„Men occasionally stumble over the truth, but most of them pick themselves up and hurry off as if nothing ever happened.“
Winston Churchill (1874 – 1965)
HOW TO CREATE MONEY OUT OF NOTHING
„When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes.
Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.“
Napoleon Bonaparte (1769 – 1821)
One of the best-kept secrets that are not taught at any university is the fact that the American FED (Federal Reserve Bank) is not a public institution, but a private bank that was founded in the year 1913.
The plan was agreed upon in 1910 at a place called Jekyll Island in the state of Georgia. The draft law of the private bankers (Aldrich Plan[1]) introduced the foundation of a central bank (Federal Reserve). Under the leadership of the high finance groups like the Rothschild’s and Rockefeller’s they succeeded in creating a private central bank with the sole right to issue its own currency, which became legal tender and which the US government still had to underwrite in the early beginnings.
At this point the most important shareholders of the FED[2] were:
- The Rothschild banks in Paris and London
- Rockefeller’s Chase Manhattan Bank in New York
- Goldman Sachs Bank in New York
- Lazard Brothers Bank in Paris
- Israel Moses Seif Bank in Rome
- Warburg Bank in Amsterdam and Hamburg
- Lehman Bank in New York
- Kuhn Loeb & Co. Bank in New York
This enterprise must have been unconstitutional. Article 1, Section 1 and Section 8 of the US constitution says very clearly: The sole right to print money rests with the state!
With the founding of the FED, the US politicians of the time have, as minions of a consortium of international bankers, handed over their power to them.
Also in 1913 the 16th amendment to the constitution[3] was passed, allowing the government to tax the personal income of the citizens of the US.
This is how the international bankers have granted themselves indirect access to the private wealth of American citizens. The private bank FED functions according to a very basic principle: They produce “Federal Reserve Notes” = Dollar bills, these are then loaned to the US government for obligations (certificates of indebtedness) to the US government, which then serve the FED as a security.
The FED who in turn receives annual interest on them holds these obligations. The interest payments by the US taxpayer increase steadily while the FED has merely loaned money to the US government and earned high interest rates for itself. Their service in return: Cotton printed on in color called dollars. The member of congress Charles A. Lindbergh Sr. (1907-1917), the father of the famous pilot, called this law: “The worst legislative crime of the ages”. The finance system was handed to a group that is only after profits. The system is private and is only used for the purpose to generate the highest possible profit from the use of other people’s money.”[4]
On November 21st, 2002 even the current chairman of the Federal Reserve Benjamin Shalom Bernanke admitted candidly: ”The U.S. government has a technology, called a printing press (or today, its electronic equivalent), that allows it to produce as many US dollars as it wishes at no cost.”[5]
This system that is very lucrative for its initiators has as a result that since the founding of the FED the purchasing power of the dollar has been reduced by 98 percent.
The amount of money in circulation “M3”, determined by the FED itself, is no longer published since March 2006. It became an obvious problem: While in the last 30 years the amount of goods has only quadrupled, the amount of money in circulation has gone up by a factor of 40.[6]
The interesting part here is that this scam has hardly been noticed by anyone. Add to that the fact that the FED has a lien, private and public, on all property of the entire United States of America through obligations of the US government. Countless trials to reverse the FED law have remained without effect.[7]
The first person that tried was John F. Kennedy. Shortly before his murder by a supposedly crazy lone gunman, he wanted to lay the foundation for the US government to issue its own debt-free currency. Had he succeeded, the US government would no longer have been dependent on money created through public borrowing.
On June 4th, 1963 John F. Kennedy signed a presidential document “Executive Order Number 11110", replacing and repealing the previous document "Executive Order Number 10289", which enabled the creation of the “Federal Reserve”. President Kennedy wanted to return the production of bank notes under the powers of the state. He intended to return the natural power to produce state money for the benefit of the entire nation and without interest, for the circulation of money in the USA back to US congress.[8]
There are assumptions that the first legal act of office of his successor, Lyndon B. Johnson, was to repeal "Executive Order 11110“ on his way back from Dallas to Washington while still on the presidential plane.[9]
Meanwhile, an increasing number of nations are trying to withdraw themselves from this fraud by conducting their trade in Euro currency. In the year 2000, Iraq started to sell its oil in exchange for Euros instead of US dollars. Further, he exchanged his foreign currency reserves to Euro by selling all of the dollars he held. If other oil producing nations had followed the example of Iraq, the USA would have experienced significant losses.[10]
This fact explains the conflicts with Iran and Syria.
Meanwhile, we have come to the point that even the former chairman of the Federal Reserve Alan Greenspan explained openly: “The US banking system is a complete fraud, and we need much tougher regulations against this fraud. Things have been done which were surely illegal and in some cases even criminal. Fraud is a fact. Fraud creates great instability in competitive markets.”[11] By saying that, he expresses what the US member of congress Ron Paul has stated years ago about the FED: “it’s an immoral institution, because we have delivered to a secretive body the privilege of creating money out of thin air; if you or I did it, we'd be called counterfeiters, so why have we legalized counterfeiting?”[12]
That is why Ron Paul is right: If any citizen prints money it is called a forgery and punished with the full force of the law. If central bank does it, it is called “increasing the money supply”.
Interestingly, the printing of a $100 bill only costs the FED a few cents. The state in turn accepts a loan from the FED over the value of $100. Furthermore, the state and along with it its citizens are responsible for paying back this loaned sum along with the accumulated interest.
There were times when politicians showed remorse over their wrong decisions, if only shortly before their death. President Woodrow Wilson, who helped introduce the Federal Reserve System, later regretted when he said: “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.”[13]
Shortly before his death he was reported as having said that he was deceived and had betrayed his country.“[14]
The servitude through the credit system that Wilson spoke of, rests on compound interest and therefore on exponential growth.
EXPONENTIAL GROWTH – IS INTEREST UNCONSTITUTIONAL?
„ Now, money was invented chiefly for the purpose of exchange, and, consequently, the proper and