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Book:The Creature from Jekyll Island : A Second Look at the Federal Reserve

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  • Book:The Creature from Jekyll Island : A Second Look at the Federal Reserve

    http://www.amazon.com/Creature-Jekyl.../dp/0912986212

    I have just read this book, and can't believe what I just read. Lot's of things that didn't make sense now do. It is all by design!

    If you have read this book, please share your opinion. I can now see that the housing bubble was made to order for a specific purpose.

  • #2
    Re: Book:The Creature from Jekyll Island : A Second Look at the Federal Reserve

    I read it recently. Griffin skirts the "worldwide conspiracy" that is so tempting an explanation by implying it and stating facts that seem to support it, without coming out and saying "it's a cabal that runs everything."

    After I read it, my thinking has changed a good deal. I have read several other books that seem to support a lot of the conclusions and I wrote my paper about money with a point of view that I think started from some of what I read in this book.

    I don't think it's by design, though. That I do not agree with.

    Humans, animals and plants are evidence, IMHO, that very complex systems evolve to an unimaginable complexity through mindless evolutionary processes. Why can't complex social systems and financial systems evolve this way, too?

    Dawkins' The Blind Watchmaker makes this quite clear. Intelligent design appears to be the only way for things to be as amazingly complex as they are, but he has demonstrated how quickly even a simple rules-based system along with some fitness selection process can create amazingly complex things pretty quickly.

    So that is why I don't agree that it's by design. I think the actors in the drama are very large banking and corporate interests and they serve in and out of government, just as they do today. Government and their interests are the same. Has always been, still is, was then, is now. That is what I have gotten out of the book and as you say, lots of things make sense now that didn't before. But not the conspiracy cabal thing.

    Comment


    • #3
      Re: Book:The Creature from Jekyll Island : A Second Look at the Federal Reserve

      Originally posted by Sapiens
      It is all by design!

      If you have read this book, please share your opinion. I can now see that the housing bubble was made to order for a specific purpose.
      Helps explain how Woodrow Wilson gets his picture on a $100,000 Federal Reserve Note just ten short years after his death doesn't it? To understand the most important rule of betting in the casino, Never Bet Against the Fed you have to have read the book. Without this understanding you get your pocket picked everytime. Always remember when they asked Willie Sutton why he robbed banks he said that's where the money is. Now you need to ask yourself, where's the money in the market because that's what they'll steal next. Put your money in what they're bashing and take your money out of what they're hyping is how the game is played.

      Fitting that the game gets created in the dead of night on Christmas Eve in 1913, just twenty years later Wilson gets his picture on a $100,000 FRN. We are ruled by criminals and it's much more profitable to think like a criminal when betting the market. Today these criminals are so brazen they don't even operate during the dead of night anymore but on prime time TV. War is Peace, Debt is Money, Truth is Lies, it's a funny world.
      "Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one."
      - Charles Mackay

      Comment


      • #4
        Re: Book:The Creature from Jekyll Island : A Second Look at the Federal Reserve

        Originally posted by grapejelly
        .

        I don't think it's by design, though. That I do not agree with.

        Humans, animals and plants are evidence, IMHO, that very complex systems evolve to an unimaginable complexity through mindless evolutionary processes. Why can't complex social systems and financial systems evolve this way, too?

        Dawkins' The Blind Watchmaker makes this quite clear. Intelligent design appears to be the only way for things to be as amazingly complex as they are, but he has demonstrated how quickly even a simple rules-based system along with some fitness selection process can create amazingly complex things pretty quickly.

        So that is why I don't agree that it's by design.
        Grapejelly,

        I think I understand what you mean by the above, read for example what Wolfram has to say about simple rules creating vast complexity here:
        A New kind of Science

        There are certanin principles and rules ,or axioms if you will, that have made me very successful. One of those priciples is Occam's or Ockham's razor. The world economy did not make sense from my conservative investor point of view. In order to continue to preserve, grow and prosper my family's wealth I had to research and study why my principles were no longer valid. Thus one of the reasons you find me here.

        From experience, I could not understand how corrupt, inept, incompetent or idiots could launch projects and although those projects were disasters they were still able to make a handsome profit. Any prudent investor could see that the projects were not going to be profitable. But alas, like Griffin explains, it is all called a game of Bailout.

        So from experience, I can tell you that what Griffin writes about is very valid. I have dealt with members of the banking cartel and now clearly understand from what position they were bargaining from. Now, I can see and understand why it is clearly by design and not a coincedence of Nature. Of course, this information will help me to continue to prosper going forward.

        Comment


        • #5
          Re: Book:The Creature from Jekyll Island : A Second Look at the Federal Reserve

          Originally posted by Tet
          To understand the most important rule of betting in the casino, Never Bet Against the Fed you have to have read the book. Without this understanding you get your pocket picked everytime.
          You got it!

          Comment


          • #6
            Re: Book:The Creature from Jekyll Island : A Second Look at the Federal Reserve

            http://www.canadafreepress.com/2007/deweese032207.htm
            By Tom DeWeese, American Policy Center

            Thursday, March 22, 2007

            If you believe there should be no borders marking a specific entity called the United States of America, then a North American Union will not concern you. If you believe nationalism, meaning love and pride of country, is a bad thing, then a North American Union will not concern you. If you believe government control of the market, of health care, and of energy policy is a positive force, then a North American Union will not concern you. If you believe anyone should be allowed to enter our nation, even illegally, obtain work, taxpayer-paid social programs, and owe no allegiance to the U.S., then a North American Union will not concern you.

            On the other hand, if you believe the United States is the most unique nation on Earth with a government designed to protect your natural liberties, an economic system unlike any other -designed to create economic independence, and a judicial system unknown to any other nation, then a North American Union is a threat to all you hold dear.

            Those currently working on such a plan do not share your ideals; they do not support your political positions. They do not understand nor care about your concerns. It's their political ideology and they see nothing wrong with what they are doing. They consider your opposition to their plans to "harmonize" the U.S. with Mexico and Canada old fashioned and out of date.

            The question is where do you stand?

            The other side intends to marginalize your love of country and support of limited government. In fact, the other side doesn't want to debate the issue at all. It just wants to force its way on you, without discussion, without a vote, and without your involvement. And that is why they are trying to operate in secret.

            Those of us who oppose this Union on ideological grounds intend to force that debate and let the American people decide how they wish to be governed. And that is why the other side is attacking us so viciously.

            Incredibly, some of the most vicious attacks have come from so-called spokesman on the right--apparently threatened by other conservatives who question Bush Administration polices. For example, In December of 2006, news commentator Michael Medved fumed and spewed in a couple of blogs and on his radio show about the "nuts" and "crazies" who question the true purpose of the Security and Prosperity Partnership (SPP).

            The Charge:

            "This paranoid and groundless frenzy has been fomented and promoted by a shameless collection of lunatics and losers; crooks, cranks, demagogues and opportunists, who claim the existence of a top secret master plan to join the U.S. , Canada and Mexico in one big super-state and to replace the good old Yankee dollar with a worthless new currency called 'The Amero'." Michael Medved, December 28, 2006.

            The Truth:

            Mexican economist and researcher Miguel Pickard wrote in an article, published by foreign press, detailing the "deep integration" planned for North America. He said there will be no single treaty and nothing will be submitted to legislatures of the three countries. Instead, he says, the plan for a "merged future" will be implemented through "the signing of regulations not subject to citizen review." He went on to report of several secret meetings held in all three nations, after which representatives signed "close to 300 regulations" installing a "Unified American Border Action Plan."

            Pickard went on to express his view that President Bush is "vigorously pushing" the idea of a "North American community." Pickard concluded by saying the schedule calls for beginning with a customs union, then a common market, then a monetary and economic union, and finally the adoption of a single currency.

            Democrat Congressman Barney Frank said in a letter concerning the Security and Prosperity Partnership, "It was done for the United States by the President, with no Congressional involvement. Indeed it is not even a treaty because it has not been ratified by the Senate."

            CNN Anchorman Lou Dobbs said during a report on the SPP, "Have our political elites gone mad?"

            The Charge:

            "Another delusion usually associated with these fears involves the construction of a 'Monster Highway' some sixteen lanes wide through Texas and the Great Plains, connecting two nations on either side for the borders for some nefarious but never-explained purpose." Michael Medved, December 28, 2006

            The Truth:

            In April, 2006, TxDOT released a 4,000 page Environmental Impact Statement that described a corridor that will be 1200 feet wide (the size of four football fields). It will parallel Interstate 35, and be five lanes north and five lanes south (3 lanes for cars, 2 lanes for trucks). In the middle will be pipelines and rail lines. It will also have a 200 ft wide utility corridor. The corridor will start in Laredo, TX, run past Austin to the Texas-Oklahoma border. Plans ultimately call for building some 4,000 miles of highway with--rail lines and utility lines combined into super-corridors throughout Texas over the next 50 years.

            "The Oklahoma-to-Mexico stretch would be just the first link in a 4,000 mile, $184 billion network. The corridor would be up to a quarter mile across, consisting of as many as six lanes for cars and four for trucks, plus railroad tracks, oil and gas pipelines, water and other utility lines, and broadband cables." Associated Press, July 21, 2006.

            Central to the construction of the Trans Texas Corridor is the massive taking of 584,000 acres of private rich farm land, ranches and homes. Supreme Court approved Eminent Domain will be used to acquire the land.

            The Trans Texas Corridor is the first leg of what is called the NAFTA Super Highway scheduled to go through heartland America all the way to Canada.

            The main reason for opposition (for some nefarious but never-explained purpose) is the lack of inspection of the truck's cargo as they carry containers loaded in China and off loaded in Mexican ports and driven straight through to an Inland port in Kansas City (KC SmartPort), relying only on electronic screening for drive-through inspections. Moreover, Mexico will control its own customs facility in Kansas City and therefore able to inspect their own trucks on U.S. territory.

            "This spring (2006), (KC) city officials signed off on a 50-year lease for the Mexican facility, with an option for 50 more years...The council earlier this year earmarked $2.5 million in loans and $600,000 in direct aid to SmartPort, which would build and own the inland customs facility and sublet it to the Mexican government through agreements with U.S. Customs and Border Protection...The Mexican government would have no significant investment and would occupy the customs facility operation rent free...SmartPort set up the deal to avoid imposing any expenses on Mexico above its ordinary border costs...SmartPort meanwhile is seeking a $1.5 million grant from the U.S. Economic Development Administration to purchase high-tech gamma-ray screening devices for drive-through inspections of truck cargo...Confusion and secrecy have been hallmarks of the ambitious project. At the outset, Gutierrez (President, KC SmartPort) and others have said the customs facility would be sovereign Mexican soil similar to a foreign embassy." Posted by the Kansas City Star, 7-18-06

            Another objection to the highway system is the fact that foreign companies will operate the highways and collect tolls.

            "On a single day in June (2006), an Australian-Spanish partnership paid $3.6 billion to lease the Indiana Toll Road. An Australian company bought a 99-year lease on Virginia's Pocahontas Parkway, and Texas officials decided to let a Spanish-American partnership build and run a toll road from Austin to Seguin for 50 years." Associated Press, 7-15-06

            "One principle player is a Spanish construction company, which plans to build the highway and operate it as a toll road. But don't be fooled: the superhighway proposal is not the result of free market demand, but rather an extension of government-managed trade schemes like NAFTA that benefit politically-correct interests." Texas Congressman Ron Paul

            The Charge:

            "The record couldn't be more clear on the 'North American Union' - there's no one anywhere near the Bush administration, the Congress of the United States, Cabinet departments or even major think tanks who believes it's a good idea to merge Canada, Mexico and the U.S." Michael Medved, December28, 2006

            The Truth:

            "Away from the spotlight, from Sept.12 to 14 (2006), in Banff Springs (Canada), Minister of Public Safety Stockwell Day and Defense Minister Gordon O'Connor met with U.S. and Mexican government officials and business leaders to discuss North American integration at the second North American Forum...The focus of the event...included topics such as 'A North American Energy Strategy,' 'Demographic and Social Dimensions of North American Integration,' and Opportunities for Security Cooperation'--all topics where the public interest is at odds with that of big business elites...The public has been kept in the dark while the business elite have played a lead role in designing the blueprint for this more integrated North America." Reported by the Toronto Star, 9-20-06

            Attending the Banff meeting were Secretary of Defense Donald Rumsfeld, former U.S. Trade Rep. Carla Hills, and Assistant Secretary of State for Western Hemisphere Dr. Thomas Shannon.

            Arizona State University is teaching that U.S., Mexico and Canada need to be integrated into a unified superstate, where U.S. citizens of the future will be known as "North Americanists."

            The program openly calls for the integration of economic issues across the continent, and in many places goes further--such as the call for a common North American currency and an implied joint military.

            "Reformist Mexican President Vincente Fox raises eyebrows with his suggestion that over a decade or two NAFTA should evolve into something like the European Union, with open borders for not only goods and investment but also people. He can rest assured that there is one voice north of the Rio Grand that supports his vision. To wit, this newspaper." Robert L. Bartley, editor, The Wall Street Journal, editorial, July, 2, 2001.

            The Charge:

            "Concerning the feds, the entire horror story about 'North American Union' is based upon the 'Security and Prosperity Partnership,' an utterly innocuous, open, above-board, well-advertised and widely publicized initiative to promote inter-governmental cooperation to fight terrorism, the threat of Avian flu, improve and tighten border security, and promote mutual prosperity." Michael Medved, December 28, 2006

            The Truth:

            "The SPP was not created by a treaty between the nations involved, nor was Congress involved in any way. Instead, the SPP is an unholy alliance of foreign consortiums and officials from several governments." Texas Congressman Ron Paul

            Also attending the Banff meeting, according to Canadian CBC News, was Mel Hurtig, noted Canadian author. According to Hurtig, "We're talking about such an important thing, we're talking about the integration of Canada into the United States. For them to hold this meeting in secret and to make every effort to avoid anybody learning it, right away you've got to be hugely concerned."

            "According to the U.S. government website dedicated to the project (www.spp.gov), the SPP is neither a treaty nor a formal agreement. Rather, it is a 'dialogue' launched by the heads of state of Canada, Mexico, and the United States at a summit in Waco, Texas in March, 2005. What is a dialogue? We don't know. What we do know, however, is that Congressional oversight of what might be one of the most significant developments in recent history is non-existent. Congress has had no role at all in this 'dialogue' that many see as a plan for a North American Union. According to the SPP website, this 'dialogue' will create new supra-national organizations to 'coordinate' border security, health policy, economic and trade policy, and energy policy between the governments of Mexico, Canada and the United States. As such, it is but an extension of NAFTA-and CAFTA-like agreements that have far less to do with the free movement of goods and services than they do with government coordination and management of international trade..." Texas Congressman Ron Paul, 8-30-06

            If you expect to find a Bush Administration declaration that the United States of America will be replaced by a North American Union, forget it. If you think such a drastic change in our nation won't happen without a national debate and voter referendum--think again.

            A close examination of just a few facts shows that a legal and institutional framework is indeed being put in place that could easily be switched into a full-fledged regional government.

            Step by step, America is moving from NAFTA - to the Security and Prosperity Partnership of North America--and indications are the SPP will lead toward the creation of a North American Community as a logical precursor to a North American Union.
            http://www.canadafreepress.com/2007/deweese032207.htm

            What do you guys make of this?

            Comment


            • #7
              Re: Book:The Creature from Jekyll Island : A Second Look at the Federal Reserve

              Originally posted by Sapiens
              What do you guys make of this?
              Texas is a unique state in the union, the only state to enter the union besides the original 13 with no federal land. The Canadian, Mexican and US union is old news, but getting the land of Texas into federal hands is a long battle that is still going on.
              "Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one."
              - Charles Mackay

              Comment


              • #8
                Re: Book:The Creature from Jekyll Island : A Second Look at the Federal Reserve

                I've looked into this book and read a number of reviews on it. I am putting it on my reading list.

                It seems that all of the critical reviews focus on the fact that the book contains "conspiracy theories". I guess I wonder why this is a problem. I think many people assume that all conspiracy theories have to be false by definition. After all, they are conspiracies! (No circular logic there ;)).

                It seems to me that a conspiracy exists everytime a group of people get together and attempt to advance a particular interest (usually a self-interest, but not always). So whether or not a conspiracy is a good one or a bad one is not the same question as whether one exists; and whether the conspiracy theory is true or false is also a different question.

                To my knowledge, no serious historian can factually claim that the meeting in Jekyll Island, GA did not take place in 1910. So, by definition, there was in fact a conspiracy to start the Federal Reserve--to promote this groups perceived "necessary interests". Common sense also dictates that their plan did not probably go perfectly according to their plan (and I'm also sure there were differences of opinion amongst the participants). Certainly, the stock market crash of 1929 was not in their overall plan (one would think). However, its also probably fairly safe to say that their most pressing interests were probably pretty safely interwoven into this grand design. In fact, it takes an enormous amount of naivete to believe that these wealthy individuals weren't attempting to secure their own (and their families) place at the table, so to speak. Its simple human nature to attempt to preserve one's own self interests.

                Anyway, I'm looking forward to giving this a read. And I will certainly only be interested in whether or not the book presents accurate historical facts. But I certainly will not claim the book is unfounded, because it presents a conspiracy theory. In fact, I rather hope it explains the actual conspiracy with precision. It might answer a few questions.

                Comment


                • #9
                  Re: Book:The Creature from Jekyll Island : A Second Look at the Federal Reserve

                  Originally posted by Harry Pottery
                  Certainly, the stock market crash of 1929 was not in their overall plan (one would think).
                  The CEO of Bank of America during the depression makes a fortune shorting his own stock during the depression. The real money is made for those in the know during a crash not during the rise, the crash only means they've pulled their earnings out of the market. Charles Swaab and Sir Templeton come to mind here considering they both sold their holdings in March of 2000 for a huge gain at the exact top to the market.
                  Last edited by Tet; March 25, 2007, 12:16 AM.
                  "Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one."
                  - Charles Mackay

                  Comment

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