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Post Number 445928
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The Case Against the Federal Reserve System
by Mike Baker
The Federal Reserve, a name that evokes the illusion of governmental oversight, stands not as a guardian of economic stability but as a leviathan of financial manipulation, ensconced in the heart of American economics since 1913. This institution, privately owned by a cabal of banking families, has ensnared the United States in a web of perpetual debt, devaluation, and economic subservience, fundamentally undermining the principles of democracy and economic freedom.

The Fed's power to create money from nothing is the alchemy of the modern age, turning the leaden promise of future labor into gold for the few. This act of creation is not benign; it is the most audacious form of theft. When the Fed "creates" money, it does not conjure wealth from the ether; it dilutes the value of every dollar in circulation. The staggering loss of over 98% of the dollar's value since the Fed's inception is a silent tax on the populace, a tax that benefits not the citizenry but the architects of this monetary system.

The mechanism of debt through which the Fed operates binds the American people in chains of financial obligation. Politicians, rather than face the wrath of an overtaxed populace, opt for the clandestine taxation of inflation and never-ending debt accumulation. This debt, now towering over $200 trillion when considering long-term obligations of our morbidly obese federal government, is not merely a number; it is a declaration of bankruptcy, a testament to a nation that's been enslaved by its own currency and the central banking families who created it.

The very existence of the Federal Reserve bypasses democratic checks and balances intended by our nation's Constitution. Decisions that shape the economic destiny of millions are made behind closed doors, not in the open forums of democracy. This system allows for the circumvention of public will, enabling governance by financial exigency rather than by the consent of the governed.

Through inflation and interest on national debt, there's an insidious vertical transfer of wealth. The money conjured by the Fed does not vanish; it flows into sectors of society that least need it, funding wars, corporate bailouts, and the opulence of the elite, while ordinary citizens find their savings eroded, their wages stagnated, and their futures mortgaged, along with the futures of their children.

Beyond mere economics, this evil, unconstitutional monetary system that we live under serves as a tool for social and political control. The economic policies influenced by the [privately-owned] Fed often lead to boom-and-bust cycles, which in turn create opportunities for further consolidation of power and wealth. The crash of markets, the distress selling, and the government bailouts. These are not mere accidents, but orchestrated events that benefit the few at the expense of the many.

It is imperative, for the sake of freedom, democracy, and economic justice, to dismantle this fortress of fiscal tyranny. The privately-owned U.S. Federal Reserve system stands as an affront to the foundational American ideals of liberty and self-determination. It is not merely a matter of economic policy but of moral urgency.

To restore true economic sovereignty, we must:

Advocate for the abolition of the Federal Reserve, returning the power of currency creation to a transparent, public institution accountable to the American people--the U.S. Congress, as our nation's Constitution requires.

Return to sound money and promote a return to a currency that's backed by tangible assets such as Gold and silver, as our nation's Constitution also requires, preventing the arbitrary creation of money and safeguarding against inflation.

Educate and mobilize our fellow citizens in order to spread awareness about the detrimental impacts of the current monetary system, mobilizing public opinion towards a financial revolution.

This is a rallying cry. The [privately-owned] U.S. Federal Reserve system, with its unchecked power to dilute and debase the value of the fruits of our labor (the money that we earn), stands as the most sophisticated form of economic subjugation ever devised by mankind. It's time to reclaim our economic narrative, to unshackle ourselves from this debt-driven servitude, and to forge a future where money that serves the people again, rather than us serving the central banking families who are the shareholders of the U.S. Federal Reserve system.

The U.S. Federal Reserve system (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, which now, is beyond comparison.

The Fed banking system collects billions of dollars in interest annually and distributes the profits to its shareholders. The Congress unlawfully gave the Fed the right to print money (through the U.S. Treasury), or create it as computer entries, at no interest [or cost] to the Fed. The Fed then creates money from nothing, and loans it back to us through banks, and charges interest on that counterfeited currency. The Fed also buys Government debt with money it creates from NOTHING OF VALUE and charges U.S. taxpayers interest.

Who actually owns the Federal Reserve central banks? The ownership of the 12 central banks that make-up the Fed, a very well kept secret, which is hereby 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

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 in turn controls the other 11 Fed Districts. Many of these banks also are foreign-owned.

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



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Posted:
Tuesday, October 15, 2024  10:36 AKDT
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Last Updated:
Tuesday, October 15, 2024  11:06 AKDT
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