The Federal Reserve, the Fed, is a private, for profit, conglomeration of banks, including international banks that stem from the Rothschild empire. The word “federal” is misleading. It, along with the IRS, was established and signed into law in 1913, under president Wilson. Wilson later regretted this signing. It passed through Congress after midnight right before Christmas while most of Congress was absent due to Christmas. It was never ratified by the states. Its 100-year charter is up next year.
This governmental money system is what is known as a “central bank.” Central banks were disdained and often warned about by many of our founding fathers. The USA Treasury writes bonds for, and asks the Fed to print up (out of thin air) and issue money which is then distributed to branch banks, who use fractional reserve lending with interest. This puts our country deeper in debt to those who buy these bonds (like China).
The more money that is printed, the greater inflation. War spending being the greatest creator of debt inflation. A crash or hyper-inflation is inevitable. This is all manipulated/engineered by the global banksters to take over America. JFK was the last president who was taking steps to quit the central bank system and get our own government to issue its own currency. Quantitative Easing (QE3) has now begun, printing money at the rate of $40 billion per month which will cause the purchasing power of our dollar to become worth less and less (this means things get more expensive).
Another thing the common American should be aware of is the District of Columbia Act of 1871. That is when our country became a corporation, no longer United States. It changed from “These United States” to “The United States.” The implications are huge and I don’t have the time to get into all of the ramifications, but basically we are owned by a corporation.
Sovereignty of the individual American citizen and states of our union should be returned, as well as a return from maritime law to common law.
Rev. Richard Olson