It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
the US can bail out their failure but will need a very very big war ....uncle sam need you ... I think at this point its not like its not going to happen but when .
A former advisor said that the people in the US would shock to know the extent the Fed is privately owned.
The regional Federal Reserve Banks are private owned, but they are controlled by the Board of Governors -- a federal agency whose members are appointed by the President and confirmed by the Senate.
Cronies appointing cronies.
originally posted by: neo96
a reply to: IgnoranceIsntBlisss
Cronies appointing cronies.
Created by an act of congress and potus.
Creates money out of thin air.
The 'profit' ends up at the Treasury.
The Fed is nothing but the states snip.
Don't get me wrong.
I don't like it just as much as others.
Way too much power for essentially pulling fiat currency out of their snips.
So now finally auditing the ultimate NWO con job in history is the NWO plan?
BTW, The Fed abolished the Greenback, basically, thus replacing it with the Federal Reserve Note. And along the way it's been devalued by something on the order of 97%.
Where the means of devaluation was mainly inflation, where by the poorest people are the least economically equipped to counter their standings against it, but the richest people are nearly immune from it.
originally posted by: seasonal
a reply to: worldstarcountry
You are correct, and there may very well be a false flag or other situation to take everyone's eye off the ball.