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- inactive, on 04/04/2009, -14/+313Let's start with an audit. A complete audit.
Among a mountain of other information, I want to know:
1.- Who are the owners of the Federal Reserve System
2.- How much profit have they taken out of the system
3.- How much of our gold have they sold and where is the remainder
4.- If they are associated with the banks that they are now bailing out with our money
Audit the Fed! HR 1207
http://www.opencongress.org/bill/111-h1207/text - shotsy5, on 04/04/2009, -10/+256Absolutely yes!
Because it's "The Creature from Jekyll Island."
End it, don't mend it. It's beyond any reform, and time is of the essence. - PeppermintPig, on 04/04/2009, -10/+207Why should complete strangers be meddling with the value of your money and creating it at will to give to their banking and government friends?? If YOU were to do what they do, it would be considered a crime: Counterfeiting!!!
The Federal Reserve claims it has a check against hyperinflation, but they don't seem to understand that when you freaking DOUBLE the currency base, that IS inflation. They obscure plain facts with doublespeak, such as Bernanke saying there is a 'mechanism' to deal with paying for more government programs... anybody want to take a guess as to what this 'mechanism is'??? - sloppychris, on 04/04/2009, -4/+153I wish more people understood the damage the Fed can and does inflict on average Americans.
- letsgetsurgical, on 04/04/2009, -21/+122HELL HAS FROZEN OVER, AN ISSUE PUT FORWARD BY RON PAUL IS BEING DISCUSSED SERIOUSLY!!!
I can't give a more enthusiastic yes to this question. And I mean literally...we should kill everyone in the Fed for treason. These unelected, unaccountable officials who appoint each other have had this country by the balls since 1913. If CNN or FOX actually put up the facts about the Fed, Americans would march straight to Washington and handle business.
Even if these guys had good intentions, to give one man (or any number of people, for that matter) the power to decide a nation's money supply is spelling trouble. It is NOT free market capitalism to have artificially set interest rates and a money supply that can be fluctated at will, so anyone blaming capitalism for this mess, it's time to open your eyes to that. These must be determined by the markets to be efficient. When businessmen like Bernanke control the markets, we have a situation like Japan who went through a massive liquidity trap, or even our current situation: our interest rates are so low we can't lower them anymore to encourage lending (don't worry though, when China starts scaling back on its purchasing of our debts, the interest rates will shoot right back up, grinding our economy to a halt). Our dollar is losing value at an alarming rate, thanks to the Fed pumping in trillions.
But even if you want to shrug off the economics problems it causes, all you have to do is look at history to see the Fed's atrocities. Woodrow Wilson went on record before he died, and said a group of PRIVATE INTERNATIONAL BANKERS deceived him into sponsoring the Federal Reaserve Act, a document the bankers themselves made (that's unconstitutional, in case you didn't know- it's like a German handing us a piece of legislation). The bill was voted on in Congress on December 24th, 1913, when all but THREE congressmen were absent due to Christmas eve, and at the time only a majority vote was needed. Private bankers were able to give themselves a monopoly on our currency, and what happened 20 years later? Under FDR, the US was declared bankrupt, amidst a depression caused by THEIR enormous injections of false capital.
We all know what happens in bankruptcy...the U.S. had to pledge collateral on its debt to the Fed. Where can you get that much money? The citizens, of course!!! Of course you can't call it collateral, they needed to make it sound like the people would want it. So in 1936, the Social Security Act was created, thus pledging you, me, and our children as our government's collateral on its debt to the Federel Reserve.
I have much more, but I know I've exceeded the average digger's attention span. Just remember this: the Federal Reserve is no more federal than federal express. They are not elected, they meet in secret, they require no legislation, and Alan Greenspan went on record and told us there is no agency of government- from the President on down- that can check their actions whatsoever. Every day we allow the Fed to exist is another day we are getting slapped in the face by these banksters.
A little fun fact- the #2 position in the Fed is the head of the New York Fed. Guess who the last person was to hold that position? A guy named Timothy Geithner. - Trekhawk, on 04/04/2009, -9/+90Why is there even a debate here?
PRO: We kill it and reclaim our constitutional right to control our own money and we stop inflating the currency.
CON: .............. - RelionX, on 04/04/2009, -5/+70Thomas Jefferson: We must not let our rulers load us with perpetual debt. We must make our election between economy and liberty or profusion and servitude. If we run into such debt, as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in our labors and our amusements, for our calling and our creeds...[we will] have no time to think, no means of calling our miss-managers to account but be glad to obtain subsistence by hiring ourselves to rivet their chains on the necks of our fellow-sufferers... And this is the tendency of all human governments. A departure from principle in one instance becomes a precedent for[ another]... till the bulk of society is reduced to be mere automatons of misery... And the fore-horse of this frightful team is public debt. Taxation follows that, and in its train wretchedness and oppression.
Why did nobody listen to him back then? - faskippy, on 04/04/2009, -15/+80Someone asked who owns the Federal Reserve. Well, here ya go: (Pardon the length, but this is it) It works much better if you hit on the link provided.
This info is a little old, 1976, but the companies still exist and their executives still hold the highest offices in the US Gov’t.
You’ll notice that these people own almost everything.
Just in case you can’t read this in email: http://www.rumormillnews.com/WHO_OWNS_FED.htm
CHART OF WHO OWNS
THE FEDERAL RESERVE BANKING SYSTEM
Created by
Don Allen
Chart 1
Federal Reserve Directors: A Study of Corporate and Banking Influence
Published 1976
Chart 1 reveals the linear connection between the Rothschilds and the Bank of England, and the London banking houses which ultimately control the Federal Reserve Banks through their stockholdings of bank stock and their subsidiary firms in New York. The two principal Rothschild representatives in New York, J. P. Morgan Co., and Kuhn,Loeb & Co. were the firms which set up the Jekyll Island Conference at which the Federal Reserve Act was drafted, who directed the subsequent successful campaign to have the plan enacted into law by Congress, and who purchased the controlling amounts of stock in the Federal Reserve Bank of New York in 1914. These firms had their principal officers appointed to the Federal Reserve Board of Governors and the Federal Advisory Council in 1914. In 1914 a few families (blood or business related) owning controlling stock in existing banks (such as in New York City) caused those banks to purchase controlling shares in the Federal Reserve regional banks. Examination of the charts and text in the House Banking Committee Staff Report of August, 1976 and the current stockholders list of the 12 regional Federal Reserve Banks show this same family control.
--------------------------------------------------------------------------------
N.M. Rothschild , London - Bank of England ______________________________________ | | | J. Henry Schroder | Banking | Corp. | | Brown, Shipley - Morgan Grenfell - Lazard - | & Company & Company Brothers | | | | | --------------------| -------| | | | | | | | | Alex Brown - Brown Bros. - Lord Mantagu - Morgan et Cie -- Lazard ---| & Son | Harriman Norman | Paris Bros | | | / | N.Y. | | | | | | | | Governor, Bank | J.P. Morgan Co -- Lazard ---| | of England / N.Y. Morgan Freres | | 1924-1938 / Guaranty Co. Paris | | / Morgan Stanley Co. | / | / | \Schroder Bank | / | Hamburg/Berlin | / Drexel & Company / | / Philadelphia / | / / | / Lord Airlie | / / | / M. M. Warburg Chmn J. Henry Schroder | | Hamburg --------- marr. Virginia F. Ryan | | | grand-daughter of Otto | | | Kahn of Kuhn Loeb Co. | | | | | | Lehman Brothers N.Y -------------- Kuhn Loeb Co. N. Y. | | -------------------------- µ | | | | 8 | | | |Lehman Brothers - Mont. Alabama Solomon Loeb Abraham Kuhn | | __|______________________|_________Lehman-Stern, New Orleans Jacob Schiff/Theresa Loeb Nina Loeb/Paul Warburg------------------------- | | | | | Mortimer Schiff James Paul Warburg_____________|_______________/ || | | | |Mayer Lehman | Emmanuel Lehman \| | | \Herbert Lehman Irving Lehman \| | | \Arthur Lehman \ Phillip Lehman John Schiff/Edith Brevoort Baker / | Present Chairman Lehman Bros / Robert Owen Lehman Kuhn Loeb - Granddaughter of / | George F. Baker | / | | / | | / Lehman Bros Kuhn Loeb (1980) | / | | / Thomas Fortune Ryan | | | | | | Federal Reserve Bank Of New York | |||||||| | ______National City Bank N. Y. | | | | | National Bank of Commerce N.Y ---| | | \ | Hanover National Bank N.Y. \ | | \ | Chase National Bank N.Y. \ | | | |Shareholders - National City Bank - N.Y. | ----------------------------------------- | | /James Stillman /Elsie m. William Rockefeller /Isabel m. Percy Rockefeller / William Rockefeller Shareholders - National Bank of Commerce N. Y. J. P. Morgan -----------------------------------------------M.T. Pyne Equitable Life - J.P. MorganPercy Pyne Mutual Life - J.P. MorganJ.W. Sterling H.P. Davison - J. P. MorganNY Trust/NY Edison Mary W. HarrimanShearman & Sterling A.D. Jiullard - North British Merc. Insurance| Jacob Schiff| Thomas F. Ryan| Paul Warburg| Levi P. Morton - Guaranty Trust - J. P. Morgan||Shareholders - First National Bank of N.Y.-------------------------------------------J.P. MorganGeorge F. BakerGeorge F. Baker Jr.Edith Brevoort BakerUS Congress - 1946-64|||||Shareholders - Hanover National Bank N.Y.------------------------------------------James StillmanWilliam Rockefeller|||||Shareholders - Chase National Bank N.Y.---------------------------------------George F. Baker
--------------------------------------------------------------------------------
Chart 2
Federal Reserve Directors: A Study of Corporate and Banking Influence
- Published 1983
The J. Henry Schroder Banking Company chart encompasses the entire history of the twentieth century, embracing as it does the program (Belgium Relief Commission) which provisioned Germany from 1915-1918 and dissuaded Germany from seeking peace in 1916; financing Hitler in 1933 so as to make a Second World War possible; backing the Presidential campaign of Herbert Hoover ; and even at the present time, having two of its major executives of its subsidiary firm, Bechtel Corporation serving as Secretary of Defense and Secretary of State in the Reagan Administration.
The head of the Bank of England since 1973, Sir Gordon Richardson, Governor of the Bank of England (controlled by the House of Rothschild) was chairman of J. Henry Schroder Wagg and Company of London from 1963-72, and director of J. Henry Schroder,New York and Schroder Banking Corporation,New York,as well as Lloyd's Bank of London, and Rolls Royce. He maintains a residence on Sutton Place in New York City, and as head of "The London Connection," can be said to be the single most influential banker in the world.
--------------------------------------------------------------------------------
J. Henry Schroder ----------------- | | | Baron Rudolph Von Schroder Hamburg - 1858 - 1934 | | | Baron Bruno Von Schroder Hamburg - 1867 - 1940 F. C. Tiarks | 1874-1952 | | | marr. Emma Franziska | (Hamburg) Helmut B. Schroder J. Henry Schroder 1902 | Dir. Bank of England | Dir. Anglo-Iranian | Oil Company J. Henry Schroder Banking Company N.Y. | | J. Henry Schroder Trust Company N.Y. | | | ___________________|____________________ | | Allen Dulles John Foster Dulles Sullivan & Cromwell Sullivan & Cromwell Director - CIA U. S. Secretary of State Rockefeller Foundation Prentiss Gray ------------Belgian Relief Comm. Lord AirlieChief Marine Transportation -----------US Food Administration WW I Chairman; Virgina FortuneManati Sugar Co. American & Ryan daughter of Otto KahnBritish Continental Corp. of Kuhn,Loeb Co. | | | | M. E. Rionda | ------------ |Pres. Cuba Cane Sugar Co. |Manati Sugar Co. many other |sugar companies. _______| | | | | G. A. Zabriskie | --------------- | Emile FrancouiChmn U.S. Sugar Equalization | --------------Board 1917-18; Pres Empire | Belgian Relief Comm. KaiBiscuit Co., Columbia Baking | Ping Coal Mines, TientsinCo. , Southern Baking Co. | Railroad,Congo Copper, La | Banque Nationale de Belgique Suite 2000 42 Broadway | N. Y | __________________________|___________________________|_ | | | | | | Edgar Richard Julius H. Barnes Herbert Hoover ------------- ---------------- -------------- Belgium Relief Comm Belgium Relief Comm Chmn Belgium Relief ComAmer Relief Comm Pres Grain Corp. U.S. Food AdminU.S. Food Admin U.S. Food Admin Sec of Commerce 1924-281918-24, Hazeltine Corp. 1917-18, C.B Pitney Kaiping Coal Mines | Bowes Corp, Manati Congo Copper, President | Sugar Corp. U.S. 1928-32 | | |John Lowery Simpson------------------- Sacramento,Calif Belgium Relief |Comm. U. S. Food Administration Baron Kurt Von SchroderPrentiss Gray Co. J. Henry Schroder -----------------------Trust, Schroder-Rockefeller, Chmn Schroder Banking Corp. J.H. SteinFin Comm, Bechtel International Bankhaus (Hitler's personal bankCo. Bechtel Co. (Casper Weinberger account) served on board of allSec of Defense, George P. Schultz German subsidiaries of ITT . BankSec of State (Reagan Admin). for International Settlements, | SS Senior Group Leader,Himmler's | Circle of Friends (Nazi Fund), | Deutsche Reichsbank,president | |Schroder-Rockefeller & Co. , N.Y.---------------------------------Avery Rockefeller, J. Henry SchroderBanking Corp., Bechtel Co., BechtelInternational Co. , Canadian BechtelCompany. | | | | Gordon Richardson --------------- - RonPauls, on 04/04/2009, -8/+72Buchanan is turning (kind of) Austrian...
The most notable thing I picked up in the article was this:
"Herbert Hoover, contrary to the myth that he was a small-government conservative, renounced laissez-faire, raised taxes, launched public works projects, extended emergency loans to failing businesses and lent money to the states for relief programs."
Buchanan intentionally leaves out the Smoot-Hawley protectionism that is at the top of many economists' lists of bad decisions made by Hoover. I imagine that Buchanan does not see the protectionism as a problem, as he himself is a noted protectionist.
Still, as a small government republican who opposes war and is critical of the fed, Pat Buchanan is one of the best in the mainstream political sphere. - oldcrow, on 04/04/2009, -7/+64Yes. We should kill the Fed. We should do it now, before it can do any more damage to the United States. But the politicians will never have the guts to do it, and only a few of them have the brains to realize that it needs to be done.
- DubYaSee, on 04/04/2009, -10/+64Yes
- Chak2007, on 04/04/2009, -1/+50Kill it with fire!
- Valyn, on 04/04/2009, -0/+36Considering that even the founding fathers knew that the idea we know know as the fed was a horrible idea, why the hell can't our current leaders?
- inactive, on 04/04/2009, -3/+39We dont own the fed the fed owns us
- inactive, on 04/04/2009, -6/+37The answer is a complete and ***** YES!!!!!!!!!!!!!!
Mr. President please do this! - PeppermintPig, on 04/04/2009, -2/+32Yes. The basic answer is that this 'mechanism' is pawning off the costs on anyone who holds USD, so you will pay but believe government is doing a great job fixing things.
I don't see how they could possibly recover at this point. Hyperinflation is likely, and all this talk by foreign nations about changing reserve currencies only contributes to the instability. Despite all the money Obama has at his disposal, he's done a lot to sabotage what opportunities he's had to make the public believe he's creating wealth. The more pressure to lob bailouts to try to solve problems, the more wasteful the outcome. - vinwal, on 04/04/2009, -0/+29Because it is not a horrible idea to the corrupt rich elitist owned politicians.
- LibertyDigg, on 04/04/2009, -2/+29Email Congress:
Abolish the Federal Reserve
http://www.votervoice.net/Core.aspx?AID=972&Sc ... - MooseOfReason, on 04/04/2009, -0/+26Article 1, Section 8:
To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;
To provide for the Punishment of counterfeiting the Securities and current Coin of the United States;
Let's get to providing Punishment, shall we? - lostinseganet, on 04/04/2009, -5/+30End the fed? yes! We need to have a concentrated effort of elect people who will do this.
- ZZeke, on 04/04/2009, -1/+24Everyone thinks the Fed is actually part of the Federal government, and when you try to correct this misconception publicly, the media gatekeepers squelch it.
- PeppermintPig, on 04/04/2009, -0/+22The solution, in my opinion, is to simply sever ties with them.. at the very least. They are not government, so let them wither and die.
To the extent that they act like government, that has more to do with Congress and its ***** laws that gives them such access and power. They are entrenched. One could, after severing ties, recognize them as a threat on the grounds of espionage and manipulating government officials to promote their agenda.
They are too well connected for an investigation to bear any fruit. BUT, and while I tend to frown up on this, you could basically use such an investigation as a government official to demonize the federal reserve and win in the court of public opinion. But destroying their credibility, if it is done, must also destroy all credibility for ANY central banking scheme. The odds of getting free market banking are slim to none with this authoritarian mess on our hands.
The corruption is in government itself, where individuals from the federal reserve freely cross over into government positions. It's an ivory tower. - inactive, on 04/04/2009, -7/+28I'm not even gonnna read the article, but i'm gonna hafta say "YES!!"
- inactive, on 04/04/2009, -3/+23***** The FED and The RIAA
- faskippy, on 04/04/2009, -1/+21You can find out who owns the Fed in my post below. It is not up to date, but will open most peoples eyes, regardless. Do you know how many uneducated sheeple there are still out there who think the Fed is Federal?
- ZZeke, on 04/04/2009, -3/+22I don't really think it matters if they're Jewish, do you?
- PeppermintPig, on 04/04/2009, -2/+21But, but, but... they have a .gov website!
:P - inactive, on 04/04/2009, -5/+24WE can't kill it without a revolution. And them days are over. We now fight our fights with a keyboard.
The pussifiction of America is complete - PeppermintPig, on 04/04/2009, -0/+18Lincoln's creation of the greenback, however fiat it was, was a government currency. The Federal Reserve made a forgery of the greenback by copying the original design. Liberty Dollar did far less to receive an unjust action upon them by the government, yet the Federal Reserve gets to slide on this issue of 'likeness' when they completely took it over. I think we know why.
Government collusion is too strong to deal with the situation properly via government alone. - MooseOfReason, on 04/04/2009, -0/+18faskippy, My comment would be very long.
HR 1207, the Federal Reserve Transparency Act, currently has 58 co-sponsors. It's a bill that would require the GAO to perform an audit of the Federal Reserve.
Few, but growing by the day.
For an updated count go to http://thomas.loc.gov and search for HR 1207. - faskippy, on 04/04/2009, -1/+18If you look at it as if the "elite bankers" are the queen bee, and we are the workers, it makes more sense.
- inactive, on 04/04/2009, -2/+19So does he.
He also thinks that France has a right to remain French.
He thinks that diversity is not necessarily virtuous, and that does not mean that he doesn't think that all men are not created equally. - ZZeke, on 04/04/2009, -1/+18Not that I have a problem with identifying people as Jewish, but don't you guys think that the focus should remain on their actions, rather than their supposed religions? Seriously - as soon as you go there, it opens a whole can of worms that has nothing to do with the solution. It really doesn't matter which god they pretend to worship, these people are soulless vampires regardless, and pointing the finger at "Jews" places the blame on millions of decent and peaceful people who have absolutely nothing to do with this, and it gives them reason to shut their eyes and ears when they should be listening.
I'd rather see the Fed and the international banking cartels go down without being able to play the "race card". It's only going to complicate things and cloud the real issues, giving them a chance to play on the world's sympathies in order to protect their criminal syndicate. Just look at the government of Israel if you need an example. Do we really want or need to go down that road?
- chupavacas, on 04/04/2009, -1/+18I'm willing to bet that libertarians are the only ones who know what central banking does.
- faskippy, on 04/04/2009, -1/+18There are no cons when you ask the working, taxpaying, educated American. Notice, I said educated. But, we are not one of the 547 elected officials in power. They, if they could be honest with us, would be able to give a hell of a LOT of cons. Why? Because they'd be ***** in their life as they know it. To me, that is even more reason, if you know what I mean.
- RonPauls, on 04/04/2009, -3/+19the left doesn't like getting rid of it cause they won't have money for welfare
the right doesn't like it cause you won't have money for warfare - inactive, on 04/04/2009, -2/+18In short, The Bilderberg Group
- PeppermintPig, on 04/04/2009, -1/+17I agree.
But I am not deceptively trying to steal your money by printing or creating more currency through digits. The value of a good can be negotiated, but it's not a 'manipulation' in that sense of the word.
Was it ignorance, or just poorly worded to your satisfaction? The Fed also creates credit just as the treasury prints physical 'notes', but moreso... or are you just being ignorant? :P - SilverBlade2k, on 04/04/2009, -4/+20Yes, we should kill the Fed.
- letsgetsurgical, on 04/04/2009, -9/+24I'm just guessing at what this lunatic means...probably another period like when Clinton was president. They'll take a few years once the economy stables to steadily pump false capital into the system, and make whoever is in charge at the time look like a genius giving us prosperity. Then, they'll take all their majic money and go to war, sticking us with the bill AND the inflationary effects.
- mparker21311, on 04/04/2009, -3/+18I'll never understand why people don't want to get to the source of the problem? I know that many of us are uneducated on these matters, but they must know something is wrong? Audit the fed!
- ShaneMcDeath, on 04/04/2009, -2/+17Anyone who thinks a politician is going to end the Fed, or even could, is massively misinformed.
i thought zeitgeist addendum covered this brilliantly. Check it out if you get the chance. - mugicha, on 04/04/2009, -0/+14offrdbandit and others, I think, are missing the point. Market transactions between buyers and sellers are absolutely not the same thing as a man sitting in an office arbitrarily setting by fiat the price of money, i.e. interest rates. One is an example of free market capitalism, the other is an example of, as PeppermintPig points out, someone 'meddling with the value of money'.
- 15charmaxwtf, on 04/04/2009, -1/+15They were at Jekyl Island in 1910, not 1913.
- rjey, on 04/04/2009, -1/+15Obama knew full well who Geithner is and who he really works for. But still the nation voted him in and now we are stuck with giving the bankers money hand over fist. Interesting to say the least.
- Makave22, on 04/04/2009, -0/+13It will be hard to kill the fed now that run things the way they want it. Those toxic asset were penny on the dollr cheap.
- iamacyborg, on 04/04/2009, -1/+14@offrdbandit
Just like anyone with a brain should be capable of understanding that when someone talks about the Federal Reserve "meddling with the money supply", they're referring to their exclusive ability to create money out of thin air.
If I purchase a basket of oranges from my neighbor for $20, he accepts that money with the understanding that he can use it to purchase $20 worth of the products of my labor. He knows this the case with a sound currency because I, or someone, would have had to contribute $20 worth of labor in order to obtain that $20 in the first place. If instead, I were allowed to print $20 out of nowhere, there is no labor backing that note, and the man has essentially given up his produce for a piece of paper.
While this effect may be diluted by having lots of legitimately earned notes in circulation, it still has a negative impact on the economy, the extent of that impact being the rate of inflation in the economy. This is what people mean by the Federal Reserve "meddling" in the money supply.
They are taking the dollars you earned through your labor and pitting them against the dollars they created via a printing press. You could labor intensely for a lifetime and receive just a fraction of the money (power to command other people's labor) of what they can produce in 5 minutes via an electronic credit to the treasury's bank account. - MooseOfReason, on 04/04/2009, -1/+14regeya, Currently, US law prohibits certain information from being audited.
Read this:
http://www.law.cornell.edu/uscode/uscode31/usc_sec ... - chupavacas, on 04/04/2009, -3/+16It's amazing that we as a country are actually starting to wake up to the massive fraud that is the Federal Reserve. I look forward to the day when we demand from our government that they abandon this self-serving banking cartel and restore sound money.
- rjey, on 04/04/2009, -3/+15Face it Obama full well knew that Timothy Geithner, his Secretary of the Treasury, was #2 in command of the Federal Reserve at one point. Obama will do nothing of the sort, he is bought and paid for.
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