The Federal Reserve
“Anyone seeking to prove the existence of conspiracies in America needs look
no further than the origin of our present central bank. Here is a well
documented conspiracy involving the very names tied to modern secret
Jim Marrs, “Rule by Secrecy” (68)
“Somebody is using us. The business of banking was set up in the year 1099.
An income tax form is a 1099. Who decided on that? Think about it.”
Maxwell, “Matrix of Power”
When a country centralizes banking, it concentrates an enormous amount
wealth into a single institution, works mainly to make the rich richer, and
government to control from foreign interests.
As Bill Clinton’s mentor Dr.
Carroll Quigley wrote:
"The powers of financial capitalism had another 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 private meetings
The apex of the system was the
Bank for International
Settlements in Basle, Switzerland; a private bank owned and controlled by
the worlds' central banks which were themselves private corporations. The
growth of financial capitalism made possible a centralization of world
economic control and use of this power for the direct benefit of financiers
and the indirect injury of all other economic groups."
With institutions like
World Bank along with new Union currencies
like the EU Euro and the new “Amero” further consolidating and centralizing
the world’s banking/currency, the amount of global influence these
international bankers have on world economies and politics is extraordinary.
Their method of control is just like a loan-shark or the mafia. Firstly to
qualify for loans, desperate nations are forced into pawning mines,
railways, forests, power or water companies.
Then to pay off the loans
nations are forced to do things like ignore environmental laws, lower
wages/cut back on education or health care, and privatize/sell off their
resources to crooked corporations like Enron and Exxon.
Whenever these poor countries cannot pay off the loans, the “generous”
international bankers simply give new, higher-interest loans to pay off the
old ones, further indebting/enslaving the nation.
"Let me issue and control a nation’s money and I care not
who writes the laws.”
More recently, Richard McKenna, former President of
Midlands Bank of England said,
“Those that create and issue the money and
credit direct the policies of government and hold in their hands the destiny
of the people.”
“It is a well known fact that international bankers have financed nations to
fight against each other. Where do you think the countries get their money
to buy tanks, guns, uniforms, etc., to arm their nation for war? They borrow
from international bankers. International bankers have financed both sides
of countries at war with each other.
They don't care who wins, because while
the nations are borrowing huge amounts of money to kill each other,
international bankers make huge amounts on money from the interest charges
that they make each nation pay. They also have the power to control the
outcome of the war by simply cutting off the flow of money they lend.
under the threat of war, international bankers have used their power to gain
or increase control over governments. By keeping a nation in debt they are
in a position to demand a voice in the government affairs of the nation.
Another goal which they have already achieved is to control all the world's
Alex Christopher, “Pandora’s Box – The Ultimate Unseen Hand Behind the New
World Order,” (146)
"I sincerely believe that banking establishments are more dangerous than
standing armies … If the American people ever allow the private banks to
control the issue of their currency, first by inflation, then by deflation,
the banks and the corporations that grow up around them will deprive the
people of all property until their children wake up homeless on the
continent their fathers conquered.”
Despite Jefferson’s warnings, in 1791 Alexander Hamilton, the Secretary of
the Treasury, pushed a Congressional charter through to create the First
Bank of the United States which stood for 20 years until 1811 when President
James Madison and Vice President George Clinton refused to sign/renew the
“History records that the money changers have used every form of abuse,
intrigue, deceit, and violent means possible to maintain their control over
governments by controlling the money and its issuance.”
only 5 years later, still under Madison’s Presidency, in 1816 he signed the
charter for the second national bank. Such hypocritical action raised
suspicion of bribe or blackmail at work behind the scenes.
Andrew Jackson said in a speech addressing the central bankers,
are a den of vipers and thieves. I intend to rout you out and by the Eternal
God, I will rout you out … if people only understood the rank injustice of
the money and banking system, there would be a revolution by morning.”
President for the next 8 years Jackson worked to abolish the federal charter
of the Second Bank of the U.S. In 1835 an attempt was made on his life. The
would be assassin, Richard Lawrence, pointed two pistols at Jackson, pulled
the triggers, and miraculously both misfired.
Jackson immediately proceeded
to beat Lawrence with his cane. Lawrence would later tell police he wanted
to kill Jackson because “money would be more plenty” for him and that he
“could not rise until the President fell.”
He said the American government
owed him a large sum of money, but Andrew Jackson was preventing him from
receiving it. This is most definitely a reference to Andrew Jackson’s
struggles with the Central Bank, which was the obvious motivation for such
an attempt on his life.
In 1836 Jackson succeeded in abolishing the second
national bank, stating,
“The bold effort the present bank had made to
control the government are but premonitions of the fate that await the
American people should they be deluded into a perpetuation of this
institution or the establishment of another like it.”
Fortunately we were
not deluded into the perpetuation of that second national bank, but
unfortunately, we were tricked into the establishment of another much worse
From 1837 – 1863 was a period of free banking in America during which only
state-chartered banks existed and the values of silver and gold were very
stable. In 1863 the Rothschild interests had succeeded in forcing a bill
through Congress via their insider Treasury Secretary Salmon P. Chase. He
passed the National Banking Act, once again creating a federally chartered
central bank, one with the power to print and issue paper money.
At the time
President Abraham Lincoln fought against the central bankers and said:
money power preys upon the nation in time of peace and conspires against it
in times of adversity. It is more despotic than monarchy, more insolent than
autocracy, more selfish than bureaucracy. I see in the near future a crisis
approaching that unnerves me, and causes me to tremble for the safety of our
country. Corporations have been enthroned, an era of corruption will follow,
and the money power of the country will endeavor to prolong its reign by
working upon the prejudices of the people, until the wealth is aggregated in
a few hands, and the republic is destroyed.”
He was shot and killed shortly
after on May 22nd, 1864.
From 1864 – 1913 the National Banking Act and the Civil War all but forced
the majority of America’s banks to become nationalized.
The effort to create
U.S. central bank began in 1873 when the bloodline international banking
cartel engineered the first of three financial panics which they used to
scare the public into accepting the Federal Reserve.
"A study of the panics of 1873, 1893 and 1907 indicates that these panics
were the result of the international bankers' operations in London. The
public was demanding in 1908 that Congress enact legislation to prevent the
recurrence of artificially induced money panics."
Eustace Mullins, “Secrets
of the Federal Reserve”
In 1881 President Garfield was assassinated less
than four months after taking office. He was another anti-banking
establishment President, who took action and spoke out against them. He was
“coincidentally” shot and killed shortly after declaring:
“Whosoever controls the volume of money in any country is absolute master of
all industry and commerce … And when you realize that the entire system is
very easily controlled, one way or another, by a few powerful men at the
top, you will not have to be told how periods of inflation and depression
The next Presidential assassination happened 20 years later when
a supposed “anarchist” shot William McKinley twice at pointblank range. Once
again, McKinley was a strong supporter of the gold standard and helped pass
the Gold Standard Act of 1900 less than a year before his death.
On November 22nd, 1910, seven of the richest men in the world met at J.P.
Morgan’s personal island retreat off the coast of Georgia called “Jekyll
The 7 men were Frank A. Vanderlip, Abraham Piatt Andrew, Henry P.
Davidson, Charles D. Norton, Benjamin Strong, Paul Moritz Warburg, and
Nelson W. Aldrich. Behind these men stood the banking/investment interests
of the Rockefellers, Rothschilds, Schiffs, Morgans, and Warburgs. The 7
Jekyll Island conspirators met for 7 days and planned a series of radical
banking reforms necessary to create
the Federal Reserve.
When the media learned about the Jekyll Island meetings, the bankers all
claimed they were out duck hunting.
Later in life, however, conspirator and
president of NY National City Bank, Frank A. Vanderlip admitted otherwise
when he wrote:
"There was an occasion near the close of 1910, when I was as
secretive, indeed, as furtive as any conspirator ... I do not feel it is any
exaggeration to speak of our secret expedition to Jekyll Island as the
occasion of the actual conception of what eventually became the Federal
Woodrow Wilson had said of the earlier three financial
"All this trouble could be averted if we appointed a committee
of six or seven public spirited men like J. P. Morgan to handle the affairs
of our country."
And that is exactly what happened.
"So the American people, who had suffered through the American Revolution,
the War of 1812, the battles between Andrew Jackson and the Second Bank of
the United States, the Civil War, the previous panics of 1873 and 1893, and
now the Panic of 1907, were finally conditioned to the point of accepting
the solution offered by those who had caused all of these events: the
international bankers. That solution was a central bank.”
“These men concluded not to have one central bank in the United States, but
several and they agreed that no one was to utter the words ‘central’ or
‘bank.’ Most important, they decided that this creation would be made to
look like an official agency of the U.S. government.”
Jim Marrs, “Rule By Secrecy” (73)
They called it the Federal Reserve, but it is neither federal nor a reserve.
It is about as federal as Federal Express, and as much a reserve as American
Indian reservations. It is a network of banks (5 originally, now 12), headed
at the New York branch, all of them privately owned, but made to appear like
an official government agency.
The original stockholders of the Federal
Reserve were Rockefellers, Rothschilds, Warburgs, Russells, Morgans,
Peabodys, and Reynolds all Illuminati families.
“The Federal Reserve Bank of New York was controlled by five banks which
owned 53% of its stock. These five banks were controlled by Nathan M.
Rothschild & Sons of London. Control over the U.S. Fed is basically control
over the world’s money. That fact alone shows how immense the Rothschild
Power is. If one examines who has been appointed to head the Fed, and to run
it, the connections of the "Federal" Reserve System to the Rothschilds can
further be seen.
Another private enterprise using the name Federal that the Rothschilds also direct is Federal Express. Any one else might be taken to
court for making their businesses sound like they are government, not the
Rothschilds. It is appropriate for them to appropriate the name of Federal,
because by way of MI6 via the CIA they instruct the U.S. government.
Senators are bought and paid off by their system, as investigators of the
BCCI are discovering.”
–Fritz Springmeier, “Bloodlines of the Illuminati”
In 1913 in an effort to pacify dissenters, the conspirators preplanned a
fake opposition to their central bank scheme.
House Banking and Currency
Committee chairman Carter Glass wrote what was promoted as an alternative
solution, the Federal Reserve Act.
“Jekyll Island planners Vanderlip and Aldrich spoke out venomously against
Glass's bill, even though entire sections were identical to the Aldrich
Plan. It was clearly an effort to garner public support for the Glass bill
by the appearance of banker opposition … The appearance of opposition by
Wall Street was necessary. William McAdoo, Wilson's son-in-law who was
appointed secretary of the Treasury, later revealed, ‘Bankers fought the . .
. Federal Reserve Act with the tireless energy of men fighting a forest
They said it was populistic, socialistic, half-baked, destructive,
infantile, badly conceived and unworkable.’ However, McAdoo said in
interviews with these bankers, ‘I perceived gradually, through all the haze
and smoke of controversy, that the banking world was not really as much
opposed to the bill as it pretended to be....’ Wilson signed the Federal
Reserve Act on December 23, 1913, just two days before Christmas with some
Congressmen already home for the holidays and with the average citizen's
attention clearly elsewhere.”
Jim Marrs, “Rule by Secrecy” (735)
In 1913 Congressman
Lindbergh warned that the Federal Reserve System,
“establishes the most gigantic trust on earth. When the President signs this
act, the invisible government by the monetary power will be legitimized. The
new law will create inflation whenever the trusts want inflation. From now
on, depressions will be scientifically created.”
After the bankers finished profiting from the world war, they decided to
cause an economic depression in the U.S. so that they could further buy up
the market, further expand government, and further control the American
people. Creating booms, busts, recessions and depressions is completely
scientific when you decide the
amount of money printed and circulated.
NobelPrize winning economist, Milton Freidman said,
“The Federal Reserve
definitely caused the Great depression by contracting the amount of currency
in circulation by one-third from 1929 to 1933.”
“To think that the Crash of 1929 was an accident or the result of stupidity
defies all logic. The international bankers who promoted the inflationary
policies and pushed the propaganda which pumped up the stock market
represented too many generations of accumulated expertise to have blundered
into the Great Depression …It was the game of boom and bust, using economic
crisis to consolidate political power at the top where it can be most easily
The major cause of the economic collapse was the deliberately
created credit inflation by the Federal Reserve. In six years it had
inflated the money supply by sixty-two %, inducing market speculations and
unwise investments by middle Americans who were being set up for a shearing.
When the shearing came, the sheep took a realistic look at their economy and
panicked. Optimism was replaced by economic despair; despair produced a
willingness to accept a major expansion of government controls over the
Gary Allen, “The Rockefeller File”
During the depression Congressman Louis
T. McFadden was a very outspoken voice against the Federal Reserve.
Regarding the Great depression he said,
“It was not accidental. It was a
carefully contrived occurrence … The international bankers sought to bring
about a condition of despair here so that they might emerge as rulers of us
In 1932 he said,
“We have in this country one of the most corrupt
institutions the world has ever known. I refer to the Federal Reserve Board
and the Federal Reserve Banks. The Federal Reserve Board has cheated the
people of the United States out of enough money to pay the national debt
three 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 the law by the
Federal Reserve Board, and through the corrupt practices of the moneyed
vultures who control it.”
Proceeding McFadden’s activism he received a series of death threats, and
then died of food poisoning shortly after under suspicious circumstances.
"The real truth of the matter is that a financial element in the large
centers has owned the government since the days of Andrew Jackson" US
President Franklin D. Roosevelt, 1933
“Once Inflation or Deflation has been documented, the government economists
point with pride at the supposed perpetrators: the public. They never direct
their attention at the real culprit in America: the privately owned Federal
Reserve System. This private banking establishment has complete control over
the quantity of money in circulation. Therefore, they have the ability to
create Inflation or Deflation whenever they choose to do so.”
Epperson, “The New World Order” (243)
Since the Great depression, the Federal Reserve bankers have continued to
manipulate the market for their own gain and done so through periodic
planned market plunges after which they buy up all they can. In 193637 Stock
prices plummeted 50%, in 1948 dropped 16%, in 1953 down 13%, 195657 down 13%
and late in 57 down another 19%. It has continued like this every few years
In 1963, President Kennedy passed Executive Order 11110 which stripped the
Federal Reserve from its power to loan money to the U.S. government. It also
called for the printing of $450 Billion dollars in U.S. backed Debt Free
currency and gave the Treasury Department the authority to issue silver
certificates against the treasury’s silver holdings. Six months after this
JFK was killed.
As soon as his successor, Lyndon Johnson took office, the
first thing he did was suspend the printing of JFK’s silver certificates,
and took them out of circulation.
“It’s money out of thin air. It’s the secrecy of it all that’s so bad. The
ownership is by members of all the banks. It is something Congress created.
The first central/national bank was created by Alexander Hamilton and
Jefferson got rid of it, the second one was gotten rid of by Andrew Jackson,
and I’m just looking forward to being the president that gets rid of the
third national bank.”
Congressman Dr. Ron Paul, Presidential campaign speech
in New Hampshire, Jan. 6th, 2008
“Do you remember the television show called Mission Impossible? If you ever
see a rerun, watch the opening of the show very closely. What will come up
on the screen will be the insignia IMF supposedly standing for the
"Impossible Mission Force." The impossible mission force, the IMF, the
International Monetary Fund. What were they always doing on the show?
were always tricking leaders out of positions of authority, assassinating
somebody, helping people escape, or doing some other dirty deal, all in a
war for power. Whose power? Of course, they were always working for some
government, but the agents are not supposed to know who that is for sure.
They just do their jobs, not knowing who's really hired them. The "IMF" just
sends them out on as mission that they must perform, at all costs. And if
anyone should find out who's really pulling the strings, then the agents are
told that "we are going to disavow any connection to you." Well, that is the
The International Monetary Fund, which is the power behind the Federal
Reserve System, which is raping our country and destroying our economy. And
these guys are doing it right in front of you, telling you what they are
doing, but we just don't see it, Even after they spell it out for us on
television. They are even making comedies about it, like Get Smart. On one
side you have Chaos, and the other side you have Control. And when you watch
the show closely, and ignore the foolishness, it is easy to see that the
same operation is running both sides.
Creating chaos, then rushing in to
'control' it, in order to accomplish an agenda. That is how it has always
been done. GET SMART! They are telling you something.”
Matrix of Power
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