J P Morgan and Paul Warburg worked for the Rothchilds whom at the time controled the majority of wealth and all the banking in Europe. They wanted the Federal reserve so as to be able to collect the interest on the money they printed for the USG and lent out to the Central Bank. In todays world are the Rothchilds still in control or has their power been diluted to several or more groups whom struggle with one another in order to get the power to get their agends satisified?
2007-11-29 01:50:00 · 6 answers · asked by Anonymous in Politics & Government ➔ Government
You should probably re-check your facts:
- The Rothschilds banking empire is a shadow of a once great banking empire. Most of their banks have been closed a long time ago (ref: http://en.wikipedia.org/wiki/Rothschilds and
http://www.answers.com/topic/rothschild-banking-family-of-england
- There is no structure or mechanism for private ownership of the Board of Governors which heads the Federal Reserve System. The mebers are forbidden by law from having any financial interest in a private bank and most have never worked in a private bank.
- The Federal Reserve branches are organized to share power with their member banks. Only American banks can be members and foreign ownership of american banks is strictly limited. These member banks must buy shares in their local branch but any 'profit' from the branch is limited to a 6% dividend on those shares.
- All 'profit' from the Federal Reserve (i.e. income after expenses) is turned over to the Treasury at the end of the year. All those T-bills the fed owns? 90% of the interest earned goes back to the Treasury.
2007-11-29 05:54:56 · answer #1 · answered by gray shadow 6 · 2⤊ 0⤋
The same families today control the Federal Reserve. In fact Woodrow Wilson had to declare the US bankrupt for the Federal Reserve to be legal. Kennedy had threatened to return the country to the gold standard...just one of the many reasons he was assassinated.
2007-11-29 02:35:37 · answer #2 · answered by Anonymous · 2⤊ 1⤋
At least Doug tried to be honest. In my experience, it is the latter concerning nearly everything: power is diluted to several groups that struggle with one another to share power and enact policy. Show me a situation where it is clear and dry not like that: it's called a dictatorship and they execute you for dissenting. That's not what's going on here.
2007-11-29 02:08:05 · answer #3 · answered by Pfo 7 · 1⤊ 4⤋
Visit this web site. It will tell you everything you never wanted to know about the federal reserve.
http://en.wikipedia.org/wiki/Federal_Reserve
2007-11-29 02:51:41 · answer #4 · answered by Easy B Me II 5 · 2⤊ 1⤋
Woodrow Wilson lamented his decision shortly after he allowed this to happen to us. He knew we were screwed.
I know far too little about this, but I believe the Bilderbergs have considerable sway. How and why and who and where, I have no clue.
2007-11-29 01:58:50 · answer #5 · answered by doug4jets 7 · 3⤊ 3⤋
It was a Zionist coup d'estate - if wasn't for Eustace Mullins "The Secrets of the federal reserve" nobody would ever have know.
2007-11-29 02:06:02 · answer #6 · answered by John M 4 · 3⤊ 5⤋