Executive Summary James Garfield opposed and was most likely killed by private banking interests. Introduction Garfield issued an aggressive statement against private banking interests, which was the following. “Whoever controls the volume of money in any country is an absolute master of all Industry and Commerce. And when you realize that the entire system is…
Executive Summary Gover Cleveland was entirely selected and controlled by private banking interests. Introduction Cleveland was highly connected to JP Morgan, and unsurprisingly favored private banking interests and a private bank-run central bank.
Executive Summary FDR had a number of progressive legislations, but he was also highly controlled by the Rockefeller financial interests. Introduction FDR introduced New Deal legislation, however, he was not instrumental, as is often thought, in the Banking Act of 1933. His view of the banking interests that controlled the US government is expressed in…
Executive Summary Theodore Roosevelt was a populist, who was an agent for Morgan Bank. Introduction Roosevelt was a complex character who governed in a way that was positive for much of the population. However, he was controlled by JP Morgan private banking interests. After retiring from politics, he was brought out to run as an…
Executive Summary Clinton was a tool of private banking interests and removed Glass Steagall protections. Introduction Clinton was highly compliant to private banking interests a contribute to both private banking and neoliberal interests. Clinton repealed Glass Steagall, which put a barrier between commercial and investment banking. He passed NAFTA and adding China to the US…
Executive Summary Adams was a virulent critic of private banking. Introduction Adams has strongly negative views of private banking interests as is expressed in the following quotation. “Historically, usury was defined as any interest whatever on an unproductive loan.Our whole banking system I have ever abhorred, I continue to abhor, and I shall die abhorring.”…
Executive Summary Biden owed his political career to private banking interests. Introduction Biden was a longtime Senator from Delaware before becoming Vice President under Obama and then President. Deleware is where most of the companies in the US are incorporated and is a credit card hub of the US due to private banking friendly laws…
Executive Summary Obama was hand selected by and a tool of private banking interests. Introduction It is difficult to draw a distinction between Bill Clinton and Barack Obama. Obama used many of the same people that were used by Bill Clinton when he was in office. A neoliberal, Obama responded to the 2008 subprime financial…
Executive Summary Jackson was a strong opponent of private banking interests. Introduction Jackson abolished the second private banking controlled central bank. But did not institute a public central bank. This led to chaos, with states issuing their own currencies. He considered killing the private central bank his most important presidential accomplishment. However, while he supported…
Executive Summary Wight Patman was one of the few politicians to have effectively questioned and challenged private banking interests. Introduction Patman’s view of the Fed is explained in this quotation. “I have never yet had anyone who could, through the use of logic and reason, justify the Federal Government borrowing the use of its own…