FED-UP
This article is about the final lever that will open the door for the New World Order, and about money, what it should be but isn’t.
We have been given so many excuses for not discussing our fiat money system, the fraud is of such vintage that time alone has buried it’s relevancy, or it is necessary to accept and go on from here. But the most repeated argument is simply that the matter is TOO complicated for people to comprehend.
This situation is much more serious than these lame reasons for a banking cover up would suggest.
Brave souls have paid the price and suffered the consequences for writing about or investigating the "Federal" Reserve System. Names like Congressmen McDonald and Heinz, as well as Senator John Tower all perished in "dubious" plane crashes during the time they were exposing the money manipulation. Charles Lindburgh Sr. was among the many who became ostracized as a result of their continued attempts to alert the public about the dangers of central banking.
Given the recent circumstances of the world Bank and International Monetary Fund (IMF) bailouts of failing Asian economies and international bankruptcies it would seem the time has arrived for an "airing" of this gigantic fraud.
As far back as the 15 hundreds goldsmiths hit upon a wonderful discovery. People were weary of carrying around cumbersome gold pieces for bartering purposes. They started leaving their chunks of gold with the goldsmiths who gave them receipts which the barterers then used in lieu of the gold itself.
The goldsmiths soon found they could write receipts for gold over and above the metal on hand and the customers never knew the difference. This simple exercise of creating money out of thin air formed the basis for the Bank of England. Using England as the catalyst, central banks were established around the world.
In the US the central bank is misnamed the "Federal" Reserve System.
Our English forefathers rejected the idea of a central bank. In later years congress refused to set up such a system. They let down their guard however. On December 23, 1913, (when many legislators had left for home) a few representatives pushed through the "Federal" Reserve Act. In a secret meeting devious bankers decided to camouflage the name and intent of their central banking by calling it something else. Thus we have a "Federal", which isn’t federal but a private cartel of bankers, Reserve, there are no reserves, System, which isn’t a system but an operation run primarily out of New York. The bankers added inconsequential (12 in all) banks throughout the country because people were very suspicious of New York bankers. This addition of banks (in name only) it was felt would assuage their fears.
For a time it did.
Many didn’t realize that the "Fed" cartel of private bankers included European bankers as well. The following banks own the controlling interest in "OUR Fed System": Rothschild Bank of London and Berlin, Lazard Brothers Bank of Paris, Israel Moses Seif Bank of Italy, Warburg Bank of Amsterdam and Hamburg, Lehman Brothers Bank of New York City, Chase Manhattan Bank of New York City (David Rockefeller) and Goldman Sachs Bank of New York City.
Following congressional refusal of the central banking effort, Paul Warburg and Alfred Rothschild master minded the navigating and planning for this renamed American/European banking scheme.
President Andrew Jackson (1829-1837) fought many battles against centralized banking. Even in those times the bankers and moneyed interests controlled the media so it was difficult to communicate with the people. Despite these great odds Jackson never wavered and his views eventually prevailed.
President Cleveland (1885-1889, 1893-1897) helped lay the groundwork for undermining the anti-central banking movement. He had spent his whole life associating with the banking Morgans. JP Morgan was part of the banking consortia planning the "Fed System." Cleveland’s cabinet appointees were riddled with Morgan men. His orbit included all kinds of banking and related businesses. The Rockefellers were the other main control group. In Europe their counterpart in financial matters were the Rothschilds and Warburgs. It was during these years that Morgan established the General Electric Company, and Mayer Lehman (of Lehman Brothers) moved into investment banking.
During Cleveland’s administration the US altered course from a peaceful foreign policy of non-intervention to a policy of aggressive economic and political expansion.
It was the bankers who effected this change by using US clout to subsidize investments and export markets. They also wanted to guarantee Third World bonds.
European/American bankers eventually became involved in all manner of merchandizing including insurance, railroads, the media and publications so that a monopoly was evolving in almost every area.
This expansionism was fraught with uncertainty and the bankers wanted to establish a monetary guarantee via the force of government.
There are two main lines of banking. Commercial banks engage in unsound reserve credit and are always on the verge of bankruptcy as a result. They end up looking for a government bailout. Investment banks receive most of their business selling government bonds and have a vested interest in promoting deficits. This results in forcing taxpayers to underwrite this banking debt. All of this dovetails into the bankers need to tap into tax sources to guarantee their profit.
By the passage of the constitutionally illegal 1913 "Federal" Reserve Act the power to control the domestic and foreign policies was passed from elected representatives to a private cartel of European/American bankers. It serves government, the big bankers, and large corporations. All of them are NAFTA, GATT and WTO proponents. Our federal government has not dollars worth of stock in the "Fed."
The government involvement consists of appointing a "director" to give the illusion it is a federal institution. Since the "Fed" and government collaborate in deceiving the public, it is a certainty that the director will follow the dictates of the bankers. Employees of this bank are not civil servants; the property is held under private deeds and is subject to taxes while government ownership is not taxed. This bank has never been audited.
What is behind the almost total congressional support of this fraudulent institution? Congress overspends and rather than raising taxes, they "borrow" from the "Fed." This enables them to continually spend more than is taken in without having to address the problem. The bankers agree to give credit or money to the government in exchange for government repayment with interest, a usury fee. An authorization goes to the Treasury Department to print US Bonds, which are given to the "Fed" Reserve Bankers.
These US bonds in the "Fed" system now become assets, which the bankers use to create more "credit" to lend. They are earning interest from thin air.
Today our Treasury department prints the money but then sells it to the "Fed" at 2 cents a denomination and this follows whether it is for one dollar or $100 dollars. The "Fed" then loans it back to our government at face value while charging 9% interest compounded daily. We are being charged interest on our own money and calling it "national debt."
Transactions like this are repeated tens of thousands of times and our government has now increased the indebtedness to trillions of dollars for which the people pay over $100 billion a year in interest alone. There is no hope of ever paying back the principal to say nothing of the phony rhetoric that surfaces at election time concerning "the balanced budget."
Following the 1913 "Federal" Reserve act we were delivered another part of the banking scheme in the form of the 16th amendment that instituted the federal income tax. If a banker loans (and that is his main source of money) he must be assured of payment and have collateral. The IRS became the collection enforcement arm of the bankers. According to President Reagan’s Private Section Survey, "100% of our income taxes go solely for interest on the Federal "debt" and by Federal Government contributions to transfer payments. In other words, all individual income tax revenues are gone before one nickel is spent on the services the taxpayers expect from the government."
Before the "Fed" took over, the US government handled all money matters and there was no usury fees or interest charged. There was no federal debt. This was in keeping with the Constitution, which stated that the government has the power to coin and regulate money. Since the private bankers took over there has been nothing but market instability although the central bank was proclaimed to be a needed stabilizer. In 1930 the bankers curtailed the flow of money sending a booming economy into a depression. They approved loans to some large companies, while refusing loans to others thereby manipulating the stock market and garnishing billions in profits from the deals.
We have mounting debts and wars in which the bankers arrange to make a profit from lending to both sides in a conflict. Our politicians are prisoners of the bankers, just as Baron Rothschild predicted. Most people are unaware of the close relationship with the banking houses in other nations which in reality constitutes their "governments."
A dishonest money system is at the center of American economics and social problems. As the money became corrupted a corresponding degree of corruption has attended all areas of our society.
It is past time when this "Federal" Reserve System should be able to operate under its cloak of secrecy.
Some quotes from those who have issued a warning.
Congressman Louis Mc Fadden: "The Federal Reserve Banks are one of the most corrupt institutions the world has ever seen. There is not a man within the sound of my voice who does not know that this Nation is run by the International Bankers."
Major L. L. B. Angas: "The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banks in fact inflate, mint and unmint the modern ledger-entry currency."
Ralph Hawtrey (former Secretary of the British Treasury) "Banks lend by creating credit. They create the means of payment out of nothing."
Thomas A. Edison: "People who will not turn a shovel full of dirt on the project (Muscle shoals Dam) will collect more money from the United States than the People who supply all the material and do the work. This is the terrible thing about interest . . . It is a terrible situation when the Government to insure the National Wealth, must go in debt and submit to ruinous interest charges at the hands of men who control the fictitious value of gold. Interest is the invention of Satan."
I rest my case.
Nancy C. Thomson
November 24, 1997