Top Louis Thomas McFadden Quotes - Quotesmemo.com

Louis Thomas McFadden Biography

Louis Thomas McFadden

Louis Thomas McFadden (July 25, 1876 – October 1, 1936) was a Republican member of the United States House of Representatives from Pennsylvania, serving from 1915 to 1935. A banker by trade, he was an opponent of the Federal Reserve System and was the chief sponsor of the 1927 McFadden Act, which limited nationally-chartered banks to only open branch banks within the state in which the main branch was situated.

Read about Louis Thomas McFadden in Wikipedia

Random Authors

Louis Thomas McFadden Quotes

When the Federal Reserve Act was passed, the people of these United States did not perceive that a world banking system was being set up here. A super-state controlled by international bankers and international industrialists acting together to enslave the world for their own pleasure. Every effort has been made by the Fed to conceal its powers but the truth is - The Fed has usurped the government!!

Effort, Government, People, Powers, United

We have, in this country, one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board. This evil institution has impoverished the people of the United States and has practically bankrupted our government. It has done this through the corrupt practices of the moneyed vultures who control it.

Country, Government, Impoverished, Practically, Practice

Some people think the Federal Reserve Banks are United States Government Institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign customers.

Federal, Government, People, Private, Thinking

Mr. Chairman, when the Fed was passed, the people of these United States did not perceive that a world system was being set up here. . . and that this country was to supply the financial power to an international superstate.

Chairman, Country, People, States, United States

Some people think the Federal Reserve Banks are US government institutions. They are not. . . they are private credit monopolies which prey upon the people of the US for the benefit of themselves and their foreign and domestic swindlers, and rich and predatory money lenders. The sack of the United States by the Fed is the greatest crime in history. Every effort has been made by the Fed to conceal its powers, but the truth is the Fed has usurped the government. It controls everything here and it controls all our foreign relations. It makes and breaks governments at will.

Credit, Government, Greatest, Money, Predatory, Thinking

The Federal Reserve Bank of New York is eager to enter into close relationship with the Bank for International Settlements. . . . The conclusion is impossible to escape that the State and Treasury Departments are willing to pool the banking system of Europe and America, setting up a world financial power independent of and above the Government of the United States. . . . The United States under present conditions will be transformed from the most active of manufacturing nations into a consuming and importing nation with a balance of trade against it.

Impossible, Independent, Money, New York, World

The truth is the Federal Reserve Board has usurped the Government of the United States. It controls everything here and it controls all our foreign relations. It makes and breaks government at will.

Government, United States, Boards, Breaks, Relations, Board

Open the books. . . and you will be staggered to see how much American money has been taken from the United States Treasury for the benefit of Russia. Find out what business has been transacted for the State Bank of Soviet Russia, by its correspondent, the Chase Bank of New York [owned by the Rockefellers].

Book, Money, New York, Rockefellers, Taken

The Federal Reserve is one of the most corrupt institutions the world has ever seen. There is not a man within the sound of my voice who does not know that this nation is run by the international bankers.

Institutions, International, Men, Nation, Running, Voice

It [the depression] was not accidental. It was a carefully contrived occurrence worked out as one works out a mathematical equation. The international bankers sought to bring about a condition of despair here so that they might emerge as the rulers of us all.

Bankers, Emerge, Equation, Historical, Mathematical Equations, Work Out