Born: April 17, 1837
Died: March 31, 1913
JP Morgan looms in our history as a powerful banker with a penchant for railroads. It is true that by 1902, Morgan was the world's most powerful railroad tycoon and managed thousands of miles of track across America. Morgan also formed US steel, General Electric and controlled through consolidation a vast amount of America's industrial strength. Morgan's household name dominated the news. The public loved him or hated him, but no one would ignore him. He stands alongside Rockefeller and Rothschild as one of the three titans of monopoly finance. Unfortunately for America, JP Morgan used his cunning genius to conspire against the very Republic that gave him so much opportunity.
Morgan teamed up with Rockefeller and the British Rothschilds to create the third central bank of the United States. The first two attempts at a central bank had failed. Thomas Jefferson killed the first one and Andrew Jackson killed the second. Both of these attacks on America's finances were orchestrated by agents of the London Rothschild banking house, but now with famous and trusted Americans at the helm, the third attempt would succeed.
It was at JP Morgan's estate on Jekyll Island that Morgan arranged a secret meeting to work out the banking scheme that President Wilson would eventually sign. They planned to take over the printing of America's money and charge our government interest to borrow it. This scam put private banks with private shareholders behind the facade called the Federal Reserve. But they never told the Americans who the private shareholders of this Federal reserve scam were: the banking houses of Rothschild, Rockefeller and Morgan.
The scam worked. The American people had no idea they were just sold into slavery by fellow Americans pretending to help them. JP Morgan got rich and his legacy gets richer today while good Americans suffer the consequences of his traitorous deeds. Thomas Jefferson would spit on Morgan's grave.
Today, Morgan has operations in more than 50 countries. In the 2008 economic meltdown, JP Morgan Chase came out relatively unscathed and in 2010 emerged as the second largest US bank by asset size. Good for Morgan, bad for Main Street.
Key Quote: "If you have to ask how much it costs, you can't afford it."