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Federal Reserve Chair question

1323 Views 7 Replies 6 Participants Last post by  texstephen
isn't the Fed a private company and not part of the US Govt? If so, why does the chair get appointed by the govt?
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This ^^^^


They pay to put people in power so that in turn
they can get whom ever they want to the run the FED
so people won't think twice.

It's the "I'll scratch your back if you scratch my back" policy.
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Because that's how the dog and pony show works.
Based on her past horrible decisions I'm visualizing printing presses run by capuchian monkeys going full blast to the accompaniment of circus music.
Check out this article:

http://www.factcheck.org/2008/03/federal-reserve-bank-ownership/

It explains the Fed nicely, including a quote from the Fed's own website. You can see how it is part of the govt, independent of the govt, and a puppet of the TBTF banks all rolled into one entity.

Totally shady.
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thanks all.

but I'm still unclear on the very specific mechanics, protocols, and rules. I guess I'm off to search for answers... when I get some time. off to work...
Just like the Post Office is a private company (but owned by the government). I think it is the other way around with the FED they own us it seems.
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