National Monetary Commission
The National Monetary Commission was a study group created by the Aldrich Vreeland Act of 1908.
The Bill that signed into law the National Monetary Commission was signed in 1908 by the then President, Theodore Roosevelt.
This was signed due to the panic of 1907 that had resulted in public outcry demanding that the nation's monetary system to be stabilised.
Aldrich went to Europe for two years to study the continent's banking systems.
The Jekyll Island Meeting
On the evening of Novemeber 22, 1910, Senator Nelson Aldrich called a meeting with the nation's leading financiers of the banking establishment and members of the National Monetary Commission.
On a railroad platform in Hoboken, New Jersey, the delegation left in a sealed railroad car, owned by Aldrich. They were then taken by boat to Jekyll Island off the coast of Brunswich, Georgia.
Those attending the meeting at the private hunting lodge were said to be on a duck-hunting expedition.
Aldrich said he intended to keep the financiers isolated until they had developed a "scientific Currency for the United States" this led to a two year tour of Europe which cost in the region of £3000 of public money.
All members summoned to the secret meeting, were members of the Illuminati.
Jekyll Island was a hideaway resort for the rich purchased in 1888 by P.Morgan ,Henry Goodyear, Joseph Pulitzer, Edwin and George Gould, Cyrus McCormick, William Rockefeller (John D. Rockefeller's brother), William K. Vanderbilt, and George F. Baker (who founded Harvard Business School with a gift of $5 million)
Up until the time it was converted into a public resort, no uninvited foot ever stepped on its shores. It was said, that when all 100 members of the Jekyll Island Hunting Club sat down for dinner at the clubhouse, it represented a sixth of the world's wealth. St. Simons Island, a short distance away, to the north, was also owned by Illuminati interests.
The secret meeting included:
• Paul Warburg - (German representing Baron Alfred Rothschild's Kuhn, Loeb &
• Henry P Davidson (Senior partner of J.P Morgan Company)
• Charles D Norton (President of the Morgan First National Bank Of New York)
• AP Andrews (Assistant Secretary of the Treasury Dept)
• Frank Vanderlip (President of the National City Bank Of New York)
• Benjamin Strong (Representing J.P Morgan)
Those who attended the meeting were sworn to secrecy and addressed each other by code names. The use of last names was prohibited and the group later referred to themselves as "The First Name Club"
The details of the secret meeting are sketchy at best. Aldrich took the members on the two year trip to Europe to discuss monetary policy and the banking system, an event which some say was the impetus for the creation of the Federal Reserve established in 1913.
The Federal Reserve System is the name given to the twelve central banks regulating America's banking industry and it insures that depositors will not lose their money in the event of funds mismanagement from an accredited bank.
The purpose and actual outcome of this 'Duck Hunt' meeting was to create the blueprint for the Federal Reserve System.
Forbes magazine founder Bertie Charles Forbes wrote several years later:
"Picture a party of the nation’s greatest bankers stealing out of New York on a private railroad car under cover of darkness, stealthily riding hundred of miles South, embarking on a mysterious launch, sneaking onto an island deserted by all but a few servants, living there a full week under such rigid secrecy that the names of not one of them was once mentioned, lest the servants learn the identity and disclose to the world this strangest, most secret expedition in the history of American finance. I am not romancing; I am giving to the world, for the first time, the real story of how the famous Aldrich currency report, the foundation of our new currency system, was written... The utmost secrecy was enjoined upon all. The public must not glean a hint of what was to be done. Senator Aldrich notified each one to go quietly into a private car of which the railroad had received orders to draw up on an unfrequented platform. Off the party set. New York’s ubiquitous reporters had been foiled... Nelson (Aldrich) had confided to Henry, Frank, Paul and Piatt that he was to keep them locked up at Jekyll Island, out of the rest of the world, until they had evolved and compiled a scientific currency system for the United States, the real birth of the present Federal Reserve System, the plan done on Jekyll Island in the conference with Paul, Frank and Henry... Warburg is the link that binds the Aldrich system and the present system together. He more than any one man has made the system possible as a working reality."
Jekyll Island was to ensure ultimately that a central bank would be established which would give the bankers complete control of finances in the United States.
The Return To New York
The Participants returned to New York and emerged with the groundwork for a central banking system. To direct a nationwide propaganda campaign in favour of the Aldrich Plan
There we not one , but two versions, the latter of which was drafted after a second meeting was held in New York.
The final draft was written by Frank Vanderlip, from Warburg's notes (Warburg was stated as being the one who did most of the drafting of the Aldrich Plan) and was formed into the Aldrich Bill in the form of a completed Monetary Commission report. Aldrich avoided the term 'Central Bank' by railroading the report through Congress.
The rallying points were Harvard, Princeton and the University of Chicago, national banks had to contribute to a five million dollar fund in order to persuade the public that this Central Bank plan should be signed into law by Congress.
One of the spokesmen enlisted for the Aldrich Plan was Woodrow Wilson, Governer of New Jersey, and former president of Princeton University.
The plan was shrouded in secrecy so that the authors name would not be made known.
Warburg insisted that the term 'Central Bank' Be avoided and decided upon the term 'Federal Reserve System' this was to deceive the public into believing it wasn't a central bank. The bank was to be controlled by Congress, and the members were to be selected by the private banks by individuals who would profit from the shares.
Why The Opposition To A Central Bank?
The Panic of 1907, also known as the 1907 Bankers' Panic, was a financial crisis in the United States. 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. Its primary cause was a retraction of loans by some banks that began in New York and soon spread across the nation, leading to the closings of banks and businesses.
To bring relief to the situation, United States Secretary of the Treasury George B. Cortelyou earmarked $35 million of Federal money to quell the storm. It appeared on the outside that complete ruin of the national economy was averted when J.P. Morgan stepped in to meet the crisis.
Some say Morgan created the national money panic, this however cannot be proved.
Morgan then organised a team of bank and trust executives. The team redirected money between banks, secured further international lines of credit, and bought plummeting stocks of healthy corporations. Within a few weeks the panic passed, with only minimal effects on the country.
The 1907 panic was the fourth panic in 34 years. The panics of 1873, 1893 and 1907 are said to have been the result of the international bankers’ operations in London.
The American public knew of the destruction to the economy the European central banks had caused to their respective countries and they saw the large scale government deficit spending and debt creation that occured in Europe and demanded in 1908 that Congress enact legislation to prevent the recurrence of artificially induced money panics.
It is interesting to note that Shortly after the United States gained it's independence the Rothschild's ( through their agent Nicolas Biddie) had attempted to control the nation with a central bank, this Bank Of the United States was abolished by President Andrew Jackson who said;
"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'
In other words...
"You are a den of vipers. I intend to wipe you out, and by the Eternal God I will rout you out...If people only understood the rank injustice of the money and banking system, there would be a revolution by morning."
The group delegated to Jekyll Island knew it had a battle to get Congressional support to pass the "Aldrich Plan" and so devised deceptive ways upon which to get it signed by deceiving the American public and disguising it to get it through Congress.
By February 1908, confidence in the economy was restored or so it appears.
The Federal Reserve
Six years after the Depression of 1907, the Federal Reserve came into existence built upon the Aldrich Plan
In Nathaniel Wright Stephensons biography of Aldrich, he writes;
"How was the Reserve Bank to be controlled? It must be controlled by Congress. The government was to be represented in the board of directors, it was to have full knowledge of all the Bank’s affairs, but a majority"
The Federal Reserve system was to be controlled by congress but the majority of the directors were chosen by banks of the association.
So it would appear that the 'Federal Reserve Board Of Governors" would be appointed by the President of the United States, but in reality the real work of the board would be controlled by the directors of the twelve Federal Reserve Banks and would remain unknown to the public.
A History .....The London Connection
The Government of King William III was in desperate need of money
A man named William Patterson on learning this, put together a group of wealthy men whom he made himself leader of.
Patterson and his group offered to lend the King 1,200,000 sterling which would amount to $6 million dollars at 8% interest per annum on the condition that the King grant two things;
• The King to grant Patterson and his associates a charter which would name
them "The Bank Of England"
• The Bank to have sole and exclusive rights to issue notes to the fullest extent of it's capital
The people were having a problem with their gold and silver coins the solution the bankers came up with is described in Carroll Quigley's book "Tragedy and Hope"
..for generations men had sought to avoid the one drawback of gold, its heaviness, by using pieces of paper to represent specific pieces of gold. Today we call such pieces of paper "gold certificates." Such a certificate entitled its bearer to exchange it for pieces of gold on demand, but in view of convenience of paper, only a small fraction of certificate holders ever did make such demands.
It early became clear that gold need be held on hand only to the amount needed to cover the fraction of certificates likely to be presented for payment; accordingly the rest of the gold could be used for business purposes, or, what amounts to the same thing.
A volume of certificates could be issued greater than the volume of gold reserved for payment....Such an excess volume of paper claims against reserves we now call bank notes. In effect, this creation of paper claims greater than the reserves available means that bankers were creating money out of nothing...
The King granted "The Bank Of England" the legal right to print all the money that would be used in commerce by the people and the government. The Bank Of England became the sole money source of any currency that was used in English commerce by either the people or the government. If anymore money was needed they simply printed it , by 1698 the British Government owed 16 X 10 to the 6 power pounds sterling to the Bank of England.
A wealthy goldsmith and coin dealer Mayer Amschel Bauer summoned 12 wealthy and influential men to his place of business in Frankfurt, Germany. The sole purpose of this meeting was to impress upon these men that if they pooled their resources it was possible to gain control of the wealth and manpower of the entire world. He outlined a 15 point plan on how it was to be accomplished.
The plan was put into operation and evidence exists that Bauer aligned himself with Adam Weishaupt, founder of the illuminati.
Mayer Becomes Rothschild
The house of the Rothchilds don't just worship money as their god, they also place satan at the head of their table.
The Rothschilds have been satanists for years and are an important part of history of the Seal Of Solomon, eg: the star of David, known also as the Hexagram.
The star of David was not considered a jewish symbol until after the Rothchilds had been using it , The seal had been used by Arab Magicians, Cabalist Magicians , Druid Witches and Satanists throughout the middle ages.
The Rothschilds used this powerful symbol in 1822 for their coat of arms .
The name they adopted for their family actually comes from the fact that in the 17th century Mayer Amschel Bauer began hanging out a red hexagram in front of their house to identify it. Mayer Amschel then decided to take the name red-schield (Rothschild in German) after the red Seal of Solomon that they used.
The Rothschilds believe that money makes the world go round, and if you have enough of it you can do anything, they believed and still believe money is god, so it is worshipped and served.
A bankers son by the name of Heinrich Heine once said ""Money is the god of our time, and Rothschild is his prophet"
Following the cue of the Rothschilds, Heine, a jew, signed his name drawing a Seal Of Solomon
The Rothschilds formed no true friendships or alliances. Their associates were but mere acquaintances who were used to further the interests of the House of Rothschild, and then thrown on the garbage heap of history when they had served their purpose or outlived their usefulness.
The Rothchilds had their spouses chosen for them in order to gain influence in the world, believing that alliances would benefit the house of Rothschild. They have generally married cousins for the past two centuries.
Five Sons, Five Arrows, Five Directions
Meyer Rothschild had five sons, Amschel, Salomon, Nathan, Karl and Jakob. Meyer spent the rest of his life instructing them all in the secret techniques of money creation and manipulation. As they came of age, he sent them to the major capitals of Europe to open branch offices of the family banking business.
Son #1 - Amschel - Remained in Frankfurt and propelled Germany to
financial success under Bismarck.
Son #2 - Salomon - Went to Vienna, Austria. he became a leader in the
Son #3 - Nathan Mayer - Went to England where he took control of the Bank of England.
Son #4 - Carl - Went to Naples where he became the most powerful man in Italy through his banking skills.
Son #5 - James Jacob - Went to Paris where he established the central bank. He was credited with dominating the financial destiny of the nation of France.
Nathan Mayer, (Rothschild), set up the London branch and established the banking interest, N.M. Rothschild and Sons, which also had branches in Paris, Vienna, Berlin and Naples.
Control passed through Nathan's son Lionel to Nathan Mayer Rothschild who became Governor of the Bank of England, was awarded a peerage in 1885 and was a member of the Round Table. At this time (1886-87) Randolph Churchill (Winston's father) was Chancellor of the Exchequer, funded by the Rothschilds and a close friend of Nathaniel Rothschild.
An anonymous contemporary described Nathan Rothschild as he leaned against the "Rothschild Piller" at the London Stock Exchange, hung his heavy hands into his pockets, and began to release silent, motionless, implacable cunning:
"Eyes are usually called the windows of the soul. But in Rothschild's case you would conclude that the windows are false ones, or that there was no soul to look out of them. There comes not one pencil of light from the interior, neither is there one gleam of that which comes from without reflected in any direction. The whole puts you in mind of an empty skin, and you wonder why it stands upright without at least something in it. By and by another figure comes up to it. It then steps two paces aside, and the most inquisitive glance that you ever saw, and a glance more inquisitive than you would ever have thought of, is drawn out of the fixed and leaden eye, as if one were drawing a sword from a scabbard. The visiting figure, which has the appearance of coming by accident and not by design, stops just a second or two, in the course of which looks are exchanged which, though you cannot translate, you feel must be of most important meaning. After these the eyes are sheathed up again, and the figure resumes its stony posture.
During the morning numbers of visitors come, all of whom meet with a similar reception and vanish in a similar manner. Last of all the figure itself vanishes, leaving you utterly at a loss." (Frederic Morton, The Rothschilds, p. 65)
Meyer Amschel Rothschild died on September 19, 1812. His will spelled out specific guidelines that were to be maintained by his descendants:
1) All important posts were to be held by only family members, and only male members were to be involved on the business end. The oldest son of the oldest son was to be the head of the family, unless otherwise agreed upon by the rest of the family, as was the case in 1812, when Nathan was appointed as the patriarch.
2) The family was to intermarry with their own first and second cousins, so their fortune could be kept in the family, and to maintain the appearance of a united financial empire. For example, his son James (Jacob) Mayer married the daughter of another son, Salomon Mayer. This rule became less important in later generations as they refocused family goals and married into other fortunes.
3) Rothschild ordered that there was never to be "any public inventory made by the courts, or otherwise, of my estate...Also I forbid any legal action and any publication of the value of the inheritance."
Nathan Mayer Rothschild, who, by 1820, had established a firm grip on the Bank of England stated:
"I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man who controls Britain's money supply controls the British Empire, and I control the British money supply."
Download the Rothschild Banking Chart Here
Bracken House - Financial Building - London
The Rothschild Plan For World Dominance
The Americans had won their Independence on the 4th July 1776 however their financial independence was in jeopardy.
The international bankers had an agent in place and his name was Alexander Hamilton who wanted a central bank. To which Thomas Jefferson lobbied vehemently stating it was contrary to the Constitution.
However, a central bank was formed in 1781 known as the Bank of North America which was patterned after the Bank of England. The colonists wanted nothing to do with it so it folded in 1790.
The international bankers countered the closing of the Bank of North America by gaining a charter for the Bank of the United States which was chartered on February 25, 1791. The Bank of France also desired the formation of the US Bank.
• By 1810, The House of Rothschild not only had a substantial stake in the Bank of the United States, they were quietly gaining control of the Bank of England. Although foreign owners were not, by law, allowed a say in the day to day operations of the Bank of the United States, there is little doubt that the American share holders and directors were, if not affiliated, complicit in the aims and goals of the Illuminati and their central bankers.
• In 1811 after 20 years, the charter for the First Bank of America was not renewed
As a result, the House of Rothschild lost millions. This enraged Nathan Rothschild so much that he, almost single handedly fomented the War of 1812.
Using his formidable power and influence, he coerced the British Parliament to attempt to retake the Colonies. The first military attempt failed.
• By the 1820's and early 1830's the Rothschild family through their agent Nicolas Biddie, fought to defeat Andrew Jackson's move to curtail the international bankers as we saw earlier.
The Rothchilds lost the first round in 1832, and President Jackson Vetoed the move to renew the charter of the 'Bank Of The United States' Which is in effect a Central Bank controlled by a set of privately owned international bankers.
• In 1836, the charter expired but that was not the end of the international banking influence in the United States.
• By 1850, the House of Rothschild represented more wealth than all the families of Europe. Shortly after he formed the Bank of England, William Patterson lost control of it to Nathan Rothschild.
• Nathan Rothschild was an observer on the day the Duke of Wellington defeated Napoleon at Waterloo, Belgium. He knew that with this information he could make a fortune. He later paid a sailor a big fee to take him across the English Channel in bad weather.
One branch of the Rothschild family had financed Napoleon; another branch of the Rothschilds financed Britain, Germany, and the other nations in the Napoleonic wars.
The news of Napoleon's (Napoleon was said to be a Freemason and part of the illuminati) defeat would take a while to hit England. When Nathan arrived in London, he began selling securities and bonds in a panic. The other investors were deceived into believing that Napoleon won the war and was eyeing England so they began to sell their securities too.
What they were unaware of is that Rothschild's agents were buying all the securities that were being sold in panic. In one day, the Rothschild fortune grew by one million pounds. They literally bought control of England for a few cents on the dollar.
The same way the Rockefeller's went into Japan after World War 2 and bought everything 10 cents on the dollar. SONY - Standard Oil New York, a Rockefeller Company.
Rothschild's second military mission was to divide and conquer. Any serious historian will find that the Civil War of 1861 was largely stirred up by Rothschild's illuminati agents in the United States.
In the years following independence , a close business relationship had developed between the cotton growing aristocracy in the South and the cotton manufacturers in England.
The European bankers decided that this business connection was Americas Achilles Heel, the door through which the young American Republic could be successfully attacked and overcome.
The Civil War
The southern states were swarming with British agents, who conspired with local politicians to work against the best interests of America. Their propaganda grew into open rebellion and resulted in the secession of South Carolina on December 1860, Within weeks another six states joined the conspiracy against the Union and broke away to form the Confederate States of America, with Jefferson Davis as President.
The conspirators raided armies, seized forts, mints and other Union property. President Buchanan's Cabinet also conspired to destroy the Union by damaging the public credit and working to bankrupt the nation.
The Civil War was planned in England as far back as 1809. Slavery was not the real cause of the Civil War. The Rothschilds (who were heavy into the slave trade) used the slavery issue as "a divide and conquer strategy" which almost split the United States in two.
Naturally, the Rothschilds financed that operation and every war since then; be- ginning with the French Revolution.
The Bank of England financed the North while the Paris branch of the Rothschild bank funded the South. In 1862, the National Banking Act was passed despite protest by President Lincoln (who became inaugurated on March 4, 1861). This act allowed a private corporation the authority to issue the peoples money.
Angered at the bankers Acts of February 25th and March 4th, 1862, Abraham Lincoln persuaded Congress to authorise the U.S. Treasury to issue $450 million dollars in United States Notes (currency) to finance the Civil War.
These issues of currency were full legal tender and debt-free and interest-free. Because of the green ink used on the back of these bills, they were called greenbacks. Lincoln not only freed Black Americans from human slavery, he temporarily freed all Americans from monetary slavery!
After the Congress passed this powerful law, Lincoln said this:
"We have given the People of this Republic the greatest blessing they have ever had, their own currency to pay their own debts".
A debt-free currency was a blessing for Americans and the kiss of death for the world bankers. The bankers fought back furiously with incredible amounts of money!
It is a fallacy to think, as many do, that the greenbacks were inflationary.
This was propaganda, again used by the money powers to erroneously convince the people a national currency was destructive. Following is a summary of their tactics
Within four days of the issuance of the greenbacks, outraged bankers met to propose a scheme to lobby Congress to strip the Greenbacks of their full legal tender status. They succeeded by influencing Congress to add an Exception Clause to the law.
This clause required that duties on imports and interest on the public debt (owed to the bankers) could be paid only in gold. The bank then added a 185% surcharge on the price of gold purchased with Greenbacks! This meant importers had to exchange $285 dollars in greenbacks for $100 dollars worth of gold! This exchange, in itself, made the People think that Greenbacks must be inflationary. Of course, the importers then had to take this 185% increase and add it to the cost of their goods.
This resulted in dramatic price increases causing People to falsely believe the Greenbacks were inflationary. It was the bankers and their outrageous surcharges on Greenbacks that created the price increases. NOT THE GREENBACKS!
The Lincoln Assasination
John Wilkes Booth, who assassinated Lincoln, was a member of the Knights of the Golden Circle which was controlled by the bankers. Otto von Bismar, the Chancellor of Germany, made the following comments about the death of Lincoln.
"The death of Lincoln was a disaster for Christendom. There was no man in the United States great enough to wear his boots and the bankers went anew to grab the riches. I fear that foreign bankers with their craftiness and tortuous tricks will entirely control the exuberant riches of America and use it systematically to corrupt modern civilization."
After Lincolns debt free Greenbacks were sufficiently and falsely discredited by inflation creating shenanigans of the bankers, the Greenback Act was revoked and replaced by the National Banking Act of 1863.
Americans, once again, became the servants of the monetary powers! The National Banking Act of 1863 was passed after Salmon P. Chase, Secretary of the Treasury, and the Congress succumbed to the pressure of the bankers.
The National Banking Act Of 1863
This banker supported Act authorized the Secretary of the Treasury to sell bonds and use the proceeds to retire all United States currency, including the Greenbacks.
At a time when the money supply should have been increased to reconstruct the United States after the civil War, the money powers, instead, contracted it over the next ten years, as more and more money was destroyed and not replaced.
Bankruptcies and business losses soared! this was because when money is scarce, banks loan fewer and fewer businesses the money they need to stimulate the economy. Then the businesses lay off workers, who lose their homes because they cant make their mortgage payments.
The bankers then make a clean sweep with property foreclosures, picking up businesses and citizens property for pennies on the dollar. They have created credits out of thin air and converted them into real property! This is exactly what is happening today, on an even more disastrous scale.
Now the bank goes bankrupt, the FDIC (a federal government agency) seizes the bank. Then when the federal government can no longer make its interest payments, the privately owned Federal Reserve Bank and International Monetary Fund will seize the assets of the federal government.
Businesses and private homes ultimately end up in the hands of the International Government..... no private ownership, no free enterprise... instant socialism without a shot fired! Like others who sold out their Country to the bankers before him, Secretary of Treasury, Chase, had a stab of conscience before dying stating: Promoting the National Bank Act, through my agency, was the greatest financial mistake of my life! It has built up a monopoly which effects every interest in the country. It should be repealed.
Without a doubt, if America is to be saved, the Federal Reserve Act must also be repealed! It is more corrupt and detrimental to America than any Banking Act in history! How have the monetary powers managed to buffalo the Congress and the People for so long?
A Beast System Arises
The international bankers main agents in the United States were Kuhn, Loeb and Co. and J.P Morgan Co.
The firm of Kuhn, Loeb and Co., was founded by Jacob Schiff whose father was one of the Rothschild brokers. One of Jacob Schiff's associates, Otto Kahn, was associated with the Speyers, (who came to power in England during the reign of Edward VII). Another associate, Felix Warburg, married into Jacob Schiff's family and became some of the most influential members of America's diplomatic representatives.
Early in 1907, Jacob Schiff, the Rothschild-owned boss of Kuhn, Loeb and Co. in a speech to the New York Chamber of Commerce, warned that "Unless we have a Central Bank with adequate control of credit resources, this country is going to undergo the most sever and far reaching money panic in it's history"
Shortly after this speech was given the United States plunged into the Monetary Panic of 1907. The ensuing panic financially mined tens of thousands of innocent people across the country and made billions for the banking elite.
The international bankers had tried once before and failed to create a Central Bank and in order to gain the American People's support they created a monetary depression, a crisis. Much like Bush did with 9/11 to gain the American Peoples support for "War On Iraq" and much like the Rothchilds plan for Civil War in 1861 that we saw previously.
The International Bankers (J.P Morgan, Rothschild) DID create the national money panic of 1907. This gave Paul Warburg (an agent and partner in Rothschilds Kuhn, Loeb Co) the perfect opportunity to swoop in and propose the new Aldrich Bill which would finally become the criminal Federal Reserve System.
Congressman Charles Lindbergh stated just after the Federal Reserve act was passed by a depleted Congress on December 29, 1913. "The Act establishes the most gigantic trust on earth. When the President (Wilson) signs this Bill, the invisible Government of the monetary power will be legalised... The greatest crime of the ages is perpetrated by this banking and currency bill."
The Rothschilds are allegedly behind the Morgan Empire which derives from the London based George Peabody and Co which became J.S. Morgan and Co in 1864 on the death of Peabody (a Rothschild agent). Control passed to J.S. Morgan's son, John Pierpont Morgan, and the company acquired its present name of J.P. Morgan.
The Morgan Empire now includes General Electric and all its subsidiaries, Morgan Guaranty Trust, National Bank of Commerce etc..
The House of Rothschild also has strong connections with the Warburg banking family which includes Paul and Felix, who were instrumental in the setting up of the US Federal Reserve System, and their brother Max who ran the German interests.
Another Interesting Fact
Senator Nelson Aldrich who in 1908 spearheaded The National Monetary Commission was the maternal grandfather of Nelson Aldrich Rockefeller through the marriage of his daughter, Abby Greene Aldrich to John D. Rockefeller Jr.
The Rockefeller Empire
The Rockefeller Empire is based on oil, largely the Standard Oil company set up by John D. Rockefeller in 1853. (Part of this is now more familiar as Exxon and Esso.) Its influence on the political arena has been fairly open and obvious.
At the turn of the 20th century, The Rothschilds not satisfied with the progress being made by their American Operations, sent one of their top experts, Paul Warburg over to New York to take direct charge of their assault upon the United States, which resulted in the Federal Reserve.
The Rockefeller influence also remains preeminent in the monetary field. The Rockefellers have kept America within the sphere of the London Connection. During the Carter Administration, David Rockefeller generously sent his personal assistant, Paul Volcker, to Washington to head the Federal Reserve Board. Reagan finally replaced him in 1987 with Alan Greenspan, a partner of J.P. Morgan.
Kuhn, Loeb and Co history appeared in Newsweek magazine on Feb 1, 1936;
"Abraham Kuhn and Solomon Loeb were general merchandise merchants in Lafayette, Indiana, in 1850.They soon found out that they were bankers. In 1867, they established Kuhn, Loeb and Co. bankers in New York City and took in a young German immigrant, Jacob Schiff as partner. Young Schiff had important financial connections in Europe. After ten years, Jacob Schiff was head of Kuhn, Loeb and Co., Kuhn having retired. Under Schiff's guidance , the house brought European capital into contact with American Industry"
Within twenty years Kuhn Loeb (whose new partner, had important financial connections in Europe (i.e. Rothschilds and M.M. Warburg,) had provided the capital for John D. Rockefeller to expand Standard Oil and also financed the activities of Edward Harriman (Railroads) and Andrew Carnegie (Steel).
J.D. Rockefeller III set up the Population Council in 1952 which, ever since, has been advocating zero population growth in the US. In 1972 this sentiment was echoed by Lawrence Rockefeller (CFR, Bil, TC) who was appointed by Nixon to lead a commission into population growth.
When Ford became president as a result of Nixon's resignation in the aftermath of Watergate, Nelson Aldrich Rockefeller became vice-president (1974-77). A member of the CFR, he had formerly been part of the US delegation at the creation of the UN.
A key family member is David Rockefeller who is head of the Chase Manhattan Bank, was chairman of the CFR (1946-53), is an omnipresent Bilderberger and creator of the Trilateral Commission.
The Rockefellers donated money for the construction of the League of Nations headquarters in Geneva and donated the land in New York on which the UN headquarters are built.
The companies in which the Rockefellers have a controlling interest include Chase Manhattan Bank, Standard Oil (Esso/Exxon), National City Bank, Hannover National Bank, United States Trust Company, Equitable Life and Mutual of New York.
The Illuminati Pattern Emerges
To Understand the Illuminati's agenda and core belief system read my article on The Mysteries and Freemasonry
You will begin to see patterns and connections emerge that are Occult based.
CFR - Council On Foreign Relations
In 1921 the stockholders of the Federal Reserve financed an organization called the "Council on Foreign Relations" (CFR). Harpers magazine called this the most powerful organization in the United States. Ninety percent of the people in the State Department and key positions in the Executive Branch are members of the CFR.
The CIA has been under CFR control almost continuously since its creation, starting with Allen Dulles, founding member of the CFR and brother of Secretary of State under President Eisenhower, John Foster Dulles. Allen Dulles had been at the Paris Peace Conference, joined the CFR in 1926, and later became its president.
Rockefeller also controls the Council on Foreign Relations (CFR), the sole purpose of which is to aid in stimulating greater interest in foreign affairs and in a one world government. Nearly every major newscaster belongs to the Council on Foreign Relations.
The Council on Foreign Relations controls many major newspapers and magazines. Additionally, major corporations owned by the Federal Reserve shareholders are the source of huge advertising revenues which surely would influence the media.
The members of this secret society are exclusively Americans and. Today the CFR holds a tight control over the countries of the Western World, with help from Canadians sister-organisations and its mother-organization in Britain, the Royal Institute of International Affairs« (RIIA) with Queen Elisabeth II at the top.
The CFR is one of the most powerful semi-official groups concerned with America's role in interna- tional affairs. It is controlled by an elect group of men recruited from the Skull & Bones and the Scroll & Key societies of Harvard and Yale, which are The members of the Order make up the Executive Committee of the Council on Foreign Relations after undergoing initiation into the Order of the Quest, also known as the JASON Society.
President Bush is a member of the Skull & Bones society.
Myron C Fagan States;
"The hierarchy, officers, and directors of the "CFR" is composed principally of descendants of the original Illuminati; many of whom had abandoned their old family name and acquired new Americanized names. For one example; we have Dillon, who was Secretary of Treasury of the United States, whose original name was Laposky.
Another example is Pauley, head of the CBS TV channel, whose true name is Palinsky. The membership of the CFR is approximately 1,000 in number and contains the heads of virtually every industrial empire in America such as Blough, president of the U.S. Steel Corporation; Rockefeller, king of the oil industry; Henry Ford, II, and so on. And of course; all the international bankers.
Also; the heads of the "tax-free" foundations are officers and/or active CFR members. In short; all the men who provided the money and the influence to elect the CFR chosen Presidents of the United States, the Congressmen, the Senators, and who decide the appointments of our various Secretaries of State, of the Treasury, of every important federal agency are members of the CFR and they are very obedient members indeed."
Jack Kennedy, during his term of office as the President of the United States, became a Christian. In his attempt to "repent," he tried to inform the people of this Nation (at least twice) that the Office of the President of the United States was being manipulated by the Illuminati/CFR.
At the same time, he put a stop to the "borrowing" of Federal Reserve Notes from the Federal Reserve Bank and began issuing United States Notes (which was interest-free) on the credit of the United States. It was the issuing of the United States Notes that caused Jack Kennedy to be "assassinated."
New World Order
The CFR is controlled by an elect group of men recruited from the Skull & Bones and the Scroll & Key societies of Harvard and Yale, which are both chapters of a secret branch of the Illuminati known as Chapter 322 of the Order.
The CFR wants to convert the U.S. from a sovereign, constitutional republic into a servile member state of a one world dictatorship.
For the New World Order to create a one world government, they must control a central bank, eliminate the Constitution, end Christian values, disarm America, and control the media.
The Council on Foreign Relations has openly said they will take America over in favour of a one world government. The American people must be warned or they may lose their freedom forever. If they do not demand their rights and uphold the Constitution, the CFR and bankers will continue their march toward socialism. If they allow them to continue, they will abolish your rights and put an end to the United States present government.
The Council on Foreign Relations is an off-shoot sister organization to the British Royal Institute of International Affairs
Although it existed as a dinner dub in New York, it did not take on its present power until 1921, when it merged with the Royal Institute of International Affairs and received its financial base from J.P. Morgan, the Carnegie Endowment, the Rockefeller family, and other Wall Street banking interests.
Cousins of the Rockefellers are the Dulles brothers who were appointed to the US State Department during World War I, participated in the Treaty of Versailles meetings, became part of the RIIA/CFR network and had connections throughout US, English and German banking. John Foster Dulles, very much in favour of a 'super race' and a prominent supporter of Hitler, became Secretary of State at the same time as his brother Allen was head of the CIA.
The Trilateral Commission
The Trilateral Commission is a Council on Foreign Relations front organization, established to influence American foreign policy, and facilitate Council on Foreign Relations expansion into Europe, Canada and Japan. The Council on Foreign Relations uses front organisations to protect it from connection to illegalities that could lead to a Congressional investigation.
Its founder and primary financier was David Rockefeller, longtime chairman of the Rockefeller family-controlled Chase Manhattan Bank and undisputed overlord of his family's global corporate empire.
The Trilateral Commission was established in 1972 not 1973 as the commission states. Rockefeller first introduced the idea of the commission at an annual meeting of the Bilderberg Group, held in Knokke, Belguim in the spring on 1972.
It is an elite group of some 300 very prominent business, political, and intellectual decision-makers of Western Europe, North America, and Japan. This enterprise is a private agency that works to build up political and economic cooperation among the three regions. Its grand design, which it no longer hides, is a New World Order.
They are all members of the Elite, coming from different branches of Freemasonry world-wide for to give the Bilderbergers a broader political basis. The 200 members are permanent and in this case different from the Bilderbergers, who are invited, except for the Steering Committee.
Although the initial arrangements for the commission were laid out in a series of meetings held at the Rockefeller's famous Pocantico Hills estate outside New York City, (The Bilderberg group is similar to the Trilateral Commission in that it is funded and heavily influenced by the Rockefeller empire, and composed of international financiers, industrialists, media magnates, union bosses, academics and political figures. (However, the much older Bilderberg group's membership is strictly limited to participants from the United States, Canada and Western Europe: i.e. the NATO alliance.)
"The Commission's purpose is to engineer an enduring partnership among the ruling classes of North America, Western Europe and Japan -- hence the term 'Trilateral' -- in order to safeguard the interests of Western capitalism in an explosive world. The private commission is attempting to mold public policy and construct a framework for international stability in the coming decades.
"To put it simply, Trilateralists are saying: The people, governments and economies of all nations must serve the needs of multinational banks and corporations.
"In short, Trilateralism is the current attempt by ruling elites to manage both dependence and democracy -- at home and abroad."
Another Trilateral critic, now-retired Sen. Barry Goldwater (R-Ariz.), views the commission as a Rockefeller family operation through and through. According to Goldwater:
"The Trilateral organisation created by David Rockefeller was a surrogate -- the members selected by Rockefeller, its purposes defined by Rockefeiler, its funding supplied by Rockefeller. David Rockefeller screened and selected every individual who was invited to participate."
The Bilderberg Group
One of the most powerful front groups of the Illuminati, which also works as a secret society in itself, is the Bilderberg group. This is a group, which was created in the beginning of the 50's by Prince Bernhard of the Netherlands (former SS-officer) and the Polish socialist Joseph Retinger, one of the founders of the European Movement.
These two people decided meetings on a regular basis for the European foreign-ministers. Their first meeting occurred in Hôtel Bilderberg in the Dutch Oosterbreck
between the 29-31 of May 1954, thus the name of the group.
The core of the group consists of an Elite of people, counted to 39, called the Steering Committee. They are not elected and was originally led by Prince Bernhard, a close friend to the British Crown.
Since 1954, meetings have been arranged at least once a year on different locations every time – very secret.
The members are around 120 persons from the high finance circles of Western Europe, the USA and Canada. Although the meetings are very hidden and nothing leaks to the international media (which is natural, as most of the Media Moguls are Bilderbergers. So much for free press), the independent news-magazine »Spotlight« has been able to report from the meetings somehow.
The members of the Bilderberg Group are the most powerful financiers, industrialists, statesmen and intellectuals, who get together each year for a private conference on world affairs.
The meetings provide an informal, off-the-record opportunity for international leaders to mingle, and are notorious for the cloak of secrecy they are held under. The headquarters office is in The Hague in Switzerland, the only European country never invaded or bombed during World Wars I and II. Switzerland is the seat of world power.
The goal of the Bilderberg Group is a one-world totalitarian socialist government and economic system. Take heed, as time is running short.
The Bilderberg Group has core of 39 members who are broken into 3 groups of 13 members in each group.Notice that the core of 39 answers to the 13 who make up the Policy Committee.
Take special notice that the 13 members of the Policy Committee answer to the Round Table of Nine.
You know that the original number of states in the United States of America was 13.
The Constitution has 7 articles and was signed by 39 members of the Constitutional Convention.
The numbers 3,7,9,11,13,39 and any multiple of these numbers have special meaning to the Illuminati
JFK, Jr., was killed and committed to the waters of the Atlantic close to the intersection of the N. 41 parallel and W. 71 meridian; summing up, 4 + 1 + 7 + 1 = 13, the most Masonically correct number. This intersection, southwest of Martha's Vineyard, is also close to the small island called No Mans Land. »No Mans« is a Baconian cypher for »Mason« i.e. Mason Land.
The European Economic Community (EEC) was largely the brain-child of Jean Monnet and Joseph Retinger (a founder of the Bilderberg group). It was funded by loans devised by Monnet and the CFR and was formally created in 1957 by the Treaty of Rome, drafted by Monnet and the CFR. If any country showed a reluctance to join, the US pro-Europe position was made very clear to the 'offending' country.
The EEC has since become the European Community and now the European Union. Monetary union has been confirmed by the Maastricht treaty and the situation moves ever closer to a Federal Europe.
THE COMMITTEE OF 300
This is a very old secret society, founded in 1729 by the Black Nobility through
the British East India Company to deal with international banking and trade
problems and to support the opium trade. It is run by the British Crown.
It comprises the whole world banking system and the most important
representatives of Western nations. Through the Committee of 300 all banks
are linked to Rothschild. The Committee is of course a part of the Illuminati.
Who are the conspirators who serve the mighty all-powerful Committee of 300?
The better-informed of our citizens are aware that there is a conspiracy and that the conspiracy goes under various names such as the Illuminati, Freemasonry, the Round Table, the Milner Group.
To them the CFR and the Trilaterals represent most of what they do not like in regard to domestic and foreign policy.
Some even know that the Round Table has a big input into United States affairs through the British ambassador in Washington.
The Club of Rome is still one of the most important foreign policy arms of the Committee of 300—the other being the Bilderbergers. It was put together in 1968 from hard-core members of the original Morgenthau group on the basis of a telephone call made by the late Aurellio Peccei for a new and urgent drive to speed up the plans of the One World Government—now called the New World Order
Secret Societies are really one society with one purpose. You may call them whatever you wish--
• The Order of the Quest.
• The JASON Society.
• The Roshaniya.
• The Qabbalah,
• The Knights Templar.
• The Knights of Malta,
• The Knights of Columbus,
• The Jesuits,
• The Masons,
• The Ancient and Mystical Order of Rosae Crucis,
• The Illuminati,
• The Nazi Party,
• The Communist Party,
• The Executive Members of the Council on Foreign Relations,
• The Group,
• The Brotherhood of the Dragon,
• The Rosicrucians,
• The Royal Institute of International Affairs,
• The Trilateral Commission,
• The Bilderberg Group,
• The Open Friendly Secret Society (the Vatican),
• The Russell Trust,
• The Skull & Bones,
• The Committee Of 300
• The Scroll & Key,
• The Order
They are all the same and all work toward the same ultimate goal...... a One World Order.
Download the Rothschild Banking Chart Here
• The Knights Templar / The Great White Brotherhood / The Rosicrucians /
Freemasonry / The Golden Dawn / Knights Of Malta / The Theosophists
• OTO / AMORC /
• The Church Of God / State Of Israel / Royal Families Of Britain & Holland /
Denmark Spain & Sweden / House Of Windsor /
• The Moonies / Odd Fellows / The Orange Order / Legion d'Honneur /
• The Temple Of The Order Of Bahomet
• Ku Klux Klan
• Microsoft / IBM / ITT
• Harvard University / Woodrow Wilson School / Yale University
• London School Of Economics / Stockholm Economic Club
• World Oil Companies / Rockefeller Foundation / The Round Table / Oil Cartel
• Federal Reserve / Council On Foreign Relations (CFR) / Trilateral Commission /
Bilderberg Group / Committee of 300 / The Aquarian Conspiracy
• Chase Manhattan Bank / Swiss Bank Corporation / World Bank / Bank Of
International Settlement / SE- banken (Sweden)
• Tax Reduced Foundations / International Monetary Fund
• Washington Post / The Sun / New York Times / Reuters / CNN / CBS / ABC /
BBC / NBC / London Times / LA Times /
• European Union / United Nations / UN Security Council /
• NATO / NAFTA
• World Health Organisation / Secret Science / American Medical Association /
Sandoz (LSD Producers) / Psychiatry /
• Club Of Rome / Vatican / Religions
• FBI / CIA / MI6 / MI5 / Mossad / Interpol / The Mafia & Other Intelligence /
De Programmers / Cults /
• Tavistock Institute / Stanford Institute
• Rand Corporation
• Royal Institute Of International Affairs (RIIA)
• Weapons Trade / Terrorism/ US Military /
• GATT / World Trade Organisation
• Carnegie Group
• Wallenberg Industries
• Scandinavian Club
• Volvo / Fiat / Ford Industries
• International Energy Agency / General Electric / Unilever /
• Left Wing / Right Wing / Social Democrat Party / Communist Party / Liberal Party /
Republican Party / Socialist Party / Labour Unions /
• Red Bridges
• Penthouse Magazine / Playboy Magazine / Readers Digest /
• Cosa Nostra
• Coca Cola / Pepsi Cola / Levi Strauss / Sony / McDonalds /
• Law Firms
• Die Zeit
• Boeing / NASA / Science Of Physics & Astronomy / Some UFO Companies
• Capitalism Liberalism ,Socialism. Sionism, , Fascism
• GreenPeace / Green Politics /
And so many more.....
I suggest you read "Bloodlines of the Illuminati" by Fritz Springmeier, Here Or email me for the PDF
• Astor Family
• Bundy Bloodline
• The Collins Bloodline
• The Duponts
• The Freeman Bloodline
• The Kennedy Family
• The Li Family
• The Onassis Bloodline
• The Rothschild Bloodline
• The Russell Bloodline
• The Van Duyn Bloodline
• The Merovingian Bloodline
• The Reynolds Bloodline
• The McDonald Family
• The Krupps & The Illuminati
The Invisible Government
The idea of a central bank is to so enslave the people of the country to a debt money system that you continue to collect taxes continuously which just covers the interest. The duped people of the United States are paying about $300 billion dollars per year to the IRS which is the collection agency for the Federal Reserve.
By the way, the Federal Reserve is a privately owned bank with 8 private members. The Chase Manhattan Bank is a member, which is owned by the Rockefellers.
In 1913, Congress sank America into eternal debt by giving the power to issue currency and control the American economic system to the privately owned Federal Reserve Bank. Who are the owners or chief shareholders of the privately owned Federal Reserve Bank? Originally, there were reportedly 203,053 shares of privately owned Federal Reserve Bank stock, of which approximately 65% were owned by foreigners and approximately 35% (72,000 shares) were owned by:
• Rockefellers National City Bank = 30,000 shares
• Chase National = 6,000 shares (currently Chase Manhattan and owned by
• The National Bank of Commerce = 21,000 shares (now known as Morgan
• Morgans First National Bank = 15,000 shares.
Although the privately owned Federal Reserve Act of 1913 provided the names of the owner banks be kept a secret, R.E. McMaster, publisher of the newsletter The Reaper discovered, through confidential Swiss banking connections, that the following banks have controlling interest in the privately owned Federal Reserve Bank
Although the privately owned Federal Reserve Act of 1913 provided the names of the owner banks be kept a secret, R.E. McMaster, publisher of the newsletter The Reaper discovered, through confidential Swiss banking connections, that the following banks have controlling interest in the privately owned Federal Reserve Bank
• Rothchild Banks of London and Berlin
• Lazard Brothers Bank of Paris
• Israel Moses Sieff Banks of Italy
• Warburg Bank of Hamburg, Germany and Amsterdam
• Kuhn Loeb Bank of New York
• Lehman Brothers Bank of New York
• Goldman Sachs Bank of New York
• Chase Manhattan Bank of New York (Controlled By Rockefellers)
In his impeccably researched book Secrets of the Privately Owned Federal Reserve, Eustace Mullins states:
"Because the privately owned Federal Reserve Bank of New York sets interest rates and controls the daily supply of price of currency throughout America, the owners of that bank are the real directors of that whole system. These shareholders have controlled our political and economic destinies since 1913"
Those shareholders making up Mullins list are almost identical to the one compiled by the Swiss banking source."
• The Rothchilds
• Lazard Freres (Eugene Mayer)
• Israel Sieff
• Kuhn Loeb Company
• Warburg Company
• Lehman Brothers
• Goldman Sachs
• The Rockefeller family and J.P. Morgan interests
The Great Seal
• 13 Arrows
• 13 Leaves
• 13 Stripes on the shield
• 33 Feathers on each wing - Symbolizing the 33 Degrees Of Freemasonry
• The Flower of Life On Top - Contains A Hexagram.
The United States Dollar
On the back of the Dollar is the All-Seeing eye of Horus, read my article The Mysteries - a more indepth look at the symbology.
The all-seeing eye is a symbol which is copied from The Mysteries, it is very widely used in Freemasonry.
The symbol on the dollar bill as seen earlier in this article shows a pyramid with no cap, this is a copy of the pyramid of Gizah, which was believed by the ancient Egyptians to be the shrine tomb of the god Hermes. Hislop shows that Hermes is another name for Cush, the father of Nimrod, and was one of the Babylonian gods of The Mysteries.
Above the top of the pyramid floats a Masonic Triangle containing the all-seeing eye of Osiris surrounded by rays of light.
Just a Coincidence?
The Latin motto "Novus Ordo Seclorum," meaning "a New Order of the Ages," which is enscribed on the reverse of the Great Seal of the United States and printed on the back of every one-dollar-bill means; "New World Order'
The American economy has been sucked dry by the Federal Reserve System. Americans think they own property but the truth is the entire United States has been mortgaged to the bankers.
The Rothschilds and Rockefellers become richer while the people of the world become poorer.The International Monetary Fund and the World Bank are also designed to loan money to developing nations with the understanding that they will never be able to repay so with every loan made to a country, it becomes their death knell.
The entire world has been plunged into a debt economy which means 6 billion people are in debt to about 250 men. But keep in mind that all their wealth is phony because it is created money without any gold backing.
Freedom To Fascism
Please see my article on Elaine & Ed Brown and Freedom To Fascism Here
Ed & Elaine Brown are being terrorised by the United States Government all because they asked to see the law which states they have to pay Income Tax
About the film itself.....
Freedom To Fascism Is a wonderful documentary in which producer Aaron Russo (The Rose, Trading places) sets out determined to find evidence of the law that requires American Citizens to pay income tax.
This film which is neither left, nor right-wing is a startling examination of government. It exposes the systematic erosion of civil liberties in America since 1913 when the Federal Reserve system was fraudulently created.
Through interviews with U.S. Congressmen, a former IRS Commissioner, former IRS and FBI agents and tax attorneys and authors, Russo connects the dots between money creation, federal income tax, and the national identity card which becomes law in May 2008.
This ID card will use Radio Frequency Identification (RFID) chips which are essentially homing devices used to track people. This film shows in great detail and undeniable facts that America is moving headlong into a fascist police state. Wake up!
Watch the Video Here Then go purchase the DVD from the website as it is worth sharing this with other members of your family & friends.
Another Depression - Economic Crash?
Friday 3rd August 2007
On Friday the Dow Jones took a 280 point nosedive on fears that that losses in the subprime market will spill over into the broader economy and cut into GDP. Ever since the two Bears Sterns hedge funds folded a couple weeks ago the stock market has been writhing like a drug-addict in a detox-cell. Yesterday’s sell-off added to last week’s plunge that wiped out $2.1 trillion in value from global equity markets. New York investment guru, Jim Rogers said that the real market is “one of the biggest bubbles we’ve ever had in credit” and that the subprime rout “has a long way to go.”
Global Credit Crunch.
Friday 10th August 2007
The BBC reports:
Markets have faltered in Friday trading a day after markets in the US and Europe suffered heavy losses amid fears of a global credit crunch.
Central banks in several countries have been intervening in the money markets to prevent a continuing problem with US housing loans turning into a global financial crisis.
The European Central Bank injected a record $130.6bn (£64.6bn) into Europe's money markets to prevent a financial system seizure
Japan's central bank followed the European Central Bank in pumping money into the market to boost liquidity.
In the US, the Federal Reserve was reported to have taken similar action, pumping about $24bn into the US banking system.
South Korea's central bank said it would also intervene if necessary in financial markets to counter the international turmoil.
In recent months, the number of loan defaults has increased because of higher interest rates, raising concerns that the wobble in the housing market will affect other parts of the economy and then start hurting other nations.The worry is that should banks make losses, it would hurt their earnings and their profitability, making them less willing to fund the takeovers and buyouts that have underpinned much of the stock markets' recent gains.
The recent collapse of American Home Mortgage, the 10th largest lender in the US, has intensified those concerns.At the same time, banks have suddenly started charging significantly more for the money they lend to each other, signalling that they are looking to limit their risks, analysts said.
The declines in the US markets came despite attempts by President George W Bush to calm market fears.
Analysts say that a credit crunch - when it becomes harder for banks, companies and consumers to get access to loans and cash to run their operations - is a serious occurrence that could lead to recession.
We are now beginning to feel the first tremors from the massive credit expansion which began 6 years ago at the Federal Reserve. The trillions of dollars which were pumped into the global economy via low interest rates and increased money supply have raised the nominal value of equities, but at great cost. Now, stocks will fall sharply and businesses will fail as volatility increases and liquidity dries up.
Stagnant wages and a declining dollar have thrust the country into a deflationary cycle which has---up to this point---been concealed by Greenspan’s “cheap money” policy. Those days are over. Economic fundamentals are taking hold. The market swings will get deeper and more violent as the Fed’s massive credit bubble continues to unwind. Trillions of dollars of market value will vanish overnight. The stock market will go into a long-term swoon.
The American people know intuitively that something is fundamentally wrong with the economy. They just don’t know the details or the extent of the damage. Decades of neoliberal policies have inflated the currency, broadened the wealth gap, and destroyed manufacturing.
Workers can no longer buy the things they produce because wages have stagnated through a stealth campaign of inflation which originated at the Federal Reserve. When wages shrink, prices eventually fall from overcapacity and the economy slips into a deflationary cycle. This downward spiral ultimately ends in depression. So far, that's been avoided because of the Fed’s massive expansion of cheap credit. But that won’t last.
Economic policy is not “accidental”. The Fed’s policies were designed to create a crisis, and that crisis was intended to coincide with the activation of a nation-wide police-state.
It is foolish to think that Greenspan or his fellows did not grasp the implications of the system they put in place. These are very smart men and very shrewd economists. They knew exactly what they were doing. They all understand the effects of low interest rates and expanded money supply. And, they’re also all familiar with Ludwig von Mises, who said:
"There is no means of avoiding the final collapse of a boom brought about by credit expansion.”
A crash is unavoidable because the policies were designed to create a crash. It’s that simple.
The Federal Reserve is a central player in a carefully considered plan to shift the nation’s wealth from one class to another. And they have succeeded. Nearly 4 million American jobs have been sent overseas, the country has increased the national debt by $3 trillion dollars, and foreign investors own $4.5 trillion in US dollar-backed assets.
While the Fed has been carrying out its economic strategy; the Bush administration has deployed the military around the world to conduct a global resource war. These are two wheels on the same axel.
The goal is to maintain control of the global economic system by seizing the remaining energy resources in Eurasia and the Middle East and by integrating potential rivals into the American-led economic model under the direction of the Central Bank.The impending economic crisis is part of a much broader scheme to remake the political system from the ground-up so it better meets the needs of ruling elite. After the crash, public assets will be sold at firesale prices to the highest bidder.
Public lands will be auctioned off. Basic services will be privatised. Democracy will be shelved.
The unsupervised expansion of credit through interest rate manipulation is the fast-track to tyranny. Thomas Jefferson fully understood this. He said:
“If the American people ever allow private banks to control the issue of our currency, first by inflation, then by deflation, the banks and the corporations that will grow up will deprive the people of all property until their children wake up homeless on the continent their fathers conquered.”
America is now in the first phase of Greenspan’s Depression. The stock market is headed for the doldrums and the economy will quickly follow. Many more mortgage lenders, hedge funds and investment banks will be carried out feet first.
As the disaster unfolds, we should try to focus on where the troubles began and keep in mind Jefferson ’s injunction:
"The issuing of power should be taken from the banks and restored to the people to whom it properly belongs.”
Federal Reserve Note. Worth nothing. Backed by nothing.
Gold & Silver Never Lie.
The privately owned Federal Reserve Bank has created a debt based economy. It creates nothing. Every dollar that America spends, it borrows from someone else. Every privately owned Federal Reserve Bank note in America's wallet is nothing more than a debt certificate. America has given its greatest power, monetary creation, to the privately owned Federal Reserve Bank.
When any government is invested with money power, it rises above the citizen and under the profession of protecting him, which may actually constitute the greatest threat to his well-being and safety.
The power which control of the money system gives to government to interfere in and direct and even take the life of the individual should not exist on this earth. No man or group of men is warranted in holding this terrible power over fellow men.
"If the American people ever allow PRIVATE banks to control the issue of their currency, first by inflation, then by deflation, 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
In researching the above ,I have drawn on the works of many different sources.
If you would like anymore information please email me, I have many PDF's that will prove useful for a more indepth study of the above: email@example.com
Written & Researched By PITP
Tuesday, 30 December 2008
Posted by Choosing Freedom at 11:08