except that he's telling the TRUTH!!!...............which you don't
want anyone to know.

Yep, you can't handle the Internet. Now give mommy back her PC and
go to bed.

--


Presuming this material is not above your reading and comprehension level;

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

From the overview:

The Federal Reserve System is a quasi-governmental banking system composed
of (1) a 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; and (4) numerous private member banks, which own varying amounts of
stock in the regional Federal Reserve Banks. Ben Bernanke serves as the
current Chairman of the Board of Governors of the Federal Reserve System.

Note the term "quasi-governmental" and also notice that the Federal Reserve
Bank itself is not listed, but the Federal Reserve System as a whole. The
Governors and Committee are the psuedo government aspects of the "system".
The bank itself is comprised of the 12 Reserve Banks which are owned by
numerous private banks which own stock.

The curious thing is this: how can any person or entity own stock in a
governmental entity. We are not talking about Bonds, we are talking about
Stock which the government does not issue. The stocks are held by, and thus
owned, by numerous private banks, some of which have publicly traded stocks.
Notice the lack of specifics as to the stock holders, only that they are
private.

Also read the Legal status and position in Government section:

The Federal Reserve Banks are nominally "owned" by the private member banks
(see below). In Lewis v. United States, 680 F.2d 1239 (9th Cir. 1982), the
United States Court of Appeals for the Ninth Circuit stated that "the
Reserve Banks are not federal instrumentalities for purposes of the FTCA
[the Federal Tort Claims Act], but are independent, privately owned and
locally controlled corporations." The opinion also stated that "the Reserve
Banks have properly been held to be federal instrumentalities for some
purposes." [1]

See ... these banks are NOT Federal Instruments which means that they cannot
be sued for Torts as part of the government, or when acting on its behalf.
Also, the [1] note links to: http://volunteersilver.com/lewis.html which is
very interesting reading.

So, in short ... The Federal Reserve Bank(s) are not governmental
insturments, or entities. They have the ability to CREATE money (and loan it
to the government) and charge INTEREST on the money it creates.