The New World Order: Chronology and Commentary

“The New World Order: Chronology and Commentary” outlines the aims and methods of New World Order adherents and delineates the discrepancies between the power elite's publicly stated principles and covertly pursued goals.

Description

1913 FEDERAL RESERVE ACT PUTS U.S. BANKING IN HANDS OF POWER ELITE: Planned at a secret meeting on Jekyl Island in late 1910, by a group of bankers and politicians including Paul Warburg of Kuhn-Loeb, the Federal Reserve Act transfers the power to create money from the American government to a small group of private bankers. Frank Vanderlip, president of the Rockefeller National City Bank of New York describes his role in these terms: "There was an occasion, near the close of 1910, when I was as secretive--indeed, as furtive--as any conspirator... I do not feel it is any exaggeration to speak of our secret expedition to Jekyl Island as the occasion of the actual conception of what eventually became the Federal Reserve System." [In ‘Trade Wars Against America’, author William J. Gill calls The Federal Reserve Bank "the greatest generator of debt in the whole long history of man on Planet Earth." Loans from the Federal Reserve Bank helped continue World War I in Europe long after all of Europe was bankrupt, and the Bank played a role in bringing about the Great Depression and subsequent recessions. Related legislation in the same year dismantled America's system of protectionist tariffs and instigated the income tax, designed to replace the tariff as the chief source of revenue for the Treasury. "Centralization of credit in the hands of the state, by means of a national bank with state capital and an exclusive monopoly" and a "graduated income tax" were enumerated as goals for a successful communist revolution in Marx’s “Communist Manifesto”. Creation of private, monopolistic federal bank had been until 1913 vigorously opposed by Presidents: Washington, Jefferson and Lincoln. RHG]