The recent bailouts were a blessing for the American people. Never before had a chairman of the Federal Reserve System Board of Governors looked Congress in the eye and said the reserve is not part of the American government and it owes no explanation for where the bailouts went!

How could Congress, the authority that authorized the Fed, take this affront sitting down? It certainly was quite a moment when Ben Bernanke told Congress that where the money went was none of its business.

Really? Four trillion taxpayer dollars? None of our business? What an eye-opener.

President Woodrow Wilson signed the Glass-Owen Bill that founded the Federal Reserve System in the U.S. into law in 1913. He later came to regret signing the bill, saying, “I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit.

“Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world, no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men.”

As international banker Nathan Rothschild said, “He who has the gold, makes the rules!”

I never knew the global bankers were the fourth branch of government.

Robert Bruce Acheson, Dixfield

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