American Zeitgeist Page #8

which were swindled into place

by the ruthless banking interests.

At this time, the dominate families

in the banking and business world were:

And in they early 1900's

the sought to push once again

legislation to create another central bank.

However, they knew the Government and public

were very wary of such an institution.

So they needed to create an incident

to affect the public opinion.

So J.P.Morgan, publicly considered

a financial luminary at the time,

exploited his mass influence by publishing rumours

about a prominent bank in New York

wasn't solvent or bankrupt.

Morgan new this would cause mass hysteria

which would affect other banks as well.

And it did. The public in fear of losing

their deposits immediately began mass withdrawals.

Consequently, the banks were forced to call in their loans

causing their recipients to sell their property

and thus the spiral of bankruptcies,

repossessions and turmoil emerged.

Putting the pieces together a few years later,

Fredrik Allen of Life Magazine wrote:

Unaware of the fraud, the panic of 1907

led to the Congressional investigation

headed by Senator Nelson Aldrich,

who had intimate ties to the banking cartels

and later became part of the Rockefeller

family through marriage.

The commission led by Aldrich recommended

a central bank should be implemented

so a panic like 1907 could never happen again.

This was the spark that international

bankers needed to initiate their plan.

In 1910 a secret meeting was held at the J.P.Morgan's

estate on Jekyll Island off the coast of Georgia.

It was there that the central banking bill called

the Federal Reserve Act was written.

This legislation was written by bankers,

not law makers.

This meeting was so secretive, so concealed

from Government and public knowledge

that a 10 or so figures who intended

disguised their names when on route to the island.

After this bill was constructed,

it was then handed over to their political front man,

Senator Nelson Aldrich, to push through Congress.

And in 1913, with heavy political

sponsorship by the bankers,

Woodrow Wilson became president,

having already agreed to sign the Federal Reserve Act

in exchange for campaign support.

And two days before Christmas,

when most of Congress was at home with their families,

the Federal Reserve Act was voted in

and Wilson in turn made it law.

Years later Woodrow Wilson wrote, in regret:

Congressman Louis McFadden also expressed

the truth after the passage of the bill:

Now, the public was told that the Federal

Reserve System was economic stabilizer

and inflation and economic crises

were thing of the past.

Well, as history has shown,

nothing was further from the truth.

The fact is, the international bankers

now had a streamline machine

to expand their personal ambitions.

For example, from 1914 to 1919

the Fed increased the money supply by nearly 100%

resulting in extensive loans

to small banks and the public.

Then, in 1920 the Fed called in mass percentages

of the outstanding money supply.

Thus resulting in the supporting banks

having to call in huge numbers of loans

and just like 1907,

bank runs, bankruptcy and collapse occurred.

Over 5.400 competitive banks outside of the

Federal Reserve System collapsed

further consolidating the monopoly

of the small group of international bankers.

Privy to this crime, Congressman Lindbergh

stepped up and said in 1921:

However, the panic of 1920 was just a warm-up.

From 1921 to 1929 the Fed again

increased the money supply

resulting once again in extensive loans

to the public and banks.

There was also a fairly new type of loan

called the margin loan in the stock market.

Very simply, the margin loan allowed an investor

to put down only 10% of the stock's price

with the other 90% being loaned from the broker.

In other words, a person could own a $1000 worth

of stock, with only a $100 down.

This method was very popular in the roaring 1920's

as everyone seemed to be making money in the market.

However, there was a catch to this loan.

It could be called in at any time

and had to be paid within 24 hours.

This is termed "a margin call",

and a typical result of a margin call

was the selling of the stock

purchased with the loan.

So, a few months before October in 1929,

J.D.Rockefeller, Bernard Baruch and other

insiders quietly exited the market.

And on October 24th, 1929 the New York

financiers who furnished the margin loans

started calling them in,

in mass.

This sparked an instantaneous massive sell off in the market

for everyone who had to cover the margin loans.

It then triggered a mass bank runs for the same reason,

in turn collapsing over 16.000 banks

enabling the conspiring international bankers

to not only buy up rival banks at the discount

but to also buy up whole corporations

at pennies on the dollar.

It was the greatest robbery in American history.

But that didn't stop there.

Rather then expanding the money supply

which were recovered from this economic collapse

the Fed actually contracted it,

fuelling one of the largest depressions in history.

Once again outraged, Congressman Louis McFadden,

a long time opponent of the banking cartels

began bringing impeachment proceedings

against the Federal Reserve Board.

Saying of the crash and depression:

Not surprisingly, and after two previous

assassination attempts,

McFadden was poisoned at a banquet

before he could push for the impeachment.

Now, having reduced the society of the squaller

the Federal Reserve bankers decided

that the gold standard should be removed.

In order to do this, they needed to acquire

the remaining gold in the system.

So, under the pretense of "helping to

end the depression", came the 1933 gold seizure.

Under the threat of imprisonment for 10 years

everyone in America was required to turn in

all gold bullion to the Treasury,

essentially robbing the public of

what little wealth they had left.

And at the end of 1933

the gold standard was abolished.

If you look at a dollar bill from before 1933

it says it is redeemable in gold.

You look at the dollar bill today,

it says it is legal tender

which means it is backed by absolutely nothing.

It is worthless paper.

The only thing that gives our money value

is how much of it is in circulation.

Therefore, the power to regulate the money supply

is also the power to regulate its value

which is also the power to bring

entire economies and societies to its knees.

It's important to clearly understand,

the Federal Reserve is a private corporation.

It is about as "federal" as Federal Express.

It makes its own policies and is under virtually

no regulation by the US Government.

It is a private bank that loans all the currency

at interest to the Government,

completely consistent with the fraudulent

central banking model

that the country sought to escape from

when it declared independence

in the American revolutionary war.

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