6139008-History-of-Money

1983 when he was killed aboard the Korean Airliner 007 flight, which "accidentally" strayed over Soviet airspace and was"accidentally" shot down.Today, as with many other true patriots, very little remains of his fight for freedom. Critical information does kill theholder. During the 1960's and 1970's, thanks to the efforts of Congressman Wright Patman, Larry McDonald, and others,the message of a "One World Conspiracy" had begun to reach the "reading" American people. The usual action groupswere formed by various citizens in an urgent attempt to get this information into the hands of the public, However, asusual, without coverage from the major media, their efforts have had only limited results. These groups have had to relyon self-published newsletters and books. Numerous radio appearances also were used to spread the word. The task ofeducating the American public is not a simple one, but rather and more so, based and predicated upon numerousunpublicized speaking engagements in order to get the word out. Such is the stress associated with an active grassrootscampaign. Lt. Col. Archibald Roberts is one of the individuals who has made significant impact. As Director of theCommittee to Restore the Constitution, he began testifying before state legislatures, informing our elected officials, at thestate level, about the deception surrounding the Federal Reserve Act. His campaign, urging state legislatures to repeal theFederal Reserve Act was, according to Agency records, launched on March 30, 1971, when he testified before theWisconsin House of Representatives. The text of Roberts' address was subsequently entered in the Congressional Recordon April 19, 1991 by Louisiana Congressman John Rarick. As a result of Roberts' work, by the mid 1980's, approximatelytwenty states had taken some form of action to pass legislation, calling either for an audit of the Fed, or for the repeal ofthe Federal Reserve Act. However, there has been virtually no media coverage, and the American public is still largelyunaware of the intense battle going on behind the scenes of the Washington Establishment. During June, 1989, the battlewaged at the state level had once again reached Congress. Representative Henry Gonzalez, of Texas, introduced HouseResolution 1469, calling for the abolition of the Open Market Committee of the Federal Reserve System. He alsointroduced House Resolution 1470, calling for the repeal of the Federal Reserve Act of 1913. During the same session,Representative Phil Crane of Illinois, introduced H.R. 70, calling for an annual audit of the Federal Reserve. However, all ofthese efforts, like those of others before them, failed.We have personally come to know that it is far more than merely difficult to get the public behind a legitimate cause orissue, if the media refuses to cover it. Obviously such coverage is necessary in order to get the public to put the kind ofpressure on Congress that will lead to action. This is particularly true of a Congress in which One-World interests now holdthe upper hand, and own the media. The only area where one might disagree with the judge's decision is where he statesthat the Fed furthers the federal government's fiscal policy, and therefore performs an important governmental function.While we would like to think that the federal government and the Fed work cooperatively with each other, and they mayon occasion, the Fed is by no means required to do so. One example is where Rep. Wright Patman, Chairman of the HouseBanking Committee, said in the Congressional Record back in the '60s, that depending on the temperament of the Fed'sChairman, sometimes the Fed worked with the government's fiscal policy, and other times either went in the completeopposite direction, or threatens to do so in order to influence policy. The common claim that the Fed is accountable to thegovernment, because it is required to report to Congress on its activities annually, is incorrect. The reports to Congressmean little unless what the Chairman reports can be verified by complete records. From its founding to this day, the Fedhas never undergone a complete independent audit. Congress time after time has requested that the Fed voluntarilysubmit to a complete audit, and every time, it refuses.Those in the know about the Fed, realize that it does keep certain records secret. The soon-to-be-former Chairman of theHouse Banking Committee, Henry Gonzales, has spoken on record repeatedly about how the Fed at one point says it doesnot have certain requested records, and then it is found through investigation that it in fact does have those records, or atleast used to. It would appear that the Fed Chairman can say anything he wants to to Congress, and they'll have to acceptwhat he says, because verification of what he says is not always possible. Most people, including Americans, believe thatthe Federal Reserve Banks are government institutions, whereas they are actually mainly owned by banks and bankingfamilies. Being privately owned, and not public companies they do not have to make public reports, or divulge any internalinformation unless they want to, and as matters stand, with the public perception as it is they prefer to let the proverbialsleeping dog lie. Government and the finance industry have agreed that the term "independent" to describe their status isa good one, because the word "private" would be likely to evoke awkward questions, particularly when its governor ismaking recommendations that seem contrary to the country's economic interests. And so the convention happilycontinues. However, despite that word providing a sort of cover-up, there have been occasions when highly placedpolitical groups have made very frank comments about its activities and suggested fundamental changes. This of coursespurs various lobby groups into appropriate action to entrench the status quo, and protect the "Fed" against any changes.One such occasion was when the U.S. Congress Subcommittee on Domestic Finance, chaired by Wright Patman, publisheda virtual textbook on finance, aimed at assisting Congress and the public to better understand the American financialsystem. Its preface went so far as to say that it was an attempt to help "students, and all others interested in the studyand improvement of our monetary system." -- then offered a range of fundamental improvements for seriousconsideration, which immediately kicked lobby groups, Wall Street correspondents, and supportive big businesses into topgear to minimize the "damage" that such reforms could cause.So efficacious were their combined efforts that with the publication this year celebrating its 40th birthday, it appears thatreally nothing has changed, so it seems appropriate to have a further look at how the Patman Committee saw thesituation then, and their recommendations for change, so we lift straight out of the Supplement to that Report, titled"Money Facts, 169 Questions and answers", for further consideration:"Q.163: Is the Federal Reserve independence inefficient?The Hidden History Of Money & New World Order Usury Secrets Revealed at last! Page 372