We are toast, Obama to sign Financial Overhaul bill
By P Alfonso on Jul 21, 2010 | In 1. The Nation
We already know that the Federal Reserve has no relation with the American people other than having them as their money slaves. We also know that they are a private banking industry including foreign banks. Central Banks are controlled by the Federal Reserve and they lend money that they invent out of nothing. They also lend money to The U.S. Treasury for which they have to pay interest. Most Americans now believe that the Federal Reserve deliberately got us in the financial mess that we are in, as we have become their credit slaves.
The Senate just passed a financial reform bill that the President will sign giving the Federal Reserve even more power. It pretends to help the consumer from predatory banking fees but in reality, its goal is to give the Federal Reserve more power and control of the private banks. An example of this is the objection of Tim Geithner of Elizabeth Warren to head the new Consumer Financial Protection Bureau which now will come under the authority of our great protector The Federal Reserve. Certainly most Americans do not understand what this means so it makes it easier for them to continue ransacking our house. The Federal Reserve was authorized 1913 when the majority of the Congress members where at home with their families during the Christmas holidays. On that evening, something sinister took place. This was like opening the door to the thief allowing him to come into our house, hand him a flash light, our gun and loading our possessions in his car. What we are about to do now, is hand them the keys of the house and moving under a bridge to beg for food.
For the first time in the history of the Federal Reserve, they are guaranteeing mortgages and are been given unprecedented powers over the private banking industry. This could seem insignificant but it has great implications. We now will permit the Federal Reserve to receive title of the properties when they are foreclosed and if the banks that held them become insolvent. To insure this they have gone in the business of buying $1.25 trillion worth of mortgage backed securities. So actually, they will get something for nothing. In this case it will be a lot for nothing, at the rate that our nation foreclosure has been moving, it may not be long before they have not only robbed our assets but they will also own the land and our homes. They don’t need to have money or gold to guarantee or take possession of anything. All they need is a computer to create out of nothing an electronic transaction saying, “I hereby grant you Central Banks X amount of U.S. dollars that you can lend to the Treasury and enslave the American people. Or they can crank up their Dollar printing press for which all they need is paper and ink. It sounds crazy and maybe even dumb to accept these terms but that is the way it is.
Even after the revolution our country has never been permitted to print its own money and those who did against the will of the private bankers became “Dead Presidents”. You can rest assured that Barack Obama, John McCain, Mitt Romney, or Sarah Palin would not stand in their way. All of them would say “Yes Sir” and would do what The Federal Reserve, Goldman Sachs, JP Morgan Chase, Bank of America and Citi Bank wish. Can we see anyone who can still remember the public brutal execution of John F Kennedy repeat his mistake? Abraham Lincoln printed the “Green Backs” and John F. Kennedy passed “Executive Order 11110”. Can anybody imagine a President saying, “I will free the American people from this extortion once and for all, we will default on our debt and begin printing our own currency”. This abuse would cease if all of the American people would stop paying their debt including taxes in order to force and facilitate our governing officials to take over our currency and forgive all of the citizen’s outstanding debt by giving them clean deeds of their properties. This would be good for our nation but it is only wishful thinking for these foreign bankers would unleash their might upon our nation as they did prior to the war of 1812. After been elected President James Madison had finally had enough and declared war on England but little was resolved as far as gaining full financial freedom. As Americans, we should not be fooled that the Royalty of England as the friend of the people for they are part of the oligarchy who rules the world from the shadows, always have. This oligarchy has enslaved the people with debt as they have done with the rest of the so called “Free World” that is not so free anymore.
The following quote has been attributed to Woodrow Wilson in reference to founding The Federal Reserve. "I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.” There are some whom questioned if he actually said this, but regardless, it has turned out to be true.
I this how laws are passed in our Democracy?

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