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To: opentalk

Yes, we know the Federal Reserve but it is not an agency, it is a private company and treated as a agency that has destroyed not helped the economy.

I heard a presentation last week that their charter ends at the end of this year and they my just dissolved and have the American taxpayer pick up all the paper and debt while they walk away with all the profits and money.


2 posted on 07/14/2013 7:02:45 AM PDT by edcoil ("The cave you fear to enter holds the treasure you seek." Joseph Campbell)
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To: edcoil

You may want to read “End the Fed” by Ron Paul (available in paperback). It chronicles and exposes the national consequences of Fed manipulation. An eye opening book for sure.


9 posted on 07/14/2013 7:18:12 AM PDT by Starboard
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To: edcoil
Yes, we know the Federal Reserve but it is not an agency, it is a private company

Part of the government, not private.

I heard a presentation last week that their charter ends at the end of this year

No.

and they my just dissolved and have the American taxpayer pick up all the paper and debt while they walk away with all the profits and money.

The Fed gives their profit, after expenses, to the Treasury. About $90 billion last year.

26 posted on 07/14/2013 10:29:58 AM PDT by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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