who owns the Federal Reserve and why don’t you know?

By Antecedent Insider
2.24.2010
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Editors Note: The Federal Reserve (the FED) is the third central bank of the United States. The first central bank of the United States charter was not renewed, causing the war of 1812. The second central bank of the United States charter was revoked by Andrew Jackson via executive order. Shortly thereafter he became the first sitting president to have an assassination attempt on his life. He survived two attempts.

Please take the time to read about a criminal syndicate masquerading as our saviors while they rob us of our freedom, wealth and prosperity in a calculated, systematic way, meticulously planned over hundreds of years. The FED reports to another private corporation, the BIS. They control the money. They bought the press. These satanic vultures seeing themselves as gods on earth and us as cockroaches or donkeys, control the agenda which is to ultimately control the world via control of the money.  None of us are going to like it. They don’t care.

In this essay I have liberally used their own quotes. In this way, you don’t have to believe what this author says.  Instead, they will tell you themselves.

“The real menace of our republic is this invisible government which like a giant octopus sprawls its slimy length over city, state and nation. Like the octopus of real life, it operates under cover of a self created screen….At the head of this octopus are the Rockefeller Standard Oil interests and a small group of powerful banking houses generally referred to as international bankers. The little coterie of powerful international bankers virtually run the United States government for their own selfish purposes. They practically control both political parties.” — New York City Mayor John F. Hylan, 1922

The Federal Reserve (the FED) was chartered by the US Congress in 1913 to issue currency on behalf of the US Treasury via the Federal Reserve Act.

The Federal Reserve is a private corporation. It is neither Federal, nor does it have any Reserves. The Federal Reserve creates money out of nothing, then collects interest on the debt. It was conceived by several of the world’s wealthiest bankers in 9 days of secretive meetings at a Jekyll Island retreat in November of 1910.

Why all the secrecy?

We do know a few things about the Federal Reserve.  Senator Nelson Wilmarth Aldrich (November 6, 1841 – April 16, 1915) and Paul Moritz Warburg (August 10, 1868 – January 24, 1932) were both instrumental in it’s creation.

Institute for Historical Review
The Warburgs: The Twentieth-Century Odyssey of a Remarkable Jewish Family, by Ron Chernow. New York: Random House, 1993. Hardcover. 820 pages. Photographs. Bibliography. Reference notes. Index.
Reviewed by John Weir
In November 1910, [Senator] Aldrich [of Rhode Island], Paul [Warburg], and four other experts sneaked off to discuss bank reform at a secret hideaway on Jekyll Island off the Georgia coast. With Democrats now in control of Congress and Progressives railing against Wall Street, the bankers had to travel incognito, lest they be accused of hatching a cabal. As part of the elaborate charade, the conference participants pretended to be sportsmen, outfitting themselves as duck hunters. What Chernow does not adequately explain is why such secrecy was necessary if a central bank was really such a great idea. We are told, in effect, that Warburg and others hatched a cabal to avoid being accused of hatching a cabal. Because it was the product of a furtive conclave, and secrecy still surrounds many central bank decision-making activities, it is hardly surprising that there are so many dark suspicions and “banking conspiracy” theories involving the Federal Reserve Bank. According to Chernow, Paul Warburg was the only person in America who understood how a central bank works. In 1912 and 1913, he drew up the basic plan for the Federal Reserve banking system, and he drafted the Federal Reserve Act. In December 1913 President Wilson signed the Act establishing the new central bank. If anyone can be called the father of the Federal Reserve Bank, the New York Times has rightly noted, it is Paul Warburg. The new central bank’s board of governors — which for several years included Paul Warburg — became top-heavy with political appointees whose policy of loose credit set the stage for the Great Depression. America’s economic collapse of the 1930s can be traced to the Federal Reserve’s operation by incompetents and self-serving hacks.
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According to the current FED board of governors:

“It [the FED] is not owned by anyone and is not a private, profit-making institution. Instead, it is an independent entity within the government, having both public purposes and private aspects.”

The same people have told us however…

“The last duty of a central banker is to tell the public the truth” – Alan Stuart Blinder – Vice Chairman of the Board of Governors of the Federal Reserve System from June 1994 to January 1996  (PBS’s Nightly Business Report, 1994)

Woodrow Wilson was early in his first term as president in 1913. His pen signed the Federal Reserve act into law. He later said remorsefully in “The New Freedom: A Call for the Emancipation of the Generous Energies of a People: “

However it has come about, it is more important still that the control of credit also has become dangerously centralized. It is the mere truth to say that the financial resources of the country are not at the command of those who do not submit to the direction and domination of small groups of capitalists who wish to keep the economic development of the country under their own eye and guidance. The great monopoly in this country is the monopoly of big credits. So long as that exists, our old variety and freedom and individual energy of development are out of the question. A great industrial nation is controlled by its system of credit. Our system of credit is privately concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men who, even if their action be honest and intended for the public interest, are necessarily concentrated upon the great undertakings in which their own money is involved and who necessarily, by very reason of their own limitations, chill and check and destroy genuine economic freedom. This is the greatest question of all, and to this statesmen must address themselves with an earnest determination to serve the long future and the true liberties of men.This money trust, or, as it should be more properly called, this credit trust, of which Congress has begun an investigation, is no myth; it is no imaginary thing. It is not an ordinary trust like another. It doesn’t do business every day. It does business only when there is occasion to do business. You can sometimes do something large when it isn’t watching, but when it is watching, you can’t do much. And I have seen men squeezed by it; I have seen men who, as they themselves expressed it, were put “out of business by Wall Street,” because Wall Street found them inconvenient and didn’t want their competition.

So what IS the truth? You are supposed to believe (according to the FED’s Board of Governor’s) that the most powerful corporation in the world isn’t owned by anyone. Because of this fact, it tells us that this institution called the Federal Reserve is so powerful they won’t even bother to waste any time to create a plausible cover story. Some would call that obscene.  It’s obvious when you look into the matter, they don’t even care what you think.

“By this means [printing money] government may secretly and unobserved, confiscate the wealth of the people, and not one man in a million will detect the theft.”- John Maynard Keynes (the father of ‘Keynesian Economics’ which our nation now endures) in his book “THE ECONOMIC CONSEQUENCES OF THE PEACE” (1920).

The Federal Reserve is a private corporation. As such, there is no reporting requirement as there are with public corporations. A corporation by definition has shareholders. The FED has shareholders, we just don’t know who they are because as they have pointed out…they don’t have to say.

“The real rulers in Washington are invisible, and exercise power from behind the scenes.” Supreme Court Justice Felix Frankfurter, 1952

The world is governed by very different personages from what is imagined by those who are not behind the scenes.”  Benjamin Disraeli  1844

 “Three hundred men, each of whom knows all the others, govern the fate of the European continent, and they elect their successors from their entourage.” Walter Rathenau WIENER FREIE PRESSE, December 24, 1912

“Fifty men have run America, and that’s a high figure.” Joseph Kennedy, father of JFK, in the July 26th, l936 issue of The New York Times.

The current FED chairman, Ben Bernanke, isn’t the owner of the FED. He’s an employee. Who are his bosses? We have no idea. Well, we have an idea, but we have no proof. Following the money and the family trees gives us an idea.

Maybe some would argue, why should they be required to say?

Isn’t anyone curious?

The FED, in charge of creating the US currency, is arguably the most powerful institution of any kind on this planet. Decisions made by the FED affect the lives of people not just in the US, but everywhere in the world. The FED by virtue of it’s policies and because it effectively has an unlimited bank account, makes decisions that affect standards of living and capital allocation spanning the globe.  In 2008, we watched them decide in closed door Sunday afternoon “emergency” meetings who survives and who doesn’t. We don’t know who was there, we don’t know what was said, the only thing we know is who survived and who didn’t.

So why isn’t this topic ever discussed? Here we have a situation where the most powerful people in the world (the shareholders of the Federal Reserve) remain completely anonymous.

“We will have a world government whether you like it or not. The only question is whether that government will be achieved by conquest or consent.” James (son of Paul)  Warburg quotes ( Banker, Shareholder, Founder, US Federal Reserve, Founder Council on Foreign Relations  1896-1969 ) while speaking before the United States Senate,  February 17, 1950

“Today the path of total dictatorship in the United States can be laid by strictly legal means, unseen and unheard by the Congress, the President, or the people. Outwardly we have a Constitutional government. We have operating within our government and political system, another body representing another form of government – a bureaucratic elite.” Senator William Jenner, 1954

The powers of financial capitalism had another far reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements, arrived at in frequent private meetings and conferences. The apex of the system was the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the worlds central banks which were themselves private corporations. The growth of financial capitalism made possible a centralization of world economic control and use of this power for the direct benefit of financiers and the indirect injury of all other economic groups.” Tragedy and Hope: A History of The World in Our Time (Macmillan Company, 1966,) Professor Carroll Quigley of Georgetown University

“The New World Order cannot happen without U.S. participation, as we are the most significant single component. Yes, there will be a New World Order, and it will force the United States to change it’s perceptions.” — Henry Kissinger, World Affairs Council Press Conference, Regent Beverly Wilshire Hotel , April 19th 1994

“The New World Order will have to be built from the bottom up rather than from the top down … but an end run on national sovereignty, eroding it piece by piece will accomplish much more than the old-fashioned frontal assault.” — Richard Gardner – Council on Foreign Relations Journal, April 1974, Page 558

Yes, there have been studies done and there has been a lot of speculation and conjecture as to who the shareholders actually are, but no one knows for sure. Put it this way, anyone who does know, isn’t saying. Deconstructing all the paper entities and their manifestations, who are the people? What do they stand for? Why don’t we know?

“While boasting of our noble deeds we’re careful to conceal the ugly fact that by an iniquitous money system we have nationalized a system of oppression which, though more refined, is not less cruel than the old system of chattel slavery. – Horace Greeley Editor, New York Tribune

The people behind the curtain, the people who are making the decisions and issuing orders that shape the daily lives of every single American remain completely anonymous. How can this be?

These are the most powerful people on the planet. Don’t we deserve to know? It seems unfathomable that we don’t, or that no one has even asked on the people’s behalf.

“The few who understand the system, will either be so interested from it’s profits or so dependent on it’s favors, that there will be no opposition from that class.” — Rothschild Brothers of London, 1863

So why is it that there has never in modern history been a member of the US congress who has asked publicly who the anonymous people are who control our lives via a printing press and an unlimited bank account? Are they afraid they might lose their job? Or worse?

“We have, in this country, one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board. This evil institution has impoverished the people of the United States and has practically bankrupted our government. It has done this through the corrupt practices of the moneyed vultures who control it”. – Congressman Louis T. McFadden, Chairman of the Committee on Banking and Currency (Louis T. McFadden was assassinated)

“Whoever controls the volume of money in our country is absolute master of all industry and commerce and when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.” President James A. Garfield – 20th President of the United States  1881: two weeks before he was assassinated

“The drive of the Rockefellers and their allies is to create a one-world government combining supercapitalism and Communism under the same tent, all under their control…. Do I mean conspiracy? Yes I do. I am convinced there is such a plot, international in scope, generations old in planning, and incredibly evil in intent.” Congressman Larry P. McDonald, 1976, killed in the Korean Airlines 747 that was shot down

Furthermore, the FED is not subject to an audit and they claim that doing so would somehow limit their ability to do their job. They claim that if the public knew who their mysterious international wire transfers in 2008 of US taxpayer money were distributed to it would “undermine confidence in the financial system”. I’m sure it would. The FED is the only financial entity in the world which claims immunity from an audit and gets away with it.

“History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and it’s issuance.” – James Madison

Their job, by the way, is to “maintain price stability”.  Since their charter in 1913, the US dollar has lost approximately 95 percent of it’s value. Given a primary mission of maintaining price stability, history now shows an unequivocal, colossal failure of their primary stated mission.

Summarizing, we have an entity which:

  • is a private corporation created in absolute secrecy and owned by anonymous shareholders
  • has never been audited and claims immunity
  • has demonstrated a colossal failure of their primary mission
  • affects the daily lives and standard of living of every single American
  • have stated publicly that their last duty is to tell the public the truth
  • has presided over the absolute destruction of the middle class in America and the confiscation of their wealth

Am I the only person in America who thinks we deserve some answers? Why are our politicians so timid and fearful of the FED? Does it bother anyone else to listen to our self important bought and paid for buffoons we call congressmen compete with each other to see who can heap the most praise on an institution that has completely failed at it’s primary mission and bankrupted the people in the process?

“And the banks — hard to believe in a time when we’re facing a banking crisis that many of the banks created — are still the most powerful lobby on Capitol Hill. And they frankly own the place.” – Senator Dick Durbin 2009

Furthermore, in 2008 we were told that the FED and their affiliate banks were “too big to fail” and thus, their margin calls from speculation should be met by the people. If our lifespans were longer, we would recognize that as a trick which has already been used in the past to consolidate power and transfer wealth from the people, to themselves. When they win, they keep the profits. When they lose, you pay. This guarantees that ultimately, the FED and their global cabal [the syndicate Elders] will have all the money.

“Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves” – Andrew Jackson, seventh President of the United States (1829–1837).

Could it possibly be that the FED along with their anonymous owners are the ones really in charge? It looks that way to me. After you have studied history, it isn’t much of a stretch.

“Give me control of a nation’s money and I care not who makes the laws” - Mayer Amschel Rothschild (1744-1812)

I will close with a quote from Thomas Jefferson. Follow the money.  Jefferson’s dark prognostication is coming to be fully realized here in 2010.

‘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..’ – - Thomas Jefferson – Third President of the United States and primary architect of the US Constitution

>visit American tent cities<


Footnotes/Further Research/Quotes:

organized crime definition – legal – n
A widespread group of professional criminals who rely on illegal activities as a way of life and whose activities are coordinated and controlled through some form of centralized syndicate.

15 Years Ago, the Combined Assets of the 6 Biggest Banks Totaled 17% of GDP… By 2006, 55% … Now, 63%
Monday, March 1, 2010
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The Federal Reserve Is A PRIVATELY OWNED Corporation
By Thomas D. Schauf
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Paupers In The Land Our Forefathers Conquered
A long time ago, in an America now far, far away, the majority of the American people owned the land that they live on.  The term “my land” actually meant something back then.  But today that has fundamentally changed.  Now the majority of the American people owe on the land that they live on.  In fact, most of them owe big money to the giant corporate banking interests that control the mortgage industry.  So how did the American people come to be debtors and paupers in the land that our forefathers conquered?
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List of Chairmen of the Federal Reserve
From Wikipedia, the free encyclopedia
Charles S. Hamlin, William P. G. Harding, Daniel R. Crissinger, Roy A. Young, Eugene Meyer, Eugene R. Black, Marriner S. Eccles, Thomas B. McCabe, William McChesney Martin, Jr., Arthur F. Burns, G. William Miller, Paul A. Volcker, Alan Greenspan, Ben Bernanke
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Money As Debt (1 of 5)
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Further Reading: Jekyll Island

Dear Lou Dobbs, Who Owns the Federal Reserve?
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Chart of who “owns” the Federal Reserve
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Ponzi scheme
From Wikipedia, the free encyclopedia
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G. Edward Griffin
The Creature from Jekyll Island
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Secrets of the Federal Reserve
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Who Owns and Controls the Federal Reserve?
by Dr. Edward Flaherty, University of Charleston
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Who Owns the Federal Reserve?
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The Federal Reserve Explains… The Federal Reserve In One Easy, Retard-Accessible Video
ZeroHedge
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Nobel Prize-Winning Economist: Federal Reserve System is Corrupt and Undermines Democracy
Joseph Stiglitz – former head economist at the International Monetary Fund (IMF) and a nobel-prize winner – said yesterday that the very structure of the Federal Reserve system is so fraught with conflicts that it is “corrupt” and undermines democracy.
Stiglitz said:
If we [i.e. the IMF] had seen a governance structure that corresponds to our Federal Reserve system, we would have been yelling and screaming and saying that country does not deserve any assistance, this is a corrupt governing structure.
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Depression USA: New York Tent City, Future of America
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How Goldman Sachs runs the world (Video)
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Goldman Sachs International

http://www.muckety.com/maps/5003259/Goldman-Sachs-International.png
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Paul M. Warburg

http://www.muckety.com/maps/168729/Paul-M-Warburg.png
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In Deception and Abuse at the Fed, Robert Auerbach, a former banking committee investigator, recounts major instances of Fed mismanagement and abuse of power that were exposed by Rep. Gonzalez, including:
* Blocking Congress and the public from holding powerful Fed officials accountable by falsely declaring–for 17 years–it had no transcripts of its meetings;
* Manipulating the stock and bond markets in 1994 under cover of a preemptive strike against inflation;
* Allowing 5.5 billion to be sent to Saddam Hussein from a small Atlanta branch of a foreign bank–the result of faulty bank examination practices by the Fed;
* Stonewalling Congressional investigations and misleading the Washington Post about the 6,300 found on the Watergate burglars.
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Kuhn, Loeb & Co.
From Wikipedia, the free encyclopedia
Famous partners of the firm included Otto Kahn, Paul Warburg, Felix Warburg, Mortimer Schiff, Benjamin Buttenwieser, Lewis Strauss, Sigmund Warburg, founder of S.G. Warburg.
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Jacob Schiff
From Wikipedia, the free encyclopedia
Children: Mortimer Schiff; Frieda Warburg, née Schiff.
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Nelson W. Aldrich
From Wikipedia, the free encyclopedia
Nelson Wilmarth Aldrich (November 6, 1841 – April 16, 1915) was a prominent American politician and a leader of the Republican Party in the Senate, where he served from 1881 to 1911. Because of his impact on national politics and central position on the pivotal Senate Finance Committee, he was referred to by the press and public alike as the “General Manager of the Nation”, dominating all tariff and monetary policies in the first decade of the 20th century. In a career that spanned three decades, Aldrich helped to create an extensive system of tariffs that protected American factories and farms from foreign competition. He rebuilt the American financial system along Progressive lines through the institution of the federal income tax amendment and the Federal Reserve System. He claimed that this would lead to greater efficiency. Aldrich became wealthy with investments in street railroads, sugar, rubber and banking. His son Richard Steere Aldrich became a U.S. Representative, and his daughter, Abby, married John D. Rockefeller, Jr., the only son of John D. Rockefeller. Her son, Nelson Aldrich Rockefeller, served as Vice President of the United States under Gerald Ford.
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David Rockefeller
David Rockefeller, Sr. (born June 12, 1915) is an American and the current patriarch of the Rockefeller family. He is the youngest and only surviving child of John D. Rockefeller, Jr. and Abby Aldrich Rockefeller, and the only surviving grandchild of oil tycoon John D. Rockefeller, founder of Standard Oil. His five deceased siblings are: Abby, John D. III, Nelson, Laurance and Winthrop.
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“Some even believe we (Rockefeller family) are part of a secret cabal working against the best interests of the United States, characterizing my family and me as ‘internationalists’ and of conspiring with others around the world to build a more integrated global political and economic structure—one world, if you will. If that’s the charge, I stand guilty, and I am proud of it.” -David Rockefeller, 2002 Autobiography

Paul Warburg
From Wikipedia, the free encyclopedia
Paul Moritz Warburg (August 10, 1868 – January 24, 1932) was a German-born American banker and early advocate of the U.S. Federal Reserve system.
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Felix M. Warburg
From Wikipedia, the free encyclopedia
Felix Moritz Warburg (1871 – 20 September 1937) was a member of the Warburg banking family of Hamburg, Germany. He was a grandson of Moses Marcus Warburg, one of the founders of the bank, M. M. Warburg (in 1798). Felix Warburg was a partner in Kuhn, Loeb & Co.. He is known as a leading advocate of a Federal Reserve System for the United States. He married Frieda Schiff, daughter of Jacob H. Schiff and Therese Loeb Schiff, in 1895. They had four sons, Frederick Marcus, Gerald Felix, Paul Felix and Edward Mortimer Morris
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Edmond James de Rothschild
From Wikipedia, the free encyclopedia
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James Mayer de Rothschild
From Wikipedia, the free encyclopedia
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Mayer Amschel Rothschild
From Wikipedia, the free encyclopedia
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Salomon Mayer von Rothschild
From Wikipedia, the free encyclopedia
Endogamy was an essential part of the Rothschild family’s strategy for future success in order to ensure that control of their businesses remained in family hands. Therefore, in 1824 Salomon Mayer Rothschild’s daughter Betty married her uncle James Mayer de Rothschild, head of the Paris bank.
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Warburg Pincus
From Wikipedia, the free encyclopedia
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S. G. Warburg & Co.
From Wikipedia, the free encyclopedia
S. G. Warburg & Co. was a London-based investment bank. It was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index but it was acquired by Swiss Bank Corporation in 1995.
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Otto Hermann Kahn
From Wikipedia, the free encyclopedia
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Dominique Strauss-Kahn
From Wikipedia, the free encyclopedia
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International Monetary Fund
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68% Think the Fed is a Government Agency
I might be a little bit of a radical. Tonight I stepped out side my apartment and interacted with those around me. Here’s what I found out: 68% (72/106) of the people I spoke with in San Francisco believed that the Federal Reserve Bank is an agency of the government. The specific question I asked was “Is the Federal Reserve a private corporation or an agency of the government?
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“Banking was conceived in iniquity and was born in sin. The Bankers own the earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of Bankers and pay the cost of your own slavery, let them continue to create deposits”.- SIR JOSIAH STAMP, (President of the Bank of England in the 1920′s, the second richest man in Britain):

“The modern Banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banks can in fact inflate, mint and unmint the modern ledger-entry currency”.- MAJOR L .L. B. ANGUS

“We will have a world government whether you like it or not. The only question is whether that government will be achieved by conquest or consent.” James (son of Paul)  Warburg quotes ( Banker, Shareholder, Founder, US Federal Reserve, Founder Council on Foreign Relations  1896-1969 ) while speaking before the United States Senate,  February 17, 1950

“The drive of the Rockefellers and their allies is to create a one-world government combining supercapitalism and Communism under the same tent, all under their control…. Do I mean conspiracy? Yes I do. I am convinced there is such a plot, international in scope, generations old in planning, and incredibly evil in intent.” Congressman Larry P. McDonald, 1976, killed in the Korean Airlines 747 that was shot down

“Today, America would be outraged if U.N. troops entered Los Angeles to restore order. Tomorrow they will be grateful! This is especially true if they were told that there were an outside threat from beyond , whether real or promulgated, that threatened our very existence. It is then that all peoples of the world will plead to deliver them from this evil. The one thing every man fears is the unknown. When presented with this scenario, individual rights will be willingly relinquished for the guarantee of their well-being granted to them by the World Government.” Dr. Henry Kissinger, Bilderberger Conference, Evians, France, 1991

“The real rulers in Washington are invisible, and exercise power from behind the scenes.” Supreme Court Justice Felix Frankfurter, 1952
Fifty men have run America, and thats a high figure.” Joseph Kennedy, father of JFK, in the July 26th, l936 issue of The New York Times.
“The Trilateral Commission is intended to be the vehicle for multinational consolidation of the commercial and banking interests by seizing control of the political government of the United States. The Trilateral Commission represents a skillful, coordinated effort to seize control and consolidate the four centers of power political, monetary, intellectual and ecclesiastical. What the Trilateral Commission intends is to create a worldwide economic power superior to the political governments of the nationstates involved. As managers and creators of the system, they will rule the future.” U.S. Senator Barry Goldwater in his l964 book: With No Apologies.
“Today the path of total dictatorship in the United States can be laid by strictly legal means, unseen and unheard by the Congress, the President, or the people. Outwardly we have a Constitutional government. We have operating within our government and political system, another body representing another form of government – a bureaucratic elite.” Senator William Jenner, 1954
The case for government by elites is irrefutable.” Senator William Fulbright, Former chairman of the US Senate Foreign Relations Committee, stated at a 1963 symposium entitled: The Elite and the Electorate – Is Government by the People Possible?

“We are on the verge of a global transformation. All we need is the right major crisis and the nations will accept the New World Order.”  David Rockefeller

“The powers of financial capitalism had another far reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements, arrived at in frequent private meetings and conferences. The apex of the system was the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the worlds central banks which were themselves private corporations. The growth of financial capitalism made possible a centralization of world economic control and use of this power for the direct benefit of financiers and the indirect injury of all other economic groups.” Tragedy and Hope: A History of The World in Our Time (Macmillan Company, 1966,) Professor Carroll Quigley of Georgetown University
“The Council on Foreign Relations is “the establishment.” Not only does it have influence and power in key decision-making positions at the highest levels of government to apply pressure from above, but it also announces and uses individuals and groups to bring pressure from below, to justify the high level decisions for converting the U.S. from a sovereign Constitutional Republic into a servile member state of a one-world dictatorship.” Former Congressman John Rarick 1971

“We are grateful to The Washington Post, The New York Times, Time Magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years. It would have been impossible for us to develop our plan for the world if we had been subject to the bright lights of publicity during those years. But, the work is now much more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national autodetermination practiced in past centuries.” David Rockefeller, founder of the Trilateral Commission, in an address to a meeting of The Trilateral Commission, in June, 1991.

“People who will not turn a shovel full of dirt on the project (Muscle Shoals Dam) nor contribute a pound of material, will collect more money from the United States than will the People  who supply all the material and do all the work. This is the terrible thing about interest …But here is the point: If the Nation can issue a dollar bond it can issue a dollar bill. The element that makes the bond good makes the bill good also. The difference between the bond and the bill is that the bond lets the money broker collect twice the amount of the bond and an additional 20%. Whereas the currency, the honest  sort provided by the Constitution pays nobody but those who contribute in some useful way. It is absurd to say our Country can issue bonds and cannot issue currency. Both are promises to pay, but one fattens the usurer and the other helps the People. If the currency issued by the People were no good, then the bonds would be no good, either. It is a terrible situation when the Government, to insure the National Wealth,  must go in debt and submit to ruinous interest charges at the hands of men who control the fictitious value of gold. Interest is the invention of Satan”. – THOMAS A. EDISON

“Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States” – Sen. Barry Goldwater

“This [Federal Reserve Act] establishes the most gigantic trust on earth. When the President [Wilson} signs this bill, the invisible government of the monetary power will be legalized….the worst legislative crime of the ages is perpetrated by this banking and currency bill.” – Charles A. Lindbergh, Sr. , 1913

“We are not going to achieve a new world order without paying for it in blood as well as in words and money.” Arthur Schlesinger, Jr., in Foreign Affairs (July/August 1995)

“For more than a century ideological extremists at either end of the political spectrum have seized upon well-publicized incidents such as my encounter with Castro to attack the Rockefeller family for the inordinate influence they claim we wield over American political and economic institutions. Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as ‘internationalists’ and of conspiring with others around the world to build a more integrated global political and economic structure — one world, if you will. If that’s the charge, I stand guilty, and I am proud of it.”- David Rockefeller, “Memoirs” autobiography (2002, Random House publishers), page 405

“Some people think the Federal Reserve Banks are the United States government’s institutions. They are not government institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign swindlers” — Congressional Record 12595-12603 – Louis T. McFadden, Chairman of the Committee on Banking and Currency (12 years) June 10, 1932

“The New World Order cannot happen without U.S. participation, as we are the most significant single component. Yes, there will be a New World Order, and it will force the United States to change it’s perceptions.” — Henry Kissinger, World Affairs Council Press Conference, Regent Beverly Wilshire Hotel , April 19th 1994

“The Federal Reserve banks are one of the most corrupt institutions the world has ever seen. There is not a man within the sound of my voice who does not know that this nation is run by the International bankers” – Congressman Louis T. McFadden

“You are a den of vipers and thieves. I intend to rout you out, and by the grace of the Eternal God, will rout you out.” – Andrew Jackson

“It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” – Henry Ford

“The New World Order will have to be built from the bottom up rather than from the top down … but an end run on national sovereignty, eroding it piece by piece will accomplish much more than the old-fashioned frontal assault.” — Richard Gardner – Council on Foreign Relations Journal, April 1974, Page 558

“We are completely dependent on the commercial banks.  Someone has to borrow every dollar we have in circulation, cash or credit. If the banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system…. It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied very soon.” – Robert H. Hamphill, Atlanta Federal Reserve Bank

“The matter of a uniform discount rate was discussed and settled at Jekyll Island.”- Paul M. Warburg

“The real menace of our republic is this invisible government which like a giant octopus sprawls its slimy length over city, state and nation. Like the octopus of real life, it operates under cover of a self created screen….At the head of this octopus are the Rockefeller Standard Oil interests and a small group of powerful banking houses generally referred to as international bankers. The little coterie of powerful international bankers virtually run the United States government for their own selfish purposes. They practically control both political parties.” — New York City Mayor John F. Hylan, 1922

“The powers of financial capitalism had another far reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements, arrived at in frequent private meetings and conferences. The apex of the system was the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the worlds’ central banks which were themselves private corporations. The growth of financial capitalism made possible a centralization of world economic control and use of this power for the direct benefit of financiers and the indirect injury of all other economic groups.” — “Tragedy and Hope: A History of The World in Our Time” (Macmillan Company, 1966,) Professor Carroll Quigley of Georgetown University

“The decrease in purchasing power incurred by holders of money due to inflation imparts gains to the issuers of money.” – St. Louis Federal Reserve Bank Review, Nov. 1975, p.22

Whoever controls the volume of money in any country is absolute master of all industry and commerce.” – James A. Garfield

“If, however, a government refrains from regulations and allows matters to take their course,  essential commodities soon attain a level of price out of the reach of all but the rich, the worthlessness of the money becomes apparent, and the fraud upon the public can be concealed no longer.”John Maynard Keynes, The Economic Consequences of the Peace 1920, page 240

“When plunder becomes a way of life for a group of men living together in society, they create for themselves in the course of time a legal system that authorizes it and a moral code that glorifies it.” – Frederic Bastiat, The Law

“The Council on Foreign Relations is “the establishment.” Not only does it have influence and power in key decision-making positions at the highest levels of government to apply pressure from above, but it also announces and uses individuals and groups to bring pressure from below, to justify the high level decisions for converting the U.S. from a sovereign Constitutional Republic into a servile member state of a one-world dictatorship.”– Former Congressman John Rarick 1971

“Those who create and issue money and credit direct the policies of government and hold in the hollow of their hands the destiny of the people.” – Rt. Hon. Reginald McKenna, former Chancellor of Exchequer, England

“In the next century, nations, as we know it, will be obsolete. All states will recognize a single global authority.” — Strobe Talbott – Deputy Secretary of State under Bill Clinton.   Time Magazine, July 20th, 1992

“With the exception only of the period of the gold standard, practically all governments of history have used their exclusive power to issue money to defraud and plunder the people.” – Friedrich A. Hayek (1899-1992) Austrian Economist, Author and 1974 Nobel Prize-Winner for Economics

“All the perplexities, confusion and distress in America arise, not from defects in their Constitution or Confederation, not from want of honor or virtue, so much as from the downright ignorance of the nature of coin, credit and circulation.” – John Adams

“The dirty little secret is that both houses of congress are irrelevant. America’s domestic policy is now being run by Alan Greenspan and the Federal Reserve. America’s foreign policy is now being run by the International Monetary Fund. When the President decides to go to war, he no longer needs a declaration of war from congress. — Robert Reich – Advisor to President Clinton.   USA Today, January 7th, 1999

“Bankers own the earth. Take it away from them, but leave them the power to create money and control credit, and with a flick of a pen they will create enough to buy it back.” – Sir Josiah Stamp, former President, Bank of England

“A power has risen up in the government greater than the people themselves, consisting of many and various powerful interest, combined in one mass; and held together by the cohesive power of the vast surplus in banks.” – John C. Calhoun, Speech 5/27/1836

“The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it.” – Money: Whence it came, where it went – 1975, p15 John Kenneth Galbraith

“The goal should be to redefine sovereignty for the era of globalisation, to find a balance between a world of fully sovereign states and an international system of either world government or anarchy.
– Richard N. Haass, President, Council on Foreign Relations, February 17, 2006

“Lenin is said to have declared that the best way to destroy the Capitalistic System was to debauch the currency. . .  Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million can diagnose.” – John Maynard Keynes, The Economic Consequences of the Peace 1920, page 235ff

“Paper money has had the effect in your state that it will ever have, to ruin commerce, oppress the honest, and open the door to every species of fraud and injustice.” – George Washington, in letter to J. Bowen, Rhode Island, Jan. 9, 1787

Rising prices of precious metals and other commodities are an indication of a very early stage of an endeavor to move away from paper currencies…What is fascinating is the extent to which gold still holds reign over the financial system as the ultimate source of payment. -Alan Greenspan, 9 Sep 2009

Filed Under: FED, Federal Reserve, money, finance, currency, shareholders, banking, Jekyll Island, Organized Crime, Oligarchy, New World Order

Goldman Sachs Eats Its Young
by Keith Johnson
This should be a lesson to all those young, aggressive, upwardly mobile Wall Street wannabes who think they are somehow going to fast track their way into the stratosphere of high finance. Sorry, kids!  There’s no room left at the top, and soon you’re going to see even those old money families tearing each other apart for what’s left of a collapsing fiat money system that has just about run its course.
Address

The Financial Oligarchy in the US
21 April 2010
Jesse’s Café Américain
BILL MOYERS: And you say that these this oligarchy consists of six megabanks. What are the six banks?
JAMES KWAK: They are Goldman Sachs, Morgan Stanley, JPMorgan Chase, Citigroup, Bank of America, and Wells Fargo.
BILL MOYERS: And you write that they control 60 percent of our gross national product?
JAMES KWAK: They have assets equivalent to 60 percent of our gross national product. And to put this in perspective, in the mid-1990s, these six banks or their predecessors, since there have been a lot of mergers, had less than 20 percent. Their assets were less than 20 percent of the gross national product.
BILL MOYERS: And what’s the threat from an oligarchy of this size and scale?
SIMON JOHNSON: They can distort the system, Bill. They can change the rules of the game to favor themselves. And unfortunately, the way it works in modern finance is when the rules favor you, you go out and you take a lot of risk. And you blow up from time to time, because it’s not your problem. When it blows up, it’s the taxpayer and it’s the government that has to sort it out.
BILL MOYERS: So, you’re not kidding when you say it’s an oligarchy?
JAMES KWAK: Exactly.
Address

MSNBC Dylan Ratigan video: Federal Reserve is the greatest con and cover-up in US history
April 12, 2010
Address

Andrew Jackson, Farewell Address, March 4, 1837
Address

The Federal Reserve Cartel: The Eight Families
by Dean Henderson
Global Research, June 1, 2011

80% ownership of the New York Federal Reserve Bank- by far the most powerful Fed branch- by just eight families, four of which reside in the US.  They are the Goldman Sachs, Rockefellers, Lehmans and Kuhn Loebs of New York; the Rothschilds of Paris and London; the Warburgs of Hamburg; the Lazards of Paris; and the Israel Moses Seifs of Rome.address


  1. keith howell
    February 25, 2010 at 1:17 am | #1

    This is great material. Americans have never understood who really owns the Fed. They have assumed that it has always been part of the government and acts in the best interest of the public. What is so surprising is the extremely large number of overseas owners of the Fed, from England, France, Belgium, Germany, the Netherlands,and several others. Thanks for providing the names of personalities. These are the bloodsuckers who own us, and now we know who they are.

    • February 25, 2010 at 2:39 am | #2

      Thanks for the comment. We have tried to write this article so it is understandable to a general audience who may know something is wrong, but not exactly what. For anyone wanting a further education about money, please see the footnote video series “money as debt”. It will be well worth your time.

  2. February 25, 2010 at 6:46 pm | #3

    ‘You see I may be a Christian but I am also a capitalist. And I will defend our capitalist system against all enemies unless there’s a way to profit from its’ demise. Some conspiracy theorists out there have criticized the Fed as a secretive cabal that only benefits the well connected when in fact the Fed is merely an extra constitutional star chamber that controls our monetary policy with no oversight.’
    -Stephen Colbert

  3. u.doran
    February 25, 2010 at 9:33 pm | #4

    A start on the subject with lots of internal links.
    http://www.apfn.org/apfn/reserve.htm

  4. u.doran
    February 25, 2010 at 9:44 pm | #5

    One more great piece by the guy that knows it all and wrote the book.
    Ed Griffin. A singular Patriot and author of the definitive book:
    “The Creature from Jekyl Island” This piece is long and definitive.
    http://www.bigeye.com/griffin.htm
    Tell all your friends to help Ron Paul audit the criminals.

  5. ms. doubtfire
    February 28, 2010 at 10:38 pm | #7

    that benefited me greatly. i understood everything, thanks. i am printing your article out right now to show to my computer challenged friends.

    • February 28, 2010 at 11:02 pm | #8

      Thanks for the comment. One note, there are a lot of good and important hyperlinks in this post so you lose that when you print it out. I would suggest printing material from those links also as you see fit.

  6. Rob
    March 1, 2010 at 3:03 pm | #9

    This all seems so basic and I agree, we all deserve answers. My suspicion is that we’re getting a royal shaft.

  7. Kim
    March 1, 2010 at 4:35 pm | #10

    No one wants to discuss the elephant in the room. And it’s shitting all over us. Can I say that?

  8. David
    March 1, 2010 at 9:55 pm | #12

    Explanation:

    They are a bunch of uber wealthy elitest crooks with the media and politico in their bed.

  9. Laura
    March 2, 2010 at 5:43 pm | #14

    This article reads like a blunt force instrument to the head. Where have I been? You zapped them with words. Yes, why don’t I already know all this? Thanks for an excellent expose’.

  10. Mike
    March 8, 2010 at 10:24 pm | #15

    Wow. I came here from a search on Federal Reserve and my worst fears were confirmed AND THEN SOME. This is unbelievable, but well documented. Thanks for a real eye opener.

  11. Anonymous
    March 9, 2010 at 7:25 pm | #16

    I just watched “How Goldman Sachs Runs the World” from your footnotes. I wish everyone in America could see that. What a scam. This whole system is stupidly corrupt and my fellow Americans are clueless.

  12. Rick – seattle
    April 16, 2010 at 9:17 pm | #17

    Why not just look it up in Wikipedia? The banks themselves own the Federal Reserve. This is widely available information that everyone has easy access to. It seems very strange that you wrote such a long article on this non issue.

    From Wikipedia:

    The twelve Federal Reserve banks provide the financial means to operate the Federal Reserve System. Each reserve bank is organized much like a private corporation so that it can provide the necessary revenue to cover operational expenses and implement the demands of the board. Member banks are privately owned banks that must buy a certain amount of stock in the Reserve Bank within its region to be a member of the Federal Reserve System. This stock “may not be sold, traded, or pledged as security for a loan” and all member banks receive a 6% annual dividend.[69] No stock in any Federal Reserve Bank has ever been sold to the public, to foreigners, or to any non-bank U.S. firm.[71]

    Further details:
    http://home.hiwaay.net/~becraft/FRS-myth.htm

    • April 16, 2010 at 9:58 pm | #18

      I would like to think that my post provides a bit more detail, put together a little bit more honestly than a wikipedia entry written by the shareholders. It doesn’t sound like you read it but I allowed the comment anyway.

  13. PT
    April 19, 2010 at 3:24 pm | #19

    Thank you for a very thorough and horrifying examination of the FED. How could we have let this happen to us??????????????????????

    This is clearly economic slavery and attempted world domination by an international cabal of bankers. Anyone who thinks it’s a “conspiracy theory” either has a hole in their head or is part of the cabal.

  14. Rob
    April 19, 2010 at 4:56 pm | #20

    You have got to be kidding. If even a shred of this is true, and I have little doubt that it is, we are so screwed it is beyond belief. PT, how did this happen?

    I’ll take a stab at how it happened just from reading the post, a bunch of crooked international bankers bought off all our politicians for peanuts and are treating the population like their economic slaves while they enjoy more and more wealth and power and control over all of us.

  15. Anonymous
    April 22, 2010 at 12:02 am | #21

    Game/Set/Match

  16. May 22, 2010 at 8:11 pm | #22

    Just want to say what a great blog you got here!
    I’ve been around for quite a lot of time, but finally decided to show my appreciation of your work!

    Thumbs up, and keep it going!

    Cheers
    Christian, iwspo.net

  17. JohnJ
    May 24, 2010 at 11:29 pm | #23

    I really enjoyed reading this. I found your site from a random Google search about the FED. This tied up a lot of loose ends for me. It sure seems to have all the characteristics of organized crime. Keep up the good work Mr Insider.

  18. Ed
    May 30, 2010 at 3:04 am | #24

    So the whole thing is owned and run by a few jewish families, who would have thought.

  19. John
    December 3, 2010 at 2:03 am | #25

    My hope is that people will take a stand once they come to the realization that there financial situation is a result of what is being done to them; not what they have done to themselves.

    “Single acts of tyranny may be ascribed to the accidental opinion of a day; but a series of oppressions, begun at a distinguished period and pursued unalterably through every change of ministers, too plainly prove a deliberate, systematic plan of reducing [a people] to slavery.” –Thomas Jefferson: Rights of British America, 1774. (*) ME 1:193, Papers 1:125

  20. Zdo
    May 19, 2011 at 12:01 am | #26

    Great treatment of this subject with lots of references and quotes. Thank you.

  21. Neo
    May 21, 2011 at 7:36 pm | #27

    This is so good. I spent an hour going through the links. I get it. Thanks.

  22. Paul T.
    May 21, 2011 at 7:50 pm | #28

    I wish this was required reading for every person and student on this whole damn planet. What a &@$! Scam.

    No wonder they dont cover any of this in school, there would be a revolution by morning LOL.

  23. Lisa
    May 21, 2011 at 7:52 pm | #29

    Slavery doesn’t require physical shackles any more.

  24. Flatline
    June 3, 2011 at 3:45 pm | #30

    I’d like to see you do an article on the parent company, the International Mother F’ers.

  25. June 10, 2011 at 3:43 pm | #31

    The Federal Reserve Cartel: Part II: The Freemason BUS & The House of Rothschild
    http://deanhenderson.wordpress.com/2011/06/08/the-federal-reserve-cartel-part-ii-the-freemason-bus-the-house-of-rothschild/

  26. October 7, 2011 at 4:08 pm | #32

    This is the kind of information that should be taught in public school. I think we all know this will never be required reading under this system, so it needs to fall.

  27. March 23, 2012 at 5:24 am | #33

    Great work! I wish more people would read. Would be nice to get this into a video format with graphics and music so the unwashed masses would actually take a minute to ingest the information.

  28. Stan
    July 31, 2012 at 6:24 pm | #34

    I have studied the FED for years. I’ve read a lot of books and everything I could find on the internet. This writeup is awesome. 6 out of 5 stars. Bravo.

  29. sex
    June 12, 2013 at 11:42 pm | #35

    Great info. Lucky me I found your site by accident (stumbleupon).
    I have saved as a favorite for later!

  30. July 6, 2013 at 7:16 am | #36

    Just want to say your article is as surprising. The clearness in
    your publish is just nice and i can suppose you’re a professional in this subject. Well along with your permission allow me to take hold of your feed to stay updated with drawing close post. Thank you one million and please keep up the rewarding work.

  31. sparkyjp
    July 7, 2013 at 9:53 pm | #37

    ——————————- Historical Value of U.S. Dollar ————————–

    1913 – The year of the Federal Reserve’s Inception – The dollar was worth $3.367

    In 2010 the dollar’s value was worth $0.153

    In other words, in 1913, one US dollar would have bought you $3.36 of goods and services, verses the 15 cents that each dollar buys you today.

    http://mykindred.com/cloud/TX/Documents/dollar/

    You don’t have to be an economist to see what they’ve done to our currency …. and country ;(

  1. March 3, 2010 at 1:39 pm | #1
  2. April 19, 2010 at 3:17 pm | #2
  3. May 27, 2011 at 1:48 pm | #3
  4. July 26, 2012 at 4:15 am | #4

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