The FED is a privatively owned corp?

http://www.apfn.org/APFN/fed_reserve.htm



I wonder how many people know that the fed is a private corporation that bailed out the US government in 1932 and prints the $$$ and charges the people interest? Is this a conspiracy theory? I have been a trader nearly my whole adult life and this is new news to me I always assumed that the fed was a federal agency. I would love to hear some feed back from Jim or others opinion on this if you have time...

http://www.bloomberg.com/news/2010-12-09/ron-paul-author-of-end-the-fed-to-lead-fed-oversight-panel.html






Fed may get audited.

I would love to know which members of the House voted to NOT audit the FED? They ought to be audited.