The American Dream – a very important video
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The Creature from Jekyll Island – a fantastic but true story.
Our economic system is in trouble, people are losing jobs, housing prices are collapsing, with more to come…
This is happening NOW because of what happened on Jekyll Island in 1910.
It was November of 1910 when Senator Nelson Aldridge sent his private railroad car to the New Jersey railroad station where it was held in readiness, awaiting the arrival of himself and six other men who were told to come under conditions of secrecy. They were told not be seen together as they went to the railroad station, not to dine together, not to tell anybody really except maybe the closest persons in their family where they were going, and certainly not even to tell them why they were going.
One of the men on that train carried a shotgun in a big black case for the purpose of — had he been stopped by a newspaper reporter and asked where he was going — he was prepared to say he was going on a duck hunting trip. And we discover later from the memoirs of one of his children that this man didn’t even own that gun, he never fired a shotgun in his life, and it was a borrowed weapon simply for the purpose of deception.
G. Edward Griffin’s Video on the banker’s conspiracy – Now you can watch it on your computer!
After the men boarded the private railroad car — the equivalent of a private Boeing jet today — they were told that when they got on board, they were to continue the conditions of total secrecy. They were instructed not to address one another by their last names. They were told to address each other by first names only, and in the case of two of these men, they dropped their first names completely and adopted code names.
From the writings of one of these men who wrote about it years later: he said that the purpose of such secrecy was so that the servants on board the railroad car would not know the names of all the participants. Obviously, they knew the name of Senator Nelson Aldridge. They were employed by him. And, they might have known the names of one or two of the others but not all, and it was the list of all of these names together that was unusual; these were very powerful and influential and well-known men. It their presence on that train has been leaked by the servants, it they had just talked about it, it might have gone from one person to another person and the first thing you know it would have been in the newspapers and would have completely defeated the purpose of the meeting.
And what was the purpose of the meeting?
Once on board the train, they traveled for two nights and a day. I’m sure they were discussing their ultimate plans all the way along, and when they awoke the next morning, they were at Brunswick, Georgia. They got off the train and were taken by ferry-boat across the inland straights to Jekyll Island. In those days, Jekyll Island was owned by a very small group of billionaires (by today’s inflated standards) from New York. It was a private island. It was a resort club where the families of the very, very wealthy went to escape the cold winter months of New York.
They had beautiful “cottages” as they called them. You can visit Jekyll Island today and you can see that these so-called cottages were really mansions — architectural splendors. But the showcase of the whole island was the clubhouse, and it too is still standing. You can visit there today. You don’t have to take a ferry-boat. You can now drive across a bridge. The clubhouse is a well-preserved beautiful wooden structure. It was in that clubhouse that the men went and sat around a little table in one of the blue rooms and cranked out all the details of what was to become the “Federal Reserve System”.
By the way, they also relieved all the servants at the clubhouse and brought in a new, temporary employees to serve this elite group — again for the purpose of not being able to recognize and therefore talk about the attendees.
In that room there’s a table — possibly the same one used in 1910 — with a bunch of chairs around it and pictures of the men on the wall.
What I’m telling you is not secret, it’s just not well known. I went to the research facilities of the island. They had a librarian there. She was a wonderful lady and she was more than happy to open up all of her filing cabinets and show me photographs and notes and records dating to that meeting and that period — very helpful. So this is not secret information today. It comes from that library.
In 1910 those men sat around that table for a week and then, when they were done, they got back on the train, back in that private railroad car, and I’m sure they were still discussing it on the way back, and they they disappeared into the environs of Wall Street and New York.
For many years after that, these seven men denied — vehemently denied — that they attended such a meeting. Never happened, they said. Gradually, as the word got out and more people began to discuss it, they said, “Well yes, we went, but we just went to play some poker and smoke some good cigars, a gentleman’s meeting, you know, and do some duck hunting.
Finally, after the Federal Reserve Act was passed into law three years later in 1913 during Woodrow Wilson’s administration, and even after that, when people in America began to accept the existence of the Federal Reserve System, then and only then did these seven men begin to talk openly about their role and what they did there, what they discussed, and what decisions they made.
The decisions they made in 1910 are economically controlling you today as you read this article. Your future depends upon understanding what they are doing to you, your children, and our country — and DOING SOMETHING ABOUT IT.
And so today, because of their memoirs and because of the biographies that have been written about them by friendly biographers, and by the notes of their children and through interviews with newspaper reporters, you can go to any well-stocked library today and read in minute detail exactly what was on the minds of these seven men, what decisions they made and why they came to those decisions.
We are now living, enduring, and suffering their legacy.
Now, who were these seven men? The first one I’ve already mentioned was Senator Nelson Aldridge. He was the one who owned the railroad car. He was perhaps the most powerful politician in Washington at the time, second only to the President of the United States, who at the time was William Howard Taft. Aldridge was Chairman of the National Monetary Commission. That was the special branch of Congress which was given the job of coming up with proposed legislation that would be offered to Congress and to the American people as a solution to a big problem in banking.
The problem was that Americans were deeply concerned at that time over the concentration of financial power into the hands of a few powerful brokerage firms and banking institutions in Wall Street and in New York, and in those days they called that the Money Trust.
So Senator Aldridge was the chairman of that special committee that was to draft this legislation. Now, you need to know more about him. He was a very wealthy man, he was a business associate of JP Morgan, he was the father-in-law to John D. Rockefeller, Jr., which of course made him the grandfather to our former Vice President of the United States, Nelson Rockefeller. You may remember that Nelson Rockefeller’s middle name was Aldridge; Nelson Aldridge Rockefeller, and so he was named after his very famous grandfather.
The second man on board the private railroad car to Jekyll Island was Abraham Piatt Andrew. He was Assistant Secretary of the Treasury. He was the only federal official on board, and even that is not a correct explanation or description of him, because he was Assistant Secretary of the Treasury because he came from a very wealthy banking family. He was primarily a banker before he want into Washington as Assistant Secretary of the Treasury. So, his heart and his loyalties were really with the banks — an interesting person.
All of these seven characters were rich with history. Andrew later became a Congressman, but more than that, he represented some of the largest Wall Street investment firms and he also went to Moscow during the period leading up to the Bolshevik Revolution. He was instrumental in transmitting huge amounts of money from Wall Street into the coffers of the Bolsheviks. The plan as he and others explained it was simply to buy influence among the Bolsheviks so that when they came to power, they could then close the deal and exploit Russia’s natural resources and have some influence over the political Bolsheviks. Abraham Piatt Andrew was not just an Assistant Secretary of the Treasure … he was a man with an interesting track record and was well connected with the banking system.
The third person on board was Frank Vanderlip. He was the president of the National City Bank of New York, which was one of the big banks — the biggest of all the banks at that time, representing the financial interests of William Rockefeller and Kuhn, Loeb & Co.
Henry Davidson was also on board that train. He was a senior partner of JP Morgan Company. Charles Norton was at Jekyll Island. He was the president of the First National Bank of New York, another one of the giants. Benjamin Strong was there. He was head of JP Morgan’s Banker’s Trust Company, and he later became the first actual head of the Federal Reserve System in 1913.
And, finally, last but not least: Paul Warburg was there. He was probably the most important person in terms of knowledge of banking. He was a naturalized American citizen. He was born in Germany and was a full partner of Kuhn, Loeb & Co., and then he was a representative of the Rothschild’s banking dynasty in England and France, and throughout all of his career in the United States, he maintained a very close business relationship with his brother Max Warburg, who was head of the Warburg banking consortium in Germany and The Netherlands.
Those were the seven men who created the Federal Reserve System. By the way, about Warburg, if there are any little Orphan Annie fans here, you may remember the character Daddy Warbucks. If you had lived at that time, you would have known that Daddy Warbucks was really a characterization of Paul Warburg, even his appearance — the bald-head and everything else.
These seven men were well known at the time and they were the subject of cartoons and caricatures. If you recall the game Monopoly, the original art work in Monopoly — a little fat banker with a cigar sitting on a bag of money — that’s J.P. Morgan.
These are the men who went to Jekyll Island under conditions of extreme secrecy and created the Federal Reserve System. According to the estimates in the newspapers at the time, these men represented directly, through the wealth which they personally controlled or, indirectly, through the institutions which they directed — the banking institutions around the world. They represented approximately one-fourth OF THE WEALTH OF THE ENTIRE WORLD. Now, think about that for a minute: are these the kind of fellows you would want to break the grip of the Money Trust?
Why did the banks and the federal government form this partnership? What’s in it for them? When people go into partnership, there’s usually something of benefit to both partners or they wouldn’t do it. So, let’s take a look at that and, in order to answer that question, we have to examine for a moment how money is created in America and most of the world today. I call this the Mandrake Mechanism, because it does enable the banks to create money out of nothing and to cause it to disappear back into nothing. Now, let’s see how this process works.
Congress likes to spend money — lots and lots of money, because that makes Congressmen popular; they get elected by giving away benefits, etc. Spending money is an important activity for politicians, but raising taxes in order to pay for their benefits is not a popular thing. So politicians always have this dilemma of how to spend more money without increasing taxes.
But if you’re a politician, that is no problem whatsoever. You just borrow it like anybody else might borrow it. If you want to spend more than you take in, you borrow it, and then you can spend it for awhile, at least. On the private side of the equation, people like you and me can only do that up to a point and then we run out of credit and we lose our property.
Politicians don’t have that little problem because they can just keep creating it and creating it, increasing the national debt and so forth, and they never expect to pay it back. It never crosses their minds. They just know that in their dark little hearts, they’re going to keep creating money, borrowing money, spending and spending, until the economy collapses, and they they’ll say, “Golly, I wonder what happened?” And then they’ll start it all over again until everyone is bankrupt.
Now what? Here’s where the Creature from Jekyll Island — the Federal Reserve System — comes into the picture. Let’s just mentally imagine that the Secretary of the Treasury walks into the Federal Reserve building and the president of the Federal Reserve says, “Come in, Sir, we’ve been expecting you. Since you come here every day, we know you’re here for a loan.” The treasury official says, “Yes, I’m here for a loan.” And the Federal Reserve officer says, “Well, how much would you like today?” And the treasury official says, “Oh, another billion would probably cover us until noon tomorrow.” And the Federal Reserve president says, “No problem.”
The treasury official says, thank you very much. On his way out, he deposits the billion dollar loan from the Federal Reserve into the account of the federal government, and now the federal government has another billion dollars, just like that. Everybody’s happy.
Why are the banks in it? The Federal Reserve says that the banks have to keep 10% of all their loans in reserve. So, if all their loans that are out there have to be backed by 10% in reserve — I, as a smart banker, get a piece of paper out there and I write across the top oft he ledger “reserve”. I enter $1,000. Okay. $1,000 is 10% of what? Oh, $10,000. So that means I can loan $9,000 and still have 10% reserves, can’t I, because I put the reserve in first. So now, I can create the money out of thin air and loan it to you, and I’ve complied with my requirement through the Federal Reserve because I have 10% in reserve.
By the time they add in the interest they’re making on nothing, now the interest figure goes up by at least a factor of nine — at least that, and in some cases even more because they have ways of repeatedly rotating this process in and out and working on the float.
Let’s see how it affects YOU. When this money is created out of nothing, the money supply expands. It expands at a rate greater than the expansion of goods and services. The discrepancy between the money supply and the value that’s underneath it is what we call inflation. Prices appear to be going up. I say “appear” to be going up because they’re not really going up. What’s really happening is that the VALUE OF THE DOLLAR IS GOING DOWN. That’s the real equation.
Had we lived in ancient Rome and we had a one ounce gold coin, we would have been able to buy with it a nice toga, a hand-crafted belt, and a pair of sandals — that’s about the price. Today, we’ve got a once ounce gold coin, a Krugerrand or something with no particular numismatic value, just one ounce of gold, and you take it to a bank and cash it or take it to a coin store and cash it in real fast before your paper money loses value — and you’ll find you can buy a nice suit, a hand-crafted belt, and a nice pair of shoes. The price of these things hasn’t really changed in thousands of years when based upon something of tangible value.
REPORT CARD ON THE FEDERAL RESERVE
Let’s take a look at how well the Federal Reserve has done its mission. Let’s give it a report card. Just how well has it done over the past 96+ years?
Since 1913, when it was enacted in law by Congress, the Federal Reserve has presided over the crashes of 1921 and 1929, The Great Depression of 1929-1939, recessions in the years 1953, 1957, 1969, 1975, 1981, a stock market Black Monday in 1987, Mr. Toad’s Wild Ride in the stock market since the fall of 1998, and now a complete meltdown of the dollar, soaring corporate debt, soaring personal debt greater than ever, business and personal bankruptcies are at an all-time high, banks and savings and loans have failed in larger numbers than ever before, interest on the national debt is consuming half of our tax dollars, interest on consumer debt has driven the average personal savings rate into a negative range, unemployment is increasing, and — although income has risen each year in terms of paper dollars — the real purchasing power of such paper dollars for the middle class has been dropping steadily for over 35 years.
The national debt is well over 7 trillion dollars and now in a vertical climb. A stack of $100 bills equaling 5 trillion dollars would rise 3,350 miles into space. Inflation since 1913 has been well over 1,000 percent and it has destroyed more than 90 percent of the purchasing power of the American people in that time.
By ANY reasonable standard of evaluation over the past 96+ years, here is the Federal Reserve System’s grade in that report card: F minus.
What is the benefit to the members of the partnership? The federal government benefits because it is able to tax the American people any amount it wishes through a process which the people do not understand called inflation. They don’t realize they’re being taxed which makes it real handy when you’re going for re-election. On the banking side they’re able to earn perpetual interest on nothing. I emphasis the word “perpetual” because remember when the loan is paid back it’s turned around and loaned out to somebody else. Once that money is created the object of the bank is to stay “loaned up” as they say. In reality the banks can never stay 100% loaned up and that ratio varies a lot but the objective is to stay loaned up to whatever extent is possible. Generally speaking once this money is created in the loan process it is out there in the economy forever, perpetually earning interest for one of the members of the banking cartel which created that money.
I came to the conclusion that the Federal Reserve needed to be abolished for six reasons. I’d like to read them to you now just so that you get an idea of where I’m coming from. I put these into the most concise phrasing that I can to make them somewhat shocking and maybe you’ll remember them:
1. The Federal Reserve is incapable of accomplishing its stated objectives.
2. It is a cartel operating against the public interest.
3. It’s the supreme instrument of usury.
4. It generates our most unfair tax.
5. It encourages war.
6. It destabilizes the economy.
The Shadows of Power: The Council on Foreign Relations and the American Decline by James Perloff
“We can not absolutely know that all these exact adaptations are the result of preconcert. But when we see a lot of framed timbers, different portions of which we know have been gotten out at different times and places and by different workmen–Stephen, Franklin, Roger and James, for instance–and when we see these timbers joined together, and see they exactly make the frame of a house or a mill, all the tenons and mortices exactly fitting, and all the lengths and proportions of the different pieces exactly adapted to their respective places, and not a piece too many or too few–not omitting even scaffolding–or, if a single piece be lacking, we can see the place in the frame exactly fitted and prepared to yet bring such piece in–in such a case, we find it impossible to not believe that Stephen and Franklin and Roger and James all understood one another from the beginning, and all worked upon a common plan or draft
drawn up before the first lick was struck.”
“Stephen, Franklin, Roger and James” refers to
Stephen A. Douglas, Franklin Pierce, Roger B. Taney,
and James Buchanan.
John F. Kennedy was assasinated for opposing the Fed.
to end the FED.
JOHNSON RESCINDED THAT ORDER
There you have in a condensed form a crash course on the Federal Reserve System and I can assure you that you know more about the Federal Reserve than you would probably if you enrolled in a four year course in economics because they don’t teach this reality in school.
It is unfortunate, but understandable, that young people in the United States are not taught (in the government’s schools) the history and operation of their country’s most powerful financial institution, The Federal Reserve System. Created in 1910, codified by Congress in 1913 (along with the personal income tax), this “system” facilitated the U.S. government’s ability to inflame the nation’s citizens for the purpose of supporting the European war of 1914-1918 (World War I). Warfare provides a source of immense borrowing and provides banking corporations with huge profits in the form of interest income. Several of these same Wall Street banks financed Adolph Hitler’s rise to power two decades later preceding World War II. That’s called “playing both sides to benefit the middleman.” Ultimately, Hitler became the bankers’ Frankenstein, so he had to be destroyed. But in the process of destroying him, even more war-generated money was realized by the Federal Reserve bankers-in-charge.
End the Fed (Hardcover) by Ron Paul
This process has gone on not only to a marked degree in America and in the other industrialized nations of the world, but it has gone on in the so-called third world or underdeveloped nations to such a degree that I would say the process is now complete. They own these countries already. Have you ever wondered what’s going on there at the International Monetary Fund and the World Bank? Kind of an obscure operation isn’t it? you don’t read much about it except once in a while on the back page of the newspaper you find out that Congress at the insistence of the President authorized another $100 billion for the International Monetary Fund. And then the article tells you that this money will be used to make loans to underdeveloped nations or grants to them to raise their standard of living. Do you REALLY believe that? That’s one of those appearances of the fourth kind if you ever saw one. If the money is to be used to raise the standard of living of these countries they’re not doing a very good job of it because after all of these decades, after all of these hundreds of billions of dollars, you cannot point to one country that has had its standard of living raised one iota by that process. In fact, in most cases it’s the other way around and that’s not an accident because the money has not been used to raise the standard of living. The money does not go to the people in those countries. It goes to the politicians of those countries, to their governments, and the money is designed and spent to strengthen their power structures, their ability to control their populations. They usually start off as inefficient dictatorships but by the time they get all this money from the IMF, they are now efficient dictatorships. They have a well-equipped army, a better bureaucracy, and TOTAL CONTROL OF THEIR SUBJECTS. That’s where the money — YOUR money — is being spent.
These countries have been purchased because the politicians in those countries are now totally addicted to this money. We talk about welfare families in America that are third and fourth generation welfare, they’re on the dole forever, they cannot dream of anything else. The politicians in these countries are the same way and it’s now second, third and in some cases fourth generation international welfare from the United Nations funding. They have no ideology — communism, socialism, capitalism, fascism, what difference does it make? Where’s the money? As long as they live well, they have their mansions, their yachts, their limousines, they go to New York to the UN and have their suites at the Waldorf-Asoria and that’s all they care about.
These countries have been purchased through this means and are now owned by these powerful banking interests. Not only does this transfer of wealth from America to these countries not raise their standard of living, but it does lower ours. That too, believe it or not, is part of the plan. Just waste, get rid of money, get rid of productive power to reduce our standard of living. A strong nation is not a candidate to surrender its sovereignty but a weak nation is. If America can ECONOMICALLY be brought to her knees where she is struggling for survival, if her people are hungry, if we have riots in our streets, then Americans could possibly be grateful for any assistance we could get from the U.N. (under the financial control of the same powerful banking interests).
Those wonderful blue-helmeted peace-keeping forces could bring order back to our streets or create an international money, a new world money with purchasing power that again might be welcomed by the unthinking, unknowing American public devastated first by depression and then by runaway inflation.
Meanwhile, we’ve lost the liberties for which the founders of America gave “their lives and sacred honor.”
What I’m trying to say is that the name of the game out there is not wealth, it is power.
Our enemies have been working on total economic control for 100 years. Their entire plan began after the turn of the last century, and they have the long view of history. Unless we too have the long view of history, we’re never going to turn it around. But we must take the long view of history because our children, grand-children, and great-grandchildren will otherwise pay the price for our indifference and apathy.
“The world is a dangerous place to live, not because of the people who are evil,but because of the people who don’t do anything about it.” — Albert Einstein
Who Owns the “Federal” Reserve?
Here’s a list you don’t see very often…
There are those who say, “When all the so-called ‘bail outs are over’ these families will effectively own our country”:
Here’s a list of the actual owners of the Federal Reserve:
1. Rothschilds of London and Berlin (main family)
2. Lazard Brothers of Paris
3. Israel Moses Seaf of Italy
4. Kuhn, Loeb & Co. of Germany and New York
5. Warburg & Company of Hamburg, Germany
6. Lehman Brothers of New York
7. Goldman, Sachs of New York
8. Rockefeller Brothers of New York
That has never been a thorough, comprehensive audit of the Federal Reserve since its creation in 1913. Such an Audit is long overdue.
Woodrow Wilson, U.S. President:
“Since I entered politics, I have chiefly had men’s views confided to me privately. Some of the biggest men in the United States, in the field of commerce and manufacture are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they better not speak above their breath when they speak in condemnation of it.”
Woodrow Wilson also said:
“I have unwillingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated in the hands of a few men.
We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the world…no longer a government of free opinion, no longer a government by conviction and vote of the majority, but a government by the opinion and duress of small groups of dominant men.”
Edward Mandell House wrote “Philip Dru: Administrator“, where he stated that he was working for “socialism as dreamed of by Karl Marx.”
Woodrow Wilson described Edward Mandell House as his “alter ego” (his other self).
* * * * * * *
Quotations of note regarding The Creature from Jekyll Island:
“Give me control of a nation’s money and I care not who makes it’s laws” — Mayer Amschel Bauer Rothschild
“Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited.It operates outside the control of Congress and manipulates the credit of the United States”
the worst legislative crime of the ages is perpetrated by this banking and currency bill.”
— Charles A. Lindbergh, Sr. , 1913
“From now on, depressions will be scientifically created.”
— Congressman Charles A. Lindbergh Sr. , 1913
Great Myths of the Great Depression (Pamphlet)
— Congressman Louis T. McFadden (Rep., PA)
Chairman of the Committee on Banking and Currency (12 years) June 10, 1932
“Some people think the Federal Reserve Banks are the United States government’s institutions. They are not government institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign swindlers.”
— Congressional Record 12595-12603 — Louis T. McFadden,
Chairman of the Committee on Banking and Currency (12 years) June 10, 1932
From the Federal Reserves Own Admissions:
“When you or I write a check there must be sufficient funds in our account to cover the check, but when the Federal Reserve writes a check there is no bank deposit on which that check is drawn. When the Federal Reserve writes a check, it is creating money.”
— Putting it simply, Boston Federal Reserve Bank
“It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”
— Henry Ford
“Should government refrain from regulation (taxation), the worthlessness of the money becomes apparent and the fraud can no longer be concealed.”
— John Maynard Keynes, “Consequences of Peace.”
“Banking was conceived in iniquity and was born in sin. The Bankers own the earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in.
But, if you wish to remain the slaves of Bankers and pay the cost of your own slavery, let them continue to create deposits“.
— SIR JOSIAH STAMP (President of the Bank of England in the 1920’s, the second richest man in Britain)
“The modern Banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banks can in fact inflate, mint and unmint the modern ledger-entry currency”.
— Thomas Jefferson. President of the United States of America.
Crouch down and lick the hands which feed you.
May your chains set lightly upon you, and may posterity forget that ye were our countrymen.”
— Samuel Adams, Signer of the Declaration of Independence
“We were just obeying orders” was the common excuse at Nuremberg.
How did that work?
WATCH THIS VIDEO To help you remember.