1913: The private bankers of the misnamed “Federal Reserve” are put in charge of the nation’s money supply. Shortly thereafter, the government re-institutes the federal income tax.
Within one year of these two actions taking place, World War I erupts, condemning millions to death and hundreds of millions to suffering, pain and misery, while an elite few rake in untold billions of dollars in profits from their investments and war profiteering.
It wasn’t long before the insidious power of the private bankers of the Federal Reserve became known.
Listen to what Louis T. McFadden, who was the Chairman of the House Banking Committee in the 1930’s, had to say about the Federal Reserve:
“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. The Federal Reserve Board, a Government Board, has cheated the Government of the United States and he people of the United States out of enough money to pay the national debt. The depredations and the iniquities of the Federal Reserve Board and the Federal reserve banks acting together have cost this country enough money to pay the national debt several 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 maladministration of that law by which the Federal Reserve Board, and through the corrupt practices of the moneyed vultures who control it”.
(Congressional Record, House pages 1295 and 1296 on June 10, 1932)
After making this statement, McFadden was attacked in print and in person. He was labeled “Anti-Semitic” and suffered two attempts on his life, a failed shooting and an apparent poisoning that made him “violently ill” after attending a political banquet in Washington.
Not long after these attempts on his life, McFadden died of “heart-failure sudden-death” on Oct. 3, 1936, after a “dose” of “intestinal flu.”
Who are some of the private bankers of the Federal Reserve? The Rothschilds of London and Berlin; Lazard Brothers of Paris; Israel Moses Seif of Italy; Kuhn, Loeb and Warburg of Germany; and the Lehman Brothers, Goldman, Sachs and the Rockefeller families of New York.
Some of the same hooligans who not only helped start the Iraq War, but are now profiting handsomely from that exercise in brutality, mass murder and genocide.
History is repeating itself. While millions of Iraqi’s have been killed and untold millions more are condemned to suffering, pain and various depredations, an elite few is raking in billions and billions of dollars in profits.
“If the America people ever allow private banks to control the issuance of their currencies, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their prosperity until their children will wake up homeless on the continent their fathers conquered.”