Quote:
Originally Posted by blankall
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?
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Blankall, check this out. This is a quote from Alan Greenspan
This week, former chairman of the Fed Reserve Alan Greenspan in an interview aired on PBS' News Hour was asked by Jim Lehrer what should be the proper relationship between a chairman of the Fed and The President of the United States. In a shockingly honest tone Greenspan replies,
"Well, first of all, the Federal Reserve is an independent agency, and that means, basically, that there is no other agency of government which can overrule actions that we take. So long as that is in place and there is no evidence that the administration or the Congress or anybody else is requesting that we do things other than what we think is the appropriate thing, then what the relationships are don't, frankly, matter."
Yes, the Federal Reserve Act was passed by Congress right before the christmas break in 1913.........but they have had little influence in Fed decisions since then. Its funny that just a few years later the Lucitania(which theres is evidence that the U.S. was warned by the Germans that any ships in English waters would be sunk) was sunk and the U.S. entered WW1, and had to borrow money from the Fed.........