On Money - How You Get Robbed by the Banks

Here's My Notes ON:
The Money Masters - How International Bankers gained control over America

[How The Banks Rob You ]

Bill Still - Author and Narrator

What's wrong in America? Why are we in debt? Why is the buying
power of our money always declining?
What can we do to protect ourselves from econonic crash?
There are simple inexpensive things we can do even in the worst economic times
to keep food on the table and a roof over our heads.

To do this it helps to understand who causes economic crashes
and how they do it and why they do it.


Larry Bates is an economist and former banker,
a bank president for eleven years.
He chaired the Committe on Banking and Commerce
in the Tennessee House of Representitives.
He is also a former professor of economics and author of the best selling book
The New Economic Disorder.
He says that in periods of economic upheaval wealth is not destroyed;
it just changes hands.
(This is why the bankers cause downturns;
they cause wealth to drain from the people into the bankers possession).

Charles Collins a laywer, has owned banks and has served as a bank director.
He says that as long as the privately owned Federal Reserve is in control
of our money we can never get out of debt.

The Federal Reserve forces us to barrow more money
just to pay the interest on the debt that we have already incurred.

Henry Pasqet an economist says that the national debt was less than one
trillion dollars in 1980 and 15 years later it is over 5 trillion.
He say this kind of spending can't go on forever.

The problem is that since 1864 we have had a debt based banking system.
All of our money is based on government debt.
The debt based system is devised to make it impossible to pay the debt off.

The solution to the problem
is in reforming our monetary system.

The Federal Reserve Bank sits in Washington DC
right accross from the Lincoln Memorial right on Constitution Ave.
but is it part of the Federal Government?
No it is not a part of the Federal U.S. government and it
has no reserves to back up our currency.
The name is devised to make Americans think that the bank operates
for the benefit of the people.
The Federal Reserve is actually a private bank
owned by private investors and operated strictly for their own profit.

Henry Pasqet, economist, agrees;he says that is exactly right.
The Federal Reserve was chartered by a deceptive act
of the Senate in December 23, 1913
when all but three of the members had gone home for the holidays.

U.S. courts have ruled many times
that the Federal Reserve is a private corporation.
You can check the telephone directory for the
Federal Reserve and you'll find it in the private business pages of the book.

Why doesn't Congress do anything about this situation?
Most congressmen do not know enough about the system
and the few that do are afraid to say anything.

But there are some exceptions to this for example:
Rep. Charlse A. Linberg (R-MN), he said, The finacial system
has been turned over to the Federal Reserve Board.
That board administers the system by a purely profiteering group;
the system is private and exists solely to make maximum profit
from other peoples money.

Another critic of the system was Rep. Louis T. McFadden of
Pennsylvania (R) who was chairman of the House Banking and Currency
Commitee during the depression years.

He said, "We have in this country on of the most corrupt institutions
the world has ever known. I refer to the Federal Reserve Board.....
This evil institution has impoverished ... the people of the United States
... and has practically bankrupted our Government.
It has done this through ... the corrupt
practices of the moneyed vultures who control it."

Finally we have Sen. Barry Goldwater (R-AZ) who said,
"Most Americans have no real understanding
of the operation of the international moneylenders ...
The accounts of the Federal Reserve System have never been audited.
It operates outside the control of Congress and ... manipulates the credit of
the United States."

Larry Bates says that we have given more power
to the Fed Res than we have given to the Federal Government.
It has more power than the Congress, the President and the Courts,
because the private Fed Res Bank controls the money supply
or the economy and that influences what the prices will be and
what companies will fail and who will lose their jobs and homes.
Also the Fed Res is the largest single creditor of the US Gov.
;and the barrower is servant to the lender.

Bill Still:
From the time the Constitution was adopted to now the private
bankers have been battling for control of the money supply.
It has been going back and forth from Congress to the private bankers ever since.

Why is it important who prints our money?
Money is a commodity an if you have a monopoly on a commodity
that everyone wants and needs,
you have unlimited opportunity to profit;
and you can exert vast political influence.
That's what this battle is all about.

The founders of America
knew the evils of a privately owned central bank.
They had seen England's private bank place such and emormous debt burden
on England that Parliament was forced to place a heavy tax burden on the
American Colonies. Benjamin Franklin claimed that this was the real
cause of the American Revolution.

Thomas Jefferson said,
"I sincerely believe that banking institutions are more dangerous
to our liberties than standing armies.
The issuing of power should be taken from the banks
and restored to the people to whom it properly belongs."

James Madison,
the main author of the Constitution agreed with that;
He says, "History records that the money changers have used
every form of abuse, intrigue, deceit, and violent means possible to maintain their
control over governments by controlling money and its issuance."


This battle over who gets to issue the money
has been the pivotal issue throughout US history.
Wars have been fought over it.
Depressions have been caused to aquire it,
yet after WWI this battle was rarely mentioned in the newspapers or history books.
Why?
Because, by that time the Money Changers had
seized control over most of the nations press.

Since 1764 this power has gone back and forth from private
bankers to the government 8 times,
yet the mass media has obscured this from public view for generations now.

It's time to start focusing on
who controls how much money we have.
The size of the national debt is not the central problem.
Our situation will only get worse until we root out the cause at its source,
which is the debt based economy controlled by private bankers.

What steps can we take to protect ourselves from the bankers?
First of all we must educate ourselves.
That's what we are doing here with this presentation.

Study the facts about money and the nature of the economy;
then armed with the information we are ready for the next steps.
Secondly we must abolish the debt money system and give the power to
issue money back to Congress, or to the citizens of America.

This is the same solution that has been used througout our history by
Benjamin Franklin, Thomas Jefferson, Andrew Jackson, Martin Van Buren,
and Abraham Lincoln.

In 1913 three Senators gave to the private bankers the power create
money to control our money supply and to charge us interest on the
money it creates out of nothing. This is totally unjust and unfair; and this
is what is killing our economy.

Though the Federal Reserve is now the most powerful bank in the world
it was not the first privately controlled central national bank.

Who are the money changers?
At the temple in Jerusalem there was a group of bankers who had a
monopoly on a certain coin, the half shekel of the sanctuary, that was
required to pay the temple tax. Since they had a monopoly on these coins
the money changers raised the price on these coins
to the highest price that the market would bear.
In this way the could make exhorbitant profits for themselves.

Two hundred years before Christ the Roman emperors were having
problems with the money changers. Two Roman emperors tried to curb
the power of these money changers by enacting usury laws. They were
both assassinated.

In 48 B.C. Julius Ceasar took back from the money
changers the power to coin money and minted coins for the benefit of all.
With this supply of money he built great public works projects. By
making money plentiful Ceasar won the love of the common people.
The Money changers hated him.

Ceasar was assassinated; and that was the end of plentiful money in Rome.
Taxes and corruption increased.
Usury and debased coins became the rule, as it is in America today.
Eventually the Roman money supply was reduced by 90%.
The result was that the common people lost their lands and their homes.
You see that happening in America now.
With the loss of plentiful money the common people lost confidence
in the Roman goverment and refused to support it and Rome fell into disaray.

In 1000 A.D. money changers were involved in England
manipulating the entire economy. They were the goldsmiths.
Goldsmiths became the first bankers
because they had vaults to store their gold in;
and people would pay them to keep their gold safe in the vault.

The first paper money was the receipt for the gold.
The goldsmith would issue a certificate that indicated that the bearer of the certificate
had a certain amount of gold on deposit and the the gold would be
returned to the bearer on demand.
Paper money came into vogue
because it was easier to use than carrying around gold coins.
After a while the goldsmiths noticed that
very rarely did anyone come in and ask for thier gold back,
because the certificates were being used for money instead of gold;
so the bankers said why don't we just issue more
certificates for gold that doesn't exist
and no one will ever know the difference.
So they started issuing gold certificates for vast amounts of gold
that was not there in the vault and charged interest
for the use of gold that was not there.

This is how fractional reserve banking started, that is loaning out
many times more money than you actually have on deposit.
This of course is a grand fraud,
but it caught on, and
that's how our present day banking system functions.

If you and I tried to do something like this
we would land behind bars,
but we are letting the bankers get away with it.
For many years
they have been using this racket
to steal away a steady stream of wealth
from the people of all nations.

They use this wealth to
accumulate more and more gold.

Every bank in the United States is allowed to loan out at least 10 times
more money than they actually have.
That's why they get rich, because
they can charge interest on money which doesn't even exist.
This explains why banks own huge skyscrapers in every city.

I'll be back in a while with more notes on Banking and
bankers and how they work to make themselves rich and
keep the people poor by extracting unlawful usury.
Our politicians or judges may have made it legal
but it isn't lawful in the real sense of law.

RT