Who owns the Federal Reserve Bank? From what I understand, it is as "Federal" as Federal Express.?
Asked By: David G - 7/6/2008
Best Answer - Chosen by Asker
Gray Shadow's inevitable cut-and-paste answer is expected on any question about the Federal Reserve. It's just a very long-winded way of cherrypicking bits and pieces of truth, while selectively leaving out important information, in order to deceive. While some of his facts are (technically) correct, the information he... More
Answered By: Oishi - 7/7/2008
Additional Answers (6)
The Federal Reserve Bank is a part of the Federal Government...it has nothing to do with Federal Express...Fed Ex is a privately owned shipping company. For more info on The Federal Reserve Bank (or The Fed as it is commonly called) please go here: http://www.federalreserve.gov/
Answered By: Rachellewms - 7/6/2008
The Federal Reserve System is a congressionally-chartered agency like the USPS and NASA. It is organized with a 100% government agency at the top (the Board of Governors), branches beneath them that are organized like corporations with member banks as shareholders.(Ref: http://www.federalreserveeducation.org/fed101/... More
Answered By: gray shadow - 7/6/2008
It is owned by the 16 federal reserve banks. The congress and government have no say in it's operations though the Fed must report to congress each year it has never been subject to an independent audit... More
Answered By: Sam F - 7/6/2008
It is owned by David Rockefeller and Nathan Rothschilde. The President appoints Chairmn and Congress either agrees or disagrees with these selections. Then the Fed who does what they feel necessary to either rob us or help us. All power corrupts, what do you think they are doing? They independently control our... More
Answered By: flercemel0n - 7/7/2008
Oishi is the educated one on this subject. And I believe he has earned the "best answer". However as a supplement to his answer... More
Answered By: Free-thinking Patriot - 7/7/2008
Who owns the Federal Reserve? Well, it has stockholders, like a corporation. The stockholders are very large international banks... More
Answered By: iraqisax - 7/7/2008
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