10 votes

Is the Federal Reserve Charter Expiring In Two Days?

I have read that they were granted a 100 year charter, however i have also read that that is untrue.

I would err on the side of caution, and if something as significant as that were approaching, Ron Paul would have something to say about it. Which, as afar as I can tell, he hasn't.

Oh well. I'd still expect some form of blood sacrifice to commemorate the milestone.



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Bill Still reports: "Fed's

Bill Still reports: "Fed's 100 Year Charter"

http://www.youtube.com/watch?v=0oSO8mqJso4

You do realize that the law does not include

A term limit for the charter.

From the Federal Reserve Site.

Is the Federal Reserve Act going to expire?

No. The Federal Reserve Act of 1913--which established the Federal Reserve as the central bank of the United States--has been amended or altered by the Congress numerous times over the years, but the act has never included an "expiration date" or repeal date. As stated in the law itself, the Federal Reserve Act can only be repealed, amended, or altered by the Congress.

Yeah, that's what they say ...

... but then again, they are LIARS, THIEVES, and experts at DIS-INFORMAITON.

Not that it's a big deal, but the original legislation said that the Federal Reserve Banks would have existence for 20 years. See below, under Section 4, near the bottom of page 4, where it says, "SECOND: To have succession for a period of twenty years ..."

http://www.llsdc.org/assets/FRAdocs/fra-lh-pl63-43.pdf

That was changed in 1927 to perpetual existence for the FR banks, so that they would not have to go to Congress every 20 years for renewal (they didn't like how that turned out with Andrew Jackson).

See my post below for the link to the current statute, which replaced the above language from 20 years to unlimited.

Thanks for the info Tommy

I did not see your post.

Let's go for an Ivy League Hay Ride! 1934.

1934 Chicago Tribune Editorial Cartoon
(Click links or cartoons to enlarge)

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Great Cartoon

Where in the world did you find that?

You are only a right click away (right click on the cartoon).

For a more definitive answer from 5 encyclopedic friends of the Fed, try this: First Bank of the United States: 20 year charter 1791-1811; also see War of 1812.

Second Bank of the United States: President Andrew Jackson sees to it that their charter is not renewed. 20 year charter 1816-1836; also see bank run, 1837.

Similar cartoons: Leon Trotsky, Russian Communist. Click to on link to see a page of such cartoons.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

all i keep thinking when i

all i keep thinking when i read about this is...

a 100 years ago, folks who wanted the fed promissed folks at the time, that the fed would only last for 100 years, for reason that was given, an action to fix something, came about out of apparent necessity, one method out of many im sure, ......they made this promiss, and 100 years later, all signs point to the current upstanding elitist's that they will be spitting on those folks who said yes, ONLY on the basis that it would last for 100 years

no fucking conviction, how can they expect us to respect the things THEY do, knowing the value they put on promises.......something i hold more value in, then some, lets say, binding LEGAL contract.......WHICH....i assume they will break too if they continue the fed......so their cheating the very system they created......ASWELL.........

The value of a promiss is priceless

Your not showing us how we can TRUST you with this kind of behaviour, your showing us, HOW, can we trust you, with this kind of behaviour.

It was never 100 years ...

... it was originally 20 years (1913-1933), but became perpetual (no end date) in 1927.

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

http://www.law.cornell.edu/uscode/text/12/341

Original Federal Reserve Act of 1913:

http://www.llsdc.org/assets/FRAdocs/fra-lh-pl63-43.pdf

One interesting thing is that 1933 date. That was when the original act was to expire. It is also the year that FDR took office and his first two acts in office were to (a) institute a bank holiday, and (b) to confiscate Americans' gold.

I think these two events were related to the Federal Reserve's theft of Americans' wealth, but have not found definitive references.

U.S. Gold sent to Federal Reserve & their definitive references

April 5, 1933: A day that will live in infamy! Gold illegal! 04/05/2011 Definitive Friends
Golden EO: April 20, 1933 Another Golden Rule, 04/20/2011 Friends of Definitive Friends

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

God; that just makes me sick, looking at that.

What a blatant act of theft. I mean really, how could something like that get by. It's pure, unadulterated give-us-your-money, THEFT!

"If Tyranny and Oppression come to this land, it will be in the guise of fighting a foreign enemy." -- James Madison

The Key Words Are:" until dissolved by Act of Congress"

As long as Congress is bought off, most Americans are to become "SLAVES" of the federal reserve system and their cronies.

beesting

Good link for some discussion

The Federal Reserve is NOT ending in 2012...or 2013

http://www.godlikeproductions.com/forum1/message1843949/pg1

"If this mischievous financial policy [greenbacks], which has its origin in North America, should become endurated down to a fixture, then that government will furnish its own money without cost. It will pay off its debts and be without debts. It will hav