Who owns the Federal Reserve, who actually controls it, where does it get its money, and whose interests is it serving? Politically, this makes it a very independent entity.The Regional Fed banks are arms of the Fed system that serve like regional versions of the NY Clearinghouse.
Brother Winthrop Rockefeller was Lieutenant Governor of Arkansas and remains the most powerful man in that state.But of all the Rockefeller brothers, it is Trilateral Commission (TC) founder and Chase Manhattan Chairman David who has spearheaded the family’s agenda on a global scale.He defended the Shah of Iran, the South African apartheid regime and the Chilean Pinochet junta. The Federal Reserve System is not "owned" by anyone. The Federal Reserve System was modelled after the New York Clearinghouse that existed in New York during the 1800′s and 1900′s. We believe that the information comes from reliable sources, but cannot guarantee the information to be free of mistakes and incorrect interpretations.
In another bit of sleight of hand known as “fractional reserve” lending, the same reserves are lent many times over, further expanding the money supply, generating interest for the banks with each loan. Not all views represent that of The Herland Report editorial policy. I prefer to think of the Fed as being an entity designed to help support the US payments system (which thereby makes it a bank facilitating entity) which serves public purpose and private purpose. The articles and TV programs are to be used as pieces of information that should be considered as part of the bigger picture when seeking to acquire a full overview regarding a specific subject. 2013-10-26T10:17:00Z
The Fed System took this private model and ramped it up into a public/private hybrid model to create a national clearinghouse for interbank payments. The two families control a big chunk of Citigroup as well.In the insurance business, the Rockefellers control Metropolitan Life, Equitable Life, Prudential and New York Life. His namesake son is a Senator from West Virginia. Morgan Grenfell operated in London. He was a strong supporter of European efforts to return to the gold standard and economic stability. Just 2% to 5% of it is owned by the U.S. government, though. This worried him, but he also felt he had no choice because the low interest rates were helping Europeans (particularly Great Britain) in their effort to return to the gold standard. “For all practical purposes,” Kah stressed, “the Federal Reserve Bank of New York is the Federal Reserve” (Ibid). That's $203.3 billion worth of gold in a single place. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and […] Morgan also had close relations with Italian fascist Benito Mussolini, while German Nazi Dr. Hjalmer Schacht was a Morgan Bank liaison during WWII.After the war Morgan representatives met with Schacht at the Bank of International Settlements (BIS) in Basel, Switzerland. Many researchers assert that BIS is at the nadir of global drug money laundering.It is no coincidence that BIS is headquartered in Switzerland, favorite hiding place for the wealth of the global aristocracy and headquarters for the P-2 Italian Freemason’s Alpina Lodge and Nazi International.Other institutions which the Eight Families control include the World Economic Forum, the International Monetary Conference and the World Trade Organization.The French Lazard family became more involved in House of Morgan interests.
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