Master and Commander
The Collapse of the Central Banking System Has Begun
JOE LANGE
JAN 25, 2023
(badlands.substack.com)
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While the President has input into the Federal Reserve Board of Governors (BOG), all the people on the board must be selected from the present pool of Oligarchs. There are nothing but Cronies on the BOG, no matter what President assigns them. Suggesting that there is meaning behind the partisan assignment completely misunderstands who is allowed to sit on the BOG.
More importantly, the Federal Reserve Board, with the exception of one single adjustment from the FOMC (injected as a concession in the 1990s) acts strictly as an Advisory Board.
Every single decision made by the actual banks that buy the bonds (NY Fed e.g.) is done by the Federal Reserve Banks themselves, having exactly zilch (legally speaking) to do with the BOG. Further, the Federal Reserve is an agent of the BIS, and there is a Treaty among all nations with the BIS that asserts that the BIS, and it's agents (AKA the Fed) are Sovereign Entities, under their own jurisdiction, beholden to no country. They are "neutral."
The one and ONLY WAY to take out the Fed is to end the contract with the Fed and the BIS. That or go to war with them. There are exactly zero legal paths to "control" them. Anyone who says differently has never read the Articles of Incorporation that created the central banks.
Since there is that whole "unpayable debt" thing, simply ending the contract has legal implications (though substantial Jurisdictional issues). The simplest way is to just go to war with them and seize their (our) assets.
They started/supported the war on AMERICA thus making them targets in many respects. Their demise or agreement to end the Federal Reserve was their "or go to war with them." Hubris often leads to the Law of Unintended Consequences. Or FAFO for short.