No. 106 – September 22, 2011

THE REAL REASON FOR THE FED

I know, I have written about the FED before and my disdain for this illegal institution has not changed one iota.

Stick with me on this one.  It will be somewhat convoluted – but I assure you, once I am done – you will finally get the WHOLE picture.

But let me go back a little – about 600 years – and show exactly why the FED was established in the first place.

When Columbus “discovered” America, King Ferdinand and Queen Isabella of Spain wanted to know the significance of such a far flung land that nobody had ever seen – not to mention heard of.

Columbus was reported to have said, “There are enough trees to build your majesty a 1000 ship Armada.”  (The Spanish Armada).

That was enough for the King and Queen of Spain.

Fast forward to the Founding Fathers – most of whom had a hatred of any concept of a Central Bank controlled by secret, private investment bankers – who were responsible to no one but themselves.

That means secrecy would reign supreme – and there would be no audits of the money whatsoever.

George Washington was averse to ANY foreign involvements – least America get sucked into the petty, political skirmishes that Europe has ALWAYS been immersed in – even to this very day.  He wanted to avoid all such entanglements.

Thomas Jefferson knew the REAL reason that European Elites wanted to control our economy.  The IMMENSE POWER and UNBELIEVABLE WEALTH that America afforded – to help Europe keep up its wars and to FINANCE the Old World with the Gold and other abundant Natural Resources of the New World.

Andrew Jackson was adamant against the Central Bank and their criminal designs on America – for the benefit of Europe – at the expense of America and the American people.  Jackson was threatened with death many times for his stand on this subject.

Abraham Lincoln was totally against a FED and many suppose that his assassination had a lot to do with his steadfast refusal to go along with the milking of America – for the benefit of Europe.

John Kennedy was ready to abolish the FED when he was assassinated.  Many believe, to this day, that European operatives had a hand in his death – thus preserving the roll of this insidious institution.

Oswald and Jack Rudy were nothing but ploys – as was Castro.  We will never know the true story.  And just to make sure – the Warren Commission Report on the assassination of JFK was sealed – and guarded 24 hours a day – for 99 years.  That is real, unabashed POWER.

Remember, when Woodrow Wilson actually agreed to the establishment of a Central Bank, he later confided to friends that this was the biggest mistake of his life – bigger than involving America in World War I – a European War.

So, against the warnings of such prestigious American Presidents – the FED was established – and continues to this day.

Washington and Jefferson both warned that a Central Bank could, in essence, bankrupt America.

Jackson, Lincoln and Kennedy said the same thing.

In 1913 the FED was established – as was the Federal Income Tax (IRS) – to fund the political and economic agendas of Europe – not America.

We are precariously  near the financial collapse that our Founding Fathers so adamantly warned us against.

YES, KLEPINGER – YOU HAVE FINALLY GONE NUTS!

Not quite.

America, against the advice of Washington, established the FED – and we were drawn into both World War I and World War II.  How could George Washington known this would happen – over 200 years ago?

The answer is simple.  Washington was well aware of the immense POWER and WEALTH of the European MONARCHIES – and the lengths they would go to in RETAINING that power.

Some of the oldest monarchies in the world STILL reside in Europe – England being one of the biggest and oldest.

They still have Monarchy gatherings at secret places in Europe once a year.  Secret meetings!

And these monarchies relied on such powerful families as the Rothchild Family and other very well connected groups to fund their monarchies.

And where were these monarchies and families to get this financing?

From the New World.

Enough trees to build a 1000 ship Armada.

Enough Gold to sink ships on their way back to Europe with their greedy habit of OVERLOADING their cargo holds.

Imagine, SHIP LOADS of gold.  So much gold that many of the vessels sank to the bottom of the ocean.

And that is just the tip of the FED.

One caveat – and this is an important one.

Many people mistakenly blame the Jews – and the Rothchild Family in particular – as the brainchild of this complete misappropriation of American wealth.

But that is a ploy of giant proportions.  It is another attempt to blame the Jews for everything.

Are the Jews completely innocent?  Of course not.  Nor are the other denominations involved.

They a just a PART of the monarchy puzzle – the European Monarchy Puzzle.

Over the years, other countries’ leaders have come into the fold, and have supped at the trough of American largess, American goodwill – and American naive stupidity.

I know you are probably tiring of this, so at this point I will cut to the apparent facts that few, if any, readers are remotely aware of.

All of the below information was sent to me by a very good friend and reader of The American Telegraph.  Thanks Naida!

If any of this information is not accurate, please write to the Blog on The American Telegraph and tell us all what the real story is.

But as far as I am concerned this is true – and has been verified.  Please let us all know if you find out otherwise.

I confess that I do not know who the writer of this information is, but it is startling nonetheless, since much of this is a matter of the Congressional Record.

I take no credit for this information and would like to have the names of the people who wrote this – so they can receive proper accolades.  I am just reporting what was given to me.

Here is what I received:

“The first ever GAO audit of the Federal Reserve was carried out in the past few months due to the Ron Paul, Alan Grayson Amendment to the Dodd-Frank bill, which passed last year. Jim DeMint, a Republican Senator, and Bernie Sanders, an Independent Senator, led the charge for a Federal Reserve audit in the Senate, but watered down the original language of the House bill (HR1207), so that a complete audit would not be carried out.

Ben Bernanke, Alan Greenspan, and various other bankers vehemently opposed the audit and lied to Congress about the effects an audit would have on markets. Nevertheless, the results of the first audit in the Federal Reserve’s nearly 100 year history were posted on Senator Sander’s webpage.

sanders.senate.gov/newsroom/news/?id=9e2a4ea8-6e73-4be2-a753-62060dcbb3c3

What was revealed in the audit was startling:

$16,000,000,000,000.00 (TRILLION) had been secretly given out to US banks and corporations and foreign banks everywhere from France to Scotland. From the period between December 2007 and June 2010, the Federal Reserve had secretly bailed out many of the world’s banks, corporations, and governments.

The Federal Reserve likes to refer to these secret bailouts as an all-inclusive loan program, but virtually none of the money has been returned and it was loaned out at 0% interest.

Why the Federal Reserve had never been public about this or even informed the United States Congress about the $16 trillion dollar bailout is obvious.

The American public would have been outraged to find out that the Federal Reserve bailed out foreign banks while Americans were struggling to find jobs.

To place $16 trillion into perspective, remember that the GDP of the United States is only $14.12 trillion. The entire national debt of the United States government spanning its 200+ year history is only $14.5 trillion.

The budget that is being debated so heavily in Congress and the Senate is only $3.5 trillion. Take all of the outrage and debate over the $1.5 trillion deficit into consideration, and swallow this Red pill: There was no debate about whether $16,000,000,000,000 would be given to failing banks and failing corporations around the world.

In late 2008, the TARP Bailout bill was passed and loans of $800 billion were given to failing banks and companies. That was a blatant lie considering the fact that Goldman Sachs alone received 814 billion dollars.

As is turns out, the Federal Reserve donated $2.5 trillion to Citigroup, while Morgan Stanley received $2.04 trillion.

The Royal Bank of Scotland and Deutsche Bank, a German bank, split about a trillion and numerous other banks received hefty chunks of the $16 trillion.

When you have conservative Republican stalwarts like Jim DeMint (R-SC) and Ron Paul (R-TX) as well as self identified Democratic Socialists like Bernie Sanders all fighting against the Federal Reserve, you know that it is no longer an issue of Right versus Left.

When you have every single member of the Republican Party in Congress and progressive Congressmen like Dennis Kucinich sponsoring a bill to audit the Federal Reserve, you realize that the Federal Reserve is an entity onto itself, which has no oversight and no accountability.

Americans should be swelled with anger and outrage at the abysmal state of affairs when an unelected group of bankers can create money out of thin air and give it out to megabanks and supercorporations like Halloween candy.

The list of institutions that received the most money from the Federal Reserve can be found on page 131 of the GAO Audit and are as follows:

Citigroup: $2.5 trillion($2,500,000,000,000)

Morgan Stanley: $2.04 trillion ($2,040,000,000,000)

Merrill Lynch: $1.949 trillion ($1,949,000,000,000)

Bank of America: $1.344 trillion ($1,344,000,000,000)

Barclays PLC (United Kingdom): $868 billion ($868,000,000,000)

Bear Sterns: $853 billion ($853,000,000,000)

Goldman Sachs: $814 billion ($814,000,000,000)

Royal Bank of Scotland (UK): $541 billion ($541,000,000,000)

JP Morgan Chase: $391 billion ($391,000,000,000)

Deutsche Bank (Germany): $354 billion ($354,000,000,000)

UBS (Switzerland): $287 billion ($287,000,000,000)

Credit Suisse (Switzerland): $262 billion ($262,000,000,000)

Lehman Brothers: $183 billion ($183,000,000,000)

Bank of Scotland (UK): $181 billion ($181,000,000,000)

BNP Paribas (France): $175 billion ($175,000,000,000)”

WHO HAS HEARD ABOUT THIS?

As stated earlier, that was was sent to me.  Please let me know if you have other information to substantiate this information.

If this is true, it is beyond comprehension why this is NOT the NUMBER ONE platform of any candidate running for President.

But wait – there is ONE person who has tried to wake us all up:  Ron Paul.

And the corrupt WORLD MEDIA is trying to make sure that he NEVER gets the nomination, much less be elected as the President of the United States of America.

If that happens, word is out that his fate will end up exactly like that of Presidents Lincoln and Kennedy.

This group of ultra secret – UNELECTED BANDITS – will stop at nothing.

This fact of the FED bankrupting all of America should be brought up at every political gathering, every political debate and every discussion with our “representatives” every day – until the FED is finally – and completely abolished FOREVER – along with the Internal Revenue Service.

I repeat – abolished.  Not amended or “fixed.”

ABOLISHED!

THE ELECTORAL COLLEGE

I have never liked the idea of the Electoral College.  It has always been a puzzle to me that our Founding Fathers would establish such an institution – when considering their profound desire to establish a free, democratic Republic.

But that is what they did – along with excluding American Indians and women from voting altogether, African Slaves (a portion thereof devised as a fraction for voting purposes of their owners) and also persons who did not own sufficient land.  Basically, white male, landed gentry, were the only ones who were allowed to vote in the early years of the Republic.

Of course, all of this has changed over the centuries but the institution of the Electoral College still remains.

In theory, when this group meets in December of Presidential election cycles, they can cast their votes for whomever they want – although precedent has, for the most part – seen electors vote as the people voted, thus “confirming” the next American President.

I have always felt that the original writers of the Constitution were not completely convinced that WE THE PEOPLE could really be trusted with electing our own President – and wanted to have a “safety valve” just in case some “unfit” person were to rise to the presidency.

That being said, and my abhorrence of this institution fully noted, it is still the situation as we know it today.

Another reader sent me this information and I wanted to pass it along to The American Telegraph readers for your own information and enlightenment.  Thanks, Gerrit!

If you are so inclined, and wish to see how the system really works, I suggest that you click on to the link below and avail yourself to this Constitutional invention.

For those of you who are not fully aware of how it works it will be a real eye-opener.

When you tie in the FED – the IRS – and the Electoral College – together in one big, red, white and blue bow – you will discover how free WE THE PEOPLE really are NOT.

http://electoral-vote.com/

Remember, November 2012 is just around the corner – and Hillary is peeking around that very same corner.

If she enters the race (as I predicted about a year earlier than Rush Limbaugh) the whole game will change.

We are just in the first innings of the Presidential Race of 2012.

Until next time, keep thinking positive and never give up.

Best wishes,

Lawrence Klepinger
Editor/Publisher
THE AMERICAN TELEGRAPH