Is the Federal Reserve Bank in the U.S.A. part of the U.S. Government? ( Archived) (9)

This is very old news the fed reserve has never been part of the United states Government It is private banking company's that take in our tax money then loan it back to the United States with interest. The Unites States has no Control Over it We can not audit it or question it . There is one senitor that is trying to get them auditeded but with little or no success

The Federal Reserve is a PRIVATE bank. It is not part of the Federal Government. The Government actually gets a loan on the tax payers money and only needs 10% backing to cover it in Gold reserves. So the Government writes an I Owe You to the Federal Reserve, the Federal Reserve gives back the amount needed to the Federal Government and adds interest to the loan as well. So the public tax payers get screwed two ways from Tuesday and their tax paying money gets turned into a loan through the Federal Reserve which must be paid back, which is in the trillions. Now the Federal Reserve needs to be Audited and shut down and a new Federal Bank created by the Federal Government and this alone would cut costs down for the tax payers since there would be no interest involved and no loans needed since it would be straight from a Federal Bank and not from a Private Bank.

the answer is no but that doesnt mean it doesnt have any control on how the country is ran because it actually has a big roll and involvment on the monetary system that is in place. money talks!!!!

The federal reeerve is a group of bankers doing what they want with no control by the united states government. in fact there is a senitor that has been trying to get the fed audited but with no success. these are bankers that make there decisions on what is best for them with no thought for this government or any other they would sell there soul for profit and would sell out this country for profit .