FROM THE EDITOR: Dear reader: this is the first of the fourth part of this series, The Federal Reserve Cartel, which chronically explains the history of the Fed and the false perception which has resulted in Americans believing it’s part of the U.S. Government when – The Fed Reserve is a private for-profit bank that ought be abolished.
This is an excerpt from a book by Dean Henderson
— To this end: United World Federalists founder James Warburg’s father was Paul Warburg, who with help from Senator Prescott Bush (former President George Bush’s grandfather) financed Hitler. Colonel Ely Garrison, a close friend of both presidents Teddy Roosevelt and Woodrow Wilson wrote, “Paul Warburg was the man who got the Federal Reserve Act together after the Aldrich Plan aroused much nationwide resentment and opposition. The mastermind of both plans was Baron Alfred Rothschild of London.”
The Aldrich Plan was hatched at a secret 1910 meeting between Rockefeller lieutenant Nelson Aldrich and Paul Warburg of the German Warburg banking dynasty, at JP Morgan’s private resort on Jekyll Island, South Carolina. Then Congressman Aldrich (NY) would marry into the Rockefeller family and his son Winthrop Aldrich would become chairman of Chase Manhattan Bank.
While the bankers met Colonel Edward House, a close confidant of President Woodrow Wilson and Rockefeller, was busy convincing Wilson of the importance of a private central bank and introduction of a national income tax. A member of House’s staff was General Julius Klein, a British MI6 Permindex insider (another Bush connection).
Wilson didn’t need much convincing though because he was beholden to copper magnate Cleveland Dodge, whose namesake Phelps Dodge became one of the biggest mining companies in the world. Dodge bankrolled Wilson’s political career. Wilson even wrote his inaugural speech on Dodge’s yacht.
Like Dodge, Wilson met Cyrus McCormick while at Princeton. Both were directors at Rockefeller’s National City Bank – now Citigroup.
Due to these friendships, Wilson would devote much time to selling the public on the idea that banks should be trusted. In 1911, in contrast, City Mayor of New York John Hylan stated, “The real menace to our republic is the invisible government which, like a giant octopus, sprawls its slimy length over our city, state and nation.
At the head is a small group of banking houses, generally referred to as the international bankers.”
But the “eight families” prevailed and in 1913 the Federal Reserve was born, with Paul Warburg its first governor. Four years later, after a secret society known as the Black Hand assassinated Archduke Ferdinand and his Hapsburg wife, the US entered World War I.
That same year, the Bolsheviks, aided by Max Warburg and Jacob Schiff, overthrew the Russian Hohehzollern monarchy. The rise to power of the Bolsheviks in Russia would result in: British Foreign Secretary Arthur James Balfour, being persuaded by Lord Rothschild (a leader of the British Jewish community) in a 1917 letter to create an independent “Jewish state in Palestine.” This letter would become know as the Balfour Declaration of 1917.
In the 1920’s Baron Edmund de Rothschild (son of the Lord), with help from NYC based Kuhn, Loeb & Co. (the most influential invest bank in the world) founded Palestine Economics Commission (PEC). Loeb’s also helped Rothschild form a network to smuggle weapons to Zionist death squads bent on seizing Palestinian lands.
(Editor’s Note: Next: the formation of our income tax system.)
