Friday, August 10, 2012

100 years of the Federal Reserve Bank

Dollar Value

Since the Federal Reserve Bank's creation in 1913 the dollar has lost more than 96% of its value!

FACT: The Federal Reserve is a PRIVATE FOREIGN BANK that is designed to maximize profits for the elite international central bankers that own it.

FACT: When the United States Congress asked the Federal Reserve Bank where all the 3 TRILLION US DOLLAR bailout money went, the Federal Reserve Bank told the UNITED STATES Congress that they did not have to answer.

FACT: During the height of the Wallstreet Bailout money was lent to major firms such as Goldman Sachs at rates as low as 0.01 percent, essentially a free loan to the politically well-connected. Non-banks such as General Electric and Verizon Communications got Fed loans.

FACT: Banks partly owned by the Chinese government received billions in loans. We now know that at the peak of the crisis, the Fed even lent billions of dollars to a bank partially owned by the Bank of Libya.

FACT: The Fed lent 90 percent of its discount window of US Dollars to loans for foreign banks. Which meant the American Tax-Payer picked up the 3 Trillion Dollar tab for the whole world.  US Taxpayers, per US household now owe the FED $40,000.00 and counting.  As US Household tightened their belts, lost their houses and jobs, Wall Street and politically connected BANKS-Foreign and Domestic, benefited from their ties to the Fed and the United States Congress, it's President stood by and did nothing.

FACT: When the American public DEMANDED that Congress do something about the out of control FED. The result was a Private, For Profit Bank told the Most Powerful country in the world that it didn't have the power to compel it to transparency. In the face of this outrageous action Obama wants to give the Federal Reserve EVEN MORE regulatory power over virtually every sector of the U.S. economy, and would allow the U.S. government, in conjunction with the Fed, to take over any company they want if they feel that there is "a threat" to the financial system.

George Santayana famously said..."Those who forget  the past are condemned to repeat it." 

Robert D Anding III's addendum to this caveat is..." To their detriment, to our detriment, till madness ensues and darkness reigns..."

This has all happened before, none of this is new except the sheer disconnected madness that has taken hold of the once hallowed halls of American Politic.

Senator Andrew Jackson
Senator Andrew Jackson
FACT: in 1828, after 12 years during which the Second Bank of the United States, ruthlessly manipulated the American economy to the detriment of the people but to the benefit of their own money grabbing ends, the American people had not surprisingly had enough, and opponents of this bank nominated Senator Andrew Jackson of Tennessee to run for President.
To the dismay of the Rothschild Banking Family, Jackson wins the Presidency and makes it quite clear he is going to use his mandate to kill this bank at his first opportunity. He starts out during his first term in office, rooting out the bank’s many minions from government service. To illustrate how deep this cancer was rooted in government, in order to achieve this end he had to fire 2,000 of the 11,000 employees of the Federal Government. On his death bed President Andrew Jackson said "The greatest thing I ever did in my life was keeping the European centralized banks out of the United States. .

The Federal Reserve Bank is a deadly and terminal cancer on the United States of America. 

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