|Nation of Islam: Echoing White Anti-Semites
"The Federal Reserve is owned by... the Jews. You go back to the
Rothschilds, and you go back to a lot ofthe early Jews that are in that financial system."
This spurious allegation was among the many voiced by
Khalid Muhammad of the Nation of Islam (NOI), in his infamous harangue at Kean College in
New Jersey late in 1993. NOI leader Louis Farrakhan, in a March 19, 1995, speech, was more
"The Rothschilds financed both sides of all the European wars. They always
wanted to get their hands on the Central Bank of America. And they finally did. On Dec.
22, 1913, Congress passed into law the Federal Reserve Act.... [T]he international bankers
took control of the money by taking control of the Central Bank of America, the Federal
Farrakhans words echo the conspiracy tracts
advertised in extreme right publications such as The Spotlight of the anti-Semitic
Liberty Lobby and those of the anti-Semitic and white -supremacist "Identity
church" movement. Indeed, all of these varied hatemongers could have sat
comfortably alongside one another in the audience at Howard University on February 23,
1994, when Malik Shabazz (a warm-up speaker for Khalid Muhammed) shouted sharp
questions while more than a thousand persons responded in a manner reminiscent of the
"Who is it that controls the Federal Reserve?"