DOCUMENTARY The Council on Foreign Relations CFR and the American Decline James Perloff

James Perloff dissects the Council on Foreign Relations (CFR).

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"To understand how the most influential people in America came to be members of an organization working purposefully for the overthrow of the Constitution and American sovereignty, we have to go back at least to the early 1900's, though the story begins much earlier (depending on your viewpoint and beliefs).

That a ruling power elite does indeed control the U.S. government behind the scenes has been attested to by many Americans in a position to know.

Felix Frankfurter, Justice of the Supreme Court (1939-1962), said:

"The real rulers in Washington are invisible and exercise power from behind the scenes."

In a letter to an associate dated November 21, 1933, President Franklin Roosevelt wrote,

"The real truth of the matter is, as you and I know, that a financial element in the large centers has owned the government ever since the days of Andrew Jackson."

February 23, 1954, Senator William Jenner warned in a speech:

"Outwardly we have a Constitutional government. We have operating within our government and political system, another body representing another form of government, a bureaucratic elite which believes our Constitution is outmoded."

Baron M.A. Rothschild wrote,

"Give me control over a nation's currency and I care not who makes its laws."

All that is needed to effectively control a government is to have control over the nation's money: a central bank with a monopoly over the supply of money and credit. This had been done in Western Europe, with the creation of privately owned central banks such as the Bank of England.

Georgetown professor Dr. Carroll Quigley (Bill Clinton's mentor while at Georgetown) wrote about the goals of the investment bankers who control central banks:

"... nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole... controlled in a feudalism fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences."

The Bank of the United States (1816-36), an early attempt at an American central bank, was abolished by President Andrew Jackson, who believed that it threatened the nation.

He wrote:

"The bold effort the present bank had made to control the government, the distress it had wantonly produced... are but premonitions of the fate that awaits the American people should they be deluded into a perpetuation of this institution or the establishment of another like it."

Thomas Jefferson wrote:

"The Central Bank is an institution of the most deadly hostility existing against the principles and form of our Constitution... if the American people allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered."

Does that not describe the situation in America today?

The U.S. managed to do without a central bank until early in this century, when, according to Congressman Charles Lindbergh, Sr.,

"The Money Trust caused the 1907 panic, and thereby forced Congress to create a National Monetary Commission."

Headed by Senator Nelson Aldrich, father-in-law of John D. Rockefeller, Jr., the Commission recommended creation of a central bank.

Though unconstitutional, as only "The Congress shall have Power... To coin Money, regulate the Value thereof... " (Article I, Section 8, U.S. Constitution) the Federal Reserve Act was passed in December 1913; ostensibly to stabilize the economy and prevent further panics, but as Lindberg warned Congress:

"This act establishes the most gigantic trust on earth... the invisible government by the money power, proven to exist by the Money Trust investigation, will be legalized."

The Great Depression and numerous recessions later, it is obvious the Federal Reserve produces inflation and federal debt whenever it desires, but not stability."