[CitizensTruth] ACTION - Call to Ron Paul bill on the Fed

[Walterb306 at cs.com]

All,

FYI.

Forwarded info on Action.

Since its establishment around 1913 under Wilson, the Fed (private bank) has 
printed money and CHARGED THE GOVERNMENT (I.E., TAXPAYERS) interest on this 
created money. 

How many millions, billions, trillions would that be?

Both Jefferson and Jackson understood the true nature of a national bank and 
beat it back, but it was resurrected under Wilson.  Some writers link the 
establishment and policies of the Fed to the Great Depression.  Since it takes 
time for the effects to be realized, few individuals were able to connect the 
dots.

Beverley


 Ron Paul's Federal Reserve Abolition Act - HR 2755 


Please People today call your representative's office and ask him to join Ron 
Paul to support the HR2755 Let him now that we know that the Federal Reserve 
is a private corporation and it's illegal. Watch the documentary FREEDOM TO 
FASCISM by Aaron Russo if you want to master the information 

Luca 


Who Owns the Federal Reserve? 
Here's a list you don't see very often....... ....

When this so called "bail out" is over, these families will own our country 
and you and me!!!!  
Here's a list of the actual owners of the Federal Reserve: 
1 Rothschilds of London and Berlin 

2 Lazard Brothers of Paris 

3 Israel Moses Seaf of Italy 

4 Kuhn, Loeb & Co. of Germany and New York 

5 Warburg & Company of Hamburg, Germany 

6 Lehman Brothers of New York 

7 Goldman, Sachs of New York 

8 Rockefeller Brothers of New York 



Ron Paul's Federal Reserve Abolition Act - HR 2755 - Bravo!   

9-25-8

If you agree, call your Congressman today... 

Federal Reserve Board Abolition Act (Introduced in House) 

HR 2755 IH 

110th CONGRESS 

1st Session 

H. R. 2755 

To abolish the Board of Governors of the Federal Reserve System and the 
Federal reserve banks, to repeal the Federal Reserve Act, and for other purposes. 


IN THE HOUSE OF REPRESENTATIVES 

June 15, 2007 

Mr. PAUL introduced the following bill which was referred to the Committee on 
Financial Services 


A BILL 

To abolish the Board of Governors of the Federal Reserve System and the 
Federal reserve banks, to repeal the Federal Reserve Act, and for other purposes. 

Be it enacted by the Senate and House of Representatives of the United States 
of America in Congress assembled, 



SECTION 1. SHORT TITLE. 

This Act may be cited as the `Federal Reserve Board Abolition Act'. 



SEC. 2. FEDERAL RESERVE BOARD ABOLISHED

(a) In General -  Effective at the end of the 1-year period beginning on the 
date of the enactment of this Act, the Board of Governors of the Federal 
Reserve System and each Federal reserve bank are hereby abolished. 


(b) Repeal of Federal Reserve Act- Effective at the end of the 1-year period 
beginning on the date of the enactment of this Act, the Federal Reserve Act is 
hereby repealed. 


(c) Disposition of Affairs- 


(1) MANAGEMENT DURING DISSOLUTION PERIOD- During the 1-year period referred 
to in subsection 

(a), the Chairman of the Board of Governors of the Federal Reserve System-- 

(A) shall, for the sole purpose of winding up the affairs of the Board of 
Governors of the Federal Reserve System and the Federal reserve banks-- 



(i) manage the employees of the Board and each such bank and provide for the 
payment of compensation and benefits of any such employee which accrue before 
the position of such employee is abolished; and 



(ii) manage the assets and liabilities of the Board and each such bank until 
such assets and liabilities are liquidated or assumed by the Secretary of the 
Treasury in accordance with this subsection; and 


(B) may take such other action as may be necessary, subject to the approval 
of the Secretary of the Treasury, to wind up the affairs of the Board and the 
Federal reserve banks. 


(2) LIQUIDATION OF ASSETS-& nbsp;


(A) IN GENERAL- The Director of the Office of Management and Budget shall 
liquidate all assets of the Board and the Federal reserve banks in an orderly 
manner so as to achieve as expeditious a liquidation as may be practical while 
maximizing the return to the Treasury. 


(B) TRANSFER TO TREASURY- After satisfying all claims against the Board and 
any Federal reserve bank which are accepted by the Director of the Office of 
Management and Budget and redeeming the stock of such banks, the net proceeds of 
the liquidation under subparagraph 

(A) shall be transferred to the Secretary of the Treasury and deposited in 
the General Fund of the Treasury. 


(3) ASSUMPTION OF LIABILITIES- All outstanding liabilities of the Board of 
Governors of the Federal Reserve System and the Federal reserve banks at the 
time such entities are abolished, including any liability for retirement and 
other benefits for former officers and employees of the Board or any such bank in 
accordance with employee retirement and benefit programs of the Board and any 
such bank, shall become the liability of the Secretary of the Treasury and 
shall be paid from amounts deposited in the general fund pursuant to paragraph 

(2) which are hereby appropriated for such purpose until all such liabilities 
are satisfied. 


(d) Report- At the end of the 18-month period beginning on the date of the 
enactment of this Act, the Secretary of the Treasury and the Director of the 
Office of Management and Budget shall submit a joint report to the Congress 
containing a detailed description of the actions taken to implement this Act and 
any actions or issues relating to such implementation that remain uncompleted or 
unresolved as of the date of the report 


mailing list (ronpaul-1759 at meetup.com)


This message was sent by luca zanna (thankyouamericacd at yahoo.com) from MOHAVE 
COUNTY CITIZENS FOR CONSTITUTIONAL FREEDOMS http://ronpaul.meetup.com/1759/







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