by Toufic Nayel

Created on: April 16, 2009   Last Updated: April 18, 2009

The Federal Reserve Act is a creation of a private banking cartel, not a government agency. It is no more 'federal' than federal express. The Act was signed into law by Woodrow Wilson on December 23, 1913 while most of Congress was enjoying the Christmas holiday with family members. This underhanded scheme was intentional , not accidental as some would argue. Any Bill or Act passed without due diligence or perusal from members of the senate and Congress is simply unlawful. However that's not where the act originated. It was created in secrecy by a handful of international investment bankers on a private resort called Jekyll Island sometime in 1910. The Rockefeller, Morgan's, Warburg and Vanderbilt family's - to name but a few- were involved and present, supposedly to be going on a duck-hunting trip to Jekyll Island when in reality, they were setting the economic structure we now refer to as the Federal Reserve Banking System or Fed. Paul Warburg had been appointed to draft the Act the Woodrow signed.

Woodrow Wilson was quoted as saying this after realizing his mistake. 'I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system is concentrated. The growth of a nation, therefore, and all our activities are in the hand of a few men. We have come to one of the worst ruled, one of the most completely controlled governments in the civilized world, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a few dominant men'.

The Act was created by a banking cartel made up of members of the 12 federal reserve banks that make up the Fractional Reserve Banking System, which is fraudulent to say the least. There are no shares sold in these 12 private corporations, no way to 'buy in' to their FIAT system which is systematically draining America of its wealth. The constitution clearly places the power to print money in the hand of the Congress. In theory, all other deal or agreements are subservient to that of congress. JFK knew this and was ready to do away with the 1913 Federal Reserve ACT when he signed into law executive order 11110 on June 4th, 1963, stripping the Fed of its power to print money at interest to the United States. Unfortunately he was urdered that following Fall. Is this somehow related? I submit that it certainly appears that way.

JFK was quoted as saying this in his famous address to the press on April 27, 1961:

'The

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