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The Federal Reserve Cartel: The Eight Familes (Part Two of a series)

­by Marvin Ramíre­z­

­­­Marvin  J. Ramírez­Ma­r­v­in­ R­­­­a­­m­­­­í­r­­­­e­z­­­­

If you want to read series from the beggining (https://elreporterosf.com/editions/?q=node/5547)

 

N O T E F R O M T H E E D I T O R : Dear readers, I just ran into this super detailed article about the intricacies and composition of what is called the Federal Reserve Bank (FRB). The FRB is the Central Bank of the United States, a privately-owned banking cartel, owned by the International Monetary Fund, which in turn is owned by a handful of corrupt families, whose only goal is to enslave the world under a global economy, a global heaLth organization (World Health Organization), a global judicial system (The Hague), private armies such as NATO, OAS – and under a new world government (United Nations,), which combined comprise what is now commonly known as The New World Order– disguised as ‘Globalism.’

By monopolizing the learning institutions in the U.S. and in most parts of the world, this banking elite has been able to implement and manage the current monetary system – an art piece of their own creation that controls practically all life – and death over the Earth.

They pay billions of dollars to universities to teach the arts of economics – through Masters and PhD degrees – to teach their own economic system, and a legal system that makes sure that no one understands – only lawyers – and most people are taught to obey, obey blindly, and with this, govern and impose their will through out the courts and the banking system. The whole article was divided in four parts by the author. However, due that the first part of the series is 3,500 words, it will take El Reportero several weeks or months to publish a portion of it every week.

El Reportero suggest anyone who finds any inaccuracy on this report to please email us with youR comments.

by Dean Henderson

I n f o w a r s . c o m – G l o b a l R e s e a r c h (Part two of a series)

The House of Morgan

The Federal Reserve Bank was born in 1913, the same year US banking scion J. Pierpont Morgan died and the Rockefeller Foundation  was formed. The House of Morgan presided over American fi nance from the corner of Wall Street and Broad, acting as quasi-US central bank since 1838, when George Peabody founded it in London. Peabody was a business associate of the Rothschilds.

In 1952 Fed researcher Eustace Mullins put forth the supposition that the Morgans were nothing more than Rothschild agents. Mullins wrote that the Rothschilds, “…preferred to operate anonymously in the US behind the facade of J.P. Morgan & Company”. [5]

Author Gabriel Kolko stated, “Morgan’s activities in 1895-1896 in selling US gold bonds in Europe were based on an alliance with the House of Rothschild.” [6]

The Morgan financial octopus wrapped its tentacles quickly around the globe. Morgan Grenfell operated in London. Morgan et Ce ruled Paris. The Rothschild’s Lambert cousins set up Drexel & Company in Philadelphia.

The House of Morgan catered to the Astors, DuPonts, Guggenheims, Vanderbilts and Rockefellers. It fi nanced the launch of AT&T, General Motors, General Electric and DuPont. Like the London-based Rothschild and Barings banks, Morgan became part of the power structure in many countries.

By 1890 the House of Morgan was lending to Egypt’s central bank, financing Russian railroads, floating Brazilian provincial government bonds and funding Argentine public works projects. A recession in 1893 enhanced Morgan’s power. That year Morgan saved the US government from a bank panic, forming a syndicate to prop up government reserves with a shipment of $62 million worth of Rothschild gold. [7]

Morgan was the driving force behind Western expansion in the US, financing and controlling West-bound railroads through voting trusts. In 1879 Cornelius Vanderbilt’s Morgan-fi nanced New York Central Railroad gave preferential shipping rates to John D. Rockefeller’s bud­ding Standard Oil monopoly, cementing the Rockefeller/ Morgan relationship. The House of Morgan now fell under Rothschild and Rockefeller family control.

A New York Herald headline read, “Railroad Kings Form Gigantic Trust”. J. Pierpont Morgan, who once stated, “Competition is a sin”, now opined gleefully, “Think of it. All competing railroad traffi c west of St. Louis placed in the control of about thirty men.”[8]

Morgan and Edward Harriman’s banker Kuhn Loeb held a monopoly over the railroads, while banking dynasties Lehman, Goldman Sachs and Lazard joined the Rockefellers in controlling the U.S. industrial base. [9]

In 1903 Banker’s Trust was set up by the Eight Families. Benjamin Strong of Banker’s Trust was the fi rst Governor of the New York Federal Reserve Bank.

The 1913 creation of the Fed fused the power of the Eight Families to the military and diplomatic might of the US government. If their overseas loans went unpaid, the oligarchs could now deploy US Marines to collect the debts. Morgan, Chase and Citibank formed an international lending syndicate. IT WILL CONTINUE NEXT WEEK.

For reading third part of a series (https://elreporterosf.com/editions/?q=node/5598)

 

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