All Wars are Fought for UsurySubmitted by joeneesima on Thu, 05/02/2013 - 09:42
SPREAD OF CENTRAL BANKS
Franklin wrote of the British colonies in North America in the 1750s: "Nowhere on Earth does one find a happier and more well-being people." He explained that this was due to that "we in the colonies make our own currency," called "colonial scrip." He further explained: "By issuing our own currency we can control its buying power, and we are not obliged to pay interest to anyone."
In these British colonies in New England, there was a wealth contrasting sharply to the poverty and misery in England. There was enough money, and it was definitely interest free.
In American schoolbooks, the reason given for the outbreak of the Revolutionary War was the tea tax but according to Franklin "the colonies would gladly have borne the little tax" (of 2 percent) on tea and other matters had it not been that England took away their money which created unemployment and dissatisfaction." The result of the influence of the English banks on the British Parliament was horrendous poverty in America. When this situation had been created, it was easy to get people ready for war which the Freemasons did with satisfaction. They wanted a safe base for their future global activities.
Among the men who drew up the Constitution of 1787, many urged protection against the financial drain of the international bankers. Therefore Article 1, Sec. 8 of the Constitution reads: "Congress shall have power ... to coin money, regulate the value thereof..."
Alexander Hamilton, a Freemason and secretary of finance in the government of George Washington, and also the agent of the international financiers, ordered the establishment of a privately owned union bank and the introduction of interest money. His argument was simple; "A limited national debt would he a blessing to a nation " He considered it dangerous for the government to issue its own currency.
Thus the United States got its first central bank in 1791. It was privately owned but had a contract running for only 20 years. It was not renewed when it expired. Andrew Jackson referred to the fact that the Constitution had given Congress the right to issue currency in sufficient quantity but not transfer this right to others.