History of the Rothschilds Central Banking Dynasty Part II

 "The Bankers are the Money-Creators of the Nation.
To this fact can be traced the cause of every depression, 

every bank failure, our staggering National debt and the
poverty of the vast majority of our citizens, and the slow
starvation of one-third of our population, while vast 

amounts of the produce of the Nation are being 

intentionally destroyed."
— John R. Elsom, Lightning Over the Treasury Building, 1941

Traitors Among Us
While our patriotic soldiers of the American revolution were heroically fighting to break away from England and their Bankers and gain national and economic independence, a fifth-columnist, who was perceived to be a patriot, was busily planning and implementing a double-cross. Who was this fifth-columnist? Alexander Hamilton! He was actually a hireling of the Bank of England and in 1780 he proposed the formation of a Federal Bank, owned by private interests. (Sound familiar? Perhaps a Federal Bank like our present-day Federal Reserve?). These private-interest shadow investors funded this scheme by fronting $12,000,000—$10,000,000 of which was to be supplied by the Bank of England (controlling interest) and the remaining $2,000,000 was to come from the wealthy of America.

With all this injected money floating around and ready to be used and the influential wealthy in America calling for a National Bank, the Bank of America was organized in 1783 by Alexander Hamilton and Robert Morris, who were front men for the racketeers behind the scenes. Robert Morris was the Superintendent of Finance for the Continental Congress. He purposely stole $250,000, the last of the remaining funds in the United States Treasury, and put it in the Bank's capital stock.

Well, the secret leaked out and this created prolonged and bitter controversy. Thomas Jefferson, Andrew Jackson, John Adams, James Madison and Benjamin Franklin led the fight against the scheme. The charter for the proposed bank was refused.

Unfortunately, Benjamin Franklin, the staunch defender of the people's rights,  passed away in 1791. This removed the main obstacle to the scheme and all the sane and logical protests of the other statesmen were swept away by an injection of bankers' gold into the economy. In 1791 Congress relented and granted the exclusive privilege of creating currency based on public and private debts to Alexander Hamilton (who had by that time wiggled his way into the Office of the Secretary of the Treasury) and to his money-manipulating cohorts, by chartering their bank. Instead of naming it the Bank of America, which had a bitter taste in the mouths of the statesmen who were against its formation, they renamed it The Bank of the United States—a different name but with the same insidious scheme and intent, i.e., to defraud and control the people of the United States.

The Ponzi Scheme Enacted
Thus, the Bank of the United States became a reality and it established 90 branches throughout the Nation. After the bank was officially chartered, Alexander Hamilton resigned from the Office of Secretary of the Treasury and devoted the rest of his time to the exploitation of the Nation. Fortuitously, justice was served for his traitorous activities—he was killed in a duel with Aaron Burr. However, the duel was not over this treachery, but was the culmination of a 13-year-long personal vendetta wherein Hamilton repeatedly used his power to defeat Burr in several important political races.

The newly formed bank was capitalized with $35,000,000—$28,000,000 provided by European bankers, mainly the Rothschilds, and $7,000,000 to be subscribed by the Americans. As you can see, the Europeans took control of the the bank because of the amount of their vested interest. This set the stage for the International Bankers to retake America, through the extending and contracting of credit. (Note: Baron Mayer Amschel Rothschild arrogantly once proclaimed, "Give me control of a nation's money and I care not who makes the laws.") At first the bank provided ample money and created stringent rules. Then, like all their greedy goldsmith cousins of the past, they slowly loosened the rules in favor of the bankers by loaning money on first mortgages, by creating usury where the people couldn't afford to pay their mortgages and then foreclosing on them, by stealing their possessions, and by gathering interest on every dollar in circulation in the Nation.

How the Ponzi Scheme Is Run
Let's examine the subtle fallacy of this scheme of "gathering interest on every dollar in circulation in the Nation". Let's say we have five people coming together to play poker for the evening. They decide that they need a banker to handle the money that is going to be played that evening. So they bring in their local banker to loan the players the money. The banker is not one of the players but merely handles the money in play. Let's also say that everyone at the table took out a loan from the banker for $1000. Against that loan each player pledged property that was worth at least $1000. Now the banker is going to loan the money with interest. Let's say the interest is 10%. The available money at the table is now $5000 minus the 10% interest. That leaves the 5 players with $4500 to play with.

Now, because all this money on the table is debt money, every dollar played is subject to additional interest on every dollar in circulation. So as the players play their hands money is put into the pot as the betting continues. Eventually the pot is filled with money, the hand ends and someone wins the pot. However, just before the winner can get his money from the pot, the banker intervenes and takes out 10% from the winnings. After all, the banker controls all the money being played. It's basically his money they are playing with until the debts are settled. Because he loaned the money he sets the rules and gets to control the money in play. For this, he gets to take interest out of the money being circulated in the game. How long can the 5 people play until all the money is taken out of circulation through interest on each transaction? The players either have to borrow more money to play or go home. However, everyone playing in this game loses. The players lose the collateral they put up for the initial loans and the money to play dwindles every time they play a hand. The banker comes out like a bandit. He got their collateral and the interest from the money in circulation. Pretty soon, the banker owns everything, just like the bankers do today.

Would you ever enter into a game with the scenario I just described above? Maybe not intentionally, but that's the ponzi scheme the Republic got itself into right after our revolution. We broke away from England and their bankers and then, through deception, enslaved ourselves almost immediately by entering into an International Banking System. We're in the same position today with the Federal Reserve System. Do you see any similarities to what the Foundering Fathers got into and what we are in today? I do! Someone once said, "if you don't learn from history, you are apt to repeat it." We have not learned from history, over and over again....

Conclusion
As you can see, our Republic was truly sovereign only from the end of the revolutionary war to 1791 when the International Bankers and the Bank of England once again became our masters through the consent of the Congress of 1791. I feel that Alexander Hamilton and the Congress of 1791 should take their place alongside Benedict Arnold on the infamous list of traitors to the Republic. These were not the last of the traitors as will be revealed in the continuing saga of the deceptions of the International Bankers throughout our Nation's history.

The charter for the Bank of the United States was for twenty years and was to expire in 1811. You'll be amazed at what happened when Congress tried to rectify the hideous mistake they made in granting a private institution such tremendous powers. Stay tuned for Part III of this epic saga.

Until next posting, keep your powder dry and your money out of banks.

Gus

P.S. Much of this history lesson was taken from the book “Lightning Over the Treasury Building”, by John R. Elsom, published by Meador Publishing Company, 1941.