“Impossible to find a happier and more prosperous population on all the surface of the globe.”

FROM THE MICHAEL JOURNAL comes this article by Alain Pilote:

The dictatorship of the bankers and their debt-money system are not limited to one country, but exist in every country in the world. They are working to keep their control tight, because the example of what an honest system could be, with one country freeing itself from this dictatorship and issuing its own interest- and debt-free currency, would be enough to bring about the worldwide collapse of the bankers’ swindling debt-money system.

This fight of the International Financiers to install their fraudulent debt-money system has been particularly vicious in the United States of America since its very foundation. Historical facts show that several American statesmen were well aware of the dishonest money system the Financiers wanted to impose upon America and of all of its harmful effects. These statesmen were real patriots, who did all that they possibly could to maintain for the USA an honest money system, free from the control of the Financiers. The Financiers did everything in their power to keep in the dark this facet of the history of the United States, for fear that the example of these patriots might still be followed today. Here are some facts that the Financiers would like the population not to know:

We are in 1750. The United States of America does not yet exist; it is the 13 Colonies of the American continent, forming “New England”, a possession of the motherland, England. Benjamin Franklin wrote about the population of that time: “Impossible to find a happier and more prosperous population on all the surface of the globe.”

Going over to England to represent the interests of the Colonies, Franklin was asked how he accounted for the prosperous conditions prevailing in the Colonies, while poverty was rife in the motherland: “That is simple,” Franklin replied. “In the Colonies we issue our own money. It is called Colonial Scrip. We issue it in proper proportion to make the products pass easily from the producers to the consumers. In this manner, creating our own paper money ourselves, we control its purchasing power, and we have no interest to pay to any one.”

The English bankers, being informed quickly, had a law passed by the British Parliament prohibiting the Colonies from issuing their own money, and ordering them to use only the gold or silver debt-money that was provided in insufficient quantity by the English bankers. The circulating medium of exchange was reduced by half.

“In one year,” Franklin stated, “the conditions were so reversed that the era of prosperity ended, and a depression set in, to such an extent that the streets of the Colonies were filled with unemployed.”

Then the Revolutionary War was launched against England, and was followed by the Declaration of Independence in 1776. History textbooks erroneously teach that it was the tax on tea that triggered the American Revolution, but Franklin clearly stated: “The Colonies would gladly have borne the little tax on tea and other matters, had it not been the poverty caused by the bad influence of the English bankers on the Parliament: which has caused in the Colonies hatred of England, and the Revolutionary War.”

The Founding Fathers of the United States, bearing all these facts in mind, and to protect themselves against the exploitation of the International Bankers, took good care to expressly declare, in the American Constitution, signed at Philadelphia in 1787, Article 1, Section 8, paragraph 5: “Congress shall have the power to coin money and to regulate the value thereof.”

— Comments —

Helen writes:

Alain Pilote is author of Economic Democracy: the Social Credit proposals in 10 Lessons which forms the basis of a study session he teaches annually since 2008 in Quebec.  He is a member of the Pilgrims of St. Michael, a Roman Catholic apostolate centered in Quebec, Canada which is made up of men and women who educate the public about the debt-based economy and promote monetary reform known as Douglas Social Credit.   What is the pilgrimage?  Justice through the education of the population who will clamor for change once the huge swindle of central banking is understood.  Pilgrims of St. Michael have published on the topic since the 1930’s; they go ‘door to door’ teaching, praying decades of the rosary with families and invite people to take up the solution: social money, created as credit and distributed in the form of a National Dividend to each person in a nation, death to taxes, and the end of the monopoly of money creation by private banks.

I attended one of Mr. Pilote’s study sessions a few years ago and came to understand that money is a useful tool when used as a medium of exchange.  Sadly, the current financial system has distorted money.  Banks control the entire world and require individuals and nations bow before them.  We are humiliated and our birth right has been taken. The Douglas Social Credit analysis offers a brilliant solution.

Please follow and like us: