Joan Veon: THE GLOBAL FINANCIAL CRISIS: DECEIT, DECEPTION & DISTORTION

 

 

 

 

 

By Joan Veon April 9, 2008 NewsWithViews.com

While there are many examples of treachery in human history: those against innocent people, against those who invented something that the more powerful interests did not want to compete with, those against rulers by those who wanted their kingdom, and those against government so they could distort a country’s monetary system for their own financial gain and empowerment. In light of the expanding and evolving global financial crisis, this is where we find ourselves. In reality, we are seeing the global empowerment of a central banking system which is now global. They are now creating the conditions to give them the rest of the regulatory powers they still lack. If one looks at the financial history of America, they will see from the beginning there was a political and financial tug of war over whether a private corporation, like the Bank of England, would control our monetary system. Alexander Hamilton favored the aristocratic tradition of central banking versus that of Thomas Jefferson who was for limited government that controlled our monetary system. According to The Federal Reserve Conspiracy by Antony C. Sutton, Alexander Hamilton introduced a bill into the House to “grant a charter for the privately owned Bank of the United States, creating the first private money monopoly in the U.S. and which was a predecessor to the Federal Reserve in 1913.

 

The charter of the First Bank of the United States expired in 1811. The War of 1812 presented bank supporters with a new argument—financial distress brought about by the war required financial relief in the form of a new national bank. The Second Bank of the United States was signed into law in 1816” with a term of 20 years. [Read the “The Coming Battle” originally published in 1899] It was Andrew Jackson who not only routed out the British in the War of 1812, but refused to renew the charter of the Second Bank. The goal of the international bankers from 1836 until 1913 was to get the U.S. to set up a central bank! In the book, Captains and The Kings by Taylor Caldwell, she writes about a group of powerful insiders who run the world and control history, “They talked only of money, the greatest of powers, the most pragmatic of common denominators. It was accepted that all other things besides money and the power of money were outside the consideration of intelligent men.” One of the main characters says to a younger man whom he is educating in the ways of the world, “You will recall a discussion today concerning the dissatisfaction the [foreign] gentlemen feel for our absurd Constitutional Amendment that only Congress has the power to coin money.

 

They are now trying to influence our government to permit a private Federal Reserve System to coin and issue and control currency, without the consent of Congress or any other governmental agency” (pp.301-302). Only a few people today know that the Federal Reserve, our central bank, is not federal nor does it have any reserves. Its beginnings are vested in a deep cloak of secrecy by a group of bankers comprised of Senator Nelson Aldrich, father-in-law of John D. Rockefeller, Jr., German banker Paul Warburg, Henry P. Davison, partner in J.P. Morgan and National City Bank (today Citigroup), Frank Vanderlip, Benjamin Strong, and Charles D. Norton. A number of them represented J.P. Morgan while others represented Kuhn-Loeb and the Rockefeller interests.

 

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