I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs. – Thomas Jefferson
Business people say, “Follow the money.” So let’s look at the genesis of financial problems today.
The Federal Reserve Act allowed private banks to control our government money even though that was unconstitutional. President Woodrow Wilson, it is rumored, regretted his decision granting his campaign financiers total control of our monetary system, but it was what it was—unConstitutional and outright treason. But that was 1913 when they also established the permanent income tax.
Move ahead to 1933 and Franklin D. Roosevelt demanded all good patriots surrender all their gold and silver before the country went broke. Even bankrobbers never had it so easy—a heist without guns! Though it took him a year to make it official—the Federal Reserve would keep all that gold! But that wasn’t all. The Federal Reserve started using our gold as a Gold Standard Federal Reserve Note, commonly called as a U.S. Dollar, and offered it to foreign banks.
Some of you may remember all the stories of Ft. Knox where they stored all the gold. Have you ever wondered why we stopped hearing these stories as we grew up?
In 1963, another President comes along bringing his need to pay off his supporters, but can’t figure out exactly how to do it. Then he has an idea. President Lyndon B. Johnson says, “I’ll just tell the people they can’t redeem their Federal Reserve Notes for silver or gold now. Hmmm…. Yes, that should take care of it.” And no one asked him what happened to the gold.
Then in 2008 a new President comes along with BIG supporters he must pay off, but the gold is gone, the world is getting wise to the Federal Reserve note’s illegitimacy. It is what made Saddam Hussein a problem that had to be dealt with. He said to himself, “Well the Rooster has stolen the golden eggs, but if I paint some egg shells gold, maybe no one will know.” So there you have it a plan to make FIAT money look like gold. Still that left one problem: who is going to pay the real bill to my supporters, he thought. It must be someone who really hates America and we need someone willing to do anything for me. I know, the new President said, I’ll send Hillary to China to give them eminent domain of all property in the United States if we default on our loan repayment! Problem solved. Still we have to get some gold to those companies who took the FIAT money, but that just keeps things interesting. Oh! There goes Boardwalk and Park Avenue. This game of Monopoly never felt so real before!
The other aspect of this monetary system created by the FEDS was their ability to control the market. The crashes they “created” periodically allowed their banks to buy up your assets at the cheapest rates possible. In truth, it was an illusion to get you to surrender things that you bought with FIAT money. If you buy into their system and make your mortgage payments you are just legitimizing an illegitimate entity.
And that is the story of the Long Con the Global Elites have been playing on us and leaving us with Fascism that is so entrenched it is hard to sort out the tentacles of deceit, power and control.
Ellen Brown – trial attorney and the author of the book Web of Debt – has launched an initiative to urge Obama to save the economy by taking the power to create money away from the bankers, and give it back to the government as the Founding Fathers intended. Brown’s ideas have been endorsed by many very smart and independent financial experts. Click here and vote Brown’s proposal up.