ONE HUNDRED YEARS OF FINANCIAL ENSLAVEMENT FOR AMERICA (1913-2013)
FINANCIAL ARMAGEDDON AHEAD!
By Pastor Dan Gayman
December 23, 2013 will mark the one-hundred-year anniversary of the privately owned Federal Reserve Banking Cartel which has held complete control of America’s currency and monetary policy. In 1913, the U.S. national debt stood at 2.9 billion. As of December 2013, it stands at just under 17 trillion and counting! Do the math. Since this international private banking cartel took possession of the currency and monetary policy of the U.S., our national debt has risen more than 400,000%. This privately owned banking cartel has the unlimited power to print paper money, determine velocity and inflate or deflate the currency and the government by way of the IRS (also created in 1913) has the power to collect taxes to insure that interest can be paid on the national debt. The power to print money and manipulate monetary policy has brought the United States to imminent bankruptcy.
The surrender by the United States Congress to the Federal Reserve Bank to print the currency and control the monetary policy of the country was touted as being necessary to stabilize the economy of the country and prevent financial panics. Some sixteen years after the FED took over America’s monetary policy the country went into the greatest and most prolonged depression of its entire history. By 1929, under the policies of the private banking monopoly of the Federal Reserve, America slipped into the Great Depression and continued to remain in this bottomless financial pit right on to the time of the Second World War (1939-1945). Over time, the United States has continued to move from one financial spiral to another under the policies of the FED. The present economic meltdown began in December 2007 with persistent high unemployment, reduction in personal income, a stagnant economy, and no significant sign of any recovery in sight.
The interest owed the Federal Reserve Banking Cartel has grown to become an enormous percentage of the total national budget. As the interest continues to grow unabated on the mountain of debt owed by the United States it has powerful impact upon the financial future of the nation. Since 1969, the U.S. Government has been spending more than it collects. The monetary policies of the Federal Reserve Bank, together with undisciplined spending by the Federal Government, are the primary cause of the economic misfortunes of the United States economy.
Few Americans realize the financial train wreck that lies ahead for the United States of America. That we are moving toward financial Armageddon is something that few Americans will be prepared to process when it happens. The U.S. now staggers under a mountain of debt approaching 17 trillion dollars—the largest debt ever accumulated by any nation. This unsustainable debt is only the tip of the iceberg as America has unfunded debts that total upwards of 120 trillion.
Examine the current status of Detroit, Michigan already in bankruptcy and a microcosm of the inevitable financial Armageddon coming to the United States. In an effort to stave off this gargantuan financial crash the Federal Reserve Bank is printing billions and billions every month in an effort to prolong the inevitable. At some point, the fiat printing press money will jump into hyperinflation, and the wealth of millions of Americans will vanish.
The U. S. Congress surrendered its Constitutional authority to coin and regulate money when it authorized the Federal Reserve Act of 1913. The Democratic Party won both the House and the Senate in the election of 1912. By a vote of 298 yeas to 60 nays and with 76 abstaining, the House of Representatives abandoned its constitutional authority to control the nation’s monetary policy on December 22, 1913. Then on December 23, 1913, the Senate agreed to the Federal Reserve Act by a vote of 43 yeas to 25 nays, with 27 not voting. The record shows that no Democrats voted “nay” in the Senate, and only two in the house. President Wilson signed the legislation, and it became the law of the land on the eve of the Christmas celebration. The entire future of the American economic policy was placed into the hands of a private banking cartel. The U.S. dollar lost 96% of its value since the FED was created in 1913. It now requires 23 dollars to buy what one dollar would buy in 1913.
The United States operated without any National Bank for almost eighty years. The First Bank of the United States was established in Philadelphia, PA in 1791. This was the largest corporation in the U.S. and was opposed by a majority of Americans, particularly the agrarian minded citizens of the country. The 20-year charter expired in 1811, and Congress again voted to charter the bank in 1816 for another twenty years. Andrew Jackson, a fierce opponent of the Central Bank and bankers in general, vigorously opposed this bank. He was elected President in 1828 and vowed to kill it. The American public welcomed Jackson’s stand against the bank. When the bank’s charter expired in 1836, it was not renewed.
President Jackson endeavored to eliminate the national debt, calling it a “national curse.” By January 1, 1835, under Jackson, the debt was $33,733.00. Oh, for a Jackson in the White House today! Thomas Jefferson is credited with this statement: “I place economy among the first and most important virtues, and public debt as the greatest of dangers. To preserve our independence, we must not let our rulers load us with perpetual debt.”
The Birthplace of the FED
The formation of the private banking cartel known as the Federal Reserve Bank came into existence at a secret meeting of international bankers meeting at Jekyll Island off the coast of Georgia in 1910. Financial wizards operating in the government of the U.S. created the panic of 1907 in an effort to condition the American public to accept a powerful Banking System. Recall that while America had had ups and downs in the free market economy, there was never anything to compare to the Great Depression 1929-1939 that followed the passage of the FED in 1913. Nor had the U. S. ever sustained such a prolonged economic meltdown as we have experienced since December of 2007 to the present under policies engineered by the Federal Reserve Banking Cartel.
The perpetrators of a Centralized Banking Cartel had been introduced into England by the Rothschilds as far back as 1694. Baron Nathan Mayer Rothschild boasted, “I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man that controls Britain’s money supply controls the British Empire, and I control the British money supply.” The people who actually own the private Federal Reserve Banking System constitute some of the wealthiest Jewish families in America and abroad.
The real intent of the Federal Reserve Banking Cartel was to enslave the citizens of the United States in perpetual debt to the international bankers. At the same time, the Federal Reserve Cartel was created in 1913. Congress voted to place into operation the Internal Revenue Service, which was designed to be the national collection agency for the Federal Reserve System so that interest obligations on the national debt could be paid. A large percentage of the total national debt of 17 trillion is owed to the Federal Reserve Bank together with other nations (China), etc. Recall that prior to 1913, the U.S. had never collected an income tax from the private citizens of the United States.
Where Are We Headed?
Revisit the Weimer Republic and the hyperinflation that occurred in Germany from January 1919 until November 1923. According to Investopedia, “The average price level increased by a factor of 20 billion, doubling every 28 hours.” In January of 1919, one ounce of gold traded for 170 marks; by November of 1923, that same ounce of gold was worth 87 trillion marks.
Consider this: people going into a restaurant to eat would purchase the meal before eating to save the additional inflation that would accrue while they were eating. German families watched their wealth simply evaporate as hyperinflation (through fiat printing press money) continued to depreciate their paper currency. In the end, a wheelbarrow full of paper currency was not sufficient to buy a loaf of bread.
The Federal Reserve Bank has been pumping 85 billion (called quantitative easing) each month into the American economy, trying to stimulate the economy. This looting of the national treasury under this policy has added 2.8 trillion to America’s economic woes. The U.S. is being buried under a mountain of debt so colossal that it becomes difficult to wrap your mind around these figures. Printing press money is now flowing from the Federal Reserve System much like the Niagara River pours over the falls into a giant pit below. The American people are being suckered to fall into the pit of the greatest financial bust the world has ever witnessed.
What Is a Trillion Dollars?
It is really difficult to fathom the meaning of one trillion dollars. One trillion is a thousand billion, one followed by twelve zeros. If you laid one trillion one-dollar bills end to end, it would make a chain from the earth to the moon 200 times. If you spent $1 million dollars a day from the day Jesus was born until now, you would only have spent three quarters of a trillion. If you spent one dollar every second, you would have spent a million dollars in twelve days. At that same rate, it would take you thirty-two years to spend a billion dollars. But it would take you more than 31,000 years to spend a trillion dollars. The national debt is rising about 75 million every hour in the United States. It is costing us about 450 billion dollars annually to cover the interest on the national debt.
Set Your House in Order
Live with a penitent heart before God by faith in Jesus Christ and seal this faith by being baptized for the remission of your sins. Pray daily, read your Bible daily, and place yourself under the cover of a Christ-centered, Bible-believing church that you can spiritually connect to, even if not geographically. Work hard to get out and stay out of debt. Live within your income. Take possession of your credit card. Do not allow your credit card to take possession of your future!
Do not trust or believe what U.S. Government officials tell you. Place absolutely no confidence in the Stock Market, Banks, or in any kind of digital money accounts, etc. Keep all wealth in hard assets, real property, food, water, clothing, land, livestock, tools, and silver—much like your father Abraham did almost four millennia ago.
Your geographical location will become more important as the U. S. moves toward financial Armageddon and a totalitarian police state comes into view. The ethnic composition of the area where you live will likewise become important. Your best bet is to find a location away from the urban centers of the U.S. and find a rural or semi-rural area where people who share faith and ethnic heritage reside. Preserve your spiritual foundations, exercise your moral values, and become as independent and self-sufficient as possible.