ECONOMY ALERT:  Banksters Exposed / Preparing WWIII

NOTE This is the first article in a 3 part series by Henry Makow.  This is cause and core information explaining much of the "method to the madness" behind sick geopolitics and the "set-up" to collapse the economy and create worldwide war as a final diversion and tactic to implement Martial law before the inbound comets hit by late July.  Print hard copy for the archives; the remnant will need to know what happened and be on guard next time. -CR

Banking Cartel Behind Humanity's Woes

By Henry Makow Ph.D.


FROM: "The Secrets of the Federal Reserve" by Eustace Mullins

"I believe that banking institutions are more dangerous
to our liberties than standing armies."

---Thomas Jefferson

In November 1949, Eustace Mullins, 25, was a researcher in Washington DC when friends invited him to visit the famous American poet Ezra Pound, who was confined at St. Elizabeth's Mental Hospital and listed as a "political prisoner."

A leading figure in Modern English literature, Pound was the editor and critic who introduced the world to James Joyce, W.B. Yeats and T.S. Eliot. During the Second World War, he was charged with treason for broadcasts on Rome Radio that questioned the motives behind America's involvement.

Pound commissioned Mullins to examine the influence of the banking establishment on U.S. policy. Mullins spent every morning for two years in the Library of Congress and met with Pound every afternoon. The resulting manuscript, "The Secrets of the Federal Reserve" proved too hot for any American publisher to handle. Nineteen rejected it. One said, "you'll never get this published in New York." When it finally appeared in Germany in 1955, the U.S. Military Government confiscated all 10,000 copies and burned them.

Thanks to the American Patriot Friends Network, this book is freely available on line. (I recommend you save it on your desktop, as I did.) Why is it so (excuse the pun) inflammatory?

Essentially it paints a picture of the world, and the role of the United States, which is radically different from the one we are given in school or in the media.

"Notwithstanding the war of independence against England," writes Mullins, "we remained an economic and financial colony of Great Britain." Between 1865 and 1913, he says London bankers led by the Rothschilds used agents such as J.P. Morgan and J.D. Rockefeller to gain control of American industry and organize it into cartels.

Where did these bankers get the money? For over 200 years, European bankers have been able to draw on the credit of their host countries to print it!

In the Seventeenth Century, the moneylenders and the aristocracy made a pact. If the king would make paper currency a liability of the state, the moneylenders would print as much as he liked! Thus the Banks of England, France and the Reichsbank came into being but they were all private corporations and remain so today.

According to this nefarious pact, the moneylenders got to charge interest on assets they created out of thin air. The aristocracy all took shares in the central banks plus they got to finance a burgeoning government and to wage costly wars.

This piece of chicanery is the heart of the beast that plagues humanity.

The bankers have a vested interest in the state (i.e. the people) incurring as much debt as possible. They are behind the Marxist, socialist and liberal movements which call for big government and social spending. They are behind the catastrophic wars of the last century. The Warburgs financed the Bolshevik Revolution. The Bank of England financed the rise of Hitler. Prescott Bush (W's grandfather) was head of Brown Brothers Harriman, which financed the construction of the Nazi war machine.

Naturally if you can create money out of thin air, your first instinct is to buy tangible assets with it. There is a powerful impulse to use debt to control nations and take over their real assets. This is the essence of the so-called Third World Debt crisis.

Dedicated to owning all wealth and enslaving humanity,
an irresistible vampire has been unleashed upon the world.

Much of Mullins book is devoted to the subterfuge by which the United States was drawn into its lethal embrace. In 1913, the Owen-Glass Bill gave mostly foreign-controlled banks (posing as "the Federal Reserve") the right to create currency based on the credit of the United States government and to charge it interest for doing it!

To accomplish this, the bankers had to rig the election of 1913 in order to get Woodrow Wilson elected. Then their stooges in Congress passed the legislation on December 22 after their opponents had gone home for Christmas.

"This act establishes the most gigantic trust [cartel] on earth," Congressman Charles Lindbergh said at the time. "When the President signs this bill; the invisible government by the Monetary Power will be legalized. The people may not know it immediately but the day of reckoning is only a few years removed."

Mullins explains that the legislation passed just in time for the American people to finance World War One. After maintaining standing armies for 50 years, European powers no longer could afford the luxury of another war.

But the U.S. was relatively debt free and made the whole thing possible.

What would WWI have been without Germany? Apparently Germany was not self-sufficient in food and would have had to sit out this war. In the nick of time, the bankers organized something called "The Belgium Relief Committee" which channeled billions of dollars worth of U.S. meat and potatoes not to Belgium but to Germany.

When Edith Cavell, an American working in a Belgium hospital pointed this out,

British intelligence had the Germans arrest and execute her.

Mullins makes a convincing case that every U.S. President since Wilson has been a lackey of the bankers. J.F. Kennedy was assassinated because he started to print his own U.S. government-backed currency. This is also the transgression that led to the murders of Presidents Abraham Lincoln and James Garfield.

Last year alone, the American people paid $360 billion in interest to the bankers. To maintain this massive fraud, the bankers enforce an iron grip on the political and cultural organs of the nation. According to Mullins, "The New York Times" is owned by the Kuhn Loeb while "The Washington Post" is owned by Lazard Freres. In Europe the Rothschilds own Reuters as well as the French and German news services.

I presume US publishers, TV networks and movie producers are similarly beholden. Rockefellers, Carnegies and the Fords endow the nations' libraries and universities. Journalists and professors dutifully parrot fantasies about democracy and freedom. Mind control laboratories run by the CIA and the British army (TheTavistock Institute) dream up ways to manipulate and undermine the population. The psychological sterilization of the human female ("feminism") is an example.

The "War on Terror" is part of the banking cabal's plan to consolidate its grip on humanity in a friendly (or not so friendly) fascist "New World Order." They want to secure their political, economic and social grip on the obstreperous Muslim world, as well as build up a security apparatus in case the docile populations of the West become restive.

Well, at least the cosmic battle between Good and Evil is out in the open at last!


"We have had our last chance. If we do not now devise some greater and more equitable system, Armageddon will be at our door. The problem is basically theological and involves a spiritual renewal and improvement of human character. It must be of the spirit, if we are to save the flesh."
Gen. Douglas MacArthur, who understood what is the ultimate
solution to wars and the defense against evil


-------------- keynote "Must Read" related article follows



"Money" in the United States is Make-believe "Dollars"; paper and ink records of numbers preceded by a dollar sign ($) in bookkeeping entries, accepted by the people as imaginary mediums of exchange, whose volume increases daily with official and individual conjurings; are seignioragge, credit, inflation, money, and totally intangible, cannot be sighted, heard, smelled, tasted, or touched, can exist in human thought only, and are shifted about by check and credit card to "settle by imagination" ninety five percent of all indebtedness.

An Eyewitness To Counterfeiting

In every nation in the history of the world, has it not always ended up a war between the ruling class and the people? The king wants more and more, and the people continually settle for less and less. In 20th century America, the bureaucracy reversed the roles of master and servant by absconding with the wealth -- lawful money -- and silently became that ruling class.

The currency switch was one chimerical sleight-of-hand, the installation of slug coins another which was not so easy. Here is how it was done.

In late 1959, National Rejectors of St. Louis, Missouri -- the manufacturer of ninety-seven per cent of the coin acceptance devices in the United States -- received an unannounced visit from several agents of the U.S. Treasury Department officiously flashing their badges and credentials. The company's top inventor-designer was a brilliant New Yorker from Brooklyn by the name of Merrill Jenkins. The officers desired an interview with Mr. Jenkins regarding a subject that was normally kept under tight corporate security.

"What techniques," the government agents asked him, "might a counterfeiter use to deceive state-of-the-art coin acceptance machines?" Believing that he was helping to protect the interests of the United States Treasury and, therewith, the American people, Jenkins revealed over the course of the interview that the counterfeiter who could manufacture a copper slug sandwiched between two faces of nickel would have himself a coin costing between one and two cents (depending upon its size). The mechanical acceptors would then mistakenly read the coin as being made of the silver the machines were designed to receive.

"But don't worry about it," Jenkins assured the officials. "We are talking about a complicated process. Only a very sophisticated syndicate with unlimited resources could turn out these coins in quantity." Little did he realize that he was revealing secrets of national security to that very syndicate, the actual one with its eye on discovering the method of creating unlimited resources. "The counterfeiter the Treasury was pretending to guard against," he later constantly told lecture audiences for the rest of his life, "was the Treasury Department itself."

When the Coinage Act of 1965 began turning those coins out in dime, quarter, half-dollar, and dollar denominations, the middle-aged inventor was shocked. Merrill Jenkins felt his confidence had been betrayed. Eventually, he quit the firm and began exploring the historical relationship of governments to money, and he spent the rest of his life writing books and speaking publicly in an attempt to help ordinary mortals comprehend the gravity of the situation. Strange to him at the time, no major publishing house would touch his writings, and he had to self-publish each piece as he could afford it. After his death in 1979, a handful of followers picked up his torch.

At the time of Mr. Jenkin's death, America had endured more than a decade of the infusion of fiat money. Both the coins and currency in circulation were irredeemable in gold or silver for the first time since the "Not worth a Continental" days of the 1780s. Predictably, the once great nation had plunged itself into the very kind of economic chaos the Constitution had been written to cure and prevent. Inflation began to creep like never before in their lifetimes, but the people swallowed all the economic propaganda without question.

For years we have been warned by those who have been there "Don't try to explain the money issue to a jury. They just can't get it in one short lesson." Agreed. But if the "Paper Money" scheme seems tough to sort out, believe it that the coinage fraud is even tougher.

Merrill Jenkins understood it better than anyone. After all, he lived the deception first hand. From his masterpiece, Money – Thee Greatest Hoax on Earth, from which there is an education on every page, we glean a tidbit

"If it were possible to educate the people, and if it were possible to go back to wealth media, the extraction of wealth would cease and our nation would resume its progress toward ever greater individual standards of living. That is why they outlawed gold and silver coins. This was our wealth media. That is why they melted our silver coins and sold our silver at auction. They don't want us to use wealth media. If we use our wealth media, we own our wealth and the elected officials become servants of the people. The public would regain the power to direct the policies of their government."

Merrill Jenkins' works are a "must" for the bookshelf of any monetary realist.


Credit IS inflation.

Bob, I didn't write this—contact the author

Bob, Learn to be a monetary realist and teach your group.

It seems that Jenkins was the only one who had it straight.

He was one man in 250 million.

Keynes said that not one man in a million could diagnose it.

Again, Jenkins was one in 250 million.

There are hoards of screwed up "money experts" condemning the Fed but not knowing what inflation is so they insist that congress should be inflating and not the Fed.

Keynes said that governments confiscate by a "continuing process of inflation". (He should have said "inflating")

Think Doc, do they confiscate with prices or do they confiscate with credit?

You could go to an auction without a dime in your pocket or in a bank. You could bid something up to 100,000 DOLLARS or more! Quit bidding and another bidder pays a steep price because of your bidding. The NOTHING you bidded as something was the inflation and the high price was the result of nothing offered for something.

So what is it like in the stores every day? Hoards of consumers offering DOLLARS when they don't have a dime to their name, a dime by law, being a fixed weight of silver. All they have is credit that exists only in the mind.

They offer nothing for something and the more nothing they are willing to offer, the more nothing the merchants strive to get with the belief that nothing is something. After all, the merchants can take the imagined DOLLARS and rob others without fear of prosecution. Even tax men will accept the imagined DOLLARS.

Here in Missouri, the legislature authorized the " payment" of certain taxes with credit cards (nothing cards), Tell me Doc, if they authorized us to grow wings, COULD WE FLY?

The state doesn't want any MONEY nor does the IRS (Imaginary Revenue Scum.). They know we have no money. They want authorizations for our banks to reduce our credit so that we aren't bidding excessive amounts of nothing for something and cause the ILLUSION CALLED "rising prices".

Would you say prices have risen when you used to get a loaf of bread for a dime weight of silver and now you can get it for a mere piece of paper? Speak of apples and oranges being mixed!

I have all National Geographic from 1920 to 1930. In them we find an ad offering a round the world cruise for 600 dollars. You can still get that deal, maybe for a lot less if you don't try mixing apples with oranges. A dollar then was a gold coin smaller than a dime coin.

If you have 600 of them now, you might get 2 or 3 trips around the planet as each one might get you 150 dollars of nothing that we all risk our lives for and the military lose their lives for.

For the few to control the many with inflation, they have to work overtime to keep us from knowing what inflation is and how they work us with it. Inflation is nothing accepted for something. Credit is nothing accepted for something, therefore, credit is inflation.

If you have a gold coin with a hole in it and someone accepts the coin as full bodied, the hole is inflation.

The hole is MONEY.

The gold is not money and can not be money. Gold is WEALTH and Jenkins said "money expropriates wealth".

The Fed corroborated him with "Inflation reduces the wealth of money holders in proportion to their holdings of money". The Fed never fibbed!

You have been told not to take any wooden nickels, right?

Are you aware that you lose 20 times as much by accepting credit dollars?

People condemn inflation and keep putting in 40 hours a week for more of it.

"A double minded man is unstable in all of his ways" James 18

Destabilized people are conquered people.

Most of this message was for others, Bob, I hope it helped you.





"None are so hopelessly enslaved,
as those who falsely believe they are free.
The truth has been kept from the depth of their minds
by masters who rule them with lies.
They feed them on falsehoods till wrong looks like right in their eyes."

~~ Johann Goethe

"Higher interest rates are the Achilles Heel of the US economy. We have too much consumer debt, too much credit card debt, too much mortgage debt, too much corporate debt and too much government debt. Higher interest rates are not only going to choke economic growth in the US, they could easily precipitate a collapse in real estate and the stock market. Don't, for a minute, believe that the worst is behind us." - Paul van Eeden