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Saturday, 05/26/2007 8:58:38 PM

Saturday, May 26, 2007 8:58:38 PM

Post# of 29692
$5 billion and the Fed Reserve.

http://www.infowars.com/articles/iraq/iraq_deposits_5_billion_into_us_fed_reserve.htm
Taylor said the five billion dollars had built up from the currency transactions since the introduction of the new Iraqi dinar.

http://www.iraqdevelopmentprogram.org/idp/news/new680.htm
He said the dollars had been accumulated by the Iraqis since the creation of the new Iraqi dinar and not sold to them by Washington.

http://en.wikipedia.org/wiki/Federal_Reserve_System

The 12 regional Federal Reserve Banks (not to be confused with the "member banks"), which were established by Congress as the operating arms of the nation's central banking system, are organized much like private corporations—possibly leading to some confusion about “ownership.” For example, the Reserve Banks issue shares of stock to "member banks." 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 by a "member bank" is, by law, a condition of membership in the system

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