The Federal Reserve System (also known as the Federal Reserve, and informally as the Fed) is the central banking system of the United States. The Federal Reserve was created unconstitutionally, in 1913 by the Federal Reserve Act.
Over time, the Federal Reserve System has greatly expanded and through its due to its power to create money out of nothing has concentrated social, economic and political power into the hands of a select few. Events it has coordinated, such as the Great Depression and numerous booms and busts have led invariably to further increases in the powers of the Federal Reserve.
The Federal Reserve is regarded as a quasi-public banking system, since it has aspects of both a government run system and private enterprise. According to the Federal Reserve, there are presently five different parts of the Federal Reserve System. The Federal Reserve is a foreign corporation whose shareholders are unknown, The Federal Reserve operates in secret and has never been audited.
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Feature Article Mortgage Revocation Seminar Thomas Costanzo
2-DAY MORTGAGE WORKSHOP: HOW TO STOP FORECLOSURES!
NOVEMBER 27-28, 2009, 10 AM TO 5:00 PM
Mickey Palotea of Harrisburg, Pennsylvania is once again coming to Phoenix on November 28 and 29, 2009 for a 2-Day Workshop: How to Stop Foreclosures! This
Feature Article You Are Invited to a Special Event... Tuesday Evening!
Charles Goyette
New York Times Bestselling author Charles Goyette will speak and sign copies of his new book...
and...
you can also have your likeness drawn in the book and signed by Pulitzer Prize Winning Editorial Cartoonist Steve Benson!
Feature Article Ron Paul's HR 1207 "Audit the Fed" bill passes out of committee Powell Gammill
The House Financial Services Committee earlier today rejected Representative Mel Watt's attempt to hijack Audit the Fed by voting 43-26 to pass Ron Paul's amendment to the financial regulatory reform bill. But . . . .
News Congressional Rep. Elijah Cummings Calls For "Total" Review Of The Federal Reserve System
11-19-2009
The Market Ticker
Rep. Elijah Cummings and six other members of Congress send letter to Barney Frank, Chairman of House Financial Services Committee and Chris Dodd, Chairman Senate Banking Committee to call for a "total" review of the Federal Reserve System
News Bernanke watching dollar drop closely
11-16-2009
Reuters
Federal Reserve Chairman Ben Bernanke said the U.S. central bank was monitoring the declining value of the dollar closely, saying the Fed was committed to both jobs growth and price stability. However, there were other factors helping to restrain inf
News Fed's in Congress' crosshairs, but many experts say hold fire
11-13-2009
McClatchy News
The Fed pumped trillions of dollars into the economy to combat the recent financial crisis with virtually no direct authority to do so, and no effective oversight from publicly accountable branches of government. The Fed should be subjected to democr
News Rep Paul: Fed audit in rules reform "pseudo"
11-13-2009
Reuters
"The plan now is to get an audit put into the bill, but it will be a pseudo audit, it won't amount to much," said Representative Ron Paul in an interview [see below] on CNBC television.
News Ron Paul Rocks on CNBC Squawk Box 11/13/2009
11-13-2009
YouTube - Ron Paul
CNBC taken to school... then they offer a 2 hour spot on the show in studio (yeah right :)
News Fed: New Rules Would Restrict Overdraft Fees on Debit Cards
11-12-2009
NY Times
The Federal Reserve announced new rules that would sharply restrict banks that issue debit cards from charging overdraft fees without the express permission of the cardholder. The rules, which take effect next summer, are the latest issued by the Fed
News US banks prepaying $45B in insurance fees
11-12-2009
AP
U.S. banks will prepay about $45 billion in premiums to replenish a federal deposit insurance fund now in the red, under a plan adopted by federal regulators. [That will kill of a few more using your savings to boot!]
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News Under Attack, Fed Chairman Studies Politics
11-10-2009
NY Times
For months, Bernanke had warned without anyone on Capitol Hill appearing to listen that a bill to let Congress "audit" the Fed would gravely threaten the central banks independence. It was alarming enough that the bill's author was Representativ
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News Dodd's reform plan takes aim at the Fed
11-10-2009
Washington Post
The chairman of the Senate Banking Committee unveiled a sweeping regulatory reform bill that would strip the Federal Reserve of nearly all of its power to oversee banks, setting up a possible clash with the Obama administration, which has argued for
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News Senate Dems move to curb Fed's powers
11-10-2009
Yahoo Finance
Looks like a shell game to me
Steve Freedom
News Unemployment to dog US economy for years: Fed official
11-10-2009
AFP
US unemployment, now in the double digits, may remain "high" for several years and dampen economy recovery from a brutal recession, a regional central bank official warned. "With such a slow rebound, unemployment could well stay high for several year
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News SLEDGEHAMMER: Audit the Fed Update
11-04-2009
Campaign for Liberty
Campaign for Liberty wants you to call Congress,... here are the numbers
News House Joint Resolution 192 of June 5, 1933 suspended your right to lawfully pay debts
11-03-2009
www.truthsetsusfree.com/HJR192.htm
On June 5, 1933, Congress passed House Joint Resolution (HJR 192). HJR 192 was passed to suspend the gold standard and abrogate the gold clause in the national constitution. Since then no one in America has been able to lawfully pay a debt. This res
News Federal Reserve Policy Audit Legislation Gutted, Paul Says
11-01-2009
Bloomberg
Representative Ron Paul, the Texas Republican who has called for an end to the Federal Reserve, said legislation he introduced to audit monetary policy has been gutted while moving toward a possible vote in the Democratic-controlled House.
News NY Fed under Geithner paid AIG 100% of Face Value for Derivatives
11-01-2009
Bloomberg
Theres no way they should have paid at par, she says. AIG was basically bankrupt. - Janet Tavakoli, founder of Chicago-based Tavakoli Structured Finance Inc., a financial consulting firm.
News The death of the punchbowl metaphor
10-29-2009
Reuters
Dont expect the year-long rally in risky assets to be undermined any time soon by the Federal Reserve becoming concerned about inflation.
The old metaphor that the Feds job is to take away the punchbowl just when the party starts getting good
Feature Article Anything Less Than Full Disclosure is Unacceptable - by Ron Paul Powell Gammill
Last week a new bill was introduced in the Senate to audit the Federal Reserve. Some backers of my bill HR1207 and the existing Senate companion bill S.604 were a little miffed at this, but depending on how you think about it, this new legislation p
Written by: craig macclean
i suggest that u investigate www.monetary.org (stephan zarlenga)-
the american monetary institute.
their annual a.m.i. conference mtg. was recently analyzed by terry arnold on jeff rense...http://rense.gsradio.net:8080/rense/http/MP3Download/
News Heh Dodd You TWIT!
10-26-2009
The Market Ticker
WTF is wrong with this clown?
News Who OWNS Foreclosed U.S. Properties?, Part I & 2 Scam in the making
10-26-2009
Seeking Alpha
A thanks to Edward Harrison who publishes the blog Creditwritedowns.com for his superb explanation of foreclosure and title issues dealing with foreclosed properties in his commentary What are the legal rights of lenders and homeowners in fore
2
News Whitney Tilson: We Need To Break Up Goldman Sachs
10-26-2009
The Business Insider
Goldman Sachs is a great firm but it's minting money because it has an implicit government guarantee. This is ridiculous. The firm should be split in two.
Wall Street reforms should include high capital requirements and a reinstatement of Glass St
News Marc Faber On The Death Of Fiat Money - "Dollar Will Go To A Value Of Exactly Zero"
10-26-2009
Zero Hedge
"The fiscal position of the US is a complete disaster. Eventually in ten years time about 50% of tax revenues will be used to just cover the interest payments on the government debt and that is unsustainable. Then you are forced to print money... As
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News Two Trillion Tons (Bucks)
10-25-2009
You Tube
We owe our soul to the federal reserve (and the red chinese)
News Former Fed Chairman Paul Volcker admits the Federal Reserve is private, and he attended Bilderberg G
10-25-2009
Exposing Faux Capitalism
On October 15, 2009, We Are Change Boston asked former Federal Reserve Chairman and current Chair of President Obamas Economic Recovery Advisory Board, Paul Volcker, about the Bilderberg Group.
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Headlines: Mortgage Revocation Seminar -- You Are Invited to a Special Event... Tuesday Evening!
-- Ron Paul's HR 1207 "Audit the Fed" bill passes out of committee -- Congressional Rep. Elijah Cummings Calls For "Total" Review Of The Federal Reserve System -- One Day at the Bank Branch
-- Bernanke watching dollar drop closely -- Fed's in Congress' crosshairs, but many experts say hold fire -- Rep Paul: Fed audit in rules reform "pseudo" -- Ron Paul Rocks on CNBC Squawk Box 11/13/2009 -- Fed: New Rules Would Restrict Overdraft Fees on Debit Cards -- US banks prepaying $45B in insurance fees -- Under Attack, Fed Chairman Studies Politics -- Dodd's reform plan takes aim at the Fed -- Senate Dems move to curb Fed's powers -- Unemployment to dog US economy for years: Fed official -- SLEDGEHAMMER: Audit the Fed Update -- Farrakhan Exposes Rothschilds and Warburgs -- House Joint Resolution 192 of June 5, 1933 suspended your right to lawfully pay debts -- Declare Your Independence with Ernest Hancock Afternoon November 2nd 2009 -- Federal Reserve Policy Audit Legislation Gutted, Paul Says -- NY Fed under Geithner paid AIG 100% of Face Value for Derivatives -- The death of the punchbowl metaphor -- Anything Less Than Full Disclosure is Unacceptable - by Ron Paul -- -- Heh Dodd You TWIT! -- Who OWNS Foreclosed U.S. Properties?, Part I & 2 Scam in the making -- Whitney Tilson: We Need To Break Up Goldman Sachs -- Marc Faber On The Death Of Fiat Money - "Dollar Will Go To A Value Of Exactly Zero" -- Two Trillion Tons (Bucks) -- Former Fed Chairman Paul Volcker admits the Federal Reserve is private, and he attended Bilderberg G --
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