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Despite the protest from many angry constituents, the
Bailout bill won the approval from the House this past Friday.
If Congress is correct in their figures, then it will only
cost American taxpayers three trillion dollars to bail out the mortgage
industry. Regardless of the details, the bill has been passed and Capital Hill
can relax and play some golf this weekend.
Since we are overloaded in debt, I am wondering where the
funds to implement this bill will come from...
...methinks from our pals over at the Federal Reserve.
There's and old saying that goes something like this: if you want to hide
something from the general public, then put it in a book. In case anyone is wondering, the Federal
Reserve is a privately owned cartel of some very powerful businessmen. This
cartel works cooperatively with their governments and all other powerful
transnational corporations in a dominant global alliance that allows them to
control the worlds markets, resources, cheap labor and our lives.
Following are some reputable quotes concerning the Federal
Reserve that is available to anyone and everyone who is interested.
Senators & Congressmen:
Most Americans have no real understanding of the operation of the
international money lenders. The accounts of the Federal Reserve System have
never been audited. It operates outside the control of Congress and manipulates
the credit of the United States. Sen. Barry Goldwater (Rep. AR)
This [Federal
Reserve Act] establishes the most gigantic trust on earth. When the President [Wilson} signs
this bill, the invisible government of the monetary power will be
legalized.the worst legislative crime of the ages is perpetrated by this
banking and currency bill. --Charles A. Lindbergh, Sr. , 1913
From now on,
depressions will be scientifically created.--Congressman Charles A.
Lindbergh Sr., 1913
The financial system
has been turned over to the Federal Reserve Board. That Board administers the
finance system by authority of a purely profiteering group. The system is
Private, conducted for the sole purpose of obtaining the greatest possible
profits from the use of other peoples money.--Charles A. Lindbergh Sr., 1923
The Federal Reserve
bank buys government bonds without one penny.--Congressman Wright Patman,
Congressional Record, Sept 30, 1941
We have, in this
country, one of the most corrupt institutions the world has ever known. I refer
to the Federal Reserve Board. This evil institution has impoverished the people
of the United States and has practically bankrupted our government. It has done
this through the corrupt practices of the moneyed vultures who control it.--Congressman Louis T. McFadden in 1932 (Rep. Pa)
The Federal Reserve
banks are one of the most corrupt institutions the world has ever seen. There is not a
man within the sound of my voice who does not know that this nation is run by
the International
bankers.--Congressman Louis T. McFadden (Rep. Pa)
Some people think
the Federal Reserve Banks are the United States governments institutions. They are not
government institutions. They are private credit monopolies which prey upon the
people of the United States for the benefit of themselves and their foreign
swindlers. --Congressional Record 12595-12603 Louis T. McFadden, Chairman of
the Committee on Banking and Currency (12 years) June 10, 1932
I have never seen
more Senators express discontent with their jobs.I think the major cause is that, deep down
in our hearts, we have been accomplices in doing something terrible and
unforgivable to our wonderful country.
Deep down in our heart, we know that we have given our children a legacy of bankruptcy. We have defrauded
our country to get ourselves elected.--John Danforth (R-Mo)
These 12
corporations together cover the whole country and monopolize and use for
private gain every dollar of the public currency. Mr.
Crozier of Cincinnati, before Senate Banking and Currency Committee, 1913
The [Federal Reserve
Act] as it stands seems to me to open the way to a vast inflation of the currency I do
not like to think that any law can be passed that will make it possible to
submerge the gold
standard in a flood of irredeemable paper currency.--Henry Cabot Lodge Sr.,
1913
From the Federal Reserves Own Admissions
When you or I write
a check there must be sufficient funds in out account to cover the check, but when the
Federal Reserve writes a check there is no bank deposit on which that check is
drawn. When the
Federal Reserve writes a check, it is creating money.--Boston Federal Reserve Bank
Neither paper
currency nor deposits have value as commodities, intrinsically; a dollar bill
is just a piece of paper. Deposits are merely book entries.--Modern Money Mechanics Workbook, Federal Reserve Bank of Chicago, 1975
The Federal Reserve
system pays the U.S. Treasury $20.60 per thousand notes a little over 2 cents each without
regard to the face value of the note. Federal Reserve Notes, incidentally, is
the only type of currency now produced
for circulation. They are printed exclusively by the Treasurys Bureau of Engraving and Printing, and the
$20.60 per thousand price reflects the Bureaus full cost of production.
Federal Reserve Notes are printed in 01, 02, 05, 10, 20, 50, and 100 dollar
denominations only; notes of 500, 1000, 5000, and 10,000 denominations were
last printed in 1945. --Donald J. Winn, Assistant to the Board of Governors of the Federal Reserve
System
We are completely
dependant on the commercial banks. Someone has to borrow every dollar we have in
circulation, cash or credit. If the banks create ample synthetic money we are
prosperous; if not, we
starve. We are absolutely without a permanent money system. It is the most
important subject
intelligent persons can investigate and reflect upon. It is so important that
our present civilization
may collapse unless it becomes widely understood and the defects remedied very
soon. --Robert H.
Hamphill, Atlanta Federal Reserve Bank
Past Presidents, not including the Founding Fathers
Whoever controls the volume of money in any country is absolute master
of all industry and commerce. James A. Garfield, President of the
United States
A great industrial
nation is controlled by its system of credit. Our system of credit is
concentrated in the hands of a few men. We have come to be one of the worst
ruled, one of the most completely controlled and dominated governments in the
worldno longer a government of free opinion, no longer a government by
conviction and vote of the majority, but a government by the opinion and duress
of small groups of dominant men.--President Woodrow Wilson
Founding
Fathers Quotes on Banking
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.
If Congress has the right [it
doesnt] to issue paper money [currency], it was given to them to be
used by[the government] and not to be
delegated to individuals or corporations. --President Andrew Jackson, Vetoed Bank Bill of 1836
History records that the money
changers have used every form of abuse, intrigue, deceit, and violent means
possible to maintain their control over governments by controlling money and
its issuance. --James Madison
***
You gotta admit this, folks: our pals in the Federal Reserve know the wisdom of what's stated in
Proverbs 22:7: "The rich rule over the poor, and the borrower is servant
to the lender." So you see, America, ignorance is not bliss... now where are
my golf clubs... oh, never mind, I cant afford to play! |
