Global financial crisis in 2022 - 2029? See: http://epic-7.com
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The stage is set !! the prophecy of YAH God of Israel is being fulfilled right before your eyes...praise YAH..The economic crash that is imminent will paralyze the nations as a whole and 97% of all populations on the face of the earth will have to submit totally to there sitting governments under a new rule of law in-order to survive the rising of Zion's kingdom. this transition of all power to Zion will be exercise against all the kingdoms of the earth because of massive sins against the Creator. The ruling King at this time will be David but to the world the anti-Christ because all have been deceived. King David will arise in Jerusalem and execute Gods judgment upon all the nations and he will deliver the remnant of Israel and cleanse the holy land of all its pagan worship and build the temple of YAH God of Israel. The nations will build our Kingdom and bring all their riches to King David as an offering of peace and the nation who will not obey will perish. Keep in mind David will smite the nations with the breath of his lips so he want need a army....just like moses did to Egypt!!
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He just wants to get you to buy Gold and Silver, which who knows the Government might make it illegal to have Gold or Silver, and our Government has done this before, think this you have a mortgage payment of 1,500 per month, and your not working and the Government puts a price hold on Gold at 35 per ounce, instead of 1,300 right now, and Silver the same way, If Us Dollars goes so does the United States, and that's not going to happen anytime soon, if United States filed for bankruptcy, that's fine, many companies and countrys have done so, that might be better, if China does not want US dollars anymore will start manufacturing stuff here in America again,
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Gold and Silver Failed before, just look in the Bible, if things get really bad and your Hungry and other people have food but the don't want to sell it to you for Gold or silver, and you starve .... so hope that the Dollar does not go away...
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It's not imaginary its real, you can go to the store and by stuff , paper money is what you can do with it,...
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The Feds always buy our Debit, they hold about 50%
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An asset is worth the value people give him or the value of the actual cash flows you can get out of them. Therefore, you either believe a currency/metal is worth by its own or buy assets at a reasonable price that actually will generate relatively strong cash flows regardless the economic conditions. What will people buy if 10 years time, even if we face a great depression? The challenge is to find those assets at that reasonable price. Therefore, keep your cash available once those opportunities show up. Once people start selling in fear of happening whatever these guys are preaching...
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If gold is really going to $20,000, it doesn't matter if you have it or not. The world would be so unsafe that you wouldn't be able to go outside to use it! I am in the camp of buying gold and silver for financial protection/insurance. It's not an investment. Can you imagine the fucking hell we would be living in if gold went to $20,000? Fuck going all in on metals! Buy yourselves some damn food! Never mind that suggestion if you found some brilliant way to make gold edible and inject some nutritional value into it.
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http://www.lietaer.com/2010/03/the-worgl-experiment/
The Wörgl Experiment: Austria (1932-1933)
Submitted by blietaer on March 27, 2010 – 7:34 amNo Commenthttp://www.lietaer.com/wp-content/uploads/2010/05/images.jpgIn 1932, in the midst of the Great Depression, the small town of Wörgl in Austria successfully experimented with its own local currency (in the form of a stamp scrip). Based on the thinking of Silvio Gesell, an early 20th-century economist, and designed to stimulate the local economy, the new currency helped put the population back to work, and inspired many other communities to want to follow its example, until the experiment was abruptly terminated by Austria’s Central Bank in 1933. The following is the story of the “miracle of Wörgl” as told in The Future of Money (pp. 153-155). ——————————————————————————————————————-
One of the best-known applications of the stamp scrip idea was applied in the small town of Wörgl in Austria in 1932 and 1933. When Michael Unterguggenberger (1884-1936) was elected mayor of Wörgl, the city had 500 jobless people and another 1,000 in the immediate vicinity. Furthermore, 200 families were absolutely penniless. The mayor-with-the-long-name (as Professor Irving Fisher from Yale would call him) was familiar with Silvio Gesell‘s work and decided to put it to the test.
http://www.lietaer.com/wp-content/uploads/2010/05/michael-unterguggernberger2.jpg
Michael Unterguggenberge
He had a long list of projects he wanted to accomplish (re-paving the streets, making the water distribution system available for the entire town, planting trees along the streets and other needed repairs.) Many people were willing and able to do all of those things, but he had only 40,000 Austrian schillings in the bank, a pittance compared to what needed to be done.
Instead of spending the 40,000 schillings on starting the first of his long list of projects, he decided to put the money on deposit with a local savings bank as a guarantee for issuing Wörgl’s own 40,000 schilling’s worth of stamp scrip. He then used the stamp scrip to pay for his first project. Because a stamp needed to be applied each month (at 1% of face value), everybody who was paid with the stamp scrip made sure he or she was spending it quickly, automatically providing work for others. When peoople had run out of ideas of what to spend their stamp scrip on, they even decided to pay their taxes, early.
Wörgl was the first town in Austria which effectively managed to redress the extreme levels of unemployment. They not only re-paved the streets and rebuilt the water system and all of the other projects on Mayor Unterguggenberger’s long list, they even built new houses, a ski jump and a bridge with a plaque proudly reminding us that ‘This bridge was built with our own Free Money’ (see photographs). Six villages in the neighborhood copied the system, one of which built the municipal swimming pool with the proceeds. Even the French Prime Minister, Édouard Dalladier, made a special visit to see first hand the “miracle of Wörgl.”
http://www.lietaer.com/wp-content/uploads/2010/05/worglfront10.jpgIt is essential to understand that the majority of this additional employment was not due directly to the mayor’s projects as would be the case, for example, in Roosevelt’s contract work programmes described below. The bulk of the work was provided by the circulation of the stamp scrip after the first people contracted by the mayor spent it. In fact, every one of the schillings in stamp scrip created between 12 and 14 times more employment than the normal schillings circulating in parallel. The anti-hoarding device proved extremely effective as a spontaneous work-generating device.
Wörgl’s demonstration was so successful that it was replicated, first in the neighboring city of Kirchbichl in January of 1933. In June of that year, Unterguggenberger addressed a meeting with representatives of 170 other towns and villages. Soon afterwards 200 townships in Austria wanted to copy it. It was at that point that the central bank panicked and decided to assert its monopoly rights. The people sued the central bank, but lost the case in November 1933. The case went to the Austrian Supreme Court, but was lost again. After that it became a criminal offence in Austria to issue “emergency currency.”
… does it sound familiar? Only a central authority saviour can help people who are not allowed to help themselves locally. Ans as all economists will point out, when there is enough demand, supply always manifests in some way. Even if you have to import it. During the Anschluss of 1938, a large percentage of the population of Austria welcomed Adolf Hitler as their economic and political saviour. The rest is well known history.
http://www.veteranstoday.com/2011/06/26/was-world-war-ii-fought-to-make-the-world-safe-for-usury/
Japan in WWII: A Casualty of Usury?
By Dr. Ingrid R. Zundel on June 26, 2011
http://www.veteranstoday.com/wp-content/uploads/2011/06/pearl-harbor1.jpgWas WWII Fought to make the World Safe for the Bankers?
by Dr. Ingrid Rimland Zundel
Thanks to best-selling author, David Irving, the establishment view that the United States of America became embroiled in World War II as a result of a surprise attack on Pearl Harbour on December 7, 1941 is no longer accepted by major historians. The origins of this conflict, says South African politician and noted banker, Stephen Goodson, have far deeper roots.
Goodson explains the background as follows:
During the 1930s Japan rapidly expanded her industrial production, while the rest of the world, with the exception of National Socialist Germany, stagnated. By 1941 Japan had become the leading economic power in East Asia. Her exports were steadily replacing those of America and England.
Writes Goodson:
Japan has very few natural resources, so what was the secret of her success? In order to answer this question, it is necessary to return to the year 1929, when one of the twentieth century’s foremost monetary reformers, Major Clifford Hugh Douglas, went on a lecture tour of Japan.
Douglas’s economic theory advocated the transfer of the money creation process from private banks, which create money out of nothing as an interest-bearing debt, to the state. This government created money he termed social credit. He also favored the payment of a basic income or national dividend to each citizen. This dividend would provide consumers with the additional buying power necessary to absorb all the current production of goods in a non-inflationary manner2.
http://www.veteranstoday.com/2011/06/26/was-world-war-ii-fought-to-make-the-world-safe-for-usury/douglas2/
Major Clifford Hugh Douglas
Douglas’s financial proposals for an honest money system, based on government creating the nation’s money and credit on an interest-free basis, were enthusiastically received by Japanese industry and government.3
All Douglas’s books and pamphlets were translated into Japanese, and more copies were sold in that country than in all the rest of the world put together.4
Since its inception in 1882 the largest shareholder of the Bank of Japan (Nippon Ginko) had been the Japanese Imperial Household. Its reorganization into a state bank, which was administered exclusively for the accomplishment of national interests, was implemented in 1932.
The reform of the central bank was completed in February 1942 when the Bank of Japan Law was remodelled on the Reichsbank Act of Germany of 1939.
Goodson continues:
“The Bank of Japan Law declared that the bank was a special corporation of a strongly national nature. The Bank was ‘to assume the task of controlling currency and finance and supporting and promoting the credit system in conformity with policies of the state to ensure the full use of the nation’s potential’. Further, it was ‘to be managed with the accomplishment of national aims as its sole guiding principle’ (Article 2).
As for the functions of the Bank, the law abolished the old principle of priority for commercial finance, empowering it to supervise facilities for industrial finance. The law also authorized the Bank to make unlimited advances to the government without security, and to subscribe for and to absorb government bonds.
http://www.veteranstoday.com/2011/06/26/was-world-war-ii-fought-to-make-the-world-safe-for-usury/david-irving/
WW2 Historian, David Irving
In respect of note-issues the law made permanent the system of the maximum issues limit; thus, the Bank could make unlimited issues to meet the requirements of munitions industries and of the government.
On the other hand, government supervision of the Bank was markedly strengthened. The government could nominate, superintend and give orders to the president and the directors; there was also a clause giving the government more comprehensive powers to give so-called ‘functional orders’ to the Bank, to direct it to perform any function it deemed necessary for the attainment of the Bank’s purpose.
Moreover, the law made a wide range of the Bank’s business subject to governmental approval, including such matters as the alteration of Bank rate, note-issues and accounts”.5
The results of these reforms can be seen in the sustained improvement which took place in the Japanese economy, once the shackles of usury had been removed. During the 1931-41 period, manufacturing output and industrial production increased by 140% and 136% respectively, while national income and Gross National Product (GNP) were up by 241% and 259% respectively. These remarkable increases exceeded by a wide margin the economic growth of the rest of the industrialized world.
In the labour market unemployment declined from 5.3% in 1930 to 3.0% in 1938. Industrial disputes decreased with the number of stoppages down from 998 in 1931 to 159 in 1941.
In contrast to Japan, America had a private, mostly foreign owned central bank, the United States Federal Reserve Bank. Since its establishment on December 23, 1913 under highly suspicious circumstances, this bank had been undermining the US Constitution and destroying the freedom and prosperity of the American people.
A contemporary indictment of the US Federal Reserve may be found in a quotation from the opening paragraphs of a speech given by the Honorable Louis T. McFadden, Chairman of the House Committee on Banking and Currency (1920-31). It was delivered to Congress on June 10, 1932 to the general acclaim of the members present.
“Mr. McFadden. Mr Chairman, we have in this country one of the most corrupt institutions the world has ever know. I refer to the Federal Reserve Board and the Federal Reserve banks. The Federal Reserve Board, a Government board, has cheated the Government of the United States and the people of the United States out of enough money to pay the national debt.
The depredations and the iniquities of the Federal Reserve Board and the Federal Reserve banks acting together have cost this country enough money to pay the national debt several times over.
This evil institution has impoverished and ruined the people of the United States; has bankrupted itself, and has practically bankrupted our Government. It has done this through the defects of the law under which it operates, through the maladministration of that law by the Federal Reserve Board, and through the corrupt practices of the moneyed vultures who control it.
Some people think the Federal Reserve Banks are United States Government institutions. They are not Government institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders.”
Mr. McFadden then went on to expose how the Federal Reserve Bank buys votes in the States in order to control the state legislatures; and how they use their vast financial resources in maintaining “an international propaganda” for covering up their previous misdeeds and setting in motion new opportunities for their “gigantic train of crime”.
According to McFadden, these 12 private credit monopolies were “deceitfully and disloyally” foisted on an unsuspecting public by foreign bankers, who in 1904 bankrolled Japan in her war with Russia. In 1917 they financed Trotsky’s political programme in America and paid for his passage to Russia. With the assistance of their branch banks in Sweden, these international bankers “fomented and instigated the Russian Revolution”, which resulted in the “destruction of the Russian Empire”.
Goodson points out something astounding to many of the uninitiated:
It can thus be seen that the US Federal Reserve Bank was intimately involved in plotting and financing the overthrow of the Russian Empire7. With its stranglehold on the media and its placemen occupying most of the key positions in government in 1941, the Bank was in a favourable position from which to manipulate and provoke war with Japan.
Both the Bank of Japan and the German Reichsbank8 with their systems of state creation of the money supply at zero interest – and the inevitability that those systems of finance would be replicated by other countries, in particular those of the proposed Greater East Asian Co-prosperity Sphere – posed such a serious threat to the private investors of the US Federal Reserve Bank, that a world war was deemed to be the only means of countering it.
In July 1939 the United States unilaterally abrogated the Treaty of Commerce of 1911, thereby restricting Japan’s ability to import essential raw materials. These measures were imposed avowedly because of the war in China and were followed in June 1940 by an aviation fuel embargo and a ban on the export of iron and steel in November 19409.
http://www.veteranstoday.com/2011/06/26/was-world-war-ii-fought-to-make-the-world-safe-for-usury/hideki_tojo-3/
General Hideki Tojo
In July 1941 all Japanese assets in England, Holland and America were frozen after Japan had peacefully occupied Indochina, with the permission of Vichy France, in order to block off China’s southern supply routes. At the same time an oil embargo was enforced. Without oil Japan could not survive.
General Hideki Tojo, Prime Minister (October 1941 – July 1944) explains in his diary how the United States continually thwarted Japanese efforts at maintaining the peace. Japan’s peaceful commercial relations were being persistently undermined by the USA and posed a grave threat to her future existence. By means of the economic blockade a noose was being placed around Japan’s neck.
Not only were the United States, England, China and Holland encircling Japan through economic pressures, but naval forces throughout the region in the Philippines, Singapore and Malaya were being redeployed and strengthened.
An American admiral claimed that the Japanese fleet could be sunk in a couple of weeks, while Prime Minister Churchill declared that England would join America’s side within 24 hours.
“Japan attempted to circumvent these dangerous circumstances by diplomatic negotiation, and though Japan heaped concession upon concession, in the hope of finding a solution through mutual compromise, there was no progress because the United States would not retreat from its original position.
In the end, the United States repeated demands that, under the circumstances, Japan could not accept : complete withdrawal of troops from China, repudiation of the Nanking government, withdrawal from the Tripartite Pact.
At this point, Japan lost all hope of reaching a resolution through diplomatic negotiation. Since events had progressed as they had, it became clear to continue in this manner was to lead the nation to disaster. With options thus foreclosed, in order to protect and defend the nation and clear the obstacles that stood in its path, a decisive appeal to arms was made.
War was decided upon at the Imperial Conference on December 1, 1941, and the shift to real operations was made at this point. However, even during the preparations for action, plans were laid in such a manner that should there be progress through diplomatic negotiation, we would be well prepared to cancel operations at the latest moment that communication technology would have permitted.” 10
A further incentive for the unprincipled leaders of the US government to instigate a war with Japan was the Tripartite Pact of September 21, 1940. This was a defensive military alliance under the terms of which, if one of the Axis powers was attacked, the others would come to its defence. By these means Germany was induced to declare war on the USA.11
After numerous diplomatic initiatives including the offer of a summit on August 8, 1941 had failed, Japan was forced into attacking America in order to maintain her prosperity and secure her existence as a sovereign state.
In the ensuing slaughter 2.3 million Americans and Japanese lost their lives. Tens of thousands of allied soldier were subjected to the indignities and sufferings of prisoner of war camp life12.
In a consummate act of hypocrisy the Japanese High Command was placed on trial for “war crimes”. These tribunals were based on ex post facto laws, which resulted in the subversion of 2500 years of Western jurisprudence. The rule of tu quoque (thou also) was cynically ignored, notwithstanding the brutal nuclear attacks on Hiroshima and Nagasaki, where an estimated 239 000 died.13
One of the first acts of the United States occupation forces in Japan in September 1945 was to restructure the Japanese banking system, so as to make it compliant with the norms of the international bankers i.e. usury. The unrestricted financing of the state by the Bank of Japan was abolished and the large industrial combines, the Zaibatsu, were dismantled. This policy was carried out by Joseph Dodge, a Detroit banker, who was financial adviser to the Supreme Allied Commander, General Douglas MacArthur.
On both the 50th and 60th anniversaries commemorating the end of World War II, Japanese officials, including Japan’s prime minister Junichiro Koizumi14 on the latter occasion, have apologized. Clearly such apologies are misplaced and it is perhaps America who should be apologizing to the Japanese for having provoked them into a senseless and useless war, which according to Allied propaganda was fought to make the world safe for democracy.
The reality is that World War II was fought to make the world safe for usury – to ensure the permanent enslavement of mankind through debt and interest.
Notes
1 Thomas Kimmel (grandson of Admiral Husband Kimmel), ’12 New Pearl Harbor Facts’, The Barnes Review, November/December 2004, pp. 37-41. Critical intelligence was withheld from the local commanders to ensure that the “surprise” attack was as spectacular as possible. See also Roger A Stolley, ‘Pearl Harbor Attack No Surprise’, The Journal for Historical Review, Vol. 12, No. 1, Spring 1992, pp. 119-21 who quotes LTC Clifford M. Andrew, a former U.S. Army intelligence officer, who temporarily was assistant chief of staff, military intelligence, general staff, United States Army as follows:
‘Five men were directly responsible for what happened at Pearl Harbor. I am one of those five men ….. We knew well in advance that the Japanese were going to attack. At least nine months before the Japanese attack upon Pearl Harbor, I was assigned to prepare for it.
I was operating under the direct orders of the President of the United States and was ordered not to give vital intelligence information relating to the whereabouts of the Japanese fleet to our commanders in the field.
We had broken the Japanese code … We’d been monitoring all their communications for months prior to the attack …. It was a lie that we didn’t have direct communication with Washington, D.C.’
Stolley concludes by saying the “For the people of the United States both then and now I feel sorrow, for a people to have been so misled, to have been lied to so much and to have so thoroughly believed the lie given to them.’
2.. This forms part of Douglas’s A + B theorem, viz that prices are always being generated at a faster rate than incomes are produced, so that the total prices of all goods in the economy at any particular stage exceed the total buying power of consumers. The national dividend was intended to make up for this deficit of purchasing power, and as a consequence would assist in abolishing the business cycle and the syndrome of poverty amidst plenty.
3. This enthusiasm may be contrasted with the alarm with which Douglas’s ideas were received by the City of London or Square Mile (677 acres). During the 1930s £5 million (a prodigious sum in to-day’s values) was raised by the international bankers in order to neutralize Douglas’s proposals.
4. ‘New Economics’, January 19,1934, p. 8 as quoted in D J Amos, ‘The Story of the Commonwealth Bank’, Veritas Publishing Company, Bullsbrook, Western Australia, 1986, p. 44.
5. Money and Banking in Japan, The Bank of Japan Economic Research Department, translated by S Nishimura, edited by L S Pressnell, Macmillan, London, 1973, p.38.
6. “Collective Speeches of Congressman Louis T. McFadden’ Omni Publications, Hawthorne, California, 1970, Chap XVI, The Treacherous and Disloyal Conduct of the Federal Reserve Board and the Federal Reserve Banks, pp.298-9.
7. In 1914 Russia was the most prosperous nation in the world. She had a small and declining foreign debt and no central bank. See George Knupffer, “The Struggle for World Power”, London, 1971, Chap. 15, Some Details about Russia, pp. 138-46.
8. Stephen M. Goodson, “Bonaparte & Hitler Versus the International Bankers’, The Barnes Review, November / December 2004, pp. 23 -9.
9. Alleged human rights violations were the outward motivation for the imposition of sanctions. However , this may also have been a manoeuvre to protect US oil investments in China.
10. The Journal for Historical Review, Vol. 12, No.1, Spring 1992, Hideki Tojo’s Prison Diary , pp. 41-2.
11. Besides the obligations of the alliance, other factors which influenced the German declaration of war were the persistent provocations of the US Navy in the north Atlantic, and the anticipation that the Japanese would open up a Russian front in the Far East and provide relief for the beleaguered German forces outside Moscow.
12. In view of Japan’s non-ratification of the Geneva Convention in 1929, the Allied Chiefs of Staff have to bear some of the responsibility for the hardship, which they knew their soldiers would have to endure if captured. A recent study by Professor Richard Aldrich of Nottingham University, England ‘The Faraway War, Personal Diaries of the Second World War in Asia and the Pacific’, 2005, Doubleday has revealed that the stereotyping of the Japanese as being cruel and robotic is inaccurate, and that most of them were tough and fair in their treatment of enemy prisoners. In contrast American and Australia soldiers frequently did not take prisoners, but massacred them as “machine-gun practice”. (1943 diary of Eddie Stanton, Australian posted to Goodenough Island off Papua New Guinea). According to a spokesman of the Imperial War Museum, London in a programme broadcast on British Sky television on August 15, 2005, Japanese treatment of Russian prisoners of the Russo-Japanese War (1904-5) and German prisoners of World War I (1914-18) was exemplary.
13. The justification for these bombings was that the conquest of the Japanese mainland would have cost an estimated 500 000 allied lives. Yet these disasters could have been avoided if Japanese peace overtures for a conditional surrender had been accepted in January 1945.
14. According to the September 2005 issue of the monthly journal Right Now, 78 Marylebone High Street, London WIU 5AP on p. 15, ‘Prime Minister Junichiro Koizumi is attacked time and again for continuing to visit a Tokyo shrine (the Yasukini) where Japan’s war dead are deified. The International Herald Tribune and the New York Times refer to these Japanese dead as ‘war criminals.’
Stephen Goodson is the director of a central bank in South Africa. (With credits to Mr. Goodson for his meticulous research.)
http://www.uco.edu/la/political-science/files/gatch/Irving-Fisher-and-Stamped-Scrip-optimized.pdf
https://ccc4mr.wordpress.com/guernsey-island/
Guernsey Island
Guernsey’s monetary experiment
Guernsey is a small island located in the English Channel. An Anglo-Norman population. This island is located closer to the French coast than to the English one.
At the close of the Napoleonic wars, the island, like several countries, was in pitiful condition, both pydically and financially.
No money
Sea walls, roads, markets were needed.There was no manpower shortage. but there was no money to pay for these works.
The money used by the people on the island was the money from England, the pound sterling. But, like after any war, the financiers were calling back the money advanced to finance the slaughter, and the pounds sterling were very scarce everywhere.
The island had an autonomous government, “the States of Guernsey.” So it had the rights inherent in all sovereign government, among other rights, that of regulating the volume of money incirculation in the country. But, no more ethan any other country, the States of Guernsey had thought of exercising this sovereign prerogative.
An intelligent governor
The island was especially in need of a new market house, and a committee was set up to take care of it. The committee went to see the governor to explain the situation to him:
“We need a new market, but we have no money to build it.”
“With what material are you going to build a market?” asked the governor.
“With stone and wood.”
“Do you have it in the island?”
“Certainly, and in plenty.”
“Do you have workers?”
“Yes again. But it is money that is lacking.”
“Could not your parliament issue money?” asked the governor.
A new idea!
This idea had never occurred to the committeemen, who had never analysed the money question. They knew where to get money when there was some: but they never wondered where money begins or can begin.
The method of taxing when there was money was quite familiar. But the method of injecting the money that is lacking, and of taxing only after, was something new to our administrators.
Issues of national currency
An estimate of the cost was prepared and the States printed the money required, which was paid to those who either worked on the project or furnished materials for it.
As the new currency was paid out into circulation among the people, exchanges were being expedited. The wage-earners went to the shopkeepers, the shopkeepers went to the producers, the producers bought enough to increase their production.
The currency was accepted everywhere. The government took measures against inflation by decreeing that money would be withdrawn by taxes, so it does not accumulate. And, in fact, the money was retired on schedule by taxes. But, as the increasing activity required a corresponding volume of money, other issues were brought out by the government for other works.
On October 12, 1822, the new Market house was completed and opened. Not a penny of public debt on this public enterprise.
The bankers intervene
At the time of the original issue, there was no bank upon the island. This explain, without doubt, why there was no opposition to the issue of State money.
But ten years after the first issue, the island had become so prosperous, thanks to the activity allowed by a sufficient volume of money, that the banks of England had en eye on this island.
English bankers set up branches in the island and brought the population around to orthodox rules. “It was unsound,“ they said, “to let the government finance its enterprises without getting into debt.”
The bankers did everything to stop further issues to introduce the system of interest-bearing loans to the government and to withdraw from the island the State money that had been paid out into circulation.
There was some resistance, but the bankers won their point, with their usual methods, and on October 9, 1836, the States of Guernsey had abdicated their sovereign prerogative over the control of the volume of money. From then on, the amount of the national currency decreased gradually, and was replaced by money issued by private bankers in the form of loans getting the island into debt.
Nevertheless, there is still about 40,000 pounds sterling ($200,000) of national currency outstanding at this date in the island. (According to Gertrude M. Coogan inMoney Creators, published in 1935.)
Why a financial problem?
As we can see, with natural resources, workers, and a bit of common sense, there is no financial problem.
But when shrewd exploiters want to regulate economic activities according to their power and their profit, there there financial problem arises.
Of course, minds in search of arguments to justify the present regime will say that Guernsey was only an insignificant small island; that the control of the volume of money by the representatives of the people is good for a small country, but not for a big country.
All right. Take note of what these gentlemen object to you today. Next week, these same gentlemen will tell you that the mone problem cannot be solved properly in a small territory or a province, but must be brought to a federal or even an international level!
It was not Social Credit yet in Guernsey from 1820 to 1836. No doubt that the development of that time and that place would not have allowed to go as far as to give a dividend to consumers. But it was already a non-debt-bearing national currency, issued in accordance with the possibilities in front of the needs.
The issues of national currency by the States of Guernsey caused neither inflation nor idleness. They created activity and prosperity. But these issues did not make any slaves, and that is why the bankers intervened.
Source: michaeljournal.org/guernsey.htm
Little Guernsey: 200 Years of Debt-Free Money
The single most important task in reversing the police state is to end the Federal Reserve’s power, and the most important thing to do about that is to end debt-created money.
It is also something that the average person can understand. Thomas Edison said, “If our nation can issue a dollar bond, it can issue a dollar bill.”
Instead of every dollar being issued requiring future taxation to pay interest, every dollar can be issued without any future expense. This will allow the government to have more money without people paying as much in taxes (something like this is the way to present it to the uniformed).
Milton Freedman came up with a way to pay off the national debit in one year, and it had the added benefit of virtually ending the power of the central bank in the same time period, WITHOUT causing inflation or any economic disruption (and even if it did, that would not be any worse than the current situation).
His plan was for the government to issue debt-free currency, as Lincoln did. Instead of people using “Federal Reserve Notes,” they would start using “United States Notes,” as they did 100+ years ago.
These notes would be debt-free because they would not be bonds that would be bought by the Federal Reserve. Instead, they would be issued and sent to the banks, which would REPLACE Federal Reserve Notes with these United States Notes. For a period of time, both would be in circulation, though they would look the same, so people could deal with it easily. Eventually, the FRN’s would be gone.
It would likely be a process that would take a matter of months (maybe a year or so), and to prevent inflation, the banks would increase their reserve requirements at the same time, gradually from the current 10% to 100%. That would end fractional reserve banking.
There would be no need for a gold standard. Just replace the debt over time with new currency and slowly increase the amount the banks have to hold on deposit.
After that, the money supply could be increased at the rate of population increase. Then, we abolish the Federal Reserve Act, and end all connections to the World Bank and similar entities.
No more government borrowing also means the troops come home, ending the imperialism, as well as many other benefits. It would be the beginning of the end of the police state.
Then, we could start identifying those who deserve prosecution for the crimes they have committed.
The tiny island nation of Guernsey did something like this about 200 years ago. Although they had a pretty big increase in money supply over several decades, they suffered no inflation because their economy also grew at the same time.
Today, the tiny nation is prosperous, with the 9th highest per-capita income in the world — and they still issue their own debt-free money.
We should start asking people a simple question: Wouldn’t it make sense for the government to have debt-free money, so that it has more available for the people?
If anyone disagrees, we should simply ask them to explain how money is created now. Either they will show they don’t know what they are talking about, or they will have to defend the added cost for no benefit.
Source: dailypaul.com/308475/little-guernsey-200-years-of-debt-free-money
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How Guernsey Beat the Bankers
archive.org/details/HowGuernseyBeatTheBankers
aberhartfoundation.ca/PDF/Banks.pdf
ISBN 85694 239 1
Guernsey Historical Monograph No. 23
General Editor: J. Stevens Cox, F.S.A.
HOW GUERNSEY BEAT THE BANKERS
by
EDWARD HOLLOWAY
The story of how the Island of
Guernsey created its own money,
without cost to the taxpayer,
and established a prosperous
community free of debt.
TOUCAN PRESS
MOUNT DURAND, ST. PETER PORT,
GUERNSEY, C.I.
1981
A NOTE ON THE WRITER, EDWARD HOLLOWAY
Holloway was a founder member and has been
Honorary Secretary of the Economic Research Council
since 1955. He also edits a quarterly journal— Britain
and overseas.
He became interested in economic and monetary
policy in the depression years of the 1 930s and founded
the Economic Reform Club and Institute in 1936. The main
objective of this organization was attained with the
setting up by H.M. Government of the Radcliffe Committee
on credit and currency in 1957.
Holloway has made a special study of economic
questions particularly in relation to monetary policy and
also international trade and payments. Over the years he
has lectured to hundreds of audiences including fifth and
sixth forms at many of the leading public schools, the
RAF, Navy etc. He is joint author of "Money: The Decisive
Factor", published in 1959. Other publications include
"The Case for an Atlantic Free Trade Area" in 1967,
"Inflation and the Function of Monetary Policy in Britain"
in 1971 and "Honest Money: The Case for a Currency
Commission" in 1976.
He sponsored a 'Programme for National Recovery' in
1967. This programme was supported by 19 economists
and industrialists and resulted in the publication of live
research reports which have played a significant part in
changing the climate of opinion in the sphere of economic
and monetary policy.
New Arcade and Market Place, St. Peter Port, c.1840.
After a lithograph published by M. Moss, bookseller,
Guernsey.
PREFACE
by James Glyn Ford
This pamphlet, "How Guernsey Beat the Bankers", is a
reprint of one issued in 1958 by the Social Credit
Movement. It tells how the Guernsey States from 1819-1836
manipulated the issue of notes to allow a number of
public works to be carried out — including both the
construction of the Guernsey Market and the rebuilding of
Elizabeth College — without increasing public debt. The
details are contained within the pamphlet itself. The
author, rightly, saw this as an anticipation of the idea of
social credit. As such, for the very different audience that
will read it now, a very brief background to the ideas and
history of the Social Credit Movement in Britain may prove
helpful.
The Movement's origins lay with the economic theories
of Major C.H. Douglas, who early this century wrote a
number of books explaining that the then current economic
problems were caused by the arbitrary control of the money
supply by the banks and bankers. He proposed that money
backed by gold or paper should be replaced by notes backed
by the real wealth of nations, their goods, plant and
machinery. A consequence of this would be that the
parasitic role of bankers in the economy would be removed
and the economy would as a result expand.
Social Credit ideas have never become widely accepted
although in the 1930s they gained some currency. In 1929
a Social Credit Party was established in Britain under the
leadership of John Hargrave. The 1930's was a time of
political upheaval, and the Social Credit Party's para-
military Greenshirts added another hue to the colourful
street demonstrations of the decade, with the marching
and countermarching of Moseley's Blackshirts, the red
shirted Independent Labour Party and the khaki of the
communists. At their peak in 1933 the Greenshirts could
call on 10,000 supporters for their demonstrations in
Britain's cities. At times the personification of their
campaign of 'out with the Vipers' (i.e. the bankers)
took on an anti-semitic flavour.
The beginning of the end for them came in 1936 with the
passing of the Public Order Act which banned political
uniforms. Deprived of the presence that came with the
impact of marching uniformed ranks they, along with their
colourful counterparts, faded from the scene. All that
remains in Britain now is a small group of enthusiasts.
Elsewhere in the English speaking world the Social Credit
Movement has had a fitful existence. Both New Zealand
and Canada have elected Social Credit M.P.'s to their
national parliaments. At provincial level in Canada they
have had strong support in Quebec, and in Alberta formed
the government. Even in these areas they are now
in decline.
INTRODUCTION
The announcement by the Chancellor of the Exchequer
in his budget speech that he intends to set up a committee
to inquire into monetary and credit policy is bound to focus
attention on the workings of our financial system. Over the
years there have been many interesting monetary
experiments undertaken in various parts of the world.
These have mainly taken place in small communities but
they are none the less of interest. For example there was
the experiment in the island of Guernsey in the period
following the Napoleonic wars. There ware also
experiments in the towns of Swanenkirchen in Bavaria and
Worgl in the Austrian Tyrol which took place in the years of
depression following the 1914-18 war. Another
interesting example is the amazing development which
took place in the island of Gosaba off the coast of India.
These and similar experiments had one factor in common.
A depressed and unproductive community was changed in
a comparatively short while into an active prosperous
and happy community.
The story of the island of Guernsey is particularly
interesting from our point of view for it is a relatively
easy matter to see for oneself the actual buildings which
were created — as a result of these experiments.
For example the Market House and Elizabeth College
were two examples of the result of the sensible money policy
adopted by the island Parliament in the early part of last
century. Other improvements included better roads, a modern
sewage system; all of which were constructed without a debt
being incurred by the community.
These experiments have a considerable bearing upon
our present monetary policy which, as is being
increasingly realized, is in need of considerable revision.
We make no apology therefore for re-telling the story
of the successful monetary experiment in Guernsey.
THE GUERNSEY MARKET SCHEME
Our story opens in the year 1815. It was a year of
considerable difficulty for the people of Britain but the
people of the little island of Guernsey were particularly
hard hit. The effects of the Napoleonic wars had resulted in
a state of despair on the part of the island community due
to the acute economic distress then prevailing.
The following extract from a document presented
by the States (as the island Parliament is called)
to the Privy Council speaks very eloquently
on the state of affairs:
"In this island, eminently favoured by nature,
nothing has been done by art or science towards the
least improvement; nothing for the display or enjoy-
ment of local beauties and advantages; not a road, not
even an approach to the town, where a horse and cart
could pass abreast; and the deep roads only four feet six
inches wide, with a footway of two or three feet, from
which nothing but the steep banks on each side can be
seen, appeared solely calculated for drains to the
waters which, running over them, rendered them ever
yet deeper and narrower. Not a vehicle, hardly a horse
kept for hire, no four-wheeled carriage existed of any
kind, and the traveller landed in a town of lofty houses,
confined and miserably-paved streets from which he
could only penetrate into the country by worse roads,
left the island in haste and under the most unfavourable
impressions.
"In 1813, the sea, which had in former times
swallowed up large tracts, threatened, from the
defective state of its banks, to overflow a great extent
of land. The sum required to avert the danger was
estimated at more than £10,000, which the adjoining
parishes subject to this charge were not in a condition
to raise. The state of the finance was not consolatory,
with a debt of £19,137 and an annual charge for
interest of £2,390, the revenue of £3,000 left only
£600 for unforeseen expenses and improvements.
Thus, at the peace, this island round itself with little
or no trade, little or no disposable revenue, no
inducement for the affluent to continue their abode,
and no prospect of employment for the poor."
What a tale of woe. Small wonder that the people were
depressed and any that could were making their way to the
mainland. As often happens in communities when there
are major difficulties, a committee was appointed in 1815
to consider in particular the overcrowded state of the
market, of which it was said that "humanity cries out
against the crush which it is difficult to get out of,
and against the lack of shelter for the people who,
often arriving wet or heated, remained exposed
for whole hours to wind and rain, to the severity
of the cold and the heat of the sun."
The committee examined the situation, and came to the
conclusion that further taxation was impossible. The
alternative was to try and borrow money from the banks.
But this entailed the payment of a high rate of interest,
which they could not afford, particularly in view
of the fact that these interest payments would continue
for years and would eventually mean that, although
the original sum had been repaid in interest charges,
the capital sum would remain as a debt.
Fortunately for the people of Guernsey, they had at that
time among their leaders some honest men of keen
intellect, who put forward the revolutionary suggestion
that the States should take advantage of their ancient
prerogative and produce their own notes to finance
the rebuilding of the market. At first this proposal
was turned down. But later in the same yearthe proposal
to issue State notes was agreed to, for a different
purpose. The finance committee reported that £5,000
was wanted for roads and a monument to the late Governor,
while they had only £1,000 in hand. It was agreed that
the remaining £4,000 should be raised by the issue
of State £1 notes, 1,500 of which should be payable
in April 1817, 1,250 in October the same year,
and 1,250 in April 1818. "In this manner" they said,
"WITHOUT INCREASING THE DEBT OF THE STATES, we can
easily succeed in finishing the works undertaken,
leaving moreover in the coffers sufficient money
for the other needs of the States."
A SUCCESSFUL VENTURE
How wise they were is proved by the event. The success
of this first creation of State money was so great that
it was rapidly followed by others. In June 1819 the question
of the market became ever more acute, and it was agreed
to finance the rebuilding of it, not in the orthodox manner
by raising a loan, but by the State creating the necessary
notes "interest-free".
The following comment made by the finance committee
at a later date shows how successful the venture had
become. It was at the time when a further issue of notes
was made to diminish the interest-bearing debt to the
States. The finance committee declared: "The States could
increase the number of notes in circulation without danger
up to 10 000 in payment of the debt and the committee
recommends this course as most advantageous to the
States' finance, as well as to the public, who, far from
making the slightest difficulty in taking them, look for
them with eagerness."
And so the story went on. On 29th March 1826 a further
issue was authorized to re-build Elizabeth College, which
had been founded in 1563 by Queen Elizabeth, and some
parochial schools. The Bailiff of that time —
Daniel de Lisle Brock — in his address to the States
Assembly expressed his belief that the creation of this
new money was a great benefit to the States, and caused
no inconvenience because of the great care with which
it was issued.
Various other creations of new money took place for
projects of re-building, widening the streets
of St. Peter Port, reconstructing some of its buildings,
making new roads and public works of many kinds.
The experiments continued over a period of 20 years,
by which time the people of Guernsey had developed
from a depressed unhappy state to a position of prosperity
and happiness.
The following brief quotation shows how improved was the
situation as a direct result of the wise and statesmanlike
action of the Island Parliament. Daniel de Lisle Brock,
to whom, it seems, much of the credit must go,
said in 1827:
"To bring about the improvements which are the
admiration of visitors and which contribute so much to
the joy, the health and well-being of the inhabitants,
the States have been obliged to issue notes amounting
to £55,000. If it had been necessary and if it were still
necessary, to pay interest on this sum, it would be so
much taken from the fund earmarked to pay for the
improvements made and to carry out new ones. To talk of joy,
health and well-being is a very different story
from the position in 1815, when it was little or no trade,
little or no disposable revenue, and no prospect
of employment for the poor."
But this happy state of affairs was not to the liking of
everyone, and opposition to the idea of the Island States
creating their own "debt-free" money had been growing
over the years, particularly among the banking interests
on the island. A new bank, called the Commercial Bank,
was founded in 1830. This institution, together with
the old bank, failing to prevent the growing prosperity
of the islanders, began to issue notes at its own
discretion, flooding the island with paper money.
Reference has already been made to the care exercised in
deciding the quantity of money to be issued by the States,
and now Daniel de Lisle Brock sought to restrain
the private banks from this anti-social activity.
There remains on record his spirited speech to the
States meeting held in September 1836 on this subject,
and the following two extracts are of particular interest:
"No one has a right to arrogate to himself the power
of circulating a private coinage on which he imprints for
his own profit an arbitrary value. With these facts before
our eyes we must realise the necessity of limiting
the issue of paper money to the needs and customs,
and the benefit, of the community in general. Permission
cannot be granted to certain individuals to play with
the wealth and prosperity of society."
In spite of all, however, the banks finally won the day.
Despite a careful search of the records, no explanation of
what actually happened can be found — merely an exchange
of letters between representatives of the banks
and the Bailiff of the Island. In this, the former suggested
that the States should cease to make further issue, should
withdraw £1,500 from circulation, and have no more than
£40,000 in circulation. To this proposal the Bailiff agreed.
Having read the account of his fighting speech to the
States, it is difficult to understand what combination of
forces caused him to give way. But at least it can be said
that the inhabitants of the island benefited materially
from the monetary experiment which took place, when the
island Parliament created its own money — 'interest free'
over 150 years ago.
POSTSCRIPT
Although the original experiment came to an abrupt end
in 1836, there was a further development in 1914, just
after the outbreak of the first world war. The demand for
an increase in the supply of money was then so great that
the Royal Court passed an Ordinance making State notes and
those issued by the Banks legal tender. But the Banks were
prohibited from increasing their note issue, and all
additional notes were issued by the States.
There was a great demand for these States notes, and
they first had to be printed locally by two firms
in the island: the Star Company and the Guernsey
Press Company, who were able to provide what proved
to be very serviceable five shilling and ten shilling
notes. These were later replaced by notes printed on
proper bank-note paper with the customary watermark.
The local banks have now been absorbed by the Big Five,
so that there is no other local note issue, other than
that of States notes which circulate alongside the more
familiar Bank of England notes.
Readers who would be interested to follow up the ideas
contained in this pamphlet are recommended
the following publications:
Inflation — is there a cure? by Edward Holloway.
Expansion or Explosion by Antony Vickers.
Economic Tribulation by Vincent Vickers
(one time Director of the Bank of England).
Great Britain & World Trade edited by Edward Holloway.
All the above are obtainable from:
The Economic Reform Club & Institute
2a Queen's Parade,
London N 10
--------------------------------------------------------------------------------
The Magic Isle of Guernsey
By Bill Still www.billstill.com
There is a great deal of confusion about how money should be created and managed today in a sovereign nation and whether anything can fix our current worldwide economic problems. I believe this confusion is deliberately generated by those who stand to profit from the current system – a ‘debt-money’ system that is killing the economy of every nation on earth.
The simple fact is that a nation’s money should be created in the public interest. Unfortunately, that is not the case today in almost every nation on earth. Money creation is given over to private banks through the deception that it is being created in the public interest by national central banks such as the Federal Reserve, Bank of England, Bank de France, Deutsche Bundesbank, etc.
Many believe that the only solution is a return to gold-backed money. I do not agree. I think this is yet another deception and I believe world monetary history proves this incontrovertibly. To me, the main point to remember is that it is not what backs the national money that is important; what is important is who controls the quantity!
Despite the nationalistic-sounding names of these central banks, don’t be deceived; they do not create money in the public interest. Every dollar, every pound, every euro is created as an interest bearing debt – primarily owed to – and the quantity controlled by – the commercial banking community.
The reason solution is two-fold:
Forbid government borrowing- no more national debt.Nations do not have to borrow. Nations can create their own money.
Forbid fractional reserve lending. This is where banks can lend out 10 to 12 times the money they actually have. Banks must go to “full-reserve lending”
In other words, the only way to end this worldwide spiral of depression is for every nation to return to a debt-free money system. Without the money power firmly in it’s control no nation can really be sovereign. In fact, creating money in the public interest is the very definition of sovereignty.
Fortunately, this is not a new or radical idea. It has been used hundreds of times throughout history, but every time it has been employed, it has been attacked mercilessly by the big banking class who lose profits whenever the idea of money creation in the public interest surfaces. So, this is a timeless struggle and nothing less than survival of the human species is at stake, because the debt the current system is generating is the primary cause of the world’s hunger, poverty and misery, and is quickly destroying sovereign democratic governments and returning humanity to a nouveau-serfdom system from which it will soon be unable to escape.
Debt-free money creation has been going on in the tiny island of Guernsey for 200 years. Lets take a look.
Despite the fact that the island of Guernsey has only 30 square miles and a population of only 65,000 people and very little in the way of natural resources except cows; their per capita income is $40,000 per year, 9th highest among the 200 or so countries of the world. What gives? Guernsey has used a money system since 1817 that can serve as a model for the rest of the world to use to escape the ongoing depression of the 21st century.
Despite it’s proximity to France, Guernsey is actually a British Crown Dependency and, to it’s credit, has never joined the European Union. After the Napoleonic Wars,Guernsey was in dire straits. The island’s roads were mere cart tracks, only 54-inches wide. In wet weather they were virtually impassable. There was not a vehicle for hire of any kind on the island. There was no trade, nor much hope of employment among the poor. The sea was washing away large tracts of land due to the sorry state of the dykes.
Guernsey, like most nations at that time (as well as today) had borrowed heavily from the banks. The States Debt was £19,137 with an annual interest charge of £2,390, but the gross national revenue of the entire island was only £3,000, leaving only paltry £610 per annum to run the entire island. In other words, interest paid to banks consumed 80% of the GDP, thus reducing the populace to a state of pitiful serfdom.
In 1815, a committee of well-respected public spirited elders was assembled to finance the building of a public market near the the main harbor, Saint Peter Port, so the farmers could more easily sell their products for export. The cost of the new facility would be £6,000. In addition, fixing the dykes would cost an additional £10,000.
Further taxation of the impoverished island was impossible. Borrowing money from the banks would result in even higher interest charges that could never be paid. The committee made a historic recommendation to remedy this dire situation.
The committee recommends that the expense should be met by the issue of State Notes of £1 sterling to the value of £6,000 and that these notes will be available not only for the payment of the new market, but also for Torteval Church, roads to construct, and other expenses of the States.
The committee argued that there was little to fear from inflation because the local banks already had £50,000 of their money (notes) in circulation. As a further protection against inflation, the overly cautious citizens of Guernsey placed redemption dates on the notes of April 1817, October 1817, and April 1818.In other words these notes were good for payment of taxes and good as regular money in circulation until the expiration date was reached. At that time, the notes would no longer be legal tender and the state would destroy them.
In this manner, without increasing the States’ debt, it will be possible to finish these works, leaving sufficient money in the Exchequer for other needs [2].
Once the good citizens realized that these notes would work without the skies falling on the gentle island, additional issues took place in 1820 and 1821. By 1821, some £10,000 of Guernsey notes were in circulation, all created without debt.
It was the most advantageous method of meeting debts, from the point of view both of the public and the states finances.Indeed, the public seemed to realise this fact, and, far from being averse to taking the notes, they sought them out eagerly [3].
The citizenry clearly understood that these Guernsey Notes were clearly government financing in the public interest. They also realized that if there were to be any inflation as a result, at least it was better than no money at all, and at least they could all shoulder the inflation equally.
In 1824, another £5,000 notes were issued for the markets, and in 1826 £20,000 to erect Elizabeth College and certain other schools.
In the bill d’Etat it was a frequent subject for congratulation; and it was stated over and over again by imminent men of those times that without the issue of States’ notes, important public works, such as roads and buildings could not possibly have been carried out. Yet by means of the States’ issue, not only were these works accomplished, but also the island was not a penny the poorer in interest charges. Indeed, the improvements had stimulated the flow of visitors to the island, and with increased trade, the island enjoyed its newfound properity[4].
In 1826, however, the first signs of opposition by the banking community began. A complaint was lodged with the British Privy Council that Guernsey had no right to issue debt-free notes. However the Guernsey (also known as the ‘States’) Financial committee explained the situation to the satisfaction of all, and the matter was closed.
In the next year, surprise, surprise, a new commercial bank opened, called “Old Bank”. They began printing up private bank notes in such quantity that the island became flooded with money. Soon Guernsey feared that inflation would set in, or worse that their own debt-free money experiment would be blamed for the inflation. So a committee was appointed to confer with the banks. What went on in these meetings remains a mystery to this day; but the result was that £15,000 of Guernsey Notes would be withdrawn from circulation and the government would be limited to issuing a grand total of only £40,000 of their own notes. This agreement remained in force until World War 1.
In the wake of World War 1, the banks came under severe restrictions on how much money they could issue. All bank money was being directed towards the war effort. But Guernsey was under no such restriction, probably because it’s experiment was unique, and perhaps forgotten.
Guernsey made good use of her opportunity. By the end of the war, in 1918, Guernsey had issued £14,000, and 40 years later, that had grown to £542,765. Today, private bank notes no longer exist. British money circulates side by side with State Notes.
Naturally, there is a greater demand for the State Notes; no sane citizen of Guernsey wishes to pay debt charges! To enlarge on this theme: In 1937 the States Note money, about £175,000, cost the States only £450 for printing and handling. A loan of the same dimensions would have about £11,383 annually. So can you blame the Guernsey taxpayers for preferring their own money since, under their sensible and benevolent financial system they pay hardly any income tax [5].
During the entire experiment in Guernsey, from 1817 to date, there has at no time been a threat of inflation from the creation of State Notes. At all times, the States were very careful in the issue and cancellation of notes according to their ability and requirements [6].
Today, Guernsey remains an island of prosperity. As author Ellen Brown puts it:
“Guernsey has an income tax, but that tax is relatively low (a “flat” 20%), and it is simple and loophole free. It no inheritance tax, no capital gains tax, and no federal debt. Commercial banks service private lending, but the government itself never goes into debt. When it wants to create some private work or service, it just issues the money it needs to pay for the work. The Guernsey government has been issuing it’s own money for nearly two centuries. During that time, the money supply has mushroomed to about 25 times its original size; yet the economy has not been troubled by price inflation, and it has remained prosperous and stable.” [8]
Once you understand the Guernsey story, you have to admire the modesty of their website:
“Guernsey’s ability to look after its own fiscal affairs has meant that it has been able to foster a favourable tax climate. This has led to many offshore banks, fund managers and insurance companies establishing here. Whilst the traditional industries of flower growing, fishing and dairy farming still playing an important part, contributing both to the varied economy and to the islands character. Guernsey also has its own stamps and currency, and while the British pounds can be used on the island, Guernsey pounds cannot be used in the UK.”
But the question may arise,what keeps them from printing too much. They watch inflation closely, and the calculations are all completely transparent, run by a committee of citizens, and open for all to see on their website.
That’s all they care about – is this causing inflation? They expand as much as they want as long as it causes no inflation.They don’t care about theory. Born out of desperate need, they found out the secret of money and have gone quietly gone about using it and thereby have a high standard of living and very low taxes.
Fortunately, the Guernsey experiment is not an aberration. It has been tried time and time again, and when the quantity is controlled in the public interest, always with success. The bankers, however inevitably attack these in-the-public-interest, debt-free government issues of money. Debt-free money is in everyone’s interest except bankers’. Typically, they will use their money and influence to create some financial emergency then bribe sufficient politicians to convince them to vote for legislation giving the bankers monopoly on issuing all the nation’s money as a loan, thereby stripping the nation of its ability to issue its own money debt free.
During the depths of depression of the 1930’s, the majority of economists in the US discovered this monetary reform solution. In 1936, Frank D. Graham, professor of economics at Princeton University offered his perspective in the American Economic Review:
“What we need is not control of banking but a government monopoly of the supply of money, with commercial banks left to lend on short-term…out of capital funds, debenture borrowings, and real time deposits. Such a system… is an indispensable prerequisite to regulation of the money supply on which all attempts to bring greater stability into our economic system, through monetary means, must inevitably be based. We are certainly not likely to get stability so long as the supply of money remains even partially in the hands of those who have no responsibility for the total issue and no motive to do other than increase it as far as law, and a merely selfish prudence, will permit.”
There is a way for citizens and their governments to take back the money-creation power of the banks. Yes, bankers are experts with money, but they are experts in maximizing their profits and rarely have much interest in the public interest. Freeing your government from borrowing money from bankers is the first, and most important, step for national freedom an prosperity. It is also THE most important step to limiting governmental overspending. If a government cannot borrow, it MUST live within its means.
Debt-free, government issued money – where the quantity is properly controlled in the public interest – has always worked to promote low taxation and maximize freedom the People.
Grubiak, Olive and Jan; The Guernsey Experiment ( 1960, 1999 reprint, Bloomsfield Books, Sudbury, England ), p.8.
ibid
ibid
ibid, p. 8-9
p.11
ibid, p 11-12
ibid, p.12
Brown, Ellen h., Web of Debt, ( Baton Rouge, Louisiana, Third Millenium Press, 2007), . p. 100-101
Source: kentfreedommovement.com/profiles/blogs/the-magic-isle-of-guernsey-by-bill-still-director-of-the-best-doc
http://www.thereset.org/proposals/bradbury-pound
Reintroduce the Bradbury Pound
By reintroducing the Bradbury Pound the Country can wipe out its debts and reverse the need for public services to be privatised
"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." Henry Ford
“I sincerely believe the banking institutions having the issuing power of money are more dangerous to liberty than standing armies.” President Thomas Jefferson
"I am afraid the ordinary citizen will not like to be told that the banks can and do create money. And they who control the credit of the nation direct the policy of Governments and hold in the hollow of their hand the destiny of the people." Reginald McKenna, Chairman of the Midland Bank
In 2014 the Bank of England officially confirmed that it is commercial banks and not the Bank of England that create the majority of "money" by creating debt loans out of thin air. Some calculate that 97% of money has historically been created by the Banks.
“Most money in the modern economy is in the form of bank deposits, which are created by commercial banks themselves… When a bank makes a loan to one of its customers it simply credits the customer’s account with a higher deposit balance. At that instant, new money is created…” “rather than banks lending out deposits that are placed with them, the act of lending creates deposits — the reverse of the sequence typically described in textbooks.”
In 2008 the Banking Crisis that resulted in the creation of over £500 billion (more than all tax revenue in a year) of tax payer loans, £500 billion that was borrowed in our name and lend to the "Too Big to Fail Banks", was a result of the banks losing confidence in each other's fictional money because they had created so much unreliable debt including to each other. This is the Genesis of austerity which some politicians say will continue for 20 years.
In the 1920's Germany bucked the effects of loosing World War One when barrow loads of money were needed to buy a loaf of bread by the issue of Government Money and introducing this directly into the economy rather than through bank loans. By taking the creation of Money away from the banks the German economy boomed. The USA did a similar thing for a while with the issue of what were called Greenbacks. "The government should create issue and circulate all the currency and credit needed to satisfy the spending power of the government and the buying power of consumers....." President Lincoln 1865. The Times of London responded as follows:
“If that mischievous financial policy, which had its origin in the North American Republic, should become indurated down to a fixture, then that Government will furnish its own money without cost. It will pay off debts and be without a debt. It will have all the money necessary to carry on its commerce. It will become prosperous beyond precedence in the history of the civilised governments of the world." Times of London 1865
“The threat of World War One pushed British banks into crisis; exacerbated further as half the world's trade was financed by British banks and as a consequence international payments dried up."
In 1914 the British Government issued the Bradbury Pound. "This new currency had been issued by the State, was backed by the credit of the State, and was issued to the banks to prevent the banks from utter collapse. The public cheerfully accepted the new notes; and nobody talked about inflation." But the Government was persuaded by the banks to abolish the Bradbury Pound and finance the war through Bank Debt at interest. Government debt before the war was £650 million, by the end of the 1930s depression government debt was £21 billion, there was never any need for this debt.
Current Central Government Debt stands at £1.4 to £1.5 trillion (Excluding local Government & NHS & other Debts) but by reintroducing the Bradbury Pound the country can wipe out its debts and reverse the need for public services to be privatised.
AND THE BRITISH ECONOMY WILL NOT BE CAPTIVE TO THE BANKS, AND COUPLED WITH THE RE-SET TEAL PROPOSAL THE ECONOMY WILL BOOM AND BE STABLE!
No more austerity!
Lincoln’s Monetary Breakthrough
The bankers had Lincoln’s government over a barrel, just as Wall Street has Congress in its vice-like grip today. The North needed money to fund a war, and the bankers were willing to lend it only under circumstances that amounted to extortion, involving staggering interest rates of 24 to 36 percent. Lincoln saw that this would bankrupt the North and asked a trusted colleague to research the matter and find a solution. In what may be the best piece of advice ever given to a sitting President, Colonel Dick Taylor of Illinois reported back that the Union had the power under the Constitution to solve its financing problem by printing its money as a sovereign government. Taylor said:
“Just get Congress to pass a bill authorizing the printing of full legal tender treasury notes . . . and pay your soldiers with them and go ahead and win your war with them also. If you make them full legal tender . . . they will have the full sanction of the government and be just as good as any money; as Congress is given that express right by the Constitution.”
The Greenbacks actually were just as good as the bankers’ banknotes. Both were created on a printing press, but the banknotes had the veneer of legitimacy because they were “backed” by gold. The catch was that this backing was based on “fractional reserves,” meaning the bankers held only a small fraction of the gold necessary to support all the loans represented by their banknotes. The “fractional reserve” ruse is still used today to create the impression that bankers are lending something other than mere debt created with accounting entries on their books.1
Lincoln took Col. Taylor’s advice and funded the war by printing paper notes backed by the credit of the government. These legal-tender U.S. Notes or “Greenbacks” represented receipts for labor and goods delivered to the United States. They were paid to soldiers and suppliers and were tradeable for goods and services of a value equivalent to their service to the community. The Greenbacks aided the Union not only in winning the war but in funding a period of unprecedented economic expansion. Lincoln’s government created the greatest industrial giant the world had yet seen. The steel industry was launched, a continental railroad system was created, a new era of farm machinery and cheap tools was promoted, free higher education was established, government support was provided to all branches of science, the Bureau of Mines was organized, and labor productivity was increased by 50 to 75 percent. The Greenback was not the only currency used to fund these achievements; but they could not have been accomplished without it, and they could not have been accomplished on money borrowed at the usurious rates the bankers were attempting to extort from the North.
Lincoln succeeded in restoring the government’s power to issue the national currency, but his revolutionary monetary policy was opposed by powerful forces. The threat to established interests was captured in an editorial of unknown authorship, said to have been published in The London Times in 1865:
“If that mischievous financial policy which had its origin in the North American Republic during the late war in that country, should become indurated down to a fixture, then that Government will furnish its own money without cost. It will pay off its debts and be without debt. It will become prosperous beyond precedent in the history of the civilized governments of the world. The brains and wealth of all countries will go to North America. That government must be destroyed or it will destroy every monarchy on the globe.”
Lincoln was assassinated in 1865. According to historian W. Cleon Skousen:
“Right after the Civil War there was considerable talk about reviving Lincoln’s brief experiment with the Constitutional monetary system. Had not the European money-trust intervened, it would have no doubt become an established institution.”
The institution that became established instead was the Federal Reserve, a privately-owned central bank given the power in 1913 to print Federal Reserve Notes (or dollar bills) and lend them to the government. The government was submerged in a debt that has grown exponentially since, until it is now an unrepayable $11 trillion. For nearly a century, Lincoln’s statue at the Lincoln Memorial has gazed out pensively across the reflecting pool toward the Federal Reserve building, as if pondering what the bankers had wrought since his death and how to remedy it.
Building on a Successful Tradition
Lincoln did not invent government-issued paper money. Rather, he restored a brilliant innovation of the American colonists. According to Benjamin Franklin, it was the colonists’ home-grown paper “scrip” that was responsible for the remarkable abundance in the colonies at a time when England was suffering from the ravages of the Industrial Revolution. Like with Lincoln’s Greenbacks, this prosperity posed a threat to the control of the British Crown and the emerging network of private British banks, prompting the King to ban the colonists’ paper money and require the payment of taxes in gold. According to Franklin and several other historians of the period, it was these onerous demands by the Crown, and the corresponding collapse of the colonists’ paper money supply, that actually sparked the Revolutionary War.2
The colonists won the war but ultimately lost the money power to a private banking cartel, one that issued another form of paper money called “banknotes.” Today the bankers’ debt-based money has come to dominate most of the economies of the world; but there are a number of historical examples of the successful funding of economic development in other countries simply with government-issued credit. In Australia and New Zealand in the 1930s, the Depression conditions suffered elsewhere were avoided by drawing on a national credit card issued by publicly-owned central banks. The governments of the island states of Guernsey and Jersey created thriving economies that carried no federal debt, just by issuing their own debt-free public currencies. China has also funded impressive internal development through a system of state-owned banks.
Here in the United States, the state of North Dakota has a wholly state-owned bank that creates credit on its books just as private banks do. This credit is used to serve the needs of the community, and the interest on loans is returned to the government. Not coincidentally, North Dakota has a $1.2 billion budget surplus at a time when 46 of 50 states are insolvent, an impressive achievement for a state of isolated farmers battling challenging weather.3 The North Dakota prototype could be copied not only in every U.S. state but at the federal level.
The Perennial Inflation Question
The objection invariably raised to government-issued currency or credit is that it would create dangerous hyperinflation. However, in none of these models has that proven to be true. Price inflation results either when the supply of money goes up but the supply of goods doesn’t, or when speculators devalue currencies by massive short selling, as in those cases of Latin American hyperinflation when printing-press money was used to pay off foreign debt. When new money is used to produce new goods and services, price inflation does not result because supply and demand rise together. Prices did increase during the American Civil War, but this was attributed to the scarcity of goods common in wartime rather than to the Greenback itself. War produces weapons rather than consumer goods.
Today, with trillions of dollars being committed for bailouts and stimulus plans, another objection to Lincoln’s solution is likely to be, “The U.S. government is already printing its own money – and lots of it.” This, however, is a misconception. What the government prints are bonds – its I.O.U.s or debt. If the governmentdid print dollars, instead of borrowing them from a privately-owned central bank that prints them, Uncle Sam would not have an eleven trillion dollar millstone hanging around his neck. As Thomas Edison astutely observed:
“If our nation can issue a dollar bond, it can issue a dollar bill. The element that makes the bond good, makes the bill good, also. The difference between the bond and the bill is that the bond lets money brokers collect twice the amount of the bond and an additional 20%, whereas the currency pays nobody but those who contribute directly in some useful way.
It is absurd to say that our country can issue $30 million in bonds and not $30 million in currency. Both are promises to pay, but one promise fattens the usurers and the other helps the people.”
A Wake-up Call
Henry Ford observed at about the same time:
“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”
Today we the people are starting to understand our banking and monetary system, and we are shocked, dismayed, and furious at what we are discovering. The wizard behind the curtain turns out to be a small group of men pulling levers and dials, creating an illusory money scheme that, behind all the talk and bravado, is mere smoke and mirrors. These levers are controlled by a privately-owned, unaccountable central bank called the Federal Reserve, which has recently dispensed billions if not trillions in funds to its banker cronies, without revealing where these monies are going even under Congressional inquiry or in response to Freedom of Information Act (FOIA) requests. As Chris Powell pointed out recently in conjunction with an FOIA request brought by Bloomberg News, which the Fed declined to comply with:
“Any government that can disburse $2 trillion secretly, without any accountability, is not a democratic government. It is government of, by, and, for the bankers.”4
There was a time when private central bankers were the heavyweights in control, able to run their ultra-secret agenda with impunity; but that era is coming to an end. The bankers are scrambling, trying to patch up their crumbling creations with schemes, bailouts and sleight of hand. That effort, however, must ultimately prove futile. As investment adviser Rolfe Winkler said in a recent article:
“The great Ponzi scheme that is the Western World’s economy has grown so big there’s simply no ‘fixing’ it. Flushing more debt through the system would be like giving Madoff a few billion to tide him over. Or like adding another floor to the Tower of Babel. To what end? The collapse is already here. The question is: How much do we want it to hurt? Using the public’s purse to finance ‘confidence’ in a system that is already kaput may delay the Day of Reckoning, sure, but at the cost of multiplying our losses. Perhaps fantastically.”5
The bankers are on the run, feverishly trying to use the collapse of the current system to steer us toward an “Amero”-style North American currency, or a one-world private banking system and privately-issued global currency that they and only they control. We the people will not accept those solutions, however, no matter how bad things get. We demand real solutions that empower us, not further enslave us.
http://www.michaeljournal.org/lincolnkennedy.htm
Abraham Lincoln and John F. Kennedy
Two great presidents of the United StatesAssassinated for the cause of justice
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by Melvin Sickler
November 22, 2003 marks the 40th anniversary of the assassination of U.S. President John F. Kennedy, and a majority of Americans still believe that there was a conspiracy behind this assassination. Both Abraham Lincoln and Kennedy were assassinated while they held the high office of President of the United States. Both of these former presidents had also created their own money system to run the United States while they were in office. Is this just a coincidence?
Why assassinate a President? Why must everything be kept so covered up? What are they trying to hide from the American people? The facts will speak for themselves.
Abraham Lincoln
During the Civil War (1861-1865), President Lincoln needed money to finance the War from the North. The Bankers were going to charge him 24% to 36% interest. Lincoln was horrified and went away greatly distressed, for he was a man of principle and would not think of plunging his beloved country into a debt that the country would find impossible to pay back.
Eventually President Lincoln was advised to get Congress to pass a law authorizing the printing of full legal tender Treasury notes to pay for the War effort. Lincoln recognized the great benefits of this issue. At one point he wrote:
“... (we) gave the people of this Republic the greatest blessing they have ever had – their own paper money to pay their own debts...”
The Treasury notes were printed with green ink on the back, so the people called them “Greenbacks”.
Lincoln printed 400 million dollars worth of Greenbacks (the exact amount being $449,338,902), money that he delegated to be created, a debt-free and interest-free money to finance the War. It served as legal tender for all debts, public and private. He printed it, paid it to the soldiers, to the U.S. Civil Service employees, and bought supplies for war.
Shortly after that happened, “The London Times” printed the following: “If that mischievous financial policy, which had its origin in the North American Republic, should become indurated down to a fixture, then that Government will furnish its own money without cost. It will pay off debts and be without a debt. It will have all the money necessary to carry on its commerce. It will become prosperous beyond precedent in the history of the civilized governments of the world. The brains and the wealth of all countries will go to North America. That government must be destroyed, or it will destroy every monarchy on the globe.”
The Bankers obviously understood. The only thing, I repeat, the only thing that is a threat to their power is sovereign governments printing interest-free and debt-free paper money. They know it would break the power of the international Bankers.
In retaliation
After this was published in "The London Times", the British Government, which was controlled by the London and other European Bankers, moved to support the Confederate South, hoping to defeat Lincoln and the Union, and destroy this government which they said had to be destroyed.
They were stopped by two things. First, Lincoln knew the British people, and he knew that Britain would not support slavery, so he issued the Emancipation Proclamation, which declared that slavery in the United States was abolished. At this point, the London Bankers could not openly support the Confederacy because the British people simply would not stand for their country supporting slavery.
Second, the Czar of Russia sent a portion of the Russian navy to the United States with orders that its admiral would operate under the command of Abraham Lincoln. These ships of the Russian navy then became a threat to the ships of the British navy which had intended to break the blockade and help the South.
The North won the War, and the Union was preserved. America remained as one nation.
Of course, the Bankers were not going to give in that easy, for they were determined to put an end to Lincoln's interest-free, debt-free Greenbacks. He was assassinated by an agent of the Bankers shortly after the War ended.
Thereafter, Congress revoked the Greenback Law and enacted, in its place, the National Banking Act. The national banks were to be privately owned and the national bank notes they issued were to be interest bearing. The Act also provided that the Greenbacks should be retired from circulation as soon as they came back to the Treasury in payment of taxes.
In 1972, the United States Treasury Department was asked to compute the amount of interest that would have been paid if that 400 million dollars would have been borrowed at interest instead of being issued by Abraham Lincoln. They did some computations, and a few weeks later, the United States Treasury Department said the United States Government saved 4 billion dollars in interest because Lincoln had created his own money. So you can about imagine how much the Government has paid and how much we owe solely on the basis of interest.
The Federal Reserve Act
There were changes in the money and banking laws for the next fifty years. Finally, in 1913, the Bankers were able to get their Federal Reserve Act passed through Congress which replaced the National Banking Act that had earlier replaced the Greenback Law. If the Government would have continued the policy of Abraham Lincoln, the warnings given in “The London Times” would have come to pass. America would be a debt-free nation, the most prosperous in the world. And the brains and the wealth of the world would have come to America.
But with this Federal Reserve Act being passed, Congress gave up Its power to create its own money that it was given in the United States Constitution, and gave this power over to private Bankers who called themselves the Federal Reserve. The Bankers had achieved their ultimate goal, for now the United States operated under a central bank that was privately owned. They now had the power to run the country by controlling the creation of the money, and were free to charge the interest they so desired.
As Mayer Anselm Rothschild once said: “Permit me to issue and control the money of a nation, and I care not who makes its laws...”
John F. Kennedy
No United States president since Abraham Lincoln dared to go against the system and create his own money, as many of these so-called elected presidents were actually only instruments or puppets of the Bankers. That is until President John F. Kennedy came into office.
President Kennedy was not afraid to “buck the system”, for he understood how the Federal Reserve System was being used to destroy the United States. As a just and honorable man, he could not tolerate such a system, for it smelled corruption from A to Z. Certainly he must have known about the Greenbacks which Abraham Lincoln created when he was in office.
On June 4th, 1963, President Kennedy signed a presidential document, called Executive Order 11110, which further amended Executive Order 10289 of September 19th, 1951. This gave Kennedy, as President of the United States, legal clearance to create his own money to run the country, money that would belong to the people, an Interest and debt-free money. He had printed United States Notes, completely ignoring the Federal Reserve Notes from the private banks of the Federal Reserve.
Our records show that Kennedy issued $4,292,893,825 of cash money. It was perfectly obvious that Kennedy was out to undermine the Federal Reserve System of the United States.
But it was only a few months later, In November of 1963, that the world received the shocking news of President Kennedy's assassination. No reason was given, of course, for anyone wanting to commit such an atrocious crime. But for those who knew anything about money and banking, it did — not take long to put the pieces of the puzzle together. For surely, President Kennedy must have had It in mind to repeal the Federal Reserve Act of 1913, and return back to the United States Congress the power to create its own money.
It is interesting to note that, only one day after Kennedy's assassination, all the United States notes, which Kennedy had issued, were called out of circulation. Was this through an executive order of the newly installed president, Lyndon B. Johnson? Was President Johnson afraid of the Bankers? Or was he one of their instruments? At any rate, all of the money President Kennedy had created was destroyed. And not a word was said to the American people.
A lesson to learn
There is much that can be learned from our past history. Here we are in 2003, and the United States is still operating under the Federal Reserve System. It has already plunged this country over six trillion dollars into debt – Federal debt, (the total debt, including that of individuals and corporations, is over 20 trillion) a debt it will never be able to pay, and has been responsible for every kind corruption imaginable. Yet, barely a peep of protest can be heard from the American people.
All the Bankers have to do to keep their power is to get rid of the few politicians who are honestly working for a reform in our economic system, and the people at large remain ignorant and controlled. It is obvious the American people need to be awakened to the truth.
The population at large must be educated on the Federal Reserve, and then unite together to put pressure on the Government to get the Federal Reserve Act of 1913 repealed. Otherwise, it will spell disaster for the United States.
There can be no peace without justice, and there can be no justice without a reform in our economic system, for the financiers are behind all the corruption in our Government.
Abraham Lincoln and John F. Kennedy both had the courage to stand up for principles and to fight for justice. They have both gone down in history as being true patriots of the United States. But do we, as citizens, have the courage to follow their example?
Melvin Sickler
This article was published in the Oct.-Nov.-December, 2003 issue of “Michael”.
http://theeconomiccollapseblog.com/archives/debt-free-united-states-notes-were-once-issued-under-jfk-and-the-u-s-government-still-has-the-power-to-issue-debt-free-money
Debt-Free United States Notes Were Once Issued Under JFK And The U.S. Government Still Has The Power To Issue Debt-Free Money
By Michael Snyder, on December 19th, 2011
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http://theeconomiccollapseblog.com/archives/debt-free-united-states-notes-were-once-issued-under-jfk-and-the-u-s-government-still-has-the-power-to-issue-debt-free-money/united-states-note-jfk-1963Most Americans have no idea that the U.S. government once issued debt-free money directly into circulation. America once thrived under a debt-free monetary system, and we can do it again. The truth is that the United States is a sovereign nation and it does not need to borrow money from anyone. Back in the days of JFK, Federal Reserve Notes were not the only currency in circulation. Under JFK (at at various other times), a limited number of debt-free United States Notes were issued by the U.S. Treasury and spent by the U.S. government without any new debt being created. In fact, each bill said “United States Note” right at the top. Unfortunately, United States Notes are not being issued today. If you stop right now and pull a dollar out of your wallet, what does it say right at the top? It says “Federal Reserve Note”. Normally, the way our current system works is that whenever more Federal Reserve Notes are created more debt is also created. This debt-based monetary system is systematically destroying the wealth of this nation. But it does not have to be this way. The truth is that the U.S. government still has the power under the U.S. Constitution to issue debt-free money, and we need to educate the American people about this.
Posted below are pictures of the front and the back of a United States Note printed in 1963 while JFK was president….
http://theeconomiccollapseblog.com/archives/debt-free-united-states-notes-were-once-issued-under-jfk-and-the-u-s-government-still-has-the-power-to-issue-debt-free-money/united-states-note-jfk-1963
http://theeconomiccollapseblog.com/archives/debt-free-united-states-notes-were-once-issued-under-jfk-and-the-u-s-government-still-has-the-power-to-issue-debt-free-money/united-states-note-jfk-1963-back
Notice that there is a red seal instead of a green seal on the front, and it says “United States Note” rather than “Federal Reserve Note”.
According to Wikipedia, United States Notes were issued directly into circulation by the U.S. Treasury and they were first used during the Civil War….
They were originally issued directly into circulation by the U.S. Treasury to pay expenses incurred by the Union during the American Civil War. Over the next century, the legislation governing these notes was modified many times and numerous versions have been issued by the Treasury.
So why are we using debt-based Federal Reserve Notes today instead of debt-free United States Notes?
It seems rather stupid, doesn’t it?
Well, that is what Thomas Edison thought too.
Thomas Edison was once quoted in the New York Times as saying the following….
That is to say, under the old way any time we wish to add to the national wealth we are compelled to add to the national debt.
Now, that is what Henry Ford wants to prevent. He thinks it is stupid, and so do I, that for the loan of $30,000,000 of their own money the people of the United States should be compelled to pay $66,000,000 — that is what it amounts to, with interest. People who will not turn a shovelful of dirt nor contribute a pound of material will collect more money from the United States than will the people who supply the material and do the work. That is the terrible thing about interest. In all our great bond issues the interest is always greater than the principal. All of the great public works cost more than twice the actual cost, on that account. Under the present system of doing business we simply add 120 to 150 per cent, to the stated cost.
But here is the point: If our nation can issue a dollar bond, it can issue a dollar bill. The element that makes the bond good makes the bill good.
Our current debt-based monetary system was devised by greedy bankers that wanted to make huge profits by creating money out of thin air and lending it to the U.S. government at interest.
Sadly, the vast majority of the American people have no idea how money is actually created in this nation.
In a previous article about money and debt, I explained how more government debt is created whenever the U.S. government puts more money into circulation….
When the government wants more money, the U.S. government swaps U.S. Treasury bonds for “Federal Reserve notes”, thus creating more government debt. Usually the money isn’t even printed up – most of the time it is just electronically credited to the government. The Federal Reserve creates these “Federal Reserve notes” out of thin air. These Federal Reserve notes are backed by nothing and have no intrinsic value of their own.
When each new Federal Reserve Note is created, the interest owed by the federal government on that new Federal Reserve Note is not also created at the same time.
So the amount of government debt that is created actually exceeds the amount of money that is created.
Isn’t that a stupid system?
The U.S. Constitution says that the federal government is the one that should actually be issuing our money.
In particular, according to Article I, Section 8 of the U.S. Constitution, it is the U.S. Congress that has been given the responsibility to “coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures”.
So why is a private central banking cartel issuing our money?
As is the case with so many other issues, we desperately need to get back to the way the U.S. Constitution says that we should be doing things.
The debt-based Federal Reserve system is literally stealing the future from our children and our grandchildren.
Back in 1910, a couple years prior to the passage of the Federal Reserve Act, the national debt was only about $2.6 billion.
A little over 100 years later, our national debt is now more than 5000 timeslarger.
So why don’t we just admit that this system simply does not work?
Our current debt-based monetary system also requires very high personal income taxes to pay for it.
In fact, it is no accident that the personal income tax was introduced at about the same time that the Federal Reserve system originally came into existence.
Our children, our grandchildren and many generations after that are facing a lifetime of debt slavery because of us.
As I have written about previously, if the federal government began right at this moment to repay the U.S. national debt at a rate of one dollar per second, it would take over 440,000 years to pay off the national debt.
Neither the Republicans or the Democrats are proposing any solutions to this problem. Rather, both parties are only trying to slow down the rate at which we are going into even more debt.
But the truth is that the federal government does not have to go into a single penny of additional debt.
How could this be?
It is not too complicated.
If Congress took back the power over our currency and started issuing debt-free money a lot of our problems could be fixed.
A basic plan would look something like this….
#1) The U.S. Congress votes to take back all of the functions that it has delegated to the Federal Reserve and begins to issue debt-free United States Notes. These United States Notes would have the exact same value as existing Federal Reserve Notes, and over time all existing Federal Reserve Notes would be taken out of circulation.
#2) The U.S. Congress nationalizes all debt held by the Federal Reserve. That would instantly reduce the national debt by 1.6 trillion dollars. In fact, there are a few members of Congress that have already proposed this.
#3) A Constitutional amendment is passed limiting future U.S. government deficits to a reasonable percentage of GDP. Any future deficits would not be funded by borrowing. Rather, future deficits would be funded by newly created United States Notes. Therefore, the federal government would never again accumulate another penny of debt.
And it would be important to inject new money into the economy from time to time. When existing money is destroyed or when the population grows it is important to inject a certain amount of new money into the system in order to avoid deflation.
#4) The existing national debt would be very slowly paid off with newly created United States Notes. The U.S. government spent over 454 billion dollars on interest on the national debt during fiscal year 2011, and over time this expense would go to zero.
If the national debt is paid off slowly enough, it would not create too much inflation. I believe that it could be paid off gradually over 50 years without shocking the economy too much.
There are some that would object to any measure that would ever cause a small amount of inflation, but my contention is that we have created a $15 trillion dollar debt mess for future generations, and it would be absolutely criminal to pass that legacy on to them.
We created this mess, and it is our responsibility to clean it up.
While there is certainly a danger that we would have a limited amount of inflation under a debt-free monetary system such as the one described above, the reality is that we are absolutely guaranteed inflation under the Federal Reserve system.
Most Americans believe that inflation is a fact of life, but the sad truth is that the United States has only had a major, ongoing problem with inflation since the Federal Reserve was created back in 1913.
If you do not believe this, just check out this chart.
Sadly, the U.S. dollar has lost well over 95 percent of its value since the Federal Reserve was created.
So, yes, there would be a need for strict monetary discipline under a debt-free monetary system, but it would be hard to do worse than the Federal Reserve has already been doing.
And Congress could always slow down inflation using other methods. For example, raising the reserve requirements for banks (which should be done anyway) would help keep inflation in check.
If the above proposals were adopted, the end result would be something that we could all live with. The Federal Reserve system would be abolished, the national debt burden on future generations would be wiped out, the economy would not have to go through a devastating economic collapse that could last a decade or longer, and we could eventually make a fairly smooth transition to “hard money” if we wanted to after the national debt is gone.
Is there any other proposal out there that does all of those things?
There are many out there that would dispute some of the points above, and debate is good. By engaging in debate, we can hopefully help educate the American people about the nature of money.
The key is to get rid of our current debt-based Federal Reserve Notes and replace them with debt-free United States Notes.
The American people need to understand that it is a lie that the U.S. government “must” borrow money from somebody else.
When the U.S. government borrows money, it slowly transfers wealth from the American people to those that lent it.
At this point, we have created a financial nightmare for future generations that is unlike anything the world has ever seen before. We owe it to future generations to eliminate the debt problem without destroying the United States economy. Adopting debt-free money would allow us to do that.
But sadly, neither political party is even talking about debt-free money. In fact, most of the politicians in both political parties probably do not even know what debt-free money is.
So we need to get the American people educated about these things. Because if we stay on the course that we are currently on, an economic collapse is inevitable.
http://beforeitsnews.com/alternative/2015/07/states-ditching-dollar-for-jfk-super-currency-thats-the-stuff-the-banksters-killed-him-over-picture-video-3180974.html
States Ditching Dollar For JFK Super Currency–That’s The Stuff The Banksters Killed Him Over (Picture, Video)
Monday, July 6, 2015 16:26
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JFK got killed over money. Look at the history of JFKs super currency. Now some states are adpting supercurrency; who will die next?? Is the ongoing deaths of bankers connected to this??
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The War on Silver, JFK and the Silver Certificate Conspiracy, Key Silver Events, JP Morgan Accumulating the Biggest Stockpile of Physical Silver Ever? The Gold Silver Ratio is Changing, What Will Happen to You When the Dollar Collapses? Largest Bank in America Joins War on Cash
The Holy Spirit Investment club is presented by InvestingwithInsight.com
at 10 AM, Saturdays, at the Morningstar Conference Center in Fort Mill, SC youtube.com
The War on Silver, JFK and the Silver Certificate Conspiracy, Key Silver Events, JP Morgan Accumulating the Biggest Stockpile of Physical Silver Ever? The Gold Silver Ratio is Changing, What Will Happen to You When the Dollar Collapses? Largest Bank in America Joins War on Cash
The Holy Spirit Investment club is presented by InvestingwithInsight.com at 10 AM, Saturdays, at the Morningstar Conference Center in Fort Mill, SC SOURCE
http://www.veteranstoday.com/2011/06/26/was-world-war-ii-fought-to-make-the-world-safe-for-usury/
https://www.youtube.com/watch?v=xrk2SPrMcmM
Edison's Revenge on the Dollar https://www.youtube.com/watch?v=xrk2SPrMcmM Check out the information below. 7:27 to 12:52 But bitcoin has been slowly being high jacked by the financial oligarchial central bankers which is why it is necessary to implement the ORIGINAL Edison's debt-free/interest-free decentralized Edison dollars controlled and owned by a series of decentralized State owned and controlled State Owned and Administered-Managed Banks like the Bank of North Dakota. This time decentralized State-owned banks which are transparent and accountable to the American Public, not the centralized Federal Reserve which is not transparent and accountable to the American Public, will be in charge. And theORIGIANL and real and tangible PHYSICAL COMMODITIES-BACKED DOLLARS MINTING-ISSUANCE SYSTEM accompanied with a PRODUCTION INVESTMENT DIRECTIVES AND PROTECTED BY A REGULATED FAIR TRADE TARIFFS SYSTEM must take dominance.
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https://www.youtube.com/user/darthvader5300
darthvader5300 1 year agoEach state must now create it's own State Owned and Controlled Bank and has the sole state government public monopoly in minting and issuing state monetary script based on the original colonial money scrip of Benjamin Franklin and using Edison's low tech approach of basing the new government monetary script on commodities-backed Edison state dollars and protected against counterfeiting and all forms of financial sabotage from within and from without.
All wars are Banksters wars created and initiated by the Zionist-Jewish Banksters-Trokas of the Zionist-Jewish Federal Reserve, by the Zionist-Jewish Banksters of Wall Street, by the old and new Global Zionist-Jewish Central Banksters Cabals, Cartelists, Monopolists, Oligopolists, Plutocrats, and by the Jewish-Zionist controlled-brainwashed-owned Zionist British Royal Family and by all of Europe's Royal Families who are unknowingly (with some having suspicion) and knowingly allowed themselves to become accomplices of the Global Jewish-Zionist Banksters-Trokas of America and Europe with their puppets in Asia. All of these evil nefarious illegal and criminal economic activities and functions were done by the World Jewish Congress through their front organizations and institutions inside and outside of governments throughout the whole world.
BECAUSE ALL OF THIS JEWISH-ZIONIST ILLEGAL AND CRIMINAL ACTIVITIES AND FUNCTIONS ARE AGAINST THE LAWS OF THE UNITED STATES CONSTITUTIONS' LAWS THAT OUTLAWS AND CRIMINALIZES ALL OF THEIR EXISTENCE AND FUNCTIONS WHICH ARE AGAINST THE SOVEREIGN RIGHTS AND FREEDOMS OF FREE NATION-STATES REPUBLICS TO HAVE THE FREEDOMS AND RIGHTS TO INDEPENDENTLY TO DETERMINE THEIR OWN INDEPENDENT SOVEREIGN DESTINY ON HOW THEY WANT TO DETERMINE THEIR INDEPENDENT ECONOMIC DEVELOPMENT TO BECOME POLITICALLY-ECONOMICALLY FREE AND POLITICALLY-ECONOMICALLY INDEPENDENT.
Mullins' NEW HISTORY of the JEWS
By Eustace Mullins
In all of recorded history, there was only one civilization which the Jews could not destroy. Because of this, they have given it the silent treatment. Few American college graduates with a Ph.D. degree could tell you what the Byzantine Empire was.
It was the Empire of East Rome, set up by Roman leaders after the Jews had destroyed Rome. This empire functioned in Constantinople for twelve hundred years, the longest duration of any empire in the history of the world.
Throughout the history of Byzantium, as it was known, by imperial edict, no Jew was allowed to hold any post in the Empire, nor was he allowed to educate the young. The Byzantine Empire finally fell to the Turks after twelve centuries of prosperity, and the Jews have attempted to wipe out all traces of its history.
Yet its edicts against the Jews were not cruel; in fact, the Jews lived unmolested and prosperously in the empire throughout its history, but here alone the vicious cycle of host and parasite did not take place.
It was a Christian civilization, and the Jews were not able to exercise any influence. Nor did the Orthodox priests bewilder their congregations with any vicious lies about Christ being a Jew.
No wonder the Jews want to eradicate the memory of such a culture.
It was Ezra Pound who launched upon a study of Byzantine civilization, and who reminded the world of this happily non-Jewish land.
From the Byzantines, Pound derived his no-violent formula for controlling the Jews.
"The answer to the Jewish problem is simple," he said.
"Keep them out of banking, out of education, out of government."
And this is how simple it is.
There is no need to kill the Jews. In fact, every pogrom in history has played into their hands, and has in many instances been cleverly instigated by them.
Get the Jews out of banking and they cannot control the economic life of the community.
Get the Jews out of education and they can not pervert the minds of the young to their subversive doctrines.
Get the Jews out of government and they cannot betray the nation.
Hitler's Monetary System
7-14-7 "We were not foolish enough to try to make a currency coverage of gold of which we had none, but for every mark that was issued we required the equivalent of a mark's worth of work done or goods produced. . . .we laugh at the time our national financiers held the view that the value of a currency is regulated by the gold and securities lying in the vaults of a state bank." -Adolf Hitler, 1937 (CC Veith, Citadels of Chaos, Meador, 1949.) "And it proved sound. It worked. In less than ten years Germany became easily the most powerful state in Europe. It worked so magically and magnificently that it sounded the death knell of the entire (Zionist) Jewish money system. World Jewry knew that they had to destroy Hitler's system, by whatever means might prove necessary, or their own [system of usury] would necessarily die. And if it died, with it must die their dream and their hope of making themselves masters of the world. The primary issue over which World War II was fought was to determine which money system was to survive. At bottom it was not a war between Germany and the so-called allies. Primarily it was war to the death between Germany and the International Money Power." --William Gayley Simpson, 'Which Way Western Man' (p.642)
Hitler Didn't Want World War
Illuminati Created and Manipulated Hitler
By Henry Makow, PhD
3-21-4
Hitler didn't want a world war, and had no stomach for fighting England, according to Pulitzer Prize winning journalist Louis Kilzer, author of "Churchill's Deception" (Simon & Schuster, 1994). Hitler believed the future of Western civilization depended on the cooperation of Germany and her Aryan cousins: England and the United States. His territorial demands were limited to conquering Communist Russia, which he regarded as a proxy for Jewish world ambitions. He was determined to avoid fighting a war on two fronts. The "miracle at Dunkirk" was in fact an extraordinary peace overture to England. We don't normally associate Hitler with such magnanimity.In May 1940, the British were on the verge of defeat. The English army was trapped at Dunkirk. Rather than take them prisoner, Hitler halted his generals for three days allowing 330,000 men to escape. "The blood of every single Englishman is too valuable to shed," Hitler said. "Our two people belong together racially and traditionally. That is and always has been my aim, even if our generals can't grasp it." (Kilzer, p.213) This is not an attempt to exonerate Hitler. His ideology of Aryan racial supremacy and his treatment of "inferior races" are abhorrent to me. My own grandparents were murdered by the Nazis. I believe people can take pride in their race or nationality without seeking to dominate others. Nonetheless we should understand that our view of Hitler is influenced by propaganda. The Allies were also guilty of atrocities and war crimes. Furthermore Hitler was created, manipulated and destroyed by the same Illuminist clique that runs the world today. "CHURCHILL'S DECEPTION" According to Kilzer's well-documented book, Hitler was trying to convince the English to make peace. In exchange, he was ready to retreat from Western Europe and from much of Poland. Kilzer describes how British Intelligence (an arm of the Illuminati) took advantage of Hitler's racist ideology to divert his energies against Russia and trap him in a two-front war. They convinced him that a large pro Nazi (anti Communist) "Peace Party" was prepared to unseat the "war monger" Churchill.This party consisted of the Duke of Windsor (the former King Edward VIII) and appeasement-minded elitists known as the "Cliveden Set." The Nazis had longstanding social ties with this group and confided in them. Hitler seemed to overlook the fact that Windsor went to stay at the Rothschild castle in Austria after he abdicated.Rudolph Hess, the Deputy Leader of Nazi Germany, was in contact with the Cliveden group and flew to England May 10, 1941 to negotiate peace. According to Kilzer, Hess had Hitler's complete blessings. Coincidentally this was the worst night of the Blitz. Afterward, there was a long lull in both Nazi and British bombing raids. It appears the Nazis thought they had an understanding with the British and turned their attention to the invasion of Russia the following month (June 22, 1941.)Hitler didn't understand that the Anglo American elite was (and still is) intimately connected with international (i.e. Rothschild) finance. Anglo American imperialism is in fact a front for the families that own the Bank of England and the Federal Reserve. These Jewish and non-Jewish families are connected by money, marriage and Lucifer worship (i.e. Freemasonry). Both Roosevelt and Churchill were their flunkies. (All our "leaders" are.) In 1776 Meyer Rothschild financed the Illuminati, a Masonic secret society that in turn spawned the major revolutions of the modern era including the Bolshevik Revolution in 1917. The ultimate aim is to establish the banker world dictatorship, which is at an advanced stage today. In the 1930's their purpose was to incite a two-front war that would leave the great nation states (England, Germany and Russia) prostrate. Like all wars, the purpose was to kill millions of people, traumatize humanity, increase public debt and private profit, and make "world government" (the future UN) seem essential for "peace." The 1930's British Policy of Appeasement was probably designed to encourage Hitler's expansionist tendencies and to provoke war. Douglas Reed, the (London) Times Correspondent in Berlin, was first tipped off to something fishy when his newspaper suppressed his warnings of the Hitler menace. (See his "Controversy of Zion")ROTHSCHILD CONDUCTS RED SYMPHONY Why would the financial elite also want to destroy Russia, which they created? The transcript of the 1938 NKVD interrogation of C.G. Rakowsky (a.k.a Chaim Rakeover) provides the answer.(http://www.savethemales.ca/000275.html) Rakowsky was an intimate of Trotsky's and former Soviet ambassador to Paris. Rothschild's agent Leon Trotsky was supposed to succeed Lenin but got sick at the critical moment. Stalin was able to assume power and save Russia from Rothschild control. In order to control Stalin, international finance was forced to build up Hitler and the Nazi party. Rakowsky confirms that Jewish financiers backed the Nazis although Hitler was not aware of this. "The ambassador Warburg presented himself under a false name and Hitler did not even guess his race... he also lied regarding whose representative he was... Our aim was to provoke a war and Hitler was war...[the Nazis] received...millions of dollars sent to it from Wall Street, and millions of Marks from German financiers through Schacht; [providing] the upkeep of the S.A and the S.S. and also the financing of the elections..." Unfortunately for the bankers, Hitler also proved intractable. He started to print his own money! "He took over for himself the privilege of manufacturing money and not only physical moneys, but also financial ones; he took over the untouched machinery of falsification and put it to work for the benefit of the state... Are you capable of imagining what would have come ...if it had infected a number of other states and brought about the creation of a period of autarchy [absolute rule, replacing that of the bankers]. If you can, then imagine its counterrevolutionary functions..." Hitler had become a bigger threat than Stalin, who had not meddled with money. The British were not going to make peace with Hitler because he threatened the bankers' racket. Furthermore, the Illuminati wanted an extended war, the ruin of Europe and the expansion of the USSR.HITLER'S SECRET BACKERS The book "Financial Origins of National Socialism" (1933) by "Sydney Warburg" provides another glimpse of how the Illuminist clique supported Hitler. This 70-page booklet was suppressed for many years but was republished in 1983 as "Hitler's Secret Backers." "Warburg" describes a July 1929 meeting with "Carter," the President of J.P. Morgan's Guarantee Trust, the Presidents of the Federal Reserve Banks, "the young Rockefeller" and "Glean from Royal Dutch." These are all Rothschild dominated. It was determined that Warburg who spoke German should ask Hitler how much money he needed to overthrow the state. The only stipulation was that Hitler adopts "an aggressive foreign policy." "Warburg" details five meetings with Hitler between 1929 and 1933. The first took place in a beer cellar where Hitler calculated his needs on the back of a paper plate. About $25 million was transferred. This was extremely important in the depth of the depression because the Nazis provided food and shelter to many of their supporters.Hitler wasn't told the reason for this support and did not ask. On two occasions, he wondered out loud if "Warburg" was himself Jewish but dismissed the idea before getting a reply.There is no "Sydney Warburg" but the internal evidence suggests the author could be James Warburg, son of Federal Reserve founder Paul Warburg. Many people dismiss this monograph as yet another fraud but the wealth of accurate detail and anecdote suggests otherwise. One wonders why anyone would go to this much trouble to alienate the most powerful people in the world if he wasn't sincere. The only people with the power to suppress it are the ones it incriminates and they have a long record of suppressing similar works. CONCLUSION "Who controls the past controls the future: who controls the present controls the past." George Orwell The winners write history. Our view of Hitler and the Second World War is largely a Jewish view. I am only beginning this research and will happily admit my errors. These are my tentative conclusions: While I utterly reject Hitler's racist ideology and atrocities, he may have represented the last serious resistance to the Illuminist agenda. Paradoxically Hitler was created and manipulated by the bankers he railed against. He lost the war because he didn't appreciate their larger agenda. Naively he failed to recognize that they controlled England and the United States. It's as if he didn't believe his own propaganda. Blinded by racist zeal, he made a fatal blunder (from his point of view) of not neutralizing England by seizing the Middle Eastern oil fields. He made another fatal error by not promising to liberate the Russian people from oppression. Nazi brutality turned the Slavs into implacable fighters.But for his demented racist ideology and consequent barbarism, Hitler might have done some good. Many Germans and even some German Jews supported him. Instead he was another pawn in the Illuminati's diabolical game. Henry Makow, Ph.D. s the inventor of the board game Scruples and author of " Long Way to go for a Date." His past articles exposing feminism and the new world order are stored at his web site www.savethemales.ca He enjoys receiving comments at henryatsavethemales.caNote - In answer to a number of emails, yes, Dr. Makow is Jewish scholar and writer. -ed CommentFrom P. T.3-23-4 Henry, On the subject of Adolf Hitler: He certainly did not want to go to war with the Englishmen. But I can guarantee you that his demonic reputation is well-deserved. I have studied a bit of these statements by Nazi leaders on what horrible things the Jewish Bolsheviks were doing to the Slavs in Soviet Union. Those things certainly happened. Still though, this strikes me as a particularly repugnant case of crocodile tears. Nazi leadership themselves had murderous plans for Eastern Slavic population. Henry, I advice you next to look into the grand Nazi project known as Generalplan Ost. That was THEIR version of the new world order. It is the only thing that you need to know about the Third Reich to realize just how morally corrupted its essence was. Here you have some creepy material on this plan:http://www.worldfuturefund.org/wffmaster/Reading/GPO/gpo%20sources.htm 17 October 1941, Hitler Monologue, Führer Headquarters, in Madajczyk, Generalny, pp. 69-70. "The [eastern] region must lose the character of the Asiatic steppe, it must be Europeanized. It is for this purpose that we are building great highways to the southern tip of the Crimea and to the Caucasus. German cities established along these roadways will stretch like a string of pearls, and around these will be German settlements. The two or three million people we need [for this program] can be found quicker than we think. We will take them from Germany, the Scandinavian lands, Western Europe, and America. Chances are that I will not live to see this, but in twenty years twenty million people will inhabit this territory. In three hundred years we will have a blossoming parkland of extraordinary beauty! As for the people indigenous to the area, we will be sure to select those [of importance]. We will remove the destructive Jews entirely. We will not enter Russian cities, they must die out completely. (Note - this was during the period when Nazi plans had been drawn up to disposses and relocate most European Jews to Madagascar, a bizarre and relatively unknown program even to this day. -ed) There is only one task: Germanization through the introduction of Germans [to the area] and to treat the original inhabitants like Indians. I intend to stay this course with ice-cold determination. I feel myself to be the executor of the will of History. What people think of me at present is all of no consequence. Never have I heard a German who has bread to eat express concern that the ground where the grain was grown had to be conquered by the sword. We eat Canadian wheat and never think of the Indians." Get it? Hitler intended to give 'Injun treatment' to tens and tens of millions of Slavic people living on the Western side of Ural Mountains. (Note - This nazi plan envisioned the expulsion of the Slavs to the East of the Urals in the yet to be conquered Soviet Union. Recent earlier examples of ethnic cleansing in the 18th and 19th centurieswere not so 'enlightened' and included mass genocide by the British and Amercans. Instead of expelling the indigenous peoples of North America, the Brits and Americans engaged in enormous military slaughter and biological warfare to kill most of them off. In fact, the use of smallpox-infected blankets as 'gifts' to the Indians is considered the first major tactical use of biological weapons on masses of humanity. In all, estimates of the numbers of North Americans annihilated by the British and Americans range from 15-20 million. Yet another holocaust in man's sorry book of history. -ed) Nazis also had highly hypocritical stance on issues like abortion. They actually ENCOURAGED it when it came to non-wanted races. Check this one out: As Many Abortions As Possible; by Mike W. Perry.http://www.ktk.ru/~cm/nazisex.htm (Note - The comprehensive public health plans by the nazis also included the first modern efforts towipe out cancer. In his prize-winning book 'The Nazi War On Cancer', author Robert N. Proctordocuments the promotion of health reforms "decades ahead of other countries...reforms that wetoday regard as progressive and socially responsible, including anti-smoking campaigns, restrictions on asbestos, pesticides, and food dyes, and the promotion of vegetarianism." This forward-lookinghealth activism stemmed from the idea of a racial utopia reserved for Germans. -ed) The WW II was not fought entirely vain. Churchill in his cynicism came to do some actual good by getting the Great Britain and United States involved in Hitler's eastward push (beginning with Poland), even against his own intentions. Had they won, Nazis would have, step by step, ethnically cleansed the whole area west from Ural Mountains from Slavic populations (and Jews, or course), and there is no reason to suppose that they would have been exactly scrupulous with their methods. There would be no Poland or Russia existing today, had that happened; only isolated reservations of Slavs used as a cheap labor, which eerily reminds me of Palestinians today. And I still consider myself as a White Nationalist - my 'secular occupation' - besides being a Christian. I believe that Hitler and is henchmen gave a terrible name for White Nationalism. I have no particular ill-will against non-Whites, who don't threaten me and my loved ones. Keep up the good work, and do some serious Bible study, too. Praying for your safety and ultimate salvation, Henry,
The Myth Of German Culpability
The 2nd World WarThe True Sequence Of Aggression
By Michael Walsh10-4-8 One of the great mysteries of life is that despite the evidence to the contrary millions of otherwise intelligent people still believe that Germany was the all powerful aggressor during the 2nd World War. Nothing better than these myths illustrate the mind-bending power of propaganda. The provable facts suggest that Germany was the victim and not the perpetrator of naked neighboring aggression. The subsequent allied military triumph was followed by the triumph of the propagandists whose pressing need was to depict the victor nations as being the victim. THE BRUTISH EMPIRE "Germany is too strong. We must destroy her."- Winston Churchill, Nov. 1936. "In no country has the historical blackout been more intense and effective than in Great Britain. Here it has been ingeniously christened The Iron Curtain of Discreet Silence. Virtually nothing has been written to reveal the truth about British responsibility for the Second World War and its disastrous results." - Harry Elmer Barnes. American Historian "The war was not just a matter of the elimination of Fascism in Germany, but rather of obtaining German sales markets." - Winston Churchill. March, 1946. "Britain was taking advantage of the situation to go to war against Germany because the Reich had become too strong and had upset the European balance." - Ralph F. Keeling, Institute of American Economics "I emphasized that the defeat of Germany and Japan and their elimination from world trade would give Britain a tremendous opportunity to swell her foreign commerce in both volume and profit." - Samuel Untermeyer, The Public Years, p.347. On September 2nd 1939 a delegate of the Labour Party met with the British Foreign Minister Halifax in the lobby of Parliament. 'Do you still have hope?'he asked. 'If you mean hope for war,' answered Halifax, 'then your hope will be fulfilled tomorrow. 'God be thanked!' replied the representative of the British Labour Party. - Professor Michael Freund. "In Britain, Lord Halifax was reported as being 'redeemed'. He ordered beer. We laughed and joked." - H. Roth. Are We Being Lied To? "In April, 1939, (four months before the outbreak of war) Ambassador William C. Bullitt, whom I had known for twenty years, called me to the American Embassy in Paris. The American Ambassador told me that war had been decided upon. He did not say, nor did I ask, by whom. He let me infer it. ... When I said that in the end Germany would be driven into the arms of Soviet Russia and Bolshevism, the Ambassador replied: "'what of it? There will not be enough Germans left when the war is over to be worth bolshevising." - - Karl von Wiegand, April, 23rd, 1944, Chicago Herald American "I felt sorry for the German people. We were planning - and we had the force to carry out our plans - to obliterate a once mighty nation." - Admiral Daniel Leahy; U.S Ambassador MYTH 1. THE GERMAN NATION IS AN AGGRESSIVE NATION The facts prove otherwise. A Study of War by Prof. Quincy Wright, shows that in the period from 1480 to 1940 there were 278 wars involving European countries whose percentage participation was as follows: ENGLAND28%FRANCE26%SPAIN23%RUSSIA22%AUSTRIA19%TURKEY15%POLAND11%SWEDEN9%ITALY9%NETHERLANDS8%GERMANY (INCLUDING PRUSSIA)8%DENMARK7% Likewise, Pitirim Sorokin, Vol.111, Part.11, Social and Cultural Dynamics, shows that from the 12th Century to 1925 the percentage of years in which leading European powers have been at war is as follows. (p.352). COUNTRY PERCENTAGE OF YEARS AT WAR SPAIN67%POLAND58%ENGLAND56%FRANCE50%RUSSIA46%HOLLAND44%ITALY36%GERMANY28% Sorokin concludes therefore, "that Germany has had the smallest and Spain the largest percent of years at war." Of leading modern European states, England, France and Russia show clearly twice the aggressive tendencies of Germany. From the years 1815 to 1907 the record stands as follows: BRITAIN10 warsRUSSIA7 warsFRANCE5 warsAUSTRIA3 warsPRUSSIA-GERMANY3 wars GERMANY DID NOT WANT WAR "I believe now that Hitler and the German people did not want war. But we declared war on Germany, intent on destroying it, in accordance with our principle of balance of power, and we were encouraged by the 'Americans' around Roosevelt. We ignored Hitler's pleadings not to enter into war. Now we are forced to realize that Hitler was right." - Attorney General, Sir. Hartley Shawcross, March,16th, 1984 "The last thing Hitler wanted was to produce another great war." - Sir. Basil Liddell Hart "I see no reason why this war must go on. I am grieved to think of the sacrifices which it will claim. I would like to avert them." - Adolf Hitler, July, 1940. Winston Churchill agrees: "We entered the war of our own free will, without ourselves being directly assaulted." - Guild Hall Speech, July 1943. MYTH.2 THE GERMAN ARMED FORCESOUTNUMBERED THEIR NEIGHBOURS POLAND 30 Active Divisions10 Reserve Divisions12 Large Cavalry BrigadesPoland had nearly 2,500,000 trained men available for mobilisations. FRANCE 110 Divisions65 were active divisionsIncluding 5 cavalry divisions, two mechanised divisions, one armoured division, the rest being infantry. On the German borders stood the French commandstood 85 Divisions and could mobilise 5,000,000-armed troops. These were supported backed by five British divisions. BRITAIN Britain's relatively small but high quality Regular Army was supported by the Territorial Army consisting of 26 Divisions with plans well in hand to boost this to 55 divisions. This of course was in turn supported by the then world's largest conscription army holding an empire 'upon which the sun never set.' The British Empire consisted also of the former German 'empire' of New Guinea, Nauru, Western Samoa, South West Africa, Quattar, Palestine, Transjordan, Tanganyika, Iraq, Togoland and the Cameroons. These territories stolen from Germany added another 1,061,755 square miles to the British Empire, the equivalent of 35 Scotlands GERMANY Against these formidable forces Germany was able to mobilise just ninety-eight divisions of which only fifty-two were active (including Austrian divisions). Of the remaining 46 divisions only 10 were fit for action on mobilisation and even in these the bulk of them were raw recruits who had been serving for less than one month. The other 36 divisions consisted mainly of Great War veterans over the age of forty who were unfamiliar with modern weapons and up to date military techniques. THE BALANCE SHEET On the balance sheets it can be seen that the Poles and French alone, not counting Britain and its Empire, had the equivalent of 130 divisions against a total of 98 German divisions of with 1/3rd were virtually untrained men. In terms of trained soldiers the Germans were at an even bigger disadvantage. (Note at the outbreak of war over 50% of the German armed forces was horse drawn). WAR IN THE AIR "The superiority of the Luftwaffe has been greatly exaggerated to create the impression that Britain was the underdog; a David fighting Goliath. In the run up to the Battle of Britain (August 10th 194) the Luftwaffe had 929 fighters available; mostly single-engine Messerschmitt 109s. Of these 227 were twin-engine long-range Me110s which had a top speed of 350mph. Although it had a faster rate of climb it was inferior when turning or manoeuvring. The ME109's range restricted its field of operation. Their real fields of operation out and back was a little over 100 miles, a flight time of barely 95 minutes and a tactical flight time of just 75 minutes. This was a sever handicap when it is considered that whereas the Luftwaffe pilots were operating scores of miles from their base, British pilots were often within sight of their own. This handicap was made more critical by the fact that downed RAF pilots could be rescued whilst Luftwaffe pilots were of course if they were lucky imprisoned. The twin-engine ME110 was a slow flyer able to cruise at a little less than 300mph and was easily outpaced by the RAF's Spitfires. It was also 'sluggish in acceleration and difficult to manoeuvre.' The greatest handicap for the Germans however was there primitive radio equipment. Unlike the British versions it was poor in air-to-air operation and could not be controlled by the ground. On the British side a total surpassing 650 fighter aircraft had been amassed by mid-July, mostly Hurricanes and Spitfires although including nearly 100 of the older types. During that whole year Britain produced 4,238 fighters compared with a derisory 3,000 manufactured by Germany. In terms of armaments the noted British military historian, B.H Liddell Hart noted: "What is quite clear, and became evident at the start, was that the German bombers were too poorly armed to be able to beat off the British fighters without a fighter escort of their own." History of the Second World War. GERMANY AND OTHER FREE COUNTRIES ATTACKED Poland carried out the first acts of aggression. In March 1939 Poland, already occupying German territory 'acquired' in 1919 invaded Czechoslovakia. During the months running up to the outbreak of war Polish armed forces repeatedly violated German borders. On August 31st 1939 Polish irregular armed forces launched a full scale attack on the German border town of Gleiwitz. Within hours Germany retaliated resulting in Britain and France's declarations of war on the German nation on 3rd Sept 1939. In Britain's case this declaration of war was constitutionally illegal. It was not as it should have been ratified by parliament. Despite her borders being constantly attacked by the numerically superior armies of France and England, and economically strangled by world finance, Germany refused to be drawn, negotiated for peace and turned the other cheek for ten months. Only when it accurately learned that England intended to broaden the western front by occupying the Low Countries and Norway, thus surrounding and threatening Germany's entire borders, did Germany carry out a pre-emptive strike. Germany's defensive counter attack was launched on 10th May 1940. This resulted in the rout of 330,000 British and French troops by a significantly smaller army. It was one of the worst debacles in military history. (The British press called it 'a miracle). Russia invaded Finland on Nov 30th 1939. Britain (not for the first time) and France invaded Norway's neutrality on 8th April 1940. To avoid attack via the Baltic Sea Germany counter-attacked. In the small battles that followed (Trondheim) 2,000 German troops routed 13,000 British troops. They were evacuated on 1st May. To save face Churchill disembarked 20,000 British troops at Narvik. They were driven out by 2,000 Austrian Alpine troops. Canada declared war on Germany 10th Sept 1939. In June 1940 Soviet Russia invaded Latvia, Estonia, Lithuania and Rumania. In June 1940, Britain declared war on Finland, Rumania and Hungary whilst also occupying defenseless Iceland. All of these acts of aggression in gross violation of international law and previously signed treaties. On May 10th 1940 in brazen defiance of international law Britain occupied Iceland. Icelanders regarded the British armed forces as an occupying force. On 7th Dec 1941 a British backed coup overthrew the Yugoslav government. On 27th March 1941 British troops enter Greece. On 6th April 1941 Germany retaliated and Britain retreated again. In June 1940 Britain prepares to invade neutral Portugal. The United States, supposedly neutral, consistently attacks German shipping and arrests or otherwise kidnaps German citizens, even those living in South American countries. In August 1941. Germany retaliated. In 1940 alone Britain, supposedly standing alone and at bay, added 1.6 MILLION SQUARE MILES TO ITS WORLD EMPIRE occupying Italian and French colonies; Syria, Iraq and Persia. Britain's foremost military historian, A.J.P. Taylor conceded: "There can be no doubt that he (Hitler) broadened the war in 1941 only on preventive grounds." Footnote on casualties: In terms of casualties the United Kingdom came in at number nine. Russia came first (official figures at 13.6 million, Germany 3.5, China 1.3, Japan 1.3, Romania 350,000, United States 252,000, Italy 279,000, UK 264,000, France 213,000, Hungary 200,000, Poland 123,000, Greece 88,000, Finland 82,000, Canada 37,000, India 24,000, Australia 23,000, Belgium 12,000, Czechoslovakia 10,000, Bulgaria 10,000, New Zealand 10,000 (another country threatened by Germany no doubt!), Netherlands 8,000, South Africa 6,000, Norway 3,000, Denmark 1,800, Brazil 943. A FINAL EPITAPH FROM ONE OF ENGLAND'S FINEST POETS: A curse for England, false and base,Where nothing can prosper but disgrace,Where crushed is each flower's tender form,And decay and corruption feed the worm ... ... Sounds familiar? CommentMichael Rivero The "Clash of civilizations" is not about religion, but about banking. How Hitler rebuilt Germany's economy was simple. He abandoned the fractional reserve banking system that was crippling post-WW1 Germany and instituted a currency with a fixed unit of value. Oddly enough, it was a financial system not very different from that of the United States prior to 1913. This allowed Germany to rebuild quickly, but was of course a direct threat to the bankers who had grown rich and powerful with legalized counterfeiting. This is the reason that "war" (actually a boycott; see attached) was "declared" against Germany. The bankers feared that people everywhere would see the immediate advantages of a non- reserve monetary system and force a change in their own countries. Germany, specifically the German economy, had to be wrecked in order to preserve the fractional reserve banking system everywhere else. Oddly enough, when Putin came to power in Russia, he did pretty much the same thing; kicking out the oligarchs and restructuring Russia's economic system, and the end result is that Russia has paid off all her debts early (while the USA, still enslaved to the Federal Reserve, sinks deep into debt every single day), and not surprisingly, enmity against Russia by nations under the control of reserve banking systems and bankers is on the increase. The same "war of money" underlies the push for Islamophobia. It's not really about religion but about the conflict between compounded interest versus loan-plus-fixed-fee financing.Michael RiveroWhat Really Happenedwrh@whatreallyhappened.com Commentx-915552 What all of you don't understand is: Hitler did not want any war.He wanted peace. The Third Reich needed peace to rebuild Germany after what the Jews, who had the upper hand in the Weimar Republic, had done to Germany. If Hitler had wanted a war, then he would not have offered to withdraw and pay damages to Poland after The Reich defeated Poland. Had Hitler wanted a war he would have destroyed the British Expeditionary Army at Dunkirk. He said "NO!" when General Heinz Guderian wanted to attack the British at Dunkirk. It is high time we stop believing in the Jewish lies told about WWII and start understanding the truth. Hitler did not want a war!!!! Who wanted war? Zionist Jews of the world. CommentRandulf Johan Hansenwww.thenewsturmer.com Hess on a secret mission landed in Britain to end the war with the West that Hitler did not want. Churchill concealed the nature of his mission because Churchill was taking order from Jews (Baruch and Morganthau as well as the merchant banking houses of The City) wanted the extermination of Germans and the threat of the usury-free Nationalist Populist dynamism. CommentFrom: Dick Eastman With the advantage of retrospect and the exposure of what really happened, I am sorry Hitler and Japan did not get a negotiated settlement (rather than a defeat) out of World War Two. He could have done so easily. Instead of bombing London he could have bombed the mansions of the British aristocracy on their great estates, bombed them to rubble. The British elite did not care about the insufferable lower-class nobodies dying in the London Blitz. They would care about losing the family castle. And the strategy would have saved the Luftwaffe as well. The British always knew the German planes were headed straight to London and so had all of their anti-aircraft guns, barrage baloons and searchlights and RAF Spitfires there to intercept them. If they went after the gentry where they lived they would have had all Britain in which to select their targets. The RAF could not be everywhere at once. Before you know it the House of Lords would have renegged on their backing of Churchill (Baruch's pet bulldog) and his insistance upon unconditional surrender and would have settled for a negotiated peace that would have saved Europe from half-conquest by (Jewish) communism. Remember that when we are fighting the elites. Our enemy is not the stupid and depraved soldiers they send after us -- our enemy is the Money Power elite themselves. http://groups.yahoo.com/group/frameup/message/22069 Commentx-915552 Munich Betrayal And Its Contemporary Lessons Between 1932 and 1942, the USA used about 12 per cent of her gross income on military equipment. That was far above what Germany used and what Japan used. I call such high part of gross national income for propping up a country making it ready for war. Comment Dr. Gunther Kümel(Excerpt) Today it occurs to me to break with the habit to ignore your "arguments" that sound like a propaganda trumpet.However, in this contribution you are contradicting yourself to such an absurd degree that it is hard not to write a satire about it.You have a point with mentioning General Thomas who indeed ardently insisted in preparation for a long war, total war, huge armaments, full use of the authoritarian power the German parliament had conceded to Hitler, economic mobilisation in the broadest sense, "full wartime mobilization of the economy". And as he did not get his way, tried to kill his chancellor.And Hitler? He instructed Keitel, that he did not want war, refused to give the orders Thomas demanded. He relied on negotiations since he had the impression to deal with statesmen not insane enough to rebut a fair compromise. Have you ever read the proposals Hitler offered to Poland? No? Perhaps you should do that, it might change your fixed ideas about the evil Hitler and the poor Poles. If any chancellor or even politician in the "republic of Weimar" (that had been reigned in an authoritarian way without concessions of the parliament) had offered such a far reaching compromise, he would have lost his position within two hours. What Hitler offered to Poland can only be compared with the sacrifices of this Willy Brandt to Poland and Russia and Jugoslavia and the Cek, only that Hitler acted in favour of Germany and Willy Brandt as a servant of Allied interests (you remember he was officer of an enemy state). Hitler suggested the reunification of Danzig with the motherland and Danzig was a free state, not property of the Poles. The (German) inhabitants of Danzig wanted fervently this reunification (as the inhabitants of Austria, Sudetenland or South Tirol). Poland should retain certain economic privileges she had been granted by the "peace makers" (war mongers) ofVersailles. Germany would not demand the very important industrial area of Upper Silesia (German inhabitated), West Prussia (to a high degree German inhabitated). And Hitler offered a peace pact for 25 years and a guaranty for the frontiers of Poland, which was more or less the promise to defend Poland against a revision by Stalin with respect to "East Poland" recently conquered by Poland and inhabitated mostly by Ukrainians. What Hitler wanted to be honoured with was not more than a highway and a railway line through the "Corridor" (German inhabitated), that separated part of Germany (East Prussia) from the main land. Really, Hitler could not demand less!Hitler's fatal mistake was that he trusted the fairness of the British, that he did not fully recognize the threat of the "background powers". And that he tried to reach just aims by way of negotiations. General Thomas was not so naïve, and he was not so pacifistic as Hitler who allowed the British divisions to escape at Dunkirk, just for the purpose not to hurt the British sensitivity. General Thomas was aware of the firm determination of the influential circles in the world (eg the high finance) to destroy the German nation, and therefore he insisted in preparation for a long war of annihilation against the Reich.RegardsDr. Gunther Kümel.
Hitler's Monetary System
7-14-7 "We were not foolish enough to try to make a currency coverage of gold of which we had none, but for every mark that was issued we required the equivalent of a mark's worth of work done or goods produced. . . .we laugh at the time our national financiers held the view that the value of a currency is regulated by the gold and securities lying in the vaults of a state bank." -Adolf Hitler, 1937 (CC Veith, Citadels of Chaos, Meador, 1949.) "And it proved sound. It worked. In less than ten years Germany became easily the most powerful state in Europe. It worked so magically and magnificently that it sounded the death knell of the entire (Zionist) Jewish money system. World Jewry knew that they had to destroy Hitler's system, by whatever means might prove necessary, or their own [system of usury] would necessarily die. And if it died, with it must die their dream and their hope of making themselves masters of the world. The primary issue over which World War II was fought was to determine which money system was to survive. At bottom it was not a war between Germany and the so-called allies. Primarily it was war to the death between Germany and the International Money Power." --William Gayley Simpson, 'Which Way Western Man' (p.642)
Eustace Mullins and Ezra Pound took the Byzantine Empire as one example of an humane way to deal with the inhumanity of the Jews:
"Mullins' New History of the JEWS"
Ezra Pound, Eustace Mullins and the Byzantine Empire
Christopher Jon Bjerknes
http://www.jewishracism.comhttp://www.jewishracism.blogspot.com
Megumi Yamada has sent me a Christmas gift which I would like to share with my readers. Eustace Mullins and Ezra Pound took the Byzantine Empire as one example of an humane way to deal with the inhumanity of the Jews:
"Mullins' New History of the JEWS"
Non-violent formula for controlling the Jews
THE SECRET TERRORISTS by Bill Hughes PDF
The Rothschilds were Jesuits who used their Jewish background as a facade to cover their sinister activities. The Jesuits, working through Rothschild and Biddle, sought to gain control of the banking system of the United States.
William Cooper= Bill Cooper
"Behold a Pale Horse"
The secret power structure is toward a totalitarian socialist state (fascism).
It is not the Nazis, as they were a product of this power structure.
It is not the Jews, although some very wealthy Jews are involved.
It is not the Communists,as they fit the same category as the Nazis.
It is not the bankers,but they do play an important role...pg.101
ユースタス・マリンズは
イルミナティ=世界支配層 これを【ユダヤ人全般】に置換
ユダヤの【仮面】を付けた支配層達は
人々の憎悪心を ユダヤ人に向け イスラエルを滅ぼす計画
Mullins' NEW HISTORY of the JEWS
By Eustace Mullins
In all of recorded history, there was only one civilization which the Jews could not destroy. Because of this, they have given it the silent treatment. Few American college graduates with a Ph.D. degree could tell you what the Byzantine Empire was.
It was the Empire of East Rome, set up by Roman leaders after the Jews had destroyed Rome. This empire functioned in Constantinople for twelve hundred years, the longest duration of any empire in the history of the world.
Throughout the history of Byzantium, as it was known, by imperial edict, no Jew was allowed to hold any post in the Empire, nor was he allowed to educate the young. The Byzantine Empire finally fell to the Turks after twelve centuries of prosperity, and the Jews have attempted to wipe out all traces of its history.
Yet its edicts against the Jews were not cruel; in fact, the Jews lived unmolested and prosperously in the empire throughout its history, but here alone the vicious cycle of host and parasite did not take place.
It was a Christian civilization, and the Jews were not able to exercise any influence. Nor did the Orthodox priests bewilder their congregations with any vicious lies about Christ being a Jew.
No wonder the Jews want to eradicate the memory of such a culture.
It was Ezra Pound who launched upon a study of Byzantine civilization, and who reminded the world of this happily non-Jewish land.
From the Byzantines, Pound derived his no-violent formula for controlling the Jews.
"The answer to the Jewish problem is simple," he said.
"Keep them out of banking, out of education, out of government."
And this is how simple it is.
There is no need to kill the Jews. In fact, every pogrom in history has played into their hands, and has in many instances been cleverly instigated by them.
Get the Jews out of banking and they cannot control the economic life of the community.
Get the Jews out of education and they can not pervert the minds of the young to their subversive doctrines.
Get the Jews out of government and they cannot betray the nation.
★ ★ ★ ★ ★
USS Liberty Memorial
The USS Liberty Memorial web site abhors the racist and extreme positions taken by antiSemitic, Holocaust denial, conspiracy theorist and other such groups which often seek to identify with us and to usurp our story as their own. We have no connection with and do not support or encourage support from any of these groups including National Alliance, National Vanguard, The New Order, National Socialists, The French Connection, Liberty Lobby, American Free Press, Republic Broadcasting, AFP's Liberty Radio Hour, or other such groups. We wish harm to no one and encourage social justice and equality for everyone; we seek only accountability for the criminal acts perpetrated against us and can do that without help from hate-mongers.
True Torah "In a Dangerous Climate, ADL Offers More Problems Than Solutions"
THE NEW WORLD ORDER ----the Pope's Zionist-controlled Israel
Arabs and Jews must see through the propaganda
and understand that this conflict is being created for them.
The Catholic Church is not Christian at all
Posted by muguet at 12/24/2008
Labels: Eustace C. Mullins
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http://www.darkmoon.me/2013/my-struggle-against-the-jews-by-eustace-mullins/
My Struggle against the Jews, by Eustace Mullins
Admin June 14, 2013 Other Writers
In which Eustace Mullins describes his victimization at the hands of the Jews and his close personal friendship with the persecuted poet Ezra Pound.
Edited and abbreviated slightly, with pictures and captions by Lasha Darkmoon.“No one who has been martyred by the Jews should remain unknown.
And no one who has been martyred by the Jews will remain unavenged.”
— Eustace MullinsMy life will be judged worthwhile to the extent that it is of use to others. For this reason, I wish to tell of the things which have happened to me in my struggle against the forces of darkness. It is my hope that others will be forewarned of what to expect in this fight.During the past thirty years of this struggle, many of the great patriots who gave me, instinctively, their valuable guidance and inspiration, were themselves heavily immobilized by the machinations of international Jewry. They considered their personal losses relatively unimportant, however, compared to the sufferings of the Gentile people who have been enslaved by the Jews.In the same way, it might seem idle carping for me to mention the murder of my parents by government agents working for the Jews, who wanted revenge against me for my work; not when we consider that sixty-six million Christians have been killed in Russian concentration camps since 1917, all of them murdered by the Jewish Communists who built and operated these camps.These millions lie nameless and unmourned. But they were no less the victims of the Jews than my parents were — or many other Americans whose sacrifices have gone unrecorded by those who are next on the death list.No one who has been martyred by the Jews should remain unknown. And no one who has been martyred by the Jews will remain unavenged.I became the object of the Jews hatred by events which moved in a straight line. Successively, I became the protégé of George Stimpson, the most respected journalist in Washington, who founded the National Press; and of Ezra Pound, the world-famous poet; and of H. L. Hunt, one of the world’s richest men.Of the three, only Ezra Pound fought the Jews openly. And he suffered grievously as a consequence, spending thirteen years in a hideous, urine-soaked madhouse in Washington D.C.George Stimpson passed on to me many of the secrets of Washington, including the fact that Felix Frankfurter founded the Harold Ware Cell of Communists and the nature of the Jewish control over J. Edgar Hoover and the FBI. H.L. Hunt fought valiantly to preserve the values of Christian civilization. But he was unable to deploy his money effectively in a battle which was outside of his experience.I was to visit Ezra Pound several times in the cell in which he was held as a political prisoner and which he aptly termed “the hellhole.”“Ezra Pound fought the Jews openly.
And he suffered grievously as a consequence,
spending thirteen years in a hideous, urine-soaked madhouse…”In 1942, when I joined the United States Army Air Force, I had no thought that thirty-six years later, I would still be engaged in a life-or-death struggle with a tenacious and relentless enemy.I regarded World War II as an unavoidable hiatus in my chosen career as an artist and writer. The war would be over in a couple of years, and I would resume the writing of books which I had already begun. I had no personal desire to ‘slap the Jap,’ or ‘stun the Hun,’ or any of the ‘Tin Pan Alley’ slogans which the Jews had conjured up to herd the Gentile cattle to the slaughter.Like many of my fellow soldiers, I sensed that the enemy was not really overseas, but was more likely entrenched here on the home front. But also like my fellow soldiers, I knew there was little I could do about it. Almost a year later, I read some material which gave me enlightenment.Although it seems unbelievable now, during the height of World War II, there was more widespread dissemination of patriotic material on the Jewish conspiracy than there is today. Many dedicated patriots turned out small papers which printed the hard facts. They had long since learned how to survive the daily harassment by FBI agents, ADL agents, and hordes of other ‘home front’ guardians. They were frequently denounced by the paid press.After reading one of these hysterical attacks, I sent Gerald L. K. Smith twenty-five dollars for some material. This was a large sum at that time, as my pay was only fifty dollars a month. By return mail, I received a large box containing several hundred copies of ‘The Cross and the Flag.’Theis was the first material I had ever encountered on the Jewish problem. It contained many astounding revelations.I realized at once that this was not the type of material to be quoted in the usual barracks discussions. Several soldiers had commented that there were informers in the barracks. Although I did not then make the connection, there was to be found in almost every barracks, a particularly obnoxious Jew, usually with a Brooklyn accent. It never occurred to me that these Jews were being as obnoxious as possible in order to goad the other soldiers into making an anti-Semitic remark. Nor did it occur to me that these Brooklyn Jews often had college degrees.At that time, everyone with college background was ordered to try out for the Officer Candidate School. I did not realize that these Brooklyn Jews remained with the enlisted men for surreptitious reasons. This type of political supervision of the troops is axiomatic in Communist strategy. It was meticulously observed in the American Armed Forces during World War II. In combat zones, officers and enlisted men who had previously voiced doubts about the wisdom of Roosevelt’s crusade to save Communism, were shot in the back by these same intelligence agents who had followed them into the front lines.While General Eisenhower was cosily tucked away with his British Secret Service ‘Chauffeur’, Kay Summersby, the real decisions were made by his Liaison Officer, Captain Warburg of the Kuhn, Loeb Banking house — a Jewish concern.The Communist control over the United States Army surfaced during World War II with the selection of General George C. Marshall as Chief of Staff. As Senator Joseph McCarthy later pointed out, Marshall was under Communist Party discipline at all times. This did not interfere with his direction of our war effort, since the goals of the Washington Marxists were the same, the total defeat of the German anti-Communist forces. In the Korean and Vietnam wars, Communists direction of our Armed Forces remained unchanged, even though we were then fighting against ‘Communist’ forces. When General Douglas McArthur tried to oppose this Communist betrayal of our men, he was fired by David Niles, the Jewish Communist who was President Truman’s ‘Aide.’The Communist recognized that final political control always resided in the military. In Moscow and in Washington, every officer is absolutely responsive to the current ideological line, regardless of any military consideration. This was recently demonstrated when every officer on active duty was ordered to support the giveaway of the Panama Canal, while many retired officers openly opposed it. The most stringent measures are carried out to ensure that no officer is able to form a group to discuss and possibly take action against the high treason of his superiors. When Commander George Lincoln Rockwell surfaced at the Pentagon, there was consternation throughout the high command. At the least sign of any independence or patriotic speech from any officer, the Jewish controlled media immediately raises a hue and cry about ‘Fascism’ and the offender is quickly neutralized.After receiving the supply of Smith’s magazine, I distributed them in the day rooms to see who would read them. The next day, I toured the day rooms to see if anyone was reading them, and perhaps, to strike up a conversation. Every issue had disappeared. Not once did I see a copy while I remained on the base.Apparently, I had been followed, and the papers picked up as fast as I had left them.During my remaining years of military service, I encountered no one with strong political views. My own opinions were those of any young man of the period, hardly committed to any strong ideology. After the war, I enrolled at Washington and Lee University, intending to study law. After two years, I decided I should go to art school, and enrolled at the Institute of Contemporary Arts in Washington, D.C. The school had the usual mongrel types in its student body and a number of ardent Communists on the staff. But it attracted many of the leading writers as speakers. Like others among the ten million veterans, my main concern was in getting on with my career, and I had little concern with politics.Over night my lack of concern changed.One of the teachers at the Institute had been visiting Ezra Pound. He suggested I accompany him one afternoon, an offer which rather disturbed me. I thought it unlikely that the man who had edited T. S. Eliot and Ernest Hemingway would be interested in talking to me. But I went along.The moment I entered the gloom of the insane ward, my former complaisance vanished, never to return.I suddenly realized that a great writer had been punished by being confined in a madhouse, solely for his political views. In an instant, Pound filled the ideological gap in my life. Never again would I remain silent in the face of injustice.EZRA POUND.
The famous American poet had been convicted of treason for revealing in radio broadcasts that World War Two had been started by International Jewry to further its own ends of world domination. He was kept thirteen years in a lunatic asylum in a urine-soaked cell, originally in solitary confinement and forced to wear a straitjacket. Only much later was he allowed to receive visitors such as Mullins.
Pound apparently considered me a kindred spirit, and offered to give me ‘my own day.’ That is, an afternoon to visit him alone each week. I accepted. And by the time the next week rolled around, he was waiting for me with food, assignments for research, and errands to run.Shortly afterwards, he brought up the Federal Reserve System, which I had never heard of. From that day, my work was cut out for me. His concern for his country had been aptly expressed by Charles Dickens in his American Notes, written a century earlier: “I do fear that the heaviest blow ever dealt at liberty, will be dealt by this country, in the failure of its example to the earth.”The loss of liberty in America, which is occurring before our eyes, means the autocracy will be enthroned throughout the world, and that the freedom which was ours at our birth will never be known by future generations. Olga Ivinskaya, a Russian writer, writes of her years in a Soviet prison camp:“Sanagian (a fellow inmate) had put down the story of her life in her awkward, uneven handwriting. She came from a working class family and her father—long since dead—had taken part in the Revolution in 1917, for this she heaped curses on his memory.”In the usual hogwash about aristocrats, we never stop to think that it was the working people of Russia, not aristocrats, who were enslaved by the Communist Revolution. Similarly, in this country, it is the Jewish intellectuals, bankers, and industrialists who are in the forefront of the battle to enslave all Americans and take away their freedom forever. Should we allow this, future generations in the concentration camps will begin their days not with prayers, but with curses on our memory.I soon began to visit Ezra Pound every day, a routine which I kept up for three years. During this time, I was thoroughly grounded in every aspect of the International Communist conspiracy. Pound said to me: “I am telling you things I didn’t know until I was fifty. You are twenty-five, which means you are getting an extra twenty-five years to do something about it.”When I went to New York, bankers on Wall Street told me:– “I was here during the crash, but I didn’t know what was going on until I read your book.” I explained that I had had the benefit of Pound’s experience, and his access to much information in Europe which had already been banned in the United States.To support myself while writing the history of the Federal Reserve System, I obtained a job at the Library of Congress as a stack attendant. This was the same job J. Edgar Hoover had held for several years while he completed his law studies at George Washington University night school.A few weeks later, because I had done advanced photographic studies at the Institute, I was promoted to the Photography Department. In the next several months, I received two more promotions, as I had studied with one of the finest Japanese photographers. During these months, I was able to see Pound only on weekends, and he suggested I send some of my writings to ‘The Social Creditor,’ a small weekly published in England. I sent them some articles, which they printed, sending me enthusiastic comments.One day, while going into the National Press Club for my daily luncheon with George Stimpson, a man was handing out copies of ‘Common Sense’ at the front door. I showed it to Pound, an issue containing the Hermann Goering Testament. He suggested I send them articles, and they printed some excerpts from the Federal Reserve research.One afternoon, a Jew came to the Library of Congress, asking for me. I was called out of the darkroom to see a Jew who was a caricature out of Der Stürmer. He immediately began to cross question me, saying he had been sent from ‘Common Sense,’ and he asked, ‘Who is giving you your material? Where is this information coming from?’Not wishing to involve Pound, who always faced the possibility of having his daily visitors turned away and being held incommunicado, I explained that I was doing research at the Library of Congress. It was obvious that he didn’t believe me. A gawky small town boy could hardly be privy to the machinations of the worlds most powerful and secretive bankers!A team of FBI agents was now sent to the Library of Congress to question everyone who had worked with me.Senator Herbert Lehman, of the Lehman Brothers Banking house, and National Chairman of the Anti-Defamation League, had sent a demand to Luther Evans, Librarian of Congress, that I be fired because of an article I had written for the Social Creditor.The demand, written on ADL stationery, had been drawn up by the ADL operator, Edelstein, and signed by Lehman without reading it, as he accepted anything which Edelstein brought to him. The article exposed the fact that one Katz, Marshall Plan Administrator, presided over the most of the Marshall Plan material to Communist countries, instead of sending it to the non-Communist countries for which Congress had designated it.LD: In other words, because of Jewish machinations, money intended by Congress to help non-Communist countries, was secretly diverted to Communist countries where the sole beneficiaries were international Jewry. This was of course fraud and peculation on an unimaginable scale — comparable to the mysterious disappearance of $3 trillion when Rabbi Dov Zakheim was in charge of financial affairs at the Pentagon in 2001.
However, neither of them dared to publicly argue the point, as it would have exposed the fact that Marshall Plan Aid was going to the Communists.Although I as yet knew nothing of the ADL order that I be fired, I had had a previous contact with Senator Lehman. Pound had noticed an advertisement in the Washington Post that Lehman would be speaking at Howard University on behalf of ‘home rule,’ a plan to wrest control of the District of Columbia from a group of White businessmen and turn it over to the Negroes. Howard University was the Communist training school for Ralph Bunche and many other Negro Marxists. Through the dogged influence of Eleanor Roosevelt, it was the only college in the United States whose entire budget was provided by the Federal Government.Pound mentioned that Lehman, a typical Jewish degenerate, had a nervous tic, and suggested it would be amusing to see it in action.When Dave Horton and I arrived at the Howard University auditorium, we found a group of Negroes, eight or ten, the entire audience for the August Senator. Rather put out by the poor attendance, Lehman, a short squat ole clothes dealer type, made a short speech about home rule and opened the floor to questions.Immediately, Horton and I were on our feet.“Would Lehman Brothers consider the District of Columbia a safe investment?”—asked Horton. “Will you support Alger Hiss as the first mayor of Washington?”—I asked. Lehman, a rather stupid Jew, was completely bewildered by our questions.We continued to fire questions at him, as his aides, two young city College Jews, shook their fists at us.The famed Lehman tic now made its appearance. It was not merely a tic of the eye, the entire left side of his face was twitching steadily and violently.The audience of Negroes was glaring at us, muttering, ‘Shame,’ as Lehman’s aides rushed him away.I LATER LEARNED THAT IN THE FOYER OF THE LEHMAN MANSION IN NEW YORK, A SPLENDID FOURTEENTH CENTURY STATUE OF THE VIRGIN MARY, LOOTED FROM ONE OF THE GREAT CATHEDRALS OF EUROPE, STOOD NEAR THE DOOR. FOR THE TITILLATION OF VISITORS, A CIGARETTE WAS PLACED DANGLING FROM HER MOUTH. (Emphasis in originalA JEW’S IDEA OF THE HOLY VIRGIN MARYA few days after our Howard University evening, I was handed a letter of dismissal from the Library of Congress. The FBI interrogations had turned up nothing which could be used against me, and had caused considerable angry comment among the other employees. The letter stated I was being dismissed because I had written an article for the Social Creditor. I was given the option of making a personal appeal to the Librarian, which I did. In Evans office, he asked me, ‘Did you write this article?’‘Yes,’ I replied. ‘Can you show me one false statement in it?’‘I’m not competent to do that.’ said Evans. ‘This is not out of my hands. Your dismissal stands.’‘But I am not a member of any political group.’ I protested. ‘I’ve never voted in my life. You have many staff members who are activist members of militant racial organizations. You have two staff members who do nothing but go through the stacks writing numbers bets all day. Why am I being singled out?’Evans, who never once looked at me in the eye, jerked open the bottom drawer of his desk, where I glimpsed a half empty bottle of Country Gentleman bourbon. He looked longingly at it, turned to me, and said, ‘Well, that’s all.’The Library of Congress
where Eustace Mullins was employed briefly as a shelf stackerMY NEXT JOB: At the Chicago Motor Club, I became editor of Motor News, with a circulation of 250,000. During the next two years, I willingly took on additional duties as editor of the ‘Industrial Editors News Service,’ public relations counselor, and special events organizer. I had been at the club two years and one week with a drawer full of memoranda from my superior, James E. Bulger, praising my work, and thanking me for my new programs, when one sultry August afternoon, two well dressed men strode by Bulger’s secretary, and went into his office and closed the door.His secretary who was a close friend, turned to me and said, ‘I wonder what that’s all about?‘I never saw them before.’ I replied.The men stayed with Bulger for about an hour, and I could hear them arguing with him, but their voices were kept low. Finally, he buzzed for his secretary. She went in, and came back out immediately, and handed me a folded note. I opened it and read, ‘You are allowed five minutes to get your things and get out of the office.’‘What’s going on?’ the secretary asked me.I saw the tears were streaming down her face. I showed her the note.‘I know what’s in it,’ she said, ‘but what’s going on? Mr. Bulger is sick, we’ve got to help him—those men—’. She turned and ran to the restroom.I put some personal memoranda into an envelope and left the office.That evening, Bulger’s secretary called me at home. She told me that the two men were FBI agents and that when they demanded I be fired, Bulger flatly refused. This was understandable as I was doing the work of four people. They then threatened him for nearly an hour. He had had five heart attacks in the past several years, and he began to writhe with pain. He begged them to let him call his doctor.‘Certainly,’ one of the men replied, ‘as soon as you fire Mullins.’Bulger was then forced to write the note.After I left the office, the FBI agents accompanied Bulger to the doctor, and then took him to his home, after warning him not to tell me what had happened or to give me my job back.Being fired from the Chicago Motor Club was the greatest shock of my life. Certainly this was the goal of the FBI harassment. At the age of thirty-five, I had been one of the most active public relations counselors in Chicago, lunching at the best restaurants with the city’s leading executives. Now I was on the street with no prospects.Even so, I supposed that with my contacts, I would be able to get another public relations job. In the next few weeks, I was surprised that after each interview, I heard nothing more about a job. Friends at the Motor Club then told me that because of pressure from the Club’s Jewish members, Bulger was telling everyone who inquired about references that I was a notorious criminal who was wanted in several states. He never put this into writing, giving out the slander on the phone, after instructions from the Jew who was the Club’s legal counsel. Since I was fired from the Chicago Motor Club in August, 1958, I have never again been able to get a professional job.After several weeks, I realized it as unlikely that I would get any work in Chicago. I began work on a book about Friedrich Nietzsche, and while doing research at the Newberry Library, I found a great deal of material on Ezra Pound’s career. I wrote him suggesting that I do his biography. He immediately replied that he had been waiting for me to do this, and that I was to be his only authorized biographer.I then asked Henry Regnery if he could give me an advance on this book. He replied that he could not — though he owned the largest window shade factory in the world, a bank, and other holdings, worth eighty million dollars.He suggested, however, that H. L. Hunt needed someone to edit a book. I called Hunt and he agreed to pay me a hundred dollars a week. I said that I couldn’t live on that. In fact, I was living on thirty-five dollars a week. Hunt now offered to let me live in his home. At that time, Hunt’s income was ten million dollars a week, and he had accumulated a fortune of three billion dollars.H.L. HUNT,
GAMBLER AND OIL TYCOON.
IN 1957 HE WAS THE EIGHTH RICHEST MAN IN AMERICA.I arrived at Hunt’s home in Dallas with one battered suitcase and an old Plymouth, purchased a year before for one hundred dollars, with the entire front end smashed in.Hunt and I immediately established complete rapport, as he had lived for years out of a suitcase, traveling in the back-country picking up the oil leases which were the basis of his fortune. I resided in his best guest room, one which had always been occupied previously by Senator Joseph McCarthy when he came to Dallas. Hunt and I settled down to work on the book ‘Alpaca.’After several months of intensive work,the book was completed and I became restless. By this time, Hunt had installed me in an office next to his own, and whenever someone called him, he would say, ‘Why don’t you check with Mullins on that?’ I realized he was only using me for a buffer, but it was a flattering situation for a penniless writer to be referred to as the confidential assistant of the world’s richest man. However, I remained a penniless writer, and he remained the world’s richest man.I began to realize I should be getting back to work on the Pound biography, and one afternoon, I told him I had to return to Chicago. He was completely surprised, and I saw that he was hurt and disappointed by my decision. Nevertheless, I have always thought of him with affection and admiration, and he seemed well disposed toward me on later occasions when I talked to him in Dallas and in New York.Although I knew nothing of it at the time, my association with H. L. Hunt had driven the Jews into a furious campaign of ‘harassment’ against my parents. The conspirators were terrified that Hunt might finance my publications or a political organization, although at the time I had no organization to which he might donate money.I knew that my father had had a serious coronary attack in 1956, but I was not told until years later that the attack had been brought on by a series of vicious interrogations by Army Counter Intelligence Corps agents. My mother later told me they were determined to make my father reveal the names of persons financially supporting my travels and writings. Since no one had ever given me a cent, there was nothing he could tell them, but they refused to believe him.Knowing he had Wednesday afternoons off from the store in which he worked, two agents waited for him in his car. They forced him into the car, drove him to the top of a nearby mountain, and interrogated him for several hours, telling him they were going to throw him off the mountain. At one point, he tried to escape from the car. They knocked him unconscious, drove him back to the store, and left him in the parked car. He finally came to, and drove home. The next day, he had a severe coronary attack, from which he never completely recovered.My parents did not dare tell me these details, out of a desire to protect me, as they knew I would kill someone for these atrocities. Nevertheless, I knew they had been interrogated and I wrote to the Secretary of Defense. I received an answer, admitting that my father had been interrogated, and giving the names of the two men who had interrogated him. Some weeks later, I tried to contact these men in Washington. I was told they had been sent on a mission to Guam, and that the plane had crashed with all aboard being killed. The letter with the men’s names has since disappeared from my files.While I was with H. L. Hunt in Dallas, the FBI began to visit my parents. Their telephone was tapped, and they received harassing telephone calls during the night. The harassment and brutality of this campaign was intended solely to provoke me into some drastic action. I come from mountain people, and we never forget an injury, even if it takes fifty years to wreak our revenge. My temper remained under control only because my parents refused to let me know what was happening to them, and the ADL-FBI provocation failed.Their campaign was intensified, however, and one evening in 1961, my father, whose heart conditions had steadily gotten worse during this harassment, received a telephone call from a known FBI provocateur, ‘We’ve just sent out a national alert to pick your son up.’My father dropped the phone. “They’ve finally got him’ he said to my mother, as he collapsed.He was taken to the hospital where he died of massive heart failure.More than three years went by before my mother told me what had happened.Of course, there had never been an alert, as I have never been arrested by anyone.In ‘My Life in Christ,’ I openly accused Lyndon Johnson, who was then President of America, of murdering my father, although he had only been acting for Herbert Lehman, the Jew who had been supporting his bid for the Presidency.The only outcome of all this was that during Johnson’s Presidency, every copy of my book that I mailed out was destroyed by the Post Office — until I began insuring each copy.Christian Vanguard, 1978
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297 thoughts on “My Struggle against the Jews, by Eustace Mullins”
JB CAMPBELL
June 14, 2013 at 1:20 pm
Mullins’ story is told in A Writ For Martyrs, which shows his redacted FBI file. The terrorist organization also murdered his sister. His file reveals that J. Edgar Hoover plotted to arrest Mullins and put him in an insane asylum outside of Chicago but the US attorney got cold feet when the FBI flubbed the arrest. Hoover feared that Mullins would reveal his homosexuality and racial background. Hoover enlisted killers from the US Army’s CIO to attack Mullins’ family.
MONTECRISTO
June 14, 2013 at 6:32 pm
Thanks for this valuable piece of information.Btw, I’ve no idea why this comment went for monitoring. Unless the word “homoS-E-Xuality” triggered this automatic response.I was recently forced to put the word “S- E-X” in the monitoring box so that anyone who used the word went for automatic monitoring. No, I”m not a prude! This was a desperate attempt to keep out the spam from S E-X and P-O-R-N sites… we’ve been having a lot of such spam getting through recently even though we have a spam filter.Just wondering if the word “homoS-E-Xuality” triggered the response because of the letters S -E X in it…?
MONTECRISTO
June 14, 2013 at 6:32 pm
Thanks for this valuable piece of information.Btw, I’ve no idea why this comment went for monitoring. Unless the word “homoS-E-Xuality” triggered this automatic response.I was recently forced to put the word “S- E-X” in the monitoring box so that anyone who used the word went for automatic monitoring. No, I”m not a prude! This was a desperate attempt to keep out the spam from S E-X and P-O-R-N sites… we’ve been having a lot of such spam getting through recently even though we have a spam filter.Just wondering if the word “homoS-E-Xuality” triggered the response because of the letters S -E X in it…?
ARES
June 17, 2013 at 3:46 am
Eustace Mullins is on youtube, a channel that features his interviews:http://www.youtube.com/watch?v=2h_V-ARe_nE&list=PL87511F04B847C4A2&index=3My favorite quote of his is how he describes how the Jew ruins everything good. Mullins made an outstanding observation about the nature of the parasite, they are in our shit and under our skin always probing and looking for a weakness or way to bring us down. They are not content to let us be, they must always be meddling in our affairs because that is how a parasite behaves.Have you ever noticed that Jews seem to be everywhere, as if being directed by a Jew greater mind? The Jews are everywhere in the matrix positioned to enforce the Jewish mentality on everybody and everything, I have a hunch that Rupert Sheldrake’s Morphogenetic Field theory is correct.They say the legal system is an extension of the Crown, that attorneys are licensed by the Queen. Have you noticed that one of the primary ways wealth is extracted is through the law, fines, taxes, lawsuits, etc. Most trial lawyers are Jewish, but in the engineering fields almost none. I’ve talked to many engineers and some of them have never met a Jewish engineer but the head of the corporations they work for are almost always Jewish. The Jew inhabits the region of money extraction or concentration, not in production, assembly, creating new useful products, almost no Jews in nursing:http://www.davidduke.com/?p=35966What about economics? How often do you see a Jew enumerating economic theory or what the Fed should do next? Have you ever noticed the Jews are always lecturing us on economic theory? Could it be that parasite economics doesn’t work and as they work us over with the latest Jewish economic exploitation model they have to cover for their crime?The Jews wreck economies and nation states and then we see a Jewish talking head on the Jewtube spouting some bullshit why there are no jobs. There are no jobs because the nation is infested with Jews making decisions and passing laws that restrict activity so it benefits the Jews who own. Jews destroy productivity with their schemes, the classic example is Communism. Jewish economic theories will never work because a parasite is writing the theory.The natural state of affairs is abundance, for instance a fruit trees produce abundant fruit. Yes Virginia, food grows for free. The Jew gets involved in the fruit “business” and the next thing you know the apple is poisoned with pesticides, is of high cost, doesn’t taste right, and picked by someone that doesn’t speak your language. The commercialized fruit is now sold by a soulless corporation only interested in profit, bums sift through trash cans trying to get a bite of this fruit.As we are poisoned by Jewish fruit we are told Jewish Bible stories of Adam and Eve in the Garden of Plenty but because of that bitch Eve we were all thrown out and must suffer forever and ever. When are we going to learn that we suffer only because we tolerate the Jew and his bullshit stories about god and creation and how we got to the lack of abundance?Adam and Eve Cartoon what”If Man Obeyed God”:
http://www.youtube.com/watch?v=A_a6RjR_AHYDo you want to live in a world with abundance? Ditch all Jewish economic theories and toss all Jewish economic books into the Marianas Trench and humans will grow all the fruit and prosperity that we no longer imagine.
These problems started when America (controlled by the World Jewish Congress) started the process of deregulating the economy and that includes Wall Street in 1968 when Wall Street people started offering shares of stocks AGAIN to the unsuspecting American public WHICH IS THE SAME THING that happened in the 1920s just before the 1929 Great American Depression and nobody ever bothered and tried to make a protest against such a move because the baby boomers and the politicians at that time have such short memories of the 1929 Great American Depression and tried to forget that bad memory and dark history of America by basking in the prosperity years of the 50s up to the early 60s and as a result the de-regulations that FDR has put into place has been gradually being removed in order to pave the way for the carrion eating vultures of Wall Street Banksters and Oligarchs and Plutocrats to exploit. The Situation is made worse by President Reagan by accelerating the deregulatory process, privatization process, and removing the fair trade tariff-protection policies to stop any destructive outsourcing/offshoring economic suicide long term policies starting in the 1980s by using the nationwide strike of Federal Government Airport Controllers as his excuse just like when Clinton and George Bush had used the Zionist-Jewish False Flag 9/11 Operations to put in their U.S version of Nazi Germany's SS and Gestapo now known as Homeland Security and TSA. In 1979 America produces everything locally that it buys, now it imports 40% to 60% of everything it buys (The Pentagon, knowing from history of what military dangers such an economic policies posses has started scrambling to secure all the local industries it needs to supply it's needs but under complete discreetion using it's black funds). The result is a gradual economic dislocation wherein local high-paying and tax-paying jobs are sent to cheap overseas labor that simultaneously creates enormous profits in the short term but at the expense of destroying the local tax-base because of the loss of these local high-paying and tax-paying jobs that created a mass of workers forced to work in underpaid, non-living wage paying, unstable jobs and with many going on welfare. Result? You have turned high wage earning taxpayers into welfare recipients. Politicians as usual won't admit their mistakes but instead will just cover them up by selling Federal bonds to be used to sustain their unsustainable promised social security economic net and make promises that America will become a self-sufficient service-based economy which will not work because local services can only remain economically viable and profitable if there is a local manufacturing industrial base to service in the first place! If your manufacturing goes overseas, then the services servicing it will follow it overseas also. And as time passes by the cheap, overseas labor will learn how things are manufactured and will start copying and pirating and exporting them at cut throat prices at unsafe and substandard quality, and start setting up their own scientific R&D centers to takeover your own local American scientific R&D centers' activities and functions. And these are the facts that politicians does not want to acknowledge because politicians will never admit that they had made one mistake after the other, and are in the pockets of Wall Street Banksters, Oligarchs, Plutocrats, Royal Families, Supremacists-Racists Zionist-Jewish S.O.Bs and D.O.Bs and Cold-Hearted Lying Politicians who are their evil servants.
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Financial issues are the least of the USA's problems. The Globalists will inform us mid-Sept. 2015 that there is a meteor/asteroid approaching USA & they must use Nuclear Weapons to minimize damage. Yet the asteroid/meteor story is a complete lie! Nuclear weapons will trigger a massive tsunami on the East and West Coast, which will be 100% man made. The event is a False Flag to usher in Marshal Law. Financial topics are irrelevant if we allow them to Nuke the USA.
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GLOBAL WORLD FUTURE EXPLAINED FOR DUMMIES
https://www.youtube.com/watch?v=H3OqZTfIC3Q
What will our future be like? This question is equally interesting to all people living on our planet: residents and presidents.
When Vladimir Putin was asked what gift would you he to have; he said: the gift of foresight. Who can really say what our future will be like? Several decades ago only a few could have imagined such serious organizations like SCO and BRICS, which allow countries and people to discuss their future and the future of our planet.
Globalization is an objective process. Humanity is uniting unstoppably. However, a path and means of this unity could be chosen, hence this process could be governed. -
This guy is just selling gold. He wants your hard earned money in his pocket and in return your bad decision will be his financial gain. His resolution to the finacial meltdown is to get people to make more bad purchases with an already deflating dollar. What a crook!
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