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THE FEDERAL RESERVE SCAM

Submitted by Don Stacey
Nov. 22, 2005

I hope you will read this carefully. Most Americans don't realize that the Federal Reserve System is the THIRD central bank in America. The first two were thrown out. Through stealth and deceit, the current central bank was created in 1913. Presenting the bill for vote when many Congressmen were gone from Washington over Christmas, the Federal Reserve Act was enacted into law. It granted an absolute monopoly to a small group of wealthy and powerful men who now control our economy. It is no more "Federal" than Federal Express.

Imagine! They have an absolute monopoly, they create dollars out of thin air(it costs less than 3 cents to print a hundred dollar bill), they lend the newly created dollars at full face value and receive interest and principle repayment in full; they pay no income taxes and have never been audited! How is that for a sweet deal, taxpayer? I suspect that the Federal Reserve has stolen many trillions of dollars from Americans. When will we wake up?

Don Stacey


Beaver Cole - Kilgore, Texas

The paper money in your wallet contains these words: "Federal Reserve Note. This note is legal tender for all debts, public and private." Why does paper money not state that it is a note from the Treasury of the United States? The Federal Reserve is not the Treasury, it is a privately owned central bank. To put it in every day terms, it is a private corporation, which claims to provide a service to the people of the United States by furnishing the money which is used in our banking system.

The monetary system of the United States is in the hands of a few very wealthy and powerful individuals who control our economy. What this means is that the power of the Federal Reserve exceeds and supercedes that of our President and Congress. The Federal Reserve is not accountable to them. They have never published an annual report and their meetings are not reported to the press until six months after they have made a monetary decision.

WHO OWNS the Federal Reserve System? There has always been much speculation about who owns the Federal Reserve System. We don't mean the managers of the twelve Federal Reserve Banks, nor the members of the Federal Reserve Board who makes decisions in favor of the owners, nor those who sit in the Open Market Committee, which operates only through the New York Branch of the Federal Reserve. We mean the real owners of the Federal Reserve. This has been one of the best-kept secrets of all time, because the Federal Reserve Act of 1913 provided that the names of the owner banks must remain secret. However, R. E. McMaster, publisher of the newsletter The Reaper, asked his Swiss and Saudi Arabian contacts which banks hold controlling stock in the Federal Reserve System. The answer:
Rothschild Banks of London and Berlin
Lazard Brothers Bank of Paris
Israel Moses Seif Banks of Italy
Warburg Bank of Hamburg and Amsterdam
Lehman Brothers Bank of New York
Kuhn, Loeb Bank of New York
Chase Manhattan Bank of New York
Goldman, Sachs Bank of New York
The Federal Reserve has NEVER been audited, nor has the Federal Reserve EVER paid a single penny in taxes other than property tax. TRILLIONS upon TRILLIONS of TAX FREE DOLLARS have been laundered off the backs of the simple minded people under the income tax scheme for payment of the erroneous and fictitious National Debt owed to the Federal Reserve.

Why did Congress surrender it's obligation set forth by the Constitution to regulate and maintain our national monetary system? Does the Constitution allow Congress to delegate their responsibilities to the Federal Reserve? The Federal Reserve is no more FEDERAL than the Federal Express. It is a private banking cartel.

Why are Sovereign citizens of the states so willing to surrender their freedoms and liberties caused by unconstitutional acts such as Executive Orders, Income Tax, Sales Tax, War Powers, NAFTA, GATT, and a host of other communist goals? Are we brain dead? Have our brain cells quit talking to each other?

Abreviated references such as the FED, GATT, NAFTA, and WTO have become familiar to most Americans. The news media provide reports about free trade when there is a debate among politicians, but the details presented are usually scant. The public has not been given the complete and proper picture when it comes to these international agreements.

"We are grateful to The Washington Post, The New York Times, Time magazine, and other great publications whose directors have attended our meetings and respected their promise of discretion for almost forty years. It would have been impossible for us to develop our plan for the world if we had been subject to the bright lights of publicity during those years. But the world is now more sophisticated and prepared to march towards a world government. The supernational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries." - David Rockefeller, at a 1991 Bilderberger meeting.

On November 20, 1993, the Senate voted on a treaty called the North American Free Trade Agreement (NAFTA). The Senate approved it by a vote of sixty-one to thirty-eight, but a perplexing question lingers to this day. Since NAFTA was passed by less than two thirds of the Senate, how could it possibly be valid under the Constitution? After a long and heated discussion of pertinent issues, why was there no mention of this constitutional concern? Considering the fact that thirty-eight senators voted against NAFTA, and numerous high profile leaders sought the demise of the treaty, it would seem as if and all arguments would have been used in an attempt to defeat the measure.

Make no mistake that GATT, NAFTA, WTO, FEDS (Federal Reserve), and the alleged ratification of the 16th Amendment (imposing income tax), all form a conspiracy for ONE WORLD GOVERNMENT being implemented by the intellectual elite and world bankers.

The trend towards world government involves the quiet networking of thousands of individuals. If there is a conspiracy to establish a one world government, it has become an open one. Consider the title of H. G. Wells' book, The Open Conspiracy: Blue Prints for a World Revolution. The corporate elite reveal much about their plans, because they look at the people with contempt, having had their way for many years. President Nixon told The New York Times on November 10, 1972: "The average American is just like the child in the family." Averell Harriman said the American people wanted nothing better than to "go to the movies and drink Coke." In 1996, Ted Truner, head of CNN, said before an international forum: "The U.S. has got some of the dumbest people in the world. I want you to know that."

People attack the view that there is a conspiracy involving the wealthy and powerful to achieve world government. This is done because globalist advocates are unable to refute these claims. When the message can not be refuted, the messenger is attacked. Thomas Jefferson warned: "Single acts of tyranny may be ascribed to the accidental opinion of a day. But a series of oppressions, begun at a distinguished period, and pursued unalterably through every change of ministers, too plainly proves a deliberate systematic plan of reducing us to slavery."

"Nationhood as we know it will be obsolete; all states will recognize a single, global authority. National sovereignty wasn't such a great idea after all." - Strobe Talbott, former Deputy Secretary of State and Bill Clinton's Oxford roommate, in Time magazine, July 1992.

"It is the sacred principles enshrined in the United Nations Charter to which the American people will henceforth pledge their allegiance. - President George Bush, addressing the U.N. General Assembly, February 1, 1992.

WAKE UP AMERICA


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