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The Federal Reserve is a privately owned central bank. It prints money out of thin air and buys hard assets with this money. The Government borrows money from the Federal Reserve and pays interest to the Federal Reserve. The Government should print its own money backed by gold and not have to worry about interest. The Federal Reserve is a banking cartel. It is privately owned. Private Fed Shareholders: 1. Goldman Sachs - NY 2. JP Morgan Chase - NY 3. Rockefeller via Hanover Trust - NY 4. Kuhn & Loeb - NY 5. N. M. Rothschild Bank - UK 6. Warburg Bank - Germany 7. Lazard Bros - Paris (Rotschild Front) 8. Moses Seif Bank - Israel The Federal Reserve Bank of New York admitted in testimony in court that since it is privately owned it is not subject to the freedom of information act. This is due to Bloomberg News filling a freedom of information request to find out where all the bailout money has been going. The Banks have not been loaning out money. This is because they are making money by borrowing money from the Fed at almost zero percent interest. They buy treasuries with this money which pay a higher interest rate. Edward Griffin's Book: "The Creature from Jekyll Island" Sheds light on the destructive native of Central Banking Owning an IRS Lawyer http://marcstevens.net/articles/309-owning-an-irs-lawyer.html Elite Between Rock and Hard Place http://www.thedailybell.com/1413/Elite-Between-Rock-and-Hard-Place.html Gold Dinar, Silver Dirham(great video!) http://www.youtube.com/watch?v=nNtIsSWVJBI Great video explaining the American Empire Financial Empire Part 1 of 3. Links to the other parts are in the info section of the videos http://www.youtube.com/watch?v=l37RhdFGVsM An A.I.G. Failure Would Have Cost Goldman Sachs, Documents Show http://www.nytimes.com/2010/07/24/business/economy/24goldman.html?_r=1&bl Goldman Whac-A-Mole(Fed power grab) http://solari.com/blog/?p=7076 The Fed is hollowing out American Banks http://danielamerman.com/articles/Hollow.htm The Federal Reserve Is A PRIVATELY OWNED Corporation http://www.apfn.org/apfn/Fed_reserve.htm Bob Chapman: The collapse of the fiat money system is underway http://news.goldseek.com/InternationalForecaster/1272265560.php This video was made and uploaded with Xtranormal's State. To make your own movie, visit http://xtranormal.com