"Some people think the Federal Reserve Banks are United States Government institutions. They are not Government institutions, departments, or agencies. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign customers. Those 12 private credit monopolies were deceitfully placed upon this country by bankers who came here from Europe and who repaid us for our hospitality by undermining our American institutions." quote from The Federal Reserve Enemy of America. http://www.apfn.org/apfn/reserve2.htm @Frank Sanoica. Here's the source for who's controlling our money in and out of the Banks. http://www.federalbudget.com/fed.html4. "The owners of the FED own the controlling interests in ALL major media in the US. Rockefeller, through Chase Manhattan bank, controls CBS and ABC and 28 other broadcasting firms. Each of the other owners of the FED also have controlling interest in the US media. This explain why the media have been silent about the FED scam. The FED fraud is the biggest and longest cover-up in the US today." The above ties a lot of things together for me.
"As stipulated by the Banking Act of 1935, the President of the United States appoints the seven members of the Board of Governors; they must then be confirmed by the Senate and serve for 14 years only." Appointed by the President. They are, therefore not, independently acting and thinking individuals, but carry the heavy hand of the President upon their shoulders. Just like SCOTUS. Frank
That may be true...but they do not "run" the banks...the banking system is the one in control here. And unfortunely the President is mostly a puppet who is controlled by the "puppet masters!"
History is being repeated in more ways than one, just like the Bolsheviks' replaced their Russian Army with Stalin who caused the death of millions of Russians, seems we will soon find out who Obama replaced most of our top brass with. Most starved to death, Is this why they sold off most of our water and cropland to China?
July of 23...fed reserve will implement fed now.... their new name of the central bank control of our currency....heads up!