I see an economic diasater coming...

[triffid]

Hazard Circular - London Times 1865 From this extract its plan to see
that it is the advantage provided by the adopting of this policy which
poses a threat to those not using it. 1863, nearly there, Lincoln needed
just a bit more money to win the war, and seeing him in this vulnerable
state, and knowing that the president could not get the congressional
authority to issue more greenbacks, the money changers proposed the
passing of the National Bank Act. The act went through. From this point
on the entire US money supply would be created out of debt by bankers
buying US government bonds and issuing them from reserves for bank
notes. The greenbacks continued to be in circulation until 1994, their
numbers were not increased but in fact decreased. "In numerous years
following the war, the Federal Government ran a heavy surplus. It could
not (however) pay off its debt, retire its securities, because to do so
meant there would be no bonds to back the national bank notes. To pay
off the debt was to destroy the money supply."*




This means there will always be government debt!!!
We have Paper backing Paper!!!

[triffid]

Fleecing of the flock is the term the money changers use for the process
of booms and depressions which make it possible for them to repossess
property at a fraction of its worth. In 1891 a major fleece was being
planned. "On Sept 1st, 1894, we will not renew our loans under any
consideration. On Sept 1st we will demand our money. We will foreclose
and become mortgagees in possession. We can take two-thirds of the farms
west of the Mississippi, and thousands of them east of the Mississippi
as well, at our own price... Then the farmers will become tenants as in
England..."*

[triffid]

Fleecing of the flock is whats going on now!I have seen it!triffid

[triffid]

W.Cleon Skousen. Even after his death, the idea that America might print
its own debt free money set off warning bells throughout the entire
European banking community. On April 12th in 1866, the American congress
passed the Contraction Act, allowing the treasury to call in and retire
some of Lincoln's greenbacks, With only the banks standing to gain from
this, it's not hard to work out the source of this action. To give the
American public the false impression that they would be better off under
the gold standard, the money changers used the control they had to cause
economic instability and panic the people. This was fairly easy to do by
calling in existing loans and refusing to issue new ones, a tried and
proven method of causing depression. They would then spread the word
through the media they largely controlled that the lack of a single gold
standard was the cause of the hardship which ensued, while all this time
using the Contraction Act to lower the amount of money in circulation. *


*It went from $1.8 billion in circulation in 1866 allowing $50.46 per
person, to $1.3 billion in 1867 allowing $44.00 per person, to $0.6
billion in 1876 making only $14.60 per person and down to $0.4 billion
only ten years later leaving only $6.67 per person and a continually
growing population. *


*Most people believe the economists when they tell us that recessions
and depressions are part of the natural flow, but in truth the money
supply is controlled by a small minority who have always done so and
will continue to do so if we let them. By 1872 the American public was
beginning to feel the squeeze, so the Bank of England, scheming in the
back rooms, sent Ernest Seyd, with lots of money to bribe congress into
demonetising silver. Ernest drafted the legislation himself, which came
into law with the passing of the Coinage Act, effectively stopping the
minting of silver that year. Here's what he said about his trip,
obviously pleased with himself. "I went to America in the winter of

1872-73, authorised to secure, if I could, the passage of a bill
demonetising silver. It was in the interest of those I represented - the
governors of the Bank of England - to have it done. By 1873, gold coins
were the only form of coin money." *


*
Ernest Seyd Or as explained by Senator Daniel of Virginia "In 1872
silver being demonetized in Germany, England, and Holland, a capital of
100,000 pounds ($500,000.00) was raised, Ernest Seyd was sent to this
country with this fund as agent for foreign bond holders to effect the
same object (demonetization of silver)". ^1 *


*Within three years, with 30% of the work force unemployed, the American
people began to harken back to the days of silver backed money and the
greenbacks. The US Silver Commission was set up to study the problem and
responded with telling history: "The disaster of the Dark Ages was
caused by decreasing money and falling prices... Without money,
civilisation could not have had a beginning, and with a diminishing
supply, it must languish and unless relieved, finally perish. At the
Christian era the metallic money of the Roman Empire amounted to
$1,800,million. By the end of the fifteenth century it had shrunk to
less than $200,million. History records no other such disastrous
transition as that from the Roman Empire to the Dark Ages..."*


*
United States Silver Commission While they obviously could see the
problems being caused by the restricted money supply, this declaration
did little to help the problem, and in 1877 riots broke out all over the
country. The bank's response was to do nothing except to campaign
against the idea that greenbacks should be reissued. The American
Bankers Association secretary James Buel expressed the bankers attitude
well in a letter to fellow members of the association. *

[triffid]

*He wrote: "It is advisable to do all in your power to sustain such
prominent daily and weekly newspapers, especially the Agricultural and
Religious Press, as will oppose the greenback issue of paper money and
that you will also withhold patronage from all applicants who are not
willing to oppose the government issue of money. To repeal the Act
creating bank notes, or to restore to circulation the government issue
of money will be to provide the people with money and will therefore
seriously affect our individual profits as bankers and lenders. See your
congressman at once and engage him to support our interest that we may
control legislation."
James Buel American Bankers Association ^2 What this statement exposes
is the difference in mentality between your average person and a banker.
With a banker 'less really is more' and every need an opportunity to
exploit. James Garfield became President in 1881 with a firm grasp of
where the problem lay. "Whosoever controls the volume of money in any
country is absolute master of all industry and commerce... And when you
realise that the entire system is very easily controlled, one way or
another, by a few powerful men at the top, you will not have to be told
how periods of inflation and depression originate." *



James Garfield 1881 Within weeks of releasing this statement President
Garfield was assassinated. The cry from the streets was to...


I heard that this is why JFK was killed(same reason).