Friday, October 12, 2007

The Federal Reserve Bank - TRUTH (Why Ron Paul wants it Abolished)

This is the truth about the Federal Reserve Act of 1913. The FED banking system is a PRIVATE CORPORATION that collects billions of dollars in interest annually and distributes the profits to its shareholders. In 1992, taxpayers paid the FED banking system $286 billion in interest on debt the FED purchased by printing money virtually cost free.

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