The Pujo Committee: A Clever "Psyop" That Led to the Federal Reserve System

 FULL ARTICLE + PHOTOS
https://realnewsandhistory.com/pujo/

In fulfillment of the 1906 "prophecy" of Jewish Bankster Jacob Schiff, there came a crash / bank run known as The Panic of 1907 -- a crisis which was actually mitigated by the deep pockets of Anglo Bankster J. P. Morgan. For the purposes of "studying" the causes of the crisis and making recommendations to avoid it in the future, the "progressive" Republican President Teddy Roosevelt established the National Monetary Commission in 1908 The convened cabal was chaired by Senator Nelson Aldrich (R-RI) -- a banking agent and the maternal grandfather of the five famous Rockefeller Brothers.

Between 1909 and 1911 (the infamous Jekyll Island secret meeting took place in 1910), Aldrich's shady commission issued a series of reports suggesting that the United States model its monetary system after those of Europe (surprise surprise). The final report, issued in 1912, ultimately proposed a plan to establish a "National Reserve Association." This scheme later came to be known as "The Aldrich Plan." Because the Commission's proposal had to appear "bipartisan", the final report was unanimous -- signed by the Commission's Republican and Democrat members alike. Nonetheless -- in a nation which still understood the turbulent history of Andrew Jackson's epic "Bank War" which killed the Central Bank in the 1830s -- the "National Reserve Association" failed to win public support. This was partly because of its clear resemblance to a Central Bank, and partly because of popular suspicion as to the motives of its main author, Senator Aldrich.

Editor's Note: It appears to this historian that a good deal of the opposition to the original Aldrich Plan may have been part of the Anglo Republican Banker vs Jewish Democrat Banker rivalry. The Wilsonian finished product of 1913 saw the Jewish Paul Warburg (aka "Father of the Fed') placed as head of the New York branch of the "System" -- a position as powerful as the Fed Chairman himself.

The report triggered widespread and highly contentious discussion of banking reform. In July 1911, Congressman Charles August Lindbergh (R-MN) claimed that America'a secretive "banking trust" should be investigated. The matter became so controversial that, in the presidential campaign of 1912, even the wholly-owned banker tool Woodrow Wilson was compelled to voice his opposition to any plan involving a Central Bank. As was the case with America's previous "Bank Wars" -- (Jefferson vs Hamilton, Jackson vs Biddle, Tyler vs Clay) the Banksters were facing serious obstacles. To get their Central Bank (without calling it a Central Bank) would therefore require a clever "psyop."

1. The Panic of 1907 was engineered in order to create public support for another Central Bank. // 2. Senator Nelson Aldrich was the Banksters' point-man in Congress. // 3. Congressman Lindbergh (father of the famous aviator) tried to thwart their scheme. // 4. Anti-Central Bank cartoon depicts the Aldrich Plan (which failed to pass in 1912) as an Octopus Monster which would engulf the nation.

Congressman Lindbergh was granted his demand and an Investigative Committee was established on February 7, 1912. The investigation of the Money Mafia was placed into the hands of then chairman of the Banking and Currency Committee, Arsène Paulin Pujo (D-LA). One month in, Pujo's wife became ill, forcing him to take a leave of absence from the investigation. He was succeeded as Chairman by Hubert Stephens (D-MS). The Committee held hearings from May 1912, to February 1913, and released its final report in 1913. The group gave the country exactly the cut of "red meat" that was needed. The final report singled out individual bankers including Paul Warburg, Jacob H. Schiff, Felix Warburg, J.P. Morgan and other lesser known men for establishing: “a well-defined community of interest between a few leaders of finance which has resulted in great and rapidly growing concentration of the control of money and credit in the hands of these few men.”

But it was Morgan who was especially flogged and as the villainous money junkies were outed as "monopolists" acting in concert to control the banking system and corporate America. It is interesting to note that the "fall guy" Morgan, an Anglo financier and a Republican, caught hell from both the Committee's powerful Jewish Democrat lawyer (Samuel Untermeyer) and much of the Jewish-owned Yellow Press -- while Morgan's main Jewish business rival, Jacob Schiff, was only mentioned in passing. Morgan's son, J.P. Morgan Jr., and his physician later claimed that the stress and strain of it all had hastened Morgan's death in March of 1913, age 75. In July of 1915, Morgan Jr., who took over his father's enterprise, was shot twice by a politically motivated intruder, but survived. Interesting!

The Pujo Committee exposed how interlocking directorates connected the major banking houses to one another, allowing them to act in concert as a centralized Money Power. The public learned in more detail what it had already long suspected. The same key players had been serving on the Boards of Directors of multiple banks at the same time. Furthermore, Morgan, National City, First National, Guaranty Trust Co., and Bankers’ Trust Co. collectively held 341 directorships in 112 corporations and controlled over $22 billion in resources (1913 dollars). In the final report, the Committee recommended that additional regulations be applied to banks, clearing house associations, and the New York Stock Exchange.

ETHNIC RIVALRY AMONG FINANCIERS

The Anglo Republican (pro McKinley, pro-Taft) banker J P Morgan was set up as the national whipping boy -- an evil "Robber Baron." The greedy "capitalist" from the board game "Monopoly" is based on Morgan's image.

But the Big Jew Money Boys behind the 1912 candidacy of Democrat Woodrow Wilson (and 3rd Party spoiler candidate Teddy Roosevelt) were unscathed by the Pujo Committee and the establishment newspapers. -- L-R: Jacob Schiff, Bernard Baruch, Paul Warburg.

The existence of a Money Power was true, of course -- and revelations of its workings did not come as a surprise to most people. The clever trick lie in the fact that the Pujo Committee's findings would, in 1913, be used as the basis for inspiring public support for ratification of the 16th Amendment (the Federal Income Tax on "the rich") and passage of the Federal Reserve Act (forming the ULTIMATE monopoly!) that same year. The elite plutocrats were to be taxed and a "Federal Reserve System" would "decentralize" control of banking. Oh, that'll teach those "capitalists," a lesson, won't it?! The Establishment Press and even the Bankster tool and presidential candidate Woodrow Wilson were in on the phony "The People vs the Money Power" limited hangout psyop. This is Wilson writing in 1912 and publishing in 1913:

“Since I entered politics, I have chiefly had men's views confided to me privately. Some of the biggest men in the United States, in the field of commerce and manufacture, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they better not speak above their breath when they speak in condemnation of it.”

In reality, the middle class would, in due time, be heavily taxed as a PRIVATE Central Bank (set up by Warburg!) would create counterfeit debt-money out of thin air at never before seen levels. And the shareholders of this "System?" The same banks owned by the same monopolists targeted (for show) by the Pujo Committee! In short, the Committee -- for all of its grandstanding and public posturing against the hated "Money Trust" -- actually facilitated the Warburg-Schiff-Rothschild scheme to obtain exactly what they wanted. This was not by accident, but by design, a classic "Reverse Psychology" / "Brer Rabbit" psyop. Even A.I. (shaky on history) gets this one right: "The Pujo Committee's report created the conditions and momentum for the Federal Reserve Act to be drafted and eventually passed by Congress in 1913."

Oh, by the way, one of the members of Aldrich's National Monetary Commission -- a group whose unanimous recommendation for a National Reserve Association had been so soundly rejected due to skeptical public opinion in 1912 -- was none other than (drum roll please ..... ) Congressman Arsene Pujo! The 1913 Federal Reserve System, enabled by the Committee "psyop," was similar to the original Aldrich-Pujo Plan, but in a different package -- with at least 8 members of the 11-man Committee voting in favor of the Fed bill. The important distinction between the failed 1910 Aldrich / Jekyll Island Plan and the 1913 revised plan was that the former would have enabled a private Anglo Republican Oligarchy with a diffused 45-member board to manage the nation's lending and currency (definitely concerning) -- whereas the latter ended up facilitating a takeover by a private Jewish Democrat NWO Oligarchy with a 7-member board to manage the nation's lending and currency (absolutely terrifying!)

And now you know.

1. Congressman Arsene Pujo supported the Federal Reserve Bill. // 2 & 3. The Pujo Committee Report -- in revealing the secret connections among the big banks -- enabled Woodrow Wilson to now frame the Central Bank scheme as "People vs the Money Power."

UNLUCKY 1913

1. The Income Tax // 2. The Federal Reserve // 3. Wilson used phony populist claims of a "decentralized" and "Federal" system to sell his preferred version of the Central Bank.

Charles Lindbergh Sr. -- whose fierce objections to the 1910-12 Aldrich Plan led to its defeat as well as the formation of the Pujo Committee -- was not impressed by the "revised" proposal. He said (not entirely accurately) of the 1913 Federal Reserve Bill: "This is the Aldrich Bill in disguise." (* in 1932, his grandson would be kidnapped and then found dead, having been ritually drained of blood.)

 FULL ARTICLE + PHOTOS
https://realnewsandhistory.com/pujo/