End The Fed Network

Sound Money for America! Audit the Fed - Repeal the Federal Reserve Act!

End The FED Cleveland Ohio

Information

End The FED Cleveland Ohio

NEW CLEVELAND 11-22-09 PHOTO ALBUM

Location: THE GREATER CLEVELAND AREA
Members: 66
Latest Activity: Jan 22

Rally info

EDUCATION OF THE OCCUPATION CLEVELAND
PLEASE JOIN THE NATIONAL END THE FED MeetUp GROUP
 
 

 

RON PAUL wins The Ohio Swing State Straw Poll - THE EVENT 
   
 

HOLY BAILOUT - Federal Reserve Now Backstopping $75 Trillion Of Bank Of America's Derivatives Trades
 
This story from Bloomberg just hit the wires this morning. Bank of America is shifting derivatives in its Merrill investment banking unit to its depository arm, which has access to the Fed discount window and is protected by the FDIC.
 
This means that the investment bank’s European derivatives exposure is now backstopped by U.S. taxpayers. Bank of America didn’t get regulatory approval to do this, they just did it at the request of frightened counterparties. Now the Fed and the FDIC are fighting as to whether this was sound. The Fed wants to “give relief” to the bank holding company, which is under heavy pressure.
 
This is a direct transfer of risk to the taxpayer done by the bank without approval by regulators and without public input. You will also read below that JP Morgan is apparently doing the same thing with $79 trillion of notional derivatives guaranteed by the FDIC and Federal Reserve.
 
What this means for you is that when Europe finally implodes and banks fail, U.S. taxpayers will hold the bag for trillions in CDS insurance contracts sold by Bank of America and JP Morgan. Even worse, the total exposure is unknown because Wall Street successfully lobbied during Dodd-Frank passage so that no central exchange would exist keeping track of net derivative exposure.
 
 







PLEASE PARTICIPATE IN THIS MONTHLY EFFORT - CHECK IT OUT!



          
AuditTheFedPhoneBomb.com


              
AuditTheFedPhoneBomb.com

Join us the first week of every month as we call our Federal legislators asking them to co-sponsor and support H.R. 459 [full text] and S. 202 [full text],the legislation that will give the American people a full audit of the Federal Reserve system. Please pledge to participate in the Audit the Fed Phone Bomb by entering your email address below. You will receive a reminder email when the next phone bomb takes place.

You can pledge to participate in the Audit The Fed Phone Bomb by clicking here and pledging via email or facebook.

Here is the list of congresspersons and Senators who have NOT yet signed on as co-sponsors for legislation requiring a full audit of the Federal Reserve.

http://auditthefedphonebomb.com/Hit-List-Audit-The-Fed-Co-Sponsors.html

Ohio Congressional HIT List for HR 459

Steve Chabot [1]
Jean Schmidt [2]
Jim Jordan [4]
Bill Johnson [6]
John Boehner [8]
Marcia Fudge [11]
Betty Sutton [13]
Steve Stivers [15]
Jim Renacci [16]
Tim Ryan [17]
Bob Gibbs [18]

Ohio Senator HIT List for S 202

Sherrod Brown
Rob Portman

 

 


 

 

 

Zeitgeist

 

 

The History of Money - Part 1

 

All Citizens Should Boycott all these companies, their products, and services, until action is taken against the FED. Class C - appointed by Board of Governors to represent the public:

Alfred M. Rankin, Jr. - Chairman President and CEO NACCO Industries, Inc.
Cleveland, OH

Richard K. Smucker - Deputy Chairman Executive Chairman and Co-CEO
The J.M. Smucker Company
Orrville, OH

Roy W. Haley - Chairman and CEO
WESCO International, Inc.
Pittsburgh, PA

Class B - elected by member banks to represent the public:

Les C. Vinney - Senior Advisor and Immediate Past President and CEO
STERIS Corporation
Mentor, OH

Tilmon F. (Tim) Brown - President and Chief Executive Officer
New Horizons Baking Company
Norwalk, OH

Susan Tomasky - President
AEP Transmission
Columbus, OH

Class A - elected by member banks to represent member banks:

James E. Rohr - Chairman and CEO
The PNC Financial Services Group, Inc.
Pittsburgh, PA

Charlotte W. Martin - President and CEO
Great Lakes Bankers Bank
Gahanna, OH

C. Daniel DeLawder - Chairman and CEO
Park National Bank
Newark, OH

Cleveland FED, Cincinnati Board of Directors:

James M. Anderson - Chairman Immediate Past President and CEO
Cincinnati Children's Hospital Medical Center
Cincinnati, OH

Donald E. Bloomer - President and CEO
Citizens National Bank
Somerset, KY

Daniel B. Cunningham - President and CEO
Long-Stanton Manufacturing Cos.
Cincinnati, OH

Gregory B. Kenny - President and CEO
General Cable Corporation
Highland Heights, KY

Paul R. Poston - Director, Great Lakes District
NeighborWorks® America
Cincinnati, OH

Janet B. Reid, Ph.D. - Principal Partner
Global Lead Management Consulting
Cincinnati, OH

Peter S. Strange - Chairman and CEO
Messer Construction Company
Cincinnati, OH

Cleveland FED, Pittsburgh Board of Directors

Sunil T. Wadhwani, - Chairman Co-Chairman
iGATE Corporation
Pittsburgh, PA

Todd D. Brice - Chief Executive Officer
S&T Bancorp, Inc.
Indiana, PA

Howard W. Hanna, III - Chairman and CEO
Howard Hanna Real Estate Services
Pittsburgh, PA

Glenn R. Mahone - Partner,
Reed Smith LLP
Pittsburgh, PA

Petra Mitchell - President
Catalyst Connection
Pittsburgh, PA

Robert A. Paul - Chairman and CEO
Ampco-Pittsburgh Corporation
Pittsburgh, PA

Margaret Irvine Weir - President
NexTier Bank
Butler, PA

The Solari Tapeworm 20 of the Federal Reserve System -
Boycott these Banks!

Following is Solari's list of the 20 Best Banks to flush from our lives in the US.
In 2004 alone these 20 banks reaped $89 billion in net income, while in the same year US households ran a deficit of $342 billion.
Think what could happen if we turned the tables?
1. Bank of America
2. Bank of New York
3. Barclays
4. BB&T
5. Citibank/Citigroup
6. Citizens
7. Credit Suisse
8. Deutsche Bank
9. HSBC
10. JP Morgan Chase
11. Mellon
12. Merrill Lynch
13. PNC
14. Royal Bank of Canada
15. State Street
16. Sumitomo
17. SunTrust
18. UBS
19. Wachovia
20. Wells Fargo
TOTAL NET INCOME $89 Billion

End The FED November 22nd 2008
End The FED March on Cleveland FED Novemeber 22nd 2009 JIM TRAFICANT Speakes to ETF Cleveland 11-22-2009 VISIT THIS INFORMATIVE ABOLISH THE FED SITE...CHECK IT OUT! http://www.abolishthefederalreserve.org/
From President Jackson’s farewell address:
It is well known that there have always been those amongst us who wish to enlarge the powers of the General Government, and experience would seem to indicate that there is a tendency on the part of this Government to overstep the boundaries marked out for it by the Constitution. …There is, perhaps, no one of the powers conferred on the Federal Government so liable to abuse as the taxing power. …Congress has no right under the Constitution to take money from the people unless it is required to execute some one of the specific powers intrusted to the Government; and if they raise more than is necessary for such purposes, it is an abuse of the power of taxation, and unjust and oppressive. …Plain as these principles appear to be, you will yet find there is a constant effort to induce the General Government to go beyond the limits of its taxing power and to impose unnecessary burdens upon the people. …There is but one safe rule, and that is to confine the General Government rigidly within the sphere of its appropriate duties. It has no power to raise a revenue or impose taxes except for the purposes enumerated in the Constitution, and if its income is found to exceed these wants it should be forthwith reduced and the burden of the people so far lightened.

--
"As nightfall does not come at once, neither does oppression. In both instances, there's a twilight where everything remains seemingly unchanged, and it is in such twilight that we must be aware of change in the air, however slight, lest we become unwitting victims of the darkness. " - William O. Douglas


 

Discussion Forum

State Banks - Pros and Cons.

Started by Pete. Last reply by Pete Sep 24, 2010. 4 Replies

Comment Wall

Comment

You need to be a member of End The FED Cleveland Ohio to add comments!

Comment by Tumbleweed Steve on November 26, 2011 at 3:06am

The power to create money is the most awesome
human power on earth. 

Why did the US government give it away to
a privately owned third party?
 
The root of all financial evil.
Video: http://www.realecontv.com/page/5817.html

Ken McCarthy
Real Econ TV

Comment by Tumbleweed Steve on November 22, 2011 at 4:18pm
Comment by Tumbleweed Steve on November 22, 2011 at 4:16pm
Comment by Tumbleweed Steve on November 22, 2011 at 4:06pm
Comment by Tumbleweed Steve on November 22, 2011 at 4:03pm

We managed to get there a little behind schedule because we got extra trifolds printed on the way...which we didn't end up needing anyway.

We went around Public Square on our way in, and did not see any of the Occupy Cleveland people there today. I believe I heard on the news that they were camped in front of some womans house that was being foreclosed on.

We handed out about 60 DVDs and 100 tri-folds to people. And talked to four construction workers on lunch about the FED and Ron Paul. They were very well informed already, and understood exactly what we were talking about.

We stayed until 2:00 when it started to rain. It was a good effort.

Comment by Delilah Ortiz on November 22, 2011 at 6:52am

Steve and Russell, I wish I could've made it today but I posted this on my blog and e-mail this to everybody on my list.    Here it is......

Subject:  For The Cause....For FREEDOM...For LIBERTY....For AMERICA!!!

http://www.youtube.com/watch?v=R0AJy4pJUE8

http://www.youtube.com/watch?v=JzeNkhXAIm0&feature=list_related...

FREE THE PEOPLE....END THE FED....FREE THE PEOPLE FROM THE MONEY=DEBT SYSTEM!  RESTORE GOLD AND SILVER AS MONEY AS LEGAL TENDER!  BACK THE US DOLLAR BY GOLD AND SILVER AGAIN.  WAKE UP....RISE UP......END THE FED!...IN MEMORY OF JFK AND HIS EXECUTIVE ORDER #11110.

 

Comment by Tumbleweed Steve on November 22, 2011 at 2:24am

US real estate wake up call‏

If you're waiting for a recovery - or even
stabilization - of US residential real estate
prices, you might want to review these numbers.

Video: http://www.realecontv.com/page/5781.html

Ken McCarthy
Real Econ TV

Comment by Tumbleweed Steve on November 21, 2011 at 2:26am

How Goldman Sachs wired Europe for implosion‏

Countless dotcom IPO scams.
The multri-trillion dollar sub-prime catastrophe.
Those were just warmups for Goldman's greatest
"accomplishment" of all.

Video:
http://www.realecontv.com/page/5768.html

Ken McCarthy
Real Econ TV

Comment by Tumbleweed Steve on November 20, 2011 at 6:23pm

 

For instant ETF Rally updates please follow here:  





Comment by Tumbleweed Steve on November 20, 2011 at 6:21pm

 

Members (65)

 
 
 

© 2013   Created by Steven Vincent.   Powered by

Badges  |  Report an Issue  |  Terms of Service