Money as Debt Money as Debt 2 http://www.veoh.

com/browse/videos/category/activism_non_profit/watc h/v18776757MtqFwaGf Whoever controls the volume of money in our country is absolute master of all industry and commerce...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 originate. ~James Garfield, 20th President Assassinated, 1881 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. The privilege of creating and issuing money is not only the supreme prerogative of Government, but it is the Government’s greatest creative opportunity. By adoption of these principles, the long-felt want for a uniform medium will be satisfied. The taxpayers will be saved immense sums in interest, discounts, and exchanges. The financing of all public enterprise, the maintenance of stable government and ordered process, and the conduct of the Treasury will become matters of practical administration. The people can and will be furnished with a currency as safe as their own Government. Money will cease to be master and become the servant of humanity. Democracy will rise superior to the money power. Abraham Lincoln assassinated, 1865

-James Madison If congress has the right under the Constitution to issue paper money. one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion.Collected quotes of great men on our financial system History records that the money changers have used every form of abuse. -Andrew Jackson Issue of currency should be lodged with the government and be protected from domination by Wall Street. We are opposed to. . but a Government by the opinion and duress of a small group of dominant men. Roosevelt (in a letter to Colonel House. dated November 21.Theodore Roosevelt Despite these warnings. intrigue.. that a financial element in the large centers has owned the government ever since the days of Andrew Jackson. as you and I know.provisions [which] would place our currency and credit system in private hands. 1933) Lord Acton: "The issue which has swept down the Centuries.. We have come to be one of the worst ruled.. deceit. Our system of credit is concentrated. and all our activities are in the hands of a few men. A few years later he wrote: "I am a most unhappy man. I have unwittingly ruined my country. and violent means possible to maintain their control over governments by controlling money and its issuance. and must . not to be delegated to individuals or corporations. therefore. The growth of the nation.. A great industrial nation is controlled by its system of credit." -Woodrow Wilson The real truth of the matter is. it was given them to use themselves. -Franklin D. no longer a Government by conviction and the vote of the majority. Woodrow Wilson signed the 1913 Federal Reserve Act.

" Former Navy Secretary John Lehman: "Power corrupts.” ." [Why would the superclass want to give it up?] “Let me issue and control a nation's money and I care not who makes its Laws..against their brethren the Jews. former Director. vineyards.7 “Misunderstandings about money have been and continue to be intentional... neither is it in our power to redeem them for other men have our lands and our vineyards.. and absolute power corrupt absolutely.. Prime Minister. . I believe there would be a revolution before tomorrow morning. the United States should be compelled to pay.. and houses that we might buy corn because of the dearth. Bank of England ”Can anything be more absurd than that a nation should apply to an individual (Rothschild) to maintain its credit." . but leave them the power to create money and control credit.Power tends to corrupt..” BENJAMIN DISRAELI..interest.and lo.. Take it away from them... that for the loan of (its) own money. 9-13-1937 “And there was a cry of the fought . for if they did.” EZRA POUND economist “It is well enough that people of the nation do not understand our banking and monetary system...HENRY FORD “Henry Ford thinks it's stupid and so do I. and with a flick of a pen they will create enough to buy it back. BERNARD BARUCH. and its comfort as a people....” BIBLE: NE: 5:1.....sooner or later -is the people versus the banks.we have mortgaged our lands. Great Britain “All wars are economic in their origin”. and with its credit its existence as an empire. They derive neither from the nature of money nor from any stupidity of the public.Sir Josiah Stamp.” ANSELM MEYER ROTHSCHILD (owners of major banks including the Bank of England) "Bankers own the earth.... before Nye Committee.the International Usurocracy aims at preserving intact the public's ignorance of the Usurocratic System and its workings.some of our daughters are brought into bondage already. we bring into bondage our sons and our daughters to be servants. Absolute power is kind of neat.

1935 ”The government should create.” ABRAHAM LINCOLN (one of the seven US Presidents assassinated after taking issue with the issuance of money by the bankers vs the people) ”Some people think Federal Reserve Banks are United States government institutions. They are private credit monopolies which prey upon the people of the United States for the benefits of themselves and their foreign customers.commercial banks and [privately owned] Federal Reserve .S. or they actually create. immorally.. and rich and predatory money lenders. "U. foreign and domestic speculators and swindlers. issue and circulate all currency and credit needed to satisfy the spending power of Government and the buying power of consumers... Chairman Board of Governors. 1946 ”No one has the right to be a moneylender save him who has it to lend. a billion dollars. The privilege of creating and issuing money is the supreme prerogative of Government…. or bank deposits. They are not Government institutions. It's new money. EDISON. When the banks buy a billion dollars of Government bonds as they are offered. how do you get the money to buy those two billions of government securities? ECCLES: We created it. 1941 “When a bank makes a loan it simply adds to the borrower's deposit account in the bank. U.” HOUSE BANKING AND CURRENCY COMMITTEE hearing. News & WR". CA-D. it was not previously paid into the bank by anyone.S.The money is not taken from anyone else's deposit.create all the money of this nation.why must we pay interest to money-brokers for the use of our own money!” THOMAS A. by a bookkeeping entry. FED. Congress.. created by the bank for the use of the borrower. In that dark crew of financial pirates there are those who would cut a man's throat to get a dollar out of his . PATMAN: Out of what? ECCLES: Out of our right to issue credit money. For every newly created dollar dilutes to some extent the value of every other dollar already in circulation. They debit their Government bond account a billion dollars. Eccles.. 8-31-59 “In purchasing offerings of Government bonds the banking system as a whole creates new money.” SEC'Y TREASURY ANDERSON. re Congress borrowing from FED “The banks .” JERRY VOORHIS.” MARRINER ECCLES. and ridiculously the power to tax the people... Which means that private banks exercise unconstitutionally.People who will not turn a shovel of dirt nor contribute a pound of material will collect more money from the United States than all the people who supply all the material and do all the work. and the nation and its people pay interest on every dollar of that newly created money.” THOMAS JEFFERSON ”PATMAN: Mr.the banks credit the deposit account of the Treasury with a billion dollars.

one of the most completely controlled and dominated governments in the civilized world. when he realized his gigantic mistake in supporting the Banksters with the Federal Reserve Act in 1913. Wealth." Thomas Jefferson wrote: "The Central Bank is an institution of the most deadly hostility existing against the principles and form of our Constitution Felix longer a government of free opinion. the distress it had wantonly allow it to become a source of revenue to private issuer's is to create.. therefore. The "money power" which has been able to overshadow ostensibly responsible government is not the power of the merely ultra-rich but is nothing more or less than a new technique to destroy money by adding and withdrawing figures in bank ledgers.that will permit them to cover up their past misdeeds and set again in motion their gigantic train of crime.. a rival power strong enough to ultimately overthrow all other forms of government. 1916.but a government by the opinion and duress of small groups of domineering men. and all of our activities are in the hands of a few men.” PRESIDENT WOODROW WILSON.. Sr. wrote: "The bold effort the present bank had made to control the government.” CHARLES LINDBERGH. When the President signs this bill the invisible government by the Monetary Power will be legalized. The growth of the nation.” Dr..S.” (10 June 1932) Congressman Louis T. last.the worst legislative crime of the ages is perpetrated by this banking and currency bill. there are those who send money into states to buy votes to control our legislation. without the slightest concern for the interests of the community or the real role money ought to perform therein. McFadden “Our money system is nothing better than a confidence trick..pocket.. U. Our system of credit is concentrated. The caucus and party bosses have again operated and prevented the people from getting the benefit of their own government.. a secret and illicit arm of government and. Nobelist. “This [Federal Reserve] Act establishes the most gigantic trust on earth. Virtual Wealth & Debt “A great industrial nation is controlled by its system of credit.... FRED SODDY. and there are those that maintain an international propaganda for deceiving us.. Congress President Andrew Jackson... first... Justice of the Supreme Court (1939-1962).are but premonitions of the fate that awaits the American people should they be deluded into a perpetuation of this institution or the establishment of another like it.. We have become one of the worst ruled." .. said: "The real rulers in Washington are invisible and exercise power from behind the scenes.

The money is not taken from anyone else's deposit.John C.S.. all who question its methods or throw light upon its crimes.Congressman Louis McFadden." . all talk of the sovereignty of Parliament and of democracy is idle and futile…Once a nation parts with control of its currency and credit... "U. the people of these United States did not perceive that a world banking system was being set up here.Every effort has been made by the Fed to conceal its powers but the truth is--the Fed has usurped the government." When a bank makes a loan it simply adds to the borrower's deposit account in the bank.. It's new money.acting together to enslave the world. House Committee on Banking and Currency Chairman (1920-31). Jennings Bryan WILLIAM LYON MACKENZIE KING: “Until the control of the issue of currency and credit is restored to government and recognized as its most conspicuous and sacred responsibility. and held together by the cohesive power of the vast surplus in banks..Wm.” (Prime Minister of Canada) . it was not previously paid into the bank by anyone. Calhoun "Money power denounces. stated: "When the Federal Reserve Act was passed. consisting of many and various powerful interest. it matters not who makes that nation’s laws…Usury once in control will wreck any nation. News & WR". 8-31-59 "A power has risen up in the government greater than the people themselves.. combined in one mass. A super-state controlled by international bankers and industrialists." SEC'Y TREASURY ANDERSON. created by the bank for the use of the borrower. as public enemies." .