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grow up around <strong>the</strong>m will deprive <strong>the</strong> people of all <strong>the</strong>ir property until <strong>the</strong>ir<br />

children will wake up homeless on <strong>the</strong> continent <strong>the</strong>ir fa<strong>the</strong>rs conquered."<br />

Does that not describe <strong>the</strong> situation in America today<br />

The U.S. managed to do without a central bank until early in this century, when,<br />

according to Congressman Charles Lindbergh, Sr., "The Money Trust caused<br />

<strong>the</strong> 1907 panic, and <strong>the</strong>re<strong>by</strong> forced Congress to create a National Monetary<br />

Commission." Headed <strong>by</strong> Senator Nelson Aldrich, fa<strong>the</strong>r-in-law of John D.<br />

Rockefeller, Jr., <strong>the</strong> Commission recommended creation of a central bank.<br />

Though unconstitutional, as only "The Congress shall have Power...To coin<br />

Money, regulate <strong>the</strong> Value <strong>the</strong>reof..." (Article I, Section 8, U.S. Constitution)<br />

<strong>the</strong> Federal Reserve Act was passed in December 1913; ostensibly to stabilize<br />

<strong>the</strong> economy and prevent fur<strong>the</strong>r panics, but as Lindberg warned Congress:<br />

"This act establishes <strong>the</strong> most gigantic trust on earth...<strong>the</strong> invisible government<br />

<strong>by</strong> <strong>the</strong> money power, proven to exist <strong>by</strong> <strong>the</strong> Money Trust investigation, will be<br />

legalized." The Great Depression and numerous recessions later, it is obvious<br />

<strong>the</strong> Federal Reserve produces inflation and federal debt whenever it desires, but<br />

not stability.<br />

Congressman Louis McFadden, House Committee on Banking and Currency<br />

Chairman (1920-31), stated: "When <strong>the</strong> Federal Reserve Act was passed, <strong>the</strong><br />

people of <strong>the</strong>se United States did not perceive that a world banking system was<br />

being set up here. A super-state controlled <strong>by</strong> international bankers and<br />

industrialists...acting toge<strong>the</strong>r to enslave <strong>the</strong> world...Every effort has been made<br />

<strong>by</strong> <strong>the</strong> Fed to conceal its powers but <strong>the</strong> truth is--<strong>the</strong> Fed has usurped <strong>the</strong><br />

government."<br />

Although called "Federal," <strong>the</strong> Federal Reserve system is privately owned <strong>by</strong><br />

member banks, makes its own policies, and is not subject to oversight <strong>by</strong><br />

Congress or <strong>the</strong> President. As <strong>the</strong> overseer and supplier of reserves, <strong>the</strong> Fed<br />

gave banks access to public funds, which enhanced <strong>the</strong>ir lending capacity.<br />

Peter Kershaw, in "Economic Solutions" lists <strong>the</strong> ten major shareholders of <strong>the</strong><br />

Federal Reserve Bank System as: Rothschild: London and Berlin; Lazard Bros:<br />

Paris; Israel Seiff: Italy; Kuhn- Loeb Company: Germany; Warburg: Hamburg<br />

and Amsterdam; Lehman Bros: New York; Goldman and Sachs: New York;<br />

Rockefeller: New York. (That most, if not all of <strong>the</strong>se families just happen to be<br />

Jewish, you may judge <strong>the</strong> significance of yourself). The balance of stock is<br />

owned <strong>by</strong> major commercial member banks.

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