Historic President Trump to audit the FED

[MindWars]

Historic: President Trump Will Audit The Fed

While the Fed desperately attempts to stop Trump and Congress from enforcing the true transparency that the GAO has required since the 1970’s.

This is all there is for the moment.

More info to come, but oh this is going to be wonderfully scary all at once. I hope he is well protected.

 

[CrusaderFrank]

why are we paying interest to banks on our own money?

 

[JimBowie1958]

why are we paying interest to banks on our own money?

Because it is not our money.

The Federal Reserve is a system of private banks and what we call 'dollars' is actually a bearers credit note from them for US dollars.

That is what the phrase 'Federal Reserve Note' means.

 

[RodISHI]

why are we paying interest to banks on our own money?

Because it is not our money.

The Federal Reserve is a system of private banks and what we call 'dollars' is actually a bearers credit note from them for US dollars.

That is what the phrase 'Federal Reserve Note' means.

It is tax dollars as they scammed the taxpayers to pay themselves and Congress allowed it to happen. They used creative accounting to screw over every man, woman, child, the dead and the unborn in this country for years nonstop.

 

[MindWars]

why are we paying interest to banks on our own money?

Because it is not our money.

The Federal Reserve is a system of private banks and what we call 'dollars' is actually a bearers credit note from them for US dollars.

That is what the phrase 'Federal Reserve Note' means.

It is tax dollars as they scammed the taxpayers to pay themselves and Congress allowed it to happen. They used creative accounting to screw over every man, woman, child, the dead and the unborn in this country for years nonstop.

Yep, and I believe more information will be coming out on this which I will continue to UPDATE the information as it comes through if at all today.

 

[MindWars]

why are we paying interest to banks on our own money?

Because it is not our money.

The Federal Reserve is a system of private banks and what we call 'dollars' is actually a bearers credit note from them for US dollars.

That is what the phrase 'Federal Reserve Note' means.

Amazing how many believe it is actually part of the FEDS too lol when it has nothing to do with Gov. It is about as Gov. as FED EX.

 

[JimBowie1958]

That is what the phrase 'Federal Reserve Note' means.

Amazing how many believe it is actually part of the FEDS too lol when it has nothing to do with Gov. It is about as Gov. as FED EX.

Well there are appointed federal governors supposedly overseeing it all, but it is a very incestuous process.

 

[JimBowie1958]

Note also that the Federal Reserve has done internal audits from time to time and they only do one bank at a time, and this allows for fraud as banks can shift assets from one to the other in time for these closed internal audits.

We need an external audit of all the FR banks all at one time and see just how solvent they really are.

I suspect that they all would pass except a few, mostly in New York and Chicago.

 

[MindWars]

Ever see this one before

10 Things That Every American Should Know About The Federal Reserve

What would happen if the Federal Reserve was shut down permanently? That is a question that CNBC asked recently, but unfortunately most Americans don’t really think about the Fed much. Most Americans are content with believing that the Federal Reserve is just another stuffy government agency that sets our interest rates and that is watching out for the best interests of the American people. But that is not the case at all. The truth is that the Federal Reserve is a private banking cartel that has been designed to systematically destroy the value of our currency, drain the wealth of the American public and enslave the federal government to perpetually expanding debt. During this election year, the economy is the number one issue that voters are concerned about. But instead of endlessly blaming both political parties, the truth is that most of the blame should be placed at the feet of the Federal Reserve. The Federal Reserve has more power over the performance of the U.S. economy than anyone else does. The Federal Reserve controls the money supply, the Federal Reserve sets the interest rates and the Federal Reserve hands out bailouts to the big banks that absolutely dwarf anything that Congress ever did. If the American people are ever going to learn what is really going on with our economy, then it is absolutely imperative that they get educated about the Federal Reserve.

The following are 10 things that every American should know about the Federal Reserve….

#1 The Federal Reserve System Is A Privately Owned Banking Cartel

The Federal Reserve is not a government agency.

The truth is that it is a privately owned central bank. It is owned by the banks that are members of the Federal Reserve system. We do not know how much of the system each bank owns, because that has never been disclosed to the American people.

The Federal Reserve openly admits that it is privately owned. When it was defending itself against a Bloomberg request for information under the Freedom of Information Act, the Federal Reserve stated unequivocally in court that it was “not an agency” of the federal government and therefore not subject to the Freedom of Information Act.

In fact, if you want to find out that the Federal Reserve system is owned by the member banks, all you have to do is go to the Federal Reserve website….

10 Things That Every American Should Know About The Federal Reserve