The Seminole Wars lead many to hate Andrew Jackson. I am not suggesting that his involvement should be ignored.

Nonetheless, when he was President of the United States, he saw how a central banking system could hold a country hostage, and completely ignore the constitutional safeguards of any democracy.

He threw the financiers of the Second Bank of the United States out of the United States at a time when we, as a nation, could have been easily destroyed economically.

Please note, that after President Andrew Jackson took actions against the rechartering of the Second Bank of the United States, they tried to do precisely that. If President Andrew Jackson had not taken action, we, as a nation, might not be here.

Below is a description of what occurred during an emergency summit of EU leaders, in July, 2015, in Brussels. I present it because it is modern day example of what Jackson was fighting.

German Chancellor Angela Merkel demonstrated, with such brutal clarity, how a central banking system can destroy the economic stability of any country, and most importantly, do so without having been elected by the citizens of the country they target.

The next paragraphs continue on with German Chancellor Angela Merkel.

To skip them, and go on to Andrew Jackson, please click here.

Angela Merkel blockades Greece, without using a navy.

Recently, German Chancellor Angela Merkel became the chief belittler of Alexis Tsipras, the current Prime Minister of Greece. She was also the driving force, and captain of the cheer leading squad, behind the demands, by the ECB, that Greece engage in extreme austerity programs. She even promoted a campaign, directed at the Greek electorate, to dispose of their Prime Minister at the upcoming election. An extensive media campaign demanded the Greek voters capitulate to her demands, prior to her giving approval for Greece to obtain any further loans, from any bank associated with the Switzerland based central banking system. That meant that every bank in the world, would, as a result of a thinly veiled threat from the BIS, decline to provide Greece credit.

The voters declined her offer, so her strangle hold escalated. Access to credit from suppliers of food, medicine, and every basic necessity was prohibited. The use of Euros to pay vendors for such products produced outside of, and imported into Greece was also prohibited, unless approved by a Ministry of Finance commission. That process could take weeks, or months.

The sovereign Greek nation found itself under an embargo, just as complete as it would have been, with the use of a naval blockade. The nation was, prior to capitulation, running very short of everything.

Greece could only borrow money from the ECB. (European Central Banks are charter banks to the Bank for International Settlements.)

The austerity programs Merkel required were severe, and included breaches of contracts, with its employees, and the laying off of thousands more. Above all, Greece had to guarantee that all payments, for any internal programs, or budget items, of any sort, would become subordinate to the payments of principal, and interest, for their existing, and future loans. "Pay us first, before you pay anyone" was her theme.

The previous austerity programs, imposed some years earlier, had already been shown to be counterproductive. Those programs diminished the national productivity rate, and may have been the cause for Greece to be at risk of providing their next interest payments.

Greece was now driven into an even deeper recession. Angela Merkel, the Chancellor of Germany, was also the lead in preventing negotiations related to the forgiveness on any of Greece's previous loans. I find her attitude, and actions to have been despicable.

Merkel's actions are a re-run of what happened in the United States, over one-hundred eighty years earlier, when the Second Bank of the United States threw the country into a deep recession. The bank's administrator intended to make United States President Andrew Jackson capitulate to the bank's economic policies, for the United States.

If a democracy acquires burdensome debt, their nation may be dictated to, by their lenders. Their lenders possess no constitutional protections, unless the nation's representatives gather in a central location, where they are persuaded to create, and subsequently enact, legislation beneficial to their lenders. Those were not his exact words, but they are quite similar.

Prior to the formation of the Second Bank of the United States, there had been two attempts to form a national bank. Neither had been particularly successful. Objections to the existence of a national bank, during the early stages of building our nation, were related to the personalities, and associations of the individuals attempting to obtain, and maintain their involvement.

A new nation, even as young, and asset poor as the United States, required sources of capital. The established European banks were well aware of the opportunities the new nation would provide, and all were anxious to become established there. They all provided individuals to lobby the nation's legislators to establish a national bank.

If a national, or central United States bank was established, its Board members would be far too likely to place the needs of a European bank, over the needs, and goals of the United States. If there were wealthy individuals, within the United States, and the nation might approach them for capital, they too would likely be aligned with established European banks. Inevitably, there would be continuous attempts to establish a new central bank.

With one, there would be a limited number of individuals that must be approached, when ever the United States needed to borrow money.

President Andrew Jackson was, by no means, a timid man.

He resisted the establishment of any bank that could dictate policy to the new country's Executive, and Legislative branches. He had come to the conclusion that the newly formed Second Bank of the United States' growth, and its potentially deleterious impact, upon the country, was inevitable.

Utilizing executive action, he denied the rechartering of the bank.

In retaliation to Jackson, the bank's administrator, named Nicholas Biddle,

contracted bank credit, and induced a serious, and protracted financial down turn in the United States economy.

It was the beginning of what came to be known as the Bank War. Biddle's reaction to the President's actions confirmed Jackson's concerns over any national, or central bank's capabilities of exercising excessive power.

Nicholas Biddle, a single individual, within a single powerful bank, was capable,

and willing to inflict injury upon the United States, due primarily to a personal grudge, with its chief executive. Ignoring the widespread financial crisis, the Second Bank of the United States pursued a tight credit policy in order to coerce Congress into resuming the fight for the central bank's rechartering.

A reaction developed throughout America's financial, and business centers against Biddle's economic warfare. The Bank's decline, and fall ended in 1841, with the liquidation of the institution's assets. Jackson's campaign against the Second Bank of the United States had triumphed.

Nonetheless, the problem did not go away. It returned far larger; more powerful; more threatening, and on an international scale. Merkel represents them, today.

Image Credits: The image above is from Kens Burns' documentary
called "The War". I claim no ownership to it.

The map above is, of course, about a period of time over one hundred years later than the discussion of Biddle, and Jackson. It should, however, demonstrate that the European bankers can always be found in the middle of major disputes, and while all types of horrors are taking place around them, they are left unscathed.

It shows the diminishing control of Europe by the Third Reich, but dead center to the conflict sits Switzerland, and their bankers. A country with few active solders, and less likely to fend off the Nazi blitzkrieg than any around them, yet they were not harmed. There has to be a motive for the Nazis to leave them alone. There, of course, is one. They were the source of Nazi funding.

During the time of Biddle vs Jackson, they were intensely interested in seeing the operations of the Second Bank of the United States continued. The knew they were the United States' primary source of credit, so they put serious pressure on the banks administrator to demonstrate that they were capable of influencing internal policy making, as well as foreign policies.

Nicholas Biddle, a single individual, the administrator of the Second Bank of the United States, and under the pressure, and control from Europe's powerful banking industry, ramped up his treachery. His actions would be more accurately described as treasonous behavior.

His actions were described by U.S. industry as "The Bank War"

During the financial "Panic of 1819", a banking crisis, and economic recession, critics charged that the Second Bank of the United States was to blame by deliberately creating a "tight" credit policy.

Biddle seized upon an opportunity to put serious pressure, and demands upon the U. S. Government, as well as all the nations commercial banks.

In late 1818, $4 million of interest payments on the bonds previously sold in 1803 to pay for the "Louisiana Purchase" were due. Biddle influenced how the payments were to be made.

As the Government's fiscal agent, the Second Bank of the United States was required to make this payment on behalf of the United States Government.

The Second Bank of the United States, under the administration of Nicholas Biddle, demanded, and forced the private commercial banks that had been lent money in the form of "fiat" paper, to now repay in specie form. This meant they must pay in either silver, or gold. This non-fiat form of payment would then be sent to the European Banks to pay the interest payments. This action was assessed by many as a no confidence vote regarding U.S. currencies.

Nicholas Biddle's demands forced the U.S. Government to get its hands on additional amounts of silver, or gold.

Biddle also knew that he would be reducing the United States' stocks of specie, so if the commercial banks could not back their fiat currency loans to their clients, with specie, they would be seriously limited in the quantity of loans they would be able to provide to U.S. industries.

Nicholas Biddle, demands for specie also provided currency speculators the opportunity to suggest that the European banks demand for specie, rather than the U.S. Government fiat currencies were of questionable value.

This created a sudden contraction of the country's monetary base, radical reductions in available credit, and rampant speculation, and trading in U.S. currencies. This is what led to the financial "Panic of 1819".

The actions of Biddle were demonstrative of the European banking industry's willingness to strangle the life out of our new nation.

This pattern was not, even back then, nothing new. An amusing, yet exhausting, reality is that the bankers could injure, and even succeed in the destruction of a nation, with only a threat delivered either by a simple letter, or the personal delivery, by one of their emissaries.

The nations they fund are so often goaded into classic military actions, when attempting to either defend or prosecute their nation's survival. When there is a need for military actions, they do not come cheaply. So where does the nation go to fund their military needs? To the same banking industry.

The above describes why, and the reasons, I wanted to include Merkel's despicable delivery of the banker's message to Greece. She, and whomever are her accomplices, needed to insure that Greece, and the world of nations, knew they are, and would remain in charge. No required naval blockade, nor drones from the sky need be deployed. All they needed was a professional quality microphone, a professional quality video camera, a forum, an audience to give validity to the forum, and a vicious bitch to deliver their message.

To observe this bitch's true nature, and compare that nature to what I wrote about how banks consider any nation's expenditures to be unnecessary, unless to pay their debt service, read a "Social expenditure" section in Wikipedia about her.

Merkel delivers the messages from the BIS, and the European Bankers. She is their good little girl, and rising star.

From the author of: The Survival Guide For The One Percent

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