1. Overview
   
2. I The Question
   
3. II The First Event: The Sixteenth Amendment
   
4. III The Second Event: The Seventeenth Amendment
   
5. IVa The Third Event: The Federal Reserve Act
   
6. IVb The Federal Reserve Act: Effect and Antidote
   
7. V Astonishing Quotations
   
8. VIa Destination Disaster: Where Are We Headed
   
9. VIb Destination Disaster: Some Fundamentals
   
10. VII Remarkable Remedy: Simple Solution
    
    

This Page: V Astonishing Quotations

1. John Maynard Keynes
   
2. Rt. Hon. Reginald McKenna
   
3. Baron Nathan Meyer de Rothschild
   
4. Sir Josiah Stamp
   
   

We will not be able to hold our politicians accountable until we get rid of the Fed.
-- Howard Phillips Chairman, Conservative Caucus

Remarkable Remedy

Jean Carpenter

V Astonishing Quotations

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John Maynard Keynes, the famous economist who fathered our present economic system, alleged that Lenin was right. He wrote in The Economic Consequences of the Peace, 1920:

By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process en-gages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.

Authenticity of the next three quotes has not been verified. Indeed, the last two are impossible to verify. They are admittedly hearsay. But we include them, because they speak truth and could well be authentic.

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Rt. Hon. Reginald McKenna, Midland Bank of England, England's Secretary of the Exchequer, 1920, is alleged to have said this:

Those who create and issue money and credit direct the policies of government and hold in the hollow of their hands the destiny of the destiny of the people.

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It is reported that during a party at his mansion, Baron Nathan Meyer de Rothschild arrogantly exclaimed:

I care not what puppet is placed upon the throne of England.... The man that controls Britain's money supply controls the British Empire, and I control the British money supply.

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In the course of an informal talk to 150 history, economics, and social science professors of the University of Texas, in the 1920s, Sir Josiah Stamp, British economist and author, President of the Bank of England (reputed to have been the second wealthiest man in England) is reported to have said:

The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented.

Banking was conceived in iniquity and born in sin. ... Bankers own the earth. Take it away from them but leave them the power to create money, and, with a flick of a pen, they will create enough money to buy it back again. ... Take this great power away from them and all great fortunes like mine will disappear, and they ought to disappear, for then this would be a better and happier world to live in. ... But, if you want to continue to be the slaves of the bankers and pay the cost of your own slavery, then let bankers continue to create money and control credit.

This is the monetary system that engulfs us today. It threatens our very existence. It is the critical link in the shackles of debt and oppression. Only when this key link is broken will the chain of oppression fall apart.

To continue: VI Destination Disaster: Where Are We Headed?