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Article: Behind The Headlines; 21st Century Slavery 'America under the Federal Reserve System'
- Article from:
- Westside Gazette
- Article date:
- March 26, 2003
- Author:
CopyrightCopyright The Gazette Newspaper Group Mar 26, 2003. Provided by ProQuest LLC. (Hide copyright information)
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The name "Federal Reserve" is deceptive, because the institution is not Federal and neither are there any reserves. The Federal Reserve is a privately owned corporate banking cartel which is set up for profit. The Federal Reserve. America's fourth privately owned central bank, was granted the unconstitutional privilege by Congress in 1913, to coin and print money (Federal Reserve Notes) and set interest rates for the U.S. economy. The Constitution of the United States strictly prohibits any institution, except congress from coining and printing currency in America. It specifically states in Article 1 - Section 8 - Paragraph 5 that Congress alone shall reserve the right "To coin money, ...
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Transcript: FEDERAL RESERVE SYSTEM BOARD OF GOVERNORS ...
Washington Transcript Service;
October 5, 2007 ;
700+ words
... ... LOUDONVILLE, NEW YORK, AS RELEASED BY THE FEDERAL RESERVE OCTOBER 5, 2007 SPEAKER: FEDERAL RESERVE SYSTEM BOARD OF GOVERNORS MEMBER KEVIN WARSH ... Reserve Act in 1913, creating the Federal Reserve System. It is worth emphasizing that the ...
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