Watchman Willie Martin Archive


          [ZOGs_WAR] Fw: What men in positions to know have said about the Federal Reserve System

          ‑‑ reminder for some, big news to others.


          Sun, 3 Nov 2002 20:49:29 ‑0900


          "Henry Ayre" <[email protected]>


          [email protected]


          <[email protected]>

What men who were in positions to know have said about

the Federal Reserve System ‑‑ a reminder for some, big

news to others.

      Needed: A new monetary system!



            to these and mix thoroughly!

 From: Dick Eastman [mailto:[email protected]]

 From: Tom Ascher

"The entire taxing and monetary systems are hereby

placed under the U.C.C. (Uniform Commercial Code)"

[i.e., functionally privatized]

          ‑‑ The Federal Tax Lien Act of 1966

   "The few who understand the system, will either be

so interested from it's profits or so dependant on it's favors,

that there will be no opposition from that class."

      ‑‑ Rothschild Brothers of London, 1863

"Give me control of a nation's money and I care not

who makes it's laws"

       ‑‑ Mayer Amschel Bauer Rothschild

   "Most Americans have no real understanding of the

operation of the international money lenders. The

accounts of the Federal Reserve System have never

been audited. It operates outside the control of

Congress and manipulates the credit of the

United States"

   ‑‑ Sen. Barry Goldwater (Rep. AR)

   "Whoever controls the volume of money in any country

is absolute master of all industry and commerce."

       ‑‑ James A. Garfield, President of the United States

    "Banks lend by creating credit. They create the means

of payment out of nothing"

       ‑‑ Ralph M. Hawtrey, Secretary of the British Treasury

   "To expose a 15 Trillion dollar ripoff of the American

people by the stockholders of the 1000 largest corporations

over the last 100 years will be a tall order of business."

       ‑‑ Buckminster Fuller

   "Every Congressman, every Senator knows precisely what

causes inflation...but can't, [support the drastic reforms to stop

it because it could cost him his job."

       ‑‑ Robert A. Heinlein, Expanded Universe

   "It is well that the people of the nation do not understand

our banking and monetary system, for if they did, I believe there

would be a revolution before tomorrow morning."

       ‑‑ Henry Ford

   "The regional Federal Reserve banks are not government

agencies. ...but are independent, privately owned and locally

controlled corporations."

   ‑‑ Lewis vs. United States, 680 F. 2d 1239 9th Circuit 1982

   "We have, in this country, one of the most corrupt institutions

the world has ever known. I refer to the Federal Reserve Board.

This evil institution has impoverished the people of the

United States and has practically bankrupted our government. It

has done this through the corrupt practices of the moneyed

vultures who control it".

       ‑‑ Congressman Louis T. McFadden in 1932 (Rep. Pa)

   "The Federal Reserve banks are one of the most corrupt

institutions the world has ever seen.  There is not a man within the

sound of my voice who does not know that this nation is run by the

International bankers

       ‑‑ Congressman Louis T. McFadden (Rep. Pa)

   "Some people think the Federal Reserve Banks are the

United States government's institutions.   They are not government

institutions. They are private credit monopolies which prey upon

the people of the United States for the benefit of themselves and

their foreign swindlers"

       ‑‑ Congressional Record 12595‑12603 ‑‑ Louis T. McFadden,

           Chairman of the Committee on Banking and

           Currency (12 years) June 10, 1932

   "[Every circulating FRN] represents a one dollar debt to the

Federal Reserve system."

       ‑‑ Money Facts, House Banking and Currency Committee

"...the increase in the assets of the Federal Reserve banks from

143 million dollars in 1913 to 45 billion dollars in 1949 went directly

to the private stockholders of the [federal reserve] banks."

‑‑ Eustace Mullins

   "As soon as Mr. Roosevelt took office, the Federal Reserve began

to buy government securities at the rate of ten million dollars a week

for 10 weeks, and created one hundred million dollars in new currency,

which alleviated the critical famine of money and credit, and the

factories started hiring people again."

      ‑‑ Eustace Mullins

   "Should government refrain from regulation (taxation), the

worthlessness of the money becomes apparent and the fraud

can no longer be concealed."

      ‑‑ John Maynard Keynes, "Consequences of Peace."

   "By this means government may secretly and unobserved,

confiscate the wealth of the people, and not one man in a million

will detect the theft."

   ‑‑John Maynard Keynes,"The Economic Consequences of the Peace" (1920).

    "These 12 corporations together cover the whole country and

monopolize and use for private gain every dollar of the public


     ‑‑ Mr. Crozier of Cincinnati, before Senate Banking

       and Currency Committee ‑ 1913

   "A great industrial nation is controlled by it's system of credit.

Our system of credit is concentrated in the hands of a few men.

We have come to be one of the worst ruled, one of the most

completely controlled and dominated governments in the world

‑‑no longer a government of free opinion, no longer a government

by conviction and vote of the majority, but a government by the

opinion and duress of small groups of dominant men."

    ‑‑President Woodrow Wilson

   "We are completely dependant on the commercial banks.

Someone has to borrow every dollar we have in circulation, cash

or credit. If the banks create ample synthetic money we are

prosperous; if not, we starve. We are absolutely without a

permanent money system.... It is the most important subject

intelligent persons can investigate and reflect upon. It is so

important that our present civilization may collapse unless it

becomes widely understood and the defects remedied very


   ‑‑ Robert H. Hamphill, Atlanta Federal Reserve Bank

   "The Federal Reserve Banks are not federal instrumentalities..."

   ‑‑ Lewis vs. United States 9th Circuit 1992

  "The Federal Reserve banks, while not part of the government,..."

   ‑‑ United States budget for 1991 and 1992 part 7, page 10

   "The Federal Reserve bank buys government bonds without one penny..."

‑‑ Congressman Wright Patman, Congressional Record, Sept 30, 1941

   "The Federal Reserve system pays the U.S. Treasury 020.60 per

thousand notes ‑‑a little over 2 cents each‑‑ without regard to the

face value of the note. Federal Reserve Notes, incidently, are

the only type of currency now produced for circulation. They

are printed exclusively by the Treasury's Bureau of Engraving

and Printing, and the $20.60 per thousand price reflects the

Bureau's full cost of production. Federal Reserve Notes are

printed in 01, 02, 05, 10, 20, 50, and 100 dollar denominations

only; notes of 500, 1000, 5000, and 10,000 denominations were

last printed in 1945."

   ‑‑Donald J. Winn, Assistant to the Board of Governors of the

   Federal Reserve system

   "Neither paper currency nor deposits have value as commodities,

intrinsically, a 'dollar' bill is just a piece of paper. Deposits are

merely book entries."

         ‑‑ Modern Money Mechanics Workbook, Federal Reserve Bank of

             Chicago, 1975

   This [Federal Reserve Act] establishes the most gigantic trust on

earth. When the President [Wilson} signs this bill, the invisible government

of the monetary power will be legalized....the worst legislative crime of the

ages is perpetrated by this banking and currency bill.

       ‑‑ Rep. Charles A. Lindbergh, Sr. , 1913

   "From now on, depressions will be scientifically created."

   ‑‑ Congressman Charles A. Lindbergh Sr. , 1913

   "The financial system has been turned over to the Federal Reserve Board.

That Board asministers the finance system by authority of  a purely profiteering

group. The system is Private, conducted for the sole purpose of obtaining the

greatest possible profits from the use of other people's money"

       ‑‑ Charles A. Lindbergh Sr., 1923

   "The [Federal Reserve Act] as it stands seems to me to open the way

to a vast inflation of the currency... I do not like to think that any law

can be passed that will make it possible to submerge the gold

standard in a flood of irredeemable paper currency."

       ‑‑ Henry Cabot Lodge Sr., 1913

   "When you or I write a check there must be sufficient funds

in out account to cover the check, but when the Federal Reserve

writes a check there is no bank deposit on which that check is

drawn.   When the Federal Reserve writes a check, it is creating


       ‑‑ Putting it simply, Boston Federal Reserve Bank

    "There is a distinction between a 'debt discharged' and a debt

'paid'. When discharged, the debt still exists though divested of it's

charter as a legal obligation during the operation of the discharge,

something of the original vitality of the debt continues to exist,

which may be transferred, even though the transferee takes it

subject to it's disability incident to the discharge."

       ‑‑Stanek vs. White, 172 Minn.390, 215 N.W. 784

    "I have never seen more Senators express discontent with

their jobs....I think the major cause is that, deep down in our

hearts, we have been accomplices in doing something

terrible and unforgiveable to our wonderful country. Deep

down in our heart, we know that we have given our

children a legacy of bankruptcy. We have defrauded our country

to get ourselves elected."

       ‑‑ John Danforth (R‑Mo)

    "Capital must protect itself in every way...Debts must be

collected and loans and mortgages foreclosed as soon as possible.

When through a process of law the common people have lost their

homes, they will be more tractable and more easily governed by

the strong arm of the law applied by the central power of leading

financiers. People without homes will not quarrel with their leaders.

This is well known among our principal men now engaged in

forming an imperialism of capitalism to govern the world. By

dividing the people we can get them to expend their energies in

fighting over questions of no importance to us except as teachers

of the common herd."

       ‑‑ Taken from the Civil Servants' Year Book,

           "The Organizer" January 1934.

    "I believe that banking institutions are more dangerous to

our liberties than standing armies.   Already they have raised up

a monied aristocracy that has set the government at defiance. The

issuing power (of money) should be taken away from the banks and

restored to the people to whom it properly belongs."

       ‑‑Thomas Jefferson, U.S. President.

   If Congress has the right [it doesn't] to issue paper money [currency],

it was given to them to be used by...[the government] and not to be

delegated to individuals or corporations.

      ‑‑ President Andrew Jackson, Vetoed Bank Bill of 1836

   History records that the money changers have used every form

of abuse, intrigue, deceit, and violent means possible to maintain

their control over governments by controlling money and it's


         ‑‑ James Madison

LET'S STOP KIDDING OURSELVES!  9‑11 was a Zionist spanking on our

collective American bottom! A Boeing 757 DIDN'T pierce through six walls of the

Pentagon (impossible + no aircraft debris), a late model cruise missile did the job;

the Twin Towers DIDN'T collapse due to heat (impossible), demolition charges

did the job;  there were NO Arab hijackers (the jets were guided electronically);

and the Zionists/Judeo‑Christians now in control of the United States are traitors

to the U.S. Constitution... as well as being mass murderers.This has been a Zionist

WAG THE DOG operation from the start, deadly serious for our elected leaders

WHO KNOW WHO'S GUILTY, and an Arabian Nights charade for Mom and Pop

in Littletown, U.S.A.! So let's start figuring out what we can do about it!

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