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House easily approves Paul's 'audit the Fed' bill in 327-98 vote

DaveFagan said:
The FED is a private central bank, stockholder owned. Federal Reserve CORPORATION. The names of the stockholders have never been released and are a closely guarded secret.
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I believe the FED is owned by private banks - not individuals.
 
DA60 said:
'Rep. Ron Paul (R-Texas) won a rare legislative victory on Wednesday when the House passed his legislation allowing for a full audit of the Federal Reserve, including an audit of the Fed's monetary policy decisions.

The House approved Paul's Federal Reserve Transparency Act, H.R. 459, in a bipartisan 327-98 vote. The vote split Democrats almost evenly — 89 for and 97 against — while only one Republican, Rep. Robert Turner (R-N.Y.), voted against it.

The bill won an easy majority, given its 270 co-sponsors, and easily cleared the two-thirds majority needed for passage, which was required because it was considered under a suspension of the rules.'

House easily approves Paul's 'audit the Fed' bill in 327-98 vote - The Hill's Floor Action

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Hopefully the Senate will have a enough "stand-up" Senators and get this passed.
 
There are 12 Federal Reserve Banks around the Country, but those are also Corporations and who are their stockholders? All Corporations are "fictitious entities" and are stockholder owned, ergo these banks have major stockholders. I always heard the the New York Reserve and 4 others were Rockefeller family banks. It doesn't make any difference but why such secrecy about the ownership? About 100 years of secrecy. Democracy, Free Country, and all that?
 
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