Creature From Jekyll Island by G. Edward

306

THE CREATURE FROM JEKYLL ISLAND

One can argue the necessity, or at least the inevitability, of fiat money in time of war as a means of raw survival. That is the primal instinct of both individuals and governments, all other considerations aside. We shall leave that for the philosophers. But there can be no debate over the fact that fiat money in time of peace has no such justification. Furthermore, the ability of governments and banking institutions to use fiat money to fund the wars of other nations is a powerful temptation for them to become embroiled in those wars for personal profit, political advancement, or other reasons which fall far short of a moral justification for bloodshed.

The Federal Reserve System has always served that function.

The on-going strategy of building up the military capabilities of America's potential enemies leaves us no reason to believe we have seen the last of war. Therefore, it is not an exaggeration to say that the Federal Reserve System encourages war. There can be no better reason for the Creature to be put to sleep.

SUMMARY

The Bolshevik Revolution was a coup d'etat in which a radical minority captured the Russian government from the moderate revolutionary majority. They accomplished this through deception, organization, discipline, and surprise. The Red Cross Mission of New York financiers threw support to the Bolsheviks and, in return, received economic rewards in the form of rights to Russia's natural resources plus contracts for construction and supplies. The continued participation in the economic development of Russia and Eastern Europe since that time indicates that this relationship has survived to the present day. These financiers are not pro- Communist nor pro-anything else. Their motivation is profit and power. They are now working to bring both Russia and the United States into a world government which they expect to control. War and threats of war are tools to prod the masses toward the acceptance of that goal. It is essential, therefore, that the United States and the industrialized nations of the world have credible enemies. As these words are being written, Russia is wearing the mask of peace and cooperation. But we have seen that before. We may yet see a return of the Evil Empire when the timing is right.

U.S. government and megabank funding, first of Russian, and now of Chinese and Middle-East military capabilities, cannot be understood without this insight.

Section IV

A TALE OF THREE

BANKS

It has been said that those who are ignorant of

history are doomed to repeat its mistakes. It may

come as a surprise to learn that the Federal

Reserve System is America's fourth central bank,

not its first. We have been through all this before

and, each time, the result has been the same.

Interested in what happened? Then let's set the

coordinates of our time machine to the colony of

Massachusetts and the year 1690. To activate, turn

the page.

Chapter Fifteen

THE LOST

TREASURE MAP

The bitter experience of the American colonies

with fiat money; the resolve of the founding

fathers to prohibit the new nation from resorting

to paper money without backing; the drafting of

the Constitution to that end; the creation of a true

American dollar; the prosperity that followed.

In the golden days of radio, on the Edgar Bergen Show, the ventriloquist would ask his dummy, Mortimer Snerd, 'How can you be so stupid?' And the answer was always the same. After a moment of deep thought on the part of Mortimer, he would drawl his reply, 'Well, it ain't easy!'

When we look at the monetary chaos around us today—the

evaporating value of the dollar and the collapsing financial institutions—we are compelled to ask: How did we get into this fix? And, unfortunately, Mortimer's response would be quite appropriate.

To find out how we got to where we are, it will be necessary to know where we started, and a good place to begin that inquiry is with the Constitution of the United States. Article I, Sections 8 and 10 say:

Congress shall have the power —

To borrow money ... to coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;...