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Financial - Critically Important Information





The American people owe:


It just jumped over $10 Trillion on Oct 2, 2008 - The Outstanding Public Debt as of 25 Sep 2008 at 07:35:25 AM GMT was: $9,794,615,846,009. The estimated population of the United States is 304,790,683 so each citizen's share of this debt was $32,135.52 This is before the $700,000,000,000.00 $850,000,000,000.00 plus the Trillion+ that was injected into the system during the week of Sept 22, 08 that they are going to add to it. The National Debt has continued to increase an average of $2,170,000,000.00 ($2.17 billion) per DAY, for the past year before this latest massive bailout for the crooks! Concerned? Then tell Congress and the White House!

Seven years ago in 2001 the interest on the National Debt was over $450 BILLION a year and the debt was $5.7 Trillion dollars. With a running deficit, that figure is just making the HOLE that much deeper. The Debt should have been started to be paid off way back then, instead bush hit the "trifecta" thereby allowing him to run it up much more. Many Ill-Informed people cheered him on as he raised hell with the rest of the world, destroying others, killing hundreds of thousands, stealing their land and resources while giving tax breaks to the upper crust of his base and generally being the most despotic and decrepit president in the history of the United States.

Then in 2004, 59,084,087 'people' re-elected him - er the voter fraud in Ohio put him back in place.

It is strongly recommended that everyone read all of the following article: A Quick Overview of the Stinking Financial Mess. I tell you just what happened and who is mostly responsible for it.




Yearly Budget Deficit or Surplus


Fed & Treasury total money supply - going thru the roof

Critical Financial Indicators


USDX - Index on value of US Dollar

. .

You have been Sold down the road. The stats of the CPI and other core figures have been manipulated, increasingly so, for the past 29 years. The CPI currently does not include food or energy, furthermore when an indicator gets too high then it has a lesser multiplier on it and conversely if it goes down then the multiplier is increased. This has the desired effect of keeping the figure way understated. Now this is a compounded cumulative savings to the government (or stroking to beneficiaries of entitlements) ie: that a nominal 4% differential over only 10 years equates to 48% savings in entitlements and cost of living payments. Using the CPI to Rob Americans Blind.

"Is the United States Bankrupt?" Federal Reserve Bank of St. Louis Review, July/August 2006, 88(4), pp. 235-49: "This paper explores these views from both partial and general equilibrium perspectives. It concludes that countries can go broke, that the United States is going broke...."

How can the US go bankrupt, when it can just print new money (US Dollars) at no cost? You cant, you just dont want people to watch the money supply too close then, which is why FED stopped showing the M3 money supply in 2006: http://www.federalreserve.gov/Release.... What they are doing is to debauch the Dollar.

The huge supply of newly printed US dollars will decrease its value. The national debt just went over $12 Trillion (11-20-09), it was 5.7 Trillion when Bush took over in 2001. The interest payment on this is over $400 Billion a year and would be much higher if the the interest rates were not driven so low. Since we have been in a deficit for many years now the interest just adds to the total debt. Additionally the unfunded future obligations is now $108 Trillion, increasing about $5 Trillion a year, and as of July 09 the bailout obligation was $23.7 Trillion according to Bloomberg.

The United States is a broken Republic. It was fixable up to about 2003 when I started this website for the sole purpose to try to expose the massive lies and stave off the massive spending that was going to destroy us. Instead the Bush admin and his neocons in control did everything they could to increase spending which was just a transfer to the coffers of the war profiteers. $3 Trillion and much devastation is the result of that fiasco that is ongoing and seems never ending with the Obama non-actions and broken promises. Alas, there is not a single true stated reason for either of the current wars.

It is clear that the powers in charge decided that it was broken and that they might as well do the final looting with the long term agenda of a one world global government and currency. It was all planned going back for 40 years and more. This is the culmination of the works of the CFR, Bilderberg, Club of Rome, Council of 13 and other groups of the elite. The message has been clear: the West is beyond the point of no return. There is no way that Western governments are going to reverse these massive deficits, and there is no way that they're going to be able to pay off these deficits with anything except devalued fiat money.


David Walker, U.S. Comptroller General

Ron Paul Schools Ben Bernanke Yet Again 2-27-08 6 min
Ron Paul Lectures Bernanke: U.S. Moving Towards Fascism 7 min
Ron Paul 0wnz the Federal Reserve 5 min
I.O.U.S.A.: Byte-Sized - The 30 Minute Version

America: From Freedom to Fascism
Fiat Empire - Federal Reserve Fraud - 59 min
Monopoly Men, Federal Reserve Fraud - 47 min
Fiat Currency: FOOLS GOLD - 1:59
The Money Masters International Control of America - 3:35


"The budget should be balanced; the treasury should be refilled;
 public debt should be reduced; and the arrogance of public
 officials should be controlled."
 -- Cicero. 106-43 B.C.

"Without a gold standard in place, there is little to prevent
 governments indulging in wild credit creation. Deficit
 spending is simply a scheme for the confiscation of wealth.
 Gold stands in the way of this insidious process."
 -- Alan Greenspan : 1966

"We're clearly on an imprudent and unsustainable fiscal path.
 Our current liabilities and unfunded commitments as of the end
 of the last fiscal year amounted to over $43 trillion, up to
 $13 trillion in one year alone."
 -- David Walker, U.S. Comptroller General (April 11, 2005)

"The U.S. government is on a 'burning platform' of
 unsustainable policies and practices."
 -- David Walker, U.S. Comptroller General

"We are mortgaging the future of our children and
 grandchildren at record rates, and that is not only an issue
 of fiscal irresponsibility, it's an issue of immorality."
 -- David Walker, former Comptroller General, Jan. 9, 2008

"How can you pursue this policy that you have without further
 weakening the dollar? There's a dollar crisis out there, and
 people's money is being stolen! People who have saved, they're
 being robbed!"
 -- Congressman Ron Paul speaking to Bernanke about his 
	unsound policies at the Fed. 11-8-07

"Some even believe we are part of a secret cabal working
 against the best interests of the United States,
 characterizing my family and me as 'internationalists' and of
 conspiring with others around the world to build a more
 integrated global political and economic structure -- one
 world, if you will. If that's the charge, I stand guilty, and
 I am proud of it."
 -- David Rockefeller, his 2002 book "Memoirs"

"Government is the only entity that can take valuable resources
 like paper and ink, and make them worthless."
 -- Ludwig von Mises

"Paper money eventually returns to its intrinsic value - zero."
 -- Voltaire, 1694-1778

"Despite the long-term damage to the economy inflicted by the
 government's interference in the housing market, the
 government's policy of diverting capital to other uses creates
 a short-term boom in housing. Like all artificially-created
 bubbles, the boom in housing prices cannot last forever. When
 housing prices fall, homeowners will experience difficulty as
 their equity is wiped out. Furthermore, the holders of the
 mortgage debt will also have a loss. These losses will be
 greater than they would have otherwise been had government
 policy not actively encouraged over-investment in housing.
 Perhaps the Federal Reserve can stave off the day of reckoning
 by purchasing GSE debt and pumping liquidity into the housing
 market, but this cannot hold off the inevitable drop in the
 housing market forever. In fact, postponing the necessary, but
 painful market corrections will only deepen the inevitable
 fall. The more people invested in the market, the greater the
 effects across the economy when the bubble bursts." 
 -- Ron Paul September 10, 2003 - Foretelling the future crisis

"No generation has a right to contract debts greater than can
 be paid off during the course of its own existence."
 -- George Washington

"We're borrowing so much from abroad that we're skating on
 thin ice. Can we correct this problem without some kind of
 international financial crisis?" Regarding the need for
 policies that reverse the triple deficit, "I don't know
 whether the change will come with a bang or a whimper, whether
 sooner or later. But as things stand, it is more likely than
 not that it will be financial crises rather than policy
 foresight that will force the change."
 -- Paul Volcker, Former Fed Chairman, (April 10, 2005)

"In the absence of the gold standard, there is no way to
 protect savings from confiscation through inflation. ... This
 is the shabby secret of the welfare statists' tirades against
 gold. Deficit spending is simply a scheme for the confiscation
 of wealth. Gold stands in the way of this insidious process.
 It stands as a protector of property rights. If one grasps
 this, one has no difficulty in understanding the statists'
 antagonism toward the gold standard."
 -- Alan Greenspan - Gold and Economic Freedom 1967

"Taxes are not raised to carry on wars, wars are raised to 
 carry on taxes."
 -- Thomas Paine 1737-1809

"The best way to destroy the capitalist system is to debauch
 the currency. By a continuing process of inflation,
 governments can confiscate, secretly and unobserved, an
 important part of the wealth of their citizens."
 -- John Maynard Keynes (1883-1946)

"America has no better than a 10% chance of avoiding
 economic "Armageddon."
 -- Stephen Roach, Chief Economist, Morgan Stanley
    (Boston Herald, November 23, 2004)

"People know that inflation erodes the real value of the
 government's debt and, therefore, that it is in the interest
 of the government to create some inflation."
 -- Ben S. Bernanke, Fed Chairman

"Regarding the Great Depression. You're right, we did it.
 We're very sorry. But thanks to you, we won't do it again."
 -- Ben S. Bernanke, Nov. 8, 2002 (Fed Chairman, talking to
    economist Milton Friedman)

"Right now, the rest of the world owns $3 trillion more of us
 than we own of them. In my view, it will create political
 turmoil at some point. Pretty soon, I think there will be a
 big adjustment."
 -- Warren Buffet, speaking at the University of Nevada,
    Reno, January, 2006

"America ... [is going] down the tubes, and the worst part is
 nobody knows it. They're all in denial, patting themselves on
 the back, as the Titanic heads for the iceberg full speed
 ahead."
 -- Andy Grove - Founder of Intel Corp. Newsweek June 2006

"The Fed is NOT part of the government. It is privately owned
 by a select group of powerful individuals and private banking
 cartels. It's express purpose is to fleece the American people
 by stealing our money under the pretext of "central banking
 system" that calls itself "Federal." Yet it is no more a part
 of, or controlled by, the Federal Government than is Federal
 Express!"
 -- Devvy Kidd

"I am a most unhappy man. I have unwittingly ruined my
 country. A great industrial nation is controlled by its system
 of credit. 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 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 - 1916 - A few years after
    he signed the 1913 Federal Reserve Act. 
 
"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. ... This evil
 institution has impoverished and ruined the people of the
 United States. ... Some people think the Federal Reserve Banks
 are United States Government institutions. They are private
 credit monopolies which prey upon the people of the United
 States for the Benefit of themselves and their foreign and
 domestic swindlers, and rich and predatory money lenders."
 -- Honorable Louis T. McFadden Chairman of the Committee on
    Banking and Currency - Cong. Record, June 10, 1932

"100% of what is collected is absorbed solely by interest on
 the Federal Debt ... all individual income tax revenues are
 gone before one nickel is spent on the services taxpayers
 expect from government."
 -- Grace Commission

"This Act (the Federal Reserve Act, Dec. 23rd 1913)
 establishes the most gigantic trust on earth. When the
 President (Woodrow Wilson) signs this Act the invisible
 government by the money power, proven to exist by the Money
 Trust Investigation, will be legalized. The new law will
 create inflation whenever the trusts want inflation. From now
 on depressions will be scientifically created. The worst
 legislative crime of the ages is perpetrated by this banking
 and currency Bill."
 -- Charles A. Lindbergh Sr. 1913

"If the American people ever allow the 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 property, until their
 children wake up homeless on the continent their fathers
 conquered. The issuing power of money should be taken from
 banks and restored to Congress and the people to whom it
 belongs. I sincerely believe the banking institutions having
 the issuing power of money, are more dangerous to liberty than
 standing armies."
 -- Thomas Jefferson

"Paper is poverty, .... it is only the ghost of money, and not
 money itself."
 -- Thomas Jefferson, 1788

"The Government should create, issue, and circulate all the
 currency and credits needed to satisfy the spending power of
 the Government and the buying power of consumers. By the
 adoption of these principles, the taxpayers will be saved
 immense sums of interest. Money will cease to be master and
 become the servant of humanity."
 -- Abraham Lincoln

"Whoever controls the volume of money in any country is
 absolute master of all industry and commerce. And when we
 realize that the entire system is very easily controlled, one
 way or another, by a few very powerful men at the top, you
 will not have to be told how periods of inflation and
 depression originate."
 -- U.S. President James Garfield. A few weeks after making 
    this statement, he was assassinated on July 12, 1818
    
"Give me control over a nation's currency and I care
 not who makes its laws."
 -- Baron Mayer Amschel Rothschild (1744 -1812)

"Who controls the food supply controls the people; who controls
 the energy can control whole continents; who controls money
 can control the world."
 -- Henry Kissinger

"When a government is dependent upon bankers for money, they
 and not the leaders of the government control the situation,
 since the hand that gives is above the hand that takes. Money
 has no motherland; financiers are without patriotism and
 without decency; their sole object is gain."
 -- Napoleon Bonaparte

"History records that the money changers have used every form
 of abuse, intrigue, deceit, and violent means possible, to
 maintain their control over governments, by controlling money
 and its issuance."
 -- James Madison

"It is well enough that the people of this nation do not
 understand our banking and monetary system, for if they did, I
 believe there would be a revolution before tomorrow morning."
 -- Automaker Henry Ford, during the Great Depression.

"We have operating within our government and political system,
 another body representing another form of government, a
 bureaucratic elite which believes our Constitution is
 outmoded... All the strange developments in foreign policy
 agreements may be traced to this group who are going to make
 us over to suit their pleasure... This political action group
 has its own local political support organizations, its own
 pressure groups, its own vested interests, its foothold within
 our government, and its own proganda apparatus."
 -- Senator William Jenner, February 23, 1954.

"The real rulers in Washington are invisible, and exercise
 power from behind the scenes."
 -- Felix Frankfurter, justice U.S. Supreme Court 1939-1962

"From the Great Depression, to the stagflation of the
 seventies, to the burst of the dotcom bubble, every economic
 downturn suffered by the country over the last 80 years can be
 traced to Federal Reserve policy. Since the creation of the
 Federal Reserve, middle and working-class Americans have been
 victimized by a boom-and-bust monetary policy. In addition,
 most Americans have suffered a steadily eroding purchasing
 power because of the Federal Reserve's inflationary policies.
 This represents a real, if hidden, tax imposed on the American
 people."
 -- U.S. Rep. Ron Paul

"A sound banker, alas, is not one who foresees danger and
 avoids it, but one who, when he is ruined, is ruined in a
 conventional way along with his fellows, so that no one can
 really blame him."
 -- John Maynard Keynes, 1931

"Of all the contrivances for cheating the laboring classes of
 mankind, none has been more effective than that which deludes
 them with paper money."
 –- Daniel Webster

"Ordinary tyranny, oppression, excessive taxation... these
 bear lightly on the happiness of the mass of the community,
 compared with fraudulent currencies and the robberies committed
 by depreciated paper"
 -- Daniel Webster

"All the perplexities, confusion and distresses in America
 arise not from defects in the constitution or confederation,
 nor from want of honor or virtue, as much from downright
 ignorance of the nature of coin, credit, and circulation."
 –- John Adams

"We the People are the rightful masters of both congress and
 the courts -- not to overthrow the Constitution, but to
 overthrow the men who pervert the Constitution."
 -- Abraham Lincoln

"To sin by silence when they should protest
 makes cowards of men."
 -- George Washington

"If a nation expects to be ignorant and free, in a state of
 civilization, it expects what never was and never will be."
 -- Thomas Jefferson

"Against the insidious wiles of foreign influence, the
 jealousy of a free people ought to be constantly awake; since
 history and experience prove that foreign influence is one of
 the most baneful woes of Republican government."
 -- James Madison

"The real truth of the matter is, as you and I know, that a
 financial element in the large centers has owned the
 government ever since the days of Andrew Jackson.."
 -- President Franklin D. Roosevelt, November 21, 1933

"No State shall make any Thing but gold and silver coin a
 tender in payment of debts."
 -- Article One, Section 10, of the U. S. Constitution
    It has never been repealed.

"When you expect things to happen - strangely enough
 - they do happen."
 -- J. P. Morgan
    

The use of the word Federal in the name federal Reserve leads the public to believe that the Federal Reserve is a government institution, when it is really a private corporation owned by foreign and domestic banks and operated for profit. The FED controls the nation's money supply and interest rates, and thereby manipulates the entire economy, in violation of Article 1, Section 8 of the United States Constitution that expressly charges Congress with power to coin money and regulate the value thereof. Article 1, Section 10 of the constitution says: No State shall make any thing but gold and silver Coin a Tender in payment of Debts.

Alt-A and subprime mortgages, CDO's, SIV's, lending fraud, predatory lending, housing bubble, mortgage banking, foreclosures, debt, consolidation, lawyers, class-action lawsuits

Financial



Tax / CAFR



"The process by which banks create money is so simple that 
 the mind is repelled."
 -- John Kenneth Galbraith

"[W]hen a bank makes a loan, it simply adds to the borrower’s
 deposit account in the bank by the amount of the loan. The
 money is not taken from anyone else’s deposit; it was not
 previously paid in to the bank by anyone. It’s new money,
 created by the bank for the use of the borrower."
 -– Robert B. Anderson, Treasury Secretary under Eisenhower, in
    an interview reported in the August 31, 1959 issue of U.S.
    News and World Report

"Do private banks issue money today? Yes. Although banks no
 longer have the right to issue bank notes, they can create
 money in the form of bank deposits when they lend money to
 businesses, or buy securities. . . . The important thing to
 remember is that when banks lend money they don’t necessarily
 take it from anyone else to lend. Thus they ‘create’ it."
 -– Congressman Wright Patman, Money Facts (House Committee on
    Banking and Currency, 1964)

"Lenin was surely right. There is no subtler, no surer means
 of overturning the existing basis of society than to debauch
 the currency. The process engages all the hidden forces of
 economic law on the side of destruction, and does it in a
 manner which not one man in a million is able to diagnose."
 -- John Maynard Keynes

"....We're confiscating property now....That's socialism.
 It's written into the Communist Manifesto. Maybe we ought to
 see that every person who gets a tax return receives a copy of
 the Communist Manifesto with it so he can see what's happening
 to him."
 -- T. Coleman Andrews, May 25, 1956, U.S. News & World
    Report, Commissioner of the IRS for 33 months Under the
    Eisenhower Administration before he resigned.

"From a legal standpoint these banks are private corporations,
 organized under a special act of Congress, namely, the Federal
 Reserve Act. They are not in the strict sense of the word
 Government banks." This "special act" by Congress in 1913 is
 in direct violation of 16 Corpus Juris Secundum, Section 141,
 which states that Congress cannot delegate or sign over its
 authority to any individual, corporation or foreign nation.
 Yet that's exactly what occurred in December of 1913 by a
 select group of individuals in the U.S. Congress. That
 "special act" has become the biggest fraud in the history of
 this country."
 -- William P.G. Harding, Governor of the Federal Reserve Board
    in a speech delivered before the Washington Chamber of
    Commerce in 1921

"It is mathematically impossible to pay off the "national
 debt. As we have advised, the Federal Reserve is currently
 paying the Bureau approximately $23 for each 1,000 notes
 printed. This does include the cost of printing, paper, ink,
 labor, etc. Therefore, 10,000 notes of any denomination,
 including the $100 note, would cost the Federal Reserve $230.
 In addition, the Federal Reserve must secure a pledge of
 collateral equal to the face value of the notes.

"In ordering these notes into existence, by sending a purchase
 order to the Bureau of Engraving for 10,000 notes, at a total
 cost of $230 to the Federal Reserve, this private banking
 cartel, not the government of We the People, thereby obtains a
 pledge of collateral equal to their face value of $1 million!
 This "pledge" is made to the Reserve cartel by Congress and
 the collateral to which Congress pledges is the land, labor
 and assets of the American people. What a racket! This
 private entity known as "the Fed," was incorporated in 1914
 and has been creating a completely unnecessary "national
 debt" ever since. Simply stated: The Fed creates money as
 debt. The Fed creates money out of thin air. This is
 accomplished at the stroke of a pen with nothing more than a
 book entry, when the members of the Federal Reserve System
 make loans to the government, to the  banks, to businesses and
 to individuals. This debt money is the money supply.

"The Federal Reserve Systems' banks charge usury on the created
 debt money. We American citizens are obligated to repay this
 debt money, plus the usury (interest). However, the money to
 pay the usury on the debt is never created within the system.
 Loan repayments to banks reduce the money supply, because the
 money is removed from circulation when the debt is repaid! To
 keep the money supply from shrinking, more borrowing is
 necessary. It is mathematically impossible to pay off the
 aggregate debt principle plus the aggregate usury.

"In a futile attempt to avoid the day of reckoning, borrowers
 are forced to  take on increasing amounts of debt to pay not
 only the principal of the debt, but the onerous usury as well.
 Debt escalates at an exponential rate until the borrowers are
 forced into bankruptcy. This phenomenon is not unique to
 government borrowing, but applies as well to individuals and
 business. The ultimate consequences are involuntary
 unemployment, inflation, burdensome usury rates, and the
 calculated loss of our inherited rights and freedoms, and the 
 confiscation of our property."
 -- William H. Fokler (Manager of Public Affairs, Department of
    Treasury, Bureau of Engraving & Printing, Washington DC)

"If congress has the right under the Constitution to issue
 paper money, it was given them to use themselves, not to be
 delegated to individuals or corporations." 
 -- Andrew Jackson

"I am one of those who do not believe that a national debt is
 a national blessing, but rather a curse to a republic;
 inasmuch as it is calculated to raise around the
 administration a monied aristocracy dangerous to the
 liberties of the country." 
 -- Andrew Jackson

"The money powers prey upon the nation in times of peace and
 conspire against it in times of adversity. The banking powers
 are more despotic than a monarchy, more insolent than
 autocracy, more selfish than bureaucracy. They denounce as
 public enemies all who question their methods or throw light
 upon their crimes. I have two great enemies, the Southern Army
 in front of me and the bankers in the rear. Of the two, the
 one at my rear is my greatest foe. [As a most undesirable
 consequence of the war...] Corporations have been enthroned,
 and an era of corruption in high places will follow. The money
 power of the country will endeavor to prolong its reign by
 working upon the prejudices of the people until the wealth is
 aggregated in the hands of a few, and the Republic is
 destroyed." 
 -- Abraham Lincoln

"A disordered currency is one of the greatest political evils.
 It undermines the virtues necessary for the support of the
 social system, and encourages propensities destructive to its
 happiness. It wars against industry, frugality and economy,
 and it fosters evil spirits of extravagance and speculation.
 Of all the contrivances for cheating the laboring classes of
 mankind, none has been more effectual than that which deludes
 them with paper money."
 -- Daniel Webster

"I believe that if the people of this nation fully understand
 what Congress has done to them over the past 49 years, they
 would move on Washington, they would not wait for an
 election.. .. It adds up to a preconceived plan to destroy the
 economic and social independence of the United States."
 -- George W. Malone, U.S. Senator from Nevada speaking before
    Congress in 1957

"100 percent of what is collected is absorbed solely by
 interest on the Federal debt and by Federal Government
 contributions to transfer payments. In other words, all
 individual income tax revenues are gone before one nickel is
 spent on the services which taxpayers expect from their
 Government."
 -- J. Peter Grace, Grace Commission Report January 12, 1984

"I believe that banking institutions are more dangerous to our
 liberties than standing armies. Already they have raised up a
 money aristocracy that has set the government at defiance. The
 issuing power should be taken from banks, and restored to the
 people."
 -- Thomas Jefferson

"In the United States we have, in effect, two governments...
 We have the duly constituted Government... Then we have an
 independent, uncontrolled and uncoordinated government in the
 Federal Reserve System, operating the money powers which are
 reserved to Congress by the Constitution."
 -- Congressman Wright Patman

"Once a nation parts with the control of its currency and
 credit, it matters not who makes the nations laws. Usury, once
 in control, will wreck any nation. Until the control of the
 issue of currency and credit is restored to government and
 recognized as its most sacred responsibility, all talk of the
 sovereignty of parliament and of democracy is idle and
 futile."
 -- William Lyon Mackenzie King

"In its 60 - year history, the Federal Reserve System has
 never been subjected to a complete, independent audit, and it
 is the only important agency that refuses to consent to an
 audit by the Congress' agency, the General Accounting
 Office... GAO audits of the Federal Reserve will, moreover,
 fill the glaring gap that now exists in our information about
 the Fed's activities and programs. As things now stand, the
 only information that we get on programs of the Fed is what
 the Fed itself wants us to have."
 -- Congressman Wright Patman, Congressional Record May 5, 1975 

"Every effort has been made by the Federal Reserve Board to
 conceal its power. But the truth is, the Federal Reserve Board
 has usurped the government of the United States. It controls
 everything here; and it controls our foreign relations. It
 makes or breaks governments at will. No man, and no body of
 men, is more entrenched in power than the arrogant credit
 monopoly which operates the Federal Reserve Board and the
 Federal Reserve Banks. These evil-doers have robbed this
 country of more than enough money to pay the national debt.
 What the National Government has permitted the Federal Reserve
 Board to steal from the people should now be restored to the
 people. The people have a valid claim against the Federal
 Reserve Board and the Federal Reserve Banks. If that claim is
 enforced, Americans will not need to stand in bread lines.
 Homes will be saved. Families will be kept. What is needed
 here is a return to the Constitution of the United States. The
 old struggle that was fought out here in Jackson's day must be
 fought over again. The Federal Reserve Act should be repealed;
 and the Federal Reserve Banks - having violated their charters
 - should be liquidated immediately. Faithless government
 officers who have violated their oaths of office should be
 impeached and brought to trial. Unless this is done by us, I
 predict the American people - outraged, robbed, pillaged,
 insulted, and betrayed as they are in their own land - will
 rise in their wrath and send a President here who WILL sweep
 the money changers from the temple." 
 -- Congressman Louis T. McFadden before the House of 
    Representatives, in the midst of the Great Depression, 1932.
    (McFadden died mysteriously in 1936
     after three attempts on his life.)
     
"The Bank of the United States is one of the most deadly
 hostilities existing against the principles and form of our
 Constitution. An institution like this, penetrating by its
 branches every part of the Union, acting by command and in
 phalanx, may, in a critical moment, upset the government. I
 deem no government safe which is under the vassalage of any
 self-constituted authorities, or any other authority than that
 of the nation, or its regular functionaries. What an
 obstruction could not this bank of the United States, with all
 its branch banks, be in time of war? It might dictate to us
 the peace we should accept, or withdraw its aid. Ought we then
 to give further growth to an institution so powerful, so
 hostile?"
 -- Thomas Jefferson

"The powers of financial capitalism had (a) far-reaching aim,
 nothing less than to create a world system of financial
 control in private hands able to dominate the political system
 of each country and the economy of the world as a whole. This
 system was to be controlled in a feudalist fashion by the
 central banks of the world acting in concert, by secret
 agreements arrived at in frequent meetings and conferences.
 The apex of the systems was to be the Bank for International
 Settlements in Basel, Switzerland, a private bank owned and
 controlled by the world's central banks which were themselves
 private corporations. Each central bank...sought to dominate
 its government by its ability to control Treasury loans, to
 manipulate foreign exchanges, to influence the level of
 economic activity in the country, and to influence cooperative
 politicians by subsequent economic rewards in the business
 world."
 -- Carroll Quigley

"The modern banking system manufactures money out of nothing.
 The process is perhaps the most astounding piece of sleight of
 hand that was every invented. Banking was conceived in
 inequity and born in sin. Bankers own the earth. Take it away
 from them but leave them the power to create money, and with a
 flick of a pen, they will create enough money to buy it back
 again. Take this great power away from them and all great
 fortunes like mine will disappear, for then this would be a
 better and happier world to live in. But if you want to
 continue to be the slaves of bankers and pay the cost of your
 own slavery, then let bankers continue to create money and
 control credit."
 -- Sir Josiah Stamp, president of the Bank of England and
     the second richest man in Britain in the 1920's, speaking
     at the University of Texas in 1927

"If we run into such debts as that we must be taxed in our meat
 and in our drink, in our necessaries and our comforts, in our
 labors and our amusements, for our callings and our creeds, as
 the people of England are, our people, like them, must come to
 labor sixteen hours in the twenty-four, and give the earnings
 of fifteen of these to the government for their debts and
 daily expenses;

 And the sixteenth being insufficient to afford us bread, we
 must live, as they do now, on oatmeal and potatoes, have no
 time to think, no means of calling the mismanagers to account;
 but be glad to obtain subsistence by hiring ourselves to rivet
 their chains around the necks of our fellow sufferers;

 And this is the tendency of all human governments. A departure
 from principle in one instance becomes a precedent for a
 second, that second for a third, and so on 'til the bulk of
 the society is reduced to be mere automatons of misery, to
 have no sensibilities left but for sinning and suffering...

 And the forehorse of this frightful team is public debt.
 Taxation follows that, and in its train wretchedness and
 oppression."
 -- Thomas Jefferson

"When the Federal Reserve Act was passed, the people of these
 United States did not perceive that a world banking system was
 being set up here. A super-state controlled by international
 bankers and international industrialists acting together to
 enslave the world for their own pleasure. Every effort has
 been made by the Fed to conceal its powers but the truth is -
 the Fed has usurped the Government. It controls everything
 here and it controls all our foreign relations. It makes and
 breaks governments at will."
 -- Louis T. McFadden Chairman of the House Committee
    on Banking and Currency 1920-1931

"THE BANKER’S MANIFESTO": "Capital must protect itself in
 every way…Debts must be collected and loans and mortgages
 foreclosed as soon as possible. When through a process of law
 the common people have lost their homes, they will be more
 tractable and more easily governed by the STRONG ARM OF THE
 LAW (Cops) applied by the central power of leading financiers.
 People without homes will not quarrel with their leaders. This
 is well known among our principal men now engaged in forming
 an imperialism of capitalism to govern the world. By dividing
 the people we can get them to expend their energies infighting
 over questions of no importance to us except TEACHERS FOR THE
 COMMON HERD. (Taken from the Civil Servants’ Year Book, "The
 Organizer," Jan. 1934)

"The few who understand the system, will either be so
 interested in its profits or so dependent on its favors that
 there will be no opposition from that class. The great body of
 people, mentally incapable of comprehending the tremendous
 advantages will bear its burden without complaint."
 -- Rothschild Brothers June 25, 1863
    




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