The Biggest Problem Facing America: The Federal Reserve

The Federal Reserve is the cornerstone to all the problems facing America. It is a complete fraud and serves nobody but the bankers owning it. Our debt continues to rise and there is no realistic way to pay it off.

by Quinton on July 6th, 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.

Graph of United States (US) National Debt
Something tells me this exponential growth in debt is not healthy. Let's get some more credit cards America!
 Filed under: Banking / Economics, Federal Reserve System

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