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Conspiracies & Cover-ups
Money, Banking and the Fed
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<blockquote data-quote="CaryP" data-source="post: 7334" data-attributes="member: 34"><p><strong>Money, Banking and the Fed</strong></p><p></p><p>I ran across a reported actual phone call with an employee of the Fed Bank of San Francisco. Interesting that all the allegations of the Fed being owned by a private banking cartel were confirmed by the Fed employee. The phone call was made in 2002, so the bills in circulation and the federal debt numbers are low in comparison to today's numbers. I'm thinking about making a phone call to the Fed myself or maybe contact Dan Benham, author of this article, about his call. </p><p> </p><p><a href="http://goldismoney.info/forums/showthread.php?t=3988" target="_blank">A phone call with the Fed</a> </p><p> </p><p> </p><p> </p><p>The Fed has not been audited since the 1950's, and is not subject to oversight by anyone or anything. Some clarification followed the transcription of the phone call. </p><p> </p><p> </p><p> </p><p>So, if this phone call is accurate, you know that Congress and Pres. Wilson gave the assets of the U.S. Treasury (primarily gold and the power to create and regulate money) to the Fed. Reserve, a private corporation, and the "money" we use is not worth the paper it's printed on. One of the things your tax dollars pays for is the interest paid on the federal debt held by the Fed. Reserve. Private banks are making money off of issuing money out of thin air and using that money to buy federal Treasury debt, for which they are paid interest. You are contributing to the profits of an unconstitutional banking cartel. But that's about to change in the not too distant future. </p><p> </p><p>Any thoughts or comments? Anybody outraged yet? </p><p> </p><p>Cary</p></blockquote><p></p>
[QUOTE="CaryP, post: 7334, member: 34"] [b]Money, Banking and the Fed[/b] I ran across a reported actual phone call with an employee of the Fed Bank of San Francisco. Interesting that all the allegations of the Fed being owned by a private banking cartel were confirmed by the Fed employee. The phone call was made in 2002, so the bills in circulation and the federal debt numbers are low in comparison to today's numbers. I'm thinking about making a phone call to the Fed myself or maybe contact Dan Benham, author of this article, about his call. [url=http://goldismoney.info/forums/showthread.php?t=3988]A phone call with the Fed[/url] The Fed has not been audited since the 1950's, and is not subject to oversight by anyone or anything. Some clarification followed the transcription of the phone call. So, if this phone call is accurate, you know that Congress and Pres. Wilson gave the assets of the U.S. Treasury (primarily gold and the power to create and regulate money) to the Fed. Reserve, a private corporation, and the "money" we use is not worth the paper it's printed on. One of the things your tax dollars pays for is the interest paid on the federal debt held by the Fed. Reserve. Private banks are making money off of issuing money out of thin air and using that money to buy federal Treasury debt, for which they are paid interest. You are contributing to the profits of an unconstitutional banking cartel. But that's about to change in the not too distant future. Any thoughts or comments? Anybody outraged yet? Cary [/QUOTE]
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