Information on the Federal Reserve Bank
The FED began with approximately 300 people, or banks, that became owners
They were stockholders purchasing stock at $100 per share of Fed Banking System
These stocks are not publicly traded, the profits are distributed to its shareholders
They make up the international banking connection, of wealth, beyond comparison
The FED banking system collects billions of dollars, in interest, annually from U.S.
Congress gave the FED the right to print money, (through the treasury) (Fed Act 1913)
The FED creates money from nothing, and loans it back to us, through banks w/interest
Owners of the Federal Reserve Banks
|Rothschild Bank of London
Rothschild Bank of Berlin
Lazard Brothers of Paris
Israel Moses Seif Banks of Italy
Chase Manhattan Bank of New York
Warburg Bank of Hamburg Germany
Lehman Brothers of New York
Kuhn Loeb Bank of New York
Goldman, Sachs of New York
Warburg Bank of Amsterdam
These Bankers are connected to London Banking Houses (Rothschilds)
Which, ultimately, control the Federal Reserve Banks
These banks control the New York FED Bank, which controls the other 11 FED Banks
First National Bank of New York
National Bank of Commerce, New York
Chase National Bank, New York
National City Bank, New York
Hanover National Bank, New York
These individuals, own banks, which, own shares in the Federal Reserve Banks
J. P. Morgan (Equitable Life/Mutual Life)
The 12 Federal Reserve Banks are owned by member banks within the District.
(Contrary to popular belief, no individuals own shares of Federal Reserve banks. According to Jayne Fox, Assistant Vice President of Corporate Relations at the Atlanta Federal Reserve, only member bank corporations may own shares.)
A group of bankers, funded and staffed Woodrow Wllson's campaign for President
He had committed to sign this act. In 1913
Senator, Nelson Aldrich, grandfather of the Rockefellers
Pushed the Federal Reserve Act, through Congress, just before Christmas
When much of Congress was on vacation
Wilson passed the FED ACT. Later, Wilson remorsefully replied
“I have unwittingly ruined my country”
The bankers financially back sympathetic candidates.
Not surprisingly, most of these candidates are elected
The bankers employ members of Congress on weekends (T&T club) lucrative salaries
The FED started buying up the media in the 1930's (news papers, radio, TV, cable)
The FED now, owns, or significantly influences, most of it
President Lincoln, Jackson, and Kennedy tried to stop this family of bankers
By printing U.S. dollars without charging the tax payers usury (interest)
The 1992, taxpayers paid the FED banking system, $286 Billion in usury, on debt
Forty percent of our personal federal income taxes goes to pay this usury
The FED's books are not open to the public. Congress has yet to audit it.
Congressman Wright Patman, Chairman of the H.R. Committee on Banking & Currency
Itroduced legislation, to repeal the Federal Reserve Banking Act of 1913 (defeated)
Congressman Henry Gonzalez, Chairman of the House Banking Committee
Introduced legislation to repeal the Federal Reserve Banking Act of 1913, (defeated)
The media remains silent, and the public never learns the truth
The chief figures at Jekyll Island were
Senator Nelson Aldrich (the Rockefeller's) head of the National Monetary Commission
Frank Vanderlip, president of National City Bank of New York
Henry P Davison, senior partner of J. P Morgan Company
Charles D. Norton, president of First National Bank of New York
Paul Warburg of Kuhn, Loeb and Company (author of draft Federal Reserve bill)
Col. Edward Mandel House (becomes President Wilson's unofficial advisor)
a Texan "connected" to the London banking establishment by virtue of his father's Civil War exploits as a blockade runner for the Confederacy.
Rep. Louis T. McFadden
McFadden was Chairman of the Committee on Banking and Currency
Quoted from the Congressional Record **(I have shorten the Quotes)**
"The Federal Reserve Board has cheated the Government of the U. S. & people of the U. S. out of enough money to pay the national debt several times over”.
McFadden continued, "They are private credit monopolies, which prey upon the people of the U. S. for the benefit of themselves, their foreign/domestic customers. This is a time of economic misery, and the Federal Reserve is fully liable for the conditions that caused that misery" (Depression Years-1930's)
McFadden continued, "Every effort has been made by the Federal Reserve Board to conceal its power, but the truth is, the Federal Reserve Board has usurped the Government of the United States. It controls everything, here, and it controls all our foreign relations. What the Government has permitted the Federal Reserve Board to steal from the people should now be restored to the people.”
McFadden continued, “The Federal Reserve Act should be repealed, and the Federal Reserve banks having violated their charters, should be liquidated immediately. Faithless government officers, who have violated their oaths, should be impeached and brought to trial"
McFadden continued, “If the media is unbiased, independent and completely thorough, why haven't they discussed the FED. Currently, half the States have at least a grass roots movement in action, to abolish the FED, but there's no press coverage.”
Rockefeller, through Chase Manhattan Bank, controlled 14.1 % of the stock in CBS
Rockefeller, through Chase Manhattan Bank, controlled 6.7 % of the stock in ABC
4.5 % of the stock in NBC (through RCA, the parent company of NBC)
Chase Manhattan Bank holds stock in 28 broadcasting firms
It only requires 5 % of ownership, to significantly influence the media
To control the media, FED bankers call in their loans, if the media disagrees with them
Rockefeller also controls the Council on Foreign Relations (CFR)
Purpose of CFR is to stimulating interest in foreign affairs and a one world government
Nearly every major newscaster belongs to the Council on Foreign Relations
The Council on Foreign Relations controls many, major newspapers and magazines.
Corporations owned by FED shareholders are the source of huge advertising revenues
Eliminate the FED
***(not sure if this is true)***
By law, (check the Congressional record) we can buy back the FED
for the original investment of the FED's 300 shareholders, which is $450 million
The people, who enacted the FED, started the Internal Revenue Service (IRS)
The government had to create income tax, to pay the usury expense to the FED's
The FED is illegal, per Article 1, Section 8 of the United States Constitution
Not one State legally ratified the 16th Amendment making income tax legal
If we eliminate the FED, we could balance the budget and cut personal income tax
why has the Congress allowed the FED to continue?
If a Congressman tries to abolish the FED, the banks fund the Congressman's opponent
The new Congressman will obviously support the FED
When Congressmen retire, political campaign funds are not taxed
Get elected and be a millionaire, if you vote right
the profit of the FED is not taxed, either
In The Past
During the Revolutionary War they tried to finance both sides in the American Civil War
Abraham Lincoln refused, and the south accepted
Many sources prove the bankers financed WW I, WW II, and Russian Revolutionary
Which helped Napoleon, Lenin, and Hitler come to power?
They financed both sides, from money created from nothing, and profited greatly
More wars create more debt, which means more profit to the bankers
The FED controls interest rates and the amount of money in the economy
These factors determine either economic prosperity or the lack thereof.
If you could predict future interest rates, inflation and deflation
You would know when to buy or sell stocks and make a bundle of money
The FED has a secret meeting to determine future U. S. interest rates
The Security Exchange Commission (SEC)
by law, (suppose to) stops insiders from profiting by privileged information.
the FED bankers routinely hold secret meetings, to profit by manipulation of the market
through interest rates and the amount of money they create
FED bankers also profit greatly from economic disasters like the depression
During depressions they buy up privet businesses, land & personal belongings
bankers create inflation, sell their stocks before the market crashes
then buy up the stocks at a cheaper prices. They admitted this to Congress
Congress consistently defeats balanced-budget amendments, In the past 30 years
Congress has raised our taxes 56 times and balanced the budget only once
Congress and the IRS do not have access to the financial records of the FED
Every year, Congress introduces legislation to audit the FED, and every year its defeated
For the owners of the FED to control the volume of money
they had to get the Gold away from our grandparents.
This was accomplished in 1933, when it became illegal for Americans to own gold
with threats of fines and imprisonments, by their President, Franklin D Roosevelt
said . . . "Elect, elect, elect, tax, tax, tax, spend, spend, spend, for the people are too damned stupid to understand"
Sympathizer with the Bankers, but turned against them in the last years of his rule
"When a government is dependent for money upon bankers, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes....Money has no motherland; financiers are without patriotism and without decency, their sole object is gain."
How it should work
The government prints money, debt and interest free, and circulate in economy
There is no tax levied to pay interest on the money
This is the system Lincoln used with his "Greenbacks", a system Kennedy desired
How it works
We allow the bank to print $500 billion in currency (cash)
The bank only pays for the cost of printing, ink and paper
We do not charge the bank any interest, for use of the $500 billion
The bank uses the $500 billion cash to buy $500 billion in government bonds
The bonds pay the bankers interest. The bank keeps some of the bonds
And sells, for a fee (10%), some of the bonds to the public
The bank can buy back the bonds, from the public, simply by printing more money
The bankers can create inflation & depressions by the amount of currency in circulation
The FED operates like this today. It also prints money (through the U.S. Treasury)
The Bank uses this printed money, to buy loans from other banks
This money has created our inflation
We give the bank, cash, usury free, then, they charge us usury on our own currency.
Ben Franklin, answering a question about the booming economy, of the young colonies:
"That is simple. In the colonies we issue our own money. It is called Colonial Script."
Franklin added, "We issue it in proper proportions to the demands of the trade and industry."
H I S T O R Y
Bank of America
International bankers saw that usury-free script would keep America free
By 1781, banker-backed, President Hamilton succeeded in starting the Bank of America.
After a few years of "bank money" the prosperity of "Colonial Script" was gone.
"Conditions were so reversed that the era of prosperity had ended and a depression set in, to such an extent that the streets of the Colonies were filled with the unemployed!"
Bank money was like our FED money. It had debt and interest attached
By 1790, Hamilton and his bankers had created a privately, owned, central bank
Converting the public debt, into interest-bearing bonds, payable to the bankers
When Hamilton's bank charter expired in 1811, the bankers started the War of 1812
By 1816 another privately-owned U.S. bank was started it lasted for 20 years.
ANDREW JACKSON - A GREAT PRESIDENT!
When the 1816 charter expired, in 1836, Andrew Jackson vetoed its renewal
Then he gave two, famous statements:
"The Bank is trying to kill me - but I will kill it!"
"If the American people only understood the rank injustice of our money and banking system - there would be a revolution before morning...."
ABRAHAM LINCOLN – A GREAT PRESIDENT!
President Lincoln needed money to finance the Civil War
The international bankers offered him loans, at 24-36% interest
Lincoln balked at their demands, because he didn't want to put us into such huge debt
Lincoln approached Congress about passing a law to authorize the printing of money
"We gave the people of this Republic the greatest blessing they ever had - their own paper money to pay their debts..."
Lincoln printed over 400 million "Greenbacks" (debt and interest free)
The international bankers didn't like it and wanted Lincoln to borrow the money
After Lincoln's assassination, the government revoked the Greenback law
Which ended Lincoln's debt-free, interest -free money
A new national banking act was enacted, and all money became interest-bearing, again.
JOHN F. KENNEDY – A GREAT PRESIDENT!
1963, Kennedy issued Executive order #11.110
This Executive order called for the issuance of a new currency (United States Note)
$4,292,893,815 of this currency was put into circulation (interest free)
After Kennedy's assassination, this currency was withdrawn from circulation
The media remained silent, on how Kennedy would have eliminated the debt/the FEDs