How America Was Sold
In 1652 Massachusetts began to coin money (trade with Spanish, privateers, etc. had provided a supply of silver). Soon it was issuing low-interest notes of credit, and their economies prospered. This was annoying to the British, in that it was a key element of a sovereign state. By 1685 however, pressures from across the sea caused the minting to cease.
By 1720 the Parliament ordered the banks in the colonies to quit lending money, returning total control of colonial money to the London bankers. This financial enslavement relegated the colonies to the status of a monetary dairy that allowed the British to milk whatever prosperity they felt was available through unrepresented taxation and interest.
In 1775, the colonies openly defied the British by creating $2,000,000 in their own bills of credit (This money ultimately became worthless), and the war was all but declared.
The control of her own money defined the newborn America as a truly sovereign nation. Section 8 of the very first article of her new constitution required the new nation to coin money, and to regulate the value thereof.
For about the next 140 years the nation grew and generally prospered (despite the war of 1812, the Civil War, and various others). There were however various financial convulsions and contrivances during this period as the war for financial control continued to rage on less obvious fronts. At least one of the panics of this period was instigated by J. P. Morgan himself in the early 1900’s when he spread a false rumor that a certain bank was about to fold. (NOTE: I could hack this document up with more references than there is text, but the internet is available to us all, so believe me or don’t. For convenience of reading, and laziness on my part, I have chosen not to go to the trouble. If it troubles you, reach my conclusions through your own research.)
During the Christmas recess on December 23, 1913, a hand-picked group of congressional delegates returned to Washington D.C. and passed the Federal Reserve Act. This act created a private, for profit, central Banking Corporation owned by a group of private banks.
Who owns this corporation? Prominent among the owners you will find names such as the Roth schilds of London and Berlin, Lazard Brothers of Paris, Israel Moses Seif of Italy, Kuhn, Loeb and Warburg of Germany, and the Lehman Brothers, Goldman, Sachs and the Rockefeller families of New york.
This piece of legislation was an act of high treason in that it returned control of America’s money to the hands of international bankers. This act was never ratified, so it has never become legal. None the less, it has been firmly imposed.
Earlier unratified Income tax legislation was made legal at this time, although not imposed until a point when a national emergency (WW II) could convince enough of the public that it would be expedient for a “temporary” period.
The freedom which our forefathers had purchased with guns, blood, and courage, was sold by political traitors – including the president himself (Wilson).
In 1913, America ceased to be a truly sovereign nation, and the vast majority of the so-called national debt today is merely the interest owed to the bankers to which we were sold.
Between income tax and the ability of the Fed to regulate interest rates, America is once again a money cow that can be “Fed” or milked at will.