Posts tagged owned
What would happen if the Federal Reserve was shut down permanently? That is a question that CNBC asked recently, but unfortunately most Americans don’t really think about the Fed much. Most Americans are content with believing that the Federal Reserve is just another stuffy government agency that sets our interest rates and that is watching out for the best interests of the American people. But that is not the case at all. The truth is that the Federal Reserve is a private banking cartel that has been designed to systematically destroy the value of our currency, drain the wealth of the American public and enslave the federal government to perpetually expanding debt. During this election year, the economy is the number one issue that voters are concerned about. But instead of endlessly blaming both political parties, the truth is that most of the blame should be placed at the feet of the Federal Reserve. The Federal Reserve has more power over the performance of the U.S. economy than anyone else does. The Federal Reserve controls the money supply, the Federal Reserve sets the interest rates and the Federal Reserve hands out bailouts to the big banks that absolutely dwarf anything that Congress ever did. If the American people are ever going to learn what is really going on with our economy, then it is absolutely imperative that they get educated about the Federal Reserve.
The following are 10 things that every American should know about the Federal Reserve….
#1 The Federal Reserve System Is A Privately Owned Banking Cartel
The Federal Reserve is not a government agency.
The truth is that it is a privately owned central bank. It is owned by the banks that are members of the Federal Reserve system. We do not know how much of the system each bank owns, because that has never been disclosed to the American people.
The Federal Reserve openly admits that it is privately owned. When it was defending itself against a Bloomberg request for information under the Freedom of Information Act, the Federal Reserve stated unequivocally in court that it was “not an agency” of the federal government and therefore not subject to the Freedom of Information Act.
In fact, if you want to find out that the Federal Reserve system is owned by the member banks, all you have to do is go to the Federal Reserve website….
The twelve regional Federal Reserve Banks, which were established by Congress as the operating arms of the nation’s central banking system, are organized much like private corporations–possibly leading to some confusion about “ownership.” For example, the Reserve Banks issue shares of stock to member banks. However, owning Reserve Bank stock is quite different from owning stock in a private company. The Reserve Banks are not operated for profit, and ownership of a certain amount of stock is, by law, a condition of membership in the System. The stock may not be sold, traded, or pledged as security for a loan; dividends are, by law, 6 percent per year.
Foreign governments and foreign banks do own significant ownership interests in the member banks that own the Federal Reserve system. So it would be accurate to say that the Federal Reserve is partially foreign-owned.
But until the exact ownership shares of the Federal Reserve are revealed, we will never know to what extent the Fed is foreign-owned.
February 5, 2012. Las Vegas. For the second time in just five primary states, the Republican Party, with the assistance of the national corporate news media, is raising questions about the legitimacy of this season’s primary election system. First, the Iowa Republican Party and the entire American media knowingly reported the wrong Iowa Caucus results with the wrong person being declared the winner. Last night, it appears the same thing may be happening in Nevada. And again like Iowa, critics are accusing the GOP of suspicious activity.
Perhaps it’s indicative that the beneficiary of these recurring vote counting “mistakes” always seems to be former Massachusetts Governor Mitt Romney. He’s just happens to be the same man that both the Republican Party establishment and the four corporations that own all of America’s news media outlets are actively supporting.
In Iowa a few weeks ago, local Republican precinct captains – the individuals responsible for providing the official vote count to the state Republican Party – were up in arms and all over the national media claiming their vote counts had somehow been changed once they arrived at the state GOP headquarters. Two weeks later, the party announced that Mitt Romney didn’t win, but instead, Rick Santorum had actually won. This author was one of the only national journalists that predicted the results would be reversed. Two weeks later, they were. Read the article, ‘Santorum won Iowa and didn’t say Black’ for specific details, published two weeks before the Iowa GOP reversed their vote count.
As early as 2:00am this morning, supporters of Ron Paul had taken to social media with cries of “fraud” over the Nevada Caucus election results, or lack there of.
Here are just some of the comments taken from the Ron Paul 2012 Facebook page:
Dorian RM posted, “I am seriously smelling voter fraud again. This is seriously depressing.” Toni P wrote, “I am not a big pusher of conspiracy theories, but this election is swaying me to how corrupt this all is.” Patrick M added, “It’s not a conspiracy. It’s been proven.” Matt K confirmed the same feeling, posting, “I’m smelling voter fraud.” Ryan added, “Is this true about the fraud in Nevada or is everyone just panicking?”
That’s the big question as self-imposed deadline after self-imposed deadline passes without any word from the missing precincts of Clark County. According to the Nevada Republican Party last night, they were going to recount every single vote from Clark County, right there in the smoky, back room of the GOP headquarters. The only good part of the announcement is that a representative from each candidate would be allowed to oversee the recount.
Expected to be over by “midnight”, that deadline turned into “dawn”. When dawn came and went with no vote results in sight, questions over vote fraud really picked up steam. See the below chain of events from last night and decide for yourself if something fishy is going on.
Events of the Las Vegas Caucus, February 4, 2012. All times and percentages are rough estimates from memory. All are from first-hand witness accounts.
Counting the votes
8:00pm EST – Some polls close, roughly 3 percent of the total vote is in. Mitt Romney leads with over 50 percent of the votes counted. Ron Paul and Newt Gingrich are tied with approximately 20 percent of the vote each.