Page 140 - Fruits from a Poisonous Tree

124 Fruit from a Poisonous Tree
FEDERAL RESERVE NOT ACCOUNTABLE TO CONGRESS

The Federal Reserve’s income each year is well over a trillion dollars.
Congress holds them exempt from paying taxes on their illegally obtained
income. They pay only real estate taxes. In order to perpetuate this ongoing
fraud on the American public, it is imperative that the Fed’s financial activities
never be subject to public scrutiny, and so, in its eighty-six year history, the
Fed has never been audited by Congress or by any other government agency
and never will be.
“Neither Presidents, Congressmen, nor Secretaries of the Treasury
direct the Federal Reserve. In the matters of money, the Federal Reserve
directs them.” – None Dare Call It Conspiracy, by Gary Allen
“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.” – Congressman Wright Patman, Chairman,
House Banking and Currency Committee
“By law, the seven members of the Federal Reserve Board are
appointed by the President for a term of fourteen years each. In spite
of the incredible length of` these appointments, nevertheless, they are
supposed to create the illusion that the people, acting through their
elected leaders, have some voice in the nation’s monetary policies. In
practice, however, every President since the beginning of the Federal
Reserve System has appointed only those men who were congenial to
the financial interests of the international banking dynasties. There
have been no exceptions.” – The Capitalist Conspiracy, by G. Edward
Griffin
“In its 60-year history, the Federal Reserve System has never been
subjected to a complete, independent audit, and it is the only important
agency that refuses to consent to an audit by the Congress’ agency,
the General Accounting Office... GAO audits of the Federal Reserve
will, moreover, fill the glaring gap that now exists in our information
about the Fed’s activities and programs. As things now stand, the only
information that we get on programs of the Fed is what the Fed itself
wants us to have.” – Congressman Wright Patman, Congressional Record
(May 5, 1975)