There is nothing Federal about the deceptively named US Federal Reserve (Part 2)

[rollingrock]

Run time: 09:25 https://www.youtube.com/watch?v=CoHyjZvxGkU   Posted on YouTube: July 25, 2007 By YouTube Member: Views on YouTube: 0   Posted on DU: March 12, 2009 By DU Member: rollingrock Views on DU: 349

 
Conspiracy theory or conspiracy fact?

The US Federal Reserve, the central bank of the United States, is a private corporation owned by shareholders, according to the Federal Reserve's own website. Who are the major shareholders of the Federal Reserve? Answer: the nations largest private banks are the major shareholders of the US Federal Reserve.
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“The refusal of King George to allow the colonies to operate an honest money system, which freed the ordinary man from clutches of the money manipulators was probably the prime cause of the revolution”
-Benjamin Franklin

“I believe that banking institution are more dangerous than standing armies… If the American people ever allow private banks to control the issue of currency… the banks and corporations that will grow up around them will deprive the people of their property until their children wake up homeless on the continent their fathers conquered”
-Thomas Jefferson (1743-1826)

Part 1: www.youtube.com/watch?v=dpHp_deaBs8
Parts 3-5: www.youtube.com/watch?v=2kd169qLGRk&feature=related