Timothy Geithner, the president of New York's Federal Reserve Bank renowned for his cool head under the pressure of the global credit crisis, will be named Barack Obama's treasury secretary on Monday.
The BS has already begun.
"The Federal Reserve Bank"is in no way owned by the people, nor is it in anyway for the people. Rather it is comprised of banks all owned by the Rothschild family.
Article 1, Section 8 of the US Constitution specifically says that Congress is the only body that can "coin money and regulate the value thereof." The US Constitution has never been amended to allow anyone other than Congress to coin and regulate currency.
Thomas Jefferson said,
"If the America people ever allow private banks to control the issuance of their currencies, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their prosperity until their children will wake up homeless on the continent their fathers conquered."
Briefly, the Federal Reserve system was created by international banking families such as the Rothschilds, Warburgs and Rockefellers. This international banking cartel creates "money" out of thin air. It only costs them a few cents to print each Federal Reserve Note "dollar bill", and then they "bill" the American people for the full face value of the note. Then to add insult to injury, they charge us interest to borrow their so-called "money". If you or I did this, we would be arrested for counterfeiting and fraud. This system was instituted gradually, starting with the Civil War.
The Federal Reserve is also a monopoly--in a country where monopolies are supposed to be illegal. The IRS deposits people's income tax checks directly in the Federal Reserve banks--not in the united States Treasury. Therefore, it appears that the IRS is merely the collection agency for the international banksters. Anyone can obtain the original incorporation papers (certified copies) for the IRS from Delaware's Secretary of State.
Yes, the IRS is a corporation. It was incorporated in 1933 by private individuals. Over the years the IRS has become a tool of the elite banking families to financially attack and/or imprison people who expose the Federal Reserve. It is also a tool used by the D.C. elite to attack people who expose government corruption.
If you take out a paper dollar and look at it, you will notice that it states at the top of the "bill": "FEDERAL RESERVE NOTE". A "note" is, by definition, an "instrument of debt" and "evidence of debt". According to BLACK'S LAW DICTIONARY (Sixth Ed.) "MONEY" is defined: "In usual and ordinary acceptation it means coins and paper currency used as circulating medium of exchange, and does not embrace notes, bonds, evidences of debt, or other personal or real estate." Now this may come as a shock to some people, but those paper "Federal Reserve Notes" are not money and they are not dollars. Federal Reserve Notes are merely IOUs. There is nothing backing these "bills" except debt. However, people (voluntarily) use them as [instead of] money and as dollars. The key word is "as". (The smallest words can have the biggest meanings.)
Banks can create this phony "currency" out of thin air. Banks can loan out "currency" that they don't even have. When you apply for a loan from a bank, the bank does not have anything to back up that loan because they are allowed to loan out about seven to ten times more "currency" than they have on deposit. This is not mere speculation; this is a matter of court record, testimony under Oath, by a former lawyer for the Federal Reserve. In other words bankers create "currency" with just the stroke of a pen or the keystroke of a computer. These bankers then charge you "interest" to borrow this "currency", which is nothing more than some numbers typed on a piece of paper! If We the People ever did this we would be spending many years in a federal prison.
Re: A Ray Of Sunshine For The Right?
Member #: 34570
Registered: 11/22/2004
Posted:
2050
Name:
Dan Gerson
Name:
Dan Gerson
Company:
No mas cable
Occupation:
Paying bills
Location:
Sunny SW Florida.
Personal:
early 60s
Experience:
~28 years
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