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The Head of the Federal Reserve is Put in Place by the Most Powerful Banking Cabal in the World in Order to Fulfill Their One World Government Agenda. 

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The working public believes the head of the Federal Reserve (the Fed) is accountable to the president of the United States.

However, the Fed controls our global economy with no interference whatsoever from the president.

The Fed consists of its presidentially appointed Board of Governors, the Federal Open Market Committee (FOMC), and twelve regional, privately-owned Federal Reserve Banks.

The Fed banks are each governed by their own board of directors.

In 1982, Lewis v. United States, the U. S. Court of Appeals ruled that Federal Reserve Banks are independent corporations that lack enough federal government control to be considered federal agencies.

The same case, however, indicates that the banks are considered “federal instrumentalities” for state taxation immunity purposes.

The chairman of the Board of Governors attends two hearings before Congress per year. Fed banks report annually to the speaker of the house.

Beyond these perfunctory checks, the U.S. government has abdicated control and monitoring of the central banking system that decides when and how many American dollars to print, what interest rates should be, and where our money goes.

Therefore, the head of the Federal Reserve is twelve privately owned corporations.

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Centralized Banking is Dangerous

In 1789, Secretary of the Treasury Alexander Hamilton first promoted the idea of a central bank.

Many Founding Fathers vehemently opposed a central banking system. Its detractors included Thomas Jefferson, Andrew Jackson and James Madison.

Thomas Jefferson was convinced that letting banks have the power to issue money was a danger to liberty.

Andrew Jackson felt that Congress should not have abdicated its right to issue paper money by delegating that power to corporations.

James Madison expressed concern that, as had happened in the past, those in control of money would use it to control the government.

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When the Fed Prints More Money, Inflation Rises

Whenever new money is printed and circulated, it devalues the dollar overall, engendering inflation.

On the heels of the bank bailouts, the U.S. Treasury will issue bonds to bail out the economy and help reduce a budget deficit that will reach $1.7 trillion this year.

The head of the Federal Reserve will buy $300 billion of the T-bonds by printing the cash to pay for them.

When Bernie Madoff tried a Ponzi scheme like the one between the treasury and Bernanke,  he went to prison.

The head of the Federal Reserve putting $300 billion more in circulation will markedly devalue our dollar and exacerbate inflation, most severely impacting American workers.

Payouts to finance corporate executives will be useful in distracting working people from seeing the billions quietly passed to the treasury behind Bernanke’s back.

Remembering the concerns of Founding Fathers Jefferson, Jackson and Madison, how dear a long-term price will working people ultimately pay for this corporate-to-government “favor?”

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