End The Fed (Public Group)
You see, the simple truth is that The Federal Reserve System is neither “federal,” nor does it have any “reserves.” The Fed is a system of private banks, owned by rich foreign and American bankers. It is the biggest scam ever perpetrated upon the American people. The Fed is the reason we have inflation and an enormous national debt, which, by the way, will NEVER be paid off, since The Fed would rather have the interest on the loan (the national debt) than the principal, because they make trillions of dollars from the US being in debt. “But wait a minute! Doesn’t the US government control The Fed? Doesn’t the President appoint the Chairman of the Federal Reserve?”
Well, yes, the President does appoint the Chairman but NO, the US government does NOT control The Fed. Quite the opposite. The Fed actually controls the US government. Baron M. Rothschild once wrote, “Give me control over a nation’s currency and I care not who makes its laws.” Well, The Fed not only controls the US currency, but it also controls our politicians
THE MEETING AT JEKYLL ISLAND: Back in 1910, Jekyll Island (an island off the coast of Georgia) was privately owned by a small group of millionaires from New York, including William Rockefeller and J.P. Morgan. Their families would travel to Jekyll Island to spend the winter months. There was a brilliant structure there, the clubhouse, which was the center of their social activities. The island has since been purchased by the state of Georgia, converted into a state park and the clubhouse has been restored. If you were to visit the clubhouse and walk downstairs, you would come to a door with a plaque stating: “In this room the Federal Reserve System was created.”
In November of 1910, Senator Nelson Aldrich sent his private railroad car to the railroad station in New Jersey. From there, he and six other men traveled under the cloak of secrecy to Jekyll Island. They were told to arrive separately at the railroad station, not to eat together, not to speak to each other, and to act like they were strangers. They were told to avoid newspaper reporters since they were well-known people, and reporters would have wondered why these seven prominent men were all traveling together. Once they got on board the train, the deception continued. They were told to use first names only, not to use their last names at all.
A few of the men used pseudonyms. Once they arrived at Jekyll Island, they spent over a week hammering out the details of what eventually became the Federal Reserve System. When they were done they went back to New York. After the meeting at Jekyll Island, for several years, these men denied that there ever was a meeting. It wasn’t until after the Federal Reserve System was established in 1913 that they then began to talk openly about their secretive trip and meeting at Jekyll Island. As a matter of fact, they wrote books, magazine articles, and gave interviews to reporters, so now it’s possible to go into the public record and learn exactly what happened there off the coast of Georgia.
CONVINCING THE PUBLIC: The next thing was to “sell” The Fed to the public. The first draft of the Federal Reserve Act as it was presented to Congress was called the Aldrich Bill (named after the sponsor, Senator Nelson Aldrich). However, since Aldrich was so identified with big business interests, the people were outraged and Congress voted it down. But, just like Congress does today, they took the bill, rearranged the paragraphs, took Aldrich’s name off the bill and found a couple of Democrats (Carter Glass and Robert Owen) to sponsor the new bill. Since everybody “knew” that the Republicans represented big business and that Democrats represented the “common man,” this was a brilliant move. The Aldrich Bill had morphed into the Glass-Owen bill, and the new bill was perceived as being totally different from the Aldrich Bill.
The next step was for Aldrich and Vanderlip to give speeches and interviews to newspaper reporters condemning the Glass-Owen Bill. They would frequently state that the new bill would be “ruinous to banking and terrible for the country.” By the time the American public would read that comment in the local newspaper, he would gullibly say, “Gee whiz, I reckon if the big bankers don’t like the bill very much then it must be pretty good.” With this kind of expert tactics and deception, the public didn’t stand a chance. It is no surprise that popular support was finally gained for the bill and on December 22, 1913 the bill was passed by Congress and the following day was signed into law by President Wilson. As author G. Edward Griffin states, “the creature from Jekyll Island finally moved into Washington, DC.”
After the passage of the Federal Reserve Act, Congressman Charles Lindbergh stated: “This Act establishes the most gigantic trust on earth….When the President signs this Act, the invisible government by the money power, proven to exist by the Money Trust Investigation, will be legalized….The new law will create inflation whenever the trust wants inflation….From now on, depression will be scientifically created.” That’s right, Lindbergh stated that future depressions would be “created” by the bankers. Louis McFadden, Chairman of the House Banking Committee during the 1930s, said about the stock market crash of 1929: “It was not accidental; it was a carefully contrived occurrence. The international bankers sought to bring about a condition of despair so that they might emerge as ruler of us all.” Since 1913, the Federal Reserve Act has been amended over 100 times, with each amendment expanding the power and reach of the Federal Reserve System to “create money out of nothing.”