Zeitgeist - The Federal Reserve (part 3 of 5)

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Facts about The Fed:

1) Federally organized

2) Federally regulated

3) Federally funded

4) Federal Instrumentality for State Taxes

5) Federal Instrumentality for Service Contract Act

6) Created by Congress

7) Can be dissolved by Congress

8) Board of Governors appointed by the President

9) Chairman appointed by the President