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★ Economics (I)

In 1791 Congress passed the bill and gave it a twenty year charter ... The Rothschilds were the power behind the old bank of the United States ... It was a scam plain and simple.  ibid.

 

Napoleon’s rise to power ... Napoleon decided France had to break free of debt.  ibid.    

 

It was not unusual for privately controlled central banks to finance both sides in a war.  ibid.

 

War is the biggest debt generator in history.  ibid.

 

Nathan Rothschild came to dominate not only the bond market but the Bank of England as well.  ibid.

 

The Rothschilds were the richest family in the world bar none ... The rest of the nineteenth century was known as the Age of the Rothschild.  ibid.

 

One expert estimated that the Rothschild family controlled half the wealth of the world.  ibid.

 

This bank was called The Second Bank of the United States ... The primary stock-holders remained a secret.  ibid.

 

The Rothschilds had taken control over the Bank of England and in the new privately owned central bank in America as well.  ibid.

 

Jackson was determined to kill the bank at the first opportunity.  ibid.

 

His [Jackson] veto message is one of the great American documents.  ibid.

 

The bank sharply contracted the money supply by calling in old loans and refusing to extend new ones.  A financial panic ensued followed by a deep depression.  ibid.

 

Jackson paid up the final instalment of the national debt.  ibid.

 

It took the money-changers seventy-seven years to undo the damage.  ibid.

 

The most insidious weapon of the money-changers – fractional reserve banking – remained in use by the numerous state-chartered banks.  ibid.

 

War to create debt and dependency.  ibid.

 

Lincoln understood who was really pulling the strings and what was at stake for the American people.  ibid.

 

From this point on the entire US money supply would be created out of debt.  ibid.

 

Booth was a mercenary working for international bankers.  ibid.

 

Not since Lincoln has the US issued debt-free United States’ notes.  These red-seal bills which were issued in 1963 were not a new issue from President Kennedy but merely the old greenbacks reissued year after year.  ibid.

 

Gold was and always has been scarce.  ibid.

 

With Lincoln out of the way the money-changers’ next objective was to gain complete control over America’s money.  ibid.

 

The money-changers wanted two things: the reinstitution of a central bank under their exclusive control; an American currency backed by gold.  ibid.

 

Two thirds of America’s money had been called in by the bankers. ibid.

 

The minting of silver dollars abruptly stopped.  ibid.

 

In 1891 the money-changers prepared to take the American economy down again.  ibid.

 

J P Morgan and the Crash of 1907 ... During the early 1900s men like J P Morgan led the charge: one final panic would be necessary to focus the nation’s attention on the supposed need for a central bank.  ibid.

 

Morgan decided it was time to try for a central bank again.  ibid.

 

Banking power was further consolidated into the hands of a few large banks.  ibid.

 

The panic of 1907 was really just a scam.  ibid.

 

Some of the wealthiest and most powerful men in America boarded Senator Aldrich’s private railcar and in the strictest secrecy journeyed to this place – Jekyll Island.  ibid.

 

These credits are based on nothing – the Fed just creates them.  ibid.

 

The Fed’s great contraction in the early 1930s would cause the Great Depression.  ibid.

 

The money-changers were poised to install their privately owned central bank once more.  ibid.

 

A privately owned central bank creates the principle out of nothing.  ibid.

 

Some critics claim the 16th amendment [income tax] was never ratified.  ibid.

 

The major newspapers which they also owned hailed passage of the Federal Reserve act of 1913.  ibid.

 

In America J P Morgan was the sales agent for war materials to both the British and the French.  ibid.

 

Why would some of the richest men in the world financially back communism?  ibid. 

 

The new world government proposal was given top priority at the Paris Peace Conference after World War I.  ibid.

 

The rip-off of the ages was about to precede: in 1935 once the gold had all been turned in, the official price of gold was suddenly raised.  ibid.

 

If we don’t understand that the gold has been stolen we’ll allow ourselves to be stampeded into the wrong solution – a gold-backed currency.  ibid.

 

By 1971 all the pure gold had been secretly removed from Fort Knox, drained back to London.  ibid.

 

The money-changers pushed forward a proposal for world government.  ibid.

 

A radical transfer of power is taking place as national becomes subservient to a supra-national world central bank controlled by a handful of the world’s richest bankers.  ibid.

 

The Fed’s record of stabilising the economy shows it to be a miserable failure.  ibid.

 

1) Pay off the debt with debt free US notes ... 2) Abolish fractional reserve banking ... 3) Repeal the Federal Reserve Act.  ibid.

 

The only solution is to abolish the Fed and the fractional banking system.  ibid.

 

 

Some 72% of world gold had been stashed in Fort Knox because they didn’t know what the outcome of World War II was going to be ... World’s largest treasure – mmm maybe we should audit it every so often.  But in fact fiscal audit has not been conducted at the gold reserves in Fort Knox since 1947.  PSTV.tv  Bill Still Interview

 

It took me about ten years to really stumble on to the whole Federal Reserve/Fractional Reserve lending thing.  ibid.

 

Britain’s wonderful form of debt-free money – tally sticks.  ibid.

 

The largest banks in the world are buying US government debt; thereby they held a certain amount of power over the country.  ibid.

 

Any dollar anywhere in the system, in the Western world at least, is created out of a debt, is created as a debt owed to a bank.  That’s not the system we want.  The system we want is a government can create its own money for its citizens without debt.  ibid.

 

A great portion of this debt is in the form of government bonds.  We just pay off the bonds as they become due ... Pay them off with the new money.  ibid.

 

Through fractional reserve lending they only have to keep on hand 10% of the money they lend out.  ibid.

 

It’s always in the politician’s benefit to borrow.  ibid.

 

The Jekyll Island thing played a big role – the whole Federal Reserve scheme ... They just changed their name to the Federal Reserve Act ... and it passed.  Of course they passed it on Christmas Eve 1913 with not many people in the House.  ibid.

 

The system is doomed to failure.  ibid.

 

Ludwig von Mises Institute: advancing the Austrian School of Economics ... Money must be something of value.  ibid.

 

Ron Paul and his insistence on this return to gold-backed money – it’ll never work.  ibid.

 

The nation state is the essential thing that keeps the world free.  ibid.

 

The Second Great Pillar is that the banks should not be allowed to lend money that they don’t have.  ibid.

 

Banks continue to remove money from the money system.  ibid.

 

Historically gold has never worked ... Gold only works for the richest guys ... Plutocracy ... It does not empower democracy.  It does not empower freedom.  ibid.

 

We don’t print money – we borrow money.  ibid.

 

Government is the only thing that stands in the way of serfdom. ibid.

 

 

What’s going on with the American economy?  Foreclosures are everywhere, unemployment is sky-rocketing, and it looks like this may only be the beginning.  Bill Still, The Secret of Oz 2009

 

Could it be that all these problems are foreseen a hundred years ago by L Frank Baum, the author of The Wonderful Wizard of Oz?  ibid.

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