Is the Federal Reserve privately owned?

[OTHstrong]

So you dont know who owns it yet you claim it's privately owned?

Does anyone know who owns it?

FFS seriously you are relentlessly dumb and no I am not beefing with you.

When people say privately owned they don't mean actually owned, they mean is it controlled by the government or not, ''privately owned is a term. It is a group that make decisions like the US Senate or like The Vatican, there is no such a thing as an owner. There is stocks owned by people and corporations but not an individual ownership just control.

[Tedim]

The Federal Banking Agency Audit Act, enacted in 1978 as Public Law 95-320 and 31 U.S.C. section 714 establish that the Board of Governors of the Federal Reserve System and the Federal Reserve banks may be audited by the Government Accountability Office (GAO).[40] The GAO has authority to audit check-processing, currency storage and shipments, and some regulatory and bank examination functions, however there are restrictions to what the GAO may audit. Audits of the Reserve Board and Federal Reserve banks may not include:

transactions for or with a foreign central bank or government, or nonprivate international financing organization;

deliberations, decisions, or actions on monetary policy matters;

transactions made under the direction of the Federal Open Market Committee; or
a part of a discussion or communication among or between members of the Board of Governors and officers and employees of the Federal Reserve System related to items (1), (2), or (3).

So really they can audit.......Nothing of importance.

[ukjeff]

FFS seriously you are relentlessly dumb and no I am not beefing with you.

When people say privately owned they don't mean actually owned, they mean is it controlled by the government or not, ''privately owned is a term. It is a group that make decisions like the US Senate or like The Vatican, there is no such a thing as an owner. There is stocks owned by people and corporations but not an individual ownership just control.

So the answer to the OP is "No"
I dont know why it took 6 pages to get there.

[OTHstrong]

So the answer to the OP is "No"
I dont know why it took 6 pages to get there.

If you want to get technical, but you know full well that is not what he meant, stop playing dumb, what he meant is; does the government run it or do the rich bankers run it" and the answer is ''privately owned'' as in the term ''privately owned'' not literally owned like the way someone would own a store.

[ukjeff]

So the federal reserve that deals with the issue and control of currency is run and controlled by bankers.

I fail to see the issue?

[OTHstrong]

So the federal reserve that deals with the issue and control of currency is run and controlled by bankers.

I fail to see the issue?

Troll some more, I guess we are back to square one right? fine with me. 

[ukjeff]

Im not trolling you, Im trying to find out if the FED was owned by anyone, I couldn't find any evidence myself so I asked questions.
It appears after all the back and forth it isn't owned after all.

So now the question remains who better to run the federal reserve bank than bankers.

Stop taking it personal
And try and think for yourself rather than being influenced by others.   

[Tedim]

Troll some more, I guess we are back to square one right? fine with me. 

You can't undo ukjeff's Stockholm syndrome in one sitting on GetBig....and honestly I wouldn't expect a queen lover to understand.

[OTHstrong]

Im not trolling you, Im trying to find out if the FED was owned by anyone, I couldn't find any evidence myself so I asked questions.
It appears after all the back and forth it isn't owned after all.

So now the question remains who better to run the federal reserve bank than bankers.

Stop taking it personal
And try and think for yourself rather than being influenced by others.   

I am not being influenced by anyone and I seriously am thinking you are trolling cause you only made me repeat myself ten times

[Tedim]

Im not trolling you, Im trying to find out if the FED was owned by anyone, I couldn't find any evidence myself so I asked questions.
It appears after all the back and forth it isn't owned after all.

So now the question remains who better to run the federal reserve bank than bankers.

Stop taking it personal
And try and think for yourself rather than being influenced by others.   

Fed is owned my intelligent mice created after eating GMO foods....I have proof but you have to be bottomed by Tbombz's for me to show you....it's a security measure created by GetBigs secret WEJ society.

[ukjeff]

You can't undo ukjeff's Stockholm syndrome in one sitting on GetBig

That works both ways.
Are you a member on David Ickes forum?

[OTHstrong]

Im not trolling you, Im trying to find out if the FED was owned by anyone, I couldn't find any evidence myself so I asked questions.
It appears after all the back and forth it isn't owned after all.

So now the question remains who better to run the federal reserve bank than bankers.

Stop taking it personal
And try and think for yourself rather than being influenced by others.   

Now to answer your question. The government would run it better obviously cause they would monitor it better and only a few million would go missing here and there versus trillions that have gone missing in the hands of the bankers

[Tedim]

That works both ways.
Are you a member on David Ickes forum?

Sleep......the federal reserve is government and it loves you, be happy....sleep sleep sleeeeeeeeeep

[King Shizzo]

Look at Irongrip!! Another 100+ thread? Father is proud 

[Mr Nobody]

They don't lift.

[quadzilla456]

hey you moron, no foreign bank own an fed reserve bank

Hey dumb fuck stick, isn't there a filthy whore from Nigeria that should be sucking your little dick right now? Leave this conversation to grownups. You act like you're part of the elite club when you're not. Stop trying to defend the scum.

[quadzilla456]

so, the american govt is severly overspending and taking loans for that, the american population caused a housing bubble, and many are in debt, living on debt.

and somehow, in the land of the alegedly self responsible with best form of governance, the people blame the fedral reserve.

now ive heard it all.

You don't know what you're talking about.

"Clinton, however, sowed the seeds of the Great Recession by helping to inflate the housing bubble, a key part of the financial debacle of 2007. But this wasn’t because he (not George W. Bush) signed two financial deregulation bills. Although Clinton legalized interstate banking in 1994 and commercial/investment banking combinations in 1999, that had nothing to do with the meltdown.

Then why is Clinton culpable? Because his secretary of housing and urban development, Andrew Cuomo, current governor of New York and a likely 2016 presidential aspirant, accelerated easy-housing policies and inflated the housing bubble, setting the stage for its collapse."

http://reason.com/archives/2012/10/14/clintons-legacy-the-financial-and-housin

[ukjeff]

Now to answer your question. The government would run it better obviously cause they would monitor it better and only a few million would go missing here and there versus trillions that have gone missing in the hands of the bankers

The government would run it better by only syphoning off a few million as opposed to a trillion???
Are you sure about that, when "people" get involved its only a matter of time before greed gets the better of them.(Google Ring of Gyges)
Strange you accept the government being corrupt (but only a bit) but not the bankers.
Galeniko is right, its the greed of the people that gets a countries finances in the mire.
Oh and the good old USA is one of the most powerful countries in the financial world, with one of the highest standars of living, hardly seems possible that they are not "doing it right" does it.

And as for the "inevitable collapse" you seem to think these guys are clever and stupid all at the same time, clever enough to steal trillions of dollars and dumb enough to let it collapse and make their trillions worthless.

[OTHstrong]

The government would run it better by only syphoning off a few million as opposed to a trillion???
Are you sure about that, when "people" get involved its only a matter of time before greed gets the better of them.(Google Ring of Gyges)
Strange you accept the government being corrupt (but only a bit) but not the bankers.
Galeniko is right, its the greed of the people that gets a countries finances in the mire.
Oh and the good old USA is one of the most powerful countries in the financial world, with one of the highest standars of living, hardly seems possible that they are not "doing it right" does it.

And as for the "inevitable collapse" you seem to think these guys are clever and stupid all at the same time, clever enough to steal trillions of dollars and dumb enough to let it collapse and make their trillions worthless.

Can you possibly get any dumber

Seriously   you just showed the entire world here that your I q is that of a peanut.

 Their money does not stay in America you imbecile it gets put to use in banks around the World, in the industrial complex and the mining of commodities. Only a fucken retard would leave a billion dollars in a US bank if the economy is going to collapse. They would convert their funds to euro's or Yens or anything but US currency, better yet they will convert their money to gold, either way there is a million ways around this you complete imbecile, sorry but your post was on par with that of A GRADE 3

[OTHstrong]

Now as far the government doing it better, of course they would not get away with as much. People scheme off the top of course that will never change but now there would be consequences, jail time for fraud and 100 times more paper trail then there is today with the bankers running the show. Yes millions will be lost, that is unavoidable but a small fraction only of what the bankers take now.

UKJEFF do us a favor and stay out of this, you are the least knowledgeable with this and have NO CLUE WHATSOEVER of what you are talking about, let the big boys talk


Oh BTW I don't accept either being corrupt you ding dong but it's called ''picking the lesser of 2 evils"

[cswol]

http://www.infowars.com/world-bank-insider-blows-whistle-on-corruption-federal-reserve/   federal reserve privately owned, one of elite bankers blows cover

[avxo]

What a fun thread... who'd have thought that so many people would have an IQ equivalent to "sloughed off hemorrhoid"! And on the Internet of all places!