BANKING

“Banking is conceived in inequity and born in sin.  Bankers own the Earth.  Take the Earth away from them, but leave them the power to create money and control credit and with the flick of a pen, they will create enough money to buy it back again.  Take this great power away from the bankers and all great fortunes like mine will disappear and they ought to disappear, for this would then be a better and happier world to live in”. Director of the bank of England in the 1920’s Sir Josiah Stamp

We like to assume that banks are safe deposits for our money.  We do not doubt their safety and we only hesitate to let banks have our money if we are not certain that we acquired the money legally.  “As safe as the bank of England” is universally taken to be the truth. When we borrow money from the bank, we imagine the money we borrow already exists and we are, for a time, allowed to have use of some of the money entrusted to the bank by others.  We expect to pay a fee for this favour and we call that “paying interest”.  It has never occurred to anyone, that this is not the truth.  The banks have long since lent all the money entrusted to their care and must create new money and issue it as credit, in order for you to be able to borrow it.  There is the truth that you are not permitted to know and that is banking.  We are ruled by secrecy.  Although I have it in writing from the  Government that new money is created and issued by private banks as credit, I have never seen this mentioned in the Press or by the media.

It is kept a secret. But in the Vancouver Sun of May 2 1934 “Abraham Lincoln was assassinated through the machinations of a group representative of the international bankers, who feared the United States President’s national credit ambitions......There was only one group in the world at that time who had any reason to desire the death of Lincoln..... they were the men opposed to his national currency programme and who had fought him throughout the whole Civil War on his policy of Greenback currency”.

“The modern banking system manufactures money out of nothing.  The process is perhaps the most astounding piece of sleight of hand that was ever invented.  If you want to be slaves to the banks and pay the cost of your own slavery, then let the banks create money”. Lord Stamp, former director of the bank of England

Amschel Rothschild, the most successful banker who has ever lived, told us that whoever creates and issues our money has supreme power over us. 

In 1913 President Wilson approved the Federal Reserve Act, concentrating control of America’s money into the hands of the few men who dominate this private corporation. The Federal Reserve Bank of America.

A few years later he stated:

“1 am a most unhappy man. I have unwittingly ruined my country.  A great industrial nation is controlled by its system of credit. Our system of credit is concentrated.  The growth of the Nation and therefore all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilised world, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men”

Private Banks now have a monopoly on the creation of new money.  Banks issue new money as credit.  We have to “borrow” new money into existence.  We connive, condone and contribute to the creation of new money on a bypass of the Government.  We assist in the forging or counterfeiting of money when we accept credit as a loan of money. Counterfeit means Imitation with intent to deceive.  Credit is used as an imitation of money, intended to deceive us into believing that we are borrowing real money.

“If the American people ever allow private banks to control the issue of their currency, the banks will deprive the people of all property and 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.

All that needs to be done is to restore to Government the sole right to create new money. The Government can create money as the banks now do, and record its existence as a computer entry. The Government can then use the new money by spending it on some of the items now being paid for by the tax payer.

Monetary reform will give the Government a new source of money enabling the Government to reduce taxation. Too good to be true? So be it!