On December 23, 1913, President Woodrow Wilson signed the Federal Reserve Act into law, essentially handing the nation's finances over to a private conglomerate of big bankers. The next 100 years has seen more war and more debt than ever before in the history of the planet. They print money whenever they want, it is no longer backed by gold, and our dollar is worth progressively less and less because of it. It is indeed a fiat currency, a giant pyramid scheme designed to funnel our illegal income taxes directly into the banker pockets. 100 years later, we are nearly $20 trillion in debt and climbing, with no end in sight.
Today, Monday 23 December marks the 100th Anniversary of the creation of the Federal Reserve System - the Central Bank of the United States of America.
Today, Monday 23 December marks the 100th Anniversary of the creation of the Federal Reserve System - the Central Bank of the United States of America.
The mainstream media are keeping remarkably quiet about this key milestone.
No doubt, they know only too well that growing millions of workers inside and outside the US are realizing that a century of central banking monopoly in the hands of a private clique of usurer banksters is enough. More than enough!
‘Twas the night before Christmas…
…when all through the house, not a creature was stirring, not even a mouse”. These words written by 19th Century American poet, Clement Clarke Moore, aptly describe the scene a hundred years ago when the Federal Reserve Act was discretely rubberstamped in the US Congress: true, hardly a mouse was stirring either in the House or in the Senate… But the big rats were definitely there to vote in their act!
1913: Woodrow Wilson was President of the United States; World War One was but eight months away; and three years earlier a very hush-hush meeting had taken place at mega-banker, John Pierpont Morgan’s, private estate on Jekyll Island off the coast of Georgia.
Bloomberg News described this in a February-15, 2012 article as “a secret meeting that launched the Federal Reserve Bank. In November 1910, a group of government and business leaders fashioned a powerful new financial system that has survived a century, two world wars, a Great Depression and many recessions.”
That’s the Bloomberg Version. The ugly truth is probably exactly the opposite: in November 1910 a group of government, banking and business leaders fashioned a powerful new financial system that triggered, promoted and imposed a century of conflict and genocide, including two world wars, a Great Depression, many recessions and systematic mega-banker bailouts using taxpayer’s money.
In 1995, American investigator and author, G. Edward Griffin, published what is clearly the most authoritative book on the “FED” – as it is colloquially called in banking circles and by the mainstream media – “The Creature from Jekyll Island”.
Griffin’s book describes how a top secret conspiracy – sorry, can’t think of a better phrase – of very high-powered bankers, government officials and foreign agents met to plan the take-over of the American economy, finance and national currency, the US Dollar, to then wage global wars of conquest.
Bloomberg went on to describe how Rhode Island Senator, Nelson Aldrich, whose daughter married John D. Rockefeller Jr, “invited men he knew and trusted, or at least men of influence who he felt could work together: Abram Piatt Andrew, assistant secretary of the Treasury; Henry P. Davison, a business partner of JP Morgan's; Charles D. Norton, president of the First National Bank of New York; Benjamin Strong, another Morgan friend and the head of the Bankers Trust; Frank A. Vanderlip, president of the National City Bank; and Paul M. Warburg, a partner in Kuhn, Loeb & Co. and a German citizen.”
Paul Warburg was the actual mastermind behind the FED. Interestingly, his main partner at Kühn, Loeb & Co, Jakob Shiff, had just financed the Japanese war against the Russian Tsar; he would later channel 20,000,000 US dollars via a Russian exile living in Brooklyn by the name of Lev Davidovich Bronstein (better known as Leon Trotsky) to ensure the 1917 victory of the Bolshevik Revolution.
Neither 'Federal', nor 'Reserve', nor a 'Bank'
Actually, it’s a “system”. Officially, the “Federal Reserve System” wields full control over the US Dollar, not to serve the American people but on the contrary the interests of private bankers, who hold its very special type of stocks and shares.
In practice, the FED is over 95 percent privately-owned, is not integrated into the US Government, nor accountable to any branch of government. There is nothing “Federal” about it as it lies fully outside the government system of checks-and-balances.
Nor does it “Reserve” anything. Rather it arbitrarily prints all the money the mega-bankers and power elites need to keep the “globalized” world rolling in the direction that they wish and need. This includes such things as multi-trillion dollar “quantitative easings” to keep Goldman Sachs, Bank of America, CityCorp, Wachovia and JPMorgan Chase happy and “healthy”; financing clandestine and terror operations to overthrow the governments of Iran, Nicaragua, Argentina, Cuba, Chile, Syria, Libya, Vietnam and many others; waging decades-long wars against Afghanistan, Pakistan, Iraq, Africa and Latin America; unflinchingly supporting “little Israel’s” genocide in Palestine and its“democratic” 400-bomb strong nuclear program; and keeping Wall Street on permanent life-support.
Finally, it is definitely no “Bank” in the sense of a financial institution promoting the credit needs of the real economy for the benefit of the vast majority of the working population’s needs.
Rather, the FED supports the financial needs of the global war system, covert operations, usury, drug dealers, and the global banksters.
The FED answers to no one. It clearly does not serve “We the People” of the US or anywhere else. Its purpose is to serve the global power elites, regularly meeting to plan world government through entities like the Council of Foreign Relations, Trilateral Commission, Bilderberg, World Economic Forum and others forming part of todays’ intricate planetary web of global money power.
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