"The main problem, as Paul Warburg informed his colleagues, was to avoid the name "Central Bank". For that reason, he had decided upon the designation of "Federal Reserve System". This would deceive the people into thinking it was not a central bank. However, the Jekyll Island plan would be a central bank plan, fulfilling the main functions of a central bank; it would be owned by private individuals who would profit from ownership of shares. As a bank of issue, it would control the nation?s money and credit."
we have been fooled into believing, our FEDERAL RESERVE is ours when its nothing more thyan a LOAN FROM RICH FAMILIES
way to go America, folks like Thomas Jefferson was against it.
"Paul Warburg advanced at Jekyll Island the primary deception which would prevent the citizens from recognizing that his plan set up a central bank. This was the regional reserve system. He proposed a system of four (later twelve) branch reserve banks located in different sections of the country. Few people outside the banking world would realize that the existing concentration of the nation?s money and credit structure in New York made the proposal of a regional reserve system a delusion."
