Archive for the 'From now on depressions will be scientifically created' Category

How a Group of International Bankers Engineered the 1929 Crash and the Great Depression

From Gary Allen’s None Dare Call it Conspiracy, Chapter 3:

How successful has the Federal Reserve System been? It depends on your point of view. Since Woodrow Wilson took his oath of office, the national debt has risen from $1 billion to $455 billion. The total amount of interest paid since then to the international bankers holding that debt is staggering, with interest having become the third largest item in the federal budget. Interest on the national debt is now $22 billion every year, and climbing steeply as inflation pushes up the interest rate on government bonds. Meanwhile, our gold is mortgaged to European central banks, and our silver has all been sold. With economic catastrophe imminent, only a blind disciple of the “” could believe that all of this has occurred by coincidence. (see note E1)

When the Federal Reserve System was foisted on an unsuspecting American public, there were absolute guarantees that there would be no more boom and bust economic cycles. The men who, behind the scenes, were pushing the central bank concept for the international bankers faithfully promised that from then on there would be only steady growth and perpetual prosperity. However, Congressman Charles A. Lindberg Sr. accurately proclaimed:

“From now on depressions will be scientifically created.”

Using a central bank to create alternate periods of inflation and deflation, and thus whipsawing the public for vast profits, had been worked out by the international bankers to an exact science. Continue reading ‘How a Group of International Bankers Engineered the 1929 Crash and the Great Depression’

Advertisements

Advertisements

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 120 other followers

Adams in Patriotic Mode

“What do we mean by the American Revolution? Do we mean the American war? The Revolution was effected before the war commenced. The Revolution was in the minds and hearts of the people; a change in their religious sentiments, of their duties and obligations…This radical change in the principles, opinions, sentiments, and affections of the people was the real American Revolution.” John Adams

The Declaration of Independence

The Union Oyster House

Frech Ocean-fresh New England seafood delivered directly to your door

Benjamin Franklin: A Documentary History – J. A. Leo Lemay

B & M Baked Beans

Blog Stats

  • 662,841 hits

Pages


My blog is worth $3,387.24.
How much is your blog worth?

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 120 other followers