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To: dennisw
At the bottom of that article:

Conclusion

It does not appear that the New York Federal Reserve Bank is owned, either directly or indirectly, by foreigners. Neither Mullins nor Kah provided verifiable sources for their allegations, nor did their mysterious sources agree on exactly who owns the New York Federal Reserve Bank. Moreover, their central assumption that control of the New York Federal Reserve is the same as control of the whole System is wrong and demonstrates a lack of understanding of the System's basic organizational structure. The profits of the Federal Reserve System, again contrary to the assertion of Kah and Schauf, are funneled back to the federal government, not to an "international banking elite." If the U.S. central bank is in the grip of a banking conspiracy, then Mullins and Kah have certainly not uncovered it.

18 posted on 10/10/2012 7:22:57 AM PDT by pilipo (GOP=Gutless Old Party)
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To: pilipo

NY Branch Federale Reserve is as powerful as the DC headquarters. They don’t operate against their member stock holding banks who are....... see if you can find a list and how much stock each owns. The NY Federale does not publish this or want it known (so it seems)`


19 posted on 10/10/2012 12:18:43 PM PDT by dennisw (Government be yo mamma - Re-elect Barack Obama)
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