The text explores the changes in America's internal power structure
after the establishment of the Federal Reserve System in 1913. It
acts as the central bank of the country but is a foreign body by
its origin, conduct, and lack of normal affiliation with the
constitutional bodies of power: Congress, Government, and the
Judicial. It allows the institution to openly ignore the formal
mandates given it by the Federal Reserve Act of 1913, allowing it
to act independently and without accountability for its acts and
their consequences. By all evidence, it is the ruling power of the
country in domestic and also foreign matters. Its independence in
policy setting and implementation has put it on a direct collision
course with its historic purpose, yet without any official
inquiries or questions asked. Its imperial behavior leaves the
proud and powerful American nation in a status equal to a colony of
its former British masters.
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