"The Federal Reserve is committed not to the health and wealth of citizens, but to that of the international banking system. New information on lending programs reveals the depth to which this is true.
"Today we begin with the Rothschilds. The following is taken from a London letter, sent to the Rothschild's New York operators on commencing business in the U.S.:
"The few who can understand the system will be either so interested in its profits, or so dependent on its favours, that there will be no opposition from that class, while, on the other hand, that great body of people, mentally incapable of comprehending the tremendous advantage that Capital derives from the system, will bear its burden without complaint and, perhaps, without even suspecting that the system is inimical to their interests."
Justice Litle is a commodity speculator and tipster. While I certainly agree in the main with this article, I believe his characterization of John Law is outrageous. Law was an economist in the laissez-faire tradition of Adam Smith. He became finance minister (or something like it) in France in the early 1700s. At first the implementation of his policies were a boon for his adopted country, capitalism is always successful on the build-out. However, when production began to outstrip consumption, as it always does in free-market economies, the familiar run of crises, wrenching misery, and painful, ineffective remedies ensued. To his credit, Law withdrew, to a degree, from his faith in markets and recognized the need for some legal restraints in commercial affairs. It is my opinion that he honestly believed in the "invisible hand" and that his apostasy too was genuine. I don't understand Litle's criticism.
http://www.taipanpublishinggroup.com/tpg/taipan-daily/taipan-daily-040411.html
