Yeah! More corporate welfare - that is the answer. Much easier than having a prime minister stand up and do his job. Oh! Right! He is too busy making attack ads!

the United States is no longer a constitutional republic, so I would be very surprised if they continue to play the front that they still play be the rules for very much longer. The American economy is about to go into deep crisis and they will operate for expediency for their own interests.

Obama uses his csars that are not approved by Congress to implement all policy, and as such we have a new zionist shadow government that is operating the actual actions of the American government and economy... totally unaccountable to Congress and operating without transparency... spending Trillions in stimulus spending to the 'politically' connected banksters; firing CEO's in the private industry and appointing the politically approved; consolidating government control over key industries; and providing oversight to the entire American civil service. The Americans are in the midst of a zionist/bankster/neocon free for all grab for political and economic power. NAFTA and fair trade rules mean nothing to these people other than any advantages they can use it for.

Canada needs to find more ways to circulate our own dollars in our won economy and not rely so much on exports to fund our much needed imports. Co-gen does this IMO.

opps our own economy... meant to say.

zionist shadow government?
Do you just make this s**t up eagleone?
I would agree that the states are essentially communist now (firing CEO's, consolidating government control, etc.), but zionist? Do you have any proof? I would be interested in seeing it...

Billion for 70 pulp and paper mills across canada over 3 years,anything will help but the real test will be in the delivery model thats put in place.

By using the term 'zionist', kitkat, I believe Eagle is referring to the policy of a philosophy that holds that "man was made to serve some system." Rather than its opposite, "that systems were made for man."

'Zionism' holds that the 'group' is to be made more important than the 'individuals' that comprise it. It is very definitely an anti-Christian philosophy.

It's an unfortunate circumstance that the usual perception of 'zionism' refers to the re-settlement of Jews in Israel. Regardless of whether those who are today's 'Jews' ever had any historic connection through ancestors who lived in that area in Biblical times or not.

That is the 'visible' objective of the term. Whether such a policy is justifiable or not, it provides a very convenient 'smokescreen' for the promotion of like minded philosophies which promote some form of 'external' control by an elite over others, ostensibly in the pursuit of some ultimately worthwhile purpose.

The history of such movements, which include both Communism and Fascism, indicates that most of those who follow such beliefs end up as 'cannon-fodder', while the 'elite' they're prostrating themselves to serve end up with whatever is worthwhile.

I am not sure why anyone thinks that a billion dollars to actually make plants more energy efficient will be capable of offsetting the incentive the Americans have received for virtually no technical upgrade at all, but just a minor cost of changing the fuel content.

Unless, of course, adding diesel to black liquor will meet the requirements of the feds to get access to the $billion.

Kitkat, in case you have not noticed, eagleone gets an orgasm everytime he can use Zionist in a post. When he can use Zionist and Bankster and Neocon all in the same post, he goes totally ecstatic.

*********** smile ***********

Of course, if he can use names such as Rothchild and Bronfman in association with the word Zionist, then you discover quickly that socredible's explanation of what eagleone actually means when he uses the word Zionist cannot typically be applied.

Webster definition of "zionism"

http://www.yourdictionary.com/zionism

one single definition shown:

"a movement formerly for reestablishing, now for supporting, the Jewish national state of Israel"

Just type in your search engine "Illuminati" and you will know exactly what Eagleone is refering to. Then you could type in the Rockafellers, the Rothchilds and/or the american Federal Reserve and that will give you even more information. IMO Eagleone is not far off in what is happening in the States but it is anyone's guess. We can only wait and see.

I would like to be enlightened on teh notion that socredible has on the meaning of Zionism. I can find no such reference on the internet as it relates to Zionism and it is the first time that I have ever seen such an association in my life. But, hey, I am ready to learn.

http://www.mideastweb.org/zionism.htm

"the United States is no longer a constitutional republic, so I would be very surprised if they continue to play the front that they still play be the rules for very much longer"

They never were. Remember their roots are British. The executive/president in the USA has a very special and solitary role, very similar to the crown in a true Monarchy.

http://books.google.ca/books?id=OAeD7xQmEPwC&pg=PA132&lpg=PA132&dq=american+constitution+parallels+monarchy&source=bl&ots=26_VtneilW&sig=Moq-keNdI5uLsEqwQUL3KbAhhUw&hl=en&ei=yQ05SsXNNongswOKwoH-Bg&sa=X&oi=book_result&ct=result&resnum=8

Druing the Constitutional Debates, Benjamin Franklin warned that "the executive will be always be increasing here until it ends in a Monarchy". he beleived Washington was a good man, but there were no guarantees after that.

So why don't we just give our pulp mills the same sweet deal the americans are getting?

Then also include some form of energy saving for the sawmill's at the same time.

Kit Kat I don't make it up... while some of the words I do sometimes lol... like Obama's czardom making America into a second coming of Sovietstan....lol.

But for real facts all one has to do is look at who he appoints... all hard core admitted zionists to all the czar positions... all the czar positions are self appointed by Obama and none are vetted by the Senate as required by the US constitution. This is all fact.

A sample includes:
Economic Czar - Larry (bankster bailouts) Summers
Regulatory Czar - Cass (Internet is a threat to democracy) Sunstein
Pay Czar - Kenneth (political friends get paid) Feinberg
Guantanamo/Military Jails Czar - Daniel (lock em up) Fried
Border Czar - Alan (NAFTA) Bersin
Climate Czar - Todd (perpetual war for perpetual peace) Stern
Global Warming Czar - Carol (CO2 tax) Browner

All appointed outside of the constitutional process. As the democratic President Pro Tempore of the US Senate (longest serving Senator) Robert Byrd said in his own words....
-------------
“Obama’s czars are a slick way of governing without having to answer to Congress. The rapid and easy accumulation of power by White House czars threatens the constitutional system of checks and balances.

Oversight of federal agencies is the responsibility of officials approved by the Senate, not appointees of the White House who operate with complete autonomy. These czars are accountable to no one but Obama. They have far reaching powers and Congress cannot stop a single decision they make.”

http://www.cbsnews.com/blogs/2009/02/25/politics/politicalhotsheet/entry4828759.shtml
http://articles.latimes.com/2009/mar/05/nation/na-obama-czars5
---------------

These ‘czars’ - appointed by Obama without Congressional approval - not only oversee Congressional-approved cabinet members, but act as independent national policy makers.

With a hard core 'neocon' Chief of Staff Emanual, a man who served for the Israeli Defense Forces as a youth making the appointments it should come as no surprise that all but one of the czar appointments are political zionists.

-------------------

I define a zionist as a person that believes in (and belongs to groups that believe in) a political ideology of ethnosupremacy and power consolidated based upon ethnocentric allegiances that enable a new world order established through a financial system wholly owned and controlled by fellow zionists that are protected by a safe base (Israel) from global persecution for those found guilty of their crimes in their host nations. I see the Jews as largely victims of this conspiracy as they are terrorized by the ideology into a form of Stockholm syndrome. Some of the most vile of the conspirators are in fact pseudo Christians operating under the protection of the zionist racket for personal gains and profit. IMO the conspiracy is centered in the US Federal Reserve as its core and emanates from there. Ron Paul is looking to bring some sunshine on them and if he is successful I think the world will be shocked at what is revealed.

I don't think we are close to Lenin's gas vans driving around picking up the clergy yet, but the road ahead is getting full of people with that same ideology.

"NAFTA and fair trade rules mean nothing to these people other than any advantages they can use it for."

Right because we signed the agreement because we wanted to help other people.

Sheeesh

Everyone has an agenda. Get over it.

they are using disel fuel to add to there black liqueor just inform the US government if that isn't stopped there will be an additional tariff added to the oil exports simlar to the lumber tariffs the US have in place.

The American Government never under any circumstances offered a subsidy to their Pulp Mills. To report that they did is misleading.

The subsidy was available for any companie that increased the use of bio fuel and reduced the use of diesel, gas, etc; and has been available for some time.

What happened is that some sharp eyed accountant came up with the idea that if they added diesl fuel to the black liquor process, and pretended that the diesel was the primary source of energy, and that the black liquor was secondary, then they could get the subsidy for burning the black liquor. This is very creative thinking, however it borders on being criminal, and is presently being looked into by the US Congress, and the Internal Revenue people.

To suggest that this subsidy was given to the pulp mills as a straight across the board subsidy is incorrect.

This is another case of someone finding a loop hole and taking advantage of it. It circumvents the intent of the legislation, however until it can be straightened out, we will have to live with it.

To give you an example of how this kind of Horse S..t works we need only go to the US dutie applied to Canadian lumber a few years ago. The duty did not apply to lumber that was further manufactured beyond the 2x4 stage. Smart (or shifty) Canadians drilled holes in the studs for electrical wiring, then claimed that this was a value added product and therefore not subject to the duties. They got away with this for sometime before the loop hole was closed.

The diesel/black liquor fiasco is the same thing. Shifty Corporate talking heads, pushing the letter of the law to the limit to make huge dollars at the expense of the taxpayer, who pays the subsidy.

Have a nice day.

Gus, but Jefferson said the tree of liberty has to be shaken from time to time....

If you shake the tree of Liberty in North America monkeys fall out.

Thanks for the reminder of the "loophole" Palopu. This discussion was had on this site when it first came to light, but people seem to have short memories or never participated in the original discussion.

The interesting thing, of course, is the way the Canadian government has reacted to this loophole.

As far as the tree of liberty goes, I think it was shaken with 9/11.

How quickly we seem to loose the context of how we find ourselves where we are today.

Of course others may have other notions of when that tree was shaken or how often it was shaken during the lifetime of the USA. No doubt the US civil war was a major shakeup from which some are still recovering to this day.

Besides, it seems to be that the words you are referring to are:

"The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants."

Now that I have read some of the quotes on the net from Jefferson, I think this meshes well with the point of view of Franklin as to the dangerous nature of the Executive Branch of the government.

"The natural progress of things is for liberty to yield and government to gain ground."

BTW, it is clear now that socredible was far off the mark when he tried to explain away the notion of a Zionist conspiracy as presented by eagleone.

Each of the people named are Jewish.

This article does not deal with conspiracy theories or the "religion" or race of the person, it deals with some good insight into things that matter in the context of today's financila world.

That is the kind of thinking discourse I enjoy.

http://www.naomiklein.org/articles/2009/04/why-we-should-banish-larry-summers-public-life

Eagleone says: "all the czar positions are self appointed by Obama and none are vetted by the Senate as required by the US constitution"

Can you please point me to the part in the USA Constitution that states that the Economic Advisor to the President has to be vetted by the Senate?

Summers may not last very long anyway.

http://www.larouchepac.com/node/10198

Thanks for the information Eagleone. That the jews have 'fallen for their captors' is an interseting notion and a bit of a stretch but an interesting theory. I'm not sure I agree with your definition of a zionist, but it was some good reading. Certainly the amount of power Obama is seizing is concerning.
Also thanks for the rebuttal gus, you have some excellent points to make as well.
Thanks to both of you!

'Zionism', whether you define it as the dictionary does, or as Eagleone does, is the policy of a philosophy.

Basically, that philosophy seems to posit that "the End always justifies the Means", regardless of whatever those "Means" may be. Or whatever area of Zionistic endeavour they're being applied to.

It negates the alternate idea that "any truly good End should always be capable of accomplishment by equally good Means."

I do not believe all 'Zionists' are Jews, nor that all Jews are Zionists. As I said before, its 'visible' purpose was the establishment of a 'homeland' for (primarily) European Jewry in Palestine.

To provide "a Land without People for a People without a Land" (of their own).

The fact that the 'chosen' Land without People already was well inhabited by a People other than the "Chosen", wasn't considered to be of much importance.

If they couldn't be 'bought' out, they'd be driven out. Or permanently subjugated, or murdered. And that process continues today.

What comes after that goal has been accomplished? Given a 'philosophy' that holds such little importance for the lives of those outside its particular "group" that Zionism does, it's anyone's guess.

Historically, the 'visible' purpose has garnered much support from those who equate the modern day Israeli with the descendents of Biblical Israel. Most of the European Jews that populate the Israel of today are descendents of the Khazars, a people that converted from Phallic worship to Judaism, and originally inhabited an area around the Black Sea.

The not so visible purposes for which Zionism exists are fundamentally the advancement of 'monopoly' in all fields, under highly centralized 'financial' control.

I do not share Eagle's belief about the US Federal Reserve as the font of all that's wrong, whether its managed by 'Zionist' Jews at the top or not. Nor his ideas that Ron Paul has any special insights as to what the real problem is, or how it might be corrected.

Going back to the 'gold standard' would be utterly stupid in this day and age, even if such a move were possible. I should imagine that NM Rothschild & Son, who have about 5% of the world's gold supply in the form of bullion in their London vaults, and indirectly control most of the known un-mined gold reserves of every major gold producer, would regard the implementation such a suggestion from Mr. Paul with great satisfaction.

It would be very difficult to operate any modern money system without a 'central bank'. The US tried, prior to 1913, and failed. There were numerous recurring financial "Panics" prior to the establishment of the Federal Reserve system in that year, and some of them were far more reaching in the devastation they caused American business and citizens than what we've seen since then.

The largest problem with the Federal Reserve system after its inception was that there was no provision for 'deposit insurance' until well into the Great Depression. Had there been a Federal Deposit Insurance Corp. established at the same time the Federal Reserve was formed, it's likely the Great Depression would've been of very short duration indeed.

It was never the large depositors who caused so many Bank failures in the 1930's, but the far more numerous small depositors, who ran to their Bank at the first rumour (and often times it was just rumour) that the Bank was 'unsound' and wanted to withdraw all their funds.

The largest problem today with the Federal Reserve is that it injects new credit into the economy "from the top down", which is an irrational way to do things. It needs to alter that method, and inject needed new credit "from the bottom up" ~ by paying 'dividends' directly to citizens, and 'rebating' consumers on the price of all retail purchases. The Bank of Canada should do the same thing here.

Gus IMO the liberty tree was shaken first by Andrew Jackson for the good of America and her citizens... then it was shaken again during the civil war when the Rothschilds (City of London banking cartel) tried to use the South as a hedge to subvert the United States, but was stopped by Lincoln and his American greenbacks... then came Jekle Island and the Christmas signing of the US Federal Reserve Act while Congress had gone home for vacation (the City of London was in)... then the Russian revolution and WW1 was a global shaking of the liberty tree by the bankers that largely failed thanks to Canada (Commonwealth replaced empire)... then came the great consolidation and monopolization of the great depression... then WW2 and the transfer of global financial empire from Britain to America... then the assassination of JFK to allow for the zionist shadow government to take its place... then Bill Clinton removing the banking regulations followed by Bush's 9/11 designed to put in place the future police state policies needed for eventual control... and now we have the czardom of Obama about to make the Constitution irrelevant as the nation is devalued into a third world commi/fascist economy.

All were revolutions for control of power and finance... control the finances of a nation and you control that nation....

If you like founding father quotes, then I highly recommend listening to the speech Patrick Henry gave March 23rd 1775 (give me liberty of give me death), or Samuel Adam's August 1st 1776 speech to the Philadelphia Congress where he correctly states liberty's situation at that time. Fantastic oratory that puts Obama to a second class when compared... Last night Fox news Glen Beck had a close modern day equivalent I thought....

Gus your connection of Jefferson to Franklin come as no surprise... during the decade leading up to American independence they spent a lot of time together in France formulating the thoughts that would establish the new republic and the issue of tyranny growing out of all the checks and balances they could put in place to stop it... was the central theme to their discussions at the time. Franklin, many don't know, was an agent of the Jewish bankers and Jefferson a client of their debt largess... this was a cause of tension between the two of them and his debt slavery (Jefferson) directly effecting his views on bankers and freedom... and thus his most famous quote lol.

-----------

The Constitution (Article II) commands that government officers with significant authority (called “principal officers”) are nominated by the president but are subject to the “advice and consent” of the US Senate.
http://avalon.law.yale.edu/18th_century/art2.asp

Kit Kat for all the evidence one needs to confirm the captive loyal population theory is to look at how hard Israel has to work to continue generating fear in their part of the world selling the idea to their population of another holocaust... involvement in false flag terrorism on their own population, and even here in Canada the Canadian Jewish Congress (a zionist front organization) even went so far as to fund the creation of the Canadian Nazi party through their paid agent John Beattie's and his activities to further their hate laws agenda....

http://www.ottawacitizen.com/news/Nazis+best+simply+ignored/1536856/story.html
http://ezralevant.com/2009/05/why-is-the-canadian-jewish-con.html

As a related aside... freedom of speech is what gives a nation its vitality... Rome was lost long before its walls fell... even when it was a shinning city on the hill with gleaming marble monuments to its greatness it was lost... Rome was lost because it lost its freedom of speech when it lost its republic and became an empire. Ditto for Athens, and the same can be said of every other great nation that fell from its greatness... these people that go so far as to fund nazi's to generate hate against the people they represent in order to get laws restricting free speech... IMO those types of political actors are the enemies of our nations vitality and freedom.

Freedom is defined by ones right to have their say without fear of prosecution by the state.

Socred I have nothing against a central bank... it is required for the well being of the economy... no argument from me on that front... I do have a problem with foreign actors with a political agenda controlling the money supply for the American as well as the world's reserve currency. IMO Central banks should be national departments under the direction, control, and accountability of the democracy they represent... for the well being of the citizens of the nation first and foremost... not for the safety net of bankster ponzi schemes.

IMO the City of London banking cartel is the US Federal Reserve and vice versa when one looks at the ownership. If one wanted to push the zionist project off of its balance in order to take it down and replace it with republican ideals... then this would be the place to start. Ron Paul may not buy into the zionist conspiracy, his issue is purely with the finances of the nation... but his solution would kill two birds with one stone... H.R. 1207, the Federal Reserve Transparency Act of 2009... a bill sponsored by Ron Paul, as of this week has a 218 of 435 member majority in the US House of Representatives. The House is now in negotiations with the Senate to have it passed into law allowing for the first time ever for the US Federal Reserve to be subject to an independent audit... this scares the hell out of the bankster funded Senators because they just allowed the US Fed to distribute trillions to their friends in the bank bailouts....

time will tell

The point being that we are dealing with an America that is no longer acting according to its constitution and thus bound by the laws of its treaties... if Canada allows our hands to be tied by NAFTA assuming the Americans are going to respect the rule of law... then IMO we are in grave economic danger.

Canada could opt out of NAFTA on the giving of six months notice. So could the USA. Neither will, because they are faced with a problem that none of those who want to reform the 'money system' in a way that restores it to 'national' control want to face up to. Instead they want to fool around with 'window dressing' like Ron Paul is doing with his 'audit' and 'transparency' proposals.

That problem is NO modern industrialised country can *internally* BUY ALL its own 'production' with ONLY the total amount of Incomes that have been distributed in the course of making it.

The overall Costs of Production continually coming forward into Prices of goods for sale constantly rises IN RATIO to the distribution of overall Incomes that are capable of fully liquidating those Costs through Price. (The deficiency is made up in various ways, but ultimately through exponentially rising unrepayable debt.)

They ALL have to find some way of disposing of the presently unpurchaseable surplus, and NOT for alternate 'goods' from elsewhere, but for international 'credit'.

To attempt to maintain the 'fungibility' of the various national currencies with this international 'credit' is what gives the international banking fraternity, at its upper echelons, the control over each nation's 'money' (and economic well-being) that it presently has.

Now if you want that rectified, you have to get to the CAUSE of the problem. Which is NOT that the international, Zionist Jew, New World Order promoting Banksters are terrible people who should be knocked off the position at the peak of the pyramid of power they presently enjoy, which they undoubtedly should be ~ but that until WE make it possible for ALL OUR OWN CITIZENS, as a matter of RIGHT, to be able to fully access ALL they have produced, (or its exchange through international trade), from the total Incomes they've received in each and every ongoing 'cycle of production', there is really no point in displacing one group of thoroughly odious 'Banksters' with what will certainly only be another.

Eagleone -

Since the wording of the Constitution is a bit ambiguous, it should come as no surprise that there has been a court ruling on Article 2 of the Constitution.

It states in part:

"The appointment of all other officers of the United States, not mentioned within the foregoing paragraph, is subject to regulation by law of Congress, at least to the extent that that body may determine whether they shall be appointed by the President with the approval of the Senate, or by the President alone, or by the courts of law or the heads of the departments."

http://chestofbooks.com/society/law/The-Constitutional-Law-Of-The-United-States/691-Officer-Of-The-United-States-Defined.html

So, has Congress made a regulation?

Nope... the lawsuits will soon clear things up I'm sure... in the meantime we have an unconstitutional zionist shadow government of appointed czars making some of the biggest decisions ever made in the American republic (ie nationalization of industry, and trillions in bailouts)... and these decisions have a direct effect and bearing on Canada, because bailouts subsidize our potential competitors and skew the real markets that we are tied to through free trade.

IMO decisions made by the czars are unconstitutional and therefore illegitimate, because the Senate has not approved their authority... therefore Canada needs to act accordingly when these decisions have a direct impact on our country and our economy. NAFTA is an agreement with the constitutional government of the United States and is not an agreement that the czars have authority to alter through domestic policies imposed within the United States.

If Obama wants the shadow government czars to have constitutional authority then he needs to submit their appointments for Senate approval otherwise they can freeze in the dark as far as Canada should be concerned....

Don't hold your breath Obama will get in line with the Constitution... Obama attended university on a special foreigner bursary and a duel citizen can't be president... either he lied then, or he is now... time will tell... then this week he fired the US Inspector General because the inspector was investigating a friend of Obama's on a million dollar fraud that Obama's friend agreed to pay back half admitting to the guilt... Obama claimed the Inspector General had gone senile thus the reason he was fired... Normally it is the Senate that approves of a firing of the Inspector General after notification of the reason by the president and a 30-day cooling off period. When it comes to Obama's political connections the constitution is just a piece of paper.

America is on the wrong path and as America's closest friend Canada has a duty to stand on guard for them when they need it. Its in Canada's best long term interest IMO.

"in the meantime we have an unconstitutional"

I just pointed out that the USA judiciary disagrees with that position you take. Do you also want to tell us that the judiciary is a Zionist led part of the 3 legged stool of USA government?

"and these decisions have a direct effect and bearing on Canada"

So? If my neighbour wans to put up a fence and will no longer mow my lawn for me while I tend his flower bed weeds, whose fault is that? Do I sit around and call it a Zionist movement on his part because his Jewish friend helped him build the fence?

To me it is simply matter of protecting ourselves. We are maitre chez nous, masters our own house. If we cannot take care of our own house because of the reliance we have set up on a foreign country, we cannot blame that foreign country in my point of view. It is our own lack of preparedness.

Look inward for solutions, not outward.

"America is on the wrong path and as America's closest friend Canada has a duty to stand on guard for them when they need it."

No it is not our duty. If anything it is the duty of the world to watch out for the mad giant swinging the only thing they know how to swing in times of trouble, their military might.

Our duty is like the duty of any good neighbour. Keep the hell out of their backyard unless invited. We do not like it when someone meddles in our affairs. The USA is no different. We need to show them that respect. We need to allow them to make their mistakes over and over again. And we need to be diligent about protecting ourselves and doing so with strengthening some other alliances in the meantime so that we are no longer as vulnerable to the whims of a giant.

And it appears that the Federal Reserve IS already 'audited'. So sayeth the FAQ section of their website.

The following is from an on-line discussion between an American believer in the common 'conspiracy theories' surrounding the Fed, and an American accounting historian who has actually researched the subject thoroughly:-

(Conspiracy Theorist:-) "The Fed chairman is a figure head appointed by the President, others are appointed by regional Fed banks."
-----------------------------------------------------------
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(Accounting Historian:-) I think you're confusing the Federal Reserve Board with the Federal Open Market Committee. The Chairman and all of of the governors, the traditional banking term for directors, of the Federal Reserve Board are appointed by the President of the United States, subject to confirmation by the United States Senate. The Federal Reserve Board is a federal agency and its employees are federal employees.
-

(CT:-) "The Fed is entirely non-government, except for its collusion with Treasury and the White House."
-----------------------------------------------------------
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(AH:-)It is not entirely non-government. To repeat, the Federal Reserve Board itself is a government agency, and its employees are federal employees.

The regional banks are not federal agencies, but they are not private corporations in the ordinary sense of what is meant by private corporations. Any profits earned by the regional banks are rebated to the United States Treasury. Their stock, which is entirely held by the member banks as a condition of membership in the Federal Reserve system, is not marketable, but must be relinquished back to their regional banks when and if they leave the system. The amount of stock each bank holds is determined by its size, but each bank, no matter how large or small, has just one vote.
-

(CT:-) "The handful of banks that own the NY fed class A voting stock reap profit and exert control."
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(AH:-) There is no such thing as "NY fed class A voting stock." All the members of the New York Federal Reserve Bank hold stock in the bank. That is every bank in the system, which is more than a "handful." No matter how large or small, each member bank has just one vote. But three directors including the Chairman and Vice-Chairman of each regional bank are appointed by the Federal Reserve Board, not through the vote of the member banks. They do not "reap profit" but are paid a fixed dividend on their stock. The totality of profit is rebated to the Treasury of the United States.
-

(CT:-)"Were the Fed a part of USGov they could not hide their books as they always have."
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(AH:-) This is from a Federal Reserve website under the heading, "Are the Federal Reserve System and Reserve Banks ever audited?":
http://www.federalreserve.gov/generalinfo/faq/faqfrs.htm#9

"The Board of Governors, the Federal Reserve Banks, and the Federal Reserve System as a whole are all subject to several levels of audit and review. Under the Federal Banking Agency Audit Act (enacted in 1978 as Public Law 95-320), which authorizes the Comptroller General of the United States to audit the Federal Reserve System, the Government Accountability Office (GAO) has conducted numerous reviews of Federal Reserve activities. In addition, the Board's Office of Inspector General (OIG) audits and investigates Board programs and operations as well as those Board functions delegated to the Reserve Banks. Completed and active GAO reviews and completed OIG audits, reviews, and assessments are listed in the Board’s Annual Report (before 2002, the reviews were listed in the Board's Annual Report: Budget Review).

"The Board's financial statements, and its compliance with laws and regulations affecting those statements, are audited annually by an outside auditor retained by the OIG. The financial statements of the Reserve Banks are also audited annually by an independent outside auditor. In addition, the Reserve Banks are subject to annual examination by the Board. The Board's financial statements and the combined financial statements for the Reserve Banks are published in the Board's Annual Report."