Forget Wall Street, Blame the Federal Reserve and all of Central Banking

Now that we know the Federal Reserve is a privately owned, for-profit corporation, a natural question would be: who OWNS this company? Peter Kershaw provides the answer in "Economic Solutions" where he lists the ten primary shareholders in the Federal Reserve banking system.

1) The Rothschild Family - London 2) The Rothschild Family - Berlin 3) The Lazard Brothers - Paris 4) Israel Seiff - Italy 5) Kuhn-Loeb Company - Germany 6) The Warburgs - Amsterdam 7) The Warburgs - Hamburg 8) Lehman Brothers - New York 9) Goldman & Sachs - New York 10) The Rockefeller Family - New York
Now I don't know about you, but something is terribly wrong with this situation. Namely, don't we live in AMERICA? If so, why are seven of the top ten stockholders located in FOREIGN countries? That's 70%! To further convey how screwed-up this system is, Jim Marrs provides the following data in his phenomenal book, "Rule By Secrecy.
" He says that the Federal Reserve Bank of New York, which undeniably controls the other eleven Federal Reserve branches, is essentially controlled by two financial institutions:
1) Chase-Manhattan (controlled by the Rockefellers) - 6,389,445 shares - 32.
3%
2) Citbank - 4,051,851 shares - 20.
5%
Thus, these two entities control nearly 53% of the New York Federal Reserve Bank. Doesn't that boggle your mind? Now, considering how many trillions of dollars are involved here, and how the bankers are WAY above our "selected" officials in Washington, D.C., do you think the above-listed banks and families have an inordinate amount of say-so in how our country is being run? The answer is blindingly apparent.

Where does the money come from?
We all know that the Federal Reserve CORPORATION prints money - then loans it, at interest, to our government. But wait until you see what a total scam this process is. But before we get to the meat of this issue, let's remember one thing about the very essence of banking - primarily that money should have some type of standard upon which its value is based. In the case of America, we operate on what is called a "gold standard" (i.e. our money is backed by gold).

So, with that in mind, let's look at how money is actually created, and at what cost. If the Federal Reserve wants to print 1,000 one-hundred ($100) bills, their total cost for ink, paper, plates, labor, etc. would be approximately $23.00 (according to Davvy Kidd in "Why A Bankrupt America"). Now, if you do the math, the total cost of 10,000 bills would be $230.00 ($.023 x 10,000). But, and here's the catch - 10,000 $100 bills equals $1,000,000! So, the Federal Reserve can "create" a million dollars, then LEND it to the U.S. Government (with interest) for a total cost of $230.
00! That's not a bad deal, huh!
The banking industry calls this process "seignorage." I call it outright THEFT. Why? Well, regardless of the immense profit margin ($1,000,000 for $230), plus the huge interest payments, our government then needs to STEAL the American people's money to payoff their debts via a Mob-like agency called the IRS. So the bankers steal from the government, then the government turns around and steals from the people. I'm no genius, but who do you think is getting screwed in this process? US - the people at the bottom rung of the ladder.

What's worse is that - now catch your breath - there's NO MORE gold left in Fort Knox! It's all gone. In other words, the GOLD STANDARD that our financial system was based upon is now an illusion. We can't convert our money into gold --- only other currency. The entire underlying basis for our money is now a lie - a sham. The Federal Reserve has become so arrogant that they've become a literal MONEY MAKING MACHINE, creating currency out of thin air! So that's where the Fed gets their money - they literally make it, then lend it to us so they can make even MORE money off of it.

Money As A Religion
The above-detailed process has become so ridiculous that William Grieder, former assistant managing editor of the Washington Post, wrote a book in 1987 entitled, "Secrets of the Temple: How the Federal Reserve Runs the Country" that details how the Controllers have conditioned us to accept this absurd situation.

To modern minds," he writes, "it seemed bizarre to think of the Federal Reserve as a religious institution. Yet the conspiracy theorists, in their own demented way, were on to something real and significant. The Fed did also function in the realm of religion. Its mysterious powers of money creation, inherited from priestly forebears, shielded a complex bundle of social and psychological meanings. With its own form of secret incantation, the Federal Reserve presided over awesome social ritual, transactions so powerful and frightening they seemed to lie beyond common understanding.
"
Mr. Grieder continues, "Above all, money was a function of faith. It required implicit and universal social consent that was indeed mysterious. To create money and use

cut me off!..lol

ok, let me continue

Mr. Grieder continues, "Above all, money was a function of faith. It required implicit and universal social consent that was indeed mysterious. To create money and use it, each one must believe, and everyone must believe. Only then did worthless pieces of paper take on value.
"
Do you get it? MONEY is an ILLUSION! Why? Because the gold standard upon which our money is supposed to be based has been eliminated. There's no more gold in Fort Knox. It's all GONE! Now, money really IS only paper!!! In the past, money was supposed to represent something of tangible value.
Now it's simply paper!
Taken one step further, many of us don't even use paper money any more! Why? Well, here's a scenario. Many places of employment directly deposit their employee's paychecks into the bank. Once the money is there, when bill time comes around, the person in question can write out a stack of checks to pay them. Plus, when they need gasoline they use a credit card; and groceries a debit card. If this person goes out for dinner on Friday night, they can charge the tab on their diner's card. But what about the tip? They simply scribble in the amount at the bottom of the check. So far, the person hasn't spent a single dollar bill. Plus, if you bring electronic banking into the picture, we've virtually eliminated the use for money.
And, God forbid, what happens when encoded microchips are implanted into the backs of our hand?
In essence, money has become nothing more than an illusion - an electronic figure or amount on a computer screen. That's it! As time goes on, we have an increasing tendency toward being sucked into this Wizard of Oz vortex of unreality. Think about it. Americans as a whole are carrying more personal debt than in any other time in history. Plus our government keeps going further and further into the hole, with no hope of ever crawling out. But we have less and less actual MONEY! We're being enslaved by the debt of electronic blips on a computer screen! And 70% of the banks that control this debt via the Federal Reserve exist in foreign countries! What in God's name is going on? As author William Bramley says, "The result of this whole system is MASSIVE debt at every level of society.
"
We're getting screwed in a sickening way, folks, and the people doing it are demented magician-priests that use the ILLUSION of money as their control device. And I hate to say it, but if we allow things to keep going as they are, the situation will only get worse. Our only hope ... ONLY HOPE ... is to immediately take drastic action and remedy this crime.

S&F..

Step 1: Read "The Creature From Jekyll Island"

Step 2: Vote for Ron Paul


If steps are taken accordingly, we will find ourselves with a more informed public, as well as a leader who will work towards doing something about it

Good a thread I can be happy about. It's to bad that people aren't educated about this as they should be. If the majority of people were educated about this there would be no more thoughts of a recovery and people would know what the current system truly stands for... slavery (bond servants) through debt. I think we should start a mass movement to educate the masses about this and encourage them to do the same.

Eventually we will also need a solution to this problem... a new transaction system. We will need one that they haven't taken over before. Here are some good guidelines for a good transaction system:

1. Free market based- no centralization of monetary power
2. Inflation needs to be based on trade itself or as close as possible to that
3. Deflation needs to be based on a time to inflation ratio, as always
4. Needs to be able to inflate naturally when trade increases
5. Needs to be able to deflate naturally when trade decreases
6. Needs the capability to stay naturally balanced if trade neither increases or decreases

So yeah, two challenges:

1. Educate the masses
2. Theorize new type of transaction system

Well, that's all I can think of for the moment

-Elzon1

reply to post by TheBandit795

I have been saying the SAME thing and ooohhh how attacked one can get for it LOL..... Seriously though I have said so from the beginning of this protest!

I am glad some people are seeing it for what it IS

The poor kids are getting TOTALLY DUPED

reply to post by mileslong54


Gives it a very politically correct militant twang dotcha think?

OWS VS Tea Party AKA You VS Yourself!

I made a thread earlier that almost reflect this one in a way. Doesn't direct the movement toward the fed, but the movements of both as a whole toward the fed, and the ones who pull the strings behind the scenes.

but hell man, epic thread! this is exactly what those OWS communists should be doing... direct the anger towards the fed... the central bankers... financial oligarchs... not their minions... lol

I think it was Lou tzu who said this

'Attack enemy weakness, avoid enemy strength.'

right now OWS is like taking up against the fort that is DC... if you want to use your energy in a constructive way... use it where its most effective, and use it where it will make a real difference... not a damn park!

What a great post.. FINAL:LY a post by someone that sees what I see when I look S&F for sure!!!

Here is something eerie too. I have talked to lots of protest supporters, and been vehemently attacked by a few..

Not all of them by any means but lots of them for sure are really militant with the dogma. They want revolution, they want to crack heads, they want violence...and they dont want to talk about the Constitution...its a great way to shut them up though LOL just ask which article of the "Constitution their movement demands will restore and they totally shut down. It's down right creepy

I am not trying to paint them badly because I watch the crowd and I see some really well intended faces there amongst the socialists etc etc etc

It's like they parrot Democracy Democracy over and over and over... Point to the word Republic and they start to froth like a mad dog and you begin to wonder if they are sitting in front of the pc with their heads spinning around and hurling pea soup....it is THAT bad....

I posted 2 different online dictionary definitions of these two words

Democracy

Republic

OMG I think their heads exploded! lol I got called a disinformation agent etc etc etc

Thanks for this post...I was beginning to wonder if I was the one eyed man in the land of the blind (not a man but woman doesnt go with the pun)

origially posted at www.abovetopsecret.com...&addstar=1&on=12540671#pid12540671
While I applaud OWS' willingness to stand up, without a clear and accurate understanding of the problems and an intelligent modus operandi to convey their angst nothing of substance can be accomplished Angst alone is fairly meaningless.

Problem 1
We are being played off against each other. "Right" and "Left" are two sides of the same coin and that coin is owned by a private banking cartel known as the "Federal" Reserve.

The "Federal" Reserve is a privately owned credit monopoly. The US government pays money (in the form of interest) to the "F'R for the privilege of using the money the "F'R prints.

The Federal Reserve is part of a larger global banking system known as the Bank of International Settlements
www.bis.org... Our entire financial system is in the hands of private global bankers with their own nefarious agendas.

As a result....

Problem 2
Our representative republic has devolved into a crony, insider based plutocracy. Very little free market capitalism remains. Our elected "representatives" by and large represent only their own interests and those of their multinational corporate sponsors.

Problem 3
As a result of the undo influence mega banks and mega corps have on "our representatives", laws and regulations have been written to destroy free market competition and further their monopolistic aspirations.

Most notably, the Glass Steagall Act was repealed which essentially allowed the banking industry to go hog wild and invent all sorts of exotic financial instruments which directly lead to the financial crisis of 2008. Despite what some would say that it was bad mortgages, the problem was that the banks sold and resold them and leveraged bad investments resulting in a mountain of bank created bad debt.

The American people were then scared and fooled into bailing these guys out and they were never brought to the carpet in any real way nor were the laws changed to prevent this from happening again (because of problem 1).

Therefore, OWS in failing to address the real problems in a systematic way, such as strongly requesting the presence of their Congressmen and women down there and demanding a Fed Audit, a reinstatement of Glass Steagall and an end to undo corporate influence on legislation.

I watch this whole thing play out with dismay. I see a great opportunity being lost because primarily because of ignorance. On PP Nightly News, a We Are Change organizer was describing how initially some of the OWS Texas protesters were interested in the "End the Fed" message until Move On folks showed up and actively began to ostracize anyone with an End the Fed or Ron Paul sign. Sad.

Well now I'm wondering on how to get this info. out to the masses, before it's to late...The Federal Reserve and it's owners more than likely know that this info. is out there, and have to be planning something to put a stop to OWS before they start focusing the endless chanting on them. Could you imagine what the people will do if this knowledge goes viral...

1. Wall Street & Businesses are doing they're job: creating wealth and fuelling the economy.
   
2. The Federal Reserve is doing it's job: supplying money to the country
   
3. The US Government are NOT doing they're job because they're allowing
   
   
   
   1. wall street & business to occur in a non-sustainable manner; and
      
   2. the Federal Reserve to operate at all
      
   
   

Basically, we cannot blame institutions or corporations for doing what they were set out to do in this system with it's current regulatory setup. Unemployment and skewed wealth distribution is due to regulatory inaction by the US Government, and they are wholly responsible for this.

The US Government is paid to govern and intervene through regulation where free-markets fall short, for the good of it's citizens. It's not doing that. Occupy the White House lawn.

reply to post by TheBandit795


You are trippin bro! A small number of companies are responsible for this mess. JP Morgan and Goldman top the list.

reply to post by Donkey_Dean


No, I believe you are tripping man. Have a real long hard study of all the links supplied by the OP and others.

You will have a better understanding in about half an hour.

See ya then. Unless of course it was sarcasm.

reply to post by mudbeed


Don't kid yourself. Both the GOP and the Democrats are bought out. One and the same. Both take advice from Henry Kissinger (Rockefeller's right hand man).

i just wish you all should stop mixing peoples heads up its wall street the banks the government all of them

protest protest protest it doesnt matter where wether it be on wall street or outside the fed just get the damn sheep to wake up so they can join you !

then you can rip down the top teir of the pyramid and start again

Originally posted by indigo21
Unemployment and skewed wealth distribution is due to regulatory inaction by the US Government, and they are wholly responsible for this.

If a person is unemployed and needs someone elses wealth to survive- for the majority it is more the individuals fault and THEY are responsible, not the government. Everyone loves to blame everyone else. But if someone is unemployed and does not have enough income or little income to survive and they blame someone else for it and don't take responsibility, it is obvious why they are in that situation - they are not taking full responsibility for there own life.

Well this is exactly correct.

S + F.

The biggest threat/concern to Americans is the debt based monetary system which turns us into perpetual debt slaves and the destruction of our dollar via the "Federal Reserve".

The "Federal Reserve" has destroyed 95% of the dollar's purchasing power since its creation in 1913.

95%.

Abolish the "Federal Reserve", restore the strength of our currency so Americans can buy more with less money, when 1 family member could work and was able to afford a home, 2 cars, 2 children, health care, food, utilities etc.

reply to post by ThreeThreeThree


You're right, but I'm specifically talking about current unemployment rate. Keeping unemployment down is the responsibility of the Government.

Originally posted by cornucopia
Now that we know the Federal Reserve is a privately owned, for-profit corporation,

It isn't. The Federal Reserve is not a corporation, it's a number of organizations; the Board of Directors is a government entity, and the twelve Federal Reserve Banks are twelve distinct corporations. The Federal Reserve does not seek to maximize profits, and the profits it does accrue are transferred to the US Treasury.

a natural question would be: who OWNS this company?

Member banks are required to own shares in the Federal Reserve Banks, although they don't have the usual rights associated with ownership. The concept of "ownership" is a tricky issue for an system that was established by statute; Congress can amend that statute and make the Fed do whatever it wants at any time. So no matter how many shares the banks have in their respective Federal Reserve Banks, the actual rights of ownership are retained by Congress, and the People.

www.federalreserve.gov...

Quoting Marrs:
" He says that the Federal Reserve Bank of New York, which undeniably controls the other eleven Federal Reserve branches, is essentially controlled by two financial institutions:
1) Chase-Manhattan (controlled by the Rockefellers) - 6,389,445 shares - 32.
3%
2) Citbank - 4,051,851 shares - 20.
5%
Thus, these two entities control nearly 53% of the New York Federal Reserve Bank.

The banks only appoint six of the nine FRBNY directors, and only three of those are supposed to represent the banks. Banks are divided into categories by size, and the large banks only appoint one Class A and one Class B. So these two entities, assuming they vote in concert, appoint 2/9 of the FRBNY directors, and only one of those may (by law) represent the banks' interests.

www.ny.frb.org...

Do you get it? MONEY is an ILLUSION! Why? Because the gold standard upon which our money is supposed to be based has been eliminated. There's no more gold in Fort Knox. It's all GONE! Now, money really IS only paper!!! In the past, money was supposed to represent something of tangible value.

Legal tender for all debts, taxes, customs, and duties--and last time I checked, almost every transaction transacted in the United States was denominated in dollars. Doesn't sound very illusory to me. As for Fort Knox, cute story, but just that.

So far, the person hasn't spent a single dollar bill. Plus, if you bring electronic banking into the picture, we've virtually eliminated the use for money.

You are confusing "money" with "currency." Currency is just a way of holding money and moving it around.

reply to post by Donkey_Dean


It's the Federal Reserve... Repeat after me: T H E - F E D E R A L - R E S E R V E