The Federal reserve banking cartel
To put it simply the private federal banking system is a pure money creation & dept slavery system that was established in 1913 and saw to the death of an American president John Fritzgerald Kennedy who unsuccessfully tried putting a stop to it all them years later.
Introduction: The Federal Reserve Act Of 1913.
In 1913, the U.S. Congress passed a bill called the Federal Reserve Act. This bill allowed an independent, non-government group to privatize, and take control of America’s monetary system. The Federal Reserve Bank’s name was chosen by this group to deceive the American people into believing that it was a branch of the U.S. government. It isn’t! This privately held monopoly continues to give great power to a handful of international bankers, non-Americans, to issue America’s money, to set interest rates on it, to finance endless wars, and to enslave the masses. This debt based monetary system is what has been destroying the American economy, and bringing about depressions for generations. It needs to come to an end. By any means necessary.
Facts about the Federal Reserve.
- The Federal Reserve is a privately owned for profit corporation.
- The Federal Reserve has no reserves.
- The name was created prior to the Federal Reserve Act being passed in 1913. This was done to make Americans believe the U.S. banking system operated in the public interest. The truth is, the Federal Reserve is a private bank owned by private shareholders, and runs purely for private profits, thereby creating massive debt that must be paid by the American people.
- This privately held organization pays no taxes on the trillions of dollars it makes.
The Federal Reserve was chartered by an act of deceit, through an act of congress when most had gone home for Christmas holiday on December 23rd, 1913. The Federal Reserve Act of 1913, had passed the house, but it was having difficulty getting through the senate.
No recess had been called, while nearly every senator had gone home. Only three senators passed the act with a unanimous voice vote, 3-0. There were no objections. If there had been one person present in the absence of a quorum, the bill would not have passed.
In 1923, Representative Charles A. Lindbergh, a Republican from Minnesota, and father of the famous aviator “Lucky” Lindberg stated, “The financial system has been turned over to the Federal Reserve Board. That board administers the finance system by authority of a purely profiteering group. The system is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people’s money.”
Former chairman of the House Banking, and Currency Committee, during the great depression era, Louis T. McFadden in 1932 stated, “We have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board. This evil institution has impoverished the people of the United States, and has practically bankrupted our Government. It has done this through the corrupt practices of the moneyed vultures who control it.”
Rep. McFadden said, “When the Federal Reserve Act was passed, the people of these United States did not perceive that a world banking system was being set up here. A super-state controlled by international bankers, and industrialists acting together to enslave the world. Every effort has been made by the Fed to conceal its powers, but the truth is it has usurped the government.” After these very same bankers used their concerted efforts to malign McFadden, he lost his congressional seat in 1934. Regardless, McFadden remained in the public eye as a vigorous opponent of the financial system, until his sudden death, which occurred on October 3rd, 1936. There had been two previous attempts on McFadden’s life. The first where two bullets were fired at him on one occasion. The second attempt at taking his life, McFadden was poisoned at a banquet. Evidently, the third time the assassins succeeded, and the most articulate critic of the Federal Reserve, and the financiers’ control of the nation would finally be silenced.
Senator Barry Goldwater, was a frequent critic of the Federal Reserve, “Most Americans have no real understanding of the operation of the international moneylenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States.”
Thomas Jefferson wrote, “I sincerely believe that banking institutions are more dangerous to our liberties than standing armies. The issuing power should be taken from the banks, and restored to the people to whom it properly belongs.“
James Madison, the main author of the U.S. Constitution wrote, “History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance.”
The Federal Reserve is now the most powerful privately owned central bank in the world. However, it was not the first.
Federal reserve facts:
By Kearon Gwyn