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#41 Adele Edisen

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Posted 07 July 2014 - 01:47 AM

A bit of Amefican banking history,  and an assassination attempt on President Andrew Jackson:

 

Excerpt from Part 2, "Freemasons and the House of Rothschild," FEDERAL RESERVE CARTEL

 

QUOTE

 

(Thomas)

Jefferson watched as the Euro-banking conspiracy to control the United States unfolded, weighing in,

But the Rothschild-sponsored Hamilton’s arguments for a private US central bank carried the day.
“Single acts of tyranny may be ascribed to the accidental opinion of the day, but a series of oppressions begun at a distinguished period, unalterable through every change of ministers, too plainly prove a deliberate, systematic plan of reducing us to slavery”. [7]
 
In 1791 the Bank of the United States (BUS) was founded, with the Rothschilds as main owners. The bank’s charter was to run out in 1811. Public opinion ran in favor of revoking the charter and replacing it with a Jeffersonian public central bank. The debate was postponed as the nation was plunged by the Euro-bankers into the War of 1812.
 
Amidst a climate of fear and economic hardship, Hamilton’s bank got its charter renewed in 1816.
 

Old Hickory, Honest Abe & Camelot

In 1828 Andrew Jackson took a run at the US Presidency.
 
Throughout his campaign he railed against the international bankers who controlled the BUS.
 
Jackson ranted,

Jackson won the election and revoked the bank’s charter stating,

 

“You are a den of vipers. I intend to expose you and by Eternal God I will rout you out. If the people understood the rank injustices of our money and banking system there would be a revolution before morning.”
 

Populism prevailed and Jackson was re-elected. In 1835 he was the target of an assassination attempt.

 

“The Act seems to be predicated on an erroneous idea that the present shareholders have a prescriptive right to not only the favor, but the bounty of the government... for their benefit does this Act exclude the whole American people from competition in the purchase of this monopoly.
 
Present stockholders and those inheriting their rights as successors be established a privileged order, clothed both with great political power and enjoying immense pecuniary advantages from their connection with government.
 
Should its influence be concentrated under the operation of such an Act as this, in the hands of a self-elected directory whose interests are identified with those of the foreign stockholders, will there not be cause to tremble for the independence of our country in war... controlling our currency, receiving our public monies and holding thousands of our citizens independence, it would be more formidable and dangerous than the naval and military power of the enemy.
 
It is to be regretted that the rich and powerful too often bend the acts of government for selfish purposes... to make the rich richer and more powerful. Many of our rich men have not been content with equal protection and equal benefits, but have besought us to make them richer by acts of Congress.
 
I have done my duty to this country.” [8]
 
The gunman was Richard Lawrence, who confessed that he was,
      “in touch with the powers in Europe”. [9]
 
Still, in 1836 Jackson refused to renew the BUS charter.
 
 
Under his watch the US national debt went to zero for the first and last time in our nation’s history. This angered the international bankers, whose primary income is derived from interest payments on debt. BUS President Nicholas Biddle cut off funding to the US government in 1842, plunging the US into a depression.
 
Biddle was an agent for the Paris-based Jacob Rothschild. [10]
 
END OF QUOTE
 


#42 Adele Edisen

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Posted 07 July 2014 - 05:28 AM

Here's a puzzler.   From Part 4, "A Financial Parasite,"  FEDERAL RESERVE CARTEL

The IRS is a private corporation?  The Internal Revenue Service?

 

 

QUOTE

The year 1917 also saw the 16th Amendment added to the US Constitution, levying a national income tax, though it was ratified by only two of the required 36 states. The IRS is a private corporation registered in Delaware. [8] 

 

END OF QUOTE

 

NEW QUOTE - Reference to No. 8 in NOTES at end of Part 4.

 

 

[6] The Editors of Executive Intelligence Review. p.504
[7] Ibid
[8] Ibid



#43 Adele Edisen

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Posted 07 July 2014 - 06:20 AM

QUOTE - From Part 4, "A Financal Parasite,"  FEDERAL RESERVE CARTEL

 

President Wilson spoke of,

“a power so organized, so complete, so pervasive, that they had better not speak above their breaths when they speak in condemnation of it.”

Rep. Charles Lindberg (D-NY) was more blunt, railing against Wilson’s Federal Reserve Act, which had cleverly been dubbed the “People’s Bill”.

 

Lindberg declared that the Act would,

“…establish the most gigantic trust on earth… When the president signs this act, the invisible government by the money power will be legitimized. The law will create inflation whenever the trusts want inflation. From now on, depressions will be scientifically created.

 

The invisible government by the money power, proven to exist by the Money Trust Investigation, will be legalized. The whole central bank concept was engineered by the very group it was supposed to strip of power”. [12]



#44 Adele Edisen

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Posted 07 July 2014 - 06:28 AM

The Federal Reserve System is a non-partisan issue.

 

QUOTE

 

Former House Banking Committee Chairman Wright Patman (D-TX), declared of Federal Reserve Eight Families owners,

“The United States today has in effect two governments. We are the duly constituted government. Then we have an independent, uncontrolled and uncoordinated government in the Federal Reserve System, operating the money powers which are reserved to Congress by the Constitution”. [20]

 

Since the creation of the Federal Reserve, US debt (mostly owed to the Eight Families) has skyrocketed from $1 billion to nearly $14 trillion today.

 

This far surpasses the total of all Third World country debt combined, debt which is mostly owed to these same Eight Families, who own most all the world’s central banks.

As Sen. Barry Goldwater (R-AZ) pointed out,

“International bankers make money by extending credit to governments. The greater the debt of the political state, the larger the interest returned to lenders. The national banks of Europe are (also) owned and controlled by private interests. We recognize in a hazy sort of way that the Rothschilds and the Warburgs of Europe and the houses of JP Morgan, Kuhn Loeb & Co., Schiff, Lehman and Rockefeller possess and control vast wealth. How they acquire this vast financial power and employ it is a mystery to most of us.” [21]



#45 Adele Edisen

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Posted 07 July 2014 - 01:22 PM

USA - Federal Reserve Bank
The Federal Reserve Act - passed by 3 (THREE) senators in a unanimous voice vote on 23 December 1913 -

while everyone else

was home for the holidays.
Some people think of the Federal Reserve Banks as United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers;

and rich and predatory money lenders.
The Fed has followed a consistent policy of flooding the economy with easy money, leading to a misallocation of resources and an artificial "boom"

followed by a recession or depression

when the Fed-created bubble bursts.
From the Great Depression, to the stagflation of the seventies, to the burst of the dotcom bubble, to the housing market crisis, every economic downturn suffered by the country

over the last 80 years

can be traced to Federal Reserve policy.



#46 Adele Edisen

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Posted 07 July 2014 - 01:33 PM

Where is it stated that IRS is private company? - Daily Paul

www.dailypaul.com › ForumsDaily Paul Liberty Forum

 

Daily Paul
..
Jan 27, 2008 - 26 posts - ‎23 authors
The IRS is actually a private collection agency hired by and working for the U.S. Dept of the ... It is an organization owned by a banking cartel.

 

 

http://www.dailypaul...private-company

 

Please read statements on this Google page.   IRS is called a govenment corporation,

but it is not clear to me.   So I am still wondering. Is there a legal expert out there?



#47 Larry Trotter

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Posted 07 July 2014 - 02:49 PM

This thread reminds me of the words of a song, "I sure could use, a little good news, today". Admittedly, I know very little about this issue, but unfortunately, I am nowhere near the bottom of the knowledge pole.


Larry

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#48 Adele Edisen

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Posted 08 July 2014 - 02:08 AM

It saddens me greatly to write of these matters because I can offer no resoluion or answers

to these issues or problems.   I always appreciate your replies for they encourage me to

go on sharing whatever I have been learning.

 

Thank you, Larry


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#49 Larry Trotter

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Posted 08 July 2014 - 01:00 PM

When Adele Edisen posts, I read.


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#50 Adele Edisen

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Posted 09 July 2014 - 01:02 PM

I thought the following excerpt would help to illustrate the influeces of

global capitalism and international banking.

 

 

The Global Economic Crisis, The Great Depression of the XXI Century. Preface

Global Research, July 08, 2014
8 May 2010
 
 
119025.jpg

The following text is an excerpt of the Preface of The Global Economic Crisis. The Great Depression of the XXI Century, Montreal, Global Research, 2010.

 

In all major regions of the world, the economic recession is deep-seated, resulting in mass unemployment, the collapse of state social programs and the impoverishment of millions of people. The economic crisis is accompanied by a worldwide process of militarization, a “war without borders” led by the United States of America and its NATO allies. The conduct of the Pentagon’s “long war” is intimately related to the restructuring of the global economy.

GEC.jpg?196,196,3201137672We are not dealing with a narrowly defined economic crisis or recession. The global financial architecture sustains strategic and national security objectives. In turn, the U.S.-NATO military agenda serves to endorse a powerful business elite which relentlessly overshadows and undermines the functions of civilian government.

This book takes the reader through the corridors of the Federal Reserve and the Council on Foreign Relations, behind closed doors at the Bank for International Settlements, into the plush corporate boardrooms on Wall Street where far-reaching financial transactions are routinely undertaken from computer terminals linked up to major stock markets, at the touch of a mouse button.

Each of the authors in this collection digs beneath the gilded surface to reveal a complex web of deceit and media distortion which serves to conceal the workings of the global economic system and its devastating impacts on people’s lives. Our analysis focuses on the role of powerful economic and political actors in an environment wrought by corruption, financial manipulation and fraud.

Despite the diversity of viewpoints and perspectives presented within this volume, all of the contributors ultimately come to the same conclusion: humanity is at the crossroads of the most serious economic and social crisis in modern history.

The meltdown of financial markets in 2008-2009 was the result of institutionalized fraud and financial manipulation. The “bank bailouts” were implemented on the instructions of Wall Street, leading to the largest transfer of money wealth in recorded history, while simultaneously creating an insurmountable public debt.

With the worldwide deterioration of living standards and plummeting consumer spending, the entire structure of international commodity trade is potentially in jeopardy. The payments system of money transactions is in disarray. Following the collapse of employment, the payment of wages is disrupted, which in turn triggers a downfall in expenditures on necessary consumer goods and services. This dramatic plunge in purchasing power backfires on the productive system, resulting in a string of layoffs, plant closures and bankruptcies. Exacerbated by the freeze on credit, the decline in consumer demand contributes to the demobilization of human and material resources.

This process of economic decline is cumulative. All categories of the labor force are affected. Payments of wages are no longer implemented, credit is disrupted and capital investments are at a standstill. Meanwhile, in Western countries, the “social safety net” inherited from the welfare state, which protects the unemployed during an economic downturn, is also in jeopardy.

The Myth of Economic Recovery

The existence of a “Great Depression” on the scale of the 1930s, while often acknowledged, is overshadowed by an unbending consensus: “The economy is on the road to recovery”.

While there is talk of an economic renewal, Wall Street commentators have persistently and intentionally overlooked the fact that the financial meltdown is not simply composed of one bubble – the housing real estate bubble – which has already burst. In fact, the crisis has many bubbles, all of which dwarf the housing bubble burst of 2008.

Although there is no fundamental disagreement among mainstream analysts on the occurrence of an economic recovery, there is heated debate as to when it will occur, whether in the next quarter, or in the third quarter of next year, etc. Already in early 2010, the “recovery” of the U.S. economy had been predicted and confirmed through a carefully worded barrage of media disinformation. Meanwhile, the social plight of increased unemployment in America has been scrupulously camouflaged. Economists view bankruptcy as a microeconomic phenomenon.

The media reports on bankruptcies, while revealing local-level realities affecting one or more factories, fail to provide an overall picture of what is happening at the national and international levels. When all these simultaneous plant closures in towns and cities across the land are added together, a very different picture emerges: entire sectors of a national economy are closing down.

Public opinion continues to be misled as to the causes and consequences of the economic crisis, not to mention the policy solutions. People are led to believe that the economy has a logic of its own which depends on the free interplay of market forces, and that powerful financial actors, who pull the strings in the corporate boardrooms, could not, under any circumstances, have willfully influenced the course of economic events.

The relentless and fraudulent appropriation of wealth is upheld as an integral part of “the American dream”, as a means to spreading the benefits of economic growth. As conveyed by Michael Hudson, the myth becomes entrenched that “without wealth at the top, there would be nothing to trickle down.” Such flawed logic of the business cycle overshadows an understanding of the structural and historical origins of the global economic crisis.

Financial Fraud

Media disinformation largely serves the interests of a handful of global banks and institutional speculators which use their command over financial and commodity markets to amass vast amounts of money wealth. The corridors of the state are controlled by the corporate establishment including the speculators. Meanwhile, the “bank bailouts”, presented to the public as a requisite for economic recovery, have facilitated and legitimized a further process of appropriation of wealth.

Vast amounts of money wealth are acquired through market manipulation. Often referred to as “deregulation”, the financial apparatus has developed sophisticated instruments of outright manipulation and deceit. With inside information and foreknowledge, major financial actors, using the instruments of speculative trade, have the ability to fiddle and rig market movements to their advantage, precipitate the collapse of a competitor and wreck havoc in the economies of developing countries. These tools of manipulation have become an integral part of the financial architecture; they are embedded in the system.

The Failure of Mainstream Economics

The economics profession, particularly in the universities, rarely addresses the actual “real world” functioning of markets. Theoretical constructs centered on mathematical models serve to represent an abstract, fictional world in which individuals are equal. There is no theoretical distinction between workers, consumers or corporations, all of which are referred to as “individual traders”. No single individual has the power or ability to influence the market, nor can there be any conflict between workers and capitalists within this abstract world.

By failing to examine the interplay of powerful economic actors in the “real life” economy, the processes of market rigging, financial manipulation and fraud are overlooked. The concentration and centralization of economic decision-making, the role of the financial elites, the economic thinks tanks, the corporate boardrooms: none of these issues are examined in the universities’ economics programs. The theoretical construct is dysfunctional; it cannot be used to provide an understanding of the economic crisis.

Economic science is an ideological construct which serves to camouflage and justify the New World Order. A set of dogmatic postulates serves to uphold free market capitalism by denying the existence of social inequality and the profit-driven nature of the system is denied. The role of powerful economic actors and how these actors are able to influence the workings of financial and commodity markets is not a matter of concern for the discipline’s theoreticians. The powers of market manipulation which serve to appropriate vast amounts of money wealth are rarely addressed. And when they are acknowledged, they are considered to belong to the realm of sociology or political science.

This means that the policy and institutional framework behind this global economic system, which has been shaped in the course of the last thirty years, is rarely analyzed by mainstream economists. It follows that economics as a discipline, with some exceptions, has not provided the analysis required to comprehend the economic crisis. In fact, its main free market postulates deny the existence of a crisis. The focus of neoclassical economics is on equilibrium, disequilibrium and “market correction” or “adjustment” through the market mechanism, as a means to putting the economy back “onto the path of self-sustained growth”.

Poverty and Social Inequality

The global political economy is a system that enriches the very few at the expense of the vast majority. The global economic crisis has contributed to widening social inequalities both within and between countries. Under global capitalism, mounting poverty is not the result of a scarcity or a lack of human and material resources. Quite the opposite holds true: the economic depression is marked by a process of disengagement of human resources and physical capital. People’s lives are destroyed. The economic crisis is deep-seated.

The structures of social inequality have, quite deliberately, been reinforced, leading not only to a generalized process of impoverishment but also to the demise of the middle and upper middle income groups.

Middle class consumerism, on which this unruly model of capitalist development is based, is also threatened. Bankruptcies have hit several of the most vibrant sectors of the consumer economy. The middle classes in the West have, for several decades, been subjected to the erosion of their material wealth. While the middle class exists in theory, it is a class built and sustained by household debt.

The wealthy rather than the middle class are rapidly becoming the consuming class, leading to the relentless growth of the luxury goods economy. Moreover, with the drying up of the middle class markets for manufactured goods, a central and decisive shift in the structure of economic growth has occurred. With the demise of the civilian economy, the development of America’s war economy, supported by a whopping near-trillion dollar defense budget, has reached new heights. As stock markets tumble and the recession unfolds, the advanced weapons industries, the military and national security contractors and the up-and-coming mercenary companies (among others) have experienced a thriving and booming growth of their various activities.

War and the Economic Crisis

War is inextricably linked to the impoverishment of people at home and around the world. Militarization and the economic crisis are intimately related. The provision of essential goods and services to meet basic human needs has been replaced by a profit-driven “killing machine” in support of America’s “Global War on Terror”. The poor are made to fight the poor. Yet war enriches the upper class, which controls industry, the military, oil and banking. In a war economy, death is good for business, poverty is good for society, and power is good for politics. Western nations, particularly the United States, spend hundreds of billions of dollars a year to murder innocent people in far-away impoverished nations, while the people at home suffer the disparities of poverty, class, gender and racial divides.

An outright “economic war” resulting in unemployment, poverty and disease is carried out through the free market. People’s lives are in a freefall and their purchasing power is destroyed. In a very real sense, the last twenty years of global “free market” economy have resulted, through poverty and social destitution, in the lives of millions of people.

Rather than addressing an impending social catastrophe, Western governments, which serve the interests of the economic elites, have installed a “Big Brother” police state, with a mandate to confront and repress all forms of opposition and social dissent.

The economic and social crisis has by no means reached its climax and entire countries, including Greece and Iceland, are at risk. One need only look at the escalation of the Middle East Central Asian war and the U.S.-NATO threats to China, Russia and Iran to witness how war and the economy are intimately related.

Michel Chossudovsky, Montreal, May 2010



#51 Larry Trotter

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Posted 09 July 2014 - 01:42 PM

I am sure I need to read Adele Edisen's post #51 for details, and I will, but I am reminded of a scene from the movie Executive Action, when the Robert Ryan portrayed character talks about the "over population" of the planet.


Larry

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#52 Adele Edisen

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Posted 11 July 2014 - 05:31 AM

Elements of the Eugenics Movement were interested in selective human breeding and

depopulation to make the number of people on earth lower and of  certain preferred races.

Much of this thinking weng back to Malthus, but in the 19th and 20th Century in the US

the Rockefeller family funded organizations to limit population growth, especially amongst cetain

groups of people.  Immigration of certain peoples from certain parts of the world was also

limited.  The federal governrnent forced sterilation proceedures on young black women and

men to prevent them from having children.

 

In Nazi Germany, beginning in the early 1930s, sterilization and killing of Gypsies and

retarded people was done, eventually leading to the death camps for Jews, dissidents,

Germans, Poles, Checkoslovakians, Russians, French, Dutch, Catholics, Protestants,

atheists, etc.  Some 15 million men, women, and children, 6 million of whom,were Jews.

 

Much of the reasoning of Malthus was that if the populations grew exponentially, there

would be a limit in the food supply which could not increase exponentially.   Therefore

population growth had to be limited.  This 'justifies' civilian deaths .through wars and

other means, supposedly, by supporters of these.ideas.

 

According to information from Google, the US population in 2014 is 317 Million and

the total earth's population is 7.1 Billion.  Some economists calculae that with current

technology and equitable distribution applied to farming and animal husbandry and

environmental staability, the land and sea resources could easily sustain a large

population..  The problem right now is the unequal distributin of food supplies and

resources so many people in the world are starving, even here within the United States.



#53 Adele Edisen

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Posted 15 July 2014 - 04:13 PM

Century of Enslavement: The History of the Federal Reserve

 

 

http://www.corbettre...Corbett Report)

 
Video - about 1-1/2 hours long. Excellent presentation on Federal
Reserve Banking System and privately owned Central Banks
all over the world.
 


#54 Adele Edisen

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Posted 22 July 2014 - 11:08 PM

A new book and a new look at Capitalism, CAPITAL IN THE 21ST CENTURY

by Economist Thomas Piketty.

 

 

Video:  42:49 minutes.   Interview of Piketty by Ryan Grim with Alexis Goldstein.



#55 Adele Edisen

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Posted 22 July 2014 - 11:28 PM

Economist Michael Hudson has additional information and views:

Michael Hudson is author of THE BUBBLE AND BEYOND.

 

 
Video:  23:13 minutes


#56 Adele Edisen

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Posted 22 July 2014 - 11:53 PM

Michael Hudson talks about bankers and banks and how debts were handled

in the past which was a surprise to learn, and how debts could be resolved today.

 

 

Video:.  9:36 minutes



#57 Adele Edisen

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Posted 23 July 2014 - 12:39 AM

Bill Moyers' conversation with Economist Paul Krugman about Thomas Piketty's book,

CAPITAL IN THE TWENTY-FIRST CENTURY.

 

 

Video:   24:30 minutes



#58 Adele Edisen

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Posted 23 July 2014 - 07:44 PM

===================
BrasscheckTV Report
===================

A fresh look at the Depression

From Boom to Bust

In 1927, Henry Ford was voted
the most important man in history
(after Napoleon.) 

By the 1930s, he needed machine
guns around his estate for
protection.  

Video:  55:20 minutes long, from PBS, Public Broadcasting System.

http://www.brasschec...page/26946.html



- Brasscheck TV 



#59 Adele Edisen

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Posted 25 July 2014 - 10:23 PM

After viewing this video about the Great Depression,  I wondered if people

will ever learn the lessons History tries to teaches us, because here we are,

almost again in the same situation.  This time the City of Detroit is far worse off.

 

President Roosevelt and his administration saved Capitalism by initiating

Reforms to the economic system and creating legislation to control the 

unregulated banking and marketing system.   Roosevelt created the 

Securities and Exchange Commission to oversee Wall Street's business,

and put Joseph Kennedy, John F. Kennedy's father, in charge of it.

Roosevelt also created the Social Security System and the Unemployment

Compensation System, and government-funded jobs, such as the 

CCC, the Civilian Conservation Corps, and the WPA. 



#60 Adele Edisen

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Posted 26 July 2014 - 03:09 AM

Dr. Richard D. Wolff is a former Professor of Economics at the University of

Massachusetts.   He studied at Harvard, Stanford, and received his Ph.D. in 

Economics at Yale University.  

 

"Crisis and Openings"  -  Lecture given 1 year ago - A Historical account and

analysis of American Capitalism  -  About 1 hour and 34 minutes long

 


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