The Federal Reserve Banking Cartel

End the Federal Reserve Banking Cartel

The United States Constitution Article 1 Section 8:  “The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;

To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;”

The United States Constitution Article 1 Section 10:  “[No State] shall make any Thing but gold and silver Coin a Tender in Payment of Debts.”

However, the Federal Reserve Bank still operates.  It is not a government agency; it is a private corporation, with no actual reserves.  In fact, the Federal Reserve Bank is not even a Bank, but a corporation owned by its member banks with the purpose of OVERSEEING the transactions of said banks.  They create money out of nothing, lending paper Reserve Notes at interest to the United States Government, controlling the nation’s inflation rates, debts, and interest rates without being questioned. 

Since its inception in 1913, the Federal Reserve Bank has NEVER been audited and doesn’t pay income tax on the billions of dollars the US Government pays the Reserve, most of which comes directly from the income taxes of the American people, who borrowed the money in the first place from member banks. 

 Keep in mind that the total U.S. National debt has recently passed the $10 trillion mark, while there is only approximately $829 Billion in circulation in the economy, most of which is held outside the country, according to the Federal Reserve itself.  According to Congressional record, the US Government can buy back the Federal Reserve for $450 million, which is about half of what the U.S. Government pays them daily.

 "If the American People allow private banks to     

control the issuance 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 their Property until their

Children will wake up homeless on the continent

their Fathers conquered." - Thomas Jefferson

In 1836 President Andrew Jackson closed the preceding Central Bank, commenting, 

"The bold efforts the present bank had made to control the government are but premonitions of the fate that await the American people should they be deluded into a perpetuation of this institution

or the establishment of another like it."

For more information visit: 

endthefed.us; zeitgeistmovie.com (watch the Addendum, free online); watch for Ron Paul, Dennis Kucinich, and Mike Gravel, some of the few politicians who see the Federal Reserve for what it really is.  You can find plenty of videos on youtube.

Support HR 2755

Introduced into Congress by Ron Paul Over a Year Ago

To Abolish the Federal Reserve

 Write to Your Local Congressman