In 1901 the national debt of the United States was less than $1 billion. It
stayed at less than $1 billion until we got into World War I. Then it jumped to
The national debt nearly doubled between World War I and World War II,
increasing from $25 to $49 billion.
Between 1942 and 1952, the debt zoomed from $72 billion to $265 billion. In
1962 it was $303 billion. By 1970, the debt had increased to $383 billion.
Between 1971 and 1976 it rose from $409 billion to $631 billion. The debt
experienced its greatest growth, however, during the 1980s, fueled by an
unprecedented peacetime military buildup. In 1998, the outstanding public debt
will roar past $5.5 trillion.
The unconstitutional "share" of this debt for every man, woman and child is
currently $20,594.86 and will continue to increase an average of $630 million
every day, which dosn't include the $26 trillion in individual credit card
debts, mortgages, automobile leases and so on.
U.S. NATIONAL DEBT
The Outstanding Public Debt as of
08/25/98 at 10:28:37 AM PDT is:
population of the United States is 270,374,697
so each citizen's share of
this debt is $20,403.90.
Today, as we stand before the dawn of a New World Order run by
internationalist financiers, most of the revenue collected by the Federal
government in the form of individual income taxes will go straight to paying the
interest on the debt alone. At the rate the debt is increasing, eventually we'll
reach a point where, even if the government takes every penny of its citizens'
income via taxation, it will still not collect enough to keep up with the
The government will own nothing, the people will own nothing, and the banks
will own everything. The New World Order will foreclose on America.
If the present trend continues, and there is no evidence whatsoever that it
will not continue, we can expect the national debt to nearly double again within
the next six to eight years. By then, the interest on the debt alone should be
in the $400 billion a year range.
Prologue: Three Types of Conquest
History reveals nations can be conquered by the use of one or more of three
The most common is conquest by war. In time, though, this method usually
fails, because the captives hate the captors and rise up and drive them out if
they can. Much force is needed to maintain control, making it expensive for the
A second method is by religion, where men are convinced they must give their
captors part of their earnings as "obedience to God." Such a captivity is
vulnerable to philosophical exposure or by overthrow by armed force, since
religion by its nature lacks military force to regain control, once its captives
The third method can be called economic conquest. It takes place when nations
are placed under "tribute" without the use of visible force or coercion, so that
the victims do not realize they have been conquered. "Tribute" is collected from
them in the form of "legal" debts and taxes, and they believe they are paying it
for their own good, for the good of others, or to protect all from some enemy.
Their captors become their "benefactors" and "protectors".
Although this is the slowest to impose. It is often quite long lasting, as
the captives do not see any military force arrayed against them, their religion
is left more or less intact, they have freedom to speak and travel, and they
participate in "elections" for their rulers. Without realizing it, they are
conquered, and the instruments of their own society are used to transfer their
wealth to their captors and make the conquest complete.
In 1900 the average American worker paid few taxes and had little debt. Last
year, payments on debts and taxes took more than half of what he earned. Is it
possible a form of conquest has been imposed on America? Read the following
pages and decide for yourself. And may God have mercy on this once debt-free and
The Real Story of Money Control in America
Americans, living in what is called the richest nation on earth, seem always
to be short of money. It's impossible for many families to make ends meet unless
both parents are in the work force.
Men and women hope for overtime hours or take part time jobs evenings and
weekends; children look for odd jobs for spending money; the family debt climbs
Psychologists say one of the biggest causes of family quarrels and breakups
is "arguing over money." Much of this trouble can be traced to our present
Too few Americans realize why the Founders wrote into Article I of the U. S.
"Congress shall have the power to coin money and regulate the value
thereof." Thomas Jefferson
They did this, as we will show, in the hope that it would prevent "love of
money" from destroying the Republic they had founded. We shall see how
subversion of Article I has brought on us the "evil" of which God warns us in 1
Money is "Created", Not Grown or Built.
Economists use the term "create" when speaking of the process by which money
comes into existence. "Creation" means making something which did not exist
before. Lumber workers make boards from trees, workers build houses from lumber,
and factories manufacture automobiles from metal, glass and other materials. But
in all these they did not actually "create."
They only changed existing materials into a more usable and, therefore, more
valuable form. This is not so with money. Here, and here alone, man actually
"creates" something out of nothing. A piece of paper of little value is printed
so that it is worth a piece of lumber. With different figures it can buy the
automobile or even the house. It's value has been "created" in the truest sense
of the word.
"Creating" money is very profitable!
As is seen by the above, money is very cheap to make, and whoever does the
"creating" of money in a nation can make a tremendous profit. Builders work hard
to make a profit of 5 percent above their cost to build a house.
Auto makers sell their cars for 1 percent to 2 percent above the cost of
manufacture and it is considered good business. But money "manufactures" have no
limit on their profits, since a few cents will print a $1 bill or a $10,000
That profit is part of our story, but first let consider another
unique characteristic of the thing -- money, the love of which is the "root of
Adequate money supply needed
An adequate supply of money is indispensable to civilized society. We could
forego many other things, but without money industry would grind to a halt,
farms would become only self-sustaining units, surplus food would disappear,
jobs requiring the work of more than one man or one family would remain undone,
shipping and large movement of goods would cease, hungry people would plunder
and kill to remain alive, and all government except family or tribe would cease
An overstatement, you say? Not at all. Money is the blood of civilized
society, the means of all commercial trade except simple barter. It is the
measure and the instrument by which one product is sold and another purchased.
Remove money or even reduce the supply below that which is necessary to carry on
current levels of trade, and the results are catastrophic.
For an example, we need only look at America's depression of the early
Bankers' Depression of the 1930's.
In 1930 America did not lack industrial capacity, fertile farmlands, skilled
and willing workers or industrious families. It had an extensive and efficient
transportation system in railroads, road networks, and inland and ocean
waterways. Communications between regions and localities were the best in the
world, utilizing telephone, teletype, radio, and a well operated government mail
No war had ravaged the cities or the countryside, no pestilence weakened the
population, nor had famine stalked the land. The United States of America in
1930 lacked only one thing: an adequate supply of money to carry on trade and
In the early 1930s, bankers, the only source of new money and credit,
deliberately refused loans to industries, stores and farms. Payments on existing
loans were required however, and money rapidly disappeared from circulation.
Goods were available to be purchased, jobs waiting to be done, but the lack of
money brought the nation to a standstill.
By this simple ploy
America was put in a "depression" and bankers took possession of hundreds of
thousands of farms, homes, and business properties. The people were told, "times
are hard" and "money is short." Not understanding the system, they were cruelly
robbed of their earnings, their savings, and their property.
No Money for Peace, but Plenty for War.
World War II ended the "depression." The same Bankers who in the early 1930's
had no loans for peacetime houses, food and clothing, suddenly had unlimited
billions to lend for army barracks, K-rations and uniforms.
A nation that in 1934 could not produce food for sale, suddenly could produce
bombs to send free to Germany and Japan! (More on this riddle later).
With the sudden increase in money, people were hired, farms sold their
produce, factories went to two shifts, mines reopened, and "The Great
Depression" was over!
Some politicians were blamed for it and others took credit for ending it. The
truth is the lack of money (caused by Bankers) brought on the depression, and
adequate money ended it. The people were never told that simple truth and in
this article we will endeavor to show how these same bankers who control our
money and credit have used their control to plunder America and place us in
Power to Coin and Regulate Money
When we can see the disastrous results of an artificially created shortage of
money, we can better understand why our Founding Fathers, who understood both
money and God's Laws, insisted on placing the power to "create" money and the
power to control it ONLY in the hands of the Federal Congress.
They believed that ALL Citizens should share in the profits of its "creation"
and therefore the Federal government must be the only creator of money. They
further believed that all citizens, of whatever state, territory or station in
life, would benefit by an adequate and stable currency. Therefore, the Federal
government must also be, by law, the only controller of the value of money.
Since the Federal Congress was the only legislative body subject to all the
citizens at the ballot box, it was, to their minds, the only safe depository of
so much profit and so much power. They wrote it out in simple, but all inclusive
manner: "Congress shall have the power to Coin Money and Regulate the Value
How We Lost Control of the Federal Reserve
Instead of the Constitutional method of creating our money and putting it
into circulation, we now have and entirely unconstitutional system. This has
brought our country to the brink of disaster, as we shall see.
Since our money was handled both legally and illegally before 1913, we shall
consider only the years following 1913, since from that year on, all of our
money had been created and issued by an illegal method that will eventually
destroy the United States if it is not changed. Prior to 1913, America was a
prosperous, powerful, and growing nation, at peace with its neighbors and the
envy of the world. But in December of 1913, Congress, with many members away for
the Christmas Holidays, passed what has since been known as the Federal Reserve
Act. (For the full story of how this infamous legislation was forced through our
Congress, read "Conquest or Consent", by W. D. Vennard).
Omitting the burdensome details, it simply authorized the establishment of a
Federal Reserve Corporation, run by a Board of Directors (The Federal Reserve
Board). The act divided the United States into 12 Federal Reserve "Districts."
This simple, but terrible, law completely removed from Congress the right to
"create" money or to have any control over its "creation", and gave that
function to The Federal Reserve Corporation. It was accompanied by the
appropriate fanfare. The propaganda claimed that this would "remove money from
politics" (they did not say "and therefore from the people's control")and
prevent "boom and bust" economic activity from hurting our citizens.
The people were not told then, and most still do not know today, that the
Federal Reserve Corporation is a private corporation controlled by bankers and
therefore is operated for the financial gain of the bankers over the people
rather than for the good of the people. The word "Federal" was used only to
deceive the people.
More Disastrous than Pearl Harbor
Since that "day of infamy", more disastrous to us than Pearl Harbor, the
small group of "privileged" people who lend us "our" money have accrued to
themselves all of the profits of printing our money -- and more! Since 1913 they
have "created" tens of billions of dollars in money and credit, which, as their
own personal property, they can lend to our government and our people at
"The rich get
richer and the poor get poorer" had become the secret policy of the Federal
government. An example of the process of "creation" and its conversion to
peoples "debt" will aid our understanding.
Billions in Interest Owed to Private Banks
We shall start with the need for money. The Federal Government, having spent
more than it has taken from its citizens in taxes, needs, for the sake of
illustration, $1,000,000,000. Since it does not have the money, and Congress has
given away its authority to "create" it, the Government must go to the
"creators" for the $1 billion.
But, the Federal Reserve, a private corporation, does not just give its money
away! The Bankers are willing to deliver $1,000,000,000 in money or credit to
the Federal Government in exchange for the government's agreement to pay it back
-- with interest. So Congress authorizes the Treasury Department to print
$1,000,000,000 in U.S. Bonds, which are then delivered to the Federal Reserve
The Federal Reserve then pays the cost of printing the $1 billion (about
$1,000) and makes the exchange. The government then uses the money to pay its
obligations. What are the results of this fantastic transaction? Well, $1
billion in government bills are paid all right, but the Government has now
indebted the people to the bankers for $1 billion on which the people must pay
Tens of thousands of such transactions have taken place since 1913 so that in
1996, the U.S. Government is indebted to the Bankers for more than
$5,000,000,000,000 (trillion). Most of the income taxes that we pay as
individuals now goes straight into the hands of the bankers, just to pay off the
interest alone, with no hope of ever paying off the principle. Our children will
be forced into servitude.
But wait! There's more!
You say, "This is terrible!" Yes, it is, but we have shown only part of the
sordid story. Under this unholy system, those United States Bonds have now
become "assets" of the banks in the Reserve System which they then use as
"reserves" to "create" more "credit" to lend. Current "reserve" requirements
allow them to use that $1 billion in bonds to "create" as much as $15 billion in
new "credit" to lend to states, municipalities, to individuals and businesses.
Added to the original $1 billion, they could have $16 billion of "created
credit" out in loans paying them interest with their only cost being $1,000 for
printing the original $1 billion! Since the U.S. Congress has not issued
Constitutional money since 1863 (more than 100 years), in order for the people
to have money to carry on trade and commerce they are forced to borrow the
"created credit" of the Monopoly bankers and pay them usury-interest!
Manipulating Stocks for Fun and Profit
In addition to almost unlimited usury, the bankers have another method of
drawing vast amounts of wealth. The banks who control the money at the top are
able to approve or disapprove large loans to large and successful corporations
to the extent that refusal of a loan will bring about a reduction in the selling
price of the corporation's stock.
After depressing the price, the bankers' agents buy large blocks of the
company's stock. Then, if the bank suddenly approves a multi-million dollar loan
to the company, the stock rises and is then sold for a profit. In this manner,
billions of dollars are made with which to buy more stock. This practice is so
refined today that the Federal Reserve Board need only announce to the
newspapers an increase or decrease in their "discount rate" to send stocks
soaring or crashing at their whim.
Using this method since 1913, the bankers and their agents have purchased
secret or open control of almost every large corporation in America. Using this
leverage, they then force the corporations to borrow huge sums from their banks
so that corporate earnings are siphoned off in the form of interest to the
banks. This leaves little as actual "profits" which can be paid as dividends and
explains why banks can reap billions in interest from corporate loans even when
stock prices are depressed. In effect, the bankers get a huge chunk of the
profits, while individual stockholders are left holding the bag.
The millions of working families of America are now indebted to the few
thousand banking families for twice the assessed value of the entire United
States. And these Banking families obtained that debt against us for the cost of
paper, ink, and bookkeeping!
The interest amount is never created
The only way new money (which is not true money, but rather credit
representing a debt), goes into circulation in America is when it is borrowed
from the bankers. When the State and people borrow large sums, we seem to
prosper. However, the bankers "create" only the amount of the principal of each
loan, never the extra amount needed to pay the interest. Therefore, the new
money never equals the new debt added. The amounts needed to pay the interest on
loans is not "created," and therefore does not exist!
Under this system, where new debt always exceeds new money no matter how much
or how little is borrowed, the total debt increasingly outstrips the amount of
money available to pay the debt. The people can never, ever get out of debt!
The following example will show the viciousness of this interest-debt system
via its "built in" shortage of money.
The Tyranny of Compound Interest
When a citizen goes to a banker to borrow $100,000 to purchase a home or a
farm, the bank clerk has the borrower agree to pay back the loan plus interest.
At 8.25% interest for 30 years, the borrower must agree to pay $751.27 per month
for a total of $270,456.00.
The clerk then requires the citizen to assign to the banker the right of
ownership of the property if the borrower does not make the required payments.
The bank clerk then gives the borrower a $100,000 check or a $100,000 deposit
slip, crediting the borrower's checking account with $100,000.
The borrower then writes checks to the builder, subcontractors, etc. who in
turn write checks. $100,000 of new "checkbook" money is thereby added to the
"money in circulation."
However, this is the fatal flaw in the system: the only new money created and
put into circulation is the amount of the loan, $100,000. The money to pay the
interest is NOT created, and therefore was NOT added to "money in circulation."
Even so, this borrower (and those who follow him in ownership of the
property) must earn and take out of circulation $270,456.00, $170,456.00
more than he put in circulation when he borrowed the original $100,000! (This
interest cheats all families out of nicer homes. It is not that they cannot
afford them; it is because the bankers' interest forces them to pay for nearly 3
homes to get one!)
Every new loan puts the same process in operation. Each borrower adds a small
sum to the total money supply when he borrows, but the payments on the loan
(because of interest) then deduct a much larger sum from the total money supply.
There is therefore no way all debtors can pay off the money lenders. As they
pay the principle and interest, the money in circulation disappears. All they
can do is struggle against each other, borrowing more and more from the money
lenders each generation. The money lenders (bankers), who produce nothing of
value, gradually gain a death grip on the land, buildings, and present and
future earnings of the whole working population. Proverbs 22:7 has come to pass
in America. "The rich ruleth over the poor, and the borrower is servant to the
Small loans do the same thing
If you have not quite grasped the impact of the above, let us consider an
auto loan for 5 years at 9.5% interest. Step 1: Citizen borrows $25,000 and pays
it into circulation (it goes to the dealer, factory, miner, etc.) and signs a
note agreeing to pay the Bankers a total of $31,503 over 5 years. Step 2:
Citizen pays $525.05 per month of his earnings to the Banker. In five years, he
will remove from circulation $6,503 more than he put in circulation.
Every loan of banker "created" money (credit) causes the same thing to
happen. Since this has happened millions of times since 1913 (and continues
today), you can see why America has gone from a prosperous, debt-free nation to
a debt-ridden nation where practically every home, farm and business is paying
usury-tribute to the bankers.
Checking Up On Cash
In the millions of transactions made each year like those just discussed,
little actual currency changes hands, nor is it necessary that it do so.
About 95 percent of all "cash" transactions in the U. S. are executed by
check. Consider also that banks must only hold 10 percent of their deposits on
site in cash at any given time. This means 90 percent of all deposits, though
they may actually be held by the ban, are not present in the form of actual cash
That leaves the banker relatively safe to "create" that so-called "loan" by
writing the check or deposit slip not against actual money, but against your
promise to pay it back! The cost to him is paper, ink and a few dollars of
overhead for each transaction. It is "check kiting" on an enormous scale. The
profits increase rapidly, year after year.
Our Own Debt is Spiraling into Infinity
In 1910 the U. S. Federal debt was only $1 billion, or $12.40 per citizen.
State and local debts were practically non-existent.
By 1920, after only six years of Federal Reserve shenanigans, the Federal
debt had jumped to $24 billion, or $228 per person.
In 1960 the Federal debt reached $284 billion, or $1,575 per citizen and
state and local debts were mushrooming.
In 1998 the Federal debt passed $5.5 trillion, or $20,403.90 per man, woman
and child and is growing exponentially.
State and local debts are increasing as fast Federal debts. However, they are
too cunning to take the title to everything at once. They instead leave us with
some "illusion of ownership" so you and your children will continue to work and
pay the bankers more of your earnings on ever increasing debts. The
"establishment" has captured our people with their debt-money system as
certainly as if they had marched in with an uniformed army.
Gambling Away the American Dream
To grasp the truth that periodic withdrawal of money through interest
payments will inexorably transfer all wealth in the nation to the receiver of
interest, imagine yourself in a poker or dice game where everyone must buy the
chips (the medium of exchange) from a "banker" who does not risk chips in the
He just watches the table and reaches in every hour to take 10 percent to 15
percent of all the chips on the table. As the game goes on, the amount of chips
in the possession of each player will fluctuate according to his luck.
However, the total number of chips available to play the game (carry on trade
and business) will decrease steadily.
As the game starts getting low on chips, some players will run out. If they
want to continue to play, they must buy or borrow more chips from the "banker".
The "banker" will sell (lend) them only if the player signs a "mortgage"
agreeing to give the "Banker" some real property (car, home, farm, business,
etc.) if he cannot make periodic payments to pay back all the chips plus some
extra chips (interest). The payments must be made on time, whether he wins
(makes a profit) or not.
It is easy to see that no matter how skillfully they play, eventually the
"banker" will end up with all of his original chips back, and except for the
very best players, the rest, if they stay in long enough, will lose to the
"banker" their homes, their farms, their businesses, perhaps even their cars,
watches, and the shirts off their backs!
Our real life situation is much worse than any poker game. In a poker game no
one is forced into debt, and anyone can quit at any time and keep whatever he
still has. But in real life, even if we borrow little ourselves from the
"bankers," our local, State and Federal governments borrow billions in our name,
squander it, then confiscate our earnings via taxation in order to pay off the
bankers with interest.
We are forced to play the game, and none can leave except by death. We pay as
long as we live, and our children pay after we die. If we cannot or refuse to
pay, the government sends the police to take our property and give it to the
bankers. The bankers risk nothing in the game; they just collect their
percentage and "win it all." In Las Vegas, all games are rigged to pay the owner
a percentage, and they rake in millions. The Federal Reserve bankers' "game" is
also rigged, and it pays off in billions!
In recent years,
Bankers have added some new cards to their deck: credit cards are promoted as a
convenience and a great boon to trade. Actually, they are ingenious devices from
the seller and 18% interest from buyers. A real "stacked" deck!
Yes, it's political too
Democrat, Republican, and independent voters who have wondered why
politicians always spend more tax money than they take in should now see the
reason. When they begin to study our money system, they soon realize that these
politicians are not the agents of the people but are the agents of the bankers,
for whom they plan ways to place the people further in debt.
It takes only a little imagination to see that if Congress had been
"creating," spending and issuing into circulation the necessary increase in the
money supply, there would be no national debt. Trillions of dollars of other
debts would be practically non-existent.
Since there would be no original cost of money except printing, and no
continuing costs such as interest, Federal taxes would be almost nil. Money,
once in circulation, would remain there and go on serving its purpose as a
medium of exchange for generation after generation and century after century,
with no payments to the Bankers whatsoever!
Continuing Cycles of Debt and War
But instead of peace and debt-free prosperity, we have ever-mounting debt and
cyclical periods of war. We as a people are now ruled by a system of banking
influence that has usurped the mantle of government, disguised itself as our
legitimate government, and set about to pauperize and control our people.
It is now a centralized, all-powerful political apparatus whose main purposes
are promoting war, confiscating the people's money, and propagandizing to
perpetuate its power. Our two main political parties have become its servants,
the various departments of government have become its spending agencies, and the
Internal Revenue Service is its collection agency.
Unknown to the people, it operates in close cooperation with similar
apparatuses in other nations, which are also disguised as "governments."
Some, we are told, are friends. Some, we are told, are enemies. "Enemies" are
built up through international manipulations and used to frighten the American
people into going billions of dollars further into debt to the bankers for
"military preparedness," "foreign aid to stop communism," "the drug war," etc.
Citizens, deliberately confused by brainwashing propaganda, watch helplessly
while our politicians give food, goods, and money to banker-controlled alien
governments under the guise of "better relations" and "easing tensions." Our
banker-controlled government takes our finest and bravest sons and sends them
into foreign wars where tens of thousands are murdered, and hundreds of
thousands are crippled (not to mention collateral damage and casualties among
the "enemy" troops.)
When the "war" is over, we have gained nothing, but we are billions of
dollars further in debt to the bankers, which was the reason for the "war" in
the first place!
And There's More
The profits from these massive debts have been used to erect a complete and,
almost hidden, economic colossus, over our nation. They keep telling us they are
trying to do us good, when in truth they work to bring harm and injury to our
people. These would be despots know, it is easier to control and rob a ill,
poorly educated, and confused people, than it is a healthy and intelligent
population, so they deliberately prevent real cures for diseases, they degrade
our educational systems, and they stir up social and racial unrest. For the same
reason, they favor drug use, alcohol, sexual promiscuity, abortion, pornography,
and crime. Everything, which debilitates the minds and bodies of the people, is
secretly encouraged, as it makes the people less able to oppose them, or, even,
to understand what is being done to them.
Family, morals, love of country, the Christian religion, all that is
honorable, is being swept away, while they try to build their new, subservient
man. Our new "rulers" are trying to change our whole racial, social,
religious, and political order, but they will not change the debt-money-economic
system, by which they rob and rule. Our people have become tenants and
"debt-slaves", to the Bankers, and their agents, in the land our fathers
conquered. It is conquest through the most, gigantic fraud and swindle, in the
history of mankind. And we remind you again: The key to their wealth and power,
over us, is their ability to create "money" out of nothing, and lend it to us,
at interest. If they had not been allowed to do that, they would never have
gained secret control of our nation. How true Solomon's words are: "The
rich ruleth over the poor, and the borrower is servant to the lender "(Proverbs
God Almighty warned, in the Bible, that one of the curses, which would come
upon His people, for disobeying His laws was: The stranger that is within thee
shall get up above thee very high; and thou shall come down very low. He shall
lend to thee, and thou shall not lend to him; he shall be the head, and thou
shall be the tail. Deut. 28:44-45
Most of the owners of the large banks, in America, are of eastern-european
ancestry, and connected with the Rothschild European banks. Has that warning
come to fruition in America?
Let us, now, consider the correct method of providing the medium of exchange
(money) needed by our people.
Every Citizen Can Be A Stock Holder in America
Under the Constitutional system, no private banks would exist to rob the
people. Government banks under the control of the people's representatives would
issue and control all money and credit. They would issue not only actual
currency, but could lend limited credit at no interest for the purchase of
capital goods, such as homes.
A $100,000 loan would require only $100,000 repayment, not $270,456.00 as it
is now. Everyone who supplied materials and labor for the home would get paid
just as they do today, but the bankers would not get $170,456.00 in interest.
That is why they ridicule and destroy anyone suggesting or proposing an
History tells us of
debt-free and interest-free money issued by governments.
The American colonies did it through colonial script in the 1700's. Their
wealth soon rivaled that of England and brought restrictions from Parliament,
which led to the Revolutionary War. Abraham Lincoln did it in 1863 to help
finance the Civil War. He was later assassinated by a man many consider to have
been an agent of the Rothchild Bank. No debt-free or interest-free money has
been issued in America since then.
Several Arab nations issue interest free loans to their citizens today. (Now
you can understand what all the commotion in the Middle East is all about, and
why the banker-owned press is brainwashing American citizens to think of all
Arabs as terrorists). The Saracen Empire forbade interest on money 1,000 years
ago and its wealth outshone even Saxon Europe. Mandarin China issued its own
money, interest-free and debt-free. Today, historians and art collectors
consider those centuries to be China's time of greatest wealth, culture and
Issuing money which does not have to be paid back in interest leaves the
money available to use in the exchange of goods and services and its only
continuing cost is replacement as the paper wears out. Money is the paper ticket
by which transfers are made and should always be in sufficient quantity to
transfer all possible production of the nation to the ultimate consumers. It is
as ridiculous for a nation to say to its citizens, "You must consume less
because we are short of money," as it would be for an airline to say, "Our
planes are flying, but we cannot take you because we are short of tickets".
Citizen Control of U.S. Currency
Money, issued in such a way, would derive its value in exchange from the fact
that it had come from the highest legal source in the nation and would be
declared legal to pay all public and private debts.
Issued by a sovereign nation, not in danger of collapse, it would need no
gold or silver or other so-called "precious" metals to back it.
As history shows, the stability and responsibility of government issuing it
is the deciding factor in the acceptance of that government's currency--not
gold, silver, or iron buried in some hole in the ground. Proof is America's
currency today. Our gold and silver is practically gone, but our currency is
accepted. But if the government was about to collapse our currency would be
Under the present system, the extra burden of interest forces workers and
businesses to demand more money for the work and goods to pay their ever
increasing debts and taxes. This increase in prices and wages is called
"inflation." Bankers, politicians and "economists" blame it on everything but
the real cause, which is the interest levied on money and debt by the Bankers.
This "inflation" benefits the money-lenders, since it wipes out savings of
one generation so they can not finance or help the next generation, who must
then borrow from the money-lenders and pay a large part of their life's labor to
With an adequate supply of interest-free money, little borrowing would be
required and prices would be established by people and goods, not by debts and
If the Congress failed to act, or acted wrongly in the supply of money, the
citizens would use the ballot or recall petitions to replace those who prevented
correct action with others whom the people believe would pursue a better money
policy. Since the creation of money and its issuance in sufficient quantity
would be one of the few functions of Congress, the voter could decide on a
candidate by his stand on money and other legitimate functions of the Federal
government, instead of the diversionary issues which are presented to us today.
All other problems, except the nation's defense, would be taken care of in the
State, County, or City governments where they are best handled and most easily
An adequate national defense would be provided by the same citizen-
controlled Congress, and there would be no bankers behind the scenes, bribing
politicians to spend billions of dollars on overseas military adventures which
ultimately serve the schemes of international finance.
Creating a Debt-Free America
With debt-free and interest-free money, there would be no direct confiscatory
taxation and our homes would be mortgage-free without approximately
$10,000-per-year payments to the bankers. Nor would they get $1000 to $3000 per
year from every automobile on our roads.
We would need far fewer financial "help" in the form of "easy payment" plans,
"revolving" charge accounts, loans to pay medical or hospital bills, loans to
pay taxes, loans to pay for burials, loans to pay loans, nor any of the thousand
and one usury bearing loans which now suck the life blood of American families.
Our officials, at all levels of government, would be working for the people
instead of devising capers which will place us further in debt to the bankers.
We would get out of entangling foreign alliances that have engulfed us in four
major wars and scores of minor wars since the Federal Reserve Act was passed.
A debt-free America would leave parents with more time to spend raising their
children. The elimination of the interest payments and debt would be the
equivalent of a 50 percent raise in the purchasing power of every worker. This
cancellation of interest-based private debts would result in the return to the
people of $300 billion yearly in property and wealth that currently goes to
Controlling Public Debate and Opinion
We realize that this small, and necessarily incomplete, article on money may
be charged with oversimplification. Some may say that if it is that simple the
people would have known about it, and it could not have happened.
But this conspiracy is as old as Babylon, and even in America it dates far
back before the year 1913.
Actually, 1913 may be considered the year in which their previous plans came
to fruition, opening the way for complete economic conquest of our people. The
conspiracy is powerful enough in America to place its agents in positions as
newspaper publishers, editors, columnists, church ministers, university
presidents, professors, textbook writers, labor union leaders, filmmakers, radio
and television commentators, politicians ranging from school board members to U.
S. presidents, and many others.
These agents control the information available to our people. They manipulate
public opinion, elect whomever they want locally and nationally, and never
expose the crooked money system. They promote school bonds, expensive and
detrimental farm programs, "urban renewal," foreign aid, and many other schemes
which place the people more deeply in debt to the bankers.
Thoughtful citizens wonder why billions are spent on one program and billions
on another which may duplicate it or even nullify it, such as paying some
farmers not to raise crops, while at the same time building dams or canals to
irrigate more farm land. Crazy or stupid?
Neither. The goal is more debt. Thousands of government-sponsored methods of
wasting money go on continually. Most make no sense, but they are never exposed
for what they really are: siphons sucking our Nation's economic lifeblood.
Billions for the bankers, debts for the people.
Controlled news and information
So-called "economic experts" write syndicated columns in hundreds of
newspapers, craftily designed to prevent the people from learning the simple
truth about our money system.
Sometimes commentators, educators, and politicians blame our financial
conundrum on the workers for being wasteful, lazy, or stingy. Other times, they
blame workers and consumers for the increase in debts and the inflation of
prices, when they know the cause is the debt-money system itself.
people are literally drowned in charges and counter-charges designed to confuse
them and keep them from understanding the unconstitutional and evil money system
that is so efficiently and silently robbing the farmers, the workers, and the
businessmen of the fruits of their labor and of their freedoms.
Some, who are especially vocal in their exposure of the treason against the
people, are harassed by government agencies such as the EPA, OSHA, the IRS, and
others, forcing them into financial strain or bankruptcy. They have been
completely successful in preventing most Americans from learning the things you
have read in this article.
However, in spite of their control of information, they realize many citizens
are learning the truth. (There are several millions of Americans who now know
the truth including former congressmen, former revenue agents, ministers,
businessmen, and many others).
Therefore, to prevent armed resistance to their plunder of America, they plan
to register all firearms and eventually to disarm all citizens, in violation of
the 2nd Amendment to the Constitution of the United States of America. A people
armed cannot be enslaved. Therefore, they only want guns in the hands of their
government police or military forces--hands that are already stained with blood
from countless acts of gross negligence and overt homicide, both at home and
Spread the Word and Do Something to Fix Things.
The "almost hidden" conspirators in politics, religion, education,
entertainment, and the news media are working for the banker-owned United
States, in a banker-owned World under a banker-owned World Government! (This is
what all the talk of a New World Order promoted by Presidents Bush and Clinton
is all about.)
Unfair banking policies and taxes will continue to take a larger and larger
part of the annual earning of the people and put them into the pockets of the
bankers and their political agents. Increasing government regulations will
prevent citizen protest and opposition to their control.
It is possible that your grandchildren will own neither home nor car, but
will live in "government owned" apartments and ride to work in "government
owned" buses (both paying interest to the bankers), and be allowed to keep just
enough of their earnings to buy a minimum of food and clothing while their
rulers wallow in luxury. In Asia and eastern Europe it is called "communism;" in
America it is called "Democracy" and "Capitalism."
America will not shake off her Banker-controlled dictatorship as long as the
people are ignorant of the hidden controllers. Banking concerns, which control
most of the governments of the nations, and most sources of information, seem to
have us completely within their grasp. They are afraid of only one thing: an
awakened patriotic citizenry, armed with the truth, and with a trust in God for
deliverance. This material has informed you about their iniquitous system. What
you do with it is in your hands.
WHAT YOU CAN DO
Pray for America's release from this wicked money control, which is at the
root of our debts and wars..
Send copies of this article to officials in your State and Local government,
to school board members, principals, teachers, ministers, neighbors, etc. Ask
them for their comments..
Write letters to elected or appointed officials. Write "letters-
to-the-editor" to newspapers. Most small towns and suburban newspapers are not
totally controlled, while most of the big city newspapers are..
Give or mail them out by the hundreds to awaken and educate other
Americans to this fantastic plunder of the working people of America. The cost
to you is VERY LITTLE compared to the BILLIONS in money and property being
STOLEN from our people.