posted on Mar, 23 2008 @ 09:40 AM
The Great Depression was planned after 1913. In 1920-1921 was a practice Depression getting ready for the big one set in 1929. The Roaring 20's
were set up to lure Americans into the stock market, with distractions and good times etc....taking their mind off common sense. In 1927, here is
the true value of meticulous research...
1907 - The International Bankers organized the Wall Street Panic in order to reimburse themselves for the money spent in connection with the Russian
wars and revolutions. They were also financing the preliminary stages of the Chinese revolution which broke out in 1911. [Pawns in the Game; page
1909 – Meeting of The Carnegie Endowment for International Peace, quoted from the minutes of the meeting. “The trustees of the Foundation brought
up a single question. If it is desirable to alter the life of a single people, is there any means more efficient than war…. They discussed this
question…… for a year and came up with an answer: There are no known means more efficient than war, assuming the objective is altering the life
of an entire people. That leads them to a question: How do we involve the United States in a war?
[Written by former U.S. Congressman Norman Dodd, testified that he was invited to study the minutes of the Carnegie Endowment for International Peace:
Report from Iron Mountain, New York, Dell Pub., 1967].
November 1910 - Some of the vultures came together at the Jekyl Island Hunt Club on Jekyl Island, Georgia. What were they hunting? The biggest prize
of all, the absolute and complete control of all the money in America which meant control of all America and with it the power to make slaves of all
Those who attended were: Senator Nelson Aldrich (Nelson Rockefeller's maternal grandfather); A. Piatt Andrew, Economist and Assistant Secretary of
the Treasury; Frank Vanderlip, President of the National City Bank of New York; Henry P. Norton, President of Morgan's First National Bank of New
York; Paul Moritz Warburg, a German who was partner in the New York banking house of Kuhn, Loeb Co.; Benjamin Strong, an aid to J. P. Morgan.
Paul Warburg was credited as the architect of the bill, which was passed by Congress and signed by traitorous Woodrow Wilson. It was entitled the
Federal Reserve Act of 1913. America once again had a central bank but this time they had placed America under an absolute dictatorship. President
James Garfield had insight into this situation:
"It must be realized that whoever controls the volume of money in any country is absolutely master of all industry commerce."
1913 - Federal Reserve Act put into law by Rockefellers on Dec 24 1913. The Act was passed by congress to set up a privately owned "central bank".
Paul Walburg is the first chairman. The Federal Reserve (neither federal nor a reserve) is created. It was planned at a secret meeting in 1910 on
Jekyll Island, Georgia by a group of bankers and politicians, including Col. House. This transferred the power to create money from the American
government to a private group of bankers. It is probably the largest generator of debt in the world.
18 May 1920 - The Federal Reserve Board held a secret meeting, to plan a depression. Large banks began calling in loans, causing stocks to drop from a
high of 138.12 in 1919, to a low of 66.24 in 1921. When the value of government bonds plummeted, they were forced to call in even more loans. When
thousands of the banks' customers could not pay their notes, the banks seized their assets.
1928 - “Without the capital supplied by Wall Street, there would have been no I.G. Farben in the first place, and almost certainly no Adolf Hitler
and WWII.” (Historian Anthony Sutton; “Wall Street and the Rise of Hitler”, 76 Press, Seal Beach, Ca. 1976; page 33). NOTE: So, in short, the
major source of Hitler’s financial power came from the chemical Cartel called I.G. Farben. The most interesting part of this little bit of trivia
is that I.G. Farben had a little known source of its financial power: our very own, Wall Street.
1928 - The House hearings on the Stabilization of the Purchasing Power of the Dollar, revealed that the Federal Reserve Board had met with the heads
of various European central banks at a secret luncheon in 1927 to plan what they believed may be a major crash.
Note: Robert Mundell, winner of the 1999 Nobel Prize in Economics, has argued that bungled monetary policy in the late 1920’s and 1930’s caused
chronic deflation that destabilized the world. He has argued, “Had the price of gold been raised in the late 1920’s, or alternately, had the
major central banks pursued policies of price stability instead of adhering to the gold standard, there would have been no Great Depression, no Nazi
revolution, and no World War II. (R.A. Mundell, “A Reconsideration of the Twentieth Century,” American Economic Review, vol. 90, no. 3 (June
2000), pp 327-40)
6 February 1929 – The Federal Reserve reversed it’s monetary policy by raising the discount rate following a trip to the United States by Montagu
Norman, head of the Bank of England, to meet with Andrew Mellon, the Secretary of Treasury
March 1929 - Paul Warburg had issued a tip in, “Illuminati members”, who knew what the future held, got their money out of the stock market,
reinvesting it in gold and silver. In the year before the crash, 500 banks failed.
When the Federal Reserve System was foisted on an unsuspecting American public, there were absolute guarantees that there would be no more boom and
bust economic cycles. The men who, behind the scenes, were pushing the central bank concept for the international bankers faithfully promised that
from then on there would be only steady growth and perpetual prosperity. However, Congressman Charies A. Lindberg Sr. accurately proclaimed:
"From now on depressions will be scientifically created."
"When everything was ready, the New York financiers started calling 24 hour broker call loans. This meant that the stockbrokers and the customers had
to dump their stock on the market in order to pay the loans. This naturally collapsed the stock market and brought a banking collapse all over the
country because the banks not owned by the oligarchy were heavily involved in broker call claims at this time, and bank runs soon exhausted their coin
and currency and they had to close.