“And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.”
— Thomas Jefferson [1]
Alexander Hamilton, subject of a glowing though historically dubious 2015 musical, is a hero of the international financial elite. He first argued for a central bank when he was just 24, in 1779. From the outset he wanted the government to tax the people, so that “foreigners, as well as the citizens of America, could then reasonably repose confidence in its engagements,” meaning to profit from its debts.
Related:
Bankers Prance To War And Slavery, Pt 1: 'If there must be trouble, let it be in my day' (Dec 4, 2021)
Bankers Prance To War, Pt 2: Enter high-steppin' Alexander Hamilton, Globalist hero (Dec 8, 2021)
Illusion & Pharmakeia - How bankers and robber barons skin you alive (Jan 14, 2022)
Bankers Infect the Economy - Covid Cure was Premeditated (Jul 13, 2021)
See also:
When The Satirists Take Charge - War is hell, bankers fund both sides and politics is theatre (Mar 6, 2022)
Dec 8, 2021
Tying payments to your digital ID is inevitable, we are told. It a long-term trend made actual. It is future, present. It is young, eternal. It is Hamilton.
Alexander Hamilton, founding father reinvented as a youthful U.S. musical star, is a hero of the Globalists. He was the champion of central banks and big government. He dismissed the concerns of the States who had just freed themselves from the tyranny of central government: the British empire and its bankers.
He insisted that money should rest on a tripod: private central bankers should create debt, against which governments could lend money, imposing taxes to pay the interest.
In Thomas Jefferson’s eyes this was a recipe to re-introduce tyranny and so it has proved.
Hamilton used the threat of inevitability: lading the cumulus of impending doom to mount his argument — and for whom was he speaking; whence did this twentysomething white West Indian get his insight if not from the private bankers for whom he worked and whose interest he served?
As we shall see, his was not the only option and, given the recent experience of the former colony, Jefferson and others called it unpalatable. Hamilton and his successors engaged in roughly 150 years of subterfuge to get their wish — a centrally-levied and controlled income tax and the privately-owned Federal Reserve central bank.
Influencer
Born on the tiny Caribbean island of Nevis in 1755, Hamilton made his way through the import-export business to the American colonies while still in his teens. Despite being an outsider he made himself useful and by the age of 26 was pit bull to Robert Morris who founded, in 1781, the first private Bank of North America. By the following year Hamilton joined the Continental Congress.
Hamilton was an influencer. He published the Federalist Papers under a pseudonym as a pamphlet, the anonymous Internet of the day and the way to monopolize café talk.
Fans can find Hamilton memorabilia elsewhere. Two institutions he founded continue to this day: The Bank of New York and the New York Post. Not a bad achievement for one who died before he reached 50.
His biggest fans, however, remain the bankers who fueled his stratospheric rise and the financial power of the North East that would dominate the country from the Civil War onwards.
He is celebrated on the web site of Entrust, the citizen identification service owned by Germany’s Quandt family. Entrust in Apr 2021 acquired WorldReach “to provide DX [digital experience] in travel and citizen identification services” — and it lauds Hamilton on its page. [2]
“Alexander Hamilton was the lead architect of the American banking system, a system that is changing rapidly amid a global pandemic, long-term consumer payment trends… Hamilton could have never imagined the impact that future digital technologies would have on the banking system he designed for America.”
On the contrary, Hamilton and his backers had exactly that centralized future in mind.
Gilt and guile
The debates of the United States’ founders remain a cogent analysis of the demerits of privately-owned central banks because they directly address political control. There are many collections of quotes and there is no need to repeat them extensively here, except to caution the reader to research quotes carefully: a surprising number are bogus — created by wishful thinkers or those who aim to discredit, who knows? [3]
What is instructive about the American experience is the relentlessness with which the private bankers hounded the young nation until it finally was bamboozled into the creation of the Federal Reserve. The bankers were fully apprised of the riches to be garnered. Rockefeller, Carnegie, Morgan and Edison were intimately connected to the Rothschilds who had either a direct stakeholding or a commercial interest in each of their ventures.
After the initial attack on the colony’s paper money in 1746 — when the Bank of England, through the Currency Act, forbade the colonies to issue fiat and demanded only gold — the power to issue money changed back and forth eight times. The second battle featured Hamilton in a supporting role to Robert Morris founder of the private Bank of North America in 1781, which lasted four years.
It is evident that Hamilton was concerned to institute taxation as a way of paying foreign creditors. He penned the Federalist Paper No. 33, Concerning the General Power of Taxation, in 1788.
During the Constitutional Convention of 1787 he successfully obstructed any debate on money — leaving the door open to private banking. He became the first Treasury Secretary on September 11, 1789. Within 18 months by then Secretary Hamilton had launched the second private central bank, First Bank (1791) which lasted 20 years.
The third great struggle was that of President Andrew Jackson against the Second Bank of the United States (1816-36) — the biggest share owned by foreigners residing in London. The bank’s president Nicholas Biddle openly threatened to cause a depression unless Jackson restored its charter. In 1835 Jackson survived an assassination attempt and succeeded in closing the bank. It took 77 years for the central bankers to restore a new private central bank.
USA must be destroyed
The manipulation was only just beginning. If the young U.S. would not bend to the knee the attempt would be made to destroy it.
The causes of the U.S. Civil War are misrepresented, often deliberately so, obscuring the interest and participation of the French and the British — and the latter’s interests, “eternal and perpetual,” as Lord Palmerson put it in his 1848 speech on The Polish Question were primarily economic. The Confederate states also produced the bulk of the nation’s wealth, notably cotton, and thus received European support.
In 1862, French Emperor Napoleon III maneuvered to establish a French client state in Mexico. The British then put 11,000 troops in Canada along the northern U.S. border.
International bankers had already established a private monopoly to issue currency through the Bank of England and the Banque de France. They claimed they were the only guarantor of stability through their ownership of gold.
Tsar Alexander II knowing a resurgent Britain and France would again attack Russia, sent his fleet to New York and San Fransisco to support the young United States. The project of the banker-imperialists failed. Napoleon stepped down as emperor in 1870 and went into exile in Leamington Spa, Warwickshire, 30 miles from the birthplace of the author known as Britain’s greatest propagandist, in Stratford-Upon-Avon.
As described in Part One: Bankers Prance To War And Slavery President Abraham Lincoln had established a decentralized but federally-regulated national banking system. Initially backed by gold, a shortage and rising prices meant he decided to print the nation’s own Civil War Notes rather than see the government bow to foreign creditors.
The first paper currency issued directly by the federal government, greenbacks, became legal tender by Act of Congress in 1862. Though they traded at a discount to gold their value held up well, doing their job of supporting transaction and exchange, without building up any debt to private bankers. The Treasury also issued bonds against which national banks could lend, subject to inspection by the 1863-established office of the Comptroller of the Currency. [4]
Lincoln was assassinated and within the decade silver had been demonetized (1873), replaced by the gold standard.
Gold bugs will insist on the stabilizing effect of gold but current events show that gold can be manipulated at least in the medium term like any commodity.
The trick is that by removing the ability to expand the economy gradually by printing paper as needed, by demonizing even silver as too-common, the money was lashed to gold, putting control of the money supply back in the hands of goldsmiths. This contracted the economy, causing depression and unemployment.
A privately-owned central bank used it as the pretext to maneuver to fiat currency. Gold is scarce, and easy to control, unlike silver. Paper costs little. Digital costs electricity and if you can offset that onto the customer — nothing! So now we stand on the cusp of the next transition.
Cross of gold
In 1896, William Jennings Bryan called for a return of silver coinage. In his “Cross of Gold” Speech, to the Democratic National Convention, in Chicago, he said:
“…we will answer their demand for a gold standard by saying to them: You shall not press down upon the brow of labor this crown of thorns, you shall not crucify mankind upon a cross of gold.”
Even as a verifiable quote from a gifted orator and three times presidential candidate it is nowadays hard to find. [5]
When issued by national governments fiat was attacked in the press (owned by the bankers’ associates) and the people were told that gold was stable. Once gold was monopolized, it was squeezed until the pips squeaked, the argument was created for the greater issuance offered by paper money. The creation of the Federal Reserve thus completed the circle, back to fiat currency, but this time in the hands of the private bankers.
Jekyll and Hyde
The story of the founding of the Federal Reserve has been told many times, most notably by G Edward Griffin in The Creature of Jeckyll Island (1994). James Corbett did a service by condensing those ideas into a video.
There is also a spiritual dimension. The innermost soul of the human needs no more than to be. The people stand, they hope in sunshine, under God or maker. Yet they are surrounded by those who maniacally hoard gold, and will disrupt the life of the people to attain wealth, who will loot not just the physical vaults but that which we hold most dear.
The story goes that after FDR ordered the American people to surrender their gold, it was stored in Fort Knox and then stolen — by the richest families. This is acknowledged by the banker-owned press. The Financial Times’ Neil Collins wrote in 2017:
“Would it matter if Fort Knox turned out to be empty? In theory, its gold backs the greenback. In practice, there has been no connection since President Nixon broke the tie. Apart from wondering where it all went, would we, or the US taxpayer, be any worse off? These are deep waters, Watson . ..”
Collins is right. It doesn’t matter what the controllers declare to be wealth. It may be gold. It may be the balance of energy produced by your body net what you consume.
But there is a deeper consequence to this looting of the vaults — for once the people know that they stand empty, their contents lifted and stolen by hands unknown, the social contract is broken. Myths and narratives, spun with morbid congruity by the lugubrious press, are all that remains to spur the citizen-consumer into action.
One must not speak of the owners of this press — not the central committee nor any faction. For if the press had owners it must represent interest and then we should have to conclude — nay, be obliged — to confront the objective and its perpetrators.
Outside, in the street or marketplace, the hoarders of gold lien ever-more burdensome restrictions on the artisans, seeking to extract every last gram of their labour. The result is inevitably… nothing.
People give up. Creating anything becomes a prolongated process of timidity, licensing, obstruction and extortion. The best finds himself the enemy of the mediocre. The talisman of our modern society, the digital gadget, offers the promise to enable yet, all the time, the clock ticks on its planned obsolescence. Everything we do and create will be deleted.
The Reset
The money system is broken and there is a battle afoot to control its replacement, labeled The Great Reset. It would use labour, sweat and human energy to generate wealth, not only as the unit of common currency but to value life itself.
Money is political. When the author was a reporter most MPs and the journalists who fawned upon them were proudly and defiantly financially illiterate. They treated finance like a conspiracy theory and gave it a wide berth: something only a fool would attempt to decifer. Better to bluster your way through a budget debate than challenge your opponent’s masquerade of control.
Yet some politicians were in the know. One former investment banker would say, with twinkle in his eye, that the rich never gamble their own money. That is a clue to the monetary workings: it uses the nation as a colony, the politicians as administrators, the taxpayers as worker bees — today, he might have added, genetically modified and sterile.
[1] Thomas Jefferson — To John Taylor, Monticello May 28, 1816
[2] Juan C. Asenjo, Global Partner Marketing, Entrust, 2020 — Hamilton and instant card issuance
[3] The Money Masters - Erratum
[4] Robert D. Hormats, HBR, 2003 — Abraham Lincoln and the Global Economy
[5] William Jennings Bryan — The San Francisco call. [volume], July 11, 1896, Page 3
Very good article, agree completely!! I had to delete the former comment as apparently I can't spell the url of my blog correctly today. But here is another good article which I agree with completely: https://degraw.substack.com/p/covid-is-a-cia-led-operation-in-partnership
Well done! Here is my take on the “Creature” https://frederickrsmith.substack.com/p/creature-from-jekyll-island-20-07-17