Socio-Economics History Blog

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Federal Reserve is a Private Company.

Dennis Kucinich: Federal Reserve No More “Federal” Than Federal Express!
Aaron Russo and Ron Paul discuss The Federal Reserve!
  • Does a secret Illuminati Banking Cartel rule the world ? Is this the secret world government ? David Icke, in his book ‘…and the Truth Shall set You Free‘, describes the Federal Reserve System :
     
    The Federal Reserve is a cartel of private banks, of which the Bank of New York is the most powerful. To this day it controls the U.S. economy and thereby affects all of our lives. Through its U.S. offshoots and connections like J.P. Morgan and Kuhn, Loeb, and Co. the Rothschild empire controlled the principal New York banks and, through them, the Bank of New York. This gave them control of the Federal Reserve System and the American Economy. This Federal Reserve cartel is nominally controlled by the government-appointed Federal Reserve Board, which is another way of saying the Elite control it. The cartel lends money that doesn’t exist to the U.S. government and has thus ensured that the country – and therefore the people – are drowning in debt to the banks.  …….
     
    Now the Elite controlled the U.S. government’s borrowing and interest rates, and it could create booms and busts whenever it wished.  ….
     
    The power over political and human events on this planet was increased by leaps and bounds as this funny money system expanded its grip on the world. This gave the Elite’s bankers the power to manipulate wars and revolutions, almost at will, in league with other elements within the Brotherhood network, which expanded and became even more focussed on its goals during the same period that the banking system emerged.    
     

  • For a more detail study of the shareholders and ruling powers of the Federal Reserve : Who owns the Federal Reserve?  and The Fed is privately owned. Its shareholders are private banks .  
     
  • Quotes :
     
    “Some people think that the Federal Reserve Banks are United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders.” 
    – The Honorable Louis McFadden, Chairman of the House Banking and Currency Committee in the 1930s
     
    “If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered.”
    - Thomas Jefferson
     
    “The real truth of the matter is, as you and I know, that a financial element in the large centers has owned the government of the U.S. since the days of Andrew Jackson. History depicts Andrew Jackson as the last truly honorable and incorruptible American president.”
    - Franklin D. Roosevelt
     
    “Give me control of a nation’s money and I care not who makes the laws.” - Mayer Amschel Rothschild
     
    “When you or I write a check there must be sufficient funds in our account to cover that check, but when the Federal Reserve writes a check, it is creating money.”
    - Boston Federal Reserve Bank

     
  • Draw your own conclusions. 

end

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January 12, 2009 - Posted by | Economics | , , ,

18 Comments

  1. I am amazed with it. It is a good thing for my research. Thanks

    Comment by Enlargement | January 16, 2009

  2. I think you are thinking like sukrat, but I think you should cover the other side of the topic in the post too…

    Comment by Natural | January 18, 2009

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