The Federal Reserve Bank is NOT FEDERAL, it is a PRIVATELY HELD BANK

yay thank you for posting this

talked about it yesterday

they call them 'the feds' on the news. now thats wrong

The TV news refered to them as the government this morning.... news to me. Government by the banks for the banks? BFS!

Federal Reserve conspiracy theories have been around since its inception. The absurdity of some them of these myths are really quite humorous. Here's one debunking:
http://www.publiceye.org/conspire/flaherty/Federal_Reserve.html
At the bottom are a list of hyperlinked "Myths" which actually address some of the claims made in this video, for those that are interested.

I had figured this was already widely known. I suppose I held America too high on this one...

Duh
And the republicrats follow the same leader

And America is still a British Colony
There's no Santa Claus either
But the easter bunny is real

Everytime you look at a dollar, remember that you dont really own that dollar, a private bank does, and they want you to pay interest on it. Who is really controlling this country?

uh, a monopoly perhaps, as each huge, too big to fail structure falls, it is taken over by that which is still viable, able to envelope. it's all plånned out. the economy is being maintained as an electric current, each of us a meager conduit for electrons. the economy has failed, long ago, when it came it being.

Oh yeah, so were Fannie Mae and Freddie Mac. We see how that worked out.

What? People are talking about this??

You conspiracy theorists really need some Thorazin. From Wiki, if but only to keep it simple:

http://en.wikipedia.org/wiki/Federal_Reserve#Independent_within_government

The Federal Reserve System is an independent government institution that has private aspects. The System is not a private organization and does not operate for the purpose of making a profit. The stocks of the regional federal reserve banks are owned by the banks operating within that region and which are part of the system.[25] The System derives its authority and public purpose from the Federal Reserve Act passed by Congress in 1913. As an independent institution, the Federal Reserve has the authority to act on its own without prior approval from Congress or the President.[26] The members of its Board of Governors are appointed for long, staggered terms, limiting the influence of day-to-day political considerations.[27] The Federal Reserve System's unique structure also provides internal checks and balances, ensuring that its decisions and operations are not dominated by any one part of the system. It also generates revenue independently without need for Congressional funding. Congressional oversight and statutes, which can alter the Fed's responsibilities and control, allow the government to keep the Federal Reserve System in check. Since the System was designed to be independent whilst also remaining within the government of the United States, it is often said to be "independent within the government."[26]

The 12 Federal Reserve banks provide the financial means to operate the Federal Reserve. Each reserve bank is organized much like a private corporation so that it can provide the necessary revenue to cover operational expenses and implement the demands of the board. Member banks are privately owned banks that must buy a certain amount of stock in the Reserve Bank within its region to be a member of the Federal Reserve System. This stock "may not be sold, traded, or pledged as security for a loan" and all member banks receive a 6% annual dividend.[26] These member banks must maintain fractional reserves either as vault cash or on account at its Reserve Bank; member banks earn no interest on either of these. The dividends paid by the Federal Reserve Banks to member banks are considered partial compensation for the lack of interest paid on the required reserves. All profit after expenses is returned to the U.S. Treasury or contributed to the surplus capital of the Federal Reserve Banks (and since shares in ownership of the Federal Reserve Banks are redeemable only at par, the nominal "owners" do not benefit from this surplus capital); the Federal Reserve system contributed over $29 billion to the Treasury in 2006.[

hell yeah..everyone should see this shit...fuck the paying taxes collect them...destroy the system

We really need some vote ups here. But i'm thinking since every stock market in the free world is suffering b/c we are, then dosnt that mean were gaurenteed prosperity asap? Either way i'm very dissapointed that Nancy Pelosi/ Harry Reid still use the same politics that have created this bull shizzle. She's "Ordering an investigation into Wall Street" yea right bia, shes gonna get some far left economist to spew info she knows nothing about in a way that lets her over-regulate the market. Thats a funny word, over-regulate, ya know it kind of rings of "CARTEL."

Yup..