What is the Federal Reserve System?
A Private Cartel of Bankers
The Most Treasonous Cabal Ever

Just nine years after the third US presidential assassination, (all within a 36 year window) a group of eight very powerful men met in secret on November 22nd, 1910, in a clandestine meeting of wealth, off the coast of Georgia, on Jekyll Island.

The resort was the vacation paradise for the ultra-rich of the US. Led by JP Morgan Sr., those connected to the island were said to comprise 1/6th to 1/4th of the world’s total wealth at that time.

The secret meeting was arranged under the guise of a false duck hunting trip, because these very wealthy men were, in all actuality, planning the takeover of this nation's banking and monetary system; in essence, a coup on the United States of America.

These magnates of wealth represented a vast majority of the world's mega-rich, such as the Rockefellers, the Morgan's, the Warburg's and the Rothschild's. It was JP Morgan Sr. that gave permission to use the facilities on the island.

They were invited to the meeting by Senator Nelson Aldrich, the head of the National Monetary Commission, with all of them agreeing not to use their last names in the hopes of not being found out or implicated in their treasonous takeover plan.

Aldrich Shelton Andrew Davison
Vanderlip Warburg Norton Strong

For this meeting, all of the servants were said to be given two weeks off and removed from the island, with new replacement servants brought in, so as to lessen the chances of recognition over its secret wealthy guests.

Afterwards, when word leaked out, none of the wealthy attendees would admit to being there, until the Federal Reserve was finally enacted a few years later.

Nathaniel Stephenson once wrote in the notes section of his biography on Senator Aldrich, of an incident that took place at the Brunswick train station. He wrote...

"In the station at Brunswick, Ga., where they ostentatiously talked of sport, the station master gave them a start. 'Gentleman,' said he, 'this is all very pretty, but I must tell you we know who you are and the reporters are waiting outside.' But Mr. Davison was not flustered. 'Come out, old man,' said he, 'I will tell you a story.' They went out together. When Mr. Davison returned he was smiling. 'That's all right,' said he, 'they won't give us away.' The rest is silence. The reporters disappeared and the secret of the strange journey was not divulged. No one asked him how he managed it and he did not volunteer the information."

As a result of this secret meeting in 1910, the Federal Reserve System was born and instituted just a few years later in 1913, the same year that JP Morgan Sr. would die.

President Woodrow Wilson was in league with the cabal, and was backed by the group for the presidency. His job was to enact the Federal Reserve System into place in 1913.

Upon its inception on December 23,1913 he was quoted as saying,

“I feel that I have had a part in completing a work which I think will be of lasting benefit to the business of the country.”

That sentiment would not last long.

In hindsight, Wilson would later write...

"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world — no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men."



1912 Cartoon, One Year Before the Federal Reserve

Monopoly Men: Distant Murmuring of a Secret Government

See Also: More Video on Federal Reserve  |  The Great Depression


The Men Who Own and Run the US


Alan Greenspan: The Fed Answers to No One


Milton Friedman on the Federal Reserve


Secrets of the Federal Reserve
By Eustace Mullins

On the night of November 22, 1910, a group of newspaper reporters stood disconsolately in the railway station at Hoboken, New Jersey. They had just watched a delegation of the nation’s leading financiers leave the station on a secret mission. It would be years before they discovered what that mission was, and even then they would not understand that the history of the United States underwent a drastic change after that night in Hoboken.

The delegation had left in a sealed railway car, with blinds drawn, for an undisclosed destination. They were led by Senator Nelson Aldrich, head of the National Monetary Commission. President Theodore Roosevelt had signed into law the bill creating the National Monetary Commission in 1908, after the tragic Panic of 1907 had resulted in a public outcry that the nation’s monetary system be stabilized. Aldrich had led the members of the Commission on a two-year tour of Europe, spending some three hundred thousand dollars of public money. He had not yet made a report on the results of this trip, nor had he offered any plan for banking reform.

Accompanying Senator Aldrich at the Hoboken station were his private secretary, Shelton; A. Piatt Andrew, Assistant Secretary of the Treasury, and Special Assistant of the National Monetary Commission; Frank Vanderlip, president of the National City Bank of New York, Henry P. Davison, senior partner of J.P. Morgan Company, and generally regarded as Morgan’s personal emissary; and Charles D. Norton, president of the Morgan-dominated First National Bank of New York. Joining the group just before the train left the station were Benjamin Strong, also known as a lieutenant of J.P. Morgan; and Paul Warburg, a recent immigrant from Germany who had joined the banking house of Kuhn, Loeb and Company, New York as a partner earning five hundred thousand dollars a year.

Six years later, a financial writer named Bertie Charles Forbes (who later founded the Forbes Magazine; the present editor, Malcom Forbes, is his son), wrote:

"Picture a party of the nation’s greatest bankers stealing out of New York on a private railroad car under cover of darkness, stealthily riding hundred of miles South, embarking on a mysterious launch, sneaking onto an island deserted by all but a few servants, living there a full week under such rigid secrecy that the names of not one of them was once mentioned lest the servants learn the identity and disclose to the world this strangest, most secret expedition in the history of American finance."

"I am not romancing; I am giving to the world, for the first time, the real story of how the famous Aldrich currency report, the foundation of our new currency system, was written . . . . The utmost secrecy was enjoined upon all. The public must not glean a hint of what was to be done."

"Senator Aldrich notified each one to go quietly into a private car of which the railroad had received orders to draw up on an unfrequented platform. Off the party set. New York’s ubiquitous reporters had been foiled . . . Nelson (Aldrich) had confided to Henry, Frank, Paul and Piatt that he was to keep them locked up at Jekyll Island, out of the rest of the world, until they had evolved and compiled a scientific currency system for the United States, the real birth of the present Federal Reserve System, the plan done on Jekyll Island in the conference with Paul, Frank and Henry... Warburg is the link that binds the Aldrich system and the present system together. He more than any one man has made the system possible as a working reality." ... (Read more)

The Jekyll Island Club

Built in 1887 as a hunting club for ultra-wealthy northeastern businessmen.
It was rumored that 1/6th to 1/4th of the world's wealth was on this island.


The Secrets of the Federal Reserve, by Eustace Mullins


The Federal Reserve  |  Oz and the Fed  |  End the Fed

The Real Essence of Banking


The Federal Reserve Coup Hierarchy:   JP Morgan Sr,  Paul Warbug,  Senator Nelson Aldrich,  John D Rockefeller Sr.

JP Morgan Sr.   Paul Warburg   Senator Nelson Aldrich   JD Rockefeller Sr.


Frank Vanderlip Henry Davison Abe Andrew Benjamin Strong Charles Norton Arthur Shelton Jacob Schiff Edward House Woodrow Wilson

The Power & Corruption of Money


Banking is a criminal endeavor. Once you understand the parasitic nature of it, you will look down on those who pride themselves as "bankers." (A pestilence to life and society.) A bank has no wealth of its own. It is an empty vault, without your money. This in a nutshell means the bank is nothing without its depositors.

The people that own these banks are paid a small fee to hold this money and keep it safe for the depositor, but that is not what happens. The banker only keeps a small amount of that money in his vault. The rest he invests on his own, to make money for him, the bank owner.

People that own banks like taking your money and using it for their own means. Seldom, if ever, do they risk their own money. Consequently, understand that they are nothing without you.

Ever wonder why you give a bank your money to safeguard, (which benefits their bank) but they only give you a very small interest rate of return on your deposit, (even though they are using your money to make money for themselves) yet the moment you ask for a loan, they charge as much as possible in outrageous interest fees?

With such a one-sided business model, it can understandably be quite hard to argue the notion that banking is not a wholly criminal endeavor, one which has been legally sanctioned.

The uber-wealthiest of bank owners enjoy a banking system that pays them, most specifically through interest bearing money that yields them profit on every currency spent. (dollar, euro, yen, etc) The only way they can achieve this is by having large central banks to create and control their interest bearing fiat currency.

Our forefathers were extremely cautious of large central banks, allowing them only in times of national duress. (IE: to recover from the two British wars, a win-win for the European bankers who helped to foment and bankroll both of those wars.) These US national banks operated strictly under a very limited 20 year charter (as did the corporations of the day). Make no mistake about it, National or central banks were not revered. They were feared by many of our forefathers. (With notable exception from Hamilton and possibly Madison.)


Spot The Pattern

  American Revolution - US war with Great Britain (1775 - 1783)  
  Bank of North America is formed, May 26, 1781.  
  1st US National Bank is formed, February 25, 1791, to help the nation recover from the war.  
  War of 1812 - US war with Great Britain (1812 - 1815)  
  2nd US National Bank is formed, February 1816, to help the nation recover from the war.  
  US Civil War - British coerced/fomented war (1861 - 1865)  
  Greenbacks created, 1861, to circumvent exorbitant banker interest fees.  
  Greenbacks done away after Lincoln's murder in 1865, through the Contraction Act of 1866.  
  What appears to be clear is that the bankers always seem to come out of war or conflict on top. They are the one entity seemingly impervious to disaster, profiting quite handsomely from the death and destruction of war.  

The Historical Significance


The United States civil war was of calculated, deliberate design, fomented purposefully by angry European bankers because Andrew Jackson closed a vested interest of theirs, the 2nd US National Bank, by removing all US deposits and allowing it's charter to run out. Soon after, an assassin was sent to kill Jackson, but the would be assailant's two pistols both malfunctioned, thus sparing Jackson's life.

The uber-rich of Europe were furious and wanted their interest bearing / profit making bank back. They devised a plan to collapse the nation under an internal civil war, one which would need to be financed by outside bank money - theirs. The banks demanded exorbitant interest as payment for any loans to the US, but a wise president at the time had the foresight to see that those loans would collapse the nation into debt once again, and so he devised the country's 2nd interest free script, nicknamed "Lincoln's Greenbacks."

The Civil War was not about stopping slavery, it was about creating the most massive slave state of all.
The idea was to force the US to once again agree to open another central, national bank.

  It was during the post Civil War reconstruction era that the groundwork was laid for the eventual return of a 3rd US national bank, this time under the name of the Federal Reserve System. During this time, three US presidents were murdered in just 36 years, as the battle for a 3rd national bank waged on behind the scenes.  
  • 1865 Abraham Lincoln

  • 1881 James A Garfield

  • 1901 William McKinley


In 1908 the National Monetary Commission was created, led by Senator Nelson Aldrich. The group toured Europe, studying the European banking system, reportedly so that they could propose a better US system.

In 1913 the Federal Reserve System was born, essentially becoming the 3rd US national bank, but this time without the restriction of a twenty year charter to limit its lifespan.


Interest-Free Money

  The US once had an interest free currency, something preferred by a great many of our colonial forefathers. This is conveniently something that is not taught to us in school because the "powers that be" do not want us to return to such a monetary system.
  • Colonial Script (its restriction caused the American Revolution)

  • Lincoln Greenbacks (came about as a result of the Civil War)

The European bankers did not like any of these currencies and so dire consequence came about as a result.

The first interest free currency in the US was the original colonial script. As a matter of fact, the American Revolution was not over a tax on tea, as we are taught to believe in school, but over abolition of the colonial script. Benjamin Franklin spelled it out very specifically, but strangely enough, our schools don't teach about it.

  "The colonies would gladly have 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. The inability of colonists to get power to issue their own money permanently out of the hands of George the III and the international bankers was the prime reason for the Revolutionary War."  -Benjamin Franklin  
  The 2nd interest free currency was Abraham Lincoln's Civil War era "Greenbacks," which apparently worried the heads of European finance very much. Here is what an 1862 editorial in the London Times had to say about Lincoln's Greenbacks...  

"If that mischievous financial policy which had its origin in the North America Republic during the late war in that country, should become indurated down to a fixture, then that Government will furnish its own money without cost. It will pay off its debts and be without debt. It will become prosperous beyond precedent in the history of the civilized governments of the world. The brains and wealth of all countries will go to North America. That government must be destroyed or it will destroy every monarchy on the globe."


Even though the civil war was winding down and Lee had already surrendered to Grant, President Lincoln, the head of the north, was conveniently assassinated in 1865. It's odd that an opponent's leader is killed after a surrender. The greenbacks were then officially removed from US circulation under the contraction act of 1866.

  Note to public: In spite of its inherent value to society as a whole, the bankers do not want interest free money.  



Since the US Monetary Takeover by the Federal Reserve


  • 96% devaluation of the dollar!

  • Continual upward spiraling inflation!

  • TWO depressions in just 79 years, 1929 and 2008!


This is the best that the vaunted brain trust of the Federal Reserve can do for "we the people?"


One partial audit in 100 years time?!
What bank doesn't ever receive a full audit?



See also: The Other Green Curtain

The Real Power Hides Behind the Corporate Mainstream Media


Aaron Russo's 'America: Freedom to Fascism'

From the guy that brought us Trading Places and The Rose, Aaron Russo tackles his toughest film of all.


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