Study of the Hegemony of Parasitism - michaeljgoodnight.com

what he says and does has an effect upon us all. He is
the chairman of the Federal Reserve Bank of New York,
a post formerly held by Paul Volcker. This bank
represents the New York money market in the Federal
Reserve System. Fifty-three per cent of its stock is held
by five New York banks whose controlling influence is
the London House of Rothschild.
The chairman of the FRBNY sits permanently on the
FOMC at the right hand of the chairman of the Board of
Governors. Sec. 12A of the 1913 Federal Reserve Act
provided that five representatives of the 12 Federal
Reserve Banks should rotate on the FOMC. This was
quietly amended in August 1943, while World War II was
raging, to read: "one elected annually by the board of
directors of the Federal Reserve Bank of New York"
replacing the provision that "one should be elected
annually by the boards of directors of the Federal
Reserve Banks of Boston and New York". FRBNY is now
the only Federal Reserve Bank with a permanent seat on
the FOMC. The American public was never informed of
this change.