The FED is the only for-profit corporation in America that is exempt from both federal and state taxes? The FED takes in about one trillion dollars per year tax free! The banking families listed below get all that money. Forty cents in every dollar of US taxes.
During Fiscal Year (FY) 2010, the Bureau of Engraving and Printing delivered approximately 6.4 billion notes at an average cost of 9.6 cents per note. Production Facts: (Per the Federal Reserve)
http://www.bep.treas.gov/uscurrency/annualproductionfigures.html/a>
Who really owns the FED? The Rothschilds of London and Berlin; Lazard Brothers of Paris; Israel Moses Seif of Italy; Kuhn, Loeb and Warburg of Germany; and the Lehman Brothers, Goldman, Sachs and the Rockefeller families of New York.
There have been three central banks in the nation’s history. The first two, while deceptive and fraudulent, pale in comparison to the scope and size of the fraud being perpetrated by the current FED. What they all have in common is an insidious practice known as “fractional banking.”
Although the Federal Reserve Bank claims not to be private as their website claims, the clearly operate under terms that no other “government institution” operates by. For example, they are not required to submit financial information and are not subject to IRS audits, nor do they even publish the amount of money they print to the American public. So given these terms it’s hard to believe the Federal Reserve’s claims that they are a government institution providing a genuine service to the American people. A commonly held position not mentioned on their website is that The FED is a privately owned central bank. Central banks are supposed to implement a country’s fiscal policies. They monitor commercial banks to ensure that they maintain sufficient assets, like cash, so as to remain solvent and stable. Central banks also do business, such as currency exchanges and gold transactions, with other central banks. In theory, a central bank should be good for a country, and they might be if it wasn’t for the fact that they are not owned or controlled by the government of the country they are serving. Private central banks, including the United States FED, operate not in the interest of the public good but for profit.
PS: THE FEDERAL RESERVE SYSTEM PROFITS ARE EVEN HIGHER SINCE DIGITAL OR ELECTRONIC CREATION OF CURRENCY, WHICH IS SIMPLY A WIRE TRANSFER OF CREDIT, COSTS ARE LESS THRU FRACTIONAL BANKING , ARBITRAGE, DERIVATIVES, TAARP BAIL OUTS, QE1 QE 2 QE3 , IMF, FORECLOSURES, REPOSSESSIONS, AND THE RTC FROM THE S&L DAYS = RESOLUTION TRUST CORPORATION FROM THE 1990’S SAVINGS AND LOANS DAYS…….
“It is well the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” — Henry Ford
Actual 1976 List link:
http://www.lust-for-life.org/Lust-For-Life/HowRothschildFamilyControlsFED/ImageFiles/chart1.png/a>
http://www.apfn.net/doc-100_bankruptcy27.htm/a>
The Solution: Guns Gold Silver Food Storage & Ammo…….
US – Fiat – Fed – IMF – Central Banks – World Banks – Private Banks – Rothschilds – 13 families – money – currency – JP Morgan – Jekyll Island – gold – silver – congress – coinage act – Who owns the Federal Reserve System –
Federal Reserve System – End the FED – Monopoly Money –
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