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You are here Editorials Jesse Richard's Commentary Dear Lou Dobbs, Who Owns the Federal Reserve?

Dear Lou Dobbs, Who Owns the Federal Reserve?

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Originally published July, 2007.
"It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." - Henry Ford


May I suggest that everyone who reads this message send a letter to Lou Dobbs, Mr. American Middle Class Champion, and ask him to explain exactly who owns the Federal Reserve and why we allow the Federal Reserve to continue to control our entire economy. Then ask him why he, and everyone else in the media, have refused to explain this to the American people.

As Lou says every day: It's time for answers!

Write to Lou Dobbs here:
http://www.cnn.com/feedback/forms/form5.html?9

The real answer to this question is that the Federal Reserve is like a big Mafia loan shark. It owns our nation in the same way a loan shark owns his "clients!" There is absolutely no difference between the two.

No matter what the situation, whenever there is news related to the Federal Reserve a big, loud, coordinated, conspiratorial lie of omission is committed by every single news outlet in our nation. What is this lie? It is keeping up the false impression that the Federal Reserve is part of our government! The Fed is a private, for profit bank, that controls our government and economy. They control the money supply, inflation, depression, recessions, etc. They are not accountable to Congress, the executive branch or anyone in government.

The revolutionary war was started primarily to get away from a similar situation in England where the Bank of England held the same control over their nation. Revolutionaries realized this and they put an end to it. Unfortunately some traitors in the Senate reversed our true liberation and now we have a private bank controlling our personal financial status.

Let me ask you a simple question: what country in its right mind would create a system that would force it to lend itself money and have to repay the money WITH INTEREST? What country would charge itself interest? What nation would put itself out of business by making it bankrupt because of interest? The answer is none! America is not charging itself interest on its debt, the privately owned central bankers are doing this and they are hiding in plain sight! Congress (with the exception of Ron Paul), every US president and every single member of the corporate media are either part of the conspiracy or just plain stupid!


Two presidents tried to stop this outrage, and they were both assassinated. Lincoln was set to bypass the central banks in order to finance the Civil War. The banks were going to charge him 24-36% interest on the loans. So Lincoln had Congress pass a law authorizing the printing of full legal tender. These treasury notes would be used to finance the war. Lincoln wrote: "... (we) gave the people of this Republic the greatest blessing they have ever had - their own paper money to pay their own debts..." Now go and research the person who supposedly killed Lincoln and how he relates to bankers.

After Lincoln was assassinated Congress revoked the Greenback Law and enacted the National Banking Act. The national banks were to be privately owned and the national bank notes they issued were to be interest-bearing. The Act also provided that the Greenbacks should be retired from circulation as soon as they came back to the Treasury in payment of taxes.

John F. Kennedy was the next brave man to take on the Federal Reserve. On June 4, 1963, President Kennedy signed a Presidential Executive Order 11110. This order virtually stripped the Federal Reserve Bank of its power to loan money to the United States Government at interest. Kennedy declared the privately owned Federal Reserve Bank would soon be out of business. This order gave the Treasury Department the authority to issue silver certificates against any silver in the treasury. This executive order still stands today. No president since has had the courage to invoke it for it would mean their demise. The US government is a front for the real controllers; the central bankers.

Debt keeps the central banks in control of the world. Nations that eliminate their debt end up on the hit list. When you see nations "liberated" by the US or its allies what normally follows is a central bank extending loans to these liberated nations. The World Bank always comes to the rescue. What a joke this is like having a loan shark come to the rescue of someone who needs food money for his kids!

War is the single biggest money making business for the central bankers. Nations go into tremendous debt to finance war. Interestingly enough, but in no way surprising to those of us who know better, the architects of both Vietnam and the Iraq invasion both went on to become the head of the World Bank; Robert McNamara and Paul Wolfowitz. It is the central banks that push the world towards military conflict.

Look at your money; it say "Federal Reserve Note!" It is not an American government currency backed by an asset. It is fiat currency backed by nothing. The Federal Reserve lends these notes to the government, with interest! What a scam! How do we permit this? Oh, I know, we permit this because most people don't know about it...thanks to the criminals in the media. For if the people knew, perhaps Henry Ford's words would ring true and we would indeed take to the streets to stop this crime!

The Federal Reserve is a private bank that owns the sole right to dictate monetary policy for our nation. As a matter of fact shortly after George W. Bush was placed in office by very powerful people, not by the electorate, the Federal Reserve announced that they would no longer report how much money was being printed. Imagine that! Well you don't have to imagine that because it happened, and your media did not tell you about it, and your Congress sat quiet. Americans let this happen because Americans are pretty much stupid people. They laugh at intelligent people as they dedicate themselves to being suckers who worship a little flag as opposed to a legitimate government.

This is the biggest scam and conspiracy on our planet and we must make this part of our daily discussion. Ask questions, and DEMAND answers!

Please start by writing to Lou Dobbs!
http://www.cnn.com/feedback/forms/form5.html?9

Think about it!

REFERENCES:


UPDATE: Some people have commented that the president of the United States appoints the head of the Federal Reserve and that is proof that the Fed is indeed part of the government. Well people, the president does present his selection to Congress for approval...but that selection comes from a list of candidates given to him by the Federal Reserve!!! It's a show, people!

Kids...this is not a joke. It is also not a secret. It is public record...not a theory. The Fed is a private for profit bank that does not answer to Congress or the President and it is unconstitutional. It is another responsibility given to Congress by our Constitution that has been ignored or illegally assigned elsewhere by Congress; just as the power to declare war has been signed over to George W. Bush. Look it up...take a minute...this is a huge issue and one that should not be dismissed so quickly because you just became aware of it by reading a blog. Go do some homework. I did...now help me take back our nation! I am fighting for YOU! The least you can do is check your facts before you dismiss what I have written.

 
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