A Simple Solution To End This Madness – The Greenback:
What is happening to all of us is criminal. However, there is a very simple solution that the banking dynasties do not want you to know about.
At the height of the American Civil War, the US Treasury warned President Lincoln that further funding would be needed if the Federal North was to have the resources needed to defeat the Confederate South. The President initially went to the Rothschilds and the private banks who wanted between 24 and 36 per cent interest. Lincoln knew that if he agreed to take loans from the bankers that he would be putting his country into a debt noose that would strangle the economic prosperity out of his country and which would be almost impossible to pay off.
On the advice of a businessman with proven integrity, Colonel Dick Taylor from Illinois, Abraham Lincoln made the decision to print debt-free and interest-free paper money based on nothing more than the honour of the American Government. Called ‘Greenbacks’ because they were coloured green on one side only, the US Treasury issued 450 million dollars worth of these notes and they were immediately accepted as legal tender by a willing and grateful nation. The war was eventually won and this very popular new paper currency seemed set to continue.
In the words of Lincoln himself:
The government should create issue and circulate all the currency and credit needed to satisfy the spending power of the government and the buying power of consumers..... The privilege of creating and issuing money is not only the supreme prerogative of Government, but it is the Government's greatest creative opportunity. By the adoption of these principles, the long-felt want for a uniform medium will be satisfied. The taxpayers will be saved immense sums of interest, discounts and exchanges. The financing of all public enterprises, the maintenance of stable government and ordered progress, and the conduct of the Treasury will become matters of practical administration. The people can and will be furnished with a currency as safe as their own government. Money will cease to be the master and become the servant of humanity. Democracy will rise superior to the money power.
Senate document 23, Page 91. 1865
However, the response by the private bankers to this sudden threat to their banking empire was swift and brutal as this extract from The Times of London in 1865 shows:
If that mischievous financial policy, which had its origin in the North American Republic, should become indurated down to a fixture, then that Government will furnish its own money without cost. It will pay off debts and be without a debt. It will have all the money necessary to carry on its commerce. It will become prosperous beyond precedence in the history of the civilised governments of the world. The brains and the wealth of all countries will go to North America. That government must be destroyed, or it will destroy every monarchy on the globe.
On Good Friday, April 14th 1865, a lone gunman ended the presidency of Abraham Lincoln. Sadly, his Greenback legacy died with him as the private bankers managed to ‘persuade’ Congress to revoke this successful initiative in favour of the debt creating National Banking Act which eventually led to the formation of the privately run Federal Reserve in 1913. Since then, America’s unlawful debt has risen to over 16 trillion dollars.
"I have two enemies; the Southern army in front of me and the financial institutions in the rear. Of the two, the one in the rear is my greatest foe." Abraham Lincoln
The solution for dealing with private debt-creating bankers is simple. There is nothing, absolutely nothing, to stop any sovereign government from issuing through its treasury its own interest-free money based on nothing more than the wealth and integrity of the nation. This is the big secret that the City of London would rather keep to itself. If this simple fact were to become mainstream then people everywhere would simply walk away and the entire banking system would completely collapse.
And now we come to a very little known historical episode that I alluded to at the beginning that takes this concept of the debt-free ‘Greenback’ from America to Britain ... and in so doing exposes the truly appalling values that are prevalent even today within the City of London.
The Great War And The Debt-free Bradbury Treasury Note:
Three weeks ago, as part of my ongoing research into the banking elite, I came across a fascinating book entitled The Financiers and the Nation by the Rt. Hon. Thomas Johnston, P.C., ex-Lord Privy Seal. It was written in 1934 and republished in 1994 by Ossian Publishers Ltd.
The text of this quite remarkable and rare book is available here.
In Chapter 6, entitled ‘Usury on the Great War’, I’ve selected the following paragraphs which I believe are both shocking and self-explanatory:
WHEN the whistle blew for the start of the Great War in August 1914 the Bank of England possessed only nine millions sterling of a gold reserve, and, as the Bank of England was the Bankers' Bank, this sum constituted the effective reserve of all the other Banking Institutions in Great Britain.
The bank managers at the outbreak of War were seriously afraid that the depositing public, in a panic, would demand the return of their money. And, inasmuch as the deposits and savings left in the hands of the bankers by the depositing public had very largely been sunk by the bankers in enterprises which, at the best, could not repay the borrowed capital quickly, and which in several and large-scale instances were likely to be submerged altogether in the stress of war and in the collapse of great areas of international trade, it followed that if there were a widespread panicky run upon the banks, the banks would be unable to pay and the whole credit system would collapse, to the ruin of millions of people.
Private enterprise banking thus being on the verge of collapse, the Government (Mr. Lloyd George at the time was Chancellor of the Exchequer) hurriedly declared a moratorium, i.e. it authorized the banks not to pay out (which in any event the banks could not do), and it extended the August Bank Holiday for another three days. During these three or four days when the banks and stock exchanges were closed, the bankers held anxious negotiation with the Chancellor of the Exchequer. And one of them has placed upon record the fact that 'he (Mr. George) did everything that we asked him to do.' When the banks reopened, the public discovered that, instead of getting their money back in gold, they were paid in a new legal tender of Treasury notes (the £1 notes in black and the 10s. notes in red colours). This new currency had been issued by the State, was backed by the credit of the State, and was issued to the banks to prevent the banks from utter collapse. The public cheerfully accepted the new notes; and nobody talked about inflation.
To return, however, to the early war period, no sooner had Mr. Lloyd George got the bankers out of their difficulties in the autumn of 1914 by the issue of the Treasury money, than they were round again at the Treasury door explaining forcibly that the State must, upon no account, issue any more money on this interest free basis; if the war was to be run, it must be run with borrowed money, money upon which interest must be paid, and they were the gentlemen who would see to the proper financing of a good, juicy War Loan at 31/2 per cent, interest, and to that last proposition the Treasury yielded. The War was not to be fought with interest-free money, and/or/with conscription of wealth; though it was to be fought with conscription of life. Many small businesses were to be closed and their proprietors sent overseas as redundant, and without any compensation for their losses, while Finance, as we shall see, was to be heavily and progressively remunerated.
Emergency Bradbury Treasury Notes (printed only on one side)
The real values of the private bankers and the City of London have been exposed for all to see. Whilst hundreds of thousands of British soldiers were dying on the killing fields of Flanders and elsewhere doing what they saw as their patriotic duty, British bankers, safely out of danger and not sharing the appalling conditions on the Western Front, were only interested in one thing – how to make obscene profits from Britain’s desperate efforts to win the war. To say that the private bankers and the City of London have the morals of sewer rats is to be extremely unkind to our little rodent friends. But this is the clincher. As a direct result of the greed and treason of the British private bankers in preventing the continuance of the Bradbury Treasury Notes, Britain’s National Debt went up from £650 million in 1914 to a staggering £7,500 million in 1919.
And this is where it all gets particularly interesting. The following is an extract from the official and current HM Treasury’s Debt Management Office website ... and it appears to be completely at odds with the account given by the Rt. Hon. Thomas Johnston.
The threat of World War One pushed British banks into crisis; exacerbated further as half the world's trade was financed by British banks and as a consequence international payments dried up. In response to this crisis, John Maynard Keynes (the renowned economist), persuaded the Chancellor Lloyd George to use the Bank of England's gold reserves to support the banks, which ended the immediate crisis. Keynes stayed with the Treasury until 1919. The war years of 1914-18 had seen an increase in the National Debt from £650 million at the start of the war to £7,500 million by 1919. This ensured that the Treasury developed new expertise in foreign exchange, currency, credit and price control skills and were put to use in the management of the post-war economy. The slump of the 1930s necessitated the restructuring of the economy following World War II (the national debt stood at £21 billion by its end) and the emphasis was placed on economic planning and financial relations.
Why is there is no mention whatsoever of the £300 million of Bradbury debt-free paper Treasury Notes issued in 1914? Instead, it says Lloyd George, on the advice of John Maynard Keynes, used the Bank of England’s gold reserves which, according to Johnston, only amounted to £9 million. What is going on here? Who is telling the truth? Could it be that HM Government, the puppets of the City of London, don’t want you to know about the simple but effective concept of debt-free and interest-free Treasury Notes?
What Do The System-serving Politicians And "Economists" Say About The issuance Of Treasury Notes?
As soon as the concept of the debt-free and interest-free Greenback Dollar (and now the Bradbury Pound) is raised in polite conversation with either a politician or an economist, two immediate knee jerk verbal reactions occur from these system-servers.
The first is to say that if a government suddenly starts printing its own money through its treasury based on the credit and wealth of the country, instead of going through its central bank, we would be heading towards what happened in the Weimar Republic in Germany in the early 1920s where hyperinflation spiralled out of control and a loaf of bread was bought with a barrow load of almost worthless paper money.
To this I just say look again at what actually happened in Germany at that time. It was not the Weimar’s treasury but it was the privately controlled central bank, the Reichsbank, who was printing the money, coupled with the extreme actions of currency speculators and foreign investors that caused all of the problems.
Hyperinflation could not happen as a result of the Bradbury Pound, because the democratically elected government would actually ‘govern’ ... now that is novel! Speculation would be prevented, and most importantly, the newly created money would be spent on a productive economy, rather than bankers bonuses.
The second reaction from system-servers is that the country is already printing its own money – it is called Quantative Easing, that mysterious cash injection into the economy which only seems to get as far as the banks and not to where it is actually needed. Only trouble is, it is the Bank of England doing the printing and not HM Treasury. Based around government issued Bonds (promissory notes based on the wealth of the nation), this complex process only increases the National Debt and it certainly doesn’t solve anything.
The simple truth is that people who serve the system and who have been ‘educated’ by such organisations as the Fabian inspired London School of Economics (LSE), are not suddenly going to bite the hand that gives them a very good living.
So what does all of this mean for us, the people?
Before looking at this, let’s just consider for a moment what ‘money’ actually is. It is simply a convenient unit of exchange for goods and services that people have COMPLETE CONFIDENCE in. Now if HM Government were to issue debt-free and interest-free treasury notes through HM Treasury rather than the Bank of England in order to meet the needs and happiness of all the people whilst getting them out of unlawful debt, my guess is that people might have a lot of confidence in such a benign and benevolent financial system.
There is absolutely no defence for the present system whereby private bankers create money completely out of thin air for themselves to lend and then charge interest on that ‘nothingness’. The Bank of England, with its hidden controller the Bank for International Settlements based in Basel, Switzerland (often described as the Central Bank of Central Banks), dictate behind the scenes the fiscal policies and direction that our supposed sovereign and independent government must take. We are all prisoners of this utterly corrupt system and it’s time to confront it head on to collapse it.
If our government were to go down the path of a new Bradbury Treasury Note (as well as pursuing the banksters with Common Law for their crimes against humanity) then our debt burden would be removed overnight – there would be no deficit and no national debt. Under Common Law, all debts involving the use of fractional reserve lending by the central and private banks will be written off as they were arrived at by the use of fraud. Money would be immediately made available by HM Treasury to meet the essential needs of the country. The nation’s happiness, well-being and security would be taken care of without the need for an invasive and complex tax system. We would have Gross Domestic Happiness instead of Gross Domestic Product dictating humanity’s future.
None of this is rocket science – if the Spanish and Greek governments genuinely wanted to put right overnight the economic woes of their countries, they would immediately start printing and supplying interest-free and debt-free treasury notes based on the wealth and integrity of their respective countries. They would also tell the IMF, the EU and the Bank for International Settlements to go and whistle for their ‘money’! Why? Because it was created out of thin air, it didn’t exist in the first place, and the whole banking system is fraudulent ... in other words, see you in a common law court in front of a jury!!!!
Banks, money and finance must exist to serve humanity, not the other way round. Our enslavement by unlawful debt can be ended overnight with one signature by the Chancellor of the Exchequer. It really is that simple!