This is a high quality version of the Financial Services Subcommittee on Oversight and Investigations hearing of May 5, 2009.
Rep. Alan Grayson asks the Federal Reserve Inspector General about the trillions of dollars lent or spent by the Federal Reserve and where it went, and the trillions of off balance sheet obligations. Inspector General Elizabeth Coleman responds that the IG does not know and is not tracking where this money is.
http://www.bloomberg.com/apps/news?pid=washingtonstory&sid=aGq2B3XeGKok
Federal Reserve Office of the Inspector General: http://www.federalreserve.gov/oig/
Duration : 0:5:24
[youtube cJqM2tFOxLQ]
I voted for him and …
I voted for him and saw him speak at a local church and I’m pleased to see him doing his job. He is taking on something big and I’m sure he is aware of it.
After you constrict …
After you constrict the money supply, and crash the economy, you print trillions of dollars and give it to your friends and cohorts (central and member banks) who then go on a buying spree of REAL ASSETS. Then as you relax the supply and prices rebound, your small group of cronies gets rich and easily repays the fed the monopoly money. Makes complete sense to me. There are no loans going to common business’s. This is a sham. Happens every eighteen years or so.
It is obvious that …
It is obvious that Alan isn’t in the club . Personally speaking I am disgusted by these Fed thieves and traitors. Let us burn them at the stake with their own worthless paper.
We might have a …
We might have a chance at optaining real freedom. God bless you alan
Google Petition …
Google Petition End Federal Reserve
Sign petitions to expose the Fed potential fraud. ACT NOW!
There should be a …
There should be a law stating: You steal more than 50,000 dollars, then crucifixtion is right for you. I do not understand.
too late and the …
too late and the list is too long
at least we have …
at least we have one or two honest people in our goverment……thank you for caring and doing your job alan….
Ben Bernanke……. …
Ben Bernanke………Just voted in as head of the Fed for another four years……talk about the untouchables. These are thieves who don’t wear masks.
Too funny, Timothy …
Too funny, Timothy geithner borrows 50 cents on the dollar from a communist country to pay our nations bills. And the federal reserve, Ben bernanke lends out trillions to foreign nations. It appears that the government is making it up as they go !
Someone get a rope
Someone get a rope
are u …
are u kidding me if we were in russia & she was asked 50 times shed be drawn & quartered
jail this …
jail this with githner
we don’t need any ” …
we don’t need any “research” on Grayson. We need research who the F… are YOU, worthless swine agent.
“the fed …
“the fed essentially printed up and purchased a trillion dollars worth of private equity”
Equity? Really?
“i cannot find where the fed balance sheet reflects which private businesses received money”
Why would it?
wrong. the fed …
wrong. the fed essentially printed up and purchased a trillion dollars worth of private equity. i cannot find where the fed balance sheet reflects which private businesses received money. if you could provide that information, i would be pleasantly surprised
@SWIMMAN155 What an …
@SWIMMAN155 What an idiot, Alan grayson is trying to save every Man, Woman, and Child a future 30.000 dollar bill, And you get a real idiot trying to label him an idiot swimman155, Not sure where this nation grew you,But you’re the reason for birth control!
If you do a little …
If you do a little research on Grayson you’ll see he is an absolute left-wing idiot who opens his mouth only to change feet. Even Chris “Leg Tingeler” Matthews on MSNBC (Yes MSNBC is an arm of the DNC) shut him down hard on the Obamacare scam!
“If you are not …
“If you are not responsible, who is ?”
I like this man !
@observationman
…
@observationman
Grayson doesn’t know what he’s talking about. All the Fed’s transactions are on their balance sheet. That’s why this woman didn’t have an answer to the questions.
She should have said, Grayson, get back on your meds and read some books and get back to be when you get a clue.
Go to auditthefed[ ...
Go to auditthefed[dot]com and sign the letter to the US Senate — Please. Let’s audit the FED!