Federal Reserve Bank Fraud Allowed
Federal Reserve Bank Fraud is Allowing the Destruction of the US Economy by a Handful of Elite Families Who Control the Government.
Most people do not understand that the Federal Reserve is not regulated by the government.
They believe the “Fed” to be those individuals they see on TV, typically the head of the organization, discussing the current interest rate or state of the economy.
They do not comprehend the power the Federal Reserve has over the money of United States citizens, and so many other aspects of their lives.
The Fed was created in 1913 by the enactment of the Federal Reserve Act.
The initial purpose of the Federal Reserve was to curb banking panics, like those that had taken place in 1907.
Many have speculated though, that big bankers intentionally manipulated the market in order to frighten people into accepting a central banking system.
Obviously, the creation of the Federal Reserve did not halt economic panic, as the Great Depression illustrated, and many other major banking crises have gone on to prove the same since then.
What then, is the true purpose of having a centralized banking system, if the main reason given has proven to be inaccurate?
As is usually the case, someone is making money off the system, through the Federal Reserve Bank fraud. Take for example, the large banking organization, JP Morgan.
In 1907, Congress provided $25 million for their acquisition of the troubled Knickerbocker Trust Company.
In 2008, Congress provided JP Morgan $30 billion of public insurance to acquire the troubled Bear Stearns Investment Bank.
This tells you that rich, robber baron types, that have since grown into large corporate banks, have a vested interest in the Federal Reserve.
This is a perfect example of Federal Reserve Bank fraud. The Fed has the ability to create and lend the money that these large banks need and want in order to grow more powerful and more controlling.
Because the Federal Reserve is printing money at whatever rate they choose, there is no actual value to the pieces of paper, other than what the Federal Reserve dictates.
This has led to the American Dollar being less respected, in a sense.
For instance, while society continues to work hard to accumulate money, merchandise and commodoties continue to increase in cost.
This means that as the value of items like food and oil rise, Americans are able to purchase less of what they need with their less-valuable Dollars.
Upon examining the workings of the Fed, it becomes clear how the American people are slaves to the system.
America’s Founding Fathers saw this inevitability, based on the society they had left behind in England.
Warnings were issued, but as is the case with history, it grows revisionist through the intentions of corrupt, selfish individuals.
Tool of Banksters
The Federal Reserve bank fraud is the result of politicians being manipulated by the rich in order to be elected.
During Woodrow Wilson’s political campaign, he assured those in favor of a centralized banking system that he would sign the Federal Reserve Act, if elected.
The money flowed in, helping to create a successful campaign, and in December 1913, the Federal Reserve was created.
Wilson later admitted regreting his decision, but by then, it was too late.
The Federal Reserve Bank fraud was the greated act of treason ever committed by a president to this day.
The act enabled the Federal Reserve to take responsibility for printing money, and then lending it back to the government, with interest.
The obvious question would be, who is responsible for paying this interest, since the government does nothing to create income?
The answer should be fairly obvious, too. The American citizens are responsible for paying this interest debt, through their income tax dollars.
The Federal Reserve Bank fraud system is one of the few that can be found in government that is streamlined and efficient.
The government borrows money from the central bank, the central bank prints this money and lends it with interest, and the American people are held responsible for the government’s interest payments.
The American government remains in perpetual debt, the American people are robbed of about 30% of their income, and the rich bankers continue to grow wealthier.
The fraud committed by the Federal Reserve is one of the most transparent, and yet least questioned, scams of all time.
Fed Not Regulated by Government
While most people hear the term “federal” applied to something, and assume it is under government control, that is not the case with the Federal Reserve.
The Fed receives no government regulation, it doesn’t pay income tax on the money that is given to them through America’s income tax dollars, and they have never been audited.
This means that there is no official record of where these interest payments are going.
This bank fraud is allowed to happen because elected officials turn a blind eye to the power of the Federal Reserve.
The American public continues to suffer and debt continues to build for future generations.
Individual politicians are given campaign contributions to buy their silence, and once they are elected, it benefits them to go along with the system.
For instance, how many politicians would be elected again if they told their constituents there was no money to fix the roads and bridges in their communities? Probably not many.
So Congress continues to spend money that the Fed prints, and the American people continue to pay the interest on these unnecessary debts.
The system will never be explained properly by the government to the American people because too many of the powerful and wealthy stand to lose out on a lot of income.
The ignorance of the American people allows the Federal Reserve Bank fraud to continue and corrupt the country.