Friday, November 5, 2010

Meeting at Jekyll Isle

In 1910 the was a secret meeting off the coast of Georgia. It's location is near the town of Brunswick. The meeting took place on Jekyll island. The attendees had one thing in mind. They planned to pass a bill that would give a private bank the power to govern the nation of America's money supply.On the evening of November 22, 1910, Sen. Aldrich and A.P. Andrews (Assistant Secretary of the Treasury dept.),Paul Warburg (a naturalized German representing Kuhn, Loeb and company), Frank A. Vanderlip (president of the National City Bank of New York), Henry P Davison (senior partner of J. P. Morgan Company), Charles D. Norton(president of the Morgan-dominated First National Bank of New York), and Benjamin Strong (representing J. P. Morgan), together representing about one fourth the world's wealth at the time.
 This was the beginning of a new time and the destruction of free market. The Rockefeller family, the Carnegie and the Rothschild family were all involved. Finally in 1913 the federal reserve act was passed taking away a gold and silver backed currency. Under Woodrow Wilson's term came the act that based all monetary policy on debt. The income tax, war economy, and foreign policy was then allowed to be delt with financially in private.

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