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This paper is presented in an historical context and is indicative of the various rants, raves, treatises, etc., that were prevalent in the old BBS (Bulletin Board Service) days. Content has not been changed, though formatting changes may have taken place to make it more presentable. (Spelling, sentence/paragraph structure, etc.) Wherever possible, credit is given to the originating source.

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THE FEDERAL RESERVE
Just Who Pockets the Profits from this Set-up?

Not lying is not necessarily telling the truth, which is what Federal Reserve Chairman Alan Greenspan is very good at. He will tell us that the Fed is a profitable enterprise that turns as much as $20 billion over to the Treasury. What Greenspan does not tell, is that the bank makes 10 times that much or more in profit, which it keeps for its stockholders - stockholders no one knows or can identify.

Greenspan will also tell us that he meets regularly with President Clinton and his top economic advisers - leaving the impression that he "consults" with the White House, while the reality is that the president cannot give Greenspan one single order nor threaten to fire him if the Fed does not obey that order. Yet the Fed is a creation of the Congress as Reps. Louis T. McFadden and Wright Patman often reminded us. 

If the Fed is not obeying the Congress or the President, why does the Congress not put the Fed out of business in terms of the exclusive right of Congress to coin money, which it was never authorized to delegate to the Fed in the first place? This is the question you should be asking aspiring candidates for the House and Senate this fall election time.

WORLD IN REVIEW
2533 North Carson Street
Carson City, Nevada 89706

For a more detailed article on the Federal Reserve scam see the last issue of WAKE-UP CALL AMERICA

 

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