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The Federal Reserve is Above The Law
2017-09-25 | Nicki Lynne
And systematically enslaving us all.
On December 23, 1913…President Wilson signed the Federal Reserve Act and the Revenue Act of 1913, chaining all future Americans to the dual horrors of the FED and the IRS.
Merry Christmas!!!
Since 1913, the currency of the United States has been owned and managed by a private corporation of international bankers known as the "Federal Reserve System."
This group prints "Federal Reserve Notes" and loans them out to the United States Treasury. American taxpayers then pay interest to the Federal Reserve banking families for the rights to use their money.
The Federal Reserve banking families can therefore print as much money as they want -- and give it to whomever they want secretly, with no oversight or input from the United States government.
The Banking System…is one big scam. The value of your money, interest rates for loans, availability of jobs, and the rate of home foreclosures are all decided by a small group of elite private bankers who run the Federal Reserve.
Thanks to a book called The Creature From Jekyll Island by an amazing man named G. Edward Griffin, Ron Paul decided to look further into the entity that is 'The Federal Reserve' leading to a view changing audit!
Thanks to heroic efforts of Congressman Ron Paul, former Congressman Alan Grayson and Congressman Bernie Sanders and their audit of the Federal Reserve, we now know that the Federal Reserve secretly lent out 26 trillion dollars' worth of American money from 2007 to 2010 -- much of it to foreign banks.
The audit revealed that many of the people who serve as directors of the twelve Federal Reserve Banks come from the exact same financial institutions that the Fed is in charge of regulating. Also at least eighteen current and former Fed board members were affiliated with banks and companies that received emergency loans from the Federal Reserve during the financial crisis.
In other words, the people "regulating" the banks were the exact same people who were being "regulated."
For example, the CEO of JP Morgan Chase served on the New York Fed's board of directors at the same time that his bank received more than $390 billion in financial assistance from the Fed….
Thanks to deregulation, such as the repeal of the Glass-Steagall act, these institutions were allowed to hold one dollar in the bank, but then spend like they had 5, 10, 30 or even 100 dollars.
To put it in perspective, if you had ten thousand dollars in your checking account, you would suddenly become a millionaire if you could leverage it at the “100X” point in one single “trade”.
These financial institutions have manipulated and abused this system, on a global scale -- to the tune of hundreds of trillions of dollars.
What can we do about this? #EndtheFed
https://www.amazon.com/Creature-Jekyll-Island-Federal-Reserve/dp/091298645X
I'll add my two cents.
FEDERAL RESERVE POWER
Let's start with a quote from U. S. Congress Representative Louis T. McFadden, Chairman of the Committee on Banking and Currency for 12 years, quoted from the Congressional Record:
"The Federal Reserve Board has cheated the Government of the United States and the people of the United States out of enough money to pay the national debt, Our people's money, to the extend of $1,200,000,000 has within the last few months been shipped abroad to redeem Federal Reserve Notes and to pay other gambling debts of the traitorous Federal Reserve Board and the Federal Reserve Banks ... "
SUMMARY OF FACTS
1a. The Federal Reserve (FED) is a PRIVATELY OWNED, organization. Unbelievable? Check the ENCYCLOPAEDIA BRITANNICA.
b. Below is the list of the owners of the 12 Central Banks:
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