[CTRL] Evils Of The Modern Banking System

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-Caveat Lector- The Evils Of The Modern Banking System 1.       This is a brief history of banking control in the United Stales of America from 1750 to 1813, or "how the International Bankers got economic control of U.S.A.” The following is a precis of an article by Alain Pilote from "News and Facts". "In 1750 there was not yet a United States of America, thirteen colonies on the American continent forming "New England", belonging to the mother country En­gland. Benjamin Franklin wrote of them "Impossible to find a happier and more prosperous population on all the surface of the globe," When he went to England to represent their interests, he was asked how he accounted for their prosperity, while England had so much poverty. "Simple", Franklin replied. "In the colonies we issue our own money called 'Colonial Script'. We issue it in proportion to make products pass easily from producers to consumers. In this manner  creating ourselves our own paper money, we control its purchasing power and we have no interest to pay to anyone " When the English bankers were informed of that, they had a law passed by the British Parliament prohibiting the Colonies issuing their own money and ordering them to use only gold or silver debt-money that was provided in insufficient quantity by the English bankers. The circulating medium of exchange was thus reduced by half. Franklin stated that "the conditions were so reversed that the era of prosperity ended and a depression set in to such an extent that the streets of the colonies were filled with unemployed."    Then the revolutionary war was launched against England, followed by the Decla­ration of Independence in 1776. Our school books erroneously teach that it was the tax on tea that caused the American Revolution. But Franklin clearly stated "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 was caused in the Colonies hatred of England and the Revolutionary War." The founding fathers of the United Slates, hearing all these facts in mind, and to protect themselves against the exploitation of the International Bankers, took good care to expressly declare, in the American Constitution, signed at Philadelphia, in 1787, Article I, Section 8, Paragraph 5" Congress shall have the power to coin money and to regulate the value thereof”. The Bankers did not give up. Their agent, Alexander Hamilton, secretary of Stale (Minister of Finance) in George Washington's cabinet, advocated the establishment  of a Federal Bank to be owned by private interests, and the creation of debt money (with false argument such as "a national debt, if it is not excessive, will be to us a national blessing . . . The wisdom of the government will be shown in never trusting itself with the use of so seducing and dangerous an expedient, as issuing its own money,")   And he convinced them into believing that only the debt-money issued by private banks would he accepted in dealing abroad. 2. (The Evils)     Thomas Jefferson. Secretary of State, was strongly opposed to that project, but President Washington was finally convinced by Hamilton's arguments, A Federal Bank was thus created in 1791, the "Bank of the United States", with a twenty year charter. It was more really the "bank of the bankers" since it was not owned by the nation, but by Individuals holding the bank's stocks, the private bankers. (The name was purposely chosen to deceive U.S. citizens that they were the owners of the bank, which was not the case. In 1811 Congress voted against renewal, thanks to the influence of Thomas Jefferson and Andrew Jackson.     Jackson said "If Congress has a right under the Constitution to issue paper money, it was given them to use by themselves, not lo be delegated to individuals or corporations." Nathan Rothschild from the Bank of England issued his ultimatum "Either the application for renewal of the Charter is granted or the U.S. will find itself in a most disastrous war." Nathan Rothschild issued orders "Teach these impudent Americans a lesson, bring them back to colonial status". The British Government launched the war of 1812 against the U.S. . . . Rothschild's plan was to impoverish the U.S. through this war to such an extent the legislators would have to seek financial aid ... which of course, would be forthcoming only in renewal of the Charter for the Bank of the U.S. . . . Thousands were killed, but what does it matter to Rothschlld?  He has achieved its objective. The U.S. Congress granted the renewal of the Charter in I816, (Extract from W. G. Carr's book "Pawns in the Game", p.52)   In 1862, President Abraham Lincoln, in full conformity with the provisions of the American Constitution, caused $450 million of debt-free greenbacks to be issued, to conduct the Civil War. Re-elected in 1864. he promised to attack the powers of the bankers, as soon as the war had finished. In 1865, Lord Goschen, the spokesman for the financiers, wrote in the "London Times", "If this mischievous financial policy, which has its origins in North America, shall become endurated down to a fixture, then that government will furnish its own money without interest. It will pay off debts and be without a debt. It will have all the money necessary to carry on its commerce. It will become prosperous without precedent in the history of the world. That government must be destroyed or it will destroy every monarchy on the globe". (The monarchy of the moneylenders.) Lincoln was assassinated April 14lh of that year, and a tremendous restriction of credit followed, organised by the banks, (The currency in circulation in the country, which was, in 1866, $1907 million (representing 50.46 dollars for each American citizen) had been reduced to $605 million in 1876, representing $14.60 per capita. The result: in ten years, 56,446 business failures (a loss of $2 billion), and if that was not enough, the bankers reduced the per capita currency in circulation to $6.67 in 1887! In 1896. the Democratic Presidential candidate was W.J. Bryan, with Lincoln's same banking policy. School books inform us it was a good thing he didn't become President "for he was against bankers' ‘sound money' ". (The money created by creating a debt.)    Finally, on 23-12-1913, Congress voted the Federal Reserve Act which was taking away from Congress the power to create money, and handing over this power to the Federal Reserve Corporation. The aviator. Charies A. Lindberg's father (a Congressman) said concerning this Act "When President Wilson signs this Bill the invisible government of the Monetary Power will be legalised" and referred to it as "the legislative curse of the ages", How right he was! U.S.A.'s national debt is now thousands of millions of dollars owed to the banks largely owned by the families of members of the Rothschild and Rockefeller families. As John Adams wrote to Thomas Jefferson in 1787, "All the perplexities, confusion and distress in America arise not from defects in the Constitution, not from want of honor or virtue, so much as downright ignorance of the nature of coin, credit and circulation. Henry Ford. more recently stated "If the people of the nation understood our banking and monetary system, I believe there would be a revolution before tomorrow morning'" We are all in 'hoc' to a vicious Satanic system which only the soon return of Jesus Christ Himself will solve! E.B.C. /_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/ NO BLOOD FOR OIL! - DROP BUSH, NOT BOMBS! - PEOPLE BEFORE PROFITS! 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