LEGISLATED INTO ECONOMIC BONDAGE
treason
- n.
Violation of allegiance toward one's country or sovereign, especially the betrayal of one's country by waging war against it or by consciously and purposely acting to aid its enemies. - n.
A betrayal of trust or confidence.
Political Treason in Congress, the Senate, The House
and the Oval Office
Treason
is committed daily in the United States and it is done using the legislative
process. The majority of Americans have no idea of the "Public Laws"
are that have been passed and continue to be passed. There has not been one
single administration or politician that has supported the United States of
America as a Republic. In fact all have worked against the People of this Great
Nation. This is a documented fact and the documents are the legislative bills
that are before congress, the bills that have passed Congress, the Senate and
the House and have been signed into Law by the signature of treasonous men who
hold the highest office of this nation and that is a sitting President.
Many hold a dual
citizenship which can only be illegal for how can an individual claim to be
loyal to two nations when that individual is considering legislation before
them that could be detrimental to one of those nations? In holding a dual
citizenship what is the guarantee of loyalty and to which Nation would that
loyalty be pledged?
Matthew 6:21-24 21For where your treasure is, there will your heart be
also. 22The light of the body is the eye: if therefore thine
eye be single, thy whole body shall be full of light. 23But if thine eye be evil, thy whole body shall be full
of darkness. If therefore the light that is in thee be darkness, how great is that darkness! 24No man can serve two masters: for
either he will hate the one, and love the other; or else he will hold to the
one, and despise the other. Ye cannot serve God and mammon.
steward (sto͞oˈərd, styo͞oˈ-)
►
- n.
One who manages another's property, finances, or other affairs. - n.
One who is in charge of the household affairs of a large estate, club, hotel, or resort. - n.
A ship's officer who is in charge of provisions and dining arrangements.
1 Corinthians 4:2 - Moreover it is required in stewards, that a man be found faithful.
So how
did America a nation founded on Biblical Principles become the public purse
strings of a nation created in 1948? A nation that is given billions and
billions of dollars in aid every time an
economic bill is passed. A nation that we allow our sons and daughters to die
for under many treasonous pretexts. A nation touted as "America's Greatest
Ally" yet no war can be named that the nation of Israel created in 1948
has fought beside America in. No one has ever asked the question, if America
fights communism than why was the Communist Soviet Union our ally in both World
War I and World War II. The other question to ask is who financed and supported
the Communist Soviet Union. Who financed the Bolshevik Revolution that brought
the "Red Terror" to power?
For
these answers we have to go back in History and learn when the most abhorrent
treasonous legislation occurred at the highest offices of our so called
representatives. Back to 1913 when a fictitious banking system was allowed to
print monopoly money out of thin air and convince the American People of a
value that did not and does not exist. A money printing monopoly that was
detrimental to the American Nation economically because the use of the monopoly
money had a usury string attached like an umbilical cord to it that indebted
every single citizen of America and all future generations. The fictitious
banking system was and is a treasonous scheme and it is called the Federal
Reserve.
fictitious (fĭk-tĭshˈəs)
►
- adj.
Of, relating to, or characterized by fiction; imaginary. - adj.
Accepted or assumed for the sake of convention: a fictitious belief. - adj.
Adopted or assumed in order to deceive: a fictitious name.
The very
name Federal Reserve is deliberately deceptive. This gave the People of America
the idea that this fictitious " banking system" was connected to the
Federal Government. The reality was this fictitious money making scheme had
nothing to do with the Federal Government and every thing to do with Usury and
the treason of American elected officials. This was such an important act that
changed the economics of America with tentacles that had far reaching
consequences not just in America but across the globe affecting every aspect of
an individual's life. Existing to this very day to the detriment of every
single individual including future generations.
HISTORY OF THE FEDERAL RESERVE A TREASONOUS SCHEME TO
ENSLAVE AMERICA
The Panic of 1907
known as the Bankers Panic or Knickerbocker crisis was a United States
Financial crisis that took place over a 3 week period. This was a Wall Street
Crisis that was manufactured and used by
certain individuals that even today maintain a monopoly on Wall Street and the
Federal Reserve Scheme. The panic of 1907 brought bankruptcy to many companies
as planned and many banks failed as a result of people removing deposits from
the banks.
The
panic might have deepened if not for the intervention of financier J.
P. Morgan,[3] who pledged large sums of his own money, and
convinced other New York bankers to do the same, to shore up the banking system.
This highlighted the impotence of the nation's Independent Treasury system, which managed the nation's money
supply, yet was unable to inject
liquidity back into the market. By November, the financial contagion had largely ended, only to be replaced by a further crisis. This was
due to the heavy borrowing of a large brokerage firm that used the stock of Tennessee Coal, Iron and Railroad Company (TC&I) as collateral.
Collapse of TC&I's stock price was averted by an emergency takeover by
Morgan's U.S. Steel Corporation—a move approved by anti-monopolist president Theodore Roosevelt. The
following year, Senator Nelson W. Aldrich, father-in-law of John
D. Rockefeller, Jr., established and chaired a commission to investigate the
crisis and propose future solutions, leading to the creation of the Federal Reserve System.[4][5]
Wall Street during the
bank panic in October 1907.
https://en.wikipedia.org/wiki/Panic_of_1907>
The Federal Reserve Act of 1913 -
A Legislative History
May 08, 1908 - Aldrich-Vreeland Act enacted;
establishes National Monetary Commission
National Monetary Commission Created Appointment Sixtieth Congress. Sess. I. CHS. 228, 229.
1908
Section 17. That a Commission is hereby
created, to be called the "National Monetary Commission" to be
composed of nine members of the Senate, to be appointed by the Presiding
Officer thereof, and nine members of the House of Representatives, to be appointed
by the Speaker thereof: and any vacancy on the Commission shall be filled in
the same manner as the original appointment.
Section 18. That it shall be the duty of this
commission to inquire into and report to Congress at the earliest date
practicable., what changes are necessary or desirable in the monetary system of
the United States or in the laws relating to banking and currency, and for this
purpose they are authorized to sit during the sessions or recess of Congress,
at such times and places as they may deem desirable, . To send for persons and
papers, to administer oaths, to summons and compel the attendance of witnesses
and to employ a disbursing officer and such secretaries, experts,
stenographers, messengers, and other assistants as shall be necessary to carry
out the purposes for which said Commission was created.
1909 - 1911 - National
Monetary Commission publishes a series of 48 reports on banking
Jan. 08, 1912 - Final
report of National Monetary Commission with recommendations
& proposed draft bill, known as the Aldrich Plan, after its Chairman,
Nelson Aldrich.
Jan. 11, 1912 -
Aldrich bill introduced as S. 4431 by Sen. Burton, R-OH (no further action)
1912 - 1913 - House
Subcommittee hearings held May thru February,
chaired by Rep. Arsene Pujo, D-LA, on the "Money Trust
Investgation"
Aug. 1912 -
Democratic party approves platform opposing the "Aldrich bill for the
establishment
of a central bank," but supports banking law reform
Nov. 1912 -
Democratic Party sweeps the U.S. House, Senate, and White House,
electing Woodrow Wilson as President
Jan - Feb 1913 -
Hearings before a subcommittee of the House Banking and Currency
Committee, "Banking
and Currency Reform"
Feb. 13, 1913 -
Report of the Pujo Subcommittee, H.
Rept. 62-1593 - Concentration of Control of Money and Credit
Chronology in the 63rd Congress, 1st Session (1913)
Apr. 07, 1913 -
Aldrich bill introduced as S. 7 by Sen. Lodge, R-MA (no further action)
Jun. 23, 1913 - Pres.
Wilson addressed joint session of Congress on banking and currency reform.
Jun. 26, 1913 - H.R.
6454 & S. 2639 introduced by Rep. Carter Glass & Sen. Robert L. Owen
- 1st official introduction of President Wilson's proposed Federal Reserve Act
Aug. 29, 1913 - H.R.
7837 introduced by Rep. Carter Glass, D-VA, chair of the House
Committee on Banking and Currency
Sep. 10, 1913 - H.R.
7837 reported, H.
Rpt. 63-69, pp. 1-74 (Majority views - Rep. Glass)
Sep. 10, 1913 - H.R.
7837 as reported, H.
Rpt. 63-69, pp. 111-132 (Appendices C & D -
reserves)
Sep. 10, 1913 - H.R.
7837 reported H.
Rpt. 63-69, pp. 133-166 (Minority views & Rep.
Lindberg's)
Sep. 10 - 18, 1913 -
H.R. 7837 considered on the House floor
Sep. 18, 1913 - H.R.
7837 passed by House - 287 yeas, 85 nays, 5 present, 55 not voting
with 26 announced pairs - v.
50 Cong. Rec. pp. 5127-5135
Sep. 2 - Oct. 27,
1913 - Hearings by the Senate Banking and Currency Committee chaired by
Nov. 06, 1913 -
Vanderlip persuades Senate Banking Cmte to adopt some of his plan - NYT
Nov. 20, 1913 -
Senate Banking Committee deadlock, 6 to 6 (v. 50 CR
5950)
Nov. 22, 1913 - H.R.
7837 reported in disagreement. See (S. Rpt.
63-133, pp. 1-28) by
Senate Banking and Currency Committee with views of Owen
Nov. 22, 1913 - Text
of H.R. 7837 as proposed by Owen, S. Rpt.
63-133 pp. 32-66 - Appendix
Nov. 22, 1913 - H.R.
7837 as proposed by Sen. Hitchcock, S.
Rpt. 63-133 Pt. 3, pp. 1-24
- views of Sen. Gilbert Hitchcock, D-NE,
and text of bill as proposed (Vanderlip plan)
Nov. 24, 1913 - S.
Doc. 63-242 - Comparative Print of H.R. 7837 as passed by House;
with Owen & Hitchcock amendments
Chronology in 63rd Congress, 2d Session (1913-1914)
Dec. 1 - 18, 1913 -
H.R. 7837 (Owen
substitute amdt) considered on Senate floor
Dec. 18, 1913 -
Senate passed H.R. 7837 (v. 51
Cong. Rec. 1230) 54 yeas to 34 nays
& 7 not voting. Bill includes Owen amendment as amended.
Dec. 20, 1913 -
House voted to disagree to Senate amendment and send bill to conference
Dec. 22, 1913 -
Conference Report submitted to Senate and House
Dec. 22, 1913 - S. Doc.
63-335 - Comparative Print of H.R. 7837 as passed by the House,
the Senate, and the proposed Conference Report
Dec. 22, 1913 -
Explanation of conf. rept. by Rep. Glass (v. 51
Cong. Rec. A561 - A564)
Dec. 22, 1913 -
House agreed to conference report on H.R. 7837 (v. 51 Cong.
Rec. 1464) by
298 yeas to 60 nays and 76 not voting but with 34 announced pairs (NYT
article).
Dec. 23, 1913 -
Senate agreed to conference report on H.R. 7837 (v.
51 Cong. Rec. 1487-88) by
43 yeas to 25 nays and 27 not voting but with 13 announced pairs
https://www.llsdc.org/assets/FRAdocs/fra-lh-pl63-43.pdf Public Law Document
Apr. 10, 1914 -
report of the Federal Reserve Bank Organization Committee (Documents)
Other Historical Resources
A
B C of the Federal Reserve System, The by Edwin Kemmerer, Princeton Univ.
Press, 1922
Aldrich
Plan Compared with Glass Bill by Rep. S.D. Fess, R-OH, Sep. 18, 1913 -
Cong. Rec. A282
Banker Preferences, Interbank
Connections & the Enduring Structure of the Federal Reserve Sys.; 2015
Banking
Reform - National Citizens' League For the Promotion of a Sound Banking
System, 1912
Board of
Governors of the Federal Reserve System: History, Membership & Current
Issues, CRS Rpt, 1995
Brief History of Central
Banking in the United States by Edward Flaherty, PhD., 2003
Defects
and Needs of Our Banking System by Paul Warburg, NY Times article, Jan. 6,
1907
Federal
Reserve Act of 1913, The: History and Digest by V. Gilmore Iden, 1914
Federal
Reserve Act, National Bank Act & Other Banking Laws, 1812-1914,
National City Bank
Federal
Reserve System - Its Purpose and Work, v.99, Annals of the Amer. Academy of
Pol. & Soc. Sci., 1922
Historical
Beginnings ...The Federal Reserve by Roger T. Johnson, Fed. Res. Bank of
Boston, 1999/2010
Operation
of Federal Reserve Act; Cong. Rec. insert of docs/speeches by C.S. Hamlin
& W.P. Willis, 1915
Paul
Warburg's Crusade to Establish a Central Bank in the United States by M. A.
Whitehouse, 1989
Act of Treason signed into Law by President Woodrow Wilson in December 1913
Nelson Aldrich
Nelson Wilmarth
Aldrich was a prominent American
politician and a
leader of the Republican
Party in the United
States Senate, where he served from 1881 to 1911. By the 1890s he was one
of the "Big Four" key Republicans who largely controlled the major
decisions of the Senate, along with Orville H. Platt, William B. Allison
and John Coit Spooner.[1]
Because of his impact on national politics and central position on the pivotal
Senate Finance Committee, he was referred to by the press and public alike as
the "General Manager of the Nation", dominating tariff
and monetary policy
in the first decade of the 20th century.
Aldrich led the
passage of the Aldrich–Vreeland
Act, which established the National
Monetary Commission to study the causes of the Panic of 1907. He served
as chair of that commission, which drew up the Aldrich Plan as a basis for a
reform of the financial regulatory system. The Aldrich Plan strongly influenced
the Federal Reserve
Act of 1913, which established the Federal Reserve
System. Aldrich also sponsored the Sixteenth
Amendment, which allowed for a direct federal
income tax.
Deeply committed to
the efficiency model of the Progressive Era, he
believed that his financial and trade policies would lead to greater
efficiency. Reformers, however, denounced him as representative of the evils of
big business. His daughter Abigail
married into the Rockefeller
family, and his descendants, including namesake Nelson A. Rockefeller,
became powerful figures in American politics and banking.[2]
The Aldrich Plan
In 1910, Senator
Nelson Aldrich, Frank Vanderlip of National City (Citibank), Henry Davison of
Morgan Bank, and Paul Warburg of the Kuhn, Loeb Investment House met secretly
at Jekyll Island, a resort island off the coast of Georgia, to discuss and
formulate banking reform, including plans for a form of central banking. The
meeting was held in secret because the participants knew that any plan they
generated would be rejected automatically in the House of Representatives if it
were associated with Wall Street. Because it was secret and because it involved
Wall Street, the Jekyll Island affair has always been a source of conspiracy
theories. But the conspiracy theorists overestimate the significance of the
meeting. Everyone knew Wall Street wanted reform, and the Aldrich Plan which
the meeting produced was, in fact, rejected by the House.
The Aldrich Plan
called for a system of fifteen regional central banks, called National Reserve
Associations, whose actions would be coordinated by a national board of
commercial bankers. The Reserve Association would make emergency loans to
member banks, would create money to provide an elastic currency that could be
exchanged equally for demand deposits, and would act as a fiscal agent for the
federal government. The Aldrich Plan was defeated in the House as expected, but
its outline became a model for a bill that eventually was adopted.
What eventually
emerged was the Federal Reserve Act, also known at the time as the Currency
Bill, or the Owen-Glass Act. The bill called for a system of eight to twelve
mostly autonomous regional Reserve Banks that would be owned by commerical
banks and whose actions would be coordinated by a committee appointed by the
President. The Federal Reserve System would then become a privately owned
banking system that was operated in the public interest. Bankers would run the
twelve Banks, but those Banks would be supervised and by the Federal Reserve
Board whose members included the Secretary of the Treasury, the Comptroller of
the Currency, and other officials appointed by the President to represent
public interests.
The House of
Representatives passed the Federal Reserve Act by a vote of 298 to 60. The
Senate also passed the measure 43 to 25. In both chambers of Congress, it was
the anti-banker Democrats that overwhelmingly supported the Act, while for the
most part the pro-banker Republicans opposed it. President Wilson signed the
bill on December 23, 1913 and the Federal Reserve System was born. Bankers
largely opposed the Act because of the presence of the Federal Reserve Board in
the legislation and because only one of its seven members could represent the
banking community.
NOTE: Bill H.R.7837 known as the Federal
Reserve Act passed by Congress in December 1913 was almost identical to the Aldrich Plan. This Act was
conceived and drafted by private bankers with foreign Rothchild and Warburgh Wall Street connections who
used both Republicans and Democrats as their sponsors. The Aldrich connection
is important in particular because of the MANUFACTURED
Panic of 1907.
PAUL
WARBURG-BANKER
THE U.S. FEDERAL RESERVE'S "JEWISH" ORIGINS
HAARETZ TUESDAY, OCTOBER 9, 2018
A German-Jewish
immigrant, one of the Fed's founders, had a fervent wish that his creation
would be seen as one of America’s great monuments.
Paul Moritz Warburg,
a German-Jewish immigrant who was one of the founding fathers of the U.S.
Federal Reserve, had a fervent wish that his creation would be seen as one of
America’s great monuments — “like the old cathedrals of Europe.” (
THE WORSHIP OF MAMMON COULD NEVER BE MORE OBVIOUS THAN IN THIS STATEMENT )
LUKE 16:9-12
9 And I say unto you, Make to yourselves friends of
the mammon of unrighteousness; that, when ye fail, they may receive you into
everlasting habitations.
10 He that is faithful in that
which is least is faithful also in much: and he that is unjust in the least is
unjust also in much.
11 If therefore ye have not
been faithful in the unrighteous mammon, who will commit to your trust the true
riches?
12 And if ye have not been
faithful in that which is another man's, who shall give you that which is your
own?
Paul Moritz Warburg (August 10, 1868 – January
24, 1932) was an American banker born in Germany, and an early advocate of the
U.S. Federal
Reserve System.
Warburg was born in Hamburg, Germany, to
the Warburg family,
a Jewish banking dynasty with origins in Venice.
Warburg was elected
a director of Wells
Fargo & Company in February 1910. He resigned in September 1914
following his appointment to the Federal Reserve
Board, and Jacob Schiff was elected to his seat on the Wells Fargo board.[5]
Warburg became known
as a persuasive advocate of central
banking in America. Many of his contemporaries regarded him as the chief
driving force behind the establishment of America's central bank. Russell Leffingwell,
who served variously as the Assistant Secretary of the Treasury, head of the Council on
Foreign Relations, and chairman of J.P. Morgan,[6] credited Warburg with doing
"yeoman's service in preaching the doctrines and practices of modern
[central] European banking."
Harold Kellock of The Century Magazine, characterized
Warburg as "the mildest-mannered man that ever personally conducted a
revolution". This shy and sensitive man, Kellock continued, "imposed his idea on a nation of a hundred
million people".[9]
Warburg's ideas
gained a wider hearing after the panic of 1907 engulfed the country’s financial
system,[14] and he subsequently published two
more articles elaborating and defending his plans, "A Plan for a Modified
Central Bank"[15] and "A United Reserve Bank of
the United States".[16] At the same time, he appeared at
conferences hosted by Columbia University, the American Economic Society, and
the Academy of Political Science.[17]
By 1908, Warburg had
gained enough recognition that Nelson Aldrich, the
Republican senator from Rhode Island, consulted him for advice on currency
reform. The National
Monetary Commission, which Aldrich chaired, subsequently interviewed
Warburg on multiple occasions.[17] In 1910, Aldrich invited Warburg
to attend a secret meeting with other influential bankers on Jekyll Island in
Georgia, where the draft of a bill to establish a central bank was worked out.[18][19]
This bill was close
enough to the outline that he adumbrated in his three articles that Harold
Kellock could write, "Five years from the time Mr. Warburg had begun his
single-handed crusade, his ideas were placed before Congress in the form of the
Aldrich Bill."[17]
The Aldrich Bill,
however, did not become the Federal Reserve Act.
The Owen–Glass Bill did. But modern scholars such as Elmus Wicker,[20] Murray Rothbard,[21] William Greider,[22] and Griffin[19] believe that the Aldrich and
Owen–Glass bills are so similar that there is little doubt the latter plan was
heavily influenced by the former. "The New York bankers got all they
wanted", Wicker argues, "with the single exception of banker control.
... The Federal Reserve Act owes as much, if not more, to Senator Aldrich as it
does to Representative Glass."[23] Despite some minor quibbles,
Warburg himself largely celebrated the Owen–Glass Bill in the North American Review. It was "a
source of great satisfaction", he wrote, that both the Democratic and
Republican parties had come to embrace the type of plan for which reformers
like him had been campaigning.[24]
In 1919, he founded
and became first chairman of the American Acceptance Council. He organized and
became the first chairman of the International Acceptance Bank of New York in
1921. International Acceptance was acquired by the Bank of the
Manhattan Company in 1929, with Warburg becoming chairman of the combined
organization.
He became a director
of the Council on Foreign Relations at its founding in 1921, remaining on the
board until his death. From 1921 to 1926 Warburg was a member of the advisory
council of Federal Reserve Board, serving as president of the advisory council
in 1924–26. He was also a trustee of the Institute of Economics, founded in
1922; when it was merged into the Brookings
Institution in 1927, he became a trustee of the latter, serving until his
death.[2][3]
On March 8, 1929,
Warburg warned of the disaster threatened by the wild stock speculation then
rampant in the United States, foreshadowing Wall Street
Crash of 1929 which occurred in October of that year.[2][3]
( Warburg began his
"revolution" as it was called in 1902 when he drafted a
"Critique" of the American Banking System.)
It is interesting to note that his son, James Warburg
was a financial advisor to another treasonous sitting President Franklin D.
Roosevelt in his first years of presidency.From <https://en.wikipedia.org/wiki/Paul_Warburg>
THE FEDERAL RESERVE SYSTEM ITS ORIGIN AND GROWTH -
REFLECTIONS AND RECOLLECTIONS BY PAUL M. WARBURG
This is a PDF file
available online https://fraser.stlouisfed.org/files/docs/publications/books/frsorigin1930/frsorigin_warburg_1930v1.pdf
I would advise that
every American of age read this. A nation that is drenched with blood in the
name of Freedom that is in servitude to a select group of bankers and the
corrupt and treasonous politicians that have put this yoke of bondage on every
American past, present and future should make it a duty, a responsibility to
know what has been done to this country and ultimately why so many of our
children are sacrificed to the god of mammon in every war that has been in
every generation regardless if it is called World War I, World War II, War on
drugs, War on Terror. This Nation that was founded on freedom and a faith in
God has become a Nation of apathetic immoral creatures and very few have the
courage to speak out and those that do have been imprisoned under illegal
charges that are designed to discredit them and many have been murdered to keep
them silent.
To ignore the truth
and to claim ignorance when the truth is at your fingertips is to endanger your
very existence and the existence of future generations. There is no excuse for
apathy. Nor can an individual expect empathy when they have willingly walked
down a path of total destruction. The destruction of an entire Nation because
of apathy is a Nation that deserves what they have allowed. There are many in
the fight for the truth today and they are the unknown heroes that stay
vigilant and spend many hours in the various social media venues to bring the
truth to the average American. It is grueling, time consuming and there is no
fiduciary gain for these people.They are met with ridicule and character
assassination, but they are the American
Patriots. You will never find an American Patriot in the world of Politics
because there are none. It is the Politicians that have corrupted and destroyed
this great Nation and it is the apathy of the People that have allowed it.
America has fallen and it will take every single American to build Her up
again. It may seem an impossible task but we began with nothing but our faith
and we can, with faith move a mountain. It is long past time to take back this
Nation. We must start by ending the Federal Reserve Act. God Bless America…..He
did…..what did we do?
apathy
- n.
Lack of interest or concern, especially regarding matters of general importance or appeal; indifference. - n.
Lack of emotion or feeling; impassiveness.
2 Chronicles 7:14 - If my people, which are called by my name, shall humble themselves,
and pray, and seek my face, and turn from their wicked ways; then will I hear
from heaven, and will forgive their sin, and will heal their land.
Psalms 33:12
- Blessed [is] the nation whose God [is] the LORD; [and] the people [whom] he
hath chosen for his own inheritance.
Isaiah 60:12
- For the nation and kingdom that will not serve thee shall perish; yea,
[those] nations shall be utterly wasted.
_________BEGIN NOVEMBER ISSUE_______________
THE FEDERAL RESERVE IS A CENTRAL BANK
A central bank, reserve
bank, or monetary authority is an
institution that manages a state's currency, money supply, and interest rates. Central
banks also usually oversee the commercial banking system
of their respective countries. In contrast to a commercial bank, a central bank
possesses a monopoly on increasing the monetary base in the
state, and usually also prints the national currency,[1] which usually serves as the state's
legal tender. Central banks also act as a "lender of last
resort" to the banking sector during times of financial crisis. Most
central banks usually also have supervisory and regulatory powers to ensure the
solvency of member institutions, prevent bank runs, and prevent
reckless or fraudulent behavior by member banks.
Central banks in
most developed nations are institutionally designed to be independent from
political interference.[2][3] Still, limited control by the
executive and legislative bodies usually exists.[4][5]
A central banking
role was played by a small group of powerful family banking houses, typified by
the House of
Rothschild, with branches in major cities across Europe, as well as the Hottinguer family in
Switzerland and the Oppenheim
family in Germany.[25][26]
Activities and responsibilities of the central banks
The Eccles Federal Reserve
Board Building in Washington,
D.C. houses the main offices of the Board
of Governors of the United States' Federal Reserve
System
Functions of a
central bank may include:
- implementing monetary policies.
- setting the official interest rate – used to manage both inflation and the country's exchange rate – and ensuring that this rate takes effect via a variety of policy mechanisms
- controlling the nation's entire money supply
- the Government's banker and the bankers' bank ("lender of last resort")
- managing the country's foreign exchange and gold reserves and the Government's stock register
- regulating and supervising the banking industry
The US
Federal Reserve
remits all its profits to the U.S. Treasury. This income, derived from the
power to issue currency, is referred to as seigniorage, and usually belongs to the national government. The
state-sanctioned power to create currency is called the Right of Issuance. Throughout
history there have been disagreements over this power, since whoever controls
the creation of currency controls the seigniorage income. The expression
"monetary policy" may also refer more narrowly to the interest-rate
targets and other active measures undertaken by the monetary authority.
Seigniorage as a tax
Economists regard
seigniorage as a form of inflation tax, redistributing real resources to the
currency issuer. Issuing new currency, rather than collecting taxes paid out of
the existing money stock, is then considered in effect a tax that falls on those
who hold the existing currency.[4] Inflation of the money supply in the long
run may cause—and, all other things being equal, will cause—a general rise in
prices due to the reduced purchasing power of the currency.
This is one reason
offered in support of free
banking, a gold
or silver standard,
or at a minimum the reduction of political control over central banks. The
latter could then take as their primary objective ensuring a stable value of
currency by controlling monetary expansion and thus limiting inflation.
Independence from government is required to reach this aim – indeed, it is well
known in economic literature that governments face a conflict of interest in
this regard[citation needed]. In fact, "hard money"
advocates argue that central banks have utterly failed to obtain the objective
of a stable currency. Under the gold standard, for example, the price level in
both England and the US remained relatively stable over hundreds of years,
though with some protracted periods of deflation[citation needed]. Since the US Federal Reserve
was formed in 1913, however, the US dollar has fallen to barely a twentieth of
its former value through the consistently inflationary policies of the bank.
Economists counter that deflation is hard to control once it sets in and its
effects are much more damaging than modest, consistent inflation.
Banks or governments
relying heavily on seigniorage and fractional
reserve sources of revenue can find it counterproductive.[5] Rational
expectations of inflation take into account a bank's seigniorage strategy,
and inflationary expectations can maintain high inflation. Instead of accruing
seigniorage from fiat money
and credit, most governments opt to raise revenue primarily through formal taxation and other means.
Inflation tax benefits to governments
In the book Inflation Tax: The Plan To Deal With The Debts,[6] there are suggested to be a number
of ways in which governments gain benefits directly or indirectly from
inflation i.e.
- Decreased debt burden (the primary benefit; only occurs if inflation is unexpected)
- Increased personal tax revenue
- Extra revenue from saving account interest tax
- Increased revenue from business taxation
- Relatively lower public expenditure
- Taxing people who don't vote (e.g., foreigners)
- Helping to reduce the burden of other debtors (e.g. mortgage holders and banks; only occurs if inflation is unexpected)
- Making GDP appear higher.
It has been argued
that inflation has been used by successive governments since 1945 as a tool to
manage their debts.[7]
As an
historical aside ,prior to 1933, the income transfer to the U.S.Treasury
was effected as a franchise tax based on a provision of Section
7 of the Federal
Reserve Act. This provision was repealed in 1933 to permit Reserve Banks to
restore their surplus accounts, after they
Had
been cut to one-half by the enforced subscription to the Federal Deposit Insurance Corporation,
founded in1933.
NOTE: In the United States the Treasury's interest
payments to the Federal Reserve typically exceed the Treasury's income received
as
"interest on Federal Reserve notes"
1 Timothy 6:10
7For we brought nothing into this world, and
it is certain we can carry nothing out. 8And having food and raiment let us be
therewith content. 9But they that will be rich fall into
temptation and a snare, and into many
foolish and hurtful lusts, which drown men in destruction and perdition. 10For
the love of money is the root of all evil: which while some coveted after, they
have erred from the faith, and pierced themselves through with many sorrows. 11But thou, O man of God, flee these
things; and follow after righteousness, godliness, faith, love, patience,
meekness. 12Fight the good fight of faith, lay
hold on eternal life, whereunto thou art also called, and hast professed a good
profession before many witnesses. 13I give thee charge in the sight of
God, who quickeneth all things, and before
Christ Jesus, who before Pontius Pilate witnessed a good confession;
Early federal income taxes
The first income tax
suggested in the United States was during the War of 1812. The idea for the tax
was based on the British Tax Act of 1798. The British tax law applied
progressive rates to income. The British tax rates ranged from 0.833% on income
starting at £60 to 10% on income above £200. The tax proposal was developed in
1814. Because the treaty of Ghent was signed in 1815, ending hostilities and
the need for additional revenue, the tax was never imposed in the United
States.
In order to help pay
for its war effort in the American Civil War, Congress imposed its first
personal income tax in 1861. It was part of the Revenue Act of 1861 (3% of all
incomes over US $800). This tax was
repealed and replaced by another income tax in 1862.
In 1894, Democrats
in Congress passed the Wilson-Gorman tariff, which imposed the first peacetime
income tax. The rate was 2% on income over $4000, which meant fewer than 10% of
households would pay any. The purpose of the income tax was to make up for revenue
that would be lost by tariff reductions.
In 1895 the United
States Supreme Court, in its ruling in Pollock v. Farmers' Loan & Trust
Co., held a tax based on receipts from the use of property to be
unconstitutional. The Court held that taxes on rents from real estate, on
interest income from personal property and other income from personal property
(which includes dividend income) were treated as direct taxes on property, and
therefore had to be apportioned (divided among the states based on their
populations). Since apportionment of income taxes is impractical, this had the
effect of prohibiting a federal tax on income from property.
However, the Court affirmed that the Constitution did
not deny Congress the power to impose a tax on real and personal property, and
it affirmed that such would be a direct tax. Due to the political
difficulties of taxing individual wages without taxing income from property, a
federal income tax was impractical from the time of the Pollock decision until
the time of ratification of the Sixteenth Amendment
The Payne–Aldrich Tariff Act of 1909 (ch. 6, 36
Stat. 11), named for Representative Sereno E.
Payne (R–NY) and Senator Nelson W.
Aldrich (R–RI), began in the United States House of Representatives as a
bill raising certain tariffs on goods entering the United States.
( Let us not forget the Aldrich Role in
creating the Federal Reserve Act aka the Owen-Glass Act which was the same Aldrich–Vreeland Act. Again we see the same
treasonous players )
NELSON ALDRICH
Ratification of the Sixteenth Amendment 1909
Main article: Sixteenth Amendment to the United States
Constitution
Amendment XVI in the National Archives
The Congress
shall have power to lay and collect taxes on incomes, from whatever source
derived, without apportionment among the several States, and without regard to
any census or enumeration.
FEDERAL INCOME TAX TREASONOUS LAW SIGNED INTO EFFECT
SIXTY-THIRD CONGRESS.SEES. I.CHs. 15, 16. 1913
.
Approved, September 30, 1913
October 3, 1913
CHAP. 16.-An Act To reduce tariff duties and to
provide revenue for the [H. R. 3321.) Government, and for other
purposes.[Public, No. 16.} Be it enacted by the Senate and House of
Representatives of the Tinted Tariff of 1913.
Duties on imports
This document is 90 pages long with tariffs noted for
every item imaginable. Tariffs were lowered but to "generate revenue"
for the Federal Government and for "other purposes" a tax targeting
every individual was signed into law illegally under SECTION II.
Nehemiah
5:5 King James Holy Scriptures
Yet now our
flesh is as the flesh of our brethren, our children as their children: and, lo,
we bring into bondage our sons and our daughters to be servants, and some of
our daughters are brought unto bondage already: neither is it in our power to
redeem them; for other men have our lands and vineyards.
Nehemiah 9:17
King James Holy Scriptures
And refused to
obey, neither were mindful of thy wonders that thou didst among them; but
hardened their necks, and in their rebellion appointed a captain to return to
their bondage: but thou art a God ready to pardon, gracious and merciful, slow
to anger, and of great kindness, and forsookest them not.
Acts 7:7 King
James Holy Scriptures
And the
nation to whom they shall be in bondage will I judge, said God: and after that
shall they come forth, and serve me in this place.
ECONOMIC INCREASES - BONDAGE IS COSTLY FOR AMERICAN
CITIZENS
The
United States Revenue Act of 1942, Pub. L. 753, Ch. 619, 56 Stat. 798 (Oct. 21,
1942), increased individual income tax rates, increased corporate tax rates
(top rate rose from 31% to 40%), and reduced the personal exemption amount from
$1,500 to $1,200 (married couples). The exemption amount for each dependent was
reduced from $400 to $350.
A 5%
Victory tax on all individual incomes over $624 was created, with postwar
credit.
The
35-60% graduated rate schedule for excess profits tax was replaced with a flat
90% rate.
The Act
also created deductions for medical expenses.
Section
121 of the Revenue Act of 1942 enacted section 23(a)(2) of the Internal Revenue
Code of 1939. That provision, effective retroactively for tax years that began
after December 31, 1938, allowed a deduction, for U.S. federal income tax
purposes, for expenses incurred in investment activities (activities for the
production of income), even if such activities are not conducted in connection
with a trade or business.[2] The current version of section 23(a)(2) in section
212 of the Internal Revenue Code of 1986.
The Individual Income Tax Act of 1944, Pub. L. No.
315, Ch. 210, 58 Stat. 231 (May 29, 1944), raised individual income tax rates
in the United States[1] and repealed the 3%Victory Tax.
The Act
also amended section 22 of the Internal Revenue Code of 1939 to provide a
definition for "adjusted gross income".
It
standardized the value of personal exemptions at $500 per person for those with
adjusted gross income of $5,000 or more.
The
provisions of the Act were generally effective for tax years that began after
December 31, 1943.
The Legislation of
the Federal Reserve Banking System and the Federal Reserve Act were the beginning of bondage and loss of Liberty of
the American People as a Nation. At that time the People of America had no idea
what was happening in the District of Columbia. The People of America were sold
into bondage for thirty pieces of silver as certainly as Christ Himself had
been sold for thirty pieces of silver. The People in 1913 were innocent. Today
we cannot claim innocence. Neither can we claim ignorance. The truth today is
at our fingertips with technology.`
2 Peter 2:19
King James Holy Scriptures
While they
promise them liberty, they themselves are the servants of corruption: for of
whom a man is overcome, of the same is he brought in bondage.
THE GOLD CONFISCATION ACT
Executive Order 6102
Executive Order 6102 is an Executive Order signed on
April 5, 1933 by U.S. President Franklin D. Roosevelt
"forbidding the Hoarding of Gold Coin, Gold
Bullion, and Gold Certificates" by U.S. citizens
FORCED TO HAND OVER ALL THE GOLD TO THE FEDERAL
RESERVE THE ROTHCHILDS PRIVATE BANKING SYSTEM
Executive Order 6102
required U.S. citizens to deliver on or before May 1, 1933 all but a small
amount of gold coin, gold bullion, and gold certificates owned by them to the
Federal Reserve, in exchange for $20.67 per troy ounce. Under the Trading With
the Enemy Act of October 6, 1917, as amended on March 9, 1933, violation of the
order was punishable by fine up to $10,000 ($167,700 if adjusted for inflation
as of 2010) or up to ten years
in prison, or both.
Most citizens who owned large amounts of gold had it transferred to countries
such as Switzerland.
Order 6102
specifically exempted "customary use in industry, profession or
art"—a provision that covered artists, jewelers, dentists, and sign makers
among others. The order further permitted any person to own up to $100 in gold
coins ($1,677 if adjusted for inflation as of 2010; a face value equivalent to
5 troy ounces (160 g) of Gold valued at about $6200 as of 2010). The same
paragraph also exempted "gold coins having recognized special value to
collectors of rare and unusual coins." This protected gold coin
collections from legal seizureand likely melting.
The price of gold from the Treasury for international
transactions was thereafter raised to $35 an ounce ($587 in 2010 dollars). The
resulting profit that the government realized nded the Exchange Stabilization
Fund established by the Gold Reserve Act in 1934.
The regulations prescribed within Executive Order 6102
were modified by Executive Order 6111 of April 20, 1933, both of which were
ultimately revoked and superseded by Executive Orders 6260 and 6261 of August
28 and 29, 1933, respectively
Invalidation and reissue
There was only one
prosecution under the order, and in that case the order was ruled invalid by
federal judge John M. Woolsey, on the technical grounds that the order was
signed by the President, not the Secretary of the Treasury as required. The
circumstances of the case were that a New York attorney, Frederick Barber
Campbell had on deposit at Chase National over 5,000 troy ounces (160 kg) of
gold. When Campbell attempted to withdraw the gold Chase refused and Campbell
sued Chase. A federal prosecutor then indicted Campbell on the following day
(September 27, 1933) for failing to surrender his gold. Ultimately the
prosecution of Campbell failed but the authority
of federal government to seize gold was upheld.
The case forced the
Roosevelt administration to issue a new order under the signature of the
Secretary of the Treasury, Henry Morgenthau, Jr.,
which was in force for a few months until the passage of the Gold Reserve Act
on January 30, 1934.
Abrogation and subsequent events
The
Gold Reserve Act of 1934 made gold clauses unenforceable, and changed the value
of the dollar in gold from $20.67 to $35 per ounce. This price remained in
effect until August 15, 1971 when President Richard Nixon announced that the
United States would no longer convert dollars to gold at a fixed value, thus
abandoning the gold standard for foreign exchange (see Nixon Shock). ( NO DOUBT WE HAD NO MORE GOLD BY
THEN )
The limitation on
gold ownership in the U.S. was repealed after President Gerald Ford signed a
bill legalizing private ownership of gold coins, bars and certificates by an
act of Congress codified in Pub.L. 93-373[4][5] which went into effect December
31, 1974. P.L. 93-373 did not repeal the Gold Repeal Joint Resolution, which
made unlawful any contracts which specified payment in a fixed amount of money
or a fixed amount of gold That is, contracts remained unenforceable if they
used gold monetarily rather than as a commodity of trade.
However, Act of Oct.
28, 1977, Pub. L. No. 95-147, § 4(c), 91 Stat. 1227, 1229 (originally codified
at 31 U.S.C. § 463 note, recodified as amended at 31 U.S.C. § 5118(d)(2))
amended the 1933 Joint Resolution and made it clear that parties could again
include so-called gold clauses in contracts formed after 1977.
Full Text of
Executive Order 6102
We at WatchmansWarning have made known some of the
background of the sordid history of events that have had a detrimental affect
on the American People. Today we face greater dangers as the acts of treason
against the American People continue to be legislated by the most corrupt
environment in America and that is the District of Columbia who have never
served the interests of America and that treason continues to the current
administration for the year 2018. There is a bolshevik revolution planned against
the American People according to the imposter people's sacred Babylonian Talmud
which has been covered in past issues of WatchmansWarning. As we watch we see
America literally exploding with the Sodomite Religion ( It is a religion and
we will cover that at a later date ) in the state Education System which serves
to do nothing more than brainwash children at the earliest age possible even
into preschool. We see the corrupt Political spectrum as we watch the planned
invasion of America. We see the UN diversity plan playing out now as we
continue to be invaded by hordes of people's from other nations, we see the
destruction of America as we are sold for thirty pieces of silver to a nation
created in 1948. A people that have no country. We see the worship of a people
as a chosen nation that are nothing more than an imposter race with no claims
genetically to the Middle East. We see our Military Sons and now our daughters
fighting and dying across the world for an invisible enemy a manufactured
"War on Terror" We see an economy that is controlled by a very few
and enforced by those who are in congress, the senate, the house and the so
called presidency…..controlled by those that have always used invasion,
starvation, torture and murder as a means of genocide on the White Nations. The
German Russian Christians and the Bolshevik Revolution, The funding by this
same banking system funded the Bolshevik Revolution, The Mao Tse Tsung murder
of Chinese Christians, The Holodomor man made famine that claimed the lives of
over 66 million European People. We watch and we warn because that is what our
Lord and Savior Jesus Christ has instructed us to do. If you do not listen than
you have only yourselves to blame because the war is here.
Strong's Concordance
skopos: a watchman, a mark (on which to fix the eye)
Original Word: σκοπός, οῦ, ὁ
Part of Speech: Noun, Masculine
Transliteration: skopos
Phonetic Spelling: (skop-os')
Definition: a watchman, a mark (on which to fix the
eye)
Usage: a watcher
4649 skopós (the root of the English term,
"scope," like the zoom-scope on a rifle to hit the target) –
properly, the "end-marker" of a foot-race; (figuratively) the final
objective (destination) in the faith-life, i.e. the unique glorification the
Lord awards to each believer at His return (cf. Phil 3:11,14). 4649 /skopós
("end-marker") is only used in Phil 3:14.
[4649 (skopós) represents the "end-marker"
("goal") in the race of faith (so TDNT/Kittel.]
; a goal, a mark aimed at.
WARN : STRONGS CONCORDANCE
zahar: admonish
Original Word: זָהַר
Part of Speech: Verb
Transliteration: zahar
Phonetic Spelling: (zaw-har')
Definition: to be light or shining
admonish, shine, teach, give warning
A primitive root; to gleam; figuratively, to enlighten
(by caution) -- admonish, shine, teach, (give) warn(-ing).
EZEKIEL 33: 1-7 HOLY KING JAMES SCRIPTURES
1 Again the word of the LORD came unto me, saying,
2 Son of man, speak to the children of thy people, and
say unto them, When I bring the sword upon a land, if the people of the land
take a man of their coasts, and set him for their watchman:
3 If when he seeth the sword come upon the land, he
blow the trumpet, and warn the people;
4 Then whosoever heareth the sound of the trumpet, and
taketh not warning; if the sword come, and take him away, his blood shall be
upon his own head.
5 He heard the sound of the trumpet, and took not
warning; his blood shall be upon him. But he that taketh warning shall deliver
his soul.
6 But if the watchman see the sword come, and blow not
the trumpet, and the people be not warned; if the sword come, and take any
person from among them, he is taken away in his iniquity; but his blood will I
require at the watchman's hand.
7 So thou, O son of man, I have set thee a watchman
unto the house of Israel; therefore thou shalt hear the word at my mouth, and
warn them from me.
AGENDA 2030 IS NOT A CONSPIRACY-IT IS AN EVIL PLAN
THAT WILL NOT COME TO FRUITION
Isaiah 40:28-31 Holy King James Scriptures
28 Hast thou not known? hast thou not heard, that the
everlasting God, the LORD, the Creator of the ends of the earth, fainteth not,
neither is weary? there is no searching of his understanding. 29 He giveth
power to the faint; and to them that have no might he increaseth strength. 30
Even the youths shall faint and be weary, and the young men shall utterly fall:
31 But they that wait upon the LORD shall renew their strength; they shall
mount up with wings as eagles; they shall run, and not be weary; and they shall
walk, and not faint.
EPHESIANS 6:10-19
10 Finally, my brethren, be strong in the Lord, and in
the power of his might.
11 Put on the whole armour of God, that ye may be able
to stand against the wiles of the devil.
12 For we wrestle not against flesh and blood, but
against principalities, against powers, against the rulers of the darkness of
this world, against spiritual wickedness in high places.
13 Wherefore take unto you the whole armour of God,
that ye may be able to withstand in the evil day, and having done all, to
stand.
14 Stand therefore, having your loins girt about with
truth, and having on the breastplate of righteousness;
15 And your feet shod with the preparation of the
gospel of peace;
16 Above all, taking the shield of faith, wherewith ye
shall be able to quench all the fiery darts of the wicked.
17 And take the helmet of salvation, and the sword of
the Spirit, which is the word of God:
18 Praying always with all prayer and supplication in
the Spirit, and watching thereunto with all perseverance and supplication for
all saints;
19 And for me, that utterance may be given unto me,
that I may open my mouth boldly, to make known the mystery of the gospel,
THE FOUR HORNS OF POWER
Strong's Concordance
tessares: four
Original Word: τέσσαρες, τέσσαρα
Part of Speech: Adjective
Transliteration: tessares
Phonetic Spelling: (tes'-sar-es)
Definition: four
Usage: four.
HELPS Word-studies
5064 téssares – four, which sometimes also symbolizes
universality ("total coverage, inclusion").
Strong's Concordance
keras: a horn
Original Word: κέρας, ατος, τό
Part of Speech: Noun, Neuter
Transliteration: keras
Phonetic Spelling: (ker'-as)
Definition: a horn
Usage: (a) a horn, (b) a horn-like projection at the
corner of an altar, (c) a horn as a symbol of power.
HELPS Word-studies
2768 kéras– properly, an animal horn; (figuratively) an instrument of power, i.e. that
overcomes by displaying overpowering strength.
What are these universal powers spoken of in the King
James Holy Scriptures?
What entities have total control over the life of
every single individual and all are branches controlled by their governments.
In America this would be the District of Columbia. So I will focus on America.
- Political
- Economic
- Religion
- Education
A brief accepted definition of the four arenas that
have become the most insidious and dangerous threat to the People of America.
POLITICAL:
1a : of or relating
to government, a government, or the conduct of government
b : of, relating to,
or concerned with the making as distinguished from the administration of
governmental policy
2 : of, relating to,
involving, or involved in politics and especially party politics
3 : organized in
governmental terms political units
4 : involving or
charged or concerned with acts against a government or a political system
political prisoners
ECONOMICS:
1a : a social
science concerned chiefly with description and analysis of the production,
distribution, and consumption of goods and services
b : economic theory,
principles, or practices
RELIGION:
(1) : the service
and worship of God or the supernatural
(2) : commitment or
devotion to religious faith or observance
2 : a personal set
or institutionalized system of religious attitudes, beliefs, and practices
3: archaic :
scrupulous conformity : conscientiousness
EDUCATION:
1.The act or process of educating or being
educated.
2.
The knowledge or skill obtained or developed by a learning process.
3. A
program of instruction of a specified kind or level: driver education; a
college education.
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