Trump Takes Control of the FED
by tts-admin | May 18, 2020 |
Introduction – May 18, 2020
On the face of it Trump is enacting an old conservative demand but can he be trusted? Even as he does this he’s pushing forward with a mass vaccination program that the U.S. military could help implement.
So what good will a government controlled Federal Reserve Bank be when the military is helping to implement a mandatory vaccination program on U.S. civilians? Especially if the vaccine contains some sort of digital signal/code/motif specified by Bill Gates.
This move may satisfy some of Trump’s die-hard supporters but we remain entirely unconvinced. Even as Trump has purportedly taken control of the Federal Reserve he has just appointed a former executive from pharmaceutical giant GlaxoSmithKline as his “vaccine czar”. In other words he gives with one hand and takes with the other and Americans may find that things get a lot worse before they get any better. Ed.
Trump Takes Control of the FED
Michael Tellinger – YouTube May 8, 2020
Leads the way for other countries to follow –
I think Donald Trump is now working FOR the Federal Reserve and doing a very good job lending trillions created out of nothing and lending it at interest.
Greg Mannarino
https://www.youtube.com/watch?v=JlXs9Qno4ZY
“Unlimited debt, unlimited market purchases, the Feds balance sheets will balloon. This is global takeover on a unprecedented scale the world has never seen before.”
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“The market is pricing in the negative… Negative rates are coming so a monster opening.”
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“It is all about the Fed. They are buying the world. They are funnelling money into central banks all over the world and buying up all the assets.” …
“The new world central bank will be the buyer and owner of the world. This is to push all the wealth to the one-percenters.”
Keep your optimism in check, I`d suggest. Jewish fingerprints all over this one – Goyim tread warily!
B.S. he is owned by the owners of the FED !
The Rothschilds & company own and control the US Congress, the Senate, the Presidency, the State Department, the “intelligence” agencies, Donald Trump, etc…
So…meet the new boss, same as the old boss. This is window dressing. These are all gangsters who lie to the public, extort money from the public, impose insane laws on the public and debase the public to such an extent that they can be fooled into believing a story about a big bad coronasaurus…
Trump does not control the army and the police, as this guy says. He adds that now, Trump has complete control of the USA. Oh yeah? Trump is the same “controller” who said the lockdown would end by Easter! Hello? Is there anybody in there? Trump has always been full of shit. This is Q-anon version 2.0.
I wouldn’t be surprised if the Rothschild Banking Cartel was just dumping all their accumulated debt on the taxpayers while trying to make it look good on the surface. Just trust the plan… What plan? The plandemic that was planned 10 years ago by the Rockefeller Foundation? That IS the plan! The REAL plan.
The BLOTUS is only omnipotent if he goes along with THEIR PLAN!
Other than that, he is impotent and only has empty and broken promises.
The 2 questions that I have is this: (1) With the supposed “take over” of the Fed by the Treasury will the owners of the Fed still be getting their ($)cuts ? If not then this is an inherent and dangerous problem. (2) As far as I know the main voting power of the Fed ( Greater than 50% ) is the Rothschild banking entity through their banks In England and In Germany via their subsidiaries listed as owners of the Fed. What is their say on any given day on the Trump / U.S. treasury action ?
Agree fully with Fred Baggins.
At the end of the day they, if the lockdown will take the “planned” time, are able to buy “everything” globally for a dime.
We are nearing “2030”.
But we must not allowe this to happen!
This man is disinfo agent.
Good idea is to learn from history. Fed is the third central bank in the US. Fed was established as a coordination office for the US banking cartel. It is only a coordination office. The power is held by the banking cartel creating money ex nihilo. What is the name of the new Fed guy – Larry Fink? Is that a change of Shlomo for Moses or vice versa? So what is the difference?
They probably prepare for destruction of pertodollar, a fundamental of the US economy. That is all.
Actually the Federal Reserve is surely the strongest central bank but IMF has been considered above it for some operations. THE MAJOR BANK…….IS the BIS (Bank for International Settlements ) Switzerland. Of course directing this bank are the major banking families ( the men behind the curtains ) led by the big one starting with the letter R. Major unseen marching orders are directed through this bank.This bank has an enormous computerized operation and surprisingly not that many employees considering its importance.
I would like to believe that Trump is playing a low level strategic and perhaps winning game but I am not sure. certainly he is more intelligent than he is acting openly. I am led to believe he’s got a howitzer pointed to his head at all times. Perhaps time will tell. If elected will he pull off a JFK move ( if he can stay alive)* ? It would be his lame duck term in office. Maybe a move towards the very end of the lame duck office could keep him alive as the powers that be will see him out of office fairly soon anyway………………………………….but at times they sure like to set examples.
* Trump is known to higher a number of private security firms and people for his protection….something akin to a private force of Praetorian Guards.
Ditto what Voltman, Truthy1, Ian, Patrick, & co said. Fink is another billionaire Jew in the viper pit of investment management. Fink is another Rothschild agent.
Tellinger points out in this video that media outlets are saying nothing about Trump “taking control of the Fed.” Maybe the reason why its not in the news is that it didn’t happen.
Jew-wise media outlets would have a lot say about this if it was worth discussing. If Fink makes any changes to the Federal Reserve Bank they will be for the worse.
One thing Tellinger seems right about – a big financial reset.
Well, this is a load of BS–I listen to Greg Mannarino on youtube, and he calls BS on this story about Trump taking over the Fed. GM has said that Trump is another banker puppet, and that they will give him another 4 years because he’s the best friend the bankers ever had.
Trump is nothing but a Rothschild puppet and now he’s bringing in the New World Order. Trump already signed a deal with Peter Thiel to set up a Chinese style surveillance system which can serve as a platform for Agenda ID2020 (look it up) https://21stcenturywire.com/2020/04/22/covid-world-order-trump-hires-thiels-palantir-to-track-americans-with-chinese-style-surveillance-app/
Trump was either playing us all along, or he’s been flipped. He’s clearly NOT the same person who campaigned. On the campaign trail he talked about setting up a vaccine safety commission with RFK Jr. But after Pfizer made a $1 million donation to his inauguration party, Trump put Pfizer lobbyist, Alex Azar in charge of HHS, and Pfizer lobbyist, Gotleib in charge of FDA, and then that was the end of the talks about a vaccine safety commission. It sure didn’t take long to flip him.
https://ellenbrown.com/2020/04/03/was-the-fed-just-nationalized/
Did Congress just nationalize the Fed? No. But the door to that result has been cracked open.
First, no one can determine who the owners are, see post. Secondly if there were Draco Reptiles in control of the world they might not take kindly to some uppity prez taking their prize asset. Trump would soon be floating face down in the Potomac or aphyxiated by hydroxy chlorine overdose.
I think Michael Tellinger is out on a limb and should stick to his ancient alien script. I think this article gives Trump undo credit as he does nothing. Furthermore it could be American Jews taking control of the money from foreign Jews. Or Israeli Jews are getting control of our Fed by their moles Trump AND mUNCHKIN.
wE HAVE NO CLUE WHAT IS GOING ON
It has been said by many financial pundits that when the end of the system comes the Congress will nationalize the Fed and print money starting hyperinflation.
https://www.1337x.to/torrent/4268343/Hidden-Origins-with-Michael-Tellinger-Season-1-2-2016-GAIA-576p-WEB-DL-x264/
Who owns and controls the Federal Reserve
by Dr. Edward Flaherty
Author’s preface – Is the Federal Reserve System secretly owned and covertly controlled by powerful foreign banking interests? If so, how? These claims, made chiefly by authors Eustace Mullins (1983) and Gary Kah (1991) and repeated by many others, are quite serious because the Fed is the United States central bank and controls U.S. monetary policy. By changing the supply of money in circulation, the Fed influences interest rates, affecting the mortgage payments of millions of families, causing the financial markets to boom or collapse, and prompting the economy to expand or to stumble into recession. Such awesome power presumably would be used to benefit the U.S. economy. Mullins and Kah both argued that the Federal Reserve Bank of New York is owned by foreigners. Although the New York Fed is just one of twelve Federal Reserve banks, controlling it, they claimed, is tantamount to control of the entire System. Foreigners use their command of the New York Fed to manipulate U.S. monetary policy for their own and, as Kah asserted, to further their global political goals, namely the establishment of the sinister New World Order.
This essay examines the accuracy of these claims. Specifically, it investigates the charge that the New York Federal Reserve Bank is owned, directly or indirectly, by foreign elements, whether the New York Fed in effect runs the whole Federal Reserve System, and whether its enormous annual profits accrue primarily to foreigners or to the U.S government. This essay shows that there is little evidence to support the idea of foreign ownership and much that contradicts it. In addition, it presents evidence to show that the New York Fed does not command the entire System, as well as recent data demonstrating that the System’s profits are paid to the federal government.
Who Owns the Federal Reserve Bank of New York?
photo of entrance to New York Federal ReserveEach of the twelve Federal Reserve Banks is organized into a corporation whose shares are sold to the commercial banks and thrifts operating within the Bank’s district. Shareholders elect six of the nine the board of directors for their regional Federal Reserve Bank as well as its president. Mullins reported that the top eight stockholders of the New York Fed were, in order from largest to smallest as of 1983, Citibank, Chase Manhatten, Morgan Guaranty Trust, Chemical Bank, Manufacturers Hanover Trust, Bankers Trust Company, National Bank of North America, and the Bank of New York (Mullins, p. 179). Together, these banks owned about 63 percent of the New York Fed’s outstanding stock. Mullins then showed that many of these banks are owned by about a dozen European banking organizations, mostly British, and most notably the Rothschild banking dynasty. Through their American agents they are able to select the board of directors for the New York Fed and to direct U.S. monetary policy. Mullins explained,
‘… The most powerful men in the United States were themselves answerable to another power, a foreign power, and a power which had been steadfastly seeking to extend its control over the young republic since its very inception. The power was the financial power of England, centered in the London Branch of the House of Rothschild. The fact was that in 1910, the United States was for all practical purposes being ruled from England, and so it is today’ (Mullins, p. 47-48).
He further commented that the day the Federal Reserve Act was passed, “the Constitution ceased to be the governing covenant of the American people, and our liberties were handed over to a small group of international bankers” (Ibid, p. 29).
Unfortunately, Mullins’ source for the stockholders of the New York Fed could not be verified. He claimed his source was the Federal Reserve Bulletin, although it has never included shareholder information, nor has any other Federal Reserve periodical. It is difficult researching this particular claim because a Federal Reserve Bank is not a publicly traded corporation and is therefore not required by the Securities and Exchange Commission to publish a list of its major shareholders. The question of ownership can still be addressed, however, by examining the legal rules for acquisition of such stock. The Federal Reserve Act requires national banks and participating state banks to purchase shares of their regional Federal Reserve Bank upon joining the System, thereby becoming “member banks” (12 USCA 282). Since the eight banks Mullins named all operate within the New York Federal Reserve district, and are all nationally chartered banks, they are required to be shareholders of the New York Federal Reserve Bank. They are also probably the major shareholders as Mullins claimed.
Are these eight banks on Mullins’ list of stockholders owned by foreigners, what Mullins termed the London Connection? The SEC requires the name of any individual or organization that owns more than 5 percent of the outstanding shares of a publicly traded firm be made public. If foreigners own any shares of Mullins’ eight banks, then their portions are not greater than 5 percent at this time. With no significant holdings of the major New York area banks, it does not seem likely that foreign conspirators could direct their actions.
Perhaps foreigners own shares of the New York Federal Reserve Bank directly. The law stipulates a small portion of Federal Reserve stock may be available for sale to the public. No person or organization, however, may own more than $25,000 of such public stock and none of it carries voting rights (12 USCA 283). However, under the terms of the Federal Reserve Act, public stock was only to be sold in the event the sale of stock to member banks did not raise the minimum of $4 million of initial capital for each Federal Reserve Bank when they were organized in 1913 (12 USCA 281). Each Bank was able to raise the necessary amount through member stock sales, and no public stock was ever sold to the non-bank public. In other words, no Federal Reserve stock has ever been sold to foreigners; it has only been sold to banks which are members of the Federal Reserve System (Woodward, 1996).
Regardless of the foreign ownership conjecture, Mullins argued that since the money-center banks of New York owned the largest portion of stock in the New York Fed, they could hand-pick its board of directors and president. This would give them, and hence the London Connection, control over Fed operations and U.S. monetary policy. This argument is faulty because each commercial bank receives one vote regardless of its size, unlike most corporate voting structures in which the number of votes is tied to the number of shares a person holds (Ibid). The New York Federal Reserve district contains over 1,000 member banks, so it is highly unlikely that even the largest and most powerful banks would be able to coerce so many smaller ones to vote in a particular manner. To control the vote of a majority of member banks would mean acquiring a controlling interest in about 500 member banks of the New York district. Such an expenditure would require an outlay in the hundreds of billions of dollars. Surely there is a cheaper path to global domination.
An historical example may make clear that member banks do not control the Federal Reserve’s policies. Galbraith (1990) recounted that in the spring of 1929 the New York Stock Exchange was booming. Prices there had been rising considerably, extending the bull market that had begun in 1924. The Federal Reserve Board decided to take steps to arrest the speculative bubble that appeared to have been forming: it raised the cost banks had to pay to borrow from the Federal Reserve and it increased speculators’ margin requirements. Charles Mitchell, then the head of National City Bank (today known as Citibank), which was the largest shareholder of the New York Federal Reserve Bank according to Mullins, was so irritated by this decision that in a bank statement he wrote, “We feel that we have an obligation which is paramount to any Federal Reserve warning, or anything else, to avert any dangerous crisis in the money market” (Galbraith, p. 57). National City Bank promised to increase lending to offset any restrictive policies of the Federal Reserve. Wrote Galbraith, “The effect was more than satisfactory: the market took off again. In the three summer months, the increase in prices outran all of the quite impressive increase that had occurred during the entire previous year” (Ibid). If the Fed and its policies were really under the control of its major stockholders, then why did the Federal Reserve Board clearly buck the intent of its single largest shareholder?
This information also eluded fellow conspiracy theorist Gary Kah, who disagreed with Mullins on who owns the New York Fed. His Swiss and Saudi Arabian contacts identified the top eight shareholders as the Rothschild Banks of London and Berlin; Lazard Brothers Banks of Paris; Israel Moses Seif Banks of Italy; Warburg Bank of Hamburg and Amsterdam; Lehman Brothers of New York; Kuhn, Loeb Bank of New York; Chase Manhatten; and Goldman, Sachs of New York (Kah, p. 13). It is impossible to verify Kah’s information because it is not known who his “contacts” were. Nevertheless, Kah’s list differs substantially from Mullins’ compilation. Most interestingly, in Kah’s list foreigners own the New York Fed directly without having to own majority interests in U.S. banks, as is the case with Mullins’ list. The discrepancies in the two lists mean that at least one of them is wrong, and possibly both. Kah’s list is the bogus one because no public stock has ever been issued, so it is not possible for anyone on Kah’s list other than Chase Manhatten to own shares of the New York Fed.
Moreover, Kah seemed ignorant of important details about the organization of Federal Reserve stock and management, especially for someone claiming to have done as much research on the subject as he did. He referred to the organizations on his stockholders list as “Class A shareholders,” which is curious because Federal Reserve stock is not classified in this manner (Ibid). It can be either member stock, which can be purchased only by commercial banks and thrifts seeking to become members of the Federal Reserve System, or public stock. However, the directors of a Federal Reserve bank are separated into Class A, B, and C categories, depending on how they are appointed (12 USCA 302, 304, 305). Three class A directors are chosen by the member banks. Three class B directors are also elected by the member banks to represent the non-bank sectors of the economy. The final three directors, class C, are picked by the Board of Governors also to represent the non-bank public. This may be the source of Kah’s confusion, but it is a relatively simple point that he should have detected had his research efforts been thorough.
wall stone plaque reading ‘Federal Reserve Bank of New York’
Does the New York Fed Call the Shots?
Mullins and Kah further argued that by controlling the New York Fed the international banking elite could command the entire Federal Reserve System, and thus direct U.S. monetary policy for their own profit. “For all practical purposes,” Kah stressed, “the Federal Reserve Bank of New York is the Federal Reserve” (Ibid). This is the linchpin of their conspiracy theory because it provides the mechanism by which the international bankers execute their plans.
A brief look at how the Fed’s powers over monetary policy are actually distributed shows that the key assumption in the Mullins-Kah conspiracy theory is erroneous. The Federal Reserve System is controlled not by the New York Fed, but by the Board of Governors (the Board) and the Federal Open Market Committee (FOMC). The Board is a seven member panel appointed by the President and approved by the Senate. It determines the interest rate, known as the discount rate, for loans to commercial banks and thrifts, selects the required reserve ratio which determines how much of customer deposits a bank must keep on hand (a factor that significantly affects a bank’s ability create new loans), and also decides how much new currency Federal Reserve Banks may issue each year (12 USCA 248). The FOMC consists of the members of the Board, the president of the New York Fed, and four presidents from other Fed Banks. The FOMC formulates open market policy, which determines how much in government bonds the Fed Banks may trade, and is the most effective and commonly used of the Fed’s monetary policy tools (12 USCA 263). The key point is that a Federal Reserve Bank cannot change its discount rate or required reserve ratio, issue additional currency, or purchase government bonds without the explicit approval of either the Board or the FOMC.
The New York Federal Reserve Bank through its direct and permanent representation on the FOMC has more say on monetary policy than other Federal Reserve Banks, but it still only has one vote of twelve on the FOMC and no say at all in setting the discount rate or the required reserve ratio. If it wanted monetary policy to go in one direction, while the Board and the rest of the FOMC wanted policy to go another, then the New York Fed would be out-voted. The powers over U.S. monetary policy rest firmly with the publicly-appointed Board of Governors and the Federal Open Market Committee, not with the New York Federal Reserve Bank or a group of international conspirators.
Mullins also made a great to-do about the Federal Advisory Council (the Council). This is a panel of twelve representatives appointed by the board of directors of each Fed Bank. The Council meets at least four times each year with the members of the Board to give them their advice and to discuss general economic conditions (12 USCA 261, 262). Many of the members have been bankers, a point not at all missed by Mullins. He speculated that it is able to force its will on the Board of Governors.
The claim that the “advice” of the council members is not binding on the Governors or that it carries no weight is to claim that four times a year, twelve of the most influential bankers in the United States take time from their work to travel to Washington to meet with the Federal Reserve Board merely to drink coffee and exchange pleasantries (Mullins, p. 45).
A point very much missed by Mullins is that the Council has no voting power in Board meetings, and thus has no direct input into monetary policy. In support of his hypothesis that Council members have been able to impose their will on the Board, Mullins offered no evidence, not even an anecdote. Moreover, his Council theory is inconsistent with his general thesis that the Federal Reserve System is manipulated by European banking interests through their control of the New York Fed. If this were true, then why would they also need the Council?
Who Gets the Fed’s Profits?
Gary Kah and Thomas Schauf have also maintained that the huge profits of the Federal Reserve System are diverted to its foreign owners through the dividends paid to its stockholders. Kah reported “Each year billions of dollars are ‘earned’ by Class A stockholders of the Federal Reserve” (Kah, p. 20). Schauf further lamented by asking, “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?”
The Federal Reserve System certainly makes large profits. According to the Board’s 1995 Annual Report, the System had net income totaling $23.9 billion, which, if it were a single firm, would qualify it as one of the most profitable companies in the world. How were these profits distributed? By an agreement between the Board of Governors and the Treasury, nearly all of the Fed’s annual profits are paid to the federal government. Accordingly, a lion’s share of $23.4 billion, which represents 97.9 percent of the Federal Reserve’s net income, was transferred to the Treasury. The Federal Reserve Banks kept $283 million, and the remaining $231 million was paid to its stockholders as dividends.
Given that less than one percent of the Fed’s net earnings are distributed as dividends, it seems that an investor could easily find much more profitable ways to store their wealth than buying Federal Reserve stock. Regarding Schauf’s lamentation, the Federal Reserve System has been paying its profits to the Treasury since 1947.
Conclusion
It does not appear that the New York Federal Reserve Bank is owned, either directly or indirectly, by foreigners. Neither Mullins nor Kah provided verifiable sources for their allegations, nor did their mysterious sources agree on exactly who owns the New York Federal Reserve Bank. Moreover, their central assumption that control of the New York Federal Reserve is the same as control of the whole System is wrong and demonstrates a lack of understanding of the System’s basic organizational structure. The profits of the Federal Reserve System, again contrary to the assertion of Kah and Schauf, are funneled back to the federal government, not to an “international banking elite.” If the U.S. central bank is in the grip of a banking conspiracy, then Mullins and Kah have certainly not uncovered it.
There seems to be this dense fog around who owns the Fed and what it’s ultimate purpose is. According to the extra long post (sorry about that) it is the member banks. Every nation has these central banks including Iran, and it is said that they want war on Iran to install a Rothschild central bank. Fair enough, but why does Congress love the Fed?
On a gold standard the crooked politicians can only spend the gold in treasury or borrow, with the Fed the Congress can spend unlimited funds and make big wars and big spending projects in their districts and stay elected or topple foreign states. With interest rates near zero, you can see the government can spend unlimited amounts as the Fed monetizes the debt.
The relationship of Trump and the Fed is interesting because he appointed Goy Jerome Powell, after we had so much fun making internet memes of all the Jewish governors like Greenspan, Bernanke, Yellen. It is said those memes were a powerful influence to hand the Fed over to a non Jew then crash the system and blame it on the Goy.
Regardless of who owns the Fed now, the government seems to be on a hyperinflationary spending spree, passing out Trump bucks to every Tom Dick and Harry. It’s not like they like us, they want us all dead, so if they are giving us stimulus money they must be very worried about their system of debt imploding. If 50 million are out of work then all that credit card and mortgage debt is suspect.
What should we do? First if you see deflation in everything then hoard cash. But you must carefully watch for future hyperinflation and trade the cash for gold or silver when it bottoms out during the initial deflationary crash. Try not to be the victim of central banking insanity. Each person must take aggressive defensive action in this last phase of debt creation insanity and I say if you have the means leave to a more sane nation like Mexico or one south of the equator away from nuclear fallout patterns.