THE FEDERAL RESERVE FRAUD

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DaleSpencer

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THE FEDERAL RESERVE FRAUD

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E-Mail: NORTHSTARZONE@YAHOO.COM

The first misconception that most people have is that the Federal
Reserve Bank is a branch of the US government. IT IS NOT. THE FEDERAL
RESERVE BANK IS A PRIVATE COMPANY. Most people believe it is as
American as the Constitution. THE FACT IS THE CONSTITUTION FORBIDS
IT'S EXISTENCE. Article 1, Section 8 of the Constitution states that
Congress shall have the power to create money and regulate the value
thereof, NOT A BUNCH OF INTERNATIONAL BANKERS! Today the FED controls
and profits by printing WORTHLESS PAPER, called money, through the
Treasury, regulating its value, AND THE BIGGEST OUTRAGE OF ALL,
COLLECTING INTEREST ON IT! (THE SO-CALLED NATIONAL DEBT). 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 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: 1. Rothschild Bank of London 2. Warburg Bank of Hamburg 3.
Rothschild Bank of Berlin 4. Lehman Brothers of New York 5. Lazard
Brothers of Paris 6. Kuhn Loeb Bank of New York 7. Israel Moses Seif
Banks of Italy 8. Goldman, Sachs of New York 9. Warburg Bank of
Amsterdam 10. Chase Manhattan Bank of New York.

These bankers are connected to London Banking Houses which ultimately
control the FED. When England lost the Revolutionary War with America
where our forefathers were fighting their own government, they 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: 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.

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. 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. Congressman Wright Patman
was Chairman of the House of Representatives Committee on Banking and
Currency for 40 years. For 20 of those years, he introduced
legislation to repeal the Federal Reserve Banking Act of 1913.
Congressman Henry Gonzales, Chairman of a banking committee,
introduced legislation to repeal the Federal Reserve Banking Act of
1913 almost every year. It's always defeated, the media remains
silent, and the public never learns the truth. The same bankers who
own the FED control the media and give huge political contributions to
sympathetic members of Congress.

THE FED FEARS THE POPULATION WILL BECOME AWARE OF THIS FRAUD AND
DEMAND CHANGE. We, the People, are at fault for being passive and
allowing this to continue. THE FEDERAL RESERVE BOARD, A GOVERNMENT
BOARD, HAS CHEATED THE GOVERNMENT OF THE UNITED STATES AND THE PEOPLE
OF THE UNITED STATES OUT OF ENOUGH MONEY TO PAY THE NATIONAL DEBT
SEVERAL TIMES OVER. The depredations and the iniquities of the Federal
Reserve Board and the Federal Reserve banks acting together have cost
this country dearly.

They are private credit monopolies which prey upon the people of the
United States for the benefit of themselves and their foreign
customers; foreign and domestic speculators and swindlers; the rich
and predatory money lenders. This is an era of economic misery and for
the reasons that caused that misery, the Federal Reserve Board and the
Federal Reserve banks are fully liable. Half a million dollars was
spent on one part of propaganda organized by those same European
bankers for the purpose of misleading public opinion in regard to the
Federal Reserve Bank.WHAT MONEY LOOKED LIKE WHEN IT WAS STILL BACKED
BY SOMETHING Every effort has been made by the Federal Reserve Board
to conceal its power but the truth is the Federal Reserve Board has
USURPED THE GOVERNMENT OF THE UNITED STATES. IT CONTROLS EVERYTHING
HERE AND IT CONTROLS ALL OUR FOREIGN RELATIONS. IT MAKES AND BREAKS
GOVERNMENTS AT WILL. No man and no body of men is more entrenched in
power than the arrogant credit monopoly which operates the Federal
Reserve Board and the Federal Reserve banks. These evil-doers have
robbed this country. What the Government has permitted the Federal
Reserve Board to steal from the people should now be restored to the
people.

Our people's money to the extent of $1,200,000,000 has within the last
few months been shipped abroad to redeem Federal Reserve Notes and to
pay other gambling debts of the traitorous Federal Reserve Board and
the Federal Reserve banks. The greater part of our monetary stock has
been shipped to foreigners. Why should we promise to pay the debts of
foreigners to foreigners? Why should American Farmers and wage earners
add millions of foreigners to the number of their dependents? Why
should the Federal Reserve Board and the Federal Reserve banks be
permitted to finance our competitors in all parts of the world? The
Federal Reserve Act should be repealed and the Federal Reserve banks,
having violated their charters, should be liquidated immediately.
FAITHLESS GOVERNMENT OFFICERS WHO HAVE VIOLATED THEIR OATHS SHOULD BE
IMPEACHED AND BROUGHT TO TRIAL.

If the media is unbiased, independent and completely thorough, why
haven't they discussed the FED? Currently, half the states have at
least a grass roots movement in action to abolish the FED, but there's
no press coverage. In July, 1968, the House Banking Subcommittee
reported that Rockefeller, through Chase Manhattan Bank, controlled
5.9% of the stock in CBS. Furthermore, the bank had gained
interlocking directorates with ABC.

In 1974, Congress issued a report stating that the Chase Manhattan
Bank's stake in CBS rose to 14.1% and NBC to 4.5%. The same report
said that the Chase Manhattan Bank held stock in 28 broadcasting
firms. After this report, the Chase Manhattan Bank obtained 6.7% of
ABC, and today the percentage is most likely much greater. It only
requires 5% ownership to significantly influence the media . This is
only one of 300 wealthy shareholders of the FED. It is believed other
FED owners have similar holdings in the media. To control the media,
FED bankers call in their loans if the media disagrees with them.

Rockefeller also controls the Council on Foreign Relations (CFR), the
sole purpose of which is to aid in stimulating greater interest in
foreign affairs and a one world government. Nearly every major
newscaster belongs to the Council on Foreign Relations. The Council on
Foreign Relations controls many major newspapers and magazines.
Additionally, major corporations owned by FED shareholders are the
source of huge advertising revenues which surely would influence the
media.

Every day I hear people complaining about what they don't like about
our government and media, but not one of them are willing to put forth
an effort to try and change it, especially when it comes to their
personal lives. We are as much a slave on a personal level, as our
government is to the international bankers. We keep right on using the
tool they put out here to control us, credit cards, and we are
imprisoned by it. We are no longer willing to save up to buy
something, we have to have it right now, so the Government has made it
easy to have what you want without the having to save for it,
(CREDIT). Don't you think it funny that in a land with so much wealth,
only 2 PERCENT of the people own their homes? (CREDIT). Do you know 60
PERCENT of Americans have at least 3 Credit cards used to it's
maximum? (CREDIT). Do you know that only 1 PERCENT of the people have
their car paid for? (CREDIT). To be free, you must throw away your
credit cards, and NEVER buy anything that you cannot afford at the
moment of purchase. We will never be a free people until we rid
ourselves of the burden placed here to control us, and when we stop
renting from the powers, the power will cease to exist.

I will close with Thomas Jefferson's Warning To America : "I believe
that banking institutions are more dangerous to our liberties than
standing armies. If the American people ever allow private banks to
control the issue of their currency, first by inflation, then by
deflation, the banks and corporations that will grow up around [the
banks] will deprive the people of all property until their children
wake-up homeless on the continent their fathers conquered. The issuing
power should be taken from the banks and restored to the people, to
whom it properly belongs." Written by Jefferson in a letter to the
Secretary of the Treasury Albert Gallatin (1802).



Dale Spencer
 
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