"The entire taxing and monetary systems are hereby
placed under the U.C.C. (Uniform Commercial Code)."
-- The Federal Tax Lien Act of 1966
"The few who understand the system, will either be so
interested from it's profits or so dependant on it's
favors, that there will be no opposition from that
class."
-- Rothschild Brothers of London, 1863
"Give me control of a nation's money and I care not
who makes it's laws."
-- Mayer Amschel Bauer Rothschild
"Most Americans have no real understanding of the
operation of the international money lenders. The
accounts of the Federal Reserve System have never been
audited. It operates outside the control of Congress
and manipulates the credit of the United States."
-- Sen. Barry Goldwater (Rep. AR)
"Whoever controls the volume of money in any country
is absolute master of all industry and commerce."
-- James A. Garfield, President of the United States
"Banks lend by creating credit. They create the means
of payment out of nothing."
-- Ralph M. Hawtrey, Secretary of the British Treasury
"To expose a 15 Trillion dollar ripoff of the American
people by the stockholders of the 1000 largest
corporations over the last 100 years will be a tall
order of business."
-- Buckminster Fuller
"Every Congressman, every Senator knows precisely what
causes inflation...but can't, [won't] support the
drastic reforms to stop it [repeal of the Federal
Reserve Act] because it could cost him his job."
-- Robert A. Heinlein, Expanded Universe
"It is well that the people of the nation do not
understand our banking and monetary system, for
if they did, I believe there would be a revolution
before tomorrow morning."
-- Henry Ford
"The regional Federal Reserve banks are not government
agencies... but are independent, privately owned and
locally controlled corporations."
-- Lewis vs. United States, 680 F. 2d 1239 9th Circuit
1982
"We have, in this country, one of the most corrupt
institutions the world has ever known. I refer to the
Federal Reserve Board. This evil institution has
impoverished the people of the United States and has
practically bankrupted our government. It has done
this through the corrupt practices of the moneyed
vultures who control it."
-- Congressman Louis T. McFadden in 1932 (Rep. Pa)
"The Federal Reserve banks are one of the most corrupt
institutions the world has ever seen. There is not a
man within the sound of my voice who does not know
that this nation is run by the International bankers."
-- Congressman Louis T. McFadden (Rep. Pa)
"Some people think the Federal Reserve Banks are the
United States government's institutions. They are not
government institutions. They are private credit
monopolies which prey upon the people of the United
States for the benefit of themselves and their foreign
swindlers."
-- Congressional Record 12595-12603 -- Louis T.
McFadden, Chairman of the Committee on Banking and
Currency (12 years) June 10, 1932
"[Every circulating FRN] represents a one dollar debt
to the Federal Reserve system."
-- Money Facts, House Banking and Currency Committee
"...the increase in the assets of the Federal Reserve
banks from 143 million dollars in 1913 to 45 billion
dollars in 1949 went directly to the private
stockholders of the [federal reserve] banks."
-- Eustace Mullins
"As soon as Mr. Roosevelt took office, the Federal
Reserve began to buy government securities at the rate
of ten million dollars a week for 10 weeks, and
created one hundred million dollars in new [checkbook]
currency, which alleviated the critical famine of
money and credit, and the factories started hiring
people again."
-- Eustace Mullins
"Should government refrain from regulation (taxation),
the worthlessness of the money becomes apparent and
the fraud can no longer be concealed."
-- John Maynard Keynes, "Consequences of Peace."
"By this means government may secretly and unobserved,
confiscate the wealth of the people, and not one man
in a million will detect the theft."
-- John Maynard Keynes (the father of 'Keynesian
Economics' which our nation now endures) in his book
"THE ECONOMIC CONSEQUENCES OF THE PEACE" (1920)
"These 12 corporations together cover the whole
country and monopolize and use for private gain every
dollar of the public currency..."
-- Mr. Crozier of Cincinnati, before Senate Banking
and Currency Committee - 1913
"A great industrial nation is controlled by it's
system of credit. Our system of credit is concentrated
in the hands of a few men. We have come to be one of
the worst ruled, one of the most completely controlled
and dominated governments in the world -- no longer a
government of free opinion, no longer a government by
conviction and vote of the majority, but a government
by the opinion and duress of small groups of dominant
men."
-- President Woodrow Wilson
"We are completely dependant on the commercial banks.
Someone has to borrow every dollar we have in
circulation, cash or credit. If the banks create ample
synthetic money we are prosperous; if not, we starve.
We are absolutely without a permanent money system....
It is the most important subject intelligent persons
can investigate and reflect upon. It is so important
that our present civilization may collapse unless it
becomes widely understood and the defects remedied
very soon."
--Robert H. Hamphill, Atlanta Federal Reserve Bank
"The Federal Reserve Banks are not federal
instrumentalities..."
-- Lewis vs. United States, 9th Circuit 1992
"The Federal Reserve banks, while not part of the
government..."
-- United States budget for 1991 and 1992 part 7, page
10
"The Federal Reserve bank buys government bonds
without one penny..."
-- Congressman Wright Patman, Congressional Record,
Sept 30, 1941
"The Federal Reserve system pays the U.S. Treasury
020.60 per thousand notes -- a little over 2 cents
each -- without regard to the face value of the note.
Federal Reserve Notes, incidently, are the only type
of currency now produced for circulation. They are
printed exclusively by the Treasury's Bureau of
Engraving and Printing, and the $20.60 per thousand
price reflects the Bureau's full cost of production.
Federal Reserve Notes are printed in 01, 02, 05, 10,
20, 50, and 100 dollar denominations only; notes of
500, 1000, 5000, and 10,000 denominations were last
printed in 1945."
-- Donald J. Winn, Assistant to the Board of Governors
of the Federal Reserve system
"Neither paper currency nor deposits have value as
commodities, intrinsically, a 'dollar' bill is just
a piece of paper. Deposits are merely book entries."
-- Modern Money Mechanics Workbook, Federal Reserve
Bank of Chicago, 1975
"This [Federal Reserve Act] establishes the most
gigantic trust on earth. When the President [Wilson}
signs this bill, the invisible government of the
monetary power will be legalized.... the worst
legislative crime of the ages is perpetrated by this
banking and currency bill."
-- Charles A. Lindbergh, Sr., 1913
"From now on, depressions will be scientifically
created."
-- Congressman Charles A. Lindbergh Sr., 1913
"The financial system has been turned over to the
Federal Reserve Board. That Board asministers the
finance system by authority of a purely profiteering
group. The system is Private, conducted for the sole
purpose of obtaining the greatest possible profits
from the use of other people's money."
-- Charles A. Lindbergh Sr., 1923
"The [Federal Reserve Act] as it stands seems to me to
open the way to a vast inflation of the currency... I
do not like to think that any law can be passed that
will make it possible to submerge the gold standard in
a flood of irredeemable paper currency."
-- Henry Cabot Lodge Sr., 1913
"When you or I write a check there must be sufficient
funds in out account to cover the check, but when the
Federal Reserve writes a check there is no bank
deposit on which that check is drawn. When the Federal
Reserve writes a check, it is creating money."
-- Putting it simply, Boston Federal Reserve Bank
"There is a distinction between a 'debt discharged'
and a debt 'paid'. When discharged, the debt still
exists though divested of it's charter as a legal
obligation during the operation of the discharge,
something of the original vitality of the debt
continues to exist, which may be transferred, even
though the transferee takes it subject to it's
disability incident to the discharge."
-- Stanek vs. White, 172 Minn.390, 215 N.W. 784
"I have never seen more Senators express discontent
with their jobs.... I think the major cause is that,
deep down in our hearts, we have been accomplices in
doing something terrible and unforgiveable to our
wonderful country. Deep down in our heart, we know
that we have given our children a legacy of
bankruptcy. We have defrauded our country to get
ourselves elected."
-- John Danforth (R-Mo)
"Capital must protect itself in every way...Debts must
be collected and loans and mortgages foreclosed as
soon as possible. When through a process of law the
common people have lost their homes, they will be more
tractable and more easily governed by the strong arm
of the law applied by the central power of leading
financiers. People without homes will not quarrel with
their leaders. This is well known among our principal
men now engaged in forming an imperialism of
capitalism to govern the world. By dividing the people
we can get them to expend their energies in fighting
over questions of no importance to us except as
teachers of the common herd."
-- Taken from the Civil Servants' Year Book, "The
Organizer" January 1934
Founding Father's Quotes on Banking (Maybe some
repeats from "Founding Father's Quotes" / Information
tends to converge)
"I believe that banking institutions are more
dangerous to our liberties than standing armies.
Already they have raised up a monied aristocracy that
has set the government at defiance. The issuing power
(of money) should be taken away from the banks and
restored to the people to whom it properly belongs."
-- Thomas Jefferson
"If Congress has the right [it doesn't] to issue paper
money [currency], it was given to them to be used
by...[the government] and not to be delegated to
individuals or corporations."
-- President Andrew Jackson, Vetoed Bank Bill of 1836
"History records that the money changers have used
every form of abuse, intrigue, deceit, and violent
means possible to maintain their control over
governments by controlling money and it's issuance."
-- James Madison
The politicians are put there to give you the idea that you have freedom of choice. You don’t. . . . You have owners. — George Carlin, The American Dream
