Category Archives: Finance
My letter to Senator Boxer
August 4, 2012
I am curious to know what your position is on the Federal Reserve – a privately held banking institution that conducts its business for the private profit of its private shareholders.
I’m sure that you are well aware that whenever the US Treasury exchanges bonds for Federal Reserve Notes, it does so with the debt of those interest-bearing bonds placed on the backs of the American taxpayer.
Our national debt is soaring out of control because of the debt associated with the creation of Federal Reserve Notes. The Fed also has complete control of the rise and fall of our economy thanks to its completely un-checked power to determine interest rates.
I’m also quite sure that you’re well aware that the Fed flatlined interest rates in 2006 (after a stiff spike that drove people’s variable rate mortgage payments through the roof) and held them steady until enough people defaulted on their mortgages to collapse the banking industry.
Meanwhile, we continue to borrow from the Fed in order to prop up an economy that OWES (to the bankers) MORE IN DEBT THAN IT CAN PRODUCE IN GDP.
As your constituent, I am very curious as to what direct action you are or have been taking in light of this. Or if you plan to do anything at all.
It is commonly said among your constituents and others that Congress is bought off. Do you have any intention of wresting monetary policy from the hands of the bankers who have clearly demonstrated ill will in abusing that power to subjugate We, the People to a vicious cycle of debt creation that WE WILL NEVER BE ABLE TO PAY BACK.
I do hope that your heart is in the right place. The money-issuing power of this nation belongs in the hands of the People – not the banks. Unfortunately, we are currently living in a Plutocracy because we have ceded control of our money supply to the banking class.
Perhaps you can demonstrate that Democracy is not yet completely dead and take action towards what is probably the SINGLE MOST IMPORTANT ISSUE THAT AFFECTS EVERY AMERICAN.
We have to get rid of the Federal Reserve and the Fractional Reserve Lending system that allows banks to create money out of thin air.
With all due respect, I’d like to suggest a pair of documentaries by a brilliant man named Bill Still. They are:
1) “The Money Masters” (older and more detailed)
2) “The Secret of Oz” (shorter, but more current)
Both of the documentaries detail the history of how the central bankers have attempted to establish a central private banking system in the United States ever since this country was born. They finally succeeded in 1913 with the Federal Reserve Act.
More importantly, both documentaries offer genuine solutions to this problem.
We can get out of this mess. We don’t need to keep passing on an impossibly bloated debt to future generations.
Let’s make this the generation where the people of America truly showed that the People of the world can be free.
The interest that we as a country pay to these bankers every year could feed the world. We could wipe out global poverty if we weren’t indebted to the banking class.
Let’s do the right thing. Let’s end this charade. Let’s start talking about things that really matter.
Your constituency is quickly waking up to the truth of what’s going on behind the scenes.
As more and more people wake up, eyes will open at an exponential rate.
If you are actively involved in addressing the issues I discuss in this email, please let me know how I can support your actions.
I also want to let you know that I will be posting this email to you on my public online blog.
I will also be posting any reply you send on my blog as well.
I think it will be important for the public to see how our government representatives engage this discussion.
I look forward to your reply.
I’m sure this idea is already out there, but at the time of the economic crash of 2008, I had no idea why we had a housing bubble that suddenly burst and destroyed the American economy.
After watching Bill Still’s brilliant documentaries The Money Masters and The Secret of Oz, I now have a much better understanding of monetary policy. So I’m going to succinctly explain the crash of 2008. If you remember, the media told us that the reasons behind the crash were far too complicated to explain, what with credit-default swaps and toxic assets and all sorts of fiduciary jargon that was meant to confuse an issue that, at its heart, is clear and simple.
It all has to do with, as Mr. Still puts it, who controls the money supply. When those who control the money supply provide enough money into the system for the system to grow, we have good years. When those who control the money supply contract that supply, we have lean years. The Federal Reserve controls the ebb and flow of the money supply via interest rates. The chart above shows the history of the Fed’s interest rate policy over that past 55+ years.
Before we get to the crash of 2008, I want to make a quick point about something that George W. Bush said when he first took office in 2001. I remember this time quite clearly. We had just finished two terms of economic prosperity that the Clinton administration rode through like wave surfers. If you notice the chart above, the Fed began lowering interest rates a little bit in 1990, then the rates plunged starting in 1992, releasing the constraints on the flow of money that facilitated the technology and dot.com boom which was just around the corner. In 1995, the dot.com bubble officially began and the Fed began raising the interest rates. It’s certainly logical to think that the Fed was trying to rein in the free spending of the bubble. But it’s interesting to note in the chart above that interest rates were raised significantly and quickly at the end of 1999 through to 2001 – well beyond the burst of the dot.com bubble in March, 2000.
Although the bubble had burst in 2000, its effects were generally limited to the investor class. Our government was operating with budget surpluses at the time! So it seemed puzzling to me that after Bush took office, he started making claims about our economy heading towards a recession. Here’s a quote from one of his speeches in March 2001:
“Tax relief is central to my plan to encourage economic growth, and we can proceed with tax relief without fear of budget deficits, even if the economy softens. Projections for the surplus in my budget are cautious and conservative. They already assume an economic slowdown in the year 2001. Even if the slowdown were to turn into a recession similar to that of 1990 and ’91, the Congressional Budget Office projects that the 10-year surplus would shrink by only 2 percent, from a little more than 5.6 trillion to a little less than 5.5 trillion.” (source: presidency.ucsb.edu)
Bush’s outlook on the economy predicted an economic slowdown because he knew that the Fed would continue to raise interest rates — and thereby contracting the money supply. I think it’s also worth noting in the chart above that the recession of 1990 and 1991 to which President Bush alludes follows a spike in interest rates by the Fed — another contraction of money followed by an economic slowdown.
So if we look at the chart above around the end of 2001, just after the event of 9/11, the Fed drops the interest rate like a lead balloon. I’m sure that the reasoning was to spur economic activity following the attacks of 9/11 … and perhaps, as well, to make wartime government borrowing more attractive.
It also facilitated the buying of houses and property for little to no money down, with low variable payments and attractive initial offers. People bought on credit. Interest rates were low. The economy was vibrant and active.
Then, at the end of 2004, the Fed began raising the interest rates sharply. People’s variable rate mortgages shot through the roof — beyond what they were able to afford. Did the Fed help these people by lowering the rates? No, they flatlined the rates sometime in 2006 and held them steady until 2008 when enough people defaulted on their loans to collapse the banking industry.
So We, the People, then had to bail out the banks because, as a result of the Fed’s interest rate spike, people were defaulting on their loans.
Ever wonder would have happened if we didn’t bail out the banking system? Here’s what Congressman Brad Sherman [D-CA] said on October 2, 2008:
“The only way they can pass this bill is by creating and sustaining a panic atmosphere. That atmosphere is not justified. Many of us were told in private conversations that if we voted against this bill, on Monday, that the sky would fall, the market would fall two or three thousand points the first day, another couple thousand the second day. And a few members were even told that there would be martial law in America if we voted no.”
In the 1970s, independent journalist Jim Tucker began covering the annual Bilderberg meeting – an ultra-secretive, highly guarded meeting of the global heads of finance, industry, media and politics. In 2005, independent investigator Daniel Estulin published his first book detailing the inner workings of the Bilderberg group and their annual meeting. In 2006, internet radio host Alex Jones began showing up at the Bilderberg meetings with a megaphone and started raising hell – right there on the spot.
This year, we witnessed the biggest ever protest at a Bilderberg meeting thanks to Occupy Bilderberg – and this video is a half-hour testament to how far the public outcry has reached. Those who attend Bilderberg no longer do so in the shadows. People like Jones, Estulin, Tucker and high profile upstarts like We Are Change’s Luke Radkowski and Russia Today’s Abby Martin are exposing the Bilderberg attendees.
The Bilderberg agenda, however, is still a secret. And its organization still maintains a high degree of secrecy.
But what is apparent is this. These heads of state, heads of industry, heads of finance and heads of industry meet once a year and are either guided towards a particular agenda or discuss the agenda which they then execute over the course of the next year.
Occupy Bilderberg is an example of the people standing up and saying, “No more.” This is truly the zeitgeist of the times.
by Joseph Farrell
Joseph Farrell spans the ages in Babylon’s Banksters, tying together an ancient international class of what he terms “bullion brokers,” their involvement with humanity’s ancient temples (along with the predictive capabilities of the temples’ astrological functions), the control and suppression of technologies and ultimately the total usurpation of the money-issuing power of states and nations around the globe.
The Background Story
Babylon’s Banksters begins with a theoretical scenario in which two ancient civilizations pre-dating our historical eras destroyed each other in a great and encompassing final war. The devastation was so complete as to wipe out both of the civilizations’ technological capabilities.
Humanity’s remains were left to pick up the pieces and begin again from square one — while a select class of survivors kept shreds of the ancient wisdom alive. Sacred geometry and its powerful secrets were guarded in the temples and secret societies. Mystery schools were established to maintain the wisdom among a small class of adepts.
The story continues to suggest that those who have controlled this wisdom from ancient times are the predecessors, if not ancestors of those at the top of the financial pyramid today. And those at the top continue to use predictive cyclical patterns to their own enriching and often nefarious ends. But their aims are not simply to control the money supply, but to control the physics of the technologies that could, on the one hand, free humanity from this monetary control, and on the other, destroy us once again.
Ultimately, the story of these ancient bullion brokers and their progeny is their search to re-establish the technology that was lost following the theoretical great and final battle of pre-history.
The Power of Money
The most important factor in Farrell’s equation of physics, religion and finance is the control of the money supply. And the banksters will go to any length to ensure that control rests with them.
Farrell cites evidence that strongly suggests Presidents Lincoln, Garfield and Kennedy were all assassinated for their attempts to take the money-issuing power away from the privately controlled central bank — with the intention of issuing debt-free government created money.
Farrell traces evidence that central bankers have historically flooded the market with counterfeit bills whenever the U.S. has intended to oversee the issuance of its own currency — intending to devalue the non-central bank currency. Once devalued, the banksters then offer the central bank as a stabilizing solution.
This scheme of inflating a nation’s currency to induce instability, then offer the central banking system to stabilize the system has been, according to Farrell’s evidence, the method used by the international class of bullion brokers throughout history.
Astrology & Cyclical Trends
Following the Great Depression, economic analyst Edward Dewey and his associate Edwin Dakin were commissioned by President Herbert Hoover to find the cause of the economic downturn via statistical analysis.
Dewey and Dakin found that it’s not just the economy that rises and falls according to waves that resonate in predictable patterns. Everything in nature follows these same wave patterns.
Farrell details the story of Dewey and Dakin’s research and notes that when these waves hit their lows during certain astrological conjunctions, that’s when all hell breaks loose. Our worst economic depressions have apparently occurred in line with noteworthy astrological alignments. Farrell suggests that banksters have used these predictive elements — tying in known economic cycles with certain astrological conjunctions — to exacerbate downturns and take advantage of the crisis.
A Global Story
But this is not just an American story. It is a multi-headed beast and the banksters are not the only ones playing.
Farrell suggests that the American economic collapse of 2008 was a sneak attack of sorts by the Chinese. Farrell also notes that the Nazi party, although financed by the banksters during their rise to power, ultimately turned the relationship sour by its move to create state-issued debt-free money.
Even as far back as the Peloponnesian War, Farrell claims that Sparta was the sole holdout among a republic of Greek states that had already fallen into the hands of the international bankers’ central banks — and its debt-creating policy of money issuance.
Fast forward to the annual ultra-secretive Bildergerg Group meetings. Farrell suggests that the first assembly of the Bilderberg Group was ultimately a meeting of detente between the banksters and the fabulously wealthy post-war Nazis that had escaped to South America to resume research on advanced physics technology — things like the legendary anti-gravity, hyper dimensional Nazi “bell” device.
Tying It All Together
Farrell covers a lot of ground in a short amount of space and he undoubtedly has a brilliant mind, along with a healthy background on a variety of esoteric subjects. That brilliance and his vast knowledge spurs him to launch into a number of disparate directions.
However, this book is not meant to be a chronological tale of the international banksters through history. Rather, it is a detailed essay on where physics, astrology, ancient religion and alchemical transmutation tie into the banksters ability to create something out of nothing — in other words, their ability to transmutate something valueless like our existing fiat currency into something that not simply has value, but it has ultimately become the purpose of most of our lives.
That process is, in a sense, alchemical magic.
For those, like myself, who are interested to read further into the chronological story of who these banksters are and how they’ve influenced the course of our history, Farrell’s sources for this book are a treasure chest of information:
All of them future reads, for sure.