Federal Reserve Fraud
By Matthew Ficarelli
“No State shall make any thing but gold and silver coin a tender in payment of debts.”
Article 1, Section 10, United States Constitution
The whole reason why America was formed in the first place was to escape the taxation of the private banks of England. The Constitution was specifically made so that we had the right to govern ourselves which includes all monetary regulation. Many of our founding fathers, as well as numerous presidents, knew what would happen if central banks were put into control -
“The central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution. I am an Enemy to all banks discounting bills or notes for anything but Coin. If the American People allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the People of all their Property until their Children will wake up homeless on the continent their Fathers conquered.”
"Whoever controls the volume of money in any country is absolute master of all industry and commerce."
- James A. Garfield
"It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."
- Henry Ford
The Mafia didn’t have it as good as the private bankers. They continue to rob America in plain sight and nobody knows about it., or they just care. People thought that George W. Bush administration was bad changing the Constitution, but this has been happening for decades.
The Federal Reserve Bank isn’t even Federal at all. Ten private banks are in charge of the twelve so called “Federal Banks“. More then half of the banks are from other countries.
They are the -
- 1. Rothschild Bank of London
- 2. Warburg Bank of Hamburg
- 3. Rothschild Bank of Berlin
- 4. Lehman Brothers of New York
- 5. Lazard Brothers of Paris
- 6. Kuhn Loeb Bank of New York
- 7. Israel Moses Seif Banks of Italy
- 8. Goldman, Sachs of New York
- 9. Warburg Bank of Amsterdam
- 10. Chase Manhattan Bank of New York
These bankers are connected to London Banking Houses which ultimately control the FED. The right to print and regulate currency is only granted to the Federal Government as stated in Article 1 Section 8 of the Constitution. Why and how did America’s Monetary system end up in the hands of private bankers?
In 1910, a secret meeting was held on Jekyll Island in J.P. Morgan’s private estate. From this meeting, the Federal Reserve Act was born. In 1913, while the rest of Congress was away for the Christmas holiday, Senator Nelson Aldrich pushed the act through and the remaining members passed it. Nelson just so happened to be a maternal grandfather to the Rockefellers family. In exchange for campaign support from the bankers, Woodrow Wilson agreed to pass the bill. Then as soon as he was elected, he passed the bill. But later on, Wilson regretfully stated -
"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are 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 civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men."
Another law that came out of 1933, was the Federal Income Tax. This law is found to be unconstitutional and it was never met with the required number of states to ratify it, but it some how came into effect. Although the law has been challenged in the supreme court and has won because it is unconstitutional, the IRS will bully you around and seize everything you own in the process.
Also in 1933, the gold standard was removed from the public. It was made illegal to own any gold currency. Instead the Federal Reserve Note was issued, better known as the dollar. Before 1933, you were able to go to the bank and redeem your note for the stated amount of gold. From 1933 to 1965, the dollar was redeemable for only a small portion of silver until it was abolished. Have you ever wondered why it says “Legal Tender” on the dollar? Webster’s dictionary defines “Tender” as -
“An unconditional offer of money or service in satisfaction of a debt or obligation made to save a penalty or forfeiture for nonpayment or nonperformance.”
The dollar is an IOU. You can’t redeem it for anything. The only thing that gives it any value is the amount that are in circulation. The less that are made, the greater the value, the more that are made, the lesser the value. It is a simple formula, just like gravity. If you throw a rock in the air, it’s going to come down.
Every time we print money, our government contacts the 10 private bankers, which then contact the treasury department to print up our “money.” For every dollar they make out of thin air, they charge “x” amount of interest. But where does the government get the money to pay for not only the loan, but the interest for the loan? The Federal Reserve Bank. America is trapped in a never ending cycle of slavery. The sad thing is that nobody knows about it. Or they don’t care if they’re told. These private bankers have not once been audited by the government, or have to pay any taxes on the money they steal from us. They are in control of the America’s inflation rates, which means all crisis are generated, they don’t happen by accident.
In 1992, taxpayers paid the FED banking system $286 billion in interest on debt the FED purchased by printing money virtually cost free. Forty percent of our personal federal income taxes goes to pay this interest. As of March 6, 2006, the national debt stands at 8.2 trillion dollars. From October 2005 to February 2006, American taxpayers have paid the FED banking system $173,875,979,369.66 in interest on the national debt.
America must wake up and realize what is going on. People must be educated on the so called “Financial Crisis” that is not only effecting America, but the world. This global crisis is generated by the few elites at the top of the “shadow government” to usher in a new era of complete control over all of the worlds money supply.
All Scripture Taken Form King James Version