  by Michael Sunstar
2001
from
TheForbbidenKnowledge Website
American and European money, as well as
the ‘global economy’ is now being controlled by just many
organizations devoted to the cause of GLOBALIZATION.
GLOBALISM just started out with a ring of wealthy families
and spread like a wildfire as corporations sought to profit from
this GLOBAL, INTERNATIONAL idea. These families and corporations
have sponsored and financed many organizations throughout the world
committed to the cause of GLOBAL unity, GLOBAL economics, GLOBAL
politics, and a GLOBAL religion that makes all nations
interdependent upon each other so that the National Sovereignty of
each nation is compromised for this GLOBAL ECONOMY networked by many
people who share the same vision.
In the early 1990s, three New York super-banks controlled over 85% of the banking assets. From the 1970s through the 1980s, small local banks on the East Coast were first bought out by larger regional banks, then the larger regional banks were merged with the New York super banks until only a few banks controlled all the money as we have witnessed in MEGA BANK MERGERS. What is the FEDERAL RESERVE ACT? The Federal Reserve Act set up a FEDERAL RESERVE BOARD, which controlled a system of twelve federal banks. These Federal banks loaned money to private or state banks at certain interest rates. The Federal Reserve banks could raise or lower the rates they charged to the state banks. The twelve federal banks controlled the rates private banks charged their customers. HOW THE FEDERAL RESERVE WORKS The following information was gathered from THE ATLANTA FEDERAL RESERVE WEBSITE: http://www.frbatlanta.org and http://www.ny.frb.org/pihome/regs.html Like most industrialized nations, the United States has a central bank to meet certain needs of its complex economy and financial system. Unlike most central banks, however, the U.S. Federal Reserve System—often called the Fed—is, in a sense, a “decentralized” central bank. It consists of:
Established in December 1913 by
the Federal Reserve Act, the Federal Reserve System
was designed to address the conditions underlying the money panics
that had plagued the country for many years. The act has been
amended several times to enhance the Fed’s ability to foster a sound
financial system and a healthy economy.
The Federal Reserve System advances this goal in several ways. Its monetary policy decisions affect the flow of money and credit in the economy. It contributes to the safety and soundness of the nation’s financial system by establishing regulations and acting as a commercial bank supervisor. And, by serving as a bank for depository institutions and the federal government, the Fed helps ensure that the system of paying for all kinds of business transactions works efficiently. In carrying out these three functions, the Fed also helps to stabilize the financial system and to contain systemic risk that may arise in financial markets. The Federal Open Market Committee directs open market operations, the most important tool of monetary policy. The committee meets in Washington, D.C., eight times a year and holds additional meetings or telephone consultations as needed. The FOMC comprises 12 members—the seven members of the Board of Governors and five Reserve Bank presidents, one of whom is the president of the Federal Reserve Bank of New York. Other presidents serve one-year terms on a rotating basis, and all presidents participate in each meeting. Federal Reserve Banks are the decentralized element of the U.S. central bank. There are 12 Reserve Banks, located in
Branches are located in 25 other cities,
and all but two Reserve Banks have at least one branch.
Each Federal Reserve Bank is separately incorporated, with a board of nine directors. Reserve Banks generate their own income, which comes mainly from interest on government securities acquired through open market operations. Each year, Reserve Banks turn over to the U.S. Treasury earnings in excess of the amount they need to pay expenses and dividends to member banks, to maintain a surplus equal to paid-in capital, and to pay operating expenses. Reserve Bank directors, under Board of Governors supervision, oversee their bank’s operations and appoint and recommend salaries of the bank’s president and first vice president. Of the nine directors, six—three class A, representing the banking industry, and three class B—are elected by member banks, including all nationally chartered banks and state-chartered banks that meet certain requirements. Three class C directors, including the chairman and deputy chairman, are appointed by the Board of Governors. Class B and C directors represent agriculture, commerce, industry, labor, and services in the Federal Reserve District; they cannot be officers, directors, or employees of a bank, and class C directors cannot be bank stockholders. Branch banks’ boards have five or seven directors; the majority are appointed by head-office directors and the rest by the Board of Governors. Reserve Banks monitor national and international economic conditions and provide information on their districts that is used in formulating monetary policy. Reserve Banks hold reserve balances for and serve as “lender of last resort” to depository institutions. Directors establish the discount rate charged on such loans, subject to approval by the Board of Governors. Reserve Banks also examine and supervise certain types of depository institutions and provide payment services to depository institutions and the U.S. Treasury. In 2001, the FEDERAL RESERVE BANKS were located in:
In 2001, ALAN GREENSPAN was the
CHAIRMAN of the FEDERAL RESERVE IN NEW YORK and the
eyes of America were on Greenspan when President George
Bush introduced his tax-cut which would cut Federal Interest
Rates by half a point.
Whoever controls The Federal Reserve bank of New York controls the FEDERAL RESERVE SYSTEM. The FEDERAL RESERVE BANK of New York IS the FEDERAL RESERVE in which stockholders own. This is why Hillary Clinton wanted to become the Senator of New York in the 2000 Elections. New York is where all the money is controlled in addition to The Council of Foreign Relations, THE UNITED NATIONS, AND THE Trilateral Commission who are sponsored by inner circles of the wealthiest families in the world, who have a One World Economic Agenda. The controlling interest of the FEDERAL RESERVE is held by about a dozen international banking establishments, and only four of them are located in the United States. The rest of the banking establishments owning stock in the FEDERAL RESERVE are EUROPEAN, with the most influence of these being the Rothschild family of London.
In 1953 U.S. Congressman B. Carroll
Reece investigated tax-exempt foundations. Rene Wormser, Chief
Counsel for the Reece Committee, authored a book entitled
Foundations, Their Power and Influence. Based on the findings of the
investigation he wrote,
Rene Wormser, Legal Counsel of
the REECE COMMITTEE, discovered that FOUNDATIONS receiving
contributions were:
America’s major banking assets have
always been in some way connected with the London Rothschild family
who also had made contributions through various foundations. As
stated on
www.lcf-rothschild.com the
Rothschilds are:
The Rothschilds have thus
remained united in every endeavour, from the creation of De Beers
and the financing of Royal Dutch to the privatization of the
Banque de Paris et des Pays-Bas. Today, the family’s
British, French and Swiss institutions and their subsidiaries,
especially along the Pacific Rim, have matched their skills to the
new requirements of venture capital and financial engineering.
ROTHSCHILD FOUNDATIONS
Usually, wealthy people contribute money
into and through FOUNDATIONS as a way to write-off taxes. Did these
FOUNDATIONS exist because the
Rothschilds loved Christ or
wanted to serve the God Of Israel? No. Although it appears that the
wealthy Rothschilds have contributed large sums of money for
‘good and charitable causes’ which would benefit ALL societies,
according to the REECE COMMITTEE these donations and
foundations were meant to serve as tax shelters which would further
promote their corporate GLOBALIST society and gain control.
The Rockefellers, who were and are by far the most powerful of the Fed’s American Stockholders, also have controlled and are controlling much of the banking interests. The Rockefellers holdings in the Federal Reserve are primarily through CHASE MANHATTAN BANK which merged with J.P MORGAN. Thus, John D. Rockefeller’s $900 million in 1913 represented one forty-fourth of the GNP of that year. One forty-fourth of last year’s GNP 2000 would be a mind-blowing $184.2 billion, far richer than Gates’ billion shares of Microsoft makes him. Indeed, Gates would rank only fourth, behind Rockefeller, Andrew Carnegie ($100.5 billion), and Cornelius Vanderbilt ($95.9 billion). The remainder of the top 10, according to Klepper and Gunther, are:
Congressman Louis T. McFadden
said the following during a speech before Congress on June 10, 1932:
FEDERAL RESERVE’S NATIONAL
INFORMATION CENTER (NIC)
National Information Center (NIC) Web site Comprehensive information on banks and other institutions for which the Federal Reserve has a supervisory, regulatory, or research interest, including domestic and foreign banking organizations operating in the United States. |
Sabado, Hunyo 2, 2012
MASTER'S OF THE NEW WORLD ORDER
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