The Federal Reserve , page 1
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Topic started on 3-11-2007 @ 07:34 PM by Max_TO
I am posting a link to a very interesting video that I found on the history of the Federal Reserve .
video.google.com...
The movie goes over the history of banking and how it became what it is today . The movie also explains the term , fractional banking , the system of banking that is commonly used today by most of the worlds banks .

Other forms of giving meaning and value to different forms of currency are also sighted by such systems as the , Tally stick system , .
It is the belief of the movie maker that the worlds bankers run the world and he tries to sight examples from history to give his claims credibility .
The movie is 3 hr in length , but well worth the watch , hope you enjoy .


[edit on 3-11-2007 by Max_TO]

[edit on 3-11-2007 by Max_TO]


reply posted on 5-11-2007 @ 11:03 PM by totalvigilance
reply to post by dionysius9



Zeitgeist has been debunked over and over again.

www.abovetopsecret.com...

Furthermore, I really, really fail to see the problem with FRS. We've been using it for almost a century now and we've haven't all gotten a bunch of pus-filled sores or anything. In fact, we have one of the highest standards of living in the world. All of the countries with high standards of living have a central bank very similar to the FRS.



reply posted on 12-11-2007 @ 04:58 AM by dionysius9
I won't try and explain the danger of this institution. I will let men of history speak instead:




"All the perplexities, confusion and distress in America arise, not from defects in the Constitution or confederation, not from want of honor or virtue, so much as from downright ignorance of the nature of coin, credit and circulation." - John Adams


“I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the Government at defiance. The issuing power should be taken from the banks and restored to the people to whom it properly belongs." - Thomas Jefferson.


“The youth who can solve the money question will do more for the world than all the professional soldiers of history." - Henry Ford Sr.


“Whoever controls the volume of money in any country is absolute master of all industry and commerce." - President James A. Garfield


“If the American people ever allow private banks to control the issue 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." - President Thomas Jefferson


“If Congress has the right under the Constitution to issue paper money, it was given to them to be used by themselves, not to be delegated to individuals or corporations." - President Andrew Jackson


From the testimony of Marriner Eccles, Chairman of the Federal Reserve Board, before the House Banking and Currency Committee, Sept. 30, 1941:

Congressman Patman: "Mr. Eccles, how did you get the money to buy those two billions of government securities?"

Eccles: "We created it."

Patman: "Out of what?"

Eccles: "Out of the right to issue credit money."




“The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented." - Major L.B.Angus



“Banking was conceived in iniquity and born in sin. Bankers own the Earth. Take it away from them but leave them the power to create money, and, with the flick of a pen, they will create enough money to buy it back again. Take this great power away from them and all great fortunes like mine will disappear (he was said to be the second richest man in Britain) and they ought to disappear, for then this would be a better and happier world to live in. But, if you want to continue to be the slave of the bankers and pay the cost of your own slavery, then let the bankers continue to create money and control credit." - Sir Josiah Stamp, President of the Bank of England



“I had never thought the Federal Reserve Bank System would prove such a failure. The country is in a state of irretrievable bankruptcy.” - Senator Carter Glass, June 7, 1938


reply posted on 12-11-2007 @ 04:58 AM by dionysius9
“The Federal Reserve (privately owned banks) are one of the most corrupt institutions the world has ever seen." - Senator Louis T. McFadden (22 years Chairman of the U.S. Banking and currency Commission)



“If two parties, instead of being a bank and an individual, were an individual and an individual, they could not inflate the circulating medium by a loan transaction, for the simple reason that the lender could not lend what he didn't have, as banks can do.....Only commercial banks and trust companies can lend money that they manufacture by lending it." - Professor Irving Fisher, Yale University, in his book "100% Money"



“The people can and will be furnished with a currency as safe as their own government. Money will cease to be master and become the servant of humanity. Democracy will rise superior to the money power." - Abraham Lincoln


“Every effort has been made by the Fed to conceal its power but the truth is, the Fed has usurped the government. It controls everything here and it controls all our foreign relations. It makes and breaks governments at will." - Congressman Louis T. McFadden, 1933, Chairman, Banking and Currency Committee



“The bold effort the present bank (Second National Bank of the U.S.) had made to control government , the distress it has wantonly produced...are but premonitions of the fate that awaits the American people should they be deluded into a perpetuation of this institution or the establishment of another like it." - Andrew Jackson



“The entire banking movement, at all crucial stages, was centralized in the hands of a few men who for years were linked, ideologically and personally, with one another." - Gabriel Kolko



“Permit me to issue and control the money of a nation, and I care not who makes its laws." - Mayer Anselm Rothschild of the Rothschild banking family.



“If all the bank loans were paid up, no one would have a bank deposit, and there would not be a dollar of currency or coin in circulation. This is a staggering thought. We are completely dependent on the commercial banks for our money. Someone has to borrow every dollar we have in circulation, cash or credit. If the banks create ample synthetic money, we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp upon the picture, the tragic absurdity of our hopeless position is almost incredible - but there it is. It (the banking problem) is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it is widely understood and the defects remedied very soon.” - Robert H. Hemphill, Credit Manager of the Federal Reserve Bank of Atlanta
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