The Modern Tyranny Movement

SMIAC Strategic Report
03/26/09

 

The Tyranny Movement began in earnest at the turn of the last century in 1913. The “Money Trust” as found to exist in a report by the United States House of Representatives Subcommittee on Banking and Currency, entitled “Investigation of Financial and Monetary Conditions in the United States managed to drive the fi nal nails into the coffi n of the American Constitutional Republic. The victory was secured with the passage of the FEDERAL RESERVE Act in December of 1913, which created the 3rd Central Bank of the United States.

The primary motivator was a desire by the “Money Trust” to regain its lost monopoly over the nation’s monetary policy and larger influence over the government as a whole while fostering an endless cycle of credit, ergo debt. The private control over the nation’s monetary policy had slipped from their grasp after Nicolas Biddle threatened to cause an economic depression by contracting the money supply if Congress did not renew the 2nd central bank’s charter. Mr. Biddle’s arrogant threat finally turned the tide in favor of President Andrew Jackson who promised during his campaign for reelection to end the reign of the 2nd central bank and return control of the nation’s money back to the Department of Treasury.

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