Freedom To Fascism - Introduction

Analysis

Freedom to Fascism

… powerful banking interests …. convince(d) Secretary of State Philander Knox to lie to the American people and tell them that the income tax amendment, the income tax amendment, had been legally ratified by the states when it was not.

False Knox did not lie. Knox proclaimed the amendment ratified on 2/25/1913. By that time, 40 states had ratified the amendment, 4 more than required. Two more ratified afer that date. [1] (contrary to the dubious claim that many of the ratifications did not count because of things like mispellings)

Freedom To Fascism

The bankers knew that this tax would ultimately end up in their pockets.

False The income tax is paid to the Treasury. (contrary to the claim by some the income tax is paid to a private bank)

Freedom To Fascism

… it was even cited in a recent court case. "If you…examined [the 16th Amendment] carefully, you would find that a sufficient number of states never ratified that amendment. U.S. District Court Judge James C. Fox 2003"

Misleading The comment by James C Fox was not a ruling on the merits of the 16th amendment. It was an anecdotal side comment with no careful examination. [2]

Freedom To Fascism

That very same year the bankers committed their second, and by far most diabolitcal fraud ever perpertrated on the american people by bribing senators to pass the Federal Reserve act without the required constitutional amendment.

Misleading A constitutional amendment was not necessary as it does not violate the constitution.

"Bribing senators"? Quite the claim but there is no record this occurred (though there was a lot of negotiation for votes)

Freedom To Fascism

They did this during Christmas vacation when many senators were home celebrating the holidays with their families and that is how the unconstitutional Federal Reserve Act came into being.

Misleading This part implies that the bill was snuck by congress when there was not a majority present.

In reality, the bill had been debated for several months, perhaps years if you include the failed bill in 1910.

The vote in the house on Dec 22 was 298 yeas to 60 nays leaving 76 not voting. In the senate the vote was 43 yaes to 25 nays and 27 not voting.[3]

Freedom To Fascism

… Mayer Rothschild … knew that he and the other bankers would now control the laws of the nation.

False Mayer Rothschild died in 1812, over a century before the Federal Reserve act was passed.

Freedom To Fascism

Government … now had to borrow money from them at interest to finance the government

False The government is not limited to borrow from any specific bank. The government borrows money from whoever buys T-Bonds when the Treasury auctions them off. One party that does not buy at these auctions: The Federal Reserve. They only buy previously issued T-Bonds.

Freedom To Fascism

President Woodrow Wilson who signed the Federal Reserve act into law later said: I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is now controlled by its system of credit. We are no longer a government by free opinion, no longer a government, by conviction and the vote of majority, but a government by the opinion and duress of a small group of dominant men" - Woodrow Wilson 1919

False This alleged quote is cobbled from from a collection of speeches even before the passing of the bill. The comments were not related to the Federal Reserve act. [4]

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