Dollar is NOT Fiat. People ARE Collateral
“It is well enough the people of this nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”
– Henry Ford
The idea for the Federal Reserve System took place in a meeting held on Jekyll Island off the coast of Georgia in 1910.
Not every banker/wealthy elite was in favor of a privately owned central bank, including John Jacob Astor IV (considered the world’s richest man at the time), Benjamin Guggenheim, and Isa Strauss.
These men were all aboard the Titanic, a ship funded and built by JP Morgan … who happened to cancel his attendance aboard the ship last second.
The conditioning of the American people to accept a central bank had further reinforcement from a currency panic in 1907. For 3 weeks straight, a financial crisis loomed over an already downturned american economy that had seen 6 months of an eroding stock market. Numerous runs on banks and trust companies took place , until luckily, JP Morgan came to the rescue with a bailout.
The american public hailed Morgan as the savior of the banking system, the stock exchange, and even New York City.
Morgan’s generosity did not go unrewarded. Teddy Roosevelt, despite his antitrust proclivities, allowed Morgan to purchase the Tennessee Coal and Iron Company for about $45 million when the true value was closer to $700 million, thus expanding Morgan’s steel empire.
With the sinking of the Titanic, along with all of the Fed’s opposition, The Federal Reserve Act was signed into law by President Woodrow Wilson on Dec.23, 1913 along personal income tax.
THE U.S. FEDERAL RESERVE BANK IS A PRIVATELY OWNED CORPORATION. “Article 1, Section 8 of the Constitution states that Congress shall have the power to coin (create) money and regulate the value thereof …”
The Fed moved next to inflame the american citizens towards supporting the European war of 1914- 1918, otherwise known as World War I.
Warfare provides a source of immense borrowing and provides banking corporations with huge profits in the form of interest income.
These are the same bankers who will finance Adolph Hitler two decades later.
“Sarah, if the American people had ever known the truth about what we Bushes have done to this nation, we would be chased down in the streets and lynched.”
– George Bush Senior speaking in an interview with Sarah McClendon in December 1992
The Treasury of the largest emerging economy in the world had to transfer funds to private bankers in order to prevent a financial collapse from the great first war.
The U.S. Treasury is now the IMF. (Presidential Documents Volume 29-No.4 pg. 113, 22 U.S.C. 285-288)
The IMF is an Agency of the UN. (Blacks Law Dictionary 6th Ed. Pg. 816)
The bulk of ownership of the Federal Reserve System is a very well kept secret from the average american citizen.
The Great Depression of 1929 was orchestrated by the Fed in order to plunge the country into ultimate debt, inevitably forcing the government to declare bankruptcy.
When the UNITED STATES declared bankruptcy in 1933 under the bankruptcy (Straw man) law known as HJR 192, all Americans were pledged as collateral against the national debt to the International Bankers; all land was given to the international bankers (Federal Reserve Corporation); all gold confiscated and outlawed except for one ounce for each person; thus, eliminating the lawful means (Gold and Silver Coins) by which you could legally pay your debt. The UNITED STATES also assumed legal responsibility for providing a new way for you to pay.
In 1933, the UNITED STATES Government declared that they would pay all of YOUR debts with the money they receive from your labor, birth certificate, and Social Security registered number by what is known as your Reserve Account.
Since 1933, every penny of our income taxes goes to these central bankers as interest for their investment … in us.
The whole printing money and selling it to the government with an interest rate attached, as enraging as that is if you think about it – we are paying a group of people to print paper – is actually a facade.
How it all really works, is that your birth certificate and social security number are issued by the United Nations.
The U.S. economy has become a giant ponzi scheme.
The Fed promised the american economy booms and busts would be eliminated; obviously the opposite has happened.
The Fed takes our money and gives us nothing in return. Our income taxes paid to the Fed is not earned for any service it provides, nor is there any reasonable justification for us to give it them.
Finally, just like a Ponzi scheme, the eventual collapse of our economy has become inevitable. There are only so many bailouts that can temporarily bandage the bleeding before it becomes too bloated to fix.
… and when it finally does, the people of this nation will lose, not just their investments, but everything.