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It's About the Money!
Mayer Amschel Rothschild is quoted as saying,
"Permit me to issue and control the money of a nation, and I
care not who makes its laws. "
Whether it's health care, national security, human rights, the
environment, education, or whatever... there is always a bottom line. And, that
bottom line is always money - or to be more specific... the
control of money as Rothschild alluded to.
Those that control our economy and who established our monetary system are not
concerned about millions of Americans losing their homes in bankruptcy, who are
without health insurance, whether poor children get a meal today, polution in
the air and water, or about a myriad of other issues important to most average
Americans.
What they ARE concerned about is controlling the money in
regards to these issues.
Whatever the issue...
follow the money and you'll
learn the true objective.
We have struggled with the money issue since
before this country was founded... indeed, before this Continent was even
discovered. It's always been and continues to be the core issue behind all
human activity.
The founders of American independence intimately understood the
tyranny imposed by those who control the money and went to great lengths to
ensure America would never again be enslaved to the moneyed vultures again.
"I believe that banking institutions are
more dangerous to our liberties than standing armies. If the American people
ever allow private banks to control the issue of their currency, first by
inflation, then by deflation, the banks and corporations that will grow up
around [the banks] will deprive the people of all property until their children
wake-up homeless on the continent their fathers conquered. The issuing power
should be taken from the banks and restored to the people, to whom it properly
belongs." - Thomas Jefferson
For most of our American history most have enjoyed an abundance of
money and the benefits that come from having such an abundance. However, since
1913 when a secretive group of money changers staged
a coup in this country, we have witnessed a steady decline in our abundance
and today, are experiencing a renewed effort by those who want more control
over the destiny of America to better control the money.
"It is well enough that people of the nation do not understand
our banking and monetary system, for if they did, I believe there would be a
revolution before tomorrow morning." - Henry Ford
Like they did in bank crisis' of 1932, these modern day money
changers are once again tightening the purse to put the squeeze on our American
abundance and to persuade us to surrender our freedom in exchange for what they
promise to be security. And, like Americans in previous generations, few
understand the monetary system and instead trust politicians and their cronies
to provide their sustenance. This general lack of understanding keeps you
enslaved to the moneychangers and beholden to the politicians and courts
they've bought.
"Most Americans have no real understanding of the operation of
the international moneylenders. 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
"History records that the money changers have used every form of
abuse, intrigue, deceit, and violent means possible to maintain their control
over governments by controlling money and its issuance." - James Madison
- The Panic of 2008 parallels the Panic of 1873 in important
ways. It differs in others. The
comparison is instructive. Preceding the Panic of 1873 was
a boom in railroad building. The Federal government had subsidized construction
of such major railroads as the Union Pacific, Central Pacific, and Northern
Pacific through land grants and low-interest loans, starting in 1862 and ending
in 1869. The boom of 18691873 involved a banking system that created
money backed by government bonds. There was not enough domestic capital to
support the railroad boom and bonds were sold here and abroad to banks with
ample reserves. Europe had a panic in May of 1873, holding up financing in the
U.S. and affected bond underwriters like Jay Cooke. This strained their
enterprises. Money rates began to rise. Things looked sound, despite the high
prices for goods that had been incurred in building the roads and the high
costs of capital. But there was too much borrowing short and investing long, a
duration mismatch. When commercial paper went to 712 percent, the
failures started. In September Jay Cooke failed. Then a slew of banking houses
failed. Stocks dropped as banks called in loans and margin accounts were forced
to liquidate. The banks were seeking money funds so that they could avoid
failure. This induced runs on banks. Good short-term paper got up to 30%. Trade
and industry became severely depressed for lack of currency. The panic lasted
from Sept. 18 to Oct. 13, at which point with call money at 7% and commercial
paper at 1518%, the banks were able to operate. The depression in
business that followed lasted from 1873 to 1877 or 1878. This was the aftermath
of the prior boom and the panic that ended the boom.
Conquering the Spirit of Debt |
- John Pierpont Morgan created the Panic of 1907 where the stock
market fell nearly 50% from its peak in 1906, the economy was in recession, and
there were numerous runs on banks and trust companies. Complete ruin of the
national economy was averted when J.P. Morgan stepped in by organizing a team
of bank and trust executives who redirected money between banks, secured
further international lines of credit, and bought plummeting stocks of healthy
corporations. Morgan gained numerous holdings, as well as his bid to be the
Rothschild's number-one American agent. J.P. Morgan's real feat and service to
Rothschild in the Panic of 1907 was that he created a mood in America to
believe that a central bank would prevent such a panic from occurring again and
thus became receptive to a central bank.
- In 1910, Senate Republican leader and financial expert Nelson
Aldrich and executives representing the banks of J.P. Morgan, Rockefeller, and
Kuhn, Loeb, & Co., secluded themselves for 10 days at Jekyll Island,
Georgia where they wrote the primary features of the Federal Reserve Act. This
bill allowed a group of bankers to create, buy the shares, and own the Federal
Reserve System in 1913.
- The Federal Reserve creates inflation when it issues US
dollars backed by government debt . Since 1913, when the Federal Reserve was
created by Congress, your money has lost 96% of its purchasing power due to
inflation.
- The Federal Reserve definitely caused the Great Depression by
contracting the amount of money in circulation by one third from 1929 to 1933.
- Milton Friedman
- 2007 subprime mortgage financial crisis
The crisis
began with the bursting of the housing bubble in the U.S. and high default
rates on "subprime", adjustable rate, "Alt-A", and other mortgage loans made to
higher-risk borrowers with lower income or lesser credit history than "prime"
borrowers. The Federal Reserves artificially low interest rates created
the loose, easy credit that ignited a voracious appetite in the banks for
borrowers enabling corrupt financial organizations to offer bogus loan
incentives including "interest only" repayment terms and low initial teaser
rates (which later reset to higher, floating rates) encouraging borrowers to
assume mortgages falsely believing they would be able to refinance at more
favorable terms later. As a result, nearly 1.3 million U.S. homes were
foreclosed and $200-300 billion worth of American assets were transferred to
the international banking cartel.
- On July 11, 2008, IndyMac Bank, the largest mortgage lender
in the US collapsed.
- Nationalizing Insolvent Banks
Because of the collapse
of the Housing Credit bubble created by the Federal Reserve, combined with
bad bets in the derivitives markets, many commercial banks
and other financial entities found themselves unable to meet their financial
obligations in a gigantic
Ponzi/Pyramid Scheme. Federal Reserve Chairman Ben Bernanke
and Treasury Secretary Henry Paulson stepped in to protect their cronies at
Bear Stearns. Congress then passed a housing bailout bill allowing the
government to temporarily increase its lending and buy the
stock of Freddie Mac and Fannie Mae piling billions of dollars of debt on
the already bloated national debt.
- During the weekend of September 1314, Lehman Brothers
declared bankruptcy after failing to find a buyer, Bank of America agreed to
purchase Merrill Lynch, the insurance company AIG sought a bridge loan from the
Federal Reserve, and a consortium of 10 banks created an emergency fund of at
least $70 billion to deal with the effects of Lehman's closure, similar to the
consortium put forth by J.P. Morgan during the stock market panic of 1907 and
the crash of 1929.
- Ironically, on the eve of Constitution Day in America,
Sept. 16, 2008, the Federal Reserve backed by the U.S. Treasury Department
announced one of the most dramatic Socialist takeovers since the Great
Depression in it's unconstitutional seizure of an 80% stake in American
International Group (AIG), the worlds largest insurance company and the
18th-largest company in the world. In that one action alone $85 Billion was
layered onto an already out of control national debt that had doubled within
the span of a week, with the U.S. taxpayer holding the bag.
The truth is that once you choose security over freedom... you
will have neither.
"We have in this country one of the most corrupt institutions
the world has ever known. I refer to the Federal Reserve Board and the
Federal Reserve Banks, hereinafter called
the FED. They are not government institutions. They are private monopolies
which prey upon the people of these United States for the benefit of themselves
and their foreign customers." - Congressman Louis McFadden
One World Currency
The forces today that unite the greed of the moneychangers with
the power play of elitists that see an opportunity to grab more of America are
taking us down a road that lovers of freedom will not like. We can expect a
continued
destruction of our economy including, recession and
inflation that will wipe out the remaining value of our dollar. Most likely we
will see the amero replace the dollar, along with the North
American Federation and the Super Highway.
Sadly, it seems, there is
little we can do about it. The few who understand the system, will either be so
interested from it's profits or so dependant on it's favors, that there will be
no opposition from them. Our elected officials seem to not only be doing
nothing, but many actually support and defend the fraud. At the same time, most
Americans are living in an illusion and are either too busy or not
motivated enough to do anything. In the end, what we will get is what those in
power want us to get.
If, as it appears, the experiment that was called
America is at an end ... then perhaps a fitting epitaph would be
... here lies America the greatest nation that might have been had it not
been for the Edomite bankers who first stole their money, used their stolen
money to buy their politicians and press and lastly deprived them of their
constitutional freedom by the most evil device yet created --- The Federal
Reserve Banking System - G.D. McDaniel
Written by Vic Bilson
Jeremiah Project
Following the The Money Trail
© Copyright 1999-2008 Jeremiah Project
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