The Federal Reserve System has been handed police powers, Glocks and patrol cars

October 7th, 2012

Published on Intrepid Report, by Jerry Mazza, October 5, 2012.

The Federal Reserve, a privately owned banking cartel that controls interest rates and the money supply, has been given police powers, including Glock 22s and patrol cars. This was a story I originally saw in Alternet.Org and did a double take on. Were they talking about the real Federal Reserve, or was this some kind of joke? It turns out it’s not a joke … //  

… But Alternet says, “According to a former St. Louis Federal Reserve Law Enforcement Training Instructor, the officers are trained on pistol, rifle, auto-rifle, sub-gun and shotgun with manufacturers encompassing Smith & Wesson, Glock, Remington and Armalite.”

“ArmaLite,” according to Wiki, “is the name of a small arms engineering facility founded in the early 1950s, and once associated with the Fairchild Engine and Airplane Corporation. ArmaLite was formally incorporated as a subdivision of Fairchild on October 1, 1954. ArmaLite was responsible for small arm designs that evolved into many of the infantry weapons in service worldwide today, including the M16 military rifle and the M4 carbine. The original ArmaLite severed relations with Fairchild in 1962, and ceased all operations in the early 1980s. ArmaLite’s successor, ArmaLite, Inc. is currently located in Genesco, Illinois. ” Holy moly!

What’s going on here? Is the Fed so paranoid about Occupy Wall Street and the many new people knowing the Fed was started illegally in 1913 in a private dining car full of elite bankers in a train that journeyed secretly to Jekyll’s Island in Georgia. My last article at Intrepid Report,
Pitching how to make more money as the value of the dollar falls, includes a whole section on it.

According to Alternet, “The FRLEOs employed by the Federal Reserve Board of Governors in Washington, D.C., are considered employees of the Federal government since the Board is a government entity.” Begging your pardon, PATRIOT Act, or whomever, what does government entity mean? The Fed Board is as I just said, is an independent consulting and investment bank cartel, manipulating the interest on, and printing our currency.

“Each of the 12 Federal Reserve Banks, as settled law under Lewis v. United States confirms, is a private corporation owned by commercial banks in its region. An email to several of the Federal Reserve Banks confirmed that they regard their FRLEOs to be privately employed by the bank.” So if their banks are owned by a private corporation how does that qualify them for their own police force? That’s more hogwash from our finagling financial industry. The rest is hogwash … //

… Why would you locate the Regional office of the New York Fed in East Rutherford, New Jersey? That is cruel and inhuman punishment. Or is it just a good hideout with plenty of New Jersey cops around to morph into “FRELEOs” on a moment’s notice. Perhaps the noxious fumes of the Jersey Turnpike will do them in. But for now, keep your eyes on the New York “FRELEOs” and keep your powder dry. This is shaping up like a bad day at black rock, or a lot of black rocks to throw at our fellow Americans in blue who would shoot us for a buck without batting an eye.

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(Jerry Mazza is a freelance writer and life-long resident of New York City. An EBook version of his book of poems “State Of Shock,” on 9/11 and its after effects is now available at and He has also written hundreds of articles on politics and government as Associate Editor of Intrepid Report (formerly Online Journal). Reach him at


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