posted on Dec, 12 2005 @ 03:09 PM
Sen. Barry Goldwater wrote in his book With No Apologies:
"Does it not seem strange to you that these men just happened to be CFR (Council on Foreign Relations) and just happened to be on the Board of
Governors of the Federal Reserve, that absolutely controls the money and interest rates of this great country. A privately owned organization ...
which has absolutely nothing to do with the United States of America !"
Plain and simple, the Federal Reserve is not part of the Federal Government. It is a privately held corporation owned by stockholders. That is why the
Federal Reserve Bank of New York (and all the others) is listed in the Dun and Bradstreet Reference Book of American Business (Northeast, Region 1,
Manhattan/Bronx). According to Article I, Section 8 of the U.S. Constitution, only Congress has the right to issue money and regulate its value, so it
is illegal for private interests to do so. Yet, it happened, and because of a provision in the Act, the 'Class A' stockholders were to be kept a
secret and not to be revealed. R. F. McMaster, who published a newsletter called The Reaper, through his Swiss and Saudi Arabian contacts, was able to
find out which banks held a controlling interest in the Reserve.
hese interests control the Federal Reserve through about 300 stockholders:
* Rothschild Banks of London and Berlin
* Lazard Brothers Bank of Paris
* Israel Moses Seif Bank of Italy
* Warburg Bank of Hamburg and Amsterdam
* Lehman Brothers Bank of New York
* Kuhn, Loeb and Co. of New York
* Chase Manhattan Bank of New York
* Goldman, Sachs of New York