Sicilianthing wrote:
The following information is Factually Accurate and considered Dangerous:
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The first misconception that most people have is that the Federal Reserve Bank is a branch of the US governmment. IT IS NOT. THE FEDERAL RESERVE BANK IS A PRIVATE COMPANY. Most people believe it is as American as the Constitution. The Constitution actually forbids it's existence. Article 1, Section 8, states that Congress shall have the power to create money and regulate the value thereofff, not a bunch of international bankers! Today the FED controls and profits by printingg worthless paper, called money, through the Treasury, regulating its value, and the biggest outrage of all, collecting interest on it! (the so-called national debt, via the federal income tax)
The FED creates money from nothing, and loans it back to us through banks, and charges interest on our currency. The FED also buys Government debt with money printed on a printing press and charges US taxpayers interest. Many Congressmen and Presidents say this is fraud. Who actually owns the Federal Reserve Central Banks? The ownership of the 12 Central banks, a very well-kept secret, has been revealed: 1. Rothschild Bank of London 2. Warburg Bank of Hamburg 3..Rothschild Bank of Berlin 4. Lehman Brothers of NY 5. Lazard Brothers of Paris 6. Kuhn Loeb Bank of NY 7. Israel Moses Seif Banks of Italy 8.. Goldman Sachs of NY 9. Warburg Bank of Amsterdam 10.Chase Manhattan Bank of NY
These bankers are connected to London Banking Houses which ultimately control the FED. When England lost the Revolutionary War with America where our forefathers were fighting thheir own government, they planned to control us by controlling our banking system, the printing of our money, and our debt. How did it happen? After previous attempts to push the Federal Reserve Act through Congress, a group of bankers funded and staffed Woodrow Wilson's campaign for President. He had comitted to sign this act. In 1913, a Senator, Nelson Aldrich, maternal grandfather to the Rockefellers, pushed the Act through Congress just before Xmas, when much of Congress was on vacation..........
The following information is Factually Accurate an... (
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A brief picture on the Federal System.
The Federal Reserve is not part of the Government. But they exist because of an act of Congress in 1913. The purpose is to serve the public. So, the Federal Reserve is both public and private. The Federal Reserve is set up like private corporations.
It is very complex sets of operations that hold our life in economy and monetary policies within and outside other countries.
The Federal Reserve is managed by 7 Board of Governors, and one Chairman which act as an independent agency. They are appointed by the president of the United States and approved by the Senate.
I'll be brief and just target some of the most important roles of the Federal Reserves.
The Federal Reserve consist of
1. The Federal Reserve. Keeping the economy healthy is one of the most important jobs. it also provides price stability and maximum employment.
2. The 12 Member banks to represent many parts of the country's district.
3. The Federal Open Market Committee. (FOMC) Acts as Chief Operating monetary policy that best promote the economy's sustainable growth. It sets targets for Federal interest rates, provides monetary stimulus for a healthy economy.
The 12 Member Banks are under the Board of Directors. This bank is private and stocks are owned by private bank holders. The Board of Governors supervise these banks, but managed by the Board of Directors.
Stocks at the Federal Reserves are owned by private holders mostly the richest people in the planet. They earn revenue on their investments via dividend.
The Federal Reserve is a very complex systems dealing with the intricacies of our monetary and economic policies, employment, inflation and deflation, consumer protection.
It has now existed for 105 years. Therefore overhauling the system would create huge impact on our economy, monetary policy locally and abroad, banking, interest rates, and inflation, price stability,brokerage, pension funds, sale of government securities.
Overhauling the system will momentarily paralyze our country's economy, public and private., within and outside our country.