David Lang admits San Francisco Federal Reserve is a private corporation
By Madison Ruppert
Editor of End the Lie
Well, there goes all those years of consistently denying the obvious fact that the Federal Reserve is a private corporation and in no way a governmental body!
Bernanke probably isn’t too happy about this, although he’ll likely continue to claim that Occupy Wall Street protesters simply have “misconceptions” about the true nature of the private Federal Reserve.
This was exemplified earlier this month when Bernanke showcased his brazenness in telling CNN, “A very simplistic interpretation of [what we did in 2008 and 2009] was that we were doing that because we wanted to preserve, you know, banker salaries. That is obviously not the case.”
When a private corporation hands out over $16 trillion to banks across the world which use the money to give bonuses to their employees and continue their insane gambling binge on the taxpayer dime, there can be no “misconceptions.”
They are just hard facts and despite Bernanke’s voluminous absurdist claims, the song remains the same.