What do you think about the Federal Reserve? Good for the country or not?
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The Federal Reserve: History of
Lies, Thievery, and Deceit
by Dr. Ken Matto
Former Congressional Candidate, 6th
District N.J.
"I place economy among the first
and most important virtues, and public debt as the greatest of dangers. To
preserve our independence, we must not let our rulers load us with perpetual
debt."
-Thomas
Jefferson
Did You Ever Wonder Why The
National Debt Keeps Going Up and Up?
One of the most ungodly and
fraudulent institutions ever perpetrated on the American people and the world,
is the Federal Reserve System which through deceit became the central bank of
the United States in 1913. The idea came about on a meeting in Jekyll Island off
the coast of Georgia in 1910. The bankers in this country, especially J.P.
Morgan, created a currency panic in 1907 in order to get the American people to
accept the idea of a central bank.
A central bank already existed in
England from as far back as 1694. The Rothschilds completely dominate the
banking system. It is estimated their wealth goes into the trillions.
Baron Nathan Mayer Rothschild
boasted:
• "I care not what puppet is placed
upon the throne of England to rule the Empire on which the sun never sets. The
man that controls Britain's money supply controls the British Empire, and I
control the British money supply."
The idea of a central bank is to so
enslave the people of the country to a debt money system that you continue to
collect taxes continuously which just covers the interest. The duped people of
the United States are paying about $400 billion dollars per year to the IRS
which is the collection agency for the Federal Reserve. By the way, the Federal
Reserve is a privately owned bank with 10 private members. The Chase Manhattan
Bank is a member which is owned by the Rockefellers who are Rothschild Agents.
I will list the ten member banks at the end of this article..
At this point the citizens of the
United States falsely owe these lemmings over 13 trillion dollars. Have you ever
asked the following question?
WHO HAS THAT MUCH MONEY TO LOAN
TO THE UNITED STATES?
- History of Lies
- During the time of the Babylonian captivity
of Judah, a man named Jacob Egibi became the founding father of modern banking.
While Judah was in captivity, Jacob began a business of loaning out money for a
rate of interest. During the Reign of King Kandalanu of Babylon (circa 648-625
B.C.) a new phenomenon appeared on the scene which Jacob Egibi played a major
part, and that was the invention of private banking. There were 2 prominent
families at this time, they were the Egibi family and the Iranu families. These
2 families are not a figment of imagination as their names have appeared in many
cuneiform tablets discovered by Archaeologists. It is believed that the Egibi
family was taken with the first captivity into Assyria and then later migrated
to Babylon. At the time of the 70 year captivity, Jacob Egibi already had an
ongoing private banking business in which he collected large sums of interest.
Now we have secular insight as to why many of the Jews did not want to return
with Nehemiah to rebuild the temple at Jerusalem.
By the time of the end of the
captivity, many of the others who were in captivity with the Egibi families
learned this evil business practice and began to set up shop. A good example of
this are the moneychangers which the Lord Jesus Christ threw out of the temple.
As a friend of mine said to me many times, "Christ drove the moneychangers from
the temple and was crucified 4 days later."
During the time of the Persian
period, loan sharking became a business where interest rates of anywhere from
30-50% were charged. As time went on, the writings of the Roman historian
Tacitus, tells us that during the reigns of Caesar Augustus (27 BC - 14 AD) and
Tiberius (14-32 AD) records of the Roman empire reveal deposits, withdrawals,
brokers fees and loans. When the western Roman Empire fell, banking continued to
thrive in Egypt, Byzantium, and the Arab nations of the Red Sea.
When the Christian era began to
take hold and the church became a powerful entity, she returned to the Old
Testament Edict of not charging usury and this idea continued up until the time
of the Renaissance when banks began appearing across Europe. To show you how
some kings despised usury, I offer 2 quotations:
...if any man is found taking
usury, his lands will be confiscated, and he will be banished from
England...
Alfred the Great, King of England;
849-901 A.D.
...If a man is found taking
usury, his lands will be confiscated. It is like taking a man's life, and it
must not be tolerated...
James 1, King of England; 1566-1625
A.D.
With the rise of international
trade which commenced at the end of the medieval period, many of the banks were
allowed to coin money for their transactions. At that time, there was no such
thing as national money and when the banks minted coins, they were all of
different value which created a dilemma for international trade. The first
"Christian" gold coins were struck by Emperor Frederick II in 1225 A.D. Then
came the "ducats'' of Portugal, the "florins" of Florence, the "agnels" of
France, and the "sequins" which became the official coins of Genoa and
Venice.
Europe then progressed from the
Feudal system and with this came trade between different nations which resulted
in foreign moneys accumulating in the various cities in Europe.
- 1694: The Year which Doomed the World's
Economies - The government of King William III was in
desperate need of money. When learning of this situation, a man named William
Patterson put together a cartel of wealthy men, of which he was the leader.
Patterson and cronies agreed to loan the King 1,200,000 pound sterling which
would have been approximately 6 million dollars at 8% interest per annum on the
condition that the king would grant 2 things:
1) He would grant Patterson and his
associates a charter which would name them "The Bank of England," and
2) This bank shall have the "sole and
exclusive right" to issue notes to the fullest extent of its capital.
The people were having a problem with their
gold and silver coins of which the bankers quickly came to the rescue. The
solution is aptly described by Professor Carroll Quigley in his book, Tragedy
and Hope:
• ...for generations men had sought
to avoid the one drawback of gold, its heaviness, by using pieces of paper to
represent specific pieces of gold. Today we call such pieces of paper "gold
certificates." Such a certificate entitled its bearer to exchange it for pieces
of gold on demand, but in view of convenience of paper, only a small fraction of
certificate holders ever did make such demands. It early became clear that gold
need be held on hand only to the amount needed to cover the fraction of
certificates likely to be presented for payment; accordingly the rest of the
gold could be used for business purposes, or, what amounts to the same thing. A
volume of certificates could be issued greater than the volume of gold
reserved for payment....Such an excess volume of paper claims against reserves
we now call bank notes. In effect, this creation of paper claims greater than
the reserves available means that bankers were creating money out of
nothing...
The King literally granted the Bank
of England the legal right to print all the money that would be used in commerce
by the people and the government. In other words the Bank of England became the
sole money source of any currency that was used in English commerce by either
the people or the government. If they needed more money, they simply printed it.
It is said that by 1698 British government owed 16 X 10 to the 6 power pounds
sterling to the Bank of England. Keep in mind this was only 4 years.
- 1773: The Second Date of
Infamy - In 1773, a wealthy goldsmith and coin dealer
named Mayer Amschel Bauer (1743-1812) summoned 12 wealthy and influential men to
his place of business in Frankfurt, Germany. His purpose for the meeting was to
impress upon these men that if they pooled their resources, it was possible to
gain control of the wealth, natural resources, and manpower of the entire world.
He then outlined a 25 point plan on how to accomplish it.
The plan was put into operation and
evidentiary information exists that Bauer aligned himself with Adam Weishaupt
who was the founder of the Illuminati whose aim was and still is world
domination. Bauer later changed his name to Rothschild which means "red shield."
He took it from the red sign which hung outside his place of business. The eagle
was clutching 5 golden arrows in its claws. It was supposed to symbolize his
five sons. Presently the red shield represents the official coat of arms of the
city of Frankfurt, Germany.
Later on each of the five sons were
dispatched to a major city in Europe to establish a branch of the Rothschild
banking firm.
Son #1 - Amschel - Remained in
Frankfurt and propelled Germany to financial success under Bismarck.
Son #2 - Salomon - Went to Vienna,
Austria. he became a leader in the Austria-Hungary Empire.
Son #3 - Nathan Mayer - Went to
England where he took control of the Bank of England.
Son #4 - Carl - Went to Naples
where he became the most powerful man in Italy through his banking
skills.
Son #5 - James Jacob - Went to
Paris where he established the central bank. He was credited with dominating the
financial destiny of the nation of France.
By 1850, the House of Rothschild
represented more wealth than all the families of Europe. Shortly after he formed
the Bank of England, William Patterson lost control of it to Nathan Rothschild
and here is how he did it:
• Nathan Rothschild was an observer
on the day the Duke of Wellington defeated Napoleon at Waterloo, Belgium. He
knew that with this information he could make a fortune. He later paid a sailor
a big fee to take him across the English Channel in bad weather. The news of
Napoleon's defeat would take a while to hit England. When Nathan arrived in
London, he began selling securities and bonds in a panic. The other investors
were deceived into believing that Napoleon won the war and was eyeing England so
they began to sell their securities too. What they were unaware of is that
Rothschild's agents were buying all the securities that were being sold in
panic. In one day, the Rothschild fortune grew by one million pounds. They
literally bought control of England for a few cents on the dollar. The same way
the Rockefeller's went into Japan after World War 2 and bought everything 10
cents on the dollar. SONY=Standard Oil New York, a
Rockefeller Company.
Frederick Morton wrote in his book,
The Rothschilds:
• "...the wealth of the Rothschilds
consists of the bankruptcy of nations."
There were other wealthy families
in Europe and America which were allowed to join "the international banking
club" such as John D. Rockefeller and John Pierpont Morgan.
- Early American Wisdom
- The Americans had won their political
independence but their financial independence was in jeopardy. The international
bankers had an agent in place and his name was Alexander Hamilton who wanted a
central bank. Thomas Jefferson lobbied vehemently against the central bank
stating it was contrary to the Constitution. However, a central bank was formed
in 1781 known as the Bank of North America which was patterned after the Bank of
England. The colonists wanted nothing to do with it so it folded in 1790. The
international bankers countered the closing of the Bank of North America by
gaining a charter for the Bank of the United States which was chartered on
February 25, 1791. The Bank of France desired the formation of the US Bank also
and it was chartered for 20 years.
In 1826, the second bank's charter
was soon to expire and presidential candidate Andrew Jackson campaigned strongly
against a central bank which was owned and operated by the international banking
element. Here is Jackson's opinion of those bankers:
• "You are a den of vipers. I
intend to wipe you out, and by the Eternal God I will rout you out...If people
only understood the rank injustice of the money and banking system, there would
be a revolution by morning."
In 1836, the charter did expire but that was
not the end of the international banking influence in this country. The Civil
War was planned in England as far back as 1809. Slavery was not the real cause
of the Civil War. The Rothschilds (who were heavy into the slave trade) used the
slavery issue as "a divide and conquer strategy" which almost split the United
States in two. The Bank of England financed the North while the Paris branch of
the Rothschild bank funded the South. In 1863, the National Banking Act was
passed despite protest by President Lincoln. This act allowed a private
corporation the authority to issue our money.
- Enter 1913
- In November of 1910, some of these vultures
came together at the Jekyl Island Hunt Club on Jekyl Island, Georgia. What were
they hunting? The biggest prize of all, the absolute and complete control of all
the money in America which means control of all America and with it the power to
make slaves of all the people.Those who attended were: Senator Nelson
Aldrich (Nelson Rockefeller's maternal grandfather); A. Piatt Andrew, Economist
and Assistant Secretary of the Treasury; Frank Vanderlip, President of the
National City Bank of New York; Henry P. Norton, President of Morgan's First
National Bank of New York; Paul Moritz Warburg, a German who was partner in the
New York banking house of Kuhn, Loeb Co.; Benjamin Strong, an aid to J. P.
Morgan.Paul Warburg was credited as the architect of
the bill which was passed by Congress and signed by traitorous Woodrow Wilson.
It was entitled the Federal Reserve Act of 1913. America once again had a
central bank but this time they had placed America under an absolute
dictatorship. President James Garfield had insight into this
situation:• "It must be realized that whoever
controls the volume of money in any country is absolutely master of all industry
commerce."The Federal Reserve was incorporated in 1914
and has been creating a completely unnecessary national debt ever since. In
simple terms, the Fed creates money as debt. They create money out of thin air
by nothing more than a book entry. Whenever the members of the Fed make any
loans, that debt money is our money supply.The United States went bankrupt in 1938
because of this system. It took the Fed only 25 years to bankrupt the USA. Can
you imagine how little time it would take these vultures to bankrupt a
developing nation? The American people are paying about $300 billion dollars a
year in interest to this phony organization. When you look in the Washington,
D.C. phone book, you will not find the Federal Reserve in the Government section
as they are a private concern.The national debt is increased about $1.71
billion dollars every day (as of October 12, 2004) . Have you taken a look at
your money? It says "Federal Reserve Note" which means it is an instrument of
debt. There is no real money in circulation. - In November of 1910, some of these vultures
- The Assassination of President
Kennedy - One of the greatest coverups in history was
the Killing of the President. If you believe the Mafia did it, then I have ocean
front land in Kansas for you to buy. President Kennedy was murdered over money,
$4 billion dollars worth. You see, he had printed $4 billion worth of
non-interest bearing money which meant he began to chop at the profits of the
vultures. Interest free money means the national debt is eliminated and the
power of the international banking element is broken. So to prevent Kennedy from
abolishing the illegal Fed, he was assassinated. Coincidence? As soon as the
traitor Johnson was in office, he recalled all the debt free notes and continued
our country in the same path of ruin. There, the mystery of the killing is over.
Just follow the trail of the money. -
- War
- Now that the Federal Reserve was firmly in
place, schemes had to be constructed to get the government to borrow so a
continuously growing national debt would happen. So here are some coincidences:
The Federal Reserve is created in 1913, then in 1914 we have World War 1. Right
at the end of World War 1, we have a depressed economy especially in the Weimar
Republic where 2 billion marks could buy a loaf of bread. In 1917, we had the
Bolshevik revolution in Russia. A man named Lord Alfred Milner was a front man
and paymaster for the Rothschilds in Petrograd during the revolution. He later
headed a secret organization called The Round Table which was dedicated to a one
world government run by wealthy financiers under socialism.Then, lo and behold, in the 1920's we see a
little known corporal with 12 men meeting in a beer hall in Munich while in
America the Roaring 20's were in progress until October, 1929. Then the Federal
Reserve withheld money from circulation so bills could not be paid, while
simultaneously they were calling in all their loans which caused the stock
market to crash. By 1932 the price of stocks had plummeted 80%. When the bankers
plunged this nation into a depression on that fateful day in October, at the New
York Stock Exchange was a visitor, his name was Winston Churchill who stated
after the crash of '29, "Now I know who wields the real power." The key to
understanding the Great Depression is to realize that when the Federal Reserve
had contracted the money supply, there was not enough money in circulation to
pay bills, to hire people, to pay back loans, etc. The crash of the stock
market was the symptom but the cause was the Fed restricting the money supply.
This is their weapon which is used today. When they flood the country with
money, this causes inflation.Then we come into the 1930's and the rise of
Hitler. Hitler was also funded by Wall Street through the Industrialist I.G.
Farben. Let's test the theory of follow the money. Here is a little known
corporal with no money meeting in a beer hall in Munich with only about 12 men.
In a seriously depressed and defeated country, there begins to rise another
military dictatorship. By 1934 the Nuremberg Rallies were in place and Germany
was rebuilt. In that countries' economy who had that much money to rebuild
Germany into a powerful country which marched across Europe and almost defeated
Russia in the first 24 hours of Case White (The invasion of Russia)? The answer
is the bankers of the USA and England. In fact, a banker named Bernard Baruch
was President Roosevelt's personal advisor during World War 2. Baruch made $200
million dollars as a result of World War 2. During WW2 the Rockefellers were
selling oil to the Germans from their Standard Oil concern in
Argentina.The Council on Foreign Relations (CFR) was
formed in 1919 in Paris, France by Colonel Edward Mandell House who was known as
Woodrow Wilson's alter ego. The CFR was and still is dedicated to the one world
rule under a new world order. In fact, every war has been planned by the CFR.
Every American President since 1919 has had their cabinet filled with CFR
members. Also our traitorous Presidents fill their cabinets with not only CFR
members but those of the Trilateral Commission, the Bilderbergers, the Yale
Fraternity of the Skull and Bones (George Bush was a member of this).These members insure that the will of the
bankers are done, even if the President is not a member of any group. After WW2,
was fought another war was created known as the Korean War (which was started by
a phone call from John Foster Dulles), then the Vietnam War. During the
Vietnamese War, the Rockefellers had a metals processing plant going full blast
in North Vietnam. The Rockefellers have the blood of thousands of Americans on
their hands because of their supplying the Russians with weapons and metals. The
North Vietnamese received their weapons from Russia. The only reason these rats
are never indicted for treason, is because since WW2 there has never been a
declared war which means if we have no official enemy, there can be no aiding
the enemy AKA treason.Presently we have skirmishes such as the Gulf
War of 1990 which was an experiment by the New World Order crowd to see how fast
they can assemble an army in case a country does not choose to obey the dictates
of the banker bosses. Of course funding for the gulf war came from borrowing
money from the Fed. Wherever you hear of a limited war, or some type of
political destabilization, think of the money trail. Wars are started in foreign
countries, then our President goes there and gives millions of dollars of
borrowed money which normally goes into the pockets of the dictators. Nowhere in
our Constitution is it written that our government is to borrow money and give
it away.At this point I want you to click on the
following web site and see the reality of the death of America: The Debt Clock - Now that the Federal Reserve was firmly in
- Final Thoughts
- The American economy has been sucked dry by
the Federal Reserve System. Americans think they own property but the truth is
the entire United States has been mortgaged to the bankers. The Rothschilds and
Rockefellers become richer while the peoples of the world become poorer. The
International Monetary Fund and the World Bank are also designed to loan money
to developing nations with the understanding that they will never be able to
repay so with every loan made to a country, it becomes their death knell. The
entire world has been plunged into a debt economy which means 6 billion people
are in debt to about 250 men. But keep in mind that all their wealth is phony
because it is created money without any gold backing.I really laugh when Wall Street bows down to
Ben Bernanke who is nothing more than a boot licker of the International Banking
element who takes his orders by phone too. So many people rejoice when the
Federal Reserve has a policy meeting and no interest rate increase happens. The
truth is that we should never have a Federal Reserve to begin with. They print
money, loan it into circulation, and the American people are strapped with more
debt.I remember leaving materials on the Federal
Reserve at a meeting of Concerned Women for America. The next day I went back
and not one copy was taken. The reason given me was because it was not approved
material. Groups like Concerned Women for America and the Christian Coalition
and Rush Limbaugh are something known as controlled opposition. They are allowed
to exist as long as they do not bring up the real issues. If they stick to the
created liberal Democrat Vs. conservative Republican agenda, they can exist and
the bankers will even make them famous. But you will never hear a Beverly
LaHaye, Tim LaHaye, Jim Dobson, Billy Graham, Gary Bauer, or any other famous
Christians ever tackle the real issues like the illegal Fed which causes all the
poverty in every country. If these people would think for a minute that if $350
billion dollars a year was not being sucked out of the economy and was used for
the people in this country, we would surely have enough to help other nations
and our own problems. Crime would almost be non-existent with a monetized money
system. The Great Commission would also be funded without worrying if there will
be enough left over to feed the children.- THE TEN MEMBER BANKS OF THE FEDERAL RESERVE
- All owned by the Rothschilds
- 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
*In 1977 Kuhn Loeb and Lehman Brothers merged to create Kuhn Loeb, Lehman
Brothers, Inc. - Warburg Bank of Hamburg
- A Warning to the bankers and
their sycophants!- There is a God in Heaven which you have
spurned and ignored and He has allowed you, in His plan, to pull this Fed scam
on the stupid and indolent American people. There is coming a day, and very soon
in which all of you will stand before Christ and be cast into an eternal hell.
Every secret deal you made, every war which killed innocent children and young
men and women, you will give account for. You will have no power nor excuse.
Many of your colleagues are awaiting the judgment right now and they will weep,
as you will, realizing that for a few years of luxurious living, an eternal hell
is awaiting. That is the interest you will pay.For an excellent presentation on the entire history of usury leading to the
illegal Federal Reserve System, go to: http://www.themoneymasters.com/
"The Creature from Jekyll Island" by G. Edward Griffin is
http://usawatchdog.com/the-perfect-no-prosecution-crime/http:...
probably the best book on the Federal Reserve and the banking system of the
world. He covers what a bailout really is? He covers the International
Monetary Fund and the World Bank. He also covers the reality of how Socialism
ruins a country and destroys a countries' economy by removing wealth from the
wealthier countries and giving it to the poorer countries. These poorer
countries use the money to boost the size of their government and the reality is
that the people never see one penny of the money which is given to these
dictators in small countries. The International Banking system is designed to
reduce the wealth of our nation and reduce our living standard. This book will
help you understand what is really happening at the present time. It is not
chance but a planned destruction of the United States to bring it into the New
World Order as a reduced third world nation. If you don't think this is
happening now, then go back and watch your sports...........http://www.scionofzion.com/federalreserve.htm
What do you think? Crazy, scary the whole nine yards? Feedback? Sorry for the length but I thought it was important to share this- Red. - There is a God in Heaven which you have
Now ask a question - Where is the Federal Government of the United States
listed and how much does it get? I will answer it for you, it is not listed
because the Federal Reserve is private and it receives nothing.WAKE UP PEOPLE!!! WAKE UP!!! THE FEDERAL
RESERVE IS ILLEGAL AND OUR IMPOTENT CONGRESS REFUSES TO DO WHAT IS RIGHT AND
ABOLISH THE FED. THEY WOULD RATHER ALLOW US TO REMAIN IN BONDAGE FOREVER.
DEMOCRATS AND REPUBLICANS ARE BOTH USELESS ENTITIES BECAUSE THEY ARE BOTH BOUGHT
AND PAID FOR BY THE BANKERS.I PERSONALLY WILL VOTE CONSTITUTION PARTY. THERE IS AN
ALTERNATIVE YOU INDOLENT AMERICAN.
THE
NATIONAL DEBT IS PHONY!!! - The American economy has been sucked dry by
















That, right there, is the real and prime issue we're having in this Nation. It is not 'inflation', it is not simply 'greed', it is the fact that our actual value and purchasing-power of every Dollar has been severely devalued in and of itself, all other factors are secular. Add on top of that inflation and greed, and you begin to see the bigger picture. This is the primary reason why we will NEVER be able to get out of debt and this was by design to serve just such an end as this.
Another way to explain this:
That all said, what we are going to experience soon is the fate of ALL Nations who put themselves onto a fiat currency backed by absolutely nothing but perpetual debt, rather than with keeping their sound money (gold, silver, gems etc).
And yes, it infuriates me too.
He's incredibly smart. His children have gone one to be key people in life.
He told me, over lunch one day (that is the agreement between us: I do his website for free and he treats me to lunch sometimes) that the Fed has "saved our bacon many times in the past". I have no reason to doubt him, since he knows more about it than the average Joe on Sodahead.
Only tiny countries have no form of central banking. Every serious country has a federal reserve.
"The FED is printing ghost money." What does that mean?
The interest rates are low to promote lending.
The FED has nothing to do with government spending. Congress does.
The banks have tightened up lending. They should have long ago and we wouldn't of had the banking crisis.
Why would THEY unleash inflation unto us?
Let me guess you get all your info from Ron Paul.