Sunday, March 02, 2008

The principal shareholders of the Fed

What most American citizens don't realize is that the Federal Reserve, which controls the U.S. currency, inflation, and deflation at the cost of the American people, is a private corporation.

While the name “Federal Reserve” might suggest otherwise, it is simply a private company set up by big bankers in 1913, a company that makes decisions based on profits, as required by stockholders.

The principal shareholders of the Fed are: the Rothschilds, Lazard Freres, Israel Schiff, Kuhn-Loeb Co., Warburg Co., Lehman Brothers, Goldman-Sachs, the Rockefeller family, and the J.P. Morgan interests.

The fact that Americans hold a great deal of private debt isn't troublesome to them, merely profitable.

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