Soulless Reptilian Money
"Financial history has numerous examples of preying
on the weak, crushing competition, socializing risks, privatizing profits,
redistributing wealth upward to a financial oligarchy while creating "tollbooth
economies" with debt bondage." - Stephen
"Bank-money exchange reflects and creates a system of elite
control and human slavery. Reciprocal credit
exchange reflects and creates a democratic system on a level monetary playing
field." - Richard C. Cook
The chairman of the Federal Reserve Ben
Salom Bernanke suggests
that we turn over our sovereignty to the
Bank of International Settlements.
Ben Salom Bernanke suggests we take
the advise of the Financial Stability Forum, a small secretariat housed at the
Bank for International Settlements in Basel,
"I will not say much about the international
dimensions of the issue but will take as self-evident that, in light of the
global nature of financial institutions and markets, the reform of financial
regulation and supervision should be coordinated internationally to the
greatest extent possible." - Ben Salom
Bernanke speaking to the Council on
Foreign Relations 03/10/09
"The budget should be balanced, the Treasury should
be refilled, public debt should be reduced, the arrogance of officialdom should
be tempered and controlled, and the assistance to foreign lands should be
curtailed lest Rome become bankrupt. People must again learn to work, instead
of living on public assistance." - Cicero, 55 BC
"When you are dealing with a world chain of
financial consulates, all of them linking up in a world system, none of them to
be regarded as American banks, or British banks, or French banks, or Italian
banks, or German banks, but all of them members of the World Banking System,
you are obviously not dealing with individuals who are trying to make a living.
" - Henry Ford
"Economists" work at selling the public the idea
that recessions and/or depressions are a natural part of what they call the
This is simply not the
Recessions and depressions occur due to the
manipulation of the money
All central banks are privately owned and operated.
Central banks refuse the scrutiny of state regulators - no one
knows whose money (if there
actually is reserves) - the central banks use and no one has ever been allowed
to audit the fungible assets in their
"Awareness of the hideous evil of the financiers'
plans to destroy the soul of humanity is growing." -Richard Cook 48 BC Julius Caesar mints coin for the benefit
Jesus uses physical force - the
only time throughout his ministry - to throw the soulless money changers out of
Hebrews could only pay their temple tax with a
half-shekel, a half-ounce of pure silver, about the size of a quarter.
The half-shekel was the only pure
silver coin of assured weight
at that time without the image of a pagan
the soulless money changers out as their monopoly on these coins and the
methods the soulless money
changers used to extract wealth from their brethren totally violated the
sanctity of God's house.
1024 Medieval England's money supply is controlled by
The concept of paper money being used for trade arrives
Paper money was a paper promissary note, a receipt, of gold
deposited in goldsmith vault which was far more convenient than carrying around
a lot of heavy gold and silver coins.
Over time, to simplify the
process and to hide the owner of the wealth, the receipts were made to the
bearer, bearer bonds, rather than to the individual depositor, making it
readily transferable without the need for a signature.
This broke the
tie to any identifiable deposit of
Recognizing that only a fraction of the
depositors of gold ever came in to
demand their gold at any one time they began to loan out
paper promissary notes made payable to the
paper promissary notes made payable to the bearer were not backed by gold
held in depositories.
was allowed to audit the gold deposited and the soulless money
changers were able to collect interest on the excess notes.
more money than one possess, fractional reserves, is the same as printing
"It started with goldsmiths. As early bankers, they initially
provided safekeeping services, making a profit from vault storage fees for gold
and coins deposited with them. People would redeem their "deposit receipts"
whenever they needed gold or coins to purchase something, and physically take
the gold or coins to the seller who, in turn, would deposit them for
safekeeping, often with the same banker.
Everyone soon found that it
was a lot easier simply to use the deposit receipts directly as a means of
payment. These receipts, which became known as notes, were acceptable as money
since whoever held them could go to the banker and exchange them for metallic
money. Then, bankers discovered that they could make loans merely by giving
their promise to pay, or bank notes, to borrowers.
In this way, banks
began to create money. More notes could be issued than the gold and coin on
hand because only a portion of the notes outstanding would be presented for
payment at any one time. Enough metallic money had to be kept on hand, of
course, to redeem whatever volume of notes was presented for
Transaction deposits are the modern counterpart of bank notes.
It was a small step from printing notes to making book entries crediting
deposits of borrowers, which the borrowers in turn could "spend" by writing
checks, thereby "printing" their own money." - Chicago Federal Reserve,
Modern Money Mechanics
"Traditional money systems depend on faith and
general ignorance to stay afloat." - Jason Rohrer
Goldsmiths used Fractional Reserve Banking.
intermarried and kept to themselves so that no one would ever know they had
committed fraud resulting in international
dynasties of banking families.
Frederick Soddy defines banks as:
"Institutions which pretend to lend money, and do not lend it, but create it,
and when it is repaid to them, de-create it and have achieved the physically
impossible miracle thereby, not only of getting something for nothing but also
of getting perennial interest from it."
"The truth is that no bank lends
as much as a penny of the money deposited with it. Every bank loan or overdraft
is a creation of entirely new money (credit) and is a clear addition to the
amount of money in the community. It is no more than
a record in a bank ledger or
computer and is actually the creation of new money out of nothing." - Jane
"The bank-debt currency system we have today is founded upon
interest. That's the motivation for banks to create
money in the first place.
Creating money is only a side effect, irrelevant to the commercial bank, of
their main purpose of earning a profit. Another side effect is the necessity of
perpetual economic growth and, consequently, the conversion of all
common wealth into
private monetary wealth." -
The soulless money changers soon
discovered that their control of this fraudulent paper promissary note
money supply, as there was more paper in
circulation than in deposits, gave
them control over the economy and the assets of many of those who had borrowed
The soulless money changers exacted their control of the economy
and their wealth accumulation by manipulating the money supply - easy money and
tight money - economic contraction and expansion.
marketers, refer to "the business cycle," "boom and bust," "recession,"
"depression", "tech bubble" and "housing bubble" in order to
distract - even so
In a fractional reserve banking system, such as the fiat paper
money/fungible asset system used
internationally, the debt has to continue to climb until, at some point, it
must be forgiven. This is because the debtors can never aquire enough
capital to fully pay off their debt.
In a closed fractional reserve
system were money is only forged through loans like the one in operated by the
BIS today when $10 is deposited $100 is loaned out.
For simplicity sake
we will assume an annual interest rate of 10%. The borrower is required to pay
$110 back to the bank, but $10 is still held as reserves by the bank and only
$100 has been put out into circulation. Where does the extra $10 to be paid as
interest come from?
"Imagine the first bank which prints and lends out
$100. For its efforts it asks for the borrower to return $110 in one year; that
is it asks for 10% interest. Unwittingly, or maybe wittingly, the bank has
forged a mathematically impossible situation. The only way in which the
borrower can return 110 of the bank's notes is if the bank prints and lends
more. The result of creating 100 and demanding 110 in return, is that the
collective borrowers of a nation are forever chasing a phantom which can never
be caught; the mythical $10 that were never forged. The debt in fact is
unrepayable. Each time $100 is forged for the nation, the nation's overall
indebtedness to the system is increased by $110. The only solution at present
is increased borrowing to cover the principal plus the interest of what has
been borrowed." - Roger Langrick
1100 King Henry
I creats a new form of currency in the form of a "talley stick." The talley
stick lasted 726 years until 1826 even though other currencies came and went in
that same period and ran alongside the talley sticks. The talley stick was a
stick of polished wood into which notches were cut along one side, to indicate
the denomination of money the stick represented. The stick was then split
lengthwise through the notches, so that both pieces had a record of the
notches. The King kept one half to protect against counterfeiting and the other
half was circulated into the economy as money. The talley stick was the most
successful money system in history, as the King demanded that all the King's
taxes had to be paid in, "talley sticks," so this increased their circulation
and acceptance as a legitimate form of money.
1215"If one who has borrowed from the Jews any sum, great or
small, die before that loan be repaid, the debt shall not bear interest while
the heir is under age, of whomsoever he may hold; and if the debt fall into our
hands, we will not take anything except the principal sum contained in the
bond. And if anyone die indebted to the Jews,
his wife shall have her dower and pay nothing of that
debt; and if any children of the deceased are
left under age, necessaries shall be provided for them in keeping with the
holding of the deceased; and out of the residue the debt shall be paid,
reserving, however, service due to feudal lords; in like manner let it be done
touching debts due to others than Jews." -
formulation of Magna Carta in England was not an isolated event.
similar statements of law were being made on the Continent.
In form and
content, they ran roughly parallel to the English document, though none was
exactly identical to it. Among the most nearly contemporary were the Liber
Augustalis, containing the Constitutions of Melfi issued in 1231 by the Emperor
Frederick II for the kingdom of Sicily, and the Golden Bull of Zagreb, issued
by King in 1242 to the towns and cities of Slavonia and Hungary." There were
also many others. Among the best known of them are Philippe de Beaumanoir's
Customs of the Beauvaisis in France, the Siete Partidas in Castile, the
Sachsenspiegel in Germany, the Usatges of Barcelona from Catalonia, and the
laws of King Magnus Ladulas in Sweden.
St. Thomas Aquinas argues that the charging of
interest is wrong because it applies to "double charging," charging for both
the money and the use of the money.
This concept followed the teachings
of Aristotle that taught the
purpose of currency was to serve the members of the social culture by
facilitating the exchange of goods and services.
Interest was contrary
to reason and justice because it put an unnecessary burden on the use of money
simply a way to facilitate trade in resources or services.
in Middle Ages Europe forbade the charging of interest on loans making it a
crime called, "usury."
Christians were not allowed by their
religion to charge interest on any money lent as this was considered usury. The
Jews were not so incumbered.
"Usury is the practice of lending money at
excessive interest rates. This has for centuries
caused great misery and poverty for Gentiles. It has brought strong
condemnation of the Jews!" - Diodorus
Siculus Greek historian
"The Jewish usurers are fast-rooted even in the
smallest villages, and if they lend five gulden they require a security of six
times as much. They charge interest, upon interest, and upon this again
interest, so that the poor man loses everything that he owns." - Desiderius
bleed the poor to death and grow fat on their substance." - Bernardino de
In the Mishnah of
Moses Maimonides in the the Book of Judgments Jews are required to
not charge interest to other Jews but to charge interest to a Gentile and to
press the Gentile for payment.
"Turn to the pages of the Talmud and you
will find that they made an art of lending money. They were taught early to
look for their chief happiness in the possession of money. They fathomed all the
secrets that lay hid in money. They became Lords of Money and Lords of the
World." - Professor Werner Sombart
Edward I of England issues the Statute of the Jewry outlawing the
practice of usury.
"Jews have never, like other people, gone into a
wilderness and built up a land of
their own. In England in the 13th century, under Edward I, they did not take
advantage of the offer by which Edward promised to give them the very
opportunity Jews had been crying for, for centuries." After imprisoning the
entire Jewish population, in his domain for criminal usury, and debasing the
coin of the realm; Edward, before releasing them, put into effect two new sets
of laws. The first made it illegal for a Jews in England to loan money at
interest. The second repealed all the laws which kept Jews from the normal
pursuits of the kingdom. Under these new statutes Jews could even lease
land for a period of 15 years and
work it. Edward advanced this as a test of the Jews sincerity when he claimed
that he wanted to work like other people. If they proved their fitness
to live like other people inference was
that Edward would let them buy land
outright and admit them to the higher privileges of citizenship. Did the Jews
take advantage of Edwards decree? To get around this law against usury, they
invented such new methods of
skinning the peasants and the nobles that the outcry against them became
greater than ever. And Edward had to expel them to avert a civil war. It is not
recorded that one Jew took advantage of the right to till the soil." - Samuel
1492 Ferdinand and
Isabella of Spain sign a decree expelling all Jews who refuse to convert to
Christianity. A considerable number move to Portugal. Many members of the
migrant Jewish community in
Portugal proceeded to become wealthy in commercially successful Portuguese port
cities. Being forced to move, Jewish families remained mobile and quickly
developed international family agencies for growing brokerage houses involved
Family networks of mobile Jewish "lombards" migrated
from port city to city with the Spanish Inquisition and forged international
networks. Most European cities still have a street named Lombard street after
the pawn shop that once housed there. In Dutch, the name for a pawn shop is
still lommerd, and the same etymology persists in the names of various banks
(unless named after some family). In Polish and Russian, a pawn shop is called
simply lombard. Lombard banking refers to the historical use of the term
'Lombard' for a pawn shop in the Middle Ages, a type of banking that originated
with the prosperous northern Italian region of Lombardy.
In France the
Lombards became synonymous with the Cahorsins. Cahors became prominent in the
Middle Ages as a major banking center of medieval Europe. Cahorsin money
lenders were among the most infamous for charging interest on their loans.
Antwerp was foreigner-controlled, which made the city very international, with
merchants and traders from Venice, Ragusa, Spain and Portugal.
had a policy of toleration, which attracted a large Haredi Jewish
The Haredi, or
Hasidic, lived concentrated
in the city center in an area close to the Antwerp Central railway station.
This neighborhood is also sometimes known as "Jewish
Its main attraction was its close proximity to the diamond
bourse, where in a large part of the Jewish community worked.
King Henry VIII succeeds King Henry VII to the throne.
Under King Henry
VIII the Church of England seperates from
Roman Catholicism, whose law
preventes the charging of interest on money. King Henry VIII relaxes the laws
regarding usury and the soulless money changers waste no time in re-asserting
themselves by flooding the economy with gold and silver coins.
people under the sun are more greedy than
they are, than they have been and always will be, as one can see from their
accursed usury. The Princes and authorities sit and snore with open mouths and
let the Jews take, steal and rob what they want out of their open purses and
chests. That is, they permit themselves and their subjects to be skinned and
sucked dry by the Jews' usury, and make themselves, with their own money,
beggars in their own State. The Jews have got our money and property, and are
therefore our masters in our own land." -
Martin Luther 1543
1553 Queen Mary I succeeds Lady Jane Grey's nine day reign to
the throne in England. During her reign, Queen Mary I, a staunch Catholic,
tightens the usury laws. The
changers, not amused, hoard gold and silver coins thus creating
1558 Queen Elizabeth I
succeeds Queen Mary I, her half sister, to the throne in England. During her
reign Queen Elizabeth I takes control of the money supply by issuing gold and
1609 The soulless money changers in the Netherlands establish
the first central bank in history, in Amsterdam. The central bank of Amsterdam
later finances Oliver Cromwell.
overthrows King Charles I putting him to death.
Plunged into a costly
series of wars over the next few decades Great Britain sinks deeper into debt.
The soulless money
changers foreclose on a square mile of property in the center of London which
becomes known as the City of London, an
international economic center.
1689 William of
Orange ascends to the throne in England as King William III . Following a
series of squabbles with the Stuart Kings, Charles II (1660 - 1685) and James
II (1685 - 1688) the soulless money changers conspired with counterparts in
Amsterdam who financed an invasion
led by William of Orange of the
1694 King William III orders the British
Treasury to borrow £ 1,250,000. In return King William III issues the
syndicate of the soulless money changers a Royal Charter for the new central
Bank of England.
Charter permits the syndicate of the soulless money changers to consolidate the
British National debt just forged by the £ 1,250,000 loan by securing
payments of interest and principal through direct taxation of the people. The
Royal Charter forbids private goldsmiths from storing gold and
issuing paper promissary notes made payable
to the bearer.
Bank of England was so named for the
sole purpose of deceiving the general public into believing it was part of the
government and not a privately chartered
joint stock incorporation.
Like any other
privately chartered joint stock
incorporation the Bank of England sold shares to get started. The private
investors, whose names were never revealed, purportedly tendered £
1,250,000 in gold coins to buy their shares in the central bank, but only
£ 750,000 was ever received. Despite the £ 500,000 shortfall the
central bank was duly chartered and began loaning out several times the money
it supposedly had in reserves, all at interest.
"The Bank hath benefit
of interest on all monies which
it creates out of nothing." - William Paterson founder
The Bank of England amounted to nothing less than the legal
counterfeiting of a national currency for private gain. Any country falling
under a private central bank controlled system of government eventually amounts
to nothing more than a plutocracy. Soon after the Bank of England was formed it
attacked the talley stick system, as it was currency outside of the power of
the soulless money changers, just as King Henry I had intended it to be.
1698 British Treasury
owes a debt of £16,000,000 to the Bank of
The soulless central bankers had gained control of the economy
of England in the following way:
Suppose the money in circulation in a
country is £5,000,000.
A central bank is set up and prints
This reduces the value of the initial
£5,000,000 in circulation before the central bank was formed.
This is because the initial £5,000,000 is now only 25% of the
currency in circulation.
It will also give the bank control of 75% of
the currency in circulation with the £15,000,000 they lent out into the
This causes inflation, a
reduction in value of money born by the common person, due to the economy being
flooded with new money.
The principal of the funds were not returned to
and were in fact embezzled by Mayer Amschel
"The history of the House of Rothschild is of
greater importance for world history than the domestic history of the State of
Saxony; and is it a
matter of indifference that it is the history of
Ashkenazi?" - Christian
Matthias & Theodor Mommsen1760 Mayer Amschel Bauer, the son of Anselm
Moses Bauer of Frankfurt, runs a "foreign fiat currency" exchange as Germany
consisted of 350 principalities, each with its own currency.
The exchange is located on Judenstrasse,
literally "Jew Street" in a ghetto in Frankfurt, numbering about 550
Bitcoin: Evidence Points To The NSA As Its Original
While at the Oppenheimer Bank, Amschel Bauer met Lieutenant
General Baron von Estorff, an aristocrat close to the Landgrave of
Hesse-Cassell, William IX.
The Landgrave of Hesse-Cassel, inherited the
largest private fortune in Europe derived mainly from the hire of Hessian
troops to the British Government for putting down the revolution in the US.
The British Government leased about 15,000-17,000 Hessians human 'war
units' each year.
Mayer Amschel Bauer* changes him
name to Mayer Amschel Rothschild*, sets up the House of Rothschild and soon
learns that loaning money to governments and royalty is far more profitable
than loaning to individuals because the loans made are bigger and backed by
their nations' taxes.
Rothschild trains his five sons - Amschel, Salomon, Nathan, Karl and Jakob - in
the art of money creation.
Amschel stayed in Frankfurt where he buys a seat on
the Prussian Privy Council of Commerce shaking the Prussian aristocracy.
Salomon Mayer Rothschild goes to Vienna
and creates money.
Nathan Mayer Rothschild goes to London and
Mayer Rothschild goes to Naples and
Jakob Mayer Rothschild goes to Paris and
long history has depended time and again on being ahead of the game. Faster
communications, better market information, new approaches and new solutions:
these are what have given us flexibility, advantage and edge across changing
times and circumstances. With two hundred years of successful client service to
our name, Rothschild takes the long view. The structure of the Rothschild group
of companies today echoes the approach first adopted by the five Rothschild
brothers." - Rothchilds website 2008
A few Rothschild corporations
named on Rothchilds website 2008: NM Rothschild & Sons UK; NM Rothschild
& Sons Channel Islands; Rothschild France; Rothschild Belgique; Rothschild
Frankfurt; Rothschild Bank Zurich; Rothschild Trust; Rothschild Private
Management; Five Arrows Commercial Finance; Rothschild Moscow; Rothschild
Sweden; Rothschild North America;
Rothschild Brazil; Bice
Chileconsult; Rothschild Mexico; Rothschild Australia; Rothschild Asia;
"Though they control scores of industrial, commercial, mining
and tourist corporations, not one bears the name Rothschild. Being private
partnerships, family houses never need to, and never do, publish a single
public balance sheet, or any other report of their financial condition." -
This marks the foundational
establishment of the syndicate of the soulless' international central banking
"The major reason for the historical
blackout on the role
of the international bankers in political history is that the Rothschild were
Ashkenazi, but a special
kind of Ashkenazi
Vampire - apostates.
Nobody has a right to be more
angry at the Rothschilds than the
true Semitic Jews.
The Warburgs, part of the Rothschild
empire, helped finance Adolph
Hitler." - Gary Allen
Benjamin Franklin is asked by
officials of the Bank of England to explain the
prosperity of American
"That is simple. In the Colonies we issue our own money. It is
called Colonial Scrip. We issue it in proper proportion to the demands of trade
and industry to make the products pass easily from the producers to the
consumers. In this manner creating for ourselves our own paper money, we
control its purchasing
power, and we have no interest to pay." -
British Parliament passes the Currency Act of 1764.
The Currency Act of 1764 prohibits colonial officials from issuing
their own money and orders them to pay all future taxes in gold or silver
coins. Due to the prohibition on the issuance of paper money by the colonies
under the Currency Act of 1764 - real estate
owners who could not pay their debts lost their land.
a sheriff of Chester County in Pennsylvania who would sign the
Independence, seized 180 farms between
1766 and 1769.
"The viability of the colonists to get
power to issue their own money permanently out of the hands of
King George III and the
international bankers was the prime reason for the revolutionary war. " -
1769 William IX, Landgrave of Hesse-Kassell, hires Mayer
Amschel Bauer to supervise the operation of his properties and tax-gathering.
1775 Revolutionary war starts in Lexington,
Massachusetts. 10 years of British taxation had drained the colonies of silver
and gold coins. As a result of this, the continental government has no
choice but to print money
to finance the war. At the start of the revolution the American money supply
stood at $12,000,000. By the end of the war it was nearly $500,000,000 and
as a result the currency was virtually worthless. This is an example of the
danger of printing too much money. Colonial Scrip had worked well because
just enough was used to facilitate trade.
Constitution established a
basic currency unit, the dollar, constitutionally mandated to be a silver coin
based on the Spanish pillar dollar and to contain 375 grains of silver. This
single provision was designed to keep the American money supply out of the hands of
the soulless international banking cartel.
1781 Continental Congress
is desperate for monetary balance, so they allowed Robert Morris, their
Financial Superintendent, to open a privately owned central bank, in the hope
this would sort out the money problem.
Robert Morris, son of the wealthy
exporter Robert Morris Sr., had grown
wealthier during the
revolution by trading in war materials.
This first central bank in
America is called the Bank of North America, which is set up with a four year
charter, and was closely modeled after the Bank of England.
The Bank of
North America's charter called for private investors to put up $400,000 of
initial hard capital, which Robert Morris Jr., the war profiteer, found himself
unable to raise from American interests as all the gold and silver had been
sent to England as taxes.
Robert Morris used his political influence to
have gold loaned to the new US government by France
deposited into the new Bank of North
America to use as reserves.
Hamilton graduates law school and goes to work as an aide to Robert Morris, who
stated, "a national debt if it is not
excessive will be to us a national blessing."
"The primary definition
of a central bank is a banking system in which a single bank has either a
complete or residuary monopoly in the
note issue." - Vera C. Smith , Committee for Monetary Research and
1785 Robert Morris' privately
owned Bank of North America fails to solve the problem. Continental Congress
chooses not to renew the charter.
"This institution, having no principle but that of avarice, will never
be varied in its objective to engross all the wealth, power and influence of
the state." - William Findlay
Rothschild moves his family home to a five story home in Frankfurt, Germany,
which he shares with the
A descendant of both Rothschild and
Jacob Hirsch Schiff, is instrumental in the setting
up of the Federal Reserve 128 years later.
1787 Colonial leaders assemble in Philadelphia to replace the
Articles of Confederation with the Constitution.
Governor Morris, along
with Robert Morris and Alexander Hamilton, had
presented the original plan for the Bank of North America to the Continental
Congress in the final year of the revolution.
"The rich will strive to establish their
dominion and enslave the rest. They always did. They always will. They will
have the same effect here as elsewhere, if we do not, by the power of
government, keep them in their proper spheres." - Governor Morris in a letter
to James Madison dated
opposes a privately owned central bank after seeing the exploitation of the
people by the Bank of England.
Robert Morris and Thomas Willing, convince the bulk of the delegates to the
Constitutional convention, not to give Congress the power to issue paper
1788 Prominent French
International Bankers refuse to extend necessary short-term credit to the
government, and they arrange to have shipments
of grain and food to Paris delayed which triggers the hunger riots of the
This sparks the French Revolution, in which a new ruling
class emerged, driven by violent oppression, political and actual
As its violence
grew so too did discontentment with the Revolutionary Regime and its stability
and sustainability was in question.
"It was Alexander Hamilton, the first secretary of
the treasury, who compromised the new nation, through what he admitted was
"corruption," by giving the wealthy speculators in Revolutionary War bonds the
benefit of federally-sponsored redemption and then by establishing the First
Bank of the US. This early drift toward elitist rule was opposed by
James Madison, and others." - Richard
C. Cook1791 Newly appointed
First Secretary of the Treasury,
proposed a bill to the Congress calling for a new privately owned central bank.
Alexander Hamilton manages to get a new privately owned central bank
through the new Congress.
The Bank of North America becomes the First
Bank of the US.
Baron James de Rothschild of Paris was the principal
Robert Morris controlled it, Thomas Willing was the Bank's
"The bill for establishing a national bank
undertakes, among other things:
1. To form the subscribers into a
2. To enable them, in their
to receive grants of lands; and, so far, is against the laws of mortmain.
3. To make alien subscribers capable of holding lands; and so far is
against the laws of alienage.
4. To transmit these lands, on the death
of a proprietor, to a certain line of successors changes the course of
5. To put the lands out of the reach of forfeiture, or
escheat; and so far, is against the laws of forfeiture and escheat.
To transmit personal chattels to
successors, in a certain line; and so far, is against the laws of
7. To give them the sole and exclusive right of banking,
under the national authority, is against the laws of
8. To communicate to
them a power to make laws, paramount to the laws of the states; for so they
must be construed, to protect the
institution from the control of the state legislatures; and so probably
they will be construed.
I consider the foundation of the Constitution
as laid on this ground - that all powers not delegated to the US, by the
Constitution, nor prohibited by it to the states, are reserved to the states,
or to the people. To take a single step beyond the boundaries thus specially
drawn around the powers of Congress, is to take possession of a boundless field
of power, no longer susceptible of any definition.
The incorporation of
a bank, and the powers assumed by this bill, have not, in my opinion, been
delegated to the United States by the Constitution." -
February 15, 1791
1796 First Bank of
the US has been controlling the American money supply for 5 years.
During this time the US government has borrowed $8,200,000 from this
central bank, and prices in America have increased by 72%.
"I wish it
were possible to obtain a single amendment to our Constitution taking from the
US government their power of borrowing." -
Thomas Jefferson, Secretary of
1798 Mayer Amschel
Rothschild sends his son, Nathan, at the age
of 21, to England with a sum of money equivalent to £20,000, to set up a
money exchange there.
1800 Rothschilds hire general
Napoleon Bonaparte of the
French Revolutionary Army to restore order.
The privately owned
central bank of France, is founded.
"The bankers owned its shares, and even Napoleon himself bought
shares in the bank." - Andrew Gavin Marshall
Napoleon Bonaparte decides France has to break
free of debt.
declares that when a government is dependent on bankers for money, it is
bankers, not government leaders in control.
hand that gives is among the
hand that takes.
Money has no motherland,
financiers are without patriotism and without decency, their sole object is
gain." - Napoleon
1801 William IX, Landgrave of
Hesse-Kassell, formally designated Mayer Amschel Bauer
Bonaparte strikes a deal with Thomas Jefferson, the Louisiana
purchase, exchanging the Mississippi basin for $3,000,000 in gold which
Napoleon Bonaparte uses to
hire an army for the Napoleonic Wars: the War of the Third Coalition (1805),
the War of the Fourth Coalition (1806-7), the War of the Fifth Coalition
(1809), the War of the Sixth Coalition (1813), and the War of the Seventh
Before industrilization military forces were
organized around "foraging" principles. Soldiers extensively interacted with
locals to acquire supplies in the conflict zone. As they moved forward they
stripped the land to continue the forward march.
This is how the
Russian scorched earth policy worked in defeating Napoleon.
Napoleonic Wars have profound consequences for global and European history,
leading to the spread of nationalism and liberalism, the rise of the British
Empire as the premier world power, the independence movements in Latin America
and the collapse of the Spanish Empire, the fundamental reorganization of
German and Italian territories into larger states, and the establishment of
radically new methods in warfare.
Land warfare becomes
dependent on mechanized travel.
The Bank of England quickly rises
to oppose Napoleon Bonaparte
and finances every nation in his path
profiteering from war.
Austria, and then finally
Russia all go heavily into
debt to City of
London Money Power.
Napoleon falls, there
remained but one grand imperialism in the world - the imperialism of massive
capital - the Money Power in the City of
1806 Landgrave of Hesse-Kassell,
William IX flees to Denmark, leaving 600,000 lb (about $3,000,000) with Mayer
Amschel Bauer for safekeeping when Hesse-Kassel is annexed by the Kingdom of
Westphalia, ruled by Jérôme Bonaparte, Napoleon's brother.
These funds were to go to the mercenaries or their dependants and not
to the Landgrave as the agreement-for-hire did not expire when peace was
declared, but only one full year after the peace was declared and only when the
mercenaries had returned home.
Instead of the principal being sent to
Kassel, the home of the Landgrave, the money is retained in England where it
was invested. Interest is paid to the Landgrave in drafts. The money actually
transferred to Kassel was then used to provide high interest loans to other
This resulted in a tremendous movement of funds in and
out of Kassel with substantial income for the Landgrave, who had taken up with
the Thurn und Taxis family (Grafschaft Thurn und Taxis,
State of the Holy Roman Empire)
who held the postal monopoly for all of Europe. The mercenaries, who had done
the most to earn the money, got nothing, but the bare promised amounts, as they
were not privy to the "private" interest bearing side-agreements done behind
1811 A bill is put before Congress
to renew the charter of the First
Bank of the US. The legislatures of both Pennsylvania and Virginia pass
resolutions asking Congress to kill the bank. The national press openly attacks
the bank: a great swindle; a vulture; a viper; and a coiled
"Either the application for renewal of the charter is granted,
the US will find itself involved in a most disastrous war." - Nathan Mayer
The renewal bill
clears the House of Represenatives by a single vote and becomes deadlocked in
the Senate. James Madison, a
staunch opponent of the central bank, sends his Vice-President, George Clinton,
to break the tie in the Senate which kills the central bank.
1812 The charter for the First Bank of the US is not
renewed and the British
attack America. As the British are still busy fighting Napoleon Bonaparte they are unable to mount much of an
assault and the war ends in 1814 with America undefeated.
have too many war fronts! This is the begining of the end of the British
Brown establishes William Brown & Co. in England.
British Treasury owes a debt of £ 885,000,000,
much due to the compounding of interest, to the Bank of England.
1818 John Alexander Brown establishes John A. Brown and Co. in
1825 James Brown establishes Brown
Brothers & Co. on Pine Street in New York.
1833 Brown Brothers & Co. relocates to Wall Street.
Panic of 1837
Brown Brothers withdraws from the lending business to focus on currency
exchange and international trade.
Civil War Brown Brothers ships
carried 75% of the slave cotton from the
American South to British mill owners.
Moses Taylor, Chairman of the Loan
Committee to finance the Union
Government in the Civil War, offers the government another $5,000,000 at
12% to continue financing the war by shaving 33% off
Colonel Dick Taylor of Chicago suggests to
Abraham Lincoln to get Congress to
pass a bill authorizing the printing of full legal tender treasury notes.
When Abraham Lincoln asked
Colonel Taylor if the people of the US would accept the notes, Colonel Taylor
replied, "The people or anyone else will not have any
choice in the matter, if
you make them full legal tender. They will have the full sanction of the
government and be just as good as any money, as
Congress is given that express right by
"To pay the soldiers the Government issued
Treasury notes, authorized by act of Congress, July 17, 1861, for $50,000,000,
bearing no interest. These notes circulated at par with gold. Rothschild agents
inspired the American banks to offer to Lincoln a loan of up to $150 million.
But before they had taken much of the loan, the banks broke down and suspended
specie payments in December 1861. They wished to
blackmail Lincoln and
demanded the 'shaving' of government paper to the extent of 33%, an
extortion which was refused. A bill
drafted for government issue of $150 million, which should be full legal tender
for every debt in the US, passed the House of Representatives Feb. 25, 1862,
and was hailed with delight by the entire country. The Wall Street bankers were
furious." - Arthur Cherep-Spiridovich
1862 Legal Tender Act of 1862, allows the printing of $150
million Greenback with the Treasury acting as the
"The government should create, issue and circulate all the
currency and credit needed to satisfy the spending power of the Government and
the buying power of the people. The privilege of creating and issuing money is
not only the supreme prerogative of government, but it is in the government's
greatest creative opportunity. By the adoption of these principles the
taxpayers will be saved immense sums of interest.
Money will cease to be master
and become the servant of humanity." - Abraham Lincoln
July 11, 1862 Second Legal Tender Act
enacted allows another $150 million Greenback to
"If that mischievous financial policy, which had its origin
in the North American Republic, should become indurated down to a fixture, then
that government will furnish its own money without cost. It will pay off
debts and be without a debt. It will have all the money necessary to carry on
its commerce. It will become prosperous beyond precedent in the history of
civilized governments of the world. The brains and the wealth of all countries
will go to North America. That government must be destroyed or it will destroy
every monarchy on the globe." - The Times of
"Slavery is likely to be abolished by the war power
and chattel slavery
destroyed. This I and my European friends are glad of, for slavery is but the
owning of labor and carries with it the care of the laborer, while
the European plan led by England is for
capital to control labor by controlling wages. This
can be done by controlling the money. The great
debt must be used as a means to control the volume of money. To accomplish
this the BONDS must be
used as a banking basis. We
are now waiting for the Secretary of the Treasury to make his recommendation to
Congress. It will not do to allow the Greenback, as it is called, to circulate as money any
length of time, as we cannot control that." - Hazzard Circular sent in 1862 by
the Bank of England
March 3, 1863 Third Legal Tender Act allows another $150
million Greenback to be printed.
June 3, 1864 Abraham Lincoln, failing to garner
congressional authority to print more Greenback
signs the National Banking Act into law.
National Banking Act specifies the entire US
money supply would be forged out of debt by the national banks buying US bonds
and issuing them as reserves for banknotes. On top of this
monopoly, the national banks are allowed
to operate under a virtual tax free status.
While the North was being
financed by the Rothschilds through their American agent, August Belmont,
the South was being financed through the Erlangers, Rothschild
"The agents of the banks fell upon the bill in haste and
disfigured it." - Thaddeus Stevens, Chairman of the Committee on Ways and Means
of the House of Representatives
"In numerous years following the war,
the Federal Government ran a heavy surplus. It could not however pay off its
debt, retire its securities, because to do so meant there would be no bonds to
back the national bank notes. To pay off the debt was to destroy the money
supply." - John Kenneth
Czar Alexander II stated
Russia would consider active British
or French military action a declaration of war and sent part of his Pacific
Fleet to San Francisco.
Alexander II, like Otto
Von Bismarck in Germany, could clearly see what the soulless central
bankers were up to, indeed he had already refused to let them set up a central
bank in Russia.
Lincoln is re-elected. On November 21
Abraham Lincoln wrote a friend the
following, "The money power preys upon the nations in times of peace and
conspires against it in times of adversity. It is more despotic than monarchy,
more insolent than autocracy, more
Salomon P Chase, now
Abraham Lincoln's former Secretary
to the Treasury, stated, "My agency in promoting the passage of the National
Banking Act was the greatest financial mistake in my life. It has built up
a monopoly which affects every interest
in the country."
"While boasting of our noble deeds we're careful to
conceal the ugly fact that by an iniquitous money system we have nationalized a
system of oppression which, though
more refined, is not less cruel than
the old system of chattel
slavery." - Horace
"Importers were obliged to go to Wall Street to buy gold to
pay duties on their goods, and the Wall Street gamblers held the power to fix
the price. Gold went to a premium. Had the greenbacks been permitted to retain
their full legal tender quality, there would have been no need for gold to pay
import duties. The price of gold rapidly rose and before the war closed had
reached the price of $2.85, measured in greenbacks. Thus during the entire war
these gold gamblers speculated in gold, making fortunes from
the blood and tears of the American people.
This 'sacred war debt' was only a gigantic of fraud, concocted by European
capitalists and enacted into American law by the aid of American congressmen,
who were their paid hirelings or their ignorant dupes." - Mrs M. E.
Abraham Lincoln is assassinated by
John Wilkes Booth, at Ford's Theater. Subsequent allegations that international
bankers were responsible for Abraham
Lincoln's assassination surfaced in the Canadian House of Commons in 1934.
Gerald G. McGeer obtained evidence deleted from the public record
provided to him by Secret Service Agents at the trial of John Wilkes Booth,
after Booth's death. Gerald G. McGeer stated that it showed that John Wilkes
Booth was a mercenary working for the soulless central bankers.
"They were the men opposed to his
national currency program and who had fought him throughout the whole
Civil War on his policy of
Greenback currency. They were the men interested
in the establishment of the Gold Standard and the right of the bankers
to manage the currency and credit of every nation in the world. With
Abraham Lincoln out of the way
they were able to proceed with that plan and did proceed with it in the United
States. Within 8 years after Abraham
was demonetized and the Gold Standard system set up in the US." - Gerald
G. McGee, Vancouver Sun, May 2, 1934
"It was during the
Civil War that the conspirators launched their
first concrete efforts. We know that Judah Benjamin, chief advisor of Jefferson
Davis, was a Rothschild agent. We also know that there were Rothschild agents
planted in Abraham Lincoln's cabinet who tried to sell him into a financial
dealing with the House of Rothschild. But old Abe saw through the scheme and
bluntly rejected it thereby incurring the undying enmity of the Rothschilds;
exactly as the Russian Czar did when he torpedoed their first League of Nations
at the Congress in Vienna. Investigation of the assassination of Lincoln
revealed that the assassin Booth was a member of a secret
conspiratorial group. " - Myron
The soulless central bankers wanted the reinstitution of a
central bank under their control and an American currency backed by gold.
Gold was chosen as gold had always
been relatively scarce, was a lot easier to monopolize , than silver - now plentifully
found in huge quantities in Aspen, Caribou, Telluride and Leadville Colorado,
Virginia City Nevada and the Calico Mountains of California.
1866 Congress passed the,
"Contraction Act," which authorized the Secretary of the Treasury to
contract the money supply by retiring some of the Greenback in circulation.
hard times which occurred after
the Civil War could have been avoided if the Greenback legislation had continued as
Abraham Lincoln had intended.
Instead there were a series of money panics, what we call
recessions, which put pressure on Congress to enact legislation to place the
banking system under centralized control. " - Theodore R. Thoren and Richard F.
"The Jews are a class violating every regulation
of trade established by the
and also department orders and are herein expelled from the department within
24 hours from receipt of this order." -
Ulysses S. Grant (Hiram
Congress passes the "Contraction
Act"The money supply falls as currency is
1866 - $1,800,000,000 in circulation
- approximately $50.46 per capita
$1,300,000,000 in circulation - approximately $44.00 per capita
1876 - $600,000,000 in circulation - approximately $14.60 per
1886 - $400,000,000 in circulation -
approximately $6.67 per capita
1872 Ernest Seyd is sent to America and
given $100,000 to use to bribe as many Congressmen as
necessary for the purposes of getting silver demonetized.
Ulysses S. Grant signs the
Coinage Act(H. R. 2934 written in 67 sections filling 35 pages of the
House Journal on May 27, 1872) which results in the minting of silver dollars
being abruptly stopped.
Representative Samuel Hooper, who introduced
the bill in the house, admitted Ernest Seyd drafted the legislation. Western
mining interests and others who wanted silver in circulation labeled this
measure the "Crime of
went to America in the winter of 1872 - 1873, authorized to secure, if I could,
the passage of a bill demonetizing silver. It was in the interests of those I represented, the
governors of the Bank of England, to have it done. By 1873, gold coins were the
only form of coin money." - Ernest Seyd
One third of the workforce is unemployed and unrest is growing. There are even
calls for a return to Greenback or silver.
Congress creates the US Silver Commission to investigate the
problem. This commission states that the deliberate contraction of the money
supply forged the current "monetary crisis."
disaster of the Dark Ages was
caused by decreasing money and falling prices. Without money, civilization
could not have had a beginning, and with a diminishing supply, it must
languish, and unless relieved, finally perish. History records no other such
disastrous transition as that from the
Roman Empire to the
Dark Ages." - US Silver
Despite this report no action is taken.
Rioting breaks out from Pittsburgh to Chicago.
American Bankers Association urges
membership to do everything in their power to put down any notion of a return
The American Bankers Association
secretary, James Buel, writes a letter to the members:
"It is advisable
to do all in your power to sustain such prominent daily and weekly
the Agricultural and Religious Press, as well as oppose the
Greenback issue of paper money and that you will
also withhold patronage from all applicants who are not willing to oppose the
government issue of money. To repeal the Act creating bank notes, or to restore
to circulation issue of money will be to provide the people with money and will
therefore seriously affect our individual profits as bankers and lenders. See
your Congressman at once and engage him to support our interests that we may
control legislation." - Secretary James Buel of the Associated Bankers of New
York, Philadelphia, and Boston
passed the "Sherman Law." This law allowed the minting of a limited
number of silver dollars, ending the 5 year hiatus. However this did not mean
that anyone who brought silver to the US Mint could have it struck into silver
dollars, free of charge, as in the period prior to Ernest Seyd's Coinage Act
in 1873. Gold backing of the
American currency also remains. The Sherman Law ensures that some money begans
to flow into the economy again.
James Abram Garfield, Chairman of the Appropriations Committee and a member of
Banking and Currency, is elected as the 20th President of the
"Whosoever 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." - James Abram Garfield
July 2, 1881
James Abram Garfield is shot by the assassin Charles J.
The farmer is the man 1891 28% of all farms are rented by tenants.
The farmer is the
Lives on credit till the fall
With the interest rates so high
a wonder he don't die
the mortgage man's the one that gets it all
Populist Movement poem
By 1900 there are 4.5 million
"We are authorizing our loan officers from the
Western States to loan on properties, monies repayable by September 1st, 1894.
No fatal date is to exceed this date. On September 1st, 1894, we shall
categorically refuse all loan renewals. On that day, we shall
demand the repayment of our money, under penalty of
foreclosure on collaterals. The
mortgaged properties will become ours. (Money will have become scarce
beforehand, and the repayments will have become generally impossible.) We'll
thus be able to acquire, at a price agreeable to us, two-thirds of the
farms west of the Mississippi and thousands
more east of this great river. We'll even be able to possess three quarters of
the western farms as well as all the money
in the country. The farmers will then become
land tenants only, just like in England." - confidential banker's leaflet
1892 "Let us make use of the courts. Let us
go forward as fast as possible at perceiving debts, at foreclosing (depriving of recourse to
justice when a certain time limit has been transgressed) on debentures and
mortgages. When, through the law's intervention,
the common people shall have lost their
homes, they will be more easy to control and more easy to govern, and they
shall not be able to resist the strong hand of the government acting in
accordance with the orders of the central power of imperial wealth, under the
control of the leaders of finance. Our top leaders are perfectly aware of the
truth. They are presently working at establishing an imperialism of capital to
rule the world. But while they are implementing this plan, they must keep the
people busy with political antagonisms." - United States Bankers' Magazine
1893 "The interests of national banks
require immediate financial legislation by Congress (the US Government).
Silver, silver certificates, and Treasury bonds (that is to say, all the
Government's money) must be retired, and National Bank Notes made the only
money. This will require the authorization of $500 million to $1 billion of new
bonds as the basis of circulation. You will at once retire one-third of your
circulation (your paper money) and call in one-half of your loans. Be careful
to make a monetary stringency among your patrons, especially among influential
businessmen. Advocate an extra session of Congress to repeal the purchasing
clause of the Sherman Law, and act with other banks of your city in
securing a large petition to Congress for its unconditional repeal per
accompanying form. Use personal influence with your Congressmen, and
particularly let your wishes be known to your Senators. The future life of
national banks depends upon immediate action, as there is an increasing
sentiment in favor of government legal-tender notes and silver coinage."-
"The Panic Circular", American Bankers' Association 1893
"The year 1893 saw the biggest economic crisis in the country's
history. After several decades of wild industrial growth, financial
manipulation, uncontrolled speculation and profiteering, it all collapsed: 642
banks failed and 16,000 businesses closed down. Out of the labor force of 15
million, 3 million were unemployed." -
1894 "Were the Government to establish banks as depositories
for all the money in the country it is safe to presume that nearly all the
money in the country would come into these banks. We cannot enumerate in an
hour all the benefits of government ownership of the banking system but you
will recognize the following:
I. Absolute safety of the bank as a place
for depositing money.
Relief from anxiety to all
persons who deposit money in the banks.
III. The inducement for the
common people to acquire and save money that they may place it in the bank and
get 3 per cent interest on their deposits.
IV. The constant abundance
of money in the bank by which any person can always borrow who has security.
V. The absolute impartiality by which the poor can borrow as cheaply as
the rich, the man in Idaho borrow as cheaply as the man in New York.
VI. Freedom from broken banks, which precipitate the financial panic,
which shut down business, which starves out the laboring man, which compels the
poor to sell for what they can get in order to have something to eat.
VII. Freedom from the hard times, resulting from bank failures, in
which period the rich take advantage of the poor, who are out of work, to buy
that which they are compelled to sell at a quarter of the value.
Freedom from the distressed
conditions from time to time in which the millionaire so rapidly doubles
and trebles his fortune.
IX. The abolition of the chattel mortgage
shark that gets his 5 per cent a month when banks are failing and money is
X. The abolition of the money broker who gets his living
through the simple finding of places where money can be borrowed during the
continual period of hard times.
XI. The settled financial conditions by
which people can know what to depend upon when they engage in business.
XII. The immense revenue to the Government - a clear profit over and
above all present means of revenue.
XIII. Freedom from the expense
borne by people who pay annually hundreds of thousands of dollars to save
manufacturers and the proprietors of depositories for the custody of money in
these hiding places.
XIV. The convenience and safety from robbery of
doing business with checks instead of being compelled to carry and use money in
all business, transactions.
XV. The low rate of interest to borrowers
by which the money expended in interest can be saved and put into general
circulation instead of going into rich money loaner's hands at the great
financial centers." - Thomas E. Hill
Supreme Court finds an income tax law similar to the 16th amendment
1896 The central issue in the
Presidential campaign is the issue of more silver money. Senator William
Jennings Bryan from Nebraska makes an emotional speech at the Democratic
National Convention in Chicago, labeled, "Crown Of Thorns And Cross Of
"We will answer their demand for a Gold Standard by saying to
them, you shall not press down upon the brow of labor this crown of thorns, you
shall not crucify mankind upon a
cross of gold." - Senator Jennings Bryan
William McKinley favors the
Gold Standard. Manufacturers and
industrialists inform their employees that if William Jennings Bryan is
elected, all factories and plants would close and there will be no work.
William McKinley beats William Jennings Bryan by a small
one hand there is the party which holds the power because it holds the wealth,
which has in its grasp all labor and all trade, which manipulates for its own
benefit and its own purposes all the sources of supply, and which is powerfully
represented in the councils of State itself. On the other side there is the
needy and powerless multitude,
sore and suffering. Rapacious usury, which, although more than once condemned
by the Church, is nevertheless under a different form but with the same guilt,
still practiced by avaricious and grasping men so that a small number of very
rich men have been able to lay upon the masses of the poor a yoke little better
than slavery itself." - Pope Leo XIII
The US annexes
Guam, the Philippine Islands,
Puerto Rico and gains temporary control over
The Anti-Imperialist League
opposed annexation on economic, legal, and
Propaganda identifies William
McKinley as an imperialist.
McKinley is re-elected with imperialist
foreign policy paramount.
William Jennings Bryan did not want war with Spain, opposed the
annexation of the Philippines and still campaigned for silver money.
William McKinley claimed to want American producers supreme in world
markets and after the passage
of the Gold Standard Act of 1900 William McKinley easily won
1901 Leon Frank Czolgosz
assassinates William McKinley.
Leon Frank Czolgosz was heavy influenced
by the anarchists Emma Goldman and
Ovsei Osipovich Berkman who are deported under the Anarchist Exclusion Act
1907 Two stock market crashesoccur.
In March 1907 and then again in October 1907 with the stock market falling
nearly 50% from its peak in 1906. There were numerous runs on banks and trust
companies leading to the closings of many banks and businesses.
Shortly before the
Panic of 1907
Jacob Hirsch Schiff, the head of
Kuhn & Loeb, speaking to
the New York Chamber of Commerce:
"Unless we have a central bank
with adequate control of credit resources, this country is going to undergo the
most severe and far reaching money panic in its history."
John Pierpont Morgan,
threatened by the developing trusts, refuses to help Knickerbocker Trust
which is experiencing a run on deposits as Charles T. Barney, the
president of Knickerbocker Trust is connected to Charles Morse and his
partners Otto and Augustus Heinze, who have failed in a
hostile takeover attempt of
United Copper .
October 21 National Bank of Commerce announces it
will stop accepting cheques from Knickerbocker Trust and
Knickerbocker Trust collapses.
New York Times runs front-page article
describing the run on the Knickerbocker Trust with a companion article
describing the Trust Company of America, the second largest trust in New
York City, as the current "sore point" in the panic according to George W.
Perkins, a senior Morgan partner.
"Oakleigh Thorne testified before a
congressional committee that his bank had been subjected to only moderate
that he had not applied for help, and that it was the
[Morgan's] 'sore point' statement alone that had caused the run on his bank.
Morgan interests took advantage of the unsettled conditions during the autumn
of 1907 to precipitate the panic, guiding it shrewdly as it progressed so that
it would kill off rival banks and consolidate the preeminence of the banks
within the Morgan orbit." - Frederick Lewis Allen, Life Magazine April
Morgan publicly announces he will provide
liquidity to the Trust Company
of America to stave off collapse. John Pierpont Morgan takes control of
many smaller New York banks by manufacturing over $40,000,000 completely
reserveless private money (fungible instruments), purchasing goods and services
with it while sending some of it to his branch banks to be lent out at
"Capital must protect itself in every way.
Debts must be collected and loans and
mortgages foreclosed as soon as possible. When through a process of law the
common people have lost their homes, they will be more tractable and more
easily governed by the strong arm of the law applied by the central power of
leading financiers. People without homes will not quarrel with their leaders.
This is well known among our principle men now engaged in forming an
imperialism of capitalism to govern the world. By
dividing the people we can get them
to expend their energies in fighting over questions of no importance to us
except as teachers of the common herd." - John Pierpont Morgan
"A study of the
panics of 1873, 1893, and 1907 indicates that these
panics were the result of the international banker
operations in London." - Eustace Mullins
Theodore Roosevelt signs into
law a bill creating the, "National Monetary Commission." This commission
is packed with John Pierpont Morgan's friends and cronies included chairman
Senator Nelson Wilmarth Aldrich
representing America's richest banking families from Newport Rhode
Nelson Wilmarth Aldrich's daughter Abby married
John D. Rockefeller Jr.,
and together they had five sons including
Nelson who would
become Vice President in 1974 and David who would become Head of the
Foreign Relations. Nelson Wilmarth Aldrich's son Winthrop Aldrich became
chairman of the Chase National Bank.
Following the setting up of this National Monetary Commission, Nelson
Wilmarth Aldrich immediately embarks on a 2 year 'fact finding' tour of Europe,
where he consulted at length with the central bankers in England, France, and
Germany, or rather Rothschild, Rothschild, and Rothschild.
"Finance and the tariff are reserved by Nelson Aldrich as falling
within his sole purview and jurisdiction. Mr. Aldrich is endeavoring to devise,
through the National Monetary Commission, a banking and currency law. A great
many are firmly of the opinion that Mr. Aldrich sums up in his personality the
greatest and most sinister menace to the popular welfare of the US." -
Harper's Weekly, May 7, 1910
after Nelson Wilmarth Aldrich return America's most wealthy and powerful men
board Nelson Wilmarth Aldrich's private railcar in the strictest secrecy and
they journey to Jekyll
Island off the coast of Georgia.
In this group is
Paul Warburg who has been
lobbying for a privately owned central bank in America and
Jacob Hirsch Schiff who had purchased
control of Kuhn & Loeb shortly
after he arrived in America from England.
Warburgs and Schiffs
are interconnected by marriage.
Paul Warburg married Nina Loeb, daughter of
Solomon Loeb of Kuhn, Loeb & incorporation.
Felix Warburg married
Frieda Schiff, daughter of Jacob
President of National City Bank confirmed
the Jekyll Island trip in a 9th February 1935 edition of the Saturday
Evening Post in which he stated, "I was as secretive indeed, as furtive as
any conspirator. Discovery we knew, simply must not happen, or else all our
time and effort would be wasted. If it were to be exposed that our particular
group had got together and written a banking bill, that bill would have no
chance whatever of passage by Congress."
"In the US today 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." - Represenative Wright Patman,
Chairman of the House Banking Committee
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This website defines a
new perspective with which to engage reality to which its author adheres. The
author feels that the falsification of reality outside personal experience has
forged a populace unable to discern propaganda from reality and that this has
been done purposefully by an international corporate cartel through their
agents who wish to foist a corrupt version of reality on the human race.
Religious intolerance occurs when any group refuses to tolerate religious
practices, religious beliefs or persons due to their philosophical ideology.
This web site marks the founding of a system of philosophy named The Truth of
the Way of Life - a rational gnostic mystery religion based on reason which
requires no leap of faith, accepts no tithes, has no supreme leader, no church
buildings and in which each and every individual is encouraged to develop a
personal relation with the Creator and Sustainer through the pursuit of the
knowledge of reality in the hope of curing the spiritual corruption that has
enveloped the human spirit. The tenets of The Truth of the Way of Life are
spelled out in detail on this web site by the author. Violent acts against
individuals due to their religious beliefs in America is considered a "hate
This web site in no way condones violence. To the contrary the
intent here is to reduce the violence that is already occurring due to the
international corporate cartels desire to control the human race. The
international corporate cartel already controls the world central banking
system, corporate media worldwide, the global industrial military entertainment
complex and is responsible for the collapse of morals, the elevation of
self-centered behavior and the destruction of global ecosystems. Civilization
is based on cooperation. Cooperation does not occur at the point of a
American social mores and values have declined precipitously over
the last century as the corrupt international cartel has garnered more and more
power. This power rests in the ability to deceive the populace in general
through corporate media by pressing emotional buttons which have been
preprogrammed into the population through prior corporate media psychological
operations. The results have been the destruction of the family and the
destruction of social structures that do not adhere to the corrupt
international elites vision of a perfect world. Through distraction and
coercion the direction of thought of the bulk of the population has been
directed toward solutions proposed by the corrupt international elite that
further consolidates their power and which further their purposes.
views and opinions presented on this web site are the views and opinions of
individual human men and women that, through their writings, showed the
capacity for intelligent, reasonable, rational, insightful and unpopular
thought. All factual information presented on this web site is believed to be
true and accurate and is presented as originally presented in print media which
may or may not have originally presented the facts truthfully. Opinion and
thoughts have been adapted, edited, corrected, redacted, combined, added to,
re-edited and re-corrected as nearly all opinion and thought has been
throughout time but has been done so in the spirit of the original writer with
the intent of making his or her thoughts and opinions clearer and relevant to
the reader in the present time.
Fair Use Notice
This site may contain copyrighted material the use of which has
not always been specifically authorized by the copyright owner. We are making
such material available in our efforts to advance understanding of criminal
justice, human rights, political, economic, democratic,
scientific, and social
justice issues, etc. We believe this constitutes a 'fair use' of any such
copyrighted material as provided for in section 107 of the US Copyright Law. In
accordance with Title 17 U.S.C. Section 107, the material on this site is
distributed without profit to those who have
expressed a prior interest in receiving the included information for research
and educational purposes. For more information see:
www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted
material from this site for purposes of your own that go beyond 'fair use', you
must obtain permission from the copyright owner.
© Lawrence Turner
All Rights Reserved