![\"\"](\"http:\/\/www.smartvalueblog.com\/wp-content\/uploads\/2019\/03\/DebtDishonestyAndTreason.jpg\")
<\/a><\/p>\n\n\n\n
9. Rest\nassured, if the vast majority of people don’t understand central banks or how\nthey operate, it is because they weren’t meant to. Few realize that during the\nlast few centuries, while the peoples of the world gradually were winning their\npolitical freedom from monarchies.<\/p>\n\n\n\n
10. The\nmajor banking families of the world were nullifying the trend toward\nrepresentative government by setting up new dynasties of political control, but\nbehind the scenes, in the form of international financial combines.<\/p>\n\n\n\n
11. These\nbanking dynasties had learned that all governments, whether they be monarchies\nor democracies, must borrow money in times of emergency & that by providing\nprivate funds, with strings attached, of course; gradually they could bring\nboth kings\/political leaders under their control.<\/p>\n\n\n\n
12. Their\nkey to success has been to control and manipulate the money system of a nation,\nwhile letting it appear to be controlled by the government. The net effect is\nto create money out of nothing, lend it to the government and collect interest\non it; a rather profitable transaction, to say the least.<\/p>\n\n\n\n
13. People\nshould be more familiar with the identities of these clever banking dynasties.\nThey include such names as Barring, Hambros, Lazard, Erlangcr, Warburg,\nSchroder, Selingman, Speyers, Mirabaud, Mallet, Fould, Lehman, and above all,\nRothschild, Rockefeller, and Morgan.<\/p>\n\n\n\n
14. It\nshould be noted that, while the Rothschilds and other Jewish families\ncooperated together in these ventures, this was by no means a Jewish monopoly\nas some have alleged.<\/p>\n\n\n\n
15. Men of\nfinance of many nationalities and many religious and non-religious backgrounds\ncollaborated together to create this super-structure of hidden power. Its\nessence was not race, nor religion, nor nationality. It was simply a passion\nfor control over other human beings.<\/p>\n\n\n\n
16. It all\nstarted with a man called William Paterson who was a Scottish trader and\nbanker. Paterson made his fortune with foreign trade (primarily with the West\nIndies) at the Merchant Taylors\u2019 Company.<\/p>\n\n\n\n
17. In 1694,\nhe founded the Bank of England to act as the English government\u2019s banker.\nEngland had just suffered through 50 years of war. Financially exhausted, the\ngovernment needed loans to fund their political activities.<\/p>\n\n\n\n
18. Paterson\nproposed a loan of \u00a31.2 million (approximately $35.8 Billion in today\u2019s money)\nto the English government. In return, his bank would receive privileges, which\nincluded the issuing of money notes. The English government soon endorsed this\nidea and the very first private central bank was born.<\/p>\n\n\n\n
19. Through\nhis privately owned bank, the central bank of England, William Paterson was\nable to issue and loan money to the English government out of thin air with\ninterest, and his bank has been doing so ever since.<\/p>\n\n\n
<\/a>20. Fast\nforward to the 20th century. After two failed attempts, another group of\nbankers wanted to establish a private central bank in the United States of\nAmerica.<\/p>\n\n\n\n
21. It was\nDecember of 1910 and Senator by the name of Nelson Aldrich boarded a private\nrail car with six other men parked at a New Jersey train station. The\ndestination? Jekyll Island off the coast of Georgia. (At that time, this Island\nwas an exclusive retreat of the wealthy elite).<\/p>\n\n\n\n
22. These\nsix men were agents from the world\u2019s three greatest banking houses: those of\nJohn D. Rockefeller, J. P. Morgan, and the Rothschilds. Together, they represented\nan estimated 25 percent of the World\u2019s entire wealth.<\/p>\n\n\n\n
23. Acting\nfor the Rockefellers were Senator Aldrich and Frank Vanderlip. Representing the\nMorgan interests were: Benjamin Strong, Henry Davison, and Charles Norton. It\nshould be noted that these three bankers went on to become Founding Members of\nthe Council on Foreign Relations (CFR).<\/p>\n\n\n\n
24. The\ndangerous CFR and how this subversive group has been working to destroy U.S.\nsovereignty since 1921.<\/p>\n\n\n\n
25. But the\nmost important figure, who actually ran the secret meeting, was Rothschilds\u2019\nagent, Paul Warburg (also a founding CFR member).<\/p>\n\n\n\n
26. What\ncame out of that meeting you might ask? The meeting went for nine days, and\nfrom that, these international bankers wrote the legislation that would grant to\nthem a private franchise over this nation’s money system.<\/p>\n\n\n\n
27. Of\ncourse, this group had to conceal the fact that it would be writing the\nlegislation itself, and this presented some problems. The lengths it went to in\norder to hide its role reads like a scene out of a mystery novel.<\/p>\n\n\n\n
28.\nUnfortunately, the Jekyll Island story didn\u2019t leak until 1916, years after the\ndamage had already been done. And even after it was exposed, \u201ceducators,\ncommentators, and historians\u201d continued to deny that the meeting ever took\nplace.<\/p>\n\n\n\n
29. Anyone\nwho pointed out the nefarious origins and authors of the Federal Reserve Act\nwas smeared and dismissed as a conspiracy theorist. Fortunately, the truth\nfinally did come out, and the conspiracy theorists were vindicated.<\/p>\n\n\n\n
30. Perhaps\nthe most definitive admission came from Frank Vanderlip, President of the most\npowerful New York bank at the time (National City Bank, now Citibank) whom\nlater went on to reveal his role in the writing of the bill that created the\nFED. <\/p>\n\n\n\n
31. Despite\nthis admission over 75 years ago, despite other participants and their\nbiographers who have admitted the same, despite the fact that Federal Reserve\nChairman (Ben Bernanke) returned to Jekyll Island in 2010 to commemorate the\nFED\u2019s founding 100 years earlier.<\/p>\n\n\n\n
32. Still\nthe vast majority of people have never heard of the trip to Jekyll Island and\nhave no idea that “international bankers\u201d created the system that was\nsupposed to protect them from international bankers.<\/p>\n\n\n\n
33. The\nFederal Reserve\u2019s origination at the Jekyll Island meeting is well-established.\nToday Jekyll Island is open to the public. You can visit the Jekyll Island Club\nHotel, and sit in its \u201cFederal Reserve Room\u201d where the Fed was birthed.<\/p>\n\n\n\n
34. Using\ngovernment as its instrument, these criminals designed America\u2019s central bank, crafting\nthe name \u201cFederal Reserve System\u201d to deceive Americans. While \u201cFederal\u201d implied\npublic control, it is in fact owned by private shareholders.<\/p>\n\n\n\n
35.\n\u201cReserve\u201d suggested it would hold reserves to protect banks, but it has no hard\nassets; only instruments of debt. \u201cSystem\u201d implied its power would be to\ndiffuse (through regional Federal Reserve banks) whereas actual power would be\ncentralized in the Board & the New York FED.<\/p>\n\n\n\n
36. Sneaking\nthe unconstitutional Federal Reserve System scheme into law to sell this scheme\nto the voters, these bankers created the propaganda line that the proposed\nbanking law some how would work against the monopolies.<\/p>\n\n\n\n
37. The\nbankers initially drafted the Federal Reserve as the \u201cAldrich Bill”, but\nwhen it came to Congress, they recognized Senator Alfred Aldrich\u2019s name, became\nsuspicious, and decided against passing the bill.<\/p>\n\n\n\n
38. A newly\npackaged Glass-Owen Federal Reserve Act, which mirrored Aldrich\u2019s version in\n\u201call essential provisions\u201d was then put forward by Democrats as being radically\ndifferent; a bill written by selfless public servants to protect the citizenry\nfrom selfish out-of-control bankers.<\/p>\n\n\n\n
39.\nPoliticians took up the cry “Banking Reform” and “Down with Wall\nStreet”. And then, to make it look convincing, the very same people who\nhelped author the legislation on Jekyll Island began speaking out publicly\nagainst it.<\/p>\n\n\n\n
40. As the\nFederal Reserve Act moved closer to its birth, both Aldrich & Vanderlip\nthrew themselves into a great public display of opposition. No opportunity was\noverlooked to make a statement to the press (or anyone else of public\nprominence) expressing their eternal animosity to it.<\/p>\n\n\n
<\/a>41. Since\nAldrich was recognized as associated with the Morgan interests and Vanderlip\nwas President of Rockefeller\u2019s National City Bank, the public was skillfully\nled to believe that the “big bankers” were mortally afraid of the\nproposed Federal Reserve Act.<\/p>\n\n\n\n
42. The\nNation was the only prominent news publication to point out that every one of\nthe horrors described by Aldrich & Vanderlip could have been equally\nascribed to the original Aldrich Bill. But this lone voice was easily drowned\nout by the great cacophony of deception and propaganda.<\/p>\n\n\n\n
43. And as\nVanderlip, Aldrich, and other \u201cbig-business Republicans\u201d continued to attack\nthe \u201cnew\u201d legislation, more and more well-meaning Americans fell for the ruse.<\/p>\n\n\n\n
44. In the\nwaning hours of December 23, 1913 when most of Congress had already left for\nthe holidays the Federal Reserve Act finally was passed into law. Something\nknown as the Federal Reserve System came into being and with it total control\nof the nation’s money fell into private hands.<\/p>\n\n\n\n
45.\nPresident Wilson named Paul Warburg (CFR member), vice chairman of the Federal\nReserve Board (a position from which national interest rates would be set).\nBenjamin Strong (CFR member), was appointed to run the New York FED, the\nsystem\u2019s nucleus.<\/p>\n\n\n\n
46. The very\nmen who had secretly planned the bank now controlled it. The “foxes”\nare\/were in charge of the “hen house”.<\/p>\n\n\n\n
47. Among\nthe privileges that Woodrow Wilson received for the role he played in\ninitiating the Federal Reserve, they printed his face on the largest U.S. dollar\nnote ever issued, the 100,000 dollar bill.<\/p>\n\n\n\n
48. They\nfashioned these money notes from December 1934 to January 1935 and used them\nfor transactions between Federal Reserve Banks, not for circulation among the\ngeneral public.<\/p>\n\n\n\n
49. Quick\nsidenote on Senator Nelson Aldrich: You may not have heard of \u2018Aldrich\u2019 but\nyou’ve probably heard of billionaire New York governor Nelson Rockefeller (also\na member of the CFR) and one of America\u2019s richest men and Vice President to\nGerald Ford (whom also a CFR member).<\/p>\n\n\n\n
50. His full\nname: Nelson Aldrich Rockefeller, named for his grandfather, Nelson Aldrich.\nAldrich\u2019s daughter married John D. Rockefeller, Jr., and his son Winthrop (also\na founding member of the CFR), served as chairman of the Rockefellers\u2019 Chase\nNational Bank.<\/p>\n\n\n\n
51. When\nNelson Aldrich spoke on Capitol Hill, insiders knew he was acting for the\nRockefellers and their allies in high finance.<\/p>\n\n\n\n
52. In\naddition to Nelson Aldrich\u2019s \u201cPublic service\u201d of helping create a central bank\nin the U.S., it should be noted that he authored and led the conception of the\n16th Amendment to the Constitution that authorized the imposition of the\nFederal Income Tax on American citizens.<\/p>\n\n\n\n
53. This\noverachieving traitor accomplished this in the very same year he co-directed\nthe conception of the FED.<\/p>\n\n\n\n
54. Though\nnow an accepted way of life, income tax was not always around. The original\nU.S. Constitution excluded it; in 1895 the Supreme Court ruled it would be\nunconstitutional.<\/p>\n\n\n\n
55.\nTherefore, the only way these bankers could establish income tax was by\nlegalizing it through a Constitutional Amendment.<\/p>\n\n\n\n
56. Why did\nAmericans accept income tax? Because it was originally only one percent of a\nperson\u2019s income, for salaries under $20,000 (the equivalent of about $500,000\nin today\u2019s dollars).<\/p>\n\n\n\n
57. Senator\nAldrich and other supporters of the tax issued assurances it would never go up.\nSo patriotic Americans said: \u201cIf Uncle Sam needs one percent of my salary, and\nI can always keep the rest, it is Okay by me.\u201d<\/p>\n\n\n\n
58. But you\nknow what happened. Congress later dolefully informed Americans it needed to\nraise taxes a smidgen. A few smidgens later and, depending on bracket, we are\nlosing 15, 25, 28, or 33 percent of our income to federal tax.<\/p>\n\n\n\n
59. It is\nsaid that if you want to boil a frog, you can\u2019t just toss him in theboiling\nwater. Instead, you put him in lukewarm water, and gradually turn up the heat.<\/p>\n\n\n
<\/a>60. That\nway, the frog never realizes he has been boiled. This, in effect, is what these\ntraitors did to Americans, knowing that once we became accustomed to taxes, the\namounts could incrementally be turned up to \u201cboil\u201d. It was a long-range plan.<\/p>\n\n\n\n
61. It would\nlogically follow that these rich bankers would never have wanted an income tax.\nAfter all, it \u201csoaks the rich\u201d; the wealthier you are, the more taxes you pay.<\/p>\n\n\n\n
62. It is\ntrue that income tax is graduated. If an American today earns $100,000 or\n$200,000 per year, he or she usually owes lots of tax. But not the super-rich.\nThe conspirators had no intention of paying substantial income tax.<\/p>\n\n\n\n
63. How did\nthese wealthy banking families escape taxes? The means were numerous, but a\nmajor one was placing their assets in tax-free foundations, and using their\ngrants to advance their globalist agenda.<\/p>\n\n\n\n
64. In\nsummary, this is what happened. In 1913, these criminals created the Federal\nReserve, which not only gave them control over interest rates and thus the\nstock market, but empowered them to create trillions of dollars from nothing,\nwhich they would then loan back to America.<\/p>\n\n\n\n
65. Also in\n1913, the criminals ended tariffs and installed income tax, enabling them to\nexact repayment on these interest-bearing loans to the government. Ever since,\nAmerica has been immersed in skyrocketing debt, now said; officially, to exceed\n$22 trillion.<\/p>\n\n\n\n
66.\nIncidentally, Washington politicians love this system. By letting the FED\nfinance their expenditures with money made from nothing, politicians know they\ncan spend without raising taxes.<\/p>\n\n\n\n
67. When the\nFED produces more currency, making prices rise, who do we blame? Not the FED. Not\npoliticians. Instead, we blame the local business or retail store.<\/p>\n\n\n\n
68. \u201cWhy are\nyou guys jacking up your prices again?\u201d Or we blame the candy company for\nmaking a smaller chocolate bar, or the cereal company for putting less corn\nflakes in the box.<\/p>\n\n\n\n
69. But\nthese businesses are simply trying to cope with the same dilemma as We The\nPeople: inflation. The problem is not that prices are going up, the problem is\neverytime the FED creates money from nothing it increases the amount of money\nin America, thereby decreasing money\u2019s value.<\/p>\n\n\n\n
70. For the\nbanking elite, the system meant endless profits, but for the rest of us, it is\na hidden tax. And it is more unfair than conventional taxes, which are scaled\nby income. Inflation affects all equally, making no exceptions for the needy.<\/p>\n\n\n\n
71. In\nAmerica today, many young couples work hard. Commonly, both spouses hold jobs\nand can barely pay the rent.<\/p>\n\n\n\n
72. When\ngreat grandpa came to America, income tax didn\u2019t exist. Today\u2019s average workers\nlose up to 50% of their pay to taxes: fed income tax, state income tax, SSN\ntax, real estate tax, sales tax, excise tax, utilities tax, et al.<\/p>\n\n\n\n
73. If half\na family\u2019s wages go to taxes, won\u2019t it need 2 jobs to maintain the same\nstandard of living? Furthermore, great grandpa had a stable dollar; it didn\u2019t\nplummet in value every year like now. (The American colonists went to war with\nBritain when tax levels reached only 21%.)<\/p>\n\n\n\n
74. That is\nwhy, following 250 years of stable prices, we have had punishing inflation\nsince the FED\u2019s birth in 1913. Every effect has a cause.<\/p>\n\n\n\n
75. The\nprice levels from 1774 – 2012. Note there was no net inflation for the first\n113 years (only inflationary blips during wartime that returned to its normal\nvalue). Then, in 1913, with the creation of the FED, our money began to rapidly\nand permanently lose its value.<\/p>\n\n\n