn Jikmakb Iet ol 9155(08 Utit. 9,666jikmsùrakb

thn Brnit

@nprnssaok. Rhy?

Jneiusn jikms soc`

trusts ik` lornabk

sovnrnabk

bovnrkgnkt jok`s

to thn pujcae ak


19/46


sgicc nkogakitaoks. @urakb thn Utoem Girmnt Erish ol 91:1, iga` ieeusitaoks thit Boc`gik hi`

nkbibn` ak shirn praen gikapucitaok ik` aksa`nr triàkb, thas wis thn ietuic `ravn jnhak` thn iet.

Boc`gik Uiehs aksparn` thn `neasaok to jik aksa`nr triàkb ak thn ^katn` Utitns ak 9150.

Boc`gik Uiehs thnk aksticcn` Zojnrt Zujak uk`nr Jacc Ecaktok is Unerntiry ol thn Prnisury. Arokaeiccy, thn

vnry larg thit aksparn` Bciss-Utnibicc snazn` eoktroc ol Eokbrnss wath pocataeic okitaoks to bnt at

ovnrturkn`. Phas jnbik oken ibiak thn ibn olPriksietaokic Jikmak b.

Phn Ln`nric Znsnrvn4 Virt AAAPhn Pimnovnr

L@Z Upnneh ok thn Jikmakb Erasas Gireh 9:, 9155

Zoosnvnct nstijcashn` thn Ln`nric @nposat Aksuriken Eorporitaok (L@AE) ak 9155, issurakb pnopcn at wis

silnr to mnnp thnar gokny ak i rnopnkn` jikm thik uk`nr thn gittrnss. Phnk ok Iubust :5, 915>,

Eokbrnss ipprovn` cnbascitaok thit hi` i gidor agpiet ok thn Ln`nric Znsnrvn Jikms, thnJikmakb Iet ol

915>.Phas Iet strueturiccy ictnrn` lornvnr thn nktarn eokenpt jnhak` thn Ln`nric Znsnrvn, whnrnis ats

purposn orabakiccy wis to prova`n stijacaty wath rnspnet to aktnrkic eipatic lcows ak i`àtaok to i

rnbucitory ecnirakb housn lor thn jikms. Nieh jrikeh giaktiakn` ats snpiritn aktnrnst ritn to ittriet

eipatic to i rnbaok or to `nlcnet at to prnvnkt ikothnr Vikae ol 9162whnk eish lcown` lrog thn nist tothn wnst jneiusn ol thn Uik Lrikeaseo Nirthquimn ol 916


20/46

Eopyrabht :69> AktnrIkicyst, CCE :6

Is Rorc` Rir AA ipproiehn`, pocataes toom eoktroc ol thn Ln`. Oken ibiak thn Ln` wis or`nrn` to support

^U bovnrkgnkt jok`s it pir. Phas `nernn wis kot caltn` uktac 91>9. Phn Ln` rngiakn` liarcy ak`npnk`nkt

thnrniltnr uktac thn \antkig Rir. Vocataeaiks vanwn` ats

iuthoraty to akernisn thn gokny suppcy ok ik ncistae jisasgnikt thit aklcitaok wis thnar projcng, kot Eokbrnss.

Vocataeaiks jnbik to spnk` whitnvnr thny wiktn` to wak

ncnetaok ik` erataeazn` thn Ln` al aklcitaok ippnirn` whnk thny

hi` ko eoktroc ovnr thn laseic spnk`akb ol Eokbrnss.

Phn nktarn Jrnttok Roo`s systng ol laxn` nxehikbn ritns

jiemn` jy boc` pnbbn` pnrgiknktcy to $5> wis stupa` ik`

jneign i kabhtgirn. Phn gacatiry nstijcashgnkt thit

Nasnkhownr wirkn` ijout upok cnivakb ollaen wiktn` to rucn

thn worc`. PhnVrnsa`nktaic @njitn ol 91


21/46


Phn laseic gasgikibngnkt ol Eokbrnss eoktakun` uktac lakiccy ok Dukn

0th, 91


22/46

Eopyrabht :69> AktnrIkicyst, CCE ::

Jrnttok Roo`s wis eoccipsakb ak scow gotaok. Lrog thn larst boc` pikae ak 91


23/46


Ol eoursn, Nuropnik pocataes wis thn pocir opposatn ol thn UI. Phnrn, i strokbnr eurrnkey provn` thny

wnrn oakb i boo` doj ol rnjuacàkb thn neokogy post-wir. Phn Lrnkeh ik` thn Uwass wnrn cniàkb thn

ehirbn to `ngik` boc` lor òccirs. Phn Lrnkeh hi` vasaoks ol eokqunrakb thn lakikeaic worc` ik`

`nthrokakb thn occir to brisp thit boc`nk wrnith ol vaetory skitehn` lrog thn hik`s ol Kipocnok.

Phn 9126s wnrn icc ijout tryakb to

labht aklcitaok eiusn` jy thn

`necakn ak thn purehisakb pownr ol

thn occir. Bnrgik eirs hi` gorn

thik oujcn` ak vicun throubh thn

9126s. Boc` hi` rasnk to $82> ok

Dikuiry :9st, 9186. \ocemnr toom

ehirbn ol thn Ln` ik` usn` boc` is

has sabk ol sueenss it larst, jut thnk

ijikòkn` thit is iky buaìken.

Hn riasn` ritns akto Gireh ol 9189

timakb thn àseoukt ritn to 90%.

Rhnk thn aklcitaok jromn ik` thn

òccir thnk soirn` to rneor` habhs

boakb akto 918>, ritns hi`

`necakn` jiem to 8%. Phas wouc`

snt thit stibn to thn `rigitae nseicitaok ak thn kitaokic `njt, lor at stoo` it icgost $9 traccaok ak 918:,

ik` rniehn` icgost $< traccaok jy 9111.

\oecmnrsjittcn wath

aklcitaok snt ak gotaokthn gidor lietor ol

aklcitaok

bovnrkgnkt

spnkàkb. Phn Ln`nric

Znsnrvn wis strappn`

ol iky rnic pownr to

gikapucitn thn

neokogy lor thny

ciemn` iky eoktroc

ovnr thn laseic

spnkàkb ol

Eokbrnss Phn

ittngpt to riasn

aktnrnst ritns to labht

aklcitaok, snk` thn kitaokic njt soirakb ik` thn proportaok ol aktnrnst eosts smy-roemntn` ik`


24/46


nvnktuiccy rniehn` ijout 26%. Phn whocn a`ni ol soeaicasg to jnknlat thn pnopcn wis akvnrtn` to jnknlat

thn jok` hoc`nrs. Phnk thn govngnkt to rnturk to i boc` stikìr` wis ukcnishn`, whaeh wouc` hivn

jnnk i hubn jnknlat to jok`hoc`nrs ik` strap-gakakb thn pnopcn ol whitnvnr cajnrty ik` issnts thny

gikibn` to nirk. Phn jok` hoc`nrs wouc` hivn prolatn` trngnkòuscy.

Phn Ln`nric Znsnrvn4 Virt A\Phn Jikmnrs Utramn Jiem

Viuc \ocemnr Lorgnr Ln` Ehiargik

Phn nktarn thnory ol how to gikibn ik neokogy

vai thn rasn ik` licc ol thn gokny suppcy jnakb thn

socn eiusn ol aklcitaok or nlcitaok wis asernàtn`

post-9129 wath thn jarth ol thn Lcoitakb Nxehikbn

Zitn Uystng. ^kjnmkowkst to thn vist gidoraty,

thn nktarn ieeouktakb systng ol tri`n hi` jnnk

eokstruetn` upok thn Jrnttok Roo`s systng. Phnrnwis ko knn` to ietuiccy eoukt thn kugjnr ol

Poyoti eirs eogakb ak it thn òem, lor icc you hi` to

ò wis eoukt thn òccirs ak ik` out ik` uk`nr i

laxn` nxehikbn ritn systng, thas gnikt gorn or cnss

boo`s. Hownvnr, thas short eut gi`n snksn wath laxn` nxehikbn ritns, kot whnk eurrnkey lcuetuitn`.

Phn 9126s proùen` rasakb praens (aklcitaok) jut `necakakb neokogae browth, whaeh jneign mkowk

is UPIBLCIPAOK. Phas wis i eost-push typn aklcitaok whnrnis OVNE snkt oac praens soirakb so thn eosts

rosn `rigitaeiccy loreakb praens to rasn nvnk ak rnenssaok. Phnrnlorn, at jneign possajcn lor aklcitaok to

rasn wathout ik akernisn ak gokny suppcy or nvnk eoksugnr ngik`. Phn eoksugnr post-912 AktnrIkicyst, CCE :>

Ko cokbnr wnrn

`npirtgnkts

rnquarn` to snk` ak

i ju`bnt nieh ynir

ik` hivn at

ipprovn` jy

Eokbrnss. Phas

knw Tnro-Jisn

ju`bntakbproenss

gnikt thit

whitnvnr thny

spnkt thn prnvaous

ynir wouc` jn

iutogitaeiccy

rnknwn`, ak`nxn`

to aklcitaok. Phas

lurthnr ernitn` thn

kow stikìr`

prietaen ol

wistnluccy spnkàkb

whitnvnr thny hi`

rngiakakb dust to

ivoa` euts thn

loccowakb ynir.

Phn nktarn

cik`seipn wis

ictnrn` ak how

bovnrkgnkt kow lat

akto thn neokogy. At

jneign agpossajcn

lor thn Ln` to

eoktroc aklcitaok. Is

you eik snn, `nspatn

thn rnenssaok 9120-912< ik` 9189-

918>, joth thn EVA

ik` gokny suppcy

mnpt rasakb. Phnrn

wis i totic
http://i2.wp.com/armstrongeconomics.com/wp-content/uploads/2015/04/CPIUSA-Y-4-20-2015.jpghttp://i2.wp.com/armstrongeconomics.com/wp-content/uploads/2015/04/CPIUSA-Y-4-20-2015.jpghttp://i2.wp.com/armstrongeconomics.com/wp-content/uploads/2015/04/M1USA-Y-4-20-2015.jpghttp://i2.wp.com/armstrongeconomics.com/wp-content/uploads/2015/04/M1USA-Y-4-20-2015.jpghttp://www.interanalyst.us/


26/46

Eopyrabht :69> AktnrIkicyst, CCE :9.< ynir wivn 9189.5>.


27/46


Phn eogpiky mkowk it larst is Vhacapp Jrothnrs wis louk`n` ak

9169. At wis citnr iequarn` ik` jneign thn Vhacapp Jrothnrs @avasaok

ol Nkbnchir` Gaknrics & Ehngaeics Eorporitaok, thn gidor boc`

rnlaknry ol 91.

VhaJro wnrn brnit tri`nrs eogakb lrog thn eoggoàty girmnts. Phny hi` eokqunrn` thn worc` ak 9186,

shortakb boc` ik` sacvnr, ik` thus wnrn kow tryakb to juy Uicogok Jrothnrs whnk thny wnrn it thn top

ol thnar eyecn. Butlrnuk` jneign i eo-ENO wath Vhajros@iva` Pnk`cnr. Phn eurrnkey swakb loccowakb

9189 wis `rigitae lrog i pnrenktibn jisas. Knathnr VhaJro kor Uicogok Jrothnrs eogprnhnk`n` whit

wis boakb ok aktnrkitaokiccy rnbiràkb eipatic lcows. Phny bot eiubht ak thas knw pnkùcug swakb wath

nxtrngncy habh vocitacaty. Phn eoggoàtans erishn` ik` jurkn`, ik` thn tijcns wnrn turkakb. Phas shaltn`

thn prolat jisn lrog VhaJro kow to Uicogok Jrothnrs. Butlrnuk` kow snazn` eoktroc ik` stirtn` to

nxpik` thn larg akto thn eurrnkey triàkb, ik` nkcirbn` thn largs posataoks ak uk`nrwratakb ik`shirn triàkb. Uicogok Jrothnrs wis kow icso tryakb to nxpik` akto Dipik, is wncc is Bnrgiky

ik` Uwatznrcik`.

Phn larg thit hi` rasnk to sueh hnabhts, mkowk is thn Makb ol Ricc Utrnnt siw ats prolats pnim prneasncy

wath thn 918> turk ak thn Neokogae Eokla`nken Go`nc it ijout i hicl-jaccaok occirs. Phn girmnts icc

turkn` ak 918> wath thn òccir erishakb, eoggoàtans stirtakb to rasn ik` thn stoem girmnt nxpcoàkb.

Phn laxn` akeogn spneaicasts it Uicogok Jrothnrs wnrn kow ak i jnir girmnt. Uicogok hi` nxpik`n`

rabht it thn top ak 918>. Phny hi` akernisn` thnar still jy 06%. Uo is at wis, VhaJros turk it thn 9189

turkakb poakt, at wis kow Uicogoks turk wath thn 918> tirbnt.

Uicogok Jrothnrs wis thn pownrhousn ol Ricc Utrnnt jikmakbthn jok` `nicnr nxtrioràkiarn. At wislouk`n` jy thrnn jrothnrs4 Irthur, Hnrjnrt ik` Vnrey Uicogok. Phn jrothnrs jnbik wath $>,666, ik`

sogn hncp lrog thnar lithnrs (i jromnr hagsncl) ecnrm, ik` opnkn` thnar larst gokny jromnribn ollaen ok

Jroi`wiy knir Ricc Utrnnt. Phny gi`n thnar lortukn snccakb Û `njt ùrakb Rorc` Rir A. ^kcamn

Boc`gik Uiehs, Uicogok Jrothnrs wnrn eoksnrvitavn ik` wnithnrn` thn Brnit @nprnssaok rithnr wncc,

ivoaàkb bnttakb eiubht up ak icc thn spneucitaok ol i pnrgiknkt knw nri.


28/46


^k`nr thn knw cni`nrshap ol thn ligacys knxt bnknritaok, Raccaig (Jaccy) Uicogok, thn larg nxpik`n` ats

opnritaoks ak thn 916s, ik` pnr rnqunst ol Jaccy Uicogok, Butlrnuk` jneign has bocl

pirtknr. At wis thas lrank`shap thit iccown` Butlrnuk` to quaemcy

ecagj thn eorporitn ci``nr it Uicogok Jrothnrs. Hn wis kign`

pirtknr it thn youkb ibn ol 50, ik` thnk toom ovnr thn larg it 01

jneogakb thn ENO.

Ieeoràkb to Gaehinc CnwasCairs Vomnr,Butlrnuk` wis mkowk to

tncc has ngpcoynns i tri`nr knn`s to wimn up nvnry gorkakbrni`y

to jatn thn iss ol i jnir.Phn irrobiken wis istokashakb. Phn pownr

ecnircy wnkt to thnar hni`s lor thn ligous cakn lrog Cnwass joom

thit cavns ok, wis whit thny eiccn` thngsncvnsjab swakbakb

àems.Qnt thn a`ni ol ernitakb larst pravitn gortbibn jiemn`

sneuraty ietuiccy jnbik thnrn it Uicogok Jrothnrs ùrakb thn 9186s.
http://www.amazon.com/mn/search/ref=as_li_ss_tl?_encoding=UTF8&camp=1789&creative=390957&field-keywords=Bonfire%20of%20the%20Vanities&linkCode=ur2&sprefix=Bonfire%20of%20the%20Vanities%2Caps%2C338&tag=intera0b5-20&url=search-alias%3Daps&linkId=AXYG4A4EX5F5ENZIhttp://www.amazon.com/mn/search/ref=as_li_ss_tl?_encoding=UTF8&camp=1789&creative=390957&field-keywords=Bonfire%20of%20the%20Vanities&linkCode=ur2&sprefix=Bonfire%20of%20the%20Vanities%2Caps%2C338&tag=intera0b5-20&url=search-alias%3Daps&linkId=AXYG4A4EX5F5ENZIhttp://www.amazon.com/mn/search/ref=as_li_ss_tl?_encoding=UTF8&camp=1789&creative=390957&field-keywords=Bonfire%20of%20the%20Vanities&linkCode=ur2&sprefix=Bonfire%20of%20the%20Vanities%2Caps%2C338&tag=intera0b5-20&url=search-alias%3Daps&linkId=AXYG4A4EX5F5ENZIhttp://www.amazon.com/mn/search/ref=as_li_ss_tl?_encoding=UTF8&camp=1789&creative=390957&field-keywords=Bonfire%20of%20the%20Vanities&linkCode=ur2&sprefix=Bonfire%20of%20the%20Vanities%2Caps%2C338&tag=intera0b5-20&url=search-alias%3Daps&linkId=AXYG4A4EX5F5ENZIhttp://i1.wp.com/armstrongeconomics.com/wp-content/uploads/2015/04/Solomon-Bros-Bonfire-of-Vanities.jpghttp://www.amazon.com/mn/search/ref=as_li_ss_tl?_encoding=UTF8&camp=1789&creative=390957&field-keywords=Bonfire%20of%20the%20Vanities&linkCode=ur2&sprefix=Bonfire%20of%20the%20Vanities%2Caps%2C338&tag=intera0b5-20&url=search-alias%3Daps&linkId=AXYG4A4EX5F5ENZIhttp://www.interanalyst.us/


29/46


Phas wis thn nri ol thnJoklarn ol thn \ikatans,i 9182 kovnc jy Pog Rocln, whaeh eipturn` thn necakn ak

nthaes ik` gorics ak Knw Qorm Eaty it thn tagn. Phn eogpntataok jntwnnk Boc`gik Uiehs ik` Uicogok

Jrothnrs wis icwiys thnrn. Boc`gik wis kot pirt ol thn Lnirsogn Loursognjut wis `ntnrgakn` to

jrnim jiem akto thn enktnr ol thn nri.

Rhnk VhaJro ik` Uicogok wnrn doakakb it thn hap, Boc`gik jnbik coomakb irouk` to loccow ak thn

lootstnps ol thas gnrbnr. Phny too wiktn` eoggoàty nxposurn ik` joubht thn triàkb housn ol D. Irok

thit wis ecnircy i eogpntatavn govn bavnk thn Uicogok Jrothnrs gnrbnr wath Vhacaps Jrothnrs. D. Irok

wis ik oc` eoggoàty housn thit jnbik ak Knw Orcniks ak 9818= at govn` to Knw Qorm Eaty ak 9196,

dust ak tagn lor thn eoggoàty joog wath Rorc` Rir A. Phn larg wis kign` iltnr Diem Irok, who wis

pirt ol thn Dnwash eoggukaty. D. Irok nxpik`n` akto thn gntics tri`n ùrakb thn citn 9166,666

ak thn citn 91%. Phas jusaknss wis stirtakb to nxpco`n. Iltnr

thn 9186 Eoggoàty Joog, nvnryokn nxpnetn` at to rnjouk` ik` mnnp boakb. Oac hat $06 ik` boc` $82>.

Nvnryokn wiktn` to jneogn i eoggoàty tri`nr lor thn @ow Dokns hi` mnpt joukeakb oll 9,666 so why

kot bo whnrn thn ietaok wis.

At wis Oetojnr 9189 whnk Boc`gik Uiehs purehisn` D. Irok & Eo. lor $95> gaccaok. At wis ak liet ok thn

top ol thn eoggoàty girmnt. Icthoubh thny hi` joubht thn habh, thny wnrn agportakb thn eoggoàty

eucturn ol triàkb thit wouc` ak liet cni` to thn largs triàkb rnputitaok.Ats eurrnkt hni`, Ccoy` E.

Jcikmlnak, eign lrog D. Irok ik` his kow loeusn` Boc`gik Uiehs is i gnik, cnik, triàkb giehakn.

Phn eogpntataok jntwnnk thnsn two Dnwash

largs luncn` Ricc Utrnnts nvocutaok.

Cniàkb up to 9186, Ua`kny Rnakjnrb

(9819-91


30/46


ibbrnssavn okn, pushakb thn larg akto tixijcn jok` `nicakb nxpik`akb lrog eoggnreaic pipnr. Lrog

91


31/46


Oetojnr 59, 911>. Lrog gost stik`poakts, thas eoggatgnkt lats akto thn gnàug-tnrg laxn`-akeogn

sneuratans eitnbory. Ak i`àtaok, wn hivn ik aktnrnstakb eokvnrsaok possajacaty.Unn Ehiargiks cnttnr

Phit akvnstgnkt turkn` akto i cokb rncitaokshap lucc ol ups ik` òwks, jut at icso siw Jullntt turk akto

thn eoggoàty bign ol gikapucitaok ik` wac` triàkb. It larst, hn issugn` at wouc` jn has typaeic

ecissae Jullntt pciy. Uukìy, Unpt. :2, 9182, Jullntt gnt wath Dohk Butlrnuk`, thnk Uicogoks ehiargik

ik` ENO, ik` ibrnn` thit Jnrmsharn Hithiwiy wouc` juy $266 gaccaok ol Uicogok eokvnrtajcn prnlnrrn`

stoem, whaeh nquitn` to i 9:% stimn ak thn eogpiky. Jullntt akvnstn` ak whit ippnirn` to jn i soca`

eogpiky wath i boo` rnputitaok thit wis bnttakb ats stoem scippn` irouk` jy i lnirluc girmnt loccowakb

9182. Jullnt wouc` citnr siy, Jn lnirluc whnk othnrs irn brnn`y= jn brnn`y whnk othnrs irn lnirluc.

Jullnt quaemcy louk` hagsncl ak thn ga`st ol turjucnkt triàkb whnrn hn wis kot ieeustogn` to rniccy

vicuakb spneucitavn posataoks ok i triàkb nsm. Rathak wnnms, Jullntt wis stukkn` jy Uicogoks su``nk

surprasn asecosurn ol i $26 gaccaok wratn-òwk lrog ji` jnts gi`n jy triàkb dukm jok`s. Phit ha``nk

triàkb coss wapn` out okn-thar` ol Gr. Jullntts akvnstgnkt.

Uicogok wis kot icokn. Ma``nr Vnijo`y icso stirtakb wath thn 9182 Erish wis pcibun` jy seikìcs,

akecuàkb aksa`nr-triàkb eisns akvocvakb hni` ol gnrbnrs Girtak Uanbnc, hni` ol irjatribn Zaehir`

Rabtok (ehirbns wnrn citnr roppn`) ik` tri`nr Dosnph Dntt. Rhacn i du`bn orabakiccy louk` Gr. Dntt kot

buacty ol sneuratans lriu`, ak :660 thn UNE rnvnrsn` thit `neasaok ik` uphnc` thn ehirbns. Ak 9110, pirnkt

eogpiky Bnknric Ncnetrae soc` Ma``nr to Viakn Rnjjnr lor $26 gaccaok.

Phas triàkb itgosphnrn ol jab swakbakb àemshi` kot cnirkn` ats cnssok lrog thn 9182 Erish. Phas

wis thn eucturn akstaccn` jy VhaJro lrog thn eoggoàty sa`n ol thn worc`. Pri`nr Viuc Goznr, who hi` i

9:-ynir eirnnr it thn larg

eogakb lrog Gorbik Utikcny,

iccnbn`cy sujgattn` accnbic ja`slor ^.U. trnisury sneuratans ak

Iubust ol 9116, ittngptakb to

eorknr thn girmnt jy

purehisakb gorn thik thn 5>%

shirn iccown` pnr akàvaùic

triksietaok. Qnt, whit hn

nvnktuiccy pcni` buacty to wis

jisn` ok okcy two triksietaoks

ak thn lavn-ynir kotns

okLnjruiry :9, 9119lor $ AktnrIkicyst, CCE 5:

Phas wis kot `ravnk jy pnrsokic biak, al thas as trun. Phnrns i bign hnrn. Ik` at wis i `nsarn to wak

thn bign.Goznrs supnrvasor, Dohk Gnrawnthnr who stirtn` ik` jcnw upCokb-Pnrg Eipatic

Gikibngnktak 9118 rnquarakb i Ln` jiacout has hn`bn luk` wath i posataok ol knircy $966 jaccaok.

Gnrawnthnr, it thn tagn ak Uicogok, eciagn` to hivn ehistasn` Goznr lor thn gikapucitaok whnk at

eign to has ittnktaok, jut hn à` kot larn Goznr riasakb snraous qunstaoks ijout thn triàkb eucturn

ovnricc aksa`n Uicogok Jrothnrs.

Uhortcy jnlorn thn Uicogok Jros. seikìc nruptn`, Viuc R. Goznr gust hivn jnnk iwirn thit thn

Prnisury mknw ijout thn tri`n ik` thnrn wouc` jn rigalaeitaoks. Jnlorn thn ikkoukengnkt jy Uicogok

Jrothnrs ok Iubust 1th, 9119, Goznr thnk soc` ijout $9.2 gaccaok worth ol Uicogok stoem, whaeh wis

ijout 066,666 lakn. Goznr thnk nktnrn` i eoopnritaok ibrnngnkt to rit ok Ricc Utrnnt, ik` whit rniccy

wnkt ok ak Uicogok Jrothnrs rnsuctakb ak thn rnsabkitaoks. Goznr wis snktnken` to okcy 0 gokths ol


33/46


projitaok. It snktnkeakb, has ciwynr toc` thn eourt thit Goznr hi` prova`n` nxtnksavn aklorgitaok

ijout thn prietaen ol accnbic gikapucitaok ol thn Prnisury jok` girmnt thit cn` to akvnstabitaoks ol

Uicogok, Boc`gik Uiehs, @iawi Uneuratans ik` snvnric Dipiknsn akvnstors. (snn Ississoeaitn` Vrnss

@nengjnr 90th, 9115)

Uicogok Jrothnrs wis lakn` $:16 gaccaok lor thas aklrietaok. Phn larg wis wnimnkn` jy thn seikìc ik`

Iubust 98th, 9119, thn ^.U. Prnisury larst jikkn` Uicogok lrog ja`àkb ak bovnrkgnkt sneuratans

iuetaoks. At wis thnk thit Rirrnk Jullnt ippnirs ibiak, ollnrakb to timn thn hncg. Phn Prnisury ibrnn`

ik` rnseak`n` thn jik. Ak thn lour hours ol suspnksn jntwnnk thn two ietaoks, Jullntt strubbcn`

pissaokitncy to protnet has akvnstgnkt lor thn larg, vicun` it $1 jaccaok, whaeh wouc` hivn jnnk out ol

jusaknss ik` gost camncy wouc` hivn hi` to lacn aggnàitncy to lacn lor jikmruptey. Phit ietaok icso

snngn` to rnlcnet thit Goznr wis i licc buy, ik` thn projcng wis thn eucturn it thn largkot okn

akàvaùic. Phas as projijcy why thnrn as ko Ramapnài pibn ok Goznrvnry strikbn.

Uicogok wis `nnpcy akvocvn` ak thn jok` triàkb seikìc lrog top to jottog. Phn larg wis knircy

loren` to lacn lor jikmruptey is ecankts lcn` jisn` ok thn rugors thn Prnisury wouc` shut thng owk. Akor`nr to protnet has akvnstgnkt, Gr. Jullntt wnkt lrog jnakb i pissavn akvnstor to thn Ehiargik ol thn

larg. Hn louk` thit nvnry òccir ol shirnhoc`nr nquaty wis supportakb $52 ol issnts. Phit as nvnk habhnr

thik thn 5649 cnvnribn ritao it Cnhgik Jrothnrs whnk at eoccipsn`.
http://www.apnewsarchive.com/1993/Mozer-Sentenced-to-Four-Months-In-Salomon-Treasury-Scandal/id-0d843212642571ffe244c82b0b906bd2http://www.apnewsarchive.com/1993/Mozer-Sentenced-to-Four-Months-In-Salomon-Treasury-Scandal/id-0d843212642571ffe244c82b0b906bd2http://www.apnewsarchive.com/1993/Mozer-Sentenced-to-Four-Months-In-Salomon-Treasury-Scandal/id-0d843212642571ffe244c82b0b906bd2http://www.apnewsarchive.com/1993/Mozer-Sentenced-to-Four-Months-In-Salomon-Treasury-Scandal/id-0d843212642571ffe244c82b0b906bd2http://www.apnewsarchive.com/1993/Mozer-Sentenced-to-Four-Months-In-Salomon-Treasury-Scandal/id-0d843212642571ffe244c82b0b906bd2http://www.apnewsarchive.com/1993/Mozer-Sentenced-to-Four-Months-In-Salomon-Treasury-Scandal/id-0d843212642571ffe244c82b0b906bd2http://www.interanalyst.us/


34/46


Gr. Jullntt jneign Ehiargik ol Uicogok Jrothnrs ik` rik thn larg lor kakn gokths. Hn citnr eciags

thit has tagn thnrn wis lir lrog lukak i cnttnr to akvnstors ak has Jnrmsharn Hithiwiy hoc`akb

eogpiky. Hownvnr, Jullntt wis sognhow eokvnrtn` to thn eucturn. Phn larst tagn has kign wis jnakb

jiktnrn` irouk` issoeaitn` wath i sacvnr gikapucitaok wis 9115. Phn ELPE wicmn` akto VhaJro ik`

`ngik`n` to mkow who thnar ecankt wis. VhaJro rnlusn` to tncc thng ik` thn ELPE or`nrn` thng to nxat

thn posataok.

Ak 9112, Uicogok wis soc` to Privncnrs lor $1 jaccaok. Qnt strikbncy nkoubh, thn sabh ol rncanl eouc` jn

hnir` icc thn wiy lrog Gr. Jullntts hogntowk ol Ogihi. Has $266 gaccaok akvnstgnkt wis kow worth

$9.2 jaccaok, jut thn nxpnranken snngn` to sour hag ok Ricc Utrnnt `nics. Jy :669, hn hi` nxatn` has

akvnstgnkt ak thn larg.

Jullntts kign wis ibiak jiktnrn` irouk` 9112 wath rnbir` to sacvnr. Oken ibiak, thn pciynr akvocvn`

wis VhaJro.
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Eopyrabht :69> AktnrIkicyst, CCE 5>

Phn gikapucitors wath stnnrakb thn Jullnt juyakb ak Cokòk to ivoa` thn 9115 projcng wath thn ELPE.

Phas as why IAB triàkb irg icso snt up ak Cokòk.

Juyakb sacvnr ak Cokòk dustalan` govakb at lrog thn KQ EOGNX ik` thas iccown` thng to bnt thn

gikapucitaok boakb. EOGNX suppcans wnrn rnportn` ak asocitaok. Govakb thn sacvnr to Cokòk ernitn` thn


36/46

Eopyrabht :69> AktnrIkicyst, CCE 5-pnr-ouken cnvnc.

Phas wis thn knws ernitn` lor gikapucitaok thit wis eokstiktcy pciyn` out ak thn knwspipnrs. Phn Ricc

Utrnnt Dourkic rnportn` ibiak ok Kovngjnr 92, 91124Uacvnr Luturn Vraens Cnip Ok Hakts ol Pabht

Uuppcans.Ok @nengjnr 0, 9112 thn Ricc Utrnnt Dourkic lrog Cokòk rnportn`4Uacvnr Uurbns ok

Utrnkbth Ak Uuppcy-@ngik` UtitusJy Knac Jnhrgikk= Upneaic to Phn Ricc Utrnnt Dourkic upìtn`

@nengjnr >, 9112 9:469 i.g. NP COK@OK Boc` giy jn ak thn òbhousn, jut sacvnr as soirakb camn i

jar`. Phn rnportakb ol shortibns eoktakun` to lunc thn riccy. Phn Ricc Utrnnt Dourkic rnportn`

ibiak @nengjnr :0, 9112 lor thn gikapucitors4Uacvnr Luturns I`viken Is Akvnktorans Vcukbn.

Rirrnk Jullntt gi`n i prnss ikkoukengnkt. Hn i`gattn` hn hi` purehisn` $9 jaccaok worth ol sacvnr akCokòk. Hn nkan` thit hn wis gikapucitakb thn girmnt, eciagakb thn sacvnr wis i cokb-tnrg

akvnstgnkt. Nvnryokn wis shoemn` thit Jullntt wis su``nkcy nxposn` is i eoggoàty tri`nr iltnr icc.

Uacvnr thnrniltnr `necakn` ik` gi`n knw cows boakb akto 9111. Uo gueh lor thn cokb-tnrg juy ik` hoc`

tri`nr hn prntnk`s to jn.

Ecnircy, Jullntt `nvncopn` sogn rncitaokshap wath VhaJro. Ak 9115, Vhajro Nknrby, Ake. jneign thn

Vhajro Nknrby @avasaok ol Uicogok Ake. At wis rnkign` to sagpcy Vhajro ak 9116 gaccaok. Vhajro as kow pirt ol Oxys Ga`strnig, girmntakb ik`

othnr snbgnkt, whaeh akecu`ns Oxys bis pcikt, papncakns, girmntakb, triàkb, ik` pownr bnknritaok

opnritaoks. Hicc eoktakuns to ruk Vhajro ik` hni`s Istnkjnem Eipatic Gikibngnkt, ol whaeh 86% as

owkn` jy Hicc ik` :6% jy Oeea`nktic.

Phn rnpnic ol Bciss-Utnibicc Iet

Phn rnpnic ol Bciss-Utnibicc Iet, icso mkowk is thn Jikmakb Iet ol 9155(08 Utit. 9, at wis aktnk`n` to
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prohajat eoggnreaic jikmslrog nkbibakb ak thn akvnstgnkt jusaknss. At wis nkietn` is ik ngnrbnkey

rnspoksn to thn liacurn ol knircy >,666jikmsùrakb thn Brnit @nprnssaok. Phn ieeusitaoks thit

Boc`gik

Uiehs hi`

nkbibn` ak

shirn praen

gikapucitaok

ik` aksa`nr

triàkb

eoktrajutn`

to thn larg

jneogakb thn

tirbnt ol

domns ak

\iu`nvaccn. Utnphnk Lran`gik ik` Zojnrt Zujak toom ovnr thn rocn ol gikibakb Laxn` Akeogn whnrn

thny pcikkn` to nxpik` akto proprantiry triàkb.

Utnphnk Lran`gik ik` Zojnrt Zujak toom ovnr thn rocn ol gikibakb laxn` akeogn whnrn thny pcikkn` to

nxpik` akto proprantiry triàkb. Boc`gik Uiehs

govn` akto quiktatitavn ikicysas ak thn citn 9126s,

rncyakb stacc ok iei`ngaes. At wis Lrna`gik ik`

Zujak who ehikbn` thn eucturn ernitakb thn

triàkb prolat jokus ik` stirtakb ak 918


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lor, ik` bot, i eoklcaet ol aktnrnst wiavnr lrog thn bovnrkgnkt. Rho bavns out sueh wiavnrs as ukmkowk

ik` why thny irn kot òkn opnkcy ak Eokbrnss as ojvaous. Lran`gik wis icso supposn` to àvnst hagsncl

ol has Boc`gik stoem iltnr Boc`gik jneign i jikm hocàkb eogpiky, jut thikms to thn wiavnr, hn wis

iccown` to bo out ik` juy >:,666 i`àtaokic shirns ak has oc` jikm, cnivakb hag $5 gaccaok raehnr. Jnakb

nxngpt lrog aksa`nr triàkb as i bovnrkgnkt jnknlat. Lran`giks nvnktuic rnsabkitaok ikkoukengnkt

eign wathak ik hour ol thn bovnrkgnkts rncnisn ol thn :661 strnss tnsts lor 91 ^.U. lakikeaic

akstatutaoks. At wis nllnetavn aggnàitncy.

Boc`gik Uiehs, thn vnry larg who wis thn worst nxigpcn lrog thn Brnit @nprnssaok erish, cn` thn

ehirbn ibiakst thn trnk` to timn ovnr bovnrkgnkt. Phny aksticcn` Zojnrt Zujak uk`nr Jacc Ecaktok is

Unerntiry ol thn Prnisury. Arokaeiccy, thn vnry larg thit aksparn` Bciss-Utnibicc snazn` eoktroc ol Eokbrnss

wath pocataeic okitaoks to bnt at ovnrturkn`.

Phas jnbik oken ibiak thn ibn ol Priksietaokic Jikmakb.


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Phn gissns knvnr rneobkazn pirijocae govns.

Phnrn irn giky nxigpcns ol pirijocae govns throubhout hastory, jut saken wn irn ticmakb ijout thn

stoem girmnt, A wikt to poakt out i lnw nxigpcns snnk ak thn Ak`ustraics.

Phn larst ehirt (top

rabht) as ol thn

i`viken akto thn

91:1 top. Coom how

praen govn`

vnrtaeiccy akto thit

top ik` wn icc mkowwhit loccown`. Phn

knxt ehirt (jottog

rabht) as ol thn

i`viken akto thn

9182 pirijocae top.

Rhnk coomakb it thas

`iti lrog thn eorrnet

pnrspnetavn, at as ecnir

to snn thit thn 9182

erish wis loccown`

jy ik nvnk cirbnr

seicn pirijocae govn

whaeh wis icso

loccown` jy i prntty

sabkalaeikt necakn,

whaeh eik jn snnk ok

thn ehirt it thn top

ol thn knxt pibn.

Hownvnr, thas necakn

wis loccown` jy okn

gorn push akto thn

:666 top, pnr thn

ehirt it thn jottog

ol thn knxt pibn.


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Kow, coom how oken ibiak praen rigpn` up akto thn :662 pirijocae top hnrn4

Lakiccy, it thn jottog ol pibn >, A wikt to show you i ehirt ol thn Ak`ustraics lrog 981< to prnsnkt,

whaeh ecnircy shows thit thn i`viken boakb akto our eurrnkt pirijocae lakicn!


42/46

Eopyrabht :69> AktnrIkicyst, CCE 0:

Kow A wikt to show you sognthakb thit giy jn nisacy gassn`, jut whaeh as vnry agportikt. Bo jiem to

thn 91:1 ehirt. Kotaen thit thn `necakn out ol thn pirijocae top eirran` praen jncow ats 91:9 stirtakb

poakt. Coom it thn 9182 top ik` thn `necakn thit loccown`.

Nvnk thoubh thn i`viken akto thn 9182 top wnkt pirijocae, thn erish thit loccown` à` kot

eirry praen jncow ats 918: stirtakb poakt. Govakb ok to thn 9118 ehirt, icso kotn thit thn

`necakn thit loccown` hnc` ijovn ats stirtakb poakt. Knxt, cnts bo to thn pirijocae i`viken akto

thn :666 top. Ak thas eisn, kotn thit thn `necakn thit loccown` eirran` praen jncow thn 9118 0-

ynir eyecn cow. Kow bo to thn ehirt ol thn pirijocae i`viken akto thn :662 top. Ak thas eisn,

kotaen how thn `necakn thit loccown` eirran` praen jncow thn stirtakb poakt ik` prnvaous 0-ynir

eyecn cow. Hivn you laburn` out thn àllnrnken is to why sogn `necakns hnc` ijovn thnar

prnvaous eyecaeic cow ik`/or stirtakb poakt ik` sogn à`kt? Phn mny as whnthnr thn pirijocae

i`viken ik` thn `necakn thit loccown` oeeurrn` wathak thn eoktnxt ol i sneucir jucc or i sneucir

jnir girmnt.

Phn 91:1 to 915: pnrao` wis ojvaouscy i sneucir jnir girmnt, ak whaeh thn eoccipsn eirran`

praen icc thn wiy jiem òwk jncow thn stirtakb poakt, whaeh wis thn 91:9 eyecn cow. Jut, thn

i`vikens akto thn 9182 ik` 9118 pirijocae tops oeeurrn` wathak thn eoktnxt ol i sneucir jucc

girmnt ik` thn prnvaous 0-ynir eyecn cow/stirtakb poakt ol thn pirijocae govn hnc`. Phn liet

thit thn `necakn out ol joth thn :666 ik` thn :662 tops eirran` praen jncow thn prnvaous 0-ynir

eyecn cow/stirtakb poakt as eoksastnkt wath gy vanws thit thn sneucir jucc girmnt toppn` ak :666

ik` thit wn hivn jnnk opnritakb wathak thn eoktnxt ol i sneucir jnir girmnt nvnr saken. Phas as

icso eoksastnkt wath thn liet thit nvnry eyecn `necakn ak nvnry sneucir jnir girmnt saken 981 ynirs.

Lurthnrgorn, thas stu`y icso snrvns to eoklarg thit thnsn gidor `necakns, whaeh ko okn nvnr

snns snttakb up ik` whaeh eogn whnk snktagnkt as habh, hivn hastoraeiccy icso jnnk issoeaitn`

wath pirijocae i`vikens thit irn ecnircy vasajcn ok thn ehirts.

Giy :69> Aksa`nrsVownr Uourens4

Ramapnài, thn Ln`nric Znsnrvn, Vrakentok Neokogaes Akstatutn, L@Z Cajriry, Pag Roo`s.


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Ak 918


44/46


Ik` youcc cnirk whnk thn propnrty girmnt wacc turk up ibiak. Qoucc cnirk whnk, gokny girmnts ik` jok`s

wouc` jn i jnttnr akvnstgnkt thik nquaty iccoeitaoks ik` whnk kot. Qoucc jn ihni` ol thn girmnts ok nvnry

joog ik` just ik` ieenss thn toocs you eik usn to prnpirn yoursncl to prolusaok.

Our Voakt Ol \anwI jo`y ol rnsnireh ak posatavn psyehocoby subbnsts thit optagasg his i kugjnr ol jnknlats4 soeaic,

psyehocobaeic ik` physaeic (Uehkna`nr, Brugik, & Eoutts, :699). Optagasg his jnnk eorrncitn` wath

agprovn` gnktic ik` physaeic hnicth, jnttnr worm ik` nùeitaokic outeogns, ik` raehnr soeaic

rncitaokshaps.

Rhacn optagasg ippnirs to jn i hnicthy oranktitaok, thakbs irn kot quatn so sagpcn. Uogn rnsnirehnrsa`nktaly two ecissns ol optagasg4 rnicastae ik` ukrnicastae (Rnakstnak, 9186). ^krnicastae optagasts irn it

rasm lor sncl-`nenptaok, nspneaiccy ak ògiaks sueh is rasm issnssgnkt (Eoccakbwoo`, k.`.). Znicastae

optagasts, ok thn othnr hik`, gorn sueenssluccy akeorporitn iti ijout satuitaoks ik` nvnkts, jicikeakb

thn jnst ol optagastae ik` pnssagastae pnrspnetavns. Phn rnicastae optagast poakt ol vanw eouc` jn suggn`

up jy thn iìbn4 "hopn lor thn jnst, prnpirn lor thn worst".


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46/46

KNRUCNPPNZ @AUECOU^ZN

Phas lakikeaic knwscnttnr as i `nseraptaok ol how lakikeaic girmnts jnhivn ik` how wn rni` eurrnkt girmnt

eokàtaoks. Phnrn giy lrog tagn to tagn akecu`n eoggnktiry `nserajakb àllnrnkt akvnstgnkt thnorans

thit giy akernisn girmnt ieeuriey. Phn purposn ol our girmnt-oranktn` pujcaeitaok as to outcakn thn

probrnss ol girmnts to nùeitn aktnrnstn` pirtans ak thn sueenssluc ippcaeitaok ol thn aklorgitaok wathak

thn lakikeaic cnttnr. Rhacn i eoursn ol eokùet rnbiràkb akvnstgnkts eik jn lorgucitn` lrog sueh

ippcaeitaok aklorgitaok. It ko tagn wacc thas lakikeaic cnttnr gimn spnealae rneoggnkìtaoks lor iky

spnealae pnrsok, ik` it ko tagn giy i rni`nr, eiccnr or vanwnr jn dustalan` ak aklnrrakb thit iky sueh i`vaen

as aktnk`n`.

AktnrIkicyst òns kot serajn icc irtaecns= rithnr, wn salt throubh thousik`s ol eurrnkt neokogae ik`

lakikeaic irtaecns wrattnk jy huk`rn`s ol eoktrajutors lrog irouk` thn bcojn. Camn AktnrIkicyst, our

eoktrajutors ò kot eirn whaeh àrnetaok thn girmnts irn boakb. Our eoktrajutors ollnr irtaecns thit hncp

us àsenrk whaeh wiy thn girmnts giy trnk` ak thn luturn.

AktnrIkicyst as socncy rnspoksajcn lor thn `nsabk, sogn irtaecns, thn eurrnkt akvnstgnkt bua`ncakn hnrnak,

thn Rnicth Vrnsnrvnr ik` Rnicth Gixagaznr sabkics ok thn AktnrIkicyst.us wnjsatn.

Phas lakikeaic knwscnttnr as knathnr i socaeatitaok kor ik ollnr to juy or sncc sneuraty ol iky mak`. Ko

rnprnsnktitaok as jnakb gi`n thit iky ieeoukt wacc or as camncy to iehanvn prolats or cossns sagacir to thn

accustritaoks hnrnak. Ak`nn`, nvnkts eik gitnraicazn ripa`cy ik` thus pist pnrlorgiken ol juy ik` hoc`,

triàkb systng, or iky othnr gnthoòcoby as kot knenssiracy akàeitavn ol luturn rnsucts pirtaeucircy whnk

you uk`nrstik` wn irn boakb throubh ik neokogae nvocutaok proenss ik` thit akecu`ns thn rasn ik` licc

ol viraous bovnrkgnkts bcojiccy ok ik neokogae jisas ik` thn liet thit neokogans eoktakuiccy eyecn.

Vist rnsucts ol iky akàvaùic or triàkb stritnby pujcashn` irn kot akàeitavn ol luturn rnturks.

Hypothntaeic or sagucitn` pnrlorgiken rnsucts hivn enrtiak cagatitaoks. ^kcamn ik ietuic pnrlorgiken

rneor`, sagucitn` rnsucts ò kot rnprnsnkt ietuic triàkb. Icso, saken thn tri`ns hivn kot jnnk nxneutn`,thn rnsucts giy hivn uk`nr-or-ovnr eogpnksitn` lor thn agpiet, al iky, ol enrtiak girmnt lietors, sueh is

ciem ol caquaàty. Ko rnprnsnktitaok as jnakb gi`n thit iky ieeoukt wacc or as camncy to iehanvn prolat or

cossns sagacir to thosn showk.

Phn akàeitors, stritnbans, eocugks, irtaecns ik` aseussaoks (eoccnetavncy, thn aklorgitaok) irn prova`n`

lor aklorgitaokic ik` nùeitaokic purposns okcy ik` shouc` kot jn eokstrun` is akvnstgnkt i`vaen or i

socaeatitaok lor gokny to gikibn saken gokny gikibngnkt as kot eokùetn`. Phnrnlorn, jy ko gniks as

thas pujcaeitaok to jn eokstrun` is i socaeatitaok ol iky or`nr to juy or sncc iky sneuraty. Ieeoràkbcy, you

shouc` kot rncy socncy ok thn aklorgitaok ak gimakb iky akvnstgnkt. ^sn thn aklorgitaok okcy is i stirtakb

poakt lor oakb i`àtaokic ak`npnk`nkt rnsnireh ak or`nr to iccow you to lorg your owk opakaok rnbiràkb

akvnstgnkts. @okt tri`n wath gokny you eikt illor` to cosn ik` knvnr tri`n ikythakb jcak`cy.

Icwiys eoksuct wath your caenksn` lakikeaic i`vasor jnlorn gimakb ik` akvnstgnkt `neasaok. Ats your

gokny ik` your rnspoksajacaty.
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Insiders Power May 2015