Follow this link to the official End The Fed Site for more information Next Lesson

Learn About The Fed

It's Not Federal - It's Private!

"As always we need to investigate things for ourselves. I don't know everything there is to know about this organization. We do have a common goal - To dissolve the Federal Reserve bank. I would like to see every law, every bill, every amendment and resolution, decision and plan that supersedes authority expressed in the constitution undone. That includes all powers that the government has assumed. That includes the IRS.

The people here are working hard to see some good things done. This page links to them - you can investigate and decide for yourself."

          Doug Wilson

The Federal Reserve Bank is about as Federal

      as Federal Express.

In 1913, Congress voted to hand over its Constitutional authority to "coin money and regulate the value thereof" to a consortium of private banks.
It passed the "Federal Reserve Act".

Although certain officers are appointed by the President, Congress exercises little to no oversight over the Fed's activities. The 12 regional Federal Reserve Banks are owned by the member banks who buy shares in it. All nationally chartered banks and bank holding companies are by default member banks of the Federal Reserve System.

Just a few of the powerful banks which are owners of the Federal Reserve District Banks:

Goldman Sachs Bank (San Francisco Fed)
Bank of America (Richmond Fed)
Morgan Stanley (San Francisco Fed)

On the Board of Directors of the New York Federal Reserve Bank we find:

Jamie Dimon
Chairman of the Board and Chief Executive Officer
JPMorgan Chase

Jeffrey R. Immelt
Chairman and Chief Executive Officer
General Electric Company

Indra K. Nooyi
Chairman and Chief Executive Officer
PepsiCo, Inc.

Should Americans assume that these individuals serve on the Board of the New York Fed in the public interest or in their private, corporate interests? What do you think?

For example (one of many): JPMorgan Chase was able to buy up both Bear Stearns and Washington Mutual Bank for pennies on the dollar through its cozy relationship with the Federal Reserve Bank of New York and the FDIC.

On the Board of Governors of the Federal Reserve System, we find that Kevin M. Warsh was from 1995 to 2002, a member of the Mergers & Acquisitions Department of Morgan Stanley & Co., in New York, serving as Vice President and Executive Director. This is but one of many examples of the cross-pollination between the world of private, international banking and the nominally "Federal" central banking system.

Alan Greenspan, the former Chairman of the Federal Reserve, admitted recently that the Fed operates without Congressional oversight.





"Well, first of all, the Federal Reserve is an independent agency, and that means, basically, that there is no other agency of government which can overrule actions that we take. So long as that is in place and there is no evidence that the administration or the Congress or anybody else is requesting that we do things other than what we think is the appropriate thing, then what the relationships are don't, frankly, matter."

The Fed is, in fact, a private corporation which has been granted a monopoly on the issuance of money by the public authority of government. It is therefore a public-private partnership--an alignment which many political scientists define as Fascism.

It is important to state that private banking control of the Federal Reserve Bank is not significant for the direct profits which member banks accrue. It is the control over the money supply, the manipulation of the general conditions of credit and debt and the POLITICAL POWER associated with the private ownership of the nation's central bank which is meaningful.

The "Federal" Reserve is Federal in name only.
It is comprised of private banks and serves private banking interests and is accountable to no public authority.


Limits of Congressional Power: This is a list of cases defining the limits of Congressional powers from an historical perspective. There is also a small section regarding some of the limits upon the powers of the state.

Powers of the People: This file links to all State Constitutions and quotes provisions thereof related to the right of the People to change government.

Compulsory Production of Documents: This brief explains the operation of the Fifth Amendment in reference to producing personal books and records to an agency of the government.

The meaning of Art. 1, § 9, cl. 7: There is currently a debate raging regarding the question of whether social security is a contract. This file explains why it is not a contract because of this constitutional provision.

Equal Protection: The constitutional principles of equal protection need to be understood by members of the freedom movement. Here you will find parts of my working file containing cites to and very brief summaries of some cases regarding this issue, with links to the important Supreme Court decisions.

Void for Vagueness: The constitutional prohibition against vague laws is demonstrated through a variety of cases, which are linked via this file.

Public Purposes: This file links to some recent cases dealing with unconstitutional eminent domain actions.

Historical Works: The Net contains a wealth of materials, books and documents about the law and the origins of this country. Here you will find links to some of these works. Georgia Tech also has some historical works posted on its site. ADMINISTRATIVE PROCEDURES

Administrative Procedure Act: This file is a short brief which explains the operation of the federal Administrative Procedure Act.

The Need for Regulations: Here you will find a short brief regarding the need for regulations for some tax statutes. Not every law, even a tax law, requires a regulation, contrary to popular myth. However for the statute discussed here, a regulation is essential.

Delegated Authority Brief: This brief, taken from a larger one, addresses the requirement that public officers and employees must have delegated authority to act.

Cases Regarding Delegated Authority: This file contains a list of cases regarding the need of public officers and employees to have delegated authority.

FOIA Requests Those interested in getting information from federal agencies often use the Freedom of Information Act, which is explained via this link.

OTHER FEDERAL MATERIALS

Public Corruption Cases This file contains a list of a variety of cases disclosing public corruption.

Social Security: Who exactly is required to have a social security number? This short memo examines the alleged requirement that everybody is compelled by law to have a SSN.

Social Security Calculator: Visit this site to determine whether social security payments are really worth the investment. You will be surprised.

Titles of the U.S. Code: The manner by which the titles of the current U.S. Code were created from the U.S. Statutes at Large is explained here.





Nock's "Our Enemy The State" While this is not exactly "other federal materials," you need to read this book regarding the power of government. CHARTS AND REPORTS

CAFR Web Site: Comprehensive Annual Financial Reports ("CAFR") are well hidden by state governments because they reveal too much.

Law Enforcement Statistics: Here is an interesting site with lots of law enforcement statistics.

MISCELLANEOUS

Reliance Upon Government Documents: Have you relied upon government documents in the formation of any of your beliefs? If not, you need to read this memo.

Face of Tyranny: This file contains a very appropriate article regarding what the future of our country may be.

European Parliament paper regarding "political control":This file contains a very interesting document which explains new techniques for controlling the people.

Scams: Lots of con artists and crooks have roamed through the freedom movement for years. Here are some stories about the damage these crooks have caused. The Opdahl case was about a scam; it victimized my client.

Delphi: Powerful institutions have studied groups of people and learned how to get them to agree upon a plan promoted by these institutions. This "Delphi" technique is used frequently today if you just watch for it.

Case Law: Many complain about case law and denigrate it. This file explains how important case law really is.



Twenty leading journalists, including winners of several Emmys and a Pulitzer, have described being prevented by corporate media ownership from reporting riveting stories on major cover-ups.>
BBC News has exposed plans of the U.S. military to "provide maximum control" of the Internet, as detailed in a declassified secret Pentagon document signed by the U.S. Secretary of Defense in 2003.
A CBS News report quotes former U.S. Secretary of Defense Rumsfeld, "According to some estimates, we cannot track $2.3 trillion in transactions." That's $8,000 for every man, woman and child in America.
Government documents released through the Freedom of Information Act show that the top Pentagon generals once approved plans to foment terrorism in major U.S. cities and even kill innocent civilians.
Multiple, reliable sources show that you may be eating genetically modified food every day which scientific experiments have repeatedly demonstrated can cause sickness and even death in lab animals.
Detroit's leading newspaper reported that the 1908 Ford Model T boasted a fuel economy of 25 miles per gallon. Yet 100 years later, the EPA average mileage for all cars is under 21 mpg.
A highly decorated US General wrote a book titled War is a Racket, which clearly depicts how he was manipulated and how most wars are waged largely to keep the coffers of some big corporations filled.
The former chief of a prestigious medical journal has revealed that the total profits of the ten drug companies in the Fortune 500 were more than the profits of the other 490 businesses combined.
Declassifed CIA documents open to the public leave no doubt that through hypnosis, drugs, and electric shock, secret mind control projects created super spies, terrorists, assassins, and more.
More than 50 senior government officials and 100 professors have publicly expressed significant criticism of the 9/11 Commission Report. Many even allege government complicity in the 9/11 attacks.
For more highly revealing media articles hidden in plain sight with links for verification, click here.