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Thoughts on the FED

2008-10-05
The Federal Reserve Bank is neither Federal nor is it reserving anything. The Fed, like the CIA is one of the most secretive agencies of government. The inception of the Fed happened on Jeckyll Island in 1910 and only 6 of the top central bankers in america attended the secret meeting. All 6 were either working for Rockefeller or JP Morgan who, in order to cut out competition in banking, turned to the government to create the Federal Reserve Banking system. The bill initially had trouble passing due to the partisan Rockefeller banker Nelson Aldrichs' name on it. Once the name was dropped and presented by the opposing party it passed quickly. The Federal Reserve Act of 1913 finally passed right before the election and on a holiday with the minimum number of votes needed to pass. This is the point at which our country changed. Now with the ability to create money out of the clear blue sky, the government and the powerful special interests can fund endless war and intervention around the world. In doing so, we became less free as people because our money was being stolen silently behind the scenes through fractional reserve banking and inflation. The gold and silver backing our money was slowly taken away and the words printed on the paper were suppose to assure confidence and full faith in the US Government. 1913 was also a year the income tax came about as well as the 17th amendment, which changed the constitution to allow the direct election of state senators by the people as opposed to the state senators. The ramifications of all this is big in light of the 10th Amendment and the idea of states right and checks and balances on the Federal Government. Fast forward past the federal reserve induced great depression and all the bad policy created with the New Deal and we get to the artificial low interest rates and the housing bubble of today. The Fed, by keeping artificial interest rates low, invites people to make bad business decisions based on the easy credit available. So now we have to create more money out of the clear blue sky to pay for these bad choices and we get poorer due to the hidden hand of inflation. We must put a stop to this as Thomas Jefferson wrote in a letter to the Secretary of the Treasury, Albert Gallatin in 1802; "if the American people ever allow private banks to control the issue of their money, first by inflation and then deflation, the banks and corporations that will grow up around them, will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered." We must learn how we are being stolen from and teach others. This is not a partisan issue. Barack Obama nor John Mc Cain understand nor will speak of ending the Fed or even hint at it even being a problem. They are owned by the same banking elite that has plundered our economy and put the tax payers on the dole. This corrupt bunch are the same people on the Federal Reserve board. Bankers, and Academics, Members of the Council on Foreign Relations and former political hacks. The main branch is the Fed Bank of NY that is the big player in the game. The President of it is Timothy Geithner. According to the Fed's own website he was director of the IMF, a member of the RAND corporation think tank, he has worked for Henry Kissenger and Associates and is a member of the CFR. Take some time and look how the Fed came about, look into what RAND does or where the CFR came from or what Henry Kissenger is all about. Look at the IMF and the World Bank. Why do the member banks of the Fed all made of big banks like JP Morgan and Bank of America? This not but a slice of a huge puzzle that can be constructed if you take a little time each day to to find out how you are being ripped off in every way. From your freedom of choice to the protection of privacy, the rights our founders exclaimed unalienable are all but lost if don't recall them and act. It is simple; "if a nation expects to ignorant and free, it expects what never was and never will be." said Thomas Jefferson. Learn as much as possible. Learn about the Fed, the Founders, Liberty, (Austrian) Economics, and teach others. Remember; "it does not require a majority to prevail, but rather an irate, tireless minority keen to set brush fires (of freedom) in people's minds." -Sam Adams