National Debt: Did the question get answered?

Cecil's Columns/Staff Reports
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[QUOTE=Chairman Pow]
I’ll agree with the not going to a few zillionaires part (although they were the ones who started it[/QUOTEI’m afraid that I don’t know how to set up the fancy URL pointers, but this link will take you straight to the Federal Reserve Board’s FAQ which, among other things, describes how the Fed got started (by an act of congress: the Federal Reserve Act in 1913 - there’s a link to it on the page).

There’s also nice sections on that page on “Who owns the Federal Reserve?” and “How is the Federal Reserve funded?”.
http://www.federalreserve.gov/faq.htm

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Looks like I don’t know how to post a proper reply, either. Sheesh. Let’s try that again…

I’m afraid that I don’t know how to set up the fancy URL pointers, but this link will take you straight to the Federal Reserve Board’s FAQ which, among other things, describes how the Fed got started (by an act of congress: the Federal Reserve Act in 1913 - there’s a link to it on the page).

There’s also nice sections on that page on “Who owns the Federal Reserve?” and “How is the Federal Reserve funded?”.
http://www.federalreserve.gov/faq.htm