The Federal Reserve conspiracy

9 Dec, 2010

Syed Mujahid Kamran

The present global war on terror is about money, wealth and empire. Mayer Amschel Rothschild once said: "Give me control of a nation's money and I care not who makes the laws." This control was wrested from the people of America through the Federal Reserve Act of 1913. This Act set up a private bank that was given a misleading name, The US Federal Reserve System, in order to conceal its true nature from the public. This so-called "System" is a private bank, which is neither a federal nor a reserve bank. Judged by its consequences, the setting up of the Federal Reserve is the greatest con job in human history. Through extraordinary cunning and deep secrecy, a small number of families were able to usurp the power of creating US money, in complete disregard of the US Constitution. Through the Federal Reserve these families were able to take the US into World War I, entangle the people of the US in a permanent web of public debt and perpetual war, own the White House, the judiciary and the entire government of America. As Rothschild had enunciated: "Wars should be directed so that nations on both sides should be further in our debt."

The superrich families now wish to conquer the globe through the lie of the global 'war on terror', so that they may own its entire wealth. They have embarked on this global war in accordance with the dictum of Rothschild who, at age 30, had said: "The power of our resources must remain invisible until the very moment when it has gained such strength that no cunning or force can undermine it."

The founding fathers of the US were deeply aware of the dark ability of corporations to become so powerful as to render the people powerless. Commenting on a bill to set up a national bank in 1791, Thomas Jefferson ruled: "...all powers not delegated to the United States, by the Constitution, nor prohibited by it to the states, are reserved to the states, or to the people (12th Amendment). To take a single step beyond the boundaries, thus specially drawn around the powers of the Congress, is to take possession of a boundless field of power, no longer susceptible to any definition. The incorporation of a bank, and the powers assumed by this bill, have not, in my opinion, been delegated to the United States by the Constitution." For the next 124 years, the bankers strove ceaselessly to gain ascendancy over the US Constitution and, with the passage of Federal Reserve Act, succeeded, with incalculable consequences for humanity.

Addressing 12 richest men of Germany, Mayer Amschel Rothschild had enunciated: "Panics and financial depressions would ultimately result in World Government, a new order of one world government." The US saw panics in 1873, 1893 and 1907. These panics were, to quote Eustace Mullins, "the result of international bankers' operations in London." It was the panic of 1907 that gave rise to the apparently public demand for monetary reform so that such panics could be avoided. Senator Aldrich was made head of a National Monetary Commission in 1908. For two years, he travelled in Europe where he met with the leading bankers, but did not file any report. On November 22, 1910, eight men left, including Aldrich, his personal assistant, and an Assistant Secretary of Treasury, for the aptly named Jekyll Island in the State of Georgia. Of the remaining five men, three represented financial institutions controlled by J.P. Morgan, one represented the National City Bank of New York, while the Kuhn Loeb and Co was represented by a man named Paul Warburg, who had emigrated to the US only a few years earlier. These men travelled in a private railroad car undercover of darkness. Jekyll island was closed to everyone else for two weeks, the servants who worked in the mansion where these men had retreated, were sent on leave and new hands hired. Throughout the stay only first names were used so that the attendants would not know who the men really were. Draft after draft prepared by Warburg was debated and finally a document was agreed upon. This became the core of what subsequently became known as the Aldrich Bill.

The Aldrich Bill was opposed vehemently and the planners had to wait till 1913 to see success. Harper's Magazine wrote on May 7, 1910: "Mr Aldrich sums up in his personality the greatest and most sinister menace to the popular welfare of the United States." The true names of those who prepared the draft were never revealed to the public, and even today the mainstream media does not mention these.

The schemers behind the game changed their plan. They secretly financed all three contenders for elections to the presidency - William Howard Taft, Woodrow Wilson and Teddy Roosevelt - the latter was given immense coverage to cut into Taft's vote bank. As a result, their stooge Wilson won the election. It was Wilson who, in 1907, had suggested the formation of a committee of "six or seven public-spirited men like J.P. Morgan" to solve the monetary problem. The same ideas were presented as Glass Bill before the Congress on September 18, 1913, and passed.

On Friday, December 19, 1913, the Senate passed the Glass Bill, but with about 40 differences between the Senate and Congress versions. The bankers dealt the final blow with astonishing speed. Over the weekend, they prepared a draft with those 40 differences smoothed out and, in violation of the longstanding tradition that important legislation would not be tabled before Christmas, placed it before the Congress and Senate on Monday, December 22, 1910. It was passed on the same day, while many opponents had proceeded for Christmas to their constituencies. President Wilson's hesitation was immediately removed by a visit from Bernard Baruch, a financer of his campaign, and thus on December 23, 1913, Wilson signed the Bill that has subjugated the people of the US to a few wealthy families ever since. The real control, however, lay elsewhere - outside the US. But that's another story.

The writer is the vice chancellor of the University of the Punjab.

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