AmericanNewsProject
July 10, 2009
The Federal Reserve is one of the most powerful and secretive institutions in Washington, long considered beyond the reach of lawmakers. But now, as details emerge of how the Fed secretly doled out more than a trillion dollars during the financial crisis, a rare bipartisan movement in Congress demands that the Fed be held accountable.
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see
Is the Fed Juicing the Stock Market? by Mike Whitney
What the Big Banks Have Won – Regulatory Capture by Mike Whitney
Kucinich: Fed Deserves Audit First, New Authority Second
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end the fed, end all these unnecessary wars on people.
Congress[Govt.] would have to raise funds the old fashion way by raising taxes, or selling bonds. Instead Congress courageously raises funds by appropriations, which is granted interestingly by the fed, and the fed only!
Goldman Sachs is the incubator for all these fedsters.
That place should have been left to dissolve into an insolvent grey ooze.
Glad to see this made the NY Times.
This public/private bankster arrangement between fed & treasury is designed to hide the money from the people (created by Democrats).
Creepsters like Bernanke, (and especially Paulson), Geithner are of course intent on manufacturing money for the benefit of vast wealth, at the expense of the tax-payers, and of course they will keep it all covert.
And the populace will yawn, as they will again when their health insurance is once again (and permanently this time) given to Blue Cross, Oxford, Cigna & State Farm.
It’s your fault people! (As was the Iraq war, the Vietnam war, each and every ensuing casualty, Katrina, and the current implosion of the world economic system at the hands of Fed banksters and corporate greed).
If the people didn’t worship at the feet of gangsters, greedmongers and thieves, it wouldn’t happen.
The US populace will go down with the ship, exactly as they deserve. They vote this stuff in, they get to be taken out.
The only response of Amerigoons will be to join a mega-church and pray for rain, and then join the army and go kill someone far away in revenge.
well said natureboy