Tuesday, December 17, 2013

Debt Overlord: The Federal Reserve Turns 100 On 12.23.2013

Prohibition RevueOn November 22, 1910 a few shadowy characters stole out of New York to rendezvous at Jekyll Island GA to convene a secretive meeting. Their meeting was supposedly in response to the bank failure in 1907. Their goal was to create a federal bank to control money policy and prevent depressions…like what happened in 1929. The meeting featured the top names in American banking, who happened to be the same ones that caused the 1907 crash, and profited from it. The American bankers plus Senator Nelson Aldrich and Paul Warburg, from Germany, agreed in principle to a central bank bill. Then this secretive bunch went out duck hunting. Forbes magazine founder Bertie Charles Forbes wrote several years later:


Picture a party of the nation’s greatest bankers stealing out of New York on a private railroad car under cover of darkness, stealthily riding hundreds of miles South, embarking on a mysterious launch, sneaking onto an island deserted by all but a few servants, living there a full week under such rigid secrecy that the names of not one of them was once mentioned, lest the servants learn the identity and disclose to the world this strangest, most secret expedition in the history of American finance. I am not romancing; I am giving to the world, for the first time, the real story of how the famous Aldrich currency report, the foundation of our new currency system, was written... The utmost secrecy was enjoined upon all. The public must not glean a hint of what was to be done. Senator Aldrich notified each one to go quietly into a private car of which the railroad had received orders to draw up on an unfrequented platform. Off the party set. New York’s ubiquitous reporters had been foiled... Nelson (Aldrich) had confided to Henry, Frank, Paul and Piatt that he was to keep them locked up at Jekyll Island, out of the rest of the world, until they had evolved and compiled a scientific currency system for the United States, the real birth of the present Federal Reserve System, the plan done on Jekyll Island in the conference with Paul, Frank and Henry... Warburg is the link that binds the Aldrich system and the present system together. He more than any one man has made the system possible as a working reality.[5]

Selling a Federal Bank to anti-Federalists: European bankers offered Prohibition to the Christian anti-alcohol forces as a compromise for supporting their central bank. It worked, because Christians can be hoodwinked very easily. With Christians safely in their corner, world bankers pressured all reasonable politicians. (In retrospect, the unholy marriage of world bankers and teetotaling Christians offered gang violence to cover the insidious nature of central banking.) Three years later, an exhausted stroke-prone Woodrow Wilson would sign the 1913 Federal Reserve Act into law. He would later regret his actions.
Despite these warnings, Woodrow Wilson signed the 1913 Federal Reserve Act. A few years later he wrote: I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of  credit is 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 duress of a small group of dominant men. -Woodrow  Wilson

My opinions: Paul Warburg appeared before the US Senate committee on Foreign Relations on 2.2.1950 stating: "We shall have world government, whether or not we like it. The question is only whether world government will be achieved by consent of by conquest." 


During the Warburg Century, every president benefited from the monetary policies of the Fed (Federal Reserve). Tricky Dick Nixon seized the opportunity to prevent stagflation and other economic irregularities, by detaching from the gold standard and re-attaching to oil in 1973. Then the Fed pushed-out dollars for the next forty years, with no barriers or consequences.
As we celebrate the one-hundredth anniversary of the gradual implosion of America, allow me to cite my favorite economist:  

Any system which gives so much power and so much discretion to a few men, [so] that mistakes ‑‑ excusable or not ‑‑ can have such far reaching effects, is a bad system. It is a bad system to believers in freedom just because it gives a few men such power without any effective check by the body politic ‑‑ this is the key political argument against an independent central bank. . .To paraphrase Clemenceau: money is much too serious a matter to be left to the Central Bankers.” – Milton Friedman
Federal Reserve: 100 Years of Destroying the Purchase Power of Money?

December 13th, 2013 By Michael Lombardi, MBA
http://www.profitconfidential.com/economic-analysis/two-serious-problems-caused-by-all-this-money-printing/

...or read this: http://theeconomiccollapseblog.com/archives/on-the-100th-anniversary-of-the-federal-reserve-here-are-100-reasons-to-shut-it-down-forever

My final opinion: Watch for December 23, 2013 and be aware that your lives could change at any moment, for there is nothing supporting our currency other than time.
Shalom!

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