Wednesday, September 19, 2007

Federal Reserve Finally Drops Interest Rates

Federal Reserve finally drops interest rates by 1/2 a point. But even as stock markets soared in a thunderous rally, the Fed carefully stopped short of implying any commitment to reduce rates even more in the months ahead. Indeed, policy makers cautioned that they still have lingering worries about inflation — a concern that would weigh against stimulating the economy further with cheaper money.

People forget or don't even know that the Federal Reserve is not run by the government.
The Federal Reserve is a private corporation. It's about as federal as Federal Express.
-It makes it's own policies
-Loans money to the government at interest
-It is ran by a committee of international bankers and corporate CEO's

"I believe that banking institutes are more dangerous than standing armies if the American people ever allow private banks to control the issue of currency... The banks and coprorations that will grow up around them will deprive the people of their property until the wake up homeless on the continent their fathers conquered."

Thomas Jefferson
(1743-1826)

"Our great industrial nation is controlled by its system of credit. Our system of credit is privately concentrated. The growth of the nation. Therefore, and all our acvtivities are in the hands of a few men. Who necessarily by reason of their own limitations, chill and check and destroy genuine economic freedom. We have come to be one of the worst ruled, one of the most completely controlled and dominated governemnts in the civilized world-No longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of small groups of dominant men."

Woodrow Wilson

1914-1919
The Fedreal Reserve increased the money supply by 100%
Resulting in extensive loans to small banks and the public

1920
Panic was initiated by the Feds calling the loans owed by the small banks
5400 banks outside of the Fed Reserve system collapsed.
Further consolidating the small group of international bankers.

1921-1929
The Federal Reserve increase the money supply again by 62%
Margin loans became extremely popular during this time
(An investor would only have to put down 10% of the cost of a stock. The other 90% would be loaned through the broker)
When "margin calls" were made it meant the loans on the margin had to be paid with 24hrs.

October 24, 1929, margin calls were being made in massive numbers while JD Rockefeller and JP Morgan amongst other conglomerates, quietly exited the market. This sparked an instantaneous sell-off in mass because everyone had to cover the margin loans.

16,000 banks collapsed. Enabling the conspiring international bankers to buy up existing banks at a discount and to purchase entire corporations for pennies on the dollar. Some consider it to be "The Greatest Robbery in American History."

On top of that, the Feds contracted the money supply fueling the larest depression in history.
How can they do this to their people you ask? Many of the weak must suffer, for the few strong to survive.

1933
Federal Reserve decided that the gold standard should be removed.
An exectutive order was put in to place"In order to help end the depression" all gold was to be handed over to the Fed. Any persons who failed to hand in less than all of their gold would risk ten years of imprisonement.
A dollar bill before 1933 was backed by Gold. Now, a dollar bill is considered legal tender. Which bascially means, it's worthless.
The only thing that gives our money value is how much of it is in circualtion.

"Give me control of a nation's money supply, and I don't care who makes its laws."
(Mayer Amschel Rothchild-Founder of The Rothchild Banking Dynasty)

Which brings up the question... why were the feds so reluctant to lower the rates at even 1/2 a point??? Becuase this now means that they have to give money back to the banks due to the current rate of inflation.


"We will have one world government whether or not we like it. The only question is whether world government will be achieved by conquest or consent."
Paul Warburg
(Council of Foreign Relations/ Architect of Federal Reserve System)

To get a more detailed understanding of the what the Federal Reserve has planned for our future. I emplore you to click this->http://www.zeitgeistmovie.com/. This will shed light on the many questions you may have had throughout your lifetime. Thank you for your time!

Author: Rahsheid White

2 comments:

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