Many people complain about the Federal Reserve Bank system as an unpatriotic institution bent on profits and world domination – I do not have enough information, myself, to come to this conclusion. However, what I read disturbs me.
I respectfully request the Executive Office and Congress to enact a law that will either dispel this as a myth or a reality: By increasing transparency and changing a few of the provisions that guide the Federal Reserve Bank.
The president and Congress should enact a law that discloses who the investors and beneficiaries of this private bank are. In addition, these "stake holders" -- for lack of a better description, should be liable for their fractional losses that occur in the event of a default on the National Debt.
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