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The links on this page bring you to other websites that have written articles on these topics to provide an immediate base level of knowledge on a very complex and malicious entity given control of the US economy.

Jekyll Island, Georgia - 1910

In November 1910, six men – Nelson Aldrich, A. Piatt Andrew, Henry Davison, Arthur Shelton, Frank Vanderlip, and Paul Warburg – met at the Jekyll Island Club. The meeting and its purpose were secrets, and participants did not admit that the meeting occurred until the 1930s.

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SELLING THE FEDERAL RESERVE

PANIC OF 1907

An attempt to monopolize the copper market failed. Americans withdraw their capital in a vote of no-confidence. Banks can't cover their client's deposits due to fractional reserve banking.

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ALDRICH–VREELAND ACT

The majority of the Republican Party allows banks to issue National Bank Notes in an emergency. Emergency notes were to be back first by government securities and second by commercial paper.

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MONETARY COMMISSION

Republican and Democratic party representatives lead by Republican Nelson Aldrich. Aldrich dominated the commission and represented the New York Banking industry with who he met bi-monthly.

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DADDY WARBUCKS

The National Citizens’ League—formed at Warburg’s urging, to “carry an active campaign of education and propaganda for monetary reform... outlined in Senator Aldrich’s plan.”

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FEDERAL RESERVE ACT

1913

Created a system of private and public entities. Congress required that all nationally chartered banks become members of the Federal Reserve System. Banks were required to purchase specified non-transferable stock in their regional Federal Reserve banks, making them owners of the regional banks.

BANK UNION

WALL STREET CRASH

1929

Many investors who had borrowed or leveraged heavily to buy stocks, were wiped out financially—leading to widespread bank failures. Banker and Wall Street speculation, faltering share prices, numerous shares having been bought on margin, and a lack of cash lead to the market crash of 1929

BANKERS GREED

PECORA COMMISSION

1932

The Pecora Investigation uncovered a wide range of abusive practices on the part of banks and bank affiliates. These included a variety of conflicts of interest, such as the underwriting of unsound securities in order to pay off bad bank loans, as well as "pool operations" to support the price of bank stocks. The hearings galvanized broad public support for new banking and securities laws.

HISTORY OF ABUSE

EXECUTIVE ORDER 6102

1933

US President Franklin D. Roosevelt "forbidding the hoarding of gold coin, gold bullion, and gold certificates within the continental United States. The reason for the order was to remove the constraint on the Federal Reserve preventing it from increasing the money supply during the depression. The US Government, under the threat of violence, seized the gold of the American People.

WEALTH TRANSFER

GLASS–STEAGALL ACT - 1933

The law gave power to the Federal Reserve to regulate retail banks, separated investment banking from retail banking, and prohibited investment banks from having a controlling interest in retail banks. It also created the Federal Deposit Insurance Corporation (FDIC) and made the Federal Government responsible for deposits in American Banks up to a certain amount.

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JOIN THE COLLECTIVE

CREATED BY GLASS-STEAGALL

THE FDIC

The US Government backs the failures and losses of privately owned for-profit banks with taxpayer funding. Allowing banking institutions to unburden themselves from public accountability for speculating and losing their depositors' money. 

GAMBLING INSURANCE

FOMC

The Federal Open Market Committee works on behalf of privately owned for-profit banks enabling them to stay in business, collect American assets, and expand market control. All funded through taxpayer debt levied on the American People by Congress.

DEBT MASTERS

BANKING ACT - 1935

Gave the Federal Reserve more independence from the executive branch and removed the Treasury Secretary and Comptroller of the Currency from the Federal Reserve board. The Banking Act of 1935 gave the FDIC a permanent status and mission to support the speculation and gambling of privately owned banks in the United States.

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