NO QUARTER FOR CORRUPTION (Focussing on The Fed./FRBS)

[jawmoke]

The government of the United States of America does not issue its own money, it borrows it from the private bank known as the Federal Reserve and pays interest on the loan. This creates the national debt.

The money the Federal Reserve loans to the government of the United States of America is backed by bonds issued by the government. This con is the source of most, if not all, international wars and domestic suffering from poverty.

To understand what stands in the way of global peace is to understand money. A lot can be understood about money just by reading these quotations.

These quotes come from the last few pages of “The Nature of Money” by Charles Walters. It is only 16 pages long including the quotes and well worth the effort to read and understand it.

“This business of borrowing money into circulation, then withholding more money creation to make payment and debt service impossible, haunted Persia, cursed Greece and Rome, annihilated the defense of Carthage, and presided over death and wars between Deuteronomy and the eve of the 1948 presidential election.” — Charles Walters in Acres U.S.A.
•
“The Bank hath benefit of interest on money which it hath created out of nothing.” — William Patterson
•
“I care not what puppet is placed upon the throne of England. . . . The man that controls Britain’s money supply controls the British Empire, and I control the British money supply.” — Nathan Mayer Rothschild
•
“The Colonies would gladly have borne the little tax on tea and other matters had it not been that England took away from the Colonies [the right to issue] their money, which created unemployment and dissatisfaction.” — Benjamin Franklin
•
“They saw that here was a nation that was ready to be exploited; here was a nation that had been setting up an example that they could issue their own money in place of the money coming through the banks. So the Rothschild Bank caused a bill to be introduced in the English Parliament which provided that no colony of England could issue their own money. They had to use English money. Consequently, the Colonies were compelled to discard their script and mortgage themselves to the Bank of England in order to get money. For the first time in the history of the United States our money began to be based on debt. Benjamin Franklin stated that in one year from that date the streets of the Colonies were filled with unemployed.”— Sen. Robert Owen, first chairman of the Senate Committee on Banking and Currency
•
“The skirmishes at Lexington and Concord are considered the start of the Revolt, but the point of no return was probably May 10, 1775, when the Continental Congress assumed the power of sovereignty by issuing its own money.” — Stephen Zarlenga
•
“The Central Bank is an institution of the most deadly hostility existing against the principles and form of our Constitution. . . . I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the Government at defiance. The issuing power should be taken from the banks and restored to the people to whom it properly belongs. If the American people ever allow the banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children will wake up homeless on the continent their fathers occupied.” — Thomas Jefferson
•
“Banking was conceived in iniquity and born in sin. . . . Bankers own the world. Take it away from them, but leave them the power to create money . . . and with the flick of the pen, they will create enough money to buy it back again . . . Take this power away from bankers, and all great fortunes like mine will disappear, and they ought to disappear, because this would then be a better and a happier world to live in . . . But if you want to continue to be the slaves of bankers, and pay the cost of your slavery, let them continue to create money.”— Josiah Stamp, former President of the Bank of England
•
“If all bank loans were paid, no one would have a bank deposit, and there would not be a dollar of currency or coin in circulation. This is a staggering thought. We are completely dependent on the commercial banks. Someone has to borrow every dollar we have in circulation, cash or credit . . . We are absolutely without a permanent monetary system. When one gets a complete grasp upon the picture, the tragic absurdity of our hopeless position is almost incredible — but there it is. It (the banking problem) is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless is widely understood and the defects remedied very soon.” — Robert Hemphill, former credit manager of the Federal Reserve Bank of Atlanta
•
“Money is the creature of law and the creation of the original issue of money should be maintained as an exclusive monopoly of National Government. Government possessing the power to create and issue currency . . . need not and should not borrow capital at interest as the means of financing governmental work and public enterprise. The Government should create, issue, and circulate all the currency and credit needed to satisfy the spending power of the Government and the buying power of consumers. The privilege of creating and issuing money is not only the supreme prerogative of Government, but it is the Government’s greatest creative opportunity. The taxpayers will be saved immense sums in interest. . . . Money will cease to be master and become the servant of humanity. Democracy will rise superior to the money power.” — Abraham Lincoln
•
“If that mischievous financial policy, which had its origin in the North American Republic (the public issue of usury-free currency) should become indurated down to a fixture, then that Government will furnish its own money without cost. It will pay off debts and without a debt. It will have all the money necessary to carry on its commerce. It will become prosperous beyond precedent in history of the civilized governments of the world. The brains and wealth of all countries will go to North America. That government must be destroyed or it will destroy every monarchy on the globe.” — Otto von Bismark
•
“I have two great enemies, the southern army in front of me and the financial institutions in the rear. Of the two, the one in the rear is the greatest enemy.” — Abraham Lincoln
•
“The few who can understand the system [created by the National Banking Act] will either be so interested in its profits, or so dependent on its favors, that there will be no opposition from that class, while on the other hand, the great body of the people mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear its burdens without complaint, and perhaps without even suspecting that the system is inimical to their interests.” — Rothschild Bros. of London, 1863
•
“My agency in promoting the passage of the National Bank Act was the greatest financial mistake of my life. It has built up a monopoly which affects every interest in the country. It should be repealed, but before that can be accomplished, the people will be arrayed on one side and the banks on the other, in a contest such as we have never seen before in this country.” — Salmon P. Chase, Secretary of State and Chief Justice of the Supreme Court
•
“While boasting of our noble deeds, we are careful to conceal the ugly fact that by our iniquitous money system we have nationalized a system of oppression, which, though more refined, is not less cruel than the old system of chattel slavery.” — Horace Greeley
•
“The money power preys upon the nation in times of peace and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy. I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. Corporations have been enthroned, an era of corruption in high places will follow, and the money-power of the country will endeavor to prolong its reign by working upon the prejudices of the people until the wealth is aggregated in a few hands and the Republic is destroyed.” —Abraham Lincoln
•
“Whoever controls the volume of money in any country is absolute master of all industry and commerce. . . . And when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.” — James A. Garfield
•
“The gold standard has slain its tens of thousands. If they ask us why we do not embody in our platforms all the things that we believe in, we reply that when we have restored the money of the Constitution, all other necessary reforms will be possible; but that until this is done there is no other reform that can be accomplished.” — William Jennings Bryan
•
“And the control of the system of banking and of issue which our new laws are to set up must be public, not private, must be vested in the Government itself, so that the banks may be the instruments, not the masters, of business and of individual enterprise and initiative.” —Woodrow Wilson, 1913
•
“This act establishes the most gigantic trust on earth, such as the Sherman Antitrust Act would dissolve if Congress did not by this act expressly create what by that act it prohibited. When the President signs this act the invisible government by the money power, proven to exist by the Money Trust investigation, will be legalized. The greatest crime of Congress is its currency system. The schemiest legislative crime of all the ages is perpetuated by this new banking and currency bill.” — Congressman Charles A. Lindbergh
•
“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are 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 civilized world —no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men.” — Woodrow Wilson, 1916
•
“That is the one thing in my public career that I regret — my work to secure the enactment of the Federal Reserve Law.” — William Jennings Bryan
•
“The people did not know the Federal Reserve Banks were organized for profit making. They were intended to stabilize the credit and currency supply of the country. That end has not been accomplished. Indeed, there has been the most remarkable variation in the purchasing power of money since the System went into effect.” — Sen. Robert L. Owen
•
“I had never thought the Federal Reserve Bank System would prove such a failure. The country is in a state of irretrievable bankruptcy.” — Carter Glass, 1938
•
“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
•
“If our nation can issue dollar bond, it can issue a dollar bill. The element that makes the bond good makes the bill good, also. The difference between the bond and the bill is that the bond lets the money broker collect (usury) . . . whereas the currency pays nobody but those who contribute . . . in some useful way.” — Thomas A. Edison
•
“I wrote into the bill which was introduced by me in the Senate on June 26, 1913, a provision that the powers of the System should be employed to promote a stable price level, which meant a dollar of stable purchasing, debt-paying power. It was stricken out. The powerful money interests got control of the Federal Reserve Board through Mr. Paul Warburg, Mr. Albert Strauss and Mr. Adolph C. Miller, and they were able to have that secret meeting of May 18,1920, and bring about a contraction of credit so violent it threw five million people out of employment. In 1920 that Reserve Board deliberately caused the Panic of 1921. The same people, unrestrained in the stock market, expanding credit to a great excess between 1926 and 1929, raised the price of stocks to a fantastic point where they could not possibly earn dividends, and when people realized this, they tried to get out, resulting in the Crash of October 24, 1929.” — Sen. Robert L. Owen
•
“Some people think the Federal Reserve Banks are United States Government 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 customers; foreign and domestic speculators and swindlers and rich and predatory money lenders.” — Louis McFadden, chairman of the House Banking and Currency Committee
•
“The banks —commercial banks and the Federal Reserve — create all the money of this nation, and its people pay interest on every dollar of that newly created money. Which means that private banks exercise unconstitutionally, immorally, and ridiculously the power to tax the people.” — Congressman Jerry Voorhis
•
“The Fed is locked into this continuing credit expansion. It can’t stop. If ever bank lending slows . . . the game is up, and the scramble for liquidity starts. . . . The Fed will be powerless to stop a deflationary collapse once it starts.” — John Exter, Federal Reserve banker


http://willienelsonpri.com/peace/1677/nature-of-money-quotations.html