-Caveat Lector- from: http://www.aci.net/kalliste/ <A HREF="http://www.aci.net/kalliste/">The Home Page of J. Orlin Grabbe</A> ----- ------------------------------------------------------------------------ Today's Lesson from The Illuminatus! Trilogy by Robert Shea and Robert Anton Wilson "The Knights Templar were kicked out of the church," Barney said, "for trying to combine Christian and Moslem ideas. Last year, my brother--the Jesuit--gave a lecture about how modern ideas are just old heresies from the Middle Ages warmed over. I had to go for politeness' sake. I remember something else he said about the Templars. They were engaged in what he called 'unnatural sex acts.' In other words, they were faggots. Do you get the impression that all these groups related to the Illuminati are all male? Maybe the big secret they're hiding so fanatically is that they're all some vast worldwide homosexual plot. I've heard showbiz people complain about what they call the 'homointern,' a homo organization that tries to keep all the best jobs for other fruits. How does that sound? "It sounds plausible," Saul said ironically. "But it also sounds plausible to say the Illuminati is a Jewish conspiracy, a Catholic conspiracy, a Masonic conspiracy, a communist conspiracy, a banker's conspiracy, and I suppose we'll eventually find evidence to suggest it's an interplanetary scheme masterminded from Mars or Venus. Don't you see, Barney? Whatever they're really up to, they keep creating masks so all sorts of scapegoat groups will get the blame for being the 'real' Illuminati." He shook his head dismally. "They're smart enough to know they can't operate indefinitely without a few people eventually realizing something's there, so they've taken that into account and arranged for an inquisitive outsider to get all sorts of wrong ideas about who they are." ===== Year 2000 Bank of England Expands the Y2K Borrowing Ability of Banks Corporates switch from bonds to cash. The Bank of England yesterday sought to tackle fears that the millennium bug will trigger a surge in demand for cash over Christmas with plans to inject more liquidity into the market. Bank officials said the measures, similar to those announced by the US Federal Reserve and other central banks in the last few weeks, would ease anxieties in the financial markets about the Y2K problem. "We are confident that this will ensure that orderly market conditions are maintained over the Y2K period," said Ian Plenderleith, who is in charge of the bank's financial market operations. He added that the bank had established separate lines of communications on the Y2K problem with its counterparts in Europe and the US. There is widespread concern that liquidity could dry up as banks withhold credit lines from some of their customers and depositors withdraw more cash than usual as insurance against the Y2K bug. In the last few weeks, the volume of new corporate bonds in sterling and dollars has shrunk sharply, as fund managers switch a higher than normal proportion of their assets into cash. Under yesterday's move, the Bank will extend the maturity of its securities lending - or repo - facility from 14 days to three months. This will enable banks and other financial institutions to borrow cash from the Bank well in advance of the millennium without having to worry about imminent repayment. In a repo or a repurchase agreement, one party lends cash to another for a fixed period and in exchange receives government bonds as collateral. The Bank normally uses repos to manipulate short-term interest rates and manage liquidity levels in the cash markets. In addition, the Bank has more than quadrupled the pool of government bonds it treats as eligible collateral for its repo facility to more than �2,000bn. The wider pool includes more than �1,000bn worth of euro-denominated bonds issued by governments in the euro-zone. These will remain eligible after the other measures have elapsed early next year. The Bank also said it would stand ready if necessary to extend its repo facilities to financial institutions that are not normally eligible counterparties. Earlier this month the US Federal Reserve more than doubled its eligible collateral to $2,700bn (�1,666bn) to include bonds issued by US government agencies, such as Fannie Mae. Bankers say the move has already had an impact on the market. For example the swap spread between fixed and floating rate money has narrowed to below one percentage point from a high of 1.2 percentage points in August. The swap spread is a key indicator of market appetite for risk. The Financial Times, Sept. 21, 1999 The Religion Business Scientologists in France Accused of Fraud and Violence "Illegally practicing medicine" SEVEN Church of Scientology officials accused of fraudently obtaining money from converts and the illegal practice of medicine went on trial in Marseilles yesterday. The defendants, five of whom are women, are accused of "embezzlement, the illegal practice of medicine and violence with premeditation" between 1987 and 1990. They are said to have charged for services like Dianetics, described as a "mental science" aimed at "suppressing illness and undesirable sensations". The prosecution alleged they charged about £120 an hour, with some courses of treatment in "extreme cases" priced at £1,500. This is the second trial of Scientology officials in France. The first, in Lyons three years ago, saw six receive suspended jail sentences on similar charges, with one sentenced for manslaughter after a convert committed suicide. The Marseilles trial has been surrounded by scandal after the unexplained destruction of court documents relating to the case came to light this month. It resulted from a suit brought 10 years ago by a doctor, Robert Polguer, who said he had paid £137,000. The three judges retired for four hours yesterday to consider a defence request for postponement because of what one lawyer called "a hateful lynching atmosphere in the media." The request was rejected. The defendants face up to five years in prison and fines of up to £250,000. On Sept 8, the justice minister, Elisabeth Guigou, ordered an inquiry into the destruction of more than three tons of court documents, some of them evidence collected for the Scientology case. The papers were included in a consignment destroyed at the end of last year to make room for new files in the main Marseilles courthouse. It was the second time that legal documents relating to Scientology in France have disappeared. Last year, other documents concerning the Church of Scientology - officially considered a cult in France - disappeared from the Paris Palais de Justice. That case, Mme Guigou said, was different. Then, "it was not destruction but a disappearance and that was even more disturbing. Then there was no question of error". The prosecutor said the trial would still go ahead as planned but pointed out that it would be up to the three-judge court to decide on the importance of the missing papers once the court convened. As the trial opened, the prosecutor said the documents destroyed were "subsidiary" and enough evidence remained to put his case. The London Telegraph, Sept. 21, 1999 ----- Aloha, He'Ping, Om, Shalom, Salaam. 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