- Note - Even though this was originally
released in 1992, the essential information in it is more relevant today
than ever.
-
-
- Acknowledgements:
-
- Our country likes to thank our forefathers
for the Constitution.
-
- I wish to thank Mr. Lou Gamboa for his
research of the Constitution and our banking system. Lou Gamboa is a
national speaker on the subject, and has spoken on numerous radio programs
in an effort to educate the public.
-
-
- I also want to thank Bob Corcoran for
his research and encouragement.
-
- I applaud the thousands of patriotic
Americans who are spreading the word so we can live in economic prosperity
and uphold our Constitutional rights.
-
- ARTICLE 1, SECTION 8 OF THE CONSTITUTION
STATES THAT CONGRESS SHALL HAVE THE POWER TO COIN (CREATE) MONEY AND REGULATE
THE VALUE THEREOF.
-
- IN 1935 THE SUPREME COURT RULED THAT
CONGRESS CANNOT CONSTITUTIONALLY DELEGATE ITS POWER TO ANOTHER GROUP.
(Reference 22, P. 168)
-
- Rothschild, a London Banker, wrote a
letter saying "It (Central Bank ) gives the National Bank almost complete
control of national finance. The few who understand the system will either
be so interested in its profits, or so dependent on its favours, that there
will be no opposition from that class... The great body of the people,
mentally incapable of comprehending, will bear its burden without complaint,
and perhaps without even suspecting that the system is inimical (contrary)
to their interests." [The bankers created the legislation for the
FED]
-
- In 1913, before the Senate Banking and
Currency Committee, Mr. Alexander stated: "But the whole scheme of
a Federal Reserve Bank with its commercial-paper basis is an impractical,
cumbersome machinery, is simply a cover, to find a way to secure the privilege
of issuing money and to evade payment of as much tax upon circulation
as possible, and then control the issue and maintain, instead of reduce,
interest rates. It is a system that, if inaugurated, will prove to the
advantage of the few and the detriment of the people of the United States.
It will mean continued shortage of actual money and further extension
of credits; for when there is a lack of real money people have to borrow
credit to their cost."
-
- 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 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.
-
- No man and no body of men is more entrenched
in power than the arrogant credit monopoly which operates the Federal
Reserve Board and the Federal Reserve banks. These evil-doers have robbed
this country of more than enough money to pay the national debt. What
the Government has permitted the Federal Reserve Board to steal from the
people should now be restored to the people."
-
- "Our people's money to the extent
of $1,200,000,000 has within the last few months been shipped abroad to
redeem Federal Reserve Notes and to pay other gambling debts of the traitorous
Federal Reserve Board and the Federal Reserve banks. The greater part
of our monetary stock has been shipped to foreigners. Why should we promise
to pay the debts of foreigners to foreigners? Why should American Farmers
and wage earners add millions of foreigners to the number of their dependents?
Why should the Federal Reserve Board and the Federal Reserve banks be
permitted to finance our competitors in all parts of the world?"
Rep. McFadden asked.
-
-
- "The Federal Reserve Act should
be repealed and the Federal Reserve banks, having violated their charters,
should be liquidated immediately.
-
- FAITHLESS GOVERNMENT OFFICERS WHO HAVE
VIOLATED THEIR OATHS SHOULD BE IMPEACHED AND BROUGHT TO TRIAL",
Rep. McFadden concluded (Reference 1, contains an entire chapter on <http://www.myfreeoffice.com/dwi/McFadden.htmlRep.
McFadden's speech).
-
- If the media is unbiased, independent
and completely thorough, why haven't they discussed the FED? Currently,
half the states have at least a grass roots movement in action to abolish
the FED, but there's no press coverage. In July, 1968, the House Banking
Subcommittee reported that Rockefeller, through Chase Manhattan Bank, controlled
5.9% of the stock in CBS. Furthermore, the bank had gained interlocking
directorates with ABC.
-
-
- In 1974, Congress issued a report stating
that the Chase Manhattan Bank's stake in CBS rose to 14.1% and NBC to 4.5%
(through RCA, the parent company of NBC). The same report said that the
Chase Manhattan Bank held stock in 28 broadcasting firms. After this
report, the Chase Manhattan Bank obtained 6.7% of ABC, and today the percentage
could be much greater. It only requires 5% ownership to significantly
influence the media (Reference 14, P. 56-57). This is only one of 300
wealthy shareholders of the FED. It is believed other FED owners have
similar holdings in the media. To control the media, FED bankers call
in their loans if the media disagrees with them (Reference 25, P. 134-137).
-
- Rockefeller also controls the Council
on Foreign Relations (CFR), the sole purpose of which is to aid in stimulating
greater interest in foreign affairs and in a one world government. Nearly
every major newscaster belongs to the Council on Foreign Relations. The
Council on Foreign Relations controls many major newspapers and magazines.
Additionally, major corporations owned by FED shareholders are the source
of huge advertising revenues which surely would influence the media (Reference
14, P. 56-59). It can be no wonder why groups such as FED-UP(tm) receive
minimal, if any, press attention.
-
- How do taxpayers stop financing those
whose purpose it is to destroy us? First, expose their activity, then demand
change.
-
- THE SOLUTION
-
- Currently all we do is exchange FED money
(interest attached) for real U.S. money (interest-free) dollar for dollar
as Kennedy tried to do. We should not be required to pay interest on
our own currency. According to Benjamin Franklin, this was one of the
primary reasons we fought the Revolutionary War. Today we are still fighting
the same family of bankers (Reference 4, Reference 1, P. 211, 212).
-
- The U.S. Government can buy back the
FED at any time for $450 million (per Congressional record). The U.S.
Treasury could then collect all the profit on our money instead of the
300 original shareholders of the FED. The $4 trillion of U.S. debt could
be exchanged dollar for dollar with U.S. non- interest bearing currency
when the debt becomes due. There would be no inflation because there would
be no additional currency in circulation. Personal income tax could be
cut if we bought back the FED and therefore, the economy would expand.
According to the Constitution, Congress is to control the creation of
money, keeping the amount of inflation or deflation in check. If Congress
isn't doing their job, they should be voted out of office. Unfortunately,
voters can't vote the FED or its Chairman out of office.
-
- If the government has a deficit, we could
handle it as Lincoln and Kennedy did. Print money and circulate it into
the economy, but this time interest-free. Today the FED, through foreign
banks, owns much of our debt and therefore controls us. The FED will
cease to exist as taxpayers become informed and tell other taxpayers.
The news media and Congress will have no choice but to meet the demands
of grass roots America. (Reference 1, P. 17, 22)
-
- AMERICA DECEIVED
-
- By law (check the Congressional record),
we can buy back the FED for the original investment of the FED's 300 shareholders,
which is $450 million (Reference 1, P. 227, Reference 17, P. 36). If each
taxpayer paid $25, we could buy back the FED and all the profit would flow
into the U.S. Treasury. In other words, by Congress allowing the constitutionally
illegal FED to continue, much of your taxes go to the shareholders of the
FED and their bankers. Note: The people who enacted the FED started the
IRS, within months of the FED's inception. The FED buys U.S. debt with
money they printed from nothing, then charges the U.S. taxpayers interest.
The government had to create income tax to pay the interest expense to
the FED's shareholders, but the income tax was never legally passed (Reference
20 shows details, state-by-state why it was not legally passed). The FED
is illegal, per Article 1, Section 8 of the United States Constitution.
Not one state legally ratified the 16th Amendment making income tax legal.
-
- Currently, fewer and fewer Americans
are being convicted for refusal to pay income taxes. In IRS jury trials,
the jury, by law, must decide if the law is just. If taxpayers do not
believe the law is just, the jury may declare the accused innocent. Judges
are legally bound to inform juries of their right to determine the fairness
of a law. Judges often do not disclose this information so they can control
the court outcome. Luckily, more and more citizens are becoming informed.
If one juror feels the law is unfair, they can find the defendant innocent
(Reference 19). In Utah, the IRS quit prosecuting taxpayers because jurors
verdict is not guilty. Please tell your friends and sit in the next jury.
-
- If we eliminate the FED and uphold the
Constitution, we could balance the budget and cut personal income tax to
almost nothing. In Congressional hearings on September 30, 1941, FED Chairman
Eccles admitted that the FED creates new money from thin air (printing
press), and loans it back to us at interest (Reference 17, P. 93). On
June 6, 1960, FED President Mr. Allen admitted essentially the same thing
(Reference 22, P. 164). If you or I did this we would go to jail.
-
- It is time to abolish the FED! Tell
your friends the truth and win America back. We don't even need to buy
back the FED. We only need to print money the way the Constitution requires,
not the new proposed international money. We want to keep our sovereignty
and print real U.S. money.
-
- Why has Congress allowed the FED to continue?
If a Congressperson tries to abolish the FED, the banks fund the Congressperson's
opponent in the next election (Reference 17, P. 35). The new Congressperson
will obviously support the FED. When Congresspeople retire, political
campaign funds are not taxed. Get elected and be a millionaire if you
vote right. By the way, the profit of the FED is not taxed either (Reference
1, 9). Once America understands, and takes action, Congresspeople will
then gladly abolish the FED. In 1992, Illinois Congressman Crane introduced
a bill, co-sponsored by 40 other Congressman, to audit the FED. This
is a step in the right direction.
-
- America is a great nation. As "We
the People" become informed, the media and Congress will be forced
to buy back the FED, balance the budget, significantly cut taxes, and stop
allowing bribes to determine voting strategies. I have already heard from
politicians who claim they will change their platform to include abolishing
the FED if enough people become informed.
-
- IT IS UP TO YOU TO INFORM THE PEOPLE
-
- The FED hopes you will be passive and
not act on this information. We believe in grass roots America - we are
waking up America. Ultimately, the battle plan is to inform all Americans
and demand change in the media and Congress. True Americans should run
for office and throw out the politicians who allow this fraud to continue.
Congress may refuse to deal with this issue. That's why each person needs
to go to their local county/state government with the proper paperwork
and ask them to abolish the FED. With the proper documents, they are legally
obligated to do it.
-
- WE NEED LEADERS TO BEGIN THIS ACTION.
WILL YOU HELP?
-
- Consider this fact. Most of the given
sources in this booklet show how the bloodline of family bankers who own
the FED funded both sides of all major wars. They created fake colonial
money to destroy the Americans during the Revolutionary War and tried to
finance both sides in the American Civil War. Abraham Lincoln refused
and the South accepted. Many publications show that these bankers financed
World War I, World War II, and the Russian Revolutionary War, which helped
Napoleon, Lenin, and Hitler come to power. They financed both sides from
money created from nothing and profited greatly. These same bankers created
a number of American depressions to change the U.S. legislation and seize
our wealth. Read the sources for details. This is why our forefathers
wrote in the Constitution that only Congress can issue money - not private
banks (Reference 18).
-
- More wars create more debt which means
more profit to the bankers (Reference 1, 21). These bankers planned three
world wars so people would welcome United Nations intervention to govern
the world in peace, not war. (Reference 22 gives specific details on World
War I and World War II, showing exactly how the bankers were responsible
for the beginning and continuation of these wars for their profit).
-
- The banks have publicly announced they
will force us to a cashless society by 1997. Furthermore, they plan to
create a one world government through the United Nations headed by the
FED, Trilaterals, and the Council on Foreign Relations (Reference 3).
By the definition of treason, they have committed treason! This means
you lose your rights under the Constitution and Bill of Rights. Does this
sound far fetched? Twenty-four U.S. Senators (two of them presidential
candidates, Harkin & Tsongas) and 80 Representatives have signed a
"Declaration of Interdependence." This Declaration, designed
to make a one world government, is treason to the oath of office they took.
The media remained silent. The FED announced publicly that their first
objective was to get nationalism out of the American people's heads because
patriotism to a country would not be of value in the future. The media
makes us think the U.N. has all the answers, and to "think globally."
Congress passed a law stopping certain individuals from being tried for
this treason (Reference 6, Reference 1, P. 191-198). Why pass this law
if no treason was committed? State Department document 7277 calls for
the disarming of America, thus turning our sovereignty over to a one-world
government. Again, the media is pushing to eliminate guns. Our forefathers
believed that the right to bear arms would prevent a takeover of our government.
History shows that before any government took over, they disarmed the
citizens. Hitler did it, and before our Revolutionary War, King George
told us to disarm - good thing we didn't!
-
- Under the Federal Reserve Bank Act, the
bankers control our economy. The FED controls interest rates and the amount
of money in the economy. These factors determine either economic prosperity
or the lack thereof. Bankers are now pushing for a one world government
and a cashless society. Why cashless? No cash means no money for drugs,
no theft, and the ability to collect taxes on the underground economy.
Anyone who wouldn't support a cashless society must be a drug dealer,
thief, or tax evader, right? What a cashless society really means is the
banks can now control you. Today you fear the IRS. In a cashless society,
if you disagree with the bankers' political goals, you'll find your money
gone via computer error. (For additional information on a cashless society,
read Reference 13, P. 174; Reference 3; Reference 14, P. 9-12; Reference
15, P. 136; Reference 25, P. 216).
-
- If you could accurately predict future
interest rates, inflation and deflation, you would know when to buy or
sell stocks and make a bundle of money. The FED has secret meetings (per
Congressional Record) to determine future interest rates and the amount
of money to be printed. The Securities Exchange Commission (SEC) by law,
stops insiders from profiting by privileged information. Congressional
records prove that FED bankers routinely hold secret meetings to profit
by manipulating the stock market via interest rates and the amount of
money they create. FED bankers also profit greatly from economic disasters
like the Depression (Reference 22, P. 56). The bankers create inflation,
sell their stocks before the market crashes, then buy up stocks at cheaper
prices. Bankers admitted this to Congress. This violates the law, yet
Congress does not act because these bankers are large political contributors
(Reference 17, P. 96-98; Reference 1, P. 162-163; Reference 22, P. 114-170
& P. 136). Thomas Jefferson predicted this scenario if we ever allowed
a private bank, like the FED, to create our currency (Reference 1, P.
247).
-
- FED Chairman Burns states "Killing
can be made simply by knowing the next few months newspapers ahead of time."
Congressman Patman said "The FED officials own more than 100 million
dollars (of stocks) while making decisions influencing these stock prices..."
(Reference 24, P. 123). History proves that banks profit from bankrupting
a nation (Reference 22, P. 56).
-
- Congress consistently defeats balanced
budget amendments. In the past 30 years, Congress has raised our taxes
56 times and balanced the budget only once. We need the sound banking
system our forefathers wanted us to have. History proves that banking systems
like the FED don't work. Major world powers have been destroyed over similar
banking systems (Reference 1). If we don't change this system NOW, in
five years the only thing our taxes will pay is the interest on the national
debt.
-
- Section 7 of the Federal Reserve Act,
passed December 23, 1913, states that much of the profit of the FED should
flow into the U.S. Treasury. In 1959, new legislation allowed the FED
to transfer bonds to commercial banks at no cost to the bank. Now the
FED receives less interest income and less profit for the U.S. Treasury
because the money is diverted to other banks through an accounting entry
(Reference 17, P. 115-130). Congress and the IRS do not have access to
the financial records of the FED. Every year Congress introduces legislation
to audit the FED, and every year it is defeated. The FED banking system
could easily be netting 100s of billions in profit each year. Through
"creative accounting" profit can easily be reclassified as expense
(Reference 14, P. 20, Reference 17, P. 239). Within the first few years,
the shareholders of the FED received their initial investment back with
no risk. All the income is tax-free, except for property tax, according
to the Federal Reserve Act. When are the profits of the FED going to
start flowing into the Treasury so that average Americans are no longer
burdened with excessive, unnecessary taxes? Clearly, Congress cannot or
will not control the FED. IT IS TIME TO ABOLISH IT!
-
- 3 WAYS TO ABOLISH THE FED AND ISSUE MONEY
PER THE UNITED STATES CONSTITUTION, ARTICLE 1, SECTION 8:
-
- * Buy back the FED and have the U.S.
Government collect all profits.
-
- * Abolish the FED by printing real
U.S. dollars as President Kennedy attempted (Executive Order 11.110, 1963)
(Reference 4).
-
- * Request your county/state to use
their Constitutional powers to abolish the FED. This is the BEST SOLUTION.
Nearly half the states are attempting or considering this action (Reference
5). Congress has had 80 years to follow the Constitution, and has refused
to abolish the illegal FED. The state/county effort is working faster
than any other method. We need your support to start a local chapter of
FED-UP(tm) Inc. and petition your county.
-
- THE WRONG SOLUTION THAT HAS FAILED FOR
80 YEARS
-
- Congress and the media may want to require
the FED to return the required profits into the U.S. Treasury (per the
Federal Reserve Act, 1913). The problem is that with "creative accounting"
techniques, profit can be easily masked as expense. The FED has expensed
items illegally to lower profit (Reference 17).
-
- "We the People" have pushed
the following states to pass or introduce legislation calling for an end
to the FED: Arizona, Washington, Arkansas, Idaho, Oregon, Indiana, and
Texas. We still need your signatures on petitions, even if you live in
these states. Many other states are considering such action due to your
petitions. These states and a few honest Congresspeople are powerless
until all Americans become informed and demand change. Please pass out
the petition. Once we demand change, the media will have to report the
whole truth and not just push their own agenda. FED-UP(tm) challenges
the media to expose the facts on prime time talk shows or news programs.
-
- By abolishing the FED, we would not pay
interest on Federal Reserve Notes. Until it is abolished, the FED has a
monopoly on profit on our currency and whether our money supply will be
increased or decreased, inflation or depression. The banks are capable
of controlling business by controlling who can or cannot obtain a loan.
-
- WE'VE DONE OUR PART - NOW IT IS UP TO
YOU TO SPREAD THE WORD. Please take the brochure (Cutting taxes $6,000
per family per year) to VFW, Moose/Elk Lodges, Bars, Union Halls, Churches,
and Association groups. Make copies of the "single-page" brochure
for everyone at work and ask your friends to do the same. Ask small business
owners in your community to tell other business owners and spread the brochure
and petition through the local Chamber of Commerce. CPAs should be interested
in saving their clients taxes. Ask your CPA to mail the brochure and petition
out to his/her clients. Upon receiving this petition, many presidents
of large corporations made this brochure and petition available to all
employees. Once people are informed, we can force a change. People will
have more money to spend, the economy will be strong, and we can keep our
Constitutional rights, liberties, and freedoms.
-
- Contact your library for the names and
addresses of your local and federal Congresspeople. MAIL THEM AN ENVELOPE
WITHOUT YOUR NAME AND ADDRESS ATTACHED. In the envelope, say "FED-UP(tm)
Inc. Abolish the FED." Also enclose one teabag (Boston Tea Party).
Ask your friends to do the same (give them the addresses). Politicians
are aware of the "Teabag Protest." If you don't mail it in,
they're going to believe that we're not organized or we just don't care.
IF YOU DON'T DO IT NO ONE ELSE WILL!
-
- Many Congresspeople want to make this
change, but can't without the support of the people.
-
- WHY OUR FOREFATHERS FOUGHT THE FED
-
- "Allow me to control the issue and
the nation's money and I care not who makes its laws!" The above
quote has long been attributed to the 18th century banker Amshell Rothschild
(his blood line controls the FED). For if one unscrupulous group is allowed
to print a nation's money - it can eventually use that money to gain control
of the press AND the politicians - and thus gain control of making the
nation's laws - and finally - control of the nation itself. (Reference
4)
-
- If you will take the time to read the
reference material listed which has been researched by Professors of Universities,
Congresspeople, etc, you will turn up information that might frighten you.
For instance, in 1921 the stockholders of the Federal Reserve financed
an organization called the "Council on Foreign Relations" (CFR).
Harpers magazine called this the most powerful organization in the United
States. Ninety percent of the people in the State Department and key
positions in the Executive Branch are members of the CFR. The CFR publishes
a magazine called "Foreign Affairs." Read it if you want to
know what is going to happen in coming years. The CFR is in favor of
a New World Order (Reference 3).
-
-
- Congressman Patman re-quoted Thomas Jefferson
showing that our founding fathers knew this banking principle very well.
"I believe that banking institutions are more dangerous to our liberties
than standing armies...." "Already they have raised up a money
aristocracy that has set the government at defiance. The issuing power
(of money)," he said, "should be taken from the banks and restored
to the people to whom it properly belongs." The American Revolution
was a struggle to wrest control of wealth from the Bank of England and
to restore the centers of power to the People where it "properly belongs."
The Constitution is specific about the authority of the People, through
their elected officials, to control the money, and thus, the affairs of
their government. (Reference 5, P. 32).
-
- Ben Franklin said in his autobiography
that the inability of the colonists to get the power to issue their own
money permanently out of the hands of George III and the international
bankers was [one of] the PRIME reason[s] for the Revolutionary War. (Quoted
in Reference 4)
-
- Thomas Jefferson stated, "If the
American people ever allow private banks to control the issue of currency,
first by inflation, then by deflation, the banks and corporations that
will grow up around them will deprive the people of all property until
their children will wake up homeless on the continent their fathers conquered."
(Reference 1, P. 247)
-
- Congressman Charles A. Lindbergh of Minnesota
said: "This [Federal Reserve] Act establishes the most gigantic trust
on Earth. When the President [Wilson] signs this bill, the invisible
government of the Monetary Power will be legalized... the worst legislative
crime of the ages, perpetuated by this banking and currency bill."
(Reference 5, P. 33)
-
- Robert H. Hemphill (Credit Manager, Federal
Reserve Bank in Atlanta): "We are completely dependent on the commercial
banks. Someone has to borrow every dollar we have in circulation, cash,
or credit. If the banks create ample synthetic money we are prosperous;
if not, we starve. We are absolutely without a permanent money system.
When one gets a complete grasp of the picture, the tragic absurdity of
our hopeless position is almost incredible, but there it is. It [the banking
problem] is the most important subject intelligent persons can investigate
and reflect upon. It is so important that our present civilization may
collapse unless it becomes widely understood and the defects are remedied
very soon." (Reference 1, P. 247)
-
- Napoleon, a sympathizer for the international
bankers, turned against them in the last years of his rule. He said: "When
a government is dependent upon bankers for money, they and not the leaders
of the government control the situation, since the hand that gives is above
the hand that takes... Money has no motherland; financiers are without
patriotism and without decency; their sole object is gain." (Reference
4)
-
- Congresspeople have referred to Federal
Reserve Notes as "FIAT" (no- backing) money. (Reference 1, P.
128, 169)
-
- In 1879 the Supreme Court declared that
the U.S. Government can legally issue United States Notes, debt and interest-free,
just as Lincoln and Kennedy attempted. (Reference 1, P. 233)
-
- A bank that attempted to repossess property
on the basis of default faced Judge Mahoney in a jury trial. Jerome Daly
was found innocent. The bank could not foreclose on the property because
it created the loan money from thin air, as many banks do. Use this as
a precedent the next time any bank tries to foreclose on your house.
(Reference 17, P. 82, 83 for court records)
-
- The FED violates Security & Exchange
Commission (SEC) rules. (Reference 17, P. 96-98)
-
- California 9th Circuit Court declared
FED banks are private, not government. (Reference 17, P. 273)
-
- Mr. Marriner Eccles, who was Chairman
of the board of Governors of the Federal Reserve System longer than any
other man, testified before the Joint Economic Committee in August 1962.
When Chairman Rep. Wright Patman asked whether it was not a fact that
the Federal Reserve System has more power than either the Congress or the
President, Eccles replied: "In the field of money and credit, yes."
(Reference 1, P. 206)
-
- Dr. Hans F. Sennholz, Chairman of the
Department of Economics at Grove City (PA) College stated: "The Federal
Reserve System facilitates the government's own inflationary financing
in "periods of emergency." It makes easy the inflationary financing
of budget deficits and the inflationary refunding of government loans.
It stabilizes the government bond market through inflationary methods
and manipulates this market to the advantage of the government. It does
all this by wrecking the purchasing power of the dollar; by subtly stealing
from the people of this country what it thus provides for the government,
through a process exactly on par with the coin clipping of ancient kings
but much less visible." (Reference 1, P. 250, 251)
-
- Source: Banking Act of 1935, Hearings
before a Subcommittee of the Banking and Currency Committee, U.S. Senate,
74th Congress, 1st Session, on S.1715, May 1935, pp 871-2. "The
Federal Reserve System is in the wrong hands. No Constitutional republic
can function when the government's money powers are in the hands of the
financial oligarchy such as New York financiers.
-
- A Republican Senator, who preferred to
remain unnamed, stated: "Congress is too much motivated by fears
and anxieties concerning pressure groups and the "non election."
(Reference 1, P. 210)
-
- By controlling Congress, the FED has
been able to control the nominating conventions of both political parties.
In this way, it has been able to hand-pick the presidential nominees so
that no matter which party wins, their nominee for President is under definite
obligations to the FED... (Reference 1, P. 210; Reference 22)
-
- In 1975, the Rockefeller Foundation Report
discussed the "Interdependence" of the countries of the world
on each other. It stated we are one world and America shall become a nation-state
under one government. They also say we must reach a zero state population
growth. The Rockefeller Foundation stated that they have in excess of
747 million dollars to achieve this with. (Reference 3)
-
- Congressman John R. Rarick states that
the Council on Foreign Relations CFR) is dedicated to a one world government.
The media remains conspicuously quiet. The CFR wants to convert the U.S.
from a sovereign, constitutional republic into a servile member state of
a one world dictatorship. On February 17, 1950, CFR member James Warburg
(banker, and architect of the Federal Reserve System) stated before a Senate
Foreign Relations Committee, "We shall have one world government whether
or not you like it, by conquest or consent." Again, the media remained
silent. In the April 1974 issue of the CFR journal, "Foreign Affairs",
page 558, Richard Gardener states that the new world order "will be
built... but an end run around national sovereignty, eroding it piece by
piece, will accomplish much more than the old fashioned frontal assault."
Congressman McDonald, Heinz and Tower stated that this is a conspiracy.
Again, the media remained silent. (Reference 14, P. 17, 18, 32, 33).
-
- THE CFR WANTS TO ABOLISH THE CONSTITUTION.
(Reference 14)
-
- In a letter to Thomas Jefferson, John
Adams wrote: "All the perplexities, confusions, and distresses in
America arise, not from defects in the Constitution or confederation, not
from want of honor or virtue, as much as from downright ignorance of the
nature of coin, credit, and circulation".
-
- ; and that the principle of spending
money to be paid by prosperity, under the same name of funding is swindling
futurity on a large scale." (Reference 1, P. 199)
-
- British bankers have stated "Those
that create and issue money and credit direct the policies of government
and hold in their hands the destiny of the people". (Reference 1,
P. 200-214)
-
- Adams, Jefferson, and Lincoln believed
that banker capitalism was more dangerous to our liberties than standing
armies. In a republic, banks would lend money but could not create or
manufacture it. (Reference 1, P. 215)
-
- Later, Jefferson used stronger language
and denounced the institution as "one of the most deadly hostilities
against the principles and form of our Constitution." Some have said
that Jefferson did not favor a strong central bank. What he did not favor
was the delivery of our monetary system into private hands to be run for
private profit. (Reference 1, P. 230)
-
- President James A. Garfield said: "Whoever
controls the money in any country is absolute master of industry [legislation]
and commerce". (Reference 1, P. 247, Reference 4)
-
- Without the Federal Reserve System, there
can be no continuing march towards socialism, and with it there can be
no free economy. (Reference 1, P. 251)
-
- By controlling our own money, Thomas
Jefferson expected that the government would incur no debt, as had occurred
in the European system. (Reference 1, P. 243) European banks are like
the FED.
-
- The FED system is the death of our Constitution.
(Reference 1, P. 250)
-
- THE PLAN TO REDUCE PERSONAL INCOME TAX
BY 75% AND BALANCE THE BUDGET BY ABOLISHING THE FED CAN BE PROVEN BY AMERICAN
HISTORY.
-
- THE FACTS
-
- * England lost the Revolutionary War.
-
- * England nearly destroyed the Colonies
by creating fake Colonial money and hyper-inflation.
-
- * Rothschilds who control the Bank
of England (Like our FED) said that by controlling the issue of money
(printing it) you can control the government.
-
- * The authors of the Constitution understood
private banks" control over governments. The Constitution gives only
Congress the right to print money.
-
- * From the beginning of the United
States to present there have been two ways to issue new currency:
-
- The first way is to have the government
print the money, debt and interest- free, and circulate it through the
economy for use as a medium of exchange. There is no tax levied to pay
interest on the currency in circulation because it is debt and interest-free.
This is the system Lincoln used with his "greenbacks", a system
Kennedy desired, and Jefferson demanded.
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