The best form of respresentation that we have in the US Government is the House of Representatives. It has been occupied by 435 members for the last 100 years.
The Federal Reserve Bank, also known as the Fed, is a private company. The company stock is owned by anonymous people who have control over our economy.
It is believed we have 3 balances of government. We actually have 5. Besides Executive, Legislative and Judicial we also have the Media and the Right to Bear Arms.
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