THE FED
THIS PAGE UPDATED 07/15/04
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“It is well enough 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


"Capital must protect itself in every possible manner by combination and legislation. Debts must be collected, bonds and mortgages must be foreclosed as rapidly as possible. When, through a process of law, the common people lose their homes they will become more docile and more easily governed through the influence of the strong arm of government, applied by a central power of wealth under control of leading financiers. This truth is well known among our principal men now engaged in forming an imperialism of Capital to govern the world. By dividing the voters through the political party system, we can get them to expend their energies in fighting over questions of no importance. Thus by discreet action we can secure for ourselves what has been so well planned and so successfully accomplished." USA Banker's Magazine, August 25 1924

“Allow me to control the issue and the nation’s money
and I care not who makes its laws!”
— Amshell Rothschild

Banks that hold the controlling stock in the Federal Reserve Corporation:
 
Rothschild Banks of London and Berlin
Lazard Brothers Bank of Paris
Israel Moses Sieff Banks of Italy
Warburg Bank of Hamburg and Amsterdam
Lehman Brothers Bank of New York
Kuhn Loeb Bank of New York
Chase Manhattan Bank of New York
Goldman Sachs Bank of New York.

Root of all Evil

Central banking is perhaps the most brilliant scam ever perpetrated, and the U.S. Federal Reserve stands as the most successful of all central banks in history. The Fed is able to transfer wealth away from the people who earned it, and into the hands of the Federal Government and member banks, relentlessly, stealthily, year after year, and all the while maintaining the preposterous claim of social benefit in the form of "managing the economy." The method of this theft is sophisticated and disguised enough as to escape the attention of most, and when combined with propaganda, leads most people to the conclusion that we'd be in trouble without it. Yet I wish to show here that central banking can be well understood by most people for exactly what it is ­ the fraudulent theft of trillions of dollars via the monopolization of money. In the companion article, "The Origin of Money, and How It Was Stolen from You," I will show that the usual justifications given for central banking are dubious.  MORE>>

Scylla

Greenspan's Choice: Scylla or Charydis?
W
hile navigating the narrow Strait of Messina, Ulysses and his men confront the twin perils of Scylla and Charybdis. Scylla is a monster with multiple dogs' heads that lives in a cave on the shore; and whenever sailors come too close, she pulls them up and devours them. In order to avoid her, however, ships have to pass closely by another monster on the opposite side of the strait, Charybdis, who is equally hideous and sucks unfortunate travelers to their deaths in an all-consuming whirlpool.
MORE>>

Charybdis

Mr. Speaker, I rise to introduce legislation to restore financial stability to America's economy by abolishing the Federal Reserve. I also ask unanimous consent to insert the attached article by Lew Rockwell, president of the Ludwig Von Mises Institute, which explains the benefits of abolishing the Fed and restoring the gold standard, into the record.

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. MORE>>

Greenspan

07.25.04- If Mr. Greenspan Walked His Talk....Brenner

07.15.04- Al "the Shadow" Greenspan....Norcini

07.13.04- Russia's Run on Deposits and Yukos Demands: Ominous Signs for the Global Economy?....Balgov

07.05.04- Why Interest Rates Will Rise....John Mackenzie

06.18.04- The Fed and China's Grand Strategy....Nyquist

06.15.04- Terrorists could strike again on U.S. soil....Weber

06.13.04- Pinocchio's Nose and Government Statistics....Jay Taylor

06.03.04- Here Comes Inflation, The Cruelest Tax Of All....Von Hoffman

05.22.04- The Fed and Pavlov's Sheep....Benson

05.17.04- Exceeding Through Excess....Mackenzie

05.14.04- Attacks from the Periphery....Auerback

05.10.04- The Cassandras and the Optimists....Hultburg

05.06.04- The Fed Is Lifeblood to the Root of Evil....Baker

04.28.04- Waterloo!....Chuhran

04.27.04- Greenspan's Choice: Scylla or Charybdis?....Hultburg

04.26.04- The US$ Short Position....Saville

04.18.04- Discount Punch at the Never-Ending Party....North

04.06.04- The Fed has been hijacked....Antal E. Fekete

03.29.04- The Day The Fed Stood Still....Hastings

03.27.04- Hyperinflation : Creating repulsive money....Tustain

03.25.04- Fiat Money Systems....Greene

03.12.04- Moose Market....Harrison

03.10.04- Inflation vs. The People....Buss

03.08.04- A phone call to the Fed....Benham

03.04.04- The Three Stooges of Inflation....French

03.01.04- What's Going On At the Fed?....Comstock Partners

02.18.04- Could this happen to the dollar?....Dr. Dinero

02.14.04- Fractional Reserve Banking Revisited....Fekete

02.12.04- Bankers: Their Gains, Our Risks....North

02.06.04- Delusion, Divergence & the Dollar....Schmidt

02.05.04- Inflation. It's Not Just a Stupid Idea, It's the Law....Paulous

01.30.04- The Fed Hasn't Raised Rates, Yet....Gotthelf

01.22.04- A Little Help From Your Friends....Sinclair

01.18.04- A Summary of GATA's Work....Hepburn

01.12.04- Fed's pugnacious policies hurt economies....Liu

01.10.04- The Stealth-Bomber Currency....Wallenwein

01.01.04- The Deep, Deep Doo-Doo of Deep, Deep Debt....Magambo Guru

12.24.03- It's the Fiat Dollar Stupid....McIntosh

12.16.03- Turning Lead Into Gold....Wallenwein

12.12.03- The Great Financial Pox....Palha/Tyler

12.09.03- A Paper Coffin For The Not So Almighty Dying Dollar....Palha

12.04.03- Insert maniacal laughter, and fade to black....Mogambo Guru

12.01.03- The Difference Between the Banksters and the Real World....Golden Trumpet

11.26.03- The Basics of Foreign Trade and Exchange....ny.frb.org

11.17.03- Unconventional Methods....Mogambo Guru

11.14.03- Why the Fed will have to hike....Saville

10.10.03- Don't ignore The Rumbling....Mogambo Guru

09.24.03- Gold is the Cure for the Job-Drain ....Fekete

09.04.03- What a Dream! ....Joubert

09.03.03- Ass-Backward Economics ....Willie

09.02.03- Fed Watch; On the Markets & Gold ....Russell

08.24.03- Looking Back at the Week That Was ....Sinclair

08.22.03- Gold: Double Bubble, Toil And Trouble  ....Ing

08.19.03- More Rope To Hang The Dollar?....Wallenwein

08.13.03- The Greenspan Games That Investor's Shouldn't Play....Willett

08.13.03- The Fantasy System....Russell

08.04.03- Money-Grubbing at the Central Bank....Mogambo Guru

07.30.03- Feds Announce $230B Bond Bummer....Tharp

07.25.03- How desperate is the US Fed? ....Daly

07.07.03- Gold and Pax Americana....Hultberg

06.25.03- Fed vs. Deflation. Who will win? ....Weiss

06.24.03- Stop Greenspan From Plungung America Into a Depression....Fekete

06.11.03- Taking Money Back ....Rothbard

06.11.03- Is The Fed A Private Corporation?....Hultberg

06.05.03- Americans Must be Saved....Mogambo Guru

06.05.03- Lysenkoism - American Style....Fekete

05.30.03- Cornered Rats and the PPT....Hultberg

05.28.03- The Federal Reserve: "Moral Hazard's Best Friend"....Benson

05.28.03- Pay off the National Debt and Save Ourselves $300 Billion a year!....LoCascio

04.16.03- Greenspan, changing his spots....Griffin

04.01.03- An act directing the issuance of Nevada silver coins; providing that such coins are legal tender for all debts in this state....Nevada

03.21.03- John F. Kennedy vs The Federal Reserve....Wayne

03.18.03- Plunge protection and rallying shares....Hilton

03.10.03- To Revive U.S. Manufacturing, Reform Our Monetary System....Parks

03.10.03- Another Greenspan Social-Security Reform?....Attarian

01.30.03- Fed Statement Inadequate....Comstock Partners

01.29.03- Fed's Greenspan Hints At Return To Gold Standard....Brenner

12.28.02- TraderMike: The Fed Prepares for Failure....Trader Mike

Our Dishonest and Corrupt Monetary System
Jim Puplava Interview With Lawrence Parks

World's Largest Debtor (U.S.) Pledges To Pay You Back In Cheaper Dollars

Major Commercial for Gold
11/24 James Sinclair - Chairman Greenspan and Governor Bernanke of the Federal Reserve Do a Major Commercial for Gold

An Examination of Evidence Indicating Exchange Stabilization Fund and Federal Reserve Gold Market
October 29, 2002 Andrew Hepburn, Gold Anti-Trust Action Committee

Funny Money; Fighting Inflation through Art

Liberty Dollars take on the Federal Reserve

International Perspective, by Marshall Auerback

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