End of the Fed?
Thank you Lisa Cook!
Yes that is very possible. Federal Reserve Governor Lisa Cook was fired by President Trump 08/25/2025. She has two criminal referrals against her for mortgage fraud - claiming 3 primary residencies
First a little background:
In June 2021, Cook purchased a home in Ann Arbor, Mich., using a mortgage application that designated the property as a primary residence. Cook purchased another property in Atlanta two weeks later, using a mortgage application that also designated the property as a primary residence. The Georgia property was listed for rent the following year in September 2022.
Cook entered into a 15-year mortgage agreement to acquire a condominium in Cambridge, Mass., and designated in a mortgage application with Bank Staff Fund Federal Credit Union that she would "occupy and use the Property as Borrower's second home."
Eight months later, Pulte said, Cook represented to the US government, on Dec. 1, 2021, that she earned $15,000-$50,000 in rental income on the Cambridge property and declared it as an investment or rental property, in conflict with the mortgage application. Subsequent representations to the US government in 2022, 2023, 2024, and 2025, he alleged, also showed the property as an investment.
Just how much money do these rulers of us make? 3 homes? Most of us are struggling to keep one out of foreclosure. Yet she and many others that rule over us have multiple homes.
The ones I really get a kick out of is Sanders and Warren. They rail against the rich - yet they are millionaires with multiple homes. Sanders As of 2019, Sanders and his wife owned three homes: A four-bedroom colonial house in Burlington, Vermont, which they bought in 2009. A row house near the U.S. Capitol in Washington, D.C., which he has owned since 2007 for use during his time as a member of Congress. A lakefront vacation cottage in North Hero, Vermont, which they purchased in 2016.Warren owns two homes: a $3 million Victorian in Cambridge, Massachusetts, and an $800,000 condo in Washington, D.C.
Warren owns two homes: a $3 million Victorian in Cambridge, Massachusetts, and an $800,000 condo in Washington, D.C.
I begrudge no one owning multiple properties/homes. However do not bash others if you are doing it yourself. And just what kind of person thinks these rich politicians that are multi millionaires are going to take down the people that made them millionaires? AS a really bad President has said many a time - COME ON MAN!
Anyway back to Lisa Cook, her court arguments are based on Trump did not have just cause - just cause is not defined in any of the documents regarding the Federal Reserve. The other argument Cook and those on her side are making is the Federal Reserve is a independent agency? An independent ageny? Really?
WHOA cowboy the US Constitution has 3 articles covering formation of Congress, President and the Supreme Court. Their is NOTHING about an independent agency running the printing press ( only CONGRESS can print and Coin money.
Article 1, Section 8, Clause 5 of the U.S. Constitution grants Congress the power to coin money, regulate the value of money and foreign coin, and fix the standard of weights and measures.
Note:
Article 1 establishes Congress and its powers,
Article 2 establishes the Presidency and its power
Article 3 establishes the Supreme Court and its powers.
Their are no articles regarding the Federal Reserve. Coining money is the sole realm of Congress. Now we look a little deeper into Article 1 Section 1
https://constitution.congress.gov/browse/essay/artI-S1-4-1/ALDE_00001315/
Article I, Section 1:
All legislative Powers herein granted shall be vested in a Congress of the United States, which shall consist of a Senate and House of Representatives.
By vesting Congress with [a]ll legislative Powers, the Supreme Court has viewed the Legislative Vesting Clause as limiting the authority Congress can delegate to other branches of government or private entities. In general, the Court has held that the legislative power of Congress cannot be delegated.1 In 1935, Chief Justice Charles the Court, declared that Congress is not permitted to abdicate or to transfer to others the essential legislative functions with which it is thus vested.2 This principle is the basis of the nondelegation doctrine that serves as an important, though seldom used, limit on who may exercise legislative power and the extent to which legislative power may be delegated. In its 2022 decision in West Virginia v. Environmental Protection Agency, the Supreme Court provided further clarity on the nondelegation doctrine, emphasizing that a decision of magnitude and consequence rests with Congress itself, or an agency acting pursuant to a clear delegation from that representative body.
Well that seems perfectly clear to me.
All legislative Powers herein granted shall be vested in a Congress of the United States, which shall consist of a Senate and House of Representatives.
All means ALL not some, not you can give it away. It means only Congress can make laws, not a alphabet soup agency. The coining pf money cannot be off loaded to the Federal Reserve no matter how much they want to or their constituents want to.
Federal Reserve Banks are not government agencies, and while the Board of Governors is a part of the federal government, the Federal Reserve System is self-funded and is not a part of the congressional appropriations process.
Congress however does have oversight and the President appoints the Fed Governors and they are approved by the Senate.
Oversight by Congress is a joke. When has the Fed been audited? Asked tough questions when they do appear before Congress? Most in Congress are incapable of understanding how to tie shoes let alone what the Fed is doing.
The President appoint Fed Governors and the Senate approved them. The President is granted authority to remove Governors for just cause - as I said above just cause is not defined or spelled out. So its can be anything. Criminal activity seems like a just cause. Can any of us lie on a mortgage application? No we cannot, Cook helps set monetary policy and she thinks she is so special she can lie on mortgage papers or just really does not understand what primary means. Either way she should be out.
now on to the nitty gritty.
As explained above Congress cannot delegate their powers, the power to coins money is obviously meant by the framers to be one item that in now way shape or form be delegated. It is the sole domain of Congress.
The Constitution nowhere mentions the Federal Reserve of any other central bank. So how can it exist? Congress cannot delegate coinage of money and the Federal reserve is nowhere to be found in the Constitution.
Thomas Jefferson strongly opposed a central bank stating it was not authorized in the Constitution.
The system of banking we have both equally and ever reprobated. I contemplate it as a blot left in all our constitutions, which, if not covered, will end in their destruction, which is already hit by the gamblers in corruption, and is sweeping away in its progress the fortunes and morals of our citizens. Funding I consider as limited, rightfully, to a redemption of the debt within the lives of a majority of the generation contracting it; every generation coming equally, by the laws of the Creator of the world, to the free possession of the earth he made for their subsistence, unincumbered by their predecessors, who, like them, were but tenants for life… And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.
Wow he pretty much nailed it in that first two sentences. Gamblers/speculators we see that today with banking and people borrowing money for land, housing and other purchases to hold and resell. Lisa Cook fits that bill to a “T”. She is more than likely speculating that these “primary “ residences will go up in value and she can in turn sell them at a profit.
Thomas Jefferson adamantly opposed central banks, believing they were unconstitutional, dangerous to liberty, and favored wealthy urban financiers over agrarian farmers. His strict interpretation of the Constitution held that powers not explicitly granted to the federal government were forbidden, and the creation of a national bank was not among those powers. Jefferson also feared that a central bank would concentrate financial power, corrupt politics through subsidies, and lead to inflation and economic instability.
The Constitution is a negative document, meaning powers of government were granted to it by the Constitution, if a power was not granted - listed - the power did not exist and therefore the government was not allowed to do it.
A positive Constitution would result in government doing what it pleases. Limiting its power only to what is specifically forbidden. As we see once this cat is out of the bag their is no stopping it. A positive Constitution to not only near complete control of the citizenry with permission slips required for many things, it leads to megalomaniacs concentrating in government.
People such as Biden, Warren, Sanders, McConnell, Bush family - people that are corrupt and want power over others - like they own them. Trump maybe a megalomaniac on certain levels but his destruction of federal agencies and now the Federal Reserve are a positive development away from this corruption.
The founders strongly believed in a limited government, if we read the Declaration of Independence and the Federalist and Anti Federalist papers it is very clear they never intended for government to control our lives.
This link https://www.federalreservehistory.org/essays/before-the-fed covers pretty well the history of central banking from Hamilton and Jefferson to the ultimate formation of the Federal Reserve. complete shattering of the Constitution and an all intrusive government. Power hungry people have always gravitated towards government, prior to Woodrow Wilson and his progressivism the Constitution did constrain them. Up until Trump they were pretty much unrestrained. Trump is no saint on this matter but at the same time he is breaking tradition with his cutting of federal agencies budgets and terminating agencies like USAID. The positives are outweighing his negatives right now.
AS we see the formation of the Federal Reserve in 1913 during start of the“progressive” era. An era that looking back has lead to the the swelling of government power over our lives, speculation - where speculators - such as hedge funds buy stocks, property, homes and hope for and in many cases receive huge returns. It is leading to a renting society where many people no longer own property but are stuck as renters because of the higher prices taking them out of the purchase market. They are becoming serfs that can be controls and herded like animals.
So now we come to Lisa Cook. This case could very well end up in the Supreme Court. This is where the rubber will meet the road unless she backs off.
As I have mentioned above we have 3 branches of government certain NOT 4 and one that is unaccountable. . The idea a President appoints people but cannot fire their is ludicrous. No company works like that. The Federal Reserve being a supra governmental agency that coins money is clearly breaking Article 1 in the Constitution. It is mentioned nowhere in the Constitution. It thinks along with its supporters it is extra Constitutional and has no check or balance by elected representatives. It is a financial juggernaut that literally plans our financial future and answers to no one. Their is no Constitutional place for the Federal Reserve. If this hits the Supreme Court I’d guess at least a 5/4 if not 6/4. Roberts and Barrett are the question marks.
Why has it taken 112 years for this to play out? Well its a club and Trump is not in it. Congress and the Senate love the perks of the job, but not the actual job/work. So they delegate so they can finger point - the problem is they have no clue that when you point a finger at someone you have three pointing back at you. The majority of the fingers are pointing at the problem.
Time will tell, maybe Powell or someone else at the Fed or government will see that the very existence of the Fed is on the line and tell cook to go away quietly. Once this starts discovery opens the doors to Pandora’s box so once that happens the corruption could unravel things pretty quickly. What will it do to the financial markets? Well they will never be the same if the Fed is gone. The speculators will have to find real work.