[Cboldt]

Despite the appearance created by this Senate approval the Fed remains a private entity, not subject to the legislature or executve branch.

What? I thought Federal Express was part of the government too! LOL.
It is interesting that the "private" nature of the Federal Reserve is not well-known.

[M-cubed]

It is interesting that the "private" nature of the Federal Reserve is not well-known.<<<

Isn't it though!!..especially after Kennedy tried to put us back in charge of our money system with EO 11110 ...http://www.fourwinds10.com/news/05-government/A-banking-irs/2003/05A-12-25-02-gold-and-economic-freedom.html ...The founding Fathers understood how fiat money robs the people...Hence ART1...SEC 8