Jekyll Island - A Bill was officially authored by Paul M. Warburg Born: 10-Aug-1868 Birthplace: Hamburg, North German Confederation. The bill was actually written at secret meetings of international bankers at Jekyll Island, Georgia, 1907-1910 by Senator Nelson Aldrich, was the Republican whip in the Senate, he was the chairman of the National Monetary Commission which was the special committee of Congress created for the purpose of making a recommendation to Congress for proposed legislation to reform banking. The public was quite concerned in those days over what was going on in the banking industry; a lot of banks were folding, people were losing their investments in banks, they had broken their promise to guard the depositors assets, there were runs on the bank, banks couldn't give the people their money back. In particular they were concerned over the concentration of wealth in the hands of a few large banks in New York on Wall Street. This is what they called the "money trust" in those days. The money trust was a common phrase. Quite a few politicians had been elected to office on their campaign promise to break the grip of the money trust.

That was one of the purposes of the National Monetary Commission, which was to propose legislation to break the grip of the money trust, and Aldrich was chairman of that committee. He was also the very important business associate of J. P. Morgan. He was the father-in-law of John D. Rockefeller, Jr., which means that eventually he became the grandfather, of our former vice-president. You remember his full name was Nelson Aldrich Rockefeller; his middle name being derived from his famous grandfather.

The second important person there was Abraham Andrew who was Assistant Secretary of the Treasury. He later became a Congressman and he was very important in banking circles.

Frank Vanderlip was there. He was the President of the National City Bank of New York, which was the largest of all of the banks in America representing the financial interests of William Rockefeller and the international investment firm of Kuhn, Loeb & Company.

Henry Davison was there, the senior partner of the J. P. Morgan Company. Charles Norton was there; he was the President of the First National Bank of New York, which was another one of the giants. Benjamin Strong was at the meeting; he was the head of J. P. Morgan's Banker's Trust Company and Benjamin Strong three years later would become the first head of the Federal Reserve System.

Finally, there was Paul Warburg Rothschild front man, who was probably the most important at the meeting because of his knowledge of banking as it was practiced in Europe. Paul Warburg was born in Germany and eventually became a naturalized American citizen. He was a partner in Kuhn, Loeb & Company and was a representative of the Rothschild banking dynasty in England and France where he maintained very close working relationships throughout his entire career with his brother, Max Warburg, who was the head of the Warburg banking consortium in Germany and the Netherlands. Paul Warburg was one of the wealthiest men in the world.

In reality, the act created a private, for profit, central Banking Corporation owned by a cartel of private banks. Who owns the FED? The Rothschilds of London and Berlin; Lazard Brothers of Paris; Israel Moses Seif of Italy; Kuhn, Loeb and Warburg of Germany; Goldman-Sachs and the Rockfeller Familes of New York.

1912: President Wilson was one of those politicians that campaigned on breaking the money trusts even though Wilson was himself handpicked by the money trust and financed by the money trust and surrounded by the money trust--all of his advisors and politic cronies. The public didn't know that at the time and it was a popular issue. If you campaigned against the money trust you were quite apt to be elected and that was what I call "the people you love to hate" money trust.

December 23, 1913: The Federal Reserve Act The act created the Federal Reserve System, a name carefully selected and designed to deceive. "Federal" would lead one to believe that this is a government organization. "Reserve" would lead one to believe that the currency is being backed by gold and silver. "System" was used in lieu of the word "bank" so that one would not conclude that a new central bank had been created.

The Federal Reserve Act of 1913 passed on December 23, 1913; The House passed the bill 298-60 on the evening of Dec. 22, 1913. The Senate began debate the following day at 10am, and passed it 43-25 at 2:30pm. All of the opposing Senators (from both parties) had left Washington D.C. for the Christmas Holidays.

What of the missing Senators? Since there were 48 states in 1913, forty eight votes plus the tie-breaking vote of vice-President Thomas Marshall would have been sufficient to approve the bill even if all absent votes had been cast against the bill. However, many of the missing Senators had their positions recorded in the Congressional Record.1 Of the 27 votes not cast, there were 11 'yeas' (in favor of the bill) and 12 'nays.' Even if the absentee Senators had been there, the Currency Bill would have passed easily.

President Wilson signed the Currency Bill into law in an "enthusiastic" public ceremony on Dec. 23, 1913 a couple of hours after the Senate passed it.

July, 1914: World War One begins - a branch of the Rothschild banks financed all sides. Incredible and bizarre as it sounds, humanity is indeed the victim of a diabolical conspiracy. War, depression and genocide in the past century were not accidental or inevitable but the result of malevolent design.

1919: Lenin put Christian Rakovsky in charge of the Soviet Ukraine government. He successfully kept the area for the Bolsheviks during the Civil War. Rakovsky belonged to the powerful Trotskyite faction that took their orders from the Rothschild’s.  Wilson admitted with remorse, when referring to the Federal Reserve, “I have unwittingly ruined my country.”  He went on to say:  "The growth of the nation ... 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 of free opinion, no longer a government by conviction and the free vote of the majority, but a government by the opinion and duress of a small group of dominant men."

The League of Nations was the money cartel’s first attempt at world control, but Czar Nicolas II of Russia caught on to their plot and sabotaged it. That proved to be a deadly mistake. Schiff, Warburg, Rockefeller, Harriman, and Morgan backed the uprisings that led to the 1917 Russian Revolution. Their strategy was to finance both sides of wars and revolutions, which gave them control over the winners, the losers, and the outcome.

1918 and 1921, 14 million Russians died from war and starvation under Lenin Bolshevik. By 1919, Lenin ran up a national debt to the Rothschild banksters of $60 billion, which put Russia firmly under their control. As Mayer Rothschild once said ‘give me control of a nation’s money and I care not who makes her laws’. To this day, the Rothschild’s have stopped the heirs to the Czar’s fortunes from claiming their deposits held in Rothschild banks. Those fortunes are now worth an estimated $50 billion.

President Wilson said three days before leaving office “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 somebody, 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 had better not speak above their breath when they speak in condemnation of it.”

These are not words of an imprudent man. They are the words of a US President who cared enough about his country to warn of the dangers lurking behind its illusory façade of law, liberty, justice and equality for all. Dangers of which Americans were unaware of then — and have, which the vast majority are still unaware of now.

Henry Ford on the banking system: “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.”

J. Warburg: “If you like it or not, we will have a One World Government. The question is if it will be achieved through consent or through conquest.”

1932 Congressman Charles A. Lindberg (Father of the famous aviator) said:

“The financial system has been turned over to the Federal Reserve Board. The Board administers the financial system by the authority of a purely profiteering group. The System is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of the American people’s money”

Louis T. McFadden, served as Chairman of the United States House Committee on Banking and Currency during the Sixty-sixth through Seventy-first Congresses, or 1920-31. McFadden is also remembered for his criticism of the Federal Reserve, which he claimed was created and operated by European banking interests who conspired to economically control the United States.

On June 10, 1932, McFadden made a 25-minute speech before the House of Representatives, in which he accused the Federal Reserve of deliberately causing the Great Depression. McFadden also claimed that Wall Street bankers funded the Bolshevik Revolution through the Federal Reserve banks and the European central banks with which it cooperated. The entire text of his speech can be found here:

1932: He moved to impeach President Herbert Hoover, and also introduced a resolution bringing conspiracy charges against the Board of Governors of the Federal Reserve. The impeachment resolution was defeated by a vote of 361 to 8; it was seen as a big vote of confidence to President Hoover from the House.

1933, Mcfadden introduced House Resolution No. 158, Articles of impeachment for the Secretary of the Treasury, two assistant Secretaries of the Treasury, the Board of Governors of the Federal Reserve, and the officers and directors of its twelve regional banks. There were two attempts on McFadden's life, a failed shooting and an apparent poisoning that made him "violently ill" after attending a political banquet in Washington.

Congressman McFadden said:
“We have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve banks. The Federal Reserve Board, a Government board, has cheated the Government of the United States and the people of the United States out of enough money to pay the national debt. The depredations and the iniquities of the Federal Reserve Board and the Federal reserve banks acting together have cost this country enough money to pay the national debt server times over. This evil institution has impoverished and ruined the people of the United States; has bankrupted itself, and has practically bankrupted our Government.”
Pg. 12595 of the Congressional Record

“Mr. Chairman, last December I introduced a resolution here asking for an examination and an audit of the Federal Reserve Board and the Federal Reserve banks and all related matters. If the House sees fit to make such an investigation, the People of the United States will obtain information of great value. This is a Government of the people, by the people, for the people; consequently nothing should be concealed from the people. The man who deceives the people is a traitor to the United States. The man who knows or suspects that a crime has been committed and who conceals or covers up that crime is an accessory to it. Mr. Speaker. It is a monstrous thing for this great Nation of people to have its destinies presided over by a traitorous Government board acting in secret concert with international usurers. Every effort has been made by the Federal Reserve Board to conceal its power but the truth is the Federal Reserve Board has usurped the Government of the United States. It controls everything here and it controls all our foreign relations. It makes and breaks governments at will. No man and no body of men is more entrenched in power than the arrogant credit monopoly which operates the Federal Reserve Board and the Federal Reserve banks. These evil-doers have robbed this country of more than enough money to pay the national debt. What the National Government has permitted the Federal Reserve Board to steal from the people should now be restored to the people. The people have a valid claim against the Federal Reserve Board and the Federal reserve banks.”
-Louis McFadden, 1932, pg.12602 of the Congressional Record

1952: Supreme Court Justice Felix Frankfurter, "The real rulers in Washington are invisible, and exercise power from behind the scenes."

All-in-all there are about 300 VERY POWERFUL foreign individuals that own the FED through ownership of the listed banks and investment houses.

Theoretically, the FED is required to give back most of its PROFITS to the Treasury Dept., but there is NO ORGANIZATION that has the power to AUDIT the FED (not even the Congress or the IRS). Therefore there is a huge opportunity for “creative accounting” to hide and deny the profit that the U.S. Tax Payers are entitled to, which amounts to Hundreds of Billions of Dollars annually.

A few Republicans congressmen annually introduce legislation to AUDIT the FED, and every year, the legislation is defeated. The owners of the FED are an extremely powerful, invisible lobbying power. Of course it helps the FED owners that they exert major control of media outlets so that the public is kept uninformed about the FED owners’ shenanigans. The owners of the FED own the controlling interests in ALL major media in the United States.

Rockefeller, through Chase Manhattan bank, controls CBS and ABC and 28 other broadcasting firms. Each of the other owners of the FED also has controlling interest in the US media. This explains why the media have been silent about the FED scam. The FED fraud is the biggest and longest cover-up in United States history.

According to Article 1, Section 8 of the Constitution, the US Congress has the power to print money (The Congress shall have the power…to coin money, regulate the value thereof, and of foreign coin,). According to the Supreme Court, the Congress cannot transfer its power to other organizations like the FED, but they have done it anyway.

Here is how the owners of the FED profit at the expense of the American people:

• The US Government runs deficits annually in the billions of dollars, and lately in the trillions of dollars.
• Congress covers this by issuing government bonds, which are bought by the FED. Since the FED has the power to print money, it can buy any amount of the US. Government bonds at almost NO COST, except for the small fee paid to the Treasury to print money (about 3 cents/$100).
• This amounts to a profit to the FED owners of about $99.97 for every 3c they invested to print the money. Basically, they exchange something that costs almost nothing to them for the US Government Bonds.
• Since the FED cannot be AUDITED by the IRS (or even by Congress), most of this profit can go anywhere the FED owners want it to go; and it is tax-free.
• After buying the bonds, the owner of the FED can either keep the bonds, and collect the interest the US Government now owes them, or sell the bonds to the U.S. Taxpayers or foreigners. In either case, the FED owners have received $99.97 profit for every 3 cents it invested to print the money. Since the FED is a privately owned corporation, the profit of the FED goes to the FED owners.
• The U.S. Government now owes the FED owners the interest on those bonds. Remember the FED owners do not earn the bonds, they simply arrange for printing the money to buy the bonds. In other words, they created money out of thin air, and exchange it for the interest bearing bonds.
• In order to pay for the bonds’ interest, the U.S. Government taxes the US population.
  When a U.S. citizen holding U.S. Government bonds receives his/her return of investment on the bonds, essentially the money he/she receives is the tax money he/she is paying to the Government.

When the OWNERS of the FED receive the interest on the BONDS they’re holding, they are receiving that money essentially for free and without the need to pay taxes on the profit. In reality every year the FED profits by hundreds of billions of dollars by buying US Government Bonds. Yet it only returns about $20 billion to the US Treasury. The rest of the profit has been spent as “Operational Expenses”. The FED expects us to believe that the FED operational expenses are hundreds of billions of dollars annually.

In actuality those profits are given as “DIVIDENDS TO SHAREHOLDERS.”

Is there any doubt this scam will eventually increase the national debt and lead to bankrupt the government?

My personal perspective on the World Wide Central Banking System:

What should be done??? THE FED SHOULD BE ABOLISHED