Wednesday, December 10, 2008

U.S. Federal Reserve not part of Federal Government

"Few Americans know the truth about the Federal Reserve. The reality is it is no more a part of the federal government than is Federal Express. The Federal Reserve is a private corporation run by private bankers.

"Why should you care? Because as President Thomas Jefferson, President Andrew Jackson and President Woodrow Wilson all understood, a private central bank has the power to destroy our lives and steal our freedoms.

"The U.S. Treasury, in connection with the Federal Reserve, has “loaned” billions of taxpayer dollars to banks here in the U.S. and around the world and there is no guarantee we will ever be re-paid. This is nothing more than the rich bankers taking care of their rich banking friends while creating further inflation that limits your buying power of essentials such as food and clothing. In other words, the injections of liquidity by the feds in the billions of dollars have caused you and me to be the recipients of a “hidden tax” through the debasement of our currency."
Read Brannon Howse's article Past Presidents Have Warned Us About The Danger and Corruption of A Central Bank (The Federal Reserve)

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