1913: The Globalists Silent Coup
Last updated
Last updated
The Federal Reserve Act of 1913 fundamentally shifted government economic power out of the hands of the citizens and into the hands of special interests.
“The Creature from Jekyll Island” by G. Edward Griffin is a comprehensive exposé that delves into the origins, creation, and functioning of the Federal Reserve System, one of the most influential and controversial institutions in the history of the United States. Published in 1994, the book presents a detailed investigation of the Federal Reserve’s secretive formation at JekyllIsland, Georgia, in 1910 and its subsequent impact on the nation’s economy, politics, and financial system.
The whole story of the Fed and how it was formed is told in G. Edward Griffin’s book, The Creature from Jekyll Island. You can download it for free, here:
The Federal Reserve was the First Silent Coup of the American Republic. The Federal Reserve is considered the brain child of Paul Warberg. He secretly collaborated with a number of prominent bankers back in 1910 at the ominous sounding Jekyl Island Club located on an island off the Coast of Georgia. Their concept for the Federal Reserve was enacted in 1913 under the proto-fascist segregationist Thomas Woodrow Wilson (D) administration.
The Federal Reserve Act of 1913 gave the federal government the ability to borrow money from the federal reserve, a private company, instead of having to balance its budget every year the way it always had since 1791.
The Fed has a two-part structure: a central authority called the Board of Governors (in Washington, D.C.), and a decentralized network of 12 Federal Reserve Banks located throughout the country. The Board is an agency of the federal government, but is not funded by Congressional appropriations. All net earnings of the Fed are returned to the federal Treasury.
Prior to the creation of the Federal Reserve, governments could only fight wars if they had the funds to pay for them. This meant the government selling bonds to the public to borrow the money. If the people didn’t want war, they could refuse to buy the bonds. Once the money was dried up, then the war would have to wind down.
The Federal Reserve Act changed this and gave ultimate power to a group of private individuals who aren’t accountable to the people. If the government sought to go to war, it could borrow money from the Federal Reserve, bypassing the public.
First of all, yes the Fed is currently subject to a financial audit. But that’s not what this is about. In this context, audit means program evaluation. There are four short provisions under current law that restrict the Government Accountability Office (GAO) from auditing anything related to monetary policy at the Federal Reserve. That includes the deliberations of the Fed’s monetary policy-setting body, the Federal Open Market Committee (FOMC), the communications of the FOMC to enact the policy decided upon, and the actual transactions conducted by the New York Fed to carry out the policy.
When the current restrictions were originally added in the 1970s, GAO testified before Congress saying, with regard to the provisions, “[w]e do not see how we can satisfactorily audit the Federal Reserve System without authority to examine the largest single category of financial transactions and assets that it has.”
GAO exists for the very simple reason that no one member of Congress, or their staff, fully understands the functioning of the various government agencies. GAO exists to inform. As someone who previously staffed the Senate Banking Committee, let me say there are few areas less understood by Congress than monetary policy and macroeconomics. Hence there are few areas more in need of a GAO audit than the Fed.
Subjecting the Federal Reserve’s monetary policy function to a GAO audit in order to educate Congress does not subject the Fed to “short-run political interference” as Fed Chairwoman Janet Yellen suggests. Such a claim is not only insulting to GAO, it is insulting to the very concept of Congressional oversight.
As someone who has interacted repeatedly and regularly with GAO over the last decade, including serving as a Congressional staff liaison for requested GAO reports, I have witnessed the independent, unbiased and non-political approach of GAO in the performance of their duties. I have not always agreed with the conclusions of GAO, but I have never felt as if such disagreements were the result of politics or bias.
The common objection that a GAO Fed audit would “compromise” the Fed’s independence and subject its actions to political influence confuses the very nature of Fed independence as well. The Fed’s authority to regulate the value of money is one delegated to it from Congress. As Congress can, and has, legislated changes to the Fed, it should be clear beyond a doubt that the Fed is not “independent” of Congress. It is a creature of Congress.
What needs to be understood is that the Fed’s independence, in an operational sense, is supposed to be from the executive branch. Yet in recent years the Fed has coordinated its actions quite closely with the Treasury Department, eroding any real independence. The revolving door, both at the political and career levels, between the Fed and the Treasury Department undermines the Fed’s operational independence more than a GAO audit. And the same could be said about the revolving door between Wall Street and the Fed. A GAO audit, rather the hampering independence, could shine a light on these relationships, helping to insulate the Fed from continued interference by the Treasury Department and undue influence from big banks.
The Audit the Fed debate is really about informed Congressional oversight. The extraordinary measures that the Fed took during the financial crisis, it’s prolonged stance of accommodative monetary policy unprecedented in the history of central banking, a $4.5 trillion balance sheet, and continued disagreements among Fed officials as to the appropriateness of normalizing policy seven years after the crisis demonstrates the need for objective, independent analysis.
An on-going GAO audit of the Federal Reserve’s monetary functions is one avenue that could aid that effort or at least help Congress, and the public, more fully understand the actions of the Fed. GAO provides information on complex government issues and problems. If monetary policy doesn’t qualify, then what does?
Due to the Federal Reserve money became available on demand and so war became easier to fight. For arms manufacturers and the bankers, war is profitable. They don’t value human life, so the loss of life is not a consideration for them. Or they push proxy wars which use Ukrainians as gun fodder, thus not politically exposing the puppets of the US regime to political blowback from the parents of dead soldiers.
The introduction of the fiat system really supercharged the Military-Industrial Complex, because money is printed from thin air, and thus inflation increases over time, which is a tax on the poor. The rich own real assets which appreciate in value, while the workers often have savings in fiat which is worth less and less. Bankers are making money on interest from money they created from nothing. As the level of debt goes up, people are more and more enslaved to their jobs and the system. Entire nations are lent money and their assets used as collateral. It’s legalized theft.
Congress can make pronouncements all day long, but without the money, these pronouncements are useless. Those who provide the funds to pay for Congress’s enactments hold the real power. International banking has increased the number of wars since the time of Napoleon because it lends money to both sides, which fight until they are utterly destroyed. WWI and WWII were some of the most butcherous wars in history, because the funds were there to keep going. This meant targeting civilian cities like Dresden and committing mass murder.
The US has $34 trillion in debt. As the US dollar loses its status as the reserve currency and with the rise of BRICS and people paying not in dollars but in their own currencies, the US dollar becomes weaker. More money will be printed just to pay the interest on the debt, which will cause hyperinflation. As the prices go so high that the economy collapses, civil unrest will be the result. That’s where the militarized police, the “cop city” programs, and DHS come in with their watchlists and FEMA camps—to brutally crack down on dissent.
The US is involved in a controlled collapse. Its economy went from an industrialized and productive one to a financialized, rent-seeking one. But the Biden Administration destroyed the financialized economy by eroding trust in Western banking by seizing the Russian hard currency reserves held in Western banks. Without trust, you cannot run a banking system.
So Russia, China, and other countries have decided to provide an alternative system for buying and selling using local currencies and gold-backed currencies instead of US dollar fiat money. Because the US has a lot of wealth stored up over time, the effects of these changes will take some time to be apparent, but the future for the US is utterly bleak. It has nothing going for it.
To make matters worse, the social contract is broken. The government no longer feels an obligation to care for its citizens but instead launders the money to its big donors and contributors. For example, the people of East Palestine, Ohio, and Maui, Hawaii were left to die after they faced terrible environmental tragedies and wildfires. People lost everything and have been given virtually nothing.
The Federal Reserve Act will prove to be the cause of America’s demise in the long term. The US became an imperialist empire after its creation, but the consequences to the world have been tragic. So many lives lost and blood spilled to enrich wealthy elites who feed from the living, profiting off of water and death. Workers have spent their lives saving only to find they have nothing, as inflation erodes the value of their money. Food is so expensive in the US now that a large portion of the population is food insecure. The American Dream of owning your own home is long gone. Now people are lucky if they don’t have to share their family homes with strangers to pay the rent.
No fiat currency system survives long term. Fiat is a Ponzi scheme that always goes to zero. This will bring with it the US empire, which is circling the drain. What concerns me is that there will likely be a bail in instead of a bail out when the system collapses, meaning people will lose everything. The wealthy elites will suck up everything and the people will be totally impoverished, left with nothing. When that happens, the W.E.F.’s agenda of you “owning nothing and being happy” will be complete. You will own nothing while they own everything. And I can guarantee you won’t be happy.
1. Declaring War on the Cabal
Objective: Identify and neutralize the cabal—a network of covertly influential entities perceived to undermine national interests.
Steps:
Intelligence Gathering: Conduct a comprehensive intelligence operation to identify key members, networks, and assets of the cabal. This includes financial, political, and social connections.
Public Declaration: Prepare a detailed statement explaining the threat posed by the cabal to national security and sovereignty. This statement should be delivered by the President and supported by the relevant agencies.
Legislative Support: Secure a resolution from Congress endorsing the declaration of war on the cabal, outlining the rationale and strategic objectives.
2. Congressional Approval for Special Operation
Objective: Obtain Congressional authorization for a targeted special operation against cabal assets and personnel.
Steps:
Special Operation Proposal: Draft a detailed proposal outlining the scope, objectives, and operational plan for the special operation. This includes targeting cabal assets through the Treasury and deploying U.S. Special Operations Command (SOCOM) for direct action.
Briefing Congress: Present the proposal to Congressional leaders and relevant committees. Provide evidence supporting the need for action and the anticipated benefits.
Legislative Approval: Secure a formal resolution or act from Congress authorizing the operation, specifying the legal and financial parameters.
3. Deployment of U.S. Special Operations Command
Objective: Execute the special operation to neutralize designated enemy combatants and seize cabal assets.
Steps:
Operational Planning: Coordinate with SOCOM to develop a detailed operational plan. This includes intelligence support, tactical execution, and post-operation procedures.
Asset Targeting: Work with the Treasury Department to identify and freeze cabal assets. Implement measures to prevent the transfer or use of these assets.
Field Execution: Deploy SOCOM units to execute the operation as authorized. Ensure clear communication and coordination with all involved parties.
4. Proposal for a Bitcoin-Backed Dollar and Bitcoin Fork
Objective: Transition to a Bitcoin-backed currency and address potential flaws in the current Bitcoin protocol.
Steps:
Economic Analysis: Commission a study to evaluate the feasibility of a Bitcoin-backed dollar. Assess potential benefits, risks, and impacts on the economy.
Legislative Proposal: Introduce a bill in Congress to create a Bitcoin-backed currency. Outline the framework for transitioning from fiat currency and integrating Bitcoin into the financial system.
Bitcoin Fork Proposal: Advocate for a fork of Bitcoin to address concerns about CIA interests in the original protocol. Present technical and security arguments for the fork to the Bitcoin community and developers.
Community Engagement: Engage with the cryptocurrency community to support and facilitate the fork. Ensure alignment with broader economic and security objectives.
5. Abolishment of the Federal Reserve
The Federal Reserve is a creature of Congress. It was created by Congress and it can be destroyed by Congress.
Objective: Eliminate the Federal Reserve System and transition to a new monetary authority.
Steps:
Legislative Drafting: Prepare a comprehensive proposal for the abolishment of the Federal Reserve. This includes transitioning responsibilities to a new or restructured monetary authority.
Congressional Support: Secure support from key legislators and financial experts. Present the proposal to Congress and address potential concerns and objections.
Transition Plan: Develop a detailed plan for the transition, including the transfer of responsibilities, management of existing financial assets, and ensuring continuity of monetary policy.
6. Implementation and Monitoring
Objective: Ensure the successful implementation of the plan and ongoing oversight.
Steps:
Operational Oversight: Establish a task force to monitor the execution of the special operation, the transition to a Bitcoin-backed dollar, and the dissolution of the Federal Reserve.
Reporting: Provide regular updates to Congress and the public on the progress and outcomes of each initiative.
Adjustment and Response: Be prepared to adjust strategies based on emerging threats or operational challenges.
Resources:
https://www.cato.org/publications/commentary/anyone-needs-audit-its-federal-reserve