The Federal Reserve© ‘All rights reserved’ as Ben Bernanke would like to say. **Read entire article inside Freedom Informant Network!**
First off, The Federal Reserve is not ‘federal’ at all, and THERE ARE NO RESERVES when the United States is engulfed in so much debt! This institution is a privately owned corporate bank and ~80% of the shareholders are foreign. Everything that is done within the Federal Reserve is done in absolute secrecy. The Federal Reserve was signed into office in 1913 by president Woodrow Wilson. Later, he resigned in 1915. After his resignation, he wrote the following in a resignation letter, although it’s considered a ‘questionable’ quote and deemed fake by skeptics.
“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world — no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.” — President Woodrow Wilson
John M. Cooper, a professor of history at the University of Wisconsin, tried to cover up his resignation letter and WROTE “I can tell you categorically that this is not a statement of regret for having created the Federal Reserve. Wilson never had any regrets for having done that. It was an accomplishment in which he took great pride.” I do not want to throw any pseudo facts out there, but I believe Wilson’s resignation letter got in the hands of the very people that promoted the propaganda of his presidential campaign to begin with. Cooper wrote numerous books that promoted propaganda for his presidential race, it’s no coincidence he would be the very person to conceal the resignation letter. Keep in mind, were talking about the telegram days.
President Woodrow Wilson published a book named The New Freedoms in 1911. This book became the momentum of his presidential campaign. The New Freedom comprises the campaign speeches and promises of Woodrow Wilson in the 1912 presidential campaign. They called for less government, but in practice as president he did the complete opposite. It is very clear that he was well aware of atrocity he signed in 1913 whether he was in favor of it or not. Wilson was indeed the ultimate puppet. Everything he wrote about was completely subliminal, mysterious, and abstract. The people believed he was addressing issues he would repel, however we can see today what the whole point of his campaign was to execute the plan. The quote above is said by some to be fake, but the writings inside of this book cannot be ignored by any skeptic.
This video highlights President Wilson’s political views from his book The New Freedoms that was published in 1911. President Wilson precisely describes the ‘New World Order’ as we know it today. Sadly, the American people were deceived.
Our founding fathers were well aware of private bankers from their affairs with Great Britain’s excessive taxation. A number of Federal Reserve shareholders reside in the UK to this day.
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The reason the banking system does not want a gold standard is because they want to inflate the fiat currency and control the circulation of money. They have already taken the bulk of gold and precious metals on the planet, and the wealthy men around the world own the majority of the gold mines. Executive Order 6102 is what is known as ‘the gold seizure of 1933.’ this law actually forbid having gold and people were forced to give it up to the federal government during a bloated debt bubble. After this incident, gold certificates were abolished and money became ‘legal tender of debt.’
When the ‘fed’ writes a check for Government bonds, they create money out of thin air. The Government then promises to pay back these checks [loans] with tax dollars [bonds]. This raises concern because the tax dollars are going straight into the pockets of federal reserve shareholders due to compound interest of these loans. All loans created increases the money supply, because money is debt. This is known as an inflation tax, because there will always be a need to increase the money supply due to interest tied to these loans. The interest on top of the total debt will always exceed the total money in supply, because debt IS money!
I understand, this concept might be a bit confusing, that’s why it’s completely unquestioned by most people. It’s the biggest scandal ever known to mankind. Please watch the video below, it will all make sense to you if it doesn’t already.
This is just a segment from a Peter Joseph film, the Zeitgeist Movie. This video explains how money is created, where money gets it’s value, and it also explains that if all debt was paid off, there would be no money in circulation.
Does this monetary policy not define slavery? The definition according to Websters dictionary states slavery is The practice or system of owning slaves. The federal reserve is getting paid for the American people’s servitude as they debase and devalue our currency with debt. Since when is it beneficial to the United States of America to put forth any amount of money as payment to regulate a commodity such as money anyway? The dollar is a completely dross and worthless fiat based currency. The only thing that gives NEWLY LOANED money value is money already in circulation and our mindless obedient consent.
It’s becoming a time when the dollar corresponds 100% in debt compared to the GDP the entire nation produces. This means that most people will lose their house within just several months of non-payment to the bank. People are living paycheck to paycheck and jobs are getting harder to find because employers don’t want to hire. Most people do not have insurance, and some people are breaking the law by driving without insurance. There is 22 vacant homes for every homeless man in America. As Dr. Paul says, “Isn’t it time that we need a new monetary policy?” Yes, the time has come that we need a new monetary policy. OUR monetary policy, not a policy for a tiny group of shareholders that enslaves commoners.
As of 05/2008, The Federal Reserve owns 49.37% of debt (money) whereas foreign countries own 27.90% of U.S. debt. If anyone ever tells you that China owns the U.S., they are only partially true. Each citizen of the united states owes going on nearly $50,000 to pay off debt. Surprisingly enough, only about a third of the citizens of the united states actually pay taxes, mostly being whats considered “lower class”
The problem lies in the Fractional Reserve Banking Systems across the entire world, not just the united states. It seems like the ‘mega banks’ intentionally put countries indefinitely in debt. It’s important to understand that the more debt a country is in, the more the currency has been inflated by printing it out of thin air. In 1913, America’s national debt was $2.9 billion dollars and by July of 2011, it is $14.5 trillion dollars — an incomprehensible 400,000% increase! People often say there is a collapse coming, but I think if it does, the system will collapse on itself. The system has the people right where they want them, as they quickly try to gain control around the globe using the military-industrial complex. Instead of people using money as a commodity to trade with, the system is using people with money to accomplish their agenda.
A normal person would think that this nation is going to go bankrupt in effect of these staggering statistics. It’s important to understand when a ‘bailout’ happens the banks are buying more control! It’s also important to understand that when ‘stimulus’ dollars are injected into money circulation, it creates MORE DEBT and additionally inflates the dollar. When a country goes so much in debt, it goes bankrupt because labor becomes non-sustainable. . . then banks take ownership behind the scenes. Bankruptcy already happened in the USA in 1933 due to Executive Orders 6073, 6102, 6111 and 6260 by President Roosevelt. It’s happening to Greece and the entire country is being ‘bailed out’ with the euro. I cannot predict the future, but the present is not looking to good already. It’s time that we take back control of our monetary policy!
This video explains that there is no law at all that mandates paying taxes, It’s completely unconstitutional. Shockingly enough, they explain the agenda of private bankers and how they want to extend their control of the world through human usury.
Here is an example of what inflation has done to the US Dollar since 1913. Since then, $1 was worth $23 today. The dollar has anally inflated by 2199.6%!
The federal reserve was created 1913 under the “Federal Reserve Act’ and since then debt has gotten out of control. Notice that debt and inflation correspond respectively.
In order to fix this problem thinking the same way when the problem arouse, magic and trickery is needed that does not include printing money out of thin air!
Chairman of the Federal Reserve Ben Bernanke blatantly lies about ‘liquidity swaps’. He denies knowing where half a trillion dollars went and justifies his right to give away so much money to foreign banks.
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Here are some infamous quotes about banking.
The Rothschilds
“The few who understand the system, will either be so interested from it’s profits or so dependant on it’s favors, that there will be no opposition from that class.” — Rothschild Brothers of London, 1863
“Give me control of a nation’s money and I care not who makes it’s laws” — Mayer Amschel Bauer Rothschild
Senators and Congressmen
“Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States” — Sen. Barry Goldwater (Rep. AR)
“This [Federal Reserve Act] establishes the most gigantic trust on earth. When the President [Wilson} signs this bill, the invisible government of the monetary power will be legalized….the worst legislative crime of the ages is perpetrated by this banking and currency bill.” — Charles A. Lindbergh, Sr. , 1913 “From now on, depressions will be scientifically created.” — Congressman Charles A. Lindbergh Sr. , 1913
“The financial system has been turned over to the Federal Reserve Board. That Board as ministers the finance system by authority of a purely profiteering group. The system is Private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people’s money” — Charles A. Lindbergh Sr., 1923
“The Federal Reserve bank buys government bonds without one penny…” — Congressman Wright Patman, Congressional Record, Sept 30, 1941
“We have, in this country, one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board. This evil institution has impoverished the people of the United States and has practically bankrupted our government. It has done this through the corrupt practices of the moneyed vultures who control it”. — Congressman Louis T. McFadden in 1932 (Rep. Pa)
“The Federal Reserve banks are one of the most corrupt institutions the world has ever seen. There is not a man within the sound of my voice who does not know that this nation is run by the International bankers — Congressman Louis T. McFadden (Rep. Pa)
“Some people think the Federal Reserve Banks are the United States government’s institutions.They are not government institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign swindlers” —Congressional Record 12595-12603 — Louis T. McFadden, Chairman of the Committee on Banking and Currency (12 years) June 10, 1932
“I have never seen more Senators express discontent with their jobs….I think the major cause is that, deep down in our hearts, we have been accomplices in doing something terrible and unforgivable to our wonderful country. Deep down in our heart, we know that we have given our children a legacy of bankruptcy. We have defrauded our country to get ourselves elected.” — John Danforth (R-Mo)
“These 12 corporations together cover the whole country and monopolize and use for private gain every dollar of the public currency…” — Mr. Crozier of Cincinnati, before Senate Banking and Currency Committee – 1913
“The [Federal Reserve Act] as it stands seems to me to open the way to a vast inflation of the currency… I do not like to think that any law can be passed that will make it possible to submerge the gold standard in a flood of irredeemable paper currency.” — Henry Cabot Lodge Sr., 1913
From the Federal Reserves Own Admissions
“When you or I write a check there must be sufficient funds in out account to cover the check, but when the Federal Reserve writes a check there is no bank deposit on which that check is drawn. When the Federal Reserve writes a check, it is creating money.” — Putting it simply, Boston Federal Reserve Bank
“Neither paper currency nor deposits have value as commodities, intrinsically, a ‘dollar’ bill is just a piece of paper. Deposits are merely book entries.” — Modern Money Mechanics Workbook, Federal Reserve Bank of Chicago, 1975
“The Federal Reserve system pays the U.S. Treasury 020.60 per thousand notes –a little over 2 cents each– without regard to the face value of the note. Federal Reserve Notes, incidentally, are the only type of currency now produced for circulation. They are printed exclusively by the Treasury’s Bureau of Engraving and Printing, and the $20.60 per thousand price reflects the Bureau’s full cost of production. Federal Reserve Notes are printed in 01, 02, 05, 10, 20, 50, and 100 dollar denominations only; notes of 500, 1000, 5000, and 10,000 denominations were last printed in 1945.” — Donald J. Winn, Assistant to the Board of Governors of the Federal Reserve system
“We are completely dependant on the commercial banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system…. It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied very soon.” —Robert H. Hamphill, Atlanta Federal Reserve Bank
From General Law
“The entire taxing and monetary systems are hereby placed under the U.C.C. (Uniform Commercial Code)” — The Federal Tax Lien Act of 1966
“There is a distinction between a ‘debt discharged’ and a debt ‘paid’. When discharged, the debt still exists though divested of it’s charter as a legal obligation during the operation of the discharge, something of the original vitality of the debt continues to exist, which may be transferred, even though the transferee takes it subject to it’s disability incident to the discharge.” —Stanek vs. White, 172 Minn.390, 215 N.W. 784
“The Federal Reserve Banks are not federal instrumentalities…” — Lewis vs. United States 9th Circuit 1992
“The regional Federal Reserve banks are not government agencies. …but are independent, privately owned and locally controlled corporations.” — Lewis vs. United States, 680 F. 2d 1239 9th Circuit 1982
Past Presidents, not including the Founding Fathers
“Whoever controls the volume of money in any country is absolute master of all industry and commerce.” — President James A. Garfield,
“A great industrial nation is controlled by it’s system of credit. Our system of credit is concentrated in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the world–no longer a government of free opinion, no longer a government by conviction and vote of the majority, but a government by the opinion and duress of small groups of dominant men.” — President Woodrow Wilson
Founding Father’s of the United States Quotes on Banking
“I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the government at defiance. The issuing power (of money) should be taken away from the banks and restored to the people to whom it properly belongs.” — Thomas Jefferson, U.S. President.
“If Congress has the right [it doesn’t] to issue paper money [currency], it was given to them to be used by…[the government] and not to be delegated to individuals or corporations” — President Andrew Jackson, Vetoed Bank Bill of 1836
“History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and it’s issuance.” — James Madison
Misc. Sources
“Banks lend by creating credit. They create the means of payment out of nothing” — Ralph M. Hawtrey, Secretary of the British Treasury
“To expose a 15 Trillion dollar rip-off of the American people by the stockholders of the 1000 largest corporations over the last 100 years will be a tall order of business.” — Buckminster Fuller
“Every Congressman, every Senator knows precisely what causes inflation…but can’t, [won’t] support the drastic reforms to stop it [repeal of the Federal Reserve Act] because it could cost him his job.” — Robert A. Heinlein, Expanded Universe
“It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” — Henry Ford
“[Every circulating FRN] represents a one dollar debt to the Federal Reserve system.” — Money Facts, House Banking and Currency Committee
“…the increase in the assets of the Federal Reserve banks from 143 million dollars in 1913 to 45 billion dollars in 1949 went directly to the private stockholders of the [federal reserve] banks.” —Eustace Mullins
“As soon as Mr. Roosevelt took office, the Federal Reserve began to buy government securities at the rate of ten million dollars a week for 10 weeks, and created one hundred million dollars in new [checkbook] currency, which alleviated the critical famine of money and credit, and the factories started hiring people again.” — Eustace Mullins
“Should government refrain from regulation (taxation), the worthlessness of the money becomes apparent and the fraud can no longer be concealed.” — John Maynard Keynes, “Consequences of Peace.”
“Banking was conceived in iniquity and was born in sin. The Bankers own the earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of Bankers and pay the cost of your own slavery, let them continue to create deposits.” — SIR JOSIAH STAMP, (President of the Bank of England in the 1920’s, the second richest man in Britain):
“The modern Banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banks can in fact inflate, mint and unmint the modern ledger-entry currency.” —MAJOR L .L. B. ANGUS:
“While boasting of our noble deeds were careful to conceal the ugly fact that by an iniquitous money system we have nationalized a system of oppression which, though more refined, is not less cruel than the old system of chattel slavery. — Horace Greeley
“People who will not turn a shovel full of dirt on the project (Muscle Shoals Dam) nor contribute a pound of material, will collect more money from the United States than will the People who supply all the material and do all the work. This is the terrible thing about interest …But here is the point: If the Nation can issue a dollar bond it can issue a dollar bill. The element that makes the bond good makes the bill good also. The difference between the bond and the bill is that the bond lets the money broker collect twice the amount of the bond and an additional 20%. Whereas the currency, the honest sort provided by the Constitution pays nobody but those who contribute in some useful way. It is absurd to say our Country can issue bonds and cannot issue currency. Both are promises to pay, but one fattens the usurer and the other helps the People. If the currency issued by the People were no good, then the bonds would be no good, either. It is a terrible situation when the Government, to insure the National Wealth, must go in debt and submit to ruinous interest charges at the hands of men who control the fictitious value of gold. Interest is the invention of Satan.” — THOMAS A. EDISON
“By this means government may secretly and unobserved, confiscate the wealth of the people,and not one man in a million will detect the theft.” — John Maynard Keynes (Father of ‘Keynesian Economics’ which our nation now endures) in his book “THE ECONOMIC CONSEQUENCES OF THE PEACE” (1920).
“Capital must protect itself in every way…Debts must be collected and loans and mortgages foreclosed as soon as possible. When through a process of law the common people have lost their homes, they will be more tractable and more easily governed by the strong arm of the law applied by the central power of leading financiers. People without homes will not quarrel with their leaders. This is well known among our principal men now engaged in forming an imperialism of capitalism to govern the world. By dividing the people we can get them to expend their energies in fighting over questions of no importance to us except as teachers of the common herd.”– Taken from the Civil Servants’ Year Book, “The Organizer” January 1934.
“The Federal Reserve banks, while not part of the government…” — United States budget for1991 and 1992 part 7, page 10
The Money Power! It is the greatest power on earth; and it is arrayed against Labour. No other powerthat is or ever was can be named with it… it attacks us through the Press – a monster with a thousand lying tongues, a beast surpassing in foulness any conceived by the mythology that invented dragons, were wolves, harpies, ghouls and vampires. It thunders against us from innumerable platforms and ,Yes, so far as we are concerned, the headquarters of the Money Power is Britain. But the Money Power is not a British institution; it is cosmopolitan. It is of no nationality, but of all nationalities. It dominates the world. The Money Power has corrupted the faculties of the human soul, and tampered with the sanity of the human intellect…Editorial from 1907 edition of The Brisbane Worker (Australia)
WE NEED to take back the power of issuing money where it rightfully and properly belongs! TO THE PEOPLE!
Here is the full-length movie Money Masters by Bill Still. It’s quite long, but packed with information about how today’s monitary system has always been and how it has evolved through the centuries. This is great information to know if this article has interested you.