I figured I would also add in this reminder......
Quote:
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The following system was installed in 1913 with the ratification of the income tax amendment (the sixteenth amendment) and the passage of the Federal Reserve Act. Both of these were spearheaded by Senator Nelson Aldrich, the maternal grandfather of David Rockefeller, under the guidance of the House of Rothschild. The Federal Reserve Act was drafted by Paul Warburg, a Rothschild intimate. In a Thanksgiving 1910 secret meeting on Jekyll Island, Georgia, the establishment's leaders met and agreed to the plan. The system was not fully enabled until the passage of the Banking Act of 1933, the precipitous passage of which was overseen by FDR's treasury secretary William Woodin and an armada of private bankers (more on this shortly). Full fiat central banking was realized in 1971 when President Nixon removed all semblance of a gold standard for Federal Reserve funds.
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From AMPP:
The Architecture of Modern Political Power
(click on "The Banking Scham" on the leftscreen menu.)
“The Federal Reserve Banks are one of the most corrupt institutions the world has ever seen. There is not a man within the sound of my voice who does not know that this Nation is run by the International Bankers.”
-Congressman Louis T. McFadden
“...From now on depressions will be scientifically created.”
-Congressman Charles A. Lindbergh, Sr., 1913, on the Federal Reserve Act
“We are completely dependent on the commercial banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the banks create ample synthetic money we are prosperous; if not we starve. We are absolutely without a permanent money system.... It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied very soon.”
-Robert H. Hamphill, Atlanta Federal Reserve Bank
“By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens...”
-John Maynard Keynes
“In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.”
-Alan Greenspan, 1967, from "Gold and Economic Freedom"
And of course, Bernanke.....
“Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve. I would like to say to Milton and Anna: Regarding the Great Depression. You're right, we did it. We're very sorry. But thanks to you, we won't do it again.”
-Ben S. Bernanke, 2002-Nov-8, at a celebration of Milton Friedman's ninetieth birthday
Keynes is the father of the activist monetary policy that is in practice today in the industrialized world. Greenspan, of course, is the longtime chairman of the Federal Reserve and of the FOMC. Bernanke replaced Greenspan in March 2006.