Replies to post #4655 on NO QUARTER FOR CORRUPTION (Focussing on The Fed./F

[bartermania]

ibox/material/edit: Today however, the FED, which is a privately owned company, controls and profits by printing money through the Treasury, and regulating its value.

The FED banking system collects billions of dollars (Reference 8, 17) in interest annually and distributes the profits to its shareholders. The Congress illegally gave the FED the right to print money (through the Treasury) at no interest to the FED. The FED creates money from nothing, and loans it back to us through banks, and charges interest on our currency. The FED also buys Government debt with money printed on a printing press and charges U.S. taxpayers interest. Many Congressmen and Presidents say this is fraud (Reference 1,2,3,5,17).
by Thomas D. Schauf