The FED, What You Need To Know. Part 1 of 2

How the FED Robbed the US of Its Wealth

President Franklin D. Roosevelt accepted the advice of England's leading economist, John Maynard Keynes (1883-1946), a member of the Illuminati, who said that deficit spending would be a shot in the arm to the economy.

Keynes wrote: "Lenin was certainly right, there is no more positive, or subtler, no surer means of overturning the existing basis of society than to debauch the currency ... The process engages all of the hidden forces of economic law on the side of destruction, and does it in a manner that not one man in a million is able to diagnose."

So, what it boils down to, is that the Federal Reserve determines the amount of money needed, which is created by the International Bankers out of nothing. Besides the face value, they charge the government 3¢ to produce each bill. William McChesney Martin, a member of the Council on Foreign Relations (CFR), and Chairman of the Federal Reserve (FED) during the 'New Frontier' years of the Kennedy Administration, testified to the Federal Banking Committee, that the value of the dollar was being scientifically brought down each year by 3-3-1/2%, in order to allow wages to go up. The reasoning behind this, was that the people were being made to think that they were getting more, when in fact they were actually getting less.

The Congress has also contributed to this process, by approving Federal Budgets, year after year, which requires the printing of more money to finance the debt, which, by the end of 2003, was over $6,900,000,000,000 ($6.9 trillion). When Wilson was President, the debt was about $1 billion, and in 1974, the debt was about $1 trillion.

Rep. Wright Patman of Texas (who was the House Banking Chairman until 1975), said in 1952:

"In fact there has never been an independent audit of either the twelve banks of the Federal Reserve Board that has been filed with the Congress ... For 40 years the system, while freely using the money of the government, has not made a proper accounting."

Patman, said that the Federal Open Market Committee (who, in addition to the Board of Governors, decide the country's monetary policy) is "one of the most secret societies. These twelve men decide what happens in the economy ... In making decisions they check with no one-- not the President, not the Congress, not the people."

Patman also said: "In the United States we have, in effect, two governments ... We have the duly constituted Government ... Then we have an independent, uncontrolled and uncoordinated government in the Federal Reserve System, operating the money powers which are reserved to Congress by the Constitution."

On January 22, 1971, Rep. John R. Rarick of Louisiana introduced HR351: "To vest in the Government of the United States the full, absolute, complete, and unconditional ownership of the twelve Federal Reserve Banks." He said: "The Federal Reserve is not an agency of government. It is a private banking monopoly." He was later defeated for re-election.

The Federal Reserve System has never been audited, and their meetings, and minutes of those meetings, are not open to the public. They have repelled all attempts to be audited. In 1967, Arthur Burns, the Chairman of the Federal Reserve, said that an audit would threaten the independence of the Reserve.

During the 1970's, many banks had left the Federal Reserve, and in December, 1979, Volcker told the House Banking Committee that "300 banks with deposits of $18.4 billion have quit the FED within the past 4-1/2 years," and that another 575 of the remaining 5,480 member banks, with deposits of $70 billion, had indicated that they intended to withdraw. He said that this would curtail their control over the money supply, and that led Congress, in 1980, to pass the Monetary Control Act, which gave the Federal Reserve control of all banking institutions, regardless if they are members or not.

In 1993, Sen. Bob Kerrey (Democrat, NE) promised to support President Bill Clinton's Budget Plan, if Clinton would appoint a Committee to study the condition of the American economy. The President established a 32-member bipartisan committee and in August, 1994, they issued their report. According to the committee's findings, by the year 2012, unless drastic changes are made, we won't even be able to pay the interest on the national debt. Knowing this, the federal government has allowed the trend to continue, almost as if they're trying to run our economy into the ground. [by the year 2012...] It seems obvious that the destruction of the American economy has been part of a deliberate plot to financially enslave our nation.

From 'GOLD RESERVES MANIPULATED AND US ECONOMY DESTROYED - FINAL WARNING: A HISTORY OF THE NEW WORLD ORDER' by David Allen Rivera. Source: -http://www.viewfromthewall.com-

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[JOHNTHEBAPTIST11]

Except when a president orders the troops to enter the federal reserve and shoot to kill anyone who resist and then places all others in jail and solitary confinement until they are waterboarded to find the truth of the mess america is in? Then expands that process to other nations to regain control of the monitary system?