Alan Grayson: "Which Foreigners Got the Fed's $500,000,000,000?" Bernanke: "I Don't Know."
This is Congressman Alan Grayson questioning Federal Reserve Chairman Ben Bernanke on $550B of loans to foreigners (or 'central liquidity swaps' in Federal Reserve-ese').
Which financial institutions received this money? Bernanke's answer: "I don't know."
As the Fed was lending this money, the dollar increased by 30% in value. Grayson asks, was this a coincidence? Bernanke's answer: "YES"
Hmm, let me see??? Which foreign country got trillions of our money from the Zionist owned, Jewish run Federal Reserve?
Dang, that's a tough one!! Maybe this "SLC' stole all our money to "Secure Their Realm?"
A future with 11-20% of Americans permanently unemployed. And most of the rest that do have jobs are barely making ends meet, since most all the decent paying jobs have been shipped to China, where they pay their slave laborers less than 50 CENTS an hour and force them to work close to 100 hours a week.
In Response To Dividend Request, Fed Tells Banks To Stress Test For New Recession With 11% UnemploymentAn America that resembles some Dark Ages serfdom, ruled by a handful of lying thieves who have crowned themselves king of all, and crush us with their Federal Reserve con games, where any money us 'little people' might actually have is inflated to the point of it being completely worthless.
The Federal Reserve ordered the 19 largest U.S. banks to test their capital levels against a scenario of renewed recession with unemployment rising above 11 percent, said two people with knowledge of the review.
House Republicans move to slash domestic programs
That's code for gutting Medicare and Medicaid, and tossing Grandma overboard, to make up for cuts to the corporate tax rate and to keep a river of money flowing to that insane state of hate, Apartheid Israel and the Pentagon, so American kids can get sent over to the ME and SW Asia fighting wars in countries Israel doesn't like, which is pretty much EVERYONE.
Alan Grayson: Is Anyone Minding the Store at the Federal Reserve?
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.
This comment left at this video says it all:
My bank manages over $400B in assets. has over seven million customers, and handles over two billion transactions per year. Yet, I can go online and look at every transaction I've made to the cent. Meanwhile, the Federal Reserve, dealing with only a few hundred banks and maybe a few thousand transactions a year, can't answer a simple question plus or minus *SIX TRILLION DOLLARS*?Congressman Grayson is now 'Citizen' Grayson, losing his 2010 reelection bid, after serving only TWO years in Congress. His seat went to a Bible-Thumping, career politician, who knew what ass to kiss to gain power.
The PTB, especially the world's largest counterfeiting outfit, the privately owned Federal Reserve, can't stand having someone in the US House that actually represents 'We the People,' worked hard to combat government fraud and waste and got so 'uppity' he sponsored a bill to direct public schools to teach the US Consitution to our children.