Federal Reserve Bank

[rek]

The Federal Reserve Bank is a consortium of 9 banks with the Rothschilds at the head:

Rothschild Banks of London and Berlin

Lazard Brothers Banks of Paris

Israel Moses Seif Banks of Italy

Warburg Bank of Hamburg and Amsterdam

Lehman Brothers of NY

Kuhn, Loeb Bank of NY (Now Shearson American Express)

Goldman, Sachs of NY

National Bank of Commerce NY/Morgan Guaranty Trust (J. P. Morgan Bank - Equitable Life - Levi P. Morton are principal shareholders)

Hanover Trust of NY (William and David Rockefeller & Chase National Bank NY are principal shareholders)

TIME LINE OF THE FEDERAL RESERVE BANK

1791-1811: Rothschilds’ First Bank of the United States

1816-1836: Rothschilds’ Second Bank of the United States

1837-1862: Free Banking Era - no formal Central Bank through the efforts of President Andrew Jackson

1862-1913: System of National Banks through the efforts of President Andrew Jackson

1913-Current: Federal Reserve Act effects a consortium of privately held banks called the Federal Reserve Bank. The largest shareholders of the Federal Reserve Bank are the Rothschilds of London holding 57% of the stock which is not available for public trading

On May 23 1933, Congressman Louis T. McFadden brought impeachment charges against the members of the Federal Reserve Bank. A smear campaign against McFadden ensued and he was poisoned 3 years later.

GOVERNORS OF THE FEDERAL RESERVE BANK

1) Ben Shalom Bernanke: Chairman of the Board of Governors of Federal Reserve. Term ends 2020.

2) Donald L. Kohn: Vice Chairman of the Board of Governors of Federal Reserve. Term ends 2016.

3) Randall S. Kroszner: Member of Board of Governors of Federal Reserve.

4) Frederic S. Mishkin: Member of Board of Governors of Federal Reserve. Term ends 2014.

5) Alan Greenspan: Advisor to Board of Governors of Federal Reserve. Recent Chairman.

He who has the GOLD, makes the rules.......

[Bruce Nunnally]

Wikipedia also has an article here on the US Federal Reserve with additional information.

New facilities

In order to address problems related to the subprime mortgage crisis and United States housing bubble, three new tools have been created. The first new tool, called the Term Auction Facility, was added on December 12, 2007. It was first announced as a temporary tool[59] but there have been suggestions that this new tool may remain in place for a prolonged period of time.[60] Creation of the second new tool, called the Term Securities Lending Facility, was announced on March 11, 2008.[61] The main difference between these two facilities is that the Term Auction Facility is used to inject cash into the banking system whereas the Term Securities Lending Facility is used to inject treasury securities into the banking system.[62] Creation of the third tool, called the Primary Dealer Credit Facility (PDCF), was announced on March 16, 2008.[63] The PDCF was a fundamental change in Federal Reserve policy because now the Fed is able to lend directly to primary dealer's, which was previously against Fed policy.[64] The differences between these 3 new facilities is described by the Federal Reserve:[65]

The Term Auction Facility program offers term funding to depository institutions via a bi-weekly auction, for fixed amounts of credit. The Term Securities Lending Facility will be an auction for a fixed amount of lending of Treasury general collateral in exchange for OMO-eligible and AAA/Aaa rated private-label residential mortgage-backed securities. The Primary Dealer Credit Facility now allows eligible primary dealers to borrow at the existing Discount Rate for up to 120 days.

Some of the measures taken by the Federal Reserve to address this mortgage crisis haven't been used since The Great Depression[66]. The Federal Reserve gives a brief summary of what these new facilities are all about:[67]

As the economy has slowed in the last nine months and credit markets have become unstable, the Federal Reserve has taken a number of steps to help address the situation. These steps have included the use of traditional monetary policy tools at the macroeconomic level as well as measures at the level of specific markets to provide additional liquidity. The Federal Reserve's response has continued to evolve since pressure on credit markets began to surface last summer, but all these measures derive from the Fed's traditional open market operations and discount window tools by extending the term of transactions, the type of collateral, or eligible borrowers.

[Marika]

That's why I like Ron Paul. He wants to eliminate the Federal Reserve.

[Marika]

Although this video is a bit dated it's still interesting to watch. But, it's long, over 3 hours. It's an interesting history of the Federal Reserve.

[BodybyFisher]

So now I am confused, this article shows Bankers Trust Company, who I worked for as one of the top eight stockholders of the New York Fed. Bankers Trust Company was sold to Deutche Bank (germany), how does that work, now does a German Bank have stock in the New York Fed?

http://www.usagold.com/federalreserve.html

[Marika]

So now I am confused, this article shows Bankers Trust Company, who I worked for as one of the top eight stockholders of the New York Fed. Bankers Trust Company was sold to Deutche Bank (germany), how does that work, now does a German Bank have stock in the New York Fed?

http://www.usagold.com/federalreserve.html

There are a lot more German bankers around than just Deutche Bank. The Rothschild's are also German.

[Marika]

Another educational video that teaches Monetary Theory. This one is shorter, about 50 minutes, and very interesting.

[Marika]

The Founding Fathers of the USA would NEVER have stood by and allowed to happen what is happening today. They would have been running around blowing politician's and bankers heads off for sure.

What happens next is that our incomes taxes will go up, which will leave Americans with even LESS money to spend into the economy. This will cause the economy to slow even further bringing us closer to a complete collapse. You can also expect that the money in social security will be drained, again, leaving Americans with nothing. History repeats itself and our crooked politicians, on BOTH sides of the aisle, will walk away from it smiling and slapping each other on their backs since they of course will still retire on full pay and have all the money donated to them by the big business, finance, insurance and real estate sectors.

[Marika]

It would be nice if our government could turn around, look the Federal Reserve in the eye and say to them, "Sorry, we can't pay you back". Then use our military to blow up the Federal Reserve building and toss all the bankers into jail or send them back to Europe. But alas, to dream....

[rek]

"The Rothschild's are also German. " Not so...."Rothschild (variant: Rothchild) is a German surname. It is a habitational name from a house distinguished with a red sign (Middle High German rot (or roth)= "red" + schild = "sign", "shield")"

"Mayer Amschel Bauer was born in Frankfurt-On-The-Main in Germany in 1743. He was the son of Moses Amschel Bauer an itinerant money lender and goldsmith who, tiring of his wanderings in Eastern Europe, decided to settle down in the city where his first son was born. He opened a shop, or counting house, on Judenstrasse. Over the door leading into the shop he placed a large Red Shield.

At a very early age Mayer Amschel Bauer showed that he possessed immense intellectual ability, and his father spent much of his time teaching him everything he could about the money lending business, and the lessons he had learned from many sources. The older Bauer originally hoped to have his son trained as a Rabbi but the father's untimely death put an end to such plans.

A few years after his father's death Mayer Amschel Bauer went to work as a clerk in a bank owned by the Oppenheimers in Hannover. His superior ability was quickly recognized and his advancement within the firm was swift. He was awarded a junior partnership.

Shortly thereafter he returned to Frankurt where he was able to purchase the business his father had established in 1750. The big Red Shield was still displayed over the door. Recognizing the true significance of the Red Shield (his father had adopted it as his emblem from the Red Flag which was the emblem of the revolutionary minded Jews in Eastern Europe), Mayer Amschel Bauer changed his name to Rothschild; in this way the House of Rothschild came into being."

search: rothschild dynasty

M, Ron Paul made a LOT of sense. He wanted to get rid of the fed governors. Had he been elected, I'm afraid he would have been given the JFK exit.

[Marika]

"The Rothschild's are also German. " Not so...."Rothschild (variant: Rothchild) is a German surname. It is a habitational name from a house distinguished with a red sign (Middle High German rot (or roth)= "red" + schild = "sign", "shield")"

"Mayer Amschel Bauer was born in Frankfurt-On-The-Main in Germany in 1743. He was the son of Moses Amschel Bauer an itinerant money lender and goldsmith who, tiring of his wanderings in Eastern Europe, decided to settle down in the city where his first son was born. He opened a shop, or counting house, on Judenstrasse. Over the door leading into the shop he placed a large Red Shield.

At a very early age Mayer Amschel Bauer showed that he possessed immense intellectual ability, and his father spent much of his time teaching him everything he could about the money lending business, and the lessons he had learned from many sources. The older Bauer originally hoped to have his son trained as a Rabbi but the father's untimely death put an end to such plans.

A few years after his father's death Mayer Amschel Bauer went to work as a clerk in a bank owned by the Oppenheimers in Hannover. His superior ability was quickly recognized and his advancement within the firm was swift. He was awarded a junior partnership.

Shortly thereafter he returned to Frankurt where he was able to purchase the business his father had established in 1750. The big Red Shield was still displayed over the door. Recognizing the true significance of the Red Shield (his father had adopted it as his emblem from the Red Flag which was the emblem of the revolutionary minded Jews in Eastern Europe), Mayer Amschel Bauer changed his name to Rothschild; in this way the House of Rothschild came into being."

search: rothschild dynasty

M, Ron Paul made a LOT of sense. He wanted to get rid of the fed governors. Had he been elected, I'm afraid he would have been given the JFK exit.

Yes, the Bauer family is German and they took the name of Rothschild. But in any case, their DNA haplogroup is J2 which puts their ancient ancestry in the area of Italy and France. Regardless, these are people who no matter how rich, it's never enough and they are enslaving the entire world, or at least trying to.

It wouldn't be the first time the Federal Reserve and the international bankers was behind the assassination of a politician and it certainly won't be the last time. I'm not sure when their Charter expires but Congress should think very seriously about renewing their Charter. If you watched that three hour video above, you couldn't help but notice the similarities between past history and the present day problems. Ron Paul wants to abolish the Federal Reserve, not just get rid of its governors.

[rek]

" Ron Paul wants to abolish the Federal Reserve, not just get rid of its governors. "

I know....Who do you think governs the US...

[Marika]

" Ron Paul wants to abolish the Federal Reserve, not just get rid of its governors. "

I know....Who do you think governs the US...

I know, the Federal Reserve, its appointed governors who take their orders from the European and world banks. So basically, it goes like this: not only do the American people generously give their tax dollars to other countries to help them, but our tax dollars are being stolen by the European and world banks/bankers. It's a lose/lose situation. I would love to see this government turn around and tell the "Fed", sorry, we can't pay you....

[WarrenJ]

Ron Paul made a LOT of sense. He wanted to get rid of the fed governors. Had he been elected, I'm afraid he would have been given the JFK exit.

Ron Paul made a LOT of sense? Yeah, NONSENSE!

Ron Paul wanted to rid the U.S. of the Federal Reserve Bank. What an atrociously, incredibly STUPID IDEA!

Imagine . . . Congress in charge of the money supply?

'Nuff said?

Geeze!!

[WarrenJ]

Here's what happens when your Congress controls your money supply:

"Just a week after the introduction of a 100 billion-dollar Zimbabwean note - still not enough to buy a loaf of bread."

http://www.huffingtonpost.com/2008/08/06/z...n_n_117321.html

[Marika]

Here's what happens when your Congress controls your money supply:

"Just a week after the introduction of a 100 billion-dollar Zimbabwean note - still not enough to buy a loaf of bread."

http://www.huffingtonpost.com/2008/08/06/z...n_n_117321.html

Warren,

The Idea of getting rid of the Federal Reserve is based on the notion that the United States should not have to pay interest on borrowing its own money. At this point, our money is already worthless since 95% of the money in circulation is money from debt. The Constitution says the USA has the right to print money, so why are we borrowing it and paying interest? The government is in ever spiraling debt not so much because of the money it spends but because of all the interest it has to pay to a PRIVATE BANK, the Federal Reserve, for the use of that money. This translates into income taxes for everyone and higher income taxes. I'll tell you right now, after this election, no matter who gets in, expect your income taxes to go WAY up. This most recent bailout, which won't be the last one, is going to cost the taxpayers dearly. As for Congress controlling the money, they already do that since they vote on a budget every year and our Treasury already prints it anyway. We just have that shady middle-man, the "Fed" in the middle of the process loaning us our own money at interest.

[Marika]

Another good video to watch. I was also trying to find "Maxed Out" on the web but so far, no luck, so if you can rent the DVD somewhere it's well worth watching.

[WarrenJ]

Here's what happens when your Congress controls your money supply:

"Just a week after the introduction of a 100 billion-dollar Zimbabwean note - still not enough to buy a loaf of bread."

http://www.huffingtonpost.com/2008/08/06/z...n_n_117321.html

Warren,

The Idea of getting rid of the Federal Reserve is based on the notion that the United States should not have to pay interest on borrowing its own money. At this point, our money is already worthless since 95% of the money in circulation is money from debt. The Constitution says the USA has the right to print money, so why are we borrowing it and paying interest? The government is in ever spiraling debt not so much because of the money it spends but because of all the interest it has to pay to a PRIVATE BANK, the Federal Reserve, for the use of that money. This translates into income taxes for everyone and higher income taxes. I'll tell you right now, after this election, no matter who gets in, expect your income taxes to go WAY up. This most recent bailout, which won't be the last one, is going to cost the taxpayers dearly. As for Congress controlling the money, they already do that since they vote on a budget every year and our Treasury already prints it anyway. We just have that shady middle-man, the "Fed" in the middle of the process loaning us our own money at interest.

Congress doesn't control the money supply. The total money supply is almost flat over the last year. You could look it up.The interest we pay to the PRIVATE BANK is a measure of the amount of insurance we pay to keep the Congress out of the money creation equation. It's worked in taxpayer's favor for decades.

When it occurs, Congress will be responsible for higher taxes; not the Federal Reserve.

When the Fed devalues our currency it will be as a result of the actions of Congress.

The Fed inflates our currency a little bit each year for one reason only: to give it "wiggle room" if a depression appears on the horizon. It's worked well for many decades. The interest rate we pay to the Fed reflects this with a little profit. Trashing the Federal Reserve would leave us open to wild currency swings and the mercy of Congress. What a nightmare.

Regards,

Warren

[WarrenJ]

The government is in ever spiraling debt not so much because of the money it spends but because of all the interest it has to pay to a PRIVATE BANK, the Federal Reserve, for the use of that money.

And where does that Federal Bank get ITS money? Well, it borrows it from other world governments.

Does it comfort you to know China has several $100 billions of U.S. Treasury notes? Some estimate it as close to $1 trillion. Not sure I believe that, but they could obviously sink our economy in a flash just by selling U.S. dollars.

Of course, it would sink their economy, but at some point they might have an economic advantage over us. Do you trust them to act in our best interests?

Between 2010-2015, due to the Shuttle shutdown, the U.S. will not have space launch capability. We'll be entirely dependent on our Russian friends with whom we are not quite currently friendly. Do you trust them to act in our best interests?

These are things that are the result of our politicians working in their own interests rather than ours.

[Marika]

Here's what happens when your Congress controls your money supply:

"Just a week after the introduction of a 100 billion-dollar Zimbabwean note - still not enough to buy a loaf of bread."

http://www.huffingtonpost.com/2008/08/06/z...n_n_117321.html

Warren,

The Idea of getting rid of the Federal Reserve is based on the notion that the United States should not have to pay interest on borrowing its own money. At this point, our money is already worthless since 95% of the money in circulation is money from debt. The Constitution says the USA has the right to print money, so why are we borrowing it and paying interest? The government is in ever spiraling debt not so much because of the money it spends but because of all the interest it has to pay to a PRIVATE BANK, the Federal Reserve, for the use of that money. This translates into income taxes for everyone and higher income taxes. I'll tell you right now, after this election, no matter who gets in, expect your income taxes to go WAY up. This most recent bailout, which won't be the last one, is going to cost the taxpayers dearly. As for Congress controlling the money, they already do that since they vote on a budget every year and our Treasury already prints it anyway. We just have that shady middle-man, the "Fed" in the middle of the process loaning us our own money at interest.

Congress doesn't control the money supply. The total money supply is almost flat over the last year. You could look it up.The interest we pay to the PRIVATE BANK is a measure of the amount of insurance we pay to keep the Congress out of the money creation equation. It's worked in taxpayer's favor for decades.

When it occurs, Congress will be responsible for higher taxes; not the Federal Reserve.

When the Fed devalues our currency it will be as a result of the actions of Congress.

The Fed inflates our currency a little bit each year for one reason only: to give it "wiggle room" if a depression appears on the horizon. It's worked well for many decades. The interest rate we pay to the Fed reflects this with a little profit. Trashing the Federal Reserve would leave us open to wild currency swings and the mercy of Congress. What a nightmare.

Regards,

Warren

History doesn't support your assertions Warren. Unfortunately, you and I will just have to agree to disagree.

[Marika]

But here's a bright light at the end of the tunnel, sent to me by a dear friend in England.

If you had purchased £1000 of Northern Rock shares one year ago it would now be worth £4.95, with HBOS, earlier this week your £1000 would have been worth £16.50, £1000 invested in XL Leisure would now be worth less than £5, but if you bought £1000 worth of Tennents Lager one year ago, drank it all, then took the empty cans to an aluminium re-cycling plant, you would get £214. So based on the above statistics the best current investment advice is to drink heavily and re-cycle.......... :lol:

[WarrenJ]

But here's a bright light at the end of the tunnel, sent to me by a dear friend in England.

If you had purchased £1000 of Northern Rock shares one year ago it would now be worth £4.95, with HBOS, earlier this week your £1000 would have been worth £16.50, £1000 invested in XL Leisure would now be worth less than £5, but if you bought £1000 worth of Tennents Lager one year ago, drank it all, then took the empty cans to an aluminium re-cycling plant, you would get £214. So based on the above statistics the best current investment advice is to drink heavily and re-cycle.......... :lol:

It's nice to be reminded of that; there was an "American" version of that floating around some years ago. Too bad scotch comes in bottles (and now plastic ones at that!).

Yes, we will agree to disagree. If you could find me a not-too-long reputable essay inviting me to believe in a better monetary system, I'd be very interested in reading it.

Regards,

Warren

[Texas Jim]

Too bad scotch comes in bottles (and now plastic ones at that!).

Regards,

Warren

Say it ain't so.

Chivas in PLASTIC BOTTLES?????

Thats sacrilege.

I don't drink any longer... ulcers and all that... but that used to be one of my favorites.

[WarrenJ]

Too bad scotch comes in bottles (and now plastic ones at that!).

Regards,

Warren

Say it ain't so.

Chivas in PLASTIC BOTTLES?????

Thats sacrilege.

I don't drink any longer... ulcers and all that... but that used to be one of my favorites.

Well, maybe not Chivas. I try to stay away from the plastic bottles.

[WarrenJ]

In post #8 here: http://caddyinfo.ipbhost.com/index.php?sho...&hl=WarrenJ

I posted a link to an informative and also interesting link to a PBS radio broadcast explaining Wall Street's involvement in the crisis. Surprisingly, it very entertaining.

LINK: http://www.thisamericanlife.org/Radio_Epis...spx?episode=355

"A special program about the housing crisis produced in a special collaboration with NPR News. We explain it all to you. What does the housing crisis have to do with the turmoil on Wall Street? Why did banks make half-million dollar loans to people without jobs or income? And why is everyone talking so much about the 1930s? It all comes back to the Giant Pool of Money."

It's important to note it completely leaves out any mention of Congress' involvement. I view that as an oversight, perhaps even a fraudulent one. Nevertheless I think the program is accurate as far as it goes.

Regards,

Warren