It's a century later, but the financial crisis is the same
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Saint Paul, MN
#1 Apr 4, 2009
In 1907 JP Morgan created the crisis by pulling in the loans. He wanted more control over money as only Congress was authorized to create money. This rattled congress and the bankers spent years lobbying for a way to prevent this from happening again. By the Constitution, only congress can create money.
A conspiracy was set out by Bankers that met on Jekyll Island privately that wanted to create the federal reserve. These meetings were kept very quiet as noone knew about them until much later on. Anyways, on December 24th 1913 while much of congress was on their way back home, the bankers pushed through congress a bill on the 24th that created the federal reserve and authorized them to create money. Look on your dollar bills it says "Federal Reserve Note".
The federal reserve is owned by, yes, you guessed it - A few private banks - JP Morgan, Citibank, etc.
YES, OF COURSE THE FED IS GOING TO BAIL OUT ALL THE BANKS THAT ARE ESSENTIALLY BANKRUPT, BECAUSE THE BANKS OWN THE FED - HOW ABOUT Twincities.com REPORTING ON THIS!!!
Look into this, it is the big banks and the federal reserve that are the problem. Prior to this we had stability. After, nothing but chaos in the banking system, business cycle, inflation, wars, depression - all because of the banks!!!
In the words of the bankers "Who cares about making laws, as long as you control the money, you control the country."
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