IS THE FEDERAL RESERVE A SECRET SOCIETY?
By
Sharon Hughes
October 11, 2009
NewsWithViews.com
While
the White House claims an urgency to pass healthcare reform, and while
Christina Romer, chairwoman of the White House Council of Economic Advisers,
tries to convince the American people that the $787 billion stimulus plan
is working by siting things such as the $25 a week increase in unemployment
checks the now 9.4% unemployed in our country are getting, the facts prove
otherwise.
Holding something like this up as proof that the stimulus plan is working
is, to put it mildly, unbelievable. Especially when you look at just how
much of the 'stimulus' is actually 'stimulating' the economy, and how
much (almost half of the $787 billion) is going for 'appropriations',
aka pork, as seen in the chart put together by Senator Ben Nelson. (See
chart here.) And, by the way, please note that Congress included in
the 'stimulus' package an increase of $20 million for its own budget to
cover the salaries and expenses of 'temporary staff'. It doesn't take
a rocket scientist or economic wonk to see that this kind of 'Congressional
oversight' is a foreshadow of what can be expected in the oversight of
the proposed government-run healthcare system. But I digress.
What has really happened to our economy? Why did it plummet just before
the 2008 election? What other forces were at play besides the initially
sited culprits, Fannie and Freddie? Many Americans are still asking these
questions.
Let me ask you a question: How much do you know about the Federal Reserve,
the all-powerful, privately owned, non-federal government-run, national
bank that wields tremendous economic power over our nation? We talked
about this on our show recently, including a segment of an interview I
did with Paul Walter, about the book his publishing company reprinted,
The
Coming Battle, written in 1899 outlining how the banking money
power gained control of America. (Hear
that interview online here.)
Article 1, Section 8 of the Constitution states that Congress
shall have the power to coin (create) money and regulate the value thereof.
In 1935 the Supreme Court ruled that Congress cannot delegate its power
to another group.
But things have changed. Today it is the Federal Reserve that controls
and regulates the U.S. dollar.
Interestingly, Congress refused to audit the Federal Reserve after bills
co-sponsored by Rep. Ron Paul and more than half of the House (Federal
Reserve Transparency Act, HR 1207), and in the Senate (S 604) co-sponsored
by Sens. Jim DeMint, Mike Crapo and David Vitter, were stopped before
even being introduced on the floor on "procedural grounds."
Why would they do that?
Advertisement
Writing
in his recent article, "A Force of One: the Federal Reserve,"
Chuck Norris makes the claim that the FED is a secret society, "I
agree with Judge Andrew Napolitano, who said last week, 'We know more
about the CIA than we do about the Federal Reserve.' The Federal Reserve
is the Freemasonry of government agencies. It is a virtual secret society
unto themselves - a group of unelected brokers who hold the value of our
dollar in the palms of their hands. This one agency, with its power to
raise and lower interest rates, has exercised more control over the economy
than any other government body."
Norris continues, "Could it really be a mere coincidence that the
bill to audit the Federal Reserve was refused from even being introduced
and that this agency remains the "quick convenience store-house of
money" for the Obama administration's borrowing and bailout monies?
Again, as Judge Napolitano said, "The Obama administration not only
doesn't want the Federal Reserve audited, it now wants to put the power
to regulate all banks, insurance companies, brokerage houses – into
the hands of this super secret bank. What are they afraid we might see
if we get a chance to look at their books?" (Read
his article here.)
So, how did the Federal Reserve become the money manager of the United
States?
The Federal Reserve came into being with the stroke of the pen of President
Woodrow Wilson, establishing a centralized banking system, that "balanced
the competing interests of private banks and populist sentiment."
(sound familiar?) He appointed seven members of the Board with twelve
regional banks, which are located in Boston, New York, Philadelphia, Cleveland,
Richmond, Atlanta, Chicago, St. Louis, Minneapolis, Kansas City, Dallas
and San Francisco.
Today's current (five) board members of the Federal Reserve are Ben
S. Bernanke, Chairman, Donald
L. Kohn, Vice Chairman, Kevin
M. Warsh, Elizabeth
A. Duke and Daniel
K. Tarullo.
Henry Ford once said, 'It is well enough that people of the nation do
not understand our banking and monetary system, for if they did, I believe
there would be a revolution before tomorrow morning.'"
Did Ford know something we don't?
Mayer Amschel Bauer Rothschild said, "Give me control of a nation's
money and I care not who makes it's laws." He also said, "It
(the Central Bank ) gives the National Bank almost complete control of
national finance. The few who understand the system will either be so
interested in its profits, or so dependent on its favours, that there
will be no opposition from that class... The great body of the people,
mentally incapable of comprehending, will bear its burden without complaint,
and perhaps without even suspecting that the system is inimical (contrary)
to their interests."
John D. Rockefeller wrote in his book Memoirs, "For more
than a century, ideological extremists at either end of the political
spectrum have seized upon well-publicized incidents, such as my encounter
with Castro, to attack the Rockefeller family for the inordinate influence
they claim we wield over American political and economic institutions.
Some even believe we are part of a secret cabal working against the best
interests of the United States, characterizing my family and me as 'internationalists'
and of conspiring with others around the world to build a more integrated
global political and economic structure - one world, if you will. If that
is the charge, I stand guilty, and I am proud of it."
But, this information doesn't answer Chuck Norris' claim that the Federal
Reserve is a secret society.
Perhaps a speech given by John F. Kennedy to the American Newspaper Publishers Association sheds some light? In it he talks to the press about secret societies:
"The very word "secrecy" is repugnant in a free and open society; and we are as a people inherently and historically opposed to secret societies, to secret oaths and to secret proceedings. We decided long ago that the dangers of excessive and unwarranted concealment of pertinent facts far outweighed the dangers which are cited to justify it." (Hear speech here.)
|
Subscribe to the NewsWithViews Daily News Alerts! |
John
F. Kennedy wanted to abolish the Federal Reserve. On November 22, 1963
he was assassinated as his motorcade took an unscheduled route in Dallas.
More than give detailed information about the Federal Reserve I wanted
to provoke questions that would cause you to research for yourself. For
in so doing you will learn more than any one article can tell.
Is the FED a secret society? You
tell me.
Federal Reserve
website
See
the creation of the Federal Reserve
� 2009 Sharon Hughes - All Rights Reserved
Sign
Up For Free E-Mail Alerts
E-Mails are used strictly for NWVs alerts, not for
sale
Sharon Hughes is Founder and President of The Center for Changing Worldviews and a radio talk show host on KDIA in San Francisco, and online at Salem Web Network’s Oneplace.com. Her articles appear in many recognized news sites and publications, including FRONTPAGEMAG. She also writes for NewsBusters.org, a division of The Media Research Center, and has appeared on FOX News and other national radio programs. For further information and other radio networks she is on visit her Websites www.changingworldviews.com, WOMANTalk.us, and Blog http://changingworldviews.blogspot.com. Facebook http://www.facebook.com/cwsharon, Twitter http://twitter.com/sharonhughes_ Or Contact: sharon@changingworldviews.com
Website: www.changingworldviews.com
Blogsite http://changingworldviews.blogspot.com
E-Mail: sharon@changingworldviews.com
