FEDERAL RESERVE

Federal Reserve

"From the Great Depression to the stagflation of the 70's, to the dotcom bubble in 2001, every economic downturn suffered by the country over the last 80 years can be traced to the Federal  Reserve ."  US Congressman Ron Paul

Created by an act of Congress on Dec. 23, 1913 Woodrow Wilson signed into law the Federal Reserve Act. A government run banking cartel-otherwise known as a central bank. The marriage of government and banking. The corrupt policies of the American Federal government, along with those of the Federal Reserve Bank, have converted our nation's monetary system into a system that is dependent upon debt to survive. Together they have plundered our nation's wealth and have replaced it with debt.

            Central banks encourage borrowing by creating "cheap" money by lowering interest rates, which increases the overall money supply. Then, the central bank system raises interest rates, which leads to credit defaults, foreclosures, and bankruptcies. This allows the bankers to purchase properties and businesses and smaller banks for "pennies on the dollar."

But what they are about to do next is beyond human comprehension.