As allopathic physicians usually focus on the symptoms rather than the cause so the general public and its representatives seem to look at problems and band-aids for them rather than to seek the underlying cause. Error correction instead of goal correction. A good recipe for disaster.
This country is in the midst of an economic catastrophe. It has been obviously so for everyone in the middle class for some years. Anyone who does grocery shopping for a family has known it for years. People who have to choose between getting their medication and getting food have known it for years. Workers laid off while people overseas do their jobs for cents an hour have known it for years. And now that millionaires are affected some error correction is finally being suggested. Some 80% of jobs here are in the service sector, ill paid and without benefits. Meanwhile, the CEO’s still get benefits in the millions of dollars based on their skill in putting their own workers out of work.
There are many views on what is going on. Everyone at least has to agree that the rich are getting richer and the poor are getting poorer. But while the debate goes on about exactly which words to use, things get worse. Rather like the well fed and well paid diplomats in air conditioned offices arguing about the exact meaning of some phrase or other while people are being killed every minute as their argument about how to describe acts of genocide continues.
Those who read this site regularly know that I tend to do the great no-no of the politicians. I look back into the history of a problem, the cause, not at the current effects, the symptoms. This is how I found out the basis of the lies fed to the public about fluoride, hemp, laetrile, aspartame, vaccines, as a health writer, and much else when investigating religious dogmas. Connecting these dots showed to my own satisfaction how the current desperate state of affairs came about. Knowing the cause it is easier to come up with an answer. And of course it often depends on history, the subject deplored by most people as dull, maybe because it’s dangerous.
Let’s start with the connection between the American Revolution and Karl Marx who came along many years later. Old Karl may have been many things that the politicians deplore, but he wasn’t an idiot, like many of the current crop here. He saw how things worked in reality, in his century. And he said this in the Communist Manifesto, when talking about how to get control of a country, one of the most important things to achieve was: “centralization of credit in the hands of the state, by means of a national bank with state capital and an exclusive monopoly.” This lesson was taken to heart by all future despots, including ours.
He was an avid student of history and knew this power principle from the example of the Bank of England. This started in 1694 when King William III needed help funding the war with France. The king needed something that could provide him with all the money he needed and to manage the debts that always occur when wars are fought. The answer to his need was the founding of the Bank of England.
It was the world’s first central bank, that was privately owned in a powerful country. It was called the Bank of England to keep the public from realizing that it was privately owned and was not a government institution. It was the model used in the formation of our own privately owned central bank, The Federal Reserve, is named Federal for the same reasons. Most of the other central banks are privately owned and use the Bank of England as their model.
Enter some people you all know. The Founding Fathers were pretty smart cookies, and they knew that the reason the British Parliament levied unfair taxes on the American colonies, and the English citizens at home incidentally, was because the Bank of England had put the government in so much debt by loaning it money at interest, that Parliament was in desperate need of revenue to reduce the debt. So they did what governments always do, they taxed those not rich enough to avoid taxes.
Benjamin Franklin, another ultra smart cookie who had been a diplomat in Europe, said that the chicanery of the Bank of England was the real cause of the American Revolution. The Founding Fathers wanted to avoid the same problems that would definitely occur in America if the bankers got too much power.
Thomas Jefferson said:
"I sincerely believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a money aristocracy that has set the government at defiance. The issuing power should be taken from the banks and restored to the people to whom it properly belongs."
Jefferson and Madison tried to add two amendments to the Constitution that would prevent the formation of monopolies, whose dangers they clearly foresaw. Their amendment wanted "freedom from monopolies in commerce" (what are now giant corporations including international banks and Wall Street investment firms) and "freedom from a permanent military," or standing armies.
If they had been successful this country might now be ruled by the people for the people, instead of by the corporations for the corporations, as is obviously the case now. And there would not be the Pentagon monster draining over half the wealth of the country for the benefit of scum like the Halliburtons and Blackhawks. The Founding Fathers foresaw the possibilities. They had seen them at work in Europe. They bothered to LEARN FROM HISTORY. None of them were addicted to TV.
When I first came to this country in 1970 I soon realized that if I wanted to understand anything that was going on I had better learn about the Civil War, the War between the States as they say down South, a name I prefer. Of course I did not read any school texts, they are always the propaganda tools of the current establishment. This I experienced when I was in France and read French elementary school histories about the same incidents I knew about from English elementary school books. What an eye opener!
After reading some fifty books or so, including many from Southern university libraries I came to the conclusion that the Civil War, like so many other recent wars was based on the greed of bankers and industrialists whose money bought and paid for the ‘news’ that aroused the public sufficiently to allow their children to be killed to accomplish the financial goals of the big money people, in this case control of the Cotton industry of the South.
One such insight came from reading the beautifully literate and eloquent speeches and letters of Abraham Lincoln. Here is what he said that gave me the needed clue, and I quote,
"The money powers prey upon the nation in times of peace and conspire against it in times of adversity. It is more despotic than a monarch, more insolent than autocracy and more selfish than a bureaucracy. It denounces, as public enemies, all who question its methods or throw light upon its crimes. I have two great enemies, the Southern Army in front of me and the bankers in the rear. Of the two, the one at the rear is my greatest foe."
That elegant English is around 12th grade level so only a small percentage of the current population would be able to grasp its meaning. Which is a pity, because only readers can access the behind the scenes information needed to bring about a change.
The Rothchild influenced bankers, who were charging the government interest of 24% or more for financing the War between the States were more dangerous to Lincoln than the Armies of the South. Dissenters were dealt with as they are today…accused of being unpatriotic by vitriolic attacks from news media, bought and paid for by the big money.
So what did Lincoln do? Jefferson and Madison had tried to amend the Constitution to prevent Lincoln's danger that they so clearly foresaw. The amazingly courageous Lincoln managed to get the Congress to pass the Legal Tender Act in 1862 that empowered the US Treasury to issue paper money called "greenbacks."
Remember all through this article that this is the power that the Constitution had originally given exclusively to Congress. Lincoln had refused to pay the bankers their enormous interest rates and needed the new law to be able to print up the money he needed (called greenbacks) to fund the war with the South. This new money of course was debt and interest free. The bankers didn’t like this because they needed to create and control interest bearing financial transactions.
Right after the war Lincoln was assassinated and by a strange coincidence, very shortly thereafter the Greenback law was rescinded, a new national banking act was passed, and all money became interest bearing again. Just note that a prominent and capable President of the United States was assassinated shortly after trying to curb the debt producing powers of the bankers. It isn’t the last time this coincidence occurred. But it isn't stressed in history books.
Those of you interested in history might also like to see the problems that President Jackson had with the bankers when he had to veto the bill that empowered the Second Charter Bank Bill in 1832. Like the smart people already mentioned he pointed out in his veto explanation that to pass the bill would immediately benefit many very rich shareholders and that the bill also claimed a monopoly over the financial arrangements of the government. Jackson was in favor of gold and silver, not what he called ‘rag money’ without any real backing.
Biddle, who ran the bank, owned many members of Congress because of his financial resources, and their greed or stupidity Jackson won that battle temporarily but the war was won by the bankers later on as we shall see. They never rest.
You are probably familiar with the name Rothschild as a synonym for enormous wealth. It was a Rothschild who loaned the British Government the money to buy the Suez Canal during the reign of Queen Victoria. It didn’t hurt that the Prime Minister at the time was Jewish. A common religious belief gave Disraeli an edge over any Protestant minister.
Well, Baron M.A. Rothschild said: "Give me control over a nation's currency and I care not who makes its laws." That sentence explains the battle that has gone on ever since this country was founded because of the taxation brought about by the financial chicanery of a national, central, privately owned bank in another country, that put the government of that country deep into debt. The opportunity to do the same with a bank in this country was eagerly sought and diligently pursued without ceasing, by the owners of banks here and those who controlled great industries here and abroad.
I’ll go into how they succeeded and how our own central bank was created to benefit the extremely rich at the expense of everyone else. It too was disguised as a government institution by the name Federal Reserve. It, like the Bank of England is privately owned, has no elected members, has taken from the government its right to be the producer of the money of the country, and lends its worthless money to the government for every action it takes, at high interest, that you and I and other tax-payers give them for their chicanery.
The paper money it prints at will has no backing. It is what Jackson said, “rag money” I call it fictitious money. It is the betrayal of the people in this country by their elected Congress that allowed this to occur AND continue to occur.
Remember always that Rothschild said "Give me control over a nation's currency and I care not who makes its laws." That’s surprisingly like another dictator who said “ I don’t care who casts the votes. I only care who counts them.” That was Joseph Stalin enunciating another lesson learned by despots everywhere, including the previous administration. They at least do seem to learn something from history; tactics.
It was the Rothschilds who tried to install a private central bank in this country. It was to be named Bank of the United States, for the usual reasons. The attempt was thwarted by President Jackson and he used these words:
“The bold effort the present bank has made to control the government, the distress it had wantonly produced...are but premonitions of the fate that awaits the American people should they be deluded into a perpetuation of this institution or the establishment of another like it.”
But as I also said, they never rest. And in 1902 an expert in the European system of central banking came to this country. He was a friend of the Rothschild family, several of whom owned or controlled national banks in different countries. His name was Paul Warburg. He became a partner in Kuhn, Loeb and Company.
One of the founders of this famous company was Solomon Loeb. Paul Warburg cemented his relationship to the company and its money by marrying Solomon’s daughter. The actual head of the company was Jacob Schiff. He is famous in history for giving $20 million in gold, (not paper), to the communists in 1917, and has been credited with saving their revolution.
This is a little reminiscent of the way grandfather Bush financed the Hitler movement in Germany, and became called Hitler’s Angel. But that’s more history, and we have to look forward don’t we. Bankers love dictators for the conformity and predictability they represent. Not to mention the fact that they often decimate or suppress the intellectuals and their dangerous habit of thinking.
J.P.Morgan used his enormous wealth to create a money panic in 1907 to force government action about the country’s finances. That’s a separate story. But in 1908 a National Monetary Committee was established by Congress to waste time until the real plan could be put into action.
Meanwhile a small island off the coast of Georgia had been prepared for several years as a base for the chicanery about to come. These people must be given credit for long range planning. Their goals are always much further in the distance than the four year maximum of politicians. Some of their plans took generations to bring about. Adult grandchildren worked on the plans of their grandfather. Whole dynasties of a few very wealthy families have done all this.
This plan got off to a start when the little island of Jekyll, just off the coast of Georgia, was bought by a special group of millionaires. Islands are always good bases for dark deeds. The Master of the Templars was executed on an island in the Seine to prevent the populace from interfering. The US government has used them, and maybe still uses them for germ warfare experiments.
By 1900 Jekyll had become the site of one of the world’s most exclusive clubs for multi millionaires and financiers. At that time the net worth of the members was about 1/6th of the wealth of the entire world. Read that sentence again.
Americans will recognize some of the members, with names like Morgan, of course, Vanderbilt, Astor etc. It didn’t matter what other kind of status you had in the world, only top financial giants could be members. President McKinley was denied membership. So was Winston Churchill.
In 1910 the second part of the plan was put into operation and another group was formed consisting of the heads of major corporations and big banks in this country. This group left secretly by rail from Hoboken, New Jersey, and traveled anonymously to the exclusive hunting lodge on Jekyll Island.
Why the secrecy? Well, the Senator who was going to introduce a bill about financial control was Senator Aldrich. It would have been fatal to his plan had it been made public at the time that he was taking advice from bankers and Wall Street magnates. The same kind of secrecy is the reason that nobody yet knows who was in the group that Bush’s government brought together to create the Energy policy. Tactics. Copy what has worked before.
At Jekyll Island, the man who drafted the plan that produced the Federal Reserve was the afore mentioned Paul Warburg, up to his ears in national and international finance. The negotiations took nine days. They thought it through. The new central bank had to be given a name that made it sound like a governmental body. So it was called the Federal Reserve. It had to appear to be controlled by Congress, but actually the majority of its members were selected by the stockholders, who just happened to be private banks.
To further the fiction of government control a system of twelve regional banks was created. You can see their names on the Federal Reserve notes that you use as money. Because New York was the financial center of the country the Federal Reserve bank of New York was said to be in charge. That was another deception.
The board and chairman of the Federal Reserve were to be selected by the President, but the terms of their tenure in the words of Colonel Edward House, would "put them out of the power of the President." Colonel was his Texas nickname, not a rank. He was the closest confidant of Woodrow Wilson.
The aim of the plot was that of the Rothchilds. The power over the creation of money was to be taken from the elected representatives of the people and placed in the hands of private bankers who could expand or contract credit as they felt it best suited their needs.
The Fed controls the banking system in the USA, not the Congress nor the people. The strategy of the U.S. central bank is a result of European banking interests, based on the original idea that started the Bank of England.
Let’s just look at that original Constitutional directive that only Congress is allowed to authorize the creation of money. It sounds democratic, but actually it was the first step towards the control that the Federal Reserve now has. Financiers have longer term goals than politicians.
This law of the land is Article 1, Section 8 of the Constitution. It states that Congress shall have the power to coin (create) money and regulate the value thereof. This was passed to destroy the power of perfectly honest and legitimate private banks and mints that issued their own money, based on gold and silver they owned. It took a while. The government for a time even competed with the private mints, but eventually only the government was allowed to give the name 'money’ to the stuff they made.
As late as 1935, the US Supreme Court ruled that the Congress under this law cannot constitutionally delegate its power to another group or body. So, when the Federal Reserve came into being it was an unconstitutional action by Congress. This is still the fly in their ointment that may be eventually used against them. But not if nobody knows or cares.
But had the Congress acted responsibly, the Act that created the Federal Reserve would never have passed. The legislation establishing it was so obviously against the interest of the public and of the country that it had to be passed by trickery. Another tactical example to despots in charge of nominal democracies or republics.
It’s worth looking more closely at how the Federal Reserve Bill was passed. We all know that governmental procedures generally move at the speed of molasses in a Chicago January.
The Glass Bill (the House version of the final Federal Reserve Act) had passed the House on September 18, 1913 by 287 to 85. On December 19, 1913, the Senate passed their version by a vote of 54-34. More than forty important differences in the House and Senate versions remained to be settled, and the opponents of the bill in both houses of Congress were led to believe that many weeks would yet elapse before the Conference bill would be ready for consideration.
The Congressmen prepared to leave Washington for the annual Christmas recess, assured that the Conference bill would not be brought up until the following year. Now the money creators prepared and executed the most brilliant stroke of their plan. In a single day, they ironed out all forty of the disputed passages in the bill and quickly brought it to a vote. Tactics. On Monday, December 22, 1913, the bill was passed by the House 282-60 and the Senate 43-23.
On December 21, 1913, the New York Times commented editorially on the act, "New York will be on a firmer basis of financial growth, and we shall soon see her the money centre of the world." This reflects eerily the comments made by Hitler about gun registration in Germany in 1935. See my previous posting.
"Unprecedented speed", said the New York Times. This was Warburg’s doing. Some of the bill's most vocal critics had already left Washington. It was a long-standing political courtesy that important legislation would not be acted upon during the week before Christmas, but this tradition was rudely shattered in order to perpetrate the Federal Reserve Act on the American people. Tactics. At a meeting where weapons are handed in at the door, carry a concealed one and give up one to pretend compliance.
The Times buried a brief quote from Congressman Lindbergh that "the bill would establish the most gigantic trust on earth," and quoted Representative Guernsey of Maine, a Republican on the House Banking and Currency Committee, that "This is an inflation bill, the only question being the extent of the inflation."
Congressman Lindbergh said on that historic day, to the House: Quote:
"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 trusts will soon realize that they have gone too far even for their own good. The people must make a declaration of independence to relieve themselves from the Monetary Power. This they will be able to do by taking control of Congress. Wall Streeters could not cheat us if you Senators and Representatives did not make a humbug of Congress. . . . If we had a people's Congress, there would be stability.
The greatest crime of Congress is its currency system. The worst legislative crime of the ages is perpetrated by this banking bill. The caucus and the party bosses have again operated and prevented the people from getting the benefit of their own government."
The December 23, 1913 New York Times editorially commented, in contrast to Congressman Lindbergh's criticism of the bill, and possibly under financial pressure, "The Banking and Currency Bill became better and sounder every time it was sent from one end of the Capitol to the other. Congress worked under public supervision in making the bill."
By "public supervision", the Times apparently meant Paul Warburg, who for several days had maintained a small office in the Capitol building, where he directed the successful pre-Christmas campaign to pass the bill, and where Senators and Congressmen came hourly for instructions on carrying out his strategy.
The "unprecedented speed" with which the Federal Reserve Act had been passed by Congress during what became known as "the Christmas massacre" had one unforeseen aspect. Woodrow Wilson was taken unawares, as he, like many others, had been assured the bill would not come up for a vote until after Christmas. Now he refused to sign it, because he objected to the provisions for the selection of Class B. Directors.
Bernard Baruch, the investor and financier, was a principal contributor to Wilson's campaign fund. He was stunned when he was told that Wilson refused to sign the bill. He hurried to the White House and assured Wilson that this was a minor matter, which could be fixed up later through "administrative processes". The important thing was to get the Federal Reserve Act signed into law at once. With this reassurance, Wilson signed the Federal Reserve Act on December 23, 1913.
History has proven that on that day, the Constitution ceased to be the governing covenant of the American people, and our liberties were handed over to the tender loving care of a small group of unethical and ruthless international bankers.
To summarise: A Congressional Conference Committee meeting had been surreptitiously scheduled for between 1:30 - 4:30 AM on December 22, 1913. How many of you are awake between those times. Jackson the suspicious would have been. A great many members had already left on their Christmas vacation. The Act was then voted on the next day and passed, although it is obvious that those present had not had time to read it or to be familiar with its altered contents concerning forty points of disagreement.
Remember the 700+ pages of the Patriot Act? Sound familiar? Nobody read that either. It was passed by people who may as well have been blind for all they knew that was in the Act. Tactics.
Still the 1913 bill passed and was signed into law by Woodrow Wilson who later admitted he made a terrible mistake saying "I unwittingly ruined my country." Maybe the advice of Colonel House and Bernard Baruch helped him to do that.
His apology hasn’t altered anything. The damage was done. And today most of the public are still unaware that their Congress acted unconstitutionally in giving the control of the finances of this country into the hands of a private, in business for profit, cartel of bankers, whose only interest is in making a profit for themselves and their shareholders.
Well, what have they done that makes that a bad thing? Maybe professional bankers are the people who should be in charge of the money. Remember Jefferson, Madison, Jackson and Lincoln. They had good reason to believe otherwise. The totally ruinous situation in the current financial situation in the country is based on a very simple matter, that only the clever and shrewd, not to say unethical, could have planned over the long term. Strategy.
Now that the Fed had actual control of how much money could be printed the next step was taken. In 1917, it set the minimum reserves that a member bank had to keep on deposit with the central bank at 10 percent. That 10 percent was retained by the Federal Reserve in gold. We were still on the gold standard, but the reserve ratio meant that banks could loan out ten times as much in paper money as they actually had on deposit in gold.
So, 100 - 10 = 90. Sorry to insert such a difficult piece of mathematics. This means that 90% of the money loaned out by the member banks had no need of backing in gold. In effect the gold receipts they gave were counterfeit, and the process was a con. The Federal Reserve gold receipts were meant to be just receipts for gold actually owned by other people. For a short time to come people could take their receipts to a bank and get gold for them. A dollar is actually the technical term, or was then, for one twentieth of an ounce of gold.
The government allowed the Feds to print these bits of paper, 90% of which were worthless, and persuaded people that these bits of paper were money. 'The gold was obviously safer in a bank and your receipt would always be honored,' was the tenor of the argument. Of course people began to believe this and used the notes as if they were money. This was the first big step towards the ultimate aim. Paper money under the control of private bankers who could print as much as they wanted as a monopoly, and use it as real, while keeping gold under their own control.
Then in the early 1930s the American government abandoned the gold standard. Gold receipts, called dollars could no longer be redeemed for gold. In addition, the Fed presses stopped printing gold receipts altogether and replaced them with “Federal Reserve notes.”
Then the government passed another law stating that the Federal Reserve notes were legal tender to be used in all transactions. As soon as that happened the price of gold in international markets took off upwards. The public now had no way of judging the value of their money. The financial experts knew that precious metals were what counted, not how many pieces of paper you had, and what was printed on them. So the price of gold went up.
But that wasn’t all. After 150 years of constantly working on the plan the government (actually the Fed) now had control over printing all the money in the country, and possessed all the gold in the country. Almost at once the government devalued the value of American currency by around 40%.
People who had loaned money to America were now only going to get 60% of the original value of their money back. Those foreigners who had done that were still able to get 60% of their debts repaid in gold. So the government used the people’s now more valuable gold to pay off the debts incurred by the government, smoke screened by the Fed.
If I stole your gold jewelry and used it to pay my debts you would call it theft, and you’d be right. When the government does it the result is spun as fiscal responsibility, or ingenuity.
Foreign governments began to call in their debts. Eventually the game was over and that outstandingly honest and ethical President Nixon, on August 15, 1971, finally announced that America would no longer pay its debts in gold. Since then, America has been run 100% on paper and electronic money under the total control of a private banking cartel run for profit.
Whenever a member of the cartel gets into trouble it is bailed out with money from the government, and your tax money pays the interest on it. When banks fail, as so many did in 1980, and again recently, it is your money that bails out the incompetent big business people. If a big American auto company starts to wobble, its buddies in the Fed bail it out.
The free market system of competition cannot be followed under these circumstances. Incompetent companies will survive if they are friends of the money printers. We have seen this old principle practiced for months now. The scum balls who did all the damage to the economy are rewarded as experts who can help us out of the mess they got us into. Well to be fair it wasn’t just them. If you want to know who was responsible, as V says, ‘Look into a mirror.’
The American people just watched as they were shafted year after year, believing anyone in a black suit with the gift of fluency. In later years even that gift wasn’t required. But the ability to lie while looking straight into a TV camera was absolutely necessary. So the skill was acquired, as we all know to our cost.
The Federal Reserve bank is one of many international banks that work with each other to benefit each other. That was the ultimate aim of the Jekyll island group. By controlling international currency they can control governments and the people under those governments. And they do.
There is a major Swiss bank that acts as a clearing house for all the others. But all the banks work only to raise profits for themselves and the cartel. And now they don’t even have to print the money. They can make previously arranged electronic deposits to anybody. The shareholders of those banks, which are often other banks, ALWAYS get their annual interest. And it is your tax money that pays for it.
People believe the nonsense that high prices cause inflation, or that paying workers what they deserve causes inflation. The only real cause of inflation is printing money that has no backing in anything considered valuable by the rest of the world. The government uses the customer price index to snow the public. John Doe and Jane Doe think that when the price of everything is going up that inflation is the cause. It isn’t. It’s the result of printing too much money.
For an amazingly clear, pragmatic and totally realistic appraisal of such matters look up Robert Ringer on the Web and read his first rate, amazingly lucid explanations of the financial chicanery of the government. His political opinions certainly don’t always coincide with mine, I’m not recommending a more famous Douglas clone, but there is never any doubt as to the meaning of his words. He is a man who has had his books on the top of the best seller lists at least three times, and as he published them himself, it is clear he knows the financial world better than most.
The customer price index is about as realistic as the Body Mass Index tables. I’ve written about those. People like our current governor of California, who won the Mr. Universe title five times would come out as obese for each title, using those tables. Several top class athletes and movie stars with fine physiques would be obese or overweight according to those tables. The reason is that a given volume of muscle weighs much more than the same volume of fat. But the stupid tables make no distinction between muscle and fat. They use just weight and height.
So, those tables are pretty useless, though lazy professionals and the uninformed public use them to control or predict. The consumer index is just as ridiculous. For example: U.S. citizens go on vacations abroad. None of their expenditure is analyzed. Visitors from abroad come here. Their expenditures don’t count. Many rural communities are left out entirely. The very rich and the very poor are left out. Black market, drugs and prostitution money are all left out and so are savings and investments, and many other categories.
As a realistic index it is useless. But it’s a great propaganda tool. Someone does a lot of statistics and comes up with a pretty graph and a number like 3.07 or a rise of 1.69% and the mathematically challenged roll over and surrender without further thought.
When prices go up it’s because more money is in circulation and the purchasing value of each unit of it has become less. It’s like the man who got permission from God to take his valuable gold with him to heaven when he died. St. Peter looked in the suitcase he was carrying and said, “Paving stones! Why take all that trouble to bring paving stones here?”
Wealth is what you can control with the money. It isn’t the money. The Fed could flood every mail box in the country with money. All that would happen is that you would have to use more money that month to buy the same stuff you bought last month for less. The rules of supply and demand apply to money too. The more there is of it the cheaper it has become. That’s why an economic stimulus is unlikely to work.
As prices go up the consumer price index would go up and the government would blame rising prices on inflation to cover the real cause. And the public usually buy that particular scam. Inflation is the result, not the cause.
I remember when I was younger, how the German housewives used to take a whole basketful of banknotes to the baker to get one loaf. I had several one million mark notes in my little foreign money collection. That’s inflation! And it could happen here for the same reason. And Fox News would blame it on some group that the Republicans wanted to persecute. And the non-readers would believe them as usual.
Look at the names of big bankers I mentioned. Rothschild, Solomon, Jacob, Baruch. That’s how Hitler chose that particular group so that he could unite the country in hatred against the Jews. But any enemy will do. It is a political axiom that if the leader can produce an enemy he or she can unite the country. It’s been done here quite often. As a selection from many, try the British, the Rebels, the Huns, the Communists, the Hippies, the Anthrax, and now the most ridiculous, the Terror, as if anyone can fight an emotion with guns.
Anyone who dissents will be called a supporter of the enemy, as if there are always only two choices. Even though Thomas Jefferson considered dissent as a political duty of a citizen. If there is a next time you may find yourself in the selected enemy group, whatever or whoever it is, with similar results. Anyone will do.
Presidents know about the fact that borrowing all the money they need from the Fed, at interest is the road to financial disaster. Having the government print its own money, as the Constitution directs would cause no debt. So why don’t they do something about it?
Lincoln did, and by a coincidence that always seems to occur when people buck the bankers, he was assassinated. Jackson’s career was very adversely affected by his action against the Second Bank, and his attitude about bankers.
Another President tried around 45 years ago. John Kennedy planned to end the Federal Reserve System to eliminate the national debt any central bank creates by printing money and loaning it to the government. That debt is currently in the trillions as we all know, and now you know why. The interest on that debt is now approaching a trillion dollars every year. This totally unearned money makes the bankers richer and the public poorer.
They can print the money at essentially zero cost and cash in by lending it to the government at interest, or play with it electronically. And the whole system that brought this about is illegal. It’s a black suit, white collar scam. And every president knows it. Reagan and Bush befriended the bankers of course, birds of a feather, and ensured that legislation was passed to help them increase their take and their power.
But on June 4, 1963, the bold President Kennedy decided to do something about the source of the national debt. He issued presidential order EO 11110 giving the president authority to issue currency. He then ordered the US Treasury to print over $4 billion worth of "United States Notes" to replace Federal Reserve Notes.
It was his intention to replace all the Fed notes when enough of the new currency was in circulation. That action would end the stranglehold the Fed and the international banking cartel had on the American government and people. The United States Notes would incur no debt and no interest.
By one of those afore mentioned coincidences that occur when international banking is threatened, Kennedy was assassinated before he could put this order into effect. Possibly to ensure his own safety, or as some think, to repay the debt of his sudden promotion, Lyndon Johnson rescinded that order soon after he took office and restored the power of the Fed. It may then have something to do with both Kennedy’s assassination and also with the advent and survival of Johnson. Stranger things have happened in politics. The banking cartel is now more powerful than ever, and maybe presidents are now among the few people who are learning one pro-survival lesson from history… don’t mess with the Fed.
So, is there any way out. Well yes there is, but it won’t happen if the whole damned country sits in front of their TV sets watching Fox News acting as a megaphone for their owners, as they did for the last administration, or searching the Web for the latest dirt on various celebrities, whom they don’t know and have never met.
Someone said to me the other day, “It’s the old Roman circus game to keep the people happy.” My reply was “Yes, I agree. But at least the Roman public had to get off their arses and walk to the Coliseum. The current crop has the Coliseum brought to them.”
The Act that created the Fed is unconstitutional. Congress acted illegally in allowing it to happen, and betrayed the American public. Something has already been done about that by the Supreme Court. But the public, as usual don’t know about it. There was no nudity involved so it wasn’t newsworthy. And some Supreme Court members are apparently blocking knowledge of what was done from becoming widely known by the public. If enough of the public did know about it maybe action could be taken, even in this government’s lifetime. Maybe more about that some other time. Then back to woojie stuff as the clever people call it.
By the way. You can go to Jekyll Island now, even if you are a mere smear tourist. The cottages the rich built are still there. The Club House Hotel has rooms named after the Federal Reserve, and the island is proud of its historical association with the Feds.
Sometimes it is spelled Jeckyll. I’d hate you to miss your trip because different people spell it differently. Robert Louis Stevenson used Jekyll in his classic horror story, Dr. Jekyll and Mr. Hyde so that’s the spelling I prefer.
For homework look up: Robert Ringer, Jekyll Island, Federal Reserve, Consumer price index, on the Web. You may have an interesting and informative time, and you’ll be able to see through the smoke and mirrors much more easily. You may even find out on the way why it is illegal, according to the Constitution and Supreme Court rulings for the IRS to tax the money you earn as wages and salary. That was another scam that started around the same time as the founding of the current Federal Reserve. Check it out. It's a free country, isn't it?





