The Federal Reserve System is privately controlled and it banks are owned by a few?

Question

private companies, yet Thomas Jefferson had this to say about centralized baking.....

I believe that banking institutions are more dangerous to our liberties than standing armies." - Thomas Jefferson.

"If the American people ever allow private banks to control the issue of their currency, first by inflation then by deflation, the banks and the corporations will grow up around them, will deprive the people of all property until their children wake up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." -Thomas Jefferson, The Debate Over The Recharter Of The Bank Bill, (1809).

why aren't more Americans in uproar that the value of our dollar has gone from $1.00 in 1913 when the private Federal Reserve took over to .04 $ today ??
do we need to take back control of our monetary system?

kevork- has it not?

look at today's housing foreclosure rates

everything bought on credit

when was the last time you had money to purchase something outright, without going into debt?

doc, skip-
please do some research, please
we have been blind too long

Answer 1

Amen amen amen. We are nation of people who know nothing about fiscal responsibility or even how our own financial systems work (it's not taught in school!).

Sadly, nobody cares, they are locked in their obsessive pursuit of the material goods that our culture tells them is necessary for happiness, and they'll go into any amount of debt to do so. Fiscal and personal responsiblity don't matter, family doesn't matter, country doesn't matter, just the stupid home/SUV/Ipod/TV matters above all else.

Answer 2

Jefferson was very astute to be wary of private bank controlling the nations currency. But check a history book, Tony. Virtually all central banks have been nationalized over the last century or so. For the U.S., the private banks dominated branches were stripped of most meaningful power with the Bank Act of 1935. With that law, monetary policy and oversight of the system was given to the Board of Governors, a government agency, The Board of Governors are all appointed for 14-year terms by the president and confirmed by congress. It operates per it's charter and laws set by congress. it is overseen by congress. There is no structure or mechanism for private ownership at this level. Board members are forbidden by law to have any economic interest in a private bank.

Answer 3

I agree with what you are saying. It is a "legal" scandal that has been taking place since 1913. I think most Americans are just naive enough to believe that since it has been in place that long, it must be okay.

I have actually heard that the dollar has depreciated 1000% since 1913. What was $1.00 back then is now more than $1000.00.

I have also heard that wealthy Ashkenazi Jews own and control the Fed (the Rothschilds, etc.)

Answer 4

The individual regional reserve banks are merely humble functionaries carrying out the orders of the Fed Governors, who are publicly appointed. This idea that private banks have control over US monetary policy is a myth.

EDIT: OK you asked for research. Here it is.

Answer 5

Thoughts with regard to Peace-Convergence 2007
http://www.peaceconvergence.com

Why we have to cry out for Peace again, after Vietnam, Korea and the two World Wars which supposedly were the wars to finish all the Wars and make peace forever? Because if you find out who leads this illegal - & unjust war in IRAQ you will find that the ancestors of those leaders were also behind WW1 & WW2 and that’s why you cry out for peace again.

Retired US-Army Captain and critique of the US-war in Iraq, Mr. Eric May, concluded: “The main-stream-media, now owned by corporations that are part of the industrial complex, are selling the American people a bill of goods for the sole purpose of corporate profits from the war.” Read his complete conclusion and serve to humanity on: http://www.adelaideinstitute.org/Dissenters1/Toben/toben_may0.htm

When John, Rudyard Kipling’s only son died in 1915 at the Battle of Loos, Kipling wrote: “If any question why we died/ Tell them, because our fathers lied”
See it on: http://en.wikipedia.org/wiki/Kipling

Hopefully there will be a revolt of US-Army-Officers against the Government in the USA, like the Federal Reserve – caper of former US-Navy-Captain James von Brunn. See it on: http://www.holywesternempire.org/fed-caper.html

One of these War-Leaders who won WW2 was the richest private Bank of the World in the thirties, namely Brown Brothers Harriman & Co., (Stakeholders in the Federal Reserve-Bank of US-America). The losers of that war were not only the Labourers of Germany, but the Labourers everywhere. Prescott Bush (Grandfather of today’s US-President) was managing-partner of this company which not only was involved in financing the Allied War, but also the Nazi-Party and later Stalin and the US-Vietnam-War. See it on: http://www.tarpley.net/bush4.htm

http://www.tarpley.net/bush2.htm

http://www.tarpley.net/bushb.htm#Table

Read the book “Wall Street and the Rise of Hitler” by Antony C Sutton on: http://www.reformation.org/wall-st-hitler.html
Read the book “Wall Street and the Bolshevik Revolution” by Anthony C. Sutton on:
http://www.reformation.org/wall-st-bolshevik-rev.html

Study Jewish Born Dr. Henry Makow and who did not want WW2 on:
http://www.savethemales.ca/000369.html

The War and the Involvement of the Vatican on:
http://www.reformation.org/holocaus.html

Jewish source about “Nazi-Support of Zionism” on:
http://www.jewsagainstzionism.com/antisemitism/nazisupport.cfm

Study Socialist Jew Leni Brenner and his writings about Zionist-Nazi-Collaborations and his interview on: http://www.adelaideinstitute.org/newsletters/n331.htm

Read about Zionism and the Third Reich on: http://www.radioislam.org/islam/english/revision/zion.htm

Zionists & the Bush-Administration on:
http://www.radioislam.org/bush/jewishpower.htm

Ariel Sharon : “We control America” on:
http://www.radioislam.org/usa/11sep.htm

Read how the powerful International Finance-Firm Goldman Sachs is able to attack Putin’s State led Economy on:
http://www.larouchepac.com/pages/breaking_news/2007/05/26/goldman_sachs_attacks.shtml

Not only did the US-British-Zionists attack IRAQ & Afghanistan, but they
also attack Chavez of Venezuela and Russian Putin. See it on:
http://www.larouchepac.com/pages/breaking_news/2007/05/27/escalation_putin.shtml

Study and discuss the economic origins of wars on:
http://forums.delphiforums.com/oldfri/
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Stop the Australian Involvement in all of these. David Bradbury wrote: “Don’t fantasise about the Revolution in Venezuela! Make your own peaceful Revolution here. Now!” See his full statement on: http://www.adelaideinstitute.org/LEGAL2006/Talisman.htm

Answer 6

Thomas Jefferson was a great man, but the fact that his alarmist prediction has had two centuries to come true, and hasn't, takes some of the impact out of it...

Answer 7

Jfk was killed because he dared to challenge the Vatican-owned Federal Reserve.

Answer 8

Uh.... banks are owned by the stock holders and there are MILLIONS of them in America. Most large banks today are publicly owned, not private.

Answer 9

me and my friends