Of all of our founding fathers, none seemed to grasp with true insight what we face as a nation today than Thomas Jefferson. He saw firsthand how governments grow to overshadow civil liberties, and from an historical perspective, realized how they had fallen by their own corruptive influences. He has had hundreds of quotes taken from thousands of letters and papers, and though all of them are profound in their own way, this quote hits the problems we face today squarely:
“If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them, will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered.”
Why have some corporations for the last four years taken such a beating, while others have been bailed out flourishing? Why is it thought that Americans have actually lost 35 percent of their net worth? Why is there so much corporate and national debt, and why is it still growing, doubling in just five years, to a staggering 16 trillion. A term they use is “over-leveraging” but what that really means is too much debt. Debt that is transferred to our children, and it is a debt that can never be paid. So great is this amount, we can’t even pay the interest on it, and new money has to be printed so that we do not foreclose. Unviable corporations not part of this cartel, are now dead, and yet they want to increase our debt without restraint. They call it an unlimited ceiling. If we can’t stop this, our country will die.
Let us define the Jefferson quote…
When a privately owned banking cartel is in league with a privately owned business called the Federal Reserve, it becomes more powerful than our own Government. By the use of influential lobbyists, they are allowed to disregard our Constitution with clearly states that only Congress has the ability to coin money based on Gold and Silver. They are allowed to create what is called fiat money. This money is not based on anything but a promise. This private cartel can lend this money at below free-market interest rates to corporations they are vested in, causing debt. As these corporations overextend themselves without a productive balance, a foreseeable consequence occurs, inflation. Have you noticed a price rise at the market? This is inflation, and that can also be considered a hidden tax. The market takes a dive when investors review spread sheets and see what is described as “toxic” assets, as growth comes from both productivity and investing, and they withdraw from the market not wanting to take a chance on something so difficult to evaluate.
This complexity is due to what is called “duratives,” called CDSs and CDOs, and so when investors collectively see the potential failing of these corporations they have a massive sell-off, and in most cases just sit on their liquid assets until an opportunity presents itself in the future. A choice few, however, with what is called “insider information” will have more to work with than speculation, but proprietary knowledge. They invest in what is called a “put” option, where they buy when a stock is high, and sell when the stock is low.
One amazing example of this insider manipulation of the market occurred just three days prior to 9-11 on both United and American Airlines, and all investigations into these trades are now proprietary knowledge, for national security, as mandated by the Obama Administration, and seemingly directed from the interior of the Military Industrial Complex. To learn more of this, go here.
To me, nothing in my lifetime is more profound, even knowing that The Tonkin Incident was a False Flag, and I spent two years of my life there, drafted, because of it. Or that I had an Uncle who was used as a test subject for a nuclear blast in the 1940s, now dying of cancer, or that Agent Orange and sniper bullets took the lives of High School friends… But who in America has not been touched by the tragedy of war?
It is evident by a paper trail that insiders on wall street had prior insider knowledge that United and American stock would take a plunge after 9-11, and bet on it. Almost three thousand people died that day, civil liberties suspended, with trillions spent on wars killing millions, and there were people who could have stopped it?
For the rest of us not in the loop, we lose. But those monetary losses did not just disappear in a wisp of smoke, they were absorbed in a rigged system, a system designed to do just that, control interest rates, print money out of thin air, control inflation and deflation, and both prescribed and anticipated booms and busts. Even in tragedy, in war, bankers have methods incorporated to make money, destruction and reconstruction. Nation building for a New World Order, controlled by them.
Some of these Corporations caught up in the leverage game were not bailed out, and they went out of business. This is why we have such massive unemployment, along with the loss of their employee retirement funds who were entirely invested in these corporate stocks. But one cannot glean the true magnitude of this problem unless realizing that collateral and dividends were lost as well. This influenced the loss of property with a busting housing bubble, as it was overextended and poised to fail at a prescribed and predicted downturn. Bankers are now cleaning up, absorbing these properties like parasites, scavengers, or predators, depending on circumstance.
As debt service on a mortgage is usually the largest bill of a household. The unemployed will have their homes taken away for a fraction of what they owe, and at 2/3 of the appraised value, and the bank will win. These international bankers have put in place a system designed to enslave us in debt, and by the use of fiat money, as calculated by Paul Warburg, the prime architect of the Federal Reserve System, we participate in what is called “voluntary servitude.” In all intent, banks own us, lock, stock, and barrel.
Author’s note: I have a personal experience I’d like to share. Back in the latter part of 1978, interest rates had risen in my area to over 20 percent for home loans. I was a Vietnam Veteran, newly graduated from college and with a good paying job in the oilfields of Louisiana as a Mud Engineer. The oilfields were kicking. I wanted to leave the ethnic and violent turmoil of New Orleans to a place where my wife and I could raise our family in relative safety, and chose Crowley Louisiana, 20 miles past Lafayette.
I chose Crowley not only because I like a family-oriented rural community, but that that particular parish would combine a Veteran Home Loan, which would require little or no down payment, with bond money set aside for young people to get a good start. My loan was a 10.95 percent, and I thought I was one smart cookie. Since the builder was from Lafayette, they told me I had to come up with a down payment of $3,000, as the appraised value indicated. I signed the papers. But wait…
Four years later I still owed something like $83,000 on my loan, when the oilfields were used as a sacrificial lamb by President Regan to destroy the USSR, supplying Osama Ben Laden with weapons to fight Russian boys in Afghanistan. Said to be their Vietnam, this scenario was designed to stop them from building a pipeline through the country. He and Saudi flooded the market with cheap oil, and broke the economic back of the country, causing them to default. We are very close to that now. But wait…
I could not find work. I went years going from one consulting job to the next, until a friend asked me if I would move my family to the Cayman Islands for an administrative assistant job. I took it, and left my home with three months in the rear. Seven other homes in my subdivision had been given to the banks, but none of them had a government loan. So I did some research.
My home was appraise around 44 thousand dollars, and I still owed 83K. The doors were opened for anyone to view it, and in a month it was scheduled to go on the auction block with the stipulation that it must bring in 2/3 of the appraised value. That was 33 thousand dollars. But wait…
I looked back on that paper I had originally signed and found the Government guaranteed the bank exactly $33,000. That has haunted me ever since. It was emphatic to me, even at such a young age, that the banking system knew full well that this was going to happen four years prior, to the penny. But wait…
I was told the difference of the sale and what I owed would be on my shoulders, unless I declared bankruptcy. I decided to borrow $8,000 dollars from a Canadian Bank, whose manager was my next door neighbor in Cayman. I wired that money to the note-owner bank with a letter demanding that they lock up my home. My home. When they received that money, I was five months behind.
After two years, paying on both my property monthly, and a condominium in Cayman, we moved back to Louisiana. It was an eye-opening experience as I realized that the Veteran’s administration did not protect me at all, but the bank. Both working together for a common cause, an evident conspiracy on paper, goes over the heads of most Americans. Americans who are slaves, just like I am.
This past year I got a call from an old high school friend who told me that my writings were traitorous. He lives in the hill country of California in isolation, dying of cancer, and hoped that Obama Care would be his salvation with new and free drugs, even a cure for cancer. I asked him if the pendulum could swing both ways? What are we to do if we find out that our Government is betraying our trust? What is my (our) responsibility knowing this?. He hung up the phone with a thundering slam, never to be heard from again. He even blocked my calls.
I can’t say I know what we can do about this. I suppose that knowledge is our best weapon, and we are in very short supply of that. What would Mr. Jefferson do if he found himself in America today? I’d say he would make a bee-line to the door of Dr. Ron Paul. They have a lot in common, including a lack of oratory ability. And I ask myself every day: What would he be doing now if he had made President? Seems to me we would have the strongest military on earth, and peace. But there would be no profit in that, for the bankers who play us like puppets on a string. And that sir, is why he is not president. But then…
“It ain’t over until the fat lady sings.” -Dan Cook and Yogi Berra