Who Owns The Federal Reserve?

If you have a basic understanding of how money is created in modern society, you will probably find this mildly disturbing.



Who Owns The Federal Reserve?

"Some people think that the Federal Reserve Banks are United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders.”

– The Honorable Louis McFadden, Chairman of the House Banking and Currency Committee in the 1930s

The Federal Reserve (or Fed) has assumed sweeping new powers in the last year. In an unprecedented move in March 2008, the New York Fed advanced the funds for JPMorgan Chase Bank to buy investment bank Bear Stearns for pennies on the dollar. The deal was particularly controversial because Jamie Dimon, CEO of JPMorgan, sits on the board of the New York Fed and participated in the secret weekend negotiations.1 In September 2008, the Federal Reserve did something even more unprecedented, when it bought the world’s largest insurance company. The Fed announced on September 16 that it was giving an $85 billion loan to American International Group (AIG) for a nearly 80% stake in the mega-insurer. The Associated Press called it a “government takeover,” but this was no ordinary nationalization. Unlike the U.S. Treasury, which took over Fannie Mae and Freddie Mac the week before, the Fed is not a government-owned agency. Also unprecedented was the way the deal was funded. The Associated Press reported:

“The Treasury Department, for the first time in its history, said it would begin selling bonds for the Federal Reserve in an effort to help the central bank deal with its unprecedented borrowing needs.”2

This is extraordinary. Why is the Treasury issuing U.S. government bonds (or debt) to fund the Fed, which is itself supposedly “the lender of last resort” created to fund the banks and the federal government?

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Removing Ingrown Toenails At Home

The Unknown Known

Looking forward to checking this film out:

If the title seems odd, consider:

Rise Of The Machines

From: Journeyman Pictures

Making A Killing With Cancer: A $124.6 Billion Industry

From Activist Post:

by Daisy Luther

If you had a business selling something that made you well over a hundred billion dollars per year, would you take steps to eradicate the need for your business? Or would you make every effort for that money continue rolling in?

Take cancer, for example. Don’t let all the media hype about “The Cure” fool you. No one who is in a position to do so wants to end cancer because they are all making a killing on the big business of treatment, while ordinary people go broke, suffer horribly, and die.

There will never be a “cure” brought to market because there just isn’t enough profit in eradicating the disease entirely. There will never be a governing body that protects consumers from being subjected to known carcinogens, because that, too, will stop the cash from rolling in. A great deal of research is covered up and many potential cures are ignored and discredited because there is far more money in perpetuating illness than in curing it. In 2012, the reported spending on cancer treatment was 124.6 billion dollars. Blood money.

The Grim Statistics

Just the word “cancer” sends a frisson of fear down the spine of the most stalwart optimist. Terrifyingly, almost one in two people will get the dreaded disease, and the numbers are only getting worse. Here are some quick stats for background:

• Nearly half of all Americans will develop cancer in their lifetime. (source) Quick math tells us that is an astonishing 157 million victims.
• Over half a million people in America died of cancer in 2012. (source)
• In 2011, cancer was the #1 cause of death in the Western world, and #2 in developing countries. (source)
• Cancer is the #1 cause of childhood death in the United States. (source)

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Child taken from womb by social services

From: The Telegraph 

Child taken from womb by social services 

Exclusive: Essex social services have obtained a court order against a woman that allowed her to be forcibly sedated and for her child to be taken from her womb by caesarean section 

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A pregnant woman has had her baby forcibly removed by caesarean section by social workers.

Essex social services obtained a High Court order against the woman that allowed her to be forcibly sedated and her child to be taken from her womb.

The council said it was acting in the best interests of the woman, an Italian who was in Britain on a work trip, because she had suffered a mental breakdown.

The baby girl, now 15 months old, is still in the care of social services, who are refusing to give her back to the mother, even though she claims to have made a full recovery.

The case has developed into an international legal row, with lawyers for the woman describing it as “unprecedented”.

They claim that even if the council had been acting in the woman’s best interests, officials should have consulted her family beforehand and also involved Italian social services, who would be better-placed to look after the child.

Brendan Fleming, the woman’s British lawyer, told The Sunday Telegraph: “I have never heard of anything like this in all my 40 years in the job. "

“I can understand if someone is very ill that they may not be able to consent to a medical procedure, but a forced caesarean is unprecedented. "

“If there were concerns about the care of this child by an Italian mother, then the better plan would have been for the authorities here to have notified social services in Italy and for the child to have been taken back there.”

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