To understand the big picture about the “Fed”, we need to go back to the beginning. And while the precursor to the scam started well before the Act of 1871 was “enacted”, I believe it is safe to say that the plan was solidified in 1886 when the island (named after Sir Joseph Jekyll) was purchased by the Jekyll Island Club.
It became a resort for its wealthy members like Joseph Pulitzer, William Rockefeller, JP Morgan, William K. Vanderbilt, and Marshall Field. There were only one hundred shares available in this club. And each member was required to buy two shares. So, the “Club” was exclusive.
Now we jump forward to 1910 where the secret meeting took place. On November 10, 1910, Nelson Aldridge, A Piatt Andres, henry Davidson, Arthur Sheldon, Frank Vanderlip, and Paul Warburg met at The Jekyll Island Club to put in place the plan that would reform the nation’s banking system. When I say banking system, I mean the Federal Reserve. All the men at the meeting had ties to Wall Street. And so, the scheme took shape.
The meeting came to an end when the men developed a plan for a Reserve Association of America. This would become a single central bank with fifteen branches across the country. Each bank would be governed by a board of directors. They would be elected by the member banks in each district. The larger banks would get more votes. The branches would be responsible for the following:
- Holding reserves for member banks
- Issuing currency
- Discounting commercial paper
- Transferring balances between branches
- Check clearing and collection
The national body would set discount rates for the system as a whole and buy and sell securities.
In 1911 Aldrich presented the plan to the National Monetary Commission without telling them how the plan came together. One year later a final report went to Congress and was presented with minor changes one of which was the name of the institution. National Reserve Association.
There were objections from members of the Commission. They stated that larger banks would have more influence on central bank leadership. The plan was tabled temporarily when Woodrow Wilson was elected.
The key to the plan fell on Col. Edward Mandell House who met with Warburg and leaders of the Democratic Party who were interested in reforming the banking system. They proposed draft legislation (supported by Woodrow Wilson with Warburg consulting), which was sent in a memorandum to Woodrow Wilson. On January 10, 1913. The final bill known as the Federal Reserve Act was passed by Congress on December 23, 1913, and signed by Woodrow Wilson.
Something to consider when it comes to E.M. House
- Helped pick the charter members of the original Federal Reserve Board
- He was a friend of the Klu Klux Klan
- He helped make 4 men governor of Texas (James Hogg, Charles Culberson, Joseph Sayers, and S. W.T. Lanham. He acted as unofficial advisor to each. James Hogg gave House the title “Colonel”. House was not in the military.
- He controlled the country by being the “kingmaker” so-to-speak
- He established a secret society in America – Inspired by the Round Table Society – Council on Foreign Relations
- He was a member of the secret society of Cecil Rhodes Round Table Group whose pet projects were; graduated income tax, a central bank, the creation of the CIA, and the League of Nations
- The Round Table group would take control of the bank -controlling money. They controlled the State Department – so formulated government policies. They controlled the people by having the government tax people, and deposit their money in central banks.They controlled the CIA
Edward Mandell House told Woodrow Wilson in private, “[Very] soon, every American will be required to register their biological property in a national system designed to keep track of the people and that will operate under the ancient system of pledging. By such methodology, we can compel people to submit to our agenda, which will effect our security as a chargeback for our fiat paper currency [that is, money that isn’t backed by any precious metals, such as gold or silver, and thus susceptible to elasticity, or in other words money that can be artificially controlled in order to create inflationary, or depressionary states in any country’s economy] Every American will be forced to register or suffer being unable to work and earn a living. They will be our chattel, and we will hold the security interest over them forever, by operation of the law merchant under the scheme of secured transactions. Americans, by unknowingly or unwittingly delivering the bills of lading to us will be rendered bankrupt and insolvent, forever to remain economic slaves through taxation, secured by their pledges. They will be stripped of their rights and given a commercial value designed to make us a profit and they will be none the wiser, for not one man in a million could ever figure our plans and, if by accident one or two should figure it out, we have in our arsenal plausible deniability.
After all, this is the only logical way to fund government, by floating liens and debt to the registrants in the form of benefits and privileges. This will inevitably reap to us huge profits beyond our wildest expectations and leave every American a contributor to this fraud which we will call “Social Insurance.” Without realizing it, every American will insure us for any loss we may incur and in this manner, every American will unknowingly be our servant, however begrudgingly. The people will become helpless and without any hope for their redemption and, we will employ the high office of the President of our dummy corporation to foment this plot against America.”
In case you haven’t figured it out yet, The Federal Reserve is not part of the united States of America. They are a private bank. They print fiat dollars that don’t discharge debt. They tender it to a later date.
You can learn the real history of the Federal Reserve in the video below.
There is much to learn about the corrupt private bank called the Federal Reserve. I could go on all day about the agenda of the family behind it. The global elite have controlled our world for hundreds, maybe thousands of years. While I could go on sharing information about this group, I will end the post with this statement.
Their time has come and gone. It is now time for the Republic to return. It’s time for We The People to take back our God given rights.
Who’s with me?
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