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12:48 PM
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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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[quote:Anonymous Coward 1103915:MV8xOTEwNDcwXzM0OTI5ODgzX0QwQjQ5MTMw] Your statement about Corporate Charters is correct Saddletramp, and yes as far as I understand the precedents, 99 years is the maximum. The detail that is different is that the Fed Charter was with an acting government, which by definition makes it a Treaty eventhough the acting government was acting only legally, not Lawfully. As the Original Act was never ratified (neither legally nor Lawfully)by the Several States, and yet was magically enacted in the dead of night by less than a quorum while everyone else in Congress was on Christmas Vacation, I am now, as I have been for ten years, very interested to see what transpires over the next few months. For instance; when will they bring out the new $100 bills? Why have they been wharehousedfor the past several years instead of being destroyed if , as they say, they are flawed and useless? Inquiring minds want to know. [/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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