"The Fed Scam"

The Federal Reserve Bank is Set Up as a Privately Owned Banking Cartel Owned and Controlled by a Small Elitist Group of Powerful International Bankers.

The Fed Scam

by Thomas D. Dowling
Special thanks to a True Patriot, Steve Langford

for his great insight, wisdom, patience and help.

The Federal Reserve Bank is Set Up as a Privately Owned Banking Cartel Controlled by a Small Elitist Group of Powerful International Bankers.

End “The Fed Scam” Now! No More “Banksters”!

This Same Cartel Owns Other Central Banking Systems Worldwide Including

the IMF (International Monetary Fund) and World Bank.


“We the People”  Will No Longer Tolerate Government Corruption!

“I am concerned for the security of our great Nation; not so much because of any threat from without, but because of the insidious forces working from within.”  Douglas MacArthur

The Only Real Financial Crisis Of The U.S.A.

Is Hiding In The Audit Of “The Fed Scam”!


Audit “The Fed Scam” bills HR 1207 must pass in The House and S 604 must pass in The Senate Immediately! Any Representative or Senator that does not vote in favor of and support these bills or Tries to “Water-Down” or STALL these bills is clearly a Traitor and “Sold Out” the United States of America!

We must never again allow our leaders to have unaccountable trust! EVER! People are corruptible! We must always question and watch very closely everything they do!

Our Liberty, Our beloved Constitution, Our National Sovereignty, “We the People” and the fact that we are a Constitutional Republic is why the United States of America is the Greatest Nation in the World!

Any bad truths about our Country are the slow results of the corruptible human nature of a few individuals! Power and wealth can corrupt a person if not kept in check! After we fix our current problems, and we will, we must put in play many more “checks and balances”. We must figure out a way to completely take away the opportunity of corruption! Nothing personal – but “We the People” must always come first and be protected!

“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks…will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered… The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.” — Thomas Jefferson

We Are A Sovereign Nation!  A Constitutional Republic!

‘We the People” need to keep a real close eye on all our government “public servant” employees. Our government was set up to serve U. S. and we no longer want any secrets about OUR money.

Does our government think that “We the People” are now here to serve them? Are they out of their minds?

Some of our leaders today have acquired a very “twisted” view of their roles. Do they understand that The Constitution of the United States was written with a spirit of honor and integrity because our “Forefathers” were humble “public servants”? Do we now have those who can no longer handle the power we entrusted them? Why have they abused and taken advantage of us? Do they no longer think they are accountable to us and believe they can do whatever they please? Our “public servants” have developed a “Spirit of Insubordination” and have gotten way out of control!

This has to stop right now! This is ridiculous! If they do not want to listen to and serve us wholeheartedly, we no longer need them! “We the People” of the United States need to do a major house cleaning of our “public servants” immediately! Enough is Enough!

“Experience has shown that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny.” Thomas Jefferson

Were you shocked and upset at Bernard Madoff, the disgraced financier who was handed down a $171 billion forfeiture order? Federal prosecutors said Madoff orchestrated perhaps the largest financial swindle in history (Not Even Close!). Bernard Madoff is a measly amateur compared to “The Fed Scam Banksters”. This is a “drop in the bucket” in comparison. Do you understand that within our own government there are those who would steal or have already let others steal from us? Is it our fault, for being so trusting and not making all our high-level government employees more accountable?

No, it’s the fault of our lowlife, greedy American cockroach leaders who have betrayed us!

“Few men have virtue to withstand the highest bidder.” — George Washington

It’s time for “We the People” of the United States of America to get VERY ANGRY!

Our Country’s biggest enemy attacks from within!

Donald Kohn who is the vice-president of “the Fed Scam’s” board has actually threatened Congress on raising the interest rates if they don’t stop the Ron Paul Movement to Audit “The Fed Scam”. This blatant kind of arrogance from unscrupulous people like this really burns me up! Do our government leaders now understand they are totally exposed? “We the People” have figured everything out! Maybe Donald Kohn should be the first person arrested! After him, the rest of this “gang of hoodlums” needs to be investigated immediately:

Ben Bernanke, the Chairman of the Board of Governors of “the Fed Scam”, Nancy Pelosi, Speaker of the House, Harry Reid, Majority Leader of the Senate, Barney Frank, House Finance Chairman, Tim Geithner, Treasury Secretary, Rahm Emanuel, Chief of Staff, all The Owners of “The Fed Scam”, including “The Fed Scam’s” international banking owners from around the world and the administration of all twelve regional “Fed Scam” Banks.

Anybody who supports “The Fed Scam” is Clearly a Traitor to
“We the People” of the United States of America!

“We can all commiserate forever about how bad things have been, are, and will continue to be. But I don’t think that we can afford to wait for elections in order to have our say about putting a stop to this madness. Enough, already! Let’s start talking treason, prison, and death penalties for all malefactors in government who subvert, ignore, skirt and otherwise trash the Constitution of these United States of America. Those who have sworn to uphold the Constitution and have then ignored their oaths of office are guilty of perjury and malfeasance in office.” — Stephen A. Langford (Amherst College, 1963; personal 19 June 2009 communication to this author; by permission)

“We The People” Demand real Transparency, with open books and plenty of civilian watchdog czars. Government czars are an insult to the intelligence of the American people! We no longer want any misguided governmental arrogance directed at us!

“The time is near at hand which must determine whether Americans are to be free men or slaves.” — George Washington

Many of are entrusted government employees are a total disgrace to the United States of America! They only care about their own best interests!

“When the people fear their government, there is tyranny; when the government fears the people, there is liberty.” —Thomas Jefferson

We are now educated on banking and “The Fed Scam”. We understand interest rates. We understand terms like “fractional reserve banking” and “fiat money”. We know that “The Fed Scam” is set up as a privately owned “Banking Cartel” and that they use deception and doublespeak on us because they think Americans are ignorant morons! We understand the trickery and sleight of hand! Shame on ‘The Fed Scam” for taking advantage of us! They are 100% accountable now! This is our money! They have betrayed us!

“Our Founders never would have tolerated its abusive power or methods of bribery. It is a detriment to not only the economy but also the very existence of a representative form of government and all Americans who want to experience true freedom.” — Chuck Norris (on “The Fed Scam”)

DO NOT STEAL from “We the People!”

We Want All Our Money Audited Now!

All The Way Back To 1913!

The Only Real Financial Crisis Of The U.S.A.

Is Hiding in the Auditing of “The Fed Scam”!


“History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance.” James Madison

See also Matthew 21:12

A Little Historical Dialog

1811: The charter for the Rothschild’s Bank of the United States runs out and Congress votes against its renewal. At the time Andrew Jackson (who would become the 7th President of the United States from 1829 to 1837) says,

“If Congress has a right under the Constitution to issue paper money, it was given them to use by themselves, not to be delegated to individuals or corporations.”

Nathan Mayer Rothschild is not amused and he stated,
Either the application for renewal of the charter is granted, or the United States will find itself involved in a most disastrous war.”

Andrew Jackson’s response to this is to say,
“You are a den of thieves vipers, and I intend to rout you out, and by the Eternal God, I will rout you out.”

Nathan Mayer Rothschild’s reply to that being,
“Teach those impudent Americans a lesson. Bring them back to colonial status.”

Andrew Jackson was one of the very few presidents that did not have the banking leeches stealing from us. On January 30, 1835, an assassin tried to shoot President Jackson, but miraculously both of the assassin’s pistols misfired. Andrew Jackson would later claim that he knew the Rothschild’s were responsible for that attempted assassination. He is not the only one, the assassin, Richard Lawrence, who was found not guilty by reason of insanity, later bragged that powerful people in Europe had hired him and promised to protect him if he were caught.

The most conniving, low life, manipulators in all of history put “The Fed Scam” together!  Their secrets are out! This is now mainstream news whether they like it or not! Since its inception in 1913, “The Fed Scam” has helped to devalue our dollar by 95%. During the recent economic crisis, it poured TRILLIONS of dollars into the economy with no oversight, has made secret agreements with foreign banks and governments, and has refused to tell Congress or the American Public who is getting our money. They have the power to print it, but it is not their money! They have betrayed us! This is our money! They are blood-sucking thieves!

“We The People are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution.”Abraham Lincoln

The accepted version of history is that the Federal Reserve was created to stabilize our economy.

In November of 1910, a secret meeting on Jekyll Island off the coast of Georgia at a private resort owned by J.P. Morgan took place. This was the conception of “The Fed Scam” to set up a powerful cartel of international cutthroat bankers! Seven men attended this exclusive meeting where an estimated one-fourth of the total wealth of the entire world was represented.

1.) Henry P. Davidson, Sr. Partner of J.P. Morgan Company
2.) Charles D. Norton, President of 1st National Bank of New York
3.) Frank A. Vanderlip, President of the National City Bank of New York, representing William Rockefeller
4.) Benjamin Strong, head of J.P. Morgan’s Bankers Trust Company, later to become head of the System
5.) Paul M. Warburg, a partner in Kuhn, Loeb & Company, representing the Rothschild’s and Warburg’s in Europe
6.) A. Piatt Andrew, Assistant Secretary of the Treasury
7.)Nelson W. Aldrich, Republican whip in the Senate, Chairman of the National Monetary Commission, father in law to John D. Rockefeller, Jr.

“Paul M. Warburg is probably the mildest-mannered man that ever personally conducted a revolution. It was a bloodless revolution: he did not attempt to rouse the populace to arms. He stepped forth armed simply with an idea. And he conquered. That’s the amazing thing. A shy, sensitive man, imposed his idea on a nation of a hundred million people.” — Harold Kellock (admiring biographer of Paul M. Warburg)

Nelson W. Aldrich & A. Piatt Andrew were a huge disgrace to our country and their families because they worked for the federal government. This is One Known case of government corruption in action at the highest of levels! Can you think of any spy or traitor in the history of the United States that has done worse damage and betrayed our country more than these men?

Those who attended represented the great financial institutions of Wall Street and, indirectly, Europe as well. The reason for secrecy was simple. Had it been known that rival fractions of the banking community had joined together, the public would have been alerted to the possibility that the “banksters” were plotting an agreement in restraint of trade – which, of course, is exactly what they were doing.

What emerged was a cartel agreement with five objectives:

1.) Stop the growing competition from the nation’s newer banks.
2.) Obtain a franchise to create money out of nothing for the purpose of lending.
3.) Get control of the reserves of the banks so that the more reckless ones would not be exposed to currency drains and bank runs.
4.) Get the taxpayer to pick up the cartel’s inevitable losses.
5.) Convince congress that the purpose was to protect the public.

It was realized that the “banksters” would have to become partners with the politicians and that the structure of the cartel would have to be a central bank.

The record shows that “The Fed Scam” has failed to achieve its stated objectives. That is because those were never its true goals. As a banking cartel, and in terms of the five objectives stated above, it has been an unqualified success.

The Rothschild’s influence in the United States banking was set up and dismantled a few times before they finally set up “The Fed Scam”. The United States government had a 10% partnership in the cartel and put up 10% in real money. The “banksters” put up almost nothing for their 90% stake in “The FedScam”. “The Fed Scam” would then lend the money they created out of nothing, charging interest. 90% of this money is created out of thin air!

Anybody Who Supports “The Fed Scam” is Clearly a Traitor to
“We the People” of the United States Of America!

Many past Presidents and their Administrations have completely “LET U.S. DOWN”. They allowed “The Fed Scam” to exist!


Who Are The Current Owners of “The Fed Scam”?

While there may still be some smaller shareholders in the “The Fed Scam”, it is believed that the Federal Reserve is owned and controlled primarily by the following Central banks:

1.  Rothschild Bank of London
2.  Warburg Bank of Hamburg
3.  Chase Manhattan Bank of New York
4.  Warburg Bank of Amsterdam
5.  Rothschild Bank of Berlin
6.  Lehman Brothers of New York
7.  Lazard Brothers of Paris
8.  Kuhn Loeb Bank of New York
9.  Goldman Sachs of New York
10. Israel Moses Seif Banks of Italy


The Federal Reserve Board is not “a thoroughly public entity.”  The Board of Governors is the part of the Federal Reserve System that is responsible for supervising the private banks. There are seven members on the board. Every two years, a new board member is appointed by the President of the United States and confirmed by the Senate to serve a 14 year term.

There are twelve “Fed Scam” Central Banks which are privately owned by a limited group of people from around the world. Congress was given the right to create and regulate the value of money in Article 1, Section 8 of the Constitution, but has delegated its power to ‘The Fed Scam” System. These banks create money, lend it back to us through our banks, and collect hundreds of billions of dollars in interest each year.

The Federal Reserve Act was passed in 1913, shortly after the 16th amendment was ratified. The 16th amendment allowed our country to collect the taxes required to pay the annual dividends to the Fed’s shareholders, who bought their original 300 shares for only $100 per share. By law, the United States can easily abolish the Fed by buying back these shares at a cost of “only” $450 million and replace the current national debt with non-interest bearing currency as it becomes due.

“The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity.”Abraham Lincoln

Despite these warnings, in 1913 Woodrow Wilson signed the 1913 Federal Reserve Act. A few years later he wrote:

“I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world. 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

On June 04, 1963 President John F. Kennedy, (the 35th President of the United States; 1961- 1963) signed Executive Order 11110. This returned to the United States Government the Power to issue currency, without going through “The Fed Scam”. (Did he pay for that Order with his life?)

“The cost of freedom is always high, but Americans have always paid it. And one path we shall never choose, and that is the path of surrender, or submission.” — John F. Kennedy

End “The Fed Scam” Now!

Every day a huge amount of our money is lost! (Remember Interest.)  We need to do what Abraham Lincoln did and direct the Treasury Department to issue U.S. Notes to pay off all our national debt. Remember the “Greenbacks”?

We must never again allow private banks to create or control our money! Why should we pay interest on our money! We must never again allow our “public servants” to keep any secrets about our money! Our big mistake was to trust our government. They can not be trusted! History has taught us this, over and over again. We have been warned over and over again. Why do you think we have so many economic problems now?

The Only Real Financial Crisis Of The U.S.A. Is Hiding In The Audit Of “The Fed Scam”!

“Power corrupts; absolute power corrupts absolutely”Lord Acton

This issue is so important that you need to be further warned by the words of the “Banksters”. The “Banksters” believe that average Americans are just “simple” folks!

“The bank hath benefit of interest on all moneys which it creates out of nothing.”William Paterson (founder of the Bank of England in 1694, then a privately owned bank)

“Let me issue and control a nation’s money and I care not who writes the laws.” — Mayer Amschel Rothschild (1744-1812, founder of the House of Rothschild).

“If my sons did not want wars, there would be none.”Gutle Schnapper, wife of Mayer Amschel Rothschild’s –1849

“The few who understand the system will either be so interested in its profits or be so dependent upon its favors that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear its burdens without complaint, and perhaps without even suspecting that the system is inimical to their interests.” – The Rothschild Brothers of London, writing to associates in New York, 1863 (Remember, these are the same people that have started major wars so they could finance both sides for large profits. Their ancestors are still controlling the International banks that still own most of “the Fed Scam”.)

Citizens of the U.S.A. read once again carefully the above quotes from some of your oldest and most cunning enemies and also note the dates! This is how long these monstrous leaches have been preying on U.S. This is how they look at us!

The infamous Rothschild clan financed John D. Rockefeller and the Standard Oil Company, J. P. Morgan – a major banker, Edward R. Harriman’s Railroad Empire, and Andrew Carnegie’s Steel Empire. Etc.  They have been in our pockets for many years. They live to control us! They have far-reaching global tentacles. To them and their kind, our mere existence is to serve them and to extend their power and control. The “Banksters” betray us! They have control of OUR MONEY!



“I am afraid the ordinary citizen will not like to be told that the banks can and do create money. And they who control the credit of the nation direct the policy of Governments and hold in the hollow of their hand the destiny of the people.” — Reginald McKenna, as Chairman of the Midland Bank, addressing stockholders in 1924.

“The modern banking system manufactures money out of nothing. The process is, perhaps, the most astounding piece of sleight of hand that was ever invented. Banks can in fact inflate, mint and un-mint the modern ledger-entry currency.” — Major L. L. B. Angus

“Better to fight for something than live for nothing.” — George S. Patton

Our enemy has many goals for U.S.!

The enemy’s ultimate plan is to create a Global Currency! They want “We the People” to lose all our freedoms! They want us to give up on our beloved Constitution of the United States. They want us Americans to give up our National Sovereignty! First, they want a North American Union, and then they want us to become part of a New World Order!

They want us to become part of their great collective! They want us to become a perfect world of worker bees! They believe in the perfection of their ideals because in their misguided little minds these “special” people have decided that they are the “chosen enlightened ones” that know what is best for all of U.S.!

“I believe there are more instances of the abridgment of freedom of the people by gradual and silent encroachments by those in power than by violent and sudden usurpations.” — James Madison

Ron Paul has been telling “We the People” about “The Fed Scam” for 23 years.

Audit “The Fed Scam” bills HR 1207 must pass in The House and S 604 must pass in The Senate immediately! Any Representative or Senator that does not vote in favor of and support these bills or tries to “water-down” or stall these bills is clearly a Traitor and “Sold Out” the United States of America!

“Congress can revoke central bank’s charter ‘at any time'” — Ron Paul

“The only accountability the Federal Reserve has is ultimately to Congress, which granted its charter and can revoke it at any time. It is Congress’s constitutional duty to protect the value of the money, and they have abdicated this responsibility for far too long. This was the issue that got me involved in politics 35 years ago. It is very encouraging to finally see the issue getting some needed exposure and traction. It is regrettable that it took a crisis of this magnitude to get a serious debate on this issue.” –Rep. Ron Paul

“Educate and inform the whole mass of the people… They are the only sure reliance for the preservation of our liberty.” — Thomas Jefferson

“Don’t interfere with anything in the Constitution. That must be maintained, for it is the only safeguard of our liberties.” — Abraham Lincoln

“The Constitution is the guide which I never will abandon.” — George Washington

“Complacent ignorance is the most lethal sickness of the soul.” — Plato

“To stand in silence when they should be protesting makes cowards out of men. — Abraham Lincoln

“If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter.”George Washington


Books on “The Fed Scam”:

Creature from Jekyll Island: A Second Look at the Federal Reserve by G. Edward Griffin
Hope of the Wicked: The Master Plan to Rule the World by Ted Flynn