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what is the federal reserve?

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billder





Joined: 02 Feb 2002
Posts: 319
Location: pasco county fl
what is the federal reserve? PostTue Nov 15, 2005 4:06 pm  Reply with quote  

The Enemy From Within II

Re: ** FED-UP ** By: Thomas D. Schauf (1992)

Task Force Colleague . . . . . . . . . . . . . . September 9, 1995

Mr. Thomas D. Schauf, worked up his 30 page report, to clear up questions he had received about the Federal Reserve Bank (FED). Mr. Schauf spent a great deal of time researching the FED. (Note: We reduced this 30 page report to 16 pages, to make it more enjoyable. We reduced the number of endorsements, and none of the essential facts have been altered. We did use #12 character size from #16.) The resulting, shocking and revealing conclusions are as follows.

THE FEDERAL RESERVE BANK IS A PRIVATE COMPANY. Article 1, Section 8 of our Constitution states that Congress shall have the power to coin money and regulate the value, thereof. Today, however, the FED, which is a privately, owned company, controls and profits from coining (printing) money through the treasury, and regulating its value.

The FED began with approximately 300 people, or banks, that became owners (stockholders purchasing stock at $100 per share - stock is not publicly traded), in the Federal Reserve Banking System. They make up an international banking cartel, of wealth, beyond comparison (Reference 1, 14). The FED banking system collects billions of dollars (Reference 8, 17), in interest (usury), annually, and distributes the profits to its shareholders. The Congress gave the FED the right to print money, (through the treasury), at no usury to the FED. The FED creates money from nothing, and loans it back to us, through banks, and charges usury on our currency. The FED also buys government debt, with money printed on a printing press, and charges, U.S. taxpayers, usury. Many Congressmen and Presidents say, this is fraud (Reference 1,2,3,5,17). (Note: References are listed on page 14 of this report.)

Who actually owns the Federal Reserve Central Banks? 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 Goldman, Sachs of New York
of Italy Chase Manhattan Bank of New York
Warburg Bank of Amsterdam
(Reference 14, p.13, & Reference 12, p. 152)


These Bankers are connected to London Banking Houses, which, ultimately, control the FED. When England lost the Revolutionary War with America, they planned to control us, by controlling our banking system, with the profit, on the printing of our money, and our ever increasing debt. (Reference 4).
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