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To: Hostage; hosepipe; Fan of Fiat
Uh huh... those with 'ownership' get a 6 percent dividend in a 'nonprofit' company they don't 'own'.

6% dividend? Wow, not much considering they get to print all the money. What about a share of the profits left over after the dividend is paid? Where does the rest of the money go?

So who best to ask about 'ownership' of the 'Federal' Reserve than the 'Federal' Reserve itself from their own website?

A clown like you who said it's owned by private individuals? LOL!

A clown like hosepipe who said it's majority owned by foreign bankers? LOL!

However, owning Reserve Bank stock is quite different from owning stock in a private company. The Reserve Banks are not operated for profit, and ownership of a certain amount of stock is, by law, a condition of membership in the System. The stock may not be sold, traded, or pledged as security for a loan; dividends are, by law, 6 percent per year.

My favorite kind of stock to own, one that I'm forced to buy, one that I can't sell, trade or pledge as security.

257 posted on 04/14/2007 10:35:34 PM PDT by Toddsterpatriot (Why are protectionists (and goldbugs) so bad at math?)
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To: Toddsterpatriot
[ A clown like hosepipe who said it's majority owned by foreign bankers? ]

That depends on the federal reserve bank (percentage of foreign ownership)
My point is that federal reserve Banks are NOT FEDERAL AT ALL.. but of private ownership.. Whoever owns the federal reserve OWNS America..

Thats why Central Banking Systems were fought tooth and nail most of this countrys history..

258 posted on 04/14/2007 10:58:41 PM PDT by hosepipe (CAUTION: This propaganda is laced with hyperbole....)
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To: Toddsterpatriot
[ However, owning Reserve Bank stock is quite different from owning stock in a private company. ]

Depends on the KIND of stock(6% or so).. some kinds of stock in those Banks YOU CANNOT BUY..

259 posted on 04/14/2007 11:01:19 PM PDT by hosepipe (CAUTION: This propaganda is laced with hyperbole....)
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