A short stroll down the road to a financial crisis…

 

Important information not taught in American Schools.  An understanding of this is required if you are to claim you are well-informed and if you have a desire to re-claim your Republic and the individual rights guaranteed thereby.

 

Below are some short notes on the history of Banking.  If you take the time to complete this short read, you will be better prepared to understand the financial events that are unfolding today and in the near future. This will give you a very useful framework,  but you will need to review the videos at the end to fill in most of the important pieces to this story.

 

1100 – Tally Stick Money

Wealth Based Money thrived from 1100 – 1826

System allowed for a Counterfeit Free, Interest Free medium of exchange

 

1694 – Bank of England

First Privately Owned Fractional Reserve Central Bank

Loaned money created from nothing at interest

 

1694 – William Paterson

Founder of the Bank of England (1694 – 1695)

“The bank hath benefit of interest on all moneys which it creates out of nothing”

 

1750 – Colonial Script

Interest Free Wealth Based Money Issued by the Colonies (1750 – 1764)

 

1764 – The Currency Act

England outlawed all forms of paper money issued by the colonies

 

1781 – Bank of North America

First US Privately Owned Fractional Reserve Bank (1781 – 1786)

Collapsed in 1786 due to massive British Counterfeiting and a 41X increase in the money supply

 

1787 James Madison

President of the United States (1809 – 1817)

“History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over government by controlling money and it’s issuance…”

 

1790 Mayer Amschel Rothschild

Founding Father of International Finance

“Let me issue and control a nation’s money and I care not who makes it’s laws.”

 

1791 First Bank of the United States

20 year Charter, 80% Privately Owned Central Bank

Debt Based Money System Killed by Congress in 1811

 

1793 Benjamin Franklin

US Statesman, Political Theorist and Inventor

“The Colonies would gladly have borne the little tax on tea and other matters, had it not been the poverty caused by the bad influence of the English bankers on the Parliament: which has caused in the Colonies hatred of England, and the Revolutionary War.”

 

1802 Gouverneur Morris

Statesman, US Senator (1803 – 1811)

“The rich will strive to establish their dominion and enslave the rest.  They always did…they always will.  They will have the same effect here as elsewhere, if we do not, by the power of government, keep them in their proper spheres.”

 

1809 Thomas Jefferson

President of the United States (1803 – 1811)

“And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.”

 

1815 Napoleon Bonaparte

Emperor of France (1804 – 1815)

“When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes…Money has no motherland: financiers are without patriotism and without decency: their sole object is gain.”

 

1816 Second Bank of the United States

20 year Charter, 80% Privately Owned Central Bank

Debt Based Money System with 50% fractional Reserves.

Charter not renewed in 1836 –

 

1820 John Adams

President of the United States 1797 – 1801

“All of the perplexities, confusion and distress in America arises, not from the defects of the Constitution or Confederation, not from want of honor or virtue, so much as from downright ignorance of the nature of coin, credit, and circulation.”

 

1834 Andrew Jackson

President of the United States (1829-1837)

“You are a den of vipers and thieves and I intend to rout you out, and by the eternal God, I will rout you out.  If Congress has the right to issue paper money, it was given them to be used by

themselves, and not to be delegated to individuals or corporations.”

 

“Mischief springs from the power which the monied interest derives from a paper currency which they are able to control, and from the multitude of corporations with exclusive privileges…which are employed for their benefit.”

 

1837 Free Banking Era

State Chartered Banks Based on Fractional Reserve System (1837 – 1862)

States Regulated Reserve Requirements, Bank Notes Backed partially by Gold and Silver-

 

1863 National Bank Act

Uniform Bank Notes Backed by US Treasuries (1863 – 1913)

Fractional Reserves Led to Bank Runs-

 

1862 Lincoln Issues Green Back Debt Free/Interest Free Money (1862 – 1865)

$450 Million Dollars of US Notes Issued Directly from the Treasury-

 

1864 Abraham Lincoln

President of the United States (1861 – 1865)

“The Government should create, issue, and circulate all the currency and credit needed to satisfy the spending power of the Government and the buying power of consumers. By adoption of these principles, the taxpayers will be saved immense sums in interest.  Money will cease to be master and become the servant of humanity. “

 

“The money power preys upon the nations in times of peace and conspires against it in times of adversity.  It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy.”

 

The London Times 1865: “If that mischievous financial policy which had its origin in the North American Republic during the late war in that country, should become indurated down to a fixture, then that Government will furnish its own money without cost.  It will pay off its debts and be without debt.  It will become prosperous beyond precedent in the history of the civilized governments of the world.  The brains and wealth of all countries will go to North America.  That government must be destroyed or it will destroy every monarchy on the globe.”

 

1876 Otto von Bismark

Chancellor of Germany (1871 – 1890)

“The division of the United States into federations of equal force was decided long before the Civil War by the high financial powers of Europe.  These banker were afraid that the US, if they remained as one block, and as one nation, would attain economic and financial independence, which would upset their financial domination over the world.”

 

“The death of Lincoln was a disaster for Christendom.  There was no man in the United States great enough to wear his boots and the bankers went anew to grab the riches.  I fear that foreign bankers with their craftiness and tortuous tricks will entirely control the exuberant riches of America and use it to systematically corrupt civilization.”

 

1881 James A. Garfield

President of the United States 1881

“Whoever controls the volume of money in any country is absolute master of all industry and commerce…And when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.”

 

American Banker Association 1891: “On September 1st, 1894, we will not renew our loans under any consideration.  On September 1st we will demand our money.  We will foreclose and become mortgagees in possession.  We can take two-thirds of the farms west of the Mississippi and thousands of them east of the Mississippi as well, at our own price…Then the farmers will become tenants as in England.”

 

1931 Federal Reserve Act

Privately Owned Central Bank Given Exclusive Power to Issue Money

Fractional Reserve Debt Based, Interest Bearing Currency-

 

1913 Charles A. Lindbergh

United States Congressman (1907 – 1917)

“The Federal Reserve act establishes the most gigantic trust on earth.  When President Wilson signs this bill, the invisible government of the monetary power will be legalized…the worst legislative crime of the ages is perpetrated by this banking and currency bill.”

 

1916 Woodrow Wilson

President of the United States (1913 – 1921)

“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.”

 

1921 Thomas Edison

Inventor 1847 – 1931

“If our nation can issue a dollar bond, it can issue a dollar bill. The element that makes the bond good, makes the bill good also. The difference between the bond and the bill is that the bond lets the money brokers collect twice the amount of the bond and an additional 20 percent, whereas the currency pays nobody but those who contribute directly in some useful way.  It is absurd to say that our country can issue $30 million in bonds and not $30 million in currency. Both are promises to pay, but one fattens the usurers and the other helps the people.”

 

1926 Sir Josiah Stamp

President of the Bank of England in the 1920’s

“Banking was conceived in iniquity and was born in sin. The bankers own the earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of bankers and pay the cost of your own slavery, let them continue to create money.”

 

1922 Henry Ford

Founder of the Ford motor Company (1863 – 1947)

“It is well enough that people of the nation do not understand our banking and money system, for it they did, I believe there would be a revolution before tomorrow morning.”

 

1930 Bank of International Settlements

“The Central Bank of Central Banks”

Privately Owned Bank based in Basel, Switzerland.  The BIS was established by the Hague agreements of 1930 and represents 57 Central Banks-

 

1932 Louis T. McFadden

United States Congressman (1915 – 1935)

“Most people think the Federal Reserve Banks are the United States government’s institutions.  They are not government institutions.  They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign swindlers.”

 

“We have, in this country, one of the most corrupt institutions the world has ever known.  I refer to the Federal Reserve Board.  This evil institution has impoverished the people of the United States and has practically bankrupted our government.  It has done this through the corrupt practices of the moneyed vultures who control it.”

 

1944 International Monetary Fund

186 Member Nations to Secure Financial Stability

An International organization that oversees the global financial system.  Established to stabilize exchange rates and assist the reconstruction of the world’s international payment system-

 

1944 Bretton Woods

44 Nation Agreement to regulate the International Monetary System

Each country was to adopt a monetary policy that maintained the exchange rate of its currency within a fixed value –plus or minus one percent– in relation to gold-

 

1963 US Treasury Notes

Issues $4.3 Billion in Interest Free, Debt Free Treasury Notes

First Time since Lincoln in 1862 that a president Issues Debt Free “Greenback” Treasury Notes.

 

1963 President Kennedy

United States President (1961 – 1963)

On June 4th, 1963, President Kennedy signed a presidential document, called Executive Order 11110.  It gave the Treasury Department the explicit authority: “to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury.”  Five months after Kennedy’s assassination all Series 1958 “Silver Certificates” were removed from circulation.

 

1971 Richard Nixon

United States President (1969 – 1974)

On August 15, 1971 the United States unilaterally terminated convertibility of the dollar to gold as established under the Bretton Woods agreement.  This action created a system where currencies could float in the international market and compete for value as commodities.

 

SOURCE: The Debt Clock

http://www.usdebtclock.org/money-history/money-timeline1100-1791.html

 

Additional recommended information:

 

The Birth of the U.S. Federal Reserve Bank – How usury destroyed America:

Where does money come from? Where does it go? Who makes it? The money magician’s secrets are unveiled. Here is a close look at their mirrors and smoke machines, the pulleys, cogs, and wheels that create the grand illusion called money. A boring subject? Just wait. You’ll be hooked in five minutes. It sounds like a detective story, which it really is, but it’s all true. Based on Mr. Griffin’s book of the same title, this address will shatter your old ideas about money and change the way you view the world. 1998 lecture.

http://www.youtube.com/watch?feature=player_embedded&v=Q93R5EQVOLI

 

The Money Masters – Full-Length (3hrs 19m)

THE MONEY MASTERS is a NON-FICTION, historical documentary that traces the origins of the political power structure. The modern political power structure has its roots in the hidden manipulation and accumulation of gold and other forms of money. The development of fractional reserve banking practices in the 17th century brought to a cunning sophistication the secret techniques initially used by goldsmiths fraudulently to accumulate wealth.

 

With the formation of the privately-owned Bank of England in 1694, the yoke of economic slavery to a privately-owned “central” bank was first forced upon the backs of an entire nation, not removed but only made heavier with the passing of the three centuries to our day. Nation after nation has fallen prey to this cabal of international central bankers.

http://www.youtube.com/watch?feature=player_embedded&v=H56FUHgqRNE#!

 

 

If you like this film, please share it with a friend and support the makers by purchasing a full quality DVD here

http://www.themoneymasters.com/430-2/

 

NEW – Secret of Oz DVD (Updated version of The Money Masters)

http://www.themoneymasters.com/430-2/