scousekraut

Bear Stearns’ Bailout by the Fed, JPM: A Century Old Conspiracy

The National Debt is not 2 per cent of GDP it is over nine trillion dollars and does not include future commitments of over 40 trillion in social benefits. Total debt in the USA including corporate and consumer is about 53 trillion.

Lincoln initially went to Wall Street to ask the bankers for money to finance the war and they wanted outrageous interest rates. He declined, asked for advice, and decided to print his own money interest free. These note were green on the back and became known as Greenbacks. A few days after the end of the Civil War he was shot and died of his wounds. Evidence points to the Rothschilds as being behind it.

And they, through their network in Wall Street and Washington, were behind JP Morgan, - a Rothschilds agent - , the banking collapse of 1907 and the Federal Reserve.

The Federal Reserve Act was written before the meeting on Jeckyll Island mostly by Paul Warbourg of Kuhn and Loeb. The meeting in 1910 was to decide how to get the bill passed. It failed the first time under Republican sponsorship and so they got a couple of Democrats to sponsor it, reorganised it and rebranded it as a bill to control the bankers on behalf of the people.