• Source : Federal Reserve Directors : A Study of Corporate and Banking Influence. Staff Report, Committee on Banking, Currency and Housing, House of Representatives, 94th Congress, 2nd Session, August 1976.
Congressman McFadden's Speech On the Federal Reserve Corporation
On May 23, 1933, Congressman, Louis T. McFadden, brought formal charges against the Board of Governors of the Federal Reserve Bank system, The Comptroller of the Currency and the Secretary of United States Treasury for numerous criminal acts, including but not limited to, CONSPIRACY, FRAUD, UNLAWFUL CONVERSION, AND TREASON.
Quotations from several speeches made on the Floor of the House of Representatives by the Honorable Louis T. McFadden of Pennsylvania. Mr. McFadden, due to his having served as Chairman of the Banking and Currency Committee for more than 10 years, was the best posted man on these matters in America and was in a position to speak with authority of the vast ramifications of this gigantic private credit monopoly.
The Constitutional argument against this Fed's creation:
Section. 8.Clause 1 : The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;
Clause 5 : To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures; " I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the government at defiance. The issuing power (of money) should be taken away from the banks and restored to the people to whom it properly belongs ." --Thomas Jefferson, U.S. President.
More : Banking & Federal Reserve Quotes and Money Quotations
Book : Secrets of the Federal Reserve
• HTML Version
• Zip File
• Word Document
A Phone Call To The Fed
The following is a conversation with Mr. Ron Supinski of the Public Information Department of the San Francisco Federal Reserve Bank.
Statements by Congressman Ron Paul
• Paper Money and Tyranny• Gold, Dollars, and Federal Reserve Mischief
• Abolish the Fed
• The Tyranny of Paper Money
• Economic Update
• The US Dollar and World Economy
• The State of the Republic
• The Economy
• Greenspan Nominated to a Fourth Term
• Paul Challenges Greenspan on Monetary Policy
• Manipulating Interest Rates
• Hard Questions for Federal Reserve Chairman Greenspan
• more...
Detailed Analysis • Currency Devaluation and Economic Growth
• The Mandrake Mechanism Of The Federal Reserve
• The Federal Reserve
• The History of Lawful Gold and Silver Legal Tender and the Debt Brought On by Unlawful Fiat Paper Money
• Federal Reserve System 101
• I Want The Earth Plus 5%
• The High Cabal's Economic War Against the World
• Questions and Answers About The Federal Reserve System
• The Theory of Money and Credit
• The History of Lawful Gold and Silver Legal Tender and the Debt Brought on by Unlawful Fiat Paper Money
• Money Vs. Wealth
• Memorandum of Law: The Money Issue
• Jefferson's Prophesy: The Bankruptcy of America
• Mises on Money
• Why a Federal Reserve Note isn't worth a Dollar.
• A Fatal Parasite on the American Body Politic Articles : • The Finance Lesson Everyone Missed!
• The Fed, the Constitution, derivatives and Enron
• The Truth about Money
• Central Banks, Currencies and Interest Rates
• Ayn Rand on money
• What Is A Dollar?
• The Law, Money, and Your Choice (PDF)
• Nevada Constitutional Amendment to Issues Money as Silver Coins (PDF)
• It's Not the Money, Its The Principal (PDF)
• Central Banks, Gold, and the Decline of the Dollar (PDF)
• The Forgotten Role of the Constitution in Monetary Law
• Creating Money is a Taxing Operation
• Borrowing Currency Into Circulation
• Background on the Dollar Bill
• Return To Constitutional Money
• United States of America Money Act
• Alan Greenspoan on Why the Gold Standard Had to be Abandoned
• The Battle America Lost in 1913: the Federal Reserve Act
• The Government and The Bankers did it!
• Federal Reserve Notes Declared Unconstitutional Misc. Resources : • A Workbook on Bank Reserves and Deposit Expansion
• Board of Governors of the Federal Reserve System
• Federal Reserve Act, Dec. 23, 1913 (PDF)
• 169 Questions and Answers on Money September 21, 1964 from the House of Representatives Additional resources : Money, Banking, and Credit
