Money As Debt Page #6
- Year:
- 2006
- 47 min
- 121 Views
~Benjamin franklin
Few people are aware today that,
history of the United states, since the Revolution in 1776
has been in a large part,
the story of an epic struggle
to get free and stay free of control
by the european international banks.
This struggle was finally lost in 1913,
when President Woodrow Wilson
signed into effect the Federal Reserve Act,
putting the international banking cartel
in charge of creating America's money.
"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 - President of the United States 1913-1921
The power of this system is deeply ingrained.
So is the educational and media silence on the subject.
Years ago, a Canadian Deputy Prime Minister informally
surveyed scores of non-economists,
both highly educated professionals
and common sense people on the street
and found that not one of them had an accurate understanding
of how money is created.
In fact it is probably safe to say that most people,
including the front line employees of banks,
have never given the matter a moment of thought
Have you?
"All of the perplexities, confusion,
and distress in America arises,
not from the defects of the Constitution or Confederation,
not from want of honor or virtue,
so much as from downright ignorance of the nature of coin,
credit, and circulation."
~ John Adams, Founding Father of the American Constitution
The modern money as debt system
was born a little over three hundred years ago,
when the first Bank of England was set up
with a royal charter for fractional lending
of gold receipts at a modest ratio of 2:1.
That modest ratio was just the proverbial foot in the door.
The system is now worldwide,
creates virtually unlimited amounts of money out of thin air,
and has almost everyone on the planet
chained to a perpetually-growing debt that can NEVER be paid off.
Could it have all just happened by accident?
Or is it a conspiracy?
Obviously,
something very BIG is at stake here.
"Whoever controls the volume of money in our country
is absolute master of all industry and commerce...
and when you realize that the entire system is very easily controlled,
one way or another,by a few powerful men at the top,
you will not have to be told how periods of inflation and depression originate."
~James A. Garfield, assassinated president of the United States
The Government should create, issue, and circulate
all the currency and credits
needed to satisfy the spending power of the Government
and the buying power of consumers.
By the adoption of these principles,
the taxpayers will be saved immense sums of interest.
The privilege of creating and issuing money
is not only the supreme prerogative of government,
but it is the government's greatest creative opportunity."
~Abraham Lincoln, assassinated president of the United States
Until the control of the issue of currency and credit
is restored to government and recognized
as its most conspicuous and sacred responsibility,
all talk of sovereignty of Parliament
and of democracy is idle and futile...
Once a nation parts with control of its credit,
it matters not who makes the nation's laws...
Usury once in control will wreck any nation."
~ William Lyon Mackenzie King Prime Minister of Canada
who nationalized the Bank of Canada
"We are grateful to the Washington Post,
the New York Times, Time magazine
whose directors have attended our meetings
and respected the promises of discretion for almost forty years.
It would have been impossible for us
to develop our plan for the world
if we had been subject to the bright lights
of publicity during those years.
But, the world is now more sophisticated
and prepared to march towards a world-government.
The supranational sovereignty of an intellectual elite
and world bankers is surely preferable
to the National autodetermination
practiced in past centuries"
~David Rockefeller in an address
to a Trilateral Commission meeting, 1991
Only the small secrets need to be protected.
The big ones are kept secret by public incredulity."
~ Marshall McLuhan, media "guru"
Money as Debt
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