11 Jul 09 END THE PRIVATE FEDERAL RESERVE NOW! Who’s agrees?
I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.
-Thomas Jefferson
I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. Corporations have been enthroned, an era of corruption in high places will follow, and the money-power of the country will endeavor to prolong it’s reign by working upon the prejudices of the people until the wealth is aggregated in a few hands and the Republic is destroyed. -Abraham Lincoln
The Federal Reserve is an independant agency, and that means basically that there is no agency of government whicn can overrule actions that we take -Alan Greenspan
Search youtube greenspan federal reserve and you’ll find it!
END THE PRIVATE FEDERAL RESERVE NOW!
Research-Builderburg!
They have stolen thousands of dollars from me without my approval, they have robbed my children of their future.
They want you to believe that if your against the FED your a terrorsit. Why do you think the media only shows you murder, war, hate, terrorism, and ****?
They do it to because the psychological makeup of the individual is such, that when exposed to constant negatism they shut iff. Therefore preventing and calming the population to major changes in social, economic, and political changes the people would not normally stand for.
Some even believe we (the Rockefeller family) are part of a secret cabal working against the best interests of the United States, characterizing my family and me as ‘internationalists’ and of conspiring with others around the world to build a more integrated global political and economic structure—one world, if you will. If that’s the charge, I stand guilty, and I am proud of it.
DAVID ROCKEFELLER, MEMOIRS (page 405)
Tags: Abraham Lincoln, Alan Greenspan, Banking Institutions, Continent, Corporations, Corruption, Federal Reserve, Independant Agency, Inflation, Liberties, Money Power, Political Changes, Prejudices, Private Banks, Psychological Makeup, Rockefeller Family, Secret Cabal, Standing Armies, Thomas Jefferson, Thousands Of Dollars
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Gossimer
I agree but it wont happen anytime soon….at least HR 1207 is a step in the right direction though.
Gossimer
Terrorist Von Brunn agrees with you.
Gossimer
Von Brunn agrees.
Liberty Reserve
i agree.
Liberty Reserve
I am for that. If you haven’t already, look into the Constitution Party that is part of our platform.
Liberty Reserve
Your fellow Associates, from this group:
Liberty Reserve
Sorry, but you obviously don’t know what you’re talking about. There is no Private Federal Reserve in the US.
Liberty Reserve
Nah… I’m not down with this conspiracy theory stuff…
Gossimer
James von Brunn.
He’s on the very same page you are.
Liberty Reserve
I support auditing the Federal Reserve but, fear mongering about the effect that it truly has on our country only places you squarely amongst the lunatic fringe of the assholes that are actually trying real hard to destroy this country!
But, let me ask a pointed question! Are you a Paultard!!?
Liberty Reserve
Ever notice that none of the people who want to abolish the Federal Reserve have no idea as to what to replace it with?
All they are is people who do not understand economics – repeating empty slogans.
Liberty Reserve
Whatever your opinion of the Federal Reserve is, you might help your case by sticking with factual information.
That quote from TJ? Long regarded as a hoax:
Of course, the Abe quote has nothing to do with the Fed.
The quote by Greenspan? There is a difference between ‘private’ and ‘independent within the government
The Federal Reserve is a unique legal entity that can be described as an independent government agency with member bank participation. It is organized with a 100% government agency at the top (the Board of Governors), and branches beneath them that are organized like corporations with member banks as shareholders.(Ref: , )
The Board of Governors are all appointed for 14-year terms by the president and confirmed by congress. It operates per it’s charter and laws set by congress. it is overseen by congress. There is no structure or mechanism for private ownership at this level; it is a government agency. You can confirm this from a number of government sites that list it as a government agency (e.g.) Board members are forbidden by law to have any economic interest in a private bank. (Ref: Title 12 chapter 3 of the U.S. Legal Code). The Board determines monetary policy and provides high level oversight of the branches.
The 12 branches can be considered highly regulated private corporations. Member banks are required to buy shares in their branch. Each bank has one vote. They can vote for 6 of their 9 board members, the other 3 are appointed by the Board of Governors. Though the branches are called non-profit, the member banks get a standard 6% dividend on their shares. The remaining ‘profit’ is turned over to the Treasury at the end of the year. All ‘national banks’ are members. You can review the list of national banks at .
For confirmation on this, check out how Hoovers classifies them:
And those shares that the member banks own? Some say there are so many restrictions that it falls short of true ownership
From Edward Griffin, noted anti-fed intellect (http://www.bigeye.com/griffin.htm)
It’s a hybrid, part corporation and part government, part private, part government.
..
Every bank that’s in the system is an owner of the Federal Reserve… But that’s as far as it goes because those stock certificates do not carry with them any of the attributes of private ownership. For example, the holders of these certificates cannot sell them. If you can’t sell something then you don’t really own it, that’s one of the tests of ownership, your ability to dispose of it. You cannot sell it. Furthermore the larger banks put up more money than the smaller banks, it’s a ratio to their assets, so the larger banks have more stock certificates in the system than the small ones and yet regardless of the number that they hold, every bank has just one vote. There’s another violation of the principle of private ownership. Furthermore that vote doesn’t buy them anything. They can’t vote for anything of substance; they cannot vote for their national management which is the most important thing, isn’t it? The board of directors and chairman of the Federal Reserve System are appointed by the President, they’re not elected by the banks that are part of the system, the President does that.