7 votes

Federal Reserve Charter

I am looking for some help here. I searched the forums, as well as the internet, and cannot find any answer to this. Some are saying that the Federal Reserve Bank's charter is due to expire on December 23, 2013. Others are stating that the end date on the charter was done away with back during the Depression and that it now has an open-ended charter.

While I haven't been able to find a definitive answer to this, I tend to believe the latter. Does anyone know?

Thanks.

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Now that we know that the Fed can be disolved by an act of

congress, and their charter became *open ended*, why don't we push for it again?

RP R3VOLution

Good to know

Good to know

The human race divides politically into those who want people to be controlled and those who have no such desire. - Heinlein

Federal Reserve Charter

I think I found the answer on the 100 year FED charter question.

Look at: https://www.kitcomm.com/showthread.php?t=85432&page=6

Post #54 says the following:

To put this discussion to rest.

The original Federal Reserve Act of 1913 did indeed provide for expiration of the corporate "power" of the twelve Federal Reserve Banks to exist in 20 years from the banks' organization (not the adoption of the Act).

Sec. 4 ... the said Federal reserve bank shall become a body corporate and as such ... shall have power: ... Second. To have succession for a period of twenty years from its organization unless it is sooner dissolved by an Act of Congress, or unless its franchise becomes forfeited by some violation of law. Federal Reserve Act of 1913 (P.L. 63-43, 38 STAT. 251, 12 USC 221).

However, this 20-year corporate life was changed to perpetual in 1927 by Act of Feb. 25, 1927 (44 Stat. 1234) as follows:

Second. To have succession after February 25, 1927, until dissolved by Act of Congress or until forfeiture of franchise for violation of law.

This is codified in the United States Code, 12 U.S.C. § 341. See http://www.law.cornell.edu/uscode/us...1----000-.html

This is where it stands today. Each of the U.S. Federal Reserve Banks can only be dissolved by an act of Congress or "forfeiture of franchise for violation of law."

So it looks like the FED got a 20 year charter on 23 dec. 1913 and on 25 feb. 1927, this was changed to perpetual..

The URL of Cornell looks very original.

So the charter is perpetual, or there must be some other change after 1927.

Only an act of Congress can end the FED.

Regards,

Rene Bense

thought i'd dig this back up

for others. My brother asked me about this a couple of days ago and I want to see if anyone has heard anything as of late.

one more time

I don't know about you guys

but it seems pretty obvious that the next major recession will be used to justify a global central bank.

the best way to prevent this is to talk about it and educate your neighbors about the problems of central banks.

bump for...

...liberty!

"First they ignore you, then they laugh at you, then they attack you, then you win!"
GANDHI

"The belief is worthless if the fear of social and physical punishment overrides the belief."

They will keep the scam going until it fails

When it does fail, their idea is to pass the baton to the IMF & force America into a regional government NAU, or world government.

James Madison: "History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling the money and its issuance."

____

"Take hold of the future or the future will take hold of you." -- Patrick Dixon

Here is a bump

for help.

Prepare & Share the Message of Freedom through Positive-Peaceful-Activism.

Is there an end date to the Fed Reserve Charter?

So... has anyone found the answer to this question?

Prof. William Greene
http://tender.tenthamendmentcenter.com/

So... has anyone found the answer to this question?

Any news on this?

More importantly, look up who your State's

representatives were at the time of the passage of the Federal Reserve Act back in 1913. We know what the intent of the Act was designed for, and we know it had to slide through underhanded, BUT SOMEBODY voted it in! Those that did vote it in, were either really dumb or completely schooled by the bosses. I tend to think the latter. Either way, those guys sold out our Country. Now, how do we get it back?

alan laney

One of our Senators was

One of our Senators was Nelson Aldrich who as you know was one of the ringleaders for the whole thing.

"What I want most from the government is to be left alone." GWT

http://www.meetup.com/RIRonPaul2012/

Thanks for the input

Thanks for the input everyone.

Here's the original 1913 Federal Reserve Act on pdf.

http://www.llsdc.org/attachments/files/105/FRA-LH-PL63-43.pdf

Its 31 pages long. I haven't examined it closely. I also don't know how subsequent legislation has affected it.

Thanks for the find...

...

"First they ignore you, then they laugh at you, then they attack you, then you win!"
GANDHI

"The belief is worthless if the fear of social and physical punishment overrides the belief."

The whole Library of Congress should be

online so people could research these kind of things. I would love to see the documentation for the approval of the income tax amendment.

You [the fed] are a den of

You [the fed] are a den of vipers and thieves. I have determined to rout you out and, by the Eternal, I will rout you out.

I think Ron Paul should use Jackson's message against this bank.

malo periculosam libertatem quam quietum servitium

I am an aristocrat. I love liberty; I hate equality. - John Randolph of Roanoke

I don't think they set it up the same way as before

The expiration part bit them in the butt before. By 1913 they understood that a standard charter wouldn't work. Congress can revoke their charter, but I'm almost 100% sure it doesn't have an expiration date.

OK going one step farther

The federal reserve only gets paid in gold certificates. It is the consensus that we are out of gold about this time and will be unable to pay the parasites anymore.

"Its easier to fool people than to convince them that they have been fooled."
Mark Twain

Alot of info at this site

http://www.the7thfire.com/new_world_order/final_warning/fina...

"Its easier to fool people than to convince them that they have been fooled."
Mark Twain

I remember someone here

Told me it was Dec 21 2012,I thought that was kind of freaky.

If I disappear from a discussion please forgive me. My 24-7 business requires me to split mid-sentence to serve them. I am not ducking out, I will be back later to catch up.

I have read the rumors,

but I have found no verification of expiration at any date.

Is it in

Ron Pauls book End the Fed ??

"Its easier to fool people than to convince them that they have been fooled."
Mark Twain

Samuel

I have been doing alot of research on this of late also. I agree this is a very important date with very little details available. I don't believe it is open-ended.
I found out that the Fed is paid in gold certificates and the Fed is divided into 12 districts (banks) that are possibly owned by foreign governments (still digging).
http://www.federalreserve.gov/otherfrb.htm

This is quite possibly the most important question of our lives and we need to know the answer.

"Its easier to fool people than to convince them that they have been fooled."
Mark Twain

Finding information about the Fed?

really makes me understand Dr. Paul's commission to audit it.

This topic is so old, I know but it's going to come back up because at all the rallies someone is bound to be there passing out this flyer "Did you know that on December 23, 2013, the Federal Reserve Charter expires?"

I did review the "pdf" document of the original text.
I asked Tom Woods about it tonight on LibertyChat and he was taken aback
I asked Ben Swann - he's looking into it as well

I've also found a number of people blogging on the web about it as of the Thrive movie release because Gamble gives a specific dates.

Basically, the blogs I'm reading all say that a congress AFTER the 67th in 1913 granted an open charter. If ANYONE has information that is different from this, it would be good to know. Again, getting info on the Fed is about as possible as finding Santorum supporters at a Santorum rally.

PEACE!