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Originally Posted by CaptainHaplo
Sadly, you are all apparently misinformed or intentionally trying to make things difficult.
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No, just pointing out a few salient facts. The Federal Reserve's powers are established by an Act of Congress, and subject to Congressional Oversight.
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The Federal Reserve is NOT a governmentally owned entity. No matter how you slice it. As such, it is NOT required to follow constitutional restrictions regarding government and religion. You can be unhappy about that all day long, but it doesn't change the facts. The Federal Reserve is at best a public - private partnership. Privately held but publicly administered. This is why money is lent by the FR to the government - at a specified interest rate! If the FR was government - it wouldn't be charging itself interest.....
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The discussion is about the motto printed on the money, and that is mandated by an Act of Congress. The Federal Reserve may control the currency, but they don't print the money. That is the province of the Treasury Department.