Who Owns the Fed

So, who owns the Federal Reserve? Well, it certainly is not the US government, as many would suppose. In fact, I have found that quite a few – including myself last year – who are roughly aware of how the FED works but believe that the owners of the FED is a secret. Well, it is not.  FULL ARTICLE

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9 comments

#1 Frank-O on 02.13.09 at 7:18 am

I don’t know who or what owns the thing, but I do know that it’s not me, or you, or any regular person.  And we definitely need to end the fed!

#2 EndtheFed! on 02.13.09 at 9:29 am

Want to know who owns it?  Watch The Money Masters – How International Bankers Gained Control of America

#3 Steve Henderson on 02.13.09 at 1:50 pm

Good article…and i have bad news for yall..My dead grandma ownes the fed !!! hehehe…have a good week end everyone…

#4 Spoonerite on 02.13.09 at 2:14 pm

although I’d be happier with Steve H’s dead grandmother owning it, I think the important thing to note is that it really doesn’t matter. Who owns a monopoly isn’t as important as the fact that it’s a monopoly.

#5 Dave Anderson on 02.13.09 at 4:28 pm

I’m right with you on that one Spoonerite!

While we’re at video recommendations, Money, Banking and the Federal Reserve, is a must-see in my book.

#6 Ferenc on 02.14.09 at 8:58 pm

You know who owns it?  I don’t.  But as for who controls it, it’s a bunch of criminals and counterfeiters.

#7 Adrian Kuzminski on 02.22.09 at 3:08 pm

It’s always useful to remind people that the Fed isn’t publicly owned, something that’s been known for years but doesn’t seem to break through to the mainstream.  You don’t say who the principal owners are, but I understand they include the major NY commercial banks, led by the Morgan and Rockefeller interests.   Since they are apparently insolvent, we now have the unprecedented problem of ownership of the Fed by insolvent banks, something somebody ought to look into.  Also, I would quibble with your “champion of the constitution” tag line.  The constitution is not a populist document.  It was the antifederalists who stood in the tradition which later became populism, which is the decentralization of  political and economic power.  The constitution — compared with the Articles of Confederation, its predecessor — centralized power incredibly.  Is that what you want?   How about:  “champion of the bill of rights.”  That’s the antifederalist part of the constitution.

#8 Michael Boldin on 02.25.09 at 10:23 am

Adrian, I think you make some excellent points here about both the fed and the constitution. While I would be pretty happy if the Federal government would actually follow the constitution – which it rarely does – I still see it as a very flawed document, and find the Articles to be far superior.

I think Lysander Spooner may have said it best:

“whether the Constitution really be one thing, or another, this much is certain – that it has either authorized such a government as we have had, or has been powerless to prevent it. In either case, it is unfit to exist.”

#9 Spoonerite on 03.06.09 at 11:52 am

Great Spooner quote!  Approved by none other than spoonerite!  Ok, I couldn’t resist that.

More importantly, i care less about who owns something than what it does, or what it is empowered to do.   If the fed just presented charts and made recommendations, would anybody even care about public ownership or private ownership or anything else?  Maybe a little, but the problem is what they do much more than who they are.

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