thanks Mickey Z and John T.! - very helpful. Will listen again and make notes - one Q if you don't mind. Mr. T said 'owners of the Fed...' - who are the owners, the US commercial banks?
Thanks, DT! John is better qualified to answer this in detail but here's my understanding: In a public, on-the-books sense, the Fed is not technically "owned" and is subject to "congressional oversight."
However, even a cursory glance at the set-up shows that the Fed controlled by an independent Board of Governors and 12 privately-owned banks that do not require goveenmental ratification for their decisions.
This was great, Mickey! Glad to know more about John Titus' background. I've seen some of his videos which are humorous, informative. Very challenging to grasp the economics, but he makes it clear how totally, jaw-droppingly criminal way power is wielded. Pure unmitigated theft, with big thugs defending it and intimidating the hell out of everyone who questions it. Encouraging to hear they aren't as powerful as they'd like us to believe. I keep Wizard of Oz in mind when they spout their BS.
I think John was recently interviewed by Catherine Austin Fitts, too. Will post the link if that's right.
Thank you, Anne...for listening and for your enthusiastic response! Even the most aware and cynical among us can still be jolted by the depth of the criminality.
P.S. I'm trying hard to get Catherine Austin Fitts on my show! 🤞🤞
Thank YOU, for listening and supporting and being a spiritual warrior.
thanks Mickey Z and John T.! - very helpful. Will listen again and make notes - one Q if you don't mind. Mr. T said 'owners of the Fed...' - who are the owners, the US commercial banks?
Thanks, DT! John is better qualified to answer this in detail but here's my understanding: In a public, on-the-books sense, the Fed is not technically "owned" and is subject to "congressional oversight."
However, even a cursory glance at the set-up shows that the Fed controlled by an independent Board of Governors and 12 privately-owned banks that do not require goveenmental ratification for their decisions.
This was great, Mickey! Glad to know more about John Titus' background. I've seen some of his videos which are humorous, informative. Very challenging to grasp the economics, but he makes it clear how totally, jaw-droppingly criminal way power is wielded. Pure unmitigated theft, with big thugs defending it and intimidating the hell out of everyone who questions it. Encouraging to hear they aren't as powerful as they'd like us to believe. I keep Wizard of Oz in mind when they spout their BS.
I think John was recently interviewed by Catherine Austin Fitts, too. Will post the link if that's right.
Thank you, Anne...for listening and for your enthusiastic response! Even the most aware and cynical among us can still be jolted by the depth of the criminality.
P.S. I'm trying hard to get Catherine Austin Fitts on my show! 🤞🤞
You're welcome, Mickey! And good luck with Catherine Austin Fitts!
On a side note, I love the stories about your childhood!
Thank you! It really makes a difference when kind folks like you take the time to offer such specific feedback.
Thank you for an excellent show. I learned quite a bit of new info. I think I need to listen again and take notes
Thank you for listening, Nona. And I hear you...John is a font of information.