FINAL WARNING: Financial Background
came to the United States to meet with Andrew Mellon, the Secretary of
Treasury, the Reserve reversed its monetary policy by raising the
discount rate, and during the next few months, after Paul Warburg had
issued a tip in March, 1929, Illuminati members, who knew what the
future held, got their money out of the stock market, reinvesting it in
gold and silver. In the year before the crash, 500 banks failed.
On October 24, 1929, the New York banking establishment began
calling in their loans, forcing their customers to sell stock at
ridiculously low prices in order to pay off the loans. Stock prices fell
by 90%, and U.S. Securities lost $26 billion. Thousands of smaller
banks and insurance companies went bankrupt, and people who had
been millionaires, were now broke. To prolong the depression after the
crash, from 1929 to 1933, the Reserve began to reduce the money flow
by one-third.
The Great Depression, as it became known, was engineered by the
Illuminati to take money from the people, and to make them dependent
on the Government through the subsequent New Deal programs of
Roosevelt. Congressman Louis T. McFadden, Chairman of the House
Banking and Currency Committee said: “It was no accident. It was a
carefully contrived occurrence ... The International Bankers sought to
bring about a condition of despair here so they might emerge as the
rulers of us all.”
To a limited extent, this same method was used to create minor
‘depressions’ in 1937, 1948, 1953, 1956, 1960, 1966, 1970, and 1979.
In his book, My Exploited Father-in-Law by Curtis Dall (son-in-law of
Franklin D. Roosevelt) wrote: “The depression was the calculated
‘shearing’ of the public by the World Money powers, triggered by the
planned sudden shortage of supply of call money in the New York
money market ... The One World Government leaders and their ever
close bankers have now acquired full control of the money and credit
machinery of the U.S. via the creation of the privately owned Federal
Reserve Bank.”