an act to set up Federal Reserve Banks in 1913. signed by Woodrow Wilson. Who years later said, "I am a most unhappy man, I have unwittingly ruined my country. A great industrial nation is now controlled by it's system of credit. We are no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men." - Woodrow Wilson
Yes it is. See, when Woodrow Wilson was running for presidency, the international bankers at the time such as the Rothchilds, Warburgs and Rockefellers wrote the Federal Reserve Act on a estate in Jekyll Island owned my J.P. Morgan and was given to the Senator Nelson Aldrich(who soon married into the Rockefellers) to push through congress and all they needed was the presidents okay on it. Fortunately for them Wilson wanted to become president if he agreed to sign it because he would have their full support and unlimited funds, he knew he would win the presidency. However, Federal Reserve Notes are completely unconstitutional, illegal and fraudulent. In Article 1, Section 10 of The United States Constitution, it clearly states that, "No state shall make anything but gold and silver coin a tender in payments of debts." And in Article 1, Section 8 it states, "Congress shall have power to coin money" Notice it says "coin" not "print" The reasoning behind this law is because when money is printed from paper and has no gold or silver, more of it can be printed to create inflation which causes loss of jobs which causes foreclosures which gives money to the banks which gives money to the Federal Reserve. Oh, and to top things off, the Federal Reserve is about as Federal as FedEx. It, in no way, is apart of the US Government. It is it's own company with it's own rules and laws and the IRS is it's own personal army to collect the money and audit people who go against them. IRS isn't even apart of the US Government. They work for the FED. When all was said and done, Woodrow Wilson, the man who signed it for his own personal gain said this, "I am a most unhappy man, I have unwittingly ruined my country. A great industrial nation is now controlled by it's system of credit. We are no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men." - Woodrow Wilson
To learn more about this watch the documentary Zeitgeist or just type in Federal Reserve Fraud in Google and do the research. There is WAY more things that are illegal and fraudulent about the Federal Reserve.
No. Federal Reserve is not a fraud. It is the central bank of the United States of America. It oversees and supervises the banking operations of all the banks that operate within the United States. Also they are the banker to all banks within USA i.e., the bank that the banks in USA go to, to borrow money if they are short of cash.
The Federal Reserve is responsible for managing the money supply in the U.S.
The Federal Reserve was created in 1913
There are twelve Federal Reserve districts in the U.S.
Why does the Federal Reserve Bank of New York play a special role within the Federal Reserve System?
yes there is 12 federal reserve districts
The Federal Reserve is responsible for managing the money supply in the U.S.
Establishing the Federal Reserve was the singular achievement of the Federal Reserve Act.
The Federal Reserve was created in 1913
There are twelve Federal Reserve districts in the U.S.
The Federal Reserve Act...Apex:)
Yes, in the United States, check fraud is a federal offense. This goes for both wire fraud and mail fraud.
what is one of examiner jobs at the federal reserve
Who or what group of individuals formed the Federal Reserve
When money is minted, the first place it goes is the Federal Reserve. The Federal Reserve is like the ultimate lender. All banks get their money from the Federal Reserve.
Why does the Federal Reserve Bank of New York play a special role within the Federal Reserve System?
Is payroll fraud a federal offense
Federal Reserve Police was created in 2001.