Banking originated from goldsmiths, who issued warehouse receipts for gold deposited with them. As the nations central bank, the federal reserve derives its authority from the u. By statute, congress provided for a central banking system with public and private characteristics. It is a cartel operating against the public interest.
Jan 18, 2016 the federal reserve cartel the eight families published on january 18, 2016 january 18, 2016 82 likes 14 comments. The federal reserve is the central bank for the united states. The federal reserve system is the central banking authority of the united states. The federal reserve system federal reserve board of. The financial elites of this country, notably the morgan, rockefeller, and kuhn, loeb interests, were responsible for putting through the federal reserve system, as a governmentally created and sanctioned cartel device to enable the nations banks to inflate the money supply in a coordinated fashion, without suffering quick retribution from depositors or note holders demanding cash. The federal reserve as a cartelization device im swiss mises. Article 1, section 8 of the constitution states that congress shall have the power to coin create money and regulate the value thereof. A financial parasite june 19, 2011 dean henderson united world federalists founder james warburgs father was paul warburg, who financed hitler with help from brown brothers harriman partner prescott bush. In 1914, a year after the passage of the federal reserve act, senator aldrich one of the 7 at the jekyll island meeting said, before the passage of this act, the new york bankers could only dominate the reserves of new york. Moreover, the wide appeal of this antisemitic conspiracy theory among all kinds of extremists strikingly demonstrates how the agendas of otherwise opposing. The idea would be that the fed could expand or contract the amount of money in circulation to correspond with economic activity. The herland report is a scandinavian news site, tv channel on youtube and podcasts reaching millions yearly. The true history of the banking cartels and the federal.
The 8 families the four horsemen of banking bank of america, jp morgan chase, citigroup and wells fargo own the four horsemen of oil exxon mobil, royal dutchshell, bp and chevron texaco. The system performs five functions in the public interest. An idiots guide to the federal reserve scam truth control. It was created on december 23, 19, with the enactment of the federal reserve act, after a series of financial panics particularly the panic of 1907 led to the desire for central control of the monetary system in order to alleviate financial crises.
The herland report is a scandinavian news site and tv channel on youtube, that is reaching millions yearly. The federal reserve system also known as the federal reserve or simply the fed is the central banking system of the united states of america. We ask your continued attention on those remaining priority. The eight families dean henderson global research june 1, 2011 part one of a fourpart series. This position makes it the most powerful actor in the global economy. The true center of power within the fed is the federal open market committee fomc, on which only the ny fed president holds a permanent voting seat. Full text of thefederalreserveconspiracyeustacemullins. The federal reserve bank was born in 19, the same year us banking scion j. Full text of thefederalreserveconspiracyeustace mullins. The federal reserve, rothschild, and vatican banking.
Mccallister, an oil industry insider with house of saud connections, wrote in the grim reaper that information he acquired from saudi bankers cited 80% ownership of the new york federal reserve bank by far the most powerful fed branch by just eight families, four of. Weberman in 1994, the answer to the kennedy assassination is with the federal reserve bank. Who owns the federal reserve bank and why is it shrouded. Edward kennedy dma and fed chairman paul volcker at senate hearings in 1982 is instructive. The federal reserve, a privately owned banking cartel, has been given. Mccallister, an oil industry insider with house of saud connections, wrote in the grim reaper that information he acquired from saudi bankers cited 80% ownership of the new york federal reserve bank by far the most powerful fed branch by just eight families, four of which reside in the us. Under the facility, the main street new loan facility msnlf, and the main street expanded loan facility mself, the federal reserve bank of boston reserve bank will commit to lend to a single. During the new deal, rockefeller interests took first place in influence, with the morgan interests reduced to a subordinate though still potent role.
Jun 22, 2009 the secrets of the federal reserve paperback june 22, 2009. It is a great place to watch interviews and read the work of leading intellectuals, thought leaders, authors and activists from across the political spectrum free from political correctness. The federal reserve system the federal reserve is unique among central banks. From this a fractional reserve system developed, inherently prone to monetary expansion and panic. The eight families 2 one important repository for the wealth of the global oligarchy that owns these bank holding companies is us trust corporation founded in 1853 and now owned by bank of america.
The charge that jews control the federal reserve is a classic example of the hatemongers paranoidstyle exploitation of legitimate concerns in this case, the nations economy. Rothbard shows the dominate influence of the banking house of morgan at the feds inception. The fed is made up of most every bank in the us, but the new york federal reserve bank controls the fed by virtue of its enormous capital resources. Pierpont morgan died and the rockefeller foundation was formed. We should pay this fee, revoke the fed charter and launch a new us dollar issued by the treasury department. The pyramid on the left side represents those in egypt possibly space beaconenergy source to the anunnaki whose pharaohs oversaw the building of the pyramids using slave labor. It performs five general functions to promote the effective operation of the u. The true history of the banking cartels and the federal reserve.
R othbard t the progressive movement he federal reserve act of december 23, 19 was part and parcel of the wave of progressive legislation, on local, state, and federal levels of govern. Federal reserve board announces it is expanding the scope and eligibility for the main street lending program press release 4302020. Both banks issued currency, made commercial loans, accepted deposits, purchased securities, maintained multiple branches and acted as fiscal agents for the u. The federal reserve is privately owned by thomas d. Government and custodian of the reserve accounts of commercial banks. Rothbard provides a succinct account of the origins of money, showing how money must originate from a commodity. They make up an international banking cartel of wealth beyond comparison reference 1, 14. Though most americans think of the federal reserve as a government institution, it is privately held by the eight families. Their corporate media arm is quick to discredit any information exposing this private central banking cartel as conspiracy theory. These include its name, its ownership, its purported. The federal reserve cartel is a brief welldocumented history of the eight families who control the worlds private central banks and most of the planets resources. The origins of the federal reserve deep black lies. It is a great place to watch interviewsread articles from leading intellectuals, thought leaders, authors and activists from across the political spectrum. It is considered an independent central bank because its decisions do not.
Ron paul is poised to chair the house domestic monetary policy subcommittee, putting the gavel of the panel overseeing the federal reserve into the hands of one of the central banks most outspoken critics. The federal reserve act of 19 gave these rich private bankers control over the reserves in the nonfederal banks. The wife of lee harvey oswald, who was conveniently gunned down by jack ruby before ruby himself was shot, told author a. At that time, president woodrow wilson wanted a governmentappointed central board. The federal reserve has seven priority recommendations remaining from those we identified in our april 2019 letter. The federal reserve, rothschild, and vatican banking cartels. The federal reserve cartel the eight families published on january 18, 2016 january 18, 2016 82 likes 14 comments. The federal reserve cartel, a book by dean henderson is a documented history of the 8 families who control the worlds private central banks and resources. The federal reserve bank was born in 19, the same year us banking.
Today however, the fed, which is a privately owned company, controls and profits by printing. Then we have an independent, uncontrolled and uncoordinated government in the federal reserve system, operating the money powers which are reserved to congress by the constitution. The federal reserve act passed by 3 three senators in a unanimous voice. But congress wanted the fed to have 12 regional banks to represent americas diverse regions. The first bank of the united states 17911811 and the second bank of the united states 18171836 each had a 20year charter. Three years before congress passed the federal reserve act, representatives of european and american banking families clandestinely gathered at an exclusive getaway owned by j.
The federal reserve system is the third central banking system in united states history. The bitter effect of cartels federal reserve bank of. The federal reserve bank or simply the fed, is shrouded in a number of myths and mysteries. The eight families july 19, 20 by kristalklear the federal reserve cartel. Dec 18, 2015 the federal reserve bank or simply the fed, is shrouded in a number of myths and mysteries. The origins of the federal reserve mises institute. According to former british intelligence agent john colemans book, the committee of 300, the rothschilds exert political control through the secretive business roundtable, which they created in 1909 with the help of lord alfred milner and. Just as other industries turned to the government to impose cartelization. The federal reserve banks are not a part of the federal government, but they exist because of an act of congress. While the board of governors is an independent government agency, the federal reserve banks are set up like private corporations. From these plans, the federal reserve system developed. The word cartel usually conjures dark images of drug lords or oil producers, but it can also apply to something as, well, sweet as sugar. By dean henderson part three of a fivepart series excerpted from chapter 19. The four horsemen of banking bank of america, jp morgan chase, citigroup and wells fargo own the four horsemen of oil exxon mobil, royal dutchshell, bp and chevron texaco.
Nov 26, 2019 their corporate media arm is quick to discredit any information exposing this private central banking cartel as conspiracy theory. Who owns the federal reserve bank and why is it shrouded in. Federal reserve board announces an expansion of the scope and duration of the municipal liquidity facility press release 4272020. The federal reserve is an independent entity established by the federal reserve act of 19. The secret service is employed, not by the executive branch, but by the federal reserve. The federal reserve act of 19 gave these rich private bankers control over the reserves in the non federal banks. Sep 17, 2011 one response to the federal reserve cartel. Morgan, the pujo hearings, and the federal reserve are related. The federal reserve system federal reserve board of governors 12 federal reserve banks 1 u. The eight families the four horsemen of banking bank of america, jp morgan chase, citigroup and wells fargo own the four horsemen of oil exxon mobil, royal dutchshell, bp and chevron texaco.
These include its name, its ownership, its purported independence form external influences, and its. The fed, as the federal reserve is known, was originally given the mission of establishing an elastic money supply. Schauf the federal reserve bank is a private company. The eight families the four horsemen of banking bank of america, jp morgan chase, citigroup and wells fargo own the four horsemen of oil exxon mobil. A recent us trust corporate director and honorary trustee was walter rothschild. Theories abound, but read the text and decide for yourself.
The house of morgan the federal reserve bank was born in 19, the same year us banking scion j. Who owns the federal reserve banks in plain english st. Federal reserve issues fomc statement press release 4292020. They are the goldman sachs, rockefellers, lehmans and kuhn loebs of new york.
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