Table of Contents Table of Contents
Previous Page  38-39 / 48 Next Page
Information
Show Menu
Previous Page 38-39 / 48 Next Page
Page Background

According to an official government re-

port, the Federal Reserve made 16.1 trillion

dollars in secret loans to the big banks during

the last financial crisis. The following is a list

of loan recipients that was taken directly from

page 131 of the report:

Citigroup - $2.513 trillion

Morgan Stanley - $2.041 trillion

Merrill Lynch - $1.949 trillion

Bank of America - $1.344 trillion

Barclays PLC - $868 billion

Bear Sterns - $853 billion

Goldman Sachs - $814 billion

Royal Bank of Scotland - $541 billion

JP Morgan Chase - $391 billion

Deutsche Bank - $354 billion

UBS - $287 billion

Credit Suisse - $262 billion

Lehman Brothers - $183 billion

Bank of Scotland - $181 billion

BNP Paribas - $175 billion

Wells Fargo - $159 billion

Dexia - $159 billion

Wachovia - $142 billion

Dresdner Bank - $135 billion

Societe Generale - $124 billion

“All Other Borrowers” - $2.639 trillion

Source: http://theeconomiccollapseblog.

com/archives/25-fast-facts-about-the-federal-

reserve-please-share-with-everyone-you-

know

ing. The people will own nothing. But the bankers

will own everything.

President Woodrow Wilson had this to say about

the Federal Reserve: “

A great industrial nation is

controlled by its system of credit. Our system of

credit is concentrated. The growth of the nation and

all our activities are in the hands of a few men. We

have come to be one of the worst ruled, one of the

most completely controlled and dominated Govern-

ments in the world – no longer a Government of free

opinion, no longer a Government by conviction and

vote of the majority, but a Government by the opin-

ion and duress of small groups of dominant men.”

Just before he died, Wilson is reported to have

stated to friends that he had been “deceived” and that

“I have betrayed my country.” He was referring to the

Federal Reserve Act passed during his Presidency.

The financial institutions of the nation are enslav-

ing us. No one dares to say anything. Economic pro-

fessors in universities, politicians, the mainstream

media… all seem to avoid the topic of money cre-

ation, treating it as “taboo”. During the October 2013

dept ceiling debate, very little was mentioned in con-

gress about the problem of debt money creation, by

either of the political parties.

The truth is, that the Federal Reserve has de-

ceived us with their moneymaking schemes, veiling

them in secrecy. Bankers pull numbers from their

computers, like a magician pulling a rabbit from his

hat, creating money out of nothing and claiming it as

their own. They then lend this money as credit to the

nation and to individuals, and then charge interest.

And it is this interest (money) that has never actually

been created, thus, making it impossible to ever pay

it back.

As it is explained in Lesson 3 of the book

Social

Credit Explained in 10 Lessons

: “

The public debt

is made up of money that does not exist, that has

never been created, but that governments never-

theless have committed themselves to paying back.

An impossible contract, represented by the bank-

ers as a ‘sacrosanct contract’, to be abided by, even

though human beings die because of it.”

In the Church’s Catholic Social Teaching Pope

Pius XI in 1931 wrote in his Encyclical letter

Quad-

ragesimo Anno

, “

This power becomes particularly

irresistible when exercised by those who, because

they hold and control money, are able also to gov-

ern credit and determine its allotment, for that rea-

son supplying, so to speak, the lifeblood to the en-

tire economic body, and

grasping, as it were, in

their hands the very soul

of production, so that no

one dare breathe against

their will.”

Pope Francis wrote, in

his new Apostolic Exhorta-

tion

Evangelii Gaudium

(The Joy of the Gospel)

signed on November 24,

2013, for the conclusion

of the Year of Faith:

“We

have created new idols.

The worship of the an-

cient golden calf (cf. Ex

32:1-35) has returned in a

new and ruthless guise in

the idolatry of money and

the dictatorship of an impersonal economy lacking

a truly human purpose. The worldwide crisis affect-

ing finance and the economy lays bare their imbal-

ances and, above all, their lack of real concern for

human beings; man is reduced to one of his needs

alone: consumption.”

And Pope Francis continues:

“A new tyranny is

thus born, invisible and often virtual, which unilat-

erally and relentlessly imposes its own laws and

rules. Debt and the accumulation of interest also

make it difficult for countries to realize the poten-

tial of their own economies and keep citizens from

enjoying their real purchasing power.”

(n. 56)...

“Behind this attitude lurks a rejection of ethics

and a rejection of God. Ethics has come to be viewed

with a certain scornful derision. It is seen as counter-

productive, too human, because it makes money

and power relative. It is felt to be a threat, since it

condemns the manipulation and debasement of the

person. In effect, ethics leads to a God who calls for

a committed response which is outside the categor-

ies of the marketplace. When these latter are abso-

lutized, God can only be seen as uncontrollable, un-

manageable, even dangerous, since he calls human

beings to their full realization and to freedom from

all forms of enslavement.”

(n. 57.)

For these bankers, money is their god; it is the

“golden calf” that they worship. They are like agents

of the, “…thief (who) comes only to steal and kill and

destroy;”(John 10:10) But Jesus adds, “I came that

they may have life, and have it abundantly.” (John

10:10) “No one can serve two masters; for either

he will hate the one and love the other, or he will be

The headquarters of the Federal

Reserve in Washington, D.C.

Representative Charles A.

Lindbergh Sr., father of the

famous aviator, said: “This

(Federal Reserve) Act establishes

the most gigantic trust on earth...

The worst legislative crime of the

ages is perpetrated by this

banking and currency bill.”

devoted to one and despise the other. You cannot

serve God and mammon (money)”. (Matthew 6:24)

So who owns the Federal Reserve Central

Banks? Eight big banking dynasties, most of them

from Europe:

Rothschild Bank of London

Warburg Bank of Hamburg

Rothschild Bank of Berlin

Kuhn Loeb Bank of New York

Israel Moses Self Banks of Italy

Goldman, Sachs of New York

Warburg Bank of Amsterdam

Chase Manhattan Bank of New York

Lazard Brothers Bank of Paris

Our intention of revealing these names is sole-

ly for the purpose of praying for their conversion.

“…in the sight of God our Savior, who desires all

men to be saved and to come to the knowledge of

the truth.” (Timothy 2:3,4)

Yves Jacques

u

If you have just moved or are about to move,

it is very important to send us your new ad-

dress. If you do not send us your new address,

the post office returns your MICHAEL Journal to

our office and we sustain a fine for each journal

thus returned. Thank you!

Make sure MICHAEL moves

...with you !

Moving?

38

MICHAEL October/November/December 2013

MICHAEL October/November/December 2013

www.michaeljournal.org www.michaeljournal.org

39