Creature From Jekyll Island by G. Edward полностью

The Bolshevik Revolution was a coup d'etat in which a radical minority captured the Russian government from the moderate revolutionary majority. They accomplished this through deception, organization, discipline, and surprise. The Red Cross Mission of New York financiers threw support to the Bolsheviks and, in return, received economic rewards in the form of rights to Russia's natural resources plus contracts for construction and supplies. The continued participation in the economic development of Russia and Eastern Europe since that time indicates that this relationship has survived to the present day. These financiers are not pro-Communist nor pro-anything else. Their motivation is profit and power. They are now working to bring both Russia and the United States into a world government which they expect to control. War and threats of war are tools to prod the masses toward the acceptance of that goal. It is essential, therefore, that the United States and the industrialized nations of the world have credible enemies. As these words are being written, Russia is wearing the mask of peace and cooperation. But we have seen that before. We may yet see a return of the Evil Empire when the timing is right.

U.S. government and megabank funding, first of Russian, and now of Chinese and Middle-East military capabilities, cannot be understood without this insight.

Section IV

A TALE OF THREE

BANKS

It has been said that those who are ignorant of

history are doomed to repeat its mistakes. It may

come as a surprise to learn that the Federal

Reserve System is America's fourth central bank,

not its first. We have been through all this before

and, each time, the result has been the same.

Interested in what happened? Then let's set the

coordinates of our time machine to the colony of

Massachusetts and the year 1690. To activate, turn

the page.

Chapter Fifteen

THE LOST

TREASURE MAP

The bitter experience of the American colonies

with fiat money; the resolve of the founding

fathers to prohibit the new nation from resorting

to paper money without backing; the drafting of

the Constitution to that end; the creation of a true

American dollar; the prosperity that followed.

In the golden days of radio, on the Edgar Bergen Show, the ventriloquist would ask his dummy, Mortimer Snerd, "How can you be so stupid?" And the answer was always the same. After a moment of deep thought on the part of Mortimer, he would drawl his reply, "Well, it ain't easy!"

When we look at the monetary chaos around us today—the

evaporating value of the dollar and the collapsing financial institutions—we are compelled to ask: How did we get into this fix? And, unfortunately, Mortimer's response would be quite appropriate.

To find out how we got to where we are, it will be necessary to know where we started, and a good place to begin that inquiry is with the Constitution of the United States. Article I, Sections 8 and 10 say:

Congress shall have the power —

To borrow money ... to coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;...

[and] to provide for the punishment of counterfeiting....

No state shall ... coin money; emit bills of credit; [or] make anything but gold and silver coin a tender in payment of debts.

The delegates were precise in their use of these words.

Congress was given the power to "coin money," not to print it.

Thomas M. Cooley's Principles of Constitutional Law explains that

'to coin money is to stamp pieces of metal for use as a medium of exchange in commerce according to fixed standards of value."

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310 THE CREATURE FROM JEKYLL ISLAND

What was prohibited was to "emit bills of credit" which, according to the speeches and writings of those who drafted the document, meant the printing of paper IOUs which were intended to be circulated as money—in other words, the printing of fiat money not backed by gold or silver.

At first, it would seem that nothing could be more clear. Yet, these two simple clauses have become the basis for literally thousands of pages of conflicting interpretation. The crux of the problem is that, while the Constitution clearly prohibits the states from issuing fiat money, it does not specifically prevent the federal government from doing so. That was truly an unfortunate oversight on the part of the document's framers, but they probably never dreamed in their wildest nightmares that their descendants

"could be so stupid" as to not understand their intent.