By Jim Strutzin
How are the Federal Reserve and Titanic Connected?
Shrouded in mystery and speculation, the sinking of the Titanic has many strange coincidences and strange occurrences surrounding it. One of the conspiracy theories surrounding the Titanic sinking involves the highly debated Federal Reserve. Established as a private establishment in 1913, it acts as the government’s central banking system. Built in response to prior financial panics and bank runs in accordance with the Federal Reserve Act, the Federal Reserve has the following powers and responsibilities:
Conducting the nation’s monetary policy by influencing monetary and credit conditions in the economy in pursuit of maximum employment, stable prices, and moderate long-term interest rates.
Supervising and regulating banking institutions to ensure the safety and soundness of the nation’s banking and financial system, and protect the credit rights of consumers.
Maintaining stability of the financial system and containing systemic risk that may arise in financial markets.
Providing financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nation’s payments system.
Conspiracy theorists believe that many of the proprietors of the Federal Reserve were part of an Illuminati, a group of enlightened ones behind a New World Order in charge of overseeing certain events to establish themselves in places of power. Among these people that theorists believe to be part of this group were present in both the events of the Federal Reserve as well as the Titanic.
In 1910, seven men met on Jekyll island just off the coats of Georgia to plan the Federal Reserve Bank. Nelson Aldrich and Frank Vanderclip represented the Rockefeller (Illuminati) financial empire. Henry Davidson, Charles Norton and Benjamin Strong represented J.P. Morgan (Illuminati). Paul Warburg (Illuminati) represented the Rothschilds (Illuminati) Banking dynasty of Europe. The Rothschilds were the banking agents for the Jesuits and hold `the key to the wealth of the Roman Catholic Church.’
According to theorists, the plan for the Federal Reserve was set in motion, but experienced some opposition to its creation. Three of the richest people in the world opposed the Federal Reserve in the United States because they knew the repercussions of a private institution dictating the monetary trends within the country. These people were Benjamin Guggenheim, Isa Strauss, and Jacob Astor; all of which were aboard the Titanic when it sank.
Read more: http://jimstrutzin.hubpages.com/hub/Titanic-Conspiracy-and-the-Federal-Reserve