Killing the Banking Beast
Jane H. Ingraham
The New American
Vol 10, Number 18 September 5, 1994
The Creature From Jekyll Island, by G. Edward Griffin, Appleton, WI:
American Opinion Publishing, Inc., 1994, 608 pages, paperback, $19.50.
(For ordering information, see end of article.)
Has it ever occurred to you that the federal government has no need of
taxes for revenue? Are you aware that banks prefer leriding to
governments because governments seldom repay loans? Do you realize that
if all debts, both public and private, were paid, there would be no money
at all in circulation?
These are only a few of the startling facts that fill the pages of this
illuminating expose of the Insider scam called The Federal Reserve System
(Fed). Although author G. Edward Griffin admits to having wondered if
another book on the Federal Reserve is necessary (his six pages of
bibliography suggest that the subject may have previously attracted
attention), it is unlikely that any book has ranged across 2,000 years of
money and banking from Diocletian to the Rothschilds to Alan Greenspan --
and tied it into the new world order -- as thoroughly as The Creature
From Jekyll Island.
Griffin cuts through the obscurities about the Fed that are intentionally
meant to mystify and disarrn its victims (all of us). Convinced that the
subject of money and banking is too arcane and complicated to understand,
we victims are trapped in a world view that utterly fails to jibe with
reality. The money manipulators, says Griffin, are exploiting our
ignorance for the advancement of their own appalling plabs; the urgency
of awakening us to our danger has driven Griffin to write this
Although Griffin has never held an academic position, he is a top-notch
teacher. Making this little-understood subject simple by splendid
organization, his account is divided into six sections with varying
numbers of chapters; each section and chapter is introduced by a concise
paragraph while each chapter is also summarized. Thus the reader is kept
in touch with where he has been and where he is going, an ingenious and
helpful device considering the enormous scope of Griffin's narrative.
His explanations and definitions are meticulously worded; one can sense
the care with which each word was chosen, leaving no room for confusion.
Griffin continually draws documentation from primary sources, quoting
letters, speeches, and published works that both enlighten and horrify.
His own writing is difficult to quote; lt is so trenchant that nearly
every sentence entices. Yet at the same time Griffin has mastered the
art of speaking personally to the reader, who never loses the feeling of
being directly addressed. All this adds up to a superbly clear,
engrossing book that, once started, is impossible to put down.
Setting the Stage