ARTICLE 1, SECTION 8 OF THE CONSTITUTION STATES THAT CONGRESS SHALL HAVE THE POWER TO COIN (CREATE) MONEY AND REGULATE THE VALUE THEREOF. IN 1935 THE SUPREME COURT RULED THAT CONGRESS CANNOT CONSTITUTIONALLY DELEGATE ITS POWER TO ANOTHER GROUP.
So why do we have the Federal Reserve creating money out of thin air? In 1913, before the Senate Banking and Currency Committee, Mr. Alexander stated: “But the whole scheme of a Federal Reserve Bank with its commercial-paper basis is an impractical, cumbersome machinery, is simply a cover, to find a way to secure the privilege of issuing money and to evade payment of as much tax upon circulation as possible, and then control the issue and maintain, instead of reduce, interest rates. It is a system that, if inaugurated, will prove to the advantage of the few and the detriment of the people of the United States. It will mean continued shortage of actual money and further extension of credits; for when there is a lack of real money people have to borrow credit to their cost.” Also, one should also note the Federal Reserve it NOT federal, but privately owned! How did it happen? After previous attempts to push the Federal Reserve Act through Congress, a
group of bankers funded and staffed Woodrow Wilson’s campaign for President. He had committed to sign this act. In 1913, a Senator, Nelson Aldrich, maternal grandfather to the Rockefellers, pushed the Federal Reserve Act through Congress just before Christmas when much of Congress was on vacation. When elected, Wilson passed the FED. Later, Wilson remorsefully replied (referring to the FED), “I have unwittingly ruined my country”. Now the banks financially back their candidates, and not surprisingly, most of these candidates are elected. The bankers employ members of the Congress with lucrative salaries. Additionally, the FED started buying up the media in the 1930s and now owns or significantly influences most of it.
The FED, which is a privately owned company, controls and profits by printing money through the Treasury, and regulating its value. The FED began with approximately 300 people or banks that became owners (stockholders purchasing stock at $100 per share – the stock is not publicly traded) in the Federal Reserve Banking System. They make up an international banking cartel of wealth beyond comparison. The FED banking system collects billions of dollars in interest annually and distributes the profits to its shareholders. The Congress illegally gave the FED the right to print money (through the Treasury) at no interest to the FED. The FED creates money from nothing, and loans it back to us through banks, and charges interest on our currency. The FED also buys Government debt with money printed on a printing press and charges U.S.
taxpayers interest. Many Congressmen and Presidents say this is fraud, and it is, If we do it we would be in jail.
Presidents Lincoln, Jackson, and Kennedy tried to stop this family of bankers by printing U.S. dollars without charging
the taxpayers interest. These are a few quotes from those that knew federal reserve banking was a treat to are liberty and freedoms:
1.” From now on, depressions will be scientifically created.” —Congressman Charles A. Lindbergh Sr. 1913
2.“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, ten days before his assassination.
3. “If the American people ever allow private banks to control the issue of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their fathers conquered.” —Thomas Jefferson (1816)
4. “Government spending is always a “tax” burden on the American people and is never equally or
fairly distributed. The poor and low-middle income workers always suffer the most from the deceitful tax of inflation and borrowing.” —Congressman Ron Paul
5. “You are a den of vipers! I intend to rout you out, and by the Eternal God I will rout you out. If the
people only understood the rank injustice of our money and banking system, there would be a revolution before morning.” —U.S. President Andrew Jackson (1829-1837
Congressman Wright Patman was Chairman of the House of Representatives Committee on Banking and Currency for 40 years. For 20 of those years, he introduced legislation to repeal the Federal Reserve Banking Act of 1913. Congressman Henry Gonzales, Chairman of a banking committee, introduces legislation to repeal the Federal Reserve Banking Act of 1913 nearly every year. It’s always defeated, the media remains silent, and the public never learns the truth. The
same bankers who own the FED control the media and give huge political contributions to their brought and paid for members of Congress that we( casting our vote therefore creating a spell on ourselves) keep voting back in.
THE FED FEARS THE POPULATION WILL BECOME AWARE OF THIS FRAUD AND DEMAND CHANGE. We, the People, are at fault for being passive and allowing crap to continue to happen!
Who Owns the FED?
1. Rothschild Bank of London
2. Warburg Bank of Hamburg
3. Rothschild Bank of Berlin
4. Lehman Brothers of New York
5. Lazard Brothers of Paris
6. Kuhn Loeb Bank of New York
7. Israel Moses Seif Banks of Italy
8. Goldman, Sachs of New York
9. Warburg Bank of Amsterdam
10. Chase Manhattan Bank of New York
These bankers are connected to London Banking Houses which ultimately control the FED. When
England lost the Revolutionary War with America they planned to
control us by controlling our banking system, the printing of our money and debt. The individuals listed below owned banks which in turn owned shares in the FED. The banks listed below have significant control over the New York FED District, which controls the other 11 FED Districts. These banks also are partly foreign owned and control the New York FED District Bank.
1. First National Bank of New York
2. James Stillman
3. National City Bank, New York
4. Mary W. Harnman
5. National Bank of Commerce, New York
6. A.D. Jiullard
7. Hanover National Bank, New York
8. Jacob Schiff
9. Chase National Bank, New York
10.Thomas F. Ryan
11. Paul Warburg
12. William Rockefeller
13. Levi P. Morton
14. M.T. Pyne
15. George F. Baker
16. Percy Pyne
17. Mrs. G.F. St. George
18. Katherine St. George
19. H.P. Davidson
20. J.P. Morgan (Equitable Life/Mutual Life)
21. Edith Brevour T. Bake
22. J.W. Sterling
How to Return Power Back to the People?
Abolish the FED is one option. Expose their fraud and demand change. Stop electing officials that serve the interest of the Federal Reserve. 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 our money instead of the 300 original shareholders of the FED. The
$4 trillion of U.S. debt could be exchanged 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 we bought back the FED and therefore, the economy would expand. This could also end the IRS which are goons for the Federal Reserve Cartel. Start saving in gold and silver, which is legal tender. Some states even got gold currency called Goldbacks.
Bankers are now pushing for a one world government and a cashless society. Why cashless? No cash means no money for drugs, no theft, and the ability to collect taxes on the underground economy. Anyone who wouldn’t support a cashless society must be a drug dealer, thief, or tax evader, right? What a cashless society really means is the banks can
now control you. Today you fear the IRS. In a cashless society, if you disagree with the bankers’
political goals, you’ll find your money gone via computer error. I believe this why they are pushing cryptocurrency so much.
America is a great nation. As “We the People” become informed, the media and Congress will be forced to buy back the FED, balance the budget, significantly cut taxes, and stop allowing bribes to determine voting strategies. I have already heard from politicians who claim they will change their platform to include abolishing the FED if enough people become informed. IT IS UP TO US TO INFORM THE PEOPLE.
3 WAYS TO ABOLISH THE FED AND ISSUE MONEY PER THE UNITED STATES
CONSTITUTION, ARTICLE 1, SECTION 8:
1. Buy back the FED and have the U.S. Government collect all profits.
2. Abolish the FED by printing real U.S. dollars as President Kennedy attempted (Executive Order
11.110, 1963).
3. Request your county/state to use their Constitutional powers to abolish the FED. This is the
BEST SOLUTION. Nearly half the states are attempting or considering this action. Congress has had 80 years to follow the Constitution, and has refused to abolish the illegal FED. The state/county effort is working faster than any other method. We need your support to start a local chapter of FED-UP Inc. and petition your county. We believe here at Sherlocks Gold, Goldbacks will be the answer or at least a start to ending the FED. A few states already have taken action but we need more. We the people need to do our part in ending the FED and getting our lives back.