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The Money Monopoly

By   Follow Me on Twitter     Message Mike Krauss       (Page 2 of 2 pages) Become a premium member to see this article and all articles as one long page.     Permalink

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opednews.com Headlined to H2 11/19/13

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The bankers got control. Hamilton fronted for them in the young United States. Jefferson and Jackson fought them. Lincoln fought them. Lincoln was assassinated, the bankers once again had control and the war for control of the nation's supply of money raged on.

After decades of planning and massive PR and propaganda, having bought up the support of Ivy League scholars, journalists and the requisite number of votes in Congress, the Wall Street cartel and their foreign allies pushed creation of the Federal Reserve through Congress and got complete control of the nation's money and credit.

Before you pay your taxes, the money you pay with has already been taxed by the owners of the Federal Reserve, which for over 100 years have diverted trillions of dollars of interest payments on our money from the American people into their own pockets.

That is what "central banks" are designed to do: extract wealth from nations by monopolizing the supply and cost of money and credit.

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The debt ceiling, sequestration, austerity and budget deficit are a diversion. The U.S. Congress can slash the debt by taking back control of our money from the Federal Reserve monopoly and returning it to the U.S. Treasury and the American people, as the Constitution (Article I, Section 8) wisely provided.

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Author of the forthcoming novel "Pursuits of Happiness," a director of the Public Banking Institute and chairman of the Pennsylvania Project. Mike is an international transportation and logisics executive with broad experience in U.S. government (more...)
 

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