Federal Reserve---Not Who You Think They Are!
The Federal Reserve is not even a publicly traded corporation. It is privately owned so do not let the fact it has the word Federal in front of the word Reserve fool you. Some big investors have a vested interest in this by being major shareholders which I will list below.
Because our government spends more then they get in taxes from We the People they pay revenue on the interest from previous years loans from said Federal Reserve. Funny thing is that our Treasury could create its own money without interest. We have no need for the Federal Reserve or their loans. What is very interesting is both Lincoln and Kennedy tried to mint U.S. Treasury notes and what happened to them. Does the word assassination ring a bell?
Now you may wonder if the owners of the Federal Reserve have these trillions to loan us! Well, the interesting thing is they do not have to. All they have to do is create a bookkeeping entry and write a check to the National Government. So cashing the check is quite easy. Now what do they get in exchange you might ask! U.S. Bonds would be the answer which are printed out by the National Treasury.
"The Federal Reserve Bank was started by powerful banking interests. The primary owners of the Federal Reserve Bank are:
1. Rothschild's of London and Berlin
2. Lazard Brothers of Paris
3. Israel Moses Seaf of Italy
4. Kuhn, Loeb & Co. of Germany and New York
5. Warburg & Company of Hamburg, Germany
6. Lehman Brothers of New York
7. Goldman, Sachs of New York
8. Rockefeller Brothers of New York"
9. Citigroup and Chase Manhattan
The myth that the Federal Reserve System has brought stability to this national economy! That would be wrong. The Federal Reserve was authorized by Congress in 1913 and then began operation in 1914 and overlooked the doubling of prices during and after World War I. In the 70's the Federal Reserve was responsible for the inflation that hit at that time.
These are just a few of the examples we could list. "There was the Black Monday stock market crash in 1987, the collapse of the savings and loan banks during the 80's the inflation and bursting of the dot.com bubble in the following decade, the collapse of the housing market, and the meltdown of the major finance companies in 2007-2008!" This quote from Jack Kenny.
18 recessions in a hundred years which on an average is one every 6 years. Now that is ridiculous. It should make you angry in fact that this private entity still exsists. Our dollar which is not backed by gold or silver has lost 95 percent of its purchasing power. This means that what cost a $1 back in the good old days of 1913 now costs $20 in today's world.
As more and more paper dollars are printed each becomes more worthless then the one before. Now we have to pay back debts that are incurred and how is this done? Well, by you the taxpayer. So if you think your tax money goes to the government think again as it goes to the Federal Reserve. And the IRS the Federal Reserves partner in crime; does not just take the money for gains, but also is taxing you on inflation.
--Charles A. Lindbergh Sr., 1923
The new law will create inflation whenever the trusts want inflation...they can unload the stocks on the people at high prices during the excitement and then bring on a panic and buy them back at low prices...the day of reckoning is only a few years removed.
When the President signs this act [Federal Reserve Act of 1913], the invisible government by the money power -- proven to exist by the Monetary Trust Investigation -- will be legalized. The new law will create inflation whenever the trusts want inflation. From now on, depressions will be scientifically created.
---Charles A. Lindbergh Sr.,
He was a Senator from Minnesota and opposed the Federal Reserve from 1907 to 1917