Must Listen: An Understanding of the Federal Reserve (a private CARTEL of Banksters)

The Creature from Jekyll Island, G Edward Griffin

http://www.youtube.com/watch?v=Zus8_xl8qUI&feature=player_embedded

Federal Reserve Act of 1913 essentially called for Congress to hand over its constitutionally granted power to issue and regulate money to a group of PRIVATE BANKERS.  

Congress authorized a privately held corporation to decide the monetary policy of the United States WITHOUT OVERSIGHT OR ACCOUNTABILITY. 

The Federal Reserve took control over the United States money supply in 1913. Since then, the buying power of a dollar has decreased by 95% according to data from the Consumer Price Index (CPI).

Each U.S. dollar has a "lien of ownership" that follows it wherever it goes. This lien transfers ownership of anything purchased back to the institution that created it, the Federal Reserve Bank. The FED is a private foreign bank.

Alan Grayson:  Which foreign banks were the recipients of Federal Reserve credit swaps, over half a trillion dollars?

Bernanke: "I don't know."

Alan Grayson: 

"Half a trillion dollars and you don't know who got the money?"

Bernanke: NO

The Fed doled out $12.3 trillion in near-zero interest loans, using the American people as collateral, demanding nothing in return, other than a bunch of toxic assets in some cases. They only gave this money to a select group of insiders, at a time when very few had any money because all these same insiders and speculators crashed the system.

Do you get that? The very people most responsible for crashing the system, were then rewarded with trillions of our dollars. This gave that select group of insiders unlimited power to seize control of assets and have unprecedented leverage over almost everything within their economies - crony capitalism on steroids.

Our economy has been looted and burnt to the ground due to the strategic, deliberate decisions made by a small group of unelected global bankers at the Federal Reserve.  The United States of America is run by an unelected Global Banking Cartel.

Despite the huge taxpayer bailout, the Fed did not make the appropriate demands on these institutions necessary to rebuild our economy and protect the needs of ordinary Americans.