The Federal Reservoir: No Fishing Allowed
By James T. Moore (08/25/07)
Some things in life are all but unfathomable. When asked if it were true that only three people in the world understood Einstein's Theory of Relativity, renowned scientist Arthur Eddington casually replied, "I wonder who the third person is?"
It has often been said that the only way to even minimally understand how America’s monetary system works you would have to have a mind like Alan Greenspan, or John Maynard Keynes, or maybe Groucho Marx. The fact is, America’s monetary system is so obtuse that if you asked a thousand people what it was, only one person might correctly say The Federal Reserve System, but he would be hard put to describe it, or how it works.
And yet, what the Federal Reserve System is, and how it works, is quite simple in concept and easy to explain. But understanding it is quite another thing. So we, therefore, go on our way, not giving it much thought; never knowing or caring how the system is stealing each of us blind and threatening the stability of our nation; or that we are living in a controlled economic system ruled by elites; while we, the masses, pay the bills; and all through our lives suffer what economist Don J. Grundmann has called “the biggest financial crime in the history of the United States.”
The Federal Reservoir is the name I give the Federal Reserve because the money that goes down this hole is money we will never get back---and the crime is that it’s OUR money. Yours and mine. And because the “reservoir” allows no “fishing”, people find the Fed difficult to investigate and next to impossible to question the actions it takes.
Nevertheless, learning how the Federal Reserve works is the duty and the responsibility of every American citizen if you expect to keep the fruits of your labor and not be sucked in any longer by this banking fraud that has been holding Americans hostage for nearly a century.
First of all, know this: There is a right way and a wrong way to fund a nation.
The Right Way: Our nation was founded on the principle that government issues money to the people INTEREST FREE, based on the authority of the Constitution. INTEREST FREE money, known as “United States Notes” is circulated among the people to develop the commerce of the nation. Government is paid back the money through legitimate taxes specified in the Constitution. In short, the money goes from the government straight to the people. No middle anybody.
The Wrong Way: Our government has, unconstitutionally, given its money making authority to a Private Bank. The government then borrows the money from the private bank which CHARGES INTEREST on the money. This money is called “Federal Reserve Notes” and are what you carry and use. You will never carry “United States Notes” because the Federal Reserve is a private bank which now controls the issuance of the money in our nation. In short, there is a “middle man”--- money goes from the private bank---to the government---then to the people.
The financial policy of America does not serve the interest of our people. It serves the interests of the private and unaccountable bank that enslaves us as it drains off the resources of the nation AS ITS PROFIT for allowing us to use the fiat money which was created out of nothing. Did you get that? The private bank (Federal Reserve) charges our government interest for the privilege of loaning us our own money---money which they CREATED OUT OF NOTHING.
Woodrow Wilson, 28th President of the United States, was instrumental in passage of several bills, among which was the Federal Reserve Act, which gave control of America's financial stability and well-being to the bankers.
One may speculate as to why Wilson approved the 1913 Federal Reserve Act, when a few years later he said: “I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by a system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the completely controlled and dominated governments in the civilized world---no longer a government by free option, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men.”
President Woodrow Wilson’s words of regret notwithstanding, we continue to sink deeper and deep into the financial hell of the "Federal Reservoir."
You may be wondering if there is a way to free our money, and our country, from the profiteering private bankers of the Federal Reserve System. Probably, but you'd need an Einstein mind to see it.
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