The local chiefs agree to meet us but they refuse to be filmed. Many of these men have international warrants for their arrest. They call these Rwandan rebel the Interahamwe. These are the people who committed the Rwandan genocide in 1994. 800,000 Tutsis were massacred by Hutu militias. When the situation was revered, tens of thousands of Hutus had to cross the Congolese boarder for fear of being massacred by the Tutsis. Among them were militia men of the former Rwandan regime, and the soldiers who had carried out the genocide. An army in full flight crossed into Congo with their weapons and supplies. These are the people we’re meeting today. We’re carrying a hidden microphone.

If the big brands are so sure of themselves, they must supply the evidence that their mobiles are not helping make the conflicts worse. They must supply evidence that they’re not sourcing their minerals from the conflict zones. In oyr conversations with company bosses, they have never been able to show evidence that effective controls are in place.

Blood coltan still exists. I’m holding a mobile phone. And I know that the microprocessor it contains uses coltan. And if this coltan has been obtained at the massacre of 10 or 20 villagers through slave labor, the suffering of children forced to work in the mines by the armed militia. This is immoral. All this violence, all this blood, to get your hands on precious materials that our lord implanted in our Earth.

John was the most charismatic of the presidents and had great support from the American people. And he felt he could defy the international bankers and get away with it. He wasn’t just killed because he was favoring some rights for black people. The president has power to just, with an executive order, make a law. Executive order 11110, signed into law early 1963. Where with the stroke of his pen he took away the power of the Federal Reserve to print the money. He put 4 billion dollars into circulation in 2 dollar and 5 dollar denominations, but all 4 billion was backed by silver. Six months later, like it was with Lincoln, he was shot down in Dealey Plaza. You see, the international bankers must not be defied, because they run presidents and kings.

Rothschild claimed to be Jewish. Not the nationality of a Jew, but Jew in terms of belief in God, and a follower of Divine Revelation. But was Mr Rothschild a moral man? Here’s a man that had five sons. And he sent his five sons into five countries. One son went to England, one son to France, one to Austria, one to Italy, and another remained in Germany with the father. And from these sons, and the money that these sons had, they worked and maneuvered, and manipulated until they gained control of the central banks of England, France, Austria, Italy, and Germany.

The control of these central banks went into the hands of individuals who’s interest were not necessarily in harmony with the best interest of that nation. These privately owned central banks became the printer of the money and the extenders of credit of that particular nation.

So government and politics… I wish the politicians, didn’t have to go. I wish the politicians, didn’t have to go, but I understand you’re very busy. Government and politics, in Europe, was always controlled by the money interest. Wars were fought, and in order to fight a war, governments had to borrow money. They borrowed money from these central banks. The central banks waxed rich, because they loaned money and charged interest, then took over when one side, prevails, against the other. And when governments could not satisfy the indebtedness, then some of the natural wealth of that country flowed to the bankers. They would loan money to both sides in the conflict. Cause they really didn’t care, who won, or who lost.

I mean its hurtful, but a Jew Rothschild, loaned money to Adolf Hitler! A Jew, Rothschild. God-dammit, you better not open your mouth to call me no anti-Semite! Rothschild, and Paul Warburg loaned money to Hitler. Hitler killed little Jews, while Rothschild and Warburg stayed in the finest hotels in Europe. But damn it, if you can’t call Rothschild anti-Semitic and Warburg an anti-Semite, they don’t you open your mouth against me!

In a book titled, “None Dare Call It Conspiracy,” by Gary Allen and Larry Abraham on page 45 the question is asked, where do governments get the enormous amounts of money that they need? Most of course, comes from taxation. But governments often spend more than they are willing to tax from their citizens, so governments are forced to borrow.

The public is lead to believe that the government borrows from the people through savings bonds. Actually, only the smallest percentage of the national debt is held by individuals in this form. Most government bonds, except those owned by the government itself through its trust funds, are held by vast banking firms known as international banks.

For centuries, there has been big money to be made by international bankers, in financing government, and kings.

Such operators, however, are faced with certain, thorny problems. We know that smaller banks operate to protect themselves by taking collateral. But, what kind of collateral can you get from a government or a king?

The process through which one collects a debt from a government, or a monarch, is not a subject taught in the business schools of the universities. And most of us, never having been in the business of financing kings or governments, have not given the problem much thought.

But there’s a king financing business. And to those, who can ensure collection it is a lucrative business.

An economics professor named Stuart Crane notes that there are two means used to loan governments money to governments and kings, and two means of collecting on that money. Whenever a business firm borrows big money, the creditor obtains an influence in management to protect its investment. Like a business, no government can borrow BIG money unless that government is willing to surrender to the creditor, some of its sovereignty.

Certainty, international bankers, who have loaned hundreds of billions of dollars to governments around the world, command considerable influence in the polices of such governments.

But the ultimate advantage, listen to this, that the creditor has over a king or a president, is that if the ruler gets out of line, the banker can fiance his enemy or his rival. Therefore, if you want to stay in the locative financing business of kings and governments, it is wise to have an enemy or a rival waiting in the wings to unseat every king or every president to whom you lend money. If the king doesn’t have an enemy, you’ve got to be able to create one.

Now I’m going to show you why America is in so much debt.

The founding fathers of this nation said they did not want private control of a central bank. Because to them such a bank would be the detriment of this democracy. Thomas Jefferson saw a privately owned central bank as worse than an opposing army. Thomas Jefferson wanted to keep America free, from those thing that lead to the destruction of many nations and governments, in Europe.

And so a privately owned central bank was unthinkable to the founding fathers of this nation, and therefore it was WRITTEN in the constitution that only CONGRESS should have the right to print the money and the instruments of credit.

The debt of America is so great, that greater hardship is not being planned by the government for the masses of the American people in order to make America solvent.

Did you know, that from 1900 to 1913, the federal government had a very manageable debt into the millions of dollars? But in 1913, something happened. Four things were set up in the year 1913. First, the Federal Reserve Bank; the IRS, the FBI, and the Anti-Deformation League of Beni-Brath. All were set up in the same year. Is that a coincidence? Or is there a tie-in? I don’t have time to go into all the details. But by the Help of Allah, I’ll do that in further whitings, if it is the Will of Allah.

But its enough to say that two German Jews, Paul and Felix Warburg, and the international bankers of Europe, wined and dined a Senator named Nelson Aldrich, who was the maternal grandfather of Nelson Aldrich Rockefeller. And they wined and dined him for two years, showing him the central banks of Europe. Senator Aldrich came back to America, and was given the job of being a part of the national study of the national monetary system.

Nelson Aldrich, with Paul Warburg, had a secret meeting in Jekyll Island – off the coast of Georgia. And in that secret meeting, what came out of it was the basis of the Federal Reserve Act.

They tried to get it through Congress, under the name, the Aldrich Federal Reserve Act. But since Aldrich was so tied to the international banking system, the members of congress, under the leadership of President Taft, they voted it out.

So they went back to the drawing board and they redid it, and they pushed it through on December 22, 1913, just as Congress was about to break for the Christmas recess. Wanting to get home quick, they pushed it through, and the Federal Reserve Act became law.

But in 1912, there was a great presidential election, where William Taft was challenged in his own party by Teddy Roosevelt. Both Roosevelt, was financed, by some of these international bankers. They hated Taft for his derailing of the Aldrich Federal Reserve Act, so they wanted to get at Taft. But they felt that a Republican shouldn’t bring this Act before Congress; it would be better if it came through a Democrat.

So the same bankers put money behind Woodrow Wilson, and Woodrow Wilson sold the American Presidency to the international bankers. He was elected in 1912, and in 1913 the Federal Reserve Act became law. And the Central Bank of the United States was taken over by a group of private banking institutions. Then, somebody else began printing the money. Like Rothschild said, he don’t care who rules as long as he controls the purse strings.

In 1913, America, was not, yet, at war. In the last winter solstice of the six thousand year rule of the enemy, America was betrayed, by one of her Presidents, and one of her Senators, and one of her member of the United States Treasury.

Do you know why I’m teaching this subject on Jesus, cause after I say what I’m saying today, if I aint got a Savior, I’m sure going to need one, after I say what I say today. Let me just finish. Don’t be frightened for me. You better be frightened for yourself. Because some stuff is going down in America, right now, as we speak and that all our lives are in DANGER right now. And I’ve got to sound the alarm, brothers and sisters.

I DON’T CARE NOTHING ABOUT MY LIFE! ITS YOUR LIFE THAT I WANT TO SAVE!

Listen. Now that, the bank that prints money is in the hands of private interest, the idea is, to push up, and inspire the government to borrow. How do you do it? Get America into WAR! The war, in Europe, started in 1914, and by 1917, under a lie about the Lusitania being sunk by German subs, the American people were called into a war to end all wars.

Boy this is heavy man. I mean, you can’t believe, how wicked, how low down and rotten. Wait a minute, wait a minute, wait a minute. You can’t believe, how wicked these people are, to play games with your lives and the lives of your babies. Create a war just to, get more money, to charge more interest, and send your babies to die for a bullsh!t. [Applause] Excuse me, but bull-$h!t, is the dropping of a bull. Its BS, its lies, it deceit; and the American people went to war in 1917, and black people sued to become a part of the war. Because we didn’t want to be left out of America, so America signed us to fight the war! And black men died. But they don’t know what the HELL they were dying for, and neither did the white ones know what they were dying for.

But the man of sin gotta to be revealed. And I thank God, that HE put it in my heart. I don’t have no fear of those bastards! I want to expose them all! GOD is PRESENT! GOD is in the world! And I’m going to prove to you, by my LIGHT, that GOD HAS POWER TODAY!

From the time an American child reaches the 6th grade, they’re taught that the key to success in life is to do well in high school so that they can get accepted to the best possible college. The better grades they get in high school, the better college they will have an opportunity to get into. They are taught that if they get into a great college and get their college degree, any type of job they desire in the field of their choice will be there waiting for them. After getting their dream job they will be able to buy any car and house they desire, start their own family and live the American dream.

Most Americans today have an expectation of future economic success, simply by obtaining a college degree. The entire purpose of elementary school is to prepare students for high school. And the entire purpose of high school is to prepare students for college. In fact, the U.S. now has hundreds of college preparatory high schools that, at a cost of $25,000 per year, are suppose to increase students chances of getting into a top tier college. Students are taught to believe that if they don’t get into college, they will be on a path to nowhere and will have no chance of building a successful career.

Government regulations like no child left behind, have left grade and high schools in shambles. Instead of teachers having the freedom to think outside the box and use creative techniques to prepare their students for the real world, they are taught to be narrow minded and teach worthless information that will never help their students have successful careers. Today, their are no high schools left in America that teach students the knowledge necessary to start their own business, invent their own products, or even how to use the internet and other free resources to become educated about things without attending college.

The annual cost to attend the average four year college in America today is $27,293, up 29% from 5 years ago during the 2005/2006 school year when the annual tuition cost $21,235. This does not include the price of text books, which have tripled over the past decade. Colleges are now charging $200 for each single text book that has no resale value because they put out new slightly revised versions with a new name each year. The text book publishers are even colluding with college book stores to make custom text books, so that students can’t save money by buying them online. Colleges are getting kickbacks from publishers in order to destroy the used textbook market, which by itself is proof enough that college administrators are only interested in lining their own pockets, and have no interest in helping their students.

College tuition has seen 5.15% annual price inflation over the past 5 years. This is despite the fact that U.S. real estate prices are down 26% from their peak in July of 2006. And the Dow Jones is down 18% from its peak in October of 2007. Even oil is down 38% from its peak in 2008. During the financial crisis of 2008 Americans lost 10.2 TRILLION DOLLARS in paper wealth. And college is the only thing in America, besides the cost of health care, that did not at least temporarily decline in price.

Over just a 2 year period from December of 2007 to December of 2009, 8,363,000 jobs were lost. or 6.1% of total jobs. One year later, in December of 2010, thanks to the Federal Reserve and the U.S. government spending 4.6 TRILLION dollars in bailouts, stimulus programs and other government spending, 1,124,000 jobs in America, or 0.9% of total jobs had been recovered. That is over $4,000,000 spent for each job created.

During an economic downturn when Americans are losing their jobs, their primary instinct is to seek higher education in order to make themselves more attractive to potential employers and better position themselves to receive a job. However, how are Americans supposed to spend $27,293 per year for college when they have no savings or income to pay for it?

The U.S. government, with the backing of the Federal Reserve, in the same way they created the real estate bubble by providing mortgages to all Americans through Fannie Mae and Freddie Mac, regardless of whether or not they had any capacity to pay the loans back, has been using the exact same easy lending practices to create one of the largest bubbles in U.S. history, the college bubble.

College students borrowed $106 Billion in total student loans for the 2009/10 school year, up from $96 Billion in 2008/09, $94 Billion in 07/08, $87 Billion in 06/07, and $83 Billion in 05/06.

College Loan Breakdown
09-10 $106 Billion
08-09 $96 Billion
07-08 $94 Billion
06-07 $87 Billion
05-06 $83 Billion

Total student loan debt in the U.S. currently stands at $830 Billion and now exceeds credit card debt.

The U.S government has been trying for decades to make college more affordable, but its actions have accomplished the complete opposite effect. College is now impossible for most students to afford without getting deeply into debt to do so. All across the country Americans are graduating college, with mortgages before they even buy a house.

Back in the 1970s, the average college student was able to afford their college tuition without any student loans or help from their parents. They were able to pay for college by working a part time job year round or by simply working full time during the summer when they were off from school. Now only that, but they were also able to afford their own car payments and possibly a small apartment. The U.S. government destroyed this by providing easy student loans to anybody that applied for them without any credit requirements. Over the past decade, any 18 year old has had the ability to take out large student loans without even being asked if they have a job or what their high school grades were, what they intend to major in, or any other information that would help determine their future ability to pay back the loan.

Today two-thirds of students are graduating college with an average student loan debt of $24,000. And, the government is now making the situation many times worse by completely taking over the student load business. Hidden inside the recently past health care bill, the government passed a complete student loan overhaul, where they removed commercial banks from providing student loans to the students. Now, all students will receive their loans directly from the government at artificially low interest rates.

With all the modern technological advances the world has been experiencing in recent years, the cost of a quality education in America should be getting cheaper. It is now cheaper to purchase a plasma television or laptop computer than years ago because the government doesn’t subsidize purchases of these products. If there was a true free market in college education, colleges would be figuring out more cost efficient ways to educate students using modern technology in order to bring tuition down and compete against each other for the enrollment of students. By guaranteeing student loans and providing too much financial aid to students, the U.S. government destroyed the free market in college education.

One NIA member who is 50% owner of a private vocational school, tells us he is legally forced to raise tuition every time the government raises financial aid to students. The government’s 90/10 rule mandates that at least 10% of a private for-profit college’s income comes from non-federal government sources. Therefore private for-profit colleges must keep raising tuition to stay within the 90/10 rule. The government needs to get out of the education business completely and allow private banks to reenter the market and compete against each other in order to offer loans at reasonable interest rates to students who have the best ability to pay them back. The reality is, the majority of the students who qualify for loans today from the government would no longer qualify. But this will force colleges to either bring down their expenses in order to charge affordable tuition, or close their doors for good.

Colleges in America spent $10.7 Billion dollars on construction projects in 2009, down from an average $14.7 Billion spent per year from 2005 to 2007, but still very excessive. Colleges have recklessly spent to build new libraries, gyms, sports arenas, housing units, etc all for the purpose of impressing potential students and their families. None of these projects have added anything to the quality of education in the U.S. Many colleges have very large levels of debt they undertook to build new construction, with most college endowment funds being crushed in recent years due to collapsing real estate and stock market prices, many colleges have very poor balance sheets that won’t be able to withstand the slightest drop in enrollments.

Jocks. Grown up jocks. Excuse me, coaches now, ‘hey coach’, making millions of dollars. Well what does this have to due with education? What a waste. Two bit universities building baseball teams, football teams, basketball teams. For what? To entertain the kids? Yeah you can do this if you’re a very rich society and you have the money to waste. But not during a great recession, and not as the median household income of the country continues to decline. And not as you’re sending all of these kids to get degrees in worthlessness, because that’s what these universities degrees are, a lot of them. It’s a waste of money. It’s a waste of energy, and it’s an affront to anyone who really wants to think seriously about an education, because it has nothing to do with the NCAA.

Full Transcription

There’s a reason they call it a dream.
* Who’s there?
* Cock-a-doodle-do pal.
* No, no, no! I don’t have any more money! My job sucks right now. Please! I’ll have more money next month. You can’t take my house!
* Is that your signature?
*Okay. Well, just help me work something out, okay? I mean, you said I’m a good credit guy, right? I mean… Hey, wait! My dog is in there! No! Don’t take my Dream! Oh, how did this happen?
*Hartman? Is that you?!
* Been a long time since the fourth grade.
* Is that a time machine?
* There’s no need to concern yourself with my stunning accomplishments. Best get in. There’s not much time.
* I’ve got to go down to the bank and get my life back. They took everything.
* Oh, the bank ain’t gonna help you now. (?) the trunk. Extra set of balls. Put them on. You’re gonna need them.
* You’re gonna get my dream back?
* No, Pile, you are. I’m here to show you how.
* Submitted for your approval; one First National Bank. What is a bank, you ask? A curious place where both space, time and irony exist, and yet, don’t.
* Are you gonna be doing that the whole time?
* Pay attention, Pile. Exhibit A: those who have come to deposit and safely store their earned monies. Exhibit B: those who need to borrow said money for purposes unknown.
* Hey, that’s me!
* Ergo, exhibit C: the bank only has so much money in the vault to lend out to people such as you.
* Hey! Hey! That’s the guy. He took my house.
* Really screwing my vibe here, Pile. Space-time continuum – he can’t hear you. Just let me narrate. Now, where was I? So you see by the time he got to you, Pile, his bank was out of money.
* But he gave me lots of money and charged me a lot of interest.
* Yes, that’s the only way banks make money, by making debt loans. Debt = money, Pile. Remember that, debt = money. The more loans they make, the more money they make.
* But if they don’t have any money, then where did my money come from?
* You’re gonna wanna take a step back.
* Woah! No way!
* Yes way, and that’s nothing.
* Hey buddy, need some money?
* They didn’t do that!
* Oh, they did exactly that, Pile! Remember, banks make money by making loans, by selling debt. Even to bad credit risks.
* Yo, have some money, dude. Just sign here.
* Oh, my gosh!
* Mmm, they call it free money.
* Yeah, that’s exactly what my loan guy told me: free money.
* But it ain’t free. The worst part was offering money to people who don’t even need it. People, Pile, like you.
* You’re right, I didn’t need him. I was happy here. I didn’t need it. Why is he sad? He’s making all that money.
* Shhh… He’s thinking. Now wait for it… Now wait for it… Bingo! See, the bankers loan to everyone in town, but to make more money they have to loan even more.
* More? How much money do they need?
* More.
* AH! What’s that?!
* Behold, a black horse rideth! Credit cards!

* Wow, look! I mean it’s gonna be okay. Everything’s gonna be okay. What now?
* Now? Well, Pile, with all this money, we might as well party!
* Oh ho, this is awesome. I needed to get my head clear. When I get back I’m gonna straighten all this out. I just hope Dream is doing okay.
* Ben Bernanke! I’m going to get you, my pretty!
* Yep, he is. I’m sure he is.
* Mmm… You put it on his tab. Little something for yourself. Wait.
* You know, wait a second Hartman. I just thought of something. If I got this money from the bank, and the bank got it from the Federal Reserve dump trucks…
* Go on…
* …then where does the Federal Reserve get their money?
* Real nice time, ladies, real nice. Excuse me while I borrow these.
* Say, Hartman, why am I wearing a burglar bikini top?
* Because no one is allowed inside the Fed. Not you, not me, no American citizen, no duly elected member of our Congress, not the Supreme Court.
* Not the Supreme Court?
* Not the Supreme Court. Not the Justice Department, not the CIA, DIA, FBI, ATF, BTE, NBC. Not even G-O-D.
* How come the government isn’t allowed inside its own building?
* Government? Pile, the Fed is a private bank, owned by private stockholders. Do not let the name “Federal” fool you. This place is about as federal as Federal Express.
* A private bank? But… private?
* Shhh. Best to keep your voice down, Pile.

* This is Ethan, Federal Reserve.
* Hey Eth. Bill here, First National.
* Hi Bill, how are you?
* Good, good. We’re running a little low on money.
* No problem, how much do you need?
* Oh, how does 20 million sound?
* What?!
* Excellent, we will ship it over first thing tomorrow.
* Wait, he can just call up the Fed and ask for more money and they give them whatever they want?
* No, Pile, the Fed don’t give the banks money, the Fed loans the banks money. The banks have to pay it back with interest. Come on, time to go.
* Wait, wait, wait! I still don’t understand. Where does the Fed get their money? I mean, if they’re are private bank? You said they’re a private bank, right? OK, so who puts money into the Fed bank?
* This is Mel, United States Mint.
* Hi ya Mel. First National needs another twenty millis.
* We’re already running the presses full steam here, Ethan.
* Gotta keep making loans, Gotta keep the money flowing.
* All right, you’re the Fed. What ever you guys say.
* Twenty million more, by morning!
* But I don’t get it. What’s so wrong about the Fed printing money?
* Because it’s unconstitutional, Pile. Our treasury is supposed to create our money, but now the Fed controls the printing of America’s money. Nobody gets a friggin dollar that the Fed didn’t print.
* So?
* They print the money, then they loan it to the government, then they charge the government interest, and then the government taxes you to pay for it. Wake up, Pile.
* I don’t see what the big deal is.
* Mmm,.. You know, you’re right, Pile.
* Wait a minute. Wait… I am?
* Yeah! I forget how effective they are at keeping you ignorant.
* Oh, that’s okay. Hey, I’m not ignorant!
* Do you even know what money is, Pile?

* In the long, long ago, people bartered. They traded things they had for things they wanted. I’ll trade you my raspberries for that there pot pie.
* I don’t want your berries.
* Come on, Pile! They’re sweet berries.
* They’re not sweet, they’re old. And I don’t like berries.
* Give me that pot pie!!!
* No!
* As you can see, this bartering situation created some problems. Then one day, a goldsmith walked up and said:
* Now, everybody thinks gold is valuable so why doesn’t everybody trade gold for things they need?
* Price was set for gold and now it was very easy to conduct commerce because people could trade gold for all the things they needed.
* Hartman! Wow, look at all my gold! Hey, hey, stop them! That’s my gold!
* Damn thieves!
* Say there, Pile, I’ve got a vault and some guards. I can keep your gold safe for you for a small fee.
* Yeah, sure. That would be awesome.
* You see, Pile, this is how the first bank made money.
* There you go, Pile. I owe you 100 gold coins.
* Okay, great!
* Come back any time and redeem your gold when you want it. It’ll be right here, in my vault.
* Now you’re holding the very first paper money, Pile.
* Wow, this is great! It all makes sense.
* Oh, that’s right, it was good. Everybody started using I.O.U.s because everybody knew the I.O.U. was as good as gold.
* Wow, this candy is really a good price: one I.O.U. Hmm, I’m getting some more for later.
* Hey, wait a minute. It was just one I.O.U. Ten I.O.U.”s for chocolate? They can’t just raise prices like that.
* Oh, the candy man can.
* Wait, that is just friggin wrong.
* It’s called inflation, Pile. It makes your I.O.U.s worth less and less until they are worth nothing. Less bang for the buck, Dollar ain’t what it used to be.
* But I worked hard and I baked all those pot pies. Now I have to work harder to make less? That’s not fair!
* Oh, if you think that’s not fair, you’re gonna love the next part.
* What’s he doing?
* How do banks make money, Pile?
* Uhh, by making more loans?
* Oh that’s right, he’s good.
* You see, he prints more IOUs without any more gold, loans them out for interest, makes a pretty penny, and nobody is the wiser, unless everybody wanted their gold back at the same time.
* No, no, no. That’s my gold.
* Not anymore.
* What are you talking about?
* I’d like to redeem my IOUs please. Thank you very much.
* Hey! I want my gold back now! Thief! Thief!
* Gotta’ love the bank run; Bringing people together. See, they all found out he was stealing, made a run on the bank and demanded their gold. But as you can see, there ain’t no gold to get.
* Hartman!
* Don’t worry, Pile. Back in these times, vengeance will be yours.
* Three things in this world you don’t do. Never mess with another man’s woman. Never mess with another man’s ego. And most importantly you never mess with another man’s money. Else, the man will mess with you.
* My god, you hung him?
* Yes, Pile. Oh, we hung him. We hung him high! And do you know why?
* Well, because he was a thief?
* Because, Pile, an evil invention was born. Man discovered how to turn worthless paper into gold. Thus was invented the ultimate machine to steal real money and enslave all the nations on earth.
* It’s alive!
* Oh now, come on, you’re just being dramatic. I mean, I lost my house but…
* What is that? Explain.
* The nuclear power plant?
* Mmm, hmm. Produces lots of electricity and little pollution. An invention for the good of humanity.
* Okay, but what’s this have to do with…
* 3, 2… BOOM
*Holy!
* Atomic energy. A discovery more powerful than anything man had yet conceived. It can be used for good or evil. Now, unlike Einstein, the goldsmith’s discovery has been kept a closely guarded secret. It was never intended for you to see. This discovery is called fractional reserved banking. In the wrong hands, it’s more powerful than a nuclear bomb in its ability to completely and utterly destroy a nation who is subjected to its perversion.
* No. No, no, no, no.
* It is time we stop this evil secret and the men behind it…
* You’re being ridiculous.
* …before America is destroyed forever. Believe it, Pile
* No, no, no, no. I just want my dog back.
* Dammit! That’s it, I give up. Let them live in chains.
* No, Hartman. The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.
* Thomas Jefferson?
* Mr. President, how do I get him to understand?
* As we did, son. Remain vigilant. To many have hidden the truth and the light of our liberty dims with every passing day. Quickly, take my horse. Show him.
* Wait. Show me what? Where are we going?
* Away, stallion of liberty. Ride hard the holy wind.
* Oh, where are we?
* The Battle of Waterloo. Hold on. We gotta get through. The money machine. There it is!
* Hey, is that the same people?
* Rich banker men from Germany flying under the banner of the Red Shield. (Rothschild) They financed both sides of the war. We must hurry. That’s him, the Red Shield courier. Shoot him!
* No. I’m not shooting any one.
* Dammit, Pile.
* What?
* He beat everyone back with the news of the war and told England that Napoleon won. The Red Shield bankers of London pretended that England was doomed and started selling their English stocks. The English went into a selling frenzy to get rid of worthless English money.
* But, the English won, right?
* Of course they won. But it was a trick by Red Shield. They waited until the stocks plummeted to pennies and then bought England back back for nearly nothing.
* What? They did that? How?
* When the English leaders found out, they had no choice but to give themselves over to the Red Shield. Their money was gone and they were slaves to the Red Shield war debt. Since that time the English have been paying their national taxes directly to the Red Shield private bankers. The people have no idea. But the bankers bragged about what they did to us. Laughing at us all the way to the bank.
*Nathan Rothschild – Why it’s the best business I’ve ever done. If I can control a nation’s wealth, I care not who makes its laws.
* Oh, is this what Jefferson wanted to show me?
* No, Pile. Look.
* They’re in America too?
* The Red Shield banks are here, Pile, seeking a way to conquer our American Dream. The dream you had, Pile. A dream… of free men. They tried to take over our country many times and failed because Jefferson and the patriots vowed to stop the evil tyrants at all costs. By authority of eternal God he would not let the bankers win here.
*Thomas Jefferson – “To preserve our independence we must not let our rulers load us with perpetual debt. We must make our choice between economy and liberty or profusion and servitude.”
I place economy among the most important and republican virtues, and public debt is the greatest of the dangers to be feared. It is incumbent on every generation to pay its own debts as it goes.”

* We must have a central bank to secure this country’s finances!
*Thomas Jefferson – “If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of their property until their children will wake up homeless on the very continent their fathers conquered!”

* Jefferson, you’re mad! This country will have a central bank.
* Who’s that?
* America’s first Secretary Of Treasury.
* Alexander Hamilton?
* Not for long… Aaron Burr, Thomas Jefferson’s Vice President.
* They didn’t take too kindly to our first Sec Treasury. Sweet shot, Burr. The first attempt at a central bank only lasted 20 years and we shut it down. But the bankers tried again against Old Hickory, Mr. Andrew Jackson.

*Andrew Jackson – “You are a den of vipers and thieves. I intend to route you out and by the eternal God I will route you out.”

* After surviving an assassination attempt, Jackson finally defeated the bank in 1836. When asked what was the greatest accomplishment in his life, Old Hickory replied,
* “I killed the bank.”

* And those were his last words: “I killed the bank.” And, with reel money backed with real gold, our country experienced the greatest boom in any nation’s history. Oh, it was beautiful, Pile. But the bankers, greedy for more power and wealth, were concocting their most ambitious plan yet: to once and for all take control of the finances of the United States. In 1910, a secret meeting was held in the J.P. Morgan estate on Jekyll Island of the coast of Georgia. This meeting was so secret, so concealed from government and public knowledge, that the 10 attendees used code names.

* I am clearly the richest man, so I should be the one to run the super secret central bank.
* I own all the oil in America. I’m clearly richer than you will ever be, Hula Girl.
* I should run the super secret central bank.
* You’re nothing compared to me, Lube Job. I shall run the secret bank.
* Silence!
* Supreme master leader, I didn’t know you were gonna be here.
* I’m not. Neither are you, dumb ass.
* Oh yeah, right, right. He’s so smart!
* None of you shall run the bank. We have failed in the past because of openness. This time the key to success is secrecy. The people must believe that they run the bank.
* Yes, brilliant! A sneak attack. What’s the plan?
* We first create panic, then we show them the solution.
* With our man in office and well-planned timing we will have our central bank. And so the people think it is theirs. We shall christen it Federal! The Federal Reserve!

* They struck on December 23rd, 1913 when most of our congress were home eating fruit cake these bastards, I mean bankers, presented their treasonous act to their newly elected accomplice Woodrow Wilson who had fortuitously already agreed to sign it before he was even elected.
* Wait. The IRS? I thought we always had the IRS.
* No, Pile. They did this to us too. The Fed now has the exclusive power to print America’s money. They loan this money to our banks and our government at interest, putting immediate debt on our own money, printing more and more so each dollar they print becomes worth less than the one before. Merry… Christmas.
* What in the hell is that?
* That, Pile, is how our government must now pay back these debts to the Fed. Your taxes do not go to your government.
* They don’t?
* Hmm. It’s the greatest theft in human history.
* Okay. I mean, I sorta get what you’re saying, but it’s also confusing and really Hartman, I don’t see how it affects me at all. If I had more money, none of this would have happened! Hartman? 1955. Wow, what are we doing here?
* Oh, a little bit of shopping. Here, hold this. Gallon of gas: 23 cents. Postage stamp: 3 cents. Ounce of gold: 35 $. Hot baby: priceless. Best be getting back.
* Hey Hartman, I need my car, man!
* Oh, was that Michael J…
* Yeah, he’ll be fine. Now, Pile, would you agree that you have the same exact things that you had in 1955?
* Yeah. One stamp, one gallon of gas, one ounce of gold and one home. Well, we just made a lot of money. Hey!
* Gotta pay your taxes. Bet it’s nice to have made all that money.
* Wait, that isn’t fair! Now I actually have less money. I can’t even go buy the things I just sold.
* The IRS and the Fed’s inflation work together, Pile. They aren’t just taxing gain, they are taxing their inflation. You are no richer than you were in 1955. Now, does that sound fair or American to you?
* Yeah, but I mean, who doesn’t hate taxes? I hate the IRS anyway.
* Pile, the higher they make the inflation, the more of your they take. It’s thievery. You’re not paying taxes on any more, you are paying taxes on the same and now you have less! They take our property right in front of our eyes just like Thomas Jefferson said they would.
* What’s that?
* They found us! Quick, my sword!
* What sword?
* We don’t need your banking machine! I condemn you to die, dammit! Die! Pile, Bernanke bogey on my nine. Take him at his knees.

*Kennedy – “For we are opposed around the world by a monolithic and ruthless conspiracy that relies primarily on covert means for expanding its sphere of influence.”
* What’s happening? Where are we?
* I believe perhaps you understand now, Pile. But you are afraid.
* JFK. Hartman, what does this have to do with my house and my dog? Okay, that’s enough. I want to go home now.
* This is the last president to stand up to the Fed. You must see… On June 4, 1963, President Kennedy signed Executive Order 11110. This executive order empowered the U.S. Treasury to issue real money without the Fed. It would have worked. Kennedy’s plan to dismantle the Federal Reserve machine had begun. Six months later, John F. Kennedy went to Dallas and never returned.
* No way. No way they could do that.
* The new president, Lyndon Johnson, threw out Kennedy’s order. And since JFK, no president has dared confront the secret powers behind the Federal Reserve. They consolidate bigger and bigger banks, print more and more money, accountable to no one, decimating our nation’s wealth for the benefit of a few.
* Why? Why do this? If they hurt us it hurts the global bankers too.
* No, Pile, they are protected. They are too big to fail.
* But I’m not. Those sons of bitches!
* Mmm, sons of bitches all.

* The day was cold, the wind sharp and strong, but we were determined! The bankers and their parasites had us vastly outnumbered but their hubris made them weak. Not like us. not like this band of immortals we have assembled. We have come to take back our…
* Hartman, is that…?
* My dog!
* Oh, sh…
* Then the inevitable. The money kings could ignore us no longer. They sent an emissary, a cog in the machine of greed, to bring about our submission, Hank Paulson.
* Hartman, this is blasphemy. We own the corners of the earth. It is futile to challenge us.
* Oh, I’ve seen that look before, that of a predator taking in the scent of its prey: bold, fearless, the look of a free man.
* You have come far, Hartman, father than most. Be smart now. join us! We will bring you money, power, everything you want! You can be one of us if you will kneel. Madman! You’re a madman! We are offering you everything! What do you think this is?!
* THIS IS AMERICA!

* “He who sacrifices freedom for security deserves neither.” – Benjamin Franklin

Just about everyone knows that government, at every level, is requiring more and more Americans to get a government issued license before they can earn an honest living. In the 1950s only about 1 in 20 Americans needed the government blessing to do their job. Today, that number is more than 1 in 3. And government puts all kinds of requirements on would be entrepreneurs making it harder for these entrepreneurs to start and grow small businesses.

So, what is the national deb? When government spends more than it collects in taxes, it has to borrow the difference by selling interest bearing IOUs, such as US bonds. When a US bank buys a $100 dollar US bond, it gets to loan out ten times that amount. So, the bank not only gets back the $100 dollars plus interest from the Federal Government, it gets to loan out another $1000 dollars it doesn’t have and charge additional interest. Banks are allowed to create this extra money out of thin air. So, banks aren’t making just 6% interest, for example, they are really making over 1000% interest. That’s why bank buildings are the biggest in every town on the planet.

This system of lending way more than you have is called fractional reserve lending. Almost all our money is created by banks, lending it to people, to companies, or government.

As we’ll see, there is a better way for our government to get money. Simply issue it without debt for the benefit of all citizens equally. Abraham Lincoln did it. Ben Franklin did it, Jefferson wanted to do it. Honest Americans have fought against this bank controlled-debt money system throughout American history. But unless we change it soon most of our freedoms will soon be lost in a tidal wave of debt.

75 years ago an employee of the Atlanta Federal Reserve explained the importance of the debt money system and how it can strangle our economy:
“Someone has to borrow every dollar we have in circulation… If the Banks create ample money we are prosperous if not we starve when one gets the complete grasp of the picture the tragic absurdity of our hopeless position is incredible… It is the most important subject intelligent persons can investigate and reflect upon.” -1934, Robert H. Hemphill, credit Manager of the Federal Reserve Bank of Atlanta

Nobody’s talking about the debt problem as such. They’re talking about the fact that the the bankers aren’t making enough money to live in the way that they’re accustomed to.

After 600 years, the money changers were finally able to reassert their control over English money when they convinced the Parliament to create the Bank of England. This put the banking community back in control of manipulating the quantity of English money. Now England had to borrow its money supply from banks and pay interest on it, instead of the government simply issuing its own money without such debt. So in England we learned that simple sticks of wood broke the monopoly of gold money. This debt free money lasted for seven centuries and allowed a small island nation to rule the waves and freedom to root deeply in the new middle class, With the goldsmiths back in control, England was now financing its wars with this bank loaned money.
Just 75 years later, England’s war debts consumed 75% of its budget. Three quarters of British taxes were spent just on paying the interest on its war bonds. As a result England needed to squeeze more and more money from all her colonies to pay the interest on this new growing debt.

America was no exception.

Pre-revolutionary America was still relatively poor. There was a severe shortage of precious metal coins to trade for goods. So the early colonists were increasingly forced to experiment with printing their own homegrown paper money. This paper money was called Colonial Scrip. Colonial scrip was a dangerous concept for bankers. It broke the colonies free of the privately owned central banking system where a money had to be created by banks and then loaned to governments, as Franklin put it:
“In the Colonies we issue our own money. It is called Colonial Scrip. …we control its purchasing power, and we have no interest to pay to no one.” – Benjamin Franklin

In 1764 the British Parliament passed the Currency Act. Again it ordered all Americans to pay their taxes in gold or silver coin. For those who believe that a return to a gold backed money is the answer for America’s current monetary problems, look what happened to America after the Currency Act of 1764 was passed. As Franklin put it:

“In one year, the the conditions were so reversed that the prosperity ended, and a depression set in, to such an extent that the streets of the Colonies were filled with unemployed.” -Benjamin Franklin.

To Ben Franklin, this return to a gold money system was the basic cause of the American Revolution.

“The Colonies would have gladly borne the little tax on tea and other matters had it not been that England took away from the colonies their money, which created unemployment and dissatisfaction.” -Benjamin Franklin.

Americans were mad and did everything they could to get around Britain’s gold money system. In 1765 Parliament past the Stamp Act, requiring that every item sold had to have a stamp placed on it indicating that a tax had been paid on that item and paid in gold. This is what drove America to open revolt.

Do you understand what that means? Without gold you could literally buy or sell nothing. Why? Because the British had successfully forced the colonies to pay for everything using only a precious commodity, gold. This is the very definition of the word plutocracy, ruled by the rich.

By the outbreak of the revolution in 1775, the colonies started printing a new form of paper money to finance the war. I was called Continental Currency. Because unlike Colonial Scrip, it was the first issued by the new central government. Continentals worked great at first, but then the British started counterfeiting it massively sending it to America literally by the bail. By the end of of the war the currency was virtually worthless, as George Washington lamented: “A wagon load of money will scarcely purchase a wagon load of provisions.”

Earlier Colonial Scrip has worked, because just enough was issued to facilitate trade and counterfeiting was minimal. In other words the quantity was controlled by the government that issued it. Gold bugs today try to claim that because paper money didn’t work during the Revolutionary War, it shouldn’t be used today. But keep in mind it doesn’t matter what backs your money. All that matters is who controls its quantity. Will it be your elected officials? Or will it be some unelectable banker? Colonial paper money, before the revolution had worked so well, that the Bank of England had Parliament outlawed, and forced America to use only gold money. Gold which they controlled.

On our next stop on the yellow brick road, which represents the bankers gold money system, we find how the curse of the privately owned central bank first came to America.

In 1781 towards the end of the war, the Continental Congress met here in Philadelphia. They pondered what to do about their grave financial situation. The money was so worthless that the people papered their walls. Congress finally agreed to give a group of bankers a monopoly on creating US money by loaning it to the Government. It was the first privately owned central bank. The plan of course was modeled on the bank of England. The new bank would be called the Bank of North America. It would be the first of a string of controversial privately owned central banks which Congress would charter, and then in the face of public outrage, uncharter over the years.

Four years later in 1785, the value of the new currency had plummeted. Inflation was rampant. Prices had risen by 72%. So after a stiff battle, Congress killed this, the first privately owned central bank in America.

Two years later when it came time to write the Constitution in 1787, many of the delegates did not remember how well America’s government issued paper money had worked in Pennsylvania. They were still stung by the inflation of the Bank of North America and the hyper inflation during the revolution, primarily caused by British counterfeiting. Strangely the Constitution allows the Federal Government to borrow money, but is silent on the federal role on printing paper money, known in the language of the day as emitting Bills of Credit. This defect in the Constitution is at the root of all our economic problems today.

Two years after the Constitution was signed, debt free money was tried in Sweden in 1789, but with tragic results. To pursue a war with Russia, King Gustav III persuaded the Swedish Parliament to print debt free money called riksdalers. This was very costly to the bankers. Sweden had learned the secret to printing its own money without debt. In 1792, only three years into the experiment, King Gustav was assassinated by money lender Jacob Johan Anckarström. As is frequently the case in time of war, too many riksdalers were printed. The quantity was not controlled. A nation with sacrifice everything for survival during time of war. So inflation ruined the debt free money experiment in Sweden by 1834 just as it had a few years earlier during the American Revolution, again, because the quantity was not controlled.

“If two parties, instead of being a bank and an individual, were an individual and an individual, they could not inflate the circulating medium by a loan transaction, for the simple reason that the lender could not lend what he didn’t have, as banks can do….. Only commercial banks and trust companies can lend money that they manufacture by lending it.” – Professor Irving Fisher, economist in his book 100% Money (1935)

“The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it.” – John Kenneth Galbraith economist, author

“The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks.” – Lord Acton (1834-1902) English historian

Maybe your first experience of putting money in the bank wasn’t quite as heartwarming as this. But odds are, years later, you still refer to the balance showing on your bank account as being your money in the bank. But it isn’t.

If we have a deposit box at the bank, the valuables we put in it are still ours. We’re just renting secure space to store them. In common usage, the word “deposit” means to set something down. But the use of the word deposit to refer to a bank account is misleading. A bank deposit is in reality… a loan. What the amount in our bank account really indicates is how much money the bank owes us. It is a record of the bank’s promise to pay us money, not the money we deposited itself. The difference is important. The truth is, when we hand the contents of our piggy bank to the bank teller, our money becomes the bank’s money to do with as it pleases. All of the money in the bank is the bank’s money. None of it is ours. That’s why the bank pays us interest. We have loaned the bank our money.

This may seem to be a semantic distinction. We know we can go to the bank at any time and take our money out in cash if we want to. But the distinction is not semantic. Nor is it trivial. The distinction is crucial. What happens in banking affects everyone and yet few of us know anything at all about how banking really works. The entire world economy now runs on a system of credit provided by banks. And when that credit system breaks down, everyone suffers.

To make things worse, the explanations for these breakdowns offered by the experts never look at the root cause… namely that, other than cash and coins, which make up just 1-5% of money in circulation, all the money in existence today was created as the principal of a bank loan, with the banks requiring principal plus interest as so-called “repayment”. Not only does this make the existence of money entirely dependent on the existence of bank credit, it makes the system as a whole bankrupt by design, as total debits, principal plus interest exceed total assets, from the moment the first loan document is signed.

As the global banking system staggers towards worldwide collapse, more and more people are realizing they can no longer ignore the realities behind banking as it is practiced today. Many have lost their homes and jobs due entirely to the unsustainable practices of moneylenders. It is time people understood money and the pressing need to fundamentally change the way it works. Clarifying what the words used in banking really mean is the first step. Now that we know that a deposit is, in truth, a loan to a bank, the next question is … what is a loan that we take out from a bank?

When we sign for a loan, we give the bank a pledge to pay the amount of the loan plus interest. In return, the bank credits our account in the same amount as this so-called loan. While we speak of the bank as having put the loan money into our account, in reality, the only thing the bank puts into our account is its promise to pay the money.

What has actually happened is an exchange of promises. Neither party has delivered anything to the other, except matching pledges of debt. So, who is the borrower and who is the lender? The terms loan, lender and borrower are all misleading. The truth is that the two parties have traded promises to pay, and in the process created something called “bank credit” or “checkbook money” that can be legally spent as money.

Bank credit can be spent because we, in our innocence, notice that, each time we deposit into our account, it increases our balance by the same amount. In fact, unless we put something in, our account will be empty. Thus it’s a natural assumption that money in an account is money someone put in. Uh-uh. The account is a promise to pay, not the money itself. In fact, a promise always indicates the absence of the item promised. Otherwise why does it need to be promised? Now, because all bank accounts are just promises to pay, the bank and the borrower can simply exchange promises and, in the flash of a few keystrokes, a positive balance appears in the borrower’s bank account without anyone putting existing money in.

Now you know the real source of what we call a “bank loan”.

“Commercial banks create checkbook money whenever they grant a loan, simply by adding new
deposit dollars in accounts on their books in exchange for a borrower’s IOU.” – Federal Reserve Bank of New York, I Bet You Thought, p.19

How different would it be if two parties just got together in a basement with a printing press and created new money that way? We intuitively understand the act of fraud called counterfeiting. In printing fake $100 dollar bills, the counterfeiters also create new money out of thin air.

Money gives us the ability to purchase the real goods & services of the world. It’s clear that the counterfeiters have created new ability to purchase real goods & services without giving anything in exchange… except a fancy piece of paper. Counterfeiters get something for nothing, directly at the expense of whoever gets caught with their counterfeit money. And if the counterfeit money is not discovered, it dilutes the money supply, stealing from everyone. Counterfeiting is a serious crime and it is easy to understand why. It’s cheating on a basic social agreement… Thou shalt not steal.

But, taking a loan from a bank also creates new purchasing power. However, instead of being considered a form of theft, it is the very basis of our monetary system. How did one form of creating money out of thin air become a crime, and the other become standard business practice and the source of almost all our money? For this is what has happened.

To understand how, we need to look at the history of the laws governing commerce, but before that, we need to understand the logic of the loan process itself.

The borrower wants to purchase an item but doesn’t have the funds to do so at the present time. However the borrower does have confidence in having sufficient funds over time to pay both the original price of the item and the interest on a loan. So he goes to a bank to arrange a loan. The borrower is capable of making a credible promise of money in the future, but otherwise, at this moment, he comes with empty pockets. That’s why he needs the loan.

We’re probably all familiar with what happens next. The bank gets the borrower to sign an agreement in which the borrower promising to pay the bank the amount of the loan plus interest or, in default, surrender to the bank the object that is to be purchased with the loan. This is done countless times every day all over the world, but there’s a problem. How can the borrower pledge as collateral something that the borrower does not yet own? If I wanted to borrow $10,000 from you to go on a luxury cruise to Europe, would you accept my
neighbour’s car as collateral?

Of course not, because you know very well that I have no legal right to give you my neighbour’s car no matter how much I owe you. But, if instead, I promise to buy my neighbour’s car with the $10,000 you lend me, the situation is different. You might agree to lend me the $10,000 believing I will buy the car and will pledge it as collateral for the loan once I obtain legal title to it. However, until the transaction is completed, your $10,000 loan cannot be secured by title to the car. This sequence of events problem could be very simply avoided. You could buy the car and then sell it to me.

The bank could do it this way too. If the borrower commits to the bank to buy the item, why doesn’t the bank just buy it with its own money and then sell it to the borrower on time payments at interest? Well… the answer to that question is also very simple. It’s because the bank, like the borrower, has come to the transaction with empty pockets. The bank fulfills its part of the so-called loan transaction by creating an “account” for the borrower. The truth is… the so-called borrower has funded his own account by fraudulently pledging a car he does not yet own, as collateral. And the bank, the so-called lender, hasn’t put up any existing money at all…and, if all goes well, it never will.

They declared the country basically terrorists, stole many of their bank accounts. They want the country to pay private debts or derivatives to Goldman Sachs, JP Morgan, Bank of England and others, and the country, just like 3rd world nations have been taken over is being taken over by offshore banks. The people are saying NO, now the banks are backing off saying maybe we had assets we didn’t tell you about and you don’t owe that much – it’s all made up.
If they can win their fight there it will send a domino effect throughout Eastern Europe, Asia, Latin America, the United States. This debt is created through fraud.

The entire nation was conned. The thing is that the Brits and the Dutch, they want us to pay back with huge interest so their actually making money off us, money that never reached Iceland. And most Icelander had never heard of these accounts before everything collapsed. And they put the anti-terrorist law on us – almost like guinea pigs. Because they had not tried to use that particular terror act law and instead of putting it on the bank in the beginning, which was privately owned, they put it on Iceland. And actually during our incredible system, almost the entire system, collapsed when all of the big banks collapsed. They decided to put the terrorist act on us so we were very close to not having food in Iceland.

Well it all happened a few years ago. All of the big banks were government owned or people owned them. And we had a conservative party in Iceland for 18 years and during that period they basically privatized everything the people owned, including the banks a few years ago. And they sold the banks relatively cheaply to friends and allies. And they made, in a very short period of time, all the legislation vanish that would have them, you know, having to not expand as quickly as they did. They became 5 times bigger than the annual GDP.