of our Republic is the invisible government which like a giant octopus sprawls its slimy legs over our cities, states and nation. At the head is a small group of banking houses... This little coterie...run our government for their own selfish ends. It operates under cover of a self-created screen...seizes...our executive officers...legislative bodies...schools...
courts...newspapers and every agency created for the public protection.”
N.Y. Mayor, John Hylan
What is the Federal Reserve?
The short answer to this question is that it’s a privately owned corporation and its ownership has control over all things that deal with money.
This is a pretty bold statement and completely flies in the face of everything you were taught in school regarding the Federal Reserve.
It is, however, the truth.
The average person doesn’t understand the danger that lies in our monetary system.
It’s something all Americans need to be educated on before the Federal Reserve vultures destroy any semblance of a “free” society we still appear to have.
What is the Federal Reserve? Let’s find out.
We need to go back to the year 1913 to begin answering, what is the Federal Reserve. In this year President Woodrow Wilson signed the Federal Reserve Act.
Three years prior to this signing, in 1910, a group of devious men had a meeting.
This is when Senator Nelson Aldrich, A. Piatt Andrew, Assistant Secretary of the Treasury, and Special Assistant of the National Monetary Commission; Frank Vanderlip, president of the National City Bank of New York, Henry P. Davison, senior partner of J.P. Morgan Company, and generally regarded as Morgan’s personal emissary; and Charles D. Norton, president of the Morgan-dominated First National Bank of New York held the infamous Jeckyll Island meeting.
“Picture a party of the nation’s greatest bankers stealing out of New York on a private railroad car under cover of darkness, stealthily heading hundreds of miles South, embarking on a mysterious launch, sneaking onto an island deserted by all but a few servants, living there a full week under such rigid secrecy that the names of not one of them was once mentioned lest the servants learn the identity and disclose to the world this strangest, most secret expedition in the history of American finance.” - Secrets of the Federal Reserve
It was all done in secrecy because this banking cabal knew it was pulling off an illegal heist of the American people’s wealth.
When asking what is the Federal Reserve, it’s important to note Woodrow Wilson’s realization of what he’d been led to do by the powerful bankers:
“I am a most unhappy man. I have unwittingly ruined my country... Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men.
"We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world - no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.” - Woodrow Wilson
Who makes up this “small group of dominant men” Woodrow Wilson speaks of? Before we answer that question, let’s first offer proof that the Federal Reserve is indeed a private corporation.
The Federal Reserve Bank court ruling of LEWIS v. UNITED STATES, 680 F.2d 1239 (1982) helps us in answering, what is the Federal Reserve.
“Examining the organization and function of the Federal Reserve Banks, and applying the relevant factors, we conclude that the Federal Reserve Banks are not federal instrumentalities for purpose of the FTCA, but are independent, privately owned
and locally controlled corporations.
“Each Federal Reserve Bank is a separate corporation owned by commercial banks in its region. The stockholding commercial banks elect two thirds of each Bank's nine member board of directors. The remaining three directors are appointed by the Federal Reserve Board. The Federal Reserve Board regulates the Federal Reserve Banks, but direct supervision and control of each Bank is exercised by its board of directors.”
As we question, what is the Federal Reserve, let’s take a look at how the ownership of this fraudulent central bank reveals powerful families like the Rockefellers and Rothschilds.
In the 1930’s, a true American Patriot, Senator Louis T. McFadden added additional insight into what is the Federal Reserve:
“Mr. Chairman, we have in this Country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks, hereinafter called the Fed. The Fed has cheated the Government of these United States and the people of the United States out of enough money to pay the Nation's debt. The depredations and iniquities of the Fed have cost enough money to pay the National debt several times over.
“This evil institution has impoverished and ruined the people of these United States, has bankrupted itself, and has practically bankrupted our Government. Some people think that the Federal Reserve Banks are United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lender."
For the full transcript of Senator Louis T. McFadden’s tirade against the activities about the Federal Reserve, read our Federal Reserve Fraud page.
Taking the ability to create money out of the hands of government and into the hands of a few private bankers has three negative points: enslaving the public in a whirlwind of taxes, inflation, and debt payments.
The Federal Reserve System has forced the American government to borrow all money into existence. The private Fed just prints up Federal Reserve Notes and the government gives it bonds in return. Now, the government owes the private ownership of the Federal Reserve the face value of the bonds, plus interest. This is a system where money is counterfeited (by the Fed) and then a debtor (you and I) must pay that money back with interest.
This debt is impossible to pay off. If, for example, the government borrows $1 million, how do they pay back the $1 million plus interest when they only have the $1 million to work with? The interest was never created in this system. This means the debt can never be paid back.
Through your taxes, debt, and inflation (see define inflation), you’ve been turned into a financial slave.
What is the Federal Reserve? It, and the secret cabal of elite bankers who own it are the enemies to Americans and their freedoms. Every month, you’re forced to send in payments to settle debt they created. However, we’ve found a way to stop the funding they receive from your debt and, therefore, our first step is to hit these elite “banksters” in the pocketbook.
What is the Federal Reserve? As you ponder this, consider how we can help you eliminate your debt legally. By doing this, you’re helping to free yourself financially while reducing the amount of money available to this corrupt group. For every dollar of debt you legally eliminate through us, you’re cutting $33 out of the bankers’ pockets because of their fractional reserve banking scam.
What is the Federal Reserve? Again, as you ponder this, consider that by allowing us to help you get free of debt, you’re in turn helping us continue our cause to help other Americans wake up to the true answer to the question of what is the Federal Reserve.
We’ll show you how quickly and easily we can help you eliminate your debt. Let’s do it now, before it’s too late that we’ve answered the question of what is the Federal Reserve.
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