Anyone who thinks the Fed isn't an agency of the Federal Government isn't playing with a full deck.
ML/NJ
The Fed is a level above the Federal Government. Everything they do is in their best interest, not in the Federal government’s and not in the American people’s best interest. They could keep every penny that the government creates through the treasury from ever seeing the light of day if they wanted. Their ability to control the money in the economy trumps the Federal government every time. It is more like the Fed allows the government to spend money, they are the wizard behind the make believe money that we operate on.
When the organization committee shall have established Federal reserve districts as provided in section two of this Act, a certificate shall be filed with the Comptroller of the Currency showing the geographical limits of such districts and the Federal reserve city designated in each of such districts. The Comptroller of the Currency shall thereupon cause to be forwarded to each national bank located in each district, and to such other banks declared to be eligible by the organization committee which may apply therefor, an application blank in form to be approved by the organization committee, which blank shall contain a resolution to be adopted by the board of directors of each bank executing such application, authorizing a subscription to the capital stock of the Federal reserve bank organizing in that district in accordance with the provisions of this Act.
http://www.federalreserve.gov/aboutthefed/section4.htm
Do you know what a stock subscription agreement is?
The Federal Reserve Corporation of Puerto Rico is a PRIVATELY HELD Corporation, It is not in any way a Government Entity. The President can appoint the Fed Chairman and thats all, All properties owned by the Federal Reserve Corporation of Puerto Rico pays Property Taxes.
I read the creature from jekyl island when it came out
A case against the Fed by Murray Rothbard is an easy read for those wishing to start.