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"How to Respond to an Anti-Conspiracy Theorist"
America Without an Income Tax and the Fed By Mike King
"Unless we have a Central Bank with control of credit resources, this country is going to undergo the most severe and far reaching money panic in its history." * OCTOBER, 1907: CRISIS SCARES AMERICA The New York Bankers have inflated the stock market with easy loans. When lending is then tightened, the bubble bursts. Stocks crash 50%. Bank runs follow. The New York Times and Wall Street bankers use The Panic of 1907 to make a case for a European-style Central Bank (as Marx envisioned). * 1911: SENATOR OWEN: "PANIC OF 1907 WAS A CONSPIRACY!" Four years after the 1907 Panic, Senator Robert Owen of Oklahoma will demand an investigation into the sudden crash. He insists that the Panic was deliberately engineered:
"(The Panic) was brought about by a deliberate conspiracy for the enrichment of those who engineered it....I regard it as treason against the United States....a few men control the power of expanding or contracting credits. This unrestrained power means the power to create panics and coerce this country politically."
"There was an occasion, near the close of 1910, when I was as secretive, indeed, as furtive as any conspirator. ... We were trying to plan a mechanism that would correct the weaknesses of our banking system as revealed under the strains and pressures of the Panic of 1907. I do not feel it is any exaggeration to speak of our secret expedition to Jekyll Island as the occasion of the actual conception of what eventually became the Federal Reserve System. … Discovery, we knew, simply must not happen, or else all our time and effort would be wasted. If it were to be exposed publicly that our group had gotten together and written a banking bill, that bill would have no chance whatever of passage by Congress."
“The Aldrich Plan is the Wall Street Plan. It means another panic, if necessary, to intimidate the people. Aldrich, paid by the government to represent the people, proposes a plan for the trusts instead.”
Opposition to Aldrich's scheme is so strong, that the bill to create a Central Bank is never even brought to the floor for a vote. * 1913: THE 'ALDRICH BILL' IS REPACKAGED - THE FED IS BORN! A few cosmetic changes are made to the old Aldrich Bill and the bill is renamed 'The Federal Reserve Act.' Congressman Lindbergh is not fooled:
“This is the Aldrich Bill in disguise ....This Act establishes the most gigantic trust on earth. When the President signs this bill, the invisible government by the Monetary Power will be legalized. The people may not know it immediately, but the day of reckoning is only a few years removed. The worst legislative crime of the ages is perpetrated by this banking bill.”
The bill passes anyway, on December 23, after many Senators and Congressmen had left town for Christmas Break! Puppet President Woodrow Wilson quickly signs it -- creating the privately-owned Federal Reserve System. Weeks earlier, Wilson, after the necessary states had ratified the Constitutional Amendment establishing an Income Tax -- needed to pay for wars and for interest to the bankers after they set up their Central Bank -- had already enacted the new tax law. With their pre-planned "Great War" for Globalism just a year away, the counterfeiting, insider trading, loan sharking, Globalist Money Masters were now in control of America -- and have been ever since.
Oh if people only understood the kind of better life they are being deprived of by the Predatory Ruling Class!
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