federal reserve banking system

The gold standard is a red herring. The problem with the current money system is not that it's not backed by gold. It's that we are charged interest on money created from nothing. A private corporation (FRS) is profiting on all money that is created. When that money is repaid, the principle is destroyed leaving the banks with the profit (interest).

Money should be created with no debt attached, by the Federal Government, as specified in the Constitution.

I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.

-Thomas Jefferson

thanks all

i'm starting a petition on change.org right now...

will link in a few

The Federal Reserve and IRS by James Rink

By the turn of the century, the Rothschild’s had fully entrenched themselves into the tight fraternity of Wall Street banks such as Goldman-Sachs and Lehman Brothers. They now sought their most prized possession, full control over American monetary system. With help from Jacob Schiff and J.P. Morgan the Rothschild’s formed a scheme which would seduce congress into relinquishing control over the money supply.

This occurred with the Panic of 1907 when a liquidity crisis caused many banks and business to fail all across the United States. The meltdown began when J.P. Morgan published rumors that the Knickerbocker Trust Company of New York was insolvent. With a bank run on hand they were forced to call in their loans creating a chain reaction which would threaten to implode the entire banking system. The failures continued until J.P. Morgan and Company provided a generous loan to the insolvent banks. But J.P. Morgan was not trying to save the American banking system, but rather, he used the crisis to destroy his competition by choosing which banks he would bailout.

But the biggest causality of the economic fallout was the looming bankruptcy of the Corporation of the United Sates which had no means to pay back their loans which were due in 1912. In anticipation of this bankruptcy, representatives from the world’s most powerful families met in November 1910 at a secret meeting at the Jekyll Island Club resort in Georgia to discuss the foreclosure of the corporation of the United States and to brainstorm solutions which would prevent future liquidity crises such as occurred during the Panic of 1907.

Those in attendance included Senator Nelson Aldrich, Paul Warburg, representatives from J.P. Morgan and Company, and Jacob Schiff representing the Rothschild family. They proposed a 20 year extension on the national debt, if the United States would agree to charter a privately owned central bank, which would serve as a bank of last resort by lending money to other insolvent banks in order to prevent future bank runs.

A week later they emerged with their plans to create what is now known as the Federal Reserve System. Because the current President Taft would never agree to sign away the American monetary system to a cabal of international bankers, they waited until they got their man, the progressive Woodrow Wilson into power. In return for the banker’s generous campaign contributions, Woodrow Wilson reluctantly promised the bankers he would sign the Federal Reserve Act if he was elected into office.

Many powerful forces were opposed to the creation of a privately controlled central bank, to neutralize this threat J.P. Morgan invited the major opponents of the Federal Reserve Act onboard the maiden voyage of the newly built Titanic luxury streamliner built by the White Star Line, owned by J.P. Morgan. J.P. Morgan ordered the captain to steer his ship into an iceberg and under gunpoint prevented the men from escaping onto the lifeboats, killing many his enemies in one large swoop. When word of this got back to Woodrow Wilson he commented, “There exists this power in the world so subtle, so organized, so watchful, that we dare not speak above a whisper when we speak in condemnation of it.”

At the beginning of 1913 the United States had defaulted on its debt. After being denied a new line of credit, the now President Woodrow Wilson faced a constitutional crisis. With no other sources of funding he went along with the bankers schemes engineered at the Jekyll Island Resort.

To avoid any opposition, Senator Nelson Aldrich quickly pushed the Federal Reserve Act through both houses of Congress. On December 23, 1913, while most of congress was away on Christmas vacation a quorum call was issued. A few selected congressional traitors voted by voice to avoid public record and passed the Federal Reserve Act, which President Wilson signed into law. Wilson later admitted with remorse, when referring to the Fed."I have unwittingly ruined my country".

This act gave away the keys of the printing presses at the U.S. treasury to a foreign corporation, chartered under the Crown of England known as the Federal Reserve Bank. The Federal Reserve Bank advertises it’s self as a non-profit corporation that operates as if it’s another branch of the government. However, its board members are unelected and their meetings are conducted behind closed doors away from public scrutiny. All this secrecy becomes very suspicious considering how the Federal Reserve monitors and controls trillions of dollars within the world’s banking system.

After the federal government lost its ability to issue its own money, the national debt soon soared to astronomical heights. Because now the government had to pay the Federal Reserve interest on all its currency printed into circulation. But this interest on the national debt could never be repaid as the Federal Reserve required all debts to be repaid with gold, which the government did not have. And even worse, the interest portion of the national debt was not issued into the money supply. In other words more and more debt will have to be issued to continue servicing the growing interest payments on all loans.

In order to cover this interest payment, congress was forced to pass the income tax legislation, which became law in 1913 with the ratification of 16th amendment; also known as the income tax amendment. Initially they levied a 1% voluntary tax on all incomes over $3,000, and a progressive surtax on incomes over $20,000, but this would soon increase with the outbreak of World War I and World War II.

Income tax allowed the Federal Reserve System to confiscate the earnings of the common man. But the industrialists and financers were exempted from paying any income tax because they could afford to hide their assets in tax free foundations which they claimed were devoted to philanthropy. Examples of such include the Rockefeller Foundation, the Mellon Foundation, and the Carnegie Endowment.

Technically the 16th amendment was not ratified by the necessary states as it violates the constitutional clause of no direct taxes, despite this; congress went ahead and taxed the people anyway. The government was able to do this because under their corporate charter, congress was operating as the board of directors and therefore they had the authority to enter this amendment as ratified. But remember, this amendment has nothing to do with the original United States constitution which was replaced back in 1871 with the corporate constitution.

“No capitation, or other direct, tax shall be laid, unless in proportion to the census or enumeration herein before directed to be taken.” Article I, Section 9, Clause 4

In 1933 the United States once again declared bankruptcy. To make all citizens subject to the repayment on the national debt the bankers chartered a Delaware corporation known as the Bureau of Internal Revenue. But this corporation was illegally masquerading as part of the government placing them under a constant threat of lawsuit. To escape this ligation they moved their jurisdiction outside of the United States to Puerto Rico. This occurred in 1953* when they changed their name to the “Internal Revenue Service” or “IRS” incorporated as a Puerto Rican Trust within the division of the Department of the Treasury of the Commonwealth of Puerto Rico. Further proof can be found within the United States Code which lists the IRS as Trust fund #62, the Puerto Rico special fund (Internal Revenue). This was done to divert all income tax payments to the International Monetary Fund owned by the various central banks of Europe and North America, which in turn are owned by the Crown of England.

Revenue Agent

Any duly authorized Commonwealth Internal Revenue Agent of the Department of the Treasury of Puerto Rico.

27 CFR 26.11

Puerto Rico special fund (Internal Revenue).

Section 31 U.S.C. 1321(a)(62)

* See Reorganization Plan 26 of 1950 and Reorganization Plan 1 of 1952, both mandated by Harry Truman.

The evidence proving income tax is paid to the United Kingdom is found deep within the IRS Individual Master File, which contains every transaction and financial record gathered by IRS officials throughout your lifetime. One of these codes (300-399 blocking series) determines what kind of tax you are paying. After looking this code up within the IRS 6209 manual, you find that they have incorrectly classified all Americans as domiciled corporations in either Guam, the Virgin Islands, or Puerto Rico (IRS 6209 Manual “TC 150”). Furthermore all taxpayers who filled out a 1040 form (IMF 300-309, Barred Assessment, CP 55 generated valid for MFT-30) are subject to a tax for doing commerce with the United Kingdom under a treaty with the United States (Business Master File BMF 390-399 reads U.S.-U.K. Tax Treaty Claims). As you follow the money trail you find that the taxes collected on the 1040 Form is then sent to the Crown of England as a tribute payment.

The Crown of England is a sovereign corporation located within the 677 acres of “The City” found within the heart of greater London. This tiny strip of land contains the world’s most power banking houses such as the Bank of England and Lloyd’s of London owned by House the Rothschild. It is these bankers and their counterpart, the temple bar attorneys that constitute the powerbase known simply as the “Crown”.

Even though the queen of England is a member of this club she is not its corporate head, that job was given to the Pontiff of Rome. The pope was given control over the monarchy with the signing of the Treaty of 1213 between King John and Pope Innocent III, which forever pledged England as a vassal state of the Holy Roman Empire. In 1297 that treaty was used as a precedent to incorporate “The City” as an independent city state controlled by the Vatican; which would govern England without directly relying on the monarchy.

Just like how the corporation of the United States was subject to the Crown of England, so too were the subjects of the British Empire enslaved with debt by the financial division of the Vatican headquartered within the City of London. Today this small clique of bankers have full authority over the affairs of parliament, and this has been the case since 1694 when Pope Innocent XI hired William of Orange to dispose the Stuart Kings and charter the Bank of England.

Located within the Crown of England is the original Federal Reserve charter which according to farmer claims legal team, allocates that 67% of the income tax collected by the IRS was to be divided to the Crown of England, another 23% was to be paid as a dividend to the 300 shareholders of the Federal Reserve Bank, and the last 10% was paid to the employees of the IRS to keep them quiet about this sweet deal.

Since 1913 none of the income tax collected by the IRS has gone to the federal government. The federal government is funded totally through black budget sources such as drug trafficking and off-budget accounting on the Comprehensive Annual Financial Report.

booyah!


please share...


[link to www.change.org]

thanks^^

I am very happy you all are starting to see the Federal Reserve for what it is, one giant scheme. They are the biggest Cancer to mankind. I'm glad people are waking up to this fact. Soon it will be gone.

pin till we win:)

is this website idiocracy?


lol?

one of the most important subjects on this planet.

i agree, should be permanently pinned untill we abolish the fed.

fed abolished, we won!

thank you:)

abolish the fed, save humanity from slavery
[link to www.change.org]

UNIVERSAL WAR

3. We must be in a position to respond to every act of opposition by war with the neighbors of that country which dares to oppose us: but if these neighbors should also venture to stand collectively together against us, then we must offer resistance by a universal war.

4. The principal factor of success in the political is the secrecy of its undertakings: the word should not agree with the deeds of the diplomat.

5. We must compel the governments of the GOYIM to take action in the direction favored by our widely conceived plan, already approaching the desired consummation, by what we shall represent as public opinion, secretly promoted by us through the means of that so-called "Great Power" - THE PRESS, WHICH, WITH A FEW EXCEPTIONS THAT MAY BE DISREGARDED, IS ALREADY ENTIRELY IN OUR HANDS.

The time is now the elders of zion will strike they will kill billions read how in my post.
Thread: The most vile book ever and the core of our worlds strife

lol.....wtf??^^

important

i request a perma pin till it's abolished.

Op, do you have a bank account?

Do you cash checks?

Do you spend cash?

If you do and you are not demanding your "money" FRNs be redeemed for lawful money, your thread and your petition are of little value.

Thread: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul

Stop endorsing the Federal Reserve, the remedy for their scam and criminal acts is in your signature.

Thread: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul

Your thread has some great information but it does not have a workable solution.

This one does:

Thread: Pay No Taxes legally -End the FED -synopsis page 8-Why are waiting for someone to do it for us like Ron paul

It is the lawful remedy and it also will free people from the voluntary Federal and State income tax, fractional reserve banking, commercial courts, patriot myths and many other things.

i don't use banks, they always skim off the bottom with hidden fee's and whatnot....

iv'e had to close my accounts because they are sneaky, also on cashing checks they don;t like to do that and do all they can to hassle on giving out money...

they want money coming in and not coming out, lol

so fuck the banks, imo...

they used to be a place to keep your money safe, now they want money..all of it...greed out of control is all it is...

some sinister stuff imo..

disgrace to the human race, imo..