Chapter 62 - Dead Money Reformers

Tiberius Gracchus 133BC

Tiberius Gracchus was born in 163 BC and was elected to the tribunate in 133 BC after a distinguished career in the military. Although born into Rome's elite, he was a champion of the ordinary working people. The agrarian poor had gradually lost their land through usury. It was the usual problem where compound interest transfers all the wealth to the very richest within a few generations. These landless peasants then lost the chance of work, as the new landowners, with the huge landholdings, started to use slave labour. Tiberius Gracchus tried to implement stricter laws against usury and limit landownership to plot sizes of about 600 acres per family. He also advocated a better spread of wealth towards the poor. His opponents in the Senate, sponsored by the operators of usury, orchestrated a dramatic assassination in 133 AD.

Julius Caesar 44BC

Julius Caesar recognized the problems created by usury where all the wealth, assets and land was being transferred to the usurers and the affluent supporters of usury. He attempted to limit the interest rate to control its devastating effects. [620] In 48 BC, Caesar removed the right of the private money changers to create money and coinage. He created a national currency and spent the money into society, erecting many public buildings and starting many public infrastructure and construction projects. The greatly increased availability of Cash Currency and his projects made work plentiful and money more available. The common people adored Caesar as they could live with plentiful Cash Currency rather than usurious Bank Credit from the moneylenders.

A conspiracy by numerous Roman senators, led by Gaius Cassius Longinus and Marcus Junius Brutus, stabbed Julius Caesar to death in 44 BC. After the death of Caesar, the supply of Cash Currency was greatly reduced to about 1/10 of its former level. Taxes increased to crippling levels and people began to lose their land and their homes. History is often distorted by those that benefit from usury and you could still hear slander about him today as you will hear slander against modern era money reformers.

Jesus Christ 30 AD

Jesus stood up against those that manipulated money and those that benefited from that manipulation. The act of Jesus tipping over the tables of the money changers in the temple was a massive symbolic gesture that the abuse should not continue. To silence the man, he was nailed to a wooden scaffold to die. The followers of Jesus did not tolerate usury. It is claimed that Europe was largely usury free for around 1500 years. However, this is not quite true as the Christians were barred from the practice of usury which gave free reign to others to take advantage of usury against the gullible Christians. Venice and Florence were masters at the art. The Christians are so gullible on this subject that one wonders if the Christian religion was set up purposely to allow control by money. The leaders of Christian church today are remarkably silent about the devastating effects that usury is having on the citizens of the world and on nations themselves. Christians are ignoring Christ's stand on usury. They expect a usurious gain on their savings and willingly borrow to gain unearned income from speculative purchases of property. The Muslims, who hold Jesus as a prophet but not as a messiah, still hold usury as a great sin. However, even the Muslims have found ways around the taboo of usury. Usury finances our media.

Abraham Lincoln

To finance the American Civil War of 1861, President Abraham Lincoln organized Congress to issue its own currency. 450 million 'greenbacks' were created as interest-free money. The were not backed by gold or silver but only by the credibility of the U.S. government and were issued from 1861-1865. [621]

Lord Goschen is reported in the London Times as saying:

"If this financial policy becomes permanent, the government can without expenses acquire necessary monetary provision. It can pay its debt and repay its loans without debt. It will have enough money to trade. It is going to be more healthy than any other in history. If we do not overthrow this government, it will overthrow us."

President Lincoln was still a little short of money to win the war. The banks recognize the weakness and knew that the president would not get the congressional authority to issue more greenbacks. The National Bank Act was put forward by the money changers and was passed by Congress. This meant that the money supply would be created by government debt. The government would become indebted to the banks by selling government bonds. The government bonds were used as backing for private bank-issued banknotes.

From this point, the banks were in a strong position.

Lincoln intended to reverse the National Bank Act after his re-election. He was opposed to the central bank control over national finances. He was opposed to a return to the gold standard as gold was scarce and prone to monopolization. In his election campaign of 1864, Abraham Lincoln promised to curb the power of the banks. The Civil War ended in 1865 and Lincoln was assassinated six days later by John Wilkes Booth (Botha) who has interesting Masonic associations. Izola Forrester, Booth's granddaughter, wrote that the Freemasons were involved in the assassination of the president. [623]

President John F. Kennedy

On 4 June 1963, President Kennedy signed a presidential document which went by the name 'Executive Order 11110'. This amended Executive Order 10289 of 19 September 1951. This returned to the United States government the Constitutional power to create and issue currency backed by silver, [622] without going through a private corporation operating as the Federal Reserve Bank. It appears that President Kennedy knew the Federal Reserve Notes being used as the supposed legal currency were contrary to the Constitution. His order had the potential to put the Federal Reserve Bank out of business. President Kennedy was the first president since Abraham Lincoln to create money on behalf of the people. He printed $4 292 893 825 in 'interest-free' and 'debt-free' United States Notes, ignoring the 'Federal Reserve Notes' from the private bank operating under the name 'Federal Reserve'. You can still find these notes. They have "United States Note" printed across the top instead of "Federal Reserve Note". I bought the one below from a dealer. Debt is needed by banks to create profit and obtain control. JFK had attacked two or the best methods of creating debt - war and private money creation. U.S. debt has escalated ever since his assassination. I remember hearing of the assassination of President Kennedy 1963. It was a sad moment. The 'United States Notes' were rapidly taken out of circulation. Some believe he was assasinated by the CIA for exposing their plans to hi-jack the presidency and destroy the freedom of Americans.

Websearch:  : 'JFK assasination'

Websearch:  : 'JFK secret society speech'

JFK 'United States Note' and private corporation issued 'Federal Reserve Note'. Image is from the collection of Andy Chalkley

US Government Debt since JFK

[620] Birnie, 1958

[621] Wikipedia


[623] Izola Forrester wrote in her 1937 book: 'This One Mad Act'