“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, circa 1925
“I see nothing in the present situation that is either menacing or warrants pessimism…
I have every confidence that there will be a revival of activity in the spring,
and that during this coming year the country will make steady progress.” —
Andrew W. Mellon, December 1929, U.S. Secretary of the Treasury
“Sell all of your stock now. Don’t ask any questions.” –
Joseph P. Kennedy to his friend, father of Ed Kerrigan, 1929,
(right before the crash. During the Great Depression, Joseph P. Kennedy’s worth grew
from four million dollars in 1929 to over 100 million dollars in 1935.
Apparently he had insider information and knew what the Federal Reserve intended to do.)
“The Federal Reserve Bank of New York is eager to enter into close relationship
with the Bank for International Settlements….
The conclusion is impossible to escape that the State and Treasury Departments
are willing to pool the banking system of Europe and America,
setting up a world financial power independent of and above the Government of the United States….
The United States under present conditions will be transformed from the most active
of manufacturing nations into a consuming and importing nation with a balance of trade against it.”-
Rep. Louis McFadden – Chairman of the House Committee on Banking and Currency
quoted in the New York Times (June 1930)
“The Federal Reserve definitely caused the Great Depression by contracting
Americas’ money supply by one third between 1929 and 1933.” –
Milton Friedman, Nobel Prize winning economist, Stanford University
“After WWI, Germany fell into the hands of the German International Bankers.
Those bankers bought her and they now own her, lock, stock and barrel.
They purchased her industries, they have mortgages on her soil, they control her production;
they control all her public utilities.
The International German Bankers have subsidized the present government of Germany
and they have also supplied every dollar of the money Adolf Hitler has used in his lavish campaign
to build up a threat to the government of Bruening.
When Bruening fails to obey the orders of the German International Bankers,
Hitler is brought forth to scare the Germans into submission.
Through the Federal Reserve Board over thirty billions of dollars was pumped into Germany…
You have all heard of the spending that has taken place in Germany…
modernistic dwellings, her great planetariums, her gymnasiums, her swimming pools,
her fine public highways, her perfect factories….All this was done with our money.
All this was given to Germany through the Federal Reserve Board.
The Federal Reserve Board has pumped so many billions of dollars into Germany
that they dare not name the total.” –
Rep. Lewis T. McFadden (D PA),
Chairman of the House Banking and Currency Committee, 1931,
(spoken before Congress eight years before Hitler invaded Poland and duly entered
into the Congressional Record.)
((Rep. Louis T. McFadden (R. Pa.) rose from office boy to become cashier
and then President of the First National Bank in Canton Ohio.
For 12 years he served as Chairman of the Committee on Banking and Currency,
making him one of the foremost financial authorities in America.
He fought continuously for fiscal integrity and a return to constitutional government.)
“We have, in this country, one of the most corrupt institutions the world has ever known.
I refer to the Federal Reserve Board.
This evil institution has impoverished the people of the United States
and has practically bankrupted our government.
It has done this through the corrupt practices of the moneyed vultures who control it.” –
Congressman Louis T. McFadden in 1932
“The real truth of the matter is, as you and I know, that a financial element in the larger centers
has owned the Government ever since the days of Andrew Jackson.” –
Franklin D. Roosevelt in a letter written to Colonel House, November 21st, l933
“Thus, our national circulating medium is now at the mercy of loan transactions of banks,
which lend, not money, but promises to supply money they do not possess.” –
100% Money, Irving Fisher, 1935, American economist
“Throughout the first half of the nineteenth century, the (Rothschild) brothers conducted
important transactions on behalf of the governments of England, France, Prussia, Austria, Belgium,
Spain, Naples, Portugal, Brazil, various German states and smaller countries.
They were the personal bankers of many of the crowned heads of Europe.
They made large investments, through agents, in markets as distant as the United States,
India, Cuba and Australia.” –
G. Edward Griffin, American political commentator, writer and documentary filmmaker.
“By remaining behind the scenes, they (the Rothschilds) were able to avoid the brunt of public anger
which was directed, instead, at the political figures which they largely controlled.
This is a technique which has been practiced by financial manipulators ever since,
and it is fully utilized by those who operate the Federal Reserve System today.” –
G. Edward Griffin, (born November 1931),
American political commentator, writer and documentary filmmaker.
“We are completely dependent on the commercial banks.
Someone has to borrow every dollar we have in circulation, cash, or credit.
If the banks create ample synthetic money we are prosperous; if not, we starve.
We are absolutely without a permanent money system.
When one gets a complete grasp of the picture,
the tragic absurdity of our hopeless position is almost incredible, but there it is.
It [the banking problem] is the most important subject intelligent persons can investigate and reflect upon.
It is so important that our present civilization may collapse unless it becomes widely understood
and the defects are remedied very soon.” –
Robert H. Hemphill, circa 1939, Credit Manager, Federal Reserve Bank in Atlanta
“Money is the most important subject intellectual persons can investigate and reflect upon.
It is so important that our present civilization may collapse unless it is widely understood
and its defects remedied very soon.” –
Robert H. Hemphill, circa 1939, former credit manager, Federal Reserve Bank of Atlanta
“Bankers own the earth; take it away from them but leave them with the power to create credit;
and, with a flick of a pen, they will create enough money to buy it back again…
If you want to be slaves of bankers and pay the cost of your own slavery,
then let the bankers control money and control credit.”-
Sir Josiah Stamp, Director, Bank of England, 1940
“You have to choose [as a voter] between trusting to the natural stability of gold
and the natural stability of the honesty and intelligence of the members of the Government.
And, with due respect for these gentlemen,
I advise you, as long as the Capitalist system lasts, to vote for gold.” –
George Bernard Shaw, 1856-1950
“In the United States today, we have two governments.
We have the duly constituted government and then we have and independent, uncontrolled
and uncoordinated government in the Federal Reserve System operating the money powers
which are reserved for Congress by the Constitution.” –
Rep. Wright Patman, 1893-1976
(Congressman Wright Patman was Chairman of the House of Representatives Committee
on Banking and Currency for 40 years.
For 20 of those years, he introduced legislation to repeal the Federal Reserve Banking Act of 1913. )
“I am concerned for the security of our great nation; not so much because of any threat from without,
but because of the insidious forces working from within.”-
General Douglas MacArthur, 1880-1964
“The banks do create money.
They have been doing it for a long time, but they didn’t quite realize it, and they did not admit it.
Very few did. You will find it in all sorts of documents, financial textbooks, etc.
But in the intervening years, and we must all be perfectly frank about these things,
there has been a development of thought, until today I doubt very much whether you would get
many prominent bankers to attempt to deny that banks create credit.”-
H. W. White, 1955, Chairman of the Associated Banks of New Zealand,
to the New Zealand Monetary Commission.
“The Federal Reserve Bank is nothing but a banking fraud and an unlawful crime against civilization.
Why? Because they “create” the money made out of nothing,
and our Uncle Sap Government issues their “Federal Reserve Notes”
and stamps our Government approval with NO obligation whatever from these Federal Reserve Banks,
Individual Banks or National Banks, etc.”- American Mercury, H.L. Birum, Sr., August 1957
“The invisible Money Power is working to control and enslave mankind.
It financed Communism, Fascism, Marxism, Zionism, Socialism.
All of these are directed to making the United States a member of a World Government.”-
American Mercury Magazine, December 1957
“Most Americans have no real understanding of the operations of the international moneylenders…
the accounts of the Federal Reserve have never been audited.
It operates outside the control of Congress and … manipulates the credit of the United States”-
Sen. Barry Goldwater, circa 1964
“The powers of financial capitalism had (a) far-reaching aim, nothing less than to create
a world system of financial control in private hands able to dominate
the political system of each country and the economy of the world as a whole.
This system was to be controlled in a feudalist fashion by the central banks of the world
acting in concert, by secret agreements arrived at in frequent meetings and conferences.
The apex of the systems was to be the Bank for International Settlements in Basel,
Switzerland; a private bank owned and controlled by the world’s central banks
which were themselves private corporations.
Each central bank…sought to dominate its government by its ability to control Treasury loans,
to manipulate foreign exchanges, to influence the level of economic activity in the country,
and to influence cooperative politicians by subsequent economic rewards in the business world.”-
Tragedy and Hope:
A History of The World in Our Time, Professor Carroll Quigley of Georgetown University, 1966
(highly esteemed by his former student, William Jefferson Blythe Clinton)
“[The] abandonment of the gold standard made it possible for the welfare statists
to use the banking system as a means to an unlimited expansion of credit….
In the absence of the gold standard, there is no way to protect savings
from confiscation through inflation. There is no safe store of value.
If there were, the government would have to make its holdings illegal,
as was done in the case of gold….
The financial policy of the welfare state requires that there be no way
for the owners of wealth to protect themselves….
[This] is the shabby secret of the welfare statist’s tirades against gold.
Deficit spending is simply a scheme for the ‘hidden’ confiscation of wealth.
Gold stands in the way of this insidious process. It stands as a protector of property rights.” –
Alan Greenspan, in an article he wrote in 1966, before he became head of the Fed
“David Rockefeller is the most conspicuous representative today of the ruling class,
a multinational fraternity of men who shape the global economy and manage the flow of its capital.
Rockefeller was born to it, and he has made the most of it.
But what some critics see as a vast international conspiracy, he considers a circumstance of life
and just another day’s work…
In the world of David Rockefeller it’s hard to tell where business ends and politics begins” –
Bill Moyers, White House Press Secretary, July 8, 1965 – January 1967
“How pale is the art of sorcerers, witches, and conjurors when compared
with that of the government’s Treasury Department!” . . .
“The governments alone are responsible for the spread of the superstitious awe
with which the common man looks upon every bit of paper upon which the treasury or agencies
which it controls have printed the magical words legal tender.” –
Ludwig von Mises, 1881-1973
Austrian economist, philosopher,
and a major influence on the modern libertarian movement.
“The depression was the calculated ‘shearing’ of the public by the World Money powers,
triggered by the planned sudden shortage of supply of call money in the New York money market….
The One World Government leaders and their ever close bankers have now acquired full control
of the money and credit machinery of the U.S.
via the creation of the privately owned Federal Reserve Bank.” -
“My Exploited Father-in-Law,” Curtis Dall, 1970, son-in-law to FDR
“Banks lend by creating credit. They create the means of payment out of nothing.”
– Ralph M. Hawtrey, 1879-1975, former Secretary of Treasury, England.
“Every circulating FRN (Federal Reserve Note)
represents a one dollar debt to the Federal Reserve System.” –
Money Facts, circa 1970, House Banking and Currency Committee
“When you or I write a check there must be sufficient funds in our account to cover the check,
but when the Federal Reserve writes a check there is no bank deposit on which that check is drawn.
When the Federal Reserve writes a check, it is creating money.” –
“Putting It Simply”, circa 1970, Federal Reserve Bank, Boston
“The process by which banks create money is so simple that the mind is repelled.”
- “Money: Whence it came, where it went”, John K. Galbraith, 1975
“Neither paper currency nor deposits have value as commodities, intrinsically;
a ‘dollar’ bill is just a piece of paper. Deposits are merely book entries.” –
Modern Money Mechanics Workbook, Federal Reserve Bank of Chicago, 1975
“The drive of the Rockefellers and their allies is to create a one-world government
combining super capitalism and Communism under the same tent, all under their control….
Do I mean conspiracy?
Yes I do. I am convinced there is such a plot, international in scope,
generations old in planning, and incredibly evil in intent.”-
Congressman Larry P. McDonald, 1976,
killed in the Korean Airlines 747 that was shot down by the Soviets
“I have never seen more Senators express discontent with their jobs…
.I think the major cause is that, deep down in our hearts, we have been accomplices
in doing something terrible and unforgivable to our wonderful country.
Deep down in our heart, we know that we have given our children a legacy of bankruptcy.
We have defrauded our country to get ourselves elected.”-
John Danforth, circa 1980
“The study of money, above all other fields in economics, is one in which complexity is used
to disguise truth or to evade truth, not to reveal it.” –
John Kenneth Galbraith, circa 1990, one of America’s most famous economists
“American history in the twentieth century has recorded the amazing achievements
of the Federal Reserve bankers.
First, the outbreak of World War I, which was made possible by the funds available
from the new central bank of the United States.
Second, the Agricultural Depression of 1920.
Third, the Black Friday Crash on Wall Street of October, 1929 and the ensuing Great Depression. Fourth,
World War II. Fifth, the conversion of the assets of the United States
and its citizens from real property to paper assets from 1945 to the present,
transforming a victorious America and foremost world power in 1945 to the world’s largest debtor nation in 1990.
Today, this nation lies in economic ruins, devastated and destitute, in much the same dire straits
in which Germany and Japan found themselves in 1945.
Will Americans act to rebuild our nation, as Germany and Japan have done
when they faced the identical conditions which we now face–
or will we continue to be enslaved by the Babylonian debt money system
which was set up by the Federal Reserve Act in 1913 to complete our total destruction?
This is the only question which we have to answer, and we do not have much time left to answer it.” –
Secrets of the Federal Reserve, Eustace Mullins, 1991
“The Federal Reserve System is not Federal; it has no reserves; and it is not a system at all,
but rather, a criminal syndicate.” –
Eustace Mullins, author of Secrets of the Federal Reserve, 1991
“In a small Swiss city sits an international organization so obscure and secretive….
Control of the institution, the Bank for International Settlements,
lies with some of the world’s most powerful and least visible men: the heads of 32 central banks,
officials able to shift billions of dollars and alter the course of economies at the stroke of a pen.”-
Keith Bradsher, New York Times, August 5, 1995
“Who controls the money, controls the world.” –
Henry Kissinger, circa 1995, Council on Foreign Relations
“Lord Rothschild had access to all manner of leaders and experts.
He was responsible only to the Prime Minister and answerable to neither the
electorate nor the civil service chiefs.”-
Derek Wilson, circa 1995, leading biographer and author
“The dollar has clearly been abandoned and foreigners are starting to bail
from dollar-denominated assets in droves.
This is where bailouts, and the hyperinflationary destruction of the dollar that comes with them,
are leading us, along with miniscule bond rates caused by continual flights to “security”
as everyone flees in terror due to rapidly deteriorating market conditions caused by subprime fallout,
over-leveraged speculation, fraudulent lending and borrowing,
lack of oversight, transparency and confidence, frozen credit markets,
an out-of-control money supply, profligate borrowing and spending,
as well as an economy destroyed in less than two decades by globalization, free trade,
off-shoring, outsourcing, unrestrained illegal immigration,
insane wars for profit and the rampant inflation and unemployment that come from a completely,
totally and malevolently mismanaged economy thanks to the reprobates
and sociopaths that run the Fed and our government.”
Bob Chapman, International Forecaster, 2008
“From the earliest days, the Rothschilds appreciated the importance of proximity to politicians,
the men who determined not only the extent of budget deficits but also the domestic and foreign policies…” -
Niall Ferguson, 2008,
Professor of History at Harvard University and William Ziegler Professor at Harvard Business School.
“Wake up you idiots! Whatever made you think paper was so valuable?” –
Galapagos, Kurt Vonnegut, 2009