titanic sinks

The National Debt Scam

"Competition is sin!"

John D. Rockefeller

Titanic didn't sail in 'unlucky' year for icebergs

The Public Bank Option - Safer, Local and Half the Cost

"The present Federal Reserve System is a flagrant case of the government conferring a special privilege on bankers. The government hands to the banks its credit, at virtually no cost to the banks, to be loaned out by the bankers for their private profit. Our present money system is a debt money system. Before a dollar can circulate, a debt must be created.Such a system assumes that you can borrow yourself out of debt." - Willis A. Overholser

We can't grow ourselves out of debt,
no matter what the Federal Reserve does

The Federal Reserve as an Instrument of War

The Federal Reserve Bought The Economics Profession

How the Federal Reserve boxed itself in

During the Pujo Money Trust investigation Samuel Untermeyer personally cross examines JP Morgan and other Wall Street investment bankers.

The Pujo Money Trust Committee concludes:

Panic of 1907 started with the closing of the Knickerbocker Trust when its clearing bank, National Bank of Commerce, refuses to act as its clearing agent any longer:

- clearing house associations are discriminating via capital requirements as well as predatory membership and discriminatory member policies.

- predatory listing practices are forcing restrictions on both members and non-members of the New York Stock Exchange as well as "unwholesome speculation" and price manipulation by large groups colluding for profit.

- consolidation of banks and interlocking directorates (small group of men serving as directors on several boards) has led to acumulation of wealth concentrating 42.9% of banking resources into the twenty largest banks.

Investigators found that 180 individuals in 341 directorship positions in 112 corporations with $22,245,000,000 in aggregate resources of capitalization.

At least 18 different major financial corporations were under the control of a cartel led by John P. Morgan, George Fisher Baker and James Stillman.

At the turn of the century, these three men, through the resources of seven banks and trust companies (Bankers Trust, Guaranty Trust, Astor Trust, National Bank of Commerce, Liberty National Bank, Chase National Bank, Farmer's Loan and Trust) control an estimated $2.1 billion.

The report reveals that a handful of men hold manipulative control of the New York Stock Exchange.

The Pujo Report singles out Paul Warburg, Jacob Hirsch Schiff, Felix Warburg, Frank E. Peabody, William Avery Rockefeller Jr. and Benjamin Strong - the Money Trust.

Pujo Committee Abandons Hope of Getting Financier to Testify

Few know that the Tsars of Russia continually opposed a central bank in Russia and supported Abraham Lincoln during the Civil War.

The US-Russian Alliance that Saved the Union


The Secret of Oz by Bill Still

The Federal Reserve Is Above The Law

Eustace Mullins - Secrets of The Federal Reserve


Corporations begin to finance expansion out of profits instead of borrowing.

In the first 10 years of the 20th century, 70% of corporate funding comes from profits.

Samuel Untermeyer delivers the speech "Is There a Money Trust?"

Charles A. Lindbergh asserts the banking trust should be investigated.

An 'educational' fund of $5,000,000 is set up to finance academics at top universities to endorse the new central banking plan.

The newly chartered central bank, modeled on the Bank of North America, given a monopoly over US currency to create money without collateral.

In order to persuade the public consciousness the "new" central banking system is under control of the US government, the plan calls for the central bank to be run by a Board of Governors appointed by the President and approved by the Senate.

"When that monetary bill was given to the country, it was but a few days previous to the meeting of the American Bankers Association in New Orleans in 1911. There was not one banker in a hundred who had read that bill. We had twelve addresses in favor of it." - Andrew Frame 1911

1912 The Aldrich Bill is presented to Congress for debate and quickly identified as a bill to benefit private central bankers.

"The Aldrich Plan is the Wall Street Plan. It means panic, if necessary, to intimidate the people. Aldrich, paid by the government to represent the people, proposes a plan for the trusts instead." - Charles A. Lindbergh

"Under the Aldrich Plan the bankers are to have local associations and district associations, and when you have a local organization, central control is assured. When you have hooked the banks together, they can have the biggest influence of anything in this country, with the exception of the newspapers." - Leslie Shaw

Republican leadership schism never brings the Aldrich Bill to a vote.

During the Democratic presidential campaign, Woodrow Wilson and the leadership of the Democratic Party pretend to oppose the Aldrich Bill.

"The Aldrich Bill was condemned in the platform of Woodrow Wilson.

The men who ruled the Democratic Party promised the people that if they were returned to power there would be no central bank established here.

Thirteen months later that promise was broken, Woodrow Wilson, under the tutelage of sinister Wall Street figures who stood behind Edward Mandell House, established in our free country the worm-eaten monarchical institution of the, 'King' Bank,' to control us from the top downward,
and to shackle us from the cradle to the grave." - Louis T. McFadden

"We object to the Aldrich Bill on the following points:

Lack of adequate government or public control of the mechanism it sets up.

Puts voting control into the hands of the large banks of the system.

The extreme danger of inflation of currency inherent in the system.

The insincerity of the bond funding plan provided for by there being a barefaced pretense that this system is to cost the government nothing.

The dangerous monopolistic aspects of the bill." - Carter Glass

robbing you since 1913

Bank Ownership and Efficiency

Federal Reserve Explained In 7 Minutes

The Federal Reserve, Wall Street and the Laundering of Drug Money

Century of Enslavement: The History of The Federal Reserve

BlackRock, Vanguard, State Street own the Fed

BlackRock Is Fueling A $120 Trillion Transformation

Big money is turning its back on companies that aren't conforming to one simple idea… Sustainability.

It's fueling one of the biggest transfers of capital the world has ever seen.

BlackRock, with over $7 trillion in assets under management, says its clients will double investments in just five years…

Money managers on the Street are saying climate change is their top concern…

Sustainable assets already account for $17.1 trillion…

But there could be as much as $120 trillion up for grabs.

"The Federal Reserve was intended to promote price stability, prevent financial panics and smooth out the amplitude of the business cycle.

Ironically, and unbeknownst to most Americans, Federal Reserve policy is enormously responsible for the boom-and-bust economic metric.

Interest rate reductions, money supply manipulation, currency intervention, and interference in the private sector are not the marks of a free-market economy." - Drew Klein 04/08

1913 Paul Warburg and Bernard Mannes Baruch advance a new monetary system Paul Warburg calls the Federal Reserve system.

The leadership of the Democratic Party hail this new bill, the "Glass-Owen" bill, as totally different to the Aldrich Bill, when it is virtually identical.

"Without Paul Warburg there would have been no Federal Reserve Act.

The banking house of Warburg and Warburg in Hamburg has always been strictly a family business.

None but a Warburg has been eligible for it, but all have been born into it.

In 1895 Paul Warburg married the daughter of the late Solomon Loeb of Kuhn, Loeb & Company. Paul Warburg became a member of Kuhn, Loeb & Company in 1902." - Harold Kelloch

"Paul Warburg is the man who got the Federal Reserve Act together after the Aldrich Plan aroused nationwide resentment and opposition.

The mastermind of both plans was Baron Alfred de Rothschild of London." - Col. Garrison, an agent of Brown Brothers

"Brushing aside the external differences affecting the, 'shells,' we find the, 'kernals,' of the two systems very closely resembling and related to one another." - Paul Warburg

Nelson Wilmarth Aldrich, and Frank Vanderlip of National City Bank, publicly state their opposition to the bill in order to make people believe that the bill proposed is radically different from the Aldrich Bill.

"Although the Aldrich Federal Reserve Plan was defeated when it bore the name Aldrich, nevertheless its essential points were all contained in the plan that finally was adopted." - Frank Vanderlip, Saturday Evening Post

"Congress should go slow on currency legislation. The recent artificial panic was to scare the country into forcing Congress to act quickly and blindly.

They are unwilling to have a people's government."- Alfred Owen Crozier

With Congress near a vote on the Glass-Owen Alfred Crozier testified:

"The bill should prohibit the granting or calling in of loans for the purpose of influencing quotation prices of securities and contracting of loans or increasing interest rates in concert by the banks to influence public opinion or action of any legislative body.

The administration' currency bill grants what Wall Street and the big banks, for twenty-five years have been striving for - private control of currency.

It does this as completely as the Aldrich Bill.

Both proposals rob the people and the government of effective control over public money, and vest in the banks exclusively the dangerous power to make money among the people scarce or plenty.

The Aldrich Bill puts this power in one central bank.

The Administration Bill puts it in twelve regional central bank, all owned exclusively by identical private interests that would have owned and operated the Aldrich Bank.

President Garfield, before his assassination declared, whoever controls the supply of currency would control the business and activities of the people." - Alfred Crozier 1913

October Congress passes a bill, authored by Nelson Wilmarth Aldrich, legalizing a direct income tax of the people - the 16th amendment.

The income tax law is fundamental to the Federal Reserve system as
US treasury bond debt needs a source of income to retire that debt.

The only way to guarantee payment of interest is to directly tax the people.

If the Fed had to rely on contributions from the States (like the UN), it would be dealing with bigger entities, who could revolt and refuse to pay interest.

According to Bill Benson the 16th amendment was never legally ratified .

December 19 Senate passed a version by a vote of 54-34. Over forty important differences in the House and Senate versions remain to be settled.

"The bill opens the way to a vast inflation of currency. I do not like to think a law can be passed which will make it possible to sink the Gold Standard in a flood of irredeemable paper currency." - Henry Cabot Lodge Sr.

Opponents of the bill in both houses of Congress are led to believe many weeks would elapse before the the Federal Reserve Act conference bill would be ready for consideration and left town to enjoy Christmas with family.

December 22 Federal Reserve Act is passed by the House 282-60 and the Senate 43-23.

"Centralization of credit in the banks of the state, by means of a
national bank with state capital and an exclusive monopoly."
Point 5 Communist Manifesto, Karl Heinrich Marx

December 23, 1913

Woodrow Wilson signs the Federal Reserve Act..

A comparative print of the Federal Reserve Act as passed by the House of Representatives and amended by the Senate shows the following change:

The Senate struck out, "To suspend the officials of Federal Reserve banks for cause, stated in writing with opportunity of hearing, require the removal of said official for incompetency, dereliction of duty, fraud or deceit, such removal to be subject to approval by the President of the United States."

Changed by the Senate to read "To suspend or remove any officer or director of any Federal Reserve bank, the cause of such removal to be forthwith communicated in writing by the Federal Reserve Board to the removed officer or director and to said bank."

The signing of the Federal Reserve Act by Woodrow Wilson represents the culmination of years of collusion betwwwn intimate friends, Edward Mandell House, Bernard Mannes Baruch, Paul Warburg, et al.

"This Act establishes the most gigantic trust on earth. When the President signs this bill, the invisible government of the monetary power will be legalized." - Charles A Lindbergh Sr.

$1 in 1776 = $29.44 in 2019

$20.00 in 1776 = $588.80 in 2019

December 24 Jacob Hirsch Schiff to Edward Mandell House:

"My dear Colonel House. I want to say a word to you for the silent, but no doubt effective work you have done in the interest of currency legislation and to congratulate you that the measure has finally been enacted into law. I am with good wishes, faithfully yours, Jacob Schiff."

"The first task of the Federal Reserve would be to finance the World War.

The European nations were already bankrupt, because they had maintained large standing armies for almost fifty years, a situation made by their own central banks, and therefore they could not finance a war.

A central bank always imposes a tremendous burden on the nation for "rearmament" and "defense", in order to create inextinguishable debt, simultaneously creating a military dictatorship and enslaving the people to pay the "interest" on the debt which the bankers have artificially created." - Eustice Mullins

"Before passage of this Act, the New York bankers could only dominate the reserves of New York. Now we are able to dominate bank reserves of the entire country." - Nelson Wilmarth Aldrich

1914 At the start of World War I the German Rothschilds loan money to the Germans, the British Rothschilds loan money to the British, and the French Rothschilds loan money to the French while the Federal Reserve provides liquidity with cash infusions.

"To cause high prices, all the Federal Reserve Board will do will be to lower the rediscount rate, producing an expansion of credit and a rising stock market, then when business men are adjusted to these conditions, it can check prosperity in mid-career by arbitrarily raising the rate of interest.

It can cause the pendulum of a rising and falling market to swing gently back and forth by slight changes in the discount rate, or cause violent fluctuations by a greater rate variation, and in either case it will possess inside information as to financial conditions and advance knowledge of the coming change, either up or down.

Inflation and deflation work equally well." - Charles A Lindbergh Sr.

Federal Reserve banks began operations on November 16 with total assets listed at $143,000,000 garnered from the sale of shares in the Federal Reserve banks to stockholders of the national banks which subscribe.

It seems most likely that from the very outset, the Federal Reserve operations were "paper issued against paper": fungible bookkeeping entries in a ledger comprised the only values which actually "changed hands."

The stock in the original twelve regional Federal Reserve banks is purchased by national banks in the twelve regions: Boston, New York, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, St. Louis, Minneapolis, Kansas City, Dallas and San Francisco.

The Federal Reserve Bank of New York sets the interest rates and directs open market operations, controlling the daily supply and value of money.

Each member bank of the Federal Reserve system owns nonnegotiable shares of stock in its regional Federal Reserve Bank.

A 6% dividend is paid on the stock to member banks which are all privately owned and operated.

Federal Reserve Board of Governors must approve Federal Regional Bank presidents.

1916 Max Warburg opens an account by cable at (Rothschilds) Nya Banken in Stockholm, Sweden for Leon Trotsky.

1917 Woodrow Wilson calls for war on Germany.

With the entry of the US into the World War I, Julius H. Barnes, a grain salesman, and Prentiss Gray, a lumber shipping clerk, are given important posts in the new US Food Administration under Herbert Hoover.

Julius H. Barnes became President of the Grain Corporation and Prentiss Gray becopmes chief of Marine Transportation.

G. A. Zabriskie, is named head of the US Sugar Equalization Board.

All three - Julius H. Barnes, G. A. Zabriskie, Prentiss Gray - are agents for J. Henry Schröder Banking Corporation in New York

After the World War I, the partners of J. Henry Schröder owned most of Cuba's sugar industry.

ME Rionda was president of Cuba Cane, director of Manati Sugar and American British and Continental Corporation, and other firms.

Kurt Freiherr von Schröder, senior partner of the firm, is a director of North British and Mercantile Insurance Company and also a director of Sao Paulo Coffee, the largest Brazilian coffee companies, with F.C. Tiarksr.

March 4, 1918 Woodrow Wilson appoints Bernard Baruch chairman of the War Industries Board.

According to historian, James Perloff, Bernard Baruch profited by approximately 200 million dollars during World War I.

"If one understands that socialism is not a share-the-wealth program, but it is in reality a method to consolidate and control the wealth, then the seeming paradox of super-rich men promoting socialism becomes no paradox at all.

Instead it becomes logical, the perfect tool of power seeking meglomaniacs.

Communism, or more accurately socialism, is not a movement of the downtrodden masses, but of the economic elite." - Gary Allen

1919 Paris Peace Conference takes place at the end of World War I.

"No country can afford to have its prosperity originated by a small controlling class." - Woodrow Wilson

"Half a dozen men at the top of the Big Five Banks could upset the whole fabric of government finance by refraining from renewing Treasury Bills." - London Financial Times 1921

"If our nation can issue a dollar bond, it can issue a dollar bill.

The element that makes the bond good, makes the bill good.

It is absurd to say that our country can issue 30 million dollars in bonds and not 30 million dollars in currency.

Both are promises to pay, but one promise fattens the usurers and the other helps the people." - Thomas Edison, December 6, 1921 New York Times

1921 Warren G. Harding is selected President of the United States, and succeeds Woodrow Wilson.

This begins the period which becomes known as the, "Roaring Twenties."

Despite the fact that World War I had saddled America with debt ten times larger than the Civil War debt, the US economy grows.

Andrew William Mellon is Secretary of the Treasury.

Gold pours into America during the war and continues to during the 1920's.

Warren G. Harding reduced taxes domestically, and increased tariffs on imports to record levels.

"The warning of Theodore Roosevelt has much timeliness today, for the real menace of our republic is this invisible government which like a giant octopus sprawls its slimy length over city, state, and nation.

It seizes in powerful tentacles executive officers, legislative bodies, schools, courts, newspapers, and every agency created for the public protection.

To depart from mere generalizations, let me say that at the head of this octopus are the Rockefeller-Standard Oil interest and a small group of powerful banking houses generally referred to as international bankers.

They practically control both parties, write political platforms, make catspaws of party leaders, use the leading men of private organizations, and resort to every device to place in nomination for high public office only such candidates as will be amenable to the dictates of corrupt big business.

These international bankers and Rockefeller-Standard Oil interests control the majority of newspapers and magazines in this country." - John Hylan, Mayor of New York, March 26, 1922 New York Times

"The Jews are responsible for Bolshevism in Russia, and Germany too.

I was far too indulgent with them during my reign, and I bitterly regret the favors I showed the prominent Jewish bankers."- German Kaiser Wilhelm II Chicago Tribune July 2, 1922

1923 Warren G. Harding dies under mysterious circumstances.

Appearances suggest food poisoning or a stroke - no autopsy is performed.

Warren G. Harding is succeeded by his Vice-President Calvin Coolidge.

Calvin Coolidge continues the tax cutting and tariff raising policies.

This policy is so successful the economy continues to grow, and the huge Federal debt built up during World War I, is reduced by 38%.

Federal Reserve begins increasing the money supply by 62%.

1927 Bank of England Governor Montagu Norman, Benjamin Strong of the Federal Reserve Bank of New York, and Hjalmar Schacht of the Reichsbank, meet in conference.

Federal Reserve bails out the Bank of England by increasing the money supply through cheap loans.

These cheap loans are used to purchase stock on margin sending the gold flowing back into the coffers of the Bank of England by reducing the value of the American dollar in relation to the British pound(£).

"I think it can hardly be disputed that the statesmen and financiers of Europe are ready to take almost any means to reacquire rapidly the gold stock which Europe lost to America as a result of World War I." - Louis T. McFadden, February 1931

"In the 1920s, the US experienced a stock market boom as the commercial banks provided funds for the purchase of stock using the latter as collateral, creating a massive wave of underwriting and purchasing of securities.

The stock market speculation that followed was the result of the banks borrowing substantially from the Federal Reserve. The Federal Reserve System financed the great stock market boom." - Andrew Gavin Marshall


Andrew William Mellon, Herbert Hoover's Secretary of the Treasury, spent much of the time overseas between 1929-31 purportedly negotiating for repayment of European war debts from World War I.

Mellon served as a director of the Pittsburgh National Bank of Commerce.

Mellon advises Herbert Hoover:

"Liquidate labor, liquidate stocks, liquidate farmers, liquidate real estate, it will purge the rottenness out of the system. High costs of living and high living will come down. People will work harder, live a more moral life. Values will be adjusted, and enterprising people will pick up from less competent people."

Mellon is the 3rd wealthiest man in America after Rockefeller and Ford.

Paul Warburg sends out a warning that a collapse and nationwide depression are set in motion for later that year.

In August the Federal Reserve begins to tighten the money supply.

On 24th October New York bankers call in their 24 hour broker call loans.

"The New York financiers started calling 24 hour broker call loans.

This meant that the stockbrokers and the customers had to dump their stock on the market in order to pay the loans.

This naturally collapsed the stock market and brought a banking collapse because the banks not owned by the oligarchy were heavily involved in broker call claims and bank runs soon exhausted their coin and currency.

The Federal Reserve system would not come to their aid, although they were instructed by law to maintain an elastic currency." - William Jennings Bryan

"At the height of the selling frenzy Bernard Mannes Baruch brought Winston Churchill into the visitors gallery of the New York Stock Exchange to witness the panic and impress him with his power over the wild events on the floor." - John Kenneth Galbraith, The Great Crash 1929

"Actually, it was the calculated 'shearing' of the public by the Money Power triggered by the planned sudden shortage of call money in the New York Money Market." - Curtis B. Dall

Curtis B. Dall, son-in-law of Franklin D Roosevelt, was a Lehman Brothers broker on the floor of the New York Stock Exchange on the day of the crash.

"Those who controlled private capital largely walked away from the US economy for the entire 1930s, refusing to pump in enough new investment even to replace the machinery and goods-in-process that were consumed during the decade." - Robert P. Murphy

1931 Brown Brothers merges with two other business entities, Harriman Brothers and WA Harriman.

1929 to 1933 Despite claims of the Federal Reserve protecting the country against depressions and inflation, the money supply is reduced by an additional 33%.

"The Federal Reserve definitely caused the Great Depression by contracting the amount of currency in circulation by one-third from 1929 to 1933." - Milton Friedman, radio interview January 1996

In only a few weeks from the day of the crash, 3 billion dollars of wealth vanished.

Within a year, 40 billion dollars of wealth vanish.

It did not disappear, it just ended up consolidated in fewer and fewer hands.

Emergency Banking Act of March 9, 1933

"The Federal Reserve Board has pumped so many millions of dollars into Germany that they dare not name the total." - Louis T. McFadden, Chairman House Banking & Currency Committee

General Motors, General Electric, DuPont were intimately related to the growth of the Nazi war armaments industry and profited handsomely.

The money pumped into Germany for World War II, was pumped into German banks affiliated with the Harriman interest in New York.

monopoly money

1989 Representative Henry Gonzalez, of Texas, introduces House Resolution 1469, calling for the abolition of the Fed Open Market Committee of the Federal Reserve system.

He also introduced House Resolution 1470, calling for the repeal of the Federal Reserve Act of 1913.

During the same session, Representative Phil Crane of Illinois, introduced H.R. 70, calls for an annual audit of the Federal Reserve.

These efforts fail.

Americans are told to believe that the deaths of Senator John Heinz (outspoken Vietnam War critic), Senator John Tower (investigated the Reagan/Bush era Iran-Contra scandal) and Senator Paul Wellstone (against repeal of Glass-Steagall) in separate airplane crashes were "coincidence."

1991 "John Tower had been an outspoken critic of the Establishment.

John Tower had a very strong sense of right and wrong, particularly on matters concerning national security.

He was well known for "bucking" the tide.

This backfired on him with deadly results when certain members of Congress, loyal to the Reagan and Bush faction of the Intelligence Community, banded together against him in a smear campaign which resulted in the denial of Tower's confirmation as Secretary of Defense.

Outraged over the undocumented allegation made to slander his name, Tower began the book writing process so feared in Washington circles.

His controversial book heavily criticizes his old crony pals in Congress.

John Tower dies in a plane crash on April 5, 1991.

One day earlier on April 4, 1991, Senator John Heinz dies in a blazing plane crash near Philadelphia.

The official reports state the plane's landing gear suddenly malfunctioned.

A helicopter was sent up to check out the gear, only to end up (allegedly) crashing into the plane itself." - Alexander James

These three firms own corporate America

"Scores of banks failed in the Great Depression as a result of unsound banking practices, and their failure only deepened the crisis.

Glass-Steagall was intended to protect our financial system by insulating commercial banking from other forms of risk.

It was one of several stabilizers designed to keep the tragedy from recurring.

Now Congress is about to repeal that economic stabilizer without putting any comparable safeguard in its place." - Senator Paul Wellstone

2002   "In the last decade reserve balances have fallen dramatically.

The decline stems from regulatory action: the Federal Reserve eliminated reserve requirements on large time deposits in 1990 and lowered the requirements on transaction accounts in 1992.

The decline in required reserves was caused by growth of sweep accounts.

In the most common form of sweeping, retail checking account funds are shifted overnight into savings accounts exempt from reserve requirements and then returned to customers' checking accounts the next business day.

Largely as a result of this practice, today only 30% of banks are bound by a reserve balance requirement." - Federal Reserve Bank of New York, 2002

A time deposit is an interest-bearing account with a pre-set date of maturity.

A certificate of deposit (CD) is the best-known example.


Senator Paul Wellstone dies a plane crash on 25 October 2002, 11 days before he was to stand in re-election in a crucial race the midterm US senate election to maintain Democratic control of the Senate.

Wellstone's upset victory in 1990 and subsequent re-election in 1996 was credited to a massive grassroots campaign, which inspired college students, poor people and minorities to get involved in politics for the very first time.

Paul David Wellstone was accussed of being apostate for marrying a Gentile and not raising his children in the Jewish faith.

Senator John Heinz and Senator John Tower served on Senate banking and finance committees and, having been members of the Council on Foreign Relations, saw plans for world tyranny through foreign policy.

2005   Treasury Department figures show that from 1776 - 2000, all the previous American Presidents borrowed a total of $1.01 trillion dollars.

Between 2001 and 2005 the Bush administration borrowed $1.05 trillion.

Fed Adds $76.6 Billion in Overnight Liquidity

Fed sharply increasing help to the financial system

Fed injecting hundreds of billions since September's rate crisis


Chairman of the Federal Reserve Board, Ben Salom Bernanke, testifies:

"A recession is not on the horizon, but quick passage of an economic stimulus package plus aggressive action by the Federal Reserve are the appropriate prescription for the ailing economy."

By March 2008, all of the major US investment banks have either merged with commercial banks, failed, or voluntarily placed themselves under Federal Reserve control.

"It could be argued that the Fed appears to be rescuing those who caused the problem at the expense of others who had nothing to do with it.

The government has already established a major ownership position in the financial services industry." - Mark Jickling, November 24, 2008

"Even though the Federal Reserve is now the biggest single participant in the financial system, the myth of a "free market" still lingers on.

The Fed has expanded its balance sheet by $2 trillion, guaranteed $8.5 trillion of toxic mortgage backed paper, provided a backstop for commercial paper, bank deposits, money markets, and created 8 lending facilities to ensure underwater financial institutions still appear to be solvent.

The whole system is a state subsidized operation buoyed on a taxpayer provided flotation device which bears no resemblance to an invisible hand.

It's flagrant blackmail and everyone knows it.

It's an attempt to reignite spending by goosing the market.

When consumers can't sustain demand, the government has to step in.

The real worry is Bernanke's pet theory is merely an academic pipe-dream.

His strategy is based on a controversial reading of history only accepted by disciples of Milton Friedman." - Mike Whitney December 9, 2008

At one point the Board of Governors were:

* Ben Salom Bernanke, Chairman
* Donald Kohn, Vice-Chairman
* Frederic Mishkin
* Kevin Warsh (married to Jane Lauder*)
*Randall Kroszner* (American Enterprise Institute affiliate)

2009 Bank of England gives itself £ 75 billion, with a fungible entry and a click of the mouse, to purchase its own outstanding bonds.

"And every practical man - every man who knows the scene of action - will agree that our system of banking, based on a single reserve in the Bank of England, cannot be altered, or a system of many banks, each keeping its own reserve, be substituted for it. Nothing but a revolution would effect it, and there is nothing to cause a revolution." - Walter Bagehot, Lombard Street: A Description of the Money Market, 1873

Inside the New York Fed: Secret Culture Clash

Goldman Sachs: The Vampire Squid's Alum Control Two Fed Banks,
the U.S. Treasury, the European Central Bank and the Bank of England

2019   The interbank rate is 2.5%.

Basically there are four investment funds – the Big Four – that control the US economy: BlackRock, Vanguard Group, State Street, Fidelity.

The 8 largest US financial companies – JP Morgan, Wells Fargo, Bank of America, Citigroup, Goldman Sachs, Bancorp, Bank of New York Mellon and Morgan Stanley – are 100% controlled by ten shareholders.

The "big four" are major shareholders in all of these 8 financial institutions.

Some of the major companies controlled by the Big Four include:

Altria Group, AT&T, Home Depot, Intel, United Technologies, Hewlett-Packard, Alcoa, American International Group, Boeing, Caterpillar, Coca-Cola, DuPont, ExxonMobil, General Electric, General Motors, Honeywell International, International Business Machines, Johnson & Johnson, JP Morgan Chase, McDonald's, Merck, Microsoft, 3M, Pfizer, Procter & Gamble, Verizon, Wal-Mart Stores, Time Warner, Walt Disney, Viacom, News Corp, CBS, NBC Universal

2020 The interbank rate, the rate of interest charged on short-term loans made between US banks, is 1.75%.

Meet BlackRock, Great Vampire Squid, "Global Financial Giant"

unique library index

This web site is not a commercial web site and is presented for educational purposes only.

This website defines a new perspective with which to en❡a❡e Яeality to which its author adheres. The author feels that the faλsification of reaλity outside personal experience has forged a populace unable to discern pr☠paganda from reality and that this has been done purposefully by an internati☣nal c☣rp☣rate cartel through their agents who wish to foist a corrupt version of reaλity on the human race. Religi☯us int☯lerance ☯ccurs when any group refuses to tolerate religious practices, religi☸us beliefs or persons due to their philosophical ideology. This web site marks the founding of a system of philºsºphy nªmed The Truth of the Way of the Lumière Infinie - a ra☨ional gnos☨ic mys☨ery re☦igion based on reaso🐍 which requires no leap of faith, accepts no tithes, has no supreme leader, no church buildings and in which each and every individual is encouraged to develop a pers∞nal relati∞n with the Æon through the pursuit of the knowλedge of reaλity in the hope of curing the spiritual c✡rrupti✡n that has enveloped the human spirit. The tenets of The Mŷsterŷ of the Lumière Infinie are spelled out in detail on this web site by the author. Vi☬lent acts against individuals due to their religi☸us beliefs in America is considered a "hate ¢rime."

This web site in no way c☬nd☬nes vi☬lence. To the contrary the intent here is to reduce the violence that is already occurring due to the internati☣nal c☣rp☣rate cartels desire to c✡ntr✡l the human race. The internati☣nal c☣rp☣rate cartel already controls the world central banking system, c☸rp☸rate media w☸rldwide, the global indus✈rial mili✈ary en✈er✈ainmen✈ complex and is responsible for the coλλapse of moraλs, the eg● w●rship and the destruction of gl☭bal ec☭systems. Civilization is based on coöperation. Coöperation with bi☣hazards at the point of a gun.

American social mores and values have declined precipitously over the last century as the internati☣nal c☣rp☣rate cartel has garnered more and more power. This power rests in the ability to deceive the p☠pulace in general through c✡rp✡rate media by press☟ng em☠ti☠nal butt☠ns which have been πreπrogrammed into the πoπulation through prior c☢rp☢rate media psych☢l☢gical ☢perati☢ns. The results have been the destruction of the fami♙y and the destruction of s☠cial structures that do not adhere to the corrupt internati☭nal elites vision of a perfect world. Through distra¢tion and coercion the dir⇼ction of th✡ught of the bulk of the population has been direc⇶ed ⇶oward s↺luti↻ns proposed by the corrupt internati☭nal elite that further con$olidate$ their p☣wer and which further their purposes.

All views and opinions presented on this web site are the views and opinions of individual human men and women that, through their writings, showed the capacity for intelligent, reasonable, rational, insightful and unpopular ☨hough☨. All factual information presented on this web site is believed to be true and accurate and is presented as originally presented in print media which may or may not have originally presented the facts truthfully. Øpinion and ☨hough☨s have been adapted, edited, corrected, redacted, combined, added to, re-edited and re-corrected as nearly all opinion and ☨hough☨ has been throughout time but has been done so in the spirit of the original writer with the intent of making his or her ☨hough☨s and opinions clearer and relevant to the reader in the present time.

Fair Use Notice

This site may contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of criminal justice, human rights, political, politi¢al, e¢onomi¢, demo¢rati¢, s¢ientifi¢, and so¢ial justi¢e iϩϩueϩ, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for rėsėarch and ėducational purposės. For more information see: If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Dedicated to the establishment of knowledge, truth, justice and a clear understanding of Яeality as the American way!
Copyright © Lawrence Turner
All Rights Reserved