The Right to Bear Debt

"Slaves were shackled by iron, tenants were shackled by debt." -- Jada Thacker, June 2017.

This blog is my own reflections of a recent article posted by Dr. Jada Thacker, Ed.D., a professor of History and Government at a college in Texas, on June 23, 2017 at [linked here]. The title of his article is "Deep History of America’s Deep State". Yes, the article is long. No, it can't be converted to a 140-character tweet. No, there is no Youtube version. It is an in-your-face, "history by the victors" dirty exposure that would have saved me a lot of time in high school if only there had been a World Wide Web back in 1975 instead of the state-provided, Rockefeller-funded U.S. history garbage that I was forced to read and fall asleep over. And, yes, you should read it. And teach it to your children. It might make you mad and ruffle your feathers especially on this day of patriotism, July 4th. I can't help that but I do hope these words will touch the hearts of any who long for real freedom and liberty.

Dr. Thacker's bottom-line message is this: the Founding Fathers comprised the original American Deep State. The original Constitutional Convention of 1787 came together, not because these virtuous men were driven by some divine vision of godly freedom, but as a response to the recent bloody uprisings of the American Debtor Class against her own American Merchant-Lender overlords. The debtors had figured out that nothing incites fear and loathing into an oligarch as much as a blazing torch and a well-sharpened pitchfork.

The colonists who arrived on eastern shores were oligarchs, let's face it. Ironically, many of them considered themselves to be Christians. Here they were, standing on pristine North American soil, with the sublime chance to follow their Master's example by overthrowing the moneychanger system. If they really had believed in true Edenic values of Liberty and Freedom, that's what they would have done: repudiate the concept of Debt absolutely.

But they didn't. The Mayflower passengers, and others, arrived with European coinage jangling in their pockets. Either wittingly or unwittingly, they were about to wash-rinse-and-repeat the same old Babylonian Bankster cycle.

There are some obvious omissions in the author's story, and I have assumed that was an intentional editorial choice for the sake of brevity. Rogue Money readers are enlightened enough to fill in the holes. One of those holes that we constantly cover here is the ever-present play of the Hegelian Dialectic. In the case of early American history, the Problem--> Reaction--> Solution protocol is all too obvious. The Moneychangers from London-Amsterdam-Venice-Babylon aren't stupid. They already knew that their time-honored formula had never failed them before the 17th century, and it certainly wasn't going to fail them now.

The Birth of the Government Bond

For a moment, I will digress from Dr. Thacker's article to provide a bit of financial background to the 17th century. It might surprise some to learn that the hallowed Bank of England is a relatively recent creation. It was chartered in 1694 as a response to England's desperate need to build a navy and respond to French threats. I say "hallowed" with tongue-in-cheek, because wouldn't you know it but the original location of the Bank of England was later discovered to be an ancient site of a Roman temple of Mithras. Gee how 'bout that, huh?

The Bank of England was being birthed at just about the same that the first debtor revolts were taking place in the Colonies, as will be laid out farther down this page. Another irony that the Colonists would discover after fighting their own war of revolution was that they, too, were bereft of a navy. How thankful we are that European money-powers would prove to be Johnny-on-the-spot with lots of loans and resources to help the new nation begin her adventure of unpayable debt and military build-up at the dawn of the 19th century. {/sarc}

Who exactly launched the Bank of England? What were its initial reserves? This article on the subject of government debt explains how easy it is to launch a "bank" filled with make-believe promissory notes. Those of us familiar with the story of the murky meetings on Jekyll Island two hundred years later which birthed the Federal Reserve will feel a sense of deja vu:

The creation of the first central bank in England—an institution designed to lend to the government—was initially an expedient by William III of England for the financing of his war against France. He engaged a syndicate of city traders and merchants to offer for sale an issue of government debt. This syndicate soon evolved into the Bank of England, eventually financing the wars of the Duke of Marlborough and later Imperial conquests.

There it is, the greatest weapon of financial destruction ever devised by human-hating priesthoods for thousands of years: the interest-bearing government bond. Now you'd think that if the American colonists really hated the monarchy so much then surely they wouldn't stoop to using that same economic weapon in their New World of "freedom and liberty." But nothing could be further from the truth. We are all right now passing through a moment in history when that weapon has reached atomic-cloud proportions.

"Not Worth a Continental"

Dr. Thacker reminds us that freedom isn't free, in fact, it really doesn't exist at all once you tack on an interest rate.

Farmers in Virginia had been rebelling against the crushing debt burdens owed to men who would prove to be the actual forebears of the Founding Fathers since 1676 -- a full hundred years before the ride of Paul Revere. Every decade of the 1700's saw wave after wave of debt rebellions as that same Babylonian Bankster formula began working its magic on the New World.

At the risk of bursting the July 4th patriotic fervor today, let me liberate you of the false notion that the success of the Revolutionary War resulted in instantaneous rainbows and sunshine of freedom. The Revolutionary War produced the same thing that wars always produce: a pile of paper debt held by the 1% whose burden is passed on to the plowshares. Daniel Shay's rebellion in Massachusetts in the summer of 1786 is a perfectly predictable outcome of the situation.

The Massachusetts legislature had levied a tax on the citizenry in March of 1786 to raise money that was really intended to land in the laps of the bond-holders of the Revolutionary War debt. But this was a tax that nobody could pay due to the shortage of real money. The Continental dollar was practically worthless which is why we have the expression today of "not worth a Continental." Sound familiar? Wealthy bond-holding families like the Quincys and Adams lent even more money to the State (with interest of course!) to raise a militia to fight the farmers' "democratic" rebellions. Yes, the very same families who had turned Boston Harbor into a giant tea-pot only 13 years earlier in their supposed fight for "liberty".

But what the history books don't tell you is that the "liberty" that the Massachusetts moneychangers were fighting for was the "liberty" to crush the debtors, foreclose on their land, and create laws to maintain the comfy status quo, and build up an ever-enlarging power base. Dr. Thacker writes:

"Liberty for a common farmer meant staying out of debt. Liberty for merchants and property owners meant retaining the ability to lend or rent to others and access to the power of government to enforce monetary repayment from debtors and tenants."

The Convention of 1787 was really called to come up with a way to restore a semblance of order so that the merchant banker class could get society's Producers back to work and their own class could get back to the business of creating family wealth. Dr. Thacker writes:

The urban bond-holding merchant-class in Boston and elsewhere panicked. And none panicked more than bond speculators, who intimately understood the rebels threatened their “virtuous” republican “liberty” to extract profit from others. Historian Woody Holton exposes the astonishing callousness of one of America’s major bond speculators in his nationally acclaimed Unruly Americans and the Origin of the Constitution.

Another rich bondholder and speculator, ex-Revolutionary War General Henry Knox (the fitting namesake of Fort Knox, the famous repository of gold bullion) wrote an alarming letter to his former commander George Washington, accusing the Shays’s rebels of being “levelers” (which was the closest term to “communists” then in existence). He informed Washington that the country needed a much stronger government (and military) to prevent any riffraff challenge to the elite. His message was not wasted on General Washington, America’s richest slave owner.

In response to the threat of populism, the “virtuous” elite reacted decisively – not to remedy the plight of debtors, of course – but to secure their own profits from them. Accordingly, in 1786, five states sent delegates to meet at Annapolis, Maryland, just as Shays’s Rebellion veered into revolution. This unelected minority called for Congress to authorize a convention to be held in Philadelphia the next year “for the sole and express purpose of revising the Articles of Confederation.” The Articles were never to be “revised.” They were to be scrapped altogether by the Deep State.


A (fictionalized) debate on debt between Secretary of State Thomas Jefferson (Stephen Dillane) and Alexander Hamilton (played by British actor Rufus Sewell, before he portrayed Obergruppenführer John Smith in Amazon's The Man in the High Castle in the 2008 HBO mini-series John Adams)

And thus America began her long tumble of boom-and-bust cycles down to this day. Dr. Thacker does not go into the dark shadows of the European banking system that were ready to emerge into the light at just the right moment. But we know the story. Junius Spencer Morgan was born into this very Massachusetts debt quagmire in 1813. He became a partner with City of London bankster, George Peabody. To Junius a son would be born named J.P. Morgan. The wealthy merchant moneychanger class of the 1700s evolved into the skyscraper-clad conglomerates of Wall Street.

These men and hundreds like them knew full well how to wield the curse of Bonds and War. Only one hundred years after Junius' birth, America added another layer of iron to its shackles by democratically passing the Federal Reserve Act that quietly created a central bank that is itself subject to those European banking interests who are still calling the shots today.

Double-Edged Sword

In conclusion, I'll leave you with this section of Dr. Thacker's hard-hitting truth bomb. It leaves us with a picture of the nascent United States as nothing but another experiment launched by the old debt-creation priesthoods. The author recognizes that the men in charge of the Convention wanted nothing to do with populism. Sooner or later, "democratic" rebellions always come after you with torches and pitchforks. But that constant magnetic opposition is what keeps the Deep State rolling.

The tricky task of the hand-picked delegates was to hammer out a radical new system of government that would superficially resemble a democratic republic, but function as an oligarchy.

William Hogeland’s excellent Founding Finance, recounts the anti-democratic vehemence expressed at the Convention: “On the first day of the meeting that would become known as the United States Constitutional Convention, Edmund Randolph of Virginia kicked off the proceedings […] ‘Our chief danger,’ Randolph announced, ‘arises from the democratic parts of our constitutions. … None of the constitutions’ – he meant those of the states’ governments – ‘have provided sufficient checks against the democracy.’

No wonder they nailed the windows shut. It should be no surprise that the word “democracy” does not appear once in the entire U.S. Constitution, or any of its Amendments, including the Bill of Rights. Accordingly, the Constitution does not once refer to the popular vote, and it did not guarantee a single person or group suffrage until the adoption of the 15th Amendment in 1870, over 80 years after ratification. The Preamble aside, the Founders used the phrase “the People” only a single time (Art. I, Sec. 2).

It has been suggested the word “democracy” had a different meaning then than it has now. It did not. “Democracy” to the Convention delegates meant the same thing as it does today: “rule by the people.” That’s why they detested it. The delegates considered themselves the patriarchs of “republicanism,” the ideology that rejected participation in government by people like their wives, servants, tenants, slaves, and other non-propertied inferiors. No doubt, the delegates passionately disagreed on many things, but the “fear and loathing” of democracy was not one of them. Then or now.

It's true. And odd conversion took place in America during the 20th century as "democracy" came to be the buzzword that described her style of government. A friend of mine sets this conversion around the time that Franklin D. Roosevelt was president. Curiously, this conversion coincided with the rise of power of the Federal Reserve, the re-design of the reverse of the $1 bill, and the abandonment of the gold standard. But at the birth of the nation, democracy was the last thing that the Founding Fathers wanted to see grow. No matter. By the time 1935 rolled around, the Powers That Be had learned how to wield "democracy" as a double-edged sword which, when used cleverly, would just cement their power base by keeping the game in play.

One thing that Dr. Thacker doesn't address in his article is, again, that age-old dialectic. Yes, democracy is bound to spark another revolution, and yes the 1% Class eventually realizes that the jig is up, and then somebody says "Ok let's sit down and hammer out some kind of government we can live with..." and then some new society gets invented and the cycle starts all over again. But that's how the Priesthood works: keep the two opposite "poles" of energy always pitted against each other. Unfortunately, that outpouring of energy only serves to move the Priesthood's football down the field towards a goal-post of their own devising.

As long as you, the collective human society, continue to accept the notion that one human has the right to impose debt on another human, the Babylonian Bankster's game will remain in motion and the Deep State will always be ready to come to the aid of that Priesthood.

My contact information with link to my Karatbars portal are found at my billboard page of Listen to my radio show, Bee In Eden, on Youtube via my show blog at


Bankster Slayer

"When I look back on all the crap I learned in high school, it's a wonder I can think at all." -- the "Kodachrome" song by Paul Simon, 1973

I grew up in a quiet, small, city east of the San Fernando Valley, Los Angeles County, in Palmdale, California. I'm not quite old enough to remember the assassination of JFK, but do remember the assassination of Brother Bobbie on an early summer's day. I was finishing up my first grade at the elementary school just up the street from our suburbia house. Maybe that was when I became self-aware that something wasn't right. When I saw the events of that day unfolding on our new color TV, I remember a thought passing through my 6.5 year old mind. And silly me assumed that everybody else was also holding this same belief because it seemed so obvious to me:


"The President and his brother must have been killed by the same people."

I don't know how a little first-grader was able to come up with that conclusion. That certainly wasn't the sort of idea you would expect to be rumbling around the brain of a little kid. But it kept rumbling in mine and still does, to this day.

The people of my generation passed through the Space Race, the Vietnam War, Watergate, the Disco Era, Yuppies, the World Wide Web, and Irrational Exuberance. Throughout this entire period, a relentless Matrix Machine has been whirring in the background of our lives, unnoticed and largely unchallenged. In fact, that Machine has been whirring for centuries.

I guess it was inevitable that the 6.5 year old kid who once questioned the official doctrine of the Kennedy assassinations would one day swallow her own Red Pill. And so I did, following the 2008 Crash, as I watched the financial lives of my parents and myself collapse into disaster as the equity of our homes evaporated into the dry Arizona air.

I finally came to that moment as have so many readers and contributors of Rogue Money, that day when you finally stop and ask "Why did this happen?" I started reading, researching, listening. Gradually the bricks of The Matrix began to crumble. The monstrous beast was no longer hidden from view. 

And so I join this team of writers and readers who are all trying to Slay the Bankster Beast in their own way. We carry on with confidence because no Evil has ever stood forever against the onslaught of Truth. Undaunted, we move forward.

You will find that my contributions to the Rogue Money web site will focus on the deep history that created The Matrix in the first place. In other words, you won't find any opinion forthcoming on this-or-that presidential election ... unless you are talking about the overthrow of regimes 2- or 3- thousand years ago. In that case, I might be interested!

I make no apologies if what you hear steps on the toes of a long-cherished paradigm. I am just A Messenger. In fact, you will find that my blogs will invite your comments to provide additional pieces of information that perhaps you may have gleaned from your own research. I have many holes that need filling.

You've been told what, how, when, and where to think your whole life. I leave it up to you to exercise your own Mind and take appropriate Action to slay the monster for yourself.

My own web site, Twitter page, Facebook and some-time blogs are found here if you care to visit: 
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