The Money Changers
To the Madyan people We sent Shu'aib, one of their own brethren: he said:
"O my people! serve Almighty God. You have no other god but Him. Now has come to you a clear Sign from your Lord!
Give just measure and weight, nor withhold from the people the things that are their due;
and do no mischief on the earth after it has been set in order: that will be best for you, if ye have Faith.
(Al Quran Chapter. 7, Verse. 85)
The English penny first appeared in Anglo-Saxon times, as a silver coin.
The weight of the English penny was fixed at 22.5 troy grains (about 1.46 grams) by Offa of Mercia, an 8th century contemporary of Charlemagne.
The coin's designated value, however, was that of 24 troy grains of silver (one pennyweight, or 1⁄240 of a troy pound, or about 1.56 grams),
with the difference being a premium attached by virtue of the minting into coins.
Thus 240 pennyweights made one troy pound of silver in weight,
and the monetary value of 240 pennies also became known as a "pound".
(240 actual pennies, however, weighed only 5400 troy grains, known as tower pound, a unit used only by mints.
The tower pound was abolished in the 16th century.) The silver penny remained the primary unit of coinage for about 500 years.
The purity of 92.5% silver (i.e., sterling silver) was instituted by Henry II in 1158 with the "Tealby Penny"—a hammered coin.
Over the years the penny was gradually debased until by the 16th century it contained about a third the silver content of a proper troy 24 grain pennyweight.
In the 12th century, Henry II established the Sterling Silver standard for English coinage, of 92.5% silver and 7.5% copper,
The pound sterling (symbol: £; ISO code: GBP), commonly called the pound,
It is commonly accepted that banking originated from goldsmiths who had vaults built to safeguard their gold.
(this is confirmed on the bank of england website with this text:
In the 16th century the goldsmith-bankers began to accept deposits, make loans and transfer funds.
They also gave receipts for cash, that is to say gold coins, deposited with them.
These receipts, known as “running cash notes”, were made out in the name of the depositor and promised to pay him on demand.)
During all these processes of devaluation through contamination,
goldsmith bankers would often keep these gold and silver coins and bullion in safety deposit vaults
for people who needed to keep their precious metals secure,
and issue paper receipts describing the amount in weight,
these receipts would bear a "promise to pay the bearer on demand" the total sum in gold or silver
- often with the acknowledgement that this gold or silver had been deposited in the vault or "treasury".
People knew that the goldsmith's word was good and that they could redeem their actual money at any time they pleased,
so they often traded with these receipts in the market
- as the sellers of goods had the assurance that they could redeem it at any time they pleased.
As these receipts circulated more, some dishonest goldsmiths realised
that only a fraction of the people came to withdraw their deposited gold or silver left in trust and it never left the vaults
- the majority just sat there,
as time passed, these goldsmiths realised they could issue a certain amount of receipts, lend them to people, and spend them in the market
-with nobody coming back to reclaim their gold or silver,
thus was born "fractional reserve banking" - in sin.
the problem was "faith", if people lost faith in these fraudulent receipts, they would come back to reclaim them
-and there would be a "run on the bank" - and the goldsmith would get lynched.
the goldsmith then hired thugs (bank security) to protect them
-and also lent to anyone with influence in the locality who may be in a tight spot.
eventually - as they gained total economic domination over their debt slaves
they "lobbied" those in power to make the receipts "legal tender"
(Legal tender or forced tender is an offered payment that, by law, cannot be refused in settlement of a debt, and have the debt remain in force.[1] Currency is the most common form of legal tender). and we find that during these times of legistlation
- the ones in power were often involved in huge bankrupting wars (conveniently)
and were heavily in debt to bankers.
thus these worthless paper receipts became "money".
it then went to being called "hard cash" and "cold hard cash" - which one would assume to be a name name reserved for precious metals.
while cheques (which are in essence notes with a promise to pay) are referred to as "soft cash".
electronic money which is totally illusory is also referred to as "soft cash".
Secondly, an important feature of credit money is that the total debt is non-repayable in aggregate.
In other words, while some borrowers may be able to repay their loans, there are others who may “default”.
Loans are not repayable in aggregate because the money needed to settle the aggregate interest in the economy does not exist in the system.
In other words, the total interest in the economy must and can only be paid in the form of real goods and services.
This real payment of interest takes place when banks confiscate collateral or other assets, or spend the loan repayments made by borrowers.
The government could pump in more non-debt state money to avoid such defaults, but statistics in most nations reveal a falling proportion of this form of money.
example: the federal reserve gains the monopoly on currency printing from the backing of elected officials,
it is illegal for anybody else to print paper dollars.
The federal reserve prints out a total amount of 100,000 dollars
and lends it out to the government and public on interest (e.g 10%)
it is a physical impossibility for the people or government to repay 110,000 dollars - without printing more notes themselves.
those individuals who do succeed in repaying the total + interest do so at the expense of the community as a whole -
as the community cannot ultimately repay total capital + interest.
hence the increase in default and repossessions, "quantitative easing", and the imaginary electronic currency.
TOTAL CAPITAL = TOTAL CAPITAL + INTEREST
IS A FACADE - A DECEPTION
EVER PLAYED MUSICAL CHAIRS?
275. Those who devour usury will not stand except as stand one whom the Evil one by his touch Hath driven to madness.
That is because they say: "Trade is like usury," but God hath permitted trade and forbidden usury.
Those who after receiving direction from their Lord, desist, shall be pardoned for the past; their case is for God (to judge);
but those who repeat (The offence) are companions of the Fire: They will abide therein (for ever).
276. Allah will deprive usury of all blessing, but will give increase for deeds of charity: For He loveth not creatures ungrateful and wicked.
277. Those who believe, and do deeds of righteousness, and establish regular prayers and regular charity, will have their reward with their Lord: on them shall be no fear, nor shall they grieve.
278. O ye who believe! Fear God, and give up what remains of your demand for usury, if ye are indeed believers.
279. If ye do it not, Take notice of war from God and His Messenger. But if ye turn back, ye shall have your capital sums: Deal not unjustly, and ye shall not be dealt with unjustly.
280. If the debtor is in a difficulty, grant him time Till it is easy for him to repay. But if ye remit it by way of charity, that is best for you if ye only knew.
281. And fear the Day when ye shall be brought back to Almighty God. Then shall every soul be paid what it earned, and none shall be dealt with unjustly.
282. O ye who believe! When ye deal with each other, in transactions involving future obligations in a fixed period of time, reduce them to writing
Let a scribe write down faithfully as between the parties: let not the scribe refuse to write: as God Has taught him, so let him write.
Let him who incurs the liability dictate, but let him fear His Lord God and not diminish aught of what he owes.
If they party liable is mentally deficient, or weak, or unable Himself to dictate, Let his guardian dictate faithfully,
and get two witnesses, out of your own men, and if there are not two men, then a man and two women, such as ye choose, for witnesses, so that if one of them errs, the other can remind her. The witnesses should not refuse when they are called on (For evidence).
Disdain not to reduce to writing (your contract) for a future period, whether it be small or big:
it is juster in the sight of God, More suitable as evidence, and more convenient to prevent doubts among yourselves
but if it be a transaction which ye carry out on the spot among yourselves, there is no blame on you if ye reduce it not to writing.
But take witness whenever ye make a commercial contract; and let neither scribe nor witness suffer harm.
If ye do (such harm), it would be wickedness in you. So fear Allah. For it is God that teaches you.
And God is well acquainted with all things. If ye are on a journey, and cannot find a scribe, a pledge with possession (may serve the purpose).
And if one of you deposits a thing on trust with another, let the trustee (faithfully) discharge his trust, and let him Fear his Lord conceal not evidence;
for whoever conceals it, - his heart is tainted with sin. And God knoweth all that ye do.
Quran 2:275-282
Non-sufficient funds (NSF) is a term used in the banking industry to indicate that a demand for payment (a check) cannot be honored because insufficient funds are available in the account on which the instrument was drawn. In simplified terms, a check has been presented for clearance, but the amount written on the check exceeds the available balance in the account.
An NSF check is often referred to as a bad check or dishonored check, or more colloquially, a bounced check, cold check, rubber check, or hot check. When a bad check is written, the following consequences may occur:
If paying the item puts the account holder in a negative status by a relatively small amount, the bank may choose to honor the check.
When this occurs, the account will be overdrawn, and the fees charged by the bank will place an extra burden on the account until theoverdraft is covered. This is a civil matter with the holder's bank and not likely to be subject to outside reporting if settled quickly enough.
the original check is not returned to the depositor, but instead the substitute check will be marked "not sufficient funds" and returned to the depositor.
- The recipient may choose to report the writer to a database like Check Connection, TeleCheck, Shared Check Authorization Network(SCAN) or ChexSystems.
- This may lead to other merchants in the future refusing to accept checks from the writer or a joint account holder,
- or the writer having trouble obtaining a checking account at another bank for several years.
- If a merchant or other place of business (particularly small businesses) receives too many bad checks from customers,
- it may simply decide to not accept any checks at all from anyone.
The reasons for receipt of bad checks mostly has to do with the party issuing the check not having enough funds available in the withdrawal or check-account.
See Non-sufficient funds But apart from this reason there are many other more minor reasons that checks may not be honored.
They include:
- Account holder canceling the check i.e. deliberately dishonoring the payment.
- Account is closed. In such a case a fraudulent action might have been taken.
When banks do this - the taxpayer is forced to bail them out - despite having had no hand in the "bank run"
sometimes with the threat of economic meltdown via asset dumping
or releasing the army and riot police into civillian areas.
"And squat not on every road, breathing threats, hindering from the path of Almighty God those who believe in Him, and seeking in it something crooked;
But remember how ye were little, and He gave you increase. And hold in your mind's eye what was the end of those who worked corruption.
Quran 7:86

Abu Bakr ibn Abi Maryam reported that he heard the Messenger of God,
may Almighty God bless him and grant him peace, say:
"A time is certainly coming over mankind
in which there will be nothing [left] which will be of value save a dinar and a dirham."
(Recorded in The Musnad of Imam Ahmad ibn Hanbal)
Sir Campbell Bannerman, [Prime Minister of Britain (1905-08)]
“ There are people who control spacious territories teeming with manifest and hidden resources.
They dominate the intersections of world routes.
Their lands were the cradles of human civilizations and religions.
These people have one faith, one language, one history and the same aspirations.
No natural barriers can isolate these people from one another
... if, per chance, this nation were to be unified into one state, it would then take the fate of the world into its hands
and would separate Europe from the rest of the world.
Taking these considerations seriously,
a foreign body should be planted in the heart of this nation to prevent the convergence of its wings
in such a way that it could exhaust its powers in never-ending wars.
It could also serve as a springboard for the West to gain its coveted objects.” - 1902
NEVER ENDING WARS?
EVER LOST A FAMILY MEMBER?
IF THAT'S NOT MALICE - WHAT IS?
Common definitions of terrorism refer to those violent acts which are intended to create fear (terror),
are perpetrated for a religious, political or ideological goal,
deliberately target or disregard the safety of non-combatants (civilians),
Some definitions also include acts of unlawful violence and war.
The use of similar tactics by criminal organizations for protection rackets or to enforce a code of silence is usually not labeled terrorism
though these same actions may be labeled terrorism when done by a politically motivated group.
Is Libya being bombed by bloody U.S. Zio thugs because Gaddafi wants to introduce gold dinar?
Publication time:
22 March 2011, 16:14
The present World Economic Crisis has forced a number of governments to
consider introduction of an interstate gold currency, writes a minor
Russian oligarch Sterligov on his blog.
Since gold yuan coinage was announced by China, talks about the gold
standard had been brought up in the Middle East. The main initiator of
non-payment in dollars and euros is the Leader and Guide of the
Revolution in Libya, Colonel Muammar Gaddafi. He called on Arab and
African world to adopt a single current - the gold dinar.
On this financial basis, Colonel Gaddafi offered to create a
single African state with Arab and Black African population numbering
200 million people.
The idea of creating a single gold currency and uniting the countries of
Africa into one powerful federal system has been actively
supported during the last year by a number of Arabic and almost all
African states. Democracy-infested South Africa and the Arab League
opposed to the idea.
The US and the EU reacted very negatively to such a initiative.
According to a French Zio "president" Sarkozy, "the Libyans have set on
the financial security of mankind." Repeated calls by the Leader of the
Libyan Revolution yields some results: Gaddafi has made more and more
steps aimed at creating a United Africa.
Two false arguments have been invented to cover up the true reason
for the present Zio-Christian Crusade against Libya: officially - "to
defend human rights" and unofficially - an attempt to steal oil from the
Libyan people. Both of these arguments do not hold up to scrutiny.
The truth is that Colonel Muammar Gaddafi decided to repeat the attempts
by French General de Gaulle to abandon the use of U.S. junk paper money
called "dollars" and return to gold, i.e. he attempts to attack the
chief power of modern parasitic Zio Democracy - the banking system.
Department of Monitorng
Kavkaz Center
http://www.kavkazcenter.com/eng/content/2011/03/22/13882.shtml
According to a French "president" Sarkozy,
"the Libyans have set on
the financial security of mankind."
Sarkozy hints at military attack on Libya
French President Nicolas Sarkozy says Paris will lead an attack on Libyan territories
in a bid to protect the civilian population and preserve human consciousness.
Speaking at a press conference, broadcast live by Press TV on Saturday afternoon, Sarkozy emphasized that
embattled Libyan ruler Muammar Gaddafi can “avoid the worst” if he respects UN resolution.
He also stressed that diplomatic doors will reopen in Libya if attacks end.
The remarks come as world leaders have gathered in Paris to discuss military action against Libya.
American, European and Arab leaders are attending the summit.
Diplomatic sources say Sarkozy, British Prime Minister David Cameron and US Secretary of State Hillary Clinton met in private before the summit kicked off.
The talks have been focused on sharing roles in a military action against Libya sanctioned by a United Nations resolution on Thursday.
In case of a military attack, France and Britain would lead a coalition focusing on air strikes.
NATO would be responsible for implementing a no-fly zone over Libya.
The move is aimed at preventing troops loyal to Muammar Gaddafi from attacking opposition fighters.
However, experts say Western countries intend to capture the vast oil resources of the North African country.
This is the slant the corporate controlled media put on it despite it being obvious that
he plans to sell the junk paper currency for more precious metals to distribute among the people
in exchange for their junk paper currency, and buy more precious metals,
which would release the people from the stranglehold that the fraudulent money changers have on humanity.
as the people have no control over their own wealth.
The U.S. Constitution, Art. I Sec. 10 Cl. 1, states, in part:
No State shall ... coin Money; emit Bills of Credit;
make any Thing but gold and silver Coin a Tender in Payment of Debts; ...Legal tender or forced tender is an offered payment that, by law, cannot be refused in settlement of a debt, and have the debt remain in force.[1] Currency is the most common form of legal tender.
the mention of the name "bin Laden" has been often used
in conjunction with the mention of legitimate policies in the Muslim world.
And many - have not studied the term "generalization" or "association" in psychology.
(despite Bin Laden having been an acknowledged CIA asset)
U.S national security advisor
Zbignew Brzezinski with Osama Bin Laden
Short selling:
Ibn Umar Narrated that the Prophet (May Allah bless him and grant him peace) said:
"He who buys foodstuff, should not sell it until he has received it."
(Sahih Muslim - 1526)
Malik son of 'Aus son of Al Hadathan reported:
"I was in need of change for 100 dinars (gold coins - denarius).
Talhah the son of 'Ubaidullah called me and we discussed the matter, and he agreed to change (my dinars).
He took the gold pieces and toppled them with his hands, and then said: "Wait until my servant comes."
'Umar the son of Khattab - May God be pleased with him (close companion of the Messenger of God -(PBUH))
who was present and was listening, said:
"By Allah! You either give him the silver, or give him back his gold.
The Messenger of God (May Allah bless him and grant him peace) said:
'Exchanging gold for silver is usury unless it is exchanged on the spot.
Exchanging wheat for wheat is usury unless it is exchanged on the spot.
Exchanging barley for barley is usury unless it is exchanged on the spot.
Exchanging dates for dates is usury unless it is exchanged on the spot.' "
(Bukhari 2174)
Uthman the son of 'Aaffan May God be pleased with him (close companion of the Messenger of God (PBUH))
narrated that the Messenger of God (May Allah bless him and grant him peace) said:
"Do not sell a dinar (gold coin) for two dinars nor one dirham (silver coin) for two dirhams."
(Sahih Muslim - 1585)
This is the third time I am coming to you. In the mouth of two or three witnesses shall every word be established.
I told you before, and fortell you, as if I were present the second time; and being absent now
I write to them which heretofore have sinned, and to all other, that, if I come again, I will not spare:
Since ye seek a proof of Christ speaking in me, which to you-ward is not weak, but is mighty in you.
2 Corinthians 13:1-2
O you who believe, when you transact a loan for any period, you shall write it down. An impartial scribe shall do the writing. No scribe shall refuse to perform this service, according to GOD's teachings. He shall write, while the debtor dictates the terms. He shall observe GOD his Lord and never cheat. If the debtor is mentally incapable, or helpless, or cannot dictate, his guardian shall dictate equitably. Two men shall serve as witnesses; if not two men, then a man and two women whose testimony is acceptable to all. Thus, if one woman becomes biased, the other will remind her. It is the obligation of the witnesses to testify when called upon to do so. Do not tire of writing the details, no matter how long, including the time of repayment. This is equitable in the sight of GOD, assures better witnessing, and eliminates any doubts you may have. Business transactions that you execute on the spot need not be recorded, but have them witnessed. No scribe or witness shall be harmed on account of his services. If you harm them, it would be wickedness on your part. You shall observe GOD, and GOD will teach you. GOD is Omniscient.
Al Quran 2:282
Jabir the son of 'Abdullah (May God be pleased with him narrated:
"The Messenger of God (May Allah bless him and grant him peace) cursed the recipient of usury and it's giver, the one who records it, and the two witnesses: and he said: "They are all the same".
Notice how the earlier dollars clearly state
that the peoples actual money is being held in trust by the treasury
dollar for dollar.
A Citizens Bank Dollar - Local
This was when a dollar was redeemable in silver

This is a sliver certificate - real money. Notice that it says "Payable to the Bearer on Demand"? This certificate was worth 100 silver dollars.
This is a gold certificate - more real money. It also says "Payable to the Bearer on Demand."
This time a person would receive $10,000 in gold.
This Is where you see the term "Legal Tender"

This is a one dollar silver certificate. It also says "Payable to the Bearer on Demand." Notice that it says that silver has been deposited in the US Treasury? It was, and probably still is, illegal to issue U S Currency without the appropriate amount of silver or gold in the Treasury.

Here is another silver certificate. This one says that it will pay the bearer ten dollars worth of silver coin.


This is a Federal Reserve Note. A note is not money, it is an instrument of debt, an IOU, a promise that some day someone will pay you back in real money. Notice that this note says it "will pay to the bearer on demand one hundred dollars"? That's because this isn't one hundred dollars - it is a note that can be redeemed for one hundred dollars in real money such as silver or gold.

Another Federal Reserve Note. Notice that it also says "will pay to the bearer on demand."
It also says "redeemable in gold on demand" and "or lawful money."
Again, this is not money, it is a note. It had value because the government
promised to pay a person back in real money - gold - at any time.
Now take a look at one of your Federal Reserve Notes. Does it say anywhere on it "will pay to the bearer on demand"?
That's because it's now worthless. Or at least it's only worth what the Federal Reserve Board says it's worth. Whenever a central banking system puts any currency that's not backed by gold or silver into our economy the less that currency is worth.

U S currency is now worth less than one-twentieth of what it was in 1945. If the Fed decided to flood our economy with trillions of dollars in currency - perhaps to try to pay off the debt - what would it be worth then?


What! have We given them a Book before this, to which they are holding fast?
Nay! they say:
"We found our fathers following a certain religion,
and we do guide ourselves by their footsteps."
Just in the same way, whenever We sent a Warner before you to any people,
the wealthy ones among them said: "We found our fathers following a certain religion,
and we will certainly follow in their footsteps."
He said:
"What! Even if I brought you better guidance than that which you found your fathers following?" They said: "For us, we deny that you (prophets) are sent (on a mission at all)."
So We exacted retribution from them: now see what was the end of those who rejected (Truth)!
Behold! Abraham said to his father and his people:
"I do indeed clear myself of what you worship:
"(I worship) only Him Who made me, and He will certainly guide me."
And he left it as a Word to endure among those who came after him, that they may turn back.
Al Quran 43:21-28
United States
The U.S. Constitution, Art. I Sec. 10 Cl. 1, states, in part:
No State shall ... coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; ...
During the early American Civil War, the federal government first issued United States Demand Notes (the first greenback notes) which were redeemable in gold and silver coin. This resulted in a situation in which the greenback paper dollar was, by fiat, overvalued in terms of US gold and silver coin and so gold and silver were held and paper circulated. see: Gresham's Law. However, due to inevitable rejection of these Demand Notes, a money-strapped Congress which had to pay for the war eventually adopted the Legal Tender Act of 1862, issuing United States Notes backed only by treasury securities, and compelled the people to accept this rejected money as payment for all debts. Thus forced to accept federal banknotes, the recipients wanted to be able to use them to pay their own debts to each other, and this led to litigation from those who did not want to accept them, but instead preferred coin. The United States Supreme Court ruled the practice unconstitutional in Hepburn v. Griswold in 1870, but later reversed this decision following the appointment of two new judges by President Ulysses S Grant. The Court held that paper money, even that not backed by specie such as the United States Notes can be legal tender, in the Legal Tender Cases, ranging from 1871 to 1884.
On the other hand, coins made of gold or silver may not necessarily be legal tender, if they are not fiat money in the jurisdiction where they are preferred as payment. TheUnited States Coinage Act of 1965 states (in part):
United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes and dues. Foreign gold or silver coins are not legal tender for debts.
This statute means that all United States money as identified above are a valid and legal offer of payment for debts when tendered to a creditor in the U.S. There is, however, no Federal statute that requires private businesses, persons, or organizations to accept it as payment for goods and/or services.[1
Below is an excerpt from " the protocols of the learned elders of zion"
this has been dismissed by many as fake, and posession has been punishable by death in certain communist countries.
And I would not therefore request you to believe whether it is or not - but read it for yourself.
Mr. Henry Ford, in an interview published in the New York WORLD,
February 17th,1921, put the case for Nilus tersely and convincingly thus:
"The only statement I care to make about the PROTOCOLS is that they fit in with what is going on.
They are sixteen years old, and they have fitted the world situation up to this time. THEY FIT IT NOW."
PROTOCOL No. 20
1. To-day we shall touch upon the financial program, which I put off to the end of
my report as being the most difficult, the crowning and the decisive point of our plans.
Before entering upon it I will remind you that I have already spoken before by way of
a hint when I said that the sum total of our actions is settled by the question of
figures.
2. When we come into our kingdom our autocratic government will avoid, from a
principle of self-preservation, sensibly burdening the masses of the people with taxes,
remembering that it plays the part of father and protector. But as State organization
cost dear it is necessary nevertheless to obtain the funds required for it. It will,
therefore, elaborate with particular precaution the question of equilibrium in this matter.
3. Our rule, in which the king will enjoy the legal fiction that everything in his State belongs to him (which may easily be translated into fact), will be enabled to resort to the lawful confiscation of all sums of every kind for the regulation of their circulation in the State. From this follows that taxation will best be covered by a progressive tax on property. In this manner the dues will be paid without straitening or ruining anybody in the form of a percentage of the amount of property. The rich must be aware that it is their duty to place a part of their superfluities at the disposal of the State since the State guarantees them security of possession of the rest of their property and the right of honest gains, I say honest, for the control over property will do away with robbery on a legal basis.
4. This social reform must come from above, for the time is ripe for it - it is indispensable as a pledge of peace.
The Gold Confiscation Of April 5, 1933
From: President of the United States Franklin Delano Roosevelt
To: The United States Congress
Dated: 5 April, 1933
Presidential Executive Order 6102
Forbidding the Hoarding of Gold Coin, Gold Bullion and Gold Certificates By virtue of the authority vested in me by Section 5(b) of the Act of October 6, 1917, as amended by Section 2 of the Act of March 9, 1933, entitled
An Act to provide relief in the existing national emergency in banking, and for other purposes~',
in which amendatory Act Congress declared that a serious emergency exists,
I, Franklin D. Roosevelt, President of the United States of America,
do declare that said national emergency still continues to exist
and pursuant to said section to do hereby prohibit the hoarding gold coin, gold bullion, and gold certificates
within the continental United States by individuals, partnerships, associations and corporations
and hereby prescribe the following regulations for carrying out the purposes of the order:
Section 1. For the purpose of this regulation, the term 'hoarding" means the withdrawal and withholding of gold coin, gold bullion, and gold certificates from the recognized and customary channels of trade.
The term "person" means any individual, partnership, association or corporation.
Section 2. All persons are hereby required to deliver on or before May 1, 1933, to a Federal Reserve bank or a branch or agency thereof or to any member bank of the Federal Reserve System all gold coin, gold bullion, and gold certificates now owned by them or coming into their ownership on or before April 28, 1933, except the following:
(a) Such amount of gold as may be required for legitimate and customary use in industry, profession or art within a reasonable time, including gold prior to refining and stocks of gold in reasonable amounts for the usual trade requirements of owners mining and refining such gold.
(b) Gold coin and gold certificates in an amount not exceeding in the aggregate $100.00 belonging to any one person; and gold coins having recognized special value to collectors of rare and unusual coins.
(c) Gold coin and bullion earmarked or held in trust for a recognized foreign government or foreign central bank or the Bank for International Settlements.
(d) Gold coin and bullion licensed for the other proper transactions (not involving hoarding) including gold coin and gold bullion imported for the re-export or held pending action on applications for export license.
Section 3. Until otherwise ordered any person becoming the owner of any gold coin, gold bullion, and gold certificates after April 28, 1933, shall within three days after receipt thereof, deliver the same in the manner prescribed in Section 2; unless such gold coin, gold bullion, and gold certificates are held for any of the purposes specified in paragraphs (a),(b) or (c) of Section 2; or unless such gold coin, gold bullion is held for purposes specified in paragraph (d) of Section 2 and the person holding it is, with respect to such gold coin or bullion, a licensee or applicant for license pending action thereon.
Section 4. Upon receipt of gold coin, gold bullion, or gold certificates delivered to it in accordance with Section 2 or 3, the Federal reserve bank or member bank will pay thereof an equivalent amount of any other form of coin or currency coined or issued under the laws of the Unites States.
Section 5. Member banks shall deliver alt gold coin, gold bullion, and gold certificates owned or received by them (other than as exempted under the provisions of Section 2) to the Federal reserve banks of there respective districts and receive credit or payment thereof.
Section 6. The Secretary of the Treasury, out of the sum made available to the President by Section 501 of the Act of March 9, 1933, will in all proper cases pay the reasonable costs of transportation of gold coin, gold bullion, and gold certificates delivered to a member bank or Federal reserve bank in accordance with Sections 2, 3, or 5 hereof, including the cost of insurance, protection, and such other incidental costs as may be necessary, upon production of satisfactory evidence of such costs. Voucher forms for this purpose may be procured from Federal reserve banks.
Section 7. In cases where the delivery of gold coin, gold bullion, or gold certificates by the owners thereof within the time set forth above will involve extraordinary hardship or difficulty, the Secretary of the Treasury may, in his discretion, extend the time within which such delivery must be made. Applications for such extensions must be made in writing under oath; addressed to the Secretary of the Treasury and filed with a Federal reserve bank. Each applications must state the date to which the extension is desired, the amount and location of the gold coin, gold bullion, and gold certificates in respect of which such application is made and the facts showing extension to be necessary to avoid extraordinary hardship or difficulty.
Section 8. The Secretary of the Treasury is hereby authorized and empowered to issue such further regulations as he may deem necessary to carry the purposes of this order and to issue licenses there under, through such officers or agencies as he may designate, including licenses permitting the Federal reserve banks and member banks of the Federal Reserve System, in return for an equivalent amount of other coin, currency or credit, to deliver, earmark or hold in trust gold coin or bullion to or for persons showing the need for same for any of the purposes specified in paragraphs (a), (c), and (d) of Section 2 of these regulations.
Section 9. Whoever willfully violates any provision of this Executive Order or these regulation or of any rule, regulation or license issued there under may be fined not more than $10,000, or,if a natural person may be imprisoned for not more than ten years or both; and any officer, director, or agent of any corporation who knowingly participates in any such violation may be punished by a like fine, imprisonment, or both.
This order and these regulations may be modified or revoked at any time.
/s/
Franklin D. Roosevelt
President of the United States of America
April 5, 1933
A brief history of banknotes
The first recorded use of paper money was in the 7th century in China.
However, the practice did not become widespread in Europe for nearly a thousand years.
In the 16th century the goldsmith-bankers began to accept deposits, make loans and transfer funds.
They also gave receipts for cash, that is to say gold coins, deposited with them. These receipts, known as “running cash notes”, were made out in the name of the depositor and promised to pay him on demand.
Many also carried the words “or bearer” after the name of the depositor, which allowed them to circulate in a limited way.
In 1694 the Bank of England was established in order to raise money for King William III’s war against France.
Almost immediately the Bank started to issue notes in return for deposits.
Like the goldsmiths’ notes, the crucial feature that made Bank of England notes a means of exchange
was the promise to pay the bearer the sum of the note on demand.
This meant that the note could be redeemed at the Bank for gold or coinage by anyone presenting it for payment;
if it was not redeemed in full, it was endorsed with the amount withdrawn.
These notes were initially handwritten on Bank paper and signed by one of the Bank’s cashiers.
They were made out for the precise sum deposited in pounds, shillings and pence.
However, after the recoinage of 1696 reduced the need for small denomination notes, it was decided not to issue any notes for sums of less than £50.
Since the average income in this period was less than £20 a year, most people went through life without ever coming into contact with banknotes.
During the 18th century there was a gradual move toward fixed denomination notes.
From 1725 the Bank was issuing partly printed notes for completion in manuscript. The £ sign and the first digit were printed but other numerals were added by hand,
as were the name of the payee, the cashier’s signature, the date and the number.
Notes could be for uneven amounts, but the majority were for round sums. By 1745 notes were being part printed in denominations ranging from £20 to £1,000.
In 1759, gold shortages caused by the Seven Years War forced the Bank to issue a £10 note for the first time.
The first £5 notes followed in 1793 at the start of the war against Revolutionary France. This remained the lowest denomination until 1797, when a series of runs on the Bank, caused by the uncertainty of the war, drained its bullion reserve to the point where it was forced to stop paying out gold for its notes.
(In other words, it had printed and released notes to the public with a promise to pay, for which the gold did not exist (fake notes)
Instead, it issued £1 and £2 notes. The Restriction Period, as it was known, lasted until 1821 after which gold sovereigns took the place of the £1 and £2 notes.
The Restriction Period prompted the Irish playwright and MP, Richard Brinsley Sheridan, to refer angrily to the Bank as “… an elderly lady in the City”.
This was quickly changed by cartoonist, James Gillray, to the Old Lady of Threadneedle Street, a name that has stuck ever since.
The first fully printed notes appeared in 1855 relieving the cashiers of the task of filling in the name of the payee and signing each note individually.
The practice of writing the name of the Chief Cashier as the payee on notes was halted in favour of the anonymous
“I promise to pay the bearer on demand the sum of …”, which has remained unchanged on notes to this day.
The printed signature on the note continued to be that of one of three cashiers until 1870, since when it has always been that of the Chief Cashier.
The First World War saw the link with gold broken once again; the Government needed to preserve its stock of bullion and the Bank ceased to pay out gold for its notes. In 1914 the Treasury printed and issued 10 shilling and £1 notes, a task which the Bank took over in 1928.
The gold standard was partially restored in 1925 and the Bank was again obliged to exchange its notes for gold, but only in multiples of 400 ounces or more.
Britain finally left the gold standard in 1931 and the note issue became entirely fiduciary, that is wholly backed by securities instead of gold.
The Bank has not always been the sole issuer of bank notes in England and Wales. Acts of 1708 and 1709 had given it a partial monopoly
by making it unlawful for companies or partnerships of more than six people to set up banks and issue notes.
The ban did not extend to the many provincial bankers – the so-called country bankers – who were all either individuals or small family concerns.
However, the Country Bankers’ Act of 1826 allowed the establishment of note issuing joint-stock banks with more than six partners, but not within 65 miles of London. The Act also allowed the Bank of England to open branches in major provincial cities, which gave it more outlets for its notes.
In 1833 the Bank’s notes were made legal tender for all sums above £5 in England and Wales so that, in the event of a crisis,
the public would still be willing to accept the Bank’s notes
and its bullion reserves would be safeguarded.
It was the 1844 Bank Charter Act which was the key to the Bank achieving its gradual monopoly of the note issue in England and Wales.
Under the Act no new banks of issue could be established and existing note issuing banks were barred from expanding their issue.
Those, whose issues lapsed, because, for example, they merged with a non-issuing bank, forfeited their right of issue.
The last private bank notes in England and Wales were issued by the Somerset bank, Fox, Fowler and Co in 1921.
That's like me saying - give me one billion dollars worth of gold bullion
and i'll write you an iou note - you can redeem it whenever you want.

Then I lobby my favourite polticians to make it legal tender,
Hide the gold, or lend it out to countries on both sides who would like to fight each other ON INTEREST,
(The weapons companies demand hard cash - Gold,
or I keep the gold and give them paper cash - legal tender - and directly oversee the transaction)
otherwise there would be no need to take people's gold
and when you come back for your gold
- I give you two iou notes for half a billion on each.
YOU CAN HAVE 1/4 ON FOUR PIECES OF PAPER IF YOU WANT.
(I promised to the the bearer the sum of 1bn)
You say: "That was gold"
you go to my favourite judge - or any judge you like for that matter!
the judge says: if he offered legal tender - consider the debt honoured. DISMISSED!
"democracy" prevails -with a bit of prodding and manipulation of course, and a few extra police with battons.
the constitution stays preserved very well between two sheets of glass.
and i walk off with $1bn of gold bullion
you try shifting it off to some poor soul who gives you a bit of gold.
I devalue his 4 notes through inflation (study 0 reserve ratio in the movie below)
create a bust - which you pay for (and bail my cronies out) - as inflation spirals out of control.
he shifts it off to some other poor fellow for even less gold
and it goes on....
It must not be felt that these heads of the world's chief central banks were themselves substantive powers in world finance. They were not.
Rather, they were the technicians and agents of the dominant investment bankers of their own countries, who had raised them up and were perfectly capable of throwing them down. The substantive financial powers of the world were in the hands of these investments bankers (also called 'international' or 'merchant' bankers)
who remained largely behind the scenes in their own unincorporated private banks.
These formed a system of international cooperation and national dominance which was more private, more powerful, and more secret than that of their agents in the central banks. Professor Carroll Quigley, Tragedy and Hope: A History of the World in Our Time (1966), pp. 326-327
I am one of those who do not believe the national debt is a national blessing...
it is calculated to raise around the administration a moneyed aristocracy dangerous to the liberties of the country.
Andrew Jackson, Letter to L. H. Coleman of Warrenton, N.C., 29 April 1824
The world is governed by very different personages from what is imagined by those who are not behind the scenes.
Benjamin Disraeli, Prime Minister of the United Kingdom, in his novel Coningsby, or the New Generation (1844), Chapter XV
Permit me to issue and control the money of a nation, and I care not who makes its laws! Attributed to Mayer Amschel Rothschild (1744 - 1812).
No primary source for this is known and the earliest attribution to him known is 1935 (Money Creators, Gertrude M. Coogan).
Before that, "Let us control the money of a nation, and we care not who makes its laws" was said to be a maxim of the house of Rothschilds.
This is a play on an English proverb, Let me make the songs of a nation, and I care not who makes its laws.
Protocol 3
All people are chained down to heavy toil by poverty more firmly than ever.
They were chained by slavery and serfdom; from these, one way and another, they might free themselves.
These could be settled with, but from want they will never get away.
We have included in the constitution such rights as to the masses appear fictitious and not actual rights.
All these so-called "Peoples Rights" can exist only in idea, an idea which can never be realized in practical life.
What is it to the proletariat laborer, bowed double over his heavy toil, crushed by his lot in life,
if talkers get the right to babble, if journalists get the right to scribble any nonsense side by side with good stuff,
once the proletariat has no other profit out of the constitution
save only those pitiful crumbs which we fling them from our table in return for their voting in favor of what we dictate,
in favor of the men we place in power, the servants of our AGENTUR ...
Republican rights for a poor man are no more than a bitter piece of irony,
for the necessity he is under of toiling almost all day gives him no present use of them,
but the other hand robs him of all guarantee of regular and certain earnings by making him dependent on strikes by his comrades or lockouts by his masters.
.........THIS HATRED WILL BE STILL FURTHER MAGNIFIED BY THE EFFECTS of an ECONOMIC CRISES,
which will stop dealing on the exchanges and bring industry to a standstill.
We shall create by all the secret subterranean methods open to us and with the aid of gold, which is all in our hands,
A UNIVERSAL ECONOMIC CRISES WHEREBY WE SHALL THROW UPON THE STREETS WHOLE MOBS OF WORKERS SIMULTANEOUSLY IN ALL THE COUNTRIES OF EUROPE.
These mobs will rush delightedly to shed the blood of those whom, in the simplicity of their ignorance, they have envied from their cradles, and whose property they will then be able to loot.
12. "OURS" THEY WILL NOT TOUCH, BECAUSE THE MOMENT OF ATTACK WILL BE KNOWN TO US AND WE SHALL TAKE MEASURES TO PROTECT OUR OWN.
13. We have demonstrated that progress will bring all the GOYIM to the sovereignty of reason.
Our despotism will be precisely that; for it will know how, by wise severities, to pacificate all unrest, to cauterize liberalism out of all institutions.
The people must be helped to think naturally about money.
They must be told what it is, and what makes it money, and what are the possible tricks of the present system which put nations and peoples under control of the few. Henry Ford, My Life and Work, Doubleday, Page & Company, 1922, p. 179
The drive of the Rockefellers and their allies is to create a one-world government
combining supercapitalism and Communism under the same tent, all under their control... Do I mean conspiracy? Yes, I do.
I am convinced there is such a plot, international in scope, generations old in planning, and incredibly evil in intent. Congressman Larry MacDonald, killed in the Korean Airlines 747 that was shot down by the Soviets.
Introduction to The Rockefeller File (1976) by Gary Allen
PROTOCOL No. 6
...To complete the ruin of the industry of the GOYIM we shall bring to the assistance of speculation the luxury which we have developed among the GOYIM,
that greedy demand for luxury which is swallowing up everything.
WE SHALL RAISE THE RATE OF WAGES WHICH, HOWEVER, WILL NOT BRING ANY ADVANTAGE TO THE WORKERS,
FOR, AT THE SAME TIME, WE SHALL PRODUCE A RISE IN PRICES OF THE FIRST NECESSARIES OF LIFE,
ALLEGING THAT IT ARISES FROM THE DECLINE OF AGRICULTURE AND CATTLE-BREEDING:
WE SHALL FURTHER UNDERMINE ARTFULLY AND DEEPLY SOURCES OF PRODUCTION,
BY ACCUSTOMING THE WORKERS TO ANARCHY AND TO DRUNKENNESS
AND SIDE BY SIDE THEREWITH TAKING ALL MEASURE TO EXTIRPATE FROM THE FACE OF THE EARTH ALL THE EDUCATED FORCES OF THE "GOYIM."
IN ORDER THAT THE TRUE MEANING OF THINGS MAY NOT STRIKE THE "GOYIM" BEFORE THE PROPER TIME
WE SHALL MASK IT UNDER AN ALLEGED ARDENT DESIRE TO SERVE THE WORKING CLASSES
AND THE GREAT PRINCIPLES OF POLITICAL ECONOMY ABOUT WHICH OUR ECONOMIC THEORIES ARE CARRYING ON AN ENERGETIC PROPAGANDA
PROTOCOL No. 7
1. The intensification of armaments, the increase of police forces - are all essential for the completion of the aforementioned plans. What we have to get at is that there should be in all the States of the world, besides ourselves, only the masses of the proletariat, a few millionaires devoted to our interests, police and soldiers.

until....

Protocol 20
36. How clear is the undeveloped power of thought of the purely brute brains of the GOYIM,
as expressed in the fact that they have been borrowing from us with payment of interest
without ever thinking that all the same these very moneys plus an addition for payment of interest
must be got by them from their own State pockets in order to settle up with us.
What could have been simpler than to take the money they wanted from their own people?
37. But it is a proof of the genius of our chosen mind that we have contrived
to present the matter of loans to them in such a light
that they have even seen in them an advantage for themselves.
[4:161] And for practicing usury, though they were forbidden, and for consuming the people's property through falsehood.
We have prepared for the disbelievers among them painful chastisement.
The present Federal Reserve System is a flagrant case of the Government’s conferring a special privilege upon bankers.
The Government hands to the banks its credit, at virtually no cost to the banks, to be loaned out by the bankers for their own private profit.
Still worse, however, is the fact that it gives the bankers practically complete control of the amount of money that shall be in circulation.
Not one dollar of these Federal Reserve notes gets into circulation without being borrowed into circulation
and without someone paying interest to some bank to keep it circulating.
Our present money system is a debt money system. Before a dollar can circulate, a debt must be created.
Such a system assumes that you can borrow yourself out of debt. Willis A. Overholser, A short review and analysis of the history of money in the United States, with an introduction to the current money problem (1936), p. 56
Those who consume usury do not stand
except as stands one who has been struck by the touch of Satan.
This is because they claim that usury is
the same as commerce.
However, GOD permits commerce,
and prohibits usury.
Thus, whoever heeds the commandment from his Lord, and refrains from usury, he may keep his past earnings, and his judgment rests with GOD.
As for those who persist in usury,
they are companions of Hell,
wherein they abide forever.
[2:275] [2:276-280] GOD condemns usury, and blesses charities.
GOD dislikes every disbeliever, guilty.
O you who believe,
you shall observe GOD and refrain from all kinds of usury, if you are believers.
If you do not,
then expect war from GOD and His messenger.
But if you repent, you may keep your capitals,
without inflicting injustice, or incurring injustice.
If the debtor is unable to pay, wait for a better time.
If you give up the loan as a charity,
it would be better for you, if you only knew. [3:130] O you who believe, you shall not take usury,
compounded over and over.
Observe GOD, that you may succeed.
[30:39] That which you lay out in usury to increase from people's wealth,
does not gain anything at GOD. But that which you give in charity,
seeking GOD's pleasure,
these are the ones who receive their reward manifold.
[7:157] "Those who follow the messenger, the unlettered Prophet,
whom they find written in their Torah and Gospel.
He commands them to be righteous, turns them from evil, allows for them all that is good, and prohibits them from the vile,
and unloads the burdens and the shackles imposed upon them.
Those who believe in him, respect him, support him,
and follow the light that came down with him.
It is these who are the successful."
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Zimbabwe introduces $100,000 note | |
Hyperinflation currently stands at more than 1000% |
Zimbabwe is introducing a bank note worth 100,000 Zimbabwe dollars, to help consumers as inflation exceeds 1,000%. The note will be worth about $1 at the official exchange rate, but only $0.30 on the informal market. The 50,000 Zimbabwe dollar bill, introduced only four months ago, is not enough to buy a loaf of bread. The government on Tuesday used its mineral exports to gain access to a $50m loan from a European bank, to pay for essential fuel and drugs. "It is not the first and last time to see us introducing bearer cheques and we will not hesitate to introduce higher denominations," Reserve Bank governor Gideon Gono said, according to the state-run Herald newspaper. The bills are known as bearer cheques since they are promissory notes rather than official legal tender, but are used in Zimbabwe in the same way as money. Bundles of money The issuing of bearer cheques began with a note worth 10,000 Zimbabwe dollars, to reduce the need to carry large bundles of paper money. The government has announced a National Economic Development Priority Programme (NEDPP) in order to deal with the economic problems. Zimbabwe is suffering from shortages of food, fuel and foreign currency. In April, inflation passed 1,000% per annum for the first time. President Robert Mugabe blames domestic and foreign enemies for the problems, while his critics point to the collapse of agricultural exports following a controversial land reform programme. The country is struggling to pay civil servants and is thought to owe money to neighbours such as South Africa and Mozambique from whom it has been importing electricity and fuel. |
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Zimbabwe bank issues $10million bill -
but it won't even buy you a hamburger in Harare
Last updated at 12:47 19 January 2008
· Comments (0)
Forget the glitzy restaurants of New York and London: only in Zimbabwe would a hamburger actually cost millions of dollars.
The central bank of the southern African country has a issued a 10million Zimbabwe dollar note. The move increases the denomination of the nation's highest bank note more than tenfold.
Even so, a hamburger in an ordinary cafe in Zimbabwe costs 15 million Zimbabwe dollars.
Scroll down for more...
A new high: The ten million dollar note introduced by the Reserve Bank of Zimbabwe
The hope is that such a move will help end chronic cash shortages and disperse long, chaotic lines at banks and automated teller machines.
Reserve Bank Governor Gideon Gono said in a statement the 10 million Zimbabwe dollars notes will be issued along with 1 million and 5 million Zimbabwe dollars bills.
Previously, the highest existing note, introduced last month, was for 750,000 Zimbabwe dollars.
The new 10 million note is the equivalent of about £2 at the dominant black market exchange rate. A hamburger at an ordinary cafe costs about 15 million Zimbabwe dollars (£3).
That hamburger has trebled in price this month amid shortages of bread, meat and most basic goods.
This is how many Zimbabwe dollars were needed to buy a loaf of bread
Zimbabwe faces the world's highest official inflation of an estimated 25,000 per cent. Independent financial institutions say real inflation is closer to 150,000 per cent.
Acknowledging the inflation crisis, Gono said individuals would be allowed to withdraw an increased limit of 500 million Zimbabwe dollars (£100) in a single daily withdrawal, up from 50 million (£10).
He said special arrangements were being made to pay soldiers, police and other uniformed services "because it is not desirable to see them queuing for cash".
Gono said with higher denomination bills businesses might be tempted to again raise prices of scarce goods.
"If this happens the whole objective of solving the cash shortages and to bring convenience to the people will be defeated," he said.
In August 2006, the central bank slashed three zeros from the nation's old currency.
BBC News
Page last updated at 12:15 GMT, Friday, 16 January 2009 | |
Zimbabwe rolls out Z$100tr note |
A 50bn Zimbabwean dollar note was issued on Tuesday |
Zimbabwe is introducing a Z$100 trillion note, currently worth about US$30 (£20), state media reports.
Other notes in trillion-dollar denominations of 10, 20 and 50 are also being released to help Zimbabweans cope with hyperinflation. However, the dollarisation of the economy means that few products are available in the local currency. On Thursday, the opposition leader said he was still committed to power-sharing intended to rescue the failing economy. Since September, when the deal was signed, talks have stalled over who should control key ministries. Movement for Democratic Change (MDC) leader Morgan Tsvangirai said he was due to hold talks with President Robert Mugabe "within this coming week" to try to resolve the political crisis.
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The experience was frightening. I would not wish it upon anyone
Jestina Mukoko on her abduction Zimbabwe Peace Project director |
He described Mr Mugabe as "part of the problem but also part of the solution". The latest annual figure for inflation, estimated in July last year, was 231m% - the world's highest. "In a move meant to ensure that the public has access to their money from banks, the Reserve Bank of Zimbabwe has introduced a new family of banknotes which will gradually come into circulation, starting with the Z$10 trillion," Zimbabwe's state-run Herald newspaper quotes a bank statement as saying. But previous issues of new banknotes - and the dropping of several zeros from the currency - have done little to help Zimbabweans cope with inflation. On Tuesday, a 50bn Zimbabwean dollar note was issued, less than a month after a Z$500m bill was released. Correspondents say prices can double every day, and food and fuel - for those without US dollars - are in short supply. Last month, the daily bank cash withdrawal limit - which at one stage was only enough for several loaves of bread - was abandoned. However, most banks do not have enough cash to meet demand. Some shops are licensed to sells goods in foreign currency but everyone from vegetable sellers to mobile phone service providers peg their prices to the US dollar. Most groceries are brought in by Zimbabweans from neighbouring South Africa, Botswana or Zambia, further driving up prices. There is more than 80% unemployment in the country and those with jobs find their salary is worthless unless they are paid in foreign currency. Tears Mr Tsvangirai is expected to return to Zimbabwe on Saturday after two months abroad. At a press conference in Johannesburg, Mr Tsvangirai again appealed for prominent human rights activist Jestina Mukoko, who appeared in court on Thursday, and other such detainees, to be released.
Robert Mugabe has resisted growing calls for his resignation |
"Those abducted and illegally detained must be released unconditionally if this agreement is to be consummated," Reuters news agency quotes Mr Tsvangirai as saying. Ms Mukoko - director of the Zimbabwe Peace Project - denies charges of organising military training to topple President Mugabe. She broke down in tears in court as she spoke about her ordeal when she was abducted from her home by armed security agents at the beginning of December. She described how she was beaten on her feet during questioning. "The experience was frightening. I would not wish it upon anyone," she said. Under September's power-sharing agreement, Mr Tsvangirai is to become prime minister while Mr Mugabe remains as president. But the deal faltered after the MDC accused Zanu-PF of keeping the most powerful ministries - including the one that controls the police - to itself. As the political wrangling continued, Zimbabwe has been hit by a cholera epidemic that has claimed more than 2,000 lives, made worse by the collapse of the water, health and sanitation systems Mr Tsvangirai, and Western nations, accuse Mr Mugabe of not being sincere about power-sharing. Mr Mugabe insists he welcomes the power-sharing deal, and has resisted growing international pressure to resign. |
- Excerpts from Rep. Louis T. McFadden's speech on the floor of the House of Representatives, June 10, 1932:
Mr. Chairman, we have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal reserve banks. The Federal Reserve Board, a Government board, has cheated the Government of the United States and the people of the United States out of enough money to pay the national debt. The depredations and the iniquities of the Federal Reserve Board and the Federal Reserve banks acting together have cost this country enough money to pay the national debt several times over. ...
Some people think the Federal reserve banks are United States Government institutions. They are not Government institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign customers, foreign and domestic speculators and swindlers, and rich and predatory money lenders. ...
Those 12 private credit monopolies were deceitfully and disloyally foisted upon this country by bankers who came here from Europe and who repaid us for our hospitality by undermining our American institutions. Those bankers took money out of this country to finance Japan in a war against Russia. They created a reign of terror in Russia with our money in order to help that war along. They instigated the separate peace between Germany and Russia and thus drove a wedge between the Allies in the World War. ...
Every effort has been made by the Federal Reserve Board to conceal its power but the truth is the Federal Reserve Board has usurped the Government of the United States. ...
Mr. Chairman, when the Federal reserve act was passed the people of the United States did not perceive that a world system was being set up here which would make the savings of an American school-teacher available to a narcotic-drug vendor in Macao. They did not perceive that the United States was to be lowered to the position of a coolie country which has nothing but raw materials and heavy goods for export. That Russia was destined to supply man power and that this country was to supply financial power to an international superstate--a superstate controlled by International bankers and international industrialists acting together to enslave the world for their own pleasure.
Congressional Record, 72nd Congress, 1st session, June 10, 1932; Vol. 72, pp. 12595-12603.
McFadden served as Chairman of the United States House Committee on Banking and Currency 1920 to 1931.
Cleansing of the Temple
From Wikipedia, the free encyclopedia
I don't know why it blued out some of the references,
just highlight the parts to view
The narrative of Jesus and the Money Changers, commonly referred to as the Cleansing of the Temple, occurs in all four Gospels in the New Testament. It occurs near the end of the Synoptic Gospels(at Mark 11:15–19, 11:27–33, Matthew 21:12–17, 21:23–27 and Luke 19:45–48, 20:1–8) and near the start in the Gospel of John (at John 2:13–16). As a result some biblical scholars think there may have been two such incidents.
[edit]Description
In this episode, Jesus is stated to have visited the Temple in Jerusalem, Herod's Temple, at which the courtyard is described as being filled with livestock and the tables of the money changers, who changed the standard Greek and Roman money for Jewish and Tyrian money, which were the only coinage that could be used in Temple ceremonies. Creating a whip from some cords, "he drove them all out of the temple, with the sheep and the oxen, and poured out the changers' money and overturned the tables. But he said to those who sold doves, "Get these out of here! Do not make My Father's house a house of merchandise!"[Jn 2:13-16]
And Jesus went into the temple of God, and cast out all them that sold and bought in the temple, and overthrew the tables of the moneychangers, and the seats of them that sold doves, And said unto them, It is written, My house shall be called the house of prayer; but ye have made it a den of thieves.
– Matthew 21:12-13
In John, this is the first of the three times that Jesus goes to Jerusalem for the Passover, and John says that during the Passover Feast there were (unspecified) miraculous signs performed by Jesus, which caused people to believe in his name, but that he would not entrust himself to them, for he knew all men. Some scholars have argued that John may have included this latter statement, about knowing all men, in order to portray Jesus as possessing a knowledge of people's hearts and minds (Brown et al. 955), and hence have attributes that would be expected of God.
This event satisfies the criterion of multiple attestation, and scholars of the historical Jesus generally credit this event as genuine and associate it with Jesus' arrest and crucifixion and as one of the first events separating Christianity from Judaism. It is believed the money changers and merchants were located south and south-west of the Temple Mount, an area excavated by archaeologist Prof. Benjamin Mazar shortly after the reunification of Jerusalem in 1967.
Jerusalem historian Dan Mazar reported in a series of articles in the Jerusalem Christian Review on the archaeological discoveries made at this location by his grandfather, Prof. Mazar, which included the finding of a first century vessel with the Hebrew word "Korban", meaning sacrifice(s), and it is believed that in this vessel the merchants stored the sacrifices sold at the Temple Court. Other discoveries at this location included the first century stairs of ascent, where Jesus and his disciples preached , as well as the mikvaot (ritual baths) used by Jewish pilgrims.
[edit]Narrative details
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(October 2009) [edit]Jesus' criticism
According to the synoptics, Jesus targeted specifically the money changers and the dove sellers, explaining his actions by quoting from the Book of Isaiah and the Book of Jeremiah:
- My house will be called a house of prayer for all nations.—Isaiah 56:7
and
- But you have made it a den of thieves—Jeremiah 7:11
The quote from Isaiah comes from a section which instructs that all who obey God's will, whether Jewish or not, are to be allowed into the Temple so that they can pray, and therefore converse with God. The loud market-like atmosphere of money changers and livestock often seems to modern readers to be at odds with the Temple being a place of quiet prayer. However, this interpretation may reflect anachronistic perceptions of ancient worship—which often involved the sacrificial slaughter of animals—and the manner in which understandings of pre-Christian ritualistic practices intersect with modern notions of contemplative worship. Further, from a Judaic cultural perspective, Jews would have certainly utilized money changers, yet the currency exchange would have been primarily accessed by non-Hebrew travelers changing foreign coins.
The area in question was almost certainly the Court of the Gentiles, a location in the massive Temple complex setup specifically for the purpose of purchasing sacrificial animals and—out of necessity—a place where Jewish pilgrims could exchange their foreign coinage for the appropriate local currency.
The reference to den of thieves may be a reference to inflated pricing or more sinister forms of using a religious cult to exploit the poor. Or, simply to exaggerate the dishonesty of the traders. In Mark 12:40 and Luke 20:47Jesus again accuses the Temple authorities of thieving and this time names poor widows as their victims going on to provide evidence of this in Mark 12:42 and Luke 21:2. Dove sellers were selling doves that were sacrificed by the poor who could not afford grander sacrifices and specifically by women. According to Mark 11:16, Jesus then put an embargo on people carrying any merchandise through the temple—a sanction that would have disrupted all commerce.
The synoptics then state that those in the crowd were in awe of Jesus, which concerned "the chief priests and the teachers of the law." Luke and Mark say these Temple leaders were so concerned that they began to plot against Jesus' life, to which Luke adds that the crowd were so in awe with Jesus that no-one could be found to assassinate him.
Matthew says the Temple leaders questioned Jesus if he was aware the children were shouting Hosanna to the Son of David, and Jesus responded by accepting the worship of the children as valid by quoting ...from the lips of children and infants you have ordained praise from the Book of Psalms (Psalm 8:2).
The Gospel of John presents a quite different exchange. Jesus is described as angrily criticising the occupants of the temple for turning it into a market. At some point (either after or during the incident) the disciples are described as remembering the quotation zeal for your house consumes me (Psalms 69:9). The word in Greek is ζηλος/zelos[1] from which Zealots is derived.
[edit]Jesus' authority
The synoptics and John state that Jesus left the temple after the incident with the money changers, but returned to the Temple courts a day later (though Luke is unspecific how many days had passed), and begins teaching.
The priests, teachers, elders, Pharisees and Herodians are described as coming up to Jesus, and questioning his authority to do the things that he is doing; John makes it clear that they are referring to his actions in scattering the livestock and overturning the tables of the moneychangers, but the synoptics imply that it is in reference to his teaching. The synoptics recount that Jesus called into question their own authority or allegiances.
First he asks his opponents to say whether John the Baptist's authority to baptise was divine or human. They do not believe John had divine authority, and so wanting to answer that he was just baptizing as a man—but this would run into conflict with the crowd, who believe in John's divine authority. Since the Temple authorities care so much about what the crowd thinks, this leaves them unable to answer truthfully, and so they are forced to claim that they don't know, exposing their divided loyalties and making them look incompetent. Jesus responds that in consequence he won't tell them what his authority is.
A second time when asked about Roman taxes, Jesus doesn't produce a Roman coin but asks his opponents to. American Standard Version: "Shall we give, or shall we not give? But he, knowing their hypocrisy, said unto them, Why make ye trial of me? bring me a denarius, that I may see it."[Mk. 12:15]They are able to produce one with an image of Caesar. He responds that those who are (or that which is) Caesar's should be given to Caesar and those who are (or that which is) God's should be given to God. See also Render unto Caesar....
The Gospel of John, which throughout presents John the Baptist as having no independent following, instead gives a quite different challenge and resolution of Jesus' authority. John recounts that Jesus was asked to perform a miraculous sign, but Jesus replies destroy this temple, and I shall raise it again in three days. The Gospel of John explains that Jesus had meant his body, and that this is what his disciples came to believe after his resurrection.
To most scholars this shows a clear split between Judaism and the community surrounding the Gospel of John, as the suggestion that the people should destroy the temple would have been highly offensive to the Jewish people. It is also notable that John refers to the people as the Jews, distancing both the intended audience of his Gospel, and Jesus, from any Jewish roots.
[edit]Interpretations
The differences between John and the synoptics, particularly the fact that the synoptics have the incident at the opposite end of the narrative, have led some Christian apologists to insist that Jesus must have fought with the money changers twice, once near the beginning and once near the end of his ministry.[2] More critical scholars are inclined to instead suggest that there was only the one episode, but that John relocated the story, perhaps to imply that Jesus' arrest was for the raising of Lazarus (John 11), not the incident in the Temple (Brown et al. 954).
Scholars of the historical-critical method see this event as satisfying the criteron of multiple attestation. Unlike certain other events in the Gospels, this event appears in all of them. The event is also consistent with Jesus being arrested and crucified by Pilate, another part of the Gospel narrative generally considered to be historical.
The Temple incident, however, doesn't satisfy the criterion of dissimilarity. That is, Early Christians may have had a motive to invent this scene. Paula Fredriksen, a scholar of the historical Jesus, argues on this basis that it never happened.[3]
Scholars give a variety of dates for the writing of the Gospels but there is consensus that they were written around the time of the Destruction of the Temple, with possibly Mark the earliest being written before the Temple's destruction and the others following it. In Mark, the historical context could inform discourse about whether Jesus' disciples were to defend the Temple as the center of Jewish religious life, or abandon it while maintaining their faith in God.
- When you see the desolating sacrilege set up where it ought not to be (let the reader understand), then those in Judea must flee to the mountains.v—Mark 13:14
By the time most scholars think that John was written (c. 95–110 AD), defending the temple was a moot point because it was long gone, and so John can be understood to have been deliberately trying to portray Early Christianity itself as a replacement—a new Temple, see also New Covenant, New Commandment, New Jerusalem, and Supersessionism. The pre-Temple-destruction community of Essenes, associated with the Dead Sea scrolls, also speaks of the community itself as a temple, and the concept was evidently one that had been circulating (Brown et al. 954).
A model of
Herod's Temple adjacent to the Shrine of the Book exhibit at the Israel Museum, Jerusalem.
According to a Jewish Encyclopedia article,[4]
- This would appear to have been on the first day of the week and on the 10th of Nisan, when, according to the Law, it was necessary that the paschal lamb should be purchased. It is therefore probable that the entry into Jerusalem was for this purpose. In making the purchase of the lamb a dispute appears to have arisen between Jesus' followers and the money-changers who arranged for such purchases; and the latter were, at any rate for that day, driven from the Temple precincts. It would appear from Talmudic references that this action had no lasting effect, if any, for Simon ben Garfunkel found much the same state of affairs much later (Ker. i. 7) and effected some reforms.[5] The act drew public attention to Jesus, who during the next few days was asked to define his position toward the conflicting parties in Jerusalem. It seemed especially to attack the emoluments of the priestly class, which accordingly asked him to declare by what authority he had interfered with the sacrosanct arrangements of the Temple. In a somewhat enigmatic reply he placed his own claims on a level with those of John the Baptist—in other words, he based them on popular support.
Ched Myers makes the claim that Jesus may have been calling for an end to the entire cultic system—symbolised by his overturning of the stations used by lepers[Mk. 1:44]) and women.[5:25–34] They represented the concrete mechanisms of oppression within a political economy that doubly exploited the poor and unclean. Not only were they considered second class citizens, but the cult obliged them to make reparation, through sacrifices, for their inferior status—from which the marketers profited. Jesus utterly repudiates the temple state, which is to say the entire socio-symbolic order ofSecond Temple Judaism. His objections have been consistently based upon one criterion: the system's exploitation of the poor. The "mountain" must be "moved," not restored.[6]