15-09-2014, 05:09 PM
While I agree with you David, that the info in those charts is not the most accurate, one needs to ask WHO OWNS THE MEMBER BANKS...
that article you linked to reads like a FRB propaganda commercial...
"Let's also not forget the primary purpose of the Fed. Remember, the Fed exists to serve the payments system. This means it is a supporter of the US banking system. Before it can ever achieve its dual mandate on price stability and full employment the Fed must ensure the payments system is healthy. Therefore, the Fed is often viewed as a servant to the banking system while also trying to be a public purpose servant. It has, in effect, two masters by design."
When in fact the primary purpose of the Fed was to control the money supply, pure and simple. To insure that with every dollar in circulation a ROI is provided to these bankers and lawyers.... If one was to compare the ownership of these banks with those manipuolating the CFR with the greatest effectiveness, the lists would be virtually identical.
I found this image of the First Fed Board... http://www.federalreservehistory.org/People
Why We Started
During the 19th and early 20th century, financial panics and bank runs plagued our nation. The Panic of 1907 prompted Americans to call for a central bank. In response, Congress passed the Federal Reserve Act, which President Woodrow Wilson signed into law on December 23, 1913, to provide our nation with a more stable and secure monetary and financial system...
That "bullsh!t" hairball is still stuck in the collective throats of the US people....
that article you linked to reads like a FRB propaganda commercial...
"Let's also not forget the primary purpose of the Fed. Remember, the Fed exists to serve the payments system. This means it is a supporter of the US banking system. Before it can ever achieve its dual mandate on price stability and full employment the Fed must ensure the payments system is healthy. Therefore, the Fed is often viewed as a servant to the banking system while also trying to be a public purpose servant. It has, in effect, two masters by design."
When in fact the primary purpose of the Fed was to control the money supply, pure and simple. To insure that with every dollar in circulation a ROI is provided to these bankers and lawyers.... If one was to compare the ownership of these banks with those manipuolating the CFR with the greatest effectiveness, the lists would be virtually identical.
I found this image of the First Fed Board... http://www.federalreservehistory.org/People
Why We Started
During the 19th and early 20th century, financial panics and bank runs plagued our nation. The Panic of 1907 prompted Americans to call for a central bank. In response, Congress passed the Federal Reserve Act, which President Woodrow Wilson signed into law on December 23, 1913, to provide our nation with a more stable and secure monetary and financial system...
That "bullsh!t" hairball is still stuck in the collective throats of the US people....
Once in a while you get shown the light
in the strangest of places if you look at it right..... R. Hunter
in the strangest of places if you look at it right..... R. Hunter

