The Federal Reserve is neither Federal nor a Reserve! It is one of the Greatest Scams of Alltime!

Episode 9: McFadden Says the Fed should be Liquidated and Government
Officers violating their oaths Impeached and brought to Trial!

Rep. Louis T. Mcfadden (R. Pa.) rose from office boy to become cashier and eventually President of the First National Bank in Canton, Ohio. For 12 years he served as Chairman of the Committee on Banking and Currency, making him one of the foremost financial authorities in America.

He fought ardantly and continuously for financial integrity and for the return to constitutional government. Here is a portion of Rep. McFadden's speech, quoted from the Congressional Record, pages 12595 - 12603.

"Federal Reserve banks are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; the rich and predatory money lenders."

"This is an era of economic misery and for the reasons that caused that misery, the Federal Reserve Board and the Federal Reserve banks are fully liable."

"No man and no body of men is more entrenched in power than the arrogant credit monopoly which operates the Federal Reserve Board and the Federal Reserve banks. These evil-doers have robbed this country of more than enough money to pay the national debt. What the government has permitted the Federal Reserve Board to steal from the people should now be restored to the people."

"Our people's money to the extent of $1,200,000,000 has within the last few months been shipped abroad to redeem Federal Reserve Notes and to pay other gambling debts of the traitorous Federal Reserve Board and the Federal Reserve banks. The greater part of our monetary stock has been shipped to foreigners."

"Why should we promise to pay the debts of foreigners to foreigners? Why should American farmers and wage earners add millions of foreigners to the number of their dependents? Why should the Federal Reserve Board and the Federal Reserve banks be permitted to finance our competitors in all parts of the world?"

"The Federal Reserve Act should be repealed and the Federal Reserve banks, having violated their charters, should be LIQUIDATED IMMEDIATELY!

"GOVERNMENT OFFICERS WHO HAVE VIOLATED THEIR OATHS SHOULD BE IMPEACHED AND BROUGHT TO TRIAL!"