The Fed plans to destroy the economy

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#22
May 23, 2012
 
"Mr. Chairman, a serious situation confronts the House of Representatives today. We are trustees of the people and the rights of the people are being taken away from them. Through the Fed the people are losing the rights guaranteed to them by the Constitution. Their property has been taken from them without due process of law. Mr. Chairman, common decency requires us to examine the public accounts of the Government and see what crimes against the public welfare have been committed.
"What is needed here is a return to the Constitution of these United States.
"The old struggle that was fought out here in Jackson's time must be fought our over again. The independent United States Treasury should be reestablished and the Government should keep its own money under lock and key in the building the people provided for that purpose.
"Asset currency, the devise of the swindler, should be done away with. The Fed should be abolished and the State boundaries should be respected. Bank reserves should be kept within the boundaries of the States whose people own them, and this reserve money of the people should be protected so that the International Bankers and acceptance bankers and discount dealers cannot draw it away from them.
(next post)
UIdiotRacesMAkeW orldPeace

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#23
May 23, 2012
 
Most of our Americans Clueless about economic/finance let along balance a Check book!

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#24
May 24, 2012
 
"The Fed should be repealed, and the Fed Banks, having violated their charters, should be liquidated immediately. Faithless Government officials who have violated their oaths of office should be impeached and brought to trial.
"Unless this is done by us, I predict, that the American people, outraged, pillaged, insulted and betrayed as they are in their own land, will rise in their wrath, and will sweep the money changers out of the temple.
"Mr. Chairman, the United States is bankrupt: It has been bankrupted by the corrupt and dishonest Fed. It has repudiated its debts to its own citizens. Its chief foreign creditor is Great Britain, and a British bailiff has been at the White House and the British Agents are in the United States Treasury making inventory arranging terms of liquidations!
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#25
May 24, 2012
 

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#26
May 27, 2012
 
“As banks resubmit millions of documents and courts begin hearing cases again, the backlog of over four million delinquent loans will start surging through the pipeline again.”
The hope is that there are enough investors at the ready to buy these properties quickly, as they seek to take advantage of a growing rental market. Government agencies are considering a plan to sell repossessed homes from Fannie Mae and Freddie Mac in bulk to investors, but there has been little movement of late. Bank of America, which took over the troubled loans of Countrywide Financial, is setting a plan in motion to sell its repossessed homes to investors, who would then rent them back to the original borrowers. Both government and the private sector know that until the backlog of distressed properties is cleared, the housing market will have little chance of regaining a solid footing.
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#27
May 27, 2012
 

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#28
May 27, 2012
 
Who owns the fed
The Federal Reserve (or Fed) has assumed sweeping new powers in the last year. In an unprecedented move in March 2008, the New York Fed advanced the funds for JPMorgan Chase Bank to buy investment bank Bear Stearns for pennies on the dollar. The deal was particularly controversial because Jamie Dimon, CEO of JPMorgan, sits on the board of the New York Fed and participated in the secret weekend negotiations.1
In its latest power play, on October 3, 2008, the Fed acquired the ability to pay interest to its member banks on the reserves the banks maintain at the Fed. Reuters reported on October 3:
"The U.S. Federal Reserve gained a key tactical tool from the $700 billion financial rescue package signed into law on Friday that will help it channel funds into parched credit markets. Tucked into the 451-page bill is a provision that lets the Fed pay interest on the reserves banks are required to hold at the central bank."3
If the Fed’s money comes ultimately from the taxpayers, that means we the taxpayers are paying interest to the banks on the banks’ own reserves – reserves maintained for their own private profit.(next post)

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#29
May 27, 2012
 

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#30
May 29, 2012
 
The Rothschilds-Chase Bank ‘Federal Reserve’ refuses to disclose the names of their stockholders (THE PEOPLE WHO OWN THE U.S.), how much stock each one owns, or what they‘re doing with trillions of dollars.(next post)

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#31
May 29, 2012
 
Bernanke refuses to tell Bernie Sanders where the $2.2 trillion went
http://www.youtube.com/watch...
http://www.youtube.com/watch...

Grayson tries to find out where the Fed sent half a trillion dollars
http://www.youtube.com/watch...

Alan Grayson questions the Inspector General about the Federal Reserve
http://www.youtube.com/watch...

Bernanke runs the country
http://georgewashington2.blogspot.com/2009/03...

Bernanke sent our money to help Europe instead of the suffering taxpayers he took that money from. So, if those banks do fail, we lose.
http://www.personalliberty.com/survival-and-s...

Bernanke said no to Congress
http://georgewashington2.blogspot.com/2009/03...

@ 1:38 Bernanke threatens Congress
http://www.youtube.com/watch...

Bernanke has more power than all three branches of government put together.

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#32
May 29, 2012
 
from 03-04 Federal Reserve Bank in NY sent $12 billion cash mostly $100 bills, 363 tons of cash to war zone in Iraq on cargo planes.
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#33
May 29, 2012
 

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#34
May 29, 2012
 
“When the Federal Reserve launched an unprecedented series of interventions in the financial system in 2008, IT OFTEN MOVED SO QUICKLY THAT THE USUAL PRACTICES FOR PREVENTING CONFLICTS OF INTEREST COULDN'T KEEP UP, according to a new report.
An audit of the Fed’s emergency lending programs by the Government Accountability Office, ordered by the financial reform law passed last year and released Thursday, reports generally sound financial management by the central bank as it undertook programs that deployed trillions of dollars to backstop a faltering financial system. But it brings to light difficult issues that arose when the Fed undertook actions that its rules never envisioned.

For instance, William C. Dudley, the president of the Federal Reserve Bank of New York who was a senior official there in 2008, owned stock of American International Group before the Fed bailed out the giant insurance firm. The GAO report did not mention him by name, but Sen. Bernie Sanders (I-Vt.), who spearheaded the audit, identified Dudley as the unnamed official described in the report”
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#35
May 29, 2012
 

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#36
May 30, 2012
 
Moyers - Party people of Wall Street.
http://billmoyers.com/2012/01/30/the-party-pe...
(post 36)

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#37
May 30, 2012
 
How Big Banks are Rewriting the Rules of our Economy
http://billmoyers.com/episode/full-show-how-b...
(post 37)

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#38
May 30, 2012
 
The Federal Reserve Bunk
Article I, Section 8, Clause 5, of the United States Constitution provides that Congress shall have the power to coin money and regulate the value thereof and of any foreign coins. But that is not the case. The United States government has no power to issue money, control the flow of money, or to even distribute it - that belongs to a private corporation registered in the State of Delaware - the Federal Reserve Bank.
"Because of the unsound practice of relying on the private manufacturing of monetary credits by private groups, you are preparing to lay heavier taxes on the shrunken income of the people, without hope of balancing the Budget perhaps for years to come," was the testimony of Allen B. Brown, chairman of the New Economic Group. "The banks manufacture, without borrowing it, the monetary credit which they loan to the Government. For every dollar they themselves contribute to the loaning process, they manufacture 10 credit dollars, and call them their own, although they base the credit dollars on human sweat and labor and productive genus that is not their own."
In 1963, President John Kennedy wanted an end to the Federal Reserve System, which had a strangle-hold on the United States and virtually the world. By a simple stroke of the pen, President Kennedy dismissed the Federal Resene System and ordered the U.S. governmcnt to restore its Constitutional-mandate of controlling the money. President Kennedy was dead three weeks later. When President Lyndon Johnson took office, he immediately rescinded Kennedy's order and the Federal Resene won another round.
Representative Charles A. Lindberg, Sr., the father of the famous aviator, was a member of thc Banking and Currency Committee. He opposed the Federal Reserve Act and gave a speech on January 20, 1915. "The system is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money, and in the interest of the stockholders and those allied with them." Representative Louis T. McFadden, chairman of the Housing Banking and Currency Committee, stated on June 10,1932, "Some people think the Federal Reserve Banks are United States Government institutions. They are not Government institutions. They are privatc credit monopolies that prey upon the people of the United States for the benefit of themselves and their foreign and domestic swindlers; and rich and predatory money lenders."

FOREIGN BANKERS OWN MAJORITY OF FEDERAL RESERVE

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#39
May 31, 2012
 
More that half the shareholdings in the Federal Reserve Bank arc controlled by large New York City banks, including National City Bank, National Bank of Commerce, First National Bank, Chase National Bank, and Marine National Bank. When Rockefeller's National City Bank merged with J.P. Morgan's First National Bank in 1955, the Rockefeller group owned 22 percent of the shares of the Federal Reserve Bank of New York, which in turn holds the majority of shares in the Federal Reserve System - 53 percent. But who really owns what? Here arc the top controllers of the Federal Rwerve Bank
1. Rothchild banks of London and Berlin.
2. Lazard Brothers Banks of Paris.
3. Israel Moses Seif Banks of Italy.
4. Warburg Bank of Hamburg and Amsterdam.
5. Lehman Brothers Bank of New York.
6. Kuhn, Loeb bank of New York.
7. Chase Manhattan Bank of New York, which controls all of the other 11 Federal Rwerve Banks.
8. Goldman, Sachs Bank of New York.
No Congress, no President has been strong enough to stand up to the foreign-controlled Federal Reserve Bank. Yet there is a catch - one that President Kennedy recognized before he was slain - the original deal in 1913 creating the Federal Reserve Bank had a simple backout clause. The investors loaned the United States Government $1 billion. And the backout clause allows the United States to buy out the system for that $1 billion. If the Federal Reserve Bank were demolished and the Congress of the United States took control of the currency, as required in the Constitution, the National Debt would virtually end overnight, and the need for more taxes and even the income tax, itself. Thomas Jefferson was concise in his early warning to the American nation, "If the American people ever allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered."

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#40
May 31, 2012
 
http://dmc.members.sonic.net/sentinel/naij2.h...

The fact is that the national debt is a fraud, so it’s illegal for the American taxpayers to get involved. The entire debt is based on treason, but every president and legislator knows they’d be murdered if they stood up to the ‘Fed’ because the American people are too gutless and ignorant to join them.
The American people must take the initiative and stand up to the ‘Fed’ first. We need to have a couple hundred thousand people, in the streets, joining the Wall St. protesters, demanding that Congress ‘End the Fed’ or it won’t work.
(next post)

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#41
May 31, 2012
 
www.legalparasites.net

4th of July 2012: We're Finally Free of Debt !!
http://www.topix.com/forum/us/politics/THH0Q5...

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