Quinton Posted: July 6, 2008 Rothschild says it best:
"I care not what puppet is placed on the throne of England to rule the Empire, ...The man that controls Britain's money supply controls the British Empire. And I control the money supply."Baron Nathan Mayer Rothschild
Most Americans have been tricked into thinking that the Federal Reserve is in place to help against money crises and inflation when this couldn't be further from the truth.
Origins
The Federal Reserve was originally planned by a small elite group of bankers, namely: J.P. Morgan, Nelson Aldrich and Paul Warburg to name a few. At the time this group of individuals controlled 1/6 of the world's money.
The group originally met in extreme secrecy in at Jekyll Island.
Who Really Owns The Federal Reserve
The BS Government answer:
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. However, the Federal Reserve is subject to oversight by Congress, which periodically reviews its activities and can alter its responsibilities by statute. Also, the Federal Reserve must work within the framework of the overall objectives of economic and financial policy established by the government. Therefore, the Federal Reserve can be more accurately described as "independent within the government."
The twelve regional Federal Reserve Banks, which were established by Congress as the operating arms of the nation's central banking system, are organized much like private corporations--possibly leading to some confusion about "ownership." For example, the Reserve Banks issue shares of stock to member banks. However, owning Reserve Bank stock is quite different from owning stock in a private company. The Reserve Banks are not operated for profit, and ownership of a certain amount of stock is, by law, a condition of membership in the System. The stock may not be sold, traded, or pledged as security for a loan; dividends are, by law, 6 percent per year.http://www.federalreserve.gov/pf/pf.htm
The Non-BS Answer:
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. Ins.
| 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
http://www.bibliotecapleyades.net/sociopolitica/esp_sociopol_fed07.htm
How come this isn't on the nightly news?
How The Federal Reserve Works
The Federal Reserve is funded by a group of international bankers that loan the American government its money with an interest rate. In order to pay off the debt and interest more money is required for the Federal Reserve. When the government needs more money the bankers simply loan more money. Once this simple pattern is understood it becomes pretty easy to see how this is a loosing battle and only one outcome is possible: DEBT. This system is basically sucking all the money out of American's pockets and putting it into the banker's pockets.
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| Something tells me this exponential growth in debt is not healthy. Let's get some more credit cards America! Full image > |
3 Comments
gbrother62568
Please look at the video clip located at:
http://www.youtube.com/watch?v=rYM4REN9Xxk
It is titled: Zeitgeist Debunked Again
Explain why it is wrong or inaccurate. I want to know the true facts. Arguing a point that is incorrect will destroy credibility.
Quinton
Thank you for the comment and video :). It's always nice to hear the other side.
I watched the video and would like to leave my comments on it, but first I want to do a bit more research so I can present as solid of an opinion as possible.
Quinton
He's a sharp guy, but I think he is missing some important concepts.
The Big Picture
I don't know all the details to the Federal Reserve and I'm sure not many do. What I do know, is that whether his points are true or not they are irrelevant.
First, it is perfectly normal and healthy for banks to collapse in a free market. That is the whole idea of capitalism. The markets will correct themselves. If a bank goes under so be it. That's part of business. They are going to have to do some hard work to get back on their feet. It's just work.
The problem is, most people think that it is not healthy for multiple banks to crash and if they do our whole system will collapse. Sure it will experience a temporary upset but there are so many reasons on why this is the free way to go, namely at least we will come out of this free. As you have now seen with the recent consolidation swipe a lot of our main banks were picked off by the government. Big government always ends in communism, socialism or anything else that enslaves the people. A once free nation just lost a huge piece of its freedom overnight.
He may be right about some of the details on the Federal Reserve, but it's irrelevant. All you have to do is look at our current economic government consolidation to know that something is not right.
The sad reality is, most people want the government to take care of them because nobody understands hard work anymore. We are like the spoiled rich kids that get everything handed to them and have no character or substance.
Some of his points
Lusitania
The sinking of the ship argument doesn't make sense. If they did wait 2 years that is almost the EXACT same model they used for 9/11 which led to Iraq. The invasion of Iraq was around 2 years after 9/11 and you're going to tell me those 2 events are not related? I mean it couldn't have been better timing and as anybody knows, it's all about slow changes with these boys.
Amero
He builds up the US dollar like it's the best. I'm not sure if he's aware of all the bank failures and all the banks being gobbled up by the government. I mean, all you have to do is open your eyes to see that this is exactly what is happening. The dollar is on its way out. They have been in secret long enough and now in order to go for the final stages they have to come out in the open, but fortunately if everything sucks bad enough people will be begging for the Amero to save them.
Aaron Russo not warning about 9/11
From listening to the Aaron Russo interview, it is of my understanding that they didn't tell him the details of 9/11. They told him a big event was going to happen and people were going to be searching through caves trying to find the people behind it. What was he supposed to make of this? Even if he did have all the details and told people would it matter? People are telling you that the US economy is collapsing and more government consolidation is coming in but he doesn't believe them. David Icke has been saying who's really running the show for years and nobody believes him. I don't see him on the news despite the warnings. People will believe whatever they want to believe. But as soon as it's too late it's people's fault for not warning anyone? Maybe it's the fault of the people for not listening.
And here are some people that did warn about 9/11: Bill Cooper, Alex Jones, David Icke and these people didn't even need to hear it from word of mouth. The evidence led them to it.
RFID
The technology is somewhat irrelevant. We already have the main concepts of RFID. Credit is credit, debt is debt. Nobody owns any hard assets anyway. It doesn't matter whether they use cards or RFID for the most part. And RFID is about more than just money and information on people.
Conclusion
I think he's right on some stuff and wrong on others. Overall, people are always going to disagree on some points and agree on others. I'm sure he didn't think everything Zeitgeist presented was incorrect.
I totally respect somebody actually doing some homework rather than just listening to what others say. Congrats to him for making the debunking video and doing some homework. If only we could get some Americans to do some homework ;).