Tag Archives: Federal Reserve

NINETEEN EIGHTY-FOUR (1984) by GEORGE ORWELL

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 Nineteen Eighty-Four (first published in 1949) by George Orwell is a dystopian novel about Oceania, a society ruled by the oligarchical dictatorship of the Party.  Life in the Oceanian province of Airstrip One is a world of perpetual war, pervasive government surveillance, and incessant public mind control, accomplished with a political system euphemistically named English Socialism (Ingsoc), which is administered by a privileged Inner Party elite. Yet they too are subordinated to the totalitarian cult of personality of Big Brother, the deified Party leader who rules with a philosophy that decries individuality and reason as thought crimes; thus the people of Oceania are subordinated to a supposed collective greater good. The protagonist, Winston Smith, is a member of the Outer Party who works for the Ministry of Truth (Minitrue), which is responsible for propaganda and historical revisionism. His job is to re-write past newspaper articles so that the historical record is congruent with the current party ideology.  Because of the childhood trauma of the destruction of his family — the disappearances of his parents and sister — Winston Smith secretly hates the Party, and dreams of rebellion against Big Brother.

As literary political fiction and as dystopian science-fiction, Nineteen Eighty-Four is a classic novel in content, plot, and style. Many of its terms and concepts, such as Big Brother, doublethinkthoughtcrimeNewspeak,  and memory hole, have become contemporary vernacular since its publication in 1949.  Moreover, Nineteen Eighty-Four popularized the adjective Orwellian, which refers to official deception, secret surveillance, and manipulation of the past in service to a totalitarian or manipulative political agenda.

George Orwell “encapsulate[d] the thesis at the heart of his unforgiving novel” in 1944, and three years later wrote most of it on the Scottish island of Jura, during the 1947–48 period, despite being critically tubercular. On December 4, 1948, he sent the final manuscript to the Secker and Warburg editorial house who published Nineteen Eighty-Four on June 8, 1949.  By 1989, it had been translated in to some 65 languages, the greatest number for any English-language novel at the time.

The title of the novel, its terms, its Newspeak language, and the author’s surname are contemporary bywords for privacy lost to the State; while the adjective Orwellian connotes a totalitarian dystopia characterized by government control and subjugation of the people. As a language, Newspeak applies different meanings to things and actions by referring only to the end to be achieved, not the means of achieving it; hence, the Ministry of Peace (Minipax) deals with war, and the Ministry of Love (Miniluv) deals with brainwashing and torture. The Ministries do achieve their goals; peace through war, and love of Big Brother through mind control.  (Wikipedia.org)

UNDERSTAND OUR MONETARY SYSTEM

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“Some people think that the Federal Reserve Banks are United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders.”

– The Honorable Louis McFadden, Chairman of the House Banking and Currency Committee in the 1930s

“The Federal Reserve (or Fed) has assumed sweeping new powers in the last year. In an unprecedented move in March 2008, the New York Fed advanced the funds for JPMorgan Chase Bank to buy investment bank Bear Stearns for pennies on the dollar. The deal was particularly controversial because Jamie Dimon, CEO of JPMorgan, sits on the board of the New York Fed and participated in the secret weekend negotiations.1 In September 2008, the Federal Reserve did something even more unprecedented, when it bought the world’s largest insurance company. The Fed announced on September 16 that it was giving an $85 billion loan to American International Group (AIG) for a nearly 80% stake in the mega-insurer. The Associated Press called it a “government takeover,” but this was no ordinary nationalization. Unlike the U.S. Treasury, which took over Fannie Mae and Freddie Mac the week before, the Fed is not a government-owned agency. Also unprecedented was the way the deal was funded. The Associated Press reported:

“The Treasury Department, for the first time in its history, said it would begin selling bonds for the Federal Reserve in an effort to help the central bank deal with its unprecedented borrowing needs.”2

This is extraordinary. Why is the Treasury issuing U.S. government bonds (or debt) to fund the Fed, which is itself supposedly “the lender of last resort” created to fund the banks and the federal government? Yahoo Finance reported on September 17:

“The Treasury is setting up a temporary financing program at the Fed’s request. The program will auction Treasury bills to raise cash for the Fed’s use. The initiative aims to help the Fed manage its balance sheet following its efforts to enhance its liquidity facilities over the previous few quarters.”

Normally, the Fed swaps green pieces of paper called Federal Reserve Notes for pink pieces of paper called U.S. bonds (the federal government’s I.O.U.s), in order to provide Congress with the dollars it cannot raise through taxes. Now, it seems, the government is issuing bonds, not for its own use, but for the use of the Fed! Perhaps the plan is to swap them with the banks’ dodgy derivatives collateral directly, without actually putting them up for sale to outside buyers. According to Wikipedia (which translates Fedspeak into somewhat clearer terms than the Fed’s own website):

“The Term Securities Lending Facility is a 28-day facility that will offer Treasury general collateral to the Federal Reserve Bank of New York’s primary dealers in exchange for other program-eligible collateral. It is intended to promote liquidity in the financing markets for Treasury and other collateral and thus to foster the functioning of financial markets more generally. . . . The resource allows dealers to switch debt that is less liquid for U.S. government securities that are easily tradable.”

“To switch debt that is less liquid for U.S. government securities that are easily tradable” means that the government gets the banks’ toxic derivative debt, and the banks get the government’s triple-A securities. Unlike the risky derivative debt, federal securities are considered “risk-free” for purposes of determining capital requirements, allowing the banks to improve their capital position so they can make new loans. (See E. Brown, “Bailout Bedlam,” webofdebt.com/articles, October 2, 2008.)

In its latest power play, on October 3, 2008, the Fed acquired the ability to pay interest to its member banks on the reserves the banks maintain at the Fed. Reuters reported on October 3: “The U.S. Federal Reserve gained a key tactical tool from the $700 billion financial rescue package signed into law on Friday that will help it channel funds into parched credit markets. Tucked into the 451-page bill is a provision that lets the Fed pay interest on the reserves banks are required to hold at the central bank.”3

If the Fed’s money comes ultimately from the taxpayers, that means we the taxpayers are paying interest to the banks on the banks’ own reserves – reserves maintained for their own private profit. These increasingly controversial encroachments on the public purse warrant a closer look at the central banking scheme itself. Who owns the Federal Reserve, who actually controls it, where does it get its money, and whose interests is it serving?

Not Private and Not for Profit?

The Fed’s website insists that it is not a private corporation, is not operated for profit, and is not funded by Congress. But is that true? The Federal Reserve was set up in 1913 as a “lender of last resort” to backstop bank runs, following a particularly bad bank panic in 1907. The Fed’s mandate was then and continues to be to keep the private banking system intact; and that means keeping intact the system’s most valuable asset, a monopoly on creating the national money supply. Except for coins, every dollar in circulation is now created privately as a debt to the Federal Reserve or the banking system it heads.4 The Fed’s website attempts to gloss over its role as chief defender and protector of this private banking club, but let’s take a closer look. The website states:

* “The twelve regional Federal Reserve Banks, which were established by Congress as the operating arms of the nation’s central banking system, are organized much like private corporations – possibly leading to some confusion about “ownership.” For example, the Reserve Banks issue shares of stock to member banks. However, owning Reserve Bank stock is quite different from owning stock in a private company. The Reserve Banks are not operated for profit, and ownership of a certain amount of stock is, by law, a condition of membership in the System. The stock may not be sold, traded, or pledged as security for a loan; dividends are, by law, 6 percent per year.”

* “[The Federal Reserve] is considered an independent central bank because its decisions do not have to be ratified by the President or anyone else in the executive or legislative branch of government, it does not receive funding appropriated by Congress, and the terms of the members of the Board of Governors span multiple presidential and congressional terms.”

* “The Federal Reserve’s income is derived primarily from the interest on U.S. government securities that it has acquired through open market operations. . . . After paying its expenses, the Federal Reserve turns the rest of its earnings over to the U.S. Treasury.”5

So let’s review:

1. The Fed is privately owned.

Its shareholders are private banks. In fact, 100% of its shareholders are private banks. None of its stock is owned by the government.

2. The fact that the Fed does not get “appropriations” from Congress basically means that it gets its money from Congress without congressional approval, by engaging in “open market operations.”

Here is how it works: When the government is short of funds, the Treasury issues bonds and delivers them to bond dealers, which auction them off. When the Fed wants to “expand the money supply” (create money), it steps in and buys bonds from these dealers with newly-issued dollars acquired by the Fed for the cost of writing them into an account on a computer screen. These maneuvers are called “open market operations” because the Fed buys the bonds on the “open market” from the bond dealers. The bonds then become the “reserves” that the banking establishment uses to back its loans. In another bit of sleight of hand known as “fractional reserve” lending, the same reserves are lent many times over, further expanding the money supply, generating interest for the banks with each loan. It was this money-creating process that prompted Wright Patman, Chairman of the House Banking and Currency Committee in the 1960s, to call the Federal Reserve “a total money-making machine.” He wrote:

“When the Federal Reserve writes a check for a government bond it does exactly what any bank does, it creates money, it created money purely and simply by writing a check.”

3. The Fed generates profits for its shareholders.

The interest on bonds acquired with its newly-issued Federal Reserve Notes pays the Fed’s operating expenses plus a guaranteed 6% return to its banker shareholders. A mere 6% a year may not be considered a profit in the world of Wall Street high finance, but most businesses that manage to cover all their expenses and give their shareholders a guaranteed 6% return are considered “for profit” corporations.

In addition to this guaranteed 6%, the banks will now be getting interest from the taxpayers on their “reserves.” The basic reserve requirement set by the Federal Reserve is 10%. The website of the Federal Reserve Bank of New York explains that as money is redeposited and relent throughout the banking system, this 10% held in “reserve” can be fanned into ten times that sum in loans; that is, $10,000 in reserves becomes $100,000 in loans. Federal Reserve Statistical Release H.8 puts the total “loans and leases in bank credit” as of September 24, 2008 at $7,049 billion. Ten percent of that is $700 billion. That means we the taxpayers will be paying interest to the banks on at least $700 billion annually – this so that the banks can retain the reserves to accumulate interest on ten times that sum in loans.

The banks earn these returns from the taxpayers for the privilege of having the banks’ interests protected by an all-powerful independent private central bank, even when those interests may be opposed to the taxpayers’ — for example, when the banks use their special status as private money creators to fund speculative derivative schemes that threaten to collapse the U.S. economy. Among other special benefits, banks and other financial institutions (but not other corporations) can borrow at the low Fed funds rate of about 2%. They can then turn around and put this money into 30-year Treasury bonds at 4.5%, earning an immediate 2.5% from the taxpayers, just by virtue of their position as favored banks. A long list of banks (but not other corporations) is also now protected from the short selling that can crash the price of other stocks.

Time to Change the Statute?

According to the Fed’s website, the control Congress has over the Federal Reserve is limited to this:

“[T]he Federal Reserve is subject to oversight by Congress, which periodically reviews its activities and can alter its responsibilities by statute.”

As we know from watching the business news, “oversight” basically means that Congress gets to see the results when it’s over. The Fed periodically reports to Congress, but the Fed doesn’t ask; it tells. The only real leverage Congress has over the Fed is that it “can alter its responsibilities by statute.” It is time for Congress to exercise that leverage and make the Federal Reserve a truly federalagency, acting by and for the people through their elected representatives. If the Fed can demand AIG’s stock in return for an $85 billion loan to the mega-insurer, we can demand the Fed’s stock in return for the trillion-or-so dollars we’ll be advancing to bail out the private banking system from its follies.

If the Fed were actually a federal agency, the government could issue U.S. legal tender directly, avoiding an unnecessary interest-bearing debt to private middlemen who create the money out of thin air themselves. Among other benefits to the taxpayers. a truly “federal” Federal Reserve could lend the full faith and credit of the United States to state and local governments interest-free, cutting the cost of infrastructure in half, restoring the thriving local economies of earlier decades.”

by Ellen Brown, J.D., who developed her research skills as an attorney practicing civil litigation in Los Angeles. In Web of Debt, her latest book, she turns those skills to an analysis of the Federal Reserve and “the money trust.” She shows how this private cartel has usurped the power to create money from the people themselves, and how we the people can get it back. Her eleven books include the bestselling Nature’s Pharmacy, co-authored with Dr. Lynne Walker, and Forbidden Medicine.

J.P. MORGAN — TITANIC CRIMINAL

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The sinking of the titanic (owned by J.P. Morgan) was ‘the tip of the iceberg’.  The titanic sinking pulled off 4 of  the greatest criminal plots in history — all at the same time!

1) with the sinking of the ship, JP Morgan murdered all of his business competition at once — 3 of the 4 wealthiest men in the world — all of whom opposed the Federal Reserve Act that would give Morgan control of the entire money supply of the United States.

2) squashed the invention of “free energy” by Nikola Tesla ensuring private control of energy revenue forever, i.e. oil, coal, gas, electricity, etc..

3) guaranteed the passage of the “Federal Reserve Act” to establish his private bank and control all of the gold, money supply and property of the united states.

4) saved his ‘White Star’ ship line from bankruptcy by collecting a fraudulent insurance payment on the titanic.

PHOTO  — (1st Row: JP Morgan, Joseph Bruce Ismay, John Jacob Astor and Benjamin Guggenheim. 2nd Row: The Federal Reserve and the Titanic)

As youngsters, we’re all told the infamous story of the Titanic, the supposedly indestructible ship that sunk on its maiden voyage. We’re all familiar with the story: the ship left Southampton, England, headed for New York City on April 10, 1912.

 

Four days into the voyage, at 11:40pm on April 14, 1912, the Titanic struck an iceberg and sank at 2:20am, “resulting in the deaths of 1,517 people in one of the deadliest peacetime maritime disasters in history [12].”

Bad luck, we’re all led to believe. No one saw the iceberg and so the infallible ship sank. Bummer…

But few of us ever think that through. Forget, for a moment, the story we’re all fed. Does it make sense? My point is that just because we’re told a story when we’re young, doesn’t mean we should simply accept it as absolute truth.

Let’s take a look at some of the facts surrounding the sinking of the Titanic:

As youngsters, we’re all told the infamous story of the Titanic, the supposedly indestructible ship that sunk on its maiden voyage. We’re all familiar with the story: the ship left Southampton, England, headed for New York City on April 10, 1912. Four days into the voyage, at 11:40pm on April 14, 1912, the Titanic struck an iceberg and sank at 2:20am, “resulting in the deaths of 1,517 people in one of the deadliest peacetime maritime disasters in history [12].”

Bad luck, we’re all led to believe. No one saw the iceberg and so the infallible ship sank. Bummer…

But few of us ever think that through. Forget, for a moment, the story we’re all fed. Does it make sense? My point is that just because we’re told a story when we’re young, doesn’t mean we should simply accept it as absolute truth.

Let’s take a look at some of the facts surrounding the sinking of the Titanic:

1. The unsinkable Titanic sunk…on its maiden voyage. How could this unsinkable ship sink? On its first trip, no less! That alone is quite remarkable/intriguing.

2. “Captain E.J. Smith ignored multiple iceberg warnings from his crew and other ships.” Getting from England to New York as fast as possible was goal number one, at the behest of his boss, Joseph Bruce Ismay, Managing Director of the White Star Line. Ismay had pressure from his boss, J.P. Morgan, owner of White Star Line [3]. By the way, Ismay survived the catastrophe.

3. Speaking of J.P. Morgan, he had his very own private suite and promenade deck on the Titanic. He was supposed to be on that fateful maiden voyage but canceled passage [8]. Coincidence or part of Morgan’s plan?

4. Once the Titanic struck the iceberg, the captain and his crew used white flares to signal distress. Unfortunately,white flares are not the color used to signal distress; red flares are always used to show distress. So the closest ship, the Californian, ignored the flares, assuming it was a celebratory signal, rather than an emergency [7]. Oops…

5. “All ships must carry sufficient lifeboats for the number of passengers on board. The Titanic did not [7].”

6. “About three million rivets were used to hold the sections of the Titanic together. Some rivets have been recovered from the wreck and analysed. The findings show that they were made of sub-standard iron. When the ship hit the iceberg, the force of the impact caused the heads of the rivets to break and the sections of the Titanic to come apart. If quality iron rivets had been used, the ship may not have sunk [7].”

7. “The belief that the ship was unsinkable was, in part, due to the fact that the Titanic had sixteen watertight compartments. However, the compartments did not reach as high as they should have. White Star Line did not want them to go all the way up because this would have reduced living space in first class [7].”

8. Killed on the sinking ship — along with 1,514 other people — were Benjamin Guggenheim, Isa Strauss and John Jacob Astor. Astor was, at the time, believed to be the wealthiest man on the planet. Guggenheim and Strauss weren’t far behind Astor. And these three powerful men opposed the Federal Reserve.

jp-morgan-strikes(PHOTO LEFT)  An angry JP Morgan yelling at photographers. He hated having his picture taken.As an aside to the above facts, let’s take a look at an additional dimension to the dynamic between J.P. Morgan and John Jacob Astor. Both Morgan and Astor invested large sums of money in the brilliance of Nikola Tesla, a genius inventor who gained notoriety during the late 19th/early 20th century. Morgan’s primary concern with Tesla was making money. Astor and Tesla, however, were good friends [9].

Col. John Jacob Astor, owner of the Waldorf-Astoria, held his famous dining-room guest [Tesla] in the highest esteem as a personal friend, and kept in close touch with the progress of his investigations. When he heard that his researches were being halted through lack of funds, he made available to Tesla the $30,000 he needed in order to take advantage of Curtis’ offer and build a temporary plant at Colorado Springs[11].”

So what was the big deal about Tesla? Well, “Tesla had claimed to be able to send electrical energy without wires before the turn of the century, and he envisioned people all around the globe sticking rods into the earth to extract that energy — free …. After Tesla admitted to financier J.P. Morgan that an experimental tower on Long Island was meant to send power as well as message, his public career ended …. Corporate moguls who were interested in creating monopolies and metering electrical power blackballed him [10].”

Now let’s take a look at a few of the above facts that, when taken together, may paint quite a different picture of the tragedy of the Titanic:

1. J.P. Morgan owned White Star Line ships. J.P. Morgan was also the main conspirator behind the creation of the Federal reserve banking system. He was supposed to be on the ship but canceled at the last moment.

2. John Jacob Astor, along with Benjamin Guggenheim and Isa Strauss, were three very wealthy and powerful men, all of whom were vehemently against the creation of the Federal Reserve, and were quite outspoken on the matter. Morgan viewed Astor and Co. as a huge obstacle. These three men died when the Titanic — a ship built by J.P. Morgan’s White Star Line — hit that infamous iceberg and sank.

3. J.P. Morgan and John Jacob Astor both funded Nikola Tesla, who created a way to generate an infinite amount of electrical energy. Tesla planned to allow people to access that energy for free, but Morgan squashed Tesla because he wanted to profit from energy, not give it away. Astor, Tesla’s good friend, seemed to have deep pockets for Tesla. Not good for Morgan.

4. Once Astor, Guggenheim and Strauss were dead, there was no more public outcry against the Federal Reserve. It passed congress and was signed into law the following year on December 23, 1913. In addition, now Tesla’s funding was wiped away, his friend in Astor gone.

You must admit, all of this is extremely interesting. Could Morgan have created this plot to kill off his biggest opponents? Did Morgan “whack” Astor because he was getting in his way on too many wealth and power-generating projects?

Admittedly, there are some holes in this interesting theory. For example:

1. Why wouldn’t Morgan have simply had Astor, Guggenheim and Strauss shot? That certainly would have been easier than sinking an entire ship. Then again, then there would have been intense investigations into their murders. When multi-billionaires turn up dead, no stone is left unturned.

2. How could Morgan guarantee Astor, Guggenheim and Strauss would be on the ship? Maybe there were behind-the-scenes events, put in place by Morgan, to ensure those men would be on the ship. We’ll never know.

3. Moreover, how could Morgan be sure Astor, Guggenheim and Strauss would go down with the ship and not get off onto lifeboats? Maybe Morgan knew well of the truly high character of Astor: “Colonel Astor was another of the heroes of the awful night. Effort was made to persuade him to take a place in one of the life-boats, but he emphatically refused to do so until every woman and child on board had been provided for, not excepting the women members of the ship’s company [4].” Apparently, Guggenheim and Strauss did the same.

4. Why would J.P. Morgan have believed that unless Astor, Guggenheim and Strauss were killed, his coveted Federal Reserve Act wouldn’t have passed? It seems strange that these three men would have had the combined political power to diffuse Morgan & Co.’s clandestine plans.

However, even with the doubt these questions raise in this theory, one cannot help but look upon the story of the Titanic with suspicion.

Is it just a coincidence that J.P. Morgan owned White Star Line, the company that produced the supposedly unsinkable Titanic, and that it went down with his enemy, John Jacob Astor, as well as Federal Reserve opposers Guggenheim and Strauss?

And is it merely coincidence that Morgan and Astor both funded Nikola Tesla, whose innovations could have been either the greatest gifts to mankind or the greatest wealth generators for the few, depending upon who controlled them?

Could the Titanic have been the most ingenious assassination in history?

THE TITANIC INSURANCE SCAM
by John Hamer

In 1908, financier J.P. Morgan planned a brand new class of luxury liners that would enable the wealthy to cross the Atlantic in previously undreamed-of opulence.  The construction of the giant vessels, the ‘Olympic’, the ‘Titanic’ and the ‘Britannic,’ began in 1909 at the Harland and Wolff shipyard in Belfast, Ireland.

Unfortunately for Morgan and his personal bank balance, this money-making venture went a little awry.  The Olympic, the first one of the three sister-ships to be completed was involved in a serious collision with the British Royal Navy cruiser, HMS Hawke in September 1911 in Southampton a few weeks after its maiden voyage and had to be  ‘patched-up’ before returning to Belfast to undergo proper repair work.

In hindsight, it does seem strange that although the Olympic, the first of the ‘sisters’ to enter service, was never given the publicity her younger sister, the Titanic, enjoyed the following year  Why would that be?

In the meantime a Royal Navy inquiry into the accident found the Olympic at fault for the collision and this meant that the owner, White Star Line’s insurance was null and void.  The White Star Line was out of pocket to the tune of at least £800,000 (around $90m today) for repairs and lost revenues.

However, for Morgan and the White Star Line, there was even worse news.
It is believed that the keel of the ship was actually twisted and therefore damaged beyond economic repair, which would have effectively meant the scrapyard. The White Star Line would have been bankrupted, given its precarious financial situation..

According to Robin Gardner’s book, ‘Titanic, the Ship that Never Sank?
the seeds were sown for an audacious insurance scam – the surreptitious switching of the identities of the two ships, Olympic and Titanic.

In his well-documented work, Gardner presents a long series of credible testimonies, indisputable facts and evidence, both written and photographic, that suggest that the two ships were indeed switched with a view to staging an iceberg collision or other unknown fatal event.

According to Gardner, “Almost two months after the Hawke/Olympic collision, the reconverted Titanic, now superficially identical to her sister except for the C deck portholes, quietly left Belfast for Southampton to begin a very successful 25-year career as the Olympic.  Back in the builders’ yard, work progressed steadily on transforming the battered hulk of the Olympic into the Titanic.  The decision to dispose of the damaged vessel would already have been taken. …  Instead of replacing the damaged section of keel, longitudinal bulkheads were installed to brace it”.

How significant then in the light of this statement, that when the wreck of the Titanic was first investigated by Robert Ballard and his crew after its discovery in 1987, the first explorations of the wreckage reportedly showed (completely undocumented in the ships original blueprints) iron support structures in place which appeared to be supporting and bracing the keel.

This was never satisfactorily explained either at the time or subsequently but would certainly be significant if correct and there is absolutely no reason to believe that it is not correct, as it was reported by the puzzled Ballard himself who of course at that time knew nothing (and probably still does not even now) about the alleged switching of the two ships’ identities.

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References:

1. http://www.world-mysteries.com/doug_titanic1.htm

2. http://www.titanic-whitestarships.com/Owners2.htm

3. http://www.rense.com/general70/goodc.htm

4. http://www.logoi.com/notes/titanic/women_children_first.html

5. http://www.pacinst.com/terrorists/chapter5/titanic.html

6. http://www.museumstuff.com/learn/topics/Jesuit_conspiracy_theories::sub::The_Sinking_Of_The_Titanic

7. http://www.historyonthenet.com/Titanic/blame.htm

8. http://hubpages.com/hub/The_Titanic_Historical_Society

9. http://www.reformation.org/nikola-tesla.html

10. Begich & Manning, “Angels Don’t Play This HAARP” p. 12-13

11. O’Neil, “Prodigal Genius” p. 175

12. http://en.wikipedia.org/wiki/RMS_Titanic

I BELIEVE

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BELIEVE

I BELIEVE IN THE “ONLY” GOD

I BELIEVE “IT CAN’T HAPPEN HERE”

I BELIEVE THAT TV “NEWS” IS REAL

I BELIEVE THAT MY VOTE “COUNTS”

I BELIEVE THAT “MY” GOVERNMENT IS GOOD

I BELIEVE THAT I MUST “BELIEVE” IN “HOPE” AND “LOVE”

I BELIEVE THAT FEDERAL RESERVE NOTES ARE “REAL” MONEY

I BELIEVE THAT “GOOD” ALWAYS CONQUERS THE “FORCES OF EVIL”

I BELIEVE THAT WHEN I DIE I WILL GO THE HEAVEN IF I AM “GOOD”

I BELIEVE THAT “GOD” WILL DECIDE I AM “GOOD” BECAUSE I BELIEVE IN LIES

WARNINGS FROM THE FOUNDING FATHERS

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America’s founders were rightfully skeptical of granting too much power to bankers. Thomas Jefferson said, “If the American people ever allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered.”

President George Washington said, “Paper money has had the effect in your State [Rhode Island] that it ever will have, to ruin commerce–oppress the honest, and open the door to every species of fraud and injustice.”

President Thomas Jefferson also believed that “banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.”

Daniel Webster warned, “Of all the contrivances for cheating the laboring classes of mankind, none has been more effectual than that which deludes them with paper money. We are in danger of being overwhelmed with irredeemable paper, mere paper, representing not gold nor silver; no, Sir, representing nothing but broken promises, bad faith, bankrupt corporations, cheated creditors, and a ruined people.”