Jefferson, Washington, and Madison was among other Founding Fathers who saw what the Bank of England had done during their lives., After hundreds of years of Fractional Reserve Banking in England, they knew the opportunity for corruption and cloudy business practices before they formed the Nation.
They saw how Growth and Recession could be manipulated by a growing money supply and increase in available credit. By simple maneuvering by a central bank, they knew that assets and prices could be inflated. They knew that artificial growth built upon incredible amounts of debt would create wealth for the few at the expense of the masses.
They were also aware that centralized banking could destroy working class people by the greedy and corrupt. The East Indian Tea Company, the first of giant multinational conglomerates, destroyed economies. From China to Zanzibar the elite destroyed the working class, the Founding Fathers were well aware of this.
The First and Second Banks of the United States
By the time Washington became the focus of power, North America already had two Central Banks. Both ended up as all Centralized Banking Systems end up eventually, due to greediness, incompetence and a Fiat Currency System. Both were clear examples of a Fractional Reserve Banking System gone berserk..
There were several families in Europe that controlled huge banking interests. They knew that in order to control a Countries Resources they would first have to control the Countries Government. They accomplished this by taking control of the Treasury.
The First and Second Banks of the United States were the first attempts to form a National Bank. A bank that would be privately owned, to take complete control of our money supply. President Andrew Jackson dissolved the Second Bank of the United States, which is one of the most heroic acts ever taken by an American President. History treats him as if he was a villain.
Woodrow Wilson and foreign bankers!
These Foreign International Bankers received what they desired in 1913 through the passage of the Federal Reserve Act. Prior to this an attempt was made by Nelson Aldrich to get this Bill passed. President Taft made sure that the Bill was defeated.
The Foreign Bankers supported Woodrow Wilson to run against the incumbent President Taft. To guarantee a victory the bankers subsidized Ex-President Theodore Roosevelt to run for the office, not to win but to simply garnish enough votes from the extremely popular Taft, to ensure a Woodrow Wilson victory.
Woodrow Wilson went on to win to get the victory by a one percent margin. (Similar to what Ross Perot did to George Bush against Bill Clinton). On December 23, 1913, after those opposed to the bill left for the Christmas Holiday, Wilson had the Act passed with the smallest of majorities.
Federal Reserve Act and the great depression!
The Consumer Price Index (CPI) had been on a continuous decline during the 1800's. Only twice during this time did it increase briefly, once during the War of 1812 and another due to the Civil War. By 1912 the Cost Of Living in the country was extremely low.
After over one hundred of years of decline the CPI as well as Inflation rose continuously. Once the Federal Reserve Act was passed the cost of maintaining the Debt to Foreign Bankers was detrimental to the life of America's average working family.
It was only twenty years later (1933) that the Bankers orchestrated the Great Depression, literally Bankrupting the Country. Before it was over, through Foreclosures the Banking Elite took possession of over thirty percent of America's Farmland.
Banking elite and a secret government!
With that done the Banking Elite set their sights on Foreclosing on the Federal Government and have been in control of it ever since.
FDR, from a letter written to Colonel House (Woodrow Wilson's advisor/controller),
"The real truth of the matter is, as you and I know, that a financial element in the large centers has owned the government ever since the days of Andrew Jackson".
In 1922, Former mayor of New York John Hylan had this to say:
"The real menace of our Republic is the invisible government which like a giant octopus sprawls its slimy length over our city, state and nation ... At the head of this octopus are the Rockefeller-Standard Oil interests and a small group of powerful banking houses generally referred to as the international bankers [who] virtually run the United States government for their own selfish purposes."
Secret Societies and how they control American politics!
One thing to be aware of concerning Elite Bankers and Giant Corporate Conglomerates is that they would rather conduct business with Governments that do not have to answer to its Citizens. Taking control of a Government is done quite easily once control of the Money Supply is accomplished. This makes it simple to exploit the country's citizens time, labor and energy. Control of the Nations Resources is done at the same time.
This is the reason that the Centralization of Power has been pursued by wealthy families since this Nation was created. Centralized Power along with Centralized Wealth is used to extort the People's Time, Labor, and Energy through a corrupt money laundering scheme using The Federal Reserve.
It does not matter which Political Party is in Power during any given period. The same People fund both sides of the campaign ensuring that their "Guy" is the one that gets elected. It does not matter who wins, they own both candidates.
It is estimated that a total of eight Powerful Banking Families own over eighty percent of the Shares in the Federal Reserve Bank. The Rockefeller family alone has a thirty three percent interest in this scheme.
There are instances such as the passage of NAFTA and GATT, made it possible for Corporations to operate in Foreign Countries, completely ignoring U.S. Environmental Laws. This Legislation was endorsed in a Bipartisan Manner simply because that is what the countries controllers wanted.
These people all sit on the same Boards and Commissions, the Council Of Foreign Relations and the Trilateral Commission as well as the infamous Bilderberg Group are all renowned for their control of government with no scrutiny from The People.
All these Unelected Diplomats are simply New World Order Globalists. If they could simply stop the People's Rights to a Redress of Grievances, Power could be implemented easily.
Declaration Of A National Emergency and the ability to transform a nation!
There are tiers of oppression, local government passes Laws that place more control over the Person and their Property. The States are in control of Local Government with the Federal Government pulling the strings at the State Level. Above all this facade are the Money Elite who control the Federal Government like a huge Dance Of Marionettes.
The more that we allow Power to be Centralized, the easier it will be that the Power will be abused. The Power Of Media is also being Centralized and actually owned behind the scenes by the same Money Elite that controls the Government. Then you have the Corporate Government Schools Of Indoctrination, which teach Federally Approved versions of History. They are teaching our children a Socialist, Communist, Fascist Idea of Global Serenity.
It was the Declaration Of A National Emergency in 1933 by Franklin Roosevelt that pretty much sealed the Nation's fate. It pretty much made the Constitution irrelevant. It was also during this time that Gold was seized from the people, leaving the People virtually Bankrupt using a worthless currency as if it had value.
Occasionally the Subject of "Our Rights" comes up in a conversation. I always wonder what would happen if you walked into a courtroom and demanded your "Rights"?
"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered."
Thomas Jefferson 1802
The materials available on this hub are for informational purposes only and not for the purpose of providing legal advice. You should contact your attorney to obtain advice with respect to any particular issue or problem. All materiel are copyrighted properties of the author and may not be used without permission of the author.
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James Timothy Peters from Hammond, Indiana on March 05, 2015:
Thank you for a KICKASS Hub!
Phyllis on March 18, 2012:
I always new in my heart that the government was all for itself...corrupt. If the real american people Would keep there eyes and ears open we the people might have a chance. Thank you!
dug deeper we would learn more.
james moylan on March 09, 2011:
I have a web site where I research stocks under five dollars.I have many years of experience with these type of stocks. inflation created by the federal reserve creates more inequality simply because many workers tend to get compensated less than the amount that prices increase companies take advantage of this differential.
MikeNV from Henderson, NV on February 16, 2011:
Thank you. The more people that know the true purpose of this fraud the better.
lxxy from Beneath, Between, Beyond on July 08, 2010:
That's pretty much what I do, or go back and edit later. It's all about keeping it in the family. ;)
Reality Bytes (author) from Freeman On The Land United States of America. on July 08, 2010:
Thank you Ixxy for the comment. I have so many problems when using the suggested link tool in losing spaces. I have begun to add them before publishing the hub.
lxxy from Beneath, Between, Beyond on July 08, 2010:
Just so ya know, when you get a chance do a quick edit to space "Fractional Reserve Banking Systemgone berserk.."
Great article, here. I feel less inclined to write one myself, when this one is so comprehensive. Thanks!
Arthur Fontes from Fall River,MA on June 09, 2010:
This is definitely a portion of history that is never taught in schools. Thank you for helping to inform us of these aspects of history.