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2


The Bondage

Of The 30’s


Globalization prospers when the working class benefits, and when they do not, empires historically and predictably fall like waves upon the shore. Placing the working class’s benefits [human services] on the competitive global market inevitably drives the work force back into bondage. But to better understand how this great nation ever returned to this tragic state, one needs to carefully analyze what took place before, during, and after “The Great Depression” of the 30s. For example: The 1907 Bankers' Panic was a financial crisis in the United States. The stock market fell nearly 50% from its peak in 1906, the economy was in recession, and there were numerous runs on banks and trust companies. Its primary cause was a retraction of loans by some banks that began in New York and soon spread across the nation, leading to the closings of banks and businesses. This 1907 panic forced Congress to appoint a “National Monetary Commission.” This was accomplished under the leadership of Senator Nelson Aldrich, who was the father-in-law of John D. Rockefeller, Jr. Although Article I, Section 8, of the U.S. Constitution granted the Congress the power to coin money and regulate its value, this secretive and perhaps illegally created Commission clandestinely recommended the creation of a privately owned “Central Bank,” in 1913.


Senator Charles Lindbergh, Sr., said:


“This act establishes the most gigantic trust on earth...the invisible government by the money power, proven to exist by the Money Trust investigation . . . “(1)


The House Committee on Banking and Currency Chairman, Congressman Louis McFadden, said:


“When the Federal Reserve Act was passed, the people of these United States did not perceive that a world banking system was being set up here. A super-state controlled by international bankers and industrialists...acting together to enslave the world...Every effort has been made by the Fed to conceal its powers but the truth is--the Fed has usurped the government.” (2)


Even today, the working class really does not fully understand that the Federal Reserve Bank [System] is privately owned and is not subject to oversight by either the Congress or the President. Lending money is how these powerful privately owned international banks make their huge profits, and since these banks establish their own policies and own the majority stock in the Federal Reserve System, the working class has essentially relinquished their tax dollars and their interest income to these privately held Federal and commercial banks. These wealthy family stock holders included the powerful J.P. Morgan; Carnegie; Rothschild; Lazard; Seiff; Loeb; and Sachs families; as well as the always present and powerful “Overlord,” John D. Rockefeller, Jr. [All listed in greater detail by Peter Kershaw, in “Economic Solutions”]

According to Devvy Kidd, in “Why A Bankrupt America?”


“The Federal Reserve pays the Bureau of Engraving and Printing approximately $23 for each 1,000 notes printed. 10,000 $100 notes (one million dollars) would thus cost the Federal Reserve $230. They then secure a pledge of collateral equal to the face value from the U.S. government. The collateral is our land, labor, and assets... collected by their agents, the IRS. By authorizing the Fed to regulate and create money (and thus inflation), Congress gave private banks power to create profits at will.” (3)


Senator Charles Lindbergh, Sr. said:


“The new law will create inflation whenever the trusts want inflation...they can unload the stocks on the people at high prices during the excitement and then bring on a panic and buy them back at low prices...the day of reckoning is only a few years removed.” (4)


And that day came in 1929, with the stock market crash and The Great Depression.

Bernard Baruch, also one of these wealthy bankers, was assigned to indoctrinate Woodrow Wilson at the Democratic Party headquarters in 1912, advising him before he became President on the importance of supporting this proposed Federal Reserve Act and this country’s first income tax, which occurred just after the Supreme Court of the United States held that Standard Oil was an illegal monopoly, in 1911. This is when John D. Rockefeller, Sr. left the management of Standard Oil to set up and manage his tax evasion foundations. [Rockefeller’s foundations currently are estimated to exceed more than 200 in number]

Then in 1913, Wilson was elected President after beating the former incumbent William Howard Taft, who was vehemently opposed to any privately owned central bank. Wilson’s guardian of the Federal Reserve Act was Colonel Edward M. House, who helped guide this Act through Congress. Colonel House had said the constitution was a product of:


“... eighteenth-century minds...was thoroughly outdated; that the country would be better off if the Constitution could be scrapped and rewritten ...”(5)


Coincidentally, World War I began in 1914, and as with all wars, it produced a large national debt and huge profits for this newly created oligarchy of private bankers. Baruch, the head of the War Industries Board; the Rockefellers; Cleveland Dodge, who sold munitions to the allies, the Rothschild’s, and J.P. Morgan who loaned hundreds of millions to subsidize the war, all benefited enormously with the U.S. entry into this world wide conflict. And just as planned by these multinational banks, the national debt suddenly went from $1 billion to $25 billion. Both Baruch and Rockefeller were reported to have earned more than $200 million in interest alone during World War I, all described in great detail in an article by William Blasé entitled “The Council on Foreign Relations (CFR) And The New World Order.”

William Hoar reveals in “Architects of Conspiracy” that during the 1950s, government investigators examining the early records of the Carnegie Endowment for International Peace found that the Carnegie trustees had actually planned to involve the U.S. in World War I, to set the stage for a world government under a global international banking system. Their main obstacle however, was the working class did not want war at that time, so they needed some type of provocation. This occurred when the Lusitania, carrying 128 Americans was sunk, resulting in considerable anti-German sentiment. What was not revealed at the time, however, was that the Lusitania was transporting war munitions to England, making it a legitimate target for the German subs. A last-minute add in a New York newspaper had actually discouraged passengers from buying tickets for that trip - and the majority of evidence pointed to a deliberate plan to have the ship sunk. German naval codes had been broken by the British, who knew approximately where the German U-boats were located. And according to Colin Simpson, in his book “The Lusitania,” Commander Joseph Kenworthy, of British Naval Intelligence, said:


“The Lusitania was deliberately sent at considerably reduced speed into an area where a U-boat was known to be waiting...escorts withdrawn.” (6)


As a result, America found itself involved in a European war. In fact, Colonel House had committed the U.S. to this conflict much earlier, and the working class actually had very little to say in the matter.

At that time, point fourteen of Wilson’s famous “fourteen points;” described the “general association of nations” recommending a One World Government, which was then the League of Nations. However, the League of Nations failed, and Pat Robertson, in “The New World Order,” states that Colonel House, along with other internationalists, finally realized that the people would not support any scheme for a world government. As a result, following World War I, it was secretly decided that two branches of a privately owned “Institute of International Affairs,” would be formed - one in the United States and one in England. Therefore The Council on Foreign Relations (CFR) was incorporated as the American branch in New York on July 29, 1921. According to Gary Allen, in the October 1972 issue of “AMERICAN OPINION.” The privately selected founding members included Colonel House, and:


“... such potentates of international banking as J.P. Morgan, John D. Rockefeller, Paul Warburg, Otto Kahn, and Jacob Schiff...the same clique that had engineered the establishment of the Federal Reserve System,” (7)


The CFR founding president was John W. Davis, J.P. Morgan’s personal attorney, while the vice-president was J.P. Cravath, who also represented the Morgan interests.


Professor Carroll Quigley characterized the CFR as:


“...a front group for J.P. Morgan and Company in association with the very small American Round Table Group.” (8)


Later, the Morgan influence was transferred to the Rockefeller’s monopoly, who found that One World Government (OWG) better fit Rockefeller’s stated business philosophy of “Competition is Sin.” Antony Sutton, a research fellow for the Hoover Institution for War, Revolution, and Peace - at Stanford University, wrote of this philosophy:


“While monopoly control of industries was once the objective of J.P. Morgan and J.D. Rockefeller the most efficient way to gain an unchallenged monopoly was to ‘go political’ and make society [The working class] go to work for the monopolists-- under the name of the public good and the public interest.” (9)


As a result, these powerful consulting groups soon began to politically influence and replace our duly appointed representatives. And as the Money Baron’s large privately owned corporations went international, they soon realized they needed a one world system for greater control. And although this had been their plan since the time of Colonel House, they first had to weaken the U.S. politically and economically if they were to ever gain total control. When the stock market crashed in 1929, many small investors were ruined, but not the Money Barons - they got out of the market according to Allen and Abraham’s book, “None Dare Call it Conspiracy,” with their fortunes intact. And as a result, the Money Barons bought companies for a fraction of their worth, as once again their wealth increased by dimensions.

Louis McFadden, Chairman of the House Banking Committee declared:


“It was not accidental. It was a carefully contrived occurrence...The international bankers sought to bring about a condition of despair here so that they might emerge as rulers of us all.” (10)


There is much more to say about this contrived depression and the Money Baron’s plans to take over our federal government, but after having forced the working class back into bondage, they now were required to help the next president prevent a total collapse of our government. Fortunately, in November 1932, in the midst of the depression, this nation was blessed with a truly unbiased leader named Franklin Delano Roosevelt (FDR), who was appointed to the Presidency for his first of four terms. Clearly FDR was a leader who helped the working class to regain their faith in themselves. He was a man that was capable of demonstrating indomitable courage for others because he had previously been stricken with crippling poliomyelitis in the summer of 1921 at the age of 39, never regaining the use of his legs. Having fought endlessly and hopelessly to try and walk, he was certainly qualified to extend compassion to others, a characteristic that perhaps overshadowed the wealthy banking aristocracy he was raised in. Following his affliction, he frequently traveled to Warm Springs, Georgia, where he swam in the natural therapeutic hot springs and visited with others that were being treated for similar disabilities. In fact, few people even realized FDR was disabled, because he seldom appeared in public in his wheel chair. Prior to his Presidency, he’d dramatically stood with crutches at the 1924 Democratic Convention to nominate Alfred E. Smith, because he didn’t want the public to see he was disabled. Later, when he became President, FDR brought hope in his first Inaugural Address when he famously asserted:


“the only thing we have to fear is fear itself.” (11) [In direct opposition to today where fear is used as a political tactic to justify an unjust war]


He also promised prompt and vigorous action to correct the problems of “The Great Depression” - and then proceeded to do just that. In his first term, he implemented several federal and state programs, and because the banks had suddenly shut down, people really needed financial help. Almost everyone had lost their savings and it was estimated that some thirteen million people were unemployed. This prompted him to implement programs for businesses and agriculture and relief to the unemployed, along with financial assistance for those in danger of losing their farms or homes to these bankers that were opportunistically waiting in the wings to take over their property when they failed to make a mortgage payment. He also created the badly needed Tennessee Valley Authority where the people were hurting the most, and then responded with the Social Security program, heavier taxes on the wealthy, new standards and controls over banks and public utilities, as well as a major relief program for the unemployed. Conversely, this wealthy oligarchy tried to influence the public by saying FDR was creating nothing more than a socialistic state, and that the Federal Reserve owners could better control our destiny - however, during those hard times, the people were much less cynical about the societal risk of nonprofit community and government programs that were under a democracy of the people. And because of the numerous crises that existed, similar to today, the people inadvertently chose to stop the bankster profiteering and take back their “Government of the People.” In a letter FDR wrote to an associate dated November 21st 1933 he said:


“The real truth of the matter is, as you and I know, that a financial element in the large centers has owned the government ever since the days of Andrew Jackson. (12)”


Then later in a speech in Philadelphia on June 27, 1936, he said:


“Out of this modern civilization, economic royalists carved new dynasties. New kingdoms were built upon concentration of control over material things. Through new uses of corporations, banks and securities, new machinery of industry and agriculture, of labor and capital - all undreamed of by the Fathers - the whole structure of modern life was impressed into this royal service... . These economic royalists complain that we seek to overthrow the institutions of America. What they really complain of is that we seek to take away their power. Our allegiance to American institutions requires the overthrow of this kind of power. In vain they seek to hide behind the flag and the Constitution. In their blindness they forget what the flag and the Constitution stand for.”(13)


But by 1935, most of the bankers and large corporations were openly opposing FDR’s New Deal, and because FDR was forced to abandon the gold standard it was relatively easy for these privately owned banking systems to extend unlimited credit for a second time. In fact, without the gold standard, there was no way to protect one’s savings should any type of inflation occur. Other countries were also forced to float their unregulated currencies, since our global currency was no longer backed by a gold standard. [Fiat money] This meant the dollar would now be regulated by the unstable market forces, which were still totally owned and manipulated by this wealthy Oligarchy. Gold had previously served as one’s protector of property rights, but now this uncontrolled deficit spending had inadvertently opened the door to this new scheme of both creating fiat money while confiscating wealth.

In the late thirties, FDR was also seeking neutrality legislation that would keep the United States out of war during this nation’s recovery from this Great Depression. To accomplish this he pledged the United States to a “good neighbor” policy by modifying the Munroe Doctrine into a plan that promised mutual cooperation against any foreign aggression. Then when France fell to Hitler, and England was under siege in 1940, FDR fulfilled his pledge by first sending England all possible aid, without any military involvement - but after the Japanese attacked Pearl Harbor on December 7, 1941, FDR was forced to enter the global war. During World War II, sixteen million men and women served in this nation’s armed forces, with more than four hundred and fifty thousand American soldiers giving up their lives to protect our freedom. Victory over Europe Day (VE-Day) occurred May 8, 1945, and three months later, on August 6, 1945, a nuclear bomb called “Little Boy” was dropped on Hiroshima. On August 9, 1945 a second nuclear bomb called “Fat Man” was dropped on Nagasaki, both at the direction of then President Harry S. Truman. As a result of these nuclear bombs, the surrender of Japan actually occurred on August 15, 1945, ending World War II - however, the formal Japanese signing of the surrender terms took place on board the battleship USS Missouri in Tokyo Bay on September 2, 1945, with President Truman declaring September 2 to be VJ-Day. By November 20, 1945, the remaining leaders of Hitler’s Third Reich were placed on trial in Nuremberg, Germany. The Nuremberg Trial was conducted by a joint United States-British-French-Soviet military tribunal, with each nation supplying two judges. The four counts in the indictment were:


Count 1 Conspiracy to commit crimes.

Count 2 Crimes against peace, including planning, preparing, starting, or waging aggressive war.

Count 3 War crimes, including violations of laws or customs of war.

Count 4 Crimes against Humanity, including murder, extermination, enslavement, persecution on political or racial grounds, involuntary deportment, and inhumane acts against the civilian population.


These policies still exist under the Geneva Convention, which this nation signed some six times. Yet through our lies about Iraq, we later conspired to take a small nation of only twenty-four million people that were at peace, to war with a super power. Yes, we actually bombed defenseless men, women and children with radioactive material, tortured prisoners, and may well have violated all four of these same counts of indictment. So is there any wonder why Americans have reached this stage of apathy in today’s monopolistic society?

By placing international corporate goals of oil and military bases above consumer interests we’ve inadvertently pitted corporate welfare against social justice to our middle class. The working class clearly understands that an open and competitive market contributes to a healthy global economy, but when powerful international monopolies control both the government and the noncompetitive products and services that were initially established to benefit the work force they inevitably find themselves in direct conflict with these monopolists. This Money Baron buy-off of our politicians and their effort to monopolize the entire world economy has already resulted in an enormous amount of fear and hatred as these ruthless power brokers now skillfully buy off other countries outside our porous borders, just as they have the United States, placing each country’s duly appointed leaders in direct conflict with the people they’re supposed to represent. Perhaps it’s now time to ask ourselves if this is why our dysfunctional leaders inadvertently deceive us when they promise to place our Social Security in a lock box, exclusive of race, disability or creed; when they promise that our tax dollars will protect the borders and improve our education system, which is now under funded in this country by almost $30 billion. Perhaps this is why they inadvertently deceive us when they promise to provide alternative energy, improve the environment, stop global warming, protect our forests and water, and stop air pollution and the threat of poison, germ and nuclear wastes. Yes, they inadvertently, or perhaps sometime knowingly and intentionally deceive us because they’ve become a puppet government of the Money Barons, and therefore have little to do with the management of our once sovereign nation. And on top of all this, we’ve now openly and intentionally deregulated and decentralized our healthcare system, while under funding so many other human services such as our environment, the airline industry, our energy and utility services, our highways, bridges and dams, and our police and fire services. Is there any wonder why Americans are currently stuck between this strange state of Complacency and Apathy? And isn’t it ironic how all our human services are following this same destructive path, with healthcare and our natural oil, gas and gasoline resource leading the way? Isn’t it time for us to understand that a profit oriented monopoly over the entire world market can never be successful in distributing social justice? Yet, these same powerful international czars continue to selfishly and intentionally flatten the United States by outsourcing this nation’s technology and jobs for a profit, which can only have an alarming impact on this country’s economy and its work force. Yes, the United States is clearly confusing its role in protecting human service freedoms and jobs from profit incentive freedoms - and if one would only look over their shoulder, they would soon find that this nation is the only nation, let alone democracy, commercializing all of its vitally important human services solely for the benefit of the upper crust. By briefly reviewing what actually happened with our natural resource of oil over the last one hundred years (See Chapter 8), and our healthcare since 1965 (See Chapter 9), perhaps we can better understand why these human services eventually became unaffordable. It should also be noted that as other countries submit to this monopolistic type of globalization, they will eventually find themselves in direct conflict with their own local businesses, just as we have in the United States. Perhaps our entrepreneurial promotion of free markets; free enterprise; and as little government control and regulation as possible has blinded our legislators as to what a government of the people [a democracy] really is. But eventually this country will need to decide if a human service to our work force [We the People] can ever be placed on the competitive open market and still remain capable of distributing social justice equally to both the haves and the have not’s. For if we are to be totally subjected to globalization under a Kleptocratic monopoly, without a free and open market as well as a protected noncompetitive market, we are all doomed to an industrial dictatorship; a revolution; or the greatest contrived depression this world has ever seen. Numerous books speak to the threat of such an aristocracy taking over of our Democracy, and a few that you may find interesting are:


“The Ascendancy of the Scientific Dictatorship: An Examination of Epistemic Autocracy, From the 19th to the 21st Century” by Paul & Phillip Collins -


The Syndicate: The Story of the Coming World Government” by Nicholas Hagger -


“World revolution: The plot against civilization” by Nesta Helen Webster -


“America’s Secret Establishment: An Introduction to the Order of Skull & Bones” by Antony C. Sutton -


“Secret Societies and Subversive Movements” by Nesta H. Webster


Notes

1 Blase, William. “The Council on Foreign Relations (CFR) and the New World Order.” The Courier. 1995. page 2 http://www.conspiracyarchive.com/NWO/Council_Foreign_Relations.htm


2 Ibid page 3


3 Ibid page 3


4 Ibid page 3


5 Ibid page 4


6 Ibid page 5


7 Ibid page 5


8 Ibid page 5


9 Ibid page 6


10 Ibid page 6


11 www.whitehouse.gov/history/presidents/fr32.html


12 Alexander James, “The Hidden History of Money,” page 46

http://portland.indymedia.org/en/2004/03/282679.shtml


13 Ibid page 46

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