Who is in Charge of the Federal Reserve?
When Asking Who is in Charge of the Federal Reserve the Answer Has Nothing to do With the Brainwashing Nonsense You Were Taught in High School.
Who is in charge of the Federal Reserve? Most people still believe the Federal Reserve is a government entity.
Nothing could be further from the truth as the Federal Reserve System is a result of international bankers gaining monetary control.
They took over a duty the United States Constitution gave only to Congress. Only Congress is supposed to create and coin money.
However, in 1913 the international banking cabal pulled the wool over our eyes and was successful at stealing this right from us.
Your history books have been doctored. Who is in charge of the Federal Reserve?
For more enlightenment on this, one vital resource is to listen to the words of former Senator Louis T. McFadden, who in 1933, said:
Senator McFadden
“Mr. Chairman, 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, hereinafter called the Fed.
“The Fed has cheated the Government of these United States and the people of the United States out of enough money to pay the Nation’s debt.
“The depredations and iniquities of the Fed has cost enough money to pay the National debt several times over.
“This evil institution has impoverished and ruined the people of these United States, has bankrupted itself, and has practically bankrupted our Government.
“It has done this through the defects of the law under which it operates, through the maladministration of that law by the Fed and through the corrupt practices of the moneyed vultures who control it.”
A Private Bank
“Some people think that the Federal Reserve Banks are United States Government institutions.
“They are private monopolies which prey upon the people of these 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 states to buy votes to control our legislatures; there are those who maintain International propaganda for the purpose of deceiving 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.
“These twelve private credit monopolies were deceitfully and disloyally foisted upon this Country by the bankers who came here from Europe and repaid us our hospitality by undermining our American institutions.
“Those bankers took money out of this Country to finance Japan in a war against Russia.
“They created a reign of terror in Russia with our money in order to help that war along.
“They instigated the separate peace between Germany and Russia, and thus drove a wedge between the allies in World War I.
“They financed Trotsky’s passage from New York to Russia so that he might assist in the destruction of the Russian Empire.
“They fomented and instigated the Russian Revolution, and placed a large fund of American dollars at Trotsky’s disposal in one of their branch banks in Sweden so that through him Russian homes might be thoroughly broken up and Russian children flung far and wide from their natural protectors.
“They have since begun breaking up of American homes and the dispersal of American children.
“Mr. Chairman, there should be no partisanship in matters concerning banking and currency affairs in this Country, and I do not speak with any.”
European Bankers
“In 1912 the National Monetary Association, under the chairmanship of the late Senator Nelson W. Aldrich, made a report and presented a vicious bill called the National Reserve Association bill.
“This bill is usually spoken of as the Aldrich bill. Senator Aldrich did not write the Aldrich bill.
“He was the tool, if not the accomplice, of the European bankers who for nearly twenty years had been scheming to set up a central bank in this Country and who in 1912 had spent and were continuing to spend vast sums of money to accomplish their purpose.
“We were opposed to the Aldrich plan for a central bank.
“The men who rule the Democratic Party then promised the people that if they were returned to power there would be no central bank established here while they held the reigns of government.
“Thirteen months later that promise was broken, and the Wilson administration, under the tutelage of those sinister Wall Street figures who stood behind Colonel House, established here in our free Country the worm-eaten monarchical institution of the “King’s Bank” to control us from the top downward, and from the cradle to the grave.
“The Federal Reserve Bank destroyed our old and characteristic way of doing business.
“It discriminated against our 1-name commercial paper, the finest in the world, and it set up the antiquated 2-name paper, which is the present curse of this Country and which wrecked every country which has ever given it scope; it fastened down upon the Country the very tyranny from which the framers of the Constitution sought to save us.”
The Banksters
A further look at who Senator McFadden was talking about when he said the Fed is a private bank.
- Rothschild Banks of London and Berlin.
- Lazard Brothers Bank of Paris.
- Israel Moses Sieff Banks of Italy.
- Warburg Bank of Hamburg, Germany and Amsterdam.
- Kuhn Loeb Bank of New York.
- Lehman Brothers Bank of New York.
- Goldman Sachs Bank of New York.
- Chase Manhattan Bank of New York.
Educate Yourself
The bottom line is that the Federal Reserve is an illegal United States central bank.
The people who are the producers in America are being scammed by the banking elite.
While the producers slave away in their little shack homes, the bankers create money from nothing and steal the wealth of the land through the Fed.
The bankers produce nothing and contribute nothing but misery and slavery to the people.
Educate yourself on how bankers, our monetary system, and your debt are at the root of the elite-planned New World Order.
Ultimately, educate yourself on why your debt is impossible to pay off because the interest must be paid with more borrowed money.