American Bankers Association memo, 1891
"We are authorizing our member banks from the Western States to loan on properties, monies repayable by September 1st, 1894. On Sept, 1, 1894, we will not renew our loans under any consideration.
On Sept. 1st we will demand our money. We will foreclose and become mortgagees in possession. We can take two-thirds of the farms west of the Mississippi, and thousands of them east of the Mississippi as well, at our own price... We may as well own three-fourths of the farms of the West and the money of the country. Then the farmers will become tenants as in England ..." -- 1891, American Bankers Association, as printed in the Congressional Record of the United States April 29, 1913
There's More:
As seen above, banksters have actually been caught boasting about their abilities to cause recessions and depressions and how they can steal property from borrower-citizens. This criminal racketeering has been going on for generations and is embodied today by the depredations of the privately owned US Federal Reserve Bank.
The private issuance of a nation’s money has given tremendous power to central bankers, a power so great that even democratically elected governments are subservient to them as the US government is today. The US Government is not in control of the economy; it is the all-powerful Federal Reserve Bank who create the money, determine interest rates, and decide who gets loans and who doesn’t. Republican Ron Paul says the Fed is more powerful than Congress and the President has no control over the Fed.
Thomas Jefferson, keenly aware of the dictatorial power of private central banks, was instrumental in having Congress decline to renew of the charter of the First Bank of the United States in 1811.
The Super Rich banker, Nathan Rothschild, operating from London in 1811, threatened the young United States with war and financial disaster if the bank’s charter were not renewed. The charter was not renewed and, sure enough, the United States soon found itself embroiled in the War of 1812, with all its attendant loss of life and financial difficulties.
Such is the alarming supremacy of rapacious international banksters. In fact, Nathan's father, the founder and patriarch of the Rothschild financial dynasty, said, "I care not who makes the laws of a nation, as long as I issue and control its money!" To this day, the Rothchilds continue to dominate the central banks of the world, including an ownership interest in the US Federal Reserve Bank.
Getting back to our history, to restore financial normality, President Madison granted a 20 year charter to a new central bank in 1816, the privately owned Second Bank of the United States. But then, in 1828, along came another president who shared Jefferson’s great distrust and opprobrium for central banks and banksters, one Andrew Jackson, a former army general known affectionately as ‘Old Hickory’, a national hero of the War of 1812.
Jackson refused to renew the charter of the Second Bank of the United States, even vetoing Congress who had approved its renewal. Nicholas Biddle, president of the bank, threatened Jackson that he would inflict a recession on the country if the president did not lift his veto on the charter renewal. Jackson still refused. Biddle, true to his word, called in bank loans and refused to issue new loans. The supply of money in the United States shrank dramatically, precipitating a recession.
Soon, Biddle’s engineered recession enveloped the whole country. Businesses failed and unemployment rose. But ‘Old Hickory’ would not surrender to the banksters, even after a would-be assassin, an Englishman called Richard Lawrence, attempted to murder him in January, 1835.
Both the assassin’s pistols misfired and legend has it that ‘Old Hickory’ then proceeded to thrash the man with his cane until restrained by his own aides. Jackson himself blamed the Rothschilds for the attempt on his life. In any case, the determined Jackson prevailed over the bank and its charter wasn’t renewed; it would be some 77 years before the central banksters could finagle another privately controlled central bank with the establishment of the Federal Reserve in 1913.
Later, in 1934, elements connected to the Federal Reserve had Congressman and Chairman of the Congressional Committee, Louis T. McFadden, (R-Pa) assassinated for his fierce and unyielding opposition to the Fed. He called the Fed, “one
of
the
most
corrupt
institutions
the
world
has
ever
known,” In 1933, McFadden introduced House Resolution No. 158, Articles of Impeachment for the Feds Board of Governors, the 12 Regional Federal Reserve Presidents among others. McFadden was a former bank president and knew how the rigged game was played.
"Whosoever controls the volume of money in any country is absolute master of all industry and commerce in that country. And when you realize that the entire system is very easily controlled one way or another by a very few powerful men at the top, you will not have to be told how periods of inflation and depression originate. President James Garfield, Assasinated, July 2, 1881
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For details on the formation and ownership of the Fed and the banker's plans to reduce American Citizens to serfs or peons, see Edward Griffin's "The Creature From Jekyl Island"
Showing posts with label depression. Show all posts
Showing posts with label depression. Show all posts
Saturday, May 9, 2009
Friday, March 20, 2009
The Fed Has Now Put Us in a Noose!
The Fed is now moving in for the Kill!
Pick up assets on the cheap, like the two AIG Subs while strangling us with staggering debt. While the Pin Heads are arguing with Obama over deficit spending, the only proven way out of a Deflation, the Fed Forces $2 Trillion more in debt onto the American People with their bogus "purchase" of Treasury bonds and Mortgage backed securities. You do realize that they "buy" the debt, the bonds that we have to repay with interest with imaginary money, that they just create out of thin air, don't you?
How would you like to be able to "buy" Billions of dollars worth of interest bearing bonds when you have a zero balance in your bank account? The interest on those bonds will be added to the National Debt and repaid by our grandchildren's grandchildren, if ever.
Don't you find it amazing that the government could owe money to itself? Or that one part of the government would pay Billions in commissions to buy bonds from another part of the government as the Treasury Dept does when it "sells" the treasury bonds to the Fed?
The answer of course is that the Federal Reserve Bank is as Federal as Federal Express (sorry if you heard that joke before!) I call it the Fake Reserve Bank. It is owned by a cabal of European Bankers, operating through their Wall St Puppets in this country. It is the Principan Dealers who earn the commission on the sales of the treasuries through the Feds Open Market Committee.
The European Bankers own or control most of the Central Banks around the world. They have engineered "Panics" as they were called in the 19th Century, recessions and Depressions for hundreds of years. Their aim is to cause massive financial failures so that they can come and scoop up the "failed" assets at give away prices.
This, however seems to be the Big One as Red Foxx used to say on Sanford and Sons, the TV series. It appears to be a coordinated, world wide Depression. I believe their aim this time is to bring on the New World Order under which they will directly control the world's money and therefore control everyone and everything in the world that relies on money.
Both the European Union with its Euro and the still hush hush North American Union, already signed into existance by George Bush, with its new currency, the Amero, were steps in that direction.
The World's Central Bank is already in existance, the Bank for International Settlements. We probably have a couple of years before the Depression peaks and the solution, the New World Order is put forth as the only alternative to save the world, this is their MO. This is how the Federal Reserve Bank was foisted on the US in 1913 in response to the Banker engineered Panic of 1907; which is unconstitutional on its face, as the issuance of money was granted solely to the US government by that document.
I have a couple of excellent resources for those skeptics who may think, as one put it, I wear tin foil hats and receive messages from outer space. If are not afraid of the truth, I advise you to look into thim matter: The Money Masters-How the European Bankers Gained Control of the United States of America http://tw0.us/bD And Chris Martenson, a PhD who has studied and updated a lot of the historical data on this topic http://www.chrismartenson.com/
Be sure to take his Crash Course.
Be informed. Spread the truth. Ultimately that is the only thing that can stop the destruction of our country!
Oh, and why don't you hear about this from politicians and the media? They are already owned and controlled by the bankers!
w
A
Pick up assets on the cheap, like the two AIG Subs while strangling us with staggering debt. While the Pin Heads are arguing with Obama over deficit spending, the only proven way out of a Deflation, the Fed Forces $2 Trillion more in debt onto the American People with their bogus "purchase" of Treasury bonds and Mortgage backed securities. You do realize that they "buy" the debt, the bonds that we have to repay with interest with imaginary money, that they just create out of thin air, don't you?
How would you like to be able to "buy" Billions of dollars worth of interest bearing bonds when you have a zero balance in your bank account? The interest on those bonds will be added to the National Debt and repaid by our grandchildren's grandchildren, if ever.
Don't you find it amazing that the government could owe money to itself? Or that one part of the government would pay Billions in commissions to buy bonds from another part of the government as the Treasury Dept does when it "sells" the treasury bonds to the Fed?
The answer of course is that the Federal Reserve Bank is as Federal as Federal Express (sorry if you heard that joke before!) I call it the Fake Reserve Bank. It is owned by a cabal of European Bankers, operating through their Wall St Puppets in this country. It is the Principan Dealers who earn the commission on the sales of the treasuries through the Feds Open Market Committee.
The European Bankers own or control most of the Central Banks around the world. They have engineered "Panics" as they were called in the 19th Century, recessions and Depressions for hundreds of years. Their aim is to cause massive financial failures so that they can come and scoop up the "failed" assets at give away prices.
This, however seems to be the Big One as Red Foxx used to say on Sanford and Sons, the TV series. It appears to be a coordinated, world wide Depression. I believe their aim this time is to bring on the New World Order under which they will directly control the world's money and therefore control everyone and everything in the world that relies on money.
Both the European Union with its Euro and the still hush hush North American Union, already signed into existance by George Bush, with its new currency, the Amero, were steps in that direction.
The World's Central Bank is already in existance, the Bank for International Settlements. We probably have a couple of years before the Depression peaks and the solution, the New World Order is put forth as the only alternative to save the world, this is their MO. This is how the Federal Reserve Bank was foisted on the US in 1913 in response to the Banker engineered Panic of 1907; which is unconstitutional on its face, as the issuance of money was granted solely to the US government by that document.
I have a couple of excellent resources for those skeptics who may think, as one put it, I wear tin foil hats and receive messages from outer space. If are not afraid of the truth, I advise you to look into thim matter: The Money Masters-How the European Bankers Gained Control of the United States of America http://tw0.us/bD And Chris Martenson, a PhD who has studied and updated a lot of the historical data on this topic http://www.chrismartenson.com/
Be sure to take his Crash Course.
Be informed. Spread the truth. Ultimately that is the only thing that can stop the destruction of our country!
Oh, and why don't you hear about this from politicians and the media? They are already owned and controlled by the bankers!
w
A
Monday, December 15, 2008
Deflation Is HERE!
Last week, the US Govt released a report that revealed a monumental destruction of wealth in America that sent chills up the spines of economists worldwide.
Just in the third quarter alone, U.S. households lost:
$647 billion in real estate
$922 billion in stocks
$523 billion in mutual funds
$653 billion in life insurance and pension fund reserves
$128 billion in private business interests.
Total destruction of household wealth in the third quarter: $2.8 trillion, the worst in recorded history.
That's 4X more than the government's entire $700 billion bailout package (TARP).
Total destruction of household wealth in the last year: $7.2 trillion or over TEN times more than the $700 billion TARP package.
You see how feeble and impotent the government's actions have been in the face of Massive deflationary pressures that are accelerating as time goes on.
We don't know how long or how deep the Deflation will be, but it is not a joke to say the un-sayable, The Greatest Depression may be around the corner. The only thing that is certain is that the cure is very likely to be Hyperinflation to get the economy moving again.
This sequence of events, deep deflation followed by hyperinflation is the stuff that great fortunes are made of. Look at the prices of gold and silver, they, like all the other assets are down considerably, 30 and 40% respectively and may go down lower as they are also the subject of massive market manipulation by several major banks.
These precious metals will always maintain their intrinsic value, no matter how low their price goes, as history proves.
This makes the vital task of spotting assets with good fundamentals that have been beaten down in the general deflation, easy. These are the ones that are a real buy now, and should be purchased even as they go lower under the sagging weight of the deflation and possible manipulation, as they will rebound into the stratosphere once the devaluation of the currency or inflation kicks into high gear.
In order for the world's debt to be repaid, the dollar will have to be skinned alive, devalued to the tune of 5 or even 10 new dollars for every one of the present ones.
This means that gold and silver will then sell for 5-10 times what they are selling for now!
I know that many of my clients are regular, middle class folk, who do not have the wherewithal to pump 10's of thousands of dollars into precious metals, as much as they should or would like to.
The easiest, cheapest way to accumulate silver, the more affordable of the two metals is to buy silver coins, American Silver Eagles, Canadian Silver Maple Leafs.
We have joined an innovative system that rewards you, in silver for referrals you make who purchase silver coins in the ratio of a free coin to you for every 2 purchased by your referrals. Check them out here: http://SilverSnowball.com/964
This is an inexpensive way to start accumulating silver and who knows, if you know a lot of people, it could put a lot of free silver in your pocket!
Check it out: http://SilverSnowball.com/964
Just in the third quarter alone, U.S. households lost:
$647 billion in real estate
$922 billion in stocks
$523 billion in mutual funds
$653 billion in life insurance and pension fund reserves
$128 billion in private business interests.
Total destruction of household wealth in the third quarter: $2.8 trillion, the worst in recorded history.
That's 4X more than the government's entire $700 billion bailout package (TARP).
Total destruction of household wealth in the last year: $7.2 trillion or over TEN times more than the $700 billion TARP package.
You see how feeble and impotent the government's actions have been in the face of Massive deflationary pressures that are accelerating as time goes on.
We don't know how long or how deep the Deflation will be, but it is not a joke to say the un-sayable, The Greatest Depression may be around the corner. The only thing that is certain is that the cure is very likely to be Hyperinflation to get the economy moving again.
This sequence of events, deep deflation followed by hyperinflation is the stuff that great fortunes are made of. Look at the prices of gold and silver, they, like all the other assets are down considerably, 30 and 40% respectively and may go down lower as they are also the subject of massive market manipulation by several major banks.
These precious metals will always maintain their intrinsic value, no matter how low their price goes, as history proves.
This makes the vital task of spotting assets with good fundamentals that have been beaten down in the general deflation, easy. These are the ones that are a real buy now, and should be purchased even as they go lower under the sagging weight of the deflation and possible manipulation, as they will rebound into the stratosphere once the devaluation of the currency or inflation kicks into high gear.
In order for the world's debt to be repaid, the dollar will have to be skinned alive, devalued to the tune of 5 or even 10 new dollars for every one of the present ones.
This means that gold and silver will then sell for 5-10 times what they are selling for now!
I know that many of my clients are regular, middle class folk, who do not have the wherewithal to pump 10's of thousands of dollars into precious metals, as much as they should or would like to.
The easiest, cheapest way to accumulate silver, the more affordable of the two metals is to buy silver coins, American Silver Eagles, Canadian Silver Maple Leafs.
We have joined an innovative system that rewards you, in silver for referrals you make who purchase silver coins in the ratio of a free coin to you for every 2 purchased by your referrals. Check them out here: http://SilverSnowball.com/964
This is an inexpensive way to start accumulating silver and who knows, if you know a lot of people, it could put a lot of free silver in your pocket!
Check it out: http://SilverSnowball.com/964
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