I think as long as we have Greenspan, we are ok. But the position he holds is more powerful than Morgan ever was. And some of his predecessors treat the position as if they are the high priest of money. And do a terrible job at it, I might add.
The history of America is almost like a battle between presidents and bankers. I think that is important to show that the Fed is unconstitutional. I haven't gotten to the tax part yet. I am not calling for a Revolution. I think that a case can be made that the laws should be reexamined.
Rant:
From the autobiography of Ben Franklin as reported by Gertrude Coogan in
"Money Creators":
...the inability of the colonists to get the power to issue their own money
permanently out of the hands of George III and the international bankers
was the PRIME reason for the Revolutionary War. (Reference 4).
Ben Franklin answering a question about the booming economy of the young
colonies: "That is simple. In the colonies we issue our own money. It is
called Colonial Scrip. We issue it in proper proportions to the demands of
trade and industry." (Colonial Scrip had no debt or interest attached.)
(Reference 4)
BANK OF AMERICA
---------------
International bankers saw that interest-free scrip would keep America free
of their influence, so by 1781 banker-backed Alexander Hamilton succeeded
in starting the Bank of America. After a few years of "bank money", the
prosperity of "Colonial Scrip" was gone. Benjamin Franklin said,
"Conditions were so reversed that the era of prosperity had ended and a
depression set in to such an extent that the streets of the Colonies were
filled with the unemployed!" Bank money was like our FED money. It had debt
and interest attached. By 1790 Hamilton and his bankers had created a
privately owned central bank and converted the public debt (interest-free)
into interest bearing bonds, payable to the bankers. When Hamilton's bank
charter expired in 1811, the international bankers started the war of 1812.
By 1816, another privately-owned U.S. bank was started with $35 million in
assets - only $7 million of that was owned by the government. This bank
lasted for 20 years. U.S. history shows that currency with debt and
interest attached created a depression. (Reference 4)
ANDREW JACKSON - A GREAT PRESIDENT!
-----------------------------------
When the 1816 charter expired in 1836, Andrew Jackson vetoed its renewal.
It was then that he made two famous statements: "The Bank is trying to kill
me - but I will kill it!" Later he said "If the American people only
understood the rank injustice of our money and banking system - there would
be a revolution before morning..." (Reference 4)
ABRAHAM LINCOLN - ANOTHER GREAT PRESIDENT!
------------------------------------------
President Lincoln needed money to finance the Civil War, and the
international bankers offered him loans at 24-36% interest. Lincoln balked
at their demands because he didn't want to plunge the nation into such a
huge debt. Lincoln approached Congress about passing a law to authorize the
printing of U.S. Treasury Notes. Lincoln said "We gave the people of this
Republic the greatest blessing they ever had - their own paper money to pay
their debts..." Lincoln printed over 400 million "Greenbacks" (debt and
interest-free) and paid the soldiers, U.S. government employees, and bought
war supplies. The international bankers didn't like it and wanted Lincoln
to borrow the money from them so that the American people would owe
tremendous interest on the loan. Lincoln's solution made this seem
ridiculous. (Reference 1, P. 46, 47; Reference 4)
Shortly after Lincoln's death, the government revoked the Greenback law
which ended Lincoln's debt-free, interest-free money. A new national
banking act was enacted and all money became interest bearing again.
(Reference 4)
The late Thomas A Edison explained the matter of issuing currency this way:
"If our nation can issue a dollar bond (interest bearing) it can issue a
dollar bill (interest-free). The element that makes the bond good makes a
bill good also. The difference between the bond and the bill is that the
bond lets money brokers collect twice the amount of the bond and an
additional 20 percent, whereas the currency pays nobody but those who
contribute directly in some useful way. It is absurd to say that our
country can issue $30 million in bonds and not $30 million in currency.
Both are promises to pay: But one promise fattens the usurers (interest
collectors) and the other helps the people." (Reference 1, P. 46)
The FED is owned largely by foreign banks that control our economy and
Congress through the power of money and the media which they bought with
profits generated with profits generated by artificial debt.
If we can convert U.S. dollars that are debt and interest-free to interest
bearing currency, we can change it back just as easily. Both the media and
the banking system will probably claim that such a change will cause hyper-
inflation. The answer however, can be found in history. Lincoln printed
debt and interest-free Greenbacks (cash) to finance an entire war. With
added production you can add currency without having hyper-inflation.
Lincoln proved it. John F. Kennedy - a President with vision! On June 4,
1964, President Kennedy issued Executive Order 11110. This Executive Order
called for the issuance of new currency - the United States Note. At the
time, $4,292,893 of this currency was put into circulation. This new
currency was to be distributed through the U.S. Treasury and not the
Federal Reserve System. Furthermore, it was to be issued debt and
interest-free. Upon Kennedy's assassination, this currency was withdrawn
from circulation, never to be issued again. The media remained silent on
how Kennedy would have eliminated the debt and interest payments, and
therefore eliminated the FED. Interest-free United States Notes do not
result in hyper-inflation. By issuing United States Notes, interest-free,
we have less interest expense, and less taxes. With less taxes people spend
more and buy more. This result is added production, and therefore, you can
add dollars without inflation. Either Rockefeller and his people will spend
your tax money into the economy or you get to spend your own money by
paying less taxes. The bankers want you to think you'll have mass inflation
by changing the system. This is only true if you add dollars to the economy
without added production. For example, look what happened in post World War
I Germany. They merely printed money without increasing production. The
result was hyper-inflation. Another example: In the entire economy, if you
have only 10 loaves of bread and only $10, each loaf would sell for $1. If
you print an extra $10, now you have $20 and the 10 loaves which would sell
for $2 each. This is only true if we don't have added production. By
cutting taxes, people will spend more and buy more bread. If we print more
money and bake more bread, we have $50 and 50 loaves, so each loaf still
sells for $1. As long as you monitor production with increased cash,
inflation will not occur. Under the FED system, the price of bread has
dramatically increased since 1913. If we cut taxes and YOU spend your money
instead of the BANKERS spending it, you will have more bread, cars, and
wealth than the bankers. SOMEONE will spend your money - it might as well
be YOU!
A FED-like banking system has destroyed other governments. In five years
the only thing taxes will pay is the interest on the debt. Clearly, the FED
must be abolished before we're demolished! Already laws are set up to have
a dictatorship when we have the economic crisis (Federal Emergency
Management Act, or FEMA).
Under the FED system, when a new dollar is issued, we pay taxes to pay for
the dollar as the principal (debt) plus interest on the dollar. We pay for
each new dollar twice, and who gets most of the money? The bankers, who
control this money. Taxpayers should only pay taxes for the paper, ink, and
printing costs of new money. Why should we give bankers the right to print
money on a printing press, charge them no interest on this money, and then
let them exchange their "free" money for a government bond that pays them
interest??
England never gave up on owning the United States. They are still silently
fighting the same Revolutionary War. The Bank of England, through the
Rothschilds, owns and controls the FED (Reference 22). We have been robbed
of our wealth, and in five years we will be bankrupt if there is no change.
The FED bankers will LEGALLY OWN OUR NATION; OUR HOUSES, OUR CARS, OUR
BUSINESSES, just as Thomas Jefferson predicted. |
