By: Sorcha Faal, and as reported to her Western Subscribers (Traducción al Español abajo)
Russian Foreign Ministry sources are reporting in the Kremlin today that US President Barak Obama has informed Prime Minister Putin and Chinese President Hu of his intentions to “totally takedown†the private banking system known as the US Federal Reserve that since its dubious creation in 1913 has had complete control over the printing of all US money in what many detractors have long stated was in violation of the American Constitution.
Virtually unknown to the American people about the Federal Reserve Bank is that it is comprised of 12 branches that are private corporations whose ownership is shrouded in secrecy and is the largest holder of United States debt said to be in excess of over $4 Trillion.
Fueling Obama’s growing anger over the Federal Reserve Bank, these reports continue, has been their arrogant refusal to reply to the many questions being asked of them by the United States Congress over what has happened to over $8 Trillion of US taxpayer money, and which caused US Lawmakers to take the unprecedented step of issuing a subpoena yesterday to force the Federal Reserve to turn over internal documents related to Bank of America’s acquisition of Merrill Lynch.
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More ominously though, with Obama’s plan to destroy the Federal Reserve Bank he becomes only the second US President to attempt to break this insidious creatures stranglehold over the United States after President John F. Kennedy, on June 4, 1963, signed Executive Order No. 11110 to strip the Federal Reserve Bank of its power to loan money to the government at interest.
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This will eventually be found to be a hoax. It’s a pretty obvious one.
It could be. I still found it to be interesting. To believe that a Marxist like Obama would fight the Fed is a stretch to say the least.
This is a Hoax you idiots !! There is no such person as Sorcha Faal. Google her name and find out. This is part of the propaganda machine to create fear in the public.
There is nothing Federal about the Federal Reserve Bank. It is not part of the Govt. It is a private institution with the primary purpose to control the money supply. Educated yourself before making any comments.
The world would be a better place without the FRB.
Soho
So I reported on an interesting article. I never claimed it was true. And you are 100% correct about the Federal Reserve. Perhaps you should read a few articles on this site written by me on that very subject.