SF Federal Reserve Employee Admits Fed is a Private Corporation that Pays Dividends to Shareholders, page 1

Recently Humboldt State University was visited by David Lang and Yelena Takhtamanova from the Federal Reserve Bank of San Francisco where they presented some information about the Federal Reserve System. I, along with the department, took video of this event. While I was unable to take footage of the entire event, I was able to get David Lang’s presentation as well as a short portion of a question and answer period.

Source

David Haynie: "I had a really quick question, the Federal Reserve Bank of San Francisco specifically, is that formed as a private corporation itself?"

David Lang: "Ah yes it is actually. yes our state chartered banks, banks under a charter share that and we pay a dividend on those shares."

Not that we needed any more proof, but this certainly helps prove the point. The American financial system is obviously not what it's portrayed to be. All those people who were saying Occupy the Fed instead of Wall Street definitely were on the right track.

I have learned a lot about the world's financial systems lately and we are all screwed. It doesn't matter what country you live in because most of the world is under the same type of financial enslavement. Humans are educated wage slaves who are overworked.

reply to post by jcord

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Are you talking about the Rothschild family?

reply to post by Corruption Exposed

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If they are the front that the Vatican selected to run interference and draw the ire of the world then yes.

Originally posted by Corruption Exposed
reply to post by jcord

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Are you talking about the Rothschild family?

rothschilds, morgans, rockerfellers etc

reply to post by rayuki

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Those families certainly have a hand in all banking activities from the very top. I just think that Americans should be outraged that a division of their Federal Reserve has openly admitted to being a private corporation that pays dividends to shareholders.

Where do I sign up to buy some shares?

reply to post by Corruption Exposed

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The shareholders are not about to take a loss as any regular stock holder would when the markets go down. They are going to take as much money as they want or feel they need out of the peoples account. They are going to make their living high standards instead of woirking by stealing it out of your pay check. When are people going to understand thaat the debts they keep talking about isn't anyones it is simply a loss in their portfolios. In other words they are not making as much money off their private stocks as they want so they are going to rob you and everyone blind to keep their money rolling in. The only people who are going to be living with austarity are the general public . There is no debt. There is no debt there is no debt.

reply to post by filosophia

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I didn't mean to imply that he owned it or anything like that.

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