| The Federal Reserve is PRIVATELY OWNED by Thomas D. Schauf (05/15/2000) The FED banking system collects billions of dollars in interest annually and
distributes the profits to its shareholders. The Congress illegally gave the
FED the right to
print money (through the Treasury) at no interest to the FED. The FED creates
money from nothing, and loans it back to
us through banks, and charges interest on our currency. | |
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