The Federal Reserve is not a government agency.The truth is that it is a privately owned central bank. It is owned by the banks that are members of the Federal Reserve system. We do not know how much of the system each bank owns, because that has never been disclosed to the American people. During an election year, the economy is the number one issue that voters are concerned about. But instead of endlessly blaming both political parties, the truth is that most of the blame should be placed at the feet of the Federal Reserve. The Fed has more power over the performance of the U.S. economy than anyone else does. They control the money supply and the interest rates. The Federal Reserve hands out bailouts to the big banks that dwarf anything that Congress ever did.



