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Thursday, June 08, 2006 4:59:49 PM
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Banksters schemes lend by creating credit -
They create the means of payment out of nothing -
Money is the most important subject intellectual persons -
can investigate and reflect upon -
It is so important that our present civilization -
may collapse unless it is widely understood -
and its defects remedied very soon -
banksters own the earth? -
Take it away from them -
but leave them the power to create money -
and control credit -
and with a flick of a pen they will create enough -
to buy it back -
Those who create and issue money and credit -
direct the policies of government -
and hold in the hollow of their hands the destiny -
of the people? -
All the perplexities, confusion and distresses in America -
arise not from defects in the constitution or confederation -
nor from want of honor or virtue -
as much from downright ignorance of the nature of coin -
credit, and circulation -
Money power denounces, as public enemies -
all who question its methods or throw light -
upon its crimes -
banksters frontman said to have declared -
that the best way to destroy the Capitalistic System -
was to debauch the currency. . . he was certainly right.
There is no subtler, no surer means of overturning -
the existing basis of society than to debauch the currency.
The process engages all the hidden forces of economic law -
on the side of destruction -
and does it in a manner which not one man -
in a million can diagnose.
Paper money -
has had the effect in your state -
that it will ever have, to ruin commerce -
oppress the honest -
and open the door to every species -
of fraud and injustice.
Agreeing with the journal of the convention -
records that the grant of power to emit bills -
of credit was refused by a majority -
of more than four to one.
The evidence is perfect;
no power to emit paper money -
was granted to the legislature of the United States.
Article One, Section Ten,
United States Constitution -
No state shall emit bills of credit -
make any thing but gold and silver coin -
a tender in payment of debts, coin money.
A power has risen up in the government -
greater than the people themselves -
consisting of many and various powerful interest -
combined in one mass;
and held together by the cohesive power -
of the vast surplus in banks.
You are a den of vipers and thieves -
i intend to rout you out -
and by the eternal God -
i will rout you out.
Where would we be if we had I.O.U.'s scrip -
and certificates floating all around the country? -
instead he decided to -
issue currency against the sound assets of the banks.
[As opposed to issuing currency against - Gold.]
The Federal Reserve Act lets us print all we'll need.
And it won't frighten the people. ? -
It won't look like stage money. ? -
It'll be money that looks like real money. ? -
The study of money -
above all other fields in economics -
is one in which complexity is used to disguise truth -
or to evade truth -
not to reveal it.
Money: Whence it came, where it went - 1975 -
The process by which banks create money -
is so simple that the mind is repelled.
Money: Whence it came, where it went - 1975 -
Is there any reason why the American people -
should be taxed to guarantee the debts of banks -
any more than they should be taxed to guarantee -
the debts of other institutions -
including merchants -
the industries -
and the mills of the country?
The legal tender quality [of money] is only valuable -
for the purposes of dishonesty.
As long as we issue fiat currency -
i see no alternative to a legal tender law.
All the perplexities -
confusion and distress in America arise -
not from defects in their Constitution or Confederation -
not from want of honor or virtue -
so much as from the downright ignorance -
of the nature of coin -
credit and circulation.
With the exception only of the period of -
The Gold Standard -
practically all governments of history -
have used their exclusive power to issue fiat money -
to defraud and plunder the people.
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In God We Trust.
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