Central bank rule coming to an end in the United States and Europe. But not without a fight.
Corruption, World news Wednesday, November 9th, 2011
The days are numbered for the central banks and their corrupt bankers. The central bank in the United States (Federal Reserve) and the central banks of Europe (European Central Bank) are the only banks that are in deep financial trouble. Countries that don’t have a central bank monopoly of their currency are still very strong. The Federal Reserve Note and the Euro days are now coming to an end. Their demise benefits mankind. No longer will man be slaves to the .0007%. How it will end depends on the actions of the United States government and the European Union. They can die a natural death or be defeated again in a revolution.
A central bank, reserve bank, or monetary authority is an unelected privately controlled institution that unlawfully issues the currency (issues worthless Fiat money), manipulates the money supply, and controls the interest rates of a country. Central banks often also oversee the commercial banking system of their respective countries. In contrast to a commercial bank, a central bank possesses a monopoly on printing the national currency, which usually illegally serves as the nation’s legal tender.
Americans went to war to oppose the English Central Banking System. A Revolution was fought and the American people gained their Independence from England’s Central Banks. The American people successfully severed ties with the British Empire in July 1776, when the Congress issued the United States Declaration of Independence, rejecting the monarchy and the British Central Bank on behalf of the new sovereign nation separate and external to the British Empire.
After losing the American War of Independence the Bank of England went on to finance yet another war, in a renewed attempt to get control of the United States Commerce, Trade, and Money Systems. From the autobiography of Ben Franklin: …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.
Ben Franklin was asked how the American Colonies managed to collect enough money to support their poorhouses, and how they could overcome this plague of unemployment and pauperism.
Franklin replied; “We have no poorhouses in the Colonies, and if we had some, there would be no one to put in them, since in the Colonies there is not a single unemployed person, not a beggar nor a tramp.”
Franklin was later asked how he could explain the remarkable prosperity of the New England Colonies.
Franklin told them: “Why, that is simple! In the Colonies, we issue our own paper money. It’s called ‘Colonial Scrip.’ We issue it to pay the government’s approved expenses and charities. We make sure it’s issued in proper proportion to make the goods pass easily from the producers to the consumers. In other words, we make sure there is always adequate money in circulation for the needs of the economy.
“In this manner, by creating ourselves our own paper money, we control its purchasing power, and we have no interest to pay, to anyone. You see, a legitimate government can both spend and lend money into circulation, while banks can only lend significant amounts of their promissory bank notes, for they can neither give away nor spend but a tiny fraction of the money the people need. Thus, when your bankers here in England place money in circulation, there is always a debt principal to be returned and usury to be paid. The result is that you have always too little credit in circulation to give the workers full employment. You do not have too many workers, you have too little money in circulation, and that which circulates, all bears the endless burden of unpayable debt and usury.”
Today, in the United States and in Europe, the people are under the regime of the Scrip of the bankers instead of the scrip of the sovereign nations. Hence the enormous public debts, everlasting interest (usury) charges, taxes that plunder purchasing power and rob the production of the people, with the result being more and more consolidation of the financial dictatorship.
How do we start to correct the fraud of the bankers? The first step in the monetary reform is to replace the banks’ debt money with debt-free money issued by the Constitutionally mandated sovereign government of the nation, the United States Congress, and elsewhere, the British Parliament, and similar governments. It is the duty of those governments to serve and protect their people, not allow financial robber barons to destroy them.
Germany, Ireland is already doing this. Both are now secretly printing their own currency again. Both know that the European Central banking rule is coming to an end.
“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks…will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered…. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.” – Thomas Jefferson in the debate over the Re-charter of the Bank Bill (1809)
“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.” – James Madison
“If congress has the right under the Constitution to issue paper money, it was given them to use themselves, not to be delegated to individuals or corporations.” – Andrew Jackson
“The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity.” – Abraham Lincoln
“When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes… Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.” – Napoleon Bonaparte, Emperor of France, 1815
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