The Financial Deception

A financial fraud that everyone should know was being imposed on the United States and in many countries around the world.

In 1905, John D. Rockefeller, Jacob Schiff, Henry Morgan, Paul Warburg, Nelson Aldrich and several others went by boat to Jekyll Island. These members of the Illuminati meet there for a period of time to discuss a plan that would allow the banking establishment to control the money in the United States.

They first created the bill called Aldrich's Plan and it was presented. However, the majority of the press and Congress objected as the plan worked for Wall Street Bankers and not for the people. They worked on an alternative plan presenting it as the People's Plan. However, the People's Plan is essentially the same as the Aldrich's Plan. This plan would be known as the Federal Reserve Act.

In 1913, the final bill was passed in Congress on the night before Christmas Eve when most of the Congress had gone home for vacation except for a few. The Federal Reserve System, the central banking system of the United States was born.

This is how the system works. When the government needed money for whatever purposes, they would borrow from the Federal Reserve Bank. The Federal Reserve (Fed) would simply go to the Treasury Department and get money printed at printing costs and then loan the money out at full face value with interest to the government.

This resulted in enormous profits for the Federal Reserve and put the United States in humongous debt. The Federal Reserve notes even have their Illuminati symbol on it, the pyramid with the all-seeing eye.

The fact is that the Federal Reserve is owned by private bankers, not by the government. The Federal Reserve Act passed in 1913 was illegal. It was anti-constitutional. This is because according to the constitution, the creation of money lies in the province of the congress and nobody else. To pass this off would require a constitutional authorization, which is not present in the constitution.

The collection of the Income Tax by the Internal Revenue Service (IRS) in the United States is also constitutionally illegal. The Sixteenth Amendment, which is supposed to give Congress the power to collect income taxes, was never ratified by the states in 1913.

The spokesperson who wanted this to be passed rose in Congress and announced that at last a sufficient number of states had passed the income tax amendment and now it was a matter of getting the structures together to collect on the income tax and that this would be very beneficial for the country particularly since it was preparing for war. Believing it was the truth, they began to put together the tax system, and the IRS as tax agency, to collect head tax or income tax.

Furthermore, the United States government is situated in the District of Columbia, which is not part of the United States. It is essentially according to Black's Law Dictionary a different nation entirely. It is a Federal Nation, which rules over the District of Columbia. It has no real jurisdiction over the rest of the United States in a technical sense and to pass laws taxing another country such as the United States is technically and legally in error.

The income tax collected by the IRS is deposited directly to the Federal Reserve Banks and not to the United States Treasury. Here is an excerpt in President Reagan's Grace Commission Report of 1984:

"100 percent of what is collected is absorbed solely by interest on the Federal debt and by Federal Government contributions to transfer payments. In other words, all individual income tax revenues are gone before one nickel is spent on the services which taxpayers expect from their government."

The Federal Reserve will take this money and ship it out to overseas banks. The IRS, a private corporation registered in Delaware and which was created unconstitutionally, is essentially working with the Federal Reserve for the private international bankers.

Congress, by passing law to create the Federal Reserve System is in fact acting against the constitution and it was void from the beginning because it was illegal and therefore, all actions stemming from this act of creating the Federal Reserve System are fraudulent.

According to law, any contract, any obligation, financial or otherwise, which is based on fraud and misinterpretation or illegal activity, is null and void from the beginning. From this, the National Debt incurred in the United States should be declared null and void.

Appropriately, the United States Treasury could print up whatever notes were necessary for government spending. There is no need for the Federal Reserve.

During the Civil War, if Lincoln had borrowed money from the bankers to run the country, it would have caused the country to go bankrupt much sooner. Instead, he printed his own Greenbacks and that saved the country from being bankrupt for many years.

The Federal Reserve note is not government issued note and is not a U.S. currency. U.S. currency by Constitution is the U.S. dollar and by Constitutional definition backed by precious metal. The U.S. Treasury note is representative of the United States government and it was backed by precious metal but the Federal Reserve note is backed only by faith alone. This is the case when in 1971, the Federal Reserve note was removed from the gold standard and from then on was not backed by any assets.

In 1933, the United States government was bankrupted by the Federal Reserve. The people have not been told because it was more important, it is indeed the plan of things, to keep the people ignorant and unaware of what the truth is behind the government and how the power structure truly was set up.

Most politicians know about the Federal Reserve scam and that it is illegal. However, it is against their interest to do anything about it. This is because they are receiving large campaign contributions from sources that are closely allied and loyal to the Federal Reserve System and its many associated organizations. Therefore these legislators and senators are not likely to vote on anything that would disturb their own benefits.

The monetary deception applies to Canada as well. The federal government in Canada also has an arrangement with the bank of Canada and it too supports the illusion that the Bank of Canada is owned by the Canadian government when in fact it is privately owned just like the Federal Reserve.

Borrowing money from Bank of Canada has also caused Canada to incur huge amount of bogus debt and the same scam happened in England, Germany, France, Argentina, Brazil etc.

The people who are behind this are mostly the same individuals who hold power behind most of the governments in various countries. On a level, this can be attributed to the 13 ruling banking families who control most of the finances of the world. They are the Rothschilds, the Rockefellers, Lehmans, Kuhn, Loeb, Goldman, Sachs, Warburgs, Lazard brothers, Israel Moses Seifs, Schiffs, Morgans and Schroders.

The Bank of International Settlements (BIS), the International Monetary Fund (IMF) and the World Bank all serve the interests of private international bankers.

If all governments the world over started to print their own money instead of borrowing money from the private banks they would have taken control of their own countries, the debt that is owed to the private bankers, would no longer exist for it would be seen and understood that it is a way to enslave the populace of the world and of the United States of America.

Note: The content in this article is compiled and edited from channeled information


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