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2011 November 11
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"By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose." |
"If, however, a government refrains from regulations and allows matters to take their course, essential commodities soon attain a level of price out of the reach of all but the rich, the worthlessness of the money becomes apparent, and the fraud upon the public can be concealed no longer." |
"The few who understand the system, will either be so interested in
its profits, or so dependent on its favours that there will be no
opposition from that class, while on the other hand, the great body
of the people mentally incapable of comprehending the tremendous
advantage that capital derives from the system, will bear its burdens
without complaint, and perhaps without even suspecting that the system
is inimical to their interests." |
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2011 November 10
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"A power has risen up in the government greater than the people
themselves, consisting of many and various powerful interests,
combined in one mass, and held together by the cohesive power of
the vast surplus in banks." |
"Some people think the Federal Reserve Banks are US government institutions. They are not... they are private credit monopolies which prey upon the people of the US for the benefit of themselves and their foreign and domestic swindlers, and rich and predatory money lenders. The sack of the United States by the Fed is the greatest crime in history. Every effort has been made by the Fed to conceal its powers, but the truth is the Fed has usurped the government. It controls everything here and it controls all our foreign relations. It makes and breaks governments at will." |
"Is there any reason why the American people
should be taxed to guarantee the debts of banks,
any more than they should be taxed to guarantee
the debts of other institutions, including merchants,
the industries, and the mills of the country?" |
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2011 November 09
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"We are grateful to the Washington Post, The New York Times, Time
Magazine and other great publications whose directors have attended
our meetings and respected their promises of discretion for almost
forty years."
"It would have been impossible for us to develop our plan for the world
if we had been subjected to the lights of publicity during those years.
But, the world is now more sophisticated and prepared to march towards a
world government. The supranational sovereignty of an intellectual elite
and world bankers is surely preferable to the national
auto-determination practiced in past centuries." |
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"Open the books … and you will be staggered to see how much American money has been taken from the United States Treasury for the benefit of Russia. Find out what business has been transacted for the State Bank of Soviet Russia, by its correspondent, the Chase Bank of New York [owned by the Rockefellers]." |
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2011 November 08
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"In March, 1915, the J.P. Morgan interests, the steel, shipbuilding, and powder interest, and their subsidiary organizations, got together 12 men high up in the newspaper world and employed them to select the most influential newspapers in the United States and sufficient number of them to control generally the policy of the daily press. … They found it was only necessary to purchase the control of 25 of the greatest papers. An agreement was reached; the policy of the papers was bought, to be paid for by the month; an editor was furnished for each paper to properly supervise and edit information regarding the questions of preparedness, militarism, financial policies, and other things of national and international nature considered vital to the interests of the purchasers." |
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"The whole profit of the issuance of money has provided the capital of
the great banking business as it exists today. Starting with nothing
whatever of their own, they have got the whole world into their debt
irredeemably, by a trick.
This money comes into existence every time the banks 'lend' and
disappears every time the debt is repaid to them. So that if industry
tries to repay, the money of the nation disappears. This is what makes
prosperity so 'dangerous' as it destroys money just when it is most
needed and precipitates a slump.
There is nothing left now for us but to get ever deeper and deeper
into debt to the banking system in order to provide the increasing
amounts of money the nation requires for its expansion and growth.
An honest money system is the only alternative." |
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2011 November 07
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"The modern banking system manufactures “money” out of nothing;
and the process is, perhaps, the most, astounding piece of
“sleight of hand” that was ever invented.
In fact, it was not invented. It merely “grew”. ...
Banks in fact are able to create (and cancel) modern “deposit money”,
just as much as they were originally able to create, or call in,
their own original forms of private notes.
They can, in fact, inflate and deflate, i.e., mint, and un-mint
the modern “ledger-entry” currency." |
"The trade of the petty usurer is hated with most reason:
it makes a profit from currency itself, instead of making it
from the process which currency was meant to serve.
Their common characteristic is obviously their sordid avarice." |
"The state is the great fictitious entity by which everyone seeks to live at the expense of everyone else." |
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