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THE FEDERAL RESERVE: A DIFFERENT VIEW

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Author: oldreb

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“What difference does an increase in the National Debt make? We owe it to ourselves.” virtually every congress-critter has declared. Such a paraphrased statement, reflecting on the exoskeleton structure of the Federal Reserve, ignores the inner historic mechanisms of Rothschild banking, the intense subterfuge and arm-twisting of the Fed’s creation, and the proven destructive forces inherent but hidden therein. 1

The medieval Rothschild Banks established a line of credit for the King provided the King issued a written promise to pay gold, with interest, to the bank at a time in the future. The book-entry Rothschild credit was used to pay for obligations incurred by the king. The credit continued to be circulated in the kingdom between merchants. The bankers sold the king’s interest bearing promise of gold to investors. The promise was renewed by the king on its maturing date and became perpetually rolled-over. 2

VOILA !!! The king made the suppliers of services happy with Rothschild credit; the bankers had the gold from investors; the investors had a promise the king would eventually pay them in gold—which would never happen. 3 Everything went smoothly as long as the bankers could sell the promise and the investors did not demand the gold. 4 As Benjamin Ginsburg has lamented in FATAL EMBRACE; (bankers) AND THE STATE 5, eventually the schemes, which stole the wealth from the people with book-entry fiat money, would come to a catastrophic climax. 6

The Federal Reserve system, claimed to be “staffed and run by Council on Foreign Relations members” 7 does the same thing for the U.S. government’s deficit spending. Their wizard is hiding behind Frank Baum’s curtain as obscurant to any public inquiry.8

The Federal Reserve Bank of New York will grant credit (not “create money”) in an account of the US government with an amount that the government will pledge. 9 The government will expend the book-entry-credit account (deficit spending) to pay for goods and services consumed by the government. The suppliers are content. Evidence that the supplier has received a credit voucher is obvious. [It is touted to the public as a loan.10] The heading of the currency given to the supplier by a local commercial bank is Federal Reserve Note; i.e., a debt obligation of the Federal Reserve also identified as a “tender” (substitute) required by law to be accepted for an imprinted number of dollars. 11 More

Council on Foreign Relations New PR Video Can’t Undo its NWO One World Government Agenda

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New World Order propaganda rules and shapes the world. And there’s no more powerful propagator of propaganda that rules and shapes US global hegemony, world events and major geopolitical developments than the Council on Foreign Relations (CFR). On its own website, the CFR describes itself as “an independent, nonpartisan membership organization, think tank, and publisher.” Two weeks ago the powerful organization celebrated its 95th anniversary since it’s been the most influential force dictating US foreign policy throughout the 20th century chauvinistically called “the American century” right into the present 21st aptly called the New World Order century. The CFR is financed by highly endowed, tax exempt Rockefeller, Ford and Carnegie foundations.

The Bilderberg and CFR’s chosen member to become America’s next presidential puppet – Hillary Clinton – made no bones about whom she takes her NW Orders from:

“I am delighted to be here in these new headquarters. I have been often to, I guess, the mother ship in New York City, but it’s good to have an outpost of the Council right here down the street from the State Department. We get a lot of advice from the Council, so this will mean I won’t have as far to go to be told what we should be doing and how we should think about the future.”

In 1950 the arrogant son of one of the Council on Foreign Relations’ founders, James Warburg emphatically decreed to the Senate Foreign Relations Committee, “We shall have world government whether or not you like it – by conquest or consent.”

From its very outset the CFR as the US elite’s most public face subversively promoting New World Order has always maintained one explicit purpose – to bring about a one world government. In 1975 powerful CFR insider and former Judge Advocate General of the US Navy Admiral Chester Ward wrote in his book entitled Kissinger on the Couch about the ultimate aim of the Council on Foreign Relations:

“[The CFR has as a goal] submergence of US sovereignty and national independence into an all-powerful one-world government… this lust to surrender the sovereignty and independence of the United States is pervasive throughout most of the membership… In the entire CFR lexicon, there is no term of revulsion carrying a meaning so deep as ‘America First.’” More

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