This book covers chrologically the evolutionary development of privately owned banking from the time Jesus formed a scourge of cords and drove the moneychangers out of the Temple to the present trillion dollar bailout of Wall Street. In sequence it covers the cunning concept of reserve lending which the Goldsmiths of the 17th Century evolved, through the centuries that the Rothschild's dominated Europe to the foisting of the Federal Reserve System on this nation, spear-headed by Paul Warburg of the German Banking House of Warburg and Sons. There is documented historical coverage of private banking in this nation with all its devastating affect on the lives of the people. Covered are the heroic efforts of men like Congressman Charles Lindberg, father of the Lone Eagle, Congressmen Patman, Congressman McFadden and Congressman Rarick who introduced impeachment resolutions to return the issue of money and credit to the American people as specified in the Constitution. The author doesn't leave the reader in a open sea of distress but outlines proposals that would erect a national haven of ecomic justice, political sovereignty, full implementation of human rights, and a society devoid of indebtedness and violence. The proposal is a National Cooperative Commonwealt
The author, 93 years young, is a lifetime activist for social change. He is author of Challenge to Crisis, There is a Way!, Blueprint for Survival and The Price of Truth. All four books, especially this current book Scourge of Cords, document the devastating abuse by the privately owned Federal Reserve System.