Money as debt
Date: Sunday, February 08, 2009 @ 14:02:04 GMT Topic: General
A brilliant short film (~ 50 min) by Paul Grignon. "Only the small secrets need to be protected. The big ones are kept secret by public incredulity." - Marshall McLuhan, media "guru".
"The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banking was conceived in iniquity and was born in sin. Bankers own the earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen they will create enough money to buy it back again. However, take this great power away from them, and all great fortunes like mine will disappear, and they ought to disappear, for then this would be a better and happier world to live in. But, if you wish to remain the slaves of Bankers and pay the cost of your own slavery, then let them continue to create money and control credit." ... Sir Josiah Stamp - Director, Bank of England 1928-1941
It's a strange system and it's not in our best interests
One of the last things John F. Kennedy did before he was assassinated was declare his intention to reform the central banking system of the United States.
No connection between these two events?
Congressman Louis McFadden, Chairman of the House Banking and Currency Committee from 1927-33, opposed the Federal Reserve System. There were three reported attempts on his life before he finally died of "heart failure."
Here's what he said about the Federal Reserve from the floor of Congress:
"Mr. Chairman, 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, hereinafter called the Fed.
The Fed has cheated the Government of these United States and the people of the United States out of enough money to pay the Nation's debt. The depredations and iniquities of the Fed has cost enough money to pay the National debt several times over.
This evil institution has impoverished and ruined the people of these 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 mal-administration of that law by the Fed and through the corrupt practices of the moneyed vultures who control it."
Source: http://www.brasschecktv.com/page/135.html
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