Post #90

When you want to open a bank account, you go to a bank. You do not go to the Federal Reserve. The Fed regulates banks, but banks are independent businesses. President Woodrow Wilson and Congress gave up control over the money supply when it transferred authority from the government to the world private banking cabal with the Federal Reserve Act of 1913. Commercial banks can multiply money, but only central banks can create money. Before commercial banks can multiply money, someone has to make a deposit. But the Federal Reserve does not need a deposit; it can create money by merely pushing a few keys on its computer.

A cartel of eight families owns the Federal Reserve and other central banks worldwide. They are Goldman Sachs of New York, Rockefeller Brothers of New York, Rothschild Banks of London and Berlin, Lazard Brothers of Paris, Israel Moses Sieff Banks of Italy, Kuhn and Loeb and Company of Germany and New York, and the Warburg Bank of Hamburg and Amsterdam. The Federal Reserve is listed in the telephone book’s white pages, while the US Treasury is listed in yellow. Fed employees’ email address ends in .org, not .gov.

President Biden has nominated Saule Omarova to the Office of Comptroller of the Currency, a branch of the Treasury Department. Omarova, born in Kazakhstan when it was part of the former Soviet Union and came to the U.S. in 1991, is a graduate of Moscow State University. She imagines destroying our banking system. In an academic paper while establishing the Fed as the only bank. Now do something the government or the world bankers does not like, and you no longer have a bank account. You can no long use your credit card. Under fascism, there is private property, the freedom to buy and sell, the profit motive, and free elections. But the system centralizes authority. In most fascist societies, citizens believe that they live in a democracy; they are unaware that a nefarious group controls them.


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Published by Kenneth E. Long

Author, college professor of economics, swimming and tennis enthusiast


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