Federal Reserve

An insidious usury based banking system introduced into America by the progeny and agents of the Khazar, Mayer Amschel Bauer (1743 – 1812) who later changed his name to Rothschild. His system was based upon the ancient Babylonian Temple banking system learned by Khazar wise men 2000 years ago and subsequently refined through the centuries for purposes other than banking. From the founding of the United States to the mid-nineteenth century, Rothschild bankers and their yankee agents were foiled in their attempts to gain a strategic foothold in America’s economic independence. Our Founders were set against a National Bank, and while America was a Christian Republic, she was able to repel the prodding’s of agents like Alexander Hamilton and Henry Clay in spite of economic calamities caused by these bankers in commodities. These commodity price disruptions (distractions) brought about calls for a national bank that could control the economy, yet wiser men prevailed. Once the Republic was extinguished in 1865, resistance was reduced to a few Christian Legislators. Under our Constitution, the right to coin money (gold or silver coin) was the prerogative of the U.S. Congress. It was assumed that banking would be controlled by the States. Once the sovereignty of the States were expunged in 1865 the path became clear for the introduction of a national system of banking. By 1913, every agent was in place to introduce into America an ancient system of usury and control, and President Woodrow Wilson signed it into law. The agriculture depression (commodity price manipulation distraction) and panic of 1907 seemed to force upon the United States Congress a dire need to pass the “emergency legislation” during Christmas recess of 1913 when few members were present. The Federal Reserve is not part of or owned by the Federal Government but is a for profit corporation wholly owned by international bankers and their yankee co-conspirators. The Federal Reserve has never been audited. Our government could print its own currency for use as a medium of exchange but chose rather to allow the Federal Reserve to loan us money with interest. The Federal Reserve System is not based upon thrift but upon debt; dollars are created each time new government, commercial, or personal debt is created. As each new dollar is created the value of each existing dollar declines. Thus, the $1.00 created in 1913 is worth 2.8¢ in 2008. For your information, on March 9, 1933 President Roosevelt (whose ancestor founded the Bank of New York and who subsequently received shares in the Federal Reserve scheme) signed into law an amendment to the Federal Reserve Act of 1913, the Emergency Banking Act (48 Stat. 1) pledging the real estate and personal property of all Americans as backing for our (U.S. Government) debt to the Federal Reserve. The present Federal Reserve System is nothing more than the continuation and refinement of the old Babylonian Temple Banking System whose theologians reveled in the ease with which their usury victims became willing absentee slaves. Speaking of the refined Babylonian Banking System, that stalwart of the Bolshevik Revolution, Leo N. Tolstoy said, “Money (fiat money) is the new form of slavery, and distinguishable from the old simply by the fact that it is impersonal – that there is no human relation between master and slave.”