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The Federal Reserve is a privately owned, for-profit corporation. The 10 primary shareholders in the Fed are:
1) The Rothschild Family - London 2) The Rothschild Family - Berlin 3) The Lazard Brothers - Paris 4) Israel Seiff - Italy 5) Kuhn-Loeb Company - Germany 6) The Warburgs - Amsterdam 7) The Warburgs - Hamburg 8) Lehman Brothers - New York 9) Goldman & Sachs - New York 10) The Rockefeller Family - New York
Seven of the top ten stockholders are located in FOREIGN countries.
The Federal Reserve Bank of New York, which controls the other eleven Federal Reserve branches, is controlled by two financial institutions:
1) Chase-Manhattan (controlled by the Rockefellers) - 6,389,445 shares - 32.3% 2) Citbank - 4,051,851 shares - 20.5%
These two entities control nearly 53% of the New York Federal Reserve Bank.
Where does the money come from?
The Federal Reserve corporation prints money, then loans it, at interest, to our government.
A total scam.
If the Federal Reserve prints 1,000 one-hundred ($100) bills, their total cost for ink, paper, plates, labor, etc. would be approximately $23.00
So, the Federal Reserve can "create" a million dollars, then LEND it to the U.S. Government (with interest) for a total cost of $230.00!
Ahem...
The whole debate over the Federal Reserve and monetary policy is skewed by certain facts.
1. A dollar bill is not a dollar. (See: Title 12 USC Sec. 411)
2. A dollar bill is a variable, not a constant. (Since 1933, the Congress will not redeem their dollar bills.)
3. Any measurements made with a dollar bill are useless gibberish, and only have ephemeral value.
4. Usury, the fee, in money, for the use / loan of money is mathematically impossible in a finite money token system. (Long term usury is obviously impossible, once the aggregated debt exceeds the whole set of money tokens.)
5. The national debt, in excess of 11.7 trillions, is not payable with dollar bills, but with dollars (pursuant to law).
6. The national debt computes to an obligation to stamp 585 billion ounces of gold into dollars.
7. Estimated world supply of all gold is 5.5 billion ounces.
8. You cannot question the validity of the public debt (see: 14th amendment, clause 4).
At the risk of being accused of being Off Topic and Trolling (It wasn't and I'm not), I'd suggest to anyone that cares to check into the backgrounds of the 10 shareholders listed. They are at the root of a multitude of problems that confront us in America, not the least of which is the Federal Reserve debacle (scandal) mentioned by the OP.
6. The national debt computes to an obligation to stamp 585 billion ounces of gold into dollars.
7. Estimated world supply of all gold is 5.5 billion ounces.
Why bring up silly technicalities like that? When you're printing paper money, the actual amount of gold on planet Earth means nothing. This reminds me of the sketch on Monty Python's Flying Circus about the apartment building that was held up by faith.
At the risk of being accused of being Off Topic and Trolling (It wasn't and I'm not), I'd suggest to anyone that cares to check into the backgrounds of the 10 shareholders listed. They are at the root of a multitude of problems that confront us in America, not the least of which is the Federal Reserve debacle (scandal) mentioned by the OP.
Dont that list include folks we bailed out? Why do they need a bail out if they can print their own money?
The Federal Reserve is a privately owned, for-profit corporation. The 10 primary shareholders in the Fed are:
1) The Rothschild Family - London 2) The Rothschild Family - Berlin 3) The Lazard Brothers - Paris 4) Israel Seiff - Italy 5) Kuhn-Loeb Company - Germany 6) The Warburgs - Amsterdam 7) The Warburgs - Hamburg 8) Lehman Brothers - New York 9) Goldman & Sachs - New York 10) The Rockefeller Family - New York
Seven of the top ten stockholders are located in FOREIGN countries.
The Federal Reserve Bank of New York, which controls the other eleven Federal Reserve branches, is controlled by two financial institutions:
1) Chase-Manhattan (controlled by the Rockefellers) - 6,389,445 shares - 32.3% 2) Citbank - 4,051,851 shares - 20.5%
These two entities control nearly 53% of the New York Federal Reserve Bank.
Where does the money come from?
The Federal Reserve corporation prints money, then loans it, at interest, to our government.
A total scam.
If the Federal Reserve prints 1,000 one-hundred ($100) bills, their total cost for ink, paper, plates, labor, etc. would be approximately $23.00
So, the Federal Reserve can "create" a million dollars, then LEND it to the U.S. Government (with interest) for a total cost of $230.00!
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