Gotcha, so the Federal Reserve is a Corporation (though I can’t find documentation on that aspect either way) and the laws of the Federal Government allow Corporations to exist so the Federal Government still can’t be a corporation!
I know you are not disagreeing, it is just so weird for the Sov Cit’s to pick this hill to die on.
They call the Federal Reserve a corporation due to the fact that it actually is a private legal entity. As in, the President of the United States can’t tell Jerome Powell, the current Fed chairman, what to do.
Gotcha, so the Federal Reserve is a Corporation (though I can’t find documentation on that aspect either way) and the laws of the Federal Government allow Corporations to exist so the Federal Government still can’t be a corporation!
I know you are not disagreeing, it is just so weird for the Sov Cit’s to pick this hill to die on.
They call the Federal Reserve a corporation due to the fact that it actually is a private legal entity. As in, the President of the United States can’t tell Jerome Powell, the current Fed chairman, what to do.
This seems to have some context around it.
It’s apparently referred to as the strawman theory
An educational reading, thank you