-Caveat Lector-

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The Federal Reserve Bank is a Private Company
[  http://www.myfreeoffice.com/pef/B3fed2.html  ]

Excerpts from Thomas D. Schauf

"Global production is not beginning to employ the growing
number of
people who want jobs. Even those with jobs find that the
pressures of
globalization are pushing wages down....This flow (of
money), coupled
with the ease with which companies move jobs around the
globe, has
shattered the ability of national governments to control
their own
economies....The trends can only accelerate...(resulting in)
even moral
outrage...where traditional ways of life are under assault
by
international forces. This understandable reaction, by
people who have
lost control of their lives to vast impersonal forces, is
not more than
a futile gesture in a world where no country can afford the
luxury of
dropping out."
R.C. Longworth - Chicago Tribune senior writer (March 27,
1994) in a
review of Global Dreams: Imperial Corporations and the New
World Order
 by Richard Barnet and John Cavanagh



Article 1, Section 8 of the Constitution states that
Congress shall have
the power to coin (create) money and regulate the value
thereof. Today
however, the FED, which is a privately owned company,
controls and
profits by 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 - the stock
is not
publicly traded) in the Federal Reserve Banking System. They
make up an
international banking cartel of wealth beyond comparison.
The FED
banking system collects billions of dollars (Reference 8,
17) in
interest annually and distributes the profits to its
shareholders. The
Congress illegally gave the FED the right to print money
(through the
Treasury) at no interest to the FED. The FED creates money
from nothing,
and loans it back to us through banks, and charges interest
on our
currency. The FED also buys Government debt with money
printed on a
printing press and charges U.S. taxpayers interest. Many
Congressmen and
Presidents say this is fraud.
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 of Italy
Goldman, Sachs of New York
Warburg Bank of Amsterdam
Chase Manhattan Bank of New York
(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
(our forefathers were fighting their own government), they
(the
Banksters) planned to control us by controlling our banking
system, the
printing of our money, and our debt.
The individuals listed below owned banks which in turn owned
shares in
the FED. The banks listed below have significant control
over the New
York FED District, which controls the other 11 FED
Districts. These
banks also are partly foreign owned and control the New York
FED
District Bank. (Reference 22)
First National Bank of New York
James Stillman National City Bank, New York
Mary W. Harnman
National Bank of Commerce, New York
A.D. Jiullard
Hanover National Bank, New York
Jacob Schiff
Chase National Bank, New York
Thomas F. Ryan
Paul Warburg
William Rockefeller
Levi P. Morton
M.T. Pyne
George F. Baker
Percy Pyne
Mrs. G.F. St. George
J.W. Sterling
Katherine St. George
H.P. Davidson
J.P. Morgan (Equitable Life/Mutual Life)
Edith Brevour T. Baker
(Reference 4 for above, Reference 22 has details, P. 92, 93,
96, 179)
How did it happen? After previous attempts to push the
Federal Reserve
Act through Congress, a group of bankers funded and staffed
Woodrow
Wilson's campaign for President (They also funded Teddey
Roosevelt in
order to split the Republican Party vote to ensure Wilson's
victory). He
had committed to sign this act. In 1913, a Senator, Nelson
Aldrich,
maternal grandfather to the Rockefellers, pushed the Federal
Reserve Act
through Congress just before Christmas when much of Congress
was on
vacation. When elected, Wilson passed the FED. Later, Wilson
remorsefully replied (referring to the FED), "I have
unwittingly ruined
my country".
Now the banks financially back sympathetic candidates. Not
surprisingly,
most of these candidates are elected.
The bankers employ members of the Congress on weekends
(nickname T&T
club -out Thursday...-in Tuesday) with lucrative salaries.
Additionally,
the FED started buying up the media in the 1930's and now
owns or
significantly influences most of it.
Presidents Lincoln, Jackson, and Kennedy tried to stop this
family of
bankers by printing U.S. dollars without charging the
taxpayers
interest. Today, if the government runs a deficit, the FED
prints
dollars through the U.S. Treasury, buys the debt, and the
dollars are
circulated into the economy. 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. The FED's books are not
open to the
public. Congress has yet to audit it.
WHO CONTROLS WHO?
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