Comments on: Conspiracy Theories and the Federal Reserve: Say What?

By: Thanks

Thanks — Mon, 20 Jul 2009 19:43:44 +0000

Thank you for this article. I saw Zeitgeist (three times), and, at one point, got pretty hysterical. I thought I had finally been revealed to the truth. Without even knowing or understanding the Fed as it has been operating over the past century.

What I see now, is thousands of self-proclaimed “authorities” of this subject, spouting out their own interpretations of conspiracies. It’s maddening, wading through the mountains of junk facts on the web.

My point is: to all the Alex Joneses and other nuts, simmer down. It actually is very tiresome listening to your rhetoric. Especially when some people have real work to do.

By: skeptical

skeptical — Fri, 10 Jul 2009 15:23:18 +0000

forget the word “conspiracy” for a minute…powerful people have always planned to grab more power, for all kinds of reasons, and in all kinds of ways. personally, i have no idea what happened leading up to 9-11, or on jekyll island in 1910. but there are “official” stories. and oddly they always are culturally acceptable, within the boundaries of how we are educated to think, and very often extremely short on evidence. so what is the basis for these cultural boundaries? not that the “conspiracy” theories are correct, but perhaps our “official” theories are just more of the same? a researcher can quote, footnote, argue, unearth any kind, or type, of evidence, but if it flies outside of the traditional boundaries of cultural acceptability, it will never be enough. all someone has to do is chuckle and the floodgates are opened–everyone starts laughing.

By: Evelyn Black

Evelyn Black — Wed, 17 Sep 2008 09:59:41 +0000

Hi Raymond, good point. Especially today, as I wake to read reports of the government bail-out of AIG. If we had to back our currency with anything at all it would never be an option. What a mess. Thank you for your comments.

By: Raymond

Raymond — Wed, 17 Sep 2008 04:35:10 +0000

I don’t know of conspiracies regarding a worldwide banking cartel. However the passage of the Federal Reserve Act
aligned the interests of two powerful groups:

The big NY bankers got a lender of last resort, finally resolving those pesky bank runs. Scenes of a carriage loaded with gold being transported from bank to bank ahead of the bank examiner was over. Just picture it.

And—-

The federal governments deep desire to fund their new economic ideas without having to collect taxes.

It was a win win situation.

By: Evelyn Black

Evelyn Black — Tue, 16 Sep 2008 10:26:39 +0000

Hi Laurent, I’m a bit confused about what you are saying here. Are you saying that the meeting was secret and that proves there is in fact a “worldwide banking cartel”? If so, there are all kinds of secret meetings going on in the world of finance for all kinds of reasons: It’s hardly a given that a) the meeting was secret and b) therefore there really is a worldwide banking cartel plotting the totalitarian overthrow of humanity.

Maybe that’s not what you are saying though. It is true that lots of good solid reading material is available on this topic. I was just critiquing the internet flick, which I think is wacko. Thank you for taking the time to comment.

By: LAURENT

LAURENT — Tue, 16 Sep 2008 08:10:07 +0000

First sorry for my bad english as it isn’t my mother tongue.

You should forget about these ridiculous and untrusted sources REAL Sources of history i.e. Primary sources from people who did make the History. For example do you know who Frank Vanderlip was ? He was the protege of Rockefeller and President of his bank (see wikipedia or elsewhere). He did participate in the creation of the FED at Jekyll Island in 1910 well before the official setup of 1913. Do you want historical proof ? Then get an archive of the Saturday Evening Post of February 9, 1935 where Frank Vanderlip revealed 25 years later after the fact: “…it would have been fatal to Senator Aldrich’s plan to have it known that he was calling on anybody from Wall Street to help him in preparing his bill…I do not feel it is any exaggeration to speak of our secret expedition to Jekyll Island as the occasion of the actual conception of what eventually became the Federal Reserve System.”

Do you want another proof ? Buy on Amazon “The Federal Reserve System, Its Origins and Growth” by Paul Warburg the famous banker himself. He did also participate to the creation of the FED in secrecy as he does state (Vol. 1, p. 58):

“But then the conference closed, after a week of earnest deliberation, the rough draft of what later became the Aldrich Bill had been agreed upon, and a plan had been outlined which provided for a ‘National Reserve Association,’ meaning a central reserve organization with an elastic note issue based on gold and commercial paper.”

On page 60, he wrote:

“The results of the conference were entirely confidential. Even the fact there had been a meeting was not permitted to become public.” He adds in a footnote, “Though eighteen [sic] years have since gone by, I do not feel free to give a description of this most interesting conference concerning which Senator Aldrich pledged all participants to secrecy.”

I have plenty of other primary sources but lack of time and place so I will stop now.