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To: Errant
There are actually 12 different Federal Reserve Banks around the country, and they are owned by big private banks."

That's funny. What percentage of total profits do the "owners" get?

As the saying goes, the Fed is no more Federal than Federal Express...

Federal Express wasn't created by the government, doesn't give 95% of profits to the government. It's a stupid saying.

54 posted on 12/25/2013 2:35:03 PM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: Toddsterpatriot
What percentage of total profits do the "owners" get?

I hear shares of the "loot" are determined by the assests held/owned by each member bank, which I do find a strange way of dividing up "loot". More questions: How are value of assets determined, audited, and etc.?

56 posted on 12/25/2013 2:40:01 PM PST by Errant
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To: Toddsterpatriot
Federal Express wasn't created by the government...

It was "created" by the government (finish reading Griffin's book). It just isn't "owned" by the government, as you keep insisting.

58 posted on 12/25/2013 2:43:06 PM PST by Errant
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