User:Umeboshi/Lost and found/Federal Reserve System conspiracy theories section
Conspiracy theories[edit]
In his book, The Creature from Jekyll Island: A Second Look at the Federal Reserve, author G. Edward Griffin argues that "the Federal Reserve Bank" was organized in secret at Jekyll Island, Georgia in November, 1910 by a group of financiers brought together by Sen. Nelson Aldrich of Rhode Island, who was the chairman of the National Monetary Commission. Aldrich was also the father-in-law of John D. Rockefeller, Jr.. Joining him was:
- A. Piat Andrew, Assistant Secretary of the Treasury
- Henry P. Davison, Sr. of the JP Morgan, Co.
- Charles D. Norton of the 1st National Bank of New York
- Benjamin Strong of the JP Morgan's Bankers Trust (he was later named governor of the Federal Reserve Bank of New York)
- Frank A. Vanderlip of the National City Bank of New York, representing William Rockefeller
- Paul M. Warburg of Kuhn, Loeb & Co., representing his family and the Rothschild family
Masters of the Universe: The Secret Birth of the Federal Reserve is a 1999 documentary featuring authors Michael Collins Piper, William Gill, and Eustace Mullins, all of whom contend that "The Fed" is a privately-owned company that illegally usurped the currency minting power of the federal government and sells currency to the government at exhorbitant interest rates. This, claims Mullins, is the source of America's multi-trillion dollar national debt.
It is also alleged that the Federal Reserve influenced the outcome of the 1912 presidential election.
According to Eustace Mullins, the conspirators agreed to meet at the remote Jekyll Island and departed via train from Hoboken, New Jersey, leaving confused reporters to wonder about what was happening. However, very little was written about it. Mullins claims he knew poet Ezra Pound, and that Pound wanted to know why some friends of his died during World War I. He implied that the Federal Reserve might have played some role in it. Mullins says he pored through the economics section of the Library of Congress and eventually came across a magazine article confirming that these bankers had departed Hoboken, New Jersey for Jekyll Island, Georgia.
Eustace Mullins alleges that former president Theodore Roosevelt was convinced, presumably by agents working on behalf of the Jekyll Island conspirators, to come out of retirement and form the progressive Bull Moose Party to challenge the popular Republican incumbent, William Howard Taft, with the goal of splitting the GOP vote. According to Mullins, the conspirators knew that neither Roosevelt nor Taft would never agree to such radical legislation, and so chose a candidate who would: Woodrow Wilson, who ran on the Democratic Party ticket.
Subsequently, Wilson, despite being far less known nationally than either of his opponents, won the presidency. On December 29, 1913, he signed the Federal Reserve Act into law.
The documentary goes on to claim that, near the end of his life, Woodrow Wilson stated that he had been deceived and lamented that he had betrayed his country.
America: Freedom to Fascism is a 2006 motion picture of a similar nature. It was produced and directed by Aaron Russo, who contends that the Federal Reserve enslaves Americans.