April 18, 2007

The Federal Reserve

The Federal Reserve is not federal , but is a consortium of private central banks. The federal government does not own a single share, and none of us can buy a share of this--the most lucrative corporate stock in the world. Shares are held today by the heirs of the original 20 founding families. With profits exceeding 150 billion per annum, no corporation in the world comes anywhere close. The Federal Reserve is simply the single most impactful agency upon the U.S. economy and the world's principle engine for the mal-distribution of wealth.

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