Sed hei mihi! Non sum quod funi.
Alas! I am not what I was.
No, indeed the international banking cartel is a great deal more today than it was in the immediate past!

The true ultimate evil in the world is Illmonism. The managers of world international banking, and "national banks" are all Illuminists. Illmonism, communism and Zionism are one and the same.

Some years ago I had a firsthand education in banking, when my local bank in CT asked me to join their board. I held that position for numerous years and in due course learned how banks operate, where their funds come from, you will be amazed! Before we enter this heady topic let me explain some relevant facts necessary in order for you to get the true picture of the size and proportion of the scam that these people manage and the fact that they control all governments of Western nations.

Fiat money is what the system operates on, fiat simply means paper, and in this case backed by nothing. Those of you old enough will remember that small denomination bills, one, two, and five were silver certificates, i.e. paper money that could be exchanged in any bank for "coin" silver. Larger denomination bills, at that time, 10, 20, 50, 100, 500, 1000, denomination were gold certificates that could be exchanged for gold in any bank, "coin". So, up to the depression all paper money (fiat money) was backed by "coin". The word coin is in quotation marks because it is found in the constitution as the only legally available currency acceptable for the payment of taxes. (Constitution A 1 S 8 P5) All that changed with the traitorous legislative illegal passage of the XVIth amendment to the constitution in 1913.

The XVIth amendment, which was not ratified by the required number of states, was enacted as a temporary measure by the Wilson administration to finance what he determined to be the necessary finances to entrance into WWI in order to protect the British empire of that time. As history buffs will recall Wilson and the British succeeded into getting us into WWI through the sinking of the Lusitania. This ship was loaded with munitions and armaments departing NYC for London. She also had about 190 American passengers. The German Imperial government placed ads in over 30 American newspapers that the Lusitania (British Flag Ship) was considered a war supply ship and was thus open to attack by Germany. The Wilson administration succeeded in having the ad pulled by all but one newspaper. When the Lusitania entered British waters her escort was removed and she was ordered by London to slow down U-boats had no difficulty in hitting her, and with the huge load of explosives in her hold she went down in less than ten minutes. This gave the Wilson administration and the Zionist media the opportunity to stir up America and get us into WWI. Remember that the Grand Kahal the centeral government of the Diaspora of Zionism, and world banking, was at that time located in London. As we all know the First World War came and went, and the Allies then set up WWII through their armistice treaty, which bankrupted Germany totally. All this while the temporary income tax has remained as it is today. This set in place the great German inflation (through the issuance of fiat money) naturally instituted by the same Zionist banking cartel, and the active attempt by Illuminists to take over the German Weimar Republic through their Zionist controlled communist movement. Like in their French revolution attempted takeover they did not count on the arising of a nationalist leader, which in France was Napoleon and in Germany was Hitler.

The next thing you must clearly understand is that there are no "national banks" left anywhere in the world. All banks, whose primary business relates to international transactions, i.e. large banks, have so many joint directors and officers, who serve on the boards of other international banks, and multi-national corporations that they represent one monolithic cartel. All these primarily Zionist led banks operate what is called "fractional reserve banking" as their means of corporate operation. Fractional reserve banking is a Jewish invention that has been used by Jewish bankers since the Babylonian captivity of about 600AD.

The process of fractional reserve banking is a complicated scam, based on several known factors. It operates on the accepted fact that once a bank is operational and established it requires only a "fractional" i.e. small portion of its total depository (funds placed in the bank by its customers) at any one time. So, all banks keep only a very small amount of asset (total deposited money) on hand because they know fairly exactly what their daily cash payout demand is. The balance of their funds is out on loan at interest payable to them by borrowers. An interesting side note is that banks do not charge interest on funds that they provide other banks because Jews and Muslims are not allowed to charge interest to members of their own religion. Previously, some time ago, all banks were required to maintain at least 15% of their total outstanding deposit available in gold. When the gold standard was removed by FDR an other Zionist controlled president the gold depository was taken away, and replaced by fiat paper deposit requirements. These deposit requirements have over time been continuously eroded until today the required deposited cash requirement is all but eliminated and may be assumed to be under 5% in the average bank.

In the 1970's I managed a pension and profit sharing plan of a corporation, which had a deposit of just over $ 340,000 with a local savings bank in the town in which we were located. When I went to the bank to cash a personal check and they refused to cash it I went to my office two blocks away and picked up the deposit book, went back to the bank and demanded payout in cash of the deposited $ 340,000. It was amazing, the president, manager, head teller, everyone came to the lobby in less than three minutes, and they explained that they did not have the cash on hand, now we were in the lobby and I loudly asked "what do you mean you don't have the funds to cover our deposited funds?" Panic set in as other customers in the lobby immediately asked for their money. They resolved the problem by calling all the other banks in town and asking how much cash they had available for immediate pickup. Inside of twenty minutes they had rounded up all the cash from five other banks. Now this bank had reported "assets" (not really "assets" but deposits) of over $500 millions, and they could not come up with $ 340,000.

Assets according to Black's Law dictionary are, "Assets in hand: asset in the hands of executor or administrators, applicable for the payment of debts". So, here is the very first part of the scam. How can you possibly list as assets funds that you have loaned out to third parties, that you no longer control, and which are secured by often by dubious collateral as an asset? If you did this as an individual you would find yourself in jail for fraud in a NY minute. Let me be very clear, all banks list deposits as asset, since these funds do not belong to the bank they are legally not bank assets at all. Suppose now that you go to a bank and ask to make a mortgage loan. Once you are approved the bank will make out a payment check for the outstanding amount to the mortgage they have approved for you. This check they make out is bogus, because there is no collateral to cover the outstanding check. In other words the banks makes out a check but they do not have the "asset" to back the payment. This process when done by an individual is called "Check Kiting" and is punishable by a lengthy prison term. This is compounded by the fact that other banks accept the first banks check without question, deposit it in their accounts and then call it an asset, because it is a deposit. Try this and you will go to jail for more years than you can even count. What fractional reserve banking does is to create money out of nothing, or perhaps more accurately the smoke and mirrors of bookkeeping and computer impute. Nothing of any value whatsoever is backing the entire transaction. What the mortgage borrower has assumed is that he has borrowed money (value) when in real life his bank that in addition to the lie also allows the bank to foreclose on the outstanding loan at any time they want to has provided him a false promissory note. This clause may be found under the hidden name of the "acceleration clause". Boy they are not kidding when they say acceleration.

Taking the entire process up one step we can go to government who accomplishes these same antics but on a much grander scale. When our legislative branch of government (House and Senate) spend more money that they are projecting as tax receipts, which they have done every year since the FDR administration, they go the board of governors of the Federal Reserve System, which was set up in 1913 as the banking monopoly held in private hands. They ask for and get whatever amount of money they want, all of which is added to the "National Debt".

National debts which are a fact of life in all industrialized economies are a sham, and totally dishonest. Bear with me, when the FRS was set up it was provided the assets of the host nations; this would be in all nations, because all have national banks. Thus when the FRS was set up it was given access to the funds held by the treasury at the behest of the American peoples. So, the national debt is fancied by: funds that already belong to the people but controlled by the bankers, for which they charge interest on money that they do not own, but are the property of the same taxpayers. Another scam. Worse yet is the fact that the national debt as an average of collected taxes in industrialized nation is around 30% of overall government expenses. The banking consortium pockets thereby about 30% of all taxes paid by individual taxpayers.

The FRS or Federal Reserve System, is not federal, not a reserve and most certainly not a system, it is in fact a private corporation composed of 52% NYC banks with the rest of it owned by member banks of the "System". Now if you will recall above we spoke of fiat money, and how we had changed from silver and gold certificates to paper certificates to backed by nothing. There is one more factor that I neglected to cover before, and it is important. In the late 90's a big change was made in all issued fiat money. If you look at an older one-dollar bill on the side with Washington's picture you will see a seal with a letter in the middle. It is black. The one before me has the letter J in the middle and around the seal is written, Federal Reserve Bank Kansas City Missouri. If you will now look at a newer bill any $ 5 and higher you will see a subtle change, which was never announced or spoken of. All the new bills say only United States Federal Reserve System. Why is this a significant change? There are two reasons for this change. Firstly it is because the amount of minimum depots held by banks was yet again reduced, and secondly because these system operators wanted desperately not to have any attachable bank responsible to make good on demand by any taxpayer of repayment of funds in the case of a default or run on the bank. Getting back to the FRS this monopoly, and that is what it is, is granted by Congress in the XVIth amendment in total violation of all the precepts as set forth in the Constitution. It takes the responsibility of the coinage, issuance, and valuation out of the hands of your elected representatives and grants that power to the cartel. The original reason for granting this extraordinary power to bankers was the statement made by Paul Wartburg the chief architect of the FRS system, that this would result in a more stable and regulated currency. Nothing could be further from the truth. In fact since the creation of the FRS we have gone through one cycle after another in which the value of money, the capital markets and the commodities markets have sway wildly up and down. It is through these manipulated cycles of value change that bankers earn the greatest income.

Inflation is caused by only one factor, the increase in the "money supply". Money supply is the speed at which the FRS runs the printing presses over at the Bureau of Printing and Engraving, which is directly effected by the amount of money our congress is overspending. The money supply contrary to what is reported in the mainstream media has been increased by well over 300% since Greenspan took over as head of the consortium. This means that in real terms your income has been decreased by 300% in 15 years. Worse than that is that due to the "progressive income-tax" (which as now shown is not progressive but regressive) has further decreased you earnings. The present tax structure increases the percentage amount of taxes you pay as your income rises. Thus due to inflation your income rises every year and the percentage of tax you pay rises at the same rate. Don't by the way have the silly notion that this applies equally to all, because it does not. When those bankers met at Jekyll Island off the Georgia in 1910, they arranged for numerous clauses in the laws so as to enable them not to pay taxes. Trusts and foundations are among many of them. I have personally seen the tax return of one of the Rockefeller's who in that year paid just under $ 500. for his entire tax payment.

If you now ask an officer of the FRS what backs the U. S. Dollar he will respond with the classic smoke and mirrors response; The Full Trust and Faith of the U. S. Government. Press further and he will tell you that the dollar is supported by debt. Some free advice when you go for a loan to your local Illuminist banker, don't tell him your collateral is debt, because if you do he will throw you out of his office.

Alphonso Taft was an 1833 Yale member of Skull and bones. (The Order American Illmonism) Erwin Schiff put Taft out of the Presidency; the Zionist banker Schiff was the agent for Woodrow Wilson (The Order) we learn form the personal diary of Major Butt, a close associate of Taft's that Schiff came to the president's office and told him "You will abrogate the 1832 treaty with Russia now!" Taft told him "You will not tell the President of the United States what to do!" Wilson who was managed by Cornell House replaced Taft. The Illuminati stayed in power, as they are today with both Republocrats members of The Order. History as they say repeats itself unendingly.

A. H. Krieg's latest book is Our Political Systems available from all booksellers.

Page URL: http://www.kriegbooks.com/the_supreme_scam.html
Host Web site: http://www.kriegbooks.com/