Aug 16, 2013

Rep. Lindbergh's description of the Federal Reserve Act of 1913

Say what you like about the famous aviator's political leanings, here is what his father, Rep. Charles A. Lindbergh Sr, said about the signing of the US Federal Reserve Act in December 1913 (after most congress members had left DC for the holidays--to shove the bill through in spite of their opposition--or to give them political cover?):

“This Act establishes the most gigantic trust on earth. When the President (Woodrow Wilson) signs this bill, the invisible government of the Monetary Power will be legalized...The worst legislative crime of the ages is perpetrated by this banking and currency bill.”

And here is what President Wilson said about his own complicity though I doubt he went far enough with his mea culpa:

"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, 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 governments in the civilized world. No longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men."

Woodrow Wilson (speaking of his collusion in the creation of the Federal Reserve Bank of America in 1913)

"Most unhappy?" Now we're the ones who are most unhappy...


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