Topic: Who owns and controls the Federal Reserve? - page 4. (Read 5900 times)
It's not my #1 topic, but some people around here probably don't pay attention to the Gov.
Yeah the Fed is basically a cartel of banks. Even their own website states that they are only quasi-government.
Each of the twelve Federal Reserve Banks is organized into a corporation whose shares are sold to the commercial banks and thrifts operating within the Bank's district. Shareholders elect six of the nine the board of directors for their regional Federal Reserve Bank as well as its president. Mullins reported that the top eight stockholders of the New York Fed were, in order from largest to smallest as of 1983, Citibank, Chase Manhatten, Morgan Guaranty Trust, Chemical Bank, Manufacturers Hanover Trust, Bankers Trust Company, National Bank of North America, and the Bank of New York (Mullins, p. 179). Together, these banks owned about 63 percent of the New York Fed's outstanding stock. Mullins then showed that many of these banks are owned by about a dozen European banking organizations, mostly British, and most notably the Rothschild banking dynasty. Through their American agents they are able to select the board of directors for the New York Fed and to direct U.S. monetary policy. Mullins explained...
http://www.usagold.com/federalreserve.html
In case you didn't know already.
http://www.usagold.com/federalreserve.html
In case you didn't know already.
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