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JFK decreed the Executive Order 11110 which stopped Federal Reserve's power. That was to loan the Government money with interest. Many great historians agree including the president who signed the Federal Reserve ACT that they literally killed the United States with Federal Reserve.

And they were right. U.S. national debt= more than 20$ TRILLION US

If you try to ask any president why the Federal Reserve is still in effect despite to Executive Order 11110 they will simply get you arrested.

So much for 1st amendment eh...

Excuse my spelling etc.

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Who authored the Federal Reserve Act of 1913?

Paul M. Warburg AKA Paul Moritz Warburg Born: 10-Aug-1868 Birthplace: Hamburg, North German Confederation Died: 24-Jan-1932 Cause of death: unspecified Gender: Male Religion: Jewish Race or Ethnicity: White Occupation: Business Party Affiliation: Republican Nationality: United States Executive summary: The Federal Reserve System Warburg's account of his participation in banking reform and his voluminous essays on the subject are contained in his The Federal Reserve System: Its Origin and Growth (2 vols., 1930). There is no biography of Warburg. Warburg was elected a director of Wells Fargo & Company in February 1910. He resigned in September 1914 following his appointment to the Federal Reserve Board, and Jacob Schiff was elected to his seat on the Wells Fargo board.[7] Paul Warburg became known as a persuasive advocate of central banking in America, in 1907 publishing the pamphlets "Defects and Needs of Our Banking System" and "A Plan for A Modified Central Bank". His efforts were successful in 1913 with the founding of the Federal Reserve System. He was appointed a member of the first Federal Reserve Board by President Woodrow Wilson, serving until 1918. In 1919 he founded and became first chairman of the American Acceptance Council. He organized and became the first chairman of the International Acceptance Bank of New York in 1921. International Acceptance was acquired by the Bank of the Manhattan Company in 1929, with Warburg becoming chairman of the combined organization. He became a director of the Council on Foreign Relations at its founding in 1921, remaining on the board until his death. From 1921 to 1926 Warburg was a member of the advisory council of Federal Reserve Board, serving as president of the advisory council in 1924-26. He was also a trustee of the Institute of Economics, founded in 1922; when it was merged into the Brookings Institution in 1927, he became a trustee of the latter, serving until his death.[8][9] Warburg was notable on March 8, 1929, for warning of the disaster threatened by the wild stock speculation then rampant in the United States, foretelling the crash which occurred in October of that year US Federal Reserve Governor (1913-18) Federal Reserve Founder (1913) Member of the Board of Kuhn, Loeb & Co. Partner (1901-13 and 1918-32) Member of the Board of Union Pacific Member of the Board of Western Union American I.G. Chemical Bank of the Manhattan Company Chairman (1929-32) Farmer's Loan and Trust Co. M.M. Warburg & Co. Partner Council on Foreign Relations Director (1921-32) Warburg Family German Ancestry Jewish Ancestry Author of books: A Plan for a Modified Central Bank (1907) Defects and Needs of Our Banking System (1907)


Identify five of the federal government's non tax sources of revenue?

Their biggest source of income is the Federal Reserve right now (The reserve issues Bank notes to the government so that the US mint can print more dollars.) But the government does get money from our tax dollars and any fines or fees we pay when dealing with government agencies.Actually, the Federal Reserve has nothing to do with income for the Federal government, nor does the Mint. Both of those organizations are concerned with the US money supply, which is a completely different topic.In the current era, the US Federal Government receives almost all of its revenue from two sources: income taxes on individuals, and corporate taxes on businesses. Over the past 100 years, the proportion that personal taxes and business taxes provide has flip flopped: around 1930, the proportion was 2/3 from business, and 1/3 from individuals. Now, it's the reverse: 1/3 from business, and 2/3 from individuals.For individual income tax, most of it is payroll taxes - those taxes which come straight out of your paycheck (FICA, Medicare, and Labor income tax). About 1/3 of the revenue from individual taxes comes from investment taxes - taxes on interest, dividends, and capital gains. This later number has been shrinking slowly over time, as the tax rates on investment income has been lowered faster than that on labor. Additionally, investment income revenue varies considerably more than labor revenue - in good economic times, the investment income amounts are large, while in bad times, they are much smaller. Labor income tax revenue is much more stable; it tents to only slowly move up or down, following longer-term economic cycles, rather than short-term ones.Other additional sources of revenue for the federal government are, in rough order of amounts:User Fees - these are the fastest increasing source of income, as Congress finds it politically easy to raise these fees, since they're not "taxes". User Fees are costs paid by individuals who want something specific from the Government; entrance fees to national parks/museums, fees for permits and licenses, and similar.Fines - mostly from (civil) court cases where the guilty party must pay the government. A big source here is environmental damage cases, where fines attempt to offset at least some of the government's expenses in cleanups.Confiscated property - this is mostly from drug-based criminal convictions. Property is forfeited to the government, which then either sells it for revenue, or apportions it back to state and local governments for disposal.Estate Tax ("Death Tax") - taxes imposed on the very wealth's estate when a person dies. This amount has shrunk considerably over the past 20 years, as the rates on such estates have fluctuated wildly.Note that these together still account for less than 1% of the total federal revenue. There are other minor sources of income for the federal government, some of which are ordinary (leasing of certain federal establishments for private use, for example), while others strange (kickbacks for facilitating large foreign arms sales). Overall, they are insignificant totals. Remember that the annual US revenue is well over $2 Trillion, so unless the revenue source is at least several billion, it's just noise.


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