The Federal Reserve Transparency Act.

To most people, it seems, it is not understood that the Federal Reserve is a privately owned organization, creating money out of nothing, AND THAT THE EUROPEAN CENTRAL BANK IS A "COPY" OF THE Federal Reserve... OWNED AND OPERATED BY THE VERY SAME BANKERS WHO OWN AND OPERATE THE Federal Reserve


Ron Paul introduced bill H.R. 1207 on February 26, 2009 with the following speech to Congress:

Madame Speaker,

I rise to introduce the Federal Reserve Transparency Act. Throughout its nearly 100-year history, the Federal Reserve has presided over the near-complete destruction of the United States dollar. Since 1913 the dollar has lost over 95% of its purchasing power, aided and abetted by the Federal Reserve’s loose monetary policy. How long will we as a Congress stand idly by while hard-working Americans see their savings eaten away by inflation? Only big-spending politicians and politically favored bankers benefit from inflation.

Serious discussion of proposals to oversee the Federal Reserve is long overdue. I have been a longtime proponent of more effective oversight and auditing of the Fed, but I was far from the first Congressman to advocate these types of proposals. Esteemed former members of the Banking Committee such as Chairmen Wright Patman and Henry B. Gonzales were outspoken critics of the Fed and its lack of transparency.

Since its inception, the Federal Reserve has always operated in the shadows, without sufficient scrutiny or oversight of its operations. While the conventional excuse is that this is intended to reduce the Fed’s susceptibility to political pressures, the reality is that the Fed acts as a foil for the government. Whenever you question the Fed about the strength of the dollar, they will refer you to the Treasury, and vice versa. The Federal Reserve has, on the one hand, many of the privileges of government agencies, while retaining benefits of private organizations, such as being insulated from Freedom of Information Act requests.

The Federal Reserve can enter into agreements with foreign central banks and foreign governments, and the GAO is prohibited from auditing or even seeing these agreements. Why should a government-established agency, whose police force has federal law enforcement powers, and whose notes have legal tender status in this country, be allowed to enter into agreements with foreign powers and foreign banking institutions with no oversight? Particularly when hundreds of billions of dollars of currency swaps have been announced and implemented, the Fed’s negotiations with the European Central Bank, the Bank of International Settlements, and other institutions should face increased scrutiny, most especially because of their significant effect on foreign policy. If the State Department were able to do this, it would be characterized as a rogue agency and brought to heel, and if a private individual did this he might face prosecution under the Logan Act, yet the Fed avoids both fates.

More importantly, the Fed’s funding facilities and its agreements with the Treasury should be reviewed. The Treasury’s supplementary financing accounts that fund Fed facilities allow the Treasury to funnel money to Wall Street without GAO or Congressional oversight. Additional funding facilities, such as the Primary Dealer Credit Facility and the Term Securities Lending Facility, allow the Fed to keep financial asset prices artificially inflated and subsidize poorly performing financial firms.

The Federal Reserve Transparency Act would eliminate restrictions on GAO audits of the Federal Reserve and open Fed operations to enhanced scrutiny. We hear officials constantly lauding the benefits of transparency and especially bemoaning the opacity of the Fed, its monetary policy, and its funding facilities. By opening all Fed operations to a GAO audit and calling for such an audit to be completed by the end of 2010, the Federal Reserve Transparency Act would achieve much-needed transparency of the Federal Reserve. I urge my colleagues to support this bill.

___________________ Having read this far, please consider the following:

In 1838, Amschel Mayer Rothschild (1773-1855 : "Permit me to issue and control the money of a nation, and I care not who makes its laws.... and that is of course what the FED and the ECB is all about. The people who control the money... who have the right to produce money "out of thin air"... they control everything.

Ron Paul's bill to audit the Federal Reserve (HR 1207), has at present -11th May 2010- received 319 co-sponsors in the House and 32 in the Senate, and the numbers keep growing!" The latest update, as of May 11. 2010, with comprehensive information around the development on this most important matter is found HERE

But Dr. Ron Paul is not the first person to challenge the FED!

On June 4, 1963, a little known attempt was made to strip the Federal Reserve Bank of its power to loan money to the government at interest. On that day President John F. Kennedy signed Executive Order No. 11110 that returned to the U.S. government the power to issue currency, without going through the Federal Reserve. Read the full story HERE

“The high office of the President has been used to foment a plot to destroy the American's freedom and before I leave office, I must inform the citizens of this plight.” — President John Fitzgerald Kennedy - In a speech made to Columbia University on Nov. 12, 1963, ... hmmm?... ten days before his assassination!
Dr. Ron Paul is indeed a most courageous man...

From Bernard Madoff and other Zionist crooks, to 9/11 and the Banksters

When the Madoff scam started to surface, I immediately said (after checking up on who this man is), "They did it again". The fact that he has been able to rob investors out of more than 50 Billion USD (50.000.000.000,-) means that he has very powerful friends and helping hands within all aspects of the financial world. And, by they, I mean to say the cobweb of Zionist criminals who control most, if not all of the banking/financial activity around the world... and thereby the world at large.

For anyone interested in an in depth analyzes of the astronomical theft carried out by the Zionists this time, I would recommend the page of Christopher Bollyn. He has done an amazing job in digging out some mindboggling links between Mr. Madoff and other Zionist criminals. Links which take you to Israel, to Lehman Brothers, to the 9/11 and to the Zionist world at large.

Well then, like old Confucius said, -"Nothing just happens...." and Mr Bollyn has indeed understood that fully. However, this does of course give raise to worries about how long this courageous gentleman will survive, literally speaking!

The total and absolute ignorance displayed, once again, by the Zionist state of Israel, with their last horrible and inhuman genocide against the Palestine people of Gaza, does indeed give food for such worries. Likewise the fact that the US President, Obama, recently announced further double digit billions of dollars in military aid to Israel.

Hmmm?... can there be any doubt whatsoever, about who the "shadow government" (the real government that is) of the US of A are? Scary!

A most comprehensive write-up on the Madoff is also found here. Just incredible! But even more incredible is it to learn that Congress says they will start looking into the Bernard Madoff scandal. Hmmm? The guy who made $50 Billion disappear is being investigated by the people who made $1.5 Trillion disappear! You gotta be kidding!

Financial Crisis and Bailouts

Have you ever wondered about how the financial crisis actually came around? Well, if you have and would like to know, have a look at the video found HERE
You might not fully grab the financial acrobatic performed by these Wall Street brokers the first time you run the video, but then, run it again. Then, once you have got at clear picture of it all, you will realize that the financial havoc in which our world is today, is due to the biggest scam of all times. (In my opinion surpassing, WWI,WWII,Vietnam and Iraq.)

A theft carried out by clever brokers. Brokers who are the criminal minded willing conscripts, who, on behalf of their management, have carried out the criminal act which has ruined thousands of people, and sent the whole world into a very serious financial crisis.

To me, living in Europe, it is incredible to watch our politicians, who, like the "yes-we-can" guy in the US of A, are robbing the people out of their money once more with the bail-outs! And, not only do they steal billions from the present and future generations, but they give it to the financial institutions who planned and carried out the scam!... who to top it all, pay out enormous bonuses to themselves and their criminal brokers, from the bail-outs received. Incredible.

Insanity!

The only reason for the political finance crime now taking place, the way I see it, is that the political scumbags have been in on the scam from the very beginning, and that they still are on the take by the bankers.

In Germany, where I have a home, there is hardly any bank at all, which does not have one or more politicians on their Board of Directors, and which indeed might explains what has taken place in the past, and what takes place today. (However, it is more likely than not, that most politicians are incapable of understanding finance and banking, and hence they are unable to comprehend what was and what is going on, but that cannot serve them as an excuse in any way whatsoever.)

Well, the financial mess the bankers and the brokers have created, brings to my mind some words by the brilliant German sociologist, Max Weber, -"Politicians are only politician for personal advantages and/or personal profit." And to those wise words, some words by Woody Guthrie -in one of his songs- where he says, -"Some will rob you with a six-gun, and some with a fountain pen."

Anyway, it is nothing but mind-boggling, to observe that the guys who planned and orchestrated the scam, are able to get away with a criminal act of this magnitude! And, not only are they walking away free and allowed to keep what they have looted, but they are also r e w a r d e d by our politicians, with billions of our euros and dollars!

Orwell's world seems indeed to be closing in on us, very rapidly.

The reason why?

Zbigniew Brzezinski has recently warned about possible public riots should the world economy worsen. -"There’s going to be growing conflict between the classes and if people are unemployed and really hurting, hell, there could be even riots!", he is claimed to have said in a recent interview. Hmmm?

Well, I have been thinking about WHY the International Bankers have created the grave financial crisis we are now entering , some 80. years after the last big one they orchestrated.

They have produced the fiat US dollar out of nothing ever since 1913, and with the astronomical fortune they have amassed since then, profit alone can hardly be the motive. The outlook to be allowed to print and issue a few hundred billions more, as bailouts, paid for by the people, to bank and finance institutions (which they themselves are the owners of) can hardly be their motive.

If you in reality own every USD in the world, and having a new counterfeit operation set up with their "€" thru the European Central Bank, more money can hardly be their motive... but what about power?

OK, they control the money, and then in reality they control it all, as can be seen by the way politicians in the USA and the EU are functioning as their puppets and willing conscripts. BUT!?... how about absolute power in the form of military dictatorships? Are we not observing the steps leading to this?

1. Scare the hell out of people with a few false flag terror operation, and make people virtually beg for more surveillance and reduced individual and political freedom.
2. Arrange for a grave financial crisis, leading to a high unemployment rate, while at the same time; pay out huge bonuses to people in banks and finance institutions. To the willing conscripts who have physically carried out the scams leading to the finance crisis that is.
3. Let the people carry the responsibility AND to pay for all the mismanagement which was leading up to the crisis.
4. The situation which has been created, will eventually result in social unrest and wild riots, which will call for martial law to be applied. The way has then been paved for all individual and political freedom to be totally revoked.
5. Military dictatorship has been achieved.... just like GWB dreamed of. The NWO has finally become a reality.
(6). And then, if 5. should not work out quite as planned, they do of course have the war option. People have been brainwashed over years about Iran being THE danger to the world. Hence, an adequate false flag operation will do the trick of starting WWIII. The scumbags have after all lots of experience with such operations.:-)