Monday, September 26, 2005

Who Owns The Fed?

You know about the Federal Reserve Bank, don’t you? You know, “the Fed” that raises (or lowers) interest rates every once in a while. The Famous Maestro of Money, Alan Greenspan, goes on TV and bores everyone with phrases filled with hidden meaning. You probably thought the Federal Reserve Bank was a Federal agency of some kind, right?

Wrong.

Peter Kershaw provides the answer in Economic Solutions where he lists the ten primary shareholders in the Federal Reserve banking system:

The Rothschild Family – London
The Rothschild Family – Berlin
The Lazard Brothers – Paris
Israel Seiff – Italy
Kuhn-Loeb Company – Germany
The Warburgs – Amsterdam
The Warburgs - Hamburg
Lehman Brothers - New York
Goldman & Sachs - New York
The Rockefeller Family - New York

So these guys are controlling the printing of all of these excess dollars (backed by nothing) thereby causing the devaluation of our currency, and controlling the interest rates?

In fact, it’s even worse than that. These people have been very prolific over the decades and their grandchildren and great-grandchildren are now all over the place and in particular all over the Board of Directors of many major corporations.

This is a fraud so pervasive it amazes even me, and I’ve grown jaded over the years. Read on if you dare….

And to finish off your descent into despair, from the Mogambo Guru,

“So, what is the bad news? Well, first off, the official government number is that annual inflation has averaged - and I hope you have a safety helmet on when you hear this - 4.71 percent since 1968!

This is, in historical context, so horrifically bad that is ranks as one of the longest and worst episodes of inflationary misery in our history. After the paramedics have restarted your heart, tell them to stand by, because next you are going to learn that the Freebuck.com people show, and quite easily, too, that inflation is really running at 5.96 percent.

That six percent inflation is, coincidentally, less than the real, wallet-busting, prices-you-pay type of inflation that is roaring right freaking now! Actually, true inflation is somewhere between 7 percent and 11 percent, as far as I can tell, and I get that from looking at the checks I have to write every damned month. It is the worst in decades, judging by the number of tears that I shed while paying those bills."

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