The Fed is a Ponzi Scheme

5 posts / 0 new
Last post
citizenal's picture
citizenal
Status: Bronze Member (Offline)
Joined: Oct 1 2010
Posts: 25
The Fed is a Ponzi Scheme

I am taking the liberty of posting the following contribution under “General Discussions and Questions” because, from my perspective, it is an factual expose of what the Fed is and what it is all about which should be of great interest to all Americans and every other person in the world.  The basis of this discussion is, most definitely, not a conspiracy theory, but instead, cold hard deplorable facts we are forced to live with every day. - citizenal   

Most Americans are proud to be American and consider the United States to be the greatest nation in all of history.  This is because there are many things we can point to which substantiates this belief.  However, everything in life is transitory and when the final judgment for this Nation comes to pass, history will record that instead of being something special to be admired, Americans were suckers who fell hook, line, and sinker for the worst Ponzi Scheme the world has ever seen; the Federal Reserve Bank, more commonly known as the Fed.

A Ponzi scheme is a swindle which was conceived and run by an Italian immigrant named Charles Ponzi, who defrauded his investors out of millions of dollars during the 1920’s.  The con, like most cons is deceptively simple.  Its perpetuator convinces his clients that he is a skillful investor or entrepreneur who will make them more money than they could possibly make investing elsewhere.  Once people (suckers) are hooked and give their money to the perpetuator, instead of earning a return on their investment they are paid what they believe are earnings from money conned from newer investors.  The scheme functions smoothly for a while, but an increasing number of new investors are required to pay off the older investors and keep them at bay.  Of course, in the long run, this is an impossible situation and eventually, the scheme collapses with those still in the game losing everything they invested.

Understanding the above, upon examination it becomes clear that the Federal Reserve Bank has many of the same characteristics as a Ponzi scheme.  First of all, like a Ponzi scheme, it began with a lie concocted solely to suck in its intended victims.  The lie used to get this Nation into bed with these criminals is that that they promised to regulate our economy such that booms and busts would be eliminated.  In truth the opposite has been the case and the Fed actually played a role in bringing about the Depression of 1929 and the deep recession which presently grips the nation.  Secondly, similar to a Ponzi scheme, the Fed takes our money and gives us nothing in return.  The money we give to the Fed is not earned for any service it provides, nor is there any reasonable justification for us to give it them.  Finally, similar to a Ponzi scheme, the eventual collapse of our economy is inevitable and when it does, the people of this nation will lose, not just their investments, but everything.  Presently, we are experiencing the beginnings of this collapse and despite what Washington and the media tell us about a recovery, none will ever come unless we get out from under the Fed and its whirlpool of debt and inflation.  

While the similarities between a Ponzi scheme and the Fed are such that it falls into the same category of crime, the truth of the matter is that the Fed is far more criminal and diabolical than a simple Ponzi scheme could ever be.  First of all, the victims of a Ponzi scheme are motivated by greed and make a deliberate choice to be a part of the scam.  Instead, the Fed has victimized all citizens of this nation and no one has been given any choice in the matter because a gullible Congress decided the matter for us.  Furthermore, in a Ponzi scheme, victims lose their investments, but are left with the money they did not invest and this still has value.  The Fed also keeps the money we give it, but because fiat money is a key element of the scam, it is continually being printed.  As a result, the money we keep and save for ourselves loses value over time and will eventually be worth nothing.  Thus, under the Fed, not only do we lose the money we give it, we eventually lose all the money we have.  For example, the Federal Reserve Notes we have in our pocket today are worth 96% less in real value than those we had in 1913 when the Fed first came to power.  If you had one-million dollars then, it is only worth forty-thousand dollars now.  If, our government managed our economy instead of the Fed, not only would we be able to avoid the curse of inflation, but the income taxes we pay would be unnecessary.

The Federal Reserve Bank truly is a den of thieves and con artists who have stolen the wealth and prosperity of an entire nation.  Our problem, today, is that their nefarious and diabolical scheme was legitimized by Congress in 1913 by passage of the Federal Reserve Act.  This abominable act was a product of subterfuge and deception and every Congressman who voted for it did so in clear and flagrant violation of their oath of office.  The time has come for Congress to make amends for the crime it committed against the people of this Nation and this can only be accomplished by repealing the Federal Reserve Act and retuning the power to coin money to Congress where it rightfully belongs.  Furthermore, those presently participating in this diabolical scheme should be brought to justice and all debts (stolen money) owed these criminals should be declared null and void.  Finally, the assets they obtained with our money should be confiscated.  Only by taking these actions will America be able to avoid the horrible fate the Fed and their stooges in Congress have bestowed upon the American people.

Don’t hold your breath while waiting for any of the above to happen.  The huge amount of money the Fed has stolen has made these criminals rich beyond anyone’s ability to comprehend and they use this money to corrupt whatever they touch.  These ill gotten gains have enabled them to keep those we elect to office squarely under their thumbs.  An exception to this state of affairs was President John F. Kennedy who worked to reign in the Fed while he was in office.  In June of 1963, President Kennedy signed Executive Order 11110, which striped The Fed of its authority to loan our own money to our government by returning the power to coin this money to Congress.  President Kennedy also went on record as saying, “The high office of the President has been used to foment a plot to destroy America's freedom and before I leave office, I must inform the citizens of their plight.”  Unfortunately for this Nation and its people, President Kennedy was murdered in 1963, followed by his brother Robert in 1968.  Immediately after our Presidents assassination the money issued in keeping with his still standing Executive Order, was removed from circulation never to be seen again.  The horrific lesson learned from these diabolical murders was not lost upon our elected representatives back then and unfortunately, it is just as poignant and menacing to those who lead us now.

There is another aspect to our present situation which also costs Americans dearly.  The Fed has created an atmosphere of corruption throughout the Nation which pervades all our institutions.  The result of this is that men of integrity, who will not compromise themselves, never advance in the hierarchy of our governing institutions.  The primary attribute looked for in those being considered for advancement is loyalty to the boss beyond all other consideration including legalities and the public’s best interest.  The higher one goes up the ladder in the public service, the truer this becomes.  Our government is led by a criminal enterprise and because of this it has become a criminal enterprise.  Far too many government officials obtain wealth and position through illegal and dishonorable means.  Those who are honest and aware of what is going on, look the other way because they know that doing otherwise will be the kiss of death to their careers.  The inevitable result of this dismal organizational environment is that our government does almost nothing right anymore no matter what resources are available.  We only have to look to our war on terror, our war on drugs, how we protect our borders, military procurement, and how government contracts are issued and managed to understand the truth in this.  The Fed has turned our government into an ineffectual criminal nightmare and the cost we pay for this is huge.

There are three entities involved in our relationship with the Fed; the Fed, Congress, and we the people of this Nation.  This article began by stating history will judge us to be a nation of suckers.  Beyond doubt, many Americans will take exception to this conclusion.  For their sake, the following is a list of the losses and gains associated with our relationship to the Fed for each of the three groups mentioned.

The Fed loses nothing and gains:

  • The real value of all loans made.
  • The real interest on all loans made. 
  • Enough money to corrupt the entire world and establish itself as its ruler.

Congress loses nothing and gains:

  • The elimination of one of its most important functions.
  • All the money it wants to do everything it wants without control or restraint.

We the people gain nothing but lose:

  • The loan payments made to the Fed by our government.
  • The interest paid on Fed loans by our government.
  • The value of the money we keep through inflation.
  • The income tax we pay our government.
  • Control of Congress because of its unlimited source of funds.
  • The added cost of an incompetent government.
  • The benefits to society a competent government brings.
  • A government which serve us and no one else.
  • Our rights, our freedom, and our future well being.

Clearly, it is safe to say that the people of the United States have been conned into accepting a very bad deal.  In fact, the deal is so horrific that calling Americans suckers is being far too nice to them. 

In conclusion, if you are an American who is proud of this Nation and calls upon God to bless it, then sit down and ponder the following about the kind of nation the rest of us are forced to live with because of your ignorance and unwillingness to be a responsible citizen.

Our government was essentially overthrown from within in 1913 by a group of criminals who masterminded the Fed and eventually would call themselves the New World Order.

In 1963 President John F. Kennedy was assassinated and it is reasonable to conclude that his murder was a political hit by those behind the Fed.  The motive for this murder was to prevent our President from exposing them and taking away their license to steal our money.

Most Americans have no clue as to what has happened and still profess loyalty and pledge allegiance to a nation which no longer exists and an illegal government run by criminals and dishonorable oath breakers.

Americans are deluded into thinking the government we live under is a democracy when in truth it is an oligarchic dictatorship where corruption and incompetence reign supreme.

We have fought and are fighting wars around the world, not to our benefit and security, but to bring other peoples and nations of the world under the control of the criminals who rule us.

We are a bankrupt and insolvent nation and our children are doomed to live under tyranny and in poverty because of our ignorance and refusal to see the truth about what this nation has become.

The history of the United States of America for the past one-hundred years is a history of lies, subterfuge, deception, greed, incompetence, cowardice, dishonor, corruption, lawlessness, and murder.

 

For more on President Kennedy and what the Fed has done to us go to:

http://www.john-f-kennedy.net/thefederalreserve.htm

jhart5's picture
jhart5
Status: Bronze Member (Offline)
Joined: Jul 25 2009
Posts: 89
Re: The Fed is a Ponzi Scheme

Has anyone ever determined how many Trillions of Dollars the Federal Reserve along with Goldman Sachs, JP Morgan Chase, and others have siphoned out of the US Economy over the years?

citizenal's picture
citizenal
Status: Bronze Member (Offline)
Joined: Oct 1 2010
Posts: 25
Re: The Fed is a Ponzi Scheme

jhart5:

Not that I know of, but I am sure the figure is astounding.  However, what is even more astounding is how much the Fed has stolen from Americans over the last 100 years of its existence.  During this period of time, the dollar has lost 96% of its value.  In other words, if you had one million dollars in 1913 and shoved it under your mattress for safekeeping.  That one million dollars would be worth only $4,000 today.  This loss is value is real and the trajedy of the matter is that it didn't have to happen and would not have happened if our government managed our money supply as the Founders intended.  We pay a horrendous price because the FED manages our money instead of Congress and this price is our savings, our labor, our economic well-being, and most important, our freedom.  We truly are slaves to the Fed and because of the traitors in Congress who delivered us into their hands, our children will live in bondage and poverty.

The simple truth of the matter is that any candidate for Congress who does not declare that he will work to repeal the Federal Reserve Act is not worthy of our vote because they are a traitor to this Nation and its people.  People who vote for such candidates are idiots who vote for their own bondage and subjugation.

 

jhart5's picture
jhart5
Status: Bronze Member (Offline)
Joined: Jul 25 2009
Posts: 89
Re: The Fed is a Ponzi Scheme

Citizen

Amazingly we have unwittingly been taken to the cleaners by this outfit for the last 100 years. Main Street needs to get informed and educated on this diabolical situation before it’s too late. We are the ones that will probably have to put a stop to it before the economy of this nation is totally destroyed.

citizenal's picture
citizenal
Status: Bronze Member (Offline)
Joined: Oct 1 2010
Posts: 25
Re: The Fed is a Ponzi Scheme

Remember the hockey stick?  Economically, we are already on a steep quadratic climb to ruination and disaster.

Our government has declared the recession to be over.  Its is because there never was a recession in the first place and what is wrongfully called a recession is really a permanent drop into poverty which has only just begun.  I do not know if we can still save ourselves but I do know that we do not have the will to do it because "main street' has its head buried deep in the sand and our government is doing everything possible to ensure that this is the case.  Remember, our real government is the Fed and the one we think we have is its puppet.

If you want to read some real eye openers go to and read:

The Economics of Disaster I at: http://constitutionforum.us/economics_of_disaster.htm

and

The Economics of Disaster II at: http://constitutionforum.us/economics_of_disaster2.htm

 

 

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Login or Register to post comments