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lquadland10 (< 20)

Who is the Fed and who owns it. Let us buy back the FED.



June 15, 2009 – Comments (4) | RELATED TICKERS: GLD , AUY , GS

First lets go with who owns the Fed.

After you read the link. Copy and Paste. Then we go to

More history on the Fed.

Article 1, section 8, of the Constitution reads:
The Congress shall have the Power.....To coin Money, regulate the Value thereof,.... 
Congress has no authority to delegate this responsibility to third parties.

As a show of audacity and control, the Federal Reserve Bank prints their Notes with the faces of Presidents who adamantly opposed having a private National Bank, and Presidents the bank either tried to or did kill.

There will never be world peace, there will never be economic stability, there will never be a free economy as long as these banksters control the worlds money supply. Their goal is to achieve a socialist one world government - a "New World Order", as is printed in Latin on their $1 Note.

Henry Ford once said "It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning".

Another artical on who owns the Fed.

More history.

Is it time we tax the Fed? In the nearly 100 years of the existence of the Fed, it has NEVER been audited and they don't pay income tax on the billions of dollars they take from us.According to Congressional record the U.S. Government can buy back the FED at any time for $450 million. That's about half the amount of money we pay them daily.

Do we have the most stupid and/or the most corrupt leaders in the world, or what? It seems their # 1 concern is getting re-elected, they seem to think nothing of shirking their responsibilities to the people  who elected them to their powerful prestigous high paying jobs.

It may be that you were never a big fan of John F. Kennedy, but you may see him in a different light after you learn how he took on the FEDS.  He had the foresight to see what a bad deal had been struck in the creation of the Federal Reserve. He also had the courage to do something about it.which unfortunately, may have cost him his life.

On June 4, 1963, President Kennedy signed a Presidential decree, Executive Order 11110.  This order virtually stripped the Federal Reserve Bank of its power to loan money to the United States Government at interest.  President Kennedy declared the privately owned Federal Reserve Bank would soon be out of business.  This order gave the Treasury Department the authority to issue silver certificates against any silver in the treasury.  This executive order still stands today. In less than five months after signing that executive order President Kennedy was assassinated on November 22, 1963.

Lincoln also took on the bankers and that brave bold step may also have cost him his life.

During the Civil War (from 1861-1865), President Lincoln needed money to finance the War for the North. The Bankers were going to charge him 24% to 36% interest. Lincoln was horrified and greatly distressed, and   he would not think of plunging his beloved country into a debt that the country would find impossible to pay back.

So Lincoln advised Congress to pass a law authorizing the printing of full legal tender Treasury notes to pay for the War effort. Lincoln recognized the great benefits of this issue. At one point he wrote: "... (we) gave the people of this Republic the greatest blessing they have ever had - their own paper money to pay their own debts..."

The Treasury notes were printed with green ink on the back, so the people called them "Greenbacks". Lincoln had printed 400 million dollars worth of Greenbacks (the exact amount being $449,338,902), money that he delegated to be created, a debt-free and interest-free money to finance the War. It served as legal tender for all debts, public and private. He printed it, paid it to the soldiers, to the U.S. Civil Service empoyees, and bought supplies for the war.

Lincoln was assassinated shortly after the war and Congress revoked the Greenback Law and enacted, in its place, the National Banking Act. The national banks were to be privately owned and the national bank notes they issued were to be interest-bearing. The Act also provided that the Greenbacks should be retired from circulation as soon as they came back to the Treasury in payment of taxes.

 Follow The Money!!!
When you follow the money you find there was no-one in the world who had a better reason to kill these two Presidents than the bankers. It seems inconceivable that anyone could still think there was no conspiracy in the assassination of JFK, especially when you consider the many people that were murdered or had suspicious deaths and who were associated in some way with Kennedy's assassination. Is this proof?  NO  Is this strong circumstantial evidence? YOU DECIDE Concern Without Action Is A Waste Of Time!! The Federal Reserve, United Nations, Council of Foreign Relations, Trilateral Commission, the Illuminati, the Bilderbergers and other elites of the hidden government are leading us into The New World Order and they are leading us fast. You are not going to like it when we get all the way there, and we are over half way there now.
Only we can save this Republic!!! We are a Republic Not a Democracy. All of this is my humble opinion gained by what I have read.  

So will we buy back the FED if the Congressional record is right?  According to Congressional record the U.S. Government can buy back the FED at any time for $450 million. That's about half the amount of money we pay them daily.

What does this have to do with stocks? Well like Cramer says you the king hancho. GS. 




4 Comments – Post Your Own

#1) On June 15, 2009 at 2:25 PM, chk999 (99.96) wrote:

You should read Lombard Street by Walter Bagehot. It explains the rationale behind fractional reserve banking and why you need a lender of last resort. It is also extremely well written.

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#2) On June 15, 2009 at 2:41 PM, tfirst (48.63) wrote:

The Fed needs abolished....President Woodrow Wilson said on his death bed that his biggest regret was shackling the American people with the never ending debt that is the Federal Reserve Bank...Gentlemen, the time for torches and pitchforks will soon arrive,,,,,

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#3) On June 15, 2009 at 2:59 PM, lquadland10 (< 20) wrote:

And to think it would only take a mere 450 million to get rid of the FED.

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#4) On June 15, 2009 at 3:00 PM, lquadland10 (< 20) wrote:

Thank you chk999 and tfirst. I will read Lombard Street.

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