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G. Edward Griffin

Freedom Force International-

G. Edward Griffin is a writer and documentary film producer with many successful titles to his credit. Listed in Who’s Who in America, he is well known because of his talent for researching difficult topics and presenting them in clear terms that all can understand. He has dealt with such diverse subjects as archaeology and ancient Earth history, the Federal Reserve System and international banking, terrorism, internal subversion, the history of taxation, U.S. foreign policy, the science and politics of cancer therapy, the Supreme Court, and the United Nations. His better-known works include The Creature from Jekyll Island, World without Cancer, The Discovery of Noah’s Ark, Moles in High Places, The Open Gates of Troy, No Place to Hide, The Capitalist Conspiracy, More Deadly than War, The Grand Design, The Great Prison Break, and The Fearful Master.


Mr. Griffin is a graduate of the University of Michigan where he majored in speech and communications. In preparation for writing his book on the Federal Reserve System, he enrolled in the College for Financial Planning located in Denver, Colorado. His goal was not to become a professional financial planner but to better understand the real world of investments and money markets. He obtained his CFP designation (Certified Financial Planner) in 1989.


Mr. Griffin is a recipient of the coveted Telly Award for excellence in television production, a Contributing Editor of The New American magazine, the creator of the Reality Zone Audio Archives, and is President of American Media, a publishing and video production company in Southern California. He has served on the board of directors of The National Health Federation and The International Association of Cancer Victors and Friends and is Founder and President of The Cancer Cure Foundation. He is also the founder and president of Freedom Force International.


How It REALLY Happened


The Creature from Jekyll Island
by G. Edward Griffin

Excerpts from Chapter One specifically addressing
the creation of the Federal Reserve System.

The secret meeting on Jekyll Island in Georgia at which the Federal Reserve was conceived; the birth of a banking cartel to protect its members from competition; the strategy of how to convince Congress and the public that this cartel was an agency of the United States government.--...were seven men who represented an estimated one-forth of the total wealth of the entire world.

1. Nelson W. Aldrich, Republican "whip" in the Senate, Chairman of the National Monetary Commission, business associate of J.P. Morgan, father-in-law to John D. Rockefeller, Jr.;

2. Abraham Piatt Andrew, Assistant Secretary of the United States Treasury;

3. Frank A. Vanderlip, president of the National City Bank of New York, the most powerful of the banks at that time,representing William Rockefeller and the international investment banking house of Kuhn, Loeb & Company;

4. Henry P. Davison, senior partner of the J.P Morgan Company;

5. Charles D. Norton, president of J.P. Morgan's First National Bank ofNew York;

6. Benjamin Strong, head of J.P. Morgan's Bankers Trust Company;and

7. Paul M. Warburg, a partner in Kuhn, Loeb & Company, a representative of the Rothschild banking dynasty in England and France, and brother to Max Warburg who was head of the Warburg banking consortium in Germany and the Netherlands.

In 1913, the same year that the Federal Reserve Act was passed into law, a subcommittee of the House Committee on Currency and Banking, under the chairmanship of Arsene Pujo of Louisiana, completed its investigation into the concentration of financial power in the United States. Pujo was considered to be a spokesman for the oil interests, part of the very group under investigation, and did everything possible to sabotage the hearings. In spite of his efforts, however, the final report of the committee at large was devastating. It stated:

Your committee is satisfied from the proofs submitted, even in the absence of data from the banks, that there is an established and well defined identity and community of interest between a few leaders of finance...which has resulted in great and rapidly growing concentration of the control of money and credit in the hands of these few men...

When we consider, also, in this connection that into these reservoirs of money and credit there flow a large part of the reserves of the banks of the country, that they are also the agents and correspondents of the out-of-town banks in the loaning of their surplus funds in the only public money market of the country, and that a small group of men and their partners and associates have now further strengthened their hold upon the resources of these institutions by acquiring large stock holdings therein, by representation on their boards and through valuable patronage, we begin to realize something of the extent to which this practical and effective domination and control over our greatest financial, railroad and industrial corporations has developed, largely within the past five years, and that it is fraught with peril to the welfare of the country.

The purpose of this meeting on Jekyll Island was...to come to an agreement on the structure and operation of a banking cartel. The goal of the cartel, as is true with all of them, was to maximize profits by minimizing competition between members, to make it difficult for new competitors to enter the field, and to utilize the police power of government to enforce the cartel agreement.

In more specific terms, the purpose and, indeed, the actual outcome of this meeting was to create the blueprint for the Federal Reserve System.--

The first leak regarding this meeting found its way into print in 1916. It appeared in Leslie's Weekly and was written by a young financial reporter by the name of B.C. Forbes, who later founded Forbes Magazine. The article was primarily in praise of Paul Warburg, and it is likely that Warburg let the story out during conversations with the writer. At any rate, the opening paragraph contained a dramatic but highly accurate summary of both the nature and purpose of the meeting:

Picture a party of the nation's greatest bankers stealing out of New York on a private railroad car under cover of darkness, stealthily hieing hundreds of miles South, embarking on a mysterious launch, sneaking on to an island deserted by all but a few servants, living there a full week under such rigid secrecy that the names of not one of them was once mentioned lest the servants learn the identity and disclose to the world this strangest, most secret expedition in the history of American finance.

I am not romancing. I am giving to the world, for the first time, the real story of how the famous Aldrich currency report, the foundation of our new currency system, was written.--

In 1930, Paul Warburg wrote a massive book - 1750 pages in all - entitled "The Federal Reserve System, Its Origin and Growth". In this tome, he described the meeting and its purpose but did not mention either its location or the names of those who attended. But he did say: "The results of the conference were entirely confidential. Even the fact there had been a meeting was not permitted to become public." Then in a footnote he added: "Though eighteen years have since gone by, I do not feel free to give a description of this most interesting conference concerning which Senator Aldrich pledged all participants to secrecy."--

In the February 9, 1935, issue of the Saturday Evening Post, an article appeared written by Frank Vanderlip. In it he said: "Despite my views about the value to society of greater publicity for the affairs of corporations, 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 Jekyll Island as the occasion of the actual conception of what eventually became the Federal Reserve System....We were told to leave our last names behind us. We were told, further, that we should avoid dining together on the night of our departure. We were instructed to come one at a time and as unobtrusively as possible to the railroad terminal on the New Jersy littoral of the Hudson, where Senator Aldrich's private car would be in readiness, attached to the rear end of a train for the South....

Once aboard the private car we began to observe the taboo that had been fixed on last names. We addressed one another as "Ben," "Paul," "Nelson," "Abe" - it is Abraham Piatt Andrew. Davison and I adopted even deeper disguises, abandoning our first names. On the theory that we were always right, he became Wilbur and I became Orville, after those two aviation pioneers, the Wright brothers....The servants and train crew may have known the identities of one or two of us, but they did not know all, and it was the names of all printed together that would have made our mysterious journey significant in Washington, in Wall Street, even in London. Discovery, we knew, simply must not happen, or else all our time and effort would be wasted.

If it were to be exposed publicly that our particular group had got together and written a banking bill, that bill would have no chance whatever of passage by Congress.--

As with all cartels, it had to be created by legislation and sustained by the power of goverment under the deception of protecting the consumer.--

As John Kenneth Galbraith explained it:

"It was his [Aldrich's] thought to outflank the opposition by having not one central bank but many. And the word bank would itself be avoided."--Galbraith says "...Warburg has, with some justice, been called the father of the system."

Professor Edwin Seligman, a member of the international banking family of J. & W. Seligman, and head of the Department of Economics at Columbia University, writes that "...in its fundamental features, the Federal Reserve Act is the work of Mr. Warburg more than any other man in the country."--

Another brother, Max Warburg, was the financial adviser of the Kaiser and became Director of the Reichsbank in Germany. This was, of course, a central bank, and it was one of the cartel models used in the construction of the Federal Reserve System. The Reichsbank, incidentally, a few years later would create the massive hyperinflation that occured in Germany, wiping out the middle class and the entire German economy as well.--

...A. Barton Hepburn of Chase National Bank was even more candid. He said:

"The measure recognizes and adopts the principles of a central bank. Indeed, if all works out as the sponsers of the law hope, it will make all incorporated banks together joint owners of a central dominating power." And that is about as good a definition of a cartel as one is likely to find.--

...it is incapable of achieving its stated objectives.--

...why is the System incapable of achieving its stated objectives?

The painful answer is: those were never its true objectives.--

Anthony Sutton, former Research Fellow at the Hoover Institution for War, Revolution and Peace, and also Professor of Economics at California State University, Los Angeles, provides a somewhat deeper analysis. He writes:

"Warburg's revolutionary plan to get American Society to go to work for Wall Street was astonishingly simple. Even today,...academic theoreticians cover their blackboards with meaningless equations, and the general public struggles in bewildered confusion with inflation and the coming credit collapse, while the quite simple explanation of the problem goes undiscussed and almost entirely uncomprehended. The Federal Reserve System is a legal private monopoly of the money supply operated for the benefit of the few under the guise of protecting and promoting the public interest.--"

The real significance of the journey to Jekyll Island and the creature that was hatched there was inadvertantly summarized by the words of Paul Warburg's admiring biographer, Harold Kellock:

"Paul M. Warburg is probably the mildest-mannered man that ever personally conducted a revolution. It was a bloodless revolution: he did not attempt to rouse the populace to arms. He stepped forth armed simply with an idea. And he conquered. That's the amazing thing. A shy, sensitive man, he imposed his idea on a nation of a hundred million people.--"

Click here to read Chapter 10, THE MANDRAKE MECHANISM

 

Harry S. Dent Jr.

H. S. Foundation


Harry S. Dent, Jr. is the Founder and President of the H. S. Foundation, whose mission is “Helping People Understand Change”. Using exciting new research developed from years of hands-on business experience, Mr. Dent offers a refreshingly positive and understandable view of the future. Mr. Dent is a well-known author and is known as the developer of The Dent Method, a forecasting approach based on changes in demographic trends.

In his book The Great Boom Ahead, published in 1992, Mr. Dent stood virtually alone in accurately forecasting the unanticipated “Boom” of the 1990s. Today he continues to educate audiences about his predictions for the next and possibly last great bull market, from late 2005 into early to mid 2010. Since 1992 he has authored two consecutive best sellers The Roaring 2000s and The Roaring 2000s Investor (Simon and Schuster). In his latest book, The Next Great Bubble Boom, he offers a comprehensive forecast for the next two decades and explains how fundamental trends suggest strong growth ahead, followed by a longer-term economic contraction. Mr. Dent also publishes the HS Dent Forecast newsletter, which offers current analysis of economic, and financial market trends.

Mr. Dent received his MBA from Harvard Business School, where he was a Baker Scholar and was elected to the Century Club for leadership excellence. Since 1988 he has been speaking to executives, financial advisors and investors around the world. He has appeared on “Good Morning America”, PBS, CNBC, CNN/FN, and has been featured in Barron’s, Investor’s Business Daily, Entrepreneur, Fortune, Success, US News and World Report, Business Week, The Wall Street Journal, American Demographics and Omni.

While at Bain & Company he worked as a consultant with several Fortune 100 companies. He has also been CEO of several entrepreneurial growth companies and an investor in new ventures. A frequent speaker on economic trends, Mr. Dent educates clients and partners on The Dent Method and provides strategic vision for asset allocation and investment selection.


Website: Click Here.


2010 Archives:

Steve Forbes, Dr. Ron Paul, Robert Prechter Jr., Gerald Celente, Peter Eliades, Chris Waltzek, Bob Chapman & Robert Ian(Encore Show)- February 27, 2010

Dr. Burton Malkiel, Dr. Marc Faber, Chris Waltzek, Bob Chapman & Robert Ian - February 20, 2010

Gerald Celente, James Turk, Chris Waltzek, Bob Chapman & Robert Ian - February 13, 2010

Steve Forbes, Robert Prechter Jr., Peter Eliades, Chris Waltzek, Bob Chapman & Robert Ian - February 6, 2010

John Williams, Jeffrey Christian, Chris Waltzek, Bob Chapman & Robert Ian - January 30, 2010

Dennis Gartman, Gary Dorsch, Chris Waltzek, Bob Chapman & Robert Ian - January 23, 2010

Richard Daughty, John Mauldin, David Morgan, Chris Waltzek, Bob Chapman & Robert Ian - January 16, 2010

Andre Eggelletion, Addison Wiggin, Harry S. Dent Jr., Chris Waltzek, Bob Chapman & Robert Ian - January 9, 2010

Kevin Kerr, George Z. Blake, Louis Navellier, Chris Waltzek, Bob Chapman & Robert Ian - January 2, 2010

 

2009 Archives:

Doug Casey, Bob Hoye, Charles Goyette, Chris Waltzek, Bob Chapman & Robert Ian - December 26, 2009

Dr. Ron Paul, Gerald Celente, Chris Waltzek, Bob Chapman & Robert Ian - December 19, 2009

Jim Rogers, Dr. Marc Faber, Chris Waltzek, Bob Chapman & Robert Ian - December 12, 2009

Robert Prechter, John Rubino, Chris Waltzek, Bob Chapman & Robert Ian - December 5, 2009

Jim Sinclair, Bill Murphy, Chris Powell, Chris Waltzek, Bob Chapman & Robert Ian - November 21, 2009

Dr. Stephen Leeb & Peter Grandich, Chris Waltzek, Bob Chapman & Robert Ian - November 21, 2009

Catherine Austin Fitts & James Turk, Chris Waltzek, Bob Chapman & Robert Ian - November 14, 2009

Jim Rogers, Chris Waltzek, Bob Chapman & Robert Ian - November 7, 2009

Harry S. Dent Jr., Chris Waltzek, Bob Chapman & Robert Ian - October 31, 2009

Peter Schiff, Chris Waltzek, Bob Chapman & Robert Ian - October 24, 2009

Gerald Celente, Chris Waltzek, Bob Chapman & Robert Ian - October 17, 2009

John Williams, Chris Waltzek, Bob Chapman & Robert Ian - October 10, 2009

John Williams, Chris Waltzek, Bob Chapman & Robert Ian - October 10, 2009

Robert Prechter, Chris Waltzek, Bob Chapman & Robert Ian - October 3rd, 2009

Peter Grandich, Chris Waltzek, Bob Chapman & Robert Ian - September 26th, 2009

James Turk, Chris Waltzek, Bob Chapman & Robert Ian - September 19th, 2009

Dr. Marc Faber, Chris Waltzek, Bob Chapman & Robert Ian - September 12th, 2009

Gerald Celente, Chris Waltzek, Bob Chapman & Robert Ian - September 5th, 2009

Harry S. Dent, Chris Waltzek, Bob Chapman & Robert Ian - August 29th, 2009

Kevin Kerr, Chris Waltzek, Bob Chapman & Robert Ian - August 22nd, 2009

Gerald Celente, Chris Waltzek, Bob Chapman & Robert Ian - August 15th, 2009

Jim Sinclair, Chris Waltzek, Bob Chapman & Robert Ian - August 8th, 2009

Dr. Ron Paul & Jim Rogers, Chris Waltzek, Bob Chapman & Robert Ian(encore show) - August 1st, 2009

Peter Grandich, Chris Waltzek, Bob Chapman & Robert Ian - July 25th, 2009

Kal Gronvall, Chris Waltzek, Bob Chapman & Robert Ian - July 18th, 2009

James Turk, Chris Waltzek, Bob Chapman & Robert Ian - July 11th, 2009

Jim Rogers, Chris Waltzek, Warren Brussee, Bob Chapman & Robert Ian - July 4th, 2009

Axel Merk, Richard Daughty, Chris Waltzek, Bob Chapman & Robert Ian - June 27, 2009

Peter Schiff, Chris Waltzek, Bob Chapman & Robert Ian - June 20, 2009

Dr. Ron Paul, Chris Waltzek, Bob Chapman & Robert Ian - June 13, 2009

Harry S. Dent Jr., Chris Waltzek, Bob Chapman & Robert Ian - June 6, 2009

John Williams, ZGB, Peter Grandich, Chris Waltzek, Bob Chapman & Robert Ian - May 30, 2009

Dr. Marc Faber, Chris Waltzek, Bob Chapman & Robert Ian - May 23, 2009

Gerald Celente, Chris Waltzek, Bob Chapman & Robert Ian - May 16, 2009

Matthew Simmons, Chris Waltzek, Bob Chapman & Robert Ian - May 9, 2009

Gerald Celente, Chris Waltzek, Bob Chapman & Robert Ian - May 2, 2009

Louis Navellier, Chris Waltzek, Bob Chapman & Robert Ian - March 7, 2009

Kal Gronvall, Chris Waltzek, Bob Chapman & Robert Ian -February 14, 2009

Kevin Kerr, Chris Waltzek, Bob Chapman & Robert Ian - January 31, 2009

Keith Neumeyer, Chris Waltzek, Bob Chapman & Robert Ian - January 24, 2009

Greg McCoach, Chris Waltzek, Bob Chapman & Robert Ian - January 17, 2009

Dr. Leo Kim, Chris Waltzek, Bob Chapman & Robert Ian- January 10, 2009

Doug Casey, Chris Waltzek, Bob Chapman & Robert Ian- January 3, 2009

2008-2006 Archives Click Here.

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