Oct 26, 2011

An Oct. 19, 2011 Associated Press report on the Federal Reserve banks says this:

"The 12 regional banks in the Fed system are private companies, and are not part of the U.S. government. They are owned by the banks that they regulate. Each board has three members who represent those banks and six who represent the public."

http://money.msn.com/business-news/article.aspx?feed=AP&date=20111019&id=14409955

It looks like this information has been taken out of the "Conspiracy Theory" category and is now being treated as FACT.

It's about time. Thanks, AP.