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federal reserve/for profit banking system++FreeMan Info
page: 1share:
the federal reserve is about as federal as federal express, lol..
oh and it's not even a reserve
but yes it is for profit!
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 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.
"
oh and it's not even a reserve
but yes it is for profit!
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 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.
"
edit on 20-5-2013 by cornucopia because: added to the title, thank you ATS
fyi I did do a search for the federal reserve and many off shoots came up, but nothing as direct as what I am going to be posting
Aaron Russo on The Federal Reserve
There are people out there though who are tirelessly trying to get the word out. Still. They will not give up until the government begins to give answers. Clear answers.
www.youtube.com...
Aaron Russo on The Federal Reserve
There are people out there though who are tirelessly trying to get the word out. Still. They will not give up until the government begins to give answers. Clear answers.
www.youtube.com...
It's not just the Fed that creates money.
Every bank that loans out money creates new money with each loan.
That's right, they don't loan out the depositors money as everyone is taught.
They loan money that doesn't exist until the borrower signs the agreement to pay back the loan.
This is called a 'Promise To Pay', which is what monetizes the loan. The borrower is promising to pay back the money that didn't exist until they signed the agreement to pay it back with interest.
Because all of the money in circulation comes from bank loans, there is never enough money to pay back all of the loans plus the interest. The interest for a given loan is not created by that loan, just the principle.
This creates an unsustainable system that results in ever-increasing levels of debt until the system collapses under the interest burden.
That's where we are now after just 100 years of the FRS fraud.
We have passed the debt-saturation point. New debt no longer stimulates the economy. It drags it down.
Another little known fact of banking is that when the principle of a loan is paid back, it is destroyed.
The bank does not keep the principle from each loan, just the interest earned.
If all of the bank loans were paid back at the same time, there would be little to no money in circulation. The economy would collapse from a lack of liquidity.
That's because the current monetary system is debt-based.
If the Federal Government created our money instead of the banks, this would no longer be the case. The money could stay in circulation indefinitely.
This would solve most of the financial problems of the world without resort to unnecessary and futile austerity programs.
Every bank that loans out money creates new money with each loan.
That's right, they don't loan out the depositors money as everyone is taught.
They loan money that doesn't exist until the borrower signs the agreement to pay back the loan.
This is called a 'Promise To Pay', which is what monetizes the loan. The borrower is promising to pay back the money that didn't exist until they signed the agreement to pay it back with interest.
Because all of the money in circulation comes from bank loans, there is never enough money to pay back all of the loans plus the interest. The interest for a given loan is not created by that loan, just the principle.
This creates an unsustainable system that results in ever-increasing levels of debt until the system collapses under the interest burden.
That's where we are now after just 100 years of the FRS fraud.
We have passed the debt-saturation point. New debt no longer stimulates the economy. It drags it down.
Another little known fact of banking is that when the principle of a loan is paid back, it is destroyed.
The bank does not keep the principle from each loan, just the interest earned.
If all of the bank loans were paid back at the same time, there would be little to no money in circulation. The economy would collapse from a lack of liquidity.
That's because the current monetary system is debt-based.
If the Federal Government created our money instead of the banks, this would no longer be the case. The money could stay in circulation indefinitely.
This would solve most of the financial problems of the world without resort to unnecessary and futile austerity programs.
Sovereign Tactics- Unplug yourself from the Matrix- Wake up!
"A free man, shall offer no apology whereas no victim can be found, nor should he seek the licensed permissions of the state, as we are sovereign unto ourselves." – Randy Stroud **
lots of information here to help you claim your rights...
this is the next stage for us..
to claim your rights and be free from the un-natural system
sovereigntactics.org...
On June 5, 1933, Congress passed House Joint Resolution (HJR 192). HJR 192 was passed to suspend the gold standard and abrogate the gold clause in the national constitution. Since then no one in America has been able to lawfully pay a debt. This resolution declared:
www.truthsetsusfree.com...
"A free man, shall offer no apology whereas no victim can be found, nor should he seek the licensed permissions of the state, as we are sovereign unto ourselves." – Randy Stroud **
lots of information here to help you claim your rights...
this is the next stage for us..
to claim your rights and be free from the un-natural system
sovereigntactics.org...
On June 5, 1933, Congress passed House Joint Resolution (HJR 192). HJR 192 was passed to suspend the gold standard and abrogate the gold clause in the national constitution. Since then no one in America has been able to lawfully pay a debt. This resolution declared:
www.truthsetsusfree.com...
freeman tactics..
title 18 owned em, calm and cool for a change... drama at the house... private dont ask.
from,
Christopher Fleming
www.youtube.com...
title 18 owned em, calm and cool for a change... drama at the house... private dont ask.
from,
Christopher Fleming
www.youtube.com...
There is no more pertinent topic the world could be discussing right now.
S&F
They will print, until they can't. Things are going to get quite interesting when the Keynesian turd drops into the swirling toilet of reality.
S&F
They will print, until they can't. Things are going to get quite interesting when the Keynesian turd drops into the swirling toilet of reality.
A bit late to this game Corn,
Most of this is available here or links to where you can gain this info.
I still love ya
better late than never
S/F
Most of this is available here or links to where you can gain this info.
I still love ya
better late than never
S/F
reply to post by InhaleExhale
thanks
but I did search and no other thread is laying it out the way I am, it's just subjects pertaining to the fed..
let me add that this is the most important subject right now, fix or continue to be a slave..
I will not allow Humanity to be slaves any longer...
thanks
but I did search and no other thread is laying it out the way I am, it's just subjects pertaining to the fed..
let me add that this is the most important subject right now, fix or continue to be a slave..
I will not allow Humanity to be slaves any longer...
The American Dream By The Provocateur Network
"A simple animated explanation of HOW the private Federal Reserve steals your money and WHY it must be stopped"
www.youtube.com...
cute vid and informative
"A simple animated explanation of HOW the private Federal Reserve steals your money and WHY it must be stopped"
www.youtube.com...
cute vid and informative
Creature from Jekyll Island
How & Why the Federal Reserve System was Conceived
"The Creature From Jekyll Island" (listen now 70 min.)
by G. Edward Griffin.
freedomclubusa.com...
How & Why the Federal Reserve System was Conceived
"The Creature From Jekyll Island" (listen now 70 min.)
by G. Edward Griffin.
freedomclubusa.com...
no federal reserve thread is complete without this video..
Louis Farrakhan exposes the Federal Reserve and International bankers
The Federal Reserve, WW1, WW2, IRS, ADL and the international zionists in 10 minutes
www.youtube.com...
Louis Farrakhan exposes the Federal Reserve and International bankers
The Federal Reserve, WW1, WW2, IRS, ADL and the international zionists in 10 minutes
www.youtube.com...
edit on 20-5-2013 by cornucopia because: changed a word
reply to post by cornucopia
Would you accept information posted on Wikipedia or the Federal Reserve web site if it disagrees with the information you presented?
Would you accept information posted on Wikipedia or the Federal Reserve web site if it disagrees with the information you presented?
reply to post by charles1952
lol..
no, I would not...
the BS ends now...
the question should be why would YOU support the federal reserve system?
And do you care about Humanity on this World?
Wouldn't you rather see us free?
Do you think taxes are righteous?
lol..
no, I would not...
the BS ends now...
the question should be why would YOU support the federal reserve system?
And do you care about Humanity on this World?
Wouldn't you rather see us free?
Do you think taxes are righteous?
reply to post by cornucopia
You needed this info to come out before knowing the cost of ink, paper and labor? This could have been calculated anytime and people are aware...
The question is.....
WHAT DO WE DO TO STOP IT???
You needed this info to come out before knowing the cost of ink, paper and labor? This could have been calculated anytime and people are aware...
The question is.....
WHAT DO WE DO TO STOP IT???
reply to post by cornucopia
Dear cornucopia,
I must admit I'm stumped. For example, I always thought that the Bureau of Engraving in the Treasury Department printed our currency, not the Federal Reserve. My thinking on that came from information on Government websites and Wikipedia, but if those are useless I'm not sure how to talk about this with you.
In answer to your questions:
With respect,
Charles1952
Dear cornucopia,
I must admit I'm stumped. For example, I always thought that the Bureau of Engraving in the Treasury Department printed our currency, not the Federal Reserve. My thinking on that came from information on Government websites and Wikipedia, but if those are useless I'm not sure how to talk about this with you.
In answer to your questions:
I didn't know I was supporting it. It's there, it does whatever it's supposed to do, Congress can change it but they don't seem to want to. What is there that's up to me? Frankly, I don't have a position on it.
the question should be why would YOU support the federal reserve system?
Yes.
And do you care about Humanity on this World?
Depending on what you mean by "free," and what the "rather" refers to, yes.
Wouldn't you rather see us free?
Yes. Depending on what you mean by "righteous." Some government spending is not righteous, but taxes are legal.
Do you think taxes are righteous?
With respect,
Charles1952
I agree with the OP has written. However, I thought we did away with gold standard years ago??
reply to post by Chrisfishenstein
we contact high ups in the military..
we demand every politician abolish the fed or be fired..
we pull our money out of banks and put into safe boxes or credit unions or the like...
we grow our own food.
reduce, recycle and re-use..
barter...
community gardens...
claim your rights, proper UCC filing...
please feel free to add to the list
we contact high ups in the military..
we demand every politician abolish the fed or be fired..
we pull our money out of banks and put into safe boxes or credit unions or the like...
we grow our own food.
reduce, recycle and re-use..
barter...
community gardens...
claim your rights, proper UCC filing...
please feel free to add to the list
reply to post by charles1952
Hi Charles,
taxes are legal?
lol
not in my opinion
break free from the status quo, many people are suffering because of the system where you need money to survive.
Hi Charles,
taxes are legal?
lol
not in my opinion
break free from the status quo, many people are suffering because of the system where you need money to survive.
reply to post by cornucopia
Dear cornucopia,
I thought taxes were legal. Doesn't "legal" mean not prohibited by law? Since we're probably talking about Federal or State law (since that's what they use to jail you if you violate it) are you saying that there is a Federal or State law prohibiting taxes? That would be news to me.
As far as breaking free from the system of money, well, I'm almost there. I currently have very little money, and with a couple of bad breaks I'll be completely free of it.
With respect,
Charles1952
Dear cornucopia,
I thought taxes were legal. Doesn't "legal" mean not prohibited by law? Since we're probably talking about Federal or State law (since that's what they use to jail you if you violate it) are you saying that there is a Federal or State law prohibiting taxes? That would be news to me.
As far as breaking free from the system of money, well, I'm almost there. I currently have very little money, and with a couple of bad breaks I'll be completely free of it.
With respect,
Charles1952
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