I think I found the answer on the 100 year FED charter question.
Look at: www.kitcomm.com...
Post #54 says the following:
To put this discussion to rest.
The original Federal Reserve Act of 1913 did indeed provide for expiration of the corporate "power" of the twelve Federal Reserve Banks to exist in 20 years from the banks' organization (not the adoption of the Act).
Sec. 4 ... the said Federal reserve bank shall become a body corporate and as such ... shall have power: ... Second. To have succession for a period of twenty years from its organization unless it is sooner dissolved by an Act of Congress, or unless its franchise becomes forfeited by some violation of law. Federal Reserve Act of 1913 (P.L. 63-43, 38 STAT. 251, 12 USC 221).
However, this 20-year corporate life was changed to perpetual in 1927 by Act of Feb. 25, 1927 (44 Stat. 1234) as follows:
Second. To have succession after February 25, 1927, until dissolved by Act of Congress or until forfeiture of franchise for violation of law.
This is codified in the United States Code, 12 U.S.C. § 341. See www.law.cornell.edu...
This is where it stands today. Each of the U.S. Federal Reserve Banks can only be dissolved by an act of Congress or "forfeiture of franchise for violation of law."
So it looks like the FED got a 20 year charter on 23 dec. 1913 and on 25 feb. 1927, this was changed to perpetual..
The URL of Cornell looks very original.
So the charter is perpetual, or there must be some other change after 1927.
Only an act of Congress can end the FED.
Yet another absolute myth about the Fed spread by ignorant Paul fans.
There was never a 100 year (or 99 year as some other similar lies state) charter for the Fed.
It was set up in 1913 with each individual Federal Reserve Bank having a 20 year charter.
However congress passed the Pepper McFadden Bill in 1927 giving the banks perpetual charter. The system can only come to an end as a result of an act of congress.
I do know that even with the blatant violations of law it makes not one bit of difference. When you have the people who make the important decisions in your back pocket they will not act against your interests. S&F for bringing clarity to the 100 year charter issue though.
An audit of the Federal Reserve has revealed in the Sanders Report that the privately owned Federal Reserve secretly and unlawfully doled out more than $16 trillion in zero interest loans and concealed electronic funds transfers to some of the largest financial institutions and corporations in the United States and throughout the world. The non-partisan, investigative arm of Congress determined that the Federal Reserve acted illegally. In fact, according to the report, the Federal Reserve knew their financial transactions were illegal and provided conflict of interest waivers to its employees and private contractors so they could keep investments in the same financial institutions and corporations that were given emergency loans. The report is evidence that reveals major securities fraud in the embezzlement of $16 trillion by the Federal Reserve. Securities fraud and embezzlement are both felony criminal offenses. Any criminal offense committed by the Federal Reserve forfeits the Federal Reserve franchise – U.S. Code TITLE 12 CHAPTER 3 SUBCHAPTER IX § 341. Second