Quantcast
Feeds: Email, RSS & Twitter

Get Our Videos By Email

 

8,300 Unique Visitors In The Past Day

 

Powered by Squarespace

 

Search The Archive Of 15,000 Videos

SEARCH THE DAILY BAIL

 

 

Hank Paulson Is A Criminal - Pass It On

"The Federal Reserve Is A Ponzi Scheme"


Get Our Videos By Email

THE FED UNDER FIRE: Must See Clip

Bernanke's Replacement: Happy Hour In Santa Cruz

Must See: National Debt Road Trip

"Of Course We're Not Going To  Payback the Chinese."

Dave Chappelle On White Collar Crime

Carlin: Wall Street Owns Washington

SLIDESHOW - Genius Signs From Irish IMF Protest

SLIDESHOW - Airport Security Cartoons - TSA

Most Recent Comments
Cartoons & Photos
SEARCH
« SF Fed On Interest Rate Risk, Gold Hits Record, 3-Card Monte Bernanke, Citigroup Profits Fall, Fed Charts, Ron Paul Wins Another GOP Presidential Poll (Links) | Main | Blankfein Reaps $19 Million As Bonuses Return To Goldman »
Wednesday
Apr202011

Join The Lawsuit - Sue The FED

---

 

 

Can we retroactively sue Congress for creating the Fed.  That too is breach of contract, theft, fraud, misrepresentation, accepting bribes for personal gain, conflict of interest, passing important legislation in secret...

---

     Email to a friend...

---

Why Sue the Fed?

Below are listed just some of the actions that we will seek to prove in courts of competent jurisdiction all across the country.

“Top 20” Potential Civil Causes of Action:

  1. Breach of Fiduciary Duty
  2. Breach of Contract
  3. Conducting a Ponzi Scheme
  4. Theft
  5. Tortuous Interference
  6. Unlawful seizure of Account holders funds
  7. Accounting malpractice
  8. Fraud in the Inducement
  9. Banking Fraud
  10. Consumer Protection Fraud
  1. Detrimental Reliance
  2. Gross Negligence
  3. Unjust Enrichment
  4. Failure to Perform
  5. Deceptive Business Practices
  6. Unconscionability
  7. Willful Infliction of Emotional Distress
  8. Against Public Policy
  9. Securities Fraud
  10. Other

 

But we cannot do this alone. We need your help to be successful. You can participate in two ways:

  1. Join the Litigation: You can join the litigation as a Co-Plaintiff and add your voice to millions of others who have been damaged by the Fed’s policies that support and encourage out-of-control government spending that leads to unpayable debt and deficits that endanger our society. If you are: a) over 18 years old; b) and are an American citizen or are legally residing in the US, and c) have ever been involved in a loan transaction with a bank, you are probably eligible to join the lawsuit. It’s FREE and requires that you simply sign up.

---

Our opinion is that the Fed is beyond redemption and must be abolished for the following reasons:

  1. Unconstitutionality: Many legal experts insist that the Federal Reserve Act is unlawful on its face under Article I Section 8 of the US Constitution; and that Congress acted beyond its authority when it chartered the Fed in 1913.
  2. Unfairness: The current system allows banks the ability to loan money they do not have, created in transactions where they put nothing at risk thus assigning all of the risks in the loan to be borne by the borrower. As many authors state – it is like “creating money from nothing.” This practice is unjust and unconscionable. It is simply un-American to get something for nothing.
  3. Lack of Transparency: The Fed fails to disclose its banking practices and the ultimate results of its monetary policies to borrowers prior to making its interest-bearing loans. In the opinion of our counsel their failure to disclose these fundamental aspects of borrowing are unlawful - termed “fraud in the inducement” and if the court agrees, these transactions are actionable (provide a cause to sue).
  4. Money in chainsPublic Endangerment: Numerous experts have shown that any monetary policy which calls for the payment of interest to a private bank based upon the government’s debt (defined as “Usury”) creates an economy that is mathematically unsustainable and which is inherently designed to fail. This fundamental flaw undermines our society, weakens our economy, threatens our national security and damages each and every Person in the nation. The evidence of this truth is everywhere today – where economies all over the world (Argentina, Greece, Iceland, etc) are collapsing and being forced into bankruptcy by the large international banks and their central banks that operate on the same Usury system principles. (We believe that the United States may not be far behind unless something is done immediately to stop it.)
  5. Unregulated Monopoly: The Fed has grown so powerful that it no longer allows any true oversight by Congress. For example, the Fed has never undergone a complete audit and now openly refuses to allow one. The Fed is no longer cooperating with Congress and is steadfastly refusing to answer important questions regarding our money and the material transactions it makes on a regular basis. We believe that no institution should be allowed to operate beyond oversight and above the law.
  6. Against Public Policy: Because the Fed makes enormous profits by putting the government (i.e., every one of us) into a state of perpetual re-borrowing and interminable debt, the Fed’s policies are unconscionable; and act against our best interests and violate the public trust of the American people.
  7. Breach of Fiduciary Duty: The Fed has failed to meet its stated goals in its charter which are to: to provide the nation with a safer, more flexible, and more stable monetary and financial system.” In fact, since 1913 the Fed’s policies have actually caused the exact opposite to occur:
    1. The dollar has lost 95% of its value,
    2. Our economy has experienced numerous recessions and a major depression,
    3. Our economy is now on the verge of total financial collapse,
    4. The federal government has accumulated massive debts which it is entirely unable to repay without continued re-borrowing (we are essentially bankrupt), and
    5. Americans are losing their personal property at unprecedented rates (record bankruptcies and foreclosures) and seeing a relentless erosion of their individual freedoms and liberty every day.

Continue reading...

---

Now watch this...it gets going around the 3-minute mark...

To get more details on the above video, and to learn what you can do to stop the Fed, please see the following link...

---

 ---

 

     Email to a friend...

---

 

 

Check out the Bilderberg 2010 Conference slideshow...


Bilderberg Conference 2010 - Ultimate Viewers Guide

 

Everything you ever wanted to know about the Bilderberg group and related conspiracy theories.  History, videos, links, snide remarks, photos, lists, it's all there.

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments (26)

My quick thought on this is so what if it's private or quasi-private? Would things be better if the central bank was public? No way. If in the miniscule outside chance the Fed was miraculously terminated, it would just be reinstated as a public institution, control might shift to slightly different people who happen to have the same agenda, and then there's nothing left to complain about, and back to the same old business.

Yawn.
Jan 21, 2011 at 1:51 PM | Unregistered Commenterrobin hood
What court do they plan to sue in? Do they have a draft complaint? What are the grounds for a cause of action in "tortuous [sic: tortious] interference"? What law firm(s) are they using? Is it a class action? Etc.
Jan 21, 2011 at 2:03 PM | Unregistered CommenterCheyenne
cheyenne...i can send you the author's email but i think he'll show up here to answer questions...
Jan 21, 2011 at 2:08 PM | Registered CommenterDailyBail
Who Got Loan Modifications and Who Didn't -- Gov't Stalls on Data

http://newamericamedia.org/2011/01/why-is-the-treasury-not-releasing-data-on-whos-getting-loans.php

[snip]

National Consumer Law Center attorney Geoffry Walsh, whose organization filed a FOIA at the end of 2009, says the Treasury still hasn’t provided the information. Walsh says his group requested data detailing why borrowers were denied loan modifications.
Jan 21, 2011 at 2:21 PM | Unregistered Commenterjohn
sue them??? i would destroy them..who the hell is them?
Jan 21, 2011 at 2:56 PM | Unregistered Commentermike hunt
I want to address each of your comments thus far:

1. Robin Hood: What we are seeking is a return to the Constitutionally mandated form of the issuing power of credit and currency. This was supposed to be the exclusive domain of the Congress (Article Sec 8). This was we can issue money without interest, estimated to reach nearly $1Trillion annually by 2020. That's a huge savings. Also, it would prevent the consolidation of power that we see now and would at least in theory provide some oversight and accountability to the money system, which is entirely lacking now. There are many other reasons that we need to abolish the Fed, but these alone are enough to take action.

2. Cheyenne: Each state has different rules for class action venues. Some are state courts, other are Federal District courts. In any case we are allowed jury trials. That is important to our strategy. We are going to use a modified version of the civil class action model applied against Big Tobacco in the 1990's. We have identified 26 causes of action, and have just retained Roten and Associates to provide litigation integration support. The war will start soon!

3. John: The Fed is not protected by FOIA since it is a private company. The Fed lost 2 federal district court cases in 2101 when they tried to assert this privilege. Both Bloomberg and Fox News beat them and opened the door very wide for us to demand reasonable discovery and obtain it.
3.
Jan 21, 2011 at 3:05 PM | Unregistered CommenterRichard Davis
"My quick thought on this is so what if it's private or quasi-private? Would things be better if the central bank was public? No way."

It matters because every dollar we borrow to spend has to be paid back with interest. But paid back to who? The private bankers. That's the difference, and that's why it matters. If it was public, if it was a government agency, there would be no interest, but even if there was (for argument sake) we would pay interest to ourselves, and that interest would benefit ourselves, rather than benefit the families of these bankers.

With our own money, printed by us, spent into existence, we'd run the risk of inflation. Under the Fed system, we not only run the risk of inflation, we have to pay back the borrowed money (money that didn't exist until we borrowed it) with interest.

With no Fed, there would be no need for the IRS or income taxes, as income taxes only go to pay the interest on the federal debt. Again, paid to the private bankers.
Jan 21, 2011 at 3:47 PM | Unregistered CommenterMike
I read the ad correctly the first time. Perhaps I didn't ask pointed enough questions. Allow me again:

What court do they plan to sue in? Do they have a draft complaint? What are the grounds for a cause of action in "tortuous [sic: tortious] interference"? What law firm(s) are they using?
Jan 21, 2011 at 6:03 PM | Unregistered CommenterCheyenne
"With no Fed, there would be no need for the IRS or income taxes, as income taxes only go to pay the interest on the federal debt. Again, paid to the private bankers."

Read this for amusement purposes.

http://hiwaay.net/~becraft/RUMLTAXES.html
Jan 21, 2011 at 7:14 PM | Unregistered CommenterS. Gompers
Great idea, but will the court allow the case? Do you have standing to show that damage was done to you or the plaintiffs? That would seem to be difficult part to present to the court. I'm assuming this is a civil case.
Jan 21, 2011 at 11:04 PM | Unregistered Commenterdogismyth
Blogosphere may well have surpassed cross-examination as the pre-eminent generator of truths.
Jan 22, 2011 at 8:15 PM | Unregistered CommenterCheyenne
DB,
I think this is a great start. I do believe, I have documented proof that the Federal Reserve has intentionally price fixed the 10 year treasury in an attempt to manipulate housing prices. This has caused anyone with a savings account or CD's to lose money. In my case, I've lost at least $20,000 per year since they illegally manipulated the treasury market. Also, In 2005 Greenspan increased interest rates manipulating the price of a house I was trying to sell. Of course, they reversed course months later. These criminals are doing what the banks tell them to do at the expense of the middle class who actually work.

I would absolutely join any lawsuit against the banks and the federal reserve. And I stronly support criminal prosecution, as well as, punitive damages against anyone who has worked at these illegal crime syndicates. That is why we have conspiracy charges and rico charges.
Jan 22, 2011 at 9:55 PM | Unregistered CommenterBenny and the Talibanks
I signed the petition. It is funny to me that they want to recover over 100 trillion dollars. That would be impossible outcome! But then I read further that really true objective is to force the fed out and I agree with that strategy 100%. I think we need to do something. We the people!!! Nobody is speaking for us.
Jan 23, 2011 at 1:28 AM | Unregistered Commenterdee dee
I didn't see racketeering in the list of complaints.
Apr 17, 2011 at 5:35 PM | Unregistered Commenterfurbaby
If we do this it should be very soon. The Fed, I believe, is already on its way out. People like Ron Paul would not be able to openly criticize the Fed if this were not true.

The Fed will be replaced with an Agency with international scope that continues its legacy. IMF??

What we need to do is go back to Congress issuing the "coin", and decentralization of Banking and Government. We need stronger community level government and finance.
Apr 17, 2011 at 6:28 PM | Unregistered CommenterRoger
@ DB, wait till Ron Paul heares about this. Richard Davis ......has got to be sent by God..................? Arron Russo, would be sooooo proud of this day. He died trying to get this going............? Tex !
Apr 17, 2011 at 10:01 PM | Unregistered CommenterTexas Dar
Narrated by Hiwa Alaghebandian of the American Enterprise Institute, the mini-documentary explains how needless complexity creates an added burden – sort of like a hidden tax that we pay for the supposed privilege of paying taxes.
http://biggovernment.com/dmitchell/2011/04/17/the-irs-even-worse-than-you-think/

Two things from the video are worth highlighting.

First, we should make sure to put most of the blame on Congress. As Ms. Alaghebandian notes, the IRS is in the unenviable position of trying to enforce Byzantine tax laws. Yes, there are examples of grotesque IRS abuse, but even the most angelic group of bureaucrats would have a hard time overseeing 70,000-plus pages of laws and regulations (by contrast, the Hong Kong flat tax, which has been in place for more than 60 years, requires less than 200 pages).

Second, we should remember that compliance costs are just the tip of the iceberg. The video also briefly mentions three other costs.


1. The money we send to Washington, which is a direct cost to our pocketbooks and also an indirect cost since the money often is used to finance counterproductive programs that further damage the economy.

2. The budgetary burden of the IRS, which is a staggering $12.5 billion. This is the money we spend to employ an army of tax bureaucrats that is larger than the CIA and FBI combined.

3. The economic burden of the tax system, which measures the lost economic output from a tax system that penalizes productive behavior.

The way to fix this mess, needless to say, is to junk the entire tax code and start all over.

I guess the cats out of the bag now.....?
Apr 18, 2011 at 6:20 PM | Unregistered CommenterTexas Dar
thanks for the link texas d...
Apr 18, 2011 at 6:55 PM | Registered CommenterDailyBail
If you need more information on how the so-called "Federal Reserve System" operates (how it drives prices up, creates booms and busts, transfers power from the productive class to the parasitic class, etc.) there is a short / free book available online. (Google "Meet The System")
Apr 18, 2011 at 11:12 PM | Unregistered CommenterJoe Plummer
It is my understanding, that the FED does not pay tax on the interest earned on the money loaned to the government.

Is that true? taxes and penalties since 1913 would go a long way toward the national debt.
Apr 19, 2011 at 8:49 PM | Unregistered CommenterJ P Egan
Bernanke May Reinvest Maturing Debt to Avoid ‘Cold Turkey’ End to Stimulus

http://www.bloomberg.com/news/2011-04-19/bernanke-may-reinvest-maturing-debt-to-avoid-cold-turkey-end-to-stimulus.html
Apr 20, 2011 at 2:02 PM | Registered CommenterDailyBail
Apr 20, 2011 at 2:05 PM | Registered CommenterDailyBail
I'm all for a class action lawsuit against the Fed, but online petitions are legally void. Having conducted petition drives before that have to be presented to a judge (or the board of electors so all the signatures can be verified), you have to sign your name in pen-and-ink, print your name for clarity and include a current address, so it can be checked against voter rolls. I don't know why, after all these years, people even bother with virtual petition drives, except to get email addresses.
Jun 15, 2011 at 4:08 PM | Unregistered CommenterQuestro
I am in total agreement with your outline for the merits of a class action lawsuit against the Federal Reserve Bank.
However, I respectfully submit that your civil litigation needs to be augmented with criminal charges as provided by the R.I.C.O. ACT.
Please refer to my outline at www,zerohedge.com/print/365866
or follow the below link.

http://www.zerohedge.com/print/365866
Oct 19, 2011 at 4:28 AM | Unregistered CommenterPAUL LEO FASO
I am asking the New York Attorney General and the DOJ to sue the Fed on a class action basis. Some of us not only are losing to the ill effects of inflation and having our bank interest taken away but in huge losses in rightfully short selling an overpriced market that keeps getting unlawfully manipulated up.
Jun 30, 2014 at 1:53 PM | Unregistered CommenterThomas Blankenhotn
The Federal Reserve has heavily discriminated against Senior Citizens who have saved their entire lives for retirement but cannot get a fair interest rate on their savings due to the flood of $4.5 Trillion printed dollars into the market. Senior Citizens have been robbed of $ Billions to prop up a stock market that is now overvalued by at least 60 percent and primed to pop any day.

This is taxation without representation to a whole new level!!!
Jul 15, 2017 at 10:18 AM | Unregistered CommenterDavid Hughes

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
All HTML will be escaped. Hyperlinks will be created for URLs automatically.