Federal Reserve : a history


Richard Moore


The Federal Reserve is 
by Thomas D. Schauf 

    "There is a self-satisfied dogmatism with which mankind at
    each period of its history cherishes the delusion of the
    finality of existing modes of knowledge."
    - Alfred North Whitehead 

Dear American: 

Pursuant to your request, I will attempt to clear up questions
you have about the Federal Reserve Bank (FED). I spent much
time researching the FED and these are the shocking and
revealing conclusions.


Article 1, Section 8 of the Constitution states that Congress
shall have the power to coin (create) money and regulate the
value thereof. Today however, the FED, which is a privately
owned company, controls and profits by printing money through
the Treasury, and regulating its value.

The FED began with approximately 300 people or banks that
became owners (stockholders purchasing stock at $100 per share
- the stock is not publicly traded) in the Federal Reserve
Banking System. They make up an international banking cartel
of wealth beyond comparison (Reference 1, 14). The FED banking
system collects billions of dollars (Reference 8, 17) in
interest annually and distributes the profits to its
shareholders. The Congress illegally gave the FED the right to
print money (through the Treasury) at no interest to the FED.
The FED creates money from nothing, and loans it back to us
through banks, and charges interest on our currency. The FED
also buys Government debt with money printed on a printing
press and charges U.S. taxpayers interest. Many Congressmen
and Presidents say this is fraud (Reference 1,2,3,5,17).

Who actually owns the Federal Reserve Central Banks? The
ownership of the 12 Central banks, a very well kept secret,
has been revealed:

    Rothschild Bank of London 
    Warburg Bank of Hamburg 
    Rothschild Bank of Berlin 
    Lehman Brothers of New York 
    Lazard Brothers of Paris 
    Kuhn Loeb Bank of New York 
    Israel Moses Seif Banks of Italy 
    Goldman, Sachs of New York 
    Warburg Bank of Amsterdam 
    Chase Manhattan Bank of New York 
    (Reference 14, P. 13, Reference 12, P. 152) 

These bankers are connected to London Banking Houses which
ultimately control the FED. When England lost the
Revolutionary War with America (our forefathers were fighting
their own government), they planned to control us by
controlling our banking system, the printing of our money, and
our debt (Reference 4, 22).

The individuals listed below owned banks which in turn owned
shares in the FED. The banks listed below have significant
control over the New York FED District, which controls the
other 11 FED Districts. These banks also are partly foreign
owned and control the New York FED District Bank. (Reference

First National Bank of New York 
James Stillman National City Bank, New York 
Mary W. Harnman 
National Bank of Commerce, New York 
A.D. Jiullard 
Hanover National Bank, New York 
Jacob Schiff 
Chase National Bank, New York 
Thomas F. Ryan 
Paul Warburg 
William Rockefeller 
Levi P. Morton 
M.T. Pyne 
George F. Baker 
Percy Pyne 
Mrs. G.F. St. George 
J.W. Sterling 
Katherine St. George 
H.P. Davidson 
J.P. Morgan (Equitable Life/Mutual Life) 
Edith Brevour T. Baker 

(Reference 4 for above, Reference 22 has details, P. 92, 93,
96, 179)

How did it happen? After previous attempts to push the Federal
Reserve Act through Congress, a group of bankers funded and
staffed Woodrow Wilson's campaign for President. He had
committed to sign this act. In 1913, a Senator, Nelson
Aldrich, maternal grandfather to the Rockefellers, pushed the
Federal Reserve Act through Congress just before Christmas
when much of Congress was on vacation (Reference 3, 4, 5).
When elected, Wilson passed the FED. Later, Wilson
remorsefully replied (referring to the FED), "I have
unwittingly ruined my country" (Reference 17, P. 31).

Now the banks financially back sympathetic candidates. Not
surprisingly, most of these candidates are elected (Reference
1, P. 208-210, Reference 12, P. 235, Reference 14, P. 36). The
bankers employ members of the Congress on weekends (nickname
T&T club -out Thursday...-in Tuesday) with lucrative salaries
(Reference 1, P. 209). Additionally, the FED started buying up
the media in the 1930's and now owns or significantly
influences most of it Reference 3, 10, 11, P. 145).

Presidents Lincoln, Jackson, and Kennedy tried to stop this
family of bankers by printing U.S. dollars without charging
the taxpayers interest (Reference 4). Today, if the government
runs a deficit, the FED prints dollars through the U.S.
Treasury, buys the debt, and the dollars are circulated into
the economy. In 1992, taxpayers paid the FED banking system
$286 billion in interest on debt the FED purchased by printing
money virtually cost free (Reference 12, P. 265). Forty
percent of our personal federal income taxes goes to pay this
interest. The FED's books are not open to the public. Congress
has yet to audit it.

Congressman Wright Patman was Chairman of the House of
Representatives Committee on Banking and Currency for 40
years. For 20 of those years, he introduced legislation to
repeal the Federal Reserve Banking Act of 1913.

Congressman Henry Gonzales, Chairman of a banking committee,
introduces legislation to repeal the Federal Reserve Banking
Act of 1913 nearly every year. It's always defeated, the media
remains silent, and the public never learns the truth. The
same bankers who own the FED control the media and give huge
political contributions to sympathetic members of Congress
(Reference 12, P. 155-163, Reference 22, P. 158, 159, 166).


We, the People, are at fault for being passive and allowing
this to continue.

Rep. Louis T. McFadden (R. Pa.) rose from office boy to become
cashier and then President of the First National Bank in
Canton Ohio. For 12 years he served as Chairman of the
Committee on Banking and Currency, making him one of the
foremost financial authorities in America. He fought
continuously for fiscal integrity and a return to
constitutional government (Reference 1). The following are
portions of Rep. McFadden's speech, quoted from the
Congressional Record, pages 12595-12603:


The depredations and the iniquities of the Federal Reserve
Board and the Federal Reserve banks acting together have cost

About the Federal Reserve banks, Rep. McFadden said, "They are
private credit monopolies which prey upon the people of the
United States for the benefit of themselves and their foreign
customers; foreign and domestic speculators and swindlers; the
rich and predatory money lenders. This is an era of economic
misery and for the reasons that caused that misery, the
Federal Reserve Board and the Federal Reserve banks are fully

On the subject of media control he state, "Half a million
dollars was spent on one part of the propaganda organized by
those same European bankers for the purpose of misleading
public opinion in regard to it."

Rep. McFadden continued, "Every effort has been made by the
Federal Reserve Board to conceal its power but the truth is
the Federal Reserve Board has USURPED THE GOVERNMENT OF THE

No man and no body of men is more entrenched in power than the
arrogant credit monopoly which operates the Federal Reserve
Board and the Federal Reserve banks. These evil-doers have
robbed this country of more than enough money to pay the
national debt. What the Government has permitted the Federal
Reserve Board to steal from the people should now be restored
to the people."

"Our people's money to the extent of $1,200,000,000 has within
the last few months been shipped abroad to redeem Federal
Reserve Notes and to pay other gambling debts of the
traitorous Federal Reserve Board and the Federal Reserve
banks. The greater part of our monetary stock has been shipped
to foreigners. Why should we promise to pay the debts of
foreigners to foreigners? Why should American Farmers and wage
earners add millions of foreigners to the number of their
dependents? Why should the Federal Reserve Board and the
Federal Reserve banks be permitted to finance our competitors
in all parts of the world?" Rep. McFadden asked.

"The Federal Reserve Act should be repealed and the Federal
Reserve banks, having violated their charters, should be
liquidated immediately.

concluded (Reference 1, contains an entire chapter on Rep.
McFadden's speech).

If the media is unbiased, independent and completely thorough,
why haven't they discussed the FED? Currently, half the states
have at least a grass roots movement in action to abolish the
FED, but there's no press coverage. In July, 1968, the House
Banking Subcommittee reported that Rockefeller, through Chase
Manhattan Bank, controlled 5.9% of the stock in CBS.
Furthermore, the bank had gained interlocking directorates
with ABC.

In 1974, Congress issued a report stating that the Chase
Manhattan Bank's stake in CBS rose to 14.1% and NBC to 4.5%
(through RCA, the parent company of NBC). The same report said
that the Chase Manhattan Bank held stock in 28 broadcasting
firms. After this report, the Chase Manhattan Bank obtained
6.7% of ABC, and today the percentage could be much greater.
It only requires 5% ownership to significantly influence the
media (Reference 14, P. 56-57). This is only one of 300
wealthy shareholders of the FED. It is believed other FED
owners have similar holdings in the media. To control the
media, FED bankers call in their loans if the media disagrees
with them (Reference 25, P. 134-137).

Rockefeller also controls the Council on Foreign Relations
(CFR), the sole purpose of which is to aid in stimulating
greater interest in foreign affairs and in a one world
government. Nearly every major newscaster belongs to the
Council on Foreign Relations. The Council on Foreign Relations
controls many major newspapers and magazines. Additionally,
major corporations owned by FED shareholders are the source of
huge advertising revenues which surely would influence the
media (Reference 14, P. 56-59). It can be no wonder why groups
such as FED-UP(tm) receive minimal, if any, press attention.

How do taxpayers stop financing those whose purpose it is to
destroy us? First, expose their activity, then demand change.


Currently all we do is exchange FED money (interest attached)
for real U.S. money (interest-free) dollar for dollar as
Kennedy tried to do. We should not be required to pay interest
on our own currency. According to Benjamin Franklin, this was
one of the primary reasons we fought the Revolutionary War.
Today we are still fighting the same family of bankers
(Reference 4, Reference 1, P. 211, 212).

The U.S. Government can buy back the FED at any time for $450
million (per Congressional record). The U.S. Treasury could
then collect all the profit on our money instead of the 300
original shareholders of the FED. The $4 trillion of U.S. debt
could be exchanged dollar for dollar with U.S. non- interest
bearing currency when the debt becomes due. There would be no
inflation because there would be no additional currency in
circulation. Personal income tax could be cut if we bought
back the FED and therefore, the economy would expand.
According to the Constitution, Congress is to control the
creation of money, keeping the amount of inflation or
deflation in check. If Congress isn't doing their job, they
should be voted out of office. Unfortunately, voters can't
vote the FED or its Chairman out of office.

If the government has a deficit, we could handle it as Lincoln
and Kennedy did. Print money and circulate it into the
economy, but this time interest-free. Today the FED, through
foreign banks, owns much of our debt and therefore controls
us. The FED will cease to exist as taxpayers become informed
and tell other taxpayers. The news media and Congress will
have no choice but to meet the demands of grass roots America.
(Reference 1, P. 17, 22)


By law (check the Congressional record), we can buy back the
FED for the original investment of the FED's 300 shareholders,
which is $450 million (Reference 1, P. 227, Reference 17, P.
36). If each taxpayer paid $25, we could buy back the FED and
all the profit would flow into the U.S. Treasury. In other
words, by Congress allowing the constitutionally illegal FED
to continue, much of your taxes go to the shareholders of the
FED and their bankers. Note: The people who enacted the FED
started the IRS, within months of the FED's inception. The FED
buys U.S. debt with money they printed from nothing, then
charges the U.S. taxpayers interest. The government had to
create income tax to pay the interest expense to the FED's
shareholders, but the income tax was never legally passed
(Reference 20 shows details, state-by-state why it was not
legally passed). The FED is illegal, per Article 1, Section 8
of the United States Constitution. Not one state legally
ratified the 16th Amendment making income tax legal.

Currently, fewer and fewer Americans are being convicted for
refusal to pay income taxes. In IRS jury trials, the jury, by
law, must decide if the law is just. If taxpayers do not
believe the law is just, the jury may declare the accused
innocent. Judges are legally bound to inform juries of their
right to determine the fairness of a law. Judges often do not
disclose this information so they can control the court
outcome. Luckily, more and more citizens are becoming
informed. If one juror feels the law is unfair, they can find
the defendant innocent (Reference 19). In Utah, the IRS quit
prosecuting taxpayers because jurors verdict is not guilty.
Please tell your friends and sit in the next jury.

If we eliminate the FED and uphold the Constitution, we could
balance the budget and cut personal income tax to almost
nothing. In Congressional hearings on September 30, 1941, FED
Chairman Eccles admitted that the FED creates new money from
thin air (printing press), and loans it back to us at interest
(Reference 17, P. 93). On June 6, 1960, FED President Mr.
Allen admitted essentially the same thing (Reference 22, P.
164). If you or I did this we would go to jail.

It is time to abolish the FED! Tell your friends the truth and
win America back. We don't even need to buy back the FED. We
only need to print money the way the Constitution requires,
not the new proposed international money. We want to keep our
sovereignty and print real U.S. money.

Why has Congress allowed the FED to continue? If a
Congressperson tries to abolish the FED, the banks fund the
Congressperson's opponent in the next election (Reference 17,
P. 35). The new Congressperson will obviously support the FED.
When Congresspeople retire, political campaign funds are not
taxed. Get elected and be a millionaire if you vote right. By
the way, the profit of the FED is not taxed either (Reference
1, 9). Once America understands, and takes action,
Congresspeople will then gladly abolish the FED. In 1992,
Illinois Congressman Crane introduced a bill, co-sponsored by
40 other Congressman, to audit the FED. This is a step in the
right direction.

America is a great nation. As "We the People" become informed,
the media and Congress will be forced to buy back the FED,
balance the budget, significantly cut taxes, and stop allowing
bribes to determine voting strategies. I have already heard
from politicians who claim they will change their platform to
include abolishing the FED if enough people become informed.


The FED hopes you will be passive and not act on this
information. We believe in grass roots America - we are waking
up America. Ultimately, the battle plan is to inform all
Americans and demand change in the media and Congress. True
Americans should run for office and throw out the politicians
who allow this fraud to continue. Congress may refuse to deal
with this issue. That's why each person needs to go to their
local county/state government with the proper paperwork and
ask them to abolish the FED. With the proper documents, they
are legally obligated to do it.


Consider this fact. Most of the given sources in this booklet
show how the blood line of family bankers who own the FED
funded both sides of all major wars. They created fake
colonial money to destroy the Americans during the
Revolutionary War and tried to finance both sides in the
American Civil War. Abraham Lincoln refused and the South
accepted. Many publications show that these bankers financed
World War I, World War II, and the Russian Revolutionary War,
which helped Napoleon, Lenin, and Hitler come to power. They
financed both sides from money created from nothing and
profited greatly. These same bankers created a number of
American depressions to change the U.S. legislation and seize
our wealth. Read the sources for details. This is why our
forefathers wrote in the Constitution that only Congress can
issue money - not private banks (Reference 18).

More wars create more debt which means more profit to the
bankers (Reference 1, 21). These bankers planned three world
wars so people would welcome United Nations intervention to
govern the world in peace, not war. (Reference 22 gives
specific details on World War I and World War II, showing
exactly how the bankers were responsible for the beginning and
continuation of these wars for their profit).

The banks have publicly announced they will force us to a
cashless society by 1997. Furthermore, they plan to create a
one world government through the United Nations headed by the
FED, Trilaterals, and the Council on Foreign Relations
(Reference 3). By the definition of treason, they have
committed treason! This means you lose your rights under the
Constitution and Bill of Rights. Does this sound far fetched?
Twenty-four U.S. Senators (two of them presidential
candidates, Harkin & Tsongas) and 80 Representatives have
signed a "Declaration of Interdependence." This Declaration,
designed to make a one world government, is treason to the
oath of office they took. The media remained silent. The FED
announced publicly that their first objective was to get
nationalism out of the American people's heads because
patriotism to a country would not be of value in the future.
The media makes us think the U.N. has all the answers, and to
"think globally." Congress passed a law stopping certain
individuals from being tried for this treason (Reference 6,
Reference 1, P. 191-198). Why pass this law if no treason was
committed? State Department document 7277 calls for the
disarming of America, thus turning our sovereignty over to a
one-world government. Again, the media is pushing to eliminate
guns. Our forefathers believed that the right to bear arms
would prevent a takeover of our government. History shows that
before any government took over, they disarmed the citizens.
Hitler did it, and before our Revolutionary War, King George
told us to disarm - good thing we didn't!

Under the Federal Reserve Bank Act, the bankers control our
economy. The FED controls interest rates and the amount of
money in the economy. These factors determine either economic
prosperity or the lack thereof. Bankers are now pushing for a
one world government and a cashless society. Why cashless? No
cash means no money for drugs, no theft, and the ability to
collect taxes on the underground economy. Anyone who wouldn't
support a cashless society must be a drug dealer, thief, or
tax evader, right? What a cashless society really means is the
banks can now control you. Today you fear the IRS. In a
cashless society, if you disagree with the bankers' political
goals, you'll find your money gone via computer error. (For
additional information on a cashless society, read Reference
13, P. 174; Reference 3; Reference 14, P. 9-12; Reference 15,
P. 136; Reference 25, P. 216).

If you could accurately predict future interest rates,
inflation and deflation, you would know when to buy or sell
stocks and make a bundle of money. The FED has secret meetings
(per Congressional Record) to determine future interest rates
and the amount of money to be printed. The Securities Exchange
Commission (SEC) by law, stops insiders from profiting by
privileged information. Congressional records prove that FED
bankers routinely hold secret meetings to profit by
manipulating the stock market via interest rates and the
amount of money they create. FED bankers also profit greatly
from economic disasters like the Depression (Reference 22, P.
56). The bankers create inflation, sell their stocks before
the market crashes, then buy up stocks at cheaper prices.
Bankers admitted this to Congress. This violates the law, yet
Congress does not act because these bankers are large
political contributors (Reference 17, P. 96-98; Reference 1,
P. 162-163; Reference 22, P. 114-170 & P. 136). Thomas
Jefferson predicted this scenario if we ever allowed a private
bank, like the FED, to create our currency (Reference 1, P.

FED Chairman Burns states "Killing can be made simply by
knowing the next few months newspapers ahead of time."
Congressman Patman said "The FED officials own more than 100
million dollars (of stocks) while making decisions influencing
these stock prices..." (Reference 24, P. 123). History proves
that banks profit from bankrupting a nation (Reference 22, P.

Congress consistently defeats balanced budget amendments. In
the past 30 years, Congress has raised our taxes 56 times and
balanced the budget only once. We need the sound banking
system our forefathers wanted us to have. History proves that
banking systems like the FED don't work. Major world powers
have been destroyed over similar banking systems (Reference
1). If we don't change this system NOW, in five years the only
thing our taxes will pay is the interest on the national debt.

Section 7 of the Federal Reserve Act, passed December 23,
1913, states that much of the profit of the FED should flow
into the U.S. Treasury. In 1959, new legislation allowed the
FED to transfer bonds to commercial banks at no cost to the
bank. Now the FED receives less interest income and less
profit for the U.S. Treasury because the money is diverted to
other banks through an accounting entry (Reference 17, P.
115-130). Congress and the IRS do not have access to the
financial records of the FED. Every year Congress introduces
legislation to audit the FED, and every year it is defeated.
The FED banking system could easily be netting 100s of
billions in profit each year. Through "creative accounting"
profit can easily be reclassified as expense (Reference 14, P.
20, Reference 17, P. 239). Within the first few years, the
shareholders of the FED received their initial investment back
with no risk. All the income is tax-free, except for property
tax, according to the Federal Reserve Act. When are the
profits of the FED going to start flowing into the Treasury so
that average Americans are no longer burdened with excessive,
unnecessary taxes? Clearly, Congress cannot or will not


* Buy back the FED and have the U.S. Government collect all

* Abolish the FED by printing real U.S. dollars as President
Kennedy attempted (Executive Order 11.110, 1963) (Reference

* Request your county/state to use their Constitutional powers
to abolish the FED. This is the BEST SOLUTION. Nearly half the
states are attempting or considering this action (Reference
5). Congress has had 80 years to follow the Constitution, and
has refused to abolish the illegal FED. The state/county
effort is working faster than any other method. We need your
support to start a local chapter of FED-UP(tm) Inc. and
petition your county.


Congress and the media may want to require the FED to return
the required profits into the U.S. Treasury (per the Federal
Reserve Act, 1913). The problem is that with "creative
accounting" techniques, profit can be easily masked as
expense. The FED has expensed items illegally to lower profit
(Reference 17).

"We the People" have pushed the following states to pass or
introduce legislation calling for an end to the FED: Arizona,
Washington, Arkansas, Idaho, Oregon, Indiana, and Texas. We
still need your signatures on petitions, even if you live in
these states. Many other states are considering such action
due to your petitions. These states and a few honest
Congresspeople are powerless until all Americans become
informed and demand change. Please pass out the petition. Once
we demand change, the media will have to report the whole
truth and not just push their own agenda. FED-UP(tm)
challenges the media to expose the facts on prime time talk
shows or news programs.

By abolishing the FED, we would not pay interest on Federal
Reserve Notes. Until it is abolished, the FED has a monopoly
on profit on our currency and whether our money supply will be
increased or decreased, inflation or depression. The banks are
capable of controlling business by controlling who can or
cannot obtain a loan.

Please take the brochure (Cutting taxes $6,000 per family per
year) to VFW, Moose/Elk Lodges, Bars, Union Halls, Churches,
and Association groups. Make copies of the "single-page"
brochure for everyone at work and ask your friends to do the
same. Ask small business owners in your community to tell
other business owners and spread the brochure and petition
through the local Chamber of Commerce. CPAs should be
interested in saving their clients taxes. Ask your CPA to mail
the brochure and petition out to his/her clients. Upon
receiving this petition, many presidents of large corporations
made this brochure and petition available to all employees.
Once people are informed, we can force a change. People will
have more money to spend, the economy will be strong, and we
can keep our Constitutional rights, liberties, and freedoms.

Contact your library for the names and addresses of your local
and federal Congresspeople. MAIL THEM AN ENVELOPE WITHOUT YOUR
NAME AND ADDRESS ATTACHED. In the envelope, say "FED-UP(tm)
Inc. Abolish the FED." Also enclose one teabag (Boston Tea
Party). Ask your friends to do the same (give them the
addresses). Politicians are aware of the "Teabag Protest." If
you don't mail it in, they're going to believe that we're not
organized or we just don't care. IF YOU DON'T DO IT NO ONE

Many Congresspeople want to make this change, but can't
without the support of the people.


"Allow me to control the issue and the nation's money and I
care not who makes its laws!" The above quote has long been
attributed to the 18th century banker Amshell Rothschild (his
blood line controls the FED). For if one unscrupulous group is
allowed to print a nation's money - it can eventually use that
money to gain control of the press AND the politicians - and
thus gain control of making the nation's laws - and finally -
control of the nation itself. (Reference 4)

If you will take the time to read the reference material
listed which has been researched by Professors of
Universities, Congresspeople, etc, you will turn up
information that might frighten you. For instance, in 1921 the
stockholders of the Federal Reserve financed an organization
called the "Council on Foreign Relations" (CFR). Harpers
magazine called this the most powerful organization in the
United States. Ninety percent of the people in the State
Department and key positions in the Executive Branch are
members of the CFR. The CFR publishes a magazine called
"Foreign Affairs." Read it if you want to know what is going
to happen in coming years. The CFR is in favor of a New World
Order (Reference 3).

Congressman Patman re-quoted Thomas Jefferson showing that our
founding fathers knew this banking principle very well. "I
believe that banking institutions are more dangerous to our
liberties than standing armies...." "Already they have raised
up a money aristocracy that has set the government at
defiance. The issuing power (of money)," he said, "should be
taken from the banks and restored to the people to whom it
properly belongs." The American Revolution was a struggle to
wrest control of wealth from the Bank of England and to
restore the centers of power to the People where it "properly
belongs." The Constitution is specific about the authority of
the People, through their elected officials, to control the
money, and thus, the affairs of their government. (Reference
5, P. 32).

Ben Franklin said in his autobiography that the inability of
the colonists to get the power to issue their own money
permanently out of the hands of George III and the
international bankers was [one of] the PRIME reason[s] for the
Revolutionary War. (Quoted in Reference 4)

Thomas Jefferson stated, "If the American people ever allow
private banks to control the issue of currency, first by
inflation, then by deflation, the banks and corporations that
will grow up around them will deprive the people of all
property until their children will wake up homeless on the
continent their fathers conquered." (Reference 1, P. 247)

Congressman Charles A. Lindbergh of Minnesota said: "This
[Federal Reserve] Act establishes the most gigantic trust on
Earth. When the President [Wilson] signs this bill, the
invisible government of the Monetary Power will be
legalized... the worst legislative crime of the ages,
perpetuated by this banking and currency bill." (Reference 5,
P. 33)

Robert H. Hemphill (Credit Manager, Federal Reserve Bank in
Atlanta): "We are completely dependent on the commercial
banks. Someone has to borrow every dollar we have in
circulation, cash, or credit. If the banks create ample
synthetic money we are prosperous; if not, we starve. We are
absolutely without a permanent money system. When one gets a
complete grasp of the picture, the tragic absurdity of our
hopeless position is almost incredible, but there it is. It
[the banking problem] is the most important subject
intelligent persons can investigate and reflect upon. It is so
important that our present civilization may collapse unless it
becomes widely understood and the defects are remedied very
soon." (Reference 1, P. 247)

Napoleon, a sympathizer for the international bankers, turned
against them in the last years of his rule. He said: "When a
government is dependent upon bankers for money, they and not
the leaders of the government control the situation, since the
hand that gives is above the hand that takes... Money has no
motherland; financiers are without patriotism and without
decency; their sole object is gain." (Reference 4)

Congresspeople have referred to Federal Reserve Notes as
"FIAT" (no- backing) money. (Reference 1, P. 128, 169)

In 1879 the Supreme Court declared that the U.S. Government
can legally issue United States Notes, debt and interest-free,
just as Lincoln and Kennedy attempted. (Reference 1, P. 233)

A bank that attempted to repossess property on the basis of
default faced Judge Mahoney in a jury trial. Jerome Daly was
found innocent. The bank could not foreclose on the property
because it created the loan money from thin air, as many banks
do. Use this as a precedent the next time any bank tries to
foreclose on your house. (Reference 17, P. 82, 83 for court

The FED violates Security & Exchange Commission (SEC) rules.
(Reference 17, P. 96-98)

California 9th Circuit Court declared FED banks are private,
not government. (Reference 17, P. 273)

Mr. Marriner Eccles, who was Chairman of the board of
Governors of the Federal Reserve System longer than any other
man, testified before the Joint Economic Committee in August
1962. When Chairman Rep. Wright Patman asked whether it was
not a fact that the Federal Reserve System has more power than
either the Congress or the President, Eccles replied: "In the
field of money and credit, yes." (Reference 1, P. 206)

Dr. Hans F. Sennholz, Chairman of the Department of Economics
at Grove City (PA) College stated: "The Federal Reserve System
facilitates the government's own inflationary financing in
"periods of emergency." It makes easy the inflationary
financing of budget deficits and the inflationary refunding of
government loans. It stabilizes the government bond market
through inflationary methods and manipulates this market to
the advantage of the government. It does all this by wrecking
the purchasing power of the dollar; by subtly stealing from
the people of this country what it thus provides for the
government, through a process exactly on par with the coin
clipping of ancient kings but much less visible." (Reference
1, P. 250, 251)

Source: Banking Act of 1935, Hearings before a Subcommittee of
the Banking and Currency Committee, U.S. Senate, 74th
Congress, 1st Session, on S.1715, May 1935, pp 871-2. "The
Federal Reserve System is in the wrong hands. No
Constitutional republic can function when the government's
money powers are in the hands of the financial oligarchy such
as New York financiers.

A Republican Senator, who preferred to remain unnamed, stated:
"Congress is too much motivated by fears and anxieties
concerning pressure groups and the "non election." (Reference
1, P. 210)

By controlling Congress, the FED has been able to control the
nominating conventions of both political parties. In this way,
it has been able to hand-pick the presidential nominees so
that no matter which party wins, their nominee for President
is under definite obligations to the FED... (Reference 1, P.
210; Reference 22)

In 1975, the Rockefeller Foundation Report discussed the
"Interdependence" of the countries of the world on each other.
It stated we are one world and America shall become a
nation-state under one government. They also say we must reach
a zero state population growth. The Rockefeller Foundation
stated that they have in excess of 747 million dollars to
achieve this with. (Reference 3)

Congressman John R. Rarick states that the Council on Foreign
Relations CFR) is dedicated to a one world government. The
media remains conspicuously quiet. The CFR wants to convert
the U.S. from a sovereign, constitutional republic into a
servile member state of a one world dictatorship. On February
17, 1950, CFR member James Warburg (banker, and architect of
the Federal Reserve System) stated before a Senate Foreign
Relations Committee, "We shall have one world government
whether or not you like it, by conquest or consent." Again,
the media remained silent. In the April 1974 issue of the CFR
journal, "Foreign Affairs", page 558, Richard Gardener states
that the new world order "will be built... but an end run
around national sovereignty, eroding it piece by piece, will
accomplish much more than the old fashioned frontal assault."
Congressman McDonald, Heinz and Tower stated that this is a
conspiracy. Again, the media remained silent. (Reference 14,
P. 17, 18, 32, 33).


In a letter to Thomas Jefferson, John Adams wrote: "All the
perplexities, confusions, and distresses in America arise, not
from defects in the Constitution or confederation, not from
want of honor or virtue, as much as from downright ignorance
of the nature of coin, credit, and circulation".

British bankers have stated "Those that create and issue money
and credit direct the policies of government and hold in their
hands the destiny of the people". (Reference 1, P. 200-214)

Adams, Jefferson, and Lincoln believed that banker capitalism
was more dangerous to our liberties than standing armies. In a
republic, banks would lend money but could not create or
manufacture it. (Reference 1, P. 215)

Later, Jefferson used stronger language and denounced the
institution as "one of the most deadly hostilities against the
principles and form of our Constitution." Some have said that
Jefferson did not favor a strong central bank. What he did not
favor was the delivery of our monetary system into private
hands to be run for private profit. (Reference 1, P. 230)

President James A. Garfield said: "Whoever controls the money
in any country is absolute master of industry [legislation]
and commerce". (Reference 1, P. 247, Reference 4)

Without the Federal Reserve System, there can be no continuing
march towards socialism, and with it there can be no free
economy. (Reference 1, P. 251)

By controlling our own money, Thomas Jefferson expected that
the government would incur no debt, as had occurred in the
European system. (Reference 1, P. 243) European banks are like
the FED.

The FED system is the death of our Constitution. (Reference 1,
P. 250)



* England lost the Revolutionary War.

* England nearly destroyed the Colonies by creating fake
Colonial money and hyper-inflation.

* Rothschilds who control the Bank of England (Like our FED)
said that by controlling the issue of money (printing it) you
can control the government.

* The authors of the Constitution understood private banks"
control over governments. The Constitution gives only Congress
the right to print money.

* From the beginning of the United States to present there
have been two ways to issue new currency:

The first way is to have the government print the money, debt
and interest- free, and circulate it through the economy for
use as a medium of exchange. There is no tax levied to pay
interest on the currency in circulation because it is debt and
interest-free. This is the system Lincoln used with his
"greenbacks", a system Kennedy desired, and Jefferson

The second method is: The Citizens allow the bank to print
$500 billion in currency (cash). The bank pays for printing
costs, ink, and paper. The Citizens do not charge the bank any
interest for use of the $500 billion in printed currency. The
bank uses the $500 billion cash to buy a $500 billion
government bond which pays the bankers interest. The bank
keeps some of the bonds and sells, for a fee (10%), some of
the bonds to the public. The bank can buy back the bonds from
the public simply by printing more money. The bankers can
create inflation and depressions by manipulating the amount of
currency in circulation. The FED operates exactly like this
today. It also prints money (through the U.S. Treasury) and
uses this printed money to buy loans from other banks. This
money has created our inflation. We give the bank cash
interest-free, then they charge us interest on our own

Take a look at our history in view of the two banking systems:


From the autobiography of Ben Franklin as reported by Gertrude
Coogan in Money Creators:

...the inability of the colonists to get the power to issue
their own money permanently out of the hands of George III and
the international bankers was the PRIME reason for the
Revolutionary War. (Reference 4).

Ben Franklin answering a question about the booming economy of
the young colonies: "That is simple. In the colonies we issue
our own money. It is called Colonial Scrip. We issue it in
proper proportions to the demands of trade and industry."
(Colonial Scrip had no debt or interest attached.) (Reference


International bankers saw that interest-free scrip would keep
America free of their influence, so by 1781 banker-backed
Alexander Hamilton succeeded in starting the Bank of America.
After a few years of "bank money", the prosperity of "Colonial
Scrip" was gone. Benjamin Franklin said, "Conditions were so
reversed that the era of prosperity had ended and a depression
set in to such an extent that the streets of the Colonies were
filled with the unemployed!" Bank money was like our FED
money. It had debt and interest attached. By 1790 Hamilton and
his bankers had created a privately owned central bank and
converted the public debt (interest-free) into interest
bearing bonds, payable to the bankers. When Hamilton's bank
charter expired in 1811, the international bankers started the
war of 1812. By 1816, another privately-owned U.S. bank was
started with $35 million in assets - only $7 million of that
was owned by the government. This bank lasted for 20 years.
U.S. history shows that currency with debt and interest
attached created a depression. (Reference 4)


When the 1816 charter expired in 1836, Andrew Jackson vetoed
its renewal. It was then that he made two famous statements:
"The Bank is trying to kill me - but I will kill it!" Later he
said "If the American people only understood the rank
injustice of our money and banking system - there would be a
revolution before morning..." (Reference 4)


President Lincoln needed money to finance the Civil War, and
the international bankers offered him loans at 24-36%
interest. Lincoln balked at their demands because he didn't
want to plunge the nation into such a huge debt. Lincoln
approached Congress about passing a law to authorize the
printing of U.S. Treasury Notes. Lincoln said "We gave the
people of this Republic the greatest blessing they ever had -
their own paper money to pay their debts..." Lincoln printed
over 400 million "Greenbacks" (debt and interest-free) and
paid the soldiers, U.S. government employees, and bought war
supplies. The international bankers didn't like it and wanted
Lincoln to borrow the money from them so that the American
people would owe tremendous interest on the loan. Lincoln's
solution made this seem ridiculous. (Reference 1, P. 46, 47;
Reference 4)

Shortly after Lincoln's death, the government revoked the
Greenback law which ended Lincoln's debt-free, interest-free
money. A new national banking act was enacted and all money
became interest bearing again. (Reference 4)

The late Thomas A Edison explained the matter of issuing
currency this way: "If our nation can issue a dollar bond
(interest bearing) it can issue a dollar bill (interest-free).
The element that makes the bond good makes a bill good also.
The difference between the bond and the bill is that the bond
lets money brokers collect twice the amount of the bond and an
additional 20 percent, whereas the currency pays nobody but
those who contribute directly in some useful way. It is absurd
to say that our country can issue $30 million in bonds and not
$30 million in currency. Both are promises to pay: But one
promise fattens the usurers (interest collectors) and the
other helps the people." (Reference 1, P. 46)

The FED is owned largely by foreign banks that control our
economy and Congress through the power of money and the media
which they bought with profits generated with profits
generated by artificial debt.

If we can convert U.S. dollars that are debt and interest-free
to interest bearing currency, we can change it back just as
easily. Both the media and the banking system will probably
claim that such a change will cause hyper- inflation. The
answer however, can be found in history. Lincoln printed debt
and interest-free Greenbacks (cash) to finance an entire war.
With added production you can add currency without having
hyper-inflation. Lincoln proved it. John F. Kennedy - a
President with vision! On June 4, 1964, President Kennedy
issued Executive Order 11110. This Executive Order called for
the issuance of new currency - the United States Note. At the
time, $4,292,893 of this currency was put into circulation.
This new currency was to be distributed through the U.S.
Treasury and not the Federal Reserve System. Furthermore, it
was to be issued debt and interest-free. Upon Kennedy's
assassination, this currency was withdrawn from circulation,
never to be issued again. The media remained silent on how
Kennedy would have eliminated the debt and interest payments,
and therefore eliminated the FED. Interest-free United States
Notes do not result in hyper-inflation. By issuing United
States Notes, interest-free, we have less interest expense,
and less taxes. With less taxes people spend more and buy
more. This result is added production, and therefore, you can
add dollars without inflation. Either Rockefeller and his
people will spend your tax money into the economy or you get
to spend your own money by paying less taxes. The bankers want
you to think you'll have mass inflation by changing the
system. This is only true if you add dollars to the economy
without added production. For example, look what happened in
post World War I Germany. They merely printed money without
increasing production. The result was hyper-inflation. Another
example: In the entire economy, if you have only 10 loaves of
bread and only $10, each loaf would sell for $1. If you print
an extra $10, now you have $20 and the 10 loaves which would
sell for $2 each. This is only true if we don't have added
production. By cutting taxes, people will spend more and buy
more bread. If we print more money and bake more bread, we
have $50 and 50 loaves, so each loaf still sells for $1. As
long as you monitor production with increased cash, inflation
will not occur. Under the FED system, the price of bread has
dramatically increased since 1913. If we cut taxes and YOU
spend your money instead of the BANKERS spending it, you will
have more bread, cars, and wealth than the bankers. SOMEONE
will spend your money - it might as well be YOU!

A FED-like banking system has destroyed other governments. In
five years the only thing taxes will pay is the interest on
the debt. Clearly, the FED must be abolished before we're
demolished! Already laws are set up to have a dictatorship
when we have the economic crisis (Federal Emergency Management
Act, or FEMA).

Under the FED system, when a new dollar is issued, we pay
taxes to pay for the dollar as the principal (debt) plus
interest on the dollar. We pay for each new dollar twice, and
who gets most of the money? The bankers, who control this
money. Taxpayers should only pay taxes for the paper, ink, and
printing costs of new money. Why should we give bankers the
right to print money on a printing press, charge them no
interest on this money, and then let them exchange their
"free" money for a government bond that pays them interest??

England never gave up on owning the United States. They are
still silently fighting the same Revolutionary War. The Bank
of England, through the Rothschilds, owns and controls the FED
(Reference 22). We have been robbed of our wealth, and in five
years we will be bankrupt if there is no change. The FED
BUSINESSES, just as Thomas Jefferson predicted.


U.S. history proves that issuing debt and interest-free
currency allows our economy to prosper, as long as Congress
controls the amount of money created. You can add printed
dollars into the economy as you add production, and there will
be no inflation. With today's sophisticated computers, we can
easily monitor the printing of money and inflation.

Congress needs to buy back the FED and/or abolish it. Any
government debt they own would be automatically eliminated.
All remaining debt could be paid as needed with the same type
of currency Kennedy issued (debt and interest-free United
States Notes). United States Notes are backed by the full
faith of the best government in the world - The United States
of America. This is no different than the backing of today's
Federal Reserve Notes. U.S. citizens collect only a small
fraction of the interest income on Federal Bonds and Bills.
Foreigners benefit from this interest, but we pay the tax so
that they collect interest on our currency. This makes sense
to bankers and Congresspeople who receive money from bankers
and foreign lobbyists.

As we pay less interest, government spending will decrease and
so will taxes. Less taxes mean that people buy more goods and
services and our economy expands. An expanded economy means
more jobs and higher profits for businesses. More profit means
increased state/federal business taxes. Businesses continue to
pay taxes while personal taxes decrease. People will have more
money to spend, will buy more, and therefore pay increased
state sales tax. This allows the states to balance their
budgets without raising real estate taxes. As history proves,
we will prosper.

For 80 years the FED has destroyed our economy. It will take
years to undo this damage. Just as Congress appoints a Postal
Service, we will have Congress appoint an agency to monitor
inflation as we exchange our retiring government debt for debt
and interest-free United States Notes (cash). We need to break
up all Central Banks created by the FED and return to the
Constitution of the United States. We have to return the power
of the citizens' money back to the people.


* Inform all Americans of this report and collect signatures
on the petition.

* Demand that Congress and the media support "We the People's"
rights to uphold the Constitution and abolish the illegal FED.

* Write to your local newspaper, show them this report and ask
them to keep freedom of the press alive, support the
Constitution and abolish the FED. Freedom of the press should
not be limited to those who own it.

* Write to CNN and other media. Tell them you want to see
FED-UP(tm) on their programs.

* Ask your State/County Representatives to use their
Constitutional powers to enforce your rights under the
Constitution to have the FED abolished. Write to Reference 5
for detailed paperwork to be given to your local government.

* Call in on TV and radio talk shows and discuss why the FED
should be abolished.

* Support businesses who distribute the petition and display
the sign "FED-UP". If they don't, please ask them to.

* Ask candidates if they plan to introduce legislation to
abolish the FED and uphold the Constitution which they are
obligated to defend. Make candidates take a stand! Have the
politician sign a contract with "We the People" enacting
legislation to abolish the FED by a certain date or the
politician must resign from office. The Democratic Congress
and President promised the people "no FED" before the
election. Thirteen months later, they passed the FED.

* Display your bumper sticker to show support and inform

* If 5,000 people distribute 2-3 brochures daily, we can
inform half a million Americans monthly. Roughly 10% of these
half a million people will make copies and inform others. Our
goal is to inform 70 million adult Americans. Public opinion
will soon be on our side. Once 10% of the population know, the
other 90% will follow.

* Pray and ask God to return us to "One nation under God."

It is our recommendation that you research the references
listed, support all organizations that re trying to stop this
fraud, and help us in our goal to get every American to sign
this petition.


(1) "The Federal Reserve Bank", by H.S. Kenan, published by
The Noontide Press
(2) National Committee to Repeal the Federal Reserve Act, P.O.
Box 156, Westmont, IL 60559
(3) "The New World Order,Saving America", P.O. Box 1205,
Middleburg, FL 32050-1205
(4) "Bulletin", February 1989 & November 1991 issues, P.O. Box
986, Ft. Collins, CO 80522 (Newsletter; $3 each)
(5) "The Most Secret Science", Betsy Ross Press, P.O. Box 986, Ft. 
Collins, CO 80522 (Book) States attempt to abolish the FED. $12.00 
(6) "Insider Report", P.O. Box 84903, Phoenix, AZ 85071 
(7) "Phoenix Journal Express", P.O. Box 986, Tehachap, CA 93581 
(8) $16 trillion in government and private debt, much of which the FED 
printed and collected interest on (Reference 3) 
(9) Northpoint Tactical Team, P.O. Box 129, Topton, NC 28781 
(10) Christian Defense League, Box 449, Arabi, LA 70023 
(11) "Bulletin", June 1992 issue, P.O. Box 986, Ft. Collins,
CO 80522 (Newsletter; $3 each)
(12) "Savings and Loan Unethical Bailout" by Rev. Casimir F. Gierut 
(13) "Dark Secrets of the New Age" by Texe Marrs 
(14) "En Route to Global Occupation" by Gary H. Kah 
(15) "One World" by John Amkerberg & John Weldon 
(16) "The Spotlight", Liberty Lobby, 300 Independence Ave. S.E., 
Washington, D.C. 20003 (Newspaper) 
(17) "Repeal the Federal Reserve Banks" by Rev. Casimir Frank Gierut 
(18) The Constitution of the United States 
(19) "Walls in Our Minds" by M.J. Red Beckman, Common Sense
Press, P.O. Box 1544, Billings, MT 59103. A must read book -
(20) "The Law That Never Was" Volume I, Bill Benson & M.J. Red
Beckman, P.O. Box 1544, Billings, MT 59103 or write to Bill
Benson, P.O. Box 550, South Holland, IL 60473. Proof that the
16th Amendment (income tax) was never properly ratified.
(21) "New World Order: The Ancient Plan of Secret Societies"
by William T. Still
(22) "The Secrets of the Federal Reserve" by Mullins 
(23) "The Social Security & Pension Conspiracy" by Metz 
(24) "The History of the Federal Reserve. How to Replace It or
How to Reform It" by Metz - for references 23 & 24 write to
Howard Metz, P.O. Box 341, Malverne, LI 11565
(25) "The New World Order" by Pat Robertson. On page 131 he states 
that we must abolish the FED. 
(26) "Operation Vampire Killer 2000", highly recommended book.
$6.00 ($8.00 for 2) from ACLA, P.O. Box 8712, Phoenix, AZ
85066 This is a must read book with quotes from well known
people. This book proves conspiracy. Your local police needs
to read this book so they will protect you - not become United
Nations Agents against you. This book will stop the New World
Order plan to take over the U.S.A.

"America Betrayed", Center For Action, 652 N. Glenview, Nesa,
AZ 85213

For references 1, 12, and 17, contact The National Committee
to Repeal the Federal Reserve Act (Reference 2)


Here's one terrific example. John Swinton, the former Chief of
Staff for the New York Times, was one of New York's best loved
newspapermen. Called by his peers "The Dean of his
Profession", John was asked in 1953 to give a toast before the
New York Press Club, and in so doing, made a monumentally
important and revealing statement. He is quoted as follows:

"There is no such thing, at this date of the world's history,
in America, as an independent press. You know it and I know
it. There is not one of you who dares to write your honest
opinions, and if you did, you know beforehand that it would
never appear in print. I am paid weekly for keeping my honest
opinion out of the paper I am connected with. Others of you
are paid similar weekly salaries for similar things, and any
of you who would be so foolish as to write honest opinions
would be out on the streets looking for another job. If I
allowed my honest opinions to appear in one issue of my paper,
before twenty-four hours my occupation would be gone. The
business of the journalists is to destroy the truth; to lie
outright; to pervert; to vilify; to fawn at the feet of
mammon, and to sell his country and his race for his daily
bread. You know it and I know it, and what folly is this
toasting an independent press? We are the tools and vassals of
rich men behind the scenes. We are the jumping jacks, they
pull the strings and we dance. Our talents, our possibilities,
and our lives are all the property of other men. We are
intellectual prostitutes."

RICHARD M. COHAN, Senior Producer of CBS political news said:
"We are going to impose OUR AGENDA on the coverage by dealing
with issues and subjects that WE choose to deal with."

RICHARD SALANT, former President of CBS News stated: "Our job
is to give people not what they want, but what WE decide they
ought to have."

And what is "their" agenda? What do they believe we, the
American people, - THE COMMON HERD, "...ought to have?" Here
is the answer:

NORMAN THOMAS - For many years the U.S. Socialist Presidential
candidate proclaimed: "The American people will never
knowingly adopt Socialism. But under the name of "liberalism"
they will adopt every fragment of the socialist program, until
one day America will be a Socialist nation, without knowing
what happened."

HERMAN DISMORE, foreign editor of the New York Times from 1950
to 1960: "The New York Times is deliberately pitched to the
liberal (socialist) point of view."

WALTER CRONKITE: "News reporters are certainly liberal
(socialists) and left of center."

BARBARA WALTERS: "The news media in general are liberals

Reference for everything above - Operation Vampire Killer,
P.O. Box 8712, Phoenix, AZ 85066

The world, finally including even the balky American public,
is "being rapidly educated into overcoming limited patriotism"
and accepting "United Nations solutions to common global
problems," said Henry Kissinger.

Bilderberg participants expressed satisfaction with progress
toward world government on two fronts:

* Establishing a UN tax to not only finance new global
programs, but to condition "citizens of the world" to paying

* Conditioning the public -- again, especially "those stubborn
Americans" -- to accept the idea of a UN army that could, by
force, impose its will on the internal affairs of any nation.

"Today, Americans would be outraged if UN forces entered Los
Angeles to restore order; tomorrow, they will be grateful,"
Kissinger said (of the 1992 Los Angeles riot).

Kissinger reported on a shocking speech made by UN Secretary
General Butrous Ghali to the American Association of Newspaper
Publishers at UN headquarters in New York in early May. The
publishers' newspapers covered up the story.

The UN Security Council must have a permanent force that can
be deployed anywhere in the world, instantly, to "protect the
peace" and "ensure human rights" the secretary-general told
the newspaper publishers.


This force must be allowed to intervene "at the local and
community levels," the UN leader told the American publishers.

What is "especially gratifying," Kissinger said, "is that the
publishers showed no reservations about the prospects of UN
forces landing in the United States and imposing the UN's

Reference - The Spotlight, June 8, 1992, page 10. Liberty
Lobby, 300 Independence Ave. S.E., Washington, D.C. 20003


* Various dates and proofs that the Bankers created panic to
push Congress to pass laws favoring bankers... Reference 22

* President Wilson received $85,000 bribe from bankers...
Reference 22, pages 25-26

* How England, through the Bankers, controls our Congress...
Reference 22, pages 47-48

* Rockefeller is connected to President Carter... Reference
22, page 171; Reference 25, page 103

* How George Bush is directly connected to the FED bank...
Reference 22, page 49

* President Hoover and President Roosevelt were international
Bankers... Reference 22, pages 69-71 and pages 157-159

* President Nixon was hired by Rockefeller's law firm to
become President... Reference 25, pages 100-101

* FED owner's manual to destroy and control U.S. citizens...
Reference 22, pages 55-56

* Proof Bankers claim they control the government... Reference
22, page 59

* Proof the FED knowingly created the Great Depression for
their gain... Reference 22, pages 137-170

* FED bankers are directly linked to the New World Order and
the United Nations. New World Order was discussed by George
Bush, Rockefeller, Adolph Hitler, and Jimmy Carter...
Reference 25, pages 5-7

* The Great Seal on back of the FED $1 bill, below pyramid,
the NOVUS ORDO SECLORUM means "New World of the Ages" or --->>
New World Order... Reference 25, page 35

* How the Banker's tax-exempt organizations fund activities to
destroy America's freedom by attacking our Constitution and
way of life... Reference 25, pages 138-159; Reference 14
(throughout whole book)

* Senator Barry Goldwater warned of economic powers capable of
bypassing or controlling the political powers. Bank induced
depression is possible in the future to force political
change... Reference 25, 131

* Rockefeller's money was used to seize control of America's
teaching and training of students by rewriting history and
textbooks. Rockefeller has also funded the National Education
Association (NEA)... Reference 14, page 61

* Gary Kah, high-ranking government liaison having first-hand
knowledge of the New World Order exposes the truth. Read his
book and En Route To Global Occupation... Reference 14


First, we must uphold the Constitution. Please call the
Hotline (217-854-7504) weekly for new information. When a
state considers a Constitutional Convention, concerned
Americans call the Hotline and it gives us the names and
telephone numbers of the legislators involved. It tells us
exactly what to say, and to whom. The Hotline helps us to
fight and win!

Secondly, we must change the opinions of the masses with
information. The brochure has been a big help, and once 10% of
the population agrees to abolish the FED, the rest will

It is obvious the media (radio and newspapers) have lied about
the FED and the efforts of FED-UP(tm) to educate people with
the truth. This will not stop us - we will persist! Decide for
yourself if you want to win America back. If 10,000 patriotic
Americans each distribute 1,000 brochures, 10 million
Americans will become informed. It would be almost impossible
to stop people from talking about abolishing the FED if that
many Americans were informed. Another way you can participate
is to put a bumper sticker on your car. Over 1,000 people
every month will see that bumper sticker about abolishing the

If you think our goal is impossible, remember this; only 3% of
Americans supported the Revolutionary War, and we won that
war. We can win this war too, but only with your help.


For the secret owners of the FED to control the volume of
money and become our absolute masters, they had to get the
Gold away from our grandparents. This was accomplished in 1933
with the threats of fines and imprisonments by their President
Franklin D. Roosevelt with aide Harry Hopkins, who said...
"Elect, elect, elect, tax, tax, tax, spend, spend, spend, for
the people are too damned stupid to understand". By the way,
Roosevelt was an international Banker. See Fool's Gold is
Green by Winston Smith.


Our government never had a chance...with political corruption
ravaging its Constitution. The *real facts* don't lie...and
neither do government documents...Congressional Record,
Congressman Wright Patman, A Primer On Money prepared by the
Sub-committee on Domestic Finance, House of Representatives,
Committee on Banking and Currency - 88th Congress, 2nd
session, August 4th, 1964 and December 23, 1913, page 1464 &

Congressional Record, Congressman Louis McFadden, June 10,
1932, House of Representatives, pages 12604-12605

Congressional Record, 98th Congress, 1st session, February 3,
1983, Congressman Ron Paul

Congressional Record, Committee on Banking and Currency, House
of Representatives, 77th Congress, 1st session, Tuesday,
September 30, 1941, pages 1342-1345




The Revolutionary War was fought and the Constitution was
written to prevent other nations and private banks from
issuing (printing) money and controlling our currency.

In 1913, members of Congress committed treason and violated
their oath of office to defend the Constitution against all
enemies foreign and domestic by voting in the Federal Reserve

For the New World Order to create a one world government, they
must control a central bank, eliminate the Constitution, end
Christian values, disarm America, and control the media. The
Council on Foreign Relations has openly said they will take us
over in favor of a one world government. The American people
must be warned or we may lose our freedom forever. If we do
not demand our rights and uphold the Constitution, the CFR and
bankers will continue their march toward socialism. If we
allow them to continue, they will abolish our rights and put
an end to our present government. I urge all Americans to
distribute the "main" FED-UP brochure ("saving $6000 in taxes
per year, per person & balancing the budget) and collect
signatures on the petition (see order form in the main
brochure). Then all informed Americans can take action and
hold their politicians accountable. The bankers control the
media, but can not stop patriotic Americans from using copy
machines to distribute information and inform America. Once
informed, people will demand an explanation why Congress
allowed this fraud as the media appeared to be independent and
investigative, but remained silent on this important issue.

The ones who scream the loudest to keep the Federal Reserve
Bank probably profit the most.

[About the Author:]

Thomas D. Schauf, CPA, is a national speaker to Certified
Public Accountants and business leaders. Mr. Schauf's
expertise includes banking, the economy, business appraisals,
mergers, and acquisitions.

We are looking for leaders in all states to help us abolish
the FED. Please write and let us know you're willing to help.
The future of America depends on you.



Mr. Schauf and other speakers are available to speak at
seminars, group meetings, on radio, and on television.

FED-UP(tm) * P.O. Box 834 * Streamwood, IL 60103-0834 

(C) 1992 Thomas D. Schauf 



Our country likes to thank our forefathers for the

I wish to thank Mr. Lou Gamboa for his research of the
Constitution and our banking system. Lou Gamboa is a national
speaker on the subject, and has spoken on numerous radio
programs in an effort to educate the public.

I also want to thank Bob Corcoran for his research and

I applaud the thousands of patriotic Americans who are
spreading the word so we can live in economic prosperity and
uphold our Constitutional rights.


(Reference 22, P. 168)

Rothschild, a London Banker, wrote a letter saying "It
(Central Bank ) gives the National Bank almost complete
control of national finance. The few who understand the system
will either be so interested in its profits, or so dependent
on its favours, that there will be no opposition from that
class... The great body of the people, mentally incapable of
comprehending, will bear its burden without complaint, and
perhaps without even suspecting that the system is inimical
(contrary) to their interests." [The bankers created the
legislation for the FED]

In 1913, before the Senate Banking and Currency Committee, Mr.
Alexander stated: "But the whole scheme of a Federal Reserve
Bank with its commercial-paper basis is an impractical,
cumbersome machinery, is simply a cover, to find a way to
secure the privilege of issuing money and to evade payment of
as much tax upon circulation as possible, and then control the
issue and maintain, instead of reduce, interest rates. It is a
system that, if inaugurated, will prove to the advantage of
the few and the detriment of the people of the United States.
It will mean continued shortage of actual money and further
extension of credits; for when there is a lack of real money
people have to borrow credit to their cost."

Wisdom And Freedom produced by WORLD NEWSSTAND 
Copyright © 1999. ALL RIGHTS RESERVED. 
page image by Boogie Jack 



"Apocalypse Now and the Brave New World"

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