Fed Ed

The Federal Reserve System was created via the Federal Reserve Act of December 23rd, 1913.<13> The Reserve Banks opened for business on November 16th, 1914. Federal Reserve Notes were created as part of the legislation, to provide a supply of currency. The notes were to be issued to the Reserve Banks for subsequent transmittal to banking institutions. The various components of the Federal Reserve System have differing legal statuses.

The Federal Reserve System (also the Federal Reserve; informally The Fed) is the central banking system of the United States.
The Federal Reserve System is a quasi-governmental/quasi-private banking system composed of (1) the presidentially-appointed Board of Governors of the Federal Reserve System in Washington, D.C.; (2) the Federal Open Market Committee; (3) 12 regional Federal Reserve Banks located in major cities throughout the nation acting as fiscal agents for the U.S. Treasury, each with their own nine-member board of directors; (4) numerous private U.S. member banks, which subscribe to required amounts of non-transferable stock in their regional Federal Reserve Bank; and (5) various advisory councils.

http://en.wikipedia.org/wiki/Federal_reserve

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The highlighting is mine and no, I do not support Ron Paul.

Which Democratic candidate for the next American President will take on this cabal that controls America?

was dead within two weeks.

Crooks took a ride in the 80's and now they're taking a ride in the subprime.

What kind of country is this?
Why are thieves of millions of dollars allowed to walk?
Why do Americans put up with this shit???