Exposing The Most Powerful Corporation in America

In this post we will expose some of the history of the Federal Reserve and see what some other famous people have to say about it.

Most people, when you mention the Federal Reserve (FED) obviously think that your talking about a branch of the Federal Government of the United States. Because of the word "Federal". But after just a few minutes of study into the history, one finds out that this entity has nothing to do with the Federal Government. However it does on an indirect basis but not directly. It is a privately held Corporation only with one major difference from other Corporations. It doesn't pay income taxes on the income or the interest it makes. Why? Because this Corporation created the Internal Revenue Service! Of course for its own benefit.

It was Alexander Hamilton who lobbied for the first privately owned Federal Bank, and in 1789 Congress chartered the bank. Thomas Jefferson was adamantly opposed to the idea of a privately owned Federal bank and said "I sincerely believe the banking institutions having the issuing power of money are more dangerous to freedom than standing armies".

In 1811, under President James Madison, Vice President George Clinton broke the tied vote in Congress to cast the bankers out refusing to renew the charter for the bankers. Unfortunately it was President Madison who proposed a second United States privately owned Central bank and it came into existence in 1816. However, in 1836 President Jackson, overriding Congress, closed it commenting, "the bold effort the present bank had made to control the Government are but premonitions of the fate that awaits the American people should they be deluded into a perpetuation of this institution or the establishment of another one like it". Well guess what? We got one.

President Jackson made a statement to the bankers and boldly told them: "you are a den of vipers and thieves. I intend to rout you out, and by the eternal God I will rout you out". When speaking to his closest friend, Martin Van Buren, Jackson said, "the bank is trying to kill me, but I will kill it!" (and he did) The first 2 Federal Reserve systems lasted about 20 years each and we are now over a hundred years into the 3rd one.

The year is now 1913, the year after Woodrow Wilson was elected President of the United States.
Prior to his election he needed financial support to pay for his campaign, so he reluctantly agreed, that if elected, he would sign the Federal Reserve act, in return for that financial support. In December of 1913 while many members of Congress were home for Christmas, the Federal Reserve act was hurried through Congress in a midnight Christmas eve session, and was later signed by President Wilson. At later date, Wilson admitted with remorse, when referring to the FED..."I have unwittingly ruined my country".

To find out the how, when and where the Federal Reserve act was drawn up and created do a study on the "super secret meeting of Jekyll Island". Very interesting.

Next up I'll talk about the biggest con-game in the history of man...the creation of the IRS and Income Tax by these evil bankers.

Till next time.....