6139008-History-of-Money

All of them are masters of disguise. Even nationalization has not stopped Bank of England stock holders from receivingtheir dividends, nor stopped the bank from keeping 75% of its profit, while writing off the 25% it pays to the Treasury ascorporation tax (Bank of England Act 1946).Irving Fisher: "Thus, our national circulating medium is now at the mercy of loan transactions of banks, which lend, notmoney, but promises to supply money they do not possess." And charge us interest on it!In fact, when governments borrow, the privately owned Federal Reserve now promises to tax you and usesyou as the collateral against which it issues the Federal Reserve Notes and cyber money!!!My taxes go to pay for government services, right? Wrong once more! You thought you were paying taxes toget Government services but most of the taxes go to pay the interest on the government debt owed to theprivately owned Federal Reserve Bank who were allowed to create the money from NOTHING and lent it togovernments!!! (Some have been dreaming of turning “lead into gold”, well, these banking dynasties have turned“paper” into gold!). In other words, the IRS is a collection agency working for the private owners of the Federal ReserveSystem who have the power to create money out of nothing and lend it to the Government at interest. More details onthis later. And YES, the FED is privately owned but camouflaged behind a public government appearance! Andthe private Fed cannot be fully audited by anyone and pays no taxes. A lot more details on this later and alsoin the other sections and appendixes and references listed in this book.Note: These comments were presented at the Close of the Citizens' Truth-In-Taxation Hearing.Washington D.C.,February 27-28, 2002: IRS is a Trust Headquartered in Puerto Rico Not a Federal Agency The IRS is technically not an"agency" of the federal government, as that term is defined in the Freedom of Information Act and in the AdministrativeProcedures Act. The governments of the federal territories are expressly excluded from the definition of "agency" in thoseActs of Congress. See 5 U.S.C. 551(1)(C). All evidence indicates that they are a money laundry, extortion racket, andconspiracy to engage in a pattern of racketeering activity, in violation of 18 U.S.C. 1951 and 1961 et seq. They appear tobe laundering huge sums of money into foreign banks, mostly in Europe, and quite possibly into the Vatican. See thenational policy on money laundering at 31 U.S.C. 5341 . Do federal income tax revenues pay for any government servicesand, if so, which government services are funded by federal income taxes? Answer: No. The money trail is very difficult tofollow, in this instance, because the IRS is technically a trust with a domicile in Puerto Rico. See 31 U.S.C. 1321(a)(62).As such, their records are protected by laws which guarantee the privacy of trust records within that territorial jurisdiction,provided that the trust is not also violating the Sherman Antitrust Act. The final report of the 1984 GraceCommission, convened under President Ronald Reagan, quietly admitted that none of the funds they collectfrom federal income taxes goes to pay for any federal government services. The Grace Commission found thatthose funds were being used to pay for interest on the federal debt, and income transfer payments tobeneficiaries of entitlement programs like federal pension plans."100% of what is collected is absorbed solely by interest on the Federal Debt ... all individual income taxrevenues are gone before one nickel is spent on the services taxpayers expect from government."-Grace Commission report submitted to President Ronald Reagan - January 15, 1984Note that the money that is used to pay the interest in addition to the capital is only created when more borrowing takesplace or when the banks acquire services with the interest that you paid, i.e. we are working for the bank owners whoissued the money from nothing! How did the banking cartel usurp the right to issue money from the people’s sovereigngovernment? By the Federal Reserve Act of 1913 passed under the supervision of Woodrow Wilson. Listen to his words afew years after he signed the Federal Reserve Act: Woodrow Wilson: “I am a most unhappy man. I have unwittinglyruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. Thegrowth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worstruled, one of the most completely controlled and dominated Governments in the civilized World no longer a Governmentby free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion andduress of a small group of dominant men.Private Central banks have not always existed(Fractional Reserve Banking was decentralized)In early economies, governments would supply currency byminting precious metals with their stamp. No matter what thecreditworthiness of the government, the worth of the currencydepended on the value of its underlying precious metal. A coinwas worth its gold or silver content, as it could always bemelted down. A country's worth and economic clout was largelyto its holdings of gold and silver in the national treasury.Monarchs, despots and even democrats tried to skirt thisinviolate law by filing down their coinage or mixing in othersubstances to make more coins out of the same amount of goldor silver. They were inevitably found out by the traders, moneylenders and others who depended on the worth of thatcurrency. This is the reason that movies show pirates andThe Hidden History Of Money & New World Order Usury Secrets Revealed at last! Page 75