The fix has been in since 1913 and the Federal Reserve Act. Basicaly the scam works like this.
The Fed creates money(notes) out of nothing and loans it to the US Government at interest, your taxes pay the interest. Its called the national debt.
Step 1Fiat "money" creation begins when the U.S. Congress is ready for more debt. They instruct the Federal Reserve Bank to raise the debt limit by $1 billion.
Step 2 Congress instructs the U.S. Treasury to print $1 billion interest bearing bonds and sell them to the Federal Reserve Bank of New York.
Step 3 The U.S. Treasury prints the $1 billion interest bearing bonds and sells them to the Federal Reserve Bank!! As security or collateral they offer the INCOME TAX collected from the taxpayers. The U.S. Treasury prints only the Principal . . . not the usury or interest.
Step 4The "Federal" Reserve buys the usury bearing bonds and credits the U.S. Treasury for $1 billion. The government must now pay back the bonds with interest. As the interest was not created, it can NEVER be repaid with "Federal" Reserve Dollars
The US Government pays interest on the principle. The people pay the interest via taxes. On their own money. Money created out of nothing.
Franklyn, Jefferson, Jackson, Washington, Lincoln, JF Kennedy AND signer Woodrow Wilson recognised it for what it was a fraud. It would lead to poverty, loss of property and enslavement of the American People and the world by degree over the coming centuries.
Bankers make money by creating boom and bust periods. They do this by creating booms with easy money (S&L, sub prime,Roaring Twenties) expanding the amount of money in circulation then busts (The Depression, foreclosures) by restricting money with high interest and reducing the amount of money in circulation.
In busts they buy your assets for peanuts, then start the next cycle then sell out at the top. This is the business cycle.
International Bankers do this simply because they can. It appeals to their vanity and greed to control the world this way. The Federal Reserve is allied to International Bankers who control the worlds central banks, its supply of money, the governments of those countries, and in the end you.
The founding fathers understood this scam, they had watched the Bank Of England's progress from 1694 and put a clause in the constitution to say the US is entitled to print its own money at NO interest, God bless em because here is the solution.
Issue USN's notes at no interest to pay off the National Debt held in interest bearing Federal Reserve Notes. (Yes the government can do this!) at the same time issuing enough USN's to the regional banks to safeguard the amount of money in circulation. There is a precedent President Jackson in 1836 did just that. Abraham Lincoln wanted that. JF Kennedy wanted it with decree 11110, which is still in force but never implemented.
Easy isn't it? America has had this money in circulation from time to time, periods of wealth and prosperity.
The process of 'fleecing the flock' has been under way for centuries. This is what International Bankers do. Service debt (National Debt) created by wars, which they finance and it doesn't matter which side. Boom and Bust is a policy.
Now this to some extent explain why the financial engineers like Cayne get such big payoffs, they are doing their job. They manage the booms or the wreckless and immoral expansion of the money supply, get fired, booted out along with the blame and recriminations and are replaced by the managers of the next boom. These guys know what they are doing it doesn't happen by chance they are just juniors.
What you and America's life plan looks like. Why an increasing number of families need two incomes to get by.
Understanding is one thing, however I can't help you with your justified outrage and helplessness as your country, you and your children become slaves.
Homeless and impoverished debt Slaves.
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