Does anyone know how the Federal Reserve was first created and how it has been stealing your money ever since?

Question

The Federal Reserve Act was passed at 11:45 p.m. on Christmas Eve, after all the opposing Senators had gone home to celebrate Christmas. Those who wanted the Federal Reserve had a quorum and passed the legislation in an unprecedented move. At the time, Congressman McFadden gave testimony in the House when he said:
"Mr. Chairman we have in this Country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks hereinafter called the Fed. The Fed has cheated the Government of these United States and the people of the United States out of enough money to pay the Nation’s debt. The depredations and iniquities of the Fed has cost this County enough money to pay the National Debt several times over. They are not Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers."

Show us the facts if you want to counter my revelations of the truth.

Answer 1

This is the second question you have asked about the Fed and once again you prove your own ignorance...........get an education you stupid kid

Answer 2

Well, if you consulted *any* historical source rather than fringe web sites, you would find:

- The Federal Reserve Act passed in the house on December 22, 1913 (not Christmas Eve)

- The Federal Reserve Act passed in the senate on December 23, 1913 (not Christmas Eve)

- The house vote was an overwhelming 298 yeas to 60 nays with 27 not voting

- The senate vote was 43 yeas to 25 nays with 27 not voting. If you do the the math, that's only 5 senators not there. So it would appear that *most* of the opposing senators were there.

- The record also shows that almost all of those not voting on the bill had previously declared their intentions and were paired with members of opposite intentions.

- You fail to mention that the main reason for the opposing votes was from republicans who did not like the Democratic version which included a government agency to oversee the system. The republican version called for a 100% private system. The opposing votes were not so much against the a Federal Reserve system as they were against (what they saw as) "Government interference" in banking.

- You say "At the time, Congressman McFadden...". McFadden was not elected to congress until 1914.

- Read your quote and ask yourself: This quote refers to the Federal Reserve in the past tense and alleges past actions. Does this even make sense he would make this speech BEFORE the Federal Reserve was in existence?


Don't be a conspiracy fringe site syncophant. Be skeptical of everything you read from people with an agenda, whether that is the press, government, or wacko fringe sites. Check things out for yourself.

Answer 3

Fed was created on Jekyll island in Georgia. It was created in secret by the heads of the nations and worlds biggest banks. They sold it as something that would destroy the money trust yet it was created by the money trust. The Federal Reserve is a big lie that steels from us every second of the day. It is not Federal but private, it has no reserve, is not a bank and prints no money.

Answer 4

Cheeky.

Answer 5

Yes, you're right.

But you're gong to get called all kinds of names, and people will accuse you of wingnut conspiracy theoryism.

But you'll still be right.