1-13-2010

Washington Post Engages in Treason With Its Latest Massive Bad Guy Propaganda and Lies Of 911 Magnitude - Says the Rothschilds and Rockefeller's Private Corporation the Federal Reserve Made a Windfall Profit for government, and Other Illogical Lies, Like Fed Had Biggest Profits in Its 96 Year History

Stealing from the people is a great business? It's as common a dog do do.

The Washington Post with this article on the Federal Reserve's profits does nothing more than give proof that the Washington Post is owned by the Rothschilds and Rockefellers, et. al., the same guys who own the Federal Reserve Fraud. Just as the Rothschilds and Rockefellers engage in treason by making war on the United States, the Washington Post engages in treason by making war on the United States with this article.

Humorously, egotistically, the Rothschilds and Rockefellers may think they are the government. Next to thinking they are God, the Rothschilds and Rockefellers calling themselves "the government" has got to be their second best wet dream.

This article is written as a defensive move by the bad guys in the hopes of putting off a first ever audit of the Federal Reserve. A real unrigged audit of the Federal Reserve will prove the Rothschilds and Rockefellers , et. al., own the private corporation known as the Federal Reserve and that they have stolen TRILLIONS of dollars from US citizens through it in its 96 cowardly, unConstitutional, unAmerican, "money is god", year history. Follow the dots will lead to the use of these ill gotten gains to make war on the United States, treason, by financing the Holocaust, AIDS development and transmission, 911, drug wars and profits ,Louie Freeh's Thugs Manipulate Murder, Abu Ghraib sexual torture, Spraying of Flu on Ukranians, Israel's nuclear program, DC sniper murders, Blackwater, "TeaBaggers" and "Obama Brown Shirts trouble" , John Negroponte, Full body scanners, H1N1, school kid shooting incidents, anthrax,The Omega Agency, the US military taking over the US government via Martial Law efforts, Israel's nukes, Anwar "Fake-Fake" " al-Awlaki, drones, West Virginians for Terrorist, communi$t propaganda, like this Washington Post article, communi$t Greek Whore, Adrianna Huffington, and the leading around of Israel's Useful Idiot, Iran's President "Jewish Roots" Mahmoud "closet zioni$t" Ahmadinejad, to mention a few of the Rothschilds and Rockefellers dirty deeds.

It irritates me these greed filled scammers continually insult my intelligence with their mischief I am expected to believe just randomly happens. Will it not be a good day when they and their useful idiots randomly get the needle for making war on the USA, treason. Possibly this will wipe the smirk off comrade Little George's and other faces when the drip starts and they realize their hustle party is over.

And one more correction, we are expected to believe these 2009 Federal Reserve Fraud's profits are larger than when Paul Volcker sent Fed interest rates to around 20% in 1981. What a pack of lies. Good grief. The Fed's profits may go to the US Treasury, but then the US Treasury turns around and sends them to the Rothschilds and Rockefellers,. et. al.. Let's see if the Washington Post's editorial department writes an opinion that its time for an unrigged audit the Fed and the distribution of the real results.

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Washington Post Propaganda below


Federal Reserve earned $45 billion in 2009

Unconventional efforts to prop up economy created windfall for government

  Fed payment to Treasury
  Jan. 12: Fed to remit $46.1 billion to the Treasury, reports CNBC's Steve Liesman.

By Neil Irwin

updated 11:48 a.m. ET, Tues., Jan. 12, 2010

http://www.msnbc.msn.com/id/34816272/ns/business-washington_post/

Wall Street firms aren't the only banks that had a banner year. The Federal Reserve made record profits in 2009, as its unconventional efforts to prop up the economy created a windfall for the government.
The Fed will return about $45 billion to the U.S. Treasury for 2009, according to calculations by The Washington Post based on public documents. That reflects the highest earnings in the 96-year history of the central bank. The Fed, unlike most government agencies, funds itself from its own operations and returns its profits to the Treasury.
The numbers are good news for the federal budget and a sign that the Fed has been successful, at least so far, in protecting taxpayers as it intervenes in the economy — though there remains a risk of significant losses in the future if the Fed sells some of its investments or loses money on its stakes in bailed-out firms.
This turn of events comes as the banks that benefited from the Fed's actions are under the microscope: Major banks are expected to announce massive earnings and employee bonuses starting at the end of this week, and anger in Washington is at such a high boil that the Obama administration is likely to propose a fee on financial firms to recoup the cost of their bailout, officials confirmed Monday.
As it happens, the Fed's earnings for the year will dwarf those of the large banks, easily topping the expected profits of Bank of America, Goldman Sachs and J.P. Morgan Chase combined.
Much of the higher earnings came about because of the Fed's aggressive program of buying bonds, aiming to push interest rates down across the economy and thus stimulate growth. By the end of 2009, the Fed owned $1.8 trillion in U.S. government debt and mortgage-related securities, up from $497 billion a year earlier. The interest income on those investments was a major source of Fed profits — though that income comes with risks, as the central bank could lose money if it later sells those securities to reduce the money supply.
Emergency loans
The Fed also made money on its emergency loans to banks and other firms and on special programs to prop up lending, such as one that supports credit cards, auto loans, and other consumer and business lending. Those programs impose interest and fees on participants, with the aim of ensuring that the Fed does not lose money.
And while the central bank in its most recent financial report had recorded a $3.8 billion decline in the value of loans it made in bailing out the investment bank Bear Stearns and the insurer American International Group, the Fed also logged $4.7 billion in interest payments from those loans. Further losses — or gains — on the two bailouts are possible as time goes by. The Fed also charges fees for operating the plumbing of the financial system, such as clearing checks and electronic payments between banks.
From its revenue, the Fed deducts operating expenses, such as employee salaries, then returns almost all of the earnings that remain to the Treasury. The largest previous refund to the Treasury was $34.6 billion, in 2007.

"This shows that central banking is a great business to be in, especially in a crisis," said Vincent Reinhart, a resident scholar at the American Enterprise Institute and a former Fed official. "You buy assets that have a nice yield, and your cost of funds is very low. The difference is profit."
The Fed plans to release its estimate of 2009 earnings Tuesday. The Post's calculation is based on combining data through September from the Fed's monthly balance sheet report with more recent data from the Treasury's daily budget statement.
Fed officials do not make policy with an eye toward maximizing profits. They are charged by law with managing the nation's money supply to keep employment high and prices stable, and earnings fluctuate depending on a wide range of factors as they pursue that goal. In the crisis, the central bank's policy has been to create money and use it to buy a wide variety of assets, which in turn pay interest.
Exotic investments
In effect, the unprecedented range of actions taken to address the crisis has made the Fed's balance sheet more like that of a private bank. A firm such as Bank of America takes money from depositors, whom it pays little or nothing in interest, and lends it out at significantly higher rates. The Fed, similarly, takes money that banks keep on deposit, at a rate of 0.25 percent, and lends it to the U.S. government by buying Treasury securities and, lately, to home buyers and other private borrowers though more exotic investments.
While that resulted in higher earnings in 2009, it exposes the Fed to more risks down the road. "They've moved up the risk-return curve, as they have more long-term assets and more things that involve credit risk," said Diane Swonk, chief economist at Mesirow Financial.
If the price of Treasury bonds or mortgage-related securities issued by Fannie Mae and Freddie Mac were to fall in the years ahead, and Fed leaders decided they need to drain money from the financial system by selling off some of their portfolio, the central bank would lose money. "If they do enough asset sales and rates go high enough, that could eat into future profits pretty substantially," said Michael Feroli, an economist at J.P. Morgan Chase.
Even as the Fed comes to resemble private banks in terms of its balance sheet and its earnings power, there remains one big difference. The CEO of the Federal Reserve, Chairman Ben S. Bernanke, received only a modest cost-of-living raise for 2010, despite the record earnings: He now makes $199,700, with no bonus at all.

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Americans Pay communi$t$' Trillions to Make War on Them
First Banned Article

http://www.geocities.com/northstarzone/FED.html

THE FEDERAL RESERVE FRAUD
The first misconception that most people have is that the Federal Reserve Bank is a branch of the US government. IT IS NOT. THE FEDERAL RESERVE BANK IS A PRIVATE COMPANY. Most people believe it is as American as the Constitution. THE FACT IS THE CONSTITUTION FORBIDS IT'S EXISTENCE. Article 1, Section 8 of the Constitution states that Congress shall have the power to create money and regulate the value thereof, NOT A BUNCH OF INTERNATIONAL BANKERS! Today the FED controls and profits by printing WORTHLESS PAPER, called money, through the Treasury, regulating its value, AND THE BIGGEST OUTRAGE OF ALL, COLLECTING INTEREST ON IT! (THE SO-CALLED NATIONAL DEBT). 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. The FED banking system collects billions of dollars 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. Who actually owns the Federal Reserve Central Banks? The ownership of the 12 Central banks, a very well kept secret, has been revealed: 1. Rothschild Bank of London 2. Warburg Bank of Hamburg 3. Rothschild Bank of Berlin 4. Lehman Brothers of New York 5. Lazard Brothers of Paris 6. Kuhn Loeb Bank of New York 7. Israel Moses Seif Banks of Italy 8. Goldman, Sachs of New York 9. Warburg Bank of Amsterdam 10. Chase Manhattan Bank of New York.

These bankers are connected to London Banking Houses which ultimately control the FED. When England lost the Revolutionary War with America where 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. 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: 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 (Al Gore's daughter married his grandson) , Chase National Bank, New York, Thomas F. Ryan, Paul Warburg, William Rockefeller, Levi P. Morton, M.T. Payne, George F. Baker, Percy Banks Payne, 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.

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. When elected, Wilson passed the FED. Later, Wilson remorsefully replied, referring to the FED, "I have unwittingly ruined my country". Now the banks financially back sympathetic candidates. Not surprisingly, most of these candidates are elected.

The bankers employ members of the Congress on weekends (nickname T&T club -out Thursday...in Tuesday with lucrative salaries. Additionally, the FED started buying up the media in the 1930's and now owns or significantly influences most of it. Presidents Lincoln, Jackson, and Kennedy (communi$t$ murdered 2 of them) tried to stop this family of bankers by printing U.S. dollars without charging the taxpayers interest. 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. 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, introduced legislation to repeal the Federal Reserve Banking Act of 1913 almost 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.
THE FED FEARS THE POPULATION WILL BECOME AWARE OF THIS FRAUD AND DEMAND CHANGE. We, the People, are at fault for being passive and allowing this to continue. THE FEDERAL RESERVE BOARD, A GOVERNMENT BOARD, HAS CHEATED THE GOVERNMENT OF THE UNITED STATES AND THE PEOPLE OF THE UNITED STATES OUT OF ENOUGH MONEY TO PAY THE NATIONAL DEBT SEVERAL TIMES OVER. The depredations and the iniquities of the Federal Reserve Board and the Federal Reserve banks acting together have cost this country dearly.

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 liable. Half a million dollars was spent on one part of propaganda organized by those same European bankers for the purpose of misleading public opinion in regard to the Federal Reserve Bank.

WHAT MONEY LOOKED LIKE WHEN IT WAS STILL BACKED BY SOMETHING
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 UNITED STATES. IT CONTROLS EVERYTHING HERE AND IT CONTROLS ALL OUR FOREIGN RELATIONS. IT MAKES AND BREAKS GOVERNMENTS AT WILL. 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. 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? The Federal Reserve Act should be repealed and the Federal Reserve banks, having violated their charters, should be liquidated immediately. FAITHLESS GOVERNMENT OFFICERS WHO HAVE VIOLATED THEIR OATHS SHOULD BE IMPEACHED AND BROUGHT TO TRIAL.

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%. 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 is most likely much greater. It only requires 5% ownership to significantly influence the media . 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.

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 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.

Every day I hear people complaining about what they don't like about our government and media, but not one of them are willing to put forth an effort to try and change it, especially when it comes to their personal lives. We are as much a slave on a personal level, as our government is to the international bankers. We keep right on using the tool they put out here to control us, credit cards, and we are imprisoned by it. We are no longer willing to save up to buy something, we have to have it right now, so the Government has made it easy to have what you want without the having to save for it, (CREDIT). Don't you think it funny that in a land with so much wealth, only 2 PERCENT of the people own their homes? (CREDIT). Do you know 60 PERCENT of Americans have at least 3 Credit cards used to it's maximum? (CREDIT). Do you know that only 1 PERCENT of the people have their car paid for? (CREDIT). To be free, you must throw away your credit cards, and NEVER buy anything that you cannot afford at the moment of purchase. We will never be a free people until we rid ourselves of the burden placed here to control us, and when we stop renting from the powers, the power will cease to exist.

I will close with Thomas Jefferson's Warning To America : "I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [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." Written by Jefferson in a letter to the Secretary of the Treasury Albert Gallatin (1802).

E-Mail: NORTHSTARZONE@YAHOO.COM