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Alex Jones: Cops Prove Federal Reserve Does Not Belong To The People

October 11, 2011 by  

Alex Jones: Cops Prove Federal Reserve Does Not Belong To The People

Texas-based radio host Alex Jones has posted a video on his website INFOWARS.COM that he is asking individuals to “spread like wildfire.” The video shows San Antonio police advising Jones and a handful of protesters to leave the private property of the Federal Reserve Bank.

“Doesn’t this look like a Post Office? It’s got Federal seals on it,” Jones chided the officers. “It says Federal Reserve; it’s like counterfeiting or something.”

As the officers assured Jones that the building was indeed private property and that he and his supporters needed to cross to a public street to continue their demonstration, the radio host seized the opportunity to make his point.

“You’ve been super nice, you’re right,” Jones told the officer who asked him to leave. “Some people thought it was like a park because it looks like a Post Office.”

Jones went on to tell the crowd that until there was an audit on the Fed, it would indeed remain private property: private property owned by a “mafia, a criminal cartel.” At a similar protest two days earlier, Jones asked the police officers who were present to investigate why a bank called “Federal” was considered private.

“Does that sound like crime to you? Private property, Federal Reserve. Investigate it, there’s the criminals right there.” Jones said. “You’re here guarding the private, offshore Rothschild bank from evil Americans, evil, evil Americans… I’ve read the Homeland Security reports and they tell cops that the Federal Reserve is Federal and that we’re raving lunatics. Really their charter is private.”

 

 

Sam Rolley

Staff writer Sam Rolley began a career in journalism working for a small town newspaper while seeking a B.A. in English. After learning about many of the biases present in most modern newsrooms, Rolley became determined to find a position in journalism that would allow him to combat the unsavory image that the news industry has gained. He is dedicated to seeking the truth and exposing the lies disseminated by the mainstream media at the behest of their corporate masters, special interest groups and information gatekeepers.

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  • s c

    No comment from me on this one, folks. OK, progressives, rise and shine. Show America what you’ve got.

    • BrotherPatriot

      I’m feeling the same way this morning, s c…as I drink my java.

      Man…if people still are just now finding out that the Federal Reserve isn’t federal but instead is a private company of the Rothschilds…well, they sure have a lot of research to do.

      Yep…it is this 3rd central bank that is the Illuminati’s greatest control mechanism that they have on us. Control the money supply and they care not who makes the nations laws. Good Lord people…how much more obvious can they be?

      Wake up my brothers & sisters! They have been at it for a very long time now!

      God Bless us all as we continue spreading the truth about this secret cabal!

      • s c

        BrotherPatriot, I blame public noneducation for most of America’s ignorance concerning the Fed. It is an obvious evil, and I marvel at people who DARE to think a mere audit of the Fed will ‘whip it into shape.’ DAMN! With a group like the Fed [a private corporation that has a MONOPOLY on America's WEALTH] the one thing you do NOT do is give it reasons to continue. Letting a career criminal stay in your house is a better idea.
        The Fed is fit only for a retrograde ABORTION. Kill it. It has been ‘redistributing’ America’s wealth since 1913. Doesn’t that mean ANYTHING to those who think that a stinking audit will change anything? That makes as much sense as relying on an umbrella when a hurricane is on its way.
        Who will audit the forkin’ auditors? Solve the damned problem. THAT is the answer, people. That’s the ONLY answer.

        • DENNIS

          THE LAST PRESIDENT THAT CALLED FOR GETTING RID OF THE FEDERAL RESERVE BANK WAS PRESIDENT KENNEDY,, AND YOU SEE WHAT HAPPENED TO HIM!! JUST IMAGINE BEING IN THE POSITION OF MIDDLE MAN, AND CHARGING INTEREST ON EVERY DIME THAT WAS LOANED FROM THE US TREASURY TO ALL THE BANKS IN THE COUNTRY! WHO ARE THESE PEOPLE?? WHO OWNS THESE FED RESERVE BANKS? NO ONE KNOWS OR WILL TELL YOU!! WHAT A DEAL! THIS IS WHERE THE MONEY IS BEING SIPHONED OFF THE AMERICAN ECONOMY! YOU COULD PAY FOR SOCIAL SECURITY AND THE MILITARY WITH ALL THIS MONEY… THE TREASURY SHOULD BE LOANING AND CHARGING INTEREST TO PUT INTO THE TREASURY, NOT THE FED,,,

    • eddie47d

      No one is allowed to protest anywhere whether on Wall Street or in front of the Federal Reserves. Bringing in the cops… bringing in the cops…we will be rejoicing when they are bringing in the cops!

  • Tiger716

    If those nuts on Wall Street want to protest something, they should come stand out in front of this Federal Reserve (or any) and wave their signs in front of it! They need to figure out what and who the real enemy is. To my way of thinking, it is the privately owned Federal Reserve.

    • meteorlady

      They are financed by moveon.org and the unions, plus Soros probably poured in more money through his various other organizations. There are pictures of these protestors on YouTube taking drugs, having sex, etc. They are worthless and if this is our future, please let me die before they gain any power at all,…

  • http://www.TomBlairEA.com Thomas Avery Blair

    The Federal Reserve is actually the third U.S. Bank of the USA…there were historically two earlier versions whose charters were not renewed by the Congress because each “central bank” was found guilty of crimes against its’ customers and against the U S society on the whole. They established the “third” but packaged it in a new name with the word “reserve” in it. Whether you label something with a scull and crossbones or with the word poison, it is still bad for the human consumer to deal with and especially harmful when ingested.

    Too many Americans like their “sanitized” versions of American history and are suffering the same consequences as our forefathers did because we don’t commonly know the truth. If you would understand where we were, who did it and where we are headed in terms of our financial heritage, I highly recommend you read from cover to cover a book named “The Creature from Jekyll Island” and learn what happened in 1910, 1913 and thereafter that put the master bankers into “bankster” mode for now almost 100 years of American history.

    Too busy to read it? Okay, but when you are living in a cardboard box or dumpster, and homeless and hungry, just remember that at least someone told you how to know the facts and from there how to learn how to protect yourself and your loved ones.

    At least food for thought, is it not?

    Respectfully submitted,

    Thomas Avery Blair, EA

    • topjimy8712

      I dont know what book you read but, throw it away. The federal reserve was founded by Paul Warburg. The son of Aby Warburg the banker (JP Morgan) he finaced wellingtons army while the Rothschilds funded Napolean the strongest state in eurupe under under british rule they went to war and like many wars before the bankers finace them. Napolean lost. Then Rothschilds took at the birth right leader in Russia and czar lenin rose to power. While Aby Warburg went into Germany. See the bankers finace the military build up then by controlling the politans, media, and economist they build the nations up while finacing them and then pin them against each other. When Germany lost WWI there pride of the peoe was so bad and the high war debt never let the weimar constitutional republic never was gonna last and hitlers third reich which wasnt orchastrated happened. Hitler knew what had happened because during WWI the finaciars choke of there resources and supplies. Hitler took over and provided hooe and went to the gold standard, burned the books and he took over the propoganda all the means the finaciars use to destroy and control a nations people. Germany was no longer divide and seeked revenge. The british empire was gonna be next after russia but they git all the nations, allied force that thet had there bank teeth in our fed reserve and we tax payers finaced the allies against Hitler. Now the bankers got nervous with the modernized military means so they take over contries put in communism. We had a military build up and a nuclear arms race with russia they made there money by tye rothschilds world bank and the fed reserve here. They dont want to blow uo the world so the start un, nato, etc.. its more governing now. But they still finace small conflicts and build up nations, cause depression, recessions all while stealing the tax payers labor and they are here in america and we have the military build up and borrow 43 cents of ever dollar they have divide us people on social.issue now class warfare some civil unrest they put tge hammer down take are guns put a marist or communist govt here and controll the leaders and and all are resources. Ronald reagan warned us about the man made global warm and they took a shot at him. Jfk signed a bill to have the us treasury cion silve to get away from the fed she he is dead too. Just google this. George soros, paul.warburg, samuel sachs, bernie madoff, herbert lehman, solomon loeb, paul worwitz what do they have in common. Jews and wall street. They even connected to freddie and fannie by the caryl group donald marrow and david m moffet. There is always going to be a ruled class and a ruling class. Look at tge list of 60 riches families. Now they are using you. A slave doesnt know he is a slave if given a wage. Thats the truth. The Constitution, limit govt, strong family common faith in god or sometjing beside govt. Like the OWS there at the wrong place. The politans sworn an oath and stood in front of us and said they would work for us. Instead they work for the finaciars. They want world socialism having all of in servdom, disarm us and population decrease. They see themselves in power for ever and this is there kingdom. Were just peasants and eaters. Why do you think stalin made gugals, mao ting had sometjing name exscapes me and hitler had consentration camps. The sick, lame, lazy and social misfits just go to die. Another thing is the OWS dont see the distraction from the fact that they spend all the entitlement money and now they will cause a depression here and a dictator will rise if we let it happen. Explain why were broke when we have oil and gold in the ground to paybthe debt. There ginna kill of the old they ripped off then manage everything. China 2.2 trillion a year in GDP and were only 309million people and 15.6 trillion GDP we have been to prosperious. china 2 dollars a day. Were to to exspensive to maintain.

      • theKINGofKEENE

        Dude, that is one of the most incoherently-written things I have ever read online…multiple mis-spellings, and horrible grammar…as true as much of your facts are, the post itself is more like gibberish…Try reading it slowly and carefully, OUT LOUD…I bet if you do that, you’ll see what I mean…

        • Larry Stafford

          How would you do writing in his language. His post was perfectly clear and correct to me

        • http://GOOGLE LAMAR BERRY

          ITS TIME WE THE PEOPLE TAKE OUR COUNTRY BACK. EVERY THING THE FEDERAL GOVERMENT NEEDS TO BE UNDER CONTROL OF WE THE PEOPLE WHO WORKS AND KEEP AMERICA ALIVE.

          ITS TIME FOR THE AMERICAN PEPOLE TAKE A STAND ESPECIALLY THE CRISTIONS.
          THIS IS THE ONE NATION THAT WE NEED TO TAKE CARE OF.
          LET THE OTHER CONTRIES HELP THEM SELVES INSTED OF AMERICA FUNDING THEM.

      • rachel tsunami

        I was interested to read what you had to say, and you may be right, but your msg is dead in the water because it is incoherent.

      • Jibbs

        Oh boy, this made my eye’s hurt. Very hard to follow when you keep jumping around. Check your spelling. I make mistakes too, but this is just crazy.

  • jz

    check the tax roll. if it’s really private property, you should be able to find out how much they pay for property taxes.

  • Patriot II

    Ignorant people “The Mob”
    Oranized Crime “The Mob”
    Liberals “The Mob”
    Lazy SOB’s “The Mob”
    Exploiters of Race “The Mob”
    Exploiters of Class “The Mob”
    Finger Pointers

    Remember Jim Hensen’s Muppets? SDomeone needs to come up with a similar theme, “The Mobbets”

  • CP

    For Patriot II, it appears that anyone who does not agree with you is a member of a “mob.” In that case, you must be a member of a “mob” as well, even if only a “mob” with one member, you. Be careful what names you stick on people, as some of those names do bounce back.

    • Patriot II

      People who are Ignorant of How Free Enterprize Capitalism works and how well it works, are the People I Named “Mobbets”.

      Yes “they” disagree with me you are right! and these are my comments and I reserve the right to make comments about anyone, it is free speech.

      Would you care to debate the difference between Free Enterpise Capitalism and the way these people (“Mobbets”) think?

  • Cool One

    BrotherPatriot is right–it is the 3rd bank. Woodrow Wilson pushed it through in 1913, the same guy who created the League of Nations (now the UN). Andrew Jackson shut down the 2nd one in 1836 (by vetoing its renewal), but it was reinstituted by Lincoln in 1863 to finance the Civil War.

    Those protesters should definitely be raising cane about the Fed and the White House. They don’t even have a clue what they’re doing. I should know–in the 1960s I protested everything that moved–not out of true anger, it was just a big party-time experience.

  • Angel Wannabe
    • AntiBankConservative

      Yes, AngelWannabe, as a history lesson everyone needs to read
      Secrets of the Federal Reserve
      by Eustace Mullins
      This book, written in 1952, tells us how we got into this mess. Mr Mullins says, the Federal Reserve Bank is not federal, it’s not a bank, and it has no reserves.

      This book by Ellen Hodgson Brown tells us how to get out of this mess.
      http://www.webofdebt.com/
      A Review says, “If there is one book that one should read to understand the current economic crisis, to understand the root of the problem, and to understand its solution, it is “The Web of Debt: The Shocking Truth About Our Money System and How We Can Break Free”…. “Web of Debt” is an extremely enlightening and remarkable book, providing an understanding to our world and the current economic crisis and providing monetary and banking solutions that will take us out of this crisis and benefit the people… The book is an absolute must read and relevant to people of all political stripes. The only idealogy presented is one of fairness, integrity, and common sense.”

      • Viola Perry

        thank you for the link. Most valuable reading! Looks like they are doing the same thing now to the EURO as they did to the Peso!

  • steve in AZ

    Thank you,Angel.

    But MUST we actually READ, nowadays? Isn’t that sort of old-fashioned?

    It seems much more democratic to just hold an opinion based on what our media tells us (or based on nothing at all). Does our public education system even teach reading anymore? I understand it doesn’t teach writing. If writing isn’t important, why should we have to read anything?

    Please – can’t someone just post the links to some youtube videos that will teach us all we need to know without our having to actually DO something?

    Those on the left would certainly appreciate it.

    DONATE NOW so you can VOTE RON PAUL 2012!!!!

    • AntiBankConservative

      For those who cannot read there are videos.
      Go to youtube or Google

      ‘Eustace Mullins’ or ‘Ellen Hodgson Brown’

      • steve in AZ

        LOL!!!

        I was being facetious,sir. But – if it DOES take a video to help one more indoctrinated individual to see the light, then I would say – Thank God for youtube! :)

        DONATE NOW so you can VOTE RON PAUL 2012!!!

  • Roadrunner

    Alex is right. The Federal Reserve is a private entity. Our taxes are not collected by our government, they are collected by the Federal Reserve to pay them back for the loan they gave us. Read the front top of your dollar bills, does it say ‘United States Note,’ no it says ‘Federal Reserve Note.’ You be the judge. We are loosing our rights. Wake up America, before it is too late. We must enforce our Constition and its laws. Let’s bring our government back to the real America.

    • olde reb

      It is the 12 FR banks that the courts have declared–for the issues before the court–are privately owned corporations with commercial banks as shareholders. It is the Board of Governers incorporated as a separate legal entity that projects the guise of a government entity. However, the BOG does not comport with the parameters the courts have outlined for an “agency.” The shareholders (owners) of the BOG are unknown.

      The FRBNY handled $8.4 trillion from the auctions of Treasury securities and hid the profit from Congress. Hiding money due the government is a crime (5 years per count/auction). Ref. CRIMES OF THE FR, http://www.scribd.com/doc/62167283

  • olde reb

    I suspect the police involved are employed by the Fed–not the city. The Fed has their own cops.

  • olde reb

    The Fed will confiscate the entire wealth of a nation to benefit the “financiers.” Ask Greece.

    The mathematical analysis of how the Ponzi scheme Fed profits each dollar of inflation (up to $8.4 trillion in 2010) RIP OFF BY THE FEDERAL RESERVE is at 3w scribd dot com slash doc slash 49040689 and on other sites. CRIMES OF THE FED for hiding the profit that belongs to the government is scribd 62167283

  • 45caliber

    Just a note.

    The Federal Reserve MAKES all our money. They are SUPPOSED to make only the amount the government tells them to do. However, Ron Paul and others believe that they are actually making billions more that are then flown to Europe. They then use the dollars that cost them only printing costs, to “buy and sell” foreign currencies. This gives them billions more in profits. Since they also print most of the various foreign currencies at well, they can basically make sure they are the righest people in the world without any real effort to work for it. That is the reason that Paul wants an audit – to prove they are ripping off our country.

  • Everyday Politics

    Congress created the Federal Reserve and Congress can ABOLISH the Federal Reserve. The time is NOW.

  • Buck

    With this administration , ( snd many others ) , nothing belongs to the people , including there own personhood . YOU are the least important thing in their mind .

  • Jay

    The Federal Reserve is a private corporation. When Federal Reserve notes are printed they are loaned to the U.S. Treasury or the people. Notes that cost 2 cents each are printed by the Fed and loaned to the U.S. government at face value plus 8 1/2% interest compounded.

    The interest is collected each year by the IRS (Repo Man), also a private corporation controlled by the Federal Reserve. With a federal deficit of 4 trillion 8 hundred billion dollars so far, the interest is in the neighborhood of $200 Billion dollars, which is drained from the economy each year in the form of income taxes. The words “Federal Reserve Note” first appeared on our paper currency in 1933.

    It is common sense that if you are borrowing money from someone and you have to pay interest then where will the money come from to pay the interest ? If you have to borrow it then that creates more interest. Obviously, in this situation, there is no way out. However, coins are minted by the U.S. treasury and they are worth their face value as currency. There is a clause written into the agreement that provides us with the option to buy back the right to issue our own currency.

    The solution to the problem of the National Debt is to coin a 4 trillion dollar coin and use it to pay off the Federal Reserve. It would have to be accepted and it could even be made out of copper nickel clad. In 1963, President Kennedy passed an Executive Order calling for the printing of $450 Billion dollars in U.S. backed Debt-Free currency.

    Shortly after, he was killed and as soon as his successor, Lyndon Johnson took office, the first thing he did was suspend the executive order and the printing of the currency. If you look hard enough, you can find $2 bills from 1963 that say “United States Note” at the top instead of “Federal Reserve Note” (click image right). 1964 was the last year silver was used as the standard coin metal and coincidentally Kennedy’s face first appeared on the half-dollar. Now, 23 years later, silver is $5.00 per ounce instead of $1.

    If you still don’t see how this works, just realize that 23 years later, you now need 5 times as much money (work) to buy the same ounce of silver and 60 years later, after they removed the gold, we have to pay 20 times as much money for the same ounce of gold. ($400.00 / ounce).

    The moral of this little story is that we are being ripped off by the biggest “Sleight of Hand” money scam ever devised. There is a Masonic term for this kind of deception, they call it “Hoodwinked”. We are the sheep and we have had the wool pulled over our eyes.

    It may appear to be a grand conspiracy where you may think that everyone knows what’s going on, or you may say that it is impossible for everyone to work together on such a large scale for so long and so secretly, but the truth is that not everybody knows everything. Some people that are a part of the establishment only know a little and some don’t really have a clue, some just follow the money, but most that hold high degrees have a pretty good idea, if not a lot of knowledge about the inner workings of the conspiracy.

    Big name families like the Rockefellers and J.P. Morgan, even in their time, were not the main financial powers in America. They were highly paid agents, front-men and spokespeople. Henry Ford resigned from the Ford Foundation citing an inability to maintain control over affairs. The Rockefeller foundation ties into and controls the American Medical Association and the public educational system through textbook publishing.

    The Rockefeller family got started with the help of the Harriman family, the Whitney’s (Eli Whitney’s family) and Standard Oil of New York (SONY), now Exxon. They have a lot of influence, even today.

    All of the founding fathers of this nation were Masons as well as almost all of the presidents. The building of early American colonies as well as the American Revolution would not have been possible if it were not for a very special plant.

    The Cannabis / Hemp plant was used throughout the world since the beginning of time for just about everything that mankind needed. Paper made from hemp was used for books, bibles, maps, and money.
    You can produce 4 times as much paper from an acre of hemp as you can from an acre of trees at 1/4 the cost, 1/5 the pollution, it is 10 times stronger and lasts up to 1000 years instead of only 50.
    And it can be recycled 4 times as many times as paper from wood pulp. The Constitution was printed on hemp paper as well as the first 3 drafts of the Declaration of Independence. Even great sailing ships like the U.S.S. Constitution were made primarily out of hemp. Hemp is the STRONGEST natural fiber on the planet.

    Hemp is 26 times stronger than cotton and 10 times longer lasting. The first Levi jeans were made out of hemp as well as all of the soldier’s clothes for the Revolutionary War. It requires no chemicals to grow, has very few natural enemies, and grows in the widest variety of climates of any weed or plant. It is also the FASTEST GROWING plant on the planet, growing 4 times faster than corn. The seeds from the hemp plant provide the highest source of complete vegetable protein of any food source on earth. Even higher than soybeans.

    It has also been re-realized lately that the hemp seed is the highest source of Essential Fatty Acids in the world. ESSENTIAL, meaning: NECESSARY FOR LIFE, Fatty Acids are necessary for us and beneficial for cleaning the cholesterol out of the arteries naturally. All oils in the supermarket are bad since they are placed in clear plastic containers and exposed to direct sunlight.

    They become as bad as saturated fats, and end up CAUSING cholesterol buildup, leading to heart attacks, etc. Hemp seed oil can even be used as a machine-grade lubricant for engines and other machines replacing petroleum oil from the ground.

    Henry Ford built his Ford Model-T using hemp to line the side panels. The impact strength was 10 times stronger than steel alone. This would eliminate many vehicular deaths today. The Model-T was also designed to run on hemp fuel which Henry Ford grew.

    http://www.bibliotecapleyades.net/biggestsecret/icke_secrethistoryamerica.htm

  • wayne Hales

    With all this money that the FED steals from us, it finances the International Monetary Fund (IMF), the World Bank and the Bank for International Settlements and that finances the Globalists NEW WORLD ORDER. If we abolish the Federal Reserve Bank (cut off the head of the snake) that would stop the Globalist NEW WORLD ORDER in its tracks and all America would get a raise or we could pay off the National Debt in no time. The FED is a private company and does not have our best interest at heart. It is owned and operated by the Globalist International Banking system. Remember the Wall Street Gang is financed and supported by that same private company called the FEDERAL RESERVE SYSTEM. It is a private corporation run by the Globalist NEW WORLD ORDER gangsters. If we cut the head off of the snake (The FED), this would take care of all the Mega Banks. The FED also finances them.

    Google: “U.S. Rep. Louis T. McFadden and the Federal Reserve” and get the true story behind the Federal Reserve System. Congressman McFadden is emphatic in his position that the FEDERAL RESERVE BANK is the most corrupt corporation the World has ever seen.

    As to Romney he just about 5 days ago received 2 ½ million dollars from Wall Street Bankers for his election campaign. Mr. Romney can be compromised and will be beholden to these same Wall Street crooks that the Occupy Wall Street people are protesting about. Mr. Romney is for the Global Warming Taxes for the Globalist New World Order which is a fraud. And Mr. Romney has indicated he will continue the Unconstitutionality of the Federal Reserve System. With Romney we will get shafted just like we are getting shafted with Obama. There is only one candidate to vote for if you want freedom (Liberty) and that is Ron Paul. He wants an audit of the Federal Reserve Bank and eventually get rid of it. Since no money collected by the IRS goes to the government, (it is endorsed over by the IRS to the Federal Reserve Bank) he wants to abolish the IRS (the Income tax). We do not need it if we the Congress create our own money at Zero (0%) Interest (Usury) cost. At present when the Gov. wants money to run the country, it borrows it from the same Federal Reserve Bank. What we all need to do both Liberals and Conservatives or Dems and Tea partiers is to come together on this one issue, stand together and defeat and get rid of the Federal Reserve System and abolish the FED which is undeniably the core problem of all our problems. This is surely one thing we can all agree on can we not?

  • James

    The U.S. Congress passed the Federal Reserve Act in 1913. This placed control of the U.S. money supply in the hands of private banking families with international ties. However, even today, most Americans think of the Federal Reserve System (nodoubt from its title) as an agency of the Federal Government.
    For example, John L. Lewis (not the old labor boss) was injured on July 27, 1979, by a vehicle owned by the Federal Reserve Bank of San Francisco. Assuming the U.S. Government was responsible, he sued the United States for damages (under the Federal Tort Claims act) in a federal District Court. The United States moved to dismiss for lack of jurisdiction, which the court granted, stating a “Federal Reserve Bank is not a federal agency.” Incredulous, Lewis appealed (Lewis v. United States, 680 F.2d 1239, CA9, 1982), but the Ninth Circuit Court of Appeals, affirmed. At p. 1241, Judge Poole said:

    “We conclude that the Reserve Banks are not federal instrumentalities for purposes of the FTCA, but are independent, privately owned and locally controlled corporations.”

    Also, Federal Reserve Banks are not listed under “U.S. Government” offices in any phone book, their employees are not civil servants, and they have no government franking privileges. However, and contrary to other non-governmental corporations, 12 U.S.C. 531 – Exemption from Taxation, reads: “Federal Reserve Banks, including the capital stock and surplus therin, and the incomed derived therefrom shall be exempt from Federal, State, and local taxation, except taxes upon real estate.”
    A few days before the Federal Reserve Act was enacted, Senator Henry Cabot Lodge wrote a letter to Senator Weeks and had it published in the Congressional Record. It reads in part:

    “My Dear Senator Weeks: The Powers vested in the Federal Reserve Board seem to me highly dangerous. …The bill as it stands seems to me to open the way to a vast inflation of the currency. …I cannot vote for it as it stands, because it seems to me to contain features and to rest upon principles in the highest degree menacing to our prosperity, to stability in business and to the general welfare of the people of the United States.”

    The Federl Reserve Bill was presented to President-elect Woodrow Wilson in 1912, which was then passed on December 23, 1913, with barely enough congrssmen present to constitute a quorum. The Bill originate on Jekyll Island, Georgia (1910-1912) at meetings of private bankers. (Jekyll Island was then owned by the bankers who wrote the Bill.) Executives representing the banks of J.P. Morgan, Rockfeller, and Kuhn, Loeb & Co. were there, as was Senate Republican Leader Nelson Aldrich.
    Paul Warburg (of Kuhn, Loeb & Co.) directed the proceedings and designed the primary features of the Bill. Another bank Executive, Frank Vanderclip (President of National City Bank of New York) in his autobiography of 1935 (“From Farm Boy to Financier”) stated:

    “I was as secretive, indeed I was as furtive as any conspirator. Discovery, we knew, simply must not happen, or else all our time and effort would have been wasted. If it were to be exposed tht our particular group had got together and written a bank bill, that bill would have no chance whatever of passage by Congress. …I do not feel it is any exaggeration to speak of our secret expedition to Jekyll Island as the occasion of the actual conception of what eventually became the Federal Reserve system.”

    In that Federal Reserve System, no money may come into existence without it being borrowed at interest, the rate of which is at the discretion of the Federal Reserve Board.

  • Glen Xx

    People Get the name correct, it is the Fraudulent Reserve Bank,

    or the Fraud for short. Never elevate it with the word federal.

  • meteorlady

    The Federal Reserve is the implement the US Government uses when the DEBT becomes unmanageable. They print more money in order to devalue the currency and that makes it easier for them to finance more DEBT. This is a form of hidden tax on every man, woman and child in this country. It causes inflation and makes our dollars worth less and less.

    Here’s the really good part (for the banks and Wall Street)… when the Fed prints more money it gets to the bank and Wall Street and is worth $1.00. Once the money is distributed and more dollars get into circulation the money starts to devalue. That leaves the banks with a tidy profit while you and I pay the hidden tax.

    I read somewhere that since Obama took office our dollar has been devalued by about 17%. That means we have all paid a tax of 17% whether we wanted to or not.

  • cindy sykes

    I am reading all these comments. Do what I am doing, sit on your front porch like I am doing have a good stiff drink and say screw it

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