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Headlined to H2 12/1/12

Are Banksters & the Fed Becoming the Fourth Branch of Our Government?

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(Article changed on December 1, 2012 at 17:14)

(Article changed on December 1, 2012 at 17:07)

(Article changed on December 1, 2012 at 15:52)

 

Despite its pathetic propaganda encouraging us to practice doublethink, the Federal Reserve freely admits that it is privately owned, is a monopoly empowered by Congress, and that it operates independently from -- above? -- Congress and the president.   Yet it pays its private undisclosed shareholders/owners huge rewards . . that it extracts from U.S. taxpayers!

Who receives dividends from owning shares of the private Federal Reserve?   Charts created by the House Banking Committee Staff Report of August, 1976 reveal the following people and companies own shares in the Federal Reserve:  Rothchilds,  J.P. Morgan, the Warburgs banks, Kuhn, Loeb & Company, Jacob Schiff, William Rockefeller, David Rockefeller/Chase Bank, and many others.

Looting America

  A more recent study found that Bank of America, JP Morgan Chase, Citigroup, Wells Fargo and HSBC now have the power of the Federal Reserve at their fingertips.    They have open access to something called the DiscountWindow at the Fed, where they can easily obtain very low interest loans.

After years of making bad loans with artificially low interest rates, and foreclosing on millions of American homes, the Fed bailed out the following banks with at least $16.9 trillion according to page 131 of the first GAO audit:

    Citigroup:   $2.5 trillion ($2,500,000,000,000)

    Morgan Stanley:   $2.04 trillion ($2,040,000,000,000)

    Merrill Lynch:   $1.949 trillion ($1,949,000,000,000)

    Bank of America:   $1.344 trillion ($1,344,000,000,000)

    Barclays PLC (United Kingdom) :   $868 billion ($868,000,000,000)

    Bear Sterns:   $853 billion ($853,000,000,000)

    Goldman Sachs:   $814 billion ($814,000,000,000)

    Royal Bank of Scotland (UK) :   $541 billion ($541,000,000,000)

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Several years after receiving my M.A. in social science (interdisciplinary studies) I was an instructor at S.F. State University for a year, but then went back to designing automated machinery, and then tech writing, in Silicon Valley. I've always (more...)
 
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Coup facilitators: Big corporations & the US Supreme Court by Richard Clark on Saturday, Dec 1, 2012 at 10:12:29 AM
NDAA by Patricia Gray on Saturday, Dec 1, 2012 at 11:04:25 AM
Local by Toby Seiler on Sunday, Dec 2, 2012 at 1:11:57 PM
not becoming, already the owners by Matt Kjeldsen on Saturday, Dec 1, 2012 at 11:10:57 AM
Some are just beginning to figure this out by Davey Jones on Sunday, Dec 2, 2012 at 10:19:34 AM
distraction by Toby Seiler on Sunday, Dec 2, 2012 at 1:16:47 PM
Exactly, unfortunately. by Robert James on Sunday, Dec 2, 2012 at 1:20:24 PM
Transaction tax could hurt everyone by June Genis on Saturday, Dec 1, 2012 at 11:20:59 AM
I agree with your second paragraph, but question the first by Richard Clark on Saturday, Dec 1, 2012 at 11:47:45 AM
Not so by Scott Baker on Saturday, Dec 1, 2012 at 4:44:23 PM
Scott--- by Elizabeth Hanson on Saturday, Dec 1, 2012 at 4:54:31 PM
Very important points! by Richard Clark on Saturday, Dec 1, 2012 at 5:22:30 PM
2nd currency by Toby Seiler on Sunday, Dec 2, 2012 at 1:26:42 PM
At the top of the pyramid by R A Bows on Saturday, Dec 1, 2012 at 11:49:24 AM
Spot on, Mr. Bows by Richard Clark on Saturday, Dec 1, 2012 at 1:05:41 PM
Fourth Branch? by revzef on Saturday, Dec 1, 2012 at 11:52:51 AM
You make a good point by Richard Clark on Saturday, Dec 1, 2012 at 1:10:04 PM
Nail on the head by Elizabeth Hanson on Saturday, Dec 1, 2012 at 1:29:26 PM
They don't need their own branch they have the Fed by Mari Eliza on Saturday, Dec 1, 2012 at 2:04:38 PM
Fed Res by Gene Engene on Saturday, Dec 1, 2012 at 2:16:58 PM
Only one branch of government by Andrew Ess on Saturday, Dec 1, 2012 at 2:43:57 PM
Frankly, when I see reference to Rothschilds... by Rob Kall on Saturday, Dec 1, 2012 at 2:48:52 PM
It is because by Mark Sashine on Saturday, Dec 1, 2012 at 3:21:32 PM
No ethnic group is exempt from banksterdom by Richard Clark on Saturday, Dec 1, 2012 at 3:45:40 PM
Proud of their Jewish heritage. by Chris Cook on Saturday, Dec 1, 2012 at 3:53:09 PM
A lot of people claim by Mark Sashine on Saturday, Dec 1, 2012 at 5:01:29 PM
Henry Ford got it right when he referred to them as by Tom Madison on Saturday, Dec 1, 2012 at 4:43:15 PM
Yes Tom by Toby Seiler on Sunday, Dec 2, 2012 at 1:54:54 PM
But they were there by Scott Baker on Saturday, Dec 1, 2012 at 4:50:38 PM
ownership of regional banks by Toby Seiler on Sunday, Dec 2, 2012 at 1:33:32 PM
Related by Richard Clark on Sunday, Dec 2, 2012 at 2:18:26 PM
GS by James Tennier on Saturday, Dec 1, 2012 at 3:48:36 PM
Bankers and the Fed by Sara Deatherage on Saturday, Dec 1, 2012 at 4:22:01 PM
When the Fed 'loans' billions to its favorite banks . . by Richard Clark on Saturday, Dec 1, 2012 at 4:47:53 PM
She corrected you right by BFalcon on Sunday, Dec 2, 2012 at 5:45:24 AM
Reply to BFalcon re: Fed's gifts to member banks by Richard Clark on Sunday, Dec 2, 2012 at 7:52:09 AM
I very much appreciated Sen Sanders by BFalcon on Sunday, Dec 2, 2012 at 11:08:06 AM
You don't see how this is at taxpayers' expense? by Richard Clark on Sunday, Dec 2, 2012 at 2:49:39 PM
corps by Samson on Monday, Dec 3, 2012 at 3:24:59 PM
I again believe by BFalcon on Monday, Dec 3, 2012 at 8:43:43 PM
The Fed, money out of thin air, and US treasury bonds by Richard Clark on Monday, Dec 3, 2012 at 9:49:22 PM
But by BFalcon on Monday, Dec 3, 2012 at 10:39:17 PM
Bloomberg: The Fed now buys 90% of all new treasury bonds by Richard Clark on Tuesday, Dec 4, 2012 at 9:28:05 PM
Well by BFalcon on Tuesday, Dec 4, 2012 at 11:32:44 PM
inflation by Samson on Monday, Dec 3, 2012 at 3:30:55 PM
You are right by BFalcon on Monday, Dec 3, 2012 at 8:48:27 PM
As Paul Craig Roberts explains by Richard Clark on Sunday, Dec 2, 2012 at 8:19:26 AM
Dr PCR by BFalcon on Sunday, Dec 2, 2012 at 11:09:57 AM
Fourth branch? by Bayard Waterbury on Saturday, Dec 1, 2012 at 4:25:01 PM
Banksters as the fourth branch of the government? by Sister Begonia on Saturday, Dec 1, 2012 at 4:36:57 PM
One word... by Scott Baker on Saturday, Dec 1, 2012 at 4:52:02 PM
Mark Carney? by Merv Ritchie on Saturday, Dec 1, 2012 at 5:49:11 PM
Are banksters of the Fed becoming the Fouth Branch of Govern by Peter Palms on Saturday, Dec 1, 2012 at 6:21:24 PM
"The solution - buy back the Fed".. by Lance Ciepiela on Saturday, Dec 1, 2012 at 7:08:31 PM
Brilliant point! by Richard Clark on Saturday, Dec 1, 2012 at 8:54:03 PM
The Fed - "legalized plunder of the American people" by Lance Ciepiela on Sunday, Dec 2, 2012 at 5:32:34 PM
Are you kidding? by Textynn N on Saturday, Dec 1, 2012 at 10:37:34 PM
Get real by Toby Seiler on Sunday, Dec 2, 2012 at 1:08:07 PM
nice by Samson on Monday, Dec 3, 2012 at 3:20:17 PM
Andy by Samson on Monday, Dec 3, 2012 at 3:39:25 PM
Don't miss Thom Hartmann's new article here at OEN by Richard Clark on Tuesday, Dec 4, 2012 at 2:05:30 PM
Tweet: Stop the Banksters & the Federal Reserve from destroying our democracy! by Lynn Wilson on Friday, Dec 7, 2012 at 1:07:08 PM