The Federal Reserve System was created on December 23, 1913, when President Woodrow Wilson signed the Federal Reserve Act into law. Today {12/16/13}, the Fed has decided to commemorate the event today with all three living Fed chairman delivering remarks.
A true day that will live in infamy.
Jacob H. Schiff, Paul Warburg and other bankers influenced Congress to pass the Federal Reserve Act (December 23, 1913). The Anti-Defamation League (ADL) was created in October 1913 to minimize predictable criticism. The bankers have manufactured panics, withdrawn credit and in the process have confiscated the citizen’s resources and personal property through phony bailouts, sanctioned by compromised politicians. These actions are calculated and designed to ultimately decimate the economy. The same bankers who promoted the Federal Reserve funded Lenin, Trotsky, Stalin, Zinoviev, Kamenev, Molotov and Kirov (assumed names) in their godless, violent take-over of Russia. The bankers began making major profits when Bernard Baruch, Louis Brandeis and others manipulated their puppet Woodrow Wilson into entering World War I on borrowed money after the provoked attack on the Lusitania.
To aid business…jewish banker business |
In 1912, Alfred Owen Crozier in his book “US Money vs. Corporate Currency “Aldrich Plan” gave us one of the last warnings before the age of the Federal Reserve began.
Much of what he had to say still holds true today.
Selected excerpts:
The Wall Street and bank combine are now dickering for support with the management of both parties. It is said to be offering to finance the campaign of both sides if friendly candidates are nominated, and a real investigation of the “money trust” is prevented. It is willing to spend millions, because the play is for future billions and the political control of the republic.
Remember, those who have power to make money scarce or plenty have power over the business of every man, the happiness of every home, to make or break, to confer or destroy general prosperity. It gives them a hunger-hold on every man, woman and child. Shall this autocratic power be granted without reservation?
In all great national and international monetary and financial affairs the Rothschilds always play the ruling hand. They possess masterful genius and financial intellect. But it is the sheer weight of liquid or ready wealth held in such large quantity that all the nations of the world must go to the Rothschilds for financial assistance in time of peace, or before they can go to war whatever the provocation or emergency, that gives them supreme power in the world’s affairs. No war can be waged without money, and no large nation can get adequate money to finance a war from any one but the Rothschilds. Therefore it is reasonable to assume that whenever any war is begun the Rothschilds have consented thereto. They may finance both sides, because it is immaterial whether the interest profits they crave come from one or both countries. In fact the war furnishes an excuse recognized as legitimate for charging both nations higher interest rates not only on the new debts but on old obligations maturing and being refunded.
It is known, of course, that after the nations have fought for a while and murdered tens of thousands and wounded and permanently maimed hundreds of thousands of human beings on both sides, pressure exerted by other governments instigated by the financiers will force a quick com- promise, leaving the nations both in approximately the same condition as before except that each has vastly in- creased its debt and the annual interest burden on its people while the financiers have gotten rid of accumulated capital in exchange for high interest gold bonds that cannot be paid for perhaps thirty or fifty years. This surely is the result if not the deliberate plan.
Frequent rumors of war or warlike preparations each year have been ping-ponged back and forth between the countries in the public press. These have tended to excite popular fear, hate and patriotism and cause the people to consent and even to urge the governments to swell vastly the mortgage burden upon the peoples for funds to increase and equip still larger standing armies and to build greater and more expensive navies. By withdrawing millions of men. into armies and idleness it reduces production and the earning power of the people, increases the burden on those employed, and makes it more certain that existing bonds will not be paid but will be refunded and increased. Why not have bigger armies, navies, forts, guns, idleness of millions of soldiers, rumors of war or even occasional war, when such things are so fruitful, so necessary to cause the issuance of more bonds to provide profitable investment.
The growing, selfish and insolent Money Power, incorporated and unincorporated, violates every law regulating and restraining its conduct, treats the people and their government with contempt, and then invokes the protection of the laws and the courts to shield the stolen “vested rights*’ and privileges against violence that their own lawless course tends to incite.
The omnipotent and deadly octopus Congress is urged to legally set loose and install as the master of American banks, business, finance, industry, commerce and politics. Its poisonous and itching tentacles will gradually reach out and bind themselves about every home, farm, industry, bank, the public treasury, courts. Congress and the White House, gathering to itself supreme political power, sucking the wealth and substance of the people into Wall Street and dumping it into the Stock Exchange or the eager laps of the handful of men who will seek by moral if not by legal treason to rob the people of their God-given liberty, destroy the republic as a living reality and in its place erect an empire disguised as a democracy with incorporated wealth crowned as the ruling sovereign and all the people its subjects.
http://kennysideshow.blogspot.com/2013/12/a-money-changers-birthday.html
Seven years after the implementation of the federal reserve inflation to pay for w.w.1 the U.S.had a financial panick as they were known in those days.The government did nothing.The panick was over in a year.The fed continued to inflate through the boom of the roaring twenties until the great depression which was a direct result of inflationary policy adopted by the nation’s newly adopted central bank.To this day a handful of self-serving idiots cannot determine supply and demand or interest rates or what passes for market money.This requires billions of decisions made by consumers much quicker than any Rothschild computer could ever figure arbitrage.Money is created in the marketplace and is simply a medium of exchange.You don’t print it for free and make somebody else work for it or go to war for it.Keep your fiat currency and fight your own wars.Maybe the rest of us can engage in free trade and all benefit from diverse products and cultures without the burden of the war mongering imperialistic state.When people see that the emperor wears no clothes people in government are gonna’ have better jobs.Perhaps making clothes that the ersatz emporer can purchase with commodity earned from a job that will surely be available in a free market economy.