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View Full Version : FED: Why media is talking about the FED being private? Change?




rpfan2008
05-13-2009, 04:56 AM
YouTube - Don't Panic! Oh BTW, the New York Fed is Private - in MSM! (http://www.youtube.com/watch?v=S76HHmprRbc)

This vid questions, doesn't provide the answer. So far only AJ has a theory for this- A Global FED.

http://www.bloomberg.com/apps/news?pid=20601103&sid=avjlPu.bRVmk&refer=news


The trustees -- Jill Considine, Chester Feldberg and Douglas Foshee -- were appointed in January by the New York Fed, a private institution owned by member banks, which has the power to overturn some of their decisions and to remove them. Edolphus Towns, a New York Democrat who chairs the House Committee on Oversight and Reform that will hold hearings tomorrow, said he’s concerned that the interests of AIG’s customers and trading partners may outweigh those of taxpayers.

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I recommend subscribing to his channel.

acptulsa
05-13-2009, 06:09 AM
For one thing, we gave them no choice. They can admit that it's a privately owned bank, or they can admit they're baldfaced liars. They already have enough trouble trying to deny the latter as it is.