As we go to press with this, the 141st issue of Midnight Messenger, the economic future of our once great Republic hangs in the balance. On September 29 members of Congress, each of whom swore a solemn oath to “support and defend the Constitution of the Uni­ted States” and bare “full faith and allegiance to the same,” refused to sell out the best interests of the American people. They voted 228-205 against bailing out the international bankers and their Wall Street cronies whose financial crimes brought the nation to its present perilous position. For the first time in more than 100 years, a majority in Congress, at the over­whelming urging of their constituents, voted in the best long-term financial interests of the American people. They voted in favor of breaking the stranglehold the international banksters  — represented by the privately owned “Federal” Reserve System and multinational corporations — have on our nation. Two days later, October 1, the Senate — amidst a tidal wave of false “doom and gloom” predictions generated by the banking community and the neo-con Bush administration — decided to pass basically the same grave­ly flawed bailout bill after minor changes. To twist the arms of senators in favor of a “Yes” vote, yet another $150 billion in bribes (euphemistically called “incentives” or “pork”) was added to the original $700 billion “bailout the bankers” bill. The treacherous senators who, instead of voting to let the greedy bankers pay for their own criminal activities, voted to place the $850 billion (and counting) burden on the shoulders of the long-suffering Amer­ican taxpayers. As a result, long-term, America’s grave financial predicament has been worsened, not alleviated. It is becoming increasingly evident to many that the majority of the “public servants” we sent to Wash­ington, and to whom we entrusted the handling of our nation’s affairs, are all too willing to sellout the best long-term interests of the American people.

            Then, on October 3, following unprecedented threats and political manipulation, the majority of our alleged representatives were coerced, pressured, and intimidated into endorsing once again what amounts to nothing less than unbreakable chains of financial servitude from which our nation has no hope of escaping.

 

THE FED HAS PLUNDERED

THE UNITED STATES

            In a letter to James Madison dated January 1, 1815, Thomas Jefferson, our nation’s third president (1801-1809), made a profoundly insightful statement: “If the American People ever allow the banks to control the issuance of their currency, first by inflation and then by deflation, the banks and the corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their fathers occupied. The issuing power of money should be taken from the bankers and restored to Congress and the people to whom it belongs. I sincerely believe the banking institutions having the issuing power of money is more dangerous to liberty than standing armies.”

            Since the unconstitutional Federal Reserve Act was deceitfully passed by a depleted Congress on December 23, 1913 (and enacted into “law” by President Woodrow Wilson a few hours later) those words have prov­en remarkably accurate. Although a deluded President Woodrow Wilson declared that the Fed represented “the dawn of a new era”... and was “the first of a series of constructive acts to aid business,” he later acknowledged his error. Still later, another fact emerged. Wilson was being bribed into compliance to the will of the international bannkers by the threat of blackmail by Jewish lawyer, Samuel Untermyer. Untermyer had come into possession of “love letters” written by Wilson to his mistress. The woman happened to be the wife of one of  Wilson’s former colleagues when he was president of Princeton University. After leaving office (and when he was out from under the control of the international bankers) he declared:  “I am a most unhappy man. I have unwittingly ruined my country.... We have become one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world.” [We have become a] “Government by the opinion and duress of a small group of dominant men.”

            Since its inception the Fed has been systematically plundering the United States of America. As Congressman Louis T. McFadden, former Chairman of the Banking and Currency Committee, so aptly stated in 1931: “We have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks... The Federal Reserve ... has cheated the Government of the Unit­ed States and the people of the Unit­ed States out of enough money to pay the national debt several times over. This evil institution has impoverished and ruined the people of the United States...

            “They are not government institutions. They are private credit monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; the rich and predatory money lenders.

            “In that band of financial pirates there are those who would cut a man’s throat to get a dollar out of his pocket...”

            “[T]he iniquitous Federal Reserve Act [is the] death warrant of American liberty.” (The Speeches of Congressman Louis McFadden, pgs 298, 299, 300).

            When “the iniquitous Federal Re­serve” Bill passed, Congressman Charles Lindbergh condemned its ratification as “the great­est crime of the ages” and warn­ed that the privately-owned “Federal” Reserve would become America’s “invisible government” and thus its dictator.  He was absolutely right! For the last 94 years the Fed [which was incorporated in 1914] has controlled and directed our nation’s affairs along a path designed to bring about its ultimate collapse and absorption into a Godless new world order. Prior to 1914 there had been little if any inflation since our nation’s found­ing. Since 1914 there has been nothing but inflation.

            As a result of the elimination of “law­ful money” (the Constitution — the Supreme Law of the Land, Article 1, Section 10, decrees that only silver and gold can be tendered in payment of debts) and the introduction of a fiat currency backed by nothing, America’s wealth has been plundered. From being the wealthiest nation on earth in 1914, we have become the world’s greatest debtor nation.

 

PLANK OF

COMMUNIST MANIFESTO

            Few Americans recognize that the Fed is, in fact, a very important plank in the Communist Manifesto first published in 1848: Plank #5 of the Manifesto calls for, “Centralization of credit in the hands of the State, by means of a national bank with State capital and an exclusive monopoly.” Particularly since the late 1960s, when our alleged “representatives” in Washington abandoned Lawful (Constitutional) money in favor of a fiat currency (credit created out of thin air), the United States has been on a financial toboggan slide to economic oblivion. As economist C.V. Myers stated at the time, that treacherous act by the Lyn­don B. Johnson administration set in motion “a steamroller of destruction” that can’t be stopped. “If the Lord were to send an emissary of his own, this emissary could not stop the steamroller of destruction... He could not stop it because if we concede that the Lord’s laws are natural laws only, then all natural laws would have to be canceled and reversed if the emissary of the Lord could cure it. If he were to cure it in any other way, he would have to defeat the Lord and all the natural laws that man has known since his birth on this planet.”

            Since entering the White House in 2001, the Bush administration has placed that steamroller of destruction in “fast forward.” It is now out of control and is sweeping aside and destroying everything in its path. In recent months, giants of the economic, banking, insurance, and retail business worlds have been falling like ninepins.

 

REBELLION AGAINST

LAW AND ORDER

            Most of the causes for the current economic meltdown can be traced to America’s open rebellion against the biblically-based principles of law and order that were so important in the founding of our once-great Republic. For decades “change agents” in every area of society have been advocating the wholehearted adoption of “situation ethics”— the mistaken belief that there are no absolutes. Many have been deluded into thinking they can be their own “god.” As such, they believe they are the sole arbiter of what is right and what is wrong for them as individuals.

            If we follow the obviously perverted “logic” of such non-reasoning we must automatically reach the conclusion that to believe otherwise would “obviously” be “discriminatory” and thus evidence of “bias.” After all, aren’t we told that your “truth” is as good as my “truth”? Stop and think! If we accept that false premise, we must be “tolerant” and give equal credence to all opinions — except, of course, those opinions based on biblical truths.

            No wonder so many millions of people are psychotic and overwhelmed by a endless array of complexes. Having accepted and embraced such diabolical insanity from youth, no wonder so many have turned to drugs in a feeble effort to escape from the hideous reality of their own aimless existence.

 

DERIVATIVES: FINANCIAL

WEAPONS OF MASS

DESTRUCTION

            Particularly in the last few decades, the most prominent manifestation of this economic lawlessness has been the explosion in the use of derivatives. The Initiative for Policy Dialogue (IPD) at Columbia University offers us a good definition: “A derivative is a financial contract whose value is linked to the price of an underlying commodity, asset, rate, index or the occurrence or magnitude of an event. The term derivative refers to how the price of those contracts is derived from the value of the underlying items.” In other words, as another source ex­plains, “It’s kinda like playing craps at the casino, where instead of gamblers betting on the dice-roller to crap-out, with derivatives investors are betting on whether a creditor is going to go under. But instead of buying chips, the lender buys risk insurance and makes a ‘swap’ with a third party. If the borrower doesn’t pay the loan back, the lender loses the loan but collects the insurance.

            “To make things even more confusing, there are three kinds of derivatives: Futures. Forwards. Swaps. Options.... IPD cautions: Derivatives ‘pose several dangers to the stability of the financial markets and the overall economy’ because they can be used for ‘unproductive purposes such as avoiding taxation, outflanking regulations designed to make financial markets safe and sound, and manipulating accounting rules, credit ratings and financial reports. Derivatives are also used to commit fraud and to manipulate markets’” (Alternet.org 10/1/08).

            No wonder Warren Buffett, the famed financial guru CEO of Berkshire Hatha­way, labeled derivatives “the financial weapon of mass destruction.” According to Marketwatch, the derivatives market is approximately $500 Trillion ($500,000,000,000,000). To put things in perspective, the same magazine tells us that America’s gross domestic product (GDP) is around $15 trillion. The GDP of all nations combined is around $50 Trillion. The total value of all the real estate in the world is estimated at $75 Trillion, and the total value of all the world’s stocks is about $100 Trillion. But there is a $500 Trillion market in derivatives!” Obviously derivatives are weapons of mass destruction!

            The multimillionaire financial charlatans in New York added to their vast personal fortunes by spreading this financial toxicity far and wide. Many European lending institutions didn’t exercise “due diligence” in dealing with these sharks and bought vast amounts of their junk. They, too,  are now paying a horrendous price for their actions. Many of them are having to be bailed out by their Socialist governments at great expense to the taxpayers. As France’s Prime Minister Francois Fill­on stated so clearly, the unscrupulous bankers brought the world to the “edge of the abyss.”

            On Friday October 3, Treasury Secretary Henry Paulson (“Hanky Panky”) and his political and financial cohorts were finally able to twist enough arms and grease enough palms in Washington to get Congress to pawn off the burden of Wall Street’s criminal financial behavior onto the shoulders of millions of bemused, cash-strapped American taxpayers instead of allowing it to fall where it rightly belongs: on their own heads. As Jonathan Weil revealed on Bloomberg.com (10/3/ 08): “If Paulson were serious about recapitalizing rickety U.S. banks ... [he would have ordered them] to disclose everything there is to know about them, so Mr. Market could figure out their present value....  He [couldn’t] let that happen... If everyone [had seen] how much the toxic waste is worth the write­downs would [have been] so huge that many banks would have to be declared insolvent.”

 

CONGRESSWOMAN

MARCY KAPTUR

            Many rank and file politicians in Wash­ington (not the “leaders” of both parties) recognized the truth and were attempting valiantly to defend the interests of the American taxpayer. Of course, being politicians who are aware of widespread voter displeasure over the proposed bailout, they also wanted to protect their own political futures from voter discontent. On the floor of the House, Congresswoman Marcy Kaptur (D-Ohio) condemned  “Wall Street’s big banking boys, those self-pro­claimed geniuses of high finance, who are bankrupting America. These plunderers of our economy who have fought tooth and nail against financial regulation, are now running home to Mama. They who virulently oppose government oversight in the markets, have come begging to the U.S. Government, Mama, to bail them out of their bad decisions. They want Mama to make it all better.

            “Well, Mama, the Federal Reserve and the Treasury, now run by Wall Street’s best friends, have been happily shelling out from our taxpayers [hundreds of  billions of dollars] for those irresponsible Wall Street giants. Meanwhile, homeowners ... are suffering as a result of these high-flying bankers’ self-aggrandizing decisions. I’ve not seen Secretary Paulson and Chairman Bernanke running around ... expressing concern about working people’s houses and helping them work out troubled loans. No. All they’re doing is sending these people the bills.

            “The first check Mama wrote was in March. The Fed’s main role in the Bear Stearns buyout by JP Morgan Chase was a $29 billion loan to a corporation it created to buy $30 billion worth of assets from Bear Stearns. If the assets gained value, the Fed would profit. If the assets lost value, the first $1 billion would be lost by JP Morgan Chase, but the rest of the losses would be borne by — guess who? — the American taxpayer.

            “Then Mama wrote a blank check, a big one, to Fannie May and Freddie Mac. Now, that bill is already $200 billion and could rise to $2.4 trillion, a blank check. Last year, the head of Freddie Mac earned compensation of $18.3 million, and Fannie Mae’s chief, David Schmidt, received $11.6 directly, not counting all their other bonuses and stock options and who knows what else.

            “Now Mama has written a third check for the crisis on Wall Street, and has effectively nationalized American International Group [AIG] ... with a $83 billion ‘loan.’ I wonder why we don’t change the name of the U.S. Trea­sury to the Sovereign Wealth Fund, because we are borrowing money from other countries in order to bail other these institutions.

            “By the way, from 1999 to 2004, the CEO of AIG, Maurice ‘Hank’ Green­berg, was named by Forbes magazine as among ‘the world’s richest people,’ with a net worth in 2004 of $3.6 billion ($3,600,000,000,000). What a cozy group they have up there on Wall Street. The CEO named earlier this year, Robin Willumstad, has been the president of Citigroup since 2002, and his base salary was $1 million, plus up to $4 million to $8 million in targeted annual bonuses, plus $13 million targeted incentive pay and a one-time $24.5 million restricted stock award to vest over 4 years.

            “Where are our homeowners to get a deal like that? The American people are truly getting bilked. They didn’t get a fair shake on the upside, and they are getting all the downside and a huge IOU. Foreclosures are going up ... And while Wall Street is made whole, the folks back on Main Street are losing their homes and getting the bill. What does it say about our values when we pump hundreds of billions of dollars into preserving Wall Street’s bad boys while ignoring the plight of the American people?

            “Across Main Streets, from coast to coast, people are losing their homes. But are Mr. Paulson and Mr. Bernanke giving them any help on the upside? All they are giving them is a bill for Wall Street’s excesses....

            “I feel sorry for our country. I feel sorry for this Congress, that we can’t do a better job of standing up for the people today who are losing their homes... Where is the Federal Reserve? Where is the Treasury Department? Why do they only help the rich people? What about the rest of the people who have to work for a living?

            “I can’t think of when I have been as upset as I am tonight about what is happening to the big shots, and the people who are paying the bill are getting shoved off the edge.

            “Wake up, America. Wake up...”

 

COST UNKNOWN

The true cost of this unconscionable sellout of the American people by their alleged representatives has yet to be tallied. As Congress bails out the crim­inals who created the mess and financially “rapes” its true victims, the cost will no doubt be monumental. Some are estimating the ultimate cost this present bailout as close to $2 Trillion. But that’s not all. Far from it. What we have seen so far is just the beginning. What about the additional trillion dollar bailouts that will be demanded when the next mortgage crisis raises its ugly head in 2009? And how about the one that follows on its heels in 2010? The treach­erous low­lifes who infest the District of Corruption don’t dare to even mention these.

            When the horrendous cost of the current bailout is added to the equation, Bush will have the ignominious distinction of having doubled America’s  national debt, in just 8 years,. That debt has being accumulating for 175 years — since the time President Andrew Jackson succeeded in eliminating it in 1835. No mean feat for the man who prides himself on being the great “decider.”  The federal budget deficit for 2009 is currently estimated at $482, 000,000,000. Watch out for massive inflation.

 

TRULY A SPIRITUAL CRISIS

            It is abundantly clear that since 1776 America has come the full circle: From slavery to a foreign despot to national freedom ...  and back again to slavery under a  foreign despot. Our once great Republic didn’t fail. It was subverted. Since the Civil War we have steadily been taken over by an alien power — the invisible government of the occult-dominated international banking elite which can be traced back to the time of Nimrod’s Babylon (Genesis 10-11). That takeover is reflected in the financial servitude  in which we now find ourselves.

            At its base it is truly a spiritual crisis. Who makes the rules, the Creator God or men who are heavily influenced by Satan, “the god of this world who has blinded the minds of those who believe not,” and the one who has deceived the whole world” (II Corinthians 4:4 and Revelation 12:9)?

  In putting together the Constitution (the Supreme Law of the Land) our founding fathers gave us a biblically-based monetary system, one based exclusively on precious metals (gold and silver, Article 1, Section 10). As it was a Creator God-inspired monetary system — one based on true substance and accurate weights and measures it worked perfectly. As every aspect of our judicial system was originally based on the Law of God (Ten Commandments), the results were spectacular. It was widely accepted that, “A false balance is an abomination to the Lord: but a just weight is his delight” (Proverbs 11:1).  It was acknowledged that “diverse weigh­ts and diverse mea­sures, both of them are alike an abom­ination to the Lord... and a false balance is not good” (Proverbs 20:10, 23). Under this system of absolute standards, there was an explosion of person­al freedom and national wealth. As predicted by John Winthrop many years earlier, America became “a light on a hill that could not be hid.”

            Although numerous attempts were made to destroy America’s biblically-based monetary system, it wasn’t until after the creation of the “Federal” Reserve in 1913 that those efforts met with lasting success. Since then, as Congressman McFadden stated in 1931, “[T]he iniquitous Federal Reserve Act [has proven to be the] death warrant of American liberty.”

            As it is based on a system of diverse weights and measures, both of which are alike an abomination in the sight of the Creator, the privately-owned Fed is one of the instruments being used by Satan to destroy America. As the Fed’s “money” has no real substance, it is vi­ciously destructive. Unlike the original biblical system, which is its direct opposite, it leads only to the destruction of real values and thus to the enslavement of mankind. As Dr. Carroll Quig­ley revealed in his 1966 tome, Tragedy and Hope, the aim of the international bank­ers — of which the Fed is a creation and thus an integral part — is “nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system [will be] controlled in a feudal fashion by the central banks of the world [the international bankers] acting in concert, by secret agreements arrived at in frequent private meetings and conferences” (p.324).

            To prepare the way for this “feudal” system, the international bankers have methodically and maliciously (over a period of many years and by a wide variety of methods — wars, created “crises,” etc.) been setting the scene for one final bid for total, unrestrained control over planet earth. Decade by decade, through the use of these deliberately-created crises, they have created political and economic turmoil and confusion. These in turn have littered the world scene with the tattered remains of true personal wealth, prosperity, and freedom.

            But stop. Think. That wealth hasn’t been destroyed. Far from it. Through financial chicanery, such as the creation of fiat money (credit created out of thin air) and political manipulation, that wealth has been and is being systematically stolen from private individuals whose own ingenuity, diligence, hard work, and planning produced it. That wealth is being systematically transferred into the hands of those who lust for total world power. Through the use of what could euphemistically be term­ed the international bankers’ “vacuum cleaner,” that wealth is being sucked up into the hands of those who despise the common man. Our nation’s true wealth is being systematically confiscated. The victims are the helpless suckers who — oblivious to what is really happening to them, and why —  are being left with the toxic financial waste which will lead to their ultimate destruction and slavery.

 

THE ULTIMATE SUCKERS

            In the final analysis, however, the international bankers themselves are the ultimate suckers. They have fallen into a trap that will eventually result in their ignominious defeat. They have fallen, hook, line, and sinker, for the Satanic lie with which the “great deceiver” tried to con Jesus Christ in the first century. Read the story in Matthew, chapter 4! The devil (Satan) took Jesus up into an exceeding high mountain, and showed him all the kingdoms of the earth, and the glory of them. Then came the  attempted con. “All these things will I give you, if you fall down and worship me.” Now, notice Jesus’ response — one founded exclusively on a full grasp of political and spiritual reality: “Get thee hence, Satan: for it is written, Thou shalt worship the Lord thy God, and him only shalt thou serve” (Matthew 4:8-10).

            Down through the ages, Satan (or Lucifer), the god of this world (II Corinthians 4:4) has made many such “pitches” to people who lusted after political, financial, and spiritual power. Over the centuries, many famous people have “bought” Satan’s lie without understanding the hideous consequences. All their efforts to rule “all the kingdoms of the world” as a result of falling down and worshiping Satan have had tragic endings.

            In the late 1800s, Albert Pike was the top-ranking Mason of his time. He was the only Confederate officer or figure to be honored with an outdoor statue in Washington, DC (Judiciary Square). In his 1871 book, Morals and Dog­ma, Pike acknowledges that Lucifer (aka Satan) “the Son of the Morning ... who bears the Light, and with its splen­dors intolerable blinds feeble, sensual, and selfish souls” is the real god of masonry. “Doubt it not!” (p.321)

            The belief that Satan can still come through with his grandiose promise of giving “all the kingdoms of the world” to a single individual or group still burns brightly in the hearts and minds of those who plan to create a new world order. It is their one, burning passion in life — one based, not on the laws of the Creator God but on the selfish, lustful greed of Lucifer whose de­mented goal is to “ascend into heaven ... to exalt his throne above the stars (angels) of God ... to ascend above the heights of the clouds ... and be like the most high” (Isaiah 14: 13-14). Such a crazed ambition on the part of Satan or deceived mankind, is the very epitome of spiritual insanity.

            In the final analysis, it all boils down to one basic question: which God are you, personally and individually, going to worship and serve? Is it going to be “the god of this world” and all that he stands for? Or it is going to be the one true, living God of the Bible and the Lord Jesus Christ, the only hope of the world?