Monday, April 21, 2008
Banksters and Bailouts
The banker view No doubt nearly all bankers want the broad foundations of the existing banking system to be maintained. That system is their bread and butter and it has served them well. All resources that are no longer unappropriated are owned by some person or persons, where ownership means having exclusive control. Who owns the central bank of the United States, which is the Federal Reserve or the Fed? Its stockholders are member banks. The most powerful of the 12 Federal Reserve banks is
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