In the early 70's, in an attempt to control the corrupting influence of money in politics, Congress passed a bill which was called the Federal Election Campaign Act. However, the moderate success of the act was completely nullified with the 2010 Citizens United v. Federal Election Commission Ruling by the Supreme Court, which basically removed ANY monetary restrictions on individuals, corporations, organizations or countries -- which previously existed in our election systems. Today, our public representatives are, for the most part, bought and paid for by the highest bidders.
BANKING
In the mid 1760's, a man named Mayer Amschel Rothschild of Frankfurt Germany established a banking business that today has become the largest and most powerful banking system in the world. Before he died, Mayer dispatched his five sons to five major cities in countries throughout Europe, which was the beginning of international banking. They have been known to finance entire governments -- like Britain -- as well as all sides of numerous major wars.
The US was a target for the Rothschild's banking coterie from the new country's inception. However, research conducted by GreatGameIndia Magazine has revealed that the Rothschild family was one of the controller families of the East India Company .[ Wikipedia ] And since the recent memory of the Boston Party and its aftermath hung heavy in the memories of the new citizens of the US, the Rothschild's banks were summarily rejected from the start.
In the early 1800's, the ruthless Rothschilds again found their way into the American banking systems and when President Andrew Jackson found out about it, he rapidly had them dispatched, again. Their most recent and successful attempt came about in 1910 on the strangely named Jeykell Island. Among the millionaires who set up the current Federal Reserve Banking System for the US, was a Rothschild representative named Paul Warburg. They, representatives for the Rothschilds cabal, have had a powerful controlling interest in our Federal Reserve Banking System, ever since.
It needs to be noted here, that controlling the US Fed is not the only national bank that the Rothschilds dominate. As of this writing, they have nationalized banks in over 137 banks all around the world and maintain a controlling interest in the Bank of Internationa Settlements , in Switzerland.
Instead of allowing the US Treasury Department to print our money, the privately owned and controlled (but never audited) Federal Reserve not only prints the money, but "rents" the cash back to the US Government and charges interest. This arrangement has facilitated the US to become mired in unfathomable debt. Additionally, since the US is, so far, the only country in the world that has been declared the World Reserve Currency we, unlike other countries, have no restraints on our debt limit. However, China is slowly maneuvering into a position that could challenge that title -- which, should we lose that status, be economic Armageddon for the US economy!
The original and primary mission of banks it to provide/loan capital (money) to businesses and individuals in order to facilitate their need to acquire large purchases. However, over the last few decades the banking/financial sector of our economy has experienced tremendous growth, due to a variety of relatively new financial "tools" which they have developed to increase their bottom line without actually producing anything. Many of these new tools have no relationship to the banking industry's primary mission. Additionally, as of 2015, the financial industry is the second most profitable industry in America and has banks so large that they are, frighteningly recognized as, "too big to fail."
THE MEDIA
When our country was founded, printing was rather like the Internet of today. Movable type was making it easier for newspapers, pamphlets, posters, books, etc. to spring up in our new democracy, which in turn facilitated the spread of information and education among a new voting populace. So important was this medium of exchange that it was the only industry to be recognized and protected in our Constitution.
The concept of an educated and informed public is the bedrock of a democracy. For without it, the voting public will not be able to maintain their freedom. In return for the protection by the government, it is the obligation of the press, or media in today's vernacular, to fulfill its mission of keeping the public informed in as forthright, timely, and unbiased manner as possible.
Because of the very critical mission of the media to inform the public, the elites have always attempted to control it. Their paranoia of being overwhelmed by the "masses of unwashed" may have a kernel of justifiable truth, especially when taking note of numerous historical accounts of the demise of various tyrants. However, in a true democratic republic, this paranoia should be assuaged by the very principle of democracy itself.
Of course, today's media consists of a plethora of methods of communications. Over time, as the various media options and techniques evolved, President Lyndon Johnson determined that the US needed a non-commercial, government sponsored, unbiased, national media network to fulfill the promise to protect the Press, as stated in the Constitution. As a result, in 1967 he signed into law the creation of the non-profit Corporation for Public Broadcasting (CPB).
At this point, I feel compelled to insert my personal historic perspective of this period. I was a young man in my early 20s who was rapidly becoming politically aware due to the enormous political upheavals and social shifts and that were taking place in the 60's and early 70's. The Vietnam War, the Draft, Civil Rights, Women's movements, assassinations, etc., were all suddenly being openly addressed using these new, national, non-commercial media formats. With the advent of the CPB, it was truly refreshing to NOT be bombarded with commercial messages while having open, live on-air, public involved, discussions regarding all of these critical issues. It was a valuable, exciting and vibrant addition to the development of our involvement in our democratically induced freedom!
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