by
George
Sontag
*The
swearing in of Progressive Theodore Roosevelt opened the doors for
the elite and in 1913, the Private Central Bankers of Europe,
in particular the Rothschilds of Great Britain and the Warburgs of
Germany, met with their American financial collaborators on Jekyll
Island, Georgia to form a new banking cartel with the express purpose
of forming the Third Bank of the United States, with the aim of
placing complete control of the United States money supply once again
under the control of private bankers. Owing to hostility over the
previous banks, the name was changed to "The Federal Reserve"
system in order to grant the new bank a quasi-governmental image, but
in fact it is a privately owned bank, no more "Federal"
than Federal Express.
1913 proved to be a trans formative year for the nation's economy,
first with the passage of the 16th "income tax" Amendment
and the false claim that it had been ratified. In 2003, U.S. District
Court Judge James C. Fox, commenting on the case of Sullivan Vs.
United States,stated,
"I
think if you were to go back and and try to find and review the
ratification of the 16th amendment, which was the internal revenue,
the income tax, I think if you went back and examined that carefully,
you would find that a sufficient number of states never ratified that
amendment." (*Editors
Note - This ruling means that the 16th Amendment is not legal under
the Constitution.)
Later
that same year, and apparently unwilling to risk
another questionable
amendment, Congress passed the Federal Reserve Act over Christmas
holiday 1913, while members of Congress opposed to the measure were
at home. This was a very underhanded deal, as the Constitution
explicitly vests Congress with the authority to issue the public
currency, does not authorize its delegation, and thus should have
required a new Amendment to transfer that authority to a private
bank. But pass it Congress did, and President Woodrow Wilson signed
it as he promised the bankers he would in exchange for generous
campaign contributions.
(*Editors
Note - Under the Constitution, only a new Amendment could transfer
the government's authority to create the currency to a private
party.)
The
next year, World War One started, and it is important to remember
that prior to the creation of the Federal Reserve, there was no such
thing as a world war. Woodrow Wilson later regretted his decision to
turn over the nations currency to private bankers. "I
am a most unhappy man. I have unwittingly ruined my country. A great
industrial nation is now controlled by its system of credit. We are
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 1919
In 1914, with the United States economy now under their control
the elitists turned their attention to Europe and although the war
started between Austria-Hungary and Serbia , they quickly shifted to
focus on Germany, whose industrial capacity was seen as an economic
threat to Great Britain, who saw the decline of the British Pound as
a result of too much emphasis on financial activity to the neglect of
agriculture, industrial development, and infrastructure (not unlike
the present day United States). Pre-war Germany had a private central
bank under government control and it was heavily restricted by law.
When the elitist bankers broke free of government control, massive
inflation followed (mostly triggered by currency speculators) ,
permanently trapping the German people in endless debt and the
elitists reaped the rewards.
When the Weimar
Republic collapsed economically, it
opened the door for the National
Socialists to take power. Their first financial move was to issue
their own state currency which was not borrowed from private central
bankers. Freed from having to pay interest on the money in
circulation, Germany blossomed and quickly began to rebuild its
industry. The media called it "The German Miracle".
TIME magazine lionized Hitler for the amazing improvement in life for
the German people and the explosion of German industry, and even
named him TIME Magazine's Man Of The Year in 1938. The elephant in
the room was that Germany's state-issued value based currency was
also a direct threat to the wealth and power of the private central
banks, and as early as 1933 they started to organize a global boycott
against Germany to strangle this upstart ruler who thought he could
break free of private central bankers!
The
elite was out of power again in Germany. This could not, would not
stand. This first destruction of a free government via a European war
wasn't enough to solidify their grip, they had to try again. We will
continue in our next installment.
*Text by Michael
Rivero
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