The Money System

The Money System


1928 series note Notice the gold clause
Redeemable In Gold On Demand At The United States Treasury, Or In Gold Or Lawful Money At Any Federal Reserve Bank.
1934 – 1963 series notes
Gold clause removed, the lawful money was the silver backing.
This Note Is Legal Tender For All Debts , Public And Private, And Is Redeemable In Lawful Money At The United States Treasury , Or At Any Federal Reserve Bank.
1963 To Present
Nothing is backing your money , except Greed.
This Note Is Legal Tender For All Debts , Public And Private.
In order to create a New World Order , those who’s idea it was had to be able to have control of the United States monetary system , military resources , people and government, because it is the strongest nation on the earth.The final outcome of the plan is to use this country to bring other countries into submission while at the same time reducing the status of United States to that of all other countries. The first part of their conquest was the monetary system of the United States.The Money

During the Woodrow Wilson presidency we see where the first step toward their sinister goal was accomplished. Although Wilson completed the first step by creating the Federal Reserve , A review of the evidence seems to show that he did it through ignorance by letting others deceive him who were in high levels of government.

During this era , the United States saw an industrial revolution. This created a close tie between “Big Business” (The industrialists) and the “Money Trust” (The bankers or Wall Street) .

Woodrow Wilson’s chief advisor , administrator and a representative of European banking monopolies , Col. Edward Mandell House had close ties with the prominent banker J.P. Morgan , who had created the “Financial panic of 1907” , which ends were to promote a central bank. By getting into the Wilson administration he could accomplish his goals.

House was a proponent of World Government and wrote a book in 1912, called (PHILLIP DRU: ADMINISTRATOR) , in this book he laid out the plan to bring the United States into a World Government.

His plan sought the :

1. Establishment of a central bank;
2. A progressive graduated income tax;
3. The control of both political partiesinAmerica.

House in union with European bankers and Wall street were able to convince Woodrow Wilson to sign the Federal Reserve Act on December23 , 1913.

Now that a central bank was established , the Federal Reserve in the 6 years prior to the 1929 stock market crash , increased the money supply 62% , causing unwise investments and market speculation , therefore financing a stock market crash. When they figured they had done enough of that , they then decreased the money supply , by calling in their ” 24 hour broker call loans” , thus causing the crash. This then put them in the position to LOAN the government billions of dollars to finance the nation out of debt.

Congressman Louis McFadden , chairman of the House Banking and Currency Committee was about the only opposition to the Federal Reserve.

He said this before Congress June 10 , 1932.

“We have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks, which have cheated the government and the people out of enough money to pay the national debt . . . Some people think the Federal Reserve Banks are Government institutions . They are not . They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign swindlers . . . who send money into the states to buy votes, to control our legislation … who maintain international propaganda for the purpose of deceiving us . . . who were deceitfully foisted upon this country by bankers who came here from Europe . . . Every effort has been made by the Federal Reserve Board to conceal its powers , but the truth is … the Fed has usurped the government . It controls everything here and it controls all our foreign relations…”

Who owns the Federal Reserve

The Federal Reserve is a private corporation owned by approximately 300 class A stockholders. They own the Federal Reserve by owning the stock of its rich member banks within the New York Federal Reserve Bank , which for all purposes is the Federal Reserve, because approximately 90 of the Nations 100 largest banks are in this district.

The controlling interest is held by less than a dozen international Bankers, who’s names until recently were a very well kept secret. The most powerful of the European interests is the Rothschild family in London of which the influential American interest , the Rockefellers are closely tied to through the Chase Manhattan Bank.

The Collection Agency

The Internal Revenue Service , known as the IRS , came into being by the 16 th amendment.

This amendment has been deceptively used against the citizens of this country. It also is not a Government agency , recent information gathered by a researcher from the official state documents , evidence that there is no record of California`s vote for ratification and Kentucky`s legislature voted against it.

For an amendment to become law , the language , punctuation , Capitalization can not be changed and must be ratified by every state, of which was the case in at least 6 other states. Documentation can be found in your states capital in the records building. This agency simply put is the collection agency for the Federal Reserve. The Federal taxes we pay are called income taxes .

In (Edwards vs. Keith 231 Fed. Rep. 1) , the court said ; ” One does not derive income by rendering services and charging for them.”

And in (Conner vs. U.S. 303 F Supp. 1187) In 1969 the court also said ” Congress has taxed income , not compensation…”

What this means is , compensation is receiving money for your labor . While income is profit or gain from investments or work . This sounds like I am saying the same thing twice but I’m not.

In 1930 the Oregon Supreme Court ( Redfield vs. Fisher , Or. Sup.Ct. 292 at 813, 817, 819 ) stated ” The Individual , unlike the corporation, cannot be taxed for the mere privilege of existing” . A corporation does work by selling its services or product and makes profit. A corporation is not a person and therefore should be taxed on its income. A person on the other hand , exercising his God given right to exist and receive compensation for work in order to live , is being taxed by this system as a corporation.

Bankruptcy,the Depression

With the Federal Reserve , the Internal Revenue Service , the Stock Market Crash and the depression in place. It was now time to undermine the gold and silver monetary system of the Constitution. As the created stock market crash was the first part of this plot, 4 years later Franklin Roosevelt was elected as the 32nd President of the United States.

Within 24 hours of being elected to the presidency of the United States , In a logical prearranged conspiracy, President Roosevelt called for a special session of congress and obtained the ” War Powers” , constitutive upon the war powers act of 1917. This also amended the 1917 War Powers Act (40 Stat 411), changing the STATUS of ENEMIES of the U.S. from Foreign Nations to Citizens of the U.S.

The Dictatorship Begins

Then on the following day, March 5 th ,1933 , The President , with the War Powers , then declared a National Bank Holiday from the 6th to the 9th. Effectively declaring war on the people by denying them access to their money and later on by taking their money.

On the 9th he declared the country bankrupt ( in executive orders 6073,6102,6111,6260 ) as proclaimed under the Trading with the Enemy Act (65 th congress , October 6th 1917 codified at 12 USCA 95a ) This gave him the power to regulate foreign exchange . 6102 , issued on April 5 , 1933 , to the public states ;

“All persons are required to deliver on or before May 1 , 1933 all gold coins , gold bullion, and gold certificates now owned by them to a Federal Reserve Bank , branch or agency, or to any member bank of the Federal Reserve system.”

On June 5th , 1933 , congress confirmed the bankruptcy through the (Joint Resolution to Suspend the Gold Standard and abrogate the Gold Clause , HJR 192 ) And of course , after they turned in their gold for $20.67 an ounce , it was then fixed at $35.00 an ounce.

The country still had silver coinage until the coinage act of 1965 ( 79 stat 254,USC 391 ). A one year grace perid was given to turn in all silver certificates through another act on June 24 , 1967 (81 stat 77). After this was accomplished the Federal Reserve thenbought the silver from the treasury for $ 1.29 per ounce.

Mad Money

Another thing to contemplate is . How does the Federal Reserve make money ? . Its simple they create it out of nothing.

“When the Federal Reserve sells securities, the reserves of the commercial banks are reduced, and consequently their ability to make loans is decreased. The securities are paid with checks, and checks reduce the reserves of the banks on which they are drawn. When the Federal Reserve buys securities, the opposite effect is achieved: the reserves of the banks are increased, and correspondingly their ability to make loans. “

Take a look at what the Federal Reserve Bank of Boston says about their system , in their publication PUTTING IT SIMPLY . . . p 17.

” Put another way , when the Federal Reserve buys Government securities , it is by the mere stroke of a pen putting new money into the banking system – money which itself can lead to the creation of even more new money. When the Federal Reserve writes a check , it is creating money.”

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