Occupy Wall Street protesters demands the abolishing of the Federal Reserve.
Corruption, World news Wednesday, October 5th, 2011Wall Street is just a symptom within a much bigger problem. The root of the problem is the Federal Reserve. The number one demand of the “Occupy Wall Street” protests is – “Get rid of the Federal Reserve”. They know that the root of the economic crisis in the United States is the bankers of the privately owned Federal Reserve. The protesters know that in order to fix the problem their government has to abolish the Federal Reserve and their unconstitutional control of the U.S. money. Every time they look at the money in their wallets they see the root cause of all of their financial problems. The root problem is that their money says “Federal Reserve Note” and not “United States Note”. The “United States Note” or greenback is the only legal tender for the United States as they were issued as an interest-free and debt-free currency backed by silver reserves in the U.S. Treasury.
Ever since the Federal Reserve bankers illegally took away control of the U.S. money from Congress with the Federal Reserve Act in 1913, the U.S. currency has lost 96% of it’s purchasing power. Before 1913 all U.S. money was coined by the U.S. Congress. The United States Constitution only gave Congress the power to coin money and regulate the value thereof. The Federal Reserve bankers have grossly violated the United States Constitution with the illegal passing of the Federal Reserve Act in 1913. Occupy Wall Street protesters want to correct this grave error by abolishing the Federal Reserve and their worthless Federal Reserve Note.
But how do the American people get rid of the Federal Reserve? The original Federal Reserve Act of 1913 provided for an expiration of the corporate “power” of the twelve Federal Reserve Banks.
Sec. 4 … the said Federal reserve bank shall become a body corporate and as such … shall have power: … Second. To have succession for a period of twenty years from its organization unless it is sooner dissolved by an Act of Congress, or unless its franchise becomes forfeited by some violation of law. Federal Reserve Act of 1913 (P.L. 63-43, 38 STAT. 251, 12 USC 221).
The Federal Reserve can be dissolved today with just one simple Act of Congress. The power to coin money and to regulate the value thereof was illegally taken away from Congress and given to the unelected private bankers of the Federal Reserve Banks. It is within the power of the United States Congress to take back that right and to punish the bankers of the Federal Reserve Banks for illegally counterfeiting the securities and lawful coin of the United States.
If Congress refuses to dissolve the Federal Reserve then the Federal Reserve can still be forfeited by some violation of law. This is codified in the United States Code, 12 U.S.C. § 341. The code doesn’t specify what type of violation of the law so any violation of the law by the Federal Reserve is cause for immediate forfeiture of the Federal Reserve.
The Federal Reserve has violated the United States supreme law. The U.S. Constitution – Article 1 Section 8 – Congress shall have the power “To coin Money, regulate the Value thereof”. Other crimes committed by the Federal Reserve includes counterfeiting, money laundering, embezzlement, extortion, theft, fraud, wire fraud, securities fraud, and bribery.
To counterfeit means to illegally imitate something. The worthless Federal Reserve Note is illegally printed to imitate the U.S. Dollar. Only the United States Congress has the authority to coin the U.S. money and regulate the value thereof. The United States Constitution clearly states that authority. Nothing and no one can ever change that Constitutional authority, not even the Unconstitutional and therefore illegal Federal Reserve Act.
The Federal Reserve Note isn’t a U.S. dollar. It is a worthless piece of paper masquerading, illegally, as a U.S. Dollar. What does every American see printed at the top of the Federal Reserve counterfeit paper? It doesn’t say United States Note, it says Federal Reserve Note.
Prominent Americans such as Thomas Jefferson and Andrew Jackson have argued and fought against the central banking polices used throughout Europe.
A note issued by a central bank, such as the Federal Reserve Note, is bank currency. These notes are given to the government in exchange for an interest-bearing government bond. The primary means to pay for the interest on these bonds is to borrow more bank notes, thus beginning a vicious cycle that ultimately ends with the complete destruction of the currency and bankruptcy of the nation. The Occupy Wall Street protesters now know that the Federal Reserve and its worthless counterfeit is the root cause of their financial crisis. They are marching on Wall Street to demand that the Federal Reserve be abolished. The Federal Reserve can be abolished today. The bankers of the Federal Reserve are corrupt. They knowingly and intentionally broke the laws of the United States.
The bankers of the Federal Reserve Banks are crooks and they have been robbing the United States people. The largest robbery in the United States history was carried out by the bankers of the Federal Reserve Banks. They stole over $16 trillion from the people of the United States in 2 elaborate fraudulent bailout schemes.
The bankers of the illegal Federal Reserve Banks need to be put out of the business of defrauding the United States people. They need to be arrested, charged and punished for their crimes against the United States and “the people”.
“This is the type of stuff we accused the communist and socialist governments of doing—interfering in free markets through currency manipulation,” declared Zubi Diamond, author of The Wizards of Wall Street. “What the Fed is doing is not good for free market capitalism and it is not good for America.”
In an interview with Accuracy in Media, Diamond went on to say, “The Fed is following the economic models of Third World countries by printing more money and devaluing their currencies. If you keep doing what Third World economies do, eventually you will become a Third World economy.”
Diamond said the result of the Fed’s policy will be to “increase the debt, devalue our currency and create a bigger problem that won’t solve the crisis.” Eventually, the United States will collapse because of the massive debt the Federal Reserve imposed on it. This is what “Occupy Wall Street” protesters are trying to prevent. They are trying to make the rest of the country see who and what is the root cause of their finaicial problems. They are loudly voicing the only solution to this problem – “GET RID OF THE FEDERAL RESERVE”!!!!!!!!!!!!!!!!!!!!!!!!
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What laws have the Federal Reserve violated that would warrant their immediate forfeiture? Every American has been robbed by the Federal Reserve. Every American has been defrauded by the Federal Reserve. Millions of Americans have been thrown out of your home by the Federal Reserve. Millions of Americans have lost your job because of the Federal Reserve. Every American is a victim of the Federal Reserve counterfeiting, money laundering (the Federal Reserve Notes are illegally introduced into the financial system by “placement”, then complex financial transactions are made in order to camouflage the illegal counterfeit in order to acquire real value wealth generated from the transactions of the illicit funds), trafficking in counterfeit Federal Reserve Notes, fraud (the Federal Reserve bankers only declared $billion losses. No evidence has ever been presented to actually prove their claimed loses), extortion (the Federal Reserve bankers fraudulently declared $billion loses in order to force the U.S. government to give them 10 times or more in federal funding than their declared loses. In all cases the Federal Reserve bankers got several times more money than their bank’s entire yearly earnings) , and embezzlement. The Federal Reserve was only authorized by Congress to use $1.487 trillion in federal tax dollars in bailouts. The Federal Reserve doled out over $16 trillion. That means the Federal Reserve embezzled $14.5 trillion.
An audit of the Federal Reserve uncovered that the Federal Reserve dolled out more than $16 trillion in secret loans to American and foreign banks and businesses during the worst economic crisis since the Great Depression. The Federal Reserve secretly gave more than $16 trillion ($14.5 trillion more than was authorized by the Congress and signed off by George W Bush and Barack Hussein Obama) to some of the largest financial institutions and corporations in the United States and throughout the world. The audit also revealed that the Fed provided conflict of interest waivers to employees and private contractors so they could keep investments in the same financial institutions and corporations that were given $billions in embezzled federal funding.