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International Bankster$
INTERNATIONAL BANK$TERS
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The Federal Reserve in the 21st Century
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My feeling is that the truth is in the middle. I would certainly like to hear the arguments for not having an audit! The argument is that private banks should not be allowed to set and collet interest on public-government money. I agree. Before this can change there needs to be a discussion about paying back money that we did indeed borrow from private sources. On the other hand, there should be limits on what interest can be required in our attempt to pay these sources back. Perhaps if there were NO interest allowed and we could tell these folks to be happy they are having the funds they loaned returned at all, we might eliminate the national debt. The interest they have already been given is more than enough compensation. I suspect they could live on what they have been given already.
Mikhayla wrote: "My feeling is that the truth is in the middle. I would certainly like to hear the arguments for not having an audit! The argument is that private banks should not be allowed to set and collet inter..."Thanks Mikhayla.
The Federal Reserve Conspiracy
The Fed and the World War I and Russian Revolution and Conspiracy Theories: Federal Reserve Board and International Capital
Global Research: The Federal Reserve Cartel - The Eight Families http://www.globalresearch.ca/the-fede...
One of the things I have never understood is how a private institution ends up as the Federal Reserve. The two very top requirements for a government is defence of the realm, and defence of the currency, and the US government seems to have abandoned the second.
Ian wrote: "One of the things I have never understood is how a private institution ends up as the Federal Reserve. The two very top requirements for a government is defence of the realm, and defence of the currency, and the US government seems to have abandoned the second. ..."Careful, Ian...If the masses ever understand this like you have, then there could be an uprising...
Federal Reserve Act of 1913 (making America's central bank a PRIVATELY owned bank) https://www.goodreads.com/topic/show/...
Fancy owning a bank with a licence to print money, James. Difficult to fail.
Yeah and it's scary to think who has orchestrated that. And gotten away with such an anti-Constitutional act for over a century...
Funny...but not so funny...More like Funny Money.$9,000,000,000,000 MISSING From The Federal Reserve https://www.youtube.com/watch?v=1QK4b...
Nine Trillion!
And as you can see in this revealing video, nobody (not even the Federal Reserve Inspector General!) has the slightest clue where the money went.
Now that is a tad careless. Makes forgetting where the car keys are somewhat trivial.
Ian wrote: "Now that is a tad careless. Makes forgetting where the car keys are somewhat trivial."I love how in that video the Federal Reserve Inspector General has a lawyer constantly whispering advice in her ear. And then that lawyer had another lawyer whispering advice in her ear.
Maybe that's a metaphor for the layers and levels of secrecy and financial chicanery we are dealing with here with the whole Federal Reserve conspiracy...
Underground Knowledge — A discussion group
Books mentioned in this topic
Secrets of the Temple: How the Federal Reserve Runs the Country (other topics)End the Fed (other topics)
The Federal Reserve Conspiracy (other topics)
The Fed and the World War I and Russian Revolution and Conspiracy Theories: Federal Reserve Board and International Capital (other topics)
International Bankster$ (other topics)
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“Von Pein understood the entire monetary system was a gigantic Ponzi scheme and could be tampered with accordingly. He and his Federal Reserve cronies controlled interest rates, inflation and the printing of paper money. Thanks to him, funds from the Fed could be consistently funnelled into the Omega Agency via a multitude of offshore bank accounts.” –The Orphan Factory:
It has been estimated by independent researchers that eight banking families, including the Rockefeller family, own 75% to 85% of the shares in the Federal Reserve Bank. Many of the individuals in those families are also politicians. They include Republicans and Democrats, so clearly political allegiances make no difference. That’s no surprise as it’s almost common knowledge that the same financiers bankroll the campaigns of the two dominant parties in American politics.
Interestingly, most of the shareholders of the Fed are also members of the Bilderberg Group and/or the Council on Foreign Relations, which many independent researchers claim are elitist organizations.
After more than a century of these banksters having their way with little opposition, there has in recent times been a groundswell of resistance against the Fed. This resistance began as a grassroots movement early in the 21st Century and has really caught on in the last few years.
Two of the main reasons for the Federal Reserve conspiracy theory reaching popular consciousness were Ron Paul’s presidential campaigns and the Occupy movement, that protest movement against economic and social inequality.
Congressman Ron Paul, a long-time critic of the Fed, said the following at the Republican GOP debate in Dearborn, Michigan, on October 9, 2007:
“What’s happening is, there’s transfer of wealth from the poor and the middle class to the wealthy. This comes about because of the monetary system that we have. When you inflate a currency or destroy a currency, the middle class gets wiped out… which is created by the Federal Reserve system benefit. So the money gravitates to the banks and to Wall Street.”
And even more to the point, in a CNBC debate with Faiz Shakir on March 20, 2008, Ron Paul was asked to explain why he believes the Federal Reserve should not exist. Paul answered as follows:
“First reason is, it’s not authorized in the Constitution, it’s an illegal institution. The second reason, it’s an immoral institution, because we have delivered to a secretive body the privilege of creating money out of thin air; if you or I did it, we’d be called counterfeiters, so why have we legalized counterfeiting? But the economic reasons are overwhelming: the Federal Reserve is the creature that destroys value. This station talks about free market capitalism, and you can’t have free market capitalism if you have a secret bank creating money and credit out of thin air. They become the central planners, they decide what interest rates should be, what the supply of money should be”.
Only a few years later, the Occupy Movement became headline news around the world after a series of dramatic protests. To paraphrase, the international protest organization’s mission statement is to rally against inequality in all forms, especially economic inequalities. The Occupy Movement also aims to make the spread of wealth more evenly distributed amongst all sectors of society.
2011’s Occupy Wall Street struck a chord with the masses, and the movement’s ideals spread like wildfire from there. Less than a month after the Wall Street occupation began in New York City, there were protests all across America, and even more impressively in 82 countries worldwide.
During Occupy Wall Street, End the Fed and Audit the Fed were popular slogans used by protestors, and the mainstream media reported on these. We are the 99% proved to be an even more popular Occupy slogan – so much so that it soon became a worldwide catchphrase used by charities, television advertisers and common citizens.
Primarily off the back of the awareness gained from the Occupy Wall Street movement and Ron Paul’s 2008 and 2012 presidential campaigns, campaigners’ desire that the Federal Reserve System be audited sparked nationwide interest.
In 2012, a bill inspired by this movement was passed through the House of Representatives with overwhelming bipartisan support. Called ‘Audit the Fed’, the bill was introduced into the House by Ron Paul.
However, since then, Paul’s son Rand Paul launched an initiative to pass the same bill into the Senate. This debate is still ongoing as of writing, but it does not look likely to become law. Although the bill has some support in the Senate, Rand Paul currently faces stiff opposition from the likes of recently instated Federal Reserve Chair Janet Yellen and President Obama, to name but two.
Interestingly, although the banner for the ‘Audit the fed’ bill has been passed to his son, Ron Paul continues to champion the cause. As recently as September 14, 2015, he indicated in an article for Newsmax.com, a site which calls itself “America’s News Page,” that while he remains hopeful the audit legislation will go through he knows it’s a long shot.
Ron Paul writes: “The only positive step toward addressing our economic crisis that the Senate may take this year is finally holding a roll call vote on the Audit the Fed legislation. Even if the audit legislation lacks sufficient support to overcome an expected presidential veto, just having a Senate vote will be a major step forward.
“Passage of the Audit the Fed bill would finally allow the American people to know the full truth about the Fed’s operations, including its deals with foreign central banks and Wall Street firms.
“Revealing the full truth about the Fed will likely increase the number of Americans demanding that Congress end the Fed's monetary monopoly. This suspicion is confirmed by the hysterical attacks on and outright lies about the audit legislation spread by the Fed and its apologists”.
Ron Paul continues, “Every day, the American people see evidence that, despite the phony statistics and propaganda emanating from Washington, high unemployment and rising inflation plague the economy”.
He concludes, “Unless the people demand an end to the warfare state, the welfare state, and fiat money, our economy will continue to deteriorate until we are faced with a major crisis.
This crisis can only be avoided by rejecting the warfare state, the welfare state, and fiat money”.
Why are leaders so scared of having an audit of a supposedly federal organization?
Perhaps it’s because there has never been a true, comprehensive audit of the Federal Reserve since the institution began in 1913…
“We have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal reserve banks. The Federal Reserve Board, a Government board, has cheated the Government of the United States out of enough money to pay the national debt. The depredations and the iniquities of the Federal Reserve Board and the Federal reserve banks acting together have cost this country enough money to pay the national debt several times over. This evil institution has impoverished and ruined the people of the United States; has bankrupted itself, and has practically bankrupted our Government.” –Congressman Louis T. McFadden. 10 June, 1932
For an unashamedly biased viewpoint on banksters in the United States allow us to refer you to AmericanBankster.com – a site which, according to its homepage, is “dedicated to exposing the dangers of fiat money and the Federal Reserve System”.
AmericanBankster.com’s introductory statement reads (in part):
“In short, inflation is theft. Inflation results in a transfer of wealth from your bank account to those printing or creating new money; primarily the banksters at the Federal Reserve. This means that each and every year, the money in your bank account loses value not because of the "market", but because of the actions of the Federal Reserve. Under the Federal Reserve the dollar has lost 96% of its purchasing power. It would take only 4 cents in 1913 to buy a 2009 dollar.
“Many of us have been conditioned to believe that this is just the way things work, that inflation just occurs over time. Yet prior to the creation of the Federal Reserve, the dollar gained value over time, which is what it should do! This would make savings a real asset to you instead of a liability”.
Among the headlines on the site’s homepage is one drawing attention to the US Government’s enthusiasm for printing money. The writer warns, “If President Obama and the Congress don’t show any signs of easing up on SPENDING, then the Federal Reserve will have to increase the amount of dollars it prints.
“If it keeps printing dollars at this rate, then very soon we will see the effects of inflation begin, followed by hyper-inflation.
“Prices will spiral up and out of control and most of the middle class will become poor and the already poor will suffer the most. The cost of milk and bread will be prohibitively high. Small farms will go out of business, driving prices even higher as competition is diminished”.
While still potentially alarmist, it is worth noting that these theories and predictions expressed by AmericanBankster.com probably would have been categorized as lunatic fringe several decades ago, extreme a decade ago, and not quite mainstream today.
As more ‘underground knowledge’ on banking, high finance and the way the world actually works is released to the public, who is to say whether such theories may not become commonly accepted by economists and academics alike in the coming years and decades.