The dollar bill is not owned by america. Who lends it to America? Who prints it for America?
"The bottom line is it that central banking (The Federal Reserve) is an evil cancer, these people are selling us credit they don't have, so they can take profits they don't deserve out of our pockets, that's nuts."
Robert D. Steele (Marine corps intelligence officer)
Israeli companies do all the billing for every communications company in the USA. A good way to get a free intelligence stream while you're providing a service.
BRAVOOOOOO BROTHER NATHANAEL FOUNDATION, WOW, THIS THE TRUTH, THIS WHAT I HAVE TRYING TO EXPLAIN PEOPLE BUT MOST OF THE PEOPLE ARE SHEEP, THEY DO NOT GET IT. THEY ARE BLINDED BY BULLSHIT HOLLYWOOD ZIONISTS SHOWS AND THEY SIMPLY CANNOT SEE IT. WAKUP SHEEPS ! AMERICA IS GOING DOWN WITH ZIONIST CENTRIC POLICIES WAKEUP BEFORE IT IS TOO LATE. VOTE FOR DR. RON PAUL.
Brother N Do you have info on the history of the Holy Roman Empire? Specifically, what it morphed into after 1800. It's a party to the Treaty of 1783 ending the revolutionary war, and shortly after disappeared....
It is said in the bible, that people should not work with money because it's the devil's work. So Christians didn't go into banking and others took over the banking system. What a terrible mistake !!!.
@nicopopoify Banks are inherently evil. The truth is that we don't need them to function just fine in society. Just a few generations ago people used to keep their savings at home. When the economy collapses it'll boil down to who has precious metals like Zimbabwe and their won't be a central place to store them. Money is just a means for more easily transferring goods from producer to consumer. It keeps us from having to barter and keeps everyone working for themselves and healthy.
Sorry, but you are wrong about the Constitution. The power to coin and print money is specifically given to CONGRESS under Article 1, Section 8. They do not have the power to create an independent agency to do it. And talk about Jews running the Federal Reserve, what do you say to someone like Milton Friedman who opposed the existence of the Fed? And, just because a lot of Jews are successful, doesn't mean that it is because of some plot. Having been one, you should know how Jewish families
I ask you this... Who is the problem? The Jews that own the banks or the people that prop these banks up? Which is the real problem? The Federal Reserve itself or the government that gives them the power?
If you do not SWITCH PARTIES in time, 12 weeks in advance OF THE PRIMARIES IN MOST STATES (starting Late January 2012) your vote does not count! If you are not REGISTERED REPUBLICAN you can not vote Ron Paul in the PRIMARY If Ron Paul does not win the PRIMARY, he has no chance to win the election. Be the "Trojan Horse" be the "mole", infiltrate the system. FIND OUT when your state has its primaries.
@SouthernCross33 It's hard to reason with super religious people. Even though Jews such as Peter Schiff and Aaron Russo speak out against the Federal Reserve, which is Jewish owned, ya'll want to bitch and complain about Jews and Zionists. I actually agree with much of what ya'll say. But I realize Zionism and the Israel lobby isn't the only thing going wrong in America. How do I know nothing? You people are so fucking sensitive.
@jneil2007 If you had bothered to watch more of his videos you would see that Jews like Norman Finkelstein and Noam Chomsky have been banned from Israel for trying to educate Israeli's as to the truth. Not all Jews are Zionists. The trick like Iran, Russia, China and India partake in is to keep them out of positions of power and from over representing the Jewry of the country.
35 ' If one of your brethren becomes poor, and falls into poverty among you, then you shall help him, like a stranger or a sojourner, that he may live with you.
36 'Take no usury or interest from him; but fear your God, that your brother may live with you.
37 'You shall not lend him your money for usury, nor lend him your food at a profit. (Leviticus 25:35-37)
35 ' If one of your brethren becomes poor, and falls into poverty among you, then you shall help him, like a stranger or a sojourner, that he may live with you.
36 'Take no usury or interest from him; but fear your God, that your brother may live with you.
37 'You shall not lend him your money for usury, nor lend him your food at a profit. (Leviticus 25:35-37)
35 ' If one of your brethren becomes poor, and falls into poverty among you, then you shall help him, like a stranger or a sojourner, that he may live with you.
36 'Take no usury or interest from him; but fear your God, that your brother may live with you.
37 'You shall not lend him your money for usury, nor lend him your food at a profit. (Leviticus 25:35-37)
35 ' If one of your brethren becomes poor, and falls into poverty among you, then you shall help him, like a stranger or a sojourner, that he may live with you.
36 'Take no usury or interest from him; but fear your God, that your brother may live with you.
37 'You shall not lend him your money for usury, nor lend him your food at a profit. (Leviticus 25:35-37)
The zionist jews have said they will stop at nothing till they have a world of their own. They lie lie so much that they can not speak one true word. The halocaust is nothing but a lie the numbers always change of the victums in the camps. The claim that the cremation furnaces ran 23/7 is a lie because there is this thing called matinence you can not run two furnaces side by side while relining one furnace with new furnace brick even if the worker was forced to do it.
Expel jews from Western Nations and cut all ties with Israel for good. International Jewry is nothing but a parasite making efforts to commit racial and cultural genocide for the jewish evolutionary strategy...
@Tbow088 I disagree with expelling Jews from Western Nations. If they hold dual citizenship with Israel they should be suspect and NOT allowed a place in in our government. That is a serious conflict of interest. However, I have many Jewish friends who first and foremost see themselves as loyal Americans.
160 Because of the wrongdoing of the Jews We forbade them good things which were (before) made lawful unto them, and because of their much hindering from Allah's way,161 And of their taking usury when they were forbidden it, and of their devouring people's wealth by false pretences, We have prepared for those of them who disbelieve a painful doom.(The Holy Qur'an Chapter #4, Verse #160 & 161) God warned you 1400 yrs ago about the nature of these advocates of Satan but you didn’t take heed
~ThankYou patriot-Nathanael'Kapner for this dissertation about jewZionist's criminal so-called Fed.Reserve & IRS-henchmen installed in 1913 after the tough-minded Pres.AndrewJackson had kicked them out of operation in 1833 (-which is why the Rothschilds placed Jackson's portrait on their illegal counterfeit $20-notes; -as a face-slap, saying- "Ha, alas we jewZionist criminals are back destroying USA again...!). Pres. aspirant RonPaul would get rid of them again, -except the vote is rigged...!!!
In 1995, the New York Federal Reserve released a list of its highest shareholders, and Morgan Guaranty Trust was on the list. Barclays, ING and any foreign owned bank did not appear on the list.
The lost giglolounging posted is fabricated. No foreign bank, financial institution, government, or individual has ever held shares in the federal reserve. To do so would be in violation of the law (12 USCA §282). The list posted came from Gary Kah who sourced unnamed Saudi Arabian and Swiss contacts for the information. Eustace Mullins also constructed a different list of owners and suggested foreigners owned the Fed indirectly, which is also impossible.
Brother Nathanael! Let's go march to Washington and express our views. It's a great thing to comment to these videos, but let's take the initiative upon ourselves and let our voices be heard not just read on a comment box! LET"S GO GO GO GO NOW!!
Sure, JP Morgan Chase and Citigroup are Jewish loan sharks. Jamie Dimon and the Rockefeller and Morgan families must also be Jewish. Neal Kashkari must be Jewish too. Oops no he's Hindu. BCCI was Pakistani
Jewish parastite banker Greenspan was an acolyte of Tea Party HERO Ayn Rand. LOL
@dilbertgeg It's not only the loan sharking or interest, but it's who gets the principle. 3% interest on $100.00 is only $3.00, but they get that initial $100.00 too when it's first printed. Each year the fed prints about $700 billion in principle. Sure the interest is costly, but the principle is enormous.
(1) The owners of the federal reserve are at the bottom of the organization chart, as they have little power over how the federal reserve performs its daily operations and no power over setting monetary policy
(2) No stock to the Federal Reserve has ever been sold to a foreigner or a foreign bank.
Rotschilds don't directly own FED, but are partners in owning American banks, which do. I once read an article which was connecting back who owns which banks, and who are behind the ownership of the FED.
Yes, I know. the FED is run by the 7-member board of governors, nominated by the president of the U.S. and approved by the Senate. But who influences the president to select whom as governors?
Eustace Mullins also argued the federal reserve was owned indirectly by foreign banks via ownership of domestic banks. Since the money-center banks of New York own the largest portion of stock in the New York Fed, they hand-pick its board of directors and president. This would give them, and hence the London Connection, control over Fed operations and U.S. monetary policy.
Mullins, Eustace (1983), Secrets of the Federal Reserve. Staunton, Va.: Bankers Research Institute.
The Securities and Exchange Commission requires that firms whose stock is traded publicly report their major stockholders each year. The reports identify all institutional shareholders (primarily, firms owning stock in other companies), all company officials who own shares in their firm, and any individual or institution owning more than 5% of the firm’s stock. These reports show that only one of the N.Y. Fed’s current largest shareholders,
Citicorp, has any major foreign stockholders. As of January 1996, Price Alwaleed Bin Talad of Saudi Arabia owned 8.9% of Citicorp stock.2 None of the member banks on the above list have any significant portion of shares held by any foreign individual or institution. Mullins' claim that foreigners own the N.Y. Federal Reserve indirectly is also wrong.
According to the New York Federal Reserve website, its largest member banks are Chase Manhatten Bank, Citibank, Morgan Guaranty Trust Company, Fleet Bank, Bankers Trust, Bank of New York, Marine Midland Bank, and Summit Bank. None of the member banks on the above list have any significant portion of shares held by any foreign individual or institution. Mullins' claim that foreigners own the N.Y. Federal Reserve indirectly is also wrong.
Moreover, the ownership rights of Federal Reserve Bank stock are different than the common stock of typical corporations. Usually, the number of votes a shareholder has is proportional to the number of shares he owns. However, ownership of Federal Reserve Bank stock entitles the shareholder to one vote when voting for its regional Federal Reserve Bank officials regardless of how many total shares the member bank may own.
A group of international conspirators would need to purchase a controlling interest in a majority of the banks operating in the N.Y. district to guarantee the election of their desired minions to the N.Y. Fed’s board of directors. Buying that much stock in so many U.S. banks would require an outlay of hundreds of billions of dollars. Surely there must be a cheaper path to global domination.
Mullins, Eustace (1983), Secrets of the Federal Reserve. Staunton, Va.: Bankers Research Institute.
I could only assume how the President compiles his list of possible candidates for the Board of Governors and selects them. I am sure every President goes through the decision making process differently.
If it is accurate that Rotschilds do not wield connection to American banking, then this is a "I told you so"-moment to me!
Alex always says that it's the "Off-shore bankers" who rob Americans, and I've in numerous comments said that he downplays the involvement of domestic banks! As my first comment says everywhere I hear that the Rockerfellers are the ones wielding major influence among American bankers, and thus probably also in the FED.
The owners of the federal reserve have basically absolutely no power over how monetary is set. Individual owners of the federal reserve have a very small power over picking 6 of the 9 Board of Directors for the Federal Reserve. The Board of Directors, acting independently of the owners, nominate people to be the Presidents of the Federal Reserve. These Presidents must be approved by the Board of Governors (Who are government appointed, not owner appointed).
The Presidents then rotate membership on the Federal Open Market Committee (There are 5 Presidents serving at once...the New York President always serves and the other 4 President spaces are rotated among the Fed Presidents). The 7 Board of Governors also serve on the Federal Open Market Committee (Though typically only 5 Governors choose to occupy the position). The Federal Open Market Committee and the 7 Board of Governors decide monetary policy, not the owners of the fed.
I have seen no evidence the Rockefeller family owns major portions of the Federal Reserve. If they did, it would be costing them hundreds of billions of dollars to do so. And even if they did have a considerable amount of ownership of the Federal Reserve, they would have essentially no power over how monetary power is conducted. They would have a bit more power over the daily operations of the Fed banks (Performing the monetary policy they are instructed to perform), but the power
Right, the power is with the board of governors. That's why I said: "I hear that the Rockerfellers are the ones wielding major influence among American bankers, and thus probably also in the FED." Would you disagree that most influential American bankers would have also influence to the bankers who make the members of the FED's board, and most probably also who gets nominated as board members? I would say that's a no-brainer!
I don't think you understand how Federal Reserve stock works. The law does not permit the stock of a Federal Reserve Bank to be traded publicly like the stock of a typical corporation (12 USCA §286). Moreover, federal reserve stock value is fixed, it doesn't fluctuate based on Federal Reserve profits. The law prohibits the general public, non-bank firms, and foreigners from owning anything more than a trivial amount of stock in any Federal Reserve Bank (12 USCA §283).
Moreover, the President is the one who nominated the Board of Governors. They must then be approved by the US Senate. The Rockefellers have never served as President of the US Government, therefore they don't nominate anyone. And it would be a stretch to suggest the Rockefellers have enough indirect influence to have significant power over who is nominated as a Board of Governor. And doing so is completely countered by the Senate's approval of Board of Governors.
I knew about the Senate approval. But why do you think one of the world's very richest and influential person, called by puppet master by many, because all of these foundations through he works, would it be a "stretch to suggest he has enough indirect influence to have significant power over who is nominated as a Board Governor"? Because I think it is exactly what he would aim to do! I think the president is just a Big Money frontman, and Rockerfeller is the Biggest Money in the USA!
I'm thinking you dismiss who planned and established the FED. Why establish it, so clandestine way in addition, if you don't have plans to use it? Why do the bankers plan to control the news media? Why is Rockerfeller behind the United Nations and the Bilderbergs and politicians like Kissinger for example? Are you trying to say he has no power aspirations? Would it not make sense, FED would be another monopoly Rockerfellers try to rule?
I would advise you to study the concept of hard money and the strict regulations surrounding it. Individuals and corporations are strictly regulated regarding by the Federal Election Commission on how much campaign funds/donations they can supply to individual candidates (Buckley v. Valeo (1976)). Soft money, however, is less regulated. Soft money can only go to party building, and the money can never be provided to specific individuals.
By co-operation. You do this for me, I do that for you. You get this done, we promote you getting selected to this and that position. You push for this law and that act, and you'll have a nice executive job in our bank and can play golf rest of your llife.
Candidate promotion is not really the face of corruption.
All the American presidents and high gov members are multimillioneers. They have financial connections to oil, military industry and security industry. That's where the real donations happen, not the donations into their election campiagns!
And they also happened a long time before they ever became presidents or high office secretaries. It's an old weight og I owe yous.
Can you document any specific cases of this happening or is this mere speculation? It sounds like speculation or paranoia until you fully document specific examples of this occurring.
You mean like Cheney being the vice president and his former company getting major contracts from Iraq - which were admitted by the U.S. armed forces and the State Department? Or Homeland Security secretary lobbying for nude scanners? Or wars fought and countries invaded where it helped the United Fruit company? Or bankers going from Treasury to private banks and vice versa?
You know it and I know it, and everyone knows it: politics is quid pro quos.
a) Did not make the decision to go to Iraq. This decision was heavily influenced by 9/11. You're just being ridiculous now. Moreover, Cheney retired from Halliburton in 2000, so he didn't receive any benefits.
b) The Treasury doesn't set monetary policy, the Federal Reserve Board of Governors and the FOMC does. Moreover, the Treasury doesn't vote on legislation.
c) The HL Security Secretary also doesn't make laws, and would advocate scanners b/c she thinks they help.
Cheney was very much among the people who made decisions to go into Iraq. )/11 was an excuse to go to Iraq, and had nothing to do with Iraq. And wether Cheney had anything to do with the decision to go to Iraq or not, the fact is he was very influential and comes from the company that gained these contracts.
Treasury does advice on monetary and fiscal policies and tax legislation, it supervises banks, issues treasury securities and manages debt...
Cheney wasn't a part of the company and still is not a part of the company. There is absolutely no evidence Dick Cheney's intentions for advocating for the Iraq War had anything to do with his former employment. Moreover, Cheney didn't have much power over the decision to go to Iraq anyways. At least not compared to Congress and the President.
SadegoGG, I'm sorry but I can't take seriously a person who claims that the only corruption in politics is through campaign donations. A person who thinks politics is just about legislation and does not include "I owe yous" and "quid pro quos". You need someone's support, so you give him something in return: that's the CORE of politics!
Any money you give to a politician is deemed campaign donations. You can't just give a politician 10 million dollars and upon questioning claim it wasn't a campaign donation. The only internal discussions in politics that are proven would be pork, where Congressmen vote for a bill they are 50/50 on for a promised vote for their own bill by another Congressmen or something added into the undecided bill to make the Congressmen want it.
As I told you already, corruption is not all about giving money. It's also giving support, rewarding with job opportunities, business deals etc. Which part of the "I owe you" and "quid pro quo" you interpreted it's all about giving money to someone's account?
Until you provide me with examples and documentation of this happening, I will continue to consider your arguments frivolous and a waste of time. Unless you can back up your claims, its a waste of time to debate them. I am not going to reply to any more of your comments regarding politicians being bribed or bought out in some way unless you provide documentation.
"The Cunningham scandal is a U.S. political scandal in which defense contractors paid bribes to members of Congress and officials in the U.S. Defense Department, in return for political favors in the form of federal contracts. "
There are periodically scandals in which no more than 3 Congressmen are found taking bribes. They resign from their positions and are sentenced to 8 years in prison and have to repay most of what they received in bribes. This is beyond a shadow of a doubt proof that its mainstream for Congressmen to accept bribes in order to establish a World Government and/or aid certain corporations.
I said that politicians are corrupted with other means too but the campaign donations. You asked for a proof.
What I'm saying is that there are way for people to reward each others, and if Rockefeller wants to influence who is elected to the FED board, he does not need to donate for the president's election campign for that! And if he wants, he can influence on other people who in turn influence who are elected to the board.
If Rockefeller were to fund anyone, the amount of money he could give them would be strictly regulated as hard money. There is no evidence Rockefeller is buying out any politicians.. So I guess there's nothing to talk about.
Yeah, this is useless. You think the money would have to come from Rockefellers themselves. They have NO INFLUENCE on anyone, they have NO MONEY that has no apparent connection to them!
Rockefellers are just insanely rich, former monopoly men, who participated planning the FED in secrecy, League of Nations, United Nations, and are leading members in Bliderberg Group and CFR, but have no will to influence politics or who gets elected to FED board? Oh, boy, aren't you gullible!
You would have me to believe, they created FED, for the benefit of the people, in secrecy? They print the money from nothing, write checks from nothingness, for the benefit of the people? They have nothing to win who sits among the board of governors? Or they do, but choose not to care? Because thet are.... so benign?
The secret meetings that occurred have nothing to do with the Federal Reserve system we have today. There was a known shift towards central banking occurring in the late 1800s and early 1900s and there were some meetings to advance the banking movement. However, the Federal Reserve did not directly result from Rockefeller's work and did not result from Jekyll Island meetings. Moreover, the Federal Reserve doesn't have power over Congressmen, and neither does bilderberg.
Sure FED has evolved, but essentially it is still the same. I never said it was Rockefeller who drafted the FED, I said he participated creating it. Where did I say FED has power over the Congress? Why should it need one? Where do u pull this?
Bilderberg group is not a branch of any gov, but still has power over all the governments. The way you seem unable to understand: the people participating the group, have influence, and they have their jobs and positions through which they work.
"Rockefellers are just insanely rich, former monopoly men, who participated planning the FED in secrecy."
Moreover, you stated the Rockefellers participate in Bilderberg meetings. A lot of conspiracy theorists operate on the implication that Bilderberg, the Trilateral, etc...have power or leverage over Congress...which isn't true. If an idea is going to become US law, it has to pass through Congress just like any other piece of legislation.
Oh really? So these guys are silly conspiracy theorists, and all wrong? You know better?
“When the Federal Reserve Act was passed the people of the U.S. did not perceive that a world banking system was being set up here. A superstate controlled by international bankers and international industrialists acting together to enslave the world for their own pleasure. Every effort has been made by the Fed to conceal its powers, but the truth is – the Fed has
..usurped the Government. It controls everything here, and it controls all our foreign relations."
- Louis T. McFadden, Chairman of the House Committee on Banking and Curency !920-1931
"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..
...continues 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 nation states 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"
"I am afraid the ordinary citizen will not like to be told that the banks can, and do, create money ... And they who control credit of the nation direct the policy of governments and hold in the hollow of their hands the destiny of the people."
- Reginald Mckenna, former Secretary to the Treasury and Home Secretary
"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 by the Soviet Union.
"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."
So excuse me agreeing with these gentlemen that there are ways for men of power to control and influence governments and parliaments. And that the Council of Foreign Relations, The Trilateral Commission, Bilderberg Group and Federal Reserve are tools of this cabal of bankers and industrials, including the Rockerfellers.
If you said “d,” you could conceivably be speaking of the Trilateral Commission. According to some, this organization—despite a public goal of forging greater cooperation among the U.S., Western Europe, and Japan—has a hidden agenda: namely, to create an all-encompassing world government. Conspiracy theorists view the group’s high profile as something of a ruse—a false front of sorts.
Behind all the talk about enhancing relationships among economic superpowers is the implicit goal of “one worldism.”
Or, as the conspiracy-minded put it, total world domination. So the Trilateral Commission (which derives its name from the three regions of the globe it represents) “bands together to protect its interests, and to ensure, in the developed nations, that political leaders
were brought to power who would ensure that the global financial interests (of the Rockefellers and the other ruling elites) would be protected over the hoi poloi.” At least, that’s the claim of some of its critics, who often refer to the group as the “World Shadow Government.”
What kinds of decisions do the members of the Trilateral Commission make that could be seen as evidence of a far-flung plot to rule the world?
Conspiracy theorists will tell you that, for starters, they decide who heads the governments in their respective regions. They get presidents and prime ministers elected and are responsible for filling positions at the very highest level in the military and civilian government. And, of course, they control the banks.
The conspiracy theories about the Trilateral Commission have prospered not because of what’s unknown but because of what’s known.
There is an immense amount of information available about the group: its history, stated objectives, position papers, roster of members, etc. This makes all the conspiracy theorizing seem pretty counterintuitive. The Trilateral Commission members themselves would, ostensibly, be among the first people to share information about the group (most are public figures, including several major media figures, such as newspaper editors and news anchors).
So if there’s no secrecy, what has aroused the suspicion of so many individuals and groups? To begin with, there’s the concentration of power. Take a look at the roster of members and you will see the most influential social, political, and economic titans on the planet. Then there’s the group’s founder, international financier David Rockefeller, chairman of the Chase Manhattan Bank and head of his family’s world financial empire.
Lots of conspiracy theories are due simply to the disproportionate wealth of certain families, such as the
Rockefellers (money might not be the root of all evil, but it certainly seems to be the root of most conspiracy theories). Perhaps most convincing to those who look askance at the group are its successes. A couple of years after its founding in 1973, the group invited a fairly obscure Southern governor, Jimmy Carter, to
His rapid rise through the political system and his unlikely presidency are evidence, conspiracy theorists say, of the group’s power and influence. As one critic has noted:
"Carter, of course, campaigned as a “populist”—as a “man of the people”—as an “outsider” with no ties to the Establishment. The fact is, however, Carter, who said he’d never lie, was an elitist, an insider, the Trilateral Commission’s “man on a white horse."
“To think that the teacher in this relationship praised Marxism, and wanted to form a one-world government. And the student became the President of the United States.”
Some good, general background about the Commission—free of the doom-and-gloom prophesying of many other sites—can be found on the “Trilateral Commission” page of SourceWatch a self-described “encyclopedia of people, issues and groups shaping the public agenda.” The page mimics the look of Wikipedia and
offers a comprehensive history, a section on the funding of the Commission, and four pages listing the group’s officers and executive committee. The page also lists contact information for the Commission, including addresses, phone numbers, fax numbers, and email addresses. One of the most intriguing and well-presented overviews of the Trilateral Commission is available through the Web site of an organization called the American Institute for Economic Research.
Taking as its jumping-off point the notion that “The degree to which secrecy—or conspiracy—plays a part in it cannot be reasonably ascertained. But there is much about it that ought to invite closer scrutiny,” the site soberly assesses in think-tank-style prose the status and influence of the group:
"The Trilateral Commission has no official standing, in spite of the appearance of “commission” in its name. To the contrary, the Trilateral Commission membership
may breach U.S. law for some of its members. This is not because, as some assert, the Trilateral Commission is an “illegal super-secret political party.” But neither is it, as David Rockefeller claimed, merely a group of “private citizens of Western Europe, Japan and North America to foster a closer cooperation among these three regions on common problems.”
The site raises some legitimate-sounding concerns about whether the Trilateral Commission is even a legal organization:
"Crucial to the question of American legality is the membership of many officials of foreign governments in
Europe and Japan … The Logan Act explicitly prohibits U.S. Citizens not in appropriate government positions from attempting to deal with foreign government officials on aspects of foreign relations. Yet this is precisely what the Trilateral Commission focuses on."
The site even offers a percentage breakdown of what types of people make up the Trilateral Commission:
Although the site labels the CFR as the “mouthpiece” of the Trilateral Commission, interested readers might want to seek out the CFR official Web site to see what the group has to say for itself. The site “is designed to be an online resource for everyone
in these turbulent times who wants to learn more about the complex international issues challenging policy-makers and citizens alike.” Among its features are a history of the group’s founding and development,
lots of serious sounding, heavily researched articles about various regions of the globe, and a “mission statement” detailing the council’s efforts to “better understand the world and the foreign policy choices facing the United States and other governments.”
Is that a sincere declaration of intent or an understated masterpiece of propaganda? Don’t ask the people at the Conspiracy Archive, they see right through this sort of thing:
"CFR members in the mass media, education, and entertainment push their propaganda of “humanism” and world brotherhood. We should all live in peace under a world government, and forget about such selfish things as nationalities and patriotism.
We can solve our own problems. We don’t need God, or morals, or values: it’s all relative, anyway, right? Because if we actually had some moral character and values, we might be able to discern that these people are actually EVIL."
So, the CFR is not just sneaky, but evil? The Conspiracy Archive notes that it’s not only global domination, big-picture stuff, but “there are also allegations of involvement in gun running, drug smuggling,
prostitution and sex slaves; and many mysterious assassinations and ‘suicides’ of witnesses and others who got too close to the truth.” The Web site also provides links to an extensive array of articles connecting
the Trilateral Commission to everyone from European Unionists to international Zionists.
Trying to prove a link between the Trilateral Commission and the structures of power in Western society has never been the challenge for conspiracy theorists.
Nothing could be simpler, or more self-evident. President Ronald Reagan once hosted a reception for Commission members at the White House! That’s a pretty clear indication that the group holds considerable sway in the corridors of power. But are they using that access to subvert the U.S. Constitution
and realign the powers of the modern world into one all-powerful entity—one that would trump the autonomy of any of the member republics?
Commission members would no doubt dismiss such speculation as much paranoid nonsense, and they would refer interested persons to the lines of their precisely worded policy statements. Doubters have
already read those lines, and everything in between.
Louis T. McFadden was a member of the House of Representatives in the twenties and thirties and is one of the heroes of the Federal Reserve conspiracy theorists. A Republican from Canton, Pennsylvania, he was the chair of the House Banking and Currency Committee during the twenties, but was merely a Committee member by 1932. He used his position in Congress occasionally to crusade against the Federal Reserve, a stance Gary Kah implies may have cost McFadden his life.
On June 10, 1932 the House was debating a bill which would would expand the types of securities the Federal Reserve could trade when conducting monetary policy. McFadden used this opportunity to launch a twenty-five minute tirade against the Federal Reserve, and in so doing became a legendary champion amongst conspiracy theorists. However, just because a claim appears in the Congressional Record does not necessarily mean it is true. McFadden began...
"Mr. Chairman, we have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal reserve banks. The Federal Reserve Board, a Government board, has cheated the Government of the United States out of enough money to pay the national debt. The depredations and the iniquities of the Federal Reserve Board and the Federal reserve banks acting together
have cost this country enough money to pay the national debt several times over. This evil institution has impoverished and ruined the people of the United States; has bankrupted itself, and has practically bankrupted our Government. It has done this through defects of the law under which it operates, through the maladministration of that law by the Federal Reserve Board and through the corrupt practices of the moneyed vultures who control it."
Once the hyperbole and histrionics are deducted, there is little remaining of substance in the above quotation. McFadden makes the claim that the Federal Reserve had cost the federal government enough money to "pay the national debt several times over." Is he correct?
Please refer to the Annual Report, 1995, Board of Governors, p. 358. In this table we see that from 1914 to 1931 the Federal Reserve system collectively earned profits totaling $607 million.
About $102 million was distributed to member banks as dividends, and about $147 million was paid to the Treasury as a "franchise tax." The Federal Reserve banks kept the remaining $359 million. The national debt in 1932 was $19.5 billion, so even if the Federal Reserve had been paying all its profits to the government during this time, it would have been enough to pay only 3 percent of the national debt -- a far cry from McFadden's "several times over."
Moreover, the Federal Reserve's total revenues for the period were $971 million, so if the entirety of the System's revenues had gone straight to the Treasury, it still would not have been sufficient to make McFadden's claim even remotely accurate.
McFadden then covered a wide variety of topics related to the Federal Reserve Board. He accused it of assisting Trotsky's
efforts during the Russian Revolution, of being controlled by international bankers, of debasing the currency, and of many other fascinating transgressions. He also invoked the testimony of Father Charles E. Coughlin, the Catholic priest who would later become famous for his radio broadcasts in support of Hitler's National Socialist agenda.
We can study the accuracy of these claims, as well.
The first one is new to me, and I have not the slightest idea whether it is true, although given that McFadden had trouble with a claim which could be easily verified, it seems wise to invoke skepticism on his more fantastic accusations. Generally, this accusation is consistent with the "Protocols of the Learned Elders of Zion," originally published in 1903 in czarist Russia.
It is supposed to be an "internal" document proving the alleged international Jewish conspiracy, but it is now known to have been a hoax. Henry Ford popularized translations of it into English in the 1920s and this may have been McFadden's source. The second claim is false, as I show in my article, Do Foreigners Own the Fed? The claim that the Fed debased the currency is also false.
To "debase" a currency means to reduce its purchasing power, which happens when the general level of prices rises over time. This is usually caused by excessive growth of the money supply, yet in 1932 the price level was lower than it was in 1914, indicating that the opposite of a debasement had occurred.
McFadden also made some important and accurate arguments. During his speech on the House floor, he stated,
"From the Atlantic to the Pacific our country has been ravaged and laid waste by the evil practices of the Federal Reserve Board and the Federal reserve banks and the interests which control them ... This is an era of economic misery and for the conditions that caused that misery, the Federal Reserve Board and the Federal Reserve banks are fully liable."
What did McFadden mean by "economic misery?" They year he spoke, 1932, was the very worst time of the Great Depression.
The unemployment rate was approaching 25 percent of the labor force, which to this day stands as record for the U.S. economy. Homelessness, deprivation, and starvation, usually reserved for the ultra-poor in this country, were now stalking millions of former members of the middle class. "Economic misery" was an understatement.
Most economic historians would agree with McFadden that the policies of the Fed during this period were the primary cause of the Depression.
A mild recession in the summer of 1929 turned into a banking panic after the stock market crash in October of that year. Banks, which owned stocks and made loans to customers for the purpose of acquiring stocks, suddenly found a large portion of their assets nearly worthless as a result of the crash. Many of them began to fail, taking with them the deposits of millions of families (at the time there was no deposit insurance).
This sort of thing had happened many times before, but the Federal Reserve was created in 1913 in part to mitigate its effects as the banking system's "lender of last resort." In the midst of the first severe wave of bank failures in 1930, the Fed was deadlocked on what to do, eventually deciding to do nothing. Several more waves of bank failures followed and the Depression was well underway.
Thus, the crisis can reasonably be blamed on the erroneous policies of the Federal Reserve Board.
In my view, however, McFadden goes too far in terming the Fed's policies as "evil" or its consequences deliberate. As Friedman and Schwartz showed, the Fed essentially made an honest error in judgment. There is absolutely no evidence that the Federal Reserve intended to create the Great Depression. Such a motive would have made no sense from the Fed's point of view.
The Depression created a highly unstable economic and political environment. Why would it have intentionally created the sort of conditions that would have seriously endangered its own existence?
Finally, after McFadden's twenty-five minutes of ranting had expired, Senator Benjamin Strong of Kansas commented on the oratory he had just heard:
"There is a disease that afflicts mankind which is very vicious.
It warps the judgment, it narrows the vision, it even causes men to see red, to make mountains out of mole hills. This disease has sometimes been referred to as B.A. Ladies may refer to it as "tummy" ache, but out in the wide-open spaces men call it the "belly" ache, and I know of no man of my acquaintance that has this disease in so violent a form as the gentleman from Pennsylvania, Mr. McFadden.
I have not the time to refer to the many charges he makes against the Federal Reserve system, but I call attention to the fact that for 12 years he has been the chairman of the Banking and Currency Committee of this House and did not see fit during that time to remedy any of the evils of which he now complains. It seems to me entirely out of place to wait until he is retired as chairman of that great committee and then assault all of the institutions of which it has control."
Strong's statement suggested that McFadden's rant was little more than political bluster. If McFadden had really been the anti-Fed crusader some people today make him out to have been, then why did he not do anything about the Fed when he had the chance? More likely, he was making political points with his constituents by placing blame for the Great Depression at the door of the Federal Reserve.
Several other presidential candidates and dozens of cabinet officers have also been members of the Trilateral Commission. And the Columbia University professor Zbigniew Brzezinski, who wrote the book in the early 1970s advocating the creation of such a commission, became Carter’s National Security Adviser.
One wouldn’t think that such an organization, comprised of the most powerful bankers, politicians, academics, and media moguls, would need much help ruling the world.
But die-hard conspiracy theorists argue that the Trilateral Commission has been working in tandem
for the past 30 years with another quasi-public, highly influential group called the Council on Foreign Relations.
Originally founded at the end of World War I as a sort of unofficial governmental study group, the Council is comprised of many of the same people who sit on the Trilateral Commission
included Rockefellers, Henry Kissinger, George H. W. Bush, and Bill Clinton, as well as Supreme Court justices and the editor of the New York Times). The Council on Foreign Relations, some argue, serves as
a think tank for originating some of the ideas that are then promoted by the Trilateral Commission. The ideas promulgated by the Council, some say, all tend to argue for the creation of a New World Order,
the end of national sovereignty, and the creation of an all-powerful global government.
People suspicious of such consolidation point to global trade agreements like the North American Free Trade Agreement (NAFTA) and General Agreement on Tariffs and Trade (GATT) and the creation of the World Trade Organization (WTO) to bolster their arguments that the political power structure in the Western world is tilting toward “one worldism.”
As Melvin Sickler, a critic wary of this worldwide realignment, puts it, “There are two groups of elite men and women in particular that most people do not know about, but which are a clear threat and danger to the freedom of the American people. These are the Council on Foreign Relations (CFR) and the Trilateral Commission.”
What is it that the members of the Trilateral Commission actually do when they get together for their annual meeting?
make lots of recommendations, usually in the form of “draft reports” that suggest some course of action that Western governments ought to take. The Commission’s Web site alludes broadly to issues of “partnership.” Critics see such benign language as a smokescreen for its more insidious agenda, from promoting bank loans to impoverished Third World countries to dismantling trade barriers
Some conspiracy theorists claim that the U.S. Congress does the bidding for the Trilateral Commission, rubber-stamping its New World Order agenda. As one commentator has noted:
"Few Americans really understood back in 1993 what would happen under GATT because few ever heard of it—too many simply bought the propaganda from politicians and the rest were more interested in sports, porn, drugs, booze or fun times.
Guess how many members of the entire Congress read GATT? One—former Senator Hank
Brown. He’s the only senator who read this 28,000 page treaty and stated emphatically that no way would he vote for it. Yet, the rest of the Senate ratified this insidious treaty without ever reading it."
Those who warn of the commission’s power and its disproportionate influence say the seeds of the Commission’s destructive impact were sown by the group’s architect, Brzezinski,
Freed the Slaves into Federal reserve share cropping debts and the Slaves are the Lost Israelites.
-C.Israel2012
CIsrael2012 3 weeks ago
Brother Nathanael have you ever being seriously threatened or told to shut up or else? I will pray for your safety and well being good sir!
Allanlegacy43 3 weeks ago 2
at 500 trillon the rothschilds own all
blanenbishop 3 weeks ago
The dollar bill is not owned by america. Who lends it to America? Who prints it for America?
"The bottom line is it that central banking (The Federal Reserve) is an evil cancer, these people are selling us credit they don't have, so they can take profits they don't deserve out of our pockets, that's nuts."
Robert D. Steele (Marine corps intelligence officer)
stormydrain 1 month ago
Israeli companies do all the billing for every communications company in the USA. A good way to get a free intelligence stream while you're providing a service.
rickcain2320 1 month ago
@cbasallie Thank you Brother Nathanael.. God bless you. Our modern day Apostle Paul.
Jesus flipped out on the money changers. Think of it. ''money changers''...''stock exchange'.
cbasallie 1 month ago
22 dislikes are from jewish media who want to censor the internet
SpaceMountainWOOOOOO 2 months ago
BRAVOOOOOO BROTHER NATHANAEL FOUNDATION, WOW, THIS THE TRUTH, THIS WHAT I HAVE TRYING TO EXPLAIN PEOPLE BUT MOST OF THE PEOPLE ARE SHEEP, THEY DO NOT GET IT. THEY ARE BLINDED BY BULLSHIT HOLLYWOOD ZIONISTS SHOWS AND THEY SIMPLY CANNOT SEE IT. WAKUP SHEEPS ! AMERICA IS GOING DOWN WITH ZIONIST CENTRIC POLICIES WAKEUP BEFORE IT IS TOO LATE. VOTE FOR DR. RON PAUL.
southernman1905 2 months ago 2
Brother N Do you have info on the history of the Holy Roman Empire? Specifically, what it morphed into after 1800. It's a party to the Treaty of 1783 ending the revolutionary war, and shortly after disappeared....
But it's got a treaty claim against the US...
I'm trying to track that claim...
VerifiedNews 3 months ago
It is said in the bible, that people should not work with money because it's the devil's work. So Christians didn't go into banking and others took over the banking system. What a terrible mistake !!!.
nicopopoify 3 months ago 4
@nicopopoify Banks are inherently evil. The truth is that we don't need them to function just fine in society. Just a few generations ago people used to keep their savings at home. When the economy collapses it'll boil down to who has precious metals like Zimbabwe and their won't be a central place to store them. Money is just a means for more easily transferring goods from producer to consumer. It keeps us from having to barter and keeps everyone working for themselves and healthy.
Luigi84289 3 months ago
Jesus bless you BN.
holicat098 3 months ago
teach their children to value hard work and to be successful. That is why many of them have high positions in society, because they earned it.
joepidowski 4 months ago
Sorry, but you are wrong about the Constitution. The power to coin and print money is specifically given to CONGRESS under Article 1, Section 8. They do not have the power to create an independent agency to do it. And talk about Jews running the Federal Reserve, what do you say to someone like Milton Friedman who opposed the existence of the Fed? And, just because a lot of Jews are successful, doesn't mean that it is because of some plot. Having been one, you should know how Jewish families
joepidowski 4 months ago
I ask you this... Who is the problem? The Jews that own the banks or the people that prop these banks up? Which is the real problem? The Federal Reserve itself or the government that gives them the power?
Aesoe 4 months ago
Was it a coincidence that the Balfour Declaration was written to a Rothschild ?
klscott5 4 months ago
• It is not enough to say "Vote Ron Paul"
If you do not SWITCH PARTIES in time, 12 weeks in advance OF THE PRIMARIES IN MOST STATES (starting Late January 2012) your vote does not count! If you are not REGISTERED REPUBLICAN you can not vote Ron Paul in the PRIMARY If Ron Paul does not win the PRIMARY, he has no chance to win the election. Be the "Trojan Horse" be the "mole", infiltrate the system. FIND OUT when your state has its primaries.
Copy and paste this everywhere.
waypasthadenough 4 months ago
The question is not what a dollar is worth but what an hour of labor is worth.
waypasthadenough 4 months ago
Can this ownership be documented? If it's a private corporation it's books should be public accd. to law right?
waypasthadenough 4 months ago
This comment has received too many negative votes show
Quit blaming Jews for this.
jneil2007 4 months ago
@jneil2007
You are STUPID and MISINFORMED. End of Discussion. +BN
zionget 4 months ago 13
@zionget I'm stupid because I realize Jews aren't the only people that do wrong and use their wealth to profit from human suffering?
jneil2007 4 months ago
@jneil2007 You know nothing moron
SouthernCross33 3 months ago
@SouthernCross33 It's hard to reason with super religious people. Even though Jews such as Peter Schiff and Aaron Russo speak out against the Federal Reserve, which is Jewish owned, ya'll want to bitch and complain about Jews and Zionists. I actually agree with much of what ya'll say. But I realize Zionism and the Israel lobby isn't the only thing going wrong in America. How do I know nothing? You people are so fucking sensitive.
jneil2007 3 months ago
@jneil2007 If you had bothered to watch more of his videos you would see that Jews like Norman Finkelstein and Noam Chomsky have been banned from Israel for trying to educate Israeli's as to the truth. Not all Jews are Zionists. The trick like Iran, Russia, China and India partake in is to keep them out of positions of power and from over representing the Jewry of the country.
Luigi84289 3 months ago
ReDiscover911 dot com
It wasn't muslims.
whole2th 4 months ago
Of the twelve controlling banks of the Fed.Resrv., all are Jewish owned.
klscott5 4 months ago 4
This has been flagged as spam show
35 ' If one of your brethren becomes poor, and falls into poverty among you, then you shall help him, like a stranger or a sojourner, that he may live with you.
36 'Take no usury or interest from him; but fear your God, that your brother may live with you.
37 'You shall not lend him your money for usury, nor lend him your food at a profit. (Leviticus 25:35-37)
erydiam 4 months ago
35 ' If one of your brethren becomes poor, and falls into poverty among you, then you shall help him, like a stranger or a sojourner, that he may live with you.
36 'Take no usury or interest from him; but fear your God, that your brother may live with you.
37 'You shall not lend him your money for usury, nor lend him your food at a profit. (Leviticus 25:35-37)
erydiam 4 months ago
35 ' If one of your brethren becomes poor, and falls into poverty among you, then you shall help him, like a stranger or a sojourner, that he may live with you.
36 'Take no usury or interest from him; but fear your God, that your brother may live with you.
37 'You shall not lend him your money for usury, nor lend him your food at a profit. (Leviticus 25:35-37)
erydiam 4 months ago
35 ' If one of your brethren becomes poor, and falls into poverty among you, then you shall help him, like a stranger or a sojourner, that he may live with you.
36 'Take no usury or interest from him; but fear your God, that your brother may live with you.
37 'You shall not lend him your money for usury, nor lend him your food at a profit. (Leviticus 25:35-37)
erydiam 4 months ago
The zionist jews have said they will stop at nothing till they have a world of their own. They lie lie so much that they can not speak one true word. The halocaust is nothing but a lie the numbers always change of the victums in the camps. The claim that the cremation furnaces ran 23/7 is a lie because there is this thing called matinence you can not run two furnaces side by side while relining one furnace with new furnace brick even if the worker was forced to do it.
STORMLORD70 4 months ago
@STORMLORD70 Proverbs 10:25 When the storm has swept by, the wicked are gone, but the righteous stand firm forever...
We are waiting the storm 2012...The end of those wicked by money
erydiam 4 months ago
Norman Finklestein, another Jew that brings hope for us all.
svennbreng 4 months ago
Better vid who owns the FED, sheds a new light on any conspiracy, like this to keep at the top.
Search youtube "Who Owns The Federal Reserve? - G. Edward Griffin on The Fed"
Seems the truth is a bit boring lol
Battleneter 5 months ago
Great vid! A silver dime dime would have bought two candy bars back in the day and still will today! End the fed!!!
argentummolonlabe 5 months ago
Expel jews from Western Nations and cut all ties with Israel for good. International Jewry is nothing but a parasite making efforts to commit racial and cultural genocide for the jewish evolutionary strategy...
Tbow088 6 months ago
@Tbow088 Agreed.
getmoneystayreal 6 months ago
@Tbow088 I disagree with expelling Jews from Western Nations. If they hold dual citizenship with Israel they should be suspect and NOT allowed a place in in our government. That is a serious conflict of interest. However, I have many Jewish friends who first and foremost see themselves as loyal Americans.
jerseygrl5 5 months ago
"ALL THE WORLD SUFFERS FROM THE USURY OF THE JEWS, THEIR MONOPOLIES AND DECEIT.” ~ Pope Clement VIII (1536–1605)
ForeignPerson1 6 months ago 25
160 Because of the wrongdoing of the Jews We forbade them good things which were (before) made lawful unto them, and because of their much hindering from Allah's way,161 And of their taking usury when they were forbidden it, and of their devouring people's wealth by false pretences, We have prepared for those of them who disbelieve a painful doom.(The Holy Qur'an Chapter #4, Verse #160 & 161) God warned you 1400 yrs ago about the nature of these advocates of Satan but you didn’t take heed
malikalkindy 6 months ago
@DontForgetToJog
He's also doing a great job of telling the truth.
bmotx 6 months ago
~ThankYou patriot-Nathanael'Kapner for this dissertation about jewZionist's criminal so-called Fed.Reserve & IRS-henchmen installed in 1913 after the tough-minded Pres.AndrewJackson had kicked them out of operation in 1833 (-which is why the Rothschilds placed Jackson's portrait on their illegal counterfeit $20-notes; -as a face-slap, saying- "Ha, alas we jewZionist criminals are back destroying USA again...!). Pres. aspirant RonPaul would get rid of them again, -except the vote is rigged...!!!
AryanKnight 6 months ago
@HyperBorealOperator
In 1995, the New York Federal Reserve released a list of its highest shareholders, and Morgan Guaranty Trust was on the list. Barclays, ING and any foreign owned bank did not appear on the list.
SadegoGG 6 months ago
@HyperBorealOperator
The lost giglolounging posted is fabricated. No foreign bank, financial institution, government, or individual has ever held shares in the federal reserve. To do so would be in violation of the law (12 USCA §282). The list posted came from Gary Kah who sourced unnamed Saudi Arabian and Swiss contacts for the information. Eustace Mullins also constructed a different list of owners and suggested foreigners owned the Fed indirectly, which is also impossible.
SadegoGG 6 months ago
(1) The Federal Government has control over who sets monetary policy
(2) The Federal Reserve does have reserves
(3) Every bank that has ownership of the Federal Reserve banks is American owned
(4) The federal reserve has ~$11 Billion in gold
(5) The interest the US pays on the debt is reimbursed to the US Treasury, thus its virtually interest free.
(6) Rothschild Banks are foreign owned, thus can't hold ownership of the Fed.
(7) Golman SACHS is an investment bank and thus ineligible to have
SadegoGG 6 months ago
@SadegoGG
ownership over the Federal Reserve.
(8) Moses Seif Bank is in Italy, and thus is ineligible to have ownership of the Federal Reserve.
(9) The owners of the Federal Reserve have no power over setting monetary policy or any members of the Board of Governors.
(10) All prices raise in approximately equal proportions equally to income, thus small inflation doesn't matter.
(11) The Federal Reserve has no power over any branch of government.
SadegoGG 6 months ago
serious question. What exactly can "the people" do about this? it seems almost uncontrollable
weedsmokin100 7 months ago
@weedsmokin100
Get an economics degree and realize the information conspiracy theorists provide you with is fabricated and frivolous.
SadegoGG 6 months ago
hearing shit like this crushes me.
nanotek412 8 months ago
Brother Nathanael! Let's go march to Washington and express our views. It's a great thing to comment to these videos, but let's take the initiative upon ourselves and let our voices be heard not just read on a comment box! LET"S GO GO GO GO NOW!!
Platewarp 9 months ago
what 's with the crucifix on your garment ???
jews do not accept Jesus as their savior
szlagjasny 9 months ago
@szlagjasny He is a Jew who converted to Orthodox Christianity.
Prancer1231 9 months ago
Sure, JP Morgan Chase and Citigroup are Jewish loan sharks. Jamie Dimon and the Rockefeller and Morgan families must also be Jewish. Neal Kashkari must be Jewish too. Oops no he's Hindu. BCCI was Pakistani
Jewish parastite banker Greenspan was an acolyte of Tea Party HERO Ayn Rand. LOL
What a convoluted story.
dilbertgeg 10 months ago
@dilbertgeg It's not only the loan sharking or interest, but it's who gets the principle. 3% interest on $100.00 is only $3.00, but they get that initial $100.00 too when it's first printed. Each year the fed prints about $700 billion in principle. Sure the interest is costly, but the principle is enormous.
Rockguitarnow 8 months ago
@dilbertgeg
All those banks you listed are foreign owned banks, and thus ineligible for ownership of the federal reserve.
SadegoGG 6 months ago
well said brother! I'd like to add you channel.
ReligionlessFAITH 10 months ago
How about the Rockerfellers? Rotschilds are major owners of the FED, but everywhere I've heard, the FED and America is run by the Rockerfellers.
Aurinkohirvi 1 year ago
@Aurinkohirvi
(1) The owners of the federal reserve are at the bottom of the organization chart, as they have little power over how the federal reserve performs its daily operations and no power over setting monetary policy
(2) No stock to the Federal Reserve has ever been sold to a foreigner or a foreign bank.
SadegoGG 6 months ago
@SadegoGG
Rotschilds don't directly own FED, but are partners in owning American banks, which do. I once read an article which was connecting back who owns which banks, and who are behind the ownership of the FED.
Yes, I know. the FED is run by the 7-member board of governors, nominated by the president of the U.S. and approved by the Senate. But who influences the president to select whom as governors?
Aurinkohirvi 6 months ago
@Aurinkohirvi
Eustace Mullins also argued the federal reserve was owned indirectly by foreign banks via ownership of domestic banks. Since the money-center banks of New York own the largest portion of stock in the New York Fed, they hand-pick its board of directors and president. This would give them, and hence the London Connection, control over Fed operations and U.S. monetary policy.
Mullins, Eustace (1983), Secrets of the Federal Reserve. Staunton, Va.: Bankers Research Institute.
SadegoGG 6 months ago
@Aurinkohirvi
The Securities and Exchange Commission requires that firms whose stock is traded publicly report their major stockholders each year. The reports identify all institutional shareholders (primarily, firms owning stock in other companies), all company officials who own shares in their firm, and any individual or institution owning more than 5% of the firm’s stock. These reports show that only one of the N.Y. Fed’s current largest shareholders,
SadegoGG 6 months ago
@Aurinkohirvi
Citicorp, has any major foreign stockholders. As of January 1996, Price Alwaleed Bin Talad of Saudi Arabia owned 8.9% of Citicorp stock.2 None of the member banks on the above list have any significant portion of shares held by any foreign individual or institution. Mullins' claim that foreigners own the N.Y. Federal Reserve indirectly is also wrong.
SadegoGG 6 months ago
@Aurinkohirvi
According to the New York Federal Reserve website, its largest member banks are Chase Manhatten Bank, Citibank, Morgan Guaranty Trust Company, Fleet Bank, Bankers Trust, Bank of New York, Marine Midland Bank, and Summit Bank. None of the member banks on the above list have any significant portion of shares held by any foreign individual or institution. Mullins' claim that foreigners own the N.Y. Federal Reserve indirectly is also wrong.
SadegoGG 6 months ago
@Aurinkohirvi
Moreover, the ownership rights of Federal Reserve Bank stock are different than the common stock of typical corporations. Usually, the number of votes a shareholder has is proportional to the number of shares he owns. However, ownership of Federal Reserve Bank stock entitles the shareholder to one vote when voting for its regional Federal Reserve Bank officials regardless of how many total shares the member bank may own.
SadegoGG 6 months ago
@Aurinkohirvi
A group of international conspirators would need to purchase a controlling interest in a majority of the banks operating in the N.Y. district to guarantee the election of their desired minions to the N.Y. Fed’s board of directors. Buying that much stock in so many U.S. banks would require an outlay of hundreds of billions of dollars. Surely there must be a cheaper path to global domination.
References:
SadegoGG 6 months ago
@Aurinkohirvi
Mullins, Eustace (1983), Secrets of the Federal Reserve. Staunton, Va.: Bankers Research Institute.
I could only assume how the President compiles his list of possible candidates for the Board of Governors and selects them. I am sure every President goes through the decision making process differently.
SadegoGG 6 months ago
@SadegoGG
If it is accurate that Rotschilds do not wield connection to American banking, then this is a "I told you so"-moment to me!
Alex always says that it's the "Off-shore bankers" who rob Americans, and I've in numerous comments said that he downplays the involvement of domestic banks! As my first comment says everywhere I hear that the Rockerfellers are the ones wielding major influence among American bankers, and thus probably also in the FED.
Aurinkohirvi 6 months ago
@Aurinkohirvi
The owners of the federal reserve have basically absolutely no power over how monetary is set. Individual owners of the federal reserve have a very small power over picking 6 of the 9 Board of Directors for the Federal Reserve. The Board of Directors, acting independently of the owners, nominate people to be the Presidents of the Federal Reserve. These Presidents must be approved by the Board of Governors (Who are government appointed, not owner appointed).
SadegoGG 6 months ago
@Aurinkohirvi
The Presidents then rotate membership on the Federal Open Market Committee (There are 5 Presidents serving at once...the New York President always serves and the other 4 President spaces are rotated among the Fed Presidents). The 7 Board of Governors also serve on the Federal Open Market Committee (Though typically only 5 Governors choose to occupy the position). The Federal Open Market Committee and the 7 Board of Governors decide monetary policy, not the owners of the fed.
SadegoGG 6 months ago
@Aurinkohirvi
I have seen no evidence the Rockefeller family owns major portions of the Federal Reserve. If they did, it would be costing them hundreds of billions of dollars to do so. And even if they did have a considerable amount of ownership of the Federal Reserve, they would have essentially no power over how monetary power is conducted. They would have a bit more power over the daily operations of the Fed banks (Performing the monetary policy they are instructed to perform), but the power
SadegoGG 6 months ago
@Aurinkohirvi
of the owners of the Federal Reserve is rather small.
SadegoGG 6 months ago
@SadegoGG
Right, the power is with the board of governors. That's why I said: "I hear that the Rockerfellers are the ones wielding major influence among American bankers, and thus probably also in the FED." Would you disagree that most influential American bankers would have also influence to the bankers who make the members of the FED's board, and most probably also who gets nominated as board members? I would say that's a no-brainer!
Aurinkohirvi 6 months ago
@Aurinkohirvi
I don't think you understand how Federal Reserve stock works. The law does not permit the stock of a Federal Reserve Bank to be traded publicly like the stock of a typical corporation (12 USCA §286). Moreover, federal reserve stock value is fixed, it doesn't fluctuate based on Federal Reserve profits. The law prohibits the general public, non-bank firms, and foreigners from owning anything more than a trivial amount of stock in any Federal Reserve Bank (12 USCA §283).
SadegoGG 6 months ago
@SadegoGG
You are right, I did not know that public citizen may own FED shares. I thought only American banks can.
Aurinkohirvi 6 months ago
@Aurinkohirvi
Moreover, the President is the one who nominated the Board of Governors. They must then be approved by the US Senate. The Rockefellers have never served as President of the US Government, therefore they don't nominate anyone. And it would be a stretch to suggest the Rockefellers have enough indirect influence to have significant power over who is nominated as a Board of Governor. And doing so is completely countered by the Senate's approval of Board of Governors.
SadegoGG 6 months ago
@SadegoGG
I knew about the Senate approval. But why do you think one of the world's very richest and influential person, called by puppet master by many, because all of these foundations through he works, would it be a "stretch to suggest he has enough indirect influence to have significant power over who is nominated as a Board Governor"? Because I think it is exactly what he would aim to do! I think the president is just a Big Money frontman, and Rockerfeller is the Biggest Money in the USA!
Aurinkohirvi 6 months ago
@SadegoGG
I'm thinking you dismiss who planned and established the FED. Why establish it, so clandestine way in addition, if you don't have plans to use it? Why do the bankers plan to control the news media? Why is Rockerfeller behind the United Nations and the Bilderbergs and politicians like Kissinger for example? Are you trying to say he has no power aspirations? Would it not make sense, FED would be another monopoly Rockerfellers try to rule?
Aurinkohirvi 6 months ago
@Aurinkohirvi
I would advise you to study the concept of hard money and the strict regulations surrounding it. Individuals and corporations are strictly regulated regarding by the Federal Election Commission on how much campaign funds/donations they can supply to individual candidates (Buckley v. Valeo (1976)). Soft money, however, is less regulated. Soft money can only go to party building, and the money can never be provided to specific individuals.
SadegoGG 6 months ago
@SadegoGG
What? Are you really suggesting that if some Big Money person controls the president, it's through campaign donations? You must be freaking kidding!
Aurinkohirvi 6 months ago
@Aurinkohirvi
How do you suggest they fund candidates? Are there any examples or financial records, or are you merely speculating with absolutely no evidence?
SadegoGG 6 months ago
@SadegoGG
By co-operation. You do this for me, I do that for you. You get this done, we promote you getting selected to this and that position. You push for this law and that act, and you'll have a nice executive job in our bank and can play golf rest of your llife.
Candidate promotion is not really the face of corruption.
Aurinkohirvi 6 months ago
Meant to say candidate donations. But ok, promotion I guess goes too.
Aurinkohirvi 6 months ago
@SadegoGG
All the American presidents and high gov members are multimillioneers. They have financial connections to oil, military industry and security industry. That's where the real donations happen, not the donations into their election campiagns!
And they also happened a long time before they ever became presidents or high office secretaries. It's an old weight og I owe yous.
Aurinkohirvi 6 months ago
@Aurinkohirvi
Can you document any specific cases of this happening or is this mere speculation? It sounds like speculation or paranoia until you fully document specific examples of this occurring.
SadegoGG 6 months ago
@SadegoGG
You mean like Cheney being the vice president and his former company getting major contracts from Iraq - which were admitted by the U.S. armed forces and the State Department? Or Homeland Security secretary lobbying for nude scanners? Or wars fought and countries invaded where it helped the United Fruit company? Or bankers going from Treasury to private banks and vice versa?
You know it and I know it, and everyone knows it: politics is quid pro quos.
Aurinkohirvi 6 months ago
@Aurinkohirvi
Dick Cheney
a) Did not make the decision to go to Iraq. This decision was heavily influenced by 9/11. You're just being ridiculous now. Moreover, Cheney retired from Halliburton in 2000, so he didn't receive any benefits.
b) The Treasury doesn't set monetary policy, the Federal Reserve Board of Governors and the FOMC does. Moreover, the Treasury doesn't vote on legislation.
c) The HL Security Secretary also doesn't make laws, and would advocate scanners b/c she thinks they help.
SadegoGG 6 months ago
@SadegoGG
Are you a troll or for real?
Cheney was very much among the people who made decisions to go into Iraq. )/11 was an excuse to go to Iraq, and had nothing to do with Iraq. And wether Cheney had anything to do with the decision to go to Iraq or not, the fact is he was very influential and comes from the company that gained these contracts.
Treasury does advice on monetary and fiscal policies and tax legislation, it supervises banks, issues treasury securities and manages debt...
Aurinkohirvi 6 months ago
@Aurinkohirvi
Cheney wasn't a part of the company and still is not a part of the company. There is absolutely no evidence Dick Cheney's intentions for advocating for the Iraq War had anything to do with his former employment. Moreover, Cheney didn't have much power over the decision to go to Iraq anyways. At least not compared to Congress and the President.
SadegoGG 6 months ago
SadegoGG, I'm sorry but I can't take seriously a person who claims that the only corruption in politics is through campaign donations. A person who thinks politics is just about legislation and does not include "I owe yous" and "quid pro quos". You need someone's support, so you give him something in return: that's the CORE of politics!
Aurinkohirvi 6 months ago
@Aurinkohirvi
Any money you give to a politician is deemed campaign donations. You can't just give a politician 10 million dollars and upon questioning claim it wasn't a campaign donation. The only internal discussions in politics that are proven would be pork, where Congressmen vote for a bill they are 50/50 on for a promised vote for their own bill by another Congressmen or something added into the undecided bill to make the Congressmen want it.
SadegoGG 6 months ago
@SadegoGG
As I told you already, corruption is not all about giving money. It's also giving support, rewarding with job opportunities, business deals etc. Which part of the "I owe you" and "quid pro quo" you interpreted it's all about giving money to someone's account?
Aurinkohirvi 6 months ago
@Aurinkohirvi
Until you provide me with examples and documentation of this happening, I will continue to consider your arguments frivolous and a waste of time. Unless you can back up your claims, its a waste of time to debate them. I am not going to reply to any more of your comments regarding politicians being bribed or bought out in some way unless you provide documentation.
SadegoGG 6 months ago
@SadegoGG
You mean like this case "Cunningham scandal"?
"The Cunningham scandal is a U.S. political scandal in which defense contractors paid bribes to members of Congress and officials in the U.S. Defense Department, in return for political favors in the form of federal contracts. "
Aurinkohirvi 6 months ago
@Aurinkohirvi
So you change your argument to:
There are periodically scandals in which no more than 3 Congressmen are found taking bribes. They resign from their positions and are sentenced to 8 years in prison and have to repay most of what they received in bribes. This is beyond a shadow of a doubt proof that its mainstream for Congressmen to accept bribes in order to establish a World Government and/or aid certain corporations.
Your argument is still pretty weak.
SadegoGG 6 months ago
@SadegoGG
I said that politicians are corrupted with other means too but the campaign donations. You asked for a proof.
What I'm saying is that there are way for people to reward each others, and if Rockefeller wants to influence who is elected to the FED board, he does not need to donate for the president's election campign for that! And if he wants, he can influence on other people who in turn influence who are elected to the board.
Aurinkohirvi 6 months ago
@Aurinkohirvi
If Rockefeller were to fund anyone, the amount of money he could give them would be strictly regulated as hard money. There is no evidence Rockefeller is buying out any politicians.. So I guess there's nothing to talk about.
SadegoGG 6 months ago
@SadegoGG
Yeah, this is useless. You think the money would have to come from Rockefellers themselves. They have NO INFLUENCE on anyone, they have NO MONEY that has no apparent connection to them!
Rockefellers are just insanely rich, former monopoly men, who participated planning the FED in secrecy, League of Nations, United Nations, and are leading members in Bliderberg Group and CFR, but have no will to influence politics or who gets elected to FED board? Oh, boy, aren't you gullible!
Aurinkohirvi 6 months ago
To SadegoGG
You would have me to believe, they created FED, for the benefit of the people, in secrecy? They print the money from nothing, write checks from nothingness, for the benefit of the people? They have nothing to win who sits among the board of governors? Or they do, but choose not to care? Because thet are.... so benign?
Aurinkohirvi 6 months ago
@Aurinkohirvi
The secret meetings that occurred have nothing to do with the Federal Reserve system we have today. There was a known shift towards central banking occurring in the late 1800s and early 1900s and there were some meetings to advance the banking movement. However, the Federal Reserve did not directly result from Rockefeller's work and did not result from Jekyll Island meetings. Moreover, the Federal Reserve doesn't have power over Congressmen, and neither does bilderberg.
SadegoGG 6 months ago
@SadegoGG
Sure FED has evolved, but essentially it is still the same. I never said it was Rockefeller who drafted the FED, I said he participated creating it. Where did I say FED has power over the Congress? Why should it need one? Where do u pull this?
Bilderberg group is not a branch of any gov, but still has power over all the governments. The way you seem unable to understand: the people participating the group, have influence, and they have their jobs and positions through which they work.
Aurinkohirvi 6 months ago
@Aurinkohirvi
"Rockefellers are just insanely rich, former monopoly men, who participated planning the FED in secrecy."
Moreover, you stated the Rockefellers participate in Bilderberg meetings. A lot of conspiracy theorists operate on the implication that Bilderberg, the Trilateral, etc...have power or leverage over Congress...which isn't true. If an idea is going to become US law, it has to pass through Congress just like any other piece of legislation.
SadegoGG 6 months ago
@SadegoGG
Oh really? So these guys are silly conspiracy theorists, and all wrong? You know better?
“When the Federal Reserve Act was passed the people of the U.S. did not perceive that a world banking system was being set up here. A superstate controlled by international bankers and international industrialists acting together to enslave the world for their own pleasure. Every effort has been made by the Fed to conceal its powers, but the truth is – the Fed has
continues...
Aurinkohirvi 6 months ago
...continues
..usurped the Government. It controls everything here, and it controls all our foreign relations."
- Louis T. McFadden, Chairman of the House Committee on Banking and Curency !920-1931
"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..
continues...
Aurinkohirvi 6 months ago
...continues 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 nation states 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"
Aurinkohirvi 6 months ago
"I am afraid the ordinary citizen will not like to be told that the banks can, and do, create money ... And they who control credit of the nation direct the policy of governments and hold in the hollow of their hands the destiny of the people."
- Reginald Mckenna, former Secretary to the Treasury and Home Secretary
Aurinkohirvi 6 months ago
"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 by the Soviet Union.
Aurinkohirvi 6 months ago
"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
Aurinkohirvi 6 months ago
to SadegoGG
So excuse me agreeing with these gentlemen that there are ways for men of power to control and influence governments and parliaments. And that the Council of Foreign Relations, The Trilateral Commission, Bilderberg Group and Federal Reserve are tools of this cabal of bankers and industrials, including the Rockerfellers.
Aurinkohirvi 6 months ago
@Aurinkohirvi
If you were going to start a super-secret group whose aim was to run the world, which of the following would you do?
a. Establish a Web site so everyone could see what you do and who your members are
b. Meet regularly in world capitals with high-profile politicians and academics giving speeches covered by the global media
c. List your organization in the Manhattan phone directory, one of the most regularly used references in the
U.S.
d. All of the above
SadegoGG 6 months ago
@Aurinkohirvi
If you said “d,” you could conceivably be speaking of the Trilateral Commission. According to some, this organization—despite a public goal of forging greater cooperation among the U.S., Western Europe, and Japan—has a hidden agenda: namely, to create an all-encompassing world government. Conspiracy theorists view the group’s high profile as something of a ruse—a false front of sorts.
SadegoGG 6 months ago
@Aurinkohirvi
Behind all the talk about enhancing relationships among economic superpowers is the implicit goal of “one worldism.”
Or, as the conspiracy-minded put it, total world domination. So the Trilateral Commission (which derives its name from the three regions of the globe it represents) “bands together to protect its interests, and to ensure, in the developed nations, that political leaders
SadegoGG 6 months ago
@Aurinkohirvi
were brought to power who would ensure that the global financial interests (of the Rockefellers and the other ruling elites) would be protected over the hoi poloi.” At least, that’s the claim of some of its critics, who often refer to the group as the “World Shadow Government.”
What kinds of decisions do the members of the Trilateral Commission make that could be seen as evidence of a far-flung plot to rule the world?
SadegoGG 6 months ago
@Aurinkohirvi
Conspiracy theorists will tell you that, for starters, they decide who heads the governments in their respective regions. They get presidents and prime ministers elected and are responsible for filling positions at the very highest level in the military and civilian government. And, of course, they control the banks.
The conspiracy theories about the Trilateral Commission have prospered not because of what’s unknown but because of what’s known.
SadegoGG 6 months ago
@Aurinkohirvi
There is an immense amount of information available about the group: its history, stated objectives, position papers, roster of members, etc. This makes all the conspiracy theorizing seem pretty counterintuitive. The Trilateral Commission members themselves would, ostensibly, be among the first people to share information about the group (most are public figures, including several major media figures, such as newspaper editors and news anchors).
SadegoGG 6 months ago
@Aurinkohirvi
So if there’s no secrecy, what has aroused the suspicion of so many individuals and groups? To begin with, there’s the concentration of power. Take a look at the roster of members and you will see the most influential social, political, and economic titans on the planet. Then there’s the group’s founder, international financier David Rockefeller, chairman of the Chase Manhattan Bank and head of his family’s world financial empire.
SadegoGG 6 months ago
@Aurinkohirvi
Lots of conspiracy theories are due simply to the disproportionate wealth of certain families, such as the
Rockefellers (money might not be the root of all evil, but it certainly seems to be the root of most conspiracy theories). Perhaps most convincing to those who look askance at the group are its successes. A couple of years after its founding in 1973, the group invited a fairly obscure Southern governor, Jimmy Carter, to
join its ranks.
SadegoGG 6 months ago
@Aurinkohirvi
His rapid rise through the political system and his unlikely presidency are evidence, conspiracy theorists say, of the group’s power and influence. As one critic has noted:
"Carter, of course, campaigned as a “populist”—as a “man of the people”—as an “outsider” with no ties to the Establishment. The fact is, however, Carter, who said he’d never lie, was an elitist, an insider, the Trilateral Commission’s “man on a white horse."
SadegoGG 6 months ago
@Aurinkohirvi
“To think that the teacher in this relationship praised Marxism, and wanted to form a one-world government. And the student became the President of the United States.”
Some good, general background about the Commission—free of the doom-and-gloom prophesying of many other sites—can be found on the “Trilateral Commission” page of SourceWatch a self-described “encyclopedia of people, issues and groups shaping the public agenda.” The page mimics the look of Wikipedia and
SadegoGG 6 months ago
@Aurinkohirvi
offers a comprehensive history, a section on the funding of the Commission, and four pages listing the group’s officers and executive committee. The page also lists contact information for the Commission, including addresses, phone numbers, fax numbers, and email addresses. One of the most intriguing and well-presented overviews of the Trilateral Commission is available through the Web site of an organization called the American Institute for Economic Research.
SadegoGG 6 months ago
@Aurinkohirvi
Taking as its jumping-off point the notion that “The degree to which secrecy—or conspiracy—plays a part in it cannot be reasonably ascertained. But there is much about it that ought to invite closer scrutiny,” the site soberly assesses in think-tank-style prose the status and influence of the group:
"The Trilateral Commission has no official standing, in spite of the appearance of “commission” in its name. To the contrary, the Trilateral Commission membership
SadegoGG 6 months ago
@Aurinkohirvi
may breach U.S. law for some of its members. This is not because, as some assert, the Trilateral Commission is an “illegal super-secret political party.” But neither is it, as David Rockefeller claimed, merely a group of “private citizens of Western Europe, Japan and North America to foster a closer cooperation among these three regions on common problems.”
The site raises some legitimate-sounding concerns about whether the Trilateral Commission is even a legal organization:
SadegoGG 6 months ago
@Aurinkohirvi
"Crucial to the question of American legality is the membership of many officials of foreign governments in
Europe and Japan … The Logan Act explicitly prohibits U.S. Citizens not in appropriate government positions from attempting to deal with foreign government officials on aspects of foreign relations. Yet this is precisely what the Trilateral Commission focuses on."
The site even offers a percentage breakdown of what types of people make up the Trilateral Commission:
SadegoGG 6 months ago
@Aurinkohirvi
-Think-tank academics: 40 percent
-Bankers and related legal executives: 25 percent
-Multinational corporate executives: 25 percent
-Labor union representatives: 5 percent
-Mass media representatives: 5 percent
Although the site labels the CFR as the “mouthpiece” of the Trilateral Commission, interested readers might want to seek out the CFR official Web site to see what the group has to say for itself. The site “is designed to be an online resource for everyone
SadegoGG 6 months ago
@Aurinkohirvi
in these turbulent times who wants to learn more about the complex international issues challenging policy-makers and citizens alike.” Among its features are a history of the group’s founding and development,
lots of serious sounding, heavily researched articles about various regions of the globe, and a “mission statement” detailing the council’s efforts to “better understand the world and the foreign policy choices facing the United States and other governments.”
SadegoGG 6 months ago
@Aurinkohirvi
Is that a sincere declaration of intent or an understated masterpiece of propaganda? Don’t ask the people at the Conspiracy Archive, they see right through this sort of thing:
"CFR members in the mass media, education, and entertainment push their propaganda of “humanism” and world brotherhood. We should all live in peace under a world government, and forget about such selfish things as nationalities and patriotism.
SadegoGG 6 months ago
@Aurinkohirvi
We can solve our own problems. We don’t need God, or morals, or values: it’s all relative, anyway, right? Because if we actually had some moral character and values, we might be able to discern that these people are actually EVIL."
So, the CFR is not just sneaky, but evil? The Conspiracy Archive notes that it’s not only global domination, big-picture stuff, but “there are also allegations of involvement in gun running, drug smuggling,
SadegoGG 6 months ago
@Aurinkohirvi
prostitution and sex slaves; and many mysterious assassinations and ‘suicides’ of witnesses and others who got too close to the truth.” The Web site also provides links to an extensive array of articles connecting
the Trilateral Commission to everyone from European Unionists to international Zionists.
Trying to prove a link between the Trilateral Commission and the structures of power in Western society has never been the challenge for conspiracy theorists.
SadegoGG 6 months ago
@Aurinkohirvi
Nothing could be simpler, or more self-evident. President Ronald Reagan once hosted a reception for Commission members at the White House! That’s a pretty clear indication that the group holds considerable sway in the corridors of power. But are they using that access to subvert the U.S. Constitution
and realign the powers of the modern world into one all-powerful entity—one that would trump the autonomy of any of the member republics?
SadegoGG 6 months ago
@Aurinkohirvi
Commission members would no doubt dismiss such speculation as much paranoid nonsense, and they would refer interested persons to the lines of their precisely worded policy statements. Doubters have
already read those lines, and everything in between.
SadegoGG 6 months ago
@Aurinkohirvi
Louis T. McFadden was a member of the House of Representatives in the twenties and thirties and is one of the heroes of the Federal Reserve conspiracy theorists. A Republican from Canton, Pennsylvania, he was the chair of the House Banking and Currency Committee during the twenties, but was merely a Committee member by 1932. He used his position in Congress occasionally to crusade against the Federal Reserve, a stance Gary Kah implies may have cost McFadden his life.
SadegoGG 6 months ago
@Aurinkohirvi
On June 10, 1932 the House was debating a bill which would would expand the types of securities the Federal Reserve could trade when conducting monetary policy. McFadden used this opportunity to launch a twenty-five minute tirade against the Federal Reserve, and in so doing became a legendary champion amongst conspiracy theorists. However, just because a claim appears in the Congressional Record does not necessarily mean it is true. McFadden began...
SadegoGG 6 months ago
@Aurinkohirvi
"Mr. Chairman, we have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal reserve banks. The Federal Reserve Board, a Government board, has cheated the Government of the United States out of enough money to pay the national debt. The depredations and the iniquities of the Federal Reserve Board and the Federal reserve banks acting together
SadegoGG 6 months ago
@Aurinkohirvi
have cost this country enough money to pay the national debt several times over. This evil institution has impoverished and ruined the people of the United States; has bankrupted itself, and has practically bankrupted our Government. It has done this through defects of the law under which it operates, through the maladministration of that law by the Federal Reserve Board and through the corrupt practices of the moneyed vultures who control it."
SadegoGG 6 months ago
@Aurinkohirvi
Once the hyperbole and histrionics are deducted, there is little remaining of substance in the above quotation. McFadden makes the claim that the Federal Reserve had cost the federal government enough money to "pay the national debt several times over." Is he correct?
Please refer to the Annual Report, 1995, Board of Governors, p. 358. In this table we see that from 1914 to 1931 the Federal Reserve system collectively earned profits totaling $607 million.
SadegoGG 6 months ago
@Aurinkohirvi
About $102 million was distributed to member banks as dividends, and about $147 million was paid to the Treasury as a "franchise tax." The Federal Reserve banks kept the remaining $359 million. The national debt in 1932 was $19.5 billion, so even if the Federal Reserve had been paying all its profits to the government during this time, it would have been enough to pay only 3 percent of the national debt -- a far cry from McFadden's "several times over."
SadegoGG 6 months ago
@Aurinkohirvi
Moreover, the Federal Reserve's total revenues for the period were $971 million, so if the entirety of the System's revenues had gone straight to the Treasury, it still would not have been sufficient to make McFadden's claim even remotely accurate.
McFadden then covered a wide variety of topics related to the Federal Reserve Board. He accused it of assisting Trotsky's
SadegoGG 6 months ago
@Aurinkohirvi
efforts during the Russian Revolution, of being controlled by international bankers, of debasing the currency, and of many other fascinating transgressions. He also invoked the testimony of Father Charles E. Coughlin, the Catholic priest who would later become famous for his radio broadcasts in support of Hitler's National Socialist agenda.
We can study the accuracy of these claims, as well.
SadegoGG 6 months ago
@Aurinkohirvi
The first one is new to me, and I have not the slightest idea whether it is true, although given that McFadden had trouble with a claim which could be easily verified, it seems wise to invoke skepticism on his more fantastic accusations. Generally, this accusation is consistent with the "Protocols of the Learned Elders of Zion," originally published in 1903 in czarist Russia.
SadegoGG 6 months ago
@Aurinkohirvi
It is supposed to be an "internal" document proving the alleged international Jewish conspiracy, but it is now known to have been a hoax. Henry Ford popularized translations of it into English in the 1920s and this may have been McFadden's source. The second claim is false, as I show in my article, Do Foreigners Own the Fed? The claim that the Fed debased the currency is also false.
SadegoGG 6 months ago
@Aurinkohirvi
To "debase" a currency means to reduce its purchasing power, which happens when the general level of prices rises over time. This is usually caused by excessive growth of the money supply, yet in 1932 the price level was lower than it was in 1914, indicating that the opposite of a debasement had occurred.
McFadden also made some important and accurate arguments. During his speech on the House floor, he stated,
SadegoGG 6 months ago
@Aurinkohirvi
"From the Atlantic to the Pacific our country has been ravaged and laid waste by the evil practices of the Federal Reserve Board and the Federal reserve banks and the interests which control them ... This is an era of economic misery and for the conditions that caused that misery, the Federal Reserve Board and the Federal Reserve banks are fully liable."
What did McFadden mean by "economic misery?" They year he spoke, 1932, was the very worst time of the Great Depression.
SadegoGG 6 months ago
@Aurinkohirvi
The unemployment rate was approaching 25 percent of the labor force, which to this day stands as record for the U.S. economy. Homelessness, deprivation, and starvation, usually reserved for the ultra-poor in this country, were now stalking millions of former members of the middle class. "Economic misery" was an understatement.
Most economic historians would agree with McFadden that the policies of the Fed during this period were the primary cause of the Depression.
SadegoGG 6 months ago
@Aurinkohirvi
A mild recession in the summer of 1929 turned into a banking panic after the stock market crash in October of that year. Banks, which owned stocks and made loans to customers for the purpose of acquiring stocks, suddenly found a large portion of their assets nearly worthless as a result of the crash. Many of them began to fail, taking with them the deposits of millions of families (at the time there was no deposit insurance).
SadegoGG 6 months ago
@Aurinkohirvi
This sort of thing had happened many times before, but the Federal Reserve was created in 1913 in part to mitigate its effects as the banking system's "lender of last resort." In the midst of the first severe wave of bank failures in 1930, the Fed was deadlocked on what to do, eventually deciding to do nothing. Several more waves of bank failures followed and the Depression was well underway.
SadegoGG 6 months ago
@Aurinkohirvi
Thus, the crisis can reasonably be blamed on the erroneous policies of the Federal Reserve Board.
In my view, however, McFadden goes too far in terming the Fed's policies as "evil" or its consequences deliberate. As Friedman and Schwartz showed, the Fed essentially made an honest error in judgment. There is absolutely no evidence that the Federal Reserve intended to create the Great Depression. Such a motive would have made no sense from the Fed's point of view.
SadegoGG 6 months ago
@Aurinkohirvi
The Depression created a highly unstable economic and political environment. Why would it have intentionally created the sort of conditions that would have seriously endangered its own existence?
Finally, after McFadden's twenty-five minutes of ranting had expired, Senator Benjamin Strong of Kansas commented on the oratory he had just heard:
"There is a disease that afflicts mankind which is very vicious.
SadegoGG 6 months ago
@Aurinkohirvi
It warps the judgment, it narrows the vision, it even causes men to see red, to make mountains out of mole hills. This disease has sometimes been referred to as B.A. Ladies may refer to it as "tummy" ache, but out in the wide-open spaces men call it the "belly" ache, and I know of no man of my acquaintance that has this disease in so violent a form as the gentleman from Pennsylvania, Mr. McFadden.
SadegoGG 6 months ago
@Aurinkohirvi
I have not the time to refer to the many charges he makes against the Federal Reserve system, but I call attention to the fact that for 12 years he has been the chairman of the Banking and Currency Committee of this House and did not see fit during that time to remedy any of the evils of which he now complains. It seems to me entirely out of place to wait until he is retired as chairman of that great committee and then assault all of the institutions of which it has control."
SadegoGG 6 months ago
@Aurinkohirvi
Strong's statement suggested that McFadden's rant was little more than political bluster. If McFadden had really been the anti-Fed crusader some people today make him out to have been, then why did he not do anything about the Fed when he had the chance? More likely, he was making political points with his constituents by placing blame for the Great Depression at the door of the Federal Reserve.
SadegoGG 6 months ago
@Aurinkohirvi
While this may have been justifiable, he went too far by implying the Fed intended to wreck the economy.
1. Congressional Record, June 1, 1932 to June 11, 1932, U.S. Government Printing Office.
2. Johnson, George (1983). Architects of Fear. Boston: Houghton Mifflin.
3. Kah, Gary (1991). EnRoute to Global Occupation. Layfayette, La.: Huntington House Publishers.
4. Office of the Public Debt, U.S. Treasury Department.
SadegoGG 6 months ago
@Aurinkohirvi
Several other presidential candidates and dozens of cabinet officers have also been members of the Trilateral Commission. And the Columbia University professor Zbigniew Brzezinski, who wrote the book in the early 1970s advocating the creation of such a commission, became Carter’s National Security Adviser.
One wouldn’t think that such an organization, comprised of the most powerful bankers, politicians, academics, and media moguls, would need much help ruling the world.
SadegoGG 6 months ago
@Aurinkohirvi
But die-hard conspiracy theorists argue that the Trilateral Commission has been working in tandem
for the past 30 years with another quasi-public, highly influential group called the Council on Foreign Relations.
Originally founded at the end of World War I as a sort of unofficial governmental study group, the Council is comprised of many of the same people who sit on the Trilateral Commission
SadegoGG 6 months ago
@Aurinkohirvi
(its members have
included Rockefellers, Henry Kissinger, George H. W. Bush, and Bill Clinton, as well as Supreme Court justices and the editor of the New York Times). The Council on Foreign Relations, some argue, serves as
a think tank for originating some of the ideas that are then promoted by the Trilateral Commission. The ideas promulgated by the Council, some say, all tend to argue for the creation of a New World Order,
SadegoGG 6 months ago
@Aurinkohirvi
the end of national sovereignty, and the creation of an all-powerful global government.
People suspicious of such consolidation point to global trade agreements like the North American Free Trade Agreement (NAFTA) and General Agreement on Tariffs and Trade (GATT) and the creation of the World Trade Organization (WTO) to bolster their arguments that the political power structure in the Western world is tilting toward “one worldism.”
SadegoGG 6 months ago
@Aurinkohirvi
As Melvin Sickler, a critic wary of this worldwide realignment, puts it, “There are two groups of elite men and women in particular that most people do not know about, but which are a clear threat and danger to the freedom of the American people. These are the Council on Foreign Relations (CFR) and the Trilateral Commission.”
What is it that the members of the Trilateral Commission actually do when they get together for their annual meeting?
SadegoGG 6 months ago
@Aurinkohirvi
Mostly they
make lots of recommendations, usually in the form of “draft reports” that suggest some course of action that Western governments ought to take. The Commission’s Web site alludes broadly to issues of “partnership.” Critics see such benign language as a smokescreen for its more insidious agenda, from promoting bank loans to impoverished Third World countries to dismantling trade barriers
and creating global “free trade” zones.
SadegoGG 6 months ago
@Aurinkohirvi
Some conspiracy theorists claim that the U.S. Congress does the bidding for the Trilateral Commission, rubber-stamping its New World Order agenda. As one commentator has noted:
"Few Americans really understood back in 1993 what would happen under GATT because few ever heard of it—too many simply bought the propaganda from politicians and the rest were more interested in sports, porn, drugs, booze or fun times.
SadegoGG 6 months ago
@Aurinkohirvi
Guess how many members of the entire Congress read GATT? One—former Senator Hank
Brown. He’s the only senator who read this 28,000 page treaty and stated emphatically that no way would he vote for it. Yet, the rest of the Senate ratified this insidious treaty without ever reading it."
Those who warn of the commission’s power and its disproportionate influence say the seeds of the Commission’s destructive impact were sown by the group’s architect, Brzezinski,
SadegoGG 6 months ago