The “FED” is a mystery to most of the citizens of this country. The Federal Reserve is a private banking or central banking system that is independent of the United States of America formed by a powerful few on Jeckel island in 1914. Many U.S Presidents forecasted trouble for the people of this country and stated that it is totally unconstitutional according to Article 1 of the Constitution of the United States, yet it exist and we fight over what to do over the national debt-yes this national debt– is the money we owe the “FED”. After the civil war Abraham Lincoln shifted the value from the slave to land consequently moving wealth from the south to the north. President Lincoln also had the big idea of the “Greenbacks” this was to get the country away from a central banking system, and as a result this was printed in-“The Hazard Circular”- in July 1862,”Slavery is but the owning of labor and carries with it the care of the laborers, while the European plan(Central banking system – Federal Reserve) is that capital shall control labor by controlling money. it will not do to allow the greenback as we cannot control that.” Lincoln wanted to eliminate the “Central Banking System” which created debt at a rate the country would never be able to climb out of. JFK also tried to thwart the debt creating “FED” with the Executive order 11110 which authorized the U.S. Treasury to print US Notes- free of debt-about 4 billion worth on June 4 1963. In all this talk of defaulting on a loan and debt ceiling woes we should wonder to WHO are we indebted. The FED is a private banking cartel a small group of people in other countries like London. One last question you might want to ask; where is the FED getting the money to give to us? http://www.youtube.com/watch?v=WKuAU76Dl18
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