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To: Captain Kirk
Agree that the Fed is not your ordinary bank....it has some "superpowers" because of the US Federal Reserve Act AND the fact that the dollar is the world's reserve currency per Bretton Woods. (sp?)

However, it is not owned by the US government. It is owned by private parties.

23 posted on 10/21/2011 12:20:53 PM PDT by RepRivFarm ("During times of universal deceit, telling the truth becomes a revolutionary act." -George Orwell)
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To: RepRivFarm

Ownership in what sense? Can they sell or transfer this ownership to someone else? Can they file for bankruptcy? If not, ownership is a fiction, even more so that the head of state powers of Queen Elizabeth II.


26 posted on 10/21/2011 1:43:56 PM PDT by Captain Kirk
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