The Federal Reserve, Proof of Banksterism

The creatures that created the Federal Reserve System did so in their own image, as a cruel, malicious and rapacious psychopath. It was, and always will be, a protection racket run by banksters for their own benefit - and their tribe. Those few who had the guts to warn the public had already lost the power to effect change; for without power they will crush you.

One interesting feature from reading contemporary reports of any event is how important some aspects were at the time that were then forgotten by manipulated history. Proofs of the organised criminal nature of that parasite known as the Fed were filed in courts; they are a matter of record, if not of collective memory.

The Federal Reserve Monster was published in 1922; notice this is before the Fed manipulated a stockmarket crash followed by the Great Depression. The chapter on Check Collection Banditry shows the Fed to really be a protection racket. They employed agents whose job was to coerce and threaten any bank that didn't join the FRS with a capital run - just like NOW!! They did this with the then rather simple task of demanding cash withdrawals in honour of extravagant cheques (checks), knowing that such banks could not possibly hold such sums in their vaults.

One of the chief specialties of this Federal Reserve System of applied banditry is to attempt to force every bank in the United States - whether a member of its Shylockery or not - to collect checks for its benefit and advantage for nothing [The standard fee was then 0.1%]. In other words, where it couldn't conscript nor commandeer purely for its own sordid profit it proceeded to bulldoze.

And for the record:

"November 14, 1919, a high powered auto containing four people, drove into Pierce and stopped in front of the Bank, but the engine kept running. Two men, W. S. Lower and M. L. Bishop, got out of the car, armed with revolvers and entered our bank. As agents of the Federal Reserve Bank, they demanded the currency on checks drawn against the Cones State Bank of Pierce, Nebraska, of the aggregate face value of $31,900, some of which had been held for over three weeks. While one of our Bank force was counting out the money (about $13,000 more than we are legally required to carry in our vault) to Mr. Bishop, Mr. Lower told us that Bishop was a United States marshal, hard boiled and armed, and that he had cleaned up the State of Kansas and would get us anyway, so we had better sign up the agreement and keep our money.

Is that not a protection racket? Is the Fed not a bunch of gangsters? Born banksters.