International Bankster Cartel Uses Fractional Reserve Pyramid Scheme to Control All of America’s Economy By Stealth

The Legalization of Theft

The Legalization of Theft

In the current state of society, it just so happens that the ones with the most money are, in fact, the money-creators, themselves! And, these controllers lend us our own money at interest, and also decide upon its flow into our market!

Lending money at interest – also known as usury – has been declared morally reprehensible by all major religions of the world. For thousands of years, it was also outlawed as criminal by many of the most predominant secular cultures and nations that ever existed. And, there is a good reason for thisusury is an absolutely predatory, parasitic practice! It is obsolete and unnecessary in a free society, as it demands the exact opposite of freedom!

It institutes and legitimizes a tyrannical system of debt-slavery – wherein the financially strong benefit greatly by preying upon the financially weak unto ruin. Usury empowers a small minority of super-wealthy individuals to tax the very fruits of everyone else’s labor, without actually contributing their own work to our economic system – a system based in the trade of tangible goods, along with individual contribution via mental and/or physical labor. The math behind the system of usury never adds up, and, as with every game of musical chairs, some group of victims is always left holding the bag! And, due to the ability of the criminal banksters to engage in this amazing feat of purely speculative juggler’s accounting, these financial-vampires are able to permanently, repeatedly and overlappingly tax us for the continued use of the worthless paper they “lend” us – in the form of “interest”!

The bankster model of business is simply unsustainable! It requires the constant expansion of debt in order to maintain, and always concludes with a manufactured market crash, a money collapse, and a bankster-led looting of all available properties and assets in the ensuing panic and chaos. For the wealthy banksters, their primary mode of business IS is to operate the world’s most longest-running, most extensive, most elaborate, most highly-centralized, most far-reaching, and most generally unacknowledged pyramid scheme in the history of humankind – always regarded as “necessary” – and, hidden directly in the plain view of an unsuspecting populace – using the faith-in-bankster-based illusion of our very own monetary system!!!

To explain this all further, our current so-called “Federal Reserve,” in operation since 1913, and in complete unregulated control of America’s money, is a private corporation, and “no more federal than the Federal Express!” It operates, at interest, and for profit, under an unchecked, unbalanced monopoly, and is run as a single “entity” by a small group of privately-owned, international corporations that owe no allegiance to Americans, nor the American Government, on any level!!!

To understand the corporation known as the Federal Reserve, we must start with the Federal Reserve Act of 1913. Though it was unconstitutional, with the federal government having no authority to create a central bank monopoly, it was passed by Congress anyway, against the common interests of the American people. And, in actuality, it signifies the third attempt by America’s Federal Government to completely outsource our entire currency, credit and debt to private interests, overseas. Incidentally, the original attempt, in 1781, constituted our Federal government’s first officially-created corporation: the Bank of North America – much like the second and the third: The First Bank of the United States (in 1791), and The Second Bank of the United States (in 1816)! The First and Second Bank were sold to our government by corporate banking interests as a “necessary” step towards paying off America’s mounting war debts, and securing financial independence! And, of course, each of these efforts failed, miserably, due to the implementation of the absolutely corrupt, fraudulent Ponzi scheme of a money-lending system, known as “fractional-reserve-banking” (http://en.wikipedia.org/wiki/Fractional-reserve_banking), wherein banks are able to loan out a single bar of their gold or silver to up to ten individuals (in the form of debt notes), while the gold, itself, never leaves the vault! This system is a complete racket, and serves only to create and expand credit and debt, and purely at the service of the banksters who run the scam!

Since the foundation of America, and even before, a cabal of criminal banksters have sought full control of the country’s economy, and have been relentless in their pursuit, and their greed!!! These parasites have demanded nothing less than full-fledged, legalized, government-enforced slavery from the entire population!!! And, by the time the Second Bank of the US was in control of our currency, then-President Jackson got wise to the conspiracy against America’s liberty, and fought back against the lawlessness and tyranny of the central bankster monopoly money scheme, making it his personal mission to return control of America’s real, value-based currency system – in debt-free gold and silver coin – to the States, as Article I, Section 10 of the Constitution demands!

While Jackson was able to finally successfully prevent the renewal of the Second Bank’s charter with our country in 1836, it wasn’t before the criminal banksters had decisively engineered a crash of America’s economy by retracting credit – a false-flag event, enacted with the hopes of blaming and discrediting Jackson, and showing individuals that a central bank was “necessary.” To Jackson’s credit, the bankster scam completely backfire!

Here’s some background on what is now deemed the “Bank War”:
http://www.neh.gov/news/humanities/2008-01/KingAndrewandtheBank.html
http://truth-it.net/central_bank_and_andrew_jackson.html

Even Wikipedia notes that, after 1833, “Nicholas Biddle [President of the Second Bank of the United States] began calling in loans from across the country. Biddle believed that a financial crisis would highlight the need for a central bank. However, the move backfired, and angry businessmen and farmers blamed the bank. The bank lost its charter in 1836, and went out of business in 1841.”
(http://en.wikipedia.org/wiki/Bank_War)

Sadly… even though Jackson knew who the enemy of the American people was – the central banks – he did not fully understand how the parasite banksters committed their theft! Fractional reserve banking was the true culprit at work – and it was still not outlawed! Therefore, it would only be a matter of time before the private banksters manufactured another economic crisis, in order to call for the same, exact central bank “solution,” as they did, the last time!

Now, let’s quickly look at what some of our so-called “Founding Fathers” had to say about privatizing America’s banking and money system. As most of them were slave-owners, themselves, and could easily identify other systems of slavery at work, their objections, and the reasons why, are worth noting:

“All the perplexities, confusions and distresses in America arise not from defects in the Constitution or confederation, nor from want of honor or virtue, as much from downright ignorance of the nature of coin, credit, and circulation.”
– John Adams, August 25, 1787 (in a letter to Thomas Jefferson)
http://hdl.loc.gov/loc.mss/mtj.mtjbib003029 (full scan of original document, which starts with “image 227” – flip to “image 228” for portion quoted above)

“I consider the foundation of the Constitution as laid on this ground that ‘all powers not delegated to the United Statesby the Constitution, nor prohibited by it to the states, are preserved to the states or to the people. To take a single step beyond the boundaries thus specially drawn around the powers of Congress is to take possession of a boundless field of power, no longer susceptible of any definition. The incorporation of a bank, and the powers assumed by this bill, (chartering the first Bank of the United States), have not been delegated to the United States by the Constitution.”
– Thomas Jefferson, February 15, 1791 (in a letter to George Washington)
http://memory.loc.gov/cgi-bin/query/r?ammem/mtj:@field(DOCID+@lit(tj060092))

“If Congress can employ money indefinitely to the general welfare, and are the sole and supreme judges of the general welfare…in short, every thing, from the highest object of state legislation down to the most minute object of police, would be thrown under the power of Congress…. Were the power of Congress to be established in the latitude contended for, it would subvert the very foundations, and transmute the very nature of the limited Government established by the people of America.”
– James Madison, February 3, 1792 (stated during House debate on Cod Fishing Bill)
http://memory.loc.gov/cgi-bin/query/r?ammem/hlaw:@field(DOCID+@lit(ed00421))

“The monopoly of a single bank is certainly an evil. The multiplications of them was intended to cure it; but it multiplied an influence of the same character with the first, and completed the supplanting the precious metals by paper circulation… It is said that our paper is as good as silver, because we may have silver for it at the bank where it issues. This is not true. One, two, or three persons might have it; but a general application would soon exhaust their vaults, and leave a ruinous proportion of their paper in its intrinsic worthless form.”
– Thomas Jefferson, June 19, 1802 (in a letter to Albert Gallatin)
http://memory.loc.gov/cgi-bin/query/r?ammem/mtj:@field(DOCID+@lit(tj090177))

“[The] Bank of the United States… is one of the most deadly hostility existing, against the principles and form of our Constitution… An institution like this, penetrating by its branches energy party is the Union, acting by command and in phalanx, may, in a critical moment, upset the government. I deem NO government safe which is under the vassalage of any self-constituted authorities, or any other authority than that of the nation, or it’s regular functionaries. What an obstruction could not this bank of the United States, with all its branch banks, be in time of war? It might dictate to us the peace we should accept, or withdraw its aids. Ought we then to give further growth to an institution so powerful, so hostile? That it is so hostile we know 1, from a knowledge of the principles of the persons composing the body of directors in every bank, principal or branch ; and those of most of the stockholders: 2, from their opposition to the measures and principles of the government, and to the election of those friendly to them: and 3, from the sentiments of the newspapers they support.”
– Thomas Jefferson, December 13, 1803 (in a letter to Albert Gallatin)
http://memory.loc.gov/cgi-bin/query/r?ammem/mtj:@field(DOCID+@lit(tj100026))

“Bank paper must be suppressed, and the circulating medium must be restored to the nation to whom it belongs. It is the only fund in which they can rely for loans; it is the only resource which can never fail them, and it is an abundant one for every necessary purpose.”
– Thomas Jefferson, June 24, 1813 (in a letter to John Wayles Eppes)
http://memory.loc.gov/cgi-bin/query/r?ammem/mtj:@field(DOCID+@lit(tj110120))

“Everything predicted by the enemies of banks, in the beginning, is now coming to pass.  We are to be ruined now by the deluge of bank paper, as we were formerly by the old Continental paper.  It is cruel that such revolutions in private fortunes should be at the mercy of avaricious adventurers, who, instead of employing their capital, if any they have, in manufactures, commerce, and other useful pursuits, make it an instrument to burden all the interchanges of property with their dwindling profits, profits which are the price of no useful industry of theirs.  Prudent men must be on their guard in this game of Robin’s alives, and take care that the spark does not extinguish in their hands. I am an enemy to all banks discounting bills or notes for anything but coin.  But our whole country is so fascinated by this Jack-lantern wealth, that they will not stop short of its total and fatal explosion.”
– Thomas Jefferson, January 16, 1814 (in a letter to Dr. Thomas Cooper)
http://hdl.loc.gov/loc.mss/mtj.mtjbib021620 (full scan of original document, which starts with “image 187” – flip to “image 191,” then “image 192” for portion quoted above)

“I have ever been the enemy of the banks, not of those discounting for cash, but of those foisting their own paper into circulation, and thus banishing our cash. My zeal against those institutions was so warm and open at the establishment of the Bank of the United States, that I was derided as a maniac by the Tribe of bank-mongers, who were seeking to filch from the public their swindling and barren gains… The devil’s they have engendered are now upon us, and the question is how we are to get out of them?  Shall we build an altar to the old paper money of the Revolution, which ruined individuals but saved the republic, and burn on that all the bank charters, present and future, and their notes with them?  For these are to ruin both republic and individuals.  This cannot be done.  The mania is too strong.  It has seized, by its delusions and corruptions, all the members of our governments, general, special and individual.”
– Thomas Jefferson, January 24, 1814 (in a letter to John Adams)
http://hdl.loc.gov/loc.mss/mtj.mtjbib021627 (full scan of original document, which starts with “image 208” – flip to “image 212” for portion quoted above)

“Although a century of British experience has proved to what a wonderful extent the funding on specific redeeming taxes enables a nation to anticipate in war the resources of peace, and although the other nations of Europe have tried and trodden every path of force or folly in fruitless quest of the same object, yet we still expect to find in juggling tricks and babbling dreams, that money can be made out of nothing, and in sufficient quantity to meet the expenses of a heavy war by sea and land. It is said, indeed, that money cannot be borrowed from our merchants as from those of England. But it can be borrowed from our people. They will give you all the necessaries of war they produce, if, instead of the bankrupt trash they now are obliged to receive for want of any paper, you will give them a paper promise funded on a specific specific pledge, and of a size for common circulation. But you say the merchants will not take this paper. What the people take, the merchants must take, or sell nothing. All these doubts and fears prove only the extent of the dominion which the banking institutions have obtained over the minds of our citizens, and especially of those inhabiting cities or other banking places; and this dominion must be broken, or it will break us.”
– Thomas Jefferson, January 1, 1815 (in a letter to James Monroe)
http://memory.loc.gov/cgi-bin/query/r?ammem/mtj:@field(DOCID+@lit(tj110150))

“I contemplate [the system of banking] as a blot left in all of our Constitutions, which, if not covered, will end in their destruction… I sincerely believe that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.”- Thomas Jefferson, May 28, 1816 (in a letter to John Taylor)
http://memory.loc.gov/cgi-bin/query/r?ammem/mtj:@field(DOCID+@lit(tj110172))

“The bank mania is one of the most threatening of these imitations. It is raising up a moneyed aristocracy in our country which had already set the government at defiance, and although forced at length to yield a little on this first essay of their strength, their principles are unyielded and unyielding. These have taken deep root in the hearts of that class from which our legislators are drawn, and the sop to Cerberus from fable has become history. Their principles lay hold of the good, their pelf of the bad, and thus those whom the Constitution had placed as guards to its portals, are sophisticated or suborned from their duties.  That paper money has some advantages, is admitted.  But that it’s abuses also are inevitable, and, by breaking up the measure of a value, makes a lottery of all private property, cannot be denied. Shall we ever be able to put a constitutional veto on it?”
– Thomas Jefferson, May 10, 1817 (in a letter to Dr. Josephus B. Stuart)
http://hdl.loc.gov/loc.mss/mtj.mtjbib022846 (full scan of original document, which starts with “image 1104,” and continues on to “image 1105,” to view portion quoted above)

Notice the reoccuring theme?

After Jackson slayed the bankster beast, America began 60 years of official freedom from the grips of privatized, for-profit central banking. But, fractional reserve banking still continued, along with bigger wars, and more manufactured economic crises by the criminal banksters, so it was only a matter of time before central bankingwas again pushed as the “solution” to America’s debt problems, and the current Federal Reserve was chartered by Congress in 1913!

Congressman Charles A. Lindbergh of Minnesota, in 1913, said:

“This [Federal Reserve] Act establishes the most gigantic trust on Earth. When the President [Wilson] signs this bill, the invisible government of the Monetary Power will be legalized… the worst legislative crime of the ages is perpetuated by this banking and currency bill.”

In that same year, then-President Woodrow Wilson made some astute observations about the controllers of America, writing:

“A great industrial nation is controlled by its system of credit. Our system of credit of privately concentrated . The growth of the nation, therefore, and all our activities are in the hands of a few men… [W]e 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 of free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and the doors of small groups of dominant men.”
– from his book, The New Freedom, (Section VIII: “Monopoly, Or Opportunity?)
http://books.google.com/books?id=MW8SAAAAIAAJ&pg=PA185&dq=%22A+great+industrial+nation%22

Wilson also said:

“Since I entered politics, I have chiefly had men’s views confided to me privately. Some of the biggest men in the United States, in the field of commerce and manufacture, are afraid of somebody, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they had better not speak above their breath when they speak in condemnation of it.”
-from his book, The New Freedom (Section I: “The Old Order Changeth”)
http://books.google.com/books?id=MW8SAAAAIAAJ&pg=PA13&dq=%22Since+I+entered%22

The same President Woodrow Wilson that promised to keep America out of World War I soon found it impossible to keep his promise, as the banksters demanded it, and used their press apparatus to manipulate public opinion!

However, it wasn’t until two decades later that the Federal Reserve gained the power to turn America into an outright plantation of debt-slavery. In May of 1933, under the unconstitutional executive order 6102, President FDR confiscated all privately-held gold and declared it the property of the US Treasury. FDR claimed the authority to do this based on the “War Time Powers Act” of 1917. Once again, war served as the excuse for the relinquishing of American sovereignty to private foreign banking interests.
(http://en.wikipedia.org/wiki/Executive_Order_6102)

After this, worthless paper fiat “Federal Reserve Notes” became the sole standard under which America’s economic system would be allowed to operate – with no other backing. Since then, we, “the people,” have been operating under a double-blind-faith-in-bankster-based money, with “legal tender bills” not actually representing any real intrinsic value outside the system, unlike the days when our coinage was created using valuable metals, like gold and silver. Our currency is literallymonopoly money” created out of thin air by “the” money lenders!

As a side note, another rarely-mentioned event that took place in 1933 was the “Business Plot” to overthrow FDR (in a military coup d’état). It was formulated by a small group of wealthy, elite businessmen (much like our Federal Reserve Banksters described above), a fact brought to light a year later by would-be-recruited-general, turned whistle-blower: retired Maj. Gen. Smedley Butler. Even to this day, most of the specifics have not been disclosed by our government:
http://en.wikipedia.org/wiki/Business_Plot

After helping the criminal banksters loot America’s gold, on November 21, 1933, FDR admitted exactly who was undermining America’s Constitution Republic, saying:

“The real truth of the matter is, as you and I know, that a financial element in the large centers had owned ever since the days of Andrew Jackson – and I am not wholly excepting the administration of WW. The county is going through a repetition of Jackson’s fight with the Bank of the United States  — only on a far bigger and broader basis.”
– from the 1970 book, F.D.R: His Personal Letters, Vol. 3 (within a letter written to Edward M. House)
http://bks9.books.google.com.ag/books?id=VpwqAAAAYAAJ&dq=related%3ALCCN47011935&q=andrew+jackson#search_anchor – http://bks9.books.google.com.ag/books?id=VpwqAAAAYAAJ&dq=related%3ALCCN47011935&q=wholly+excepting#search_anchor

One thing is for certain: there is a connection between the Business Plot to overthrow FDR, and FDR’s handing over of America’s gold to the the criminal banksters.

In 1932, Louis T. McFadden, a Congressman from Pennsylvania (20 years), and Chairman of the Committee on Banking and Currency (11 years), brought formal charges against the Federal Reserve.

According to Wiki:

“[McFadden] claimed [the Federal Reserve] was created and operated by European banking interests who conspired to economically control the United States. In June 10, 1932, McFadden made a 25-minute speech before the House of Representatives, in which he accused the Federal Reserve of deliberately causing the Great Depression. McFadden also claimed that Wall Street bankers funded the Bolshevik Revolution through the Federal Reserve banks and the European central banks with which it cooperated.”
(http://en.wikipedia.org/wiki/Louis_T._McFadden)

Here are some of the more prominent points McFadden made during his speech – all of which are part of Congressional Record 12595-12603:

“Some people think the Federal Reserve Banks are the United States government’s institutions. They are not government institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign swindlers.”

“We have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board. This institution has impoverished the people of the United States and has practically bankrupted our government. It has done this through the corrupt practices of the money vultures who control it. A superstate controlled by international bankers and international industrialists acting together to enslave the world for their own pleasure.”

“When the Federal Reserve Act was passed, the people of these United States did not perceive that a world banking system was being set up here. A super-state controlled by International Bankers and international industrialists acting together to enslave the world for their own pleasure. Every effort has been made by the Fed to conceal its powers, but the truth is – the Fed has usurped the Government. It controls everything here, and it controls all our foreign relations. It makes and breaks governments at will.”

“[The Great Depression] was not accidental; it was a carefully contrived occurrence. The international Bankers sought to bring about a condition of despair here so that they might emerge as rulers of us all.”

This and more can all be read at:
http://home.hiwaay.net/~becraft/mcfadden.html

Now, let’s look at what some of the wealthiest families in the world have to say about their own business:


Permit me to issue and control the money of a nation, and I care not who makes its laws” – Amschel Mayer Rothschild, 1790 (Godfather of Rothschild Banking Cartel Head of the Bank at Frankfurt-am-Main, Germany)

For some historical reference of this fact, note that these words were recorded in page 99 of the 76th Congress, 1st Session, Senate Document 23, printed in 1939, as pointed out by Senator Robert L. Owen, former Chairman of the Senate Committee on Banking and Currency (also, incidentally, a sponsor of the Federal Reserve Act, National Economy and the Banking System):
http://archive.org/stream/NationalEconomyAndTheBankingSystemOfTheUnitedStates/NationalEconomyAndTheBankingSystem#page/n103/mode/2up/search/rothschild

This same book can also be found here, as scanned from the library at Cornell University (note that it is a separate scan of the text, and yet, contains the same exact text within):
http://catalog.hathitrust.org/Record/009078934

This same quote from Mayer Rothschild can also be found in Gertrude M. Coogan’s 1935 book, “Money Creators”:
http://archive.org/stream/MoneyCreators/Coogan-MoneyCreators-WhoCreatesMoney-WhoShouldCreateIt1935#page/n169/mode/2up

European banks, and more specifically, the Rothschild Banking Cartel, have operated under the following maxim for a very long time:

Let us control the money of a country, and we care not who makes its laws.”

This truth is an undisputed matter of Congressional Record; one that has never been refuted during any of the number of times that it was brought up in the United States’ House and Senate debates!

You can find this fact within the 1908-dated, “Hearings on HR 9180 (to provide for the creation of a banking and currency commission, directing its investigation and report to the next session of this Congress, and for other purposes), HR 12655 (to create a fund to be used to protect depositors in national banks from loss), and HR 14403 (to provide for an elastic currency system, etc.),” made before the Banking and Currency Committee, in the House Representative, as pointed out by Mr. T.C. Daniel of Virginia:
http://books.google.com/books?id=zqkfAAAAMAAJ&pg=RA2-PA6&dq=%22let+us+control+the+money+of+a+country%22#v=onepage&q=%22let%20us%20control%20the%20money%20of%20a%20country%22&f=false

Again, in 1913, Mr. T.C. Daniel pointed out the same exact statement at the “Banking and Currency Hearing Before The Committee on Banking and Currency Hearings Before the Committee on Banking and Currency,” during the 63 Congress, First Session on HR 7837 (S. 2639) (a bill to provide for the establishment of federal reserve banks, for the furnishing an elastic currency affording means of rediscounting commercial paper, and to establish a more effective supervision of banking in the United States, and for other purposes):
http://books.google.com/books?id=EDsuAAAAYAAJ&pg=PA3142&lpg=PA3142&dq=Rothschild+reduced+it+to+the+broad+maxim&source=bl&ots=Zg76chEwcs&sig=9D-NOJ3q_afYBNXeCxHInZ3hWGs&hl=en&sa=X&ei=HzpJUdSsHvTE4APL94CoCQ&ved=0CDwQ6AEwAg#v=onepage&q=Rothschild%20reduced%20it%20to%20the%20broad%20maxim&f=false

Finally, in 1914, during the “Rural Credits: Joint Hearings Before the Subcommittees of the Committees on Banking and Currency of the Senate and of the House of Representatives Charged with Investigation of Rural Credits,” Mr. T.C. Daniel again stated this same fact:
http://books.google.com/books?id=Q7MPAAAAIAAJ&pg=PA771&dq=%22let+us+control+the+money+of+a+country%22#v=onepage&q=%22let%20us%20control%20the%20money%20of%20a%20country%22&f=false

Now, would it surprise you to know that the sons of Amschel Mayer Rothschild (1744–1812) all held the highest positions of the biggest banks of Europe, and all at the same exact time!? That’s right! While Amschel Mayer Rothschild (1773-1855) stepped in after his father died, as head of the bank at Frankfurt-am-Main, German, Salomon Mayer Rothschild (1774-1855) established, and headed a highly successful Rothschild branch bank in Vienna, Austria (called “S. M. Rothschild and Sons”), Nathan Mayer Rothschild (1777-1836) became head of a highly successful Rothschild branch bank in London, Calmann Mayer Rothschild (1788-1868) established and headed a highly successful Rothschild branch bank in Naples, Italy, and Jacob Mayer Rothschild (1792-1868) established a highly successful Rothschild branch bank in Paris, France (originally called “Messieurs de Rothschild Freres,” but was changed to “La Banque Rothschild” in 1967)?

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9 Responses to International Bankster Cartel Uses Fractional Reserve Pyramid Scheme to Control All of America’s Economy By Stealth

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  6. joebhed says:

    Great f-in piece.
    Thanks.
    What to do?
    Take back the money system???

    http://www.monetary.org/wp-content/uploads/2011/10/HR-2990.pdf

    I think so.
    We need a remedy, No ?

    The Money System Common

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