September 17, 2021

Democrats in the Senate Blocked the Audit of the Federal Reserve

The New American magazine issue of February 8, 2016 had an article describing how Democrats in the Senate blocked the audit of the Federal Reserve (the Fed). It explained how all Democrats and one Republican in the Senate voted 53 in favor and 44 against to stop an audit of the Federal Reserve on January 12, 2016.

fed reserveThe Federal Reserve has never been audited. It operates with a complete lack of transparency and accountability. The “audit the Fed” legislation would have opened the Federal Reserve’s books to government auditors for the first time since it was created in 1913. This legislation was sponsored in the Senate by Senator Rand Paul, Republican from Kentucky, and a former presidential candidate. The bill was supported by all Republican senators except one, Senator Bob Corker from Tennessee. This legislation was opposed by all Senate Democrats, except Senator Tammy Baldwin from Wisconsin. Senator Bernie Sanders, Independent from Vermont, and now a Democratic presidential candidate and a communist also supported the measure.

The three-page bill prepared by Senator Paul would authorize the nonpartisan Government Accountability Office (GAO) to examine the books from the Federal Reserve. Currently the GAO is not authorized to monitor the monetary deliberations, open market transactions, or agreements with foreign central banks (which are almost all privately owned) of the Federal Reserve.

The Federal Reserve is neither federal nor has any reserves. The owners of the Fed are members of a private banking cartel who were very effective in lobbying the Senate against the audit. American support for a thorough audit of the Fed is overwhelming. The public wants transparency and accountability of the Federal Reserve since its decisions affects all of the people in the nation. The Democrats in the Senate once again betrayed the American public.

The history of Federal Reserve Bank

The Federal Reserve Bank building is located in Washington, D. C.

The Federal Reserve Bank, which is a banking cartel made up of national and international bankers, issues money out of thin air. This private central bank was created on December 23, 1913. The Federal Reserve Act that was signed by President Woodrow Wilson was unconstitutional. Article 1, Section 8 of our Constitution clearly states that only Congress has the power to issue or print the currency and determine its value.

There are many books explaining the role of the banking cartel that created the Federal Reserve Bank and assumed control over our nation´s finances and practically of our entire government. The best book on this topic is The Creature of Jekyll Island: a Second Look at the Federal Reserve 5th Edition (2010) written by G. Edward Griffin. Jekyll Island, an island off the coast of Georgia, is where the conspirators secretly met in November 1910.

File:Nelson W. Aldrich 1841–1915.jpgSenator Nelson Aldrich, Republican from Rhode Island, was the and chairman of the Senate Banking Committee.

The secret meeting was called by Senator Nelson Aldrich, Republican from Rhode Island and chairman of the Senate Banking Committee. Senator Aldrich’s daughter, Abby Aldrich, married John. D. Rockefeller, Jr. Sixty years after the secret meeting, Aldrich´s grandson, Nelson Aldrich Rockefeller, became the vice president of the United States under President Gerald Ford. Previously, Nelson Rockefeller had served as governor of New York and unsuccessfully ran for the presidential nomination of the Republican Party.

Another grandson of Senator Nelson Aldrich is 100-year-old David Rockefeller. He has been intensely involved with the Council of Foreign Relations (founded in 1921), and the Bilderberg Group, (founded in 1954). David Rockefeller established the Trilateral Commission in 1973, an organization that Senator Barry Goldwater, the Republican Party presidential candidate for the 1964 election, described as “intended to be the vehicle for multinational consolidation of the commercial and banking interests by seizing control of the political government of the United States.”

The purpose of the secret meeting at Jekyll Island, that Senator Nelson Aldrich initiated, was to create the Federal Reserve Bank. In addition to Senator Aldrich, five other individuals met at the Jekyll Island Club House in 1910. (This writer has been several times to this place in Jekyll Island). As indicated of page five of the book The Creature from Jekyll Island (2010), the five individuals were the following:

  • Abraham Piatt Andrew, Assistant Secretary of the U.S. Treasury.
  • Frank A. Vanderlip, president of the National City Bank of New York, the most powerful of the banks at that time, who represented William Rockefeller and the international investment banking house of Kuhn, Loeb & Company.
  • Henry P. Davison, senior partner of the J.P. Morgan Company.
  • Benjamin Strong, head of J.P. Morgan´s Banker Trust Company, who later became the head of the Federal Reserve Bank.
  • Paul M. Warburg, a partner in Kuhn, Loeb & Company, a representative of the Rothschild banking dynasty in England and France, and brother to Max Warburg, who was head of the Warburg banking consortium in Germany and the Netherlands.

These six individuals, along with the bankers who they represented, made up approximately 25% of the total wealth of the entire world.

This book became the Number One best seller in Amazon´s category of money and monetary policy. It also ranked 32 in all non-fiction categories. This book is a classic exposé of the Federal Reserve Bank. It explains the most blatant scam in history. The book has 608 pages and it describes how the Federal Reserve Bank is the cause of inflation, depression, prosperity, boom-bust cycles, and wars.

Criticisms of the Federal Reserve Bank

Former Congressman Ron Paul, who served in the House of Representatives Banking Committee and ran for president several times, has repeatedly requested that an independent audit of the Federal Reserve Bank to be conducted by the Controller General of the Congress. Ron Paul has called The Creature from Jekyll Island a “superb analysis” and has indicated “to be prepared for one heck of a journey through time and mind.” Ron Paul agreed with the conclusions of G. Edward Griffin.

Republican Party Congresswoman Ros-Lehtinen from South Florida is worried that the Federal Reserve Bank continues to print trillions of dollars that the taxpayers cannot afford. Ros-Lehtinen believes that the public has the right to know exactly to whom this money is being given to and in what amounts. She is concerned that the Federal Reserve Bank is giving loans to non-banking firms. Ros-Lehtinen is also worried that in all the actions of the Federal Reserve Bank, the American taxpayers have been subjected to great financial risks.

If an audit by Government Accountability Office is ever conducted without a cover up, Americans will be greatly surprised of the scam that this nation has been subjected to since 1913.

The creation of the Federal Reserve was an illegal act since the Congress or a president cannot pass a law that violates the Constitution. Sadly, our nation has tolerated this illegal central bank for almost 100 years. Over the years, the Fed has created a massive federal debt and high inflation, which is a hidden tax that confiscates our savings, and has illegally, enriched beyond our imagination the small banking cartel that owns the Fed. Of course, President Barack Obama inherited the Fed structure. However, no other president has abused the taxpayers and future generations as much as Obama has by creating trillions of additional federal debt with this illegal, privately-own central bank cartel.

President Obama has used the Federal Reserve Bank to punish the major banks whose CEOs have criticized him or his bank regulators. Steve Forbes, former presidential candidate and editor-in-chief of Forbes magazine, wrote an article entitled “Fed Plays Partisan Politics” on May 6, 2013. He explained that the Federal Reserve recently conducted a stress test on the 18 major banks of our nation. The Fed granted passing grades to 14 banks. These banks are now able to conduct their operations in a normal manner. The ones that received a poor grade have received restrictions over their operations.

Steve Forbes wrote that three banks were unfairly given bad grades by the Fed. One of these banks is J.P. Morgan, which, in his opinion, is a well-run institution with a good balance sheet and has been punished simply because its CEO Jamie Dimon has expressed his deep disenchantment with the Obama administration. The same happened to Goldman Sachs since its CEO Lloyd Blankfein has also criticized Obama and was very close to Governor Mitt Romney and 2012 Republican presidential candidate. Forbes expressed that it was especially disturbing the Fed’s trashing BB&T since it is a well-operated bank. BB&T was punished because it criticized Obama’s bank regulators. Steve Forbes concluded his article by stating the following: “That the White House is engaging in Chicago-style retributions is no surprise. But for the Federal Reserve to engage in this kind of Godfather´s style activity is appalling.”

Let us not forget that the Obama White House keeps enemies lists that include conservative radio commentators and Fox News Channel. On May 11, 2013 we learned that the Internal Revenue was targeting tea party and patriot groups as early as 2011 and that top IRS officials knew about it. This is after all the Chicago way of punishing your opponents and rewarding your friends with crony capitalism such as Solyndra.

The Federal Reserve Bank will eventually create an enormous hyperinflation and is rapidly devaluing our currency and destroying the savings of millions of Americans. Our government is lying to us when it says there is almost no inflation and that the unemployment is less than five percent.

China is fully aware that we are devaluing our currency and engaging in a dangerous currency war. China fears that our government´s uncertain fiscal trajectory and trillions in bond purchases by the Federal Reserve Bank will dilute the value of China’s over a one trillion in U.S. treasury bonds. China and Russia have stated that they want to abandon the dollar as an international currency. China is now purchasing many corporations throughout the world, including some in the United States.

Additionally, China is buying tons of gold and many other metals, such as cooper and aluminum, and mines in an effort to reduce their U.S. dollar reserves since that nation is aware that our currency is fast losing its value. China is engaged in a currency war with the United States by artificially devaluating its currency to make it difficult for our products to enter its market. China is also engaged in a cyber-war against our nation by stealing our industrial and military secrets.

The owners of the Fed are also members of the Council of Foreign Relations, the Bilderberg Group and the Trilateral Commission which are part of a New World Order. These powerful individuals are not only controlling our nation, but also many other countries of the world. They are part of a globalist elite who advocate a planetary government under the United Nations both controlled by them.

What is the Bilderberg Group?

The Bilderberg Group (BG) was founded in 1954 by Polish-born Joseph Retinger to promote a greater understanding between Europe and the United States. The organizers met at the Hotel Bilderberg for a three-day meeting in Oosterbeek, Netherlands and that is why it received that name.

A founding member was German-born ex-Nazi Prince Bernhard, husband of Queen Juliana of Holland.

During the first meeting, very powerful individuals from the United States and Europe decided that the group would decide all issues regarding the politics and economic policies that their nations would follow and the strategies that they would follow to rule the world and eventually create a planetary one government.

Since 1954, the Bilderbergers meet once a year in different cities in Europe, Canada, and the United States. The members of the BG have represented the wealthy elite of the Western World: bankers, industrialists, CEO of multinational corporations, financiers, prime ministers, presidents, monarchs, key politicians, owners of the media, powerful university professors, presidents of the European Union, European Central Bank, World Bank, the International Monetary Fund, chair of the Federal Reserve Bank and other presidents and governors of central banks in Europe and other parts of the world, secretary generals of NATO, important cabinet and military leaders. Similar to the Council of Foreign Relations (CFR), the BG meetings are secret. All U.S. presidents since Dwight D. Eisenhower have belonged to BG global ruling class or sent representatives to the meetings.

David Rockefeller, the billionaire banker and former president of the Council on Foreign Relations, was one of the founders of the Bilderberg Group. He later founded the Trilateral Commission (TC) in 1972. He has always advocated for a global government. In his book, Memoirs (2003), he stated the following: “Some even believe we are a part of the secret cabal working against the best interests of the United States, characterizing my family and me as internationalists and of conspiring with others around the world to build a more integrated global political and economic structure-one world, is you will. If that’s the charge, I stand guilty, I am proud of it.”

From the very beginning of the BG, various members of the Rockefeller families and its ally, the Rothschild dynasty in Europe, have been the most powerful force of the organization. Baron Edmond de Rothschild has been a most active member of the BG. These two families, European monarchs, and a small group of very wealthy individuals determine who will be invited to participate in the BG meetings.

George Soros was born August 12, 1930, as Schwartz György in Hungary. He is a billionaire business magnate who is chairman of Soros Fund Management.

soros3George Soros is known as “The Man Who Broke the Bank of England” because of his short sale of U.S. $10 billion worth of pounds, making him a profit of $1 billion during the 1992 Black Wednesday United Kingdom currency crisis. Soros is one of the 30 richest people in the world. Soros is a well-known supporter of progressive and extreme radical political causes. He is also known as Obama’s godfather.

There are between 120 and 150 participants in these meetings of which about 80 are regulars such as Henry Kissinger. Many Obama’s advisors, cabinet members, and important White House officials are Bilderbergers such as Obama’s Godfather George Soros, Zbigniew Brzezinski, Hillary Clinton, Robert Gates, Timothy Geithner, Janet Napolitano, Susan Rice, Paul Volcker, and James Jones. Approximately 2/3 of the participants come from Europe and the rest from the United States and Canada. During the 2015 BG meeting in Austria, six individuals from Turkey were invited probably due to Middle East concerns and one from Russia.

David Rockefeller has always been close to the bloody assassin Fidel Castro

The most powerful individuals in the planet, such as David Rockefeller, are members of these three organizations. The Americans who participate in the BG, CFR, and TC meetings with head of nations and high government officials are in violation of the U.S.’s Logan Act that prohibits elected officials to meet in private with influential business and banking executives to debate and design public policy.

David Rockefeller is shaking the bloody hands of the oppressive Cuban dictator Fidel Castro. They have met frequently in New York City and Havana.

Promising politicians are invited and interviewed by BG, such as the governors of the small states Jimmy Carter of Georgia and Bill Clinton of Arkansas. If these politicians support the one-world government objective of the BG, then the BG will give them enormous financial support. With the established media owned by them, the globalist elite provide massive positive coverage to make them presidents. Of course, after Carter and Clinton were elected, they staffed their administration with CFR, TC, and BG members and consulted with BG constantly on domestic and international affairs issues.

The meetings are held under the Chatham House Rule, which states that participants are free to use the information received, but the identity or the affiliation of the speaker(s) or of any other participant may not be revealed. Due to the private nature of the conference, the participants are not bound by the conventions of their office or by pre-agreed positions. As such, they can take time to listen, reflect, and gather insights. There is no detailed agenda, no resolutions are proposed, no votes are taken, and no policy statements are issued. Last year’s Bilderberg conference took place from June 11 to June 14, 2015 in Telfs-Buchen, Austria.

The Bilderberg Group backs Hillary Clinton for President in 2016

Steve Watson wrote an article entitled “Bilderberg Backs Hillary for 2016 Presidency” which was published in InfoWars on June 8, 2015. He explained that Jim Messina of The Messina Group is the chief advisor to Hillary Clinton. Messina also heads the super PAC Priorities USA, which supported Barack Obama and is now firmly involved in the Hillary Clinton camp.

Watson wrote that “Messina’s presence at Bilderberg will be focused around ensuring none of Hillary’s potential challengers get the big bucks from the innumerable transnational banks and corporations that will also be represented at Bilderberg.”

As it has been reported by many, including this writer, that in June 2008 the Bilderberg Group met in secret with both Hillary Clinton and Barack Obama while the globalists were meeting in Chantilly in Northern Virginia. As always, the nation’s press was shunted. Watson pointed out that it is believed that the group endorsed Barack Obama over Hillary Clinton, as a more immediate candidate, with the plan being that Hillary Clinton would essentially pick-up as president for a third Obama term.

Hillary Clinton has a deep rooted connection to the Bilderberg New World Order globalist elitist. Bill Clinton attended the 1991 meeting in Germany. Shortly before becoming president, he attended again in 1999 when the BG annual meeting was held in Sintra, Portugal (despite Clinton’s lie that he had not attended in 15 years). Hillary Clinton was rumored to have attended the 2006 meeting in Ottawa, Canada. It is important to note that some individuals attend the meetings and their names are not published in the official list of attendees.


The Fed needs to be audited and the New World Order needs to be stopped. It is for that reason that a conservative Republican candidate who wants to maintain our sovereignty must be elected president in 2016.