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Old November 3rd, 2004, 02:53 PM   #1
SECTION 11
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How much do you know about the Federal Reserve?


The Sad Story Of The Privately Owned Federal Reserve Bank

“The money powers prey upon the nation in times of peace and conspire against it in times of adversity. It is more despotic than a monarchy, more insolent than autocracy and more selfish than a bureaucracy. It denounces, as public enemies, all who question its methods or throw light upon its crimes. I have two great enemies, the Southern Army in front of me and the bankers in the rear. Of the two, the one at the rear is my greatest foe.” PRESIDENT ABRAHAM LINCOLN - 1866

“We have given the People of this Republic the greatest blessing they have ever had-their own currency to pay their own debts.” (No privately owned Federal Reserve Bank or other central bank)
PRESIDENT ABRAHAM LINCOLN - 1867


“The high office of the President has been used to foment a plot to destroy the Americans freedom and before I leave office I must inform the Citizen of his plight.”
PRESIDENT JOHN F. KENNEDY (10 days before he was murdered)


“Like it or not, you are a slave. You admit you are a slave every April 15th! That’s when you sign forms that “voluntarily” lay bare to the government the most private details of your life! And few people realize the income tax is a slave tax. It can never be compatible with the life of a free people.
ALAN KEYES - Republican Nominee for President


YOU OWE IT TO YOURSELF AND YOUR COUNTRY TO LEARN HOW EASILY AND QUICKLY MOST OF AMERICA'S PROBLEMS COULD BE SOLVED.

WHO OWNS THE PRIVATELY OWNED FEDERAL RESERVE BANK?
The privately owned Federal Reserve Bank is not a government agency. The privately owned Federal Reserve Bank (The Fed) is privately owned by a group of primarily foreign bankers. In 1913, Congress sank America into eternal debt by giving the power to issue currency and control the American economic system to the privately owned Federal Reserve Bank. Who are the owners or chief shareholders of the privately owned Federal Reserve Bank? Originally, there were reportedly 203,053 shares of privately owned Federal Reserve Bank stock, of which approximately 65% were owned by foreigners and approximately 35% (72,000 shares) were owned by:
  1. Rockefellers’ National City Bank = 30,000 shares
  2. Chase National = 6,000 shares (currently Chase Manhattan and owned by David Rockefeller)
  3. The National Bank of Commerce = 21,000 shares (now known as Morgan Guaranty Trust)
  4. Morgans’ First national Bank = 15,000 shares
Interestingly, the total shares owned by Rockefellers interests equal 36,000 shares and the total of Morgan’s equals 36,000 shares.

Although the privately owned Federal Reserve Act of 1913 provided the names of the owner banks be kept a secret, R.E. McMaster, publisher of the newsletter” The Reaper” discovered, through confidential Swiss banking connections, that the following banks have controlling interest in the privately owned Federal Reserve Bank
  1. Rothchild Banks of London and Berlin
  2. Lazard Brothers Bank of Paris
  3. Israel Moses Sieff Banks of Italy
  4. Warburg Bank of Hamburg, Germany and Amsterdam
  5. Kuhn Loeb Bank of New York
  6. Lehman Brothers Bank of New York
  7. Goldman Sachs Bank of New York
  8. Chase Manhattan Bank of New York (Controlled By Rockefellers)
In his impeccably researched book “Secrects of the Privately Owned Federal Reserve”, Eustace Mullins states: “Because the privately owned Federal Reserve Bank of New York sets interest rates and controls the daily supply of price of currency throughout America, the owners of that bank are the real directors of that whole system. These shareholders have controlled our political and economic destinies since 1913.” Those shareholders making up Mullins’ list are almost identical to the one compiled by the Swiss banking source.
  1. <LI style="TEXT-ALIGN: left">The Rothchilds <LI style="TEXT-ALIGN: left">Lazard Freres (Eugene Mayer) <LI style="TEXT-ALIGN: left">Israel Sieff <LI style="TEXT-ALIGN: left">Kuhn Loeb Company <LI style="TEXT-ALIGN: left">Warburg Company <LI style="TEXT-ALIGN: left">Lehman Brothers <LI style="TEXT-ALIGN: left">Goldman Sachs
  2. The Rockefeller family and J.P. Morgan interests
Sounds like a real group of American Patriots, doesn’t it!

THE INVISIBLE GOVERNMENT
The day before the privately owned Federal Reserve Act passed, Congressman Charles Lindberg Sr. said: “The money trust deliberately caused the 1907 money panic and thereby forced Congress to create a National Monetary Commission which led to the ultimate creation of the privately owned Federal Reserve Bank. The Federal Reserve Act establishes the most gigantic monetary trust on earth. When the President signs the bill, the invisible government of the Monetary Powers will be legalized. The people must make a declaration of independence to relieve themselves from the Monetary Powers, by taking control of Congress!... The worst legislative crime of the ages is perpetrated by this banking bill. The caucus and the party bosses have again operated and prevented the people from getting the benefit of their own government!”



How did the monetary powers manipulate the passage of the Federal Reserve Act? Senator Nelson Aldrich was named as chairman of the Monetary Commission, which was like naming a cat to design the canary cage. Aldrich was the maternal grandfather of Nelson Aldrich Rockefeller of Standard Oil and Chase Manhattan Bank, through the marriage of his daughter, Abby Greene Aldrich to John D. Rockefeller Jr. The Rockefellers have been the largest beneficiaries of the privately owned Federal Reserve Bank. The chief architect of the plan was Paul Warburg, a Rothchild agent who was salaried at $500,000.00 a year (equivalent to about 5 million dollars today). Another member of the monetary commission was Jacob Schiff of Kuhn-Loeb and Co., who helped finance the Bolshevik revolution in Russia with a $20 Million contribution. Schiff was born in a home shared with the Rothchilds in Frankfurt, Germany. On November 22, 1910, Aldrich and the rest of the Monetary Commission met at a private hunting club of J.P. Morgan on Jekyll Island, Georgia, to draft a bill that would put the economic future of the United States into the hands of a few private Money Powers. Read "The Creature From Jekyl Island".

The original bill was the highly unpopular Owen-Glass Bill. The name of the bill was later changed to the Federal Reserve Act. The timing of the vote for the Federal Reserve Act was engineered by its promoters. It was passed hastily in effort to break for Christmas on December 23, 1913, while the majority of opposing Congressmen were on Christmas vacation. Then, when elected, the banker-financed Woodrow Wilson immediately signed the Federal Reserve Act. Within months of starting the privately owned Federal Reserve Bank, individual Income Taxes were created to pay for this new bankers’ interest expense. The taxes of American Citizens pay the interest on all new “debt certificate” currency and credit issued by the privately owned Federal Reserve Bank. Where does the privately owned Federal Reserve Bank spend the mass profits it extorts from the labor of our People? Dr. Antony Sutton, author of “Wall Street and the Bolshevik Revolution” (Arlington House Publishers, Rochelle, N.Y., 1974), provides some insight. He conducted exhaustive research through American, Canadian and German government archives and discovered solid evidence, which he painstakingly documented, proving that many American Capitalists, primarily the JP Morgan (US Steel) interests provided financial support for the Bolshevik Revolution in Russia. Also, William B. Thompson, Director of the US Federal Reserve Bank of New York, provided the Bolsheviks significant monetary support. Dr. Sutton stated “If Thompson had not been in Russia in 1917, subsequent history might have followed quite a different course. Without the financial, diplomatic and propaganda assistance given by Thompson and his associates to Trotsky and Lenin, The Bolsheviks may well have quickly withered away.



MONEY FROM NOTHING
Ask yourself this question, “If you were given a monetary printing press and a legal contract to print and issue all the money you would ever need to run your household at no cost to you, would you, instead, give that printing press and contract to a banker and agree to borrow your money from him, to be repaid in full with interest?” "NEVER".

The government has done exactly that. The most awesome power America has is the power to CREATE, using as collateral the future productivity of its Citizens, all of the currency and credit we would ever need to run our government, prosperously! Instead, America has legislated away this priceless power of monetary and credit creation to a group of primarily foreign, self-serving bankers! According to the Supreme Court, this transfer of power is in direct violation of the law.

Congress may not abdicate or transfer to others its legitimate functions”
Schechter Poultry v U.S. 29 U.S. 495, 55 U.S. 837.842 (1935)</SPAN>



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Old November 3rd, 2004, 02:56 PM   #2
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Maybe I'll edit that tomorrow. It's a little obnoxious.
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Old November 3rd, 2004, 09:38 PM   #3
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I thought the Federal Reserve Act was the one that guaranteed money in your bank account up to $100,000.00 and that money was guaranteed by the government of the US?
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Old November 3rd, 2004, 09:47 PM   #4
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Quote:
1. Rothchild Banks of London and Berlin
2. Lazard Brothers Bank of Paris
3. Israel Moses Sieff Banks of Italy
4. Warburg Bank of Hamburg, Germany and Amsterdam
5. Kuhn Loeb Bank of New York
6. Lehman Brothers Bank of New York
7. Goldman Sachs Bank of New York
8. Chase Manhattan Bank of New York (Controlled By Rockefellers)
OH MY GOD! THE GNOMES OF ZURICH CONTROL THE WORLD!!!!!

Cardinal Mike!!

/fnord
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Old November 4th, 2004, 04:19 AM   #5
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Federal Reserve is to money like OPEC is to oil.

US of A owes half it's soul to one and the other half to the second.
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Old November 4th, 2004, 04:59 AM   #6
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Originally Posted by 40yearfan
I thought the Federal Reserve Act was the one that guaranteed money in your bank account up to $100,000.00 and that money was guaranteed by the government of the US?
No, that would be the FDIC, which was established in 1934:

http://www.fdic.gov/
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Old November 4th, 2004, 08:22 AM   #7
CardsFan88
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Basically for every 100 dollar bill they make for like 6 cents, they turn around and sell it to us for 100 dollars....err actually loan us it, at 100 dollars plus interest.

And I believe it was Wilson, who later said something to the effect of, I have unknowingly ruined my country.

And although we haven't reached that point, there are merits to what he said, as we are indebted to the Federal Reserve (unless we change that) and the worse case scenario things could get much worse if they wanted to make it worse.

But on the brighter side, we are still here, and things are relatively well...so its not all doom and gloom.

But you have to think how much better our financial future such as deficits and what not would look if we never had to pay our pimp on every dollar thats made. Then multiply that over time, and I wouldn't be so surprised if we weren't far, far better off than we are now, or possibly even in the 90's.

Still however, it should be taken away. We should take back that right, and we can still appoint someone like another Greenspan to check and balance the money supply or whatnot. We don't have to have a federal reserve in order to do that.
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99+ percent fall into this category in regards to economics epitomized in a quote by Jack Nicholson from "A Few Good Men"...."You can't handle the (economic) truth". That's a fact. When the tsunami comes, what do you think will happen to the clueless ostriches? All so needless. All so certain. Don't blame me that the economists don't know economics one bit. Blame yourself for believing in the false dichotomy of competing ivory tower wizards.

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Last edited by CardsFan88; November 4th, 2004 at 08:26 AM.
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Old November 4th, 2004, 08:34 AM   #8
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Originally Posted by SECTION 11
Maybe I'll edit that tomorrow. It's a little obnoxious.
lol...I thought you were protesting something...
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Old November 4th, 2004, 08:42 AM   #9
SECTION 11
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Originally Posted by Djaughe
lol...I thought you were protesting something...
I'm all done. I went on my five year old rampage yesterday, and I'm going to make my best effort to stick to neutral topics.
I'm not proud.
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Old November 4th, 2004, 09:33 AM   #10
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Congress authorizes debt, Fed negotiates ( mandates )rate of interest and okays the LOAN, the Treasury department prints up the new currency. Not exactly, but sorta like that.

Now when the American consumer has to compete with the high demand of Congress, the rate goes up. Dat sux.
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