U.S CITIZENS !!! Is this fair?

Question

Please read this. This is truth behind the "federal" reserve. It is time to make a stand, because our "government" is against us.

http://johnmccarthy90066.tripod.com/id545.html

Answer 1

CRBEACH, the dude above me is completely wrong.

Benjamin Franklin warned:

"The burden of debt is as destructive to freedom as subjugation by conquest."

First, the fed IS a privately owned company.The stock is not publicly traded in the Federal Reserve Banking System. The FED banking system collects billions of dollars 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.
It is owned by 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 First National Bank of New York James Stillman National City Bank, New York Mary W. Harnman National Bank of Commerce, New York A.D. Jiullard Hanover National Bank, New York Jacob Schiff Chase National Bank, New York Thomas F. Ryan Paul Warburg William Rockefeller Levi P. Morton M.T. Pyne George F. Baker Percy Pyne Mrs. G.F. St. George J.W. Sterling Katherine St. George H.P. Davidson J.P. Morgan (Equitable Life/Mutual Life) Edith Brevour T. Baker

A central Bank in America was nothing new. President Jackson got rid of it in his presidency becuase he knew it would ultimately be controlled by families, who could in turn inflate and deflate at will.
But Through J.P Morgan, working with the European banking dynasties, created the "Financial Panic of 1907". This was an effort to manipulate Congress to again approve of a central bank.

In 1912, Woodrow Wilson became President. His chief advisor and administrator was Col. Edward Mandell House, who was a proponent of world government, a representative of the European banking dynasties, and had close ties with the Morgan interests.

The Federal Reserve Act was passed on Dec. 23, 1913 (by a vote of 298 to 60 in the House of Representatives, and 43 to 25 in the Senate).

After the vote, Congressman Charles A. Lindberg, Sr. (father of the famous aviator) told Congress:

"This act establishes the most gigantic trust on earth...When the President signs this act, the invisible government by the money power, proven to exist by the Money Trust Investigation, will be legalized...The new law will create inflation whenever the trusts want inflation..."

The Fed was then able to manipulate the money supply. In the six years prior to the 1929 Stock Market Crash, the Fed increased (or inflated) the money supply 62%, inducing unwise investments and market speculation by the public. When everything was in place, the bankers, who had been financing market speculation, called in their "24 hr. broker call loans", precipitating the Crash.

They were then in a position to loan the government billions of dollars to finance the nation out of the Depression. Congressman Louis McFadden, Chairman of the House Banking Committee, (1920-1931) said this:

"It (the Depression) was not accidental. The international bankers sought to bring about a condition of despair here so that they might emerge as rulers of us all."

How powerful is the Fed? Congressman Wright Patman, Chairman of House Banking Committee (in the 60's) said:

"In the U.S. today, we have in effect, two governments...we have the duly constituted government...then we have an independent, uncontrolled, and uncoordinated government in the Federal Reserve System, operating the money powers which are reserved to the Congress by the Constitution."

The Fed has never been audited, and has resisted all attempts to do so. Lt. Col. Archibald Roberts (Director of Committee to Restore the Constitution)began a campaign on March 30, 1971, testifying before Wisconsin legislators about the fraud surrounding the Fed.

(The text of his address is in the Congressional Record, E3212-E3224, entered April 19, 1971). Roberts and other constitutional groups (including Washington state Senator Jack Metcalf) had, by the mid 80's, acquired about 20 states' support calling for audits/reforms, with no success.

Again, in the late 80's, Congressman Henry Gonzales (Texas) called for abolition of the Federal Open Market Committee and the repeal of the Federal Res. Act. (HR 1469, 1470).

Congressman Phil Crane (Illinois) also introduced HR 70, calling for an audit. (Currently, Gonzales and Crane are calling for an audit/reforms under HR 28 and 145; Senator Byron Dorgan, (N. Dakota) is calling for a similar bill in the Senate, S212).

Since Wilson took office, the national debt has risen from $1 billion to over $5 trillion - that's just "on budget" debt. When added to the "off budget" debt of the S&L debacle and unfunded retirement liabilities, the total now exceed our GDP.

Is the country bankrupt? Roosevelt declared so by Executive Orders 6073, 6102, 6111, and also by EO 6260 on March 9, 1933 (as proclaimed under the "Trading With the Enemy Act of 65th Congress, Oct. 6, 1917, and as codified at 12 U.S.C.A. 95a, which allows the President exceptional control under a "state of emergency"). On April 5, 1933, FDR issued this EO:

"All persons are required to deliver on or before May 1, 1933 all gold coins, gold bullion, and gold certificates now owned by them to a Federal Reserve Bank, branch or agency, or to any member bank of the Federal Reserve System."

On June 5, 1933, Congress confirmed the bankruptcy. (through the "Joint Resolution to Suspend The Gold Standard And Abrogate The Gold Clause, June 5, 1933"). This was HJR 192, 73rd Congress, 1st session.

Then, through another EO issued by President Johnson in 1968, silver backing was removed from our currency. This made the country insolvent. The Fed issues currency no longer redeemable for silver. Furthermore, the Fed is not a government institution.

You will never find them listed in phone directories under "government offices". It is a private corporation owned by approximately 300 Class A stockholders. These people own the Fed by owning the stock of the largest member banks in the New York Federal Reserve Bank, which, for all practical purposes, is the Federal Reserve.

The controlling interest is held by less than a dozen international bankers, whose names, until recently, was one of the best-kept secrets of international finance:

1. Rothschild Banks of London & Berlin
2. Lehman Bros. Bank of N.Y.
3. Lazard Bros. Banks of Paris
4. Kuhn, Loeb Bank of N.Y.
5. Israel Moses Sief Banks of Italy
6. Chase Manhattan Bank of N.Y.
7. Warburg Bank of Hamburg & Amsterdam
8. Goldman, Sachs Bank of N.Y.

The most influential of the European interests is the Rothschild family in London. Each of the American interests is, in various ways, connected to this family, including the Rockefellers, who are by far the most powerful of the Fed's American stockholders (primarily through the Chase Manhattan Bank).

Thomas Jefferson issued this warning:

"If the American people ever allow private banks to control the issue of currency, first by inflation, then by deflation, the banks and the corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their fathers conquered."

Today, less than 2% of Americans own their homes.

The Fed, like other central banks, uses a system called "fractional banking." Deposits become the "fraction", allowing the system to "create" as much as 770% of that deposit:

Article 1, Section 8, Clause 5 says that only Congress has the power to..."coin money, regulate the value thereof...and fix the standard of weights and measures.' Article 1, Section 10, Clause 1 says that No State shall...make anything but gold and silver coin a legal tender in payment of debts..." The Federal Reserve operates in violation of the Constitution.

Since Col. House helped establish the Federal Reserve Act, and believed in socialism, is the central bank concept Marxist?

Plank 5 of Karl Marx's Communist Manifesto reads:

"Centralization of credit in the hands of the State, by means of a national bank with State capital, and an exclusive monopoly." ‹ communist Manifesto by Karl Marx

House also knew, that in addition to controlling a nation's monetary system, a method of taxation had to be established, and in 1913, the 16th Amendment was passed.

This graduated income tax was hailed by proponents as a "tax on the wealthy" (sound familiar?). Nothing could have been farther from the truth. As with the passage of the Federal Reserve Act,

"Big Business" and the Wall Street bankers publicly denounced, but privately funded its promotion and passage. Why? Through their influence in government circles, they insured the necessary loopholes in the bill were included - tax-exempt foundations. By the time the 16th Amendment was passed, they had already established the Rockefeller and Carnegie Foundations.

Their wealth was allowed to compound tax-free while their competitors were saddled with tax burdens. The Amendment also allowed Congress to increase and broaden the tax on the general public.

Until 1929, the size and cost of the Federal government was Constitutionally limited: it borrowed little money and paid little interest.

The Depression years following the Stock Market Crash changed all this. With the country officially bankrupt in 1933, taxes could now be broadened and increased to finance government borrowing.

Roosevelt's New Deal began the era of entitlements which are with us today.

Two points must be made here:

1) The 16th Amendment was never properly ratified. This has been proven in court. Two of the 36 states that had allegedly ratified the amendment were California and Kentucky - There is no record of California's vote, and Kentucky legislators voted against it 22-9. This violates the amendment procedure of our Constitution, Article V.

2) The 16th Amendment has Marxist roots. Plank 2 of the Communist Manifesto calls for: "a heavy progressive or graduated income tax".

Thus, the conspirators, through financial influence and brilliant deception, had established the mechanisms to:

1. run up the debt;
2. collect the debt;
3. for themselves, to avoid the taxes necessary to pay the interest on the debt.

The pillage of America began in earnest during the Depression. The Fed deflated (reduced) the money supply, forcing thousands into bankruptcy and foreclosure. The following was intended for leading financiers only, and appeared in the Civil Servants' Year Book, "The Organizer", Jan. 1934:

"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."

Plank no.1 of the Communist Manifesto is "abolition of private property".

The conspirators knew that the American people had to somehow be convinced into paying for the government borrowing that began during the Depression, Their opportunity came during W.W.II with the victory Tax Act of 1942 (56 Stat, Ch. 619, pg. 884; October 21, 1942). This was a voluntary and temporary measure to help finance the war effort. Why was it voluntary? Article I, Section 2, Clause 3 and Article I, Section 9, Clause 4 of the Constitution forbids direct taxation unless apportioned. Apportionment means to divide equally among the population (census). The last time direct taxes were laid upon the American people by apportionment was during the Civil War.

The Victory Tax Act of 1942 was repealed on May 29, 1944 (58 Stat, Ch. 210, pg. 234). With American patriotism high and D-Day a week away, who would notice that this voluntary unapportioned direct tax had been repealed? The clauses of the Constitution regarding direct taxation are still law. The 16th Amendment gave Congress "no new powers of taxation" (Stanton vs. Baltic Mining Co., 240 U.S. 103). The "...incomes...without apportionment..." in the 16th Amendment places it in the category of an indirect (excise) tax (Brushaber vs. Union Pacific RR Co., 240 U.S. 1). Simply stated, it is a profits tax.

How would the government operate without personal income tax revenues? With imposts, duties, and excises (Article I, Section 8, Clause I). Can you see why NAFTA and GATT is promoted? The 1984 Grace Commission, Report to the President, pg. 4 reveals where personal income taxes go:

"100% of what is collected is absorbed solely by interest on the Federal Debt and by Federal transfer payments. In other words, all individual income tax revenues are gone before one nickel is spent on the services taxpayers expect from their government."

Can you begin to see why there have been 195 tax increases since 1933?

Today, three quarters of the Federal budget is unconstitutional, according to Article 1, Section 8, Clauses 2-18. Why do our elected representatives allow this?

Remember, the third item on Col. House's agenda was to control both political parties of the U.S.

"Tragedy and Hope, A History of the World in Our Time" (by Carroll Quigley, 1966, The MacMillan Co., N.Y.; available from Angriff Press, Box 2726, Hollywood, California 90028) was written by Georgetown University Professor Carroll Quigley.

It was intended as a text for aspiring globalists, and gives a 1300 page account of the history, mechanisms, and goals through which a ruling financial dynasty would control a global economy. On page 52, the author writes that the international bankers were:

"...devoted to secrecy and the secret use of financial influence in political life."

There are two organizations formed by and intimately associated with the international bankers:

1. The Council on Foreign Relations
2. The Tri Lateral Commission

Why? It is easier to control oppressive Marxist regimes than nations of free men - in a one-world socialist government.

SOLUTION!!!!!The U.S. Government can buy back the FED at any time for $450 million (per Congressional record).

Answer 2

Chill dude.

The Federal Reserve System is a publicly run entity. It is run by the Board of Governers who are all appointed by the president and confirmed by congress. The Federal Reserve system must run within the laws set by congress. Congress also has general oversight. There is no mechanism for private ownership of the Board of Governors.

The confusion (and grain of truth) comes from the fact that the 12 Fed branches are organized like private corporations. Member banks must buy shares and they can elect 6 of the 9 branch board members. However, these shares cannot be sold on the open market.

The Board of Governors decide on all monetary policy. The Fed Branches just run the day-to-day operations per the rules created by the Board of Governors and within the laws set by congress.

Answer 3

It may be true... but is it accurate?

I think Mexico believed they could just "print money" to pay their debts. Look what happened to the value of the peso. Maybe it's a good thing that the government doesn't control this. THAT would scare me. (like giving them a blank check)

Answer 4

It is public and common knowledge that the Fed is a privately owned NGO (non-governmental organization). I personally don't like the way things are done but the Fed is no more or less evil than any other shadow government NGO.

Answer 5

No it is not. It is all true, known about it for 25 years. It takes only one person to make a difference. Take a stand.

Answer 6

I love conspiracy nuts. You can convince them of anything.

Hey! Did you know that "Yahoo Answers" can track everything you do on the computer, and it is owned by a shadowy group controlled by Bin Laden? It's true, I read it on the internet!!!

The Seven Familys run Google, and the Illuminati is involved as well. Uplug your cable modem each night or they can watch you while you sleep!

Answer 7

And this surprises you why? The government tells you what it wants you to hear, you need to beable to wade thru the stuff and find the truth no matter how far it is buried.

Answer 8

And everyone knows that if its on a tripod page it is the absolute truth.


Did you ever stop to think that if these guys were all powerful they'd just have these pages removed and the authors eliminated?

Answer 9

US CITIZENS are only the red indians.

Answer 10

Hear Hear I Say!!!