My Blog List

Sunday, November 21, 2010

Recession 2010 Sounds A Lot Like Depression 1929. And The Depression Winners Were? Thats Right, The Global BANKERS.

DEPRESSION IN 1929


Stack in front of you the biographies of all the Wall Street giants, J.P. Morgan, Joe F. Kennedy, J.D Rockefeller, Bernard Baruch, and you'll find they all marvel at how they got out of the stock market and put their assets in gold just before the crash.

Non mention a secret directive, since revealed, sent by the father of the Federal Reserve, Paul Warburg, warning of the coming collapse and depression.

With control of the press and the education system, few Americans are aware that the Fed caused the depression. It is however a well known fact among leading top economists.

"The Federal Reserve definitely caused the Great depression by contracting the amount of currency in circulation by one-third from 1929 to 1933."
Milton Friedman, Nobel Prize winning economist

"It was not accidental. It was a carefully contrived occurrence... The international bankers sought to bring about a condition of despair here so that they might emerge as rulers of us all."
Rep. Louis T.McFadden (D-PA)

"I think it can hardly be disputed that the statesmen and financiers of Europe are ready to take almost any means to re-acquire rapidly the gold stock which Europe lost to America as the result of World War I."
Rep. Louis T.McFadden (D-PA)

40 billion dollars somehow vanished in the crash.

It didn't really vanish, it simply shifted into the hands of the money changers. This is how Joe Kennedy went from having 4 million dollars in 1929 to having over 100 million in 1935.

During this time the Fed caused a 33% reduction of the money supply, causing deeper depression.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.