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Home: The Federal Reserve-How Did It Begin?  
 
 
The Glass-Steagall Act - Why Do People Want It Back?  
 
 
What Has Happened To America Since The Federal Reserve Act of 1913?  
 
 
How Bankers Make Money From Both Sides of a War  
 
 
Which Party Is Responsible for the National Debt?  
 
 
Bailouts-What Steps Lead Up To A Bank Bailout?

 
 
 
 
 
 

 
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How Bankers Make Money
From Both Sides of a War

Those who make profits from war manipulate governments to get into war. They promote the “patriotic”, “national defense”, “terrorism”, “liberate the oppressed” mantras, but their objective is private gain. This profit-making scheme is not new to our generation. It began in 1689, one hundred years before the first Napoleonic Wars. Here are some of the ways that global bankers make money from war:  
 
[1] From loans -- Once an excuse for entering a war is created, private bankers lends money to the governments of both sides who want to win the war. Bankers partner with other bankers, each funding a different side of the same war. They lend money to governments who want to win the war. From this lent money, they collect both principal and interest.  
 
[2] From creating money out of nothing -- In centuries past, rich families, such as the Rockefellers and Rothschilds, took opposing sides and lent the families’ actual money to the opposing governments who were engaged in the war. Now, however, when governments need money, they go to the Federal Reserve for a loan. The Federal Reserve, which doesn’t actually lend money, simply authorizes the governments to print the amount of money they need. Then the governments pay back the face value of the amount authorized to be printed to Federal Reserve with interest. There is no gold or silver backing to any of this printed money. As it often said, “They create money out of thin air.”  
 
[3] From guaranteed taxes -- Sometimes the lending agreement between the Federal Reserve and the governments include a provision to collect taxes to guarantee the repayment of the loan. In the case of the United State, the IRS was set up in the same year as the passage of the Federal Reserve Act, 1913.  
 
[4] From cornering one or more markets -- More important to the lending bankers are the exclusive governmental contracts that come with the loan agreements. This leads to cornering the markets (exclusive contracts) within weapons manufacturing, defense contracts, mining industry, security contractors, or any product or service needed to wage the war of the day. Old fashioned smuggling is still part of war today. As in the case of the current Afghanistan War, governments protect the opium fields in this country and close their eyes to the alarming quantities of this drug that are smuggled out. This opium, converted to cocaine, is then sold by those who profit from war. At the present time, more money exchanges hands in the cocaine trade than any other commodity worldwide. These bankers are not accountable to the people. They are a private entity that controls governments around the world by controlling the purse-string, granting or withholding funds depending of their own private agenda. Even with governments, “the debtor is slave to the lender.”  
 
[5] From the Fractional Reserve Banking Scheme -- It must be noted that the bankers do not have to HAVE the money to lend it. “Fractional Reserve Banking” allows bankers to lend money THEY DO NOT HAVE. This works on the very simple principal that they lend many times more money than they take in as deposits, knowing that only a few people will want to make a withdrawal at any one time. Until recently, bankers lent 10 TIMES what they had in deposits. Recently in Iceland, bankers lent up to 70 TIMES what they actually had. Using this Fractional Reserve Banking scheme, bankers are able to make profit from converting this debt into money.  
 
[6] From economic collapse -- It should also be noted that these same bankers make great profit from economic collapse. As a country goes bankrupt from the debt created by borrowing for war, the profit-makers buy up real estate and goods at pennies on the dollar.  
 
The unspoken objective is to create a perpetual income stream by creating perpetual war.

For more info, read "The Creature from Jekyll Island" by G.E. Griffin
 

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Articles on the Federal Reserve System and Related Issues
by Dusty Foster -- penknife101@yahoo.com