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The FED's 99 Year Charter Ends on 12/21/2012, How Come No One Is Talking About This???
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Saddletramp:MV8xOTEwNDcwXzM0OTI5NTk0XzVGMTNBNjgx] [quote:Anonymous Coward 1103915:MV8xOTEwNDcwXzM0OTI5NTEzXzlBRUI5MkE=] [quote:Anonymous Coward 28878214:MV8xOTEwNDcwXzM0OTI5Mzg4XzRCMzNBNzU5] [quote:Saddletramp:MV8xOTEwNDcwXzM0OTI5MzA4XzgzRUEyRDUx]...however, it would probably require that someone take these facts to court for anything to be done about this... [/quote] If anybody does try this, make sure you don't take the convertible. Or at least keep the top up. :hiding: [/quote] The courtroom approach is futile and unneccessary. The Charter is a form of Treaty and cannot be undone except by agreement of both parties or proof by one of them showing fraud on the part of the other. You are not a Party to this Treaty and have no Cause. [/quote] That's not true, Corporate Charters, even those created by an act of Congress have, by legal precedent, a maximum term of 99 years... Corporate Charters are simply leaseholds granted by the States or Federal Government, leaseholds have a maximum term... It has been determined by many previous state and federal courts that those leaseholds (charters) maximum term is 99 years... [/quote]
Original Message
The Federal Reserve Act was passed and signed by Woodrow Wilson during the Congressional Christmas Break in 1913. The Federal Reserve is a private company owned by several multi-national bank holding companies and in the Federal Reserve Act the Fed recieved a 99 year charter. This charter expires on 12/21/2012 and in order to be re-chartered it is supposed to take the ratification of 2/3 of the states, just like a constitutional amendment...
Yet not a single politician or anyone in the Financial Media is talking about this, even the Fed isn't asking congressmen or the executive branch to act on this...
Makes you wonder if this current crisis isn't engineered to fast track this re-charter through an Emergency Act...Naw, that would be a Conpiracy!!!
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