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DOW JONES     President Wilson the traitor of USA in 1913, sell Fed to private bankers (Christina)

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Christina     posted : 24/12/13   11:32 pm

The Federal Reserve Act (ch. 6, 38 Stat. 251, enacted December 23, 1913, 12 U.S.C. ch. 3) is an Act of Congress that created and set up the Federal Reserve System, the central banking system of the United States of America, and granted it the legal authority to issue Federal Reserve Notes, now commonly known as the U.S. Dollar, and Federal Reserve Bank Notes as legal tender. The Act was signed into law by President Woodrow Wilson.

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Some of the questions raised include: whether Congress has the Constitutional power to delegate its power to coin money or issue paper money, whether the structure of the federal reserve is transparent enough, whether the Federal Reserve is a public Cartel of private banks (also called a banking cartel) established to protect powerful financial interests, low but steady increases in inflation, high government deficits, and whether the Federal Reserve's actions increased the severity of the Great Depression in the 1930s
I\'m happy to receive any constructive criticism about my trades. I\'m always ready to learn more.
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