Fed Belongs to Everybody as Public Says It’s Our Money in Crisis

Here's what 99% of Americans don't understand.  It doesn't matter who gets appointed as Fed Chairman--the US is cooked.

The Federal Reserve Bank ("Fed") is not a federal agency.  It is a private corporation with European and US commercial banks as shareholders.  They will never be "independent" as they portray themselves.  They have been, are, and always will be beholden to the banking class--because they are the banks themselves.

Therefore, expect perpetual bail-outs (because that's what QE is), and even more concerning, bail-ins.  Which means whether you're a tax payer or a saver in a bank account, you will be targeted after the next financial crisis.  Get used to it.  The Fed and it's ongoing bail-outs of banks are here to stay, no matter who gets appointed as Chairman.

http://www.bloomberg.com/news/2013-08-08/fed-belongs-to-everybody-as-public-says-it-s-our-money-in-crisis.html