dollars worth of Greenbacks, money that he delegated to be created, a debt-free and interestfree money to finance the War. It served as legal
tender for all debts, public and private. He printed
it, paid it to the soldiers, to the U..S. Civil Service
employees, and bought supplies for the war.
Lincoln was assassinated shortly after the war
and Congress revoked the Greenback Law and
enacted, in its place, the National Banking Act.
The national banks were to be privately owned
and the national bank notes they issued were to
be interest-bearing. The Act also provided that
the Greenbacks should be retired from circulation as soon as they came back to the Treasury
in payment of taxes.
On June 4, 1963, President Kennedy signed a
Presidential decree, Executive Order 11110.
This order virtually stripped the Federal Reserve
Bank of its power to loan money to the United
States Government at interest. President Kennedy declared the privately owned Federal Reserve Bank would soon be out of business. This
order gave the Treasury Department the authority to issue silver certificates against any silver in
the treasury. This executive order still stands
today. In less than five months after signing that
executive order President Kennedy was assassinated on November 22, 1963. The United
States Notes (silver certificates) he had issued
were taken out of circulation immediately.
“Let me issue and control a nation's money,
and I care not who writes its laws"
- Meyer Rothschild
SOURCES
http://www.wtv-zone.com/Mary/
BIGGESTSCAMINHISTORY.HTML
Documentary: The Money Masters
http://video.google.com/videoplay?docid=515319560256183936
History of The United States by J.C. Ridpath Copyright 1891
SUPPORT SOUND MONEY FOR AMERICA!
Rally at the Federal Reserve Bank or Office
nearest you on Saturday, November 22nd.
Visit www.EndTheFed.US for more info
or call 414-256-1307
Contact:
THE FED CAUSED THE CRISIS
END THE FED!
REPEAL THE FEDERAL RESERVE ACT
SOUND MONEY FOR AMERICA
NO MORE BANKER BAILOUTS!
Tell your Congressman and Senator to support
H. R. 2755
Federal Reserve Board Abolition Act
To abolish the Board of Governors of the Federal Reserve System and the Federal reserve banks, to repeal the Federal Reserve Act, and for other purposes.
SECTION 1. SHORT TITLE.
This Act may be cited as the `Federal Reserve
Board Abolition Act'.
SEC. 2. FEDERAL RESERVE BOARD ABOLISHED.
(a) In General - Effective at the end of the 1-year
period beginning on the date of the enactment of
this Act, the Board of Governors of the Federal
Reserve System and each Federal reserve bank
are hereby abolished.
(b) Repeal of Federal Reserve Act- Effective at
the end of the 1-year period beginning on the date
of the enactment of this Act, the Federal Reserve
Act is hereby repealed.
Re-print this pamphlet with your computer. Locate
the file at http://libertyway.net/issues/ETF.pdf
The Federal Reserve
Bank is the Cause of
our Economic Crisis
"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
The Fed, our nation’s “Central Bank”, has put our
once prosperous nation at the doorstep of a
terrible DEPRESSION. In collusion with the big
money center investment banks it created massive DEBT throughout the economy. This mountain of I.O.U.’s was leveraged in a speculative
pyramid scheme called “derivatives,” creating a
BUBBLE that has now burst..
The bankers think that the American people and
their children should pay for the consequences of
their reckless greed. We must say NO MORE
BANKER BAILOUTS and we must demand the
replacement of the “Federal Reserve Note” with
real, commodity backed money.
The Federal Reserve Act, passed by Congress
during Christmas recess in 1913, laid the foundation for the creation of a privately owned and
controlled central bank and gave private bankers
the power to control the nation’s money supply.
Contrary to popular belief, the deceptively-named
Federal Reserve Bank operates for the benefit of
its owners, not the public. It is not Federal, nor
does it hold any reserves, nor is it even really a
bank! It is a fraud perpetrated upon the American
people.
It was Alexander Hamilton who lobbied for the first
private Federal Bank, and in 1789 Congress chartered the bank. Thomas Jefferson was adamantly
opposed to the idea of a privately owned federal
bank and said "I sincerely believe the banking institutions
having the issuing power of
money are more dangerous to
liberty than standing armies".
In 1811, under President James
Madison, Vice President George
Clinton broke the tied vote in
Congress to cast the bankers
out, refusing to renew the charter for the bankers.
Following the war of 1812, President Madison
oddly reversed his opposition and proposed a
second United States privately owned central
bank, which came into existence in 1816.
However, in 1836 President Andrew Jackson,
overriding Congress, closed it, 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."
Andrew Jackson said, speaking to the bankers
whose minions had wormed themselves into
powerful government positions: "You are a den of
vipers and thieves. I intend to rout you out, and
by the eternal God I will rout you out." President
Jackson fired nearly 700 federal employees, and
paid off the national debt.
Woodrow Wilson was elected President of the
United States in 1913. Prior to his election he
needed financial support to pay for his campaign,
so he reluctantly agreed, that if elected, he would
sign the Federal Reserve Act, in return for that
financial support. In December 1913 while most
members of Congress were home for Christmas,
the Federal Reserve Act was slipped through the
Senate which had not adjourned sine die, and
was later signed by President Wilson. At a later
date, Wilson admitted with remorse, when referring to the Fed: "I have unwittingly ruined my
country".
Since 1913
Why hasn’t Congress abolished this central bank
in all the years since 1913? To begin with, most
Congressmen just don’t understand the system.
Only a few of those who do have had the courage
to speak up. Rep. Charles T. McFadden, Chairman of the House Banking and Currency Committee, said in 1932:
“We have in this country one of the most corrupt
institutions the world as ever known. I refer the
the Federal Reserve Board ... This evil institution
has impoverished ... The people of the United
States ... And has practically bankrupted our Government. It has done this through the corrupt
practices of the moneyed vultures who control it”
On October 3, 1936, Congressman McFadden
was poisoned to death. This was the third assassination attempt on his life. He had suffered an
earlier poisoning and had had shots fired at him.
The battle over who gets the power to issue our
money has been the pivotal issue throughout the
history of the United States. Wars were fought
over it, depressions caused to acquire it, yet after
WW I, this battle was rarely mentioned in newspapers or history books. Why? By WWI, the the
money masters had, with their dominant wealth
seized control of most of the nation’s press. After
three generations, today’s voting public has been
conditioned to believe the Federal Reserve Bank
is a necessary and integral part of our Federal
Government. It is not.!
Article 1, section 8, of the Constitution:
The Congress shall have the Power.....To
coin Money, regulate the Value thereof, ....
The United States Constitution gives the U.S.
Treasury the power to “coin” (issue) money. Nowhere in that document is Congress given the
authority to delegate this responsibility to a cartel
of private bankers.
Because the issuing power of money was
(unconstitutionally) granted to the Federal Reserve Bank, the Treasury then had to borrow the
money it needed to pay federal obligations, and
pay interest. On 30 September 2008, the total U.S.
federal debt passed the $10 trillion mark, for the
first time (about $32,895 per capita).
In the nearly 100 years of the existence of the
Fed, it has NEVER been audited and they don't
pay income tax on the billions of dollars they
take from us. According to Congressional record the U.S. Government can buy back the FED
at any time for $450 million. That's about half the
amount of money we pay them daily.
During the Civil War (from 1861-1865), President
Lincoln needed money to finance the War for the
North. The Bankers were going to charge him
24% to 36% interest. Lincoln was horrified and
greatly distressed.
He would not think of plunging his beloved country into a debt that the country would find impossible to pay back. So Lincoln advised Congress
to pass a law authorizing the printing of full legal
tender Treasury notes to pay for the War effort.
Lincoln recognized the great benefits of this issue. At one point he wrote: "... (we) gave the
people of this Republic the greatest blessing
they have ever had - their own paper money to
pay their own debts ..."
The Treasury notes were printed with green ink
on the back, so the people called them
"Greenbacks". Lincoln had printed 400 million