Putting the Federal Back in the Federal Reserve by dquixote1217 ..... Conspiracy Forum
Date: 9/28/2008 11:34:40 PM ( 16 y ago)
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URL: https://www.curezone.org/forums/fm.asp?i=1266645
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The Great Depression was an engineered crisis much as the current one is. The agenda, now as then, is to sluff off the bad debts on the rest of us and divide up the spoils.
As long as we let the international bankers and NWO crowd control the Fed and our money supply, we will never have a healthy economy - just one that is propped up by paper money and engineered so that more and more true wealth gets in the hand of the elite few while the middle class is eroded unto extinction.
From "Putting the "Federal" Back in the Federal Reserve":
The Federal Reserve Act of 1913 was a major coup for the international bankers. They had battled for more than a century to establish a private central bank in the United States with the exclusive right to "monetize" the government’s debt; that is, to print their own money and exchange it for government securities or I.O.U.s. The Federal Reserve Act authorized a private central bank to create money out of nothing, lend it to the government at interest, and control the national money supply, expanding or contracting it at will. Representative Charles Lindbergh Sr. called the Act "the worst legislative crime of the ages." He warned prophetically:
"[The Federal Reserve Board] can cause the pendulum of a rising and falling
market to swing gently back and forth by slight changes in the discount rate, or cause violent fluctuations by greater rate variation, and in either case it will possess inside information as to financial conditions and advance knowledge of the coming change, either up or down.
"This is the strangest, most dangerous advantage ever placed in the hands of a special privilege class by any Government that ever existed. . . . The financial system has been turned over to . . . a purely profiteering group. The system is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people’s money.
In 1934, in the throes of the Great Depression, Representative Louis McFadden would go further, stating on the Congressional record:
"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. In that dark crew of financial pirates there are those who would cut a man’s throat to get a dollar out of his pocket; there are those who send money into states to buy votes to control our legislatures; there are those who maintain International propaganda for the purpose of deceiving us into granting of new concessions which will permit them to cover up their past misdeeds and set again in motion their gigantic train of crime.
"These twelve private credit monopolies were deceitfully and disloyally foisted upon this Country by the bankers who came here from Europe and repaid us our hospitality by undermining our American institutions."
."http://www.globalresearch.ca/index.php?context=va&aid=9673
DQ
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