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Jim Rogers says "Abolish the FEDERAL RESERVE"

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Uploaded by on Mar 16, 2008

The development of fractional reserve banking practices in the 17th century brought to a cunning sophistication the secret techniques initially used by goldsmiths fraudulently to accumulate wealth. With the formation of the privately-owned Bank of England in 1694, the yoke of economic slavery to a privately-owned "central" bank was first forced upon the backs of an entire nation, not removed but only made heavier with the passing of the three centuries to our day. Nation after nation has fallen prey to this cabal of international central bankers.

The success of the central banking scheme developed into a far-reaching plan described by President Clinton's mentor, Georgetown Professor Carroll Quigley, "to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank....sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the levels of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

Several short-lived attempts to impose the central banking scheme on the United States were defeated by the patriotic efforts of Presidents Madison, Jefferson, Jackson, Van Buren and Lincoln. But with the passage of the Federal Reserve Act of 1913, America was firmly lashed to the same yoke, so that a small number of very rich men have been able to lay upon the masses a yoke little better than slavery itself. That yoke inevitably grows heavier with ever-compounding interest, and totals over $20 trillion of debt owed by the American people today ($80,000 per American) ultimately to these bankers.

This vast accumulation of wealth concentrates immense power and despotic economic domination in the hands of the few central bankers "who are able to govern credit and its allotment, for this reason supplying, so to speak, the life-blood to the entire economic body, and grasping, as it were, in their hands the very soul of the economy so that no one dare breathe against their will."

Watch "The Money Masters"
http://video.google.com/videoplay?docid=-515319560256183936&q=The+Money+M...

Watch "Zeitgeist"
http://video.google.com/videoplay?docid=497251819335380093&q=Zeitgeist&am...

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Top Comments

  • The Federal Reserve is a brilliant con by those who created it. The victims are every man, woman and child who are forced to succumb to this system. If one is willing to do the research into it, WWI, WWII and Vietnam were wars engineered by the Reserve to ensure American involvement. War is an extremely profitable business for those who stand to gain the most from it, namely the Reserve. They don't care about the lives lost. They don't care about the people, nor does the current government.

  • Hells yes abolish the Federal Reserve... There's nothing even remotely 'federal' about it!

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All Comments (48)

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  • Oh Maria!

  • "When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes Money has no motherland; financiers are without patriotism and without decency; their sole object is gain."

    ~Napoleon Bonaparte, 1815~

    Whoever controls the volume of money in any country is the master of all its legislation and commerce."

    ~President James A. Garfield~

  • We are debt slaves, compliments of The Federal Reserve. Watch "The Creature From Jekyll Island". Is this really the best we can do ? We should pay ZERO interest. If you buy a house for $100,000, you pay back $100,00, no more. These banks add no value to anything. Wake up. Also watch "Zeitgeist, The Federal Reserve".

  • @Ryshtyanna someone watched zeitgeist...tell us about how Christianity is unoriginal too!

  • @Sadalmelek What you are referring to is what Warren Buffet ones called the financial weapons of mass destruction. It's called future trading. Personally I call it the digitalization of commodity prices. Prices now fluctuate more severely than ever before. Just look at the historical chart of oil for example. You see enormous jumps en bums in the last years. I happen to agree with Jim Rogers that fundamentals eventually influence the market prices.

  • Why is the quality of this video so terrible?

  • Do you know why there is more famine and starvation in the world today. Why the commodity prices are increasing? It is because the same person who are at Wall St and gamble with the housing market are now speculating on agricultural goods like rice, wheat etc.

    Speculation cause the price of these commodity to increase... I think speculating on food is definitely a bad thing despite what the person in the video is saying.

  • I love this guy! He is straight forward, to the point, and Oh so right.

  • Jim Rogers is right, but to bring this about, more people need to understand why. The YouTube video WHY WE ARE IN SO MUCH DEBT does a pretty good job of combining simplicity and clarity with impact. Well worth watching.

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