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04-11-2007, 07:49 AM #11
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This would certainly explain why we Americans haven't been able to control our own government.
All the elite and wealthy people in our country form their own little click that you can not get into. Even if you win the lottery, managed to earn a billion you still won't be a part of that group.
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04-11-2007, 09:10 AM #12
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Originally Posted by Cindy
Anyone interested in the topic may want to check out this link.
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04-11-2007, 09:28 AM #13
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Wikipedia.com leans one way.
Conservapedia.com leans the other way. It's definition of the Fed. Res. is brief:
The Federal Reserve (also known as The Fed) is a central bank that controls the monetary system of the United States. Although it acts with the authority of the government, the Federal Reserve is not an official government agency. It was established by President Woodrow Wilson in 1914. Although the Constitution says that only Congress has the authority to print money, the Federal Reserve issues currency that is not based on the original gold standard.[1]
The Federal Reserve is headed by a Board of Governors and a Chairman. The current Chairman is Ben Bernanke, his predecessor was Alan Greenspan. The Fed was originally conceived by an organization called the "Money Trust", composed of the richest and most powerful bankers in the world. Their ultimate goal was to control America's monetary system so that it is easier to incorporate the country into a one world government.[1]
The main job of the Federal Reserve is to control inflation by regulating the free market.[2]THE POOR ILLEGAL IMMIGRANT IN MY AVATAR CROSSED OVER THE WRONG BORDER FENCE!!!
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04-11-2007, 11:49 AM #14
Those who own the banks and peoples of Europe, own the same here.
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