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Money, money, money



The Federal Reserve. Out to destroy the economy now? Its paper money system is another big business product no one thinks about

Money is a commodity that is known to be both a blessing and a curse. Many decent souls have compromised their integrity over the want of things it supplies and the power it births. And many well-intentioned politicians have sold their constituents down the river all for the fictitious lure of its promise to provide what is good. For them, the biblical principle of the love of money being the root of evil seems to hold true. There is an old truism that states: “Follow the money” when searching for the root of corruption. It was true back in biblical times when Jesus turned over the tables of the money changers in the temple and it is true now.

The Founders tried to forestall paper money

General George Washington resigns his commission. Would Obama ever voluntarily resign such a commission? Also: President Washington warned against paper money.

General George Washington resigns his commission as Commander-in-Chief of the Continental Army. Portrait: John Trumbull.

Our Founders feared the allure of money and the power that sometimes accompanies it to be a never-ending threat to our Constitutional Republic. As a result, they did their best to ensure that the nation would not turn to printing money as its accepted form of currency. George Washington said:

If ever again our nation stumbles upon unfunded paper, it shall surely be like death to our body politic. This country will crash.

Washington understood the pitfalls of printed money that was not backed by a gold or silver standard. Thomas Jefferson’s sentiments seemed almost prophetic in nature when he stated:

If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks…will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered…

He also said:

Paper is poverty. It is the ghost of money and not money itself.

Washington, Jefferson, Adams and Franklin warned about the currency system that we have adopted, but they were not alone in their fight to maintain the value of our money. Some even believed that the prime reason for the Revolutionary War was King George III’s and the international bankers’ refusal to let the Colonies continue to have the power to issue their own money. Franklin attributed the prosperity of the Colonies to their sober issuing of money based on a true standard of value. When questioned about the economy he said:

In the colonies we issue our own money. [We call it] Colonial Scrip. We issue it in proper proportions to the demands of trade and industry.

Alexander Hamilton did not heed the warnings

Alexander Hamilton, who brilliantly explained the Commerce Clause. He also saw the danger in a man without a theory. He is a prize example of American exceptionalism and the statesmanship that produced it. And also such things as the electoral college. Sadly, he also founded paper money, the bane of a free republic.

Alexander Hamilton. Portrait: Ezra Ames

Unfortunately, Alexander Hamilton did not share Franklin’s ideas about money and he founded the first national bank that had debt attached. This system led to a national depression and many believed it was the basis that started the War of 1812.

Presidents who tried to fight against paper

Andrew Jackson

Several presidents found themselves locked tight in battle with the international bankers, including Andrew Jackson, who said: “The Bank is trying to kill me – but I will kill it!” Later he said “If the American people only understood the rank injustice of our money and banking system – there would be a revolution before morning…” Unfortunately, the American people didn’t understand back then, just as they don’t understand now.

James A. Garfield

President James A. Garfield also understood this problem and strongly opposed the nationalization of a banking system. He said:

Whoever controls the money in any country is absolute master of industry [legislation] and commerce. And when you realize that the entire system is very easily controlled, one way or another by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.

He was shot just a few weeks after making this statement.

Abraham Lincoln

Abraham Lincoln, 150 years ago. Was he old and confused? He also stood against paper money.

Abraham Lincoln. Daguerreotype: Alexander Gardner, November 8, 1863.

Two other presidents that opposed the international bankers and a debt/interest system were John F. Kennedy and Abraham Lincoln. . Lincoln fought with Congress about borrowing money from international bankers to pay war debts, instead he fought for the Greenback Law. He said:

The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. By the adoption of these principles, the taxpayers will [save] immense sums of interest. Money will cease to be master and become the servant of humanity.

The Greenback Law was quickly repealed after his assassination, and an interest-bearing debt-laden system was reinstituted.

John F. Kennedy

On June 4, 1963, President Kennedy issued Executive Order 11110 that called for the issuance of debt and interest free new currency. It was to be distributed through the U.S. Treasury and not the Federal Reserve. Kennedy was assassinated a few months afterward. And once again, the debt-free and interest-free system was revoked.

Woodrow Wilson betrays his trust

This is what our money looks like. Not a pretty sight.President Woodrow Wilson did not share the courage of these men and succumbed to the international bankers quest to take over our debt-free system and place it in private hands. He signed the Federal Reserve Act on December 23, 1913, which his predecessor, Theodore Roosevelt, strongly opposed. Roosevelt said: “Issue of currency should be lodged with the government and be protected from domination by Wall Street…”

Wilson’s remorse

A few short years later, Wilson would come to agree with Roosevelt. He said:

I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are 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 civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.

Of course by then it was too late. For he had done the damage. Even the best efforts of President Kennedy did not suffice to reverse it.

The battle is far from over

However, the battle for America is far from over. You can be sure that the international bankers, including George Soros and his large-eared puppet, will stop at nothing to maintain their source of power and money. America’s shadow government may have many demons, but none have been around for as long as the international banking cabal. So, while the stock market soars and the international bankers scheme, President Trump continues to carry our banner. May he stand strong, and may God protect him. And may he not share the fate of those who dared to stand against the international bankers.

Reprint from The Daily Rant, copyright 2017 Mychal Massie, by permission

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RoseAnn Salanitri is a published author and Acquisition Editor for the New Jersey Family Policy Council. She is a community activist who has founded the Sussex County Tea Party in her home state and launched a recall movement against Senator Robert Menendez. RoseAnn is also the founder of Veritas Christian Academy, as well as co-founder of Creation Science Alive, and a national creation science speaker.

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