"The United States moved to dismiss for lack of subject matter jurisdiction. The district court dismissed, holding that the Federal Reserve Bank is not a federal agency within the meaning of the Act and that the court therefore lacked subject matter jurisdiction. We affirm."
"Examining the organization and function of the Federal Reserve Banks, and applying the relevant factors, we conclude that the Reserve Banks are not federal instrumentalities for purposes of the FTCA, but are independent, privately owned and locally controlled corporations."
The government's own words in a legal court case.
Private corporations make our money. Most of our federal income taxes go to pay off the debt to these private corporations, from money that they lent to the federal government. Where did the money come from that they loaned to the government? They have these nifty machines that just print it whenever they want. Cool scam, eh?
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Famous truthful quotations from presidents and other leaders on banking.......... : N
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