Tag Archives: federal reserve

The Corruption of Politics in America

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America is quickly loosing the respect of the American people as politicians routinely lie and cheat their way into office. Most of those that end up going to Washington spend more time looking to sell their votes to their favorite corporate sponsor rather than representing their constituents. It’s not uncommon for these politicians to secure a comfy corporate job or board position after leaving public office through what’s known as a revolving door. Examples of individuals who have moved between … Continue reading →

The Magic of Fractional Banking

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Primarily because people left their gold with the goldsmiths for safekeeping, they were to become the the first bankers in early England. The first paper money were “Receipts” for those gold deposits representing the gold in storage. These were easier to carry around, and safer, thus making paper money more popular. The goldsmiths realized, after a while, that few people ever came back to trade in their “receipts” for the gold at any one time. It was then that Goldsmiths … Continue reading →

Will the National Debt Destroy America?

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Thomas Jefferson warned, “If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks…will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered.” Debt Crisis Debt is nothing new to the United States. The American Revolutionary War led to our first national debts and the War of 1812 further expanded that government debt to approximately $75 million. In 1835, President … Continue reading →

Big Time Trouble Dead Ahead Thanks to the Federal Reserve

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The paper dollar experiment of the last 40 years has reached an unsolvable impasse. Since 1971, when Nixon closed the gold window, there has been zero restraint on the Fed’s ability to finance the US government’s boondoggle spending programs both foreign and domestic. The government doesn’t even have to rely on tax receipts any more. It simply issues bonds to borrow the money. The Fed ensures those bonds are always bought, buying them itself if necessary, as with QE1 and … Continue reading →

The Laws of Man

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Many disregard the commandments of God and choose rather to abide by the 10 Planks of Communism. How can the Christian “give to Caesar what is Caesar’s (income taxes), and withhold from God what is God’s (tithe),” and yet claim to be without sin? How can the Christian consent to the thieves (U.S. Treasury, Federal Reserve, and International Banks) stealing their wealth and the wealth of their children by putting their money in godless banks and using their usurious credit … Continue reading →

Creation of a Central Bank in America

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“I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.” – Thomas Jefferson. The Central Bank There were numerous attempts in the 1880’s to create a central bank in America – most of these attempts point back to the Rothschilds. It is interesting that both the original American banking houses that … Continue reading →

What is the relationship between the Federal Reserve Act and the Federal Income Tax?

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Why does our government require us to pay taxes when they print all the money they want? What is the Federal Reserve and Who Controls it? The Federal Reserve is not a governmental agency and neither the Congress nor the President have one iota of control over its day-to-day operations. The Federal Reserve is no more federal than Federal Express. It is a private bank that poses as a government entity. In 2011, when the New York Times attempted to … Continue reading →

Money, Banking, and the Federal Reserve

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A great primer from the Mises Institute on our monetary system. Thomas Jefferson and Andrew Jackson understood “The Monster”. But to most Americans today, Federal Reserve is just a name on the dollar bill. They have no idea of what the central bank does to the economy, or to their own economic lives; of how and why it was founded and operates; or of the sound money and banking that could end the statism, inflation, and business cycles that the … Continue reading →

Another Ponzi Scheme

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Here’s an idea. Why not open up a bank and force everyone to use your paper currency. If you can get everyone to borrow the paper from you, all you’ll have to do is make sure you never run out of trees and you can sit back and collect the interest from now ’til eternity. But first, you’ll have to invent a scheme to get everyone to stop using Real Money, Gold and Silver. I know, being that you’re the … Continue reading →

Debt and the Federal Reserve

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This excerpt from Debt Virus by Dr. Jacques Jaikraan, page 216 is very revealing. The “Federal” Reserve Act of 1913, requires the central bank to return a small portion of its unconstitutional gains to the U.S. Treasury. Here is an example of the numbers: “In 1988 the Federal Reserve has an income of 19.5 billion, and it turned back $17.36 billion to the U.S. Treasury as provided under its charter. The Federal Reserve Act of 1913 provided that a substantial … Continue reading →