-Caveat Lector-
In case you are interested, the below, is a false report and
also inacurate about who owns the fed.
Joshua2
----------------------------------
"Ronald L. Wilson." wrote:
>
> -Caveat Lector-
>
> Subj: "Federal Reserve System"
> Date: 6/9/99 4:07:33 PM EST
> From: Ww2vet2
> To:[EMAIL PROTECTED]
>
> Someone sent me this "brief history of the Federal Reserve System"
> I pass it on for your information.
>
> Amendment 16 (income tax) was passed by Congress in 1913.
> During this same year Congress created the Federal Reserve Bank (FED).
> Eight "families" immediately bought all the stock (Rothchilds of Europe,
> Lazards of Paris, Israel Moses Seifs of Italy, Warburgs of Germany, and
> the Lehmans, Kuhn-Loebs, Goldman-Sacks, and the Rockefellers, all of
> New York). A total of 76% of the FED is owned by foreigners. When the
> FED put money into circulation gold and silver were needed in the reserve
> to be paid on demand to anyone with a gold or silver certificate (money).
> In 1933 we came off the gold standard and in 1963 we came off
> the silver standard. As a result, today we have a private group of bankers
> in control of printing our money. They (the eight families) charge the U.S.
> tax payers 2.5 cents per bill ($l, $5, $10, $20, $50, $100). These private
> bankers then loan us this money at face value plus interest. By 1989 our
> debt to the FED was more than 3 trillion dollars. A person counting a
> $1,000 bill each second would take 399 years to reach
> $3,000,000,000,000. Every hour the interest on a 3 trillion dollar national
> debt is $29,092,470 ... about 52 cents of every tax dollar goes to pay off
> (to the eight families) the interest on this phony debt.
> During the 1920's the FED began loaning money to the public to
> invest in small businesses and the Stock Market. This began a period of
> great prosperity for the American people, known as the "Roaring 20's".
> Then in 1928 the "eight families" pulled their money out of the Stock
> Market and at the same time made it difficult for we the people to borrow
> money. This created a recession making it necessary for people to pull
> money out of the Stock Market in order to survive. The Stock Market
> came crashing down. The "Great Depression" was born. The next move
> for the "eight families" was to go back to the Stock Market and buy up
> companies for pennies on the dollar. Since that first great experiment to
> control this country's wealth the FED has been manipulated for profit from
> inflation and deflation in 1932, 1937, 1957, 1966, 1970, 1976, 1982, and
> in our present recession. As the FED (the eight families) grow ever richer
> and more powerful, Americans go broke.
> Free Enterprise is what made America great. Do not confuse this
> with "Capitalism". These "eight families", and others of the super elite,
> with all of their capital do not like Free Enterprise. They are driven to own
> and control everything they can, and they do not like competition. The
> graduated income tax is enforced on the American people to keep small
> business and the public from ever being able to compete with them.
> Meanwhile the "eight families", and the super elite, set themselves up in
> Pure Trusts, and BTO / UBO's to become exempt from paying the tax they
> initiated on the American people. Today a mere 1% of the population
> controls 90% of our country's wealth.
> WHATS THE ANSWER? "We the people" can get back control
> of our printing presses. Section 31 of the "Federal Reserve Act" allows
> Congress all of the clout needed to terminate the FED. The Government
> could then print up U.S. Treasury Notes based on the amount of consumer
> goods and services needed. They could loan the States and the people
> money at 4% interest, avoiding the FED's usury ... which has taken away
> America's hope for a brighter future. The incredible power and influence
> of the controlling 1% is not likely going to allow this to happen.
>
> FOR MORE DETAILED INFORMATION ABOUT THE PRIVATELY
> OWNED FEDERAL RESERVE SYSTEM SEE:
> http://www.badgersden.com/ra/rafiles/fedhist.htm
>
> Also, (The National Center for Constitutional Studies
> offers complete information. phone: 1-800-365-1776) [wc=640]
>
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DECLARATION & DISCLAIMER
==========
CTRL is a discussion and informational exchange list. Proselyzting propagandic
screeds are not allowed. Substance�not soapboxing! These are sordid matters
and 'conspiracy theory', with its many half-truths, misdirections and outright
frauds is used politically by different groups with major and minor effects
spread throughout the spectrum of time and thought. That being said, CTRL
gives no endorsement to the validity of posts, and always suggests to readers;
be wary of what you read. CTRL gives no credeence to Holocaust denial and
nazi's need not apply.
Let us please be civil and as always, Caveat Lector.
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Archives Available at:
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