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Have you ever wondered how the Federal Reserve worked?
Do you even know what the Fed is?
How was it created?
What is its purpose?
Most Americans don’t have any idea.
They may vaguely recall that it is the Fed that raises or lowers interest rates. But how? How in the world did a private corporation get the power to dictate interest rates? And what other powers and privileges has your government bestowed upon these gilded knights?
It all started back in 1913 in what some who have carefully studied the development describe as a coup d’etat that took place in America with the passage of the Federal Reserve Act.
The act was an attempt to take advantage of popular opinion in the United States for banking “reforms.” You know how Americans love “reforms.” In effect, however, it was not “reform” at all. It was a power grab – a coup in which a small group of bankers got a blank check to set monetary policy, and, thus, all policy, for the entire nation. No watchdogs. No guardrails. No accountability. Nada. Zip. Zilch.
Perhaps Rep. Charles A. Lindbergh Sr. said it best at the time: “It is common practice of congressmen to make the title of acts promise a right, but in the body or text of the acts to rob the people of what is promised in the title.”
The very name “Federal Reserve Bank” was designed to deceive. It is not federal. It is not a government agency. It is privately owned. In short, it is nothing more than a group of private banks charging interest on money that never actually existed.
“Oh, Farah,” you’re probably saying right now. “Whoa, fella. This is too much for me to absorb. Are you sure about this? This sounds like conspiracy stuff? Why isn’t anyone talking about something so amazing?”
Well, someone is.
In fact, you’ll learn all about it over the course of reading the July issue of Whistleblower magazine. Never before in the history of American journalism has this topic been so fully, factually and courageously explored.
In “The Federal Reserve: Fraud of the Century,” WND’s monthly offline magazine exposes the Fed as a wholly unaccountable, private institution that affects the lives of every American – probably more directly and profoundly than does the president of the United States. That’s why the Fed chairman is often referred to as the most powerful man in America.
In a nutshell, here’s how this Fed scheme works: The government prints $100 billion in interest-bearing U.S. bonds and takes them to the Federal Reserve. The Federal Reserve places the $100 billion in a checking account and the government writes checks against the balance.
In other words, we – the American people – allow this private banking system to create money out of thin air. And the bankers get interest on it – forever.
It’s a legalized counterfeiting operation – pure and simple.
Way back in 1931, Louis T. McFadden, chairman of the House Banking and Currency Committee, saw the problem: “The Federal Reserve Board and banks are the duly appointed agents of the foreign central banks of issue, and they are more concerned with their foreign customer than they are with the people of the United States. The only thing that is American about the Federal Reserve Board and banks is the money they use.”
“Mr. Chairman,” he pleaded on the House floor a year later, “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. … Some people think that the Federal Reserve Banks are United States government institutions. They are not government institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders. In that dark crew of financial pirates there are those who would cut a man’s throat to get a dollar out of his pocket; there are those who send money into the states to buy votes to control our legislation; and there are those who maintain an international propaganda for the purpose of deceiving us and wheedling us into granting of new concessions which will permit them to cover up their past misdeeds and set again in motion their gigantic train of crime.”
Do I have your attention? Do you want your country back? Do you want to know more? Get the July issue of Whistleblower magazine.
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Get the best book ever written on the Federal Reserve – “The Creature From Jekyll Island”
