Babylon's Money
By: Bertrand Comparet
Because we people are the Children of Yahweh, we want to know what our Father's
will is. Then we want to live according to His will. It is no news to you that
we have reached this particular point in history. We are in the end times, the
last days. We are at the point where we can already see the rapid approach of
the complete collapse of our civilization.
I have no optimistic message that if we just close our eyes it will go away, it
won't. We have already shut our eyes for so many generations, we are now going
to have to open them and face the facts. We are at the point of the collapse
and destruction of our civilization, because there is no evil being done today
that we did not permit. Our leaders have betrayed us. Not the least of those,
in this corrupt betrayal, have been those in the organized church system. These
false clergymen have led the betrayal.
Somebody once asked Satan, "What are you going to do when you run up
against the great truth? This truth is so plain and clear, you can't refute it
and you can't twist it." Satan replied, "Oh. I'll just organize
it."
This is the way it has happened. We have let Satan do the organizing and you
see what we are coming to. Today we see ourselves threatened, not by one
dangerous evil, but by many. They are all coming together at once, just like
the spokes of a wheel. These evils start out at different points on the rim and
they run in different directions. However, they all come together at the same
place, at the hub. They are all part of the Babylonian system, which we were
warned to get out of. "Come out of her My people, lest you be partakers of
her sins and suffer your part in her plagues."
Today I wish to teach you about Babylon's money. The enemy, the children of
Satan, have tried repeatedly in the past to overcome and destroy us by force
and by military attack. This has always failed because there were enough of us,
true to Yahweh, that Yahweh always came to our defense and destroyed the enemy
army. The enemy has learned if they can control our money system, they can
enslave us more completely than they could by military force. What is more,
they can make you pay the cost of your own enslavement. They don't have to
spend a penny of it out of their own pockets.
The liberals have preached to us, for a long time, that the only function of
government is to tax its unfortunate citizens into such a state of destitution;
they become dependant on the government for a handout, for their living. Then
these destitute people can be sternly warned, unless you vote this same
administration back into power, your welfare check is going to be cut down.
This has been done to perpetuate our own slavery.
The other function of the government, of maintaining peace, should be abdicated
in favor of allowing riots to go on. This is because the rioters provide one of
those minority groups that help to rule and keep the majority under control.
One, if not the most important function of government, is issuance of money.
All the money there was, in the original thirteen colonies, wouldn't be nearly
enough to carry on the daily business of the one city of Bellflower, California
in these days. As our nation expands, with more people carrying on more
business, it becomes necessary to have more money in circulation.
One of the great economists of our day, F.W. Taussig of Harvard, states the
quantity theory of money in the following way. "If it is to function as
money as a medium of exchange, which it is supposed to do, there must be in
existence, in circulation, one dollar in money of every dollar's worth of
property of any kind, capable of being purchased with money."
If you are a homeowner, you may some day want to sell your home. However, you
can't sell your home unless there is enough money, some place, with which
someone can buy it from you. If you happen to be a merchant with a big,
well-stocked store, you can't sell an article in it unless there is money
somewhere in existence, with which a buyer may come and purchase your products.
I'm sure you get the picture.
We only have a fraction of one percent of enough money to meet this need. This
has compelled us, for lack of money, to do business on bank credit, which costs
us extra for interest (usury).
I am not making a general attack upon your local banker. In allowing the
Babylonian economic system to take our money issuance over, we have made the
bank a necessity. If we were under the laws of Yahweh, we wouldn't need as
large a police force as we need now, because there isn't enough money so people
will steal to survive. We ought to be under the laws of Yahweh and then we
would have economic freedom.
I don't go around crusading to fire half the police force now. I wish we had
more police, not less, as long as we insist on staying under the Babylonian
system, instead of Yahweh's laws. Neither am I conducting a crusade to abolish
the local banking system. This cannot be done until we set up Yahweh's economic
laws in total.
If you have a dollar in money, you can spend one hundred cents of it. But, if
you have to go out and borrow the money, you can probably spend only a portion
of it because you have to pay interest. Today the interest is taken out in
advance before the bankers even let you have the money. This means that you can
put less and less money back into circulation. This is why the laws of Yahweh
forbid any interest to be charged on money.
It is not only that your purchases are cut down, but also since you can't spend
as much, the merchant can't sell as much. Because of this the merchant can't
hire more employees, he can't pay more or higher wages, so this becomes a
vicious circle. This is only a minor part of it.
The local bank starts with so many millions of dollars in capital. This has
been obtained by the bank selling stock or part ownership, so this is the
amount of money they have to loan out. Then the depositors put their money in
the bank so this adds to the lendable funds. However, the bankers have
discovered, by many generations of experience, that a bank can lend many times
more dollars than it has recorded on its books.
The bankers will loan out ten dollars for every dollar they have. The reason
they can do this is because very few people ask for their money in cash.
We go to the bank and borrow a thousand dollars. The banker doesn't count out
and give you ten one hundred dollar bills. We are given a little passbook with
the figure $1,000 written in it. You write a check that is a down payment on a
TV set, then you draw a check for a new set of tires, and so on. The merchants
don't take these checks in and get cash; they just deposit these checks in the
bank. All the bank does is make bookkeeping entries, changing the money from
your account to the merchant's account. All this time the bank hasn't had to
pay out any cash.
Once in awhile, we go to a bank and cash a $25.00 check for pocket money.
Remember, one-tenth of the amount the bank has in reserves is enough to take
care of these small amounts. Eventually it reaches the point where the bank has
loaned out ten dollars for every dollar it has. As you will learn, there is a
more sinister entity lurking in the background.
The bank ought to be able to take a mortgage on your home, which is perfectly
good security, and sell it to somebody else. This would give the bank more
money to continue functioning as a bank. This is the theory upon which a larger
organization, the Federal Reserve System, was organized. But the trouble with
theory is the old one, "Figures don't lie but liars do figure". The
bankers don't run the banks according to theory. This larger, central
organization, is falsely named because it isn't federal at all, it is purely a
private banking institution.
Our congress has given this private banking corporation the absolute power, in
its uncontrolled discretion, to create panic and depressions, any time it sees
fit, just by cutting off the money supply. The Federal Reserve can shut down
any and all activities of the banks.
As you probably know, most merchants don't have enough money to buy new stock
for their business. They finance this new stock through the banks paying
interest. Many farmers need a loan each year to tide them over until their
crops go to market.
These farmers have to have bank credit, because of the system we are under.
Under the Federal Reserve system, disaster has been brought upon us time and
time again.
Many farmers were financially ruined and small town banks were wiped out in
1921. This was done by the deliberate and knowing action of the Federal Reserve
system. The Federal Reserve bankers brought about the great crash of 1929.
These are examples of what great power having control of the money supply
gives. This is a power which no private man or group of men should possess.
This power was given, by our elected congress and senate, to the directors of
this private banking institution.
Now we are getting to the next step, which is the worst of all. Each year our
nation and its business should be expanding. Therefore, with more business to
be conducted, more money is needed. But when you don't have enough money on
which to conduct the present, existing businesses, and the government extorts
money from the unfortunate taxpayers, the government is not doing anything to
help the situation, they are making things worse.
The government, not the private bankers, should be issuing more money, to keep
up with the expanding needs of the nation's economy. This way the people would
benefit, not the private international banksters. With the government issuing
the money, there would be no national debt and no need for any kind of an
income tax.
To add insult to injury, the Federal Reserve isn't even owned by Americans, it
is owned by the international Jewish bankers.
Let us now suppose, in order to keep things easier, instead of a 180 billion
dollar budget for the following year, as President Johnson wanted, let's call
it 100 billion dollars. Then let's suppose the experts in the Department of
Commerce figured out that the following year, to keep business humming on a
level of prosperity for everybody, there should be 15 billion more dollars in
circulation than there was. The government would then issue 15 billion dollars
in new money, which the government would then use to pay government expenses
with. This would leave only 85 billion dollars to be raised by taxing the
people.
The government, between the new money issued and the taxes received, would get
the money it needs. But, instead of us having to pay 100 billion dollars in
taxes, we would only have to pay 85 billion dollars, so we taxpayers would have
15 billion dollars of our own money that we wouldn't have otherwise. Part of it
could be put into savings, so we wouldn't be paupers and destitute in our old
age, depending on government handouts merely to eat. Part of it we could spend
for the things we cannot afford now. Spending this money into circulation would
create jobs and help the prosperity of the nation.
This is the way things ought to be, but this is the way it isn't. This is
because corrupt men, with corrupt purposes corrupted the law. Nobody has had
the courage to challenge this enslavement of our nation, since the Federal
Reserve came into being by chicanery.
I don't have to start in at the beginning and explain to you who the devil's
children are, you know this already. One of them that came to the United States
in 1902 was Paul M. Warburg a German citizen, a member of the German banking
family, which owned the House of M. M. Warburg Company. They are the big German
banking firm with headquarters in Hamburg and Amsterdam. They are the chief
representatives of the banking firm the House of Rothschild.
This Jew, who came over here from Germany, never did learn to speak English
very well. He came over here to tell us how to run our money system, not for
our profit but for his. He succeeded in getting through our congress the
Federal Reserve Act in 1913.
In 1912, with money put up by the members of the Jewish banking firm of Kuhn
Loeb and Company, a Marrano Jew calling himself Woodrow Wilson, was elected
president of the United States. When Wilson's family lived in Germany and were
openly Jewish, they spelled their name Wolfson. When they moved to England,
they followed the Jewish custom of changing their name and they became Wohlson.
When this family then moved to the United States they changed their name again
and became Wilson.
Like most democratic politicians, Wilson was touted as being a representative
of the people and against the great financial interests. Instead Wilson was the
banker's hireling, they owned him like you own your dog. He came to heel just
as obediently as a dog, and helped these Jewish international bankers get the
Federal Reserve Bank Act passed through the congress of the United States.
First these Jews tried to set up one central bank for the entire country,
however we had managed to stop this several times. We fought off a central bank
in the early days too. Andrew Jackson succeeded in defeating it once and we
stopped it again during the Civil War. Finally these Jews went through the formality
of setting up a system of twelve banks, in twelve of the major cities of the
United States. The only one that has much money in it is the New York Federal
Reserve Bank. So, New York runs our money system and as you know, there are
more Jews in New York City than there are in Palestine.
It was claimed the Federal Reserve Bank would strengthen the banking system and
consequently there would be no more bank failures. But the Federal Reserve
really wasn't established to help the banking system at all. In fact, there
have been more bank failures since we adopted the Federal Reserve System than
there had been in all our recorded history before this time.
Between December of 1913, when the Federal Reserve Act was passed and May of
1929, which was five months before the crash came in October of 1929, under the
Federal Reserve system there were 4,500 bank failures in the United States.
History records how the banks crashed, on a wholesale scale, under the
Roosevelt administration. Franklin D. Roosevelt was another Marrano Jew.
The Jew bankers set up this Federal Reserve System to obtain the right to issue
the money for the United States. There is no more excuse for any banking
institution to have the right to issue money than there is for any private
institution to take over the entire Defense Department and have the right to
determine whether we fight for our liberty, or whether we surrender and let
ourselves be butchered. The issuance of money is a government function, pure
and simple. Turning this function over to any private organization is totally
indefensible.
Are you wondering what all this has to do with religion and the laws of Yahweh?
I intend to teach you the laws of Yahweh that we have violated. I also want you
to learn the consequences of violating these laws.
The Jews are mastermind manipulators. Remember, most of the psychiatrists are
Jews and the advertising business is mostly Jewish. They convinced the gullible
and the stupid that if the government issues its own money, other than metallic
coinage, which was valuable for the gold or silver in it, this would be
inflationary. These Jews put on a campaign to convince people of this saying;
there would be nothing behind the money as security except the good faith of
the government and its taxing power.
In other words, we might have to turn our paper money into gold or silver. If
we wanted to go abroad and buy something, the people abroad might not want to
take our paper money if it only has the good faith of the government and its
ability to raise money by taxation, as a guarantee that this paper money would
be redeemed. These Jews said that banker's money is different, it isn't
inflationary because it has security back of it, it has government bonds
backing it.
Let's study this situation a little bit. Let's consider the way it should work
under the theory of the Federal Reserve Act. We will see that the people who
run the Federal Reserve System don't even live up to their own theory. Let's
say the Treasury Department has a billion dollars in U.S. government bonds and
the Federal Reserve has a billion dollars in money. Then the Federal Reserve
Bank takes the billion dollars in money to the Treasury Department. The Federal
Reserve Bank then buys the billion dollars worth of bonds with this freshly
printed money. Everything looks even, doesn't it?
According to the Federal Reserve Act, the Federal Reserve Bank now owns a
billion dollars in bonds, on which we now pay interest. This hasn't cost them
anything except the cost of printing the money. The government charges the
Federal Reserve $1.25 per thousand bills printed. If it is 1,000 one-dollar
bills, they pay $1.25. If it is 1,000 one hundred dollar bills the cost for
this $100,000.00 is $1.25. What a racket! When a counterfeiter prints money, at
least he doesn't charge us interest on it. Then the Federal Reserve pays for
the printing with a check on an account, which doesn't even exist.
Then the Federal Reserve doesn't take the bonds and put them in their vaults,
they leave them in the vaults of the Treasury Department as security for the
Federal Reserve note money. This is certainly more security than as if our
government issued money with the backing of the government, sure it is!
A government bond has nothing backing it except the good faith of the
government and its ability to raise money to pay it off by taxing we poor
suckers, the taxpayer. These international Jewish bankers told us, the good
faith of the government wasn't good enough to guarantee the value of the
government's money. But there is nothing more than this to guarantee the value
of the banker's money. Therefore government issued money is no more
inflationary than banker issued money. This is one of the reasons President
Kennedy was murdered; he had started issuing debt free money, not paying usury
to the Jewish bankers. Stay with us, we are just getting started.
The Federal Reserve now owns these bonds, which cost them nothing, and we are
now paying interest on them. Eventually these bonds mature, after the bankers
have received untold billions in interest. Then we pay them the face amount of
these bonds.
At this point it sounds as though the Federal Reserve has at least given the
U.S. government some cash. Hold on, you are in for another surprise! Some of
you may remember the infamous days of the Roosevelt New Deal administration.
There was an important man in the New Deal organization named Mariner Eccles.
Among other things, he was appointed to be a member of the board of the
governors of the Federal Bank system. He knew from the inside what was going on
so when he testified, under oath, before a congressional investigating
committee, he knew what he was talking about.
Mr. Eccles testified that the Federal Reserve Bank does not pay money to the
federal government to buy the bonds. He testified, "We just create it by
an entry in our books." All the Federal Reserve does is make a bookkeeping
entry in their ledgers, on pages devoted to the federal government. This drop
of ink it takes to write this entry is their total investment in the purchase
of billions of dollars of bonds, upon which we pay interest in perpetuity. This
happens again and again.
It is true the government gets to draw checks on this account, just as we would
if we borrowed money from the bank and they gave us a passbook with figures
written in it. However, the government doesn't take this money out all at once,
it takes it out in dribs and drabs. The banks then have the use of this money,
most of the year until the government uses it, thus making more interest by
lending it out.
If the bankers lend out the same dollar to ten different people at the same
time, which is standard banking practice, then they charge, let's say 6%
interest a year; this comes out to 60% per year interest they are making. Stay
with me, the story gets even worse. These banksters are even greedier than
this, there is worse yet to come.
The following is the way many business transactions are financed. Let's say you
are a merchant and you order a carload of goods from a manufacturer. In some
instances you buy on an open account, you don't pay in advance. The
manufacturer ships the merchandise to you and sends you a bill. As a general
rule, payment within thirty days is regarded as cash and you receive a 2%
discount. If you don't pay within thirty days, you pay the full amount. But if
you take sixty or ninety days or more, you begin paying interest.
Perhaps the manufacturer wants his money quicker than this, so you send a
signed promissory note or contract to the manufacturer for the amount of your
purchase. If the manufacturer endorses it, so he guarantees the payment of it,
he can take it to the bank and sell the note to them.
The banks usually won't pay face value for the note. On a note for $1,000.00
perhaps the bank will pay 85% or 90%. The manufacturer is willing to take a
discount in order to get his money right away. Because of this he makes up for
this discount by raising his price to you, on the merchandise he sold to you.
The bank is getting interest on the full amount of the note even though they
didn't pay the face amount. However, the bank isn't taking any chances just on
the buyer's solvency, they also have the manufacturer's signature on it,
guaranteeing the payment.
This paper is called a trade acceptance and the banks buy a lot of them. The
Federal Reserve law provides that if the Federal Reserve Bank uses U.S.
government bonds as security, they get back Federal Reserve notes equal to one
hundred cents on the dollar. If they use trade acceptances, they receive Federal
Reserve notes equal to not more than ninety cents on the dollar. Maybe these
acceptances get paid off and maybe they don't. In the meantime the Federal
Reserve Bank is getting back its money, which it loans again, ten times over,
at interest. All this time they are drawing interest from the federal
government on the bonds that didn't actually cost them anything.
Just consider the complete control over your entire economic life that the
Federal Reserve has. This privately, Jewish owned, corporation can bring your
local banking business grinding to a halt anytime it desires. Do you remember
reading in the papers a little while back that the directors of the Federal
Reserve System thought we were getting a little too prosperous and it was time
to slow down the economy? The Federal Reserve then raised the rediscount rate.
The local banks, in order to keep an adequate money supply available, have to
be able to cash in a lot of these mortgages, and notes etc. they have
accumulated. The local bank takes these different instruments of debt, to the
Federal Reserve Bank and the Federal Reserve Bank buys them, but they charge
the banks this discount rate. By raising the discount rate to the point where
your bank cannot pay it, and still be able to lend the money to you at a rate
you can afford to pay, the Federal Reserve in effect shuts off the supply of
money. Without this money the business of the community cannot be conducted.
The Federal Reserve can absolutely refuse to release any money, but it doesn't
have to do this. It can do what it has done sometimes in the past, just raise
the discount rate to an impossible figure.
In 1920 the Federal Reserve bankers decided to break the farmers. During World
War I the farmers were encouraged to raise as much wheat as possible and buy
more land for this purpose. The government kept telling these farmers it was
their patriotic duty to do this. We will show you how money was made easy to
borrow to buy land with. The farmers mortgaged the land they already owned,
plus the land they were going to buy. To raise the money for this land, they
borrowed from their local, small town banks. These banks weren't under the
thumb of the Federal Reserve they were independent local banks.
During World War I the factories had been so busy, and the workers drawing high
pay, there was a lot of money put into circulation. Only two times in its
existence has the Federal Reserve Bank allowed the supply of money to be
expanded so the community could do business. This was during World Wars I and
II. Other than these two times, the Federal Reserve has kept the money supply
shut down to the point where not money, but credit, with interest due, was the
only thing available to do business with. This gave them the strangle hold on
our windpipe against which we had no defense.
The time came when these banksters decided to take back all the money that had
been put into circulation. It was time to drive the farmers off the land;
furthermore, labor in the cities was getting pretty independent. The unions
were getting strong so it was becoming time to break them also. This was
accomplished by these desperate farmers, being driven off the land and
migrating to the cities looking for work. These displaced farmers were willing
to do any work for any wage, they had to feed and take care of their families.
The Federal Reserve brought on the depression of 1921 by simply shutting off
the supply of money for agricultural operations and farm loans. This also drove
most of the small town banks out of business, breaking many of them, leaving
the banking system of the country largely in the hands of this one big sinister
corporation, the Federal Reserve Bank system.
Why do we have the Federal Reserve banking system at all? We can go back, read
the leading magazines from around 1900 on, and read in them exactly what I am
telling you now. Some people were worried about the possible outbreak of a
large scale war in Europe, because so many nations were maintaining large scale
armies and navies. There was bitter trade rivalry between Jew dominated England
and Germany. People were afraid it was going to develop into a real shooting
war. All the leading economists said this was impossible because the nations of
Europe couldn't finance a war.
In order to get the white Christian nations to kill each other and destroy each
other's nations for the benefit of the Jews, and in order to pour billions of
dollars into the coffers of the big Jewish banking houses, it was necessary to
bring about a war and to find a means of financing it. The European branches of
the House of Rothschild were capable of financing one side of such a war, but
not both sides. Consequently, these bankers had to mobilize the financial
resources of the United States to finance the other side, otherwise there could
be no war with huge profits for these Jewish bankers.
The war was held off until they got the Federal Reserve System set up in this
country in 1913, and then they started their war in 1914. The big banking
houses affiliated with the House of Rothschild were J.P. Morgan and Kuhn Loeb
and Company, among others. These American banking houses bought enormous issues
of British and French bonds. They were able to get the money to buy these bonds
through the Federal Reserve System. It began to look as though Britain and
France would lose the war and be unable to pay off the big Jewish banks on
these bonds. There was no way they could get the United States government to
pay off French and British bonds except to get the United States into the war.
Woodrow Wilson (Wohlson) ran for his second term in office on the platform,
"He kept us out of war" this was 1916. Wilson had already pledged the
international bankers to get us into the war. This was Wilson's definite
commitment to the Jewish bankers who put up the money to elect and own him.
Yes, this is a characteristic of these democratic saviors of the people.
Franklin D. Roosevelt promised, "I hate wahr. I promise you, as I have
said ovah and ovah again, your sons will nevah be sent ovahseas to fight a foreign
wahr." This was when he had already sold us out and had already made the
commitment to get us into the war. Do any politicians tell the truth?
Well, these Jewish bankers got us into the war. We financed the entire Allied
side of it and the big Jewish banking houses made a great many billions. Out of
the war profits, Jacob Schiff sent some twenty million dollars to the Bolshevik
Jews, to finance the communist Jewish revolution in Russia. These Jews
discovered they hadn't totally destroyed the Christian powers; they had to have
a second world war for this.
So they got the Second World War started, which almost completed their control.
Now they are getting ready for a third world war, to complete the job. This is
the octopus, which has this strangle hold upon our financial system.
In 1913 the Federal Reserve bank was started with 143 million dollars, this is
how much the stockholders paid into it. Its assets today are hundreds of
billions or maybe even trillions of dollars, and they haven't produced a thing.
This all came directly or indirectly out of the suckers, the poor hard working
citizens of this country. Now let's take a look at where this has been leading.
Yahweh promised us we would have prosperity if we would obey His laws. During
the last 100 years, the federal tax rate per capita, this includes newborns as
well, was $8.49 a year. Today the federal taxes take over 32% of income just
for federal taxes. Then there are all the state and local taxes. There is no
known instance in history, where any nation survived very long after the total
taxes passed the 30% mark. Our federal taxes alone are beyond this percentage.
If you think your income tax isn't that high, the fact is the income tax is
only part of the picture. A large part of the federal tax system consists of
excise taxes collected from the manufacturer. These taxes become a part of the
price of the goods that are sold. When we buy a loaf of bread, we are paying
not only for the cost of wheat and the labor to mill and bake it, we are also
paying many other hidden taxes that have been levied on the product. These
taxes start from the time the wheat was grown and the labor of milling and
baking it, and so on.
We are paying over fourteen different taxes that have been levied on a loaf of
bread, from the time it was grown on the farmer's land, until the time you get
it in the store. This doesn't include the extra cost of the taxes the people
pay that produce the product. This is what brings the total of federal taxes up
to a very high level. These taxes aren't obvious so we don't see them as taxes
and therefore we are not conscious of how much in taxes we are really paying.
We complain about the cost of living going up because of how much the merchant
charges for everything he sells. Prices seem to be going up all the time. The
merchant raises his prices in order to buy the goods to put on his shelves. The
retail merchant has to pay the cost of the goods plus all the accumulated
excise taxes that have been levied along the way. Then on top of all this,
there are the state and local sales and other taxes to be paid.
Let's look and see where all of this has been leading us. This pernicious
system of conducting practically all business on borrowed money, with interest
continually siphoned into the coffers of the banks. This was designed to fleece
us for billions of dollars in taxes to pay interest on all this borrowed money.
There is no way it can ever be paid off unless the government declares
bankruptcy. There is another way; the Federal Reserve banks can be bought back.
This would eliminate practically all debt.
At the end of 1930, the United States public debt was 16 billion; 185 million
dollars and this included the unpaid balance of our World War I debt. At the
end of 1940, after two terms of Franklin D. Roosevelt being president, plus
several years of frantic buying of war materials, the debt had risen to 48
billion, 497 million dollars. The Jews were preparing to get us into World War
II, as this would increase our debt and increase the interest paid to them.
At the end of 1945, after we had paid all of our own expenses plus nearly all
the expenses of the Allied side against Germany, the total federal government
debt was 259 billion, 115 million dollars. How well the Jews were succeeding in
getting us to borrow our own money from them. By the end of 1948, even under
Harry Truman, the debt was reduced to 252 billion, 366 million. This would
never do to have the debt paid down, so along came the Korean War, excuse me,
Korean police action, war was never declared. By the end of this latest war,
the national debt was up to 286 billion, 471 million dollars.
At the end of 1967 the congress set a debt ceiling of 358 billion. However,
whenever more money was wanted for whatever reason, congress just raised the
debt ceiling. The Federal Reserve isn't the only one that holds U.S. government
bonds and gets interest on them but, the Federal Reserve System is the only one
that can obtain such bonds for nothing and receive interest.
Let's look now at the government budget, this is what the federal government
pays out. In 1915 the budget was 746 million dollars. This included pretty
heavy expenditures that Woodrow Wilson was pushing, getting the country armed
and ready to get into World War I. Up to this time the country had never had a
billion dollar budget, not even one billion.
In 1935, in the midst of the Roosevelt spending mania, the budget rose to 6
billion, 497 million. How the banksters loved Roosevelt (Rosenfelt). In 1940
the federal budget was 9 billion, 55 million dollars. This is all of the
federal government expenses for everything. This also included Roosevelt's
feverish arming, getting ready to get us into World War II.
This figure of 9 billion, 55 million should stand out in our minds, it was less
than 10 billion for the grand total of all federal government expenses,
including the building of an enormous army, and navy. I want you to compare
this with the fact that last year we paid 13.5 billion just for interest alone.
(Now just the interest is well over 200 billion dollars. How well the Jew
bankers have done their job.) President Johnson said our total budget, for the
year, had to be 186 billion dollars.
When we fought World War II, to destroy Christian civilization in Europe, we
didn't pull our punches; we didn't say anything about not wanting to win this
war. We didn't say we just wanted to get the Germans to the bargaining table.
When we were fighting Germany, we didn't utter any pious platitudes about not
bombing the enemy's factories because they were in cities where people lived
and some of these people might get killed.
The worst things that Hitler was ever accused of doing, and they were lies,
weren't half as bad as what we did as a matter of government policy. We talked
about the unconditional surrender of Germany as being our only policy.
Our government deliberately ordered the bombing of residential areas in German
cities. There weren't any factories and there weren't any anti aircraft guns or
anything else, to make them legitimate targets. In Hamburg and Dresden our
bombers turned whole cities into a solid sheet of fire, deliberately burning to
death the civilian population of old men, women and children. Dresden had been
declared an open city so it was crowded with refugees. It was also one of the
great art centers of Europe, comparable to Paris. But now we are too noble to
bomb Hanoi, lest perhaps some of the commies get hurt in the process. What is
the difference?
Our government kept the Korean War going year after year, when we had the power
to win it in a month. Every general that ever commanded in Korea, when he
returned testified before congress he could have won it crushingly, in a brief
period, but he wasn't allowed to do so. It wasn't just General MacArthur;
everyone who had command in Korea gave the same testimony. Look at the war now
going on in Vietnam; it has been going on for years. We are feeding the best
youth of the nation into the meat grinder, destroying our best breeding
heritage.
Our own government has officially declared that they see no prospect for ending
this war in less than twenty-five years. It isn't just our sons who are going
to be murdered by the treachery and betrayal of our own government it is also
our grandsons. They won't even have to start a new war to decimate our
descendants; the communists will be murdering them in the same old war in
Vietnam. We could win this war and no communist would dare speak a word in
opposition to winning. We could win this war in three weeks, with the weapons
that our country has developed.
Remember, through Johnson, and through Dean Rusk the government has said,
"It is not our policy to win the war in Vietnam". Through our
ambassador to the United Nations we said, "We don't want to win the war,
we just want to bring them to the bargaining table". For this they are
butchering our sons over there, forbidding them to win the war.
After we told the people of South Vietnam, "We could win this war for you
in three weeks, but we are going to be here devastating your land with
continuous warfare, having your sons killed with ours, for twenty-five
years." Is it any wonder that the South Vietnamese are beginning to say,
"We could get better terms than this from the communists.”
Let's go back to the Federal Reserve System again. We spent more money on the
Korean War, year for year, than we did on World War II. We spent more money on
the Vietnam War, year for year, than we did on World War II. How we are
managing to spend all this money, without getting any results, is one of the
unexplained mysteries of the age. Our soldiers don't even have enough
ammunition and other necessary equipment.
Our government leaders have explained to us that because we don't have bombs
enough to load the airplanes with a full load, we have to send them out with
only quarter loads. Therefore every pilot has to fly through anti-aircraft fire
four times, in order to deliver the equivalent of one normal load of bombs.
Our government is stripping the defense materials we have in Europe, supposedly
for their defense. We have pretty much stripped Europe of helicopters, to send
them to Vietnam, because Mr. McNamara saw to it we didn't have enough. We ran
out of bombs so we had to go to Europe to get more of these also.
We have heard of the troubles we have had getting just basic equipment for our
troops in Vietnam. We have heard about our soldiers in Vietnam writing home in
desperation, asking parents and friends here to buy them cleaning rods for
their rifles, and mail it to them, because the government didn't have any to
issue to them. Oh yes, that is Mr. McNamara's triumph. As President Roosevelt
used to say, "We planned it that way". Nothing happens by accident.
However, somehow the money got spent and nobody knows where the money went.
Because we were spending so much more money than taxation could provide, we had
to keep issuing bonds and asking the Federal Reserve System to buy them, then
we gave the Federal Reserve system the money to buy them with. We won't be
selling so many bonds, or rather; we won't be giving so many bonds to the
Federal Reserve Bank when the war ends. Can you add two and two together and
arrive at some number that is a little short of eleven as the proper total?
This is what happens when we turn our backs on Yahweh.
The laws of Yahweh are natural laws, as much so as the law of gravity and they
are every bit as self enforcing. If you jump out of an eighth story window, you
do not violate the law of gravity, you obey it. You come down, but you obey the
law of gravity the hard way and you pay the penalty. If you ride down the
elevator, you obey the law of gravity the easy way and get the benefit. Every
law of Yahweh's, His economic laws, dietary laws and all the others, are just
as much natural laws as the law of gravity. If you violate these laws they
enforce themselves with the same bitter penalty.
The wages of sin are death. Our sons are dying over there in the mud of
Vietnam, because here in this country we allow the laws of Yahweh to be
violated. Remember, Yahweh said that if you obey His laws, five of us will
chase a hundred of the enemy, and a hundred of us shall put ten thousand to
flight. We would win our wars crushingly, with no loss to ourselves.
Yahweh also said, "You are my battle axe and weapons of war, for with thee
will I overthrow nations, and with thee will I destroy kingdoms." This
means that we have a job to do. We have a choice; either do this job in
obedience to Yahweh's laws and do it with little monetary cost and very little
loss of life. Or we do the job in a way that violates Yahweh's laws and pay the
heavy, bitter penalty, and you have to do the job anyway.
You know what the Jews want to do to Christian civilization, I don't have to
give an hour's sermon on that subject, and you should know these facts by now.
We have allowed these Jews to get this power over us. Yahweh warned us never to
let a Jew live in our land. I will say this for Hitler, if he did what he is
accused of doing; he wasn't doing anything wrong at all. He was obeying the
laws of Yahweh when he started cleaning these blood-sucking parasites out of
Germany.
Do you know why we got into World War II against Germany? It wasn't because of
fictitious atrocities, those were used as a propaganda justification for our
involvement later. Hitler didn't have any Jews in concentration camps until
after the war had started. He had allowed the Jews who wished to leave, to get
out. After the war had started, Hitler rounded up these communist Jews and put
them in concentration camps.
If this was so terrible that Hitler put his enemies in concentration camps,
what did we do the Japanese in California and to many Germans all over the
United States, after we got into the war? We did the same thing it is only
common sense.
All during this time, some of the Jews were running around loose in Germany,
the rest were leaving the country. They were trying to decide whether they were
going to later charge that Hitler killed ten times as many Jews as there were
in all of Europe or just ten times as many Jews as there were in Germany. The
Jews were getting us into World War II and Roosevelt had given his pledge to
them that we would enter it on the side of the Allies.
The only reason the Jews hated Hitler was because he saw what the Jewish economic
and banking systems had done to Germany. He was determined to break the Jewish
power, so they had to get rid of him. At this time, the communist Jews had
control of approximately 50% of Germany.
Germany is a nation, which, like England, does not have within its own borders
all the things it needs in the way of raw materials. Germany has to import raw
materials, and to buy them, they have to export some of their finished
products. This is the same thing Britain has been doing for a century and a half,
and Germany had to do the same thing to survive.
As a means of strangling Germany and destroying her economically, the Jews
started a worldwide boycott of German products. As you must be aware of by now,
the Jews control the commerce in all the nations of the world. This boycott was
a declaration of war, as Samuel Untermeyer said himself. The Jews declared a
holy war against Germany. Organized Jewry conducted this war here in the United
States, against Germany, several years before the actual war started in Europe.
Hitler was starting to put into operation some of the laws of Yahweh and he was
proving that, in spite of this Jewish boycott, Germany could become prosperous,
by going back to the economic laws of Yahweh. The Jews couldn't let this happen
because other nations might follow his example and break the Jews strangle hold
on the economic and banking systems of the world.
Against all the efforts of the devil's children the Jews, to strangle and
destroy her, Germany was becoming prosperous by going back to the economic laws
of Yahweh. This had to be stopped, no matter how many Christians were butchered
in accomplishing this goal. This is why World War II was started and why we
were dragged into it.
Woodrow Wilson, sometime in 1919, testified before a congressional committee
that the cause of World War I was economic rivalry. We were told it was because
of those phony atrocities that Germans were supposed to have committed. Then
the congress asked Wilson, "Do you believe, if Germany had never committed
any atrocities, nor anything that we could call an act of war against us, that
we would have gone to war against Germany anyway?" Wilson's reply was,
"Yes, I do believe so."
If Franklin Roosevelt had ever spoken a truthful word in his life, he could
have testified to the same thing about World War II.
What should we have done? The taking of interest, which in the King James Bible
is call usury, is forbidden in the Bible. Today just about any interest rate is
accepted. Pawnbroker’s charge 42% and more, you know who they generally are.
The meaning of the word usury is anything paid for the use of something, which
has been loaned. If it is a billionth of one percent per century, it is still
usury. One cent compounded yearly at 6%, at the time of Christ, would be more
than all the money that is in the world today.
Exodus 22:25 warns us, "If thou lend money to any of my people that is
poor by thee, thou shalt not be to him an usurer, neither shalt thou lay upon
him usury." Leviticus 25:35-37 reminds us, "And if thy brother be
waxen poor, and fallen in decay with thee; then thou shalt relieve him: yea,
though he be a stranger, or a sojourner; that he may live with thee. Take thou
no usury of him, or increase: but fear thy God; that thy brother may live with
thee. Thou shalt not give him thy money upon usury, nor lend him thy victuals
for increase." It didn't matter whether you loaned him the food to eat or
the money to buy it, you could make no charge for the loan.
These economic laws were for one Israelite dealing with another. It wasn't the
intention of Yahweh for all the other races that hate us, to come in and enrich
themselves at our expense, by borrowing from us and paying nothing for it.
Deuteronomy 23:19-20 tells us, "Thou shalt not lend upon usury of
victuals, usury of anything that is lent up usury: unto a stranger (here the
word is nokriy, an alien of another race) thou mayest lend upon usury but unto
thy brother thou shalt not lend upon usury...."
We admittedly have a U.S. public debt of around 358 billion dollars. (How far
we have fallen). Since this was written our debt has now increased to about 5
trillion dollars. There are some estimates that the real debt may be as high as
17 trillion dollars. This debt fluctuates a little above and a little below
this amount. But this isn't all of the U.S. public debt; this is only the
bonded part of it. We aren't talking about the state bond issues and the
irrigation district bond issues and the rest of the bond issues, we are talking
just about the federal government debt.
There is a vast hoard of federal government civil service employees who have
the right to retire after awhile, upon their civil service pension. A certain
amount of this is deducted from their wages while they work; the U.S. government
has a part they contribute also. The government has promised that when these
workers retire, they will receive a pension from the federal government for the
rest of their lives. The money the federal government is going to have to put
in, to pay that pension, is a government debt just as truly as a debt for which
they issue a bond.
The same thing is true of the military retirement pensions. Then with Social
Security, the government must also pay a heavy share of what the person on
Social Security is going to receive during the rest of his life. When we add
the money for these retirement pensions etc., to the recognized debt of the
U.S. bonds and notes, we get a total federal debt of a trillion dollars or
more. This is obviously unpayable. (I wonder what Mr. Comparet would think of
our present day debt.)
When this all comes due and we can't pay it, what is going to happen to our
economic system? Remember why Yahweh warned us not to get into this trap in the
first place, and then He said to come out of this Babylonian system, lest ye be
partaker of her sins and ye receive her plagues. We think we are smarter than
Yahweh, we aren't, and we are just greedy that's all.
The only thing that gets a mouse into a trap to get caught, is his greed to get
that piece of cheese the trap is baited with. We aren't a bit smarter than a
mouse; it is one of those traits we inherited from Adam.
Under the laws of Yahweh, the burden of unpayable debts had to be relieved. If
you borrow anything, you were under a moral obligation to do everything you
reasonably could to pay it off. It wasn't simply a means whereby you could
fleece your creditors. There would be, for many people, a situation where the
debt had become unpayable. Things hadn't worked out well and the debtor couldn't
pay off the debt. Every seventh year the burden of unpayable debt was to be
released.
Deuteronomy 15:1-3 tells us, "At the end of every seven years thou shalt
make a release. And this is the manner of the release: Every creditor that
lendeth ought unto his neighbor shall release it; he shall not exact it of his
neighbor, or of his brother; because it is called Yahweh's release. Of a
foreigner (nokriy, alien) thou mayest exact it again: but that which is thine
with thy brother thine hand shall release."
Yahweh promised, "If you will do this, I will give you such prosperity
that you will be better off, having canceled the debt, than you would have been
had you required payment of it."
We haven't been willing to follow this law voluntarily but you will
involuntarily obey the laws of Yahweh while you pay the penalty, if you refuse
to obey it voluntarily and receive the benefit. An unpayable debt can be
canceled involuntarily. Your debtor may go through bankruptcy in federal court
and get his release this way. The debtor is broke anyway and there is no point
in throwing away good money after bad in a lawsuit, when he has no assets,
which you could seize and convert into cash.
Time passes until the statute of limitation wipes out the debt, and thereafter
you can't sue him because the time is up. So, his debt is canceled just as
effectively as it would have been by bankruptcy.
A while back, whenever the bankers precipitated a disaster by calling in the
money supply, shutting off credit, we used to call it a panic. Then after these
bankers got us organized, so it was to be perpetual, as you can't stay in a
panic for an entire generation or more, they changed the name to a depression,
but it is the same thing.
I haven't bothered to trace these panics or depressions back a few thousand
years but let's go back as far as any of the oldest of us can remember. Note
the timing, 1893, 1900, and 1907. The next panic was due in 1914 and disastrous
symptoms of this impending panic were showing up in 1913. 1914 had been set as
the year for the next Jewish instigated war. They had to keep from getting us
into a disaster, if they were going to finance the war that was to destroy
Christian civilization.
So selling war supplies to the British, at highly inflated prices, staved off
the panic that was due in 1914. This provided huge profits to the big Jewish
owned corporations. They were able to pay high wages to the men who worked in
those war plants and we had a phony prosperity. You know how rich you can get,
killing people and destroying cities.
Still keeping the seven-year rhythm, the next panic was due in 1921 and it came
on schedule. Incidentally, the Federal Reserve Bank brought it on. The next
panic was due in 1928 and it had already hit Europe in 1928, but in this
country we kidded ourselves out of it until 1929. We were already having
trouble, unemployment was at a high rate and all the danger signals were out.
But, look at all the corporation stocks we had bought, paying five times as
much as they were worth. Surely there would be some sucker around to buy them
from us for ten times what they were worth. We were getting rich, weren't we?
Then the crash came and we weren't getting rich at all, all of a sudden we were
poor.
1935 was the next time a depression was due, on the seven-year cycle. In the
midst of the Roosevelt depression, there was an even lower spot in 1935. Then
1942 was the next time a panic was due. Remember, the Jews had to keep us
prosperous so we could complete the destruction of Christian civilization. They
wanted to make certain that the laws of Yahweh would never be put into effect
by any nation, to provide an example for the world to follow, the way Germany
was doing. We then got an artificial prosperity. Remember how rich we got, by
issuing all those bonds to the Jews who didn't have to pay for them anyway? Or
did we really get rich? Now we have to pay for those bonds out of our hard
earned money.
A depression was due again in 1949, and we had a low spot then the same thing
happened in 1956 and then in 1963. And it continues.
Do the laws of Yahweh work or don't they? Isn't it just possible that the
Creator of the universe and everything in it, knows what His own laws will do?
Isn't it time we got wise to this and started following these laws? It is high
time we obeyed these monetary and other laws, now that we see what is happening
to Babylon's money. There isn't any government money from the size of a dollar
and up, all this money is borrowed into circulation. The only money our government
now produces is the coinage. Even making pennies out of copper is now too
expensive, so they are only copper on the outside. There is no money put into
circulation today that has any intrinsic value and the majority of it is
borrowed into circulation.
No nation in history has been able to debase their money and escape the
consequences. The money becomes worth less and les, this is called inflation.
We can't get a paper dollar that is anything except Babylon's money, the
Federal Reserve note. There isn't any paper government money it is bank money.
There is no way the "borrowed" money can ever be repaid. For example,
if there is one billion dollars borrowed into circulation and we have to pay 6%
interest, where does the interest come from, more borrowed money?
When more money is needed for the economy to function, the government cannot
issue it. The government goes in debt to the Federal Reserve and the Federal
Reserve issues the money for their own profit. Any time these Jews want to pull
the plug on this scam, our economy will go down the drain. All they have to do
is tighten the money supply. They know this and it will be part of the general
attack. They will use this just before they spring the military attack on us.
In 1998 all the top people in our defense department and foreign relations are
all Jews. The degenerate President Clinton has appointed more Jews than any
other president in history.
With financial disaster comes the closing of the factories and the throwing
into the streets millions of unemployed people. These people can be led into
riots and revolution, like the Negroes. These Jewish bankers can tell us to
finance our own defense because we are broke and in a depression.
First these banksters took all our gold, now they have also taken our silver.
They have left us with worthless paper and they will laugh at us. We will be
told our paper money is nothing but worthless IOUs of a private banking
corporation. We don't have anything to pay you with except more paper IOUs,
what are you going to spend them on? Who will accept this worthless paper? It
will be just like Germany when it took a bushel basket full of money just to
buy a loaf of bread.
Then these Jewish bankers will gloat that they have all our gold and silver.
This is the real money with intrinsic value.
Ezekiel 7:19 promises, "They shall cast their silver in the streets and
their gold shall be removed: their silver and their gold shall not be able to
deliver them to the day of the wrath of Yahweh: they shall not satisfy their
souls, neither fill their bowels: because it is the stumbling block of their
iniquity."
James 5:3 says, "Your gold and silver is cankered; and the rust of them
shall be a witness against you..." Something that is kept in use is not
the thing that rusts. It is the thing that is set away and idle that rusts out.
These Canaanite banksters are taking the gold and silver away, so it can't be
used as our money. Instead they are going to use this silver and gold to
destroy us. Yahweh warns us in James 5:3, "The rust of them shall be a
witness against you, and shall eat your flesh as it were fire. Ye have heaped
treasure together for the last days."
Yes, the Bible reveals that these children of the devil are coming to their
final doom, for having done this to us. However, you must remember that as long
as we are in the same boat with them, the process of sinking that boat is going
to be rough on us also. Isn't it about time we came out of the Babylonian
system? We can't get out of any of this trouble until we get out of the system
of Babylon's money.