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Federal Reserve Bank of the U.S.A.

View Poll Results: Federal Reserve Bank of the USA is a PRIVATE BANK?
Yes 3 60.00%
No the government prints and issues money. 0 0%
I'm happy with this arrangement 1 20.00%
Jail the traitors for not changing this! 0 0%
Don't care ,ignorance is bliss. 1 20.00%
Multiple Choice Poll. Voters: 5. You may not vote on this poll

 
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Hierophant's Avatar
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16-Aug-2005, 12:00 PM #1
Question Federal Reserve Bank of the U.S.A.
I was wondering how many people here are aware of the fact that the Federal Reserve Bank is a PRIVATELY OWNED BANK(link) . The FED began with approximately 300 people or banks that became owners (stockholders purchasing stock at $100 per share - the stock is not publicly traded) in the Federal Reserve Banking System. They make up an international banking cartel of wealth beyond comparison . The FED banking system collects billions of dollars in interest annually and distributes the profits to its shareholders. The Congress illegally gave the FED the right to print money (through the Treasury) at no interest to the FED. The FED creates money from nothing, and loans it back to us through banks, and charges interest on our currency. The FED also buys Government debt with money printed on a printing press and charges U.S. taxpayers interest.

Who are the owners?

The ownership of the 12 Central banks, a very well kept secret, has been revealed:

Rothschild Bank of London

Warburg Bank of Hamburg

Rothschild Bank of Berlin

Lehman Brothers of New York

Lazard Brothers of Paris

Kuhn Loeb Bank of New York

Israel Moses Seif Banks of Italy

Goldman, Sachs of New York

Warburg Bank of Amsterdam

Chase Manhattan Bank of New York

First National Bank of New York

James Stillman
National City BankNew York

Mary W. Harnman

National Bank of Commerce, New York

A.D. Jiullard

Hanover National Bank, New York

Jacob Schiff

Chase National Bank, New York

Thomas F. Ryan

Paul Warburg

William Rockefeller

Levi P. Morton

M.T. Pyne

George F. Baker

Percy Pyne

Mrs. G.F. St. George

J.W. Sterling

Katherine St. George

H.P. Davidson

J.P. Morgan (Equitable Life/Mutual Life)

Edith Brevour

T. Baker


What a bargain! a whole country bought for the price of a few baubles and beads to the tune of $450 million , the original investment of the FED's 300 shareholders.

When any one (politicians and PRESIDENTS) suggest rectifying this abomination of treason ,like abolish the FED by printing real U.S. dollars as President Kennedy attempted JFK"s Executive Order 11.110, 1963(link)(E.O.still valid and current) ,or Abe Lincoln ,well they get dead and double quick!

BTW the BANK of ENGLAND is a PRIVATE BANK that issues currency as well.
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Last edited by Hierophant; 16-Aug-2005 at 12:11 PM..
linskyjack's Avatar
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16-Aug-2005, 12:44 PM #2
I smell the scent of another conspiracy theorist. Why do I have a funny feeling that this post will evolve (or should I say deevolve) into an attack on certain 'international conspiracies". By the way, the Congress---the people's representitives are the only ones who have the right to print money. They don't seem to have an issues with the Federal Bank. By the way, the Federal Reserve System was created by the people's representitives in 1913. Therefore, if you have a problem with it, do what most do in a democracy---ask your representitive(S) to change the law. Until then, don't bother us with this nonsense. Its so easy to attack with wild theories of cabals but seldom have I ever seen a conspiracy theorist make any attempt to change things. It probably is because the conspiracy theory is nonsensical to begin with.
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16-Aug-2005, 01:21 PM #3
Owners? The stock does not grant ownership in this type of system...it is a condition of membership into the system. Owning Federal Reserve Bank stock is quite different from owning stock in a private company -- this is a central point that you need to understand
There is a six percent limit on dividends per year...and is considered compensation for the lack of interest paid.

This does sound like a conspiracy theory -- it leads the argument, yet only supplies enough information to support its claim
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16-Aug-2005, 01:29 PM #4
The Federal Reserve System has always been a target by those on the extreme left and the extreme right. Conspiracy theorists need massiveness in their conspiracies---because it makes it more difficult to critique. The Federal Reserve System has always been a favorite.
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16-Aug-2005, 02:47 PM #5
Neither replies provide any proof of your assertions,no links,no articles no nothing,no substance.
I created a voting category for the likes of you twoon't care,ignorance is bliss, you failed to vote that category and the first reply voted yes,yet it would seem highly likely you did not read the full articles in the links provided as it is hard to understand how you fail to understand[both oh well].
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16-Aug-2005, 03:09 PM #6
[QUOTE=Hierophant]Neither replies provide any proof of your assertions,no links,no articles no nothing,no substance.
I created a voting category for the likes of you twoon't care,ignorance is bliss, you failed to vote that category and the first reply voted yes,yet it would seem highly likely you did not read the full articles in the links provided as it is hard to understand how you fail to understand[both oh well].[/QUOT


emmmmm, I merely responded by informing you that the Federal Reserve Act was passed by the people's representitives---You might not like that but heck, thats life in a democracy. Perhaps you would prefer something else. Ciberblade responded too, but of course, you have decided to ignore his point. I have a general policy with conspiracy theories. The onus is on you my friend to connect all those far ranging dots so that you can satisfy your paranoia. By the way, I do have some video of the actual set where the moon landing conspiracy was filmed.
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16-Aug-2005, 04:50 PM #7
Quote:
Originally Posted by Hierophant
Neither replies provide any proof of your assertions,no links,no articles no nothing,no substance.
I created a voting category for the likes of you twoon't care,ignorance is bliss, you failed to vote that category and the first reply voted yes,yet it would seem highly likely you did not read the full articles in the links provided as it is hard to understand how you fail to understand[both oh well].
Got proof:
The United States Federal Reserve System consists of twelve Federal Reserve Banks, each responsible for a particular district, and some with branches.

The twelve regional Federal Reserve Banks, which were established by the Congress as the operating arms of the nation's central banking system, are organized much like private corporations�possibly leading to some confusion about �ownership.� For example, the Federal Reserve Banks issue shares of stock to member banks. However, owning Federal Reserve Bank stock is quite different from owning stock in a private company. The Federal Reserve Banks are not operated for profit, and ownership of a certain amount of stock is, by law, a condition of membership in the system. The stock may not be sold or traded or pledged as security for a loan; dividends are, by law, limited to 6 percent per year.

But wait...there's more:
The dividends paid to member banks are considered partial compensation for the lack of interest paid on member banks' required reserves held at the Fed. By law, banks in the United States must maintain fractional reserves, most of which are kept on account at the Fed. The Federal Reserve does not pay interest on these funds.

Yes, I suppose ignorance is bliss...now that you have the support to my post.

Oh...and the executive order:
Quote:
Executive Order 11110

AMENDMENT OF EXECUTIVE ORDER NO. 10289
AS AMENDED, RELATING TO THE PERFORMANCE OF
CERTAIN FUNCTIONS AFFECTING THE DEPARTMENT OF THE TREASURY

By virtue of the authority vested in me by section 301 of title 3 of the United States Code, it is ordered as follows:

SECTION 1. Executive Order No. 10289 of September 19, 1951, as amended, is hereby further amended --

(a) By adding at the end of paragraph 1 thereof the following subparagraph (j):

"(j) The authority vested in the President by paragraph (b) of section 43 of the Act of May 12, 1933, as amended (31 U.S.C. 821 (b)), to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury not then held for redemption of any outstanding silver certificates, to prescribe the denominations of such silver certificates, and to coin standard silver dollars and subsidiary silver currency for their redemption," and

(b) By revoking subparagraphs (b) and (c) of paragraph 2 thereof.

SEC. 2. The amendment made by this Order shall not affect any act done, or any right accruing or accrued or any suit or proceeding had or commenced in any civil or criminal cause prior to the date of this Order but all such liabilities shall continue and may be enforced as if said amendments had not been made.

JOHN F. KENNEDY

THE WHITE HOUSE,
June 4, 1963.
The two sites present ideals that you are expected to just believe....without checking the information yourself -- thats why its limited with resources...so you can't check.
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16-Aug-2005, 05:41 PM #8
Quote:
Originally Posted by Ciberblade
Owners? The stock does not grant ownership in this type of system...it is a condition of membership into the system. Owning Federal Reserve Bank stock is quite different from owning stock in a private company -- this is a central point that you need to understand
There is a six percent limit on dividends per year...and is considered compensation for the lack of interest paid.

This does sound like a conspiracy theory -- it leads the argument, yet only supplies enough information to support its claim


SWEET FACT-finding there too!!!
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16-Aug-2005, 11:07 PM #9
Your statement reveals you failed to read the article in its entirity,it was thoroughly bibliographed,the article was written by a CPA, it is all checkable(for people who aren't lazy) ,I think I'll listen to someone who knows what their talking about like the writer of the article rather than keyboard warriors here.You mention the phrase "conspiracy theory" ,you might be right ,it certainly seems that a conspiracy to fool suckers has been very successful and your a victim of it or a perpetraitor{sic.}.
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16-Aug-2005, 11:37 PM #10
An interesting read:

http://www.usagold.com/FederalReserve.html

excerpt>>>
Quote:
The Federal Reserve System certainly makes large profits. According to the Board's 1995 Annual Report, the System had net income totaling $23.9 billion, which, if it were a single firm, would qualify it as one of the most profitable companies in the world. How were these profits distributed? By an agreement between the Board of Governors and the Treasury, nearly all of the Fed's annual profits are paid to the federal government. Accordingly, a lion's share of $23.4 billion, which represents 97.9 percent of the Federal Reserve's net income, was transferred to the Treasury. The Federal Reserve Banks kept $283 million, and the remaining $231 million was paid to its stockholders as dividends.

Given that less than one percent of the Fed's net earnings are distributed as dividends, it seems that an investor could easily find much more profitable ways to store their wealth than buying Federal Reserve stock. Regarding Schauf's lamentation, the Federal Reserve System has been paying its profits to the Treasury since 1947.
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16-Aug-2005, 11:47 PM #11
Another interesting read on the history of US banking and how the Fed came about to be the way it is:

http://www.chicagofed.org/consumer_i...ey_matters.cfm
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16-Aug-2005, 11:50 PM #12
And another interesting article on the constitutionality of paper money:

http://www.floodlight.org/theory/flaherty3.htm
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17-Aug-2005, 12:42 AM #13
Quote:
Originally Posted by Stoner
Another interesting read on the history of US banking and how the Fed came about to be the way it is:

http://www.chicagofed.org/consumer_i...ey_matters.cfm
GREAT link Jack!
Thanks!
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17-Aug-2005, 12:51 AM #14
Quote:
Originally Posted by Hierophant
Your statement reveals you failed to read the article in its entirity,it was thoroughly bibliographed,the article was written by a CPA, it is all checkable(for people who aren't lazy) ,I think I'll listen to someone who knows what their talking about like the writer of the article rather than keyboard warriors here.You mention the phrase "conspiracy theory" ,you might be right ,it certainly seems that a conspiracy to fool suckers has been very successful and your a victim of it or a perpetraitor{sic.}.
Wow,... what have you been smoking!?...

Plenty of people here are WELL qualified to respond to your "ideas" and to those of this article.

A "CPA", is a licensed "Public Accountant", which does NOT make them any kind of expert in History, Economics, or Finance! So I'm not so sure why you'd be so quick to rely upon them? Sure, they know what they are "talking about" IN THE ARTICLE, as in, they know what THEY WROTE,... but it is still misleading and WRONG.

You've been given several links to do research on your own to verify this independently! Why don't you? Why won't you accept them?

How about me? I've got a B.S. in Economics, and M.A. in Finacial-Economics, an M.B.A. in Finance, and I'm a Ph.D. candidate in Economics!!!... (keyboard warrior??? Hey, I gotta do something between terms! )

And I'm telling you, this is "conspiracy theorist" hooey!

Happy now?

Relax,... the FED isn't screwing you, or us. (Next time bring REAL evidence that they are maybe?...)
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17-Aug-2005, 09:01 AM #15
Quote:
Originally Posted by Hierophant
Your statement reveals you failed to read the article in its entirity,it was thoroughly bibliographed,the article was written by a CPA, it is all checkable(for people who aren't lazy) ,I think I'll listen to someone who knows what their talking about like the writer of the article rather than keyboard warriors here.You mention the phrase "conspiracy theory" ,you might be right ,it certainly seems that a conspiracy to fool suckers has been very successful and your a victim of it or a perpetraitor{sic.}.
I see you find it easier to attack me rather than deal with the facts. I've provided facts that are not included in your sited material -- facts that when taken into account alter the strength of the claims being made. This is the second time you've accused me of not reading it. You seem to think that I would simply agree with what it said had I read it all. In fact it is quite the opposite...particularly when I made it to the list of references...most I could not verify independently...It's almost like a list of blogs being used to support a claim
From the references:
"Repeal the Federal Reserve Banks" by Rev. Casimir Frank Gierut
"New World Order: The Ancient Plan of Secret Societies" by William T. Still
(yeah I remember this book -- It's about as much fact as Fahrenheit 911 is a documentary)
"The Social Security & Pension Conspiracy" by Metz
"One World" by John Amkerberg & John Weldon
"En Route to Global Occupation" by Gary H. Kah
(I remember this one as well) -- It was reviewed by Anthropologist/Writer/Poet Graham Lincoln, who said "This book is not the most well-written or well-researched book I have ever read...but, it is essential reading for understanding Anti-Masonry and Conspiracy Theory."
Most of these books were found in this category:
Subjects > Nonfiction > Current Events > Conspiracy Theories

Do you care to discuss the facts? Or did you come here to spread conspiracy theory's and personally attack anyone who does not agree with them?
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