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Senator WILEY. Mr. WARBURG. Senator WILEY. Senator SMITH of New Jersey. Mr. WARBURG. I wanted to bring out, if I could, Mr. Warburg's position on these things, and the relation to other proposals. Were available 24/7. I will be creating a thread/post compiling TONS of admitted quotes by the NWO architects themselves (Kissinger, Rockefeller, Brezenski, ect), from their OWN PUBLICATIONS, that detail and outline their plan advocating for the creation of a one world . Senator WILEY. But, parallel, to that, that is why I brought in Senator McMahon's proposal, I think we can do a great deal to create the limits within which the world community can grow and become possible, and I think the Senator hit the nail on the head with his proposal, except as I say he hitched it to another proviso. He wrote that Americans were obsessed with a fear of centralization.. He was a member of Temple Emanu-El in New York City. I believe them to be solublebut not by the adoption of any hastily conceived formulas, and, above all, not without exploring patiently and carefully what is in the minds of other peoples, who, while friendly to us, do not share our historical background nor our particular political or economic prejudices and predilections. Senator McMahon proposed that we create some facts of our own. In 2011, the Vatican cardinals issued a document calling for a world Authority (with a capital A) to impose controls on the global economy. on Resolutions relative to the United Nations charter, Atlantic Union, World Federation, etc. I have given considerable study to these problems. I don't think we have won the battle for the minds of men, I think we are in the process of losing it, sir. A one-world government would be the biggest government humanity has ever seen. I think that is all this resolution commits us to, to search for a mechanism to create the rule of law. Anger at banks? He also made substantial contributions to the Warburg Library in Hamburg, founded by his brother, the art historian Aby Warburg; he gave a hall known as the American House to Heidelberg University; and he made generous donations to the Academy of Political Science in Berlin.[2]. Does evil really exist? Thank you, Mr. Chairman. That condition is that only those nations shall be eligible to participate in the plan whose peoples have made known their will to accept the rule of lawnot merely in the field of atomic weapons but in the whole field of international relationsto the degree necessary in order to outlaw force, or the threat of force, as a method of settling disputes. They do not want to have this mass of deposits controlled by a few people., Warburg had stumbled upon the original American conflict, debated first by Hamilton and Jefferson, of federalism versus anti-federalism. Paul Kerchum, 31st Infantry, B Company member, as one of the last survivors of the Bataan Death March during World War II. In order not to trespass upon your time, Mr. Chairman, I have left a number of gaps in the presentation of the suggested modification of the McMahon proposal. Thus, the 5-year program would cost us 30not 50 billions. Senator, I think you have put your finger on the primary reason why this resolution is necessary. Anger at Washington? Every freedom-loving person anywhere in the world must reject the attempts by governments, non-governmental organizations, and multinational corporations to lead us into the abyss of a globalist hell on earth. Help us continue to be a voice for truth in the media by supporting CBN News for as little as $1. We must make sure that whatever we do, it does not go out to the public that at long last we have found the magic something that is going to bring peace on earth. It does not include images; to avoid copyright violations, you must add them manually, following our guidelines. The united determination of the majority of the world's peoples to establish a rule of law and thus eventually to free themselves from the burden of armaments and from the overhanging fear of annihilation; and. Warburg said that in the next panic Stillman would regret the lack of a central bank; Stillman left in a huff. One of the things I think we have been doing too much, is that we have stopped ourselves from getting started in the right direction because we then say, conveniently, Oh, well, the other fellow won't do it anyway, so what's the use.. And, when you talk about creating a world government, you mean, I presume, that not simply the mechanism, but that the parties to that will live and die with the instrument; that they are ready to live and ready to sacrifice and ready to carry it through. The present European recovery program, the point 4 program, atomic energy development and, presumably, all other programs of economic rehabilitation and development would be combined in this single over-all plan. Others say they have the mechanism. It never occurred to us that the principle, which we recognized as valid with respect to atomic weapons, was equally valid with regard to all weapons. As he wrote of the Fed, I feel for it, in a sense, as I would for my child.. His efforts were successful in 1913 with the founding of the Federal Reserve System. Thats why we view every news story through the lens of faith. This proposal falls into two parts: the proposal itself, and the conditions upon which it was put forward. This criticism seems to me wide of the mark. Llewellyn H. Rockwell, Jr., "The Real Secrets of the Temple". Did you cast your vote for any of the members of the Council on Foreign Relations? Call (800) 700-7000 or request prayer. During the pandemic, we saw how easily global governance organizations like the World Health Organization can be bent to the will of a coercive power like Communist China. The oppressive reign of the Antichrist is the goal toward which the globalists are working whether they know it or not. A world government is a world without borders, national sovereignty, constitutions, privacy, autonomy, individual liberties, religious freedoms, private property, the right to bear arms, the rights of marriage and family and a dramatic population reduction (two thirds). Mr. WARBURG. This would in no way preclude private investment. Would you care to comment on Senator Tydings' suggestion that the President call a disarmament conference to deal with that as the immediate problem before us, before we get to Senator McMahon's proposal? In times of financial stress, each bank seeking to protect itself would pull back on credit, accentuating the general scarcity, causing interest rates to soar. Our budget is heavily out of balance. If there were such a thing as a world government, we would be better prepared [to fight disease outbreaks]. These yearning utopians make an unthinking assumption that their world government will be run by people of goodwill. "[16], The Aldrich Bill, however, did not become the Federal Reserve Act. Paul Warburg, "The OwenGlass Bill as Submitted to the Democratic Caucus: Some criticisms and Suggestions", Last edited on 26 February 2023, at 08:52, New York Times: "Bettina Warburg Grimson; Psychiatrist, 90", Paul Warburg's Crusade to Establish a Central Bank in the United States, Statements and Speeches of Paul M. Warburg, https://en.wikipedia.org/w/index.php?title=Paul_Warburg&oldid=1141691713. Now, the thing I am trying to bring out in my questions is, that no mechanism will do the job unless there is a willingness and intent on the part of the peoples to carry it through. Let us, then, present, the Kremlin with a fact far more powerful than our decision to develop and manufacture ever more horrible weapons of destruction. If any resolution is passed, all it does is to suggest to the President who, under the Constitution, has responsibility for our foreign relations, that we want him to keep on exploring to see if we can do something to antidote the Russian influence. Senator SMITH of New Jersey. In 1907, just as Warburg had predicted, a panic virtually shut down the banking system. Yet even such a regime can, in the long run, be brought to accept new facts which alter the conception of its own self-interest and self-preservation. If the policy suggested by Senator McMahon is a wise policy for the United States to pursue, why must it be made conditional upon any Russian action? Warburg quickly concluded that the fault lay in Americas lack of a central bank. [1][2], He encouraged GermanAmerican cultural cooperation, helping found the Carl Schurz Memorial Foundation in 1930 and serving as its treasurer from May 1930 until his death. Warburg was born into a wealthy banking family, proprietors of M.M. Freed from its own myopic, penny-pinching fears, our Government can use this proposal to end the long nightmare in which we have been living. Mr. WARBURG. The cartoon character, Oliver "Daddy" Warbucks in the Little Orphan Annie series, was purportedly inspired by Warburg's life and times. It would not change the structure of the United Nations at all. Though his status as a foreigner, and a Jew, made him suspect in the eyes of many of his peers, Warburgs brilliance gradually won him acceptance. Mr. Chairman, I am here to testify in favor of Senate Resolution 56, which, if concurrently enacted with the House, would make the peaceful transformation of the United Nations into a world federation the avowed aim of United States policy. But it will, at long last, chart our own goal and enable us to steer a straight course toward a clearly seen objective. Rand Paul and Ted Cruz, if either lands in the White House, clearly intend to downsize the Feds charter. Many of his contemporaries regarded him as the chief driving force behind the establishment of America's central bank. Greg Laurie Explains Why Understanding Bible Prophecy Is So Essential, Christian Ex-Cop Fights Back After Resigning Over Social Media Post About 'God's Design For Marriage', Revival Goes Nationwide, Hits Theaters After 'Jesus Revolution' Film as Well as ORU, Portland, Ohio State, YWAM Founder Loren Cunningham Diagnosed with Stage 4 Cancer, UK Lawmakers Demand Stricter Pornography Laws to Combat 'Epidemic' of Violence Against Women. in our hearts, we know we should do. Its opponents today are more mainstream. All right, how are we going to, by having this mechanism, change the ideological approach of these people? Taken together, these two facts would exert a mounting pressure toward cooperation upon the Kremlin. Mr. WARBURG. We embarked, in 1947, upon a wholly negative concept of extending economic and military aid wherever needed to contain Soviet-communism. It is, therefore, fair to say that the adoption of the McMahon plan without any conditions whatever would probably not add more than four or five billion dollars a year to our expenditures. The speech delivered in the United States Senate on February 2, 1950, by the Honorable Brien McMahon, may well go down in history as the turning point in postwar United States policy. To him, Americas banking system resembled a town in which each household had a backyard well but lacked a general water supply. Like so much corporate sponsored advertising, this CFR ad features powerful liars once . No; because I don't think we alone are capable of thinking that out. We have to find the mechanism which will enable us to substitute the rule of law for the rule of anarchy in the world. He interrupted work there to undertake a world tour during the winter of 18911892. What we need to do is to outlaw war itself. ***Please sign up forCBN Newslettersand download theCBN News appto ensure you keep receiving the latest news from a distinctly Christian perspective.***. I was not here but three weeks, Warburg said, before I was trying to explain to myself the roots of the evil.. But, as to Russia, the trouble has been that we have been letting the Kremlin create the existing facts. Globalized power leads inevitably to globalized corruption and oppression. This led President Truman to speak of our vast imponderable resources and to think in terms of technical advice rather than financial assistance. The only reason I am interjecting this angle is because, as you have heard today, two Congressmen have intimated that the passage of one of these resolutions would be unconstitutional. He is Chairman of Smith & Nephew plc, Partner of Clayton, Dubilier & Rice, and Chairman of Clayton, Dubilier & Rice Europe, a private equity firm. You are not assuming that all the other folks on the earth are going to run us, are you? Conflict in the minds of men has been generated through centuries of hate and competition between people for material wealth and political domination. Self-conscious of his imperfect English and his status as a newcomer, he left his paper to sit in his desk for four years. We should get together with the other nations, which are willing to share our purpose to create the rule of law in the world. Senator McMahon's proposal recognizes the need for channeling the whole program through the United Nations. I don't think one needs to answer that question at the present time, sir. It was "a source of great satisfaction", he wrote, that both the Democratic and Republican parties had come to embrace the type of plan for which reformers like him had been campaigning.[23]. That is the political approach. Sen. Warren has criticized the Fed for being too cozy with banks; apparently her anger at banks trumps her well-advertised empathy for consumers. We have so far been attempting to deal with isolated parts of the world economy without an over-all concept or plan. What I have in mind is that it is not a mandate because under the Constitution this is a question of foreign policy. This is something like a community which decides to outlaw murder by the use of firearms, enacts a law to that effect, and hires a policeman to enforce it, but leaves murder by knives, hatchets, and poison to the discretion of individuals. He similarly worked for Samuel Montague & Company, bankers, in London in 18891890, and the Banque Russe pour le Commerce Etranger in Paris in 18901891. Mr. WARBURG. Explicitly, as to economic assistance itself, Senator McMahon's proposal corrects three major errors in our present procedures: 1. Paul Warburg was the largest advocate for creating The Federal Reserve. As far as I can see today, the next thing I would do would be to explore with the other nations, and as I said in my statement, particularly with a nation like India, what the common ground is on which we could reasonably hope to build a pattern on which they could live and we could live, each keeping the things we cherish. Massive concentrations of power tend to attract narcissistic personalities who are bent on using that power for their own selfish ends. [8], Upon arriving in New York in 1902, Warburg drafted a critique of the American banking system, which he thought was insufficiently centralized. That is all I had in mind, Mr. Chairman. Also available on most smart TVs and streaming services.