Community | December 05, 2009 | 10 comments

FEDERAL RESERVE 101

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WhiteNoise
BERNANKE & STUFF : WHAT DA HOOPLA IS ALL ABOUT !

1913-present: UNITED STATES. That secret meeting but not a conspiracy of bankers and Senator Nelson Aldrich on Jekyll Island in 1910 bears fruit when the so-called U.S. Federal Reserve Board is formed. The first act to establish the Federal Reserve is drafted by international banker Paul Warburg of Kuhn, Loeb and sponsored by Aldrich, maternal grandfather of Nelson and David Rockefeller.

The Aldrich act is voted down but, just before Christmas 1913, when most Congressmen are conveniently absent, the Owens-Glass Bill is quickly passed, establishing the privately owned company which operates under the deceptive name of the Federal Reserve.

A very nice, multi-trillion dollar Hanukkah and Christmas present for the boys in the back room. The bill is duly signed by Woodrow "Making The World Safe for Bankers" Wilson who had agreed to do so prior to his election in return for massive campaign contributions from the boys.

Contrary to a carefully cultivated popular misconception, the “Fed” is not an agency of the U.S. federal government but is a privately owned company owned entirely by major commercial banking interests largely controlled by a few ultra wealthy families, the usual gang of suspects, in fact.

The identities of the shareholders of the company which creates and controls the American money supply is, as is only reasonable, kept secret from the American public. And, just as reasonably, much of the Fed's financial activity is legally exempt from scutiny or audit by the General Accounting Office (GAO). After all, what right do ordinary Americans have to know anything about the private company which issues all U.S. money and, for all practical purposes, controls the U.S. economy.

Some commentators state that the original shareholders of the Federal Reserve company were the Rothschilds' bank in London, the Lazard Brothers' bank of Paris, the Israel Moses Seif Bank of Italy, the Warburg Bank of Hamburg, London and Amsterdam, the Lehman Brothers Bank of New York, the Kuhn Loeb Bank of New York, the Rockefellers’ Chase Bank of New York and the Goldman, Sachs Bank of New York.
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10 comments // FEDERAL RESERVE 101

  • WhiteNoise
  • WhiteNoise
  • kennymotown
  • PressCore
    • 0
      PressCore  
    • kennymotown:

      Man, you are so right. This year I had to buy back an honest $20. for $1439. what is Constutionaly our right to own and spend-a $20. Gold double eagle back from the U.S. West Point mint, produced right here in New York. I admit it wasn't the same as the St. Gaudens double eagles which Theodore Roosevelt commissioned in 1907. This one was
      24 KT pure at .999 fine instead of 21.6 KT which had 10% Copper alloyed in with it to make it durable. (Gold is heavy element star dust from the 1st magnitude stars only occurring in the universe 11 Billion years ago) So if you think a mind is a terrible thing to waste, gold dust is even more too precious to waste considering all the modern idiots that substitute for intelligent humans. One look at what theose idiots have done to our money
      makes that painfuly obvious. And also, it was a high relief coin, to commemorate the only
      1 untra high relief St.Gaudens that was struck in 1907 that was never released for circulation. Due to digital tech not present a century ago, the West Point mint used solid Gold to stike a commemorative St.Gaudens in ultra high relief. They had to make it smaller, and thicker as a one troy oz blank to stike, And the contours are concave, with
      symbols on the rim. They used to mint Gold and Sil ver coins with milled and reeded edges, which were spectacular like the Morgan Silver Dollars. But, alas, the tragedy is
      that the bastards of 1913 sold us out to foreign banksters. And worse did so before they
      established an SEC and FDIC. So the rest, as they say is History. The bottom line ? I estimate I had to work to produce $1,100. of "legitimate" counterfeit bills, which are only 2% honest money, and 98% bogus money, to trade for honest money. (the heavy tonnage
      destroying the dies striking the coins wears them out quickly, so the actual value cost of
      producing coins with high art value ultra high cameo relief- as if they were medalions is actualy worth $334). But that's why the founding fathers wanted to limit the powers of the Federal Government to coining money-not foreigners "printing" it. They knew that the
      people who could be so easily corrupted were so foolish they wouldn't know bogus from bonus.

    • 2 years ago
  • WhiteNoise
    • 0
      WhiteNoise  
    • Image

    • “Conspiracy stuff' is now shorthand for unspeakable truth.” – Gore Vidal

      "How to get people to vote against their interests and to really think against their interests is very clever. It's the cleverest ruling class that I have ever come across in history. It's been 200 years at it. It's superb." - Gore Vidal

      "And on the most exalted throne in the world sits nothing but a man's arse." – Montaigne

    • 2 years ago
  • WhiteNoise
  • WhiteNoise
    • 0
      WhiteNoise  

    • GOOD CAPER THOUGH...

      FOLLOW THE MONEY THEY SAY ;)

      Elizabeth Warren: "We don't know where the 700 billion bailout went, its untraceable by design."

    • 2 years ago
  • WhiteNoise
    • 0
      WhiteNoise  
    • Image

    • AS FOR BERNANKE...

      “The real truth of the matter is, as you and I know, that a financial element in the larger centers has owned the government of the U.S. ever since the days of Andrew Jackson.” - President FDR (during the “Great Depression” on de facto Fascist rule in a letter to corporate monopoly charlatan “Colonel” Edward M. House, co-founder of the Council on Foreign Relations and political fixer for the ruling class. House also handled President Wilson. 11/21/ l933 from "F.D.R.: His Personal Letters”)

      “The minority, the ruling class at present, has the schools and press, usually the Church as well, under its thumb. This enables it to organize and sway the emotions of the masses, and make its tool of them.”
      - Doctor Albert Einstein (letter to Sigmund Freud 7/30/1932. 1879-1955)

      “We disapprove of slavery and the cost of the maintenance and upkeep of slaves. We prefer our English model in which we control the issuance of currency, and control of money, it allows us to control labor without the cost of maintaining it.”- Lord Baron Rothschild (private owner of the Bank of England. Quote 1849)

      “Some people think the Federal Reserve Banks are U.S. government institutions. They are not…The sack of the United States by the Fed is the greatest crime in history…The truth is the Fed has usurped the government. It controls everything here and it controls all our foreign relations. It makes and breaks governments at will.”- Congressman Louis T. McFadden (Chairman Banking & Currency Committee charging a private “FED” Corporation with conspiracy, fraud & treason, June 1932)

      "If liberty means anything at all, it means the right to tell people what they do not want to hear." - George Orwell

    • 2 years ago
  • PressCore
    • 0
      PressCore  
    • WhiteNoise:

      "Everything you want, right now" sounds more like Faust bargaining with Satan with the only thing he had of value. Maybe the idiots of 1913 who never saw the Trojan Horse of
      the Rothschilds, Bilderbergs, Morgans and Rockefellers coming should have asked themselves this question instead: "But at what price ?" I have a problem as the victim of the Racketeering of the ABC network through their Organized Crime originating affiliate WSYR9 TV/ Dan the Scam Cummings' & his gang broadcasting their Racketeering Conspiracy to violate my civil rights for profit that amounts to the same thing as the evil choice which Wilson and the Congress of 1913 made. Ie. They also sold something they didn't own, and couldn't own. They sold out their country, and all its future generations of people. As for the bogus TV Corporation, they are pirates whose Piracy R US corruption tells them they also can sell something they can't own-me. I had an interesting conversation with Dan the Scam Cummings back in May 1994. He gave me evidence that his mens rea is the intention to commit to unlimited Coercion to commit Slavery to dominate my life with his unlawful oppression. And to prevent my own self determination to escape his domination of my entire life. He openly advertises what amounts to bribery to accomplish his Racketeering. Coercion is always the m.o. of Slavery. Slavery is always the greater Felony than Piracy because they could not commit Piracy without having accomplished Slavery first. So what's being on all the USA's people over the past 96 years runs a close parallel course to the evil that's been foisted on me due to the official corruption permitting the Racketeerning that exists in the background. And has for 30 years. Their Trespass into my life involves 1st degree Stalking me in the areas of my Employment and Housing to perpetuate their Racketeering. Vermin will do anything for money, no matter how criminaly evil. The domination of a cartel of foreign banksters over the USA is what inspires the Corporate Fascism hyperaggression. WSYR understands that the FCC & new U.S. Attorney for the Northern District of N.Y. will be criminaly investigating them in 2010. The Racketeers always put on a big live public demonstration of their scofflaw Aggravated Harassment every St.Patrick's day. They have no legal leg to stand on. Despite their mind controll over empty headed idiots, those loosers won't be on the Grand Jury that Indicts them or the petit jury that convicts them. Dan Cummings and his gang are the equivalent of Faust in my legal case against them.

    • 2 years ago
  • WhiteNoise
    • 0
      WhiteNoise  
    • Image

    • The Federal Reserve company "creates" all of the U.S. money supply. In the absence of gold or anything else of any value, trillions of dollars are simply invented out of thin air and deemed to exist although they have no more substance, value or real worth than Monopoly money. Printed currency represents only a very small part of the created money. Most of the invented money exists these days only as magnetic impulses on discs in computers, although we all still have to pay hundreds of billions of dollars in interest to the boys in the back room on it.

      The imaginary "money" is lent at relatively low rates of interest by the Federal Reserve company to private banks who then lend the recently-invented "money" at higher rates of interest to governments, companies and individuals and they do it not once, not twice, but up to ten times over with the miracle of so-called fractional reserve banking. Yes, Virginia, they lend out the same non-existent money up to ten times over and charge interest every time they do it. And they rake in interest on every dollar of the invented money forever, decade after decade.

      The Federal Reserve company kicks back most of the profit IT makes on the scam to the federal government which creates the useful illusion that everything is kosher but that's just smoke and mirrors. The real profit is made at the level of the banks who get the invented money cheap from the Fed and then lend it out to government, business and consumers ten times over. Not one cent of those billions or trillions is kicked back to anyone other than the people who own the banks.

      It is a truly miraculous system and very, very profitable. If private individuals do exactly what the private banks of the "Fed" do, it is called counterfeiting.

      In addition to making vast fortunes on the invented money, the Federal Reserve gives the boys in the back room almost complete control over the U.S. economy. By increasing or decreasing the money "supply" the boys can inflate or deflate the value of the invented dollars at will. The long term trend is inflation which basically makes the money earned by ordinary Americans ever more worthless.

    • 2 years ago
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