The Federal Reserve Bank is owned not by the people, it's owned by the TBTF Banks. The Federal Reserve Act was passed in 1913 in after being drawn up by wealthy Oligarchs meeting in secret of Jekyll Island and voted on just before the Christmas break.
Just before Thanksgiving in 1910, U.S. senator Nelson Aldrich of Rhode Island invited six members of America's banking elite to a covert retreat on Jekyll Island.
The Jekyll Island Club was a private club on Jekyll Island, on Georgia's Atlantic coast. It was founded in 1886 when members of an incorporated hunting and recreational club purchased the island for $125,000 (about $3.1 million in 2017) from John Eugene du Bignon. The original design of the Jekyll Island Clubhouse, with its signature turret, was completed in January 1888. The club thrived through the early 20th century; its members came from many of the world's wealthiest families, most notably the Morgans, Rockefellers, and Vanderbilts. The club closed at the end of the 1942 season due to complications from World War II.
Role in the history of the Federal Reserve
Jekyll Island was the location of a meeting in November 1910 in which draft legislation was written to create a central banking system for the United States. Following the Panic of 1907, banking reform became a major issue in the United States. Senator Nelson Aldrich (R-RI), chairman of the National Monetary Commission, went to Europe for almost two years to study that continent's banking systems. Upon his return, he brought together many of the country's leading financiers to Jekyll Island to discuss monetary policy and the banking system, drafting legislation which was introduced in Congress as the "Aldrich Plan". Some ideas from the Aldrich Plan were later incorporated into the Federal Reserve Act.
On the evening of November 22, 1910, Sen. Aldrich and A.P. Andrews (Assistant Secretary of the United States Treasury Department), Paul Warburg (a naturalized German representing Kuhn, Loeb & Co.), Frank A. Vanderlip (president of the National City Bank of New York), Henry P. Davison (senior partner of J. P. Morgan Company), Charles D. Norton (president of the Morgan-dominated First National Bank of New York), and Benjamin Strong (representing J. P. Morgan), together representing about one quarter of the world's wealth at the time, left Hoboken, New Jersey on a train in complete secrecy, dropping their last names in favor of first names, or code names, so no one would discover who they all were. The excuse for such powerful representatives and wealth was to go on a duck hunting trip on Jekyll Island.
Forbes magazine founder Bertie Charles Forbes wrote several years later:
Picture a party of the nation's greatest bankers stealing out of New York on a private railroad car under cover of darkness, stealthily riding hundreds of miles South, embarking on a mysterious launch, sneaking onto an island deserted by all but a few servants, living there a full week under such rigid secrecy that the names of not one of them was once mentioned, lest the servants learn the identity and disclose to the world this strangest, most secret expedition in the history of American finance. I am not romancing; I am giving to the world, for the first time, the real story of how the famous Aldrich currency report, the foundation of our new currency system, was written ... The utmost secrecy was enjoined upon all. The public must not glean a hint of what was to be done. Senator Aldrich notified each one to go quietly into a private car of which the railroad had received orders to draw up on an unfrequented platform. Off the party set. New York's ubiquitous reporters had been foiled ... Nelson (Aldrich) had confided to Henry, Frank, Paul and Piatt that he was to keep them locked up at Jekyll Island, out of the rest of the world, until they had evolved and compiled a scientific currency system for the United States, the real birth of the present Federal Reserve System, the plan done on Jekyll Island in the conference with Paul, Frank and Henry ... Warburg is the link that binds the Aldrich system and the present system together. He more than any one man has made the system possible as a working reality.[7]
| Member | Biography | Years |
| John J. Albright | 1890–1931 | |
| Nelson W. Aldrich | American politician, daughter Abby married John D. Rockefeller Jr. | 1912–1915 |
| Lloyd Aspinwall | Owner of Howland & Aspinwall | 1886–1886 |
| Lloyd Aspinwall Jr. | Heir to Lloyd Aspinwall | 1886–1892 |
| George Fisher Baker | Founder of First National Bank of the City of New York predecessor to Citibank | 1901–1931 |
| Francis Bartlett | 1886–1911 | |
| Frances Bartow | 1931–1945 | |
| Anson Beard | 1927–1929 | |
| John Eugene du Bignon | 1886–1896 | |
| Cornelius Newton Bliss | 1886–1911 | |
| Cornelius Newton Bliss Jr. | 1912–1921 | |
| Matthew Chaloner Durfee Borden | The "Calico King", owner of the American Printing Company | 1892–1912 |
| Frederick Gilbert Bourne | President of the Singer Manufacturing Company between 1889 and 1905. | 1901–1919 |
| Marion Bourne | 1919–1937 | |
| Marjorie Bourne | 1920–1929 | |
| Robert Elbert Bourne | 1926–1929 | |
| Robert Brewster | Son of Benjamin Brewster (financier) an early Standard Oil Trustee | 1912–1939 |
| Charles S. Brown | 1924–1935 | |
| McEvers Bayard Brown | 1886–1926 | |
| John Claflin | 1886–1912, 1921–1938 | |
| Charles Richard Crane | Eldest son of plumbing parts mogul, Chicago manufacturer, Richard T. Crane | 1916–1924 |
| Florence Higinbotham Crane | 1919–1940 | |
| Richard T. Crane | Founder of R.T. Crane & Bro., a Chicago-based manufacturer of valves and pipes that would later become an aerospace and plumbing manufacturer. | 1911–1931 |
| Robert Fulton Cutting | 1923–1934 | |
| William Bayard Cutting | 1886–1912 | |
| Charles M. Daniels | 1924–1932 | |
| Charles Deering | 1887–1902 | |
| John Eugene du Bignon | 1886–1896 | |
| Duncan Steuart Ellsworth | 1895–1908 | |
| James Ellsworth | 1915–1924 | |
| Nathaniel Kellogg Fairbank | 1886–1903 | |
| Walton Ferguson | 1887–1922 | |
| Walton Ferguson Jr. | 1902–1906 | |
| Marshall Field | Founder of Marshall Field's department stores. | 1886–1906 |
| Newton Sobieski Finney | 1886–1897 | |
| Michael Gavin | 1924–1933 | |
| Ogden Goelet | New York real estate developer and director of The Chemical Bank. He had residences in 608 Fifth Ave., New York and a seasonal residence Ochre Point in Newport, Rhode Island | 1886–1897 |
| Robert Goelet | New York real estate developer and director of The Chemical Bank. He had residences at 591 Fifth Avenue, New York and seasonal residences at Tuxedo Park, New York and Ochre Point in Newport, Rhode Island | 1886–1899 |
| Frank H. Goodyear | Chairman of the board of the Buffalo and Susquehanna Railroad Co., Buffalo, New York and lumber business magnate. | 1902–1907 |
| Josephine Goodyear | 1909–1915 | |
| Frank H. Goodyear Jr. | 1916–1930 | |
| Edwin Gould | Son of railroad financier Jay Gould | 1899–1933 |
| George Jay Gould I | Son of railroad financier Jay Gould | 1895–1916 |
| Edward S. Harkness | Philanthropist and one of four sons of Stephen V. Harkness, a harness-maker who invested in the forerunner of Standard Oil, John D. Rockefeller's oil company | 1911–1923 |
| Edmund B. Hayes | 1886–1921 | |
| James J. Hill | 1888–1916 | |
| Mary Hill | 1916–1921 | |
| Bayard C. Hoppin | 1925–1931 | |
| Gerard B. Hoppin | 1923–1938 | |
| Alanson Houghton | 1919–1941 | |
| Henry Howland | 1886–1901 | |
| Dr. Walter James | 1917–1927 | |
| Walter Jennings | 1926–1933 | |
| Morris Ketchum Jesup | 1888–1908 | |
| John Stewart Kennedy | 1898–1909 | |
| Thomas W. Lamont | ||
| Charles Lanier | 1886–1911 | |
| Cornelius "Connie" Lee | 1919–1947 | |
| Pierre Lorillard IV | Heir of the Lorillard Tobacco Company | 1886–1886, 1888–1891 |
| John Magee | 1893–1908 | |
| George Macy | Founder of The Heritage Press | 1902–1918 |
| Valentine Everit Macy | 1909–1927 | |
| Charles Stewart Maurice | 1886–1924 | |
| Margaret Maurice | 1924–1947 | |
| Cyrus Hall McCormick Jr. | 1891–1936 | |
| Gordon McKay | 1891–1903 | |
| J. P. Morgan | Financier, created United States Steel Corporation by buying Carnegie Steel and formed General Electric | 1886–1913 |
| J. P. Morgan Jr. | Philanthropist | 1913–1943 |
| William Fellowes Morgan | 1925–1934 | |
| Richard Ogden | 1886–1892 | |
| Rev. Charles H. Parkhurst | 1894–1909 | |
| Henry Kirke Porter | 1891–1921 | |
| Bernie Prentice | 1928–1947 | |
| Joseph Pulitzer | Today, best known for the Pulitzer Prizes. Pulitzer was a journalist. | 1886–1911 |
| William Rockefeller | American financier, was a co-founder of Standard Oil with his older brother John D. Rockefeller. | 1905–1922 |
| Grant B. Schley | 1903–1917 | |
| Dr. Frederick Shattuck | 1912–1929 | |
| George Frederick Shrady Sr. | 1904–1907 | |
| Hester Shrady | 1908–1916 | |
| Frederick Snow | 1915–1918, 1925–1929 | |
| Samuel Spencer | President of the Southern Railway | 1898–1906 |
| George Baker St. George | 1925–1933 | |
| William Strassburger | 1919–1924 | |
| Alexander Thayer | 1929–1937 | |
| Theodore Newton Vail | President of American Telephone and Telegraph | 1912–1920 |
| Cornelius Vanderbilt II | The first son of William Henry Vanderbilt, an American industrialist and philanthropist who built his wealth in shipping and railroads, and grandson of "The Commodore" Cornelius Vanderbilt. | |
| William Kissam Vanderbilt | The second son of William Henry Vanderbilt, from whom he inherited $55 million, and grandson of "The Commodore" Cornelius Vanderbilt, | 1886–1902 |
| William Warren Vaughn | 1919–1931 | |
| George Whitney | 1928–1941 |
If you want to put a date to the beginning of FSoA Fascism, it's December 23, 1913, the date Woodrow Wilson signed into Law the Federal Reserve Act. Wilson would later express his regret.
https://watcher.guru/news/us-congressman-introduces-bill-to-abolish-the-federal-reserve
US Congressman Introduces Bill To Abolish The Federal Reserve
RE