Wednesday, January 28, 2009

slavery and salvation - Part 1 of 4

The German playwright and poet, J.Wolfgang Goethe , once stated

None are more hopelessly enslaved than those who falsely believe that they are free.

But few who hear the words realize that they are the ones to whom Goethe was referring. For the reality is, that every person in the civilized world is enslaved from childhood. They are enslaved in a prison without walls or bars and so few ever even realize it, but all are enslaved nonetheless. And what the people of the world are enslaved to is a system of perpetual self generating debt that is created for them wholly by design by private international banking interests. And the people are taught from an early age to just accept this debt, because this is ‘just the way things are’.
But the reality is that it is not just the way things are, but more the way things have been designed. And all one has to do is glance around them at the state of the world today to realize, that though this is the way things current are, it is most definitely not the way things should be. The most powerful and useful tool a person can ever gain in their life is knowledge. For with knowledge comes wisdom and a deeper understanding. And real truth can be exhilarating because real truth will set you free.

From doctored terrorism to engineered economic collapse, everything is benefiting our masters at the cost of poverty, civil unrest, death, mayhem and destruction around the world. This is not a natural outcome of human existence, rather a planned execution to transfer wealth in fewer and fewer hands. It is not the way it supposed to be. What we are being told about the issues, its root causes and culprits is nothing but misinformation. Apathy and/or willful ignorance on our part will only make things worse and it has in last several decades. The solution is in our hands and it starts with educating ourselves and others.

At the core of most of our problems are powerful financial institutions that have literally enslaved us. They own our wealth through their influence in politics, academia and judiciary.

Throughout the history, the usurer always became owner of most of the country. The modern banking has replaced the real money with paper. The paper money eventually finds its intrinsic value, which is zero. Under the paper system, the final collapse can be postponed by printing more fake money creating inflation then hyperinflation and then an eventual collapse [see fig 1 and 2].eirin orig


1 The banks and their origin

Modern banking owes its origin to medieval money changers or money lenders. As I mentioned earlier, the money changers were used as a vault to hold people’s gold and silver. The depositors of the money (gold & silver) were issued receipts for the amount stored. Since it was easy to carry receipts than the actual metal, people started to exchange these receipts for goods and services. The fact that people were trading the receipts and not the actual gold and silver coins, allowed money changers to print receipts without having any precious metal (or real money) behind it. For every fake receipt issued ‘diluted’ the money already in circulation. This money creation is no different than stealing. The only difference is that regular theft affects few people, the money creation robs entire nation. This is very important to understand because this is how modern banking system steals our money. This theft is now called inflation. This unethical power to create money and then charge usury on it caused a progressive concentration of wealth in fewer corrupted hands.

History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance. ~James Madison

Money changers soon realized that loaning money to governments and monarchies is more profitable because of the size of the loan. In addition, it is more secure as it is backed by the peoples’ taxes. Ultimate goal of these money changers was to create a central bank with government mandate to create nations money and then loan it on interest. They knew that once nation’s money creations is monopolized, everything else will eventually come under their control.

Permit me to issue and control the money of a nation and I care not who makes its laws.~Mayer Anselm Rothchild.

1.1 Bank of England

Money changers have been the greatest beneficiaries of wars. Hazzard Circular once said;

….The great debt that capitalist will see to it is made out of war, must be used as measure to control the volume of money….

England was financially drained due to Fifty years of war with France. By 1693, King William III was broke with very few options getting financing. He could go to public for loan but his predecessor King William II had flatly refused to pay almost million pounds he borrowed from the public. He could have issued paper (fiat) currency but King William II had also tried that unsuccessfully. Another option was to raise taxes but this would have caused civil war as the ones he had already fought due to excessive taxation.

So the bankers, being the unscrupulous but highly intelligent lot they were, came up with an ingenious plan. If the King would grant them an exclusive license (a monopoly) to issue England’s paper currency, the bankers (in return) would loan the King all the money he needed. The money for his loans would be created out of nothing (backed by only a fraction of coin) but nobody would know that.

1694 - The Bank of England, a private corporation, projected originally by a Scotchman, Mr. William Patterson, a merchant, was established by charter of King William III. in 1694 AD

“In this first official act of the world’s first central bank can be seen the grand pretense that has characterized all those which have followed. The Bank (of England) pretended to make a loan but what it really did was to manufacture the money for government’s use. If the government had done this directly, the fiat nature of the currency would have been immediately recognized, and it probably would not have been accepted at full face value…”

Following is what American economist, Murray Rothbard said about Bank of England:

“It is significant that the Bank of England was launched to help the English government finance a large deficit. Governments everywhere and at all times are short of money…The reason is simple: unlike private persons or firms, who obtain money by selling needed goods and services to others…Governments can only obtain money by grabbing it from others, and therefore they are always on the

lookout to find new and ingenious ways of doing the grabbing. Taxation is the standard method; but, at least until the twentieth century, the people were very edgy about taxes, and any increase in a tax or imposition of a new tax was likely to land the government in revolutionary hot water.” ~Murray Rothbard – The Case Against the Fed.

William Cobbett, a prolific British journalist (1763-1835), wrote the following about the concept of central banking

"There is something so consummately ridiculous in the idea of a nation's getting money by paying interest to itself upon its own stock, that the mind of every rational man naturally rejects it. It is, really, something little short of madness to suppose, that a nation can increase its wealth; increase its means of paying others; that it can do this by paying interest to itself. When time is taken to reflect, no rational man will attempt to maintain a proposition so shockingly absurd" (William Cobbett, M.P., Paper Against Gold, p.83).

As soon as Bank of England was chartered, the rulers rushed to collude with bankers in looting the nations of her wealth, Rothbard writes

“… As soon as the Bank of England was chartered n 1694, King William himself and various members of Parliament rushed to become shareholders of the new money factory they had just created.”

As if the millions in newly created “Bank of England” notes weren’t bad enough for the economy, banks outside of London were permitted to use gold OR Bank of England notes as reserves for the money they issued. So, assuming the permissible “fraction” of reserves was 50%, that meant these country banks could create two new units of their currency for every single Bank of England note they held in their vaults. All of this new money flooded the economy and within just two years, prices had more than doubled. Predictably, people began to lose faith in the currency. That was followed by a run on the Bank and, “surprise, surprise,” the Bank of England did not have enough gold coin to satisfy the demand.

After the fraudulent nature of this system was exposed, it should have been an end of this system. But unfortunately it wasn’t. King William and the Bank needed each other and therefore legislated a bigger fraud

…In May of 1696, just two years after the Bank was formed, a law was passed authorizing it to “suspend payment in specie” (gold.) By force of law, the Bank was now exempted from having to honor its contract to return the gold.”

William Findley of Pennsylvania, summarized the role of central banks as

"This institution, having no principle but that of avarice, will never be varied in its objective...to engross all the wealth, power and influence of the state."

Britain suffered through a long period of moderate inflation from 1935 to 1970. Below is a chart showing the falling value of the current British currency since inception (Data from MeasuringWorth.com).


Figure 1- British pound decline

1.2 Federal Reserve Bank of the USA

In the USA, it took international bankers several attempts to succeed. In 1791, a bill sponsored by Treasury Secretary Alexander Hamilton was passed by Congress. This bill established the largest American corporation of its time, known as the First Bank of the United States. This corporation, controlled almost exclusively by big money interests, was tenured by a charter of 20 years which expired in 1811. Under popular pressure of American citizens who feared the power and influence of such a large and powerful institution, Congress rejected the renewal of this charter.

In 1816, Congress (under the influence of big money supporters) once again chartered a central bank, the Second Bank of the United States. In 1828 however, an ardent and avowed opponent of the central banking concept, Andrew Jackson, was elected President and led a popular campaign against this form of institutionalized economic power which resonated with the American public. The charter expired in 1836 and was not renewed.

On Sunday, December 23, 1913, two days before Christmas, while most of Congress was on vacation, President Woodrow Wilson signed the Federal Reserve Act into law. Wilson would later express profound regret over his tragic decision, stating:

"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."

The Federal Reserve System is composed of 12 private banks which create money out of nothing and then lend it to the U.S. government at interest. It is the most colossal system of fraud that has ever been invented.

Less than one year later Congress declared the 16th Amendment as having been ratified, although it wasn't, creating the Internal Revenue Service which became the de-facto collection agency for the Federal Reserve System. Its only duty was to tax the income of citizens to make the interest payments for the U.S. Government loans that would soon follow.

One year after the passage of the Federal Reserve Bill, Representative Charles A Lindbergh Sr., outlined how The Federal Reserve created the, "business cycle," and how they manipulated that to their own advantage. He stated,

"To cause high prices, all the Federal Reserve Board will do will be to lower the rediscount rate..., producing an expansion of credit and a rising stock market, then when ...business men are adjusted to these conditions, it can check... prosperity in mid-career by arbitrarily raising the rate of interest.

It can cause the pendulum of a rising and falling market to swing gently back and forth by slight changes in the discount rate, or cause violent fluctuations by a greater rate variation, and in either case it will possess inside information as to financial conditions and advance knowledge of the coming change, either up or down. This is the strongest, most dangerous advantage ever placed in the hands of a special privilege class by any Government that ever existed.

The system is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money. They know in advance when to create panics to their advantage. They also know when to stop panic. Inflation and deflation work equally well for them when they control finance."

Thomas Jefferson alluded to the same:

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. ... The modern theory of the perpetuation of debt has drenched the earth with blood, and crushed its inhabitants under burdens ever accumulating. ~Thomas Jefferson

Below is a chart showing the falling value of the current American currency since inception (Data from MeasuringWorth.com).

Figure 2- US Dollar decline

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