Who is stealing your production look inside

From: Mike B.
Sent on: Wednesday, November 7, 2012 6:10 PM
I felt compelled today to sent this information about the banks out 
today because I am frustrated about all the nonsense chatter 
regarding Romama Obamney.

Oh the United States Codes are split into 50 separate titles. The 
Internal Revenue codes are in Title 26, so it is surprising to find 
this stuff in Title 12.

Read and weep and know who your real enemy is. For the record I am 
not one to commit suicide. Email me back if you need further explanation.

TITLE 12--BANKS AND BANKING

                     CHAPTER 3--FEDERAL RESERVE SYSTEM

     SUBCHAPTER I--DEFINITIONS, ORGANIZATION, AND GENERAL PROVISIONS
                             AFFECTING SYSTEM


Sec. 221. Definitions

     Wherever the word ``bank'' is used in this chapter, the word shall
be held to include State bank, banking association, and trust company,
except where national banks or Federal reserve banks are specifically
referred to.

[[Page 80]]

     The terms ``national bank'' and ``national banking association''
used in this chapter shall be held to be synonymous and interchangeable.
The term ``member bank'' shall be held to mean any national bank, State
bank, or bank or trust company which has become a member of one of the
Federal reserve banks.

                        TITLE 12--BANKS AND BANKING

                            CHAPTER 4--TAXATION

                    SUBCHAPTER I--FEDERAL RESERVE BANKS


Sec. 531. Exemption from taxation

     Federal reserve banks, including the capital stock and surplus
therein and the income derived therefrom, shall be exempt from Federal,
State, and local taxation, except taxes upon real estate.




Michael Benoit
Ron Paul for President
http://www.meetup...­ 

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