Quote:
Originally Posted by mikey_the_redneck
If you actually think the Federal Reserve is controlled by the U.S. government, there is no point in me trying to argue.
Why are they trying to pass a bill in Congress (HR1207 I believe) right now to have the Fed audited?? The Fed does not answer to anyone, they are not transparent and that is what people are questioning.
They want to know where the bail out money went.
If the government controlled the Fed, this would be a non-issue. The Fed is private. Just because it is called the FEDERAL Reserve, does not mean it is gov. controlled. Wow.......
Fed-Ex is not a government entity either......
"Because the bank is capable of printing money does not meant the money they print has any value. "
Exactly. But they print money that is not backed by anything and then charge interest on it...............this is how they get filthy rich, especially when they make huge loans for war efforts that they can collect interest on.
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If the federal reserve bank is not controlled by the government then how can they pass a bill forcing disclosure? Seems like a strange thing to do if the bank "does not answer to anybody". Why would congress bother to do something if the bank was out of their power?
I wasn't calling the Federal Reserve federally controlled just because it is called the Federal Reserve. It is federally controlled because it was created by a federal statute in the year 1913 called the Federal Reserve Act.
The only association between that bank and the Rothschild's is that the federal government of the US forces each major bank to buy a percentage of stock of the regional federal reserve. Forcing the banks to buy stock, which is non-transferable and comes with no voting rights as does regular stock, is a way for the government to control the assets fo the investments banks. Not the other way around. It's called a centralized banking scheme.
I'm sure the individual banks are consulted and form parts of various committees, but they are consulted as financial experts. The same way CIBC and TD would be consulted when there is a move to change interest rates. The Rothschilds have no more influence in this area than do the dozens of other large banks in the united states.
Edit: Forbes magazine puts the wealth of the entire Rothschild family at below 2 billion. How much do you think they are worth and where are they hiding all this money?