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 "Malo periculosam libertatem quam quietam servitutem" |
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"Malo periculosam libertatem quam quietam servitutem" |
FEDCON:
Death of the American Republic
Presented By F.A.C.T.S.
Presented is a representation of an American federalist financial wizard that used his corrupted power and influence to control both the Federal government and the American business community. His personal domination over those he controlled lasted at least four decades, covering the time period 1871 - 1913. The forces that he set in motion is still a very powerful financial power machine and continues to have a controlling influence on the American government and business community of 1998.
One of the richest and most prosperous federalists to grace the American scene was the great "robber baron" John Pierpont Morgan. The JP Morgan & Company Bank is still one of the most powerful business concerns in America today, but it was created by an individual that in any other just set of circumstances would have been declared a criminal. Following is a brief story of the financial empire that was created by JP Morgan.
Just exactly and how JP Morgan amassed his early fortune remains somewhat of a mystery, and a study of Morgan's background appears to indicate that he was a very shrewd businessman who carefully and methodically manipulated those around him to positions of submission or exposure. There was hardly anyone or anything he did not have control over through this procedure of control, and it is still a method of control used today. Morgan learned early about the subtle and sometimes direct methods of manipulation and he polished it into an art form that he used very well.
In 1871 Morgan entered the financial firm of Drexel, Morgan & Company and by 1895 Morgan had taken over control of the company and reorganized the firm into the JP Morgan & Company. By 1901 JP Morgan had put together a fortune worth over $1,400,000,000 dollars and had consolidated the growing steel empire into the U.S. Steel Corporation. With this consolidation of the steel empire, U.S. Steel became the largest Business Corporation in the world and due to this influence JP Morgan & Company and U.S. Steel had virtual control over all steel production at the time.
By this same time period JP Morgan also held ownership to several other businesses, including many railroads in the United States, and probably had behind the scene's ownership in several other railroads. JP Morgan also had interests in other modes of transportation, including a large and controlling interest in the construction of the Panama Canal. Morgan's influence over steel allowed him a great degree of control over shipbuilding as well. Early skyscrapers were also built using steel supplied by Morgan, as was anything else made with the material.
JP Morgan's influence on the construction of the Panama Canal is a noteworthy event in American history and is well worth mentioning.
The Panama Canal was started by the French in 1881 but due to extremely bad working conditions created by the tropical atmosphere the construction was abandoned by the French in 1889. Other problems hampering construction included the fact that Panama was a land area under the control of the Colombians and their military, and there was also the continuing and nagging problem of Malaria and other tropical diseases that had to be dealt with.
JP Morgan and Senator Marcus A. Hanna knew the extreme financial importance of the need for a canal across Panama, and of particular interest to both were the enormous amounts of profit that would be taken from the construction of the canal. With the French abandonment of the canal project, Morgan and Hanna both knew it was time for them to move in and take control of the massive project and the profits that would follow. The only two things in their way were the French and the Colombians, but Morgan knew that the French could easily be bought off. That only left the problem of Panama being controlled by Colombia and that problem could easily be worked out by purchased political pressure to be applied to President Theodore Roosevelt's people. The problem of the tropical diseases was an issue, but a very minor one, as common people were expendable - profits weren't!
By 1903, Morgan and Senator Hanna worked out a series of secret agreements and in the first phase of the operation $40,000,000 is transferred to French canal stockholders, who quickly relinquish their claim to the canal. In the second phase of the operation Senator Hanna is at work in Congress persuading key members for their support of the canal and the need for Federal military intervention to secure the canal area. The problem quickly hits a snag when a Senate committee starts looking into Senator Hanna and the canal deal, especially the bank transfer of the $40 million dollars to French stockholders.
JP Morgan goes to work with his lawyer William Cromwell, who in the end refuses to divulge any information at all to the Senate committee investigating the canal deal, and the Senate investigation quickly loses steam and ends just as rapidly as it started. Cromwell for his part in the scheme receives $800,000 for legal services rendered, but it really appears as if it was more of a hush-up fee. This only leaves the problem of Colombian military control of the area known as Panama, but there is already a plan in place to take care of that matter.
With a little over $100,000 in sponsorship, a revolt is quickly cooked up against the Colombians in Panama. With money in hand a band of hired mercenaries and Panamanian thugs forms a revolt and forces out the Colombian military influence. Panama immediately becomes an independent country with the backing of United States military forces. The American military forces had been waiting just offshore of Panama and only came in after forces from Panama drove the Colombians out. Many world leaders, at that time, viewed what happened in Panama by the Americans as a rape of that country, and indeed it probably was. Financial rape was nothing new to JP Morgan and Senator Hanna, as they had been doing it for decades to the American people.
There were tremendous amounts of profits taken from the construction of the Panama Canal, but who at the time was going to oppose the power and will of someone with vast finances like JP Morgan! Morgan was the most powerful financial power of his time and literally controlled most of private enterprise as well as the financing of the United States government.
On February 28, 1913 a report was made public by the House Committee on Banking and Currency, and the report publicly exposed the "money trust" that is in control of the financial power of the United States. Congress as part of their investigation into the "money trust" tries to issue a subpoena to JP Morgan for his legal testimony in the matter, but Morgan who has many allies in Congress is tipped off to the intentions of Congress, and leaves the country for neutral and safe ground. JP Morgan conveniently remains out of the jurisdictional authority of the United States and refuses to come back to testify and on March 31st Morgan suddenly and very conveniently dies in Rome, Italy, of unknown causes. Did he really die or was it just another one of JP's great manipulations of the system? Read on and get a few clues.
This is not the end of the JP Morgan & Company financial empire, as it is a strong and enduring empire with long arms, because it is part of the federalist financial power of extreme influence and wealth set up by JP Morgan. Later purchases of the Morgan Empire include many oil companies, which will merge together and form the Continental Oil Corporation (CONOCO). There are many other holdings of this financial empire, past and current, too numerous to mention.
In 1933 the JP Morgan & Company is dealt a minor setback with the passage of the Glass-Steagall Act, which forbids banks the right to deal in stocks and bonds. JP Morgan & Company forms the Morgan Stanley brokerage house in 1935 to handle this little setback and business continues to go on as usual for the JP Morgan & Company.
On September 20, 1990 the Federal Reserve Board hands down a decision and authorizes the JP Morgan & Company the right to start dealing in stocks again, and JP Morgan & Company becomes the first bank since 1933 to receive such permission to deal in stocks.
JP Morgan & Company continues to this day as one of the most powerful and influential banking institutions in America and the world, and continues to be a very dangerous influence on the world money market as a whole.
Just ask Japanese and Asian bankers who continue to lose millions in their money to strong federalist money powers like JP Morgan & Company, who view the Japanese and Asian money markets as a world threat to the federalist money structure. Federalist money powers are intentionally collapsing the economies of those money markets, in order to consolidate federal financial strength and power worldwide, and the Japanese and Asian people haven't been able to figure this out. Well they know it now and so does the rest of the world.
All the federalists are doing is expanding their financial and monetary control in order to have a cheaper labor force that will allow them even greater profit opportunities. Cheaper slaves always means more profits to those in control.
As a matter of general information it was the JP Morgan & Company that first took stock of the Year 2000 problem and you can bet they are ready with plans in place to seize on every golden opportunity related to this supposed problem.
The great steel industry of America that JP Morgan and others made a fortune with is currently in full decline and entering its final death throws. Industries in America now go outside of this country for their steel needs and this is leaving Americans with even fewer jobs than they had before. Buying cheaper steel from companies abroad, that is produced by cheaper labor, means more profits for the select few, and this of course means less jobs for Americans. Ask the people in Bethlehem, Pennsylvania, who are losing their steel mill on March 31, 1998 about who profits when a business closes and goes abroad to do business, because it certainty has not been the common people in Bethlehem, Pennsylvania that have profited.
More and more American businesses are closing their operations up and moving them to areas where higher profits can be made or downsizing to raise profits up. Less and less jobs with high wages are rapidly disappearing for the common people and only means more and more lower paying service jobs. Decent wages continue to disappear at a fast rate in America and the result is devastating the average American worker and their families.
People having to work longer hours for the same amount of money is severely harming the social structure and stability of America.
Financial profits are all that matter to the rich federalists who exploit people and materials until they are no longer of any value or profit to them. They take what they want and do what they want with total indifference to the masses of common people, and they do this to the Earth as well. Use it up until it's gone and throw the waste to the side seems to fit the federalist psyche pretty well.
The quote was taken from the Commencement Address Ivan F. Boesky gave at the University of California, Berkley, and School of Business Administration, on May 18, 1986. This is another indicator of how federalists and their rich friends instruct the college graduates of America on the value of stealing by way of being greedy. Boesky just forgot to tell the graduates that it only works when you don't get caught. Boesky was finally found guilty of conspiracy to file false documents with the Federal government as a result of "insider trading" on Wall Street. He agreed to pay a $100 million dollar fine to the government in return for his not being sent to prison. A common person due to lack of financial funds would have gone to prison for a very long time for committing such a crime. This payment of a large fine in lieu of prison time shows that the rich have privileges above that of the common people when faced with the possibility of prison time. This is a perfect example of how those in power use federalism and the justice system to their best advantage.
Labor Unions in America do very little to help the common people in 1998, and have mostly sold out their positions and people they are supposed to be representing. The Unions have sold out the common people to the rich corporations so that the upper echelon Union leaders can maintain their positions of standing and wealth. The only things that appear to count to the Union leaders in 1998 are their precious positions of power and wealth. If the common workers really mattered to the Unions then they would be protecting the common workers job positions and pay much better than what they are currently doing. In many cases Union workers are making less now than they were almost 30 years ago, and the Union workers are paying two to three times higher Union dues. It was not always that case for the Labor Unions in America, as "once upon a time" they used to be controlled and operated by honest people who had sincere care and concern for the common worker. Unions used to really mean something to America and to the American worker, and they were the stand-up people for the rights of the worker, now they're the stand-up comedians for the rich and a real joke because of it.
The rapid growth of Labor Unions once struck fear into the hearts and minds of the rich federalists and the concerns of the Unions for the common people was genuine, and they took care of their people by protecting their wages. The father of the American labor movement was sincere about his concerns for the plight of the common people and believed that labor strikes were a good method of protecting the rights of the common worker.
As Unions started to grow in America due to working abuses and low pay so did the concern of the select few on how they could start to better control the growth of Unions, or at least put them under federalist influence and control. By the mid-1950's corruption and abusive controlling tactics that were of no benefit to the union worker plagued many Unions in America. Two examples of Labor Union's facing those problems were the Bakery & Confectionery workers (B&C) and the Teamsters Union. Both Unions were expelled from the American Federation of Labor and Congress of Industrial Organization (AFL-CIO) for their inability to control graft and corruption within their organizations.
The Teamsters continued as they were, but that was not the case for the B&C. The factions that were honest within the B&C broke away from the outlawed Union and formed a new Union called the American Bakery & Confectionery workers (AB&C). The AB&C was quickly recognized by the AFL-CIO as the Union of choice and was admitted into their membership.
The B&C was not happy at all with this decision by the AFL-CIO and quickly expelled for life all of those within their membership ranks that supported and gave aid to the AB&C. This included individuals like Cleve "Cotton" Ensey, Jr., newly appointed Union Representative for the AB&C, who saw in the B&C the vilest forms of control, corruption and abuse possible.
In the late 1960's the fighting between the AB&C and B&C started to diminish and the B&C set into motion a merger between the two Unions, vowing to end all corruption and abuse within its ranks. By the end of that decade the two Unions merged into the Bakery Confectionery & Tobacco (BC&T) workers Union, but the merger came at a high cost to honest Union officials like Ensey, who were forced to resign and take a reduced pension. Those individuals who were not of retirement age were forced out of the Union because of their earlier support for the AB&C.
Shortly after the expulsion of undesirables from the merger process, newly elected BC&T Union officials met and raised pensions for all of those that would retire after a certain date, but it would not include those like Ensey who had been forced out of the Union and made to take an early retirement. Although Ensey would receive small raises in his pension it would pale in comparison to what corrupt Union officials of the newly formed BC&T had voted themselves as retirement pensions. Upon the death of Mr. Ensey the Union did not transfer his pension benefits to his legally blind wife, leaving his medically crippled wife with very little financially, with which to take care of herself. Is this the type of legacy that a legitimate and genuinely caring and concerned Union takes and gives to honest people? Apparently this is the type of reward and compensation that an honest Union Official like the deceased Mr. Ensey and his widow can expect to get. This was an especially sad thing to do to Mr. Ensey and his widow, considering all of the time he devoted to the Union and spent away from his family and sick wife.
When Union leaders of this country won't even take care of their own honest leadership officials like Cleve Ensey, Jr., and his ailing widow, how can you expect Unions to take care of its rank and file membership in an acceptable and fair manner? This example of what was done to Mr. Ensey and his widow by the BC&T, should serve to point out that Unions in America really don't give one damn about their rank and file membership, except for the dues and other moneys that they collect from them for the benefit and gain of the Unions own corrupt higharchy.
In some states, like New Mexico, where there are not right to work laws, Unions like the United Food & Commercial Workers deny employment to individuals by way of closed shops. Unless you join the Union in a closed shop state because the business is covered by a Union contract, an individual does not have the right to work at that place of employment, and the Union will force that business to terminate employment with all those who do not join the Union. What ever happened to the American Constitution in those states that force that type of mentality on the people? What ever happened to the basic human right of being able to pursue a job career without having to pay someone for the privilege of being able to work?
When Unions in America can show to the people that they actually mean to protect the rights of the people and not suppress them, then and only then will Unions emerge as any type of honest and strong voice for the people. Until then Unions will be no more than a controlling factor that big business and federalists use to control the common people of America with. If Unions want to once again become a force that big business has to reckon with then the leadership of those Unions will have to be permanently cleaned up, and the rank and file membership will have to become more involved in the election process of those individuals running Unions. The rank and file membership of Unions must also have better methods of being able to voice their opinions without being told to shut up or being constantly forced with the threat of termination from their jobs if they make waves and object to "sweetheart" deals between big business and Unions. Making waves is what being a true American is all about, and is also what Unions are all about, and it is the voice and desires of the masses of people that count, contrary to the belief of Union Presidents who place themselves on election ballots and run unopposed time after time, all the while ignoring the voices of their membership.
Federalists gained control of the Labor Unions to use them for their own benefit and gain, and to date federalism has been very successful with the control they exert over Unions in the United States. Due to this federalist influence, Labor Unions have become the very things that they fought so hard to prevent, but there can be redemption for Unions if the people in them will once more take control of them and use them for what they were intended for.
Federalists are used to taking what they want from whomever they want and they do this without regard for human lives. Another example of this is found in the federalist's treatment of Native American peoples.
As the Federal expansion of America pushed westward Native Americans were systematically pushed off of their native lands and forced westward as well, but soon there was no where left to push the Native Americans. No one knows for sure what the population of Native Americans was on the frontier when the westward expansion and genocide started on them, but some estimates indicate there may have been more than three million Native Americans in the United States. By the taking of the 1890 census the population of Native Americans had been severely reduced and the census numbered Native Americans at approximately 243,000 people.
Time after time Native Americans were displaced from their lands and moved to wherever the Federal authorities wanted them moved to. Native Americans were being moved so often that a Sioux of high standing once remarked to the all white Sioux Indian Commission:
Native Americans that resisted the will of Federal government and that did not move off of lands being sought by powerful federalists, often found themselves the targets of deadly and brutal attacks by Federal Troops. Soldiers would descend on encampments, friendly and non-friendly camps alike, and would start bayoneting, shooting, and hacking the innocents to death, and by this method entire villages and clans of Native Americans were wiped out. The genocide of Native Americans continued for decade after decade, much in the same manner that the Romans, Spanish, Germans, French and British exterminated the Celtic and Jewish peoples.
It amounted to no more than this; Native Americans were only trying to protect a way of life and areas of land that were naturally and rightfully theirs to begin with. The unwanted intrusion of federalist powers driven by greed and a warped sense of "manifest destiny," was the real enemy of the Native Americans, and federalists felt that it was their Christian duty to convert and take whatever they wanted from the Native Americans, including their lands and lives. Women were spared for a time from death if they capitulated to the demands of those in control as they could be used for sexual pleasures and other abuses.
The Spanish in the Southwestern part of the United States were the first to exploit and use the Native Americans as they saw fit, especially when it came to using them as slaves. They were also guilty of the mass genocide of Native Americans and by the time the first settlers had arrived at Jamestown on the East Coast of America, many Native American tribes had already been exterminated by the Spanish in the west. One such tribe was the Tano peoples in Northern New Mexico, who were wiped off the face of the Earth for their refusal to surrender the lush and fertile Chimayo valley to the Spanish.
Native Americans were not the only ethnic class of people to be exploited by a select few, it also happened to the Kelts and to the Negro's. Keltic peoples were brought early to this country as slaves and later the Black people of Africa were brought to America for the same purpose. The British would probably have insisted on using more Celts as slaves in place of the Black people, but the massive extermination of the Kelts in the late 1600's made that an impossibility for the British, so they imported Black slaves from Africa to use in place of white slaves.
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