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- The Federal Reserve Bank History (Part 2 of 5): The Secret
The Federal Reserve Bank History (Part 2 of 5): The Secret
- By Mike Valles
- Published Tuesday 2nd 2007
- History , Current Events , Politics
- Unrated
The second video in this series of 5 starts by showing how the Federal Reserve has worked in the past. While it was supposed to create a more stable economic situation for the citizens of this country, the evidence of history does not at all support this notion.
In fact, the exact opposite can be shown. The video goes to show how the Federal Reserve not only took advantage of situations as they occurred, but even set some in motion deliberately - whatever worked best to the advantage of those who controlled the Federal Reserve - the international bankers. Congressman Charles Lindbergh (the father of the famous aviator), the video shows, stated that the economic panic at that present time was "scientifically created" based on mathematical calculations. This meant that he believed that the current economic pandemonium that he spoke of was going as planned by the leaders of the Federal Reserve and those it cooperated with on an international level.
An example of what could happen under such a system was that the Federal Reserve had increased the money flow and brought about a time of seeming economic prosperity between 1921 and 1929. Inflation had gone up about 62%. Loans could be obtained on margins. This meant that you could buy $1,000 worth of stock for around $100. There was, however, one stipulation that was cleverly designed into the loan - it had to be paid back within 24 hours when notified to do so. In the crash of 1929, it occurred because all of these loans were recalled. The result, over 16,000 banks had collapsed which also jeopardized the companies that those banks owned. The central bank system, that is, the banks that make up the Federal Reserve, were able to destroy many independent banks and the companies they owned, and bought them back for 10 cents on a dollar. This move made them even more powerful.
This certainly brings into question the stability that was promised by the creators of the Federal Reserve. As a result of this occurrence, a congressional investigation was called to look into the matter. Louis McFadden instigated it, knowing that it was "carefully contrived" for the purpose of emerging as "the rulers of us all." Because of this investigation, he experienced two assassination attempts on his life, and a third one succeeded - just before he could ask for an impeachment.
The video then proceeds to show problems with the Federal income tax system. It was created largely to pay back the interest due on the money loaned from the Federal Reserve - the national budget.
International bankers, those that created the Federal Reserve, also love to see the United States become actively engaged in war. The obvious reason is that during war, the United States government must borrow more money to strengthen and sustain the war effort with new equipment, munitions, and transportation costs. What is not often understood, though, is that all governments on both sides of the war are borrowing money from the same people. This results in profits of staggering proportions.
Those that were in, or connected with, the Federal Reserve worked hard to bring the United States into World War I. Those in office initially wanted nothing to do with it. Finally, this was accomplished by deliberately sending the Lusitania into German waters by those wanting the war.
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The Federal Reserve Bank History (Part 2 of 5): The Secret
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