Breaking the conspiracy of Silence—–Part 2
By Zubair Arif
Evolution of Banks in America and their subsequent enslavement.
America, like many other countries in the world used to deal in Gold and Silver as their currency. Trade, business, families and life were moving along. Americans in midst of all this witnessed a new kind of institutions which they were not usually familiar with. These institutions called themselves as ‘banks’, and called people to deposit their gold in their safe deposits in return of equivalent amount of receipt, for example for 50 gold coins, a receipt of 50 gold coins and so forth. They called People towards using these receipts in their transactions so that they would not need to carry gold along with them. They assured people to safeguard their gold for a little charge. People could withdraw the gold any time they wanted as they hold the receipts or banknotes as they called them. Everything was going stable and people had started dealing in these receipts until suddenly, the banks ludicrously started to issue more receipts, receipts which had no gold behind them and thus can be rightly termed as ‘fake receipts’. It was when the bankers saw that people got too much involved in using these receipts (banknotes) in their transaction and rarely anyone approaches them for gold so they started to spread in market receipts more then the gold they had with them. Historical Books do mention the act of issuing more receipts at that time by the banks but erroneously does not mention the evil outcome it had, and thus we need to ponder over it by our own reflection and understanding. When receipts which had no gold behind them were spread in market and people were accepting and using them in transactions thinking that these receipts have Gold behind them which they can withdraw anytime, it was a great fraud which they were going through, as the bank had no gold in equivalence of the far more receipts which were being used in transactions. They were made to deal in ‘fake receipts’ which soon led to the occurrence of collapsing of various banks, or termed as ‘run of the banks’. It happened as and when at a particular point of time a quite large number of people would gather to withdraw their gold and the banks had shortage of them and it would lead to the collapsing of bank with peoples condition left in ruin as they had to return empty handed, with the harsh truth of the theft of their wealth as can be rightly termed.
And this is how these types of banks brought in the concept of paper money and it is from banks only the idea of using these papers in transactions spread among people, which at first were receipts against the gold deposited in banks. As some banks started to collapse, it led to the loosing faith of people in banks to secure their wealth, and the bankers envisaged a new plan to secure the trust and faith of people, and to continue collecting the gold of people in their deposits in return of the banknotes. They devised a new way in which some banks came together and jointly formed a combined back, which would carry on the task of providing funds to the local banks to prevent them from collapsing. It would provide them with dual benefit, one of preventing the banks from collapsing and secondly and more importantly it would secure the faith of the people in banks, provide them with notion of security of their wealth in banks. With this enchantment came into being, ‘The Federal Reserve’ on December 23, 1913, and astoundingly in no time a bill was made to be passed by congress which gave federal reserve the sole right to control and issue the American Currency. It is such a vicious system that the American government has no right and cannot issue its own currency and if it wants any it has to take loan from a privately owned bank, the Federal Reserve, and pay interest for thus. For every single dollar that America needs, it is depended on a private bank owned by few people. Today, the condition of American government is that it has become bankrupt, stuck in shackles and fusions of huge sums of loan which they pay year after year and more astonishingly they end up paying only the interest, leave alone the principle amount.
It is not that no American understood this system to be vicious and the game of fake receipts and the deceptive objectives these banks were trying to achieve. When the first central bank of United States was formed in 1791, it was strongly opposed by the third president of America, Thomas Jefferson and he made to its destruction by 1811. Thomas Jefferson said these words in opposition to banks:
“If the American people ever allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continents their fathers conquered”.
“I place economy among the first and most important virtues and public debt as the greatest of dangers to be feared. To preserve our independence, we must not let our rulers load us with public debt…”
In 1816, a second bank of America was formed and remained on charter for 20 years; President Andrew Jackson was opposed to it and did various doings against them. In 1834, there was an attempt made to kill Andrew Jackson which left the President wounded but yet he remained dedicated to the opposition entire his life. President Abraham Lincoln after thirty years also started strongly opposing the banking power but was assassinated. Abraham Lincoln said:
“The money powers prey upon the nation in times of peace and conspire against it in times of adversity. The banking powers are more despotic than a monarchy, more insolent then autocracy, more selfish then bureaucracy. They denounce as public enemies all who question their methods or throw light upon their crimes. I have two great enemies, the Southern army in front of me and the bankers in the rear. Of the two, the one at my rear is my greatest foe…”
James Garfield after he became president was also standing against the banks and entered the list of those assassinated Presidents. Same was the case with President John F. Kennedy who opposed and was assassinated in 1963. Ronald Reagan opposed and an attempt of assassination was made in which he survived. Since then no president has ever opposed the private central bank and Federal Reserve is yet into play.
It was till how the banks brought in the concept of paper money being used in transactions and subsequently how after formation of a central bank they took over the sole right of issuing those paper notes which were being now widely used in transactions. The next step they did in 1933 when they just stole away the people of gold by making a law to be passed, the law which required all Americans to stop dealing in gold and to give all their gold coins, gold bullions to Federal Reserve. Any violator was would be fined $10,000 or an imprisonment for 10 years or both. Americans were provided paper money in return of gold on $20 per ounce. As some time passed the use of Gold was again legalized but the price at which the Federal Reserve sold it now was at $35 per ounce. In other words, the 20 dollar for which people sold the gold, the same 20 dollar is now providing them with less Gold and hence almost half of their Gold was stolen on spot by just decreasing the value of paper notes by Federal Reserve. As the spread of paper money had become wide, most of the people used to deal in paper money and steadily they again made the people of America deposit their gold with them and legalized the use of paper money alone.
America today though seemingly looks glittering for the people of the world but in reality is entrapped in huge sums of debt with no vision of end to it in future. Though they speak of freedom, but every single American is enslaved and born in slavery, slavery to pay to IRS sums of their earned money which the American government uses to pay the loan of Federal Reserve. People work their blood out to earn for their butter and bread and yet a part of it is taken by government to pay the loan they owe to Federal Reserve. This is a big injustice and enslavement of people, a form of slavery people stuck into. The void paper currency with loads of its flaws are no solution for a better economy, the banking systems based on interest are yet another void idea to think about, the dazzling outward look of America deceives the people but insight look proves their bankruptcy and enslavement to Federal reserve which must prove a food of thought for the world to not take their system as their guiding light, to put an end to interest and paper based economy, and take all measures and ways they can to achieve a better economy which in no way can be based upon the model of American system.
In this article we talked about how gold currency changed into paper money in America. In next Articles we will talk about how this motive was achieved in rest of the world and how their gold, the real wealth was taken and kept in the hands of few conspirers.
The banks that started to sow roots in America where the agents and forefronts of a Jewish family named Rothschild. They have a direct and indirect control over Federal Reserve and the gold reserves of the world are with them. They are the tycoons who spread this system not just in America but in almost whole of the world. Today, the net worth of this family is estimated to be between $100 and $300 trillion. These are people whom we usually do not see in media, who are they? We will also talk about them in coming articles In Sha Allah.