The Federal Reserve now that Rep Thomas Massie officially reintroduced his bill ‘End The Fed’ TODAY

What you need to know about The Federal Reserve now that Rep Thomas Massie officially reintroduced his bill ‘End The Fed’ TODAY

Glenn Beck “The Federal Reserve Act wasn't drafted in Congress. It was drafted on a private island off the coast of Georgia in 1910. Here is the island, Jekyll Island. And it was drafted under great secrecy. Jekyll Island was the retreat for billionaires like William Rockefeller and JPMorgan”
‌
“In 1910, senator Nelson Aldrich, the Republican whip in the senate and the chair of the National Monetary Commission, sent his private railroad car to the New Jersey Railroad Station where he and 5 other men were instructed to come 1 at a time and everybody pretend they just didn't know each other.

Aldrich, who is the guy remember, he wrote the original bill. He was a business associate of JPMorgan. Oh, and the father-in-law to John d Rockefeller Jr. So there's no special interest happening there.
‌
There was also Abram Piat Andrew, assistant secretary of the Treasury, and Frank Vanderlip, representing William Rockefeller, Henry Davidson and Benjamin Strong with JPMorgan, and Paul Warburg. Um, he is a partner. He was a partner at Kuhn Loeb and Company. He was representing the Rothschild banking family.

The Rothschilds — Those guys, one quarter of all of the money in the world.
‌
The Morgans, the Rockefellers, the Warburgs, and Rothschilds, all in one room. Yeah. But when do they start sacrificing chickens? Well, it doesn't happen. That, I'll tell you.
‌
These guys were all competitors according to G Edward Griffin who we'll talk to in a minute. They all had come together to form a banking cartel, so they didn't have to compete against each other.

He says it was like an oil cartel or a sugar cartel, but this cartel actually went into partnership with the government. (I mean, how great is that, It's kinda like the drug cartels in Mexico. Wait, I didn't say that out loud, did I?)
‌
So for more than a week, these men sat around there. And they sat around this big table, and they hammered out all the details of what became the Federal Reserve System with 5 objectives:

How many of these do you agree with?
‌
1, To stop the growing competition from the nation's newer banks. That doesn't sound good.
‌
2, To obtain a franchise to create money out of nothing for the purpose of lending. That one really doesn't sound good either.
‌
3, To get control of the reserves of all of the banks so the reckless ones wouldn't be exposed to currency drains or bank runs. Oh, that's the charity part. Golly, cheap beef. Thank you so much.
‌
4, Then, to shift the losses from the bank owners to the taxpayers. It just gets better and better for you and me. That means no. Again, the answer is no.
‌
5, And then, finally, to convince Congress that the purpose was to protect the public.