Icke / Tier 4 — The Captured Institutions and Their Instruments / financial
Federal Reserve
Where each worldview places it
America's privately owned 'central bank', "neither federal nor has any reserve". It is a cartel of private banks of about 20 mostly European founding families that lends non-existent money to the US government at interest, unaudited[1]. And the Truth calls it "the private banking cartel which decides the economic and interest rate policies of the United States" whatever the "puppet presidents" think, and the moment "the Elite took over the US economy"[2]. Both books tie it to the Warburgs and the Rothschild-Morgan-Rockefeller cartel; The Biggest Secret puts it under the British Crown and the Babylonian Brotherhood, And the Truth under the Global Elite and the Rothschilds, coordinated through the Bank for International Settlements.
- Aliases
- the FedFederal Reserve BoardFederal Reserve SystemFederal Reserve banking cartel
- Controls / directs
- Answers to / controlled by
- Lineage
- Prepared at a covert meeting on Jekyl Island organised by Paul Warburg and Senator Nelson Aldrich (the "Aldrich Bill"), passed in 1913[3]. Icke presents it as the successor of the Bank of the United States that Andrew Jackson defeated and of the debt money Lincoln resisted, and as the model for the planned world central bank[4].
- Dates
- Places
- Jekyl Island, Georgia (drafted there in secret)the District of Columbia (BS-14-1, BS-15, AT-07-1)New York (the Bank of New York its most powerful member) (AT-07-1)
- Key events
- 1913: passed, with a fraudulent income tax amendment[8]
- 1920s: strict new banking laws crush the small banks (the "Turkey Shoot"), then are withdrawn[6]
- 1929: raises interest rates at Montagu Norman's urging, triggering the crash[6]
- 1963: Kennedy plans to destroy its power with interest-free money
- Lyndon Johnson halts the plan after Dallas[9]
- crushes Jonathan May's non-interest credit scheme[10]
- Members / notable people
- Paul Warburg (engineer)Senator Nelson Aldrichthe Rockefeller-Morgan-Rothschild-Harriman cartelsAlan Greenspan (head) (BS-15, BS-18-1, BS-21-2, AT-12-3, AT-18-1)Paul Volcker (chairman under the "Trilateral Administration") (AT-12-3, AT-15-3, AT-16-6)the Bank of New York (most powerful member) (AT-07-1)two members on David Rockefeller's International Banking Commission[11]
- Author's claims · 14
- 01Its profits exceed $150bn a year[5].
- 02The bankers publicly opposed their own bill as reverse psychology[5].
- 03Its parent is the Payseurs' Charleston, Cincinnati and Chicago Railroad[12].
- 04It was installed by Paul Warburg for the Rothschilds to take over the US economy, and the Warburgs are its "creators"[13].
- 05Through J. P. Morgan and Kuhn, Loeb controlling the New York banks, the Rothschilds gained control of it "and the American economy"[8].
- 06It controls borrowing and interest rates and so creates booms and busts; Congress "has given away its authority to 'create'" money to it and borrows at interest (per Sheldon Emery's Billions For The Bankers, Debts For The People)[2].
- 07The Bank for International Settlements coordinates it with the other central banks, and it subscribes to BIS shares[11].
- 08The president's power to appoint its chairman is "another little ploy to kid the people that the Federal Reserve is part of the government"[14].
- 09Its chairmanship is "one of the most influential posts in the Elite network"; Volcker, a Bilderberger, was placed there under Carter[15].
- 10Kennedy "wished to destroy the power of the Federal Reserve Board by issuing interest-free money"[7].
- 11With the CIA, NSA, FBI and NASA it makes up the "Inner Fed", a secret government funded by hard drugs[16].
- 12It is the model for the Elite's planned world central bank[10].
- 13In the later books, a privately owned cartel of private banks, "manipulated into being" in 1913 by the Rothschild agents Jacob Schiff and Paul Warburg and the Rockefellers, Sabbatian-controlled since, and run by "ultra-Zionists" Greenspan, Bernanke and Yellen for 31 years[17].
- 14In the later books Stanley Fischer, its vice-chair, was governor of the Bank of Israel; Robert Rubin ran Clinton's Treasury[17].