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Question:

Do foreign banks control the Federal Reserve?

I hear rumors that the following banks run/control the Fed:Rothschild Bank of London Warburg Bank of Hamburg Rothschild Bank of Berlin Lehman Brothers of New York Lazard Brothers of Paris Kuhn Loeb Bank of New York Israel Moses Seif Banks of Italy Goldman, Sachs of New York Warburg Bank of Amsterdam Chase Manhattan Bank of New York Is this true?

Answer:

The stocks of the regional federal reserve banks are owned by the banks operating within that region and which are part of the system. I'm sure Chase owns part of the NY Federal Reserve Bank. The others not unless Goldman is now a member.
No, foreign banks do not control the Federal Reserve. Most conspiracy theories come into existence because when things happen we simply have to know *why*. Sometimes, the desire of people to know *why* leads them to come up with their own answers, even if those answers are not exactly correct. However, they become absolutely conviced that their answer is correct and once that happens changing their mind is extremely difficult. This becomes mindboggling when no clear evidence exists to support their conclusion--the default response to this is the conspiracy is so powerful that they can cover up evidence of their existence. In reality, there was a conspiracy that led to the current downfall, but it was a public conspiracy of short-sightedness and greed. The Federal Reserve artificially lowering interest rates, people buying houses they couldn't afford (probably because they were trying to flip the house and make quick money), businesses pushing subprime mortgages to those people, and other businesses investing in securities backed by the subprime mortgages.
The truth of the matter is that the FED is not part of the US Government. It is a Privately Controlled entity.

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