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Stevens led the Radical Republican faction in their battle against the bankers over the issuance of money during the Civil War. Stevens made various speeches in Congress in favor of President Lincoln and Henry Carey's "Greenback" system, interest-free currency in the form of fiat government-issued United States Notes that would effectively threaten the bankers' profits in being able to issue and control the currency through fractional reserve loans. Stevens warned that a debt-based monetary system controlled by for-profit banks would lead to the eventual bankruptcy of the people, saying "the Government and not the banks should have the benefit from creating the medium of exchange," yet after Lincoln's assassination the Radical Republicans lost this battle and a National banking monopoly emerged in the years after.
Originally posted by inverslyproportional
reply to post by FractalChaos13242017
The FED was designed and implemented to do exactly what it has done, make financial slaves out of the populous. The entire point of the FED was to take financial authority over the U.S. currency out of the peoples hands and place into the hands of the oligarchs. While simultaniously preventing any kind of public oversight, so as to keep the people ignorant of the position they have been placed in.
Honestly, the FED is the single most important factor in causing the financial crisis. Yes I said causing, as it was done intentionaly. Think about it. Who lost their money? Poor people, middle class people, and regular rich people. Now who profited from it? The super rich, they came out even better than they went in.
They screwed over millions of people, millions lost all their savings and retirements, while the big wigs siphoned off their profits, then we bailed them out, and they used the blood money to give themselves bonuses and raises, for causing the problem to begin with.
As for the housing bubble, they did cause it, with help from their insider politicians, and intrest rate manipulation.leading to, a lot of folks losing their home and all equity in it, not for being in default, but because their martgage was now more than the value of their property. So many paid on time for many years, and the bank still gets to keep all that money, and the lendies property. It was a beautifully done double dip. The bankers weren't smarter or more prepared, they caused the problem in the first place. Knowing the day was coming to reap what they sowed. And so they did with great joy, and much jubilation.
The FED hasn't done a single thing to help a single person save the oligarchs and their buddies.
Originally posted by Hefficide
reply to post by TarzanBeta
You're referring, I assume, to the 99 year lease and the beginning date of 12/23/1913?
I'm not positive this will be an issue, as 99 year leases are flexible in legal nature. But it is very possible, given the grand plan, that this could end up being a blindside issue to the American people - to the World Bank - the global economy - and to China, who owns most of our debt.
There is a definite end-game opening to be had if the Fed were to collapse and shut its doors. That could be the final straw in collapsing the entire global economy.
And 2012ers will go crazy over the date... 12/21/12.
Am I close?
Originally posted by Hefficide
It's wonderful that we're all in agreement that the Fed is a terrible thing!
The fact that several factors seem to all be coming together regarding the Fed, and focused upon the last 60 days of this year still intrigues me and leaves me nervous.
Honestly speaking, one could cherry pick about 20 of the top conspiracy subjects on ATS ( Those involving NWO themes specifically - and even 2012 prophecies, if one is so inclined ) and put them over the last two months of this year... and they fit together fairly well.
Could this be the trigger? An upset at the Fed that is then used to redefine the paradigm in Washington? Think about it. People would applaud a change - no matter what. Even if that change were destructive or dangerous. Just having a shake-up would make people happy in the short term. They'd possibly be blind to the implications.
Couple this with Iran, China, class warfare in the US...
From my POV this is almost like watching a car lose control on the freeway... it's all in slow motion, and you're not quite sure what's about to happen... but you know that it's not going to be good.
“Sec. 31. The right to amend, alter, or repeal this Act is hereby expressly reserved.”
again, this reported expiration is another one of those arguments designed to distract.
1. Reservation of Right to Amend
The right to amend, alter, or repeal this Act is hereby expressly reserved.
[Omitted from U.S. Code. Part of original Federal Reserve Act; not amended.]
Wrabbit ... i certainly don't want to derail this thread, but for as long as you've been a member, i find that difficult to believe. however, you should review these threads for more info i think you're missing.