Federal Reserve System

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"This act establishes the most gigantic trust on earth. . . When the President signs this act, the invisible government by the money power, proven to exist by the Money Trust investigation, will be legalized. . . . The new law will create inflation whenever the trusts want inflation."

- Charles A. Lindbergh, Sr., U.S. congressman, on the passage of the Federal Reserve Act, 1913.

"The Federal Reserve System is neither federal nor reserve, but is basically a federally chartered, private banking consortium."

- Ken Smith, The Fed is Private.

"But if ye will not hearken unto Me, and will not do all these Commandments; And if ye shall despise My Statutes, or if your soul abhor My Judgments, so that ye will not do all My Commandments, [but] that ye break My Covenant [m]: I also will do this unto you; I will even appoint over you terror, consumption, and the burning ague, that shall consume the eyes, and cause sorrow of heart: and ye shall sow your seed in vain, for your enemies shall eat it. And I will set My face against you, and ye shall be slain before your enemies: THEY THAT HATE YOU SHALL REIGN OVER YOU; and ye shall flee when none pursueth you." - God, Leviticus 26:14-17.

 


Federal Reserve System

By Devon Jackson

The central banking system of the United States since 1913. Nick named the Fed, it is comprised of twelve privately controlled central district banks that are supervised by a board of governors in Washington, D.C. All national banks must belong to the Federal Reserve System, but many state banks belong voluntarily.

The system has a variety of major functions that many do not believe should be performed by privately controlled entities: to hold the deposits of America's commercial banks, to control the issuance of coins and paper currency, to regulate the practices of its member banks, and to serve as the basic controller of credit in the U.S. economy (and, in so doing, to determine the money supply and interest rates for borrowing).

The 1913 Federal Reserve Act, which outlined the way the system would work, was drafted at the super-secret Jekyll Island Conference in 1910.

(In 1996, the World Jewish Congress, under the leadership of Edgar Bronfman, Jr., cited declassified U.S. documents indicating that six tons of Nazi gold are currently held by the Federal Reserve and the Bank of England.)

The Fed operates independently of and unaccountable to both the president and Congress, leading some to believe that the Fed is nothing more than the personal piggybank of the International Banksters5141 and/or the International Zionists , who use the system to create recessions and depressions to their own advantage.

Along with the graduated income tax and the Internal Revenue Service, which act as collection agents, the Federal Reserve forms what some call the Zionist Occupied Government. The current head of the Fed is Trilateralist Jewish-Alan Greenspan, who was formerly employed at Morgan Guaranty.