The film brings out a document that supposedly shows that 53% of the ownership of the NY Fed branch was held by just 5 member banks. This is held as proof that evil corporations control the Fed. However, fed banks are not organized like traditional corporations, each member bank has only 1 vote regardless of how much stock they hold . You would need a controling interest in hundreds of banks to elcect your minions to the N.Y. Fed’s board of directors
The fact that these arrangements were made in secret/private and the law was passed while everyone was having holiday dinner while just a skeleton crew of congressmen was needed to pull it off should be enough for the last of those in denial to see the truth, finally. We live in a Fascist country, face it.
The film brings out a document that supposedly shows that 53% of the ownership of the NY Fed branch was held by just 5 member banks. This is held as proof that evil corporations control the Fed. However, fed banks are not organized like traditional corporations, each member bank has only 1 vote regardless of how much stock they hold . You would need a controling interest in hundreds of banks to elcect your minions to the N.Y. Fed’s board of directors
24seacloud 8 months ago
Comment removed
24seacloud 8 months ago
The fact that these arrangements were made in secret/private and the law was passed while everyone was having holiday dinner while just a skeleton crew of congressmen was needed to pull it off should be enough for the last of those in denial to see the truth, finally. We live in a Fascist country, face it.
Dr1Canuckchuck 11 months ago
The Federal Reserve has us on a chock hold.
dadoh10 1 year ago
Always knew US monetary system was an ass-wipe joke. Thanks for video
HGSpaceTime 1 year ago
Great information
sport142 2 years ago