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Aldrich, Frank Vanderlip (president of Kuhn Loeb & Co.), Henry Davidson (senior partner in
the J.P. Morgan Bank), Charles Norton (president of Morgan’s First National Bank), Paul
Warburg and Benjamin Strong (president of Morgan’s Bankers Trust Co.).
The introduction in 1913 of the Federal Reserve System enabled the international bankers
to consolidate their financial powers in the U.S. Paul Warburg was the firs chairman of the
Federal Reserve Bank of New York.
The Federal Reserve Act was soon followed by the 16th
Amendment to the Constitution
which enabled Congress to levy taxes on the personal income of U.S. citizens. This was the
consequence of the fact that the U.S. government could no longer print its own money to
finance its operations.
For the first time since the founding of the U.S., income tax was levied.
The foremost shareholders of the FEDERAL RESERVE (The FED) were:
Rothschild banks in London and Paris
Lazard Brothers Bank in Paris
Israel Moses Seif Bank in Italy
Warburg Bank in Hamburg and Amsterdam
Lehman Bank in New York
Kuhn Loeb Bank in New York
Rockefeller’s Chase Manhattan Bank in New York
Goldman Sachs Bank in New York.
Congressman CHARLES LINDBERGH already then described the new Federal Reserve
System as the “Invisible Government” by it financial power.
How does “The FED” function?
The FED’S “Open Market Committee” produces Federal Reserve Notes (dollar notes).
THESE NOTES ARE THEN LOANED TO THE U.S. GOVERNMENT AGAINST
OBLIGATIONS THAT SERVE THE FED AS SECURITY.
THESE OBLIGATIONS ARE
HELD BY THE TWELVE FED BANKS WHICH RECEIVE THE YEARLY INTEREST
PAYMENTS THEREON.
Remarks to Today’s Situation:
In 1982 the U.S. tax office put the national debt at US$ 115,800,000,000 in interest
payments from the American tax payers.
This interest capital goes into the coffers of the
Fed, and so to the international PRIVATE bankers.
In 1992 the obligations held by the Fed reached US$ 5,000,000,000,000and the interest
payments by the tax payers rise continually. And this fortune was created by the FED
lending money to the U.S. government and charging high interest rates for something that
cost the FED only paper, ink and printing costs.
This is one of the biggest swindles in the
history of the U.S. and almost nobody notices. And so the FED holds – via the obligations
of the U.S. government – the lien on the state and private property of the WHOLE OF THE
UNITED STATES OF AMERICA. Innumerable lawsuits have not been successful in
reversing the Federal Reserve Act.
There is no legal way for the citizens to reclaim the
money because the FED is not a part of the government but a private intitution. Apparently
the FED is not constitutional and should therefore not exist. Nine U.S. states have cases
pending to abolish the FED.
CHAPTER 21
THE ROTHSCHILD TOWING SERVICE
Kings and dictators were always infamous for spending more than they could squeeze out of
their subjects in taxes.
The nations and government then had to borrow the necessary
sums from the banks. But how could the banks retrieve their money if a government could
not or would not pay up?
The solution is war!
