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Author Topic: Is The Federal Reserve This Out Of Control?  (Read 269 times)

SAMSON123

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Is The Federal Reserve This Out Of Control?
« on: October 31, 2010, 06:30:34 PM »


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?pi...

http://dailybail.com/home/there-are-no-words-to-describe-the-following-part-ii.html
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Soul Crusher

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Re: Is The Federal Reserve This Out Of Control?
« Reply #1 on: October 31, 2010, 06:34:20 PM »
Grayson is a complete joke and his work on this issue has been completely overshadowed by his bizarre antics on everything else. 

As for the Fed Reserve - by its own nature it is out of control. 
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