FEDERAL RESERVE BANK OWNS YOU!
1. The American people like to think that we have a
"democratic system", but there is nothing "democratic"
about the Federal Reserve.
2. The Federal Reserve has far more power over the
U.S. economy than anyone else does by a huge margin.
3. It's purpose -- Creating a system of money that
was created by the bankers and that operates for the benefit of the bankers.
4. The Fed is the biggest Ponzi scheme in the
history of the world, and if the American people truly understood how it really
works, they would be screaming for it to be abolished immediately.
5. The greatest period of economic growth in U.S.
history was whenthere was no central bank.
6. The United States never had a persistent, ongoing
problem with inflation until the Federal Reserve was created.
7. The value of the U.S. dollar has declined by more
than 95 percent since the Federal Reserve was created nearly 100 years ago.
8. The following comes directly from the Fed's
official mission statement: "To provide the nation with a safer, more
flexible, and more stable monetary and financial system. Over the years, its
role in banking and the economy has expanded."
9. It was not an accident that a permanent income
tax was also introduced the same year when the Federal Reserve system was
established. The whole idea was to transfer wealth from our pockets to the
federal government and from the federal government to the bankers.
10. Within 20 years of the creation of the Federal
Reserve, the U.S. economy was plunged into the Great Depression.
11. There have been 10 different economic recessions
since 1950. The Federal Reserve created the "dotcom bubble", the
Federal Reserve created the "housing bubble" and now it has created
the largest bond bubble in the history of the planet.
12. According to an official government report, the
Federal Reserve made 16.1 trillion dollars in secret loans to the big banks
during the last financial crisis.
13. The Federal Reserve also paid those big banks
$659.4 million in fees to help "administer" those secret loans.
14. The Federal Reserve has created approximately
2.75 trillion dollars out of thin air and injected it into the financial system
over the past five years. This has allowed the stock market to soar to
unprecedented heights, but it has also caused our financial system to become
extremely unstable.
15. We were told that the purpose of quantitative
easing is to help "stimulate the economy", but today the Federal
Reserve is actually paying the big banks not to lend out 1.8 trillion dollars
in "excess reserves" that they have parked at the Fed.
16. Quantitative easing overwhelming benefits those
that own stocks and other financial investments. In other words, quantitative
easing overwhelmingly favors the very wealthy. Even Barack Obama has admitted
that 95 percent of the income gains since he has been president have gone to
the top one percent of income earners.
17. The gap between the top one percent and the rest
of the country is now the greatest that it has been since the 1920s.
18. The Federal Reserve openly admits that the 12
regional Federal Reserve banks are organized "much like private
corporations".
19. The regional Federal Reserve banks issue shares
of stock to the "member banks" that own them.
20. Today, the five largest U.S. banks hold 52 percent
of all U.S. banking industry assets.
21. The Federal Reserve is supposed to
"regulate" the big banks, but it has done nothing to stop a 441
trillion dollar interest rate derivatives bubble from inflating which could
absolutely devastate our entire financial system.
22. The Federal Reserve was designed to be a
perpetual debt machine. The bankers that designed it intended to trap the U.S.
government in a perpetual debt spiral from which it could never possibly
escape. Since the Federal Reserve was established nearly 100 years ago, the
U.S. national debt has gotten more than 5000 times larger.
23. The U.S. government will spend more than 400
billion dollars just on interest on the national debt this year.
24. There are plenty of possible alternative
financial systems, but at this point all 187 nations that belong to the IMF
have a central bank.
25. Now, are we suppose to believe that this is all
just a coincidence? Think again.
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