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Who Owns The Federal Reserve?

Who Owns The Federal Reserve? | Global Research
Via globalresearch.ca » Submitted On Wed, 01/30/2013 - 6:43pm by 六十四 Cerca

Who Owns The Federal Reserve? The Fed is privately owned. Its shareholders are private banks "Some people think that the Federal Reserve Banks are United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders."

The Federal Reserve (or Fed) has assumed sweeping new powers in the last year. In an unprecedented move in March 2008, the New York Fed advanced the funds for JPMorgan Chase Bank to buy investment bank Bear Stearns for pennies on the dollar. The deal was particularly controversial because Jamie Dimon, CEO of JPMorgan, sits on the board of the New York Fed and participated in the secret weekend negotiations.1 In September 2008, the Federal Reserve did something even more unprecedented, when it bought the world’s largest insurance company. The Fed announced on September 16 that it was giving an $85 billion loan to American International Group (AIG) for a nearly 80% stake in the mega-insurer. The Associated Press called it a “government takeover,” but this was no ordinary nationalization. Unlike the U.S. Treasury, which took over Fannie Mae and Freddie Mac the week before, the Fed is not a government-owned agency. Also unprecedented was the way the deal was funded. The Associated Press reported:

Comments

Who started it,when did it start and for what reasons and what state or island did it start on?

1 year 2 months ago

1913 is when this coupe was orchestrated. It was a secret meeting down on one Island in GA. They even added the passenger car with the perpetrators on board so no-one could see who was on board.

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1 year 2 months ago
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I believe now that these swindlers are planning on becoming unimaginably wealthy and powerful using the People as the indentured servants. And crashing the economy in a move to buy up all the property and force the people off of the land.

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1 year 2 months ago
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