Replies to post #38342 on FOREX TRADERS

[Relentless Despot]

an act of Congress

???
The bill was not written by anyone in congress, and it was voted in in much the fashion we see today... It wasn't read.

The Fed entails government involvement in a massive way. Without the special monopoly privileges legislated by Congress that sustain the Fed, it disappears.

Should be fairly easy to simply audit the FED then...
oops.

Much of the reasoning behind the mistaken notion that the Federal Reserve is a private corporation lies in court cases such as LEWIS vs. United States on June 24, 1982. In that case, the 9th Circuit Court ruled: "We conclude that the [Federal] Reserve Banks are not federal...but are independent, privately owned...corporations...without day to day direction from the federal government."

There are numerous cases like this where the courts have ruled that the Reserve Banks of the System are privately owned and controlled corporations.

Then the nitwit goes on to say just because a half dozen cases say its so doesn't make it so...
Evidence to support his notion?
Nothing more than opinion...

Like I said... Propaganda aimed at keeping the notion of a central banking cartel firmly in grip of each of our lives.
It is a truly weak attempt at silencing the growing knowledge of just who is holding the reigns, and where our tax dollars go.

[Ataglance2]

it defiantly opened my eyes...
it make all my puzzle pieces fit nicely too.
;)