"...the increase in the assets of the Federal Reserve Banks from 143 Million dollars in 1913 to 45 Billion dollars in 1949 went directly to the private stockholders of the [Federal Reserve] banks."
by:
Eustace Mullins
(1923-2010) American political writer, author, biographer
Source:
'The Federal Reserve Conspiracy' (1954)
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Reader comments about this quote:
Follow the money, and do the math. Ignorant fools the populace be...
 -- E Archer, NYC     
  •  
    YES! More Mullins! - the man whom Edward Griffin stole most of Creature from Jekyll Island from and barely acknowledged. Get a free copy of Mullins' vastly superior Secrets of the Federal Reserve (The London Connection) here:
    http://www.barefootsworld.net/fedsecrets_00.html

     -- Jimi Bigbear, Libertyville, IA     
  •  
    "went directly to the private stockholders of the [Federal Reserve] banks."
    ... and NOT to building roads and schools and hospitals the way far too many people think the tax money is used. End the Fed.
     -- J Carlton, Calgary     
  •  
    The true robber barons!
     -- Mary - MI     
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    And now that the Federal Reserve is militarized, the stolen booty seems secure.
     -- Mike, Norwalk     
  •  
    It's nice work if you can get it.
     -- jim k, Austin, Tx     
  •  
    A quote from Secrets of the Federal Reserve on Wikipedia no less (link below):
    *****
    The Federal Reserve System is not Federal; it has no reserves; and it is not a system, but rather, a criminal syndicate. It is the product of criminal syndicalist activity of an international consortium of dynastic families comprising what the author terms "The World Order". The Federal Reserve system is a central bank operating in the United States. Although the student will find no such definition of a central bank in the textbooks of any university, the author has defined a central bank as follows: It is the dominant financial power of the country which harbors it. It is entirely privately-owned, although it seeks to give the appearance of a governmental institution. It has the right to print and issue money, the traditional prerogative of monarchs. It is set up to provide financing for wars. It functions as a money monopoly having total power over all the money and credit of the people.
    *****
    http://en.wikipedia.org/wiki/Eustace_Mullins
     -- Jimi Bigbear, Libertyville, IA     
  •  
    PS - John Kaminski presciently wrote probably the best eulogy to Eustace about 3 months before Eustace passed on - February 2nd 2010.
    http://www.johnkaminski.info/pages/mullins/eustace_mullins_at_86.htm
     -- Jimi Bigbear, Libertyville, IA     
  •  
    Thanks for that Jimi. I'm always looking for ways to explain this to people.
     -- J Carlton, Calgary     
  •  
     
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