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Politics, Astrophysics, Missing

Money & Finance > Federal Reserve: the Biggest Scam in History
 

Federal Reserve: the Biggest Scam in History


 
The Federal Reserve Building in Washington DC



Just in case you didn't know the Federal Reserve is a private company
of bankers with twelve branch banks that confiscate our money and they
have been doing this for almost a hundred years,--- this time!�They are
not part of the United States Government.� Yet today they collect
hundreds of billions of dollars from American taxpayers every year.

Pay attention now, you're about to read about the biggest and most successful scam in History.



Mayer Amchel Rothchild (1743-1812)
"Let me issue and control a nation's money, and I care not who writes its laws" --- Meyer Rothschild
A Little History Lesson


Alexander Hamilton

It was Alexander Hamilton who lobbied for the first private Federal Bank, and in 1789 Congress chartered the bank.




Thomas Jefferson
Thomas Jefferson was adamantly opposed to the idea of a privately owned
federal bank and said " I sincerely believe the banking institutions
having the issuing power of money are more dangerous to liberty than
standing armies".




In 1811, under President James Madison, Vice
President George Clinton broke the tied vote in congress to cast the
bankers out refusing to renew the charter for the bankers. Unfortunatly
it was President Madison who proposed a second United States privately
owned Central bank and it came into existence in 1816



Andrew Jackson

However, in 1836 President Jackson, overriding Congress, closed it commenting, "The
bold effort the present bank had made to control the government are but
premonitions of the fate that await the American people should they be
deluded into a perpetuation of this institution or the establishment of
another like it."� (we now have another one like it)

Andrew Jackson also said, when speaking to the bankers: "You are a den of vipers and thieves. I intend to rout you out, and by the eternal God I will rout you out."



Martin Van Buren
When speaking to his closest friend, Martin Van Buren, Jackson said, "The bank, is trying to kill me, but I will kill it!" (and he did)

The first two Federal Reserve Systems lasted about 20 years each and we are now almost a hundred years into the third one.




Woodrow Wilson
 
The year is now 1913, the year after Woodrow Wilson was elected
president of the United States. Prior to his election he needed
financial support to pay for his campaign, so he reluctantly agreed,
that if elected, he would sign the Federal Reserve Act, in return for
that financial support.






In December 1913 while many members of Congress were home for
Christmas, the Federal Reserve Act was rammed through Congress and was
later signed by President Wilson. At a later date, Wilson admitted with
remorse, when referring to the Fed."I have unwittingly ruined my country".





Now Comes the Income Tax! !!!


We didn't have nor did we need an income tax until we got the bankers
back.  The income tax was only needed to pay interest to the bankers for
our money that they loan to our government.  Yes, you read that right,
the Fed, mostly on paper and computer, creates money or pays the
treasury a small printing fee for currency, and then loans this money
to our government.  Our taxes pay them interest on this loan that cost
the FEDS virtually nothing to make, what a sweetheart of a deal they
have going for them.

As of March 6, 2006, the national debt
stands at 8.2 trillion dollars. The American taxpayers have paid the
FED banking system $173,875,979,369.66 in interest on that debt in just
five short months, from October, 2005, through February, 2006.  No con
artist or group of con artists in history has ever perpetrated a scam
that even approaches the scope of this one.






According to the two volume work by Bill Benson and Red Beckman , "The
Law That Never Was" the 16th amendment, which created the IRS, was
never properly ratified, not even by one state!  These gentlemen
traveled the then 48 states to verify that fact. So in a very real
sense the income tax isn't legal, as many have proclaimed, but try not
paying it and see how far you get before the Feds come after you and
confiscate everything you own.



HENRY FORD
Henry Ford once said "It is well enough that people of the nation do not understand our
banking and monetary system, for if they did, I believe there would be
a revolution before tomorrow morning".

 

Federal Reserve Bank, Minneapolis,Minnesota

In
the nearly 100 years of the existence of the Fed, it has NEVER been
audited and they don't pay income tax on the billions of dollars they
take from us.





According to Congressional record the U.S. Government can buy back the
FED at any time for $450 million.  That's about half the amount of money
we pay them daily.

Do we have the most stupid and/or the most corrupt leaders in the
world, or what?  It seems their #1 concern is getting re-elected, they
seem to think nothing of shirking their responsibilities to the people who elected them to their powerful prestigous high paying jobs.



Congress likes the Fed because they can spend all they want with no
restraints, they just put our children, grandchildren and
great-grandchildren into debt.




A Federal Reserve note is just what it looks like, it's just a piece of
paper with no backing whatsoever.  This is why Congress hates gold and
silver backed money, it forces them to live within their means.  Of
course they also get other perks from the Fed. perks far too numerous
to mention here.



Article 1, section 8, of the Constitution reads:

"The Congress shall have the Power.....To coin Money, regulate the Value thereof,...."


Nowhere in that document does it give Congress the authority to
delegate this responsibility to anyone, much less a bunch of private
bankers.






It may be that you were never a big fan of John F. Kennedy, but you may
see him in a different light after you learn how he took on the FEDS. 
He had the foresight to see what a bad deal had been struck in the
creation of the Federal Reserve. He also had the courage to do
something about it.which unfortunately, may have cost him his life.

 
On June 4, 1963, President Kennedy signed a Presidential decree,
Executive Order 11110.  This order virtually stripped the Federal
Reserve Bank of its power to loan money to the United States Government
at interest.  President Kennedy declared the privately owned Federal
Reserve Bank would soon be out of business.  This order gave the
Treasury Department the authority to issue silver certificates against
any silver in the treasury.  This executive order still stands today.
In less than five months after signing that executive order President
Kennedy was assassinated on November 22, 1963.




Photo taken about 2 minutes before JFK was assassinated

The United States Notes (silver certificates) he had issued were taken
out of circulation immediately.  Federal Reserve Notes continued to
serve as the legal currency of this nation.  It is estimated that 99% of
all U.S. paper currency circulating in 1999 are Federal Reserve Notes.



Lincoln also took on the bankers and that brave bold step may also have cost him his life.

 
During the Civil War (from 1861-1865), President Lincoln needed money
to finance the War for the North.  The Bankers were going to charge him
24% to 36% interest.  Lincoln was horrified and greatly distressed, and he would not think of plunging his beloved country into a debt that
the country would find impossible to pay back.

 
So Lincoln advised Congress to pass a law authorizing the printing of
full legal tender Treasury notes to pay for the War effort.  Lincoln
recognized the great benefits of this issue.  At one point he wrote:

"... (we) gave the people of this Republic the greatest blessing they
have ever had - their own paper money to pay their own debts..."

The Treasury notes were printed with green ink on the back, so the
people called them "Greenbacks". Lincoln had printed 400 million
dollars worth of Greenbacks (the exact amount being $449,338,902),
money that he delegated to be created, a debt-free and interest-free
money to finance the War.  It served as legal tender for all debts,
public and private.  He printed it, paid it to the soldiers, to the U.S.
Civil Service empoyees, and bought supplies for the war.





Lincoln was assassinated shortly after the war and Congress revoked the
Greenback Law and enacted, in its place, the National Banking Act.  The
national banks were to be privately owned and the national bank notes
they issued were to be interest-bearing. The Act also provided that the
Greenbacks should be retired from circulation as soon as they came back
to the Treasury in payment of taxes.




Follow The Money!!!

 
When you follow the money you find there was no-one in the world who
had a better reason to kill these two Presidents than the bankers.  It
seems inconceivable that anyone could still think there was no
conspiracy in the assassination of JFK, especially when you consider
the many people that were murdered or had suspicious deaths and who
were associated in some way with Kennedy's assassination.

 

Is this proof?
 
NO�
 
Is this strong circumstantial evidence?
 
YOU DECIDE
 
Concern
Without Action Is A Waste Of Time!!  The Federal Reserve, United
Nations, Council of Foreign Relations, Trilateral Commission, the
Illuminati, the Bilderbergers and other elites of the hidden government
are leading us into The New World Order and they are leading us fast.
You are not going to like it when we get all the way there, and we are
over half way there now.

 
Only we can save this Republic!!!


This article was written by my friend Norman Chenoweth.  He graciously consented to allow me to edit it down to a more appropriate size for
making into a web page. He also allowed me to add a few words of my own throughout the article.  I can only hope that everyone I send this web
page to will read it and share it with others, the American people
deserve to know these facts about the FEDERAL RESERVE SYSTEM.

 
Norman has written some other articles that I hope you will take the
time to read as they are about things every American should know but
sadly most don't.  He also has a wonderful free gift for you, be sure to
check to see what it is, you won't be sorry, believe me I know!




Page by Mary Jones
For more informaiton, resources, and to join Mary's mailing list, click here

posted on Mar 29, 2008 9:04 AM ()

Comments:

that was a wealth of information there.
A lot of it make sense to me.Did not realized this.
Thank you for posting this.
comment by fredo on Mar 29, 2008 9:26 AM ()

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