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 Ron Paul (Congress R-TX)
The Federal Reserve in collaboration with the giant banks has created the greatest financial crisis the world has ever seen. The foolish notion that unlimited amounts of money and credit created out of thin air can provide sustainable economic growth has delivered this crisis to us.
Instead of economic growth and stable prices, [The Federal Reserve] has given us a system of government and finance that now threatens the world financial and political institutions. Pursuing the same policy of excessive spending, debt expansion and monetary inflation can only compound the problems that prevent the required corrections.
Doubling the money supply didn’t work, quadrupling it won’t work either. Buying up the bad debt of privileged institutions and dumping worthless assets on the American people is morally wrong and economically futile.
(opening statement at Federal Reserve hearing - July 21, 2009)
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Dick Durbin
(Senator D-Ill.)
And the banks -- hard to believe in a time when we're facing a banking crisis that many of the banks created -- are still the most powerful lobby on Capitol Hill. And they frankly own the place.
(on WJJG 1530 AM's "Mornings with Ray Hanania" - April 27, 2009)
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Benjamin Franklin
(Founding Father, Scientist)
The refusal of King George III to allow the colonies to operate an honest money system, which freed the ordinary man from the clutches of the money manipulators was probably the prime cause of the revolution.
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Thomas Paine
(Founding Father, Auther)
As to the assumed authority of any assembly in making paper money, or paper of any kind, a legal tender, or in other language, a compulsive payment, it is a most presumptuous attempt at arbitrary power. There can be no such power in a republican government: the people have no freedom – and property no security – where this practice can be acted.
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Thomas Jefferson
(3rd President of U.S.A.)
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.
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James Madison
(4th President of U.S.A.)
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.
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Andrew Jackson
(7th President of U.S.A.)
Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I intend to rout you out, and by the grace of the Eternal God, will rout you out.
(spoken to a delegation of bankers, during 1832 reelection campaign)
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Abraham Lincoln
(16th President of U.S.A.)
The money power preys upon the nation in times of peace, and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy. I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. Corporations have been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until all wealth is aggregated in a few hands, and the Republic is destroyed.
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Otto von Bismark
(President of Prussia, 1862-90)
The division of the United States into federations of equal force was decided long before the Civil War by the high financial powers of Europe. These bankers were afraid that the United States if they remained as one block would attain economic and financial independence which would upset their financial domination over the world.
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James Garfield
(20th President of U.S.A.)
Whomsoever controls the volume of money in any country is absolute master of all industry and commerce and when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.
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Theodore Roosevelt
(26th President of U.S.A.)
These International bankers and Rockefeller-Standard Oil interests control the majority of newspapers and the columns of these papers to club into submission or drive out of public office officials who refuse to do the bidding of the powerful corrupt cliques which compose the invisible government.
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Charles Lindbergh
(Congress R-MN, 1907-17)
This [Federal Reserve Act, passed December 23, 1913] establishes the most gigantic trust on earth. When the President signs this bill, the invisible government of the monetary power will be legalized....the worst legislative crime of the ages is perpetrated by this banking and currency bill. The financial system has been turned over to the Federal Reserve Board. That Board administers the finance system by authority of a purely profiteering group. The system is Private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money. From now on, depressions will be scientifically created.
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Woodrow Wilson
(28th President of U.S.A.)
A great industrial nation is controlled by its system of credit. Our system of credit is privately concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men ... We have come to be one of the worst ruled, one of the most completely controlled and dominated, governments in the civilized world... no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and the duress of small groups of dominant men. Some of the biggest men in the United States, in the field of commerce and manufacture, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they had better not speak above their breath when they speak in the condemnation of it.
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John Maynard Keynes
By a continuous process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method, they not only confiscate arbitrarily; and while the process improvishes many, it actually enriches some... The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.
(father of Interventionist, or Keynesian Economics, which is been the guiding economic philosophy in the United States since the inception of the Federal Reserve)
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Louis T. McFadden
(Congress R-PA, 1914-34)
It [the depression] was not accidental. It was a carefully contrived occurrence.... The international bankers sought to bring about a condition of despair here so that they might emerge as the rulers of us all.
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Pope Pius XI
(Pope, 1922-39)
It is patent that in our days not alone is wealth accumulated, but immense power and despotic economic domination is concentrated in the hands of a few .... This power becomes particularly irresistible when exercised by those who, because they hold and control money, are able also to govern credit and determine its allotment, for that reason supplying so to speak, the lifeblood to the entire economic body, and grasping, as it were, in their hands the very soul of production, so that no one dare breathe against their will.
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J. W. Wright Patman
(Congress D-TX, 1932-75)
In the United States we have, in effect, two governments … We have the duly constituted Government … Then we have an independent, uncontrolled and uncoordinated government in the Federal Reserve System, operating the money powers which are reserved to Congress by the Constitution.
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Franklin D. Roosevelt
(32nd President of U.S.A.)
The real truth of the matter is, as you and I know, that a financial element in the large centers has owned the government of the U.S. since the days of Andrew Jackson.
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Grace Commission, 1982
(Federal spending investigation)
100 percent of what is collected [from individual income tax revenues] absorbed solely by 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 which taxpayers expect from their Government.
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George W. Bush
(43rd President of U.S.A.)
The economy is going to be fine.
(March 17, 2008)
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Barack Obama
(44th President of U.S.A.)
I think it’s important to understand that some of that wealth was illusory in the first place.
(“After the Great Recession,” interview with President Barack Obama, New York Times Magazine, April 28, 2009, conducted by David Leonhardt)
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Carroll Quigley
(Tragedy and Hope, 1966)
The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences.
The apex of the system was to be the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank . . . sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world.
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Sir Josiah Stamp
(Bank of England Pres., 1920's)
Banking was conceived in iniquity and was born in sin. The Bankers own the Earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear, and they ought to disappear, for this would be a happier and better world to live in. But if you wish to remain the slaves of Bankers and pay the cost of your own slavery, let them continue to create deposits.
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Paul A. Volcker
(Fmr. Federal Reserve Chairman)
The standard of living of the average American has to decline... I don't think you can escape that.
(Testimony before the Joint Economic Committee of the U.S. Congress, Oct. 17, 1979.)
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Joseph Sobran
Politicians never accuse you of "greed" for wanting other people's money – only for wanting to keep your own money.
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Karl Marx
(The Communist Manifesto)
In this sense, the theory of the Communists may be summed up in the single sentence: Abolition of private property.
We Communists have been reproached with the desire of abolishing the right of personally acquiring property as the fruit of a man's own labour, which property is alleged to be the groundwork of all personal freedom, activity and in-dependence. [...]
5th Plank: Centralization of credit in the hands of the State, by means of a national bank with State capital and an exclusive monopoly.
(NOTE: The Federal Reserve Bank is a system of privately-owned banks, which was granted the monopoly power over 'money' and 'credit' creation by the US government in 1913.)
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Marcus Tullius Cicero
(55 BC)
The national budget must be balanced. The public debt must be reduced; the arrogance of the authorities must be moderated and controlled. Payments to foreign governments must be reduced. If the nation doesn't want to go bankrupt, people must again learn to work, instead of living on public assistance.
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Thomas Jefferson
(3rd President of U.S.A.)
We may consider each generation as a distinct nation, with a right, by the will of its majority, to bind themselves, but none to bind the succeeding generation [with a National Debt], more than the inhabitants of another country.
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Michael Rivero
The last act of any nation, is to loot the treasury.
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Voltaire
Paper money always returns to its intrinsic value – zero.
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Holy Bible (NKJV)
<> (Proverbs 22:7) <>
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(7) The rich rules over the poor, And the borrower is servant to the lender.
<> (Matthew 24:38-39) <>
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(38) For as in the days before the flood, they were eating and drinking, marrying and giving in marriage, until the day that Noah entered the ark, (39) and did not know until the flood came and took them all away,
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1) The best way to rob a bank is to own one.
2) The success of the fractional reserve banking scam over thousands of years has inspired every other pyramid scheme because this crime against humanity becomes a monopoly sanctioned by government; it becomes a power, unlimited.
3) The idea you can wield a printing press as secretive and as destructive as a nuclear armed submarine.
4) Methodology created by the elite global cabal of international banking families (i.e. Rothschilds, Rockefellers, Morgans, Oppenhiemers, etc) to secure complete control and ownership of a country. Practiced in Europe over many centuries and predatorily perfected against Third World Countries during the 20th Century.
The five main steps include:
Step 1. The Banking Families buy off politicians to introduce and pass ‘Central Banking’ monopoly legislation (i.e. Woodrow Wilson, 1913 Federal Reserve Act)
Step 2. With the Central Banking power in place, the Banking Families print heaps of money (a.k.a. inflate money supply) and reduce interest rates, thereby inducing governments, businesses, working class and poor into spending sprees by means of massing great sums of debt. (i.e. WWI, Roaring 20’s, WWII, Korean War, Vietnam, S&L Crisis, Iraq 1, Tech Bubble, Iraq 2, Housing Bubble)
Step 3. The Banking Families hoard money (a.k.a. deflate money supply), increase interest rates and create other obstacles limiting loans. The Banksters also call for immediate payment of outstanding debts, thereby forcing defaults, bankruptcy, loss of homes, liquidating property, etc. (i.e. Great Depression, Reagan Recession of 82-84, Panic of 2008/Collapse of 2010)
Step 4. Early in the crisis, the Banking Families claim they are the most vulnerable and worse affected. “Look at all the loan defaults. We need a bailout. We fail, the whole system collapses.” After lining the politicians with substantial campaign contributions (bribes), the politicians rigorously shakedown the American public with hypnotic rhetoric, “The banks are too big to fail. We have to grant them massive bailouts or we face another Great Depression. - Repeat - Repeat - Repeat - Repeat”
Step 5. The widespread strain on the majority of the Country's citizenry to sell their assets (i.e. homes, businesses, boats, stocks, etc) increases the available supply of these assets, decreasing demand for them and drastically decreasing their prices (supply and price have an inverse relationship). The Banking Families, the engineers of the crisis, the ones who printed the money, hoarded the money and sucked every last dime from the Government’s (our) Treasury via bailouts, are able to buy up the entire Country's infrastucture (land, roads, utilities, water, raw materials, etc) at ‘fire sale’ prices, then part the financially ravaged and raped country for their next conquest.
[EXCERPT FROM "END THE FED"]:
After all is said and done, the Fed has one power unique to it alone: it enables the creation of money out of thin air. [...]
Given that money is one half of every commercial transaction and that whole civilizations literally rise and fall based on the quality of their money, we are talking about an awesome power, one that flies under the cover of night. It is the power to weave illusions that appear real as long as they last. That is the very core of the Fed’s power.
As President Barack Obama said of the economic boom that went bust: “I think it’s important to understand that some of that wealth was illusory in the first place.” [...]
[E]nding the Fed would address the most vexing problems of politics of our time. It would bring an end to dollar depreciation. It would take away from the government the means to fund its endless wars. It would curb the government’s attacks on the civil liberties of Americans, stop its vast debt accumulation that will be paid by future generations, and arrest its massive expansions of the welfare state that has turned us into a nation of dependents.
If you solve the money monopoly problem by ending the Fed, you solve many other problems, too. Essentially you take away from the government the capacity to use financial trickery to expand without limit. It is the first step to restoring constitutional government. Without the Fed, the federal government would have to live within its means. It would still be too big and too intrusive, just like all state governments are today, but the outrageous empire at home and abroad would have to come to an end.
There are other benefits as well, such as stopping the business cycle, ending inflation [dollar devaluation], building prosperity for all Americans, and putting an end to the corrupt collaboration between government and banks that virtually defines the operations of public policy in the post melt-down era.
[FLIPSHOW]:
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[FLIX ON]:
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Mayer Amschel Rothschild, 1790
"Let me issue and control a nation's money and I care not who writes the laws."
Stg. Ruthers: Look, life can be a vacation when you’re on the banksta side of rocka-flation... but given the choice, I'd go with my life, family, and loved ones over the snake's skin of a banksta because our side wins! |
HISTORY LESSON:
How did we get here?
HISTORY LESSON:
Where do we go from here?
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