How to End the Fed — Go Green Instead
A plan to restore liberty in America by replacing the Federal Reserve Bank with a credit union that is clean, green, citizen- owned and fully transparent so that we may get off of oil, out of oil-wars, invest in renewables and organics, and split the profits with the people instead of the banks.
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“Corporations have been enthroned, an era of corruption will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people, until the wealth is aggregated in a few hands, and the republic is destroyed.”
President Abraham Lincoln, 1864i
By Joe McHugh
Fourth Edition
Copyright © 2021, Hijacking America LLC. All rights reserved.
Table of Contents
Chapter 1 — Introducing: Liberty…………………………………………………………………………….5
Liberty is…………………………………………………………………..………5
Do you ever get the feeling that no matter how much we work, it’s just never enough?……………………………………………………………….…………..5
Chapter 2 — Myth Busting: The Federal Reserve……………………………….9
You might think that we need the Federal Reserve to manage our money and the economy, but that is completely wrong and here’s why……………………9
Figure 1. Productivity v. Compensation, 1948–2013…………………………10
Figure 2. Federal Reserve Act, Section 2.10 Stock Allotted to United States..12
Figure 3. Member Banks Own The Federal Reserve Bank……………………13
Figure 4. Subscriber Stock Limitations…………………………………………14
Figure 5. Federal Reserve Bank Scorecard……………………………….…….15
Figure 6. Cumulative Dividend…………………………………………………17
Figure 7. Division of Earnings…………………………………….…………….18
Figure 8. Pricing of Services…………………………………………………….19
Figure 9. US Total Assets Held by All Federal Reserve Banks….…..…………20
How the Fed Makes Money………………………………….………………….22
Figure 10. How the Federal Reserve Bank Makes Money…………………….22
Fiat Money……..………………………………………………………….……..22 Figure 11. S&P 500 Price-earnings chart, CARES Act Spike…………..……..23 Figure 12. CNBC article: U.S. banks ‘swimming in money’ as…
