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The Creature from Jekyll Island! Huh?

If you think the “Creature from Jekyll Island” is a character in a horror film, think again. The “Creature” is the Federal Reserve System which was the brain child of a group of “mad” financiers who gathered together under the relatively carefree name of The Jekyll Island Club. You know them as the Morgans, the Rockefellers, and all those other rich bankers from the North that had more money than god.

The author of Creature, G. Edward Griffin, is a political commentator and documentary filmmaker who has no love for the Federal Reserve. This is the ultimate conspiracy theory. After the Bank Panic of 1907, the bankers got together and under the ruse of the Federal Reserve System gained virtual control of the American Monetary System. The main thing they did was create money. They did it by creating credit. For example, if you and I loan our money to a friend, we can’t loan more money than we have. However, under the Federal Reserve System a bank may have $10 in assets (investments) and yet be able to loan $90, many times the investment. The Federal Reserve System created instant money, just not for you and me. It’s the banks that get to reap the benefits of loaning more money than they have. According to Griffin, it’s all because we created the Federal Reserve, a system designed and created by the bankers to regulate the banks in the way the banks wanted to be regulated.

The plan was hatched in 1910 at Jekyll Island and it took until 1913 for Congress to pass the necessary legislation, The Federal Reserve Act. The leader of the effort was Republican Senator Nelson Aldrich, (Rhode Island) the whip in the Senate and chairman of the National Monetary Commission. I wonder if ole’ Senator Aldrich died rich? He died 2 years later in 1915.

Even presidential candidate Ron Paul has called into question the monopoly of the Federal Reserve.

There is a lot of conspiracy in this interview, as well as the book. Do you believe in conspiracies? The more I try to find out what is going on, the more I believe that money controls this country and every part of it that wields power. That is conspiracy enough!

 
 Edward Griffen, Author [28:21m]: Play Now | Play in Popup | Download (558)

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