David Icke - Federal Reserve System Fraud.pdf

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C o n s p i r a c i e s , C o v e r U p s , T r u t h s ,
F a c t s , O d d i t i e s , R e s e a r c h
Facts and Factoids
"Just the Facts Ma'am"
The Federal Reserve is
PRIVATELY OWNED
by Thomas D. Schauf
"There is a self-satisfied dogmatism with which mankind at each period of its
history
cherishes the delusion of the finality of existing modes of knowledge."
Alfred North Whitehead
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Dear American:
Pursuant to your request, I will attempt to clear up questions you have
about the Federal Reserve Bank (FED). I spent much time researching
the FED and these are the shocking and revealing conclusions.
THE FEDERAL RESERVE BANK IS A PRIVATE COMPANY .
Article 1, Section 8 of the Constitution states that Congress shall have
the power to coin (create) money and regulate the value thereof. Today
however, the FED, which is a privately owned company, controls and
profits by printing money through the Treasury, and regulating its value.
The FED began with approximately 300 people or banks that became
owners (stockholders purchasing stock at $100 per share - the stock is
not publicly traded) in the Federal Reserve Banking System. They make
up an international banking cartel of wealth beyond comparison
(Reference 1, 14). The FED banking system collects billions of dollars
(Reference 8, 17) in interest annually and distributes the profits to its
shareholders. The Congress illegally gave the FED the right to print
money (through the Treasury) at no interest to the FED. The FED creates
money from nothing, and loans it back to us through banks, and charges
interest on our currency. The FED also buys Government debt with
money printed on a printing press and charges U.S. taxpayers interest.
Many Congressmen and Presidents say this is fraud (Reference
1,2,3,5,17).
Who actually owns the Federal Reserve Central Banks? The ownership
of the 12 Central banks, a very well kept secret, has been revealed:
Rothschild Bank of London
Warburg Bank of Hamburg
Rothschild Bank of Berlin
Lehman Brothers of New York
Lazard Brothers of Paris
Kuhn Loeb Bank of New York
Israel Moses Seif Banks of Italy
Goldman, Sachs of New York
Warburg Bank of Amsterdam
Chase Manhattan Bank of New York
(Reference 14, P. 13, Reference 12, P. 152)
These bankers are connected to London Banking Houses which
ultimately control the FED. When England lost the Revolutionary War
with America (our forefathers were fighting their own government), they
planned to control us by controlling our banking system, the printing of
our money, and our debt (Reference 4, 22).
The individuals listed below owned banks which in turn owned shares in
the FED. The banks listed below have significant control over the New
York FED District, which controls the other 11 FED Districts. These
banks also are partly foreign owned and control the New York FED
District Bank. (Reference 22)
First National Bank of New York
James Stillman National City Bank, New York
Mary W. Harnman
National Bank of Commerce, New York
A.D. Jiullard
Hanover National Bank, New York
Jacob Schiff
Chase National Bank, New York
Thomas F. Ryan
Paul Warburg
William Rockefeller
Levi P. Morton
M.T. Pyne
George F. Baker
Percy Pyne
Mrs. G.F. St. George
J.W. Sterling
Katherine St. George
H.P. Davidson
J.P. Morgan (Equitable Life/Mutual Life)
Edith Brevour T. Baker
(Reference 4 for above, Reference 22 has details, P. 92, 93, 96, 179)
How did it happen? After previous attempts to push the Federal Reserve
Act through Congress, a group of bankers funded and staffed Woodrow
Wilson's campaign for President. He had committed to sign this act. In
1913, a Senator, Nelson Aldrich, maternal grandfather to the
Rockefellers, pushed the Federal Reserve Act through Congress just
before Christmas when much of Congress was on vacation (Reference 3,
4, 5). When elected, Wilson passed the FED. Later, Wilson remorsefully
replied (referring to the FED), "I have unwittingly ruined my country"
(Reference 17, P. 31).
Now the banks financially back sympathetic candidates. Not
surprisingly, most of these candidates are elected (Reference 1, P. 208-
210, Reference 12, P. 235, Reference 14, P. 36). The bankers employ
members of the Congress on weekends (nickname T&T club -out
Thursday...-in Tuesday) with lucrative salaries (Reference 1, P. 209).
Additionally, the FED started buying up the media in the 1930's and now
owns or significantly influences most of it Reference 3, 10, 11, P. 145).
Presidents Lincoln, Jackson, and Kennedy tried to stop this family of
bankers by printing U.S. dollars without charging the taxpayers interest
(Reference 4). Today, if the government runs a deficit, the FED prints
dollars through the U.S. Treasury, buys the debt, and the dollars are
circulated into the economy. In 1992, taxpayers paid the FED banking
system $286 billion in interest on debt the FED purchased by printing
money virtually cost free (Reference 12, P. 265). Forty percent of our
personal federal income taxes goes to pay this interest. The FED's books
are not open to the public. Congress has yet to audit it.
Congressman Wright Patman was Chairman of the House of
Representatives Committee on Banking and Currency for 40 years. For
20 of those years, he introduced legislation to repeal the Federal Reserve
Banking Act of 1913.
Congressman Henry Gonzales, Chairman of a banking committee,
introduces legislation to repeal the Federal Reserve Banking Act of 1913
nearly every year. It's always defeated, the media remains silent, and the
public never learns the truth. The same bankers who own the FED
control the media and give huge political contributions to sympathetic
members of Congress (Reference 12, P. 155-163, Reference 22, P. 158,
159, 166).
THE FED FEARS THE POPULATION WILL BECOME
AWARE OF THIS FRAUD AND DEMAND CHANGE
We, the People, are at fault for being passive and allowing this to
continue.
Rep. Louis T. McFadden (R. Pa.) rose from office boy to become cashier
and then President of the First National Bank in Canton Ohio. For 12
years he served as Chairman of the Committee on Banking and
Currency, making him one of the foremost financial authorities in
America. He fought continuously for fiscal integrity and a return to
constitutional government (Reference 1). The following are portions of
Rep. McFadden's speech, quoted from the Congressional Record, pages
12595-12603:
"THE FEDERAL RESERVE BOARD, A GOVERNMENT BOARD,
HAS CHEATED THE GOVERNMENTOF THE UNITED STATES
AND THE PEOPLE 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."
About the Federal Reserve banks, Rep. McFadden said, "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; the rich and predatory money
lenders. This is an era of economic misery and for the reasons that
caused that misery, the Federal Reserve Board and the Federal Reserve
banks are fully liable."
On the subject of media control he state, "Half a million dollars was
spent on one part of the propaganda organized by those same European
bankers for the purpose of misleading public opinion in regard to it."
Rep. McFadden continued, "Every effort has been made by the Federal
Reserve Board to conceal its power but the truth is the Federal Reserve
Board has USURPED THE GOVERNMENT OF THE UNITED
STATES. IT CONTROLS EVERYTHING HERE AND IT CONTROLS
ALL OUR FOREIGN RELATIONS. IT MAKES AND BREAKS
GOVERNMENTS AT WILL.
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