-54 votes

The End the Fed Deception

When Ron Paul stands in front of his cheering supporters as they chant “End the Fed,” “End the Fed,” “End the Fed”…. There are two meanings that are being projected and two interpretations that are simultaneously set in motion from that chant:

The first meaning and interpretation comes from Ron Paul supporters. A large number of Ron Paul supporters who chant “End the Fed” didn’t learn about the Fed through Ron Paul, they learned about the Fed from online documentaries exposing the true nature of the Fed… that it’s a private central bank owned by private banking families out of London and Wall St that are decedents from the original goldsmiths that are hell-bent on establishing their New World Order through the control of the world’s money systems.

The second meaning and interpretation of “End the Fed” comes from Ron Paul, the owners of the Federal Reserve and those in the mainstream public. They mean it and interpret it as “End the Fed” meaning, ending the big federal government.

When Ron Paul goes on the mainstream networks he says either “End the Fed” or more often “curtail the Fed” within the same context as “ending or reducing big Federal government, or the Federal government shouldn’t be running the economy. Allow the “free market” to function and keep the Federal government out of the economy. Well the mainstream viewers are interpreting that to mean that the Federal Reserve is a part of the Federal government… when RP says “End the Fed”.

This is the exact perception that the owners of the Fed want the general public to have, that it’s the government who owns the Fed and the Fed is part of the government and the Fed has nothing to do with “running the economy” and it’s the government making the Fed print all this money, and not for the private owners of the Fed and their banks, but for the “big government.”

The deceptive solution offered to solve this deceptive problem is to give more power to the “free market” and take more power away from “big government.”

This is deceptively moving the American people towards a global financial system controlled by world government. The ”free market” does not mean the “free USA market”… the “free market” means the “free GLOBAL market.” And the ones who are controlling the “free GLOBAL market” are the same ones who control the US domestic market by controlling the money and interest rates… they are the private owners of the Federal Reserve.

With a less powerful US government unable to have any say in the affairs of the “free GLOBAL market”, lest they interfere with the natural “laws” and “principles” that naturally regulate the market for the benefit of the majority and not the few (another deception), it will be much easier for the USA and its people to be cleverly merged into a new global “free market” where all world “governments” are to keep their paws off and allow the natural “laws” and “principles” to regulate the "free market" global economy for the benefit of the majority under the stewardship of private interests (owners of the Federal Reserve). To assist this global “free market” they’ll need “sound money”… money the world can trust…. money that’s partially back by “value”

One expedient way to deceive the American people, and all the nations of the world, into a global “free market” is to trick them into thinking that they still have their currencies and that their currencies are “competing” on the free world currency market where in actual practice all currencies will be the same because they’ll be backed by the same amount of commodity and they’ll all bear the same interest rate as determined by the true owners of the new currency(ies) who will be the current owners of the Fed.




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Atemmpting to validate any information in reference to these....

super wealthy bloodlines (i.e. The Rothschild Dynasty) is lioke trying to validate the existence of GOD. It cannot be done. There three hundred year history is shrouded in layer after layer of clandestine secrecy. It is comparable to accurately stating the families net worth. Not one individual in this world is capable and it will never be accomplished. There is a project for you for you sound up to the challenge.

Republicae's picture

Honestly, there is no need to

Honestly, there is no need to seek to accomplish such a feat because it will, in the end, have no bearing on the subject at hand. Historically, there is of course interest in the subject of the Great Banking Houses, but then again, why bother because Murray Rothbard actually has delved into the subject quite extensively in his The History of Money and Banking in the United States. Have you read it? If not then I highly recommend it. Also, a book that I think you will find interesting is America's Money Machine by Elgin Groseclose, you will see something conspicuously missing in that history, after you read it, let me know if you see what is missing?

http://militantjeffersonian.com

"We are not a nation, but a union, a confederacy of equal and sovereign States" John C. Calhoun

Ron Paul, a student of history and the Fed believes the Fed.....

is a private organization ( or perhaps a more specific description of what it actually is-- a Cartel under the guise of a fascist organization). Would you not agree with this definition? Ron Paul has read hundreds of books on Austrian economics and the Federal Reserve System. I guess RP is completely incorrect about his assessment of the FED and its history. Whatever, you appear to have concluded your beliefs on this subject matter.

Republicae's picture

Acutally, Dr. Paul, a

Actually, Dr. Paul, a follower of Mises and a student of the works of Murray Rothbard, does not believe that it is a private organization. He knows what it is and has said so many times. He holds the same view as Mises and Rothbard, that the system is a Mercantilist system, the cartelization of the banking industry through government edict and monopoly powers. Dr. Paul completely understands and has written that the FED is what could be considered Quasi-Private in that there are shareholders who, though not private individuals, are member banks, which are, by law, forced to be members and hold stock in the FED. That is substantially different than the MEME that the FED is a private banking corporation.

Thus, the idea that banks control the FED and have, as a result, gained completely control over the issuance of U.S. Currency is superficial at best. The facts are, as Dr. Paul and others have stated time and again, that there is what amounts to a hollow ownership of FED shares, but not controlled ownership of the FED by its member banks, which are the stockholders. If the fact is known and understood, the whole purpose of allowing member banks to be stockholders is not to provide them with the rights and power of ownership, but to provide the government with a cloak of legitimacy in its claim that the FED is independent of political influences. Unlike an actual private corporation, the holding of FED stock does not carry any control or, for that matter the conveyance of financial interest other than the limited dividend return on the stock, it does not therefore convey the same as a for-profit corporation stock.

I don’t want to bore you with the particulars because we could write a book on the subject of various corporate structures, including Special Purpose Structures. If you have even the most elemental, the most rudimentary understanding of accounting principles then you would know that “ownership” of any entity without actual control over it does not convey actual ownership in the accepted definition of the word. Thus, as with the FED, the absence of the right and power to appoint the Board of Governors, which is essentially the board of directors, consolidates the FED into something other than an actual corporation, in particular it cannot be a private corporation under such legal limitations and structural format. There is therefore, a type of split or divided structure to the Federal Reserve System in toto, making the issue of “ownership” of limited significance.

Thus, any type of organizational structure, particular those of a corporate nature, must follow definitions that are legally either inclusive or exclusive. A privately owned corporation must, under definition, have control, the power to direct the activities of the entity itself. That is not the case with the FED. To find and test such a definition when speaking of the FED, one need look no further than the Federal Reserve Act itself. The Act, gives a delineation of actions within the FED, it instructs the Regional Federal Reserve Banks to elect their own board of directors, of which the Chairman and Vice Chairman will be appointed by the Board of Governors, which are appointed by the President and confirmed by the Senate. So, where is the controlling power? It appears to be a system of delegated authorities, coming from the President with Senate approval, then to those appointed by the President, which is the Board of Governors, from the Board of Governors, the Regional Banks Boards are selected. It is obvious, from that structure that the Regional Banks and their Board of Directors do not therefore, have control. It is those Regional Banks that are closest to the member banks that hold stock in the FED. You can find most of this information under the “Purposes & Functions” document through the Government Printing Office, or get it online.

Therefore, the primary requirement for “Variable Interest” or the power to direct activities is completely fulfilled as to the definition of ownership and control, that fulfillment is found in the Federal Government, not in some private banks, the President holds the power to direct activities under the definition because of the structure of the authority as delegated. The fact that the FED’s power to create and control currency combined with the vested interests of the federal government is more than sufficient to infer that the Federal Government is the entity that has “the right to receive benefits” under the definition of “Variable Interest” within the structure of the FED system. Now, since the federal government assumes the right to receive benefits, it is the primary beneficiary of the entire Federal Reserve System. The income from the Federal Reserve System is primarily derived from the interest on U.S. Government Treasuries through the open market operations of the FED. Other income sourced at the FED includes a variety of foreign currency investments, interest on loans to depository institutions, and fees associated with the FED serving as a clearing facility for depository institutions. Now, after all the expenses of the FED are paid each year, including the 6% dividends paid to the member banks, the FED is obligated and does turn over the remaining earnings to the U.S. Treasury, thus between 95 and 97% of all earnings that come into the FED are turned over to the federal government who has, by the law that created the FED, the sole right to receive such benefits.

What the Federal Reserve is therefore, and Dr. Ron Paul is well aware of this structure, is a SPECIAL PURPOSE ENTITY of the federal government, it can be nothing else due to the structural form of the FED.

Thus, my views are exactly the same as Murray Rothbards, as Ludwig von Mises, G. Edward Griffin and yes, of Dr. Ron Paul’s on the subject.

http://militantjeffersonian.com

"We are not a nation, but a union, a confederacy of equal and sovereign States" John C. Calhoun

So basically what you're stating is that you agree with the FED

in that the FED (much like the IRS is a quasi-private governmental agency). Though perhaps not "private" in the Webster definition sense of the word, it is in fact a private fascist organization. Do you at least agree with this description of the Federal Reserve System?

Republicae's picture

Ah, I agree with Dr. Paul,

Ah, I agree with Dr. Paul, with Rothbard, with Mises, with Griffin...if you can say they agree with the FED, as to the structure of it, then so be it. I'm not sure your point. I have stated, in detail, what the structure of the FED is, the definition is within that structural form, both legally and functionally.

I do not however, agree with Soleprobe, DrKrbyLuv, LibertyBaby, Dr. NO and others like Evil Warlord.

http://militantjeffersonian.com

"We are not a nation, but a union, a confederacy of equal and sovereign States" John C. Calhoun

What's your point exactly?

to me it looks like a lot of disinfo.

Don't "End the Fed", Take it over... occupy it

To the owners of the Fed it’s all about keeping control of American money in their private hands. You can abolish the building, you can abolish the name but if you do not abolish their control of the money you haven’t changed a thing and the American people will still be in bondage. The American people should NOT “end the Fed”, the American people should take over the Fed... occupy it. ....use the profits that normally go to the owners of the Fed to run the government and abolish ALL taxes.

You don’t have to change the money, you don’t have to change the name and you don’t have to change all the buildings. The money, the buildings with all 12 branches, and the name will now become the property of the American people. All ya gotta do is go take it over... occupy it.

They have the perfect money system all set up and ready to roll. Why reinvent the wheel? It worked perfectly for them for the last 100 years it will work perfectly for the people. It’s a lot easier to occupy the Fed than to occupy the government. All ya have to deal with is a bunch of ugly fat cats in suits and a few buildings. They're the money masters, learn from them how to make money. Why let those hundreds of years of experience making money go all to waste?

"When the power of love overcomes the love of power, the world will know peace."
Jimi Hendrix
http://www.youtube.com/watch?v=odcGSi286a4&feature=plcp&cont...

Republicae's picture

SOLEPROBE....You are so full

SOLEPROBE....You are so full of it I can smell you from here.

http://militantjeffersonian.com

"We are not a nation, but a union, a confederacy of equal and sovereign States" John C. Calhoun

First we need to remove the criminals from our government

that would leave less than a handful.

Then we need to take control of the money.

Then we have to abolish all the criminal rules and regulations and set the people free.

It's the same criminals running both the government and the Fed, so what exactly is your point??

now that i read the

now that i read the responses, i don't even know why i wasted my time with my previous comment.

So you're making the claim

So you're making the claim that the fed is strictly private? How is it that the government enforces the dollar then? If it was strictly private, there'd be no problem with me introducing a new currency then, right?

I guess I misunderstand what your underlying point is here. Is it that Ron Paul is actually an insider who is duping us all?

As long as we all remain citizens of the 'district of columbia' instead of our respective states, does it even really matter?

"So you're making the claim that the fed is strictly private?

How is it that the government enforces the dollar then?"

Because they're subservient to the private Fed. everyone in America are slaves to the private Fed.... especially most everyone on this board.

"When the power of love overcomes the love of power, the world will know peace."
Jimi Hendrix
http://www.youtube.com/watch?v=odcGSi286a4&feature=plcp&cont...

Republicae's picture

Really, then by all means you

Really, then by all means you should be able to actually give detailed examples of such subserviency. If it were subservient then I doubt very seriously if Dr. Paul would be the Chairman of the House Domestic Monetary Policy Subcommittee, that's like putting your worst enemy in charge of your house. Why would the FED, and its very occult "owners" in London, as you say, ever allow Dr. Paul to even be elected to such a position, a position that has allowed him to expose the FED, call for competing currencies, for audits, for reformation and its end, if they were so very powerful, so you say?

In fact, if the FED were private and these occult "owners" so powerful, why on earth would they allow for the Federal Reserve Act to have a clause that Congress could repeal that act, thus destroying the entire Federal Reserve Banking System. Surely they had to have more foresight to understand that a political reality could change drastically. Again, your logic is completely skewed, off kilter and obviously swayed by indoctrination from the Greenbacker dogmatist.

Your assertions, not only this one, but just about everything I have read of yours, are completely illogical. You appear to be little more than an indoctrinated dogmatist that hasn't got a clue about what he is writing about...but that's not really that surprising since all of you Greenbackers tend to say, almost word for word, the same thing.

http://militantjeffersonian.com

"We are not a nation, but a union, a confederacy of equal and sovereign States" John C. Calhoun

yeah and the government is

yeah and the government is the force that keeps it in power

or rather 'by force'.... we all keep it in power by using FRNs

"we all keep it in power by using FRNs"

And those FRNs have been appreciating... hard to let something go that appreciates

"When the power of love overcomes the love of power, the world will know peace."
Jimi Hendrix
http://www.youtube.com/watch?v=odcGSi286a4&feature=plcp&cont...

Republicae's picture

FRNs appreciating? Strange,

FRNs appreciating? Strange, but that is not what the numbers tell us. Where on earth do you get the idea that FRNs are appreciating? Even the official CPI numbers point to something very different, a depreciating currency that has been subjected to massive monetary inflation, with price inflation snapping in hard.

A couple of months ago, it would have taken $22,870.00 FRNs to buy what $1,000.00 bought in 1913, this month it takes $23170.91 to buy what $1,000.00 bought in 1913. That's an enormous amount of depreciation within a very short period of time. The actual inflationary depreciation rate of the FRN is substantially higher, perhaps, in many cases as the depreciation works its way through the pricing structure, as much as 10 to 12%.

Now, if your assertion were true, and it's not, the value of the FRNs in real terms would have increased the buying power of the money substitutes, but that's not what's happening. So, where on earth, what bogus website did you get that ludicrous idea from? If I had to guess, it would be from some source on a Pro-Greenbacker site...which would definitely explain the disconnect from reality!

http://militantjeffersonian.com

"We are not a nation, but a union, a confederacy of equal and sovereign States" John C. Calhoun

If FRNs are appreciating, legal tender laws to force their

acceptance as repayment of debts would be superfluous.

Republicae's picture

EXACTLY!!!

EXACTLY!!!

http://militantjeffersonian.com

"We are not a nation, but a union, a confederacy of equal and sovereign States" John C. Calhoun

What is with this hatred for the institution of government?

I can understand the hatred for corrupt government leaders but the institution of government is the only means of defense citizens have against predators who want to enslave the masses. The only ones that I know who so vehemently hate the institution of government as much as many here in this discussion are the owners of the Fed… The institution of government empowered by it’s citizenry is the only obstacle they have towards achieving their one world government. Which leads me to suspect that most of the participants in this discussion are of the same.

"When the power of love overcomes the love of power, the world will know peace."
Jimi Hendrix
http://www.youtube.com/watch?v=odcGSi286a4&feature=plcp&cont...

That's akin to saying that

while you mind the executioner, you don't mind the gas chamber.

"What is with this hatred for the institution of government?"

Because ALL governments are EVIL. Period.

It only operates on faith. As long as a given sheeple populace deem it legitimate, even dictatorships last, for the same reason.

The more you give powers to the govt, the more you're simply asking the same corporatist factions that you seem to protest, to take it over, as they'd have an incentive to.

This is too long a topic to parse, and this statist chicken nonsense has been choked and stroked to death, more times than anyone cares to remember, especially on liberty sites like DailyPaul.

While I empathize with what you're saying, for those of us who've researched origins of govt/The State/The Leviathan and corporations, it literally sounds ridiculous to merely want to boot the Gambinos for the Genoveses, in hopes that the latter opening up their social clubs to fleece you (remember the house always wins?), is somehow akin to you becoming part OF the club, like some housesitter for a rich East Hamptons couple inviting friends over pretending as if it's actually his home: http://www.youtube.com/watch?v=IErlI34-0so

Study history and anthropology/sociology: the only reason why governments grew, were SPECIFICALLY for wars. PERIOD.

The only reason why unnatural mega sized corporations and monopolies popped up, were also to specifically build industries that would facilitate those wars. Same, with fiat monetary banking.

There's a reason why the Founders made sure to point the guns away from domestic citizenry and only toward foreigners: they knew it was natively evil, so sought to limit it the best they could. What they were counting on were their progeny on being as suspicious of govt as they were, not knowing having a Federal Govt with powers to tax would eventually make the greatest free market experiment into the biggest continuous funding mechanism for perpetual war and the military ind. complex that supports it.

I'd ask you do a bit more research on the nature of corporation, and monetary origins and history. You want more of the leftist explanation for the current corporatist structure? Google Douglas Rushkoff on Renaissance origins of modern corporatism.

Beyond that, if you still think govt is the only thing standing in the way of corporatists, not realizing that govt itself legally and technically is just another corporation that's convinced the majority of population that they need it, and have a real say in it, all the while enslaving you to the dictates of unelected ans (s)elected few, can't help you.

You're gonna have to figure this all out on your own. Because what your post is attempting to do, to try to 'convert' people to such worldview that we 'need' govt to be bulwark against corporations? That circular train of non-logic's long left the station, at least by most of DailyPaul members, from what I can gauge. At least I would hope most here have a healthy disdain for the State, the Leviathan, Statism and Corporatism in ANY form.

Predictions in due Time...
http://www.youtube.com/watch?v=zGDisyWkIBM

"Let it not be said that no one cared, that no one objected once it's realized that our liberties and wealth are in jeopardy." - Dr. Ronald Ernest Paul

Republicae's picture

KUDOS!!!

KUDOS!!!

http://militantjeffersonian.com

"We are not a nation, but a union, a confederacy of equal and sovereign States" John C. Calhoun

Thank you Ancap...

For conveying my exact thoughts. Your guage is dead on with this Daily Paul member.

**************************************************************

sharkhearted's picture

Bravo...

~Chris
Norfolk, VA

~Chris
Norfolk, VA

Time to INVESTIGATE the investigators of 9/11. PROSECUTE the prosecutors. EXPOSE the cover-up.

sharkhearted's picture

You are talking Thomas Hobbes nonsense...

I for one, as would many of the Founders of this country, and many on here...would chuck Hobbsean thought out the window as the rubbish it is...and refer instead to that of John Locke.

It was Locke, not Hobbes, that shaped the founding of this country.

Yes government is a means of defense, but not the ONLY means of defense against predators. There are others: like the quiet, peaceful, but powerful grassroots rEVOLution that is going on right now.

And then there is also that backup: the barrel of our 2nd Amendment rights...which, like every other natural right...is not deemed or protected or merely defended by 'government'.

No...each natural right preexists any government decree or posited law.

Natural rights preexist.. without government decree...and are non-separable or 'inalienable' from the individual.

Also...your talk of government...is in error. What is the government? It is not some august 'other' on Mt. Olympus to defend and justify its existence.

No. A thousand times no.

The government is US. You know....WE the people.

The government exists for us, by us, and is subservient to us in ALL respects.

So...given the 150-year-old grab for power that has turned our federal 'government' into a monster (not unlike the 'private' monster called the Federal Reserve, or the Money Trust...which I agree with you, is bad enought)...but contrary to your observations here...it is COMPLETELY APPROPRIATE to criticize the government...and yes, where necessary, express utter contempt and hatred for it.

Count me in on that one.

"Government is, at best, a necessary evil, and at worst, an intolerable one." (Thomas Paine)

~Chris
Norfolk, VA

~Chris
Norfolk, VA

Time to INVESTIGATE the investigators of 9/11. PROSECUTE the prosecutors. EXPOSE the cover-up.

"Because ALL governments are EVIL. Period."

there's a difference between "institution" of government and the "people" running the government. The government can only be as good as the people running it.... you and many others are deliberately trying to confuse the too so that the function of government falls into the hands of private evil men under the guise of the "free market". these evil men are the ones who rule the "free market" by their control of the money...

It's not complicated... this whole movement... like the Dems, the GOP, the Greens.... is just another deception by the same..Why don't you just call yourselves "free market anarchists"... it does have a nice ring to it. "In sound money we trust"

"When the power of love overcomes the love of power, the world will know peace."
Jimi Hendrix
http://www.youtube.com/watch?v=odcGSi286a4&feature=plcp&cont...

sharkhearted's picture

Answer:

Yeah but if the institution is flawed in the first place...IE the Federal Reserve. No redemption there, for sure.

And how about I take the negative to your statement: "The government can only be as bad, as far as its facilitators want to take it down to...."

Yeah....in sound money we DO trust...but with a watchful eye.

What is your answer? In the almighty Sovereign we trust???

And yeah, now that you have seen the thought pattern of the minarchist or even the anarchocapitalist.

What is yours? Give me your justification for your position?

Obviously you addressed NONE of the references to Hobbes and Locke....so if you forgot about that portion of the thread here is your opportunity now to redress.

~Chris
Norfolk, VA

~Chris
Norfolk, VA

Time to INVESTIGATE the investigators of 9/11. PROSECUTE the prosecutors. EXPOSE the cover-up.

Obviously you addressed NONE of the references to Hobbes and .."

I have no need to.... I don't need to get bogged down disputing the views of every "expert" economists on the planet to understand a scam.

It's all this phony keynsian vs mises ... the same as the dem vs repub... they have to make it as confusing and complex as possible to bog people down to keep them from seeing the simplicity of their looting operation through debt.

The entire RP movement (less those who are deceived) is an orchestrated scam to keep the private control of money where it is right now and to continue the vile practice of usury. I didn't believe it three months ago, I didn't believe it six years ago, because I was too blinded by the hopes of peace provided through his foreign policy to look any further.

But without taking the control of money out of private hands there is no hope for peace.

I got deceived.... it aint the first time that's for sure... and maybe wont be the last.

"When the power of love overcomes the love of power, the world will know peace."
Jimi Hendrix
http://www.youtube.com/watch?v=odcGSi286a4&feature=plcp&cont...

Republicae's picture

From what you have written

From what you have written Soleprobe, on this and other threads, it definitely appears that you are not only deceived, but more than a little confused!

In fact, I would say that you are none other than DrKrbyLuv operating your agenda under yet a different screen name. I say that because you use some of the exact phraseology in your comments as DrKrbyLuv has used over and over again. Indeed, you appear to repeat similar proposals as DrKrbyLuv with the same construction…

Thus, your once again pose certain assertions that are based on certain assumptions. You have yet to provide anything that approaches the definition of concise ideas, or for that matter even concise thoughts on the subjects you present. The thing about you position is that the entire system, including those of us on the DP that don’t agree with you, is a scam, part of a larger and obviously undetectable conspiracy that you seem to have privy of, but it is hidden from all others because we prefer to actually delve into factual information instead of playing around with such assumptions as you present.

Thus, due to the fact that you have no facts to adequately support your position, you must therefore, now resort to calling the whole RP movement a scam. Really? Is that the best you can do, certainly anyone with an iota of intelligence would have far more in his mental arsenal of conspiratorial thinking?

You see, your own words decry the flaccid nature of your arguments, your own words denote your inability to form a substantial argument for your position. Why is that? Why do you have such an overwhelming weakness that you must resort to such things, are you not ashamed of such lily-liveredness and the apparent vacancy of independent thought that is obviously present within your mind to even consider saying such things as you have?

http://militantjeffersonian.com

"We are not a nation, but a union, a confederacy of equal and sovereign States" John C. Calhoun

sharkhearted's picture

Regardless if its is the first or the last time you are deceived

...hopefully it will be the last time you will comment on it!

~Chris
Norfolk, VA

~Chris
Norfolk, VA

Time to INVESTIGATE the investigators of 9/11. PROSECUTE the prosecutors. EXPOSE the cover-up.