A Quote by Louis Thomas McFadden

When the Federal Reserve Act was passed, the people of these United States did not perceive that a world banking system was being set up here. A super-state controlled by international bankers and international industrialists acting together to enslave the world for their own pleasure. Every effort has been made by the Fed to conceal its powers but the truth is - The Fed has usurped the government!!

Louis Thomas McFadden

Quote Topics

Act Acting Acting Together Bankers Banking Banking System Been Being Conceal Controlled Did Effort Every Fed Federal Federal Reserve Government International Made Own Passed People Perceive Pleasure Powers Reserve Set State States Super System Together Truth Truth Is United United States Up World World Bank

Quote Author

Louis Thomas McFadden
American - Politician
July 25, 1876 - October 1, 1936

Some people think the Federal Reserve Banks are US government institutions. They are not... they are private credit monopolies which prey upon the people of the US for the benefit of themselves and their foreign and domestic swindlers, and rich and predatory money lenders. The sack of the United States by the Fed is the greatest crime in history. Every effort has been made by the Fed to conceal its powers, but the truth is the Fed has usurped the government. It controls everything here and it controls all our foreign relations. It makes and breaks governments at will.

Louis Thomas McFadden

Mr. Chairman, when the Fed was passed, the people of these United States did not perceive that a world system was being set up here... and that this country was to supply the financial power to an international superstate.

Louis Thomas McFadden

The Federal Reserve Bank of New York is eager to enter into close relationship with the Bank for International Settlements....The conclusion is impossible to escape that the State and Treasury Departments are willing to pool the banking system of Europe and America, setting up a world financial power independent of and above the Government of the United States....The United States under present conditions will be transformed from the most active of manufacturing nations into a consuming and importing nation with a balance of trade against it.

Louis Thomas McFadden

The truth is the Federal Reserve Board has usurped the Government of the United States. It controls everything here and it controls all our foreign relations. It makes and breaks government at will.

Louis Thomas McFadden

The Congress has had an uneasy relationship with banks and bankers since Alexander Hamilton. It took the United States until 1913 to set up a central bank. The Federal Reserve earned its hard-won independence over years of effort.

Robert Zoellick

Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States.

Barry Goldwater

I remember being 18 and being fed up with everything - fed up with society, fed up with the political system, fed up with myself - and then you kind of go, 'Actually, this voting thing is amazing,' because you have a chance to change it, right?

Cillian Murphy

In the past, a blow to the international system's strongest power would have been welcomed by its rivals. In the wake of September 11, however, every significant government in the world declared its support for the United States.

Michael Mandelbaum

The Federal Reserve is one of the most corrupt institutions the world has ever seen. There is not a man within the sound of my voice who does not know that this nation is run by the international bankers.

Louis Thomas McFadden

In the United States we have, in effect, two governments ... We have the duly constituted Government ... Then we have an independent, uncontrolled and uncoordinated government in the Federal Reserve System, operating the money powers which are reserved to Congress by the Constitution.

Wright Patman

The United States happens to be the only state in the world that has been condemned by the World Court for international terrorism.

Noam Chomsky

I think we're in a new era where the advancing tide is towards human unity, where people all around the world want to come together. The United States is in a position where it can lead the way towards that and it can do it in practical ways by affirming the power of the United Nations so that the international process makes decisions on international security.

Dennis Kucinich

The United States has done some very good things in the world, and that does not change the fact that the World Court was quite correct in condemning the United States as an international terrorist state.

Noam Chomsky

Dodd-Frank greatly expanded the regulatory reach of the Federal Reserve. It did not, however, examine whether it was correctly structured to account for these new and expansive powers. Therefore, the Committee will be examining the appropriateness of the Fed's current structure in a post Dodd-Frank world.

Richard Shelby

The courage we need is not the fortitude to be obedient in the service of an unjust war, to help conceal lies, to do our job for a boss who has usurped power and is acting as an outlaw government. It is the courage at last to face honestly the truth and reality of what we are doing in the world and act responsibly to change it.

Daniel Ellsberg

I have long been in favor of a balanced budget restriction at the level of the federal government of the United States. Because the federal government has money-creating powers it can, in fact, be very damaging if it runs a series of budget deficits. With the state government in the United States, they don't have money-creating powers. The automatic discipline imposed by the fact that they are in a common monetary unit and don't have control over the money power means that the balanced budget restriction is less needed.

James M. Buchanan

A Quote by Louis Thomas McFadden

Quote Topics

Quote Author

Related Quotes

Related Authors