The fed is the international banking cabal our founders warned us about for years. Woodrow sold us out and he knew it. Then it was right into Taxing Americans and going to war for them. I believe it was their great revenge after losing the civil war since they were most likely funding the democrats then too. But the question is, who are all the private owners and why dont we actually know all the folks who "own it".
Mandatory Subscription: Under Section 5 of the Federal Reserve Act, every member bank is required to subscribe to capital stock in its regional Reserve Bank in an amount equal to 6% of the member bank's own paid-up capital and surplus.
Federal reserve does not publish the details so we have to go by the major banks capital and surplus and multiplied by 6%, for example JP Morgan Chase.
This map here shows how many member banks participate in each of the 12 regions = how many pen shares in each regional bank. https://fred.stlouisfed.org/series/X15ATDTPLSMB (select “View Map” and click on a region to see how many participating member banks per regional Fed bank)
But comparing the map to the list, there’s a lot left out. For New York, the list didn’t even mention JP Morgan not a very helpful list.
how did the big banks have their say or control or in a sense “own” the Fed?. they say by having their representation on the board of governors in particular class A. Board of directors
The nine member board of directors of each district is made up of three classes, designated as classes A, B, and C. The directors serve a term of three years. The makeup of the boards of directors is outlined in U.S. Code, Title 12, Chapter 3, Subchapter 7:[30]
Great post, thanks for the response. Each bank has a board, and each board has a board chair. Whether those men are the top of the top, is a good question.
thanks, and your comment is great post too, who is the top of the top?! in corporations, it is said that it only takes a certain plurality % ownership of shares to control and set the board of directors. The names of the people at the top, a dig for another day
My current list goes : Rothschild, Warburgs, Rockefeller, Soros, Blankfien, DuPont, Summers, Shalom, but thats just what ive gathered from other sources and cant confirm until they actually tell us. The main funders being the Rothschilds as thats the only name Kash mentioned.
I was thinking that too, the OG JP Morgan himself, although im unsure whose the top leader of them now and if its the whole board now or if there is a specific person at the top there.
The fed is the international banking cabal our founders warned us about for years. Woodrow sold us out and he knew it. Then it was right into Taxing Americans and going to war for them. I believe it was their great revenge after losing the civil war since they were most likely funding the democrats then too. But the question is, who are all the private owners and why dont we actually know all the folks who "own it".
important post for this time, thanks!
the Fed simply exists by Act of Congress, it is the 12 member banks where the ownership lies. https://www.federalreserve.gov/faqs/about_14986.htm
The New York regional bank is considered to be one of the more powerful ones.
“It’s surprising to see how concentrated it is,” says Razza. That lopsided ownership hasn’t changed much since the financial crisis: In 2007 JPMorgan owned 41.7 percent of the New York Fed’s shares and Citibank 36.6 percent, a combined 78.3 percent. https://www.institutionalinvestor.com/article/2bsx0wq4jdzo82fk8nhfk/culture/conspiracy-theorists-ask-who-owns-the-new-york-fed-heres-the-answer
Mandatory Subscription: Under Section 5 of the Federal Reserve Act, every member bank is required to subscribe to capital stock in its regional Reserve Bank in an amount equal to 6% of the member bank's own paid-up capital and surplus.
Federal reserve does not publish the details so we have to go by the major banks capital and surplus and multiplied by 6%, for example JP Morgan Chase.
This map here shows how many member banks participate in each of the 12 regions = how many pen shares in each regional bank. https://fred.stlouisfed.org/series/X15ATDTPLSMB (select “View Map” and click on a region to see how many participating member banks per regional Fed bank)
Here are list of some of the Fed regional banks shareholder banks by names, the commercial banks. https://www.federalreserve.gov/supervisionreg/state-member-banks-supervised-federal-reserve.htm#
But comparing the map to the list, there’s a lot left out. For New York, the list didn’t even mention JP Morgan not a very helpful list.
how did the big banks have their say or control or in a sense “own” the Fed?. they say by having their representation on the board of governors in particular class A. Board of directors The nine member board of directors of each district is made up of three classes, designated as classes A, B, and C. The directors serve a term of three years. The makeup of the boards of directors is outlined in U.S. Code, Title 12, Chapter 3, Subchapter 7:[30]
Class A three members chosen by, and representative of, the stockholding banks. member banks are divided into 3 groups based on size—large, medium, and small banks. Each group elects one member of Class A. https://en.wikipedia.org/wiki/Structure_of_the_Federal_Reserve_System#:~:text=The%20twelve%20Federal%20Reserve%20banks,of%20the%20Federal%20Reserve%20Banks.
u/brain_dead
Great post, thanks for the response. Each bank has a board, and each board has a board chair. Whether those men are the top of the top, is a good question.
thanks, and your comment is great post too, who is the top of the top?! in corporations, it is said that it only takes a certain plurality % ownership of shares to control and set the board of directors. The names of the people at the top, a dig for another day
I would like to know too.
My current list goes : Rothschild, Warburgs, Rockefeller, Soros, Blankfien, DuPont, Summers, Shalom, but thats just what ive gathered from other sources and cant confirm until they actually tell us. The main funders being the Rothschilds as thats the only name Kash mentioned.
JP Morgan would be there too.
I was thinking that too, the OG JP Morgan himself, although im unsure whose the top leader of them now and if its the whole board now or if there is a specific person at the top there.