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To: SecondAmendment

The author of the article doesn’t realize that the “Federal Reserve” is a private corporation.

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There is a common misconception that the Federal Reserve System is privately owned. In fact, it combines public and private characteristics: The central governing board of the FRS is an agency of the federal government and reports to Congress. The Federal Reserve Banks that it oversees are set up like private corporations.


8 posted on 02/14/2024 5:13:02 AM PST by Bishop_Malachi (Liberal Socialism - A philosophy which advocates spreading a low standard of living equally.)
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To: Bishop_Malachi; SecondAmendment
The central governing board of the FRS is an agency of the federal government and reports to Congress.

There is an even more common misconception that we have a federal government.

What we have had since 1871 is a corporation, titled UNITED STATES. The President is its CEO.

Before DJT, POTUS was the same as the CIC.

This is why these days we feel like the House, the Sinate, the executive and the courts do not work for The People.

13 posted on 02/14/2024 5:44:28 AM PST by C210N (Mundus vult decipi, ergo decipiatur.)
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