ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

The Federal Reserve is NOT Owned by the Federal Government - You SHOULD care!

Updated on January 26, 2014

The Federal Reserve Answers to No One!

Straight from the Mouth of Former Federal Reserve Chairman Alan Greenspan

“Well first of all the Federal Reserve is an independent agency, and that means basically that a there is no other agency of Government that can overrule actions that we take. So long as that is in place and there is no evidence that the Administration or the Congress or anybody else is requesting that we do things other than we think is the appropriate thing, then what the relationships are don’t frankly matter”

What this means is the Federal Government does not control or influence Monetary Policy in any way. Your very future is in the hands of Private Bankers who act solely on self interests which increases their wealth. We are not very far off from the day when these Private Bankers will own not just the United States Assets, but all the assets of the World.

The President of the United States CAN NOT force the the Federal Reserve to do anything, neither can Congress... or anyone else!

Former Federal Reserve Chairman Alan Greenspan

Greenspan forcefully states a simple truth - The Federal Reserve Sets Policy and is ABOVE THE LAW!
Greenspan forcefully states a simple truth - The Federal Reserve Sets Policy and is ABOVE THE LAW!

Private Bankers Legally Stealing Americas Wealth

The vast majority of people do not own their homes, banks do. If you borrow money at 6% Fixed rate to “purchase” a home valued at $100,000 on a 30 year note you will pay $216,000 for your home. At any point along the way that you can not pay the Bank has the legal right to simply take your home. The same is true of ANY purchase made on Credit. Why do we have credit? Because of the Fractional Reserve Banking System and the Federal Reserve.

Now you might be thinking yes, but I can not just pay cash for my Home. And the answer to that question is simple. You can not pay cash for your Home because the Federal Reserve Act, plus the removal of the Gold Standard, and Fractional Reserve Banking has driven costs so high that one must borrow. This is by design. Borrowing makes you a slave to the system. The cost of homes is so high because of the System, not because of the value.

The Federal Reserve feeds themselves. At what point do we as people wise up to the scam? Should we need to push our money around in a wheelbarrow to purchase a loaf of bread because of inflation?


The Corruption of Alan Greenspan

The Federal Reserve is NOT the Government as so clearly stated by Alan Greenspan. And Alan Greenspan knows the consequences of a debt based society, he argued against it… then he was “brought on board” and bought out by the Banking Elite. This is the very definition of corruption in action.

Alan Greenspan was the Federal Reserve Chairman Prior to Ben Bernanke. Greenspan served as Fed Chairman from 1987-2006. He was and still is the Bankers Buddy. His influence on the American Monetary system did nothing to increase the prosperity of Americans. In short, he is a sell out and a fraud.

By His Own definition Greenspan is a Complete and Total Failure

“The true measure of a career is to be able to be content, even proud, that you succeeded through your own endeavors without leaving a trail of casualties in your wake.”

In 1967 Alan Greenspan Argued FOR the Gold Standard

In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold. If everyone decided, for example, to convert all his bank deposits to silver or copper or any other good, and thereafter declined to accept checks as payment for goods, bank deposits would lose their purchasing power and government-created bank credit would be worthless as a claim on goods. The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves.

This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard.

One 1 out of 15 – This is the Man We Trust Running Our Country?

“The Fact that our economical models at The Fed, the best in the world, have been wrong for fourteen straight quarters, does not mean they will not be right in the fifteenth quarter” - Alan Greenspan

Where is the logic in that statement? How many times does one have to be completely and utterly wrong before the law of averages gives them a “right”? If “The Fed” is the best in the world, the whole world is in serious, serious trouble. But anyone who understand how Central Banks work already knows this… the problem is educating the masses so they can make informed decisions about who to elect to implement real sustainable prosperity for Americans.

Greenspan was a Revolutionary Forecaster – Except he was Usually Wrong

"Even though some down payments are borrowed, it would take a large, and historically most unusual, fall in home prices to wipe out a significant part of home equity. Many of those who purchased their residence more than a year ago have equity buffers in their homes adequate to withstand any price decline other than a very deep one." -- October 2004

If the Federal Reserve “Leadership” Can’t Steer the Ship in Good Times Then What?

You already know the answer - The Federal Reserve does not act in the interest of Americans and must go. Clearly the entire Federal Reserve is a failure. The very people who have claimed since 1913 that we MUST have a Central Bank to avoid disaster have nearly always been wrong. Why? Because they create the disaster through their own misguided policy.

The Federal Reserve MUST Go!


Submit a Comment

No comments yet.