GSR
- January 6th:
Guest:
G.
Edward Griffin
Gold: $838!
COMING
SOON:
David
D. Clarke
LISTEN
HERE:
GSR
Audio Player
Please
Click Image Below:
(Please
Turn off Popup Blocker)
Gold
& Silver Forecaster Special!!!
For
A Free Subscription to the SilverForecaster (Promo
Password: RADIO)
Subscribe
to the GoldForecaster.com
GSR
Toll-Free Hotline!
Share
Your Questions & Comments!
- Toll
Free: (1-888-654-2278)
- Enter
10 digits: 8004444444
- Enter
Code: 4444
(Outside
US: +1-305-437-8719)
This
Weeks Guests & Highlights:
- G.
Edward Griffin
- For
a Free subscription
to GSR's 3 Spotlight Picks Newsletter with
charts, ticker symbols and market report, please
CLICK
HERE.
Real
Audio
- Headline
news & market forecast.
-
Spotlight Picks with big dividends.
- The
International Forecaster and Chris Waltzek answer
listener questions.
2nd
Hour:
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
The Creature from Jekyll Island: A Lecture on
the Federal Reserve
"G. Edward Griffin exposes the most blatant
scam of all history. It’s all here: the
cause of wars, boom-bust cycles, inflation,
depression, prosperity. It's just exactly what
every American needs to know about the power
of the central bank."
The Creature From Jekyll Island
Goldseek
Radio via Satellite. The first show on Sunday
mornings:
C-band satellite, Galaxy 15, Transponder 17, 7.92
Narrowband Audio, Horizontal Polarity, 133 degrees
west.
New:
GSR
on Global Satellite!
Saturday
2pm EST
Click
for Webcast
or
Satellite:
Telstar
5
(Intelsat
Americas 5)
KU
Band (Footprint Map)
Transponder 5
Frequency: 11836
Symbol Rate: 20765
Vertical Polarization
2007
Archvies:
 James
Puplava , Bob Chapman & Chris Waltzek
- December 22, 2007
Harry
S. Dent Jr, Bob Chapman & Chris Waltzek
- December 15, 2007
Joel
Skousen, Bob Chapman & Chris Waltzek
- December 8, 2007
Senator
Nancy Schaefer, The Aden Sisters, Bob Chapman &
Chris Waltzek - December 1, 2007
Bernard von NotHaus,
Bob Chapman & Chris Waltzek - November
24, 2007
Puru Saxena,
Bob Chapman & Chris Waltzek - November
17, 2007
Jim Rogers, Robert Ian,
Warren Buffet, Bob Chapman & Chris Waltzek
- November 10, 2007
Bob Hoye, Warren Buffet,
Bob Chapman & Chris Waltzek - November
3, 2007
Bill Reid, Axel Merk,
Robert Ian, Bob Chapman & Chris Waltzek
- October 27, 2007
Peter Schiff, Bob Chapman
Chris Waltzek - October 20, 2007
Gary Snodgrass, Chris
Mayer, Bob Chapman Chris Waltzek - October
13, 2007
Bill Murphy, Robert
Ian, Justice Litle, Jack Chan, ZGB, Bob Chapman
Chris Waltzek - October 6, 2007
Congressman Ron Paul, Bob Chapman
& Chris Waltzek - September 29, 2007
Peter Grandich, Bob Chapman
& Chris Waltzek - September 22, 2007
Jim Sinclair, Bob Chapman
& Chris Waltzek - September 15, 2007
John Williams, Bob Chapman
& Chris Waltzek - September 8, 2007
Puru Saxena, Bob Chapman &
Chris Waltzek - September 1, 2007
Peter Eliades, Bob Chapman
& Chris Waltzek - August 25, 2007
Peter Schiff, Bob Chapman
& Chris Waltzek - August 18, 2007
Lindsey Williams, Bob Chapman
& Chris Waltzek - August 11, 2007
Ross Hansen, Bob Chapman &
Chris Waltzek - August 4, 2007
Justice Litle, Jim Willie,
Bob Chapman & Chris Waltzek - July 28, 2007
Andre Eggelletion, Bill Murphy,
Bob Chapman & Chris Waltzek - July 21, 2007
Sara Nunnally, Bob Chapman &
Chris Waltzek - July 14, 2007
Kevin Kerr, Bob Chapman &
Chris Waltzek - July 7, 2007
Mike Larson, Bob Chapman &
Chris Waltzek - June 30, 2007
Ross Hansen, Bob Chapman &
Chris Waltzek - June 23, 2007
John Perkins, Bob Chapman
& Chris Waltzek - June 16, 2007
Catherine Austin Fitts,
Franklin Sanders, Bob Chapman & Chris Waltzek
- June 9, 2007
Sara Nunnally, Bob Chapman &
Chris Waltzek - June 2, 2007
Kevin Kerr, Bob Chapman &
Chris Waltzek - May 26, 2007
Monty Guild, Bob Chapman &
Chris Waltzek - May 19, 2007
Ross Hansen, Puru Saxena,
Bob Chapman & Chris Waltzek - May 12, 2007
Chris Waltzek & Greg McCoach
- May 5, 2007
Chris Waltzek, Peter Schiff
& Justice Litle - April 28, 2007
Chris Waltzek, Bob Chapman,
Jim Rogers, Jack Chan & Zapata George Blake
- April 21, 2007
Chris Waltzek, Bob Chapman,
Harry Schultz, Ellen Augustine, Antonia Juhasz,
Jim Cramer - April 14, 2007
Dr. Peter Navarro, Bob Chapman
& Chris Waltzek - April 7, 2007
Axel Merk, Bob Chapman &
Chris Waltzek - March 31, 2007
Puru Saxena, Justice Litle,
Gary Kaltbaum, Bob Chapman & Chris Waltzek
- March 24, 2007
Jim Puplava, Jack Chan, George
Zapata Blake, Bob Chapman & Chris Waltzek
- March 17, 2007
Arch Crawford, Jack Singer,
Gary Kaltbaum, Bob Chapman & Chris Waltzek
- March 10, 2007
Dan Norcini, Justice Litle,
George Blake, Jack Chan, Bob Chapman & Chris
Waltzek - March 3, 2007
Sara Nunnally, John Perkins,
Bob Chapman & Chris Waltzek - February 24,
2007
Yannis Mostrous,Congressman
Dr. Ron Paul, Jonathan
Honig, Bob Chapman & Chris Waltzek - February
17, 2007
Congressman Dr. Ron Paul,
Bob Chapman & Chris Waltzek - February 10,
2007
Jim Rogers, Dr. Marc
Faber,
Arch Crawford, Jim Letourneau,
Bob Chapman & Chris Waltzek - February 3,
2007
J.H. Kunstler, Jack
Chan, Gary Kaltbaum, Bob Chapman & Chris Waltzek
- January 27, 2007
Dan Solin, Peter Grandich,
Jack Singer, Jack Chan, Bob Chapman & Chris
Waltzek - January 20, 2007
Richard Daughty, Bob Chapman
& Chris Waltzek - January 13, 2007
Kal Gronvall, Bob Chapman
& Chris Waltzek - January 6, 2007
2006
Archvies:
Sara Nunnally, Steven
B. Lord & Bob Chapman - December 30th, 2006
Bernard Von NotHaus
& Bob Chapman - December 23rd, 2006
Peter Tertzakian &
Bob Chapman - December 16th, 2006
Dennis Gartman &
Bob Chapman - December 9th, 2006
Andre Eggelletion & Bob
Chapman - December 2nd, 2006
Greg McCoach & Bob
Chapman - November 25th, 2006
Jeff Siegel &
Bob Chapman - November 18th, 2006
Steven B. Lord & Bob
Chapman - November 11th, 2006
Peter Spina, Todd Schoenberger,
Chris Mayer, Mike Johnson - November 4th, 2006
Bill Murphy & Bob Chapman
- October 28th, 2006
Dr. Marc Faber & Bob
Chapman - October 21st, 2006
Peter Eliades & Bob
Chapman - October 14th, 2006
Brian Pretti, The Contrary
Investor & Bob Chapman - October 7th, 2006
Richard Daughty THE MOGAMBO
GURU & Bob Chapman - September 30th, 2006
Jim Rogers, Arch Crawford,
Jim Letourneau & Bob Chapman - September
24th, 2006
Bob Chapman, Jonathan Honig,
Gary Kaltbaum, Jack Chan & Peter Grandich
- September 16th, 2006
Joe Granville, Kal
Gronvall, Bob Chapman, Gary Kaltbaum & Jack
Chan - September 9th, 2006
Jay Taylor, Chris
Mayer, Bob Chapman, Gary Kaltbaum & Jack Chan
- September 2nd, 2006
Arch Crawford, Bob Chapman,
Gary Kaltbaum & Jack Chan - August 26, 2006
Peter Schiff,
Justice Litle, Jack Chan, Bob Chapman & Gary
Kaltbaum - August 19, 2006
John Loeffler, Gary Kaltbaum
& Bob Chapman - August 12, 2006
Chris Powell,
Karl Gronvall, Gary Kaltbaum & Bob Chapman
- August 5, 2006
Dr. Leeb, David Bond,
Bob Chapman, Jack Chan & Gary Kaltbaum -
July 28, 2006
Paul Van Eeden, Bob Chapman
plus more - July 22, 2006
Tim Wood, Bob Chapman plus
more - July 15, 2006
Doug Casey & The Gold Wizards
- July 8, 2006
Pamela Aden,
David Garofalo & The Gold Wizards - July
1, 2006
James Turk, Bob Moriarty
& The Gold Wizards - June 24, 2006
The Mogambo Guru,
Dr. Roger Tutterow & George-Whitehurst-Berry
- June 17, 2006
G. Edward Griffin,
Kal Gronvall, Gary Kaltbaum, Bob Chapman and Jack
Chan - June 10, 2006
Richard
Russell, Ron Brown & Trading Wizards - June
03, 2006
Jason
Hommel, Gary Stroik, Bob Chapman, Gary Kaltbaum
& Jack Chan - May 27, 2006
Tom
Udall, Gary Stroik, Bob Chapman, Gary Kaltbaum &
Jack Chan - May 20, 2006
Bill Murphy
& Michael Covel - May 13, 2006
Jim Sinclair - May
06, 2006
Richard Daughty, The Mogambo
Guru - April 28, 2006
Catherine Austin
Fitts - April 22, 2006
Mark Leibovit - April
15, 2006
Addison Wiggin -
April 8, 2006
Dr. Ron Paul - April 1,
2006
Bob Chapman - March 25,
2006
Dr. Marc Faber
- March 18, 2006
John Rubino &
David Coffin - March 11, 2006
Julian Phillips
& Gary Kaltbaum - March 4, 2006
Steve Forbes
& Dr. Van K. Tharp - February 25, 2006
Bob Chapman
& Jack Chan - February 18, 2006
Jim Willie,
Roland Watson & David Morgan - February
11, 2006
David Morgan
Jim Rogers
James Turk
Dr. Marc Faber
Bill Murphy
|
For
A Free Subscription to the SilverForecaster (Promo
Password: RADIO)
Subscribe
to the GoldForecaster.com
GSR Host & Co-Producer, Chris Waltzek:
For
a Free subscription to
GSR's 3 Spotlight Picks Newsletter with charts,
ticker symbols and market report, please CLICK
HERE. Chris's Radio Appearances:
The Byte Show:
Click
Here.
Erskine on GCN:
Click Here.
GSR
TOP STOCK ANALYST
Peter Spina:
Never Miss His Stocks!
Click
Here!
GSR TOP MARKET GURU
Called 2007 Gold Rally!
Please Visit Our Sponsor:
New: RSS
Feed
Add
to iTunes!
Dial-Up
Real Audio
MP3
FAST
Download:
Highest Quality
Download:
Right
Click Above and "Save Target As..." to download.
.
To learn more about software needed to play the above
formats, please
visit the FAQ.
|
