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but you think exactly what they want you to think as with most of the sheople .... "The regional Federal Reserve banks are not government agencies. ...but are independent, privately owned and locally controlled corporations." -- Lewis vs. United States, 680 F. 2d 1239 9th Circuit 1982 The Rothschilds "The few who understand the system, will either be so interested from it's profits or so dependant on it's favors, that there will be no opposition from that class." -- Rothschild Brothers of London, 1863
(Part one of a four-part series) The Four Horsemen of Banking (Bank of America, JP Morgan Chase, Citigroup and Wells Fargo) own the Four Horsemen of Oil (Exxon Mobil, Royal Dutch/Shell, BP and Chevron Texaco); in tandem with Deutsche Bank, BNP, Barclays and other European old money behemoths. But their monopoly over the global economy does not end at the edge of the oil patch. According to company 10K filings to the SEC, the Four Horsemen of Banking are among the top ten stock holders of virtually every Fortune 500 corporation.
Who really owns the Federal Reserve? If you really want to understand what's happening in Occupy Wall Street, you first have to understand our Banking system and the Federal Reserve role. Firstly The Federal is not a government agency as the name suggest.
“Some people think that the Federal Reserve Banks are United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders.” – The Honorable Louis McFadden, Chairman of the House Banking and Currency Committee in the 1930s The Federal Reserve (or Fed) has assumed sweeping new powers in the last year. In an unprecedented move in March 2008, the New York Fed advanced the funds for JPMorgan Chase Bank to buy investment bank Bear Stearns for pennies on the dollar. The deal was particularly controversial because Jamie Dimon, CEO of JPMorgan, sits on the board of the New York Fed and participated in the secret weekend negotiations.1 In September 2008, the Federal Reserve did something even more unprecedented, when it bought the world’s largest insurance company.
America's federal deficit up and China owns lots of it The US Federal Deficit is always in the news - and when Chinese premier Hu Jintao arrives to a lavish reception at the White House , he comes as bigger lender to the developing world than the World Bank. And last year, Alan Greenspan, former chairman of the Federal Reserve, said the US is pursuing a policy of weakening its currency . In the recent past, China has defended its investment in US Treasury bonds . Meanwhile, there is concern that its position as the biggest investor in US debt may become political as well as economic. Treasury bonds are how the US - and all governments for that matter - borrow money: they issue government securities, which other countries and institutions buy.
Will Chase CEO Jamie Dimon be the next Secretary of the Treasury? Banksters Part 9 By Tanya Dennis “The Federal Reserve System is not federal, has no reserves and is not a system”*, and it is candescently clear that whoever owns the Federal Reserve also owns the media. Last week a Federal Reserve audit revealed the Reserve loaned 16 Trillion dollars to national and foreign banks and that revelation did not make primetime news.
Free Enterprise Zone, The Freeman, Warren C. Gibson Have you heard? The Federal Reserve System raked in profits of $79.3 billion last year, almost triple what runner-up ExxonMobil made. The Fed’s business model is a snap—just print money—and unlike poor beleaguered Exxon, the Fed has no competition to worry about.
I wish to thank my former fellow members of the staff of the Library of Congress whose very kind assistance, cooperation and suggestions made the early versions of this book possible. I also wish to thank the staffs of the Newberry Library, Chicago, the New York City Public Library, the Alderman Library of the University of Virginia, and the McCormick Library of Washington and Lee University, Lexington, Virginia, for their invaluable assistance in the completion of thirty years of further research for this definitive work on the Federal Reserve System. The cover reproduces the outline of the eagle from the red shield, the coat of arms of the city of Frankfurt , Germany, adapted by Mayer Amschel Bauer (1744-1812) who changed his name from Bauer to Rothschild (“Red Shield”).
A picture from the gold vault of the Federal Reserve Bank of New York (Photo credit: Wikipedia) Chart 1 Federal Reserve Directors: A Study of Corporate and Banking Influence Published 1976
With the exception of the extremely wealthy, very few people buy their homes in all-cash transactions. Most of us need a mortgage , or some form of credit , to make such a large purchase. In fact, many people use credit in the form of credit cards to pay for everyday items. The world as we know it wouldn't run smoothly without credit and banks to issue it.
Most people are aware that there is a government body that acts as the guardian of the economy - an economic sentinel who implements policies designed to keep the country operating smoothly. Unfortunately, most investors do not understand how or why the government involves itself in the economy. In the U.S., the answer lies in the role of the Federal Reserve , or simply, the Fed.
Amidst the macro worries about European sovereign debt and the ignition of the next election cycle, a protest movement called Occupy Wall Street has garnered a great deal of attention for itself. The demands of this movement are vague, and it is an open question as to whether much of what they object to is a byproduct of corporate policy or public policy (or an admixture of the two). Nevertheless, it is clear that their anger is directed, in large part, at some of the biggest banks in this country. (For more on how banking has evolved, read The Evolution Of Banking .) TUTORIAL: Banking The question is whether these protesters can actually impact the banks they target and what options are available to those who share the protesters views and concerns.
One of the more mysterious areas of the economy is the role of the Fed. Formally known as the Federal Reserve , the Fed is the gatekeeper of the U.S. economy. It is the central bank of the United States -- it is the bank of banks and the bank of the U.S. government . The Fed regulates financial institutions, manages the nation's money and influences the economy. By raising and lowering interest rates, creating money and using a few other tricks, the Fed can either stimulate or slow down the economy.
Federal Reserve Board, 1917 This article is about the history of the United States Federal Reserve System from its creation to the present. [ edit ] Central banking in the United States prior to the Federal Reserve The Federal Reserve System is the third central banking system in the United States' history.