Quotes on Banking and the Federal Reserve

The Rothschilds "The few who understand the system, will either be so interested from it's profits or so dependant on it's favors, that there will be no opposition from that class." — Rothschild Brothers of London, 1863 "Give me control of a nation's money and I care not who makes it's laws" — Mayer Amschel Bauer Rothschild



Senators and Congressmen

"Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States" — Sen. Barry Goldwater (Rep. AR) "This [Federal Reserve Act] establishes the most gigantic trust on earth. When the President [Wilson} signs this bill, the invisible government of the monetary power will be legalized....the worst legislative crime of the ages is perpetrated by this banking and currency bill." — Charles A. Lindbergh, Sr. , 1913 "From now on, depressions will be scientifically created." — Congressman Charles A.

Lindbergh Sr. , 1913 "The financial system has been turned over to the Federal Reserve Board. That Board as ministers the finance system by authority of a purely profiteering group. The system is Private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money" -- Charles A. Lindbergh Sr., 1923 "The Federal Reserve bank buys government bonds without one penny..." — Congressman

Wright Patman, Congressional Record, Sept 30, 1941 "We have, in this country, one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board. This evil institution has impoverished the people of the United States and has practically bankrupted our government. It has done this through the corrupt practices of the moneyed vultures who control it". — Congressman Louis T. McFadden in 1932 (Rep. Pa) "The Federal Reserve banks are one of the most corrupt institutions the world has ever seen.

There is not a man within the sound of my voice who does not know that this nation is run by the

International bankers — Congressman Louis T. McFadden (Rep. Pa) "Some people think the Federal Reserve Banks are the United States government's institutions.

They are not government institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign swindlers" — Congressional Record 12595-12603 — Louis T. McFadden, Chairman of the Committee on Banking and Currency (12 years) June 10, 1932 "I have never seen more Senators express discontent with their jobs....I think the major cause is that, deep down in our hearts, we have been accomplices in doing something terrible and unforgivable to our wonderful country. Deep down in our heart, we know that we have given our children a legacy of bankruptcy. We have defrauded our country to get ourselves elected." — John Danforth (R-Mo) "These 12 corporations together cover the whole country and monopolize and use for private

gain every dollar of the public currency..." — Mr. Crozier of Cincinnati, before Senate Banking and Currency Committee - 1913 "The [Federal Reserve Act] as it stands seems to me to open the way to a vast inflation of the

currency... I do not like to think that any law can be passed that will make it possible to submerge the gold standard in a flood of irredeemable paper currency." — Henry Cabot Lodge Sr., 1913



From the Federal Reserves Own Admissions

"When you or I write a check there must be sufficient funds in out account to cover the check,

but when the Federal Reserve writes a check there is no bank deposit on which that check is drawn. When the Federal Reserve writes a check, it is creating money." — Putting it simply, Boston Federal Reserve Bank "Neither paper currency nor deposits have value as commodities, intrinsically, a 'dollar' bill is just

a piece of paper. Deposits are merely book entries." — Modern Money Mechanics Workbook,

Federal Reserve Bank of Chicago, 1975 "The Federal Reserve system pays the U.S. Treasury 020.60 per thousand notes --a little over

2 cents each-- without regard to the face value of the note. Federal Reserve Notes, incidentally, are the only type of currency now produced for circulation. They are printed exclusively by the

Treasury's Bureau of Engraving and Printing, and the $20.60 per thousand price reflects the Bureau's full cost of production. Federal Reserve Notes are printed in 01, 02, 05, 10, 20, 50, and 100 dollar denominations only; notes of 500, 1000, 5000, and 10,000 denominations were last printed in 1945." — Donald J. Winn, Assistant to the Board of Governors of the Federal Reserve system "We are completely dependant on the commercial banks. Someone has to borrow every dollar

we have in circulation, cash or credit. If the banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system.... It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied very soon." — Robert H. Hamphill, Atlanta Federal Reserve Bank



From General Law

"The entire taxing and monetary systems are hereby placed under the U.C.C. (Uniform

Commercial Code)" — The Federal Tax Lien Act of 1966 "There is a distinction between a 'debt discharged' and a debt 'paid'. When discharged, the debt

still exists though divested of it's charter as a legal obligation during the operation of the discharge, something of the original vitality of the debt continues to exist, which may be transferred, even though the transferee takes it subject to it's disability incident to the discharge." — Stanek vs. White, 172 Minn.390, 215 N.W. 784 "The Federal Reserve Banks are not federal instrumentalities..." — Lewis vs. United States

9th Circuit 1992 "The regional Federal Reserve banks are not government agencies. ...but are independent,

privately owned and locally controlled corporations." — Lewis vs. United States, 680 F. 2d 1239

9th Circuit 1982

Past Presidents, not including the Founding Fathers

"Whoever controls the volume of money in any country is absolute master of all industry and

commerce." — James A. Garfield, President of the United States "A great industrial nation is controlled by it's system of credit. Our system of credit is concentrated in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the world--no longer a government of free opinion, no longer a government by conviction and vote of the majority, but a government by the opinion and duress of small groups of dominant men." — President Woodrow Wilson



Founding Father's Quotes on Banking (Maybe some repeats from "Founding Father's Quotes" / Information tends to converge)

Thomas Jefferson

"I believe that banking institutions are more dangerous to our liberties than standing armies.

Already they have raised up a monied aristocracy that has set the government at defiance. The

issuing power (of money) should be taken away from the banks and restored to the people to

whom it properly belongs." — Thomas Jefferson, U.S. President. Andrew Jackson

"If Congress has the right [it doesn't] to issue paper money [currency], it was given to them to be used by...[the government] and not to be delegated to individuals or corporations" — President Andrew Jackson , Vetoed Bank Bill of 1836 James Madison

"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and it's issuance." — James Madison

Misc. Sources