| End the Corruption; Let the Federal Reserve Banking System Collapse. |
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| Articles - General |
| Written by DCB |
| Wednesday, 28 January 2009 11:39 |
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Part 1 – Private Banks & Maximizing Profits Controls Our Central Banking System It’s 2:39 AM Wednesday, January 28, 2009 and I am compelled to write this article; so compelled that I can’t sleep. I am so angry and fed up with the deceitfulness and the corruption of our current monetary system—The Federal Reserve Bank, that I really no longer want to have to depend on Federal Reserve Notes a.k.a. the US dollar for anything. I want us (the 90% of taxpayers who make 200K or less) to invoke an economic revolution and create a whole new economic system that is authentically “free trade”. They say ignorance is bliss but that knowledge is the key to many things including enlightenment. Let’s let the enlightenment begin… Did you know that the US Government does not create or print money into circulation? No. It doesn’t. It’s the Federal Reserve Banking System that issues money. The Federal Reserve Banking System is NOT a governmental agency. It’s not even a quazi-governmental agency. The US Treasury Department and the Federal Reserve Bank are not one in the same. As a matter of fact, no governmental official, not the President, the Treasury Secretary or any of their staff, attend the meetings of the Federal Reserve Bank. Our lawmakers—senators and congressman—don’t attend either. However, our newly appointed Treasury Secretary Timothy Geinthner is the former president of the New York Federal Reserve Bank. Think Obama is trying to get some insider information? We’ll see. So who is the Federal Reserve Bank? The short answer is, created in 1913 almost every bank in the US is a member of the Federal Reserve Banking System. (It’s important to note here that banks are privately run enterprises whose goals fare to maximize profits.) A Board of Governors that is made up of the 7 members that are appointed the US President and confirmed by Congress. By law these members have to fairly reflect the industrious and geographical diversity of the country. (I just visited the Federal Reserve site and read the bios of the board members listed and they do not represent industry and geographical diversity. They are all bankers and have spent most if not all of their professional tenures on northern or mid Atlantic region of the east coast http://www.federalreserve.gov/aboutthefed/bios/board/bernanke.htm) But is the FOMC (Federal Open Market Committee ) that really makes the decisions about money. The FOMC has 12 members—the 7 board of governors plus 5 Reserve District Bank Presidents. (There are 12 Federal Reserve District Banks. http://www.federalreserve.gov/otherfrb.htm) The FOMC, the committee that determines how much money to put into circulation, the availability of credit, etc., is comprised of mainly private bankers, whose goal is to maximize profits. Figuring out the Fed: Answers to the most frequently asked questions about the Federal Reserve System, Compiled by Margaret Thoren is a good resource. We have some copies at Central Office available for you to borrow. You can also check out these links… http://en.wikipedia.org/wiki/Federal_Reserve_System http://www.investorwords.com/1914/Federal_Reserve_System.html http://www.federalreserve.gov/aboutthefed/default.htm A funny note—It’s the FOMC committee of the Federal Reserve Bank that decides when and how much credit and actual currency to issue and therefore how much to print. But it doesn’t actually print the money. The federal government prints the money. I think that’s funny. I wonder if the Federal Reserve Bank pays the government to print the money it decides to issue. I hope that they do, I would hate to think that our tax dollars pays for the printing of money that is designed to keep us (the 90% who makes less than 200K) in debt forever, with its interest and compounding interest tool. Coming Soon Part 2 – Interest, Not Debt, is the Insidious Evil
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Comments (5)
ceo
written by Bob Fishman, February 03, 2009
That's a great summary of the problem and anger is certainly an appropriate response. But we can't and I believe should not destroy the banking system - just substantially change it. While we see if the new administration has the will and the way to do so - tell us about the steps we can take with the complementary currency system Equal Dollars. How can we take steps today (and every day) that will strenthen the Equal dollars system in Philadelphia and provide an alternative the sole use of Official U.S. currency; what's the news on the =$ activity?
Fed is in control
written by wiking, March 26, 2009
"He who has the gold makes the rules"
Obviously with its corrupt charter the FED is running the US Gov. They are going to do everything in their power to keep a stranglehold on the US economy. The single most important tool in fighting them is spreading the knowledge of who they are and what they do.
MD
written by Bruce Barron, October 10, 2009
Audit the Fed with no holds barred,dismantle it , and prosecute its members. The country is not going to fall apart without them. Their trillions of dollars,stocks,bonds are returned to the treasury which is the only authorized power to print the monies of the federal government.The federal reserve has been responsible for every depression and depression this country has experienced,it has financed every war if not caused them,through its vast international and global connections it controls inflation and deflation,economic policies,it controls Wall Street and the SEC,it has banrupted this country,meaning the taxpayers, with the help of irresponsible Congressman to the tune of 100 trillion dollars,
it has impoverished 3rd world countries to become 4th and 5th world countries,it is guilty of murder either through wars they cause of because of what goes on behind the closed door behind the closed doors,it is associated with the Bilderburgers,Trilateralists,and the Freemasons[who espouse naturalism,evolutionism, and the promotion of a Godless state-this is known to only a handful,of course, or they would be turned on by their own kind],it prints money out of thin air,bankrupts this country,destroys the free market system,causes the boom and bust bubbles and it is easy to see how they profit from such schemes,would let nothing stand in its way to achieve its goal which is control of the people and they have just the man to do their bidding called Obama. There is no more sure way to control people than through health care,
Federal Reserve
written by Bruce Barron, October 10, 2009
Where I state recession and recession I mean recession and depression.The federal reserve is organized crime brougt to perfection.It and its affiliates and associaations and global interactions are kept from the taxpayer and Congress which has not the courage to put these people on the firing line. The money they hold belongs to the American taxpayer and yet because of greater and greater fraudulent use for money by Congress, Congress must borrow money which the fed prints out of thin air, the money is aquired by signing over treasury bills to the fed for the loan,and out debt increases and the American taxpayer owes this money to the fed which charges interest to Congress,or the money borrowed, but which the American taxpayer must pay.It's the biggest Ponzi scheme ever conceived
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