Monday, November 1, 2010

The Fed at Jekyll Island: 100 Years Later, They're Baaack!

Well isn't this cute?

Just days after the Federal Reserve will announce it has launched QE2, the Fed will hold a major conference at  Jekyll Island, celebrating the secret meeting held there 100 years ago that resulted in the creation of the Fed.

The island isin the Atlantic off the coast of Georgia.

In November 1910, Senator Nelson W. Aldrich and Assistant Secretary of the Treasuryt A.P. Andrews, and other top financiers, arrived at the Jekyll Island Club to discuss monetary policy and the banking system. The secret meetings led to the creation of the Federal Reserve.

Forbes magazine founder Bertie Charles Forbes wrote several years later:
Picture a party of the nation's greatest bankers stealing out of New York on a private railroad car under cover of darkness, stealthily riding hundred of miles South, embarking on a mysterious launch, sneaking onto an island deserted by all but a few servants, living there a full week under such rigid secrecy that the names of not one of them was once mentioned, lest the servants learn the identity and disclose to the world this strangest, most secret expedition in the history of American finance. I am not romancing; I am giving to the world, for the first time, the real story of how the famous Aldrich currency report, the foundation of our new currency system, was written... The utmost secrecy was enjoined upon all. The public must not glean a hint of what was to be done. Senator Aldrich notified each one to go quietly into a private car of which the railroad had received orders to draw up on an unfrequented platform. Off the party set. New York's ubiquitous reporters had been foiled... Nelson (Aldrich) had confided to Henry, Frank, Paul and Piatt that he was to keep them locked up at Jekyll Island, out of the rest of the world, until they had evolved and compiled a scientific currency system for the United States, the real birth of the present Federal Reserve System, the plan done on Jekyll Island in the conference with Paul, Frank and Henry... Warburg is the link that binds the Aldrich system and the present system together. He more than any one man has made the system possible as a working reality.
EPJ has obtained the agenda of the Fed meeting that will celebrate the 100 year anniversary of the secret meeting.

On November 6 of this year, Federal Reserve Chairman Ben Bernanke will speak on 'Federal Reserve: Past and Present' before the 'A Return to Jekyll Island: The Origins, History, and Future of the Federal Reserve' conference hosted by the Federal Reserve Bank of Atlanta at the Jekll Island Club Hotel.

The conference opens a day earlier on Friday, November 5, when Federal Reserve Bank of Atlanta President Dennis Lockhart gives welcome remarks.

Also at the conference:

Federal Reserve Bank of Philadelphia President Charles Plosser will moderate a discussion of a paper, 'To Establish a More Effective Supervision of Banking: How the Birth of the Fed Altered Bank Supervision'

Federal Reserve Bank of Cleveland President Sandra Pianalto will moderate a discussion of a paper, 'The Promise and Performance of the Federal Reserve as Lender of Last Resort 1914-1933'.

Federal Reserve Bank of Dallas President Richard Fisher will moderate a discussion of a paper, 'Where It All Began: International Trade, the Market for Acceptances, and the Making of Lending of Last Resort in Britain'

Federal Reserve Bank of St. Louis President James Bullard will moderate a discussion of a paper, 'From Passing Legislation to Building an Institution: Perspectives on the Early Years of the Federal Reserve System'

Federal Reserve Bank of St. Louis President James Bullard will moderate a discussion of a paper, 'The Fed from the Treasury-Fed Accord (1951) until the End of Monetary Targeting (1982)'.

Federal Reserve Bank of Richmond President Jeffrey Lacker will moderate a discussion of a paper, 'The Recent Financial Turmoil: New Directions for Monetary Policy Analysis'.

Federal Reserve Bank of Chicago President Charles Evans will moderate a panel on 'The Role of Research in Monetary Policy Deliberations'.

Federal Reserve Bank of Minneapolis President Narayana Kocherlakota will speak on 'Policy and Asset Bubbles'.
Needless to say, nothing good can come out of a conference of Fed members talking to each other after just launching QE2 and who will be "inspired" by the historic Jekyll Island location and the 100 year celebration.

Given that the current Fed chairman loves new "tools" by which to inflate the currency and that the conference will be about discussing new tools and old, these guys will be re-enforcing each others mad thinking that they can micro-manage the economy without creating dangerously high inflation. They will think that they were not directly responsible for the recent boom-bust cycle,even though Alan Greenspan created it with his mad money printing. Scary.


  1. This announcement would have been better made on Oct 31st -- Halloween! After all, the Fed's infamous creation at Jekyll Island will ultimately go down in history as one of the great horror stories of all time! What sick irony, huh?

  2. This conference is depressing on many levels. I can't help but see this meeting as anything but disrespectful slap in the face to anybody that is not an investment banker.

    The first meeting in 1910 was a ultra-secretive affair designed to lay the ground for a system of bailouts for the anti-free market hyper rich. This second one is more like a celebration that this evil scam has been going on for almost 100 years.

  3. I wonder if the anti christ has been invited?

  4. The Federal Reserve... they're so hot right now!

  5. America needs to give the job of money handling and control back to the treasurey department and out of the hands of greedy private company bankers!

  6. Its a propaganda piece OTHERWISE YOU WOULDN'T KNOW ABOUT THE MEETING. You people need to wake up and know when they are screwing with you. With the level of rage and anger at the Fed, do you think they would announce the date and place of their Big (?) meeting? Its a sideshow, and I'm sure 95% of americans will swallow it up like bait. The question is WHY did they announce this now, and what are they really up to. Focus on that riddle but first turn your brain ON!!!

  7. Any way to sneak in? I'd sure want to participate in that event...

  8. These are the bastards who are SOLELY responsible for our current economic condition. Are we going to let them have this meeting without voicing our opinion? Watch The Money Masters on Youtube!

  9. What an incredible evil enacted against the American people who do not have a clue for the past 100 years! Brilliant!! Everyone should read the book by Edward Griffin called " The Creature from Jekyll Island".. A true revelation....

  10. so who wants to speculate? i have also read that their charter runs out in 2013, which will be the year the bankers introduce either the amero or the world currency... this is obviously and important and symbolic meeting either way.

  11. I hope the whole island sinks into the ocean on the day that they are there. I can dream can't I?

  12. The Federal Reserve banks are one of the most corrupt institutions the world has ever seen. There is not a man within the sound of my voice who does not know that this nation is run by the International Bankers.
    - Congressman Louis T. McFadden, 1934

  13. assholes...thanks for not printing my comment.

  14. A distraction from the G20 meeting November 11-12, 2010 in South Korea? This is the one to watch gang!

  15. Agreed. No good can come of this. Clearly, after a century they've run us aground, awash with the corruption which continues to be xposed on a daily basis.

    First they take the people's money to 'bail' themselves out - more likely what someone of the legal profession might endeavour to call 'extortion'.

    Then they refuse to extend personal and small business credit to those very same people.

    Add a dash of mortgage fraud and you've got the perfect recipe for getting rid of the middle class.

    Guess they have to figure out what to do with the derivatives reaching over 4x annual global GDP. Hmmm... anyone laid claim to Mars yet?

  16. This same group has been stealing from your saving for the last 100 years by call it inflation!

    They have so far bought almost our politician army general and our mass media!

  17. You'll notice it is not called Hyde Island.

  18. To dogismyth... why do you believe it is propaganda? I'd really like to know so I can turn my brain on.

  19. To dogismyth... why do you believe it is propaganda? I'd really like to know so I can turn my brain on.

    They are so arrogant they can tell you they are celebrating there 100year anniversary of their secret origin and there is nothing anyone can do about it. The bill creating the Fed was passed on Christmas Eve with hardly anyone in congress and this bill gave unlimited money creating powers to a cartel of banks.
    Read Griffin's "Creature of Jekyll Island" to see what this is all about. Pray Ron Paul gets to have a say in what happens next.

  20. Correction, they know they were directly responsible for the boom and bust cycles. They've artificially created them all for profit.

  21. they not only control our currency but the rate of pay back and the irs puppets.
    we should only have a single usury fee for mortgages. ex:7% usury fee - borrow 100k pay back 107k and that would free up enough capital to stoke this country back to top dog.

    let's not forget jfk and executive order 1110.

  22. Maybe the Islamic group that likes to send bombs could send a few over there when the meeting takes place.

  23. When is someone gonna cut off John Paulson's balls...

  24. We need the gold standard back and we need it NOW! Are we just gonna sit here and post stupid little comments or is each of us in our own homes using our knowledge of what is happening through the Fed Res Syst to safe gaurd our own wealth. Cause a viral buzz! Inform!!! Do not use credit and abolish what loans and credit cards you have. I know the Fed Res Syst is global now, IMF/Central bank, but we don't have to play their credit game.

    Once al the big companies and ALL the governments become so tremendously in debt to the IMF/Central bank then what? What happens American Citizens when our government can't pay their debt to the real leaders? When the heads of the IMF/Central bank and the Federal Reserve decide they are ready to establish socialism? When they come to collect and they will not rollover and will not extend and will not modify? Americans, is this then when we finally try? How do we start to bring back what the constitution stated so clearly and lets do it now!

  25. Powers Behind JFK Assassination Expanded Edition book has an excellant history of the creation and running of the Federal Reserve. Abbie