Federal Reserve Bank is Destroying America

The Federal Reserve was created in 1913-1914 in order to bring stability to the economy and yet almost every major crash, including the great depression, can be attributed to the Federal Reserve. Who owns the Federal Reserve? According to their own website: "The Federal Reserve System is not "owned" by anyone and is not a private, profit-making institution. Instead, it is an independent entity within the government, having both public purposes and private aspects. As the nation's central bank, the Federal Reserve derives its authority from the U.S. Congress. It is considered an independent central bank because its decisions do not have to be ratified by the President or anyone else in the executive or legislative branch of government, it does not receive funding appropriated by Congress, and the terms of the members of the Board of Governors span multiple presidential and congressional terms." THAT STATEMENT IS A LIE!

From 1837-1862 there was a system of national banks in America, but then in 1913-1914 a consortium of 12 privately held banks got together and formed the Federal Reserve Bank, AN ENTITY THAT IS NOT PART OF THE U.S. GOVERNMENT. These banks then purchased notes from the US Mint for printing costs and lent them out through member banks charging interest. The Federal Reserve came into being after its supporters paid for the Presidential campaign of President Woodrow Wilson. Wilson signed the bill that transferred the US currency to twelve regional private banks Wilson regretted his decision later saying:

“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world. No longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men.”

In 1933 President Roosevelt confiscated citizens gold and handed it to the Federal Reserve. At the very moment when Americans have needed to protect their wealth the most, the best store of wealth ever created, gold, was confiscated from American citizens and given to a un-elected conglomerate of private banks.

Why do they lie about their structure as a private corporation and what is the Federal Reserve and who owns it? "Some people think that the Federal Reserve Banks are United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders." – The Honorable Louis McFadden, Chairman of the House Banking and Currency Committee in the 1930s. Here are the facts:

1. The Fed is privately owned. Its shareholders are private banks. In fact, 100% of its shareholders are private banks. None of its stock is owned by the US government. Who really owns the Federal Reserve and the United States?

The Rothschilds, the Bank of England, and the London banking houses which ultimately control the Federal Reserve Banks through their stock holdings of bank stock and their subsidiary firms in New York. The two principal Rothschild representatives in New York, J. P. Morgan Co., and Kuhn, Loeb & Co. were the firms which set up the Jekyll Island Conference at which the Federal Reserve Act was drafted, who directed the subsequent successful campaign to have the plan enacted into law by Congress, and who purchased the controlling amounts of stock in the Federal Reserve Bank of New York in 1914. These firms had their principal officers appointed to the Federal Reserve Board of Governors and the Federal Advisory Council in 1914. In 1914 a few families (blood or business related) owning controlling stock in existing banks (such as in New York City) caused those banks to purchase controlling shares in the Federal Reserve regional banks. Examination of the charts and text in the House Banking Committee Staff Report of August, 1976 and the current stockholders list of the 12 regional Federal Reserve Banks show this same family control.

Why hasn’t the Federal Reserve been disbanded?

The Rothschild Brothers of London said in 1863; “The few who understand the system, will either be so interested from it’s profits or so dependent on it’s favors, that there will be no opposition from that class.”

The great Henry Ford once said “It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”

2. The fact that the Fed does not get "appropriations" from Congress basically means that it gets its money from Congress without congressional approval, by engaging in "open market operations."

3. The Federal Reserve generates profits for its shareholders.

The great Thomas Jefferson warned about such a system centuries before: “If the American people ever allow private banks to control the issue of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their fathers conquered.” Jefferson also said, “I sincerely believe the banking institutions having the issuing power of money are more dangerous to liberty than standing armies.” “Paper is poverty… it is only the ghost of money, and not money itself.”

There are 12 Federal Reserve Banks and the following "ownership chart" was published in 1976 and is one of several being shown as an example of foreign and corporate ownership of our country's financial system. I'm sure many will recognize some very familiar names such as Brown Brothers Harriman, J.P. Morgan, Rockefeller, etc.

CHART 1

N.M. Rothschild , London - Bank of England
______________________________________
| |
| J. Henry Schroder
| Banking | Corp.
| |
Brown, Shipley - Morgan Grenfell - Lazard - |
& Company & Company Brothers |
| | | |
--------------------| -------| | |
| | | | | |
Alex Brown - Brown Bros. - Lord Mantagu - Morgan et Cie -- Lazard ---|
& Son | Harriman Norman | Paris Bros |
| | / | N.Y. |
| | | | | |
| Governor, Bank | J.P. Morgan Co -- Lazard ---|
| of England / N.Y. Morgan Freres |
| 1924-1938 / Guaranty Co. Paris |
| / Morgan Stanley Co. | /
| / | \Schroder Bank
| / | Hamburg/Berlin
| / Drexel & Company /
| / Philadelphia /
| / /
| / Lord Airlie
| / /
| / M. M. Warburg Chmn J. Henry Schroder
| | Hamburg --------- marr. Virginia F. Ryan
| | | grand-daughter of Otto
| | | Kahn of Kuhn Loeb Co.
| | |
| | |
Lehman Brothers N.Y -------------- Kuhn Loeb Co. N. Y.
| | --------------------------
| | | |
| | | |
Lehman Brothers - Mont. Alabama Solomon Loeb Abraham Kuhn
| | __|______________________|_________
Lehman-Stern, New Orleans Jacob Schiff/Theresa Loeb Nina Loeb/Paul Warburg
- ------------------------- | | |
| | Mortimer Schiff James Paul Warburg
_____________|_______________/ |
| | | | |
Mayer Lehman | Emmanuel Lehman \
| | | \
Herbert Lehman Irving Lehman \
| | | \
Arthur Lehman \ Phillip Lehman John Schiff/Edith Brevoort Baker
/ | Present Chairman Lehman Bros
/ Robert Owen Lehman Kuhn Loeb - Granddaughter of
/ | George F. Baker
| / |
| / |
| / Lehman Bros Kuhn Loeb (1980)
| / |
| / Thomas Fortune Ryan
| | |
| | |
Federal Reserve Bank Of New York |
|||||||| |
______National City Bank N. Y. |
| | |
| National Bank of Commerce N.Y ---|
| | \
| Hanover National Bank N.Y. \
| | \
| Chase National Bank N.Y. \
| |
| |
Shareholders - National City Bank - N.Y. |
- ----------------------------------------- |
| /
James Stillman /
Elsie m. William Rockefeller /
Isabel m. Percy Rockefeller /
William Rockefeller Shareholders - National Bank of Commerce N. Y.
J. P. Morgan -----------------------------------------------
M.T. Pyne Equitable Life - J.P. Morgan
Percy Pyne Mutual Life - J.P. Morgan
J.W. Sterling H.P. Davison - J. P. Morgan
NY Trust/NY Edison Mary W. Harriman
Shearman & Sterling A.D. Jiullard - North British Merc. Insurance
| Jacob Schiff
| Thomas F. Ryan
| Paul Warburg
| Levi P. Morton - Guaranty Trust - J. P. Morgan
|
|
Shareholders - First National Bank of N.Y.
- -------------------------------------------
J.P. Morgan
George F. Baker
George F. Baker Jr.
Edith Brevoort Baker
US Congress - 1946-64
|
Shareholders - Hanover National Bank N.Y.
- ------------------------------------------
James Stillman
William Rockefeller
|
Shareholders - Chase National Bank N.Y.
- ---------------------------------------
George F. Baker

THE MONEY MASTERS VIDEO -- A REAL EYE-OPENER

THE MONEY MASTERS is a 3 1/2 hour non-fiction, historical documentary that traces the origins of the political power structure that rules our nation and the world today. The modern political power structure has its roots in the hidden manipulation and accumulation of gold and other forms of money. If you have any interest at all in how America has been uprooted from the inside out, you must watch this important video.



The development of fractional reserve banking practices in the 17th century brought to a cunning sophistication the secret techniques initially used by goldsmiths fraudulently to accumulate wealth. With the formation of the privately-owned Bank of England in 1694, the yoke of economic slavery to a privately-owned "central" bank was first forced upon the backs of an entire nation, not removed but only made heavier with the passing of the three centuries to our day. Nation after nation, including America, has fallen prey to this cabal of international central bankers.

"The powers of financial capitalism had a far-reaching plan, nothing less than to create a world system of financial control in private ... all » hands able to dominate the political system of each country and the economy of the world as a whole...Their secret is that they have annexed from governments, monarchies, and republics the power to create the world's money..."

NOTE: An important figure in the US/Nazi big business connection was Standard Oil of New Jersey, the Rockefellar-owned corporation that during the 1930s merged with IG. Farben, one of the major backers of Hitler's National Socialist Party and supplier of the infamous gas Cyklon B used in the extermination camps. Standard Oil (now Exxon) also owned the oil concessions in Saudi Arabia (later to be renamed Aramco). Other major players involved in the Nazi business connection include General Motors, Ford and ITT.

George Herbert Walker also worked with the company, as did E. Roland Harriman and Knight Woolley, in 1818) and with Harriman Brothers & Co.In 1924, Prescott Bush became vice-president of A. Harriman & Co. His father-in-law, Bush's Yale classmates and fellow Skull & Bones members. Seven years later, Bush became a partner of Brown Brothers Harriman & Co., which was created through the 1931 merger of A. Harriman & Co with Brown Bros. & Co. (a merchant bank founded in Philadelphia (established in New York in 1927).

The Bush regime is part of an unbroken link that extends back to the founding of Hitler’s National Socialist Party through the funding it received from Brown Brothers Harriman Banking, Prescott Bush's bank, and the subsequent link between this bank and Kellogg Brown and Root, now a subsidiary of Halliburton and its connections to Bush through the Rumsfeld/Cheney connection, in addition to their connection to Halliburton. Brown Brothers Harriman Bank owned Dresser Industries, one of the world’s largest oil drilling companies that in 1998, under urging from Dick Cheney was purchased by Halliburton in an $8.1 billion dollar deal. The link is complete. And yes, it is the same Brown in Brown and Root as the Brown Brothers Harriman Bank.

To summarize, a small group of key big business interests extending back over several generations runs the United States. If anyone doubts that, putting it down to wild ideas of a conspiracy, you have to be blind not see it now. That Bush’s wealth descends directly from backing the Nazi Party is incontrovertible and that the Bush family’s involvement in the trade in drugs and weapons as an intrinsic part of the 'war on communism', later to become the 'war on terror' that extends back thirty years is also a proven fact.

Unless we disband the Federal Reserve FAST, this country is lost. We have to act NOW!

SOURCES: THE LAWFUL PATH,
http://www.wakeupfromyourslumber.com/node/8191
GLOBAL RESEARCH
















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