Charles Lindbergh quotes on the fed

[angelatc]

Not the avatior - his father. Apparently he was a senator who opposed the US entering WWI and the creation of the Fed. http://en.wikipedia.org/wiki/Charles_August_Lindbergh

"To cause high prices, all the Federal Reserve Board will do will be to lower the rediscount rate..., producing an expansion of credit and a rising stock market; then when ... business men are adjusted to these conditions, it can check ... prosperity in mid career by arbitrarily raising the rate of interest. It can cause the pendulum of a rising and falling market to swing gently back and forth by slight changes in the discount rate, or cause violent fluctuations by a greater rate variation and in either case it will possess inside information as to financial conditions and advance knowledge of the coming change, either up or down. This is the strangest, most dangerous advantage ever placed in the hands of a special privilege class by any Government that ever existed. The system is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money. They know in advance when to create panics to their advantage, They also know when to stop panic. Inflation and deflation work equally well for them when they control finance."

"The financial system [...] has been turned over to the Federal Reserve Board. That board administers the finance system by authority of [...] a purely profiteering group. The system is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money."

In another quote, there's a link to something called the Aldrich plan, which is apparently a precursor to the Fed we know and love.

[CitizenPlain]

...

[forsmant]

He is a historic figure that I would like to research more. We need more like him in congress now.

[dirknb@hotmail.com]

"This Act (the Federal Reserve Act, Dec. 23rd 1913) establishes the most gigantic trust on earth. When the President (Woodrow Wilson) signs the Bill, the invisible government of the Monetary Power will be legalised... The worst legislative crime of the ages is perpetrated by this banking and currency Bill." - Congressman Charles A. Lindbergh Sr.

"Those not favorable to the money trust could be squeezed out of business and the people frightened into demanding changes in the banking and currency laws which the Money Trust would frame." - Charles A. Lindbergh Sr.

"The Aldrich Plan is the Wall Street Plan. It means another panic, if necessary, to intimidate the people. Aldrich, paid by the government to represent the people, proposes a plan for the trusts instead." - Charles A. Lindbergh Sr (The Aldrich Plan didn't pass, but was rewritten with the key elements intact and renamed the Federal Reserve Act)