Ben Bernanke admits that the Federal Reserve caused the Great Depression

In a moment of rare candor, Ben Bernanke, chairman of the Federal Reserve, made the following comment in a speech on November 8, 2002, honoring the 90th birthday of Milton Friedman:

Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve. I would like to say to Milton and Anna: Regarding the Great Depression. You’re right, we did it. We’re very sorry. But thanks to you, we won’t do it again.

Here is the complete speech: http://www.federalreserve.gov/boarddocs/Speeches/2002/20021108/default.htm

Bernanke Attacks Ron Paul’s Audit the Fed Bill

Federal Reserve Open Market Committee Chairman Ben Bernanke is pulling out all the stops to kill legislation sponsored by Congressman Ron Paul to audit the Fed, this time with a November 29 op-ed column in the Sunday Washington Post. by Thomas R. Eddlem

Source: Bernanke Attacks Ron Paul’s Audit the Fed Bill

An insightful article into the political dimension of current economic problems

This insightful article is from the Sydney Morning Herald, August 28, 2015.

Why we need to lie to ourselves about the state of the economy

Governments are unwilling to tell the truth about the magnitude of the economic problems, the lack of solutions and cost of possible corrective actions to the electorate.

Source: Why we need to lie to ourselves about the state of the economy

Great Myths of the Great Depression

“Great Myths of the Great Depression” is a fascinating analysis of the Great Depression. The popular myth is that laissez faire policies caused the Depression and government intervention was what finally ended it. Lawrence Reed points out that the Federal Reserve “presided over a dramatic contraction of the money supply that began late in the decade [of the 1920s]. The federal government’s responses to the resulting recession took a bad situation and made it far, far worse.”
Read the full story here: “Great Myths of the Great Depression”

This is the hour to keep the flame

Dear Friends of Saint Germain and El Morya who keep the flame in America and the world,

I am so grateful that each of you gives your daily decrees, calls and prayers for the turning around of the economy of America. This is a letter of encouragement from my heart to yours. Sometimes it is good to pause in the midst of the battle to collect one’s thoughts and to consider why we are doing what we are doing.

Some of you have told me of nights when you were unable to sleep and so you sat up in bed in the silence of the night and made your calls, or you arose, went to your altar and you prayed fervently for the deliverance of our nation from the clutches of the fallen ones. Wanda and I have also had those sleepless nights. Just know that you are never alone. Perhaps we are each taking turns as the angels wake us up to give those calls for the economy by the hour.

Surely our beloved ascended masters are also meeting at inner levels around the clock to stem the tide of the darkness that is currently out-picturing seemingly everywhere you look.  Truly now is the hour to hold the vision for America, her divine plan and the Golden Age that has been prophesied. It is not a time to despair or lose hope. As our beloved Master El Morya has told us,

Beloved ones, you can maintain the bonding of our oneness in this octave if you absolutely refuse to entertain despair.  Despair is hopelessness.  It is self-doubt and fear of God. Therefore let Love endure.  Let Love endure as a fire that burns in the heart.

Pearls of Wisdom, vol. 33, no. 13, April 8, 1990

Now is the hour to keep the flame upon the altar of being and to fan the fires of the heart until they become white hot coals of the Christ consciousness that the masters can use to ignite souls for the victory and to bring in the Golden Age culture of the Divine Mother.

Let us not forget the generations that are to come, your children and your children’s children who will inherit this ungodly economic mess and the astronomical debt that will be placed upon their backs unless we turn things around. Let us not forget the education of the young souls—the families, children and youth. These must not be lost but must be educated to take their place on the stage of life. Teach them of the cause behind the effect and the power of the Word to overcome. Teach them of the flame within their heart and the consciousness of the Christ, the hidden man of the heart who lives within each man, woman and child.

The ascended master Godfre, our own George Washington, knew some dark and desperate hours in the founding of the nation of America. He has encouraged us to educate the youth and the people of our nations. He said on October 12, 1974:

There must be the education of Ascended Master youth at Ascended Master Universities.  There must be the preparation of souls of Light to take their place in government, in law, as statesmen not as politicians.  Let the great statesmen arise once again in America! Let them arise and proclaim the liberty of the American people from the Luciferian bankers, from the Illuminati, and from that Federal Reserve System!  Let them proclaim freedom. And let the coining of this nation’s money be in the hands of the people and in the hands of their representatives in Congress.

I say, then, it is time that you decreed fervently for the exposure of that lie that surrounds the entire Federal Reserve System and the tie-up of this nation’s economy with world banks and world bankers that are attempting to draw the entire energy focused in the heart of America down into the darkness of total selfishness and annihilation.

When nations are governed by the ascended master consciousness, when they place as priority the education of the children according to the principles of the Christ and for the purpose of the realization of the potential of the Christ, when nations uphold the Mother Flame and the torch of liberty for all, then you find the highest development of science, of industry, an industry that is refined as an adornment of the flame and of the soul, an industry that does not squander the energies of Mother Nature and then impose upon her many body temples the perversions, the pollutions, the impurities as a desecration.

You see, then, that in the midst of a culture that is destined to be a divine culture in America, that there are those who have come forth in the grossness of greed to take that flame and to use it to precipitate poisons and impurities for the destruction of the body of the Mother, which is the body of each one.  You see, then, that America must be freed of the impostors who pretend to have the interests of the people at heart, but do not.

Pearls of Wisdom, vol . 52, no. 17, September 1, 2009

Our beloved Knight Commander Saint Germain asks us to bring the full fire of Jophiel’s illumination into education and the economies of the nations. In his 1984 dictation Saint Germain said:

We must bring the full fire of Jophiel for illumination in every walk of life—from education to the economies of the nations. The wisdom of the Cosmic Christ must saturate, and it must come upon the people, regardless of whether or not they themselves have put in the time and the energy for individual attainment or attunement with God. It must come because the mantle of the office of the Messenger and the mantle of the office of the chela does hold the flame.

This is the meaning of being a Keeper of the Flame: to keep the flame of individual self-mastery on behalf of those who do not have it yet and who, left to their own, would not perceive or receive the inner workings of the Law or bring back to their outer selves that which they have learned at inner levels.

Thus, we keep the flame for you by overshadowing you with our Electronic Presence, by helping you to draw down your I AM Presence so that you will receive the intimations of the Great White Brotherhood hourly and daily in your service. Understand, therefore, how important it is to lend your mantle to your brothers and sisters who, feeling that sacred fire and that Light, will desire to come to the fount and drink for themselves.

Pearls of Wisdom, vol. 28, no. 12, March 24, 1985

Beloved Godfre made a plea for our ongoing invocations that we “might be the instrument of the flow of energy and the flow of ideas being released by this special economic council of Ascended Masters meeting in Darjeeling.”  Let us not weary in well-doing but let our calls be heard at any hour of the day or night as we fan those freedom flames on behalf of Saint Germain and Godfre and El Morya!

Attached is a call for the Councils of the Thirteen—Hierarchy’s appointed rulers in each nation. This call was adapted from a dictation by beloved El Morya.

Friends of Freedom, from the beginning we were winning!  Do not forget to call upon the Mighty Mantles of beloved Mother and Lanello and to beloved Archangel Michael who will move mountains on our behalf if we will but make the call.

In the freedom flame of Saint Germain, we serve united as one body in Christ,

Rev. Gene Vosseler

Call for the Councils of the Thirteen in Each Nation

The dangers of fiat currencies

Here is an opinion piece from the Sydney Morning Herald proposing new look at gold standard. The article is entitled “It may be struggling now, but you can be certain the greenback will be the last to go.” The author, a professional money manager, points out the inherent dangers of fiat currencies.

Predictions of the imminent collapse of the US dollar are unfounded, writes Michael Trifunovic.

Source: It may be struggling now, but you can be certain the greenback will be the last to go

All things are possible

Dear Friends of Saint Germain,

Our beloved Knight Commander, the ascended master Saint Germain, has told us that all things are possible in God!

All things are possible to you in God! All things are possible unto you as you study my teachings for the Aquarian age and put them into practice in your daily life. Yes, all things are possible unto you when you reject defeat and accept your victory in every arena!

I remind you , as I reminded the Israelites when I was embodied as the prophet Samuel, “Hitherto hath the LORD helped us!” Yes, the LORD has helped us in the beginning, he has helped us in the middle, and he will help us in the ending.

Thus, I gather you today, even as I gathered the Israelites at Mizpah. I ask you, as I asked them, to forsake your false gods and at the same time to make a pledge to me, if you will. I ask you to pledge to me that you will not allow this age to go down into base materialism or into a dark age or into the depths of Death and Hell….

And my angels will escort many souls from around the world who are not in attendance here to gather at the Cave of Symbols in their finer bodies tonight that they also may make this pledge to me. For when millions of souls make this pledge to me in earnest, then, beloved, I will have their combined momentum, multiplied by the heavenly hosts, to save this planet and this people.

Therefore, by your free will, stand and be counted! For you can make this Opportunity your own and you can make this Victory your own!

Now, concerning world events, you are all players on the stage of your country and of your civilization. I tell you, beloved, my determination to have this victory is great and my vision is vast. May yours be the same.  And when it comes to bringing in the golden age, do not take no for an answer. If you must, knock on the doors of heaven night and day for dispensations that will assist me in fulfilling the dream of heaven and earth to make the golden age of Aquarius a reality.

Pearls of Wisdom, vol. 39, no. 8, March 2, 1996

As always we do appreciate your prayers and support as our small team does handle some energy in doing this work. My beloved wife Wanda helps me in holding the balance as always and we both appreciate your prayers so much.

From the beginning we were winning!

In the freedom flame of Saint Germain we serve,

Rev. Gene Vosseler

Lessons from the French Revolution

Here is a revealing research paper about the French Revolution which was first presented at the International European Conference of Keepers of the Flame in Paris, France, in August 2009. It is significant in looking at the economy in that it addresses some of the basic issues that we are dealing with today as well as revealing the strategies of the fallen ones then and now.

We see that the intellectual currents that were instrumental in what took place during the French Revolution are alive and active today. Our universities are permeated with the doctrines of scientific humanism and moral relativism and a profound lack of eternal absolutes. The clear lesson is that the realm of ideas is the most important arena for turning things in a positive direction, and spiritual work must support that effort.

A Spiritual Perspective on the French Revolution