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Yes, the Federal Reserve private since it is made up by PRIVATE BANKS.Run by private bankers. Certain things shouldn't be privatized. Prisons, elections, healthcare and why are we paying bankers interest on the debt? Let's manage it ourselves like we did before the 1913 federal reserve act?The Fed is a private entity...that is a fact. I thought it was a "gubermint" entity as well but I was wrong. BTW, your beloved "gubermint" is a corporate entity and the reasons as to why that is significant would probably be too much for you to comprehend.
The Fed is a private entity...that is a fact.
You might have a better case except for the fact that the US Treasury received $100 billion versus $1.7 billion for the "private owners".
BTW, your beloved "gubermint" is a corporate entity
Is my birth certificate pledged as collateral for a government loan?
Wait, people think The Federal Reserve is a government agency? I must be reading something wrong. It was authorized by congress to exists, but it is not a government agency.
Wait, people think The Federal Reserve is a government agency?
Only because it is.
It's another lie proving he's a con man. I don't think you could have picked a more horrible pick.
I am not bitching. I am trying to raise your awareness not to make a fool of yourself for all to see.The Federal Reserve is not a Government agency and it is not accountable to any branches of the U.S. Government...Run by private bankers. Certain things shouldn't be privatized. Prisons, elections, healthcare and why are we paying bankers interest on the debt? Let's manage it ourselves like we did before the 1913 federal reserve act?Wait, people think The Federal Reserve is a government agency? I must be reading something wrong. It was authorized by congress to exists, but it is not a government agency.
Wait, people think The Federal Reserve is a government agency?
Only because it is.
Gawd, you haven't a clue. The Fed is the US government, you're an idiot.
So seriously, you think they randomly set interest rates and government is just a victim?
Meanwhile, as I keep telling you, you clueless dork, Obama appoints their leaders, the senate confirms them, their "profits" all get paid into the treasury, government can remove them, they set US economic policy and monitary policy ...
... and you think they are independent. You're ... one ... stupid ... clueless ... fuck ...
The fed leaders are appointed, re-appointed by the President and confirmed by the Senate. Bitch much?
Yea well I'm tired of you intellectually dishonest conservatives. It took trump admitting he doesn't pay taxes for you to even admit the rich aren't paying their fair share. Told you so.He'd be an idiot to pay taxes he didn't have to. Even most Democrats aren't that stupid.
Run by private bankers. Certain things shouldn't be privatized. Prisons, elections, healthcare and why are we paying bankers interest on the debt? Let's manage it ourselves like we did before the 1913 federal reserve act?Interesting. Violence seems like a reasonable response.He's a nut on much more than just the Fed.
The Fed is a private entity...that is a fact. I thought it was a "gubermint" entity as well but I was wrong. BTW, your beloved "gubermint" is a corporate entity and the reasons as to why that is significant would probably be too much for you to comprehend.
The Fed is a private entity...that is a fact.
You might have a better case except for the fact that the US Treasury received $100 billion versus $1.7 billion for the "private owners".
BTW, your beloved "gubermint" is a corporate entity
Is my birth certificate pledged as collateral for a government loan?
Wait, people think The Federal Reserve is a government agency? I must be reading something wrong. It was authorized by congress to exists, but it is not a government agency.
Wait, people think The Federal Reserve is a government agency?
Only because it is.
You just MIGHT want to get your facts straight ----An initial $24 million loan and a job in daddy's real estate company. 8 bankruptcy laterThere are reasons Trump is rich and you're dependent on entitlements. Intelligence is likely one of them.In what fucking world would he "not have to pay taxes" with his income being in the stratosphere? I pay a shitload of taxes being self-employed, and I make only a fraction of what he earns. Me and my tax guy have tried everything to lower my tax bill, but there is only so much you can do -- I still end up owing a shit ton of money every year. How he is getting away with what he's doing is truly amazing, and likely criminal.
The rich thru lobbyists wrote those laws. A.L.E.C. wrote those loopholesYea well I'm tired of you intellectually dishonest conservatives. It took trump admitting he doesn't pay taxes for you to even admit the rich aren't paying their fair share. Told you so.He'd be an idiot to pay taxes he didn't have to. Even most Democrats aren't that stupid.
They are paying their fair share as determined by Congress and the President. That is why this whole discussion is BS. It's Congress and the President that are the problem, not the rich that follow the laws.
About most things I do not agree with Bobo but on the Fed he is in the right. The Fed is a private bank system. You guys need to look into the Fed before you post more shit about it. You cannot be more ill informed as you are at the present.
About most things I do not agree with Bobo but on the Fed he is in the right. The Fed is a private bank system. You guys need to look into the Fed before you post more shit about it. You cannot be more ill informed as you are at the present.
The Fed is a private bank system.
Nope.
Who owns the Federal Reserve?
The Federal Reserve System is not "owned" by anyone. Although parts of the Federal Reserve System share some characteristics with private-sector entities, the Federal Reserve was established to serve the public interest.
The Federal Reserve derives its authority from the Congress, which created the System in 1913 with the enactment of the Federal Reserve Act. This central banking "system" has three important features: (1) a central governing board--the Federal Reserve Board of Governors; (2) a decentralized operating structure of 12 Federal Reserve Banks; and (3) a blend of public and private characteristics.
The Board of Governors in Washington, D.C., is an agency of the federal government. The Board--appointed by the President and confirmed by the Senate--provides general guidance for the Federal Reserve System and oversees the 12 Reserve Banks. The Board reports to and is directly accountable to the Congress but, unlike many other public agencies, it is not funded by congressional appropriations. In addition, though the Congress sets the goals for monetary policy, decisions of the Board--and the Fed's monetary policy-setting body, the Federal Open Market Committe--about how to reach those goals do not require approval by the President or anyone else in the executive or legislative branches of government.
Some observers mistakenly consider the Federal Reserve to be a private entity because the Reserve Banks are organized similarly to private corporations. For instance, each of the 12 Reserve Banks operates within its own particular geographic area, or District, of the United States, and each is separately incorporated and has its own board of directors. Commercial banks that are members of the Federal Reserve System hold stock in their District's Reserve Bank. However, owning Reserve Bank stock is quite different from owning stock in a private company. The Reserve Banks are not operated for profit, and ownership of a certain amount of stock is, by law, a condition of membership in the System. In fact, the Reserve Banks are required by law to transfer net earnings to the U.S. Treasury, after providing for all necessary expenses of the Reserve Banks, legally required dividend payments, and maintaining a limited balance in a surplus fund.
FRB: Who owns the Federal Reserve?
About most things I do not agree with Bobo but on the Fed he is in the right. The Fed is a private bank system. You guys need to look into the Fed before you post more shit about it. You cannot be more ill informed as you are at the present.
The Fed is a private bank system.
Nope.
Who owns the Federal Reserve?
The Federal Reserve System is not "owned" by anyone. Although parts of the Federal Reserve System share some characteristics with private-sector entities, the Federal Reserve was established to serve the public interest.
The Federal Reserve derives its authority from the Congress, which created the System in 1913 with the enactment of the Federal Reserve Act. This central banking "system" has three important features: (1) a central governing board--the Federal Reserve Board of Governors; (2) a decentralized operating structure of 12 Federal Reserve Banks; and (3) a blend of public and private characteristics.
The Board of Governors in Washington, D.C., is an agency of the federal government. The Board--appointed by the President and confirmed by the Senate--provides general guidance for the Federal Reserve System and oversees the 12 Reserve Banks. The Board reports to and is directly accountable to the Congress but, unlike many other public agencies, it is not funded by congressional appropriations. In addition, though the Congress sets the goals for monetary policy, decisions of the Board--and the Fed's monetary policy-setting body, the Federal Open Market Committe--about how to reach those goals do not require approval by the President or anyone else in the executive or legislative branches of government.
Some observers mistakenly consider the Federal Reserve to be a private entity because the Reserve Banks are organized similarly to private corporations. For instance, each of the 12 Reserve Banks operates within its own particular geographic area, or District, of the United States, and each is separately incorporated and has its own board of directors. Commercial banks that are members of the Federal Reserve System hold stock in their District's Reserve Bank. However, owning Reserve Bank stock is quite different from owning stock in a private company. The Reserve Banks are not operated for profit, and ownership of a certain amount of stock is, by law, a condition of membership in the System. In fact, the Reserve Banks are required by law to transfer net earnings to the U.S. Treasury, after providing for all necessary expenses of the Reserve Banks, legally required dividend payments, and maintaining a limited balance in a surplus fund.
FRB: Who owns the Federal Reserve?
About most things I do not agree with Bobo but on the Fed he is in the right. The Fed is a private bank system. You guys need to look into the Fed before you post more shit about it. You cannot be more ill informed as you are at the present.
The Fed is a private bank system.
Nope.
Who owns the Federal Reserve?
The Federal Reserve System is not "owned" by anyone. Although parts of the Federal Reserve System share some characteristics with private-sector entities, the Federal Reserve was established to serve the public interest.
The Federal Reserve derives its authority from the Congress, which created the System in 1913 with the enactment of the Federal Reserve Act. This central banking "system" has three important features: (1) a central governing board--the Federal Reserve Board of Governors; (2) a decentralized operating structure of 12 Federal Reserve Banks; and (3) a blend of public and private characteristics.
The Board of Governors in Washington, D.C., is an agency of the federal government. The Board--appointed by the President and confirmed by the Senate--provides general guidance for the Federal Reserve System and oversees the 12 Reserve Banks. The Board reports to and is directly accountable to the Congress but, unlike many other public agencies, it is not funded by congressional appropriations. In addition, though the Congress sets the goals for monetary policy, decisions of the Board--and the Fed's monetary policy-setting body, the Federal Open Market Committe--about how to reach those goals do not require approval by the President or anyone else in the executive or legislative branches of government.
Some observers mistakenly consider the Federal Reserve to be a private entity because the Reserve Banks are organized similarly to private corporations. For instance, each of the 12 Reserve Banks operates within its own particular geographic area, or District, of the United States, and each is separately incorporated and has its own board of directors. Commercial banks that are members of the Federal Reserve System hold stock in their District's Reserve Bank. However, owning Reserve Bank stock is quite different from owning stock in a private company. The Reserve Banks are not operated for profit, and ownership of a certain amount of stock is, by law, a condition of membership in the System. In fact, the Reserve Banks are required by law to transfer net earnings to the U.S. Treasury, after providing for all necessary expenses of the Reserve Banks, legally required dividend payments, and maintaining a limited balance in a surplus fund.
FRB: Who owns the Federal Reserve?
At what time did he say the Fed is above the law?
About most things I do not agree with Bobo but on the Fed he is in the right. The Fed is a private bank system. You guys need to look into the Fed before you post more shit about it. You cannot be more ill informed as you are at the present.
The Fed is a private bank system.
Nope.
Who owns the Federal Reserve?
The Federal Reserve System is not "owned" by anyone. Although parts of the Federal Reserve System share some characteristics with private-sector entities, the Federal Reserve was established to serve the public interest.
The Federal Reserve derives its authority from the Congress, which created the System in 1913 with the enactment of the Federal Reserve Act. This central banking "system" has three important features: (1) a central governing board--the Federal Reserve Board of Governors; (2) a decentralized operating structure of 12 Federal Reserve Banks; and (3) a blend of public and private characteristics.
The Board of Governors in Washington, D.C., is an agency of the federal government. The Board--appointed by the President and confirmed by the Senate--provides general guidance for the Federal Reserve System and oversees the 12 Reserve Banks. The Board reports to and is directly accountable to the Congress but, unlike many other public agencies, it is not funded by congressional appropriations. In addition, though the Congress sets the goals for monetary policy, decisions of the Board--and the Fed's monetary policy-setting body, the Federal Open Market Committe--about how to reach those goals do not require approval by the President or anyone else in the executive or legislative branches of government.
Some observers mistakenly consider the Federal Reserve to be a private entity because the Reserve Banks are organized similarly to private corporations. For instance, each of the 12 Reserve Banks operates within its own particular geographic area, or District, of the United States, and each is separately incorporated and has its own board of directors. Commercial banks that are members of the Federal Reserve System hold stock in their District's Reserve Bank. However, owning Reserve Bank stock is quite different from owning stock in a private company. The Reserve Banks are not operated for profit, and ownership of a certain amount of stock is, by law, a condition of membership in the System. In fact, the Reserve Banks are required by law to transfer net earnings to the U.S. Treasury, after providing for all necessary expenses of the Reserve Banks, legally required dividend payments, and maintaining a limited balance in a surplus fund.
FRB: Who owns the Federal Reserve?
At what time did he say the Fed is above the law?
The Federal Reserve is not accountable to the U.S. government. Here is some educational material. Bernanke, a well known right wing propagandist is spreading lies about the Federal Reserve.
The Federal Reserve is not accountable to the U.S. government. Here is some educational material. Bernanke, a well known right wing propagandist is spreading lies about the Federal Reserve.
The Federal Reserve is not accountable to the U.S. government.
It's part of the government. Their officials have to testify before Congress.
Do you think someone would listen to that fat, smarmy fuck, Grayson, if it wasn't legally required? LOL!
Bernanke, a well known right wing propagandist is spreading lies about the Federal Reserve.
What lies was he spreading? Can you be specific?
About most things I do not agree with Bobo but on the Fed he is in the right. The Fed is a private bank system. You guys need to look into the Fed before you post more shit about it. You cannot be more ill informed as you are at the present.
The Fed is a private bank system.
Nope.
Who owns the Federal Reserve?
The Federal Reserve System is not "owned" by anyone. Although parts of the Federal Reserve System share some characteristics with private-sector entities, the Federal Reserve was established to serve the public interest.
The Federal Reserve derives its authority from the Congress, which created the System in 1913 with the enactment of the Federal Reserve Act. This central banking "system" has three important features: (1) a central governing board--the Federal Reserve Board of Governors; (2) a decentralized operating structure of 12 Federal Reserve Banks; and (3) a blend of public and private characteristics.
The Board of Governors in Washington, D.C., is an agency of the federal government. The Board--appointed by the President and confirmed by the Senate--provides general guidance for the Federal Reserve System and oversees the 12 Reserve Banks. The Board reports to and is directly accountable to the Congress but, unlike many other public agencies, it is not funded by congressional appropriations. In addition, though the Congress sets the goals for monetary policy, decisions of the Board--and the Fed's monetary policy-setting body, the Federal Open Market Committe--about how to reach those goals do not require approval by the President or anyone else in the executive or legislative branches of government.
Some observers mistakenly consider the Federal Reserve to be a private entity because the Reserve Banks are organized similarly to private corporations. For instance, each of the 12 Reserve Banks operates within its own particular geographic area, or District, of the United States, and each is separately incorporated and has its own board of directors. Commercial banks that are members of the Federal Reserve System hold stock in their District's Reserve Bank. However, owning Reserve Bank stock is quite different from owning stock in a private company. The Reserve Banks are not operated for profit, and ownership of a certain amount of stock is, by law, a condition of membership in the System. In fact, the Reserve Banks are required by law to transfer net earnings to the U.S. Treasury, after providing for all necessary expenses of the Reserve Banks, legally required dividend payments, and maintaining a limited balance in a surplus fund.
FRB: Who owns the Federal Reserve?
At what time did he say the Fed is above the law?
He said they were not accountable to Congress and the Feds relationship with the resident is meaningless.. Watch it again.
President Kennedy, The Fed And Executive Order 11110
President Kennedy, The Fed And Executive Order 11110
The Federal Reserve is not accountable to the U.S. government. Here is some educational material. Bernanke, a well known right wing propagandist is spreading lies about the Federal Reserve.
The Federal Reserve is not accountable to the U.S. government.
It's part of the government. Their officials have to testify before Congress.
Do you think someone would listen to that fat, smarmy fuck, Grayson, if it wasn't legally required? LOL!
Bernanke, a well known right wing propagandist is spreading lies about the Federal Reserve.
What lies was he spreading? Can you be specific?
Bernanke couldn't be specific.
In fact, he seemed to be shitting in his pants.
The Federal Reserve is not accountable to the U.S. government. Here is some educational material. Bernanke, a well known right wing propagandist is spreading lies about the Federal Reserve.
The Federal Reserve is not accountable to the U.S. government.
It's part of the government. Their officials have to testify before Congress.
Do you think someone would listen to that fat, smarmy fuck, Grayson, if it wasn't legally required? LOL!
Bernanke, a well known right wing propagandist is spreading lies about the Federal Reserve.
What lies was he spreading? Can you be specific?
About most things I do not agree with Bobo but on the Fed he is in the right. The Fed is a private bank system. You guys need to look into the Fed before you post more shit about it. You cannot be more ill informed as you are at the present.
The Fed is a private bank system.
Nope.
Who owns the Federal Reserve?
The Federal Reserve System is not "owned" by anyone. Although parts of the Federal Reserve System share some characteristics with private-sector entities, the Federal Reserve was established to serve the public interest.
The Federal Reserve derives its authority from the Congress, which created the System in 1913 with the enactment of the Federal Reserve Act. This central banking "system" has three important features: (1) a central governing board--the Federal Reserve Board of Governors; (2) a decentralized operating structure of 12 Federal Reserve Banks; and (3) a blend of public and private characteristics.
The Board of Governors in Washington, D.C., is an agency of the federal government. The Board--appointed by the President and confirmed by the Senate--provides general guidance for the Federal Reserve System and oversees the 12 Reserve Banks. The Board reports to and is directly accountable to the Congress but, unlike many other public agencies, it is not funded by congressional appropriations. In addition, though the Congress sets the goals for monetary policy, decisions of the Board--and the Fed's monetary policy-setting body, the Federal Open Market Committe--about how to reach those goals do not require approval by the President or anyone else in the executive or legislative branches of government.
Some observers mistakenly consider the Federal Reserve to be a private entity because the Reserve Banks are organized similarly to private corporations. For instance, each of the 12 Reserve Banks operates within its own particular geographic area, or District, of the United States, and each is separately incorporated and has its own board of directors. Commercial banks that are members of the Federal Reserve System hold stock in their District's Reserve Bank. However, owning Reserve Bank stock is quite different from owning stock in a private company. The Reserve Banks are not operated for profit, and ownership of a certain amount of stock is, by law, a condition of membership in the System. In fact, the Reserve Banks are required by law to transfer net earnings to the U.S. Treasury, after providing for all necessary expenses of the Reserve Banks, legally required dividend payments, and maintaining a limited balance in a surplus fund.
FRB: Who owns the Federal Reserve?
At what time did he say the Fed is above the law?
Watch Bernanke telling Grayson that the money the Fed printed just "disappeared" to somewhere in Europe on the second video.
