The Coming Economic Collapse And The Next Great Depression

The Coming Economic Collapse And The Next Great Depression
The forgotten man painting by McNaughton (click image for video) I believe this image best exemplifies where we stand today, pun intended.

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Tuesday, April 17, 2012

Federal Reserve Banking System


Source: NESARA News












Now that we know the Federal Reserve is a privately owned, for-profit corporation, a natural question would be: who OWNS this company? Peter Kershaw provides the answer in “Economic Solutions” where he lists the ten primary shareholders in the Federal Reserve banking system.

1) The Rothschild Family – London

2) The Rothschild Family – Berlin

3) The Lazard Brothers – Paris

4) Israel Seiff – Italy

5) Kuhn-Loeb Company – Germany

6) The Warburgs – Amsterdam

7) The Warburgs – Hamburg

8 ) Lehman Brothers – New York

9) Goldman & Sachs – New York

10) The Rockefeller Family – New York

Now I don’t know about you, but something is terribly wrong with this situation. Namely, don’t we live in AMERICA? If so, why are seven of the top ten stockholders located in FOREIGN countries? That’s 70%! To further convey how screwed-up this system is, Jim Marrs provides the following data in his phenomenal book, “Rule By Secrecy.

“He says that the Federal Reserve Bank of New York, which undeniably controls the other eleven Federal Reserve branches, is essentially controlled by two financial institutions:

1) Chase-Manhattan (controlled by the Rockefellers) – 6,389,445 shares – 32.3%

2) Citbank – 4,051,851 shares – 20.5%

Thus, these two entities control nearly 53% of the New York Federal Reserve Bank. Doesn’t that boggle your mind? Now, considering how many trillions of dollars are involved here, and how the bankers are WAY above our “selected” officials in Washington, D.C., do you think the above-listed banks and families have an inordinate amount of say-so in how our country is being run? The answer is blindingly apparent.

Where does the money come from?

We all know that the Federal Reserve CORPORATION prints money – then loans it, at interest, to our government. But wait until you see what a total scam this process is. But before we get to the meat of this issue, let’s remember one thing about the very essence of banking – primarily that money should have some type of standard upon which its value is based. In the case of America, we operate on what is called a “gold standard” (i.e. our money is backed by gold).

So, with that in mind, let’s look at how money is actually created, and at what cost. If the Federal Reserve wants to print 1,000 one-hundred ($100) bills, their total cost for ink, paper, plates, labor, etc. would be approximately $23.00 (according to Davvy Kidd in “Why A Bankrupt America”). Now, if you do the math, the total cost of 10,000 bills would be $230.00 ($.023 x 10,000). But, and here’s the catch – 10,000 $100 bills equals $1,000,000! So, the Federal Reserve can “create” a million dollars, then LEND it to the U.S. Government (with interest) for a total cost of $230.

00! That’s not a bad deal, huh!

The banking industry calls this process “seignorage.” I call it outright THEFT. Why? Well, regardless of the immense profit margin ($1,000,000 for $230), plus the huge interest payments, our government then needs to STEAL the American people’s money to payoff their debts via a Mob-like agency called the IRS. So the bankers steal from the government, then the government turns around and steals from the people. I’m no genius, but who do you think is getting screwed in this process? US – the people at the bottom rung of the ladder.

What’s worse is that – now catch your breath – there’s NO MORE gold left in Fort Knox! It’s all gone. In other words, the GOLD STANDARD that our financial system was based upon is now an illusion. We can’t convert our money into gold — only other currency. The entire underlying basis for our money is now a lie – a sham. The Federal Reserve has become so arrogant that they’ve become a literal MONEY MAKING MACHINE, creating currency out of thin air! So that’s where the Fed gets their money – they literally make it, then lend it to us so they can make even MORE money off of it.

Money As A Religion

The above-detailed process has become so ridiculous that William Grieder, former assistant managing editor of the Washington Post, wrote a book in 1987 entitled, “Secrets of the Temple: How the Federal Reserve Runs the Country” that details how the Controllers have conditioned us to accept this absurd situation.

To modern minds,” he writes, “it seemed bizarre to think of the Federal Reserve as a religious institution. Yet the conspiracy theorists, in their own demented way, were on to something real and significant. The Fed did also function in the realm of religion. Its mysterious powers of money creation, inherited from priestly forebears, shielded a complex bundle of social and psychological meanings. With its own form of secret incantation, the Federal Reserve presided over awesome social ritual, transactions so powerful and frightening they seemed to lie beyond common understanding.

Mr. Grieder continues, “Above all, money was a function of faith. It required implicit and universal social consent that was indeed mysterious. To create money and use it, each one must believe, and everyone must believe. Only then did worthless pieces of paper take on value.

Do you get it? MONEY is an ILLUSION! Why? Because the gold standard upon which our money is supposed to be based has been eliminated. There’s no more gold in Fort Knox. It’s all GONE! Now, money really IS only paper!!! In the past, money was supposed to represent something of tangible value.

Now it’s simply paper!

Taken one step further, many of us don’t even use paper money any more! Why? Well, here’s a scenario. Many places of employment directly deposit their employee’s paychecks into the bank. Once the money is there, when bill time comes around, the person in question can write out a stack of checks to pay them. Plus, when they need gasoline they use a credit card; and groceries a debit card. If this person goes out for dinner on Friday night, they can charge the tab on their diner’s card. But what about the tip? They simply scribble in the amount at the bottom of the check. So far, the person hasn’t spent a single dollar bill. Plus, if you bring electronic banking into the picture, we’ve virtually eliminated the use for money.

And, God forbid, what happens when encoded microchips are implanted into the backs of our hand?

In essence, money has become nothing more than an illusion – an electronic figure or amount on a computer screen. That’s it! As time goes on, we have an increasing tendency toward being sucked into this Wizard of Oz vortex of unreality. Think about it. Americans as a whole are carrying more personal debt than in any other time in history. Plus our government keeps going further and further into the hole, with no hope of ever crawling out. But we have less and less actual MONEY! We’re being enslaved by the debt of electronic blips on a computer screen! And 70% of the banks that control this debt via the Federal Reserve exist in foreign countries! What in God’s name is going on? As author William Bramley says, “The result of this whole system is MASSIVE debt at every level of society.

We’re getting screwed in a sickening way, folks, and the people doing it are demented magician-priests that use the ILLUSION of money as their control device. And I hate to say it, but if we allow things to keep going as they are, the situation will only get worse. Our only hope … ONLY HOPE … is to immediately take drastic action and remedy this crime.

Aaron Russo on The Federal Reserve & How to Shut it Down

let the Truth be known..
let’s abolish the federal reserve, please
please

Historical Outline

1st: Martial Law is declared by President Lincoln on April 24th, 1863, with General Orders No. 100; under martial law authority, Congress and President Lincoln institute continuous martial law by ordering the states (people) either conscribe troops and or provide money in support of the North or be recognized as enemies of the nation; this martial law Act of Congress is still in effect today. This martial law authority gives the President (with or without Congress) the dictatorial authority to do anything that can be done by government in accord with the Constitution of the United States of America. This conscription act remains in effect to this very day and is the foundation of Presidential Executive Orders authority; it was magnified in 1917 with The Trading with the Enemy Act (Public Law 65-91, 65th Congress, Session I, Chapters 105, 106, October 6, 1917). and again in 1933 with the Emergency War Powers Act, which is ratified and enhanced almost every year to this date by Congress. Today these Acts address the people of the United States themselves as their enemy.

2nd: The District of Columbia Organic Act of 1871 created a “municipal corporation” to govern the District of Columbia. Considering the fact that the municipal government itself was incorporated in 1808, an “Organic Act” (first Act) using the term “municipal corporation” in 1871 can only mean a private corporation owned by the municipality. Hereinafter we will call that private corporation, “Corp. U.S.” By consistent usage, Corp. U.S. trademarked the name, “United States Government” referring to themselves. The District of Columbia Organic Act of 1871 places Congress in control (like a corporate board) and gives the purpose of the act to form a governing body over the municipality; this allowed Congress to direct the business needs of the government under the existent martial law and provided them with corporate abilities they would not otherwise have. This was done under the constitutional authority for Congress to pass any law within the ten mile square of the District of Columbia. Follow this link to see the effect of the District of Columbia Act of 1871.

3rd: In said Act, Corp. U.S. adopted their own constitution (United States Constitution), which was identical to the national Constitution (Constitution of the United States of America) except that it was missing the national constitution’s 13th Amendment and the national constitution’s 14th, 15th and 16th amendments are respectively numbered 13th, 14th and 15th amendments in the Corp. U.S. Constitution. At this point take special notice and remember this Corp. U.S. method of adopting their own Constitution, they will add to it in the same manner in 1913.

4th: Corp. U.S. began to generate debts via bonds etc., which came due in 1912, but they could not pay their debts so the 7 families that bought up the bonds demanded payment and Corp. U.S. could not pay. Said families settled the debt for the payments of all of Corp. U.S.’ assets and for all of the assets of the Treasury of the United States of America.

5th: As 1913 began, Corp. U.S. had no funds to carry out the necessary business needs of the government so they went to said families and asked if they could borrow some money. The families said no (Corp. U.S. had already demonstrated that they would not repay their debts in full). The families had foreseen this situation and had the year before finalized the creation of a private corporation of the name “Federal Reserve Bank”. Corp. U.S. formed a relationship with the Federal Reserve Bank whereby they could transact their business via note rather than with money. Notice that this relationship was one made between two private corporations and did not involve government; that is where most people error in understanding the Federal Reserve Bank system—again it has no government relation at all. The private contracts that set the whole system up even recognize that if anything therein proposed is found illegal or impossible to perform it is excluded from the agreements and the remaining elements remain in full force and effect.

6th: Almost simultaneously with the last fact (also in 1913), Corp. U.S. adopts (as if ratified) their own 16th amendment. Tax protesters challenge the IRS tax collection system based on this fact, however when we remember that Corp. U.S. originally created their constitution by simply drafting it and adopting it; there is no difference between that adoption and this—such is the nature of corporate enactments—when the corporate board (Congress) tells the secretary to enter the amendment as ratified (even thought the States had not ratified it) the Se3cretary was instructed that the Representatives word alone was sufficient for ratification. You must also note, this amendment has nothing to do with our nation, with our people or with our national Constitution, which already had its own 16th amendment. The Supreme Court (in BRUSHABER v. UNION PACIFIC R. CO., 240 U.S. 1 (1916)) ruled the 16th amendment did nothing that was not already done other than to make plain and clear the right of the United States (Corp. U.S.) to tax corporations and government employees. We agree, considering that they were created under the authority of Corp. U.S.

7th: Next (also 1913) Corp. U.S., through Congress, adopts (as if ratified) its 17th amendment. This amendment is not only not ratified, it is not constitutional; the nation’s Constitution forbids Congress from even discussing the matter of where Senators are elected, which is the subject matter of this amendment; therefore they cannot pass such and Act and then of their own volition, order it entered as ratified. According to the United States Supreme Court, for Congress to propose such an amendment they would first have to pass an amendment that gave them the authority to discuss the matter.

8th: Accordingly, in 1914, the Freshman class and all Senators that successfully ran for reelection in 1913 by popular vote were seated in Corp. U.S. Senate capacity only; their respective seats from their States remained vacant because neither the State Senates nor the State Governors appointed new Senators to replace them as is still required by the national Constitution for placement of a national Senator.

9th: In 1916, President Wilson is reelected by the Electoral College but their election is required to be confirmed by the constitutionally set Senate; where the new Corp. U.S. only Senators were allowed to participate in the Electoral College vote confirmation the only authority that could possibly have been used for electoral confirmation was corporate only. Therefore, President Wilson was not confirmed into office for his second term as President of the United States of America and was only seated in the Corp. U.S. Presidential capacity. Therefore the original jurisdiction government’s seats were vacated because the people didn’t seat any original jurisdiction government officers. It is important to note here that President Wilson retained his capacity as Commander in Chief of the military. Many people wonder about this fact imagining that such a capacity is bound to the President of the nation; however, When John Adams was President he assigned George Washington to the capacity of Commander in Chief of the military in preparation for an impending war with France. During this period, Mr. Adams became quite concerned because Mr. Washington became quite ill and passed on his acting military authority through his lead General Mr. Hamilton and Mr. Adams was concerned that if war did break out Mr. Hamilton would use that authority to create a military dictatorship of the nation. Mr. Adams averted the war through diplomacy and the title of Commander in Chief was returned to him.

(See: John Adams, by David McCullough, this book covers Mr. Adams concerns over this matter quite well. Mr. Adams was a fascinating man.)

10th: In 1917, Corp. U.S. enters W.W. I and passes their Trading with the Enemies Act.

11th: In 1933, Corp. U.S. is bankrupt, they force a banking holiday to exchange money backed Federal Reserve Notes with “legal tender” Federal Reserve Notes the Trading with the Enemies Act is adjusted to recognize the people of the United States as enemies of Corp. U.S.

12th: Some time after 1935, you ask Social Security Administration for a relationship with their program. With the express purpose of generating Beneficiary funds to United States General Trust Fund (GTF) the Social Security Administration creates an entity with a name (that sounds like your name but is spelled with all capital letters) and an account number (Social Security number). They give you the Social Security card and let you know that the card does not belong to you but you are to hold it for them until they want it back. If you are willing to accept that responsibility over the card you activate the card by signing it, which gives you the ability to act as the fiduciary for the cards actual owner Corp. U.S. and you can use the card’s name and number to thus transact business relations for the card’s actual owner. You are also to note that though the card verifies its agency (you as the single person with authority to control the entity so created) it is not for use as identification. On review: notice the Social Security Administration was the creator of the entity, they offered you the opportunity to serve its Trustee capacity (by lending it actual consciousness and physical capacity), they gave you something (the card) that does not belong to you to hold in trust and they reserved the actual owner of the thing (Corp. U.S.) as the beneficiary of the entity—by definition, this only describes the creation and existence of a Trust. More importantly: the name they gave this Trust is not your name, the number they gave the Trust is not your number and your lending actual consciousness and physical capacity to this Trust’s Trustee capacity does not limit you or your capacity to separately act in your natural sovereign capacity in any way—what you do, when you do it and how you do it is still totally up to you.

13th: In 1944, under the Bretton Woods Agreement, Corp. U.S. is quit claimed to the International Monetary Fund, and becomes a foreign controlled private corporation.

14th: In 1962, considering the states were forced to carry out their business dealings in terms of Federal Reserve Notes (foreign notes), which is forbidden in the national and State constitutions, out of the necessity the states began protecting themselves from the people by forming corporations like Corp. U.S. Accordingly, those newly formed corporate state administrations began adopting Corp. U.S. suggested uniform codes and licensing structures that allowed better and more powerful control over the people, which thing the original jurisdiction governments of this nation had no capacity to do. Our Constitutions secure that the governments do not govern the people rather they govern themselves in accord with the limits of Law. The people govern themselves. Such is the foundational nature of our Constitutional Republic.

15th: By 1971, every State government in the union of States had formed such private corporations (Corp. State), in accord with the IMF admonition, and the people ceased to seat original jurisdiction government officials in their State government seats.

Now, having stated these historical facts, we ask you not to believe us, but rather prove these facts for yourself. We then ask you to contact us and share your discovery with us.

When you find there is no error in this historical outline, then remember these simple facts and let no one dissuade you from the truth.

The Bottom Line: when you speak about these private foreign corporations remember that is what they are and stop calling them government.”

hope … ONLY HOPE … is to immediately take drastic action and remedy this crime.

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