In was in 1913 that President Wilson signed an agreement which was against the the American constitution that allowed a private cartell of banks to print the US currency.Back then it was the Rockefellers,Morgans and Rothschilds.

Our Reserve bank is owned by our Govt and with the increase in GDP more money needs to be put into our economy.In Australia we the people get some benefit by our Govt receiving the benefits of producing this new money.In the US the privately owned Federal Res takes the extra GDP for that year and loans it to the US Govt which in turn,the Govt taxes the people for the prividledge of being productive.It is legalised theft!

Pres John F Kennedy in 1963 had $4 billion in Govt new currency printed and began distrubuting it.He was assassinated and Pres LB Johnson withdrew it from circulation.There have been many attempts to prise the power of this Fed Res Cartell from private hands,to no avail.

Baron Von Rothschild "Give me control over a nations currency and I care not who makes the laws."

Are you beginning to realise why the US is in so much debt which seems inescapable?

Sorry for the spelling of privilege.In 2007 total US debt was $53 trillion or $175,000.00 for every person.Foreign Debt was $12.5 trillion or $42,000.00 US for every person.We a have a foreign debt of over $30,000.00 per person,but with the depreciation of our dollar it is virtually the same.

We in Aust don't save much and our banks borrow from OS,which in turn makes us slaves to the international banking cartells of the likes that rule the US.Make no mistake,this is far more serious than most of us realise,but we can put in train plans to free all people on this planet from the indolent greed that has motivated the likes of the Morgans,Rothschilds that now enslave us.

When debt enslaves people,the treadmill of work makes them less creative and thus far less productive.Both the US and Aust have gone down this path for far too long.This cartell of international banks have taken people's productivity and wasted it all in the name of their own insecurities ,power and self gratification.We must support the US people in breaking up this modern Feudal System of debt creation which demeans all humanity.

It is time to become more aware.You will not see realities like this portrayed on the pop media,since the likes of JP Morgan own enough shares in CNN etc,to buy their silence.

Hi Arjay....this particular issue is one which should be SHOUTED from the housetops....

How..how is it even conceivable that a private company/group can control a State's finance?

We(they) Reap what they sow(ed).

polycarp, it's quite simple: you and everyone not born in switzerland are living in a society run by the rich and well-connected for the rich and well-connected.

the virtues of democracy are obvious. but after growing up with constant social conditioning to submit to 'yer betters', or 'the professionals', ozzies are literally blind to these 'obvious' features, or submissive to their masters.

nothing to be done, the vast majority of ozzies are cows.

Hi Demos...

yes, I rather agree with you.

But consider this. IF.. we do have a democratic choice in who are our leaders..... how would the 'rich and well connected' deal with the likes of Pauline Hanson?

Is it in their interests to destroy her? I suggest that it is very MUCH in their interests to do so. The simple reason is, that aside from any particular unsavory (to them) political ideas she might have, the simple fact that irrespective of her ideas, her presense and influence in parliament would be an irritant and thorn in their side and a threat to their power...

Which raises the question about why it was the LEFT and GREENS who shouted most vociferously against her?

Could they be connected to the 'rich and well connected'? Or.. could it be that the Rich and Well Connected simply fed their obsession with racism etc and used them as an attack monster to do their dirty work for them?

Aaaah.. many unanswered questions.

If we do the CI approach we would ask 'Who benefited'?

One of the things that Obama [if he wins the US elections] needs to do is to get rid of (i) the World Bank (ii) the IMF.

He also needs to replace "Globalisation" and "Free-trade" with some kind of fair-trade agreement.

But it may be that Obama has already been bought by some form of cartel. How else can he raise US$600 million within such a short time?