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Why do people say the Federal Reserve is controlled by bankers?

I have recently read on a debunking conspiracies site that the Federal Reserve needs 6 out of 9 members who are not bankers and elected by a government body. Thus, bankers do not have majority power right? Can anyone attempt to counter this? I just want to know more. Thanks.

It is surprising to me that these bankers are holders of the Federal Reserve's stock: Rothschild Bank of London Warburg Bank of Hamburg Rothschild Bank of Berlin Lehman Brothers of New York Lazard Brothers of Paris Kuhn Loeb Bank of New York Israel Moses Seif Banks of Italy Goldman, Sachs of New York Warburg Bank of Amsterdam Chase Manhattan Bank of New York (Reference 14, P. 13, Reference 12, P. 152) - btw, what reference source is this from?

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  • Sign
    Lv 4
    10 years ago
    Favorite Answer

    This is how it is done:

    http://vimeo.com/23674530

    “Jews And Money - Story Of A Stereotype,” is the title of a new book by Abraham Foxman, director of the Anti Defamation League.

    Powerful Jews, Andrew Tisch, of the Loews Corporation, and Rupert Murdoch (Jewish mother), of News Corporation, chimed in with “rave” reviews.

    Of course the Christ-hating Jew, Andrew Tisch, attacked Christianity as the origin and perpetrator of stereotyping Jews as greedy money changers.

    All this hype behind Foxman’s book is to convince the goyim that “stereotypes” of Jews possessing a disproportionate amount of wealth and control is “false and dangerous.”

    But we who are not swayed by Jewish babble, simply see the facts glaring in our faces which convince even the casual observer that Jews possess an enormous amount of wealth (48% of US Billionaires are Jews) and use it to buy politicians and public opinion.

    The serpent’s nest of this many-headed Judaic money-monster is to be found on Wall Street where names like Morgan, Rockefeller, and Mellon are no longer to be found.

    This Old World environment of Gentile bankers is now being replaced with a New World Order of Jews with names like Blankfein, Rubin, and Weill.

    http://www.realzionistnews.com/?p=571

  • 10 years ago

    There is no overall stock ownership in the Federal Reserve System. Each of the twelve regional Federal Reserve banks are "owned" by Federally chartered banks, and some State chartered banks in the given regions.

    This ownership cannot be sold or transferred.

    I don't know about the banks listed, but it looks like banks in the New York Federal Bank system.

  • Anonymous
    10 years ago

    Considering most of the power players in the treasury were at one time employed by Goldman Sachs or the Federal Reserve id say that Wall Street and Washington is ultimately controlled by the same forces.

    Source(s): The Bailouts
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