We are now witnessing a melt down of the global financial system, and the Federal Reserve System (FED), the Central Bank of the USA, plays a primary role, taking over one private bank after another. Some are talking about a nationalization or even socialization of these banks. Nothing could be more wrong.
Theft by the few from the many is the correct expression.

The German poet Heinrich Heine said: "Money is the god of our times, and Rothschild is his prophet."

The Federal Reserve System is finally  owned by Rothschild in London, the US shareholders being subservient to Rothschild. See this complicated scheme.

Eustace Mullins: The mastermind behind the Federal Reserve Act was Baron Alfred Rothschild of London.

The shareholders of these banks which own the stocks of the Federal Reserve Bank of New York are the people who have controlled our political and economic destinies since 1914.
They are the: Rothschilds of Europe,  Lazard Freres (Eugene Meyer),  Kuhn Loeb Company, Warburg Company,  Lehman Brothers, Goldman Sachs,  the Rockefeller family, and the J.P. Morgan interests."

Who and what is the “ FED”? Since this bank is apparently the absolute leader of world finances I will give you a survey of its history, which is no less than the perfect crime.

The following is mainly from Andrew C. Hitchcock´s book:”The History of the Money Changers” from Febr. 2006 and the former Librarian of Congress, Eustace Mullins´ book “The Secrets of The Federal Reserve”.
I guess Mr. Mullins really knows his stuff, since the Jekyll Island Group agreed upon the FED being liable to Congress. You can also see Andrew Hitchcock´ essay presented on this appalling video by Bill Still and Pat Carmack.   (1h 46 min) - clearly stating that
the purpose of the Federal Reserve System is the world state of the corporate New World Order.

For a long time the Rothschild-owned European Central Banks had been pressuring to have a Central Bank in the USA. For as one Rothschild said: ” I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man who controls Britain's money supply controls the British Empire, and I control the British money supply."  .

The European bankers used very coarse means in the USA: withdrawing their enormous investments to cause booms and depressions to achieve this – however clear-sighted US politicians opposed them. For, as Thomas Jefferson had said  in 1787: ” "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and the corporations which grow up around them will deprive the people of all property until their children wake up homeless on the continent their fathers conquered."

In 1907 the bankers decided to scare the wits out of the US public
 “Rothschild, Jacob Schiff, the head of Kuhn, Loeb and Co., in a speech to the New York Chamber of Commerce, stated, or rather threatened, “Unless we have a Central Bank with adequate control of credit resources, this country is going to undergo the most severe and far reaching money panic in its history.”

They put Rothschild agent, J. P. Morgan at the forefront of their charge. J. P. Morgan took on a British partner, Edward Grenville, who was a long time director of the Bank of England (owned then by Rothschild).
This year was the year of the money changers attack.
J. P. Morgan and his cohorts secretly crashed the stock market. Within only a few days, bank runs became commonplace across the nation.

Morgan manufactured money out of nothing.  And Congress let him do it!  So, Morgan manufactured $200,000,000 of this completely reserveless private money, purchased goods and services with it, and sent some of it to his branch banks to lend out at interest. J. P. Morgan was hailed as a hero.

President Theodore Roosevelt had also signed into law, following the financial panic, a bill creating the, "National Monetary Commission."
This commission was supposed to study the banking problem and make recommendations to Congress.  Naturally, the commission was packed with J. P. Morgan's friends and cronies.

The chairman was Senator Nelson Aldrich from Rhode Island - the maternal grandfather of vice-president Nelson Rockefeller and David Rockefeller, who would become Head of the Council on Foreign Relations - and he represented the Newport Rhode Island homes of America's richest banking families.

Senator Aldrich immediately embarked on a 2 year fact finding tour of Europe, where he consulted at length with the private central bankers in England, France, and Germany, or rather Rothschild, Rothschild, and Rothschild.

After his return, bankers met on Jekyll Island off the coast of Georgia.
In this group were besides Aldrich also  Paul Warburg, who was earning a $500,000 a year salary from Rothschild owned firm, Kuhn, Loeb & Company.  This salary was for him to lobby for a privately owned central bank in America.  Also present was Jacob Schiff, a Rothschild who had purchased Kuhn, Loeb and Company shortly after he arrived in America from England.

The Rothschilds, Warburgs and Schiffs, interconnected by marriage, were essentially the same family.

This group of conspirators immediately set up an educational fund of $5,000,000 to finance Professors at top universities to endorse the new bank.

On November 5th, 1913, Woodrow Wilson was elected, and J. P. Morgan, Paul Warburg, Bernard Baruch et al, advanced a new plan which Warburg called the Federal Reserve System. 
The leadership of the Democratic Party hailed this new bill
Attorney Alfred Crozier would testify :"The…bill vests in the banks exclusively the dangerous power to make money"
 
“In 1911, prior to Wilson’s taking office as President, the Rothschild agent and close adviser to Pres. Woodrow Wilson, Edward Mandel House, wrote a book called "Philip Dru - Administrator". Ostensibly a novel, it was actually a detailed plan for the future government of the United States, "which would establish Socialism as dreamed by Karl Marx".
The Schiffs, the Warburgs, the Kahns, the Rockefellers and Morgans put their faith in House. One of the insttutions described by House is the Federal Reserve system.

The bill was approved through the Senate on December 22nd, (1913). 
How did this happen? Because most of the Senators had left town to return home for the Christmas holidays. Furthermore, these Senators had been assured by the leadership, that nothing would be done regarding this bill until long after the Christmas recess. This procedure in Congress was later called the “Christmas Massacre”.

Eustace Mullins writes: “Woodrow Wilson signed the Federal Reserve Act on December 23, 1913. History proved that on that day, the Constitution ceased to be the governing covenant of the American people, and our liberties were handed over to a small group of international bankers.”

H.W Loucks wrote in “The Great Conspiracy of the House of (J.P.) Morgan: "The House of Morgan is now in supreme control of our industry, commerce and political affairs. They are in complete control of the policy making of the Democratic, Republican and Progressive parties.
The present extraordinary propaganda for ‘preparedness’ is planned more for home  coercion than for defense against foreign aggression

Eustace Mullins writes: “Because the Federal Reserve Bank of New York was to set the interest rates and direct open market operations, thus controlling the daily supply and price of money throughout the United States, it is the stockholders of that bank who are the real directors of the entire system.
The Rockefeller Kuhn, Loeb-controlled National City Bank took the largest number of shares of any bank, 30,000 shares. J.P. Morgan’s First National Bank took 15,000 shares. When these two banks merged in 1955, they owned in one block almost one fourth of the shares in the Federal Reserve Bank of New York.

Interestingly, only a few weeks earlier, in October, Congress finally passed a bill legalizing direct income tax of the people.  This was in the form of a bill pushed through by Senator Aldrich, which is now commonly known as the 16th amendment.
The income tax law was fundamental to the Federal Reserve.  This is because the Federal Reserve was a system which would run up, essentially, an unlimited Federal debt.
The only way to guarantee the payment of interest on this debt was to directly tax the people, as they had done with the Bank Of England. Here is a thought-provoking video on that crime.

Comment
Actually, this 16th amendment was never ratified, and therefore many American citizens do not pay their income tax and there is nothing the United States Government can do about it.
This (and many other) video tells us that the whole income tax is not even enough to  make up for the interests of the US governmental loans with the fraudulent Fed bankers, who have even illegally usurped  the power of printing money, which only belongs to the US Congress - even lending it to the Americans at fat interest!!! And of, course, the business runs most profitably during war times!! 
Such a tribute is otherwise only known from the worst tyrannies of history.
The US Army is said to be paid  by corporate taxes -  schools and roads by the federal states.

Adding insult to injury e.g. a  Rockefeller Foundation was established in 1913, so that American interest ripping off could flow tax-free back into the Foundation - because they call the Foundation "charitable", although during 95-years life time the Foundation has probably only spent maximally 14 bn dollars  e.g. on the UN,  mental hygiene, so that people become totally demoralised under mind control - which the former Soviet spy Yuri Bezmenov (video) reports, asserting we have now been thus manipulated for more than 25 years!  Contributions have also gone to further subversive purposes. Otherwise, Rockefeller "charity" is promoted with taxpayer money.

The 17th amendment provided for the direct election by the people of two Senators from each state as opposed to the original system of having state legislatures elect United States Senators. These bankers could now provide the funds for their hand picked people to run for the Senate, and thus avoid future problems like getting the Federal Reserve through the Senate.

The President appoints only 2 of the 7 members of the Federal Reserve Board of Governors. 
 
We already now have a hint that these Wall Street bankers are using their immense wealth for a financial crashes as a tool to enslave us.
That impression will grow stronger in the continued story