Forum Post: The FEDERAL Reserve Bank is a PRIVATE company. Federal does not mean owned by U.S.A.
Posted 13 years ago on Nov. 8, 2011, 3:16 p.m. EST by OccAmerica
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THE FEDERAL RESERVE BANK IS A PRIVATE COMPANY.
http://www.sockshare.com/file/753AF538D47A45FA ---video explains the fed in LAYMEN terms that any american can understand it
Article 1, Section 8 of the Constitution states that Congress shall have the power to coin (create) money and regulate the value thereof. Today however, the FED, which is a privately owned company, controls and profits by printing money through the Treasury, and regulating its value.
The FED began with approximately 300 people or banks that became owners (stockholders purchasing stock at $100 per share - the stock is not publicly traded) in the Federal Reserve Banking System. They make up an international banking cartel of wealth beyond comparison (Reference 1, 14). The FED banking system collects billions of dollars (Reference 8, 17) in interest annually and distributes the profits to its shareholders. The Congress illegally gave the FED the right to print money (through the Treasury) at no interest to the FED. The FED creates money from nothing, and loans it back to us through banks, and charges interest on our currency. The FED also buys Government debt with money printed on a printing press and charges U.S. taxpayers interest. Many Congressmen and Presidents say this is fraud (Reference 1,2,3,5,17).
Who actually owns the Federal Reserve Central Banks? The ownership of the 12 Central banks, a very well kept secret, has been revealed:
Rothschild Bank of London Warburg Bank of Hamburg Rothschild Bank of Berlin Lehman Brothers of New York Lazard Brothers of Paris Kuhn Loeb Bank of New York Israel Moses Seif Banks of Italy Goldman, Sachs of New York Warburg Bank of Amsterdam Chase Manhattan Bank of New York (Reference 14, P. 13, Reference 12, P. 152)
These bankers are connected to London Banking Houses which ultimately control the FED. When England lost the Revolutionary War with America (our forefathers were fighting their own government), they planned to control us by controlling our banking system, the printing of our money, and our debt (Reference 4, 22).
The individuals listed below owned banks which in turn owned shares in the FED. The banks listed below have significant control over the New York FED District, which controls the other 11 FED Districts. These banks also are partly foreign owned and control the New York FED District Bank. (Reference 22)
Rep. Louis T. McFadden (R. Pa.) rose from office boy to become cashier and then President of the First National Bank in Canton Ohio. For 12 years he served as Chairman of the Committee on Banking and Currency, making him one of the foremost financial authorities in America. He fought continuously for fiscal integrity and a return to constitutional government (Reference 1). The following are portions of Rep. McFadden's speech, quoted from the Congressional Record, pages 12595-12603:
About the Federal Reserve banks, Rep. McFadden said, "They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; the rich and predatory money lenders. This is an era of economic misery and for the reasons that caused that misery, the Federal Reserve Board and the Federal Reserve banks are fully liable."
On the subject of media control he state, "Half a million dollars was spent on one part of the propaganda organized by those same European bankers for the purpose of misleading public opinion in regard to it."
Rep. 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. IT MAKES AND BREAKS GOVERNMENTS AT WILL.
"Our people's money to the extent of $1,200,000,000 has within the last few months been shipped abroad to redeem Federal Reserve Notes and to pay other gambling debts of the traitorous Federal Reserve Board and the Federal Reserve banks. The greater part of our monetary stock has been shipped to foreigners. Why should we promise to pay the debts of foreigners to foreigners? Why should American Farmers and wage earners add millions of foreigners to the number of their dependents? Why should the Federal Reserve Board and the Federal Reserve banks be permitted to finance our competitors in all parts of the world?" Rep. McFadden asked.
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. In July, 1968, the House Banking Subcommittee reported that Rockefeller, through Chase Manhattan Bank, controlled 5.9% of the stock in CBS. Furthermore, the bank had gained interlocking directorates with ABC.
John F. Kennedy - a President with vision! On June 4, 1963, President Kennedy issued Executive Order 11110. This Executive Order called for the issuance of new currency - the United States Note. At the time, $4,292,893 of this currency was put into circulation. This new currency was to be distributed through the U.S. Treasury and not the Federal Reserve System. Furthermore, it was to be issued debt and interest-free.
Upon Kennedy's assassination, this currency was withdrawn from circulation, never to be issued again. The media remained silent on how Kennedy would have eliminated the debt and interest payments, and therefore eliminated the FED. Interest-free United States Notes do not result in hyper-inflation. By issuing United States Notes, interest-free, we have less interest expense, and less taxes. With less taxes people spend more and buy more. This result is added production, and therefore, you can add dollars without inflation. Either Rockefeller and his people will spend your tax money into the economy or you get to spend your own money by paying less taxes.
The bankers want you to think you'll have mass inflation by changing the system. This is only true if you add dollars to the economy without added production. For example, look what happened in post World War I Germany. They merely printed money without increasing production. The result was hyper-inflation. Another example: In the entire economy, if you have only 10 loaves of bread and only $10, each loaf would sell for $1. If you print an extra $10, now you have $20 and the 10 loaves which would sell for $2 each. This is only true if we don't have added production.
By cutting taxes, people will spend more and buy more bread. If we print more money and bake more bread, we have $50 and 50 loaves, so each loaf still sells for $1. As long as you monitor production with increased cash, inflation will not occur. Under the FED system, the price of bread has dramatically increased since 1913. If we cut taxes and YOU spend your money instead of the BANKERS spending it, you will have more bread, cars, and wealth than the bankers. SOMEONE will spend your money - it might as well be YOU!
The Fed is why JFK was shot?
In 1974, Congress issued a report stating that the Chase Manhattan Bank's stake in CBS rose to 14.1% and NBC to 4.5% (through RCA, the parent company of NBC). The same report said that the Chase Manhattan Bank held stock in 28 broadcasting firms. After this report, the Chase Manhattan Bank obtained 6.7% of ABC, and today the percentage could be much greater. It only requires 5% ownership to significantly influence the media (Reference 14, P. 56-57). This is only one of 300 wealthy shareholders of the FED. It is believed other FED owners have similar holdings in the media. To control the media, FED bankers call in their loans if the media disagrees with them (Reference 25, P. 134-137).
Rockefeller also controls the Council on Foreign Relations (CFR), the sole purpose of which is to aid in stimulating greater interest in foreign affairs and in 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. Additionally, major corporations owned by FED shareholders are the source of huge advertising revenues which surely would influence the media (Reference 14, P. 56-59). It can be no wonder why groups such as FED-UP(tm) receive minimal, if any, press attention.
http://www.apfn.org/apfn/fed_reserve.htm
The Elite Own Or Run Everything!
There's precious little they haven't infiltrated. They have total control.
I'm not sure if I've posted to you before, but just in case I haven't, here it is;
OWS is evolving as it goes along! Some of the younger folk know something is wrong, but still don't know exactly what, like us awakened people do. What I don't understand is, why are none of the names of the criminal elites on all the signs that the protesters are carrying? The thing that the elite cabal fear MORE THAN ANYTHING, is the knowledge that we know who they are personally...and total exposure is the only thing that will stop them! "End the Fed" is a great start, but it is still too benevolent. We should be carrying signs that show loudly and clearly that we know exactly who they are! That way they can't hide behind the faceless blanket term "GLOBALISTS", 'BANKERS', "ELITE", "FEDERAL RESERVE", "1%" or "NWO".
Most people think the Federal Reserve is a government entity. It is not. It is privately owned by the world's wealthiest families and royal families who have violently protected their identiites from being connected to the federal reserve. They are responsible for a countless loss of life to try to keep this secret for many, many, many generations. The internet has been their worst enemy and hopefully will release their strangle hold on us.
The signs should read things like "ROTHSCHILDS END YOUR RULE", "ROTHSCHILDS SHOULD BE IN JAIL", "ROCKEFELLERS ARE GENOCIDAL WAR CRIMINALS", "KISSINGER WANTS 90% DEPOPULATION", "QUEEN ELIZABETH & PRINCE CHARLES ARE DEPOPULATIONISTS", "KRUPPS ARE KILLERS", "ASTORS ARE BANKER THEIVES", "BUSH FAMILY ARE GENOCIDE PLOTTERS", "BUFFET ENGINEERED ECONOMIC CRASH", "GREENSPAN ENGINEERED ECONOMIC MELTDOWN", "GLOBALISTS DEPOPULATE YOURSELVES - END YOUR RULE", "MEROVINGIANS ARE THEIVES", "WALDORFS ARE KILLERS", "FREEMANS ARE CRIMINALS", "CARNEGIES ARE CRIMINALS", "SCHIFFS ARE BANKER CRIMINALS", "MONARCH FINANCIAL RULE ENDS NOW", etc.
Unless we expose the ROOT CAUSE, the invisible ruling elite will still be there to do these things to us again another day. The important but lesser problems will get fixed properly once the ruling elite are gone and honest people are elected. Always aim to take down the very top peak of the pyramid....or nothing will ever change. EXPOSE THEM!! If the whole world knows who they are, they can't hide. Each country that is protesting, needs to look up their countries ruling elite names, illuminati names, NWO names and get them on as many signs as possible and show the whole world who they are! If we focus on this one idea, they won't be in power for much longer. Spread the word!! Don't do this by yourself! This has to be done en masse....if only a few do this, they'll be escorted away. But if tens of thousands do it at the same time, what are they going to do? They can't get all of us. Strength in numbers!
There are many more North American criminal ruling elite families that need to be exposed;
CLINTONS, WARBURGS, LEHMANS, MORGANS, SOROS, RUSSELS, COLLINS, RUMSFELDS, CHENEYS, GATES, KOCH BROTHERS, KUHN LOEBS, LAZARDS, VANDERBILTS, DUPONTS, MCDONALDS, DESMARAIS, WINDSORS, CAPETIANS, BORJAS, VATICAN BANK, LI'S, SAUDI ROYALS, MONSANTOS, and others....
EXPOSE THESE CRIMINAL RULERS!!!! They need to see their own names on tv.
Watch:
The Money Masters ~ http://www.youtube.com/watch?v=JXt1cayx0hs
History of The Federal Reserve ~ Enlightening! http://video.google.com/videoplay?docid=7757684583209015812
Your fellow human being
Leynna