70-years-chart-illustrates-the-dominance-by-the-cfr-trilaterals-bilderbergers
70-years-chart-illustrates-the-dominance-by-the-cfr-trilaterals-bilderbergers
70-years-chart-illustrates-the-dominance-by-the-cfr-trilaterals-bilderbergers
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According to Davvy [Devvy -Ed.] Kidd, "Why A Bankrupt America" The<br />
Federal Reserve pays <strong>the</strong> Bureau of Engraving & Printing approximately $23<br />
for each 1,000 notes printed. 10,000 $100 notes (one million dollars) would thus<br />
cost <strong>the</strong> Federal Reserve $230. They <strong>the</strong>n secure a pledge of collateral equal to<br />
<strong>the</strong> face value from <strong>the</strong> U.S government. The collateral is our land, labor, and<br />
assets... collected <strong>by</strong> <strong>the</strong>ir agents, <strong>the</strong> IRS. By authorizing <strong>the</strong> Fed to regulate<br />
and create money (and thus inflation), Congress gave private banks power to<br />
create profits at will.<br />
As Lindberg put it: "The new law will create inflation whenever <strong>the</strong> trusts want<br />
inflation...<strong>the</strong>y can unload <strong>the</strong> stocks on <strong>the</strong> people at high prices during <strong>the</strong><br />
excitement and <strong>the</strong>n bring on a panic and buy <strong>the</strong>m back at low prices...<strong>the</strong> day<br />
of reckoning is only a few <strong>years</strong> removed." That day came in 1929, with <strong>the</strong><br />
Stock Market crash and Great Depression.<br />
One of <strong>the</strong> most important powers given to <strong>the</strong> Fed was <strong>the</strong> right to buy and sell<br />
government securities, and provide loans to member banks so <strong>the</strong>y might also<br />
purchase <strong>the</strong>m. This provided ano<strong>the</strong>r built-in mechanism for profit to <strong>the</strong><br />
banks, if government debt was increased. All that was needed was a method to<br />
pay off <strong>the</strong> debt. This was accomplished through <strong>the</strong> passage of <strong>the</strong> income tax<br />
in 1913.<br />
A national income tax was declared unconstitutional in 1895 <strong>by</strong> <strong>the</strong> Supreme<br />
Court, so a constitutional amendment was proposed in Congress <strong>by</strong> none o<strong>the</strong>r<br />
than ...Senator Nelson Aldrich. As presented to <strong>the</strong> American people it seemed<br />
reasonable enough: income tax on only one percent of income under $20,000,<br />
with <strong>the</strong> assurance that it would never increase.<br />
Since it was graduated, <strong>the</strong> tax would "soak <strong>the</strong> rich", ...but <strong>the</strong> rich had o<strong>the</strong>r<br />
plans, already devising a method of protecting wealth. As described <strong>by</strong> Gary<br />
Allen in his 1976 book "The Rockefeller File," "By <strong>the</strong> time <strong>the</strong> (16th)<br />
Amendment had been approved <strong>by</strong> <strong>the</strong> states, <strong>the</strong> Rockefeller Foundation was in<br />
full operation...about <strong>the</strong> same time that Judge Kenesaw Landis was ordering<br />
<strong>the</strong> breakup of <strong>the</strong> Standard Oil monopoly...John D...not only avoided taxes <strong>by</strong><br />
creating four great tax-exempt foundations; he used <strong>the</strong>m as repositories for his<br />
'divested' interests...made his assets non-taxable so that <strong>the</strong>y might be passed<br />
down through generations without...estate and gift taxes...Each year <strong>the</strong><br />
Rockefellers can dump up to half <strong>the</strong>ir incomes into <strong>the</strong>ir pet foundations and<br />
deduct <strong>the</strong> "donations" from <strong>the</strong>ir income tax."<br />
Exchanging ownership for control of wealth, foundations are also a handy<br />
means for promoting interests that benefit <strong>the</strong> wealthy. Millions of foundation<br />
dollars have been "donated" to causes such as promoting <strong>the</strong> use of drugs, while