Who could ever doubt a paper by:
I'm not sure how accurate the below is now, since it was created in 1976, but I trust it a lot more than something put out by some "progressive" group.
Who could ever doubt a paper by:
I'm not sure how accurate the below is now, since it was created in 1976, but I trust it a lot more than something put out by some "progressive" group.
Nutcase cr*p.
That chart is completely false. It’s laughable.
The Board of Governors is made up by Presidential appointees. Nobody “owns” them.
The federal reserve banks legally are owned by the banks that put capital into them. But it’s a largely symbolic ownership. They get 6% return on their capital investment each year. But the voting rights are not tied to the amount of capital they put in.
Each member bank of a district gets 1 and only 1 vote in control of that district’s Reserve bank. That vote elects directors of the Reserve banks board of Directors. However 1/3 of the board of directors are appointed by the Board of Governors (who are all presidential appointees). The other 2/3s of the board of directors are elected by the member banks of that district. But half of those directors can’t come from the banking industry. They have to represent the major banking customers in the district.
So for anyone to control or even influence even a single one of the Federal Reserve banks, they would have to own hundreds of member banks. And the member banks membership is public information. Any major stock holders of the banks are listed in the SEC filings. And when you look at them, you don’t see hardly any foreigners listed, and you don’t see the Rothchilds.
Your chart is a complete fabrication.
LOL! That’s hilarious.
It’s mighty funny the fed can’t cough up Germanys gold and it’s funny the fed conned countries in WW2 to send their gold to the US so the fed could steal it like they did.The fed is great at one thing!STEALING!