History of The Federal Reserve Bank, Income Tax and Econ 101

The Rise of Private Central Banks

Judaism has always embraced vices such as pornography, prostitution, drugs, gambling, entertainment, money lending etc., as honorable & legitimate business pursuits, using their media & influence to promote these, placing them at enmity with Christian society. Of these, money lending was the least offensive, & best way to gain influence. During the late renaissance, two banking families eventually dominated Europe. The Rothschild family had banks in London, Paris, Frankfort, Naples and Vienna. The Warburg banking family emerged in Hamburg, Germany. These mega bankers learned it was safer and more profitable loaning money to governments than to individuals, or private business. There were obvious benefits:

  1. Jews were expelled from every Christian nation.Being the King’s bankers prevented expulsion.
  2. They could effect favorable banking laws.
  3. They could effect tax policies to collect on thenational debt which they had loaned.
  4. Being involved in affairs of state became business development, rain making, promotingwars, government bureaucracy & spending.
  5. As an unregulated private bank w/the power ofthe state to collect interest, they could also manipulate the economy restricting and looseningthe money supply by raising & lowering interestrates, giving more opportunities to seize assetsthrough foreclosures & repossessions.
  6. Governments were more stable. If governments failed they would buy up gov’t assets, utilities, mines, land etc. for pennies on the dollar, the way they looted the USSR when it collapsed. This is their plan for America!

Once these banksters gained the confidence of monarchs, monarchs used their private banks to finance government affairs. The big money went to finance wars. Monarchs needed lots of money to buy armaments, build ships & fund armies. The keys to this plan were: 1.To create conflicts 2. For the monarchy to find ways to pay back the money they borrowed. Taxing citizens was preferred & soon Income tax became the favored method of paying off war debt. Also, wars & income tax were their way to extract retribution on Christian society for rejecting them, giving them satisfaction.

They cared nothing for the suffering or war dead, or the burden on taxpayers saddled with the national debt. War was big business, as was using the media to wip the masses into a war frenzy, or any excuse to spend tax payer’s money. Today they promote crazy insane gov’t spending schemes.

The Federal Reserve Bank & Income Tax
The first banking emergency in America was the financial panic of 1819, followed by the financial
crisis of 1837, followed by what would be known as the Long Depression of 1873, fueled by railroad speculation and a move by Germany and America to demonetize silver. The Long Depression of 1873 was followed by the panic of 1907.
The Federal Reserve Act was passed Dec. 23, 1913 to prevent further financial panics. This established the Federal Reserve Banking system:

  1. As a “for profit” member owned private bank
    totally INDEPENDENT & UNREGULATED,
    but restricting & regulating all of our lives.
  2. Allows member banks to borrow from the Federal Reserve Bank, paying the discount rate for
    funds borrowed, determined by the Fed. board.
  3. Established the Fed as the exclusive lender to
    the U.S. Government w/the power to issue debt
    based paper money banks agreed to accept,
    and recognized by the Gov’t as legal tender.
  4. The United States Government agreed to repay
    the Federal Reserve Bank with interest bearing
    US Treasury bonds aka T-bills, which would be
    guaranteed by the US gov’t, and paid by US tax
    payers via income tax.

Income tax & the 16th Amendment
By no coincidence income tax preceded the Federal Reserve Act. Income tax became law when the 16th Amendment was “ratified?” Feburary 3, 1913 also establishing the IRS. Getting income tax was critical to establishing the Federal Reserve Bank, & gave the bank the power to, in effect, “tax citizens to repay America’s debts”.

Originally income tax was 1% of income above $3,000 (approx. $80,000 today, allowing for inflation), & 2% of income above $20,000 (approx. $533,000 allowing for inflation). Only 3% of earners were subject to income tax in 1913. You can also see by these numbers that inflation from 1913 to today has devalued the dollar of to just 3.75 cents of what a dollar could buy then, with inflation of over 26 times or over 2,600% depreciating 96.25%. Considering inflation today, it’s probably higher.

Income tax only effected 3% of the working population, so it’s no surprise it passed. In 1913 as today, income tax was all about taxing the rich, but what happened? Anyone with a job today sees their
taxes withheld, & well above 1%. Graduated income tax is THEE fundamental plank of Communism, which incites class envy to promote their income tax schemes. The object of income tax is not the rich, but to tax every working American, & more the better. They’re not going to tax themselves. They build in ways to avoid income tax.

Today 4/22/22 the national debt exceeds 30 trillion dollars, approximately $434,000 for every working American. Only working Americans are paying, including social security recipients, robbing your savings. You may not feel like you’re indebted $434K, but you’re paying through inflation. With inflation in excess of 40%, the dollar you earn today will be worth less than 71 cents a year from now. As the dollar continues to fall it’ll get worse. This is the result of a credit debt based economy. One dollar today is worth 3.75 cents of a dollar in 1913.

Income tax has made workers slaves to the state. Add interest & the cost for future wars, subsidies, social spending, foreign aid, bail outs etc. It only makes sense, since they are working to create sustainable development. An impoverished & infirmed society is much easier to control, to become their new feudal society. Look at all these apartments being built, exceeding population growth. How many renters today will ever be able to afford homes. This is quite a scheme! as is drug legalization, our epidemic of drug abuse & dependence, multiculturalism, our obsessions w/LGBTs, alternative lifestyles, race & racism, all taught & justified in public schools!, courtesy of the same perps that gave us the Federal Reserve Bank & income tax & w/their little Bitches they use to promote these!

Gold Standard & the Great Depression
Federal Reserve notes were redeemable in gold. Silver coins added stability to the new currency, because gold and silver are hard assets not easily subject to devaluation. People accepted it,

The Fed was established to prevent financial panics. Within 16 yrs America was facing the biggest financial crisis in world history, The Great Depression. Germany suffered most, due to WW1 war reparations. Germany experienced hyper inflation, shortages, & famine, facing total collapse. Germany responded, ousting the Jewish Communist Weimar Republic, outlawing labor unions, strikes, &
riots, & fired their private central bank, taking charge of the German Mark.

In America, business & the rich were blamed for the Great Depression. Democrats organized
labor unions, strikes and riots. As a result, FDR was elected, requiring all gov’t contracts be constructed w/union help, but the economy got worse, & the only people making livable wages were union
& gov’t employees. Gov’t jobs went to Democrats & admittance to unions were by favoritism & nepotism, while the rest of America starved. Also, the new unions & gov’t unions made it difficult to fire
disruptive & unproductive workers, so workers were less productive. Anyone familiar w/the Ford plant
knows the drug problems, & how difficult it is to fire mroblem employees. The gov’t couldn’t spend
America back to prosperity, or get the work done.

Bank Forclosures & Instability
Banks failed & those who borrowed money to buy homes lost them to foreclosure. So now The
Federal Reserve Bank owned homes. This cycle would repeat over & over as the Federal Reserve
Bank failed to provide financial stability. It happened in the late 70’s when home interest rates topped 16% & again in the late 80’s when the RTC was formed to liquidate assets seized during the Savings & loan Crisis. In the late 1990s under Clinton, REITs went bankrupt due to bad Gov’t insured loans. In 2008-9 taxpayers were forced to bail out New York investment banks, Lehman Brothers, & Bear Stearns. Other banks receiving bailouts were Morgan Stanley, Bank of America, JP Morgan, Goldman Sachs & muti-national ins. group AIG. Bailouts cost tax payers 12.8 trillion dollars. This is how our hard earned tax dollars’ve been robbed, as a result of the Federal Reserve Act & income tax.

During the Great Depression when Democrat solutions failed, they doubled down blaming the rich, blaming individuals hoarding gold. So in 1933 FDR passed a law making it illegal for individuals to
own gold. The problem was, he didn’t have gold to back the money he was printing. His artificial union
and government worker economy was failing.

Germany, w/o unions, or a private central bank, experienced a recovery boom, so that by the 1936
Olympics, Germany had the most productive work force, strongest economy, & best factories and
technology in the world. German universities purged Communists, and their achievements in
science and engineering surpassed any nation.

But Germany’s new found pride morphed into believing they were the master race. Japan was worse, calling it religion, justifying wicked inhumanity to man. Believing you’re the master race is prideful depravity, believing God prefers your race, & that the rest of humanity is beneath you, is the
highest level of depravity. Anyone believing this is depraved. Believing this of another race, is justifying depravity. Judaism believes this, & Christians who justify it, are part of the problem. If this describes your church, you need to find a new church.

Judaism divides themselves by race, & divides & incites others by race, because it justifies their racist depravity. But this isn’t about race!, this is about a racist ideology, & those professing it. For Christians who think not, Judaism isn’t mentioned one time in the Old Testament. Judaism came after Israel split, and became the religion of the tribe of Judah, hence Juda-ism. We’re not chosen by race.

The Petro Dollar
From 1973-84 we had the worst inflation & highest interest rates in the history of America. What we are experiencing today is far more precarious. The US abandon the gold standard over a period from 1971-73. Inflation soared as the dollar plummeted resulting in the oil and gas crisis of 1973. There were shortages, gas lines & crazy inflation.

The solution was an alliance w/Saudi Arabia. In return for selling military hardware, Saudi Arabia was able to enforce the “Petro Dollar”, requiring OPEC members to only sell oil for American Dollars. This stabilized the dollar creating demand, as nations needed dollars to buy oil. So gold was replaced w/oil as the standard of value. Today, due to resentment of foreign policies promoting the gay agenda, our overextended military, & allegiance to Israel, many countries refuse to accept dollars for oil. America will suffer inflation, & likely much worse, the collapse of the dollar, as prices for gas, food, steel, automobiles etc. soar out of control.

Neocons may pass price controls. Democrats will blame white privilege, business & the rich, inciting labor strikes & riots, but eventually both sides will blame Russia, Syria, Iran, & yes, China, thanks to Kissinger, provoking war to distract us from the real perps who’ve been destroying America from within since 1913. To them, we’re just goyim, this is just business, & this is what they call their “religion”.

Herein lies the problem w/our private Federal Reserve Bank, & income tax. When a private bank has one primary borrower, and that borrower has a seemingly limitless ability to collect taxes to pay interest on the debt. That bank and their agents will encourage as much spending as possible.

But it’s much worse. When that bank is controlled by a racist cabalist “religion”, who have embedded themselves in all branches & every level of gov’t, media, education, health care, big pharma, and control big business, we have a real problem. Judaism is Jewish racial supremacism far worse than Nazism or World War II Japan. If you question that, there have been far more deaths due to Jewish Communism, than Nazism or Japan, & look which banks were bailed out at our expense.

Paul Warburg, came from the Rothschild bank dynasty to create a private central Bank for the United States. This is turning taxpayers into worse than indentured servants. At least indentured servants are freed after 7 yrs. This system is stealing our freedom, especially when they take away our currency, w/power to track our every move. This is the ultimate power they seek, & they’ll use it to control everything we do & say. This also is their “religion”, & why we’ve been censored, & are getting fake news. The apostle John called it: “the Synagogue of Satan” Rev 2:9 & 3:9. I pray we find the faith, courage, & desire, to reclaim our freedom.