Tuesday, May 5, 2009

One of the most important documentaries you may never see

If you've noticed that periods of boom and recession seem to start as if from on high and been annoyed at across-the-board price increases of certain items then I highly recommend watching this video. It's called The Money Masters, written by Patrick Carmack and written/presented by Bill Still. It was made in 1996 but if anything is more relevent now then when it was made.

Apart from that I'll let the video speak for itself through some of the quotees. Keep in mind that like the US, Australia has a privately owned central bank that creates money and lends it to the government at interest:

"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance." - James Madison

"When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes... Money has no motherland; financiers are without patriotism and without decency; their sole object is gain." - Napoleon Bonaparte 1815

"It is well enough that people of the nation do not understand our banking and money system, for if they did, I believe there would be a revolution before tomorrow morning." - Henry Ford

"The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it." - John Kenneth Galbraith (1975).

"The few who understand the system will either be so interested in its profits or be so dependent upon its favours that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear its burdens without complaint, and perhaps without even suspecting that the system is inimical to their interests." - The Rothschild brothers of London writing to associates in New York, 1863.

"To cause high prices, all the Federal Reserve Board will do will be to lower the rediscount rate, producing an expansion of credit and a rising stock market; then when business men are adjusted to these conditions, it can check prosperity in mid-career by arbitrarily raising the rate of interest.

It can cause the pendulum of a rising and falling market to swing gently back and forth by slight changes in the discount rate, or cause violent fluctuations by a greater rate variation and in either case it will possess inside information as to financial conditions and advance knowledge of the coming change, either up or down.

This is the strangest, most dangerous advantage ever placed in the hands of a special privilege class by any Government that ever existed.

The system is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money.
They know in advance when to create panics to their advantage, They also know when to stop panic. Inflation and deflation work equally well for them when they control finance." - Charles August Lindbergh

"The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest.
Money will cease to be master and become the servant of humanity." - Abraham Lincoln

"The death of Lincoln was a disaster for Christendom. There was no man in the United States great enough to wear his boots and the bankers went anew to grab the riches. I fear that foreign bankers with their craftiness and tortuous tricks will entirely control the exuberant riches of America and use it to systematically corrupt civilization." - Otto von Bismark (1815-1898), German Chancellor, after the Lincoln assassination

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered...." - Thomas Jefferson in the debate over the Re-charter of the Bank Bill (1809)

I have a PC with a video card with TV out hooked up to a TV, if I want to watch a Youtube or Google video I usually download it and use this to watch it, I find this a much more comfortable way to watch.

Part 1:


Part 2:


If you have made it this far, here are three follow-up interviews with the makers of this video on The Alex Jones Show from July 2008 (download).

There's another video called "Money as Debt" that zooms in on the exponential debt aspect, illustrating the madness of the way our current financial system works. Essentially every new dollar that comes into the system is in the form of credit. And where does the money for the interest come from? New credit of course.

Update: The Money Masters is now in a more portable format, I extracted the audio (part 1 is direct stream, part two I converted from AAC with no deterioration), I found that the information sank in better and it can be re-listened to at will. It's split up into chapters, here's the link to the whole directory: