Who Are the "Primary Dealers of the Fed?"

When the European Bankers created the Federal Reserve in 1913, they did not want to leave even crumbs on the table. They wanted it all.

They Create money by having the US Treasury issue interest bearing (this interest is what constitutes the National Debt!) Treasury notes and bills which the Fed then "buys" with money they created out of thin air, which though patently counterfeit, is blessed by the US Congress as Legal Tender, meaning that it can be used to pay US income taxes. This borrowed money is what the US government runs on. It is unconstitutional as the Constitution says that only the US government can "coin money."

What most people do not know is that the Fed then anointed the very financial institutions the Bankers owned and controlled to be the "primary dealers" through which they buy and sell the Treasuries! This unnecessary expense and great profit to them is lumped into the amounts we have to pay.

Although some of the institutions have changed over the years, there are still Primary dealers who, on behalf of their Owners, collect brokerage commissions on every dollar put into circulation by the Fed/Treasury, adding insult to injury!

Not only do we, the people have to pay interest on every single dollar in circulation, (look at every bill in your wallet, what does it say above The United States of America?) we have to pay a brokerage fee when the money is loaned to us!

The income tax we pay is actually the interest income to the Federal Reserve on their loans!

Here is a current (March 2007) list of the Primary Dealers:

BNP Paribas Securities Corp.
Banc of America Securities LLC
Barclays Capital Inc.
Bear, Stearns & Co., Inc.
Cantor Fitzgerald Co.
Citigroup Global Markets Inc.
Countrywide Securities Corporation
Credit Suisse Securities (USA) LLC
Daiwa Securities America Inc.
Deutsche Bank Securities Inc.
Dresdner Kleinwort Wasserstein Securities LLC.
Goldman, Sachs Co.
Greenwich Capital Markets, Inc.
HSBC Securities (USA) Inc.
J. P. Morgan Securities Inc.
Lehman Brothers Inc.
Merrill Lynch Government Securities Inc.
Mizuho Securities USA Inc.
Morgan Stanley Co. Incorporated
Nomura Securities International, Inc.
UBS Securities LLC.

Incidentally, most of these institutions are stock holders in the Federal Reserve Bank. They are the real owners of the Fed!

You will notice the names of foreign firms on the list. The European Bankers, especially the Rothchilds, the real richest family in the world; own or control All of the Central Banks in the Western Hemisphere and probably of the World!

Of course Lehman is no longer there and perhaps also Bear Sterns but you can bet they will anoint another deserving firm.

The Financial System of this country is rotten to the core and will continue to enslave us, by controlling our money supply and cost, until we wake up and do something about it.

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