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Who owns the U.S. Federal Reserve Bank ... no it is not whom you think it is :)

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kunjuppu

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who owns fed bank /


is this true? this is from a comment in the globe and mail, toronto; 4:55 pm Dec 9 by New World Order. .. and i thought the Uncle Sam owned the Fed

The Central Bank aka Federal Reserve Bank is a globally owned PRIVATE company, with satellite branches globally. THEY ARE NOT OWNED BY THE AMERICAN GOVERNMENT! They control Americans banks and profit by printing money through the American Treasury Department, and regulating its value. They simply print money in America and LEND it back to the American Government WITH INTEREST!

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. They make up an international banking cartel of wealth beyond comparison. The FED banking system collects billions of dollars in interest annually and distributes the profits to its shareholders. The Congress illegally gave the FED the right to print money (through the Treasury Department) at no interest to the FED. The FED creates money from nothing, and loans it back to us through banks, and charges interest on our currency. The FED also buys Government debt with money printed on a printing press and charges U.S. taxpayer’s interest.

Who actually owns the Federal Reserve Central Banks? The ownership of the 12 Central banks, a very well kept secret, has been revealed:

Rothschild Bank of London
Warburg Bank of Hamburg
Rothschild Bank of Berlin
Lehman Brothers of New York
Lazard Brothers of Paris
Kuhn Loeb Bank of New York
Israel Moses Seif Banks of Italy
Goldman, Sachs of New York
Warburg Bank of Amsterdam
Chase Manhattan Bank of New York

These bankers are connected to big London Banking Houses which ultimately control the American Federal Reserve Bank.

When Imperialist Britain lost the Revolutionary War with America (our forefathers were fighting Britain’s Imperialist Big Government), they later planned a new way to control Americans from abroad by controlling their banking system, the printing of their money, and their debt!

F
 
C'mon Mr. Kunjuppu, this is total conspiracy theory! We all know that the shareholders of the Federal Reserve are the Inuit people of the great white north!

Seriously, the Wikipedia article is more factual: Federal Reserve System - Wikipedia, the free encyclopedia

In particular: The Federal Reserve System's structure is composed of the presidentially appointed Board of Governors (or Federal Reserve Board), the Federal Open Market Committee (FOMC), twelve regional Federal Reserve Banks located in major cities throughout the nation, numerous privately owned U.S. member banks and various advisory councils.

 
C'mon Mr. Kunjuppu, this is total conspiracy theory! We all know that the shareholders of the Federal Reserve are the Inuit people of the great white north!

Seriously, the Wikipedia article is more factual: Federal Reserve System - Wikipedia, the free encyclopedia

In particular: The Federal Reserve System's structure is composed of the presidentially appointed Board of Governors (or Federal Reserve Board), the Federal Open Market Committee (FOMC), twelve regional Federal Reserve Banks located in major cities throughout the nation, numerous privately owned U.S. member banks and various advisory councils.


Dear Biswa and K:

I believe what Wiki says (given in post 2).

Like any other Central Bank in any country, FED is the creation of the US and is owned by the Govt.

US FED unlike the European Central Bank, is charged with the dual mandate of price stability AND economic growth. This they can achieve by manipulating its Balance Sheet which is not audited by anybody.

I believe that the Fed Chairman AND the President of the US (with his Sec of Treasury) can pump trillions of dollars into US economy w/o the Congress ever knowing it.

And, when the Congress is gridlocked even to pass a U$ 200 billion dollar Bill... LOL Is this not the Mother of All Ironies?

Tim Geithner and Ben Bernanke take lunch once in a week at the Fed Main Bldg, and they can conspire to do ANYTHING they want at the command of the President (with whom Tim lunches the previous day at the WH).

Thus, Fed and the US Treasury are the Partners in Crime of unimaginable proportion!

American public may not know this simple SECRET of our Political Life! LoL. Even if they do, SO WHAT?

Cheers.

:)

ps. Sometimes, the Sec of Treasury may not like the Fed Chairman and thus they may not be Partners in Crime! Fed can do on its own lot of things w/o the Treasury... but if they collude, synergy will be enormous! LOL. I hear Tim and Ben are like son and dad! :)
 
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