God, Hope & Helping Others
I did a little research on the Federal Reserve Act which led to the creation of the Federal Reserve Bank. Here is one of my sources. It’s titled THE FEDERAL RESERVE ACT OF 1913 - HISTORY AND DIGEST by V. GILMORE IDEN. Here’s the link:
https://fraser.stlouisfed.org/files/docs/publications/books/fract_i... It’s a total of 122 pages.
Here are some of my findings: on page 26 'Finally a vote was taken on the evening of December 19, resulting in a victory for the Democratic measure by a vote of 54 to 34, several Republicans voting with the Democrats. Plans had been perfected to have but three conferees on the bill from either House, but because this contemplated eliminating his name Senator O’Gorman raised an objection, wherefore the Senate appointed nine conferees, six Democrats and three Republicans. The House appointed three conferees, and the committee began its deliberations on the afternoon of December 20. The conference report was adopted on December 23, and the bill signed by the President on the same day.
Congress immediately adjourned for a rest. This brought to a conclusion possibly the most noted session of Congress during the Wilson administration, a session which placed on the statute books two intensely important measures, a Democratic tariff law and the Federal Reserve Act’.
My observations: While the majority of Congress was away from Washington D.C. over Christmas holiday; establishment of the Federal Reserve Act came about as a result of a majority vote from a six member Democrat, three Republican Senate members, and three House members (party affiliation unknown) to the conference committee. Once approved by committee vote, then instantly signed into law by Democratic President Wilson. Finally, Congress was adjourned. In my opinion the “bankers” were successful in screwing the People over through this devious method of creating law in the last moments of December 23, 1913.
Tom and Stew have stated that with the Wanta funds being returned to the USA, the elimination of the Federal Reserve Bank can take place. Since so much effort went into establishing the Federal Reserve Act [creating the Federal Reserve Bank], will it be easy or difficult to remove the Federal Reserve Banking system? Maybe we will live long enough to know the answer? I believe the “bankers” will not want the Fed abolished and have many legislators bought and paid for anxious to do their bidding.
The Bill Still video Money Masters, I wrote about and posted to this forum earlier, has much to say about the Federal Reserve Bank. I encourage all to watch this informative video. Here is the video link: http://www.youtube.com/watch?v=HBk5XV1ExoQ 3:29:54