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Federal Reserve: The Engine of Inflation   A basic understanding of Federal Reserve System operations escapes most Americans. Our nation’s central bank has long been a source of mystery, intrigue, scorn, and praise. Central banks have a dubious constitutional role, as does the fiat currency that the Fed manages. While the Founding Fathers appear to have chosen a system without a central bank, Karl Marx explicitly called for a central bank in his steps toward a communist utopia. Today in our bastion of capitalism and free markets, the Fed has specific responsibility to manage our nation’s fiat currency, the dollar. ...

SUNDAY Q&A Inside the all-powerful Federal Reserve Geoff Metcalf interviews veteran journalist Anne Williamson -------------------------------------------------------------------------------- Editor's note: Anne Williamson, a veteran researcher and journalist who has written for the Wall Street Journal and the New York Times, has authored a definitive and eye-opening analysis of the nation's banking system for WorldNet Magazine, WorldNetDaily's offline companion. Williamson, who has testified before Congress as an expert on international banking issues, brought years of expertise to her comprehensive, 11,000-word investigative report, covering the Federal Reserve, how the Fed manipulates elections and markets, who's behind the Fed, and more. WorldNetDaily writer and talk-show ...

COMING SUNDAYInside the Federal ReserveGeoff Metcalf interviews veteran reporter Anne Williamson © 2000 WorldNetDaily.com--> © 2001 WorldNetDaily.com "It's the ultimate scam. This was a brilliant, brilliant swindle," says Anne Williamson of America's central banking system, the Federal Reserve. Yet Williamson is not a conspiracy theorist or fanatic. Rather, she is a veteran journalist who has written for the Wall Street Journal and the New York Times. This Sunday, read talk show host Geoff Metcalf's interview with Williamson on the Federal Reserve System, which previews her upcoming, major exposé of the Fed in WorldNet Magazine, WND's popular monthly print publication. That ground-breaking ...

WorldNetDaily: Williamson on 'Factor' Tuesday                                 MONDAY MARCH 19 2001                    Page 1 News    Page 2 News    Commentary    Cartoons    Letters    TalkNetDaily    Sports    Weather    TV Guide    Movies    Travel    Business    Stocks    ShopNetDaily     Williamson on 'Factor' Tuesday WND writer answers question: 'Is the Federal Reserve a fraud?' © 2001 WorldNetDaily.com WorldNetDaily.com contributing writer Anne Williamson will appear on "The O'Reilly Factor" Tuesday night to discuss the ills ...

Federal Reserve System - Banking Fraud Greg Hobbs November 1, 1999 What is the Federal Reserve Bank (FED) and why do we have it? The FED is a central bank. Central banks are supposed to implement a country's fiscal policies. They monitor commercial banks to ensure that they maintain sufficient assets, like cash, so as to remain solvent and stable. Central banks also do business, such as currency exchanges and gold transactions, with other central banks. In theory, a central bank should be good for a country, and they might be if it wasn't for the fact that they are ...

Repeal the Federal Reserve Act A simple majority vote in both houses of Congress is all that is required to repeal the Federal Reserve Act. Section 31 of the Act states that “The right to amend, alter, or repeal this Act is hereby expressly reserved.” A repeal of this Act by Congress would wrest from the Federal Reserve Bank, the nations privately owned central bank, the power it presently holds to regulate the nations money supply. Congress would assume this responsibility, granted to it by the Constitution, but surrendered by it to the Fed in 1913. The nation’s monetary system ...

Conspiracy Theory Gains Currency, Thanks to Town's Professor Auriti GUARDIAGRELE, Italy -- From her perch below a poster that depicts a miracle of Christian faith, Sandra Iannamico is performing a little wonder of her own. She is doubling people's money. One by one, each of the half-dozen clients lined up at her table in the courtyard of a 15th-century palazzo steps up and surrenders a handful of Italian lire. In return, Ms. Iannamico gives them a multicolored sheaf of a new currency called the simec, at an exchange rate of 1-to-1. In most places, the simec wouldn't be worth the ...

Few Americans realize how radically America was changed in 1913 with the passage of the Federal Reserve Act. Maybe most Americans don't even care. "How does the Federal Reserve Board affect my life?" they think. "What do I know from Alan Greenspan? He's the guy who decides what interest rates are, right?" The truth is the Federal Reserve, created in 1913, is a wholly unaccountable, private institution that affects the lives of every American -- probably more directly and profoundly than does the president of the United States. That's why Greenspan is often referred to as the most powerful ...

THE PLUNGE PROTECTION TEAM [Free Republic] FreeRepublic.com "A Conservative News Forum" [ Last | Latest Posts | Latest Articles | Self Search | Add Bookmark | Post | Abuse | Help! ] Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works. THE PLUNGE PROTECTION TEAM Business/Economy News Keywords: PLUNGE PROTECTION TEAM Source: Washington Post/Strategic Investment Newsletter/NY Post /Various Published: February 23, 1997, October 13, 1997, ...

Fed to prop up Wall St Shadowy committee ready to pour billions into stock markets to avert shares meltdownSpecial report: Terrorism in the US Richard Wachman and Jamie DowardSunday September 16, 2001The Observer The US Federal Reserve and Wall Street's powerful investment banks are preparing to spend billions of dollars to support the US stock market, which opens this week for the first time since last Tuesday's terrorist attacks on New York and Washington. A secretive committee - the Working Group on Financial Markets, dubbed 'the plunge protection team' - includes bankers as well as representatives of the New York ...

The Eisenhower vs. Clinton Budget USA Debt, Off-budget Obligations, Spending, Tax and Entitlement Policy 1955 compared to 1995 Over the last forty years, the Congress and a succession of Presidents have taken on debt and made promises that far exceed the ability of United States citizens to pay. Our children and grandchildren’s future has been promised away. They have become serfs bound by the irresponsible debt, off-budget obligations, spending, tax policy and entitlement policies and promises of governments ruling America during the 50’s, 60’s, 70’s, 80’s, and early 90’s. Since 1955, the US government has progressively imposed greater numbers of ...

October 4, 1999 LAUNDERING YELTSIN - How US Hypocrisy Feeds Russian Corruption by MATT BIVENS Moscow The Russian Foreign Minister says it's an American plot to keep Russia weak. The head of the KGB-successor agency offers that same conviction in a formal briefing to President Boris Yeltsin. The Kremlin press office compares it to the Spanish Inquisition. And the nation's most liberal, pro-Western newspapers splash articles across their front pages about US plans to provoke a new cold war--to isolate Russia, destroy its economy and perhaps even drag Yeltsin himself to the United States for trial as a common ...

MONETARY GOLD MISMANAGEMENT IN THE TWENTIETH CENTURY - Click Here Gold and Economic Freedom By Alan Greenspan Capitalism: The Unknown Ideal by Ayn Rand Chapter 6 Published November, 1967 by Signet Paperback Books, New York. An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense, perhaps more clearly and subtly than many consistent defenders of laissez-faire, that gold and economic freedom are inseparable, that the gold standard is an instrument of laissez-faire and that each implies and requires the other. In order to understand the source of their antagonism, ...

Uncensored Media Weekly JFK vs. The Federal Reserve On June 4, 1963, a virtually unknown Presidential decree, Executive Order 11110, was signed with the authority to basically strip the Federal Reserve Bank of its power to loan money to the United States Federal Government at interest. With the stroke of a pen, President Kennedy declared that the privately owned Federal Reserve Bank would soon be out of business. The Christian Common Law Institute has exhaustively researched this matter through the Federal Register and Library of Congress. We can now safely conclude that this Executive Order has never been repealed, ...

THE WORLD MONEY POWERS The Global MONEY Vampires are in control of the finances of most of the world. Here are some statements of those who, past and present, have been aware of that control:  GEORGE W. MALONE, U.S. Senator (Nevada), speaking before Congress in 1957, alluded to the families that secretly own the "Federal" Reserve Bank and control the finances of the U.S.. He stated: "I believe that if the people of this nation fully understood what Congress has done to them over the last 49 years, they would move on Washington; they would not wait for an ...

Oleg Lurye, the well-known investigative reporter for the biweekly newspaper Novaya Gazeta, has written an article in the paper's latest issue alleging that Anatoly Chubais, currently head of United Energy Systems (UES) and a leader of the Union of Right-Wing Forces (SPS), and Alfred Kokh, currently head of Gazprom-Media, were involved in large-scale money laundering via the Bank of New York (BONY). The article refers to a document first cited earlier this year by Novaya Gazeta concerning a trip Kokh made on January 3, 1996 to the Barbados, which, as Lurye notes, is known--among other things--as "an offshore haven for ...

-- There is a consensus among U.S. Congressional Investigators, former bankers and international banking experts that U.S. and European banks launder between $500 billion and $1 trillion of dirty money each year, half of which is laundered by U.S. banks alone. As Senator Carl Levin summarizes the record: "Estimates are that $500 billion to $1 trillion of international criminal proceeds are moved internationally and deposited into bank accounts annually. It is estimated that half of that money comes to the United States". Over a decade then, between $2.5 and $5 trillion criminal proceeds have been laundered by U.S. banks and ...

Bush Calls for World Bank to Increase Grants WASHINGTON (Reuters) - President Bush on Tuesday called on the World Bank and other development banks to make up to 50 percent of its cash disbursements to the world's poorest countries in grants rather than loans. "I ... propose the World Bank and other development banks dramatically increase the share of their funding provided as grants rather than loans to the poorest countries," Bush said in a speech at the World Bank. "Specifically I propose that up to 50 percent of the funds provided by the development banks to the poorest ...

Shadow Government of the United States and the Decline of America In spite of the difficulties facing America, there is still no other place I would rather live; however, our nation is at a crossroads, not unlike the difficulties faced by our forefathers. Many of the same conditions that prompted the Declaration of Independence prevail in America today. Of the indictments against the King of Great Britain, our Founders declared: "He has erected a Multitude of new offices, and sent hither Swarms of Officers to harass our People and eat out their Substance." There are literally hundreds of thousands of ...

With the DOW on the verge of extinction, and NASDAQ dead in the water, our savior, Lord Alan Greenspan, from the Church of Inflation Salvation, located in Swizerland, whose center of operations in the USA is New York, decided to open up the spigot and flood the banking system with virtual money. In the last two years, his holiness actually hiked rates six times, presumably because of inflationary pressures (too much money in the system). Considering the market's price range at the time of today's cut is exactly the same range as where the previous rate hikes occurred, one must ...