The Real Housewives of Wall Street – A MUST READ!
Why is the Federal Reserve forking over $220 million in bailout money to the wives of two Morgan Stanley bigwigs? If you want to learn how the shadow budget works, follow along.
Why is the Federal Reserve forking over $220 million in bailout money to the wives of two Morgan Stanley bigwigs? If you want to learn how the shadow budget works, follow along.
The Senate voted 96-0 Tuesday to authorize a congressional audit of the secretive Federal Reserve Board’s emergency aid program and full disclosure of who got the money.
Fed Chairman Ben Bernanke admitted the central bank created $1.3 trillion out of thin air to buy mortgage backed securities.
The Fed asks to block a ruling that would force the central bank to reveal secret identities.
The congress has 2 choices – pass the health care reform legislation (and we know what will be next) , or the fed goes bankrupt (and we know what will be next)
They also purchased $1.25 trillion in MBSes (mortgage backed securities) and $175 billion of agency debt. $1.25 trillion. That is one scary number and we still cannot get derivatives reform?
Four years ago when you came before the Senate for confirmation to be Chairman of the Federal Reserve, I was the only Senator to vote against you. In fact, I was the only Senator to even raise serious concerns about you.
federal-reserve-seal-logo
Thursday, November 19. 2009
Posted by Karl Denninger
This one is definitely worth a read folks.
It appears that Representative Cummings, along with a half-dozen other Representatives, have had enough of The Fed’s games.
They are now calling for a FULL CONGRESSIONAL REVIEW of THE ENTIRE FEDERAL RESERVE SYSTEM, including A FULL PUBLIC AUDIT.
To this I say:
It’s about damn [...]
bernanke
Joshua Zumbrun, 07.21.09, 04:44 PM EDT
Central bank chief argues more review would compromise independence, seeking to deny legislative victory for one of Fed’s biggest opponents.
WASHINGTON – Federal Reserve Chairman Ben Bernanke faced a grilling in Congress on Tuesday about the role of the Fed, and spoke out strongly against a legislative proposal to audit the [...]
fulford
Financial stalemate may drag on until September before final collapse.
The US financial system may not collapse until September 30th of this year, according to our latest intelligence. A new, precious-metals backed system is in place but a split at the highest levels of the US secret government in preventing its implementation. The politicians and generals [...]
sekhmet
Mother Sekhmet’s Call
June 11, 2009
Transcribed by Your Transcription Team
Shirley, Jan, Annie, Katie, Patricia and Jules
Edited by Andrew McManus
Part 1: Roundtable with Mark, Rama, and Tara
AGGIE – Is it true that the Federal Reserve was ordered to close down by Obama?
RAMA – Greetings!
MARK – I’ll take this because I’m the one who probably read it all [...]
sekhmet
Introductory Words, Comments, and Questions
6/04/09
Transcribed by Your Transcription Team
Shirley, Jan, Annie, Katie, Patricia and Jules
KAUWILA – Link to President Obama’s speech as directly recorded live on my computer (without any media editing) can be found at: http://www.spirit.kauwila.net/
RAMA – Here’s the fix. Oh, my. The reality of what is going is Obama is saying [...]
story
Mark Huber: 3/4 of the way through Chris Story uses the “N” word and says that it will eliminate the Fed Res.
Just blow off his spin on the Clinton (Bill) allegation. That would be Hillary and Bush Sr.
MarkH
The point here is that since money nowadays represents electronic impulses, intelligence-related electronic payment systems can also ‘reverse [...]
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