Rocky B:’
That’s exactly right. I did the research a long time ago. The Federal Reserve (not a ‘Federal’ and not a ‘reserve’, per se, but a group of member banks where all the money is deposited, not beholden to the taxpayers, and see no reason to comply with transparency requests.

For every 10 taxpayers, how many do you think believe that the ‘Federal’ Reserve is a part of the Federal government? I would guess at least 9.

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The $700 Billion bail-out (plus pork) has now risen to $2 Trillion and the Federal Reserve refuses to say where the money went? Yep, so much for transparency. Of course, the Federal Reserve is not really an entity of our actual government anyway. They were not created by our Constitution and doesn’t truly fall under any of branches of our government. Do the research, you’ll find I’m right.

So I’m not really surprised. You see, because of all of the above, our FOIA doesn’t apply to them. Checkmate on us. The American taxpayers became committed and become beholden to them by our legislators to throw money their way and they don’t have to tell us crap. And there were conditions within the bill that could be twisted to make the withdraws unlimited. Neat trick there huh?

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