The 19th century became known as the age of the Rothschild when it was estimated they controlled half of the world's wealth. While their wealth continues to increase today, they have managed to blend into the background, giving an impression that their power has waned. They only apply the Rothschild name to a small fraction of the companies they actually control. Some authors claim that the Rothschild had not only taken over the Bank of England but they had also in 1816 backed a new privately owned Central Bank in America called The Second Bank of The United States, causing huge problems to the American president.
ANDREW JACKSON
When the American congress voted to renew the charter of The Second Bank of The United States, Jackson responded by using his veto to prevent the renewal bill from passing. His response gives us an interesting insight.
"It is not our own citizens only who are to receive the bounty of our government. More than eight million of the stock of this bank are held by foreigners, is there no danger to our liberty and independence in a bank that in its nature has so little to bind it to our country? Controlling our currency, receiving our public moneys, and holding thousands of our citizens in dependence would be more formidable and dangerous than a military power of the enemy. If government would confine itself to equal protection, and, as Heaven does its rains, shower its favor alike on the high and the low, the rich and the poor, it would be an unqualified blessing. In the act before me there seems to be a wide and unnecessary departure from these just principles." -Andrew Jackson
In 1832 Jackson ordered the withdrawal of government deposits from the Second bank and instead had them put into safe banks. The Second Banks head, Nicholas Biddle was quite candid about the power and intention of the bank when he openly threatened to cause a depression if the bank was not re-chartered: "Nothing but widespread suffering will produce any effect on Congress, Our only safety is in pursuing a steady course of firm restriction, and I have no doubt that such a course will ultimately lead to restoration of the currency and the re-charter of the bank." -Nicholas Biddle
And by calling in existing loans and refusing to issue new loans he did cause a massive depression, but in 1836 when the charter ran out, the Second Bank ceased to function. It was then he made these two famous statements: "The Bank is trying to kill me, but I will kill it!" and later "If the American people only understood the rank injustice of our money and banking system, there would be a revolution before morning." -Andrew Jackson
On his death bed, when asked what he felt was the greatest achievement of his career Andrew Jackson replied without hesitation "I killed the bank!" Unfortunately however we will see this was not the end of private financial influence passing itself off as official.
ABRAHAM LINCOLN AND THE CIVIL WAR
With the Central Bank killed off, fractional reserve banking moved like a virus through numerous state chartered banks instead causing the instability this form of economics thrives on. When people lose their homes someone else wins them for a fraction of their worth. Depression is good news to the lender, but war causes even more debt and dependency than anything else, so if the money changers couldn't have their Central Bank with a license to print money, then it was a war they demanded and caused. We can see from this quote of the then chancellor of Germany that slavery was not the only cause for the American Civil War.
"The division of the United States into federations of equal force was decided long before the Civil War by the high financial powers of Europe. These bankers were afraid that the US, if they remained as one block, and as one nation, would attain economic and financial independence, which would upset their financial domination over the world." -Otto Von Bismark chancellor of Germany 1876On the 12th of April 1861 this economic war began. Predictably Lincoln, needing money to finance his war effort, went with his secretary of the treasury to New York to apply for the necessary loans. The money changers wishing the Union to fail offered loans at 24% to 36%. Lincoln declined the offer. An old friend of Lincoln's, Colonel Dick Taylor of Chicago was put in charge of solving the problem of how to finance the war. His solution is recorded as this. "Just get Congress to pass a bill authorizing the printing of full legal tender treasury notes and pay your soldiers with them and go ahead and win your war with them also."
Colonel Dick Taylor When Lincoln asked if the people of America would accept the notes Taylor said. "The people or anyone else will not have any choice in the matter, if you make them full legal tender. They will have the full sanction of the government and be just as good as any money; as Congress is given that express right by the Constitution." -Colonel Dick Taylor
Lincoln agreed to try this solution and printed 450 million dollars worth of the new bills using green ink on the back to distinguish them from other notes. "The government should create, issue and circulate all the currency and credit needed to satisfy the spending power of the government and the buying power of consumers. The privilege of creating and issuing money is not only the supreme prerogative of Government, but it is the Government's greatest creative opportunity. By the adoption of these principles, the long-felt want for a uniform medium will be satisfied. The taxpayers will be saved immense sums of interest, discounts and exchanges. The financing of all public enterprises, the maintenance of stable government and ordered progress, and the conduct of the Treasury will become matters of practical administration. The people can and will be furnished with a currency as safe as their own government. Money will cease to be the master and become the servant of humanity. Democracy will rise superior to the money power." -Abraham Lincoln
From this we see that the solution worked so well Lincoln was seriously considering adopting this emergency measure as a permanent policy. This would have been great for everyone except the money changers who quickly realized how dangerous this policy would be for them. They wasted no time in expressing their view in the London Times. Oddly enough, while the article seems to have been designed to discourage this creative financial policy, in its put down we're clearly able to see the policies goodness.
"If this mischievous financial policy, which has its origin in North America, shall become a fixture, then that Government will furnish its own money without cost. It will pay off debts and be without debt. It will have all the money necessary to carry on its commerce. It will become prosperous without precedent in the history of the world. The brains, and wealth of all countries will go to North America. That country must be destroyed or it will destroy every monarchy on the globe." -Hazard Circular - London Times 1865
From this extract its plan to see that it is the advantage provided by the adopting of this policy which poses a threat to those not using it. In 1863, nearly there, Lincoln needed just a bit more money to win the war, and seeing him in this vulnerable state, and knowing that the president could not get the congressional authority to issue more greenbacks, the money changers proposed the passing of the National Bank Act. The act went through. From this point on the entire US money supply would be created out of debt by bankers buying US government bonds and issuing them from reserves for bank notes. The greenbacks continued to be in circulation until 1994, their numbers were not increased but in fact decreased. "In numerous years following the war, the Federal Government ran a heavy surplus. It could not however pay off its debt, retire its securities, because to do so meant there would be no bonds to back the national bank notes. To pay off the debt was to destroy the money supply." -John Kenneth Galbrath
The American economy has been based on government debt since 1864 and it is locked into this system. Talk of paying off the debt without first reforming the banking system is just talk and a complete impossibility.
That same year Lincoln had a pleasant surprise. Turns out the Tsar of Russia, Alexander II, was well aware of the money changers scam. The Tsar was refusing to allow them to set up a central bank in Russia. If Lincoln could limit the power of the money changers and win the war, the bankers would not be able to split America and hand it back to Britain and France as planned. The Tsar knew that this handing back would come at a cost which would eventually need to be paid back by attacking Russia, it being clearly in the money changers sights. The Tsar declared that if France or Britain gave help to the South, Russia would consider this an act of war. Britain and France would instead wait in vain to have the wealth of the colonies returned to them, and while they waited Lincoln won the civil war. With an election coming up the next year, Lincoln himself would wait for renewed public support before reversing the National Bank Act he had been pressured into approving during the war. Lincoln's opposition to the central banks financial control and a proposed return to the gold standard is well documented. He would certainly have killed off the national banks monopoly had he not been killed himself only 41 days after being re-elected. The money changers were pressing for a gold standard because gold was scarce and easier to have a monopoly over. Much of this was already waiting in their hands and each gold merchant was well aware that what they really had could be easily made to seem like much much more. Silver would only widen the field and lower the share so they pressed for Gold.
RETURN OF THE GOLD STANDARD
"Right after the Civil War there was considerable talk about reviving Lincoln's brief experiment with the Constitutional monetary system. Had not the European money-trust intervened, it would have no doubt become an established institution." -W.Cleon Skousen. Even after his death, the idea that America might print its own debt free money set off warning bells throughout the entire European banking community. On April 12th in 1866, the American congress passed the Contraction Act, allowing the treasury to call in and retire some of Lincoln's greenbacks, With only the banks standing to gain from this, it's not hard to work out the source of this action. To give the American public the false impression that they would be better off under the gold standard, the money changers used the control they had to cause economic instability and panic the people. This was fairly easy to do by calling in existing loans and refusing to issue new ones, a tried and proven method of causing depression.
They would then spread the word through the media they largely controlled that the lack of a single gold standard was the cause of the hardship which ensued, while all this time using the Contraction Act to lower the amount of money in circulation.It went from $1.8 billion in circulation in 1866 allowing $50.46 per person, to $1.3 billion in 1867 allowing $44.00 per person, to $0.6 billion in 1876 making only $14.60 per person and down to $0.4 billion only ten years later leaving only $6.67 per person and a continually growing population.Most people believe the economists when they tell us that recessions and depressions are part of the natural flow, but in truth the money supply is controlled by a small minority who have always done so and will continue to do so if we let them. By 1872 the American public was beginning to feel the squeeze, so the Bank of England, scheming in the back rooms, sent Ernest Seyd, with lots of money to bribe congress into demonetizing silver. Ernest drafted the legislation himself, which came into law with the passing of the Coinage Act, effectively stopping the minting of silver that year. Here's what he said about his trip, obviously pleased with himself. "I went to America in the winter of 1872-73, authorized to secure, if I could, the passage of a bill demonetizing silver. It was in the interest of those I represented, the governors of the Bank of England, to have it done. By 1873, gold coins were the only form of coin money." -Ernest Seyd
Or as explained by Senator Daniel of Virginia "In 1872 silver being demonetized in Germany, England, and Holland, a capital of 100,000 pounds ($500,000.00) was raised, Ernest Seyd was sent to this country with this fund as an agent for foreign bond holders to effect the same object (demonetization of silver)". Within three years, with 30% of the work force unemployed, the American people began to hearken back to the days of silver backed money and the greenbacks. The US Silver Commission was set up to study the problem and responded with telling history: "The disaster of the Dark Ages was caused by decreasing money and falling prices. Without money, civilization could not have had a beginning, and with a diminishing supply, it must languish and unless relieved, finally perish. At the Christian era the metallic money of the Roman Empire amounted to $1,800 million. By the end of the fifteenth century it had shrunk to less than $200 million. History records no other such disastrous transition as that from the Roman Empire to the Dark Ages." -United States Silver Commission While they obviously could see the problems being caused by the restricted money supply, this declaration did little to help the problem, and in 1877 riots broke out all over the country.
The bank's response was to do nothing except to campaign against the idea that greenbacks should be reissued. The American Bankers Association secretary James Buel expressed the bankers attitude well in a letter to fellow members of the association.He wrote: "It is advisable to do all in your power to sustain such prominent daily and weekly newspapers, especially the Agricultural and Religious Press, as will oppose the greenback issue of paper money and that you will also withhold patronage from all applicants who are not willing to oppose the government issue of money. To repeal the Act creating bank notes, or to restore to circulation the government issue of money will be to provide the people with money and will therefore seriously affect our individual profits as bankers and lenders. See your congressman at once and engage him to support our interest that we may control legislation." -James Buel American Bankers Association
What this statement exposes is the difference in mentality between your average person and a banker. With a banker 'less really is more' and every need an opportunity to exploit. James Garfield became President in 1881 with a firm grasp of where the problem lay. "Whosoever controls the volume of money in any country is absolute master of all industry and commerce. And when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate." -James Garfield 1881 Within weeks of releasing this statement President Garfield was assassinated. The cry from the streets was to bring Silver back.
FREE SILVER
Fleecing of the flock is the term the money changers use for the process of booms and depressions which make it possible for them to repossess property at a fraction of its worth. In 1891 a major fleece was being planned. "On Sept 1st, 1894, we will not renew our loans under any consideration. On Sept 1st we will demand our money. We will foreclose and become mortgagees in possession. We can take two-thirds of the farms west of the Mississippi, and thousands of them east of the Mississippi as well, at our own price. Then the farmers will become tenants as in England." -1891 American Bankers Association as printed in the Congressional Record of April 29, 1913
The continued gold standard made this possible. William Jennings Bryan was the Democratic candidate for president in 1896, campaigning to bring silver back as a money standard. "We will answer their demand for a gold standard by saying to them: You shall not press down upon the brow of labor this crown of thorns, you shall not crucify mankind upon a cross of gold." -William Jennings Bryan
Of course the money changers supported his opposition on the Republican side so long as he wanted the gold standard maintained. The factory bosses were somehow convinced to tell their work force that business would close down if Bryan was elected, and everyone would lose their jobs. The Republicans won by a small margin. Bryan tried again in 1900 and in 1908 but lost both times. He became secretary of state under Wilson in 1912 but became disenchanted and resigned in 1915 under suspicious circumstances connected with the sinking of the Lusitania which drove America into the First World War.
J.P.MORGAN AND THE CRASH OF 1907
If you want to work out the cause of the crash of 1907, checking who benefited is where you should look first. With the stock market slump causing most of the over extended banks to falter, in steps J.P. Morgan offering to save the day. People will do strange things when in a panic, and this might explain why Morgan was authorized to print $200 million from nothing, which he then used to prop things up. Some of the troubled banks with less than 1% in reserve had no choice. It was accept this solution or go under. Even if they had worked out that their problems had been caused by the same people now offering the solution, there is not a lot they could have done about it. J.P.Morgan was hailed a hero. "All this trouble could be averted if we appointed a committee of six or seven men like J.P.Morgan to handle the affairs of our country." -Woodrow Wilson
But not everyone was fooled or otherwise on the payroll of the money changers. "Those not favorable to the money trust could be squeezed out of business and the people frightened into demanding changes in the banking and currency laws which the Money Trust would frame." -Rep. Charles A. Lindbergh (R-MN)
Apart from making a small number rich at the expense of the many, in this case the instability also served the second purpose of encouraging the public to believe that they would be better off living under a Central Bank and a Gold Standard. Desperate people have little time for logic.
LINCOLN WATCHES
In Washington the statue of Lincoln sitting in his chair is facing a building called the Federal Reserve Headquarters. This institution would not be there if Lincoln's monetary policy had been adopted by the USA. It is not Federal and it has doubtful reserves. The name is an open deception designed to give this private bank the appearance that it is operating in the public's interest, when in fact it is run solely to gain private profit for its select stock holders. It came into being as the result of one of the slickest moves in financial history. On 23rd December 1913 the house of representatives had past the Federal Reserve Act, but it was still having difficulty getting it out of the senate. Most members of congress had gone home for the holidays, but unfortunately the senate had not adjourned so they were technically still in session. There were only three members still present. On a unanimous consent voice vote the 1913 Federal Reserve Act was passed. No objection was made, possibly because there was no one there to object. Charles Lindbergh would have objected.
"The financial system has been turned over to... the federal reserve board. That board administers the finance system by authority of a purely profiteering group. The system is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other peoples money." -Rep Charles A, Lindbergh (R-MN)
Louis T. McFadden would have objected. "We have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board. This evil institution has impoverished the people of the United States and has practically bankrupted our Government. It has done this through the corrupt practice of the moneyed vultures who control it." -Rep. Louis T, McFadden (R-PA)
Barry Goldwater would also have objected. "Most Americans have no real understanding of the operation of the international money lenders... The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and... manipulates the credit of the United States." -Sen. Barry Goldwater (R-AZ)
Most Americans would object if they knew. The Federal Reserve is the largest single creditor of the United States Government, and they are also the people who decide how much the average persons car payments are going to be, what their house payments are going to be, and whether they have a job or not. The three people who passed the Federal Reserve Act in 1913, knew exactly what they were doing when they set up this private bank, modeled on the Bank of England and the fact that THE BANK OF ENGLAND had been operating independently unopposed since 1694 must have given them a great deal of confidence.
WHERE THERE'S WAR THERE'S MONEY: WORLD WAR I
War uses up more materials more quickly than most anything else on earth. In war expensive equipment doesn't wear out slowly, it gets blown up. (It's interesting to note that during the 119 year period from the founding of the Bank of England to Napoleon's defeat at Waterloo, England had been at war for 56 years, while the rest of the time preparing for it. In the process the money changers had been getting rich.) So there it was, the newly formed Federal Reserve poised to produce any money the U.S. Government might need from thin air with each dollar standing to make a healthy interest. Nine days after its formation the Federal Reserve founders were wishing each other a Happy New Year. What good fortune might 1914 bring?
The Germans borrowed money from the German Rothschild bank, the British from the British Rothschild bank, and the French from the French Rothschild bank. American super banker J.P. Morgan was among other things also a sales agent for war materials. Six months into the war his spending of $10 million a day made him the largest consumer on the planet. The Rockefeller's and the head of president Wilson's War Industries Board, Bernard Baruch each made some 200 million dollars while families contributed their sons to the bloody front lines, but profit was not the only motive for involvement.Russia had spoiled the money changers plan to split America in two, and remained the last major country not to have its own central bank. However, three years after the start of the war the entire Russian Royal Family was killed and Communism began. You might find it strange to learn that the Russian Revolution was also fueled with British money. Capitalist businessmen financing Communism? Author Gary Allen gives his explanation: "If one understands that socialism is not a share-the-wealth program, but is in reality a method to consolidate and control the wealth, then the seeming paradox of super-rich men promoting socialism becomes no paradox at all. Instead, it becomes logical, even the perfect tool of power-seeking megalomaniacs. Communism or more accurately, socialism, is not a movement of the downtrodden masses, but of the economic elite." -Gary Allen
Author W.Cleon Skousen wrote in his book 'The Naked Capitalist'. "Power from any source tends to create an appetite for additional power. It was almost inevitable that the super-rich would one day aspire to control not only their own wealth, but the wealth of the whole world. To achieve this, they were perfectly willing to feed the ambitions of the power-hungry political conspirators who were committed to the overthrow of all existing governments and the establishments of a central world-wide dictatorship." -W.Cleon Skousen
Extreme revolutionary groups were controlled by being financed when they complied and cut off, with money sometimes being given to their opposition, when they didn't. If you find this hard to believe, listen to what the so called dictator of the new Soviet Union had to say.
"The state does not function as we desired. The car does not obey. A man is at the wheel and seems to lead it, but the car does not drive in the desired direction. It moves as another force wishes." -Vladimir Lenin
Rep. Louis T. McFadden, chairman of the House Banking and Currency Committee throughout the 1920-30s explained it this way."The course of Russian history has, indeed, been greatly affected by the operations of international bankers. The Soviet Government has been given United States Treasury funds by the Federal Reserve Board... acting through the Chase Bank. England has drawn money from us through the Federal Reserve Banks and has re-lent it at high rates of interest to the Soviet Government. The Dnieperstory Dam was built with funds unlawfully taken from the United States Treasury by the corrupt and dishonest Federal Reserve Board and the Federal Reserve Banks." -Rep. Louis T.McFadden (D-PA)
Even when Communism collapsed in the Soviet Union, Boris Yeltsin revealed that most of the foreign aid was ending up "straight back into the coffers of western banks in debt service."
WORLD DOMINATION
With Russia down the money changers now had control of every major national economy. Like a steam roller moving and a wolf gathering its pack, there was only one thing left to do and that was to go global. The first attempt was the proposal at the Paris Peace Conference after WWI to set up the League of Nations. Old habits die hard, and even what they called 'the war to end all wars' was not enough to convince nations to dissolve their boundaries. The League died.If politicians really were being controlled, you would think at least one would break ranks and cry out against it. Many did. One was no less than former New York City Mayor John Haylan.
"These international bankers and Rockefeller-Standard Oil interests control the majority of the newspapers and magazines in this country. They use the columns of these papers to club into submission or drive out of office public officials who refuse to do the bidding of the powerful corrupt cliques which compose the invisible government. The warning of Theodore Roosevelt has much timeliness today, for the real menace of our republic is this invisible government which like a giant octopus sprawls its slimy length over City, State, and nation. It seizes in its long and powerful tentacles our executive officers, our legislative bodies, our schools, our courts, our newspapers, and every agency created for the public protection. To depart from mere generalizations, let me say that at the head of this octopus are the Rockefeller-Standard Oil interest and a small group of powerful banking houses generally referred to as the international bankers. The little coterie of powerful international bankers virtually run the United States government for their own selfish purposes. They practically control both parties, write political platforms, make cats paws of party leaders, use the leading men of private organizations, and resort to every device to place in nomination for high public office only such candidates as will be amenable to the dictates of corrupt big business. These international bankers and Rockefeller-Standard Oil interests control the majority of newspapers and magazines in this country." -John Hylan, Mayor of New York 1927.
These warnings fell on deaf ears, drowned out by the music and excitement of the roaring 20's. People don't tend to complain much in times of prosperity, so the money changers used this boom time they had created to defuse any complaints about their growing control.
DEPRESSION IN 1929
Stacked in front of you are the biographies of all the Wall Street giants, J.P. Morgan, Joe F. Kennedy, J.D Rockefeller, Bernard Baruch, and you'll find they all marvel at how they got out of the stock market and put their assets in gold just before the crash. Not mention a secret directive, since revealed, sent by the father of the Federal Reserve, Paul Warburg, warning of the coming collapse and depression. With control of the press and the education system, few Americans are aware that the Fed caused the depression. It is however a well known fact among leading top economists."The Federal Reserve definitely caused the Great depression by contracting the amount of currency in circulation by one-third from 1929 to 1933." -Milton Friedman, Nobel Prize winning economist
"It was not accidental. It was a carefully contrived occurrence. The international bankers sought to bring about a condition of despair here so that they might emerge as rulers of us all." -Rep. Louis T.McFadden (D-PA)"I think it can hardly be disputed that the statesmen and financiers of Europe are ready to take almost any means to re-acquire rapidly the gold stock which Europe lost to America as the result of World War I." -Rep. Louis T.McFadden (D-PA)
40 billion dollars somehow vanished in the crash. However, It didn't really vanish, it simply shifted into the hands of the money changers. This is how Joe Kennedy went from having 4 million dollars in 1929 to having over 100 million in 1935. During this time the Fed caused a 33% reduction of the money supply, causing deeper depression.
HOW THE FED CREATES MONEY
We've been talking about how the privately owned Federal Reserve can produce money from thin air. Here's how it's done.
The purchase of bonds is approved by the Federal Open Market Committee.
The Fed buys the bonds which it pays for with electronic credits made to the sellers bank. These credits are based on nothing.
The receiving banks then use these credits as reserves from which they can loan out ten times the amount.To reduce the amount of money in the economy they simply reverse the process.
The Fed sells bonds to the public and money is drawn from the purchasers bank to pay for them. Each million withdrawn lowers the banks ability to loan by 10 million.The Federal bank in this way has overall control of the US money supply, as each country's central bank does in the same way. The bankers, through the magic of fractional reserve banking have been delegated the right to create 90% of the money supply. This control makes a mockery of any elected government. It places so called leaders behind a toy steering wheel, like the plastic ones made amuse small children. Or as Rep.Charles Lindbergh father of famous aviator Lucky Lindy puts it when commenting on the Federal Reserve Act:"This act establishes the most gigantic trust on earth. When the President signs this bill, the invisible government by the Monetary Power will be legalized. The people may not know it immediately, but the day of reckoning is only a few years removed the worst legislative crime of the ages is perpetrated by this banking bill." -Rep. Charles Lindbergh (R-MN)
Or as Woodrow Wilson put it:"We have come to be one of the worst ruled, one of the most completely controlled governments in the civilized world no longer a government of free opinion, no longer a government by a vote of the majority, but a government by the opinion and duress of a small group of dominant men. Some of the biggest men in the United States, in the field of commerce and manufacture, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they had better not speak above their breath when they speak in condemnation of it." -Woodrow Wilson
In order to clearly establish that this is not a conspiracy theory, but is actually how things are controlled, we further quote Charles Lindbergh. From the house of representatives, Lindbergh was well placed to see exactly what was happening back then and continues to happen today."To cause high prices all the federal reserve board will do will be to lower the re-discount rate, producing an expansion of credit and a rising stock market; then when business men are adjusted to these conditions, it can check prosperity in mid-career by arbitrarily raising the rate of interest. It can cause the pendulum of a rising and falling market to swing gently back and forth by slight changes in the discount rate, or cause violent fluctuations by greater rate variation, and in either case it will possess inside information as to financial conditions and advance knowledge of the coming change, either up or down. This is the strangest, most dangerous advantage ever placed in the hands of a special privilege class by any Government that ever existed. The system is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money. They know in advance when to create panics to their advantage. They also know when to stop panic. Inflation and deflation work equally well for them when they control finance." -Rep. Charles Lindbergh (R-MN)
ADOLF'S BANKERS
Most all will be aware of Hitler's rise to power. What they probably don't know is that he was almost completely financed by money drawn from the privately owned American Federal Reserve."After WWI, Germany fell into the hands of the international bankers. Those bankers bought her and they now own her, lock, stock, and barrel. They have purchased her industries, they have mortgages on her soil, they control her production, they control all her public utilities. The international German bankers have subsidized the present Government of Germany and they have also supplied every dollar of the money Adolph Hitler has used in his lavish campaign to build up threat to the government of Bruening. When Bruening fails to obey the orders of the German International Bankers, Hitler is brought forth to scare the Germans into submission. Through the Federal Reserve Board over $30 billion of American money has been pumped into Germany. You have all heard of the spending that has taken place in Germany. Modernistic dwellings, her great planetariums, her gymnasiums, her swimming pools, her fine public highways, her perfect factories. All this was done on our money. All this was given to Germany through the Federal Reserve Board. The Federal Reserve Board has pumped so many billions of dollars into Germany that they dare not name the total." -Congressman Louis T.McFadden (D-PA) (who served twelve years as Chairman of the Committee on Banking and Currency.)
FORT KNOX
In 1933 new President Franklin D. Roosevelt signed a bill forcing all the American people, to hand over all their gold at base rate. With the exception of rare coins. He disowned himself from the bill claiming to not have read it and his secretary of the treasury claimed this was "what the experts wanted".Bought at bargain basement price with money produced from nothing by the Federal Reserve, the gold was melted down and stacked in the newly built bullion depository called Fort Knox. Once collected in 1935 the price of gold was raised from $20.66 up to $35 per ounce, but only non American gold qualified to be sold. This meant those who had avoided the crash by investing in gold they had shipped to London could now nearly double their money while the rest of America starved. But that's not all folks. By the end of WWII Fort Knox did hold 70% of the world's gold, but over the years it was sold off to the European money changers while a public audit of Fort Knox reserves was repeatedly denied.Rumors spread about missing gold. "Allegations of missing gold from our Fort Knox vaults are being widely discussed in European circles. But what is puzzling is that the Administration is not hastening to demonstrate conclusively that there is no cause for concern over our gold treasure if indeed it is in a position to do so."-Edith Roosevelt. Finally in 1981 President Ronald Reagan was convinced to have a look into Fort Knox with a view to re-introducing the Gold Standard. He appointed a group called The Gold Commission. They found that the US Treasury owned no gold at all. All the Fort Knox gold remaining is now being held as collateral by the Federal Reserve against the national debt. Using credits made from nothing. The Fed had robbed the largest treasure of gold on earth.
WORLD WAR II
World War II saw the US debt increased by 598%, while Japan's debt went up by 1,348%, with France up by 583% and Canada up by 417%. When you hear this, what is your first impression? Do you automatically think this is bad or this is good? Most of us feel a well programmed sense of desperation when we hear figures like this, but remember, to the money changers, this is music to their ears. With the hot war over, the cold war began, the arms race causing more and more borrowing. Now the money changers could really concentrate on global domination. Step one, the European Monetary Union and NAFTA. Step two, centralize the global economy via the World Bank, the IMF and GATT (now the WTO).
THE WORLD CENTRAL BANK (1948 - Present)
In Washington, the headquarters of both the World Bank and the IMF (International Monetary Fund) face each other on the same street. What are these organizations, and who controls them?To find out we need to look back to just after WWI. At this point the money changers were attempting to consolidate the central banks under the guise of peacemaking. To stop future wars they put forward the formation of a world central bank named the Bank of International Settlements, a world court called the World Court in the Hague, and a world executive for legislation called the League of Nations. In his 1966 book entitled Tragedy and Hope, president Clinton's mentor Carroll Quigley writes about this.
"The powers of financial capitalism had [a] far-reaching [plan], nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalistic fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank sought to dominate its government by its ability to control treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world." -Carroll Quigley, Professor, Georgetown University
They got 2 out of 3. The league of nations failed largely owing to the suspicions of the people and while opposition concentrated on this, the other two proposals snuck their way through. It would take another war to wear the public resistance down. Wall street invested heavily to rebuild Germany, as the Chase bank had propped up the Russian revolution. Now the Chase merged with the Warburg's Manhattan Bank to form the Chase Manhattan which would later merge with the Chemical Bank to become the largest bank on Wall Street.In 1944 the US approved its full participation in the IMF and the World Bank. By 1945 the second League of Nations was approved under the new name 'The United Nations'. The war had dissolved all opposition. The methods used in the National Banking Act of 1864 and the Federal Reserve Act of 1913 were now simply used on a Global scale.The Federal Reserve Act allowing the creation of Federal Reserve notes is mirrored by the IMF's authority to produce money called Special Drawing Rights (SDR's).
It is estimated the IMF has produced $30 billion dollars worth of SDR's so far. In the United States SDR's are already accepted as legal money, and all other member nations are being pressured to follow suit. With SDR's being partially backed by gold, a world gold standard is sneaking its way in through the back door, which comes with no objection from the money changers who now hold two-thirds of the worlds gold and can use this to structure the worlds economy to their further advantage.We have gone from the goldsmith's fraud being reproduced on a national scale through the Bank of England and the Federal Reserve, to a Global level with the IMF and the World Bank.
Unless we together stop giving these exchange units their power by our collective faith in them, the future will probably see the Intergalactic Bank and the Federation of Planets Reserve set up in much the same way. This radical transfer of power has taken place with absolutely no mandate from the people.Nations borrow Special Drawing Right from the International Monetary Fund in order to pay interest on their mounting debts. With these SDR's produced at no cost, the IMF charges more interest. This contrary to bold claims does not alleviate poverty or further any development. It just creates a steady flow of wealth from borrowing nations to the money changers who now control the IMF and the World Bank. The permanent debt of Third World Countries is constantly being increased to provide temporary relief from the poverty being caused by previous borrowing.
These repayments already exceed the amount of new loans. By 1992 Africa's debt had reached $290 billion dollars, which is two and a half times greater than it was in 1980. A noble attempt to repay it has caused increased infant mortality and unemployment, plus deteriorating schools, and general health and welfare problems. As world resources continue to be sucked into this insatiable black hole of greed, if allowed to continue the entire world will face a similar fate. As one prominent Brazilian politician, Luis Ignacio Silva put it.
"Without being radical or overly bold, I will tell you that the Third World War has already started a silent war, not for that reason any the less sinister. This war is tearing down Brazil, Latin America and practically all the Third World. Instead of soldiers dying there are children, instead of millions of wounded there are millions of unemployed; instead of destruction of bridges there is the tearing down of factories, schools, hospitals, and entire economies. It is a war by the United States against the Latin American continent and the Third World. It is a war over the foreign debt, one which has as its main weapon interest, a weapon more deadly than the atom bomb, more shattering than a laser beam." -Luis Ignacio Silva
If a group or organization had used its hard earned money to help these developing nations, then we might sympathize that there should be a real effort to repay these loans. But the money used was created from fractional reserve banking. The money loaned to the Third World came from the 90% the banks allow themselves to loan on the 10% they actually held. It didn't exist, it was created from nothing, and now people are suffering and dying in an effort to pay it back. This has gone beyond clever financing, it's whole sale murder and it's time we end it.
For those few who will take the time to read this article in full, I hope you realize the full power of this information. All that we work for, all of the so called "Debt" we owe, is a lie. People, countless lives, have been lost and taken to defend and protect this lie. Those who have tried to kill the lie have been sacrificed and mocked in their failures. We as a people are so uneducated in these matters and even that was their plan.
An educated society cannot be controlled.
Source: http://www.xat.org/xat/usury.html
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Thank You!
Nice post, you covered good insights on the economy and more importantly how fed works.