H.R.833 - Federal Reserve Board Abolition Act
To abolish the Board of Governors of the Federal Reserve System and the Federal reserve banks, to repeal the Federal Reserve Act, and for other purposes. view all titles (3)
All Bill Titles
- Official: To abolish the Board of Governors of the Federal Reserve System and the Federal reserve banks, to repeal the Federal Reserve Act, and for other purposes. as introduced.
- Popular: Federal Reserve Board Abolition Act as introduced.
- Short: Federal Reserve Board Abolition Act as introduced.

U.S. Congress - H.R.833 Federal Reserve Board Abolition Act




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Talk is cheap, get your asses up from your chair and let’s start a revolution dammit!
This should of been done 80 years ago. About time someone in CONGRESS recognizes the destructive policies and who really runs the Federal Reserve… the Greed and Power Tyrants of the banking industry.
The problem is the corrupt socialists and chromed communists in Congress that are bought and paid for by the Banksters.
Time to end the PONZI scheme and theft of Americans.
To DavidPhila:
If it’s “independant within the government” then why did the courts say they are NOT part of the government and DO NOT HAVE TO TELL US WHAT THEY DID WITH THE MONEY THEY STOLE FROM US? HMMM? Why did Bernanke say they don’t have to tell us where the money is??? The Fed has stockholders and they are a “For Profit” corporation. Wake up. Actually I don’t think you need to wake up…I think you’re paid for putting out rubbish on the blogs and trying stop the mass awakening that is occurring in regard to this criminal cartel. I don’t think anybody is as stupid as you pretend to be.
It’s not about Republican or Democrat anymore.
Both parties have failed.
I grew up a republican until I woke up and realized that I embraced some of the same values, but not all of any single party.
I believe in the constitution as it was written without further amendments, small Federal government with minimal power over the people, and freedom.
Even better would be to abolish a federal bank by amendment.
Andrew Jackson was able to bring down the banks in his day. It’s on his tombstone, “I killed the Bank”. He also survived the first assassination attempt. At a funeral, a man pulled out two guns that both misfired.(1 in a 125000 chance) they tried to get him but missed.
Its interesting to me that the very people we are bailing out, basically own the federal reserve!!! The other day i was talking to an co worker and i was telling him how america owes most of its debt to the fed who is owned privately, and he would not belive me. Its sad that we issue value to paper when true value is found in food and water, and physical protection of those things. I know who im supporting, because the more i listen to this guy, the more his values are in line with mine.
Zeitgeist Addendum is another socialist manifesto – please do not encourage people to watch this bad film. Just to give others an idea about the movie: money is bad, get rid of it, pay with something else like “productivity”… or some nonsense like that.
Baloney.
People should learn about economics, the laws of supply and demand, the Federal Reserve and fractional reserve banking and why fractional banking is a fraud and how the process of fractional reserve banking creates money out of thin air. Zeitgeist Addendum will only confuse you and is absolutely wrong.
Return the power to the people. We wouldn’t have had a bubble if the market had governed interest rates!
Comments like that don’t do anyone any good, least of all you.
I AM IN OTTAL SUPPORT OF THIS BILL AS WELL! RON PAUL SHOULD BE OUR PRESIDENT!!!!!!!!!!!!!!!
Watch Money Masters instead of Zeitgeist: Addendum. Zeitgeist: Addendum proposes some sort of cashless hocus pocus system based on hugs and flowers, and that will never work. Then get a copy of Creature From Jeckyll Island. Then get really pissed and start doing something about it. Educate your family and friends. Prepare yourself for a potential food shortage. But most of all, apply pressure on your congresspeople to pass this bill!
So you would support the opposite of what Thomas Jefferson had warned us about so many years ago when he said:
‘The central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution. I am an Enemy to all banks discounting bills or notes for anything but Coin. If the American People allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the People of all their Property until their Children will wake up homeless on the continent their Fathers conquered.’
Have you even read the Federal Reserve Act? http://www.federalreserve.gov/aboutthefed/section4.htm.
Why would repealing the Federal Reserve Act, eliminating fractional lending, restoring congress’ power to coin money and regulate the value thereof be something that would cater only to the conspiracy-obsessed?
DavidPhila,
The FDIC would help stop bank panics on their own by guaranteeing people’s money. “Control inflation?”….the last time I checked all the Fed has been able to do is produce positive inflation since 1933….sure it’s only a few percentage points a year for the most part but it’s been climbing for most of the 20th century. Before 1913 inflation was not assumed to be inevitable….check it out here. $100 acutally increased in value between 1813 to 1913….that’s unheard of nowadays.
http://www.westegg.com/inflation/
Here’s why now.
The Federal Reserve System once published a paperback textbook entitled “The Federal Reserve System, Proposes and Functions” (which can be found here http://www.federalreserve.gov/pf/pf.htm), was used as a college text book.
This booklet explains the functions of the Federal Reserve: “Ann efficient monetary mechanism is indispensible to…the nation…The function of the Federal Reserve is to foster a flow of money and credit that will facilitate orderly economic growth, a stable dollar, and long-run balance in our international payments.”
As Ralph Epperson stated: "It is a fair question to ask the Federal Reserve System, if the Americans haven’t had an “orderly economic growth, a stable dollar and a long-run balance in our international payments” which has been America’s history since the creation of the System, WHY IS IT ALLOWED TO CONTINUE?"
This is a FACT! They are plunging us into HUGE debt, debasing our currency and not even telling us where the money is going.
If everyone is up in arms about the politicians passing the bailout, THEY SHOULD BE BLOOD RED over the fact that these International Bankers that control our system of currency, are taking it and not even telling us what they are doing with it…..RRRRRRRRR!
Watch the Obama Deception. It explains everything about the Federal Reserve and all the people connected to its corruption. We not only need this corporation out of this country, we need to confiscate back all the money they STOLE. That should fix the deficit and then some. CROOKS!
No, you just need to read up on Fractional Reserve Banking to understand. For anyone that wants to see Zeitgeist, be prepared to have a lot of what you believe in attacked. This is above and beyond the correct information that it presents on banking and money creation under our current system. The rest of Zeitgeist is up to you as far as your beliefs. Just be prepared for it. It has a social agenda all its own.
END THE FED! END THE FED! America is now owned by an offshore international banking cartel! Soon we will pay our taxes directly to them! They are planning the same take-down as occurred in the Depression because, frankly, they LIKED the results! Get ready for food shortages, homeless tent cities, and coming martial law.
David
You are sadly misinformed. It public knowledge and well documented and evidenced by anyone who really cares about their personal responsibilty to be aware, that The Federal reserve is not Federal, it is Not a bank and There are NO reserves. Read, study and know that it is private institution owned by a small group of bankers who make we the people, responsible for their greed and responsible to pay back and stand behind their private loans to people who can not afford to repay them and we the people have given these private individuals the power to create paper money in limitless quanities (this is called inflation). Look it up.
Blessings!
Andy
The Fed is NOT part of the US government. It is not even contracted. We the people have no more athority over it than you do over your car dealer except to not buy from him anymore when he cheats you. Yes, the bill returns athority to the US Treasury!
HR833
Shoot… when Martial Law comes come find me, give me a Gun and Ammo, and I’ll make myself one of those stove Chest protects like Marty McFly did in Back to the Future did. And I’ll find lead a Squad of men against the New World Order
You lost me, Kenny. What does Ron Paul have to to with zeitgeist, and why would you never want to support him? Perhaps they were two different comments (I agree about zeitgeist, btw, but don’t see why it’s in the same breath as supporting Ron Paul).
Ron Paul is a pure Constitutionalist and he wants to return us to the basics of the Constititution as it was written by our founders. I don’t agree 100% with every stance he takes but why would you not want to support someone who seeks to restore the power, and respect, of the Constitution?
The whole point of this freedom experiment was to leave the power with the people, to allow them free enterprise to foster ingenuity, compassion, charity, and prosperity. It’s clear that the more we abandon the Constitution, the more we lose hope in those tenants of life lived freely.
06-04-63 a virtually unknown Presidential decree E.O. 11110 was signed with the authority to basically strip the F. R. Bank of its power to loan money to the United States Federal Government at interest With the stroke of a pen President Kennedy declared that the privately owned F.R. Bank would soon be out of business We can now safely conclude that this E.O. has never been repealed amended or superceded by any subsequent E.O. In simple terms it is still valid When Kennedy was assassinated It appears obvious that President Kennedy knew the Federal Reserve Notes being used as the purported legal currency were contrary to the Constitution of the United States of America In a comment made to a Columbia University class on 11-12-63 Ten days before his assassination President Kennedy allegedly said The high office of the President has been used to foment a plot to destroy the Americans freedom and before I leave office I must inform the citizen of this plight
Congressman Patman did score a “small victory,” however. The Congress passed his bill but attached an amendment that will limit the audit to administrative expenditures only, presumably the expense accounts of the executives of the System, the numbers of pencils purchased per employee, etc., hardly what Patman had in mind.
Later Congressman Patman, Chairman of the House Banking Committee, was removed from his Chairmanship after the elections of 1974, because, as one Congressman voting to remove him told one of his constituents, Patman was “too old.”
Or maybe “too smart!”
-Ralph Epperson
Do you have any idea how long Ron Paul has been trying to get this done? Ask your reps why it hasn’t gone through.
This should have been passed a LONG time ago!
http://video.google.com/videoplay?docid=-515319560256183936
The movie is free and it gives insight into the Federal Reserve Bank, how it started, etc.
The Money Masters – How International Bankers Gained Control of America
“THE MONEY MASTERS is a 3 1/2 hour non-fiction, historical documentary that traces the origins of the political power structure that rules our nation and the world today. The modern political power structure has its roots in the hidden manipulation and accumulation of gold and other forms of money. The development of fractional reserve banking practices in the 17th century brought to a cunning sophistication the secret techniques initially used by goldsmiths fraudulently to accumulate wealth. With the formation of the privately-owned Bank of England in 1694, the yoke of economic slavery to a privately-owned “central” bank was first forced upon the backs of an entire nation, not removed but only made heavier with the passing of the three centuries to our day. Nation after nation, including America, has fallen prey to this cabal of international central bankers."
Pick up some books and read!!!! Start with The Creature from Jekyll Island, WEb of Debt, Meltdown…. and others that explain what is going on with the FED. Just about EVERYTHING you wrote is incorrect!
There are the secret people; the masons, the oddfellows, the Federal Reserve, cockroaches….they all run when the light comes on. Evil begets evil. Evil thrives on darkness.
Do you seriously believe that a private bank such as the FED would voluntarily hand themselves over to governmental regulation and control? You need to wake up friend. Do a little research on the history of the FED. You will scare the crap out of yourself.