So the banking dynasties from Europe represented by the Warburgs and Rothschilds met in secret with the American dynasties of the Morgans and Rockefellers at Jekyll Island which was owned by JP Morgan. There they laid the framework for the establishment of the creation of a Central bank that they would control. Their strategy was to create a banking cartel which by definition is a group of independently owned businesses which come together for the purpose of eliminating or reducing competition between themselves in order to enhance their profit margin. But they had to be crafty. They knew the American people wouldn’t stand for a central bank and they had to work behind the scenes to accomplish their mission. There chance came in 1912 when the cartel discovered that presidential candidate Woodrow Wilson was in desperate need of funds and they convinced Wilson to sign into law the Federal Reserve Act in exchange for funding his presidential campaign. Wilson grudgingly agreed and with the bankster’s money he won the 1912 presidential election. So on Christmas Eve 1913 with most opposing senators absent on Christmas break Congress sneaked through the Federal Reserve Act which Woodrow Wilson promptly signed into law. As unbelievable as this first Act in my horror story is it gets better because Congress and the President knowingly and willfully violated the constitution of the United States. Article 1 section 8 states ―that only congress shall have the power to coin (create) money and regulate the value thereof.‖ The Supreme Court has even ruled that Congress cannot delegate its power to another group so the bottom line is we have a private corporation unconstitutionally and illegally printing money and regulating its value. And that is the Federal Reserve Corporation. By the way Wilson in reference to Federal Reserve Board in his book The New Freedom said, ―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.
Posted on: Fri, 04 Jul 2014 07:16:24 +0000
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