Sour Wreck
Well-Known Member
The Federal Reserve Banks are not a part of the federal government, but they exist because of an act of Congress. ... While the Board of Governors is an independent government agency, the Federal Reserve Banks are set up like private corporations. Member banks hold stock in the Federal Reserve Banks and earn dividends.The Federal Reserve Banks are not owned by the federal government, they are a corporate entity. The Federal Reserve is an agency of the federal government to oversea the Federal Reserve Banks. Though the confusion for many lies in the fact that the Federal Reserve Banks must act like a federal agency as they are not driven by profit and are run by the people (for the people).
owners:
The Four Horsemen of Banking (Bank of America, JP Morgan Chase, Citigroup and Wells Fargo) own the Four Horsemen of Oil (Exxon Mobil, Royal Dutch/Shell, BP Amoco and Chevron Texaco); in tandem with Deutsche Bank, BNP, Barclays and other European old money behemoths.
i seriously doubt if these people have anything in mind, but money.