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Jesus-is-savior.com
The FED began with approximately 300 people or banks that became Owners (stockholders purchasing stock at $100 per share - the stock is not publicly traded) in the Federal Reserve Banking System.
www.elimadebts.com...
Rockefellers’ National City Bank = 30,000 shares
Chase National = 6,000 shares (currently Chase Manhattan and owned by David Rockefeller)
The National Bank of Commerce = 21,000 shares (now known as Morgan Guaranty Trust)
Morgans’ First national Bank = 15,000 shares
www.newworldpeace.com...
Presidents Lincoln, Jackson, and Kennedy tried to stop this family of bankers by printing U.S. dollars without charging the taxpayers interest
www.reformation.org...
Soon after President Kennedy's assassination...
www.worldnewsstand.net...
A free thinking American might ask, “Why is this ridiculous policy of giving the banks power to create money out of thin air to buy U.S. Treasury Bonds at full face value plus interest a political fact of life!”
You have voted Magickman for the Way Above Top Secret award. You have two more votes this month.
Who owns the Federal Reserve?
The Federal Reserve System is not "owned" by anyone and is not a private, profit-making institution. Instead, it is an independent entity within the government, having both public purposes and private aspects.
As the nation's central bank, the Federal Reserve derives its authority from the U.S. Congress. It is considered an independent central bank because its decisions do not have to be ratified by the President or anyone else in the executive or legislative branch of government, it does not receive funding appropriated by Congress, and the terms of the members of the Board of Governors span multiple presidential and congressional terms. However, the Federal Reserve is subject to oversight by Congress, which periodically reviews its activities and can alter its responsibilities by statute. Also, the Federal Reserve must work within the framework of the overall objectives of economic and financial policy established by the government. Therefore, the Federal Reserve can be more accurately described as "independent within the government."
The twelve regional Federal Reserve Banks, which were established by Congress as the operating arms of the nation's central banking system, are organized much like private corporations--possibly leading to some confusion about "ownership." For example, the Reserve Banks issue shares of stock to member banks. However, owning Reserve Bank stock is quite different from owning stock in a private company. The Reserve Banks are not operated for profit, and ownership of a certain amount of stock is, by law, a condition of membership in the System. The stock may not be sold, traded, or pledged as security for a loan; dividends are, by law, 6 percent per year.
linkage
Originally posted by soficrow
Good work Magickman.
Do you have any info on:
* The owners of the Bank of Internationsal Settlements (incorporated 1930 in Switzerland; funded the Brits, Americans, Germans, and Japanese in WWII);
On March 23, 2006, the Board of Governors of the Federal Reserve System will cease publication of the M3 monetary aggregate. The Board will also cease publishing the following components: large-denomination time deposits, repurchase agreements (RPs), and Eurodollars. The Board will continue to publish institutional money market mutual funds as a memorandum item in this release.
Measures of large-denomination time deposits will continue to be published by the Board in the Flow of Funds Accounts (Z.1 release) on a quarterly basis and in the H.8 release on a weekly basis (for commercial banks).
Originally posted by yeahright
On March 23, 2006, the Board of Governors of the Federal Reserve System will cease publication of the M3 monetary aggregate. The Board will also cease publishing the following components: large-denomination time deposits, repurchase agreements (RPs), and Eurodollars. The Board will continue to publish institutional money market mutual funds as a memorandum item in this release.
Measures of large-denomination time deposits will continue to be published by the Board in the Flow of Funds Accounts (Z.1 release) on a quarterly basis and in the H.8 release on a weekly basis (for commercial banks).
Link
I believe you have my stapler...
Why bother publishing those pesky inflation numbers? They just upset people.
Originally posted by soficrow
Good work Magickman.
Do you have any info on:
* The owners of the Bank of Internationsal Settlements (incorporated 1930 in Switzerland; funded the Brits, Americans, Germans, and Japanese in WWII);
* Similar bank info for Canada and Britain, as in a parellel system of ownership to the FED?
Originally posted by D_Emissary56
And yet, I don’t see enough organization of the people in the USA to overthrow this bloody system. The people are too busy arguing over which party to vote for, whether or not to have abortions legal, etc, etc, etc. AS LONG AS THE PEOPLE REMAIN DIVIDED, COMFORTABLY NUMB AND STUPEFIED, THE SYSTEM WILL CONTINUE AS IT HAS FOR AGES.
Originally posted by Magickman
Originally posted by soficrow
Good work Magickman.
Do you have any info on:
* The owners of the Bank of Internationsal Settlements (incorporated 1930 in Switzerland; funded the Brits, Americans, Germans, and Japanese in WWII);
* Similar bank info for Canada and Britain, as in a parellel system of ownership to the FED?
MM No, sorry, I don't. ...It has been said that one banking concern funded all of the wars since that time. Big statement, can't be proved, but worth a thought.