I heard that.
I also heard that it's not true and our money is actually worthless and the givernment is the only thing that makes it worth anything?
Is it true that the federal reserve banks are overseas?Is it true that you bring your money to the federal reserve they will give you gold for it?
What the Government Dosen't want us to know.... and Yes, I'm a Hard Working, Tax Paying, Conservative, Family Oriented Republican, Small Business Person.
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Are You Asking, Who is in Charge of the Federal Reserve鈥?The Answer Has Nothing to do With the Nonsense You Were Taught in Grade School.
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Who is in charge of the Federal Reserve?
It鈥檚 interesting to us how many people still believe that the Federal Reserve is a government entity.
Nothing could be further from the truth.
The Federal Reserve System is a result of international bankers gaining control of a duty that the United States Constitution gave only to Congress.
Only Congress is supposed to create and coin money.
However, in 1913 the international banking cabal pulled the wool over our eyes and was successful at stealing this right from us.
Your history books have been doctored.
Who is in charge of the Federal Reserve?
For more enlightenment on this, one vital resource is to listen to the words of former Senator Louis T. McFadden, who in 1933, said:
WHO IS IN CHARGE OF THE FEDERAL RESERVE: SENATOR MCFADDEN
';Mr. Chairman, we have in this Country one of the most corrupt institutions the world has
ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks,
hereinafter called the Fed.
';The Fed has cheated the Government of these United States and the people of the United States out of enough money to pay the Nation's debt. The depredations and iniquities of the Fed has cost enough money to pay the National debt several times over.
';This evil institution has impoverished and ruined the people of these United States, has bankrupted itself, and has practically bankrupted our Government. It has done this through the defects of the law under which it operates, through the maladministration of that law by the Fed and through the corrupt practices of the moneyed vultures who control it.
WHO IS IN CHARGE OF THE FEDERAL RESERVE: A PRIVATE BANK
';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. Those bankers took money out of this Country to finance Japan in a war against Russia. They created a reign of terror in Russia with our money in order to help that war along.
';They instigated the separate peace between Germany and Russia, and thus drove a wedge between the allies in World War I. They financed Trotsky's passage from New York to Russia so that he might assist in the destruction of the Russian Empire.
';They fomented and instigated the Russian Revolution, and placed a large fund of American dollars at Trotsky's disposal in one of their branch banks in Sweden so that through him Russian homes might be thoroughly broken up and Russian children flung far and wide from their natural protectors.
';They have since begun breaking up of American homes and the dispersal of American children. Mr. Chairman, there should be no partisanship in matters concerning banking and currency affairs in this Country, and I do not speak with any.
WHO IS IN CHARGE OF THE FEDERAL RESERVE: EUROPEAN BANKERS
';In 1912 the National Monetary Association, under the chairmanship of the late Senator Nelson W. Aldrich, made a report and presented a vicious bill called the National Reserve Association bill. This bill is usually spoken of as the Aldrich bill.
';Senator Aldrich did not write the Aldrich bill. He was the tool, if not the accomplice, of the European bankers who for nearly twenty years had been scheming to set up a central bank in this Country and who in 1912 had spent and were continuing to spend vast sums of money to accomplish their purpose.
';We were opposed to the Aldrich plan for a central bank. The men who rule the Democratic Party then promised the people that if they were returned to power there would be no central bank established here while they held the reigns of government.
';Thirteen months later that promise was broken, and the Wilson administration, under the tutelage of those sinister Wall Street figures who stood behind Colonel House, established here in our free Country the worm-eaten monarchical institution of the ';King's Bank'; to control us from the top downward, and from the cradle to the grave.
';The Federal Reserve Bank destroyed our old and characteristic way of doing business. It discriminated against our 1-name commercial paper, the finest in the world, and it set up the antiquated 2-name paper, which is the present curse of this Country and which wrecked every country which has ever given it scope; it fastened down upon the Country the very tyranny from which the framers of the Constitution sought to save us.
WHO IS IN CHARGE OF THE FEDERAL RESERVE: THE BANKSTERS
A further look at who Senator McFadden was talking about when he said the Fed is a private bank.
Rothschild Banks of London and Berlin (Rothschild and world economy)
Lazard Brothers Bank of Paris
Israel Moses Sieff Banks of Italy
Warburg Bank of Hamburg, Germany and Amsterdam
Kuhn Loeb Bank of New York
Lehman Brothers Bank of New York
Goldman Sachs Bank of New York
Chase Manhattan Bank of New York (Controlled By the Rockefeller Family Tree)
WHO IS IN CHARGE OF THE FEDERAL RESERVE: EDUCATE YOURSELF
The bottom line is that the Federal Reserve is an illegal United States central bank.
The people who are the producers in America are being scammed by the banking elite.
While the producers slave away in their little shack homes, the bankers create money from nothing and steal the wealth of the land through the Fed. The bankers produce nothing and contribute nothing but misery and slavery to the people.
They are at the root of the elite-planned New World Order.
Ultimately, educate yourself on why your debt is impossible to pay off because the interest must be paid with more borrowed money.Is it true that you bring your money to the federal reserve they will give you gold for it?
We are off the gold standard. You can use federal reserve notes to buy gold on the market, but if you take such a note to the federal reserve, all you get is another note. However, money is just a recognized medium of exchange. It has value as long as people value it. As long as you can exchange it for goods and services, it has value. In fact, if we still used gold and silver, those would have value only as long as they could be exchanged for goods and services.
I seriously doubt the Fed Reserve will give you gold for your dollars. Even back when we were on the gold standard, they only did that for foreign governments, not individuals.
Well, money has no intrinsic value in the way that food or a lawn mower does, where the value is plainly obvious. It just has value because we all agree that it has value.
- No, the Federal Reserve will not give you gold. But now that gold ownership is again legal (now that we're off the gold standard), you can exchange your money (i.e. ';buy';) gold from a number of sources. The easiest is the purchase of gold coins
- Our money is considered fiat money which means it's value comes from the government declaring it so and accepting it in taxes and such. That said, by law, all currency must be collateralized which means the Fed has to back it up with something of value. Today that collateral is T-Bills it buys with ';thin air'; money.
- Federal Reserve banks overseas? Good question. The District banks are unlikely to have offices outside their districts. However the Fed itself might, You see other major central banks with offices in major cities. I checked the Fed list of locations but could not find an overseas office. I leave open the possibility.
US money is no longer backed by the Gold Standard. In 1971 many countries we were indebted to began demanding their payments in gold rather than bills, and our treasury did not like to let go of the gold. They developed a commission that removed the gold standard and determined the value of our currency. The committee still exists - they meet in a boardroom in DC every day, all day and they are the ones who determine everything about the value of our money and interest rates, etc.
I have been told that the actual gold is still kept at Fort Knox, but it is not now nor has it ever been possible for a civilian to get near it. When the gold standard was removed, gold values dropped dramatically. People who had invested in gold in the previous decades lost a lot of money. If you notice now, most metals are rising in value dramatically - esp. steel, aluminum and copper (which people are dying over). Gold is not rising and will not likely rise again.
they quit backing US dollars with gold back in the 70's. our money isnt completely worthless but bush is working on that
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