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Repetition is good (productive). We learn our tables of multiplication by 'rote', another word for repetition. All the files of this website are related, in one way or another. The files are many - could require days to read all of them. The following is a list of 'Most Related Significant Events of the 20th Century'. This list could also be called 'most counter-productive events', or 'most destruction causing events', of the 20th Century. Federal Reserve Bank Act of 1913 - An un-constitutional Act of the U.S. Congress. This Act of the U.S. Congress created/consolidated a banking system under control by a private authority (commonly referred to as the Fed). Under this Act, the Fed answers to no one (to no other government or political ideology or authority) except to the market for money, i.e., the buying and selling of public and private debt, and trade in the buying and selling of international (all other national) units of currency (money). This Act is declared (by this author) an un-constitutional Act of the U.S. Congress. Why un-constitutional? Because this Act, by the U.S. Congress, removed original authority of the U.S. Congress under the 'U.S. Constitution', "To coin Money, and regulate the Value thereof, and of foreign Coin, ..." (Article I, Section 8, Paragraph 5.) and turned/delegated that 'authority' to a privately owned organization of 'bankers'. By and through this Act, the U.S. Congress removed from itself all responsibilty/accountability to control the cost/value/exchange rate of money (in our national interest, the U.S. dollar).
The Federal Reserve Banking system operates under the concept of an 'elastic' money supply. That private authority controls that 'elasticity' by controlling or changing the interest rate (time-cost of borrowed money). Interest rate is a number expressed as a percent (%) [most often referred to as APR (Annual Percent Rate)] and that percent rate (%) number determines the amount you will pay (on a monthly basis) to the lender, for that amount you have 'borrowed' to supplement your income, from wages or pension, to pay for the cost of support for your material existence (house, food, clothing, utilities, car, insurance, appliances, et al). 'Elasticity' means that the money supply (amount available for borrowing) can be increased or decreased by changing the cost of borrowed money:
This concept of 'elasticity' [changing interest rate percent (%) to change the cost of borrowed money] is perhaps the most ingenious of processes and procedures ever conceived and designed by the human mind to control behavior of a national population - controlling the cost of living and cost of doing business (buying and selling) in the marketplace (domestic and global). [People in debt, beyond the purchase power of their income to pay (the poor) are easier to control than people who are free or much less encumbered by debt (the wealthy)] Whoever controls the cost of borrowed money (interest rates), and down payment requirements for purchase of stock for investment with borrowed money, controls all inhabitants of all nations of the world. When asked, what is the most powerful force in existence (?), Einstein answered, "the compound interest rate formula". Treaty of Versailles - Clemenceau of France (1841-1929) dictated terms of this treaty on Germany for Germany's invasion of France and causes of World War I (1914-1918). The currency/debt penalty imposed by this treaty on Germany and all of its citizens, was the primary cause of the rise of the NAZIs (national socialist party) under Adolph Hitler, and World War II. (See 'Inflation defined' further below.) Roaring Twenties - This decade of the 1920s was called the 'Roaring Twenties' because the (unconstitutional) private banking authority (established in 1913) provided that capital stock (for investment) could be purchased with low down payments (ten cents on the dollar?) - pay for the rest (balance) with borrowed money. Accordingly, everyone and his brother in the U.S. bought into this debt scheme concocted by the (unconstitutional) private banking authority. Result of this scheme was inflation of capital stock prices (face values of stock prices driven to amounts higher than could be obtained by real-time selling of material assets/collateral property, 'property' owned by all individuals and all private companies and corporations). The Great Depression of the 1930s - After the entire population of the U.S. was sucked into debt for borrowed money to purchase capital stock (for investment), all the menber banks of the Fed called in the loans, causing the Great Depression of the 1930s. This Depression was caused deliberately (in my view) by member banks of the Federal Reserve Banking System. Purpose behind deliberate cause of that Great Depression? Answer: To transform the United States into a socialist welfare state (an effect which has largely been accomplished): After everyone [all individuals and all all private companies and corporations were indebted beyond their means to repay the debt (borrowed money to purchase stock)], all affected banks called in the loans, i.e., initiated foreclosure proceedings to collect the debt for borrowed money to purchase capital stock. These foreclosure proceedings, to collect all debt incurred to purchase stock on borrowed money, resulted in collapse of all inflated stock market prices. These foreclosures shut-down all industrial engineering and manufacturing facilties in the U.S., creating the 'Great Depression of the 1930s'. Then, not previously expected, like World War I was not expected, World War II was initiated by NAZI Germany's invasion of Poland on September 1, 1939, thanks to the Treaty of Versailles after World War I, and Japan's bombing of U.S. military facilities at Pearl Harbor, Hawaii on December 7, 1941. The occurance of World War II brought an end to the Great Depression, but not to the ongoing and current effect it had on the political mind set of the population of the United States. Ignorant of the simple but insidious causes of the Great Depression, the public blamed Herbert Hoover, then Republican president of the U.S. Therefore, in 1932, Democrat Franklin D. Roosevelt (FDR) was elected President. The Republican Party and Republicans became anathema. Public support was thrown to FDR and the Democrats, forcing establishment of the totally socialist institutions under control by Federal Government - WPA (Works Progress Administration), CCC (Civilian Conservation Corps), TVA (Tennessee Valley Authority), and the Social Security Program. This website holds that cause of the Great Depression was deliberate, to reshape the U.S. into a socialist welfare state and to establish Federal Government as the 'employer of last resort'. That effect has been largely accomplished. The Democrat Party became, and continues to be, a harbor for all adherents to 'socialism' and 'communism' (where 'communists' are only 'socialists' in a hurry). Bretton Woods Agreement Act of 1945 See Bretton Woods Agreement - By Amendment to the un-constitutional Federal Reserve Bank Act of 1913, this Act created the World Bank and the International Monetary Fund (IMF). Prior to this Act, rate of growth of U.S. Money Supply followed closely rate of growth of the U.S. national population headcount. After this Act, rate of growth of U.S. Money Supply exceeded rate of growth of the U.S. national population headcount. A 'graphic' is provided (link further below) to show comparison of separate rates of growth of U.S. population headcount (an uncontrollable variable) and U.S. Money Supply (a controllable variable). (It's interesting to note that there was no inflation of the U.S. dollar in the U.S. throughout all of World War II. High-test gasoline was selling for $.18 per gallon. Current high cost of oil [gasoline at the pumps] is due solely to the uncontrolled expansion of the U.S. Money Supply over the last fifty plus years.) This Act was formulated by finance ministers of banks in other nations, at a meeting in Bretton Woods, New Hampshire, (a resort location) in the late summer of 1944, when it appeared the Allies were winning the war against the Axis. Results of this meeting of finance ministers was enacted as an Act of Congress in July 1945, even before the atom bombs were dropped on Hiroshima and Nagasaki in August 1945, ending World War II. This Act (creation of the World Bank and the IMF) was initiated to pay for reconstruction of all nations decimated by the military actions of World War II (on the back of U.S. tax-paying citizens). Intent and funding of this Act has been alternately identified as the Marshall Plan(?) and Foreign Aid. Robert McNamara, Secretary of the Department of Defense (during the war in Vietnam) during the John F. Kennedy and L.B. Johnson's Administrations, was first President of the World Bank. Inflation and the Cold War Years (1945-1989) - a period of a deliberate national policy of inflation of the U.S. dollar - a period of time used to set the stage for creation of the 'New World Order'. Beginning for creation of the 'New World Order' began in late 1940s, after the Bretton Woods Agreement was signed into law. Prior to the Bretton Woods Agreement Act of 1945, inflation of the U.S. dollar was negligible. Inlation defined: when rate of growth of any national money supply exceeds rate of growth of any affected nation's population headcount. (Refer back [above] to effect of the Treaty of Versailles.) Rate of growth of U.S. national money supply, at some rate that exceeds rate of growth of the total U.S. national population headcount, did not begin until after the Bretton Woods Agreement Act was signed into law in 1945. Graphic image has been provided to show this comparison. ( See Figure A5-2.1.b. Chart of U.S. Money Supply Growth vs U.S. Population Growth, 1900-1997 ) New World Order - Under the guise and premise of 'free-trade', a Geopolitical division (reduction) of planet Earth into separate trade zones (or trade blocs). Most well known are the GATT (General Agreement on Tariffs and Trade), abolishing national borders to create a union of formerly sovereign states of Europe (under a single currency called the Euro) and the NAFTA (North American Free Trade Agreement). The NAFTA is a carbon copy of the GATT. The NAFTA has essentially abolished the borders between Canada, United States and Mexico, creating the flood of illegal immigrants into the U.S. this early in this 21st Century. Deliberate inflation of the U.S. dollar, since creation of the World Bank and the IMF in 1945, is singled out as the root, or primary, cause of destruction of all industrial engineering and manufacturing facilities and capabilities in the U.S. during the last fifty years of the 20th Century. Purpose of the New World Order - to reduce national sovereignties into socialist-welfare slave states, for dominion by the finance ministers of the largest central banks on planet Earth. Therefore, this website welcomes you to the new and Great Depression of the 21st Century - with proposed 'Corrective Actions' required by all nations during the 21st Century - otherwise - God help us all. E-mail contact for Comment or Challenge to this observation and its conclusions bpalick@knology.net Advance to Search for Justice Under Law Return to Home Page |