Washington Times says Fed is an agency in the US gov't

Link to Washington Times contacts right below in my post for the "evening crowd".

I was trained as an Economist (money and banking -- econometrics) -- Plus I'm a Mises fanatic. I can tell you beyond all possible rational/philosophical/ecunemical certainty that "The Fed" is not part of gov't.

It has abdicated power over the Congress and President -- for sure.

It can indirectly dictate policy -- it has control over the money supply (the abdication of congress from 1913 forward).

The Fed is the head of a Banking Cartel -- in and of itself it has no power; the heads (the trillionairs) and banking families have all the control.

When/If the Fed is audited -- Obama will call on the IMF to replace it. Taking the power "officially" outside of the U.S. This of course is irrelevant because the power is global anyway.

I wouldn't be suprised if they didn't come up with a more powerful agreement.

Dems and Repubs will unanimously (or near it) rule in favor of IMF control.

Octobox

Bump!

David Jones, I think, is the best person to call here, but certainly, there is plenty of info in this link where we can bombard lots of people!

http://www.washingtontimes.com/contact-us/

I understand why there's been so much back and forth on this thread about exactly what the Fed is--that's why Griffin's characterization of it as a "creature" is so perfect. Maybe we should ask if the staff at the Wash Times has read it, specifically Ms. Hill. Also, the language she used: "...in the government". The use of the preposition "in"? Bad...really bad. Had she said "of the government", she would have given herself some wiggle room by being able to say, well, it's not really a part of the government, but the board is appointed by the government, but it's sort of acts on behalf of the government, yadayada. But "in the government"? Proves she is completely ignorant on the topic or she knows and got away (for now) with a flat out lie.

of topic. But did anyone see Bernankes little PR stunt on 60 Minutes the other night? What a nice man he is. Trying to save the country and all. What did they say. He has been preparing for this his entire life. hmmm.
The sheeple sure got a load of c**p about how the fed has been such a saviour to our countries financial well being. and how not printing a bunch of money is what caused the great deppression. It was quite a show. We would have been ruined long ago without the fed dontcha know.

"Federal Reserve is as federal as Federal Express".

"The Constitution is not an instrument for the government to restrain the people, it is an instrument for the people to restrain the government -- lest it come to dominate our lives and interests."
-- Patrick Henry

The federal reserve isn't really that private. If it were then it wouldn't have the power over setting interest rates- and wouldn't be politically connected at all. Do any of you really think that washington doesn't work hand in hand with the Fed? If it were to be made more "public" than private would it be any better? No.

The argument that the Fed is "private" and that's why its bad isn't a very good argument. The problem is that it exists plain and simple. Any central bank that exists is unnecessary and harmful.

And now that the Fed is going to be given broad regulatory powers, it will be pretty hard to argue that it's not a government agency.

If the courts find that the Fed is private...what the F else is there?

John L. LEWIS, Plaintiff/Appellant v. UNITED STATES of America, Defendant/Appellee. No. 80-5905. United States Court of Appeals, Ninth Circuit. Submitted March 2, 1982; Decided April 19, 1982; As Amended June 24, 1982

"Plaintiff, who was injured by vehicle owned and operated by a federal reserve bank, brought action alleging jurisdiction under the Federal Tort Claims Act. The United States District Court for the Central District of California, David W. Williams, Jr., dismissed holding that federal reserve bank was not a federal agency within meaning of Act and that the court therefore lacked subject-matter jurisdiction. Appeal was taken. The Court of Appeals, Poole, Circuit Judge, held that federal reserve banks are not federal instrumentalities for purposes of the Act, but are independent, privately owned and locally controlled corporations.
Affirmed.

. . .Examining the organization and function of the Federal Reserve Banks and applying the relevant factors, we conclude that the Reserve Banks . . . are independent, privately owned and locally controlled corporations.(lawyers and judges)

Shut off the TV....thank you.

let's call

Already lots of comments in their comments section regarding this. This is GREAT!