Debunking Federal Reserve conspiracy theories

[Scientific Playa]

heavy research on the topic...


Financial Mafia

SECRETS OF THE FEDERAL RESERVE

By Eustace Mullins

[One document] SECRETS OF THE FEDERAL RESERVE By Eustace Mullins

[In chapters]ACKNOWLEDGEMENTS
Foreword
Introduction
Chapter One Jekyll Island
Chapter Two The Aldrich Plan
Chapter Three The Federal Reserve Act
Chapter Four The Federal Advisory Council
Chapter Five The House of Rothschild
Chapter Six The London Connection
Chapter Seven The Hitler Connection
Chapter Eight World War One
Chapter Nine The Agricultural Depression
Chapter Ten The Money Creators
Chapter Eleven Lord Montagu Norman
Chapter Twelve The Great Depression
Chapter Thirteen The 1930's
Chapter Fourteen Congressional Expose
Addendum
Appendix I
Biographies
Bibliography
Questions and Answers

The cover reproduces the outline of the eagle from the red shield, the coat of arms of the city of Frankfurt, Germany, adapted by Mayer Amschel Bauer (1744-1812) who changed his name from Bauer to Rothschild ("Red Shield").

Rothschild added five golden arrows (right image) held in the eagle’s talons, signifying his five sons who operated the five banking houses of the international House of Rothschild:

• Frankfurt
• London
• Paris
• Vienna
• Naples

 

[Dusty Bake Activate]

heavy research on the topic...


Financial Mafia

SECRETS OF THE FEDERAL RESERVE

By Eustace Mullins

[One document] SECRETS OF THE FEDERAL RESERVE By Eustace Mullins

[In chapters]ACKNOWLEDGEMENTS
Foreword
Introduction
Chapter One Jekyll Island
Chapter Two The Aldrich Plan
Chapter Three The Federal Reserve Act
Chapter Four The Federal Advisory Council
Chapter Five The House of Rothschild
Chapter Six The London Connection
Chapter Seven The Hitler Connection
Chapter Eight World War One
Chapter Nine The Agricultural Depression
Chapter Ten The Money Creators
Chapter Eleven Lord Montagu Norman
Chapter Twelve The Great Depression
Chapter Thirteen The 1930's
Chapter Fourteen Congressional Expose
Addendum
Appendix I
Biographies
Bibliography
Questions and Answers

The cover reproduces the outline of the eagle from the red shield, the coat of arms of the city of Frankfurt, Germany, adapted by Mayer Amschel Bauer (1744-1812) who changed his name from Bauer to Rothschild ("Red Shield").

Rothschild added five golden arrows (right image) held in the eagle’s talons, signifying his five sons who operated the five banking houses of the international House of Rothschild:

• Frankfurt
• London
• Paris
• Vienna
• Naples

lol...that's not research bruh. That's just reading links to a made-up bullshyt conspiracy book that's become legend in the lore of crackpots, and believing in it like a child believes in Santa Claus. Eustace Mullins was a white supremacist Jew-hating Hitler supporter who worked for Joseph McCarthy, by the way.

 

[Scientific Playa]

JFK Vs The Federal Reserve
By John P. Curran
4-19-07

On June 4, 1963, a virtually unknown Presidential decree, Executive Order 11110, was signed with the authority to basically strip the Federal Reserve Bank of its power to loan money to the United States Federal Government at interest. With the stroke of a pen, President Kennedy declared that the privately owned Federal Reserve Bank would soon be out of business. The Christian Law Fellowship has exhaustively researched this matter through the Federal Register and Library of Congress. We can now safely conclude that this Executive Order has never been repealed, amended, or superseded by any subsequent Executive Order. In simple terms, it is still valid.
When President John Fitzgerald Kennedy - the author of Profiles in Courage -signed this Order, it returned to the federal government, specifically the Treasury Department, the Constitutional power to create and issue currency -money - without going through the privately owned Federal Reserve Bank. President Kennedy's Executive Order 11110 gave the Treasury Department the explicit authority: "to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury." This means that for every ounce of silver in the U.S. Treasury's vault, the government could introduce new money into circulation based on the silver bullion physically held there. As a result, more than $4 billion in United States Notes were brought into circulation in $2 and $5 denominations. $10 and $20 United States Notes were never circulated but were being printed by the Treasury Department when Kennedy was assassinated. It appears obvious that President Kennedy knew the Federal Reserve Notes being used as the purported legal currency were contrary to the Constitution of the United States of America.
"United States Notes" were issued as an interest-free and debt-free currency backed by silver reserves in the U.S. Treasury. We compared a "Federal Reserve Note" issued from the private central bank of the United States (the Federal Reserve Bank a/k/a Federal Reserve System), with a "United States Note" from the U.S. Treasury issued by President Kennedy's Executive Order. They almost look alike, except one says "Federal Reserve Note" on the top while the other says "United States Note". Also, the Federal Reserve Note has a green seal and serial number while the United States Note has a red seal and serial number.

 

[Scientific Playa]

President Kennedy was assassinated on November 22, 1963 and the United States Notes he had issued were immediately taken out of circulation. Federal Reserve Notes continued to serve as the legal currency of the nation. According to the United States Secret Service, 99% of all U.S. paper "currency" circulating in 1999 are Federal Reserve Notes.
Kennedy knew that if the silver-backed United States Notes were widely circulated, they would have eliminated the demand for Federal Reserve Notes. This is a very simple matter of economics. The USN was backed by silver and the FRN was not backed by anything of intrinsic value. Executive Order 11110 should have prevented the national debt from reaching its current level (virtually all of the nearly $9 trillion in federal debt has been created since 1963) if LBJ or any subsequent President were to enforce it. It would have almost immediately given the U.S. Government the ability to repay its debt without going to the private Federal Reserve Banks and being charged interest to create new "money". Executive Order 11110 gave the U.S.A. the ability to, once again, create its own money backed by silver and realm value worth something.
Again, according to our own research, just five months after Kennedy was assassinated, no more of the Series 1958 "Silver Certificates" were issued either, and they were subsequently removed from circulation. Perhaps the assassination of JFK was a warning to all future presidents not to interfere with the private Federal Reserve's control over the creation of money. It seems very apparent that President Kennedy challenged the "powers that exist behind U.S. and world finance". With true patriotic courage, JFK boldly faced the two most successful vehicles that have ever been used to drive up debt:
1) war (Vietnam); and,
2) the creation of money by a privately owned central bank. His efforts to have all U.S. troops out of Vietnam by 1965 combined with Executive Order 11110 would have destroyed the profits and control of the private Federal Reserve Bank.
Executive Order 11110
AMENDMENT OF EXECUTIVE ORDER NO. 10289 AS AMENDED, RELATING TO THE PERFORMANCE OF CERTAIN FUNCTIONS AFFECTING THE DEPARTMENT OF THE TREASURY. By virtue of the authority vested in me by section 301 of title 3 of the United States Code, it is ordered as follows:
SECTION 1. Executive Order No. 10289 of September 19, 1951, as amended, is hereby further amended - (a) By adding at the end of paragraph 1 thereof the following sub-paragraph (j): "(j) The authority vested in the President by paragraph (b) of section 43 of the Act of May 12, 1933, as amended (31 U.S.C. 821 (b)), to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury not then held for redemption of any outstanding silver certificates, to prescribe the denominations of such silver certificates, and to coin standard silver dollars and subsidiary silver currency for their redemption," and (b) By revoking sub-paragraphs (b) and (c) of paragraph 2 thereof. SECTION 2. The amendment made by this Order shall not affect any act done, or any right accruing or accrued or any suit or proceeding had or commenced in any civil or criminal cause prior to the date of this Order but all such liabilities shall continue and may be enforced as if said amendments had not been made.

 

[Dusty Bake Activate]

President Kennedy was assassinated on November 22, 1963 and the United States Notes he had issued were immediately taken out of circulation. Federal Reserve Notes continued to serve as the legal currency of the nation. According to the United States Secret Service, 99% of all U.S. paper "currency" circulating in 1999 are Federal Reserve Notes.
Kennedy knew that if the silver-backed United States Notes were widely circulated, they would have eliminated the demand for Federal Reserve Notes. This is a very simple matter of economics. The USN was backed by silver and the FRN was not backed by anything of intrinsic value. Executive Order 11110 should have prevented the national debt from reaching its current level (virtually all of the nearly $9 trillion in federal debt has been created since 1963) if LBJ or any subsequent President were to enforce it. It would have almost immediately given the U.S. Government the ability to repay its debt without going to the private Federal Reserve Banks and being charged interest to create new "money". Executive Order 11110 gave the U.S.A. the ability to, once again, create its own money backed by silver and realm value worth something.
Again, according to our own research, just five months after Kennedy was assassinated, no more of the Series 1958 "Silver Certificates" were issued either, and they were subsequently removed from circulation. Perhaps the assassination of JFK was a warning to all future presidents not to interfere with the private Federal Reserve's control over the creation of money. It seems very apparent that President Kennedy challenged the "powers that exist behind U.S. and world finance". With true patriotic courage, JFK boldly faced the two most successful vehicles that have ever been used to drive up debt:
1) war (Vietnam); and,
2) the creation of money by a privately owned central bank. His efforts to have all U.S. troops out of Vietnam by 1965 combined with Executive Order 11110 would have destroyed the profits and control of the private Federal Reserve Bank.
Executive Order 11110
AMENDMENT OF EXECUTIVE ORDER NO. 10289 AS AMENDED, RELATING TO THE PERFORMANCE OF CERTAIN FUNCTIONS AFFECTING THE DEPARTMENT OF THE TREASURY. By virtue of the authority vested in me by section 301 of title 3 of the United States Code, it is ordered as follows:
SECTION 1. Executive Order No. 10289 of September 19, 1951, as amended, is hereby further amended - (a) By adding at the end of paragraph 1 thereof the following sub-paragraph (j): "(j) The authority vested in the President by paragraph (b) of section 43 of the Act of May 12, 1933, as amended (31 U.S.C. 821 (b)), to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury not then held for redemption of any outstanding silver certificates, to prescribe the denominations of such silver certificates, and to coin standard silver dollars and subsidiary silver currency for their redemption," and (b) By revoking sub-paragraphs (b) and (c) of paragraph 2 thereof. SECTION 2. The amendment made by this Order shall not affect any act done, or any right accruing or accrued or any suit or proceeding had or commenced in any civil or criminal cause prior to the date of this Order but all such liabilities shall continue and may be enforced as if said amendments had not been made.

JFK Vs The Federal Reserve
By John P. Curran
4-19-07

On June 4, 1963, a virtually unknown Presidential decree, Executive Order 11110, was signed with the authority to basically strip the Federal Reserve Bank of its power to loan money to the United States Federal Government at interest. With the stroke of a pen, President Kennedy declared that the privately owned Federal Reserve Bank would soon be out of business. The Christian Law Fellowship has exhaustively researched this matter through the Federal Register and Library of Congress. We can now safely conclude that this Executive Order has never been repealed, amended, or superseded by any subsequent Executive Order. In simple terms, it is still valid.
When President John Fitzgerald Kennedy - the author of Profiles in Courage -signed this Order, it returned to the federal government, specifically the Treasury Department, the Constitutional power to create and issue currency -money - without going through the privately owned Federal Reserve Bank. President Kennedy's Executive Order 11110 gave the Treasury Department the explicit authority: "to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury." This means that for every ounce of silver in the U.S. Treasury's vault, the government could introduce new money into circulation based on the silver bullion physically held there. As a result, more than $4 billion in United States Notes were brought into circulation in $2 and $5 denominations. $10 and $20 United States Notes were never circulated but were being printed by the Treasury Department when Kennedy was assassinated. It appears obvious that President Kennedy knew the Federal Reserve Notes being used as the purported legal currency were contrary to the Constitution of the United States of America.
"United States Notes" were issued as an interest-free and debt-free currency backed by silver reserves in the U.S. Treasury. We compared a "Federal Reserve Note" issued from the private central bank of the United States (the Federal Reserve Bank a/k/a Federal Reserve System), with a "United States Note" from the U.S. Treasury issued by President Kennedy's Executive Order. They almost look alike, except one says "Federal Reserve Note" on the top while the other says "United States Note". Also, the Federal Reserve Note has a green seal and serial number while the United States Note has a red seal and serial number.

This is complete bullshyt and a butchered understanding of what E. O. 11110 was. I already explained why earlier in the thread. You probably won't read it though.

 

[Blackking]

so, y was the fed res created?

 

[Scientific Playa]

lol...that's not research bruh. That's just reading links to a made-up bullshyt conspiracy book that's become legend in the lore of crackpots, and believing in it like a child believes in Santa Claus. Eustace Mullins was a white supremacist Jew-hating Hitler supporter who worked for Joseph McCarthy, by the way.

Mullins sat in the Library of Congress for umpteen years, plowed through thousands of pages of books and documents and doesn't get credit for his research efforts?
I guess you know that Hitler was financed by Prescott Bush and the Rothschild banking family which also happens to be Jewish.

 

[Scientific Playa]

ALL WARS ARE BANKERS' WARS!


By Michael Rivero

http://whatreallyhappened.com/WRHARTICLES/allwarsarebankerwars.php

 

[Dusty Bake Activate]

Mullins sat in the Library of Congress for umpteen years, plowed through thousands of pages of books and documents and doesn't get credit for his research efforts?
I guess you know that Hitler was financed by Prescott Bush and the Rothschild banking family which also happens to be Jewish.

Umpteen years lol? He was at at the library of Congress for 2 years before he got canned. There are thousands of people who work at researchers at the Library of Congress. Should we believe every word they say too, or should we just believe the one person who says stuff that supports your pre-conceived inclinations?

But you're free to believe in white supremacist Hitler-admiring McCarthyites, though.

 

[Scientific Playa]

Umpteen years lol? He was at at the library of Congress for 2 years before he got canned. There are thousands of people who work at researchers at the Library of Congress. Should we believe every word they say too, or should we just believe the one person who says stuff that supports your pre-conceived inclinations?

Just believe that the U.S. is in debt to the tune of $17 trillion federal reserve notes to the private bankers that own the Fed when it could be issuing its own currency debt-free.

Mullins continued his research after he got sacked by the power brokers.

 

[TheReal_Broke_88m3_13]

look forward to having this same conversation, October 2014

 

[Dusty Bake Activate]

Just believe that the U.S. is in debt to the tune of $17 trillion federal reserve notes to private bankers that own the Fed.

Mullins continued his research after he got sacked by the power brokers.

We're not in debt to the Fed. Here's a breakdown of our national debt. http://useconomy.about.com/od/monetarypolicy/f/Who-Owns-US-National-Debt.htm

 

[Scientific Playa]

We're not in debt to the Fed. Here's a breakdown of our national debt. http://useconomy.about.com/od/monetarypolicy/f/Who-Owns-US-National-Debt.htm

Those secret offshore accounts in the Caymans/Caribbean are counterfeit Fed bond accounts that keep the ponzi scheme going. And Fed and central bankers are interchangeable for purposes of this discussion.

MAJOR FOREIGN HOLDERS OF TREASURY SECURITIES
(in billions of dollars)
HOLDINGS 1/ AT END OF PERIOD
http://www.treasury.gov/resource-center/data-chart-center/tic/Documents/mfh.txt

 

[Blackking]

The United States Federal Reserve has set a new record, but it’s not one exactly worth celebrating. For the first time ever, the Fed is carrying more than $2 trillion in US debt.

According to the Fed’s latest weekly account, the central bank currently is holding roughly $2,001,093,000,000 in US Treasury securities.

That statistic, first reported by CNS News, was published by the Fed on August 14. One week earlier, the bank reported that it amount of federal debt it carried totaled only $1,993,375,000,000.

By comparison, the amount of federal debt held by the bank since the start of 2009 and the administration of US President Barack Obama has more than quadrupled. On Dec. 31, 2008 that statistic was less consisted of less than a half-trillion in Treasury securities, but efforts undertaken by the Fed to revive the economy — so called “quantitative easing” — have instead left the bank to bear record amounts of national debt.

China, the second place holder with regards to US debt, was owed $1.2758 trillion by the US as of late June. CNS News reported that only 16.7 percent of the government’s debt is being held by the Fed, and that an additional $5.6 trillion — including the amount held in China — is owned by foreign entities.

Also this week, the Fed announced the results of a study launched to identify any stresses that could cause another economic collapse like what was seen after the 2008 financial crisis.

"A key lesson from the recent financial crisis is that many financial companies simply failed to adequately identify the potential exposures and risks stemming from their firm-wide activities....," the Fed determined. "But more importantly, many companies failed to consider the full scale and scope of exposures, and to analyze how the size and risk characteristics of their exposures and business activities might evolve as economic and market conditions changed."

Commenting on the latest numbers, Reason’s Ed Krayewski wrote, “Since the financial crisis of 2008, the Federal Reserve has filled its balance sheet with private assets and public debt through instruments like quantitative easing, and the totals are adding up.”

Taking into account all debts, the US is said to be in the hole to the amount of $16.9 trillion. University of California, San Diego economics professor James Hamilton has laid other claims as of late, though, going on record recently to estimate the real debt owed by the US is closer to a staggering $70 trillion.

“The biggest off-balance-sheet liabilities come from recognition of the fiscal stress that will come in the form of an aging population and rising medical expenditures,” Hamilton told Fox News, adding, “It is worth noting that there are many historical episodes in which off-balance sheet liabilities ended up having quite significant on-balance sheet implications.”

Meanwhile, President Obama is reportedly working alongside banking regulators to issue a status report on the upcoming five-year anniversary of the 2008 financial collapse.

 

[Dusty Bake Activate]

look forward to having this same conversation, October 2014

lol...I just think it's both and yet that these people still don't understand the JFK/E.O. 11110 thing no matter how many times I try to explain it and provide links to the order itself (http://www.presidency.ucsb.edu/ws/index.php?pid=59049&st=&st1=#axzz2iDr3U4rm) and even newspaper articles from 1963 explaining what it was (http://news.google.com/newspapers?id=-q8fAAAAIBAJ&sjid=LdcEAAAAIBAJ&pg=2964,4612588).

One more time...JFK never set out to end or limit the Fed's currency issuing powers and said or did nothing that would indicate such. E.O. 11110 had zero to do with limiting the Fed's currency issuing powers. What E.O. 11110 did do was amend a previous E.O he passed in 1961, E.O. 10289, in which JFK halted silver sales in order to replace them federal reserve notes.

E.O. 11110 was JFK modifying E.O. 10289 to allow the President to put into circulation a finite amount of silver certificates, which he did because there was an uptick of economic activity and demand for silver, mostly for small denomination currency a.k.a. your pocket change.

And why did he have to do this? BECAUSE HE PREVIOUSLY REPEALED THE SILVER PURCHASE ACT, WHICH EFFECTIVELY ENDED THE TREASURY'S POWER TO ISSUE SILVER CERTIFICATES.

That's what's so mind-numbingly stupid about what the JFK/Fed conspiracy nuts are saying. He literally did the opposite of what they're claiming. He implemented a plan to decrease silver certificates in circulation and replace them federal reserve notes, devaluing silver. And it worked. The Treasury immediately put out small denomination currency, and within a year, they stopped putting out silver certificates altogether.

And this is what JFK said about it.

I again urge a revision in our silver policy to reflect the status of silver as a metal for which there is an expanding industrial demand. Except for its use in coins, silver serves no useful monetary function.

In 1961, at my direction, sales of silver were suspended by the Secretary of the Treasury. As further steps, I recommend repeal of those Acts that oblige the Treasury to support the price of silver; and repeal of the special 50-percent tax on transfers of interest in silver and authorization for the Federal Reserve System to issue notes in denominations of $1, so as to make possible the gradual withdrawal of silver certificates from circulation and the use of the silver thus released for coinage purposes. I urge the Congress to take prompt action on these recommended changes.

It's so crazy that thekingsmen and crew don't even realize that JFK's whole plan was to the strengthen the Fed's currency powers and render silver as a currency obsolete.

Argue that something is the polar opposite of what it really is brehs.