Making Sense of the Federal Reserve

[walter]

https://www.stlouisfed.org/in-plain-english/who-owns-the-federal-reserve-banks

This website is an interesting read.


The Federal Reserve Banks are not a part of the federal government, but they exist because of an act of Congress. Their purpose is to serve the public. So is the Fed private or public?

The answer is both. While the Board of Governors is an independent government agency, the Federal Reserve Banks are set up like private corporations. Member banks hold stock in the Federal Reserve Banks and earn dividends. Holding this stock does not carry with it the control and financial interest given to holders of common stock in for-profit organizations. The stock may not be sold or pledged as collateral for loans. Member banks also appoint six of the nine members of each Bank's board of directors.

[pumpkin]

If you want to understand the Federal Reserve read The Creature from Jekyll Island. Government was bankrupted via bankers wars. The government is prohibited from making pure fiat currency, so they made a deal with the creditor banks to borrow the pure fiat currency instead, giving the bankers full control of the fiat (the fed determines what is 'real' money and what is not) A mere sidestep of a constitutional prohibition (unconstitutional as hell). Though the book doesn't directly mention it, Satan is personally involved.

[David Merrill]

https://www.stlouisfed.org/in-plain-...-reserve-banks

This website is an interesting read.


The Federal Reserve Banks are not a part of the federal government, but they exist because of an act of Congress. Their purpose is to serve the public. So is the Fed private or public?

The answer is both. While the Board of Governors is an independent government agency, the Federal Reserve Banks are set up like private corporations. Member banks hold stock in the Federal Reserve Banks and earn dividends. Holding this stock does not carry with it the control and financial interest given to holders of common stock in for-profit organizations. The stock may not be sold or pledged as collateral for loans. Member banks also appoint six of the nine members of each Bank's board of directors.

If you want to understand the Federal Reserve read The Creature from Jekyll Island. Government was bankrupted via bankers wars. The government is prohibited from making pure fiat currency, so they made a deal with the creditor banks to borrow the pure fiat currency instead, giving the bankers full control of the fiat (the fed determines what is 'real' money and what is not) A mere sidestep of a constitutional prohibition (unconstitutional as hell). Though the book doesn't directly mention it, Satan is personally involved.

Some ladies at the synagogue praying for Israel tried convincing me that the CERN supercollider is a gateway for demons...

I sat quiet though. I do not feel attacking people's perceptions is productive. Rather you have explained why I never bothered with The Creature from Jekyll Island.

If you want to know about the Federal Reserve then I suggest you start by reading the Federal Reserve Act (1913). Stick to the facts. The constitutionality is determined by the courts, and albeit they might err, that is still wise and you might catch them on some of the errors. But addressing Walter's post, I have found a case about Levite (METRO) jurisdiction is very revealing (attached).

It describes the nature of the Federal Reserve to be an "instrumentality" of the United States, but only because Congress has sanctioned its corporation to be able to diminish the value of the stock shares over time. This is of course against the fundamentals of fiduciary responsibility and we find that Congress is bestowed with the power to "regulate the value of money" so to speak, paraphrasing the Constitution.

Ergo we find the primary breach of contract causing the resulting trust - and my lien on everything extending back fifteen years. Congress delegated its responsibilities to the Fed, and through mishandling the Prime Rate and printing press, has driving the value of the US Dollar beyond into the ground. But they have a plan... So it is best to study that plan instead of religious preachers.

The real key to comprehending your relationship to the Fed is to get it, that as long as you endorse private credit you are the state bank in the verbiage throughout. The stock certificates, now worth less than what it costs to print them out, are in your wallet. Make your demand, and you get out of central banking.

They shall be redeemed in lawful money on demand...


After a good cold snorkel I thought about what Michael Joseph had said about this interrogation situation. I was saying that the IRS agent/attorney was not explaining the man is in a contract - endorsement. MJ said, True, but here is a better perspective.

The man is a state bank, entrusted with private credit. He not only needs to pay a usage fee for the Fed's currency (income tax), he needs to report as trustee yearly. That is the 1040 Reporting Form. So in that sense he "informs" on himself, but the information is obligatory for using private credit from the Fed.

For more examples check out www.lawfulmoneytrust.com and you will find that there are many more useful perspectives than blaming Satan.

[walter]

Apparently the people in the painting of Woodrow Wilson signing the Fed Res Act like David Franklin Houston
5th United States Secretary of Agriculture written their own books.
And they reveal some big secretes in them but of course these books are very hard to find.

[David Merrill]

Apparently the people in the painting of Woodrow Wilson signing the Fed Res Act like David Franklin Houston
5th United States Secretary of Agriculture written their own books.
And they reveal some big secretes in them but of course these books are very hard to find.

Good Keys lead to wonderful sources...







But I must add that I have not gone to the federal repository looking for books by the others in the photo. Here is a sharper photo...




P.S. I recall collecting these photos when people were trying to convince me that WILSON had made some kind of statement or utterance that he regretted what the Fed Act has done to America. It is not in the one source book that I found cited and I doubt it was ever said by Woodrow...

[xparte]

[David Merrill]

Your poetry is reminiscent of George LIPPARD.


New York; The Upper Ten and the Lower Million.

[pumpkin]

The man is a state bank, entrusted with private credit. He not only needs to pay a usage fee for the Fed's currency (income tax), he needs to report as trustee yearly. That is the 1040 Reporting Form. So in that sense he "informs" on himself, but the information is obligatory for using private credit from the Fed.

I do believe this could very well be the 'presumption', but it is completely without evidence and never even claimed in any complaint, so I guess they could just as well presume any other terrible think they want. This is The Creature From Jekyll Island is an important book. It tells you the who and why. That is completely left out of the Federal Reserve Act, so many people completely miss the deceptions there. At least once you read the book, you know to read the act a bit more carefully.

[walter]

But I must add that I have not gone to the federal repository looking for books by the others in the photo.

There are heavy hitters sitting in that circle.

Houston
In 1913 Woodrow Wilson, after conferring with Edward M. House, picked Houston as secretary of agriculture. An unusual amount of agricultural legislation was passed during the seven years Houston held the office: the Smith-Lever Act (agricultural extension), the Farm Loan Act, the Warehouse Act (storage of nonperishable crops), and the Federal Aid Road Act, which for the first time established effective cooperation between the states and the federal government in the building of national highways.

During the last year of Wilson's presidency, Houston served as secretary of the treasury. He described his cabinet experience in his memoirs, Eight Years With Wilson's Cabinet, a two-volume work published in 1926.

After leaving government service Houston began a successful business career that culminated in his election in June 1930 as president of the Mutual Life Insurance Company of New York, a position he held for ten years. He was also a director of several corporations, including the American Telephone and Telegraph Company, the Guaranty Trust Company, and the United States Steel Corporation. He served as overseer of Harvard University and as a member of the board of trustees of Columbia University.

[David Merrill]

The man is a state bank, entrusted with private credit. He not only needs to pay a usage fee for the Fed's currency (income tax), he needs to report as trustee yearly. That is the 1040 Reporting Form. So in that sense he "informs" on himself, but the information is obligatory for using private credit from the Fed.

I do believe this could very well be the 'presumption', but it is completely without evidence and never even claimed in any complaint, so I guess they could just as well presume any other terrible think they want. This is The Creature From Jekyll Island is an important book. It tells you the who and why. That is completely left out of the Federal Reserve Act, so many people completely miss the deceptions there. At least once you read the book, you know to read the act a bit more carefully.

FDR tells about the new trust - later (1938) The New Deal.





P.S. Thanks for the lead about The Creature. I am blessed with source material and so utilize it.

[Michael Joseph]

I do believe this could very well be the 'presumption', but it is completely without evidence and never even claimed in any complaint, so I guess they could just as well presume any other terrible think they want. This is The Creature From Jekyll Island is an important book. It tells you the who and why. That is completely left out of the Federal Reserve Act, so many people completely miss the deceptions there. At least once you read the book, you know to read the act a bit more carefully.

There is no deception here. If one makes a use of intellectual property or a thing that is possessed or under the dominion of another, then that one subjects himself to the bylaws which govern the use. In other words, when one endorses the central banking scheme, then that one subjects himself to the bylaws established and settled by He who made the Use [Cestui Que Use] and as such the User is a Grantee and therefore with the benefit of the grant and as such simultaneously with the obligation of the duty. Thusly the Grantee is also Trustee.

A 1040 is nothing more than the Cestui Que Use [by and thru the I.R.S.] requiring its trustees to file each year showing how the trustees made a Use of the central banking estate. Since the Use is a benefit upon the grantee, the Trustee purchases the Use subject to the bylaws which govern the Use.

Now one will say, I don't endorse the central banking system I make a demand for lawful money. Well that is great! But now one has made a use of the bylaws which govern the United States districts and therefore one subjects one's self in the same manner as aforementioned. So now in the stead of being a trustee for the central bank - one is a trustee for the United States.

I once too thought a 1040 was a self indictment - but that is false thinking. The evidence of the Grantee/Trustee relationship is on the back of every check endorsed. So when folks ask "Where is the Law?" - what? Is the judge going to teach said one years of Trust Law overnight or in 15 minutes? I think not.

One will argue it is unconstitutional. And that shows their complete lack of comprehension. You are free to subject yourself to different agreements - and once one submits and consents to the service as Trustee to the central bank, then the Constitution actually wars against that one - BECAUSE at Art 1 Section X - the State cannot interfere with obligations of an existing contract. Since the central bank is endorsed of the United States, we plainly see that the United States will stand surety per 12USC411; and, we can see that indeed this is completely constitutional. A choice has been placed before you : Death [left] --- Life [Right]. You choose.

Such is all of life - this is just a small mirror of a larger fractal.

Best regards,

MJ

[xparte]

Money and Credit, by Hartley Withers, the great English authority on Finance.Under the influence of this purely capitalistic orientation, the estimation of economic values becomes one-sided; it is no longer rooted in the living connection which men must have with nature and with spiritual life, if nature and spiritual life are to give them satisfaction in body and in soul.It is easy to jump to the conclusion: The capitalistic orientation of economic life has these results, and it must therefore be abandoned. But the question is, whether in so doing we should not also be abandoning the very foundations, without which modern civilization cannot exist. One who thinks the capitalistic orientation a mere intruder into modern economic life, will demand its removal. But one who recognizes how modern life works through division of labour and of social function, will rather have to consider how to exclude from social life the disadvantages which arise as a by-product of this capitalistic tendency. For he will clearly perceive that the capitalistic method of production is a consequence of modern life, and that its disadvantages can only make themselves felt so long as the capital aspect is made the sole criterion in estimating economic values.Or uppermost ten and the lower millions However in a right structure of society, increase of capital should rather be the symptom which shows that the economic life, by taking into account all the requirements of man's bodily and spiritual nature, is rightly formed and ordered. The deep inner interests of individuals cannot unfold fully and freely through a spiritual life that is regulated by the political sphere, or that develops and uses human faculties merely as dictated by their economic usefulness. This kind of spiritual life may supply men with artistic and scientific movements as idealistic adjuncts to life, or it may offer them comfort and consolation in religion or philosophy. But all these things are only leading men outside the sphere of social realities into regions more or less remote from every-day affairs. It is only a free spiritual life that can penetrate the everyday affairs of the community, for it is only a free spiritual life that can set its own stamp on them as they take shape.The Men of Jekyll are our social realities.

[allodial]

To really get one's head around the FRB, paper money and electronic money, IMHO a term is: seigniorage (whether public or private).

[pumpkin]

The bottom line is this, if you rebut the presumptions, and they still persist, then the courts are broken and there is no law.

[David Merrill]

To really get one's head around the FRB, paper money and electronic money, IMHO a term is: seigniorage (whether public or private).

A dual function note makes that difficult to adjudicate. Consider the right half though, in light of :

Stocks and obligations of the United States Government are exempt from taxation by a State or political subdivision of a State.

The bottom line is this, if you rebut the presumptions, and they still persist, then the courts are broken and there is no law.

I enjoy toying around with Devil's Advocate where the principles of equity and endorsement consent are presented, to paint the illusion that if you are "in" then anything goes.

Here are two oaths of office, and believe me, these are exemplary of a much bigger criminal syndicalism:





One strong factor is that the district judges are in six year terms of office. This means that the alteration of the oath is intentional, as it was done mid-term. It is not as though somebody just interrupted him during lunch with a different oath and he signed it by mistake. This is a project with design - to void bonding.

That there is no law renders all these forums futile. What we still have is the natural course of execution, so that we might contract away violence to the butchers, farmers, ranchers, lumberjacks...

For civilization to be civil, we must be able to agree - without oversight, between one man and another. This is an update found on the Join Now page at www.lawfulmoneytrust.com


For a better view, examine the exhaustion of administrative remedy.

True Bill

Attachment 1-1
Attachment 1-2

Civil Cover Sheet

Certificate of Mailing

I am going to be around here. Between these two sites though, I will not be making any argument and very little by way of statement anywhere else. I truly believe this is very productive, and that at least from my peace - where my heritage is coherent with my destiny, something can be done. This brings me joy so I keep at it.


Regards,
David Merrill.