Money.as.Debt.rtf
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Transcript of Money.as.Debt.rtf
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Money as Debthttp://video.google.com/videoplay?docid=-2550156453790090544 #Money as Debt 2http://www.veoh.com/browse/videos/category/activism_non_profit/watch/v18776757MtqFwaGf
Whoever controls the volume of money in our country is absolutemaster of allindustry and commerce...when you realize that the entire system isvery easilycontrolled, one way or another, by a few powerful men at the top, youwill nothave to be told how periods of inflation and depression originate.
~James Garfield, 20th President
Assassinated, 1881
http://video.google.com/videoplay?docid=-9050474362583451279
The Government should create, issue, and circulate all the currencyand credit needed to satisfy the spending power of the Governmentand the buying power of consumers.
The privilege of creating and issuing money is not only the supremeprerogative of Government, but it is the Governments greatestcreative opportunity.
By adoption of these principles, the long-felt want for a uniformmedium will be satisfied.
The taxpayers will be saved immense sums in interest, discounts, andexchanges.
The financing of all public enterprise, the maintenance of stablegovernment and ordered process, and the conduct of the Treasury willbecome matters of practical administration. The people can and will befurnished with a currency as safe as their own Government.
Money will cease to be master and become the servant of humanity.
Democracy will rise superior to the money power.
Abraham Lincoln
assassinated, 1865
http://video.google.com/videoplay?docid=-2550156453790090544#http://www.veoh.com/browse/videos/category/activism_non_profit/watch/v18776757MtqFwaGfhttp://www.veoh.com/browse/videos/category/activism_non_profit/watch/v18776757MtqFwaGfhttp://video.google.com/videoplay?docid=-9050474362583451279http://www.veoh.com/browse/videos/category/activism_non_profit/watch/v18776757MtqFwaGfhttp://www.veoh.com/browse/videos/category/activism_non_profit/watch/v18776757MtqFwaGfhttp://video.google.com/videoplay?docid=-9050474362583451279http://video.google.com/videoplay?docid=-2550156453790090544# -
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Collected quotes of great men on our financialsystem
History records that the money changers have used every form ofabuse, intrigue, deceit, and violent means possible to maintain their
control over governments by controlling money and its issuance.-James Madison
If congress has the right under the Constitution to issue paper money,it was given them to use themselves, not to be delegated to individualsor corporations.
-Andrew Jackson
Issue of currency should be lodged with the government and beprotected from domination by Wall Street. We are opposedto...provisions [which] would place our currency and credit system inprivate hands.
- Theodore Roosevelt
Despite these warnings, Woodrow Wilson signed the 1913 FederalReserve Act. A few years later he wrote: "I am a most unhappy man. Ihave unwittingly ruined my country. A great industrial nation iscontrolled by its system of credit. Our system of credit is concentrated.
The growth of the nation, therefore, and all our activities are in thehands of a few men. We have come to be one of the worst ruled, oneof the most completely controlled and dominated Governments in thecivilized world no longer a Government by free opinion, no longer aGovernment by conviction and the vote of the majority, but aGovernment by the opinion and duress of a small group of dominantmen."
-Woodrow Wilson
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 thedays of Andrew Jackson...
-Franklin D. Roosevelt (in a letter to Colonel House, dated November21, 1933)
Lord Acton: "The issue which has swept down the Centuries, and must
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be fought - sooner or later -is the people versus the banks...Powertends to corrupt, and absolute power corrupt absolutely..."
Former Navy Secretary John Lehman: "Power corrupts. Absolute power
is kind of neat." [Why would the superclass want to give it up?]
Let me issue and control a nation's money and I care not who makesits Laws.
ANSELM MEYER ROTHSCHILD (owners of major banks including theBank of England)
"Bankers own the earth. Take it away from them, but leave them thepower to create money and control credit, and with a flick of a pen
they will create enough to buy it back."- Sir Josiah Stamp, former Director, Bank of England
Can anything be more absurd than that a nation should apply to anindividual (Rothschild) to maintain its credit, and with its credit itsexistence as an empire, and its comfort as a people...
BENJAMIN DISRAELI, Prime Minister, Great Britain
All wars are economic in their origin. BERNARD BARUCH, before NyeCommittee, 9-13-1937
And there was a cry of the people...against their brethren theJews...we have mortgaged our lands, vineyards, and houses that wemight buy corn because of the dearth...and lo, we bring into bondageour sons and our daughters to be servants...some of our daughters arebrought into bondage already; neither is it in our power to redeemthem for other men have our lands and our vineyards... BIBLE: NE:5:1,7
Misunderstandings about money have been and continue to beintentional. They derive neither from the nature of money nor from anystupidity of the public...the International Usurocracy aims at preserving
intact the public's ignorance of the Usurocratic System and itsworkings... EZRA POUND economist
It is well enough that people of the nation do not understand ourbanking and monetary system, for if they did, I believe there would bea revolution before tomorrow morning. - HENRY FORD
Henry Ford thinks it's stupid and so do I, that for the loan of (its) ownmoney... the United States should be compelled to pay...interest.
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People who will not turn a shovel of dirt nor contribute a pound ofmaterial will collect more money from the United States than all thepeople who supply all the material and do all the work...why must wepay interest to money-brokers for the use of our own money! THOMASA. EDISON, re Congress borrowing from FED
The banks - commercial banks and [privately owned] Federal Reserve- create all the money of this nation, and the nation and its people payinterest on every dollar of that newly created money. Which meansthat private banks exercise unconstitutionally, immorally, andridiculously the power to tax the people. For every newly created dollardilutes to some extent the value of every other dollar already incirculation. JERRY VOORHIS, U.S. Congress, CA-D., 1946
No one has the right to be a moneylender save him who has it tolend. THOMAS JEFFERSON
PATMAN: Mr. Eccles, how do you get the money to buy those two
billions of government securities? ECCLES: We created it. PATMAN: Outof what? ECCLES: Out of our right to issue credit money. HOUSEBANKING AND CURRENCY COMMITTEE hearing, 1941
When a bank makes a loan it simply adds to the borrower's depositaccount in the bank...The money is not taken from anyone else'sdeposit; it was not previously paid into the bank by anyone. It's newmoney, created by the bank for the use of the borrower. SEC'YTREASURY ANDERSON, "U.S. News & WR", 8-31-59
In purchasing offerings of Government bonds the banking system as awhole creates new money, or bank deposits. When the banks buy a
billion dollars of Government bonds as they are offered...the bankscredit the deposit account of the Treasury with a billion dollars. Theydebit their Government bond account a billion dollars, or they actuallycreate, by a bookkeeping entry, a billion dollars. MARRINER ECCLES,Chairman Board of Governors, FED, 1935
The government should create, issue and circulate all currency andcredit needed to satisfy the spending power of Government and thebuying power of consumers. The privilege of creating and issuingmoney is the supreme prerogative of Government. ABRAHAMLINCOLN (one of the seven US Presidents assassinated after taking
issue with the issuance of money by the bankers vs the people)Some people think Federal Reserve Banks are United Statesgovernment institutions. They are not Government institutions. Theyare private credit monopolies which prey upon the people of the UnitedStates for the benefits of themselves and their foreign customers;foreign and domestic speculators and swindlers; and rich andpredatory money lenders. In that dark crew of financial pirates thereare those who would cut a man's throat to get a dollar out of his
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pocket; there are those who send money into states to buy votes tocontrol our legislation; and there are those that maintain aninternational propaganda for deceiving us...that will permit them tocover up their past misdeeds and set again in motion their gigantictrain of crime... (10 June 1932) Congressman Louis T. McFadden
Our money system is nothing better than a confidence trick... The"money power" which has been able to overshadow ostensiblyresponsible government is not the power of the merely ultra-rich but isnothing more or less than a new technique to destroy money byadding and withdrawing figures in bank ledgers, without the slightestconcern for the interests of the community or the real role moneyought to perform therein...to allow it to become a source of revenue toprivate issuer's is to create, first, a secret and illicit arm of governmentand, last, a rival power strong enough to ultimately overthrow all otherforms of government. Dr. FRED SODDY, Nobelist, Wealth, VirtualWealth & Debt
A great industrial nation is controlled by its system of credit. Oursystem of credit is concentrated. The growth of the nation, therefore,and all of our activities are in the hands of a few men. We havebecome one of the worst ruled, one of the most completely controlledand dominated governments in the civilized world...no longer agovernment of free opinion...but a government by the opinion andduress of small groups of domineering men. PRESIDENT WOODROWWILSON, 1916, when he realized his gigantic mistake in supporting theBanksters with the Federal Reserve Act in 1913.
This [Federal Reserve] Act establishes the most gigantic trust on
earth. When the President signs this bill the invisible government bythe Monetary Power will be legalized...the worst legislative crime of theages is perpetrated by this banking and currency bill. The caucus andparty bosses have again operated and prevented the people fromgetting the benefit of their own government. CHARLES LINDBERGH,Sr., U.S. Congress
President Andrew Jackson, wrote: "The bold effort the present bankhad made to control the government, the distress it had wantonlyproduced...are but premonitions of the fate that awaits the Americanpeople should they be deluded into a perpetuation of this institution or
the establishment of another like it."Thomas Jefferson wrote: "The Central Bank is an institution of the mostdeadly hostility existing against the principles and form of ourConstitution
Felix Frankfurter, Justice of the Supreme Court (1939-1962), said: "Thereal rulers in Washington are invisible and exercise power from behindthe scenes."
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Congressman Louis McFadden, House Committee on Banking andCurrency Chairman (1920-31), stated: "When the Federal Reserve Actwas passed, the people of these United States did not perceive that aworld banking system was being set up here. A super-state controlledby international bankers and industrialists...acting together to enslave
the world...Every effort has been made by the Fed to conceal itspowers but the truth is--the Fed has usurped the government."
When a bank makes a loan it simply adds to the borrower's depositaccount in the bank...The money is not taken from anyone else'sdeposit; it was not previously paid into the bank by anyone. It's newmoney, created by the bank for the use of the borrower." SEC'YTREASURY ANDERSON, "U.S. News & WR", 8-31-59
"A power has risen up in the government greater than the peoplethemselves, consisting of many and various powerful interest,combined in one mass; and held together by the cohesive power of the
vast surplus in banks." - John C. Calhoun"Money power denounces, as public enemies, all who question itsmethods or throw light upon its crimes." - Wm. Jennings Bryan
WILLIAM LYON MACKENZIE KING: Until the control of the issue ofcurrency and credit is restored to government and recognized as itsmost conspicuous and sacred responsibility, all talk of the sovereigntyof Parliament and of democracy is idle and futileOnce a nation partswith control of its currency and credit, it matters not who makes thatnations lawsUsury once in control will wreck any nation.
(Prime Minister of Canada)
http://en.wikipedia.org/wiki/William_Lyon_Mackenzie_Kinghttp://en.wikipedia.org/wiki/William_Lyon_Mackenzie_King