ABEL GRIMMER - TOWER OF BABEL - PAGE 8 International Money Fraud (IMF) The Dragon - The headquarters of the International Money Fund (IMF) happens to be located in Washington DC. - Very conveniently, the World Bank is located right across the street. - What are these organizations and who controls them, and most importantly, are they about to create another huge worldwide depression. - Of course, that is a question that you can ask any year because it's been going on for over a century. The primary address for the International Monetary Fund (IMF) headquarters in Washington, D.C. is 700 19th Street, N.W., Washington, D.C. 20431, with visitor access often routed through the Visitor's Center at 720 19th Street, N.W. or the HQ2 building at 1900 Pennsylvania Ave NW. (Assistant) Moat - If you step back in time to the aftermath of World War I you can see that everyone was tired of war, so under the guise of 'peacemaking,' the international bankers devised a plan to consolidate power even further (into their hands). - They claimed that an international government (NWO) would stem the tide of world wars, the money changers pushed forward a proposal for world government which stood on 3 legs. - Including, a world private central bank of international settlements, a world judiciary to be called the world court located in the Hague, the Netherlands. - And a world executive and legislature to be called. the League of Nations. World as they've told us - As President Clinton's mentor, Georgetown University historian Carrol Quigley wrote in his 1966 book, Tragedy and Hope, 'The powers of financial capitalists had a far-reaching plan, nothing less than to create a world system of financial control in private hands.' - A plan to dominate the political system of each country, and the economy of the world as a whole. - This system was to be controlled, in a feudalistic fashion, by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. World central bank - The apex of the system was to be the Bank of International Settlements (BIS) located in Basel, Switzerland, a private bank, owned and controlled by the world central banks which were themselves, private corporations. - Is that pronounced as Bael, Switzerland? - Each central bank sought to dominate the government of its country by its ability to control treasury loans, to manipulate foreign exchanges, in order to influence the level of economic activity in the nation. - Additionally, to influence cooperative (corrupt) politicians by subsequent economic rewards in the business world. Harris & Ewing, photographer, Public domain, via Wikimedia Commons Henry Cabot Lodge - Despite intense pressure from the international bankers and the press, a handful of U.S. Senators led by Henry Cabot Lodge (1850-1924), kept the U.S. out of these schemes. - Without U.S. participation, the League of Nations was doomed. - But wait, Henry Cabot Lodge was an American politician, historian, lawyer, and statesman from Massachusetts. - He was a member of the Republican Party, he served in the United States Senate from 1893 to 1924 and is best known for his positions on foreign policy. - His successful crusade against Woodrow Wilson's Treaty of Versailles ensured that the U.S. never joined the League of Nations and his penned conditions against that treaty, known collectively as the Lodge reservations, influenced the structure of the modern United Nations!!! Bill Clinton as Henry Cabot Lodge William Jefferson Clinton 1946 8/19 42nd president Henry Cabot Lodge 1850-1924 5/12   11/9 Senator   Doesn't inhale   More masonic hand signs - Cabot Lodge may have sounded very noble, but it's called talking out both sides of the mouth. - United Nations, really? Same thing as the League of Nations with a different name. Bank for International Settlements - Incredibly, even though the world rejected the world's central bank, the BIS or Bank for International Settlements, the Federal Reserve ignored the U.S. government and arrogantly sent representatives to Switzerland to participate in the central bankers meeting right up until 1944 when the U.S. was finally officially dragged into it. - Their world government schemes thwarted, the bankers resorted to their old formula, another war to wear down the resistance to world government while reaping handsome profits. During the 1995 Mexican Peso Crisis, President Bill Clinton authorized a massive U.S. financial rescue package, bypassing Congress, which included significant contributions from the Bank for International Settlements (BIS) and the IMF; the BIS provided a $5 billion credit line to stabilize Mexico's currency, demonstrating international cooperation led by Clinton to prevent economic collapse, with Mexico eventually repaying its loans and the U.S. turning a profit. (Assistant) Bolshevik Revolution - To this end, Wall Street helped resurrect Germany through the Thiessen banks which were affiliated with the Harriman banks in New York. - Just as Chase Bank assisted in the financing of the Bolshevik Revolution during World War I. - Chase Bank was controlled by the Rockefeller family. - Subsequently, it was merged with the Warburg's Manhattan Bank to form the Chase Manhattan Bank. - Since then, this conglomerate has merged with Chemical Bank of New York, making it the largest Wall Street bank. - Their strategy worked, even before World War II was over, world government was back on track. Bretton Woods - In July 1944, in Bretton Woods, New Hampshire, the International Monetary Fund (IMF) and the World Bank were approved with full U.S. participation. - Notice these thieves always meet at the finest hotels around the world, on your back. - The 2nd League of Nations, renamed the United Nations, was approved in 1945. - Soon a new international court system was functioning as well. - All effective opposition to these international bodies before the war, had evaporated in the heat of war, just as planned. - These new organizations simply repeated on a world scale what the National Banking Act of 1864, and the Federal Reserve Act of 1913, had established in the U.S. - Of course, Google AI makes it all sound like a glorious heroic act. Bretton Woods refers to the 1944 conference in New Hampshire that established the post-WWII global monetary system, creating the IMF (International Monetary Fund) and World Bank (IBRD) to foster stability, and also refers to the resort town in New Hampshire famous for skiing and the historic Mount Washington Hotel where the conference happened. The system pegged currencies to the U.S. dollar, which was convertible to gold, aiming to prevent economic chaos through fixed exchange rates and cooperation. (Assistant) The plan - They created a banking cartel, composed of the world's central banks, which gradually assumed the power to dictate credit policies to the banks of all the nations. - For example, just as the Federal Reserve Act authorized the creation of a new national fiat currency called Federal Reserve notes, the IMF has been given the authority to issue a world fiate money called Special Drawing Rights or SDRs. - SDRs are allocated by the IMF to countries and central banks, and cannot be held or used by private parties. - The number of SDRs in existence was around XDR 21.4 billion in August 2009. - During the 2008 financial crisis, an additional XDR 182.6 billion was allocated to 'provide liquidity to the global economic system and supplement member countries' official reserves. Special drawing rights (SDRs, code XDR) are supplementary foreign exchange reserve assets defined and maintained by the International Monetary Fund (IMF).SDRs are units of account for the IMF, and not a currency per se.SDRs represent a claim to currency held by IMF member countries for which they may be exchanged. (Wikipedia) Resources for more war - The IMF’s current total resources of about SDR 982 billion translate into a capacity for lending of about SDR 695 billion (around US$932 billion), as of mid-December 2023. - Member nations have been pressured to make their currencies fully exchangeable for SDRs. - In 1968, Congress approved laws authorizing the Federal Reserve (Fed) to accept SDRs as reserves in the U.S., and to issue Federal Reserve notes in exchange for SDRs. - What does that mean? It means that in the U.S., SDRs are already a part of our 'lawful' money. The money the IMF loans to its members on its general – or non-concessional – terms comes from member countries, mainly through their payment of quotas. Multilateral and bilateral arrangements can supplement quota funds and play a critical role in the IMF’s support for member countries in times of crisis. (imf.org) Governors meet at posh places - And what about gold, well SDRs are already partially backed by gold. - With two-thirds of the world's gold already in the hands of central banks, the money changers can go about structuring the world's economic future in whichever way they deem most profitable (for them). - Keep in mind, just as the Fed is controlled by its board of govenors, the IMF is controlled by its board of govenors, which are either the heads of the different central banks, or the heads of the various national treasury departments, dominated by their central banks. - Voting power in the IMF gives the U.S. and the U.K., that is to say the Fed and the Bank of England effective control. Profitable - Just as the Fed controls the amount of money in circulation in the U.S., the BIS, IMF and World Bank, control the money supply for the world. - We see the repetition of the old goldsmith's fraud, fractional reserve banking, replicated on the national scale with central banks like the Fed and on the international scale by the 3 arms of the world central bank. - Is this organization of the BIS, the IMF, and the World Bank, which we refer to collectively as the World Central Bank presently expanding and contracting world credit? - Yes, of course it is. Fractional reserve banking is a system where banks keep only a fraction of customer deposits as cash reserves, lending out the rest, a process that expands the money supply as loans are deposited and re-lent, fueling economic growth but also posing risks like bank runs if too many depositors demand funds simultaneously. (Assistant) Loan ratio - Regulations put into effect in 1988 by the BIS required the world's bankers to raise their capital and reserves to 8% of liabilities by 1992. - Increased capital requirements put an upper limit to the fractional reserve lending, similar to the way cash reserve requirements do. - What is this seemingly insignificant regulation made in a Swiss city in 1988 meant to the world? - It means that our banks cannot loan more and more money to buy more and more time before the next depression as a maximum loan ratio is now set. - It means that those nations with the lowest bank reserves in their systems have already felt the terrible effects of this credit contraction, as their banks scrambled to raise money to increase their reserves to 8%. Mexico financial collapse - To raise the money, they had to sell stocks, which depressed their stock markets and began the depression first in their countries. - Japan, which in 1988 had among the lowest capital and reserve requirements, and thus was the most affected by the regulation, experienced a financial crash which happened almost immediately in 1989 and wiped out a staggering 50% of its stock market since 1990 and 60% of the value of its commercial real estate. - The Bank of Japan lowered its interest rates to one half of 1%, practically giving away money to resurrect the economy, but still the depression worsened due to the $20 billion U.S. bailout of Mexico by President Bill Clinton. - The financial collapse in that nation was felt in the U.S., yet despite the bailout, the Mexican economy continued to be a disaster. Siphoned - One huge debt after another is rolled over as new loans were made simply to enable Mexico to pay the interest on the old loans. - In the south of Mexico, the poor were in open revolt as every spare peso was siphoned out of the country to make interest payments. - It is important to note that a radical transfer of power is taking place as nations become subservient to a supra-national world central bank, controlled by a handful of greedy men. - Also known as the world's richest bankers (money changers). Economic life and death - As the IMF creates more and more SDRs by the stroke of a pen on IMF ledgers, more and more of the nations borrow the SDRs to make payments on interest on their mounting debts and gradually fall under the control of the faceless bureaucrats of the World Bank. - As the worldwide depression worsened and spread, this gave the World Bank the power of economic life and death over these nations. - It will decide which nations will be permitted to receive further loans, and which nations will starve. - Despite all the rhetoric about development and the alleviation of poverty, the result is a steady transfer of wealth from the debtor nations to the money changers central banks which control the IMF and the World Bank. Pay up - For example, in 1992, the 3rd-world debtor nations that borrowed from the World Bank, paid $198 million more to the central banks of the developed nations for World Bank funded purposes than they received from the bank. - All this manipulation increases their permanent debt in exchange for temporary relief of poverty caused by prior borrowings. - Very quickly, these repayments exceeded the amount of any new loans. - By 1992, Africa's external debt had reached $290 billion, or two and a half times greater than 1980, resulting in skyrocketing infant mortality rates, unemployment rates, deterioration of schools, housing and the general health of the people. - $290 billion in 1992 would have the purchasing power of roughly $669 billion to over $700 billion by 2025. Benefit of the money changers - The entire world faced the immeasurable suffering that destroyed the 3rd-world and Japan, all for the benefit of the money changers. - As one prominent Brazilian politician put it, 'The 3rd World War has already started, it is a silent war, not for that reason, any less sinister.' - The war was tearing down Brazil, Latin America and practically all the 3rd-world nations. - Instead of soldiers dying, children died, and it was over 3rd-world debt, and its main weapon, interest payments. - A weapon more deadly than the atom bomb, more shattering than a laser beam. Benefit of the money changers - More recently, the subprime mortgage collapse in 2007 and how the crooks blamed it all on the unfortunate consumer that borrowed for homes, only to have them stolen back by the banks. - All through the reign of George Bush Jr. and Barrack Obama and with many racial overtones. The American subprime mortgage crisis was a multinational financial crisis that occurred between 2007 and 2010, contributing to the 2008 financial crisis. It led to a severe economic recession, with millions becoming unemployed and many businesses going bankrupt. The collapse of the 2000s United States housing bubble and high interest rates led to unprecedented numbers of borrowers missing mortgage repayments and becoming delinquent. This ultimately led to mass foreclosures and the devaluation of housing-related securities. (Assistant) Deeply entrenched - Although it would be impossible to ignore the pivotal role played by influential families such as the Rothschids, the Warburgs, the Schiffs, the Morgans and the Rockefellers, in any review of central banking and fractional reserve banking, keep in mind by now central banks and the commercial banks are over 3 centuries old. - And unfortunately, deeply entrenched in the economic life of many nations. - These banks are no longer dependent on clever individuals such as a Nathan Rothschild. - Years ago, the question of ownership was important, but no longer. - For example, both the Bank of England and the Bank of France were nationalized after World War II and nothing changed, nothing at all. Hole in the rock - These corrupt central banks endure and continue to grow now protected by numerous laws, paid-off politicians, and mortgaged media, untouched by the changing of generations. - Three centuries have given them a deceptive aura of respectability. - The old school tie is now worn by the 6th generation son who's been raised in a system that he may never question as he is named to serve on the governing boards of countless philanthropic organizations. - 'Philanthropy' is usually nothing more than money changers stealing your wealth and using it to fund their pet projects, not yours. - To focus attention today on individual families or to attempt to sort out the current holder of power is futile and would be a distraction from the cure. Back door - The problem now is far bigger than even that, it's the corrupt banking system these 'elites' built. - Banking systems that were and still are being used to consolidate vast wealth into fewer and fewer hands. - That is our current economic problem. - Change the name of the main players now and the problem will neither go away nor even miss a beat. - Although we do know that these shape shifters who rule us are the same demons as before, they reincarnate into every single generation. Land sliding - Likewise, among the hordes of bureaucrats working in the World Bank, central banks and the international bank, only a tiny fraction have any idea what is going on. - That is true for many positions in banking, like the poor cashier, they have no clue what is truly happening. - Plus, they've been taught through their schools and history books and Google AI that it's all a great thing. - No doubt they'd be horrified to learn that their work is contributing to the terrible impoverishment and gradual enslavement of mankind to a few incredibly rich plutocrats. Public domain, via Wikimedia Commons Vice President Rockefeller (right) with Secretary of State Henry Kissinger on January 3, 1975 - (Big shots right?) They're MOCKING you with masonic hand signals -  Although, undoubtably, these plutocrats know damn well what they'e doing. - And unfortunately they're the ones running things, generations and generations of them. - So really, there's no use emphasizing the role of individuals anymore, instead, we need to remove their banking systems. - Fire them, pure and simple. - The problem even transcends the normal spectrum of political right and left. - Both communism and socialism, as well as monopoly capitalism have all been used by the money changers. Foreclosure - Today, they profit from either side of the new political spectrum, the big government welfare state on the so-called left wing, versus the neoconservative laissez faire capitalists who want government totally out of their lives on the right-wing. - Either way, the bankers always seem to win. - Monetary reform is the most important political issue facing this nation. - That clarified, let's proceed to the conclusions in the spirit Lincoln declared, 'With malice towards none, with charity towards all.' Laissez-faire capitalism is an economic system promoting minimal government interference, believing free markets driven by supply and demand, private property, and self-interest lead to the best economic outcomes, with the government's role limited to protecting rights and enforcing contracts. Originating in 18th-century France, its core idea is "let it be" (laissez faire), letting individuals pursue their own goals freely, though critics note it can create inequality, monopolies, and issues with public goods. (Assistant) Quasi governmental - Some of the troubling questions, such as what's going on in America now, why are we over our heads in debt? - Why can't the politicians bring debt under control? - The answer is, we're laboring under a debt money system that is designed and controlled by private bankers. - Some will argue that the Federal Reserve system is a quasi governmental agency, however, the president appoints only 2 of the 7 members of the Federal Reserve Board of Governors every 4 years. - And he appoints them to 14-year terms, far longer than his own. - The Senate does approve those appointments but the whole truth is that the president wouldn't appoint anyone to that board of whom Wall Street does not approve!!!! - They're all in the same masonic demonic boys club, just look at all the hand signs they throw at you, curses and spells, black magic. Not usually very honorable, just imbred in the system - Of course this does not preclude the possibility that some honorable men may be appointed to the board, but the fact is that the Fed is specifically designed to operate independently of our government, as are nearly all privately owned central banks. - As a result, you have the same 'elite' banking families lining up at the door to fill the positions based on their 'knowledge' and recommendations from family members. - And the same thing is going on with our political positions. - The reason that it takes billions to run for office now, we're all priced out of even participating. - No one even talks about growing up and being a president now, only them, and they brazenly have their 'candidate' all lined up, long before the election begins (which is another fraud). So how much does a presidential campaign actually cost? Good Question. "The first answer is a lot," David Schultz, a campaign finance expert and professor of political science at Hamline University, said. Schultz estimates that between now and Election Day 2020, a candidate who makes it all the way will have to raise $500 million. That translates in about $1 million a day. "They're spending a lot of time dialing for dollars," Schultz says. "This really filters out a lot candidates who are successful or unsuccessful." (cbsnews.com) International Monetary Fund, Public domain, via Wikimedia Commons Baron Edward George - Some argue that the Fed promotes monetary stability and that is certainly not true, but many are brainwashed into thinking that's true. - However, we saw one head, Eddie George, claim that this was the most important role of the central bank. - Edward Alan John George, Baron George (1938- 2009), known as Eddie George, or sometimes as 'Steady Eddie,' was Governor of the Bank of England from 1993 to 2003 and, after his retirement, sat on the board of NM Rothschild and Sons. - Why wouldn't he? He had lot's of 'experience' and a very professional resume as well as lot's of connections and years of experience in the racket. Kissinger as Eddie George Henry A. Kissinger 1923-2023 5/23  5/29 Secretary of State Edward Alan John George 1938-2009 9/16   4/18 Banking Baron   Bank of England - Kissinger as Nelson Rockefeller Henry A. Kissinger 1923-2023 5/23  5/29 Secretary of State Nelson Aldrich "Rocky" Rockefeller 1908-1979 7/8   1/26 VP and NY governor   The Aldrich Plan - Jeffrey Epstein used the Rockefeller name to gain social prominence and legitimacy, though he did not actually manage the Rockefeller family's wealth (according to ever so trustworthy liars at Google AI). - His connection was primarily with David Rockefeller, the former head of the family and a prominent figure in American finance and society. Dershowitz as Eddie George Alan Morton Dershowitz 1938 9/1 U.S. Constitutional Law no wonder it's broken Edward Alan John George 1938-2009 9/16   4/18 Banking Baron   Steady Eddie and Epstein Island - Alan Dershowitz was part of the legal team that negotiated Jeffrey Epstein's controversial 2008 non-prosecution agreement with federal prosecutors in Florida. - Bill Clinton, Donald Trump and Alan Dershowitz among the big names in Jeffrey Epstein’s birthday book. - Dershowitz was a lawyer for Jeffrey Epstein and was accused by one victim, Virginia Giuffre, of sexual abuse on Epstein's private Caribbean island, among other locations. - Dershowitz vehemently denied the allegations and sued Giuffre for defamation; Giuffre later dropped her lawsuit against him, stating she may have made a mistake in her identification. - But poor Virginia is now dead, 'Yes, Virginia, there is a Santa (Satan) Claus'. - Steady alright. Flushing - In fact, the Fed's record of stabilizing the economy shows it to be a miserable failure in this regard. - Within the first 25 years of its existence, the Fed caused 3 major economic downturns, including the Great Depression. - From 1965 through 1995 they shepherded the American economy into a period of unprecedented inflation which is even worse some 30 years later and it never ends. - Again, this is not some while conspiracy theory and it's a well-known fact among top economists. - Milton Friedman believed that at least one-third of the price rise during and after World War I was attributable to the establishment of the Federal Reserve System and that the severity of each of the major contractions was directly caused by acts of commission and omission by the Reserve authorities. The stock of money, prices and output was decidedly more unstable after the establishment of the Federal Reserve System than before. The most dramatic period of instability in output was, of course, the period between the two world wars, which includes the severe money contractions of 1920-21, 1929-33, and 1937-38. No other 20 year period in American history contains as many as three such severe contractions. (Milton Friedman) Gold bricks - Friedman also felt that any system that gives so much power and so much discretion to a few men, where mistakes, excusable or not can have such far reaching effects, is a bad system. - It is a bad system to believers in freedom just because it gives a few men such power without any effective check by the body politic, reveals that this is a key political argument against an independent privately owned central bank. - To paraphrase Clemenceau, 'money is much too serious a matter to be left to the central bankers.' - We must learn from our history before it is too late. Debt creation - Why can't politicians control our federal debt? Because all of our money is created out of debt. - That's because it's a debt money system. - Our money is created initially by the purchase of U.S. bonds. - The public buys Savings Bonds, the banks buy bonds, foreigners buy bonds, and when the Fed wants to create more money in the system, they purchase U.S. bonds. - However, they pay for them with a simple bookkeeping entry which it creates out of nothing, thin air. - Then, this new money created by the Fed is multipled by a factor of 10 by the banks, thanks to the fractional reserve principle. Inflation caused by banks - Although the banks don't actually create currency, that's the job of the U.S. Mint, they do create checkbook money or deposits by making new loans. - They even invest some of this created money, in fact, by 1995, over $1 trillion of this privately created money has been used to purchase U.S. bonds on the open market which provides the banks with roughly $50 billion in interest, risk-free, each year, less the interest they pay to some depositors. - In this way, through fractional reserve lending, banks create over 90% of the money and therefore cause over 90% of our inflation. Serious financial problems - What can we do about all this? - Fortunately there's a way to fix the problem fairly easily, quickly, and without any serious financial problems. - We can get our country totally out of debt in 1-2 years by simply paying off these U.S. bonds with debt-free U.S. notes, just as Lincoln issued the Greenbacks during the Civil War. - Of course, that by itself would create tremendous inflation since our currency is currently multipled by the fractional reserve banking system. - This is because for every $1 we save, they loan out $10, and likewise, for every $1 we pay off, they reduce the money in circulation by $10. Currently unstable - But here's the ingenious solution advanced in part by economist Milton Friedman, to keep the money supply stable and avoid inflation and deflation while the debt is retired. - As the U.S. Treasury buys up its bonds on the open market with U.S. notes (created by our government, not by privately owned bankers), the reserve requirements of your hometown bank will be proportionally raised. - So therefore, the amount of money in circulation remains constant. - As those holding U.S. bonds are paid off in U.S. notes, they will deposit this money, thus making available the currency then required by the banks to increase their reserves. Fed buildings - Once all the U.S. bonds are replaced with U.S. notes, banks will be at 100% reserve banking, instead of the fractional reserve system currently in use. - Of course this also entails getting rid of the Federal Reserve and not participating in IMF international banker schemes. - From this point on, the former Fed buildings will only be needed as a central clearing house for checks and as vaults for U.S. notes. - The Federal Reserve Act will no longer be necessary and should be repealed. - Monetary power can be transferred back to the U.S. Treasury department. - There would be no further creation, or contraction of money by banks. Horizon - By doing it this way, our national debt can be paid off very quickly, and the Fed and fractional reserve banking abolished without national bankruptcy, financial collapse, inflation, or deflation, or any significant change in the way the average American goes about their business. - To the average person, the primary difference would be that for the first time since the Federal Reserve Act was passed in 1913, taxes would begin to go down. - Now there's a real national blessing for you, rather than for Alexander Hamilton's banker friends in Britain. Provisions in detail - Now let's take a look at these proposals in more detail, here are the main provisions of a monetary reform act which needs to be passed by Congress. - The Money Masters and journalist William T. Still have drafted a proposed monetary reform and of course variations would be equally welcome. - It's a simple, 4-step process. 1) Pay off the U.S. debt - Pay off the debt with debt-free U.S. Notes, as Thomas Edison framed it, 'if the U.S. can issue a dollar bond, it can issue a dollar note (bill).' - They both rest purely on the faith and credit of the U.S. government which seems to have been greatly reduced in recent years because of all this money manipulation the Fed has inflicted. - This requires a simple substitution of one type of government obligation for another; one bears interest, the other doesn't. - Federal Reserve notes could be used as well, but could not be printed after the Fed is abolished. 2) No more fractional reserve banking - The main problem; abolish fractional reserve banking. - As the debt is paid off, the reserve requirements of al banks and financial institutions would be raised proportionally at the same time to absorb the new U.S. notes which would be deposited and become the banks' increased reserves. - Towards the end of the first year of the transition period, the remaining liabilities of financial institutions would be assumed or acquired by the U.S. government in a one-time operation. - In other words, they too would eventually be paid off with debt-free U.S. notes in order to keep the total money supply stable. - By the end of the first year or so, all of the national debt would be paid and we could start enjoying the benefits of full reserve banking. - Thankfully, the Fed would be finally obsolete, an anachronism, over and done. 3) Repeal of the Federal Reserve Act - Repeal of the Federal Reserve Act and the National Banking Act of 1864 in Congress. - These acts delegated the money and financial power of our nation to a private banking cartel. - They must be repealed and the money power handed back to our U.S. Treasury where they were initially under President Abraham Lincoln, although he later made the mistake of allowing a private bank to take control through the National Banking Act. - No banker or person in any way affiliated with financial institutions should be allowed to regulate banking, think about how crazy that is (like putting your child in charge of their report card). - After the first 2 reforms, these Congressional acts would serve no useful purpose since they relate to a fractional reserve banking system. 4) Withdraw the U.S. from the IMF and World Bank - Withdraw the U.S. from the IMF, the BIS and the World Bank because these institutions, like the Federal Reserve are designed to further centralize the power of the international bankers over the world's economy and we must withdraw from this scam. - Their harmless functions such as currency exchange can be accomplished either nationally, or in new organizations limited to those functions. - Such a monetary reform act would guarantee that the amount of money in circulation would stay very stable, causing neither inflation nor deflation. - Remember, for the last several decades, the Fed has managed to double the American money supply every 10 years. - That, along with fractional reserve banking are the real causes of inflation and the huge reduction in our buying power, a hidden tax. The swamp - These, and other taxes are the real reason that both parents now have to work, just to get by. - The money supply should increase slowly, to keep prices stable, roughly in proportion to population growth about 3% a year, not at the whim of a bunch of greedy bankers meeting in secret. - In fact, all future decisions on how much money should be circulating in the economy must be made based on statistics of population growth and the price level index. - The new monetary regulators and the U.S. Treasury would have absolutely no discretion in this matter except in time of declared war, although those should reduce significantly if we didn't have money changers provoking them. A Price Level Index (PLI) measures the relative cost of goods and services across countries or regions, showing how expensive one place is compared to another, often using the world or a specific group (like the EU) as a baseline of 100. It's calculated by comparing a country's Purchasing Power Parity (PPP) to its market exchange rate; a PLI over 100 means prices are higher than the average, while below 100 means they're cheaper, helping assess living costs and pricing strategies. (Assistant) Public, not secret - This would ensure a steady, stable money growth of roughly 3% per year, resulting in stable prices and no sharp fluctuation in the money supply. - To make certain the process is completely open and honest, all deliberations would be public, not secret, as meetings of the Fed's board of governors are today. - How do we know this will work? - Because these steps remove the 2 major causes of economic instability, the Fed and fractional reserve banking, and the newest one as well, the BIS, Bank of International Settlements. - But most importantly, the danger of a severe depression would be eliminated. I know of no severe depression, in any country, at any time, that was not accompanied by a sharp decline in the stock of money, and equally of no sharp decline in the stock of money that was not accompanied by a severe depression. (Milton Friedman) Island in the English Channel - Issuing our own currency is not a radical solution, it's been advocated by Presidents Jefferson, Madison, Jackson and VanBuren and Lincoln. - But it's been used at different times throughout Europe as well, perhaps the best examples is one of the small islands off the coast of France in the English Channel, called Guernsey. - This small country has been using debt-free money issues to pay for large building projects for over 200 years. - In 1815, a committee was appointed to investigate how to finance the Guernsey vegetable market. Island was impoverished - The impoverished island could not afford more new taxes. - So the leaders decided to try a revolutionary idea, issue their own paper money. - They were simply colorful paper notes, backed by nothing but the people agreed to accept them and trade with them. - To ensure they circulated widely, they were declared to be 'good for the payment of taxes.' - Of course this idea was nothing new, it was exactly what America had done before the American Revolution, and there are many other examples throughout the world. - But it was new to Guernsey, and it worked miracles, in fact, the original vegetable market is still in use and it was built without creating any debt to the people of this island state. - And remember, the currency is actually backed by the hard-work and human labor of the nation, and then circulated to buy goods in exchange for their hard work. Authorization - What if we followed Guernsey's example, how would these greedy bankers react to these reforms? - Certainly the international bankers will oppose reforms that do away with their control of the world's economies as they have in the past. - But it is equally certain that Congress has the constitutional authority and the responsibility to authorize the issuance of debt-free money, U.S. notes, and to reform the banking system and laws it ill-advisedly enacted. - Because you have to wonder about everything these Congressional seat holders and our politicians have done every step of the way. Stone masons - Things like forgetting to make any provisions for our money handling and currency when they wrote this Constitution and then suddenly it rears it's ugly head as an afterthought? - Or was this all intentional because we've had a lot of corrupt people with their hands in things, such as Alexander Hamilton, our 'Founding Father,' right. - Of course our history books claim it was all good, but it sure wasn't from the very start, including why we even needed this Constitution. - We already had Articles of Confederation but the money changers needed stronger wording in order to create wars and entrap us in their debt and tax us to pay for it all (and their lavish 'elite' lifestyles). Builder burg - What we really needed was checks and balances on our Founding Fathers and our leaders. - Even the hypocrisy of it all, like political parties claiming one thing and then doing the complete opposite after they're elected. - Plus all the cronyism and nepotism, we've had plenty, and all the masonic hand signs they all flash around, a corrupt good old boys club. - Also the effects of all these 'lawyers' bending things around and undermining the original intent, to suit themselves! Working with stone - Undoubtedly the bankers will claim that issuing debt-free money will cause severe inflation or make other dire predictions. - But remember, it is fractional reserve banking and the Fed which is the real cause of over 90% of all inflation, not whether debt-free notes are used to pay for government deficits. - In the current system, any spending excesses on the part of Congress are turned into more debt bonds and the 10% purchased by the Fed are then multiplied many times over by the bankers, causing over 90% of all inflation. - Our fractional reserve and debt-based banking system is the problem. - We must ignore its inevitable resistance to reform, especially from the good old boys club who run everything. - And remain firm until the cure is complete. Happier world - As the director of the Bank of England in the 1920s, Sir Josiah Stamp (1880-1941) put it this way, referring to this 'modern' fractional banking, 'Banking is conceived in inequity and born in sin, bankers own the earth, take it away from them.' - Stamp knew that by leaving the power to create money and control credit with the bankers, with the 'flick of a pen' they will create enough money to buy it back again. - But if you want to continue as the slaves of bankers and pay the cost of our own slavery, let them continue to create money and control credit. Take this great power away from the bankers and all great fortunes like mine will disappear, and they ought to disappear, for this would be a better and happier world to live in. (Sir Josiah Stamp) Figuring things out - Americans are slowly figuring this out and today over 3,200 cities and counties have endorsed the proposal of a non-profit agency called Sovereignty. - The Sovereignty Movement calls for Congress to authorize the Secretary of the Treasury to issue $90 billion per year of U.S. notes, not Federal Reserve notes or debt-based bonds, to loan money interest free to cities, counties and school districts for needed capital improvements. - Remarkably, and to their praise, the Community Bankers Association of Illinois, representing 515 member banks, endorsed this Sovereignty proposal. - Of course if you listen to the crooks and Google AI as follows, they disapprove and turned Republican candidate Ron Paul and his supporters into anarchists because he proposed ending the Fed and auditing the Fed, something that was mandated by Congress since the beginning, but never accomplished, how sleazy. The Sovereign Citizen Movement is a loose collection of anti-government extremists and conspiracy theorists, primarily in English-speaking common law countries, who believe they are exempt from government authority and laws. Adherents operate outside the legal system, often engaging in illegal and fraudulent activities, including "paper terrorism" against officials. The FBI classifies some sovereign citizens as domestic terrorists. (Assistant) Contraction of money - As Milton Friedman has repeatedly pointed out, no severe depression can occur without a severe contraction of money. - In our corrupt system, only the Fed, the Bank of International Settlements, with U.S. bankers cooperation, or a combination of the largest Wall Street banks could cause a depression. - In other words, our economy is so huge and resilient, a depression just can't happen by accident. - And that is especially true because of our great regional diversity with different areas and sectors in the nation producing different goods, it would be virtually impossible to create a national depression. - Unless we reform our banking system, these crooks will always have that power over us. - They can pull the plug on our economy any time they choose, which they have done often. Elite towers - The only solution is to abolish the Fed and the fractional banking system and withdraw from the BIS. - Only that will break the power of the international bankers over our economy. - Keep in mind, a stock market crash itself cannot cause a severe depression. - Only the severe contraction of our money supply can cause a severe depression. - The stock market crash of 1929 only wiped out market speculators, mostly the small to medium ones, resulting in $3 billion in wealth changing hands. - But it served as a smokescreen for a 33% contraction in credit by the Fed for next 4 years which resulted in over $40 billion in wealth from the American middle class being transferred to the big banks. Depressing - Then, despite impotent howls of protest from a divided Congress, the independent Fed kept the money supply contracted for a full decade!!! - Only World War II ended the terrible suffering the Fed purposely inflicted on the American people for their own gain. - In a depression, the remaining wealth of the debt burdened American middle class will be wiped out by unemployment, declining wages and the resulting foreclosures. - If we start to act to reform our monetary system, the Feds may do what they did in 1929 into the 1930s, crash the stock market, where so much American wealth is held, and use that as a smokescreen while contracting the money supply. Cliff edge - However, if we're determined to regain control over our money, we can come out of it fairly quickly, perhaps in only a very few months as U.S. notes begin to circulate and replace the money withdrawn by the demonic bankers. - The longer we wait, the greater the danger we'll permanently lose control of our nation. - Some still wonder why the international bankers would want to cause a depression. - Wouldn't that be killing the goose that is currently laying all those golden interest eggs? - Remember what Larry Bates said, 'Periods of economic upheaval, in economic crisis, wealth is not destroyed, it is merely transferred.' Banker man-made crisis - Do we have any hints as to what the money changers have in store for us? - Here's what David Rockefeller, the chairman of Chase Manhattan Bank, the largest Wall Street bank had to say. - 'We are on the verge of a global transformation, all we need is the right major crisis and the nation will accept the New World Order.' - So, crisis is needed to fulfill their plans quickly, the only question is when the crisis will occur. - But whether or not they decide to cause a crash or depression, through relentless increases in taxes and the loss of hundreds of thousands of jobs sent overseas, thanks to trade agreements like GATT and NAFTA, and newly created threats like AI, the American middle class is an endangered species. Cheaper labor (for now) - Cheaper labor, including slave labor in places like red China, is being used to compete with American labor. - As a result, money is being consolidated in fewer and fewer hands as never before in the history of this nation or the world. - Without reform, the American middle class will soon be extinct, leaving only the very rich few, and the very many poor, as has already occurred throughout most of the world. - We've been warned about all of this by some congressmen, and even fewer presidents, industrialists and economists down through the years. Education instead of their 'elite' brainwashing - Educate your friends because our country needs a solid group who really understand how our money is manipulated and what the solutions really are, because if a depression comes, there will be those who call themselves conservatives who will come forward advancing solutions framed by the international bankers. - Beware of calls to return to a gold standard because never before has so much gold been so concentrate outside of American hands. - And never before has so much gold been in the hands of international governmental bodies such as the World Bank and International Monetary Fund (IMF). - A gold backed currency usually brings despair to a nation and to return to it would certainly be a false solution, on top of the fact there is simply not enough gold to back up our currency. Men at work - Remember, we had a gold backed currency in 1929 and during the first 4 years of the Great Depression. - Likewise, be aware of any plans for a regional or world currency because this is the international bankers Trojan Horse. - Educate your member of Congress because it only takes a few persuasive members to make the others pay attention. - Most congressmen just don't understand the system, some do understand it, but are so influenced by bank padded contributions that they ignore it. - Learn more at themoneymasters.com with William T. Still. Grimmer Grimmer - Tower of Babel - Page 9

Thy ambition, Thou scarlet sin, robb'd this bewailing land.

Shakespeare, Henry VIII