Page Ten

When you take the time to read the reference material, there are at least fifteen more that you will find. I will add one more.

The FED system is the death of our Constitution! (Reference 1, P. 250)

** THE FACTS **

1. England lost the Revolutionary War.

2. England nearly destroyed the Colonies by creating fake Colonial money and hyper-inflation.

3. Rothschilds who control the Bank of England (Like our FED) said that by controlling the issue of money (printing it), you can control the government.

4. The authors of the Constitution understood private banks' control over governments. The Constitution gives only Congress the right to print money.

5. From the beginning of the United States to present there have been 2 ways to issue new currency:

The first way is to have the government print the money, debt and usury free, and circulate it through the economy for use as a medium of exchange. There is no tax levied to pay usury on the currency in circulation, because it is usury and debt free. This is the system Lincoln used with his "Greenbacks", a system Kennedy desired, and Jefferson demanded.

The second method is: The Citizens allow the bank to print $500 billion in currency (cash). The bank pays for the cost of printing, ink and paper. The citizens do not charge the bank any usury, for use of the $500 billion, in printed currency. The bank uses the $500 billion cash to buy $500 billion in government bonds, which pays the bankers usury. The bank keeps some of the bonds and sells, for a fee (10%), some of the bonds to the public. The bank can buy back the bonds, from the public, simply by printing more money. The bankers can create inflation & depressions by the amount of currency in circulation. The FED operates exactly like this today. It also prints money (through the U.S. Treasury), and uses this printed money, to buy loans from other banks. This money has created our inflation. We give the bank, cash, usury free, then, they charge us usury on our own currency.

Examine our history in the presence of our two banking systems!!

Ben Franklin - The Two Banking Systems

....From the autobiography of Ben Franklin, by Gertrude Coogan, in "Money Creators":

.....the inability of the colonists to get the power to issue their own money, permanently, out of the hands of George III, and the international bankers, was the PRIME reason for the Revolutionary War. (Reference 4)

Soon after the war was won, Ben Franklin, answering a question about the booming economy, of the young colonies: "That is simple. In the colonies we issue our own money. It is called Colonial Script."

Franklin added, "We issue it in proper proportions to the demands of the trade and industry." (Colonial Script had no debt or usury attached.) (Reference 4)


Next Page

RETURN to Previous Page

Return to FRB Reform Home Page