The Federal Reserve

One of the biggest rip offs in Americas’ history is the Federal Reserve. The Federal reserve is NOT a government entity. It is a conglomerate
of private bankers, who control the nations finances.

The Federal Reserve Act of 1913 was a major coup for the international bankers. They had battled for more than a century to establish a private central bank. The bill was passed December 23, 1913 when most of the Senate were at home for the holidays. If only one senator had voted “No” the bill would not have passed.

Rep.Charles Lindberg (R. Minn,) said “This act establishes the most gigantic trust on earth. When the President signs this bill, the invisible government, by the monetary power, will be legalized. The people may not know it immediately, but the day of reckoning is only a few years removed…. The worst legislative crime of the ages is perpetrated by this banking bill”

Income tax legislation was enacted to pay for the interests the federal
reserve charged the government.

Lindberg continued:
“To cause high prices, all the federal reserve will do, will be to lower the rediscount rate producing an expansion of credit and a rising stock
market; then when business men are adjusted to these conditions, it
can check prosperity in mind-career by arbitrarily raising the rate of interest.

“It can cause the pendulum of a rising and falling market to swing
gently back and forth by slight changes in the discount rate, or cause violent fluctuations by a greater rate variation and in either case it will possess inside information as to financial conditions and advanced knowledge of the coming change, either up or down. This is the strangest, most dangerous advantage ever placed in the hands of a special privilege class by any government that ever existed”

“The system is private, conducted for the purpose of obtaining the
greatest possible profits from the use of other peoples’ money. They know in advance when to create panics to their advantage. They also know when to stop panic. Inflation and deflation work equally well for them when they control finance.”
Rep.Charles Lindberg (R. Minn,)

Only a year later the Feds had cornered the market in gold.

Rep. Louis Mc Fadden (D-P) Chairman of the Banking Committee
said the following:
“A super-state controlled by international bankers and international
industrialists acting together to enslave the world for their own pleasure

Even President Wilson had second thoughts on what was unleashed in
his first term in office. He said “We have come to be one of the worst
ruled, one of the most completely controlled governments in the
civilized world – no longer a government of free opinion, no longer a government by… a vote of the majority, but a government by the opinion and duress of a small group of dominant men”

“Some of the biggest men in the United States in the field of commerce and manufacture, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they had better not speak above their breath when they speak in condemnation of it” Woodrow Wilson

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One Response to “The Federal Reserve”

  1. CountDown Says:

    You gotta wonder if the CFR, politicians and these bankers all dove-tail somewhere.

    What Congress has created (Act), Congress can uncreate. Must be no will to change what appears to be a beautiful gift for the select few.

    Disgusting.

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