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We are non political. We are non conspiracy. We simply search for current events which match prophecies or predictions made by William Branham. We pray for our leaders that they will have the wisdom to make proper decisions concerning complex problems.

Church Age Book 1965
Page 352 : Laodicean Church Age
The church owns such phenomenal wealth, that at any given time she can take over the entire world system of commerce, and indeed a leader in the World Council of churches has openly prophesied that the church in the foreseeable future should, could and will do just that. But their golden tower of babel shall fall. Only the gold tried in the fire shall endure. William Branham

Learn about the U.S.A. money system and the solution of returning to gold. Watch video.

Money, Banking and the Federal Reserve

Update: Pictures sent to us from October 16, 2008:
Read more about the Catholic Al Smith Dinner

Update: October 10, 2008
Read article: http://www.bloomberg.com/apps/news?pid=20601087&sid=aP5mpMUORBWM

Update: October 6, 2008
Germany takes hot seat as Europe falls into the abyss
We face extreme danger. Unless there is immediate intervention on every front by all the major powers acting in concert, we risk a disintegration of global finance within days. Nobody will be spared, unless they own gold bars.

Update: March 6, 2008
Speaker Nancy Pelosi, the most prominent Catholic serving in the U.S. government, called on Sen. John McCain to reject the endorsement of Texas televangelist John Hagee, who has labeled the Catholic church "the great whore," a "false cult system," and linked it to Hitler's Nazi movement. "That behavior is outside the circle of civilized debate in our democracy," Pelosi said during a Thursday conference call.

Learn more about the Vatican :
Is She Babylon - Click here

"Rome has acquired nearly all the supplies of gold."

Furthermore, the elect will not only be kept, but as this move becomes the "IMAGE ERECTED TO THE BEAST," the saints will be gone in the rapture. And this little delightful, winsome movement that started out in fellowship at Ephesus will become the monster of Satan that defiles and deceives the whole world. For the church system of the Roman Catholic and the Protestant in coming together will control the whole wealth of the world system and force the whole earth into its religious trap, or will kill them, by refusing them the privilege of buying and selling whereby they would make a living. This will be accomplished simply, for the harlot's daughters are all but gone back to her. In the meantime, Rome has acquired nearly all the supplies of gold. The Jews have the bonds and all the paper. At the right time, the harlot will destroy the present day money system by calling in all the paper, and demanding gold. With no gold, the system falls. The Jews will be trapped and come into the alliance, and the harlot church will take over the whole world.

For the love of money is the root of all evil: I TIMOTHY 6:10

“This irritable tribe of priests, have subverted the pure morality of primitive Christianity to serve their own selfish interests.” The Jesuits have "perverted" Christianity "into an engine for enslaving mankind, a mere contrivance to fetch wealth and power to themselves." - Thomas Jefferson more...

177 And remember, in that time all the ministers give in. Jezebel was the leader. Listen, Ahab himself was a pretty nice guy, but Jezebel was the neck behind the head. She was the one who did it. She was the renegade. I ain't got nothing against that man as a president, but it's that Jezebel system that's behind it. Can't you see these popes and things coming in now; one's raising that don't know Joseph. And the first thing you know, we are right now asking the Protestant church to consolidate with it, and every organization will go right into the federation of churches, and there you're trapped. We are living off of tax money that'll be paid in forty years from today. The nation's broke. Where's it at? Who's got the money? We haven't got it. Our--our bonds are no good. We've got to have gold. Who's got it? The Catholic church. What will they do? Before these whiskey men and all these great holders and stockholders will ever give it up, they'll absolutely sell out, and the church will loan the nation the money. And what it will do, it'll sell its birthrights right straight into Catholicism. Then what are you going to do? Amen. That's the gold of the world, them and the Jews, and that's the covenant that he makes with Israel. See, you Bible readers can teach that in your church. You see, I'm just showing you I believe the same thing.

76 People today, like it was then, they lean upon their own understanding. "My pastor says that that's fanaticism." But the Bible said it would happen. Whose understanding you going to lean upon? The Bible promised in the last days, that the Laodicea church Age would get so rich, and get so insuffic--or in a sufficiency of their own, "I am rich. I have need of nothing. I set as a queen." And she's rich. And He said, "Thou knowest it not that you are miserable." Now, that's the entire church age, the church. "To the church of Laodicea, you are naked, blind, poor, miserable, and don't know it." Setting in her riches, ten thousands times ten thousands, and thousands of members, wealth of the world in her hand almost. Putting it all together they--with the Catholic church and the Protestants together, as they're going together, they got the wealth of the world.

78 We are busted in this nation, just about. We're borrowing on tax that'll be paid in forty years from now, they tell me, so they said on "Lifeline." Taxes, we're spending now, will be paid forty years from now. My little grandson, if Jesus tarries, the taxes that he'll pay when he is forty years old, we're spending on it now, sending to foreign aid, and our own Indians and things starving to death; trying to buy fellowship. You don't buy fellowship. You don't buy a friend. No, but that's what we're doing. That's the way we're set up, taxing people to everything they can get onto, tax, tax, tax. And we'll not be out of war debt for--for hundreds of years yet, I suppose, that we been throwed into by politicians. And now we shouldn't be that way. There's no reason for us to be that way.
But the churches themself has become rich. "Pretty near the wealth of the world," says the Bible, "lays in the Catholic church." That's why Russia run her out, why Russia excommunicate. That was the very grass roots of communism, because the church taught to be something, they wasn't no more from the rest of the world.

80 When we was up there in Finland, that little boy was raised from the dead, there stood them Russian soldiers at attention, and they said, "We will receive a God that can raise up the dead."
We have made denominations, and schools, and--and buildings, and failed to do what Jesus told us to do, was preach the Gospel. We've tried to educate the world. He never said, "Educate the world; he that's educated shall be saved." You've got to be borned again, filled with the Spirit. That's the reason we have so miserably failed everywhere. See, we got the wealth, we got the thing.
Now, what will happen? And when this church, World Council of churches goes together, can't you see who is going to do the leading? Can't you Methodists and Presbyterians understand that, the rest of you, even to Pentecostals? You say you're not going in. You'll either go in or you'll bust up the denomination. You'll do one or the other. It's right before you. You've got to do it. It's a forcing, the mark of the beast. That's what it is, exactly. Denominationalism absolutely (I can prove it by the Bible) is the mark of the beast. "She was a whore; she had prostitute daughters." And we know that that is the Truth. Organized religion, it's contrary to the Word, and it's antichrist in its principles. Not everything in there is antichrist; but in its principles, its system is antichrist, because it's against the Word of God. Every organized system is that way.

32-3 And it's just like it is today: here we are, as I said, we're... Gold... We're almost bankrupt. We're borrowing, spending money now on taxes that'll be paid fourteen years from today. That's how far we are gone. Who's got the money of the world? The Catholic church. How would it be loaned to the United States? To keep these tobacco and whiskey companies and things. Sure they'll borrow it from... When they do, they sell their birthrights right out to the Roman Catholic church. We consolidate. Why, it's just as plain, plainer than reading the newspaper; here it is. See?

E-86 Castro... Sure, I'm against him. He's a communist. Right. I'm against him. But he done a good thing when he changed the currency and sent the gold back, bought up the bonds and sent the gold back. We'll have to do that, or there's one thing stuck in our face, that is that the Catholic church owns the wealth of the world. She's got the money. She's got the gold to buy our bonds back again. That's exactly. And you think these whiskey dealers, and tobacco dealers, and great people of the country won't sell out to keep from losing all their business and counterfeiting the currency? They'll go right back and take that money from the Catholic church, and then she's sold. Right. Don't the Bible predict that? The wealth of the world...

325-1 {334} Here comes Satan with all four corners of the earth with his Protestants and with his--his Catholics, and all together, marching right up to the battle of Armageddon. All right. And here comes Jesus coming down from heaven with resurrected saints, vindicated Word. As I said, "If God speaks and sends you, He--He--He backs up what you say." See, see? Notice, if you're an ambassador from heaven, all heaven's behind you. And heaven is consisted of the Word.

168-4 {349} And after the church is taken away, Rome and--and the Jews will make a covenant with one another. The Bible said they would, with the holy people. And now notice, they'll make it, because why? This nation is going to be busted, and the rest of the world that's on the gold standard is busted. You know that. If we're living off of taxes, due bills for forty years from now, where are we at? There's only one thing can happen. That's to call in the currency and pay off the bonds; and we can't do it. Wall Street owns them, and Wall Street's controlled by the Jews; the rest of it's in the Vatican, and the Jews has got the rest of it in Wall Street with the commerce of the world.
168-5 {350} We can't call it in. And if we could do it, do you think these whiskey guys and--and all these tobacco people with billions times billions of dollars a year and write off all their income tax for old vulgar pictures and things like that--go out in Arizona there and buy millions of acres of land--or thousands--and dig them big wells at fifty thousand dollars and pay it off with income tax? And they'd put you in jail if you don't pay yours. But they write it off and throw up wells and send bulldozers in. And what do they do? They put housing projects in there, and the next turn around with their money they made (they have got to make an investment) and put houses, projects in there and sell them for millions of dollars. Do you think them guys is going to compromise to change the currency?

169-2 {352} Like this fellow down here in--in (What's his name?) Castro did. He done the only smart thing he ever did do then, when he destroyed the bonds: paid them off and destroyed them. Notice, but we can't do that. These guys won't let us. The rich merchants of the earth hold it, and then there's only one thing to do: The Catholic church can pay it off. She's the only one that's got the money; she can do it, and she will do it.
And in doing this to get it, she'll compromise with the Jews and make a covenant, and when she makes this covenant with the Jews... Now, remember, I'm taking this from the Scriptures. And now, when she does this and makes this covenant, we notice in Daniel 8:23 and 25 he will cause craft to prosper (And craft is manufacturing.), in his hand.

169-5 {354} And he makes this covenant with the Jews, and in the midst of this three and a half years, he breaks his covenant as soon as he gets the thing wrapped up and gets the money of the Jews tied up. And when he does that, oh, my, oh, my, he's called the antichrist until the end of the church age, for he is the--he and his children are against Christ and the Word. This man's called the antichrist. Now, he's going to hold the money. And that's where I think he'll come in. Just a minute, while I say this, then I want to go back to it in a minute. He's called the antichrist and will be called the antichrist in the sight of God until the end time. Now, but then he'll be called something else.

169-6 {359} Now, when he gets the money all under control, then he'll break this covenant with the Jews, as Daniel here said he would do it, in the midst of the last half of the seventy weeks of Daniel. And then, brother, what will he do? He will have all of the world trade and the commerce, a pact with the world, 'cause he'll hold the wealth of the world completely. And during that time, them two prophets will rise on the scene and call that hundred and forty-four thousand. Then what'll take place? Then the mark of the beast of Revelations 13 will set in, 'cause he holds all the commerce, trade and everything of the world. And what will take place then? The mark of the beast will come in that no man can buy or sell except him that has the mark of the beast. Thank God, the Church will be enjoying a great three and a half years in glory. Don't have to go through that.

58-2 I've got what they call "The Facts of our Faith," the highest Catholic book that can be bought. And it says in there, "If there is a Catholic on a ticket that's running against a Protestant, if a Catholic votes for a Protestant they're excommunicated from the fellowship with the Catholic church." Right. And if there's two Catholics running for the same office, they shall pick out the Catholic that's more loyal to the mother church and vote for them.
See how that deceit, what they're trying to do? Give money away to buy what? They're trying to break it. And they're doing it, and she's broke. What is it? It's on the gold standard, and the Catholic church (the hierarchy) owns the gold of the world, a hundred and sixty-eight billion. There you are.

58-5 Throw her right back on the gold standard. And you people just keep your homes and things, but you belong to the Catholic church. The nation belongs to the Catholic church. The whole thing is captured right in like that through their currency. Don't the Bible speak of that? That's the picture that the Bible draws us? What I'm trying to say, brother, today they'll say, "That'll make it a fine church. It'll unite Protestantism." And it looks good to the natural eye, but the knowledge of this world is foolishness to God, and it pleased God through the--the foolishness of preaching to save those which are lost by Divine office that He ordained in His church to build the church upon these spiritual qualities and not upon anything that pertains to the earth.

“No political event or circumstance can be evaluated without the knowledge of the Vatican's part in it. And no significant world situation exists in which the Vatican does not play an important explicit or implicit role.” - Baron Avro Manhattan, English historian, Knight of Malta, The Vatican and World Politics

We are non political. We are non conspiracy. We simply search for current events which match prophecies or predictions made by William Branham. We pray for our leaders that they will have the wisdom to make proper decisions concerning complex problems.

  • The Federal Reserve IS NOT a government agency.
  • The Federal Reserve IS a private for-profit corporation.
  • It is run by a group of bankers.
  • The Federal Reserve LOANS money to the United States government with Interest.
  • Banks get 'money' from the Federal Reserve Corporation.
  • Fractional reserve banking means loaning money that does not exist.
  • The FR print moneys, collect taxes, and charge interest to the U.S. Government and other borrowing banks on loans made from nothing.

    With his extensive European banking savvy, Warburg was the most knowledgeable banker in the group.” Voicing the Jesuit agenda, this non-ordained “cohort” will later tell the Senate: "We shall have World Government, whether or not we like it. The only question is whether World Government will be achieved by conquest or consent." Paul Warburg [quotes.liberty-tree.ca]
  • …The Knights [of Columbus], as we have seen, also enjoy direct input to the Fed through the Morgan Bank.

    … By June 1932, Congressman Louis McFadden ... “We have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks… private credit monopolies which prey upon the people of the United States for the benefit of themselves,” ... “The United States has been ransacked and pillaged…The truth is the Federal Reserve Board has usurped the Government of the United States. It controls everything here… to supply financial power to an international super state - a super state controlled by international bankers and international industrialists acting together to enslave the world.”

    Those dollars in your wallet are actually “Federal Reserve notes”. These “promises to pay” are not items of intrinsic value called “money”.
    Regardless of denomination, each bill printed by the Bureau of Printing and Engraving in D.C. on contract from the privately held Federal Reserve is actually worth exactly three-tenths of one penny.

  • $1 bill, $5, $10, $20, $100 and higher : Each bill actually only worth 3/10th of a penny.

    Federal Reserve founder, Nathan Rothschild, once boasted: "Permit me to issue and control the money of a nation, and I care not who makes its laws."

  • 1913 : Beginning of Federal Reserve corporation
  • 1913 : Beginning of the Income Tax
  • 1913 : The United States government had No Debt
  • 1933 : Seven Visions before United States of America's end
  • 1933 : Gold is declared illegal to hoard transcript
  • 1956 : United States rejects Christ What does this mean? : link not activated
  • 1961 : First Catholic President takes office
  • 2008 : The United States government has a 6 trillion dollar debt.
  • 2008 : The collapse of global banking, mortgages, debt ... statistics

    January 20, 1961 : John F. Kennedy

    197 Even the other day, when we had election. ... Mr. Edgar Hoover exposed it, exposed the Democrat party the other day. When they had the machines set up, that every time they voted for Mr. Nixon, they had to vote for Kennedy the same. ... You can't tell who was elected, whether Kennedy or whether... Kennedy was called elected, but I don't know whether he was elected or not. Now, I'm not a politician; I know nothing about it. But I know what is right and wrong. I got that much sense to know that...?... When it's right before us, the--the man has proved by the FBI that they had the machines set up to do it... It wasn't on the other party done that way, it was on the--the--the Kennedy's party that did it. Why? It has to be that way.

    67 And you precious colored people in the south, how you voted. You say, "You have no business saying that in the pulpit." Oh, yes I have; it's the Word of God. And the stain of--of Abraham Lincoln, the one that freed you, laying yonder in that museum on a woman's dress, and you sell your birthright. Shame on you. And you people, for politics, because you're just a good Democrat, voted for something like that and sold your birthrights of Americanism and Christianity to give it over to the prostitute that run us in this nation, what made us what we was. See how she's been creeping in real easy, until now she's on the throne (Sure.), the White House throne.

    E-37 ... Now, I'm not a Democrat nor a Republican, neither one, I'm a Christian. The one pot can't call kettle black or greasy. One's just as black as the other one, just as dirty as the other one. But what's the matter? It's because that there's no security in those things. It's played out. The great House of Commons of England, one time said about democracy, it said, "Democracy is all sails and no anchor." Said, "It'll come to pass that politicians will stand on soap boxes, and make the elections in America... and pay their way in for..." That exactly right, but he didn't think about his own nice, lovely, House of Lords would do the same thing. So it shows that all these things are rotten and decayed, because there's coming a Kingdom whose Founder--a city whose Builder and Maker is God. These things has to give way.

    Roman Catholicism in the United States has grown dramatically over the country's history, from being a tiny minority faith during the time of the Thirteen Colonies to being the country's largest profession of faith today. With 76.9 million residents professing the faith in 2003, the United States has the third largest Catholic population in the world after Brazil and Mexico. ... However, at the time of the American Revolution, Catholics formed less than 1% of the population of the thirteen colonies. wikipedia

    Both gay rights, abortion rights, and even Terry Schiavo’s “right to die” case have not only tested the values of the Catholic Church, but united the evangelicals and Catholics. This is remarkable considering that National Association of Evangelicals formed in the 1940s was anti-Catholic. At the same time, some Catholics question the church stance on birth control and the role of women. wikipedia

    Catholic's in Politics : United States of America
  • The first Roman Catholic Supreme Court Justice was Roger B. Taney, appointed in 1836.
  • Mid 1980s when President Ronald Reagan appointed Antonin Scalia and Anthony Kennedy to the court, both Catholic.
  • The first President Bush appointed Clarence Thomas, a Catholic.
  • President Bill Clinton appointed two Jewish Judges: Ruth Bader Ginsburg and Stephen Breyer.
  • President George W. Bush appointed John Roberts and Samuel Alito, both Catholics.
  • 2008, the Supreme Court has a Catholic majority.
  • The United States Conference of Catholic Bishops (USCCB) Founded in 1966 The organization is a registered corporation based in Washington, DC. As with all bishops' conferences, certain decisions and acts of the USCCB must receive the recognitio, or approval of the Roman dicasteries, which are subject to the immediate and absolute authority of the Pope. wikipedia

    First Catholic Sermon in the House
    On January 8, 1826, Bishop John England (1786-1842) of Charleston, South Carolina, became the first Catholic clergyman to preach in the House of Representatives. The overflow audience included President John Quincy Adams, whose July 4, 1821, speech England rebutted in his sermon. Adams had claimed that the Roman Catholic Church was intolerant of other religions and therefore incompatible with republican institutions. England asserted that "we do not believe that God gave to the church any power to interfere with our civil rights, or our civil concerns." "I would not allow to the Pope, or to any bishop of our church," added England, "the smallest interference with the humblest vote at our most insignificant balloting box."

    The Competition Is Between Catholicism and Communism read more link not activated

    Is There A Vatican Connection?

    [excerpts] As Eustace Mullins helpfully explains - and Aaron Russo's DVD “America: Freedom To Fascism” demonstrates - “The IRS is actually a private collection agency for the Federal Reserve System. It originated as the Black Hand in mediaeval Italy, collectors of debt by force and extortion for the ruling Italian mob families. All personal income taxes collected by the IRS are required by law to be deposited in the nearest Federal Reserve Bank.” In other words, into the pockets of the Rothschilds, Warburgs, Schiffs, Rockefellers, Harrimans, Morgans and other elite families. Slick, eh? But don't try to buy any of this hot Fed stock. “The Federal Reserve Act stipulates that the stock of the Federal Reserve Banks cannot be bought or sold on any stock exchange. It is passed on by inheritance as the fortune of the 'big rich',” Mullins relates. “Almost half of the owners of Federal Reserve Bank stock are not Americans.” These “foreign” owners include the Fed's originators, the Vatican Jesuits. ...
    …Today, the largest bank in the world today, the Federal Reserve “is one of the greatest contributors, or players, in international trading,” Mullins observes. The Fed gets its orders from the Queen Mum of All Banks, the Bank of England - aka, the Bank of Rothschild. Considered by many to be the world's most powerful institution - the power behind all presidencies, dictatorships and thrones - does the Bank of England answer to any other bank? Well, yes, actually. The Bank of Rome began opening branch offices in Venice in 1587. Bank of Rome = Vatican Bank controlled by the Jesuit General, aka the “Black” (hidden, shadowy) Pope. The Jesuit's Bank of Rome opened its Bank of England branch in 1694. The first bank to be named after a country, the Bank of England had nothing to do with the British government - except to own it through privately held, interest-compounded debt. (See Paul Grignon's excellent "Money Is Debt" animation here.)

    Including the Vatican-home mortgage connection.
    “All roads do lead to Rome,” I told Hank. We have the Federal Reserve begat by the Bank of England begat by the Bank of Rome. Similarly, the Bank of Canada is an offspring of the Bank of England, which in turn is a child of the Bank of Rome - aka, the Vatican Bank.

    This does not mean that the Vatican gets on the phone and issues interest rate changes to the Bank of England and the Fed. Banking at the top doesn't work like that. Rather, the folks taking the bankers' calls are FX money traders who set the currency valuations that influence interest rates and determine the fate of countries - and home mortgage holders. The so-called “globalist conspiracy” of Knights, Masons and Bilderberg attendees is really a network of influential industrialists, politicians and media heads who meet regularly in private to "'to clear up differences and misunderstandings" - and persuade invited skeptics to join their new world bankers paradise. They do not occupy some mythical control room pushing buttons that change the players and scenery on the world stage. They don't have to. Bankers and the Vatican follow a much simpler Golden Rule: "Those with the gold make the rules."

    “It is my opinion that if the liberties of this country - the United States of America - are destroyed, it will be by the subtlety of the Roman Catholic Jesuit priests, for they are the most crafty, dangerous enemies to civil and religious liberty. They have instigated most of the wars of Europe.”
    - General Lafayette, aide to General George Washington (1799)

    Where will that money come from?
    As the crisis deepens, the Federal Reserve Board has just reported that Americans no longer able to borrow against their homes are maxing their credit cards at a ferocious clip. With total outstanding credit card debt already around $940 billion, and mortgage debt increasing by $730 billion every 12 months, the foreclosure crisis is spreading like a contagion from the subprime junk mortgage market to A-prime mortgage holders. In an economy addicted to “pay later” spending, homeowners facing equity losses of more than $2.2 trillion in 2008 are about to “sharply curtail” their consumption. And default on their loans. [Center for Economic and Policy Research Jan 9/08]

    Citing “higher oil prices” and “softening” home values, on January 2, 2008 Federal Reserve Chairman Ben Bernanke pledged to prevent a recession and risk high inflation by dropping the yield on two-year Treasury bonds - easing credit in the U.S. and inviting lenders to switch to the Euro. [Bloomberg Jan 12/08] “It's like the Dark Ages,” one banker told the Financial Times in what must have sounded like a Knight named Sinatra singing a Vatican aria. After all, it was the Jesuit's founder, Ignatius Loyola, who “purposed to restore the Dark Ages” in order to establish an allegedly infallible Pope as “Universal Monarch of the World ruling all Nations.” [The Jesuits: Their Complete History]

    That's a big number. But U.S. homeowners “stand to lose as much as $8 trillion in equity,” declares Dean Baker, co-director of the Center for Economic and Policy Research. “There is no way to fix the problem.” [truthout Dec 10/07]

    Gold. Who owns the gold?
    E-86 ... bought up the bonds and sent the gold back. We'll have to do that, or there's one thing stuck in our face, that is that the Catholic church owns the wealth of the world. She's got the money. She's got the gold to buy our bonds back again. William Branham January 19, 1963

    We are non political. We are non conspiracy. We simply search for current events which match prophecies or predictions made by William Branham. We pray for our leaders that they will have the wisdom to make proper decisions concerning complex problems.


    From Dan Benham

    September 8, 2002

    The following is a conversation with Mr. Ron Supinski of the Public Information Department of the San Francisco Federal Reserve Bank. This is an account of that conversation.

    CALLER - Mr. Supinski, does my country own the Federal Reserve System?

    MR. SUPINSKI - We are an agency of the government.

    CALLER - That's not my question. Is it owned by my country?

    MR. SUPINSKI - It is an agency of the government created by congress.

    CALLER - Is the Federal Reserve a Corporation?

    MR. SUPINSKI - Yes

    CALLER - Does my government own any of the stock in the Federal Reserve?

    MR. SUPINSKI - No, it is owned by the member banks.

    CALLER - Are the member banks private corporations?

    MR. SUPINSKI - Yes

    CALLER - Are Federal Reserve Notes backed by anything?

    MR. SUPINSKI-Yes, by the assets of the Federal Reserve but, primarily by the power of congress to lay tax on the people.

    CALLER - Did you say, by the power to collect taxes is what backs Federal Reserve Notes?

    MR. SUPINSKI - Yes

    CALLER - What are the total assets of the Federal Reserve?

    MR. SUPINSKI - The San Francisco Bank has $36 Billion in assets.

    CALLER - What are these assets composed of?

    MR. SUPINSKI - Gold, the Federal Reserve Bank itself and government securities.

    CALLER - What value does the Federal Reserve Bank carry gold per oz. on their books?

    MR. SUPINSKI - I don't have that information but the San Francisco Bank has $1.6 billion in gold.

    CALLER - Are you saying the Federal Reserve Bank of San Francisco has $1.6 billion in gold, the bank itself and the balance of the assets is government securities?

    MR. SUPINSKI - Yes.

    CALLER - Where does the Federal Reserve get Federal Reserve Notes from?

    MR. SUPINSKI - They are authorized by the Treasury.

    CALLER - How much does the Federal Reserve pay for a $10 Federal Reserve Note?

    MR. SUPINSKI - Fifty to seventy cents.

    CALLER - How much do they pay for a $100.00 Federal Reserve Note?

    MR. SUPINSKI - The same fifty to seventy cents.

    CALLER - To pay only fifty cents for a $100.00 is a tremendous gain, isn't it?

    MR. SUPINSKI - Yes

    CALLER - According to the US Treasury, the Federal Reserve pays $20.60 per 1,000 denomination or a little over two cents for a $100.00 bill, is that correct?

    MR. SUPINSKI - That is probably close.

    CALLER - Doesn't the Federal Reserve use the Federal Reserve Notes that cost about two cents each to purchase US Bonds from the government?

    MR. SUPINSKI - Yes, but there is more to it than that.

    CALLER - Basically, that is what happens?

    MR. SUPINSKI - Yes, basically you are correct.

    CALLER - How many Federal Reserve Notes are in circulation?

    MR. SUPINSKI - $263 billion and we can only account for a small percentage.

    CALLER - Where did they go?

    MR. SUPINSKI - People's mattresses, buried in their back yards and illegal drug money.

    CALLER - Since the debt is payable in Federal Reserve Notes, how can the $4 trillion national debt be paid-off with the total Federal Reserve Notes in circulation?

    MR. SUPINSKI - I don't know.

    CALLER - If the Federal Government would collect every Federal Reserve Note in circulation would it be mathematically possible to pay the $4 trillion national debt?


    CALLER - Am I correct when I say, $1 deposited in a member bank $8 can be lent out through Fractional Reserve Policy?

    MR. SUPINSKI - About $7.

    CALLER - Correct me if I am wrong but, $7 of additional Federal Reserve Notes were never put in circulation. But, for lack of better words were "created out of thin air " in the form of credits and the two cents per denomination were not paid either. In other words, the Federal Reserve Notes were not physically printed but, in reality were created by a journal entry and lent at interest. Is that correct?

    MR. SUPINSKI - Yes

    CALLER - Is that the reason there are only $263 billion Federal Reserve Notes in circulation?

    MR. SUPINSKI - That is part of the reason.

    CALLER - Am I mistaking that when the Federal Reserve Act was passed (on Christmas Eve) in 1913, it transferred the power to coin and issue our nation's money and to regulate the value thereof from Congress to a Private corporation. And my country now borrows what should be our own money from the Federal Reserve (a private corporation) plus interest. Is that correct and the debt can never be paid off under the current money system of country?

    MR. SUPINSKI - Basically, yes.

    CALLER - I smell a rat, do you?

    MR. SUPINSKI - I am sorry, I can't answer that, I work here.

    CALLER - Has the Federal Reserve ever been independently audited?

    MR. SUPINSKI - We are audited.

    CALLER - Why is there a current House Resolution 1486 calling for a complete audit of the Federal Reserve by the GAO and why is the Federal Reserve resisting?

    MR. SUPINSKI - I don't know.

    CALLER - Does the Federal Reserve regulate the value of Federal Reserve Notes and interest rates?

    MR. SUPINSKI - Yes

    CALLER - Explain how the Federal Reserve System can be Constitutional if, only the Congress of the US, which comprises of the Senate and the House of representatives has the power to coin and issue our money supply and regulate the value thereof? [Article 1 Section 1 and Section 8] Nowhere, in the Constitution does it give Congress the power or authority to transfer any powers granted under the Constitution to a private corporation or, does it?

    MR. SUPINSKI - I am not an expert on constitutional law. I can refer you to our legal department.

    CALLER - I can tell you I have read the Constitution. It does not provide that any power granted can be transferred to a private corporation. Doesn't it specifically state, all other powers not granted are reserved to the States and to the citizens? Does that mean to a private corporation?

    MR. SUPINSKI - I don't think so, but we were created by Congress.

    CALLER - Would you agree it is our country and it should be our money as provided by our Constitution?

    MR. SUPINSKI - I understand what you are saying.

    CALLER - Why should we borrow our own money from a private consortium of bankers? Isn't this why we had a revolution, created a separate sovereign nation and a Bill of Rights?

    MR. SUPINSKI - (Declined to answer).

    CALLER - Has the Federal Reserve ever been declared constitutional by the Supreme Court?
    MR. SUPINSKI - I believe there has been court cases on the matter.

    CALLER - Have there been Supreme Court Cases?

    MR. SUPINSKI - I think so, but I am not sure.

    CALLER - Didn't the Supreme Court declare unanimously in A.L.A. Schechter Poultry Corp. vs. US and Carter vs. Carter Coal Co. the corporative-state arrangement an unconstitutional delegation of legislative power? ["The power conferred is the power to regulate. This is legislative delegation in its most obnoxious form; for it is not even delegation to an official or an official body, presumptively disinterested, but to private persons." Carter vs. Carter Coal Co...]

    MR. SUPINSKI - I don't know, I can refer you to our legal department.

    CALLER - Isn't the current money system a house of cards that must fall because, the debt can mathematically never be paid-off?

    MR. SUPINSKI - It appears that way. I can tell you have been looking into this matter and are very knowledgeable. However, we do have a solution.

    CALLER - What is the solution?

    MR. SUPINSKI - The Debit Card.

    CALLER - Do you mean under the EFT Act (Electronic Funds Transfer)? Isn't that very frightening, when one considers the capabilities of computers? It would provide the government and all it's agencies, including the Federal Reserve such information as: You went to the gas station @ 2:30 and bought $10.00 of unleaded gas @ $1.41 per gallon and then you went to the grocery store @ 2:58 and bought bread, lunch meat and milk for $12.32 and then went to the drug store @ 3:30 and bought cold medicine for $5.62. In other words, they would know where we go, when we went, how much we paid, how much the merchant paid and how much profit he made. Under the EFT they will literally know everything about us. Isn't that kind of scary?

    MR. SUPINSKI - Yes, it makes you wonder.

    CALLER - I smell a GIANT RAT that has overthrown my constitution. Aren't we paying tribute in the form of income taxes to a consortium of private bankers?

    MR. SUPINSKI - I can't call it tribute, it is interest.

    CALLER - Haven't all elected officials taken an oath of office to preserve and defend the Constitution from enemies both foreign and domestic? Isn't the Federal Reserve a domestic enemy?

    MR. SUPINSKI - I can't say that.

    CALLER - Our elected officials and members of the Federal Reserve are guilty of aiding and abetting the overthrowing of my Constitution and that is treason. Isn't the punishment of treason death?

    MR. SUPINSKI - I believe so.

    CALLER - Thank you for your time and information and if I may say so, I think you should take the necessary steps to protect you and your family and withdraw your money from the banks before the collapse, I am.

    MR. SUPINSKI - It doesn't look good.

    CALLER - May God have mercy on the souls who are behind this unconstitutional and criminal act called the Federal Reserve. When the ALMIGHTY MASS awakens to this giant hoax, they will not take it with a grain of salt. It has been a pleasure talking to you and I thank you for your time. I hope you will take my advice before it does collapse.

    MR. SUPINSKI - Unfortunately, it does not look good.

    CALLER - Have a good day and thanks for your time.

    MR. SUPINSKI - Thanks for calling.

    If the reader has any doubts to the validity of this conversation, call your nearest Federal Reserve Bank, YOU KNOW THE QUESTIONS TO ASK! You won't find them listed under the Federal Government. They are in the white pages, along with Federal Express, Federal Deposit Insurance Corp. (FDIC), and any other business. Find out for yourself if all this is true.

    And then, go to your local law library and look up the case of Lewis vs. US, case #80-5905, 9th Circuit, June 24, 1982. It reads in part: "Examining the organization and function of the Federal Reserve Banks and applying the relevant factors, we conclude that the federal reserve are NOT federal instrumentality's . . but are independent and privately owned and controlled corporations - federal reserve banks are listed neither as "wholly-owned' government corporations [under 31 USC Section 846] nor as 'mixed ownership' corporations [under 31 USC Section 856] . . . 28 USC Sections 1346(b), 2671. '




    How much gold is there ?

    In the world there are currently somewhere between 120,000 and 140,000 tonnes of gold ‘above ground’. To visualise this imagine a single solid gold cube with edges of about 19 metres (about three metres short of the length of a tennis court). That's all that has ever been produced.

    Divided amongst the population of the world there are about 23 grams per person, about 1.2 cubic centimetres each. This equates to about $250 - $350 worth per person on Earth, depending on the current price.

    What's it worth ?

    The value of that short tennis court sized cube is about $1.8 trillion. This compares to the US government’s sovereign debt of $6.9 trillion, which until 1971 was part-backed by gold. The US Gold Reserve is just over 8,000 tonnes - which is about 6% of the total gold ever mined. It is worth about $100 billion, or 1.5% of the US national debt.

    $1.8 trillion is about one fourteenth of the paper based international bond markets, which themselves, at about $26 trillion, are about two thirds composed of western government sovereign debt almost all of which has appeared, co-incidentally, since 1971 and the declared supremacy of paper money, which was what allowed governments to borrow without caution. The total gold content of the world would pay - at current values - about 7% of the international bond market's sovereign debt.  But of course 75% of the world's gold is not available to governments - being held privately as jewellery, bullion and coin.  In fact only about 30,000 tonnes, about 1% of the world's sovereign debt is what is held in central bank gold reserves.

    Meanwhile the entire gold stock of the world - including the privately held bulk - is much less than one half of one percent of the underwritten risk in the global financial derivatives markets.

    The world has placed absolute trust in paper currency denominated assets. Investors have shunned gold for about twenty years while the notional value of paper based financial assets has exploded.

    Who owns the gold ?

    About 30,000 tonnes of the world’s gold [20-25% of above ground inventory] is held in central bank vaults.

    Major Central Bank Reserves (2000)

    Nations & institutions Reserves (Tonnes)
    USA 8139
    Germany 3469
    IMF 3217
    France 3025
    Switzerland 2590
    Italy 2452

    The totals for other central banks tail off rapidly after these main holders.  Most only hold a few hundred tonnes, and together they make up a bit over 30,000 tonnes in all.

    The rest is held by individuals in the form of gold jewellery [approx 70,000 - 80,000 tonnes], coin and privately held bullion [combined at 20,000 tonnes].

    90% of the gold above ground has been mined since the start of the California gold rush in 1848. Modern power machinery and chemicals have steadily lowered the price at which gold can be extracted. The average production cost of the world's biggest producer - South Africa - is about $238 per troy ounce. 1997 industry estimates by the Federal Reserve Board suggested an average production cost worldwide of $300 per ounce.

    Gold still underground

    Where it is known about with reasonable confidence, and can be extracted economically, un-mined gold appears on the books of mining companies as ‘reserves’. There remains as reserves about 40% of the total of gold above ground - i.e about 50,000 tonnes. South Africa has 50% of the world's known stock of un-mined gold.

    Inelastic supply

    Gold is difficult to find in commercial quantities. It also takes time, typically 5 years, and plenty of money to bring mines into production. In this sense the supply side of the gold equation is relatively constant.

    One of the features of this is that boom times encourage investment which takes a considerable time to work through to production and - eventually - to worked out mines. After a boom, when investment decisions may be made on over-inflated expectations of ultimately achievable prices, there is a tendency to subsequent overproduction and poor prices for a considerable period.

    The gold price boom of 1979/80 resulted in steadily increasing production all over the world from a stable base of 1200 tonnes annually to a peak of above 2600 tonnes in 1999. All major producing countries except South Africa substantially increased production in this period.

    Production then levelled out and started to dip slightly, as mines were exhausted and poorer mines shut.  Also the uninspiring gold market encouraged a decrease in exploration which now means there are a lower number of new mines coming into production than is expected to be required by the market.

    Inflation of the gold supply

    Nonetheless for the time being gold is still being mined and refined at the rate of almost 2,600 tonnes per year. Thus the world supply of above ground gold is increasing - or inflating - at just over 2% annually. At current rates the gold supply is growing the under-sized tennis court cube at about 12 centimetres a year. It will reach a full tennis court sized cube in about 20 years time.

    Physical gold quantities

    The following table compares kilogram quantities of gold with monetary values, spatial volumes, and meaningful human measurements, to get a feel for the numbers.

    KilogramsValue @ 390$ / OzLitresHow much
    0.008$1000.00041A British sovereign coin
    0.031$3900.00161US Eagle / Canadian Maple coin
    1$12,5390.05181 kilo - a golf ball sized sphere
    6$75,2310.311A can of 'Coke'
    12$156,0000.645A standard 400 oz bullion bar
    20$250,7721.04A litre bottle of water
    100$1,253,8585A good sized deposit box
    10,000$125,385,802518Half a cubic metre - fits in a corner of a small bank vault.
    1,000,000$12,538,580,00051,813A small living room - and more than twice Britain's gold reserve.
    8,139,000$102,051,504,000421,710The US gold reserve fits into a town house.  Fort Knox is mostly empty space!
    30,000,000$376,163,190,0001,554,404The world's total financial reserve of gold (central banks + significant global financial institutions)
    100,000,000$1,253,858,024,0005,181,347The approximate total of all privately held jewellery, bullion and coin
    140,000,000$1,755,401,234,0007,253,886All the gold in the world - A block with edges 3 metres short of a standard sized tennis court.
    $7,000,000,000,000The current US sovereign debt (which excludes future pension and health obligations, none of which have been reserved against in the public accounts)



    ... For example, every country in the world suffers from a massive and constantly increasing national debt. Britain has a national debt that is fast approaching £400 billion. Canada's debt has reached $560 billion and Germany's now exceeds 500 billion deutschmarks. So are these poor countries?

    No more so than Japan with a debt equivalent to two trillion dollars or America with a national debt now in excess of five trillion dollars. Since the poorer nations are crippled by their indebtedness to international lending institutions and foreign banks, the overall picture is of a world suffering acute and ever worsening insolvency.

    But this is really quite illogical and absurd... The question almost asks itself. If all the nations of the world are in debt, who are they in debt to? Rationally, where there is a debtor, there should be someone else who is a creditor. If every nation is in debt, who, precisely, owes whom? In addition to the logical absurdity of all nations being simultaneously insolvent, such escalating national debts are a complete contradiction of the real and obvious wealth of these nations.


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