Friday, December 27, 2013

So...is the Federal Reserve defunct now...Charter ran out yesterday..PBS takes them on

So...is the Federal Reserve defunct now...Charter ran out yesterday..PBS takes them on.

http://www.godlikeproductions.com/forum1/message2444641/pg1

2 comments:

Anonymous said...

There never was a 100 year charter. That was just a made up internet rumor that everyone chose to just believe it and never bothered to read the federal reserve act!

The 1913 act gave the fed a succession of 20 years. See Sec. 4 of the federal reserve act.

Then on Feb 25,1927 Congress amended Sec. 4 changing the succession of 20 years to INDEFINITE! There is no expiration for the fed. The ONLY way the fed can ever end is ONLY IF Congress abolishes it by act of Congress.

See 44 stat. 1234

SIXTY-NINTH CONGRESS. SESS. II. C.Hs 189, 191. 1927.

February 25, 1927.
[H.R. 2]
[Public, No. 639.]

CHAP. 191.-An Act To further amend the national banking laws and the Federal Reserve Act, and for other purposes.

Reserve banks.
Vol. 38, p. 254.
Continuance of succession.

44 stat. 1234

SEC. 18. That the second subdivision of the fourth paragraph of section 4 of the Federal Reserve Act be amended to read as follows: "Second. To have succession after the approval of this Act until dissolved by Act of Congress or until forfeiture of franchise for violation of law."

Dan said...

So maybe THE UNITED STATES, INC. will deal with China as a Corporation and NOT a Country, in which We The People are the Assets of the Corporation and now we become SLAVES to China!