I’ve attached a link to an article written by Thomas Jefferson in 1791 as a rebuttal to a proposed bill that would establish a private central bank (what we currently have). Jefferson provides various arguments against both the need for a private central bank and the constitutionality of a private central bank. Down below are 3 quotes from particularly interesting stakeholders I believe give some colour as to why so much effort and money has been thrown at the objective of establishing and maintaining a private central bank in the US.
Unfortunately Jefferson could not stave off the influence money had over the powers even at that time. But from the article you also get a sense of the integrity and true allegiance Jefferson has for the constitution and the fundamental axioms it was thoughtfully designed to protect. A key argument made in the article which predicts today’s political behaviour is that if you provide a precedent for allowing Congress (meaning both houses) to use the described ” general welfare” of the United States to conduct any action that would benefit the state, with themselves as the sole judge of good and evil, then it negates all the other parts of the constitution. The Patriot Act and the Surveillance programs are both based on this idea that they provide for the general welfare of Americans and so supersede any constitutional conflicts.
Quotes that paint the picture of the implications of a central bank:
1. “Permit me to issue and control the money of a nation, and I care not who makes its laws.” Nathan Rothschild, 1838
2. “Banking was conceived in iniquity and born in sin. Bankers own the Earth. Take it away from them but leave them the power to create money, and, with the flick of a pen, they will create enough money to buy it back again. Take this great power away from them and all great fortunes like mine will disappear and they ought to disappear, for then this would be a better and happier world to live in. But, if you want to continue to be the slave of the bankers and pay the cost of your own slavery, then let the bankers continue to create money and control credit.” – Sir Josiah Stamp, President, Bank of England
3. “I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.” –Woodrow Wilson
Do note that the Rothschild’s own a majority shareholding (57%) of the Federal Reserve Bank (there are 12 regional banks that were set up by the Federal Reserve Bank, which have member banks and not shareholders but are controlled ultimately by their parent bank the Fed Reserve). The Rothschild’s also hold controlling stakes in the Bank of Japan, Bank of England and the European Central Bank. These central banks ultimately report up to the IMF, which the Rothschild’s and 8 other families control.