Why Has The Federal Reserve Not Been Abolished Since It’s A Private Bank?
PR Specialists/Publicists working for the Banking Families; monitor sites and post erroneous information to confuse citizens, but the Federal “Reserve” is a Private Bank with a governing board “chosen” by Presidents who receive significant campaign contributions. The Federal Reserve actually has shareholders.
By the way people, the latest Banking crisis is NOT REAL. It’s just a scam to screw the little shareholders out of their stock and STEAL Tax Dollars (437$ Billion) a Day From The Voiceless Masses. The fall of those banks was intentional. You can’t honesty tell me those dandy investment bankers were idiots. This was no accident. Why were these institutions bankrupted and then bought out after the stockholders lost everything or simply bought outright for pennies, by some of the same institutions that own the Fed? WaMu, Bear Sterns, Wachovia, Merrill Lynch & Co.,Countrywide Financial Corp. are just a few of these companies that were “purchased”. In addition, with flat or declining wages in America and Inflation at 10%, you actually lose buying power (or money, depending on how look at it) when the bank only gives you 2.5%-5.0% from cash in your account, your still losing 5.0% of your assets(if you’re lucky).Then they lend your money right back to you on credit cards for 12%-18%. Loan sharks take less. Conspiracy is a term used to discredit individuals with factual information. I don’t believe in aliens or black helicopters. But these people are stealing from YOU: FACT. The “experts” who deny it are obviously serving your best interest. They have “advised” this economy exceptionally well don’t you think? How much is your house worth? If you buy a 200K house for 30years fixed, It actually costs you around 600K. And people wonder why they are poor? The Only Way To Get Rich, Is To Stay Away From Debt. You can rent a house, or you can “RENT” FROM THE BANK FOR MUCH MORE. Rent from a bank and they will let you paint that little fence and make improvements because they know after you lose your job of 10yrs, you lose that house. Did they really lose money? No, They already got their 200K back (mainly “Interest the first 15yrs on a mortgage”). Then they take your house. Pay cash for everything you can. Use the money you don’t need for bills and start a business, that way your capital is working for you.
On top of that the Politicians-Financed By Bankers, decide to absorb-socialize-take custody, whatever you want to http://successessay.co.uk/ call it, Freddie Mac and Fannie Mae with a combined 5.4 trillion in outstanding mortgage debt. What that means to you is this: You GET stuck with a whopping 5.4 Trillion in debt, plus the (700$ Billion-Bail-Out). Plus $ 437.53 Billion a day to keep financial companies afloat. These Banks/Insurance Companies lobbied for the removal of the Gramm-Leach-Bliley Act just in time.