[quote=SK in CV]Investor, is it your assertion that those same families, the Warburgs, the Rockefellers and the Rothchilds still have significant ownership and control of the Fed? What about the ownership interests of the roughly 3,000 other federally chartered banks and state banks which also have interests? What about the current 5 member board of governors, 4 of which were appointed by President Bush and approved by congress? What about the Open Market Committee, made up of those same members along with reps from the 12 regional banks? Do they not exercise autority independently of those claimed founding members?
Yes, the author of the creature book says that all of that is covering up the true power in the federal reserve. Whomever gets appointed by the president/congress comes from the federal reserve people. The presiden/congress rubber stamps the chairman/ commitee members since they are persented to them by the fed. Ask yourself. Who controls a company. The CEO/CFO or the board? I know it sounds like a crazy conspiracy theory. I have read many books on this and related subjects. All I can say is read about this, starting with the “creature from jekyll island”.
Unless you believe that current control and ownership of those entities is significantly different from their public pronouncements, who promoted the formation of the fed is incidental.
As an aside, I don’t see where you pointed out how our money system works, only that the fed has a nefarious history.[/quote]