The Money Problem

"I place economy among the first and most important virtues, and public debt as the greatest of dangers. To preserve our independence, we must not let our rulers load us with perpetual debt."


-Thomas Jefferson


Article 1, Section 8 of the Constitution states that Congress shall have the power to create money and regulate the value thereof.



THE FEDERAL RESERVE BANK IS A PRIVATE COMPANY


The Federal Reserve controls our money and profits from it by printing WORTHLESS PAPER, through the Treasury, controling the value,collecting interest on it (THE SO-CALLED NATIONAL DEBT).



The Federal reaserve creates money from nothing, and loans it back to us through banks, and charges interest on that money. Every dollar they print they loan to us to be paid back with interest. Now how can you ever get out of debt if the only way you can pay the debt back is with dollars that have debt built into them? We should not be required to pay interest on our own currency. According to Benjamin Franklin, this was one of the primary reasons America fought the Revolutionary War.




The Federal reserve began with approximately 300 people or banks that became owners, stockholders purchasing stock at $100 per share, (the stock is not publicly traded). They make up an international banking cartel of The riches people on Earth!!


The beginning

During the time of the Babylonian captivity of Judah, a man named Jacob Egibi created what is now modern banking. While Judah was in captivity, Jacob started loaning out money for a rate of interest. During the Reign of King Kandalanu of Babylon (circa 648-625 B.C.) Jacob Egibi played a major part in the invention of private banking. There were 2 prominent families at this time, they were the Egibi family and the Iranu families. These 2 families names have appeared in many cuneiform tablets discovered by Archaeologists. It is believed that the Egibi family was taken with the first captivity into Assyria and then later migrated to Babylon. At the time of the 70 year captivity, Jacob Egibi already had a private banking business in which he collected large sums of interest.This is why many of the Jews did not want to return with Nehemiah to rebuild the temple at Jerusalem.



By the time of the end of the captivity, many of the others who were in captivity with the Egibi families learned his practice and started banks of their own. A good example of this are the moneychangers which the bible tells us Jesus Christ threw out of the temple. Christ drove the moneychangers from the temple and was crucified 4 days later!!


In The US


After America had won it's political independence it's financial independence was in jeopardy. The international bankers had an agent named Alexander Hamilton who wanted a central bank. Thomas Jefferson lobbied against this saying it was contrary to the Constitution. However, a central bank was formed in 1781 known as the Bank of North America and was patterned after the Bank of England. The colonists wanted nothing to do with it so it folded in 1790. The international bankers in turn gained a charter for the Bank of the United States on February 25, 1791. The Bank of France wanted the formation of the US Bank also and it was chartered for 20 years.



In 1826, the second bank's charter was soon to expire and Andrew Jackson campaigned for president by being strongly against the central bank that was owned and operated by the international bankers. Here is Jackson's opinion of those bankers:



"You are a den of vipers. I intend to wipe you out, and by the Eternal God I will rout you out...If people only understood the rank injustice of the money and banking system, there would be a revolution by morning."



In 1836, the charter expired but was not the end of the international banking influence in this country. The Civil War was planned in England as far back as 1809. Slavery was not the real cause of the Civil War. The Rothschilds (who were heavy into the slave trade) used slavery as "a divide and conquer strategy" that almost split the US in two. The Bank of England financed the North and the Paris branch of the Rothschild bank funded the South. In 1863, the National Banking Act was passed despite protest by President Lincoln. This act allowed a private corporation the authority to issue our money. Shortly after Lincoln was killed.



The new slaves



In 1910, the international bankers came together at the Jekyl Island Hunt Club on Jekyl Island, Georgia. To gain the absolute and complete control of all the money in America and with it the power to make slaves of all the people.



Paul Warburg was credited as the architect of the bill which was passed by Congress and signed by Woodrow Wilson. It was entitled the Federal Reserve Act of 1913. America again had a central bank but this time it was under an absolute dictatorship.



The Federal Reserve was incorporated in 1914 and has been creating completely unnecessary national debt ever since. It took the Fed only 25 years to bankrupt the USA. The United States went bankrupt in 1938 because of this system. The American people are paying billions of dollars a year in interest to the Fedearl Reserve.



Now that the Federal Reserve was firmly in place, schemes had to be constructed to get the government to borrow so a continuously growing national debt would happen. This is why we are always at war!!!


The Solution


The U.S. Government can buy back the FED at any time for $450 million (per Congressional record). The U.S. Treasury could then collect the profit on our money instead of the shareholders of the Federal Reserve. The trillions of U.S. debt can be exchanged dollar for dollar with U.S. non- interest bearing currency. There would be no inflation because there would be no additional currency in circulation. Income tax could be cut and the economy would expand. According to the Constitution, Congress is to control the creation of money, keeping the amount of inflation or deflation in check. If Congress isn't doing their job, they can be voted out of office, something that can not be done with the Federal Reserve.



I encourage you all to research this subject as it is way more detailed then this note and most important to our future!!!