Yes... again little one... child of naviety... IT IS GOVERNMENT DOUBLE SPEAK.. and it is obvious double speak... LIES... Like "War is Peace" "Slavery is Freedom " "FED Bank is part of US Gov... But Not Really... But Is... and Is NOT... Kinda Is.. But not official... But Is" and a thousands more. Can you get family help... Soon ??
and... If a mother has a baby is it her child... Yes... But NOT if the Mother Says It is Not Hers... !! ?? WTF ? -- Oh... I see the Mother is doing FED Speak... Ah... Is the FED Reserve Part of the US Gov... Yes... FED Was... Created by the US Gov Managed By The US Gov Fed Staff Appointed By US Gov Allow Interest Payments By The US Gov (To the tune of $$ BILLIONS $$) But The FED is NOT Part of the US Gov.. Because ""Gollee"" They Say they are not... But Are... But are not... Well They Are... FED Depends BY LAW on US Gov to Regulate THEM... But are Free as Bird Do Do What They Want... But No... Yes.. No... Sad...
Dark what ? You have problems ?! With "Dark" what do you mean? It seems are you depressive, having dark thoughts. It seems you have not understood PLTR at all. They rescued many lives with their latest AI technology. And Pentagon trust the American lives already in full with Palantir. Some few numbers with DOGE they can do it for sure as they already opened to Commercial sector aswell. Those companies, working together with Palantir, can sing a song how much they saved with them.
Faghhhhget YMCA, this should be the current new/old Admin's theme song:- i see a clinic full of cynics who want to twist the people's wrist they're watching every move we make we're all included on the list the lunatics have taken over the asylum the lunatics have taken over the asylum
You correctly quoted the St. Louis Bank. However I think this statement badly needs revision to bring it up to date . I would go to the who owns the Fed statement at the Board of Governors site for a somewhat less misleading statement. For all practical purposes, see below, the Federal Reserve Banks are a part of the federal Government. Actually I think the main Fed site has the best description in which they described the structure of the Branch Banks as a hybrid between Federal and Private. The Branch banks management is drawn from Private sector Federal Reserve Member banks. But that is a small part of the total picture. Two things to note: All profits after expenses flow back to the U.S. Treasury. The Status of the Reserve Banks was fairly recently adjudicated in Wells Fargo v United States (If you're interested I could probably pull it up for you.) Amazing, I found it in my files! Wells Fargo v United States: Summarizing: The funds the Federal Reserve creates are public funds, i.e., not private. They originate from the same "fisc" that funds available to the Treasury or any other department of government originate. "Congress has transferred functional ownership and control of the Federal Reserve Banks to the Treasury and to the [Federal Reserve] Board. Today, The United States, not the nominal share holders, are the economic owners of the [Federal Reserve Banks]. The real test of ownership is the destination of profits. All profits from Fed operations flow directly back to the Treasury. A point of confusion arises for three reasons a) You Tube disinformation that simply will not die; b) The Branch Banks were at one time (1913) private and at that time the private banks had far more control of the Fed than then do today; c) Statements such as that at the St. Louis Branch Banks website that are obsolescent if not obsolete. Remember these Branch Banks go back to 1913, when indeed they were private! Everything changed with the banking laws of the 1930s and the establishment of the FOMC. (The Fed Reserve legislation of 1913 even states that the Federal Reserve System is "private". But again that is no longer the case!!!) I can't tell you how many times I have quoted Wells and pointed out to my ET colleagues that in actual practice the U.S. Treasury and the Federal Reserve Banks are part and parcel of the Governments money operation. They work together to manage the governments money operations. Although the management of the Reserve Branch banks is drawn from Private Banks they operate under the thumb of the Board of Governors in Washington D.C. The stock that member banks are required to buy is a hold over from the old 1913 legislation. Today, that stock while it still yields a dividend fixed by statute, (6% I think) imparts no ownership rights whatsoever, as would, say, stock in a private corporation. I guess I'll never be able to stop repeating this here. It is simply amazing how little typical traders understand the Money operations of the United States. They are absolutely filled to the gills with disinformation. I have even had to explain this to former private bank bond traders who didn't understand this! The bond traders at the NY Fed do understand however!
money ops are small part, the fed is treasury's fiscal agent. current fed is the third try in a relatively short us history, and it is not funded by the congress. think about as a membership only club, major banks are members, paying dues. and it holds us treasury notes and bonds, and collects interests from its holdings. with such an importance, its net equity is only about 38 billions. and be able to create a deep bond market, one would have to be considered as an independent buyer, even though it is not as independent as one normally consider. it is wag the dog situation, other countries know that. it is like drinking your own piss.