The text explores the changes in America's internal power structure after the establishment of the Federal Reserve System in 1913. It acts as the central bank of the country but is a foreign body by its origin, conduct, and lack of normal affiliation with the constitutional bodies of power: Congress, Government, and the Judicial. It allows the institution to openly ignore the formal mandates given it by the Federal Reserve Act of 1913, allowing it to act independently and without accountability for its acts and their consequences. By all evidence, it is the ruling power of the country in domestic and also foreign matters. Its independence in policy setting and implementation has put it on a direct collision course with its historic purpose, yet without any official inquiries or questions asked. Its imperial behavior leaves the proud and powerful American nation in a status equal to a colony of its former British masters.