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What’s so funny? The US people haven’t yet figured it out that they’ve been had - they’ve been robbed by the privately owned US Federal Reserve Banks and their co-conspirators, the US government.

Many in the US think that the US Federal Reserve is a Federally owned and controlled banking system. That is fiction. The US Federal Reserve is a privately owned bank with shareholders and banks around the World. The Federal Reserve System (also known as the Federal Reserve, and informally as the Fed) is the central banking system of the United States. It was created in 1913 by the enactment of the Federal Reserve Act, largely as a response to a series of orchestrated financial panics or bank runs, particularly a severe panic in 1907. Today the Federal Reserve is behind the US economic crisis, a repeat of 1907 whereby the shareholders of the modern Federal Reserve have orchestrated another financial panic. An audit of the Federal Reserve would reveal that the banks (will list them below) conspired to defraud the United States people of $trillions. An audit would reveal that there was no actual $billion loses, only a falsely proclaimed loss. You see the books of a private company are not under federal scrutiny unless there is reason to believe that the company isn’t or hasn’t reported its true earning to the government so that the government can collect the proper amount of taxes. What an audit would reveal is that the Federal Reserve banks, domestic and foreign banks make up the US Federal Reserve, conspired to commit fraud by understating their earning and overstating their losses in order to get their hands on US taxpayers dollars that have now exceeded $6 trillion. You see the bankers of the Federal Reserve Banks have done this before - in 1907.

The Panic of 1907, also known as the 1907 Bankers’ Panic, was a financial crisis that occurred in the United States when the New York Stock Exchange fell close to 50% from its peak the previous year. Panic occurred, as this was during a time of economic recession, and there were numerous runs on banks and trust companies. The 1907 panic eventually spread throughout the nation when many state and local banks and businesses entered into bankruptcy. Primary causes of the run include a retraction of market liquidity by a number of New York City banks and a loss of confidence among depositors. This is the exact same cause for the current US economic crisis.

Bank of America started today’s crisis by retracting market liquidity in the mortgage sector. Soon after other Federal Reserve banks did the same to exasperate the illusion of a financial crisis. The illusion of bank failures and bankruptcy achieved the Federal Reserve bank’s goal – to have Bush and Obama simply hand over $trillions in federal tax dollars. In both Bush’s Bailout Scheme and Obama’s Stimulus Scheme none of the banks of the Federal Reserve that received $trillions have to repay any of it back. Bush and Obama simply gave it all away with no strings attached. No repayment is required. No accounting of where the money is going is required. No paper trail. Bush and Obama even gave them all a get out of jail free card by declaring that their bailout and stimulus schemes will not be subjected to Judicial or Congressional oversight. Both Bush and Obama made sure this was part of the deal because both received multi $billion kickbacks for their unlawful defrauding of the US people scheme.

The 1907 panic began with a stock manipulation scheme to corner the market in F. Augustus Heinze’s United Copper Company. Heinze had made a fortune as a copper magnate in Butte, Montana. In 1906 he moved to New York City, where he formed a close relationship with notorious Wall Street banker Charles W. Morse. Morse had once successfully cornered New York City’s ice market, and together with Heinze gained control of many banks—the pair served on at least six national banks, ten state banks, five trust companies and four insurance firms.

Augustus’s brother, Otto, devised the scheme to corner United Copper, believing that the Heinze family already controlled a majority of the company. A significant number of the Heinzes’ shares had been borrowed, and Otto believed that many of these had been loaned to investors who hoped the stock price would drop, and that they could thus repurchase the borrowed shares cheaply, pocketing the difference—a technique known as short selling. Otto proposed a short squeeze, whereby the Heinzes would aggressively purchase as many remaining shares as possible, and then force the short sellers to pay for their borrowed shares. The aggressive purchasing would drive up the share price, and, being unable to find shares elsewhere, the short sellers would have no option but to turn to the Heinzes, who could then name their price.

Bush and Obama’s bailout recipients. Most of which were in the “derivatives mess”.

BNP Paribas Securities Corp.
Banc of America Securities LLC
Barclays Capital Inc.
Cantor Fitzgerald & Co.
Citigroup Global Markets Inc.
Credit Suisse Securities (USA) LLC
Daiwa Securities America Inc.
Deutsche Bank Securities Inc.
Goldman, Sachs & Co.
HSBC Securities (USA) Inc.
Jefferies & Company, Inc.
J. P. Morgan Securities Inc.
Lehman Bros.
Mizuho Securities USA Inc.
Morgan Stanley & Co. Incorporated
Nomura Securities International, Inc.
RBC Capital Markets Corporation
RBS Securities Inc.
UBS Securities LLC.

Now compare this list to the list of banks that make up the US Federal Reserve. The US Federal Reserve banks are the majority receivers of Bush and Obama’s tax dollar give away scheme.

US Federal Reserve Banks

* Credit Suisse Securities (USA) LLC - headquartered in Zurich, Switzerland. Formerly known as Schweizerische Kreditanstalt with links to Nazi Third Reich. In 1940 opened its first branch outside Switzerland (in New York). Involved in “laddering” stocks. This means selling a buyer a set number of stocks before they go public on the condition that they buy an equal amount once they do go public. This benefits the buyer because they get a good deal on the pre-market stocks and the guaranteed sale temporarily inflates the stock price for the securities firm. Accused of “spinning” stocks, or giving certain privileged clients (usually executives of top investment banking clients) access to new stock before they hit the market. The client can sell them for a large return in the first busy day or two of trading. In exchange, Credit Suisse Securities gets their investment banking business and heavy transaction fees.

* Daiwa Securities America Inc. - in 1998 was sanctioned for violating anti-fraud and compensation disclosure rules. NASD Regulation began its investigation of Daiwa in July 1996, shortly after receiving an internal Daiwa memorandum outlining an overcharging scheme. NASD Regulation found that, from July 1987 to December 1991, Daiwa’s Los Angeles branch office told customers that their buy orders had been executed at a price higher than the actual purchase price, and their sell orders had been executed at a price lower than the actual sale price. The firm kept the undisclosed difference as “secret profits.” NASD Regulation found that the Los Angeles branch office – which closed in August 1995 – reported either higher or lower executions in approximately 265 out of 570 transactions, resulting in $306,000 in illicit profits

* Deutsche Bank Securities Inc. - used the aggressive expansion of the German Reich into Austria and the Czech lands in order to acquire new branches in those areas and holdings in banks already operating there. Knowingly purchased gold taken from the victims of Nazi concentration camps. By the time the war ended, almost all account assets and deposits held by Jewish customers had been transferred to the German Reich.

* Lehman Brothers Inc. forced into bankruptcy to start the Federal Reserve banking panic scheme.

* Dresdner Kleinwort Securities LLC. - They and Deutsche Bank AG did a lot of business with the Third Reich. Both bought 4,446 kilograms of gold from the Reichsbank, the central bank of Nazi Germany. The gold was worth just over $5 million at the time. Of those purchases, the bank acquired at least 744 kilograms of “Melmer gold,” taken from concentration camp victims and later recast into bullion bars under the direction of the SS officer Bruno Melmer.

* Goldman, Sachs & Co. - Goldman Sachs was founded in 1869 by German Jewish immigrant Marcus Goldman. In 1882, Goldman’s son-in-law Samuel Sachs joined the firm which prompted the name change to Goldman Sachs. On December 4, 1928, it launched the Goldman Sachs Trading Corp. a closed-end fund with characteristics similar to that of a Ponzi scheme. The fund helped bring about the Stock Market Crash of 1929. Today we have history repeating as they created TARP - The Troubled Asset Relief Program (TARP) is a program of the United States government to purchase assets and equity from financial institutions to strengthen its financial sector. It is the largest component of the government’s measures in 2008 to address the subprime mortgage crisis. The fund was set up by former Treasury Secretary Henry Paulson (former CEO of Goldman Sachs) which economists believe was pushing the US towards another Stock Market Crash of 2009.

* Greenwich Capital Markets Inc. - Effective April 1, 2009, Greenwich Capital Markets, Inc., was renamed “RBS Securities Inc.”

* HSBC Securities (USA) Inc. - the U.S. home- lending unit for Europe’s biggest bank, went to trial on claims that a corporate predecessor hid predatory lending from shareholders. Plaintiffs claim the suit may be worth $1 billion. Paid a record $484 million fine in October 2002 to settle a dozen states’ claims it deceived borrowers about the terms of their mortgages. The company charged some clients double their promised interest by adding insurance and other costs, according to Michigan Attorney General Jennifer Granholm, who is now governor. “The company estimated that it had overcharged customers approximately $3.2 billion” and inflated its reported profits between 1999 and 2001, Dowd, the plaintiffs’ attorney, said in a pretrial court filing. HSBC Holdings’ profit fell last year to $5.7 billion from $19.1 billion because of claimed subprime losses.

* J. P. Morgan Securities Inc. - hostile takeover of Bear Stearns & Co. Inc. J.P. Morgan created and controlled Mahonia Ltd., an energy trading business. A venture company created in December of 1992, Mahonia operated out of the Channel Islands in the UK. Sixty percent of its transactions were made with Enron. These transactions were originally made by Enron in an attempt to defer taxes, but as the company’s debt increased, and the energy industry continued to experience losses, the transactions became a means to finance its operations. As the operator of Mahonia, J.P. Morgan faced major losses when Enron declared bankruptcy. The firm sought $1.1 billion from Enron’s insurers to cover losses it suffered through the pre-paid energy trades. Enron’s insurance companies, however, argued that they shouldn’t have to pay. Their argument centered on the assertion that the ‘trades’ that they had insured had turned out to be “disguised loans.” Their commitment to provide “absolute and unconditional” coverage, they stressed, did not apply toward covering “fraud.” They held that J.P. Morgan had conspired with Enron to hide the company’s debt by giving it loans masked as pre-paid energy trades with Mahonia. Their allegations raise questions as to why J.P. Morgan would have helped Enron hide its debt, and how supporting Enron could have benefited J.P. Morgan.

* Mizuho Securities USA Inc.

* Morgan Stanley & Co. Incorporated - conflicts of interest regarding a number of different companies. Morgan Stanley stock fraud actions involved client companies such as Gucci, and investigators claim that Morgan Stanley stock fraud were specifically designed to influence investment banking business with specific clients. Additionally, Morgan Stanley stock fraud is suspected in association with overvalued telecom stocks, and also in conjunction with Enron. Morgan Stanley stock fraud accusations have led to federal investigations related to failure to follow SEC required records-keeping. Morgan Stanley stock fraud plans were allegedly designed to benefit those companies who did business with the investment bank; Morgan Stanley stock fraud schemes were designed to deceive the investors, according to the investigators, who claim that Morgan Stanley stock frauds created false values, driving stock prices up or down according to their relationship with each company. The FBI has announced that former key executive for Morgan Stanley, Darin Demizio, will serve 38 months imprisonment and three years of supervised release for conspiring to commit securities fraud and wire fraud. Mr. Demizio routinely directed business from Morgan Stanley’s securities lending division to smaller brokerage firms for kickbacks that were paid to his father and Craig DeMizio, his brother. The amount of the kickbacks was over $1.6 million from 2000 – 2004.

* Nomura Securities International, Inc. - accused of conducting securities transactions through an agent whose record-keeping practices led to an erroneous transfer of funds attributable to dividend payments. Further, the Statement of Claim filed against petitioner alleged that petitioner violated “industry practice” by failing to return or to cause the return of these dividend payments.

* UBS Securities LLC. also linked to the Nazi Third Reich. In July 2008 the attorney general of New York accused UBS of consumer and securities fraud, saying the bank had misled investors when it sold them auction-rate securities. Auction-rate securities are preferred shares or debt instruments with rates that reset regularly, usually every week, in auctions overseen by the brokerage firms that originally sold them. But the $300 billion market for these instruments collapsed in February, trapping investors who had been told that they were safe and easy to cash in.Even as a senior executive at UBS called the market “a complete loser,” the bank continued to pitch the securities as short-term, liquid investments, according to the civil complaint filed by Andrew M. Cuomo, attorney general of New York.At the same time, seven executives at the bank sold their personal holdings of the securities, which totaled $21 million, to avoid losses, according to the complaint. “Once they knew the auctions were failing, they removed their personal money and corporate money from the auctions and were still bringing consumers into the auctions,” Mr. Cuomo said.

In 1907 a group of bankers conspired to create a fictional banking crisis in order to coerce the US Congress into forming the US Federal Reserve - a banking system of private bankers with complete control over the US. If you control a country’s money you control the country. Today the same group has orchestrated another banking crisis in order to form the World Monetary Fund - a banking system of private bankers with complete financial control over the World. How do we stop them? We shut them down. We invest in other banks or form completely new banks. We take our money out of their banks and put them in other locally owned banks. Most importantly have no part in the World Monetary Fund because if you do you no longer have a sovereign state.

“They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; the rich and predatory money lenders. This is an era of economic misery and for the reasons that caused that misery, the Federal Reserve Board and the Federal Reserve banks are fully liable.” ~ Rep. Louis T. McFadden (R. Pa.) statement in regards to the Federal Reserve banks

How can the US taxpayers stop financing those whose purpose it is to destroy the United States?

To avert another financial crisis in the United States “ the Federal Reserve Act must be repealed and the Federal Reserve banks, having violated their charters, should be liquidated immediately.

Replace the counterfeit FED money (interest attached) for real U.S. money (interest-free) dollar for dollar, as Kennedy tried to do. The US people should not be required to pay interest on their own currency. According to Benjamin Franklin, this was one of the primary reasons “the people” fought the Revolutionary War. Today they are still fighting the same family of foreign bankers.

The U.S. Government can buy back the FED at any time for $450 million (per Congressional record). The U.S. Treasury could then collect all the profit on US money instead of the 300 original shareholders of the FED. The $13+ trillion of U.S. debt could be converted dollar for dollar with U.S. non-interest bearing currency when the debt becomes due. There would be no inflation because there would be no additional currency in circulation. Personal income tax could be cut if the US government got rid of the FED and therefore, the economy would expand. According to the Constitution, only Congress is to control the creation of money, keeping the amount of inflation or deflation in check. If Congress isn’t doing their job, they should be voted out of office. Unfortunately, voters can’t vote the unelected FED or its Chairman out of office.

If the government has a deficit, the United States government could handle it as Lincoln and Kennedy did. By printing interest-free United States Notes instead of the illegal interest-bearing counterfeit called the Federal Reserve Note.. Today the FED, through foreign banks, owns much of the US debt and therefore controls the United States. The FED will cease to exist as taxpayers become informed and tell other taxpayers.

By law (check the Congressional record), the US people can takeover the FED for the original investment of the FED’s 300 shareholders, which is $450 million. If each taxpayer paid $25, they could takeover the FED and all the profit would flow into the U.S. Treasury. In other words, by Congress allowing the constitutionally illegal FED to continue, much of your taxes go to the shareholders of the FED and their foreign bankers.

Note: The people who illegally enacted the FED also illegally created the IRS, within months of the FED’s inception. The FED buys U.S. debt with counterfeit money they print from nothing (meaning they have no value - worthless), then charges the U.S. taxpayers interest. The government had to create a tax - income tax - to pay the interest expense to the FED’s foreign shareholders, but the income tax was never legally passed. The FED is illegal, per Article 1, Section 8 of the United States Constitution. Not one state legally ratified the 16th Amendment making income tax legal.

If the FED was eliminated and the US government uphold the Constitution, the US could balance the budget and cut personal income tax to almost nothing. In Congressional hearings on September 30, 1941, FED Chairman Eccles admitted that the FED creates new money from thin air (printing press), and loans it back to the US people at interest. On June 6, 1960, FED President Mr. Allen admitted essentially the same thing. If you or I did this we would be arrested for counterfeiting and put in jail.

It is time to abolish the Federal Reserve Bank’s control of the United States. It is time to stop the Federal Reserve Bankers from printing of the US money and creating the US debt! The US people don’t even need to buy back the FED. They only need to print money the way the United Constitution requires - by Congress, interest free.