“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We 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 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
In part 1 we touched briefly on the Federal Reserve Act of 1913 and the Bretton Woods Agreement of 1944, so I thought it fitting to start with a quote by President Wilson, given after he realized what he had done by signing the Federal Reserve Act into law.
His words sum up exactly what he unleashed on the United State...a small group of powerful bankers who will control the money supply. I suppose now would be a good time to give you another quote to help understand the magnitude of giving that control away:
“Let me issue and control a nation’s money and I care not who writes the laws.” Mayer Amschel Rothschild (1744-1812), founder of the House of Rothschild.
I am certain that everyone knows the Rothschild name and the power of that particular family. Mayer was absolutely right...and that is why the Federal Reserve Act was the beginning of the end of the United States.
In part 3 tomorrow, we will delve into the years after the Bretton Woods Agreement and answer the question "Is the the United States a republic?"...the answer may shock you!
I will leave you with a few more quotes from famous people, painting a picture of why we are staring down the barrel of this loaded economic weapon.
“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks…will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered…. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.” – Thomas Jefferson in the debate over the Re-charter of the Bank Bill (1809)
“I believe that banking institutions are more dangerous to our liberties than standing armies.” –Thomas Jefferson
“… The modern theory of the perpetuation of debt has drenched the earth with blood, and crushed its inhabitants under burdens ever accumulating.” -Thomas Jefferson
“The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity.” -Abraham Lincoln
“Issue of currency should be lodged with the government and be protected from domination by Wall Street. We are opposed to…provisions [which] would place our currency and credit system in private hands.” – Theodore Roosevelt
The real truth of the matter is,as you and I know, that a financial
element in the large centers has owned the government ever since
the days of Andrew Jackson… -Franklin D. Roosevelt