occupy the fed movement launched!, page-5

President Kennedy tried to get rid of the Federal Reserve Bank's hold over the American people and started issuing US Government paper money. After his assassination in November 1963 no other American President has printed US Government paper money.

Putting it simply, the Federal Reserve holds the American people as hostage - forever in debt to the Federal Reserve Bank.

The American people use Federal Reserve Bank issued paper money, not USA Government issued paper money.

Suppose the American Government wants to put in circulation one million dollars of paper notes, what happens?

The US Treasury gives the Federal Reserve one million dollars of US bonds which means the US Government pays interest on these to the Federal Reserve, plus of course owes the Federal Reserve the principal. In return the Federal Reserve creates out of thin air one million dollars worth of Federal Reserve paper money.

The American people have to pay interest to the Federal Reserve for the privilege of using their own paper money!!