The Great Bank Robbery: How the Federal Reserve is Destroying America!
- The Federal Reserve is a private for profit bank. It was never federal in any sense of the world. Like Federal Express it is a wholly private, non governmental organization. What is the cause of boom and bust economic cycles? Austrian economics suggests it is central banks that cause it. The western world is controlled by a cabal of Illuminati banksters! These banksters are plotting their One World Government, One World Army, One World Financial System–>Micro-chipping–> 666.
- RT reports :
A large part of the “super” in the American superpower is based on the modern creed of liberal democracy, which serves as the motor of free-market capitalism. And the lubricant that keeps this colossal machine humming at full speed 24/7 is the US dollar. So before we risk any conjectures on the future prospects of America’s versatile banknote, which presently serves as the ‘world’s reserve currency,’ perhaps we should know more about who controls it.
In the Fed We Trust
It usually comes as a shock to people – especially diehard Americans who place infinite trust in their sacred Constitution – when they discover that the US dollar is not a product of the American government. That’s right, fellow consumers, that crumpled wad of dollars in your pocket is the product of the U.S. Federal Reserve, and despite the very official title, is about as “federal” as Federal Express. The reality is that the U.S. Federal Reserve is a profit-making venture just like Wal-Mart, General Motors or McDonald’s.
Yet the US Constitution clearly states (Article 1, Section 8) that one of the many functions of government is to “coin money, regulate the value thereof.” Indeed, this task was deemed so important that the Founding Fathers mentioned it ahead of the obligation to “raise and support armies.” The Constitution says absolutely nothing about outside parties being responsible for printing money or regulating interest rates.
To quote Abraham Lincoln, the 16th president of the United States, “The privilege of creating and issuing money is… the supreme prerogative of government.”
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Ron Paul, the congressman from Texas who made an unsuccessful bid for the 2008 Republican Party presidential nomination, represents a growing number of Americans who want to see the Fed severely tamed, or put out of business altogether.
“Congress created the Fed although it had no constitutional authority to do so,” Paul told his peers during a recent House investigative meeting. “We forget that those powers not explicitly granted to Congress by the Constitution are inherently denied to the Congress and thus the authority to establish a central bank was never given.
“Congress… has essentially given up its oversight responsibilities over the Fed: there are no true audits; Congress knows nothing of the conversations, the plans, and the action-taking in concert with other central banks. We get less and less information regarding the money supply each year,” Paul continued.
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Top of the Pyramid
It is no secret that the power to print money and set interest rates constitutes the greatest power of any government.
“Let me issue and control a nation’s money,”commented international banker Amschel Rothschild, “and I care not who makes the laws.”
Henry Kissinger reduced the almighty powers of the Federal Reserve to one line: “Who controls money controls the world.”
Former chairman of the Federal Reserve Alan Greenspan, who served for 18+ years in his position, was asked by political talk show host Jim Lehrer: “What should be the proper relationship between a chairman of the Fed and the president of the United States?”
“Well, first of all, the Federal Reserve is an independent agency, and that means basically that there is no other agency of government (including the executive office) which can overrule actions that we take,” Greenspan responded matter-of-factly. “So long as that is in place… then, what the relationships are don’t frankly matter.”
In light of the above statements, it is safe to say that it is not US Commander-in-Chief Barack Obama who holds the reigns of real power in America, but rather Ben Bernanke, the chairman of the Fed.
Indeed, last December’s Newsweekmagazine proudly announced that Bernanke was the “fourth most powerful person in the world,” behind Barack Obama, Hu Jintao and Nicolas Sarkozy, but ahead of Gordon Brown, Angela Merkel and Vladimir Putin (fourth, fifth and sixth place in the Newsweek power list went to central bankers, Bernanke, Jean-Claude Trichet (EU) and Masaaki Shirakawa (Japan), as opposed to national leaders)!
But there is another infallible maxim that also dictates our political life. “Power corrupts,” said Lord Acton, “but absolute power corrupts absolutely.”
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US Department of Usury
Besides having lost the power to regulate its own currency, the United States must also pay interest on the dollars it borrows. Given that the current bailout (and buy-in) of the American economy is in the ballpark of 9 trillion dollars it will take incalculable generations to pay back this monstrous bill.
“Henry Ford thinks its stupid and so do I, that for the loan of its own money the United States should be compelled to pay… interest,” complained the famous American inventor, Thomas A. Edison. “Why must we pay interest to money-brokers for the use of our own money!”
Given the trillions of dollars that the Federal Reserve has pumped into the economy to jumpstart consumer spending (indeed, Capitalism itself), many generations of Americans will be struggling financially as the United States goes from creditor nation to debtor nation practically overnight. Yet somehow US President Barack Obama still promises to create a long overdue national healthcare plan.
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For any American to see the US Constitution being arrogantly ignored to disastrous effect is enough to make a man want to activate other parts of the US Constitution – like form a standing militia and buy a rifle – and drive these pesky bankers straight out of town. To see how serious some Americans feel about the Fed and their shadow leaders, click here.
A less drastic course of action would be to limit the powers of the Federal Reserve, but rather incredibly Chairman Bernanke is requesting the strengthening of the Fed.
- See also:
Banksters’ Takeover of America Almost Complete!
Ron Paul: The Obama Administration Wants To Give More Power To The Federal Reserve, The Institution That Caused Our Problems !
Obama’s “Financial Regulatory Reform Plan” is Banksters Consolidating Their Power!
Marc Faber: Geithner and Bernanke are 2 Mad Men Running The Economy Towards Hyper-Inflation
FedRes Would Be Shut Down If It Were Audited, Expert Says
US Senator: Banksters “Own” the Congress!
Illuminati Banksters Implementing State of Permanent Siege!
Financial Dictatorship of the Federal Reserve and Treasury
Geithner’s ‘Dirty Little Secret’: The Entire Global Financial System is at Risk
Banksters Rule America !
Collapse of America to Lead to New World Order?
UN & IMF Back Agenda For Global Financial Dictatorship
A World Currency Moves Closer After Geithner’s Slip
Ron Paul – I See No Purpose for the Federal Reserve!
Banksters Rule America !
The Federal Reserve: Secretive And Incompetent Organization ! The Creature From Jekyll Island.
History of Money & Fractional Reserve Banking System
How International Bankers Gained Control of America!
Federal Reserve is a Private Company.
Ron Paul – Federal Reserve is the Culprit!
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