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Old 05-09-2008, 04:26 AM   #69 (permalink)
youcanhandlethetruth
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Quote:
Originally Posted by gc View Post
I heard this... but I never saw proof. Perhaps you can show it to me.... I have an open mind on this one.
Well without those financial records of the fed and the private banks, "proof" is difficult to show on this one.

Some people will argue that anything other than "official" sources is lack of proof (to dispute the official claim that is not private) so you will need to make a judgement as to what and who you believe based on what I will show you.

That said, I recommend the following sources of information:

I recommend you watch these videos first: (subsequent parts in youtube)

Money As Debt

The Money Masters

And this is a very good article which explains quite a lot of the history:

Web of Debt - PUTTING THE FEDERAL BACK IN THE FEDERAL RESERVE

The whole article is very good but here is an excerp:

"Congress and the President have some input in appointing the Federal Reserve Board, but the Board works behind closed doors with the regional bankers, without Congressional oversight or control. Bank CEOs actually sit on the boards of the Fed’s twelve branches. As just one recent example of the private control of public monies, in March of this year the New York Federal Reserve agreed in private weekend negotiations to advance $55 billion of the people’s money so that JPMorgan Chase could buy Bear Stearns at the bargain basement price of $2 a share, down from a high of $156 a share. It was a hostile takeover, not approved by the Bear Stearns shareholders or the American voters. JPMorgan Chase is the bank founded by John Pierpont Morgan, who sponsored the Federal Reserve Act in 1913. Jamie Dimon, the current CEO of JPMorgan Chase, sits on the board of the Federal Reserve Bank of New York, which dominates the twelve Federal Reserve Banks; and he has huge stock holdings in JPMorgan Chase. His participation in the decision to give his bank $55 billion in Federal Reserve loans is the sort of conflict of interest that federal statute makes a criminal offense; but there is no one to prosecute the statute, because the banking lobby is too powerful to be denied. The banking lobby is powerful because private bankers, not the government, create our money and control who gets it. (See Ellen Brown, “The Secret Bailout of JPMorgan,” May 13, 2008, www.webofdebt.com/articles; and “What’s the Difference Between Lehman Brothers and Bear Stearns?”, June 14, 2008, ibid.)
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