The Fed is indirectly owned by a private banking monopoly that is managing OUR interest rates, and OUR money supply for THEIR BENEFIT... and they are not above manipulating it to THEIR ends...
They were the cause of the Great Depression, and the one we are in NOW. These are not accidental events!
Now HERE's the bad part - This was ALL planned... it was a reconsolidation of banking power, and a redistribution of wealth.
The middle class is being thinned down, and this group is pocketing a fraction of what they are costing us.
Obama would only agree to have a limited audit of the Fed Reserve. ...why?
Wake up Amercian patriots!
Tyrants have been in control of OUR country since 1913, when the Federal Reserve Act was enacted, which was written by this private banking monopoly, and was signed into law by President Woodrow Wilson - The WORST president in our history.
This can only be solved when our representatives are ask over, and over, to take back the Fed Reserve.
This private banking monopoly has bled the wealth out of our county until 2% of the population controls 90% of the money.
This monopoly owns the major media companies, and they DO NOT WANT US TO KNOW THIS...
...why do you THINK that is?
It's because we would be in the streets demanding that our government TAKE BACK OUR CENTRAL BANK!
...do you understand yet?
This private banking monopoly has cost you and me a $1000 for every $1 they made, and they WILL NOT ALLOW US TO RECOVER, until they plan a strategy where THEY CAN PROFIT FROM IT.
This is NOT rocket science people...
The good news for you, and I, is that they are AFRAID OF US KNOWING THIS!
Copy this to a notepad; save it to your desktop, pass on the knowledge and paste it into all news stories you read.
...if you doubt these words do a little research. Google - jekyll island jp morgan
Part 1
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Question for Bernanke ...does this mean the housing bubble is over?
The Federal Reserve is part of a private banking monopoly.
They have
1. lowered the US interest rates to the lowest levels ever... in 2001.
2. left those interest rates so low that the mortgage rate dropped to 3%. (Interest rates in 1950 weren't even this low.)
3. left those rates at 3% so long, that the entire mortgage industry was saturated top to bottom, and broadly from here to China.
4. made the declaration that there was a "housing bubble." (This was DIRECTLY CAUSED by their own actions...)
5. then raised interest rates 18 straight times, until mortgage rates were over 6%. This resulted in the mortgage portfolio values being discounted until the principal was dissapearing, resulting in losses of principal money in ALL mortgage portfolios. This had the bottom-line effect of forcing losses onto all the investors of mortgages.
6. ...CAUSED THE TOTAL FINANCIAL CRISIS THAT WE ARE IN NOW....
They are
7. charging our country interest on every dollar bill that is in circulation.
8. in control of OUR money supply.
9. in control of OUR interest rates.
...do you understand yet?
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