A History of How the Elitist Bankers Have Controlled the United States - Part 6

by

      George Sontag

      * President John F. Kennedy understood the predatory nature of private central banking. He

understood why Andrew Jackson fought so hard to end the Second Bank of the United States. So Kennedy wrote and signed Executive Order 11110 which ordered the US Treasury to issue a new public currency, the United States Note. Kennedy's United States Notes were not borrowed from the Federal Reserve but created by the US Government and backed by the silver stockpiles held by the US Government. It represented a return to the system of economics the United States had been founded on, and was perfectly legal for Kennedy to do. All told, some four and one half billion dollars went into public circulation, eroding interest payments to the Federal Reserve and loosening their control over the nation. Five months later John F. Kennedy was

John J. McCloy

assassinated in Dallas Texas, and the United States Notes pulled from circulation and destroyed (except for samples held by collectors). John J. McCloy, President of the Chase Manhattan Bank, and President of the World Bank, was named to the Warren Commission, presumably to make certain the banking dimensions behind the assassination were concealed from the public.
    
      We, at the American Constitutionalist firmly believe that the next world war will pit the elitists of the western world against the up and coming banking system emerging from the second-world countries of the world.It is known today as BRICS. This is why NATO is pushing up to Russia's doorstep, why the west is supporting a Nazi-like regime in Ukraine, and why the United States is also moving towards a more active Asian policy. Future history will most certainly describe this as World War Three.

                                                                     HOW WE GOT HERE 


      We need to examine the financial dimensions behind the push towards war. Towards the end of World War Two, when it became obvious that the allies were going to win and dictate the post war

The Infamous Bretton Woods

environment, the major world economic powers met at Bretton Woods, a luxury resort in New Hampshire in July of 1944, and hammered out the Bretton Woods agreement for international finance. The British Pound lost its position as the global trade and reserve currency to the US dollar (part of the price demanded by Roosevelt in exchange for the US entry into the war). Absent the economic advantages of being the world's "go-to" currency, Britain was forced to nationalize the Bank of England in 1946. The Bretton Woods agreement, ratified in 1945, in addition to making the dollar the global reserve and trade currency, obligated the signatory nations to tie their currencies to the dollar. The nations that ratified Bretton Woods did so on two conditions. The first was that the Federal Reserve would refrain from over-printing the dollar as a means to loot real products and produce from other nations in exchange for ink and paper; basically an imperial tax. That assurance was backed up by the second requirement, which was that the US dollar would always be convertible to gold at $35 per ounce.

      The Federal Reserve, being a private bank and not answerable to the US Government, did start overprinting paper dollars, and much of the perceived prosperity of the 1950s and 1960s was the result of foreign nations' obligations to accept the paper notes as being worth gold at the rate of $35 an ounce. Then in 1970, France looked at the huge pile of paper notes sitting in their vaults, for which real French products like wine and cheese had been traded, and notified the United States government that they would exercise their option under Bretton Woods to return the paper notes for gold at the $35 per ounce exchange rate. The United States had nowhere near the gold to redeem the paper notes, so on August 15th, 1971, Richard Nixon "temporarily" suspended the gold convertibility of the US Federal Reserve Notes. Later termed the "Nixon shock", this move effectively ended Bretton Woods and many global currencies started to delink from the US dollar.


                                                               THE SELLING OFF OF AMERICA 

     Worse, since the United States had collateralized their loans with the nation's gold reserves, it quickly became apparent that the US Government did not in fact have enough gold to cover the outstanding debts. Foreign nations began to get very nervous about their loans to the US and understandably were reluctant to loan any additional money to the United States without some form of collateral. So Richard Nixon started the environmental movement, with the EPA and its various programs such as "wilderness zones", Roadless areas", Heritage rivers", "Wetlands", all of which took vast areas of public lands and made them off limits to the American people who were technically the owners of those lands. But Nixon had little concern for the environment and the real purpose of this land grab under the guise of the environment was to pledge those pristine lands and their vast mineral resources as collateral on the national debt. The plethora of different programs was simply to conceal the true scale of how much American land was being pledged to foreign lenders as collateral on the government's debts; eventually almost 25% of the nation itself. All of this is illegal as the Enclave Clause of the Constitution limits the Federal Government to owning the land under Federal Government buildings and military bases, and that Enclave Clause was written into the Constitution by the Founding Fathers to specifically to prevent the Federal Government simply seizing the land belonging to the people to sell off, pledge as collateral, or rent!

Land no longer owned by the United States

                                   WHY WE ARE ENGAGED IN THE MIDDLE EAST

      With open lands for collateral already in short supply, the US Government embarked on a new program to shore up sagging international demand for the dollar. The United States approached the world's oil producing nations, mostly in the Middle East, and offered them a deal. In exchange for only selling their oil for dollars, the United States would guarantee the military safety of those oil-rich nations. The oil rich nations would agree to spend and invest their US paper dollars inside the United States, in particular in US Treasury Bonds, redeemable through future generations of US taxpayers. The concept was labeled the "petrodollar". In effect, the US, no longer able to back the dollar with gold, was now backing it with oil. Other peoples' oil. And that necessity to keep control over those oil nations to prop up the dollar has shaped America's foreign policy in the region ever since.

      In the next installment: The scramble to keep the illusion of prosperity alive.


                                                 
                                                                                                            *Text by Michael Rivero