Topic: A Reminder of the Fed's Insanity | |
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Edited by
Sojourning_Soul
on
Wed 06/20/12 05:59 PM
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Q: What is the Federal Reserve System?
A: The Federal Reserve System is not Federal; it has no reserves; and it is not a system, but rather, a criminal syndicate. It is the product of criminal syndicalist activity of an international consortium of dynastic families comprising what is commonly termed "The New World Order". The Federal Reserve system is a central bank operating in the United States. Although the student will find no such definition of a central bank in the textbooks of any university, a proper definition would be as follows: It is the dominant financial power of the country which harbors it It is entirely private-owned, although it seeks to give the appearance of a governmental institution It has the right to print and issue money, the traditional prerogative of monarchs It is set up to provide financing for wars It functions as a money monopoly having total power over all the money and credit of the people. Q: Are our dollar bills, which carry the label "Federal Reserve notes" government money? A: Federal Reserve notes are actually promissory notes, promises to pay, rather than what we traditionally consider money. They are interest bearing notes issued against interest bearing government bonds, paper issued with nothing but paper backing, which is known as fiat money, because it has only the fiat of the issuer to guarantee these notes. The Federal Reserve Act authorizes the issuance of these notes, "for the purposes of making advances to Federal reserve banks... The said notes shall be obligations of the United States. They shall be redeemed in gold on demand at the Treasury Department of the United States in the District of Columbia." Tourists visiting the Bureau of Printing and Engraving on the Mall in Washington, D.C. view the printing of Federal Reserve notes at this governmental agency on contract from the Federal Reserve System for the nominal sum of .00260 each in units of 1,000, at the same price regardless of the denomination. These notes, printed for a private bank, then become liabilities and obligations of the United States government and are added to our present $8 trillion debt. The government had no debt when the Federal Reserve Act was passed in 1913. Q: Who owns the stock of the Federal Reserve Banks? A: The dynastic families of the ruling New World Order, internationalists who are loyal to no race, religion, or nation. They are families such as the Rothschilds, the Warburgs, the Schiffs, the Rockefellers, the Harrimans, the Morgans and others. 13 Ruling families: The Astor Bloodline The Bundy Bloodline The Collins Bloodline The DuPont Bloodline The Freeman Bloodline The Kennedy Bloodline The Li Bloodline The Onassis Bloodline The Reynolds Bloodline The Rockefeller Bloodline The Rothschild Bloodline The Russell Bloodline The Van Duyn Bloodline |
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There's another QE happening this week, so yea, another power grab to scoop up more foreclosures. As if no one noticed how steady the market has become, while food and fuel costs soar. We need to make our own currency, independent of these criminals. Even the dynamic QE attempts are failing, and the nervousness of the Fed is showing. They're flatlining. |
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