No other topic is more important and explains better the demise of America, than
the saga of the Federal Reserve. To any objective citizen the conclusion is self evident. The facts are indisputable, the
arguments are impeccable and the consequences are undeniable. So why will the public avoid facing the ultimate crisis of national
If you are one of the very few who has never been presented with the evidence, the
task to educate yourself has just become easy. Thomas D. Schauf, CPA
has the devoted much time and energy to this subject. In "The Federal Reserve History"
he gives the background on the private company that most Americans erroneously, still
think is part of the central government. For the crowd that refuses to read or consider such accounts as valid and true, they
need to review the original provisions in the Federal Reserve Act, of December 23, 1913.
The essence of this fraud has been summarized in the classic - Billions for the Bankers,
Debt for the People by Sheldon Emery.
But even after all this evidence, the public still refuses to face the trepidation
- that they are living within a controlled economic system that is ruled by elites, while the masses pay all the bills.
The breadth of how confused the public has become and the extent of the disinformation
about the cure for this treachery against the nation, is seen in the final inference by William Greider in his book, Secrets of the Temple.
"He offered to the unsuspecting public a scathing expose of the Federal Reserve
System. His history was excellent, but his conclusion was treacherous. After having proven that the Fed was conceived as a
weapon of the banking elite against the common man and having shown throughout his book that this is exactly the function
it has always served, his conclusion was, not to abolish the Fed or even to make serious changes to it."
If people crave comfort in denial and solace in the company of weak willed citizens,
America is surely doomed. There can be no intelligent debate about the merits of the Federal Reserve. It is a pure FRAUD.
Fractional reserve banking is criminal. Public indebtedness, as a requirement for currency creation is the supreme Treason.
In the 70's this author was part of a group that sought a federal charter to organize
a commercial bank. The ultimate benefit of becoming part of the Fed, was that the bank would attain an equity interest in
the Federal Reserve. In monetary terms its value was insignificant when compared to the Chase empire. But the principle was
revealing and disturbing. By what generosity of approval, does an individual merit entry into the exclusive club of the money
manipulators? The project was withdrawn on moral grounds.
The last vestige of the Republic was lost when the Federal Reserve was enacted. If
you don't understand why the battle over Alexander Hamilton's plan for the first central bank, was so important, you will
never be able to comprehend that this struggle goes to the very nature of our country. Andrew Jackson is an America hero because
he opposed a fiat currency of an all powerful central government. But the depths of deceit even extends into the
corridors of that government, for public tribute must be paid to the private owners of the Fed. How could any honest American
defend this system?
At the core of the enforcement process that protects the entire Federal Reserve swindle
are the legal tender laws. From the Federal Reserve Bank of Cleveland site:
"Legal tender laws require that residents of a country accept payment in that
country’s currency even if the contract stipulates payment be made in another country’s currency,
gold, bales of hay, or whatever."
Again this author had the experience of a court ruling in his favor on a contract
for Specific Performance. Specific performance legislation means that courts must require delivery of exactly what was promised
in a contract. However, when it comes to adjudicate conflicts and disparities with legal-tender laws, the Federal courts require
adherence that federal reserve notes must be accepted as payment for all debts and transactions, public and private. Without
the compulsion of court protection the Federal Reserve would fall like a house of cards.
So why does the America public continue to wear the chains of serfdom so willingly?
The answer is obvious. The citizens of this great land don't deserve to be called Americans! They have become hollow tools
of the insidious propaganda that tells them that your own property is really not yours. They have accepted their status as
slaves to a money racket that destroys their lives and relegates them to a hopeless future. But their greatest sin is that
they embrace the mythology in this satanic religion of an unconstitutional money monopoly.
In the name of a contrived "war on terror" the populace is flocking to relinquish
their natural rights. But even in times of peril, are we suppose to ignore the biggest domestic Ponzi scheme? This one dwarfs
the Social Security scam in both scope and depth. When new debt is necessary to issue additional currency, any increase in
the money supply adds to a liability that can never be retired. Do you dare take the Money Quiz?
By comparing the purchasing power of money in the United States (or colonies) from
1665 to any other year including the present, you will be provided with the empirical evidence that so many wish to scorn.
Here are the results - the real value of $100.00 in 1913 reflected in Federal Reserve Notes, for the year 2001. Now compare
how many U.S. Dollars it took in 1913 to have the same worth as $100.00, of real constitutional money, in 1776:
1. $1779.93 in the year 2001 has the same "purchase power" as $100 in the year 1913.
2. $113.33 in the year 1913 has the same "purchase power" as $100 in the year 1776.
Case closed . . .
It is easy to appreciate why the greed for money and the lust for power devised this
corrupt deception on the American public. What is difficult to understand is why the people are so timid to demand the replacement
of a monetary system that keeps them in perpetual bondage?
Thomas Jefferson was concise in his early warning to the American nation, "If the American people
ever allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and
corporations that will grow up around them will deprive the people of all their property until their children will wake up
homeless on the continent their fathers conquered."
So tell me, is the Federal Reserve a friend or foe of America?